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R2D2
2021-12-21
Always go for value
Will the Stock Market Crash in 2022?
R2D2
2021-10-20
SG portfolio can also include other stocks
@keke006:If this empire fall, I willing go together... just hold your breath, foresee 20% return shouldn’t be problem, anytime better than current FD rate, isn’t it?
$GENTING SINGAPORE LIMITED(G13.SI)$
R2D2
2021-10-19
Agree
Apple: The Past Decade Can't Be Repeated
R2D2
2021-09-30
Had this stock.
If I Could Buy Only 1 Stock, This Would Be It
R2D2
2021-08-03
Follow her for the new new things
抱歉,原内容已删除
R2D2
2021-08-03
All the best to them in their personal lives. May they continue to donate generously.
Bill and Melinda Gates have finalized their divorce
R2D2
2021-07-18
Agree
抱歉,原内容已删除
R2D2
2021-07-14
Overpriced
Why Tesla Stock Just Gave Back Half of Yesterday's Gains
R2D2
2021-07-14
They would stay our of the game
Can the Fed avoid negative interest rates in the next downturn?
R2D2
2021-06-27
👍
Microsoft Rides Its Cloud Business to a $2 Trillion Market Cap. It’s Not Done Yet.
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The <b>S&P 500</b> fell nearly 5% in September, then after a rebound in October, it dropped around 4% during the last three weeks of November.</p>\n<p>Between soaring inflation and the COVID-19 omicron variant, there are a few explanations for why the market has been shaky lately. But will this volatility lead to a full-blown crash in 2022? Here's what you need to know.</p>\n<h2>Just how likely is a market crash?</h2>\n<p>There are several factors that could point to greater volatility next year. Inflation, for example, is at a record high. According to the most recent data from the U.S. Bureau of Labor Statistics, the Consumer Price Index is up 6.8% year over year, its highest since 1982.</p>\n<p>In response, the Federal Reserve is aggressively dialing back its bond buying program, which was intended to bolster the economy during the early stages of the pandemic. The Fed is also expected to raise interest rates three times next year to further combat rising inflation.</p>\n<p>In addition, the omicron variant is continuing to spread across the U.S., causing concern that we could be entering another wave of the pandemic.</p>\n<p>While all of these factors could potentially result in a market downturn, it's impossible to say for certain what will happen next year. If the stock market is famous for anything, it's its unpredictability. Case in point: For more than a year and a half, the market has been shattering records -- despite a global pandemic, record inflation, a labor shortage, supply chain issues, and other economic concerns.</p>\n<h2>How to prepare for a potential crash</h2>\n<p>While it may seem counterintuitive, the best way to prepare for a market crash is to keep investing normally regardless of what happens.</p>\n<p>Trying to time the market and sell your investments before a crash is a dangerous move, and it could result in huge losses. If you sell everything and the market doesn't crash, you'll miss out on those earnings. Then if you eventually reinvest, stock prices may have increased since you sold. Conversely, if you sell too late after the market is already on a downhill slide, you may be selling your stocks for less than you paid for them.</p>\n<p>Your best bet, then, is to continue investing despite any potential stock market volatility. You won't lose any money until you sell, even if prices plummet. The market also has a 100% success rate when it comes to recovering from crashes, so as long as you're patient and avoid selling your stocks, you can simply ride out the storm.</p>\n<p>The key to surviving market turbulence is to make sure you're investing in quality stocks. The best investments are the ones with solid fundamentals. This means the companies have strong financials, a competent leadership team, and a history of performing well over time.</p>\n<p>While even the strongest stocks may take a hit in the short term, they're more likely to bounce back after a crash. Regardless of whether the market crashes in 2022 or not, a solid portfolio will ensure you're as prepared as possible.</p>","source":"fool_stock","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Will the Stock Market Crash in 2022?</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\">\nWill the Stock Market Crash in 2022?\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-12-20 21:20 GMT+8 <a href=https://www.fool.com/investing/2021/12/20/will-the-stock-market-crash-in-2022/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>After a record-breaking year, the stock market has had a bumpy few weeks. The S&P 500 fell nearly 5% in September, then after a rebound in October, it dropped around 4% during the last three weeks of ...</p>\n\n<a href=\"https://www.fool.com/investing/2021/12/20/will-the-stock-market-crash-in-2022/\">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",".DJI":"道琼斯"},"source_url":"https://www.fool.com/investing/2021/12/20/will-the-stock-market-crash-in-2022/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2192181330","content_text":"After a record-breaking year, the stock market has had a bumpy few weeks. The S&P 500 fell nearly 5% in September, then after a rebound in October, it dropped around 4% during the last three weeks of November.\nBetween soaring inflation and the COVID-19 omicron variant, there are a few explanations for why the market has been shaky lately. But will this volatility lead to a full-blown crash in 2022? Here's what you need to know.\nJust how likely is a market crash?\nThere are several factors that could point to greater volatility next year. Inflation, for example, is at a record high. According to the most recent data from the U.S. Bureau of Labor Statistics, the Consumer Price Index is up 6.8% year over year, its highest since 1982.\nIn response, the Federal Reserve is aggressively dialing back its bond buying program, which was intended to bolster the economy during the early stages of the pandemic. The Fed is also expected to raise interest rates three times next year to further combat rising inflation.\nIn addition, the omicron variant is continuing to spread across the U.S., causing concern that we could be entering another wave of the pandemic.\nWhile all of these factors could potentially result in a market downturn, it's impossible to say for certain what will happen next year. If the stock market is famous for anything, it's its unpredictability. Case in point: For more than a year and a half, the market has been shattering records -- despite a global pandemic, record inflation, a labor shortage, supply chain issues, and other economic concerns.\nHow to prepare for a potential crash\nWhile it may seem counterintuitive, the best way to prepare for a market crash is to keep investing normally regardless of what happens.\nTrying to time the market and sell your investments before a crash is a dangerous move, and it could result in huge losses. If you sell everything and the market doesn't crash, you'll miss out on those earnings. Then if you eventually reinvest, stock prices may have increased since you sold. Conversely, if you sell too late after the market is already on a downhill slide, you may be selling your stocks for less than you paid for them.\nYour best bet, then, is to continue investing despite any potential stock market volatility. You won't lose any money until you sell, even if prices plummet. The market also has a 100% success rate when it comes to recovering from crashes, so as long as you're patient and avoid selling your stocks, you can simply ride out the storm.\nThe key to surviving market turbulence is to make sure you're investing in quality stocks. The best investments are the ones with solid fundamentals. This means the companies have strong financials, a competent leadership team, and a history of performing well over time.\nWhile even the strongest stocks may take a hit in the short term, they're more likely to bounce back after a crash. Regardless of whether the market crashes in 2022 or not, a solid portfolio will ensure you're as prepared as possible.","news_type":1},"isVote":1,"tweetType":1,"viewCount":964,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":859673509,"gmtCreate":1634695422901,"gmtModify":1634695460205,"author":{"id":"3577945319352371","authorId":"3577945319352371","name":"R2D2","avatar":"https://static.tigerbbs.com/0b82ed09a21fdbec2d56ea0aca3b5342","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3577945319352371","authorIdStr":"3577945319352371"},"themes":[],"htmlText":"SG portfolio can also include other stocks","listText":"SG portfolio can also include other stocks","text":"SG portfolio can also include other stocks","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/859673509","repostId":"850959840","repostType":1,"repost":{"id":850959840,"gmtCreate":1634547374677,"gmtModify":1634692327646,"author":{"id":"3479274814931736","authorId":"3479274814931736","name":"keke006","avatar":"https://static.laohu8.com/picture182","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3479274814931736","authorIdStr":"3479274814931736"},"themes":[],"htmlText":"If this empire fall, I willing go together... just hold your breath, foresee 20% return shouldn’t be problem, anytime better than current FD rate, isn’t it?<a href=\"https://laohu8.com/S/G13.SI\">$GENTING SINGAPORE LIMITED(G13.SI)$</a>","listText":"If this empire fall, I willing go together... just hold your breath, foresee 20% return shouldn’t be problem, anytime better than current FD rate, isn’t it?<a href=\"https://laohu8.com/S/G13.SI\">$GENTING SINGAPORE LIMITED(G13.SI)$</a>","text":"If this empire fall, I willing go together... just hold your breath, foresee 20% return shouldn’t be problem, anytime better than current FD rate, isn’t it?$GENTING SINGAPORE LIMITED(G13.SI)$","images":[],"top":1,"highlighted":2,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/850959840","isVote":1,"tweetType":1,"viewCount":0,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},"isVote":1,"tweetType":1,"viewCount":727,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":850554773,"gmtCreate":1634610695167,"gmtModify":1634610695372,"author":{"id":"3577945319352371","authorId":"3577945319352371","name":"R2D2","avatar":"https://static.tigerbbs.com/0b82ed09a21fdbec2d56ea0aca3b5342","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3577945319352371","authorIdStr":"3577945319352371"},"themes":[],"htmlText":"Agree","listText":"Agree","text":"Agree","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/850554773","repostId":"1175707103","repostType":4,"repost":{"id":"1175707103","kind":"news","pubTimestamp":1634610155,"share":"https://www.laohu8.com/m/news/1175707103?lang=&edition=full","pubTime":"2021-10-19 10:22","market":"us","language":"en","title":"Apple: The Past Decade Can't Be Repeated","url":"https://stock-news.laohu8.com/highlight/detail?id=1175707103","media":"Seeking Alpha","summary":"Summary\n\nA return of more than 860% in 10 years made many shareholders happy.\nThis return was based ","content":"<p><b>Summary</b></p>\n<ul>\n <li>A return of more than 860% in 10 years made many shareholders happy.</li>\n <li>This return was based on double-digit growth rates, aggressive buybacks and a solid customer base.</li>\n <li>However, slowing growth, a worsened balance sheet, competition and, most important, Apple's valuation will likely lead to decreasing returns in the near future.</li>\n <li>Even if new products are excellent and stand out from competitors, it will be very hard to achieve similar returns for the stock.</li>\n</ul>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/c48faf1320d58a68f652bbf7b8e93adf\" tg-width=\"1536\" tg-height=\"1024\" width=\"100%\" height=\"auto\"><span>Nikada/iStock Unreleased via Getty Images</span></p>\n<p><b>1. Looking back at an impressive decade</b></p>\n<p>Apple's (AAPL) stock showed a stunning performance over the last 10 years.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/f670db7ff8b0f2f186fa8dad803627f7\" tg-width=\"635\" tg-height=\"417\" width=\"100%\" height=\"auto\"><span>Data by YCharts</span></p>\n<p>The stock returned 861% or 25.4% annually, which is an above average return compared to the S&P 500 with just about 263%. Apple has a stunning growth record over the past decade which is one reason for the long rally. Revenues grew from $108 bn. in 2011 to expected revenues in 2021 of $365 bn. (+238%) while net income increased from $26 bn. to $95 bn. in 2021 (+265%).</p>\n<table>\n <tbody>\n <tr>\n <td><b>2011</b></td>\n <td><b>2012</b></td>\n <td><b>2013</b></td>\n <td><b>2014</b></td>\n <td><b>2015</b></td>\n <td><b>2016</b></td>\n <td><b>2017</b></td>\n <td><b>2018</b></td>\n <td><b>2019</b></td>\n <td><b>2020</b></td>\n <td><b>2021 (e)</b></td>\n </tr>\n <tr>\n <td><b>Revenue (bn. USD)</b></td>\n <td>108</td>\n <td>156</td>\n <td>171</td>\n <td>183</td>\n <td>231</td>\n <td>214</td>\n <td>229</td>\n <td>266</td>\n <td>260</td>\n <td>274</td>\n <td>365</td>\n </tr>\n <tr>\n <td><b>Net income (bn. USD)</b></td>\n <td>26</td>\n <td>42</td>\n <td>37</td>\n <td>40</td>\n <td>53</td>\n <td>46</td>\n <td>48</td>\n <td>60</td>\n <td>55</td>\n <td>57</td>\n <td>95</td>\n </tr>\n <tr>\n <td><b>EPS*(USD)</b></td>\n <td>1.56</td>\n <td>2.51</td>\n <td>2.22</td>\n <td>2.38</td>\n <td>3.21</td>\n <td>2.75</td>\n <td>2.91</td>\n <td>3.57</td>\n <td>3.33</td>\n <td>3.45</td>\n <td>5.7</td>\n </tr>\n </tbody>\n</table>\n<p>[*EPS numbers adjusted for stock splits in 2015 (7:1) and 2020 (4:1), calculation with 16.63 billion shares]</p>\n<p><b>2. Aggressive buybacks</b></p>\n<p>Although the company's fundamental growth was great, the stock's gain was even more phenomenal. A second reason were permanent and aggressive stock buybacks by Apple. In2011, Apple had 926 million shares outstanding, according to the quarterly report from June. Adjusted for the two stock splits, the number should have increased to 25.93 bn. shares. Surprisingly, Apple had just 16.63 bn. shares outstanding at the end of June 2021, which means that share count was reduced by nearly 36% in just one decade. The buybacks definitely contributed to the stock's stellar performance, but the higher the stock climbed over the years, the more Apple had to pay to buy back shares. The buybacks are reflected in the company's balance sheet which has worsened significantly.</p>\n<table>\n <tbody>\n <tr>\n <td><b>2011</b></td>\n <td><b>2012</b></td>\n <td><b>2013</b></td>\n <td><b>2014</b></td>\n <td><b>2015</b></td>\n <td><b>2016</b></td>\n <td><b>2017</b></td>\n <td><b>2018</b></td>\n <td><b>2019</b></td>\n <td><b>2020</b></td>\n <td><b>2021</b></td>\n </tr>\n <tr>\n <td><b>Equity (bn. USD)</b></td>\n <td>70</td>\n <td>118</td>\n <td>124</td>\n <td>111</td>\n <td>119</td>\n <td>128</td>\n <td>134</td>\n <td>107</td>\n <td>90</td>\n <td>65</td>\n <td>64</td>\n </tr>\n <tr>\n <td><b>Liabilities (bn. USD)</b></td>\n <td>37</td>\n <td>58</td>\n <td>83</td>\n <td>120</td>\n <td>171</td>\n <td>193</td>\n <td>241</td>\n <td>259</td>\n <td>248</td>\n <td>259</td>\n <td>265</td>\n </tr>\n <tr>\n <td><b>Equity ratio (%)</b></td>\n <td>65</td>\n <td>67</td>\n <td>60</td>\n <td>48</td>\n <td>41</td>\n <td>40</td>\n <td>36</td>\n <td>29</td>\n <td>27</td>\n <td>20</td>\n <td>19.5</td>\n </tr>\n </tbody>\n</table>\n<p>Equity and equity ratio are in an obvious downward trend while liabilities have increased. However, the deterioration of the balance sheet hasn't had an impact yet on Apple's power to generate and increase revenues and earnings. With $95 bn. net income this year, Apple shows a return on equity (ROE) of 148% (!), a number not many companies achieve. So while the balance sheet is nothing to worry about in regard to Apple's business, it will have an impact on the company's ability to buy back shares. Even if Apple spends all its net income on buybacks (which would be a new annual buyback record), this number would just represent 3.9% of Apple's total market cap of $2.41 trillion. As a result, the company must spend more cash in the future to buy back the same percentage of shares as it did during the last ten years.</p>\n<p><b>3. Valuation</b></p>\n<p>Apple currently trades for $145 per share (as of 10/18/21) and has a total market cap of $2.41 trillion. EPS for 2021 is about $5.7, so the P/E ratio is 25.4. The P/B ratio climbed to a whopping 37.6 (which can be partly explained by buybacks). High P/B ratios are not unusual for tech companies (many patents, intangible assets and brand value do not count for equity), but the number for Apple is really extreme. Cash flow per share of around $6.5 per share results in a P/CF ratio of 22. The average EPS of the last decade was $3.2. Hence, the CAPE ratio for Apple is 45.3, a number which also indicates an ambitious valuation.</p>\n<p>All these numbers indicate that future returns are likely to be lower than the returns of the past decade.