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05:34","market":"us","language":"en","title":"Fed Sees Two Rate Hikes by End of 2023, Inches Towards Taper","url":"https://stock-news.laohu8.com/highlight/detail?id=2144270718","media":"Bloomberg","summary":"Thirteen of 18 officials see at least one rate hike in 2023\nPowell says Fed to begin discussing scal","content":"<ul>\n <li>Thirteen of 18 officials see at least one rate hike in 2023</li>\n <li>Powell says Fed to begin discussing scaling back bond buying</li>\n</ul>\n<p>Federal Reserve officials sped up their expected pace of policy tightening amid optimism about the labor market and heightened concerns for inflation.</p>\n<p>Fed Chair Jerome Powell told a press conference Wednesday that officials would begin a discussion about scaling back bond purchases used to support financial markets and the economy during the pandemic.</p>\n<p>They also released forecasts that show they anticipate two interest-rate increases by the end of 2023 -- sooner than many thought -- and they upgraded estimates for inflation for the next three years.</p>\n<p>“The economy has clearly made progress,” Powell said after a two-day gathering of the Federal Open Market Committee. “You can think of this meeting as the talking-about-talking-about meeting, if you like,” he added, referring to the discussion about tapering purchases.</p>\n<p><img src=\"https://static.tigerbbs.com/b2eca74e7277de2e0f189f2489e9069e\" tg-width=\"1367\" tg-height=\"616\"></p>\n<p>The central bank held the target range for its benchmark policy rate unchanged at zero to 0.25%, where it’s been since March 2020, and maintained the $120 billion pace of its monthly bond purchases. The Federal Open Market Committee vote was unanimous.</p>\n<p>The more aggressive signal from the Fed’s forecasts saw the dollar rise, stocks decline and yields on 10-year Treasuries jump.</p>\n<p>“It’s a hawkish surprise,” said Thomas Costerg, senior U.S. economist at Pictet Wealth Management, referring to the rate projections. “We are looking at a Fed that seems positively surprised by the speed of vaccinations and the ongoing withdrawal of social-distancing measures.”</p>\n<p>The quarterly projections showed 13 of 18 officials favored at least one rate increase by the end of 2023, versus seven in March. Eleven officials saw at least two hikes by the end of that year. In addition, seven of them saw a move as early as 2022, up from four.</p>\n<p>“The dots should be taken with a big grain of salt,” Powell said, referring to the interest-rate forecasts. He cautioned that discussions about raising rates would be “highly premature.”</p>\n<p>The Fed marked up its inflation forecasts through the end of 2023. Officials see their preferred measure of price pressures rising 3.4% in 2021 compared with a March projection of 2.4%. The 2022 forecast rose to 2.1% from 2%, and the 2023 estimate was raised to 2.2% from 2.1%.</p>\n<p>Consumer-price pressures have proven hotter than expected over the last two months. Labor Department figures showed a 0.8% jump in prices in April and a 0.6% rise in May, marking the two biggest monthly increases since 2009.</p>\n<p><img src=\"https://static.tigerbbs.com/b6a86414293205edfd0f505fd64c5ef7\" tg-width=\"1200\" tg-height=\"675\"></p>\n<p>“As the reopening continues, shifts in demand can be large and rapid, and bottlenecks, hiring difficulties and other constraints could continue to limit how quickly supply can adjust -- raising the possibility that inflation could turn out to be higher and more persistent than we expect,” Powell said.</p>\n<p>Labor Department reports on employment published since the last gathering of the FOMC in late April, on the other hand, have disappointed relative to forecasters’ expectations. The U.S. unemployment rate was still elevated at 5.8% in May, with total employment still millions of jobs below pre-pandemic levels.</p>\n<p>Even so, the FOMC median projection for unemployment in the fourth quarter of 2021 was unchanged at 4.5%, and the median estimate for the same quarter a year later was marked down to 3.8% from 3.9%. The 2023 forecast was held at 3.5%.</p>\n<p>“I am confident that we are on a path to a very strong labor market,” Powell told reporters. “We learned during the course of the last very long expansion, the longest in our history, that labor supply during a long expansion can exceed expectations.”</p>\n<p><b>GDP Forecasts</b></p>\n<p>The U.S. economic recovery is gathering strength as business restrictions lift and social activity increases across the country. Robust demand from consumers and businesses alike has outstripped capacity, leading to bottlenecks in the supply chain, longer lead times and higher prices.</p>\n<p>Fed officials have said such “fits and starts” are to be expected given the unprecedented nature of the pandemic and expressed optimism about the outlook for the second half of the year as more Americans get vaccinated.</p>\n<p>The FOMC raised its projections for economic growth. Gross domestic product was seen expanding 7% this year, up from a prior projection of 6.5%. It maintained the 2022 expansion forecast at 3.3% and raised the 2023 estimate to 2.4% from March’s 2.2%.</p>","source":"lsy1584095487587","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>Fed Sees Two Rate Hikes by End of 2023, Inches Towards Taper</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\">\nFed Sees Two Rate Hikes by End of 2023, Inches Towards Taper\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-17 05:34 GMT+8 <a href=https://www.bloomberg.com/news/articles/2021-06-16/fed-holds-rates-at-zero-projects-two-hikes-by-the-end-of-2023?srnd=premium-asia><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Thirteen of 18 officials see at least one rate hike in 2023\nPowell says Fed to begin discussing scaling back bond buying\n\nFederal Reserve officials sped up their expected pace of policy tightening ...</p>\n\n<a href=\"https://www.bloomberg.com/news/articles/2021-06-16/fed-holds-rates-at-zero-projects-two-hikes-by-the-end-of-2023?srnd=premium-asia\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".IXIC":"NASDAQ Composite",".DJI":"道琼斯",".SPX":"S&P 500 Index"},"source_url":"https://www.bloomberg.com/news/articles/2021-06-16/fed-holds-rates-at-zero-projects-two-hikes-by-the-end-of-2023?srnd=premium-asia","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2144270718","content_text":"Thirteen of 18 officials see at least one rate hike in 2023\nPowell says Fed to begin discussing scaling back bond buying\n\nFederal Reserve officials sped up their expected pace of policy tightening amid optimism about the labor market and heightened concerns for inflation.\nFed Chair Jerome Powell told a press conference Wednesday that officials would begin a discussion about scaling back bond purchases used to support financial markets and the economy during the pandemic.\nThey also released forecasts that show they anticipate two interest-rate increases by the end of 2023 -- sooner than many thought -- and they upgraded estimates for inflation for the next three years.\n“The economy has clearly made progress,” Powell said after a two-day gathering of the Federal Open Market Committee. “You can think of this meeting as the talking-about-talking-about meeting, if you like,” he added, referring to the discussion about tapering purchases.\n\nThe central bank held the target range for its benchmark policy rate unchanged at zero to 0.25%, where it’s been since March 2020, and maintained the $120 billion pace of its monthly bond purchases. The Federal Open Market Committee vote was unanimous.\nThe more aggressive signal from the Fed’s forecasts saw the dollar rise, stocks decline and yields on 10-year Treasuries jump.\n“It’s a hawkish surprise,” said Thomas Costerg, senior U.S. economist at Pictet Wealth Management, referring to the rate projections. “We are looking at a Fed that seems positively surprised by the speed of vaccinations and the ongoing withdrawal of social-distancing measures.”\nThe quarterly projections showed 13 of 18 officials favored at least one rate increase by the end of 2023, versus seven in March. Eleven officials saw at least two hikes by the end of that year. In addition, seven of them saw a move as early as 2022, up from four.\n“The dots should be taken with a big grain of salt,” Powell said, referring to the interest-rate forecasts. He cautioned that discussions about raising rates would be “highly premature.”\nThe Fed marked up its inflation forecasts through the end of 2023. Officials see their preferred measure of price pressures rising 3.4% in 2021 compared with a March projection of 2.4%. The 2022 forecast rose to 2.1% from 2%, and the 2023 estimate was raised to 2.2% from 2.1%.\nConsumer-price pressures have proven hotter than expected over the last two months. Labor Department figures showed a 0.8% jump in prices in April and a 0.6% rise in May, marking the two biggest monthly increases since 2009.\n\n“As the reopening continues, shifts in demand can be large and rapid, and bottlenecks, hiring difficulties and other constraints could continue to limit how quickly supply can adjust -- raising the possibility that inflation could turn out to be higher and more persistent than we expect,” Powell said.\nLabor Department reports on employment published since the last gathering of the FOMC in late April, on the other hand, have disappointed relative to forecasters’ expectations. The U.S. unemployment rate was still elevated at 5.8% in May, with total employment still millions of jobs below pre-pandemic levels.\nEven so, the FOMC median projection for unemployment in the fourth quarter of 2021 was unchanged at 4.5%, and the median estimate for the same quarter a year later was marked down to 3.8% from 3.9%. The 2023 forecast was held at 3.5%.\n“I am confident that we are on a path to a very strong labor market,” Powell told reporters. “We learned during the course of the last very long expansion, the longest in our history, that labor supply during a long expansion can exceed expectations.”\nGDP Forecasts\nThe U.S. economic recovery is gathering strength as business restrictions lift and social activity increases across the country. Robust demand from consumers and businesses alike has outstripped capacity, leading to bottlenecks in the supply chain, longer lead times and higher prices.\nFed officials have said such “fits and starts” are to be expected given the unprecedented nature of the pandemic and expressed optimism about the outlook for the second half of the year as more Americans get vaccinated.