ShiJun personal page - To The Moon

ShiJun

ShiJun

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2021-03-31

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2021-03-30

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Singapore Hin Leong founder O.K. Lim faces another 23 forgery-related charges - prosecutor

2021-03-23

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Bitcoin, crypto investors will be watching these 5 questions facing the Biden administration

2021-04-15

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2021-04-05

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Why the drop in the unemployment rate to 6% doesn’t mean very much

2021-03-27

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Tesla Deliveries Are Coming. They Matter More Than Ever. Here’s What to Expect.

2021-03-15

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2021-04-16

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2021-04-01

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Go to Tiger App to see more news

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Let's fly to the moon together!Don't miss out on this egg-citing opportunity to win BIG! Join the game now and hop on your way to victory. 🥳🐣<a href=\"https://www.tigerbrokers.com.sg/activity/market/2023/easter/?adcode=20230316162207#/\" target=\"_blank\">Join our Easter campaign now</a>","text":"🐰🌷 Hop into the Easter spirit and join our \"Tiger's Egg Hunting\" game! 🎉Stand to win free Disney stocks and a USD 120 cash voucher!🎁🌟Our interactive Easter game is open to Tigers, and it's so easy to play! Simply jump and catch the egg, and you could be a lucky winner. 🐇That's not all. You can also invite your friends to join in the fun to earn more points. Plus, you can challenge your friends for a race up the leaderboard. Let's fly to the moon together!Don't miss out on this egg-citing opportunity to win BIG! Join the game now and hop on your way to victory. 🥳🐣Join our Easter campaign now","images":[{"img":"https://community-static.tradeup.com/news/c90a7371a3bcd1e6c552d2aa23f72c33","width":"1200","height":"630"}],"top":1,"highlighted":1,"essential":2,"paper":2,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9943960936","isVote":1,"tweetType":1,"viewCount":0,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},"isVote":1,"tweetType":1,"viewCount":1895,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":375761700,"gmtCreate":1619397613400,"gmtModify":1704723143333,"author":{"id":"3574944998215364","authorId":"3574944998215364","name":"ShiJun","avatar":"https://static.tigerbbs.com/545e0913498b32c1a00eeba1047a0c92","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3574944998215364","idStr":"3574944998215364"},"themes":[],"htmlText":"will def be watching","listText":"will def be watching","text":"will def be watching","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/375761700","repostId":"1184404050","repostType":4,"isVote":1,"tweetType":1,"viewCount":1934,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":372943577,"gmtCreate":1619171680499,"gmtModify":1704720741983,"author":{"id":"3574944998215364","authorId":"3574944998215364","name":"ShiJun","avatar":"https://static.tigerbbs.com/545e0913498b32c1a00eeba1047a0c92","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3574944998215364","idStr":"3574944998215364"},"themes":[],"htmlText":"dang","listText":"dang","text":"dang","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/372943577","repostId":"1102177995","repostType":4,"repost":{"id":"1102177995","kind":"news","pubTimestamp":1619170231,"share":"https://ttm.financial/m/news/1102177995?lang=en_US&edition=fundamental","pubTime":"2021-04-23 17:30","market":"us","language":"en","title":"Florida Supreme Court Quashes 2022 Recreational-Marijuana Legalization Push","url":"https://stock-news.laohu8.com/highlight/detail?id=1102177995","media":"Motley Fool","summary":"The ruling makes it probable that the initiative will be scotched by the state.\nIt seems Florida won","content":"<p>The ruling makes it probable that the initiative will be scotched by the state.</p>\n<p>It seems Florida won't be part of the recent recreational-marijuana legalization wave anytime soon. On Thursday, the state's Supreme Court, asked for advice on the matter by Attorney General Ashley Moody, judged that a proposal to put such legalization on the ballot for Election Day 2022 is \"misleading.\"&nbsp;This likely means that the initiative, spearheaded by a group called Make it Legal Florida, will not be allowed on the ballot.</p>\n<p>The proposal put forth by the group had garnered over 556,000 signatures of support out of the 891,589 needed for ballot inclusion. It aimed to legalize recreational marijuana, allowing Floridians over 21 years of age to hold and use up to 2.5 ounces of cannabis.</p>\n<p>The organization has not yet officially commented on the ruling.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/08f0c6cfebe940a55cf6fdad287b5a3a\" tg-width=\"2000\" tg-height=\"1333\"><span>IMAGE SOURCE: GETTY IMAGES.</span></p>\n<p>\"A [state] constitutional amendment cannot unequivocally 'permit' or authorize conduct that is criminalized under federal law,\" wrote Chief Justice Charles Canady in his opinion. \"A ballot summary suggesting otherwise is affirmatively misleading.\"</p>\n<p>He added that the proposal's language didn't sufficiently explain to Floridians, who he apparently believes are ignorant of federal law, that voting in favor of it would only make recreational consumption legal in the state, rather than the entire country. If the state ultimately decides to toss the proposal, an entirely new one would have to be drafted and garner enough support for ballot inclusion.</p>\n<p>The decision is disappointing for Florida's marijuana industry, which includes the state's leader&nbsp;<b>Trulieve Cannabis</b>&nbsp;(OTC:TCNNF). While Trulieve and some of its peers do well selling medical marijuana to qualified state residents, full legalization would present a massive and unprecedented opportunity to grow their business explosively.</p>\n<p>Despite that, Trulieve's stock actually rose on Thursday, inching up by 0.8% against the 0.9% slide of the&nbsp;<b>S&amp;P 500</b>&nbsp;index.</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>Florida Supreme Court Quashes 2022 Recreational-Marijuana Legalization Push</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\">\nFlorida Supreme Court Quashes 2022 Recreational-Marijuana Legalization Push\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-04-23 17:30 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.fool.com/investing/2021/04/22/florida-supreme-court-quashes-2022-recreational-ma/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>The ruling makes it probable that the initiative will be scotched by the state.\nIt seems Florida won't be part of the recent recreational-marijuana legalization wave anytime soon. On Thursday, the ...</p>\n\n<a href=\"https://www.fool.com/investing/2021/04/22/florida-supreme-court-quashes-2022-recreational-ma/\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"TLRY":"Tilray Inc.","ACB":"奥罗拉大麻公司","APHA":"Aphria Inc.","MJ":"Amplify Alternative Harvest ETF","SNDL":"SNDL Inc.","CRON":"Cronos Group Inc.","CGC":"Canopy Growth Corporation"},"source_url":"https://www.fool.com/investing/2021/04/22/florida-supreme-court-quashes-2022-recreational-ma/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1102177995","content_text":"The ruling makes it probable that the initiative will be scotched by the state.\nIt seems Florida won't be part of the recent recreational-marijuana legalization wave anytime soon. On Thursday, the state's Supreme Court, asked for advice on the matter by Attorney General Ashley Moody, judged that a proposal to put such legalization on the ballot for Election Day 2022 is \"misleading.\" This likely means that the initiative, spearheaded by a group called Make it Legal Florida, will not be allowed on the ballot.\nThe proposal put forth by the group had garnered over 556,000 signatures of support out of the 891,589 needed for ballot inclusion. It aimed to legalize recreational marijuana, allowing Floridians over 21 years of age to hold and use up to 2.5 ounces of cannabis.\nThe organization has not yet officially commented on the ruling.\nIMAGE SOURCE: GETTY IMAGES.\n\"A [state] constitutional amendment cannot unequivocally 'permit' or authorize conduct that is criminalized under federal law,\" wrote Chief Justice Charles Canady in his opinion. \"A ballot summary suggesting otherwise is affirmatively misleading.\"\nHe added that the proposal's language didn't sufficiently explain to Floridians, who he apparently believes are ignorant of federal law, that voting in favor of it would only make recreational consumption legal in the state, rather than the entire country. If the state ultimately decides to toss the proposal, an entirely new one would have to be drafted and garner enough support for ballot inclusion.\nThe decision is disappointing for Florida's marijuana industry, which includes the state's leader Trulieve Cannabis (OTC:TCNNF). While Trulieve and some of its peers do well selling medical marijuana to qualified state residents, full legalization would present a massive and unprecedented opportunity to grow their business explosively.\nDespite that, Trulieve's stock actually rose on Thursday, inching up by 0.8% against the 0.9% slide of the S&P 500 index.","news_type":1,"symbols_score_info":{"CRON":0.9,"ACB":0.9,"MJ":0.9,"CGC":0.9,"TLRY":0.9,"SNDL":0.9,"APHA":0.9}},"isVote":1,"tweetType":1,"viewCount":2259,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":370349017,"gmtCreate":1618556505939,"gmtModify":1704712682639,"author":{"id":"3574944998215364","authorId":"3574944998215364","name":"ShiJun","avatar":"https://static.tigerbbs.com/545e0913498b32c1a00eeba1047a0c92","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3574944998215364","idStr":"3574944998215364"},"themes":[],"htmlText":"Like and comment","listText":"Like and comment","text":"Like and comment","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/370349017","repostId":"1172219051","repostType":4,"isVote":1,"tweetType":1,"viewCount":2424,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":344742420,"gmtCreate":1618446092060,"gmtModify":1704710904776,"author":{"id":"3574944998215364","authorId":"3574944998215364","name":"ShiJun","avatar":"https://static.tigerbbs.com/545e0913498b32c1a00eeba1047a0c92","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3574944998215364","idStr":"3574944998215364"},"themes":[],"htmlText":"Like comment","listText":"Like comment","text":"Like comment","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/344742420","repostId":"1189551384","repostType":4,"isVote":1,"tweetType":1,"viewCount":3040,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":348573328,"gmtCreate":1617946396865,"gmtModify":1704705164875,"author":{"id":"3574944998215364","authorId":"3574944998215364","name":"ShiJun","avatar":"https://static.tigerbbs.com/545e0913498b32c1a00eeba1047a0c92","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3574944998215364","idStr":"3574944998215364"},"themes":[],"htmlText":"sheesh","listText":"sheesh","text":"sheesh","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/348573328","repostId":"1130825933","repostType":4,"repost":{"id":"1130825933","kind":"news","pubTimestamp":1617940571,"share":"https://ttm.financial/m/news/1130825933?lang=en_US&edition=fundamental","pubTime":"2021-04-09 11:56","market":"us","language":"en","title":"NIO and Other Chinese EV Stocks Are Struggling. Don’t Blame Wall Street.","url":"https://stock-news.laohu8.com/highlight/detail?id=1130825933","media":"Barron's","summary":"It seemednothing could go wrongfor Chinese electric-vehicle stocks in 2020. Now it feels like nothin","content":"<p>It seemednothing could go wrongfor Chinese electric-vehicle stocks in 2020. Now it feels like nothing can go right. And despite urging from analysts to buy shares, these once highflying stocks justwon’t go up.</p>\n<p>The recent trading action is either a huge opportunity forEV bulls, or it showsthe bearsmay have been right and Chinese EV stocks like NIO and XPeng simply got too expensive. But while investors are staying away, Wall Street analysts are doubling down on these stocks.</p>\n<p>NIO(ticker: NIO) stock skyrocketed about 1,100% in 2020. Its growing deliveries and new product launches helped convince investors that EVs are the future of personal transportation, and that NIO will be a long-term winner in the market. That left shares trading at roughly at 16 times estimated 2021 sales at the start of this year.Tesla(TSLA) stock, for comparison, started out this year trading at about 12 times estimated 2021 sales.</p>\n<p>NIO shares, however, are down about 20% year to date. And they are struggling to break out of this funk.</p>\n<p>This week, for instance, should have been good for all EV stocks. Tesla’s first-quarter deliveries, reported onApril 2, blew past analyst expectations, showing that EV demand is still strong and that the global automotive microchip shortage may be less of a problem than feared. The sector saw gains early this week on the news, but that quickly faded. Then a convertible bond sale announced byLi Auto(LI) drove all three the Chinese EV stocks lower Wednesday.</p>\n<p>Even though shares are rebounding Thursday, NIO stock is still down about 3% for the week, compared with a roughly 2% gain for theS&amp;P 500and theDow Jones Industrial Average‘s 1% gain. NIO peersXPeng(XPEV) and Li Auto are down about 4% and nearly 9% for the week, respectively. Tesla stock has risen about 3%.</p>\n<p>There are quite a few issues that might be shaking confidence in these stocks. For one,higher interest rateshave hurt valuations of many high-growth stocks.</p>\n<p>The automotivechip shortageis another problem. The global semiconductor industry has gotten caught ramping up a new chip generation while ramping down an old one during a global pandemic. The result is there aren’t enough for cars, and many auto makers have shut plants while waiting for the supply situation to improve.</p>\n<p>Capital raisingfrom companies—includingQuantumScape(QS) and Li—is affecting trading, too. Investors don’t like to see their stakes diluted with new shares. In addition, a capital raise by any company is a small signal that company management is happy with the current stock price. Management teams, like investors, don’t like to sell low.</p>\n<p>Even Tesla’s success might be a new problem for the Chinese EV producers. Part of Tesla’s delivery beat was strong sales of its newChinese-built Model Ycrossover vehicle. With so many EVs coming out in numerous markets across the globe, growth is a little harder than it was in 2020.</p>\n<p>One group that isn’t worried about the Chinese EV stocks, however, is brokerage analysts. They are very bullish and have raised their price targets for all three stocks in 2021.</p>\n<p><img src=\"https://static.tigerbbs.com/42acddd9f3c9dc83e106d950f0c70d24\" tg-width=\"629\" tg-height=\"417\">The average analysttarget pricefor NIO is now about $61 a share, up about 32% year to date. That implies a gain of almost 60% from recent levels. XPeng and Li target prices are up less dramatically, but average analyst price targets for the two imply gains of roughly 50% and 60%, respectively.</p>\n<p>Such large expectations for stock gains aren’t typical on Wall Street. The average implied gain for stocks in the Dow Jones Industrial Average is typically less than 10%. But analysts really like these three Chinese EV stocks: More than 70% of the ratings on the trio are Buy. TheaverageBuy-rating ratios for stocks in the S&amp;P 500 and Dow is less than 60%.</p>\n<p>Analysts are staying bullish, even as investors want to seem more than just strong EV demand.</p>","source":"lsy1610680873436","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>NIO and Other Chinese EV Stocks Are Struggling. Don’t Blame Wall Street.</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\">\nNIO and Other Chinese EV Stocks Are Struggling. Don’t Blame Wall Street.\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-04-09 11:56 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.barrons.com/articles/nio-xpeng-li-auto-chinese-ev-stocks-51617908548?mod=hp_LEAD_1><strong>Barron's</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>It seemednothing could go wrongfor Chinese electric-vehicle stocks in 2020. Now it feels like nothing can go right. And despite urging from analysts to buy shares, these once highflying stocks justwon...</p>\n\n<a href=\"https://www.barrons.com/articles/nio-xpeng-li-auto-chinese-ev-stocks-51617908548?mod=hp_LEAD_1\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"XPEV":"小鹏汽车","NIO":"蔚来","LI":"理想汽车"},"source_url":"https://www.barrons.com/articles/nio-xpeng-li-auto-chinese-ev-stocks-51617908548?mod=hp_LEAD_1","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1130825933","content_text":"It seemednothing could go wrongfor Chinese electric-vehicle stocks in 2020. Now it feels like nothing can go right. And despite urging from analysts to buy shares, these once highflying stocks justwon’t go up.\nThe recent trading action is either a huge opportunity forEV bulls, or it showsthe bearsmay have been right and Chinese EV stocks like NIO and XPeng simply got too expensive. But while investors are staying away, Wall Street analysts are doubling down on these stocks.\nNIO(ticker: NIO) stock skyrocketed about 1,100% in 2020. Its growing deliveries and new product launches helped convince investors that EVs are the future of personal transportation, and that NIO will be a long-term winner in the market. That left shares trading at roughly at 16 times estimated 2021 sales at the start of this year.Tesla(TSLA) stock, for comparison, started out this year trading at about 12 times estimated 2021 sales.\nNIO shares, however, are down about 20% year to date. And they are struggling to break out of this funk.\nThis week, for instance, should have been good for all EV stocks. Tesla’s first-quarter deliveries, reported onApril 2, blew past analyst expectations, showing that EV demand is still strong and that the global automotive microchip shortage may be less of a problem than feared. The sector saw gains early this week on the news, but that quickly faded. Then a convertible bond sale announced byLi Auto(LI) drove all three the Chinese EV stocks lower Wednesday.\nEven though shares are rebounding Thursday, NIO stock is still down about 3% for the week, compared with a roughly 2% gain for theS&P 500and theDow Jones Industrial Average‘s 1% gain. NIO peersXPeng(XPEV) and Li Auto are down about 4% and nearly 9% for the week, respectively. Tesla stock has risen about 3%.\nThere are quite a few issues that might be shaking confidence in these stocks. For one,higher interest rateshave hurt valuations of many high-growth stocks.\nThe automotivechip shortageis another problem. The global semiconductor industry has gotten caught ramping up a new chip generation while ramping down an old one during a global pandemic. The result is there aren’t enough for cars, and many auto makers have shut plants while waiting for the supply situation to improve.