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Key Fed official sees rates liftoff in 2023 as policy debate heats up
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brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"media_name":"Reuters","id":"1036604489","head_image":"https://static.tigerbbs.com/443ce19704621c837795676028cec868"},"pubTimestamp":1628134134,"share":"https://www.laohu8.com/m/news/2157486175?lang=&edition=full","pubTime":"2021-08-05 11:28","market":"us","language":"en","title":"Key Fed official sees rates liftoff in 2023 as policy debate heats up","url":"https://stock-news.laohu8.com/highlight/detail?id=2157486175","media":"Reuters","summary":"WASHINGTON, Aug 4 (Reuters) - The contours of debate within the U.S. central bank over when to dial ","content":"<p>WASHINGTON, Aug 4 (Reuters) - The contours of debate within the U.S. central bank over when to dial back support for the economy burst into the open on Wednesday as a key architect of the Federal Reserve's new policy strategy said he feels the conditions for raising interest rates could be met by the end of 2022.</p>\n<p>\"Commencing policy normalization in 2023 would, under these conditions, be entirely consistent with our new flexible average inflation targeting framework,\" Federal Reserve Vice Chair Richard Clarida said in a webcast discussion hosted by the Peterson Institute for International Economics.</p>\n<p>Clarida helped craft that framework, adopted last August, under which the Fed has pledged to keep rates at their current near-zero level until the economy reaches full employment, and inflation hits the Fed's 2% goal and is on track to moderately exceed that pace for some time.</p>\n<p>Meanwhile, Clarida added, he could \"certainly\" see the Fed announcing a reduction in its $120-billion-a-month asset purchase program later this year, given the surprising pace of the economic recovery from the coronavirus pandemic.</p>\n<p>Three other policymakers on Wednesday also signaled their readiness to start reducing the Fed's bond-buying program, though their views on timing differed, as did their views on what should happen next.</p>\n<p>One of them, Dallas Fed President Robert Kaplan, said that reducing the monthly asset purchases \"soon\" lays the groundwork for a more \"patient approach\" to raising borrowing costs. St. Louis Fed President James Bullard said tapering sooner clears the way for rate hikes next year, if needed.</p>\n<p>Taken together, the remarks opened the door to the prospect of the Fed more quickly easing up on the monetary gas pedal than had been anticipated. They also highlighted the intensity of the talks within the central bank over how and when to do so, a debate likely to crescendo in coming weeks as more economic data rolls in.</p>\n<p>The economy, recovering from the punishing blow of the pandemic, is supporting 6.8 million fewer jobs than it did before the crisis hit, but inflation is running well above the Fed's 2% target.</p>\n<p>While the jobs gap suggests to some Fed policymakers that it is far too soon to dial down monetary policy support, the high inflation readings are giving others pause.</p>\n<p>Fed Chair Jerome Powell said last week that the central bank was \"clearly a ways away\" from considering rate hikes, even as he acknowledged policymakers are monitoring inflation carefully to make sure the current overshoot is not persistent.</p>\n<p>Clarida, Powell's second-in-command, offered on Wednesday a more precise and bullish view on when the Fed will hit its maximum employment and flexible 2% inflation targets, even as he vouched for Powell's expectation that the Delta variant of COVID-19 would not blow the economy off course.</p>\n<p>\"I believe that these ... necessary conditions for raising the target range for the federal funds rate will have been met by year-end 2022,\" Clarida said.</p>\n<p>The central bank has kept the federal funds rate - its benchmark overnight interest rate - near zero since lowering it to that level last year to shelter the economy from the pandemic's fallout.</p>\n<p>Clarida's comments - his first in nearly two months - came just days after Fed Governor Christopher Waller signaled that the Fed ought to begin paring its bond-buying by October, and Fed Governor Lael Brainard said she would want to have more data in hand before making any such decision.</p>\n<p>For his part, Powell said last week that the labor market was \"some way away\" from meeting the Fed's bar for tapering its purchases of Treasuries and mortgage-backed securities (MBS).</p>\n<p>While it's usual to hear from regional Fed bank presidents with divergent views, members of the Fed Board -- who have permanent votes on Fed policy -- typically stick closer together.</p>\n<p>\"I think the committee and the board of governors seem fairly divided,\" said Karim Basta, chief economist for III Capital Management. \"It's pretty rare to see governors speak openly with very different views.\"</p>\n<p><b>REDUCING ASSET PURCHASES</b></p>\n<p>The central bank has been buying $80 billion of Treasuries and $40 billion of MBS each month since the onset of the pandemic to place downward pressure on borrowing costs in order to try and speed the economic recovery.</p>\n<p>Earlier on Wednesday, St. Louis Fed's Bullard said he expected the economy would return to pre-pandemic employment levels by next summer.</p>\n<p>\"So you'd be sitting here next summer, with inflation well above target and jobs on the way back to pre-pandemic levels,\" Bullard said in an online interview with the Washington Post. \"That sounds to me like that's something we should be prepared for.\"</p>\n<p>Kaplan, in an interview with Reuters on Wednesday, endorsed Bullard's view that the asset-purchase program was doing little for the recovery and phasing it out should start \"soon.\" But unlike Bullard and Waller, he said the reduction should be gradual, and should not start the clock on raising rates.</p>\n<p>\"My comments on purchases are not intended to suggest I want to take more aggressive action on the Fed funds rate,\" he said.</p>\n<p>An imminent taper is not a done deal. Brainard on Friday said she favors having September jobs data in hand before making a decision, a timeline that points to a November taper announcement at the earliest.</p>\n<p>Speaking on PBS Newshour, San Francisco Fed President Mary Daly said Wednesday she views a taper later this year or early next is the most likely scenario.</p>\n<p>The U.S. Labor Department is scheduled to release its July employment report on Friday.</p>\n<p>Clarida said he expects some \"pretty healthy\" U.S. job gains this fall as factors holding back labor supply dissipate.</p>\n<p>He also said he still expects current high inflation readings to come back down, but that if the Fed's preferred inflation gauge comes in above 3% this year, as he forecasts, he would consider that more than a moderate overshoot.</p>\n<p>\"I believe that the risks to my outlook for inflation are to the upside,\" Clarida 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>Key Fed official sees rates liftoff in 2023 as policy debate heats up</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\">\nKey Fed official sees rates liftoff in 2023 as policy debate heats up\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1036604489\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/443ce19704621c837795676028cec868);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Reuters </p>\n<p class=\"h-time\">2021-08-05 11:28</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>WASHINGTON, Aug 4 (Reuters) - The contours of debate within the U.S. central bank over when to dial back support for the economy burst into the open on Wednesday as a key architect of the Federal Reserve's new policy strategy said he feels the conditions for raising interest rates could be met by the end of 2022.