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Willretard8

Willretard8

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2021-09-19

$PFE 20211015 47.0 CALL(PFE)$What to do when $Pfizer(PFE)$on short term downtrend

2021-09-19

Common trend around the world?

7 ways men live without working in America

2021-09-13

$BABA 20210924 180.0 CALL(BABA)$small hedge

2021-09-10

$PFE 20210910 48.0 CALL(PFE)$GG

2021-09-09

$The Kraft Heinz Company(KHC)$missed the entry[Speechless]

2021-09-09

$PFE 20210910 43.5 CALL(PFE)$Ok now we know there are still many sellers - dropping from 48% to 28% gain [Facepalm]

2021-09-04

$Sphere 3D(ANY)$perfect shorting candidate

2021-09-04

$PFE 20210910 43.5 CALL(PFE)$Why am i not taking profit still[Sweats]

2021-09-03

$PFE 20210910 43.5 CALL(PFE)$Lets see how many more sellers next week

2021-09-02

$BABA 20211015 165.0 CALL(BABA)$Gonna pullback

2021-09-02

$Alibaba(BABA)$$Alibaba(09988)$pulling back?

2021-09-01

$BABA 20220121 130.0 CALL(BABA)$[Shy]

2021-09-01

$PFE 20210903 48.5 CALL(PFE)$GG

2021-08-31

$BABA 20210903 155.0 CALL(BABA)$[Shy]

2021-08-27

$Pfizer(PFE)$Ohwell

2021-08-27

Volume has been declining

Wall Street loses ground, snapping rally on Afghanistan, Fed concerns

2021-08-26

Aka the list of overvalued stocks?

抱歉，原内容已删除

2021-08-26

$Bank of America(BAC)$starting new trend?

2021-08-26

$BNTX 20210903 370.0 CALL(BNTX)$[Smile]