\nCapital raisingfrom companies—includingQuantumScape(QS) and Li—is affecting trading, too. Investors don’t like to see their stakes diluted with new shares. In addition, a capital raise by any company is a small signal that company management is happy with the current stock price. Management teams, like investors, don’t like to sell low.\nEven Tesla’s success might be a new problem for the Chinese EV producers. Part of Tesla’s delivery beat was strong sales of its newChinese-built Model Ycrossover vehicle. With so many EVs coming out in numerous markets across the globe, growth is a little harder than it was in 2020.\nOne group that isn’t worried about the Chinese EV stocks, however, is brokerage analysts. They are very bullish and have raised their price targets for all three stocks in 2021.\nThe average analysttarget pricefor NIO is now about $61 a share, up about 32% year to date. That implies a gain of almost 60% from recent levels. XPeng and Li target prices are up less dramatically, but average analyst price targets for the two imply gains of roughly 50% and 60%, respectively.\nSuch large expectations for stock gains aren’t typical on Wall Street. The average implied gain for stocks in the Dow Jones Industrial Average is typically less than 10%. But analysts really like these three Chinese EV stocks: More than 70% of the ratings on the trio are Buy. TheaverageBuy-rating ratios for stocks in the S&P 500 and Dow is less than 60%.\nAnalysts are staying bullish, even as investors want to seem more than just strong EV demand.","news_type":1,"symbols_score_info":{"NIO":0.9,"XPEV":0.9,"LI":0.9}},"isVote":1,"tweetType":1,"viewCount":2899,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":349654609,"gmtCreate":1617609818901,"gmtModify":1704700779827,"author":{"id":"3574944998215364","authorId":"3574944998215364","name":"ShiJun","avatar":"https://static.tigerbbs.com/545e0913498b32c1a00eeba1047a0c92","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3574944998215364","idStr":"3574944998215364"},"themes":[],"htmlText":"Still worth??","listText":"Still worth??","text":"Still worth??","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/349654609","repostId":"1138932914","repostType":4,"repost":{"id":"1138932914","kind":"news","pubTimestamp":1617607569,"share":"https://ttm.financial/m/news/1138932914?lang=en_US&edition=fundamental","pubTime":"2021-04-05 15:26","market":"us","language":"en","title":"Amazon Stock: A Bumpy Road In The First Quarter","url":"https://stock-news.laohu8.com/highlight/detail?id=1138932914","media":"TheStreet","summary":"Dragged by profit taking and rising yields, Amazon stock had a dismal first quarter of 2021. The App","content":"<p>Dragged by profit taking and rising yields, Amazon stock had a dismal first quarter of 2021. The Apple Maven reviews the key drivers of underperformance in the shares of the e-commerce and cloud giant.</p>\n<p>As the first quarter of 2021 reaches the end, Amazon investors lick their wounds. Shares of the e-commerce and cloud giant had a rough three-month period of performance, ending the quarter down 5% year-to-date while the S&amp;P 500 marched higher.</p>\n<p>Although the Apple Maven is mostly concerned with the Cupertino company and its investors, today we turn the focus of attention to the third most valuable company in the US: Amazon.</p>\n<p><b>Not a great start to 2021</b></p>\n<p>In the past decade, on average, Amazon stock produced a bit over 6% of returns in the first quarter – which is comparable to its peer Apple’s track record. By comparison, therefore, AMZN’s performance has been quite disappointing so far this year.</p>\n<p>On the risk side, Amazon shares faced volatility of 27% in annualized terms, a number that was very much in line with the ten-year average. The maximum drawdown in the quarter was 13%, and it happened over a one-month period between early February and early March.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/b65c423dbcee83a3ffa17dcf97221393\" tg-width=\"1240\" tg-height=\"288\"><span>Figure 1: Average Monthly Return, Seasonality AMZN Stock since 2011</span></p>\n<p>Compared to the broad market, Amazon stock trailed by just about 10 percentage points. Against the more relevant Nasdaq index, the underperformance was a bit less noticeable: 7 percentage points. Amazon failed to top the returns of any of its key peer and benchmarks, from the tech and consumer discretionary sectors to the FAAMG group of Big Tech stocks.</p>\n<p>Compared to the broad market, Amazon stock trailed by just about 10 percentage points. Against the more relevant Nasdaq index, the underperformance was a bit less noticeable: 7 percentage points. Amazon failed to top the returns of any of its key peer and benchmarks, from the tech and consumer discretionary sectors to the FAAMG group of Big Tech stocks.</p>\n<p><b>Ebbs and flows</b></p>\n<p>Driving Amazon stock up and down since the start of the year were a few macro-level and company-specific factors. Below are Amazon’s best and worst days of performance that help to explain the stock’s journey through this challenging first quarter.</p>\n<p>Going up:</p>\n<ul>\n <li>Amazon’s best days in the quarter happened late in January through the first of February,right around the company’s earnings day. January 20 topped the charts, with gains of 4.6%. It is hard to put a finger on what exactly caused Amazon and virtually all its direct peers to skyrocket ahead of Big Tech earnings week, other than enthusiasm for the upcoming results.</li>\n <li>The eve of Amazon’s earnings day, February 1, was the stock’s second best in the first quarter. A couple of Wall Street pre-earnings reports had come out, and most sounded bullish. Early February, however, also marked the peak for Amazon stock in 2021, and shares have been down 10% ever since.</li>\n</ul>\n<p>Going down:</p>\n<ul>\n <li>The worst trading session for Amazon happened on March 18, when the stock lost 3.4%. The culprit seems to have been&nbsp;yet another leg higher in yields, supported by expectations for higher inflation and the reopening of the US economy. Other Big Tech stocks also took a hit that same day.</li>\n <li>The correction in Amazon stock from the early February peak picked up speed in late February and early March. During these couple of weeks, Amazon experienced four days of losses beyond 2%. To blame are likely the relentless rise in interest rates and some profit taking from a successful Big Tech earnings season.</li>\n</ul>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Amazon Stock: A Bumpy Road In The First Quarter</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nAmazon Stock: A Bumpy Road In The First Quarter\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-04-05 15:26 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.thestreet.com/apple/stock/amazon-stock-a-bumpy-road-in-the-first-quarter><strong>TheStreet</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Dragged by profit taking and rising yields, Amazon stock had a dismal first quarter of 2021. The Apple Maven reviews the key drivers of underperformance in the shares of the e-commerce and cloud giant...</p>\n\n<a href=\"https://www.thestreet.com/apple/stock/amazon-stock-a-bumpy-road-in-the-first-quarter\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"AMZN":"亚马逊"},"source_url":"https://www.thestreet.com/apple/stock/amazon-stock-a-bumpy-road-in-the-first-quarter","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1138932914","content_text":"Dragged by profit taking and rising yields, Amazon stock had a dismal first quarter of 2021. The Apple Maven reviews the key drivers of underperformance in the shares of the e-commerce and cloud giant.\nAs the first quarter of 2021 reaches the end, Amazon investors lick their wounds. Shares of the e-commerce and cloud giant had a rough three-month period of performance, ending the quarter down 5% year-to-date while the S&P 500 marched higher.\nAlthough the Apple Maven is mostly concerned with the Cupertino company and its investors, today we turn the focus of attention to the third most valuable company in the US: Amazon.\nNot a great start to 2021\nIn the past decade, on average, Amazon stock produced a bit over 6% of returns in the first quarter – which is comparable to its peer Apple’s track record. By comparison, therefore, AMZN’s performance has been quite disappointing so far this year.\nOn the risk side, Amazon shares faced volatility of 27% in annualized terms, a number that was very much in line with the ten-year average. The maximum drawdown in the quarter was 13%, and it happened over a one-month period between early February and early March.\nFigure 1: Average Monthly Return, Seasonality AMZN Stock since 2011\nCompared to the broad market, Amazon stock trailed by just about 10 percentage points. Against the more relevant Nasdaq index, the underperformance was a bit less noticeable: 7 percentage points. Amazon failed to top the returns of any of its key peer and benchmarks, from the tech and consumer discretionary sectors to the FAAMG group of Big Tech stocks.\nCompared to the broad market, Amazon stock trailed by just about 10 percentage points. Against the more relevant Nasdaq index, the underperformance was a bit less noticeable: 7 percentage points. Amazon failed to top the returns of any of its key peer and benchmarks, from the tech and consumer discretionary sectors to the FAAMG group of Big Tech stocks.\nEbbs and flows\nDriving Amazon stock up and down since the start of the year were a few macro-level and company-specific factors. Below are Amazon’s best and worst days of performance that help to explain the stock’s journey through this challenging first quarter.\nGoing up:\n\nAmazon’s best days in the quarter happened late in January through the first of February,right around the company’s earnings day. January 20 topped the charts, with gains of 4.6%. It is hard to put a finger on what exactly caused Amazon and virtually all its direct peers to skyrocket ahead of Big Tech earnings week, other than enthusiasm for the upcoming results.\nThe eve of Amazon’s earnings day, February 1, was the stock’s second best in the first quarter. A couple of Wall Street pre-earnings reports had come out, and most sounded bullish. Early February, however, also marked the peak for Amazon stock in 2021, and shares have been down 10% ever since.\n\nGoing down:\n\nThe worst trading session for Amazon happened on March 18, when the stock lost 3.4%. The culprit seems to have been yet another leg higher in yields, supported by expectations for higher inflation and the reopening of the US economy. Other Big Tech stocks also took a hit that same day.\nThe correction in Amazon stock from the early February peak picked up speed in late February and early March. During these couple of weeks, Amazon experienced four days of losses beyond 2%. To blame are likely the relentless rise in interest rates and some profit taking from a successful Big Tech earnings season.","news_type":1,"symbols_score_info":{"AMZN":0.9}},"isVote":1,"tweetType":1,"viewCount":2552,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":349654385,"gmtCreate":1617609784147,"gmtModify":1704700779334,"author":{"id":"3574944998215364","authorId":"3574944998215364","name":"ShiJun","avatar":"https://static.tigerbbs.com/545e0913498b32c1a00eeba1047a0c92","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3574944998215364","idStr":"3574944998215364"},"themes":[],"htmlText":"wow","listText":"wow","text":"wow","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":3,"repostSize":0,"link":"https://ttm.financial/post/349654385","repostId":"1135395184","repostType":4,"repost":{"id":"1135395184","kind":"news","pubTimestamp":1617609562,"share":"https://ttm.financial/m/news/1135395184?lang=en_US&edition=fundamental","pubTime":"2021-04-05 15:59","market":"us","language":"en","title":"Why the drop in the unemployment rate to 6% doesn’t mean very much","url":"https://stock-news.laohu8.com/highlight/detail?id=1135395184","media":"MarketWatch","summary":"The labor market is weaker than it seems because the official unemployment rate ignores people who’v","content":"<p>The labor market is weaker than it seems because the official unemployment rate ignores people who’ve lost hours or have given up looking for work</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/811610c8e12956d38f0aba3c4697d689\" tg-width=\"1260\" tg-height=\"662\"><span>The gap between the traditional U3 unemployment rate and the broader U6 measurements widens when the labor market is under stress.</span></p>\n<p>The state of the labor market reflects the state of the economy and, even more important, the human cost of recessions or the benefits of booms. Accordingly, the unemployment rate is one of the most closely watched economic statistics.</p>\n<p>But it is becoming&nbsp;more widely recognized&nbsp;that the most frequently cited official unemployment rate misses a lot of people. Problems with measuring labor-market slack have been particularly acute during COVID, as unemployment rates have dramatically understated the deterioration in the labor market,according to Federal Reserve Chairman Jerome Powell.</p>\n<p>Using an alternative measure of unemployment offers a more comprehensive view of labor-market conditions by also including “discouraged workers” who have stopped searching for jobs and workers who are working part time but would like to have full-time jobs. By this measure, downturns are even more damaging to the labor market than what one would conclude from considering the conventional, and more widely reported, unemployment rate.</p>\n<p><b>The Facts</b></p>\n<p><b>The most widely reported unemployment rate is</b>&nbsp;<b>officially known as U3 unemployment</b>&nbsp;<b>and represents the number of people who are unemployed as a percentage of the labor force.</b>For the purposes of U3, the unemployed are defined as those people who do not have a job, have been actively looking for work over the past four weeks and are currently available for work. People are considered employed if they did any paid work—this includes all part-time and temporary work as well as full-time employment. The labor force represents the sum of the unemployed and the employed (it excludes people living in institutions and active-duty military personnel).</p>\n<p>The U3 unemployment rate is released on the first Friday (on April 2 this month) following the end of each month and is based on a survey of about 60,000 households rather than a full tally of the entire population. It is&nbsp;calculated by the Bureau of Labor Statistics&nbsp;using information from the Current Population Survey conducted by the Census Bureau.</p>\n<p><b>The definitions of who is considered “employed” and “unemployed” for the purposes of U3 point to some shortcomings for using the U3 unemployment rate as an indicator of the overall strength of the labor market.</b>If someone who is unemployed stops looking for a job (even if she would like to have one) then she is no longer counted as unemployed, nor is she counted as being in the labor force. This “discouraged worker” contributes to a decrease in the unemployment rate because when she drops out of the labor force and is no longer counted as an unemployed person there is a proportionally bigger decrease in the unemployed than in the labor force since so many more people are in the labor force than are unemployed.</p>\n<p>For example, if there are 5 unemployed people in a labor force of 100, and one of the unemployed drops out of the labor force, the unemployment rate goes from 5% to 4.04% (4/99 = .0404). The U3 unemployment rate will also fail to reflect a situation where someone who was working full time, and would like to continue to do so, is forced by economic conditions to work part time. This situation would not lead to any change in the U3 unemployment rate even though that person is now underemployed.</p>\n<p><b>An alternative measure, the</b>&nbsp;<b>U6 unemployment rate, sometimes referred to as the “underemployment rate,” offers a broader indicator of labor market underutilization.</b>The U6 unemployment rate differs from the U3 unemployment rate in several ways. It adds to the U3 definition of the unemployed those who are working part time for economic reasons and workers “marginally attached to the labor force”—which is defined as those who are not working and have not looked for work in the past four weeks but have looked for work in the past 12 months. Broadening the measure to include these workers makes the U6 unemployment rate higher than the U3 unemployment rate.</p>\n<p><b>The average U6 unemployment rate is almost 80% higher than the official (U3) unemployment rate since 1994 (see chart).</b>The Bureau of Labor Statistics began publishing the U6 unemployment rate in 1994. Its average value since that time is 10.4%. The average official unemployment rate over this period is 5.8%. In February 2021, the official unemployment rate was&nbsp;6.2%and the U6 unemployment rate was&nbsp;11.1%. With a civilian labor force of about160 million people, this translates to 17.8 million underemployed, of which 9.9 million are counted as officially unemployed—so there are about 7.9 million people who are unemployed by the U6 definition but who are not counted as officially unemployed by the U3 definition.</p>\n<p><b>The difference in the U6 and U3 unemployment rates is not constant but tends to move with the business cycle, increasing when the economy is in a recession.</b>It had been thought that the gap between U6 and U3 was relatively stable, but this has not turned out to be the case in the more recent past.</p>\n<p>For instance, before the Great Recession, a&nbsp;Bureau of Labor Statistics report&nbsp;stated: “While the alternative measures differ in magnitude from the official unemployment rate, they typically show very similar movements over the course of the business cycle.” However the difference between U3 and U6 has expanded during each of the three recessions that have taken place since 2000: the relatively mild recession that began in the second quarter of 2001, the Great Recession that began in the first quarter of 2008, and the current recession that began in the second quarter of 2020 (see chart, the gray shaded areas represent periods when the economy was in a recession as determined by the&nbsp;National Bureau of Economic Research). This gap reached 7.6 percentage points in the second quarter of 2020, its largest value since the introduction of the U6 unemployment rate. The figure also shows that the gap between the measures narrowed during periods when the economy was stronger.</p>\n<p><b>Statistical analysis confirms the significant responsiveness of the difference between the U6 and U3 unemployment rates to business-cycle conditions.</b>It is well known that the U3 unemployment rate increases when the economy is operating below its full potential. This relationship is known as&nbsp;Okun’s Law. We estimated a form of Okun’s Law for the U6 unemployment rate as well. We find that the U6 unemployment rate is even more responsive to the economy operating below potential than the U3 unemployment rate.</p>\n<p>More specifically, we find that a one-percentage point worsening of business cycle conditions is typically associated with about a 0.62 percentage point increase in the difference between the U6 and U3 unemployment rates. But this estimate falls short of explaining what happened in the second quarter of 2020 by a full percentage point, demonstrating that this was a particularly fraught time in the labor market.