\nThe FOMC raised its projections for economic growth. Gross domestic product was seen expanding 7% this year, up from a prior projection of 6.5%. It maintained the 2022 expansion forecast at 3.3% and raised the 2023 estimate to 2.4% from March’s 2.2%.","news_type":1},"isVote":1,"tweetType":1,"viewCount":26,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":184450587,"gmtCreate":1623722451749,"gmtModify":1634029566937,"author":{"id":"3577922188961475","authorId":"3577922188961475","authorIdStr":"3577922188961475","name":"Meili","avatar":"https://static.tigerbbs.com/176906018d158655bfa76be27614b6e9","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3577922188961475"},"themes":[],"htmlText":"👍👍👍","listText":"👍👍👍","text":"👍👍👍","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/184450587","repostId":"1109202972","repostType":4,"isVote":1,"tweetType":1,"viewCount":37,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":184422652,"gmtCreate":1623722329976,"gmtModify":1634029569959,"author":{"id":"3577922188961475","authorId":"3577922188961475","authorIdStr":"3577922188961475","name":"Meili","avatar":"https://static.tigerbbs.com/176906018d158655bfa76be27614b6e9","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3577922188961475"},"themes":[],"htmlText":"👀👀","listText":"👀👀","text":"👀👀","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/184422652","repostId":"1107864485","repostType":4,"isVote":1,"tweetType":1,"viewCount":19,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":184468529,"gmtCreate":1623721982061,"gmtModify":1634029579154,"author":{"id":"3577922188961475","authorId":"3577922188961475","authorIdStr":"3577922188961475","name":"Meili","avatar":"https://static.tigerbbs.com/176906018d158655bfa76be27614b6e9","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3577922188961475"},"themes":[],"htmlText":"🤟🏻🤟🏻","listText":"🤟🏻🤟🏻","text":"🤟🏻🤟🏻","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/184468529","repostId":"1127219232","repostType":4,"isVote":1,"tweetType":1,"viewCount":61,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"hots":[{"id":167285953,"gmtCreate":1624270980672,"gmtModify":1634008627280,"author":{"id":"3577922188961475","authorId":"3577922188961475","authorIdStr":"3577922188961475","name":"Meili","avatar":"https://static.tigerbbs.com/176906018d158655bfa76be27614b6e9","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3577922188961475"},"themes":[],"htmlText":"nice ","listText":"nice ","text":"nice","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/167285953","repostId":"1149447128","repostType":4,"repost":{"id":"1149447128","pubTimestamp":1624269214,"share":"https://www.laohu8.com/m/news/1149447128?lang=&edition=full","pubTime":"2021-06-21 17:53","market":"us","language":"en","title":"Cathie Wood Inspires Boom in New Funds That Upend ETF Order","url":"https://stock-news.laohu8.com/highlight/detail?id=1149447128","media":"Bloomberg","summary":"(Bloomberg) -- Not so long ago, actively managed ETFs were rare. Now they’re being created at twice ","content":"<p>(Bloomberg) -- Not so long ago, actively managed ETFs were rare. Now they’re being created at twice the rate of their passive rivals.</p>\n<p><img src=\"https://static.tigerbbs.com/75b983206c1659db2a1178ae685bc1dc\" tg-width=\"704\" tg-height=\"413\" referrerpolicy=\"no-referrer\"></p>\n<p>Inspired by the success of Cathie Wood’s ARK Innovation ETF (ticker ARKK), exchange-traded fund issuers have this year launched 115 active products versus just 51 passive funds, according to data compiled by Bloomberg.</p>\n<p>That’s the first time active launches have ever outstripped passive, and it’s powering the $6.5 trillion ETF market toward its busiest 12 months on record.</p>\n<p>It’s a comeback of sorts for stock pickers, and in an unlikely corner of Wall Street. Most active managers fail to beat their benchmarks net of fees -- a fact that has seen passive ETFs lure roughly $3 trillion over the past decade, while active funds gained only about $200 billion.</p>\n<p>But a combination of new rules and the enduring popularity of ETFs with investors means a slow but major shift is underway.</p>\n<p>“It’s almost impossible to start a small to medium hedge fund as a single manager,” said Nathan Miller, portfolio manager for New York-based Emles Advisors. “So we thought why go launch another hedge fund? Let’s launch an actively managed ETF.”</p>\n<p>The Emles Alpha Opportunities ETF (EOPS), which packages fast-money strategies in an exchange-traded wrapper, is one of the more recent active arrivals. It listed less than two weeks ago and already has about $66 million in assets.</p>\n<p>Major rule changes in late 2019 paved the way for funds like EOPS. It became easier to deploy stock-picking strategies in an ETF, and new structures evolved that would help keep exact investment strategies hidden.</p>\n<p>Active funds remain a small slice of the industry, and their assets make up just 3.4% of the overall ETF market. But that’s up from 2.7% a year ago. And in a sign the trend could continue, several large Wall Street firms who long held-out against ETFs are now embracing them.</p>\n<p><b>Thematic Boom</b></p>\n<p>Firms are also ramping up their thematic offerings, which invest according to compelling narratives like autonomous driving or sports betting.</p>\n<p>A record 22 thematic funds have launched since the start of the year, including Wood’s $619 million ARK Space Exploration ETF (ARKX) and BlackRock Inc.’s $1.4 billion U.S. Carbon Transition Readiness ETF (LCTU), which set a record in April with the industry’s biggest-ever launch.</p>\n<p>Roundhill Investments’ MVP ETF, which is focused on companies that own or support professional sports teams, Defiance’s Hotel Airline and Cruise ETF (CRUZ) and Bitwise Asset Management’s Crypto Industry Innovators ETF (BITQ) were among other thematic debuts.</p>\n<p><img src=\"https://static.tigerbbs.com/1ba7e61196a86a23b598ee23fa4d859a\" tg-width=\"705\" tg-height=\"398\" referrerpolicy=\"no-referrer\"></p>\n<p>For many, the aim is to tap the boom in retail investing that has seen individuals grow to comprise more than 20% of equity trading participation, according to Bloomberg Intelligence.</p>\n<p>“That’s really been a catalyst to help get some of these thematic ETFs off the ground quickly,” said Ben Slavin, head of ETFs for BNY Mellon Asset Servicing.</p>\n<p>Although not technically classified as a thematic fund, the retail-friendly VanEck Vectors Social Sentiment ETF (BUZZ) made waves earlier this year when it launched with an endorsement from Barstool Sports Inc. founder Dave Portnoy.</p>\n<p>The fund posted one of the best debuts in the industry’s history in March and currently has more than $243 million in assets.</p>\n<p><b>Hanging On</b></p>\n<p>As the new-arrival count surges, the number of exiting funds has plunged.</p>\n<p>So far this year, only 19 ETFs have liquidated or delisted, according to data compiled by Bloomberg. That compares with 104 in the first half of 2020, and 79 during the same period in 2019.</p>\n<p>Much of that endurance can be attributed to the bull market. Stocks have been repeatedly breaking records and cash has been flowing readily through the market. About 67% of U.S.-listed ETFs have taken in cash so far in 2021, according to Bloomberg Intelligence -- meaning issuers are less likely to pull the plug.</p>\n<p>“There’s generally increased optimism as we come out of the pandemic, and people are more excited and feeling more optimistic about their business development,” said Amrita Nandakumar, president of Vident Investment Advisory. “Fundraising is easier in a bull market.”</p>\n<p><img src=\"https://static.tigerbbs.com/64280781905ddf7c1ea631049965afd0\" tg-width=\"705\" tg-height=\"398\"></p>","source":"lsy1584095487587","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>Cathie Wood Inspires Boom in New Funds That Upend ETF Order</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\">\nCathie Wood Inspires Boom in New Funds That Upend ETF Order\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-21 17:53 GMT+8 <a href=https://finance.yahoo.com/news/passive-investing-world-turned-upside-120000358.html><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>(Bloomberg) -- Not so long ago, actively managed ETFs were rare. Now they’re being created at twice the rate of their passive rivals.\n\nInspired by the success of Cathie Wood’s ARK Innovation ETF (...</p>\n\n<a href=\"https://finance.yahoo.com/news/passive-investing-world-turned-upside-120000358.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"https://finance.yahoo.com/news/passive-investing-world-turned-upside-120000358.html","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1149447128","content_text":"(Bloomberg) -- Not so long ago, actively managed ETFs were rare. Now they’re being created at twice the rate of their passive rivals.\n\nInspired by the success of Cathie Wood’s ARK Innovation ETF (ticker ARKK), exchange-traded fund issuers have this year launched 115 active products versus just 51 passive funds, according to data compiled by Bloomberg.\nThat’s the first time active launches have ever outstripped passive, and it’s powering the $6.5 trillion ETF market toward its busiest 12 months on record.\nIt’s a comeback of sorts for stock pickers, and in an unlikely corner of Wall Street. Most active managers fail to beat their benchmarks net of fees -- a fact that has seen passive ETFs lure roughly $3 trillion over the past decade, while active funds gained only about $200 billion.\nBut a combination of new rules and the enduring popularity of ETFs with investors means a slow but major shift is underway.\n“It’s almost impossible to start a small to medium hedge fund as a single manager,” said Nathan Miller, portfolio manager for New York-based Emles Advisors. “So we thought why go launch another hedge fund? Let’s launch an actively managed ETF.”\nThe Emles Alpha Opportunities ETF (EOPS), which packages fast-money strategies in an exchange-traded wrapper, is one of the more recent active arrivals. It listed less than two weeks ago and already has about $66 million in assets.\nMajor rule changes in late 2019 paved the way for funds like EOPS. It became easier to deploy stock-picking strategies in an ETF, and new structures evolved that would help keep exact investment strategies hidden.\nActive funds remain a small slice of the industry, and their assets make up just 3.4% of the overall ETF market. But that’s up from 2.7% a year ago. And in a sign the trend could continue, several large Wall Street firms who long held-out against ETFs are now embracing them.\nThematic Boom\nFirms are also ramping up their thematic offerings, which invest according to compelling narratives like autonomous driving or sports betting.\nA record 22 thematic funds have launched since the start of the year, including Wood’s $619 million ARK Space Exploration ETF (ARKX) and BlackRock Inc.’s $1.4 billion U.S. Carbon Transition Readiness ETF (LCTU), which set a record in April with the industry’s biggest-ever launch.\nRoundhill Investments’ MVP ETF, which is focused on companies that own or support professional sports teams, Defiance’s Hotel Airline and Cruise ETF (CRUZ) and Bitwise Asset Management’s Crypto Industry Innovators ETF (BITQ) were among other thematic debuts.