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Jeremiahsay
2021-05-27
Like and comment please
LAIX Inc shares once soared 40% in pre-market trading
Jeremiahsay
2021-05-24
Please like and comment on my comment. Hehe thanks.
Inflation data, consumer confidence: What to know this week
Jeremiahsay
2021-05-24
Bought the dip on ETH. #HODL
Crypto Is Crashing: Is Now the Time to Invest?
Jeremiahsay
2021-05-24
Please help to comment and like
China braces for US$1.3t maturity wall as defaults surge
Jeremiahsay
2021-05-24
Commented
Morgan Stanley: Here Are The 4 "Worries" That Will Dominate The Next 6-12 Months
Jeremiahsay
2021-05-21
I’m going to buy this stock when the stock market crashes. [Cool]
Jeremiahsay
2021-05-21
I smell $TSLA
California Says Most Uber, Lyft Trips Must Transition to EVs This Decade
Jeremiahsay
2021-05-21
These growth stocks will get hit the hardest when US10Y reaches 2%. Not saying they aren’t great companies. Just saying perhaps now is not a good time for me to get in.
Forget Ethereum: Buy These Game-Changing Growth Stocks Instead
Jeremiahsay
2021-05-21
“Gold is honest money dislike by dishonest people.” - Gracious Quotes
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and comment please","listText":"Like and comment please","text":"Like and comment please","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/132480477","repostId":"1183894964","repostType":4,"repost":{"id":"1183894964","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":1622103263,"share":"https://www.laohu8.com/m/news/1183894964?lang=&edition=full","pubTime":"2021-05-27 16:14","market":"us","language":"en","title":"LAIX Inc shares once soared 40% in pre-market trading","url":"https://stock-news.laohu8.com/highlight/detail?id=1183894964","media":"Tiger Newspress","summary":"LAIX Inc shares once soared 40% in pre-market trading,after announcing First Quarter 2021 Unaudited ","content":"<p>LAIX Inc shares once soared 40% in pre-market trading,after announcing First Quarter 2021 Unaudited Financial Results.</p><p><img src=\"https://static.tigerbbs.com/65815d67e0290ec2a066e3f3200d0ec8\" tg-width=\"1283\" tg-height=\"609\" referrerpolicy=\"no-referrer\"></p><p><b>First Quarter 2021 Financial and Operating Highlights</b></p><ul><li>Net income for the first quarter of 2021 wasRMB12.2 million (US$1.9 million), compared with a net loss ofRMB34.7 million for the previous quarter and a net loss ofRMB197.0 million for the same quarter last year.</li><li>Gross margin for the first quarter of 2021 was 77.6%, compared with 75.4% for the previous quarter and 65.5% for the same quarter last year.</li><li>Gross billings[1] for the first quarter of 2021 wereRMB154.4 million (US$23.6 million), a 9.8% decrease fromRMB171.1 million for the previous quarter and a 56.2% decrease fromRMB352.7 million for the same quarter last year.</li><li>Net revenues for the first quarter of 2021 wereRMB198.5 million (US$30.3 million), a 15.7% decrease fromRMB235.5 million for the previous quarter and a 13.0% decrease fromRMB228.3 million for the same quarter last year.</li><li>Sales and marketing expenses for the first quarter of 2021 wereRMB92.9 million (US$14.2 million), a 38.2% decrease fromRMB150.4 million for the previous quarter and a 64.9% decrease fromRMB264.7 million for the same quarter last year.</li><li>Operating cash outflow for the first quarter of 2021 wasRMB57.3 million (US$8.7 million), compared withRMB83.3 million for the previous quarter andRMB99.8 million for the same quarter last year.</li><li>Approximately 0.3 million paying users purchased the Company's courses and services for the first quarter of 2021, compared with approximately 0.4 million paying users for the previous quarter and approximately 0.9 million paying users for the same quarter last year, primarily attributable to the Company's stringent cost control in user acquisition expenditures.</li></ul>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>LAIX Inc shares once soared 40% in pre-market trading</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; 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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\">\nLAIX Inc shares once soared 40% in pre-market trading\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time\">2021-05-27 16:14</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>LAIX Inc shares once soared 40% in pre-market trading,after announcing First Quarter 2021 Unaudited Financial Results.</p><p><img src=\"https://static.tigerbbs.com/65815d67e0290ec2a066e3f3200d0ec8\" tg-width=\"1283\" tg-height=\"609\" referrerpolicy=\"no-referrer\"></p><p><b>First Quarter 2021 Financial and Operating Highlights</b></p><ul><li>Net income for the first quarter of 2021 wasRMB12.2 million (US$1.9 million), compared with a net loss ofRMB34.7 million for the previous quarter and a net loss ofRMB197.0 million for the same quarter last year.</li><li>Gross margin for the first quarter of 2021 was 77.6%, compared with 75.4% for the previous quarter and 65.5% for the same quarter last year.</li><li>Gross billings[1] for the first quarter of 2021 wereRMB154.4 million (US$23.6 million), a 9.8% decrease fromRMB171.1 million for the previous quarter and a 56.2% decrease fromRMB352.7 million for the same quarter last year.</li><li>Net revenues for the first quarter of 2021 wereRMB198.5 million (US$30.3 million), a 15.7% decrease fromRMB235.5 million for the previous quarter and a 13.0% decrease fromRMB228.3 million for the same quarter last year.</li><li>Sales and marketing expenses for the first quarter of 2021 wereRMB92.9 million (US$14.2 million), a 38.2% decrease fromRMB150.4 million for the previous quarter and a 64.9% decrease fromRMB264.7 million for the same quarter last year.</li><li>Operating cash outflow for the first quarter of 2021 wasRMB57.3 million (US$8.7 million), compared withRMB83.3 million for the previous quarter andRMB99.8 million for the same quarter last year.</li><li>Approximately 0.3 million paying users purchased the Company's courses and services for the first quarter of 2021, compared with approximately 0.4 million paying users for the previous quarter and approximately 0.9 million paying users for the same quarter last year, primarily attributable to the Company's stringent cost control in user acquisition expenditures.</li></ul>\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":"1183894964","content_text":"LAIX Inc shares once soared 40% in pre-market trading,after announcing First Quarter 2021 Unaudited Financial Results.First Quarter 2021 Financial and Operating HighlightsNet income for the first quarter of 2021 wasRMB12.2 million (US$1.9 million), compared with a net loss ofRMB34.7 million for the previous quarter and a net loss ofRMB197.0 million for the same quarter last year.Gross margin for the first quarter of 2021 was 77.6%, compared with 75.4% for the previous quarter and 65.5% for the same quarter last year.Gross billings[1] for the first quarter of 2021 wereRMB154.4 million (US$23.6 million), a 9.8% decrease fromRMB171.1 million for the previous quarter and a 56.2% decrease fromRMB352.7 million for the same quarter last year.Net revenues for the first quarter of 2021 wereRMB198.5 million (US$30.3 million), a 15.7% decrease fromRMB235.5 million for the previous quarter and a 13.0% decrease fromRMB228.3 million for the same quarter last year.Sales and marketing expenses for the first quarter of 2021 wereRMB92.9 million (US$14.2 million), a 38.2% decrease fromRMB150.4 million for the previous quarter and a 64.9% decrease fromRMB264.7 million for the same quarter last year.Operating cash outflow for the first quarter of 2021 wasRMB57.3 million (US$8.7 million), compared withRMB83.3 million for the previous quarter andRMB99.8 million for the same quarter last year.Approximately 0.3 million paying users purchased the Company's courses and services for the first quarter of 2021, compared with approximately 0.4 million paying users for the previous quarter and approximately 0.9 million paying users for the same quarter last year, primarily attributable to the Company's stringent cost control in user acquisition expenditures.","news_type":1},"isVote":1,"tweetType":1,"viewCount":541,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":131157236,"gmtCreate":1621839208825,"gmtModify":1634186179824,"author":{"id":"3584509994449737","authorId":"3584509994449737","name":"Jeremiahsay","avatar":"https://static.tigerbbs.com/728d5f6ebabd134a86ea0e208fea530d","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3584509994449737","authorIdStr":"3584509994449737"},"themes":[],"htmlText":"Please like and comment on my comment. Hehe thanks.","listText":"Please like and comment on my comment. Hehe thanks.","text":"Please like and comment on my comment. Hehe thanks.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":2,"repostSize":0,"link":"https://laohu8.com/post/131157236","repostId":"2137827351","repostType":4,"repost":{"id":"2137827351","kind":"news","pubTimestamp":1621788339,"share":"https://www.laohu8.com/m/news/2137827351?lang=&edition=full","pubTime":"2021-05-24 00:45","market":"us","language":"en","title":"Inflation data, consumer confidence: What to know this week","url":"https://stock-news.laohu8.com/highlight/detail?id=2137827351","media":"Yahoo Finance","summary":"Investors this week are poised to receive a number of key economic data reports offering the latest ","content":"<p>Investors this week are poised to receive a number of key economic data reports offering the latest look at the state of inflation in the U.S., with investors and consumers alike jittery at the prospects of rising prices during the post-pandemic recovery.</p><p>The U.S. Bureau of Economic Analysis will release its April personal consumption expenditures (PCE) index on Friday. The print is expected to show a rise of 3.5% in April over last year for the biggest increase since 2008, according to Bloomberg consensus data. This would also accelerate after a year-on-year jump of 2.3% in March. On a month-over-month basis, the PCE likely increased by 0.6%, accelerating after a 0.5% increase during the prior month.</p><p>Stripping away volatile food and energy prices, the so-called core PCE is expected to have increased by 2.9% in April over last year, which would be the largest jump in more than two decades.</p><p>Though the core PCE serves as the Federal Reserve's preferred inflation gauge, the expected surge in this week's inflation reports are unlikely to provoke immediate concern for the central bank. Federal Reserve Chair Jerome Powell has said repeatedly he believes inflationary pressures this year will be \"transitory,\" largely reflecting base effects as this year's data lap last year's pandemic-depressed levels. And for years previously, inflation ran well below the central bank's targeted levels.</p><p>In the words of the central bank's latest monetary policy statement, Federal Open Market Committee members wrote, \"With inflation running persistently below this longer-run goal, the Committee will aim to achieve inflation moderately above 2% for some time so that inflation averages 2% over time and longer‑term inflation expectations remain well anchored at 2%.\" In other words, the Fed has suggested monetary policy would remain as is — with interest rates near zero and the Fed's asset purchases taking place at a rate of $120 billion per month — as the economic recovery out of the pandemic progresses.</p><p>Still, the market has suggested it might need more convincing before agreeing that the jump in inflation will not be long-lasting or prompt a change in the Fed's current ultra-accommodative monetary policy positioning. Longer-duration assets like growth and technology stocks have especially come under pressure in recent months amid inflationary concerns, given prospects that higher rates might undercut future earnings potential. The information technology sector has sharply underperformed the broader S&P 500 so far this year, reversing course after outperforming strongly in 2020.</p><p><img src=\"https://s.yimg.com/os/creatr-uploaded-images/2021-05/0dd5d170-bb4b-11eb-aaed-1d008e6a3a00\" tg-width=\"4660\" tg-height=\"3062\" referrerpolicy=\"no-referrer\">SAN FRANCISCO, CALIFORNIA - APRIL 15: A pedestrian carries a shopping bag as he walks through the Union Square shopping district on April 15, 2021 in San Francisco, California. According to a report by the U.S. Commerce Department, retail sales surged 9.8 percent in March as Americans started to spend $1,400 government stimulus checks. (Photo by Justin Sullivan/Getty Images)Justin Sullivan via Getty Images</p><p>\"Markets have basically made inflation the battleground issue for determining whether or not it's really this rotation trade that'll win out the rest of this year, or whether it's the tech and growth stocks that won out last year,\" James Liu, Clearnomics founder and CEO, told Yahoo Finance last week. \"You've seen this bounce back and forth throughout the course of this year.\"</p><p>Heading into this week's PCE report, a number of other inflation prints have also exceeded expectations, pointing to an increase in both consumer and producer prices. Government data showed that headline consumer prices surged by a faster than expected 4.2% last month. Excluding food and energy, prices jumped 0.9% in April and were up 3.0% over the year. And producer prices also came in higher than expected, with core producer prices rising 4.1% in April over last year versus the 3.8% increase expected. These stronger-than-expected increases could portend some upside risk to this week's PCE print, some economists suggested.</p><p>\"The April CPI data were stronger than our expectation, suggesting a more front-loaded impact from transitory factors, pressure from semiconductor shortages and the resurgence of demand for sectors affected by the pandemic,\" Nomura Chief Economist Lewis Alexander wrote in a note Friday. \"Given that the core PCE price index is a chain-weighted index, an expected rise in spending for COVID-sensitive services could amplify the magnitude of corresponding prices.\"</p><h3>Consumer confidence</h3><p>Updated readings on sentiment among consumers are also due for release this week.</p><p>On Main Street, consumers have also observed rising prices. Inflation concerns have weighed on sentiment even as COVID-19 cases drop and more businesses reopen following widespread vaccinations.</p><p>\"Consumers have taken notice of rising inflation, as evidenced by Google Trends and the University of Michigan survey,\" Bank of America economist Michelle Meyer wrote in a note, referring to the University of Michigan's Surveys of Consumers. \"The expectation is increasingly for higher inflation, even if dominated by transitory stories, and we believe there is risk for further upside in the near term. But, over the medium term, we expect expectations to cool alongside the core inflation trajectory, albeit to a higher trend.\"</p><p>In the University of Michigan's preliminary May consumer sentiment survey, the headline index tumbled to 82.8 from 88.3 in April, \"due to higher inflation—the highest expected year-ahead inflation rate as well as the highest long term inflation rate in the past decade,\" Richard Curtin, chief economist for the University of Michigan's Surveys of Consumers, wrote in a note at the time. However, he added that \"consumer spending will still advance despite higher prices due to pent-up demand and record saving balances.\"</p><p>The University of Michigan's final May sentiment print due for release on Friday is expected to firm slightly to 83.0.</p><p>Other sentiment surveys will likely show similar dips for May, due in part to rising price pressures. The Conference Board's closely watched Consumer Confidence Index will be released on Tuesday, and is expected to dip to 118.9 in May from 121.7 in April. That had, in turn, been the highest reading since February 2020, or before COVID-19 cases began to surge in the U.S. last year.</p><h3>Earnings calendar</h3><ul><li><p><b>Monday: </b><a href=\"https://laohu8.com/S/RIDE\">Lordstown Motors Corp.</a> (RIDE) after market close</p></li><li><p><b>Tuesday: </b>AutoZone (AZO) before market open; Intuit (INTU), Nordstrom (JWN), Zscaler (ZS), Agilent Technologies (A) after market close</p></li><li><p><b>Wednesday: </b>Dick's Sporting Goods (DKS), Abercrombie & Fitch (ANF) before market open; American Eagle Outfitters (AEO), Nvidia (NVDA), Okta (OKTA), <a href=\"https://laohu8.com/S/SNOW\">Snowflake</a> (SNOW), <a href=\"https://laohu8.com/S/WDAY\">Workday</a> (WDAY), Williams-Sonoma (WSM) after market close</p></li><li><p><b>Thursday: </b>Best Buy (BBY), Dollar General (DG) before market open; Costco (COST), The Gap (GPS), VMWare (VMW), Box (BOX), Autodesk (ADSK), HP Inc (HPQ), <a href=\"https://laohu8.com/S/CRM\">Salesforce</a>.com Inc. (CRM), Dell (DELL), Ulta Beauty (ULTA) after market close</p></li><li><p><b>Friday: </b>N/A</p><p style=\"text-align:left;\"><img src=\"https://static.tigerbbs.com/ea494c0a9625f3a17a1306a1f1525dab\" tg-width=\"1472\" tg-height=\"594\" referrerpolicy=\"no-referrer\"></p></li></ul><h3>Economic calendar</h3><ul><li><p><b>Monday: </b>Chicago Fed National Activity Index, April (1.1 expected, 1.7 in March)</p></li><li><p><b>Tuesday: </b>FHFA House Price Index, month-over-month, March (1.3% expected, 0.9% in February); S&P <a href=\"https://laohu8.com/S/CLGX\">CoreLogic</a> Case-Shiller 20-City Composite Index, month-over-month, March (1.33% expected, 1.17% in February); S&P CoreLogic Case-Shiller 20-City Composite Index, year-over-year, March (12.55% expected, 11.94% in February); New home sales, April (950,000 expected, 1.021 million in March); Conference Board Consumer Confidence, May (118.9 expected, 121.7 in April); Richmond Fed. Manufacturing Index, May (18 expected, 17 in April)</p></li><li><p><b>Wednesday: </b>MBA Mortgage Applications, week ended May 21 (1.2% during prior week)</p></li><li><p><b>Thursday: </b>Durable goods orders, April preliminary (0.8% expected, 0.8% in March); Durable goods orders excluding transportation, April preliminary (0.7% expected, 1.9% in March); Non-defense capital goods orders excluding aircraft, April preliminary (1.0% expected, 1.2% in March); GDP annualized quarter-over-quarter, Q1 second print (6.5% expected, 6.4% in first print); Personal consumption, Q1 second print (10.9% expected, 10.7% in first print); Core personal consumptions expenditures, quarter-over-quarter, Q1 second print (2.3% expected, 2.3% in prior print); Initial jobless claims, week ended May 22 (425,000 expected, 444,000 during prior week); Continuing claims, week ended May 15 (3.751 million during prior week); Pending home sales, month-over-month, April (0.5% expected, 1.9% in March); Kansas City Fed Manufacturing Activity Index, May (29 expected, 31 in April)</p></li><li><p><b>Friday: </b>Wholesale inventories, month-over-month, April preliminary (1.1% expected, 1.3% in March); Personal income, April (-14.8% expected, 21.5% in March); Personal spending, April (0.5% expected, 4.2% in March); PCE Deflator, year-over-year, April (3.5% expected, 2.3% in March); PCE Deflator, month-over-month, April (0.6% expected, 0.5% in March); MNI Chicago PMI, May (69.0 expected, 72.1 in April); University of Michigan Sentiment, May final (83.0 expected, 82.8 in prior print)</p></li></ul>","source":"yahoofinance","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Inflation data, consumer confidence: What to know this week</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; 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}\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nInflation data, consumer confidence: What to know this week\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-05-24 00:45 GMT+8 <a href=https://finance.yahoo.com/news/inflation-data-consumer-confidence-what-to-know-this-week-164539544.html><strong>Yahoo Finance</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Investors this week are poised to receive a number of key economic data reports offering the latest look at the state of inflation in the U.S., with investors and consumers alike jittery at the ...</p>\n\n<a href=\"https://finance.yahoo.com/news/inflation-data-consumer-confidence-what-to-know-this-week-164539544.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"https://finance.yahoo.com/news/inflation-data-consumer-confidence-what-to-know-this-week-164539544.html","is_english":true,"share_image_url":"https://static.laohu8.com/5f26f4a48f9cb3e29be4d71d3ba8c038","article_id":"2137827351","content_text":"Investors this week are poised to receive a number of key economic data reports offering the latest look at the state of inflation in the U.S., with investors and consumers alike jittery at the prospects of rising prices during the post-pandemic recovery.The U.S. Bureau of Economic Analysis will release its April personal consumption expenditures (PCE) index on Friday. The print is expected to show a rise of 3.5% in April over last year for the biggest increase since 2008, according to Bloomberg consensus data. This would also accelerate after a year-on-year jump of 2.3% in March. On a month-over-month basis, the PCE likely increased by 0.6%, accelerating after a 0.5% increase during the prior month.Stripping away volatile food and energy prices, the so-called core PCE is expected to have increased by 2.9% in April over last year, which would be the largest jump in more than two decades.Though the core PCE serves as the Federal Reserve's preferred inflation gauge, the expected surge in this week's inflation reports are unlikely to provoke immediate concern for the central bank. Federal Reserve Chair Jerome Powell has said repeatedly he believes inflationary pressures this year will be \"transitory,\" largely reflecting base effects as this year's data lap last year's pandemic-depressed levels. And for years previously, inflation ran well below the central bank's targeted levels.In the words of the central bank's latest monetary policy statement, Federal Open Market Committee members wrote, \"With inflation running persistently below this longer-run goal, the Committee will aim to achieve inflation moderately above 2% for some time so that inflation averages 2% over time and longer‑term inflation expectations remain well anchored at 2%.\" In other words, the Fed has suggested monetary policy would remain as is — with interest rates near zero and the Fed's asset purchases taking place at a rate of $120 billion per month — as the economic recovery out of the pandemic progresses.Still, the market has suggested it might need more convincing before agreeing that the jump in inflation will not be long-lasting or prompt a change in the Fed's current ultra-accommodative monetary policy positioning. Longer-duration assets like growth and technology stocks have especially come under pressure in recent months amid inflationary concerns, given prospects that higher rates might undercut future earnings potential. The information technology sector has sharply underperformed the broader S&P 500 so far this year, reversing course after outperforming strongly in 2020.SAN FRANCISCO, CALIFORNIA - APRIL 15: A pedestrian carries a shopping bag as he walks through the Union Square shopping district on April 15, 2021 in San Francisco, California. According to a report by the U.S. Commerce Department, retail sales surged 9.8 percent in March as Americans started to spend $1,400 government stimulus checks. (Photo by Justin Sullivan/Getty Images)Justin Sullivan via Getty Images\"Markets have basically made inflation the battleground issue for determining whether or not it's really this rotation trade that'll win out the rest of this year, or whether it's the tech and growth stocks that won out last year,\" James Liu, Clearnomics founder and CEO, told Yahoo Finance last week. \"You've seen this bounce back and forth throughout the course of this year.