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2021-11-17
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Mark Cuban-backed FiscalNote to go public via $1.3 billion SPAC deal
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Better Buy: Disney vs. Starbucks
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2021-11-05
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Federal Reserve decision, October jobs report: What to know this week
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FiscalNote Holdings Inc, a Mark Cuban-backed legal data and analytics company, said on M","content":"<p>(Reuters) - FiscalNote Holdings Inc, a Mark Cuban-backed legal data and analytics company, said on Monday it would merge with a blank-check firm to go public in a deal valuing it at about $1.3 billion.</p>\n<p>Founded in 2013, the company offers a platform that gives its customers such as Nestle, Netflix and Tesla access and analysis on every U.S. government bill.</p>\n<p>The company uses artificial intelligence to make government data more accessible and also tracks regulatory developments in the European Union.</p>\n<p>FiscalNote’s deal with Duddell Street Acquisition Corp will provide it with proceeds of $275 million, consisting of a $100 million private placement in public equity and about $175 million from the special purpose acquisition company’s (SPAC) IPO.</p>\n<p>FiscalNote, which is also backed by billionaire venture capitalist and Yahoo Inc co-founder Jerry Yang, intends to use the proceeds to expand its product offering and fund acquisitions.</p>\n<p>A SPAC is a publicly listed shell company that raises funds with the intention of merging with a private company within two years of floating its shares. The private firm goes public through the merger.</p>\n<p>After the deal closes in the first quarter of 2022, FiscalNote will list on the Nasdaq under the ticker symbol “NOTE”.</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>Mark Cuban-backed FiscalNote to go public via $1.3 billion SPAC deal</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\">\nMark Cuban-backed FiscalNote to go public via $1.3 billion SPAC deal\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-11-08 20:12 GMT+8 <a href=https://www.reuters.com/article/fiscalnote-ma-duddell-street-acquisition/-mark-cuban-backed-fiscalnote-to-go-public-via-1-3-bln-spac-deal-idUSL4N2RZ2I5><strong>Reuters</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>(Reuters) - FiscalNote Holdings Inc, a Mark Cuban-backed legal data and analytics company, said on Monday it would merge with a blank-check firm to go public in a deal valuing it at about $1.3 billion...</p>\n\n<a href=\"https://www.reuters.com/article/fiscalnote-ma-duddell-street-acquisition/-mark-cuban-backed-fiscalnote-to-go-public-via-1-3-bln-spac-deal-idUSL4N2RZ2I5\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"https://www.reuters.com/article/fiscalnote-ma-duddell-street-acquisition/-mark-cuban-backed-fiscalnote-to-go-public-via-1-3-bln-spac-deal-idUSL4N2RZ2I5","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1163389936","content_text":"(Reuters) - FiscalNote Holdings Inc, a Mark Cuban-backed legal data and analytics company, said on Monday it would merge with a blank-check firm to go public in a deal valuing it at about $1.3 billion.\nFounded in 2013, the company offers a platform that gives its customers such as Nestle, Netflix and Tesla access and analysis on every U.S. government bill.\nThe company uses artificial intelligence to make government data more accessible and also tracks regulatory developments in the European Union.\nFiscalNote’s deal with Duddell Street Acquisition Corp will provide it with proceeds of $275 million, consisting of a $100 million private placement in public equity and about $175 million from the special purpose acquisition company’s (SPAC) IPO.\nFiscalNote, which is also backed by billionaire venture capitalist and Yahoo Inc co-founder Jerry Yang, intends to use the proceeds to expand its product offering and fund acquisitions.\nA SPAC is a publicly listed shell company that raises funds with the intention of merging with a private company within two years of floating its shares. The private firm goes public through the merger.\nAfter the deal closes in the first quarter of 2022, FiscalNote will list on the Nasdaq under the ticker symbol “NOTE”.","news_type":1},"isVote":1,"tweetType":1,"viewCount":746,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":842029276,"gmtCreate":1636121392830,"gmtModify":1636121399445,"author":{"id":"3579171701347900","authorId":"3579171701347900","name":"MERV","avatar":"https://static.tigerbbs.com/f8240474b51adfbbd9ac12a9bbc11ecd","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3579171701347900","idStr":"3579171701347900"},"themes":[],"htmlText":"Like pls","listText":"Like pls","text":"Like pls","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/842029276","repostId":"1156284404","repostType":4,"repost":{"id":"1156284404","kind":"news","pubTimestamp":1636121042,"share":"https://www.laohu8.com/m/news/1156284404?lang=&edition=full","pubTime":"2021-11-05 22:04","market":"us","language":"en","title":"Better Buy: Disney vs. Starbucks","url":"https://stock-news.laohu8.com/highlight/detail?id=1156284404","media":"Motley Fool ","summary":"Both have strong brands, but one gets the nod.","content":"<p>It is always difficult to choose between two high-quality companies. Ideally, you might like to purchase both. Yet, frequently investing comes down to where to put your hard-earned money.</p>\n<p>That's the case with <b>Walt Disney</b> and <b>Starbucks</b>. Both stocks have had a challenging 2021. Disney's share price is down 6%, while Starbucks' stock has dropped by 5%. This comes as the <b>S&P 500</b> has risen by 24% during that time.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/92d7cd6a38784299fa1cce99ae01a4cd\" tg-width=\"2000\" tg-height=\"1333\" width=\"100%\" height=\"auto\"><span>IMAGE SOURCE: GETTY IMAGES.</span></p>\n<p>However, both offer investors solid long-term growth prospects. The question is: Which one is the better investment right now?</p>\n<p><b>Starbucks</b></p>\n<p>Investors clearly didn't like Starbucks' latest quarterly earnings report. Following the late-October release, they sent the stock down by 6% to about $106. The issue stemmed from higher costs that will likely continue weighing on near-term profitability.</p>\n<p>In the latest quarter, Starbucks' operating margin under U.S. generally accepted accounting principles(GAAP) more than doubled to 18.2%. But for next year, management expects a 17% margin, largely due to higher wages. While this is below its 18% to 19% long-term target, I believe this will prove temporary.</p>\n<p>That's because Starbucks continues to post strong sales growth. That will help the company increase prices and leverage expenses.</p>\n<p>Starbucks' quarterly revenue rose by 31% to $8.1 billion, driven by new restaurant openings and a 17% increase in same-store sales. For fiscal 2022, management expects a high single-digit percentage increase in comps and to open 2,000 restaurants, mostly outside of the U.S. It anticipates these will lead to revenue of $32.5 billion to $33 billion,</p>\n<p>In short, demand for Starbucks' products, which took a pause during the pandemic due to store closures, remains strong.</p>\n<p><b>Walt Disney</b></p>\n<p>Disney's shares have fallen this year due to concerns about slowing growth at Disney+, its streaming service. As it grew by leaps and bounds during the pandemic, I'm not concerned.</p>\n<p>After all, Disney+ had 116 million paid subscribers at the start of July 2021, compared to 103.6 million in April. This is also more than double the 57.5 million from a year ago.</p>\n<p>While it may not have the supersonic growth of the past, Disney+ is still adding subscribers at a nice pace. What's more, Disney is far more than a streaming service. Its vast media empire includes parks, movies, several television networks, and retail stores.</p>\n<p>This helps the company produce strong results, even if one part of the business slows. For instance, this year saw the return of live sports that helped its ESPN network, and theme parks reopened. Its quarterly revenue grew by 45% to $17 billion year over year.</p>\n<p>With popular media properties, such as a stable of Marvel characters and movies, the future looks bright for Disney. That's because it has highly recognized and well-regarded brands that have proven their staying power. Management has strengthened its position, including buying Twenty-First Century Fox a couple of years ago, which added television networks, Marvel characters, and provided a controlling interest in the streaming service Hulu.</p>\n<p>After examining both companies, both have strong brands that attract a lot of people. For me, the edge goes to Starbucks, since it has increased dividends since 2010, including during the pandemic. It's nice to receive the income, and it's a positive sign that management and the board of directors have confidence in the future.</p>\n<p>Unfortunately, Disney suspended its dividend last year. While that's certainly understandable given the uncertainty created by the pandemic, it does give a leg up to Starbucks, which saw fit to increase payments.</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>Better Buy: Disney vs. Starbucks</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\">\nBetter Buy: Disney vs. Starbucks\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-11-05 22:04 GMT+8 <a href=https://www.fool.com/investing/2021/11/05/better-buy-disney-vs-starbucks/><strong>Motley Fool </strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>It is always difficult to choose between two high-quality companies. Ideally, you might like to purchase both. Yet, frequently investing comes down to where to put your hard-earned money.\nThat's the ...</p>\n\n<a href=\"https://www.fool.com/investing/2021/11/05/better-buy-disney-vs-starbucks/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"DIS":"迪士尼","SBUX":"星巴克"},"source_url":"https://www.fool.com/investing/2021/11/05/better-buy-disney-vs-starbucks/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1156284404","content_text":"It is always difficult to choose between two high-quality companies. Ideally, you might like to purchase both. Yet, frequently investing comes down to where to put your hard-earned money.\nThat's the case with Walt Disney and Starbucks. Both stocks have had a challenging 2021. Disney's share price is down 6%, while Starbucks' stock has dropped by 5%. This comes as the S&P 500 has risen by 24% during that time.\nIMAGE SOURCE: GETTY IMAGES.\nHowever, both offer investors solid long-term growth prospects. The question is: Which one is the better investment right now?\nStarbucks\nInvestors clearly didn't like Starbucks' latest quarterly earnings report. Following the late-October release, they sent the stock down by 6% to about $106. The issue stemmed from higher costs that will likely continue weighing on near-term profitability.\nIn the latest quarter, Starbucks' operating margin under U.S. generally accepted accounting principles(GAAP) more than doubled to 18.2%. But for next year, management expects a 17% margin, largely due to higher wages. While this is below its 18% to 19% long-term target, I believe this will prove temporary.\nThat's because Starbucks continues to post strong sales growth. That will help the company increase prices and leverage expenses.\nStarbucks' quarterly revenue rose by 31% to $8.1 billion, driven by new restaurant openings and a 17% increase in same-store sales. For fiscal 2022, management expects a high single-digit percentage increase in comps and to open 2,000 restaurants, mostly outside of the U.S. It anticipates these will lead to revenue of $32.5 billion to $33 billion,\nIn short, demand for Starbucks' products, which took a pause during the pandemic due to store closures, remains strong.\nWalt Disney\nDisney's shares have fallen this year due to concerns about slowing growth at Disney+, its streaming service. As it grew by leaps and bounds during the pandemic, I'm not concerned.\nAfter all, Disney+ had 116 million paid subscribers at the start of July 2021, compared to 103.6 million in April. This is also more than double the 57.5 million from a year ago.\nWhile it may not have the supersonic growth of the past, Disney+ is still adding subscribers at a nice pace. What's more, Disney is far more than a streaming service. Its vast media empire includes parks, movies, several television networks, and retail stores.\nThis helps the company produce strong results, even if one part of the business slows. For instance, this year saw the return of live sports that helped its ESPN network, and theme parks reopened. Its quarterly revenue grew by 45% to $17 billion year over year.\nWith popular media properties, such as a stable of Marvel characters and movies, the future looks bright for Disney. That's because it has highly recognized and well-regarded brands that have proven their staying power. Management has strengthened its position, including buying Twenty-First Century Fox a couple of years ago, which added television networks, Marvel characters, and provided a controlling interest in the streaming service Hulu.\nAfter examining both companies, both have strong brands that attract a lot of people. For me, the edge goes to Starbucks, since it has increased dividends since 2010, including during the pandemic. It's nice to receive the income, and it's a positive sign that management and the board of directors have confidence in the future.\nUnfortunately, Disney suspended its dividend last year. While that's certainly understandable given the uncertainty created by the pandemic, it does give a leg up to Starbucks, which saw fit to increase payments.","news_type":1},"isVote":1,"tweetType":1,"viewCount":630,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":842029045,"gmtCreate":1636121355381,"gmtModify":1636121364787,"author":{"id":"3579171701347900","authorId":"3579171701347900","name":"MERV","avatar":"https://static.tigerbbs.com/f8240474b51adfbbd9ac12a9bbc11ecd","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3579171701347900","idStr":"3579171701347900"},"themes":[],"htmlText":"Like pls thanks","listText":"Like pls thanks","text":"Like pls thanks","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":7,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/842029045","repostId":"1136116425","repostType":4,"repost":{"id":"1136116425","kind":"news","weMediaInfo":{"introduction":"Providing stock market headlines, business news, financials and earnings ","home_visible":1,"media_name":"Tiger Newspress","id":"1079075236","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"pubTimestamp":1636104081,"share":"https://www.laohu8.com/m/news/1136116425?lang=&edition=full","pubTime":"2021-11-05 17:21","market":"us","language":"en","title":"U.S. Daylight Saving Time Ends on Sunday, Nov.7 2021","url":"https://stock-news.laohu8.com/highlight/detail?id=1136116425","media":"Tiger Newspress","summary":"Dear Tigers, U.S. Daylight Saving Time Ends on Sunday, Nov.7 2021,at 2:00 a.m.\nAt that time,the regu","content":"<p>Dear Tigers, U.S. Daylight Saving Time Ends on Sunday, Nov.7 2021,at 2:00 a.m.