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RajeshY
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RajeshY
2021-10-11
Good
Big banks kick off Q3 earnings season, CPI inflation data: What to know this week
RajeshY
2021-09-27
Ok
Bank stocks are cheap -- here are the 20 best players in the industry
RajeshY
2021-10-08
$Vale SA(VALE)$
being patient
RajeshY
2021-10-08
Great
China tech names rally in morning trading
RajeshY
2021-10-08
Nice
抱歉,原内容已删除
RajeshY
2021-09-28
Good
What happens if the U.S. defaults on its debt?
RajeshY
2021-09-28
Yes
Brokers' take: DBS says oil proxies should remain in favour; raises price estimates
RajeshY
2021-11-09
$Meta Platforms, Inc.(FB)$
good
RajeshY
2021-10-22
$Alphabet(GOOG)$
google
RajeshY
2021-10-20
$Facebook(FB)$
hope it goes to 350
RajeshY
2021-10-19
$Facebook(FB)$
keep going up
RajeshY
2021-10-17
$Vale SA(VALE)$
ggoing upnow
RajeshY
2021-10-15
$Microsoft(MSFT)$
up up
RajeshY
2021-10-15
$Microsoft(MSFT)$
up up up
RajeshY
2021-10-13
$Apple(AAPL)$
yed
RajeshY
2021-10-04
$Alphabet(GOOG)$
hope it goes up
RajeshY
2021-10-03
$Microsoft(MSFT)$
mmsft
RajeshY
2021-09-28
Ues
China's yuan inches up, worries over economic recovery cap gains
RajeshY
2021-09-28
Basis
Why Bitcoin Isn’t a Good Market Hedge
RajeshY
2021-09-25
$Vale SA(VALE)$
worsy
去老虎APP查看更多动态
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up","images":[{"img":"https://static.tigerbbs.com/25a0b2c85a24d401935db1afac299763","width":"1080","height":"2164"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/845607194","isVote":1,"tweetType":1,"viewCount":724,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"CN","totalScore":0},{"id":842124588,"gmtCreate":1636157414629,"gmtModify":1636157414815,"author":{"id":"3576365323629443","authorId":"3576365323629443","name":"RajeshY","avatar":"https://static.tigerbbs.com/af58f71bc73644abaf9df97f802ebd97","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/NFLX\">$Netflix(NFLX)$</a>gone","listText":"<a 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u meta <a href=\"https://laohu8.com/S/FB\">$Meta Platforms, Inc.(FB)$</a>","listText":"go u meta <a href=\"https://laohu8.com/S/FB\">$Meta Platforms, Inc.(FB)$</a>","text":"go u meta $Meta Platforms, Inc.(FB)$","images":[{"img":"https://static.tigerbbs.com/74ca9b7b0cd29384d8eb0bb55bb996a0","width":"1080","height":"1920"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/848541433","isVote":1,"tweetType":1,"viewCount":534,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"CN","totalScore":0},{"id":841715863,"gmtCreate":1635942681992,"gmtModify":1635942682158,"author":{"id":"3576365323629443","authorId":"3576365323629443","name":"RajeshY","avatar":"https://static.tigerbbs.com/af58f71bc73644abaf9df97f802ebd97","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"50k","listText":"50k","text":"50k","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/841715863","repostId":"841474461","repostType":1,"repost":{"id":841474461,"gmtCreate":1635939384890,"gmtModify":1635943257016,"author":{"id":"3563421686188310","authorId":"3563421686188310","name":"Hopehope赋予希望","avatar":"https://static.tigerbbs.com/9d9527ab7ac6557b84288abebb9ec540","crmLevel":8,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"<a 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SA(VALE)$vvale","images":[{"img":"https://static.tigerbbs.com/0336c8eed572b87ff5db6ece12409b5f","width":"1080","height":"3260"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/855649824","isVote":1,"tweetType":1,"viewCount":168,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"CN","totalScore":0}],"hots":[{"id":828705401,"gmtCreate":1633942064083,"gmtModify":1633942064279,"author":{"id":"3576365323629443","authorId":"3576365323629443","name":"RajeshY","avatar":"https://static.tigerbbs.com/af58f71bc73644abaf9df97f802ebd97","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"Good","listText":"Good","text":"Good","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":7,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/828705401","repostId":"2174971913","repostType":4,"repost":{"id":"2174971913","pubTimestamp":1633907096,"share":"https://www.laohu8.com/m/news/2174971913?lang=&edition=full","pubTime":"2021-10-11 07:04","market":"us","language":"en","title":"Big banks kick off Q3 earnings season, CPI inflation data: What to know this week","url":"https://stock-news.laohu8.com/highlight/detail?id=2174971913","media":"Yahoo Finance","summary":"Third-quarter earnings season ramps up in earnest this week with a packed schedule of major financia","content":"<p>Third-quarter earnings season ramps up in earnest this week with a packed schedule of major financial companies poised to report results. Key economic data will include the U.S. consumer price index for September, in the latest print on the state of inflation in the U.S. economy.</p>\n<p>Investors have been anxiously awaiting the start of the latest earnings season and bracing for a deceleration in corporate profit growth after a strong second quarter.</p>\n<p>S&P 500 earnings are expected to grow by 27.6% in aggregate for the third quarter, slowing sharply from the second quarter's nearly 90% growth rate, according to data from FactSet. Still, last quarter's results had been aided by easy comparisons to the pandemic-depressed profit levels of mid-2020. And at nearly 30%, the expected earnings growth rate for the third quarter would still be the third-fastest pace for the index since 2010.</p>\n<p>Traders are especially looking to see that supply-side challenges and rising input and labor costs weighed heavily on corporate profits for the latest quarter. Nearly two dozen S&P 500 companies — including major names like FedEx (FDX) and Nike (NKE) — have already reported third-quarter results, giving hints about the magnitude of the margin pressure being exerted by supply-side challenges.</p>\n<p>\"Supply chain disruptions and costs have been cited by the highest number companies in the index to date as a factor that either had a negative impact on earnings or revenues in Q3, or is expected to have a negative impact on earnings or revenues in future quarters,\" FactSet's John Butters wrote in a note on Friday. Of the 21 S&P 500 component companies that have reported results so far, 15 of them have discussed negative impacts from these factors, Butters added.</p>\n<p>\"After supply chain disruptions, labor shortages and costs (14), COVID costs and impacts (11), and transportation and freight costs (11) have been discussed by the highest number of S&P 500 companies,\" he added.</p>\n<p>For many companies, the specter of eventual interest rate hikes from the Federal Reserve and the present inflationary environment has presented a slew of concerns over higher input and borrowing costs. But for the Big Banks, a higher interest-rate environment generally translates into stronger profits in their key lending businesses, allowing them to command higher rates on loans.</p>\n<p>The major U.S. banks including JPMorgan Chase (JPM), Bank of America (BAC), Goldman Sachs (GS) and <a href=\"https://laohu8.com/S/MSTLW\">Morgan Stanley</a> (MS) are each set to report quarterly results this week. Heading into these results, many analysts have said they expect to see net interest margins expand alongside the creep higher in benchmark interest rates this year. And as the economic recovery chugs along, banks may further release loan loss reserves they set aside to protect against potential defaults and nonpayments over the course of the pandemic.</p>\n<p>\"We expect 3Q21 EPS [earnings per share] results to be stronger on a year-over-year basis as loan loss reserves continue to be released albeit at a lower level than 1Q/2Q21 and the group posts positive revenue growth,\" RBC Capital Markets analyst Gerard Cassidy wrote in a note last week.</p>\n<p>\"Key themes that we expect to see in the results include: (1) more signs of net interest margin (NIM) stabilization; (2) growth in the consumer loan, residential mortgage and commercial real estate mortgage portfolios; and (3) positive outlook guidance on credit, loan growth (especially commercial & industrial loans,) and NIM,\" he added. \"Lastly, commentary on core operating expenses should be listened to carefully to see if the banks are starting to feel non-incentive compensation wage pressure.\"</p>\n<p>According to Matt O'Connor, Deutsche Bank managing director of U.S. banks equity research, banks still have considerable room for loan growth with the economic recovery under way. Total industry loans are still 1% below pre-pandemic levels from the fourth quarter of 2019, he said, and are down by an even more significant mid-single-digits percentage when excluding loans made via the COVID-era Paycheck Protection Program.</p>\n<p>“We remain positive on bank stocks given a likely multi-year positive backdrop for credit, interest rates and loan growth,” O'Connor wrote in a note. “It’s hard to be too negative on the banks given a generally favorable macroeconomic outlook among most (despite some slower activity more recently) and the prospect for higher rates and faster loan growth, though was we’ve noted before the timing/magnitude of this remains unclear.”</p>\n<p>For the year-to-date, the financials sector remains the second-best performer in the S&P 500 after the energy sector, climbing more than 30% so far in 2021.</p>\n<h2>Consumer price index</h2>\n<p>One of the most closely watched economic reports this week will be the Bureau of Labor Statistics' Consumer Price Index, due for release on Wednesday.</p>\n<p>The report is expected to show consumer prices rose at roughly the same month-on-month and annual rate in September as in August, reinforcing the persistent inflationary pressures present even as the economic recovery rolls on.</p>\n<p>Consensus economists are looking for the consumer price index to jump by 0.3% in September over the previous month and by 5.3% over the prior year.</p>\n<p>At least some of that increase will likely come as a result of jumping energy prices, with crude oil and natural gas prices spiking amid elevated demand and tight supply over the past month. However, even excluding more volatile food and energy prices, the CPI likely still rose at a 4.0% annual pace.</p>\n<p>The so-called core measure of CPI has moderated from June's 4.5% annual clip, or the fastest rate since 1991, but has still held markedly higher compared to pre-pandemic standards. Some of the categories mostly closely associated with the economic reopening have seen prices pull back after initial surges in the spring and early summer — but not by enough to bring down the overall level of CPI.</p>\n<p>“The key takeaway from the upcoming consumer price index will be how broadly across categories we are seeing price increases,\" Greg McBride, chief financial analyst for Bankrate, said in an email on Friday. \"While used car prices, airfares, and lodging have all pulled back a bit, underscoring the idea that higher inflation might indeed be transitory, increases in others like shelter costs might just be heating up.”</p>\n<p>Other areas of the economy have also begun to show persistently heightened levels of inflation, with U.S. crude oil futures skyrocketing to their highest level since 2014 last week and commodity prices across the board moving higher. And last week's September jobs report also reflected a number of inflationary pressures in the labor market, with average hourly wages accelerating to the fastest year-over-year pace since February, and rise in the workweek taking place alongside a drop in labor force participation.</p>\n<p>\"We expect reopening effects to continue to fade, but the risk from supply constraints is likely to be longer-lasting than previously expected,\" High Frequency Economics' Rubeela Farooqi wrote in a note. \"That should provide ongoing support to goods prices, even as services inflation continues to revert to more typical trends on a normalization of activity.