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2021-03-16

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Biden's stimulus will keep America's economy humming for years, Goldman Sachs predicts

2021-06-17

Good

Jobless claims show surprise increase to highest level in a month

2021-04-02

Ok

S.Korean stocks set to post biggest weekly gain in 2 months

2021-03-18

Like my post pls

Biden's stimulus will keep America's economy humming for years, Goldman Sachs predicts

2021-03-16

Lol

What Musk's 'Technoking' Title, Tesla's New Truck Exec Mean For Automaker's Tech, Bitcoin, Semi Plans

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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>Jobless claims show surprise increase to highest level in a month</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; 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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\">\nJobless claims show surprise increase to highest level in a month\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-17 20:40 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.cnbc.com/2021/06/17/us-weekly-jobless-claims.html><strong>cnbc</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Initial jobless unexpectedly rose last week despite an ongoing recovery in the U.S. employment market, the Labor Department reported Thursday.\nFirst-time filings for unemployment insurance for the ...</p>\n\n<a href=\"https://www.cnbc.com/2021/06/17/us-weekly-jobless-claims.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".DJI":"道琼斯"},"source_url":"https://www.cnbc.com/2021/06/17/us-weekly-jobless-claims.html","is_english":true,"share_image_url":"https://static.laohu8.com/72bb72e1b84c09fca865c6dcb1bbcd16","article_id":"1178576120","content_text":"Initial jobless unexpectedly rose last week despite an ongoing recovery in the U.S. employment market, the Labor Department reported Thursday.\nFirst-time filings for unemployment insurance for the week ended June 12 totaled 412,000, an improvement from the previous week's 375,000. That was the highest number since May 15.\nEconomists surveyed by Dow Jones had been expecting 360,000.\nThe surprise increase in claims comes following a series of incremental steps toward normalcy in the payrolls picture. A year ago at this time, the nation was seeing close to 1.5 million new claims a week amid continued government-imposed business shutdowns aimed at containing the Covid-19 pandemic.\nAs vaccinations have progressed and cases, hospitalizations and deaths have fallen dramatically, employment had been continuing to improve.\nContinuing claims, which run a week behind the headline number, were little changed at 3.52 million. A year ago, the number was close to 18 million.","news_type":1},"isVote":1,"tweetType":1,"viewCount":225,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":340197642,"gmtCreate":1617351790186,"gmtModify":1634521275548,"author":{"id":"3577348611873740","authorId":"3577348611873740","name":"Limmy","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3577348611873740","authorIdStr":"3577348611873740"},"themes":[],"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/340197642","repostId":"2124773905","repostType":4,"repost":{"id":"2124773905","kind":"highlight","weMediaInfo":{"introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"media_name":"Reuters","id":"1036604489","head_image":"https://static.tigerbbs.com/443ce19704621c837795676028cec868"},"pubTimestamp":1617333947,"share":"https://www.laohu8.com/m/news/2124773905?lang=&edition=full","pubTime":"2021-04-02 11:25","market":"other","language":"en","title":"S.Korean stocks set to post biggest weekly gain in 2 months","url":"https://stock-news.laohu8.com/highlight/detail?id=2124773905","media":"Reuters","summary":"* KOSPI rises, foreigners net buyers* Korean won strengthens against U.S. dollar* South Korea benchm","content":"<p>* KOSPI rises, foreigners net buyers</p><p>* Korean won strengthens against U.S. dollar</p><p>* South Korea benchmark bond yield rises</p><p>SEOUL, April 2 (Reuters) - Round-up of South Korean financial markets:</p><p>** South Korean shares climbed on Friday and were set to clock their biggest weekly gain in nearly two months following optimism about a stimulus-fueled economic recovery. The won strengthened, while the benchmark bond yield rose.</p><p>** The benchmark KOSPI rose 27.39 points, or 0.89%, to 3,114.79 by 0255 GMT. For the week, the index is up about 2.3%.</p><p>** Among the heavyweights, technology giant Samsung Electronics</p><p>rose 2.41% and peer SK Hynix added 0.36%. LG Chem and Naver gained 1.71% and 0.13%, respectively.</p><p>** Demand for chip shares are strong, following a rebound on Wall Street. Investors seem to be focusing on tech shares once again, which is lifting local shares, DS Investment &amp; Securities' analyst Na Jeong-hwan said.</p><p>** Aiding sentiment, South Korea's consumer inflation rose to its fastest pace in 14 months.</p><p>** Foreigners were net buyers of 455.0 billion won ($403.66 million) worth of shares on the main board.</p><p>** The won was quoted at 1,128.0 per dollar on the onshore settlement platform , up 0.35%.</p><p>** In offshore trading, the won was quoted at 1,127.2 per dollar, up 0.1% from the previous day, while in non-deliverable forward trading its <a href=\"https://laohu8.com/S/AONE\">one</a>-month contract was quoted at 1,126.8.</p><p>** The KOSPI has risen 8.40% so far this year, but lost 1.5% in the previous 30 trading sessions.</p><p>** The trading volume was 485.10 million shares. Of the total traded issues of 906, the number of advancing shares was 353.</p><p>** The most liquid 3-year Korean treasury bond yield was flat at 1.138%, while the benchmark 10-year yield rose by 1.5 basis points to 2.038%.</p><p>($1 = 1,127.1800 won)</p><p>(Reporting by Cynthia Kim, additional reporting by Jihoon Lee; editing by Uttaresh.V)</p><p>((Cynthia.Kim@thomsonreuters.com; 822 3704 5655; Reuters Messaging: cynthia.kim.thomsonreuters.com@reuters.net))</p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>S.Korean stocks set to post biggest weekly gain in 2 months</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nS.Korean stocks set to post biggest weekly gain in 2 months\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\">2021-04-02 11:25</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>* KOSPI rises, foreigners net buyers</p><p>* Korean won strengthens against U.S. dollar</p><p>* South Korea benchmark bond yield rises</p><p>SEOUL, April 2 (Reuters) - Round-up of South Korean financial markets:</p><p>** South Korean shares climbed on Friday and were set to clock their biggest weekly gain in nearly two months following optimism about a stimulus-fueled economic recovery. The won strengthened, while the benchmark bond yield rose.</p><p>** The benchmark KOSPI rose 27.39 points, or 0.89%, to 3,114.79 by 0255 GMT. For the week, the index is up about 2.3%.</p><p>** Among the heavyweights, technology giant Samsung Electronics</p><p>rose 2.41% and peer SK Hynix added 0.36%. LG Chem and Naver gained 1.71% and 0.13%, respectively.</p><p>** Demand for chip shares are strong, following a rebound on Wall Street. Investors seem to be focusing on tech shares once again, which is lifting local shares, DS Investment &amp; Securities' analyst Na Jeong-hwan said.</p><p>** Aiding sentiment, South Korea's consumer inflation rose to its fastest pace in 14 months.</p><p>** Foreigners were net buyers of 455.0 billion won ($403.66 million) worth of shares on the main board.</p><p>** The won was quoted at 1,128.0 per dollar on the onshore settlement platform , up 0.35%.</p><p>** In offshore trading, the won was quoted at 1,127.2 per dollar, up 0.1% from the previous day, while in non-deliverable forward trading its <a href=\"https://laohu8.com/S/AONE\">one</a>-month contract was quoted at 1,126.8.</p><p>** The KOSPI has risen 8.40% so far this year, but lost 1.5% in the previous 30 trading sessions.</p><p>** The trading volume was 485.10 million shares. Of the total traded issues of 906, the number of advancing shares was 353.</p><p>** The most liquid 3-year Korean treasury bond yield was flat at 1.138%, while the benchmark 10-year yield rose by 1.5 basis points to 2.038%.</p><p>($1 = 1,127.1800 won)</p><p>(Reporting by Cynthia Kim, additional reporting by Jihoon Lee; editing by Uttaresh.V)</p><p>((Cynthia.Kim@thomsonreuters.com; 822 3704 5655; Reuters Messaging: cynthia.kim.thomsonreuters.com@reuters.net))</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":"2124773905","content_text":"* KOSPI rises, foreigners net buyers* Korean won strengthens against U.S. dollar* South Korea benchmark bond yield risesSEOUL, April 2 (Reuters) - Round-up of South Korean financial markets:** South Korean shares climbed on Friday and were set to clock their biggest weekly gain in nearly two months following optimism about a stimulus-fueled economic recovery. The won strengthened, while the benchmark bond yield rose.** The benchmark KOSPI rose 27.39 points, or 0.89%, to 3,114.79 by 0255 GMT. For the week, the index is up about 2.3%.** Among the heavyweights, technology giant Samsung Electronicsrose 2.41% and peer SK Hynix added 0.36%. LG Chem and Naver gained 1.71% and 0.13%, respectively.** Demand for chip shares are strong, following a rebound on Wall Street. Investors seem to be focusing on tech shares once again, which is lifting local shares, DS Investment & Securities' analyst Na Jeong-hwan said.** Aiding sentiment, South Korea's consumer inflation rose to its fastest pace in 14 months.** Foreigners were net buyers of 455.0 billion won ($403.66 million) worth of shares on the main board.** The won was quoted at 1,128.0 per dollar on the onshore settlement platform , up 0.35%.** In offshore trading, the won was quoted at 1,127.2 per dollar, up 0.1% from the previous day, while in non-deliverable forward trading its one-month contract was quoted at 1,126.8.** The KOSPI has risen 8.40% so far this year, but lost 1.5% in the previous 30 trading sessions.** The trading volume was 485.10 million shares. Of the total traded issues of 906, the number of advancing shares was 353.** The most liquid 3-year Korean treasury bond yield was flat at 1.138%, while the benchmark 10-year yield rose by 1.5 basis points to 2.038%.($1 = 1,127.1800 won)(Reporting by Cynthia Kim, additional reporting by Jihoon Lee; editing by Uttaresh.V)((Cynthia.Kim@thomsonreuters.com; 822 3704 5655; Reuters Messaging: cynthia.kim.thomsonreuters.com@reuters.net))","news_type":1},"isVote":1,"tweetType":1,"viewCount":382,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":327153010,"gmtCreate":1616072527430,"gmtModify":1634527388051,"author":{"id":"3577348611873740","authorId":"3577348611873740","name":"Limmy","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3577348611873740","authorIdStr":"3577348611873740"},"themes":[],"htmlText":"Like my post pls","listText":"Like my post pls","text":"Like my post pls","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/327153010","repostId":"1167584552","repostType":4,"repost":{"id":"1167584552","kind":"news","pubTimestamp":1615857181,"share":"https://www.laohu8.com/m/news/1167584552?lang=&edition=full","pubTime":"2021-03-16 09:13","market":"us","language":"en","title":"Biden's stimulus will keep America's economy humming for years, Goldman Sachs predicts","url":"https://stock-news.laohu8.com/highlight/detail?id=1167584552","media":"CNN Business","summary":"New York (CNN Business)- President Joe Biden's $1.9 trillion economic rescue is so massive that econ","content":"<p><b>New York (CNN Business)-&nbsp;</b>President Joe Biden's $1.9 trillion economic rescue is so massive that economists are marking up their growth forecasts for not just this year, but next as well.