\"Heading into this week's PCE report, a number of other inflation prints have also exceeded expectations, pointing to an increase in both consumer and producer prices. Government data showed that headline consumer prices surged by a faster than expected 4.2% last month. Excluding food and energy, prices jumped 0.9% in April and were up 3.0% over the year. And producer prices also came in higher than expected, with core producer prices rising 4.1% in April over last year versus the 3.8% increase expected. These stronger-than-expected increases could portend some upside risk to this week's PCE print, some economists suggested.\"The April CPI data were stronger than our expectation, suggesting a more front-loaded impact from transitory factors, pressure from semiconductor shortages and the resurgence of demand for sectors affected by the pandemic,\" Nomura Chief Economist Lewis Alexander wrote in a note Friday. \"Given that the core PCE price index is a chain-weighted index, an expected rise in spending for COVID-sensitive services could amplify the magnitude of corresponding prices.\"Consumer confidenceUpdated readings on sentiment among consumers are also due for release this week.On Main Street, consumers have also observed rising prices. Inflation concerns have weighed on sentiment even as COVID-19 cases drop and more businesses reopen following widespread vaccinations.\"Consumers have taken notice of rising inflation, as evidenced by Google Trends and the University of Michigan survey,\" Bank of America economist Michelle Meyer wrote in a note, referring to the University of Michigan's Surveys of Consumers. \"The expectation is increasingly for higher inflation, even if dominated by transitory stories, and we believe there is risk for further upside in the near term. But, over the medium term, we expect expectations to cool alongside the core inflation trajectory, albeit to a higher trend.\"In the University of Michigan's preliminary May consumer sentiment survey, the headline index tumbled to 82.8 from 88.3 in April, \"due to higher inflation—the highest expected year-ahead inflation rate as well as the highest long term inflation rate in the past decade,\" Richard Curtin, chief economist for the University of Michigan's Surveys of Consumers, wrote in a note at the time. However, he added that \"consumer spending will still advance despite higher prices due to pent-up demand and record saving balances.\"The University of Michigan's final May sentiment print due for release on Friday is expected to firm slightly to 83.0.Other sentiment surveys will likely show similar dips for May, due in part to rising price pressures. The Conference Board's closely watched Consumer Confidence Index will be released on Tuesday, and is expected to dip to 118.9 in May from 121.7 in April. That had, in turn, been the highest reading since February 2020, or before COVID-19 cases began to surge in the U.S. last year.Earnings calendarMonday: Lordstown Motors Corp. (RIDE) after market closeTuesday: AutoZone (AZO) before market open; Intuit (INTU), Nordstrom (JWN), Zscaler (ZS), Agilent Technologies (A) after market closeWednesday: Dick's Sporting Goods (DKS), Abercrombie & Fitch (ANF) before market open; American Eagle Outfitters (AEO), Nvidia (NVDA), Okta (OKTA), Snowflake (SNOW), Workday (WDAY), Williams-Sonoma (WSM) after market closeThursday: Best Buy (BBY), Dollar General (DG) before market open; Costco (COST), The Gap (GPS), VMWare (VMW), Box (BOX), Autodesk (ADSK), HP Inc (HPQ), Salesforce.com Inc. (CRM), Dell (DELL), Ulta Beauty (ULTA) after market closeFriday: N/AEconomic calendarMonday: Chicago Fed National Activity Index, April (1.1 expected, 1.7 in March)Tuesday: FHFA House Price Index, month-over-month, March (1.3% expected, 0.9% in February); S&P CoreLogic Case-Shiller 20-City Composite Index, month-over-month, March (1.33% expected, 1.17% in February); S&P CoreLogic Case-Shiller 20-City Composite Index, year-over-year, March (12.55% expected, 11.94% in February); New home sales, April (950,000 expected, 1.021 million in March); Conference Board Consumer Confidence, May (118.9 expected, 121.7 in April); Richmond Fed. Manufacturing Index, May (18 expected, 17 in April)Wednesday: MBA Mortgage Applications, week ended May 21 (1.2% during prior week)Thursday: Durable goods orders, April preliminary (0.8% expected, 0.8% in March); Durable goods orders excluding transportation, April preliminary (0.7% expected, 1.9% in March); Non-defense capital goods orders excluding aircraft, April preliminary (1.0% expected, 1.2% in March); GDP annualized quarter-over-quarter, Q1 second print (6.5% expected, 6.4% in first print); Personal consumption, Q1 second print (10.9% expected, 10.7% in first print); Core personal consumptions expenditures, quarter-over-quarter, Q1 second print (2.3% expected, 2.3% in prior print); Initial jobless claims, week ended May 22 (425,000 expected, 444,000 during prior week); Continuing claims, week ended May 15 (3.751 million during prior week); Pending home sales, month-over-month, April (0.5% expected, 1.9% in March); Kansas City Fed Manufacturing Activity Index, May (29 expected, 31 in April)Friday: Wholesale inventories, month-over-month, April preliminary (1.1% expected, 1.3% in March); Personal income, April (-14.8% expected, 21.5% in March); Personal spending, April (0.5% expected, 4.2% in March); PCE Deflator, year-over-year, April (3.5% expected, 2.3% in March); PCE Deflator, month-over-month, April (0.6% expected, 0.5% in March); MNI Chicago PMI, May (69.0 expected, 72.1 in April); University of Michigan Sentiment, May final (83.0 expected, 82.8 in prior print)","news_type":1},"isVote":1,"tweetType":1,"viewCount":472,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":131352436,"gmtCreate":1621830332925,"gmtModify":1634186254852,"author":{"id":"3584509994449737","authorId":"3584509994449737","name":"Jeremiahsay","avatar":"https://static.tigerbbs.com/728d5f6ebabd134a86ea0e208fea530d","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3584509994449737","authorIdStr":"3584509994449737"},"themes":[],"htmlText":"Bought the dip on ETH. #HODL","listText":"Bought the dip on ETH. #HODL","text":"Bought the dip on ETH. #HODL","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":2,"repostSize":0,"link":"https://laohu8.com/post/131352436","repostId":"1191258854","repostType":4,"repost":{"id":"1191258854","kind":"news","pubTimestamp":1621818302,"share":"https://www.laohu8.com/m/news/1191258854?lang=&edition=full","pubTime":"2021-05-24 09:05","market":"us","language":"en","title":"Crypto Is Crashing: Is Now the Time to Invest?","url":"https://stock-news.laohu8.com/highlight/detail?id=1191258854","media":"Motley Fool","summary":"Should you buy when prices are lower?Cryptocurrency has always been volatile, but it's experienced q","content":"<blockquote><b>Should you buy when prices are lower?</b></blockquote><p>Cryptocurrency has always been volatile, but it's experienced quite the wild ride over the past few months. After shattering records and reaching staggeringly high prices, cryptocurrencies have taken a sharp turn for the worse.</p><p><b>Bitcoin</b>(CRYPTO:BTC), which reached a high of around $65,000 per token last month, has fallen by more than 30% over the past 10 days, as of this writing. Other popular cryptocurrencies<b>Ethereum</b>(CRYPTO:ETH)and<b>Dogecoin</b>(CRYPTO:DOGE)are also down around 30% over the same time period.</p><p>Sometimes, market crashes are beneficial to investors because they're an opportunity to buy stocks at bargain prices. If you've been eager to invest in cryptocurrencies but are hesitant about the sky-high prices, a crypto crash could make them more affordable. But does that mean you should invest?</p><p><img src=\"https://static.tigerbbs.com/7a431fb4ba85bf22785c79c9d5e854fb\" tg-width=\"700\" tg-height=\"466\" referrerpolicy=\"no-referrer\"></p><p>IMAGE SOURCE: GETTY IMAGES.</p><p><b>Consider your tolerance for risk</b></p><p>The latest crypto crash is further proof of this sector's volatility. Considering cryptocurrency's history, a 30% drop is fairly mild. Bitcoin, for example, has fallen by more 80% on three separate occasions since 2012, according to data from Visual Capitalist.</p><p>This year alone, Bitcoin has already experienced several steep drops. So this recent crash is par for the course -- and there will likely be many more crashes like this in the future.</p><p><img src=\"https://static.tigerbbs.com/d201474a0a8330fe9548db7675270757\" tg-width=\"720\" tg-height=\"410\" referrerpolicy=\"no-referrer\">Before you invest in cryptocurrency, think about whether you can tolerate this level of risk. Although Bitcoin has always managed to bounce back from its slumps, there's no guarantee it will always recover.</p><p>If you know you're going to lose sleep when your investments plummet overnight, crypto may not be the best investment for you. But if you have the stomach for this type of turbulence, you may have the right personality for investing in crypto.</p><p><b>Choose your crypto carefully</b></p><p>If you decide to invest in cryptocurrency, buying when prices are lower may be a wise move. Especially if you're investing in a higher-priced currency like Bitcoin, you can get more for your money when buying during a downturn.</p><p>Just be sure you've done your research before you invest. The fact that a cryptocurrency is more affordable doesn't necessarily mean it's a smart investment, so consider all your options before you buy. The goal is to buy investments you can hold for the long term, so make sure you're choosing the right cryptocurrency for you.</p><p><img src=\"https://static.tigerbbs.com/bdae0dc3c25e26d6b12738f5eeb9a416\" tg-width=\"700\" tg-height=\"466\" referrerpolicy=\"no-referrer\"></p><p>IMAGE SOURCE: GETTY IMAGES.</p><p>Bitcoin is the biggest name in the crypto space, and it's also the oldest cryptocurrency. This gives it a leg up on the competition. However, it's an energy-intensive cryptocurrency, which poses environmental concerns. In fact,<b>Tesla</b>CEO Elon Musk recently announced that the company wouldno longer accept Bitcoinas a form of payment because of its environmental impact.</p><p>Ether is the second-most popular cryptocurrency, and it uses the popular blockchain Ethereum -- which is also the blockchain behind non-fungible tokens (NFTs) anddecentralized finance. Because the Ethereum blockchain has a variety of uses, that gives it an advantage. In addition, developers are currently working on Ethereum 2.0, which will be more energy-efficient and environmentally friendly.</p><p>Dogecoin is one of theriskiest cryptocurrencies, and buying this particular token is more similar to gambling than true investing. If you do choose to go this route, be sure you make this decision carefully.</p><p>Regardless of which option you choose, only invest money you can afford to lose. Crypto is still a high-risk investment, even if it is more affordable right now. While cryptocurrency isn't right for everyone, if you've decided to invest, you can save some money by investing when prices are lower.</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>Crypto Is Crashing: Is Now the Time to Invest?</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\">\nCrypto Is Crashing: Is Now the Time to Invest?\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-05-24 09:05 GMT+8 <a href=https://www.fool.com/investing/2021/05/23/crypto-is-crashing-is-now-the-time-to-invest/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Should you buy when prices are lower?Cryptocurrency has always been volatile, but it's experienced quite the wild ride over the past few months. After shattering records and reaching staggeringly high...</p>\n\n<a href=\"https://www.fool.com/investing/2021/05/23/crypto-is-crashing-is-now-the-time-to-invest/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"GBTC":"Grayscale Bitcoin Trust"},"source_url":"https://www.fool.com/investing/2021/05/23/crypto-is-crashing-is-now-the-time-to-invest/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1191258854","content_text":"Should you buy when prices are lower?Cryptocurrency has always been volatile, but it's experienced quite the wild ride over the past few months. After shattering records and reaching staggeringly high prices, cryptocurrencies have taken a sharp turn for the worse.Bitcoin(CRYPTO:BTC), which reached a high of around $65,000 per token last month, has fallen by more than 30% over the past 10 days, as of this writing. Other popular cryptocurrenciesEthereum(CRYPTO:ETH)andDogecoin(CRYPTO:DOGE)are also down around 30% over the same time period.Sometimes, market crashes are beneficial to investors because they're an opportunity to buy stocks at bargain prices. If you've been eager to invest in cryptocurrencies but are hesitant about the sky-high prices, a crypto crash could make them more affordable. But does that mean you should invest?IMAGE SOURCE: GETTY IMAGES.Consider your tolerance for riskThe latest crypto crash is further proof of this sector's volatility. Considering cryptocurrency's history, a 30% drop is fairly mild. Bitcoin, for example, has fallen by more 80% on three separate occasions since 2012, according to data from Visual Capitalist.This year alone, Bitcoin has already experienced several steep drops. So this recent crash is par for the course -- and there will likely be many more crashes like this in the future.Before you invest in cryptocurrency, think about whether you can tolerate this level of risk. Although Bitcoin has always managed to bounce back from its slumps, there's no guarantee it will always recover.If you know you're going to lose sleep when your investments plummet overnight, crypto may not be the best investment for you. But if you have the stomach for this type of turbulence, you may have the right personality for investing in crypto.Choose your crypto carefullyIf you decide to invest in cryptocurrency, buying when prices are lower may be a wise move. Especially if you're investing in a higher-priced currency like Bitcoin, you can get more for your money when buying during a downturn.Just be sure you've done your research before you invest. The fact that a cryptocurrency is more affordable doesn't necessarily mean it's a smart investment, so consider all your options before you buy. The goal is to buy investments you can hold for the long term, so make sure you're choosing the right cryptocurrency for you.IMAGE SOURCE: GETTY IMAGES.Bitcoin is the biggest name in the crypto space, and it's also the oldest cryptocurrency. This gives it a leg up on the competition. However, it's an energy-intensive cryptocurrency, which poses environmental concerns. In fact,TeslaCEO Elon Musk recently announced that the company wouldno longer accept Bitcoinas a form of payment because of its environmental impact.Ether is the second-most popular cryptocurrency, and it uses the popular blockchain Ethereum -- which is also the blockchain behind non-fungible tokens (NFTs) anddecentralized finance. Because the Ethereum blockchain has a variety of uses, that gives it an advantage. In addition, developers are currently working on Ethereum 2.0, which will be more energy-efficient and environmentally friendly.Dogecoin is one of theriskiest cryptocurrencies, and buying this particular token is more similar to gambling than true investing. If you do choose to go this route, be sure you make this decision carefully.Regardless of which option you choose, only invest money you can afford to lose. Crypto is still a high-risk investment, even if it is more affordable right now. While cryptocurrency isn't right for everyone, if you've decided to invest, you can save some money by investing when prices are lower.","news_type":1},"isVote":1,"tweetType":1,"viewCount":338,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":131034682,"gmtCreate":1621815982646,"gmtModify":1634186451166,"author":{"id":"3584509994449737","authorId":"3584509994449737","name":"Jeremiahsay","avatar":"https://static.tigerbbs.com/728d5f6ebabd134a86ea0e208fea530d","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3584509994449737","authorIdStr":"3584509994449737"},"themes":[],"htmlText":"Please help to comment and like","listText":"Please help to comment and like","text":"Please help to comment and like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/131034682","repostId":"1118150139","repostType":4,"repost":{"id":"1118150139","kind":"news","pubTimestamp":1621814809,"share":"https://www.laohu8.com/m/news/1118150139?lang=&edition=full","pubTime":"2021-05-24 08:06","market":"us","language":"en","title":"China braces for US$1.3t maturity wall as defaults surge","url":"https://stock-news.laohu8.com/highlight/detail?id=1118150139","media":"Bloomberg","summary":"[SHANGHAI] Even by the standards of a record-breaking global credit binge, China's corporate bond ta","content":"<p>[SHANGHAI] Even by the standards of a record-breaking global credit binge, China's corporate bond tab stands out: US$1.3 trillion of domestic debt payable in the next 12 months.</p>\n<p>That's 30 per cent more than what US companies owe, 63 per cent more than in all of Europe and enough money to buy Tesla twice over. What's more, it's all coming due at a time when Chinese borrowers are defaulting on onshore debt at an unprecedented pace.</p>\n<p>The combination has investors bracing for another turbulent stretch for the world's second-largest credit market.</p>\n<p>It's also underscoring the challenge for Chinese authorities as they work toward two conflicting goals: reducing moral hazard by allowing more defaults, and turning the domestic bond market into a more reliable source of long-term funding.</p>\n<p>While average corporate bond maturities have increased in the US, Europe and Japan in recent years, they're getting shorter in China as defaults prompt investors to reduce risk.</p>\n<p>Domestic Chinese bonds issued in the first quarter had an average tenor of 3.02 years, down from 3.22 years for all of last year and on course for the shortest annual average since Fitch Ratings began compiling the data in 2016.</p>\n<p>\"As credit risk increases, everyone wants to limit their exposure by investing in shorter maturities only,\" said Iris Pang, chief economist for Greater China at ING Bank NV. \"Issuers also want to sell shorter-dated bonds because as defaults rise, longer-dated bonds have even higher borrowing costs.\"</p>\n<p>The move toward shorter maturities has coincided with a Chinese government campaign to instill more discipline in local credit markets, which have long been underpinned by implicit state guarantees.</p>\n<p>Investors are increasingly rethinking the widely held assumption that authorities will backstop big borrowers amid a string of missed payments by state-owned companies and a selloff in bonds issued by China Huarong Asset Management.</p>\n<p>The country's onshore defaults have swelled from negligible levels in 2016 to exceed 100 billion yuan (S$20.6 billion) for four straight years. That milestone was reached again last month, putting defaults on track for another record annual high.</p>\n<p>The resulting preference for shorter-dated bonds has exacerbated one of China's structural challenges: a dearth of long-term institutional money.</p>\n<p>Even before authorities began allowing more defaults, short-term investments including banks' wealth management products played an outsized role.</p>\n<p>Social security funds and insurance firms are the main providers of long-term funding in China, but their presence in the bond market is limited, said Wu Zhaoyin, chief strategist at AVIC Trust, a financial firm.</p>\n<p>\"It's difficult to sell long-dated bonds in China because there is a lack of long-term capital,\" Mr Wu said.</p>\n<p>Chinese authorities have been taking steps to attract long-term investors, including foreign pension funds and university endowments.</p>\n<p>The government has in recent years scrapped some investment quotas and dismantled foreign ownership limits for life insurers, brokerages and fund managers.</p>\n<p>But even if those efforts gain traction, it's not clear Chinese companies will embrace longer maturities.</p>\n<p>Many prefer selling short-dated bonds because they lack long-term capital management plans, according to Shen Meng, director at Chanson & Co, a Beijing-based boutique investment bank.</p>\n<p>That applies even for state-owned enterprises, whose senior managers typically get reshuffled by the government every three to five years, Mr Shen said.</p>\n<p>The upshot is that China's domestic credit market faces a near constant cycle of refinancing and repayment risk, which threatens to exacerbate volatility as defaults rise.</p>\n<p>A similar dynamic is also playing out in the offshore market, where maturities total US$167 billion over the next 12 months.</p>\n<p>For ING's Pang, the cycle is unlikely to change anytime soon. \"It may last for another decade in China,\" she said.</p>\n<p></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>China braces for US$1.3t maturity wall as defaults surge</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\">\nChina braces for US$1.3t maturity wall as defaults surge\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-05-24 08:06 GMT+8 <a href=https://www.businesstimes.com.sg/government-economy/china-braces-for-us13t-maturity-wall-as-defaults-surge><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>[SHANGHAI] Even by the standards of a record-breaking global credit binge, China's corporate bond tab stands out: US$1.3 trillion of domestic debt payable in the next 12 months.\nThat's 30 per cent ...</p>\n\n<a href=\"https://www.businesstimes.com.sg/government-economy/china-braces-for-us13t-maturity-wall-as-defaults-surge\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"399001":"深证成指","399006":"创业板指","000001.SH":"上证指数"},"source_url":"https://www.businesstimes.com.sg/government-economy/china-braces-for-us13t-maturity-wall-as-defaults-surge","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1118150139","content_text":"[SHANGHAI] Even by the standards of a record-breaking global credit binge, China's corporate bond tab stands out: US$1.3 trillion of domestic debt payable in the next 12 months.\nThat's 30 per cent more than what US companies owe, 63 per cent more than in all of Europe and enough money to buy Tesla twice over. What's more, it's all coming due at a time when Chinese borrowers are defaulting on onshore debt at an unprecedented pace.\nThe combination has investors bracing for another turbulent stretch for the world's second-largest credit market.\nIt's also underscoring the challenge for Chinese authorities as they work toward two conflicting goals: reducing moral hazard by allowing more defaults, and turning the domestic bond market into a more reliable source of long-term funding.\nWhile average corporate bond maturities have increased in the US, Europe and Japan in recent years, they're getting shorter in China as defaults prompt investors to reduce risk.\nDomestic Chinese bonds issued in the first quarter had an average tenor of 3.02 years, down from 3.22 years for all of last year and on course for the shortest annual average since Fitch Ratings began compiling the data in 2016.\n\"As credit risk increases, everyone wants to limit their exposure by investing in shorter maturities only,\" said Iris Pang, chief economist for Greater China at ING Bank NV. \"Issuers also want to sell shorter-dated bonds because as defaults rise, longer-dated bonds have even higher borrowing costs.