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be disciplined, don't FOMO
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JR93
JR93
·
2021-06-18
[流泪]
Some Commodities Have Now Wiped Out All of Their 2021 Rally
(Bloomberg) -- For all the talk of a commodities boom, some markets have now wiped out gains for the
Some Commodities Have Now Wiped Out All of Their 2021 Rally
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JR93
JR93
·
2021-06-18
[呆住]
Red-Hot U.S. Economy Drives Global Inflation, Forcing Foreign Banks to Act
A booming U.S. economy that isdriving inflation higheraround the world and pushing up the U.S. dolla
Red-Hot U.S. Economy Drives Global Inflation, Forcing Foreign Banks to Act
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JR93
JR93
·
2021-06-17
[财迷]
非常抱歉，此主贴已删除
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JR93
JR93
·
2021-06-17
[呆住]
非常抱歉，此主贴已删除
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JR93
JR93
·
2021-06-16
[财迷]
General Motors shares surges more than 3% in moring trading
General Motors shares surges more than 3% in moring trading. General Motors said on Wednesday it wil
General Motors shares surges more than 3% in moring trading
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JR93
JR93
·
2021-06-16
Be strong and improve please, otherwise Tesla will be slack.
$Tesla Motors(TSLA)$
FSD
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JR93
JR93
·
2021-06-16
[呆住]
S&P 500 is flat near a record with all eyes on Federal Reserve’s update
U.S. stocks were mostly flat on Wednesday ahead of theFederal Reserve’s updateon monetary policy. Th
S&P 500 is flat near a record with all eyes on Federal Reserve’s update
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JR93
JR93
·
2021-06-16
SPACs without fundamental will be crash into ground one day
SPACs could stage a summer comeback
London (CNN Business) - Special-purpose acquisition companies, or SPACs, were one of the stock marke
SPACs could stage a summer comeback
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JR93
JR93
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2021-06-16
Dividends stock could be a death end too
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JR93
JR93
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2021-06-16
US market always the great investment
Odds favor the Dow being higher at the end of 2021 and 125 years of history supports this
Second half of the year tends to be strong for U.S. stocks GETTY IMAGES Odds are good that the U.S.
Odds favor the Dow being higher at the end of 2021 and 125 years of history supports this
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","listText":"[流泪] ","text":"[流泪]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":7,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/166624390","repostId":"1133723804","repostType":4,"repost":{"id":"1133723804","kind":"news","pubTimestamp":1624006285,"share":"https://www.laohu8.com/m/news/1133723804?lang=&edition=full","pubTime":"2021-06-18 16:51","market":"fut","language":"en","title":"Some Commodities Have Now Wiped Out All of Their 2021 Rally","url":"https://stock-news.laohu8.com/highlight/detail?id=1133723804","media":"Bloomberg","summary":"(Bloomberg) -- For all the talk of a commodities boom, some markets have now wiped out gains for the","content":"<p>(Bloomberg) -- For all the talk of a commodities boom, some markets have now wiped out gains for the year and several more are close to doing so.</p>\n<p>Soybean futures have erased their 2021 advance, sliding more than 20% from an eight-year high reached in May, while corn and wheat have also tumbled. The Bloomberg Grains Spot Subindex slid the most since 2009 on Thursday, before edging higher on Friday as markets recovered some losses. Other commodities that have seen their big rallies evaporate include platinum, while once-surging nickel, sugar and even lumber have faltered.</p>\n<p>The fact that some markets are falling while others -- including crude oil and tin -- are holding gains underscores how unevenly the complex is responding to economies reopening and expanding once again. While those materials have climbed on strong demand fundamentals, others face their own unique headwinds, such as an easing supply worries in soybeans and monetary policy uncertainty in the case of gold and silver.