</p>\n<p>At that time,the regular trading period of the US stock market will move toward by one hour, which will become 22:30 p.m.to 5:00 a.m(Beijing Time/SGT). </p>\n<p><img src=\"https://static.tigerbbs.com/e441a1a98d5230fc31d6f1652e577bde\" tg-width=\"674\" tg-height=\"365\" referrerpolicy=\"no-referrer\"></p>\n<p><b>Trading Hours</b></p>\n<p>U.S. Eastern Time:9:30 ~ 16:00; Beijing time /SGT :22:30 ~ 5:00 the next day</p>\n<p><b>pre-trade</b></p>\n<p>U.S. Eastern Time:4:00 ~ 9:30;Beijing time/SGT :17:00 ~ 22:30</p>\n<p><b>post-trade</b></p>\n<p>U.S. Eastern Time:16:00~20:00;Beijing time/SGT:5:00 ~ 9:00</p>\n<p>(Note: Daylight saving time always begins on the second Sunday in March and ends on the first Sunday in November)</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>U.S. Daylight Saving Time Ends on Sunday, Nov.7 2021</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nU.S. Daylight Saving Time Ends on Sunday, Nov.7 2021\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time\">2021-11-05 17:21</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>Dear Tigers, U.S. Daylight Saving Time Ends on Sunday, Nov.7 2021,at 2:00 a.m.</p>\n<p>At that time,the regular trading period of the US stock market will move toward by one hour, which will become 22:30 p.m.to 5:00 a.m(Beijing Time/SGT). </p>\n<p><img src=\"https://static.tigerbbs.com/e441a1a98d5230fc31d6f1652e577bde\" tg-width=\"674\" tg-height=\"365\" referrerpolicy=\"no-referrer\"></p>\n<p><b>Trading Hours</b></p>\n<p>U.S. Eastern Time:9:30 ~ 16:00; Beijing time /SGT :22:30 ~ 5:00 the next day</p>\n<p><b>pre-trade</b></p>\n<p>U.S. Eastern Time:4:00 ~ 9:30;Beijing time/SGT :17:00 ~ 22:30</p>\n<p><b>post-trade</b></p>\n<p>U.S. Eastern Time:16:00~20:00;Beijing time/SGT:5:00 ~ 9:00</p>\n<p>(Note: Daylight saving time always begins on the second Sunday in March and ends on the first Sunday in November)</p>\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"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1136116425","content_text":"Dear Tigers, U.S. Daylight Saving Time Ends on Sunday, Nov.7 2021,at 2:00 a.m.\nAt that time,the regular trading period of the US stock market will move toward by one hour, which will become 22:30 p.m.to 5:00 a.m(Beijing Time/SGT). \n\nTrading Hours\nU.S. Eastern Time:9:30 ~ 16:00; Beijing time /SGT :22:30 ~ 5:00 the next day\npre-trade\nU.S. Eastern Time:4:00 ~ 9:30;Beijing time/SGT :17:00 ~ 22:30\npost-trade\nU.S. Eastern Time:16:00~20:00;Beijing time/SGT:5:00 ~ 9:00\n(Note: Daylight saving time always begins on the second Sunday in March and ends on the first Sunday in November)","news_type":1},"isVote":1,"tweetType":1,"viewCount":726,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":848462983,"gmtCreate":1636020869452,"gmtModify":1636020869896,"author":{"id":"3579171701347900","authorId":"3579171701347900","name":"MERV","avatar":"https://static.tigerbbs.com/f8240474b51adfbbd9ac12a9bbc11ecd","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3579171701347900","idStr":"3579171701347900"},"themes":[],"htmlText":"Like please thanks","listText":"Like please thanks","text":"Like please thanks","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/848462983","repostId":"1189037300","repostType":4,"repost":{"id":"1189037300","kind":"news","weMediaInfo":{"introduction":"Stock Market Quotes, Business News, Financial News, Trading Ideas, and Stock Research by Professionals","home_visible":0,"media_name":"Benzinga","id":"1052270027","head_image":"https://static.tigerbbs.com/d08bf7808052c0ca9deb4e944cae32aa"},"pubTimestamp":1636018960,"share":"https://www.laohu8.com/m/news/1189037300?lang=&edition=full","pubTime":"2021-11-04 17:42","market":"us","language":"en","title":"5 Stocks To Watch For November 4, 2021","url":"https://stock-news.laohu8.com/highlight/detail?id=1189037300","media":"Benzinga","summary":"Some of the stocks that may grab investor focus today are:\n\nWall Street expects Moderna, Inc. to rep","content":"<p>Some of the stocks that may grab investor focus today are:</p>\n<ul>\n <li>Wall Street expects <b>Moderna, Inc.</b> to report quarterly earnings at $8.95 per share on revenue of $6.45 billion before the opening bell. Moderna shares rose 0.2% to $346.66 in pre-market trading.</li>\n <li><b>Booking Holdings Inc.</b> reported upbeat earnings for the third quarter. Booking shares gained 4.3% to $2,540.00 in the pre-market trading session.</li>\n <li>Analysts are expecting <b>ViacomCBS Inc.</b> to have earned $0.76 per share on revenue of $6.60 billion for the latest quarter. The company will release earnings before the markets open. ViacomCBS shares rose 0.7% to 37.80 in pre-market trading.</li>\n</ul>\n<ul>\n <li><b>Qualcomm Inc</b> posted upbeat results for its recent quarter and issued a strong forecast for its current quarter. Qualcomm shares climbed 6.7% to $147.80 in the pre-market trading session.</li>\n <li>Analysts expect <b>Airbnb, Inc.</b> to post quarterly earnings at $0.84 per share on revenue of $2.04 billion after the closing bell. Airbnb shares rose 2.2% to 176.64 in pre-market trading.</li>\n</ul>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>5 Stocks To Watch For November 4, 2021</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\n5 Stocks To Watch For November 4, 2021\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/d08bf7808052c0ca9deb4e944cae32aa);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Benzinga </p>\n<p class=\"h-time\">2021-11-04 17:42</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<p>Some of the stocks that may grab investor focus today are:</p>\n<ul>\n <li>Wall Street expects <b>Moderna, Inc.</b> to report quarterly earnings at $8.95 per share on revenue of $6.45 billion before the opening bell. Moderna shares rose 0.2% to $346.66 in pre-market trading.</li>\n <li><b>Booking Holdings Inc.</b> reported upbeat earnings for the third quarter. Booking shares gained 4.3% to $2,540.00 in the pre-market trading session.</li>\n <li>Analysts are expecting <b>ViacomCBS Inc.</b> to have earned $0.76 per share on revenue of $6.60 billion for the latest quarter. The company will release earnings before the markets open. ViacomCBS shares rose 0.7% to 37.80 in pre-market trading.</li>\n</ul>\n<ul>\n <li><b>Qualcomm Inc</b> posted upbeat results for its recent quarter and issued a strong forecast for its current quarter. Qualcomm shares climbed 6.7% to $147.80 in the pre-market trading session.</li>\n <li>Analysts expect <b>Airbnb, Inc.</b> to post quarterly earnings at $0.84 per share on revenue of $2.04 billion after the closing bell. Airbnb shares rose 2.2% to 176.64 in pre-market trading.</li>\n</ul>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BKNG":"Booking Holdings","MRNA":"Moderna, Inc.","ABNB":"爱彼迎","QCOM":"高通"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1189037300","content_text":"Some of the stocks that may grab investor focus today are:\n\nWall Street expects Moderna, Inc. to report quarterly earnings at $8.95 per share on revenue of $6.45 billion before the opening bell. Moderna shares rose 0.2% to $346.66 in pre-market trading.\nBooking Holdings Inc. reported upbeat earnings for the third quarter. Booking shares gained 4.3% to $2,540.00 in the pre-market trading session.\nAnalysts are expecting ViacomCBS Inc. to have earned $0.76 per share on revenue of $6.60 billion for the latest quarter. The company will release earnings before the markets open. ViacomCBS shares rose 0.7% to 37.80 in pre-market trading.\n\n\nQualcomm Inc posted upbeat results for its recent quarter and issued a strong forecast for its current quarter. Qualcomm shares climbed 6.7% to $147.80 in the pre-market trading session.\nAnalysts expect Airbnb, Inc. to post quarterly earnings at $0.84 per share on revenue of $2.04 billion after the closing bell. Airbnb shares rose 2.2% to 176.64 in pre-market trading.","news_type":1},"isVote":1,"tweetType":1,"viewCount":760,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":841443160,"gmtCreate":1635937932421,"gmtModify":1635937932892,"author":{"id":"3579171701347900","authorId":"3579171701347900","name":"MERV","avatar":"https://static.tigerbbs.com/f8240474b51adfbbd9ac12a9bbc11ecd","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3579171701347900","idStr":"3579171701347900"},"themes":[],"htmlText":"Like and comment thanks","listText":"Like and comment thanks","text":"Like and comment thanks","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":2,"repostSize":0,"link":"https://laohu8.com/post/841443160","repostId":"1127735959","repostType":4,"repost":{"id":"1127735959","kind":"news","weMediaInfo":{"introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"media_name":"Reuters","id":"1036604489","head_image":"https://static.tigerbbs.com/443ce19704621c837795676028cec868"},"pubTimestamp":1635916273,"share":"https://www.laohu8.com/m/news/1127735959?lang=&edition=full","pubTime":"2021-11-03 13:11","market":"us","language":"en","title":"2014 vs 2021: How a Fed taper can move asset prices","url":"https://stock-news.laohu8.com/highlight/detail?id=1127735959","media":"Reuters","summary":"Nov 3 (Reuters) - The Federal Reserve's taper in 2014 was preceded by sharp gyrations in Treasury ma","content":"<p>Nov 3 (Reuters) - The Federal Reserve's taper in 2014 was preceded by sharp gyrations in Treasury markets and helped lay the foundations for a massive rally in the U.S. dollar.</p>\n<p>With the Fed widely expected to soon begin an unwind of its $120 billion in government bond buying, here’s a comparison between the market backdrop around the time of the Fed’s most recent unwind and today.</p>\n<p><b>TAPER TIME</b></p>\n<p>The Fed’s taper of the $85 billion a month bond buying program, which it began in response to the 2007-2009 financial crisis and recession, ran from January 2014 until October of that year.</p>\n<p>Since then the central bank’s balance sheet has ballooned to $8.6 trillion as policymakers slashed rates to near zero and rolled out a raft of measures, including monthly government backed bond purchases, as they fought to support the economy in the wake of the COVID-19 outbreak last year.</p>\n<p>The central bank concludes its November monetary policy meeting on Wednesday.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/21e2b4ac0b887965627cae9b55f9f955\" tg-width=\"600\" tg-height=\"376\" referrerpolicy=\"no-referrer\"><span>The Fed's balance sheet</span></p>\n<p><b>THE DOLLAR</b></p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/d7375bda922b3350d90b7af2146d0f99\" tg-width=\"750\" tg-height=\"490\" referrerpolicy=\"no-referrer\"><span>Yield spread and the U.S. dollar</span></p>\n<p>While U.S. monetary policy was far from hawkish in 2014, it stood in contrast to the ultra-dovish trajectories of central banks in Europe, Japan and other countries, who were still fully supporting their economies with stimulus while the Fed was curtailing its bond buying.</p>\n<p>A widening between the yields on U.S. Treasuries and government bonds in other countries helped spark a rally in the dollar, which rose nearly 13% against a basket of major currencies in 2014.(.DXY)</p>\n<p>The global monetary policy picture is different this time around, with some investors betting that central banks in the U.K., Canada and other economies are likely to soon raise interest rates to combat a global surge in inflation.read more</p>\n<p>Signs that the Fed is more concerned about inflation than it has previously indicated, however, could buoy U.S. rates and potentially support the greenback, analysts said.</p>\n<p><b>BOND YIELDS</b></p>\n<p>Bond yields rocketed higher in 2013, after then-Fed chief Ben Bernanke alluded to the policymaker's thinking on plans for pulling back its monetary support in an appearance before lawmakers.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/3fb39cbc3a2274234cf2228f0f3d2c8a\" tg-width=\"960\" tg-height=\"720\" referrerpolicy=\"no-referrer\"><span>U.S. 10-year yield</span></p>\n<p>This time around, Fed Chair Jerome Powell has tried to prepare markets for the start of a taper well in advance.</p>\n<p>Still, U.S. bond markets have experienced gyrations in recent weeks as some investors bet the central bank will need to be more hawkish than expected to combat inflation.read more</p>\n<p>Meanwhile, rising yields on expectations of tighter monetary policy and rebounding growth have put the U.S. bond market on track for its worst year since 2013. Yields move inversely to prices.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/2b5ab6e382decd792f362cf2ffa4e2ef\" tg-width=\"1320\" tg-height=\"800\" referrerpolicy=\"no-referrer\"><span>Reuters Graphics</span></p>\n<p><b>STOCKS</b></p>\n<p>The S&P 500(.SPX)stood near record highs as the Fed kicked off its taper in 2014 and continued to fresh peaks after the unwind began.</p>\n<p>Though stocks are at records today as well, valuations have ballooned over the years, leading some investors to worry that some areas of the market--including the big growth and technology stocks that make up a large chunk of the S&P 500--may be more vulnerable to higher yields and a more hawkish monetary policy stance.read more</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/475d631ecb09b16e14bcc1ad22735f20\" tg-width=\"960\" tg-height=\"720\" width=\"100%\" height=\"auto\"><span>U.S. stock valuations</span></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>2014 vs 2021: How a Fed taper can move asset prices</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\">\n2014 vs 2021: How a Fed taper can move asset prices\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1036604489\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/443ce19704621c837795676028cec868);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Reuters </p>\n<p class=\"h-time\">2021-11-03 13:11</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>Nov 3 (Reuters) - The Federal Reserve's taper in 2014 was preceded by sharp gyrations in Treasury markets and helped lay the foundations for a massive rally in the U.S. dollar.</p>\n<p>With the Fed widely expected to soon begin an unwind of its $120 billion in government bond buying, here’s a comparison between the market backdrop around the time of the Fed’s most recent unwind and today.</p>\n<p><b>TAPER TIME</b></p>\n<p>The Fed’s taper of the $85 billion a month bond buying program, which it began in response to the 2007-2009 financial crisis and recession, ran from January 2014 until October of that year.</p>\n<p>Since then the central bank’s balance sheet has ballooned to $8.6 trillion as policymakers slashed rates to near zero and rolled out a raft of measures, including monthly government backed bond purchases, as they fought to support the economy in the wake of the COVID-19 outbreak last year.</p>\n<p>The central bank concludes its November monetary policy meeting on Wednesday.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/21e2b4ac0b887965627cae9b55f9f955\" tg-width=\"600\" tg-height=\"376\" referrerpolicy=\"no-referrer\"><span>The Fed's balance sheet</span></p>\n<p><b>THE DOLLAR</b></p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/d7375bda922b3350d90b7af2146d0f99\" tg-width=\"750\" tg-height=\"490\" referrerpolicy=\"no-referrer\"><span>Yield spread and the U.S. dollar</span></p>\n<p>While U.S. monetary policy was far from hawkish in 2014, it stood in contrast to the ultra-dovish trajectories of central banks in Europe, Japan and other countries, who were still fully supporting their economies with stimulus while the Fed was curtailing its bond buying.</p>\n<p>A widening between the yields on U.S. Treasuries and government bonds in other countries helped spark a rally in the dollar, which rose nearly 13% against a basket of major currencies in 2014.