</p>\n<p><b>4. Growth perspectives and product pipeline</b></p>\n<p>In the past decade, Apple grew its net income by 13.8% annually and expects an increase of more than 66% this year. In the third quarter 2021, Apple increased its computer sales by 7.4% and increased its market share to 8.6% of worldwide sales. Smartphone sales decreased in the third quarter 2021 by 6% because of the chip shortage, but Apple increased its market share from 12% to 15% due to strong demand for the iPhone 13, which means that shipments grew by ca. 17% YoY. All in all, the market data shows that consumers strongly demand Apple products (MacBook, iPhone, iPad etc.) and also accept higher expenditures for high-quality products. However, the chip shortage will likely hurt Apple's sales in the quarters to come. Hence, it will be difficult for Apple to grow next year as revenues will take a hit. In the long term, Apple must differentiate from its competitors Samsung (OTC:SSNLF), Lenovo (OTCPK:LNVGY,OTCPK:LNVGF),HP Inc. (HPQ) andXiaomi(OTCPK:XIACF,OTCPK:XIACY) with special features and design, because some consumers (who are not pure Apple fans) will prefer price over features and design. I expect revenues to be flat next year or even lower than 2021 when the post-pandemic computer boom will flatten. The average growth rate for net income and revenue in the next decade is probably lower than in the past decade.</p>\n<p><b>5. Conclusion</b></p>\n<p>Since Apple's total market cap is already very high, it will be harder to boost share performance via buybacks. Consequently, the stock's total performance in the next decade (2022-2032) will be lower than the performance in the 2010s, especially because the stock has already outperformed Apple's fundamental performance.</p>\n<p>My conservative estimate is a net income growth rate of 5-7% p.a. and a buyback yield of just 1.5-2.0%. The earnings yield for the stock is currently 4% (P/E ratio of 25). Hence, the total annual return for the next ten years will possibly be between 5.5-9.0% which is significantly lower than the 25.4% from 2011-2021.</p>\n<p>All in all, even at a current stock price of $145 per share, shareholders can expect a positive return, but adjusted for inflation, Apple will disappoint in the future compared to the last ten years. Due to a combination of lower growth (high competition, chip shortage), a lower buyback yield and a higher inflation which will increase the company's costs, Apple's stock will no longer outperform the market despite a promising product pipeline and a loyal customer base. The share price is the most important factor for future returns, and $145 per share is currently not very attractive.</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>Apple: The Past Decade Can't Be Repeated</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\">\nApple: The Past Decade Can't Be Repeated\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-10-19 10:22 GMT+8 <a href=https://seekingalpha.com/article/4460481-apple-stock-past-decade-cant-be-repeated><strong>Seeking Alpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Summary\n\nA return of more than 860% in 10 years made many shareholders happy.\nThis return was based on double-digit growth rates, aggressive buybacks and a solid customer base.\nHowever, slowing growth...</p>\n\n<a href=\"https://seekingalpha.com/article/4460481-apple-stock-past-decade-cant-be-repeated\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"AAPL":"苹果"},"source_url":"https://seekingalpha.com/article/4460481-apple-stock-past-decade-cant-be-repeated","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1175707103","content_text":"Summary\n\nA return of more than 860% in 10 years made many shareholders happy.\nThis return was based on double-digit growth rates, aggressive buybacks and a solid customer base.\nHowever, slowing growth, a worsened balance sheet, competition and, most important, Apple's valuation will likely lead to decreasing returns in the near future.\nEven if new products are excellent and stand out from competitors, it will be very hard to achieve similar returns for the stock.\n\nNikada/iStock Unreleased via Getty Images\n1. Looking back at an impressive decade\nApple's (AAPL) stock showed a stunning performance over the last 10 years.\nData by YCharts\nThe stock returned 861% or 25.4% annually, which is an above average return compared to the S&P 500 with just about 263%. Apple has a stunning growth record over the past decade which is one reason for the long rally. Revenues grew from $108 bn. in 2011 to expected revenues in 2021 of $365 bn. (+238%) while net income increased from $26 bn. to $95 bn. in 2021 (+265%).\n\n\n\n2011\n2012\n2013\n2014\n2015\n2016\n2017\n2018\n2019\n2020\n2021 (e)\n\n\nRevenue (bn. USD)\n108\n156\n171\n183\n231\n214\n229\n266\n260\n274\n365\n\n\nNet income (bn. USD)\n26\n42\n37\n40\n53\n46\n48\n60\n55\n57\n95\n\n\nEPS*(USD)\n1.56\n2.51\n2.22\n2.38\n3.21\n2.75\n2.91\n3.57\n3.33\n3.45\n5.7\n\n\n\n[*EPS numbers adjusted for stock splits in 2015 (7:1) and 2020 (4:1), calculation with 16.63 billion shares]\n2. Aggressive buybacks\nAlthough the company's fundamental growth was great, the stock's gain was even more phenomenal. A second reason were permanent and aggressive stock buybacks by Apple. In2011, Apple had 926 million shares outstanding, according to the quarterly report from June. Adjusted for the two stock splits, the number should have increased to 25.93 bn. shares. Surprisingly, Apple had just 16.63 bn. shares outstanding at the end of June 2021, which means that share count was reduced by nearly 36% in just one decade. The buybacks definitely contributed to the stock's stellar performance, but the higher the stock climbed over the years, the more Apple had to pay to buy back shares. The buybacks are reflected in the company's balance sheet which has worsened significantly.\n\n\n\n2011\n2012\n2013\n2014\n2015\n2016\n2017\n2018\n2019\n2020\n2021\n\n\nEquity (bn. USD)\n70\n118\n124\n111\n119\n128\n134\n107\n90\n65\n64\n\n\nLiabilities (bn. USD)\n37\n58\n83\n120\n171\n193\n241\n259\n248\n259\n265\n\n\nEquity ratio (%)\n65\n67\n60\n48\n41\n40\n36\n29\n27\n20\n19.5\n\n\n\nEquity and equity ratio are in an obvious downward trend while liabilities have increased. However, the deterioration of the balance sheet hasn't had an impact yet on Apple's power to generate and increase revenues and earnings. With $95 bn. net income this year, Apple shows a return on equity (ROE) of 148% (!), a number not many companies achieve. So while the balance sheet is nothing to worry about in regard to Apple's business, it will have an impact on the company's ability to buy back shares. Even if Apple spends all its net income on buybacks (which would be a new annual buyback record), this number would just represent 3.9% of Apple's total market cap of $2.41 trillion. As a result, the company must spend more cash in the future to buy back the same percentage of shares as it did during the last ten years.\n3. Valuation\nApple currently trades for $145 per share (as of 10/18/21) and has a total market cap of $2.41 trillion. EPS for 2021 is about $5.7, so the P/E ratio is 25.4. The P/B ratio climbed to a whopping 37.6 (which can be partly explained by buybacks). High P/B ratios are not unusual for tech companies (many patents, intangible assets and brand value do not count for equity), but the number for Apple is really extreme. Cash flow per share of around $6.5 per share results in a P/CF ratio of 22. The average EPS of the last decade was $3.2. Hence, the CAPE ratio for Apple is 45.3, a number which also indicates an ambitious valuation.\nAll these numbers indicate that future returns are likely to be lower than the returns of the past decade.\n4. Growth perspectives and product pipeline\nIn the past decade, Apple grew its net income by 13.8% annually and expects an increase of more than 66% this year. In the third quarter 2021, Apple increased its computer sales by 7.4% and increased its market share to 8.6% of worldwide sales. Smartphone sales decreased in the third quarter 2021 by 6% because of the chip shortage, but Apple increased its market share from 12% to 15% due to strong demand for the iPhone 13, which means that shipments grew by ca. 17% YoY. All in all, the market data shows that consumers strongly demand Apple products (MacBook, iPhone, iPad etc.) and also accept higher expenditures for high-quality products. However, the chip shortage will likely hurt Apple's sales in the quarters to come. Hence, it will be difficult for Apple to grow next year as revenues will take a hit. In the long term, Apple must differentiate from its competitors Samsung (OTC:SSNLF), Lenovo (OTCPK:LNVGY,OTCPK:LNVGF),HP Inc. (HPQ) andXiaomi(OTCPK:XIACF,OTCPK:XIACY) with special features and design, because some consumers (who are not pure Apple fans) will prefer price over features and design. I expect revenues to be flat next year or even lower than 2021 when the post-pandemic computer boom will flatten. The average growth rate for net income and revenue in the next decade is probably lower than in the past decade.\n5. Conclusion\nSince Apple's total market cap is already very high, it will be harder to boost share performance via buybacks. Consequently, the stock's total performance in the next decade (2022-2032) will be lower than the performance in the 2010s, especially because the stock has already outperformed Apple's fundamental performance.\nMy conservative estimate is a net income growth rate of 5-7% p.a. and a buyback yield of just 1.5-2.0%. The earnings yield for the stock is currently 4% (P/E ratio of 25). Hence, the total annual return for the next ten years will possibly be between 5.5-9.0% which is significantly lower than the 25.4% from 2011-2021.\nAll in all, even at a current stock price of $145 per share, shareholders can expect a positive return, but adjusted for inflation, Apple will disappoint in the future compared to the last ten years. Due to a combination of lower growth (high competition, chip shortage), a lower buyback yield and a higher inflation which will increase the company's costs, Apple's stock will no longer outperform the market despite a promising product pipeline and a loyal customer base. The share price is the most important factor for future returns, and $145 per share is currently not very attractive.","news_type":1},"isVote":1,"tweetType":1,"viewCount":858,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":865891602,"gmtCreate":1632965463016,"gmtModify":1632965525499,"author":{"id":"3577945319352371","authorId":"3577945319352371","name":"R2D2","avatar":"https://static.tigerbbs.com/0b82ed09a21fdbec2d56ea0aca3b5342","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3577945319352371","authorIdStr":"3577945319352371"},"themes":[],"htmlText":"Had this stock.","listText":"Had this stock.","text":"Had this stock.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/865891602","repostId":"2171626987","repostType":4,"repost":{"id":"2171626987","kind":"highlight","pubTimestamp":1632964620,"share":"https://www.laohu8.com/m/news/2171626987?lang=&edition=full","pubTime":"2021-09-30 09:17","market":"us","language":"en","title":"If I Could Buy Only 1 Stock, This Would Be It","url":"https://stock-news.laohu8.com/highlight/detail?id=2171626987","media":"Motley Fool","summary":"Taking away the option to diversify changes what matters most, but it's still possible to find great all-purpose and all-weather picks.","content":"<blockquote>\n <b>Taking away the option to diversify changes what matters most, but it's still possible to find great all-purpose and all-weather picks.</b>\n</blockquote>\n<p><b>Key Points</b></p>\n<ul>\n <li>Technology companies are increasingly benefiting from subscription-based revenue, which is more reliable and predictable.</li>\n <li>Microsoft's revenue streams are far more diversified than most investors may realize.</li>\n <li>The analyst community believes Microsoft's offering and portfolio will translate into revenue growth going forward as well as it has in the recent past.</li>\n</ul>\n<p>It's easy to suggest individual stocks to a crowd of investors knowing those names will only make up part of their diversified portfolios. However, things change when an investor (including myself) is limited to just <a href=\"https://laohu8.com/S/AONE.U\">one</a> pick. That single stock has to check off a lot of boxes, the most important of which are balancing reliability, longevity, and above-average growth. That's a pretty tall order these days.</p>\n<p>There are a few companies out there of this ilk though, and my favorite all-weather name among them is<b> Microsoft</b> (NASDAQ:MSFT).</p>\n<p>Surprised? I get it. The company is seemingly dependent on just one highly competitive and often-cyclical technology business -- software, and its Windows operating systems in particular. The stock's also uncomfortably expensive right now, valued at more than 33 times this year's projected profits and more than 29 times next year's earnings estimates.. With a closer look though, you'll find that Microsoft is so much more than just Windows, and that this stock easily justifies its premium price.</p>\n<h3>Several ways to make money, and they all work</h3>\n<p>Its roots may have been in software sales. But, don't think for a minute this company hasn't evolved into an organization relevant to all of today's most important markets.</p>\n<p>The graphic below tells the tale, depicting recently ended fiscal 2021's results. No single business unit accounts for more than about one-third of Microsoft's revenue or profits. Indeed, the company's top and bottom lines are amazingly well distributed across all three of its key operating segments.</p>\n<p><img src=\"https://static.tigerbbs.com/6dc5da28f57d0e1ea35fcc3088e841f4\" tg-width=\"700\" tg-height=\"423\" referrerpolicy=\"no-referrer\"></p>\n<p>Data source: Microsoft. Chart by author.</p>\n<p>And this image still doesn't quite do the bullish thesis its full justice.</p>\n<p>Within the Productivity and Business Processes arm you'll find commercial and consumer office productivity software revenue -- think \"Office\" software suites -- as well as LinkedIn. The Intelligent Cloud unit not only offers products needed to power servers, but it also includes Azure software that allows cloud computing managers to interface with their hardware. More Personal Computing covers everything from the aforementioned Windows operating system to video gaming to laptops like the Surface. All told, Microsoft manages 14 distinctly different businesses. That gives the company plenty of opportunities to sell something to somebody at any given time, smoothing out any temporary headwinds faced by any one of its units.</p>\n<p>And don't look past the fact that Microsoft already enjoys a commanding control of the computer operating system market; GlobalStats' statcounter indicates that Windows is installed on 76% of the world's desktops and laptops. Already the centerpiece of most corporate and consumer computing environments, Microsoft is not only positioned as a gatekeeper, but a go-to app and software vendor. This positioning helps the company maintain its leading market share, as does the world's familiarity with Windows itself.</p>\n<p><img src=\"https://static.tigerbbs.com/9301e6d5d0a8701d14e0f3fac4791232\" tg-width=\"700\" tg-height=\"466\" referrerpolicy=\"no-referrer\"></p>\n<p>Image source: Getty Images.</p>\n<p>Bolstering the bullish agreement here is the less appreciated factoid that much of this revenue is the result of subscriptions to services like Xbox Game Pass, Office 365, and Azure.</p>\n<p>While the company itself isn't terribly forthcoming with the specifics, Microsoft confirmed during its most recent earnings call that its commercial (non-consumer) businesses are sitting on $141 billion worth of \"remaining performance obligations,\" up 32% year over year. That just means these clients have already agreed to purchase services, but the company can't yet book that revenue since the service itself has yet to be delivered. For perspective, Microsoft did $168.1 billion worth of business during fiscal 2021.</p>\n<h3>Look for more growth from Microsoft</h3>\n<p>The end result of all these dynamics is a company that's been growing reliably in a variety of ways for a variety of reasons. This <i>isn't</i> the proverbial one-trick pony it was 25 years ago, when Windows was at the core of everything the company did and one-time sales of software were the norm.</p>\n<p>As evidence of how brilliant this evolution has been, one only has to look at the company's past and projected fiscals. The analyst community is calling for revenue growth of 14% this year and nearly 13% next year, matched by comparable per-share earnings growth for the two-year stretch... and why not? We've lived without the cloud, mobile computing, and high-performance video games before; but, now that the world has gotten used to having all of these tech-based offerings around, people aren't apt to regress now.</p>\n<p><img src=\"https://static.tigerbbs.com/955d70dda02a3bba74fa5668c2b6e732\" tg-width=\"700\" tg-height=\"447\" referrerpolicy=\"no-referrer\"></p>\n<p>Data source: Thomson Reuters. Chart by author.