</p>\n<p>Some materials also took a hit this week on the Federal Reserve’s signals for interest-rate increases, a rising dollar and China’s efforts to slow inflation. The Asian country has said it will release metals from state reserves in a timely manner to push prices back to a normal range, ramping up efforts to cool the surge in commodities.</p>\n<p>“Risk-off is front and center thanks to the hawkish words from the Fed, which came on the back of the Chinese government-led directives over prior weeks,” said Michael Cuoco, head of hedge-fund sales for metals and bulk materials at StoneX Group. “Central-bank stimulus helped the markets gather steam in the spring of 2020, and now there is a bit of a macro reset.”</p>\n<p>Even some of the markets that are clearly benefiting from the reopening are seeing a pullback, with copper heading for its worst week in more than a year. A big backwardation in many commodities and seasonality accounts for some of the recent slump as futures contracts roll over, while improving weather is hurting prices of many agricultural products.</p>\n<p>Soybean futures in Chicago bounced more than 2% on Friday, but are still heading for a weekly loss of about 11%, the worst performance in seven years. Corn and wheat also recovered a part of Thursday’s declines.Base metals were mixed following losses on Thursday. Copper fell 0.8% on the London Metal Exchange and headed for its biggest weekly loss since March 2020. Nickel rose 0.9%. Iron ore slid 1.2% in Singapore.Precious metals rebounded, after substantial declines. Gold added 1.1%, while palladium rose about 3% after Thursday’s 11% slump.Chinese futures caught up with the overnight rout. Rapeseed and soybean oil slid, and copper and zinc dropped.</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>Some Commodities Have Now Wiped Out All of Their 2021 Rally</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\">\nSome Commodities Have Now Wiped Out All of Their 2021 Rally\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-18 16:51 GMT+8 <a href=https://finance.yahoo.com/news/amid-talk-supercycle-commodities-wipe-181326277.html><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>(Bloomberg) -- For all the talk of a commodities boom, some markets have now wiped out gains for the year and several more are close to doing so.\nSoybean futures have erased their 2021 advance, ...</p>\n\n<a href=\"https://finance.yahoo.com/news/amid-talk-supercycle-commodities-wipe-181326277.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/amid-talk-supercycle-commodities-wipe-181326277.html","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1133723804","content_text":"(Bloomberg) -- For all the talk of a commodities boom, some markets have now wiped out gains for the year and several more are close to doing so.\nSoybean futures have erased their 2021 advance, sliding more than 20% from an eight-year high reached in May, while corn and wheat have also tumbled. The Bloomberg Grains Spot Subindex slid the most since 2009 on Thursday, before edging higher on Friday as markets recovered some losses. Other commodities that have seen their big rallies evaporate include platinum, while once-surging nickel, sugar and even lumber have faltered.\nThe fact that some markets are falling while others -- including crude oil and tin -- are holding gains underscores how unevenly the complex is responding to economies reopening and expanding once again. While those materials have climbed on strong demand fundamentals, others face their own unique headwinds, such as an easing supply worries in soybeans and monetary policy uncertainty in the case of gold and silver.\nSome materials also took a hit this week on the Federal Reserve’s signals for interest-rate increases, a rising dollar and China’s efforts to slow inflation. The Asian country has said it will release metals from state reserves in a timely manner to push prices back to a normal range, ramping up efforts to cool the surge in commodities.\n“Risk-off is front and center thanks to the hawkish words from the Fed, which came on the back of the Chinese government-led directives over prior weeks,” said Michael Cuoco, head of hedge-fund sales for metals and bulk materials at StoneX Group. “Central-bank stimulus helped the markets gather steam in the spring of 2020, and now there is a bit of a macro reset.”\nEven some of the markets that are clearly benefiting from the reopening are seeing a pullback, with copper heading for its worst week in more than a year. A big backwardation in many commodities and seasonality accounts for some of the recent slump as futures contracts roll over, while improving weather is hurting prices of many agricultural products.