\"</p>\n<h2>Economic calendar</h2>\n<ul>\n <li><p><b>Monday:</b> <i>No notable reports scheduled for release </i></p></li>\n <li><p><b>Tuesday: </b>NFIB Small Business Optimism, September (99.5 expected, 100.1 during prior month); JOLTS Job Openings, August (10.938 million expected, 10.934 million during prior month)</p></li>\n <li><p><b>Wednesday: </b>MBA Mortgage Applications, week ended Oct. 8 (-6.9% during prior week); Consumer price index, month-over-month, September (0.3% expected, 0.3% during prior month); CPI excluding food and energy, month-over-month, September (0.2% expected, 0.1% during prior month); CPI year-over-year, September (5.3% expected, 5.3% during prior month); CPI excluding food and energy, year-over-year, September (4.0% expected, 4.0% during prior month); Real Average Hourly earnings, year-over-year, September (-1.1% during prior month); Real Average Weekly earnings, year-over-year, September (-1.4% during prior month); FOMC meeting minutes</p></li>\n <li><p><b>Thursday: </b>Initial jobless claims, week ended Oct. 9 (325,000 expected, 326,000 during prior week); Continuing claims, week ended Oct. 2 (2.696 million expected, 2.714 million during prior week); Producer price index, month-over-month, September (0.6% expected, 0.7% during prior month); PPI excluding food and energy, month-over-month, September (0.5% expected, 0.6% during prior month); PPI, year-over-year, September (8.7% expected, 8.3% during prior month); PPI excluding food and energy, year-over-year. September (7.1% expected, 6.7% during prior month)</p></li>\n <li><p><b>Friday: </b>Empire Manufacturing, October (25.0 expected, 34.3 during prior month); Retail sales, month-over-month, September (-0.2% expected, 0.7% during prior month); Retail sales excluding autos and gas, month-over-month, September (0.6% expected, 1.8% during prior month); Import price index, month-over-month, September (0.6% expected, -0.3% during prior month); University of Michigan sentiment, October preliminary (73.5 expected, 72.8 during prior month)</p></li>\n</ul>\n<h2>Earnings calendar</h2>\n<ul>\n <li><p><b>Monday: </b><i>No notable reports scheduled for release</i></p></li>\n <li><p><b>Tuesday: </b><i>No notable reports scheduled for release</i></p></li>\n <li><p><b>Wednesday: </b>JPMorgan Chase (JPM), BlackRock (BLK), First Republic Bank (FRC), Delta Air Lines (DAL) before market open</p></li>\n <li><p><b>Thursday: </b>Bank of America (BAC), Domino's Pizza (DPZ), <a href=\"https://laohu8.com/S/WBA\">Walgreens Boots Alliance</a> (WBA), The Progressive Corp. (PGR), UnitedHealth Group (UNH), US Bancorp (USB), Wells Fargo (WFC), Morgan Stanley (MS), Citigroup (C) before market open; Alcoa (AA) after market close</p></li>\n <li><p><b>Friday: </b>PNC Financial Services (PNC), <a href=\"https://laohu8.com/S/TFC\">Truist Financial Corp</a>. (TFC), Coinbase Global (COIN), The Charles Schwab Corp. (SCHW), Goldman Sachs (GS) before market open</p></li>\n</ul>","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>Big banks kick off Q3 earnings season, CPI inflation data: 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; 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\">\nBig banks kick off Q3 earnings season, CPI inflation data: What to know this week\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-10-11 07:04 GMT+8 <a href=https://finance.yahoo.com/news/big-banks-kick-off-q-3-earnings-season-cpi-inflation-data-what-to-know-this-week-170456712.html><strong>Yahoo Finance</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Third-quarter earnings season ramps up in earnest this week with a packed schedule of major financial companies poised to report results. Key economic data will include the U.S. consumer price index ...</p>\n\n<a href=\"https://finance.yahoo.com/news/big-banks-kick-off-q-3-earnings-season-cpi-inflation-data-what-to-know-this-week-170456712.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"GS":"高盛","C":"花旗","SPY.AU":"SPDR® S&P 500® ETF Trust","WFC":"富国银行","MS":"摩根士丹利","BAC":"美国银行","JPM":"摩根大通"},"source_url":"https://finance.yahoo.com/news/big-banks-kick-off-q-3-earnings-season-cpi-inflation-data-what-to-know-this-week-170456712.html","is_english":true,"share_image_url":"https://static.laohu8.com/5f26f4a48f9cb3e29be4d71d3ba8c038","article_id":"2174971913","content_text":"Third-quarter earnings season ramps up in earnest this week with a packed schedule of major financial companies poised to report results. Key economic data will include the U.S. consumer price index for September, in the latest print on the state of inflation in the U.S. economy.\nInvestors have been anxiously awaiting the start of the latest earnings season and bracing for a deceleration in corporate profit growth after a strong second quarter.\nS&P 500 earnings are expected to grow by 27.6% in aggregate for the third quarter, slowing sharply from the second quarter's nearly 90% growth rate, according to data from FactSet. Still, last quarter's results had been aided by easy comparisons to the pandemic-depressed profit levels of mid-2020. And at nearly 30%, the expected earnings growth rate for the third quarter would still be the third-fastest pace for the index since 2010.\nTraders are especially looking to see that supply-side challenges and rising input and labor costs weighed heavily on corporate profits for the latest quarter. Nearly two dozen S&P 500 companies — including major names like FedEx (FDX) and Nike (NKE) — have already reported third-quarter results, giving hints about the magnitude of the margin pressure being exerted by supply-side challenges.\n\"Supply chain disruptions and costs have been cited by the highest number companies in the index to date as a factor that either had a negative impact on earnings or revenues in Q3, or is expected to have a negative impact on earnings or revenues in future quarters,\" FactSet's John Butters wrote in a note on Friday. Of the 21 S&P 500 component companies that have reported results so far, 15 of them have discussed negative impacts from these factors, Butters added.\n\"After supply chain disruptions, labor shortages and costs (14), COVID costs and impacts (11), and transportation and freight costs (11) have been discussed by the highest number of S&P 500 companies,\" he added.\nFor many companies, the specter of eventual interest rate hikes from the Federal Reserve and the present inflationary environment has presented a slew of concerns over higher input and borrowing costs. But for the Big Banks, a higher interest-rate environment generally translates into stronger profits in their key lending businesses, allowing them to command higher rates on loans.\nThe major U.S. banks including JPMorgan Chase (JPM), Bank of America (BAC), Goldman Sachs (GS) and Morgan Stanley (MS) are each set to report quarterly results this week. Heading into these results, many analysts have said they expect to see net interest margins expand alongside the creep higher in benchmark interest rates this year. And as the economic recovery chugs along, banks may further release loan loss reserves they set aside to protect against potential defaults and nonpayments over the course of the pandemic.\n\"We expect 3Q21 EPS [earnings per share] results to be stronger on a year-over-year basis as loan loss reserves continue to be released albeit at a lower level than 1Q/2Q21 and the group posts positive revenue growth,\" RBC Capital Markets analyst Gerard Cassidy wrote in a note last week.\n\"Key themes that we expect to see in the results include: (1) more signs of net interest margin (NIM) stabilization; (2) growth in the consumer loan, residential mortgage and commercial real estate mortgage portfolios; and (3) positive outlook guidance on credit, loan growth (especially commercial & industrial loans,) and NIM,\" he added. \"Lastly, commentary on core operating expenses should be listened to carefully to see if the banks are starting to feel non-incentive compensation wage pressure.\"\nAccording to Matt O'Connor, Deutsche Bank managing director of U.S. banks equity research, banks still have considerable room for loan growth with the economic recovery under way. Total industry loans are still 1% below pre-pandemic levels from the fourth quarter of 2019, he said, and are down by an even more significant mid-single-digits percentage when excluding loans made via the COVID-era Paycheck Protection Program.\n“We remain positive on bank stocks given a likely multi-year positive backdrop for credit, interest rates and loan growth,” O'Connor wrote in a note. “It’s hard to be too negative on the banks given a generally favorable macroeconomic outlook among most (despite some slower activity more recently) and the prospect for higher rates and faster loan growth, though was we’ve noted before the timing/magnitude of this remains unclear.”\nFor the year-to-date, the financials sector remains the second-best performer in the S&P 500 after the energy sector, climbing more than 30% so far in 2021.\nConsumer price index\nOne of the most closely watched economic reports this week will be the Bureau of Labor Statistics' Consumer Price Index, due for release on Wednesday.\nThe report is expected to show consumer prices rose at roughly the same month-on-month and annual rate in September as in August, reinforcing the persistent inflationary pressures present even as the economic recovery rolls on.\nConsensus economists are looking for the consumer price index to jump by 0.3% in September over the previous month and by 5.3% over the prior year.\nAt least some of that increase will likely come as a result of jumping energy prices, with crude oil and natural gas prices spiking amid elevated demand and tight supply over the past month. However, even excluding more volatile food and energy prices, the CPI likely still rose at a 4.0% annual pace.\nThe so-called core measure of CPI has moderated from June's 4.5% annual clip, or the fastest rate since 1991, but has still held markedly higher compared to pre-pandemic standards. Some of the categories mostly closely associated with the economic reopening have seen prices pull back after initial surges in the spring and early summer — but not by enough to bring down the overall level of CPI.\n“The key takeaway from the upcoming consumer price index will be how broadly across categories we are seeing price increases,\" Greg McBride, chief financial analyst for Bankrate, said in an email on Friday. \"While used car prices, airfares, and lodging have all pulled back a bit, underscoring the idea that higher inflation might indeed be transitory, increases in others like shelter costs might just be heating up.”\nOther areas of the economy have also begun to show persistently heightened levels of inflation, with U.S. crude oil futures skyrocketing to their highest level since 2014 last week and commodity prices across the board moving higher. And last week's September jobs report also reflected a number of inflationary pressures in the labor market, with average hourly wages accelerating to the fastest year-over-year pace since February, and rise in the workweek taking place alongside a drop in labor force participation.\n\"We expect reopening effects to continue to fade, but the risk from supply constraints is likely to be longer-lasting than previously expected,\" High Frequency Economics' Rubeela Farooqi wrote in a note. \"That should provide ongoing support to goods prices, even as services inflation continues to revert to more typical trends on a normalization of activity.