\n\nFor many, the aim is to tap the boom in retail investing that has seen individuals grow to comprise more than 20% of equity trading participation, according to Bloomberg Intelligence.\n“That’s really been a catalyst to help get some of these thematic ETFs off the ground quickly,” said Ben Slavin, head of ETFs for BNY Mellon Asset Servicing.\nAlthough not technically classified as a thematic fund, the retail-friendly VanEck Vectors Social Sentiment ETF (BUZZ) made waves earlier this year when it launched with an endorsement from Barstool Sports Inc. founder Dave Portnoy.\nThe fund posted one of the best debuts in the industry’s history in March and currently has more than $243 million in assets.\nHanging On\nAs the new-arrival count surges, the number of exiting funds has plunged.\nSo far this year, only 19 ETFs have liquidated or delisted, according to data compiled by Bloomberg. That compares with 104 in the first half of 2020, and 79 during the same period in 2019.\nMuch of that endurance can be attributed to the bull market. Stocks have been repeatedly breaking records and cash has been flowing readily through the market. About 67% of U.S.-listed ETFs have taken in cash so far in 2021, according to Bloomberg Intelligence -- meaning issuers are less likely to pull the plug.\n“There’s generally increased optimism as we come out of the pandemic, and people are more excited and feeling more optimistic about their business development,” said Amrita Nandakumar, president of Vident Investment Advisory. “Fundraising is easier in a bull market.”","news_type":1},"isVote":1,"tweetType":1,"viewCount":52,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":166651166,"gmtCreate":1624007614255,"gmtModify":1634024203573,"author":{"id":"3577922188961475","authorId":"3577922188961475","authorIdStr":"3577922188961475","name":"Meili","avatar":"https://static.tigerbbs.com/176906018d158655bfa76be27614b6e9","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3577922188961475"},"themes":[],"htmlText":"👀","listText":"👀","text":"👀","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/166651166","repostId":"1133723804","repostType":4,"repost":{"id":"1133723804","pubTimestamp":1624006285,"share":"https://www.laohu8.com/m/news/1133723804?lang=&edition=full","pubTime":"2021-06-18 16:51","market":"fut","language":"en","title":"Some Commodities Have Now Wiped Out All of Their 2021 Rally","url":"https://stock-news.laohu8.com/highlight/detail?id=1133723804","media":"Bloomberg","summary":"(Bloomberg) -- For all the talk of a commodities boom, some markets have now wiped out gains for the","content":"<p>(Bloomberg) -- For all the talk of a commodities boom, some markets have now wiped out gains for the year and several more are close to doing so.</p>\n<p>Soybean futures have erased their 2021 advance, sliding more than 20% from an eight-year high reached in May, while corn and wheat have also tumbled. The Bloomberg Grains Spot Subindex slid the most since 2009 on Thursday, before edging higher on Friday as markets recovered some losses. Other commodities that have seen their big rallies evaporate include platinum, while once-surging nickel, sugar and even lumber have faltered.</p>\n<p>The fact that some markets are falling while others -- including crude oil and tin -- are holding gains underscores how unevenly the complex is responding to economies reopening and expanding once again. While those materials have climbed on strong demand fundamentals, others face their own unique headwinds, such as an easing supply worries in soybeans and monetary policy uncertainty in the case of gold and silver.</p>\n<p>Some materials also took a hit this week on the Federal Reserve’s signals for interest-rate increases, a rising dollar and China’s efforts to slow inflation. The Asian country has said it will release metals from state reserves in a timely manner to push prices back to a normal range, ramping up efforts to cool the surge in commodities.</p>\n<p>“Risk-off is front and center thanks to the hawkish words from the Fed, which came on the back of the Chinese government-led directives over prior weeks,” said Michael Cuoco, head of hedge-fund sales for metals and bulk materials at StoneX Group. “Central-bank stimulus helped the markets gather steam in the spring of 2020, and now there is a bit of a macro reset.”</p>\n<p>Even some of the markets that are clearly benefiting from the reopening are seeing a pullback, with copper heading for its worst week in more than a year. A big backwardation in many commodities and seasonality accounts for some of the recent slump as futures contracts roll over, while improving weather is hurting prices of many agricultural products.</p>\n<p>Soybean futures in Chicago bounced more than 2% on Friday, but are still heading for a weekly loss of about 11%, the worst performance in seven years. Corn and wheat also recovered a part of Thursday’s declines.Base metals were mixed following losses on Thursday. Copper fell 0.8% on the London Metal Exchange and headed for its biggest weekly loss since March 2020. Nickel rose 0.9%. Iron ore slid 1.2% in Singapore.Precious metals rebounded, after substantial declines. Gold added 1.1%, while palladium rose about 3% after Thursday’s 11% slump.Chinese futures caught up with the overnight rout. Rapeseed and soybean oil slid, and copper and zinc dropped.</p>","source":"lsy1612507957220","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>Some Commodities Have Now Wiped Out All of Their 2021 Rally</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\">\nSome Commodities Have Now Wiped Out All of Their 2021 Rally\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-18 16:51 GMT+8 <a href=https://finance.yahoo.com/news/amid-talk-supercycle-commodities-wipe-181326277.html><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>(Bloomberg) -- For all the talk of a commodities boom, some markets have now wiped out gains for the year and several more are close to doing so.\nSoybean futures have erased their 2021 advance, ...</p>\n\n<a href=\"https://finance.yahoo.com/news/amid-talk-supercycle-commodities-wipe-181326277.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"https://finance.yahoo.com/news/amid-talk-supercycle-commodities-wipe-181326277.html","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1133723804","content_text":"(Bloomberg) -- For all the talk of a commodities boom, some markets have now wiped out gains for the year and several more are close to doing so.\nSoybean futures have erased their 2021 advance, sliding more than 20% from an eight-year high reached in May, while corn and wheat have also tumbled. The Bloomberg Grains Spot Subindex slid the most since 2009 on Thursday, before edging higher on Friday as markets recovered some losses. Other commodities that have seen their big rallies evaporate include platinum, while once-surging nickel, sugar and even lumber have faltered.\nThe fact that some markets are falling while others -- including crude oil and tin -- are holding gains underscores how unevenly the complex is responding to economies reopening and expanding once again. While those materials have climbed on strong demand fundamentals, others face their own unique headwinds, such as an easing supply worries in soybeans and monetary policy uncertainty in the case of gold and silver.\nSome materials also took a hit this week on the Federal Reserve’s signals for interest-rate increases, a rising dollar and China’s efforts to slow inflation. The Asian country has said it will release metals from state reserves in a timely manner to push prices back to a normal range, ramping up efforts to cool the surge in commodities.\n“Risk-off is front and center thanks to the hawkish words from the Fed, which came on the back of the Chinese government-led directives over prior weeks,” said Michael Cuoco, head of hedge-fund sales for metals and bulk materials at StoneX Group. “Central-bank stimulus helped the markets gather steam in the spring of 2020, and now there is a bit of a macro reset.”\nEven some of the markets that are clearly benefiting from the reopening are seeing a pullback, with copper heading for its worst week in more than a year. A big backwardation in many commodities and seasonality accounts for some of the recent slump as futures contracts roll over, while improving weather is hurting prices of many agricultural products.\nSoybean futures in Chicago bounced more than 2% on Friday, but are still heading for a weekly loss of about 11%, the worst performance in seven years. Corn and wheat also recovered a part of Thursday’s declines.Base metals were mixed following losses on Thursday. Copper fell 0.8% on the London Metal Exchange and headed for its biggest weekly loss since March 2020. Nickel rose 0.9%. Iron ore slid 1.2% in Singapore.Precious metals rebounded, after substantial declines. Gold added 1.1%, while palladium rose about 3% after Thursday’s 11% slump.Chinese futures caught up with the overnight rout. Rapeseed and soybean oil slid, and copper and zinc dropped.","news_type":1},"isVote":1,"tweetType":1,"viewCount":172,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":184450587,"gmtCreate":1623722451749,"gmtModify":1634029566937,"author":{"id":"3577922188961475","authorId":"3577922188961475","authorIdStr":"3577922188961475","name":"Meili","avatar":"https://static.tigerbbs.com/176906018d158655bfa76be27614b6e9","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3577922188961475"},"themes":[],"htmlText":"👍👍👍","listText":"👍👍👍","text":"👍👍👍","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/184450587","repostId":"1109202972","repostType":4,"isVote":1,"tweetType":1,"viewCount":37,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":184468529,"gmtCreate":1623721982061,"gmtModify":1634029579154,"author":{"id":"3577922188961475","authorId":"3577922188961475","authorIdStr":"3577922188961475","name":"Meili","avatar":"https://static.tigerbbs.com/176906018d158655bfa76be27614b6e9","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3577922188961475"},"themes":[],"htmlText":"🤟🏻🤟🏻","listText":"🤟🏻🤟🏻","text":"🤟🏻🤟🏻","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/184468529","repostId":"1127219232","repostType":4,"repost":{"id":"1127219232","pubTimestamp":1623721396,"share":"https://www.laohu8.com/m/news/1127219232?lang=&edition=full","pubTime":"2021-06-15 09:43","market":"us","language":"en","title":"8 Hot Reddit Stocks That Could Be the Next Big Meme","url":"https://stock-news.laohu8.com/highlight/detail?id=1127219232","media":"InvestorPlace","summary":"Reddit stocks possess the potential to go on huge rallies in a short amount of time\nSource: Mehaniq ","content":"<p>Reddit stocks possess the potential to go on huge rallies in a short amount of time</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/8cbc7487a9d5d9b093022ecbc194c5e2\" tg-width=\"1024\" tg-height=\"576\"><span>Source: Mehaniq / Shutterstock.com</span></p>\n<p>Meme stocks, Reddit stocks — call them what you want, but they are back in action. This group has seen plenty of wild price action already, with more ongoing.