\"\nThe move toward shorter maturities has coincided with a Chinese government campaign to instill more discipline in local credit markets, which have long been underpinned by implicit state guarantees.\nInvestors are increasingly rethinking the widely held assumption that authorities will backstop big borrowers amid a string of missed payments by state-owned companies and a selloff in bonds issued by China Huarong Asset Management.\nThe country's onshore defaults have swelled from negligible levels in 2016 to exceed 100 billion yuan (S$20.6 billion) for four straight years. That milestone was reached again last month, putting defaults on track for another record annual high.\nThe resulting preference for shorter-dated bonds has exacerbated one of China's structural challenges: a dearth of long-term institutional money.\nEven before authorities began allowing more defaults, short-term investments including banks' wealth management products played an outsized role.\nSocial security funds and insurance firms are the main providers of long-term funding in China, but their presence in the bond market is limited, said Wu Zhaoyin, chief strategist at AVIC Trust, a financial firm.\n\"It's difficult to sell long-dated bonds in China because there is a lack of long-term capital,\" Mr Wu said.\nChinese authorities have been taking steps to attract long-term investors, including foreign pension funds and university endowments.\nThe government has in recent years scrapped some investment quotas and dismantled foreign ownership limits for life insurers, brokerages and fund managers.\nBut even if those efforts gain traction, it's not clear Chinese companies will embrace longer maturities.\nMany prefer selling short-dated bonds because they lack long-term capital management plans, according to Shen Meng, director at Chanson & Co, a Beijing-based boutique investment bank.\nThat applies even for state-owned enterprises, whose senior managers typically get reshuffled by the government every three to five years, Mr Shen said.\nThe upshot is that China's domestic credit market faces a near constant cycle of refinancing and repayment risk, which threatens to exacerbate volatility as defaults rise.\nA similar dynamic is also playing out in the offshore market, where maturities total US$167 billion over the next 12 months.\nFor ING's Pang, the cycle is unlikely to change anytime soon. \"It may last for another decade in China,\" she said.","news_type":1},"isVote":1,"tweetType":1,"viewCount":446,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":131035233,"gmtCreate":1621815941422,"gmtModify":1634186451988,"author":{"id":"3584509994449737","authorId":"3584509994449737","name":"Jeremiahsay","avatar":"https://static.tigerbbs.com/728d5f6ebabd134a86ea0e208fea530d","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3584509994449737","authorIdStr":"3584509994449737"},"themes":[],"htmlText":" Commented","listText":" Commented","text":"Commented","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":2,"repostSize":0,"link":"https://laohu8.com/post/131035233","repostId":"1196215338","repostType":4,"repost":{"id":"1196215338","kind":"news","pubTimestamp":1621815461,"share":"https://www.laohu8.com/m/news/1196215338?lang=&edition=full","pubTime":"2021-05-24 08:17","market":"us","language":"en","title":"Morgan Stanley: Here Are The 4 \"Worries\" That Will Dominate The Next 6-12 Months","url":"https://stock-news.laohu8.com/highlight/detail?id=1196215338","media":"zerohedge","summary":"By Andrew Sheets, Chief Cross-Asset Strategist for Morgan Stanley\nAll Gas, No Brakes\nThe weather in ","content":"<p><i>By Andrew Sheets, Chief Cross-Asset Strategist for Morgan Stanley</i></p>\n<p><b>All Gas, No Brakes</b></p>\n<p>The weather in London this week has been rainy <i>while</i> sunny, which feels like a fair description of current sentiment, as we’ve been discussing our mid-year outlook with investors this week. There’s a <i>wide</i> range of views out there at the moment, with the noisiness of the data giving everyone something to hang their hat on. In short, it’s the perfect time to step back and debate the longer-term outlook.</p>\n<p>The most notable aspect of our forecasts, and one of the most contentious areas of debate, is just how much our expectations differ from the prior decade. The post-GFC period was defined by fiscal austerity, <i>low</i> investment, a deleveraging consumer and central banks acting <i>pre-emptively</i> to choke off inflationary risk. Indeed,<b>for all that we associate ‘easy policy’ with the last cycle, the PBOC tightening in 2010, the ECB hiking in 2011 and the Fed hiking in 2015 were all aggressive </b><b><i>early</i></b><b> moves to nip inflation in the bud.</b></p>\n<p><b>Our expectations this time around couldn’t be more different.</b>Fiscal policy is historically expansionary. The consumer in the US, Europe and China is in outstanding shape, with record levels of savings. We see a ‘red-hot capex cycle’ and public and private sector investment increasing. Global real rates are still near all-time lows. As my colleague Chetan Ahya noted in last week’s <i>Sunday Start</i>,<b>fiscal easing, cheap money, a strong consumer and more investment are four powerful cylinders in the proverbial economic engine.</b></p>\n<p>But just as notable is the expected policy response. In the face of strong growth, we think that central banks remain unusually standoffish. For the Fed, it’s a focus on still-elevated unemployment, coupled with a recent commitment to average inflation targeting. For the ECB, it’s awareness of a long-running inflation undershoot and memories of the 2011 hikes. For China, it’s taking a more gradual approach to tightening than after the last downturn.</p>\n<p><b>In short, it’s a global economy with a lot of gas and few brakes:</b>And if that is so, it means the risk case is different. After a decade where risk often skewed to the downside and the question was what new form of easing would central banks conjure up to fight weakness, the issue now is that growth is <i>good</i>. Hence<b>:</b></p>\n<ol>\n <li><p><b>Will the recovery create inflation?</b></p></li>\n <li><p><b>Will it alter central bank policy?</b></p></li>\n <li><p><b>Will that lead to margin and tax pressures?</b></p></li>\n <li><p><b>And is good growth already in the price?</b></p></li>\n</ol>\n<p><i>If</i> these are the ‘worries’ that will dominate the next 6-12 months, they won’t apply evenly. For US equities and credit, as well as segments of EM, these concerns will be front and center. But for Europe (and Japan), the questions of excessive valuations, high inflation, a hawkish policy shift or new corporate taxes seem much more distant. Maybe this distinction is obvious, but we think that it still works to Europe’s advantage.</p>\n<p>A hotter cycle could also mean a <i>shorter</i> cycle, and an unusually fast normalization of conditions. Such a scenario disadvantages credit. The asset class sees outstanding early-cycle, post-recession performance as growth recovers and companies focus on survival. But as things heat up, extra growth doesn’t mean any extra income from a corporate bond. On a cross-asset basis, credit underperforms on our new 12-month forecasts, and credit risk premiums look rich relative to other assets.<b>With a change in view from Srikanth Sankaran and our credit strategy team, we’ve downgraded credit to equal-weight.</b></p>\n<p>Finally, these forecasts invite an even more important <i>structural</i> question. Again, our expectations for strong fiscal, monetary and capital spending and consumer trends are <i>very</i> different from what prevailed over the last decade.<b>Will this mean an exit from the secular stagnation of the post-GFC mindset? If we are right, this should be an increasingly important debate.</b></p>\n<p>As we’ve told this story over the last week, opinions, like the weather, have been mixed. We’ve talked to plenty of investors who think it’s finally Europe’s time to shine, and plenty of others who worry it will remain a serial disappointment.<b>One investor described our expectation that the Fed doesn’t hike until 3Q23 as ‘what the Fed wants to do, not what it will do’, while another thought the Fed wouldn’t be able to complete tapering, given market sensitivity to real rates.</b></p>\n<p>Opinion on the big picture is similarly divided.<b>Indeed, the current debate reminds me quite a bit of 2010, when there was a sharp division between those who expected a rapid return of pre-crisis conditions (higher rates, EM leadership), and those who thought otherwise.</b>As growth and inflation pick up, we expect a trickier summer, but also an ongoing debate around these larger issues. Rain during sunshine could be something we need to get used to.</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>Morgan Stanley: Here Are The 4 \"Worries\" That Will Dominate The Next 6-12 Months</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\">\nMorgan Stanley: Here Are The 4 \"Worries\" That Will Dominate The Next 6-12 Months\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-05-24 08:17 GMT+8 <a href=https://www.zerohedge.com/markets/morgan-stanley-here-are-4-worries-will-dominate-next-6-12-months><strong>zerohedge</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>By Andrew Sheets, Chief Cross-Asset Strategist for Morgan Stanley\nAll Gas, No Brakes\nThe weather in London this week has been rainy while sunny, which feels like a fair description of current ...</p>\n\n<a href=\"https://www.zerohedge.com/markets/morgan-stanley-here-are-4-worries-will-dominate-next-6-12-months\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".DJI":"道琼斯",".IXIC":"NASDAQ Composite","SPY":"标普500ETF",".SPX":"S&P 500 Index"},"source_url":"https://www.zerohedge.com/markets/morgan-stanley-here-are-4-worries-will-dominate-next-6-12-months","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1196215338","content_text":"By Andrew Sheets, Chief Cross-Asset Strategist for Morgan Stanley\nAll Gas, No Brakes\nThe weather in London this week has been rainy while sunny, which feels like a fair description of current sentiment, as we’ve been discussing our mid-year outlook with investors this week. There’s a wide range of views out there at the moment, with the noisiness of the data giving everyone something to hang their hat on. In short, it’s the perfect time to step back and debate the longer-term outlook.\nThe most notable aspect of our forecasts, and one of the most contentious areas of debate, is just how much our expectations differ from the prior decade. The post-GFC period was defined by fiscal austerity, low investment, a deleveraging consumer and central banks acting pre-emptively to choke off inflationary risk. Indeed,for all that we associate ‘easy policy’ with the last cycle, the PBOC tightening in 2010, the ECB hiking in 2011 and the Fed hiking in 2015 were all aggressive early moves to nip inflation in the bud.\nOur expectations this time around couldn’t be more different.Fiscal policy is historically expansionary. The consumer in the US, Europe and China is in outstanding shape, with record levels of savings. We see a ‘red-hot capex cycle’ and public and private sector investment increasing. Global real rates are still near all-time lows. As my colleague Chetan Ahya noted in last week’s Sunday Start,fiscal easing, cheap money, a strong consumer and more investment are four powerful cylinders in the proverbial economic engine.\nBut just as notable is the expected policy response. In the face of strong growth, we think that central banks remain unusually standoffish. For the Fed, it’s a focus on still-elevated unemployment, coupled with a recent commitment to average inflation targeting. For the ECB, it’s awareness of a long-running inflation undershoot and memories of the 2011 hikes. For China, it’s taking a more gradual approach to tightening than after the last downturn.\nIn short, it’s a global economy with a lot of gas and few brakes:And if that is so, it means the risk case is different. After a decade where risk often skewed to the downside and the question was what new form of easing would central banks conjure up to fight weakness, the issue now is that growth is good. Hence:\n\nWill the recovery create inflation?\nWill it alter central bank policy?\nWill that lead to margin and tax pressures?\nAnd is good growth already in the price?\n\nIf these are the ‘worries’ that will dominate the next 6-12 months, they won’t apply evenly. For US equities and credit, as well as segments of EM, these concerns will be front and center. But for Europe (and Japan), the questions of excessive valuations, high inflation, a hawkish policy shift or new corporate taxes seem much more distant. Maybe this distinction is obvious, but we think that it still works to Europe’s advantage.\nA hotter cycle could also mean a shorter cycle, and an unusually fast normalization of conditions. Such a scenario disadvantages credit. The asset class sees outstanding early-cycle, post-recession performance as growth recovers and companies focus on survival. But as things heat up, extra growth doesn’t mean any extra income from a corporate bond. On a cross-asset basis, credit underperforms on our new 12-month forecasts, and credit risk premiums look rich relative to other assets.With a change in view from Srikanth Sankaran and our credit strategy team, we’ve downgraded credit to equal-weight.\nFinally, these forecasts invite an even more important structural question. Again, our expectations for strong fiscal, monetary and capital spending and consumer trends are very different from what prevailed over the last decade.Will this mean an exit from the secular stagnation of the post-GFC mindset? If we are right, this should be an increasingly important debate.\nAs we’ve told this story over the last week, opinions, like the weather, have been mixed. We’ve talked to plenty of investors who think it’s finally Europe’s time to shine, and plenty of others who worry it will remain a serial disappointment.One investor described our expectation that the Fed doesn’t hike until 3Q23 as ‘what the Fed wants to do, not what it will do’, while another thought the Fed wouldn’t be able to complete tapering, given market sensitivity to real rates.\nOpinion on the big picture is similarly divided.Indeed, the current debate reminds me quite a bit of 2010, when there was a sharp division between those who expected a rapid return of pre-crisis conditions (higher rates, EM leadership), and those who thought otherwise.As growth and inflation pick up, we expect a trickier summer, but also an ongoing debate around these larger issues. Rain during sunshine could be something we need to get used to.","news_type":1},"isVote":1,"tweetType":1,"viewCount":371,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":139106243,"gmtCreate":1621597510482,"gmtModify":1634187780505,"author":{"id":"3584509994449737","authorId":"3584509994449737","name":"Jeremiahsay","avatar":"https://static.tigerbbs.com/728d5f6ebabd134a86ea0e208fea530d","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3584509994449737","authorIdStr":"3584509994449737"},"themes":[],"htmlText":"I’m going to buy this stock when the stock market crashes. [Cool] ","listText":"I’m going to buy this stock when the stock market crashes. [Cool] ","text":"I’m going to buy this stock when the stock market crashes. [Cool]","images":[{"img":"https://static.tigerbbs.com/8e51b937f4ca5244967d806c70aa4c29","width":"1125","height":"2425"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/139106243","isVote":1,"tweetType":1,"viewCount":240,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":139108433,"gmtCreate":1621597439222,"gmtModify":1634187780727,"author":{"id":"3584509994449737","authorId":"3584509994449737","name":"Jeremiahsay","avatar":"https://static.tigerbbs.com/728d5f6ebabd134a86ea0e208fea530d","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3584509994449737","authorIdStr":"3584509994449737"},"themes":[],"htmlText":"I smell $TSLA","listText":"I smell $TSLA","text":"I smell $TSLA","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/139108433","repostId":"1139572292","repostType":4,"repost":{"id":"1139572292","kind":"news","pubTimestamp":1621587045,"share":"https://www.laohu8.com/m/news/1139572292?lang=&edition=full","pubTime":"2021-05-21 16:50","market":"us","language":"en","title":"California Says Most Uber, Lyft Trips Must Transition to EVs This Decade","url":"https://stock-news.laohu8.com/highlight/detail?id=1139572292","media":"Barrons","summary":"California is the first state in the nation to require that nearly all the miles traveled by ride-ha","content":"<p>California is the first state in the nation to require that nearly all the miles traveled by ride-hailing drivers take place in electric vehicles by 2030.</p>\n<p>The California Air Resources Board on Thursday approved the new rules, which means Uber (ticker: UBER) and Lyft (LYFT) will need to ensure that most of their drivers transition to EVs in this decade. The next step is for the California Public Utilities Commission to finalize how the rules will be implemented.</p>\n<p>The remaining question is who will pay. Despite their approval of the measure, the board members said Thursday they are extremely concerned about low-income drivers having to bear the majority of the costs and expressed the need to continue to collect information on how this will affect them.</p>\n<p>Uber and Lyft consider their drivers independent contractors, and the drivers own or rent their vehicles. The companies, which are unprofitable but valued at billions of dollars, want the state to share the costs by providing incentives. The bill, as estimated by the Union of Concerned Scientists, could total $1.73 billion, which it also forecast could cost the companies 4 cents a mile.</p>\n<p>“Yes, drivers own their vehicles, but they’re operating on these platforms that are generating extra emissions,” said Elizabeth Irvin, senior transportation analyst for the Clean Transportation program at the Union of Concerned Scientists, in an interview before the vote. “It’s critical that [the companies] do their part.”</p>\n<p>CARB member Nathan Fletcher said during the discussion before the vote that “We don’t have a mechanism to ensure that this doesn’t just get passed down to the drivers.” He added that “an industry based on labor exploitation will be asking for subsidies to address the environmental impacts that they’re profiting from.”</p>\n<p>All other CARB members who were present for the vote echoed those concerns.</p>\n<p>“I’d be remiss if I didn’t mention how Proposition 22 has worked out in making sure drivers are protected,” said Davina Hurt, referring to continuing concerns that ride-hailing drivers are not adequately compensated or protected after California voters approved in November the ballot initiative that allows Uber, Lyft and other gig companies to continue classifying their workers as independent contractors.</p>\n<p>The drivers—who are mostly low-income, as the companies themselves say—may not be able to afford to switch to EVs on their own. Electric vehicles remain more expensive than their gas-powered counterparts.</p>\n<p>“Can a driver afford to own any car, is my question,” Nicole Moore, a Los Angeles-based driver and worker organizer with Rideshare Drivers United, told MarketWatch. Moore said many drivers are struggling to earn enough money to pay for basics like rent and food.</p>\n<p>“In the end, the way the state of California—and voters—are allowing these companies to operate, there is no way we can afford electric vehicles,” she said.</p>\n<p>The clean-miles standard approved by CARB was enacted in response to legislation passed in 2018, and calls for 90% of ride-hailing miles to take place in EVs by 2030. That is actually slightly less ambitious than the goals Uber and Lyft announced last year of 100% of rides in EVs by 2030.</p>\n<p>The companies are pushing for government subsidies to reach those electrification goals. Uber says ride-hailing emissions make up a tiny fraction of emissions—about 1% of all vehicle miles traveled by light-duty vehicles in the state—but CARB finds that because ride-hailing drivers spend a lot of time in their vehicles without passengers, they produce a disproportionate amount of emissions compared with other fleets.</p>\n<p>Uber also says it’s doing its part by committing $800 million toward helping drivers get into EVs. Lyft points to a program that allows its drivers to rent EVs, and is exploring other ways it can help, including providing direct incentives. But both companies are calling for existing government incentive or rebate programs, or for the creation of new programs, to help ride-hailing drivers get into electric vehicles.</p>\n<p>“We take a sober look at financial barriers for drivers,” said Adam Gromis, Uber’s global head of sustainability, during discussion before the vote. Like Lyft, he mentioned the need for credits and incentive programs.</p>\n<p>“We need to ensure that there is minimal negative impact on low-income drivers,” said Paul Augustine, an executive on the sustainability team at Lyft. “We need to work together.”</p>\n<p>Included in the new standards are credits for TNCs related to investments toward infrastructure, or for transit rides booked through their apps, although some board members weren’t so supportive of credits for Uber and Lyft at all.</p>\n<p>“Credits aren’t necessary for companies that can spend $200M on a proposition to avoid supporting their drivers,” Diane Takvorian said, referring to how much gig companies, including Uber and Lyft, spent to support the passage of Prop. 22.</p>\n<p>The board members weren’t the only ones calling for Uber and Lyft to bear the costs of electrifying their ride-hailing fleets. Representatives of environmental groups also spoke up before the vote and urged the same thing.</p>\n<p>“These companies must and absolutely can pay, not drivers,” said Sam Appel of the BlueGreen Alliance. “They are well-capitalized to do so.”</p>","source":"lsy1601382232898","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>California Says Most Uber, Lyft Trips Must Transition to EVs This Decade</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\">\nCalifornia Says Most Uber, Lyft Trips Must Transition to EVs This Decade\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-05-21 16:50 GMT+8 <a href=https://www.barrons.com/articles/california-uber-lyft-electric-vehicles-51621548100?mod=hp_LEADSUPP_2><strong>Barrons</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>California is the first state in the nation to require that nearly all the miles traveled by ride-hailing drivers take place in electric vehicles by 2030.\nThe California Air Resources Board on ...</p>\n\n<a href=\"https://www.barrons.com/articles/california-uber-lyft-electric-vehicles-51621548100?mod=hp_LEADSUPP_2\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"LYFT":"Lyft, Inc.","UBER":"优步"},"source_url":"https://www.barrons.com/articles/california-uber-lyft-electric-vehicles-51621548100?mod=hp_LEADSUPP_2","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1139572292","content_text":"California is the first state in the nation to require that nearly all the miles traveled by ride-hailing drivers take place in electric vehicles by 2030.\nThe California Air Resources Board on Thursday approved the new rules, which means Uber (ticker: UBER) and Lyft (LYFT) will need to ensure that most of their drivers transition to EVs in this decade. The next step is for the California Public Utilities Commission to finalize how the rules will be implemented.