\"\nEconomic calendar\n\nMonday: No notable reports scheduled for release \nTuesday: NFIB Small Business Optimism, September (99.5 expected, 100.1 during prior month); JOLTS Job Openings, August (10.938 million expected, 10.934 million during prior month)\nWednesday: MBA Mortgage Applications, week ended Oct. 8 (-6.9% during prior week); Consumer price index, month-over-month, September (0.3% expected, 0.3% during prior month); CPI excluding food and energy, month-over-month, September (0.2% expected, 0.1% during prior month); CPI year-over-year, September (5.3% expected, 5.3% during prior month); CPI excluding food and energy, year-over-year, September (4.0% expected, 4.0% during prior month); Real Average Hourly earnings, year-over-year, September (-1.1% during prior month); Real Average Weekly earnings, year-over-year, September (-1.4% during prior month); FOMC meeting minutes\nThursday: Initial jobless claims, week ended Oct. 9 (325,000 expected, 326,000 during prior week); Continuing claims, week ended Oct. 2 (2.696 million expected, 2.714 million during prior week); Producer price index, month-over-month, September (0.6% expected, 0.7% during prior month); PPI excluding food and energy, month-over-month, September (0.5% expected, 0.6% during prior month); PPI, year-over-year, September (8.7% expected, 8.3% during prior month); PPI excluding food and energy, year-over-year. September (7.1% expected, 6.7% during prior month)\nFriday: Empire Manufacturing, October (25.0 expected, 34.3 during prior month); Retail sales, month-over-month, September (-0.2% expected, 0.7% during prior month); Retail sales excluding autos and gas, month-over-month, September (0.6% expected, 1.8% during prior month); Import price index, month-over-month, September (0.6% expected, -0.3% during prior month); University of Michigan sentiment, October preliminary (73.5 expected, 72.8 during prior month)\n\nEarnings calendar\n\nMonday: No notable reports scheduled for release\nTuesday: No notable reports scheduled for release\nWednesday: JPMorgan Chase (JPM), BlackRock (BLK), First Republic Bank (FRC), Delta Air Lines (DAL) before market open\nThursday: Bank of America (BAC), Domino's Pizza (DPZ), Walgreens Boots Alliance (WBA), The Progressive Corp. (PGR), UnitedHealth Group (UNH), US Bancorp (USB), Wells Fargo (WFC), Morgan Stanley (MS), Citigroup (C) before market open; Alcoa (AA) after market close\nFriday: PNC Financial Services (PNC), Truist Financial Corp. (TFC), Coinbase Global (COIN), The Charles Schwab Corp. (SCHW), Goldman Sachs (GS) before market open","news_type":1},"isVote":1,"tweetType":1,"viewCount":58,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":866821633,"gmtCreate":1632754597422,"gmtModify":1632798061745,"author":{"id":"3576365323629443","authorId":"3576365323629443","name":"RajeshY","avatar":"https://static.tigerbbs.com/af58f71bc73644abaf9df97f802ebd97","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/866821633","repostId":"2170930623","repostType":4,"repost":{"id":"2170930623","pubTimestamp":1632752688,"share":"https://www.laohu8.com/m/news/2170930623?lang=&edition=full","pubTime":"2021-09-27 22:24","market":"us","language":"en","title":"Bank stocks are cheap -- here are the 20 best players in the industry","url":"https://stock-news.laohu8.com/highlight/detail?id=2170930623","media":"MarketWatch","summary":"Bank stocks have soared during 2021, but are still trading lower than usual to the market as a whole","content":"<p>Bank stocks have soared during 2021, but are still trading lower than usual to the market as a whole</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/3f684a94a59b066b5c5fddf327b6be10\" tg-width=\"700\" tg-height=\"487\" width=\"100%\" height=\"auto\"><span>BLOOMBERG</span></p>\n<p>Bank stocks have had a good run in 2021, but they still lag behind the broader market's recovery since the pandemic doldrums of 2020. And now that the Federal Reserve seems likely to allow interest rates to rise soon, the banks may have an easier time improving their profits.</p>\n<p>Below is a list of the best-performing U.S. banks over the past five years, based on returns on common equity.</p>\n<p>During her recent discussion of stock-market strategy on CNBC, Savita Subramanian, the head of U.S. equity and quantitative strategy at Bank of America, said that small-cap stocks, especially energy and financial companies, were trading at compelling valuations and could give investors \"more earnings yield for the same price.\"</p>\n<p>Here's a recent screen of energy stocks.</p>\n<p><b>Low valuations</b></p>\n<p>Taking a broad look at forward price-to-earning valuations for the S&P 1500 Composite Index (made up of the large-cap S&P 500 , the S&P 400 Mid Cap Index <a href=\"https://laohu8.com/S/MID\">$(MID)$</a> and the S&P Small Cap 600 Index ), bank stocks are trading relatively cheaply:</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/75a946082652a25758da307be6e41499\" tg-width=\"700\" tg-height=\"507\" width=\"100%\" height=\"auto\"><span>FACTSET</span></p>\n<p>The S&P 1500 bank industry group trades at a price-to-earnings ratio of 12.6, based on weighted consensus price-to-earnings estimates for the next 12 months among analysts polled by FactSet. The full S&P 1500 Composite Index trades at a forward P/E of 20.5. The average forward P/E for the banks over the past 15 years has been 12.5, while the average forward P/E for the full index has been 15.4.</p>\n<p>So the banks now trade for 61% of the S&P 1500's forward P/E valuation, while they have traded for 81% on average.</p>\n<p>And that is despite the banks' outperformance this year, returning 34%, while the S&P Composite 1500 has returned 20%.</p>\n<p>A coming slowdown of bond purchases by the Federal Reserve is expected to push long-term interest rates higher, which for most banks will mean increased profitability, with wider spreads between rates on loans and those paid on deposits. The market has been anticipating the Fed's change in policy, pushing yields on 10-year U.S. Treasury notes to 1.49% early on Sept. 27 from 1.31% on Sept. 20.</p>\n<p><b>Bank-stock screen -- return on common equity</b></p>\n<p>While Subramanian emphasized small-cap stocks, it seems reasonable to look at all bank stocks and find the ones with the best average returns on common equity. A screen on ROCE can work well within an industry such as banking, because the banks are required to hold minimum levels of capital, including common equity, by regulators. In other industries you may have healthy profitable companies that have negative equity. An example is McDonald's Corp. <a href=\"https://laohu8.com/S/MCD\">$(MCD)$</a>, which had negative total shareholders' equity of $5.8 billion as of June 30.</p>\n<p>It also makes sense to include large banks in our screen because the biggest and most complex U.S. banks are required by regulators to hold more capital than smaller banks. If a big bank make makes the list, so be it: Its ROCE denominator is larger, so it has more of a hill to climb.</p>\n<p>Starting with the Russell 3000 Index, which represents about 98% of U.S. stocks by market capitalization, we identified 229 banks. This includes some companies that are investment banks and/or brokers. The determining factor for a company such as Charles Schwab Corp. <a href=\"https://laohu8.com/S/SCHW\">$(SCHW)$</a>, for example, is whether of not it files a bank or savings and loan holding company report with the Federal Reserve. If it does, it means the company is gathering deposits insured by the FDIC. Schwab does so through its subsidiary, Charles Schwab Bank SSB.</p>\n<p>Looking back over the past 20 reported quarters through June 30, here are the 20 banks with the highest average returns on common equity. The list is limited to U.S. banks for which the data is available from FactSet for all of those quarters.</p>\n<table>\n <tbody>\n <tr>\n <td>Company</td>\n <td>City</td>\n <td>Market cap. ($mil)</td>\n <td>Average ROCE -- 20 quarters</td>\n <td>Total return -- 5 years</td>\n </tr>\n <tr>\n <td>Ameriprise Financial Inc. AMP</td>\n <td>Minneapolis</td>\n <td>$30,871</td>\n <td>27.66%</td>\n <td>208%</td>\n </tr>\n <tr>\n <td>American Express Co. AXP</td>\n <td>New York</td>\n <td>$139,598</td>\n <td>22.95%</td>\n <td>197%</td>\n </tr>\n <tr>\n <td><a href=\"https://laohu8.com/S/MCBS\">MetroCity Bankshares Inc</a>. MCBS</td>\n <td>Doraville, Ga.</td>\n <td>$530</td>\n <td>22.80%</td>\n <td>434%</td>\n </tr>\n <tr>\n <td>Discover Financial Services DFS</td>\n <td>Riverwoods, Ill.</td>\n <td>$38,934</td>\n <td>22.58%</td>\n <td>153%</td>\n </tr>\n <tr>\n <td>ServisFirst Bancshares Inc. SFBS</td>\n <td>Birmingham, Ala.</td>\n <td>$4,176</td>\n <td>18.32%</td>\n <td>216%</td>\n </tr>\n <tr>\n <td><a href=\"https://laohu8.com/S/SYF\">Synchrony Financial</a> SYF</td>\n <td>Stamford, Conn.</td>\n <td>$28,616</td>\n <td>18.07%</td>\n <td>108%</td>\n </tr>\n <tr>\n <td><a href=\"https://laohu8.com/S/AXO\">Axos Financial Inc</a>. AX</td>\n <td>Las Vegas</td>\n <td>$2,769</td>\n <td>16.82%</td>\n <td>108%</td>\n </tr>\n <tr>\n <td><a href=\"https://laohu8.com/S/SIVBO\">SVB Financial Group</a> SIVB</td>\n <td>Santa Clara, Calif.</td>\n <td>$38,129</td>\n <td>16.63%</td>\n <td>493%</td>\n </tr>\n <tr>\n <td><a href=\"https://laohu8.com/S/WAL\">Western Alliance Bancorp</a> WAL</td>\n <td>Phoenix</td>\n <td>$10,740</td>\n <td>16.61%</td>\n <td>188%</td>\n </tr>\n <tr>\n <td>Hingham Institution for Savings HIFS</td>\n <td>Hingham, Mass.</td>\n <td>$738</td>\n <td>16.46%</td>\n <td>168%</td>\n </tr>\n <tr>\n <td>Bank of Hawaii Corp. BOH</td>\n <td>Honolulu</td>\n <td>$3,301</td>\n <td>15.64%</td>\n <td>30%</td>\n </tr>\n <tr>\n <td>Charles Schwab Corp. SCHW</td>\n <td>Austin, Texas</td>\n <td>$136,720</td>\n <td>15.38%</td>\n <td>162%</td>\n </tr>\n <tr>\n <td>Preferred Bank PFBC</td>\n <td>Los Angeles</td>\n <td>$982</td>\n <td>15.33%</td>\n <td>106%</td>\n </tr>\n <tr>\n <td>West Bancorp Inc. WTBA</td>\n <td>West Des Moines, Iowa</td>\n <td>$488</td>\n <td>14.85%</td>\n <td>74%</td>\n </tr>\n <tr>\n <td>Stock Yards Bancorp Inc. SYBT</td>\n <td>Louisville, Ky.</td>\n <td>$1,468</td>\n <td>14.35%</td>\n <td>90%</td>\n </tr>\n <tr>\n <td>Lakeland Financial Corp. LKFN</td>\n <td>Warsaw, Ind.</td>\n <td>$1,691</td>\n <td>14.18%</td>\n <td>110%</td>\n </tr>\n <tr>\n <td>Flagstar Bancorp Inc. FBC</td>\n <td>Troy, Mich.</td>\n <td>$2,647</td>\n <td>14.10%</td>\n <td>83%</td>\n </tr>\n <tr>\n <td>East West Bancorp Inc. EWBC</td>\n <td>Pasadena, Calif.</td>\n <td>$10,669</td>\n <td>14.01%</td>\n <td>127%</td>\n </tr>\n <tr>\n <td>First Financial Bankshares Inc. FFIN</td>\n <td>Abilene, Texas</td>\n <td>$6,402</td>\n <td>13.76%</td>\n <td>165%</td>\n </tr>\n <tr>\n <td>Raymond James Financial Inc. RJF</td>\n <td>St. Petersburg, Fla.</td>\n <td>$19,165</td>\n <td>13.71%</td>\n <td>160%</td>\n </tr>\n <tr>\n <td>Source: FactSet</td>\n <td></td>\n <td></td>\n <td></td>\n <td></td>\n </tr>\n </tbody>\n</table>\n<p>Click on the tickers for more about each bank. The MarketWatch quote page can be an excellent start for your own research. Click here for Tomi Kilgore's new, detailed guide to the wealth of information available for free on the quote page.</p>\n<p>You can see that most of the banks on the list are relatively small, backing Subramanian's preference for small-caps. But American Express Co. made the list, along with Schwab and credit card players Discover Financial Services and Synchrony Financial (SYF).</p>\n<p>The right-most column contains total returns, with dividends reinvested, for the past five years through Sept. 24. In comparison, the S&P 1500 banking industry group returned 124% and the S&P Composite 1500 returned 111% over the same period.