A79 personal page - To The Moon

A79

A79

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2025-07-11

Dip coming but rip again after

2025-04-30

$SNAP 20250509 13.0 CALL$

2025-04-23

$TSLL 20250502 5.0 PUT$

2025-04-09

$UVXY 20250411 37.0 CALL$

2023-02-27

Life will get better one day.

2021-09-19

Noooo

Sorry, the original content has been removed

2021-09-07

Yup

Sorry, the original content has been removed

2021-09-02

No god no please no!!

Sorry, the original content has been removed

2021-08-11

Hmmmmm

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2021-08-02

Noooo

Sorry, the original content has been removed

2021-07-29

Niceeee

Sorry, the original content has been removed

2021-07-28

Lets beat cancer!!

Sorry, the original content has been removed

2021-07-26

Netflix and chill!

Sorry, the original content has been removed

2021-07-20

Niceeee

Biden says inflation temporary; Fed should do what it deems necessary for recovery

2021-07-19

Netflix n chill

Sorry, the original content has been removed

2021-07-18

Hmmmmm

Sorry, the original content has been removed

2021-07-16

NooOoooOooo

Expect a 10% or worse correction in U.S. stocks by mid-August, says this forecaster with a proven track record

2021-07-16

Hmmmm

Strongest Semiconductor Stocks to Buy That Aren’t Nvidia

2021-07-14

Im also stressed

Powell will stress patience in Capitol Hill testimony this week

2021-07-10

Niooooo

Nio Throws New Challenge At Tesla As Competition Heats Up

Go to Tiger App to see more news

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brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"media_name":"Reuters","id":"1036604489","head_image":"https://static.tigerbbs.com/443ce19704621c837795676028cec868"},"pubTimestamp":1626736933,"share":"https://ttm.financial/m/news/2152651282?lang=en_US&edition=fundamental","pubTime":"2021-07-20 07:22","market":"us","language":"en","title":"Biden says inflation temporary; Fed should do what it deems necessary for recovery","url":"https://stock-news.laohu8.com/highlight/detail?id=2152651282","media":"Reuters","summary":"WASHINGTON, July 19 (Reuters) - U.S. President Joe Biden on Monday said an increase in prices was ex","content":"<p>WASHINGTON, July 19 (Reuters) - U.S. President Joe Biden on Monday said an increase in prices was expected to be temporary, but his administration understood that unchecked inflation over the longer term would pose a \"real challenge\" to the economy and 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Powell: \"The Fed is independent. It should take whatever steps it deems necessary to support a strong, durable economic recovery.\"</p>\n<p>Growing concerns about inflation dragged U.S. consumer sentiment in early July to its lowest level in five months, a survey showed Friday, after a 0.9% jump in consumer prices in June, the biggest increase in 13 years, but economists continue to believe that higher inflation is transitory.</p>\n<p>The Democratic president said his plans to invest more in infrastructure, as well as better care for older people and children, would help reduce inflationary pressures in the future by boosting productivity.</p>\n<p>\"These steps will enhance our productivity, raising wages without raising prices,\" he said. \"It will take the pressure off of inflation, give a boost to our workforce which leads to lower prices in the years ahead.\"</p>\n<p>He said critics had warned repeatedly that his economic policies would lead to an end to capitalism, but economists were now predicting the United States would hit its highest economic growth rate in 40 years.</p>\n<p>\"It turns out capitalism is alive and very well,\" he said. \"We're making serious progress to ensure that it works the way it's supposed to work for the good of the American people.\"</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>Biden says inflation temporary; Fed should do what it deems necessary for recovery</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\">\nBiden says inflation temporary; Fed should do what it deems necessary for recovery\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1036604489\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/443ce19704621c837795676028cec868);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Reuters </p>\n<p class=\"h-time\">2021-07-20 07:22</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>WASHINGTON, July 19 (Reuters) - U.S. President Joe Biden on Monday said an increase in prices was expected to be temporary, but his administration understood that unchecked inflation over the longer term would pose a \"real challenge\" to the economy and would remain vigilant.</p>\n<p>Biden said he told Federal Reserve Board Chair Jerome Powell recently that the Fed was independent and should take whatever steps it deems necessary to support a strong, durable recovery.</p>\n<p>\"As our economy comes roaring back, we've seen some price increases,\" Biden said, while rejecting concerns the recent increases could be a sign of persistent inflation.</p>\n<p>He said his administration was doing all it could to address supply chain bottlenecks that had pushed up the price of cars, and noted that lumber prices were now easing after spiking higher early in the recovery.</p>\n<p>\"I want to be clear: my administration understands that were we ever to experience unchecked inflation in the long term, that would pose a real challenge for our economy,\" he said. \"While we're confident that isn't what we're seeing today, we're going to remain vigilant about any response that is needed.\"</p>\n<p>Biden said he had also made that point clear to Powell: \"The Fed is independent. It should take whatever steps it deems necessary to support a strong, durable economic recovery.\"</p>\n<p>Growing concerns about inflation dragged U.S. consumer sentiment in early July to its lowest level in five months, a survey showed Friday, after a 0.9% jump in consumer prices in June, the biggest increase in 13 years, but economists continue to believe that higher inflation is transitory.</p>\n<p>The Democratic president said his plans to invest more in infrastructure, as well as better care for older people and children, would help reduce inflationary pressures in the future by boosting productivity.</p>\n<p>\"These steps will enhance our productivity, raising wages without raising prices,\" he said. \"It will take the pressure off of inflation, give a boost to our workforce which leads to lower prices in the years ahead.\"</p>\n<p>He said critics had warned repeatedly that his economic policies would lead to an end to capitalism, but economists were now predicting the United States would hit its highest economic growth rate in 40 years.</p>\n<p>\"It turns out capitalism is alive and very well,\" he said. \"We're making serious progress to ensure that it works the way it's supposed to work for the good of the American people.\"</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":"2152651282","content_text":"WASHINGTON, July 19 (Reuters) - U.S. President Joe Biden on Monday said an increase in prices was expected to be temporary, but his administration understood that unchecked inflation over the longer term would pose a \"real challenge\" to the economy and would remain vigilant.\nBiden said he told Federal Reserve Board Chair Jerome Powell recently that the Fed was independent and should take whatever steps it deems necessary to support a strong, durable recovery.\n\"As our economy comes roaring back, we've seen some price increases,\" Biden said, while rejecting concerns the recent increases could be a sign of persistent inflation.\nHe said his administration was doing all it could to address supply chain bottlenecks that had pushed up the price of cars, and noted that lumber prices were now easing after spiking higher early in the recovery.\n\"I want to be clear: my administration understands that were we ever to experience unchecked inflation in the long term, that would pose a real challenge for our economy,\" he said. \"While we're confident that isn't what we're seeing today, we're going to remain vigilant about any response that is needed.\"\nBiden said he had also made that point clear to Powell: \"The Fed is independent. It should take whatever steps it deems necessary to support a strong, durable economic recovery.\"\nGrowing concerns about inflation dragged U.S. consumer sentiment in early July to its lowest level in five months, a survey showed Friday, after a 0.9% jump in consumer prices in June, the biggest increase in 13 years, but economists continue to believe that higher inflation is transitory.\nThe Democratic president said his plans to invest more in infrastructure, as well as better care for older people and children, would help reduce inflationary pressures in the future by boosting productivity.\n\"These steps will enhance our productivity, raising wages without raising prices,\" he said. \"It will take the pressure off of inflation, give a boost to our workforce which leads to lower prices in the years ahead.\"\nHe said critics had warned repeatedly that his economic policies would lead to an end to capitalism, but economists were now predicting the United States would hit its highest economic growth rate in 40 years.\n\"It turns out capitalism is alive and very well,\" he said. \"We're making serious progress to ensure that it works the way it's supposed to work for the good of the American people.\"","news_type":1,"symbols_score_info":{}},"isVote":1,"tweetType":1,"viewCount":1927,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":173124589,"gmtCreate":1626649123141,"gmtModify":1703762528711,"author":{"id":"3580565594783380","authorId":"3580565594783380","name":"A79","avatar":"https://static.tigerbbs.com/e27267c412cea01bdd4a47d746ba7606","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3580565594783380","idStr":"3580565594783380"},"themes":[],"htmlText":"Netflix n chill","listText":"Netflix n chill","text":"Netflix n chill","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/173124589","repostId":"2152897876","repostType":4,"isVote":1,"tweetType":1,"viewCount":1664,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":179703315,"gmtCreate":1626574744237,"gmtModify":1703761887507,"author":{"id":"3580565594783380","authorId":"3580565594783380","name":"A79","avatar":"https://static.tigerbbs.com/e27267c412cea01bdd4a47d746ba7606","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3580565594783380","idStr":"3580565594783380"},"themes":[],"htmlText":"Hmmmmm","listText":"Hmmmmm","text":"Hmmmmm","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":6,"repostSize":0,"link":"https://ttm.financial/post/179703315","repostId":"1123523681","repostType":4,"isVote":1,"tweetType":1,"viewCount":1215,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":170100131,"gmtCreate":1626409015623,"gmtModify":1703759606319,"author":{"id":"3580565594783380","authorId":"3580565594783380","name":"A79","avatar":"https://static.tigerbbs.com/e27267c412cea01bdd4a47d746ba7606","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3580565594783380","idStr":"3580565594783380"},"themes":[],"htmlText":"NooOoooOooo","listText":"NooOoooOooo","text":"NooOoooOooo","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/170100131","repostId":"1165176874","repostType":4,"repost":{"id":"1165176874","kind":"news","pubTimestamp":1626387247,"share":"https://ttm.financial/m/news/1165176874?lang=en_US&edition=fundamental","pubTime":"2021-07-16 06:14","market":"us","language":"en","title":"Expect a 10% or worse correction in U.S. stocks by mid-August, says this forecaster with a proven track record","url":"https://stock-news.laohu8.com/highlight/detail?id=1165176874","media":"MarketWatch","summary":"Market breadth hasn’t been this poor since October 2018 and the start of a 20%-plus decline.Get ready for the most severe correction since the bull market began in March 2020.To be sure, predictions are a dime a dozen on Wall Street. But this one comes from Hayes Martin, president of investment advisory firmMarket Extremes. I was introduced to Martin’s work several years ago and since then I’ve found his predictions of market turning points to be impressive. . I devoted two columns to Martin’s f","content":"<blockquote>\n Market breadth hasn’t been this poor since October 2018 and the start of a 20%-plus decline.\n</blockquote>\n<p>Get ready for the most severe correction since the bull market began in March 2020.</p>\n<p>To be sure, predictions are a dime a dozen on Wall Street. But this one comes from Hayes Martin, president of investment advisory firmMarket Extremes. I was introduced to Martin’s work several years ago and since then I’ve found his predictions of market turning points to be impressive. (For the record: Martin does not have an investment newsletter; my newsletter-tracking firm does not audit his investment performance.)</p>\n<p>I devoted two columns to Martin’s forecasts over the past year, and both proved prescient. In May 2020, I concluded that “the stock market… is stronger than even the most bullish investors believe.” In January of this year, I wrote that the market was still “firing on all cylinders.”</p>\n<p>In an interview on July 14, Martin said the U.S. stock market today is most definitely not firing on all cylinders. In fact, he said, the market’s internal health is now worse than at any time since October 2018. That was the beginning of a 20% decline in the S&amp;P 500SPX,-0.33%and a 26% decline in the small-cap Russell 2000 IndexRUT,-0.55%.(Martin anticipated that decline as well; seemy Oct. 4, 2018, column.)