</p>\n<p><b>What This Means</b></p>\n<p>The official (U3) unemployment rate is one of the most widely watched economic statistics, but it offers a more limited view of labor-market conditions than broader indicators like the U6 unemployment rate, which takes into account those forced to work part time for economic reasons and those who have stopped looking for work in the past month.</p>\n<p>Our original research demonstrates that the difference between these two measures of unemployment widens in an economic downturn—which means that the degree to which the conventional U3 unemployment rate underestimates labor-market distress increases during a recession.</p>\n<p>As Chairman Powell suggested in his remarks in February, this means that the official unemployment rate fails to account for the full range of labor-market weakness, especially during a recession, and even more so during the current downturn.</p>\n<p>There are important implications of this—if the choice of whether to continue extraordinary support for people hurt by this recession is based on the official unemployment rate rather than a broader measure, like the U6 unemployment rate, then policy may fail to step up to match labor-market weakness marked by workers who have been forced to part-time employment or who have stopped actively looking for a job.</p>","source":"lsy1603348471595","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Why the drop in the unemployment rate to 6% doesn’t mean very much</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; 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overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nWhy the drop in the unemployment rate to 6% doesn’t mean very much\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-04-05 15:59 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.marketwatch.com/story/how-the-unemployment-rate-underestimates-the-number-of-unemployed-people-11617321212?mod=home-page><strong>MarketWatch</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>The labor market is weaker than it seems because the official unemployment rate ignores people who’ve lost hours or have given up looking for work\nThe gap between the traditional U3 unemployment rate ...</p>\n\n<a href=\"https://www.marketwatch.com/story/how-the-unemployment-rate-underestimates-the-number-of-unemployed-people-11617321212?mod=home-page\">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",".SPX":"S&P 500 Index",".DJI":"道琼斯"},"source_url":"https://www.marketwatch.com/story/how-the-unemployment-rate-underestimates-the-number-of-unemployed-people-11617321212?mod=home-page","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1135395184","content_text":"The labor market is weaker than it seems because the official unemployment rate ignores people who’ve lost hours or have given up looking for work\nThe gap between the traditional U3 unemployment rate and the broader U6 measurements widens when the labor market is under stress.\nThe state of the labor market reflects the state of the economy and, even more important, the human cost of recessions or the benefits of booms. Accordingly, the unemployment rate is one of the most closely watched economic statistics.\nBut it is becoming more widely recognized that the most frequently cited official unemployment rate misses a lot of people. Problems with measuring labor-market slack have been particularly acute during COVID, as unemployment rates have dramatically understated the deterioration in the labor market,according to Federal Reserve Chairman Jerome Powell.\nUsing an alternative measure of unemployment offers a more comprehensive view of labor-market conditions by also including “discouraged workers” who have stopped searching for jobs and workers who are working part time but would like to have full-time jobs. By this measure, downturns are even more damaging to the labor market than what one would conclude from considering the conventional, and more widely reported, unemployment rate.\nThe Facts\nThe most widely reported unemployment rate is officially known as U3 unemployment and represents the number of people who are unemployed as a percentage of the labor force.For the purposes of U3, the unemployed are defined as those people who do not have a job, have been actively looking for work over the past four weeks and are currently available for work. People are considered employed if they did any paid work—this includes all part-time and temporary work as well as full-time employment. The labor force represents the sum of the unemployed and the employed (it excludes people living in institutions and active-duty military personnel).\nThe U3 unemployment rate is released on the first Friday (on April 2 this month) following the end of each month and is based on a survey of about 60,000 households rather than a full tally of the entire population. It is calculated by the Bureau of Labor Statistics using information from the Current Population Survey conducted by the Census Bureau.\nThe definitions of who is considered “employed” and “unemployed” for the purposes of U3 point to some shortcomings for using the U3 unemployment rate as an indicator of the overall strength of the labor market.If someone who is unemployed stops looking for a job (even if she would like to have one) then she is no longer counted as unemployed, nor is she counted as being in the labor force. This “discouraged worker” contributes to a decrease in the unemployment rate because when she drops out of the labor force and is no longer counted as an unemployed person there is a proportionally bigger decrease in the unemployed than in the labor force since so many more people are in the labor force than are unemployed.\nFor example, if there are 5 unemployed people in a labor force of 100, and one of the unemployed drops out of the labor force, the unemployment rate goes from 5% to 4.04% (4/99 = .0404). The U3 unemployment rate will also fail to reflect a situation where someone who was working full time, and would like to continue to do so, is forced by economic conditions to work part time. This situation would not lead to any change in the U3 unemployment rate even though that person is now underemployed.\nAn alternative measure, the U6 unemployment rate, sometimes referred to as the “underemployment rate,” offers a broader indicator of labor market underutilization.The U6 unemployment rate differs from the U3 unemployment rate in several ways. It adds to the U3 definition of the unemployed those who are working part time for economic reasons and workers “marginally attached to the labor force”—which is defined as those who are not working and have not looked for work in the past four weeks but have looked for work in the past 12 months. Broadening the measure to include these workers makes the U6 unemployment rate higher than the U3 unemployment rate.\nThe average U6 unemployment rate is almost 80% higher than the official (U3) unemployment rate since 1994 (see chart).The Bureau of Labor Statistics began publishing the U6 unemployment rate in 1994. Its average value since that time is 10.4%. The average official unemployment rate over this period is 5.8%. In February 2021, the official unemployment rate was 6.2%and the U6 unemployment rate was 11.1%. With a civilian labor force of about160 million people, this translates to 17.8 million underemployed, of which 9.9 million are counted as officially unemployed—so there are about 7.9 million people who are unemployed by the U6 definition but who are not counted as officially unemployed by the U3 definition.\nThe difference in the U6 and U3 unemployment rates is not constant but tends to move with the business cycle, increasing when the economy is in a recession.It had been thought that the gap between U6 and U3 was relatively stable, but this has not turned out to be the case in the more recent past.\nFor instance, before the Great Recession, a Bureau of Labor Statistics report stated: “While the alternative measures differ in magnitude from the official unemployment rate, they typically show very similar movements over the course of the business cycle.” However the difference between U3 and U6 has expanded during each of the three recessions that have taken place since 2000: the relatively mild recession that began in the second quarter of 2001, the Great Recession that began in the first quarter of 2008, and the current recession that began in the second quarter of 2020 (see chart, the gray shaded areas represent periods when the economy was in a recession as determined by the National Bureau of Economic Research). This gap reached 7.6 percentage points in the second quarter of 2020, its largest value since the introduction of the U6 unemployment rate. The figure also shows that the gap between the measures narrowed during periods when the economy was stronger.\nStatistical analysis confirms the significant responsiveness of the difference between the U6 and U3 unemployment rates to business-cycle conditions.It is well known that the U3 unemployment rate increases when the economy is operating below its full potential. This relationship is known as Okun’s Law. We estimated a form of Okun’s Law for the U6 unemployment rate as well. We find that the U6 unemployment rate is even more responsive to the economy operating below potential than the U3 unemployment rate.\nMore specifically, we find that a one-percentage point worsening of business cycle conditions is typically associated with about a 0.62 percentage point increase in the difference between the U6 and U3 unemployment rates. But this estimate falls short of explaining what happened in the second quarter of 2020 by a full percentage point, demonstrating that this was a particularly fraught time in the labor market.\nWhat This Means\nThe official (U3) unemployment rate is one of the most widely watched economic statistics, but it offers a more limited view of labor-market conditions than broader indicators like the U6 unemployment rate, which takes into account those forced to work part time for economic reasons and those who have stopped looking for work in the past month.\nOur original research demonstrates that the difference between these two measures of unemployment widens in an economic downturn—which means that the degree to which the conventional U3 unemployment rate underestimates labor-market distress increases during a recession.\nAs Chairman Powell suggested in his remarks in February, this means that the official unemployment rate fails to account for the full range of labor-market weakness, especially during a recession, and even more so during the current downturn.\nThere are important implications of this—if the choice of whether to continue extraordinary support for people hurt by this recession is based on the official unemployment rate rather than a broader measure, like the U6 unemployment rate, then policy may fail to step up to match labor-market weakness marked by workers who have been forced to part-time employment or who have stopped actively looking for a job.","news_type":1,"symbols_score_info":{".IXIC":0.9,".SPX":0.9,".DJI":0.9}},"isVote":1,"tweetType":1,"viewCount":1151,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":357372628,"gmtCreate":1617242099864,"gmtModify":1704697697173,"author":{"id":"3574944998215364","authorId":"3574944998215364","name":"ShiJun","avatar":"https://static.tigerbbs.com/545e0913498b32c1a00eeba1047a0c92","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3574944998215364","idStr":"3574944998215364"},"themes":[],"htmlText":"Sheesh","listText":"Sheesh","text":"Sheesh","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/357372628","repostId":"1196818239","repostType":4,"isVote":1,"tweetType":1,"viewCount":978,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":354131900,"gmtCreate":1617150193900,"gmtModify":1704696398042,"author":{"id":"3574944998215364","authorId":"3574944998215364","name":"ShiJun","avatar":"https://static.tigerbbs.com/545e0913498b32c1a00eeba1047a0c92","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3574944998215364","idStr":"3574944998215364"},"themes":[],"htmlText":"Nice like and comment","listText":"Nice like and comment","text":"Nice like and comment","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":3,"repostSize":0,"link":"https://ttm.financial/post/354131900","repostId":"1163996400","repostType":4,"isVote":1,"tweetType":1,"viewCount":1525,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":355227560,"gmtCreate":1617078052750,"gmtModify":1704801660023,"author":{"id":"3574944998215364","authorId":"3574944998215364","name":"ShiJun","avatar":"https://static.tigerbbs.com/545e0913498b32c1a00eeba1047a0c92","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3574944998215364","idStr":"3574944998215364"},"themes":[],"htmlText":"Like and comment let’s go","listText":"Like and comment let’s go","text":"Like and comment let’s go","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":8,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/355227560","repostId":"2123126131","repostType":4,"repost":{"id":"2123126131","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":1617074537,"share":"https://ttm.financial/m/news/2123126131?lang=en_US&edition=fundamental","pubTime":"2021-03-30 11:22","market":"sg","language":"en","title":"Singapore Hin Leong founder O.K. Lim faces another 23 forgery-related charges - prosecutor","url":"https://stock-news.laohu8.com/highlight/detail?id=2123126131","media":"Reuters","summary":"SINGAPORE, March 30 (Reuters) - Lim Oon Kuin, the founder of collapsed oil trading firm Hin Leong Tr","content":"<p>SINGAPORE, March 30 (Reuters) - Lim Oon Kuin, the founder of collapsed oil trading firm Hin Leong Trading Pte Ltd, is expected to face another 23 charges of forgery-related offences soon, Singapore's prosecution said.</p>\n<p>The 23 charges are expected to be tendered on April 8, Deputy Public Prosecutor Navin Naidu told a Singapore court on Monday.</p>\n<p>The Singapore Attorney-General's Chambers confirmed the prosecutor's comments.</p>\n<p>The Lim family's legal advisers, Davinder Singh Chambers LLC, did not immediately respond to an emailed request for comment.</p>\n<p>Last year, Singapore police charged the 78-year-old former oil tycoon, better known as O.K. Lim, with two counts of abetment of forgery for the purpose of cheating.</p>\n<p>Owned by O.K. Lim and his children, Hin Leong was set up in 1973 and was once <a href=\"https://laohu8.com/S/AONE\">one</a> of Asia's top oil traders. It racked up some $4 billion in debt after a crash in oil prices last year exposed years of losses and alleged fraud by the Lim family.</p>\n<p>Accounting firm PwC, which was appointed Hin Leong's judicial manager by the court, said in a report last year the company had overstated the value of its assets by at least $3 billion.</p>\n<p>Hin Leong entered court restructuring last year and was wound up in March.</p>\n<p>(Reporting by Aradhana Aravindan; Writing by Florence Tan; Editing by Lincoln Feast.)</p>\n<p>((Florence.Tan@thomsonreuters.com; Reuters Messaging: florence.tan.thomsonreuters.com@reuters.net))</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>Singapore Hin Leong founder O.K. Lim faces another 23 forgery-related charges - prosecutor</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\">\nSingapore Hin Leong founder O.K. Lim faces another 23 forgery-related charges - prosecutor\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\">2021-03-30 11:22</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>SINGAPORE, March 30 (Reuters) - Lim Oon Kuin, the founder of collapsed oil trading firm Hin Leong Trading Pte Ltd, is expected to face another 23 charges of forgery-related offences soon, Singapore's prosecution said.</p>\n<p>The 23 charges are expected to be tendered on April 8, Deputy Public Prosecutor Navin Naidu told a Singapore court on Monday.</p>\n<p>The Singapore Attorney-General's Chambers confirmed the prosecutor's comments.</p>\n<p>The Lim family's legal advisers, Davinder Singh Chambers LLC, did not immediately respond to an emailed request for comment.</p>\n<p>Last year, Singapore police charged the 78-year-old former oil tycoon, better known as O.K. Lim, with two counts of abetment of forgery for the purpose of cheating.</p>\n<p>Owned by O.K. Lim and his children, Hin Leong was set up in 1973 and was once <a href=\"https://laohu8.com/S/AONE\">one</a> of Asia's top oil traders. It racked up some $4 billion in debt after a crash in oil prices last year exposed years of losses and alleged fraud by the Lim family.</p>\n<p>Accounting firm PwC, which was appointed Hin Leong's judicial manager by the court, said in a report last year the company had overstated the value of its assets by at least $3 billion.</p>\n<p>Hin Leong entered court restructuring last year and was wound up in March.</p>\n<p>(Reporting by Aradhana Aravindan; Writing by Florence Tan; Editing by Lincoln Feast.)</p>\n<p>((Florence.Tan@thomsonreuters.com; Reuters Messaging: florence.tan.thomsonreuters.com@reuters.net))</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://static.tigerbbs.com/a2b8c3b51114fd73abb93d39ddbf6e91","relate_stocks":{"UCO":"二倍做多彭博原油ETF","DUG":"二倍做空石油与天然气ETF(ProShares)","SCO":"二倍做空彭博原油指数ETF","USO":"美国原油ETF","DWT":"三倍做空原油ETN","DDG":"ProShares做空石油与天然气ETF"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2123126131","content_text":"SINGAPORE, March 30 (Reuters) - Lim Oon Kuin, the founder of collapsed oil trading firm Hin Leong Trading Pte Ltd, is expected to face another 23 charges of forgery-related offences soon, Singapore's prosecution said.\nThe 23 charges are expected to be tendered on April 8, Deputy Public Prosecutor Navin Naidu told a Singapore court on Monday.\nThe Singapore Attorney-General's Chambers confirmed the prosecutor's comments.\nThe Lim family's legal advisers, Davinder Singh Chambers LLC, did not immediately respond to an emailed request for comment.\nLast year, Singapore police charged the 78-year-old former oil tycoon, better known as O.K. Lim, with two counts of abetment of forgery for the purpose of cheating.\nOwned by O.K. Lim and his children, Hin Leong was set up in 1973 and was once one of Asia's top oil traders. It racked up some $4 billion in debt after a crash in oil prices last year exposed years of losses and alleged fraud by the Lim family.\nAccounting firm PwC, which was appointed Hin Leong's judicial manager by the court, said in a report last year the company had overstated the value of its assets by at least $3 billion.\nHin Leong entered court restructuring last year and was wound up in March.\n(Reporting by Aradhana Aravindan; Writing by Florence Tan; Editing by Lincoln Feast.)