</p>\n<p><b>Analysts' price targets</b></p>\n<p>Here's the list again, in the same order, with a summary of analysts' opinions, dividend yields and forward P/E ratios:</p>\n<table>\n <tbody>\n <tr>\n <td>Company</td>\n <td>Share \"buy\" ratings</td>\n <td>Closing price -- Sept. 24</td>\n <td>Consensus price target</td>\n <td>Implied 12-month upside potential</td>\n <td>Dividend yield</td>\n <td>Forward P/E</td>\n </tr>\n <tr>\n <td>Ameriprise Financial Inc. AMP</td>\n <td>77%</td>\n <td>$271.40</td>\n <td>$292.50</td>\n <td>8%</td>\n <td>1.67%</td>\n <td>11.9</td>\n </tr>\n <tr>\n <td>American Express Co. AXP</td>\n <td>45%</td>\n <td>$175.72</td>\n <td>$182.35</td>\n <td>4%</td>\n <td>0.98%</td>\n <td>22.4</td>\n </tr>\n <tr>\n <td>MetroCity Bankshares Inc. MCBS</td>\n <td>0%</td>\n <td>$20.80</td>\n <td>$22.50</td>\n <td>8%</td>\n <td>2.31%</td>\n <td>8.2</td>\n </tr>\n <tr>\n <td>Discover Financial Services DFS</td>\n <td>54%</td>\n <td>$130.01</td>\n <td>$136.22</td>\n <td>5%</td>\n <td>1.54%</td>\n <td>10.4</td>\n </tr>\n <tr>\n <td>ServisFirst Bancshares Inc. SFBS</td>\n <td>0%</td>\n <td>$77.05</td>\n <td>$70.33</td>\n <td>-9%</td>\n <td>1.04%</td>\n <td>20.4</td>\n </tr>\n <tr>\n <td>Synchrony Financial SYF</td>\n <td>77%</td>\n <td>$50.23</td>\n <td>$57.21</td>\n <td>14%</td>\n <td>1.75%</td>\n <td>8.9</td>\n </tr>\n <tr>\n <td><a href=\"https://laohu8.com/S/AX\">Axos Financial Inc</a>. AX</td>\n <td>88%</td>\n <td>$46.65</td>\n <td>$56.00</td>\n <td>20%</td>\n <td>0.00%</td>\n <td>13.0</td>\n </tr>\n <tr>\n <td><a href=\"https://laohu8.com/S/SIVBP\">SVB Financial Group</a> SIVB</td>\n <td>61%</td>\n <td>$649.96</td>\n <td>$671.65</td>\n <td>3%</td>\n <td>0.00%</td>\n <td>26.0</td>\n </tr>\n <tr>\n <td>Western Alliance Bancorp WAL</td>\n <td>92%</td>\n <td>$103.07</td>\n <td>$120.42</td>\n <td>17%</td>\n <td>1.36%</td>\n <td>11.6</td>\n </tr>\n <tr>\n <td>Hingham Institution for Savings HIFS</td>\n <td>N/A</td>\n <td>N/A</td>\n <td>N/A</td>\n <td>N/A</td>\n <td>0.59%</td>\n <td>N/A</td>\n </tr>\n <tr>\n <td>Bank of Hawaii Corp. BOH</td>\n <td>17%</td>\n <td>$81.55</td>\n <td>$90.80</td>\n <td>11%</td>\n <td>3.43%</td>\n <td>15.9</td>\n </tr>\n <tr>\n <td>Charles Schwab Corp. SCHW</td>\n <td>63%</td>\n <td>$75.59</td>\n <td>$83.83</td>\n <td>11%</td>\n <td>0.95%</td>\n <td>23.0</td>\n </tr>\n <tr>\n <td>Preferred Bank PFBC</td>\n <td>50%</td>\n <td>$65.91</td>\n <td>$73.00</td>\n <td>11%</td>\n <td>2.31%</td>\n <td>10.4</td>\n </tr>\n <tr>\n <td>West Bancorp Inc. WTBA</td>\n <td>0%</td>\n <td>$29.48</td>\n <td>$32.00</td>\n <td>9%</td>\n <td>3.26%</td>\n <td>10.8</td>\n </tr>\n <tr>\n <td>Stock Yards Bancorp Inc. SYBT</td>\n <td>25%</td>\n <td>$55.23</td>\n <td>$54.33</td>\n <td>-2%</td>\n <td>2.03%</td>\n <td>17.8</td>\n </tr>\n <tr>\n <td>Lakeland Financial Corp. LKFN</td>\n <td>0%</td>\n <td>$66.83</td>\n <td>$63.67</td>\n <td>-5%</td>\n <td>2.04%</td>\n <td>18.2</td>\n </tr>\n <tr>\n <td>Flagstar Bancorp Inc. FBC</td>\n <td>60%</td>\n <td>$50.08</td>\n <td>$62.75</td>\n <td>25%</td>\n <td>0.48%</td>\n <td>7.8</td>\n </tr>\n <tr>\n <td>East West Bancorp Inc. EWBC</td>\n <td>83%</td>\n <td>$75.20</td>\n <td>$90.91</td>\n <td>21%</td>\n <td>1.76%</td>\n <td>12.6</td>\n </tr>\n <tr>\n <td>First Financial Bankshares Inc. FFIN</td>\n <td>0%</td>\n <td>$44.97</td>\n <td>$45.33</td>\n <td>1%</td>\n <td>1.33%</td>\n <td>30.3</td>\n </tr>\n <tr>\n <td>Raymond James Financial Inc. RJF</td>\n <td>82%</td>\n <td>$93.13</td>\n <td>$106.79</td>\n <td>15%</td>\n <td>1.12%</td>\n <td>14.2</td>\n </tr>\n <tr>\n <td>Source: FactSet</td>\n <td></td>\n <td></td>\n <td></td>\n <td></td>\n <td></td>\n <td></td>\n </tr>\n </tbody>\n</table>\n<p></p>","source":"lsy1603348471595","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Bank stocks are cheap -- here are the 20 best players in the industry</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\">\nBank stocks are cheap -- here are the 20 best players in the industry\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-09-27 22:24 GMT+8 <a href=https://www.marketwatch.com/story/bank-stocks-are-cheap-here-are-the-20-best-players-in-the-industry-11632747882?mod=newsviewer_click><strong>MarketWatch</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Bank stocks have soared during 2021, but are still trading lower than usual to the market as a whole\nBLOOMBERG\nBank stocks have had a good run in 2021, but they still lag behind the broader market's ...</p>\n\n<a href=\"https://www.marketwatch.com/story/bank-stocks-are-cheap-here-are-the-20-best-players-in-the-industry-11632747882?mod=newsviewer_click\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"HCTI":"Healthcare Triangle, Inc.","CRCT":"Cricut, Inc.","AXP":"美国运通","TERN":"Terns Pharmaceuticals, Inc.","FWRG":"First Watch Restaurant Group, Inc.","SCHW":"嘉信理财","DFS":"发现金融","AMP":"阿莫斯莱斯金融","OLPX":"Olaplex Holdings, Inc.","SYF":"Synchrony Financial"},"source_url":"https://www.marketwatch.com/story/bank-stocks-are-cheap-here-are-the-20-best-players-in-the-industry-11632747882?mod=newsviewer_click","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2170930623","content_text":"Bank stocks have soared during 2021, but are still trading lower than usual to the market as a whole\nBLOOMBERG\nBank stocks have had a good run in 2021, but they still lag behind the broader market's recovery since the pandemic doldrums of 2020. And now that the Federal Reserve seems likely to allow interest rates to rise soon, the banks may have an easier time improving their profits.\nBelow is a list of the best-performing U.S. banks over the past five years, based on returns on common equity.\nDuring her recent discussion of stock-market strategy on CNBC, Savita Subramanian, the head of U.S. equity and quantitative strategy at Bank of America, said that small-cap stocks, especially energy and financial companies, were trading at compelling valuations and could give investors \"more earnings yield for the same price.\"\nHere's a recent screen of energy stocks.\nLow valuations\nTaking a broad look at forward price-to-earning valuations for the S&P 1500 Composite Index (made up of the large-cap S&P 500 , the S&P 400 Mid Cap Index $(MID)$ and the S&P Small Cap 600 Index ), bank stocks are trading relatively cheaply:\nFACTSET\nThe S&P 1500 bank industry group trades at a price-to-earnings ratio of 12.6, based on weighted consensus price-to-earnings estimates for the next 12 months among analysts polled by FactSet. The full S&P 1500 Composite Index trades at a forward P/E of 20.5. The average forward P/E for the banks over the past 15 years has been 12.5, while the average forward P/E for the full index has been 15.4.\nSo the banks now trade for 61% of the S&P 1500's forward P/E valuation, while they have traded for 81% on average.\nAnd that is despite the banks' outperformance this year, returning 34%, while the S&P Composite 1500 has returned 20%.\nA coming slowdown of bond purchases by the Federal Reserve is expected to push long-term interest rates higher, which for most banks will mean increased profitability, with wider spreads between rates on loans and those paid on deposits. The market has been anticipating the Fed's change in policy, pushing yields on 10-year U.S. Treasury notes to 1.49% early on Sept. 27 from 1.31% on Sept. 20.\nBank-stock screen -- return on common equity\nWhile Subramanian emphasized small-cap stocks, it seems reasonable to look at all bank stocks and find the ones with the best average returns on common equity. A screen on ROCE can work well within an industry such as banking, because the banks are required to hold minimum levels of capital, including common equity, by regulators. In other industries you may have healthy profitable companies that have negative equity. An example is McDonald's Corp. $(MCD)$, which had negative total shareholders' equity of $5.8 billion as of June 30.\nIt also makes sense to include large banks in our screen because the biggest and most complex U.S. banks are required by regulators to hold more capital than smaller banks. If a big bank make makes the list, so be it: Its ROCE denominator is larger, so it has more of a hill to climb.\nStarting with the Russell 3000 Index, which represents about 98% of U.S. stocks by market capitalization, we identified 229 banks. This includes some companies that are investment banks and/or brokers. The determining factor for a company such as Charles Schwab Corp. $(SCHW)$, for example, is whether of not it files a bank or savings and loan holding company report with the Federal Reserve. If it does, it means the company is gathering deposits insured by the FDIC. Schwab does so through its subsidiary, Charles Schwab Bank SSB.\nLooking back over the past 20 reported quarters through June 30, here are the 20 banks with the highest average returns on common equity. The list is limited to U.S. banks for which the data is available from FactSet for all of those quarters.\n\n\n\nCompany\nCity\nMarket cap. ($mil)\nAverage ROCE -- 20 quarters\nTotal return -- 5 years\n\n\nAmeriprise Financial Inc. AMP\nMinneapolis\n$30,871\n27.66%\n208%\n\n\nAmerican Express Co. AXP\nNew York\n$139,598\n22.95%\n197%\n\n\nMetroCity Bankshares Inc. MCBS\nDoraville, Ga.\n$530\n22.80%\n434%\n\n\nDiscover Financial Services DFS\nRiverwoods, Ill.\n$38,934\n22.58%\n153%\n\n\nServisFirst Bancshares Inc. SFBS\nBirmingham, Ala.\n$4,176\n18.32%\n216%\n\n\nSynchrony Financial SYF\nStamford, Conn.\n$28,616\n18.07%\n108%\n\n\nAxos Financial Inc. AX\nLas Vegas\n$2,769\n16.82%\n108%\n\n\nSVB Financial Group SIVB\nSanta Clara, Calif.\n$38,129\n16.63%\n493%\n\n\nWestern Alliance Bancorp WAL\nPhoenix\n$10,740\n16.61%\n188%\n\n\nHingham Institution for Savings HIFS\nHingham, Mass.\n$738\n16.46%\n168%\n\n\nBank of Hawaii Corp. BOH\nHonolulu\n$3,301\n15.64%\n30%\n\n\nCharles Schwab Corp. SCHW\nAustin, Texas\n$136,720\n15.38%\n162%\n\n\nPreferred Bank PFBC\nLos Angeles\n$982\n15.33%\n106%\n\n\nWest Bancorp Inc. WTBA\nWest Des Moines, Iowa\n$488\n14.85%\n74%\n\n\nStock Yards Bancorp Inc. SYBT\nLouisville, Ky.\n$1,468\n14.35%\n90%\n\n\nLakeland Financial Corp. LKFN\nWarsaw, Ind.\n$1,691\n14.18%\n110%\n\n\nFlagstar Bancorp Inc. FBC\nTroy, Mich.\n$2,647\n14.10%\n83%\n\n\nEast West Bancorp Inc. EWBC\nPasadena, Calif.\n$10,669\n14.01%\n127%\n\n\nFirst Financial Bankshares Inc. FFIN\nAbilene, Texas\n$6,402\n13.76%\n165%\n\n\nRaymond James Financial Inc. RJF\nSt. Petersburg, Fla.\n$19,165\n13.71%\n160%\n\n\nSource: FactSet\n\n\n\n\n\n\n\nClick on the tickers for more about each bank. The MarketWatch quote page can be an excellent start for your own research. Click here for Tomi Kilgore's new, detailed guide to the wealth of information available for free on the quote page.\nYou can see that most of the banks on the list are relatively small, backing Subramanian's preference for small-caps. But American Express Co. made the list, along with Schwab and credit card players Discover Financial Services and Synchrony Financial (SYF).\nThe right-most column contains total returns, with dividends reinvested, for the past five years through Sept. 24. In comparison, the S&P 1500 banking industry group returned 124% and the S&P Composite 1500 returned 111% over the same period.\nAnalysts' price targets\nHere's the list again, in the same order, with a summary of analysts' opinions, dividend yields and forward P/E ratios:\n\n\n\nCompany\nShare \"buy\" ratings\nClosing price -- Sept. 24\nConsensus price target\nImplied 12-month upside potential\nDividend yield\nForward P/E\n\n\nAmeriprise Financial Inc. AMP\n77%\n$271.40\n$292.50\n8%\n1.67%\n11.9\n\n\nAmerican Express Co. AXP\n45%\n$175.72\n$182.35\n4%\n0.98%\n22.4\n\n\nMetroCity Bankshares Inc. MCBS\n0%\n$20.80\n$22.50\n8%\n2.31%\n8.2\n\n\nDiscover Financial Services DFS\n54%\n$130.01\n$136.22\n5%\n1.54%\n10.4\n\n\nServisFirst Bancshares Inc. SFBS\n0%\n$77.05\n$70.33\n-9%\n1.04%\n20.4\n\n\nSynchrony Financial SYF\n77%\n$50.23\n$57.21\n14%\n1.75%\n8.9\n\n\nAxos Financial Inc. AX\n88%\n$46.65\n$56.00\n20%\n0.00%\n13.0\n\n\nSVB Financial Group SIVB\n61%\n$649.96\n$671.65\n3%\n0.00%\n26.0\n\n\nWestern Alliance Bancorp WAL\n92%\n$103.07\n$120.42\n17%\n1.36%\n11.6\n\n\nHingham Institution for Savings HIFS\nN/A\nN/A\nN/A\nN/A\n0.59%\nN/A\n\n\nBank of Hawaii Corp. BOH\n17%\n$81.55\n$90.80\n11%\n3.43%\n15.9\n\n\nCharles Schwab Corp. SCHW\n63%\n$75.59\n$83.83\n11%\n0.95%\n23.0\n\n\nPreferred Bank PFBC\n50%\n$65.91\n$73.00\n11%\n2.31%\n10.4\n\n\nWest Bancorp Inc. WTBA\n0%\n$29.48\n$32.00\n9%\n3.26%\n10.8\n\n\nStock Yards Bancorp Inc. SYBT\n25%\n$55.23\n$54.33\n-2%\n2.03%\n17.8\n\n\nLakeland Financial Corp. LKFN\n0%\n$66.83\n$63.67\n-5%\n2.04%\n18.2\n\n\nFlagstar Bancorp Inc. FBC\n60%\n$50.08\n$62.75\n25%\n0.48%\n7.8\n\n\nEast West Bancorp Inc. EWBC\n83%\n$75.20\n$90.91\n21%\n1.76%\n12.6\n\n\nFirst Financial Bankshares Inc. FFIN\n0%\n$44.97\n$45.33\n1%\n1.33%\n30.3\n\n\nRaymond James Financial Inc. RJF\n82%\n$93.13\n$106.79\n15%\n1.12%\n14.2\n\n\nSource: FactSet","news_type":1},"isVote":1,"tweetType":1,"viewCount":117,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":823248986,"gmtCreate":1633644629221,"gmtModify":1633644629491,"author":{"id":"3576365323629443","authorId":"3576365323629443","name":"RajeshY","avatar":"https://static.tigerbbs.com/af58f71bc73644abaf9df97f802ebd97","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/VALE\">$Vale SA(VALE)$</a>being patient","listText":"<a href=\"https://laohu8.com/S/VALE\">$Vale SA(VALE)$</a>being patient","text":"$Vale SA(VALE)$being patient","images":[{"img":"https://static.tigerbbs.com/abb51821dcbdfc4152ac3fb0816d4023","width":"1080","height":"1920"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/823248986","isVote":1,"tweetType":1,"viewCount":123,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"CN","totalScore":0},{"id":823242616,"gmtCreate":1633644779533,"gmtModify":1633644779724,"author":{"id":"3576365323629443","authorId":"3576365323629443","name":"RajeshY","avatar":"https://static.tigerbbs.com/af58f71bc73644abaf9df97f802ebd97","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"Great","listText":"Great","text":"Great","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/823242616","repostId":"1170144488","repostType":4,"repost":{"id":"1170144488","weMediaInfo":{"introduction":"Providing stock market headlines, business news, financials and earnings ","home_visible":1,"media_name":"Tiger Newspress","id":"1079075236","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"pubTimestamp":1633614175,"share":"https://www.laohu8.com/m/news/1170144488?lang=&edition=full","pubTime":"2021-10-07 21:42","market":"other","language":"en","title":"China tech names rally in morning trading","url":"https://stock-news.laohu8.com/highlight/detail?id=1170144488","media":"Tiger Newspress","summary":"(Oct 7) China tech names rally in morning trading.