(.DXY)</p>\n<p>The global monetary policy picture is different this time around, with some investors betting that central banks in the U.K., Canada and other economies are likely to soon raise interest rates to combat a global surge in inflation.read more</p>\n<p>Signs that the Fed is more concerned about inflation than it has previously indicated, however, could buoy U.S. rates and potentially support the greenback, analysts said.</p>\n<p><b>BOND YIELDS</b></p>\n<p>Bond yields rocketed higher in 2013, after then-Fed chief Ben Bernanke alluded to the policymaker's thinking on plans for pulling back its monetary support in an appearance before lawmakers.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/3fb39cbc3a2274234cf2228f0f3d2c8a\" tg-width=\"960\" tg-height=\"720\" referrerpolicy=\"no-referrer\"><span>U.S. 10-year yield</span></p>\n<p>This time around, Fed Chair Jerome Powell has tried to prepare markets for the start of a taper well in advance.</p>\n<p>Still, U.S. bond markets have experienced gyrations in recent weeks as some investors bet the central bank will need to be more hawkish than expected to combat inflation.read more</p>\n<p>Meanwhile, rising yields on expectations of tighter monetary policy and rebounding growth have put the U.S. bond market on track for its worst year since 2013. Yields move inversely to prices.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/2b5ab6e382decd792f362cf2ffa4e2ef\" tg-width=\"1320\" tg-height=\"800\" referrerpolicy=\"no-referrer\"><span>Reuters Graphics</span></p>\n<p><b>STOCKS</b></p>\n<p>The S&P 500(.SPX)stood near record highs as the Fed kicked off its taper in 2014 and continued to fresh peaks after the unwind began.</p>\n<p>Though stocks are at records today as well, valuations have ballooned over the years, leading some investors to worry that some areas of the market--including the big growth and technology stocks that make up a large chunk of the S&P 500--may be more vulnerable to higher yields and a more hawkish monetary policy stance.read more</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/475d631ecb09b16e14bcc1ad22735f20\" tg-width=\"960\" tg-height=\"720\" width=\"100%\" height=\"auto\"><span>U.S. stock valuations</span></p>\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"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1127735959","content_text":"Nov 3 (Reuters) - The Federal Reserve's taper in 2014 was preceded by sharp gyrations in Treasury markets and helped lay the foundations for a massive rally in the U.S. dollar.\nWith the Fed widely expected to soon begin an unwind of its $120 billion in government bond buying, here’s a comparison between the market backdrop around the time of the Fed’s most recent unwind and today.\nTAPER TIME\nThe Fed’s taper of the $85 billion a month bond buying program, which it began in response to the 2007-2009 financial crisis and recession, ran from January 2014 until October of that year.\nSince then the central bank’s balance sheet has ballooned to $8.6 trillion as policymakers slashed rates to near zero and rolled out a raft of measures, including monthly government backed bond purchases, as they fought to support the economy in the wake of the COVID-19 outbreak last year.\nThe central bank concludes its November monetary policy meeting on Wednesday.\nThe Fed's balance sheet\nTHE DOLLAR\nYield spread and the U.S. dollar\nWhile U.S. monetary policy was far from hawkish in 2014, it stood in contrast to the ultra-dovish trajectories of central banks in Europe, Japan and other countries, who were still fully supporting their economies with stimulus while the Fed was curtailing its bond buying.\nA widening between the yields on U.S. Treasuries and government bonds in other countries helped spark a rally in the dollar, which rose nearly 13% against a basket of major currencies in 2014.(.DXY)\nThe global monetary policy picture is different this time around, with some investors betting that central banks in the U.K., Canada and other economies are likely to soon raise interest rates to combat a global surge in inflation.read more\nSigns that the Fed is more concerned about inflation than it has previously indicated, however, could buoy U.S. rates and potentially support the greenback, analysts said.\nBOND YIELDS\nBond yields rocketed higher in 2013, after then-Fed chief Ben Bernanke alluded to the policymaker's thinking on plans for pulling back its monetary support in an appearance before lawmakers.\nU.S. 10-year yield\nThis time around, Fed Chair Jerome Powell has tried to prepare markets for the start of a taper well in advance.\nStill, U.S. bond markets have experienced gyrations in recent weeks as some investors bet the central bank will need to be more hawkish than expected to combat inflation.read more\nMeanwhile, rising yields on expectations of tighter monetary policy and rebounding growth have put the U.S. bond market on track for its worst year since 2013. Yields move inversely to prices.\nReuters Graphics\nSTOCKS\nThe S&P 500(.SPX)stood near record highs as the Fed kicked off its taper in 2014 and continued to fresh peaks after the unwind began.\nThough stocks are at records today as well, valuations have ballooned over the years, leading some investors to worry that some areas of the market--including the big growth and technology stocks that make up a large chunk of the S&P 500--may be more vulnerable to higher yields and a more hawkish monetary policy stance.read more\nU.S. stock valuations","news_type":1},"isVote":1,"tweetType":1,"viewCount":891,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":849425149,"gmtCreate":1635774590297,"gmtModify":1635774590510,"author":{"id":"3579171701347900","authorId":"3579171701347900","name":"MERV","avatar":"https://static.tigerbbs.com/f8240474b51adfbbd9ac12a9bbc11ecd","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3579171701347900","idStr":"3579171701347900"},"themes":[],"htmlText":"Like pls thanks","listText":"Like pls thanks","text":"Like pls thanks","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/849425149","repostId":"2179250221","repostType":4,"repost":{"id":"2179250221","kind":"news","pubTimestamp":1635721559,"share":"https://www.laohu8.com/m/news/2179250221?lang=&edition=full","pubTime":"2021-11-01 07:05","market":"us","language":"en","title":"Federal Reserve decision, October jobs report: What to know this week","url":"https://stock-news.laohu8.com/highlight/detail?id=2179250221","media":"Yahoo Finance","summary":"The Federal Reserve's forthcoming monetary policy meeting will be in focus this week, and may set th","content":"<p><img src=\"https://static.tigerbbs.com/790c3fdfdc38fa2b5b3a13d89fb1959a\" tg-width=\"1878\" tg-height=\"2940\" width=\"100%\" height=\"auto\"></p>\n<p>The Federal Reserve's forthcoming monetary policy meeting will be in focus this week, and may set the stage for a long-awaited announcement of asset-purchase tapering. Meanwhile, traders will also await more data on the U.S. economic recovery with the Labor Department's monthly jobs report later this week.</p>\n<p>The Federal Open Market Committee's (FOMC) November meeting will take place from Tuesday to Wednesday, with the policy statement and press conference from the meeting serving as the central bank's penultimate opportunity this year to announce formal plans to begin rolling back its crisis-era quantitative easing program. For the past year-and-a-half, the central bank has been purchasing $120 billion per month in agency mortgage-backed securities and Treasuries, as <a href=\"https://laohu8.com/S/AONE.U\">one</a> major tool to support the economy during the pandemic.</p>\n<p>In late September, the FOMC's latest monetary policy statement and press conference from Federal Reserve Chair Jerome <a href=\"https://laohu8.com/S/POWL\">Powell</a> suggested the central bank was apt to announce the start of tapering before year-end, and continue the tapering process until \"around the middle of next year.\"</p>\n<p>\"The upcoming FOMC meeting will be important for three reasons: 1) the announcement of tapering; 2) guidance around what tapering means for the path of hikes; and 3) nuanced changes in views around inflation risks given recent data,\" wrote <a href=\"https://laohu8.com/S/BAC\">Bank of America</a> economist Michelle Meyer in a note.</p>\n<p>\"The statement that announces the new pace of asset purchases will be followed by a note regarding flexibility stating that asset purchases are not on a pre-set course and will depend on the outlook for the labor market and inflation as well as an assessment of the efficacy of asset purchases,\" she predicted.</p>\n<p>She noted that Powell may also use the press conference to reiterate that the end of tapering would not necessarily indicate the start of rate hikes, and that both policy actions are distinct. In previous public remarks, Powell has already made a similar point in previous public remarks, saying, \"the timing and pace of the coming reduction in asset purchases will not be intended to carry a direct signal regarding the timing of interest rate liftoff.\"</p>\n<p>Given the market has been anticipating the start to tapering for months now, speculation around when the Fed will make a move on interest rates has become a point of particular interest to investors. <a href=\"https://laohu8.com/S/ISBC\">Investors</a> and economists have mulled whether the Fed may need to act more quickly than previously telegraphed on adjusting interest rates to stave off inflation, which has proven more long-lasting than some had suggested.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/f0f0ae63a784eef5578397df02340483\" tg-width=\"4932\" tg-height=\"3288\" referrerpolicy=\"no-referrer\"><span>WASHINGTON, DC - SEPTEMBER 24: Federal Reserve Board Chairman Jerome Powell testifies during a Senate Banking Committee hearing on Capitol Hill on September 24, 2020 in Washington, DC. Powell and U.S. Treasury Secretary Steve Mnuchin are testifying about the CARES Act and the economic effects of the coronavirus pandemic. (Photo by Drew Angerer/Getty Images)Drew Angerer via Getty Images</span></p>\n<p>In September, core personal consumption expenditures — the Fed's preferred gauge of underlying inflation — rose 3.6% over last year for a fourth consecutive month, coming in at the fastest clip since 1991. And earlier this month, Powell acknowledged in public remarks that the supply chain constraints and shortages that spurred the latest rise in prices are \"likely to last longer than previously expected, likely well into next year.\"</p>\n<p>While the central bank will not release an updated Summary of Economic Projections with their policy statement on Wednesday, the latest projections from the September meeting suggested the committee was split on rate hikes for 2022, with nine members seeing no rate hikes by the end of next year while the other nine members saw at least <a href=\"https://laohu8.com/S/AONE.U\">one</a> hike.</p>\n<p>\"I think the Fed has pretty well determined to start the taper pretty quickly. We expect them to announce it next week and then start it soon thereafter, so that's pretty well carved in stone,\" Kathy Jones, <a href=\"https://laohu8.com/S/SCHW\">Charles Schwab</a> chief fixed income strategist, told Yahoo Finance Live last week. \"I think the big debate now is how quickly the Fed moves toward actually raising rates. The expectation in the market has really shifted to expecting as many as two rate hikes in 2022 and 2023 ... that’s a pretty aggressive pace of tightening.\"</p>\n<h2>October jobs report</h2>\n<p>One of this week's most closely watched pieces of economic data will be the October jobs report, which is due for release on Friday from the Labor Department.</p>\n<p>Economists are looking to see a pick-up in the pace of hiring for October after a disappointing print in September, when just 194,000 non-farm payrolls returned versus the half million expected. Over the past two months, payroll gains averaged at just 280,000. The unemployment rate is expected to take another small step toward pre-pandemic levels in October as well, with the jobless rate anticipated to dip to 4.7% from 4.8% the prior month.</p>\n<p>Still, the labor market has still fallen short its pre-pandemic conditions on a number of fronts. The unemployment rate has yet to return to its 50-year low of 3.5% from February 2020. And as of September, the civilian labor force was still down by about 3.1 million individuals from pre-virus levels.</p>\n<p>One factor weighing on the labor market in August and September was the Delta variant, which may have deterred some workers from seeking employment in person for risk of infection. And an ongoing element dragging on the labor market's recovery has been a mismatch of supply and demand, with employers struggling to fill a near-record number of job openings while voluntary quits jumped to a historically high level.</p>\n<p>\"Next week’s October payrolls report will shed light on whether supply eased on diminishing constraints or if the labor market continues to face headwinds for now,\" wrote Rubeela Farooqi, chief U.S. economist for High Frequency Economics, in a note last week.</p>\n<p>But some data from the past couple weeks has reflected favorably on conditions in the labor market in October. Weekly new unemployment claims broke below 300,000 for the first time since the start of the pandemic during the survey week for the October jobs report, or the week that includes the 12th of the month. And in the Conference Board's October Consumer Confidence Index, just 10.6% of consumers said jobs were \"hard to get,\" down from 13.0% in September. That brought the Conference Board's closely watched labor market differential, or percentage of consumers saying jobs are \"hard to get\" subtracted from the percentage saying jobs \"are plentiful,\" to 45, or its highest level since 2000.