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Starbucks' Q3 Earnings Preview: Will Reopening Momentum Last?

2021-05-01

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2021-04-27

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2021-04-26

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2021-04-26

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href=\"https://laohu8.com/S/F\">$Ford(F)$</a>😢","listText":"<a href=\"https://laohu8.com/S/F\">$Ford(F)$</a>😢","text":"$Ford(F)$😢","images":[{"img":"https://static.tigerbbs.com/2d025387f97f2ced3f7ba2512cfb8929","width":"1242","height":"2151"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/812959455","isVote":1,"tweetType":1,"viewCount":100,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":836563139,"gmtCreate":1629508016721,"gmtModify":1631884993244,"author":{"id":"3581940504139952","authorId":"3581940504139952","name":"LEOLIMSF","avatar":"https://static.tigerbbs.com/bff8ba112e5f22c008d8a4161c4a6c57","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3581940504139952","authorIdStr":"3581940504139952"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/F\">$Ford(F)$</a>😰","listText":"<a 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23:07","market":"us","language":"en","title":"Starbucks' Q3 Earnings Preview: Will Reopening Momentum Last?","url":"https://stock-news.laohu8.com/highlight/detail?id=1177576068","media":"Motley Fool ","summary":"The international coffee giant is set to report earnings after the market closes on Tuesday.","content":"<p><b>Key Points</b></p>\n<ul>\n <li>The delta variant might slow reopening momentum for many companies, including Starbucks.</li>\n <li>Starbucks' stock is up by double-digit percentages in the last month.</li>\n <li>Starbucks' investors might be too optimistic heading into earnings.</li>\n</ul>\n<p><b>Starbucks</b>&nbsp;(NASDAQ:SBUX)was hit hard at the onset of the pandemic as it had to close most of its stores to in-restaurant dining to help slow the spread of the coronavirus. Slowly, it has been recovering lost ground as economies are going through stages of reopening.</p>\n<p>The company will report third-quarter earnings on Tuesday, July 27, and investors expect a continuation of that&nbsp;reopening&nbsp;momentum. But emerging trends -- mainly the surge in coronavirus infections caused by the delta variant -- could derail the recovery.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/4e0875ca620cdb84140a34cc2ca270bd\" tg-width=\"2000\" tg-height=\"1333\" referrerpolicy=\"no-referrer\"><span>IMAGE SOURCE: GETTY IMAGES.</span></p>\n<p><b>The delta variant risks slowing down reopening momentum</b></p>\n<p>Starbucks has 20,261 locations in the U.S. and China, which represent 62% of its&nbsp;locations worldwide. The two countries are also furthest along in vaccinating their populations. As of this writing, China has administered over 1.54 billion doses, and the U.S. has administered 342 million -- enough to fully vaccinate 55% and 53.4% of their populations, respectively.</p>\n<p>The higher vaccination rates are allowing for faster reopening of economies in the two markets. In its most recent quarter, Starbucks reported U.S. sales eclipsed levels from before the pandemic. Meanwhile, sales in China were 90% recovered. Therefore, a resurgence in COVID-19 cases caused by the delta variant is less likely to cause economic lockdowns in those two countries.</p>\n<p>Even if a renewal of lockdowns is far less likely, the resurgence in cases could slow down reopening. Millions of students are expected to return to campus in the fall semester. And businesses are preparing to bring back&nbsp;employees to offices&nbsp;at least part-time in the second half of the year. The increase in infections could delay both.</p>\n<p><b>What this could mean for investors</b></p>\n<p>Analysts on Wall Street expect Starbucks to report revenue of $7.24 billion and earnings per share of $0.77 in its third quarter. If it meets those expectations, it would lift year-to-date revenue to $20.64 billion after the company reported revenue of $6.7 billion each in the first and second quarter.</p>\n<p>Interestingly, management has informed investors to expect overall revenue in the range of $28.5 billion to $29.3 billion for fiscal 2021. And considering that historically, Starbucks generates more revenue in the final quarter of the year compared to the first three, it would be on pace for reaching the yearly target.</p>\n<p>Still, management might provide an update on the fourth quarter. The delta variant is at least slowing the pace of economic reopenings. For instance, several major corporations have delayed a return to offices, and some countries have extended or instituted travel restrictions. Those developments could have hampered Starbucks' expectations for the fourth quarter.</p>\n<p>The&nbsp;stock price is up&nbsp;16.9% in 2021 and 11.5% in the last month alone. It does not appear that investors are pricing in any possibility of negative news coming out of Starbucks' earnings report. That raises the potential for a sharper sell-off if there is one.Investors&nbsp;looking to start a position in the company are better served waiting until after the earnings release to buy. That way, it will remove some of the downside risks of bad news coming out of the earnings report.</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>Starbucks' Q3 Earnings Preview: Will Reopening Momentum Last?</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\">\nStarbucks' Q3 Earnings Preview: Will Reopening Momentum Last?\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-07-26 23:07 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.fool.com/investing/2021/07/26/starbucks-q3-earnings-will-reopening-momentum-last/><strong>Motley Fool </strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Key Points\n\nThe delta variant might slow reopening momentum for many companies, including Starbucks.\nStarbucks' stock is up by double-digit percentages in the last month.\nStarbucks' investors might be...</p>\n\n<a href=\"https://www.fool.com/investing/2021/07/26/starbucks-q3-earnings-will-reopening-momentum-last/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"SBUX":"星巴克"},"source_url":"https://www.fool.com/investing/2021/07/26/starbucks-q3-earnings-will-reopening-momentum-last/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1177576068","content_text":"Key Points\n\nThe delta variant might slow reopening momentum for many companies, including Starbucks.\nStarbucks' stock is up by double-digit percentages in the last month.\nStarbucks' investors might be too optimistic heading into earnings.\n\nStarbucks (NASDAQ:SBUX)was hit hard at the onset of the pandemic as it had to close most of its stores to in-restaurant dining to help slow the spread of the coronavirus. Slowly, it has been recovering lost ground as economies are going through stages of reopening.\nThe company will report third-quarter earnings on Tuesday, July 27, and investors expect a continuation of that reopening momentum. But emerging trends -- mainly the surge in coronavirus infections caused by the delta variant -- could derail the recovery.\nIMAGE SOURCE: GETTY IMAGES.\nThe delta variant risks slowing down reopening momentum\nStarbucks has 20,261 locations in the U.S. and China, which represent 62% of its locations worldwide. The two countries are also furthest along in vaccinating their populations. As of this writing, China has administered over 1.54 billion doses, and the U.S. has administered 342 million -- enough to fully vaccinate 55% and 53.4% of their populations, respectively.