</p>\n<p>\"Commencing policy normalization in 2023 would, under these conditions, be entirely consistent with our new flexible average inflation targeting framework,\" Federal Reserve Vice Chair Richard Clarida said in a webcast discussion hosted by the Peterson Institute for International Economics.</p>\n<p>Clarida helped craft that framework, adopted last August, under which the Fed has pledged to keep rates at their current near-zero level until the economy reaches full employment, and inflation hits the Fed's 2% goal and is on track to moderately exceed that pace for some time.</p>\n<p>Meanwhile, Clarida added, he could \"certainly\" see the Fed announcing a reduction in its $120-billion-a-month asset purchase program later this year, given the surprising pace of the economic recovery from the coronavirus pandemic.</p>\n<p>Three other policymakers on Wednesday also signaled their readiness to start reducing the Fed's bond-buying program, though their views on timing differed, as did their views on what should happen next.</p>\n<p>One of them, Dallas Fed President Robert Kaplan, said that reducing the monthly asset purchases \"soon\" lays the groundwork for a more \"patient approach\" to raising borrowing costs. St. Louis Fed President James Bullard said tapering sooner clears the way for rate hikes next year, if needed.</p>\n<p>Taken together, the remarks opened the door to the prospect of the Fed more quickly easing up on the monetary gas pedal than had been anticipated. They also highlighted the intensity of the talks within the central bank over how and when to do so, a debate likely to crescendo in coming weeks as more economic data rolls in.</p>\n<p>The economy, recovering from the punishing blow of the pandemic, is supporting 6.8 million fewer jobs than it did before the crisis hit, but inflation is running well above the Fed's 2% target.</p>\n<p>While the jobs gap suggests to some Fed policymakers that it is far too soon to dial down monetary policy support, the high inflation readings are giving others pause.</p>\n<p>Fed Chair Jerome Powell said last week that the central bank was \"clearly a ways away\" from considering rate hikes, even as he acknowledged policymakers are monitoring inflation carefully to make sure the current overshoot is not persistent.</p>\n<p>Clarida, Powell's second-in-command, offered on Wednesday a more precise and bullish view on when the Fed will hit its maximum employment and flexible 2% inflation targets, even as he vouched for Powell's expectation that the Delta variant of COVID-19 would not blow the economy off course.</p>\n<p>\"I believe that these ... necessary conditions for raising the target range for the federal funds rate will have been met by year-end 2022,\" Clarida said.</p>\n<p>The central bank has kept the federal funds rate - its benchmark overnight interest rate - near zero since lowering it to that level last year to shelter the economy from the pandemic's fallout.</p>\n<p>Clarida's comments - his first in nearly two months - came just days after Fed Governor Christopher Waller signaled that the Fed ought to begin paring its bond-buying by October, and Fed Governor Lael Brainard said she would want to have more data in hand before making any such decision.</p>\n<p>For his part, Powell said last week that the labor market was \"some way away\" from meeting the Fed's bar for tapering its purchases of Treasuries and mortgage-backed securities (MBS).</p>\n<p>While it's usual to hear from regional Fed bank presidents with divergent views, members of the Fed Board -- who have permanent votes on Fed policy -- typically stick closer together.</p>\n<p>\"I think the committee and the board of governors seem fairly divided,\" said Karim Basta, chief economist for III Capital Management. \"It's pretty rare to see governors speak openly with very different views.\"</p>\n<p><b>REDUCING ASSET PURCHASES</b></p>\n<p>The central bank has been buying $80 billion of Treasuries and $40 billion of MBS each month since the onset of the pandemic to place downward pressure on borrowing costs in order to try and speed the economic recovery.</p>\n<p>Earlier on Wednesday, St. Louis Fed's Bullard said he expected the economy would return to pre-pandemic employment levels by next summer.</p>\n<p>\"So you'd be sitting here next summer, with inflation well above target and jobs on the way back to pre-pandemic levels,\" Bullard said in an online interview with the Washington Post. \"That sounds to me like that's something we should be prepared for.\"</p>\n<p>Kaplan, in an interview with Reuters on Wednesday, endorsed Bullard's view that the asset-purchase program was doing little for the recovery and phasing it out should start \"soon.\" But unlike Bullard and Waller, he said the reduction should be gradual, and should not start the clock on raising rates.</p>\n<p>\"My comments on purchases are not intended to suggest I want to take more aggressive action on the Fed funds rate,\" he said.</p>\n<p>An imminent taper is not a done deal. Brainard on Friday said she favors having September jobs data in hand before making a decision, a timeline that points to a November taper announcement at the earliest.</p>\n<p>Speaking on PBS Newshour, San Francisco Fed President Mary Daly said Wednesday she views a taper later this year or early next is the most likely scenario.</p>\n<p>The U.S. Labor Department is scheduled to release its July employment report on Friday.</p>\n<p>Clarida said he expects some \"pretty healthy\" U.S. job gains this fall as factors holding back labor supply dissipate.</p>\n<p>He also said he still expects current high inflation readings to come back down, but that if the Fed's preferred inflation gauge comes in above 3% this year, as he forecasts, he would consider that more than a moderate overshoot.</p>\n<p>\"I believe that the risks to my outlook for inflation are to the upside,\" Clarida said.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".SPX":"S&P 500 Index",".DJI":"道琼斯",".IXIC":"NASDAQ Composite"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2157486175","content_text":"WASHINGTON, Aug 4 (Reuters) - The contours of debate within the U.S. central bank over when to dial back support for the economy burst into the open on Wednesday as a key architect of the Federal Reserve's new policy strategy said he feels the conditions for raising interest rates could be met by the end of 2022.\n\"Commencing policy normalization in 2023 would, under these conditions, be entirely consistent with our new flexible average inflation targeting framework,\" Federal Reserve Vice Chair Richard Clarida said in a webcast discussion hosted by the Peterson Institute for International Economics.\nClarida helped craft that framework, adopted last August, under which the Fed has pledged to keep rates at their current near-zero level until the economy reaches full employment, and inflation hits the Fed's 2% goal and is on track to moderately exceed that pace for some time.\nMeanwhile, Clarida added, he could \"certainly\" see the Fed announcing a reduction in its $120-billion-a-month asset purchase program later this year, given the surprising pace of the economic recovery from the coronavirus pandemic.\nThree other policymakers on Wednesday also signaled their readiness to start reducing the Fed's bond-buying program, though their views on timing differed, as did their views on what should happen next.\nOne of them, Dallas Fed President Robert Kaplan, said that reducing the monthly asset purchases \"soon\" lays the groundwork for a more \"patient approach\" to raising borrowing costs. St. Louis Fed President James Bullard said tapering sooner clears the way for rate hikes next year, if needed.\nTaken together, the remarks opened the door to the prospect of the Fed more quickly easing up on the monetary gas pedal than had been anticipated. They also highlighted the intensity of the talks within the central bank over how and when to do so, a debate likely to crescendo in coming weeks as more economic data rolls in.