\nThe remaining question is who will pay. Despite their approval of the measure, the board members said Thursday they are extremely concerned about low-income drivers having to bear the majority of the costs and expressed the need to continue to collect information on how this will affect them.\nUber and Lyft consider their drivers independent contractors, and the drivers own or rent their vehicles. The companies, which are unprofitable but valued at billions of dollars, want the state to share the costs by providing incentives. The bill, as estimated by the Union of Concerned Scientists, could total $1.73 billion, which it also forecast could cost the companies 4 cents a mile.\n“Yes, drivers own their vehicles, but they’re operating on these platforms that are generating extra emissions,” said Elizabeth Irvin, senior transportation analyst for the Clean Transportation program at the Union of Concerned Scientists, in an interview before the vote. “It’s critical that [the companies] do their part.”\nCARB member Nathan Fletcher said during the discussion before the vote that “We don’t have a mechanism to ensure that this doesn’t just get passed down to the drivers.” He added that “an industry based on labor exploitation will be asking for subsidies to address the environmental impacts that they’re profiting from.”\nAll other CARB members who were present for the vote echoed those concerns.\n“I’d be remiss if I didn’t mention how Proposition 22 has worked out in making sure drivers are protected,” said Davina Hurt, referring to continuing concerns that ride-hailing drivers are not adequately compensated or protected after California voters approved in November the ballot initiative that allows Uber, Lyft and other gig companies to continue classifying their workers as independent contractors.\nThe drivers—who are mostly low-income, as the companies themselves say—may not be able to afford to switch to EVs on their own. Electric vehicles remain more expensive than their gas-powered counterparts.\n“Can a driver afford to own any car, is my question,” Nicole Moore, a Los Angeles-based driver and worker organizer with Rideshare Drivers United, told MarketWatch. Moore said many drivers are struggling to earn enough money to pay for basics like rent and food.\n“In the end, the way the state of California—and voters—are allowing these companies to operate, there is no way we can afford electric vehicles,” she said.\nThe clean-miles standard approved by CARB was enacted in response to legislation passed in 2018, and calls for 90% of ride-hailing miles to take place in EVs by 2030. That is actually slightly less ambitious than the goals Uber and Lyft announced last year of 100% of rides in EVs by 2030.\nThe companies are pushing for government subsidies to reach those electrification goals. Uber says ride-hailing emissions make up a tiny fraction of emissions—about 1% of all vehicle miles traveled by light-duty vehicles in the state—but CARB finds that because ride-hailing drivers spend a lot of time in their vehicles without passengers, they produce a disproportionate amount of emissions compared with other fleets.\nUber also says it’s doing its part by committing $800 million toward helping drivers get into EVs. Lyft points to a program that allows its drivers to rent EVs, and is exploring other ways it can help, including providing direct incentives. But both companies are calling for existing government incentive or rebate programs, or for the creation of new programs, to help ride-hailing drivers get into electric vehicles.\n“We take a sober look at financial barriers for drivers,” said Adam Gromis, Uber’s global head of sustainability, during discussion before the vote. Like Lyft, he mentioned the need for credits and incentive programs.\n“We need to ensure that there is minimal negative impact on low-income drivers,” said Paul Augustine, an executive on the sustainability team at Lyft. “We need to work together.”\nIncluded in the new standards are credits for TNCs related to investments toward infrastructure, or for transit rides booked through their apps, although some board members weren’t so supportive of credits for Uber and Lyft at all.\n“Credits aren’t necessary for companies that can spend $200M on a proposition to avoid supporting their drivers,” Diane Takvorian said, referring to how much gig companies, including Uber and Lyft, spent to support the passage of Prop. 22.\nThe board members weren’t the only ones calling for Uber and Lyft to bear the costs of electrifying their ride-hailing fleets. Representatives of environmental groups also spoke up before the vote and urged the same thing.\n“These companies must and absolutely can pay, not drivers,” said Sam Appel of the BlueGreen Alliance. “They are well-capitalized to do so.”","news_type":1},"isVote":1,"tweetType":1,"viewCount":573,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":139375898,"gmtCreate":1621596889214,"gmtModify":1631884221761,"author":{"id":"3584509994449737","authorId":"3584509994449737","name":"Jeremiahsay","avatar":"https://static.tigerbbs.com/728d5f6ebabd134a86ea0e208fea530d","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3584509994449737","authorIdStr":"3584509994449737"},"themes":[],"htmlText":"These growth stocks will get hit the hardest when US10Y reaches 2%. Not saying they aren’t great companies. Just saying perhaps now is not a good time for me to get in. ","listText":"These growth stocks will get hit the hardest when US10Y reaches 2%. Not saying they aren’t great companies. Just saying perhaps now is not a good time for me to get in. ","text":"These growth stocks will get hit the hardest when US10Y reaches 2%. Not saying they aren’t great companies. Just saying perhaps now is not a good time for me to get in.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/139375898","repostId":"2137906351","repostType":4,"repost":{"id":"2137906351","kind":"highlight","pubTimestamp":1621595898,"share":"https://www.laohu8.com/m/news/2137906351?lang=&edition=full","pubTime":"2021-05-21 19:18","market":"us","language":"en","title":"Forget Ethereum: Buy These Game-Changing Growth Stocks Instead","url":"https://stock-news.laohu8.com/highlight/detail?id=2137906351","media":"Motley Fool","summary":"Recent gains in the world's No. 2 cryptocurrency aren't sustainable.","content":"<p>For more than a century, the stock market has been <a href=\"https://laohu8.com/S/AONE\">one</a> of America's top wealth creators. Although there have been short periods of time where other asset classes have outperformed, no investment vehicle has delivered higher average annual returns over the very long run than stocks.</p>\n<p>However, the stock market has been knocked off of its perch over the past decade by the insane returns of cryptocurrencies. While <b>Bitcoin</b> tends to get all the glory, it's the world's second-largest digital currency by market value, <b>Ethereum</b> (CRYPTO:ETH), that's been the markedly better performer of late. Over the trailing year, Ethereum has risen by 1,620%, which is over four times higher than Bitcoin's 384% return.</p>\n<p class=\"t-img-caption\"><img src=\"https://g.foolcdn.com/image/?url=https%3A%2F%2Fg.foolcdn.com%2Feditorial%2Fimages%2F627474%2Fethereum-bitcoin-cryptocurrency-digital-blockchain-getty.jpg&w=700&op=resize\" tg-width=\"700\" tg-height=\"492\"><span>Image source: Getty Images.</span></p>\n<h2>Ethereum has been on fire, but this move isn't sustainable</h2>\n<p>If you're wondering why Ethereum is outperforming, look no further than decentralized finance (DeFi). DeFi is a financially focused blockchain that utilizes smart contracts -- protocols that help to verify, facilitate, and enforce negotiated contracts -- and eliminates other financial intermediaries that can slow or block payments, such as banks. Ethereum's smart contracts are exceptionally popular, and have become the foundation from which DeFi is being developed.</p>\n<p>Ethereum's underlying blockchain has also had plenty of interest from the business community. The Enterprise Ethereum Alliance, which aims to broaden the adoption of Ethereum's smart-contract-driven blockchain technology, has more than 200 members.</p>\n<p>Furthermore, Ethereum has seen its average daily transactions steadily rise over the past year.</p>\n<p>While this is all seemingly encouraging, it's a massive stretch to suggest Ethereum is worth close to $400 billion. To put this into some perspective, <b><a href=\"https://laohu8.com/S/V\">Visa</a></b> handled nearly 453 million daily transactions in 2018, according to the Nilson Report. Ethereum's blockchain has been handling closer to 1.5 million daily, of late. Yet in spite of this milewide disparity, Ethereum's market value trails Visa by only $100 billion.</p>\n<p>What's more, blockchain suffers from a Catch-22. Businesses are unwilling to switch away from traditional networks without proof that blockchain-based technology can hold up in the real world. Unfortunately, without big businesses making this shift, there's no concrete data proving that Ethereum's blockchain is the superior answer to existing infrastructure.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/ccad26103b3c97bbb65d0cad160f21b9\" tg-width=\"700\" tg-height=\"489\"><span>Image source: Getty Images.</span></p>\n<h2>Ditch Ethereum for these innovative growth stocks</h2>\n<p>The fact of the matter is that there are better places to put your money to work right now than Ethereum. If you desire to be on the leading edge of innovation, you certainly don't need the untested crypto space to accomplish it. Instead, consider buying into the following trio of game-changing growth stocks, all of which have the potential to make you rich.</p>\n<h2>Pinterest</h2>\n<p>I don't have one really good reason to buy a stake in social media platform <b>Pinterest</b> (NYSE:PINS) -- I have 478 million very good reasons you should consider it.</p>\n<p>When the quarter ended in March, Pinterest reported net global monthly active user (MAU) growth of 30% to 478 million. Even though its user growth has been positively impacted by people being stuck in their homes during the pandemic, it's important to note that the company was growing its MAUs by an annual average of 30% in the three years leading up to the pandemic. It really hasn't mattered whether people are stuck at home or living life normally.</p>\n<p>Also of note, a majority of the company's new MAUs have originated in international markets (103 million of the 111 million net MAUs gained year over year, through March 2021). Even though average revenue per user (ARPU) is substantially higher in the U.S., Pinterest's skyrocketing user growth outside the country is what'll allow it to double its overseas ARPU multiple times this decade. In other words, international user growth is precisely why Pinterest should be one of the fastest-growing social media stocks this decade.</p>\n<p>Another reason Pinterest is such a no-brainer buy is because its users are willingly providing valuable information about what products, services, and places they like. This makes the platform perfect for targeted advertising and merchants looking to make a sale. Slowly but surely, Pinterest could become a force within e-commerce.</p>\n<p class=\"t-img-caption\"><img src=\"https://g.foolcdn.com/image/?url=https%3A%2F%2Fg.foolcdn.com%2Feditorial%2Fimages%2F627474%2Fesports-mobile-game-smartphone-tournament-getty.jpg&w=700&op=resize\" tg-width=\"700\" tg-height=\"466\"><span>Image source: Getty Images.</span></p>\n<h2>Skillz</h2>\n<p>Another innovative growth stock with the potential to make investors very rich over the long run is esports and gaming company <b>Skillz</b> (NYSE:SKLZ).</p>\n<p>The gaming industry is highly competitive, and there's a good likelihood that new entrants will get squashed by the more established developers. Instead of spending big bucks to develop new games and hope they resonate with gaming community, Skillz chose to develop a platform that allows esports participants and more traditional gamers to compete against each other for cash prizes. Skillz and game developers are then able to keep a percentage of the cash prize.</p>\n<p>The beauty of operating a gaming platform is twofold. First, Skillz isn't tethered to specific developers or gaming genres. In effect, the entire gaming universe could be potential players on its platform. And second, Skillz doesn't have to spend a boatload of money developing games. As a result, its gross margin has consistently been a juicy 95% for two years.</p>\n<p>The NFL can also be a significant catalyst. In February, Skillz and the NFL signed a multiyear agreement that'll see gaming developers create NFL-themed games for future competitions. Football is the unquestioned most popular sport in the U.S., which should give the company ample momentum once NFL-focused games hit the platform in late 2021 or early 2022.</p>\n<p>Wall Street is looking for Skillz to quadruple its sales over the next four years. With 17% of its players being paying customers (that's well above the industry average), this lofty estimate is believable.</p>\n<p class=\"t-img-caption\"><img src=\"https://g.foolcdn.com/image/?url=https%3A%2F%2Fg.foolcdn.com%2Feditorial%2Fimages%2F627474%2Fveterinarian-examining-dog-with-stethoscope-getty.jpg&w=700&op=resize\" tg-width=\"700\" tg-height=\"467\"><span>Image source: Getty Images.</span></p>\n<h2><a href=\"https://laohu8.com/S/TRUP\">Trupanion</a></h2>\n<p>A third game-changing growth stock to buy instead of Ethereum is pet-focused health insurance company <b>Trupanion</b> (NASDAQ:TRUP).</p>\n<p>Americans absolutely love their four-legged family members and are more than willing to spend big bucks to ensure their well-being. According to data from the American Pet Products Association, nearly $110 billion will be spent on pets in the U.S. this year. More importantly, it's been over a quarter of a century since we've witnessed a year-over-year decline in pet expenditures. It may not be the fastest-growing industry, but it's about as steady as they come.</p>\n<p>Trupanion is sitting on a veritable gold mine in the pet space. Only about 1% of U.S. pet owners has purchased insurance on their cat or dog, which is well below what we see in other developed countries. If the U.S. were to match the 25% penetration rate seen in the U.K., it would mark a close to $33 billion addressable market for Trupanion. For some context, the company generated a sliver over $500 million in sales last year.</p>\n<p>Even though the companion animal insurance space is bound to get crowded, Trupanion has spent the past two decades building rapport and partnerships with veterinarians and clinics. These invaluable connections, coupled with its leading software capable of paying clinics at the time of checkout, give it a clear competitive advantage.</p>\n<p>Trupanion is still in the very early innings of its growth, which is great news for investors.</p>","source":"fool_stock","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Forget Ethereum: Buy These Game-Changing Growth Stocks Instead</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\">\nForget Ethereum: Buy These Game-Changing Growth Stocks Instead\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-05-21 19:18 GMT+8 <a href=https://www.fool.com/investing/2021/05/21/forget-ethereum-buy-game-changing-growth-stocks/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>For more than a century, the stock market has been one of America's top wealth creators. Although there have been short periods of time where other asset classes have outperformed, no investment ...</p>\n\n<a href=\"https://www.fool.com/investing/2021/05/21/forget-ethereum-buy-game-changing-growth-stocks/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"TRUP":"Trupanion","SKLZ":"Skillz Inc","PINS":"Pinterest, Inc."},"source_url":"https://www.fool.com/investing/2021/05/21/forget-ethereum-buy-game-changing-growth-stocks/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2137906351","content_text":"For more than a century, the stock market has been one of America's top wealth creators. Although there have been short periods of time where other asset classes have outperformed, no investment vehicle has delivered higher average annual returns over the very long run than stocks.\nHowever, the stock market has been knocked off of its perch over the past decade by the insane returns of cryptocurrencies. While Bitcoin tends to get all the glory, it's the world's second-largest digital currency by market value, Ethereum (CRYPTO:ETH), that's been the markedly better performer of late. Over the trailing year, Ethereum has risen by 1,620%, which is over four times higher than Bitcoin's 384% return.\nImage source: Getty Images.\nEthereum has been on fire, but this move isn't sustainable\nIf you're wondering why Ethereum is outperforming, look no further than decentralized finance (DeFi). DeFi is a financially focused blockchain that utilizes smart contracts -- protocols that help to verify, facilitate, and enforce negotiated contracts -- and eliminates other financial intermediaries that can slow or block payments, such as banks. Ethereum's smart contracts are exceptionally popular, and have become the foundation from which DeFi is being developed.\nEthereum's underlying blockchain has also had plenty of interest from the business community. The Enterprise Ethereum Alliance, which aims to broaden the adoption of Ethereum's smart-contract-driven blockchain technology, has more than 200 members.\nFurthermore, Ethereum has seen its average daily transactions steadily rise over the past year.\nWhile this is all seemingly encouraging, it's a massive stretch to suggest Ethereum is worth close to $400 billion. To put this into some perspective, Visa handled nearly 453 million daily transactions in 2018, according to the Nilson Report. Ethereum's blockchain has been handling closer to 1.5 million daily, of late. Yet in spite of this milewide disparity, Ethereum's market value trails Visa by only $100 billion.\nWhat's more, blockchain suffers from a Catch-22. Businesses are unwilling to switch away from traditional networks without proof that blockchain-based technology can hold up in the real world. Unfortunately, without big businesses making this shift, there's no concrete data proving that Ethereum's blockchain is the superior answer to existing infrastructure.\nImage source: Getty Images.\nDitch Ethereum for these innovative growth stocks\nThe fact of the matter is that there are better places to put your money to work right now than Ethereum. If you desire to be on the leading edge of innovation, you certainly don't need the untested crypto space to accomplish it. Instead, consider buying into the following trio of game-changing growth stocks, all of which have the potential to make you rich.\nPinterest\nI don't have one really good reason to buy a stake in social media platform Pinterest (NYSE:PINS) -- I have 478 million very good reasons you should consider it.\nWhen the quarter ended in March, Pinterest reported net global monthly active user (MAU) growth of 30% to 478 million. Even though its user growth has been positively impacted by people being stuck in their homes during the pandemic, it's important to note that the company was growing its MAUs by an annual average of 30% in the three years leading up to the pandemic. It really hasn't mattered whether people are stuck at home or living life normally.\nAlso of note, a majority of the company's new MAUs have originated in international markets (103 million of the 111 million net MAUs gained year over year, through March 2021). Even though average revenue per user (ARPU) is substantially higher in the U.S., Pinterest's skyrocketing user growth outside the country is what'll allow it to double its overseas ARPU multiple times this decade. In other words, international user growth is precisely why Pinterest should be one of the fastest-growing social media stocks this decade.\nAnother reason Pinterest is such a no-brainer buy is because its users are willingly providing valuable information about what products, services, and places they like. This makes the platform perfect for targeted advertising and merchants looking to make a sale. Slowly but surely, Pinterest could become a force within e-commerce.\nImage source: Getty Images.\nSkillz\nAnother innovative growth stock with the potential to make investors very rich over the long run is esports and gaming company Skillz (NYSE:SKLZ).\nThe gaming industry is highly competitive, and there's a good likelihood that new entrants will get squashed by the more established developers. Instead of spending big bucks to develop new games and hope they resonate with gaming community, Skillz chose to develop a platform that allows esports participants and more traditional gamers to compete against each other for cash prizes. Skillz and game developers are then able to keep a percentage of the cash prize.\nThe beauty of operating a gaming platform is twofold. First, Skillz isn't tethered to specific developers or gaming genres. In effect, the entire gaming universe could be potential players on its platform. And second, Skillz doesn't have to spend a boatload of money developing games. As a result, its gross margin has consistently been a juicy 95% for two years.\nThe NFL can also be a significant catalyst. In February, Skillz and the NFL signed a multiyear agreement that'll see gaming developers create NFL-themed games for future competitions. Football is the unquestioned most popular sport in the U.S., which should give the company ample momentum once NFL-focused games hit the platform in late 2021 or early 2022.\nWall Street is looking for Skillz to quadruple its sales over the next four years. With 17% of its players being paying customers (that's well above the industry average), this lofty estimate is believable.\nImage source: Getty Images.\nTrupanion\nA third game-changing growth stock to buy instead of Ethereum is pet-focused health insurance company Trupanion (NASDAQ:TRUP).\nAmericans absolutely love their four-legged family members and are more than willing to spend big bucks to ensure their well-being. According to data from the American Pet Products Association, nearly $110 billion will be spent on pets in the U.S. this year. More importantly, it's been over a quarter of a century since we've witnessed a year-over-year decline in pet expenditures. It may not be the fastest-growing industry, but it's about as steady as they come.\nTrupanion is sitting on a veritable gold mine in the pet space. Only about 1% of U.S. pet owners has purchased insurance on their cat or dog, which is well below what we see in other developed countries. If the U.S. were to match the 25% penetration rate seen in the U.K., it would mark a close to $33 billion addressable market for Trupanion. For some context, the company generated a sliver over $500 million in sales last year.\nEven though the companion animal insurance space is bound to get crowded, Trupanion has spent the past two decades building rapport and partnerships with veterinarians and clinics. These invaluable connections, coupled with its leading software capable of paying clinics at the time of checkout, give it a clear competitive advantage.