</p>\n<h2>Economic calendar</h2>\n<ul>\n <li><p><b>Monday: </b><a href=\"https://laohu8.com/S/MRKT\">Markit</a> U.S. Manufacturing PMI, Oct. final (59.3 expected, 59.2 in September); Constructing spending, month-over-month, September (0.4% expected, 0.0% in August); ISM Manufacturing Index, Oct. (60.5 expected, 61.1 in September)</p></li>\n <li><p><b>Tuesday: </b><i>No notable reports scheduled for release</i></p></li>\n <li><p><b>Wednesday: </b>MBA Mortgage Applications, week ended Oct. 29 (0.3% during prior week); ADP Employment Change, Oct. (400,000 expected, 568,000 in September); ISM Services Index, October (62.0 expected, 61.9 in September); Factory Orders, September (-0.1% expected, 1.2% in August); Durable goods orders, September final (-0.4% in prior print; Durable goods orders excluding transportation, September final (0.4% in prior print); Non-defense capital goods orders excluding aircraft, September final (0.8% in prior print); Markit U.S. Services PMI, October final (58.2 expected, 58.2 in prior print); Markit U.S. Composite PMI, October final (57.3 in prior print); Federal Open Market Committee monetary policy decision</p></li>\n <li><p><b>Thursday: </b>Challenger job cuts, year-over-year, October (-84.9% in September); Initial jobless claims, week ended Oct. 30 (275,000 expected, 281,000 during prior week); Continuing claims, week ended Oct. 23 (2.147 million expected, 2.243 million during prior week); Non-farm productivity, Q3 preliminary (-3.2% expected, 2.1% in <a href=\"https://laohu8.com/S/QTWO\">Q2</a>); <a href=\"https://laohu8.com/S/UNT\">Unit</a> Labor Costs, Q3 preliminary (6.9% expected, 1.3% in Q2); Trade balance, September (-$80.1 billion expected, -$73.3 billion in August)</p></li>\n <li><p><b>Friday: </b>Change in non-farm payrolls, October (450,000 expected, 194,000 in September); Unemployment rate, October (4.7% expected, 4.8% in September); Average hourly earnings, month-over-month, October (4.7% expected, 4.8% in September); Average hourly earnings, year-over-year, October (4.9% expected, 4.6% in September); Labor Force Participation Rate, October (61.8% expected, 61.6% in September); Consumer Credit, September ($16.200 billion expected, $14.379 million in August)</p></li>\n</ul>\n<h2>Earnings calendar</h2>\n<ul>\n <li><p><b>Monday: </b><a href=\"https://laohu8.com/S/CLX\">Clorox</a> (CLX), <a href=\"https://laohu8.com/S/CAR\">Avis Budget</a> Group (<a href=\"https://laohu8.com/S/00699\">CAR</a>), ZoomInfo Technologies (ZI), <a href=\"https://laohu8.com/S/CHGG\">Chegg Inc</a>. (CHGG), <a href=\"https://laohu8.com/S/FANG\">Diamondback Energy</a> (FANG), The <a href=\"https://laohu8.com/S/SPG\">Simon Property</a> Group (SPG) after market close</p></li>\n <li><p><b>Tuesday: </b><a href=\"https://laohu8.com/S/UA.C\">Under Armour</a> (UAA), <a href=\"https://laohu8.com/S/EL\">Estee Lauder</a> (EL), <a href=\"https://laohu8.com/S/RL\">Ralph Lauren</a> (RL), Apollo Global Management (APO), Corsair Gaming (CRSR), <a href=\"https://laohu8.com/S/BLMN\">Bloomin' Brands</a> (BLMN), <a href=\"https://laohu8.com/S/COP\">ConocoPhillips</a> (COP), <a href=\"https://laohu8.com/S/PFE\">Pfizer</a> (PFE), <a href=\"https://laohu8.com/S/GRPN\">Groupon</a> (GPN), <a href=\"https://laohu8.com/S/MPC\">Marathon</a> Petroleum (MPC) before market open; <a href=\"https://laohu8.com/S/MDLZ\">Mondelez</a> (MDLZ), T-Mobile (TMUS), <a href=\"https://laohu8.com/S/AKAM\">Akamai</a> (AKAM), <a href=\"https://laohu8.com/S/ATVI\">Activision Blizzard</a> (ATVI), Lyft (LYFT), <a href=\"https://laohu8.com/S/MTCH\">Match</a> Group (MTCH), <a href=\"https://laohu8.com/S/DVN\">Devon</a> Energy (DVN), <a href=\"https://laohu8.com/S/CHK\">Chesapeake</a> Energy (CHK), Coursera (COUR), <a href=\"https://laohu8.com/S/Z\">Zillow</a> Group (ZG), <a href=\"https://laohu8.com/S/AMGN\">Amgen</a> (AMGN) after market close</p></li>\n <li><p><b>Wednesday: </b><a href=\"https://laohu8.com/S/HUM\">Humana</a> (HUM), <a href=\"https://laohu8.com/S/DISCA\">Discovery</a> Inc. (DISCA), The <a href=\"https://laohu8.com/S/NYT\">New York Times</a> (NYT), <a href=\"https://laohu8.com/S/NCLH\">Norwegian Cruise Line</a> Holdings (NCLH), <a href=\"https://laohu8.com/S/MAR\">Marriott</a> International (MAR), <a href=\"https://laohu8.com/S/CVS\">CVS Health</a> Corp. (CVS), <a href=\"https://laohu8.com/S/SBGI\">Sinclair Broadcast Group</a> (SBGI) before market open; <a href=\"https://laohu8.com/S/BKNG\">Booking Holdings</a> (BKNG), <a href=\"https://laohu8.com/S/QRVO\">Qorvo</a> (QRVO), The <a href=\"https://laohu8.com/S/ALL\">Allstate</a> Corp. (ALL), <a href=\"https://laohu8.com/S/MGM\">MGM Resorts International</a> (MGM), $Take-<a href=\"https://laohu8.com/S/TWOA.U\">Two</a> Interactive Software(TTWO)$ (TTWO), <a href=\"https://laohu8.com/S/EA\">Electronic Arts</a> (EA), Vimeo (VMEO), <a href=\"https://laohu8.com/S/ETSY\">Etsy</a> (ETSY), <a href=\"https://laohu8.com/S/GDDY\">GoDaddy</a> (GDDY), <a href=\"https://laohu8.com/S/MRO\">Marathon</a> Oil Corp. (MRO), Roku (ROKU), <a href=\"https://laohu8.com/S/QCOM\">Qualcomm</a> (QCOM) after market close</p></li>\n <li><p><b>Thursday: </b><a href=\"https://laohu8.com/S/CI\">Cigna</a> (CI), <a href=\"https://laohu8.com/S/W\">Wayfair</a> (W), ViacomCBS (VIAC), Nikola (NKLA), <a href=\"https://laohu8.com/S/DEX.AU\">Duke</a> Energy (DUK), <a href=\"https://laohu8.com/S/CTXS\">Citrix</a> Systems (CTXS), <a href=\"https://laohu8.com/S/REGN\">Regeneron Pharmaceuticals</a> (REGN), <a href=\"https://laohu8.com/S/HBI\">Hanesbrands</a> (HBI), Moderna (MRNA), <a href=\"https://laohu8.com/S/PLNT\">Planet Fitness</a> (PLNT), Vulcan Material (VMC), <a href=\"https://laohu8.com/S/K\">Kellogg</a> (K), <a href=\"https://laohu8.com/S/SQ\">Square</a> (SQ), Cloudflare (NET), <a href=\"https://laohu8.com/S/OXY\">Occidental</a> Petroleum (OXY), <a href=\"https://laohu8.com/S/UBER\">Uber</a> Technologies (UBER), <a href=\"https://laohu8.com/S/AFG\">American</a> International Group (AIG), <a href=\"https://laohu8.com/S/SHAK\">Shake Shack</a> (SHAK), iHeartMedia (IHRT), <a href=\"https://laohu8.com/S/NVAX\">Novavax</a> (NVAX), IAC Interactive Corp. (IAC), Peloton (PTON), Dropbox (DBX), DataDog (DDOG), Pinterest (PINS), <a href=\"https://laohu8.com/S/SWKS\">Skyworks Solutions</a> (SWKS), <a href=\"https://laohu8.com/S/EXPE\">Expedia</a> (EXPE), Rocket Cos. (RKT), <a href=\"https://laohu8.com/S/LYV\">Live Nation Entertainment</a> (LYV), Airbnb (ABNB)</p></li>\n <li><p><b>Friday: </b><a href=\"https://laohu8.com/S/WYNN\">Wynn</a> Resorts (WYNN), Dish Networks (DISH), Dominion Energy (D), DraftKings (DKNG), <a href=\"https://laohu8.com/S/GT\">Goodyear</a> Tire and Rubber (GT), <a href=\"https://laohu8.com/S/CNK\">Cinemark</a> Holdings (CNK) before market open</p></li>\n</ul>","source":"yahoofinance_au","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Federal Reserve decision, October jobs report: What to know this week</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nFederal Reserve decision, October jobs report: What to know this week\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-11-01 07:05 GMT+8 <a href=https://finance.yahoo.com/news/federal-reserve-meeting-october-jobs-report-what-to-know-this-week-151259921.html><strong>Yahoo Finance</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>The Federal Reserve's forthcoming monetary policy meeting will be in focus this week, and may set the stage for a long-awaited announcement of asset-purchase tapering. Meanwhile, traders will also ...</p>\n\n<a href=\"https://finance.yahoo.com/news/federal-reserve-meeting-october-jobs-report-what-to-know-this-week-151259921.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"ATVI":"动视暴雪",".DJI":"道琼斯","CLX":"高乐氏",".IXIC":"NASDAQ Composite","BLMN":"Bloomin' Brands",".SPX":"S&P 500 Index","UBER":"优步","CRSR":"Corsair Gaming, Inc.","RL":"拉夫劳伦","EL":"雅诗兰黛","PFE":"辉瑞","COP":"康菲石油","APO":"阿波罗全球管理"},"source_url":"https://finance.yahoo.com/news/federal-reserve-meeting-october-jobs-report-what-to-know-this-week-151259921.html","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2179250221","content_text":"The Federal Reserve's forthcoming monetary policy meeting will be in focus this week, and may set the stage for a long-awaited announcement of asset-purchase tapering. Meanwhile, traders will also await more data on the U.S. economic recovery with the Labor Department's monthly jobs report later this week.\nThe Federal Open Market Committee's (FOMC) November meeting will take place from Tuesday to Wednesday, with the policy statement and press conference from the meeting serving as the central bank's penultimate opportunity this year to announce formal plans to begin rolling back its crisis-era quantitative easing program. For the past year-and-a-half, the central bank has been purchasing $120 billion per month in agency mortgage-backed securities and Treasuries, as one major tool to support the economy during the pandemic.\nIn late September, the FOMC's latest monetary policy statement and press conference from Federal Reserve Chair Jerome Powell suggested the central bank was apt to announce the start of tapering before year-end, and continue the tapering process until \"around the middle of next year.\"\n\"The upcoming FOMC meeting will be important for three reasons: 1) the announcement of tapering; 2) guidance around what tapering means for the path of hikes; and 3) nuanced changes in views around inflation risks given recent data,\" wrote Bank of America economist Michelle Meyer in a note.\n\"The statement that announces the new pace of asset purchases will be followed by a note regarding flexibility stating that asset purchases are not on a pre-set course and will depend on the outlook for the labor market and inflation as well as an assessment of the efficacy of asset purchases,\" she predicted.\nShe noted that Powell may also use the press conference to reiterate that the end of tapering would not necessarily indicate the start of rate hikes, and that both policy actions are distinct. In previous public remarks, Powell has already made a similar point in previous public remarks, saying, \"the timing and pace of the coming reduction in asset purchases will not be intended to carry a direct signal regarding the timing of interest rate liftoff.\"\nGiven the market has been anticipating the start to tapering for months now, speculation around when the Fed will make a move on interest rates has become a point of particular interest to investors. Investors and economists have mulled whether the Fed may need to act more quickly than previously telegraphed on adjusting interest rates to stave off inflation, which has proven more long-lasting than some had suggested.\nWASHINGTON, DC - SEPTEMBER 24: Federal Reserve Board Chairman Jerome Powell testifies during a Senate Banking Committee hearing on Capitol Hill on September 24, 2020 in Washington, DC. Powell and U.S. Treasury Secretary Steve Mnuchin are testifying about the CARES Act and the economic effects of the coronavirus pandemic. (Photo by Drew Angerer/Getty Images)Drew Angerer via Getty Images\nIn September, core personal consumption expenditures — the Fed's preferred gauge of underlying inflation — rose 3.6% over last year for a fourth consecutive month, coming in at the fastest clip since 1991. And earlier this month, Powell acknowledged in public remarks that the supply chain constraints and shortages that spurred the latest rise in prices are \"likely to last longer than previously expected, likely well into next year.\"\nWhile the central bank will not release an updated Summary of Economic Projections with their policy statement on Wednesday, the latest projections from the September meeting suggested the committee was split on rate hikes for 2022, with nine members seeing no rate hikes by the end of next year while the other nine members saw at least one hike.\n\"I think the Fed has pretty well determined to start the taper pretty quickly. We expect them to announce it next week and then start it soon thereafter, so that's pretty well carved in stone,\" Kathy Jones, Charles Schwab chief fixed income strategist, told Yahoo Finance Live last week. \"I think the big debate now is how quickly the Fed moves toward actually raising rates. The expectation in the market has really shifted to expecting as many as two rate hikes in 2022 and 2023 ... that’s a pretty aggressive pace of tightening.\"\nOctober jobs report\nOne of this week's most closely watched pieces of economic data will be the October jobs report, which is due for release on Friday from the Labor Department.\nEconomists are looking to see a pick-up in the pace of hiring for October after a disappointing print in September, when just 194,000 non-farm payrolls returned versus the half million expected. Over the past two months, payroll gains averaged at just 280,000. The unemployment rate is expected to take another small step toward pre-pandemic levels in October as well, with the jobless rate anticipated to dip to 4.7% from 4.8% the prior month.\nStill, the labor market has still fallen short its pre-pandemic conditions on a number of fronts. The unemployment rate has yet to return to its 50-year low of 3.5% from February 2020. And as of September, the civilian labor force was still down by about 3.1 million individuals from pre-virus levels.\nOne factor weighing on the labor market in August and September was the Delta variant, which may have deterred some workers from seeking employment in person for risk of infection. And an ongoing element dragging on the labor market's recovery has been a mismatch of supply and demand, with employers struggling to fill a near-record number of job openings while voluntary quits jumped to a historically high level.\n\"Next week’s October payrolls report will shed light on whether supply eased on diminishing constraints or if the labor market continues to face headwinds for now,\" wrote Rubeela Farooqi, chief U.S. economist for High Frequency Economics, in a note last week.\nBut some data from the past couple weeks has reflected favorably on conditions in the labor market in October. Weekly new unemployment claims broke below 300,000 for the first time since the start of the pandemic during the survey week for the October jobs report, or the week that includes the 12th of the month. And in the Conference Board's October Consumer Confidence Index, just 10.6% of consumers said jobs were \"hard to get,\" down from 13.0% in September. That brought the Conference Board's closely watched labor market differential, or percentage of consumers saying jobs are \"hard to get\" subtracted from the percentage saying jobs \"are plentiful,\" to 45, or its highest level since 2000.\nEconomic calendar\n\nMonday: Markit U.S. Manufacturing PMI, Oct. final (59.3 expected, 59.2 in September); Constructing spending, month-over-month, September (0.4% expected, 0.0% in August); ISM Manufacturing Index, Oct. (60.5 expected, 61.1 in September)\nTuesday: No notable reports scheduled for release\nWednesday: MBA Mortgage Applications, week ended Oct. 29 (0.3% during prior week); ADP Employment Change, Oct. (400,000 expected, 568,000 in September); ISM Services Index, October (62.0 expected, 61.9 in September); Factory Orders, September (-0.1% expected, 1.2% in August); Durable goods orders, September final (-0.4% in prior print; Durable goods orders excluding transportation, September final (0.4% in prior print); Non-defense capital goods orders excluding aircraft, September final (0.8% in prior print); Markit U.S. Services PMI, October final (58.2 expected, 58.2 in prior print); Markit U.S. Composite PMI, October final (57.3 in prior print); Federal Open Market Committee monetary policy decision\nThursday: Challenger job cuts, year-over-year, October (-84.9% in September); Initial jobless claims, week ended Oct. 30 (275,000 expected, 281,000 during prior week); Continuing claims, week ended Oct. 23 (2.147 million expected, 2.243 million during prior week); Non-farm productivity, Q3 preliminary (-3.2% expected, 2.1% in Q2); Unit Labor Costs, Q3 preliminary (6.9% expected, 1.3% in Q2); Trade balance, September (-$80.1 billion expected, -$73.3 billion in August)\nFriday: Change in non-farm payrolls, October (450,000 expected, 194,000 in September); Unemployment rate, October (4.7% expected, 4.8% in September); Average hourly earnings, month-over-month, October (4.7% expected, 4.8% in September); Average hourly earnings, year-over-year, October (4.9% expected, 4.6% in September); Labor Force Participation Rate, October (61.8% expected, 61.6% in September); Consumer Credit, September ($16.200 billion expected, $14.379 million in August)\n\nEarnings calendar\n\nMonday: Clorox (CLX), Avis Budget Group (CAR), ZoomInfo Technologies (ZI), Chegg Inc. (CHGG), Diamondback Energy (FANG), The Simon Property Group (SPG) after market close\nTuesday: Under Armour (UAA), Estee Lauder (EL), Ralph Lauren (RL), Apollo Global Management (APO), Corsair Gaming (CRSR), Bloomin' Brands (BLMN), ConocoPhillips (COP), Pfizer (PFE), Groupon (GPN), Marathon Petroleum (MPC) before market open; Mondelez (MDLZ), T-Mobile (TMUS), Akamai (AKAM), Activision Blizzard (ATVI), Lyft (LYFT), Match Group (MTCH), Devon Energy (DVN), Chesapeake Energy (CHK), Coursera (COUR), Zillow Group (ZG), Amgen (AMGN) after market close\nWednesday: Humana (HUM), Discovery Inc. (DISCA), The New York Times (NYT), Norwegian Cruise Line Holdings (NCLH), Marriott International (MAR), CVS Health Corp. (CVS), Sinclair Broadcast Group (SBGI) before market open; Booking Holdings (BKNG), Qorvo (QRVO), The Allstate Corp. (ALL), MGM Resorts International (MGM), $Take-Two Interactive Software(TTWO)$ (TTWO), Electronic Arts (EA), Vimeo (VMEO), Etsy (ETSY), GoDaddy (GDDY), Marathon Oil Corp. (MRO), Roku (ROKU), Qualcomm (QCOM) after market close\nThursday: Cigna (CI), Wayfair (W), ViacomCBS (VIAC), Nikola (NKLA), Duke Energy (DUK), Citrix Systems (CTXS), Regeneron Pharmaceuticals (REGN), Hanesbrands (HBI), Moderna (MRNA), Planet Fitness (PLNT), Vulcan Material (VMC), Kellogg (K), Square (SQ), Cloudflare (NET), Occidental Petroleum (OXY), Uber Technologies (UBER), American International Group (AIG), Shake Shack (SHAK), iHeartMedia (IHRT), Novavax (NVAX), IAC Interactive Corp. (IAC), Peloton (PTON), Dropbox (DBX), DataDog (DDOG), Pinterest (PINS), Skyworks Solutions (SWKS), Expedia (EXPE), Rocket Cos. (RKT), Live Nation Entertainment (LYV), Airbnb (ABNB)\nFriday: Wynn Resorts (WYNN), Dish Networks (DISH), Dominion Energy (D), DraftKings (DKNG), Goodyear Tire and Rubber (GT), Cinemark Holdings (CNK) before market open","news_type":1},"isVote":1,"tweetType":1,"viewCount":945,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0}],"hots":[{"id":842029045,"gmtCreate":1636121355381,"gmtModify":1636121364787,"author":{"id":"3579171701347900","authorId":"3579171701347900","name":"MERV","avatar":"https://static.tigerbbs.com/f8240474b51adfbbd9ac12a9bbc11ecd","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3579171701347900","idStr":"3579171701347900"},"themes":[],"htmlText":"Like pls thanks","listText":"Like pls thanks","text":"Like pls thanks","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":7,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/842029045","repostId":"1136116425","repostType":4,"repost":{"id":"1136116425","kind":"news","weMediaInfo":{"introduction":"Providing stock market headlines, business news, financials and earnings ","home_visible":1,"media_name":"Tiger Newspress","id":"1079075236","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"pubTimestamp":1636104081,"share":"https://www.laohu8.com/m/news/1136116425?lang=&edition=full","pubTime":"2021-11-05 17:21","market":"us","language":"en","title":"U.S. Daylight Saving Time Ends on Sunday, Nov.7 2021","url":"https://stock-news.laohu8.com/highlight/detail?id=1136116425","media":"Tiger Newspress","summary":"Dear Tigers, U.S. Daylight Saving Time Ends on Sunday, Nov.7 2021,at 2:00 a.m.\nAt that time,the regu","content":"<p>Dear Tigers, U.S. Daylight Saving Time Ends on Sunday, Nov.7 2021,at 2:00 a.m.</p>\n<p>At that time,the regular trading period of the US stock market will move toward by one hour, which will become 22:30 p.m.to 5:00 a.m(Beijing Time/SGT). </p>\n<p><img src=\"https://static.tigerbbs.com/e441a1a98d5230fc31d6f1652e577bde\" tg-width=\"674\" tg-height=\"365\" referrerpolicy=\"no-referrer\"></p>\n<p><b>Trading Hours</b></p>\n<p>U.S. Eastern Time:9:30 ~ 16:00; Beijing time /SGT :22:30 ~ 5:00 the next day</p>\n<p><b>pre-trade</b></p>\n<p>U.S. Eastern Time:4:00 ~ 9:30;Beijing time/SGT :17:00 ~ 22:30</p>\n<p><b>post-trade</b></p>\n<p>U.S. Eastern Time:16:00~20:00;Beijing time/SGT:5:00 ~ 9:00</p>\n<p>(Note: Daylight saving time always begins on the second Sunday in March and ends on the first Sunday in November)</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>U.S. Daylight Saving Time Ends on Sunday, Nov.7 2021</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nU.S. Daylight Saving Time Ends on Sunday, Nov.7 2021\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time\">2021-11-05 17:21</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>Dear Tigers, U.S. Daylight Saving Time Ends on Sunday, Nov.7 2021,at 2:00 a.m.</p>\n<p>At that time,the regular trading period of the US stock market will move toward by one hour, which will become 22:30 p.m.to 5:00 a.m(Beijing Time/SGT). </p>\n<p><img src=\"https://static.tigerbbs.com/e441a1a98d5230fc31d6f1652e577bde\" tg-width=\"674\" tg-height=\"365\" referrerpolicy=\"no-referrer\"></p>\n<p><b>Trading Hours</b></p>\n<p>U.S. Eastern Time:9:30 ~ 16:00; Beijing time /SGT :22:30 ~ 5:00 the next day</p>\n<p><b>pre-trade</b></p>\n<p>U.S. Eastern Time:4:00 ~ 9:30;Beijing time/SGT :17:00 ~ 22:30</p>\n<p><b>post-trade</b></p>\n<p>U.S. Eastern Time:16:00~20:00;Beijing time/SGT:5:00 ~ 9:00</p>\n<p>(Note: Daylight saving time always begins on the second Sunday in March and ends on the first Sunday in November)</p>\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"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1136116425","content_text":"Dear Tigers, U.S. Daylight Saving Time Ends on Sunday, Nov.7 2021,at 2:00 a.m.\nAt that time,the regular trading period of the US stock market will move toward by one hour, which will become 22:30 p.m.to 5:00 a.m(Beijing Time/SGT). \n\nTrading Hours\nU.S. Eastern Time:9:30 ~ 16:00; Beijing time /SGT :22:30 ~ 5:00 the next day\npre-trade\nU.S. Eastern Time:4:00 ~ 9:30;Beijing time/SGT :17:00 ~ 22:30\npost-trade\nU.S. Eastern Time:16:00~20:00;Beijing time/SGT:5:00 ~ 9:00\n(Note: Daylight saving time always begins on the second Sunday in March and ends on the first Sunday in November)","news_type":1},"isVote":1,"tweetType":1,"viewCount":726,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":841443160,"gmtCreate":1635937932421,"gmtModify":1635937932892,"author":{"id":"3579171701347900","authorId":"3579171701347900","name":"MERV","avatar":"https://static.tigerbbs.com/f8240474b51adfbbd9ac12a9bbc11ecd","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3579171701347900","idStr":"3579171701347900"},"themes":[],"htmlText":"Like and comment thanks","listText":"Like and comment thanks","text":"Like and comment thanks","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":2,"repostSize":0,"link":"https://laohu8.com/post/841443160","repostId":"1127735959","repostType":4,"repost":{"id":"1127735959","kind":"news","weMediaInfo":{"introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"media_name":"Reuters","id":"1036604489","head_image":"https://static.tigerbbs.com/443ce19704621c837795676028cec868"},"pubTimestamp":1635916273,"share":"https://www.laohu8.com/m/news/1127735959?lang=&edition=full","pubTime":"2021-11-03 13:11","market":"us","language":"en","title":"2014 vs 2021: How a Fed taper can move asset prices","url":"https://stock-news.laohu8.com/highlight/detail?id=1127735959","media":"Reuters","summary":"Nov 3 (Reuters) - The Federal Reserve's taper in 2014 was preceded by sharp gyrations in Treasury ma","content":"<p>Nov 3 (Reuters) - The Federal Reserve's taper in 2014 was preceded by sharp gyrations in Treasury markets and helped lay the foundations for a massive rally in the U.S. dollar.</p>\n<p>With the Fed widely expected to soon begin an unwind of its $120 billion in government bond buying, here’s a comparison between the market backdrop around the time of the Fed’s most recent unwind and today.</p>\n<p><b>TAPER TIME</b></p>\n<p>The Fed’s taper of the $85 billion a month bond buying program, which it began in response to the 2007-2009 financial crisis and recession, ran from January 2014 until October of that year.</p>\n<p>Since then the central bank’s balance sheet has ballooned to $8.6 trillion as policymakers slashed rates to near zero and rolled out a raft of measures, including monthly government backed bond purchases, as they fought to support the economy in the wake of the COVID-19 outbreak last year.</p>\n<p>The central bank concludes its November monetary policy meeting on Wednesday.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/21e2b4ac0b887965627cae9b55f9f955\" tg-width=\"600\" tg-height=\"376\" referrerpolicy=\"no-referrer\"><span>The Fed's balance sheet</span></p>\n<p><b>THE DOLLAR</b></p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/d7375bda922b3350d90b7af2146d0f99\" tg-width=\"750\" tg-height=\"490\" referrerpolicy=\"no-referrer\"><span>Yield spread and the U.S. dollar</span></p>\n<p>While U.S. monetary policy was far from hawkish in 2014, it stood in contrast to the ultra-dovish trajectories of central banks in Europe, Japan and other countries, who were still fully supporting their economies with stimulus while the Fed was curtailing its bond buying.</p>\n<p>A widening between the yields on U.S. Treasuries and government bonds in other countries helped spark a rally in the dollar, which rose nearly 13% against a basket of major currencies in 2014.(.DXY)</p>\n<p>The global monetary policy picture is different this time around, with some investors betting that central banks in the U.K., Canada and other economies are likely to soon raise interest rates to combat a global surge in inflation.read more</p>\n<p>Signs that the Fed is more concerned about inflation than it has previously indicated, however, could buoy U.S. rates and potentially support the greenback, analysts said.</p>\n<p><b>BOND YIELDS</b></p>\n<p>Bond yields rocketed higher in 2013, after then-Fed chief Ben Bernanke alluded to the policymaker's thinking on plans for pulling back its monetary support in an appearance before lawmakers.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/3fb39cbc3a2274234cf2228f0f3d2c8a\" tg-width=\"960\" tg-height=\"720\" referrerpolicy=\"no-referrer\"><span>U.S. 10-year yield</span></p>\n<p>This time around, Fed Chair Jerome Powell has tried to prepare markets for the start of a taper well in advance.</p>\n<p>Still, U.S. bond markets have experienced gyrations in recent weeks as some investors bet the central bank will need to be more hawkish than expected to combat inflation.read more</p>\n<p>Meanwhile, rising yields on expectations of tighter monetary policy and rebounding growth have put the U.S. bond market on track for its worst year since 2013. Yields move inversely to prices.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/2b5ab6e382decd792f362cf2ffa4e2ef\" tg-width=\"1320\" tg-height=\"800\" referrerpolicy=\"no-referrer\"><span>Reuters Graphics</span></p>\n<p><b>STOCKS</b></p>\n<p>The S&P 500(.SPX)stood near record highs as the Fed kicked off its taper in 2014 and continued to fresh peaks after the unwind began.</p>\n<p>Though stocks are at records today as well, valuations have ballooned over the years, leading some investors to worry that some areas of the market--including the big growth and technology stocks that make up a large chunk of the S&P 500--may be more vulnerable to higher yields and a more hawkish monetary policy stance.read more</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/475d631ecb09b16e14bcc1ad22735f20\" tg-width=\"960\" tg-height=\"720\" width=\"100%\" height=\"auto\"><span>U.S. stock valuations</span></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>2014 vs 2021: How a Fed taper can move asset prices</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\">\n2014 vs 2021: How a Fed taper can move asset prices\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1036604489\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/443ce19704621c837795676028cec868);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Reuters </p>\n<p class=\"h-time\">2021-11-03 13:11</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>Nov 3 (Reuters) - The Federal Reserve's taper in 2014 was preceded by sharp gyrations in Treasury markets and helped lay the foundations for a massive rally in the U.S. dollar.</p>\n<p>With the Fed widely expected to soon begin an unwind of its $120 billion in government bond buying, here’s a comparison between the market backdrop around the time of the Fed’s most recent unwind and today.</p>\n<p><b>TAPER TIME</b></p>\n<p>The Fed’s taper of the $85 billion a month bond buying program, which it began in response to the 2007-2009 financial crisis and recession, ran from January 2014 until October of that year.</p>\n<p>Since then the central bank’s balance sheet has ballooned to $8.6 trillion as policymakers slashed rates to near zero and rolled out a raft of measures, including monthly government backed bond purchases, as they fought to support the economy in the wake of the COVID-19 outbreak last year.</p>\n<p>The central bank concludes its November monetary policy meeting on Wednesday.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/21e2b4ac0b887965627cae9b55f9f955\" tg-width=\"600\" tg-height=\"376\" referrerpolicy=\"no-referrer\"><span>The Fed's balance sheet</span></p>\n<p><b>THE DOLLAR</b></p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/d7375bda922b3350d90b7af2146d0f99\" tg-width=\"750\" tg-height=\"490\" referrerpolicy=\"no-referrer\"><span>Yield spread and the U.S. dollar</span></p>\n<p>While U.S. monetary policy was far from hawkish in 2014, it stood in contrast to the ultra-dovish trajectories of central banks in Europe, Japan and other countries, who were still fully supporting their economies with stimulus while the Fed was curtailing its bond buying.</p>\n<p>A widening between the yields on U.S. Treasuries and government bonds in other countries helped spark a rally in the dollar, which rose nearly 13% against a basket of major currencies in 2014.(.DXY)</p>\n<p>The global monetary policy picture is different this time around, with some investors betting that central banks in the U.K., Canada and other economies are likely to soon raise interest rates to combat a global surge in inflation.read more</p>\n<p>Signs that the Fed is more concerned about inflation than it has previously indicated, however, could buoy U.S. rates and potentially support the greenback, analysts said.</p>\n<p><b>BOND YIELDS</b></p>\n<p>Bond yields rocketed higher in 2013, after then-Fed chief Ben Bernanke alluded to the policymaker's thinking on plans for pulling back its monetary support in an appearance before lawmakers.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/3fb39cbc3a2274234cf2228f0f3d2c8a\" tg-width=\"960\" tg-height=\"720\" referrerpolicy=\"no-referrer\"><span>U.S. 10-year yield</span></p>\n<p>This time around, Fed Chair Jerome Powell has tried to prepare markets for the start of a taper well in advance.</p>\n<p>Still, U.S. bond markets have experienced gyrations in recent weeks as some investors bet the central bank will need to be more hawkish than expected to combat inflation.read more</p>\n<p>Meanwhile, rising yields on expectations of tighter monetary policy and rebounding growth have put the U.S. bond market on track for its worst year since 2013. Yields move inversely to prices.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/2b5ab6e382decd792f362cf2ffa4e2ef\" tg-width=\"1320\" tg-height=\"800\" referrerpolicy=\"no-referrer\"><span>Reuters Graphics</span></p>\n<p><b>STOCKS</b></p>\n<p>The S&P 500(.SPX)stood near record highs as the Fed kicked off its taper in 2014 and continued to fresh peaks after the unwind began.</p>\n<p>Though stocks are at records today as well, valuations have ballooned over the years, leading some investors to worry that some areas of the market--including the big growth and technology stocks that make up a large chunk of the S&P 500--may be more vulnerable to higher yields and a more hawkish monetary policy stance.read more</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/475d631ecb09b16e14bcc1ad22735f20\" tg-width=\"960\" tg-height=\"720\" width=\"100%\" height=\"auto\"><span>U.S. stock valuations</span></p>\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"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1127735959","content_text":"Nov 3 (Reuters) - The Federal Reserve's taper in 2014 was preceded by sharp gyrations in Treasury markets and helped lay the foundations for a massive rally in the U.S. dollar.