</p>\n<p>Bottom line? The dots aren't too terribly tough to connect. While Microsoft faces competition on all fronts, somehow it still seems to be operating with a wide moat that keeps those competitors in check.</p>","source":"fool_stock","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>If I Could Buy Only 1 Stock, This Would Be It</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\">\nIf I Could Buy Only 1 Stock, This Would Be It\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-09-30 09:17 GMT+8 <a href=https://www.fool.com/investing/2021/09/29/if-i-could-buy-only-1-stock-this-would-be-it/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Taking away the option to diversify changes what matters most, but it's still possible to find great all-purpose and all-weather picks.\n\nKey Points\n\nTechnology companies are increasingly benefiting ...</p>\n\n<a href=\"https://www.fool.com/investing/2021/09/29/if-i-could-buy-only-1-stock-this-would-be-it/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"MSFT":"微软"},"source_url":"https://www.fool.com/investing/2021/09/29/if-i-could-buy-only-1-stock-this-would-be-it/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2171626987","content_text":"Taking away the option to diversify changes what matters most, but it's still possible to find great all-purpose and all-weather picks.\n\nKey Points\n\nTechnology companies are increasingly benefiting from subscription-based revenue, which is more reliable and predictable.\nMicrosoft's revenue streams are far more diversified than most investors may realize.\nThe analyst community believes Microsoft's offering and portfolio will translate into revenue growth going forward as well as it has in the recent past.\n\nIt's easy to suggest individual stocks to a crowd of investors knowing those names will only make up part of their diversified portfolios. However, things change when an investor (including myself) is limited to just one pick. That single stock has to check off a lot of boxes, the most important of which are balancing reliability, longevity, and above-average growth. That's a pretty tall order these days.\nThere are a few companies out there of this ilk though, and my favorite all-weather name among them is Microsoft (NASDAQ:MSFT).\nSurprised? I get it. The company is seemingly dependent on just one highly competitive and often-cyclical technology business -- software, and its Windows operating systems in particular. The stock's also uncomfortably expensive right now, valued at more than 33 times this year's projected profits and more than 29 times next year's earnings estimates.. With a closer look though, you'll find that Microsoft is so much more than just Windows, and that this stock easily justifies its premium price.\nSeveral ways to make money, and they all work\nIts roots may have been in software sales. But, don't think for a minute this company hasn't evolved into an organization relevant to all of today's most important markets.\nThe graphic below tells the tale, depicting recently ended fiscal 2021's results. No single business unit accounts for more than about one-third of Microsoft's revenue or profits. Indeed, the company's top and bottom lines are amazingly well distributed across all three of its key operating segments.\n\nData source: Microsoft. Chart by author.\nAnd this image still doesn't quite do the bullish thesis its full justice.\nWithin the Productivity and Business Processes arm you'll find commercial and consumer office productivity software revenue -- think \"Office\" software suites -- as well as LinkedIn. The Intelligent Cloud unit not only offers products needed to power servers, but it also includes Azure software that allows cloud computing managers to interface with their hardware. More Personal Computing covers everything from the aforementioned Windows operating system to video gaming to laptops like the Surface. All told, Microsoft manages 14 distinctly different businesses. That gives the company plenty of opportunities to sell something to somebody at any given time, smoothing out any temporary headwinds faced by any one of its units.\nAnd don't look past the fact that Microsoft already enjoys a commanding control of the computer operating system market; GlobalStats' statcounter indicates that Windows is installed on 76% of the world's desktops and laptops. Already the centerpiece of most corporate and consumer computing environments, Microsoft is not only positioned as a gatekeeper, but a go-to app and software vendor. This positioning helps the company maintain its leading market share, as does the world's familiarity with Windows itself.\n\nImage source: Getty Images.\nBolstering the bullish agreement here is the less appreciated factoid that much of this revenue is the result of subscriptions to services like Xbox Game Pass, Office 365, and Azure.\nWhile the company itself isn't terribly forthcoming with the specifics, Microsoft confirmed during its most recent earnings call that its commercial (non-consumer) businesses are sitting on $141 billion worth of \"remaining performance obligations,\" up 32% year over year. That just means these clients have already agreed to purchase services, but the company can't yet book that revenue since the service itself has yet to be delivered. For perspective, Microsoft did $168.1 billion worth of business during fiscal 2021.\nLook for more growth from Microsoft\nThe end result of all these dynamics is a company that's been growing reliably in a variety of ways for a variety of reasons. This isn't the proverbial one-trick pony it was 25 years ago, when Windows was at the core of everything the company did and one-time sales of software were the norm.\nAs evidence of how brilliant this evolution has been, one only has to look at the company's past and projected fiscals. The analyst community is calling for revenue growth of 14% this year and nearly 13% next year, matched by comparable per-share earnings growth for the two-year stretch... and why not? We've lived without the cloud, mobile computing, and high-performance video games before; but, now that the world has gotten used to having all of these tech-based offerings around, people aren't apt to regress now.\n\nData source: Thomson Reuters. Chart by author.\nBottom line? The dots aren't too terribly tough to connect. While Microsoft faces competition on all fronts, somehow it still seems to be operating with a wide moat that keeps those competitors in check.","news_type":1},"isVote":1,"tweetType":1,"viewCount":789,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":804624628,"gmtCreate":1627955102264,"gmtModify":1633754927960,"author":{"id":"3577945319352371","authorId":"3577945319352371","name":"R2D2","avatar":"https://static.tigerbbs.com/0b82ed09a21fdbec2d56ea0aca3b5342","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3577945319352371","authorIdStr":"3577945319352371"},"themes":[],"htmlText":"Follow her for the new new things","listText":"Follow her for the new new things","text":"Follow her for the new new things","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/804624628","repostId":"1141584423","repostType":4,"isVote":1,"tweetType":1,"viewCount":237,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":804626714,"gmtCreate":1627955004138,"gmtModify":1633754929348,"author":{"id":"3577945319352371","authorId":"3577945319352371","name":"R2D2","avatar":"https://static.tigerbbs.com/0b82ed09a21fdbec2d56ea0aca3b5342","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3577945319352371","authorIdStr":"3577945319352371"},"themes":[],"htmlText":"All the best to them in their personal lives. May they continue to donate generously.","listText":"All the best to them in their personal lives. May they continue to donate generously.","text":"All the best to them in their personal lives. May they continue to donate generously.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":2,"repostSize":0,"link":"https://laohu8.com/post/804626714","repostId":"1176403881","repostType":4,"repost":{"id":"1176403881","kind":"news","pubTimestamp":1627950766,"share":"https://www.laohu8.com/m/news/1176403881?lang=&edition=full","pubTime":"2021-08-03 08:32","market":"us","language":"en","title":"Bill and Melinda Gates have finalized their divorce","url":"https://stock-news.laohu8.com/highlight/detail?id=1176403881","media":"CNN Business","summary":"New York (CNN Business) - Bill Gates and Melinda French Gates are officially divorced, after a judge","content":"<p><b>New York (CNN Business) </b>- Bill Gates and Melinda French Gates are officially divorced, after a judge approved their split on Monday.</p>\n<p>The powerhouse couple — who met at Microsoft(MSFT) in 1987 and married in 1994 — announced in May that they would be ending their marriage after 27 years, saying, \"we no longer believe we can grow together as a couple in this next phase of our lives.\" French Gates filed the petition for divorce in King County, Washington.、</p>\n<p>The couple's divorce agreement was pursuant to a separation contract, which is not public. Neither person will pay spousal support, according to court documents filed Monday. No other financial details are included in publicly available documents.</p>\n<p>As of Monday, Gates' net worth was around $152 billion, according to the Bloomberg Billionaires Index, which means he and French Gates could each be worth around $76 billion following the divorce.</p>\n<p>French Gates does not plan to change her name, according to court documents.</p>\n<p>When the couple first announced their divorce, they said they would continue to jointly run their charity, the Bill and Melinda Gates Foundation, which had an endowment of roughly $50 billion at the end of 2020. However, the foundation said last month that the organization was planning a two-year trial period to see if the pair could continue working together effectively.</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>Bill and Melinda Gates have finalized their divorce</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\">\nBill and Melinda Gates have finalized their divorce\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-08-03 08:32 GMT+8 <a href=https://edition.cnn.com/2021/08/02/tech/bill-melinda-gates-divorce-finalized/index.html><strong>CNN Business</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>New York (CNN Business) - Bill Gates and Melinda French Gates are officially divorced, after a judge approved their split on Monday.\nThe powerhouse couple — who met at Microsoft(MSFT) in 1987 and ...</p>\n\n<a href=\"https://edition.cnn.com/2021/08/02/tech/bill-melinda-gates-divorce-finalized/index.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"MSFT":"微软"},"source_url":"https://edition.cnn.com/2021/08/02/tech/bill-melinda-gates-divorce-finalized/index.html","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1176403881","content_text":"New York (CNN Business) - Bill Gates and Melinda French Gates are officially divorced, after a judge approved their split on Monday.\nThe powerhouse couple — who met at Microsoft(MSFT) in 1987 and married in 1994 — announced in May that they would be ending their marriage after 27 years, saying, \"we no longer believe we can grow together as a couple in this next phase of our lives.\" French Gates filed the petition for divorce in King County, Washington.、\nThe couple's divorce agreement was pursuant to a separation contract, which is not public. Neither person will pay spousal support, according to court documents filed Monday. No other financial details are included in publicly available documents.\nAs of Monday, Gates' net worth was around $152 billion, according to the Bloomberg Billionaires Index, which means he and French Gates could each be worth around $76 billion following the divorce.\nFrench Gates does not plan to change her name, according to court documents.\nWhen the couple first announced their divorce, they said they would continue to jointly run their charity, the Bill and Melinda Gates Foundation, which had an endowment of roughly $50 billion at the end of 2020. However, the foundation said last month that the organization was planning a two-year trial period to see if the pair could continue working together effectively.","news_type":1},"isVote":1,"tweetType":1,"viewCount":314,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":179477849,"gmtCreate":1626574583381,"gmtModify":1631888361007,"author":{"id":"3577945319352371","authorId":"3577945319352371","name":"R2D2","avatar":"https://static.tigerbbs.com/0b82ed09a21fdbec2d56ea0aca3b5342","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3577945319352371","authorIdStr":"3577945319352371"},"themes":[],"htmlText":"Agree","listText":"Agree","text":"Agree","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/179477849","repostId":"1149577900","repostType":4,"isVote":1,"tweetType":1,"viewCount":326,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":145270711,"gmtCreate":1626227579433,"gmtModify":1633928837812,"author":{"id":"3577945319352371","authorId":"3577945319352371","name":"R2D2","avatar":"https://static.tigerbbs.com/0b82ed09a21fdbec2d56ea0aca3b5342","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3577945319352371","authorIdStr":"3577945319352371"},"themes":[],"htmlText":"Overpriced","listText":"Overpriced","text":"Overpriced","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/145270711","repostId":"1120920517","repostType":4,"repost":{"id":"1120920517","kind":"news","pubTimestamp":1626221377,"share":"https://www.laohu8.com/m/news/1120920517?lang=&edition=full","pubTime":"2021-07-14 08:09","market":"us","language":"en","title":"Why Tesla Stock Just Gave Back Half of Yesterday's Gains","url":"https://stock-news.laohu8.com/highlight/detail?id=1120920517","media":"Motley Fool","summary":"What happened\nAfterracing upwardby more than 4% in Monday trading,Tesla(NASDAQ:TSLA)give back half o","content":"<p><b>What happened</b></p>\n<p>Afterracing upwardby more than 4% in Monday trading,<b>Tesla</b>(NASDAQ:TSLA)give back half of its stock price gains Tuesday.</p>\n<p>As of 2:52 p.m. EDT, shares of theelectric carmanufacturer were down by 2.5% from Monday's close.</p>\n<p><b>So what</b></p>\n<p>So what was troubling Tesla on Tuesday? Well, for one thing, there's theongoing trialquestioning the propriety of its $2.6 billion acquisition of SolarCity in 2016. Plaintiffs in the case allege that CEO Elon Musk put his own financial interests ahead of those of Tesla's shareholders. That's obviously not a good look for the company.</p>\n<p>Meanwhile, Wall Street is still digesting the import of recent pricing moves, and of Tesla's weekend rollout of \"FSD v.9.0 Beta,\" the latest iteration of the software that's supposed to help make Tesla cars autonomous and usher in an age of robo-taxis.</p>\n<p>In a note it put out Tuesday morning, Goldman Sachs asserted that increased sales and higher prices on Teslas sold will help the company earn an above-consensus $5 a share in 2021. On the other hand, notesTheFly.com, Goldman does worry thatchip shortagesin theautomotive industrycould curtail Tesla's production numbers this quarter. If Tesla isn't able to sell as many higher-priced Model S and Model X cars as Wall Street expects, that could weigh on profits.</p>\n<p><b>Now what</b></p>\n<p>Rumors of a price hike on the FSD feature (which some speculate could rise from $10,000 currently to $14,000) could help boost Tesla's profits, of course. On the other hand, in a note released Monday, analysts at Citigroup warned that as far as autonomous driving goes, the new FSD software \"doesn't appear very different than\" the software that preceded it, and certainly falls short of the level of independence that would permit transforming Teslas into robo-taxis, as Musk has predicted.</p>\n<p>In short, even with share prices down 24% from their highs earlier this year, Citi sees Tesla stock as overpriced. Unlike Goldman Sachs, which thinks Tesla is a \"buy,\" Citi still argues it's a \"sell\" -- and worthno more than $175 a share.</p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Why Tesla Stock Just Gave Back Half of Yesterday's Gains</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nWhy Tesla Stock Just Gave Back Half of Yesterday's Gains\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-07-14 08:09 GMT+8 <a href=https://www.fool.com/investing/2021/07/13/why-tesla-stock-just-gave-back-half-its-gains/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>What happened\nAfterracing upwardby more than 4% in Monday trading,Tesla(NASDAQ:TSLA)give back half of its stock price gains Tuesday.\nAs of 2:52 p.m. EDT, shares of theelectric carmanufacturer were ...</p>\n\n<a href=\"https://www.fool.com/investing/2021/07/13/why-tesla-stock-just-gave-back-half-its-gains/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"TSLA":"特斯拉"},"source_url":"https://www.fool.com/investing/2021/07/13/why-tesla-stock-just-gave-back-half-its-gains/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1120920517","content_text":"What happened\nAfterracing upwardby more than 4% in Monday trading,Tesla(NASDAQ:TSLA)give back half of its stock price gains Tuesday.