</p>\n<p>Now, most traders aren’t strangers to a good old-fashioned short squeeze. But the price movement in 2021 has been nothing short of breathtaking, making wild entertainment for armchair analysts.</p>\n<p>The novel coronavirus wreaked havoc on the economy, supply chains and to an extent, our stock market. But coming into 2021, the market had actually done quite well. It shrugged off a global pandemic and made it through a hostile presidential election. It didn’t even flinch during the early January drama in Washington, D.C., when rioters stormed the Capitol.</p>\n<p>All of that helped lead to the massive rally we saw later in the month and into February. High-growth stocks, SPACs, IPOs and these new Reddit stocks were all the rage.</p>\n<p>Call them what you will, but these stocks have the potential to go on torrid rallies. Some rally hundreds of percent, others can jump thousands of percent over the course of weeks or months. Conversely, many see large gains that evaporate within a few days.</p>\n<p>That price action has gone from one or two stocks and has now spilled into dozens of different names.<b>AMC Entertainment</b>(NYSE:<b><u>AMC</u></b>) has been the recent leader. Here are eight others that may try to lead as well.</p>\n<ul>\n <li><b>GameStop</b>(NYSE:<b><u>GME</u></b>)</li>\n <li><b>Bed Bath & Beyond</b>(NASDAQ:<b><u>BBBY</u></b>)</li>\n <li><b>BlackBerry</b>(NYSE:<b><u>BB</u></b>)</li>\n <li><b>Virgin Galactic</b>(NYSE:<b><u>SPCE</u></b>)</li>\n <li><b>Wendy’s</b>(NASDAQ:<b><u>WEN</u></b>)</li>\n <li><b>Rocket Companies</b>(NYSE:<b><u>RKT</u></b>)</li>\n <li><b>ContextLogic</b>(NASDAQ:<b><u>WISH</u></b>)</li>\n <li><b>Palantir</b>(NYSE:<b><u>PLTR</u></b>)</li>\n</ul>\n<p>These companies span industries, but the investing thesis is all the same: These names gain traction on online forums as traders hunt for the next candidate to go up 40%, 50% or more in a single session. Then we see all sorts of epic short-squeezes higher.</p>\n<p><b>GameStop (GME)</b></p>\n<p>Can we even talk about Reddit stocks without talking about GameStop? Shares are trading well lately, but they haven’t soared like some of these other names. That said, GameStop is roughly a $250 stock — not a single-digit or sub-$20 name, like many others on this list.</p>\n<p>The company just reported earnings, beating both top- and bottom-line expectations. However the reaction was pretty tough, with shares tumbling on the report. Given its size, it may be difficult for investors to bid GME stock significantly higher, particularly now that its short interest has dropped to a more reasonable level.</p>\n<p>Still, GameStop has been one of the leaders of this short-squeeze movement and that means it could take off at any time.</p>\n<p>The company’s chairman is Ryan Cohen, co-founder and former CEO of <b>Chewy</b>(NYSE:<b><u>CHWY</u></b>). He’s looking for a new CEO who can lead the company’s e-commerce strategy.</p>\n<p>The valuation is high, but good news could trigger more upside. Keep an eye on this one.</p>\n<p><b>Bed Bath & Beyond (BBBY)</b></p>\n<p>I actually nominated Bed Bath & Beyond as my pick for the Best Stock of 2021. However, I didn’t do it under the assumption that “Reddit traders” and “meme stocks” would become a thing. When I initially covered this stock, it was all about the company’s transformation.</p>\n<p>Okay fine… part of the thesis<i>was</i>the massive short interest in BBBY stock coming into 2021. Still, I didn’t think we’d see such epic short squeezes across the board.</p>\n<p>Bed Bath & Beyond still has about 65% of its float sold short, although that figure is smaller vs. shares outstanding. Still, the company has turned things around as it focuses on e-commerce and omni-channel solutions. That’s helping fuel BBBY’s free cash flow and earnings and has allowed management to initiate a rather large share repurchase plan.</p>\n<p><b>BlackBerry (BB)</b></p>\n<p>With its low price point and legion of loyal bull traders, BlackBerry has found its way onto the list of traders’ favorite short-squeeze stocks.</p>\n<p>Seriously, there are some dedicated investors in this name. Some have been waiting for years. Others are new to the party. But both groups — and everyone in between — are looking at the bullish potential with BB stock.</p>\n<p>While BlackBerry may not have its smartphone in every business-person’s pocket anymore thanks to <b>Apple</b>(NASDAQ:<b><u>AAPL</u></b>), it does have good software. It also has strong security.</p>\n<p>Interestingly, the automotive industry has become a big contributor to BlackBerry’s business, thanks to all the software, security and interconnectivity of today’s vehicles. Again, good news could create a nice pop in this one if the bulls maintain momentum.</p>\n<p><b>Virgin Galactic (SPCE)</b></p>\n<p>Virgin Galactic has been a short-squeeze favorite for a while now. It’s simply too juicy of a stock<i>not</i>to trade when the environment is right. But let’s not miss Virgin for what it is — this is a speculative stock holding.</p>\n<p>The company doesn’t generate any meaningful revenue and currently operates at a loss due to development and operational overhead. Understandably, short-sellers like to lay into this one as a result. I mean, with no real revenue and an $8.5 billion market cap, who can blame them?</p>\n<p>However, when the short interest gets high (as it often does for SPCE stock), buyers can’t resist the urge to squeeze.</p>\n<p>Virgin hopes to become a space tourism company and is well on its way with its flight milestones. Additionally, it’s working with NASA on high-speed technology. The company recently filed for a shelf registration to sell up to $1 billion in stock, which only makes sense amid the current rally.</p>\n<p>While this would usually sap some of its momentum, a stock offering may trigger more upside in this crazy climate.</p>\n<p><b>Wendy’s (WEN)</b></p>\n<p>Wendy’s has suddenly found itself with a chair at the short-squeeze table. And honestly, this is a fascinating one for me.</p>\n<p>Shares were trading in relatively normal fashion and Wendy’s was never one of the big Reddit stocks back in January. But that didn’t stop the stock from surging more than 25% in a single day. This one is puzzling.</p>\n<p>Wendy’s stock doesn’t have a high short interest (less than 5%). It does have solid growth expectations, but that’s mostly due to a post-coronavirus rebound. However, revenue is forecast to grow 6.7% this year and 2.5% in 2022.</p>\n<p>Where all the hype is coming from, I’m not sure. But if the stock can hold up around $24 to $25, maybe it can retest its highs.</p>\n<p><b>Rocket Companies (RKT)</b></p>\n<p>Rocket Companies has taken the shorts to task before and I’m sure its investors would love nothing more than to do it again. That’s particularly true as shares fell 30% from the May high to the May low. And that<i>doesn’t</i>include the beatdown that Rocket Companies suffered from its first major squeeze higher in March.</p>\n<p>For the record, shares fell more than 60% from that peak to the May trough.</p>\n<p>Since then though, Rocket has found its footing. Unlike Wendy’s, this one does have a higher short interest, although at around 14%, it isn’t exactly high compared to previous Reddit stocks.</p>\n<p>But management has taken its own shots too. When the company reported earnings in February, it announced a special dividend of $1.11 per share. When holding short, short-sellers have to pay the per-share dividend out of their holdings. Further, the company announced a $1 billion buyback in November.</p>\n<p><b>ContextLogic (WISH)</b></p>\n<p>ContextLogic came public at the end of 2020 in mid-December. So I don’t know that I would classify it as one of the original Reddit stocks based on its rally in the first quarter. But the recent price action has “meme stock” written all over it.</p>\n<p>Its rally in Q1 did take ContextLogic north of $30. However, that was likely due to wider market trends, as growth stocks, SPACs, IPOs and other speculative holdings were surging higher.</p>\n<p>This time around though, WISH stock is clearly in focus. With a short interest over 15% and a cheap share price (it was near $7.50 a couple days ago), this one was ripe for some attention. It helps that the stock fell almost 80% from peak to trough.</p>\n<p>It also has solid growth estimates, with revenue expectations of 20% in each of the next three years. The company operates a global e-commerce platform that helps connect users to merchants, while providing various services to the latter.</p>\n<p><b>Palantir (PLTR)</b></p>\n<p>Palantir has somewhat fallen by the wayside lately. While the bulls still love the company’s long-term prospects and as the company continues to add more contracts, the stock price has struggled.</p>\n<p>Like Rocket, shares fell more than 62% from peak to trough, although that’s also counting from the stock’s short-squeeze fueled rally a few months ago. Since then, investors have seen a 40% rally from last month’s low.</p>\n<p>The analyst community is pretty optimistic on this one. They expect 35% revenue growth this year, then 28.5% growth in each of the next two years. That’s pretty darn good and helps justify that 23 times forward revenue valuation it currently commands.</p>\n<p>While it doesn’t have huge short interest at the moment, Palantir is a momentum favorite. If the other Reddit stocks are taking a break from the rally, this one may find itself as the next bid-up stock making headlines.</p>","source":"lsy1606302653667","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>8 Hot Reddit Stocks That Could Be the Next Big Meme</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\">\n8 Hot Reddit Stocks That Could Be the Next Big Meme\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-15 09:43 GMT+8 <a href=https://investorplace.com/2021/06/8-hot-reddit-stocks-that-could-be-the-next-big-meme/><strong>InvestorPlace</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Reddit stocks possess the potential to go on huge rallies in a short amount of time\nSource: Mehaniq / Shutterstock.com\nMeme stocks, Reddit stocks — call them what you want, but they are back in action...</p>\n\n<a href=\"https://investorplace.com/2021/06/8-hot-reddit-stocks-that-could-be-the-next-big-meme/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"WEN":"温蒂汉堡","RKT":"Rocket Companies","BB":"黑莓","BBBY":"3B家居","GME":"游戏驿站","SPCE":"维珍银河","PLTR":"Palantir Technologies Inc."},"source_url":"https://investorplace.com/2021/06/8-hot-reddit-stocks-that-could-be-the-next-big-meme/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1127219232","content_text":"Reddit stocks possess the potential to go on huge rallies in a short amount of time\nSource: Mehaniq / Shutterstock.com\nMeme stocks, Reddit stocks — call them what you want, but they are back in action. This group has seen plenty of wild price action already, with more ongoing.