\nTrupanion is still in the very early innings of its growth, which is great news for investors.","news_type":1},"isVote":1,"tweetType":1,"viewCount":248,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":139394171,"gmtCreate":1621589953493,"gmtModify":1634187837082,"author":{"id":"3584509994449737","authorId":"3584509994449737","name":"Jeremiahsay","avatar":"https://static.tigerbbs.com/728d5f6ebabd134a86ea0e208fea530d","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3584509994449737","authorIdStr":"3584509994449737"},"themes":[],"htmlText":"“Gold is honest money dislike by dishonest people.” - Gracious Quotes","listText":"“Gold is honest money dislike by dishonest people.” - Gracious Quotes","text":"“Gold is honest money dislike by dishonest people.” - Gracious Quotes","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/139394171","isVote":1,"tweetType":1,"viewCount":527,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"hots":[{"id":131157236,"gmtCreate":1621839208825,"gmtModify":1634186179824,"author":{"id":"3584509994449737","authorId":"3584509994449737","name":"Jeremiahsay","avatar":"https://static.tigerbbs.com/728d5f6ebabd134a86ea0e208fea530d","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3584509994449737","authorIdStr":"3584509994449737"},"themes":[],"htmlText":"Please like and comment on my comment. Hehe thanks.","listText":"Please like and comment on my comment. Hehe thanks.","text":"Please like and comment on my comment. Hehe thanks.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":2,"repostSize":0,"link":"https://laohu8.com/post/131157236","repostId":"2137827351","repostType":4,"repost":{"id":"2137827351","kind":"news","pubTimestamp":1621788339,"share":"https://www.laohu8.com/m/news/2137827351?lang=&edition=full","pubTime":"2021-05-24 00:45","market":"us","language":"en","title":"Inflation data, consumer confidence: What to know this week","url":"https://stock-news.laohu8.com/highlight/detail?id=2137827351","media":"Yahoo Finance","summary":"Investors this week are poised to receive a number of key economic data reports offering the latest ","content":"<p>Investors this week are poised to receive a number of key economic data reports offering the latest look at the state of inflation in the U.S., with investors and consumers alike jittery at the prospects of rising prices during the post-pandemic recovery.</p><p>The U.S. Bureau of Economic Analysis will release its April personal consumption expenditures (PCE) index on Friday. The print is expected to show a rise of 3.5% in April over last year for the biggest increase since 2008, according to Bloomberg consensus data. This would also accelerate after a year-on-year jump of 2.3% in March. On a month-over-month basis, the PCE likely increased by 0.6%, accelerating after a 0.5% increase during the prior month.</p><p>Stripping away volatile food and energy prices, the so-called core PCE is expected to have increased by 2.9% in April over last year, which would be the largest jump in more than two decades.</p><p>Though the core PCE serves as the Federal Reserve's preferred inflation gauge, the expected surge in this week's inflation reports are unlikely to provoke immediate concern for the central bank. Federal Reserve Chair Jerome Powell has said repeatedly he believes inflationary pressures this year will be \"transitory,\" largely reflecting base effects as this year's data lap last year's pandemic-depressed levels. And for years previously, inflation ran well below the central bank's targeted levels.</p><p>In the words of the central bank's latest monetary policy statement, Federal Open Market Committee members wrote, \"With inflation running persistently below this longer-run goal, the Committee will aim to achieve inflation moderately above 2% for some time so that inflation averages 2% over time and longer‑term inflation expectations remain well anchored at 2%.\" In other words, the Fed has suggested monetary policy would remain as is — with interest rates near zero and the Fed's asset purchases taking place at a rate of $120 billion per month — as the economic recovery out of the pandemic progresses.</p><p>Still, the market has suggested it might need more convincing before agreeing that the jump in inflation will not be long-lasting or prompt a change in the Fed's current ultra-accommodative monetary policy positioning. Longer-duration assets like growth and technology stocks have especially come under pressure in recent months amid inflationary concerns, given prospects that higher rates might undercut future earnings potential. The information technology sector has sharply underperformed the broader S&P 500 so far this year, reversing course after outperforming strongly in 2020.</p><p><img src=\"https://s.yimg.com/os/creatr-uploaded-images/2021-05/0dd5d170-bb4b-11eb-aaed-1d008e6a3a00\" tg-width=\"4660\" tg-height=\"3062\" referrerpolicy=\"no-referrer\">SAN FRANCISCO, CALIFORNIA - APRIL 15: A pedestrian carries a shopping bag as he walks through the Union Square shopping district on April 15, 2021 in San Francisco, California. According to a report by the U.S. Commerce Department, retail sales surged 9.8 percent in March as Americans started to spend $1,400 government stimulus checks. (Photo by Justin Sullivan/Getty Images)Justin Sullivan via Getty Images</p><p>\"Markets have basically made inflation the battleground issue for determining whether or not it's really this rotation trade that'll win out the rest of this year, or whether it's the tech and growth stocks that won out last year,\" James Liu, Clearnomics founder and CEO, told Yahoo Finance last week. \"You've seen this bounce back and forth throughout the course of this year.\"</p><p>Heading into this week's PCE report, a number of other inflation prints have also exceeded expectations, pointing to an increase in both consumer and producer prices. Government data showed that headline consumer prices surged by a faster than expected 4.2% last month. Excluding food and energy, prices jumped 0.9% in April and were up 3.0% over the year. And producer prices also came in higher than expected, with core producer prices rising 4.1% in April over last year versus the 3.8% increase expected. These stronger-than-expected increases could portend some upside risk to this week's PCE print, some economists suggested.</p><p>\"The April CPI data were stronger than our expectation, suggesting a more front-loaded impact from transitory factors, pressure from semiconductor shortages and the resurgence of demand for sectors affected by the pandemic,\" Nomura Chief Economist Lewis Alexander wrote in a note Friday. \"Given that the core PCE price index is a chain-weighted index, an expected rise in spending for COVID-sensitive services could amplify the magnitude of corresponding prices.\"</p><h3>Consumer confidence</h3><p>Updated readings on sentiment among consumers are also due for release this week.</p><p>On Main Street, consumers have also observed rising prices. Inflation concerns have weighed on sentiment even as COVID-19 cases drop and more businesses reopen following widespread vaccinations.</p><p>\"Consumers have taken notice of rising inflation, as evidenced by Google Trends and the University of Michigan survey,\" Bank of America economist Michelle Meyer wrote in a note, referring to the University of Michigan's Surveys of Consumers. \"The expectation is increasingly for higher inflation, even if dominated by transitory stories, and we believe there is risk for further upside in the near term. But, over the medium term, we expect expectations to cool alongside the core inflation trajectory, albeit to a higher trend.\"</p><p>In the University of Michigan's preliminary May consumer sentiment survey, the headline index tumbled to 82.8 from 88.3 in April, \"due to higher inflation—the highest expected year-ahead inflation rate as well as the highest long term inflation rate in the past decade,\" Richard Curtin, chief economist for the University of Michigan's Surveys of Consumers, wrote in a note at the time. However, he added that \"consumer spending will still advance despite higher prices due to pent-up demand and record saving balances.\"</p><p>The University of Michigan's final May sentiment print due for release on Friday is expected to firm slightly to 83.0.</p><p>Other sentiment surveys will likely show similar dips for May, due in part to rising price pressures. The Conference Board's closely watched Consumer Confidence Index will be released on Tuesday, and is expected to dip to 118.9 in May from 121.7 in April. That had, in turn, been the highest reading since February 2020, or before COVID-19 cases began to surge in the U.S. last year.</p><h3>Earnings calendar</h3><ul><li><p><b>Monday: </b><a href=\"https://laohu8.com/S/RIDE\">Lordstown Motors Corp.</a> (RIDE) after market close</p></li><li><p><b>Tuesday: </b>AutoZone (AZO) before market open; Intuit (INTU), Nordstrom (JWN), Zscaler (ZS), Agilent Technologies (A) after market close</p></li><li><p><b>Wednesday: </b>Dick's Sporting Goods (DKS), Abercrombie & Fitch (ANF) before market open; American Eagle Outfitters (AEO), Nvidia (NVDA), Okta (OKTA), <a href=\"https://laohu8.com/S/SNOW\">Snowflake</a> (SNOW), <a href=\"https://laohu8.com/S/WDAY\">Workday</a> (WDAY), Williams-Sonoma (WSM) after market close</p></li><li><p><b>Thursday: </b>Best Buy (BBY), Dollar General (DG) before market open; Costco (COST), The Gap (GPS), VMWare (VMW), Box (BOX), Autodesk (ADSK), HP Inc (HPQ), <a href=\"https://laohu8.com/S/CRM\">Salesforce</a>.com Inc. (CRM), Dell (DELL), Ulta Beauty (ULTA) after market close</p></li><li><p><b>Friday: </b>N/A</p><p style=\"text-align:left;\"><img src=\"https://static.tigerbbs.com/ea494c0a9625f3a17a1306a1f1525dab\" tg-width=\"1472\" tg-height=\"594\" referrerpolicy=\"no-referrer\"></p></li></ul><h3>Economic calendar</h3><ul><li><p><b>Monday: </b>Chicago Fed National Activity Index, April (1.1 expected, 1.7 in March)</p></li><li><p><b>Tuesday: </b>FHFA House Price Index, month-over-month, March (1.3% expected, 0.9% in February); S&P <a href=\"https://laohu8.com/S/CLGX\">CoreLogic</a> Case-Shiller 20-City Composite Index, month-over-month, March (1.33% expected, 1.17% in February); S&P CoreLogic Case-Shiller 20-City Composite Index, year-over-year, March (12.55% expected, 11.94% in February); New home sales, April (950,000 expected, 1.021 million in March); Conference Board Consumer Confidence, May (118.9 expected, 121.7 in April); Richmond Fed. Manufacturing Index, May (18 expected, 17 in April)</p></li><li><p><b>Wednesday: </b>MBA Mortgage Applications, week ended May 21 (1.2% during prior week)</p></li><li><p><b>Thursday: </b>Durable goods orders, April preliminary (0.8% expected, 0.8% in March); Durable goods orders excluding transportation, April preliminary (0.7% expected, 1.9% in March); Non-defense capital goods orders excluding aircraft, April preliminary (1.0% expected, 1.2% in March); GDP annualized quarter-over-quarter, Q1 second print (6.5% expected, 6.4% in first print); Personal consumption, Q1 second print (10.9% expected, 10.7% in first print); Core personal consumptions expenditures, quarter-over-quarter, Q1 second print (2.3% expected, 2.3% in prior print); Initial jobless claims, week ended May 22 (425,000 expected, 444,000 during prior week); Continuing claims, week ended May 15 (3.751 million during prior week); Pending home sales, month-over-month, April (0.5% expected, 1.9% in March); Kansas City Fed Manufacturing Activity Index, May (29 expected, 31 in April)</p></li><li><p><b>Friday: </b>Wholesale inventories, month-over-month, April preliminary (1.1% expected, 1.3% in March); Personal income, April (-14.8% expected, 21.5% in March); Personal spending, April (0.5% expected, 4.2% in March); PCE Deflator, year-over-year, April (3.5% expected, 2.3% in March); PCE Deflator, month-over-month, April (0.6% expected, 0.5% in March); MNI Chicago PMI, May (69.0 expected, 72.1 in April); University of Michigan Sentiment, May final (83.0 expected, 82.8 in prior print)</p></li></ul>","source":"yahoofinance","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Inflation data, consumer confidence: What to know this week</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; 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}\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nInflation data, consumer confidence: What to know this week\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-05-24 00:45 GMT+8 <a href=https://finance.yahoo.com/news/inflation-data-consumer-confidence-what-to-know-this-week-164539544.html><strong>Yahoo Finance</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Investors this week are poised to receive a number of key economic data reports offering the latest look at the state of inflation in the U.S., with investors and consumers alike jittery at the ...</p>\n\n<a href=\"https://finance.yahoo.com/news/inflation-data-consumer-confidence-what-to-know-this-week-164539544.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"https://finance.yahoo.com/news/inflation-data-consumer-confidence-what-to-know-this-week-164539544.html","is_english":true,"share_image_url":"https://static.laohu8.com/5f26f4a48f9cb3e29be4d71d3ba8c038","article_id":"2137827351","content_text":"Investors this week are poised to receive a number of key economic data reports offering the latest look at the state of inflation in the U.S., with investors and consumers alike jittery at the prospects of rising prices during the post-pandemic recovery.The U.S. Bureau of Economic Analysis will release its April personal consumption expenditures (PCE) index on Friday. The print is expected to show a rise of 3.5% in April over last year for the biggest increase since 2008, according to Bloomberg consensus data. This would also accelerate after a year-on-year jump of 2.3% in March. On a month-over-month basis, the PCE likely increased by 0.6%, accelerating after a 0.5% increase during the prior month.Stripping away volatile food and energy prices, the so-called core PCE is expected to have increased by 2.9% in April over last year, which would be the largest jump in more than two decades.Though the core PCE serves as the Federal Reserve's preferred inflation gauge, the expected surge in this week's inflation reports are unlikely to provoke immediate concern for the central bank. Federal Reserve Chair Jerome Powell has said repeatedly he believes inflationary pressures this year will be \"transitory,\" largely reflecting base effects as this year's data lap last year's pandemic-depressed levels. And for years previously, inflation ran well below the central bank's targeted levels.In the words of the central bank's latest monetary policy statement, Federal Open Market Committee members wrote, \"With inflation running persistently below this longer-run goal, the Committee will aim to achieve inflation moderately above 2% for some time so that inflation averages 2% over time and longer‑term inflation expectations remain well anchored at 2%.\" In other words, the Fed has suggested monetary policy would remain as is — with interest rates near zero and the Fed's asset purchases taking place at a rate of $120 billion per month — as the economic recovery out of the pandemic progresses.Still, the market has suggested it might need more convincing before agreeing that the jump in inflation will not be long-lasting or prompt a change in the Fed's current ultra-accommodative monetary policy positioning. Longer-duration assets like growth and technology stocks have especially come under pressure in recent months amid inflationary concerns, given prospects that higher rates might undercut future earnings potential. The information technology sector has sharply underperformed the broader S&P 500 so far this year, reversing course after outperforming strongly in 2020.SAN FRANCISCO, CALIFORNIA - APRIL 15: A pedestrian carries a shopping bag as he walks through the Union Square shopping district on April 15, 2021 in San Francisco, California. According to a report by the U.S. Commerce Department, retail sales surged 9.8 percent in March as Americans started to spend $1,400 government stimulus checks. (Photo by Justin Sullivan/Getty Images)Justin Sullivan via Getty Images\"Markets have basically made inflation the battleground issue for determining whether or not it's really this rotation trade that'll win out the rest of this year, or whether it's the tech and growth stocks that won out last year,\" James Liu, Clearnomics founder and CEO, told Yahoo Finance last week. \"You've seen this bounce back and forth throughout the course of this year.\"Heading into this week's PCE report, a number of other inflation prints have also exceeded expectations, pointing to an increase in both consumer and producer prices. Government data showed that headline consumer prices surged by a faster than expected 4.2% last month. Excluding food and energy, prices jumped 0.9% in April and were up 3.0% over the year. And producer prices also came in higher than expected, with core producer prices rising 4.1% in April over last year versus the 3.8% increase expected. These stronger-than-expected increases could portend some upside risk to this week's PCE print, some economists suggested.\"The April CPI data were stronger than our expectation, suggesting a more front-loaded impact from transitory factors, pressure from semiconductor shortages and the resurgence of demand for sectors affected by the pandemic,\" Nomura Chief Economist Lewis Alexander wrote in a note Friday. \"Given that the core PCE price index is a chain-weighted index, an expected rise in spending for COVID-sensitive services could amplify the magnitude of corresponding prices.\"Consumer confidenceUpdated readings on sentiment among consumers are also due for release this week.On Main Street, consumers have also observed rising prices. Inflation concerns have weighed on sentiment even as COVID-19 cases drop and more businesses reopen following widespread vaccinations.\"Consumers have taken notice of rising inflation, as evidenced by Google Trends and the University of Michigan survey,\" Bank of America economist Michelle Meyer wrote in a note, referring to the University of Michigan's Surveys of Consumers. \"The expectation is increasingly for higher inflation, even if dominated by transitory stories, and we believe there is risk for further upside in the near term. But, over the medium term, we expect expectations to cool alongside the core inflation trajectory, albeit to a higher trend.\"In the University of Michigan's preliminary May consumer sentiment survey, the headline index tumbled to 82.8 from 88.3 in April, \"due to higher inflation—the highest expected year-ahead inflation rate as well as the highest long term inflation rate in the past decade,\" Richard Curtin, chief economist for the University of Michigan's Surveys of Consumers, wrote in a note at the time. However, he added that \"consumer spending will still advance despite higher prices due to pent-up demand and record saving balances.\"The University of Michigan's final May sentiment print due for release on Friday is expected to firm slightly to 83.0.Other sentiment surveys will likely show similar dips for May, due in part to rising price pressures. The Conference Board's closely watched Consumer Confidence Index will be released on Tuesday, and is expected to dip to 118.9 in May from 121.7 in April. That had, in turn, been the highest reading since February 2020, or before COVID-19 cases began to surge in the U.S. last year.Earnings calendarMonday: Lordstown Motors Corp. (RIDE) after market closeTuesday: AutoZone (AZO) before market open; Intuit (INTU), Nordstrom (JWN), Zscaler (ZS), Agilent Technologies (A) after market closeWednesday: Dick's Sporting Goods (DKS), Abercrombie & Fitch (ANF) before market open; American Eagle Outfitters (AEO), Nvidia (NVDA), Okta (OKTA), Snowflake (SNOW), Workday (WDAY), Williams-Sonoma (WSM) after market closeThursday: Best Buy (BBY), Dollar General (DG) before market open; Costco (COST), The Gap (GPS), VMWare (VMW), Box (BOX), Autodesk (ADSK), HP Inc (HPQ), Salesforce.com Inc. (CRM), Dell (DELL), Ulta Beauty (ULTA) after market closeFriday: N/AEconomic calendarMonday: Chicago Fed National Activity Index, April (1.1 expected, 1.7 in March)Tuesday: FHFA House Price Index, month-over-month, March (1.3% expected, 0.9% in February); S&P CoreLogic Case-Shiller 20-City Composite Index, month-over-month, March (1.33% expected, 1.17% in February); S&P CoreLogic Case-Shiller 20-City Composite Index, year-over-year, March (12.55% expected, 11.94% in February); New home sales, April (950,000 expected, 1.021 million in March); Conference Board Consumer Confidence, May (118.9 expected, 121.7 in April); Richmond Fed. Manufacturing Index, May (18 expected, 17 in April)Wednesday: MBA Mortgage Applications, week ended May 21 (1.2% during prior week)Thursday: Durable goods orders, April preliminary (0.8% expected, 0.8% in March); Durable goods orders excluding transportation, April preliminary (0.7% expected, 1.9% in March); Non-defense capital goods orders excluding aircraft, April preliminary (1.0% expected, 1.2% in March); GDP annualized quarter-over-quarter, Q1 second print (6.5% expected, 6.4% in first print); Personal consumption, Q1 second print (10.9% expected, 10.7% in first print); Core personal consumptions expenditures, quarter-over-quarter, Q1 second print (2.3% expected, 2.3% in prior print); Initial jobless claims, week ended May 22 (425,000 expected, 444,000 during prior week); Continuing claims, week ended May 15 (3.751 million during prior week); Pending home sales, month-over-month, April (0.5% expected, 1.9% in March); Kansas City Fed Manufacturing Activity Index, May (29 expected, 31 in April)Friday: Wholesale inventories, month-over-month, April preliminary (1.1% expected, 1.3% in March); Personal income, April (-14.8% expected, 21.5% in March); Personal spending, April (0.5% expected, 4.2% in March); PCE Deflator, year-over-year, April (3.5% expected, 2.3% in March); PCE Deflator, month-over-month, April (0.6% expected, 0.5% in March); MNI Chicago PMI, May (69.0 expected, 72.1 in April); University of Michigan Sentiment, May final (83.0 expected, 82.8 in prior print)","news_type":1},"isVote":1,"tweetType":1,"viewCount":472,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":131352436,"gmtCreate":1621830332925,"gmtModify":1634186254852,"author":{"id":"3584509994449737","authorId":"3584509994449737","name":"Jeremiahsay","avatar":"https://static.tigerbbs.com/728d5f6ebabd134a86ea0e208fea530d","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3584509994449737","authorIdStr":"3584509994449737"},"themes":[],"htmlText":"Bought the dip on ETH. #HODL","listText":"Bought the dip on ETH. #HODL","text":"Bought the dip on ETH. #HODL","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":2,"repostSize":0,"link":"https://laohu8.com/post/131352436","repostId":"1191258854","repostType":4,"repost":{"id":"1191258854","kind":"news","pubTimestamp":1621818302,"share":"https://www.laohu8.com/m/news/1191258854?lang=&edition=full","pubTime":"2021-05-24 09:05","market":"us","language":"en","title":"Crypto Is Crashing: Is Now the Time to Invest?","url":"https://stock-news.laohu8.com/highlight/detail?id=1191258854","media":"Motley Fool","summary":"Should you buy when prices are lower?Cryptocurrency has always been volatile, but it's experienced q","content":"<blockquote><b>Should you buy when prices are lower?</b></blockquote><p>Cryptocurrency has always been volatile, but it's experienced quite the wild ride over the past few months. After shattering records and reaching staggeringly high prices, cryptocurrencies have taken a sharp turn for the worse.</p><p><b>Bitcoin</b>(CRYPTO:BTC), which reached a high of around $65,000 per token last month, has fallen by more than 30% over the past 10 days, as of this writing. Other popular cryptocurrencies<b>Ethereum</b>(CRYPTO:ETH)and<b>Dogecoin</b>(CRYPTO:DOGE)are also down around 30% over the same time period.