\nAs of 2:52 p.m. EDT, shares of theelectric carmanufacturer were down by 2.5% from Monday's close.\nSo what\nSo what was troubling Tesla on Tuesday? Well, for one thing, there's theongoing trialquestioning the propriety of its $2.6 billion acquisition of SolarCity in 2016. Plaintiffs in the case allege that CEO Elon Musk put his own financial interests ahead of those of Tesla's shareholders. That's obviously not a good look for the company.\nMeanwhile, Wall Street is still digesting the import of recent pricing moves, and of Tesla's weekend rollout of \"FSD v.9.0 Beta,\" the latest iteration of the software that's supposed to help make Tesla cars autonomous and usher in an age of robo-taxis.\nIn a note it put out Tuesday morning, Goldman Sachs asserted that increased sales and higher prices on Teslas sold will help the company earn an above-consensus $5 a share in 2021. On the other hand, notesTheFly.com, Goldman does worry thatchip shortagesin theautomotive industrycould curtail Tesla's production numbers this quarter. If Tesla isn't able to sell as many higher-priced Model S and Model X cars as Wall Street expects, that could weigh on profits.\nNow what\nRumors of a price hike on the FSD feature (which some speculate could rise from $10,000 currently to $14,000) could help boost Tesla's profits, of course. On the other hand, in a note released Monday, analysts at Citigroup warned that as far as autonomous driving goes, the new FSD software \"doesn't appear very different than\" the software that preceded it, and certainly falls short of the level of independence that would permit transforming Teslas into robo-taxis, as Musk has predicted.\nIn short, even with share prices down 24% from their highs earlier this year, Citi sees Tesla stock as overpriced. Unlike Goldman Sachs, which thinks Tesla is a \"buy,\" Citi still argues it's a \"sell\" -- and worthno more than $175 a share.","news_type":1},"isVote":1,"tweetType":1,"viewCount":367,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":145244447,"gmtCreate":1626227474789,"gmtModify":1633928839310,"author":{"id":"3577945319352371","authorId":"3577945319352371","name":"R2D2","avatar":"https://static.tigerbbs.com/0b82ed09a21fdbec2d56ea0aca3b5342","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3577945319352371","authorIdStr":"3577945319352371"},"themes":[],"htmlText":"They would stay our of the game","listText":"They would stay our of the game","text":"They would stay our of the game","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/145244447","repostId":"1171237961","repostType":4,"repost":{"id":"1171237961","kind":"news","pubTimestamp":1626221936,"share":"https://www.laohu8.com/m/news/1171237961?lang=&edition=full","pubTime":"2021-07-14 08:18","market":"us","language":"en","title":"Can the Fed avoid negative interest rates in the next downturn?","url":"https://stock-news.laohu8.com/highlight/detail?id=1171237961","media":"yahoo","summary":"The Federal Reserve managed to avoid turning to negative interest rates through the pandemic-induced","content":"<p>The Federal Reserve managed to avoid turning to negative interest rates through the pandemic-induced recession of 2020. But if the economy faces another downturn, will the central bank be backed into short-term borrowing rates below zero?</p>\n<p>In aUBS surveyof almost 30 central banks around the world, 21% of respondents said they could see the Fed turning to negative interest rates if needed.</p>\n<p>The concern: With U.S. short-term rates yet again backed up at near-zero, a Fed that may beslower to raise interest rateswill not have the room to again cut rates in the next crisis.</p>\n<p>But Fed officials, who managed to avoid the tool through an economic shutdown of unprecedented scale, have made it clear that negative interest rates are low on their lists of preferred policy tools.</p>\n<p>“Negative rates I think have a worse cost-benefit relationship than the other tools that we have,” New York Fed President John Williams told reporters on Monday morning.</p>\n<p>AnOctober 2019 discussionof negative rates noted that all of the Fed’s policy-setting members disliked the idea of implementing the policy in the U.S.</p>\n<p>“The committee’s view on negative rates really has not changed. This is not something we’re looking at,” Powell said in May 2020.</p>\n<p>Still, the central bank hasn’t explicitly ruled out its possible use in the future.</p>\n<p><b>‘Rather stay out of that game’</b></p>\n<p>Negative interest rate policies, such as those deployed by the European Central Bank and the Bank of Japan, attempt to stimulate the economy by penalizing banks for parking money at the central bank. The idea is to push banks to lend into the economy by further discouraging saving.</p>\n<p>But Fed officials have worried about the distortions that could come with negative short-term rates in the U.S., where the importance of U.S. government debt markets and the U.S. dollar could have wide-reaching and international financial stability consequences.</p>\n<p>“You’ve got Japan and Europe mired in negative interest rates,” St. Louis Fed President James Bullardtold Yahoo Finance on May 24. “We’d rather stay out of that game.”</p>\n<p>UBS noted that the $4.5 trillion money market, which is heavily reliant on short-term rates, is too large — and too interconnected to public and private sectors — to be toyed around with.</p>\n<p>“Implementing a negative interest rate policy in the U.S. would be too much of a disruptor (not the same issue overseas),” UBS Chief Investment Officer Solita Marcelli wrote.</p>\n<p>The playbook in the next crisis might therefore look similar to the one used last year: near-zero rates, aggressive asset purchases, and an armada of liquidity facilities to backstop various financial markets.</p>\n<p>Williams specifically said the Fed's purchases of U.S. Treasuries and agency mortgage-backed securities have been \"critically important.\" The Fed has only recently begun conversations about slowing the pace of those purchases, as the central bank's balance sheet soars past the $8 trillion mark.</p>\n<p><img src=\"https://static.tigerbbs.com/7accbdd2071471c525d7cd6ecce430ae\" tg-width=\"705\" tg-height=\"272\"></p>\n<p>“These tools, they’re not really as unconventional as they used to be,” Williams said Monday.</p>\n<p>The UBS survey notes that the Fed could still get creative if it needed to. About 45% of respondents said they could see the Fed buying stocks and about 65% said they could see the Fed targeting medium- to longer-dated bond yields (through a tool calledyield curve control) in the next crisis.</p>","source":"lsy1584348713084","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>Can the Fed avoid negative interest rates in the next downturn?</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\">\nCan the Fed avoid negative interest rates in the next downturn?\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-07-14 08:18 GMT+8 <a href=https://finance.yahoo.com/news/can-the-fed-avoid-negative-interest-rates-in-the-next-downturn-133021653.html><strong>yahoo</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>The Federal Reserve managed to avoid turning to negative interest rates through the pandemic-induced recession of 2020. But if the economy faces another downturn, will the central bank be backed into ...</p>\n\n<a href=\"https://finance.yahoo.com/news/can-the-fed-avoid-negative-interest-rates-in-the-next-downturn-133021653.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".DJI":"道琼斯",".SPX":"S&P 500 Index",".IXIC":"NASDAQ Composite","SPY":"标普500ETF"},"source_url":"https://finance.yahoo.com/news/can-the-fed-avoid-negative-interest-rates-in-the-next-downturn-133021653.html","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1171237961","content_text":"The Federal Reserve managed to avoid turning to negative interest rates through the pandemic-induced recession of 2020. But if the economy faces another downturn, will the central bank be backed into short-term borrowing rates below zero?\nIn aUBS surveyof almost 30 central banks around the world, 21% of respondents said they could see the Fed turning to negative interest rates if needed.\nThe concern: With U.S. short-term rates yet again backed up at near-zero, a Fed that may beslower to raise interest rateswill not have the room to again cut rates in the next crisis.\nBut Fed officials, who managed to avoid the tool through an economic shutdown of unprecedented scale, have made it clear that negative interest rates are low on their lists of preferred policy tools.\n“Negative rates I think have a worse cost-benefit relationship than the other tools that we have,” New York Fed President John Williams told reporters on Monday morning.\nAnOctober 2019 discussionof negative rates noted that all of the Fed’s policy-setting members disliked the idea of implementing the policy in the U.S.\n“The committee’s view on negative rates really has not changed. This is not something we’re looking at,” Powell said in May 2020.\nStill, the central bank hasn’t explicitly ruled out its possible use in the future.\n‘Rather stay out of that game’\nNegative interest rate policies, such as those deployed by the European Central Bank and the Bank of Japan, attempt to stimulate the economy by penalizing banks for parking money at the central bank. The idea is to push banks to lend into the economy by further discouraging saving.\nBut Fed officials have worried about the distortions that could come with negative short-term rates in the U.S., where the importance of U.S. government debt markets and the U.S. dollar could have wide-reaching and international financial stability consequences.\n“You’ve got Japan and Europe mired in negative interest rates,” St. Louis Fed President James Bullardtold Yahoo Finance on May 24. “We’d rather stay out of that game.”\nUBS noted that the $4.5 trillion money market, which is heavily reliant on short-term rates, is too large — and too interconnected to public and private sectors — to be toyed around with.\n“Implementing a negative interest rate policy in the U.S. would be too much of a disruptor (not the same issue overseas),” UBS Chief Investment Officer Solita Marcelli wrote.\nThe playbook in the next crisis might therefore look similar to the one used last year: near-zero rates, aggressive asset purchases, and an armada of liquidity facilities to backstop various financial markets.\nWilliams specifically said the Fed's purchases of U.S. Treasuries and agency mortgage-backed securities have been \"critically important.\" The Fed has only recently begun conversations about slowing the pace of those purchases, as the central bank's balance sheet soars past the $8 trillion mark.\n\n“These tools, they’re not really as unconventional as they used to be,” Williams said Monday.\nThe UBS survey notes that the Fed could still get creative if it needed to. About 45% of respondents said they could see the Fed buying stocks and about 65% said they could see the Fed targeting medium- to longer-dated bond yields (through a tool calledyield curve control) in the next crisis.","news_type":1},"isVote":1,"tweetType":1,"viewCount":213,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":124517788,"gmtCreate":1624772358144,"gmtModify":1633948761449,"author":{"id":"3577945319352371","authorId":"3577945319352371","name":"R2D2","avatar":"https://static.tigerbbs.com/0b82ed09a21fdbec2d56ea0aca3b5342","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3577945319352371","authorIdStr":"3577945319352371"},"themes":[],"htmlText":"👍","listText":"👍","text":"👍","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/124517788","repostId":"1104974895","repostType":4,"repost":{"id":"1104974895","kind":"news","pubTimestamp":1624764940,"share":"https://www.laohu8.com/m/news/1104974895?lang=&edition=full","pubTime":"2021-06-27 11:35","market":"us","language":"en","title":"Microsoft Rides Its Cloud Business to a $2 Trillion Market Cap. It’s Not Done Yet.","url":"https://stock-news.laohu8.com/highlight/detail?id=1104974895","media":"Barrons","summary":"Microsoft is now the second company to boast a $2 trillion market capitalization, following Apple,wh","content":"<p>Microsoft is now the second company to boast a $2 trillion market capitalization, following Apple,which breached that level last August. And Microsoft may go higher yet.</p>\n<p>Wedbush analyst Daniel Ives this past week reiterated his Outperform rating on the software giant, lifting his price target on the shares to $325 from $310. That represents a potential gain of more than 20%, which would take the company’s market value to $2.4 trillion. His enthusiasm for the stock is driven by Microsoft’s cloud business, Azure.</p>\n<p>On Wednesday, Microsoft shares inched up 0.1% to $265.79, a new high, boosting its market cap to $2.004 trillion. (Apple is at roughly $2.2 trillion.) Ives notes that June channel checks find improving demand for Azure. “The Azure cloud growth story is hitting its next gear of growth,” he writes. “We are seeing deal sizes continue to increase markedly as enterprisewide digital transformation shifts are accelerating with CIOs all focused on readying their respective enterprises for a cloud-driven architecture.”</p>\n<p>Wall Street concerns that cloud growth will moderate coming out of the pandemic run counter to the deal activity Microsoft is seeing, Ives writes, noting that June-quarter results appear to be “robust.” He thinks Microsoft is still only about 35% into the conversion of its installed application base into the cloud.</p>\n<p>Ives sees continuing global “digital transformation” as a $1 trillion opportunity, and says Microsoft will disproportionately benefit. “Microsoft remains our favorite large-cap cloud play and we believe the stock will start to move higher over the coming quarters...,” he writes. “The growth story at Microsoft is not slowing down.”</p>\n<p><img src=\"https://static.tigerbbs.com/19e4bb0961389beaa2711931e02dc060\" tg-width=\"970\" tg-height=\"672\"><img src=\"https://static.tigerbbs.com/1a62e0638b1f4f9c28301e4d93721571\" tg-width=\"981\" tg-height=\"684\"></p>","source":"lsy1601382232898","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>Microsoft Rides Its Cloud Business to a $2 Trillion Market Cap. It’s Not Done Yet.</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\">\nMicrosoft Rides Its Cloud Business to a $2 Trillion Market Cap. It’s Not Done Yet.\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-27 11:35 GMT+8 <a href=https://www.barrons.com/articles/microsoft-market-cap-51624670572?mod=RTA><strong>Barrons</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Microsoft is now the second company to boast a $2 trillion market capitalization, following Apple,which breached that level last August. And Microsoft may go higher yet.\nWedbush analyst Daniel Ives ...</p>\n\n<a href=\"https://www.barrons.com/articles/microsoft-market-cap-51624670572?mod=RTA\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"MSFT":"微软"},"source_url":"https://www.barrons.com/articles/microsoft-market-cap-51624670572?mod=RTA","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1104974895","content_text":"Microsoft is now the second company to boast a $2 trillion market capitalization, following Apple,which breached that level last August. And Microsoft may go higher yet.\nWedbush analyst Daniel Ives this past week reiterated his Outperform rating on the software giant, lifting his price target on the shares to $325 from $310. That represents a potential gain of more than 20%, which would take the company’s market value to $2.4 trillion. His enthusiasm for the stock is driven by Microsoft’s cloud business, Azure.\nOn Wednesday, Microsoft shares inched up 0.1% to $265.79, a new high, boosting its market cap to $2.004 trillion. (Apple is at roughly $2.2 trillion.) Ives notes that June channel checks find improving demand for Azure. “The Azure cloud growth story is hitting its next gear of growth,” he writes. “We are seeing deal sizes continue to increase markedly as enterprisewide digital transformation shifts are accelerating with CIOs all focused on readying their respective enterprises for a cloud-driven architecture.”\nWall Street concerns that cloud growth will moderate coming out of the pandemic run counter to the deal activity Microsoft is seeing, Ives writes, noting that June-quarter results appear to be “robust.” He thinks Microsoft is still only about 35% into the conversion of its installed application base into the cloud.