J0E personal page - To The Moon

J0E

J0E

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44Followers

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2023-11-08

Nice and great game to play!

@TigerEvents:Join Tiger's Halloween Fun! Win Big!

2023-11-08

Nice and great game to play!

2023-11-06

What a great game to play!

@TigerEvents:Join Tiger's Halloween Fun! Win Big!

2023-11-06

What a great game to play!

2023-11-05

What a great game to play!

@TigerEvents:Join Tiger's Halloween Fun! Win Big!

2023-11-05

What a great game to play!

2023-11-04

What a great game to play!

@TigerEvents:Join Tiger's Halloween Fun! Win Big!

2023-11-04

What a great game to play!

2023-11-03

Nice game to play on!!

@TigerEvents:Join Tiger's Halloween Fun! Win Big!

2023-11-03

Wow, nice game to play!

2023-11-02

Thanks! Nice game to play!!

@TigerEvents:Join Tiger's Halloween Fun! Win Big!

2023-11-02

What a nice game To play!!!

2023-11-01

Wow, what a game to play!!

@TigerEvents:Join Tiger's Halloween Fun! Win Big!

2023-11-01

Nice game to play, thanks!!

2023-10-31

Nice whack whack game!

@TigerEvents:Join Tiger's Halloween Fun! Win Big!

2023-10-31

Thanks tiger! Great game!

2023-10-30

Nice game to play!!!!

2023-04-19

Wow, great game to play!

2023-04-18

Going to finish soon.....

2023-04-17

Wow! Nice game to play!