</p>\n<p>Goldman Sachs predicts the US economy will rebound sharply&nbsp;from the pandemic, registering&nbsp;China-like GDP growth&nbsp;of 7% in 2021. That would be the fastest pace for the United States since 1984 under Ronald Reagan.</p>\n<p>Over the weekend, Goldman Sachs, citing the&nbsp;larger-than-expected American Rescue Plan,also bumped up its 2022 growth forecast to 5.1%. That is up from the bank's previous prediction of 4.5% and well above the consensus of 3.8%.</p>\n<p>If this optimistic view proves accurate, it will translate to stronger job prospects for Americans. Goldman Sachs improved its labor market outlook, predicting the unemployment rate will plunge from the&nbsp;current level of 6.2%to just 4% by the end of this year. The jobless rate is projected to keep tumbling and match the&nbsp;50-year low of 3.5%&nbsp;by the end of 2022.</p>\n<p>Taken together, the upbeat forecasts underscore the profound impact of the massive wave of stimulus approved by Congress and the White House. The most surprising part of what emerged from Washington is that Biden, armed with only narrow majorities in the Senate and House of Representatives, got almost everything he wanted.</p>\n<p>\"The final bill was closer to the original Biden proposal than we expected,\" Goldman Sachs economists wrote in a report.</p>\n<p>The Wall Street bank previously estimated Congress would enact a smaller stimulus package totaling about $1.5 trillion. And before Democrats swept the Georgia Senate races, Goldman Sachs was modeling for just $750 billion in fiscal stimulus.</p>\n<p>The American Rescue Plan includes&nbsp;$1,400 stimulus checks, enhanced unemployment benefits, $350 billion in state and local aid and larger child tax credits. Biden's efforts to include a $15 federal minimum wage were unsuccessful.</p>\n<p><b>'Springtime in America'</b></p>\n<p>Beyond the stimulus package, economists are more upbeat on the economy because of progress in defeating the pandemic.</p>\n<p>The rollout of vaccines has accelerated since the start of the year and many governors have felt confident enough to ease health restrictions that have crushed restaurants, movie theaters and entertainment venues. US airline traffic is also gathering momentum, with more people traveling by air over the past four days than in any four-day period since the start of the pandemic.</p>\n<p>\"President Reagan famously ran on it being \"Morning in America\" and we can't help but feel it is Springtime in America,\" Raymond James strategists wrote in a note Monday. \"It feels like we are on the cusp of leaving a long dark winter of Covid.\"</p>\n<p>Meanwhile, there are signs that Washington will not rush to remove some of its support for the economy.</p>\n<p>Goldman Sachs is now expecting stronger fiscal support beyond 2021. Specifically, the bank now assumes Congress will extend the larger child tax credit beyond its expiration at the end of this year and continue providing expanded unemployment insurance eligibility and benefit duration through 2022.</p>\n<p><b>Hiring rebound in schools</b></p>\n<p>Another reason for optimism: Uncle Sam is rescuing state and local governments. And that in turn should help repair shrinking municipal payrolls.</p>\n<p>State and local governments shed a staggering 1.3 million jobs in 2020, outpacing the losses during the Great Recession, and few of them have returned, according to Goldman Sachs. The vast majority of those&nbsp;job losses are linked to closed schools.</p>\n<p>But Washington learned a tough lesson from last decade, when hurting state and local governments took many years to recover from the Great Recession. Government hiring remained weak and that weighed on the overall recovery.</p>\n<p>By contrast, over the past year Washington has approved a stunning $800 billion in aid and education funds for state and local governments. That's why Goldman Sachs expects at least two-thirds of the state and local jobs lost during the pandemic to return by the time schools open in September — bolstering payrolls by 900,000 jobs by the end of this third quarter.</p>\n<p><b>Inflation jitters</b></p>\n<p>All of this spending from Washington has&nbsp;raised concerns on Wall Street&nbsp;that the era of soft inflation and rock-bottom interest rates could soon be over. Treasury yields have spiked in recent weeks on&nbsp;inflation fears&nbsp;and further increases&nbsp;could make stocks look less attractive compared with boring bonds.</p>\n<p>Federal Reserve Chairman Jerome Powell&nbsp;will seek to reassure investors this week&nbsp;that the US central bank is in no rush to end its bond purchases, let alone raise interest rates. Powell does not want a repeat of the 2013 \"taper tantrum,\" when investors freaked out because the Fed said it would slowly dial back its bond purchases.</p>\n<p>\"Eventually, the bond market has to adjust to a new reality of a recovered economy and it may well throw a tantrum as it does so,\" David Kelly, chief global strategist at JPMorgan Funds, wrote in a note to clients Monday.</p>\n<p>However, Kelly thinks Powell and the Fed should just rip off the band-aid and prepare investors for higher rates ahead.</p>\n<p>\"As a parent, it is better to stand your ground and endure the tantrums of a 4-year-old,\" he said, \"rather than always give in and later face the more destructive tantrums of a teenager.\"</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>Biden's stimulus will keep America's economy humming for years, Goldman Sachs predicts</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\">\nBiden's stimulus will keep America's economy humming for years, Goldman Sachs predicts\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-03-16 09:13 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://edition.cnn.com/2021/03/15/economy/stimulus-economy-biden-2022/index.html><strong>CNN Business</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>New York (CNN Business)- President Joe Biden's $1.9 trillion economic rescue is so massive that economists are marking up their growth forecasts for not just this year, but next as well.\nGoldman Sachs...</p>\n\n<a href=\"https://edition.cnn.com/2021/03/15/economy/stimulus-economy-biden-2022/index.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".DJI":"道琼斯",".IXIC":"NASDAQ Composite",".SPX":"S&P 500 Index"},"source_url":"https://edition.cnn.com/2021/03/15/economy/stimulus-economy-biden-2022/index.html","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1167584552","content_text":"New York (CNN Business)- President Joe Biden's $1.9 trillion economic rescue is so massive that economists are marking up their growth forecasts for not just this year, but next as well.\nGoldman Sachs predicts the US economy will rebound sharply from the pandemic, registering China-like GDP growth of 7% in 2021. That would be the fastest pace for the United States since 1984 under Ronald Reagan.\nOver the weekend, Goldman Sachs, citing the larger-than-expected American Rescue Plan,also bumped up its 2022 growth forecast to 5.1%. That is up from the bank's previous prediction of 4.5% and well above the consensus of 3.8%.\nIf this optimistic view proves accurate, it will translate to stronger job prospects for Americans. Goldman Sachs improved its labor market outlook, predicting the unemployment rate will plunge from the current level of 6.2%to just 4% by the end of this year. The jobless rate is projected to keep tumbling and match the 50-year low of 3.5% by the end of 2022.\nTaken together, the upbeat forecasts underscore the profound impact of the massive wave of stimulus approved by Congress and the White House. The most surprising part of what emerged from Washington is that Biden, armed with only narrow majorities in the Senate and House of Representatives, got almost everything he wanted.\n\"The final bill was closer to the original Biden proposal than we expected,\" Goldman Sachs economists wrote in a report.\nThe Wall Street bank previously estimated Congress would enact a smaller stimulus package totaling about $1.5 trillion. And before Democrats swept the Georgia Senate races, Goldman Sachs was modeling for just $750 billion in fiscal stimulus.\nThe American Rescue Plan includes $1,400 stimulus checks, enhanced unemployment benefits, $350 billion in state and local aid and larger child tax credits. Biden's efforts to include a $15 federal minimum wage were unsuccessful.\n'Springtime in America'\nBeyond the stimulus package, economists are more upbeat on the economy because of progress in defeating the pandemic.\nThe rollout of vaccines has accelerated since the start of the year and many governors have felt confident enough to ease health restrictions that have crushed restaurants, movie theaters and entertainment venues. US airline traffic is also gathering momentum, with more people traveling by air over the past four days than in any four-day period since the start of the pandemic.\n\"President Reagan famously ran on it being \"Morning in America\" and we can't help but feel it is Springtime in America,\" Raymond James strategists wrote in a note Monday. \"It feels like we are on the cusp of leaving a long dark winter of Covid.\"\nMeanwhile, there are signs that Washington will not rush to remove some of its support for the economy.\nGoldman Sachs is now expecting stronger fiscal support beyond 2021. Specifically, the bank now assumes Congress will extend the larger child tax credit beyond its expiration at the end of this year and continue providing expanded unemployment insurance eligibility and benefit duration through 2022.\nHiring rebound in schools\nAnother reason for optimism: Uncle Sam is rescuing state and local governments. And that in turn should help repair shrinking municipal payrolls.\nState and local governments shed a staggering 1.3 million jobs in 2020, outpacing the losses during the Great Recession, and few of them have returned, according to Goldman Sachs. The vast majority of those job losses are linked to closed schools.\nBut Washington learned a tough lesson from last decade, when hurting state and local governments took many years to recover from the Great Recession. Government hiring remained weak and that weighed on the overall recovery.\nBy contrast, over the past year Washington has approved a stunning $800 billion in aid and education funds for state and local governments. That's why Goldman Sachs expects at least two-thirds of the state and local jobs lost during the pandemic to return by the time schools open in September — bolstering payrolls by 900,000 jobs by the end of this third quarter.\nInflation jitters\nAll of this spending from Washington has raised concerns on Wall Street that the era of soft inflation and rock-bottom interest rates could soon be over. Treasury yields have spiked in recent weeks on inflation fears and further increases could make stocks look less attractive compared with boring bonds.