2021-08-24

$BABA 20210827 157.5 CALL(BABA)$Baba

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href=\"https://laohu8.com/S/PFE\">$PFE 20211015 47.0 CALL(PFE)$</a>What to do when&nbsp;<a href=\"https://laohu8.com/S/PFE\">$Pfizer(PFE)$</a>on short term downtrend&nbsp;","listText":"<a href=\"https://laohu8.com/S/PFE\">$PFE 20211015 47.0 CALL(PFE)$</a>What to do when&nbsp;<a href=\"https://laohu8.com/S/PFE\">$Pfizer(PFE)$</a>on short term downtrend&nbsp;","text":"$PFE 20211015 47.0 CALL(PFE)$What to do when $Pfizer(PFE)$on short term downtrend","images":[{"img":"https://static.tigerbbs.com/207edc4b039e9d5ac8b7da964fab1f16","width":"828","height":"1434"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/887229399","isVote":1,"tweetType":1,"viewCount":234,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":887220699,"gmtCreate":1632049498112,"gmtModify":1632803131904,"author":{"id":"3581490787994555","authorId":"3581490787994555","name":"Willretard8","avatar":"https://static.tigerbbs.com/55d367736decafe822ab65564b27b8a2","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3581490787994555","authorIdStr":"3581490787994555"},"themes":[],"htmlText":"Common trend around the world?","listText":"Common trend around the world?","text":"Common trend around the world?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/887220699","repostId":"1198486138","repostType":4,"repost":{"id":"1198486138","kind":"news","pubTimestamp":1632023224,"share":"https://www.laohu8.com/m/news/1198486138?lang=&edition=full","pubTime":"2021-09-19 11:47","market":"us","language":"en","title":"7 ways men live without working in America","url":"https://stock-news.laohu8.com/highlight/detail?id=1198486138","media":"Yahoo Finance","summary":"How do they live? What are they doing for money? ","content":"<p>Almost one-third of all working-age men in America aren’t doing diddly-squat. They don’t have a job, and they aren’t looking for one either. One-third of all working-age men. That’s almost 30 million people!</p>\n<p>How do they live? What are they doing for money? To me, this is one of the great mysteries of our time.</p>\n<p>I’m certainly not the first person to make note of this shocking statistic. You’ve heard people bemoaning this \"labor participation rate,\" which is simply the number of working-age men (usually counted as ages 16 to 64) not working or not looking for work, as a percentage of the overall labor force.</p>\n<p>It’s true that the pandemic, which of course produced a number of factors that made working more difficult never mind dangerous, pushed the labor participation rate to a record low. But the fact that millions of American males have not been working precedes COVID-19 by decades. In fact, the participation rate for men peaked at 87.4% in October 1949 and has been dropping steadily ever since. It now stands at 67.7%.</p>\n<p>As a business journalist for a good portion of those 70-plus years, I’ve looked at thousands of charts and graphs in my life, and I have to say this one is as jaw dropping as it is vexing:</p>\n<p><img src=\"https://static.tigerbbs.com/056158b8fa7157238c3d1521dd05c02e\" tg-width=\"705\" tg-height=\"259\" referrerpolicy=\"no-referrer\">Chart of the U.S. labor force participation rate for men over time, courtesy of the St. Louis Federal Reserve</p>\n<p>Economists, sociologists, politicians, and cable news pundits each have their pet factors to explain the groundswell of non-work. But after digging down here, I’ve concluded there are many different forces at play. That’s what I want to explore today, which is: how men can live in America without working.</p>\n<p>I’m not talking about why men have lost their jobs — factories closing, layoffs, automation, outsourcing jobs overseas, even perhaps women entering the workforce, (in fact, the participation rate by women over the same time period is way up). What I want to get at is how they’re living without holding a \"real\" job, and by that I mean doing work where one reports income to the IRS, pays taxes and Social Security, etc.</p>\n<p>It’s important to note that every man in this group has his own story. They range from mentally ill homeless men who desperately need our help, to the I’m-doing-just-fine-thank-you-very-much, retired early, and former Silicon Valley coder. And there are infinite scenarios in between those two extremes, including, for instance, the many men who have chosen to bestay-at-home dadswhile their spouses work.</p>\n<p>It’s also the case that some men in this group may be unemployed and not seeking work because they’ve given up looking just for now — perhaps waiting for COVID to abate — and will start the search again soon. Here too, society needs to help.</p>\n<p>Still, none of this explains decade after decade of falling male employment.</p>\n<p>To that end, here to my mind are seven ways men are living without working in America:</p>\n<p><b>-Unemployment insurance</b></p>\n<p>Let’s start with this one because it’s a hot button issue. Conservatives and some liberals too have made the claim that state unemployment aid, coupled with $600 a week from the CARES Act, which was rolled out in March 2020, have reduced men’s need to work. (There are actually a variety of social programs at play,spelled out nicely hereby think tank The Century Foundation, which estimates that overall these programs have pumped $800 billion in the economy.) We’ll be getting a good read on whether all this relief did suppress employment now that CARES aid ended for some 7.5 million Americans earlier this month. But as Yahoo Finance’s Denitsa Tsekova reportedhereandhere, states that ended federal aid programs early didn’t see big increases in employment. That may mean these payments really weren’t enough to live off, or not enough to live off by themselves, which speaks to men looking to a combination of sources, like under the table income or family support and possibly some savings (see below).</p>\n<p><b>-Early retirement, pensions, disability and lawsuits</b></p>\n<p>Admittedly, this is a bit of a hodgepodge. And as is the case with many of these categories, hard data is tough to come by, but it is the case that millions of men under 64 are at least partly living off of pensions and 401(k)s. This would include everything from C-suite executives to union members. And don’t forget municipal workers, who make up almost 14% of the U.S. workforce. According to the U.S. Census Bureau, there are some 6,000 public sector retirement systems in the U.S.Collectively these plans have $4.5 trillion in assets,with 14.7 million working members and 11.2 million retirees. The plans distribute $323 billion in benefits annually, and again, some to men who are younger than 64. In fact in almost two-thirds of these plans,if you started working at 25, you max out at 57, a real inducement to stop working — at least at that job of course.</p>\n<p><img src=\"https://static.tigerbbs.com/53e26b293f8a939a54b78315c3375a18\" tg-width=\"705\" tg-height=\"467\" referrerpolicy=\"no-referrer\">Volunteers load cars with turkeys and other food assistance for laid off Walt Disney World cast members and others at a food distribution event on December 12, 2020 in Orlando, Florida. (Photo by Paul Hennessy/NurPhoto via Getty Images)More</p>\n<p>There’s also disability insurance from the Social Security Administration that is beingpaid to some 9 million Americanswhomay receive payments many years before retirement age. That's why I am including disability here, but not plain vanilla Social Security, which you can’t receive until age 62. The maximum disability benefit amount you can receive each month is currently $3,148. (However, the average beneficiary receives about $1,277 per month, according to the law group Social Security Disability Advocates.) Overall, it looks like theSSA pays out some $130 billion in disability annually.That’s not nothing. Then there’s money paid out in medical malpractice each year, smaller true, but stillestimated to be in excess of $3 billion.And don't forgetpayments from legal settlements and class action lawsuits.</p>\n<p>You argue all day about the right or wrong when it comes to these payouts, but the fact is many of them didn’t exist, or not at this magnitude, decades ago.</p>\n<p><b>-Savings, trading stocks, and bitcoin</b></p>\n<p>Consider now men are living off savings, or from money made in the market or maybe even selling NFTs. How many is it exactly? Who knows, but quite a few for sure. First off, Americans on average do have some money in the bank. Savings as a percentage of disposable income,according to the Federal Reserve of Kansas City,hit a record high of 33% in the spring of 2020 and is still at 14%, or nearly twice as high as it was prior to the pandemic.</p>\n<p>And according to arecent survey by Northwestern Mutual,average personal savings are up over 10% compared to last year, from $65,900 last year to $73,100. Average retirement savings increased 13%, from $87,500 last year to $98,800 today. So there’s that.</p>\n<p>Next let’s look at investing — first stocks. It is not irrelevant to this narrative that the S&amp;P 500 has climbed from 2,480 on March 12, 2020 — the day after the World Health Organization declared COVID a pandemic— to 4,441 today, or almost 80%. That’s a huge gain. Much of the action of course has been retail investors and the meme stock boom, as millions of American males stuck at home with nothing to do all day for the past 18 months passed the time trading stocks. Credit Suisse estimates that since the beginning of 2020, “retail trading as a share of overall market activityhas nearly doubledfrom between 15% and 18% to over 30%,” as CNBC reported. How many men were doing this and supporting themselves? Unclear, but upstart trading platform Robinhood (HOOD) — the broker dealer of choice for many of these new investors — reported that it had22.5 million funded user accountslast month, up from 7.2 million in March of 2020. Let’s just say 15 million new accounts is quite a number.</p>\n<p>Now crypto. You can laugh all you want, but the simple fact is that theprice of bitcoinis up from $4,861 on March 12, 2000 to $47,763 today, or basically up 10X, (and remember it even hit $64,888.99 this spring). Back to Robinhood, which according to The New York Times, also reported last month that “revenue from cryptocurrency trading fees totaled $233 million, a nearly 50-fold jump from $5 million a year earlier.” (And those are just fees off the trades, mind you.) Bottom line: Folks have made money here. (Of course these guys should be paying taxes on all those stock and crypto gains.)</p>\n<p><img src=\"https://static.tigerbbs.com/809084435ffdcbc0695311d158bb7a98\" tg-width=\"705\" tg-height=\"470\" referrerpolicy=\"no-referrer\">Robinhood Markets, Inc. CEO and co-founder Vlad Tenev and co-founder Baiju Bhatt pose with Robinhood signage on Wall Street after the company's IPO in New York City, U.S., July 29, 2021. REUTERS/Andrew Kelly<b>-Working for cash, aka the under-the-table economy</b></p>\n<p>This one is very tough to measure, too.A study by the Federal Reserve of St. Louisestimates that the average size of the “informal economy” in developed countries is 13% of GDP. Honestly, that could be off by many percentage points, but just to give you a ballpark, GDP in the U.S. this year is about $22 trillion. So 13% of that is $2.86 trillion. As it turns out, $2 trillion-plus, is a number that has been thrown around quite a bit (hereandherefor instance) when it comes to estimating the size of the cash economy in the U.S. Even if half that money is paid out to women, that still leaves, say, $1 trillion dollars being made by men in this country off the books. That’s a big chunk of change. Are more people than ever working for cash these days? Again, another question that’s impossible to answer. I would bet it’s not fewer. For example, my electrician Luis just told me he can’t get anyone to work for him anymore — they all want to get paid in cash.</p>\n<p><b>-Living off family members</b></p>\n<p>Just to take one facet,the Pew Research Center reportedlast year that the pandemic “has pushed millions of Americans, especially young adults, to move in with family members. The share of 18- to 29-year-olds living with their parents has become a majority since U.S. coronavirus cases began spreading [in early 2020], surpassing the previous peak during the Great Depression era. In July, 52% of young adults resided with one or both of their parents, up from 47% in February.” How many of these individuals are males living rent free (and sharing food too), which maybe means they don’t have to work? Who knows, but some. Ditto for males who have moved in with in-laws or siblings. And again, many men are choosing to stay home and take care of kids while their spouses work.</p>\n<p><b>-Illegal work</b></p>\n<p>Front and center here is selling illegal drugs. Sadly, business looks to be booming, that is if overdoses are any sort of measure.According to the Washington Post, overdose deaths hit 93,000 last year, up a stunning 30% from 2019. Most of the overdoses were attributed to opioids; heroin, synthetic opioids like OxyContin and in particular Fentanyl. (This despite drug dealers facingsupply chain issuesduring COVID.) How many Americans are in this business and who are they? A number is almost impossible to come by here, but as for who they are,a government report on drug trafficking arrestsfrom five years ago notes that ”the majority of drug trafficking offenders were male (84.9%), the average age of these offenders at sentencing was 36 years, 70% were United States citizens (although this rate varied substantially depending on the type of drug involved), and that almost half (49.4%) of drug traffickers had little or no prior criminal history.” How big a business is selling drugs in America? Could beas much as $100 billion.I think it’s fair to say that a market that size requires many thousands of employees.</p>\n<p>What about other types of crime and criminals, everything from robbers and thieves to prostitutes and pimps? To that point there aresome 2 million people incarcerated in the U.S.right now. (We have the highest absolute number and the highest per capita on the planet, and holdsome 25% of the world's total prisoners, according to the ACLU.) Being in prison is another way of living in America without working, I guess. But not counting those locked up, how many bad guys are out there on the street? Conservatively, it has to be thousands and thousands, and speaking to this story, they're all doing their thing and not participating in the labor force.</p>\n<p><img src=\"https://static.tigerbbs.com/3f8f4b3e6a5aa97a10f5c7bb22dec1d7\" tg-width=\"705\" tg-height=\"470\" referrerpolicy=\"no-referrer\">ORLEANS, MASSACHUSETTS - JULY 10: A man holds onto a clamming rake while clamming at low tide July 10, 2021 in Town Cove, Orleans, Massachusetts. He filled a bushel basket of cherry stone clams. (Photo by Robert Nickelsberg/Getty Images)More<b>-Living off the land</b></p>\n<p>This would include gardening, fishing, hunting, clamming, berrying, and just general foraging. The numbers here seem to be climbing. Here for instancefrom The Guardian:</p>\n<p>“Fishing and huntinglicense sales increased 10%in California during the pandemic, reversing years of decline. Clamming has grown in popularity for several reasons: people are looking for safe activities to do outdoors, but also some are clamming for subsistence and trying to get money from selling the shellfish (which is illegal without a commercial license).”</p>\n<p>Ditto for Washington state, according to The Spokesman-Review:</p>\n<p>“From the start of the 2020 licensing year in May through Dec. 31, WDFW [Washington Department of Fish and Wildlife] sold nearly 45,000 more fishing licenses and 12,000 more hunting licenses than 2019. The number of new license holders — defined as someone who hadn’t purchased one for the previous five years — went up 16% for fishing licenses and almost 40% for hunters.”</p>\n<p>As for growing vegetables in home gardens, yes, it is up, way up too. Even before the pandemic, there were estimates thata third of American families grew vegetables.Now this,NPRreported last year:</p>\n<p>“‘We're being flooded with vegetable orders,’ says George Ball, executive chairman of the Burpee Seed Company, based in Warminster, Penn.</p>\n<p>Ball says he has noticed spikes in seed sales during bad times: the stock market crash of 1987, the dot com bubble burst of 2000, and he remembers the two oil crises of the 1970s from his childhood. But he says he has not seen a spike this large and widespread.</p>\n<p>So there you have it. It’s a whole range of ways and means, behaviors and experiences. I’m sure I missed some, too. Again, some non-working men are in dire straits and need our help. Others are living non-working lives without burdening society or others, such as a fireman on early retirement (though some argue municipal employee pensions are too high), or an investor who made a ton of money in the market and called it quits, or maybe a wilderness guy living off the land in Alaska.</p>\n<p>And some non-working men are not playing fair. Like getting paid under the table, fudging insurance claims or social programs. Some freeload off relatives. And some engage in overtly illegal behavior like boosting branded goods from chain stores to sell online or dealing heroin.</p>\n<p>I would imagine that more than a few of these men create a portfolio of sources, though I’m not sure they really think of it that way. Take for example a hypothetical guy in a rural area who lives with his grandmother rent free, (he does help her with the garden some). This guy also does some cash carpentry work, hunts for game, gets some food off his ex-wife’s WIC and helps his brother sell some weed. Can you get by this way? Some men probably are. Is this the new American way? For some men it probably is.</p>\n<p>That example perhaps, and to be sure of all of the above, I think go a long way toward explaining that chart from the beginning of the story, the one that shows the labor participation rate falling off a cliff over the past seven decades. And speaking of charts, another striking one came to mind when I was writing this, which I put here below. It shows U.S. GDP over the same time period as the labor participation rate.</p>\n<p><img src=\"https://static.tigerbbs.com/0f197be5c6c11483ec906a1757293e4d\" tg-width=\"705\" tg-height=\"259\" referrerpolicy=\"no-referrer\">Chart of the U.S. Gross Domestic Product over time, courtesy of the St. Louis Federal Reserve</p>\n<p>Of course, the line on this GDP chart is inversely correlated with the line on the labor participation graph. And I think there is a relationship between the two. Which is to say, the wealthier our nation has become over the decades, the less men are working. Fact is there is just a ton of money sloshing around in our country. And men seem to be able to get their hands on it, whether obtained legally, borrowed, leached off of or stolen.</p>\n<p>It seems like working legally to provide for yourself in America is really just one option these days.</p>\n<p><b><i>This article was featured in a Saturday edition of the Morning Brief on September 18, 2021. Get the Morning Brief sent directly to your inbox every Monday to Friday by 6:30 a.m. ET.Subscribe</i></b></p>\n<p><i>Andy Serwer is editor-in-chief of Yahoo Finance. Follow him on Twitter:@serwer</i></p>","source":"yahoofinance_sg","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>7 ways men live without working in America</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\">\n7 ways men live without working in America\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-09-19 11:47 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/7-ways-men-live-without-working-in-america-092147068.html><strong>Yahoo Finance</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Almost one-third of all working-age men in America aren’t doing diddly-squat. They don’t have a job, and they aren’t looking for one either. One-third of all working-age men. That’s almost 30 million ...</p>\n\n<a href=\"https://finance.yahoo.com/news/7-ways-men-live-without-working-in-america-092147068.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://static.tigerbbs.com/020219c8820f9fc9f11979454ce1b1c6","relate_stocks":{".DJI":"道琼斯"},"source_url":"https://finance.yahoo.com/news/7-ways-men-live-without-working-in-america-092147068.html","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1198486138","content_text":"Almost one-third of all working-age men in America aren’t doing diddly-squat. They don’t have a job, and they aren’t looking for one either. One-third of all working-age men. That’s almost 30 million people!\nHow do they live? What are they doing for money? To me, this is one of the great mysteries of our time.\nI’m certainly not the first person to make note of this shocking statistic. You’ve heard people bemoaning this \"labor participation rate,\" which is simply the number of working-age men (usually counted as ages 16 to 64) not working or not looking for work, as a percentage of the overall labor force.\nIt’s true that the pandemic, which of course produced a number of factors that made working more difficult never mind dangerous, pushed the labor participation rate to a record low. But the fact that millions of American males have not been working precedes COVID-19 by decades. In fact, the participation rate for men peaked at 87.4% in October 1949 and has been dropping steadily ever since. It now stands at 67.7%.\nAs a business journalist for a good portion of those 70-plus years, I’ve looked at thousands of charts and graphs in my life, and I have to say this one is as jaw dropping as it is vexing:\nChart of the U.S. labor force participation rate for men over time, courtesy of the St. Louis Federal Reserve\nEconomists, sociologists, politicians, and cable news pundits each have their pet factors to explain the groundswell of non-work. But after digging down here, I’ve concluded there are many different forces at play. That’s what I want to explore today, which is: how men can live in America without working.\nI’m not talking about why men have lost their jobs — factories closing, layoffs, automation, outsourcing jobs overseas, even perhaps women entering the workforce, (in fact, the participation rate by women over the same time period is way up). What I want to get at is how they’re living without holding a \"real\" job, and by that I mean doing work where one reports income to the IRS, pays taxes and Social Security, etc.\nIt’s important to note that every man in this group has his own story. They range from mentally ill homeless men who desperately need our help, to the I’m-doing-just-fine-thank-you-very-much, retired early, and former Silicon Valley coder. And there are infinite scenarios in between those two extremes, including, for instance, the many men who have chosen to bestay-at-home dadswhile their spouses work.\nIt’s also the case that some men in this group may be unemployed and not seeking work because they’ve given up looking just for now — perhaps waiting for COVID to abate — and will start the search again soon. Here too, society needs to help.\nStill, none of this explains decade after decade of falling male employment.