Go to Tiger App to see more news

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Get ready for some fun, and earn points to win a USD 100 stock voucher and AAPL stock!*In this thrilling game, you'll have just 60 seconds to fend off a gang of mischievous Halloween spirits. It's your job to give them a fright and chase them away with a tap – the more, the merrier!Now, here's the twist: each ghostly friend will require different taps and will reward you with various points.Airy the Apparition - Just one tap, and poof, they vanish. Spooktacularly easy!Bubbles the Water Pixie - Disappears with zero taps - A true magic trick!Rocky the Earth Spirit - You'll need to tap twice to send it packing. He's grounded, you see.Flicker the Embergeist - Another one-ta","text":"Hey there, spooky squad! 🎃Halloween is coming, and it's time for some fang-tastic fun with our new game - Trick Or Trade! Get ready for some fun, and earn points to win a USD 100 stock voucher and AAPL stock!*In this thrilling game, you'll have just 60 seconds to fend off a gang of mischievous Halloween spirits. It's your job to give them a fright and chase them away with a tap – the more, the merrier!Now, here's the twist: each ghostly friend will require different taps and will reward you with various points.Airy the Apparition - Just one tap, and poof, they vanish. Spooktacularly easy!Bubbles the Water Pixie - Disappears with zero taps - A true magic trick!Rocky the Earth Spirit - You'll need to tap twice to send it packing. He's grounded, you see.Flicker the Embergeist - Another one-ta","images":[{"img":"https://community-static.tradeup.com/news/ad478b709732d53302c395a52fa1c8e1","width":"1200","height":"630"}],"top":1,"highlighted":2,"essential":2,"paper":2,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/234641357262864","isVote":1,"tweetType":1,"viewCount":0,"authorTweetTopStatus":1,"verified":1,"comments":[],"imageCount":2,"langContent":"EN","totalScore":0},"isVote":1,"tweetType":1,"viewCount":2968,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":237180209233984,"gmtCreate":1698940876162,"gmtModify":1698940879494,"author":{"id":"3574543568455317","authorId":"3574543568455317","name":"J0E","avatar":"https://static.tigerbbs.com/99608013a269b8a017f9553f07dd5f19","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3574543568455317","authorIdStr":"3574543568455317"},"themes":[],"htmlText":"Wow, nice game to play!","listText":"Wow, nice game to play!","text":"Wow, nice game to play!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/237180209233984","isVote":1,"tweetType":1,"viewCount":3323,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":236826275684408,"gmtCreate":1698854464583,"gmtModify":1698854468472,"author":{"id":"3574543568455317","authorId":"3574543568455317","name":"J0E","avatar":"https://static.tigerbbs.com/99608013a269b8a017f9553f07dd5f19","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3574543568455317","authorIdStr":"3574543568455317"},"themes":[],"htmlText":"Thanks! Nice game to play!!","listText":"Thanks! Nice game to play!!","text":"Thanks! Nice game to play!!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/236826275684408","repostId":"234641357262864","repostType":1,"repost":{"id":234641357262864,"gmtCreate":1698311576543,"gmtModify":1745315265346,"author":{"id":"3527667667103859","authorId":"3527667667103859","name":"TigerEvents","avatar":"https://community-static.tradeup.com/news/c266ef25181ace18bec1262357bbe1a8","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3527667667103859","authorIdStr":"3527667667103859"},"themes":[],"title":"Join Tiger's Halloween Fun! Win Big!","htmlText":"Hey there, spooky squad! 🎃Halloween is coming, and it's time for some fang-tastic fun with our new game - Trick Or Trade! Get ready for some fun, and earn points to win a USD 100 stock voucher and AAPL stock!*In this thrilling game, you'll have just 60 seconds to fend off a gang of mischievous Halloween spirits. It's your job to give them a fright and chase them away with a tap – the more, the merrier!Now, here's the twist: each ghostly friend will require different taps and will reward you with various points.Airy the Apparition - Just one tap, and poof, they vanish. Spooktacularly easy!Bubbles the Water Pixie - Disappears with zero taps - A true magic trick!Rocky the Earth Spirit - You'll need to tap twice to send it packing. He's grounded, you see.Flicker the Embergeist - Another one-ta","listText":"Hey there, spooky squad! 🎃Halloween is coming, and it's time for some fang-tastic fun with our new game - Trick Or Trade! Get ready for some fun, and earn points to win a USD 100 stock voucher and AAPL stock!*In this thrilling game, you'll have just 60 seconds to fend off a gang of mischievous Halloween spirits. It's your job to give them a fright and chase them away with a tap – the more, the merrier!Now, here's the twist: each ghostly friend will require different taps and will reward you with various points.Airy the Apparition - Just one tap, and poof, they vanish. Spooktacularly easy!Bubbles the Water Pixie - Disappears with zero taps - A true magic trick!Rocky the Earth Spirit - You'll need to tap twice to send it packing. He's grounded, you see.Flicker the Embergeist - Another one-ta","text":"Hey there, spooky squad! 🎃Halloween is coming, and it's time for some fang-tastic fun with our new game - Trick Or Trade! Get ready for some fun, and earn points to win a USD 100 stock voucher and AAPL stock!*In this thrilling game, you'll have just 60 seconds to fend off a gang of mischievous Halloween spirits. It's your job to give them a fright and chase them away with a tap – the more, the merrier!Now, here's the twist: each ghostly friend will require different taps and will reward you with various points.Airy the Apparition - Just one tap, and poof, they vanish. Spooktacularly easy!Bubbles the Water Pixie - Disappears with zero taps - A true magic trick!Rocky the Earth Spirit - You'll need to tap twice to send it packing. He's grounded, you see.Flicker the Embergeist - Another one-ta","images":[{"img":"https://community-static.tradeup.com/news/ad478b709732d53302c395a52fa1c8e1","width":"1200","height":"630"}],"top":1,"highlighted":2,"essential":2,"paper":2,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/234641357262864","isVote":1,"tweetType":1,"viewCount":0,"authorTweetTopStatus":1,"verified":1,"comments":[],"imageCount":2,"langContent":"EN","totalScore":0},"isVote":1,"tweetType":1,"viewCount":1117,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":236825662070816,"gmtCreate":1698854447171,"gmtModify":1698854451178,"author":{"id":"3574543568455317","authorId":"3574543568455317","name":"J0E","avatar":"https://static.tigerbbs.com/99608013a269b8a017f9553f07dd5f19","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3574543568455317","authorIdStr":"3574543568455317"},"themes":[],"htmlText":"What a nice game To play!!!","listText":"What a nice game To play!!!","text":"What a nice game To play!!!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/236825662070816","isVote":1,"tweetType":1,"viewCount":1147,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":236475677925552,"gmtCreate":1698769049795,"gmtModify":1698769053666,"author":{"id":"3574543568455317","authorId":"3574543568455317","name":"J0E","avatar":"https://static.tigerbbs.com/99608013a269b8a017f9553f07dd5f19","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3574543568455317","authorIdStr":"3574543568455317"},"themes":[],"htmlText":"Wow, what a game to play!!","listText":"Wow, what a game to play!!","text":"Wow, what a game to play!!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/236475677925552","repostId":"234641357262864","repostType":1,"repost":{"id":234641357262864,"gmtCreate":1698311576543,"gmtModify":1745315265346,"author":{"id":"3527667667103859","authorId":"3527667667103859","name":"TigerEvents","avatar":"https://community-static.tradeup.com/news/c266ef25181ace18bec1262357bbe1a8","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3527667667103859","authorIdStr":"3527667667103859"},"themes":[],"title":"Join Tiger's Halloween Fun! 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Get ready for some fun, and earn points to win a USD 100 stock voucher and AAPL stock!*In this thrilling game, you'll have just 60 seconds to fend off a gang of mischievous Halloween spirits. It's your job to give them a fright and chase them away with a tap – the more, the merrier!Now, here's the twist: each ghostly friend will require different taps and will reward you with various points.Airy the Apparition - Just one tap, and poof, they vanish. Spooktacularly easy!Bubbles the Water Pixie - Disappears with zero taps - A true magic trick!Rocky the Earth Spirit - You'll need to tap twice to send it packing. He's grounded, you see.Flicker the Embergeist - Another one-ta","text":"Hey there, spooky squad! 🎃Halloween is coming, and it's time for some fang-tastic fun with our new game - Trick Or Trade! Get ready for some fun, and earn points to win a USD 100 stock voucher and AAPL stock!*In this thrilling game, you'll have just 60 seconds to fend off a gang of mischievous Halloween spirits. It's your job to give them a fright and chase them away with a tap – the more, the merrier!Now, here's the twist: each ghostly friend will require different taps and will reward you with various points.Airy the Apparition - Just one tap, and poof, they vanish. Spooktacularly easy!Bubbles the Water Pixie - Disappears with zero taps - A true magic trick!Rocky the Earth Spirit - You'll need to tap twice to send it packing. He's grounded, you see.Flicker the Embergeist - Another one-ta","images":[{"img":"https://community-static.tradeup.com/news/ad478b709732d53302c395a52fa1c8e1","width":"1200","height":"630"}],"top":1,"highlighted":2,"essential":2,"paper":2,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/234641357262864","isVote":1,"tweetType":1,"viewCount":0,"authorTweetTopStatus":1,"verified":1,"comments":[],"imageCount":2,"langContent":"EN","totalScore":0},"isVote":1,"tweetType":1,"viewCount":1405,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":236475552891056,"gmtCreate":1698769019269,"gmtModify":1698769024258,"author":{"id":"3574543568455317","authorId":"3574543568455317","name":"J0E","avatar":"https://static.tigerbbs.com/99608013a269b8a017f9553f07dd5f19","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3574543568455317","authorIdStr":"3574543568455317"},"themes":[],"htmlText":"Nice game to play, thanks!!","listText":"Nice game to play, thanks!!","text":"Nice game to play, thanks!!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/236475552891056","isVote":1,"tweetType":1,"viewCount":1030,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":236248684290248,"gmtCreate":1698710697814,"gmtModify":1698710702027,"author":{"id":"3574543568455317","authorId":"3574543568455317","name":"J0E","avatar":"https://static.tigerbbs.com/99608013a269b8a017f9553f07dd5f19","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3574543568455317","authorIdStr":"3574543568455317"},"themes":[],"htmlText":"Nice whack whack game!","listText":"Nice whack whack game!","text":"Nice whack whack game!