\nFederal Reserve Chairman Jerome Powell will seek to reassure investors this week that the US central bank is in no rush to end its bond purchases, let alone raise interest rates. Powell does not want a repeat of the 2013 \"taper tantrum,\" when investors freaked out because the Fed said it would slowly dial back its bond purchases.\n\"Eventually, the bond market has to adjust to a new reality of a recovered economy and it may well throw a tantrum as it does so,\" David Kelly, chief global strategist at JPMorgan Funds, wrote in a note to clients Monday.\nHowever, Kelly thinks Powell and the Fed should just rip off the band-aid and prepare investors for higher rates ahead.\n\"As a parent, it is better to stand your ground and endure the tantrums of a 4-year-old,\" he said, \"rather than always give in and later face the more destructive tantrums of a teenager.\"","news_type":1},"isVote":1,"tweetType":1,"viewCount":408,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":325953198,"gmtCreate":1615859024114,"gmtModify":1703494074129,"author":{"id":"3577348611873740","authorId":"3577348611873740","name":"Limmy","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3577348611873740","authorIdStr":"3577348611873740"},"themes":[],"htmlText":"👍🏻","listText":"👍🏻","text":"👍🏻","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/325953198","repostId":"1167584552","repostType":4,"repost":{"id":"1167584552","kind":"news","pubTimestamp":1615857181,"share":"https://www.laohu8.com/m/news/1167584552?lang=&edition=full","pubTime":"2021-03-16 09:13","market":"us","language":"en","title":"Biden's stimulus will keep America's economy humming for years, Goldman Sachs predicts","url":"https://stock-news.laohu8.com/highlight/detail?id=1167584552","media":"CNN Business","summary":"New York (CNN Business)- President Joe Biden's $1.9 trillion economic rescue is so massive that econ","content":"<p><b>New York (CNN Business)-&nbsp;</b>President Joe Biden's $1.9 trillion economic rescue is so massive that economists are marking up their growth forecasts for not just this year, but next as well.</p>\n<p>Goldman Sachs predicts the US economy will rebound sharply&nbsp;from the pandemic, registering&nbsp;China-like GDP growth&nbsp;of 7% in 2021. That would be the fastest pace for the United States since 1984 under Ronald Reagan.</p>\n<p>Over the weekend, Goldman Sachs, citing the&nbsp;larger-than-expected American Rescue Plan,also bumped up its 2022 growth forecast to 5.1%. That is up from the bank's previous prediction of 4.5% and well above the consensus of 3.8%.</p>\n<p>If this optimistic view proves accurate, it will translate to stronger job prospects for Americans. Goldman Sachs improved its labor market outlook, predicting the unemployment rate will plunge from the&nbsp;current level of 6.2%to just 4% by the end of this year. The jobless rate is projected to keep tumbling and match the&nbsp;50-year low of 3.5%&nbsp;by the end of 2022.</p>\n<p>Taken together, the upbeat forecasts underscore the profound impact of the massive wave of stimulus approved by Congress and the White House. The most surprising part of what emerged from Washington is that Biden, armed with only narrow majorities in the Senate and House of Representatives, got almost everything he wanted.</p>\n<p>\"The final bill was closer to the original Biden proposal than we expected,\" Goldman Sachs economists wrote in a report.</p>\n<p>The Wall Street bank previously estimated Congress would enact a smaller stimulus package totaling about $1.5 trillion. And before Democrats swept the Georgia Senate races, Goldman Sachs was modeling for just $750 billion in fiscal stimulus.</p>\n<p>The American Rescue Plan includes&nbsp;$1,400 stimulus checks, enhanced unemployment benefits, $350 billion in state and local aid and larger child tax credits. Biden's efforts to include a $15 federal minimum wage were unsuccessful.</p>\n<p><b>'Springtime in America'</b></p>\n<p>Beyond the stimulus package, economists are more upbeat on the economy because of progress in defeating the pandemic.</p>\n<p>The rollout of vaccines has accelerated since the start of the year and many governors have felt confident enough to ease health restrictions that have crushed restaurants, movie theaters and entertainment venues. US airline traffic is also gathering momentum, with more people traveling by air over the past four days than in any four-day period since the start of the pandemic.</p>\n<p>\"President Reagan famously ran on it being \"Morning in America\" and we can't help but feel it is Springtime in America,\" Raymond James strategists wrote in a note Monday. \"It feels like we are on the cusp of leaving a long dark winter of Covid.\"</p>\n<p>Meanwhile, there are signs that Washington will not rush to remove some of its support for the economy.</p>\n<p>Goldman Sachs is now expecting stronger fiscal support beyond 2021. Specifically, the bank now assumes Congress will extend the larger child tax credit beyond its expiration at the end of this year and continue providing expanded unemployment insurance eligibility and benefit duration through 2022.</p>\n<p><b>Hiring rebound in schools</b></p>\n<p>Another reason for optimism: Uncle Sam is rescuing state and local governments. And that in turn should help repair shrinking municipal payrolls.</p>\n<p>State and local governments shed a staggering 1.3 million jobs in 2020, outpacing the losses during the Great Recession, and few of them have returned, according to Goldman Sachs. The vast majority of those&nbsp;job losses are linked to closed schools.</p>\n<p>But Washington learned a tough lesson from last decade, when hurting state and local governments took many years to recover from the Great Recession. Government hiring remained weak and that weighed on the overall recovery.</p>\n<p>By contrast, over the past year Washington has approved a stunning $800 billion in aid and education funds for state and local governments. That's why Goldman Sachs expects at least two-thirds of the state and local jobs lost during the pandemic to return by the time schools open in September — bolstering payrolls by 900,000 jobs by the end of this third quarter.</p>\n<p><b>Inflation jitters</b></p>\n<p>All of this spending from Washington has&nbsp;raised concerns on Wall Street&nbsp;that the era of soft inflation and rock-bottom interest rates could soon be over. Treasury yields have spiked in recent weeks on&nbsp;inflation fears&nbsp;and further increases&nbsp;could make stocks look less attractive compared with boring bonds.</p>\n<p>Federal Reserve Chairman Jerome Powell&nbsp;will seek to reassure investors this week&nbsp;that the US central bank is in no rush to end its bond purchases, let alone raise interest rates. Powell does not want a repeat of the 2013 \"taper tantrum,\" when investors freaked out because the Fed said it would slowly dial back its bond purchases.</p>\n<p>\"Eventually, the bond market has to adjust to a new reality of a recovered economy and it may well throw a tantrum as it does so,\" David Kelly, chief global strategist at JPMorgan Funds, wrote in a note to clients Monday.</p>\n<p>However, Kelly thinks Powell and the Fed should just rip off the band-aid and prepare investors for higher rates ahead.</p>\n<p>\"As a parent, it is better to stand your ground and endure the tantrums of a 4-year-old,\" he said, \"rather than always give in and later face the more destructive tantrums of a teenager.\"</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>Biden's stimulus will keep America's economy humming for years, Goldman Sachs predicts</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\">\nBiden's stimulus will keep America's economy humming for years, Goldman Sachs predicts\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-03-16 09:13 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://edition.cnn.com/2021/03/15/economy/stimulus-economy-biden-2022/index.html><strong>CNN Business</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>New York (CNN Business)- President Joe Biden's $1.9 trillion economic rescue is so massive that economists are marking up their growth forecasts for not just this year, but next as well.\nGoldman Sachs...</p>\n\n<a href=\"https://edition.cnn.com/2021/03/15/economy/stimulus-economy-biden-2022/index.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".DJI":"道琼斯",".IXIC":"NASDAQ Composite",".SPX":"S&P 500 Index"},"source_url":"https://edition.cnn.com/2021/03/15/economy/stimulus-economy-biden-2022/index.html","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1167584552","content_text":"New York (CNN Business)- President Joe Biden's $1.9 trillion economic rescue is so massive that economists are marking up their growth forecasts for not just this year, but next as well.\nGoldman Sachs predicts the US economy will rebound sharply from the pandemic, registering China-like GDP growth of 7% in 2021. That would be the fastest pace for the United States since 1984 under Ronald Reagan.\nOver the weekend, Goldman Sachs, citing the larger-than-expected American Rescue Plan,also bumped up its 2022 growth forecast to 5.1%. That is up from the bank's previous prediction of 4.5% and well above the consensus of 3.8%.\nIf this optimistic view proves accurate, it will translate to stronger job prospects for Americans. Goldman Sachs improved its labor market outlook, predicting the unemployment rate will plunge from the current level of 6.2%to just 4% by the end of this year. The jobless rate is projected to keep tumbling and match the 50-year low of 3.5% by the end of 2022.\nTaken together, the upbeat forecasts underscore the profound impact of the massive wave of stimulus approved by Congress and the White House. The most surprising part of what emerged from Washington is that Biden, armed with only narrow majorities in the Senate and House of Representatives, got almost everything he wanted.\n\"The final bill was closer to the original Biden proposal than we expected,\" Goldman Sachs economists wrote in a report.\nThe Wall Street bank previously estimated Congress would enact a smaller stimulus package totaling about $1.5 trillion. And before Democrats swept the Georgia Senate races, Goldman Sachs was modeling for just $750 billion in fiscal stimulus.\nThe American Rescue Plan includes $1,400 stimulus checks, enhanced unemployment benefits, $350 billion in state and local aid and larger child tax credits. Biden's efforts to include a $15 federal minimum wage were unsuccessful.\n'Springtime in America'\nBeyond the stimulus package, economists are more upbeat on the economy because of progress in defeating the pandemic.\nThe rollout of vaccines has accelerated since the start of the year and many governors have felt confident enough to ease health restrictions that have crushed restaurants, movie theaters and entertainment venues. US airline traffic is also gathering momentum, with more people traveling by air over the past four days than in any four-day period since the start of the pandemic.\n\"President Reagan famously ran on it being \"Morning in America\" and we can't help but feel it is Springtime in America,\" Raymond James strategists wrote in a note Monday. \"It feels like we are on the cusp of leaving a long dark winter of Covid.\"\nMeanwhile, there are signs that Washington will not rush to remove some of its support for the economy.\nGoldman Sachs is now expecting stronger fiscal support beyond 2021. Specifically, the bank now assumes Congress will extend the larger child tax credit beyond its expiration at the end of this year and continue providing expanded unemployment insurance eligibility and benefit duration through 2022.