\n\nChinese technology stocks listed in the U.S. are","content":"<p>(Oct 7) China tech names rally in morning trading.</p>\n<p><img src=\"https://static.tigerbbs.com/82f43fe405c7a1e296adb418a0267dda\" tg-width=\"343\" tg-height=\"843\" referrerpolicy=\"no-referrer\"></p>\n<p>Chinese technology stocks listed in the U.S. are signaling a third day of gains in moring trading after peers in Asia rallied on improved risk appetite.</p>\n<p>Shares in Pinduoduo Inc. rose 4.6% as of 9:44 a.m. in New York, while Alibaba Group Holding Ltd. climbed 5.67%. Other technology shares including Baidu Inc., Bilibili Inc. and DiDi Global Inc. were among American depositary receipts rising.</p>\n<p>Chinese technology stocks rebounded from a record low in Hong Kong on Thursday amid signs of renewed interest in one of China’s biggest tech names. Charlie Munger’s Daily Journal Corp. was reported to have increased its Alibaba stake by 83% last quarter.</p>\n<p><img src=\"https://static.tigerbbs.com/21da2b3e7cd8ae63e949304ad3076747\" tg-width=\"1200\" tg-height=\"675\" referrerpolicy=\"no-referrer\">The Nasdaq Golden Dragon China Index -- which tracks several firms listed in the U.S. that conduct a majority of their business in China -- has also climbed for the past two days. Yet despite this week’s brief respite, the gauge remains deeply in the red year-to-date, having fallen 35%.</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>China tech names rally in morning trading</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\">\nChina tech names rally in morning trading\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time\">2021-10-07 21:42</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>(Oct 7) China tech names rally in morning trading.</p>\n<p><img src=\"https://static.tigerbbs.com/82f43fe405c7a1e296adb418a0267dda\" tg-width=\"343\" tg-height=\"843\" referrerpolicy=\"no-referrer\"></p>\n<p>Chinese technology stocks listed in the U.S. are signaling a third day of gains in moring trading after peers in Asia rallied on improved risk appetite.</p>\n<p>Shares in Pinduoduo Inc. rose 4.6% as of 9:44 a.m. in New York, while Alibaba Group Holding Ltd. climbed 5.67%. Other technology shares including Baidu Inc., Bilibili Inc. and DiDi Global Inc. were among American depositary receipts rising.</p>\n<p>Chinese technology stocks rebounded from a record low in Hong Kong on Thursday amid signs of renewed interest in one of China’s biggest tech names. Charlie Munger’s Daily Journal Corp. was reported to have increased its Alibaba stake by 83% last quarter.</p>\n<p><img src=\"https://static.tigerbbs.com/21da2b3e7cd8ae63e949304ad3076747\" tg-width=\"1200\" tg-height=\"675\" referrerpolicy=\"no-referrer\">The Nasdaq Golden Dragon China Index -- which tracks several firms listed in the U.S. that conduct a majority of their business in China -- has also climbed for the past two days. Yet despite this week’s brief respite, the gauge remains deeply in the red year-to-date, having fallen 35%.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1170144488","content_text":"(Oct 7) China tech names rally in morning trading.\n\nChinese technology stocks listed in the U.S. are signaling a third day of gains in moring trading after peers in Asia rallied on improved risk appetite.\nShares in Pinduoduo Inc. rose 4.6% as of 9:44 a.m. in New York, while Alibaba Group Holding Ltd. climbed 5.67%. Other technology shares including Baidu Inc., Bilibili Inc. and DiDi Global Inc. were among American depositary receipts rising.\nChinese technology stocks rebounded from a record low in Hong Kong on Thursday amid signs of renewed interest in one of China’s biggest tech names. Charlie Munger’s Daily Journal Corp. was reported to have increased its Alibaba stake by 83% last quarter.\nThe Nasdaq Golden Dragon China Index -- which tracks several firms listed in the U.S. that conduct a majority of their business in China -- has also climbed for the past two days. Yet despite this week’s brief respite, the gauge remains deeply in the red year-to-date, having fallen 35%.","news_type":1},"isVote":1,"tweetType":1,"viewCount":200,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":823246073,"gmtCreate":1633644689807,"gmtModify":1633644689964,"author":{"id":"3576365323629443","authorId":"3576365323629443","name":"RajeshY","avatar":"https://static.tigerbbs.com/af58f71bc73644abaf9df97f802ebd97","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"Nice","listText":"Nice","text":"Nice","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/823246073","repostId":"2173944807","repostType":4,"isVote":1,"tweetType":1,"viewCount":81,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":866724937,"gmtCreate":1632808909229,"gmtModify":1632808909329,"author":{"id":"3576365323629443","authorId":"3576365323629443","name":"RajeshY","avatar":"https://static.tigerbbs.com/af58f71bc73644abaf9df97f802ebd97","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"Good","listText":"Good","text":"Good","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/866724937","repostId":"2170582624","repostType":4,"repost":{"id":"2170582624","weMediaInfo":{"introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"media_name":"Dow Jones","id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"pubTimestamp":1632799440,"share":"https://www.laohu8.com/m/news/2170582624?lang=&edition=full","pubTime":"2021-09-28 11:24","market":"us","language":"en","title":"What happens if the U.S. defaults on its debt?","url":"https://stock-news.laohu8.com/highlight/detail?id=2170582624","media":"Dow Jones","summary":"Treasury's systems simply may not know how to handle a default.\n\nAs Washington teeters closer to a p","content":"<blockquote>\n Treasury's systems simply may not know how to handle a default.\n</blockquote>\n<p>As Washington teeters closer to a possible government shutdown at midnight Thursday, here's why the status of the nation's debt ceiling may ignite more worry in financial markets.</p>\n<p>September 30 marks the end of the federal government's fiscal year, and the deadline for Congress to pass a funding measure. The debt ceiling, which is the amount of money lawmakers authorize the Treasury Department to borrow, must be suspended or raised by mid-October, or the United States likely will default on its debt.</p>\n<p>It's important to note that no <a href=\"https://laohu8.com/S/AONE.U\">one</a> knows precisely when the U.S. Treasury will run out of money to pay its bills, including bondholders, let alone what would happen next. U.S. sovereign debt generally has been considered the safest and most liquid to own in the world, and all kinds of financial markets products and processes have been pegged to the orderly functioning of the near $21 trillion Treasury market.</p>\n<p>Still, after a couple of topsy-turvy years in which the previously unthinkable became real, some Washington and Wall Street professionals have been girding for a worst-case scenario.</p>\n<p>\"I see it as an exceedingly slim chance, although with all the theatrics, the possibility has been ramped up,\" said Ben Koltun, director of research for DC-based Beacon Policy Advisors. \"If it does happen, it turns a manufactured political crisis into an economic crisis. The full faith and credit of the US would no longer be full.\"</p>\n<p>The stalemate on Capitol Hill right now is over a $3.5 trillion spending package.</p>\n<p><b>Will the U.S. run out of money?</b></p>\n<p>In a research note published September 22, Barclays analyst Joseph Abate noted there's additional uncertainty over the debt ceiling now because it coincides with a funding package Congress needs to pass. What's more, changes brought by the pandemic have made it far more difficult to assess the state of the Treasury Department's expected payouts and inflows.</p>\n<p>Barclays' best guess for \"X date,\" or when Treasury will run out of money to pay bills, is October 29, but, Abate wrote, \"the confidence interval around the X date is likely to remain fairly wide.\" Moody's Analytics Chief Economist Mark Zandi has pegged the fateful day at October 20, while Beacon's Koltun thinks markets will start to get antsy in mid-October.</p>\n<p>The very idea of a U.S. default remains so incongruous that the reaction in financial markets isn't the only unknown. The current showdown in Washington also has raised big questions about the financial-systems infrastructure. It's a bit like Y2K -- no one knows how the computers will respond.</p>\n<p>\"We do not believe and the market does not believe it's a likely scenario,\" said Rob Toomey, SIFMA managing director, capital markets and associate general counsel. \"But it would be a real problem scenario for the system generally and operations and settlement specifically.\"</p>\n<p><b>Plumbing problems</b></p>\n<p>SIFMA, the Securities Industry and Financial Markets Association, is the industry association that deals with the mechanics of how securities like sovereign bonds trade and settle. The group has worked with financial infrastructure providers including Fedwire and FICC to try to devise some sort of playbook. For now, there are two possible scenarios:</p>\n<p>If the Treasury Department knows that it will miss a payment, it would ideally announce that at least a day in advance. That would allow the maturity dates of the bonds in question to be changed: a Monday maturity date would be changed to Tuesday, a Tuesday maturity would be changed to Wednesday, and so on. These revisions would happen day by day.</p>\n<p>While that sounds relatively orderly, it still leaves many unknowns. For one thing, it could bifurcate the market for Treasury bonds and bills into those that are clearing normally and those whose maturity dates are being massaged, SIFMA told MarketWatch. That means a great deal of uncertainty around pricing and what it means for all the downstream securities pegged to Treasury rates.</p>\n<p>In a second scenario, which SIFMA said would be very remote, Treasury cannot, or does not, give any advance warning of a failure to make a payment, and it just happens. That would be far more chaotic, \"a real problem scenario,\" as SIFMA says.</p>\n<p>Strangely, the securities in question would probably simply disappear from the system. That's because if a bond is supposed to mature -- and be paid -- on a particular day, the system assumes it has been. \"It just illustrates the fact that the system wasn't designed for this,\" SIFMA notes.</p>\n<p>If that happens, there would be a holder of record for the debt on the day before the maturity was scheduled, who would be entitled to get paid. However, it's also likely that Treasury might pay some additional interest to make the bondholder whole.