\nTo that end, here to my mind are seven ways men are living without working in America:\n-Unemployment insurance\nLet’s start with this one because it’s a hot button issue. Conservatives and some liberals too have made the claim that state unemployment aid, coupled with $600 a week from the CARES Act, which was rolled out in March 2020, have reduced men’s need to work. (There are actually a variety of social programs at play,spelled out nicely hereby think tank The Century Foundation, which estimates that overall these programs have pumped $800 billion in the economy.) We’ll be getting a good read on whether all this relief did suppress employment now that CARES aid ended for some 7.5 million Americans earlier this month. But as Yahoo Finance’s Denitsa Tsekova reportedhereandhere, states that ended federal aid programs early didn’t see big increases in employment. That may mean these payments really weren’t enough to live off, or not enough to live off by themselves, which speaks to men looking to a combination of sources, like under the table income or family support and possibly some savings (see below).\n-Early retirement, pensions, disability and lawsuits\nAdmittedly, this is a bit of a hodgepodge. And as is the case with many of these categories, hard data is tough to come by, but it is the case that millions of men under 64 are at least partly living off of pensions and 401(k)s. This would include everything from C-suite executives to union members. And don’t forget municipal workers, who make up almost 14% of the U.S. workforce. According to the U.S. Census Bureau, there are some 6,000 public sector retirement systems in the U.S.Collectively these plans have $4.5 trillion in assets,with 14.7 million working members and 11.2 million retirees. The plans distribute $323 billion in benefits annually, and again, some to men who are younger than 64. In fact in almost two-thirds of these plans,if you started working at 25, you max out at 57, a real inducement to stop working — at least at that job of course.\nVolunteers load cars with turkeys and other food assistance for laid off Walt Disney World cast members and others at a food distribution event on December 12, 2020 in Orlando, Florida. (Photo by Paul Hennessy/NurPhoto via Getty Images)More\nThere’s also disability insurance from the Social Security Administration that is beingpaid to some 9 million Americanswhomay receive payments many years before retirement age. That's why I am including disability here, but not plain vanilla Social Security, which you can’t receive until age 62. The maximum disability benefit amount you can receive each month is currently $3,148. (However, the average beneficiary receives about $1,277 per month, according to the law group Social Security Disability Advocates.) Overall, it looks like theSSA pays out some $130 billion in disability annually.That’s not nothing. Then there’s money paid out in medical malpractice each year, smaller true, but stillestimated to be in excess of $3 billion.And don't forgetpayments from legal settlements and class action lawsuits.\nYou argue all day about the right or wrong when it comes to these payouts, but the fact is many of them didn’t exist, or not at this magnitude, decades ago.\n-Savings, trading stocks, and bitcoin\nConsider now men are living off savings, or from money made in the market or maybe even selling NFTs. How many is it exactly? Who knows, but quite a few for sure. First off, Americans on average do have some money in the bank. Savings as a percentage of disposable income,according to the Federal Reserve of Kansas City,hit a record high of 33% in the spring of 2020 and is still at 14%, or nearly twice as high as it was prior to the pandemic.\nAnd according to arecent survey by Northwestern Mutual,average personal savings are up over 10% compared to last year, from $65,900 last year to $73,100. Average retirement savings increased 13%, from $87,500 last year to $98,800 today. So there’s that.\nNext let’s look at investing — first stocks. It is not irrelevant to this narrative that the S&P 500 has climbed from 2,480 on March 12, 2020 — the day after the World Health Organization declared COVID a pandemic— to 4,441 today, or almost 80%. That’s a huge gain. Much of the action of course has been retail investors and the meme stock boom, as millions of American males stuck at home with nothing to do all day for the past 18 months passed the time trading stocks. Credit Suisse estimates that since the beginning of 2020, “retail trading as a share of overall market activityhas nearly doubledfrom between 15% and 18% to over 30%,” as CNBC reported. How many men were doing this and supporting themselves? Unclear, but upstart trading platform Robinhood (HOOD) — the broker dealer of choice for many of these new investors — reported that it had22.5 million funded user accountslast month, up from 7.2 million in March of 2020. Let’s just say 15 million new accounts is quite a number.\nNow crypto. You can laugh all you want, but the simple fact is that theprice of bitcoinis up from $4,861 on March 12, 2000 to $47,763 today, or basically up 10X, (and remember it even hit $64,888.99 this spring). Back to Robinhood, which according to The New York Times, also reported last month that “revenue from cryptocurrency trading fees totaled $233 million, a nearly 50-fold jump from $5 million a year earlier.” (And those are just fees off the trades, mind you.) Bottom line: Folks have made money here. (Of course these guys should be paying taxes on all those stock and crypto gains.)\nRobinhood Markets, Inc. CEO and co-founder Vlad Tenev and co-founder Baiju Bhatt pose with Robinhood signage on Wall Street after the company's IPO in New York City, U.S., July 29, 2021. REUTERS/Andrew Kelly-Working for cash, aka the under-the-table economy\nThis one is very tough to measure, too.A study by the Federal Reserve of St. Louisestimates that the average size of the “informal economy” in developed countries is 13% of GDP. Honestly, that could be off by many percentage points, but just to give you a ballpark, GDP in the U.S. this year is about $22 trillion. So 13% of that is $2.86 trillion. As it turns out, $2 trillion-plus, is a number that has been thrown around quite a bit (hereandherefor instance) when it comes to estimating the size of the cash economy in the U.S. Even if half that money is paid out to women, that still leaves, say, $1 trillion dollars being made by men in this country off the books. That’s a big chunk of change. Are more people than ever working for cash these days? Again, another question that’s impossible to answer. I would bet it’s not fewer. For example, my electrician Luis just told me he can’t get anyone to work for him anymore — they all want to get paid in cash.\n-Living off family members\nJust to take one facet,the Pew Research Center reportedlast year that the pandemic “has pushed millions of Americans, especially young adults, to move in with family members. The share of 18- to 29-year-olds living with their parents has become a majority since U.S. coronavirus cases began spreading [in early 2020], surpassing the previous peak during the Great Depression era. In July, 52% of young adults resided with one or both of their parents, up from 47% in February.” How many of these individuals are males living rent free (and sharing food too), which maybe means they don’t have to work? Who knows, but some. Ditto for males who have moved in with in-laws or siblings. And again, many men are choosing to stay home and take care of kids while their spouses work.\n-Illegal work\nFront and center here is selling illegal drugs. Sadly, business looks to be booming, that is if overdoses are any sort of measure.According to the Washington Post, overdose deaths hit 93,000 last year, up a stunning 30% from 2019. Most of the overdoses were attributed to opioids; heroin, synthetic opioids like OxyContin and in particular Fentanyl. (This despite drug dealers facingsupply chain issuesduring COVID.) How many Americans are in this business and who are they? A number is almost impossible to come by here, but as for who they are,a government report on drug trafficking arrestsfrom five years ago notes that ”the majority of drug trafficking offenders were male (84.9%), the average age of these offenders at sentencing was 36 years, 70% were United States citizens (although this rate varied substantially depending on the type of drug involved), and that almost half (49.4%) of drug traffickers had little or no prior criminal history.” How big a business is selling drugs in America? Could beas much as $100 billion.I think it’s fair to say that a market that size requires many thousands of employees.\nWhat about other types of crime and criminals, everything from robbers and thieves to prostitutes and pimps? To that point there aresome 2 million people incarcerated in the U.S.right now. (We have the highest absolute number and the highest per capita on the planet, and holdsome 25% of the world's total prisoners, according to the ACLU.) Being in prison is another way of living in America without working, I guess. But not counting those locked up, how many bad guys are out there on the street? Conservatively, it has to be thousands and thousands, and speaking to this story, they're all doing their thing and not participating in the labor force.\nORLEANS, MASSACHUSETTS - JULY 10: A man holds onto a clamming rake while clamming at low tide July 10, 2021 in Town Cove, Orleans, Massachusetts. He filled a bushel basket of cherry stone clams. (Photo by Robert Nickelsberg/Getty Images)More-Living off the land\nThis would include gardening, fishing, hunting, clamming, berrying, and just general foraging. The numbers here seem to be climbing. Here for instancefrom The Guardian:\n“Fishing and huntinglicense sales increased 10%in California during the pandemic, reversing years of decline. Clamming has grown in popularity for several reasons: people are looking for safe activities to do outdoors, but also some are clamming for subsistence and trying to get money from selling the shellfish (which is illegal without a commercial license).”\nDitto for Washington state, according to The Spokesman-Review:\n“From the start of the 2020 licensing year in May through Dec. 31, WDFW [Washington Department of Fish and Wildlife] sold nearly 45,000 more fishing licenses and 12,000 more hunting licenses than 2019. The number of new license holders — defined as someone who hadn’t purchased one for the previous five years — went up 16% for fishing licenses and almost 40% for hunters.”\nAs for growing vegetables in home gardens, yes, it is up, way up too. Even before the pandemic, there were estimates thata third of American families grew vegetables.Now this,NPRreported last year:\n“‘We're being flooded with vegetable orders,’ says George Ball, executive chairman of the Burpee Seed Company, based in Warminster, Penn.\nBall says he has noticed spikes in seed sales during bad times: the stock market crash of 1987, the dot com bubble burst of 2000, and he remembers the two oil crises of the 1970s from his childhood. But he says he has not seen a spike this large and widespread.\nSo there you have it. It’s a whole range of ways and means, behaviors and experiences. I’m sure I missed some, too. Again, some non-working men are in dire straits and need our help. Others are living non-working lives without burdening society or others, such as a fireman on early retirement (though some argue municipal employee pensions are too high), or an investor who made a ton of money in the market and called it quits, or maybe a wilderness guy living off the land in Alaska.\nAnd some non-working men are not playing fair. Like getting paid under the table, fudging insurance claims or social programs. Some freeload off relatives. And some engage in overtly illegal behavior like boosting branded goods from chain stores to sell online or dealing heroin.\nI would imagine that more than a few of these men create a portfolio of sources, though I’m not sure they really think of it that way. Take for example a hypothetical guy in a rural area who lives with his grandmother rent free, (he does help her with the garden some). This guy also does some cash carpentry work, hunts for game, gets some food off his ex-wife’s WIC and helps his brother sell some weed. Can you get by this way? Some men probably are. Is this the new American way? For some men it probably is.\nThat example perhaps, and to be sure of all of the above, I think go a long way toward explaining that chart from the beginning of the story, the one that shows the labor participation rate falling off a cliff over the past seven decades. And speaking of charts, another striking one came to mind when I was writing this, which I put here below. It shows U.S. GDP over the same time period as the labor participation rate.\nChart of the U.S. Gross Domestic Product over time, courtesy of the St. Louis Federal Reserve\nOf course, the line on this GDP chart is inversely correlated with the line on the labor participation graph. And I think there is a relationship between the two. Which is to say, the wealthier our nation has become over the decades, the less men are working. Fact is there is just a ton of money sloshing around in our country. And men seem to be able to get their hands on it, whether obtained legally, borrowed, leached off of or stolen.\nIt seems like working legally to provide for yourself in America is really just one option these days.\nThis article was featured in a Saturday edition of the Morning Brief on September 18, 2021. Get the Morning Brief sent directly to your inbox every Monday to Friday by 6:30 a.m. ET.Subscribe\nAndy Serwer is editor-in-chief of Yahoo Finance. 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back?","images":[{"img":"https://static.tigerbbs.com/cfb6f599919e2bda704d1a10091550d7","width":"750","height":"2078"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/812324561","isVote":1,"tweetType":1,"viewCount":235,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":816845131,"gmtCreate":1630490302923,"gmtModify":1631889069494,"author":{"id":"3581490787994555","authorId":"3581490787994555","name":"Willretard8","avatar":"https://static.tigerbbs.com/55d367736decafe822ab65564b27b8a2","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3581490787994555","authorIdStr":"3581490787994555"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/BABA\">$BABA 20220121 130.0 CALL(BABA)$</a>[Shy]&nbsp;","listText":"<a href=\"https://laohu8.com/S/BABA\">$BABA 20220121 130.0 CALL(BABA)$</a>[Shy]&nbsp;","text":"$BABA 20220121 130.0 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CALL(PFE)$GG","images":[{"img":"https://static.tigerbbs.com/95d2b6ecc361f96c0204f1d3ed4200f6","width":"828","height":"1434"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/816139296","isVote":1,"tweetType":1,"viewCount":130,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":818244460,"gmtCreate":1630417044850,"gmtModify":1631889069509,"author":{"id":"3581490787994555","authorId":"3581490787994555","name":"Willretard8","avatar":"https://static.tigerbbs.com/55d367736decafe822ab65564b27b8a2","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3581490787994555","authorIdStr":"3581490787994555"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/BABA\">$BABA 20210903 155.0 CALL(BABA)$</a>[Shy]&nbsp;","listText":"<a href=\"https://laohu8.com/S/BABA\">$BABA 20210903 155.0 CALL(BABA)$</a>[Shy]&nbsp;","text":"$BABA 20210903 155.0 CALL(BABA)$[Shy]","images":[{"img":"https://static.tigerbbs.com/bc155712be8d6703c2b96d4c04279af9","width":"828","height":"1590"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/818244460","isVote":1,"tweetType":1,"viewCount":117,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":819314071,"gmtCreate":1630033858093,"gmtModify":1704954937257,"author":{"id":"3581490787994555","authorId":"3581490787994555","name":"Willretard8","avatar":"https://static.tigerbbs.com/55d367736decafe822ab65564b27b8a2","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3581490787994555","authorIdStr":"3581490787994555"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/PFE\">$Pfizer(PFE)$</a>Ohwell","listText":"<a href=\"https://laohu8.com/S/PFE\">$Pfizer(PFE)$</a>Ohwell","text":"$Pfizer(PFE)$Ohwell","images":[{"img":"https://static.tigerbbs.com/7861d551c133bdd1b93bfa3ca70681c3","width":"828","height":"1434"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":2,"repostSize":0,"link":"https://laohu8.com/post/819314071","isVote":1,"tweetType":1,"viewCount":224,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":819337486,"gmtCreate":1630033232845,"gmtModify":1704954925149,"author":{"id":"3581490787994555","authorId":"3581490787994555","name":"Willretard8","avatar":"https://static.tigerbbs.com/55d367736decafe822ab65564b27b8a2","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3581490787994555","authorIdStr":"3581490787994555"},"themes":[],"htmlText":"Volume has been&nbsp;declining","listText":"Volume has been&nbsp;declining","text":"Volume has been declining","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/819337486","repostId":"2162847016","repostType":4,"repost":{"id":"2162847016","kind":"news","pubTimestamp":1630008724,"share":"https://www.laohu8.com/m/news/2162847016?lang=&edition=full","pubTime":"2021-08-27 04:12","market":"us","language":"en","title":"Wall Street loses ground, snapping rally on Afghanistan, Fed concerns","url":"https://stock-news.laohu8.com/highlight/detail?id=2162847016","media":"Reuters","summary":"NEW YORK, Aug 26 (Reuters) - Wall Street closed lower on Thursday, ending a streak of all-time closi","content":"<p>NEW YORK, Aug 26 (Reuters) - Wall Street closed lower on Thursday, ending a streak of all-time closing highs on concerns over developments in Afghanistan, while fears of a potential shift in U.S. Federal Reserve policy prompted a broad but shallow sell-off the day before the Jackson Hole Symposium.</p>\n<p>All three major U.S. stock indexes ended the session in the red, with the S&amp;P and the Nasdaq notching their first down day in six.</p>\n<p>The sell-off firmed after hawkish commentary from Dallas Fed President Robert Kaplan and a blast outside the Kabul airport in Afghanistan helped strengthen the risk-off sentiment.</p>\n<p>Kaplan, who is not currently a voting member of the Federal Open Markets Committee, said he believes the progress of economic recovery warrants tapering of the Fed's asset purchases to commence in October or shortly thereafter.</p>\n<p>Kaplan's remarks followed earlier comments from the St. Louis Fed President James Bullard, who said that the central bank is \"coalescing\" around a plan to begin tapering process.</p>\n<p>\"(Kaplan’s statements) caused a little confusion about the taper timeline, but in my opinion the equity markets are focused on geopolitical issues,\" said Megan Horneman, director of portfolio strategy at Verdence Capital Advisors in Hunt Valley, Maryland. \"There’s a flight to safety during geopolitical tensions.\"</p>\n<p>\"I am surprised the market the market hasn’t fallen more, given the fear that it could take focus away from (U.S. President Joe Biden's) domestic agenda,\" Horneman added.</p>\n<p>The economy grew at a slightly faster pace than originally reported in the second quarter, fully recovering its losses from the most abrupt downturn in U.S. history, according to the Commerce Department. But jobless claims, though still on a downward trajectory, ticked higher last week.</p>\n<p>The data did little to move the needle with respect to expectations that the Fed is unlikely tip its hand regarding the taper timeline when Chairman Jerome Powell unmutes and delivers his speech at Friday's virtual Jackson Hole Symposium.</p>\n<p>\"We’re going to see a lot of market participants analyze every word (Powell) uses, but at the end of the day, they will begin tapering,\" Horneman said. \"I’m more concerned about the speed at which they taper. What are they going to start with? That will give us a clearer indication as whether they’re getting more hawkish.\"</p>\n<p>The Dow Jones Industrial Average fell 192.38 points, or 0.54%, to 35,213.12, the S&amp;P 500 lost 26.19 points, or 0.58%, to 4,470 and the Nasdaq Composite dropped 96.05 points, or 0.64%, to 14,945.81.</p>\n<p>Of the 11 major sectors in the S&amp;P 500, all but real estate ended the session lower, with energy stocks suffering the steepest percentage loss.</p>\n<p>Discount retailers Dollar General Corp and Dollar Tree Inc slid 3.8% and 12.1%, respectively, after warning higher transportation costs will hurt their bottom lines.</p>\n<p>Coty Inc jumped 14.7% after the cosmetics firm said it expects to post full-year sales growth for the first time in three years.</p>\n<p>Salesforce.com Inc hiked its earnings forecast as the shift to a hybrid work model is expected to fuel strong demand. Its shares advanced 2.7%.</p>\n<p>NetApp Inc jumped 4.7% as brokerages raised their price targets in the wake of the cloud computing firm's better-than-expected 2022 earnings outlook.</p>\n<p>Declining issues outnumbered advancing ones on the NYSE by a 2.99-to-1 ratio; on Nasdaq, a 1.83-to-1 ratio favored decliners.</p>\n<p>The S&amp;P 500 posted 31 new 52-week highs and two new lows; the Nasdaq Composite recorded 82 new highs and 39 new lows.</p>\n<p>Volume on U.S. exchanges was 8.27 billion shares, compared with the 8.96 billion average over the last 20 trading days. (Reporting by Stephen Culp; Additional reporting by Devik Jain in Bengaluru Editing by Marguerita Choy)</p>","source":"yahoofinance","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Wall Street loses ground, snapping rally on Afghanistan, Fed concerns</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; 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}\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nWall Street loses ground, snapping rally on Afghanistan, Fed concerns\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-08-27 04:12 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/us-stocks-wall-street-loses-201204459.html><strong>Reuters</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>NEW YORK, Aug 26 (Reuters) - Wall Street closed lower on Thursday, ending a streak of all-time closing highs on concerns over developments in Afghanistan, while fears of a potential shift in U.S. ...</p>\n\n<a href=\"https://finance.yahoo.com/news/us-stocks-wall-street-loses-201204459.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"161125":"标普500","513500":"标普500ETF","UPRO":"三倍做多标普500ETF","SSO":"两倍做多标普500ETF","SH":"标普500反向ETF","IVV":"标普500指数ETF","SPXU":"三倍做空标普500ETF","OEF":"标普100指数ETF-iShares",".SPX":"S&P 500 Index","OEX":"标普100","SDS":"两倍做空标普500ETF","COMP":"Compass, Inc."},"source_url":"https://finance.yahoo.com/news/us-stocks-wall-street-loses-201204459.html","is_english":true,"share_image_url":"https://static.laohu8.com/5f26f4a48f9cb3e29be4d71d3ba8c038","article_id":"2162847016","content_text":"NEW YORK, Aug 26 (Reuters) - Wall Street closed lower on Thursday, ending a streak of all-time closing highs on concerns over developments in Afghanistan, while fears of a potential shift in U.S. Federal Reserve policy prompted a broad but shallow sell-off the day before the Jackson Hole Symposium.\nAll three major U.S. stock indexes ended the session in the red, with the S&P and the Nasdaq notching their first down day in six.\nThe sell-off firmed after hawkish commentary from Dallas Fed President Robert Kaplan and a blast outside the Kabul airport in Afghanistan helped strengthen the risk-off sentiment.\nKaplan, who is not currently a voting member of the Federal Open Markets Committee, said he believes the progress of economic recovery warrants tapering of the Fed's asset purchases to commence in October or shortly thereafter.\nKaplan's remarks followed earlier comments from the St. Louis Fed President James Bullard, who said that the central bank is \"coalescing\" around a plan to begin tapering process.