\nHiring rebound in schools\nAnother reason for optimism: Uncle Sam is rescuing state and local governments. And that in turn should help repair shrinking municipal payrolls.\nState and local governments shed a staggering 1.3 million jobs in 2020, outpacing the losses during the Great Recession, and few of them have returned, according to Goldman Sachs. The vast majority of those job losses are linked to closed schools.\nBut Washington learned a tough lesson from last decade, when hurting state and local governments took many years to recover from the Great Recession. Government hiring remained weak and that weighed on the overall recovery.\nBy contrast, over the past year Washington has approved a stunning $800 billion in aid and education funds for state and local governments. That's why Goldman Sachs expects at least two-thirds of the state and local jobs lost during the pandemic to return by the time schools open in September — bolstering payrolls by 900,000 jobs by the end of this third quarter.\nInflation jitters\nAll of this spending from Washington has raised concerns on Wall Street that the era of soft inflation and rock-bottom interest rates could soon be over. Treasury yields have spiked in recent weeks on inflation fears and further increases could make stocks look less attractive compared with boring bonds.\nFederal Reserve Chairman Jerome Powell will seek to reassure investors this week that the US central bank is in no rush to end its bond purchases, let alone raise interest rates. Powell does not want a repeat of the 2013 \"taper tantrum,\" when investors freaked out because the Fed said it would slowly dial back its bond purchases.\n\"Eventually, the bond market has to adjust to a new reality of a recovered economy and it may well throw a tantrum as it does so,\" David Kelly, chief global strategist at JPMorgan Funds, wrote in a note to clients Monday.\nHowever, Kelly thinks Powell and the Fed should just rip off the band-aid and prepare investors for higher rates ahead.\n\"As a parent, it is better to stand your ground and endure the tantrums of a 4-year-old,\" he said, \"rather than always give in and later face the more destructive tantrums of a teenager.\"","news_type":1},"isVote":1,"tweetType":1,"viewCount":367,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":325950462,"gmtCreate":1615858930656,"gmtModify":1703494072259,"author":{"id":"3577348611873740","authorId":"3577348611873740","name":"Limmy","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3577348611873740","authorIdStr":"3577348611873740"},"themes":[],"htmlText":"Lol","listText":"Lol","text":"Lol","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/325950462","repostId":"2119170941","repostType":4,"repost":{"id":"2119170941","kind":"news","weMediaInfo":{"introduction":"Stock Market Quotes, Business News, Financial News, Trading Ideas, and Stock Research by Professionals","home_visible":0,"media_name":"Benzinga","id":"1052270027","head_image":"https://static.tigerbbs.com/d08bf7808052c0ca9deb4e944cae32aa"},"pubTimestamp":1615858807,"share":"https://www.laohu8.com/m/news/2119170941?lang=&edition=full","pubTime":"2021-03-16 09:40","market":"us","language":"en","title":"What Musk's 'Technoking' Title, Tesla's New Truck Exec Mean For Automaker's Tech, Bitcoin, Semi Plans","url":"https://stock-news.laohu8.com/highlight/detail?id=2119170941","media":"Benzinga","summary":"Tesla, Inc.  revealed an added title for CEO Elon Musk and a management change in two SEC filings Monday.The Tesla Analyst:  Wedbush analyst Daniel Ives has a Neutral rating on Tesla with a $950 price target.The Tesla Thesis:  The title of \"Technoking of Tesla\" is a hint at Musk viewing Tesla as a technology disruptor in the future, especially with robotaxis, full self-driving and massive technology advancements on the horizon, Ives said in a note.The new title of \"Master of Coin\" given to CFO Z","content":"<p><img src=\"https://static.tigerbbs.com/bd2a4e1cc0ee6c602a1d76dff5e53292\" tg-width=\"600\" tg-height=\"400\" referrerpolicy=\"no-referrer\"></p>\n<p><b>Tesla, Inc. </b>(NASDAQ: TSLA) revealed an added title for CEO Elon Musk and a management change in&nbsp;two SEC filings Monday.</p>\n<p><b>The Tesla Analyst: </b> Wedbush analyst Daniel Ives has a Neutral rating on Tesla with a&nbsp;$950 price target.</p>\n<p><b>The Tesla Thesis: </b> The title of \"Technoking of Tesla\"&nbsp;is a hint at Musk viewing Tesla as a technology disruptor in the future, especially with robotaxis, full self-driving and massive technology advancements on the horizon, Ives said in a note.</p>\n<p>The new title of \"Master of Coin\"&nbsp;given to CFO Zach Kirkhorn is a signal that the company will increase its Bitcoin ownership in the coming years, the analyst said.</p>\n<p>The company may have made roughly $1.2 billion in paper profit on its bitcoin investment, he said.</p>\n<p>Jerome Guillen moving to the heavy truck frontier is a significant strategic move, underlining Tesla's plans to double down on its semi and trucking vision over the next few years, Ives said.</p>\n<p>Over the weekend, Tesla released a video of its new electric semi-truck prototype on the test track at Fremont, the analyst said.</p>\n<p>\"We continue to believe this is a 2022 model release that will be discussed in more detail over the coming months from Tesla as production plans start to develop.\"</p>\n<p>Tesla's success in ramping its EV initiatives and demand in China for the month of March will likely catalyze shares higher, according to Wedbush.</p>\n<p><b>TSLA Price Action: </b>At last check, Tesla shares were down 0.17% to $693.52.</p>\n<p><b>Latest Ratings for TSLA</b></p>\n<table>\n <tbody>\n  <tr>\n   <th>Date</th>\n   <th>Firm</th>\n   <th>Action</th>\n   <th>From</th>\n   <th>To</th>\n  </tr>\n </tbody>\n <tbody>\n  <tr>\n   <td>Mar 2021</td>\n   <td>Mizuho</td>\n   <td>Initiates Coverage On</td>\n   <td></td>\n   <td>Buy</td>\n  </tr>\n  <tr>\n   <td>Mar 2021</td>\n   <td>New Street</td>\n   <td>Upgrades</td>\n   <td>Neutral</td>\n   <td>Buy</td>\n  </tr>\n  <tr>\n   <td>Feb 2021</td>\n   <td><a href=\"https://laohu8.com/S/MSTLW\">Morgan Stanley</a></td>\n   <td>Maintains</td>\n   <td></td>\n   <td>Overweight</td>\n  </tr>\n </tbody>\n</table>","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 Musk's 'Technoking' Title, Tesla's New Truck Exec Mean For Automaker's Tech, Bitcoin, Semi Plans</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 Musk's 'Technoking' Title, Tesla's New Truck Exec Mean For Automaker's Tech, Bitcoin, Semi Plans\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/d08bf7808052c0ca9deb4e944cae32aa);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Benzinga </p>\n<p class=\"h-time\">2021-03-16 09:40</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<p><img src=\"https://static.tigerbbs.com/bd2a4e1cc0ee6c602a1d76dff5e53292\" tg-width=\"600\" tg-height=\"400\" referrerpolicy=\"no-referrer\"></p>\n<p><b>Tesla, Inc. </b>(NASDAQ: TSLA) revealed an added title for CEO Elon Musk and a management change in&nbsp;two SEC filings Monday.</p>\n<p><b>The Tesla Analyst: </b> Wedbush analyst Daniel Ives has a Neutral rating on Tesla with a&nbsp;$950 price target.</p>\n<p><b>The Tesla Thesis: </b> The title of \"Technoking of Tesla\"&nbsp;is a hint at Musk viewing Tesla as a technology disruptor in the future, especially with robotaxis, full self-driving and massive technology advancements on the horizon, Ives said in a note.</p>\n<p>The new title of \"Master of Coin\"&nbsp;given to CFO Zach Kirkhorn is a signal that the company will increase its Bitcoin ownership in the coming years, the analyst said.</p>\n<p>The company may have made roughly $1.2 billion in paper profit on its bitcoin investment, he said.</p>\n<p>Jerome Guillen moving to the heavy truck frontier is a significant strategic move, underlining Tesla's plans to double down on its semi and trucking vision over the next few years, Ives said.</p>\n<p>Over the weekend, Tesla released a video of its new electric semi-truck prototype on the test track at Fremont, the analyst said.</p>\n<p>\"We continue to believe this is a 2022 model release that will be discussed in more detail over the coming months from Tesla as production plans start to develop.\"</p>\n<p>Tesla's success in ramping its EV initiatives and demand in China for the month of March will likely catalyze shares higher, according to Wedbush.</p>\n<p><b>TSLA Price Action: </b>At last check, Tesla shares were down 0.17% to $693.52.</p>\n<p><b>Latest Ratings for TSLA</b></p>\n<table>\n <tbody>\n  <tr>\n   <th>Date</th>\n   <th>Firm</th>\n   <th>Action</th>\n   <th>From</th>\n   <th>To</th>\n  </tr>\n </tbody>\n <tbody>\n  <tr>\n   <td>Mar 2021</td>\n   <td>Mizuho</td>\n   <td>Initiates Coverage On</td>\n   <td></td>\n   <td>Buy</td>\n  </tr>\n  <tr>\n   <td>Mar 2021</td>\n   <td>New Street</td>\n   <td>Upgrades</td>\n   <td>Neutral</td>\n   <td>Buy</td>\n  </tr>\n  <tr>\n   <td>Feb 2021</td>\n   <td><a href=\"https://laohu8.com/S/MSTLW\">Morgan Stanley</a></td>\n   <td>Maintains</td>\n   <td></td>\n   <td>Overweight</td>\n  </tr>\n </tbody>\n</table>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"TSLA":"特斯拉"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2119170941","content_text":"Tesla, Inc. (NASDAQ: TSLA) revealed an added title for CEO Elon Musk and a management change in two SEC filings Monday.\nThe Tesla Analyst:  Wedbush analyst Daniel Ives has a Neutral rating on Tesla with a $950 price target.\nThe Tesla Thesis:  The title of \"Technoking of Tesla\" is a hint at Musk viewing Tesla as a technology disruptor in the future, especially with robotaxis, full self-driving and massive technology advancements on the horizon, Ives said in a note.\nThe new title of \"Master of Coin\" given to CFO Zach Kirkhorn is a signal that the company will increase its Bitcoin ownership in the coming years, the analyst said.\nThe company may have made roughly $1.2 billion in paper profit on its bitcoin investment, he said.\nJerome Guillen moving to the heavy truck frontier is a significant strategic move, underlining Tesla's plans to double down on its semi and trucking vision over the next few years, Ives said.\nOver the weekend, Tesla released a video of its new electric semi-truck prototype on the test track at Fremont, the analyst said.\n\"We continue to believe this is a 2022 model release that will be discussed in more detail over the coming months from Tesla as production plans start to develop.\"\nTesla's success in ramping its EV initiatives and demand in China for the month of March will likely catalyze shares higher, according to Wedbush.\nTSLA Price Action: At last check, Tesla shares were down 0.17% to $693.52.