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/236248684290248","repostId":"234641357262864","repostType":1,"repost":{"id":234641357262864,"gmtCreate":1698311576543,"gmtModify":1745315265346,"author":{"id":"3527667667103859","authorId":"3527667667103859","name":"TigerEvents","avatar":"https://community-static.tradeup.com/news/c266ef25181ace18bec1262357bbe1a8","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3527667667103859","authorIdStr":"3527667667103859"},"themes":[],"title":"Join Tiger's Halloween Fun! 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Get ready for some fun, and earn points to win a USD 100 stock voucher and AAPL stock!*In this thrilling game, you'll have just 60 seconds to fend off a gang of mischievous Halloween spirits. It's your job to give them a fright and chase them away with a tap – the more, the merrier!Now, here's the twist: each ghostly friend will require different taps and will reward you with various points.Airy the Apparition - Just one tap, and poof, they vanish. Spooktacularly easy!Bubbles the Water Pixie - Disappears with zero taps - A true magic trick!Rocky the Earth Spirit - You'll need to tap twice to send it packing. He's grounded, you see.Flicker the Embergeist - Another one-ta","text":"Hey there, spooky squad! 🎃Halloween is coming, and it's time for some fang-tastic fun with our new game - Trick Or Trade! Get ready for some fun, and earn points to win a USD 100 stock voucher and AAPL stock!*In this thrilling game, you'll have just 60 seconds to fend off a gang of mischievous Halloween spirits. It's your job to give them a fright and chase them away with a tap – the more, the merrier!Now, here's the twist: each ghostly friend will require different taps and will reward you with various points.Airy the Apparition - Just one tap, and poof, they vanish. Spooktacularly easy!Bubbles the Water Pixie - Disappears with zero taps - A true magic trick!Rocky the Earth Spirit - You'll need to tap twice to send it packing. He's grounded, you see.Flicker the Embergeist - Another one-ta","images":[{"img":"https://community-static.tradeup.com/news/ad478b709732d53302c395a52fa1c8e1","width":"1200","height":"630"}],"top":1,"highlighted":2,"essential":2,"paper":2,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/234641357262864","isVote":1,"tweetType":1,"viewCount":0,"authorTweetTopStatus":1,"verified":1,"comments":[],"imageCount":2,"langContent":"EN","totalScore":0},"isVote":1,"tweetType":1,"viewCount":681,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":236247133061320,"gmtCreate":1698710319096,"gmtModify":1698710323052,"author":{"id":"3574543568455317","authorId":"3574543568455317","name":"J0E","avatar":"https://static.tigerbbs.com/99608013a269b8a017f9553f07dd5f19","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3574543568455317","authorIdStr":"3574543568455317"},"themes":[],"htmlText":"Thanks tiger! Great game!","listText":"Thanks tiger! Great game!","text":"Thanks tiger! Great game!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/236247133061320","isVote":1,"tweetType":1,"viewCount":1208,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":236115692368088,"gmtCreate":1698678174814,"gmtModify":1698678178934,"author":{"id":"3574543568455317","authorId":"3574543568455317","name":"J0E","avatar":"https://static.tigerbbs.com/99608013a269b8a017f9553f07dd5f19","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3574543568455317","authorIdStr":"3574543568455317"},"themes":[],"htmlText":"Nice game to play!!!!","listText":"Nice game to play!!!!","text":"Nice game to play!!!!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/236115692368088","isVote":1,"tweetType":1,"viewCount":1309,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9944585765,"gmtCreate":1681916853358,"gmtModify":1681916856212,"author":{"id":"3574543568455317","authorId":"3574543568455317","name":"J0E","avatar":"https://static.tigerbbs.com/99608013a269b8a017f9553f07dd5f19","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3574543568455317","authorIdStr":"3574543568455317"},"themes":[],"htmlText":"Wow, great game to play!","listText":"Wow, great game to play!","text":"Wow, great game to play!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9944585765","isVote":1,"tweetType":1,"viewCount":1092,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9944661612,"gmtCreate":1681829760236,"gmtModify":1681829764030,"author":{"id":"3574543568455317","authorId":"3574543568455317","name":"J0E","avatar":"https://static.tigerbbs.com/99608013a269b8a017f9553f07dd5f19","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3574543568455317","authorIdStr":"3574543568455317"},"themes":[],"htmlText":"Going to finish soon.....","listText":"Going to finish soon.....","text":"Going to finish soon.....","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9944661612","isVote":1,"tweetType":1,"viewCount":1270,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9944187397,"gmtCreate":1681745664420,"gmtModify":1681745668560,"author":{"id":"3574543568455317","authorId":"3574543568455317","name":"J0E","avatar":"https://static.tigerbbs.com/99608013a269b8a017f9553f07dd5f19","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3574543568455317","authorIdStr":"3574543568455317"},"themes":[],"htmlText":"Wow! Nice game to play!","listText":"Wow! Nice game to play!","text":"Wow! Nice game to play!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9944187397","isVote":1,"tweetType":1,"viewCount":1099,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"hots":[{"id":897638819,"gmtCreate":1628910916231,"gmtModify":1676529891848,"author":{"id":"3574543568455317","authorId":"3574543568455317","name":"J0E","avatar":"https://static.tigerbbs.com/99608013a269b8a017f9553f07dd5f19","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3574543568455317","idStr":"3574543568455317"},"themes":[],"htmlText":"Please like and comment, thanks!","listText":"Please like and comment, thanks!","text":"Please like and comment, thanks!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":8,"commentSize":10,"repostSize":0,"link":"https://ttm.financial/post/897638819","repostId":"1144073354","repostType":4,"repost":{"id":"1144073354","kind":"news","pubTimestamp":1628904044,"share":"https://ttm.financial/m/news/1144073354?lang=en_US&edition=fundamental","pubTime":"2021-08-14 09:20","market":"us","language":"en","title":"Dow, S&P End Week at Record Highs. It’s Not That Exciting.","url":"https://stock-news.laohu8.com/highlight/detail?id=1144073354","media":"Barrons","summary":"Adventure. Excitement. The stock market doesn’t seem to crave these things lately. Investors should ","content":"<p>Adventure. Excitement. The stock market doesn’t seem to crave these things lately. Investors should hope it stays that way.</p>\n<p>It wasn’t quite like watching paint dry this past week, but it wasn’t that far off, either. Earnings reports were few and far between, the most prominent coming from Walt Disney (ticker: DIS) and eBay (EBAY). The economic news, including July’s consumer-price data, didn’t contain any shockers. And while the S&amp;P 500 closed the week on a streak of four new highs, one of them was by less than a quarter of&nbsp;a point. The index rose 0.7%, to 4468.00, while the&nbsp;Dow Jones Industrial Average&nbsp;gained 306.87 points, or 0.9%, to 35,515.38. The&nbsp;Nasdaq Composite&nbsp;dipped 0.1%. to 14,822.90.</p>\n<p>Exuberance this ain’t.</p>\n<p><b>Why Stock Prices Are Poised to Keep Rising</b></p>\n<p>Still, there was some action underneath the surface. Tech,particularly chip stockslikeMicron Technology(MU),Lam Research(LRCX), andApplied Materials(AMAT), took it on the chin, while banks, includingGoldman Sachs Group(GS), and industrials such asCaterpillar(CAT), soared. And theInvesco S&amp;P 500 Equal Weightexchange-traded fund (RSP) gained 0.8% on the week, outpacing the market-cap-weighted version.</p>\n<p><img src=\"https://static.tigerbbs.com/d14ffc0d585bc642e9dfa4eebe4b998b\" tg-width=\"964\" tg-height=\"647\" width=\"100%\" height=\"auto\"></p>\n<p>That suggests that&nbsp;the stock market is rotating&nbsp;once again, out of tech and other growth stocks, which had been outperforming since May, and back into stocks that benefit from the strength of the U.S. economy, says Katie Stockton, founder of Fairlead Strategies. “A lot of rotation in constituents can fuel a bull market,” she says, noting that if more stocks start winning, it’s only a matter of time before the small-cap&nbsp;Russell 2000 index&nbsp;does, too.</p>\n<p>That cyclicals have started breaking out again is impressive, particularly given the nonstop focus on the Covid-19 Delta variant. Whether it’s about states like&nbsp;Mississippi&nbsp;and&nbsp;Florida, or the Food and Drug Administration’s&nbsp;approval of a vaccine booster&nbsp;shot for people with compromised immune systems, renewed pandemic fears should have hit those stocks hard. That they didn’t says a lot about what investors are thinking.</p>\n<p>“If you just look at the market action this week, it’s saying the Delta variant is a public-health crisis, but not an economic crisis,” says Dave Donabedian, chief investment officer at CIBC Private Wealth US.</p>\n<p>At some point, the boredom will end, and the market will get more volatile. And the biggest risk might be that investors use the volatility to push the entire stock market higher, notes BTIG’s Julian Emanuel, treating it like one big meme stock.</p>\n<p>“[The] dramatic price action in ‘meme stocks’ both old and new raises the probability that higher volatility could result in an ‘altered reality’ exception,” he writes. “And there is only one previous exception where volatility went up and stocks continued to go up, and up, and up. At least for a while.”</p>\n<p>That, of course, was in 1999. Let’s hope we avoid the kind of excitement that followed.</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>Dow, S&P End Week at Record Highs. It’s Not That Exciting.</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nDow, S&P End Week at Record Highs. It’s Not That Exciting.\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-08-14 09:20 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.barrons.com/articles/dow-stock-market-sp-500-51628901659?mod=hp_LATEST><strong>Barrons</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Adventure. Excitement. The stock market doesn’t seem to crave these things lately. Investors should hope it stays that way.\nIt wasn’t quite like watching paint dry this past week, but it wasn’t that ...</p>\n\n<a href=\"https://www.barrons.com/articles/dow-stock-market-sp-500-51628901659?mod=hp_LATEST\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".IXIC":"NASDAQ Composite",".DJI":"道琼斯",".SPX":"S&P 500 Index"},"source_url":"https://www.barrons.com/articles/dow-stock-market-sp-500-51628901659?mod=hp_LATEST","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1144073354","content_text":"Adventure. Excitement. The stock market doesn’t seem to crave these things lately. Investors should hope it stays that way.\nIt wasn’t quite like watching paint dry this past week, but it wasn’t that far off, either. Earnings reports were few and far between, the most prominent coming from Walt Disney (ticker: DIS) and eBay (EBAY). The economic news, including July’s consumer-price data, didn’t contain any shockers. And while the S&P 500 closed the week on a streak of four new highs, one of them was by less than a quarter of a point. The index rose 0.7%, to 4468.00, while the Dow Jones Industrial Average gained 306.87 points, or 0.9%, to 35,515.38. The Nasdaq Composite dipped 0.1%. to 14,822.90.\nExuberance this ain’t.