\n\"(Kaplan’s statements) caused a little confusion about the taper timeline, but in my opinion the equity markets are focused on geopolitical issues,\" said Megan Horneman, director of portfolio strategy at Verdence Capital Advisors in Hunt Valley, Maryland. \"There’s a flight to safety during geopolitical tensions.\"\n\"I am surprised the market the market hasn’t fallen more, given the fear that it could take focus away from (U.S. President Joe Biden's) domestic agenda,\" Horneman added.\nThe economy grew at a slightly faster pace than originally reported in the second quarter, fully recovering its losses from the most abrupt downturn in U.S. history, according to the Commerce Department. But jobless claims, though still on a downward trajectory, ticked higher last week.\nThe data did little to move the needle with respect to expectations that the Fed is unlikely tip its hand regarding the taper timeline when Chairman Jerome Powell unmutes and delivers his speech at Friday's virtual Jackson Hole Symposium.\n\"We’re going to see a lot of market participants analyze every word (Powell) uses, but at the end of the day, they will begin tapering,\" Horneman said. \"I’m more concerned about the speed at which they taper. What are they going to start with? That will give us a clearer indication as whether they’re getting more hawkish.\"\nThe Dow Jones Industrial Average fell 192.38 points, or 0.54%, to 35,213.12, the S&P 500 lost 26.19 points, or 0.58%, to 4,470 and the Nasdaq Composite dropped 96.05 points, or 0.64%, to 14,945.81.\nOf the 11 major sectors in the S&P 500, all but real estate ended the session lower, with energy stocks suffering the steepest percentage loss.\nDiscount retailers Dollar General Corp and Dollar Tree Inc slid 3.8% and 12.1%, respectively, after warning higher transportation costs will hurt their bottom lines.\nCoty Inc jumped 14.7% after the cosmetics firm said it expects to post full-year sales growth for the first time in three years.\nSalesforce.com Inc hiked its earnings forecast as the shift to a hybrid work model is expected to fuel strong demand. Its shares advanced 2.7%.\nNetApp Inc jumped 4.7% as brokerages raised their price targets in the wake of the cloud computing firm's better-than-expected 2022 earnings outlook.\nDeclining issues outnumbered advancing ones on the NYSE by a 2.99-to-1 ratio; on Nasdaq, a 1.83-to-1 ratio favored decliners.\nThe S&P 500 posted 31 new 52-week highs and two new lows; the Nasdaq Composite recorded 82 new highs and 39 new lows.\nVolume on U.S. exchanges was 8.27 billion shares, compared with the 8.96 billion average over the last 20 trading days. (Reporting by Stephen Culp; Additional reporting by Devik Jain in Bengaluru Editing by Marguerita Choy)","news_type":1},"isVote":1,"tweetType":1,"viewCount":199,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":810395273,"gmtCreate":1629943081692,"gmtModify":1631889069531,"author":{"id":"3581490787994555","authorId":"3581490787994555","name":"Willretard8","avatar":"https://static.tigerbbs.com/55d367736decafe822ab65564b27b8a2","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3581490787994555","authorIdStr":"3581490787994555"},"themes":[],"htmlText":"Aka the list of overvalued stocks?","listText":"Aka the list of overvalued stocks?","text":"Aka the list of overvalued stocks?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/810395273","repostId":"1164229862","repostType":4,"isVote":1,"tweetType":1,"viewCount":333,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":810399002,"gmtCreate":1629942714806,"gmtModify":1631884929546,"author":{"id":"3581490787994555","authorId":"3581490787994555","name":"Willretard8","avatar":"https://static.tigerbbs.com/55d367736decafe822ab65564b27b8a2","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3581490787994555","authorIdStr":"3581490787994555"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/BAC\">$Bank of America(BAC)$</a>starting new trend?","listText":"<a href=\"https://laohu8.com/S/BAC\">$Bank of America(BAC)$</a>starting new trend?","text":"$Bank of America(BAC)$starting new trend?","images":[{"img":"https://static.tigerbbs.com/cf39c51873ac9e1c7659479e54580864","width":"750","height":"3096"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/810399002","isVote":1,"tweetType":1,"viewCount":142,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":810304473,"gmtCreate":1629942633592,"gmtModify":1631883797809,"author":{"id":"3581490787994555","authorId":"3581490787994555","name":"Willretard8","avatar":"https://static.tigerbbs.com/55d367736decafe822ab65564b27b8a2","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3581490787994555","authorIdStr":"3581490787994555"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/BNTX\">$BNTX 20210903 370.0 CALL(BNTX)$</a>[Smile]&nbsp;","listText":"<a href=\"https://laohu8.com/S/BNTX\">$BNTX 20210903 370.0 CALL(BNTX)$</a>[Smile]&nbsp;","text":"$BNTX 20210903 370.0 CALL(BNTX)$[Smile]","images":[{"img":"https://static.tigerbbs.com/a86562681f3c8965381048c16e013417","width":"828","height":"1434"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/810304473","isVote":1,"tweetType":1,"viewCount":249,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":834578954,"gmtCreate":1629816024978,"gmtModify":1631889069544,"author":{"id":"3581490787994555","authorId":"3581490787994555","name":"Willretard8","avatar":"https://static.tigerbbs.com/55d367736decafe822ab65564b27b8a2","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3581490787994555","authorIdStr":"3581490787994555"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/BABA\">$BABA 20210827 157.5 CALL(BABA)$</a>Baba","listText":"<a href=\"https://laohu8.com/S/BABA\">$BABA 20210827 157.5 CALL(BABA)$</a>Baba","text":"$BABA 20210827 157.5 CALL(BABA)$Baba","images":[{"img":"https://static.tigerbbs.com/2c08adb5c32498d7df72dfb3d97cdcc9","width":"828","height":"1434"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":10,"commentSize":4,"repostSize":0,"link":"https://laohu8.com/post/834578954","isVote":1,"tweetType":1,"viewCount":358,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0}],"hots":[{"id":834578954,"gmtCreate":1629816024978,"gmtModify":1631889069544,"author":{"id":"3581490787994555","authorId":"3581490787994555","name":"Willretard8","avatar":"https://static.tigerbbs.com/55d367736decafe822ab65564b27b8a2","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3581490787994555","authorIdStr":"3581490787994555"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/BABA\">$BABA 20210827 157.5 CALL(BABA)$</a>Baba","listText":"<a href=\"https://laohu8.com/S/BABA\">$BABA 20210827 157.5 CALL(BABA)$</a>Baba","text":"$BABA 20210827 157.5 CALL(BABA)$Baba","images":[{"img":"https://static.tigerbbs.com/2c08adb5c32498d7df72dfb3d97cdcc9","width":"828","height":"1434"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":10,"commentSize":4,"repostSize":0,"link":"https://laohu8.com/post/834578954","isVote":1,"tweetType":1,"viewCount":358,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":805909514,"gmtCreate":1627830404538,"gmtModify":1633756076540,"author":{"id":"3581490787994555","authorId":"3581490787994555","name":"Willretard8","avatar":"https://static.tigerbbs.com/55d367736decafe822ab65564b27b8a2","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3581490787994555","authorIdStr":"3581490787994555"},"themes":[],"htmlText":"Always prepared for any&nbsp;correction","listText":"Always prepared for any&nbsp;correction","text":"Always prepared for any correction","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":9,"commentSize":3,"repostSize":0,"link":"https://laohu8.com/post/805909514","repostId":"1142925544","repostType":4,"repost":{"id":"1142925544","kind":"news","pubTimestamp":1627787240,"share":"https://www.laohu8.com/m/news/1142925544?lang=&edition=full","pubTime":"2021-08-01 11:07","market":"us","language":"en","title":"Investors, Beware! Stocks Are Entering the Most Dangerous Stretch of the Year","url":"https://stock-news.laohu8.com/highlight/detail?id=1142925544","media":"Barron's","summary":"“Yes, it’s summer, my time of year,”as the group War sangin that golden oldie “Summer” from the 1970","content":"<p>“Yes, it’s summer, my time of year,”as the group War sangin that golden oldie “Summer” from the 1970s, recalling pleasant times at the beach or by the barbecue. No need to remind anyone back then of droughts, wildfires, or Covid-19 surges that are unfortunate features of the steamy season this year.</p>\n<p>But the coming of August also means entering what historically has been the most treacherous stretch of the year for stocks, according to data going back to 1928 compiled by Bank of America analyst Stephen Suttmeier. He finds that theS&amp;P 500index had a negative return averaging 0.03% in August, September, and October—the worst three-month span of the year for the big-cap benchmark. In fact, they constitute the only three-month period that averages in the red.</p>\n<p>August actually is bracketed by the best and worst months of the year, he adds in a research note. July averages a 1.58% return on the S&amp;P 500, with positive results 59.1% of the time, while September averages a negative 1.03%, ending in the plus column less than half of the time, or 45%.</p>\n<p>This July did even better than the norm, with the S&amp;P 500 gaining 2.27%. It also was the sixth consecutive up month for the index—the longest positive streak since September 2018, according to Dow Jones’ statistical mavens. During that period, its cumulative advance was 18.34%.</p>\n<p>August’s record is in between, with an average 0.70% S&amp;P 500 return and positive results 58.1% of the time, marking a transition from the “summer rip” to the “fall dip.”</p>\n<p>Not surprisingly, the laggard returns of the August-October period are accompanied by an uptick in volatility, Suttmeier finds. Based on records going back to 1992, theCboe Volatility Index,or VIX, has often seen spikes during those months, following relatively subdued volatility in the April-July period.</p>\n<p>Past isn’t necessarily prologue, but if it is, the timing of the initial public offering byRobinhood Markets(ticker: HOOD) might prove propitious, if the stock market does have its typical seasonal rough patch. The online broker, whose putative mission is to open investing to novices supposedly ignored by established outfits, sold 55 million shares at $38 on Thursday. In the process, it provided a valuable lesson to all those who got in on the IPO: Buy low and sell high.</p>\n<p>The company evidently fulfilled the latter imperative, selling its shares high, even though they were priced at the low end of the expected $38-$42 range. Their price sank 8.4% on their first day of trading, although they recouped a bit on Friday. By week’s end, buyers of Robinhood’s IPO who held were down 7.5%.</p>\n<p>Among those who sold high were the company’s co-founders, CEO Vladimir Tenev and Chief Creative Officer Baiju Bhatt, who each offloaded 1.25 million shares in the IPO. As my illustrious predecessor, Alan Abelson, liked to observe, there are many good reasons to sell a stock, but expecting it to go up isn’t one of them. That has never been more true, given the ability of rich owners to monetize their assets by borrowing against them cheaply, and without incurring capital-gains taxes.</p>\n<p>To be sure, Tenev and Bhatt still have significant stakes in Robinhood. Asour colleague Avi Salzman reported, these were worth $2.5 billion at the initial offering price, and Tenev and Bhatt retain voting control. The two also could receive awards of shares worth as much as $6.7 billion for Tenev and $4 billion for Bhatt, if the stock hits $300, or nearly the proverbial ten-bagger from here.</p>\n<p>But in a blow against income inequality, the potential billionaire pair took symbolic pay cuts, to $34,248, the average annual wage of American workers. As the comedian Yakov Smirnoff likes to say, “What a country!”</p>\n<p>How those workers are faring will be a subject of the monthly employment report slated for release this coming Friday.</p>\n<p>Economists’ forecasts for nonfarm payrolls center around a gain of 900,000. Jefferies economists Aneta Markowska and Thomas Simons estimate that the increase could top the long-anticipated one million mark; they forecast 1.2 million.</p>\n<p>Markowska and Simons think the expiration of supplemental unemployment benefits in some states will boost the labor supply, although that is a matter of significant debate. (For more on the jobs market, seethis week’s cover story.)</p>\n<p></p>","source":"lsy1610680873436","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>Investors, Beware! Stocks Are Entering the Most Dangerous Stretch of the Year</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\">\nInvestors, Beware! Stocks Are Entering the Most Dangerous Stretch of the Year\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-08-01 11:07 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.barrons.com/articles/stocks-news-robinhood-sp500-51627692215?mod=hp_LATEST><strong>Barron's</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>“Yes, it’s summer, my time of year,”as the group War sangin that golden oldie “Summer” from the 1970s, recalling pleasant times at the beach or by the barbecue. No need to remind anyone back then of ...</p>\n\n<a href=\"https://www.barrons.com/articles/stocks-news-robinhood-sp500-51627692215?mod=hp_LATEST\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".IXIC":"NASDAQ Composite",".DJI":"道琼斯",".SPX":"S&P 500 Index","SPY":"标普500ETF"},"source_url":"https://www.barrons.com/articles/stocks-news-robinhood-sp500-51627692215?mod=hp_LATEST","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1142925544","content_text":"“Yes, it’s summer, my time of year,”as the group War sangin that golden oldie “Summer” from the 1970s, recalling pleasant times at the beach or by the barbecue. No need to remind anyone back then of droughts, wildfires, or Covid-19 surges that are unfortunate features of the steamy season this year.\nBut the coming of August also means entering what historically has been the most treacherous stretch of the year for stocks, according to data going back to 1928 compiled by Bank of America analyst Stephen Suttmeier. He finds that theS&P 500index had a negative return averaging 0.03% in August, September, and October—the worst three-month span of the year for the big-cap benchmark. In fact, they constitute the only three-month period that averages in the red.\nAugust actually is bracketed by the best and worst months of the year, he adds in a research note. July averages a 1.58% return on the S&P 500, with positive results 59.1% of the time, while September averages a negative 1.03%, ending in the plus column less than half of the time, or 45%.\nThis July did even better than the norm, with the S&P 500 gaining 2.27%. It also was the sixth consecutive up month for the index—the longest positive streak since September 2018, according to Dow Jones’ statistical mavens. During that period, its cumulative advance was 18.34%.\nAugust’s record is in between, with an average 0.70% S&P 500 return and positive results 58.1% of the time, marking a transition from the “summer rip” to the “fall dip.”\nNot surprisingly, the laggard returns of the August-October period are accompanied by an uptick in volatility, Suttmeier finds. Based on records going back to 1992, theCboe Volatility Index,or VIX, has often seen spikes during those months, following relatively subdued volatility in the April-July period.\nPast isn’t necessarily prologue, but if it is, the timing of the initial public offering byRobinhood Markets(ticker: HOOD) might prove propitious, if the stock market does have its typical seasonal rough patch. The online broker, whose putative mission is to open investing to novices supposedly ignored by established outfits, sold 55 million shares at $38 on Thursday. In the process, it provided a valuable lesson to all those who got in on the IPO: Buy low and sell high.\nThe company evidently fulfilled the latter imperative, selling its shares high, even though they were priced at the low end of the expected $38-$42 range. Their price sank 8.4% on their first day of trading, although they recouped a bit on Friday. By week’s end, buyers of Robinhood’s IPO who held were down 7.5%.\nAmong those who sold high were the company’s co-founders, CEO Vladimir Tenev and Chief Creative Officer Baiju Bhatt, who each offloaded 1.25 million shares in the IPO. As my illustrious predecessor, Alan Abelson, liked to observe, there are many good reasons to sell a stock, but expecting it to go up isn’t one of them. That has never been more true, given the ability of rich owners to monetize their assets by borrowing against them cheaply, and without incurring capital-gains taxes.\nTo be sure, Tenev and Bhatt still have significant stakes in Robinhood. Asour colleague Avi Salzman reported, these were worth $2.5 billion at the initial offering price, and Tenev and Bhatt retain voting control. The two also could receive awards of shares worth as much as $6.7 billion for Tenev and $4 billion for Bhatt, if the stock hits $300, or nearly the proverbial ten-bagger from here.\nBut in a blow against income inequality, the potential billionaire pair took symbolic pay cuts, to $34,248, the average annual wage of American workers. As the comedian Yakov Smirnoff likes to say, “What a country!”\nHow those workers are faring will be a subject of the monthly employment report slated for release this coming Friday.\nEconomists’ forecasts for nonfarm payrolls center around a gain of 900,000. Jefferies economists Aneta Markowska and Thomas Simons estimate that the increase could top the long-anticipated one million mark; they forecast 1.2 million.\nMarkowska and Simons think the expiration of supplemental unemployment benefits in some states will boost the labor supply, although that is a matter of significant debate. (For more on the jobs market, seethis week’s cover story.)","news_type":1},"isVote":1,"tweetType":1,"viewCount":251,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":883719635,"gmtCreate":1631272463727,"gmtModify":1631883903105,"author":{"id":"3581490787994555","authorId":"3581490787994555","name":"Willretard8","avatar":"https://static.tigerbbs.com/55d367736decafe822ab65564b27b8a2","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3581490787994555","authorIdStr":"3581490787994555"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/PFE\">$PFE 20210910 48.0 CALL(PFE)$</a>GG&nbsp;","listText":"<a href=\"https://laohu8.com/S/PFE\">$PFE 20210910 48.0 CALL(PFE)$</a>GG&nbsp;","text":"$PFE 20210910 48.0 CALL(PFE)$GG","images":[{"img":"https://static.tigerbbs.com/f002a6f18648611bbfc90d627fd3275b","width":"828","height":"1434"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":5,"repostSize":0,"link":"https://laohu8.com/post/883719635","isVote":1,"tweetType":1,"viewCount":314,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":891448922,"gmtCreate":1628418213566,"gmtModify":1631891493985,"author":{"id":"3581490787994555","authorId":"3581490787994555","name":"Willretard8","avatar":"https://static.tigerbbs.com/55d367736decafe822ab65564b27b8a2","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3581490787994555","authorIdStr":"3581490787994555"},"themes":[],"htmlText":"Usd140b cash? Hmm","listText":"Usd140b cash? Hmm","text":"Usd140b cash? Hmm","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":2,"repostSize":0,"link":"https://laohu8.com/post/891448922","repostId":"1139912651","repostType":4,"isVote":1,"tweetType":1,"viewCount":65,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":173387949,"gmtCreate":1626617600881,"gmtModify":1631884440011,"author":{"id":"3581490787994555","authorId":"3581490787994555","name":"Willretard8","avatar":"https://static.tigerbbs.com/55d367736decafe822ab65564b27b8a2","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3581490787994555","authorIdStr":"3581490787994555"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/BA\">$Boeing(BA)$</a>when to long&nbsp;","listText":"<a href=\"https://laohu8.com/S/BA\">$Boeing(BA)$</a>when to long&nbsp;","text":"$Boeing(BA)$when to long","images":[{"img":"https://static.tigerbbs.com/23c79bc4bed1095ad82b827dada8c438","width":"750","height":"2556"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":4,"repostSize":0,"link":"https://laohu8.com/post/173387949","isVote":1,"tweetType":1,"viewCount":451,"authorTweetTopStatus":1,"verified":2,"comments":[{"author":{"id":"3492666186842287","authorId":"3492666186842287","name":"马甲","avatar":"https://static.tigerbbs.com/0313a49e0eab3259826c3cbaa473b1c4","crmLevel":1,"crmLevelSwitch":0,"idStr":"3492666186842287","authorIdStr":"3492666186842287"},"content":"最近疫情叠加大盘。留点资金。200左右应该可以买","text":"最近疫情叠加大盘。留点资金。200左右应该可以买","html":"最近疫情叠加大盘。留点资金。200左右应该可以买"}],"imageCount":1,"langContent":"EN","totalScore":0},{"id":892275983,"gmtCreate":1628669253742,"gmtModify":1631891493976,"author":{"id":"3581490787994555","authorId":"3581490787994555","name":"Willretard8","avatar":"https://static.tigerbbs.com/55d367736decafe822ab65564b27b8a2","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3581490787994555","authorIdStr":"3581490787994555"},"themes":[],"htmlText":"Banks too?","listText":"Banks too?","text":"Banks too?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":8,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/892275983","repostId":"1147144306","repostType":4,"repost":{"id":"1147144306","kind":"news","pubTimestamp":1628651652,"share":"https://www.laohu8.com/m/news/1147144306?lang=&edition=full","pubTime":"2021-08-11 11:14","market":"hk","language":"en","title":"What stocks and sectors will benefit from the infrastructure bill?","url":"https://stock-news.laohu8.com/highlight/detail?id=1147144306","media":"Market Wacth","summary":"What assets are set to score a boost after the U.S. Senate passed a roughly $1 trillion infrastructure package with broad bipartisan support Tuesday, putting it on track to possibly be passed by the House and be signed into law by President Joe Biden?Thebill reauthorizes spendingon existing federal public-works programs and pours a fresh $550 billion into water projects, the electrical grid and safety efforts. It includes $110 billion for roads, bridges and other projects, as well as $66 billion","content":"<p>What assets are set to score a boost after the U.S. Senate passed a roughly $1 trillion infrastructure package with broad bipartisan support Tuesday, putting it on track to possibly be passed by the House and be signed into law by President Joe Biden?</p>\n<p>Thebill reauthorizes spendingon existing federal public-works programs and pours a fresh $550 billion into water projects, the electrical grid and safety efforts. It includes $110 billion for roads, bridges and other projects, as well as $66 billion for rail, $65 billion for broadband internet and $55 billion for water systems.</p>\n<p>Some analysts say that much of the bill’s positive impact on the economy have already been priced into financial markets but it is possible that a further fillip for stocks could be enjoyed, especially as worries linger about the potential for the delta variant of COVID-19 to stymie aspects of the economic recovery from the deadly pandemic.</p>\n<p>“The passage of the&nbsp;infrastructure&nbsp;bill is a nice headline but unlikely to be a big market mover at this point,” wrote Brian Price, head of investment management at Commonwealth Financial Network in emailed remarks.