\nLatest Ratings for TSLA\n\n\n\nDate\nFirm\nAction\nFrom\nTo\n\n\n\n\nMar 2021\nMizuho\nInitiates Coverage On\n\nBuy\n\n\nMar 2021\nNew Street\nUpgrades\nNeutral\nBuy\n\n\nFeb 2021\nMorgan Stanley\nMaintains\n\nOverweight","news_type":1},"isVote":1,"tweetType":1,"viewCount":320,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"hots":[{"id":325953198,"gmtCreate":1615859024114,"gmtModify":1703494074129,"author":{"id":"3577348611873740","authorId":"3577348611873740","name":"Limmy","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3577348611873740","authorIdStr":"3577348611873740"},"themes":[],"htmlText":"👍🏻","listText":"👍🏻","text":"👍🏻","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/325953198","repostId":"1167584552","repostType":4,"repost":{"id":"1167584552","kind":"news","pubTimestamp":1615857181,"share":"https://www.laohu8.com/m/news/1167584552?lang=&edition=full","pubTime":"2021-03-16 09:13","market":"us","language":"en","title":"Biden's stimulus will keep America's economy humming for years, Goldman Sachs predicts","url":"https://stock-news.laohu8.com/highlight/detail?id=1167584552","media":"CNN Business","summary":"New York (CNN Business)- President Joe Biden's $1.9 trillion economic rescue is so massive that econ","content":"<p><b>New York (CNN Business)-&nbsp;</b>President Joe Biden's $1.9 trillion economic rescue is so massive that economists are marking up their growth forecasts for not just this year, but next as well.</p>\n<p>Goldman Sachs predicts the US economy will rebound sharply&nbsp;from the pandemic, registering&nbsp;China-like GDP growth&nbsp;of 7% in 2021. That would be the fastest pace for the United States since 1984 under Ronald Reagan.</p>\n<p>Over the weekend, Goldman Sachs, citing the&nbsp;larger-than-expected American Rescue Plan,also bumped up its 2022 growth forecast to 5.1%. That is up from the bank's previous prediction of 4.5% and well above the consensus of 3.8%.</p>\n<p>If this optimistic view proves accurate, it will translate to stronger job prospects for Americans. Goldman Sachs improved its labor market outlook, predicting the unemployment rate will plunge from the&nbsp;current level of 6.2%to just 4% by the end of this year. The jobless rate is projected to keep tumbling and match the&nbsp;50-year low of 3.5%&nbsp;by the end of 2022.</p>\n<p>Taken together, the upbeat forecasts underscore the profound impact of the massive wave of stimulus approved by Congress and the White House. The most surprising part of what emerged from Washington is that Biden, armed with only narrow majorities in the Senate and House of Representatives, got almost everything he wanted.</p>\n<p>\"The final bill was closer to the original Biden proposal than we expected,\" Goldman Sachs economists wrote in a report.</p>\n<p>The Wall Street bank previously estimated Congress would enact a smaller stimulus package totaling about $1.5 trillion. And before Democrats swept the Georgia Senate races, Goldman Sachs was modeling for just $750 billion in fiscal stimulus.</p>\n<p>The American Rescue Plan includes&nbsp;$1,400 stimulus checks, enhanced unemployment benefits, $350 billion in state and local aid and larger child tax credits. Biden's efforts to include a $15 federal minimum wage were unsuccessful.</p>\n<p><b>'Springtime in America'</b></p>\n<p>Beyond the stimulus package, economists are more upbeat on the economy because of progress in defeating the pandemic.</p>\n<p>The rollout of vaccines has accelerated since the start of the year and many governors have felt confident enough to ease health restrictions that have crushed restaurants, movie theaters and entertainment venues. US airline traffic is also gathering momentum, with more people traveling by air over the past four days than in any four-day period since the start of the pandemic.</p>\n<p>\"President Reagan famously ran on it being \"Morning in America\" and we can't help but feel it is Springtime in America,\" Raymond James strategists wrote in a note Monday. \"It feels like we are on the cusp of leaving a long dark winter of Covid.\"</p>\n<p>Meanwhile, there are signs that Washington will not rush to remove some of its support for the economy.</p>\n<p>Goldman Sachs is now expecting stronger fiscal support beyond 2021. Specifically, the bank now assumes Congress will extend the larger child tax credit beyond its expiration at the end of this year and continue providing expanded unemployment insurance eligibility and benefit duration through 2022.</p>\n<p><b>Hiring rebound in schools</b></p>\n<p>Another reason for optimism: Uncle Sam is rescuing state and local governments. And that in turn should help repair shrinking municipal payrolls.</p>\n<p>State and local governments shed a staggering 1.3 million jobs in 2020, outpacing the losses during the Great Recession, and few of them have returned, according to Goldman Sachs. The vast majority of those&nbsp;job losses are linked to closed schools.</p>\n<p>But Washington learned a tough lesson from last decade, when hurting state and local governments took many years to recover from the Great Recession. Government hiring remained weak and that weighed on the overall recovery.</p>\n<p>By contrast, over the past year Washington has approved a stunning $800 billion in aid and education funds for state and local governments. That's why Goldman Sachs expects at least two-thirds of the state and local jobs lost during the pandemic to return by the time schools open in September — bolstering payrolls by 900,000 jobs by the end of this third quarter.</p>\n<p><b>Inflation jitters</b></p>\n<p>All of this spending from Washington has&nbsp;raised concerns on Wall Street&nbsp;that the era of soft inflation and rock-bottom interest rates could soon be over. Treasury yields have spiked in recent weeks on&nbsp;inflation fears&nbsp;and further increases&nbsp;could make stocks look less attractive compared with boring bonds.</p>\n<p>Federal Reserve Chairman Jerome Powell&nbsp;will seek to reassure investors this week&nbsp;that the US central bank is in no rush to end its bond purchases, let alone raise interest rates. Powell does not want a repeat of the 2013 \"taper tantrum,\" when investors freaked out because the Fed said it would slowly dial back its bond purchases.</p>\n<p>\"Eventually, the bond market has to adjust to a new reality of a recovered economy and it may well throw a tantrum as it does so,\" David Kelly, chief global strategist at JPMorgan Funds, wrote in a note to clients Monday.</p>\n<p>However, Kelly thinks Powell and the Fed should just rip off the band-aid and prepare investors for higher rates ahead.</p>\n<p>\"As a parent, it is better to stand your ground and endure the tantrums of a 4-year-old,\" he said, \"rather than always give in and later face the more destructive tantrums of a teenager.\"</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>Biden's stimulus will keep America's economy humming for years, Goldman Sachs predicts</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\">\nBiden's stimulus will keep America's economy humming for years, Goldman Sachs predicts\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-03-16 09:13 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://edition.cnn.com/2021/03/15/economy/stimulus-economy-biden-2022/index.html><strong>CNN Business</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>New York (CNN Business)- President Joe Biden's $1.9 trillion economic rescue is so massive that economists are marking up their growth forecasts for not just this year, but next as well.\nGoldman Sachs...</p>\n\n<a href=\"https://edition.cnn.com/2021/03/15/economy/stimulus-economy-biden-2022/index.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".DJI":"道琼斯",".IXIC":"NASDAQ Composite",".SPX":"S&P 500 Index"},"source_url":"https://edition.cnn.com/2021/03/15/economy/stimulus-economy-biden-2022/index.html","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1167584552","content_text":"New York (CNN Business)- President Joe Biden's $1.9 trillion economic rescue is so massive that economists are marking up their growth forecasts for not just this year, but next as well.\nGoldman Sachs predicts the US economy will rebound sharply from the pandemic, registering China-like GDP growth of 7% in 2021. That would be the fastest pace for the United States since 1984 under Ronald Reagan.\nOver the weekend, Goldman Sachs, citing the larger-than-expected American Rescue Plan,also bumped up its 2022 growth forecast to 5.1%. That is up from the bank's previous prediction of 4.5% and well above the consensus of 3.8%.\nIf this optimistic view proves accurate, it will translate to stronger job prospects for Americans. Goldman Sachs improved its labor market outlook, predicting the unemployment rate will plunge from the current level of 6.2%to just 4% by the end of this year. The jobless rate is projected to keep tumbling and match the 50-year low of 3.5% by the end of 2022.\nTaken together, the upbeat forecasts underscore the profound impact of the massive wave of stimulus approved by Congress and the White House. The most surprising part of what emerged from Washington is that Biden, armed with only narrow majorities in the Senate and House of Representatives, got almost everything he wanted.\n\"The final bill was closer to the original Biden proposal than we expected,\" Goldman Sachs economists wrote in a report.\nThe Wall Street bank previously estimated Congress would enact a smaller stimulus package totaling about $1.5 trillion. And before Democrats swept the Georgia Senate races, Goldman Sachs was modeling for just $750 billion in fiscal stimulus.\nThe American Rescue Plan includes $1,400 stimulus checks, enhanced unemployment benefits, $350 billion in state and local aid and larger child tax credits. Biden's efforts to include a $15 federal minimum wage were unsuccessful.\n'Springtime in America'\nBeyond the stimulus package, economists are more upbeat on the economy because of progress in defeating the pandemic.\nThe rollout of vaccines has accelerated since the start of the year and many governors have felt confident enough to ease health restrictions that have crushed restaurants, movie theaters and entertainment venues. US airline traffic is also gathering momentum, with more people traveling by air over the past four days than in any four-day period since the start of the pandemic.\n\"President Reagan famously ran on it being \"Morning in America\" and we can't help but feel it is Springtime in America,\" Raymond James strategists wrote in a note Monday. \"It feels like we are on the cusp of leaving a long dark winter of Covid.\"\nMeanwhile, there are signs that Washington will not rush to remove some of its support for the economy.\nGoldman Sachs is now expecting stronger fiscal support beyond 2021. Specifically, the bank now assumes Congress will extend the larger child tax credit beyond its expiration at the end of this year and continue providing expanded unemployment insurance eligibility and benefit duration through 2022.\nHiring rebound in schools\nAnother reason for optimism: Uncle Sam is rescuing state and local governments. And that in turn should help repair shrinking municipal payrolls.\nState and local governments shed a staggering 1.3 million jobs in 2020, outpacing the losses during the Great Recession, and few of them have returned, according to Goldman Sachs. The vast majority of those job losses are linked to closed schools.\nBut Washington learned a tough lesson from last decade, when hurting state and local governments took many years to recover from the Great Recession. Government hiring remained weak and that weighed on the overall recovery.\nBy contrast, over the past year Washington has approved a stunning $800 billion in aid and education funds for state and local governments. That's why Goldman Sachs expects at least two-thirds of the state and local jobs lost during the pandemic to return by the time schools open in September — bolstering payrolls by 900,000 jobs by the end of this third quarter.