</p>\n<p>Martin hastened to add that the market’s internal health is not as bad today as it was in 2018. This time around, he is forecasting a decline of 10% or more for the leading U.S. stock indexes. As for timing, he says that the decline could begin at any time, but he anticipates that it will begin no later than mid-August.</p>\n<p><b>The source of the market’s ill-health</b></p>\n<p>Martin bases his sobering forecast on the increasing divergences within the U.S. market, as indicated by fewer and fewer stocks participating in the headline-grabbing strength of the leading indices. One indicator of these divergences is the growing number of stocks hitting new lows, for example. On Wednesday of this week, for example, even as the Nasdaq 100NDX,-0.71%and the S&amp;P 100OEX,-0.37%indexes were hitting new highs, many sectors were registering a plurality of new lows.</p>\n<p>This was particularly evident in the small- and mid-cap sectors, as represented by the Russell 2000 index. On July 13 there were more new lows than new highs within that index for the second consecutive day. In Martin’s data for the Russell 2000’s new highs and new lows, which extends back to June 2000, what happened this week has happened only three other times — in September 2014, July 2015 and October 2018. In all three cases, three months later both the S&amp;P 500 and Russell 2000 were at least 10% lower.</p>\n<p>Martin reports that the only area of the market not showing dangerous divergences right now is the large-cap dominated S&amp;P 500. Except for that sector, he says that the “stock market’s current internals are some of the worst I’ve seen in decades.”</p>\n<p>Martin added that these severe divergences are occurring as equities are severely overvalued — with some stocks in bubble territory. This means that, when the market does decline, it’s likely to fall more than it would otherwise.</p>\n<p>Adding fuel to the fire, he continued, is the too-bullish investor sentiment that prevails right now. As contrarians remind us, such sentiment extremes mean that the path of least resistance for the market is down.</p>\n<p>To be sure, Martin concluded, stocks have been overvalued for some time now, and bullish sentiment has been at or close to extremes. The missing piece was market divergences. That piece is now in place.</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>Expect a 10% or worse correction in U.S. stocks by mid-August, says this forecaster with a proven track record</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\">\nExpect a 10% or worse correction in U.S. stocks by mid-August, says this forecaster with a proven track record\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-07-16 06:14 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.marketwatch.com/story/expect-a-10-correction-in-u-s-stocks-by-mid-august-says-this-forecaster-with-a-proven-track-record-11626380633?siteid=yhoof2><strong>MarketWatch</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Market breadth hasn’t been this poor since October 2018 and the start of a 20%-plus decline.\n\nGet ready for the most severe correction since the bull market began in March 2020.\nTo be sure, ...</p>\n\n<a href=\"https://www.marketwatch.com/story/expect-a-10-correction-in-u-s-stocks-by-mid-august-says-this-forecaster-with-a-proven-track-record-11626380633?siteid=yhoof2\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"SPY":"标普500ETF",".IXIC":"NASDAQ Composite",".DJI":"道琼斯",".SPX":"S&P 500 Index"},"source_url":"https://www.marketwatch.com/story/expect-a-10-correction-in-u-s-stocks-by-mid-august-says-this-forecaster-with-a-proven-track-record-11626380633?siteid=yhoof2","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1165176874","content_text":"Market breadth hasn’t been this poor since October 2018 and the start of a 20%-plus decline.\n\nGet ready for the most severe correction since the bull market began in March 2020.\nTo be sure, predictions are a dime a dozen on Wall Street. But this one comes from Hayes Martin, president of investment advisory firmMarket Extremes. I was introduced to Martin’s work several years ago and since then I’ve found his predictions of market turning points to be impressive. (For the record: Martin does not have an investment newsletter; my newsletter-tracking firm does not audit his investment performance.)\nI devoted two columns to Martin’s forecasts over the past year, and both proved prescient. In May 2020, I concluded that “the stock market… is stronger than even the most bullish investors believe.” In January of this year, I wrote that the market was still “firing on all cylinders.”\nIn an interview on July 14, Martin said the U.S. stock market today is most definitely not firing on all cylinders. In fact, he said, the market’s internal health is now worse than at any time since October 2018. That was the beginning of a 20% decline in the S&P 500SPX,-0.33%and a 26% decline in the small-cap Russell 2000 IndexRUT,-0.55%.(Martin anticipated that decline as well; seemy Oct. 4, 2018, column.)\nMartin hastened to add that the market’s internal health is not as bad today as it was in 2018. This time around, he is forecasting a decline of 10% or more for the leading U.S. stock indexes. As for timing, he says that the decline could begin at any time, but he anticipates that it will begin no later than mid-August.\nThe source of the market’s ill-health\nMartin bases his sobering forecast on the increasing divergences within the U.S. market, as indicated by fewer and fewer stocks participating in the headline-grabbing strength of the leading indices. One indicator of these divergences is the growing number of stocks hitting new lows, for example. On Wednesday of this week, for example, even as the Nasdaq 100NDX,-0.71%and the S&P 100OEX,-0.37%indexes were hitting new highs, many sectors were registering a plurality of new lows.\nThis was particularly evident in the small- and mid-cap sectors, as represented by the Russell 2000 index. On July 13 there were more new lows than new highs within that index for the second consecutive day. In Martin’s data for the Russell 2000’s new highs and new lows, which extends back to June 2000, what happened this week has happened only three other times — in September 2014, July 2015 and October 2018. In all three cases, three months later both the S&P 500 and Russell 2000 were at least 10% lower.\nMartin reports that the only area of the market not showing dangerous divergences right now is the large-cap dominated S&P 500. Except for that sector, he says that the “stock market’s current internals are some of the worst I’ve seen in decades.”\nMartin added that these severe divergences are occurring as equities are severely overvalued — with some stocks in bubble territory. This means that, when the market does decline, it’s likely to fall more than it would otherwise.\nAdding fuel to the fire, he continued, is the too-bullish investor sentiment that prevails right now. As contrarians remind us, such sentiment extremes mean that the path of least resistance for the market is down.\nTo be sure, Martin concluded, stocks have been overvalued for some time now, and bullish sentiment has been at or close to extremes. The missing piece was market divergences. That piece is now in place.","news_type":1,"symbols_score_info":{".SPX":0.9,".IXIC":0.9,"SPY":0.9,".DJI":0.9}},"isVote":1,"tweetType":1,"viewCount":1610,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":170930984,"gmtCreate":1626398679848,"gmtModify":1703759347168,"author":{"id":"3580565594783380","authorId":"3580565594783380","name":"A79","avatar":"https://static.tigerbbs.com/e27267c412cea01bdd4a47d746ba7606","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3580565594783380","idStr":"3580565594783380"},"themes":[],"htmlText":"Hmmmm","listText":"Hmmmm","text":"Hmmmm","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/170930984","repostId":"1126289564","repostType":4,"repost":{"id":"1126289564","kind":"news","pubTimestamp":1626396791,"share":"https://ttm.financial/m/news/1126289564?lang=en_US&edition=fundamental","pubTime":"2021-07-16 08:53","market":"us","language":"en","title":"Strongest Semiconductor Stocks to Buy That Aren’t Nvidia","url":"https://stock-news.laohu8.com/highlight/detail?id=1126289564","media":"The Street","summary":"Nvidia undoubtedly is a true market leader but investors also should be on the lookout for additiona","content":"<blockquote>\n Nvidia undoubtedly is a true market leader but investors also should be on the lookout for additional semiconductor stocks to buy.\n</blockquote>\n<p>It’s hard to imagine a more bullish scenario for semiconductor stocks than the current global chip shortage.</p>\n<p>With the COVID-19 pandemic driving demand thanks to people stuck at home using their favorite technological devices and a China-U.S. trade war that resulted in several supply chain bottlenecks, the companies that produce these innovative integrated circuits are truly thriving.</p>\n<p>Look no further than Nvidia&nbsp;(<b>NVDA</b>) -Get Report, a monster semiconductor stock that has rallied more than 55% year to date amid the chip shortage backdrop and a stock split announcement.</p>\n<p>While several analysts have boldly placed a $1,000 price target on Nvidia that implies even more upside, there are plenty of other options in the industry that might present a better risk-to-reward profile at this time.</p>\n<p>The truth is that the semi shortage impacts so many different industries that it could take years for supply to catch up to demand. That means there will likely be plenty of long-term winners to come out of the current circumstances.</p>\n<p>While Nvidia is undoubtedly a true market leader and worthy of a spot in any long-term portfolio, investors should probably be on the lookout for additional semiconductor stocks to buy at this time given the industry’s long-term growth prospects.</p>\n<p>Here are some of the strongest semiconductor stocks to buy that aren’t Nvidia:</p>\n<p><b>Marvell Technology</b></p>\n<p>Fabless semi companies like Marvell Technology&nbsp;(<b>MRVL</b>) -Get Report&nbsp;are intriguing because they outsource the majority of their semiconductor fabrication to third-party foundries like Taiwan Semiconductor Manufacturing&nbsp;(<b>TSM</b>) -Get Report.</p>\n<p>This frees up tons of capital since owning and maintaining a semiconductor fab, also known as a foundry, requires significant spending. All of the capital saved on manufacturing can in turn be used to invest in developing and selling innovative new products.</p>\n<p>Marvell Technologyhas been <a href=\"https://laohu8.com/S/AONE\">one</a> of the strongest chip stocks over the last year and the company continues to exceed earnings expectations even with short-term supply-chain constraints.</p>\n<p>The company’s cutting-edge chips play a key role in some of the hottest end markets, including enterprise, cloud, automotive, industrial, and consumer markets.</p>\n<p>With secular trends like the rise of 5G and companies moving their enterprise operations into the cloud, Marvell is poised to become a semiconductor powerhouse over the next decade.</p>\n<p>It’s also worth mentioning that the formerly Bermuda-based company has reorganized to be domiciled in the United States, which opens up the possibility for massive U.S. government contracts going forward.</p>\n<p><b>ASML Holding</b></p>\n<p>Semiconductors are considerably complex and intricately designed materials that require very specific equipment to produce.</p>\n<p>That’s a big reason to consider adding shares of Netherlands-based ASML Holding&nbsp;(<b>ASML</b>) -Get Report&nbsp;since it’s <a href=\"https://laohu8.com/S/AONE.U\">one</a> of the world’s largest suppliers of semiconductor manufacturing equipment.</p>\n<p>ASML specializes in photolithography systems, which essentially project light through a blueprint of a pattern that is printed onto silicon wafers.</p>\n<p>These systems are used by all of the biggest semiconductor manufacturers out there and could even lead to the next level of Moore’s law, which tells us that ASML is at the forefront of semiconductor innovation.</p>\n<p>Moore’s law states that the number of components found in integrated circuits (semiconductors) doubles every year each decade.</p>\n<p>The effects of this doubling lead to more powerful computing at lower costs, which has huge implications for the future of semiconductor technology.</p>\n<p>The bottom line is that although ASML is a pricy stock by traditional valuation metrics, paying a premium for quality and ingenuity can end up being a very lucrative decision.</p>\n<p><b>Broadcom</b></p>\n<p>This is one of the best semi stocks to own if you are bullish on the 5G revolution, as Broadcom&nbsp;(<b>AVGO</b>) -Get Report&nbsp;supplies chips to two of the biggest smartphone vendors in the world, Apple&nbsp;(<b>AAPL</b>) -Get Report&nbsp;and Samsung.</p>\n<p>It’s also trading at a discount relative to peers like Texas Instruments&nbsp;(<b>TXN</b>) -Get Report&nbsp;and Nvidia with a forward P/E ratio of 17.45 that points to higher earnings ahead.</p>\n<p>Apple agreed to buy $15 billion worth of wireless components from Broadcom over a three-and-a-half-year period back in 2020, which tells us that the company has a fantastic opportunity to benefit from growing iPhone sales in emerging markets.</p>\n<p>Broadcom is also intriguing for investors interested in capitalizing on growth in the infrastructure software space, as products like mainframe and enterprise software deliver strong margins and will be in high demand as many companies continue with their digital transformations.