</p><p>Sometimes, market crashes are beneficial to investors because they're an opportunity to buy stocks at bargain prices. If you've been eager to invest in cryptocurrencies but are hesitant about the sky-high prices, a crypto crash could make them more affordable. But does that mean you should invest?</p><p><img src=\"https://static.tigerbbs.com/7a431fb4ba85bf22785c79c9d5e854fb\" tg-width=\"700\" tg-height=\"466\" referrerpolicy=\"no-referrer\"></p><p>IMAGE SOURCE: GETTY IMAGES.</p><p><b>Consider your tolerance for risk</b></p><p>The latest crypto crash is further proof of this sector's volatility. Considering cryptocurrency's history, a 30% drop is fairly mild. Bitcoin, for example, has fallen by more 80% on three separate occasions since 2012, according to data from Visual Capitalist.</p><p>This year alone, Bitcoin has already experienced several steep drops. So this recent crash is par for the course -- and there will likely be many more crashes like this in the future.</p><p><img src=\"https://static.tigerbbs.com/d201474a0a8330fe9548db7675270757\" tg-width=\"720\" tg-height=\"410\" referrerpolicy=\"no-referrer\">Before you invest in cryptocurrency, think about whether you can tolerate this level of risk. Although Bitcoin has always managed to bounce back from its slumps, there's no guarantee it will always recover.</p><p>If you know you're going to lose sleep when your investments plummet overnight, crypto may not be the best investment for you. But if you have the stomach for this type of turbulence, you may have the right personality for investing in crypto.</p><p><b>Choose your crypto carefully</b></p><p>If you decide to invest in cryptocurrency, buying when prices are lower may be a wise move. Especially if you're investing in a higher-priced currency like Bitcoin, you can get more for your money when buying during a downturn.</p><p>Just be sure you've done your research before you invest. The fact that a cryptocurrency is more affordable doesn't necessarily mean it's a smart investment, so consider all your options before you buy. The goal is to buy investments you can hold for the long term, so make sure you're choosing the right cryptocurrency for you.</p><p><img src=\"https://static.tigerbbs.com/bdae0dc3c25e26d6b12738f5eeb9a416\" tg-width=\"700\" tg-height=\"466\" referrerpolicy=\"no-referrer\"></p><p>IMAGE SOURCE: GETTY IMAGES.</p><p>Bitcoin is the biggest name in the crypto space, and it's also the oldest cryptocurrency. This gives it a leg up on the competition. However, it's an energy-intensive cryptocurrency, which poses environmental concerns. In fact,<b>Tesla</b>CEO Elon Musk recently announced that the company wouldno longer accept Bitcoinas a form of payment because of its environmental impact.</p><p>Ether is the second-most popular cryptocurrency, and it uses the popular blockchain Ethereum -- which is also the blockchain behind non-fungible tokens (NFTs) anddecentralized finance. Because the Ethereum blockchain has a variety of uses, that gives it an advantage. In addition, developers are currently working on Ethereum 2.0, which will be more energy-efficient and environmentally friendly.</p><p>Dogecoin is one of theriskiest cryptocurrencies, and buying this particular token is more similar to gambling than true investing. If you do choose to go this route, be sure you make this decision carefully.</p><p>Regardless of which option you choose, only invest money you can afford to lose. Crypto is still a high-risk investment, even if it is more affordable right now. While cryptocurrency isn't right for everyone, if you've decided to invest, you can save some money by investing when prices are lower.</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>Crypto Is Crashing: Is Now the Time to Invest?</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\">\nCrypto Is Crashing: Is Now the Time to Invest?\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-05-24 09:05 GMT+8 <a href=https://www.fool.com/investing/2021/05/23/crypto-is-crashing-is-now-the-time-to-invest/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Should you buy when prices are lower?Cryptocurrency has always been volatile, but it's experienced quite the wild ride over the past few months. After shattering records and reaching staggeringly high...</p>\n\n<a href=\"https://www.fool.com/investing/2021/05/23/crypto-is-crashing-is-now-the-time-to-invest/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"GBTC":"Grayscale Bitcoin Trust"},"source_url":"https://www.fool.com/investing/2021/05/23/crypto-is-crashing-is-now-the-time-to-invest/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1191258854","content_text":"Should you buy when prices are lower?Cryptocurrency has always been volatile, but it's experienced quite the wild ride over the past few months. After shattering records and reaching staggeringly high prices, cryptocurrencies have taken a sharp turn for the worse.Bitcoin(CRYPTO:BTC), which reached a high of around $65,000 per token last month, has fallen by more than 30% over the past 10 days, as of this writing. Other popular cryptocurrenciesEthereum(CRYPTO:ETH)andDogecoin(CRYPTO:DOGE)are also down around 30% over the same time period.Sometimes, market crashes are beneficial to investors because they're an opportunity to buy stocks at bargain prices. If you've been eager to invest in cryptocurrencies but are hesitant about the sky-high prices, a crypto crash could make them more affordable. But does that mean you should invest?IMAGE SOURCE: GETTY IMAGES.Consider your tolerance for riskThe latest crypto crash is further proof of this sector's volatility. Considering cryptocurrency's history, a 30% drop is fairly mild. Bitcoin, for example, has fallen by more 80% on three separate occasions since 2012, according to data from Visual Capitalist.This year alone, Bitcoin has already experienced several steep drops. So this recent crash is par for the course -- and there will likely be many more crashes like this in the future.Before you invest in cryptocurrency, think about whether you can tolerate this level of risk. Although Bitcoin has always managed to bounce back from its slumps, there's no guarantee it will always recover.If you know you're going to lose sleep when your investments plummet overnight, crypto may not be the best investment for you. But if you have the stomach for this type of turbulence, you may have the right personality for investing in crypto.Choose your crypto carefullyIf you decide to invest in cryptocurrency, buying when prices are lower may be a wise move. Especially if you're investing in a higher-priced currency like Bitcoin, you can get more for your money when buying during a downturn.Just be sure you've done your research before you invest. The fact that a cryptocurrency is more affordable doesn't necessarily mean it's a smart investment, so consider all your options before you buy. The goal is to buy investments you can hold for the long term, so make sure you're choosing the right cryptocurrency for you.IMAGE SOURCE: GETTY IMAGES.Bitcoin is the biggest name in the crypto space, and it's also the oldest cryptocurrency. This gives it a leg up on the competition. However, it's an energy-intensive cryptocurrency, which poses environmental concerns. In fact,TeslaCEO Elon Musk recently announced that the company wouldno longer accept Bitcoinas a form of payment because of its environmental impact.Ether is the second-most popular cryptocurrency, and it uses the popular blockchain Ethereum -- which is also the blockchain behind non-fungible tokens (NFTs) anddecentralized finance. Because the Ethereum blockchain has a variety of uses, that gives it an advantage. In addition, developers are currently working on Ethereum 2.0, which will be more energy-efficient and environmentally friendly.Dogecoin is one of theriskiest cryptocurrencies, and buying this particular token is more similar to gambling than true investing. If you do choose to go this route, be sure you make this decision carefully.Regardless of which option you choose, only invest money you can afford to lose. Crypto is still a high-risk investment, even if it is more affordable right now. While cryptocurrency isn't right for everyone, if you've decided to invest, you can save some money by investing when prices are lower.","news_type":1},"isVote":1,"tweetType":1,"viewCount":338,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":131034682,"gmtCreate":1621815982646,"gmtModify":1634186451166,"author":{"id":"3584509994449737","authorId":"3584509994449737","name":"Jeremiahsay","avatar":"https://static.tigerbbs.com/728d5f6ebabd134a86ea0e208fea530d","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3584509994449737","authorIdStr":"3584509994449737"},"themes":[],"htmlText":"Please help to comment and like","listText":"Please help to comment and like","text":"Please help to comment and like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/131034682","repostId":"1118150139","repostType":4,"repost":{"id":"1118150139","kind":"news","pubTimestamp":1621814809,"share":"https://www.laohu8.com/m/news/1118150139?lang=&edition=full","pubTime":"2021-05-24 08:06","market":"us","language":"en","title":"China braces for US$1.3t maturity wall as defaults surge","url":"https://stock-news.laohu8.com/highlight/detail?id=1118150139","media":"Bloomberg","summary":"[SHANGHAI] Even by the standards of a record-breaking global credit binge, China's corporate bond ta","content":"<p>[SHANGHAI] Even by the standards of a record-breaking global credit binge, China's corporate bond tab stands out: US$1.3 trillion of domestic debt payable in the next 12 months.</p>\n<p>That's 30 per cent more than what US companies owe, 63 per cent more than in all of Europe and enough money to buy Tesla twice over. What's more, it's all coming due at a time when Chinese borrowers are defaulting on onshore debt at an unprecedented pace.</p>\n<p>The combination has investors bracing for another turbulent stretch for the world's second-largest credit market.</p>\n<p>It's also underscoring the challenge for Chinese authorities as they work toward two conflicting goals: reducing moral hazard by allowing more defaults, and turning the domestic bond market into a more reliable source of long-term funding.</p>\n<p>While average corporate bond maturities have increased in the US, Europe and Japan in recent years, they're getting shorter in China as defaults prompt investors to reduce risk.</p>\n<p>Domestic Chinese bonds issued in the first quarter had an average tenor of 3.02 years, down from 3.22 years for all of last year and on course for the shortest annual average since Fitch Ratings began compiling the data in 2016.</p>\n<p>\"As credit risk increases, everyone wants to limit their exposure by investing in shorter maturities only,\" said Iris Pang, chief economist for Greater China at ING Bank NV. \"Issuers also want to sell shorter-dated bonds because as defaults rise, longer-dated bonds have even higher borrowing costs.\"</p>\n<p>The move toward shorter maturities has coincided with a Chinese government campaign to instill more discipline in local credit markets, which have long been underpinned by implicit state guarantees.</p>\n<p>Investors are increasingly rethinking the widely held assumption that authorities will backstop big borrowers amid a string of missed payments by state-owned companies and a selloff in bonds issued by China Huarong Asset Management.</p>\n<p>The country's onshore defaults have swelled from negligible levels in 2016 to exceed 100 billion yuan (S$20.6 billion) for four straight years. That milestone was reached again last month, putting defaults on track for another record annual high.</p>\n<p>The resulting preference for shorter-dated bonds has exacerbated one of China's structural challenges: a dearth of long-term institutional money.</p>\n<p>Even before authorities began allowing more defaults, short-term investments including banks' wealth management products played an outsized role.</p>\n<p>Social security funds and insurance firms are the main providers of long-term funding in China, but their presence in the bond market is limited, said Wu Zhaoyin, chief strategist at AVIC Trust, a financial firm.</p>\n<p>\"It's difficult to sell long-dated bonds in China because there is a lack of long-term capital,\" Mr Wu said.</p>\n<p>Chinese authorities have been taking steps to attract long-term investors, including foreign pension funds and university endowments.</p>\n<p>The government has in recent years scrapped some investment quotas and dismantled foreign ownership limits for life insurers, brokerages and fund managers.</p>\n<p>But even if those efforts gain traction, it's not clear Chinese companies will embrace longer maturities.</p>\n<p>Many prefer selling short-dated bonds because they lack long-term capital management plans, according to Shen Meng, director at Chanson & Co, a Beijing-based boutique investment bank.</p>\n<p>That applies even for state-owned enterprises, whose senior managers typically get reshuffled by the government every three to five years, Mr Shen said.</p>\n<p>The upshot is that China's domestic credit market faces a near constant cycle of refinancing and repayment risk, which threatens to exacerbate volatility as defaults rise.</p>\n<p>A similar dynamic is also playing out in the offshore market, where maturities total US$167 billion over the next 12 months.</p>\n<p>For ING's Pang, the cycle is unlikely to change anytime soon. \"It may last for another decade in China,\" she said.</p>\n<p></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>China braces for US$1.3t maturity wall as defaults surge</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\">\nChina braces for US$1.3t maturity wall as defaults surge\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-05-24 08:06 GMT+8 <a href=https://www.businesstimes.com.sg/government-economy/china-braces-for-us13t-maturity-wall-as-defaults-surge><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>[SHANGHAI] Even by the standards of a record-breaking global credit binge, China's corporate bond tab stands out: US$1.3 trillion of domestic debt payable in the next 12 months.\nThat's 30 per cent ...</p>\n\n<a href=\"https://www.businesstimes.com.sg/government-economy/china-braces-for-us13t-maturity-wall-as-defaults-surge\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"399001":"深证成指","399006":"创业板指","000001.SH":"上证指数"},"source_url":"https://www.businesstimes.com.sg/government-economy/china-braces-for-us13t-maturity-wall-as-defaults-surge","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1118150139","content_text":"[SHANGHAI] Even by the standards of a record-breaking global credit binge, China's corporate bond tab stands out: US$1.3 trillion of domestic debt payable in the next 12 months.\nThat's 30 per cent more than what US companies owe, 63 per cent more than in all of Europe and enough money to buy Tesla twice over. What's more, it's all coming due at a time when Chinese borrowers are defaulting on onshore debt at an unprecedented pace.\nThe combination has investors bracing for another turbulent stretch for the world's second-largest credit market.\nIt's also underscoring the challenge for Chinese authorities as they work toward two conflicting goals: reducing moral hazard by allowing more defaults, and turning the domestic bond market into a more reliable source of long-term funding.\nWhile average corporate bond maturities have increased in the US, Europe and Japan in recent years, they're getting shorter in China as defaults prompt investors to reduce risk.\nDomestic Chinese bonds issued in the first quarter had an average tenor of 3.02 years, down from 3.22 years for all of last year and on course for the shortest annual average since Fitch Ratings began compiling the data in 2016.\n\"As credit risk increases, everyone wants to limit their exposure by investing in shorter maturities only,\" said Iris Pang, chief economist for Greater China at ING Bank NV. \"Issuers also want to sell shorter-dated bonds because as defaults rise, longer-dated bonds have even higher borrowing costs.\"\nThe move toward shorter maturities has coincided with a Chinese government campaign to instill more discipline in local credit markets, which have long been underpinned by implicit state guarantees.\nInvestors are increasingly rethinking the widely held assumption that authorities will backstop big borrowers amid a string of missed payments by state-owned companies and a selloff in bonds issued by China Huarong Asset Management.\nThe country's onshore defaults have swelled from negligible levels in 2016 to exceed 100 billion yuan (S$20.6 billion) for four straight years. That milestone was reached again last month, putting defaults on track for another record annual high.\nThe resulting preference for shorter-dated bonds has exacerbated one of China's structural challenges: a dearth of long-term institutional money.\nEven before authorities began allowing more defaults, short-term investments including banks' wealth management products played an outsized role.\nSocial security funds and insurance firms are the main providers of long-term funding in China, but their presence in the bond market is limited, said Wu Zhaoyin, chief strategist at AVIC Trust, a financial firm.\n\"It's difficult to sell long-dated bonds in China because there is a lack of long-term capital,\" Mr Wu said.\nChinese authorities have been taking steps to attract long-term investors, including foreign pension funds and university endowments.\nThe government has in recent years scrapped some investment quotas and dismantled foreign ownership limits for life insurers, brokerages and fund managers.\nBut even if those efforts gain traction, it's not clear Chinese companies will embrace longer maturities.\nMany prefer selling short-dated bonds because they lack long-term capital management plans, according to Shen Meng, director at Chanson & Co, a Beijing-based boutique investment bank.\nThat applies even for state-owned enterprises, whose senior managers typically get reshuffled by the government every three to five years, Mr Shen said.\nThe upshot is that China's domestic credit market faces a near constant cycle of refinancing and repayment risk, which threatens to exacerbate volatility as defaults rise.\nA similar dynamic is also playing out in the offshore market, where maturities total US$167 billion over the next 12 months.\nFor ING's Pang, the cycle is unlikely to change anytime soon. \"It may last for another decade in China,\" she said.","news_type":1},"isVote":1,"tweetType":1,"viewCount":446,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":131035233,"gmtCreate":1621815941422,"gmtModify":1634186451988,"author":{"id":"3584509994449737","authorId":"3584509994449737","name":"Jeremiahsay","avatar":"https://static.tigerbbs.com/728d5f6ebabd134a86ea0e208fea530d","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3584509994449737","authorIdStr":"3584509994449737"},"themes":[],"htmlText":" Commented","listText":" Commented","text":"Commented","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":2,"repostSize":0,"link":"https://laohu8.com/post/131035233","repostId":"1196215338","repostType":4,"repost":{"id":"1196215338","kind":"news","pubTimestamp":1621815461,"share":"https://www.laohu8.com/m/news/1196215338?lang=&edition=full","pubTime":"2021-05-24 08:17","market":"us","language":"en","title":"Morgan Stanley: Here Are The 4 \"Worries\" That Will Dominate The Next 6-12 Months","url":"https://stock-news.laohu8.com/highlight/detail?id=1196215338","media":"zerohedge","summary":"By Andrew Sheets, Chief Cross-Asset Strategist for Morgan Stanley\nAll Gas, No Brakes\nThe weather in ","content":"<p><i>By Andrew Sheets, Chief Cross-Asset Strategist for Morgan Stanley</i></p>\n<p><b>All Gas, No Brakes</b></p>\n<p>The weather in London this week has been rainy <i>while</i> sunny, which feels like a fair description of current sentiment, as we’ve been discussing our mid-year outlook with investors this week. There’s a <i>wide</i> range of views out there at the moment, with the noisiness of the data giving everyone something to hang their hat on. In short, it’s the perfect time to step back and debate the longer-term outlook.</p>\n<p>The most notable aspect of our forecasts, and one of the most contentious areas of debate, is just how much our expectations differ from the prior decade. The post-GFC period was defined by fiscal austerity, <i>low</i> investment, a deleveraging consumer and central banks acting <i>pre-emptively</i> to choke off inflationary risk. Indeed,<b>for all that we associate ‘easy policy’ with the last cycle, the PBOC tightening in 2010, the ECB hiking in 2011 and the Fed hiking in 2015 were all aggressive </b><b><i>early</i></b><b> moves to nip inflation in the bud.</b></p>\n<p><b>Our expectations this time around couldn’t be more different.</b>Fiscal policy is historically expansionary. The consumer in the US, Europe and China is in outstanding shape, with record levels of savings. We see a ‘red-hot capex cycle’ and public and private sector investment increasing. Global real rates are still near all-time lows. As my colleague Chetan Ahya noted in last week’s <i>Sunday Start</i>,<b>fiscal easing, cheap money, a strong consumer and more investment are four powerful cylinders in the proverbial economic engine.</b></p>\n<p>But just as notable is the expected policy response. In the face of strong growth, we think that central banks remain unusually standoffish. For the Fed, it’s a focus on still-elevated unemployment, coupled with a recent commitment to average inflation targeting. For the ECB, it’s awareness of a long-running inflation undershoot and memories of the 2011 hikes. For China, it’s taking a more gradual approach to tightening than after the last downturn.</p>\n<p><b>In short, it’s a global economy with a lot of gas and few brakes:</b>And if that is so, it means the risk case is different. After a decade where risk often skewed to the downside and the question was what new form of easing would central banks conjure up to fight weakness, the issue now is that growth is <i>good</i>. Hence<b>:</b></p>\n<ol>\n <li><p><b>Will the recovery create inflation?</b></p></li>\n <li><p><b>Will it alter central bank policy?</b></p></li>\n <li><p><b>Will that lead to margin and tax pressures?</b></p></li>\n <li><p><b>And is good growth already in the price?</b></p></li>\n</ol>\n<p><i>If</i> these are the ‘worries’ that will dominate the next 6-12 months, they won’t apply evenly. For US equities and credit, as well as segments of EM, these concerns will be front and center. But for Europe (and Japan), the questions of excessive valuations, high inflation, a hawkish policy shift or new corporate taxes seem much more distant. Maybe this distinction is obvious, but we think that it still works to Europe’s advantage.</p>\n<p>A hotter cycle could also mean a <i>shorter</i> cycle, and an unusually fast normalization of conditions. Such a scenario disadvantages credit. The asset class sees outstanding early-cycle, post-recession performance as growth recovers and companies focus on survival. But as things heat up, extra growth doesn’t mean any extra income from a corporate bond. On a cross-asset basis, credit underperforms on our new 12-month forecasts, and credit risk premiums look rich relative to other assets.<b>With a change in view from Srikanth Sankaran and our credit strategy team, we’ve downgraded credit to equal-weight.</b></p>\n<p>Finally, these forecasts invite an even more important <i>structural</i> question. Again, our expectations for strong fiscal, monetary and capital spending and consumer trends are <i>very</i> different from what prevailed over the last decade.<b>Will this mean an exit from the secular stagnation of the post-GFC mindset? If we are right, this should be an increasingly important debate.