\nInflation jitters\nAll of this spending from Washington has raised concerns on Wall Street that the era of soft inflation and rock-bottom interest rates could soon be over. Treasury yields have spiked in recent weeks on inflation fears and further increases could make stocks look less attractive compared with boring bonds.\nFederal Reserve Chairman Jerome Powell will seek to reassure investors this week that the US central bank is in no rush to end its bond purchases, let alone raise interest rates. Powell does not want a repeat of the 2013 \"taper tantrum,\" when investors freaked out because the Fed said it would slowly dial back its bond purchases.\n\"Eventually, the bond market has to adjust to a new reality of a recovered economy and it may well throw a tantrum as it does so,\" David Kelly, chief global strategist at JPMorgan Funds, wrote in a note to clients Monday.\nHowever, Kelly thinks Powell and the Fed should just rip off the band-aid and prepare investors for higher rates ahead.\n\"As a parent, it is better to stand your ground and endure the tantrums of a 4-year-old,\" he said, \"rather than always give in and later face the more destructive tantrums of a teenager.\"","news_type":1},"isVote":1,"tweetType":1,"viewCount":367,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":161513597,"gmtCreate":1623934281619,"gmtModify":1634025698722,"author":{"id":"3577348611873740","authorId":"3577348611873740","name":"Limmy","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3577348611873740","authorIdStr":"3577348611873740"},"themes":[],"htmlText":"Good","listText":"Good","text":"Good","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/161513597","repostId":"1178576120","repostType":4,"repost":{"id":"1178576120","kind":"news","pubTimestamp":1623933604,"share":"https://www.laohu8.com/m/news/1178576120?lang=&edition=full","pubTime":"2021-06-17 20:40","market":"us","language":"en","title":"Jobless claims show surprise increase to highest level in a month","url":"https://stock-news.laohu8.com/highlight/detail?id=1178576120","media":"cnbc","summary":"Initial jobless unexpectedly rose last week despite an ongoing recovery in the U.S. employment marke","content":"<div>\n<p>Initial jobless unexpectedly rose last week despite an ongoing recovery in the U.S. employment market, the Labor Department reported Thursday.\nFirst-time filings for unemployment insurance for the ...</p>\n\n<a href=\"https://www.cnbc.com/2021/06/17/us-weekly-jobless-claims.html\">Web Link</a>\n\n</div>\n","source":"cnbc_highlight","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Jobless claims show surprise increase to highest level in a month</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\">\nJobless claims show surprise increase to highest level in a month\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-17 20:40 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.cnbc.com/2021/06/17/us-weekly-jobless-claims.html><strong>cnbc</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Initial jobless unexpectedly rose last week despite an ongoing recovery in the U.S. employment market, the Labor Department reported Thursday.\nFirst-time filings for unemployment insurance for the ...</p>\n\n<a href=\"https://www.cnbc.com/2021/06/17/us-weekly-jobless-claims.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".DJI":"道琼斯"},"source_url":"https://www.cnbc.com/2021/06/17/us-weekly-jobless-claims.html","is_english":true,"share_image_url":"https://static.laohu8.com/72bb72e1b84c09fca865c6dcb1bbcd16","article_id":"1178576120","content_text":"Initial jobless unexpectedly rose last week despite an ongoing recovery in the U.S. employment market, the Labor Department reported Thursday.\nFirst-time filings for unemployment insurance for the week ended June 12 totaled 412,000, an improvement from the previous week's 375,000. That was the highest number since May 15.\nEconomists surveyed by Dow Jones had been expecting 360,000.\nThe surprise increase in claims comes following a series of incremental steps toward normalcy in the payrolls picture. A year ago at this time, the nation was seeing close to 1.5 million new claims a week amid continued government-imposed business shutdowns aimed at containing the Covid-19 pandemic.\nAs vaccinations have progressed and cases, hospitalizations and deaths have fallen dramatically, employment had been continuing to improve.\nContinuing claims, which run a week behind the headline number, were little changed at 3.52 million. A year ago, the number was close to 18 million.","news_type":1},"isVote":1,"tweetType":1,"viewCount":225,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":340197642,"gmtCreate":1617351790186,"gmtModify":1634521275548,"author":{"id":"3577348611873740","authorId":"3577348611873740","name":"Limmy","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3577348611873740","authorIdStr":"3577348611873740"},"themes":[],"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/340197642","repostId":"2124773905","repostType":4,"repost":{"id":"2124773905","kind":"highlight","weMediaInfo":{"introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"media_name":"Reuters","id":"1036604489","head_image":"https://static.tigerbbs.com/443ce19704621c837795676028cec868"},"pubTimestamp":1617333947,"share":"https://www.laohu8.com/m/news/2124773905?lang=&edition=full","pubTime":"2021-04-02 11:25","market":"other","language":"en","title":"S.Korean stocks set to post biggest weekly gain in 2 months","url":"https://stock-news.laohu8.com/highlight/detail?id=2124773905","media":"Reuters","summary":"* KOSPI rises, foreigners net buyers* Korean won strengthens against U.S. dollar* South Korea benchm","content":"<p>* KOSPI rises, foreigners net buyers</p><p>* Korean won strengthens against U.S. dollar</p><p>* South Korea benchmark bond yield rises</p><p>SEOUL, April 2 (Reuters) - Round-up of South Korean financial markets:</p><p>** South Korean shares climbed on Friday and were set to clock their biggest weekly gain in nearly two months following optimism about a stimulus-fueled economic recovery. The won strengthened, while the benchmark bond yield rose.</p><p>** The benchmark KOSPI rose 27.39 points, or 0.89%, to 3,114.79 by 0255 GMT. For the week, the index is up about 2.3%.</p><p>** Among the heavyweights, technology giant Samsung Electronics</p><p>rose 2.41% and peer SK Hynix added 0.36%. LG Chem and Naver gained 1.71% and 0.13%, respectively.</p><p>** Demand for chip shares are strong, following a rebound on Wall Street. Investors seem to be focusing on tech shares once again, which is lifting local shares, DS Investment &amp; Securities' analyst Na Jeong-hwan said.</p><p>** Aiding sentiment, South Korea's consumer inflation rose to its fastest pace in 14 months.</p><p>** Foreigners were net buyers of 455.0 billion won ($403.66 million) worth of shares on the main board.</p><p>** The won was quoted at 1,128.0 per dollar on the onshore settlement platform , up 0.35%.</p><p>** In offshore trading, the won was quoted at 1,127.2 per dollar, up 0.1% from the previous day, while in non-deliverable forward trading its <a href=\"https://laohu8.com/S/AONE\">one</a>-month contract was quoted at 1,126.8.</p><p>** The KOSPI has risen 8.40% so far this year, but lost 1.5% in the previous 30 trading sessions.</p><p>** The trading volume was 485.10 million shares. Of the total traded issues of 906, the number of advancing shares was 353.</p><p>** The most liquid 3-year Korean treasury bond yield was flat at 1.138%, while the benchmark 10-year yield rose by 1.5 basis points to 2.038%.</p><p>($1 = 1,127.1800 won)</p><p>(Reporting by Cynthia Kim, additional reporting by Jihoon Lee; editing by Uttaresh.V)</p><p>((Cynthia.Kim@thomsonreuters.com; 822 3704 5655; Reuters Messaging: cynthia.kim.thomsonreuters.com@reuters.net))</p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>S.Korean stocks set to post biggest weekly gain in 2 months</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nS.Korean stocks set to post biggest weekly gain in 2 months\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\">2021-04-02 11:25</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>* KOSPI rises, foreigners net buyers</p><p>* Korean won strengthens against U.S. dollar</p><p>* South Korea benchmark bond yield rises</p><p>SEOUL, April 2 (Reuters) - Round-up of South Korean financial markets:</p><p>** South Korean shares climbed on Friday and were set to clock their biggest weekly gain in nearly two months following optimism about a stimulus-fueled economic recovery. The won strengthened, while the benchmark bond yield rose.</p><p>** The benchmark KOSPI rose 27.39 points, or 0.89%, to 3,114.79 by 0255 GMT. For the week, the index is up about 2.3%.</p><p>** Among the heavyweights, technology giant Samsung Electronics</p><p>rose 2.41% and peer SK Hynix added 0.36%. LG Chem and Naver gained 1.71% and 0.13%, respectively.</p><p>** Demand for chip shares are strong, following a rebound on Wall Street. Investors seem to be focusing on tech shares once again, which is lifting local shares, DS Investment &amp; Securities' analyst Na Jeong-hwan said.</p><p>** Aiding sentiment, South Korea's consumer inflation rose to its fastest pace in 14 months.</p><p>** Foreigners were net buyers of 455.0 billion won ($403.66 million) worth of shares on the main board.</p><p>** The won was quoted at 1,128.0 per dollar on the onshore settlement platform , up 0.35%.</p><p>** In offshore trading, the won was quoted at 1,127.2 per dollar, up 0.1% from the previous day, while in non-deliverable forward trading its <a href=\"https://laohu8.com/S/AONE\">one</a>-month contract was quoted at 1,126.8.</p><p>** The KOSPI has risen 8.40% so far this year, but lost 1.5% in the previous 30 trading sessions.</p><p>** The trading volume was 485.10 million shares. Of the total traded issues of 906, the number of advancing shares was 353.</p><p>** The most liquid 3-year Korean treasury bond yield was flat at 1.138%, while the benchmark 10-year yield rose by 1.5 basis points to 2.038%.</p><p>($1 = 1,127.1800 won)</p><p>(Reporting by Cynthia Kim, additional reporting by Jihoon Lee; editing by Uttaresh.V)</p><p>((Cynthia.Kim@thomsonreuters.com; 822 3704 5655; Reuters Messaging: cynthia.kim.thomsonreuters.com@reuters.net))</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":"2124773905","content_text":"* KOSPI rises, foreigners net buyers* Korean won strengthens against U.S. dollar* South Korea benchmark bond yield risesSEOUL, April 2 (Reuters) - Round-up of South Korean financial markets:** South Korean shares climbed on Friday and were set to clock their biggest weekly gain in nearly two months following optimism about a stimulus-fueled economic recovery. The won strengthened, while the benchmark bond yield rose.** The benchmark KOSPI rose 27.39 points, or 0.89%, to 3,114.79 by 0255 GMT. For the week, the index is up about 2.3%.** Among the heavyweights, technology giant Samsung Electronicsrose 2.41% and peer SK Hynix added 0.36%. LG Chem and Naver gained 1.71% and 0.13%, respectively.** Demand for chip shares are strong, following a rebound on Wall Street. Investors seem to be focusing on tech shares once again, which is lifting local shares, DS Investment & Securities' analyst Na Jeong-hwan said.** Aiding sentiment, South Korea's consumer inflation rose to its fastest pace in 14 months.