\nIves sees continuing global “digital transformation” as a $1 trillion opportunity, and says Microsoft will disproportionately benefit. “Microsoft remains our favorite large-cap cloud play and we believe the stock will start to move higher over the coming quarters...,” he writes. “The growth story at Microsoft is not slowing down.”","news_type":1},"isVote":1,"tweetType":1,"viewCount":425,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"hots":[{"id":804624628,"gmtCreate":1627955102264,"gmtModify":1633754927960,"author":{"id":"3577945319352371","authorId":"3577945319352371","name":"R2D2","avatar":"https://static.tigerbbs.com/0b82ed09a21fdbec2d56ea0aca3b5342","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3577945319352371","authorIdStr":"3577945319352371"},"themes":[],"htmlText":"Follow her for the new new things","listText":"Follow her for the new new things","text":"Follow her for the new new things","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/804624628","repostId":"1141584423","repostType":4,"isVote":1,"tweetType":1,"viewCount":237,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":804626714,"gmtCreate":1627955004138,"gmtModify":1633754929348,"author":{"id":"3577945319352371","authorId":"3577945319352371","name":"R2D2","avatar":"https://static.tigerbbs.com/0b82ed09a21fdbec2d56ea0aca3b5342","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3577945319352371","authorIdStr":"3577945319352371"},"themes":[],"htmlText":"All the best to them in their personal lives. May they continue to donate generously.","listText":"All the best to them in their personal lives. May they continue to donate generously.","text":"All the best to them in their personal lives. May they continue to donate generously.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":2,"repostSize":0,"link":"https://laohu8.com/post/804626714","repostId":"1176403881","repostType":4,"repost":{"id":"1176403881","kind":"news","pubTimestamp":1627950766,"share":"https://www.laohu8.com/m/news/1176403881?lang=&edition=full","pubTime":"2021-08-03 08:32","market":"us","language":"en","title":"Bill and Melinda Gates have finalized their divorce","url":"https://stock-news.laohu8.com/highlight/detail?id=1176403881","media":"CNN Business","summary":"New York (CNN Business) - Bill Gates and Melinda French Gates are officially divorced, after a judge","content":"<p><b>New York (CNN Business) </b>- Bill Gates and Melinda French Gates are officially divorced, after a judge approved their split on Monday.</p>\n<p>The powerhouse couple — who met at Microsoft(MSFT) in 1987 and married in 1994 — announced in May that they would be ending their marriage after 27 years, saying, \"we no longer believe we can grow together as a couple in this next phase of our lives.\" French Gates filed the petition for divorce in King County, Washington.、</p>\n<p>The couple's divorce agreement was pursuant to a separation contract, which is not public. Neither person will pay spousal support, according to court documents filed Monday. No other financial details are included in publicly available documents.</p>\n<p>As of Monday, Gates' net worth was around $152 billion, according to the Bloomberg Billionaires Index, which means he and French Gates could each be worth around $76 billion following the divorce.</p>\n<p>French Gates does not plan to change her name, according to court documents.</p>\n<p>When the couple first announced their divorce, they said they would continue to jointly run their charity, the Bill and Melinda Gates Foundation, which had an endowment of roughly $50 billion at the end of 2020. However, the foundation said last month that the organization was planning a two-year trial period to see if the pair could continue working together effectively.</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>Bill and Melinda Gates have finalized their divorce</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\">\nBill and Melinda Gates have finalized their divorce\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-08-03 08:32 GMT+8 <a href=https://edition.cnn.com/2021/08/02/tech/bill-melinda-gates-divorce-finalized/index.html><strong>CNN Business</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>New York (CNN Business) - Bill Gates and Melinda French Gates are officially divorced, after a judge approved their split on Monday.\nThe powerhouse couple — who met at Microsoft(MSFT) in 1987 and ...</p>\n\n<a href=\"https://edition.cnn.com/2021/08/02/tech/bill-melinda-gates-divorce-finalized/index.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"MSFT":"微软"},"source_url":"https://edition.cnn.com/2021/08/02/tech/bill-melinda-gates-divorce-finalized/index.html","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1176403881","content_text":"New York (CNN Business) - Bill Gates and Melinda French Gates are officially divorced, after a judge approved their split on Monday.\nThe powerhouse couple — who met at Microsoft(MSFT) in 1987 and married in 1994 — announced in May that they would be ending their marriage after 27 years, saying, \"we no longer believe we can grow together as a couple in this next phase of our lives.\" French Gates filed the petition for divorce in King County, Washington.、\nThe couple's divorce agreement was pursuant to a separation contract, which is not public. Neither person will pay spousal support, according to court documents filed Monday. No other financial details are included in publicly available documents.\nAs of Monday, Gates' net worth was around $152 billion, according to the Bloomberg Billionaires Index, which means he and French Gates could each be worth around $76 billion following the divorce.\nFrench Gates does not plan to change her name, according to court documents.\nWhen the couple first announced their divorce, they said they would continue to jointly run their charity, the Bill and Melinda Gates Foundation, which had an endowment of roughly $50 billion at the end of 2020. However, the foundation said last month that the organization was planning a two-year trial period to see if the pair could continue working together effectively.","news_type":1},"isVote":1,"tweetType":1,"viewCount":314,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":850554773,"gmtCreate":1634610695167,"gmtModify":1634610695372,"author":{"id":"3577945319352371","authorId":"3577945319352371","name":"R2D2","avatar":"https://static.tigerbbs.com/0b82ed09a21fdbec2d56ea0aca3b5342","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3577945319352371","authorIdStr":"3577945319352371"},"themes":[],"htmlText":"Agree","listText":"Agree","text":"Agree","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/850554773","repostId":"1175707103","repostType":4,"repost":{"id":"1175707103","kind":"news","pubTimestamp":1634610155,"share":"https://www.laohu8.com/m/news/1175707103?lang=&edition=full","pubTime":"2021-10-19 10:22","market":"us","language":"en","title":"Apple: The Past Decade Can't Be Repeated","url":"https://stock-news.laohu8.com/highlight/detail?id=1175707103","media":"Seeking Alpha","summary":"Summary\n\nA return of more than 860% in 10 years made many shareholders happy.\nThis return was based ","content":"<p><b>Summary</b></p>\n<ul>\n <li>A return of more than 860% in 10 years made many shareholders happy.</li>\n <li>This return was based on double-digit growth rates, aggressive buybacks and a solid customer base.</li>\n <li>However, slowing growth, a worsened balance sheet, competition and, most important, Apple's valuation will likely lead to decreasing returns in the near future.</li>\n <li>Even if new products are excellent and stand out from competitors, it will be very hard to achieve similar returns for the stock.</li>\n</ul>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/c48faf1320d58a68f652bbf7b8e93adf\" tg-width=\"1536\" tg-height=\"1024\" width=\"100%\" height=\"auto\"><span>Nikada/iStock Unreleased via Getty Images</span></p>\n<p><b>1. Looking back at an impressive decade</b></p>\n<p>Apple's (AAPL) stock showed a stunning performance over the last 10 years.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/f670db7ff8b0f2f186fa8dad803627f7\" tg-width=\"635\" tg-height=\"417\" width=\"100%\" height=\"auto\"><span>Data by YCharts</span></p>\n<p>The stock returned 861% or 25.4% annually, which is an above average return compared to the S&P 500 with just about 263%. Apple has a stunning growth record over the past decade which is one reason for the long rally. Revenues grew from $108 bn. in 2011 to expected revenues in 2021 of $365 bn. (+238%) while net income increased from $26 bn. to $95 bn. in 2021 (+265%).</p>\n<table>\n <tbody>\n <tr>\n <td><b>2011</b></td>\n <td><b>2012</b></td>\n <td><b>2013</b></td>\n <td><b>2014</b></td>\n <td><b>2015</b></td>\n <td><b>2016</b></td>\n <td><b>2017</b></td>\n <td><b>2018</b></td>\n <td><b>2019</b></td>\n <td><b>2020</b></td>\n <td><b>2021 (e)</b></td>\n </tr>\n <tr>\n <td><b>Revenue (bn. USD)</b></td>\n <td>108</td>\n <td>156</td>\n <td>171</td>\n <td>183</td>\n <td>231</td>\n <td>214</td>\n <td>229</td>\n <td>266</td>\n <td>260</td>\n <td>274</td>\n <td>365</td>\n </tr>\n <tr>\n <td><b>Net income (bn. USD)</b></td>\n <td>26</td>\n <td>42</td>\n <td>37</td>\n <td>40</td>\n <td>53</td>\n <td>46</td>\n <td>48</td>\n <td>60</td>\n <td>55</td>\n <td>57</td>\n <td>95</td>\n </tr>\n <tr>\n <td><b>EPS*(USD)</b></td>\n <td>1.56</td>\n <td>2.51</td>\n <td>2.22</td>\n <td>2.38</td>\n <td>3.21</td>\n <td>2.75</td>\n <td>2.91</td>\n <td>3.57</td>\n <td>3.33</td>\n <td>3.45</td>\n <td>5.7</td>\n </tr>\n </tbody>\n</table>\n<p>[*EPS numbers adjusted for stock splits in 2015 (7:1) and 2020 (4:1), calculation with 16.63 billion shares]</p>\n<p><b>2. Aggressive buybacks</b></p>\n<p>Although the company's fundamental growth was great, the stock's gain was even more phenomenal. A second reason were permanent and aggressive stock buybacks by Apple. In2011, Apple had 926 million shares outstanding, according to the quarterly report from June. Adjusted for the two stock splits, the number should have increased to 25.93 bn. shares. Surprisingly, Apple had just 16.63 bn. shares outstanding at the end of June 2021, which means that share count was reduced by nearly 36% in just one decade. The buybacks definitely contributed to the stock's stellar performance, but the higher the stock climbed over the years, the more Apple had to pay to buy back shares. The buybacks are reflected in the company's balance sheet which has worsened significantly.</p>\n<table>\n <tbody>\n <tr>\n <td><b>2011</b></td>\n <td><b>2012</b></td>\n <td><b>2013</b></td>\n <td><b>2014</b></td>\n <td><b>2015</b></td>\n <td><b>2016</b></td>\n <td><b>2017</b></td>\n <td><b>2018</b></td>\n <td><b>2019</b></td>\n <td><b>2020</b></td>\n <td><b>2021</b></td>\n </tr>\n <tr>\n <td><b>Equity (bn. USD)</b></td>\n <td>70</td>\n <td>118</td>\n <td>124</td>\n <td>111</td>\n <td>119</td>\n <td>128</td>\n <td>134</td>\n <td>107</td>\n <td>90</td>\n <td>65</td>\n <td>64</td>\n </tr>\n <tr>\n <td><b>Liabilities (bn. USD)</b></td>\n <td>37</td>\n <td>58</td>\n <td>83</td>\n <td>120</td>\n <td>171</td>\n <td>193</td>\n <td>241</td>\n <td>259</td>\n <td>248</td>\n <td>259</td>\n <td>265</td>\n </tr>\n <tr>\n <td><b>Equity ratio (%)</b></td>\n <td>65</td>\n <td>67</td>\n <td>60</td>\n <td>48</td>\n <td>41</td>\n <td>40</td>\n <td>36</td>\n <td>29</td>\n <td>27</td>\n <td>20</td>\n <td>19.5</td>\n </tr>\n </tbody>\n</table>\n<p>Equity and equity ratio are in an obvious downward trend while liabilities have increased. However, the deterioration of the balance sheet hasn't had an impact yet on Apple's power to generate and increase revenues and earnings. With $95 bn. net income this year, Apple shows a return on equity (ROE) of 148% (!), a number not many companies achieve. So while the balance sheet is nothing to worry about in regard to Apple's business, it will have an impact on the company's ability to buy back shares. Even if Apple spends all its net income on buybacks (which would be a new annual buyback record), this number would just represent 3.9% of Apple's total market cap of $2.41 trillion. As a result, the company must spend more cash in the future to buy back the same percentage of shares as it did during the last ten years.</p>\n<p><b>3. Valuation</b></p>\n<p>Apple currently trades for $145 per share (as of 10/18/21) and has a total market cap of $2.41 trillion. EPS for 2021 is about $5.7, so the P/E ratio is 25.4. The P/B ratio climbed to a whopping 37.6 (which can be partly explained by buybacks). High P/B ratios are not unusual for tech companies (many patents, intangible assets and brand value do not count for equity), but the number for Apple is really extreme. Cash flow per share of around $6.5 per share results in a P/CF ratio of 22. The average EPS of the last decade was $3.2. Hence, the CAPE ratio for Apple is 45.3, a number which also indicates an ambitious valuation.</p>\n<p>All these numbers indicate that future returns are likely to be lower than the returns of the past decade.</p>\n<p><b>4. Growth perspectives and product pipeline</b></p>\n<p>In the past decade, Apple grew its net income by 13.8% annually and expects an increase of more than 66% this year. In the third quarter 2021, Apple increased its computer sales by 7.4% and increased its market share to 8.6% of worldwide sales. Smartphone sales decreased in the third quarter 2021 by 6% because of the chip shortage, but Apple increased its market share from 12% to 15% due to strong demand for the iPhone 13, which means that shipments grew by ca. 17% YoY. All in all, the market data shows that consumers strongly demand Apple products (MacBook, iPhone, iPad etc.) and also accept higher expenditures for high-quality products. However, the chip shortage will likely hurt Apple's sales in the quarters to come. Hence, it will be difficult for Apple to grow next year as revenues will take a hit. In the long term, Apple must differentiate from its competitors Samsung (OTC:SSNLF), Lenovo (OTCPK:LNVGY,OTCPK:LNVGF),HP Inc. (HPQ) andXiaomi(OTCPK:XIACF,OTCPK:XIACY) with special features and design, because some consumers (who are not pure Apple fans) will prefer price over features and design. I expect revenues to be flat next year or even lower than 2021 when the post-pandemic computer boom will flatten. The average growth rate for net income and revenue in the next decade is probably lower than in the past decade.</p>\n<p><b>5. Conclusion</b></p>\n<p>Since Apple's total market cap is already very high, it will be harder to boost share performance via buybacks. Consequently, the stock's total performance in the next decade (2022-2032) will be lower than the performance in the 2010s, especially because the stock has already outperformed Apple's fundamental performance.</p>\n<p>My conservative estimate is a net income growth rate of 5-7% p.a. and a buyback yield of just 1.5-2.0%. The earnings yield for the stock is currently 4% (P/E ratio of 25). Hence, the total annual return for the next ten years will possibly be between 5.5-9.0% which is significantly lower than the 25.4% from 2011-2021.</p>\n<p>All in all, even at a current stock price of $145 per share, shareholders can expect a positive return, but adjusted for inflation, Apple will disappoint in the future compared to the last ten years. Due to a combination of lower growth (high competition, chip shortage), a lower buyback yield and a higher inflation which will increase the company's costs, Apple's stock will no longer outperform the market despite a promising product pipeline and a loyal customer base. The share price is the most important factor for future returns, and $145 per share is currently not very attractive.</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>Apple: The Past Decade Can't Be Repeated</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\">\nApple: The Past Decade Can't Be Repeated\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-10-19 10:22 GMT+8 <a href=https://seekingalpha.com/article/4460481-apple-stock-past-decade-cant-be-repeated><strong>Seeking Alpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Summary\n\nA return of more than 860% in 10 years made many shareholders happy.\nThis return was based on double-digit growth rates, aggressive buybacks and a solid customer base.\nHowever, slowing growth...</p>\n\n<a href=\"https://seekingalpha.com/article/4460481-apple-stock-past-decade-cant-be-repeated\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"AAPL":"苹果"},"source_url":"https://seekingalpha.com/article/4460481-apple-stock-past-decade-cant-be-repeated","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1175707103","content_text":"Summary\n\nA return of more than 860% in 10 years made many shareholders happy.\nThis return was based on double-digit growth rates, aggressive buybacks and a solid customer base.\nHowever, slowing growth, a worsened balance sheet, competition and, most important, Apple's valuation will likely lead to decreasing returns in the near future.\nEven if new products are excellent and stand out from competitors, it will be very hard to achieve similar returns for the stock.\n\nNikada/iStock Unreleased via Getty Images\n1. Looking back at an impressive decade\nApple's (AAPL) stock showed a stunning performance over the last 10 years.