\nWhy Stock Prices Are Poised to Keep Rising\nStill, there was some action underneath the surface. Tech,particularly chip stockslikeMicron Technology(MU),Lam Research(LRCX), andApplied Materials(AMAT), took it on the chin, while banks, includingGoldman Sachs Group(GS), and industrials such asCaterpillar(CAT), soared. And theInvesco S&P 500 Equal Weightexchange-traded fund (RSP) gained 0.8% on the week, outpacing the market-cap-weighted version.\n\nThat suggests that the stock market is rotating once again, out of tech and other growth stocks, which had been outperforming since May, and back into stocks that benefit from the strength of the U.S. economy, says Katie Stockton, founder of Fairlead Strategies. “A lot of rotation in constituents can fuel a bull market,” she says, noting that if more stocks start winning, it’s only a matter of time before the small-cap Russell 2000 index does, too.\nThat cyclicals have started breaking out again is impressive, particularly given the nonstop focus on the Covid-19 Delta variant. Whether it’s about states like Mississippi and Florida, or the Food and Drug Administration’s approval of a vaccine booster shot for people with compromised immune systems, renewed pandemic fears should have hit those stocks hard. That they didn’t says a lot about what investors are thinking.\n“If you just look at the market action this week, it’s saying the Delta variant is a public-health crisis, but not an economic crisis,” says Dave Donabedian, chief investment officer at CIBC Private Wealth US.\nAt some point, the boredom will end, and the market will get more volatile. And the biggest risk might be that investors use the volatility to push the entire stock market higher, notes BTIG’s Julian Emanuel, treating it like one big meme stock.\n“[The] dramatic price action in ‘meme stocks’ both old and new raises the probability that higher volatility could result in an ‘altered reality’ exception,” he writes. “And there is only one previous exception where volatility went up and stocks continued to go up, and up, and up. At least for a while.”\nThat, of course, was in 1999. Let’s hope we avoid the kind of excitement that followed.","news_type":1,"symbols_score_info":{".SPX":0.9,".DJI":0.9,".IXIC":0.9}},"isVote":1,"tweetType":1,"viewCount":721,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":836706448,"gmtCreate":1629519820284,"gmtModify":1676530064669,"author":{"id":"3574543568455317","authorId":"3574543568455317","name":"J0E","avatar":"https://static.tigerbbs.com/99608013a269b8a017f9553f07dd5f19","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3574543568455317","idStr":"3574543568455317"},"themes":[],"htmlText":"Please like and comment, thanks!","listText":"Please like and comment, thanks!","text":"Please like and comment, thanks!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":10,"commentSize":8,"repostSize":0,"link":"https://ttm.financial/post/836706448","repostId":"1102227761","repostType":4,"repost":{"id":"1102227761","kind":"news","pubTimestamp":1629471126,"share":"https://ttm.financial/m/news/1102227761?lang=en_US&edition=fundamental","pubTime":"2021-08-20 22:52","market":"us","language":"en","title":"Did The Fed's Monetary Policy Experiment Just Fail?","url":"https://stock-news.laohu8.com/highlight/detail?id=1102227761","media":"zerohedge","summary":"Did the Fed’s “monetary policy experiment” fail? The recent dislocation between consumer confidence ","content":"<p>Did the Fed’s “monetary policy experiment” fail? The recent dislocation between consumer confidence and the financial markets may indicate just that.</p>\n<blockquote>\n <i>“U.S. consumer sentiment dropped sharply in early August to its lowest level in a decade, in a worrying sign for the economy as Americans gave faltering outlooks on everything from personal finances to inflation and employment,” – Reuters</i>\n</blockquote>\n<p>However, to understand why I am asking the question, we have to revisit what<b><i>Ben Bernanke said in 2010</i></b>&nbsp;to support the idea of a second round of<i>&nbsp;“Quantitative Easing.”</i></p>\n<blockquote>\n <i><b>“This approach eased financial conditions in the past and, so far, looks to be effective again. Stock prices rose, and long-term interest rates fell when investors began to anticipate the most recent action.</b></i>\n <i>&nbsp;Easier financial conditions will promote economic growth. For example, lower mortgage rates will make housing more affordable and allow more homeowners to refinance. Lower corporate bond rates will encourage investment.&nbsp;</i>\n <i><b>And higher stock prices will boost consumer wealth and help increase confidence, which can also spur spending.”</b></i>\n</blockquote>\n<p>What he is referring to is known as&nbsp;<b><i>“Animal Spirits.”</i></b></p>\n<p>Animal spirits came from the Latin term “<i>spiritus animals,”</i>&nbsp;which means the&nbsp;<b><i>“breath that awakens the human mind.”</i></b>Its modern usage came about in John Maynard Keynes’ 1936 publication, “<i>The General Theory of Employment, Interest, and Money.”</i><b>Ultimately, “animal spirits was adopted by Wall Street to describe the psychological factors driving investor actions.</b></p>\n<p>Specifically, Ben Bernanke realized that investors would respond to that stimulus and increase asset prices by providing accommodation.</p>\n<p>In other words, as long as individuals&nbsp;<i>“believe”</i>&nbsp;the Fed is lifting asset prices higher, they take action buying stocks and driving asset prices higher.<b>&nbsp;Thus, investor actions deliver the desired outcome.</b></p>\n<p><b>It Was All Going According To Plan</b></p>\n<p>Since the Fed began its monetary interventions, the correlation between the asset prices and confidence remains high.</p>\n<p><img src=\"https://static.tigerbbs.com/210d14dd122881846ea4226effb170ea\" tg-width=\"821\" tg-height=\"453\" width=\"100%\" height=\"auto\">As noted, the entire premise of monetary policy was to spur consumer spending. Everything seemed to be according to plan.</p>\n<p><img src=\"https://static.tigerbbs.com/a31f98451c5ad7cde0311565779e07d4\" tg-width=\"806\" tg-height=\"519\" width=\"100%\" height=\"auto\"></p>\n<p>The problem was that while the Fed lifted asset prices, the economy didn’t strengthen as expected. As discussed recently:</p>\n<blockquote>\n <i>“However, while the Federal Reserve got the desired outcome of increasing asset prices,&nbsp;“quantitative easing”&nbsp;failed to&nbsp;“trickle down.”&nbsp;</i>\n <i><b>Despite the massive expansion of the Fed’s balance sheet and the surge in asset prices, there was relatively little translation into wages, full-time employment, or corporate profits after tax which ultimately triggered very little economic growth.</b></i>\n <i>“</i>\n</blockquote>\n<p><img src=\"https://static.tigerbbs.com/923d35054ec8eb34d9d199db7ba16dff\" tg-width=\"1280\" tg-height=\"731\" width=\"100%\" height=\"auto\"><i><b>“Since 2007, the stock market returned nearly 200%, which is more than twice the growth in GDP and nearly 4-times the growth in corporate revenue.</b></i><i>(I use SALES growth as it happens at the top line of income statements and is not subject to as much manipulation.)”</i></p>\n<p><img src=\"https://static.tigerbbs.com/d910672559685cf118f6432ec179f623\" tg-width=\"816\" tg-height=\"460\" width=\"100%\" height=\"auto\">Again, it was all going according to plan, sort of.</p>\n<p>Until now.</p>\n<p>Did The Monetary Policy Experiment Just Fail?</p>\n<blockquote>\n <i><b>“Over the past half century, the Sentiment Index has only recorded larger losses in six other surveys, all connected to sudden negative changes in the economy,”</b></i>\n <i>&nbsp;Richard Curtin, chief economist for the University of Michigan’s Surveys of Consumers, said in a release.&nbsp;</i>\n <i><b>Two of those larger month-over-month movers were April 2020 amid the pandemic and October 2008, during the financial crisis.”</b></i>\n <i>&nbsp;– CNBC</i>\n</blockquote>\n<p>The decline was extremely sharp.</p>\n<blockquote>\n <i>“Not only was the release dramatically worse than the last update, but it was a huge miss relative to expectations.&nbsp;Today’s release came in 11 points below expectations.&nbsp;The only other month going back to 1999 that even comes close was a 9.9 point miss in February 2004.”</i>&nbsp;–&nbsp;\n <i>Bespoke Investment Group</i>\n</blockquote>\n<p><img src=\"https://static.tigerbbs.com/48d9e9971844a0831e2d30ca9b39ccf1\" tg-width=\"643\" tg-height=\"446\" width=\"100%\" height=\"auto\"></p>\n<p>The mainstream analysis missed that the correlation between confidence and markets broke down in 2019. Notably, while the Fed is engaged in monetizing $120 billion in debt monthly, higher asset prices isn’t inflating confidence.</p>\n<p><img src=\"https://static.tigerbbs.com/0c81d4d0c3d54051c8dcbb6f97c1132c\" tg-width=\"817\" tg-height=\"449\" width=\"100%\" height=\"auto\"></p>\n<p>That breakdown of consumer confidence will likely show up in consumption in the coming quarter. Such is mainly due to stimulus and other financial supports fading.</p>\n<p><img src=\"https://static.tigerbbs.com/2b4f7d9af8367c18d35e786425f006f9\" tg-width=\"805\" tg-height=\"521\" width=\"100%\" height=\"auto\"></p>\n<p>A decent warning sign such may be the case was the weak retail sales report this past week. The large gap between retail sales and employment will likely get filled sooner than expected and not necessarily by higher employment.</p>\n<p><img src=\"https://static.tigerbbs.com/fa41872f9faf9a53e0b2b8c568860dc6\" tg-width=\"1009\" tg-height=\"557\" width=\"100%\" height=\"auto\">If the most giant&nbsp;<i>“monetary policy experiment”</i>&nbsp;just failed, the Fed has an enormous problem.</p>\n<p><b>The Problem For The Fed</b></p>\n<p>Over the next couple of weeks, all eyes are on the Fed. Lately, there has been an abundance of communication from Fed members discussing the need to&nbsp;<i>“taper”</i>&nbsp;its monetary interventions.</p>\n<p>As Morgan Stanley recently noted:</p>\n<blockquote>\n <i>“If the July FOMC minutes suggest that there was strong consensus and Chair Powell’s indication on tapering at Jackson Hole is therefore much firmer, we could see that as consistent with the FOMC gearing up to move on tapering sooner.”</i>\n</blockquote>\n<p>Such is something the markets are probably not ready for.</p>\n<p>So far, market participants have ignored weakening economic data, the collapse of Afghanistan, and rising risks of infections across the U.S.&nbsp;<b>As long as the Fed is engaged in providing liquidity, the&nbsp;</b><b><i>“risk of missing out”</i></b><b>&nbsp;outweighs being more conservative with allocations.</b></p>\n<p>However, the Fed remains trapped between two very tough policy choices.</p>\n<p><b>The system has elevated inflation levels, as indicated by the spread between the PPI and CPI inflation measures.</b>Currently, with PPI at the highest spread to CPI in history, it suggests producers can’t pass on costs to customers.&nbsp;<b>Such equates to weaker profit margins and earnings in the future.</b>However, if they elect to pass those costs onto consumers, such will raise living costs well above wages.</p>\n<p><img src=\"https://static.tigerbbs.com/dbb6d94a3f3346f37f7cfb8fe9fcbf80\" tg-width=\"966\" tg-height=\"514\" width=\"100%\" height=\"auto\">With unemployment levels dropping, and inflation rising, the Fed should be tapering monetary policy.