\nThe economy, recovering from the punishing blow of the pandemic, is supporting 6.8 million fewer jobs than it did before the crisis hit, but inflation is running well above the Fed's 2% target.\nWhile the jobs gap suggests to some Fed policymakers that it is far too soon to dial down monetary policy support, the high inflation readings are giving others pause.\nFed Chair Jerome Powell said last week that the central bank was \"clearly a ways away\" from considering rate hikes, even as he acknowledged policymakers are monitoring inflation carefully to make sure the current overshoot is not persistent.\nClarida, Powell's second-in-command, offered on Wednesday a more precise and bullish view on when the Fed will hit its maximum employment and flexible 2% inflation targets, even as he vouched for Powell's expectation that the Delta variant of COVID-19 would not blow the economy off course.\n\"I believe that these ... necessary conditions for raising the target range for the federal funds rate will have been met by year-end 2022,\" Clarida said.\nThe central bank has kept the federal funds rate - its benchmark overnight interest rate - near zero since lowering it to that level last year to shelter the economy from the pandemic's fallout.\nClarida's comments - his first in nearly two months - came just days after Fed Governor Christopher Waller signaled that the Fed ought to begin paring its bond-buying by October, and Fed Governor Lael Brainard said she would want to have more data in hand before making any such decision.\nFor his part, Powell said last week that the labor market was \"some way away\" from meeting the Fed's bar for tapering its purchases of Treasuries and mortgage-backed securities (MBS).\nWhile it's usual to hear from regional Fed bank presidents with divergent views, members of the Fed Board -- who have permanent votes on Fed policy -- typically stick closer together.\n\"I think the committee and the board of governors seem fairly divided,\" said Karim Basta, chief economist for III Capital Management. \"It's pretty rare to see governors speak openly with very different views.\"\nREDUCING ASSET PURCHASES\nThe central bank has been buying $80 billion of Treasuries and $40 billion of MBS each month since the onset of the pandemic to place downward pressure on borrowing costs in order to try and speed the economic recovery.\nEarlier on Wednesday, St. Louis Fed's Bullard said he expected the economy would return to pre-pandemic employment levels by next summer.\n\"So you'd be sitting here next summer, with inflation well above target and jobs on the way back to pre-pandemic levels,\" Bullard said in an online interview with the Washington Post. \"That sounds to me like that's something we should be prepared for.\"\nKaplan, in an interview with Reuters on Wednesday, endorsed Bullard's view that the asset-purchase program was doing little for the recovery and phasing it out should start \"soon.\" But unlike Bullard and Waller, he said the reduction should be gradual, and should not start the clock on raising rates.\n\"My comments on purchases are not intended to suggest I want to take more aggressive action on the Fed funds rate,\" he said.\nAn imminent taper is not a done deal. Brainard on Friday said she favors having September jobs data in hand before making a decision, a timeline that points to a November taper announcement at the earliest.\nSpeaking on PBS Newshour, San Francisco Fed President Mary Daly said Wednesday she views a taper later this year or early next is the most likely scenario.\nThe U.S. Labor Department is scheduled to release its July employment report on Friday.\nClarida said he expects some \"pretty healthy\" U.S. job gains this fall as factors holding back labor supply dissipate.\nHe also said he still expects current high inflation readings to come back down, but that if the Fed's preferred inflation gauge comes in above 3% this year, as he forecasts, he would consider that more than a moderate overshoot.\n\"I believe that the risks to my outlook for inflation are to the upside,\" Clarida said.","news_type":1},"isVote":1,"tweetType":1,"viewCount":192,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":890840164,"gmtCreate":1628094615158,"gmtModify":1633753630834,"author":{"id":"3582021074722750","authorId":"3582021074722750","name":"ps84","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3582021074722750","authorIdStr":"3582021074722750"},"themes":[],"htmlText":"👍","listText":"👍","text":"👍","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/890840164","repostId":"1132985416","repostType":4,"isVote":1,"tweetType":1,"viewCount":291,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":807539990,"gmtCreate":1628042540510,"gmtModify":1633754113688,"author":{"id":"3582021074722750","authorId":"3582021074722750","name":"ps84","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3582021074722750","authorIdStr":"3582021074722750"},"themes":[],"htmlText":"prefect ","listText":"prefect ","text":"prefect","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/807539990","repostId":"1127319449","repostType":4,"isVote":1,"tweetType":1,"viewCount":465,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":807263689,"gmtCreate":1628039321441,"gmtModify":1633754167702,"author":{"id":"3582021074722750","authorId":"3582021074722750","name":"ps84","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3582021074722750","authorIdStr":"3582021074722750"},"themes":[],"htmlText":"👍👍","listText":"👍👍","text":"👍👍","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/807263689","repostId":"1103921270","repostType":4,"isVote":1,"tweetType":1,"viewCount":168,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":804616823,"gmtCreate":1627953648162,"gmtModify":1633754953388,"author":{"id":"3582021074722750","authorId":"3582021074722750","name":"ps84","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3582021074722750","authorIdStr":"3582021074722750"},"themes":[],"htmlText":"👍","listText":"👍","text":"👍","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/804616823","repostId":"1188400249","repostType":4,"isVote":1,"tweetType":1,"viewCount":114,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":170981619,"gmtCreate":1626399658431,"gmtModify":1633927108650,"author":{"id":"3582021074722750","authorId":"3582021074722750","name":"ps84","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3582021074722750","authorIdStr":"3582021074722750"},"themes":[],"htmlText":"👍","listText":"👍","text":"👍","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/170981619","repostId":"1125343810","repostType":4,"isVote":1,"tweetType":1,"viewCount":267,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"hots":[{"id":890840164,"gmtCreate":1628094615158,"gmtModify":1633753630834,"author":{"id":"3582021074722750","authorId":"3582021074722750","name":"ps84","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3582021074722750","authorIdStr":"3582021074722750"},"themes":[],"htmlText":"👍","listText":"👍","text":"👍","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/890840164","repostId":"1132985416","repostType":4,"repost":{"id":"1132985416","kind":"news","pubTimestamp":1628090092,"share":"https://www.laohu8.com/m/news/1132985416?lang=&edition=full","pubTime":"2021-08-04 23:14","market":"us","language":"en","title":"Boeing Bounces Because the MAX Might Get Approved in China","url":"https://stock-news.laohu8.com/highlight/detail?id=1132985416","media":"Bloomberg","summary":"(Aug 4) Boeing Bounces Because the MAX Might Get Approved in China.\nABoeing Co.737 Max jet is about ","content":"<p>(Aug 4) <a href=\"https://laohu8.com/S/BA\">Boeing</a> Bounces Because the MAX Might Get Approved in China.</p>\n<p><img src=\"https://static.tigerbbs.com/2d4f932f04f95f4d1aca240fbfb93be0\" tg-width=\"1129\" tg-height=\"653\" referrerpolicy=\"no-referrer\">ABoeing Co.737 Max jet is about to leave for China to conduct a flight test for regulators, people familiar with the matter said, a step toward lifting the plane’s more than two-year grounding in the country following two fatal crashes.