\nData by YCharts\nThe stock returned 861% or 25.4% annually, which is an above average return compared to the S&P 500 with just about 263%. Apple has a stunning growth record over the past decade which is one reason for the long rally. Revenues grew from $108 bn. in 2011 to expected revenues in 2021 of $365 bn. (+238%) while net income increased from $26 bn. to $95 bn. in 2021 (+265%).\n\n\n\n2011\n2012\n2013\n2014\n2015\n2016\n2017\n2018\n2019\n2020\n2021 (e)\n\n\nRevenue (bn. USD)\n108\n156\n171\n183\n231\n214\n229\n266\n260\n274\n365\n\n\nNet income (bn. USD)\n26\n42\n37\n40\n53\n46\n48\n60\n55\n57\n95\n\n\nEPS*(USD)\n1.56\n2.51\n2.22\n2.38\n3.21\n2.75\n2.91\n3.57\n3.33\n3.45\n5.7\n\n\n\n[*EPS numbers adjusted for stock splits in 2015 (7:1) and 2020 (4:1), calculation with 16.63 billion shares]\n2. Aggressive buybacks\nAlthough the company's fundamental growth was great, the stock's gain was even more phenomenal. A second reason were permanent and aggressive stock buybacks by Apple. In2011, Apple had 926 million shares outstanding, according to the quarterly report from June. Adjusted for the two stock splits, the number should have increased to 25.93 bn. shares. Surprisingly, Apple had just 16.63 bn. shares outstanding at the end of June 2021, which means that share count was reduced by nearly 36% in just one decade. The buybacks definitely contributed to the stock's stellar performance, but the higher the stock climbed over the years, the more Apple had to pay to buy back shares. The buybacks are reflected in the company's balance sheet which has worsened significantly.\n\n\n\n2011\n2012\n2013\n2014\n2015\n2016\n2017\n2018\n2019\n2020\n2021\n\n\nEquity (bn. USD)\n70\n118\n124\n111\n119\n128\n134\n107\n90\n65\n64\n\n\nLiabilities (bn. USD)\n37\n58\n83\n120\n171\n193\n241\n259\n248\n259\n265\n\n\nEquity ratio (%)\n65\n67\n60\n48\n41\n40\n36\n29\n27\n20\n19.5\n\n\n\nEquity and equity ratio are in an obvious downward trend while liabilities have increased. However, the deterioration of the balance sheet hasn't had an impact yet on Apple's power to generate and increase revenues and earnings. With $95 bn. net income this year, Apple shows a return on equity (ROE) of 148% (!), a number not many companies achieve. So while the balance sheet is nothing to worry about in regard to Apple's business, it will have an impact on the company's ability to buy back shares. Even if Apple spends all its net income on buybacks (which would be a new annual buyback record), this number would just represent 3.9% of Apple's total market cap of $2.41 trillion. As a result, the company must spend more cash in the future to buy back the same percentage of shares as it did during the last ten years.\n3. Valuation\nApple currently trades for $145 per share (as of 10/18/21) and has a total market cap of $2.41 trillion. EPS for 2021 is about $5.7, so the P/E ratio is 25.4. The P/B ratio climbed to a whopping 37.6 (which can be partly explained by buybacks). High P/B ratios are not unusual for tech companies (many patents, intangible assets and brand value do not count for equity), but the number for Apple is really extreme. Cash flow per share of around $6.5 per share results in a P/CF ratio of 22. The average EPS of the last decade was $3.2. Hence, the CAPE ratio for Apple is 45.3, a number which also indicates an ambitious valuation.\nAll these numbers indicate that future returns are likely to be lower than the returns of the past decade.\n4. Growth perspectives and product pipeline\nIn the past decade, Apple grew its net income by 13.8% annually and expects an increase of more than 66% this year. In the third quarter 2021, Apple increased its computer sales by 7.4% and increased its market share to 8.6% of worldwide sales. Smartphone sales decreased in the third quarter 2021 by 6% because of the chip shortage, but Apple increased its market share from 12% to 15% due to strong demand for the iPhone 13, which means that shipments grew by ca. 17% YoY. All in all, the market data shows that consumers strongly demand Apple products (MacBook, iPhone, iPad etc.) and also accept higher expenditures for high-quality products. However, the chip shortage will likely hurt Apple's sales in the quarters to come. Hence, it will be difficult for Apple to grow next year as revenues will take a hit. In the long term, Apple must differentiate from its competitors Samsung (OTC:SSNLF), Lenovo (OTCPK:LNVGY,OTCPK:LNVGF),HP Inc. (HPQ) andXiaomi(OTCPK:XIACF,OTCPK:XIACY) with special features and design, because some consumers (who are not pure Apple fans) will prefer price over features and design. I expect revenues to be flat next year or even lower than 2021 when the post-pandemic computer boom will flatten. The average growth rate for net income and revenue in the next decade is probably lower than in the past decade.\n5. Conclusion\nSince Apple's total market cap is already very high, it will be harder to boost share performance via buybacks. Consequently, the stock's total performance in the next decade (2022-2032) will be lower than the performance in the 2010s, especially because the stock has already outperformed Apple's fundamental performance.\nMy conservative estimate is a net income growth rate of 5-7% p.a. and a buyback yield of just 1.5-2.0%. The earnings yield for the stock is currently 4% (P/E ratio of 25). Hence, the total annual return for the next ten years will possibly be between 5.5-9.0% which is significantly lower than the 25.4% from 2011-2021.\nAll in all, even at a current stock price of $145 per share, shareholders can expect a positive return, but adjusted for inflation, Apple will disappoint in the future compared to the last ten years. Due to a combination of lower growth (high competition, chip shortage), a lower buyback yield and a higher inflation which will increase the company's costs, Apple's stock will no longer outperform the market despite a promising product pipeline and a loyal customer base. The share price is the most important factor for future returns, and $145 per share is currently not very attractive.","news_type":1},"isVote":1,"tweetType":1,"viewCount":858,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":179477849,"gmtCreate":1626574583381,"gmtModify":1631888361007,"author":{"id":"3577945319352371","authorId":"3577945319352371","name":"R2D2","avatar":"https://static.tigerbbs.com/0b82ed09a21fdbec2d56ea0aca3b5342","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3577945319352371","authorIdStr":"3577945319352371"},"themes":[],"htmlText":"Agree","listText":"Agree","text":"Agree","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/179477849","repostId":"1149577900","repostType":4,"isVote":1,"tweetType":1,"viewCount":326,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":145270711,"gmtCreate":1626227579433,"gmtModify":1633928837812,"author":{"id":"3577945319352371","authorId":"3577945319352371","name":"R2D2","avatar":"https://static.tigerbbs.com/0b82ed09a21fdbec2d56ea0aca3b5342","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3577945319352371","authorIdStr":"3577945319352371"},"themes":[],"htmlText":"Overpriced","listText":"Overpriced","text":"Overpriced","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/145270711","repostId":"1120920517","repostType":4,"repost":{"id":"1120920517","kind":"news","pubTimestamp":1626221377,"share":"https://www.laohu8.com/m/news/1120920517?lang=&edition=full","pubTime":"2021-07-14 08:09","market":"us","language":"en","title":"Why Tesla Stock Just Gave Back Half of Yesterday's Gains","url":"https://stock-news.laohu8.com/highlight/detail?id=1120920517","media":"Motley Fool","summary":"What happened\nAfterracing upwardby more than 4% in Monday trading,Tesla(NASDAQ:TSLA)give back half o","content":"<p><b>What happened</b></p>\n<p>Afterracing upwardby more than 4% in Monday trading,<b>Tesla</b>(NASDAQ:TSLA)give back half of its stock price gains Tuesday.</p>\n<p>As of 2:52 p.m. EDT, shares of theelectric carmanufacturer were down by 2.5% from Monday's close.</p>\n<p><b>So what</b></p>\n<p>So what was troubling Tesla on Tuesday? Well, for one thing, there's theongoing trialquestioning the propriety of its $2.6 billion acquisition of SolarCity in 2016. Plaintiffs in the case allege that CEO Elon Musk put his own financial interests ahead of those of Tesla's shareholders. That's obviously not a good look for the company.</p>\n<p>Meanwhile, Wall Street is still digesting the import of recent pricing moves, and of Tesla's weekend rollout of \"FSD v.9.0 Beta,\" the latest iteration of the software that's supposed to help make Tesla cars autonomous and usher in an age of robo-taxis.</p>\n<p>In a note it put out Tuesday morning, Goldman Sachs asserted that increased sales and higher prices on Teslas sold will help the company earn an above-consensus $5 a share in 2021. On the other hand, notesTheFly.com, Goldman does worry thatchip shortagesin theautomotive industrycould curtail Tesla's production numbers this quarter. If Tesla isn't able to sell as many higher-priced Model S and Model X cars as Wall Street expects, that could weigh on profits.</p>\n<p><b>Now what</b></p>\n<p>Rumors of a price hike on the FSD feature (which some speculate could rise from $10,000 currently to $14,000) could help boost Tesla's profits, of course. On the other hand, in a note released Monday, analysts at Citigroup warned that as far as autonomous driving goes, the new FSD software \"doesn't appear very different than\" the software that preceded it, and certainly falls short of the level of independence that would permit transforming Teslas into robo-taxis, as Musk has predicted.</p>\n<p>In short, even with share prices down 24% from their highs earlier this year, Citi sees Tesla stock as overpriced. Unlike Goldman Sachs, which thinks Tesla is a \"buy,\" Citi still argues it's a \"sell\" -- and worthno more than $175 a share.</p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Why Tesla Stock Just Gave Back Half of Yesterday's Gains</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nWhy Tesla Stock Just Gave Back Half of Yesterday's Gains\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-07-14 08:09 GMT+8 <a href=https://www.fool.com/investing/2021/07/13/why-tesla-stock-just-gave-back-half-its-gains/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>What happened\nAfterracing upwardby more than 4% in Monday trading,Tesla(NASDAQ:TSLA)give back half of its stock price gains Tuesday.\nAs of 2:52 p.m. EDT, shares of theelectric carmanufacturer were ...</p>\n\n<a href=\"https://www.fool.com/investing/2021/07/13/why-tesla-stock-just-gave-back-half-its-gains/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"TSLA":"特斯拉"},"source_url":"https://www.fool.com/investing/2021/07/13/why-tesla-stock-just-gave-back-half-its-gains/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1120920517","content_text":"What happened\nAfterracing upwardby more than 4% in Monday trading,Tesla(NASDAQ:TSLA)give back half of its stock price gains Tuesday.\nAs of 2:52 p.m. EDT, shares of theelectric carmanufacturer were down by 2.5% from Monday's close.\nSo what\nSo what was troubling Tesla on Tuesday? Well, for one thing, there's theongoing trialquestioning the propriety of its $2.6 billion acquisition of SolarCity in 2016. Plaintiffs in the case allege that CEO Elon Musk put his own financial interests ahead of those of Tesla's shareholders. That's obviously not a good look for the company.\nMeanwhile, Wall Street is still digesting the import of recent pricing moves, and of Tesla's weekend rollout of \"FSD v.9.0 Beta,\" the latest iteration of the software that's supposed to help make Tesla cars autonomous and usher in an age of robo-taxis.\nIn a note it put out Tuesday morning, Goldman Sachs asserted that increased sales and higher prices on Teslas sold will help the company earn an above-consensus $5 a share in 2021. On the other hand, notesTheFly.com, Goldman does worry thatchip shortagesin theautomotive industrycould curtail Tesla's production numbers this quarter. If Tesla isn't able to sell as many higher-priced Model S and Model X cars as Wall Street expects, that could weigh on profits.\nNow what\nRumors of a price hike on the FSD feature (which some speculate could rise from $10,000 currently to $14,000) could help boost Tesla's profits, of course. On the other hand, in a note released Monday, analysts at Citigroup warned that as far as autonomous driving goes, the new FSD software \"doesn't appear very different than\" the software that preceded it, and certainly falls short of the level of independence that would permit transforming Teslas into robo-taxis, as Musk has predicted.\nIn short, even with share prices down 24% from their highs earlier this year, Citi sees Tesla stock as overpriced. Unlike Goldman Sachs, which thinks Tesla is a \"buy,\" Citi still argues it's a \"sell\" -- and worthno more than $175 a share.","news_type":1},"isVote":1,"tweetType":1,"viewCount":367,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":124517788,"gmtCreate":1624772358144,"gmtModify":1633948761449,"author":{"id":"3577945319352371","authorId":"3577945319352371","name":"R2D2","avatar":"https://static.tigerbbs.com/0b82ed09a21fdbec2d56ea0aca3b5342","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3577945319352371","authorIdStr":"3577945319352371"},"themes":[],"htmlText":"👍","listText":"👍","text":"👍","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/124517788","repostId":"1104974895","repostType":4,"repost":{"id":"1104974895","kind":"news","pubTimestamp":1624764940,"share":"https://www.laohu8.com/m/news/1104974895?lang=&edition=full","pubTime":"2021-06-27 11:35","market":"us","language":"en","title":"Microsoft Rides Its Cloud Business to a $2 Trillion Market Cap. It’s Not Done Yet.","url":"https://stock-news.laohu8.com/highlight/detail?id=1104974895","media":"Barrons","summary":"Microsoft is now the second company to boast a $2 trillion market capitalization, following Apple,wh","content":"<p>Microsoft is now the second company to boast a $2 trillion market capitalization, following Apple,which breached that level last August. And Microsoft may go higher yet.</p>\n<p>Wedbush analyst Daniel Ives this past week reiterated his Outperform rating on the software giant, lifting his price target on the shares to $325 from $310. That represents a potential gain of more than 20%, which would take the company’s market value to $2.4 trillion. His enthusiasm for the stock is driven by Microsoft’s cloud business, Azure.</p>\n<p>On Wednesday, Microsoft shares inched up 0.1% to $265.79, a new high, boosting its market cap to $2.004 trillion. (Apple is at roughly $2.2 trillion.) Ives notes that June channel checks find improving demand for Azure. “The Azure cloud growth story is hitting its next gear of growth,” he writes. “We are seeing deal sizes continue to increase markedly as enterprisewide digital transformation shifts are accelerating with CIOs all focused on readying their respective enterprises for a cloud-driven architecture.”</p>\n<p>Wall Street concerns that cloud growth will moderate coming out of the pandemic run counter to the deal activity Microsoft is seeing, Ives writes, noting that June-quarter results appear to be “robust.” He thinks Microsoft is still only about 35% into the conversion of its installed application base into the cloud.</p>\n<p>Ives sees continuing global “digital transformation” as a $1 trillion opportunity, and says Microsoft will disproportionately benefit. “Microsoft remains our favorite large-cap cloud play and we believe the stock will start to move higher over the coming quarters...,” he writes. “The growth story at Microsoft is not slowing down.”</p>\n<p><img src=\"https://static.tigerbbs.com/19e4bb0961389beaa2711931e02dc060\" tg-width=\"970\" tg-height=\"672\"><img src=\"https://static.tigerbbs.com/1a62e0638b1f4f9c28301e4d93721571\" tg-width=\"981\" tg-height=\"684\"></p>","source":"lsy1601382232898","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>Microsoft Rides Its Cloud Business to a $2 Trillion Market Cap. It’s Not Done Yet.</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\">\nMicrosoft Rides Its Cloud Business to a $2 Trillion Market Cap. It’s Not Done Yet.\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-27 11:35 GMT+8 <a href=https://www.barrons.com/articles/microsoft-market-cap-51624670572?mod=RTA><strong>Barrons</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Microsoft is now the second company to boast a $2 trillion market capitalization, following Apple,which breached that level last August. And Microsoft may go higher yet.\nWedbush analyst Daniel Ives ...</p>\n\n<a href=\"https://www.barrons.com/articles/microsoft-market-cap-51624670572?mod=RTA\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"MSFT":"微软"},"source_url":"https://www.barrons.com/articles/microsoft-market-cap-51624670572?mod=RTA","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1104974895","content_text":"Microsoft is now the second company to boast a $2 trillion market capitalization, following Apple,which breached that level last August. And Microsoft may go higher yet.