</p>\n<p>However, the reduction in liquidity will trigger a decline in asset prices, hinder consumer confidence, and contract economic growth further.</p>\n<p>It’s a tough choice.</p>\n<p><b>Conclusion</b></p>\n<p>We agree with Morgan Stanley’s assessment on the likely path of “taper” when it comes.</p>\n<blockquote>\n <i>“</i>\n <i><b>The path of least resistance is to follow the path most traveled, that is, the playbook established in the last cycle when the Fed began to reduce its purchases of longer-term assets following the 2013 taper tantrum.</b></i>\n <i>&nbsp;That playbook included a long lead-time to signal the start, a promise that tapering would be gradual and flexible,</i>\n <i><b>&nbsp;and assurances to the market that tapering would have nothing to do with the timing of first rate hike.</b></i>\n <i>&nbsp;Indeed, the Fed did not first raise rates until six months following the end of tapering.”</i>\n</blockquote>\n<p>While such is undoubtedly the path of least resistance, it is unlikely the market will like it much. As discussed in<b>&nbsp;</b><b><i>“3-Signs Of The Next Bear Market:”</i></b></p>\n<blockquote>\n <i>“Therefore, it should also not be surprising that when the Fed starts&nbsp;‘tapering’&nbsp;their bond purchases, the market tends to witness increased volatility. The grey shaded bars in the chart below show when the balance sheet is either flat or contracting.”</i>\n</blockquote>\n<p><img src=\"https://static.tigerbbs.com/3897c4cb768c4b4b960e6bc88b8444fe\" tg-width=\"962\" tg-height=\"563\" width=\"100%\" height=\"auto\">Notably, the time from the initial tapering of assets and a market correction is almost immediate.</p>\n<p>If&nbsp;<i>“monetary policy”</i>&nbsp;has lost effectiveness in supporting consumer confidence and “animal spirits,” the significant risk to investors could be a market decline the Fed cannot halt.</p>\n<p>Currently, investors are highly confident the Fed can support markets against any risk.</p>\n<p>But what if they can’t?</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>Did The Fed's Monetary Policy Experiment Just Fail?</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\">\nDid The Fed's Monetary Policy Experiment Just Fail?\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-08-20 22:52 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.zerohedge.com/markets/did-feds-monetary-policy-experiment-just-fail><strong>zerohedge</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Did the Fed’s “monetary policy experiment” fail? The recent dislocation between consumer confidence and the financial markets may indicate just that.\n\n“U.S. consumer sentiment dropped sharply in early...</p>\n\n<a href=\"https://www.zerohedge.com/markets/did-feds-monetary-policy-experiment-just-fail\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".SPX":"S&P 500 Index",".IXIC":"NASDAQ Composite",".DJI":"道琼斯","SPY":"标普500ETF"},"source_url":"https://www.zerohedge.com/markets/did-feds-monetary-policy-experiment-just-fail","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1102227761","content_text":"Did the Fed’s “monetary policy experiment” fail? The recent dislocation between consumer confidence and the financial markets may indicate just that.\n\n“U.S. consumer sentiment dropped sharply in early August to its lowest level in a decade, in a worrying sign for the economy as Americans gave faltering outlooks on everything from personal finances to inflation and employment,” – Reuters\n\nHowever, to understand why I am asking the question, we have to revisit whatBen Bernanke said in 2010 to support the idea of a second round of “Quantitative Easing.”\n\n“This approach eased financial conditions in the past and, so far, looks to be effective again. Stock prices rose, and long-term interest rates fell when investors began to anticipate the most recent action.\n Easier financial conditions will promote economic growth. For example, lower mortgage rates will make housing more affordable and allow more homeowners to refinance. Lower corporate bond rates will encourage investment. \nAnd higher stock prices will boost consumer wealth and help increase confidence, which can also spur spending.”\n\nWhat he is referring to is known as “Animal Spirits.”\nAnimal spirits came from the Latin term “spiritus animals,” which means the “breath that awakens the human mind.”Its modern usage came about in John Maynard Keynes’ 1936 publication, “The General Theory of Employment, Interest, and Money.”Ultimately, “animal spirits was adopted by Wall Street to describe the psychological factors driving investor actions.\nSpecifically, Ben Bernanke realized that investors would respond to that stimulus and increase asset prices by providing accommodation.\nIn other words, as long as individuals “believe” the Fed is lifting asset prices higher, they take action buying stocks and driving asset prices higher. Thus, investor actions deliver the desired outcome.\nIt Was All Going According To Plan\nSince the Fed began its monetary interventions, the correlation between the asset prices and confidence remains high.\nAs noted, the entire premise of monetary policy was to spur consumer spending. Everything seemed to be according to plan.\n\nThe problem was that while the Fed lifted asset prices, the economy didn’t strengthen as expected. As discussed recently:\n\n“However, while the Federal Reserve got the desired outcome of increasing asset prices, “quantitative easing” failed to “trickle down.” \nDespite the massive expansion of the Fed’s balance sheet and the surge in asset prices, there was relatively little translation into wages, full-time employment, or corporate profits after tax which ultimately triggered very little economic growth.\n“\n\n“Since 2007, the stock market returned nearly 200%, which is more than twice the growth in GDP and nearly 4-times the growth in corporate revenue.(I use SALES growth as it happens at the top line of income statements and is not subject to as much manipulation.)”\nAgain, it was all going according to plan, sort of.\nUntil now.\nDid The Monetary Policy Experiment Just Fail?\n\n“Over the past half century, the Sentiment Index has only recorded larger losses in six other surveys, all connected to sudden negative changes in the economy,”\n Richard Curtin, chief economist for the University of Michigan’s Surveys of Consumers, said in a release. \nTwo of those larger month-over-month movers were April 2020 amid the pandemic and October 2008, during the financial crisis.”\n – CNBC\n\nThe decline was extremely sharp.\n\n“Not only was the release dramatically worse than the last update, but it was a huge miss relative to expectations. Today’s release came in 11 points below expectations. The only other month going back to 1999 that even comes close was a 9.9 point miss in February 2004.” – \n Bespoke Investment Group\n\n\nThe mainstream analysis missed that the correlation between confidence and markets broke down in 2019. Notably, while the Fed is engaged in monetizing $120 billion in debt monthly, higher asset prices isn’t inflating confidence.\n\nThat breakdown of consumer confidence will likely show up in consumption in the coming quarter. Such is mainly due to stimulus and other financial supports fading.\n\nA decent warning sign such may be the case was the weak retail sales report this past week. The large gap between retail sales and employment will likely get filled sooner than expected and not necessarily by higher employment.\nIf the most giant “monetary policy experiment” just failed, the Fed has an enormous problem.\nThe Problem For The Fed\nOver the next couple of weeks, all eyes are on the Fed. Lately, there has been an abundance of communication from Fed members discussing the need to “taper” its monetary interventions.\nAs Morgan Stanley recently noted:\n\n“If the July FOMC minutes suggest that there was strong consensus and Chair Powell’s indication on tapering at Jackson Hole is therefore much firmer, we could see that as consistent with the FOMC gearing up to move on tapering sooner.”\n\nSuch is something the markets are probably not ready for.\nSo far, market participants have ignored weakening economic data, the collapse of Afghanistan, and rising risks of infections across the U.S. As long as the Fed is engaged in providing liquidity, the “risk of missing out” outweighs being more conservative with allocations.\nHowever, the Fed remains trapped between two very tough policy choices.\nThe system has elevated inflation levels, as indicated by the spread between the PPI and CPI inflation measures.Currently, with PPI at the highest spread to CPI in history, it suggests producers can’t pass on costs to customers. Such equates to weaker profit margins and earnings in the future.However, if they elect to pass those costs onto consumers, such will raise living costs well above wages.\nWith unemployment levels dropping, and inflation rising, the Fed should be tapering monetary policy.\nHowever, the reduction in liquidity will trigger a decline in asset prices, hinder consumer confidence, and contract economic growth further.\nIt’s a tough choice.\nConclusion\nWe agree with Morgan Stanley’s assessment on the likely path of “taper” when it comes.\n\n“\nThe path of least resistance is to follow the path most traveled, that is, the playbook established in the last cycle when the Fed began to reduce its purchases of longer-term assets following the 2013 taper tantrum.\n That playbook included a long lead-time to signal the start, a promise that tapering would be gradual and flexible,\n and assurances to the market that tapering would have nothing to do with the timing of first rate hike.\n Indeed, the Fed did not first raise rates until six months following the end of tapering.”\n\nWhile such is undoubtedly the path of least resistance, it is unlikely the market will like it much. As discussed in “3-Signs Of The Next Bear Market:”\n\n“Therefore, it should also not be surprising that when the Fed starts ‘tapering’ their bond purchases, the market tends to witness increased volatility. The grey shaded bars in the chart below show when the balance sheet is either flat or contracting.”\n\nNotably, the time from the initial tapering of assets and a market correction is almost immediate.\nIf “monetary policy” has lost effectiveness in supporting consumer confidence and “animal spirits,” the significant risk to investors could be a market decline the Fed cannot halt.\nCurrently, investors are highly confident the Fed can support markets against any risk.\nBut what if they can’t?","news_type":1,"symbols_score_info":{".DJI":0.9,".SPX":0.9,".IXIC":0.9,"SPY":0.9}},"isVote":1,"tweetType":1,"viewCount":802,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":818196557,"gmtCreate":1630381671379,"gmtModify":1676530287185,"author":{"id":"3574543568455317","authorId":"3574543568455317","name":"J0E","avatar":"https://static.tigerbbs.com/99608013a269b8a017f9553f07dd5f19","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3574543568455317","idStr":"3574543568455317"},"themes":[],"htmlText":"Please like and comment, thanks","listText":"Please like and comment, thanks","text":"Please like and comment, thanks","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":9,"commentSize":8,"repostSize":0,"link":"https://ttm.financial/post/818196557","repostId":"2163839150","repostType":4,"repost":{"id":"2163839150","kind":"highlight","weMediaInfo":{"introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"media_name":"Reuters","id":"1036604489","head_image":"https://static.tigerbbs.com/443ce19704621c837795676028cec868"},"pubTimestamp":1630371655,"share":"https://ttm.financial/m/news/2163839150?lang=en_US&edition=fundamental","pubTime":"2021-08-31 09:00","market":"sh","language":"en","title":"China's factory activity expands at slower pace in August -official PMI","url":"https://stock-news.laohu8.com/highlight/detail?id=2163839150","media":"Reuters","summary":"BEIJING, Aug 31 (Reuters) - China's factory activity expanded at a slower pace in August as coronavi","content":"<p>BEIJING, Aug 31 (Reuters) - China's factory activity expanded at a slower pace in August as coronavirus-related restrictions and high raw material prices pressure manufacturers in the world's second largest economy.