\nThe higher vaccination rates are allowing for faster reopening of economies in the two markets. In its most recent quarter, Starbucks reported U.S. sales eclipsed levels from before the pandemic. Meanwhile, sales in China were 90% recovered. Therefore, a resurgence in COVID-19 cases caused by the delta variant is less likely to cause economic lockdowns in those two countries.\nEven if a renewal of lockdowns is far less likely, the resurgence in cases could slow down reopening. Millions of students are expected to return to campus in the fall semester. And businesses are preparing to bring back employees to offices at least part-time in the second half of the year. The increase in infections could delay both.\nWhat this could mean for investors\nAnalysts on Wall Street expect Starbucks to report revenue of $7.24 billion and earnings per share of $0.77 in its third quarter. If it meets those expectations, it would lift year-to-date revenue to $20.64 billion after the company reported revenue of $6.7 billion each in the first and second quarter.\nInterestingly, management has informed investors to expect overall revenue in the range of $28.5 billion to $29.3 billion for fiscal 2021. And considering that historically, Starbucks generates more revenue in the final quarter of the year compared to the first three, it would be on pace for reaching the yearly target.\nStill, management might provide an update on the fourth quarter. The delta variant is at least slowing the pace of economic reopenings. For instance, several major corporations have delayed a return to offices, and some countries have extended or instituted travel restrictions. Those developments could have hampered Starbucks' expectations for the fourth quarter.\nThe stock price is up 16.9% in 2021 and 11.5% in the last month alone. It does not appear that investors are pricing in any possibility of negative news coming out of Starbucks' earnings report. That raises the potential for a sharper sell-off if there is one.Investors looking to start a position in the company are better served waiting until after the earnings release to buy. That way, it will remove some of the downside risks of bad news coming out of the earnings report.","news_type":1},"isVote":1,"tweetType":1,"viewCount":123,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":101011139,"gmtCreate":1619830170021,"gmtModify":1634209671385,"author":{"id":"3581940504139952","authorId":"3581940504139952","name":"LEOLIMSF","avatar":"https://static.tigerbbs.com/bff8ba112e5f22c008d8a4161c4a6c57","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3581940504139952","authorIdStr":"3581940504139952"},"themes":[],"htmlText":"Please like and comment.&nbsp;Thank you.","listText":"Please like and comment.&nbsp;Thank you.","text":"Please like and comment. Thank you.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":5,"repostSize":0,"link":"https://laohu8.com/post/101011139","repostId":"1182317990","repostType":4,"isVote":1,"tweetType":1,"viewCount":317,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":377604293,"gmtCreate":1619520710412,"gmtModify":1631885091955,"author":{"id":"3581940504139952","authorId":"3581940504139952","name":"LEOLIMSF","avatar":"https://static.tigerbbs.com/bff8ba112e5f22c008d8a4161c4a6c57","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3581940504139952","authorIdStr":"3581940504139952"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/DIS\">$Walt Disney(DIS)$</a>please comment and like. Thank you.&nbsp;","listText":"<a href=\"https://laohu8.com/S/DIS\">$Walt Disney(DIS)$</a>please comment and like. Thank you.&nbsp;","text":"$Walt Disney(DIS)$please comment and like. Thank you.","images":[{"img":"https://static.tigerbbs.com/2202e192e52bd29a1255adc8d2bc0d42","width":"1242","height":"2151"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/377604293","isVote":1,"tweetType":1,"viewCount":321,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":374265790,"gmtCreate":1619449418810,"gmtModify":1634273358723,"author":{"id":"3581940504139952","authorId":"3581940504139952","name":"LEOLIMSF","avatar":"https://static.tigerbbs.com/bff8ba112e5f22c008d8a4161c4a6c57","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3581940504139952","authorIdStr":"3581940504139952"},"themes":[],"htmlText":"Please comment and like. Thank you.&nbsp;","listText":"Please comment and like. Thank you.&nbsp;","text":"Please comment and like. Thank you.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":2,"repostSize":0,"link":"https://laohu8.com/post/374265790","repostId":"1179520467","repostType":4,"isVote":1,"tweetType":1,"viewCount":416,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":375720436,"gmtCreate":1619397954425,"gmtModify":1634273840291,"author":{"id":"3581940504139952","authorId":"3581940504139952","name":"LEOLIMSF","avatar":"https://static.tigerbbs.com/bff8ba112e5f22c008d8a4161c4a6c57","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3581940504139952","authorIdStr":"3581940504139952"},"themes":[],"htmlText":"Like","listText":"Like","text":"Like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/375720436","repostId":"1158089249","repostType":4,"repost":{"id":"1158089249","kind":"news","pubTimestamp":1619395361,"share":"https://www.laohu8.com/m/news/1158089249?lang=&edition=full","pubTime":"2021-04-26 08:02","market":"fut","language":"en","title":"Dollar Consensus Splinters as Investors Clash on U.S. Recovery","url":"https://stock-news.laohu8.com/highlight/detail?id=1158089249","media":"Bloomberg","summary":"Greenback has retreated to test this year’s surprise uptrend\nPineBridge sees risks of dollar strengt","content":"<ul>\n <li>Greenback has retreated to test this year’s surprise uptrend</li>\n <li>PineBridge sees risks of dollar strength, JPMorgan bearish</li>\n</ul>\n<p>The most popular&nbsp;currency trade&nbsp;at the beginning of the year has splintered as Wall Street takes to opposing sides on the fate of the dollar in the world’s pandemic recovery.</p>\n<p>JPMorgan Asset Management and T. Rowe Price see the dollar weakening as U.S. economic exceptionalism wanes, while PineBridge Investments expects it to strengthen. Currencies from the euro to the Brazilian real -- which suffered in the first quarter -- have attempted rallies this month leaving the greenback sitting at a closely-watched technical&nbsp;crossroads.</p>\n<p>“You have that idiosyncratic U.S. rates outperformance story being offset by the global cyclical upswing and by expensive valuations on the dollar,” said Ian Samson, amulti-asset fund manager at Fidelity International in Hong Kong, who is long the currency against the euro. “We see significant crosswinds blowing the dollar in different directions.”</p>\n<p><img src=\"https://static.tigerbbs.com/6ac0b5e3c13f3f643addee218b2559c4\" tg-width=\"1200\" tg-height=\"675\"></p>\n<p>While most on Wall Street called for a weaker dollar in January, the world’s reserve currency went on a run that left speculative fundsscramblingto cover $30 billion of net short positions as Treasury yields climbed and expectations of rate hikes were brought forward. That trade soured this month, with the Bloomberg Dollar Spot Index slipping almost 2%. This week’s policy assessment by the Federal Reserve, which has held firm against hawkish expectations, could lend weight to bears.</p>\n<p>At the crux of dollar forecasts is expectations for the pace of recovery in the world’s biggest economy.</p>\n<p><b>U.S. Edge</b></p>\n<p>As the world strives to break free from the bruising economic effect of coronavirus restrictions, the U.S. has inoculated&nbsp;more citizens&nbsp;than any other country, giving it an edge in the race to re-open. Coupled with the Biden administration’smulti-trillion dollar fiscal stimulus and a Fed that’s allowing inflation to overshoot, it’s spurring the likes of PineBridge Investments to predict more dollar gains.