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LaValentine
LaValentine
·
2021-06-25
Lol
Used Truck Prices Are Exploding On Feverish Demand And Lack Of Supply
When it comes to the current state of used trucks, forget what Econ 101 teaches about supply and dem
Used Truck Prices Are Exploding On Feverish Demand And Lack Of Supply
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LaValentine
LaValentine
·
2021-06-24
$Castor Maritime, Inc.(CTRM)$
Ouch
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LaValentine
LaValentine
·
2021-06-24
$MINISO Group Holding Limited(MNSO)$
Opinions?
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LaValentine
LaValentine
·
2021-06-24
Cool
Fed’s Kaplan Sees Hike in 2022, Taper Starting Sooner
(Bloomberg) -- The U.S. economy will likely meet the Federal Reserve’s threshold for tapering its as
Fed’s Kaplan Sees Hike in 2022, Taper Starting Sooner
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LaValentine
LaValentine
·
2021-06-24
$American Water(AWK)$
What are your opinions
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333
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LaValentine
LaValentine
·
2021-06-24
$Apple(AAPL)$
doing this for promo
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LaValentine
LaValentine
·
2021-06-24
Wow
非常抱歉,此主贴已删除
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LaValentine
LaValentine
·
2021-03-06
Oversold?
Palantir plunged more than 13%
(March 5) Palantir plunged more than 13%.
Palantir plunged more than 13%
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LaValentine
LaValentine
·
2021-01-22
This should be on TSLA instead of AAPL
非常抱歉,此主贴已删除
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LaValentine
LaValentine
·
2021-01-22
$Tiger Brokers(TIGR)$
inflated or growing?
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23:13","market":"us","language":"en","title":"Used Truck Prices Are Exploding On Feverish Demand And Lack Of Supply","url":"https://stock-news.laohu8.com/highlight/detail?id=1151862709","media":"zerohedge","summary":"When it comes to the current state of used trucks, forget what Econ 101 teaches about supply and dem","content":"<p>When it comes to the current state of used trucks, forget what Econ 101 teaches about supply and demand. Rather than one impacting the other, both are driving used truck prices to a post-Great Recession peak.</p>\n<blockquote>\n <b>“On the supply side, ongoing new truck production constraints are causing many buyers to look for low-mileage used trucks as a substitute,”</b>Chris Visser, J.D. Power Valuation Services commercial vehicles senior analyst and product manager, told FreightWaves.“\n</blockquote>\n<blockquote>\n On the \n <b>demand</b>side, the \n <b>freight markets are still red-hot,</b>encouraging truckers to upgrade to newer iron.”\n</blockquote>\n<p>Preliminary used Class 8 truck volumes by the same dealers dropped 14% in May compared to April. But they were 46% higher in May than the pandemic-influenced month a year earlier, according to ACT Research.</p>\n<p>“U.S. GDP is forecast to hit nearly 7% in 2021, freight volumes are through the roof, and freight rates are just now starting to pull back from record highs,” ACT Vice President Steve Tam said.</p>\n<p><u><b>Struggling to keep up</b></u></p>\n<p>New truck production, beset by shortages of microchips that power critical vehicle functions, and through-the-roof commodity prices, is only beginning to recover but manufacturers are having difficulties hiring enough workers.</p>\n<p>“It is in the context of this strong market that new truck production is struggling to keep up with strong demand and limiting the used truck market from realizing its full potential,” Tam said. “By all indications, demand continues to outpace supply, and for that reason, it should come as no surprise that truck prices continue to increase.”</p>\n<p><u><b>Appreciation across the board</b></u></p>\n<p>J.D. Power reported that trucks in most segments appreciated in May with Class 8 auction pricing up 11.9% over April. Retail pricing was up 7.1% month over month.</p>\n<p><img src=\"https://static.tigerbbs.com/18f3c7b9d3f32cfca89702e93de6811a\" tg-width=\"500\" tg-height=\"166\" referrerpolicy=\"no-referrer\"></p>\n<p>The newest available sleeper tractors are bringing pricing at or above the highest peak months in the post-Great Recession period, Visser said.</p>\n<blockquote>\n <i>“We expect late-model pricing in June to clearly surpass the highest months in the post-Great Recession period.”</i> - Chris Visser, J.D. Power Valuation Services commercial vehicles senior analyst and product manager\n</blockquote>\n<p>The average sleeper tractor retailed in May was 71 months old, had 416,232 miles and brought $63,518. Compared to May 2020, this average sleeper was four months older, had 45,606, or 9.9% fewer miles, and brought $23,285 or 57.9% more money.