</p>\n<p>The official manufacturing Purchasing Manager's Index <a href=\"https://laohu8.com/S/PMI.UK\">$(PMI.UK)$</a> was 50.1 in August from 50.4 in July, data from the National Bureau of Statistics <a href=\"https://laohu8.com/S/NBS\">$(NBS)$</a> showed on Tuesday.</p>\n<p>The 50-point mark separates growth from contraction. Analysts had expected it to slip to 50.2.</p>\n<p>China staged an impressive recovery from a coronavirus-battered slump, but growth has recently shown signs of losing momentum due to domestic COVID-19 outbreaks, slowing exports, tighter measures to tame hot property prices and a campaign to reduce carbon emissions.</p>\n<p>(Reporting by Gabriel Crossley Editing by Shri Navaratnam)</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>China's factory activity expands at slower pace in August -official PMI</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\">\nChina's factory activity expands at slower pace in August -official PMI\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1036604489\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/443ce19704621c837795676028cec868);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Reuters </p>\n<p class=\"h-time\">2021-08-31 09:00</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>BEIJING, Aug 31 (Reuters) - China's factory activity expanded at a slower pace in August as coronavirus-related restrictions and high raw material prices pressure manufacturers in the world's second largest economy.</p>\n<p>The official manufacturing Purchasing Manager's Index <a href=\"https://laohu8.com/S/PMI.UK\">$(PMI.UK)$</a> was 50.1 in August from 50.4 in July, data from the National Bureau of Statistics <a href=\"https://laohu8.com/S/NBS\">$(NBS)$</a> showed on Tuesday.</p>\n<p>The 50-point mark separates growth from contraction. Analysts had expected it to slip to 50.2.</p>\n<p>China staged an impressive recovery from a coronavirus-battered slump, but growth has recently shown signs of losing momentum due to domestic COVID-19 outbreaks, slowing exports, tighter measures to tame hot property prices and a campaign to reduce carbon emissions.</p>\n<p>(Reporting by Gabriel Crossley Editing by Shri Navaratnam)</p>\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","HSI":"恒生指数"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2163839150","content_text":"BEIJING, Aug 31 (Reuters) - China's factory activity expanded at a slower pace in August as coronavirus-related restrictions and high raw material prices pressure manufacturers in the world's second largest economy.\nThe official manufacturing Purchasing Manager's Index $(PMI.UK)$ was 50.1 in August from 50.4 in July, data from the National Bureau of Statistics $(NBS)$ showed on Tuesday.\nThe 50-point mark separates growth from contraction. Analysts had expected it to slip to 50.2.\nChina staged an impressive recovery from a coronavirus-battered slump, but growth has recently shown signs of losing momentum due to domestic COVID-19 outbreaks, slowing exports, tighter measures to tame hot property prices and a campaign to reduce carbon emissions.\n(Reporting by Gabriel Crossley Editing by Shri Navaratnam)","news_type":1,"symbols_score_info":{"399001":0.9,"399006":0.9,"000001.SH":0.9,"HSI":0.9}},"isVote":1,"tweetType":1,"viewCount":533,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":802909650,"gmtCreate":1627703295870,"gmtModify":1703494988860,"author":{"id":"3574543568455317","authorId":"3574543568455317","name":"J0E","avatar":"https://static.tigerbbs.com/99608013a269b8a017f9553f07dd5f19","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3574543568455317","idStr":"3574543568455317"},"themes":[],"htmlText":"Please like and comment, thanks!","listText":"Please like and comment, thanks!","text":"Please like and comment, thanks!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":11,"commentSize":6,"repostSize":0,"link":"https://ttm.financial/post/802909650","repostId":"1194710219","repostType":4,"repost":{"id":"1194710219","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":1627652868,"share":"https://ttm.financial/m/news/1194710219?lang=en_US&edition=fundamental","pubTime":"2021-07-30 21:47","market":"us","language":"en","title":"EV Stocks surged in Friday morning trading","url":"https://stock-news.laohu8.com/highlight/detail?id=1194710219","media":"Tiger Newspress","summary":"EV Stocks surged in Friday morning trading.Tesla,Nio,Xpeng Motors and Li Auto&nbsp;climbed between 1% and 6%.","content":"<p>EV Stocks surged in Friday morning trading.Tesla,Nio,Xpeng Motors and Li Auto&nbsp;climbed between 1% and 6%.</p>\n<p><img src=\"https://static.tigerbbs.com/c821968998f7b667eae78a4ed3ede421\" tg-width=\"352\" tg-height=\"594\" width=\"100%\" height=\"auto\"></p>\n<p></p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>EV Stocks surged in Friday morning 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\">\nEV Stocks surged in Friday morning 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\">2021-07-30 21:47</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>EV Stocks surged in Friday morning trading.Tesla,Nio,Xpeng Motors and Li Auto&nbsp;climbed between 1% and 6%.</p>\n<p><img src=\"https://static.tigerbbs.com/c821968998f7b667eae78a4ed3ede421\" tg-width=\"352\" tg-height=\"594\" width=\"100%\" height=\"auto\"></p>\n<p></p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"NIO":"蔚来","TSLA":"特斯拉","NIU":"小牛电动","LI":"理想汽车","XPEV":"小鹏汽车"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1194710219","content_text":"EV Stocks surged in Friday morning trading.Tesla,Nio,Xpeng Motors and Li Auto climbed between 1% and 6%.","news_type":1,"symbols_score_info":{"TSLA":0.9,"NIO":0.9,"XPEV":0.9,"LI":0.9,"NIU":0.9}},"isVote":1,"tweetType":1,"viewCount":582,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":126579685,"gmtCreate":1624580144047,"gmtModify":1703840739831,"author":{"id":"3574543568455317","authorId":"3574543568455317","name":"J0E","avatar":"https://static.tigerbbs.com/99608013a269b8a017f9553f07dd5f19","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3574543568455317","idStr":"3574543568455317"},"themes":[],"htmlText":"Please like and comment, thanks!","listText":"Please like and comment, thanks!","text":"Please like and comment, thanks!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":7,"commentSize":8,"repostSize":0,"link":"https://ttm.financial/post/126579685","repostId":"2146255080","repostType":4,"repost":{"id":"2146255080","kind":"highlight","weMediaInfo":{"introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"media_name":"Reuters","id":"1036604489","head_image":"https://static.tigerbbs.com/443ce19704621c837795676028cec868"},"pubTimestamp":1624577871,"share":"https://ttm.financial/m/news/2146255080?lang=en_US&edition=fundamental","pubTime":"2021-06-25 07:37","market":"sh","language":"en","title":"Chinese ride-hailing giant DiDi targets over $60 bln valuation in NYSE debut","url":"https://stock-news.laohu8.com/highlight/detail?id=2146255080","media":"Reuters","summary":"June 24 (Reuters) - DiDi Global Inc , China's largest ride-hailing company, is aiming for a valuatio","content":"<p>June 24 (Reuters) - DiDi Global Inc , China's largest ride-hailing company, is aiming for a valuation of more than $60 billion in its New York Stock Exchange debut, setting it up for what is likely to be the biggest U.S. initial public offering (IPO) this year.</p>\n<p>It set a price range of between $13 and $14 per American Depositary Share (ADS) and said it would offer 288 million such shares in its IPO. At the upper end of the price range, DiDi expects to raise a little more than $4 billion.</p>\n<p>Four ADSs represent one Class A ordinary share, it said in a regulatory filing on Thursday that was registered under its formal name Xiaoju Kuaizhi Inc.</p>\n<p>The IPO will be the one of the biggest share sales by any Chinese company in the United States since Alibaba raised $25 billion in 2014.</p>\n<p>However, the terms of the offering suggest a conservative approach from DiDi, which had at one point been in talks to raise as much as $10 billion at a valuation of nearly $100 billion.&nbsp;</p>\n<p>The company is backed by Asia's largest technology investment firms including SoftBank Group Corp(9984.T), Alibaba Group Holdings(9988.HK)and Tencent Holdings(0700.HK).</p>\n<p>Before settling for a New York float, DiDi had considered Hong Kong as a potential listing venue for a multi-billion dollar IPO in 2021.</p>\n<p>Excluding China, DiDi, the world's largest mobility-technology platform, operates in 15 countries and has more than 493 million annual active users globally.</p>\n<p>It counts as its core business a mobile app used to hail taxis, privately owned cars, car-pool options and even buses in some cities.</p>\n<p>It became the top online ride-hailing business in China after market-share battles with Alibaba-backed Kuaidi and Silicon Valley-based Uber's China unit, both of which were merged with DiDi when investors sought profit from the money-losing businesses.</p>\n<p>In 2016, Uber Technologies Inc(UBER.N)sold its operation to DiDi for a 17.5% stake in the Chinese firm, which also made a $1 billion investment in Uber. The U.S. firm now owns 12.8% stake in DiDi, according to the IPO filings.</p>\n<p>In addition to ride-sharing, DiDi operates different businesses around mobility, including electric vehicle charging networks, fleet management, car making and autonomous driving.</p>\n<p>Goldman Sachs (Asia), Morgan Stanley and J.P. Morgan are the lead underwriters.</p>\n<p>DiDi added more than a dozen new ones on Thursday, including BofA Securities, Barclays, China Renaissance, Citigroup, HSBC and UBS Investment Bank.</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>Chinese ride-hailing giant DiDi targets over $60 bln valuation in NYSE debut</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\">\nChinese ride-hailing giant DiDi targets over $60 bln valuation in NYSE debut\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1036604489\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/443ce19704621c837795676028cec868);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Reuters </p>\n<p class=\"h-time\">2021-06-25 07:37</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>June 24 (Reuters) - DiDi Global Inc , China's largest ride-hailing company, is aiming for a valuation of more than $60 billion in its New York Stock Exchange debut, setting it up for what is likely to be the biggest U.S. initial public offering (IPO) this year.