\nSoybean futures in Chicago bounced more than 2% on Friday, but are still heading for a weekly loss of about 11%, the worst performance in seven years. Corn and wheat also recovered a part of Thursday’s declines.Base metals were mixed following losses on Thursday. Copper fell 0.8% on the London Metal Exchange and headed for its biggest weekly loss since March 2020. Nickel rose 0.9%. Iron ore slid 1.2% in Singapore.Precious metals rebounded, after substantial declines. Gold added 1.1%, while palladium rose about 3% after Thursday’s 11% slump.Chinese futures caught up with the overnight rout. Rapeseed and soybean oil slid, and copper and zinc dropped.","news_type":1},"isVote":1,"tweetType":1,"viewCount":1269,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":166626119,"gmtCreate":1624007206931,"gmtModify":1631890620407,"author":{"id":"3567160588479542","authorId":"3567160588479542","name":"JR93","avatar":"https://static.tigerbbs.com/09000967c3d6b1e608bc9e2703f4bdb1","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3567160588479542","authorIdStr":"3567160588479542"},"themes":[],"htmlText":"[呆住] ","listText":"[呆住] ","text":"[呆住]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/166626119","repostId":"1138044913","repostType":4,"repost":{"id":"1138044913","kind":"news","pubTimestamp":1624006819,"share":"https://www.laohu8.com/m/news/1138044913?lang=&edition=full","pubTime":"2021-06-18 17:00","market":"hk","language":"en","title":"Red-Hot U.S. Economy Drives Global Inflation, Forcing Foreign Banks to Act","url":"https://stock-news.laohu8.com/highlight/detail?id=1138044913","media":"wsj","summary":"A booming U.S. economy that isdriving inflation higheraround the world and pushing up the U.S. dolla","content":"<p>A booming U.S. economy that isdriving inflation higheraround the world and pushing up the U.S. dollar is pressing some central banks to increase interest rates, despite still-high levels of Covid-19 infections and incomplete economic recoveries in their own countries.</p>\n<p>The world’s central banks are hanging on how the U.S. Federal Reserve will respond to a rise in inflation, wary of being caught in the crosscurrents of an extraordinary U.S. economic expansion. Globalstock markets fellon Thursday after Fed officials signaled they expect toraise interest rates by late 2023, sooner than they anticipated in March, as the U.S. economy heats up.</p>\n<p>A global march toward higher interest rates, with the Fed at the center, risks stifling the economic recovery in some places, especially at a time when emerging-market debt has risen.</p>\n<p>The size of the U.S. economy, accounting for almost a quarter of world gross domestic product, and the importance of its financial markets have long exerted an outsize pull on global policy-making. But unusually brisk U.S. growth this year is critical to a world economy still recovering from last year’s shocks. Fed officials expect the U.S. economy to grow 7% this year, according to projections released Wednesday.</p>\n<p>Central banks in Russia, Brazil and Turkey have raised interest rates in recent weeks, in part to tamp down inflation stemming from the surge in commodities prices this year. As factories around the world strain to satisfy U.S. demand, commodities’ prices ranging from tin to copper have soared.</p>\n<p>“With all the consequences of the pandemic, the last thing these countries need now is policy tightening,” said Tamara Basic Vasiljev, an economist with Oxford Economics in London.</p>\n<p>A U.S. economic boom supports economies around the world by boosting U.S. imports and remittances. But it also drives up borrowing costs and inflation and strengthens the dollar, which tightens global financial conditions and acts as a restraint on the recovery.</p>\n<p>The pain is felt unevenly. A stronger dollarhurts emerging-market economiesthat have borrowed in dollars, while helping larger exporters in Europe and East Asia whose products become more competitive relative to U.S. exports.</p>\n<p>In advanced economies, central bankers mostly believe that the period of rising inflation will prove temporary unless consumers come to expect it to continue and demand higher wages.</p>\n<p>While central banks don’t see that happening soon, some economists think they may be surprised.