</p>\n<p>Broadcom's talksto buy analytics, business intelligence, and data-management software provider SAS Institute for somewhere in the range of $15 billion to $20 billion reportedly have ended. The deal would have been another strong move to improve its enterprise software offerings.</p>\n<p>Finally, investors should be attracted by Broadcom’s ability to support a strong dividend payout and future acquisitions given the company’s reliable recurring revenue from multi-year contracts.</p>\n<p>The stock currently offers a 3% dividend yield, which is the highest payout among its large-cap semiconductor peers.</p>","source":"lsy1610613172068","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>Strongest Semiconductor Stocks to Buy That Aren’t Nvidia</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\">\nStrongest Semiconductor Stocks to Buy That Aren’t Nvidia\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-07-16 08:53 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.thestreet.com/investing/nvidia-marvell-broadcom-strong-semiconductor-stocks-to-buy><strong>The Street</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Nvidia undoubtedly is a true market leader but investors also should be on the lookout for additional semiconductor stocks to buy.\n\nIt’s hard to imagine a more bullish scenario for semiconductor ...</p>\n\n<a href=\"https://www.thestreet.com/investing/nvidia-marvell-broadcom-strong-semiconductor-stocks-to-buy\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"NVDA":"英伟达","MRVL":"迈威尔科技","AVGO":"博通","TXN":"德州仪器","AAPL":"苹果","ASML":"阿斯麦","TSM":"台积电"},"source_url":"https://www.thestreet.com/investing/nvidia-marvell-broadcom-strong-semiconductor-stocks-to-buy","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1126289564","content_text":"Nvidia undoubtedly is a true market leader but investors also should be on the lookout for additional semiconductor stocks to buy.\n\nIt’s hard to imagine a more bullish scenario for semiconductor stocks than the current global chip shortage.\nWith the COVID-19 pandemic driving demand thanks to people stuck at home using their favorite technological devices and a China-U.S. trade war that resulted in several supply chain bottlenecks, the companies that produce these innovative integrated circuits are truly thriving.\nLook no further than Nvidia (NVDA) -Get Report, a monster semiconductor stock that has rallied more than 55% year to date amid the chip shortage backdrop and a stock split announcement.\nWhile several analysts have boldly placed a $1,000 price target on Nvidia that implies even more upside, there are plenty of other options in the industry that might present a better risk-to-reward profile at this time.\nThe truth is that the semi shortage impacts so many different industries that it could take years for supply to catch up to demand. That means there will likely be plenty of long-term winners to come out of the current circumstances.\nWhile Nvidia is undoubtedly a true market leader and worthy of a spot in any long-term portfolio, investors should probably be on the lookout for additional semiconductor stocks to buy at this time given the industry’s long-term growth prospects.\nHere are some of the strongest semiconductor stocks to buy that aren’t Nvidia:\nMarvell Technology\nFabless semi companies like Marvell Technology (MRVL) -Get Report are intriguing because they outsource the majority of their semiconductor fabrication to third-party foundries like Taiwan Semiconductor Manufacturing (TSM) -Get Report.\nThis frees up tons of capital since owning and maintaining a semiconductor fab, also known as a foundry, requires significant spending. All of the capital saved on manufacturing can in turn be used to invest in developing and selling innovative new products.\nMarvell Technologyhas been one of the strongest chip stocks over the last year and the company continues to exceed earnings expectations even with short-term supply-chain constraints.\nThe company’s cutting-edge chips play a key role in some of the hottest end markets, including enterprise, cloud, automotive, industrial, and consumer markets.\nWith secular trends like the rise of 5G and companies moving their enterprise operations into the cloud, Marvell is poised to become a semiconductor powerhouse over the next decade.\nIt’s also worth mentioning that the formerly Bermuda-based company has reorganized to be domiciled in the United States, which opens up the possibility for massive U.S. government contracts going forward.\nASML Holding\nSemiconductors are considerably complex and intricately designed materials that require very specific equipment to produce.\nThat’s a big reason to consider adding shares of Netherlands-based ASML Holding (ASML) -Get Report since it’s one of the world’s largest suppliers of semiconductor manufacturing equipment.\nASML specializes in photolithography systems, which essentially project light through a blueprint of a pattern that is printed onto silicon wafers.\nThese systems are used by all of the biggest semiconductor manufacturers out there and could even lead to the next level of Moore’s law, which tells us that ASML is at the forefront of semiconductor innovation.\nMoore’s law states that the number of components found in integrated circuits (semiconductors) doubles every year each decade.\nThe effects of this doubling lead to more powerful computing at lower costs, which has huge implications for the future of semiconductor technology.\nThe bottom line is that although ASML is a pricy stock by traditional valuation metrics, paying a premium for quality and ingenuity can end up being a very lucrative decision.\nBroadcom\nThis is one of the best semi stocks to own if you are bullish on the 5G revolution, as Broadcom (AVGO) -Get Report supplies chips to two of the biggest smartphone vendors in the world, Apple (AAPL) -Get Report and Samsung.\nIt’s also trading at a discount relative to peers like Texas Instruments (TXN) -Get Report and Nvidia with a forward P/E ratio of 17.45 that points to higher earnings ahead.\nApple agreed to buy $15 billion worth of wireless components from Broadcom over a three-and-a-half-year period back in 2020, which tells us that the company has a fantastic opportunity to benefit from growing iPhone sales in emerging markets.\nBroadcom is also intriguing for investors interested in capitalizing on growth in the infrastructure software space, as products like mainframe and enterprise software deliver strong margins and will be in high demand as many companies continue with their digital transformations.\nBroadcom's talksto buy analytics, business intelligence, and data-management software provider SAS Institute for somewhere in the range of $15 billion to $20 billion reportedly have ended. The deal would have been another strong move to improve its enterprise software offerings.\nFinally, investors should be attracted by Broadcom’s ability to support a strong dividend payout and future acquisitions given the company’s reliable recurring revenue from multi-year contracts.\nThe stock currently offers a 3% dividend yield, which is the highest payout among its large-cap semiconductor peers.","news_type":1,"symbols_score_info":{"TXN":0.9,"TSM":0.9,"MRVL":0.9,"NVDA":0.9,"AVGO":0.9,"ASML":0.9,"AAPL":0.9}},"isVote":1,"tweetType":1,"viewCount":1457,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":145804477,"gmtCreate":1626214553399,"gmtModify":1703755498555,"author":{"id":"3580565594783380","authorId":"3580565594783380","name":"A79","avatar":"https://static.tigerbbs.com/e27267c412cea01bdd4a47d746ba7606","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3580565594783380","idStr":"3580565594783380"},"themes":[],"htmlText":"Im also stressed","listText":"Im also stressed","text":"Im also stressed","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":7,"repostSize":0,"link":"https://ttm.financial/post/145804477","repostId":"2151780560","repostType":4,"repost":{"id":"2151780560","kind":"highlight","weMediaInfo":{"introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"media_name":"Dow Jones","id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"pubTimestamp":1626212400,"share":"https://ttm.financial/m/news/2151780560?lang=en_US&edition=fundamental","pubTime":"2021-07-14 05:40","market":"us","language":"en","title":"Powell will stress patience in Capitol Hill testimony this week","url":"https://stock-news.laohu8.com/highlight/detail?id=2151780560","media":"Dow Jones","summary":"Fed chairman will let lawmakers duke it out over inflation, infrastructure.\n\nFed Chairman Jerome Pow","content":"<blockquote>\n Fed chairman will let lawmakers duke it out over inflation, infrastructure.\n</blockquote>\n<p>Fed Chairman Jerome Powell will use his two days of congressional testimony this week to stress that he is in no rush to exit the central bank's easy policy stance.</p>\n<p>\"Patience will remain the watchword,\" said Ian Shepherdson, chief economist at Pantheon Macroeconomics.</p>\n<p>The strong consumer price inflation report will lead to some more pointed questions, especially from Republicans eager to blame Democrats for the rise.</p>\n<p>Headline CPI beat expectations in June , rising 0.9% after a 0.6% jump in May.</p>\n<p>But Powell is not going to rewrite his testimony due to that <a href=\"https://laohu8.com/S/AONE\">one</a> report, economists said.</p>\n<p>\"If the last two inflation prints did not shift his views in a meaningful way, it is hard to see why this <a href=\"https://laohu8.com/S/AONE.U\">one</a> will,\" said Neil Dutta, head of economics at Renaissance Macro Research.</p>\n<p>\"Powell's main job at this point will be to push back against the regional Fed presidents, who will only get louder in their calls to remove policy accommodation,\" Dutta wrote in a note to clients.</p>\n<p>The Fed is holding rates close to zero and buying $120 billion of Treasurys and mortgage-related bonds each month to keep interest rates low.</p>\n<p>Minutes of the Fed's June meeting show that officials had a lengthy discussion about when to slow down, or taper, the asset purchases. That is the likely first step in backing away from its easy policy stance.</p>\n<p>In general, economists think the Fed will announce its plans on tapering as soon as September and could start to taper by year's end. But economists don't agree on the timing.</p>\n<p>\"Powell doesn't want to make news, because if he's making news then it's because he said something different, something surprising,\" said Vine Reinhart, Mellon's chief economist, in an interview on Bloomberg Radio.</p>\n<p>\"He wants to say 'everything is on course.' They are worried about the pandemic, they're pleased with unfolding economic data, but there is a long way to go,\" Reinhart said.</p>\n<p>In a possible preview of Powell's message, San Francisco Fed President Mary Daly said Tuesday she was unfazed by the strong June CPI report and that higher inflation was temporary. She said tapering could come at the end of the year.</p>\n<p>As always, lawmakers will be seeking to use Powell to score political points.</p>\n<p>Stephen Myrow, managing director of Beacon Policy Advisors, said moderate Democrats are worried that Congress is doing too little on infrastructure and will \"throw softballs\" to Powell about maintaining his dovish stance.</p>\n<p>\"I think Powell shares more in common with the Democrats than he does Republicans,\" Myrow said.</p>\n<p>Republicans will argue Democrat policies such as extra benefits for unemployed workers have actually slowed the overall recovery and increased the inflation risk, Myrow said in an interview.</p>\n<p>Stocks closed lower on Tuesday ahead of Powell's testimony, with the S&amp;P 500 index off 0.4%.</p>\n<p>The yield on the 10-year Treasury note moved up to 1.423%, still well down from the high of 1.75% reached at the end of March.</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>Powell will stress patience in Capitol Hill testimony this week</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; 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\">\nPowell will stress patience in Capitol Hill testimony this week\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Dow Jones </p>\n<p class=\"h-time\">2021-07-14 05:40</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<blockquote>\n Fed chairman will let lawmakers duke it out over inflation, infrastructure.\n</blockquote>\n<p>Fed Chairman Jerome Powell will use his two days of congressional testimony this week to stress that he is in no rush to exit the central bank's easy policy stance.</p>\n<p>\"Patience will remain the watchword,\" said Ian Shepherdson, chief economist at Pantheon Macroeconomics.</p>\n<p>The strong consumer price inflation report will lead to some more pointed questions, especially from Republicans eager to blame Democrats for the rise.</p>\n<p>Headline CPI beat expectations in June , rising 0.9% after a 0.6% jump in May.</p>\n<p>But Powell is not going to rewrite his testimony due to that <a href=\"https://laohu8.com/S/AONE\">one</a> report, economists said.</p>\n<p>\"If the last two inflation prints did not shift his views in a meaningful way, it is hard to see why this <a href=\"https://laohu8.com/S/AONE.U\">one</a> will,\" said Neil Dutta, head of economics at Renaissance Macro Research.</p>\n<p>\"Powell's main job at this point will be to push back against the regional Fed presidents, who will only get louder in their calls to remove policy accommodation,\" Dutta wrote in a note to clients.