</p>\n<p>The 737-7 was scheduled to take off from Seattle’s Boeing Field at around 8 a.m. local time, bound for John Rodgers Field outside Honolulu, according to FlightRadar24, a flight-tracking site. Boeing didn’t immediately comment.</p>\n<p>Boeing’s shares recovered from a morning slump after Bloomberg News reported on the flight, rising as much as 1.4%. The stock was up less than 1% at $229.92 at 10:54 a.m. in New York. Boeing had climbed 7% this year through Tuesday, about half the gain of the Dow Jones Industrial Average.</p>\n<p>The Hawaii flight is the first leg of a trip across the Pacific, said the people, who asked not to be named because the matter is private. With the Max also barred from Russian airspace, the narrow-body plane will travel near the equator to China rather than take the shorter northern crossing that is typically flown by commercial aircraft.</p>\n<p>While the Max’s validation flight in China would be a milestone, the country’s regulators still could take months to wrap up their work before allowing the plane to resume commercial service. Boeingsent a delegationof around 35 pilots and engineers to the nation last month to meet with regulators and prepare for simulator and flight testing.</p>\n<p>The stakes are enormous for Boeing, which hasn’t logged a major jet order from China in years as trade tensions simmered. The resumption of Max deliveries would bolster the company’s plans to speed production of its principal money maker as demand recovers from a global pandemic and a worldwide flying ban on the model.</p>\n<p>About 175 nations have cleared the Max to resume service after Boeing redesigned a flight-control system linked to crashes in late 2018 and early 2019 that killed 346 people.</p>\n<p>Chief Executive Officer Dave Calhoun has been upbeat about prospects for the planemaker and the Max in China, after U.S. Deputy Secretary of State Wendy Sherman traveled to the country for diplomatic meetings.</p>\n<p>The Max will be cleared to fly in China and the rest of the globe by year-end, Calhoun said during the company’searnings calllast month. With the Winter Olympics looming and the effects of the Covid-19 pandemic hopefully receding, China’s airlines are clamoring to get the Max back in service, he said. Talks with CAAC, China’s air regulator, have been encouraging and constructive, Calhoun said.</p>","source":"lsy1584095487587","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Boeing Bounces Because the MAX Might Get Approved in China</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\">\nBoeing Bounces Because the MAX Might Get Approved in China\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-08-04 23:14 GMT+8 <a href=https://www.bloomberg.com/news/articles/2021-08-04/boeing-737-max-heads-to-china-for-key-test-to-end-flight-ban><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>(Aug 4) Boeing Bounces Because the MAX Might Get Approved in China.\nABoeing Co.737 Max jet is about to leave for China to conduct a flight test for regulators, people familiar with the matter said, a ...</p>\n\n<a href=\"https://www.bloomberg.com/news/articles/2021-08-04/boeing-737-max-heads-to-china-for-key-test-to-end-flight-ban\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"08100":"名科国际","CAAS":"中汽系统","BA":"波音"},"source_url":"https://www.bloomberg.com/news/articles/2021-08-04/boeing-737-max-heads-to-china-for-key-test-to-end-flight-ban","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1132985416","content_text":"(Aug 4) Boeing Bounces Because the MAX Might Get Approved in China.\nABoeing Co.737 Max jet is about to leave for China to conduct a flight test for regulators, people familiar with the matter said, a step toward lifting the plane’s more than two-year grounding in the country following two fatal crashes.\nThe 737-7 was scheduled to take off from Seattle’s Boeing Field at around 8 a.m. local time, bound for John Rodgers Field outside Honolulu, according to FlightRadar24, a flight-tracking site. Boeing didn’t immediately comment.\nBoeing’s shares recovered from a morning slump after Bloomberg News reported on the flight, rising as much as 1.4%. The stock was up less than 1% at $229.92 at 10:54 a.m. in New York. Boeing had climbed 7% this year through Tuesday, about half the gain of the Dow Jones Industrial Average.\nThe Hawaii flight is the first leg of a trip across the Pacific, said the people, who asked not to be named because the matter is private. With the Max also barred from Russian airspace, the narrow-body plane will travel near the equator to China rather than take the shorter northern crossing that is typically flown by commercial aircraft.\nWhile the Max’s validation flight in China would be a milestone, the country’s regulators still could take months to wrap up their work before allowing the plane to resume commercial service. Boeingsent a delegationof around 35 pilots and engineers to the nation last month to meet with regulators and prepare for simulator and flight testing.\nThe stakes are enormous for Boeing, which hasn’t logged a major jet order from China in years as trade tensions simmered. The resumption of Max deliveries would bolster the company’s plans to speed production of its principal money maker as demand recovers from a global pandemic and a worldwide flying ban on the model.\nAbout 175 nations have cleared the Max to resume service after Boeing redesigned a flight-control system linked to crashes in late 2018 and early 2019 that killed 346 people.\nChief Executive Officer Dave Calhoun has been upbeat about prospects for the planemaker and the Max in China, after U.S. Deputy Secretary of State Wendy Sherman traveled to the country for diplomatic meetings.\nThe Max will be cleared to fly in China and the rest of the globe by year-end, Calhoun said during the company’searnings calllast month. With the Winter Olympics looming and the effects of the Covid-19 pandemic hopefully receding, China’s airlines are clamoring to get the Max back in service, he said. Talks with CAAC, China’s air regulator, have been encouraging and constructive, Calhoun said.","news_type":1},"isVote":1,"tweetType":1,"viewCount":291,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":890770052,"gmtCreate":1628137736876,"gmtModify":1633753211812,"author":{"id":"3582021074722750","authorId":"3582021074722750","name":"ps84","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3582021074722750","authorIdStr":"3582021074722750"},"themes":[],"htmlText":"👍","listText":"👍","text":"👍","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/890770052","repostId":"2157486175","repostType":4,"isVote":1,"tweetType":1,"viewCount":192,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":807539990,"gmtCreate":1628042540510,"gmtModify":1633754113688,"author":{"id":"3582021074722750","authorId":"3582021074722750","name":"ps84","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3582021074722750","authorIdStr":"3582021074722750"},"themes":[],"htmlText":"prefect ","listText":"prefect ","text":"prefect","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/807539990","repostId":"1127319449","repostType":4,"isVote":1,"tweetType":1,"viewCount":465,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":170981619,"gmtCreate":1626399658431,"gmtModify":1633927108650,"author":{"id":"3582021074722750","authorId":"3582021074722750","name":"ps84","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3582021074722750","authorIdStr":"3582021074722750"},"themes":[],"htmlText":"👍","listText":"👍","text":"👍","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/170981619","repostId":"1125343810","repostType":4,"repost":{"id":"1125343810","kind":"news","pubTimestamp":1626398885,"share":"https://www.laohu8.com/m/news/1125343810?lang=&edition=full","pubTime":"2021-07-16 09:28","market":"us","language":"en","title":"2 Growth Stocks That Could Make You a Millionaire","url":"https://stock-news.laohu8.com/highlight/detail?id=1125343810","media":"Motley Fool","summary":"Both of these companies have the potential to grow your initial investment tenfold.