</p>\n<p>“I think there is a high chance that this temporary shock to prices could become more enduring,” said Luigi Speranza, chief global economist at BNP Paribas. Mr. Speranza noted that inflation in Germany is likely to be around 4% when the next round of pay bargaining starts toward the end of this year.</p>\n<p>Central banks in Europe and Japanneed to match the Fed’s dovishnessor risk a spike in their currencies that could undermine economic recovery, economists said. The delicate dance around the Fed could come undone if inflation proves more persistent than expected, which would likely trigger a chain reaction of interest-rate increases.</p>\n<p>“To prevent the euro strengthening the [European Central Bank] would need to be similarly dovish as the Federal Reserve, which might be a struggle due to different inflation and growth dynamics,” said Elga Bartsch, head of macro research atBlackRock.</p>\n<p>Emerging-market economies often don’t have the luxury of waiting, however. Even a short burst of inflation can weigh heavily on their currencies and hurt companies’ and households’ ability to service debt that is often denominated in dollars or euros.</p>\n<p>The Fed has signaled that it will take care to avoid a repeat of the 2013 “taper tantrum,” in which central banks in developing countries were forced to respond to a sudden withdrawal of foreign investment after the U.S. central bank surprised investors by saying it was considering a reduction in its stimulus programs.</p>\n<p>“So our intention for this process is that it will be orderly, methodical, and transparent,” Federal Reserve Chairman Jerome Powell said Wednesday. “And I can just tell you, we see real value in communicating well in advance what our thinking is. And we’ll try to be clear.”</p>\n<p>But with global inflation accelerating and the Fed starting to shift course, the calculus for some central banks is changing.</p>\n<p>Brazil’s central bank unveileda third consecutive 0.75 percentage point interest rate increaseon Wednesday and signaled possible larger increases ahead, as it wrestles with inflation above 8%.</p>\n<p>The Bank of Russia has raised its benchmark rate three times this year to 5.5%, after inflation accelerated to over 6% this month, its highest level in almost five years. On Tuesday, Gov. Elvira Nabiullina said that Russia will continue raising interest rates and doesn’t expect this to hinder economic growth.</p>\n<p>“We have kept rates low for quite some time to make sure we don’t clip the wings of a recovering economy,” Ms. Nabiullina said in a speech at Russia’s lower house of parliament. “Now is the time to raise rates in response to changed circumstances and rising inflation.”</p>\n<p>Turkey’s central bank sharply increased its main interest rate to 19% in March to counter double-digit inflation and a depreciating lira. But the Turkish lira has again come under pressure in recent weeksas investors try to assess whether the central bank will heed the demandsof President Recep Tayyip Erdogan to cut rates.</p>\n<p>Recent price increases on fresh produce have raised the so-called borscht set—the vegetables needed for Russia’s beloved soup—which is a bellwether indicator for many Russians. Since the start of the year, the price of potatoes, cabbage and carrots have risen by 60% to 80%.</p>\n<p>In poor countries, a larger share of spending usually goes to essentials such as food and energy, so policy makers are quicker to tamp down on inflation when those prices rise.</p>\n<p>Central banks in Scandinavia and South Korea have signaled plans to tighten monetary policy to restrain possible asset bubbles, particularly in property. Norway’s central bank signaled Thursday that it will increase interest rates in September.</p>\n<p>Central banks in central Europe, and including Hungary and the Czech Republic, are also expected to lift rates soon. They didn’t suffer contractions on the same scale as larger European countries such as France and Spain during the pandemic, but are seeing inflation rise.</p>\n<p>Iain Stealey, chief investment officer of fixed income at JP Morgan Asset Management, said the Fed will likely manage to avoid a repeat of the “taper tantrum.”</p>\n<p>“It is a very long, slow process…it’s very difficult not to do this given upside surprises in inflation,” Mr. Stealey said.</p>\n<p>Still, there are problems with the patient approach, economists said.</p>\n<p>“This idea of letting inflation run hot…means that you’re only going to realize you have an inflation problem when you already have an inflation problem,” said Klaus Baader, chief global economist at Société Générale.