\nNow, most traders aren’t strangers to a good old-fashioned short squeeze. But the price movement in 2021 has been nothing short of breathtaking, making wild entertainment for armchair analysts.\nThe novel coronavirus wreaked havoc on the economy, supply chains and to an extent, our stock market. But coming into 2021, the market had actually done quite well. It shrugged off a global pandemic and made it through a hostile presidential election. It didn’t even flinch during the early January drama in Washington, D.C., when rioters stormed the Capitol.\nAll of that helped lead to the massive rally we saw later in the month and into February. High-growth stocks, SPACs, IPOs and these new Reddit stocks were all the rage.\nCall them what you will, but these stocks have the potential to go on torrid rallies. Some rally hundreds of percent, others can jump thousands of percent over the course of weeks or months. Conversely, many see large gains that evaporate within a few days.\nThat price action has gone from one or two stocks and has now spilled into dozens of different names.AMC Entertainment(NYSE:AMC) has been the recent leader. Here are eight others that may try to lead as well.\n\nGameStop(NYSE:GME)\nBed Bath & Beyond(NASDAQ:BBBY)\nBlackBerry(NYSE:BB)\nVirgin Galactic(NYSE:SPCE)\nWendy’s(NASDAQ:WEN)\nRocket Companies(NYSE:RKT)\nContextLogic(NASDAQ:WISH)\nPalantir(NYSE:PLTR)\n\nThese companies span industries, but the investing thesis is all the same: These names gain traction on online forums as traders hunt for the next candidate to go up 40%, 50% or more in a single session. Then we see all sorts of epic short-squeezes higher.\nGameStop (GME)\nCan we even talk about Reddit stocks without talking about GameStop? Shares are trading well lately, but they haven’t soared like some of these other names. That said, GameStop is roughly a $250 stock — not a single-digit or sub-$20 name, like many others on this list.\nThe company just reported earnings, beating both top- and bottom-line expectations. However the reaction was pretty tough, with shares tumbling on the report. Given its size, it may be difficult for investors to bid GME stock significantly higher, particularly now that its short interest has dropped to a more reasonable level.\nStill, GameStop has been one of the leaders of this short-squeeze movement and that means it could take off at any time.\nThe company’s chairman is Ryan Cohen, co-founder and former CEO of Chewy(NYSE:CHWY). He’s looking for a new CEO who can lead the company’s e-commerce strategy.\nThe valuation is high, but good news could trigger more upside. Keep an eye on this one.\nBed Bath & Beyond (BBBY)\nI actually nominated Bed Bath & Beyond as my pick for the Best Stock of 2021. However, I didn’t do it under the assumption that “Reddit traders” and “meme stocks” would become a thing. When I initially covered this stock, it was all about the company’s transformation.\nOkay fine… part of the thesiswasthe massive short interest in BBBY stock coming into 2021. Still, I didn’t think we’d see such epic short squeezes across the board.\nBed Bath & Beyond still has about 65% of its float sold short, although that figure is smaller vs. shares outstanding. Still, the company has turned things around as it focuses on e-commerce and omni-channel solutions. That’s helping fuel BBBY’s free cash flow and earnings and has allowed management to initiate a rather large share repurchase plan.\nBlackBerry (BB)\nWith its low price point and legion of loyal bull traders, BlackBerry has found its way onto the list of traders’ favorite short-squeeze stocks.\nSeriously, there are some dedicated investors in this name. Some have been waiting for years. Others are new to the party. But both groups — and everyone in between — are looking at the bullish potential with BB stock.\nWhile BlackBerry may not have its smartphone in every business-person’s pocket anymore thanks to Apple(NASDAQ:AAPL), it does have good software. It also has strong security.\nInterestingly, the automotive industry has become a big contributor to BlackBerry’s business, thanks to all the software, security and interconnectivity of today’s vehicles. Again, good news could create a nice pop in this one if the bulls maintain momentum.\nVirgin Galactic (SPCE)\nVirgin Galactic has been a short-squeeze favorite for a while now. It’s simply too juicy of a stocknotto trade when the environment is right. But let’s not miss Virgin for what it is — this is a speculative stock holding.\nThe company doesn’t generate any meaningful revenue and currently operates at a loss due to development and operational overhead. Understandably, short-sellers like to lay into this one as a result. I mean, with no real revenue and an $8.5 billion market cap, who can blame them?\nHowever, when the short interest gets high (as it often does for SPCE stock), buyers can’t resist the urge to squeeze.\nVirgin hopes to become a space tourism company and is well on its way with its flight milestones. Additionally, it’s working with NASA on high-speed technology. The company recently filed for a shelf registration to sell up to $1 billion in stock, which only makes sense amid the current rally.\nWhile this would usually sap some of its momentum, a stock offering may trigger more upside in this crazy climate.\nWendy’s (WEN)\nWendy’s has suddenly found itself with a chair at the short-squeeze table. And honestly, this is a fascinating one for me.\nShares were trading in relatively normal fashion and Wendy’s was never one of the big Reddit stocks back in January. But that didn’t stop the stock from surging more than 25% in a single day. This one is puzzling.\nWendy’s stock doesn’t have a high short interest (less than 5%). It does have solid growth expectations, but that’s mostly due to a post-coronavirus rebound. However, revenue is forecast to grow 6.7% this year and 2.5% in 2022.\nWhere all the hype is coming from, I’m not sure. But if the stock can hold up around $24 to $25, maybe it can retest its highs.\nRocket Companies (RKT)\nRocket Companies has taken the shorts to task before and I’m sure its investors would love nothing more than to do it again. That’s particularly true as shares fell 30% from the May high to the May low. And thatdoesn’tinclude the beatdown that Rocket Companies suffered from its first major squeeze higher in March.\nFor the record, shares fell more than 60% from that peak to the May trough.\nSince then though, Rocket has found its footing. Unlike Wendy’s, this one does have a higher short interest, although at around 14%, it isn’t exactly high compared to previous Reddit stocks.\nBut management has taken its own shots too. When the company reported earnings in February, it announced a special dividend of $1.11 per share. When holding short, short-sellers have to pay the per-share dividend out of their holdings. Further, the company announced a $1 billion buyback in November.\nContextLogic (WISH)\nContextLogic came public at the end of 2020 in mid-December. So I don’t know that I would classify it as one of the original Reddit stocks based on its rally in the first quarter. But the recent price action has “meme stock” written all over it.\nIts rally in Q1 did take ContextLogic north of $30. However, that was likely due to wider market trends, as growth stocks, SPACs, IPOs and other speculative holdings were surging higher.\nThis time around though, WISH stock is clearly in focus. With a short interest over 15% and a cheap share price (it was near $7.50 a couple days ago), this one was ripe for some attention. It helps that the stock fell almost 80% from peak to trough.\nIt also has solid growth estimates, with revenue expectations of 20% in each of the next three years. The company operates a global e-commerce platform that helps connect users to merchants, while providing various services to the latter.\nPalantir (PLTR)\nPalantir has somewhat fallen by the wayside lately. While the bulls still love the company’s long-term prospects and as the company continues to add more contracts, the stock price has struggled.\nLike Rocket, shares fell more than 62% from peak to trough, although that’s also counting from the stock’s short-squeeze fueled rally a few months ago. Since then, investors have seen a 40% rally from last month’s low.\nThe analyst community is pretty optimistic on this one. They expect 35% revenue growth this year, then 28.5% growth in each of the next two years. That’s pretty darn good and helps justify that 23 times forward revenue valuation it currently commands.\nWhile it doesn’t have huge short interest at the moment, Palantir is a momentum favorite. If the other Reddit stocks are taking a break from the rally, this one may find itself as the next bid-up stock making headlines.","news_type":1},"isVote":1,"tweetType":1,"viewCount":61,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":122387230,"gmtCreate":1624597954220,"gmtModify":1633950694558,"author":{"id":"3577922188961475","authorId":"3577922188961475","authorIdStr":"3577922188961475","name":"Meili","avatar":"https://static.tigerbbs.com/176906018d158655bfa76be27614b6e9","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3577922188961475"},"themes":[],"htmlText":"👀","listText":"👀","text":"👀","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/122387230","repostId":"1170542603","repostType":4,"repost":{"id":"1170542603","pubTimestamp":1624592567,"share":"https://www.laohu8.com/m/news/1170542603?lang=&edition=full","pubTime":"2021-06-25 11:42","market":"us","language":"en","title":"Nokia Stock: From 5G Winner To Disappointment To Meme","url":"https://stock-news.laohu8.com/highlight/detail?id=1170542603","media":"thestreet","summary":"Nokia has gone from (1) failed mobile phone powerhouse to (2) likely winner in one key technology tr","content":"<p>Nokia has gone from (1) failed mobile phone powerhouse to (2) likely winner in one key technology transformation cycle to (3) a source of “juicy tendies” for Wall Street Bets traders. Five years ago, it would have been hard to guess what would have happened to Nokia stock (<b>NOKIA</b>) since the mid-2010s.</p>\n<p>Wall Street Meme tells the story of this tech stock that has morphed from growth to value to meme – and that after fits and starts, still trades around pre-dot com bubble prices.</p>\n<p><b>Nokia: an unlikely journey</b></p>\n<p>In 2007, moments before Apple’s iPhone disrupted (or perhaps reinvented) the world of consumer mobile devices forever, Nokiacontrolled50% of the smartphone market. But the company’s fall from grace did not take long: Nokia accounted for less than 3% of the market by late 2012.</p>\n<p>However, the Finnish growth story did not end there. Between 2016-2017, Nokia began drawing the attention of investors looking to bet on the 5G upgrade cycle that would likely start a couple of years later. The company’s network division had been struggling, but the management team believed in a turnaround as 5G infrastructure had to be built around the globe.