</p>\n<p>The Fed is holding rates close to zero and buying $120 billion of Treasurys and mortgage-related bonds each month to keep interest rates low.</p>\n<p>Minutes of the Fed's June meeting show that officials had a lengthy discussion about when to slow down, or taper, the asset purchases. That is the likely first step in backing away from its easy policy stance.</p>\n<p>In general, economists think the Fed will announce its plans on tapering as soon as September and could start to taper by year's end. But economists don't agree on the timing.</p>\n<p>\"Powell doesn't want to make news, because if he's making news then it's because he said something different, something surprising,\" said Vine Reinhart, Mellon's chief economist, in an interview on Bloomberg Radio.</p>\n<p>\"He wants to say 'everything is on course.' They are worried about the pandemic, they're pleased with unfolding economic data, but there is a long way to go,\" Reinhart said.</p>\n<p>In a possible preview of Powell's message, San Francisco Fed President Mary Daly said Tuesday she was unfazed by the strong June CPI report and that higher inflation was temporary. She said tapering could come at the end of the year.</p>\n<p>As always, lawmakers will be seeking to use Powell to score political points.</p>\n<p>Stephen Myrow, managing director of Beacon Policy Advisors, said moderate Democrats are worried that Congress is doing too little on infrastructure and will \"throw softballs\" to Powell about maintaining his dovish stance.</p>\n<p>\"I think Powell shares more in common with the Democrats than he does Republicans,\" Myrow said.</p>\n<p>Republicans will argue Democrat policies such as extra benefits for unemployed workers have actually slowed the overall recovery and increased the inflation risk, Myrow said in an interview.</p>\n<p>Stocks closed lower on Tuesday ahead of Powell's testimony, with the S&amp;P 500 index off 0.4%.</p>\n<p>The yield on the 10-year Treasury note moved up to 1.423%, still well down from the high of 1.75% reached at the end of March.</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":"2151780560","content_text":"Fed chairman will let lawmakers duke it out over inflation, infrastructure.\n\nFed Chairman Jerome Powell will use his two days of congressional testimony this week to stress that he is in no rush to exit the central bank's easy policy stance.\n\"Patience will remain the watchword,\" said Ian Shepherdson, chief economist at Pantheon Macroeconomics.\nThe strong consumer price inflation report will lead to some more pointed questions, especially from Republicans eager to blame Democrats for the rise.\nHeadline CPI beat expectations in June , rising 0.9% after a 0.6% jump in May.\nBut Powell is not going to rewrite his testimony due to that one report, economists said.\n\"If the last two inflation prints did not shift his views in a meaningful way, it is hard to see why this one will,\" said Neil Dutta, head of economics at Renaissance Macro Research.\n\"Powell's main job at this point will be to push back against the regional Fed presidents, who will only get louder in their calls to remove policy accommodation,\" Dutta wrote in a note to clients.\nThe Fed is holding rates close to zero and buying $120 billion of Treasurys and mortgage-related bonds each month to keep interest rates low.\nMinutes of the Fed's June meeting show that officials had a lengthy discussion about when to slow down, or taper, the asset purchases. That is the likely first step in backing away from its easy policy stance.\nIn general, economists think the Fed will announce its plans on tapering as soon as September and could start to taper by year's end. But economists don't agree on the timing.\n\"Powell doesn't want to make news, because if he's making news then it's because he said something different, something surprising,\" said Vine Reinhart, Mellon's chief economist, in an interview on Bloomberg Radio.\n\"He wants to say 'everything is on course.' They are worried about the pandemic, they're pleased with unfolding economic data, but there is a long way to go,\" Reinhart said.\nIn a possible preview of Powell's message, San Francisco Fed President Mary Daly said Tuesday she was unfazed by the strong June CPI report and that higher inflation was temporary. She said tapering could come at the end of the year.\nAs always, lawmakers will be seeking to use Powell to score political points.\nStephen Myrow, managing director of Beacon Policy Advisors, said moderate Democrats are worried that Congress is doing too little on infrastructure and will \"throw softballs\" to Powell about maintaining his dovish stance.\n\"I think Powell shares more in common with the Democrats than he does Republicans,\" Myrow said.\nRepublicans will argue Democrat policies such as extra benefits for unemployed workers have actually slowed the overall recovery and increased the inflation risk, Myrow said in an interview.\nStocks closed lower on Tuesday ahead of Powell's testimony, with the S&P 500 index off 0.4%.\nThe yield on the 10-year Treasury note moved up to 1.423%, still well down from the high of 1.75% reached at the end of March.","news_type":1,"symbols_score_info":{"HIL":0.9}},"isVote":1,"tweetType":1,"viewCount":1534,"authorTweetTopStatus":1,"verified":2,"comments":[{"author":{"id":"3573763633608588","authorId":"3573763633608588","name":"geraldsohsg","avatar":"https://static.tigerbbs.com/e5ed6243d428bdde0ff2710c5f44b2b3","crmLevel":5,"crmLevelSwitch":0,"authorIdStr":"3573763633608588","idStr":"3573763633608588"},"content":"like and comment","text":"like and comment","html":"like and comment"}],"imageCount":0,"langContent":"EN","totalScore":0},{"id":141628807,"gmtCreate":1625869518209,"gmtModify":1703750039234,"author":{"id":"3580565594783380","authorId":"3580565594783380","name":"A79","avatar":"https://static.tigerbbs.com/e27267c412cea01bdd4a47d746ba7606","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3580565594783380","idStr":"3580565594783380"},"themes":[],"htmlText":"Niooooo","listText":"Niooooo","text":"Niooooo","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/141628807","repostId":"2150434370","repostType":4,"repost":{"id":"2150434370","kind":"highlight","weMediaInfo":{"introduction":"The leading daily newsletter for the latest financial and business news. 33Yrs Helping Stock Investors with Investing Insights, Tools, News & More.","home_visible":0,"media_name":"Investors","id":"1085713068","head_image":"https://static.tigerbbs.com/608dd68a89ed486e18f64efe3136266c"},"pubTimestamp":1625843758,"share":"https://ttm.financial/m/news/2150434370?lang=en_US&edition=fundamental","pubTime":"2021-07-09 23:15","market":"us","language":"en","title":"Nio Throws New Challenge At Tesla As Competition Heats Up","url":"https://stock-news.laohu8.com/highlight/detail?id=2150434370","media":"Investors","summary":"The Tesla of China plans 4,000 battery-swap stations for electric vehicles by 2025. Nio stock reversed lower.","content":"<p><b>Nio</b> plans a vast expansion of EV battery swapping stations as competition with <b>Tesla</b> heats up. Nio stock opened higher but reversed lower.</p>\n<p>The Chinese EV startup plans to add at least 3,700 battery-swap stations for electric vehicles by 2025 after building around 300 so far, it said at an inaugural Power Day event Friday. Around 1,000 of the total will be installed outside of China, Bloomberg said. Nio's expanding in Norway, where Tesla dominates.</p>\n<p>Nio sees battery swapping as a key differentiator. Tesla, the luxury EV leader in China that Nio's taking on, relies on fast-charging stations for EV recharging. Tesla ditched battery swap technology years ago.</p>\n<p>At the same time, Nio announced it will build more charging stations after selling around 120,000 EVs since deliveries first began in June 2018. Tesla has 850 Supercharger stations in China.</p>\n<p>At battery swap stations, Nio's customers can rapidly get their battery exchanged for a fresh <a href=\"https://laohu8.com/S/AONE\">one</a> rather than a long wait to recharge their electric vehicle. Last October, Nio announced its millionth battery swap.</p>\n<p>In June, Nio's EV sales in China rose 20% month over month while Tesla's June sales in the country fell month over month. And Nio more than doubled June sales year over year.</p>\n<p>EV sales at Nio are fueled by its popular and innovative \"battery as a service\" program, whereby customers buy the car and lease the battery for cost savings. But Tesla isn't sitting idle.</p>\n<p>On Thursday, Tesla debuted a version of its made-in-Shanghai Model Y that is cheaper after government subsidies than its direct competitor, Nio's ES6 SUV.</p>\n<h2>Nio Stock, EV Stocks</h2>\n<p>Shares of Nio fell 1.8% to 44.76 on the stock market today, after initially popping to 47.01 soon after the open. Nio stock tested its 200-day line on Thursday. Tesla lost a fraction.</p>\n<p>HSBC analyst Yuqian Ding upgraded Nio stock to buy with a 69 price target.</p>\n<p>Nio also will build more vehicles for its \"valet\" charging service, which has a mobile team of workers fetch and return customers' cars for recharging, the company said at Power Day. And it's taking its superchargers and swap stations to Norway, where it's expanding to further challenge Tesla.</p>\n<p>Meanwhile, Nio is considering a listing on Hong Kong's stock market, where U.S.-listed <b>Xpeng Motors</b> debuted earlier this week in a dual listing, local media 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>Nio Throws New Challenge At Tesla As Competition Heats Up</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; 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 Throws New Challenge At Tesla As Competition Heats Up\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/608dd68a89ed486e18f64efe3136266c);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Investors </p>\n<p class=\"h-time\">2021-07-09 23:15</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<p><b>Nio</b> plans a vast expansion of EV battery swapping stations as competition with <b>Tesla</b> heats up. Nio stock opened higher but reversed lower.</p>\n<p>The Chinese EV startup plans to add at least 3,700 battery-swap stations for electric vehicles by 2025 after building around 300 so far, it said at an inaugural Power Day event Friday. Around 1,000 of the total will be installed outside of China, Bloomberg said. Nio's expanding in Norway, where Tesla dominates.</p>\n<p>Nio sees battery swapping as a key differentiator. Tesla, the luxury EV leader in China that Nio's taking on, relies on fast-charging stations for EV recharging. Tesla ditched battery swap technology years ago.</p>\n<p>At the same time, Nio announced it will build more charging stations after selling around 120,000 EVs since deliveries first began in June 2018. Tesla has 850 Supercharger stations in China.</p>\n<p>At battery swap stations, Nio's customers can rapidly get their battery exchanged for a fresh <a href=\"https://laohu8.com/S/AONE\">one</a> rather than a long wait to recharge their electric vehicle. Last October, Nio announced its millionth battery swap.</p>\n<p>In June, Nio's EV sales in China rose 20% month over month while Tesla's June sales in the country fell month over month. And Nio more than doubled June sales year over year.</p>\n<p>EV sales at Nio are fueled by its popular and innovative \"battery as a service\" program, whereby customers buy the car and lease the battery for cost savings. But Tesla isn't sitting idle.</p>\n<p>On Thursday, Tesla debuted a version of its made-in-Shanghai Model Y that is cheaper after government subsidies than its direct competitor, Nio's ES6 SUV.</p>\n<h2>Nio Stock, EV Stocks</h2>\n<p>Shares of Nio fell 1.8% to 44.76 on the stock market today, after initially popping to 47.01 soon after the open. Nio stock tested its 200-day line on Thursday. Tesla lost a fraction.</p>\n<p>HSBC analyst Yuqian Ding upgraded Nio stock to buy with a 69 price target.</p>\n<p>Nio also will build more vehicles for its \"valet\" charging service, which has a mobile team of workers fetch and return customers' cars for recharging, the company said at Power Day. And it's taking its superchargers and swap stations to Norway, where it's expanding to further challenge Tesla.</p>\n<p>Meanwhile, Nio is considering a listing on Hong Kong's stock market, where U.S.-listed <b>Xpeng Motors</b> debuted earlier this week in a dual listing, local media said.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"NGD":"New Gold","TSLA":"特斯拉"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2150434370","content_text":"Nio plans a vast expansion of EV battery swapping stations as competition with Tesla heats up. Nio stock opened higher but reversed lower.\nThe Chinese EV startup plans to add at least 3,700 battery-swap stations for electric vehicles by 2025 after building around 300 so far, it said at an inaugural Power Day event Friday. Around 1,000 of the total will be installed outside of China, Bloomberg said. Nio's expanding in Norway, where Tesla dominates.\nNio sees battery swapping as a key differentiator. Tesla, the luxury EV leader in China that Nio's taking on, relies on fast-charging stations for EV recharging. Tesla ditched battery swap technology years ago.\nAt the same time, Nio announced it will build more charging stations after selling around 120,000 EVs since deliveries first began in June 2018. Tesla has 850 Supercharger stations in China.\nAt battery swap stations, Nio's customers can rapidly get their battery exchanged for a fresh one rather than a long wait to recharge their electric vehicle. Last October, Nio announced its millionth battery swap.