</p>\n<p>“I think a lot of the enthusiasm has been priced in over the past few weeks and investors are focused on other factors at this point,” he said, perhaps, referring to investors’ current fixation over the likelihood that the Federal Reserve will taper its monthly purchases of $120 billion in Treasurys and mortgage-backed securities, which had helped to stabilize the market during the height the pandemic back in March and April of 2020.</p>\n<p>Still, the stock market was headed higher on Tuesday, with the Dow Jones Industrial AverageDJIA,+0.46%and S&amp;P 500SPX,+0.10%at or near all-time closing highs, after the bill’s passage in the Upper chamber, with a 69-to-30 vote, with 19 Republicans also joining the Democratic yeas, The Wall Street Journal reported.</p>\n<p>A popular exchange-traded fund that offers exposure to stocks that would benefit from an infrastructure bill, the <a href=\"https://laohu8.com/S/EFFE\">Global X</a> U.S. Infrastructure Development ETFPAVE,+2.19%,was up 2.2% on Tuesday and has climbed 4.7% within the past 30 days, FactSet data show.<img src=\"https://static.tigerbbs.com/d21f2ed025a84fdc2840732cbf4dff62\" tg-width=\"825\" tg-height=\"525\" referrerpolicy=\"no-referrer\">Pave the way higher?The 'PAVE' ETF has been rising over the past 30 daysGlobal X US Infrastructure Development ETFSource: FactSetAs of Aug. 10, 4 p.m. ETJune 2021Aug.24.525.025.526.026.527.0$27.5</p>\n<p>PAVE, referring to the infrastructure ETFs ticker symbol is up 28% so far in 2021, compared with year-to-date gains of around 15% for the S&amp;P 500 and the Dow.</p>\n<p>PAVE holds 100 stocks, from small-cap to large-cap companies, that derive at least 50% of revenue from infrastructure construction, materials and equipment supply and related services in the U.S.</p>\n<p>Similarly, the <a href=\"https://laohu8.com/S/IFRA\">iShares U.S. Infrastructure ETF</a>IFRA,+1.45%,another way to play infrastructure, rose 1.3% on Tuesday and is up nearly 22% in the first eight months of the year. The iShares ETF also includes 20 electric utilities and four water utilities, and for that reason isn’t always viewed as a pure-play infrastructure fund.</p>\n<p>The Industrial <a href=\"https://laohu8.com/S/SLCT\">Select</a> Sector SPDR ETFXLI,+1.02%,which tracks the S&amp;P 500’s industrial sector, was up 1% on Tuesday and has gained nearly 18% in the year so far.</p>\n<p>Back in the spring MarketWatch’s Philip van Doorn wrote that there are about 20 companies that are included in PAVE that might have the most upsidepotential for investors. Those include <a href=\"https://laohu8.com/S/TISI\">Team</a> Inc., which was up 4.4% on Tuesday but has declined 56% in the year to date and <a href=\"https://laohu8.com/S/PRIM\">Primoris</a>, which was up 2.9% on the day but down 3.6% so far this year.</p>\n<table>\n <tbody>\n  <tr>\n   <td><b>Company names</b></td>\n   <td><b>YTD % return</b></td>\n  </tr>\n  <tr>\n   <td>Team Inc.TISI,+4.37%</td>\n   <td>-56.83</td>\n  </tr>\n  <tr>\n   <td>Primoris Services Corp.PRIM,+2.90%</td>\n   <td>-3.6%</td>\n  </tr>\n  <tr>\n   <td><a href=\"https://laohu8.com/S/CMCO\">Columbus McKinnon</a> Corp.CMCO,+2.03%</td>\n   <td>17.6%</td>\n  </tr>\n  <tr>\n   <td><a href=\"https://laohu8.com/S/BLDR\">Builders FirstSource</a> Inc.BLDR,+2.72%</td>\n   <td>19.6%</td>\n  </tr>\n  <tr>\n   <td><a href=\"https://laohu8.com/S/WMS\">Advanced Drainage</a> Systems Inc.WMS,+1.89%</td>\n   <td>40%</td>\n  </tr>\n  <tr>\n   <td><a href=\"https://laohu8.com/S/AIMCV\">Altra Industrial Motion Corp.</a>AIMC,+3.15%</td>\n   <td>10.5%</td>\n  </tr>\n  <tr>\n   <td><a href=\"https://laohu8.com/S/DY\">Dycom</a> IndustriesDY,-0.96%</td>\n   <td>-5.7%</td>\n  </tr>\n  <tr>\n   <td>Cleveland-Cliffs Inc.CLF,+5.05%</td>\n   <td>78.7%</td>\n  </tr>\n  <tr>\n   <td><a href=\"https://laohu8.com/S/RXN\">Rexnord</a> Corp.RXN,+1.91%</td>\n   <td>51%</td>\n  </tr>\n  <tr>\n   <td><a href=\"https://laohu8.com/S/HRI\">Herc</a> Holdings Inc.HRI,+2.28%</td>\n   <td>90%</td>\n  </tr>\n </tbody>\n</table>\n<p>Overall, the investment in infrastructure is the biggest investment in roads, bridges and tunnels and other areas of America’s inner workings in a generation.</p>\n<p>Edward Moya, analyst at Oanda, said that the infrastructure package, should it get quickly passed by the House, is very constructive in “driving the cyclical trade,” particularly as there have been concerns about the delta variant of COVID.</p>\n<p>“Spending will take a few years to ramp up and will in any case be spread over the rest of the decade,” said Michael Pearce, senior U.S. economist at Capital Economics, in a recent note.</p>","source":"lsy1604288433698","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>What stocks and sectors will benefit from the infrastructure bill?</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; 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overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nWhat stocks and sectors will benefit from the infrastructure bill?\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-08-11 11:14 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.marketwatch.com/story/what-stocks-and-sectors-will-benefit-from-the-infrastructure-bill-11628628331?mod=home-page><strong>Market Wacth</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>What assets are set to score a boost after the U.S. Senate passed a roughly $1 trillion infrastructure package with broad bipartisan support Tuesday, putting it on track to possibly be passed by the ...</p>\n\n<a href=\"https://www.marketwatch.com/story/what-stocks-and-sectors-will-benefit-from-the-infrastructure-bill-11628628331?mod=home-page\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"HRI":"Herc Holdings Inc.","WMS":"Advanced Drainage","PRIM":"Primoris Services Corporation","BLDR":"Builders FirstSource","DY":"戴康工业","IFRA":"iShares U.S. Infrastructure ETF","CLF":"克利夫兰克里夫","CMCO":"哥伦布-麦金农","TISI":"Team Inc","XLI":"工业指数ETF-SPDR"},"source_url":"https://www.marketwatch.com/story/what-stocks-and-sectors-will-benefit-from-the-infrastructure-bill-11628628331?mod=home-page","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1147144306","content_text":"What assets are set to score a boost after the U.S. Senate passed a roughly $1 trillion infrastructure package with broad bipartisan support Tuesday, putting it on track to possibly be passed by the House and be signed into law by President Joe Biden?\nThebill reauthorizes spendingon existing federal public-works programs and pours a fresh $550 billion into water projects, the electrical grid and safety efforts. It includes $110 billion for roads, bridges and other projects, as well as $66 billion for rail, $65 billion for broadband internet and $55 billion for water systems.\nSome analysts say that much of the bill’s positive impact on the economy have already been priced into financial markets but it is possible that a further fillip for stocks could be enjoyed, especially as worries linger about the potential for the delta variant of COVID-19 to stymie aspects of the economic recovery from the deadly pandemic.\n“The passage of the infrastructure bill is a nice headline but unlikely to be a big market mover at this point,” wrote Brian Price, head of investment management at Commonwealth Financial Network in emailed remarks.\n“I think a lot of the enthusiasm has been priced in over the past few weeks and investors are focused on other factors at this point,” he said, perhaps, referring to investors’ current fixation over the likelihood that the Federal Reserve will taper its monthly purchases of $120 billion in Treasurys and mortgage-backed securities, which had helped to stabilize the market during the height the pandemic back in March and April of 2020.\nStill, the stock market was headed higher on Tuesday, with the Dow Jones Industrial AverageDJIA,+0.46%and S&P 500SPX,+0.10%at or near all-time closing highs, after the bill’s passage in the Upper chamber, with a 69-to-30 vote, with 19 Republicans also joining the Democratic yeas, The Wall Street Journal reported.\nA popular exchange-traded fund that offers exposure to stocks that would benefit from an infrastructure bill, the Global X U.S. Infrastructure Development ETFPAVE,+2.19%,was up 2.2% on Tuesday and has climbed 4.7% within the past 30 days, FactSet data show.Pave the way higher?The 'PAVE' ETF has been rising over the past 30 daysGlobal X US Infrastructure Development ETFSource: FactSetAs of Aug. 10, 4 p.m. ETJune 2021Aug.24.525.025.526.026.527.0$27.5\nPAVE, referring to the infrastructure ETFs ticker symbol is up 28% so far in 2021, compared with year-to-date gains of around 15% for the S&P 500 and the Dow.\nPAVE holds 100 stocks, from small-cap to large-cap companies, that derive at least 50% of revenue from infrastructure construction, materials and equipment supply and related services in the U.S.\nSimilarly, the iShares U.S. Infrastructure ETFIFRA,+1.45%,another way to play infrastructure, rose 1.3% on Tuesday and is up nearly 22% in the first eight months of the year. The iShares ETF also includes 20 electric utilities and four water utilities, and for that reason isn’t always viewed as a pure-play infrastructure fund.\nThe Industrial Select Sector SPDR ETFXLI,+1.02%,which tracks the S&P 500’s industrial sector, was up 1% on Tuesday and has gained nearly 18% in the year so far.\nBack in the spring MarketWatch’s Philip van Doorn wrote that there are about 20 companies that are included in PAVE that might have the most upsidepotential for investors. Those include Team Inc., which was up 4.4% on Tuesday but has declined 56% in the year to date and Primoris, which was up 2.9% on the day but down 3.6% so far this year.\n\n\n\nCompany names\nYTD % return\n\n\nTeam Inc.TISI,+4.37%\n-56.83\n\n\nPrimoris Services Corp.PRIM,+2.90%\n-3.6%\n\n\nColumbus McKinnon Corp.CMCO,+2.03%\n17.6%\n\n\nBuilders FirstSource Inc.BLDR,+2.72%\n19.6%\n\n\nAdvanced Drainage Systems Inc.WMS,+1.89%\n40%\n\n\nAltra Industrial Motion Corp.AIMC,+3.15%\n10.5%\n\n\nDycom IndustriesDY,-0.96%\n-5.7%\n\n\nCleveland-Cliffs Inc.CLF,+5.05%\n78.7%\n\n\nRexnord Corp.RXN,+1.91%\n51%\n\n\nHerc Holdings Inc.HRI,+2.28%\n90%\n\n\n\nOverall, the investment in infrastructure is the biggest investment in roads, bridges and tunnels and other areas of America’s inner workings in a generation.\nEdward Moya, analyst at Oanda, said that the infrastructure package, should it get quickly passed by the House, is very constructive in “driving the cyclical trade,” particularly as there have been concerns about the delta variant of COVID.\n“Spending will take a few years to ramp up and will in any case be spread over the rest of the decade,” said Michael Pearce, senior U.S. economist at Capital Economics, in a recent note.","news_type":1},"isVote":1,"tweetType":1,"viewCount":74,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":805903838,"gmtCreate":1627830500824,"gmtModify":1633756075934,"author":{"id":"3581490787994555","authorId":"3581490787994555","name":"Willretard8","avatar":"https://static.tigerbbs.com/55d367736decafe822ab65564b27b8a2","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3581490787994555","authorIdStr":"3581490787994555"},"themes":[],"htmlText":"Earnings season","listText":"Earnings season","text":"Earnings season","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":2,"repostSize":0,"link":"https://laohu8.com/post/805903838","repostId":"1106964638","repostType":4,"isVote":1,"tweetType":1,"viewCount":87,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":156669918,"gmtCreate":1625218571734,"gmtModify":1633942438278,"author":{"id":"3581490787994555","authorId":"3581490787994555","name":"Willretard8","avatar":"https://static.tigerbbs.com/55d367736decafe822ab65564b27b8a2","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3581490787994555","authorIdStr":"3581490787994555"},"themes":[],"htmlText":"Hmm","listText":"Hmm","text":"Hmm","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":2,"repostSize":0,"link":"https://laohu8.com/post/156669918","repostId":"1113667158","repostType":4,"repost":{"id":"1113667158","kind":"news","pubTimestamp":1625218111,"share":"https://www.laohu8.com/m/news/1113667158?lang=&edition=full","pubTime":"2021-07-02 17:28","market":"us","language":"en","title":"Netflix Stock Forecast: Is More Growth In Store?","url":"https://stock-news.laohu8.com/highlight/detail?id=1113667158","media":"seekingalpha","summary":"Summary\n\nPrior to 2020, I was bearish on Netflix due to negative cash flow and a speculative busines","content":"<p><b>Summary</b></p>\n<ul>\n <li>Prior to 2020, I was bearish on Netflix due to negative cash flow and a speculative business model.</li>\n <li>If not for the pandemic, these concerns might have mattered. Instead, with billions of people locked at home, Netflix gained nearly 37 million new subscribers in 2020.</li>\n <li>Monthly subscribers are pretty sticky, and the cash flow gains should be more or less locked-in for Netflix.</li>\n <li>With a massive subscriber base and positive cash flow, Netflix has a ton of optionality. Netflix plans to get into the merchandising business as well, bringing new opportunities to profit.</li>\n</ul>\n<p><b>Why I Changed My Mind on Netflix</b></p>\n<p>Back in 2019, I wrote an article about why I was bearish on Netflix (NFLX). Today, I'm sharing why I've changed my mind and bought NFLX stock. At the time of my prior article, Netflix had negative cash flow, was losing US subscribers, and was still borrowing heavily in the junk bond market to produce content. What I never foresaw–less than a year after writing that article, the world stopped on a dime with government-imposed shutdowns. After the lockdowns, I found that nights out on the town with friends were replaced with entertainment at home. I wasn't alone in the change. In 2020, Netflixgained nearly 37 millionsubscribers, putting their global total at 200+ million.</p>\n<p>The rush of new subscribers means more leverage/pricing power to license content, better cash flow, and with that cash the ability to produce high-quality content at a low cost of capital. The network effect of gaining subscribers means that the more Netflix grows, the better the economics of the business is for them. As such, NFLX stock was very strong during the start of the pandemic but has traded sideways recently. I'm constantly throwing water on tech valuations here–the truth is that large sections of large-cap tech are currently overvalued. Netflix has a high valuation as well, but continued subscriber growth and the inherent stickiness of subscription revenue gives Netflix a lot of optionality that can help NFLX stock appreciate in value. NLFX may not be as expensive as it looks if growth trends continue over the next few years. Last quarter, for example, analysts expected Netflix to earn $2.99, they crushed estimates andended up earning $3.75,yet the stock got crushed because traders wanted even more. If you're willing to buy and wait a year or two, I think Netflix could pull through yet again with big gains.</p>\n<p><img src=\"https://static.tigerbbs.com/2445c827bb25b60b6679b7b1bfee9c6e\" tg-width=\"635\" tg-height=\"449\"></p>\n<p>Data by YCharts</p>\n<p>It's also worth discussing what is going on with the competition. Amazon (AMZN) is facing increasing amounts of political pressure and antitrust scrutiny, while Apple (AAPL) faces antitrust action in the EU over its music streaming service. Netflix has roughly 1/10 of the market capitalization of Apple and Amazon and is not getting heavily involved in political food fights the way other tech companies are. This should allow Netflix to focus on executing its business plan while competitors focus on putting out fires in Washington DC.</p>\n<p><b>Is Netflix Stock a Buy Now?</b></p>\n<p>The valuation is high, but over the long run, Netflix's subscriber growth curve over the last 20 years has been nothing short of incredible. As subscribers continue to grow, margins should grow as well, and Netflix can start producing more and more cash flow. Assuming growth can keep rolling in, Netflix stock is an easy buy.</p>\n<p><img src=\"https://static.tigerbbs.com/3faa28f8d9f3e9b96bf2ff916532dd9f\" tg-width=\"640\" tg-height=\"485\"></p>\n<p><i>Source:Backlinko</i></p>\n<p>Behind the growth curve lies a history of a company that almost didn't make it to where it is today. In September 2000, Netflix was in trouble as the dot-com boom turned to bust. Netflix CEO Reed Hastings and a few of his lieutenants were summoned to Blockbuster headquarters in Dallas. On the table– a proposed rescue of Netflix by Blockbuster. Netflix would become Blockbuster's online and mail rental division, while Blockbuster would focus on retail. Hastings proposed that Netflix and Blockbuster join forces. His price? $50 million. Netflix executives werelaughed out of the meeting.</p>\n<p>Netflix found the financing they needed to survive elsewhere, and the meeting in Dallas went down as one of the most ironic in the history of tech, with Blockbuster going out of business less than 10 years later and Netflix becoming one of the best-performing stocks of the 21st century.</p>\n<p>Are stories like these just survivorship bias? No one knows for sure. Apple nearly went bankrupt in the 1990s, Netflix turned down a buyout offer from Amazon in 1998, and countless other high-flying tech companies either failed or were bought out at low prices by competitors. Netflix became a heavily shorted stock in the 2010s but proved doubters wrong, raising the money they needed to cover their losses while rapidly growing subscribers. Today's Netflix is different, with the company having a well-entrenched network effect and optionality to monetize subscribers in different ways. Netflix'scredit rating has been upgraded, and the company looks like it will be upgraded to investment grade soon. For example, Netflix could use their lower cost of capital to buy a Hollywood studio, a Bollywood studio, and/or a live sports TV provider like fuboTV (FUBO). Going up the food chain, it's possible that Apple could acquire Netflix. Netflix is also looking to make money through an online merchandise shop, which I'll cover in a bit.</p>\n<p><b>Netflix Stock Forecast</b></p>\n<p>In 2021, analysts expect Netflixto earn$10.59 per share. For 2022, analysts expect $13.05 in earnings. At least 10 sell-side analysts are providing estimates to 2025 when they expect Netflix to earn $25.66 per share (I generally crowdsource earnings estimates and make adjustments when I think there is a systematic bias). At today's stock price and 2025 earnings, Netflix would be trading for only 21x earnings. Netflix's high valuation creates risks, but the large subscriber base means that NFLX has many routes to growth. If NFLX can maintain a multiple of 35x in 2025 and analyst earnings estimates are correct, then that would imply a 2025 price for NFLX of roughly $930 per share.</p>\n<p>This means a total return for NFLX of roughly 15 percent per year assuming a moderate amount of multiple contraction and steady growth. Stocks like NFLX are notoriously hard to value, the range of analyst earnings estimates are wide and P/E ratios for growth stocks fluctuate in line with market conditions. The analyst numbers seem reasonable, and they may be too low if Netflix finds clever ways to monetize their subscribers. Any time you buy a stock like Netflix for as high as a multiple as it trades for, you incur risk. Given the long-term growth trends, however, I think that the risk is more than offset by the potential upside if Netflix is part of a well-diversified portfolio.</p>\n<p>Overall, NFLX is a reasonable investment. In the event of a market pullback, NFLX could be a great stock to buy on the tip. I believe that NFLX has a much easier path to doubling in price than other FAANG stocks. I own a lot of value stocks, so I buy tech as well to balance out the portfolio. Netflix has a much smaller market cap and a subscription-based model. Apple, Amazon, and Facebook's(NASDAQ:FB)ability to grow are increasingly constrained by politics. Facebook was pretty cheap in the fall, now I think it's fairly valued going forward. After analyzing all of them, I think Netflix and Google(NASDAQ:GOOG)(NASDAQ:GOOGL)will have the best returns of the FAANG stocks going forward. For Netflix in particular, one more potential opportunity comes from their online shop.</p>\n<p><b>Netflix's Online Shop</b></p>\n<p>Netflix is making its first entry into e-commerce with the opening ofNetflix.shop. Fans will be able to buy merchandise related to Netflix's content at a price point from $30 to $135. This takes a page out of Disney's (DIS) playbook, which makes billions of dollars per year fromlicensing and selling merchandise. Disney makes $3 billion per yearfrom licensing alone with very little cost or risk associated.</p>\n<p>Netflix alsocut a dealwith Steven Spielberg's production company. Spielberg directed the popular Indiana Jones movies and Jurassic Park. Spielberg is 74 years old as of my writing this but may have at least one big hit left in his career. The idea may be that Netflix can get some synergy out of Spielberg's new productions and their online merchandise shop. Netflix has everything to gain and little to lose from merchandising, and developing alternative streams of revenue can help sustain Netflix's P/E multiple and offer new routes to growth.</p>\n<p>With 200+ million subscribers, this is just one way that Netflix can earn more money from their customers. While I don't know whether Netflix can approach the level of success that Disney has had with merchandising, they are following a proven and effective business model that movie studios have used to milk additional profit out of the money they spend on creating content.</p>\n<p><b>Conclusion</b></p>\n<p>Netflix's huge gains in subscribers came at the perfect time. With production restarting after the coronavirus and Netflix having a current audience of over 200 million subscribers, there are plenty of ways for the stock to grow into its valuation. With an improved credit rating and cheap capital at its disposal, Netflix could look to make acquisitions or continue to invest in content without fear of a shortfall of cash. Netflix is cash flow positive and has great optionality from making acquisitions, growing organically, and executing existing business plans like its online shop. With consensus earnings estimates looking good and a deeply entrenched network effect, Netflix stock could steadily appreciate over the coming years.</p>","source":"seekingalpha","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>Netflix Stock Forecast: Is More Growth In Store?</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\">\nNetflix Stock Forecast: Is More Growth In Store?\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-07-02 17:28 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://seekingalpha.com/article/4437324-netflix-stock-forecast-is-more-growth-in-store><strong>seekingalpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Summary\n\nPrior to 2020, I was bearish on Netflix due to negative cash flow and a speculative business model.\nIf not for the pandemic, these concerns might have mattered. Instead, with billions of ...</p>\n\n<a href=\"https://seekingalpha.com/article/4437324-netflix-stock-forecast-is-more-growth-in-store\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"NFLX":"奈飞"},"source_url":"https://seekingalpha.com/article/4437324-netflix-stock-forecast-is-more-growth-in-store","is_english":true,"share_image_url":"https://static.laohu8.com/5a36db9d73b4222bc376d24ccc48c8a4","article_id":"1113667158","content_text":"Summary\n\nPrior to 2020, I was bearish on Netflix due to negative cash flow and a speculative business model.