</b></p>\n<p>As we’ve told this story over the last week, opinions, like the weather, have been mixed. We’ve talked to plenty of investors who think it’s finally Europe’s time to shine, and plenty of others who worry it will remain a serial disappointment.<b>One investor described our expectation that the Fed doesn’t hike until 3Q23 as ‘what the Fed wants to do, not what it will do’, while another thought the Fed wouldn’t be able to complete tapering, given market sensitivity to real rates.</b></p>\n<p>Opinion on the big picture is similarly divided.<b>Indeed, the current debate reminds me quite a bit of 2010, when there was a sharp division between those who expected a rapid return of pre-crisis conditions (higher rates, EM leadership), and those who thought otherwise.</b>As growth and inflation pick up, we expect a trickier summer, but also an ongoing debate around these larger issues. Rain during sunshine could be something we need to get used to.</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>Morgan Stanley: Here Are The 4 \"Worries\" That Will Dominate The Next 6-12 Months</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\">\nMorgan Stanley: Here Are The 4 \"Worries\" That Will Dominate The Next 6-12 Months\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-05-24 08:17 GMT+8 <a href=https://www.zerohedge.com/markets/morgan-stanley-here-are-4-worries-will-dominate-next-6-12-months><strong>zerohedge</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>By Andrew Sheets, Chief Cross-Asset Strategist for Morgan Stanley\nAll Gas, No Brakes\nThe weather in London this week has been rainy while sunny, which feels like a fair description of current ...</p>\n\n<a href=\"https://www.zerohedge.com/markets/morgan-stanley-here-are-4-worries-will-dominate-next-6-12-months\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".DJI":"道琼斯",".IXIC":"NASDAQ Composite","SPY":"标普500ETF",".SPX":"S&P 500 Index"},"source_url":"https://www.zerohedge.com/markets/morgan-stanley-here-are-4-worries-will-dominate-next-6-12-months","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1196215338","content_text":"By Andrew Sheets, Chief Cross-Asset Strategist for Morgan Stanley\nAll Gas, No Brakes\nThe weather in London this week has been rainy while sunny, which feels like a fair description of current sentiment, as we’ve been discussing our mid-year outlook with investors this week. There’s a wide range of views out there at the moment, with the noisiness of the data giving everyone something to hang their hat on. In short, it’s the perfect time to step back and debate the longer-term outlook.\nThe most notable aspect of our forecasts, and one of the most contentious areas of debate, is just how much our expectations differ from the prior decade. The post-GFC period was defined by fiscal austerity, low investment, a deleveraging consumer and central banks acting pre-emptively to choke off inflationary risk. Indeed,for all that we associate ‘easy policy’ with the last cycle, the PBOC tightening in 2010, the ECB hiking in 2011 and the Fed hiking in 2015 were all aggressive early moves to nip inflation in the bud.\nOur expectations this time around couldn’t be more different.Fiscal policy is historically expansionary. The consumer in the US, Europe and China is in outstanding shape, with record levels of savings. We see a ‘red-hot capex cycle’ and public and private sector investment increasing. Global real rates are still near all-time lows. As my colleague Chetan Ahya noted in last week’s Sunday Start,fiscal easing, cheap money, a strong consumer and more investment are four powerful cylinders in the proverbial economic engine.\nBut just as notable is the expected policy response. In the face of strong growth, we think that central banks remain unusually standoffish. For the Fed, it’s a focus on still-elevated unemployment, coupled with a recent commitment to average inflation targeting. For the ECB, it’s awareness of a long-running inflation undershoot and memories of the 2011 hikes. For China, it’s taking a more gradual approach to tightening than after the last downturn.\nIn short, it’s a global economy with a lot of gas and few brakes:And if that is so, it means the risk case is different. After a decade where risk often skewed to the downside and the question was what new form of easing would central banks conjure up to fight weakness, the issue now is that growth is good. Hence:\n\nWill the recovery create inflation?\nWill it alter central bank policy?\nWill that lead to margin and tax pressures?\nAnd is good growth already in the price?\n\nIf these are the ‘worries’ that will dominate the next 6-12 months, they won’t apply evenly. For US equities and credit, as well as segments of EM, these concerns will be front and center. But for Europe (and Japan), the questions of excessive valuations, high inflation, a hawkish policy shift or new corporate taxes seem much more distant. Maybe this distinction is obvious, but we think that it still works to Europe’s advantage.\nA hotter cycle could also mean a shorter cycle, and an unusually fast normalization of conditions. Such a scenario disadvantages credit. The asset class sees outstanding early-cycle, post-recession performance as growth recovers and companies focus on survival. But as things heat up, extra growth doesn’t mean any extra income from a corporate bond. On a cross-asset basis, credit underperforms on our new 12-month forecasts, and credit risk premiums look rich relative to other assets.With a change in view from Srikanth Sankaran and our credit strategy team, we’ve downgraded credit to equal-weight.\nFinally, these forecasts invite an even more important structural question. Again, our expectations for strong fiscal, monetary and capital spending and consumer trends are very different from what prevailed over the last decade.Will this mean an exit from the secular stagnation of the post-GFC mindset? If we are right, this should be an increasingly important debate.\nAs we’ve told this story over the last week, opinions, like the weather, have been mixed. We’ve talked to plenty of investors who think it’s finally Europe’s time to shine, and plenty of others who worry it will remain a serial disappointment.One investor described our expectation that the Fed doesn’t hike until 3Q23 as ‘what the Fed wants to do, not what it will do’, while another thought the Fed wouldn’t be able to complete tapering, given market sensitivity to real rates.\nOpinion on the big picture is similarly divided.Indeed, the current debate reminds me quite a bit of 2010, when there was a sharp division between those who expected a rapid return of pre-crisis conditions (higher rates, EM leadership), and those who thought otherwise.As growth and inflation pick up, we expect a trickier summer, but also an ongoing debate around these larger issues. Rain during sunshine could be something we need to get used to.","news_type":1},"isVote":1,"tweetType":1,"viewCount":371,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":139375898,"gmtCreate":1621596889214,"gmtModify":1631884221761,"author":{"id":"3584509994449737","authorId":"3584509994449737","name":"Jeremiahsay","avatar":"https://static.tigerbbs.com/728d5f6ebabd134a86ea0e208fea530d","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3584509994449737","authorIdStr":"3584509994449737"},"themes":[],"htmlText":"These growth stocks will get hit the hardest when US10Y reaches 2%. Not saying they aren’t great companies. Just saying perhaps now is not a good time for me to get in. ","listText":"These growth stocks will get hit the hardest when US10Y reaches 2%. Not saying they aren’t great companies. Just saying perhaps now is not a good time for me to get in. ","text":"These growth stocks will get hit the hardest when US10Y reaches 2%. Not saying they aren’t great companies. Just saying perhaps now is not a good time for me to get in.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/139375898","repostId":"2137906351","repostType":4,"repost":{"id":"2137906351","kind":"highlight","pubTimestamp":1621595898,"share":"https://www.laohu8.com/m/news/2137906351?lang=&edition=full","pubTime":"2021-05-21 19:18","market":"us","language":"en","title":"Forget Ethereum: Buy These Game-Changing Growth Stocks Instead","url":"https://stock-news.laohu8.com/highlight/detail?id=2137906351","media":"Motley Fool","summary":"Recent gains in the world's No. 2 cryptocurrency aren't sustainable.","content":"<p>For more than a century, the stock market has been <a href=\"https://laohu8.com/S/AONE\">one</a> of America's top wealth creators. Although there have been short periods of time where other asset classes have outperformed, no investment vehicle has delivered higher average annual returns over the very long run than stocks.</p>\n<p>However, the stock market has been knocked off of its perch over the past decade by the insane returns of cryptocurrencies. While <b>Bitcoin</b> tends to get all the glory, it's the world's second-largest digital currency by market value, <b>Ethereum</b> (CRYPTO:ETH), that's been the markedly better performer of late. Over the trailing year, Ethereum has risen by 1,620%, which is over four times higher than Bitcoin's 384% return.</p>\n<p class=\"t-img-caption\"><img src=\"https://g.foolcdn.com/image/?url=https%3A%2F%2Fg.foolcdn.com%2Feditorial%2Fimages%2F627474%2Fethereum-bitcoin-cryptocurrency-digital-blockchain-getty.jpg&w=700&op=resize\" tg-width=\"700\" tg-height=\"492\"><span>Image source: Getty Images.</span></p>\n<h2>Ethereum has been on fire, but this move isn't sustainable</h2>\n<p>If you're wondering why Ethereum is outperforming, look no further than decentralized finance (DeFi). DeFi is a financially focused blockchain that utilizes smart contracts -- protocols that help to verify, facilitate, and enforce negotiated contracts -- and eliminates other financial intermediaries that can slow or block payments, such as banks. Ethereum's smart contracts are exceptionally popular, and have become the foundation from which DeFi is being developed.</p>\n<p>Ethereum's underlying blockchain has also had plenty of interest from the business community. The Enterprise Ethereum Alliance, which aims to broaden the adoption of Ethereum's smart-contract-driven blockchain technology, has more than 200 members.</p>\n<p>Furthermore, Ethereum has seen its average daily transactions steadily rise over the past year.</p>\n<p>While this is all seemingly encouraging, it's a massive stretch to suggest Ethereum is worth close to $400 billion. To put this into some perspective, <b><a href=\"https://laohu8.com/S/V\">Visa</a></b> handled nearly 453 million daily transactions in 2018, according to the Nilson Report. Ethereum's blockchain has been handling closer to 1.5 million daily, of late. Yet in spite of this milewide disparity, Ethereum's market value trails Visa by only $100 billion.</p>\n<p>What's more, blockchain suffers from a Catch-22. Businesses are unwilling to switch away from traditional networks without proof that blockchain-based technology can hold up in the real world. Unfortunately, without big businesses making this shift, there's no concrete data proving that Ethereum's blockchain is the superior answer to existing infrastructure.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/ccad26103b3c97bbb65d0cad160f21b9\" tg-width=\"700\" tg-height=\"489\"><span>Image source: Getty Images.</span></p>\n<h2>Ditch Ethereum for these innovative growth stocks</h2>\n<p>The fact of the matter is that there are better places to put your money to work right now than Ethereum. If you desire to be on the leading edge of innovation, you certainly don't need the untested crypto space to accomplish it. Instead, consider buying into the following trio of game-changing growth stocks, all of which have the potential to make you rich.</p>\n<h2>Pinterest</h2>\n<p>I don't have one really good reason to buy a stake in social media platform <b>Pinterest</b> (NYSE:PINS) -- I have 478 million very good reasons you should consider it.</p>\n<p>When the quarter ended in March, Pinterest reported net global monthly active user (MAU) growth of 30% to 478 million. Even though its user growth has been positively impacted by people being stuck in their homes during the pandemic, it's important to note that the company was growing its MAUs by an annual average of 30% in the three years leading up to the pandemic. It really hasn't mattered whether people are stuck at home or living life normally.</p>\n<p>Also of note, a majority of the company's new MAUs have originated in international markets (103 million of the 111 million net MAUs gained year over year, through March 2021). Even though average revenue per user (ARPU) is substantially higher in the U.S., Pinterest's skyrocketing user growth outside the country is what'll allow it to double its overseas ARPU multiple times this decade. In other words, international user growth is precisely why Pinterest should be one of the fastest-growing social media stocks this decade.</p>\n<p>Another reason Pinterest is such a no-brainer buy is because its users are willingly providing valuable information about what products, services, and places they like. This makes the platform perfect for targeted advertising and merchants looking to make a sale. Slowly but surely, Pinterest could become a force within e-commerce.</p>\n<p class=\"t-img-caption\"><img src=\"https://g.foolcdn.com/image/?url=https%3A%2F%2Fg.foolcdn.com%2Feditorial%2Fimages%2F627474%2Fesports-mobile-game-smartphone-tournament-getty.jpg&w=700&op=resize\" tg-width=\"700\" tg-height=\"466\"><span>Image source: Getty Images.</span></p>\n<h2>Skillz</h2>\n<p>Another innovative growth stock with the potential to make investors very rich over the long run is esports and gaming company <b>Skillz</b> (NYSE:SKLZ).</p>\n<p>The gaming industry is highly competitive, and there's a good likelihood that new entrants will get squashed by the more established developers. Instead of spending big bucks to develop new games and hope they resonate with gaming community, Skillz chose to develop a platform that allows esports participants and more traditional gamers to compete against each other for cash prizes. Skillz and game developers are then able to keep a percentage of the cash prize.</p>\n<p>The beauty of operating a gaming platform is twofold. First, Skillz isn't tethered to specific developers or gaming genres. In effect, the entire gaming universe could be potential players on its platform. And second, Skillz doesn't have to spend a boatload of money developing games. As a result, its gross margin has consistently been a juicy 95% for two years.</p>\n<p>The NFL can also be a significant catalyst. In February, Skillz and the NFL signed a multiyear agreement that'll see gaming developers create NFL-themed games for future competitions. Football is the unquestioned most popular sport in the U.S., which should give the company ample momentum once NFL-focused games hit the platform in late 2021 or early 2022.</p>\n<p>Wall Street is looking for Skillz to quadruple its sales over the next four years. With 17% of its players being paying customers (that's well above the industry average), this lofty estimate is believable.</p>\n<p class=\"t-img-caption\"><img src=\"https://g.foolcdn.com/image/?url=https%3A%2F%2Fg.foolcdn.com%2Feditorial%2Fimages%2F627474%2Fveterinarian-examining-dog-with-stethoscope-getty.jpg&w=700&op=resize\" tg-width=\"700\" tg-height=\"467\"><span>Image source: Getty Images.</span></p>\n<h2><a href=\"https://laohu8.com/S/TRUP\">Trupanion</a></h2>\n<p>A third game-changing growth stock to buy instead of Ethereum is pet-focused health insurance company <b>Trupanion</b> (NASDAQ:TRUP).</p>\n<p>Americans absolutely love their four-legged family members and are more than willing to spend big bucks to ensure their well-being. According to data from the American Pet Products Association, nearly $110 billion will be spent on pets in the U.S. this year. More importantly, it's been over a quarter of a century since we've witnessed a year-over-year decline in pet expenditures. It may not be the fastest-growing industry, but it's about as steady as they come.</p>\n<p>Trupanion is sitting on a veritable gold mine in the pet space. Only about 1% of U.S. pet owners has purchased insurance on their cat or dog, which is well below what we see in other developed countries. If the U.S. were to match the 25% penetration rate seen in the U.K., it would mark a close to $33 billion addressable market for Trupanion. For some context, the company generated a sliver over $500 million in sales last year.</p>\n<p>Even though the companion animal insurance space is bound to get crowded, Trupanion has spent the past two decades building rapport and partnerships with veterinarians and clinics. These invaluable connections, coupled with its leading software capable of paying clinics at the time of checkout, give it a clear competitive advantage.</p>\n<p>Trupanion is still in the very early innings of its growth, which is great news for investors.</p>","source":"fool_stock","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Forget Ethereum: Buy These Game-Changing Growth Stocks Instead</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\">\nForget Ethereum: Buy These Game-Changing Growth Stocks Instead\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-05-21 19:18 GMT+8 <a href=https://www.fool.com/investing/2021/05/21/forget-ethereum-buy-game-changing-growth-stocks/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>For more than a century, the stock market has been one of America's top wealth creators. Although there have been short periods of time where other asset classes have outperformed, no investment ...</p>\n\n<a href=\"https://www.fool.com/investing/2021/05/21/forget-ethereum-buy-game-changing-growth-stocks/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"TRUP":"Trupanion","SKLZ":"Skillz Inc","PINS":"Pinterest, Inc."},"source_url":"https://www.fool.com/investing/2021/05/21/forget-ethereum-buy-game-changing-growth-stocks/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2137906351","content_text":"For more than a century, the stock market has been one of America's top wealth creators. Although there have been short periods of time where other asset classes have outperformed, no investment vehicle has delivered higher average annual returns over the very long run than stocks.\nHowever, the stock market has been knocked off of its perch over the past decade by the insane returns of cryptocurrencies. While Bitcoin tends to get all the glory, it's the world's second-largest digital currency by market value, Ethereum (CRYPTO:ETH), that's been the markedly better performer of late. Over the trailing year, Ethereum has risen by 1,620%, which is over four times higher than Bitcoin's 384% return.\nImage source: Getty Images.\nEthereum has been on fire, but this move isn't sustainable\nIf you're wondering why Ethereum is outperforming, look no further than decentralized finance (DeFi). DeFi is a financially focused blockchain that utilizes smart contracts -- protocols that help to verify, facilitate, and enforce negotiated contracts -- and eliminates other financial intermediaries that can slow or block payments, such as banks. Ethereum's smart contracts are exceptionally popular, and have become the foundation from which DeFi is being developed.\nEthereum's underlying blockchain has also had plenty of interest from the business community. The Enterprise Ethereum Alliance, which aims to broaden the adoption of Ethereum's smart-contract-driven blockchain technology, has more than 200 members.\nFurthermore, Ethereum has seen its average daily transactions steadily rise over the past year.\nWhile this is all seemingly encouraging, it's a massive stretch to suggest Ethereum is worth close to $400 billion. To put this into some perspective, Visa handled nearly 453 million daily transactions in 2018, according to the Nilson Report. Ethereum's blockchain has been handling closer to 1.5 million daily, of late. Yet in spite of this milewide disparity, Ethereum's market value trails Visa by only $100 billion.\nWhat's more, blockchain suffers from a Catch-22. Businesses are unwilling to switch away from traditional networks without proof that blockchain-based technology can hold up in the real world. Unfortunately, without big businesses making this shift, there's no concrete data proving that Ethereum's blockchain is the superior answer to existing infrastructure.\nImage source: Getty Images.\nDitch Ethereum for these innovative growth stocks\nThe fact of the matter is that there are better places to put your money to work right now than Ethereum. If you desire to be on the leading edge of innovation, you certainly don't need the untested crypto space to accomplish it. Instead, consider buying into the following trio of game-changing growth stocks, all of which have the potential to make you rich.\nPinterest\nI don't have one really good reason to buy a stake in social media platform Pinterest (NYSE:PINS) -- I have 478 million very good reasons you should consider it.\nWhen the quarter ended in March, Pinterest reported net global monthly active user (MAU) growth of 30% to 478 million. Even though its user growth has been positively impacted by people being stuck in their homes during the pandemic, it's important to note that the company was growing its MAUs by an annual average of 30% in the three years leading up to the pandemic. It really hasn't mattered whether people are stuck at home or living life normally.\nAlso of note, a majority of the company's new MAUs have originated in international markets (103 million of the 111 million net MAUs gained year over year, through March 2021). Even though average revenue per user (ARPU) is substantially higher in the U.S., Pinterest's skyrocketing user growth outside the country is what'll allow it to double its overseas ARPU multiple times this decade. In other words, international user growth is precisely why Pinterest should be one of the fastest-growing social media stocks this decade.\nAnother reason Pinterest is such a no-brainer buy is because its users are willingly providing valuable information about what products, services, and places they like. This makes the platform perfect for targeted advertising and merchants looking to make a sale. Slowly but surely, Pinterest could become a force within e-commerce.\nImage source: Getty Images.\nSkillz\nAnother innovative growth stock with the potential to make investors very rich over the long run is esports and gaming company Skillz (NYSE:SKLZ).\nThe gaming industry is highly competitive, and there's a good likelihood that new entrants will get squashed by the more established developers. Instead of spending big bucks to develop new games and hope they resonate with gaming community, Skillz chose to develop a platform that allows esports participants and more traditional gamers to compete against each other for cash prizes. Skillz and game developers are then able to keep a percentage of the cash prize.\nThe beauty of operating a gaming platform is twofold. First, Skillz isn't tethered to specific developers or gaming genres. In effect, the entire gaming universe could be potential players on its platform. And second, Skillz doesn't have to spend a boatload of money developing games. As a result, its gross margin has consistently been a juicy 95% for two years.\nThe NFL can also be a significant catalyst. In February, Skillz and the NFL signed a multiyear agreement that'll see gaming developers create NFL-themed games for future competitions. Football is the unquestioned most popular sport in the U.S., which should give the company ample momentum once NFL-focused games hit the platform in late 2021 or early 2022.