</p>\n<p>“U.S. Treasury yields could see another leg higher once we see some inflation come back,” with their premium over peers supporting the dollar, said Omar Slim, portfolio manager at PineBridge in Singapore. “Our view is that the dollar will retain a strengthening bias this year.”</p>\n<p>Ten-year U.S. yields surged more than 80 basis points this year to 1.77% in March, the highest since before the pandemic. While the benchmark has retreated to 1.56% on Friday, it remains well above this year’s low of around 0.90%.</p>\n<p><img src=\"https://static.tigerbbs.com/d3e0a8325b613886ec6f8579c3b4bab1\" tg-width=\"1200\" tg-height=\"675\"></p>\n<p>“Positive U.S. data might very easily kick-start a dollar rally again,” wrote Commerzbank AG currency strategist Thu Lan Nguyen in a note last week. “So for now U.S. dollar bears should make sure that they don’t get excited too soon.”</p>\n<p><b>Catching Up</b></p>\n<p>But not everyone is convinced the U.S. will continue outpacing peers.</p>\n<p>Thushka Maharaj, JPMorgan Asset Management</p>\n<p>For JPMorgan Asset’s Thushka Maharaj, its exceptionalism is set to fade as other nations catch-up on vaccine roll-outs and economic re-openings in the second half of the year.</p>\n<p>The London-based strategist is keeping tabs on developed markets like Europe, the U.K. and Japan, and sees the euro outperforming the dollar in the medium term. “We are expecting the rebound in these economies to mirror what we are seeing in the U.S. right now,” she said.</p>\n<p>Signs abound this trend is underway.</p>\n<p>Coronaviruses cases are rising in all regions except&nbsp;Europe, the World Health Organization said on Tuesday. The European Union is&nbsp;unleashing&nbsp;a new immunization drive to cover the bulk of its population within a few months, while on the economic front, recent PMI data have&nbsp;beaten expectations.</p>\n<p>The euro has climbed about 3% from a four-month low in March, and broke through the key $1.20 level last week.</p>\n<p><img src=\"https://static.tigerbbs.com/fdcaebebf90cd90ec7dd55fd1f1a5e3e\" tg-width=\"1200\" tg-height=\"675\"></p>\n<p>Some favor other currencies to best the greenback. T. Rowe’s Thomas Poullaouec sees more gains for Australia’s risk-sensitive dollar as China’s economy rebounds from the pandemic and demand for commodities rise.</p>\n<p>Aberdeen Standard Investments’ Edwin Gutierrez is watching for opportunities to boost exposure to riskier developing currencies as “the rest of the world catches up on the vaccine roll-out.”</p>\n<p>The Brazilian real, Indian rupee and Colombian peso -- which have been pummeled as the coronavirus raged across those countries -- stand out for the head of emerging-market sovereign debt in London.</p>\n<p><b>Substantially Overvalued</b></p>\n<p>In the meantime, vocal bears continue to warn about long-term headwinds for the dollar.</p>\n<p>“Beyond the near term, we continue to see a structurally negative outlook for the U.S. currency,” wrote Goldman Sachs Group Inc. strategists including Zach Pandl in a note Tuesday. “The dollar is still substantially overvalued.”</p>","source":"lsy1584095487587","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; 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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\">\nDollar Consensus Splinters as Investors Clash on U.S. Recovery\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-04-26 08:02 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.bloomberg.com/news/articles/2021-04-25/dollar-consensus-splinters-as-investors-clash-on-u-s-recovery?srnd=premium-asia><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Greenback has retreated to test this year’s surprise uptrend\nPineBridge sees risks of dollar strength, JPMorgan bearish\n\nThe most popular currency trade at the beginning of the year has splintered as ...</p>\n\n<a href=\"https://www.bloomberg.com/news/articles/2021-04-25/dollar-consensus-splinters-as-investors-clash-on-u-s-recovery?srnd=premium-asia\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".IXIC":"NASDAQ Composite",".SPX":"S&P 500 Index",".DJI":"道琼斯"},"source_url":"https://www.bloomberg.com/news/articles/2021-04-25/dollar-consensus-splinters-as-investors-clash-on-u-s-recovery?srnd=premium-asia","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1158089249","content_text":"Greenback has retreated to test this year’s surprise uptrend\nPineBridge sees risks of dollar strength, JPMorgan bearish\n\nThe most popular currency trade at the beginning of the year has splintered as Wall Street takes to opposing sides on the fate of the dollar in the world’s pandemic recovery.\nJPMorgan Asset Management and T. Rowe Price see the dollar weakening as U.S. economic exceptionalism wanes, while PineBridge Investments expects it to strengthen. Currencies from the euro to the Brazilian real -- which suffered in the first quarter -- have attempted rallies this month leaving the greenback sitting at a closely-watched technical crossroads.\n“You have that idiosyncratic U.S. rates outperformance story being offset by the global cyclical upswing and by expensive valuations on the dollar,” said Ian Samson, amulti-asset fund manager at Fidelity International in Hong Kong, who is long the currency against the euro. “We see significant crosswinds blowing the dollar in different directions.”\n\nWhile most on Wall Street called for a weaker dollar in January, the world’s reserve currency went on a run that left speculative fundsscramblingto cover $30 billion of net short positions as Treasury yields climbed and expectations of rate hikes were brought forward. That trade soured this month, with the Bloomberg Dollar Spot Index slipping almost 2%. This week’s policy assessment by the Federal Reserve, which has held firm against hawkish expectations, could lend weight to bears.\nAt the crux of dollar forecasts is expectations for the pace of recovery in the world’s biggest economy.\nU.S. Edge\nAs the world strives to break free from the bruising economic effect of coronavirus restrictions, the U.S. has inoculated more citizens than any other country, giving it an edge in the race to re-open. Coupled with the Biden administration’smulti-trillion dollar fiscal stimulus and a Fed that’s allowing inflation to overshoot, it’s spurring the likes of PineBridge Investments to predict more dollar gains.\n“U.S. Treasury yields could see another leg higher once we see some inflation come back,” with their premium over peers supporting the dollar, said Omar Slim, portfolio manager at PineBridge in Singapore. “Our view is that the dollar will retain a strengthening bias this year.”\nTen-year U.S. yields surged more than 80 basis points this year to 1.77% in March, the highest since before the pandemic. While the benchmark has retreated to 1.56% on Friday, it remains well above this year’s low of around 0.90%.\n\n“Positive U.S. data might very easily kick-start a dollar rally again,” wrote Commerzbank AG currency strategist Thu Lan Nguyen in a note last week. “So for now U.S. dollar bears should make sure that they don’t get excited too soon.”\nCatching Up\nBut not everyone is convinced the U.S. will continue outpacing peers.\nThushka Maharaj, JPMorgan Asset Management\nFor JPMorgan Asset’s Thushka Maharaj, its exceptionalism is set to fade as other nations catch-up on vaccine roll-outs and economic re-openings in the second half of the year.\nThe London-based strategist is keeping tabs on developed markets like Europe, the U.K. and Japan, and sees the euro outperforming the dollar in the medium term. “We are expecting the rebound in these economies to mirror what we are seeing in the U.S. right now,” she said.\nSigns abound this trend is underway.