\nIf not for the pandemic, these concerns might have mattered. Instead, with billions of people locked at home, Netflix gained nearly 37 million new subscribers in 2020.\nMonthly subscribers are pretty sticky, and the cash flow gains should be more or less locked-in for Netflix.\nWith a massive subscriber base and positive cash flow, Netflix has a ton of optionality. Netflix plans to get into the merchandising business as well, bringing new opportunities to profit.\n\nWhy I Changed My Mind on Netflix\nBack in 2019, I wrote an article about why I was bearish on Netflix (NFLX). Today, I'm sharing why I've changed my mind and bought NFLX stock. At the time of my prior article, Netflix had negative cash flow, was losing US subscribers, and was still borrowing heavily in the junk bond market to produce content. What I never foresaw–less than a year after writing that article, the world stopped on a dime with government-imposed shutdowns. After the lockdowns, I found that nights out on the town with friends were replaced with entertainment at home. I wasn't alone in the change. In 2020, Netflixgained nearly 37 millionsubscribers, putting their global total at 200+ million.\nThe rush of new subscribers means more leverage/pricing power to license content, better cash flow, and with that cash the ability to produce high-quality content at a low cost of capital. The network effect of gaining subscribers means that the more Netflix grows, the better the economics of the business is for them. As such, NFLX stock was very strong during the start of the pandemic but has traded sideways recently. I'm constantly throwing water on tech valuations here–the truth is that large sections of large-cap tech are currently overvalued. Netflix has a high valuation as well, but continued subscriber growth and the inherent stickiness of subscription revenue gives Netflix a lot of optionality that can help NFLX stock appreciate in value. NLFX may not be as expensive as it looks if growth trends continue over the next few years. Last quarter, for example, analysts expected Netflix to earn $2.99, they crushed estimates andended up earning $3.75,yet the stock got crushed because traders wanted even more. If you're willing to buy and wait a year or two, I think Netflix could pull through yet again with big gains.\n\nData by YCharts\nIt's also worth discussing what is going on with the competition. Amazon (AMZN) is facing increasing amounts of political pressure and antitrust scrutiny, while Apple (AAPL) faces antitrust action in the EU over its music streaming service. Netflix has roughly 1/10 of the market capitalization of Apple and Amazon and is not getting heavily involved in political food fights the way other tech companies are. This should allow Netflix to focus on executing its business plan while competitors focus on putting out fires in Washington DC.\nIs Netflix Stock a Buy Now?\nThe valuation is high, but over the long run, Netflix's subscriber growth curve over the last 20 years has been nothing short of incredible. As subscribers continue to grow, margins should grow as well, and Netflix can start producing more and more cash flow. Assuming growth can keep rolling in, Netflix stock is an easy buy.\n\nSource:Backlinko\nBehind the growth curve lies a history of a company that almost didn't make it to where it is today. In September 2000, Netflix was in trouble as the dot-com boom turned to bust. Netflix CEO Reed Hastings and a few of his lieutenants were summoned to Blockbuster headquarters in Dallas. On the table– a proposed rescue of Netflix by Blockbuster. Netflix would become Blockbuster's online and mail rental division, while Blockbuster would focus on retail. Hastings proposed that Netflix and Blockbuster join forces. His price? $50 million. Netflix executives werelaughed out of the meeting.\nNetflix found the financing they needed to survive elsewhere, and the meeting in Dallas went down as one of the most ironic in the history of tech, with Blockbuster going out of business less than 10 years later and Netflix becoming one of the best-performing stocks of the 21st century.\nAre stories like these just survivorship bias? No one knows for sure. Apple nearly went bankrupt in the 1990s, Netflix turned down a buyout offer from Amazon in 1998, and countless other high-flying tech companies either failed or were bought out at low prices by competitors. Netflix became a heavily shorted stock in the 2010s but proved doubters wrong, raising the money they needed to cover their losses while rapidly growing subscribers. Today's Netflix is different, with the company having a well-entrenched network effect and optionality to monetize subscribers in different ways. Netflix'scredit rating has been upgraded, and the company looks like it will be upgraded to investment grade soon. For example, Netflix could use their lower cost of capital to buy a Hollywood studio, a Bollywood studio, and/or a live sports TV provider like fuboTV (FUBO). Going up the food chain, it's possible that Apple could acquire Netflix. Netflix is also looking to make money through an online merchandise shop, which I'll cover in a bit.\nNetflix Stock Forecast\nIn 2021, analysts expect Netflixto earn$10.59 per share. For 2022, analysts expect $13.05 in earnings. At least 10 sell-side analysts are providing estimates to 2025 when they expect Netflix to earn $25.66 per share (I generally crowdsource earnings estimates and make adjustments when I think there is a systematic bias). At today's stock price and 2025 earnings, Netflix would be trading for only 21x earnings. Netflix's high valuation creates risks, but the large subscriber base means that NFLX has many routes to growth. If NFLX can maintain a multiple of 35x in 2025 and analyst earnings estimates are correct, then that would imply a 2025 price for NFLX of roughly $930 per share.\nThis means a total return for NFLX of roughly 15 percent per year assuming a moderate amount of multiple contraction and steady growth. Stocks like NFLX are notoriously hard to value, the range of analyst earnings estimates are wide and P/E ratios for growth stocks fluctuate in line with market conditions. The analyst numbers seem reasonable, and they may be too low if Netflix finds clever ways to monetize their subscribers. Any time you buy a stock like Netflix for as high as a multiple as it trades for, you incur risk. Given the long-term growth trends, however, I think that the risk is more than offset by the potential upside if Netflix is part of a well-diversified portfolio.\nOverall, NFLX is a reasonable investment. In the event of a market pullback, NFLX could be a great stock to buy on the tip. I believe that NFLX has a much easier path to doubling in price than other FAANG stocks. I own a lot of value stocks, so I buy tech as well to balance out the portfolio. Netflix has a much smaller market cap and a subscription-based model. Apple, Amazon, and Facebook's(NASDAQ:FB)ability to grow are increasingly constrained by politics. Facebook was pretty cheap in the fall, now I think it's fairly valued going forward. After analyzing all of them, I think Netflix and Google(NASDAQ:GOOG)(NASDAQ:GOOGL)will have the best returns of the FAANG stocks going forward. For Netflix in particular, one more potential opportunity comes from their online shop.\nNetflix's Online Shop\nNetflix is making its first entry into e-commerce with the opening ofNetflix.shop. Fans will be able to buy merchandise related to Netflix's content at a price point from $30 to $135. This takes a page out of Disney's (DIS) playbook, which makes billions of dollars per year fromlicensing and selling merchandise. Disney makes $3 billion per yearfrom licensing alone with very little cost or risk associated.\nNetflix alsocut a dealwith Steven Spielberg's production company. Spielberg directed the popular Indiana Jones movies and Jurassic Park. Spielberg is 74 years old as of my writing this but may have at least one big hit left in his career. The idea may be that Netflix can get some synergy out of Spielberg's new productions and their online merchandise shop. Netflix has everything to gain and little to lose from merchandising, and developing alternative streams of revenue can help sustain Netflix's P/E multiple and offer new routes to growth.\nWith 200+ million subscribers, this is just one way that Netflix can earn more money from their customers. While I don't know whether Netflix can approach the level of success that Disney has had with merchandising, they are following a proven and effective business model that movie studios have used to milk additional profit out of the money they spend on creating content.\nConclusion\nNetflix's huge gains in subscribers came at the perfect time. With production restarting after the coronavirus and Netflix having a current audience of over 200 million subscribers, there are plenty of ways for the stock to grow into its valuation. With an improved credit rating and cheap capital at its disposal, Netflix could look to make acquisitions or continue to invest in content without fear of a shortfall of cash. Netflix is cash flow positive and has great optionality from making acquisitions, growing organically, and executing existing business plans like its online shop. With consensus earnings estimates looking good and a deeply entrenched network effect, Netflix stock could steadily appreciate over the coming years.","news_type":1},"isVote":1,"tweetType":1,"viewCount":106,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":127465366,"gmtCreate":1624864520955,"gmtModify":1631885855922,"author":{"id":"3581490787994555","authorId":"3581490787994555","name":"Willretard8","avatar":"https://static.tigerbbs.com/55d367736decafe822ab65564b27b8a2","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3581490787994555","authorIdStr":"3581490787994555"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/F34.SI\">$WILMAR INTERNATIONAL LIMITED(F34.SI)$</a>sleeping giant?","listText":"<a href=\"https://laohu8.com/S/F34.SI\">$WILMAR INTERNATIONAL LIMITED(F34.SI)$</a>sleeping giant?","text":"$WILMAR INTERNATIONAL LIMITED(F34.SI)$sleeping giant?","images":[{"img":"https://static.tigerbbs.com/cea21953031e41eb7ae4ad78a52a4f3b","width":"828","height":"1434"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":2,"repostSize":0,"link":"https://laohu8.com/post/127465366","isVote":1,"tweetType":1,"viewCount":374,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":819314071,"gmtCreate":1630033858093,"gmtModify":1704954937257,"author":{"id":"3581490787994555","authorId":"3581490787994555","name":"Willretard8","avatar":"https://static.tigerbbs.com/55d367736decafe822ab65564b27b8a2","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3581490787994555","authorIdStr":"3581490787994555"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/PFE\">$Pfizer(PFE)$</a>Ohwell","listText":"<a href=\"https://laohu8.com/S/PFE\">$Pfizer(PFE)$</a>Ohwell","text":"$Pfizer(PFE)$Ohwell","images":[{"img":"https://static.tigerbbs.com/7861d551c133bdd1b93bfa3ca70681c3","width":"828","height":"1434"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":2,"repostSize":0,"link":"https://laohu8.com/post/819314071","isVote":1,"tweetType":1,"viewCount":224,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":836757170,"gmtCreate":1629528784890,"gmtModify":1631884085557,"author":{"id":"3581490787994555","authorId":"3581490787994555","name":"Willretard8","avatar":"https://static.tigerbbs.com/55d367736decafe822ab65564b27b8a2","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3581490787994555","authorIdStr":"3581490787994555"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/PFE\">$Pfizer(PFE)$</a>Its back","listText":"<a href=\"https://laohu8.com/S/PFE\">$Pfizer(PFE)$</a>Its back","text":"$Pfizer(PFE)$Its back","images":[{"img":"https://static.tigerbbs.com/756ebe99620df54a1bacbf0af364460f","width":"828","height":"1590"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":2,"repostSize":0,"link":"https://laohu8.com/post/836757170","isVote":1,"tweetType":1,"viewCount":290,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":894553487,"gmtCreate":1628842158249,"gmtModify":1631883868343,"author":{"id":"3581490787994555","authorId":"3581490787994555","name":"Willretard8","avatar":"https://static.tigerbbs.com/55d367736decafe822ab65564b27b8a2","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3581490787994555","authorIdStr":"3581490787994555"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/WISH\">$ContextLogic Inc.(WISH)$</a>if you love to buy rhe dip here you go 40% discount","listText":"<a href=\"https://laohu8.com/S/WISH\">$ContextLogic Inc.(WISH)$</a>if you love to buy rhe dip here you go 40% discount","text":"$ContextLogic Inc.(WISH)$if you love to buy rhe dip here you go 40% discount","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/894553487","repostId":"1126962861","repostType":4,"repost":{"id":"1126962861","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":1628841823,"share":"https://www.laohu8.com/m/news/1126962861?lang=&edition=full","pubTime":"2021-08-13 16:03","market":"us","language":"en","title":"ContextLogic shares fell 19.13% in premarket trading","url":"https://stock-news.laohu8.com/highlight/detail?id=1126962861","media":"Tiger Newspress","summary":"ContextLogic shares fell 19.13% in premarket trading.\n\nThe parent of e-commerce site Wish said deman","content":"<p>ContextLogic&nbsp;shares&nbsp;fell 19.13% in premarket&nbsp;trading.</p>\n<p><img src=\"https://static.tigerbbs.com/67e5ebadf18a1c591cd04be175e52524\" tg-width=\"902\" tg-height=\"607\" referrerpolicy=\"no-referrer\"></p>\n<p>The parent of e-commerce site Wish said demand for its products slowed, fewer users and active buyers used its platform, and costs rose more than it had expected.</p>\n<p>ContextLogic Inc.&nbsp;reported a second-quarter loss of $111 million, or 18 cents a share, compared with a loss of $11 million, or 10 cents a share, in the year-ago period, when the company was private. Sales fell 6% to $656 million from $701 million a year ago.</p>\n<p>Analysts on average expected the company to report losses of 13 cents a share on sales of $723 million, according to FactSet.</p>\n<p>Logistics improved and “we expected user retention to improve now that we have more reliable logistics, but instead retention declined,” the company said in a letter to investors.</p>\n<p>“While we are not satisfied with these results, the second quarter of 2021 was already going to be a challenging year-over-year comparison,” since the company benefited from a significant increase in mobile usage and less competition from brick-and-mortar stores, Wish said.</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>ContextLogic shares fell 19.13% in premarket trading</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nContextLogic shares fell 19.13% in premarket trading\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time\">2021-08-13 16:03</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>ContextLogic&nbsp;shares&nbsp;fell 19.13% in premarket&nbsp;trading.</p>\n<p><img src=\"https://static.tigerbbs.com/67e5ebadf18a1c591cd04be175e52524\" tg-width=\"902\" tg-height=\"607\" referrerpolicy=\"no-referrer\"></p>\n<p>The parent of e-commerce site Wish said demand for its products slowed, fewer users and active buyers used its platform, and costs rose more than it had expected.</p>\n<p>ContextLogic Inc.&nbsp;reported a second-quarter loss of $111 million, or 18 cents a share, compared with a loss of $11 million, or 10 cents a share, in the year-ago period, when the company was private. Sales fell 6% to $656 million from $701 million a year ago.</p>\n<p>Analysts on average expected the company to report losses of 13 cents a share on sales of $723 million, according to FactSet.</p>\n<p>Logistics improved and “we expected user retention to improve now that we have more reliable logistics, but instead retention declined,” the company said in a letter to investors.</p>\n<p>“While we are not satisfied with these results, the second quarter of 2021 was already going to be a challenging year-over-year comparison,” since the company benefited from a significant increase in mobile usage and less competition from brick-and-mortar stores, Wish said.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1126962861","content_text":"ContextLogic shares fell 19.13% in premarket trading.\n\nThe parent of e-commerce site Wish said demand for its products slowed, fewer users and active buyers used its platform, and costs rose more than it had expected.\nContextLogic Inc. reported a second-quarter loss of $111 million, or 18 cents a share, compared with a loss of $11 million, or 10 cents a share, in the year-ago period, when the company was private. Sales fell 6% to $656 million from $701 million a year ago.\nAnalysts on average expected the company to report losses of 13 cents a share on sales of $723 million, according to FactSet.\nLogistics improved and “we expected user retention to improve now that we have more reliable logistics, but instead retention declined,” the company said in a letter to investors.\n“While we are not satisfied with these results, the second quarter of 2021 was already going to be a challenging year-over-year comparison,” since the company benefited from a significant increase in mobile usage and less competition from brick-and-mortar stores, Wish said.","news_type":1},"isVote":1,"tweetType":1,"viewCount":307,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":170378572,"gmtCreate":1626408576696,"gmtModify":1633927004604,"author":{"id":"3581490787994555","authorId":"3581490787994555","name":"Willretard8","avatar":"https://static.tigerbbs.com/55d367736decafe822ab65564b27b8a2","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3581490787994555","authorIdStr":"3581490787994555"},"themes":[],"htmlText":"Like to talk","listText":"Like to talk","text":"Like to talk","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/170378572","repostId":"1109408846","repostType":4,"isVote":1,"tweetType":1,"viewCount":139,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":887220699,"gmtCreate":1632049498112,"gmtModify":1632803131904,"author":{"id":"3581490787994555","authorId":"3581490787994555","name":"Willretard8","avatar":"https://static.tigerbbs.com/55d367736decafe822ab65564b27b8a2","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3581490787994555","authorIdStr":"3581490787994555"},"themes":[],"htmlText":"Common trend around the world?","listText":"Common trend around the world?","text":"Common trend around the world?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/887220699","repostId":"1198486138","repostType":4,"repost":{"id":"1198486138","kind":"news","pubTimestamp":1632023224,"share":"https://www.laohu8.com/m/news/1198486138?lang=&edition=full","pubTime":"2021-09-19 11:47","market":"us","language":"en","title":"7 ways men live without working in America","url":"https://stock-news.laohu8.com/highlight/detail?id=1198486138","media":"Yahoo Finance","summary":"How do they live? What are they doing for money? ","content":"<p>Almost one-third of all working-age men in America aren’t doing diddly-squat. They don’t have a job, and they aren’t looking for one either. One-third of all working-age men. That’s almost 30 million people!</p>\n<p>How do they live? What are they doing for money? To me, this is one of the great mysteries of our time.</p>\n<p>I’m certainly not the first person to make note of this shocking statistic. You’ve heard people bemoaning this \"labor participation rate,\" which is simply the number of working-age men (usually counted as ages 16 to 64) not working or not looking for work, as a percentage of the overall labor force.</p>\n<p>It’s true that the pandemic, which of course produced a number of factors that made working more difficult never mind dangerous, pushed the labor participation rate to a record low. But the fact that millions of American males have not been working precedes COVID-19 by decades. In fact, the participation rate for men peaked at 87.4% in October 1949 and has been dropping steadily ever since. It now stands at 67.7%.</p>\n<p>As a business journalist for a good portion of those 70-plus years, I’ve looked at thousands of charts and graphs in my life, and I have to say this one is as jaw dropping as it is vexing:</p>\n<p><img src=\"https://static.tigerbbs.com/056158b8fa7157238c3d1521dd05c02e\" tg-width=\"705\" tg-height=\"259\" referrerpolicy=\"no-referrer\">Chart of the U.S. labor force participation rate for men over time, courtesy of the St. Louis Federal Reserve</p>\n<p>Economists, sociologists, politicians, and cable news pundits each have their pet factors to explain the groundswell of non-work. But after digging down here, I’ve concluded there are many different forces at play. That’s what I want to explore today, which is: how men can live in America without working.</p>\n<p>I’m not talking about why men have lost their jobs — factories closing, layoffs, automation, outsourcing jobs overseas, even perhaps women entering the workforce, (in fact, the participation rate by women over the same time period is way up). What I want to get at is how they’re living without holding a \"real\" job, and by that I mean doing work where one reports income to the IRS, pays taxes and Social Security, etc.</p>\n<p>It’s important to note that every man in this group has his own story. They range from mentally ill homeless men who desperately need our help, to the I’m-doing-just-fine-thank-you-very-much, retired early, and former Silicon Valley coder. And there are infinite scenarios in between those two extremes, including, for instance, the many men who have chosen to bestay-at-home dadswhile their spouses work.</p>\n<p>It’s also the case that some men in this group may be unemployed and not seeking work because they’ve given up looking just for now — perhaps waiting for COVID to abate — and will start the search again soon. Here too, society needs to help.</p>\n<p>Still, none of this explains decade after decade of falling male employment.</p>\n<p>To that end, here to my mind are seven ways men are living without working in America:</p>\n<p><b>-Unemployment insurance</b></p>\n<p>Let’s start with this one because it’s a hot button issue. Conservatives and some liberals too have made the claim that state unemployment aid, coupled with $600 a week from the CARES Act, which was rolled out in March 2020, have reduced men’s need to work. (There are actually a variety of social programs at play,spelled out nicely hereby think tank The Century Foundation, which estimates that overall these programs have pumped $800 billion in the economy.) We’ll be getting a good read on whether all this relief did suppress employment now that CARES aid ended for some 7.5 million Americans earlier this month. But as Yahoo Finance’s Denitsa Tsekova reportedhereandhere, states that ended federal aid programs early didn’t see big increases in employment. That may mean these payments really weren’t enough to live off, or not enough to live off by themselves, which speaks to men looking to a combination of sources, like under the table income or family support and possibly some savings (see below).