</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>Red-Hot U.S. Economy Drives Global Inflation, Forcing Foreign Banks to Act</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\">\nRed-Hot U.S. Economy Drives Global Inflation, Forcing Foreign Banks to Act\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-18 17:00 GMT+8 <a href=https://www.wsj.com/articles/red-hot-u-s-economy-drives-global-inflation-forcing-foreign-banks-to-act-11623933343?mod=hp_lead_pos6><strong>wsj</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>A booming U.S. economy that isdriving inflation higheraround the world and pushing up the U.S. dollar is pressing some central banks to increase interest rates, despite still-high levels of Covid-19 ...</p>\n\n<a href=\"https://www.wsj.com/articles/red-hot-u-s-economy-drives-global-inflation-forcing-foreign-banks-to-act-11623933343?mod=hp_lead_pos6\">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"},"source_url":"https://www.wsj.com/articles/red-hot-u-s-economy-drives-global-inflation-forcing-foreign-banks-to-act-11623933343?mod=hp_lead_pos6","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1138044913","content_text":"A booming U.S. economy that isdriving inflation higheraround the world and pushing up the U.S. dollar is pressing some central banks to increase interest rates, despite still-high levels of Covid-19 infections and incomplete economic recoveries in their own countries.\nThe world’s central banks are hanging on how the U.S. Federal Reserve will respond to a rise in inflation, wary of being caught in the crosscurrents of an extraordinary U.S. economic expansion. Globalstock markets fellon Thursday after Fed officials signaled they expect toraise interest rates by late 2023, sooner than they anticipated in March, as the U.S. economy heats up.\nA global march toward higher interest rates, with the Fed at the center, risks stifling the economic recovery in some places, especially at a time when emerging-market debt has risen.\nThe size of the U.S. economy, accounting for almost a quarter of world gross domestic product, and the importance of its financial markets have long exerted an outsize pull on global policy-making. But unusually brisk U.S. growth this year is critical to a world economy still recovering from last year’s shocks. Fed officials expect the U.S. economy to grow 7% this year, according to projections released Wednesday.\nCentral banks in Russia, Brazil and Turkey have raised interest rates in recent weeks, in part to tamp down inflation stemming from the surge in commodities prices this year. As factories around the world strain to satisfy U.S. demand, commodities’ prices ranging from tin to copper have soared.\n“With all the consequences of the pandemic, the last thing these countries need now is policy tightening,” said Tamara Basic Vasiljev, an economist with Oxford Economics in London.\nA U.S. economic boom supports economies around the world by boosting U.S. imports and remittances. But it also drives up borrowing costs and inflation and strengthens the dollar, which tightens global financial conditions and acts as a restraint on the recovery.\nThe pain is felt unevenly. A stronger dollarhurts emerging-market economiesthat have borrowed in dollars, while helping larger exporters in Europe and East Asia whose products become more competitive relative to U.S. exports.\nIn advanced economies, central bankers mostly believe that the period of rising inflation will prove temporary unless consumers come to expect it to continue and demand higher wages.\nWhile central banks don’t see that happening soon, some economists think they may be surprised.\n“I think there is a high chance that this temporary shock to prices could become more enduring,” said Luigi Speranza, chief global economist at BNP Paribas. Mr. Speranza noted that inflation in Germany is likely to be around 4% when the next round of pay bargaining starts toward the end of this year.\nCentral banks in Europe and Japanneed to match the Fed’s dovishnessor risk a spike in their currencies that could undermine economic recovery, economists said. The delicate dance around the Fed could come undone if inflation proves more persistent than expected, which would likely trigger a chain reaction of interest-rate increases.\n“To prevent the euro strengthening the [European Central Bank] would need to be similarly dovish as the Federal Reserve, which might be a struggle due to different inflation and growth dynamics,” said Elga Bartsch, head of macro research atBlackRock.