\nCoronaviruses cases are rising in all regions except Europe, the World Health Organization said on Tuesday. The European Union is unleashing a new immunization drive to cover the bulk of its population within a few months, while on the economic front, recent PMI data have beaten expectations.\nThe euro has climbed about 3% from a four-month low in March, and broke through the key $1.20 level last week.\n\nSome favor other currencies to best the greenback. T. Rowe’s Thomas Poullaouec sees more gains for Australia’s risk-sensitive dollar as China’s economy rebounds from the pandemic and demand for commodities rise.\nAberdeen Standard Investments’ Edwin Gutierrez is watching for opportunities to boost exposure to riskier developing currencies as “the rest of the world catches up on the vaccine roll-out.”\nThe Brazilian real, Indian rupee and Colombian peso -- which have been pummeled as the coronavirus raged across those countries -- stand out for the head of emerging-market sovereign debt in London.\nSubstantially Overvalued\nIn the meantime, vocal bears continue to warn about long-term headwinds for the dollar.\n“Beyond the near term, we continue to see a structurally negative outlook for the U.S. currency,” wrote Goldman Sachs Group Inc. strategists including Zach Pandl in a note Tuesday. “The dollar is still substantially overvalued.”","news_type":1},"isVote":1,"tweetType":1,"viewCount":216,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":375767685,"gmtCreate":1619397899347,"gmtModify":1631885092642,"author":{"id":"3581940504139952","authorId":"3581940504139952","name":"LEOLIMSF","avatar":"https://static.tigerbbs.com/bff8ba112e5f22c008d8a4161c4a6c57","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3581940504139952","authorIdStr":"3581940504139952"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/DIS\">$Walt Disney(DIS)$</a>Please comment and like. 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Thank you.","images":[{"img":"https://static.tigerbbs.com/85e2acbb34db34d0d0994b7467fc0d52","width":"1242","height":"2151"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":3,"repostSize":0,"link":"https://laohu8.com/post/375767685","isVote":1,"tweetType":1,"viewCount":612,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":375088014,"gmtCreate":1619258264038,"gmtModify":1634287396679,"author":{"id":"3581940504139952","authorId":"3581940504139952","name":"LEOLIMSF","avatar":"https://static.tigerbbs.com/bff8ba112e5f22c008d8a4161c4a6c57","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3581940504139952","authorIdStr":"3581940504139952"},"themes":[],"htmlText":"Please comment and like my post. Thank you.&nbsp;","listText":"Please comment and like my post. Thank you.&nbsp;","text":"Please comment and like my post. Thank you.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":2,"repostSize":0,"link":"https://laohu8.com/post/375088014","repostId":"1172227414","repostType":4,"isVote":1,"tweetType":1,"viewCount":104,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":374265790,"gmtCreate":1619449418810,"gmtModify":1634273358723,"author":{"id":"3581940504139952","authorId":"3581940504139952","name":"LEOLIMSF","avatar":"https://static.tigerbbs.com/bff8ba112e5f22c008d8a4161c4a6c57","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3581940504139952","authorIdStr":"3581940504139952"},"themes":[],"htmlText":"Please comment and like. Thank you.&nbsp;","listText":"Please comment and like. Thank you.&nbsp;","text":"Please comment and like. Thank you.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":2,"repostSize":0,"link":"https://laohu8.com/post/374265790","repostId":"1179520467","repostType":4,"repost":{"id":"1179520467","kind":"news","weMediaInfo":{"introduction":"Stock Market Quotes, Business News, Financial News, Trading Ideas, and Stock Research by Professionals","home_visible":0,"media_name":"Benzinga","id":"1052270027","head_image":"https://static.tigerbbs.com/d08bf7808052c0ca9deb4e944cae32aa"},"pubTimestamp":1619448994,"share":"https://www.laohu8.com/m/news/1179520467?lang=&edition=full","pubTime":"2021-04-26 22:56","market":"us","language":"en","title":"Amazon Invests In 9 Renewable Energy Projects In 5 Countries","url":"https://stock-news.laohu8.com/highlight/detail?id=1179520467","media":"Benzinga","summary":"Amazon.com Inc. (NASDAQ: AMZN) has announced investments in nine new renewable energy projects acros","content":"<p><b>Amazon.com Inc.</b> (NASDAQ: <a href=\"https://www.benzinga.com/stock/amzn#NASDAQ\" target=\"_blank\">AMZN</a>) has announced investments in nine new renewable energy projects across five countries.</p>\n<p><b>What Happened:</b> The Seattle-headquartered company’s investments in North America encompass a 100 MW solar project in The Valley of the Kings, California, that will generate enough energy to power more than 28,000 homes a year, including 70 MW of storage; a&nbsp;118 MW wind power project in Murray County, Oklahoma,&nbsp;the company’s first investment in that state;&nbsp;and new solar projects in three Ohio counties that will generate more than 400 MW of electricity.</p>\n<p>In Europe, Amazon is investing in the U.K.’s largest corporate renewable energy project, a 350 MW wind farm off the coast of Scotland. The company is also investing in two solar projects&nbsp;in Spain&nbsp;that add more than 170 MW to the nation’s grid and a 258 MW onshore wind project in northern Sweden.</p>\n<p>The company did not disclose the financial aspects of its new investments.</p>\n<p><b>Why It Matters:</b> In announcing the new projects, Amazon stated it now has investments in 206 renewable energy projects worldwide with a total generating capacity of 8.5 GW. The investments include 71 utility-scale wind and solar projects and 135 solar roof projects on commercial properties.</p>\n<p>“Many of our businesses are already operating using renewable energy, which we expect to use to power all Amazon sectors by 2025 —&nbsp;five years ahead of the original 2030 target,” said company founder and CEO Jeff Bezos in a press statement.</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>Amazon Invests In 9 Renewable Energy Projects In 5 Countries</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\">\nAmazon Invests In 9 Renewable Energy Projects In 5 Countries\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/d08bf7808052c0ca9deb4e944cae32aa);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Benzinga </p>\n<p class=\"h-time\">2021-04-26 22:56</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<p><b>Amazon.com Inc.</b> (NASDAQ: <a href=\"https://www.benzinga.com/stock/amzn#NASDAQ\" target=\"_blank\">AMZN</a>) has announced investments in nine new renewable energy projects across five countries.</p>\n<p><b>What Happened:</b> The Seattle-headquartered company’s investments in North America encompass a 100 MW solar project in The Valley of the Kings, California, that will generate enough energy to power more than 28,000 homes a year, including 70 MW of storage; a&nbsp;118 MW wind power project in Murray County, Oklahoma,&nbsp;the company’s first investment in that state;&nbsp;and new solar projects in three Ohio counties that will generate more than 400 MW of electricity.</p>\n<p>In Europe, Amazon is investing in the U.K.’s largest corporate renewable energy project, a 350 MW wind farm off the coast of Scotland. The company is also investing in two solar projects&nbsp;in Spain&nbsp;that add more than 170 MW to the nation’s grid and a 258 MW onshore wind project in northern Sweden.</p>\n<p>The company did not disclose the financial aspects of its new investments.</p>\n<p><b>Why It Matters:</b> In announcing the new projects, Amazon stated it now has investments in 206 renewable energy projects worldwide with a total generating capacity of 8.5 GW. The investments include 71 utility-scale wind and solar projects and 135 solar roof projects on commercial properties.