\nIn June, Nio's EV sales in China rose 20% month over month while Tesla's June sales in the country fell month over month. And Nio more than doubled June sales year over year.\nEV sales at Nio are fueled by its popular and innovative \"battery as a service\" program, whereby customers buy the car and lease the battery for cost savings. But Tesla isn't sitting idle.\nOn Thursday, Tesla debuted a version of its made-in-Shanghai Model Y that is cheaper after government subsidies than its direct competitor, Nio's ES6 SUV.\nNio Stock, EV Stocks\nShares of Nio fell 1.8% to 44.76 on the stock market today, after initially popping to 47.01 soon after the open. Nio stock tested its 200-day line on Thursday. Tesla lost a fraction.\nHSBC analyst Yuqian Ding upgraded Nio stock to buy with a 69 price target.\nNio also will build more vehicles for its \"valet\" charging service, which has a mobile team of workers fetch and return customers' cars for recharging, the company said at Power Day. And it's taking its superchargers and swap stations to Norway, where it's expanding to further challenge Tesla.\nMeanwhile, Nio is considering a listing on Hong Kong's stock market, where U.S.-listed Xpeng Motors debuted earlier this week in a dual listing, local media said.","news_type":1,"symbols_score_info":{"TSLA":0.9,"NGD":0.9}},"isVote":1,"tweetType":1,"viewCount":1094,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"hots":[{"id":9957411455,"gmtCreate":1677482766978,"gmtModify":1677482770537,"author":{"id":"3580565594783380","authorId":"3580565594783380","name":"A79","avatar":"https://static.tigerbbs.com/e27267c412cea01bdd4a47d746ba7606","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3580565594783380","idStr":"3580565594783380"},"themes":[],"htmlText":"Life will get better one day.","listText":"Life will get better one day.","text":"Life will get better one day.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/9957411455","isVote":1,"tweetType":1,"viewCount":4210,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":145804477,"gmtCreate":1626214553399,"gmtModify":1703755498555,"author":{"id":"3580565594783380","authorId":"3580565594783380","name":"A79","avatar":"https://static.tigerbbs.com/e27267c412cea01bdd4a47d746ba7606","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3580565594783380","idStr":"3580565594783380"},"themes":[],"htmlText":"Im also stressed","listText":"Im also stressed","text":"Im also stressed","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":7,"repostSize":0,"link":"https://ttm.financial/post/145804477","repostId":"2151780560","repostType":4,"repost":{"id":"2151780560","kind":"highlight","weMediaInfo":{"introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"media_name":"Dow Jones","id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"pubTimestamp":1626212400,"share":"https://ttm.financial/m/news/2151780560?lang=en_US&edition=fundamental","pubTime":"2021-07-14 05:40","market":"us","language":"en","title":"Powell will stress patience in Capitol Hill testimony this week","url":"https://stock-news.laohu8.com/highlight/detail?id=2151780560","media":"Dow Jones","summary":"Fed chairman will let lawmakers duke it out over inflation, infrastructure.\n\nFed Chairman Jerome Pow","content":"<blockquote>\n Fed chairman will let lawmakers duke it out over inflation, infrastructure.\n</blockquote>\n<p>Fed Chairman Jerome Powell will use his two days of congressional testimony this week to stress that he is in no rush to exit the central bank's easy policy stance.</p>\n<p>\"Patience will remain the watchword,\" said Ian Shepherdson, chief economist at Pantheon Macroeconomics.</p>\n<p>The strong consumer price inflation report will lead to some more pointed questions, especially from Republicans eager to blame Democrats for the rise.</p>\n<p>Headline CPI beat expectations in June , rising 0.9% after a 0.6% jump in May.</p>\n<p>But Powell is not going to rewrite his testimony due to that <a href=\"https://laohu8.com/S/AONE\">one</a> report, economists said.</p>\n<p>\"If the last two inflation prints did not shift his views in a meaningful way, it is hard to see why this <a href=\"https://laohu8.com/S/AONE.U\">one</a> will,\" said Neil Dutta, head of economics at Renaissance Macro Research.</p>\n<p>\"Powell's main job at this point will be to push back against the regional Fed presidents, who will only get louder in their calls to remove policy accommodation,\" Dutta wrote in a note to clients.</p>\n<p>The Fed is holding rates close to zero and buying $120 billion of Treasurys and mortgage-related bonds each month to keep interest rates low.</p>\n<p>Minutes of the Fed's June meeting show that officials had a lengthy discussion about when to slow down, or taper, the asset purchases. That is the likely first step in backing away from its easy policy stance.</p>\n<p>In general, economists think the Fed will announce its plans on tapering as soon as September and could start to taper by year's end. But economists don't agree on the timing.</p>\n<p>\"Powell doesn't want to make news, because if he's making news then it's because he said something different, something surprising,\" said Vine Reinhart, Mellon's chief economist, in an interview on Bloomberg Radio.</p>\n<p>\"He wants to say 'everything is on course.' They are worried about the pandemic, they're pleased with unfolding economic data, but there is a long way to go,\" Reinhart said.</p>\n<p>In a possible preview of Powell's message, San Francisco Fed President Mary Daly said Tuesday she was unfazed by the strong June CPI report and that higher inflation was temporary. She said tapering could come at the end of the year.</p>\n<p>As always, lawmakers will be seeking to use Powell to score political points.</p>\n<p>Stephen Myrow, managing director of Beacon Policy Advisors, said moderate Democrats are worried that Congress is doing too little on infrastructure and will \"throw softballs\" to Powell about maintaining his dovish stance.</p>\n<p>\"I think Powell shares more in common with the Democrats than he does Republicans,\" Myrow said.</p>\n<p>Republicans will argue Democrat policies such as extra benefits for unemployed workers have actually slowed the overall recovery and increased the inflation risk, Myrow said in an interview.</p>\n<p>Stocks closed lower on Tuesday ahead of Powell's testimony, with the S&amp;P 500 index off 0.4%.</p>\n<p>The yield on the 10-year Treasury note moved up to 1.423%, still well down from the high of 1.75% reached at the end of March.</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>Powell will stress patience in Capitol Hill testimony this week</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; 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\">\nPowell will stress patience in Capitol Hill testimony this week\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Dow Jones </p>\n<p class=\"h-time\">2021-07-14 05:40</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<blockquote>\n Fed chairman will let lawmakers duke it out over inflation, infrastructure.\n</blockquote>\n<p>Fed Chairman Jerome Powell will use his two days of congressional testimony this week to stress that he is in no rush to exit the central bank's easy policy stance.</p>\n<p>\"Patience will remain the watchword,\" said Ian Shepherdson, chief economist at Pantheon Macroeconomics.</p>\n<p>The strong consumer price inflation report will lead to some more pointed questions, especially from Republicans eager to blame Democrats for the rise.</p>\n<p>Headline CPI beat expectations in June , rising 0.9% after a 0.6% jump in May.</p>\n<p>But Powell is not going to rewrite his testimony due to that <a href=\"https://laohu8.com/S/AONE\">one</a> report, economists said.</p>\n<p>\"If the last two inflation prints did not shift his views in a meaningful way, it is hard to see why this <a href=\"https://laohu8.com/S/AONE.U\">one</a> will,\" said Neil Dutta, head of economics at Renaissance Macro Research.</p>\n<p>\"Powell's main job at this point will be to push back against the regional Fed presidents, who will only get louder in their calls to remove policy accommodation,\" Dutta wrote in a note to clients.</p>\n<p>The Fed is holding rates close to zero and buying $120 billion of Treasurys and mortgage-related bonds each month to keep interest rates low.</p>\n<p>Minutes of the Fed's June meeting show that officials had a lengthy discussion about when to slow down, or taper, the asset purchases. That is the likely first step in backing away from its easy policy stance.</p>\n<p>In general, economists think the Fed will announce its plans on tapering as soon as September and could start to taper by year's end. But economists don't agree on the timing.</p>\n<p>\"Powell doesn't want to make news, because if he's making news then it's because he said something different, something surprising,\" said Vine Reinhart, Mellon's chief economist, in an interview on Bloomberg Radio.</p>\n<p>\"He wants to say 'everything is on course.' They are worried about the pandemic, they're pleased with unfolding economic data, but there is a long way to go,\" Reinhart said.</p>\n<p>In a possible preview of Powell's message, San Francisco Fed President Mary Daly said Tuesday she was unfazed by the strong June CPI report and that higher inflation was temporary. She said tapering could come at the end of the year.</p>\n<p>As always, lawmakers will be seeking to use Powell to score political points.</p>\n<p>Stephen Myrow, managing director of Beacon Policy Advisors, said moderate Democrats are worried that Congress is doing too little on infrastructure and will \"throw softballs\" to Powell about maintaining his dovish stance.</p>\n<p>\"I think Powell shares more in common with the Democrats than he does Republicans,\" Myrow said.</p>\n<p>Republicans will argue Democrat policies such as extra benefits for unemployed workers have actually slowed the overall recovery and increased the inflation risk, Myrow said in an interview.</p>\n<p>Stocks closed lower on Tuesday ahead of Powell's testimony, with the S&amp;P 500 index off 0.4%.</p>\n<p>The yield on the 10-year Treasury note moved up to 1.423%, still well down from the high of 1.75% reached at the end of March.</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":"2151780560","content_text":"Fed chairman will let lawmakers duke it out over inflation, infrastructure.\n\nFed Chairman Jerome Powell will use his two days of congressional testimony this week to stress that he is in no rush to exit the central bank's easy policy stance.\n\"Patience will remain the watchword,\" said Ian Shepherdson, chief economist at Pantheon Macroeconomics.\nThe strong consumer price inflation report will lead to some more pointed questions, especially from Republicans eager to blame Democrats for the rise.\nHeadline CPI beat expectations in June , rising 0.9% after a 0.6% jump in May.\nBut Powell is not going to rewrite his testimony due to that one report, economists said.\n\"If the last two inflation prints did not shift his views in a meaningful way, it is hard to see why this one will,\" said Neil Dutta, head of economics at Renaissance Macro Research.\n\"Powell's main job at this point will be to push back against the regional Fed presidents, who will only get louder in their calls to remove policy accommodation,\" Dutta wrote in a note to clients.\nThe Fed is holding rates close to zero and buying $120 billion of Treasurys and mortgage-related bonds each month to keep interest rates low.\nMinutes of the Fed's June meeting show that officials had a lengthy discussion about when to slow down, or taper, the asset purchases. That is the likely first step in backing away from its easy policy stance.\nIn general, economists think the Fed will announce its plans on tapering as soon as September and could start to taper by year's end. But economists don't agree on the timing.\n\"Powell doesn't want to make news, because if he's making news then it's because he said something different, something surprising,\" said Vine Reinhart, Mellon's chief economist, in an interview on Bloomberg Radio.\n\"He wants to say 'everything is on course.' They are worried about the pandemic, they're pleased with unfolding economic data, but there is a long way to go,\" Reinhart said.\nIn a possible preview of Powell's message, San Francisco Fed President Mary Daly said Tuesday she was unfazed by the strong June CPI report and that higher inflation was temporary. She said tapering could come at the end of the year.\nAs always, lawmakers will be seeking to use Powell to score political points.\nStephen Myrow, managing director of Beacon Policy Advisors, said moderate Democrats are worried that Congress is doing too little on infrastructure and will \"throw softballs\" to Powell about maintaining his dovish stance.\n\"I think Powell shares more in common with the Democrats than he does Republicans,\" Myrow said.\nRepublicans will argue Democrat policies such as extra benefits for unemployed workers have actually slowed the overall recovery and increased the inflation risk, Myrow said in an interview.\nStocks closed lower on Tuesday ahead of Powell's testimony, with the S&P 500 index off 0.4%.