\n\nKey Points\n\nA k","content":"<blockquote>\n Both of these companies have the potential to grow your initial investment tenfold.\n</blockquote>\n<p><b>Key Points</b></p>\n<ul>\n <li>A key indicator of a millionaire-making stock is strong top-line growth over time.</li>\n <li>A virtuous cycle of buyers and sellers is powering Etsy and producing strong top-line growth.</li>\n <li>Advertisers are turning to Pinterest because their ads fit organically on their unique platform.</li>\n</ul>\n<p></p>\n<p>Many things influence a company's future prospects, but one of the most important is sales growth. Specifically, strong top-line momentum is often an indicator of a valuable product or service, and companies that create that value for clients have the potential to generate life-changing returns for those who own their stock.</p>\n<p><b>Etsy</b>(NASDAQ:ETSY)and<b>Pinterest</b>(NYSE:PINS)have delivered tremendous growth in recent years, but both have plenty of room to run. Here's why these stocks could make you a millionaire.</p>\n<p><b>1. Etsy</b></p>\n<p>Etsy's mission is to keep commerce human. Its global marketplace connects creative sellers with buyers looking for handcrafted or specialized goods -- the type of things they can't find anywhere else. Notably, this strategy has differentiated Etsy from its rivals, allowing the company to compete with e-commerce titans like<b>Amazon</b>.</p>\n<p>Last year the pandemicturbocharged Etsy's growth, and it became a household name for many consumers, especially those in need of face masks. In fact, Etsy powered $10.3 billion in gross merchandise sales (GMS) in 2020, up 107% over the prior year, and it's now the fourth-largest e-commerce marketplace in the U.S.</p>\n<p>That scale is a tremendous advantage, spinning the flywheel that powers Etsy's business. Here's how it works: As more consumers shop on Etsy, sellers benefit from a wider range of potential buyers; and as more sellers list items on Etsy, buyers benefit from a greater selection of products.</p>\n<p>Over time, this virtuous cycle serves to expand Etsy's ecosystem, diversifying its inventory and further differentiating it from big-box retailers. That, in turn, has translated into strong top-line growth.</p>\n<table>\n <thead>\n <tr>\n <th><p>Metric</p></th>\n <th><p>Q1 2018 (TTM)</p></th>\n <th><p>Q1 2021 (TTM)</p></th>\n <th><p>CAGR</p></th>\n </tr>\n </thead>\n <tbody>\n <tr>\n <td><p>Active buyers</p></td>\n <td><p>2.0 million</p></td>\n <td><p>4.7 million</p></td>\n <td><p>33%</p></td>\n </tr>\n <tr>\n <td><p>Active sellers</p></td>\n <td><p>34.7 million</p></td>\n <td><p>90.7 million</p></td>\n <td><p>38%</p></td>\n </tr>\n <tr>\n <td><p>Revenue</p></td>\n <td><p>$465.3 million</p></td>\n <td><p>$2.0 billion</p></td>\n <td><p>64%</p></td>\n </tr>\n </tbody>\n</table>\n<p>DATA SOURCE: ETSY SEC FILINGS, YCHARTS. TTM = TRAILING 12 MONTHS. CAGR = COMPOUND ANNUAL GROWTH RATE.</p>\n<p>Despite those impressive metrics, Etsy has only scratched the surface of its potential. In fact, management puts its total addressable market (TAM) at $437 billion by 2023, but that number expands to $2 trillion if you include offline sales in relevant retail categories. In other words, Etsy's TAM should continue to grow as e-commerce gains traction.</p>\n<p>Moreover, management's estimate only accounts for six markets around the world, meaning geographic expansion could drive Etsy's TAM even higher. To that end, the company recently entered India, the world's fastest-growing e-commerce market.</p>\n<p>Here's the big picture: Etsy's sales account for less than 1% of its addressable market. But if the company can continue to scale by onboarding new buyers and sellers, I think Etsy could grow tenfold from its currentmarket capof $24 billion.</p>\n<p><b>2. Pinterest</b></p>\n<p>Pinterest is the go-to place for inspiration. It blends user-curated media content with a visual search engine, helping people picture their dreams and discover new ideas -- like a tasty recipe, a trendy summer fashion, or tips on planning a tropical getaway.</p>\n<p>Notably, the platform leans on artificial intelligence and computer vision, allowing Pinterest to personalize the experience for each user. And as more users engage, Pinterest collects more data, sharpening its predictive capabilities.</p>\n<p>Collectively, these attributes make Pinterest unique -- it's not just a search engine, nor is it just a social platform. Pinterest is a tool that helps people find what they want, even when they don't have the words to describe it.</p>\n<p>Those qualities also make it a great place for brands to reach consumers. Because people come to Pinterest in search of inspiration, digital ads fit organically into the platform, enriching the experience. In fact, ads on Pinterest offer two times better return on investment (ROI) compared to other social media. And advertisers have started to take note of this, upping their spend on Pinterest's platform.</p>\n<p>That has translated into strong revenue growth.</p>\n<table>\n <thead>\n <tr>\n <th><p>Metric</p></th>\n <th><p>Q1 2018 (TTM)</p></th>\n <th><p>Q1 2021 (TTM)</p></th>\n <th><p>CAGR</p></th>\n </tr>\n </thead>\n <tbody>\n <tr>\n <td><p>Monthly active users</p></td>\n <td><p>239 million</p></td>\n <td><p>478 million</p></td>\n <td><p>26%</p></td>\n </tr>\n <tr>\n <td><p>Revenue</p></td>\n <td><p>$521.0 million</p></td>\n <td><p>$1.9 billion</p></td>\n <td><p>54%</p></td>\n </tr>\n </tbody>\n</table>\n<p>DATA SOURCE: PINTEREST SEC FILINGS. TTM = TRAILING 12 MONTHS. CAGR = COMPOUND ANNUAL GROWTH.</p>\n<p>So why doesPinterest have so much potential? With a market cap of $46 billion, Pinterest is more than 20 times smaller than<b>Facebook</b>, yet its unique platform is a better place for brands to reach consumers.</p>\n<p>Specifically, people come to Pinterest looking for ideas -- in other words, they often come with shopping intent. As a result, over the last year, Pinterest saw a 200% increase in the number of users interacting with shopping tools on its platform. Moreover, the company has focused on building a positive, brand-safe environment, meaning ads are unlikely to appear beside divisive content or hate speech. Other social platforms can't make the same claims.</p>\n<p>If Pinterest can continue to grow monthly active users at a steady clip, the platform should become increasingly valuable to advertisers over time. And with the digital ad market set to hit $645 billion by 2024, I think Pinterest could grow tenfold in the years ahead. That's why investors should consider adding thisgrowth stockto their portfolios.</p>\n<p></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>2 Growth Stocks That Could Make You a Millionaire</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\">\n2 Growth Stocks That Could Make You a Millionaire\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-07-16 09:28 GMT+8 <a href=https://www.fool.com/investing/2021/07/15/growth-stocks-make-you-millionaire-etsy-pinterest/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Both of these companies have the potential to grow your initial investment tenfold.\n\nKey Points\n\nA key indicator of a millionaire-making stock is strong top-line growth over time.\nA virtuous cycle of ...</p>\n\n<a href=\"https://www.fool.com/investing/2021/07/15/growth-stocks-make-you-millionaire-etsy-pinterest/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"ETSY":"Etsy, Inc.","PINS":"Pinterest, Inc."},"source_url":"https://www.fool.com/investing/2021/07/15/growth-stocks-make-you-millionaire-etsy-pinterest/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1125343810","content_text":"Both of these companies have the potential to grow your initial investment tenfold.\n\nKey Points\n\nA key indicator of a millionaire-making stock is strong top-line growth over time.\nA virtuous cycle of buyers and sellers is powering Etsy and producing strong top-line growth.