</p>\n<p>True to its roots, unfortunately,Nokia disappointed yet again. In 2019, the company warned that its recovery was in jeopardy, as competition with Ericsson and Huawei for 5G contracts became too fierce for Nokia to handle. The company’s dividend payment was slashed, and a restructuring process began.</p>\n<p><b>Meme stock for a day</b></p>\n<p>For the past five years, Nokia stock consistently traded between $3 and $5 per share, with the eventual spikes and dips in share price eventually correcting. The notable exception happened on January 27 of this year.</p>\n<p>On that day, Nokia climbed to $6.55 per share, from only $3.87 two weeks earlier. The stock was “victim” of a bullish Wall Street Bets meme attack, around the time that short interest reached a five-year high of 60 million shares – fertile ground for a short squeeze.</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>Nokia Stock: From 5G Winner To Disappointment To Meme</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\">\nNokia Stock: From 5G Winner To Disappointment To Meme\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-25 11:42 GMT+8 <a href=https://www.thestreet.com/memestocks/other-memes/nokia-stock-from-5g-winner-to-disappointment-to-meme><strong>thestreet</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Nokia has gone from (1) failed mobile phone powerhouse to (2) likely winner in one key technology transformation cycle to (3) a source of “juicy tendies” for Wall Street Bets traders. Five years ago, ...</p>\n\n<a href=\"https://www.thestreet.com/memestocks/other-memes/nokia-stock-from-5g-winner-to-disappointment-to-meme\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"NOK":"诺基亚"},"source_url":"https://www.thestreet.com/memestocks/other-memes/nokia-stock-from-5g-winner-to-disappointment-to-meme","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1170542603","content_text":"Nokia has gone from (1) failed mobile phone powerhouse to (2) likely winner in one key technology transformation cycle to (3) a source of “juicy tendies” for Wall Street Bets traders. Five years ago, it would have been hard to guess what would have happened to Nokia stock (NOKIA) since the mid-2010s.\nWall Street Meme tells the story of this tech stock that has morphed from growth to value to meme – and that after fits and starts, still trades around pre-dot com bubble prices.\nNokia: an unlikely journey\nIn 2007, moments before Apple’s iPhone disrupted (or perhaps reinvented) the world of consumer mobile devices forever, Nokiacontrolled50% of the smartphone market. But the company’s fall from grace did not take long: Nokia accounted for less than 3% of the market by late 2012.\nHowever, the Finnish growth story did not end there. Between 2016-2017, Nokia began drawing the attention of investors looking to bet on the 5G upgrade cycle that would likely start a couple of years later. The company’s network division had been struggling, but the management team believed in a turnaround as 5G infrastructure had to be built around the globe.\nTrue to its roots, unfortunately,Nokia disappointed yet again. In 2019, the company warned that its recovery was in jeopardy, as competition with Ericsson and Huawei for 5G contracts became too fierce for Nokia to handle. The company’s dividend payment was slashed, and a restructuring process began.\nMeme stock for a day\nFor the past five years, Nokia stock consistently traded between $3 and $5 per share, with the eventual spikes and dips in share price eventually correcting. The notable exception happened on January 27 of this year.\nOn that day, Nokia climbed to $6.55 per share, from only $3.87 two weeks earlier. The stock was “victim” of a bullish Wall Street Bets meme attack, around the time that short interest reached a five-year high of 60 million shares – fertile ground for a short squeeze.","news_type":1},"isVote":1,"tweetType":1,"viewCount":75,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":167287589,"gmtCreate":1624271201441,"gmtModify":1634008625189,"author":{"id":"3577922188961475","authorId":"3577922188961475","authorIdStr":"3577922188961475","name":"Meili","avatar":"https://static.tigerbbs.com/176906018d158655bfa76be27614b6e9","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3577922188961475"},"themes":[],"htmlText":"👀","listText":"👀","text":"👀","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/167287589","repostId":"2145086038","repostType":4,"repost":{"id":"2145086038","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":1624263852,"share":"https://www.laohu8.com/m/news/2145086038?lang=&edition=full","pubTime":"2021-06-21 16:24","market":"hk","language":"en","title":"Hong Kong stocks end lower after Fed's surprise turn","url":"https://stock-news.laohu8.com/highlight/detail?id=2145086038","media":"Reuters","summary":"HK->Shanghai Connect daily quota used -1.2%, Shanghai->HK daily quota used -3%\nHSI -1.1%, HSCE -0.9%","content":"<ul>\n <li>HK->Shanghai Connect daily quota used -1.2%, Shanghai->HK daily quota used -3%</li>\n <li>HSI -1.1%, HSCE -0.9%, CSI300 -0.2%</li>\n <li>FTSE China A50 -0.7%</li>\n</ul>\n<p>June 21 (Reuters) - Hong Kong stocks fell on Monday, largely in line with other Asian markets, as investors pondered the implications of the U.S. Federal Reserve's surprise hawkish shift last week.</p>\n<p>At the close of trade, the Hang Seng index was down 312.27 points, or 1.08%, at 28,489.00. The Hang Seng China Enterprises index fell 0.93% to 10,547.86.</p>\n<p>The sub-index of the Hang Seng tracking energy shares dropped 0.9%, the IT sector slipped 1.2%, the financial sector ended 1.89% lower and the property sector fell 1.16%.</p>\n<p>The top gainer on the Hang Seng was <a href=\"https://laohu8.com/S/AACAF\">AAC Technologies Holdings Inc</a> , which gained 5.15%, while the biggest loser was Haidilao International Holding Ltd , which fell 5.06%.</p>\n<p>Around the region, MSCI's Asia ex-Japan stock index was weaker by 1.07%, while Japan's Nikkei index closed down 3.29%.</p>\n<p>U.S. St. Louis Federal Reserve President James Bullard said on Friday that the U.S. central bank's shift towards a faster tightening of monetary policy was a \"natural\" response to economic growth and particularly inflation moving quicker than expected as the country reopens from the COVID-19 pandemic.</p>\n<p>China kept its benchmark lending rate for corporate and household loans unchanged for the 14th straight month at its June fixing on Monday, in line with market expectations.</p>\n<p>The Financial News, backed by the Peoples Bank of China (PBOC), on Sunday advised against speculating about liquidity tightening and policy direction, saying such action can mislead and roil markets.</p>\n<p>China's main Shanghai Composite index closed up 0.12% at 3,529.18 points, while the blue-chip CSI300 index ended down 0.24%.</p>\n<p>The yuan was quoted at 6.468 per U.S. dollar at 08:10, 0.22% weaker than the previous close of 6.4537.</p>\n<p>At close, China's A-shares were trading at a premium of 38.11% over Hong Kong-listed H-shares.</p>\n<p>(Reporting by the Shanghai Newsroom; Editing by Amy Caren Daniel)</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>Hong Kong stocks end lower after Fed's surprise turn</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\">\nHong Kong stocks end lower after Fed's surprise turn\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\">2021-06-21 16:24</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<ul>\n <li>HK->Shanghai Connect daily quota used -1.2%, Shanghai->HK daily quota used -3%</li>\n <li>HSI -1.1%, HSCE -0.9%, CSI300 -0.2%</li>\n <li>FTSE China A50 -0.7%</li>\n</ul>\n<p>June 21 (Reuters) - Hong Kong stocks fell on Monday, largely in line with other Asian markets, as investors pondered the implications of the U.S. Federal Reserve's surprise hawkish shift last week.</p>\n<p>At the close of trade, the Hang Seng index was down 312.27 points, or 1.08%, at 28,489.00. The Hang Seng China Enterprises index fell 0.93% to 10,547.86.</p>\n<p>The sub-index of the Hang Seng tracking energy shares dropped 0.9%, the IT sector slipped 1.2%, the financial sector ended 1.89% lower and the property sector fell 1.16%.</p>\n<p>The top gainer on the Hang Seng was <a href=\"https://laohu8.com/S/AACAF\">AAC Technologies Holdings Inc</a> , which gained 5.15%, while the biggest loser was Haidilao International Holding Ltd , which fell 5.06%.</p>\n<p>Around the region, MSCI's Asia ex-Japan stock index was weaker by 1.07%, while Japan's Nikkei index closed down 3.29%.</p>\n<p>U.S. St. Louis Federal Reserve President James Bullard said on Friday that the U.S. central bank's shift towards a faster tightening of monetary policy was a \"natural\" response to economic growth and particularly inflation moving quicker than expected as the country reopens from the COVID-19 pandemic.</p>\n<p>China kept its benchmark lending rate for corporate and household loans unchanged for the 14th straight month at its June fixing on Monday, in line with market expectations.</p>\n<p>The Financial News, backed by the Peoples Bank of China (PBOC), on Sunday advised against speculating about liquidity tightening and policy direction, saying such action can mislead and roil markets.</p>\n<p>China's main Shanghai Composite index closed up 0.12% at 3,529.18 points, while the blue-chip CSI300 index ended down 0.24%.</p>\n<p>The yuan was quoted at 6.468 per U.S. dollar at 08:10, 0.22% weaker than the previous close of 6.4537.</p>\n<p>At close, China's A-shares were trading at a premium of 38.11% over Hong Kong-listed H-shares.</p>\n<p>(Reporting by the Shanghai Newsroom; Editing by Amy Caren Daniel)</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"06186":"中国飞鹤","06862":"海底捞","02018":"瑞声科技","06666":"恒大物业","00384":"中国燃气","00960":"龙湖集团","03333":"中国恒大"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2145086038","content_text":"HK->Shanghai Connect daily quota used -1.2%, Shanghai->HK daily quota used -3%\nHSI -1.1%, HSCE -0.9%, CSI300 -0.2%\nFTSE China A50 -0.7%\n\nJune 21 (Reuters) - Hong Kong stocks fell on Monday, largely in line with other Asian markets, as investors pondered the implications of the U.S. Federal Reserve's surprise hawkish shift last week.\nAt the close of trade, the Hang Seng index was down 312.27 points, or 1.08%, at 28,489.00. The Hang Seng China Enterprises index fell 0.93% to 10,547.86.\nThe sub-index of the Hang Seng tracking energy shares dropped 0.9%, the IT sector slipped 1.2%, the financial sector ended 1.89% lower and the property sector fell 1.16%.\nThe top gainer on the Hang Seng was AAC Technologies Holdings Inc , which gained 5.15%, while the biggest loser was Haidilao International Holding Ltd , which fell 5.06%.\nAround the region, MSCI's Asia ex-Japan stock index was weaker by 1.07%, while Japan's Nikkei index closed down 3.29%.\nU.S. St. Louis Federal Reserve President James Bullard said on Friday that the U.S. central bank's shift towards a faster tightening of monetary policy was a \"natural\" response to economic growth and particularly inflation moving quicker than expected as the country reopens from the COVID-19 pandemic.