</p>\n<p>“Many of our businesses are already operating using renewable energy, which we expect to use to power all Amazon sectors by 2025 —&nbsp;five years ahead of the original 2030 target,” said company founder and CEO Jeff Bezos in a press statement.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"AMZN":"亚马逊"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1179520467","content_text":"Amazon.com Inc. (NASDAQ: AMZN) has announced investments in nine new renewable energy projects across five countries.\nWhat Happened: The Seattle-headquartered company’s investments in North America encompass a 100 MW solar project in The Valley of the Kings, California, that will generate enough energy to power more than 28,000 homes a year, including 70 MW of storage; a 118 MW wind power project in Murray County, Oklahoma, the company’s first investment in that state; and new solar projects in three Ohio counties that will generate more than 400 MW of electricity.\nIn Europe, Amazon is investing in the U.K.’s largest corporate renewable energy project, a 350 MW wind farm off the coast of Scotland. The company is also investing in two solar projects in Spain that add more than 170 MW to the nation’s grid and a 258 MW onshore wind project in northern Sweden.\nThe company did not disclose the financial aspects of its new investments.\nWhy It Matters: In announcing the new projects, Amazon stated it now has investments in 206 renewable energy projects worldwide with a total generating capacity of 8.5 GW. The investments include 71 utility-scale wind and solar projects and 135 solar roof projects on commercial properties.\n“Many of our businesses are already operating using renewable energy, which we expect to use to power all Amazon sectors by 2025 — five years ahead of the original 2030 target,” said company founder and CEO Jeff Bezos in a press statement.","news_type":1},"isVote":1,"tweetType":1,"viewCount":416,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":372874633,"gmtCreate":1619194942322,"gmtModify":1634287824939,"author":{"id":"3581940504139952","authorId":"3581940504139952","name":"LEOLIMSF","avatar":"https://static.tigerbbs.com/bff8ba112e5f22c008d8a4161c4a6c57","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3581940504139952","authorIdStr":"3581940504139952"},"themes":[],"htmlText":"Please comment&nbsp;","listText":"Please comment&nbsp;","text":"Please comment","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/372874633","repostId":"2129843350","repostType":4,"isVote":1,"tweetType":1,"viewCount":241,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":371820910,"gmtCreate":1618927541130,"gmtModify":1634289838785,"author":{"id":"3581940504139952","authorId":"3581940504139952","name":"LEOLIMSF","avatar":"https://static.tigerbbs.com/bff8ba112e5f22c008d8a4161c4a6c57","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3581940504139952","authorIdStr":"3581940504139952"},"themes":[],"htmlText":"Please comment to help me earn points. Thank you.","listText":"Please comment to help me earn points. Thank you.","text":"Please comment to help me earn points. Thank you.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":2,"repostSize":0,"link":"https://laohu8.com/post/371820910","repostId":"2128844346","repostType":4,"isVote":1,"tweetType":1,"viewCount":56,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":809020926,"gmtCreate":1627340947865,"gmtModify":1633766060704,"author":{"id":"3581940504139952","authorId":"3581940504139952","name":"LEOLIMSF","avatar":"https://static.tigerbbs.com/bff8ba112e5f22c008d8a4161c4a6c57","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3581940504139952","authorIdStr":"3581940504139952"},"themes":[],"htmlText":"Good","listText":"Good","text":"Good","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/809020926","repostId":"1177576068","repostType":4,"isVote":1,"tweetType":1,"viewCount":123,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":372631817,"gmtCreate":1619197251539,"gmtModify":1634287808049,"author":{"id":"3581940504139952","authorId":"3581940504139952","name":"LEOLIMSF","avatar":"https://static.tigerbbs.com/bff8ba112e5f22c008d8a4161c4a6c57","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3581940504139952","authorIdStr":"3581940504139952"},"themes":[],"htmlText":"Please comment and like. Thank you.&nbsp;","listText":"Please comment and like. Thank you.&nbsp;","text":"Please comment and like. Thank you.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/372631817","repostId":"1101099559","repostType":4,"repost":{"id":"1101099559","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":1619191663,"share":"https://www.laohu8.com/m/news/1101099559?lang=&edition=full","pubTime":"2021-04-23 23:27","market":"us","language":"en","title":"Dow rebounds 200 points led by banks and tech as market shrugs off higher tax fears","url":"https://stock-news.laohu8.com/highlight/detail?id=1101099559","media":"Tiger Newspress","summary":"U.S. stocks rebounded on Friday as Wall Street reassessed concerns arising from news that the White ","content":"<p>U.S. stocks rebounded on Friday as Wall Street reassessed concerns arising from news that the White House could seek a hike to the capital gains tax.</p><p>The Dow Jones Industrial Average gained 200 points amid a jump in Goldman Sachs and Apple shares. The S&amp;P 500 rose 1% led by financials and technology shares, while the tech-heavy Nasdaq Composite climbed 1.2%.</p><p>Wall Street came off a turbulent session for equities after multiple news outlets reported Thursday afternoon that President Joe Biden is slated to propose much higher capital gains taxes for the rich.</p><p>Bloomberg News reported that Biden is planning a&nbsp;capital gains tax hike to as high as 43.4%&nbsp;for wealthy Americans.</p><p>The proposal would hike the capital gains rate to 39.6% for&nbsp;those earning $1 million or more, up from 20% currently, according to Bloomberg News, citing people familiar with the matter. Reuters and the New York Times later also reported similar stories.</p><p>“We expect Congress will pass a scaled back version of this tax increase,” wrote Goldman Sachs economists in a note. “We expect Congress will settle on a more modest increase, potentially around 28%.”</p><p>Week to date, the three major averages are all down about 1%.</p><p>Intel shares dropped more than 5% after it issued second-quarter earnings guidance&nbsp;below analysts’ hopes. American Express fell over 4% after the credit card company reported quarterly revenue that was slightly short of forecasts.</p><p>Snap shares, meanwhile, jumped 9% after it said&nbsp;it saw accelerating revenue growth and strong user numbers during the first quarter. Snap broke even on the bottom line while posting revenue of $770 million.</p><p>Corporations have for the most part managed to beat Wall Street’s forecasts thus far into earnings season. Still, strong first-quarter results have been met with a more tepid response from investors, who have not, to date, snapped up shares of companies with some of the best results.</p><p>Strategists say already-high valuations and near-record-high levels on the S&amp;P 500 and Dow have kept traders’ enthusiasm in check. But indexes are within 1.5% of their all-time highs even after Thursday’s losses.</p><p>Bitcoin&nbsp;plunged overnight, perhaps in part because of concerns about higher capital gains taxes, with the cryptocurrency last down about 8%, according to CoinMetrics. Other cryptocurrencies like Ethereum were also getting hit. So far, the sell-off there was not spilling over into other risk assets like equities.