\nAdvertisers are turning to Pinterest because their ads fit organically on their unique platform.\n\n\nMany things influence a company's future prospects, but one of the most important is sales growth. Specifically, strong top-line momentum is often an indicator of a valuable product or service, and companies that create that value for clients have the potential to generate life-changing returns for those who own their stock.\nEtsy(NASDAQ:ETSY)andPinterest(NYSE:PINS)have delivered tremendous growth in recent years, but both have plenty of room to run. Here's why these stocks could make you a millionaire.\n1. Etsy\nEtsy's mission is to keep commerce human. Its global marketplace connects creative sellers with buyers looking for handcrafted or specialized goods -- the type of things they can't find anywhere else. Notably, this strategy has differentiated Etsy from its rivals, allowing the company to compete with e-commerce titans likeAmazon.\nLast year the pandemicturbocharged Etsy's growth, and it became a household name for many consumers, especially those in need of face masks. In fact, Etsy powered $10.3 billion in gross merchandise sales (GMS) in 2020, up 107% over the prior year, and it's now the fourth-largest e-commerce marketplace in the U.S.\nThat scale is a tremendous advantage, spinning the flywheel that powers Etsy's business. Here's how it works: As more consumers shop on Etsy, sellers benefit from a wider range of potential buyers; and as more sellers list items on Etsy, buyers benefit from a greater selection of products.\nOver time, this virtuous cycle serves to expand Etsy's ecosystem, diversifying its inventory and further differentiating it from big-box retailers. That, in turn, has translated into strong top-line growth.\n\n\n\nMetric\nQ1 2018 (TTM)\nQ1 2021 (TTM)\nCAGR\n\n\n\n\nActive buyers\n2.0 million\n4.7 million\n33%\n\n\nActive sellers\n34.7 million\n90.7 million\n38%\n\n\nRevenue\n$465.3 million\n$2.0 billion\n64%\n\n\n\nDATA SOURCE: ETSY SEC FILINGS, YCHARTS. TTM = TRAILING 12 MONTHS. CAGR = COMPOUND ANNUAL GROWTH RATE.\nDespite those impressive metrics, Etsy has only scratched the surface of its potential. In fact, management puts its total addressable market (TAM) at $437 billion by 2023, but that number expands to $2 trillion if you include offline sales in relevant retail categories. In other words, Etsy's TAM should continue to grow as e-commerce gains traction.\nMoreover, management's estimate only accounts for six markets around the world, meaning geographic expansion could drive Etsy's TAM even higher. To that end, the company recently entered India, the world's fastest-growing e-commerce market.\nHere's the big picture: Etsy's sales account for less than 1% of its addressable market. But if the company can continue to scale by onboarding new buyers and sellers, I think Etsy could grow tenfold from its currentmarket capof $24 billion.\n2. Pinterest\nPinterest is the go-to place for inspiration. It blends user-curated media content with a visual search engine, helping people picture their dreams and discover new ideas -- like a tasty recipe, a trendy summer fashion, or tips on planning a tropical getaway.\nNotably, the platform leans on artificial intelligence and computer vision, allowing Pinterest to personalize the experience for each user. And as more users engage, Pinterest collects more data, sharpening its predictive capabilities.\nCollectively, these attributes make Pinterest unique -- it's not just a search engine, nor is it just a social platform. Pinterest is a tool that helps people find what they want, even when they don't have the words to describe it.\nThose qualities also make it a great place for brands to reach consumers. Because people come to Pinterest in search of inspiration, digital ads fit organically into the platform, enriching the experience. In fact, ads on Pinterest offer two times better return on investment (ROI) compared to other social media. And advertisers have started to take note of this, upping their spend on Pinterest's platform.\nThat has translated into strong revenue growth.\n\n\n\nMetric\nQ1 2018 (TTM)\nQ1 2021 (TTM)\nCAGR\n\n\n\n\nMonthly active users\n239 million\n478 million\n26%\n\n\nRevenue\n$521.0 million\n$1.9 billion\n54%\n\n\n\nDATA SOURCE: PINTEREST SEC FILINGS. TTM = TRAILING 12 MONTHS. CAGR = COMPOUND ANNUAL GROWTH.\nSo why doesPinterest have so much potential? With a market cap of $46 billion, Pinterest is more than 20 times smaller thanFacebook, yet its unique platform is a better place for brands to reach consumers.\nSpecifically, people come to Pinterest looking for ideas -- in other words, they often come with shopping intent. As a result, over the last year, Pinterest saw a 200% increase in the number of users interacting with shopping tools on its platform. Moreover, the company has focused on building a positive, brand-safe environment, meaning ads are unlikely to appear beside divisive content or hate speech. Other social platforms can't make the same claims.\nIf Pinterest can continue to grow monthly active users at a steady clip, the platform should become increasingly valuable to advertisers over time. And with the digital ad market set to hit $645 billion by 2024, I think Pinterest could grow tenfold in the years ahead. That's why investors should consider adding thisgrowth stockto their portfolios.","news_type":1},"isVote":1,"tweetType":1,"viewCount":267,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":892116877,"gmtCreate":1628643427799,"gmtModify":1633745482359,"author":{"id":"3582021074722750","authorId":"3582021074722750","name":"ps84","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3582021074722750","authorIdStr":"3582021074722750"},"themes":[],"htmlText":"[Miser] ","listText":"[Miser] ","text":"[Miser]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/892116877","repostId":"1173905680","repostType":4,"repost":{"id":"1173905680","kind":"news","pubTimestamp":1628640116,"share":"https://www.laohu8.com/m/news/1173905680?lang=&edition=full","pubTime":"2021-08-11 08:01","market":"us","language":"en","title":"FuboTV stock jumps more than 10% after sports-focused streamer predicts sales will double in 2021","url":"https://stock-news.laohu8.com/highlight/detail?id=1173905680","media":"Market Wacth","summary":"FuboTV Inc. easily surpassed expectations for sales growth in the second quarter and executives incr","content":"<p>FuboTV Inc. easily surpassed expectations for sales growth in the second quarter and executives increased their forecast, calling for full-year revenue to more than double, sending shares more than 10% higher in after-hours trading Tuesday.</p>\n<p>FuboFUBO,reported a second-quarter loss of $94.9 million, or 68 cents a share, on sales of $130.9 million, up from $44.2 million a year ago. After adjusting for stock-based compensation and other costs, the company reported losses of 38 cents a share, an improvement from $2.46 a share in the year-ago quarter.<img src=\"https://static.tigerbbs.com/148e24541cd0643b7ace0b90ef43196a\" tg-width=\"935\" tg-height=\"730\" referrerpolicy=\"no-referrer\">Analysts on average expected adjusted losses of 49 cents a share on revenue of $121.4 million, according to FactSet, after the company forecast sales of $120 million to $122 million. Shares soared more than 10% higher in the extended session, after closing with a 2.5% gain at $28.64.</p>\n<p>In response, Fubo executives increased their full-year guidance for revenue to $560 million to $570 million, after previously stating $520 million to $530 million; FuboTV reported 2020 sales of $268.8 million. After ending the quarter with 681,721 subscribers, Fubo executives predicted that total would top 900,000 at the end of the year, increasing the forecast to 910,000 to 920,000 from 830,000 to 850,000 previously.</p>\n<p>For the third quarter, executives expect subscribers to top 800,000, guiding for 810,000 to 820,000 at the end of the period, leading to quarterly revenue of $140 million to $144 million. Analysts on average were expecting third-quarter revenue of $128.5 million, according to FactSet.