\nWedbush analyst Daniel Ives this past week reiterated his Outperform rating on the software giant, lifting his price target on the shares to $325 from $310. That represents a potential gain of more than 20%, which would take the company’s market value to $2.4 trillion. His enthusiasm for the stock is driven by Microsoft’s cloud business, Azure.\nOn Wednesday, Microsoft shares inched up 0.1% to $265.79, a new high, boosting its market cap to $2.004 trillion. (Apple is at roughly $2.2 trillion.) Ives notes that June channel checks find improving demand for Azure. “The Azure cloud growth story is hitting its next gear of growth,” he writes. “We are seeing deal sizes continue to increase markedly as enterprisewide digital transformation shifts are accelerating with CIOs all focused on readying their respective enterprises for a cloud-driven architecture.”\nWall Street concerns that cloud growth will moderate coming out of the pandemic run counter to the deal activity Microsoft is seeing, Ives writes, noting that June-quarter results appear to be “robust.” He thinks Microsoft is still only about 35% into the conversion of its installed application base into the cloud.\nIves sees continuing global “digital transformation” as a $1 trillion opportunity, and says Microsoft will disproportionately benefit. “Microsoft remains our favorite large-cap cloud play and we believe the stock will start to move higher over the coming quarters...,” he writes. “The growth story at Microsoft is not slowing down.”","news_type":1},"isVote":1,"tweetType":1,"viewCount":425,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":693548914,"gmtCreate":1640053492750,"gmtModify":1640053858560,"author":{"id":"3577945319352371","authorId":"3577945319352371","name":"R2D2","avatar":"https://static.tigerbbs.com/0b82ed09a21fdbec2d56ea0aca3b5342","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3577945319352371","authorIdStr":"3577945319352371"},"themes":[],"htmlText":"Always go for value","listText":"Always go for value","text":"Always go for value","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/693548914","repostId":"2192181330","repostType":4,"repost":{"id":"2192181330","kind":"highlight","pubTimestamp":1640006400,"share":"https://www.laohu8.com/m/news/2192181330?lang=&edition=full","pubTime":"2021-12-20 21:20","market":"us","language":"en","title":"Will the Stock Market Crash in 2022?","url":"https://stock-news.laohu8.com/highlight/detail?id=2192181330","media":"Motley Fool","summary":"The stock market has been rocky lately, but does it mean a crash is on the horizon?","content":"<p>After a record-breaking year, the stock market has had a bumpy few weeks. The <b>S&P 500</b> fell nearly 5% in September, then after a rebound in October, it dropped around 4% during the last three weeks of November.</p>\n<p>Between soaring inflation and the COVID-19 omicron variant, there are a few explanations for why the market has been shaky lately. But will this volatility lead to a full-blown crash in 2022? Here's what you need to know.</p>\n<h2>Just how likely is a market crash?</h2>\n<p>There are several factors that could point to greater volatility next year. Inflation, for example, is at a record high. According to the most recent data from the U.S. Bureau of Labor Statistics, the Consumer Price Index is up 6.8% year over year, its highest since 1982.</p>\n<p>In response, the Federal Reserve is aggressively dialing back its bond buying program, which was intended to bolster the economy during the early stages of the pandemic. The Fed is also expected to raise interest rates three times next year to further combat rising inflation.</p>\n<p>In addition, the omicron variant is continuing to spread across the U.S., causing concern that we could be entering another wave of the pandemic.</p>\n<p>While all of these factors could potentially result in a market downturn, it's impossible to say for certain what will happen next year. If the stock market is famous for anything, it's its unpredictability. Case in point: For more than a year and a half, the market has been shattering records -- despite a global pandemic, record inflation, a labor shortage, supply chain issues, and other economic concerns.</p>\n<h2>How to prepare for a potential crash</h2>\n<p>While it may seem counterintuitive, the best way to prepare for a market crash is to keep investing normally regardless of what happens.</p>\n<p>Trying to time the market and sell your investments before a crash is a dangerous move, and it could result in huge losses. If you sell everything and the market doesn't crash, you'll miss out on those earnings. Then if you eventually reinvest, stock prices may have increased since you sold. Conversely, if you sell too late after the market is already on a downhill slide, you may be selling your stocks for less than you paid for them.</p>\n<p>Your best bet, then, is to continue investing despite any potential stock market volatility. You won't lose any money until you sell, even if prices plummet. The market also has a 100% success rate when it comes to recovering from crashes, so as long as you're patient and avoid selling your stocks, you can simply ride out the storm.</p>\n<p>The key to surviving market turbulence is to make sure you're investing in quality stocks. The best investments are the ones with solid fundamentals. This means the companies have strong financials, a competent leadership team, and a history of performing well over time.</p>\n<p>While even the strongest stocks may take a hit in the short term, they're more likely to bounce back after a crash. Regardless of whether the market crashes in 2022 or not, a solid portfolio will ensure you're as prepared as possible.</p>","source":"fool_stock","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Will the Stock Market Crash in 2022?</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\">\nWill the Stock Market Crash in 2022?\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-12-20 21:20 GMT+8 <a href=https://www.fool.com/investing/2021/12/20/will-the-stock-market-crash-in-2022/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>After a record-breaking year, the stock market has had a bumpy few weeks. The S&P 500 fell nearly 5% in September, then after a rebound in October, it dropped around 4% during the last three weeks of ...</p>\n\n<a href=\"https://www.fool.com/investing/2021/12/20/will-the-stock-market-crash-in-2022/\">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",".DJI":"道琼斯"},"source_url":"https://www.fool.com/investing/2021/12/20/will-the-stock-market-crash-in-2022/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2192181330","content_text":"After a record-breaking year, the stock market has had a bumpy few weeks. The S&P 500 fell nearly 5% in September, then after a rebound in October, it dropped around 4% during the last three weeks of November.\nBetween soaring inflation and the COVID-19 omicron variant, there are a few explanations for why the market has been shaky lately. But will this volatility lead to a full-blown crash in 2022? Here's what you need to know.\nJust how likely is a market crash?\nThere are several factors that could point to greater volatility next year. Inflation, for example, is at a record high. According to the most recent data from the U.S. Bureau of Labor Statistics, the Consumer Price Index is up 6.8% year over year, its highest since 1982.\nIn response, the Federal Reserve is aggressively dialing back its bond buying program, which was intended to bolster the economy during the early stages of the pandemic. The Fed is also expected to raise interest rates three times next year to further combat rising inflation.\nIn addition, the omicron variant is continuing to spread across the U.S., causing concern that we could be entering another wave of the pandemic.\nWhile all of these factors could potentially result in a market downturn, it's impossible to say for certain what will happen next year. If the stock market is famous for anything, it's its unpredictability. Case in point: For more than a year and a half, the market has been shattering records -- despite a global pandemic, record inflation, a labor shortage, supply chain issues, and other economic concerns.\nHow to prepare for a potential crash\nWhile it may seem counterintuitive, the best way to prepare for a market crash is to keep investing normally regardless of what happens.\nTrying to time the market and sell your investments before a crash is a dangerous move, and it could result in huge losses. If you sell everything and the market doesn't crash, you'll miss out on those earnings. Then if you eventually reinvest, stock prices may have increased since you sold. Conversely, if you sell too late after the market is already on a downhill slide, you may be selling your stocks for less than you paid for them.\nYour best bet, then, is to continue investing despite any potential stock market volatility. You won't lose any money until you sell, even if prices plummet. The market also has a 100% success rate when it comes to recovering from crashes, so as long as you're patient and avoid selling your stocks, you can simply ride out the storm.\nThe key to surviving market turbulence is to make sure you're investing in quality stocks. The best investments are the ones with solid fundamentals. This means the companies have strong financials, a competent leadership team, and a history of performing well over time.\nWhile even the strongest stocks may take a hit in the short term, they're more likely to bounce back after a crash. Regardless of whether the market crashes in 2022 or not, a solid portfolio will ensure you're as prepared as possible.","news_type":1},"isVote":1,"tweetType":1,"viewCount":964,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":859673509,"gmtCreate":1634695422901,"gmtModify":1634695460205,"author":{"id":"3577945319352371","authorId":"3577945319352371","name":"R2D2","avatar":"https://static.tigerbbs.com/0b82ed09a21fdbec2d56ea0aca3b5342","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3577945319352371","authorIdStr":"3577945319352371"},"themes":[],"htmlText":"SG portfolio can also include other stocks","listText":"SG portfolio can also include other stocks","text":"SG portfolio can also include other stocks","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/859673509","repostId":"850959840","repostType":1,"repost":{"id":850959840,"gmtCreate":1634547374677,"gmtModify":1634692327646,"author":{"id":"3479274814931736","authorId":"3479274814931736","name":"keke006","avatar":"https://static.laohu8.com/picture182","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3479274814931736","authorIdStr":"3479274814931736"},"themes":[],"htmlText":"If this empire fall, I willing go together... just hold your breath, foresee 20% return shouldn’t be problem, anytime better than current FD rate, isn’t it?<a href=\"https://laohu8.com/S/G13.SI\">$GENTING SINGAPORE LIMITED(G13.SI)$</a>","listText":"If this empire fall, I willing go together... just hold your breath, foresee 20% return shouldn’t be problem, anytime better than current FD rate, isn’t it?<a href=\"https://laohu8.com/S/G13.SI\">$GENTING SINGAPORE LIMITED(G13.SI)$</a>","text":"If this empire fall, I willing go together... just hold your breath, foresee 20% return shouldn’t be problem, anytime better than current FD rate, isn’t it?$GENTING SINGAPORE LIMITED(G13.SI)$","images":[],"top":1,"highlighted":2,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/850959840","isVote":1,"tweetType":1,"viewCount":0,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},"isVote":1,"tweetType":1,"viewCount":727,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":865891602,"gmtCreate":1632965463016,"gmtModify":1632965525499,"author":{"id":"3577945319352371","authorId":"3577945319352371","name":"R2D2","avatar":"https://static.tigerbbs.com/0b82ed09a21fdbec2d56ea0aca3b5342","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3577945319352371","authorIdStr":"3577945319352371"},"themes":[],"htmlText":"Had this stock.","listText":"Had this stock.","text":"Had this stock.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/865891602","repostId":"2171626987","repostType":4,"repost":{"id":"2171626987","kind":"highlight","pubTimestamp":1632964620,"share":"https://www.laohu8.com/m/news/2171626987?lang=&edition=full","pubTime":"2021-09-30 09:17","market":"us","language":"en","title":"If I Could Buy Only 1 Stock, This Would Be It","url":"https://stock-news.laohu8.com/highlight/detail?id=2171626987","media":"Motley Fool","summary":"Taking away the option to diversify changes what matters most, but it's still possible to find great all-purpose and all-weather picks.","content":"<blockquote>\n <b>Taking away the option to diversify changes what matters most, but it's still possible to find great all-purpose and all-weather picks.</b>\n</blockquote>\n<p><b>Key Points</b></p>\n<ul>\n <li>Technology companies are increasingly benefiting from subscription-based revenue, which is more reliable and predictable.</li>\n <li>Microsoft's revenue streams are far more diversified than most investors may realize.</li>\n <li>The analyst community believes Microsoft's offering and portfolio will translate into revenue growth going forward as well as it has in the recent past.</li>\n</ul>\n<p>It's easy to suggest individual stocks to a crowd of investors knowing those names will only make up part of their diversified portfolios. However, things change when an investor (including myself) is limited to just <a href=\"https://laohu8.com/S/AONE.U\">one</a> pick. That single stock has to check off a lot of boxes, the most important of which are balancing reliability, longevity, and above-average growth. That's a pretty tall order these days.</p>\n<p>There are a few companies out there of this ilk though, and my favorite all-weather name among them is<b> Microsoft</b> (NASDAQ:MSFT).</p>\n<p>Surprised? I get it. The company is seemingly dependent on just one highly competitive and often-cyclical technology business -- software, and its Windows operating systems in particular. The stock's also uncomfortably expensive right now, valued at more than 33 times this year's projected profits and more than 29 times next year's earnings estimates.. With a closer look though, you'll find that Microsoft is so much more than just Windows, and that this stock easily justifies its premium price.</p>\n<h3>Several ways to make money, and they all work</h3>\n<p>Its roots may have been in software sales. But, don't think for a minute this company hasn't evolved into an organization relevant to all of today's most important markets.</p>\n<p>The graphic below tells the tale, depicting recently ended fiscal 2021's results. No single business unit accounts for more than about one-third of Microsoft's revenue or profits. Indeed, the company's top and bottom lines are amazingly well distributed across all three of its key operating segments.</p>\n<p><img src=\"https://static.tigerbbs.com/6dc5da28f57d0e1ea35fcc3088e841f4\" tg-width=\"700\" tg-height=\"423\" referrerpolicy=\"no-referrer\"></p>\n<p>Data source: Microsoft. Chart by author.</p>\n<p>And this image still doesn't quite do the bullish thesis its full justice.</p>\n<p>Within the Productivity and Business Processes arm you'll find commercial and consumer office productivity software revenue -- think \"Office\" software suites -- as well as LinkedIn. The Intelligent Cloud unit not only offers products needed to power servers, but it also includes Azure software that allows cloud computing managers to interface with their hardware. More Personal Computing covers everything from the aforementioned Windows operating system to video gaming to laptops like the Surface. All told, Microsoft manages 14 distinctly different businesses. That gives the company plenty of opportunities to sell something to somebody at any given time, smoothing out any temporary headwinds faced by any one of its units.</p>\n<p>And don't look past the fact that Microsoft already enjoys a commanding control of the computer operating system market; GlobalStats' statcounter indicates that Windows is installed on 76% of the world's desktops and laptops. Already the centerpiece of most corporate and consumer computing environments, Microsoft is not only positioned as a gatekeeper, but a go-to app and software vendor. This positioning helps the company maintain its leading market share, as does the world's familiarity with Windows itself.</p>\n<p><img src=\"https://static.tigerbbs.com/9301e6d5d0a8701d14e0f3fac4791232\" tg-width=\"700\" tg-height=\"466\" referrerpolicy=\"no-referrer\"></p>\n<p>Image source: Getty Images.</p>\n<p>Bolstering the bullish agreement here is the less appreciated factoid that much of this revenue is the result of subscriptions to services like Xbox Game Pass, Office 365, and Azure.</p>\n<p>While the company itself isn't terribly forthcoming with the specifics, Microsoft confirmed during its most recent earnings call that its commercial (non-consumer) businesses are sitting on $141 billion worth of \"remaining performance obligations,\" up 32% year over year. That just means these clients have already agreed to purchase services, but the company can't yet book that revenue since the service itself has yet to be delivered. For perspective, Microsoft did $168.1 billion worth of business during fiscal 2021.