\n((Florence.Tan@thomsonreuters.com; Reuters Messaging: florence.tan.thomsonreuters.com@reuters.net))","news_type":1,"symbols_score_info":{"QMmain":0.9,"UCO":0.9,"DDG":0.9,"USO":0.9,"DWT":0.9,"BZmain":0.9,"CLmain":0.9,"DUG":0.9,"SCO":0.9}},"isVote":1,"tweetType":1,"viewCount":933,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":355227221,"gmtCreate":1617078033563,"gmtModify":1704801659374,"author":{"id":"3574944998215364","authorId":"3574944998215364","name":"ShiJun","avatar":"https://static.tigerbbs.com/545e0913498b32c1a00eeba1047a0c92","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3574944998215364","idStr":"3574944998215364"},"themes":[],"htmlText":"downy","listText":"downy","text":"downy","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/355227221","repostId":"2123126131","repostType":4,"repost":{"id":"2123126131","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":1617074537,"share":"https://ttm.financial/m/news/2123126131?lang=en_US&edition=fundamental","pubTime":"2021-03-30 11:22","market":"sg","language":"en","title":"Singapore Hin Leong founder O.K. Lim faces another 23 forgery-related charges - prosecutor","url":"https://stock-news.laohu8.com/highlight/detail?id=2123126131","media":"Reuters","summary":"SINGAPORE, March 30 (Reuters) - Lim Oon Kuin, the founder of collapsed oil trading firm Hin Leong Tr","content":"<p>SINGAPORE, March 30 (Reuters) - Lim Oon Kuin, the founder of collapsed oil trading firm Hin Leong Trading Pte Ltd, is expected to face another 23 charges of forgery-related offences soon, Singapore's prosecution said.</p>\n<p>The 23 charges are expected to be tendered on April 8, Deputy Public Prosecutor Navin Naidu told a Singapore court on Monday.</p>\n<p>The Singapore Attorney-General's Chambers confirmed the prosecutor's comments.</p>\n<p>The Lim family's legal advisers, Davinder Singh Chambers LLC, did not immediately respond to an emailed request for comment.</p>\n<p>Last year, Singapore police charged the 78-year-old former oil tycoon, better known as O.K. Lim, with two counts of abetment of forgery for the purpose of cheating.</p>\n<p>Owned by O.K. Lim and his children, Hin Leong was set up in 1973 and was once <a href=\"https://laohu8.com/S/AONE\">one</a> of Asia's top oil traders. It racked up some $4 billion in debt after a crash in oil prices last year exposed years of losses and alleged fraud by the Lim family.</p>\n<p>Accounting firm PwC, which was appointed Hin Leong's judicial manager by the court, said in a report last year the company had overstated the value of its assets by at least $3 billion.</p>\n<p>Hin Leong entered court restructuring last year and was wound up in March.</p>\n<p>(Reporting by Aradhana Aravindan; Writing by Florence Tan; Editing by Lincoln Feast.)</p>\n<p>((Florence.Tan@thomsonreuters.com; Reuters Messaging: florence.tan.thomsonreuters.com@reuters.net))</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>Singapore Hin Leong founder O.K. Lim faces another 23 forgery-related charges - prosecutor</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\">\nSingapore Hin Leong founder O.K. Lim faces another 23 forgery-related charges - prosecutor\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\">2021-03-30 11:22</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>SINGAPORE, March 30 (Reuters) - Lim Oon Kuin, the founder of collapsed oil trading firm Hin Leong Trading Pte Ltd, is expected to face another 23 charges of forgery-related offences soon, Singapore's prosecution said.</p>\n<p>The 23 charges are expected to be tendered on April 8, Deputy Public Prosecutor Navin Naidu told a Singapore court on Monday.</p>\n<p>The Singapore Attorney-General's Chambers confirmed the prosecutor's comments.</p>\n<p>The Lim family's legal advisers, Davinder Singh Chambers LLC, did not immediately respond to an emailed request for comment.</p>\n<p>Last year, Singapore police charged the 78-year-old former oil tycoon, better known as O.K. Lim, with two counts of abetment of forgery for the purpose of cheating.</p>\n<p>Owned by O.K. Lim and his children, Hin Leong was set up in 1973 and was once <a href=\"https://laohu8.com/S/AONE\">one</a> of Asia's top oil traders. It racked up some $4 billion in debt after a crash in oil prices last year exposed years of losses and alleged fraud by the Lim family.</p>\n<p>Accounting firm PwC, which was appointed Hin Leong's judicial manager by the court, said in a report last year the company had overstated the value of its assets by at least $3 billion.</p>\n<p>Hin Leong entered court restructuring last year and was wound up in March.</p>\n<p>(Reporting by Aradhana Aravindan; Writing by Florence Tan; Editing by Lincoln Feast.)</p>\n<p>((Florence.Tan@thomsonreuters.com; Reuters Messaging: florence.tan.thomsonreuters.com@reuters.net))</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://static.tigerbbs.com/a2b8c3b51114fd73abb93d39ddbf6e91","relate_stocks":{"UCO":"二倍做多彭博原油ETF","DUG":"二倍做空石油与天然气ETF(ProShares)","SCO":"二倍做空彭博原油指数ETF","USO":"美国原油ETF","DWT":"三倍做空原油ETN","DDG":"ProShares做空石油与天然气ETF"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2123126131","content_text":"SINGAPORE, March 30 (Reuters) - Lim Oon Kuin, the founder of collapsed oil trading firm Hin Leong Trading Pte Ltd, is expected to face another 23 charges of forgery-related offences soon, Singapore's prosecution said.\nThe 23 charges are expected to be tendered on April 8, Deputy Public Prosecutor Navin Naidu told a Singapore court on Monday.\nThe Singapore Attorney-General's Chambers confirmed the prosecutor's comments.\nThe Lim family's legal advisers, Davinder Singh Chambers LLC, did not immediately respond to an emailed request for comment.\nLast year, Singapore police charged the 78-year-old former oil tycoon, better known as O.K. Lim, with two counts of abetment of forgery for the purpose of cheating.\nOwned by O.K. Lim and his children, Hin Leong was set up in 1973 and was once one of Asia's top oil traders. It racked up some $4 billion in debt after a crash in oil prices last year exposed years of losses and alleged fraud by the Lim family.\nAccounting firm PwC, which was appointed Hin Leong's judicial manager by the court, said in a report last year the company had overstated the value of its assets by at least $3 billion.\nHin Leong entered court restructuring last year and was wound up in March.\n(Reporting by Aradhana Aravindan; Writing by Florence Tan; Editing by Lincoln Feast.)\n((Florence.Tan@thomsonreuters.com; Reuters Messaging: florence.tan.thomsonreuters.com@reuters.net))","news_type":1,"symbols_score_info":{"QMmain":0.9,"UCO":0.9,"DDG":0.9,"USO":0.9,"DWT":0.9,"BZmain":0.9,"CLmain":0.9,"DUG":0.9,"SCO":0.9}},"isVote":1,"tweetType":1,"viewCount":969,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":352286417,"gmtCreate":1616978614139,"gmtModify":1704800290646,"author":{"id":"3574944998215364","authorId":"3574944998215364","name":"ShiJun","avatar":"https://static.tigerbbs.com/545e0913498b32c1a00eeba1047a0c92","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3574944998215364","idStr":"3574944998215364"},"themes":[],"htmlText":"what would u guys be buying?","listText":"what would u guys be buying?","text":"what would u guys be buying?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/352286417","repostId":"2123281118","repostType":4,"isVote":1,"tweetType":1,"viewCount":1191,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":352091408,"gmtCreate":1616825063204,"gmtModify":1704799456213,"author":{"id":"3574944998215364","authorId":"3574944998215364","name":"ShiJun","avatar":"https://static.tigerbbs.com/545e0913498b32c1a00eeba1047a0c92","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3574944998215364","idStr":"3574944998215364"},"themes":[],"htmlText":"Like comment","listText":"Like comment","text":"Like comment","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/352091408","repostId":"1111192234","repostType":4,"repost":{"id":"1111192234","kind":"news","pubTimestamp":1616772179,"share":"https://ttm.financial/m/news/1111192234?lang=en_US&edition=fundamental","pubTime":"2021-03-26 23:22","market":"us","language":"en","title":"Tesla Deliveries Are Coming. They Matter More Than Ever. Here’s What to Expect.","url":"https://stock-news.laohu8.com/highlight/detail?id=1111192234","media":"Barrons","summary":"The first quarter ends in just a few days. That means more delivery data from auto makers is due. For investors, the figures will be higher stakes than usual. The reason is simple: The global automotive microchip shortage is roiling the entire car business.Numbers will matter even more for richly valued, high-growth companies such as Tesla. Tesla investors want growth, and the chip situation is squeezing growth. Both General Motors and Ford Motor have taken unexpected plant downtime recently and","content":"<p>The first quarter ends in just a few days. That means more delivery data from auto makers is due. For investors, the figures will be higher stakes than usual. The reason is simple: The global automotive microchip shortage is roiling the entire car business.</p>\n<p>Numbers will matter even more for richly valued, high-growth companies such as&nbsp;Tesla(ticker: TSLA). Tesla investors want growth, and the chip situation is squeezing growth. Both&nbsp;General Motors(GM) and&nbsp;Ford Motor(F) have taken unexpected plant downtime recently and have called the chip issue a billion-dollar profit headwind for 2021. That’s not what investors want to hear.</p>\n<p>Everyone is aware of the issue. Still, when first-quarter data is released, investors have to decide whether or not to give Tesla, or any other fast-growing EV maker, a pass if results are weaker than expected.</p>\n<p>So far the market isn’t feeling charitable. But the sample size is only one stock.</p>\n<p>NIO&nbsp;shares (NIO) are down more than 6% in Friday trading after the EV maker&nbsp;reduced guidance&nbsp;for first-quarter deliveries from about 20,250 cars to about 19,500. NIO management cited the chip shortage and is shutting a manufacturing plant for five days starting March 29.</p>\n<p>For Tesla, Wall Street is looking for about 162,000 vehicles delivered in March. That’s down from a peak estimate of about 183,000 vehicles. Analysts seem to be reducing numbers, possibly because of the shortage.</p>\n<p>Tesla delivered about 181,000 vehicles in the&nbsp;fourth quarter. For the full year 2021, analysts are looking for almost 800,000 vehicle deliveries, up about 60% year over year.</p>\n<p>RBC analyst&nbsp;Joe Spak&nbsp;is forecasting 170,000 first-quarter deliveries, up more than 90% year over year. He also forecasts Tesla will make 96,000 cars in California and 74,000 cars in China during the quarter. “Consensus [estimate] looks mostly reasonable,” wrote Spak in a Thursday report. “We do look for updates to see how the semi shortage is impacting&nbsp;Tesla—as it has the rest of the industry.” He sees some additional downside risk to estimates, especially for second-quarter numbers, because of chips.</p>\n<p>Spak rates Tesla stock Hold and has a $725 price target for shares.</p>\n<p>In the case of Tesla stock, the chip shortage has taken a back seat to rising interest rates. Rising rateshit growth stocksin two main ways. For starters, it makes growth more expensive to finance. NIO isn’t profitable yet. High-growth companies generate most of their cash flow far in the future. That cash flow is worth a little less, relatively speaking, when investors can earn higher interest rates on their cash today.</p>\n<p>Tesla stock is down roughly 10% year to date after rising more than 740% in 2020. Shares are down 0.9% in early Friday trading, at $634.40. The&nbsp;S&amp;P 500is up about 0.7%.</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>Tesla Deliveries Are Coming. They Matter More Than Ever. Here’s What to Expect.</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\">\nTesla Deliveries Are Coming. They Matter More Than Ever. Here’s What to Expect.\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-03-26 23:22 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.barrons.com/articles/tesla-deliveries-are-coming-they-matter-more-than-ever-heres-what-to-expect-51616769819?mod=hp_DAY_Theme_1_3><strong>Barrons</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>The first quarter ends in just a few days. That means more delivery data from auto makers is due. For investors, the figures will be higher stakes than usual. The reason is simple: The global ...</p>\n\n<a href=\"https://www.barrons.com/articles/tesla-deliveries-are-coming-they-matter-more-than-ever-heres-what-to-expect-51616769819?mod=hp_DAY_Theme_1_3\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"TSLA":"特斯拉"},"source_url":"https://www.barrons.com/articles/tesla-deliveries-are-coming-they-matter-more-than-ever-heres-what-to-expect-51616769819?mod=hp_DAY_Theme_1_3","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1111192234","content_text":"The first quarter ends in just a few days. That means more delivery data from auto makers is due. For investors, the figures will be higher stakes than usual. The reason is simple: The global automotive microchip shortage is roiling the entire car business.\nNumbers will matter even more for richly valued, high-growth companies such as Tesla(ticker: TSLA). Tesla investors want growth, and the chip situation is squeezing growth. Both General Motors(GM) and Ford Motor(F) have taken unexpected plant downtime recently and have called the chip issue a billion-dollar profit headwind for 2021. That’s not what investors want to hear.\nEveryone is aware of the issue. Still, when first-quarter data is released, investors have to decide whether or not to give Tesla, or any other fast-growing EV maker, a pass if results are weaker than expected.\nSo far the market isn’t feeling charitable. But the sample size is only one stock.\nNIO shares (NIO) are down more than 6% in Friday trading after the EV maker reduced guidance for first-quarter deliveries from about 20,250 cars to about 19,500. NIO management cited the chip shortage and is shutting a manufacturing plant for five days starting March 29.\nFor Tesla, Wall Street is looking for about 162,000 vehicles delivered in March. That’s down from a peak estimate of about 183,000 vehicles. Analysts seem to be reducing numbers, possibly because of the shortage.\nTesla delivered about 181,000 vehicles in the fourth quarter. For the full year 2021, analysts are looking for almost 800,000 vehicle deliveries, up about 60% year over year.\nRBC analyst Joe Spak is forecasting 170,000 first-quarter deliveries, up more than 90% year over year. He also forecasts Tesla will make 96,000 cars in California and 74,000 cars in China during the quarter. “Consensus [estimate] looks mostly reasonable,” wrote Spak in a Thursday report. “We do look for updates to see how the semi shortage is impacting Tesla—as it has the rest of the industry.” He sees some additional downside risk to estimates, especially for second-quarter numbers, because of chips.\nSpak rates Tesla stock Hold and has a $725 price target for shares.\nIn the case of Tesla stock, the chip shortage has taken a back seat to rising interest rates. Rising rateshit growth stocksin two main ways. For starters, it makes growth more expensive to finance. NIO isn’t profitable yet. High-growth companies generate most of their cash flow far in the future. That cash flow is worth a little less, relatively speaking, when investors can earn higher interest rates on their cash today.\nTesla stock is down roughly 10% year to date after rising more than 740% in 2020. Shares are down 0.9% in early Friday trading, at $634.40. The S&P 500is up about 0.7%.","news_type":1,"symbols_score_info":{"TSLA":0.9}},"isVote":1,"tweetType":1,"viewCount":1398,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":353396589,"gmtCreate":1616459711941,"gmtModify":1704794326706,"author":{"id":"3574944998215364","authorId":"3574944998215364","name":"ShiJun","avatar":"https://static.tigerbbs.com/545e0913498b32c1a00eeba1047a0c92","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3574944998215364","idStr":"3574944998215364"},"themes":[],"htmlText":"like comment","listText":"like comment","text":"like comment","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/353396589","repostId":"2121817206","repostType":4,"repost":{"id":"2121817206","kind":"highlight","pubTimestamp":1616484395,"share":"https://ttm.financial/m/news/2121817206?lang=en_US&edition=fundamental","pubTime":"2021-03-23 15:26","market":"fut","language":"en","title":"Bitcoin, crypto investors will be watching these 5 questions facing the Biden administration","url":"https://stock-news.laohu8.com/highlight/detail?id=2121817206","media":"MarketWatch","summary":"Investors may look forward to bitcoin ETFs, but also stricter rules on money laundering and financia","content":"<p>Investors may look forward to bitcoin ETFs, but also stricter rules on money laundering and financial stability</p><p>The stock market’s recovery from last year’s COVID-driven crash is a testament to the unprecedented level of federal stimulus pumped into the economy over the past twelve months, but few asset classes have benefitted from a rebound in financial markets more than cryptocurrencies.</p><p>Bitcoin&nbsp;has risen a staggering 548% during the past twelve months, while Ethereum,the second most valuable cryptocurrency, has gained roughly 690% during that time, according to FactSet, compared to a 71% rise for the S&amp;P 500. But the fate of this rally could depend greatly on President Joe Biden and his administration’s regulatory stance to the burgeoning crypto economy, experts tell MarketWatch. Here are the five biggest regulatory questions the Biden administration will face in the coming months and years that will greatly impact cyrpto investors:</p><p><b>Who will be the Comptroller of the Currency?</b></p><p>The agency in charge of chartering and supervising national banks is typically one of the more obscure federal financial regulators. But OCC has caught the attention of the crypto community through its championing of integration between the crypto economy and the legacy financial system under the brief leadership of former Acting Comptroller of the Currency Brian Brooks, said Jackson Mueller, director of policy and government relations at the crypto consultancy Securrency.</p><p>During his eight months as acting comptroller, Brooks issued issued several guidance letters affirming the ability of nationally chartered banks to serve as&nbsp;custodians of crypto assetsand use a type of cryptocurrency called a stablecoin to make payments, among other issues. “The big issue is what happens to the guidance issued by Brooks and his team when someone else comes in,” Mueller told MarketWatch. “Do they go in a completely opposite direction and rescind that guidance?”</p><p>Stablecoins are a type of cryptocurrency that pegs its value to some other asset. The most popular is Tether, pegged to the U.S. dollar. The crypto community is fond of these instruments because they facilitate transactions between highly volatile digital currencies —some analysts arguethat Bitcoin’s rally has been enabled by aggressive issuance of new Tether tokens.</p><p>Unlike currencies like Bitcoin and Ether, however, stablecoins are often not decentralized, but run by single companies and backed by assets held by traditional banks. Brooks’ guidance serves to give federally chartered banks the go-ahead to be a custodian for stablecoins and to use them for their own payments.</p><p>The crypto community&nbsp;was excited&nbsp;at reports that Biden would name Michael Barr, who served at the Treasury Department during the Obama administration, as comptroller. Barr had ties to several fintech companies and he served on an advisory board at Ripple, issuer of the eponymous cryptocurrency.But Barr is reportedly&nbsp;no longer in contention&nbsp;for the job after progressives in the administration protested.