** Foreigners were net buyers of 455.0 billion won ($403.66 million) worth of shares on the main board.** The won was quoted at 1,128.0 per dollar on the onshore settlement platform , up 0.35%.** In offshore trading, the won was quoted at 1,127.2 per dollar, up 0.1% from the previous day, while in non-deliverable forward trading its one-month contract was quoted at 1,126.8.** The KOSPI has risen 8.40% so far this year, but lost 1.5% in the previous 30 trading sessions.** The trading volume was 485.10 million shares. Of the total traded issues of 906, the number of advancing shares was 353.** The most liquid 3-year Korean treasury bond yield was flat at 1.138%, while the benchmark 10-year yield rose by 1.5 basis points to 2.038%.($1 = 1,127.1800 won)(Reporting by Cynthia Kim, additional reporting by Jihoon Lee; editing by Uttaresh.V)((Cynthia.Kim@thomsonreuters.com; 822 3704 5655; Reuters Messaging: cynthia.kim.thomsonreuters.com@reuters.net))","news_type":1},"isVote":1,"tweetType":1,"viewCount":382,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":327153010,"gmtCreate":1616072527430,"gmtModify":1634527388051,"author":{"id":"3577348611873740","authorId":"3577348611873740","name":"Limmy","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3577348611873740","authorIdStr":"3577348611873740"},"themes":[],"htmlText":"Like my post pls","listText":"Like my post pls","text":"Like my post pls","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/327153010","repostId":"1167584552","repostType":4,"repost":{"id":"1167584552","kind":"news","pubTimestamp":1615857181,"share":"https://www.laohu8.com/m/news/1167584552?lang=&edition=full","pubTime":"2021-03-16 09:13","market":"us","language":"en","title":"Biden's stimulus will keep America's economy humming for years, Goldman Sachs predicts","url":"https://stock-news.laohu8.com/highlight/detail?id=1167584552","media":"CNN Business","summary":"New York (CNN Business)- President Joe Biden's $1.9 trillion economic rescue is so massive that econ","content":"<p><b>New York (CNN Business)-&nbsp;</b>President Joe Biden's $1.9 trillion economic rescue is so massive that economists are marking up their growth forecasts for not just this year, but next as well.</p>\n<p>Goldman Sachs predicts the US economy will rebound sharply&nbsp;from the pandemic, registering&nbsp;China-like GDP growth&nbsp;of 7% in 2021. That would be the fastest pace for the United States since 1984 under Ronald Reagan.</p>\n<p>Over the weekend, Goldman Sachs, citing the&nbsp;larger-than-expected American Rescue Plan,also bumped up its 2022 growth forecast to 5.1%. That is up from the bank's previous prediction of 4.5% and well above the consensus of 3.8%.</p>\n<p>If this optimistic view proves accurate, it will translate to stronger job prospects for Americans. Goldman Sachs improved its labor market outlook, predicting the unemployment rate will plunge from the&nbsp;current level of 6.2%to just 4% by the end of this year. The jobless rate is projected to keep tumbling and match the&nbsp;50-year low of 3.5%&nbsp;by the end of 2022.</p>\n<p>Taken together, the upbeat forecasts underscore the profound impact of the massive wave of stimulus approved by Congress and the White House. The most surprising part of what emerged from Washington is that Biden, armed with only narrow majorities in the Senate and House of Representatives, got almost everything he wanted.</p>\n<p>\"The final bill was closer to the original Biden proposal than we expected,\" Goldman Sachs economists wrote in a report.</p>\n<p>The Wall Street bank previously estimated Congress would enact a smaller stimulus package totaling about $1.5 trillion. And before Democrats swept the Georgia Senate races, Goldman Sachs was modeling for just $750 billion in fiscal stimulus.</p>\n<p>The American Rescue Plan includes&nbsp;$1,400 stimulus checks, enhanced unemployment benefits, $350 billion in state and local aid and larger child tax credits. Biden's efforts to include a $15 federal minimum wage were unsuccessful.</p>\n<p><b>'Springtime in America'</b></p>\n<p>Beyond the stimulus package, economists are more upbeat on the economy because of progress in defeating the pandemic.</p>\n<p>The rollout of vaccines has accelerated since the start of the year and many governors have felt confident enough to ease health restrictions that have crushed restaurants, movie theaters and entertainment venues. US airline traffic is also gathering momentum, with more people traveling by air over the past four days than in any four-day period since the start of the pandemic.</p>\n<p>\"President Reagan famously ran on it being \"Morning in America\" and we can't help but feel it is Springtime in America,\" Raymond James strategists wrote in a note Monday. \"It feels like we are on the cusp of leaving a long dark winter of Covid.\"</p>\n<p>Meanwhile, there are signs that Washington will not rush to remove some of its support for the economy.</p>\n<p>Goldman Sachs is now expecting stronger fiscal support beyond 2021. Specifically, the bank now assumes Congress will extend the larger child tax credit beyond its expiration at the end of this year and continue providing expanded unemployment insurance eligibility and benefit duration through 2022.</p>\n<p><b>Hiring rebound in schools</b></p>\n<p>Another reason for optimism: Uncle Sam is rescuing state and local governments. And that in turn should help repair shrinking municipal payrolls.</p>\n<p>State and local governments shed a staggering 1.3 million jobs in 2020, outpacing the losses during the Great Recession, and few of them have returned, according to Goldman Sachs. The vast majority of those&nbsp;job losses are linked to closed schools.</p>\n<p>But Washington learned a tough lesson from last decade, when hurting state and local governments took many years to recover from the Great Recession. Government hiring remained weak and that weighed on the overall recovery.</p>\n<p>By contrast, over the past year Washington has approved a stunning $800 billion in aid and education funds for state and local governments. That's why Goldman Sachs expects at least two-thirds of the state and local jobs lost during the pandemic to return by the time schools open in September — bolstering payrolls by 900,000 jobs by the end of this third quarter.</p>\n<p><b>Inflation jitters</b></p>\n<p>All of this spending from Washington has&nbsp;raised concerns on Wall Street&nbsp;that the era of soft inflation and rock-bottom interest rates could soon be over. Treasury yields have spiked in recent weeks on&nbsp;inflation fears&nbsp;and further increases&nbsp;could make stocks look less attractive compared with boring bonds.</p>\n<p>Federal Reserve Chairman Jerome Powell&nbsp;will seek to reassure investors this week&nbsp;that the US central bank is in no rush to end its bond purchases, let alone raise interest rates. Powell does not want a repeat of the 2013 \"taper tantrum,\" when investors freaked out because the Fed said it would slowly dial back its bond purchases.</p>\n<p>\"Eventually, the bond market has to adjust to a new reality of a recovered economy and it may well throw a tantrum as it does so,\" David Kelly, chief global strategist at JPMorgan Funds, wrote in a note to clients Monday.</p>\n<p>However, Kelly thinks Powell and the Fed should just rip off the band-aid and prepare investors for higher rates ahead.</p>\n<p>\"As a parent, it is better to stand your ground and endure the tantrums of a 4-year-old,\" he said, \"rather than always give in and later face the more destructive tantrums of a teenager.\"</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>Biden's stimulus will keep America's economy humming for years, Goldman Sachs predicts</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\">\nBiden's stimulus will keep America's economy humming for years, Goldman Sachs predicts\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-03-16 09:13 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://edition.cnn.com/2021/03/15/economy/stimulus-economy-biden-2022/index.html><strong>CNN Business</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>New York (CNN Business)- President Joe Biden's $1.9 trillion economic rescue is so massive that economists are marking up their growth forecasts for not just this year, but next as well.\nGoldman Sachs...</p>\n\n<a href=\"https://edition.cnn.com/2021/03/15/economy/stimulus-economy-biden-2022/index.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".DJI":"道琼斯",".IXIC":"NASDAQ Composite",".SPX":"S&P 500 Index"},"source_url":"https://edition.cnn.com/2021/03/15/economy/stimulus-economy-biden-2022/index.html","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1167584552","content_text":"New York (CNN Business)- President Joe Biden's $1.9 trillion economic rescue is so massive that economists are marking up their growth forecasts for not just this year, but next as well.\nGoldman Sachs predicts the US economy will rebound sharply from the pandemic, registering China-like GDP growth of 7% in 2021. That would be the fastest pace for the United States since 1984 under Ronald Reagan.\nOver the weekend, Goldman Sachs, citing the larger-than-expected American Rescue Plan,also bumped up its 2022 growth forecast to 5.1%. That is up from the bank's previous prediction of 4.5% and well above the consensus of 3.8%.\nIf this optimistic view proves accurate, it will translate to stronger job prospects for Americans. Goldman Sachs improved its labor market outlook, predicting the unemployment rate will plunge from the current level of 6.2%to just 4% by the end of this year. The jobless rate is projected to keep tumbling and match the 50-year low of 3.5% by the end of 2022.\nTaken together, the upbeat forecasts underscore the profound impact of the massive wave of stimulus approved by Congress and the White House. The most surprising part of what emerged from Washington is that Biden, armed with only narrow majorities in the Senate and House of Representatives, got almost everything he wanted.\n\"The final bill was closer to the original Biden proposal than we expected,\" Goldman Sachs economists wrote in a report.\nThe Wall Street bank previously estimated Congress would enact a smaller stimulus package totaling about $1.5 trillion. And before Democrats swept the Georgia Senate races, Goldman Sachs was modeling for just $750 billion in fiscal stimulus.\nThe American Rescue Plan includes $1,400 stimulus checks, enhanced unemployment benefits, $350 billion in state and local aid and larger child tax credits. Biden's efforts to include a $15 federal minimum wage were unsuccessful.\n'Springtime in America'\nBeyond the stimulus package, economists are more upbeat on the economy because of progress in defeating the pandemic.\nThe rollout of vaccines has accelerated since the start of the year and many governors have felt confident enough to ease health restrictions that have crushed restaurants, movie theaters and entertainment venues. US airline traffic is also gathering momentum, with more people traveling by air over the past four days than in any four-day period since the start of the pandemic.\n\"President Reagan famously ran on it being \"Morning in America\" and we can't help but feel it is Springtime in America,\" Raymond James strategists wrote in a note Monday. \"It feels like we are on the cusp of leaving a long dark winter of Covid.