</p>\n<p>All used Class 8 sleepers from 2016 to 2020 model years commanded higher prices in May. Model year 2020 led the way with a 9.6% higher price than in April.</p>\n<p><u><b>Highest prices since Great Recession</b></u></p>\n<p>“We expect late-model pricing in June to clearly surpass the highest months in the post-Great Recession period,” Visser said. “In times like this it’s easier to justify the expense of a newer truck if it means better reliability and fuel economy and possibly a warranty.”</p>\n<p>Retail traffic pulled back as inventory was hard to come by. Dealers sold an average of 5.2 trucks per store in May, 0.4 fewer than in April. Year over year, the first five months of 2021 generated 1.6 more truck sales per dealership than during the same period of 2020.</p>\n<p>“We expect traffic to remain relatively solid in the summer,” Visser said.</p>\n<p>Looking ahead, he said, most trucks should see mild-to-moderate retail appreciation into the third quarter before moving lower later in the year as the supply chain rebalances and trucks become more available.</p>\n<p>Scant availability typical for a cyclical lower period for trade-ins is causing moderate swings in average monthly prices of Power’s benchmark group of 4- to 6-year-old trucks.</p>\n<p>“We have not seen any letup in actual pricing since the run-up began last year,” Visser said. “Compared to the first five months of 2020, this group is running 80.3% ahead. It’s no surprise that 2021 would perform much better than 2020, but our benchmark group is also bringing by far the highest pricing in the six years we’ve been tracking it.”</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>Used Truck Prices Are Exploding On Feverish Demand And Lack Of Supply</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\">\nUsed Truck Prices Are Exploding On Feverish Demand And Lack Of Supply\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-24 23:13 GMT+8 <a href=https://www.zerohedge.com/markets/used-truck-prices-are-exploding-feverish-demand-and-lack-supply><strong>zerohedge</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>When it comes to the current state of used trucks, forget what Econ 101 teaches about supply and demand. Rather than one impacting the other, both are driving used truck prices to a post-Great ...</p>\n\n<a href=\"https://www.zerohedge.com/markets/used-truck-prices-are-exploding-feverish-demand-and-lack-supply\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".DJI":"道琼斯","SPY":"标普500ETF",".IXIC":"NASDAQ Composite",".SPX":"S&P 500 Index"},"source_url":"https://www.zerohedge.com/markets/used-truck-prices-are-exploding-feverish-demand-and-lack-supply","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1151862709","content_text":"When it comes to the current state of used trucks, forget what Econ 101 teaches about supply and demand. Rather than one impacting the other, both are driving used truck prices to a post-Great Recession peak.\n\n“On the supply side, ongoing new truck production constraints are causing many buyers to look for low-mileage used trucks as a substitute,”Chris Visser, J.D. Power Valuation Services commercial vehicles senior analyst and product manager, told FreightWaves.“\n\n\n On the \n demandside, the \n freight markets are still red-hot,encouraging truckers to upgrade to newer iron.”\n\nPreliminary used Class 8 truck volumes by the same dealers dropped 14% in May compared to April. But they were 46% higher in May than the pandemic-influenced month a year earlier, according to ACT Research.\n“U.S. GDP is forecast to hit nearly 7% in 2021, freight volumes are through the roof, and freight rates are just now starting to pull back from record highs,” ACT Vice President Steve Tam said.\nStruggling to keep up\nNew truck production, beset by shortages of microchips that power critical vehicle functions, and through-the-roof commodity prices, is only beginning to recover but manufacturers are having difficulties hiring enough workers.\n“It is in the context of this strong market that new truck production is struggling to keep up with strong demand and limiting the used truck market from realizing its full potential,” Tam said. “By all indications, demand continues to outpace supply, and for that reason, it should come as no surprise that truck prices continue to increase.”\nAppreciation across the board\nJ.D. Power reported that trucks in most segments appreciated in May with Class 8 auction pricing up 11.9% over April. Retail pricing was up 7.1% month over month.\n\nThe newest available sleeper tractors are bringing pricing at or above the highest peak months in the post-Great Recession period, Visser said.