</p><p>Law professor Mehrsa Baradaran, an expert on the racial wealth gap, has emerged as the odds-on favorite to win the role, and crypto investors are less enthused about this pick, given the skepticism she has shown toward cryptocurrencies in the past.</p><p>“While I share many of the cryptocurrency industry’s concerns with respect to failures of the banking industry, I do not believe cryptocurrency is the best solution to the problems of financial inclusion and equity in banking,” Baradaran&nbsp;told the Senate Banking Committee in 2019, arguing instead that Congress should task the Federal Reserve with setting up a digital payments infrastructure available to all Americans.</p><p><b>Are cryptocurrencies a threat to financial stability</b>?</p><p>The OCC will not be the only financial regulator concerned with the use of stablecoins, given the growing number of observers who claim that these instruments have enabled the growth of a new “shadow” banking system that threatens the stability of the U.S. financial system.</p><p>Democratic Rep. Rashida Tlaib of Michigan&nbsp;recently proposed a bill&nbsp;that would require issuers of stablecoins to obtain a banking charter and obtain Federal Deposit Insurance Corporation insurance or keep reserves at the Federal Reserve “to ensure that all stablecoins can be readily converted into United States dollars, on demand.”</p><p>Rohan Grey, president of the Modern Money Network, who helped craft the bill, has likened stablecoins to money market mutual funds, which came under great stress during the 2008 financial crisis.</p><p>“We were looking at history of shadow banking and the examples in which entities… would claim they’d invented an instrument that walked and talked like money, that could be used like money, could be considered roughly as safe and stable as money in most circumstances,” Grey&nbsp;told The Block&nbsp;in December. “But then at moments of crises those claims turned out to be hollow, they became a massive source of systemic risk and inevitably they’d be bailed out in the name of protecting consumers. The effect of that was to privatize gains to socialize losses.”</p><p>This issue of financial stability means that other regulators, including the Federal Reserve and the Treasury Department, may look to regulate stablecoins in the years to come.</p><p><b>How will the government curb crypto money laundering?</b></p><p>The most immediate regulatory issue that crypto investors will have to face is an impending decision by the Financial Crimes Enforcement Network — a Treasury Department unit tasked with fighting money laundering and other financial crimes — on new requirements for banks and other intermediaries to maintain records and verify customer identities for certain crypto transactions.</p><p>Jerry Brito of the think tank Coin Center says that in the waning days of the Trump administration, Treasury attempted to fast track new rules that were “ill considered.” New requirements would have enabled the government to learn the owners of private crypto wallets and therefore their entire transaction history, even if that person had done nothing suspicious.</p><p>“Since the Biden administration has come in, they’ve been more deferential to FinCen, who I don’t think ever really wanted this as much as [former Treasury Secretary] Steve Mnuchin did,” he said, adding that law enforcement was wary the rules would encourage criminals to refrain from transacting with U.S.-based exchanges that are known to cooperate with criminal investigations. “The Biden administration will take a more rational approach going forward,” said Brito, who is Coin Center’s executive director.</p><p><b>What will happen with the Ripple lawsuit?</b></p><p>Gary Gensler, who is expected to be confirmed as chairman of the Securities and Exchange Commission, will have many crypto-related issues to deal with — not least of which is a lawsuit filed in December against Ripple by the SEC.</p><p>In its complaint, the SEC accused Ripple and its executives Brad Garlinghouse and Christian Larsen of selling more than $1 billion in digital currency without registering with the SEC. While SEC officials have said publicly that they don’t believe Bitcoin or Ethereum are securities that must be registered, the lawsuit indicates that the SEC views Ripple differently.</p><p>“I’ve been surprised that the suit wasn’t filed a long time ago because Ripple is very different from Bitcoin or Ethereum,” Angela Walch, law professor and cryptocurrency expert at St. Mary’s School of Law, told MarketWatch. “It’s not truly a decentralized currency because you’ve had a single company essentially running it.”</p><p>If the SEC is victorious in its suit, that will go a long way in helping define what types of digital assets will be viewed as currencies and which will be viewed as securities, Walch added.</p><p><b>Will the SEC approve bitcoin ETFs</b>?</p><p>Crypto enthusiasts cheered Gensler’s nomination to lead the SEC, given his history of teaching blockchain and digital currencies at MIT’s Sloan School of Management. Coin Center’s Brito argued that his accession to the role of chairman will be good news for the many financial services firms attempting to sell Bitcoin exchange-traded funds.</p><p>Several major financial services firms have submitted applications to offer bitcoin ETFs, incluind Wisdom Tree, Morgan Stanley&nbsp;and VanEck. Theoretically, investors might prefer bitcoin ETFs because purchasing actual bitcoin can be a hassle, as investors have to set up digital wallets or move money on to a crypto exchange. These ETFs, however, could be bought and sold much like traditional stocks.</p><p>“Gary Gensler is somebody who likes orderly markets,” Brito said. “What a better way of allowing investors to participate in this asset class in an orderly way than having a well-regulated ETF.”</p>","source":"market_watch","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>Bitcoin, crypto investors will be watching these 5 questions facing the Biden administration</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\">\nBitcoin, crypto investors will be watching these 5 questions facing the Biden administration\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-03-23 15:26 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.marketwatch.com/story/bitcoin-crypto-investors-will-be-watching-these-5-questions-facing-the-biden-administration-11616442245?mod=home-page><strong>MarketWatch</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Investors may look forward to bitcoin ETFs, but also stricter rules on money laundering and financial stabilityThe stock market’s recovery from last year’s COVID-driven crash is a testament to the ...</p>\n\n<a href=\"https://www.marketwatch.com/story/bitcoin-crypto-investors-will-be-watching-these-5-questions-facing-the-biden-administration-11616442245?mod=home-page\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"GBTC":"比特币ETF-Grayscale","TSLA":"特斯拉","PYPL":"PayPal"},"source_url":"https://www.marketwatch.com/story/bitcoin-crypto-investors-will-be-watching-these-5-questions-facing-the-biden-administration-11616442245?mod=home-page","is_english":true,"share_image_url":"https://static.laohu8.com/599a65733b8245fcf7868668ef9ad712","article_id":"2121817206","content_text":"Investors may look forward to bitcoin ETFs, but also stricter rules on money laundering and financial stabilityThe stock market’s recovery from last year’s COVID-driven crash is a testament to the unprecedented level of federal stimulus pumped into the economy over the past twelve months, but few asset classes have benefitted from a rebound in financial markets more than cryptocurrencies.Bitcoin has risen a staggering 548% during the past twelve months, while Ethereum,the second most valuable cryptocurrency, has gained roughly 690% during that time, according to FactSet, compared to a 71% rise for the S&P 500. But the fate of this rally could depend greatly on President Joe Biden and his administration’s regulatory stance to the burgeoning crypto economy, experts tell MarketWatch. Here are the five biggest regulatory questions the Biden administration will face in the coming months and years that will greatly impact cyrpto investors:Who will be the Comptroller of the Currency?The agency in charge of chartering and supervising national banks is typically one of the more obscure federal financial regulators. But OCC has caught the attention of the crypto community through its championing of integration between the crypto economy and the legacy financial system under the brief leadership of former Acting Comptroller of the Currency Brian Brooks, said Jackson Mueller, director of policy and government relations at the crypto consultancy Securrency.During his eight months as acting comptroller, Brooks issued issued several guidance letters affirming the ability of nationally chartered banks to serve as custodians of crypto assetsand use a type of cryptocurrency called a stablecoin to make payments, among other issues. “The big issue is what happens to the guidance issued by Brooks and his team when someone else comes in,” Mueller told MarketWatch. “Do they go in a completely opposite direction and rescind that guidance?”Stablecoins are a type of cryptocurrency that pegs its value to some other asset. The most popular is Tether, pegged to the U.S. dollar. The crypto community is fond of these instruments because they facilitate transactions between highly volatile digital currencies —some analysts arguethat Bitcoin’s rally has been enabled by aggressive issuance of new Tether tokens.Unlike currencies like Bitcoin and Ether, however, stablecoins are often not decentralized, but run by single companies and backed by assets held by traditional banks. Brooks’ guidance serves to give federally chartered banks the go-ahead to be a custodian for stablecoins and to use them for their own payments.The crypto community was excited at reports that Biden would name Michael Barr, who served at the Treasury Department during the Obama administration, as comptroller. Barr had ties to several fintech companies and he served on an advisory board at Ripple, issuer of the eponymous cryptocurrency.But Barr is reportedly no longer in contention for the job after progressives in the administration protested.Law professor Mehrsa Baradaran, an expert on the racial wealth gap, has emerged as the odds-on favorite to win the role, and crypto investors are less enthused about this pick, given the skepticism she has shown toward cryptocurrencies in the past.“While I share many of the cryptocurrency industry’s concerns with respect to failures of the banking industry, I do not believe cryptocurrency is the best solution to the problems of financial inclusion and equity in banking,” Baradaran told the Senate Banking Committee in 2019, arguing instead that Congress should task the Federal Reserve with setting up a digital payments infrastructure available to all Americans.Are cryptocurrencies a threat to financial stability?The OCC will not be the only financial regulator concerned with the use of stablecoins, given the growing number of observers who claim that these instruments have enabled the growth of a new “shadow” banking system that threatens the stability of the U.S. financial system.Democratic Rep. Rashida Tlaib of Michigan recently proposed a bill that would require issuers of stablecoins to obtain a banking charter and obtain Federal Deposit Insurance Corporation insurance or keep reserves at the Federal Reserve “to ensure that all stablecoins can be readily converted into United States dollars, on demand.”Rohan Grey, president of the Modern Money Network, who helped craft the bill, has likened stablecoins to money market mutual funds, which came under great stress during the 2008 financial crisis.“We were looking at history of shadow banking and the examples in which entities… would claim they’d invented an instrument that walked and talked like money, that could be used like money, could be considered roughly as safe and stable as money in most circumstances,” Grey told The Block in December. “But then at moments of crises those claims turned out to be hollow, they became a massive source of systemic risk and inevitably they’d be bailed out in the name of protecting consumers. The effect of that was to privatize gains to socialize losses.”This issue of financial stability means that other regulators, including the Federal Reserve and the Treasury Department, may look to regulate stablecoins in the years to come.How will the government curb crypto money laundering?The most immediate regulatory issue that crypto investors will have to face is an impending decision by the Financial Crimes Enforcement Network — a Treasury Department unit tasked with fighting money laundering and other financial crimes — on new requirements for banks and other intermediaries to maintain records and verify customer identities for certain crypto transactions.Jerry Brito of the think tank Coin Center says that in the waning days of the Trump administration, Treasury attempted to fast track new rules that were “ill considered.” New requirements would have enabled the government to learn the owners of private crypto wallets and therefore their entire transaction history, even if that person had done nothing suspicious.“Since the Biden administration has come in, they’ve been more deferential to FinCen, who I don’t think ever really wanted this as much as [former Treasury Secretary] Steve Mnuchin did,” he said, adding that law enforcement was wary the rules would encourage criminals to refrain from transacting with U.S.-based exchanges that are known to cooperate with criminal investigations. “The Biden administration will take a more rational approach going forward,” said Brito, who is Coin Center’s executive director.What will happen with the Ripple lawsuit?Gary Gensler, who is expected to be confirmed as chairman of the Securities and Exchange Commission, will have many crypto-related issues to deal with — not least of which is a lawsuit filed in December against Ripple by the SEC.In its complaint, the SEC accused Ripple and its executives Brad Garlinghouse and Christian Larsen of selling more than $1 billion in digital currency without registering with the SEC. While SEC officials have said publicly that they don’t believe Bitcoin or Ethereum are securities that must be registered, the lawsuit indicates that the SEC views Ripple differently.“I’ve been surprised that the suit wasn’t filed a long time ago because Ripple is very different from Bitcoin or Ethereum,” Angela Walch, law professor and cryptocurrency expert at St. Mary’s School of Law, told MarketWatch. “It’s not truly a decentralized currency because you’ve had a single company essentially running it.”If the SEC is victorious in its suit, that will go a long way in helping define what types of digital assets will be viewed as currencies and which will be viewed as securities, Walch added.Will the SEC approve bitcoin ETFs?Crypto enthusiasts cheered Gensler’s nomination to lead the SEC, given his history of teaching blockchain and digital currencies at MIT’s Sloan School of Management. Coin Center’s Brito argued that his accession to the role of chairman will be good news for the many financial services firms attempting to sell Bitcoin exchange-traded funds.Several major financial services firms have submitted applications to offer bitcoin ETFs, incluind Wisdom Tree, Morgan Stanley and VanEck. Theoretically, investors might prefer bitcoin ETFs because purchasing actual bitcoin can be a hassle, as investors have to set up digital wallets or move money on to a crypto exchange. These ETFs, however, could be bought and sold much like traditional stocks.“Gary Gensler is somebody who likes orderly markets,” Brito said. “What a better way of allowing investors to participate in this asset class in an orderly way than having a well-regulated ETF.”","news_type":1,"symbols_score_info":{"TSLA":0.9,"BTCmain":0.9,"SQ":0.9,"PYPL":0.9,"XBTmain":0.9,"GBTC":0.9}},"isVote":1,"tweetType":1,"viewCount":1175,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":324097466,"gmtCreate":1615942363655,"gmtModify":1704788695471,"author":{"id":"3574944998215364","authorId":"3574944998215364","name":"ShiJun","avatar":"https://static.tigerbbs.com/545e0913498b32c1a00eeba1047a0c92","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3574944998215364","idStr":"3574944998215364"},"themes":[],"htmlText":"comment :)","listText":"comment :)","text":"comment :)","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/324097466","repostId":"2119619927","repostType":4,"isVote":1,"tweetType":1,"viewCount":1103,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":324095579,"gmtCreate":1615942237391,"gmtModify":1704788691699,"author":{"id":"3574944998215364","authorId":"3574944998215364","name":"ShiJun","avatar":"https://static.tigerbbs.com/545e0913498b32c1a00eeba1047a0c92","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3574944998215364","idStr":"3574944998215364"},"themes":[],"htmlText":"wow should i buy some or should i wait for it to dip?","listText":"wow should i buy some or should i wait for it to dip?","text":"wow should i buy some or should i wait for it to dip?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/324095579","repostId":"1114446518","repostType":4,"repost":{"id":"1114446518","kind":"news","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":1615934666,"share":"https://ttm.financial/m/news/1114446518?lang=en_US&edition=fundamental","pubTime":"2021-03-17 06:44","market":"us","language":"en","title":"Squarespace valued at $10 billion in latest funding round","url":"https://stock-news.laohu8.com/highlight/detail?id=1114446518","media":"Reuters","summary":"Squarespace Inc said on Tuesday it raised about $300 million in its latest funding round, valuing th","content":"<p>Squarespace Inc said on Tuesday it raised about $300 million in its latest funding round, valuing the website building and hosting company at $10 billion, less than two months after confidentially filing paperwork for a U.S. stock market listing.</p>\n<p>New investors included Dragoneer, Tiger Global and D1 Capital Partners, the company said, adding that the proceeds will be used to fund its growth.</p>\n<p>Squarespace submitted the paperwork in January, without specifying if it would go public through a direct listing or a traditional initial public offering.</p>\n<p>The New York-based company, founded in 2003 by Chief Executive Officer Anthony Casalena, was valued at $1.7 billion at the end of 2017, when private equity firm General Atlantic invested $200 million in the company, according to PitchBook.</p>\n<p>Existing investors such as General Atlantic and Accel also participated in the latest funding round, Squarespace said.</p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Squarespace valued at $10 billion in latest funding round</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\">\nSquarespace valued at $10 billion in latest funding round\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\">2021-03-17 06:44</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>Squarespace Inc said on Tuesday it raised about $300 million in its latest funding round, valuing the website building and hosting company at $10 billion, less than two months after confidentially filing paperwork for a U.S. stock market listing.