\nChina kept its benchmark lending rate for corporate and household loans unchanged for the 14th straight month at its June fixing on Monday, in line with market expectations.\nThe Financial News, backed by the Peoples Bank of China (PBOC), on Sunday advised against speculating about liquidity tightening and policy direction, saying such action can mislead and roil markets.\nChina's main Shanghai Composite index closed up 0.12% at 3,529.18 points, while the blue-chip CSI300 index ended down 0.24%.\nThe yuan was quoted at 6.468 per U.S. dollar at 08:10, 0.22% weaker than the previous close of 6.4537.\nAt close, China's A-shares were trading at a premium of 38.11% over Hong Kong-listed H-shares.\n(Reporting by the Shanghai Newsroom; Editing by Amy Caren Daniel)","news_type":1},"isVote":1,"tweetType":1,"viewCount":218,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":167287300,"gmtCreate":1624271109900,"gmtModify":1634008625660,"author":{"id":"3577922188961475","authorId":"3577922188961475","authorIdStr":"3577922188961475","name":"Meili","avatar":"https://static.tigerbbs.com/176906018d158655bfa76be27614b6e9","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3577922188961475"},"themes":[],"htmlText":"👀","listText":"👀","text":"👀","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/167287300","repostId":"1109875362","repostType":4,"repost":{"id":"1109875362","pubTimestamp":1624268552,"share":"https://www.laohu8.com/m/news/1109875362?lang=&edition=full","pubTime":"2021-06-21 17:42","market":"us","language":"en","title":"10-year Treasury yield falls to two-month low to start the week","url":"https://stock-news.laohu8.com/highlight/detail?id=1109875362","media":"cnbc","summary":"KEY POINTS\n\nSt. Louis Fed President James Bullard and Dallas Fed President Robert Kaplan are due to ","content":"<div>\n<p>KEY POINTS\n\nSt. Louis Fed President James Bullard and Dallas Fed President Robert Kaplan are due to speak on a Official Monetary and Financial Institutions Forum panel at 9:00 a.m. ET.\nAuctions are ...</p>\n\n<a href=\"https://www.cnbc.com/2021/06/21/us-bonds-10-year-treasury-yield-falls-to-two-month-low.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>10-year Treasury yield falls to two-month low to start the week</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; 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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\">\n10-year Treasury yield falls to two-month low to start the week\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-21 17:42 GMT+8 <a href=https://www.cnbc.com/2021/06/21/us-bonds-10-year-treasury-yield-falls-to-two-month-low.html><strong>cnbc</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>KEY POINTS\n\nSt. Louis Fed President James Bullard and Dallas Fed President Robert Kaplan are due to speak on a Official Monetary and Financial Institutions Forum panel at 9:00 a.m. ET.\nAuctions are ...</p>\n\n<a href=\"https://www.cnbc.com/2021/06/21/us-bonds-10-year-treasury-yield-falls-to-two-month-low.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".SPX":"S&P 500 Index",".IXIC":"NASDAQ Composite","SPY":"标普500ETF",".DJI":"道琼斯"},"source_url":"https://www.cnbc.com/2021/06/21/us-bonds-10-year-treasury-yield-falls-to-two-month-low.html","is_english":true,"share_image_url":"https://static.laohu8.com/72bb72e1b84c09fca865c6dcb1bbcd16","article_id":"1109875362","content_text":"KEY POINTS\n\nSt. Louis Fed President James Bullard and Dallas Fed President Robert Kaplan are due to speak on a Official Monetary and Financial Institutions Forum panel at 9:00 a.m. ET.\nAuctions are due to be held Monday for $57 billion of 13-week bills and $54 billion of 26-week bills.\n\nThe 10-year U.S. Treasury yields fell to around 1.43% on Monday morning, its lowest point since early March.\nThe yield on the benchmark10-year Treasury notefell less than a basis point to 1.438% at 3:55 a.m. ET. Meanwhile, the yield on the30-year Treasury bondrose to 2.043%. Yields move inversely to prices.\nTreasury yields have drifted lower, despitea brief rise, following the Federal Reserve's latest policy update last week.\nThe Fed raised its inflation forecast, while a dot plot of individual central bank members' expectations on policy, signaled that an interest hike could happen sooner than expected, in 2023.\nSt. Louis Fed President James Bullard told CNBC on Friday that he expected an initial rate increase tohappen even sooner in 2022.\n\"We're expecting a good year, a good reopening. But this is a bigger year than we were expecting, more inflation than we were expecting,\" Bullard told CNBC's \"Squawk Box.\" \"I think it's natural that we've tilted a little bit more hawkish here to contain inflationary pressures.\"\nBullard is not a voting member this year on the Federal Open Market Committee but will get a vote next year.\nBullard is set to speak again on Monday, along with Dallas Fed President Robert Kaplan, on a Official Monetary and Financial Institutions Forum panel at 9:00 a.m. ET. New York Fed President John Williams is expected to deliver remarks at a Midsize Bank Coalition of America event Monday afternoon.\nThe Chicago Fed National Activity Index for May, which tracks overall economic activity and related inflationary pressures, is due out at 8:30 a.m. ET.\nAuctions are due to be held Monday for $57 billion of 13-week bills and $54 billion of 26-week bills.","news_type":1},"isVote":1,"tweetType":1,"viewCount":57,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":161967566,"gmtCreate":1623901429055,"gmtModify":1634026111289,"author":{"id":"3577922188961475","authorId":"3577922188961475","authorIdStr":"3577922188961475","name":"Meili","avatar":"https://static.tigerbbs.com/176906018d158655bfa76be27614b6e9","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3577922188961475"},"themes":[],"htmlText":"cool","listText":"cool","text":"cool","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/161967566","repostId":"2144270718","repostType":4,"repost":{"id":"2144270718","pubTimestamp":1623879249,"share":"https://www.laohu8.com/m/news/2144270718?lang=&edition=full","pubTime":"2021-06-17 05:34","market":"us","language":"en","title":"Fed Sees Two Rate Hikes by End of 2023, Inches Towards Taper","url":"https://stock-news.laohu8.com/highlight/detail?id=2144270718","media":"Bloomberg","summary":"Thirteen of 18 officials see at least one rate hike in 2023\nPowell says Fed to begin discussing scal","content":"<ul>\n <li>Thirteen of 18 officials see at least one rate hike in 2023</li>\n <li>Powell says Fed to begin discussing scaling back bond buying</li>\n</ul>\n<p>Federal Reserve officials sped up their expected pace of policy tightening amid optimism about the labor market and heightened concerns for inflation.</p>\n<p>Fed Chair Jerome Powell told a press conference Wednesday that officials would begin a discussion about scaling back bond purchases used to support financial markets and the economy during the pandemic.</p>\n<p>They also released forecasts that show they anticipate two interest-rate increases by the end of 2023 -- sooner than many thought -- and they upgraded estimates for inflation for the next three years.</p>\n<p>“The economy has clearly made progress,” Powell said after a two-day gathering of the Federal Open Market Committee. “You can think of this meeting as the talking-about-talking-about meeting, if you like,” he added, referring to the discussion about tapering purchases.</p>\n<p><img src=\"https://static.tigerbbs.com/b2eca74e7277de2e0f189f2489e9069e\" tg-width=\"1367\" tg-height=\"616\"></p>\n<p>The central bank held the target range for its benchmark policy rate unchanged at zero to 0.25%, where it’s been since March 2020, and maintained the $120 billion pace of its monthly bond purchases. The Federal Open Market Committee vote was unanimous.</p>\n<p>The more aggressive signal from the Fed’s forecasts saw the dollar rise, stocks decline and yields on 10-year Treasuries jump.</p>\n<p>“It’s a hawkish surprise,” said Thomas Costerg, senior U.S. economist at Pictet Wealth Management, referring to the rate projections. “We are looking at a Fed that seems positively surprised by the speed of vaccinations and the ongoing withdrawal of social-distancing measures.”</p>\n<p>The quarterly projections showed 13 of 18 officials favored at least one rate increase by the end of 2023, versus seven in March. Eleven officials saw at least two hikes by the end of that year. In addition, seven of them saw a move as early as 2022, up from four.</p>\n<p>“The dots should be taken with a big grain of salt,” Powell said, referring to the interest-rate forecasts. He cautioned that discussions about raising rates would be “highly premature.”</p>\n<p>The Fed marked up its inflation forecasts through the end of 2023. Officials see their preferred measure of price pressures rising 3.4% in 2021 compared with a March projection of 2.4%. The 2022 forecast rose to 2.1% from 2%, and the 2023 estimate was raised to 2.2% from 2.1%.</p>\n<p>Consumer-price pressures have proven hotter than expected over the last two months. Labor Department figures showed a 0.8% jump in prices in April and a 0.6% rise in May, marking the two biggest monthly increases since 2009.</p>\n<p><img src=\"https://static.tigerbbs.com/b6a86414293205edfd0f505fd64c5ef7\" tg-width=\"1200\" tg-height=\"675\"></p>\n<p>“As the reopening continues, shifts in demand can be large and rapid, and bottlenecks, hiring difficulties and other constraints could continue to limit how quickly supply can adjust -- raising the possibility that inflation could turn out to be higher and more persistent than we expect,” Powell said.</p>\n<p>Labor Department reports on employment published since the last gathering of the FOMC in late April, on the other hand, have disappointed relative to forecasters’ expectations. The U.S. unemployment rate was still elevated at 5.8% in May, with total employment still millions of jobs below pre-pandemic levels.</p>\n<p>Even so, the FOMC median projection for unemployment in the fourth quarter of 2021 was unchanged at 4.5%, and the median estimate for the same quarter a year later was marked down to 3.8% from 3.9%. The 2023 forecast was held at 3.5%.</p>\n<p>“I am confident that we are on a path to a very strong labor market,” Powell told reporters. “We learned during the course of the last very long expansion, the longest in our history, that labor supply during a long expansion can exceed expectations.”</p>\n<p><b>GDP Forecasts</b></p>\n<p>The U.S. economic recovery is gathering strength as business restrictions lift and social activity increases across the country. Robust demand from consumers and businesses alike has outstripped capacity, leading to bottlenecks in the supply chain, longer lead times and higher prices.