\n\n“We expect late-model pricing in June to clearly surpass the highest months in the post-Great Recession period.” - Chris Visser, J.D. Power Valuation Services commercial vehicles senior analyst and product manager\n\nThe average sleeper tractor retailed in May was 71 months old, had 416,232 miles and brought $63,518. Compared to May 2020, this average sleeper was four months older, had 45,606, or 9.9% fewer miles, and brought $23,285 or 57.9% more money.\nAll used Class 8 sleepers from 2016 to 2020 model years commanded higher prices in May. Model year 2020 led the way with a 9.6% higher price than in April.\nHighest prices since Great Recession\n“We expect late-model pricing in June to clearly surpass the highest months in the post-Great Recession period,” Visser said. “In times like this it’s easier to justify the expense of a newer truck if it means better reliability and fuel economy and possibly a warranty.”\nRetail traffic pulled back as inventory was hard to come by. Dealers sold an average of 5.2 trucks per store in May, 0.4 fewer than in April. Year over year, the first five months of 2021 generated 1.6 more truck sales per dealership than during the same period of 2020.\n“We expect traffic to remain relatively solid in the summer,” Visser said.\nLooking ahead, he said, most trucks should see mild-to-moderate retail appreciation into the third quarter before moving lower later in the year as the supply chain rebalances and trucks become more available.\nScant availability typical for a cyclical lower period for trade-ins is causing moderate swings in average monthly prices of Power’s benchmark group of 4- to 6-year-old trucks.\n“We have not seen any letup in actual pricing since the run-up began last year,” Visser said. “Compared to the first five months of 2020, this group is running 80.3% ahead. It’s no surprise that 2021 would perform much better than 2020, but our benchmark group is also bringing by far the highest pricing in the six years we’ve been tracking it.”","news_type":1},"isVote":1,"tweetType":1,"viewCount":369,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":128901847,"gmtCreate":1624497007689,"gmtModify":1631886063349,"author":{"id":"3559257051401231","authorId":"3559257051401231","name":"LaValentine","avatar":"https://static.tigerbbs.com/dc51b48067258dfd609ede216f12d0fd","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3559257051401231","authorIdStr":"3559257051401231"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/CTRM\">$Castor Maritime, Inc.(CTRM)$</a>Ouch","listText":"<a href=\"https://laohu8.com/S/CTRM\">$Castor Maritime, Inc.(CTRM)$</a>Ouch","text":"$Castor Maritime, Inc.(CTRM)$Ouch","images":[{"img":"https://static.tigerbbs.com/a26acae5838755dd8dfbf182fd2ec059","width":"1242","height":"2151"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/128901847","isVote":1,"tweetType":1,"viewCount":532,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":128903332,"gmtCreate":1624496976326,"gmtModify":1631888837286,"author":{"id":"3559257051401231","authorId":"3559257051401231","name":"LaValentine","avatar":"https://static.tigerbbs.com/dc51b48067258dfd609ede216f12d0fd","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3559257051401231","authorIdStr":"3559257051401231"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/MNSO\">$MINISO Group Holding Limited(MNSO)$</a>Opinions?","listText":"<a href=\"https://laohu8.com/S/MNSO\">$MINISO Group Holding Limited(MNSO)$</a>Opinions?","text":"$MINISO Group Holding Limited(MNSO)$Opinions?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/128903332","isVote":1,"tweetType":1,"viewCount":690,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":128048644,"gmtCreate":1624496406388,"gmtModify":1634005305705,"author":{"id":"3559257051401231","authorId":"3559257051401231","name":"LaValentine","avatar":"https://static.tigerbbs.com/dc51b48067258dfd609ede216f12d0fd","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3559257051401231","authorIdStr":"3559257051401231"},"themes":[],"htmlText":"Cool","listText":"Cool","text":"Cool","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/128048644","repostId":"1123789211","repostType":4,"repost":{"id":"1123789211","kind":"news","pubTimestamp":1624495583,"share":"https://www.laohu8.com/m/news/1123789211?lang=&edition=full","pubTime":"2021-06-24 08:46","market":"us","language":"en","title":"Fed’s Kaplan Sees Hike in 2022, Taper Starting Sooner","url":"https://stock-news.laohu8.com/highlight/detail?id=1123789211","media":"finance.yahoo","summary":"(Bloomberg) -- The U.S. economy will likely meet the Federal Reserve’s threshold for tapering its as","content":"<p>(Bloomberg) -- The U.S. economy will likely meet the Federal Reserve’s threshold for tapering its asset purchases sooner than people think, said Dallas Fed President Robert Kaplan, who has penciled in an interest-rate increase next year.