\nThe yield on the 10-year Treasury note moved up to 1.423%, still well down from the high of 1.75% reached at the end of March.","news_type":1,"symbols_score_info":{"HIL":0.9}},"isVote":1,"tweetType":1,"viewCount":1534,"authorTweetTopStatus":1,"verified":2,"comments":[{"author":{"id":"3573763633608588","authorId":"3573763633608588","name":"geraldsohsg","avatar":"https://static.tigerbbs.com/e5ed6243d428bdde0ff2710c5f44b2b3","crmLevel":5,"crmLevelSwitch":0,"authorIdStr":"3573763633608588","idStr":"3573763633608588"},"content":"like and comment","text":"like and comment","html":"like and comment"}],"imageCount":0,"langContent":"EN","totalScore":0},{"id":184257408,"gmtCreate":1623716950304,"gmtModify":1704209306740,"author":{"id":"3580565594783380","authorId":"3580565594783380","name":"A79","avatar":"https://static.tigerbbs.com/e27267c412cea01bdd4a47d746ba7606","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3580565594783380","idStr":"3580565594783380"},"themes":[],"htmlText":"Pls like n reply for good luck","listText":"Pls like n reply for good luck","text":"Pls like n reply for good luck","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":7,"repostSize":0,"link":"https://ttm.financial/post/184257408","repostId":"1112731941","repostType":4,"repost":{"id":"1112731941","kind":"news","pubTimestamp":1623716319,"share":"https://ttm.financial/m/news/1112731941?lang=en_US&edition=fundamental","pubTime":"2021-06-15 08:18","market":"us","language":"en","title":"Warren Buffett and the Myth of the ‘Good Billionaire’","url":"https://stock-news.laohu8.com/highlight/detail?id=1112731941","media":"The New York Times","summary":"Illustration by The New York Times; Photograph via Getty\nWarren Buffett appears to be the safest kin","content":"<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/002912ff5cccdf9eee5a5197b6b82e93\" tg-width=\"1600\" tg-height=\"1600\" referrerpolicy=\"no-referrer\"><span>Illustration by The New York Times; Photograph via Getty</span></p>\n<p>Warren Buffett appears to be the safest kind of billionaire: the good kind. Mr. Buffett is neither Zuckerbergian messiah nor Musky provocateur, neither Bezosist space cadet nor Sacklerian undertaker. He is, or seems to be, quiet, humble, indifferent to money, philanthropic and critical of the system that allowed him to rise. Years ago, a proposed tax increase was named after him.</p>\n<p>It’s easy for people to think: If only members of the Sackler family were more like Mr. Buffett, imagine how many lives would have been saved. If only the billionaires who haven’t signed the Giving Pledge would give away as much as Mr. Buffett has pledged to, imagine the impact on the world. If only more billionaires would make use of the system without feeling the need to pervert it, so many of our troubles would vanish.</p>\n<p>So I regret to inform you that Mr. Buffett is actually the most dangerous kind of billionaire we have. The worst billionaires are the Good Billionaires. The sort who make it seem like the problem is the distortion of the system when, in fact, the problem is the system.</p>\n<p>Actually malevolent and disastrously negligent plutocrats get most of the attention. And when we hear about these Bad Billionaire exploits, it is possible to conclude from them that the system needs better policing, updated regulations and maybe slightly higher taxes. The system needs to be made to work again.</p>\n<p>But as America slouches toward plutocracy, our problem isn’t the virtue level of billionaires. It’s a set of social arrangements that make it possible for anyone to gain and guard and keep so much wealth, even as millions of others lack for food, work, housing, health, connectivity, education, dignity and the occasion to pursue their happiness.</p>\n<p>There is no way to be a billionaire in America without taking advantage of a system predicated on cruelty, a system whose tax code and labor laws and regulatory apparatus prioritize your needs above most people’s. Even noted Good Billionaire Mr. Buffett has profited from Coca-Cola’s sugary drinks, Amazon’s union busting, Chevron’s oil drilling, Clayton Homes’s predatory loans and, as the country learned recently, the failure to tax billionaires on their wealth.</p>\n<p>The Good Billionaire myth took a hard blow in recent days when Mr. Buffett won a dubious distinction. A&nbsp;staggering exposé&nbsp;published by ProPublica revealed just how little the biggest plutocrats pay in taxes, despite mounting piles of wealth. And at the very top of that list of plutocrats — many of them with troubled reputations — was the cleanest, grandfatherliest plutocrat of them all: Mr. Buffett.</p>\n<p>ProPublica’s story was unusual in that, for once, it was the Good Billionaire at the top of the naughty list. This was helpful, because it served to indict the system that makes him possible, even when it is working perfectly, wholly lawfully.</p>\n<p>From 2014 to 2018, Mr. Buffett’s wealth soared by $24.3 billion, according to ProPublica. (To underline, this is just the amount the fortune grew.) The amount of taxes Mr. Buffett paid over this period? $23.7 million. If middle-class Americans in their 40s enjoyed such a low effective tax rate, they would have paid a few dozen bucks per household over this same time period. Instead, as the ProPublica story notes, they paid around $62,000.</p>\n<p>Imagine if Mr. Buffett had to pay the same fraction of the growth of his net worth that regular people do. Taxing that money could have helped pay for bridge repairs, mammograms, and free day care. More important — and this isn’t said enough — there is intrinsic value in shrinking gargantuan fortunes. The sway plutocrats have over public life is inconsistent with a one person, one vote democracy.</p>\n<p>The important point here is that Mr. Buffett’s tax payments as detailed by ProPublica are fully legal. Though Mr. Buffett has called for changing the tax system, while we have the one we have, he will continue to benefit from the madness of taxing billionaires for their income, rather than their wealth, when their income is pretty much just a number they can construct.</p>\n<p>I asked Mr. Buffett last week, via his longtime secretary, Debbie Bosanek, if he could think of even one tax or accounting practice that he has come to regret. Sure, he may have followed the letter of the law. But was there any aspect of his patriotism or humanity that left him feeling guilty for hoarding so much untaxed when regular people pay so much in taxes? Though Ms. Bosanek responded to an initial inquiry, she declined to offer any such examples.</p>\n<p>In a long statement last week, Mr. Buffett&nbsp;defended himself&nbsp;by pointing to his long advocacy for a fairer taxation system, and then he immediately told on himself by undermining the very idea of taxes in the same letter. “I believe the money will be of more use to society if disbursed philanthropically than if it is used to slightly reduce an ever-increasing U.S. debt.”</p>\n<p>In other words: I believe in higher income taxes on people like me, but I’m highly organized to avoid having income to report, and I don’t really believe in taxes because I think I should decide how these surplus resources are spent.</p>\n<p>And this points to another way in which the Good Billionaire is hard to deal with. The crooks and the scoundrels and the people manifestly looking for quick P.R. highs come to philanthropy for the marketing payoff. When Goldman Sachs announces a new initiative on fighting the racial wealth gap despite having done little to repair the damage it did to Black homeowners in contributing to the 2008 financial meltdown, some may be fooled, but, more and more, many are not.</p>\n<p>Supposed Good Billionaires like Mr. Buffett and his friend Bill Gates are more complicated because they give real money. They may benefit from marketing but also seem to many people to be motivated by more than that, and they apply their smarts to the work.</p>\n<p>Yet because of this, it is often the Good Billionaires who end up with the most illegitimate influence over public life. No one is asking members of the Sackler family for public health advice. But Mr. Gates has become a major policy voice on vaccines despite holding no elected position. Mr. Buffett, for his part, has shied away from that kind of lane hopping and richsplaining, but in donating his fortune to Mr. Gates’s foundation he has pumped up that undemocratic influence.</p>\n<p>Mr. Buffett is almost the perfectly made billionaire for this moment in which, at last, many Americans are beginning to question not only corruptions of the system but the matter of whether billionaires should exist at all. He doesn’t do the things the worst of them do. He isn’t in it for what they’re in it for. He clearly must care about money, but he also kind of doesn’t care about money. Even in his generosity, he has avoided the imperial lording over that others cannot resist.</p>\n<p>And this is what makes him so troubling, because through him we are tempted into believing that a system can be defended that allows a man to accumulate more than $100 billion while people are sleeping, in hock to him, in his mobile homes, shortening their lives with the beverages he’s invested in, scampering around the warehouses whose nonunion status has redounded to his money pile.</p>\n<p>It can’t. And who keeps us from seeing that simple, stark truth more effectively, more perniciously, than the Good Billionaire?</p>","source":"lsy1608616134662","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>Warren Buffett and the Myth of the ‘Good Billionaire’</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\">\nWarren Buffett and the Myth of the ‘Good Billionaire’\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-15 08:18 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.nytimes.com/2021/06/13/opinion/warren-buffett-billionaire-taxes.html?searchResultPosition=1><strong>The New York Times</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Illustration by The New York Times; Photograph via Getty\nWarren Buffett appears to be the safest kind of billionaire: the good kind. Mr. Buffett is neither Zuckerbergian messiah nor Musky provocateur,...</p>\n\n<a href=\"https://www.nytimes.com/2021/06/13/opinion/warren-buffett-billionaire-taxes.html?searchResultPosition=1\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BRK.B":"伯克希尔B","BRK.A":"伯克希尔"},"source_url":"https://www.nytimes.com/2021/06/13/opinion/warren-buffett-billionaire-taxes.html?searchResultPosition=1","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1112731941","content_text":"Illustration by The New York Times; Photograph via Getty\nWarren Buffett appears to be the safest kind of billionaire: the good kind. Mr. Buffett is neither Zuckerbergian messiah nor Musky provocateur, neither Bezosist space cadet nor Sacklerian undertaker. He is, or seems to be, quiet, humble, indifferent to money, philanthropic and critical of the system that allowed him to rise. Years ago, a proposed tax increase was named after him.\nIt’s easy for people to think: If only members of the Sackler family were more like Mr. Buffett, imagine how many lives would have been saved. If only the billionaires who haven’t signed the Giving Pledge would give away as much as Mr. Buffett has pledged to, imagine the impact on the world. If only more billionaires would make use of the system without feeling the need to pervert it, so many of our troubles would vanish.\nSo I regret to inform you that Mr. Buffett is actually the most dangerous kind of billionaire we have. The worst billionaires are the Good Billionaires. The sort who make it seem like the problem is the distortion of the system when, in fact, the problem is the system.\nActually malevolent and disastrously negligent plutocrats get most of the attention. And when we hear about these Bad Billionaire exploits, it is possible to conclude from them that the system needs better policing, updated regulations and maybe slightly higher taxes. The system needs to be made to work again.\nBut as America slouches toward plutocracy, our problem isn’t the virtue level of billionaires. It’s a set of social arrangements that make it possible for anyone to gain and guard and keep so much wealth, even as millions of others lack for food, work, housing, health, connectivity, education, dignity and the occasion to pursue their happiness.\nThere is no way to be a billionaire in America without taking advantage of a system predicated on cruelty, a system whose tax code and labor laws and regulatory apparatus prioritize your needs above most people’s. Even noted Good Billionaire Mr. Buffett has profited from Coca-Cola’s sugary drinks, Amazon’s union busting, Chevron’s oil drilling, Clayton Homes’s predatory loans and, as the country learned recently, the failure to tax billionaires on their wealth.\nThe Good Billionaire myth took a hard blow in recent days when Mr. Buffett won a dubious distinction. A staggering exposé published by ProPublica revealed just how little the biggest plutocrats pay in taxes, despite mounting piles of wealth. And at the very top of that list of plutocrats — many of them with troubled reputations — was the cleanest, grandfatherliest plutocrat of them all: Mr. Buffett.\nProPublica’s story was unusual in that, for once, it was the Good Billionaire at the top of the naughty list. This was helpful, because it served to indict the system that makes him possible, even when it is working perfectly, wholly lawfully.\nFrom 2014 to 2018, Mr. Buffett’s wealth soared by $24.3 billion, according to ProPublica. (To underline, this is just the amount the fortune grew.) The amount of taxes Mr. Buffett paid over this period? $23.7 million. If middle-class Americans in their 40s enjoyed such a low effective tax rate, they would have paid a few dozen bucks per household over this same time period. Instead, as the ProPublica story notes, they paid around $62,000.