</p>\n<p>Fed officials have said such “fits and starts” are to be expected given the unprecedented nature of the pandemic and expressed optimism about the outlook for the second half of the year as more Americans get vaccinated.</p>\n<p>The FOMC raised its projections for economic growth. Gross domestic product was seen expanding 7% this year, up from a prior projection of 6.5%. It maintained the 2022 expansion forecast at 3.3% and raised the 2023 estimate to 2.4% from March’s 2.2%.</p>","source":"lsy1584095487587","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>Fed Sees Two Rate Hikes by End of 2023, Inches Towards Taper</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; 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}\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nFed Sees Two Rate Hikes by End of 2023, Inches Towards Taper\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-17 05:34 GMT+8 <a href=https://www.bloomberg.com/news/articles/2021-06-16/fed-holds-rates-at-zero-projects-two-hikes-by-the-end-of-2023?srnd=premium-asia><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Thirteen of 18 officials see at least one rate hike in 2023\nPowell says Fed to begin discussing scaling back bond buying\n\nFederal Reserve officials sped up their expected pace of policy tightening ...</p>\n\n<a href=\"https://www.bloomberg.com/news/articles/2021-06-16/fed-holds-rates-at-zero-projects-two-hikes-by-the-end-of-2023?srnd=premium-asia\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".IXIC":"NASDAQ Composite",".DJI":"道琼斯",".SPX":"S&P 500 Index"},"source_url":"https://www.bloomberg.com/news/articles/2021-06-16/fed-holds-rates-at-zero-projects-two-hikes-by-the-end-of-2023?srnd=premium-asia","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2144270718","content_text":"Thirteen of 18 officials see at least one rate hike in 2023\nPowell says Fed to begin discussing scaling back bond buying\n\nFederal Reserve officials sped up their expected pace of policy tightening amid optimism about the labor market and heightened concerns for inflation.\nFed Chair Jerome Powell told a press conference Wednesday that officials would begin a discussion about scaling back bond purchases used to support financial markets and the economy during the pandemic.\nThey also released forecasts that show they anticipate two interest-rate increases by the end of 2023 -- sooner than many thought -- and they upgraded estimates for inflation for the next three years.\n“The economy has clearly made progress,” Powell said after a two-day gathering of the Federal Open Market Committee. “You can think of this meeting as the talking-about-talking-about meeting, if you like,” he added, referring to the discussion about tapering purchases.\n\nThe central bank held the target range for its benchmark policy rate unchanged at zero to 0.25%, where it’s been since March 2020, and maintained the $120 billion pace of its monthly bond purchases. The Federal Open Market Committee vote was unanimous.\nThe more aggressive signal from the Fed’s forecasts saw the dollar rise, stocks decline and yields on 10-year Treasuries jump.\n“It’s a hawkish surprise,” said Thomas Costerg, senior U.S. economist at Pictet Wealth Management, referring to the rate projections. “We are looking at a Fed that seems positively surprised by the speed of vaccinations and the ongoing withdrawal of social-distancing measures.”\nThe quarterly projections showed 13 of 18 officials favored at least one rate increase by the end of 2023, versus seven in March. Eleven officials saw at least two hikes by the end of that year. In addition, seven of them saw a move as early as 2022, up from four.\n“The dots should be taken with a big grain of salt,” Powell said, referring to the interest-rate forecasts. He cautioned that discussions about raising rates would be “highly premature.”\nThe Fed marked up its inflation forecasts through the end of 2023. Officials see their preferred measure of price pressures rising 3.4% in 2021 compared with a March projection of 2.4%. The 2022 forecast rose to 2.1% from 2%, and the 2023 estimate was raised to 2.2% from 2.1%.\nConsumer-price pressures have proven hotter than expected over the last two months. Labor Department figures showed a 0.8% jump in prices in April and a 0.6% rise in May, marking the two biggest monthly increases since 2009.\n\n“As the reopening continues, shifts in demand can be large and rapid, and bottlenecks, hiring difficulties and other constraints could continue to limit how quickly supply can adjust -- raising the possibility that inflation could turn out to be higher and more persistent than we expect,” Powell said.\nLabor Department reports on employment published since the last gathering of the FOMC in late April, on the other hand, have disappointed relative to forecasters’ expectations. The U.S. unemployment rate was still elevated at 5.8% in May, with total employment still millions of jobs below pre-pandemic levels.\nEven so, the FOMC median projection for unemployment in the fourth quarter of 2021 was unchanged at 4.5%, and the median estimate for the same quarter a year later was marked down to 3.8% from 3.9%. The 2023 forecast was held at 3.5%.\n“I am confident that we are on a path to a very strong labor market,” Powell told reporters. “We learned during the course of the last very long expansion, the longest in our history, that labor supply during a long expansion can exceed expectations.”\nGDP Forecasts\nThe U.S. economic recovery is gathering strength as business restrictions lift and social activity increases across the country. Robust demand from consumers and businesses alike has outstripped capacity, leading to bottlenecks in the supply chain, longer lead times and higher prices.\nFed officials have said such “fits and starts” are to be expected given the unprecedented nature of the pandemic and expressed optimism about the outlook for the second half of the year as more Americans get vaccinated.\nThe FOMC raised its projections for economic growth. Gross domestic product was seen expanding 7% this year, up from a prior projection of 6.5%. It maintained the 2022 expansion forecast at 3.3% and raised the 2023 estimate to 2.4% from March’s 2.2%.","news_type":1},"isVote":1,"tweetType":1,"viewCount":26,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":184422652,"gmtCreate":1623722329976,"gmtModify":1634029569959,"author":{"id":"3577922188961475","authorId":"3577922188961475","authorIdStr":"3577922188961475","name":"Meili","avatar":"https://static.tigerbbs.com/176906018d158655bfa76be27614b6e9","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3577922188961475"},"themes":[],"htmlText":"👀👀","listText":"👀👀","text":"👀👀","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/184422652","repostId":"1107864485","repostType":4,"repost":{"id":"1107864485","pubTimestamp":1623711844,"share":"https://www.laohu8.com/m/news/1107864485?lang=&edition=full","pubTime":"2021-06-15 07:04","market":"us","language":"en","title":"American Express CEO says U.S. travel, dining spending is nearing full recovery","url":"https://stock-news.laohu8.com/highlight/detail?id=1107864485","media":"CNBC","summary":"KEY POINTS\n\nAmerican Express CEO told CNBC that travel bookings have nearly reached their 2019 level","content":"<div>\n<p>KEY POINTS\n\nAmerican Express CEO told CNBC that travel bookings have nearly reached their 2019 levels.\n“When we look at our travel numbers, our travel bookings in May were 95% of what they were in May...</p>\n\n<a href=\"https://www.cnbc.com/2021/06/14/american-express-ceo-us-travel-dining-spending-is-nearing-full-recovery.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>American Express CEO says U.S. travel, dining spending is nearing full recovery</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; 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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\">\nAmerican Express CEO says U.S. travel, dining spending is nearing full recovery\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-15 07:04 GMT+8 <a href=https://www.cnbc.com/2021/06/14/american-express-ceo-us-travel-dining-spending-is-nearing-full-recovery.html><strong>CNBC</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>KEY POINTS\n\nAmerican Express CEO told CNBC that travel bookings have nearly reached their 2019 levels.\n“When we look at our travel numbers, our travel bookings in May were 95% of what they were in May...</p>\n\n<a href=\"https://www.cnbc.com/2021/06/14/american-express-ceo-us-travel-dining-spending-is-nearing-full-recovery.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".SPX":"S&P 500 Index",".DJI":"道琼斯","AXP":"美国运通",".IXIC":"NASDAQ Composite"},"source_url":"https://www.cnbc.com/2021/06/14/american-express-ceo-us-travel-dining-spending-is-nearing-full-recovery.html","is_english":true,"share_image_url":"https://static.laohu8.com/72bb72e1b84c09fca865c6dcb1bbcd16","article_id":"1107864485","content_text":"KEY POINTS\n\nAmerican Express CEO told CNBC that travel bookings have nearly reached their 2019 levels.\n“When we look at our travel numbers, our travel bookings in May were 95% of what they were in May of 2019,” he said in a “Mad Money” interview.\nThe credit company is seeing a rebound in restaurant spending, too.\n\nAmericans are increasingly tapping their credit lines as Covid-19 health restrictions ease and travel demand ramps back up,American Express CEO Steve Squeri told CNBC on Monday.\nThe payments company, known for its namesake credit card, reports seeing a near-full recovery in domestic travel bookings after the industry was hamstrung by Covid lockdowns.\n“When we look at our travel numbers, our travel bookings in May were 95% of what they were in May of 2019,” Squeri said in an interview with Jim Cramer on “Mad Money.”\n“We also believe that by the end of the year in the U.S. we will have a full consumer recovery from a travel perspective, and overall by the end of the year I think globally we’ll probably be about 80% of what we were in 2019,” he added.\nThe Transportation Security Administration screened 2.03 million people at airports on Friday,the first time in 15 months that more than 2 million passengers have passed through checkpoints in a single day.\nStill, that’s just 74% of travel volumes on the same day in 2019, according to the agency.\nAmerican Express is seeing a rebound in restaurant spending, too, Squeri said, with May dining expenses totaling 85% of May 2019 levels.\n“The people that are really spending a lot in restaurants [are] millennials — 130% in April of what they spent back in 2019,” he added. “We believe that that’s going to continue to move forward.”\nDelinquencies at American Express are at their lowest levels in years, and personal savings have doubled, Squeri said.\n“When you look at the U.S. economy right now, I think it’s really starting to come back,” he said. “Credit numbers are not like anybody thought they were going to be.”","news_type":1},"isVote":1,"tweetType":1,"viewCount":19,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"lives":[]}