</p>\n<p>“As we make substantial further progress, which I think will happen sooner than people expect -- sooner rather than later -- and we’re weathering the pandemic, I think we’d be far better off, from a risk-management point of view, beginning to adjust these purchases of Treasuries and mortgage-backed securities,” Kaplan said Wednesday in an interview with Bloomberg News.</p>\n<p>Kaplan says he’s forecasting rate liftoff in 2022 from its current setting near zero, as inflation surpasses the central bank’s 2% goal this year and next and unemployment dips below 4%. He declined to elaborate on his 2023 rate projection.</p>\n<p>Fed officials moved up their rate estimates at the June Federal Open Market Committee meeting. The so-called dot plot, a graphical representation of each participant’s rate forecast, showed the median projection calling for two rate increases in 2023, versus none in March. While the median for next year still indicated no rate hike, seven of the 18 participants penciled in liftoff then.</p>\n<p>Kaplan is joined in publicly declaring his 2022 liftoff projection by Atlanta Fed President Raphael Bostic and James Bullard, head of the St. Louis Fed.</p>\n<p>Fed Chair Jerome Powell, in a press conference following the meeting, indicated that policy makers would start talking about tapering the $120 billion of monthly asset purchases at upcoming meetings. Starting the process sooner would leave officials with more flexibility on future rate increases, Kaplan argued.</p>\n<p>“If we do these purchases longer than might be necessary, for me it actually may reduce our flexibility in adjusting rates,” Kaplan said. “I’d rather start tapering, assuming we meet our conditions, sooner rather than later so that we have more flexibility in deciding what we want to do on rates down the road.”</p>\n<p>Kaplan sees inflation of 3.4% this year and 2.4% next year. While some price pressures will moderate over the next six months, others may represent longer-term trends. Demand for semiconductors, for example, is likely to increase further as the transition to sustainable energy sources intensifies.</p>\n<p>But the current data environment, with swings that have been difficult for economists to accurately forecast, requires a “healthy dose of humility,” Kaplan said, echoing comments made by Powell last week.</p>\n<p>Market participants saw the Fed’s more hawkish interest-rate forecasts as a way for the central bank to reaffirm its commitment to stable prices following two months of higher readings.</p>\n<p>“I think it’s a good thing for the Fed to emphasize that we’re vigilant and we’re committed to anchoring inflation at an average of 2% and that we’re committed to anchoring inflation expectations in a manner that’s consistent with 2% inflation,” Kaplan said. “I think just emphasizing that is probably a healthy thing.”</p>\n<p>The moves in Treasury markets following the Fed’s June meeting, with investors buying longer-dated debt instead of short-term bills, may take a few more weeks to wash out, Kaplan said.</p>\n<p>While noting that a number of people have dropped out of the labor force due to early retirement, Kaplan is optimistic that the participation rate of workers aged 25 to 54 will improve, especially as schools reopen to in-person learning and women, who left the workforce in disproportionate numbers during the pandemic, return to work.</p>\n<p>The U.S. labor market needs a “relentless,” multi-year effort in more widespread skills training, increased early-childhood education and access to wi-fi to create better long-term workforce trends, Kaplan said.</p>\n<p>“If your workforce growth is slowing or decelerating, you’ve got to try to improve worker adaptability and improve productivity, and education has got to be central to that,” Kaplan said.</p>","source":"lsy1612507957220","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>Fed’s Kaplan Sees Hike in 2022, Taper Starting Sooner</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\">\nFed’s Kaplan Sees Hike in 2022, Taper Starting Sooner\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-24 08:46 GMT+8 <a href=https://finance.yahoo.com/news/fed-kaplan-sees-hike-2022-193617178.html><strong>finance.yahoo</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>(Bloomberg) -- The U.S. economy will likely meet the Federal Reserve’s threshold for tapering its asset purchases sooner than people think, said Dallas Fed President Robert Kaplan, who has penciled in...</p>\n\n<a href=\"https://finance.yahoo.com/news/fed-kaplan-sees-hike-2022-193617178.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"https://finance.yahoo.com/news/fed-kaplan-sees-hike-2022-193617178.html","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1123789211","content_text":"(Bloomberg) -- The U.S. economy will likely meet the Federal Reserve’s threshold for tapering its asset purchases sooner than people think, said Dallas Fed President Robert Kaplan, who has penciled in an interest-rate increase next year.