\nImagine if Mr. Buffett had to pay the same fraction of the growth of his net worth that regular people do. Taxing that money could have helped pay for bridge repairs, mammograms, and free day care. More important — and this isn’t said enough — there is intrinsic value in shrinking gargantuan fortunes. The sway plutocrats have over public life is inconsistent with a one person, one vote democracy.\nThe important point here is that Mr. Buffett’s tax payments as detailed by ProPublica are fully legal. Though Mr. Buffett has called for changing the tax system, while we have the one we have, he will continue to benefit from the madness of taxing billionaires for their income, rather than their wealth, when their income is pretty much just a number they can construct.\nI asked Mr. Buffett last week, via his longtime secretary, Debbie Bosanek, if he could think of even one tax or accounting practice that he has come to regret. Sure, he may have followed the letter of the law. But was there any aspect of his patriotism or humanity that left him feeling guilty for hoarding so much untaxed when regular people pay so much in taxes? Though Ms. Bosanek responded to an initial inquiry, she declined to offer any such examples.\nIn a long statement last week, Mr. Buffett defended himself by pointing to his long advocacy for a fairer taxation system, and then he immediately told on himself by undermining the very idea of taxes in the same letter. “I believe the money will be of more use to society if disbursed philanthropically than if it is used to slightly reduce an ever-increasing U.S. debt.”\nIn other words: I believe in higher income taxes on people like me, but I’m highly organized to avoid having income to report, and I don’t really believe in taxes because I think I should decide how these surplus resources are spent.\nAnd this points to another way in which the Good Billionaire is hard to deal with. The crooks and the scoundrels and the people manifestly looking for quick P.R. highs come to philanthropy for the marketing payoff. When Goldman Sachs announces a new initiative on fighting the racial wealth gap despite having done little to repair the damage it did to Black homeowners in contributing to the 2008 financial meltdown, some may be fooled, but, more and more, many are not.\nSupposed Good Billionaires like Mr. Buffett and his friend Bill Gates are more complicated because they give real money. They may benefit from marketing but also seem to many people to be motivated by more than that, and they apply their smarts to the work.\nYet because of this, it is often the Good Billionaires who end up with the most illegitimate influence over public life. No one is asking members of the Sackler family for public health advice. But Mr. Gates has become a major policy voice on vaccines despite holding no elected position. Mr. Buffett, for his part, has shied away from that kind of lane hopping and richsplaining, but in donating his fortune to Mr. Gates’s foundation he has pumped up that undemocratic influence.\nMr. Buffett is almost the perfectly made billionaire for this moment in which, at last, many Americans are beginning to question not only corruptions of the system but the matter of whether billionaires should exist at all. He doesn’t do the things the worst of them do. He isn’t in it for what they’re in it for. He clearly must care about money, but he also kind of doesn’t care about money. Even in his generosity, he has avoided the imperial lording over that others cannot resist.\nAnd this is what makes him so troubling, because through him we are tempted into believing that a system can be defended that allows a man to accumulate more than $100 billion while people are sleeping, in hock to him, in his mobile homes, shortening their lives with the beverages he’s invested in, scampering around the warehouses whose nonunion status has redounded to his money pile.\nIt can’t. And who keeps us from seeing that simple, stark truth more effectively, more perniciously, than the Good Billionaire?","news_type":1,"symbols_score_info":{"BRK.B":0.9,"BRK.A":0.9}},"isVote":1,"tweetType":1,"viewCount":610,"authorTweetTopStatus":1,"verified":2,"comments":[{"author":{"id":"3582325347699347","authorId":"3582325347699347","name":"ZTPang","avatar":"https://static.tigerbbs.com/447bbc8a52fb7a0361b472c0afceaa15","crmLevel":1,"crmLevelSwitch":1,"authorIdStr":"3582325347699347","idStr":"3582325347699347"},"content":"done, please reply back here","text":"done, please reply back here","html":"done, please reply back here"},{"author":{"id":"3575029530877311","authorId":"3575029530877311","name":"BK_001","avatar":"https://static.tigerbbs.com/ae6c60f25dc2e498b6aa2bcc99405def","crmLevel":11,"crmLevelSwitch":0,"authorIdStr":"3575029530877311","idStr":"3575029530877311"},"content":"Reply baCk pLease","text":"Reply baCk pLease","html":"Reply baCk pLease"}],"imageCount":0,"langContent":"EN","totalScore":0},{"id":179703315,"gmtCreate":1626574744237,"gmtModify":1703761887507,"author":{"id":"3580565594783380","authorId":"3580565594783380","name":"A79","avatar":"https://static.tigerbbs.com/e27267c412cea01bdd4a47d746ba7606","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3580565594783380","idStr":"3580565594783380"},"themes":[],"htmlText":"Hmmmmm","listText":"Hmmmmm","text":"Hmmmmm","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":6,"repostSize":0,"link":"https://ttm.financial/post/179703315","repostId":"1123523681","repostType":4,"isVote":1,"tweetType":1,"viewCount":1215,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":169091032,"gmtCreate":1623808294726,"gmtModify":1703820077063,"author":{"id":"3580565594783380","authorId":"3580565594783380","name":"A79","avatar":"https://static.tigerbbs.com/e27267c412cea01bdd4a47d746ba7606","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3580565594783380","idStr":"3580565594783380"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/SENS\">$Senseonics(SENS)$</a>Still lots of room to grow!!!","listText":"<a href=\"https://laohu8.com/S/SENS\">$Senseonics(SENS)$</a>Still lots of room to grow!!!","text":"$Senseonics(SENS)$Still lots of room to grow!!!","images":[{"img":"https://static.tigerbbs.com/f4ead75adaa1e2d2eb28139e8086b125","width":"750","height":"1068"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":6,"repostSize":0,"link":"https://ttm.financial/post/169091032","isVote":1,"tweetType":1,"viewCount":1199,"authorTweetTopStatus":1,"verified":2,"comments":[{"author":{"id":"3574130049114855","authorId":"3574130049114855","name":"jvlevia","avatar":"https://community-static.tradeup.com/news/e5a8dc4f82c8604fc2ba5e0bc643a1c8","crmLevel":11,"crmLevelSwitch":0,"authorIdStr":"3574130049114855","idStr":"3574130049114855"},"content":"[Money Fans] [Money Fans]","text":"[Money Fans] [Money Fans]","html":"[Money Fans] [Money Fans]"}],"imageCount":1,"langContent":"EN","totalScore":0},{"id":801501405,"gmtCreate":1627521265307,"gmtModify":1703491541898,"author":{"id":"3580565594783380","authorId":"3580565594783380","name":"A79","avatar":"https://static.tigerbbs.com/e27267c412cea01bdd4a47d746ba7606","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3580565594783380","idStr":"3580565594783380"},"themes":[],"htmlText":"Niceeee","listText":"Niceeee","text":"Niceeee","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":5,"repostSize":0,"link":"https://ttm.financial/post/801501405","repostId":"1166151449","repostType":4,"isVote":1,"tweetType":1,"viewCount":3526,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":112703654,"gmtCreate":1622912364978,"gmtModify":1704193224749,"author":{"id":"3580565594783380","authorId":"3580565594783380","name":"A79","avatar":"https://static.tigerbbs.com/e27267c412cea01bdd4a47d746ba7606","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3580565594783380","idStr":"3580565594783380"},"themes":[],"htmlText":"Like my comment for good luck!!","listText":"Like my comment for good luck!!","text":"Like my comment for good luck!!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":4,"repostSize":0,"link":"https://ttm.financial/post/112703654","repostId":"1188570839","repostType":2,"isVote":1,"tweetType":1,"viewCount":1003,"authorTweetTopStatus":1,"verified":2,"comments":[{"author":{"id":"3575936957429593","authorId":"3575936957429593","name":"alvernsim","avatar":"https://static.tigerbbs.com/c2fe3d62fe9cea4c6c6e6417f045322d","crmLevel":2,"crmLevelSwitch":0,"authorIdStr":"3575936957429593","idStr":"3575936957429593"},"content":"Nice bro! Comment back pls!","text":"Nice bro! Comment back pls!","html":"Nice bro! Comment back pls!"}],"imageCount":0,"langContent":"EN","totalScore":0},{"id":120666760,"gmtCreate":1624321943250,"gmtModify":1703833338164,"author":{"id":"3580565594783380","authorId":"3580565594783380","name":"A79","avatar":"https://static.tigerbbs.com/e27267c412cea01bdd4a47d746ba7606","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3580565594783380","idStr":"3580565594783380"},"themes":[],"htmlText":"Like n reply back for good luck!","listText":"Like n reply back for good luck!","text":"Like n reply back for good luck!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":3,"repostSize":0,"link":"https://ttm.financial/post/120666760","repostId":"1191349655","repostType":4,"repost":{"id":"1191349655","kind":"news","pubTimestamp":1624316842,"share":"https://ttm.financial/m/news/1191349655?lang=en_US&edition=fundamental","pubTime":"2021-06-22 07:07","market":"us","language":"en","title":"Wall Street ends sharply higher, led by surging Dow","url":"https://stock-news.laohu8.com/highlight/detail?id=1191349655","media":"Reuters","summary":"(Reuters) - Wall Street rallied on Monday, with the Dow completing its strongest session in over thr","content":"<p>(Reuters) - Wall Street rallied on Monday, with the Dow completing its strongest session in over three months as investors piled back in to energy and other sectors expected to outperform as the economy rebounds from the pandemic.</p>\n<p>The small-cap Russell 2000 and the Dow Jones Transports Average, considered a barometer of economic health, both jumped about 2%.</p>\n<p>The S&amp;P 500 value index, which includes banks, energy and other economically sensitive sectors and has led gains in U.S. equities so far this year, surged 1.9%, outperforming a 0.9% rise in the growth index.</p>\n<p>That was a stark reversal from last week, when the Fed’s hawkish signals on monetary policy sparked a round of profit taking that wiped out value stocks’ lead over growth this month and triggered the worst weekly performance for the Dow and the S&amp;P 500 in months.</p>\n<p>“The overall theme here is the market still does not know whether it wants easy money or tight money and it’s in a tug of war,” said Randy Frederick, vice president of trading and derivatives at Charles Schwab.</p>\n<p>All 11 S&amp;P 500 sector indexes rose, with energy jumping 4.3% and leading the way, followed by financials, up 2.4%.</p>\n<p>Microsoft Corp rose 1.2% to close at an all-time high.</p>\n<p>The S&amp;P 500 has traded in a tight range this month as investors juggled fears of an overheating economy with optimism about a strong economic rebound.</p>\n<p>(Graphic: Value vs Growth stocks, )</p>\n<p><img src=\"https://static.tigerbbs.com/cef3457ef1409a02e910dfc35591b8dc\" tg-width=\"963\" tg-height=\"726\" referrerpolicy=\"no-referrer\"></p>\n<p>Focus this week will be on U.S. factory activity surveys and home sales data, while Fed Chair Jerome Powell testifies before Congress on Tuesday.</p>\n<p>The Dow Jones Industrial Average rose 1.76% to end at 33,876.97 points, while the S&amp;P 500 gained 1.40% to 4,224.79. The Nasdaq Composite climbed 0.79% to 14,141.48.</p>\n<p>Cryptocurrency stocks, including miners Riot Blockchain, Marathon Patent Group and crypto exchange Coinbase Global, tumbled between 1% and 4% on China’s expanding crackdown on bitcoin mining.</p>\n<p>Moderna Inc rallied 4.5% after a report said the drugmaker is adding two new production lines at a COVID-19 vaccine manufacturing plant, in a bid to prepare for making more booster shots.</p>\n<p>Market participants are girding for a major trading event on Friday, when the FTSE Russell completes the annual rebalancing of its indexes, potentially affecting trillions of dollars in investments.</p>\n<p>Advancing issues outnumbered declining ones on the NYSE by a 2.86-to-1 ratio; on Nasdaq, a 1.44-to-1 ratio favored advancers.</p>\n<p>The S&amp;P 500 posted 20 new 52-week highs and no new lows; the Nasdaq Composite recorded 74 new highs and 55 new lows.</p>\n<p>Volume on U.S. exchanges was 10.1 billion shares, compared with the 11 billion average over the last 20 trading days.</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>Wall Street ends sharply higher, led by surging Dow</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; 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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\">\nWall Street ends sharply higher, led by surging Dow\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-22 07:07 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.reuters.com/article/us-usa-stocks/wall-street-ends-sharply-higher-led-by-surging-dow-idUSKCN2DX12Z><strong>Reuters</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>(Reuters) - Wall Street rallied on Monday, with the Dow completing its strongest session in over three months as investors piled back in to energy and other sectors expected to outperform as the ...