</p>\n<p>New investors included Dragoneer, Tiger Global and D1 Capital Partners, the company said, adding that the proceeds will be used to fund its growth.</p>\n<p>Squarespace submitted the paperwork in January, without specifying if it would go public through a direct listing or a traditional initial public offering.</p>\n<p>The New York-based company, founded in 2003 by Chief Executive Officer Anthony Casalena, was valued at $1.7 billion at the end of 2017, when private equity firm General Atlantic invested $200 million in the company, according to PitchBook.</p>\n<p>Existing investors such as General Atlantic and Accel also participated in the latest funding round, Squarespace said.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1114446518","content_text":"Squarespace Inc said on Tuesday it raised about $300 million in its latest funding round, valuing the website building and hosting company at $10 billion, less than two months after confidentially filing paperwork for a U.S. stock market listing.\nNew investors included Dragoneer, Tiger Global and D1 Capital Partners, the company said, adding that the proceeds will be used to fund its growth.\nSquarespace submitted the paperwork in January, without specifying if it would go public through a direct listing or a traditional initial public offering.\nThe New York-based company, founded in 2003 by Chief Executive Officer Anthony Casalena, was valued at $1.7 billion at the end of 2017, when private equity firm General Atlantic invested $200 million in the company, according to PitchBook.\nExisting investors such as General Atlantic and Accel also participated in the latest funding round, Squarespace said.","news_type":1,"symbols_score_info":{}},"isVote":1,"tweetType":1,"viewCount":1319,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"hots":[{"id":354131900,"gmtCreate":1617150193900,"gmtModify":1704696398042,"author":{"id":"3574944998215364","authorId":"3574944998215364","name":"ShiJun","avatar":"https://static.tigerbbs.com/545e0913498b32c1a00eeba1047a0c92","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3574944998215364","idStr":"3574944998215364"},"themes":[],"htmlText":"Nice like and comment","listText":"Nice like and comment","text":"Nice like and comment","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":3,"repostSize":0,"link":"https://ttm.financial/post/354131900","repostId":"1163996400","repostType":4,"isVote":1,"tweetType":1,"viewCount":1525,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":355227560,"gmtCreate":1617078052750,"gmtModify":1704801660023,"author":{"id":"3574944998215364","authorId":"3574944998215364","name":"ShiJun","avatar":"https://static.tigerbbs.com/545e0913498b32c1a00eeba1047a0c92","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3574944998215364","idStr":"3574944998215364"},"themes":[],"htmlText":"Like and comment let’s go","listText":"Like and comment let’s go","text":"Like and comment let’s go","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":8,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/355227560","repostId":"2123126131","repostType":4,"repost":{"id":"2123126131","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":1617074537,"share":"https://ttm.financial/m/news/2123126131?lang=en_US&edition=fundamental","pubTime":"2021-03-30 11:22","market":"sg","language":"en","title":"Singapore Hin Leong founder O.K. Lim faces another 23 forgery-related charges - prosecutor","url":"https://stock-news.laohu8.com/highlight/detail?id=2123126131","media":"Reuters","summary":"SINGAPORE, March 30 (Reuters) - Lim Oon Kuin, the founder of collapsed oil trading firm Hin Leong Tr","content":"<p>SINGAPORE, March 30 (Reuters) - Lim Oon Kuin, the founder of collapsed oil trading firm Hin Leong Trading Pte Ltd, is expected to face another 23 charges of forgery-related offences soon, Singapore's prosecution said.</p>\n<p>The 23 charges are expected to be tendered on April 8, Deputy Public Prosecutor Navin Naidu told a Singapore court on Monday.</p>\n<p>The Singapore Attorney-General's Chambers confirmed the prosecutor's comments.</p>\n<p>The Lim family's legal advisers, Davinder Singh Chambers LLC, did not immediately respond to an emailed request for comment.</p>\n<p>Last year, Singapore police charged the 78-year-old former oil tycoon, better known as O.K. Lim, with two counts of abetment of forgery for the purpose of cheating.</p>\n<p>Owned by O.K. Lim and his children, Hin Leong was set up in 1973 and was once <a href=\"https://laohu8.com/S/AONE\">one</a> of Asia's top oil traders. It racked up some $4 billion in debt after a crash in oil prices last year exposed years of losses and alleged fraud by the Lim family.</p>\n<p>Accounting firm PwC, which was appointed Hin Leong's judicial manager by the court, said in a report last year the company had overstated the value of its assets by at least $3 billion.</p>\n<p>Hin Leong entered court restructuring last year and was wound up in March.</p>\n<p>(Reporting by Aradhana Aravindan; Writing by Florence Tan; Editing by Lincoln Feast.)</p>\n<p>((Florence.Tan@thomsonreuters.com; Reuters Messaging: florence.tan.thomsonreuters.com@reuters.net))</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>Singapore Hin Leong founder O.K. Lim faces another 23 forgery-related charges - prosecutor</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\">\nSingapore Hin Leong founder O.K. Lim faces another 23 forgery-related charges - prosecutor\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\">2021-03-30 11:22</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>SINGAPORE, March 30 (Reuters) - Lim Oon Kuin, the founder of collapsed oil trading firm Hin Leong Trading Pte Ltd, is expected to face another 23 charges of forgery-related offences soon, Singapore's prosecution said.</p>\n<p>The 23 charges are expected to be tendered on April 8, Deputy Public Prosecutor Navin Naidu told a Singapore court on Monday.</p>\n<p>The Singapore Attorney-General's Chambers confirmed the prosecutor's comments.</p>\n<p>The Lim family's legal advisers, Davinder Singh Chambers LLC, did not immediately respond to an emailed request for comment.</p>\n<p>Last year, Singapore police charged the 78-year-old former oil tycoon, better known as O.K. Lim, with two counts of abetment of forgery for the purpose of cheating.</p>\n<p>Owned by O.K. Lim and his children, Hin Leong was set up in 1973 and was once <a href=\"https://laohu8.com/S/AONE\">one</a> of Asia's top oil traders. It racked up some $4 billion in debt after a crash in oil prices last year exposed years of losses and alleged fraud by the Lim family.</p>\n<p>Accounting firm PwC, which was appointed Hin Leong's judicial manager by the court, said in a report last year the company had overstated the value of its assets by at least $3 billion.</p>\n<p>Hin Leong entered court restructuring last year and was wound up in March.</p>\n<p>(Reporting by Aradhana Aravindan; Writing by Florence Tan; Editing by Lincoln Feast.)</p>\n<p>((Florence.Tan@thomsonreuters.com; Reuters Messaging: florence.tan.thomsonreuters.com@reuters.net))</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://static.tigerbbs.com/a2b8c3b51114fd73abb93d39ddbf6e91","relate_stocks":{"UCO":"二倍做多彭博原油ETF","DUG":"二倍做空石油与天然气ETF(ProShares)","SCO":"二倍做空彭博原油指数ETF","USO":"美国原油ETF","DWT":"三倍做空原油ETN","DDG":"ProShares做空石油与天然气ETF"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2123126131","content_text":"SINGAPORE, March 30 (Reuters) - Lim Oon Kuin, the founder of collapsed oil trading firm Hin Leong Trading Pte Ltd, is expected to face another 23 charges of forgery-related offences soon, Singapore's prosecution said.\nThe 23 charges are expected to be tendered on April 8, Deputy Public Prosecutor Navin Naidu told a Singapore court on Monday.\nThe Singapore Attorney-General's Chambers confirmed the prosecutor's comments.\nThe Lim family's legal advisers, Davinder Singh Chambers LLC, did not immediately respond to an emailed request for comment.\nLast year, Singapore police charged the 78-year-old former oil tycoon, better known as O.K. Lim, with two counts of abetment of forgery for the purpose of cheating.\nOwned by O.K. Lim and his children, Hin Leong was set up in 1973 and was once one of Asia's top oil traders. It racked up some $4 billion in debt after a crash in oil prices last year exposed years of losses and alleged fraud by the Lim family.\nAccounting firm PwC, which was appointed Hin Leong's judicial manager by the court, said in a report last year the company had overstated the value of its assets by at least $3 billion.\nHin Leong entered court restructuring last year and was wound up in March.\n(Reporting by Aradhana Aravindan; Writing by Florence Tan; Editing by Lincoln Feast.)\n((Florence.Tan@thomsonreuters.com; Reuters Messaging: florence.tan.thomsonreuters.com@reuters.net))","news_type":1,"symbols_score_info":{"QMmain":0.9,"UCO":0.9,"DDG":0.9,"USO":0.9,"DWT":0.9,"BZmain":0.9,"CLmain":0.9,"DUG":0.9,"SCO":0.9}},"isVote":1,"tweetType":1,"viewCount":933,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":353396589,"gmtCreate":1616459711941,"gmtModify":1704794326706,"author":{"id":"3574944998215364","authorId":"3574944998215364","name":"ShiJun","avatar":"https://static.tigerbbs.com/545e0913498b32c1a00eeba1047a0c92","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3574944998215364","idStr":"3574944998215364"},"themes":[],"htmlText":"like comment","listText":"like comment","text":"like comment","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/353396589","repostId":"2121817206","repostType":4,"repost":{"id":"2121817206","kind":"highlight","pubTimestamp":1616484395,"share":"https://ttm.financial/m/news/2121817206?lang=en_US&edition=fundamental","pubTime":"2021-03-23 15:26","market":"fut","language":"en","title":"Bitcoin, crypto investors will be watching these 5 questions facing the Biden administration","url":"https://stock-news.laohu8.com/highlight/detail?id=2121817206","media":"MarketWatch","summary":"Investors may look forward to bitcoin ETFs, but also stricter rules on money laundering and financia","content":"<p>Investors may look forward to bitcoin ETFs, but also stricter rules on money laundering and financial stability</p><p>The stock market’s recovery from last year’s COVID-driven crash is a testament to the unprecedented level of federal stimulus pumped into the economy over the past twelve months, but few asset classes have benefitted from a rebound in financial markets more than cryptocurrencies.</p><p>Bitcoin&nbsp;has risen a staggering 548% during the past twelve months, while Ethereum,the second most valuable cryptocurrency, has gained roughly 690% during that time, according to FactSet, compared to a 71% rise for the S&amp;P 500. But the fate of this rally could depend greatly on President Joe Biden and his administration’s regulatory stance to the burgeoning crypto economy, experts tell MarketWatch. Here are the five biggest regulatory questions the Biden administration will face in the coming months and years that will greatly impact cyrpto investors:</p><p><b>Who will be the Comptroller of the Currency?</b></p><p>The agency in charge of chartering and supervising national banks is typically one of the more obscure federal financial regulators. But OCC has caught the attention of the crypto community through its championing of integration between the crypto economy and the legacy financial system under the brief leadership of former Acting Comptroller of the Currency Brian Brooks, said Jackson Mueller, director of policy and government relations at the crypto consultancy Securrency.</p><p>During his eight months as acting comptroller, Brooks issued issued several guidance letters affirming the ability of nationally chartered banks to serve as&nbsp;custodians of crypto assetsand use a type of cryptocurrency called a stablecoin to make payments, among other issues. “The big issue is what happens to the guidance issued by Brooks and his team when someone else comes in,” Mueller told MarketWatch. “Do they go in a completely opposite direction and rescind that guidance?”</p><p>Stablecoins are a type of cryptocurrency that pegs its value to some other asset. The most popular is Tether, pegged to the U.S. dollar. The crypto community is fond of these instruments because they facilitate transactions between highly volatile digital currencies —some analysts arguethat Bitcoin’s rally has been enabled by aggressive issuance of new Tether tokens.</p><p>Unlike currencies like Bitcoin and Ether, however, stablecoins are often not decentralized, but run by single companies and backed by assets held by traditional banks. Brooks’ guidance serves to give federally chartered banks the go-ahead to be a custodian for stablecoins and to use them for their own payments.</p><p>The crypto community&nbsp;was excited&nbsp;at reports that Biden would name Michael Barr, who served at the Treasury Department during the Obama administration, as comptroller. Barr had ties to several fintech companies and he served on an advisory board at Ripple, issuer of the eponymous cryptocurrency.But Barr is reportedly&nbsp;no longer in contention&nbsp;for the job after progressives in the administration protested.</p><p>Law professor Mehrsa Baradaran, an expert on the racial wealth gap, has emerged as the odds-on favorite to win the role, and crypto investors are less enthused about this pick, given the skepticism she has shown toward cryptocurrencies in the past.</p><p>“While I share many of the cryptocurrency industry’s concerns with respect to failures of the banking industry, I do not believe cryptocurrency is the best solution to the problems of financial inclusion and equity in banking,” Baradaran&nbsp;told the Senate Banking Committee in 2019, arguing instead that Congress should task the Federal Reserve with setting up a digital payments infrastructure available to all Americans.</p><p><b>Are cryptocurrencies a threat to financial stability</b>?</p><p>The OCC will not be the only financial regulator concerned with the use of stablecoins, given the growing number of observers who claim that these instruments have enabled the growth of a new “shadow” banking system that threatens the stability of the U.S. financial system.</p><p>Democratic Rep. Rashida Tlaib of Michigan&nbsp;recently proposed a bill&nbsp;that would require issuers of stablecoins to obtain a banking charter and obtain Federal Deposit Insurance Corporation insurance or keep reserves at the Federal Reserve “to ensure that all stablecoins can be readily converted into United States dollars, on demand.”</p><p>Rohan Grey, president of the Modern Money Network, who helped craft the bill, has likened stablecoins to money market mutual funds, which came under great stress during the 2008 financial crisis.</p><p>“We were looking at history of shadow banking and the examples in which entities… would claim they’d invented an instrument that walked and talked like money, that could be used like money, could be considered roughly as safe and stable as money in most circumstances,” Grey&nbsp;told The Block&nbsp;in December. “But then at moments of crises those claims turned out to be hollow, they became a massive source of systemic risk and inevitably they’d be bailed out in the name of protecting consumers. The effect of that was to privatize gains to socialize losses.”</p><p>This issue of financial stability means that other regulators, including the Federal Reserve and the Treasury Department, may look to regulate stablecoins in the years to come.</p><p><b>How will the government curb crypto money laundering?</b></p><p>The most immediate regulatory issue that crypto investors will have to face is an impending decision by the Financial Crimes Enforcement Network — a Treasury Department unit tasked with fighting money laundering and other financial crimes — on new requirements for banks and other intermediaries to maintain records and verify customer identities for certain crypto transactions.</p><p>Jerry Brito of the think tank Coin Center says that in the waning days of the Trump administration, Treasury attempted to fast track new rules that were “ill considered.” New requirements would have enabled the government to learn the owners of private crypto wallets and therefore their entire transaction history, even if that person had done nothing suspicious.</p><p>“Since the Biden administration has come in, they’ve been more deferential to FinCen, who I don’t think ever really wanted this as much as [former Treasury Secretary] Steve Mnuchin did,” he said, adding that law enforcement was wary the rules would encourage criminals to refrain from transacting with U.S.-based exchanges that are known to cooperate with criminal investigations. “The Biden administration will take a more rational approach going forward,” said Brito, who is Coin Center’s executive director.</p><p><b>What will happen with the Ripple lawsuit?</b></p><p>Gary Gensler, who is expected to be confirmed as chairman of the Securities and Exchange Commission, will have many crypto-related issues to deal with — not least of which is a lawsuit filed in December against Ripple by the SEC.</p><p>In its complaint, the SEC accused Ripple and its executives Brad Garlinghouse and Christian Larsen of selling more than $1 billion in digital currency without registering with the SEC. While SEC officials have said publicly that they don’t believe Bitcoin or Ethereum are securities that must be registered, the lawsuit indicates that the SEC views Ripple differently.</p><p>“I’ve been surprised that the suit wasn’t filed a long time ago because Ripple is very different from Bitcoin or Ethereum,” Angela Walch, law professor and cryptocurrency expert at St. Mary’s School of Law, told MarketWatch. “It’s not truly a decentralized currency because you’ve had a single company essentially running it.”</p><p>If the SEC is victorious in its suit, that will go a long way in helping define what types of digital assets will be viewed as currencies and which will be viewed as securities, Walch added.</p><p><b>Will the SEC approve bitcoin ETFs</b>?</p><p>Crypto enthusiasts cheered Gensler’s nomination to lead the SEC, given his history of teaching blockchain and digital currencies at MIT’s Sloan School of Management. Coin Center’s Brito argued that his accession to the role of chairman will be good news for the many financial services firms attempting to sell Bitcoin exchange-traded funds.</p><p>Several major financial services firms have submitted applications to offer bitcoin ETFs, incluind Wisdom Tree, Morgan Stanley&nbsp;and VanEck. Theoretically, investors might prefer bitcoin ETFs because purchasing actual bitcoin can be a hassle, as investors have to set up digital wallets or move money on to a crypto exchange. These ETFs, however, could be bought and sold much like traditional stocks.</p><p>“Gary Gensler is somebody who likes orderly markets,” Brito said. “What a better way of allowing investors to participate in this asset class in an orderly way than having a well-regulated ETF.”