\nWith the Fed widely expected to soon begin an unwind of its $120 billion in government bond buying, here’s a comparison between the market backdrop around the time of the Fed’s most recent unwind and today.\nTAPER TIME\nThe Fed’s taper of the $85 billion a month bond buying program, which it began in response to the 2007-2009 financial crisis and recession, ran from January 2014 until October of that year.\nSince then the central bank’s balance sheet has ballooned to $8.6 trillion as policymakers slashed rates to near zero and rolled out a raft of measures, including monthly government backed bond purchases, as they fought to support the economy in the wake of the COVID-19 outbreak last year.\nThe central bank concludes its November monetary policy meeting on Wednesday.\nThe Fed's balance sheet\nTHE DOLLAR\nYield spread and the U.S. dollar\nWhile U.S. monetary policy was far from hawkish in 2014, it stood in contrast to the ultra-dovish trajectories of central banks in Europe, Japan and other countries, who were still fully supporting their economies with stimulus while the Fed was curtailing its bond buying.\nA widening between the yields on U.S. Treasuries and government bonds in other countries helped spark a rally in the dollar, which rose nearly 13% against a basket of major currencies in 2014.(.DXY)\nThe global monetary policy picture is different this time around, with some investors betting that central banks in the U.K., Canada and other economies are likely to soon raise interest rates to combat a global surge in inflation.read more\nSigns that the Fed is more concerned about inflation than it has previously indicated, however, could buoy U.S. rates and potentially support the greenback, analysts said.\nBOND YIELDS\nBond yields rocketed higher in 2013, after then-Fed chief Ben Bernanke alluded to the policymaker's thinking on plans for pulling back its monetary support in an appearance before lawmakers.\nU.S. 10-year yield\nThis time around, Fed Chair Jerome Powell has tried to prepare markets for the start of a taper well in advance.\nStill, U.S. bond markets have experienced gyrations in recent weeks as some investors bet the central bank will need to be more hawkish than expected to combat inflation.read more\nMeanwhile, rising yields on expectations of tighter monetary policy and rebounding growth have put the U.S. bond market on track for its worst year since 2013. Yields move inversely to prices.\nReuters Graphics\nSTOCKS\nThe S&P 500(.SPX)stood near record highs as the Fed kicked off its taper in 2014 and continued to fresh peaks after the unwind began.\nThough stocks are at records today as well, valuations have ballooned over the years, leading some investors to worry that some areas of the market--including the big growth and technology stocks that make up a large chunk of the S&P 500--may be more vulnerable to higher yields and a more hawkish monetary policy stance.read more\nU.S. stock valuations","news_type":1},"isVote":1,"tweetType":1,"viewCount":891,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":848462983,"gmtCreate":1636020869452,"gmtModify":1636020869896,"author":{"id":"3579171701347900","authorId":"3579171701347900","name":"MERV","avatar":"https://static.tigerbbs.com/f8240474b51adfbbd9ac12a9bbc11ecd","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3579171701347900","idStr":"3579171701347900"},"themes":[],"htmlText":"Like please thanks","listText":"Like please thanks","text":"Like please thanks","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/848462983","repostId":"1189037300","repostType":4,"isVote":1,"tweetType":1,"viewCount":760,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":844002112,"gmtCreate":1636374461574,"gmtModify":1636374461983,"author":{"id":"3579171701347900","authorId":"3579171701347900","name":"MERV","avatar":"https://static.tigerbbs.com/f8240474b51adfbbd9ac12a9bbc11ecd","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3579171701347900","idStr":"3579171701347900"},"themes":[],"htmlText":"Like pls","listText":"Like pls","text":"Like pls","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/844002112","repostId":"1163389936","repostType":4,"isVote":1,"tweetType":1,"viewCount":746,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":878948056,"gmtCreate":1637142480976,"gmtModify":1637142483853,"author":{"id":"3579171701347900","authorId":"3579171701347900","name":"MERV","avatar":"https://static.tigerbbs.com/f8240474b51adfbbd9ac12a9bbc11ecd","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3579171701347900","idStr":"3579171701347900"},"themes":[],"htmlText":"Like pls ty","listText":"Like pls ty","text":"Like pls ty","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/878948056","repostId":"1121662992","repostType":4,"repost":{"id":"1121662992","kind":"news","pubTimestamp":1637141997,"share":"https://www.laohu8.com/m/news/1121662992?lang=&edition=full","pubTime":"2021-11-17 17:39","market":"us","language":"en","title":"Better Buy: Square vs. Afterpay","url":"https://stock-news.laohu8.com/highlight/detail?id=1121662992","media":"Motley Fool","summary":"Square is acquiring Afterpay. Is that a great deal, or was it a mistake?","content":"<p><b>Square</b>(NYSE:SQ), the company that brought <b>Bitcoin</b> to the masses and is revolutionizing the whole banking sector, surprised a lot of Fools when it made a deal to buy <b>Afterpay</b>(OTC:AFTP.F), the Australian creator of the \"buy now, pay later\" (BNPL) space that has taken the world by storm. Afterpay has upended the whole notion of credit by making it free (if you pay on time).</p>\n<p>Some Fools were unhappy that Square bought the unprofitable-but-fast-growing Australian superstar, arguing that CEO Jack Dorsey paid too much. Nonetheless, Dorsey has been right over and over again in the fintech space, so the criticisms of this merger weren't too loud. Still, some people might wish the union would fall apart. If it did, which company would you rather own?</p>\n<p>Fool contributor Anders Bylund says Square would be his choice, while Fool writer Taylor Carmichael opts for Afterpay. And here's why we think this way.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/59fdacdf33b923f349ae38588b04f176\" tg-width=\"2000\" tg-height=\"1333\" width=\"100%\" height=\"auto\"><span>IMAGE SOURCE: GETTY IMAGES.</span></p>\n<p><b>Square is obviously the safer way into this future merger</b></p>\n<p><b>Anders Bylund(Square shares, please):</b>I'll concede that the Afterpay merger looks extremely likely to succeed. Every merger faces some challenges, but the arguments against this transaction have been muttered, not shouted. The regulatory approvals are continuing apace, and Square's shareholders approved the buyout with an overwhelming 99.8% of shareholder votes being cast in favor of the deal. The hurdles in front of the final approval are falling one by one, and the last John Hancock should be in place early next year.</p>\n<p>And there isn't much room for arbitrage here, either. Afterpay shares currently trade at 36.9% of Square's stock price, which is just a hair below the proposed stock-swap offer of 0.375 Square stubs for each Afterpay share. This ratio has been stable since Day One:</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/eadb1031cd47e47b7b1758c53da2edd1\" tg-width=\"720\" tg-height=\"480\" width=\"100%\" height=\"auto\"><span>SQ DATA BY YCHARTS</span></p>\n<p>Still, nothing is absolutely guaranteed until the ink is dry on the final paperwork. This is especially true for mergers going across national borders. For example, American semiconductor giant <b>Qualcomm</b>(NASDAQ:QCOM) was just one step or two away from completing its proposed $44 billion buyout of <b>NXP Semiconductors</b>(NASDAQ:NXPI) in 2018, until geopolitical concernsstopped that deal in its tracks. If this could happen to Qualcomm and NXP, it could happen to Square and Afterpay as well.</p>\n<p>On that note, there's a small chance that it actually matters whether you're buying Afterpay or Square shares today. If the deal falls apart for some reason, the American financial technology company looks like the safer stock to hold for the long haul. Both companies are growing their revenues at similar speeds, but Square is also an effective cash machine while Afterpay consistently reports negative earnings before interest, taxes, depreciation, and amortization (EBITDA) -- and the cash is only burning faster over time:</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/edf20f5aa51051163c88a319a0fc117b\" tg-width=\"720\" tg-height=\"449\" width=\"100%\" height=\"auto\"><span>AFTPF EBITDA (TTM) DATA BY YCHARTS. TTM = TRAILING-12-MONTHS.</span></p>\n<p>So this discussion is largely academic, but Square offers the better entry into the proposed merger just in case something goes wrong at the last minute.</p>\n<p><b>Square is marrying up</b></p>\n<p><b>Taylor Carmichael(Afterpay):</b>I'm extremely bullish on Square, and I think Jack Dorsey is a genius. So it's pretty much impossible for me to be negative on Square. On the other hand, I'm probably the biggest fan of Afterpay at the Motley Fool. So let me speak on why Square was so willing to pay up for Afterpay, and why you want to own that Australian powerhouse if these two companies end up in divorce court (heaven forbid!)</p>\n<p>Afterpay is top dog and first mover in the BNPL space. If you don't know what that is, it'sinterest-free credit. Retailers happily pay for Afterpay's service, because it makes their revenues spike way higher.<b>Affirm</b>(NASDAQ:AFRM) and <b>PayPal</b>(NASDAQ:PYPL) are both copycats in this space. And Afterpay is still way ahead. For instance, on PayPal's recent earnings report, the company reported that it had processed $5.4 billion in total product volume (TPV) since the launch of the service a year ago. Afterpay dwarfs that number, reporting $22.4 billion in underlying sales.</p>\n<p>Of course, competing with PayPal is a bit scary, as the American juggernaut has a massive network in place. Nonetheless, Afterpay invented the BNPL space, and it's Afterpay that is revolutionizing consumer debt around the world. Ultimately, credit cards are doomed, at least in retail. And it's Afterpay that is killing that sector.</p>\n<p>One of the ways Afterpay is winning is by providing its service in brick-and-mortar retailers. Indeed, that's why the Australian company is such a good match for Square, since both companies are going after real-world market opportunities, not just internet commerce. So while PayPal and Affirm are seeing some internet tailwinds because of the lockdown, Afterpay absolutely crushed expectations in spite of the lockdown.</p>\n<p>The other thing that's amazing about Afterpay is that it sees itself as a consumer brand first and foremost. So, for instance, Sept. 9-12 is designated \"Afterpay Day,\" when the company offers killer deals to all its subscribers across its whole universe of retailers.</p>\n<p>All this success makes Afterpay a stronger stock. Don't believe me? Check out the stock charts. Let's compare Afterpay stock with the two titans of fintech, PayPal and Square.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/ffadef41cf18514f905fe65e0e26d42f\" tg-width=\"720\" tg-height=\"466\" width=\"100%\" height=\"auto\"><span>AFTPF DATA BY YCHARTS</span></p>\n<p>It's not even close. And mind you, we're looking at the American Depository Receipts (ADR), trading here since 2018. Afterpay was an insane stock in the Australian markets for a full year before its ADR showed up.</p>\n<p>If you have two amazing companies that are taking over the world, as an investor you usually want to be in the smaller one. As dynamic and wonderful as Square has been, Afterpay has been a significantly stronger stock for shareholders over the last several years.</p>\n<p>It's a happy union for sure. Nonetheless, if you dig into the numbers, you can see why Square paid so much for Afterpay.</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>Better Buy: Square vs. Afterpay</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\">\nBetter Buy: Square vs. Afterpay\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-11-17 17:39 GMT+8 <a href=https://www.fool.com/investing/2021/11/16/better-buy-square-vs-afterpay/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Square(NYSE:SQ), the company that brought Bitcoin to the masses and is revolutionizing the whole banking sector, surprised a lot of Fools when it made a deal to buy Afterpay(OTC:AFTP.F), the ...</p>\n\n<a href=\"https://www.fool.com/investing/2021/11/16/better-buy-square-vs-afterpay/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"SQ":"Block"},"source_url":"https://www.fool.com/investing/2021/11/16/better-buy-square-vs-afterpay/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1121662992","content_text":"Square(NYSE:SQ), the company that brought Bitcoin to the masses and is revolutionizing the whole banking sector, surprised a lot of Fools when it made a deal to buy Afterpay(OTC:AFTP.F), the Australian creator of the \"buy now, pay later\" (BNPL) space that has taken the world by storm. Afterpay has upended the whole notion of credit by making it free (if you pay on time).\nSome Fools were unhappy that Square bought the unprofitable-but-fast-growing Australian superstar, arguing that CEO Jack Dorsey paid too much. Nonetheless, Dorsey has been right over and over again in the fintech space, so the criticisms of this merger weren't too loud. Still, some people might wish the union would fall apart. If it did, which company would you rather own?\nFool contributor Anders Bylund says Square would be his choice, while Fool writer Taylor Carmichael opts for Afterpay. And here's why we think this way.\nIMAGE SOURCE: GETTY IMAGES.\nSquare is obviously the safer way into this future merger\nAnders Bylund(Square shares, please):I'll concede that the Afterpay merger looks extremely likely to succeed. Every merger faces some challenges, but the arguments against this transaction have been muttered, not shouted. The regulatory approvals are continuing apace, and Square's shareholders approved the buyout with an overwhelming 99.8% of shareholder votes being cast in favor of the deal. The hurdles in front of the final approval are falling one by one, and the last John Hancock should be in place early next year.\nAnd there isn't much room for arbitrage here, either. Afterpay shares currently trade at 36.9% of Square's stock price, which is just a hair below the proposed stock-swap offer of 0.375 Square stubs for each Afterpay share. This ratio has been stable since Day One:\nSQ DATA BY YCHARTS\nStill, nothing is absolutely guaranteed until the ink is dry on the final paperwork. This is especially true for mergers going across national borders. For example, American semiconductor giant Qualcomm(NASDAQ:QCOM) was just one step or two away from completing its proposed $44 billion buyout of NXP Semiconductors(NASDAQ:NXPI) in 2018, until geopolitical concernsstopped that deal in its tracks. If this could happen to Qualcomm and NXP, it could happen to Square and Afterpay as well.