</p>\n<p><b>-Early retirement, pensions, disability and lawsuits</b></p>\n<p>Admittedly, this is a bit of a hodgepodge. And as is the case with many of these categories, hard data is tough to come by, but it is the case that millions of men under 64 are at least partly living off of pensions and 401(k)s. This would include everything from C-suite executives to union members. And don’t forget municipal workers, who make up almost 14% of the U.S. workforce. According to the U.S. Census Bureau, there are some 6,000 public sector retirement systems in the U.S.Collectively these plans have $4.5 trillion in assets,with 14.7 million working members and 11.2 million retirees. The plans distribute $323 billion in benefits annually, and again, some to men who are younger than 64. In fact in almost two-thirds of these plans,if you started working at 25, you max out at 57, a real inducement to stop working — at least at that job of course.</p>\n<p><img src=\"https://static.tigerbbs.com/53e26b293f8a939a54b78315c3375a18\" tg-width=\"705\" tg-height=\"467\" referrerpolicy=\"no-referrer\">Volunteers load cars with turkeys and other food assistance for laid off Walt Disney World cast members and others at a food distribution event on December 12, 2020 in Orlando, Florida. (Photo by Paul Hennessy/NurPhoto via Getty Images)More</p>\n<p>There’s also disability insurance from the Social Security Administration that is beingpaid to some 9 million Americanswhomay receive payments many years before retirement age. That's why I am including disability here, but not plain vanilla Social Security, which you can’t receive until age 62. The maximum disability benefit amount you can receive each month is currently $3,148. (However, the average beneficiary receives about $1,277 per month, according to the law group Social Security Disability Advocates.) Overall, it looks like theSSA pays out some $130 billion in disability annually.That’s not nothing. Then there’s money paid out in medical malpractice each year, smaller true, but stillestimated to be in excess of $3 billion.And don't forgetpayments from legal settlements and class action lawsuits.</p>\n<p>You argue all day about the right or wrong when it comes to these payouts, but the fact is many of them didn’t exist, or not at this magnitude, decades ago.</p>\n<p><b>-Savings, trading stocks, and bitcoin</b></p>\n<p>Consider now men are living off savings, or from money made in the market or maybe even selling NFTs. How many is it exactly? Who knows, but quite a few for sure. First off, Americans on average do have some money in the bank. Savings as a percentage of disposable income,according to the Federal Reserve of Kansas City,hit a record high of 33% in the spring of 2020 and is still at 14%, or nearly twice as high as it was prior to the pandemic.</p>\n<p>And according to arecent survey by Northwestern Mutual,average personal savings are up over 10% compared to last year, from $65,900 last year to $73,100. Average retirement savings increased 13%, from $87,500 last year to $98,800 today. So there’s that.</p>\n<p>Next let’s look at investing — first stocks. It is not irrelevant to this narrative that the S&amp;P 500 has climbed from 2,480 on March 12, 2020 — the day after the World Health Organization declared COVID a pandemic— to 4,441 today, or almost 80%. That’s a huge gain. Much of the action of course has been retail investors and the meme stock boom, as millions of American males stuck at home with nothing to do all day for the past 18 months passed the time trading stocks. Credit Suisse estimates that since the beginning of 2020, “retail trading as a share of overall market activityhas nearly doubledfrom between 15% and 18% to over 30%,” as CNBC reported. How many men were doing this and supporting themselves? Unclear, but upstart trading platform Robinhood (HOOD) — the broker dealer of choice for many of these new investors — reported that it had22.5 million funded user accountslast month, up from 7.2 million in March of 2020. Let’s just say 15 million new accounts is quite a number.</p>\n<p>Now crypto. You can laugh all you want, but the simple fact is that theprice of bitcoinis up from $4,861 on March 12, 2000 to $47,763 today, or basically up 10X, (and remember it even hit $64,888.99 this spring). Back to Robinhood, which according to The New York Times, also reported last month that “revenue from cryptocurrency trading fees totaled $233 million, a nearly 50-fold jump from $5 million a year earlier.” (And those are just fees off the trades, mind you.) Bottom line: Folks have made money here. (Of course these guys should be paying taxes on all those stock and crypto gains.)</p>\n<p><img src=\"https://static.tigerbbs.com/809084435ffdcbc0695311d158bb7a98\" tg-width=\"705\" tg-height=\"470\" referrerpolicy=\"no-referrer\">Robinhood Markets, Inc. CEO and co-founder Vlad Tenev and co-founder Baiju Bhatt pose with Robinhood signage on Wall Street after the company's IPO in New York City, U.S., July 29, 2021. REUTERS/Andrew Kelly<b>-Working for cash, aka the under-the-table economy</b></p>\n<p>This one is very tough to measure, too.A study by the Federal Reserve of St. Louisestimates that the average size of the “informal economy” in developed countries is 13% of GDP. Honestly, that could be off by many percentage points, but just to give you a ballpark, GDP in the U.S. this year is about $22 trillion. So 13% of that is $2.86 trillion. As it turns out, $2 trillion-plus, is a number that has been thrown around quite a bit (hereandherefor instance) when it comes to estimating the size of the cash economy in the U.S. Even if half that money is paid out to women, that still leaves, say, $1 trillion dollars being made by men in this country off the books. That’s a big chunk of change. Are more people than ever working for cash these days? Again, another question that’s impossible to answer. I would bet it’s not fewer. For example, my electrician Luis just told me he can’t get anyone to work for him anymore — they all want to get paid in cash.</p>\n<p><b>-Living off family members</b></p>\n<p>Just to take one facet,the Pew Research Center reportedlast year that the pandemic “has pushed millions of Americans, especially young adults, to move in with family members. The share of 18- to 29-year-olds living with their parents has become a majority since U.S. coronavirus cases began spreading [in early 2020], surpassing the previous peak during the Great Depression era. In July, 52% of young adults resided with one or both of their parents, up from 47% in February.” How many of these individuals are males living rent free (and sharing food too), which maybe means they don’t have to work? Who knows, but some. Ditto for males who have moved in with in-laws or siblings. And again, many men are choosing to stay home and take care of kids while their spouses work.</p>\n<p><b>-Illegal work</b></p>\n<p>Front and center here is selling illegal drugs. Sadly, business looks to be booming, that is if overdoses are any sort of measure.According to the Washington Post, overdose deaths hit 93,000 last year, up a stunning 30% from 2019. Most of the overdoses were attributed to opioids; heroin, synthetic opioids like OxyContin and in particular Fentanyl. (This despite drug dealers facingsupply chain issuesduring COVID.) How many Americans are in this business and who are they? A number is almost impossible to come by here, but as for who they are,a government report on drug trafficking arrestsfrom five years ago notes that ”the majority of drug trafficking offenders were male (84.9%), the average age of these offenders at sentencing was 36 years, 70% were United States citizens (although this rate varied substantially depending on the type of drug involved), and that almost half (49.4%) of drug traffickers had little or no prior criminal history.” How big a business is selling drugs in America? Could beas much as $100 billion.I think it’s fair to say that a market that size requires many thousands of employees.</p>\n<p>What about other types of crime and criminals, everything from robbers and thieves to prostitutes and pimps? To that point there aresome 2 million people incarcerated in the U.S.right now. (We have the highest absolute number and the highest per capita on the planet, and holdsome 25% of the world's total prisoners, according to the ACLU.) Being in prison is another way of living in America without working, I guess. But not counting those locked up, how many bad guys are out there on the street? Conservatively, it has to be thousands and thousands, and speaking to this story, they're all doing their thing and not participating in the labor force.</p>\n<p><img src=\"https://static.tigerbbs.com/3f8f4b3e6a5aa97a10f5c7bb22dec1d7\" tg-width=\"705\" tg-height=\"470\" referrerpolicy=\"no-referrer\">ORLEANS, MASSACHUSETTS - JULY 10: A man holds onto a clamming rake while clamming at low tide July 10, 2021 in Town Cove, Orleans, Massachusetts. He filled a bushel basket of cherry stone clams. (Photo by Robert Nickelsberg/Getty Images)More<b>-Living off the land</b></p>\n<p>This would include gardening, fishing, hunting, clamming, berrying, and just general foraging. The numbers here seem to be climbing. Here for instancefrom The Guardian:</p>\n<p>“Fishing and huntinglicense sales increased 10%in California during the pandemic, reversing years of decline. Clamming has grown in popularity for several reasons: people are looking for safe activities to do outdoors, but also some are clamming for subsistence and trying to get money from selling the shellfish (which is illegal without a commercial license).”</p>\n<p>Ditto for Washington state, according to The Spokesman-Review:</p>\n<p>“From the start of the 2020 licensing year in May through Dec. 31, WDFW [Washington Department of Fish and Wildlife] sold nearly 45,000 more fishing licenses and 12,000 more hunting licenses than 2019. The number of new license holders — defined as someone who hadn’t purchased one for the previous five years — went up 16% for fishing licenses and almost 40% for hunters.”</p>\n<p>As for growing vegetables in home gardens, yes, it is up, way up too. Even before the pandemic, there were estimates thata third of American families grew vegetables.Now this,NPRreported last year:</p>\n<p>“‘We're being flooded with vegetable orders,’ says George Ball, executive chairman of the Burpee Seed Company, based in Warminster, Penn.</p>\n<p>Ball says he has noticed spikes in seed sales during bad times: the stock market crash of 1987, the dot com bubble burst of 2000, and he remembers the two oil crises of the 1970s from his childhood. But he says he has not seen a spike this large and widespread.</p>\n<p>So there you have it. It’s a whole range of ways and means, behaviors and experiences. I’m sure I missed some, too. Again, some non-working men are in dire straits and need our help. Others are living non-working lives without burdening society or others, such as a fireman on early retirement (though some argue municipal employee pensions are too high), or an investor who made a ton of money in the market and called it quits, or maybe a wilderness guy living off the land in Alaska.</p>\n<p>And some non-working men are not playing fair. Like getting paid under the table, fudging insurance claims or social programs. Some freeload off relatives. And some engage in overtly illegal behavior like boosting branded goods from chain stores to sell online or dealing heroin.</p>\n<p>I would imagine that more than a few of these men create a portfolio of sources, though I’m not sure they really think of it that way. Take for example a hypothetical guy in a rural area who lives with his grandmother rent free, (he does help her with the garden some). This guy also does some cash carpentry work, hunts for game, gets some food off his ex-wife’s WIC and helps his brother sell some weed. Can you get by this way? Some men probably are. Is this the new American way? For some men it probably is.</p>\n<p>That example perhaps, and to be sure of all of the above, I think go a long way toward explaining that chart from the beginning of the story, the one that shows the labor participation rate falling off a cliff over the past seven decades. And speaking of charts, another striking one came to mind when I was writing this, which I put here below. It shows U.S. GDP over the same time period as the labor participation rate.</p>\n<p><img src=\"https://static.tigerbbs.com/0f197be5c6c11483ec906a1757293e4d\" tg-width=\"705\" tg-height=\"259\" referrerpolicy=\"no-referrer\">Chart of the U.S. Gross Domestic Product over time, courtesy of the St. Louis Federal Reserve</p>\n<p>Of course, the line on this GDP chart is inversely correlated with the line on the labor participation graph. And I think there is a relationship between the two. Which is to say, the wealthier our nation has become over the decades, the less men are working. Fact is there is just a ton of money sloshing around in our country. And men seem to be able to get their hands on it, whether obtained legally, borrowed, leached off of or stolen.</p>\n<p>It seems like working legally to provide for yourself in America is really just one option these days.</p>\n<p><b><i>This article was featured in a Saturday edition of the Morning Brief on September 18, 2021. Get the Morning Brief sent directly to your inbox every Monday to Friday by 6:30 a.m. ET.Subscribe</i></b></p>\n<p><i>Andy Serwer is editor-in-chief of Yahoo Finance. Follow him on Twitter:@serwer</i></p>","source":"yahoofinance_sg","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>7 ways men live without working in America</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\">\n7 ways men live without working in America\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-09-19 11:47 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/7-ways-men-live-without-working-in-america-092147068.html><strong>Yahoo Finance</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Almost one-third of all working-age men in America aren’t doing diddly-squat. They don’t have a job, and they aren’t looking for one either. One-third of all working-age men. That’s almost 30 million ...</p>\n\n<a href=\"https://finance.yahoo.com/news/7-ways-men-live-without-working-in-america-092147068.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://static.tigerbbs.com/020219c8820f9fc9f11979454ce1b1c6","relate_stocks":{".DJI":"道琼斯"},"source_url":"https://finance.yahoo.com/news/7-ways-men-live-without-working-in-america-092147068.html","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1198486138","content_text":"Almost one-third of all working-age men in America aren’t doing diddly-squat. They don’t have a job, and they aren’t looking for one either. One-third of all working-age men. That’s almost 30 million people!\nHow do they live? What are they doing for money? To me, this is one of the great mysteries of our time.\nI’m certainly not the first person to make note of this shocking statistic. You’ve heard people bemoaning this \"labor participation rate,\" which is simply the number of working-age men (usually counted as ages 16 to 64) not working or not looking for work, as a percentage of the overall labor force.\nIt’s true that the pandemic, which of course produced a number of factors that made working more difficult never mind dangerous, pushed the labor participation rate to a record low. But the fact that millions of American males have not been working precedes COVID-19 by decades. In fact, the participation rate for men peaked at 87.4% in October 1949 and has been dropping steadily ever since. It now stands at 67.7%.\nAs a business journalist for a good portion of those 70-plus years, I’ve looked at thousands of charts and graphs in my life, and I have to say this one is as jaw dropping as it is vexing:\nChart of the U.S. labor force participation rate for men over time, courtesy of the St. Louis Federal Reserve\nEconomists, sociologists, politicians, and cable news pundits each have their pet factors to explain the groundswell of non-work. But after digging down here, I’ve concluded there are many different forces at play. That’s what I want to explore today, which is: how men can live in America without working.\nI’m not talking about why men have lost their jobs — factories closing, layoffs, automation, outsourcing jobs overseas, even perhaps women entering the workforce, (in fact, the participation rate by women over the same time period is way up). What I want to get at is how they’re living without holding a \"real\" job, and by that I mean doing work where one reports income to the IRS, pays taxes and Social Security, etc.\nIt’s important to note that every man in this group has his own story. They range from mentally ill homeless men who desperately need our help, to the I’m-doing-just-fine-thank-you-very-much, retired early, and former Silicon Valley coder. And there are infinite scenarios in between those two extremes, including, for instance, the many men who have chosen to bestay-at-home dadswhile their spouses work.\nIt’s also the case that some men in this group may be unemployed and not seeking work because they’ve given up looking just for now — perhaps waiting for COVID to abate — and will start the search again soon. Here too, society needs to help.\nStill, none of this explains decade after decade of falling male employment.\nTo that end, here to my mind are seven ways men are living without working in America:\n-Unemployment insurance\nLet’s start with this one because it’s a hot button issue. Conservatives and some liberals too have made the claim that state unemployment aid, coupled with $600 a week from the CARES Act, which was rolled out in March 2020, have reduced men’s need to work. (There are actually a variety of social programs at play,spelled out nicely hereby think tank The Century Foundation, which estimates that overall these programs have pumped $800 billion in the economy.) We’ll be getting a good read on whether all this relief did suppress employment now that CARES aid ended for some 7.5 million Americans earlier this month. But as Yahoo Finance’s Denitsa Tsekova reportedhereandhere, states that ended federal aid programs early didn’t see big increases in employment. That may mean these payments really weren’t enough to live off, or not enough to live off by themselves, which speaks to men looking to a combination of sources, like under the table income or family support and possibly some savings (see below).\n-Early retirement, pensions, disability and lawsuits\nAdmittedly, this is a bit of a hodgepodge. And as is the case with many of these categories, hard data is tough to come by, but it is the case that millions of men under 64 are at least partly living off of pensions and 401(k)s. This would include everything from C-suite executives to union members. And don’t forget municipal workers, who make up almost 14% of the U.S. workforce. According to the U.S. Census Bureau, there are some 6,000 public sector retirement systems in the U.S.Collectively these plans have $4.5 trillion in assets,with 14.7 million working members and 11.2 million retirees. The plans distribute $323 billion in benefits annually, and again, some to men who are younger than 64. In fact in almost two-thirds of these plans,if you started working at 25, you max out at 57, a real inducement to stop working — at least at that job of course.\nVolunteers load cars with turkeys and other food assistance for laid off Walt Disney World cast members and others at a food distribution event on December 12, 2020 in Orlando, Florida. (Photo by Paul Hennessy/NurPhoto via Getty Images)More\nThere’s also disability insurance from the Social Security Administration that is beingpaid to some 9 million Americanswhomay receive payments many years before retirement age. That's why I am including disability here, but not plain vanilla Social Security, which you can’t receive until age 62. The maximum disability benefit amount you can receive each month is currently $3,148. (However, the average beneficiary receives about $1,277 per month, according to the law group Social Security Disability Advocates.) Overall, it looks like theSSA pays out some $130 billion in disability annually.That’s not nothing. Then there’s money paid out in medical malpractice each year, smaller true, but stillestimated to be in excess of $3 billion.And don't forgetpayments from legal settlements and class action lawsuits.\nYou argue all day about the right or wrong when it comes to these payouts, but the fact is many of them didn’t exist, or not at this magnitude, decades ago.\n-Savings, trading stocks, and bitcoin\nConsider now men are living off savings, or from money made in the market or maybe even selling NFTs. How many is it exactly? Who knows, but quite a few for sure. First off, Americans on average do have some money in the bank. Savings as a percentage of disposable income,according to the Federal Reserve of Kansas City,hit a record high of 33% in the spring of 2020 and is still at 14%, or nearly twice as high as it was prior to the pandemic.\nAnd according to arecent survey by Northwestern Mutual,average personal savings are up over 10% compared to last year, from $65,900 last year to $73,100. Average retirement savings increased 13%, from $87,500 last year to $98,800 today. So there’s that.\nNext let’s look at investing — first stocks. It is not irrelevant to this narrative that the S&P 500 has climbed from 2,480 on March 12, 2020 — the day after the World Health Organization declared COVID a pandemic— to 4,441 today, or almost 80%. That’s a huge gain. Much of the action of course has been retail investors and the meme stock boom, as millions of American males stuck at home with nothing to do all day for the past 18 months passed the time trading stocks. Credit Suisse estimates that since the beginning of 2020, “retail trading as a share of overall market activityhas nearly doubledfrom between 15% and 18% to over 30%,” as CNBC reported. How many men were doing this and supporting themselves? Unclear, but upstart trading platform Robinhood (HOOD) — the broker dealer of choice for many of these new investors — reported that it had22.5 million funded user accountslast month, up from 7.2 million in March of 2020. Let’s just say 15 million new accounts is quite a number.\nNow crypto. You can laugh all you want, but the simple fact is that theprice of bitcoinis up from $4,861 on March 12, 2000 to $47,763 today, or basically up 10X, (and remember it even hit $64,888.99 this spring). Back to Robinhood, which according to The New York Times, also reported last month that “revenue from cryptocurrency trading fees totaled $233 million, a nearly 50-fold jump from $5 million a year earlier.” (And those are just fees off the trades, mind you.) Bottom line: Folks have made money here. (Of course these guys should be paying taxes on all those stock and crypto gains.)\nRobinhood Markets, Inc. CEO and co-founder Vlad Tenev and co-founder Baiju Bhatt pose with Robinhood signage on Wall Street after the company's IPO in New York City, U.S., July 29, 2021. REUTERS/Andrew Kelly-Working for cash, aka the under-the-table economy\nThis one is very tough to measure, too.A study by the Federal Reserve of St. Louisestimates that the average size of the “informal economy” in developed countries is 13% of GDP. Honestly, that could be off by many percentage points, but just to give you a ballpark, GDP in the U.S. this year is about $22 trillion. So 13% of that is $2.86 trillion. As it turns out, $2 trillion-plus, is a number that has been thrown around quite a bit (hereandherefor instance) when it comes to estimating the size of the cash economy in the U.S. Even if half that money is paid out to women, that still leaves, say, $1 trillion dollars being made by men in this country off the books. That’s a big chunk of change. Are more people than ever working for cash these days? Again, another question that’s impossible to answer. I would bet it’s not fewer. For example, my electrician Luis just told me he can’t get anyone to work for him anymore — they all want to get paid in cash.