</p>","source":"market_watch","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>Bitcoin, crypto investors will be watching these 5 questions facing the Biden administration</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\">\nBitcoin, crypto investors will be watching these 5 questions facing the Biden administration\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-03-23 15:26 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.marketwatch.com/story/bitcoin-crypto-investors-will-be-watching-these-5-questions-facing-the-biden-administration-11616442245?mod=home-page><strong>MarketWatch</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Investors may look forward to bitcoin ETFs, but also stricter rules on money laundering and financial stabilityThe stock market’s recovery from last year’s COVID-driven crash is a testament to the ...</p>\n\n<a href=\"https://www.marketwatch.com/story/bitcoin-crypto-investors-will-be-watching-these-5-questions-facing-the-biden-administration-11616442245?mod=home-page\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"GBTC":"比特币ETF-Grayscale","TSLA":"特斯拉","PYPL":"PayPal"},"source_url":"https://www.marketwatch.com/story/bitcoin-crypto-investors-will-be-watching-these-5-questions-facing-the-biden-administration-11616442245?mod=home-page","is_english":true,"share_image_url":"https://static.laohu8.com/599a65733b8245fcf7868668ef9ad712","article_id":"2121817206","content_text":"Investors may look forward to bitcoin ETFs, but also stricter rules on money laundering and financial stabilityThe stock market’s recovery from last year’s COVID-driven crash is a testament to the unprecedented level of federal stimulus pumped into the economy over the past twelve months, but few asset classes have benefitted from a rebound in financial markets more than cryptocurrencies.Bitcoin has risen a staggering 548% during the past twelve months, while Ethereum,the second most valuable cryptocurrency, has gained roughly 690% during that time, according to FactSet, compared to a 71% rise for the S&P 500. But the fate of this rally could depend greatly on President Joe Biden and his administration’s regulatory stance to the burgeoning crypto economy, experts tell MarketWatch. Here are the five biggest regulatory questions the Biden administration will face in the coming months and years that will greatly impact cyrpto investors:Who will be the Comptroller of the Currency?The agency in charge of chartering and supervising national banks is typically one of the more obscure federal financial regulators. But OCC has caught the attention of the crypto community through its championing of integration between the crypto economy and the legacy financial system under the brief leadership of former Acting Comptroller of the Currency Brian Brooks, said Jackson Mueller, director of policy and government relations at the crypto consultancy Securrency.During his eight months as acting comptroller, Brooks issued issued several guidance letters affirming the ability of nationally chartered banks to serve as custodians of crypto assetsand use a type of cryptocurrency called a stablecoin to make payments, among other issues. “The big issue is what happens to the guidance issued by Brooks and his team when someone else comes in,” Mueller told MarketWatch. “Do they go in a completely opposite direction and rescind that guidance?”Stablecoins are a type of cryptocurrency that pegs its value to some other asset. The most popular is Tether, pegged to the U.S. dollar. The crypto community is fond of these instruments because they facilitate transactions between highly volatile digital currencies —some analysts arguethat Bitcoin’s rally has been enabled by aggressive issuance of new Tether tokens.Unlike currencies like Bitcoin and Ether, however, stablecoins are often not decentralized, but run by single companies and backed by assets held by traditional banks. Brooks’ guidance serves to give federally chartered banks the go-ahead to be a custodian for stablecoins and to use them for their own payments.The crypto community was excited at reports that Biden would name Michael Barr, who served at the Treasury Department during the Obama administration, as comptroller. Barr had ties to several fintech companies and he served on an advisory board at Ripple, issuer of the eponymous cryptocurrency.But Barr is reportedly no longer in contention for the job after progressives in the administration protested.Law professor Mehrsa Baradaran, an expert on the racial wealth gap, has emerged as the odds-on favorite to win the role, and crypto investors are less enthused about this pick, given the skepticism she has shown toward cryptocurrencies in the past.“While I share many of the cryptocurrency industry’s concerns with respect to failures of the banking industry, I do not believe cryptocurrency is the best solution to the problems of financial inclusion and equity in banking,” Baradaran told the Senate Banking Committee in 2019, arguing instead that Congress should task the Federal Reserve with setting up a digital payments infrastructure available to all Americans.Are cryptocurrencies a threat to financial stability?The OCC will not be the only financial regulator concerned with the use of stablecoins, given the growing number of observers who claim that these instruments have enabled the growth of a new “shadow” banking system that threatens the stability of the U.S. financial system.Democratic Rep. Rashida Tlaib of Michigan recently proposed a bill that would require issuers of stablecoins to obtain a banking charter and obtain Federal Deposit Insurance Corporation insurance or keep reserves at the Federal Reserve “to ensure that all stablecoins can be readily converted into United States dollars, on demand.”Rohan Grey, president of the Modern Money Network, who helped craft the bill, has likened stablecoins to money market mutual funds, which came under great stress during the 2008 financial crisis.“We were looking at history of shadow banking and the examples in which entities… would claim they’d invented an instrument that walked and talked like money, that could be used like money, could be considered roughly as safe and stable as money in most circumstances,” Grey told The Block in December. “But then at moments of crises those claims turned out to be hollow, they became a massive source of systemic risk and inevitably they’d be bailed out in the name of protecting consumers. The effect of that was to privatize gains to socialize losses.”This issue of financial stability means that other regulators, including the Federal Reserve and the Treasury Department, may look to regulate stablecoins in the years to come.How will the government curb crypto money laundering?The most immediate regulatory issue that crypto investors will have to face is an impending decision by the Financial Crimes Enforcement Network — a Treasury Department unit tasked with fighting money laundering and other financial crimes — on new requirements for banks and other intermediaries to maintain records and verify customer identities for certain crypto transactions.Jerry Brito of the think tank Coin Center says that in the waning days of the Trump administration, Treasury attempted to fast track new rules that were “ill considered.” New requirements would have enabled the government to learn the owners of private crypto wallets and therefore their entire transaction history, even if that person had done nothing suspicious.“Since the Biden administration has come in, they’ve been more deferential to FinCen, who I don’t think ever really wanted this as much as [former Treasury Secretary] Steve Mnuchin did,” he said, adding that law enforcement was wary the rules would encourage criminals to refrain from transacting with U.S.-based exchanges that are known to cooperate with criminal investigations. “The Biden administration will take a more rational approach going forward,” said Brito, who is Coin Center’s executive director.What will happen with the Ripple lawsuit?Gary Gensler, who is expected to be confirmed as chairman of the Securities and Exchange Commission, will have many crypto-related issues to deal with — not least of which is a lawsuit filed in December against Ripple by the SEC.In its complaint, the SEC accused Ripple and its executives Brad Garlinghouse and Christian Larsen of selling more than $1 billion in digital currency without registering with the SEC. While SEC officials have said publicly that they don’t believe Bitcoin or Ethereum are securities that must be registered, the lawsuit indicates that the SEC views Ripple differently.“I’ve been surprised that the suit wasn’t filed a long time ago because Ripple is very different from Bitcoin or Ethereum,” Angela Walch, law professor and cryptocurrency expert at St. Mary’s School of Law, told MarketWatch. “It’s not truly a decentralized currency because you’ve had a single company essentially running it.”If the SEC is victorious in its suit, that will go a long way in helping define what types of digital assets will be viewed as currencies and which will be viewed as securities, Walch added.Will the SEC approve bitcoin ETFs?Crypto enthusiasts cheered Gensler’s nomination to lead the SEC, given his history of teaching blockchain and digital currencies at MIT’s Sloan School of Management. Coin Center’s Brito argued that his accession to the role of chairman will be good news for the many financial services firms attempting to sell Bitcoin exchange-traded funds.Several major financial services firms have submitted applications to offer bitcoin ETFs, incluind Wisdom Tree, Morgan Stanley and VanEck. Theoretically, investors might prefer bitcoin ETFs because purchasing actual bitcoin can be a hassle, as investors have to set up digital wallets or move money on to a crypto exchange. These ETFs, however, could be bought and sold much like traditional stocks.“Gary Gensler is somebody who likes orderly markets,” Brito said. “What a better way of allowing investors to participate in this asset class in an orderly way than having a well-regulated ETF.”","news_type":1,"symbols_score_info":{"TSLA":0.9,"BTCmain":0.9,"SQ":0.9,"PYPL":0.9,"XBTmain":0.9,"GBTC":0.9}},"isVote":1,"tweetType":1,"viewCount":1175,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":344742420,"gmtCreate":1618446092060,"gmtModify":1704710904776,"author":{"id":"3574944998215364","authorId":"3574944998215364","name":"ShiJun","avatar":"https://static.tigerbbs.com/545e0913498b32c1a00eeba1047a0c92","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3574944998215364","idStr":"3574944998215364"},"themes":[],"htmlText":"Like comment","listText":"Like comment","text":"Like comment","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/344742420","repostId":"1189551384","repostType":4,"isVote":1,"tweetType":1,"viewCount":3040,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":349654385,"gmtCreate":1617609784147,"gmtModify":1704700779334,"author":{"id":"3574944998215364","authorId":"3574944998215364","name":"ShiJun","avatar":"https://static.tigerbbs.com/545e0913498b32c1a00eeba1047a0c92","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3574944998215364","idStr":"3574944998215364"},"themes":[],"htmlText":"wow","listText":"wow","text":"wow","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":3,"repostSize":0,"link":"https://ttm.financial/post/349654385","repostId":"1135395184","repostType":4,"repost":{"id":"1135395184","kind":"news","pubTimestamp":1617609562,"share":"https://ttm.financial/m/news/1135395184?lang=en_US&edition=fundamental","pubTime":"2021-04-05 15:59","market":"us","language":"en","title":"Why the drop in the unemployment rate to 6% doesn’t mean very much","url":"https://stock-news.laohu8.com/highlight/detail?id=1135395184","media":"MarketWatch","summary":"The labor market is weaker than it seems because the official unemployment rate ignores people who’v","content":"<p>The labor market is weaker than it seems because the official unemployment rate ignores people who’ve lost hours or have given up looking for work</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/811610c8e12956d38f0aba3c4697d689\" tg-width=\"1260\" tg-height=\"662\"><span>The gap between the traditional U3 unemployment rate and the broader U6 measurements widens when the labor market is under stress.</span></p>\n<p>The state of the labor market reflects the state of the economy and, even more important, the human cost of recessions or the benefits of booms. Accordingly, the unemployment rate is one of the most closely watched economic statistics.</p>\n<p>But it is becoming&nbsp;more widely recognized&nbsp;that the most frequently cited official unemployment rate misses a lot of people. Problems with measuring labor-market slack have been particularly acute during COVID, as unemployment rates have dramatically understated the deterioration in the labor market,according to Federal Reserve Chairman Jerome Powell.</p>\n<p>Using an alternative measure of unemployment offers a more comprehensive view of labor-market conditions by also including “discouraged workers” who have stopped searching for jobs and workers who are working part time but would like to have full-time jobs. By this measure, downturns are even more damaging to the labor market than what one would conclude from considering the conventional, and more widely reported, unemployment rate.</p>\n<p><b>The Facts</b></p>\n<p><b>The most widely reported unemployment rate is</b>&nbsp;<b>officially known as U3 unemployment</b>&nbsp;<b>and represents the number of people who are unemployed as a percentage of the labor force.</b>For the purposes of U3, the unemployed are defined as those people who do not have a job, have been actively looking for work over the past four weeks and are currently available for work. People are considered employed if they did any paid work—this includes all part-time and temporary work as well as full-time employment. The labor force represents the sum of the unemployed and the employed (it excludes people living in institutions and active-duty military personnel).</p>\n<p>The U3 unemployment rate is released on the first Friday (on April 2 this month) following the end of each month and is based on a survey of about 60,000 households rather than a full tally of the entire population. It is&nbsp;calculated by the Bureau of Labor Statistics&nbsp;using information from the Current Population Survey conducted by the Census Bureau.</p>\n<p><b>The definitions of who is considered “employed” and “unemployed” for the purposes of U3 point to some shortcomings for using the U3 unemployment rate as an indicator of the overall strength of the labor market.</b>If someone who is unemployed stops looking for a job (even if she would like to have one) then she is no longer counted as unemployed, nor is she counted as being in the labor force. This “discouraged worker” contributes to a decrease in the unemployment rate because when she drops out of the labor force and is no longer counted as an unemployed person there is a proportionally bigger decrease in the unemployed than in the labor force since so many more people are in the labor force than are unemployed.</p>\n<p>For example, if there are 5 unemployed people in a labor force of 100, and one of the unemployed drops out of the labor force, the unemployment rate goes from 5% to 4.04% (4/99 = .0404). The U3 unemployment rate will also fail to reflect a situation where someone who was working full time, and would like to continue to do so, is forced by economic conditions to work part time. This situation would not lead to any change in the U3 unemployment rate even though that person is now underemployed.</p>\n<p><b>An alternative measure, the</b>&nbsp;<b>U6 unemployment rate, sometimes referred to as the “underemployment rate,” offers a broader indicator of labor market underutilization.</b>The U6 unemployment rate differs from the U3 unemployment rate in several ways. It adds to the U3 definition of the unemployed those who are working part time for economic reasons and workers “marginally attached to the labor force”—which is defined as those who are not working and have not looked for work in the past four weeks but have looked for work in the past 12 months. Broadening the measure to include these workers makes the U6 unemployment rate higher than the U3 unemployment rate.</p>\n<p><b>The average U6 unemployment rate is almost 80% higher than the official (U3) unemployment rate since 1994 (see chart).</b>The Bureau of Labor Statistics began publishing the U6 unemployment rate in 1994. Its average value since that time is 10.4%. The average official unemployment rate over this period is 5.8%. In February 2021, the official unemployment rate was&nbsp;6.2%and the U6 unemployment rate was&nbsp;11.1%. With a civilian labor force of about160 million people, this translates to 17.8 million underemployed, of which 9.9 million are counted as officially unemployed—so there are about 7.9 million people who are unemployed by the U6 definition but who are not counted as officially unemployed by the U3 definition.</p>\n<p><b>The difference in the U6 and U3 unemployment rates is not constant but tends to move with the business cycle, increasing when the economy is in a recession.</b>It had been thought that the gap between U6 and U3 was relatively stable, but this has not turned out to be the case in the more recent past.</p>\n<p>For instance, before the Great Recession, a&nbsp;Bureau of Labor Statistics report&nbsp;stated: “While the alternative measures differ in magnitude from the official unemployment rate, they typically show very similar movements over the course of the business cycle.” However the difference between U3 and U6 has expanded during each of the three recessions that have taken place since 2000: the relatively mild recession that began in the second quarter of 2001, the Great Recession that began in the first quarter of 2008, and the current recession that began in the second quarter of 2020 (see chart, the gray shaded areas represent periods when the economy was in a recession as determined by the&nbsp;National Bureau of Economic Research). This gap reached 7.6 percentage points in the second quarter of 2020, its largest value since the introduction of the U6 unemployment rate. The figure also shows that the gap between the measures narrowed during periods when the economy was stronger.</p>\n<p><b>Statistical analysis confirms the significant responsiveness of the difference between the U6 and U3 unemployment rates to business-cycle conditions.</b>It is well known that the U3 unemployment rate increases when the economy is operating below its full potential. This relationship is known as&nbsp;Okun’s Law. We estimated a form of Okun’s Law for the U6 unemployment rate as well. We find that the U6 unemployment rate is even more responsive to the economy operating below potential than the U3 unemployment rate.</p>\n<p>More specifically, we find that a one-percentage point worsening of business cycle conditions is typically associated with about a 0.62 percentage point increase in the difference between the U6 and U3 unemployment rates. But this estimate falls short of explaining what happened in the second quarter of 2020 by a full percentage point, demonstrating that this was a particularly fraught time in the labor market.