</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>Dow rebounds 200 points led by banks and tech as market shrugs off higher tax fears</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\">\nDow rebounds 200 points led by banks and tech as market shrugs off higher tax fears\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\">2021-04-23 23:27</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>U.S. stocks rebounded on Friday as Wall Street reassessed concerns arising from news that the White House could seek a hike to the capital gains tax.</p><p>The Dow Jones Industrial Average gained 200 points amid a jump in Goldman Sachs and Apple shares. The S&amp;P 500 rose 1% led by financials and technology shares, while the tech-heavy Nasdaq Composite climbed 1.2%.</p><p>Wall Street came off a turbulent session for equities after multiple news outlets reported Thursday afternoon that President Joe Biden is slated to propose much higher capital gains taxes for the rich.</p><p>Bloomberg News reported that Biden is planning a&nbsp;capital gains tax hike to as high as 43.4%&nbsp;for wealthy Americans.</p><p>The proposal would hike the capital gains rate to 39.6% for&nbsp;those earning $1 million or more, up from 20% currently, according to Bloomberg News, citing people familiar with the matter. Reuters and the New York Times later also reported similar stories.</p><p>“We expect Congress will pass a scaled back version of this tax increase,” wrote Goldman Sachs economists in a note. “We expect Congress will settle on a more modest increase, potentially around 28%.”</p><p>Week to date, the three major averages are all down about 1%.</p><p>Intel shares dropped more than 5% after it issued second-quarter earnings guidance&nbsp;below analysts’ hopes. American Express fell over 4% after the credit card company reported quarterly revenue that was slightly short of forecasts.</p><p>Snap shares, meanwhile, jumped 9% after it said&nbsp;it saw accelerating revenue growth and strong user numbers during the first quarter. Snap broke even on the bottom line while posting revenue of $770 million.</p><p>Corporations have for the most part managed to beat Wall Street’s forecasts thus far into earnings season. Still, strong first-quarter results have been met with a more tepid response from investors, who have not, to date, snapped up shares of companies with some of the best results.</p><p>Strategists say already-high valuations and near-record-high levels on the S&amp;P 500 and Dow have kept traders’ enthusiasm in check. But indexes are within 1.5% of their all-time highs even after Thursday’s losses.</p><p>Bitcoin&nbsp;plunged overnight, perhaps in part because of concerns about higher capital gains taxes, with the cryptocurrency last down about 8%, according to CoinMetrics. Other cryptocurrencies like Ethereum were also getting hit. So far, the sell-off there was not spilling over into other risk assets like equities.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"SNAP":"Snap Inc","INTC":"英特尔",".DJI":"道琼斯",".IXIC":"NASDAQ Composite",".SPX":"S&P 500 Index"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1101099559","content_text":"U.S. stocks rebounded on Friday as Wall Street reassessed concerns arising from news that the White House could seek a hike to the capital gains tax.The Dow Jones Industrial Average gained 200 points amid a jump in Goldman Sachs and Apple shares. The S&P 500 rose 1% led by financials and technology shares, while the tech-heavy Nasdaq Composite climbed 1.2%.Wall Street came off a turbulent session for equities after multiple news outlets reported Thursday afternoon that President Joe Biden is slated to propose much higher capital gains taxes for the rich.Bloomberg News reported that Biden is planning a capital gains tax hike to as high as 43.4% for wealthy Americans.The proposal would hike the capital gains rate to 39.6% for those earning $1 million or more, up from 20% currently, according to Bloomberg News, citing people familiar with the matter. Reuters and the New York Times later also reported similar stories.“We expect Congress will pass a scaled back version of this tax increase,” wrote Goldman Sachs economists in a note. “We expect Congress will settle on a more modest increase, potentially around 28%.”Week to date, the three major averages are all down about 1%.Intel shares dropped more than 5% after it issued second-quarter earnings guidance below analysts’ hopes. American Express fell over 4% after the credit card company reported quarterly revenue that was slightly short of forecasts.Snap shares, meanwhile, jumped 9% after it said it saw accelerating revenue growth and strong user numbers during the first quarter. Snap broke even on the bottom line while posting revenue of $770 million.Corporations have for the most part managed to beat Wall Street’s forecasts thus far into earnings season. Still, strong first-quarter results have been met with a more tepid response from investors, who have not, to date, snapped up shares of companies with some of the best results.Strategists say already-high valuations and near-record-high levels on the S&P 500 and Dow have kept traders’ enthusiasm in check. But indexes are within 1.5% of their all-time highs even after Thursday’s losses.Bitcoin plunged overnight, perhaps in part because of concerns about higher capital gains taxes, with the cryptocurrency last down about 8%, according to CoinMetrics. Other cryptocurrencies like Ethereum were also getting hit. So far, the sell-off there was not spilling over into other risk assets like equities.","news_type":1},"isVote":1,"tweetType":1,"viewCount":181,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":372638360,"gmtCreate":1619197319450,"gmtModify":1631885094766,"author":{"id":"3581940504139952","authorId":"3581940504139952","name":"LEOLIMSF","avatar":"https://static.tigerbbs.com/bff8ba112e5f22c008d8a4161c4a6c57","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3581940504139952","authorIdStr":"3581940504139952"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/DIS\">$Walt Disney(DIS)$</a>Please comment and like. Thank you.&nbsp;","listText":"<a href=\"https://laohu8.com/S/DIS\">$Walt Disney(DIS)$</a>Please comment and like. Thank you.&nbsp;","text":"$Walt Disney(DIS)$Please comment and like. Thank you.","images":[{"img":"https://static.tigerbbs.com/b2ff2427eb3b3ae9e736d99b0b5d3b9b","width":"1242","height":"2151"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/372638360","isVote":1,"tweetType":1,"viewCount":121,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":809029626,"gmtCreate":1627340994365,"gmtModify":1633766059216,"author":{"id":"3581940504139952","authorId":"3581940504139952","name":"LEOLIMSF","avatar":"https://static.tigerbbs.com/bff8ba112e5f22c008d8a4161c4a6c57","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3581940504139952","authorIdStr":"3581940504139952"},"themes":[],"htmlText":"Good","listText":"Good","text":"Good","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/809029626","repostId":"1117559759","repostType":4,"isVote":1,"tweetType":1,"viewCount":32,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":375605009,"gmtCreate":1619328813601,"gmtModify":1634274184992,"author":{"id":"3581940504139952","authorId":"3581940504139952","name":"LEOLIMSF","avatar":"https://static.tigerbbs.com/bff8ba112e5f22c008d8a4161c4a6c57","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3581940504139952","authorIdStr":"3581940504139952"},"themes":[],"htmlText":"👍🏻","listText":"👍🏻","text":"👍🏻","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/375605009","repostId":"1166519043","repostType":4,"isVote":1,"tweetType":1,"viewCount":214,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":812959455,"gmtCreate":1630548123377,"gmtModify":1631884993175,"author":{"id":"3581940504139952","authorId":"3581940504139952","name":"LEOLIMSF","avatar":"https://static.tigerbbs.com/bff8ba112e5f22c008d8a4161c4a6c57","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3581940504139952","authorIdStr":"3581940504139952"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/F\">$Ford(F)$</a>😢","listText":"<a