</p>\n<p>Many analysts, Zandi included, think it's highly likely that some sort of financial market freak-out -- think of the day in 2008 when Congress initially failed to pass the Troubled Asset Relief Program legislation meant to address the financial crisis -- would stop any of the scenarios SIFMA envisions before they happen, or a few minutes after midnight on the day they will.</p>\n<p>But as Koltun put it, \"Even if it's just for a moment, the credibility that's lost, could be a permanent hike in Treasury rates and that has cascading effects on financial markets across the world. Each time the game of political chicken ends before there's an actual default. If it actually happens, it becomes, this is real, and that fundamentally shakes the core of the full faith and credit pledge.\"</p>\n<p>The \"game of chicken\" also may already be denting the economy. The last two times Congress came close to not raising the debt limit, in 2011 and 2013, Moody's Analytics found, \"heightened uncertainty at the time reduced business investment and hiring and weighed heavily on GDP growth. If not for this uncertainty, by mid-2015, real GDP would have been $180 billion, or more than 1%, higher; there would have been 1.2 million more jobs; and the unemployment rate would have been0.7 percentage point lower.\"</p>\n<p>Uncertainty rippling through the Treasury market in 2013 cost taxpayers anywhere from $40 million to $70 million, Barclay's reckons.</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>What happens if the U.S. defaults on its debt?</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\">\nWhat happens if the U.S. defaults on its debt?\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Dow Jones </p>\n<p class=\"h-time\">2021-09-28 11:24</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<blockquote>\n Treasury's systems simply may not know how to handle a default.\n</blockquote>\n<p>As Washington teeters closer to a possible government shutdown at midnight Thursday, here's why the status of the nation's debt ceiling may ignite more worry in financial markets.</p>\n<p>September 30 marks the end of the federal government's fiscal year, and the deadline for Congress to pass a funding measure. The debt ceiling, which is the amount of money lawmakers authorize the Treasury Department to borrow, must be suspended or raised by mid-October, or the United States likely will default on its debt.</p>\n<p>It's important to note that no <a href=\"https://laohu8.com/S/AONE.U\">one</a> knows precisely when the U.S. Treasury will run out of money to pay its bills, including bondholders, let alone what would happen next. U.S. sovereign debt generally has been considered the safest and most liquid to own in the world, and all kinds of financial markets products and processes have been pegged to the orderly functioning of the near $21 trillion Treasury market.</p>\n<p>Still, after a couple of topsy-turvy years in which the previously unthinkable became real, some Washington and Wall Street professionals have been girding for a worst-case scenario.</p>\n<p>\"I see it as an exceedingly slim chance, although with all the theatrics, the possibility has been ramped up,\" said Ben Koltun, director of research for DC-based Beacon Policy Advisors. \"If it does happen, it turns a manufactured political crisis into an economic crisis. The full faith and credit of the US would no longer be full.\"</p>\n<p>The stalemate on Capitol Hill right now is over a $3.5 trillion spending package.</p>\n<p><b>Will the U.S. run out of money?</b></p>\n<p>In a research note published September 22, Barclays analyst Joseph Abate noted there's additional uncertainty over the debt ceiling now because it coincides with a funding package Congress needs to pass. What's more, changes brought by the pandemic have made it far more difficult to assess the state of the Treasury Department's expected payouts and inflows.</p>\n<p>Barclays' best guess for \"X date,\" or when Treasury will run out of money to pay bills, is October 29, but, Abate wrote, \"the confidence interval around the X date is likely to remain fairly wide.\" Moody's Analytics Chief Economist Mark Zandi has pegged the fateful day at October 20, while Beacon's Koltun thinks markets will start to get antsy in mid-October.</p>\n<p>The very idea of a U.S. default remains so incongruous that the reaction in financial markets isn't the only unknown. The current showdown in Washington also has raised big questions about the financial-systems infrastructure. It's a bit like Y2K -- no one knows how the computers will respond.</p>\n<p>\"We do not believe and the market does not believe it's a likely scenario,\" said Rob Toomey, SIFMA managing director, capital markets and associate general counsel. \"But it would be a real problem scenario for the system generally and operations and settlement specifically.\"</p>\n<p><b>Plumbing problems</b></p>\n<p>SIFMA, the Securities Industry and Financial Markets Association, is the industry association that deals with the mechanics of how securities like sovereign bonds trade and settle. The group has worked with financial infrastructure providers including Fedwire and FICC to try to devise some sort of playbook. For now, there are two possible scenarios:</p>\n<p>If the Treasury Department knows that it will miss a payment, it would ideally announce that at least a day in advance. That would allow the maturity dates of the bonds in question to be changed: a Monday maturity date would be changed to Tuesday, a Tuesday maturity would be changed to Wednesday, and so on. These revisions would happen day by day.</p>\n<p>While that sounds relatively orderly, it still leaves many unknowns. For one thing, it could bifurcate the market for Treasury bonds and bills into those that are clearing normally and those whose maturity dates are being massaged, SIFMA told MarketWatch. That means a great deal of uncertainty around pricing and what it means for all the downstream securities pegged to Treasury rates.</p>\n<p>In a second scenario, which SIFMA said would be very remote, Treasury cannot, or does not, give any advance warning of a failure to make a payment, and it just happens. That would be far more chaotic, \"a real problem scenario,\" as SIFMA says.</p>\n<p>Strangely, the securities in question would probably simply disappear from the system. That's because if a bond is supposed to mature -- and be paid -- on a particular day, the system assumes it has been. \"It just illustrates the fact that the system wasn't designed for this,\" SIFMA notes.</p>\n<p>If that happens, there would be a holder of record for the debt on the day before the maturity was scheduled, who would be entitled to get paid. However, it's also likely that Treasury might pay some additional interest to make the bondholder whole.</p>\n<p>Many analysts, Zandi included, think it's highly likely that some sort of financial market freak-out -- think of the day in 2008 when Congress initially failed to pass the Troubled Asset Relief Program legislation meant to address the financial crisis -- would stop any of the scenarios SIFMA envisions before they happen, or a few minutes after midnight on the day they will.</p>\n<p>But as Koltun put it, \"Even if it's just for a moment, the credibility that's lost, could be a permanent hike in Treasury rates and that has cascading effects on financial markets across the world. Each time the game of political chicken ends before there's an actual default. If it actually happens, it becomes, this is real, and that fundamentally shakes the core of the full faith and credit pledge.\"</p>\n<p>The \"game of chicken\" also may already be denting the economy. The last two times Congress came close to not raising the debt limit, in 2011 and 2013, Moody's Analytics found, \"heightened uncertainty at the time reduced business investment and hiring and weighed heavily on GDP growth. If not for this uncertainty, by mid-2015, real GDP would have been $180 billion, or more than 1%, higher; there would have been 1.2 million more jobs; and the unemployment rate would have been0.7 percentage point lower.\"</p>\n<p>Uncertainty rippling through the Treasury market in 2013 cost taxpayers anywhere from $40 million to $70 million, Barclay's reckons.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".IXIC":"NASDAQ Composite",".DJI":"道琼斯",".SPX":"S&P 500 Index","SPY":"标普500ETF"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2170582624","content_text":"Treasury's systems simply may not know how to handle a default.\n\nAs Washington teeters closer to a possible government shutdown at midnight Thursday, here's why the status of the nation's debt ceiling may ignite more worry in financial markets.\nSeptember 30 marks the end of the federal government's fiscal year, and the deadline for Congress to pass a funding measure. The debt ceiling, which is the amount of money lawmakers authorize the Treasury Department to borrow, must be suspended or raised by mid-October, or the United States likely will default on its debt.\nIt's important to note that no one knows precisely when the U.S. Treasury will run out of money to pay its bills, including bondholders, let alone what would happen next. U.S. sovereign debt generally has been considered the safest and most liquid to own in the world, and all kinds of financial markets products and processes have been pegged to the orderly functioning of the near $21 trillion Treasury market.\nStill, after a couple of topsy-turvy years in which the previously unthinkable became real, some Washington and Wall Street professionals have been girding for a worst-case scenario.\n\"I see it as an exceedingly slim chance, although with all the theatrics, the possibility has been ramped up,\" said Ben Koltun, director of research for DC-based Beacon Policy Advisors. \"If it does happen, it turns a manufactured political crisis into an economic crisis. The full faith and credit of the US would no longer be full.\"\nThe stalemate on Capitol Hill right now is over a $3.5 trillion spending package.\nWill the U.S. run out of money?\nIn a research note published September 22, Barclays analyst Joseph Abate noted there's additional uncertainty over the debt ceiling now because it coincides with a funding package Congress needs to pass. What's more, changes brought by the pandemic have made it far more difficult to assess the state of the Treasury Department's expected payouts and inflows.\nBarclays' best guess for \"X date,\" or when Treasury will run out of money to pay bills, is October 29, but, Abate wrote, \"the confidence interval around the X date is likely to remain fairly wide.\" Moody's Analytics Chief Economist Mark Zandi has pegged the fateful day at October 20, while Beacon's Koltun thinks markets will start to get antsy in mid-October.\nThe very idea of a U.S. default remains so incongruous that the reaction in financial markets isn't the only unknown. The current showdown in Washington also has raised big questions about the financial-systems infrastructure. It's a bit like Y2K -- no one knows how the computers will respond.\n\"We do not believe and the market does not believe it's a likely scenario,\" said Rob Toomey, SIFMA managing director, capital markets and associate general counsel. \"But it would be a real problem scenario for the system generally and operations and settlement specifically.\"\nPlumbing problems\nSIFMA, the Securities Industry and Financial Markets Association, is the industry association that deals with the mechanics of how securities like sovereign bonds trade and settle. The group has worked with financial infrastructure providers including Fedwire and FICC to try to devise some sort of playbook. For now, there are two possible scenarios:\nIf the Treasury Department knows that it will miss a payment, it would ideally announce that at least a day in advance. That would allow the maturity dates of the bonds in question to be changed: a Monday maturity date would be changed to Tuesday, a Tuesday maturity would be changed to Wednesday, and so on. These revisions would happen day by day.