</p>\n<p>Fubo offers a sports-focused streaming service, and hopes to launch a sportsbook offering that will combine gambling options with the live events it airs. Executives said Tuesday that the company is on track to launch that offering before the end of the year, and offered a preview.</p>\n<p>“We’re excited to preview for the first time today how the Fubo Sportsbook app will immediately and in real-time update with relevant bets based on what the user is watching — even as they change the channel to a new game,” executives wrote ina letter to investorsTuesday. “This invisible connection between streaming video and our mobile betting app is a feature we believe only FuboTV can bring to market.”</p>\n<p>After going public late last year, Fubo stock shot higher toward the end of last year, but has calmed down of late while still valuing the company at roughly $4 billion. Shares are up 186.4% in the past year, but down 37.5% in the past six months, as the S&P 500 indexSPX,+0.10%has gained 31.9% and 13.4% in those periods.<img src=\"https://static.tigerbbs.com/bbdcbd4d029585377cb50eb4b75d7998\" tg-width=\"710\" tg-height=\"522\" width=\"100%\" height=\"auto\"></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>FuboTV stock jumps more than 10% after sports-focused streamer predicts sales will double in 2021</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nFuboTV stock jumps more than 10% after sports-focused streamer predicts sales will double in 2021\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-08-11 08:01 GMT+8 <a href=https://www.marketwatch.com/story/fubotv-stock-jumps-more-than-10-after-sports-focused-streamer-predicts-sales-will-double-in-2021-11628630937><strong>Market Wacth</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>FuboTV Inc. easily surpassed expectations for sales growth in the second quarter and executives increased their forecast, calling for full-year revenue to more than double, sending shares more than ...</p>\n\n<a href=\"https://www.marketwatch.com/story/fubotv-stock-jumps-more-than-10-after-sports-focused-streamer-predicts-sales-will-double-in-2021-11628630937\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"FUBO":"fuboTV Inc."},"source_url":"https://www.marketwatch.com/story/fubotv-stock-jumps-more-than-10-after-sports-focused-streamer-predicts-sales-will-double-in-2021-11628630937","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1173905680","content_text":"FuboTV Inc. easily surpassed expectations for sales growth in the second quarter and executives increased their forecast, calling for full-year revenue to more than double, sending shares more than 10% higher in after-hours trading Tuesday.\nFuboFUBO,reported a second-quarter loss of $94.9 million, or 68 cents a share, on sales of $130.9 million, up from $44.2 million a year ago. After adjusting for stock-based compensation and other costs, the company reported losses of 38 cents a share, an improvement from $2.46 a share in the year-ago quarter.Analysts on average expected adjusted losses of 49 cents a share on revenue of $121.4 million, according to FactSet, after the company forecast sales of $120 million to $122 million. Shares soared more than 10% higher in the extended session, after closing with a 2.5% gain at $28.64.\nIn response, Fubo executives increased their full-year guidance for revenue to $560 million to $570 million, after previously stating $520 million to $530 million; FuboTV reported 2020 sales of $268.8 million. After ending the quarter with 681,721 subscribers, Fubo executives predicted that total would top 900,000 at the end of the year, increasing the forecast to 910,000 to 920,000 from 830,000 to 850,000 previously.\nFor the third quarter, executives expect subscribers to top 800,000, guiding for 810,000 to 820,000 at the end of the period, leading to quarterly revenue of $140 million to $144 million. Analysts on average were expecting third-quarter revenue of $128.5 million, according to FactSet.\nFubo offers a sports-focused streaming service, and hopes to launch a sportsbook offering that will combine gambling options with the live events it airs. Executives said Tuesday that the company is on track to launch that offering before the end of the year, and offered a preview.\n“We’re excited to preview for the first time today how the Fubo Sportsbook app will immediately and in real-time update with relevant bets based on what the user is watching — even as they change the channel to a new game,” executives wrote ina letter to investorsTuesday. “This invisible connection between streaming video and our mobile betting app is a feature we believe only FuboTV can bring to market.”\nAfter going public late last year, Fubo stock shot higher toward the end of last year, but has calmed down of late while still valuing the company at roughly $4 billion. Shares are up 186.4% in the past year, but down 37.5% in the past six months, as the S&P 500 indexSPX,+0.10%has gained 31.9% and 13.4% in those periods.","news_type":1},"isVote":1,"tweetType":1,"viewCount":239,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":898625076,"gmtCreate":1628495128995,"gmtModify":1633746692104,"author":{"id":"3582021074722750","authorId":"3582021074722750","name":"ps84","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3582021074722750","authorIdStr":"3582021074722750"},"themes":[],"htmlText":"🤔","listText":"🤔","text":"🤔","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/898625076","repostId":"2158288412","repostType":4,"repost":{"id":"2158288412","kind":"highlight","weMediaInfo":{"introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"media_name":"Reuters","id":"1036604489","head_image":"https://static.tigerbbs.com/443ce19704621c837795676028cec868"},"pubTimestamp":1628493056,"share":"https://www.laohu8.com/m/news/2158288412?lang=&edition=full","pubTime":"2021-08-09 15:10","market":"sh","language":"en","title":"'What a run!': German exports jump despite supply bottlenecks","url":"https://stock-news.laohu8.com/highlight/detail?id=2158288412","media":"Reuters","summary":"* Exports rise by 1.3% m/m in June\n* Much stronger than forecast of 0.4%\nBERLIN, Aug 9 (Reuters) - G","content":"<p>* Exports rise by 1.3% m/m in June</p>\n<p>* Much stronger than forecast of 0.4%</p>\n<p>BERLIN, Aug 9 (Reuters) - German exports rose more than expected in June despite persisting supply bottlenecks in manufacturing, data showed on Monday, suggesting a solid recovery in Europe's biggest economy.</p>\n<p>The data, released by the Federal Statistics Office on Monday, brought some relief after manufacturing figures showed on Friday that industrial output unexpectedly fell in June due to supply bottlenecks for intermediate goods.</p>\n<p>\"Exports are now up for the 14th month in a row. What a run!\" <a href=\"https://laohu8.com/S/VP..UK\">VP</a> Bank analyst Thomas Gitzel said.</p>\n<p>Seasonally adjusted exports jumped by 1.3% on the month in June after a slightly revised rise of 0.4% in May. Imports rose 0.6 % after an increase of 3.4% the prior month.</p>\n<p>The strong rise in exports widened the trade surplus to 13.6 billion euros from a revised 12.8 billion euros in May.</p>\n<p>A Reuters poll had pointed to a 0.4% increase in exports, a 0.5% rise in imports and a trade balance of 13.4 billion euros.</p>\n<p>Compared to February 2020, the month before the start of the COVID-19 pandemic in Germany, seasonally adjusted exports rose by 1.1% and imports jumped by 10%, underlining strong domestic demand and massive state spending during the crisis.</p>\n<p>The monthly trade data did not include a breakdown by country.</p>\n<p>On the year, exports jumped 23.6% and imports soared 27%, mainly driven by business with the United States and China, Germany's two most important trading partners outside the European Union's single market.