\n-Living off family members\nJust to take one facet,the Pew Research Center reportedlast year that the pandemic “has pushed millions of Americans, especially young adults, to move in with family members. The share of 18- to 29-year-olds living with their parents has become a majority since U.S. coronavirus cases began spreading [in early 2020], surpassing the previous peak during the Great Depression era. In July, 52% of young adults resided with one or both of their parents, up from 47% in February.” How many of these individuals are males living rent free (and sharing food too), which maybe means they don’t have to work? Who knows, but some. Ditto for males who have moved in with in-laws or siblings. And again, many men are choosing to stay home and take care of kids while their spouses work.\n-Illegal work\nFront and center here is selling illegal drugs. Sadly, business looks to be booming, that is if overdoses are any sort of measure.According to the Washington Post, overdose deaths hit 93,000 last year, up a stunning 30% from 2019. Most of the overdoses were attributed to opioids; heroin, synthetic opioids like OxyContin and in particular Fentanyl. (This despite drug dealers facingsupply chain issuesduring COVID.) How many Americans are in this business and who are they? A number is almost impossible to come by here, but as for who they are,a government report on drug trafficking arrestsfrom five years ago notes that ”the majority of drug trafficking offenders were male (84.9%), the average age of these offenders at sentencing was 36 years, 70% were United States citizens (although this rate varied substantially depending on the type of drug involved), and that almost half (49.4%) of drug traffickers had little or no prior criminal history.” How big a business is selling drugs in America? Could beas much as $100 billion.I think it’s fair to say that a market that size requires many thousands of employees.\nWhat about other types of crime and criminals, everything from robbers and thieves to prostitutes and pimps? To that point there aresome 2 million people incarcerated in the U.S.right now. (We have the highest absolute number and the highest per capita on the planet, and holdsome 25% of the world's total prisoners, according to the ACLU.) Being in prison is another way of living in America without working, I guess. But not counting those locked up, how many bad guys are out there on the street? Conservatively, it has to be thousands and thousands, and speaking to this story, they're all doing their thing and not participating in the labor force.\nORLEANS, MASSACHUSETTS - JULY 10: A man holds onto a clamming rake while clamming at low tide July 10, 2021 in Town Cove, Orleans, Massachusetts. He filled a bushel basket of cherry stone clams. (Photo by Robert Nickelsberg/Getty Images)More-Living off the land\nThis would include gardening, fishing, hunting, clamming, berrying, and just general foraging. The numbers here seem to be climbing. Here for instancefrom The Guardian:\n“Fishing and huntinglicense sales increased 10%in California during the pandemic, reversing years of decline. Clamming has grown in popularity for several reasons: people are looking for safe activities to do outdoors, but also some are clamming for subsistence and trying to get money from selling the shellfish (which is illegal without a commercial license).”\nDitto for Washington state, according to The Spokesman-Review:\n“From the start of the 2020 licensing year in May through Dec. 31, WDFW [Washington Department of Fish and Wildlife] sold nearly 45,000 more fishing licenses and 12,000 more hunting licenses than 2019. The number of new license holders — defined as someone who hadn’t purchased one for the previous five years — went up 16% for fishing licenses and almost 40% for hunters.”\nAs for growing vegetables in home gardens, yes, it is up, way up too. Even before the pandemic, there were estimates thata third of American families grew vegetables.Now this,NPRreported last year:\n“‘We're being flooded with vegetable orders,’ says George Ball, executive chairman of the Burpee Seed Company, based in Warminster, Penn.\nBall says he has noticed spikes in seed sales during bad times: the stock market crash of 1987, the dot com bubble burst of 2000, and he remembers the two oil crises of the 1970s from his childhood. But he says he has not seen a spike this large and widespread.\nSo there you have it. It’s a whole range of ways and means, behaviors and experiences. I’m sure I missed some, too. Again, some non-working men are in dire straits and need our help. Others are living non-working lives without burdening society or others, such as a fireman on early retirement (though some argue municipal employee pensions are too high), or an investor who made a ton of money in the market and called it quits, or maybe a wilderness guy living off the land in Alaska.\nAnd some non-working men are not playing fair. Like getting paid under the table, fudging insurance claims or social programs. Some freeload off relatives. And some engage in overtly illegal behavior like boosting branded goods from chain stores to sell online or dealing heroin.\nI would imagine that more than a few of these men create a portfolio of sources, though I’m not sure they really think of it that way. Take for example a hypothetical guy in a rural area who lives with his grandmother rent free, (he does help her with the garden some). This guy also does some cash carpentry work, hunts for game, gets some food off his ex-wife’s WIC and helps his brother sell some weed. Can you get by this way? Some men probably are. Is this the new American way? For some men it probably is.\nThat example perhaps, and to be sure of all of the above, I think go a long way toward explaining that chart from the beginning of the story, the one that shows the labor participation rate falling off a cliff over the past seven decades. And speaking of charts, another striking one came to mind when I was writing this, which I put here below. It shows U.S. GDP over the same time period as the labor participation rate.\nChart of the U.S. Gross Domestic Product over time, courtesy of the St. Louis Federal Reserve\nOf course, the line on this GDP chart is inversely correlated with the line on the labor participation graph. And I think there is a relationship between the two. Which is to say, the wealthier our nation has become over the decades, the less men are working. Fact is there is just a ton of money sloshing around in our country. And men seem to be able to get their hands on it, whether obtained legally, borrowed, leached off of or stolen.\nIt seems like working legally to provide for yourself in America is really just one option these days.\nThis article was featured in a Saturday edition of the Morning Brief on September 18, 2021. Get the Morning Brief sent directly to your inbox every Monday to Friday by 6:30 a.m. ET.Subscribe\nAndy Serwer is editor-in-chief of Yahoo Finance. Follow him on Twitter:@serwer","news_type":1},"isVote":1,"tweetType":1,"viewCount":88,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":883075089,"gmtCreate":1631194174641,"gmtModify":1631889069470,"author":{"id":"3581490787994555","authorId":"3581490787994555","name":"Willretard8","avatar":"https://static.tigerbbs.com/55d367736decafe822ab65564b27b8a2","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3581490787994555","authorIdStr":"3581490787994555"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/KHC\">$The Kraft Heinz Company(KHC)$</a>missed the entry[Speechless]&nbsp;","listText":"<a href=\"https://laohu8.com/S/KHC\">$The Kraft Heinz Company(KHC)$</a>missed the entry[Speechless]&nbsp;","text":"$The Kraft Heinz Company(KHC)$missed the entry[Speechless]","images":[{"img":"https://static.tigerbbs.com/fc5bc63864c3be51cfcf06513fda8690","width":"750","height":"1837"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":2,"repostSize":0,"link":"https://laohu8.com/post/883075089","isVote":1,"tweetType":1,"viewCount":390,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":814940134,"gmtCreate":1630751069128,"gmtModify":1631885711856,"author":{"id":"3581490787994555","authorId":"3581490787994555","name":"Willretard8","avatar":"https://static.tigerbbs.com/55d367736decafe822ab65564b27b8a2","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3581490787994555","authorIdStr":"3581490787994555"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/ANY\">$Sphere 3D(ANY)$</a>perfect shorting candidate&nbsp;","listText":"<a href=\"https://laohu8.com/S/ANY\">$Sphere 3D(ANY)$</a>perfect shorting candidate&nbsp;","text":"$Sphere 3D(ANY)$perfect shorting candidate","images":[{"img":"https://static.tigerbbs.com/ef4661b58e1c30d4f6aeab35dfaf63c5","width":"750","height":"1837"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":1,"link":"https://laohu8.com/post/814940134","isVote":1,"tweetType":1,"viewCount":320,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":891363308,"gmtCreate":1628336066604,"gmtModify":1631891493990,"author":{"id":"3581490787994555","authorId":"3581490787994555","name":"Willretard8","avatar":"https://static.tigerbbs.com/55d367736decafe822ab65564b27b8a2","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3581490787994555","authorIdStr":"3581490787994555"},"themes":[],"htmlText":"Always cool when less people are&nbsp;out of jobs","listText":"Always cool when less people are&nbsp;out of jobs","text":"Always cool when less people are out of jobs","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/891363308","repostId":"1180025090","repostType":4,"isVote":1,"tweetType":1,"viewCount":557,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":805437368,"gmtCreate":1627897906954,"gmtModify":1633755496906,"author":{"id":"3581490787994555","authorId":"3581490787994555","name":"Willretard8","avatar":"https://static.tigerbbs.com/55d367736decafe822ab65564b27b8a2","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3581490787994555","authorIdStr":"3581490787994555"},"themes":[],"htmlText":"Sure or not","listText":"Sure or not","text":"Sure or not","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/805437368","repostId":"2156741169","repostType":4,"isVote":1,"tweetType":1,"viewCount":160,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":802807992,"gmtCreate":1627744708816,"gmtModify":1633756687743,"author":{"id":"3581490787994555","authorId":"3581490787994555","name":"Willretard8","avatar":"https://static.tigerbbs.com/55d367736decafe822ab65564b27b8a2","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3581490787994555","authorIdStr":"3581490787994555"},"themes":[],"htmlText":"Absolutely yes&nbsp;“nobody knows”. Media’s job is to generate news frequently whether&nbsp;highs or lows. Most time those reports are imaginations,&nbsp;misinformation and&nbsp;speculations, bad is most readers buy it.&nbsp;","listText":"Absolutely yes&nbsp;“nobody knows”. Media’s job is to generate news frequently whether&nbsp;highs or lows. Most time those reports are imaginations,&nbsp;misinformation and&nbsp;speculations, bad is most readers buy it.&nbsp;","text":"Absolutely yes “nobody knows”. Media’s job is to generate news frequently whether highs or lows. Most time those reports are imaginations, misinformation and speculations, bad is most readers buy it.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/802807992","repostId":"1127411624","repostType":4,"repost":{"id":"1127411624","kind":"news","pubTimestamp":1627715622,"share":"https://www.laohu8.com/m/news/1127411624?lang=&edition=full","pubTime":"2021-07-31 15:13","market":"us","language":"en","title":"Here’s your to-do list before the stock market’s next dive","url":"https://stock-news.laohu8.com/highlight/detail?id=1127411624","media":"MarketWatch","summary":"After hibernating for months, the stock-market bears came out of their caves on July 19. That day, t","content":"<p>After hibernating for months, the stock-market bears came out of their caves on July 19. That day, the Dow Jones Industrial AverageDJIA,-0.42%tumbled 725 points or 2.1%. The bears hit a home run — at least for a day.</p>\n<p>As usual, everyone wanted to know why the market fell, and the analysts had prepared answers, from COVID-19’s Delta variant to the Consumer Price Index to overbought technical indicators.</p>\n<p>The truth is that nobody knows. People have multiple reasons for selling, so it’s ridiculous to blame one event. That said, a big contributor to the decline was automatic, computer-generated selling. Once large market participants, especially algos, started selling, there was a mad rush out of the door. No one wanted to be the last one out, so retail traders and institutions sold in a panic, which got more intense as the day went on.</p>\n<p>Technical indicators contributed as well: The weekly relative strength indicator (RSI) has been remarkably accurate in warning of a market reversal. Once RSI goes over 70 and stays there, buyers beware.&nbsp; After the July 26 market close, the RSI of the S&amp;P 500SPX,-0.54%stood at 71.36 on the weekly chart — an extremely overbought reading. Does this mean that the index is going to plunge tomorrow? No one knows. But RSI is giving a clue that the U.S. market is in the danger zone.</p>\n<p><b>The bad news bears can’t catch a break</b></p>\n<p>Before the bears could say, “I told you so,” the next day, July 20, the 700-plus point Dow selloff was erased by a 550-point Dow rally. The bulls forgot about the selloff and returned to celebrating, and gulping glass after glass of their favorite drink, “bull-ade.” Once again, the storm passed, but this time a little fear creeped into the bulls’ psyche. Before, the only fear was the fear of missing out on the next rally. Now, many investors realize the market can actually go down.</p>\n<p><b>What to do now</b></p>\n<p>The next time the market plunges and you’re experiencing a variety of emotions, the following guide might help:</p>\n<p><b>1. If you’re panicked</b>: Don’t do something; sit there. Do not buy, do not sell, just sit tight. In fact, turn off the computer or other devices. Don’t fret over how much paper money you lost that day. Exercise, walk, run, swim, ride a bike. Your goal is to reduce emotions so you can get a good night’s sleep. When the market stabilizes, reevaluate what you own. Do not make any big financial decisions on days like this.</p>\n<p><b>2. If you’re afraid</b>: Take it easy. The selloff will end eventually. There is no reason to panic. Again, reevaluate what you own when the market comes to its senses.</p>\n<p><b>3. If you’re unaffected:</b>Still, check your portfolio to make sure you are properly diversified. While it’s find to not care if the market falls, be sure you are hedged for a worst-case scenario. One day there will be a bear market that will last months or years. Be prepared.</p>\n<p><b>What specific actions should you take?</b></p>\n<p>Now that you’ve taken care of your emotional health, there are other financial decisions you can make. Let’s take a look atsome strategies and tacticsthat may help:</p>\n<ol>\n <li>Sell if the stocks or indexes you own fall below their 200-day moving averages. Note: The major indexes such as the Standard &amp; Poor’s 500SPX,-0.54%have not fallen below (and stayed below) their 200-day averages for a decade. When they do eventually, that is a clear sell signal.</li>\n <li>Create a long-term investment plan and follow it no matter what happens in the short term.</li>\n <li>Dollar-cost average into index funds.</li>\n <li>Diversify. This is the key to success in the stock market and in life. If you own only stocks, consider bonds, but talk to a financial professional (not your neighbor) before taking this step.</li>\n <li>Buy the big dips. This strategy still works. If you had bought the dip on July 19, you would have cleaned up on July 20. One day this strategy won’t work, but that day hasn’t come yet.</li>\n <li>Sell covered-call options. This is still an excellent way to generate extra income. This strategy is also ideal for disposing of unwanted stocks, and getting paid for it.</li>\n</ol>\n<p><b>Plan for the next correction or bear market</b></p>\n<p>After a 13-year bull market, the clock is ticking for U.S. stocks. While the bulls scored another victory this time, one day the market won’t reverse direction and will begin a steep correction, or worse yet, a bear market. That’s when you will be glad that you have a plan and an investment script to follow on the worst days.</p>\n<p>Know what you own, sell to the “sleep-well” point and diversify into a variety of financial products including cash and bonds. This way, when the market plunges again, you won’t make knee-jerk emotional decisions or suffer an anxiety attack.</p>","source":"lsy1603348471595","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Here’s your to-do list before the stock market’s next dive</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\">\nHere’s your to-do list before the stock market’s next dive\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-07-31 15:13 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.marketwatch.com/story/heres-your-to-do-list-before-the-stock-markets-next-dive-11627360870?mod=article_inline><strong>MarketWatch</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>After hibernating for months, the stock-market bears came out of their caves on July 19. That day, the Dow Jones Industrial AverageDJIA,-0.42%tumbled 725 points or 2.1%. The bears hit a home run — at ...</p>\n\n<a href=\"https://www.marketwatch.com/story/heres-your-to-do-list-before-the-stock-markets-next-dive-11627360870?mod=article_inline\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".IXIC":"NASDAQ Composite","SPY":"标普500ETF",".DJI":"道琼斯",".SPX":"S&P 500 Index"},"source_url":"https://www.marketwatch.com/story/heres-your-to-do-list-before-the-stock-markets-next-dive-11627360870?mod=article_inline","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1127411624","content_text":"After hibernating for months, the stock-market bears came out of their caves on July 19. That day, the Dow Jones Industrial AverageDJIA,-0.42%tumbled 725 points or 2.1%. The bears hit a home run — at least for a day.\nAs usual, everyone wanted to know why the market fell, and the analysts had prepared answers, from COVID-19’s Delta variant to the Consumer Price Index to overbought technical indicators.\nThe truth is that nobody knows. People have multiple reasons for selling, so it’s ridiculous to blame one event. That said, a big contributor to the decline was automatic, computer-generated selling. Once large market participants, especially algos, started selling, there was a mad rush out of the door. No one wanted to be the last one out, so retail traders and institutions sold in a panic, which got more intense as the day went on.\nTechnical indicators contributed as well: The weekly relative strength indicator (RSI) has been remarkably accurate in warning of a market reversal. Once RSI goes over 70 and stays there, buyers beware.  After the July 26 market close, the RSI of the S&P 500SPX,-0.54%stood at 71.36 on the weekly chart — an extremely overbought reading. Does this mean that the index is going to plunge tomorrow? No one knows. But RSI is giving a clue that the U.S. market is in the danger zone.\nThe bad news bears can’t catch a break\nBefore the bears could say, “I told you so,” the next day, July 20, the 700-plus point Dow selloff was erased by a 550-point Dow rally. The bulls forgot about the selloff and returned to celebrating, and gulping glass after glass of their favorite drink, “bull-ade.” Once again, the storm passed, but this time a little fear creeped into the bulls’ psyche. Before, the only fear was the fear of missing out on the next rally. Now, many investors realize the market can actually go down.\nWhat to do now\nThe next time the market plunges and you’re experiencing a variety of emotions, the following guide might help:\n1. If you’re panicked: Don’t do something; sit there. Do not buy, do not sell, just sit tight. In fact, turn off the computer or other devices. Don’t fret over how much paper money you lost that day. Exercise, walk, run, swim, ride a bike. Your goal is to reduce emotions so you can get a good night’s sleep. When the market stabilizes, reevaluate what you own. Do not make any big financial decisions on days like this.\n2. If you’re afraid: Take it easy. The selloff will end eventually. There is no reason to panic. Again, reevaluate what you own when the market comes to its senses.\n3. If you’re unaffected:Still, check your portfolio to make sure you are properly diversified. While it’s find to not care if the market falls, be sure you are hedged for a worst-case scenario. One day there will be a bear market that will last months or years. Be prepared.\nWhat specific actions should you take?\nNow that you’ve taken care of your emotional health, there are other financial decisions you can make. Let’s take a look atsome strategies and tacticsthat may help:\n\nSell if the stocks or indexes you own fall below their 200-day moving averages. Note: The major indexes such as the Standard & Poor’s 500SPX,-0.54%have not fallen below (and stayed below) their 200-day averages for a decade. When they do eventually, that is a clear sell signal.\nCreate a long-term investment plan and follow it no matter what happens in the short term.\nDollar-cost average into index funds.\nDiversify. This is the key to success in the stock market and in life. If you own only stocks, consider bonds, but talk to a financial professional (not your neighbor) before taking this step.\nBuy the big dips. This strategy still works. If you had bought the dip on July 19, you would have cleaned up on July 20. One day this strategy won’t work, but that day hasn’t come yet.\nSell covered-call options. This is still an excellent way to generate extra income. This strategy is also ideal for disposing of unwanted stocks, and getting paid for it.\n\nPlan for the next correction or bear market\nAfter a 13-year bull market, the clock is ticking for U.S. stocks. While the bulls scored another victory this time, one day the market won’t reverse direction and will begin a steep correction, or worse yet, a bear market. That’s when you will be glad that you have a plan and an investment script to follow on the worst days.\nKnow what you own, sell to the “sleep-well” point and diversify into a variety of financial products including cash and bonds. This way, when the market plunges again, you won’t make knee-jerk emotional decisions or suffer an anxiety attack.","news_type":1},"isVote":1,"tweetType":1,"viewCount":145,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":803778593,"gmtCreate":1627468716512,"gmtModify":1631886209328,"author":{"id":"3581490787994555","authorId":"3581490787994555","name":"Willretard8","avatar":"https://static.tigerbbs.com/55d367736decafe822ab65564b27b8a2","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3581490787994555","authorIdStr":"3581490787994555"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/MCD\">$McDonald's(MCD)$</a>a must have defensive stock","listText":"<a href=\"https://laohu8.com/S/MCD\">$McDonald's(MCD)$</a>a must have defensive stock","text":"$McDonald's(MCD)$a must have defensive stock","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/803778593","repostId":"1191608714","repostType":4,"isVote":1,"tweetType":1,"viewCount":124,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"lives":[]}