</p>\n<p>It set a price range of between $13 and $14 per American Depositary Share (ADS) and said it would offer 288 million such shares in its IPO. At the upper end of the price range, DiDi expects to raise a little more than $4 billion.</p>\n<p>Four ADSs represent one Class A ordinary share, it said in a regulatory filing on Thursday that was registered under its formal name Xiaoju Kuaizhi Inc.</p>\n<p>The IPO will be the one of the biggest share sales by any Chinese company in the United States since Alibaba raised $25 billion in 2014.</p>\n<p>However, the terms of the offering suggest a conservative approach from DiDi, which had at one point been in talks to raise as much as $10 billion at a valuation of nearly $100 billion.&nbsp;</p>\n<p>The company is backed by Asia's largest technology investment firms including SoftBank Group Corp(9984.T), Alibaba Group Holdings(9988.HK)and Tencent Holdings(0700.HK).</p>\n<p>Before settling for a New York float, DiDi had considered Hong Kong as a potential listing venue for a multi-billion dollar IPO in 2021.</p>\n<p>Excluding China, DiDi, the world's largest mobility-technology platform, operates in 15 countries and has more than 493 million annual active users globally.</p>\n<p>It counts as its core business a mobile app used to hail taxis, privately owned cars, car-pool options and even buses in some cities.</p>\n<p>It became the top online ride-hailing business in China after market-share battles with Alibaba-backed Kuaidi and Silicon Valley-based Uber's China unit, both of which were merged with DiDi when investors sought profit from the money-losing businesses.</p>\n<p>In 2016, Uber Technologies Inc(UBER.N)sold its operation to DiDi for a 17.5% stake in the Chinese firm, which also made a $1 billion investment in Uber. The U.S. firm now owns 12.8% stake in DiDi, according to the IPO filings.</p>\n<p>In addition to ride-sharing, DiDi operates different businesses around mobility, including electric vehicle charging networks, fleet management, car making and autonomous driving.</p>\n<p>Goldman Sachs (Asia), Morgan Stanley and J.P. Morgan are the lead underwriters.</p>\n<p>DiDi added more than a dozen new ones on Thursday, including BofA Securities, Barclays, China Renaissance, Citigroup, HSBC and UBS Investment Bank.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"DIDI":"滴滴(已退市)","UBER":"优步"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2146255080","content_text":"June 24 (Reuters) - DiDi Global Inc , China's largest ride-hailing company, is aiming for a valuation of more than $60 billion in its New York Stock Exchange debut, setting it up for what is likely to be the biggest U.S. initial public offering (IPO) this year.\nIt set a price range of between $13 and $14 per American Depositary Share (ADS) and said it would offer 288 million such shares in its IPO. At the upper end of the price range, DiDi expects to raise a little more than $4 billion.\nFour ADSs represent one Class A ordinary share, it said in a regulatory filing on Thursday that was registered under its formal name Xiaoju Kuaizhi Inc.\nThe IPO will be the one of the biggest share sales by any Chinese company in the United States since Alibaba raised $25 billion in 2014.\nHowever, the terms of the offering suggest a conservative approach from DiDi, which had at one point been in talks to raise as much as $10 billion at a valuation of nearly $100 billion. \nThe company is backed by Asia's largest technology investment firms including SoftBank Group Corp(9984.T), Alibaba Group Holdings(9988.HK)and Tencent Holdings(0700.HK).\nBefore settling for a New York float, DiDi had considered Hong Kong as a potential listing venue for a multi-billion dollar IPO in 2021.\nExcluding China, DiDi, the world's largest mobility-technology platform, operates in 15 countries and has more than 493 million annual active users globally.\nIt counts as its core business a mobile app used to hail taxis, privately owned cars, car-pool options and even buses in some cities.\nIt became the top online ride-hailing business in China after market-share battles with Alibaba-backed Kuaidi and Silicon Valley-based Uber's China unit, both of which were merged with DiDi when investors sought profit from the money-losing businesses.\nIn 2016, Uber Technologies Inc(UBER.N)sold its operation to DiDi for a 17.5% stake in the Chinese firm, which also made a $1 billion investment in Uber. The U.S. firm now owns 12.8% stake in DiDi, according to the IPO filings.\nIn addition to ride-sharing, DiDi operates different businesses around mobility, including electric vehicle charging networks, fleet management, car making and autonomous driving.\nGoldman Sachs (Asia), Morgan Stanley and J.P. Morgan are the lead underwriters.\nDiDi added more than a dozen new ones on Thursday, including BofA Securities, Barclays, China Renaissance, Citigroup, HSBC and UBS Investment Bank.","news_type":1,"symbols_score_info":{"DIDI":0.9,"UBER":0.9}},"isVote":1,"tweetType":1,"viewCount":742,"authorTweetTopStatus":1,"verified":2,"comments":[{"author":{"id":"3576260758860416","authorId":"3576260758860416","name":"andrew123","avatar":"https://community-static.tradeup.com/news/f2a1eaba26272212d42018e60e78b422","crmLevel":4,"crmLevelSwitch":0,"authorIdStr":"3576260758860416","idStr":"3576260758860416"},"content":"like yrs u like mine.ok.tks","text":"like yrs u like mine.ok.tks","html":"like yrs u like mine.ok.tks"}],"imageCount":0,"langContent":"EN","totalScore":0},{"id":898347696,"gmtCreate":1628475526015,"gmtModify":1703506642479,"author":{"id":"3574543568455317","authorId":"3574543568455317","name":"J0E","avatar":"https://static.tigerbbs.com/99608013a269b8a017f9553f07dd5f19","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3574543568455317","idStr":"3574543568455317"},"themes":[],"htmlText":"Please like and comment, thanks!","listText":"Please like and comment, thanks!","text":"Please like and comment, thanks!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":8,"repostSize":0,"link":"https://ttm.financial/post/898347696","repostId":"1136322726","repostType":4,"isVote":1,"tweetType":1,"viewCount":822,"authorTweetTopStatus":1,"verified":2,"comments":[{"author":{"id":"3581477238019949","authorId":"3581477238019949","name":"ojxp","avatar":"https://static.tigerbbs.com/f1cc2cda3ae5a57a5a3b43f6c0c4e93e","crmLevel":2,"crmLevelSwitch":0,"authorIdStr":"3581477238019949","idStr":"3581477238019949"},"content":"Comment back please","text":"Comment back please","html":"Comment back please"}],"imageCount":0,"langContent":"EN","totalScore":0},{"id":145494199,"gmtCreate":1626235291911,"gmtModify":1703756078756,"author":{"id":"3574543568455317","authorId":"3574543568455317","name":"J0E","avatar":"https://static.tigerbbs.com/99608013a269b8a017f9553f07dd5f19","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3574543568455317","idStr":"3574543568455317"},"themes":[],"htmlText":"Please like and comment, thanks!","listText":"Please like and comment, thanks!","text":"Please like and comment, thanks!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":10,"commentSize":6,"repostSize":0,"link":"https://ttm.financial/post/145494199","repostId":"2151560584","repostType":4,"repost":{"id":"2151560584","kind":"highlight","weMediaInfo":{"introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"media_name":"Reuters","id":"1036604489","head_image":"https://static.tigerbbs.com/443ce19704621c837795676028cec868"},"pubTimestamp":1626207238,"share":"https://ttm.financial/m/news/2151560584?lang=en_US&edition=fundamental","pubTime":"2021-07-14 04:13","market":"us","language":"en","title":"S&P 500 and Nasdaq end down after hitting record highs","url":"https://stock-news.laohu8.com/highlight/detail?id=2151560584","media":"Reuters","summary":"JPMorgan drops amid low interest rates\nU.S. consumer prices surge in June\nBoeing slips on new produc","content":"<ul>\n <li>JPMorgan drops amid low interest rates</li>\n <li>U.S. consumer prices surge in June</li>\n <li>Boeing slips on new production problems for 787 Dreamliners</li>\n <li>Indexes: Dow -0.31%, S&amp;P 500 -0.35%, Nasdaq -0.38%</li>\n</ul>\n<p>(Updates following end of session)</p>\n<p>July 13 (Reuters) - The S&amp;P 500 and Nasdaq ended lower on Tuesday after hitting record highs earlier in the session, with investors digesting a jump in consumer prices in June and earnings from JPMorgan and Goldman Sachs that kicked off the quarterly reporting season.</p>\n<p>The S&amp;P 500 and Nasdaq reached fresh record highs but quickly fell into negative territory after an auction of 30-year Treasuries showed less demand than some investors expected and pushed yields higher.</p>\n<p>Data indicated U.S. consumer prices rose by the most in 13 years last month, while so-called core consumer prices surged 4.5% year over year, the largest rise since November 1991.</p>\n<p>Economists viewed the price surge, driven by travel-rated services and used automobiles, as mostly temporary, aligning with Federal Reserve Chair Jerome Powell's long-standing views.</p>\n<p>\"Any time you get an uptick in interest rates the stock market is going to get nervous, especially on a day like today,\" said Joe Saluzzi, co-manager of trading at Themis Trading in Chatham, New Jersey.</p>\n<p>The S&amp;P 500 growth index dipped 0.05%, while the value index fell 0.70%.</p>\n<p>\"With growth outperforming value, the takeaway is clearly that inflation from a market perspective is not a real threat in the long term,\" said Keith Buchanan, a portfolio manager at GLOBALT Investments in Atlanta, Georgia.</p>\n<p>Ten of the 11 major S&amp;P 500 sector indexes ended lower, with real estate , consumer discretionary and financials each down more than 1%.</p>\n<p>JPMorgan Chase &amp; Co stock fell 1.5% after the company reported blockbuster quarterly profit growth but warned that the sunny outlook would not make for blockbuster revenues in the short term due to low interest rates.</p>\n<p>Goldman Sachs Group Inc dipped 1.2% after its quarterly earnings exceeded forecasts.</p>\n<p>Citigroup , Wells Fargo &amp; Co and Bank of America were due to report their quarterly results early on Wednesday.</p>\n<p>PepsiCo Inc gained 2.3% after raising its full-year earnings forecast, betting on accelerating demand as COVID-19 restrictions continue to ease.</p>\n<p>June-quarter earnings per share for S&amp;P 500 companies are expected to rise 66%, according to Refinitiv data, with investors questioning how long Wall Street's rally would last after a 16% rise in the benchmark index so far this year.</p>\n<p>All eyes now turn to Fed Chair Jerome Powell's congressional testimony on Wednesday and Thursday for his comments about rising price pressures and monetary support going forward.</p>\n<p>The Dow Jones Industrial Average fell 0.31% to end at 34,888.79 points, while the S&amp;P 500 lost 0.35% to 4,369.21.</p>\n<p>The Nasdaq Composite dropped 0.38% to 14,677.65.</p>\n<p>Conagra Brands Inc dropped 5.4% after the packaged foods company warned that higher raw material and ingredient costs would take a bigger bite out of its profit this year than previously estimated.</p>\n<p>Boeing Co fell 4.2% after the Federal Aviation Administration said late on Monday some undelivered 787 Dreamliners have a new manufacturing quality issue.</p>\n<p>Declining issues outnumbered advancing ones on the NYSE by a 2.85-to-1 ratio; on Nasdaq, a 3.06-to-1 ratio favored decliners.