\nWall Street is looking for Skillz to quadruple its sales over the next four years. With 17% of its players being paying customers (that's well above the industry average), this lofty estimate is believable.\nImage source: Getty Images.\nTrupanion\nA third game-changing growth stock to buy instead of Ethereum is pet-focused health insurance company Trupanion (NASDAQ:TRUP).\nAmericans absolutely love their four-legged family members and are more than willing to spend big bucks to ensure their well-being. According to data from the American Pet Products Association, nearly $110 billion will be spent on pets in the U.S. this year. More importantly, it's been over a quarter of a century since we've witnessed a year-over-year decline in pet expenditures. It may not be the fastest-growing industry, but it's about as steady as they come.\nTrupanion is sitting on a veritable gold mine in the pet space. Only about 1% of U.S. pet owners has purchased insurance on their cat or dog, which is well below what we see in other developed countries. If the U.S. were to match the 25% penetration rate seen in the U.K., it would mark a close to $33 billion addressable market for Trupanion. For some context, the company generated a sliver over $500 million in sales last year.\nEven though the companion animal insurance space is bound to get crowded, Trupanion has spent the past two decades building rapport and partnerships with veterinarians and clinics. These invaluable connections, coupled with its leading software capable of paying clinics at the time of checkout, give it a clear competitive advantage.\nTrupanion is still in the very early innings of its growth, which is great news for investors.","news_type":1},"isVote":1,"tweetType":1,"viewCount":248,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":132480477,"gmtCreate":1622106719299,"gmtModify":1634183795575,"author":{"id":"3584509994449737","authorId":"3584509994449737","name":"Jeremiahsay","avatar":"https://static.tigerbbs.com/728d5f6ebabd134a86ea0e208fea530d","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3584509994449737","authorIdStr":"3584509994449737"},"themes":[],"htmlText":"Like and comment please","listText":"Like and comment please","text":"Like and comment please","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/132480477","repostId":"1183894964","repostType":4,"repost":{"id":"1183894964","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":1622103263,"share":"https://www.laohu8.com/m/news/1183894964?lang=&edition=full","pubTime":"2021-05-27 16:14","market":"us","language":"en","title":"LAIX Inc shares once soared 40% in pre-market trading","url":"https://stock-news.laohu8.com/highlight/detail?id=1183894964","media":"Tiger Newspress","summary":"LAIX Inc shares once soared 40% in pre-market trading,after announcing First Quarter 2021 Unaudited ","content":"<p>LAIX Inc shares once soared 40% in pre-market trading,after announcing First Quarter 2021 Unaudited Financial Results.</p><p><img src=\"https://static.tigerbbs.com/65815d67e0290ec2a066e3f3200d0ec8\" tg-width=\"1283\" tg-height=\"609\" referrerpolicy=\"no-referrer\"></p><p><b>First Quarter 2021 Financial and Operating Highlights</b></p><ul><li>Net income for the first quarter of 2021 wasRMB12.2 million (US$1.9 million), compared with a net loss ofRMB34.7 million for the previous quarter and a net loss ofRMB197.0 million for the same quarter last year.</li><li>Gross margin for the first quarter of 2021 was 77.6%, compared with 75.4% for the previous quarter and 65.5% for the same quarter last year.</li><li>Gross billings[1] for the first quarter of 2021 wereRMB154.4 million (US$23.6 million), a 9.8% decrease fromRMB171.1 million for the previous quarter and a 56.2% decrease fromRMB352.7 million for the same quarter last year.</li><li>Net revenues for the first quarter of 2021 wereRMB198.5 million (US$30.3 million), a 15.7% decrease fromRMB235.5 million for the previous quarter and a 13.0% decrease fromRMB228.3 million for the same quarter last year.</li><li>Sales and marketing expenses for the first quarter of 2021 wereRMB92.9 million (US$14.2 million), a 38.2% decrease fromRMB150.4 million for the previous quarter and a 64.9% decrease fromRMB264.7 million for the same quarter last year.</li><li>Operating cash outflow for the first quarter of 2021 wasRMB57.3 million (US$8.7 million), compared withRMB83.3 million for the previous quarter andRMB99.8 million for the same quarter last year.</li><li>Approximately 0.3 million paying users purchased the Company's courses and services for the first quarter of 2021, compared with approximately 0.4 million paying users for the previous quarter and approximately 0.9 million paying users for the same quarter last year, primarily attributable to the Company's stringent cost control in user acquisition expenditures.</li></ul>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>LAIX Inc shares once soared 40% in pre-market trading</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nLAIX Inc shares once soared 40% in pre-market trading\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time\">2021-05-27 16:14</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>LAIX Inc shares once soared 40% in pre-market trading,after announcing First Quarter 2021 Unaudited Financial Results.</p><p><img src=\"https://static.tigerbbs.com/65815d67e0290ec2a066e3f3200d0ec8\" tg-width=\"1283\" tg-height=\"609\" referrerpolicy=\"no-referrer\"></p><p><b>First Quarter 2021 Financial and Operating Highlights</b></p><ul><li>Net income for the first quarter of 2021 wasRMB12.2 million (US$1.9 million), compared with a net loss ofRMB34.7 million for the previous quarter and a net loss ofRMB197.0 million for the same quarter last year.</li><li>Gross margin for the first quarter of 2021 was 77.6%, compared with 75.4% for the previous quarter and 65.5% for the same quarter last year.</li><li>Gross billings[1] for the first quarter of 2021 wereRMB154.4 million (US$23.6 million), a 9.8% decrease fromRMB171.1 million for the previous quarter and a 56.2% decrease fromRMB352.7 million for the same quarter last year.</li><li>Net revenues for the first quarter of 2021 wereRMB198.5 million (US$30.3 million), a 15.7% decrease fromRMB235.5 million for the previous quarter and a 13.0% decrease fromRMB228.3 million for the same quarter last year.</li><li>Sales and marketing expenses for the first quarter of 2021 wereRMB92.9 million (US$14.2 million), a 38.2% decrease fromRMB150.4 million for the previous quarter and a 64.9% decrease fromRMB264.7 million for the same quarter last year.</li><li>Operating cash outflow for the first quarter of 2021 wasRMB57.3 million (US$8.7 million), compared withRMB83.3 million for the previous quarter andRMB99.8 million for the same quarter last year.</li><li>Approximately 0.3 million paying users purchased the Company's courses and services for the first quarter of 2021, compared with approximately 0.4 million paying users for the previous quarter and approximately 0.9 million paying users for the same quarter last year, primarily attributable to the Company's stringent cost control in user acquisition expenditures.</li></ul>\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":"1183894964","content_text":"LAIX Inc shares once soared 40% in pre-market trading,after announcing First Quarter 2021 Unaudited Financial Results.First Quarter 2021 Financial and Operating HighlightsNet income for the first quarter of 2021 wasRMB12.2 million (US$1.9 million), compared with a net loss ofRMB34.7 million for the previous quarter and a net loss ofRMB197.0 million for the same quarter last year.Gross margin for the first quarter of 2021 was 77.6%, compared with 75.4% for the previous quarter and 65.5% for the same quarter last year.Gross billings[1] for the first quarter of 2021 wereRMB154.4 million (US$23.6 million), a 9.8% decrease fromRMB171.1 million for the previous quarter and a 56.2% decrease fromRMB352.7 million for the same quarter last year.Net revenues for the first quarter of 2021 wereRMB198.5 million (US$30.3 million), a 15.7% decrease fromRMB235.5 million for the previous quarter and a 13.0% decrease fromRMB228.3 million for the same quarter last year.Sales and marketing expenses for the first quarter of 2021 wereRMB92.9 million (US$14.2 million), a 38.2% decrease fromRMB150.4 million for the previous quarter and a 64.9% decrease fromRMB264.7 million for the same quarter last year.Operating cash outflow for the first quarter of 2021 wasRMB57.3 million (US$8.7 million), compared withRMB83.3 million for the previous quarter andRMB99.8 million for the same quarter last year.Approximately 0.3 million paying users purchased the Company's courses and services for the first quarter of 2021, compared with approximately 0.4 million paying users for the previous quarter and approximately 0.9 million paying users for the same quarter last year, primarily attributable to the Company's stringent cost control in user acquisition expenditures.","news_type":1},"isVote":1,"tweetType":1,"viewCount":541,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":139106243,"gmtCreate":1621597510482,"gmtModify":1634187780505,"author":{"id":"3584509994449737","authorId":"3584509994449737","name":"Jeremiahsay","avatar":"https://static.tigerbbs.com/728d5f6ebabd134a86ea0e208fea530d","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3584509994449737","authorIdStr":"3584509994449737"},"themes":[],"htmlText":"I’m going to buy this stock when the stock market crashes. [Cool] ","listText":"I’m going to buy this stock when the stock market crashes. [Cool] ","text":"I’m going to buy this stock when the stock market crashes. [Cool]","images":[{"img":"https://static.tigerbbs.com/8e51b937f4ca5244967d806c70aa4c29","width":"1125","height":"2425"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/139106243","isVote":1,"tweetType":1,"viewCount":240,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":139108433,"gmtCreate":1621597439222,"gmtModify":1634187780727,"author":{"id":"3584509994449737","authorId":"3584509994449737","name":"Jeremiahsay","avatar":"https://static.tigerbbs.com/728d5f6ebabd134a86ea0e208fea530d","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3584509994449737","authorIdStr":"3584509994449737"},"themes":[],"htmlText":"I smell $TSLA","listText":"I smell $TSLA","text":"I smell $TSLA","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/139108433","repostId":"1139572292","repostType":4,"repost":{"id":"1139572292","kind":"news","pubTimestamp":1621587045,"share":"https://www.laohu8.com/m/news/1139572292?lang=&edition=full","pubTime":"2021-05-21 16:50","market":"us","language":"en","title":"California Says Most Uber, Lyft Trips Must Transition to EVs This Decade","url":"https://stock-news.laohu8.com/highlight/detail?id=1139572292","media":"Barrons","summary":"California is the first state in the nation to require that nearly all the miles traveled by ride-ha","content":"<p>California is the first state in the nation to require that nearly all the miles traveled by ride-hailing drivers take place in electric vehicles by 2030.</p>\n<p>The California Air Resources Board on Thursday approved the new rules, which means Uber (ticker: UBER) and Lyft (LYFT) will need to ensure that most of their drivers transition to EVs in this decade. The next step is for the California Public Utilities Commission to finalize how the rules will be implemented.</p>\n<p>The remaining question is who will pay. Despite their approval of the measure, the board members said Thursday they are extremely concerned about low-income drivers having to bear the majority of the costs and expressed the need to continue to collect information on how this will affect them.</p>\n<p>Uber and Lyft consider their drivers independent contractors, and the drivers own or rent their vehicles. The companies, which are unprofitable but valued at billions of dollars, want the state to share the costs by providing incentives. The bill, as estimated by the Union of Concerned Scientists, could total $1.73 billion, which it also forecast could cost the companies 4 cents a mile.</p>\n<p>“Yes, drivers own their vehicles, but they’re operating on these platforms that are generating extra emissions,” said Elizabeth Irvin, senior transportation analyst for the Clean Transportation program at the Union of Concerned Scientists, in an interview before the vote. “It’s critical that [the companies] do their part.”</p>\n<p>CARB member Nathan Fletcher said during the discussion before the vote that “We don’t have a mechanism to ensure that this doesn’t just get passed down to the drivers.” He added that “an industry based on labor exploitation will be asking for subsidies to address the environmental impacts that they’re profiting from.”</p>\n<p>All other CARB members who were present for the vote echoed those concerns.</p>\n<p>“I’d be remiss if I didn’t mention how Proposition 22 has worked out in making sure drivers are protected,” said Davina Hurt, referring to continuing concerns that ride-hailing drivers are not adequately compensated or protected after California voters approved in November the ballot initiative that allows Uber, Lyft and other gig companies to continue classifying their workers as independent contractors.</p>\n<p>The drivers—who are mostly low-income, as the companies themselves say—may not be able to afford to switch to EVs on their own. Electric vehicles remain more expensive than their gas-powered counterparts.</p>\n<p>“Can a driver afford to own any car, is my question,” Nicole Moore, a Los Angeles-based driver and worker organizer with Rideshare Drivers United, told MarketWatch. Moore said many drivers are struggling to earn enough money to pay for basics like rent and food.</p>\n<p>“In the end, the way the state of California—and voters—are allowing these companies to operate, there is no way we can afford electric vehicles,” she said.</p>\n<p>The clean-miles standard approved by CARB was enacted in response to legislation passed in 2018, and calls for 90% of ride-hailing miles to take place in EVs by 2030. That is actually slightly less ambitious than the goals Uber and Lyft announced last year of 100% of rides in EVs by 2030.</p>\n<p>The companies are pushing for government subsidies to reach those electrification goals. Uber says ride-hailing emissions make up a tiny fraction of emissions—about 1% of all vehicle miles traveled by light-duty vehicles in the state—but CARB finds that because ride-hailing drivers spend a lot of time in their vehicles without passengers, they produce a disproportionate amount of emissions compared with other fleets.</p>\n<p>Uber also says it’s doing its part by committing $800 million toward helping drivers get into EVs. Lyft points to a program that allows its drivers to rent EVs, and is exploring other ways it can help, including providing direct incentives. But both companies are calling for existing government incentive or rebate programs, or for the creation of new programs, to help ride-hailing drivers get into electric vehicles.</p>\n<p>“We take a sober look at financial barriers for drivers,” said Adam Gromis, Uber’s global head of sustainability, during discussion before the vote. Like Lyft, he mentioned the need for credits and incentive programs.</p>\n<p>“We need to ensure that there is minimal negative impact on low-income drivers,” said Paul Augustine, an executive on the sustainability team at Lyft. “We need to work together.”</p>\n<p>Included in the new standards are credits for TNCs related to investments toward infrastructure, or for transit rides booked through their apps, although some board members weren’t so supportive of credits for Uber and Lyft at all.</p>\n<p>“Credits aren’t necessary for companies that can spend $200M on a proposition to avoid supporting their drivers,” Diane Takvorian said, referring to how much gig companies, including Uber and Lyft, spent to support the passage of Prop. 22.</p>\n<p>The board members weren’t the only ones calling for Uber and Lyft to bear the costs of electrifying their ride-hailing fleets. Representatives of environmental groups also spoke up before the vote and urged the same thing.</p>\n<p>“These companies must and absolutely can pay, not drivers,” said Sam Appel of the BlueGreen Alliance. “They are well-capitalized to do so.”</p>","source":"lsy1601382232898","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>California Says Most Uber, Lyft Trips Must Transition to EVs This Decade</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\">\nCalifornia Says Most Uber, Lyft Trips Must Transition to EVs This Decade\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-05-21 16:50 GMT+8 <a href=https://www.barrons.com/articles/california-uber-lyft-electric-vehicles-51621548100?mod=hp_LEADSUPP_2><strong>Barrons</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>California is the first state in the nation to require that nearly all the miles traveled by ride-hailing drivers take place in electric vehicles by 2030.\nThe California Air Resources Board on ...</p>\n\n<a href=\"https://www.barrons.com/articles/california-uber-lyft-electric-vehicles-51621548100?mod=hp_LEADSUPP_2\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"LYFT":"Lyft, Inc.","UBER":"优步"},"source_url":"https://www.barrons.com/articles/california-uber-lyft-electric-vehicles-51621548100?mod=hp_LEADSUPP_2","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1139572292","content_text":"California is the first state in the nation to require that nearly all the miles traveled by ride-hailing drivers take place in electric vehicles by 2030.\nThe California Air Resources Board on Thursday approved the new rules, which means Uber (ticker: UBER) and Lyft (LYFT) will need to ensure that most of their drivers transition to EVs in this decade. The next step is for the California Public Utilities Commission to finalize how the rules will be implemented.\nThe remaining question is who will pay. Despite their approval of the measure, the board members said Thursday they are extremely concerned about low-income drivers having to bear the majority of the costs and expressed the need to continue to collect information on how this will affect them.\nUber and Lyft consider their drivers independent contractors, and the drivers own or rent their vehicles. The companies, which are unprofitable but valued at billions of dollars, want the state to share the costs by providing incentives. The bill, as estimated by the Union of Concerned Scientists, could total $1.73 billion, which it also forecast could cost the companies 4 cents a mile.\n“Yes, drivers own their vehicles, but they’re operating on these platforms that are generating extra emissions,” said Elizabeth Irvin, senior transportation analyst for the Clean Transportation program at the Union of Concerned Scientists, in an interview before the vote. “It’s critical that [the companies] do their part.”\nCARB member Nathan Fletcher said during the discussion before the vote that “We don’t have a mechanism to ensure that this doesn’t just get passed down to the drivers.” He added that “an industry based on labor exploitation will be asking for subsidies to address the environmental impacts that they’re profiting from.”\nAll other CARB members who were present for the vote echoed those concerns.\n“I’d be remiss if I didn’t mention how Proposition 22 has worked out in making sure drivers are protected,” said Davina Hurt, referring to continuing concerns that ride-hailing drivers are not adequately compensated or protected after California voters approved in November the ballot initiative that allows Uber, Lyft and other gig companies to continue classifying their workers as independent contractors.\nThe drivers—who are mostly low-income, as the companies themselves say—may not be able to afford to switch to EVs on their own. Electric vehicles remain more expensive than their gas-powered counterparts.\n“Can a driver afford to own any car, is my question,” Nicole Moore, a Los Angeles-based driver and worker organizer with Rideshare Drivers United, told MarketWatch. Moore said many drivers are struggling to earn enough money to pay for basics like rent and food.\n“In the end, the way the state of California—and voters—are allowing these companies to operate, there is no way we can afford electric vehicles,” she said.\nThe clean-miles standard approved by CARB was enacted in response to legislation passed in 2018, and calls for 90% of ride-hailing miles to take place in EVs by 2030. That is actually slightly less ambitious than the goals Uber and Lyft announced last year of 100% of rides in EVs by 2030.\nThe companies are pushing for government subsidies to reach those electrification goals. Uber says ride-hailing emissions make up a tiny fraction of emissions—about 1% of all vehicle miles traveled by light-duty vehicles in the state—but CARB finds that because ride-hailing drivers spend a lot of time in their vehicles without passengers, they produce a disproportionate amount of emissions compared with other fleets.\nUber also says it’s doing its part by committing $800 million toward helping drivers get into EVs. Lyft points to a program that allows its drivers to rent EVs, and is exploring other ways it can help, including providing direct incentives. But both companies are calling for existing government incentive or rebate programs, or for the creation of new programs, to help ride-hailing drivers get into electric vehicles.\n“We take a sober look at financial barriers for drivers,” said Adam Gromis, Uber’s global head of sustainability, during discussion before the vote. Like Lyft, he mentioned the need for credits and incentive programs.\n“We need to ensure that there is minimal negative impact on low-income drivers,” said Paul Augustine, an executive on the sustainability team at Lyft. “We need to work together.”\nIncluded in the new standards are credits for TNCs related to investments toward infrastructure, or for transit rides booked through their apps, although some board members weren’t so supportive of credits for Uber and Lyft at all.\n“Credits aren’t necessary for companies that can spend $200M on a proposition to avoid supporting their drivers,” Diane Takvorian said, referring to how much gig companies, including Uber and Lyft, spent to support the passage of Prop. 22.\nThe board members weren’t the only ones calling for Uber and Lyft to bear the costs of electrifying their ride-hailing fleets. Representatives of environmental groups also spoke up before the vote and urged the same thing.\n“These companies must and absolutely can pay, not drivers,” said Sam Appel of the BlueGreen Alliance. “They are well-capitalized to do so.”","news_type":1},"isVote":1,"tweetType":1,"viewCount":573,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":139394171,"gmtCreate":1621589953493,"gmtModify":1634187837082,"author":{"id":"3584509994449737","authorId":"3584509994449737","name":"Jeremiahsay","avatar":"https://static.tigerbbs.com/728d5f6ebabd134a86ea0e208fea530d","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3584509994449737","authorIdStr":"3584509994449737"},"themes":[],"htmlText":"“Gold is honest money dislike by dishonest people.” - Gracious Quotes","listText":"“Gold is honest money dislike by dishonest people.” - Gracious Quotes","text":"“Gold is honest money dislike by dishonest people.” - Gracious Quotes","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/139394171","isVote":1,"tweetType":1,"viewCount":527,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"lives":[]}