\nOn that note, there's a small chance that it actually matters whether you're buying Afterpay or Square shares today. If the deal falls apart for some reason, the American financial technology company looks like the safer stock to hold for the long haul. Both companies are growing their revenues at similar speeds, but Square is also an effective cash machine while Afterpay consistently reports negative earnings before interest, taxes, depreciation, and amortization (EBITDA) -- and the cash is only burning faster over time:\nAFTPF EBITDA (TTM) DATA BY YCHARTS. TTM = TRAILING-12-MONTHS.\nSo this discussion is largely academic, but Square offers the better entry into the proposed merger just in case something goes wrong at the last minute.\nSquare is marrying up\nTaylor Carmichael(Afterpay):I'm extremely bullish on Square, and I think Jack Dorsey is a genius. So it's pretty much impossible for me to be negative on Square. On the other hand, I'm probably the biggest fan of Afterpay at the Motley Fool. So let me speak on why Square was so willing to pay up for Afterpay, and why you want to own that Australian powerhouse if these two companies end up in divorce court (heaven forbid!)\nAfterpay is top dog and first mover in the BNPL space. If you don't know what that is, it'sinterest-free credit. Retailers happily pay for Afterpay's service, because it makes their revenues spike way higher.Affirm(NASDAQ:AFRM) and PayPal(NASDAQ:PYPL) are both copycats in this space. And Afterpay is still way ahead. For instance, on PayPal's recent earnings report, the company reported that it had processed $5.4 billion in total product volume (TPV) since the launch of the service a year ago. Afterpay dwarfs that number, reporting $22.4 billion in underlying sales.\nOf course, competing with PayPal is a bit scary, as the American juggernaut has a massive network in place. Nonetheless, Afterpay invented the BNPL space, and it's Afterpay that is revolutionizing consumer debt around the world. Ultimately, credit cards are doomed, at least in retail. And it's Afterpay that is killing that sector.\nOne of the ways Afterpay is winning is by providing its service in brick-and-mortar retailers. Indeed, that's why the Australian company is such a good match for Square, since both companies are going after real-world market opportunities, not just internet commerce. So while PayPal and Affirm are seeing some internet tailwinds because of the lockdown, Afterpay absolutely crushed expectations in spite of the lockdown.\nThe other thing that's amazing about Afterpay is that it sees itself as a consumer brand first and foremost. So, for instance, Sept. 9-12 is designated \"Afterpay Day,\" when the company offers killer deals to all its subscribers across its whole universe of retailers.\nAll this success makes Afterpay a stronger stock. Don't believe me? Check out the stock charts. Let's compare Afterpay stock with the two titans of fintech, PayPal and Square.\nAFTPF DATA BY YCHARTS\nIt's not even close. And mind you, we're looking at the American Depository Receipts (ADR), trading here since 2018. Afterpay was an insane stock in the Australian markets for a full year before its ADR showed up.\nIf you have two amazing companies that are taking over the world, as an investor you usually want to be in the smaller one. As dynamic and wonderful as Square has been, Afterpay has been a significantly stronger stock for shareholders over the last several years.\nIt's a happy union for sure. Nonetheless, if you dig into the numbers, you can see why Square paid so much for Afterpay.","news_type":1},"isVote":1,"tweetType":1,"viewCount":1027,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":842029276,"gmtCreate":1636121392830,"gmtModify":1636121399445,"author":{"id":"3579171701347900","authorId":"3579171701347900","name":"MERV","avatar":"https://static.tigerbbs.com/f8240474b51adfbbd9ac12a9bbc11ecd","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3579171701347900","idStr":"3579171701347900"},"themes":[],"htmlText":"Like pls","listText":"Like pls","text":"Like pls","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/842029276","repostId":"1156284404","repostType":4,"isVote":1,"tweetType":1,"viewCount":630,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":849425149,"gmtCreate":1635774590297,"gmtModify":1635774590510,"author":{"id":"3579171701347900","authorId":"3579171701347900","name":"MERV","avatar":"https://static.tigerbbs.com/f8240474b51adfbbd9ac12a9bbc11ecd","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3579171701347900","idStr":"3579171701347900"},"themes":[],"htmlText":"Like pls thanks","listText":"Like pls thanks","text":"Like pls thanks","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/849425149","repostId":"2179250221","repostType":4,"repost":{"id":"2179250221","kind":"news","pubTimestamp":1635721559,"share":"https://www.laohu8.com/m/news/2179250221?lang=&edition=full","pubTime":"2021-11-01 07:05","market":"us","language":"en","title":"Federal Reserve decision, October jobs report: What to know this week","url":"https://stock-news.laohu8.com/highlight/detail?id=2179250221","media":"Yahoo Finance","summary":"The Federal Reserve's forthcoming monetary policy meeting will be in focus this week, and may set th","content":"<p><img src=\"https://static.tigerbbs.com/790c3fdfdc38fa2b5b3a13d89fb1959a\" tg-width=\"1878\" tg-height=\"2940\" width=\"100%\" height=\"auto\"></p>\n<p>The Federal Reserve's forthcoming monetary policy meeting will be in focus this week, and may set the stage for a long-awaited announcement of asset-purchase tapering. Meanwhile, traders will also await more data on the U.S. economic recovery with the Labor Department's monthly jobs report later this week.</p>\n<p>The Federal Open Market Committee's (FOMC) November meeting will take place from Tuesday to Wednesday, with the policy statement and press conference from the meeting serving as the central bank's penultimate opportunity this year to announce formal plans to begin rolling back its crisis-era quantitative easing program. For the past year-and-a-half, the central bank has been purchasing $120 billion per month in agency mortgage-backed securities and Treasuries, as <a href=\"https://laohu8.com/S/AONE.U\">one</a> major tool to support the economy during the pandemic.</p>\n<p>In late September, the FOMC's latest monetary policy statement and press conference from Federal Reserve Chair Jerome <a href=\"https://laohu8.com/S/POWL\">Powell</a> suggested the central bank was apt to announce the start of tapering before year-end, and continue the tapering process until \"around the middle of next year.\"</p>\n<p>\"The upcoming FOMC meeting will be important for three reasons: 1) the announcement of tapering; 2) guidance around what tapering means for the path of hikes; and 3) nuanced changes in views around inflation risks given recent data,\" wrote <a href=\"https://laohu8.com/S/BAC\">Bank of America</a> economist Michelle Meyer in a note.</p>\n<p>\"The statement that announces the new pace of asset purchases will be followed by a note regarding flexibility stating that asset purchases are not on a pre-set course and will depend on the outlook for the labor market and inflation as well as an assessment of the efficacy of asset purchases,\" she predicted.</p>\n<p>She noted that Powell may also use the press conference to reiterate that the end of tapering would not necessarily indicate the start of rate hikes, and that both policy actions are distinct. In previous public remarks, Powell has already made a similar point in previous public remarks, saying, \"the timing and pace of the coming reduction in asset purchases will not be intended to carry a direct signal regarding the timing of interest rate liftoff.\"</p>\n<p>Given the market has been anticipating the start to tapering for months now, speculation around when the Fed will make a move on interest rates has become a point of particular interest to investors. <a href=\"https://laohu8.com/S/ISBC\">Investors</a> and economists have mulled whether the Fed may need to act more quickly than previously telegraphed on adjusting interest rates to stave off inflation, which has proven more long-lasting than some had suggested.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/f0f0ae63a784eef5578397df02340483\" tg-width=\"4932\" tg-height=\"3288\" referrerpolicy=\"no-referrer\"><span>WASHINGTON, DC - SEPTEMBER 24: Federal Reserve Board Chairman Jerome Powell testifies during a Senate Banking Committee hearing on Capitol Hill on September 24, 2020 in Washington, DC. Powell and U.S. Treasury Secretary Steve Mnuchin are testifying about the CARES Act and the economic effects of the coronavirus pandemic. (Photo by Drew Angerer/Getty Images)Drew Angerer via Getty Images</span></p>\n<p>In September, core personal consumption expenditures — the Fed's preferred gauge of underlying inflation — rose 3.6% over last year for a fourth consecutive month, coming in at the fastest clip since 1991. And earlier this month, Powell acknowledged in public remarks that the supply chain constraints and shortages that spurred the latest rise in prices are \"likely to last longer than previously expected, likely well into next year.\"</p>\n<p>While the central bank will not release an updated Summary of Economic Projections with their policy statement on Wednesday, the latest projections from the September meeting suggested the committee was split on rate hikes for 2022, with nine members seeing no rate hikes by the end of next year while the other nine members saw at least <a href=\"https://laohu8.com/S/AONE.U\">one</a> hike.</p>\n<p>\"I think the Fed has pretty well determined to start the taper pretty quickly. We expect them to announce it next week and then start it soon thereafter, so that's pretty well carved in stone,\" Kathy Jones, <a href=\"https://laohu8.com/S/SCHW\">Charles Schwab</a> chief fixed income strategist, told Yahoo Finance Live last week. \"I think the big debate now is how quickly the Fed moves toward actually raising rates. The expectation in the market has really shifted to expecting as many as two rate hikes in 2022 and 2023 ... that’s a pretty aggressive pace of tightening.\"</p>\n<h2>October jobs report</h2>\n<p>One of this week's most closely watched pieces of economic data will be the October jobs report, which is due for release on Friday from the Labor Department.</p>\n<p>Economists are looking to see a pick-up in the pace of hiring for October after a disappointing print in September, when just 194,000 non-farm payrolls returned versus the half million expected. Over the past two months, payroll gains averaged at just 280,000. The unemployment rate is expected to take another small step toward pre-pandemic levels in October as well, with the jobless rate anticipated to dip to 4.7% from 4.8% the prior month.</p>\n<p>Still, the labor market has still fallen short its pre-pandemic conditions on a number of fronts. The unemployment rate has yet to return to its 50-year low of 3.5% from February 2020. And as of September, the civilian labor force was still down by about 3.1 million individuals from pre-virus levels.</p>\n<p>One factor weighing on the labor market in August and September was the Delta variant, which may have deterred some workers from seeking employment in person for risk of infection. And an ongoing element dragging on the labor market's recovery has been a mismatch of supply and demand, with employers struggling to fill a near-record number of job openings while voluntary quits jumped to a historically high level.</p>\n<p>\"Next week’s October payrolls report will shed light on whether supply eased on diminishing constraints or if the labor market continues to face headwinds for now,\" wrote Rubeela Farooqi, chief U.S. economist for High Frequency Economics, in a note last week.</p>\n<p>But some data from the past couple weeks has reflected favorably on conditions in the labor market in October. Weekly new unemployment claims broke below 300,000 for the first time since the start of the pandemic during the survey week for the October jobs report, or the week that includes the 12th of the month. And in the Conference Board's October Consumer Confidence Index, just 10.6% of consumers said jobs were \"hard to get,\" down from 13.0% in September. That brought the Conference Board's closely watched labor market differential, or percentage of consumers saying jobs are \"hard to get\" subtracted from the percentage saying jobs \"are plentiful,\" to 45, or its highest level since 2000.</p>\n<h2>Economic calendar</h2>\n<ul>\n <li><p><b>Monday: </b><a href=\"https://laohu8.com/S/MRKT\">Markit</a> U.S. Manufacturing PMI, Oct. final (59.3 expected, 59.2 in September); Constructing spending, month-over-month, September (0.4% expected, 0.0% in August); ISM Manufacturing Index, Oct. (60.5 expected, 61.1 in September)</p></li>\n <li><p><b>Tuesday: </b><i>No notable reports scheduled for release</i></p></li>\n <li><p><b>Wednesday: </b>MBA Mortgage Applications, week ended Oct. 29 (0.3% during prior week); ADP Employment Change, Oct. (400,000 expected, 568,000 in September); ISM Services Index, October (62.0 expected, 61.9 in September); Factory Orders, September (-0.1% expected, 1.2% in August); Durable goods orders, September final (-0.4% in prior print; Durable goods orders excluding transportation, September final (0.4% in prior print); Non-defense capital goods orders excluding aircraft, September final (0.8% in prior print); Markit U.S. Services PMI, October final (58.2 expected, 58.2 in prior print); Markit U.S. Composite PMI, October final (57.3 in prior print); Federal Open Market Committee monetary policy decision</p></li>\n <li><p><b>Thursday: </b>Challenger job cuts, year-over-year, October (-84.9% in September); Initial jobless claims, week ended Oct. 30 (275,000 expected, 281,000 during prior week); Continuing claims, week ended Oct. 23 (2.147 million expected, 2.243 million during prior week); Non-farm productivity, Q3 preliminary (-3.2% expected, 2.1% in <a href=\"https://laohu8.com/S/QTWO\">Q2</a>); <a href=\"https://laohu8.com/S/UNT\">Unit</a> Labor Costs, Q3 preliminary (6.9% expected, 1.3% in Q2); Trade balance, September (-$80.1 billion expected, -$73.3 billion in August)</p></li>\n <li><p><b>Friday: </b>Change in non-farm payrolls, October (450,000 expected, 194,000 in September); Unemployment rate, October (4.7% expected, 4.8% in September); Average hourly earnings, month-over-month, October (4.7% expected, 4.8% in September); Average hourly earnings, year-over-year, October (4.9% expected, 4.6% in September); Labor Force Participation Rate, October (61.8% expected, 61.6% in September); Consumer Credit, September ($16.200 billion expected, $14.379 million in August)</p></li>\n</ul>\n<h2>Earnings calendar</h2>\n<ul>\n <li><p><b>Monday: </b><a href=\"https://laohu8.com/S/CLX\">Clorox</a> (CLX), <a href=\"https://laohu8.com/S/CAR\">Avis Budget</a> Group (<a href=\"https://laohu8.com/S/00699\">CAR</a>), ZoomInfo Technologies (ZI), <a href=\"https://laohu8.com/S/CHGG\">Chegg Inc</a>. (CHGG), <a href=\"https://laohu8.com/S/FANG\">Diamondback Energy</a> (FANG), The <a href=\"https://laohu8.com/S/SPG\">Simon Property</a> Group (SPG) after market close</p></li>\n <li><p><b>Tuesday: </b><a href=\"https://laohu8.com/S/UA.C\">Under Armour</a> (UAA), <a href=\"https://laohu8.com/S/EL\">Estee Lauder</a> (EL), <a href=\"https://laohu8.com/S/RL\">Ralph Lauren</a> (RL), Apollo Global Management (APO), Corsair Gaming (CRSR), <a href=\"https://laohu8.com/S/BLMN\">Bloomin' Brands</a> (BLMN), <a href=\"https://laohu8.com/S/COP\">ConocoPhillips</a> (COP), <a href=\"https://laohu8.com/S/PFE\">Pfizer</a> (PFE), <a