href=\"https://laohu8.com/S/F\">$Ford(F)$</a>😢","text":"$Ford(F)$😢","images":[{"img":"https://static.tigerbbs.com/2d025387f97f2ced3f7ba2512cfb8929","width":"1242","height":"2151"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/812959455","isVote":1,"tweetType":1,"viewCount":100,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":836563139,"gmtCreate":1629508016721,"gmtModify":1631884993244,"author":{"id":"3581940504139952","authorId":"3581940504139952","name":"LEOLIMSF","avatar":"https://static.tigerbbs.com/bff8ba112e5f22c008d8a4161c4a6c57","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3581940504139952","authorIdStr":"3581940504139952"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/F\">$Ford(F)$</a>😰","listText":"<a href=\"https://laohu8.com/S/F\">$Ford(F)$</a>😰","text":"$Ford(F)$😰","images":[{"img":"https://static.tigerbbs.com/d81a7704a2005a583e786f932e05ea0c","width":"1242","height":"2385"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/836563139","isVote":1,"tweetType":1,"viewCount":129,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":377604293,"gmtCreate":1619520710412,"gmtModify":1631885091955,"author":{"id":"3581940504139952","authorId":"3581940504139952","name":"LEOLIMSF","avatar":"https://static.tigerbbs.com/bff8ba112e5f22c008d8a4161c4a6c57","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3581940504139952","authorIdStr":"3581940504139952"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/DIS\">$Walt Disney(DIS)$</a>please comment and like. Thank you.&nbsp;","listText":"<a href=\"https://laohu8.com/S/DIS\">$Walt Disney(DIS)$</a>please comment and like. Thank you.&nbsp;","text":"$Walt Disney(DIS)$please comment and like. Thank you.","images":[{"img":"https://static.tigerbbs.com/2202e192e52bd29a1255adc8d2bc0d42","width":"1242","height":"2151"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/377604293","isVote":1,"tweetType":1,"viewCount":321,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":375720436,"gmtCreate":1619397954425,"gmtModify":1634273840291,"author":{"id":"3581940504139952","authorId":"3581940504139952","name":"LEOLIMSF","avatar":"https://static.tigerbbs.com/bff8ba112e5f22c008d8a4161c4a6c57","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3581940504139952","authorIdStr":"3581940504139952"},"themes":[],"htmlText":"Like","listText":"Like","text":"Like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/375720436","repostId":"1158089249","repostType":4,"repost":{"id":"1158089249","kind":"news","pubTimestamp":1619395361,"share":"https://www.laohu8.com/m/news/1158089249?lang=&edition=full","pubTime":"2021-04-26 08:02","market":"fut","language":"en","title":"Dollar Consensus Splinters as Investors Clash on U.S. Recovery","url":"https://stock-news.laohu8.com/highlight/detail?id=1158089249","media":"Bloomberg","summary":"Greenback has retreated to test this year’s surprise uptrend\nPineBridge sees risks of dollar strengt","content":"<ul>\n <li>Greenback has retreated to test this year’s surprise uptrend</li>\n <li>PineBridge sees risks of dollar strength, JPMorgan bearish</li>\n</ul>\n<p>The most popular&nbsp;currency trade&nbsp;at the beginning of the year has splintered as Wall Street takes to opposing sides on the fate of the dollar in the world’s pandemic recovery.</p>\n<p>JPMorgan Asset Management and T. Rowe Price see the dollar weakening as U.S. economic exceptionalism wanes, while PineBridge Investments expects it to strengthen. Currencies from the euro to the Brazilian real -- which suffered in the first quarter -- have attempted rallies this month leaving the greenback sitting at a closely-watched technical&nbsp;crossroads.</p>\n<p>“You have that idiosyncratic U.S. rates outperformance story being offset by the global cyclical upswing and by expensive valuations on the dollar,” said Ian Samson, amulti-asset fund manager at Fidelity International in Hong Kong, who is long the currency against the euro. “We see significant crosswinds blowing the dollar in different directions.”</p>\n<p><img src=\"https://static.tigerbbs.com/6ac0b5e3c13f3f643addee218b2559c4\" tg-width=\"1200\" tg-height=\"675\"></p>\n<p>While most on Wall Street called for a weaker dollar in January, the world’s reserve currency went on a run that left speculative fundsscramblingto cover $30 billion of net short positions as Treasury yields climbed and expectations of rate hikes were brought forward. That trade soured this month, with the Bloomberg Dollar Spot Index slipping almost 2%. This week’s policy assessment by the Federal Reserve, which has held firm against hawkish expectations, could lend weight to bears.</p>\n<p>At the crux of dollar forecasts is expectations for the pace of recovery in the world’s biggest economy.</p>\n<p><b>U.S. Edge</b></p>\n<p>As the world strives to break free from the bruising economic effect of coronavirus restrictions, the U.S. has inoculated&nbsp;more citizens&nbsp;than any other country, giving it an edge in the race to re-open. Coupled with the Biden administration’smulti-trillion dollar fiscal stimulus and a Fed that’s allowing inflation to overshoot, it’s spurring the likes of PineBridge Investments to predict more dollar gains.</p>\n<p>“U.S. Treasury yields could see another leg higher once we see some inflation come back,” with their premium over peers supporting the dollar, said Omar Slim, portfolio manager at PineBridge in Singapore. “Our view is that the dollar will retain a strengthening bias this year.”</p>\n<p>Ten-year U.S. yields surged more than 80 basis points this year to 1.77% in March, the highest since before the pandemic. While the benchmark has retreated to 1.56% on Friday, it remains well above this year’s low of around 0.90%.</p>\n<p><img src=\"https://static.tigerbbs.com/d3e0a8325b613886ec6f8579c3b4bab1\" tg-width=\"1200\" tg-height=\"675\"></p>\n<p>“Positive U.S. data might very easily kick-start a dollar rally again,” wrote Commerzbank AG currency strategist Thu Lan Nguyen in a note last week. “So for now U.S. dollar bears should make sure that they don’t get excited too soon.”</p>\n<p><b>Catching Up</b></p>\n<p>But not everyone is convinced the U.S. will continue outpacing peers.</p>\n<p>Thushka Maharaj, JPMorgan Asset Management</p>\n<p>For JPMorgan Asset’s Thushka Maharaj, its exceptionalism is set to fade as other nations catch-up on vaccine roll-outs and economic re-openings in the second half of the year.</p>\n<p>The London-based strategist is keeping tabs on developed markets like Europe, the U.K. and Japan, and sees the euro outperforming the dollar in the medium term. “We are expecting the rebound in these economies to mirror what we are seeing in the U.S. right now,” she said.</p>\n<p>Signs abound this trend is underway.</p>\n<p>Coronaviruses cases are rising in all regions except&nbsp;Europe, the World Health Organization said on Tuesday. The European Union is&nbsp;unleashing&nbsp;a new immunization drive to cover the bulk of its population within a few months, while on the economic front, recent PMI data have&nbsp;beaten expectations.</p>\n<p>The euro has climbed about 3% from a four-month low in March, and broke through the key $1.20 level last week.</p>\n<p><img src=\"https://static.tigerbbs.com/fdcaebebf90cd90ec7dd55fd1f1a5e3e\" tg-width=\"1200\" tg-height=\"675\"></p>\n<p>Some favor other currencies to best the greenback. T. Rowe’s Thomas Poullaouec sees more gains for Australia’s risk-sensitive dollar as China’s economy rebounds from the pandemic and demand for commodities rise.