\n“As we make substantial further progress, which I think will happen sooner than people expect -- sooner rather than later -- and we’re weathering the pandemic, I think we’d be far better off, from a risk-management point of view, beginning to adjust these purchases of Treasuries and mortgage-backed securities,” Kaplan said Wednesday in an interview with Bloomberg News.\nKaplan says he’s forecasting rate liftoff in 2022 from its current setting near zero, as inflation surpasses the central bank’s 2% goal this year and next and unemployment dips below 4%. He declined to elaborate on his 2023 rate projection.\nFed officials moved up their rate estimates at the June Federal Open Market Committee meeting. The so-called dot plot, a graphical representation of each participant’s rate forecast, showed the median projection calling for two rate increases in 2023, versus none in March. While the median for next year still indicated no rate hike, seven of the 18 participants penciled in liftoff then.\nKaplan is joined in publicly declaring his 2022 liftoff projection by Atlanta Fed President Raphael Bostic and James Bullard, head of the St. Louis Fed.\nFed Chair Jerome Powell, in a press conference following the meeting, indicated that policy makers would start talking about tapering the $120 billion of monthly asset purchases at upcoming meetings. Starting the process sooner would leave officials with more flexibility on future rate increases, Kaplan argued.\n“If we do these purchases longer than might be necessary, for me it actually may reduce our flexibility in adjusting rates,” Kaplan said. “I’d rather start tapering, assuming we meet our conditions, sooner rather than later so that we have more flexibility in deciding what we want to do on rates down the road.”\nKaplan sees inflation of 3.4% this year and 2.4% next year. While some price pressures will moderate over the next six months, others may represent longer-term trends. Demand for semiconductors, for example, is likely to increase further as the transition to sustainable energy sources intensifies.\nBut the current data environment, with swings that have been difficult for economists to accurately forecast, requires a “healthy dose of humility,” Kaplan said, echoing comments made by Powell last week.\nMarket participants saw the Fed’s more hawkish interest-rate forecasts as a way for the central bank to reaffirm its commitment to stable prices following two months of higher readings.\n“I think it’s a good thing for the Fed to emphasize that we’re vigilant and we’re committed to anchoring inflation at an average of 2% and that we’re committed to anchoring inflation expectations in a manner that’s consistent with 2% inflation,” Kaplan said. “I think just emphasizing that is probably a healthy thing.”\nThe moves in Treasury markets following the Fed’s June meeting, with investors buying longer-dated debt instead of short-term bills, may take a few more weeks to wash out, Kaplan said.\nWhile noting that a number of people have dropped out of the labor force due to early retirement, Kaplan is optimistic that the participation rate of workers aged 25 to 54 will improve, especially as schools reopen to in-person learning and women, who left the workforce in disproportionate numbers during the pandemic, return to work.\nThe U.S. labor market needs a “relentless,” multi-year effort in more widespread skills training, increased early-childhood education and access to wi-fi to create better long-term workforce trends, Kaplan said.\n“If your workforce growth is slowing or decelerating, you’ve got to try to improve worker adaptability and improve productivity, and education has got to be central to that,” Kaplan said.","news_type":1},"isVote":1,"tweetType":1,"viewCount":572,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":128057851,"gmtCreate":1624496254873,"gmtModify":1631892300713,"author":{"id":"3559257051401231","authorId":"3559257051401231","name":"LaValentine","avatar":"https://static.tigerbbs.com/dc51b48067258dfd609ede216f12d0fd","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3559257051401231","authorIdStr":"3559257051401231"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/AWK\">$American Water(AWK)$</a>What are your opinions","listText":"<a href=\"https://laohu8.com/S/AWK\">$American Water(AWK)$</a>What are your opinions","text":"$American Water(AWK)$What are your opinions","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/128057851","isVote":1,"tweetType":1,"viewCount":333,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":128052973,"gmtCreate":1624496144292,"gmtModify":1634005312651,"author":{"id":"3559257051401231","authorId":"3559257051401231","name":"LaValentine","avatar":"https://static.tigerbbs.com/dc51b48067258dfd609ede216f12d0fd","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3559257051401231","authorIdStr":"3559257051401231"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/AAPL\">$Apple(AAPL)$</a>doing