</p>\n\n<a href=\"https://www.reuters.com/article/us-usa-stocks/wall-street-ends-sharply-higher-led-by-surging-dow-idUSKCN2DX12Z\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".SPX":"S&P 500 Index","MSFT":"微软",".IXIC":"NASDAQ Composite",".DJI":"道琼斯"},"source_url":"https://www.reuters.com/article/us-usa-stocks/wall-street-ends-sharply-higher-led-by-surging-dow-idUSKCN2DX12Z","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1191349655","content_text":"(Reuters) - Wall Street rallied on Monday, with the Dow completing its strongest session in over three months as investors piled back in to energy and other sectors expected to outperform as the economy rebounds from the pandemic.\nThe small-cap Russell 2000 and the Dow Jones Transports Average, considered a barometer of economic health, both jumped about 2%.\nThe S&P 500 value index, which includes banks, energy and other economically sensitive sectors and has led gains in U.S. equities so far this year, surged 1.9%, outperforming a 0.9% rise in the growth index.\nThat was a stark reversal from last week, when the Fed’s hawkish signals on monetary policy sparked a round of profit taking that wiped out value stocks’ lead over growth this month and triggered the worst weekly performance for the Dow and the S&P 500 in months.\n“The overall theme here is the market still does not know whether it wants easy money or tight money and it’s in a tug of war,” said Randy Frederick, vice president of trading and derivatives at Charles Schwab.\nAll 11 S&P 500 sector indexes rose, with energy jumping 4.3% and leading the way, followed by financials, up 2.4%.\nMicrosoft Corp rose 1.2% to close at an all-time high.\nThe S&P 500 has traded in a tight range this month as investors juggled fears of an overheating economy with optimism about a strong economic rebound.\n(Graphic: Value vs Growth stocks, )\n\nFocus this week will be on U.S. factory activity surveys and home sales data, while Fed Chair Jerome Powell testifies before Congress on Tuesday.\nThe Dow Jones Industrial Average rose 1.76% to end at 33,876.97 points, while the S&P 500 gained 1.40% to 4,224.79. The Nasdaq Composite climbed 0.79% to 14,141.48.\nCryptocurrency stocks, including miners Riot Blockchain, Marathon Patent Group and crypto exchange Coinbase Global, tumbled between 1% and 4% on China’s expanding crackdown on bitcoin mining.\nModerna Inc rallied 4.5% after a report said the drugmaker is adding two new production lines at a COVID-19 vaccine manufacturing plant, in a bid to prepare for making more booster shots.\nMarket participants are girding for a major trading event on Friday, when the FTSE Russell completes the annual rebalancing of its indexes, potentially affecting trillions of dollars in investments.\nAdvancing issues outnumbered declining ones on the NYSE by a 2.86-to-1 ratio; on Nasdaq, a 1.44-to-1 ratio favored advancers.\nThe S&P 500 posted 20 new 52-week highs and no new lows; the Nasdaq Composite recorded 74 new highs and 55 new lows.\nVolume on U.S. exchanges was 10.1 billion shares, compared with the 11 billion average over the last 20 trading days.","news_type":1,"symbols_score_info":{".SPX":0.9,".IXIC":0.9,"MSFT":0.9,".DJI":0.9}},"isVote":1,"tweetType":1,"viewCount":747,"authorTweetTopStatus":1,"verified":2,"comments":[{"author":{"id":"3572482309404214","authorId":"3572482309404214","name":"DericPiew","avatar":"https://static.tigerbbs.com/75ccf79ff136db80eba96ff2adb91032","crmLevel":12,"crmLevelSwitch":0,"authorIdStr":"3572482309404214","idStr":"3572482309404214"},"content":"please pike back lol","text":"please pike back lol","html":"please pike back lol"}],"imageCount":0,"langContent":"EN","totalScore":0},{"id":171614586,"gmtCreate":1626741824445,"gmtModify":1703764188147,"author":{"id":"3580565594783380","authorId":"3580565594783380","name":"A79","avatar":"https://static.tigerbbs.com/e27267c412cea01bdd4a47d746ba7606","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3580565594783380","idStr":"3580565594783380"},"themes":[],"htmlText":"Niceeee","listText":"Niceeee","text":"Niceeee","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":4,"repostSize":0,"link":"https://ttm.financial/post/171614586","repostId":"2152651282","repostType":4,"repost":{"id":"2152651282","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":1626736933,"share":"https://ttm.financial/m/news/2152651282?lang=en_US&edition=fundamental","pubTime":"2021-07-20 07:22","market":"us","language":"en","title":"Biden says inflation temporary; Fed should do what it deems necessary for recovery","url":"https://stock-news.laohu8.com/highlight/detail?id=2152651282","media":"Reuters","summary":"WASHINGTON, July 19 (Reuters) - U.S. President Joe Biden on Monday said an increase in prices was ex","content":"<p>WASHINGTON, July 19 (Reuters) - U.S. President Joe Biden on Monday said an increase in prices was expected to be temporary, but his administration understood that unchecked inflation over the longer term would pose a \"real challenge\" to the economy and would remain vigilant.</p>\n<p>Biden said he told Federal Reserve Board Chair Jerome Powell recently that the Fed was independent and should take whatever steps it deems necessary to support a strong, durable recovery.</p>\n<p>\"As our economy comes roaring back, we've seen some price increases,\" Biden said, while rejecting concerns the recent increases could be a sign of persistent inflation.</p>\n<p>He said his administration was doing all it could to address supply chain bottlenecks that had pushed up the price of cars, and noted that lumber prices were now easing after spiking higher early in the recovery.</p>\n<p>\"I want to be clear: my administration understands that were we ever to experience unchecked inflation in the long term, that would pose a real challenge for our economy,\" he said. \"While we're confident that isn't what we're seeing today, we're going to remain vigilant about any response that is needed.\"</p>\n<p>Biden said he had also made that point clear to Powell: \"The Fed is independent. It should take whatever steps it deems necessary to support a strong, durable economic recovery.\"</p>\n<p>Growing concerns about inflation dragged U.S. consumer sentiment in early July to its lowest level in five months, a survey showed Friday, after a 0.9% jump in consumer prices in June, the biggest increase in 13 years, but economists continue to believe that higher inflation is transitory.</p>\n<p>The Democratic president said his plans to invest more in infrastructure, as well as better care for older people and children, would help reduce inflationary pressures in the future by boosting productivity.</p>\n<p>\"These steps will enhance our productivity, raising wages without raising prices,\" he said. \"It will take the pressure off of inflation, give a boost to our workforce which leads to lower prices in the years ahead.\"</p>\n<p>He said critics had warned repeatedly that his economic policies would lead to an end to capitalism, but economists were now predicting the United States would hit its highest economic growth rate in 40 years.</p>\n<p>\"It turns out capitalism is alive and very well,\" he said. \"We're making serious progress to ensure that it works the way it's supposed to work for the good of the American people.\"</p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; 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overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nBiden says inflation temporary; Fed should do what it deems necessary for recovery\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1036604489\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/443ce19704621c837795676028cec868);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Reuters </p>\n<p class=\"h-time\">2021-07-20 07:22</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>WASHINGTON, July 19 (Reuters) - U.S. President Joe Biden on Monday said an increase in prices was expected to be temporary, but his administration understood that unchecked inflation over the longer term would pose a \"real challenge\" to the economy and would remain vigilant.</p>\n<p>Biden said he told Federal Reserve Board Chair Jerome Powell recently that the Fed was independent and should take whatever steps it deems necessary to support a strong, durable recovery.</p>\n<p>\"As our economy comes roaring back, we've seen some price increases,\" Biden said, while rejecting concerns the recent increases could be a sign of persistent inflation.</p>\n<p>He said his administration was doing all it could to address supply chain bottlenecks that had pushed up the price of cars, and noted that lumber prices were now easing after spiking higher early in the recovery.</p>\n<p>\"I want to be clear: my administration understands that were we ever to experience unchecked inflation in the long term, that would pose a real challenge for our economy,\" he said. \"While we're confident that isn't what we're seeing today, we're going to remain vigilant about any response that is needed.\"</p>\n<p>Biden said he had also made that point clear to Powell: \"The Fed is independent. It should take whatever steps it deems necessary to support a strong, durable economic recovery.\"</p>\n<p>Growing concerns about inflation dragged U.S. consumer sentiment in early July to its lowest level in five months, a survey showed Friday, after a 0.9% jump in consumer prices in June, the biggest increase in 13 years, but economists continue to believe that higher inflation is transitory.</p>\n<p>The Democratic president said his plans to invest more in infrastructure, as well as better care for older people and children, would help reduce inflationary pressures in the future by boosting productivity.</p>\n<p>\"These steps will enhance our productivity, raising wages without raising prices,\" he said. \"It will take the pressure off of inflation, give a boost to our workforce which leads to lower prices in the years ahead.\"</p>\n<p>He said critics had warned repeatedly that his economic policies would lead to an end to capitalism, but economists were now predicting the United States would hit its highest economic growth rate in 40 years.</p>\n<p>\"It turns out capitalism is alive and very well,\" he said. \"We're making serious progress to ensure that it works the way it's supposed to work for the good of the American people.\"</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":"2152651282","content_text":"WASHINGTON, July 19 (Reuters) - U.S. President Joe Biden on Monday said an increase in prices was expected to be temporary, but his administration understood that unchecked inflation over the longer term would pose a \"real challenge\" to the economy and would remain vigilant.\nBiden said he told Federal Reserve Board Chair Jerome Powell recently that the Fed was independent and should take whatever steps it deems necessary to support a strong, durable recovery.\n\"As our economy comes roaring back, we've seen some price increases,\" Biden said, while rejecting concerns the recent increases could be a sign of persistent inflation.\nHe said his administration was doing all it could to address supply chain bottlenecks that had pushed up the price of cars, and noted that lumber prices were now easing after spiking higher early in the recovery.\n\"I want to be clear: my administration understands that were we ever to experience unchecked inflation in the long term, that would pose a real challenge for our economy,\" he said. \"While we're confident that isn't what we're seeing today, we're going to remain vigilant about any response that is needed.\"\nBiden said he had also made that point clear to Powell: \"The Fed is independent. It should take whatever steps it deems necessary to support a strong, durable economic recovery.\"\nGrowing concerns about inflation dragged U.S. consumer sentiment in early July to its lowest level in five months, a survey showed Friday, after a 0.9% jump in consumer prices in June, the biggest increase in 13 years, but economists continue to believe that higher inflation is transitory.\nThe Democratic president said his plans to invest more in infrastructure, as well as better care for older people and children, would help reduce inflationary pressures in the future by boosting productivity.\n\"These steps will enhance our productivity, raising wages without raising prices,\" he said. \"It will take the pressure off of inflation, give a boost to our workforce which leads to lower prices in the years ahead.\"\nHe said critics had warned repeatedly that his economic policies would lead to an end to capitalism, but economists were now predicting the United States would hit its highest economic growth rate in 40 years.\n\"It turns out capitalism is alive and very well,\" he said. \"We're making serious progress to ensure that it works the way it's supposed to work for the good of the American people.\"","news_type":1,"symbols_score_info":{}},"isVote":1,"tweetType":1,"viewCount":1927,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":155537888,"gmtCreate":1625444364544,"gmtModify":1703741707958,"author":{"id":"3580565594783380","authorId":"3580565594783380","name":"A79","avatar":"https://static.tigerbbs.com/e27267c412cea01bdd4a47d746ba7606","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3580565594783380","idStr":"3580565594783380"},"themes":[],"htmlText":"Please like n reply for good luck!","listText":"Please like n reply for good luck!","text":"Please like n reply for good luck!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":3,"repostSize":0,"link":"https://ttm.financial/post/155537888","repostId":"1177847846","repostType":4,"isVote":1,"tweetType":1,"viewCount":802,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"lives":[]}