</p>\n<p>Aberdeen Standard Investments’ Edwin Gutierrez is watching for opportunities to boost exposure to riskier developing currencies as “the rest of the world catches up on the vaccine roll-out.”</p>\n<p>The Brazilian real, Indian rupee and Colombian peso -- which have been pummeled as the coronavirus raged across those countries -- stand out for the head of emerging-market sovereign debt in London.</p>\n<p><b>Substantially Overvalued</b></p>\n<p>In the meantime, vocal bears continue to warn about long-term headwinds for the dollar.</p>\n<p>“Beyond the near term, we continue to see a structurally negative outlook for the U.S. currency,” wrote Goldman Sachs Group Inc. strategists including Zach Pandl in a note Tuesday. “The dollar is still substantially overvalued.”</p>","source":"lsy1584095487587","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; 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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\">\nDollar Consensus Splinters as Investors Clash on U.S. Recovery\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-04-26 08:02 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.bloomberg.com/news/articles/2021-04-25/dollar-consensus-splinters-as-investors-clash-on-u-s-recovery?srnd=premium-asia><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Greenback has retreated to test this year’s surprise uptrend\nPineBridge sees risks of dollar strength, JPMorgan bearish\n\nThe most popular currency trade at the beginning of the year has splintered as ...</p>\n\n<a href=\"https://www.bloomberg.com/news/articles/2021-04-25/dollar-consensus-splinters-as-investors-clash-on-u-s-recovery?srnd=premium-asia\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".IXIC":"NASDAQ Composite",".SPX":"S&P 500 Index",".DJI":"道琼斯"},"source_url":"https://www.bloomberg.com/news/articles/2021-04-25/dollar-consensus-splinters-as-investors-clash-on-u-s-recovery?srnd=premium-asia","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1158089249","content_text":"Greenback has retreated to test this year’s surprise uptrend\nPineBridge sees risks of dollar strength, JPMorgan bearish\n\nThe most popular currency trade at the beginning of the year has splintered as Wall Street takes to opposing sides on the fate of the dollar in the world’s pandemic recovery.\nJPMorgan Asset Management and T. Rowe Price see the dollar weakening as U.S. economic exceptionalism wanes, while PineBridge Investments expects it to strengthen. Currencies from the euro to the Brazilian real -- which suffered in the first quarter -- have attempted rallies this month leaving the greenback sitting at a closely-watched technical crossroads.\n“You have that idiosyncratic U.S. rates outperformance story being offset by the global cyclical upswing and by expensive valuations on the dollar,” said Ian Samson, amulti-asset fund manager at Fidelity International in Hong Kong, who is long the currency against the euro. “We see significant crosswinds blowing the dollar in different directions.”\n\nWhile most on Wall Street called for a weaker dollar in January, the world’s reserve currency went on a run that left speculative fundsscramblingto cover $30 billion of net short positions as Treasury yields climbed and expectations of rate hikes were brought forward. That trade soured this month, with the Bloomberg Dollar Spot Index slipping almost 2%. This week’s policy assessment by the Federal Reserve, which has held firm against hawkish expectations, could lend weight to bears.\nAt the crux of dollar forecasts is expectations for the pace of recovery in the world’s biggest economy.\nU.S. Edge\nAs the world strives to break free from the bruising economic effect of coronavirus restrictions, the U.S. has inoculated more citizens than any other country, giving it an edge in the race to re-open. Coupled with the Biden administration’smulti-trillion dollar fiscal stimulus and a Fed that’s allowing inflation to overshoot, it’s spurring the likes of PineBridge Investments to predict more dollar gains.\n“U.S. Treasury yields could see another leg higher once we see some inflation come back,” with their premium over peers supporting the dollar, said Omar Slim, portfolio manager at PineBridge in Singapore. “Our view is that the dollar will retain a strengthening bias this year.”\nTen-year U.S. yields surged more than 80 basis points this year to 1.77% in March, the highest since before the pandemic. While the benchmark has retreated to 1.56% on Friday, it remains well above this year’s low of around 0.90%.\n\n“Positive U.S. data might very easily kick-start a dollar rally again,” wrote Commerzbank AG currency strategist Thu Lan Nguyen in a note last week. “So for now U.S. dollar bears should make sure that they don’t get excited too soon.”\nCatching Up\nBut not everyone is convinced the U.S. will continue outpacing peers.\nThushka Maharaj, JPMorgan Asset Management\nFor JPMorgan Asset’s Thushka Maharaj, its exceptionalism is set to fade as other nations catch-up on vaccine roll-outs and economic re-openings in the second half of the year.\nThe London-based strategist is keeping tabs on developed markets like Europe, the U.K. and Japan, and sees the euro outperforming the dollar in the medium term. “We are expecting the rebound in these economies to mirror what we are seeing in the U.S. right now,” she said.\nSigns abound this trend is underway.\nCoronaviruses cases are rising in all regions except Europe, the World Health Organization said on Tuesday. The European Union is unleashing a new immunization drive to cover the bulk of its population within a few months, while on the economic front, recent PMI data have beaten expectations.\nThe euro has climbed about 3% from a four-month low in March, and broke through the key $1.20 level last week.\n\nSome favor other currencies to best the greenback. T. Rowe’s Thomas Poullaouec sees more gains for Australia’s risk-sensitive dollar as China’s economy rebounds from the pandemic and demand for commodities rise.\nAberdeen Standard Investments’ Edwin Gutierrez is watching for opportunities to boost exposure to riskier developing currencies as “the rest of the world catches up on the vaccine roll-out.”\nThe Brazilian real, Indian rupee and Colombian peso -- which have been pummeled as the coronavirus raged across those countries -- stand out for the head of emerging-market sovereign debt in London.\nSubstantially Overvalued\nIn the meantime, vocal bears continue to warn about long-term headwinds for the dollar.\n“Beyond the near term, we continue to see a structurally negative outlook for the U.S. currency,” wrote Goldman Sachs Group Inc. strategists including Zach Pandl in a note Tuesday. “The dollar is still substantially overvalued.”","news_type":1},"isVote":1,"tweetType":1,"viewCount":216,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":375602659,"gmtCreate":1619328744771,"gmtModify":1631885093659,"author":{"id":"3581940504139952","authorId":"3581940504139952","name":"LEOLIMSF","avatar":"https://static.tigerbbs.com/bff8ba112e5f22c008d8a4161c4a6c57","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3581940504139952","authorIdStr":"3581940504139952"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/DIS\">$Walt Disney(DIS)$</a>Please comment and like. Thank you.&nbsp;","listText":"<a href=\"https://laohu8.com/S/DIS\">$Walt Disney(DIS)$</a>Please comment and like. Thank you.&nbsp;","text":"$Walt Disney(DIS)$Please comment and like. Thank you.","images":[{"img":"https://static.tigerbbs.com/85e2acbb34db34d0d0994b7467fc0d52","width":"1242","height":"2151"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/375602659","isVote":1,"tweetType":1,"viewCount":48,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0}],"lives":[]}