href=\"https://laohu8.com/S/GRPN\">Groupon</a> (GPN), <a href=\"https://laohu8.com/S/MPC\">Marathon</a> Petroleum (MPC) before market open; <a href=\"https://laohu8.com/S/MDLZ\">Mondelez</a> (MDLZ), T-Mobile (TMUS), <a href=\"https://laohu8.com/S/AKAM\">Akamai</a> (AKAM), <a href=\"https://laohu8.com/S/ATVI\">Activision Blizzard</a> (ATVI), Lyft (LYFT), <a href=\"https://laohu8.com/S/MTCH\">Match</a> Group (MTCH), <a href=\"https://laohu8.com/S/DVN\">Devon</a> Energy (DVN), <a href=\"https://laohu8.com/S/CHK\">Chesapeake</a> Energy (CHK), Coursera (COUR), <a href=\"https://laohu8.com/S/Z\">Zillow</a> Group (ZG), <a href=\"https://laohu8.com/S/AMGN\">Amgen</a> (AMGN) after market close</p></li>\n <li><p><b>Wednesday: </b><a href=\"https://laohu8.com/S/HUM\">Humana</a> (HUM), <a href=\"https://laohu8.com/S/DISCA\">Discovery</a> Inc. (DISCA), The <a href=\"https://laohu8.com/S/NYT\">New York Times</a> (NYT), <a href=\"https://laohu8.com/S/NCLH\">Norwegian Cruise Line</a> Holdings (NCLH), <a href=\"https://laohu8.com/S/MAR\">Marriott</a> International (MAR), <a href=\"https://laohu8.com/S/CVS\">CVS Health</a> Corp. (CVS), <a href=\"https://laohu8.com/S/SBGI\">Sinclair Broadcast Group</a> (SBGI) before market open; <a href=\"https://laohu8.com/S/BKNG\">Booking Holdings</a> (BKNG), <a href=\"https://laohu8.com/S/QRVO\">Qorvo</a> (QRVO), The <a href=\"https://laohu8.com/S/ALL\">Allstate</a> Corp. (ALL), <a href=\"https://laohu8.com/S/MGM\">MGM Resorts International</a> (MGM), $Take-<a href=\"https://laohu8.com/S/TWOA.U\">Two</a> Interactive Software(TTWO)$ (TTWO), <a href=\"https://laohu8.com/S/EA\">Electronic Arts</a> (EA), Vimeo (VMEO), <a href=\"https://laohu8.com/S/ETSY\">Etsy</a> (ETSY), <a href=\"https://laohu8.com/S/GDDY\">GoDaddy</a> (GDDY), <a href=\"https://laohu8.com/S/MRO\">Marathon</a> Oil Corp. (MRO), Roku (ROKU), <a href=\"https://laohu8.com/S/QCOM\">Qualcomm</a> (QCOM) after market close</p></li>\n <li><p><b>Thursday: </b><a href=\"https://laohu8.com/S/CI\">Cigna</a> (CI), <a href=\"https://laohu8.com/S/W\">Wayfair</a> (W), ViacomCBS (VIAC), Nikola (NKLA), <a href=\"https://laohu8.com/S/DEX.AU\">Duke</a> Energy (DUK), <a href=\"https://laohu8.com/S/CTXS\">Citrix</a> Systems (CTXS), <a href=\"https://laohu8.com/S/REGN\">Regeneron Pharmaceuticals</a> (REGN), <a href=\"https://laohu8.com/S/HBI\">Hanesbrands</a> (HBI), Moderna (MRNA), <a href=\"https://laohu8.com/S/PLNT\">Planet Fitness</a> (PLNT), Vulcan Material (VMC), <a href=\"https://laohu8.com/S/K\">Kellogg</a> (K), <a href=\"https://laohu8.com/S/SQ\">Square</a> (SQ), Cloudflare (NET), <a href=\"https://laohu8.com/S/OXY\">Occidental</a> Petroleum (OXY), <a href=\"https://laohu8.com/S/UBER\">Uber</a> Technologies (UBER), <a href=\"https://laohu8.com/S/AFG\">American</a> International Group (AIG), <a href=\"https://laohu8.com/S/SHAK\">Shake Shack</a> (SHAK), iHeartMedia (IHRT), <a href=\"https://laohu8.com/S/NVAX\">Novavax</a> (NVAX), IAC Interactive Corp. (IAC), Peloton (PTON), Dropbox (DBX), DataDog (DDOG), Pinterest (PINS), <a href=\"https://laohu8.com/S/SWKS\">Skyworks Solutions</a> (SWKS), <a href=\"https://laohu8.com/S/EXPE\">Expedia</a> (EXPE), Rocket Cos. (RKT), <a href=\"https://laohu8.com/S/LYV\">Live Nation Entertainment</a> (LYV), Airbnb (ABNB)</p></li>\n <li><p><b>Friday: </b><a href=\"https://laohu8.com/S/WYNN\">Wynn</a> Resorts (WYNN), Dish Networks (DISH), Dominion Energy (D), DraftKings (DKNG), <a href=\"https://laohu8.com/S/GT\">Goodyear</a> Tire and Rubber (GT), <a href=\"https://laohu8.com/S/CNK\">Cinemark</a> Holdings (CNK) before market open</p></li>\n</ul>","source":"yahoofinance_au","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Federal Reserve decision, October jobs report: What to know this week</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nFederal Reserve decision, October jobs report: What to know this week\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-11-01 07:05 GMT+8 <a href=https://finance.yahoo.com/news/federal-reserve-meeting-october-jobs-report-what-to-know-this-week-151259921.html><strong>Yahoo Finance</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>The Federal Reserve's forthcoming monetary policy meeting will be in focus this week, and may set the stage for a long-awaited announcement of asset-purchase tapering. Meanwhile, traders will also ...</p>\n\n<a href=\"https://finance.yahoo.com/news/federal-reserve-meeting-october-jobs-report-what-to-know-this-week-151259921.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"ATVI":"动视暴雪",".DJI":"道琼斯","CLX":"高乐氏",".IXIC":"NASDAQ Composite","BLMN":"Bloomin' Brands",".SPX":"S&P 500 Index","UBER":"优步","CRSR":"Corsair Gaming, Inc.","RL":"拉夫劳伦","EL":"雅诗兰黛","PFE":"辉瑞","COP":"康菲石油","APO":"阿波罗全球管理"},"source_url":"https://finance.yahoo.com/news/federal-reserve-meeting-october-jobs-report-what-to-know-this-week-151259921.html","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2179250221","content_text":"The Federal Reserve's forthcoming monetary policy meeting will be in focus this week, and may set the stage for a long-awaited announcement of asset-purchase tapering. Meanwhile, traders will also await more data on the U.S. economic recovery with the Labor Department's monthly jobs report later this week.\nThe Federal Open Market Committee's (FOMC) November meeting will take place from Tuesday to Wednesday, with the policy statement and press conference from the meeting serving as the central bank's penultimate opportunity this year to announce formal plans to begin rolling back its crisis-era quantitative easing program. For the past year-and-a-half, the central bank has been purchasing $120 billion per month in agency mortgage-backed securities and Treasuries, as one major tool to support the economy during the pandemic.\nIn late September, the FOMC's latest monetary policy statement and press conference from Federal Reserve Chair Jerome Powell suggested the central bank was apt to announce the start of tapering before year-end, and continue the tapering process until \"around the middle of next year.\"\n\"The upcoming FOMC meeting will be important for three reasons: 1) the announcement of tapering; 2) guidance around what tapering means for the path of hikes; and 3) nuanced changes in views around inflation risks given recent data,\" wrote Bank of America economist Michelle Meyer in a note.\n\"The statement that announces the new pace of asset purchases will be followed by a note regarding flexibility stating that asset purchases are not on a pre-set course and will depend on the outlook for the labor market and inflation as well as an assessment of the efficacy of asset purchases,\" she predicted.\nShe noted that Powell may also use the press conference to reiterate that the end of tapering would not necessarily indicate the start of rate hikes, and that both policy actions are distinct. In previous public remarks, Powell has already made a similar point in previous public remarks, saying, \"the timing and pace of the coming reduction in asset purchases will not be intended to carry a direct signal regarding the timing of interest rate liftoff.\"\nGiven the market has been anticipating the start to tapering for months now, speculation around when the Fed will make a move on interest rates has become a point of particular interest to investors. Investors and economists have mulled whether the Fed may need to act more quickly than previously telegraphed on adjusting interest rates to stave off inflation, which has proven more long-lasting than some had suggested.\nWASHINGTON, DC - SEPTEMBER 24: Federal Reserve Board Chairman Jerome Powell testifies during a Senate Banking Committee hearing on Capitol Hill on September 24, 2020 in Washington, DC. Powell and U.S. Treasury Secretary Steve Mnuchin are testifying about the CARES Act and the economic effects of the coronavirus pandemic. (Photo by Drew Angerer/Getty Images)Drew Angerer via Getty Images\nIn September, core personal consumption expenditures — the Fed's preferred gauge of underlying inflation — rose 3.6% over last year for a fourth consecutive month, coming in at the fastest clip since 1991. And earlier this month, Powell acknowledged in public remarks that the supply chain constraints and shortages that spurred the latest rise in prices are \"likely to last longer than previously expected, likely well into next year.\"\nWhile the central bank will not release an updated Summary of Economic Projections with their policy statement on Wednesday, the latest projections from the September meeting suggested the committee was split on rate hikes for 2022, with nine members seeing no rate hikes by the end of next year while the other nine members saw at least one hike.\n\"I think the Fed has pretty well determined to start the taper pretty quickly. We expect them to announce it next week and then start it soon thereafter, so that's pretty well carved in stone,\" Kathy Jones, Charles Schwab chief fixed income strategist, told Yahoo Finance Live last week. \"I think the big debate now is how quickly the Fed moves toward actually raising rates. The expectation in the market has really shifted to expecting as many as two rate hikes in 2022 and 2023 ... that’s a pretty aggressive pace of tightening.\"\nOctober jobs report\nOne of this week's most closely watched pieces of economic data will be the October jobs report, which is due for release on Friday from the Labor Department.\nEconomists are looking to see a pick-up in the pace of hiring for October after a disappointing print in September, when just 194,000 non-farm payrolls returned versus the half million expected. Over the past two months, payroll gains averaged at just 280,000. The unemployment rate is expected to take another small step toward pre-pandemic levels in October as well, with the jobless rate anticipated to dip to 4.7% from 4.8% the prior month.\nStill, the labor market has still fallen short its pre-pandemic conditions on a number of fronts. The unemployment rate has yet to return to its 50-year low of 3.5% from February 2020. And as of September, the civilian labor force was still down by about 3.1 million individuals from pre-virus levels.\nOne factor weighing on the labor market in August and September was the Delta variant, which may have deterred some workers from seeking employment in person for risk of infection. And an ongoing element dragging on the labor market's recovery has been a mismatch of supply and demand, with employers struggling to fill a near-record number of job openings while voluntary quits jumped to a historically high level.\n\"Next week’s October payrolls report will shed light on whether supply eased on diminishing constraints or if the labor market continues to face headwinds for now,\" wrote Rubeela Farooqi, chief U.S. economist for High Frequency Economics, in a note last week.\nBut some data from the past couple weeks has reflected favorably on conditions in the labor market in October. Weekly new unemployment claims broke below 300,000 for the first time since the start of the pandemic during the survey week for the October jobs report, or the week that includes the 12th of the month. And in the Conference Board's October Consumer Confidence Index, just 10.6% of consumers said jobs were \"hard to get,\" down from 13.0% in September. That brought the Conference Board's closely watched labor market differential, or percentage of consumers saying jobs are \"hard to get\" subtracted from the percentage saying jobs \"are plentiful,\" to 45, or its highest level since 2000.\nEconomic calendar\n\nMonday: Markit U.S. Manufacturing PMI, Oct. final (59.3 expected, 59.2 in September); Constructing spending, month-over-month, September (0.4% expected, 0.0% in August); ISM Manufacturing Index, Oct. (60.5 expected, 61.1 in September)\nTuesday: No notable reports scheduled for release\nWednesday: MBA Mortgage Applications, week ended Oct. 29 (0.3% during prior week); ADP Employment Change, Oct. (400,000 expected, 568,000 in September); ISM Services Index, October (62.0 expected, 61.9 in September); Factory Orders, September (-0.1% expected, 1.2% in August); Durable goods orders, September final (-0.4% in prior print; Durable goods orders excluding transportation, September final (0.4% in prior print); Non-defense capital goods orders excluding aircraft, September final (0.8% in prior print); Markit U.S. Services PMI, October final (58.2 expected, 58.2 in prior print); Markit U.S. Composite PMI, October final (57.3 in prior print); Federal Open Market Committee monetary policy decision\nThursday: Challenger job cuts, year-over-year, October (-84.9% in September); Initial jobless claims, week ended Oct. 30 (275,000 expected, 281,000 during prior week); Continuing claims, week ended Oct. 23 (2.147 million expected, 2.243 million during prior week); Non-farm productivity, Q3 preliminary (-3.2% expected, 2.1% in Q2); Unit Labor Costs, Q3 preliminary (6.9% expected, 1.3% in Q2); Trade balance, September (-$80.1 billion expected, -$73.3 billion in August)\nFriday: Change in non-farm payrolls, October (450,000 expected, 194,000 in September); Unemployment rate, October (4.7% expected, 4.8% in September); Average hourly earnings, month-over-month, October (4.7% expected, 4.8% in September); Average hourly earnings, year-over-year, October (4.9% expected, 4.6% in September); Labor Force Participation Rate, October (61.8% expected, 61.6% in September); Consumer Credit, September ($16.200 billion expected, $14.379 million in August)\n\nEarnings calendar\n\nMonday: Clorox (CLX), Avis Budget Group (CAR), ZoomInfo Technologies (ZI), Chegg Inc. (CHGG), Diamondback Energy (FANG), The Simon Property Group (SPG) after market close\nTuesday: Under Armour (UAA), Estee Lauder (EL), Ralph Lauren (RL), Apollo Global Management (APO), Corsair Gaming (CRSR), Bloomin' Brands (BLMN), ConocoPhillips (COP), Pfizer (PFE), Groupon (GPN), Marathon Petroleum (MPC) before market open; Mondelez (MDLZ), T-Mobile (TMUS), Akamai (AKAM), Activision Blizzard (ATVI), Lyft (LYFT), Match Group (MTCH), Devon Energy (DVN), Chesapeake Energy (CHK), Coursera (COUR), Zillow Group (ZG), Amgen (AMGN) after market close\nWednesday: Humana (HUM), Discovery Inc. (DISCA), The New York Times (NYT), Norwegian Cruise Line Holdings (NCLH), Marriott International (MAR), CVS Health Corp. (CVS), Sinclair Broadcast Group (SBGI) before market open; Booking Holdings (BKNG), Qorvo (QRVO), The Allstate Corp. (ALL), MGM Resorts International (MGM), $Take-Two Interactive Software(TTWO)$ (TTWO), Electronic Arts (EA), Vimeo (VMEO), Etsy (ETSY), GoDaddy (GDDY), Marathon Oil Corp. (MRO), Roku (ROKU), Qualcomm (QCOM) after market close\nThursday: Cigna (CI), Wayfair (W), ViacomCBS (VIAC), Nikola (NKLA), Duke Energy (DUK), Citrix Systems (CTXS), Regeneron Pharmaceuticals (REGN), Hanesbrands (HBI), Moderna (MRNA), Planet Fitness (PLNT), Vulcan Material (VMC), Kellogg (K), Square (SQ), Cloudflare (NET), Occidental Petroleum (OXY), Uber Technologies (UBER), American International Group (AIG), Shake Shack (SHAK), iHeartMedia (IHRT), Novavax (NVAX), IAC Interactive Corp. (IAC), Peloton (PTON), Dropbox (DBX), DataDog (DDOG), Pinterest (PINS), Skyworks Solutions (SWKS), Expedia (EXPE), Rocket Cos. (RKT), Live Nation Entertainment (LYV), Airbnb (ABNB)\nFriday: Wynn Resorts (WYNN), Dish Networks (DISH), Dominion Energy (D), DraftKings (DKNG), Goodyear Tire and Rubber (GT), Cinemark Holdings (CNK) before market open","news_type":1},"isVote":1,"tweetType":1,"viewCount":945,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0}],"lives":[]}