</p>\n<h3>Look for more growth from Microsoft</h3>\n<p>The end result of all these dynamics is a company that's been growing reliably in a variety of ways for a variety of reasons. This <i>isn't</i> the proverbial one-trick pony it was 25 years ago, when Windows was at the core of everything the company did and one-time sales of software were the norm.</p>\n<p>As evidence of how brilliant this evolution has been, one only has to look at the company's past and projected fiscals. The analyst community is calling for revenue growth of 14% this year and nearly 13% next year, matched by comparable per-share earnings growth for the two-year stretch... and why not? We've lived without the cloud, mobile computing, and high-performance video games before; but, now that the world has gotten used to having all of these tech-based offerings around, people aren't apt to regress now.</p>\n<p><img src=\"https://static.tigerbbs.com/955d70dda02a3bba74fa5668c2b6e732\" tg-width=\"700\" tg-height=\"447\" referrerpolicy=\"no-referrer\"></p>\n<p>Data source: Thomson Reuters. Chart by author.</p>\n<p>Bottom line? The dots aren't too terribly tough to connect. While Microsoft faces competition on all fronts, somehow it still seems to be operating with a wide moat that keeps those competitors in check.</p>","source":"fool_stock","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>If I Could Buy Only 1 Stock, This Would Be It</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\">\nIf I Could Buy Only 1 Stock, This Would Be It\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-09-30 09:17 GMT+8 <a href=https://www.fool.com/investing/2021/09/29/if-i-could-buy-only-1-stock-this-would-be-it/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Taking away the option to diversify changes what matters most, but it's still possible to find great all-purpose and all-weather picks.\n\nKey Points\n\nTechnology companies are increasingly benefiting ...</p>\n\n<a href=\"https://www.fool.com/investing/2021/09/29/if-i-could-buy-only-1-stock-this-would-be-it/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"MSFT":"微软"},"source_url":"https://www.fool.com/investing/2021/09/29/if-i-could-buy-only-1-stock-this-would-be-it/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2171626987","content_text":"Taking away the option to diversify changes what matters most, but it's still possible to find great all-purpose and all-weather picks.\n\nKey Points\n\nTechnology companies are increasingly benefiting from subscription-based revenue, which is more reliable and predictable.\nMicrosoft's revenue streams are far more diversified than most investors may realize.\nThe analyst community believes Microsoft's offering and portfolio will translate into revenue growth going forward as well as it has in the recent past.\n\nIt's easy to suggest individual stocks to a crowd of investors knowing those names will only make up part of their diversified portfolios. However, things change when an investor (including myself) is limited to just one pick. That single stock has to check off a lot of boxes, the most important of which are balancing reliability, longevity, and above-average growth. That's a pretty tall order these days.\nThere are a few companies out there of this ilk though, and my favorite all-weather name among them is Microsoft (NASDAQ:MSFT).\nSurprised? I get it. The company is seemingly dependent on just one highly competitive and often-cyclical technology business -- software, and its Windows operating systems in particular. The stock's also uncomfortably expensive right now, valued at more than 33 times this year's projected profits and more than 29 times next year's earnings estimates.. With a closer look though, you'll find that Microsoft is so much more than just Windows, and that this stock easily justifies its premium price.\nSeveral ways to make money, and they all work\nIts roots may have been in software sales. But, don't think for a minute this company hasn't evolved into an organization relevant to all of today's most important markets.\nThe graphic below tells the tale, depicting recently ended fiscal 2021's results. No single business unit accounts for more than about one-third of Microsoft's revenue or profits. Indeed, the company's top and bottom lines are amazingly well distributed across all three of its key operating segments.\n\nData source: Microsoft. Chart by author.\nAnd this image still doesn't quite do the bullish thesis its full justice.\nWithin the Productivity and Business Processes arm you'll find commercial and consumer office productivity software revenue -- think \"Office\" software suites -- as well as LinkedIn. The Intelligent Cloud unit not only offers products needed to power servers, but it also includes Azure software that allows cloud computing managers to interface with their hardware. More Personal Computing covers everything from the aforementioned Windows operating system to video gaming to laptops like the Surface. All told, Microsoft manages 14 distinctly different businesses. That gives the company plenty of opportunities to sell something to somebody at any given time, smoothing out any temporary headwinds faced by any one of its units.\nAnd don't look past the fact that Microsoft already enjoys a commanding control of the computer operating system market; GlobalStats' statcounter indicates that Windows is installed on 76% of the world's desktops and laptops. Already the centerpiece of most corporate and consumer computing environments, Microsoft is not only positioned as a gatekeeper, but a go-to app and software vendor. This positioning helps the company maintain its leading market share, as does the world's familiarity with Windows itself.\n\nImage source: Getty Images.\nBolstering the bullish agreement here is the less appreciated factoid that much of this revenue is the result of subscriptions to services like Xbox Game Pass, Office 365, and Azure.\nWhile the company itself isn't terribly forthcoming with the specifics, Microsoft confirmed during its most recent earnings call that its commercial (non-consumer) businesses are sitting on $141 billion worth of \"remaining performance obligations,\" up 32% year over year. That just means these clients have already agreed to purchase services, but the company can't yet book that revenue since the service itself has yet to be delivered. For perspective, Microsoft did $168.1 billion worth of business during fiscal 2021.\nLook for more growth from Microsoft\nThe end result of all these dynamics is a company that's been growing reliably in a variety of ways for a variety of reasons. This isn't the proverbial one-trick pony it was 25 years ago, when Windows was at the core of everything the company did and one-time sales of software were the norm.\nAs evidence of how brilliant this evolution has been, one only has to look at the company's past and projected fiscals. The analyst community is calling for revenue growth of 14% this year and nearly 13% next year, matched by comparable per-share earnings growth for the two-year stretch... and why not? We've lived without the cloud, mobile computing, and high-performance video games before; but, now that the world has gotten used to having all of these tech-based offerings around, people aren't apt to regress now.\n\nData source: Thomson Reuters. Chart by author.\nBottom line? The dots aren't too terribly tough to connect. While Microsoft faces competition on all fronts, somehow it still seems to be operating with a wide moat that keeps those competitors in check.","news_type":1},"isVote":1,"tweetType":1,"viewCount":789,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":145244447,"gmtCreate":1626227474789,"gmtModify":1633928839310,"author":{"id":"3577945319352371","authorId":"3577945319352371","name":"R2D2","avatar":"https://static.tigerbbs.com/0b82ed09a21fdbec2d56ea0aca3b5342","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3577945319352371","authorIdStr":"3577945319352371"},"themes":[],"htmlText":"They would stay our of the game","listText":"They would stay our of the game","text":"They would stay our of the game","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/145244447","repostId":"1171237961","repostType":4,"repost":{"id":"1171237961","kind":"news","pubTimestamp":1626221936,"share":"https://www.laohu8.com/m/news/1171237961?lang=&edition=full","pubTime":"2021-07-14 08:18","market":"us","language":"en","title":"Can the Fed avoid negative interest rates in the next downturn?","url":"https://stock-news.laohu8.com/highlight/detail?id=1171237961","media":"yahoo","summary":"The Federal Reserve managed to avoid turning to negative interest rates through the pandemic-induced","content":"<p>The Federal Reserve managed to avoid turning to negative interest rates through the pandemic-induced recession of 2020. But if the economy faces another downturn, will the central bank be backed into short-term borrowing rates below zero?</p>\n<p>In aUBS surveyof almost 30 central banks around the world, 21% of respondents said they could see the Fed turning to negative interest rates if needed.</p>\n<p>The concern: With U.S. short-term rates yet again backed up at near-zero, a Fed that may beslower to raise interest rateswill not have the room to again cut rates in the next crisis.</p>\n<p>But Fed officials, who managed to avoid the tool through an economic shutdown of unprecedented scale, have made it clear that negative interest rates are low on their lists of preferred policy tools.</p>\n<p>“Negative rates I think have a worse cost-benefit relationship than the other tools that we have,” New York Fed President John Williams told reporters on Monday morning.</p>\n<p>AnOctober 2019 discussionof negative rates noted that all of the Fed’s policy-setting members disliked the idea of implementing the policy in the U.S.</p>\n<p>“The committee’s view on negative rates really has not changed. This is not something we’re looking at,” Powell said in May 2020.</p>\n<p>Still, the central bank hasn’t explicitly ruled out its possible use in the future.</p>\n<p><b>‘Rather stay out of that game’</b></p>\n<p>Negative interest rate policies, such as those deployed by the European Central Bank and the Bank of Japan, attempt to stimulate the economy by penalizing banks for parking money at the central bank. The idea is to push banks to lend into the economy by further discouraging saving.</p>\n<p>But Fed officials have worried about the distortions that could come with negative short-term rates in the U.S., where the importance of U.S. government debt markets and the U.S. dollar could have wide-reaching and international financial stability consequences.</p>\n<p>“You’ve got Japan and Europe mired in negative interest rates,” St. Louis Fed President James Bullardtold Yahoo Finance on May 24. “We’d rather stay out of that game.”</p>\n<p>UBS noted that the $4.5 trillion money market, which is heavily reliant on short-term rates, is too large — and too interconnected to public and private sectors — to be toyed around with.</p>\n<p>“Implementing a negative interest rate policy in the U.S. would be too much of a disruptor (not the same issue overseas),” UBS Chief Investment Officer Solita Marcelli wrote.</p>\n<p>The playbook in the next crisis might therefore look similar to the one used last year: near-zero rates, aggressive asset purchases, and an armada of liquidity facilities to backstop various financial markets.</p>\n<p>Williams specifically said the Fed's purchases of U.S. Treasuries and agency mortgage-backed securities have been \"critically important.\" The Fed has only recently begun conversations about slowing the pace of those purchases, as the central bank's balance sheet soars past the $8 trillion mark.</p>\n<p><img src=\"https://static.tigerbbs.com/7accbdd2071471c525d7cd6ecce430ae\" tg-width=\"705\" tg-height=\"272\"></p>\n<p>“These tools, they’re not really as unconventional as they used to be,” Williams said Monday.</p>\n<p>The UBS survey notes that the Fed could still get creative if it needed to. About 45% of respondents said they could see the Fed buying stocks and about 65% said they could see the Fed targeting medium- to longer-dated bond yields (through a tool calledyield curve control) in the next crisis.</p>","source":"lsy1584348713084","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>Can the Fed avoid negative interest rates in the next downturn?</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\">\nCan the Fed avoid negative interest rates in the next downturn?\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-07-14 08:18 GMT+8 <a href=https://finance.yahoo.com/news/can-the-fed-avoid-negative-interest-rates-in-the-next-downturn-133021653.html><strong>yahoo</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>The Federal Reserve managed to avoid turning to negative interest rates through the pandemic-induced recession of 2020. But if the economy faces another downturn, will the central bank be backed into ...</p>\n\n<a href=\"https://finance.yahoo.com/news/can-the-fed-avoid-negative-interest-rates-in-the-next-downturn-133021653.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".DJI":"道琼斯",".SPX":"S&P 500 Index",".IXIC":"NASDAQ Composite","SPY":"标普500ETF"},"source_url":"https://finance.yahoo.com/news/can-the-fed-avoid-negative-interest-rates-in-the-next-downturn-133021653.html","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1171237961","content_text":"The Federal Reserve managed to avoid turning to negative interest rates through the pandemic-induced recession of 2020. But if the economy faces another downturn, will the central bank be backed into short-term borrowing rates below zero?\nIn aUBS surveyof almost 30 central banks around the world, 21% of respondents said they could see the Fed turning to negative interest rates if needed.\nThe concern: With U.S. short-term rates yet again backed up at near-zero, a Fed that may beslower to raise interest rateswill not have the room to again cut rates in the next crisis.\nBut Fed officials, who managed to avoid the tool through an economic shutdown of unprecedented scale, have made it clear that negative interest rates are low on their lists of preferred policy tools.\n“Negative rates I think have a worse cost-benefit relationship than the other tools that we have,” New York Fed President John Williams told reporters on Monday morning.\nAnOctober 2019 discussionof negative rates noted that all of the Fed’s policy-setting members disliked the idea of implementing the policy in the U.S.\n“The committee’s view on negative rates really has not changed. This is not something we’re looking at,” Powell said in May 2020.\nStill, the central bank hasn’t explicitly ruled out its possible use in the future.\n‘Rather stay out of that game’\nNegative interest rate policies, such as those deployed by the European Central Bank and the Bank of Japan, attempt to stimulate the economy by penalizing banks for parking money at the central bank. The idea is to push banks to lend into the economy by further discouraging saving.\nBut Fed officials have worried about the distortions that could come with negative short-term rates in the U.S., where the importance of U.S. government debt markets and the U.S. dollar could have wide-reaching and international financial stability consequences.\n“You’ve got Japan and Europe mired in negative interest rates,” St. Louis Fed President James Bullardtold Yahoo Finance on May 24. “We’d rather stay out of that game.”\nUBS noted that the $4.5 trillion money market, which is heavily reliant on short-term rates, is too large — and too interconnected to public and private sectors — to be toyed around with.\n“Implementing a negative interest rate policy in the U.S. would be too much of a disruptor (not the same issue overseas),” UBS Chief Investment Officer Solita Marcelli wrote.\nThe playbook in the next crisis might therefore look similar to the one used last year: near-zero rates, aggressive asset purchases, and an armada of liquidity facilities to backstop various financial markets.\nWilliams specifically said the Fed's purchases of U.S. Treasuries and agency mortgage-backed securities have been \"critically important.\" The Fed has only recently begun conversations about slowing the pace of those purchases, as the central bank's balance sheet soars past the $8 trillion mark.\n\n“These tools, they’re not really as unconventional as they used to be,” Williams said Monday.\nThe UBS survey notes that the Fed could still get creative if it needed to. About 45% of respondents said they could see the Fed buying stocks and about 65% said they could see the Fed targeting medium- to longer-dated bond yields (through a tool calledyield curve control) in the next crisis.","news_type":1},"isVote":1,"tweetType":1,"viewCount":213,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"lives":[]}