\"\nMeanwhile, there are signs that Washington will not rush to remove some of its support for the economy.\nGoldman Sachs is now expecting stronger fiscal support beyond 2021. Specifically, the bank now assumes Congress will extend the larger child tax credit beyond its expiration at the end of this year and continue providing expanded unemployment insurance eligibility and benefit duration through 2022.\nHiring rebound in schools\nAnother reason for optimism: Uncle Sam is rescuing state and local governments. And that in turn should help repair shrinking municipal payrolls.\nState and local governments shed a staggering 1.3 million jobs in 2020, outpacing the losses during the Great Recession, and few of them have returned, according to Goldman Sachs. The vast majority of those job losses are linked to closed schools.\nBut Washington learned a tough lesson from last decade, when hurting state and local governments took many years to recover from the Great Recession. Government hiring remained weak and that weighed on the overall recovery.\nBy contrast, over the past year Washington has approved a stunning $800 billion in aid and education funds for state and local governments. That's why Goldman Sachs expects at least two-thirds of the state and local jobs lost during the pandemic to return by the time schools open in September — bolstering payrolls by 900,000 jobs by the end of this third quarter.\nInflation jitters\nAll of this spending from Washington has raised concerns on Wall Street that the era of soft inflation and rock-bottom interest rates could soon be over. Treasury yields have spiked in recent weeks on inflation fears and further increases could make stocks look less attractive compared with boring bonds.\nFederal Reserve Chairman Jerome Powell will seek to reassure investors this week that the US central bank is in no rush to end its bond purchases, let alone raise interest rates. Powell does not want a repeat of the 2013 \"taper tantrum,\" when investors freaked out because the Fed said it would slowly dial back its bond purchases.\n\"Eventually, the bond market has to adjust to a new reality of a recovered economy and it may well throw a tantrum as it does so,\" David Kelly, chief global strategist at JPMorgan Funds, wrote in a note to clients Monday.\nHowever, Kelly thinks Powell and the Fed should just rip off the band-aid and prepare investors for higher rates ahead.\n\"As a parent, it is better to stand your ground and endure the tantrums of a 4-year-old,\" he said, \"rather than always give in and later face the more destructive tantrums of a teenager.\"","news_type":1},"isVote":1,"tweetType":1,"viewCount":408,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":325950462,"gmtCreate":1615858930656,"gmtModify":1703494072259,"author":{"id":"3577348611873740","authorId":"3577348611873740","name":"Limmy","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3577348611873740","authorIdStr":"3577348611873740"},"themes":[],"htmlText":"Lol","listText":"Lol","text":"Lol","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/325950462","repostId":"2119170941","repostType":4,"repost":{"id":"2119170941","kind":"news","weMediaInfo":{"introduction":"Stock Market Quotes, Business News, Financial News, Trading Ideas, and Stock Research by Professionals","home_visible":0,"media_name":"Benzinga","id":"1052270027","head_image":"https://static.tigerbbs.com/d08bf7808052c0ca9deb4e944cae32aa"},"pubTimestamp":1615858807,"share":"https://www.laohu8.com/m/news/2119170941?lang=&edition=full","pubTime":"2021-03-16 09:40","market":"us","language":"en","title":"What Musk's 'Technoking' Title, Tesla's New Truck Exec Mean For Automaker's Tech, Bitcoin, Semi Plans","url":"https://stock-news.laohu8.com/highlight/detail?id=2119170941","media":"Benzinga","summary":"Tesla, Inc.  revealed an added title for CEO Elon Musk and a management change in two SEC filings Monday.The Tesla Analyst:  Wedbush analyst Daniel Ives has a Neutral rating on Tesla with a $950 price target.The Tesla Thesis:  The title of \"Technoking of Tesla\" is a hint at Musk viewing Tesla as a technology disruptor in the future, especially with robotaxis, full self-driving and massive technology advancements on the horizon, Ives said in a note.The new title of \"Master of Coin\" given to CFO Z","content":"<p><img src=\"https://static.tigerbbs.com/bd2a4e1cc0ee6c602a1d76dff5e53292\" tg-width=\"600\" tg-height=\"400\" referrerpolicy=\"no-referrer\"></p>\n<p><b>Tesla, Inc. </b>(NASDAQ: TSLA) revealed an added title for CEO Elon Musk and a management change in&nbsp;two SEC filings Monday.</p>\n<p><b>The Tesla Analyst: </b> Wedbush analyst Daniel Ives has a Neutral rating on Tesla with a&nbsp;$950 price target.</p>\n<p><b>The Tesla Thesis: </b> The title of \"Technoking of Tesla\"&nbsp;is a hint at Musk viewing Tesla as a technology disruptor in the future, especially with robotaxis, full self-driving and massive technology advancements on the horizon, Ives said in a note.</p>\n<p>The new title of \"Master of Coin\"&nbsp;given to CFO Zach Kirkhorn is a signal that the company will increase its Bitcoin ownership in the coming years, the analyst said.</p>\n<p>The company may have made roughly $1.2 billion in paper profit on its bitcoin investment, he said.</p>\n<p>Jerome Guillen moving to the heavy truck frontier is a significant strategic move, underlining Tesla's plans to double down on its semi and trucking vision over the next few years, Ives said.</p>\n<p>Over the weekend, Tesla released a video of its new electric semi-truck prototype on the test track at Fremont, the analyst said.</p>\n<p>\"We continue to believe this is a 2022 model release that will be discussed in more detail over the coming months from Tesla as production plans start to develop.\"</p>\n<p>Tesla's success in ramping its EV initiatives and demand in China for the month of March will likely catalyze shares higher, according to Wedbush.</p>\n<p><b>TSLA Price Action: </b>At last check, Tesla shares were down 0.17% to $693.52.</p>\n<p><b>Latest Ratings for TSLA</b></p>\n<table>\n <tbody>\n  <tr>\n   <th>Date</th>\n   <th>Firm</th>\n   <th>Action</th>\n   <th>From</th>\n   <th>To</th>\n  </tr>\n </tbody>\n <tbody>\n  <tr>\n   <td>Mar 2021</td>\n   <td>Mizuho</td>\n   <td>Initiates Coverage On</td>\n   <td></td>\n   <td>Buy</td>\n  </tr>\n  <tr>\n   <td>Mar 2021</td>\n   <td>New Street</td>\n   <td>Upgrades</td>\n   <td>Neutral</td>\n   <td>Buy</td>\n  </tr>\n  <tr>\n   <td>Feb 2021</td>\n   <td><a href=\"https://laohu8.com/S/MSTLW\">Morgan Stanley</a></td>\n   <td>Maintains</td>\n   <td></td>\n   <td>Overweight</td>\n  </tr>\n </tbody>\n</table>","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 Musk's 'Technoking' Title, Tesla's New Truck Exec Mean For Automaker's Tech, Bitcoin, Semi Plans</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 Musk's 'Technoking' Title, Tesla's New Truck Exec Mean For Automaker's Tech, Bitcoin, Semi Plans\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/d08bf7808052c0ca9deb4e944cae32aa);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Benzinga </p>\n<p class=\"h-time\">2021-03-16 09:40</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<p><img src=\"https://static.tigerbbs.com/bd2a4e1cc0ee6c602a1d76dff5e53292\" tg-width=\"600\" tg-height=\"400\" referrerpolicy=\"no-referrer\"></p>\n<p><b>Tesla, Inc. </b>(NASDAQ: TSLA) revealed an added title for CEO Elon Musk and a management change in&nbsp;two SEC filings Monday.</p>\n<p><b>The Tesla Analyst: </b> Wedbush analyst Daniel Ives has a Neutral rating on Tesla with a&nbsp;$950 price target.</p>\n<p><b>The Tesla Thesis: </b> The title of \"Technoking of Tesla\"&nbsp;is a hint at Musk viewing Tesla as a technology disruptor in the future, especially with robotaxis, full self-driving and massive technology advancements on the horizon, Ives said in a note.</p>\n<p>The new title of \"Master of Coin\"&nbsp;given to CFO Zach Kirkhorn is a signal that the company will increase its Bitcoin ownership in the coming years, the analyst said.</p>\n<p>The company may have made roughly $1.2 billion in paper profit on its bitcoin investment, he said.</p>\n<p>Jerome Guillen moving to the heavy truck frontier is a significant strategic move, underlining Tesla's plans to double down on its semi and trucking vision over the next few years, Ives said.</p>\n<p>Over the weekend, Tesla released a video of its new electric semi-truck prototype on the test track at Fremont, the analyst said.</p>\n<p>\"We continue to believe this is a 2022 model release that will be discussed in more detail over the coming months from Tesla as production plans start to develop.\"</p>\n<p>Tesla's success in ramping its EV initiatives and demand in China for the month of March will likely catalyze shares higher, according to Wedbush.</p>\n<p><b>TSLA Price Action: </b>At last check, Tesla shares were down 0.17% to $693.52.</p>\n<p><b>Latest Ratings for TSLA</b></p>\n<table>\n <tbody>\n  <tr>\n   <th>Date</th>\n   <th>Firm</th>\n   <th>Action</th>\n   <th>From</th>\n   <th>To</th>\n  </tr>\n </tbody>\n <tbody>\n  <tr>\n   <td>Mar 2021</td>\n   <td>Mizuho</td>\n   <td>Initiates Coverage On</td>\n   <td></td>\n   <td>Buy</td>\n  </tr>\n  <tr>\n   <td>Mar 2021</td>\n   <td>New Street</td>\n   <td>Upgrades</td>\n   <td>Neutral</td>\n   <td>Buy</td>\n  </tr>\n  <tr>\n   <td>Feb 2021</td>\n   <td><a href=\"https://laohu8.com/S/MSTLW\">Morgan Stanley</a></td>\n   <td>Maintains</td>\n   <td></td>\n   <td>Overweight</td>\n  </tr>\n </tbody>\n</table>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"TSLA":"特斯拉"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2119170941","content_text":"Tesla, Inc. (NASDAQ: TSLA) revealed an added title for CEO Elon Musk and a management change in two SEC filings Monday.\nThe Tesla Analyst:  Wedbush analyst Daniel Ives has a Neutral rating on Tesla with a $950 price target.\nThe Tesla Thesis:  The title of \"Technoking of Tesla\" is a hint at Musk viewing Tesla as a technology disruptor in the future, especially with robotaxis, full self-driving and massive technology advancements on the horizon, Ives said in a note.\nThe new title of \"Master of Coin\" given to CFO Zach Kirkhorn is a signal that the company will increase its Bitcoin ownership in the coming years, the analyst said.\nThe company may have made roughly $1.2 billion in paper profit on its bitcoin investment, he said.\nJerome Guillen moving to the heavy truck frontier is a significant strategic move, underlining Tesla's plans to double down on its semi and trucking vision over the next few years, Ives said.\nOver the weekend, Tesla released a video of its new electric semi-truck prototype on the test track at Fremont, the analyst said.\n\"We continue to believe this is a 2022 model release that will be discussed in more detail over the coming months from Tesla as production plans start to develop.\"\nTesla's success in ramping its EV initiatives and demand in China for the month of March will likely catalyze shares higher, according to Wedbush.\nTSLA Price Action: At last check, Tesla shares were down 0.17% to $693.52.\nLatest Ratings for TSLA\n\n\n\nDate\nFirm\nAction\nFrom\nTo\n\n\n\n\nMar 2021\nMizuho\nInitiates Coverage On\n\nBuy\n\n\nMar 2021\nNew Street\nUpgrades\nNeutral\nBuy\n\n\nFeb 2021\nMorgan Stanley\nMaintains\n\nOverweight","news_type":1},"isVote":1,"tweetType":1,"viewCount":320,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"lives":[]}