this for promo","listText":"<a href=\"https://laohu8.com/S/AAPL\">$Apple(AAPL)$</a>doing this for promo","text":"$Apple(AAPL)$doing this for promo","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/128052973","isVote":1,"tweetType":1,"viewCount":379,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":128051776,"gmtCreate":1624496108395,"gmtModify":1634005314416,"author":{"id":"3559257051401231","authorId":"3559257051401231","name":"LaValentine","avatar":"https://static.tigerbbs.com/dc51b48067258dfd609ede216f12d0fd","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3559257051401231","authorIdStr":"3559257051401231"},"themes":[],"htmlText":"Wow","listText":"Wow","text":"Wow","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/128051776","repostId":"2145156570","repostType":4,"isVote":1,"tweetType":1,"viewCount":297,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":367745338,"gmtCreate":1614982561724,"gmtModify":1703483887061,"author":{"id":"3559257051401231","authorId":"3559257051401231","name":"LaValentine","avatar":"https://static.tigerbbs.com/dc51b48067258dfd609ede216f12d0fd","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3559257051401231","authorIdStr":"3559257051401231"},"themes":[],"htmlText":"Oversold?","listText":"Oversold?","text":"Oversold?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/367745338","repostId":"1169596583","repostType":4,"repost":{"id":"1169596583","kind":"news","weMediaInfo":{"introduction":"为用户提供金融资讯、行情、数据,旨在帮助投资者理解世界,做投资决策。","home_visible":1,"media_name":"老虎资讯综合","id":"102","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"pubTimestamp":1614958557,"share":"https://www.laohu8.com/m/news/1169596583?lang=&edition=full","pubTime":"2021-03-05 23:35","market":"us","language":"en","title":"Palantir plunged more than 13%","url":"https://stock-news.laohu8.com/highlight/detail?id=1169596583","media":"老虎资讯综合","summary":"(March 5) Palantir plunged more than 13%.","content":"<p>(March 5) Palantir plunged more than 13%.</p><p><img src=\"https://static.tigerbbs.com/13f756ec57cca85c31b6be070941d7c1\" tg-width=\"1059\" tg-height=\"499\" referrerpolicy=\"no-referrer\"></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>Palantir plunged more than 13%</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\">\nPalantir plunged more than 13%\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/102\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">老虎资讯综合 </p>\n<p class=\"h-time\">2021-03-05 23:35</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>(March 5) Palantir plunged more than 13%.</p><p><img src=\"https://static.tigerbbs.com/13f756ec57cca85c31b6be070941d7c1\" tg-width=\"1059\" tg-height=\"499\" referrerpolicy=\"no-referrer\"></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":"1169596583","content_text":"(March 5) Palantir plunged more than 13%.","news_type":1},"isVote":1,"tweetType":1,"viewCount":426,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":310805354,"gmtCreate":1611298823678,"gmtModify":1703749511755,"author":{"id":"3559257051401231","authorId":"3559257051401231","name":"LaValentine","avatar":"https://static.tigerbbs.com/dc51b48067258dfd609ede216f12d0fd","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3559257051401231","authorIdStr":"3559257051401231"},"themes":[],"htmlText":"This should be on TSLA instead of AAPL","listText":"This should be on TSLA instead of AAPL","text":"This should be on TSLA instead of AAPL","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/310805354","repostId":"2105451899","repostType":2,"isVote":1,"tweetType":1,"viewCount":465,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":310802269,"gmtCreate":1611298687051,"gmtModify":1703749510370,"author":{"id":"3559257051401231","authorId":"3559257051401231","name":"LaValentine","avatar":"https://static.tigerbbs.com/dc51b48067258dfd609ede216f12d0fd","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3559257051401231","authorIdStr":"3559257051401231"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/TIGR\">$Tiger Brokers(TIGR)$</a>inflated or growing? ","listText":"<a href=\"https://laohu8.com/S/TIGR\">$Tiger Brokers(TIGR)$</a>inflated or growing? ","text":"$Tiger Brokers(TIGR)$inflated or growing?","images":[{"img":"https://static.tigerbbs.com/e74fd9292c2148a141cb22c04bd5f476","width":"1125","height":"3114"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":2,"repostSize":0,"link":"https://laohu8.com/post/310802269","isVote":1,"tweetType":1,"viewCount":1208,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0}],"defaultTab":"posts","isTTM":false}