</p>\n<p>Exports of \"Made in Germany\" goods to the United States were up by nearly 40% on the year in June and exports to China rose 16%. Exports to Britain increased 11% on the year while imports from the UK were up by 11.5%.</p>\n<p>VP Bank analyst Gitzel cautioned there was risk that the supply bottlenecks for intermediate products in manufacturing could soon be reflected more clearly in the export figures.</p>\n<p>\"The problem of material shortages will eat its way through the entire economic figures,\" Gitzel added.</p>\n<p>The central bank said last month economic growth could accelerate further this summer if there were no \"significant setbacks\" in the fight against the pandemic and if supply bottlenecks eased.</p>\n<p>On this condition, the Bundesbank expects the economy to reach its pre-pandemic levels at the end of the third quarter, growing 3.7% this year and 5.2% next year.</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>'What a run!': German exports jump despite supply bottlenecks</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\">\n'What a run!': German exports jump despite supply bottlenecks\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1036604489\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/443ce19704621c837795676028cec868);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Reuters </p>\n<p class=\"h-time\">2021-08-09 15:10</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>* Exports rise by 1.3% m/m in June</p>\n<p>* Much stronger than forecast of 0.4%</p>\n<p>BERLIN, Aug 9 (Reuters) - German exports rose more than expected in June despite persisting supply bottlenecks in manufacturing, data showed on Monday, suggesting a solid recovery in Europe's biggest economy.</p>\n<p>The data, released by the Federal Statistics Office on Monday, brought some relief after manufacturing figures showed on Friday that industrial output unexpectedly fell in June due to supply bottlenecks for intermediate goods.</p>\n<p>\"Exports are now up for the 14th month in a row. What a run!\" <a href=\"https://laohu8.com/S/VP..UK\">VP</a> Bank analyst Thomas Gitzel said.</p>\n<p>Seasonally adjusted exports jumped by 1.3% on the month in June after a slightly revised rise of 0.4% in May. Imports rose 0.6 % after an increase of 3.4% the prior month.</p>\n<p>The strong rise in exports widened the trade surplus to 13.6 billion euros from a revised 12.8 billion euros in May.</p>\n<p>A Reuters poll had pointed to a 0.4% increase in exports, a 0.5% rise in imports and a trade balance of 13.4 billion euros.</p>\n<p>Compared to February 2020, the month before the start of the COVID-19 pandemic in Germany, seasonally adjusted exports rose by 1.1% and imports jumped by 10%, underlining strong domestic demand and massive state spending during the crisis.</p>\n<p>The monthly trade data did not include a breakdown by country.</p>\n<p>On the year, exports jumped 23.6% and imports soared 27%, mainly driven by business with the United States and China, Germany's two most important trading partners outside the European Union's single market.</p>\n<p>Exports of \"Made in Germany\" goods to the United States were up by nearly 40% on the year in June and exports to China rose 16%. Exports to Britain increased 11% on the year while imports from the UK were up by 11.5%.</p>\n<p>VP Bank analyst Gitzel cautioned there was risk that the supply bottlenecks for intermediate products in manufacturing could soon be reflected more clearly in the export figures.</p>\n<p>\"The problem of material shortages will eat its way through the entire economic figures,\" Gitzel added.</p>\n<p>The central bank said last month economic growth could accelerate further this summer if there were no \"significant setbacks\" in the fight against the pandemic and if supply bottlenecks eased.</p>\n<p>On this condition, the Bundesbank expects the economy to reach its pre-pandemic levels at the end of the third quarter, growing 3.7% this year and 5.2% next year.</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":"2158288412","content_text":"* Exports rise by 1.3% m/m in June\n* Much stronger than forecast of 0.4%\nBERLIN, Aug 9 (Reuters) - German exports rose more than expected in June despite persisting supply bottlenecks in manufacturing, data showed on Monday, suggesting a solid recovery in Europe's biggest economy.\nThe data, released by the Federal Statistics Office on Monday, brought some relief after manufacturing figures showed on Friday that industrial output unexpectedly fell in June due to supply bottlenecks for intermediate goods.\n\"Exports are now up for the 14th month in a row. What a run!\" VP Bank analyst Thomas Gitzel said.\nSeasonally adjusted exports jumped by 1.3% on the month in June after a slightly revised rise of 0.4% in May. Imports rose 0.6 % after an increase of 3.4% the prior month.\nThe strong rise in exports widened the trade surplus to 13.6 billion euros from a revised 12.8 billion euros in May.\nA Reuters poll had pointed to a 0.4% increase in exports, a 0.5% rise in imports and a trade balance of 13.4 billion euros.\nCompared to February 2020, the month before the start of the COVID-19 pandemic in Germany, seasonally adjusted exports rose by 1.1% and imports jumped by 10%, underlining strong domestic demand and massive state spending during the crisis.\nThe monthly trade data did not include a breakdown by country.\nOn the year, exports jumped 23.6% and imports soared 27%, mainly driven by business with the United States and China, Germany's two most important trading partners outside the European Union's single market.\nExports of \"Made in Germany\" goods to the United States were up by nearly 40% on the year in June and exports to China rose 16%. Exports to Britain increased 11% on the year while imports from the UK were up by 11.5%.\nVP Bank analyst Gitzel cautioned there was risk that the supply bottlenecks for intermediate products in manufacturing could soon be reflected more clearly in the export figures.\n\"The problem of material shortages will eat its way through the entire economic figures,\" Gitzel added.\nThe central bank said last month economic growth could accelerate further this summer if there were no \"significant setbacks\" in the fight against the pandemic and if supply bottlenecks eased.\nOn this condition, the Bundesbank expects the economy to reach its pre-pandemic levels at the end of the third quarter, growing 3.7% this year and 5.2% next year.","news_type":1},"isVote":1,"tweetType":1,"viewCount":179,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":807263689,"gmtCreate":1628039321441,"gmtModify":1633754167702,"author":{"id":"3582021074722750","authorId":"3582021074722750","name":"ps84","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3582021074722750","authorIdStr":"3582021074722750"},"themes":[],"htmlText":"👍👍","listText":"👍👍","text":"👍👍","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/807263689","repostId":"1103921270","repostType":4,"isVote":1,"tweetType":1,"viewCount":168,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":804616823,"gmtCreate":1627953648162,"gmtModify":1633754953388,"author":{"id":"3582021074722750","authorId":"3582021074722750","name":"ps84","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3582021074722750","authorIdStr":"3582021074722750"},"themes":[],"htmlText":"👍","listText":"👍","text":"👍","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/804616823","repostId":"1188400249","repostType":4,"isVote":1,"tweetType":1,"viewCount":114,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":899461257,"gmtCreate":1628211169579,"gmtModify":1633752604141,"author":{"id":"3582021074722750","authorId":"3582021074722750","name":"ps84","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3582021074722750","authorIdStr":"3582021074722750"},"themes":[],"htmlText":"🤔","listText":"🤔","text":"🤔","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/899461257","repostId":"1151676244","repostType":4,"isVote":1,"tweetType":1,"viewCount":232,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"lives":[]}