\nWhile that sounds relatively orderly, it still leaves many unknowns. For one thing, it could bifurcate the market for Treasury bonds and bills into those that are clearing normally and those whose maturity dates are being massaged, SIFMA told MarketWatch. That means a great deal of uncertainty around pricing and what it means for all the downstream securities pegged to Treasury rates.\nIn a second scenario, which SIFMA said would be very remote, Treasury cannot, or does not, give any advance warning of a failure to make a payment, and it just happens. That would be far more chaotic, \"a real problem scenario,\" as SIFMA says.\nStrangely, the securities in question would probably simply disappear from the system. That's because if a bond is supposed to mature -- and be paid -- on a particular day, the system assumes it has been. \"It just illustrates the fact that the system wasn't designed for this,\" SIFMA notes.\nIf that happens, there would be a holder of record for the debt on the day before the maturity was scheduled, who would be entitled to get paid. However, it's also likely that Treasury might pay some additional interest to make the bondholder whole.\nMany analysts, Zandi included, think it's highly likely that some sort of financial market freak-out -- think of the day in 2008 when Congress initially failed to pass the Troubled Asset Relief Program legislation meant to address the financial crisis -- would stop any of the scenarios SIFMA envisions before they happen, or a few minutes after midnight on the day they will.\nBut as Koltun put it, \"Even if it's just for a moment, the credibility that's lost, could be a permanent hike in Treasury rates and that has cascading effects on financial markets across the world. Each time the game of political chicken ends before there's an actual default. If it actually happens, it becomes, this is real, and that fundamentally shakes the core of the full faith and credit pledge.\"\nThe \"game of chicken\" also may already be denting the economy. The last two times Congress came close to not raising the debt limit, in 2011 and 2013, Moody's Analytics found, \"heightened uncertainty at the time reduced business investment and hiring and weighed heavily on GDP growth. If not for this uncertainty, by mid-2015, real GDP would have been $180 billion, or more than 1%, higher; there would have been 1.2 million more jobs; and the unemployment rate would have been0.7 percentage point lower.\"\nUncertainty rippling through the Treasury market in 2013 cost taxpayers anywhere from $40 million to $70 million, Barclay's reckons.","news_type":1},"isVote":1,"tweetType":1,"viewCount":4,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":866725634,"gmtCreate":1632808846028,"gmtModify":1632808846131,"author":{"id":"3576365323629443","authorId":"3576365323629443","name":"RajeshY","avatar":"https://static.tigerbbs.com/af58f71bc73644abaf9df97f802ebd97","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"Yes","listText":"Yes","text":"Yes","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/866725634","repostId":"1108554895","repostType":4,"repost":{"id":"1108554895","pubTimestamp":1632806131,"share":"https://www.laohu8.com/m/news/1108554895?lang=&edition=full","pubTime":"2021-09-28 13:15","market":"sg","language":"en","title":"Brokers' take: DBS says oil proxies should remain in favour; raises price estimates","url":"https://stock-news.laohu8.com/highlight/detail?id=1108554895","media":"The Business Times","summary":"DBS Group Research on Tuesday raised its oil price forecasts for the next few quarters in anticipati","content":"<div>\n<p>DBS Group Research on Tuesday raised its oil price forecasts for the next few quarters in anticipation of higher oil demand in the coming winter months due to a switch from gas for heating purposes.\n...</p>\n\n<a href=\"https://www.businesstimes.com.sg/companies-markets/brokers-take-dbs-says-oil-proxies-should-remain-in-favour-raises-price-estimates\">Web Link</a>\n\n</div>\n","source":"bustime_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>Brokers' take: DBS says oil proxies should remain in favour; raises price estimates</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\">\nBrokers' take: DBS says oil proxies should remain in favour; raises price estimates\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-09-28 13:15 GMT+8 <a href=https://www.businesstimes.com.sg/companies-markets/brokers-take-dbs-says-oil-proxies-should-remain-in-favour-raises-price-estimates><strong>The Business Times</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>DBS Group Research on Tuesday raised its oil price forecasts for the next few quarters in anticipation of higher oil demand in the coming winter months due to a switch from gas for heating purposes.\n...</p>\n\n<a href=\"https://www.businesstimes.com.sg/companies-markets/brokers-take-dbs-says-oil-proxies-should-remain-in-favour-raises-price-estimates\">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.businesstimes.com.sg/companies-markets/brokers-take-dbs-says-oil-proxies-should-remain-in-favour-raises-price-estimates","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1108554895","content_text":"DBS Group Research on Tuesday raised its oil price forecasts for the next few quarters in anticipation of higher oil demand in the coming winter months due to a switch from gas for heating purposes.\nThe research team's 2021 Brent crude average price forecast now stands at US$67-72 per barrel (bbl) from US$65-70/bbl previously, while its 2022 forecast rises to US$70-75/bbl from US$67-72/bbl earlier.\nIt noted in a sector report that unlike other commodity markets like metals, the oil markets are \"looking well beyond China concerns\". They remain well supported by demand from other parts of the world, with global oil inventories well below five-year average levels and falling persistently month on month.\nOn the supply side, there are limited concerns as internal disagreements within Opec (Organization of the Petroleum Exporting Countries) have been sorted out. Hurricane-linked supply outages from the US Gulf of Mexico have also provided further support in the near term.\nThus, oil proxies should remain in favour, with DBS's top picks being China's CNOOC and Thailand's PTT Exploration & Production (PTTEP).\nShares of Hong Kong-listed CNOOC were trading 2.5 per cent or HK$0.21 higher at HK$8.69 as at 11.42am, while shares of PTTEP were trading 1.7 per cent or two baht higher at 119 baht as at 10.34am.\n\"Oil and gas upstream plays have lagged the oil price recovery and stock prices are generally still lower than the early 2020 highs despite a rosier oil price outlook currently,\" DBS 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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":1632805198,"share":"https://www.laohu8.com/m/news/2170675262?lang=&edition=full","pubTime":"2021-09-28 12:59","market":"sh","language":"en","title":"China's yuan inches up, worries over economic recovery cap gains","url":"https://stock-news.laohu8.com/highlight/detail?id=2170675262","media":"Reuters","summary":"SHANGHAI, Sept 28 (Reuters) - Helped by a firmer daily fixing, the yuan strengthened marginally agai","content":"<p>SHANGHAI, Sept 28 (Reuters) - Helped by a firmer daily fixing, the yuan strengthened marginally against the dollar on Tuesday, although several investment banks cut economic growth forecasts for China.</p>\n<p>Goldman Sachs said in a note that it had lowered its 2021 growth forecast for China to 7.8% from 8.2%, as energy shortages and deep industrial output cuts add \"significant downside pressures\".</p>\n<p>The People's Bank of China (PBOC) also changed the wording in a statement after its latest quarterly monetary policy committee meeting to remove a reference to \"stable and consolidating growth\" contained in the previous statement.</p>\n<p>\"The PBOC downgraded its assessment to China growth outlook,\" said Ken Cheung, chief Asian FX strategist at Mizuho Bank in Hong Kong.</p>\n<p>\"In our view, the PBOC is paying more attention to maintain the stable growth of credit expansion as well as its effectiveness to support the real economy.\"</p>\n<p>Prior to market opening, the PBOC set the midpoint rate at 6.4608 per dollar, 87 pips or 0.13% firmer than the previous fix of 6.4695.</p>\n<p>The spot market opened at 6.4596 per dollar and was changing hands at 6.4556 at midday, 14 pips firmer than the previous late session close.</p>\n<p>Doubts over the economy's post-pandemic recovery eclipsed any optimism over an improvement in Sino-U.S. relations that investors were able to draw from the release of Huawei Technologies Co's Chief Financial Officer Meng Wanzhou, who returned to China over the weekend, following more than 1,000 days under house arrest in Canada.</p>\n<p>Separately, U.S. yields have been pulled higher by a hawkish shift at the Federal Reserve, with the benchmark 10-year Treasury yields touching a three-month high of 1.516% overnight, raising speculation that the it could lead to capital outflows from China, as investors seek higher returns.</p>\n<p>\"RMB was expected to remain resilient in the face of rising UST yields as the currency remains in the sweet spot of carry advantage and stable macro fundamentals relative to other EM peers,\" analysts at Maybank said in a note.</p>\n<p>By midday, the global dollar index rose to 93.453 from the previous close of 93.411, while the offshore yuan was trading at 6.459 per dollar.</p>\n<p>(Reporting by Winni Zhou and Andrew Galbraith; Editing by Simon Cameron-Moore)</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>China's yuan inches up, worries over economic recovery cap gains</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{ 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}\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\">\nChina's yuan inches up, worries over economic recovery cap gains\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\">2021-09-28 12:59</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>SHANGHAI, Sept 28 (Reuters) - Helped by a firmer daily fixing, the yuan strengthened marginally against the dollar on Tuesday, although several investment banks cut economic growth forecasts for China.</p>\n<p>Goldman Sachs said in a note that it had lowered its 2021 growth forecast for China to 7.8% from 8.2%, as energy shortages and deep industrial output cuts add \"significant downside pressures\".</p>\n<p>The People's Bank of China (PBOC) also changed the wording in a statement after its latest quarterly monetary policy committee meeting to remove a reference to \"stable and consolidating growth\" contained in the previous statement.</p>\n<p>\"The PBOC downgraded its assessment to China growth outlook,\" said Ken Cheung, chief Asian FX strategist at Mizuho Bank in Hong Kong.</p>\n<p>\"In our view, the PBOC is paying more attention to maintain the stable growth of credit expansion as well as its effectiveness to support the real economy.\"</p>\n<p>Prior to market opening, the PBOC set the midpoint rate at 6.4608 per dollar, 87 pips or 0.13% firmer than the previous fix of 6.4695.</p>\n<p>The spot market opened at 6.4596 per dollar and was changing hands at 6.4556 at midday, 14 pips firmer than the previous late session close.</p>\n<p>Doubts over the economy's post-pandemic recovery eclipsed any optimism over an improvement in Sino-U.S. relations that investors were able to draw from the release of Huawei Technologies Co's Chief Financial Officer Meng Wanzhou, who returned to China over the weekend, following more than 1,000 days under house arrest in Canada.</p>\n<p>Separately, U.S. yields have been pulled higher by a hawkish shift at the Federal Reserve, with the benchmark 10-year Treasury yields touching a three-month high of 1.516% overnight, raising speculation that the it could lead to capital outflows from China, as investors seek higher returns.