</p>\n<p><b>What This Means</b></p>\n<p>The official (U3) unemployment rate is one of the most widely watched economic statistics, but it offers a more limited view of labor-market conditions than broader indicators like the U6 unemployment rate, which takes into account those forced to work part time for economic reasons and those who have stopped looking for work in the past month.</p>\n<p>Our original research demonstrates that the difference between these two measures of unemployment widens in an economic downturn—which means that the degree to which the conventional U3 unemployment rate underestimates labor-market distress increases during a recession.</p>\n<p>As Chairman Powell suggested in his remarks in February, this means that the official unemployment rate fails to account for the full range of labor-market weakness, especially during a recession, and even more so during the current downturn.</p>\n<p>There are important implications of this—if the choice of whether to continue extraordinary support for people hurt by this recession is based on the official unemployment rate rather than a broader measure, like the U6 unemployment rate, then policy may fail to step up to match labor-market weakness marked by workers who have been forced to part-time employment or who have stopped actively looking for a job.</p>","source":"lsy1603348471595","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Why the drop in the unemployment rate to 6% doesn’t mean very much</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\">\nWhy the drop in the unemployment rate to 6% doesn’t mean very much\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-04-05 15:59 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.marketwatch.com/story/how-the-unemployment-rate-underestimates-the-number-of-unemployed-people-11617321212?mod=home-page><strong>MarketWatch</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>The labor market is weaker than it seems because the official unemployment rate ignores people who’ve lost hours or have given up looking for work\nThe gap between the traditional U3 unemployment rate ...</p>\n\n<a href=\"https://www.marketwatch.com/story/how-the-unemployment-rate-underestimates-the-number-of-unemployed-people-11617321212?mod=home-page\">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",".SPX":"S&P 500 Index",".DJI":"道琼斯"},"source_url":"https://www.marketwatch.com/story/how-the-unemployment-rate-underestimates-the-number-of-unemployed-people-11617321212?mod=home-page","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1135395184","content_text":"The labor market is weaker than it seems because the official unemployment rate ignores people who’ve lost hours or have given up looking for work\nThe gap between the traditional U3 unemployment rate and the broader U6 measurements widens when the labor market is under stress.\nThe state of the labor market reflects the state of the economy and, even more important, the human cost of recessions or the benefits of booms. Accordingly, the unemployment rate is one of the most closely watched economic statistics.\nBut it is becoming more widely recognized that the most frequently cited official unemployment rate misses a lot of people. Problems with measuring labor-market slack have been particularly acute during COVID, as unemployment rates have dramatically understated the deterioration in the labor market,according to Federal Reserve Chairman Jerome Powell.\nUsing an alternative measure of unemployment offers a more comprehensive view of labor-market conditions by also including “discouraged workers” who have stopped searching for jobs and workers who are working part time but would like to have full-time jobs. By this measure, downturns are even more damaging to the labor market than what one would conclude from considering the conventional, and more widely reported, unemployment rate.\nThe Facts\nThe most widely reported unemployment rate is officially known as U3 unemployment and represents the number of people who are unemployed as a percentage of the labor force.For the purposes of U3, the unemployed are defined as those people who do not have a job, have been actively looking for work over the past four weeks and are currently available for work. People are considered employed if they did any paid work—this includes all part-time and temporary work as well as full-time employment. The labor force represents the sum of the unemployed and the employed (it excludes people living in institutions and active-duty military personnel).\nThe U3 unemployment rate is released on the first Friday (on April 2 this month) following the end of each month and is based on a survey of about 60,000 households rather than a full tally of the entire population. It is calculated by the Bureau of Labor Statistics using information from the Current Population Survey conducted by the Census Bureau.\nThe definitions of who is considered “employed” and “unemployed” for the purposes of U3 point to some shortcomings for using the U3 unemployment rate as an indicator of the overall strength of the labor market.If someone who is unemployed stops looking for a job (even if she would like to have one) then she is no longer counted as unemployed, nor is she counted as being in the labor force. This “discouraged worker” contributes to a decrease in the unemployment rate because when she drops out of the labor force and is no longer counted as an unemployed person there is a proportionally bigger decrease in the unemployed than in the labor force since so many more people are in the labor force than are unemployed.\nFor example, if there are 5 unemployed people in a labor force of 100, and one of the unemployed drops out of the labor force, the unemployment rate goes from 5% to 4.04% (4/99 = .0404). The U3 unemployment rate will also fail to reflect a situation where someone who was working full time, and would like to continue to do so, is forced by economic conditions to work part time. This situation would not lead to any change in the U3 unemployment rate even though that person is now underemployed.\nAn alternative measure, the U6 unemployment rate, sometimes referred to as the “underemployment rate,” offers a broader indicator of labor market underutilization.The U6 unemployment rate differs from the U3 unemployment rate in several ways. It adds to the U3 definition of the unemployed those who are working part time for economic reasons and workers “marginally attached to the labor force”—which is defined as those who are not working and have not looked for work in the past four weeks but have looked for work in the past 12 months. Broadening the measure to include these workers makes the U6 unemployment rate higher than the U3 unemployment rate.\nThe average U6 unemployment rate is almost 80% higher than the official (U3) unemployment rate since 1994 (see chart).The Bureau of Labor Statistics began publishing the U6 unemployment rate in 1994. Its average value since that time is 10.4%. The average official unemployment rate over this period is 5.8%. In February 2021, the official unemployment rate was 6.2%and the U6 unemployment rate was 11.1%. With a civilian labor force of about160 million people, this translates to 17.8 million underemployed, of which 9.9 million are counted as officially unemployed—so there are about 7.9 million people who are unemployed by the U6 definition but who are not counted as officially unemployed by the U3 definition.\nThe difference in the U6 and U3 unemployment rates is not constant but tends to move with the business cycle, increasing when the economy is in a recession.It had been thought that the gap between U6 and U3 was relatively stable, but this has not turned out to be the case in the more recent past.\nFor instance, before the Great Recession, a Bureau of Labor Statistics report stated: “While the alternative measures differ in magnitude from the official unemployment rate, they typically show very similar movements over the course of the business cycle.” However the difference between U3 and U6 has expanded during each of the three recessions that have taken place since 2000: the relatively mild recession that began in the second quarter of 2001, the Great Recession that began in the first quarter of 2008, and the current recession that began in the second quarter of 2020 (see chart, the gray shaded areas represent periods when the economy was in a recession as determined by the National Bureau of Economic Research). This gap reached 7.6 percentage points in the second quarter of 2020, its largest value since the introduction of the U6 unemployment rate. The figure also shows that the gap between the measures narrowed during periods when the economy was stronger.\nStatistical analysis confirms the significant responsiveness of the difference between the U6 and U3 unemployment rates to business-cycle conditions.It is well known that the U3 unemployment rate increases when the economy is operating below its full potential. This relationship is known as Okun’s Law. We estimated a form of Okun’s Law for the U6 unemployment rate as well. We find that the U6 unemployment rate is even more responsive to the economy operating below potential than the U3 unemployment rate.\nMore specifically, we find that a one-percentage point worsening of business cycle conditions is typically associated with about a 0.62 percentage point increase in the difference between the U6 and U3 unemployment rates. But this estimate falls short of explaining what happened in the second quarter of 2020 by a full percentage point, demonstrating that this was a particularly fraught time in the labor market.\nWhat This Means\nThe official (U3) unemployment rate is one of the most widely watched economic statistics, but it offers a more limited view of labor-market conditions than broader indicators like the U6 unemployment rate, which takes into account those forced to work part time for economic reasons and those who have stopped looking for work in the past month.\nOur original research demonstrates that the difference between these two measures of unemployment widens in an economic downturn—which means that the degree to which the conventional U3 unemployment rate underestimates labor-market distress increases during a recession.\nAs Chairman Powell suggested in his remarks in February, this means that the official unemployment rate fails to account for the full range of labor-market weakness, especially during a recession, and even more so during the current downturn.\nThere are important implications of this—if the choice of whether to continue extraordinary support for people hurt by this recession is based on the official unemployment rate rather than a broader measure, like the U6 unemployment rate, then policy may fail to step up to match labor-market weakness marked by workers who have been forced to part-time employment or who have stopped actively looking for a job.","news_type":1,"symbols_score_info":{".IXIC":0.9,".SPX":0.9,".DJI":0.9}},"isVote":1,"tweetType":1,"viewCount":1151,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":352091408,"gmtCreate":1616825063204,"gmtModify":1704799456213,"author":{"id":"3574944998215364","authorId":"3574944998215364","name":"ShiJun","avatar":"https://static.tigerbbs.com/545e0913498b32c1a00eeba1047a0c92","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3574944998215364","idStr":"3574944998215364"},"themes":[],"htmlText":"Like comment","listText":"Like comment","text":"Like comment","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/352091408","repostId":"1111192234","repostType":4,"repost":{"id":"1111192234","kind":"news","pubTimestamp":1616772179,"share":"https://ttm.financial/m/news/1111192234?lang=en_US&edition=fundamental","pubTime":"2021-03-26 23:22","market":"us","language":"en","title":"Tesla Deliveries Are Coming. They Matter More Than Ever. Here’s What to Expect.","url":"https://stock-news.laohu8.com/highlight/detail?id=1111192234","media":"Barrons","summary":"The first quarter ends in just a few days. That means more delivery data from auto makers is due. For investors, the figures will be higher stakes than usual. The reason is simple: The global automotive microchip shortage is roiling the entire car business.Numbers will matter even more for richly valued, high-growth companies such as Tesla. Tesla investors want growth, and the chip situation is squeezing growth. Both General Motors and Ford Motor have taken unexpected plant downtime recently and","content":"<p>The first quarter ends in just a few days. That means more delivery data from auto makers is due. For investors, the figures will be higher stakes than usual. The reason is simple: The global automotive microchip shortage is roiling the entire car business.</p>\n<p>Numbers will matter even more for richly valued, high-growth companies such as&nbsp;Tesla(ticker: TSLA). Tesla investors want growth, and the chip situation is squeezing growth. Both&nbsp;General Motors(GM) and&nbsp;Ford Motor(F) have taken unexpected plant downtime recently and have called the chip issue a billion-dollar profit headwind for 2021. That’s not what investors want to hear.</p>\n<p>Everyone is aware of the issue. Still, when first-quarter data is released, investors have to decide whether or not to give Tesla, or any other fast-growing EV maker, a pass if results are weaker than expected.</p>\n<p>So far the market isn’t feeling charitable. But the sample size is only one stock.</p>\n<p>NIO&nbsp;shares (NIO) are down more than 6% in Friday trading after the EV maker&nbsp;reduced guidance&nbsp;for first-quarter deliveries from about 20,250 cars to about 19,500. NIO management cited the chip shortage and is shutting a manufacturing plant for five days starting March 29.</p>\n<p>For Tesla, Wall Street is looking for about 162,000 vehicles delivered in March. That’s down from a peak estimate of about 183,000 vehicles. Analysts seem to be reducing numbers, possibly because of the shortage.</p>\n<p>Tesla delivered about 181,000 vehicles in the&nbsp;fourth quarter. For the full year 2021, analysts are looking for almost 800,000 vehicle deliveries, up about 60% year over year.</p>\n<p>RBC analyst&nbsp;Joe Spak&nbsp;is forecasting 170,000 first-quarter deliveries, up more than 90% year over year. He also forecasts Tesla will make 96,000 cars in California and 74,000 cars in China during the quarter. “Consensus [estimate] looks mostly reasonable,” wrote Spak in a Thursday report. “We do look for updates to see how the semi shortage is impacting&nbsp;Tesla—as it has the rest of the industry.” He sees some additional downside risk to estimates, especially for second-quarter numbers, because of chips.</p>\n<p>Spak rates Tesla stock Hold and has a $725 price target for shares.</p>\n<p>In the case of Tesla stock, the chip shortage has taken a back seat to rising interest rates. Rising rateshit growth stocksin two main ways. For starters, it makes growth more expensive to finance. NIO isn’t profitable yet. High-growth companies generate most of their cash flow far in the future. That cash flow is worth a little less, relatively speaking, when investors can earn higher interest rates on their cash today.</p>\n<p>Tesla stock is down roughly 10% year to date after rising more than 740% in 2020. Shares are down 0.9% in early Friday trading, at $634.40. The&nbsp;S&amp;P 500is up about 0.7%.</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>Tesla Deliveries Are Coming. They Matter More Than Ever. Here’s What to Expect.</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\">\nTesla Deliveries Are Coming. They Matter More Than Ever. Here’s What to Expect.\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-03-26 23:22 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.barrons.com/articles/tesla-deliveries-are-coming-they-matter-more-than-ever-heres-what-to-expect-51616769819?mod=hp_DAY_Theme_1_3><strong>Barrons</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>The first quarter ends in just a few days. That means more delivery data from auto makers is due. For investors, the figures will be higher stakes than usual. The reason is simple: The global ...</p>\n\n<a href=\"https://www.barrons.com/articles/tesla-deliveries-are-coming-they-matter-more-than-ever-heres-what-to-expect-51616769819?mod=hp_DAY_Theme_1_3\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"TSLA":"特斯拉"},"source_url":"https://www.barrons.com/articles/tesla-deliveries-are-coming-they-matter-more-than-ever-heres-what-to-expect-51616769819?mod=hp_DAY_Theme_1_3","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1111192234","content_text":"The first quarter ends in just a few days. That means more delivery data from auto makers is due. For investors, the figures will be higher stakes than usual. The reason is simple: The global automotive microchip shortage is roiling the entire car business.\nNumbers will matter even more for richly valued, high-growth companies such as Tesla(ticker: TSLA). Tesla investors want growth, and the chip situation is squeezing growth. Both General Motors(GM) and Ford Motor(F) have taken unexpected plant downtime recently and have called the chip issue a billion-dollar profit headwind for 2021. That’s not what investors want to hear.\nEveryone is aware of the issue. Still, when first-quarter data is released, investors have to decide whether or not to give Tesla, or any other fast-growing EV maker, a pass if results are weaker than expected.\nSo far the market isn’t feeling charitable. But the sample size is only one stock.\nNIO shares (NIO) are down more than 6% in Friday trading after the EV maker reduced guidance for first-quarter deliveries from about 20,250 cars to about 19,500. NIO management cited the chip shortage and is shutting a manufacturing plant for five days starting March 29.\nFor Tesla, Wall Street is looking for about 162,000 vehicles delivered in March. That’s down from a peak estimate of about 183,000 vehicles. Analysts seem to be reducing numbers, possibly because of the shortage.\nTesla delivered about 181,000 vehicles in the fourth quarter. For the full year 2021, analysts are looking for almost 800,000 vehicle deliveries, up about 60% year over year.\nRBC analyst Joe Spak is forecasting 170,000 first-quarter deliveries, up more than 90% year over year. He also forecasts Tesla will make 96,000 cars in California and 74,000 cars in China during the quarter. “Consensus [estimate] looks mostly reasonable,” wrote Spak in a Thursday report. “We do look for updates to see how the semi shortage is impacting Tesla—as it has the rest of the industry.” He sees some additional downside risk to estimates, especially for second-quarter numbers, because of chips.\nSpak rates Tesla stock Hold and has a $725 price target for shares.\nIn the case of Tesla stock, the chip shortage has taken a back seat to rising interest rates. Rising rateshit growth stocksin two main ways. For starters, it makes growth more expensive to finance. NIO isn’t profitable yet. High-growth companies generate most of their cash flow far in the future. That cash flow is worth a little less, relatively speaking, when investors can earn higher interest rates on their cash today.\nTesla stock is down roughly 10% year to date after rising more than 740% in 2020. Shares are down 0.9% in early Friday trading, at $634.40. 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