</p>\n<p>The S&amp;P 500 posted 39 new 52-week highs and no new lows; the Nasdaq Composite recorded 61 new highs and 73 new lows.</p>\n<p>Volume on U.S. exchanges was 9.5 billion shares, compared with the 10.5 billion average for the full session over the last 20 trading days.</p>\n<p>(Additional reporting by Devik Jain and Shreyashi Sanyal in Bengaluru; Editing by Cynthia Osterman)</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>S&P 500 and Nasdaq end down after hitting record highs</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\">\nS&P 500 and Nasdaq end down after hitting record highs\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1036604489\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/443ce19704621c837795676028cec868);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Reuters </p>\n<p class=\"h-time\">2021-07-14 04:13</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<ul>\n <li>JPMorgan drops amid low interest rates</li>\n <li>U.S. consumer prices surge in June</li>\n <li>Boeing slips on new production problems for 787 Dreamliners</li>\n <li>Indexes: Dow -0.31%, S&amp;P 500 -0.35%, Nasdaq -0.38%</li>\n</ul>\n<p>(Updates following end of session)</p>\n<p>July 13 (Reuters) - The S&amp;P 500 and Nasdaq ended lower on Tuesday after hitting record highs earlier in the session, with investors digesting a jump in consumer prices in June and earnings from JPMorgan and Goldman Sachs that kicked off the quarterly reporting season.</p>\n<p>The S&amp;P 500 and Nasdaq reached fresh record highs but quickly fell into negative territory after an auction of 30-year Treasuries showed less demand than some investors expected and pushed yields higher.</p>\n<p>Data indicated U.S. consumer prices rose by the most in 13 years last month, while so-called core consumer prices surged 4.5% year over year, the largest rise since November 1991.</p>\n<p>Economists viewed the price surge, driven by travel-rated services and used automobiles, as mostly temporary, aligning with Federal Reserve Chair Jerome Powell's long-standing views.</p>\n<p>\"Any time you get an uptick in interest rates the stock market is going to get nervous, especially on a day like today,\" said Joe Saluzzi, co-manager of trading at Themis Trading in Chatham, New Jersey.</p>\n<p>The S&amp;P 500 growth index dipped 0.05%, while the value index fell 0.70%.</p>\n<p>\"With growth outperforming value, the takeaway is clearly that inflation from a market perspective is not a real threat in the long term,\" said Keith Buchanan, a portfolio manager at GLOBALT Investments in Atlanta, Georgia.</p>\n<p>Ten of the 11 major S&amp;P 500 sector indexes ended lower, with real estate , consumer discretionary and financials each down more than 1%.</p>\n<p>JPMorgan Chase &amp; Co stock fell 1.5% after the company reported blockbuster quarterly profit growth but warned that the sunny outlook would not make for blockbuster revenues in the short term due to low interest rates.</p>\n<p>Goldman Sachs Group Inc dipped 1.2% after its quarterly earnings exceeded forecasts.</p>\n<p>Citigroup , Wells Fargo &amp; Co and Bank of America were due to report their quarterly results early on Wednesday.</p>\n<p>PepsiCo Inc gained 2.3% after raising its full-year earnings forecast, betting on accelerating demand as COVID-19 restrictions continue to ease.</p>\n<p>June-quarter earnings per share for S&amp;P 500 companies are expected to rise 66%, according to Refinitiv data, with investors questioning how long Wall Street's rally would last after a 16% rise in the benchmark index so far this year.</p>\n<p>All eyes now turn to Fed Chair Jerome Powell's congressional testimony on Wednesday and Thursday for his comments about rising price pressures and monetary support going forward.</p>\n<p>The Dow Jones Industrial Average fell 0.31% to end at 34,888.79 points, while the S&amp;P 500 lost 0.35% to 4,369.21.</p>\n<p>The Nasdaq Composite dropped 0.38% to 14,677.65.</p>\n<p>Conagra Brands Inc dropped 5.4% after the packaged foods company warned that higher raw material and ingredient costs would take a bigger bite out of its profit this year than previously estimated.</p>\n<p>Boeing Co fell 4.2% after the Federal Aviation Administration said late on Monday some undelivered 787 Dreamliners have a new manufacturing quality issue.</p>\n<p>Declining issues outnumbered advancing ones on the NYSE by a 2.85-to-1 ratio; on Nasdaq, a 3.06-to-1 ratio favored decliners.</p>\n<p>The S&amp;P 500 posted 39 new 52-week highs and no new lows; the Nasdaq Composite recorded 61 new highs and 73 new lows.</p>\n<p>Volume on U.S. exchanges was 9.5 billion shares, compared with the 10.5 billion average for the full session over the last 20 trading days.</p>\n<p>(Additional reporting by Devik Jain and Shreyashi Sanyal in Bengaluru; Editing by Cynthia Osterman)</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"161125":"标普500","513500":"标普500ETF博时","OEF":"标普100指数ETF-iShares","QLD":"2倍做多纳斯达克100指数ETF-ProShares","SPXU":"三倍做空标普500ETF-ProShares","SSO":"2倍做多标普500ETF-ProShares",".IXIC":"NASDAQ Composite",".DJI":"道琼斯","TQQQ":"纳指三倍做多ETF","SPY":"标普500ETF","QID":"两倍做空纳斯达克指数ETF-ProShares","SH":"做空标普500-Proshares","PSQ":"做空纳斯达克100指数ETF-ProShares",".SPX":"S&P 500 Index","UPRO":"三倍做多标普500ETF-ProShares","SDS":"两倍做空标普500 ETF-ProShares","QQQ":"纳指100ETF","IVV":"标普500ETF-iShares","NDAQ":"纳斯达克OMX交易所","OEX":"标普100","SQQQ":"纳指三倍做空ETF"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2151560584","content_text":"JPMorgan drops amid low interest rates\nU.S. consumer prices surge in June\nBoeing slips on new production problems for 787 Dreamliners\nIndexes: Dow -0.31%, S&P 500 -0.35%, Nasdaq -0.38%\n\n(Updates following end of session)\nJuly 13 (Reuters) - The S&P 500 and Nasdaq ended lower on Tuesday after hitting record highs earlier in the session, with investors digesting a jump in consumer prices in June and earnings from JPMorgan and Goldman Sachs that kicked off the quarterly reporting season.\nThe S&P 500 and Nasdaq reached fresh record highs but quickly fell into negative territory after an auction of 30-year Treasuries showed less demand than some investors expected and pushed yields higher.\nData indicated U.S. consumer prices rose by the most in 13 years last month, while so-called core consumer prices surged 4.5% year over year, the largest rise since November 1991.\nEconomists viewed the price surge, driven by travel-rated services and used automobiles, as mostly temporary, aligning with Federal Reserve Chair Jerome Powell's long-standing views.\n\"Any time you get an uptick in interest rates the stock market is going to get nervous, especially on a day like today,\" said Joe Saluzzi, co-manager of trading at Themis Trading in Chatham, New Jersey.\nThe S&P 500 growth index dipped 0.05%, while the value index fell 0.70%.\n\"With growth outperforming value, the takeaway is clearly that inflation from a market perspective is not a real threat in the long term,\" said Keith Buchanan, a portfolio manager at GLOBALT Investments in Atlanta, Georgia.\nTen of the 11 major S&P 500 sector indexes ended lower, with real estate , consumer discretionary and financials each down more than 1%.\nJPMorgan Chase & Co stock fell 1.5% after the company reported blockbuster quarterly profit growth but warned that the sunny outlook would not make for blockbuster revenues in the short term due to low interest rates.\nGoldman Sachs Group Inc dipped 1.2% after its quarterly earnings exceeded forecasts.\nCitigroup , Wells Fargo & Co and Bank of America were due to report their quarterly results early on Wednesday.\nPepsiCo Inc gained 2.3% after raising its full-year earnings forecast, betting on accelerating demand as COVID-19 restrictions continue to ease.\nJune-quarter earnings per share for S&P 500 companies are expected to rise 66%, according to Refinitiv data, with investors questioning how long Wall Street's rally would last after a 16% rise in the benchmark index so far this year.\nAll eyes now turn to Fed Chair Jerome Powell's congressional testimony on Wednesday and Thursday for his comments about rising price pressures and monetary support going forward.\nThe Dow Jones Industrial Average fell 0.31% to end at 34,888.79 points, while the S&P 500 lost 0.35% to 4,369.21.\nThe Nasdaq Composite dropped 0.38% to 14,677.65.\nConagra Brands Inc dropped 5.4% after the packaged foods company warned that higher raw material and ingredient costs would take a bigger bite out of its profit this year than previously estimated.\nBoeing Co fell 4.2% after the Federal Aviation Administration said late on Monday some undelivered 787 Dreamliners have a new manufacturing quality issue.\nDeclining issues outnumbered advancing ones on the NYSE by a 2.85-to-1 ratio; on Nasdaq, a 3.06-to-1 ratio favored decliners.\nThe S&P 500 posted 39 new 52-week highs and no new lows; the Nasdaq Composite recorded 61 new highs and 73 new lows.\nVolume on U.S. exchanges was 9.5 billion shares, compared with the 10.5 billion average for the full session over the last 20 trading days.\n(Additional reporting by Devik Jain and Shreyashi Sanyal in Bengaluru; Editing by Cynthia Osterman)","news_type":1,"symbols_score_info":{"161125":0.9,"513500":0.9,"SSO":0.9,"SH":0.9,"QID":0.9,"NQmain":0.9,"SPY":0.9,".DJI":0.9,"QLD":0.9,"NDAQ":0.9,".SPX":0.9,"SDS":0.9,"UPRO":0.9,"OEF":0.9,"PSQ":0.9,"OEX":0.9,"SPXU":0.9,"QQQ":0.9,"MNQmain":0.9,"ESmain":0.9,".IXIC":0.9,"TQQQ":0.9,"IVV":0.9,"SQQQ":0.9}},"isVote":1,"tweetType":1,"viewCount":503,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":155231363,"gmtCreate":1625438132852,"gmtModify":1703741553720,"author":{"id":"3574543568455317","authorId":"3574543568455317","name":"J0E","avatar":"https://static.tigerbbs.com/99608013a269b8a017f9553f07dd5f19","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3574543568455317","idStr":"3574543568455317"},"themes":[],"htmlText":"Please like and comment, thanks!","listText":"Please like and comment, thanks!","text":"Please like and comment, thanks!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":8,"repostSize":0,"link":"https://ttm.financial/post/155231363","repostId":"1189605893","repostType":4,"isVote":1,"tweetType":1,"viewCount":454,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":893765305,"gmtCreate":1628301599407,"gmtModify":1703504768952,"author":{"id":"3574543568455317","authorId":"3574543568455317","name":"J0E","avatar":"https://static.tigerbbs.com/99608013a269b8a017f9553f07dd5f19","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3574543568455317","idStr":"3574543568455317"},"themes":[],"htmlText":"Please like and comment, thanks!","listText":"Please like and comment, thanks!","text":"Please like and comment, thanks!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":8,"repostSize":0,"link":"https://ttm.financial/post/893765305","repostId":"1180025090","repostType":4,"isVote":1,"tweetType":1,"viewCount":625,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":125626277,"gmtCreate":1624672382399,"gmtModify":1703843266239,"author":{"id":"3574543568455317","authorId":"3574543568455317","name":"J0E","avatar":"https://static.tigerbbs.com/99608013a269b8a017f9553f07dd5f19","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3574543568455317","idStr":"3574543568455317"},"themes":[],"htmlText":"Please like and comment, thanks!","listText":"Please like and comment, thanks!","text":"Please like and comment, 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