</p>\n<p>\"RMB was expected to remain resilient in the face of rising UST yields as the currency remains in the sweet spot of carry advantage and stable macro fundamentals relative to other EM peers,\" analysts at Maybank said in a note.</p>\n<p>By midday, the global dollar index rose to 93.453 from the previous close of 93.411, while the offshore yuan was trading at 6.459 per dollar.</p>\n<p>(Reporting by Winni Zhou and Andrew Galbraith; Editing by Simon Cameron-Moore)</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"CYB":"人民币ETF-WisdomTree Dreyfus"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2170675262","content_text":"SHANGHAI, Sept 28 (Reuters) - Helped by a firmer daily fixing, the yuan strengthened marginally against the dollar on Tuesday, although several investment banks cut economic growth forecasts for China.\nGoldman Sachs said in a note that it had lowered its 2021 growth forecast for China to 7.8% from 8.2%, as energy shortages and deep industrial output cuts add \"significant downside pressures\".\nThe People's Bank of China (PBOC) also changed the wording in a statement after its latest quarterly monetary policy committee meeting to remove a reference to \"stable and consolidating growth\" contained in the previous statement.\n\"The PBOC downgraded its assessment to China growth outlook,\" said Ken Cheung, chief Asian FX strategist at Mizuho Bank in Hong Kong.\n\"In our view, the PBOC is paying more attention to maintain the stable growth of credit expansion as well as its effectiveness to support the real economy.\"\nPrior to market opening, the PBOC set the midpoint rate at 6.4608 per dollar, 87 pips or 0.13% firmer than the previous fix of 6.4695.\nThe spot market opened at 6.4596 per dollar and was changing hands at 6.4556 at midday, 14 pips firmer than the previous late session close.\nDoubts over the economy's post-pandemic recovery eclipsed any optimism over an improvement in Sino-U.S. relations that investors were able to draw from the release of Huawei Technologies Co's Chief Financial Officer Meng Wanzhou, who returned to China over the weekend, following more than 1,000 days under house arrest in Canada.\nSeparately, U.S. yields have been pulled higher by a hawkish shift at the Federal Reserve, with the benchmark 10-year Treasury yields touching a three-month high of 1.516% overnight, raising speculation that the it could lead to capital outflows from China, as investors seek higher returns.\n\"RMB was expected to remain resilient in the face of rising UST yields as the currency remains in the sweet spot of carry advantage and stable macro fundamentals relative to other EM peers,\" analysts at Maybank said in a note.\nBy midday, the global dollar index rose to 93.453 from the previous close of 93.411, while the offshore yuan was trading at 6.459 per dollar.\n(Reporting by Winni Zhou and Andrew Galbraith; Editing by Simon Cameron-Moore)","news_type":1},"isVote":1,"tweetType":1,"viewCount":54,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":866725013,"gmtCreate":1632808787332,"gmtModify":1632808787470,"author":{"id":"3576365323629443","authorId":"3576365323629443","name":"RajeshY","avatar":"https://static.tigerbbs.com/af58f71bc73644abaf9df97f802ebd97","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"Basis","listText":"Basis","text":"Basis","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/866725013","repostId":"1141752032","repostType":4,"repost":{"id":"1141752032","pubTimestamp":1632806661,"share":"https://www.laohu8.com/m/news/1141752032?lang=&edition=full","pubTime":"2021-09-28 13:24","market":"us","language":"en","title":"Why Bitcoin Isn’t a Good Market Hedge","url":"https://stock-news.laohu8.com/highlight/detail?id=1141752032","media":"Institutional Investor","summary":"The cryptocurrency is more volatile than equities — but investors shouldn’t write it off completely,","content":"<blockquote>\n <b>The cryptocurrency is more volatile than equities — but investors shouldn’t write it off completely, researchers say.</b>\n</blockquote>\n<p>Bitcoin is not the equities hedge that some investors want it to be, but that doesn’t mean it’s not worth including in a portfolio, new research shows.</p>\n<p>A paper published in mid-September reveals that while Bitcoin doesn’t hedge against equity portfolio risk, it can act as a hedge against assets with a similar or higher risk profile than its own.</p>\n<p>The cryptocurrency’s introduction into the market in the early 2010s was marked by the promise of its low correlation to other assets — and thus, high potential to act as a hedge against asset classes like equities.</p>\n<p>Since then, a growing body of work — including at least 19 scholarly articles — has explored whether Bitcoin is a hedge or can reduce portfolio risk. The latest piece, entitled<i>Is Bitcoin A Hedge?</i>waspublished on September 18by a trio from the University of Western Australia: Dirk Baur, Lai Hoang, and Md Zakir Hossain.</p>\n<p>“The question [of] how excess volatility of Bitcoin affects its hedge and diversifier properties is generally not analyzed,” they wrote in the paper’s introduction.</p>\n<p>So they attempted to analyze which weight of Bitcoin in a portfolio alongside the S&P 500 index could reduce portfolio risk — in other words, act as a hedge. Their work suggests that Bitcoin is a “rather poor risk diversifier and hedge for the S&P 500,” the paper said.</p>\n<p>The authors created model portfolios using monthly and daily return data from 2011 through 2021 for both the S&P 500 and Bitcoin. The model portfolios included zero, low, and high Bitcoin weights, then analyzed whether the inclusion of Bitcoin reduced the risk relative to a standalone S&P 500 portfolio.</p>\n<p>They found that the inclusion of Bitcoin increased portfolio risk, even for allocations as low as 1 percent, the paper said. According to the research, Bitcoin’s risk-diversifying or risk-hedging capabilities are undermined by its extreme volatility.</p>\n<p>“Since Bitcoin is very volatile, it hardly reduces any risk,” Baur said via email. “However, this does not imply that it cannot improve the risk-return relationship or Sharpe ratio of a portfolio; Bitcoin often improves the Sharpe ratio of a portfolio because the (historical) returns are much higher than the risk relative to other assets such as the S&P 500.”</p>\n<p>According to Baur, the findings also apply to other asset classes.</p>\n<p>“The higher the volatility of an asset relative to Bitcoin, the better the risk hedging potential of Bitcoin,” he said via email. He added that because the volatility of the S&P 500 is much lower than that of Bitcoin, adding the cryptocurrency to a simple public equities portfolio is less effective at reducing risk than it may be for other, riskier assets.</p>\n<p>And that’s not the only benefit of including Bitcoin in a portfolio. According toresearch publishedin August, including certain cryptocurrencies in a portfolio can offer diversification benefits to investors,<i>Institutional Investor</i>previously reported.</p>\n<p>In other words, while Bitcoin isn’t a hedge, it still can be a tool for investors — as long as they know how to use it.</p>","source":"lsy1632806693597","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Why Bitcoin Isn’t a Good Market Hedge</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\">\nWhy Bitcoin Isn’t a Good Market Hedge\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-09-28 13:24 GMT+8 <a href=https://www.institutionalinvestor.com/article/b1ts0s52n8wztf/Why-Bitcoin-Isn-t-a-Good-Market-Hedge><strong>Institutional Investor</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>The cryptocurrency is more volatile than equities — but investors shouldn’t write it off completely, researchers say.\n\nBitcoin is not the equities hedge that some investors want it to be, but that ...</p>\n\n<a href=\"https://www.institutionalinvestor.com/article/b1ts0s52n8wztf/Why-Bitcoin-Isn-t-a-Good-Market-Hedge\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"GBTC":"Grayscale Bitcoin Trust","COIN":"Coinbase Global, Inc."},"source_url":"https://www.institutionalinvestor.com/article/b1ts0s52n8wztf/Why-Bitcoin-Isn-t-a-Good-Market-Hedge","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1141752032","content_text":"The cryptocurrency is more volatile than equities — but investors shouldn’t write it off completely, researchers say.\n\nBitcoin is not the equities hedge that some investors want it to be, but that doesn’t mean it’s not worth including in a portfolio, new research shows.\nA paper published in mid-September reveals that while Bitcoin doesn’t hedge against equity portfolio risk, it can act as a hedge against assets with a similar or higher risk profile than its own.\nThe cryptocurrency’s introduction into the market in the early 2010s was marked by the promise of its low correlation to other assets — and thus, high potential to act as a hedge against asset classes like equities.\nSince then, a growing body of work — including at least 19 scholarly articles — has explored whether Bitcoin is a hedge or can reduce portfolio risk. The latest piece, entitledIs Bitcoin A Hedge?waspublished on September 18by a trio from the University of Western Australia: Dirk Baur, Lai Hoang, and Md Zakir Hossain.\n“The question [of] how excess volatility of Bitcoin affects its hedge and diversifier properties is generally not analyzed,” they wrote in the paper’s introduction.\nSo they attempted to analyze which weight of Bitcoin in a portfolio alongside the S&P 500 index could reduce portfolio risk — in other words, act as a hedge. Their work suggests that Bitcoin is a “rather poor risk diversifier and hedge for the S&P 500,” the paper said.\nThe authors created model portfolios using monthly and daily return data from 2011 through 2021 for both the S&P 500 and Bitcoin. The model portfolios included zero, low, and high Bitcoin weights, then analyzed whether the inclusion of Bitcoin reduced the risk relative to a standalone S&P 500 portfolio.\nThey found that the inclusion of Bitcoin increased portfolio risk, even for allocations as low as 1 percent, the paper said. According to the research, Bitcoin’s risk-diversifying or risk-hedging capabilities are undermined by its extreme volatility.\n“Since Bitcoin is very volatile, it hardly reduces any risk,” Baur said via email. “However, this does not imply that it cannot improve the risk-return relationship or Sharpe ratio of a portfolio; Bitcoin often improves the Sharpe ratio of a portfolio because the (historical) returns are much higher than the risk relative to other assets such as the S&P 500.”\nAccording to Baur, the findings also apply to other asset classes.\n“The higher the volatility of an asset relative to Bitcoin, the better the risk hedging potential of Bitcoin,” he said via email. He added that because the volatility of the S&P 500 is much lower than that of Bitcoin, adding the cryptocurrency to a simple public equities portfolio is less effective at reducing risk than it may be for other, riskier assets.\nAnd that’s not the only benefit of including Bitcoin in a portfolio. According toresearch publishedin August, including certain cryptocurrencies in a portfolio can offer diversification benefits to investors,Institutional Investorpreviously reported.\nIn other words, while Bitcoin isn’t a hedge, it still can be a tool for investors — as long as they know how to use it.","news_type":1},"isVote":1,"tweetType":1,"viewCount":56,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":861555623,"gmtCreate":1632527053062,"gmtModify":1632712787557,"author":{"id":"3576365323629443","authorId":"3576365323629443","name":"RajeshY","avatar":"https://static.tigerbbs.com/af58f71bc73644abaf9df97f802ebd97","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/VALE\">$Vale SA(VALE)$</a>worsy","listText":"<a href=\"https://laohu8.com/S/VALE\">$Vale SA(VALE)$</a>worsy","text":"$Vale SA(VALE)$worsy","images":[{"img":"https://static.tigerbbs.com/98a6e9842abd8ad3f6a2adebdca5364a","width":"1080","height":"1920"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/861555623","isVote":1,"tweetType":1,"viewCount":32,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"CN","totalScore":0}],"lives":[]}