\nEmerging-market economies often don’t have the luxury of waiting, however. Even a short burst of inflation can weigh heavily on their currencies and hurt companies’ and households’ ability to service debt that is often denominated in dollars or euros.\nThe Fed has signaled that it will take care to avoid a repeat of the 2013 “taper tantrum,” in which central banks in developing countries were forced to respond to a sudden withdrawal of foreign investment after the U.S. central bank surprised investors by saying it was considering a reduction in its stimulus programs.\n“So our intention for this process is that it will be orderly, methodical, and transparent,” Federal Reserve Chairman Jerome Powell said Wednesday. “And I can just tell you, we see real value in communicating well in advance what our thinking is. And we’ll try to be clear.”\nBut with global inflation accelerating and the Fed starting to shift course, the calculus for some central banks is changing.\nBrazil’s central bank unveileda third consecutive 0.75 percentage point interest rate increaseon Wednesday and signaled possible larger increases ahead, as it wrestles with inflation above 8%.\nThe Bank of Russia has raised its benchmark rate three times this year to 5.5%, after inflation accelerated to over 6% this month, its highest level in almost five years. On Tuesday, Gov. Elvira Nabiullina said that Russia will continue raising interest rates and doesn’t expect this to hinder economic growth.\n“We have kept rates low for quite some time to make sure we don’t clip the wings of a recovering economy,” Ms. Nabiullina said in a speech at Russia’s lower house of parliament. “Now is the time to raise rates in response to changed circumstances and rising inflation.”\nTurkey’s central bank sharply increased its main interest rate to 19% in March to counter double-digit inflation and a depreciating lira. But the Turkish lira has again come under pressure in recent weeksas investors try to assess whether the central bank will heed the demandsof President Recep Tayyip Erdogan to cut rates.\nRecent price increases on fresh produce have raised the so-called borscht set—the vegetables needed for Russia’s beloved soup—which is a bellwether indicator for many Russians. Since the start of the year, the price of potatoes, cabbage and carrots have risen by 60% to 80%.\nIn poor countries, a larger share of spending usually goes to essentials such as food and energy, so policy makers are quicker to tamp down on inflation when those prices rise.\nCentral banks in Scandinavia and South Korea have signaled plans to tighten monetary policy to restrain possible asset bubbles, particularly in property. Norway’s central bank signaled Thursday that it will increase interest rates in September.\nCentral banks in central Europe, and including Hungary and the Czech Republic, are also expected to lift rates soon. They didn’t suffer contractions on the same scale as larger European countries such as France and Spain during the pandemic, but are seeing inflation rise.\nIain Stealey, chief investment officer of fixed income at JP Morgan Asset Management, said the Fed will likely manage to avoid a repeat of the “taper tantrum.”\n“It is a very long, slow process…it’s very difficult not to do this given upside surprises in inflation,” Mr. Stealey said.\nStill, there are problems with the patient approach, economists said.\n“This idea of letting inflation run hot…means that you’re only going to realize you have an inflation problem when you already have an inflation problem,” said Klaus Baader, chief global economist at Société Générale.","news_type":1},"isVote":1,"tweetType":1,"viewCount":1043,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":163747926,"gmtCreate":1623894780665,"gmtModify":1631890620421,"author":{"id":"3567160588479542","authorId":"3567160588479542","name":"JR93","avatar":"https://static.tigerbbs.com/09000967c3d6b1e608bc9e2703f4bdb1","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3567160588479542","authorIdStr":"3567160588479542"},"themes":[],"htmlText":"[财迷] ","listText":"[财迷] ","text":"[财迷]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":2,"repostSize":0,"link":"https://laohu8.com/post/163747926","repostId":"2143379379","repostType":4,"isVote":1,"tweetType":1,"viewCount":1087,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":163744243,"gmtCreate":1623894762882,"gmtModify":1631890620435,"author":{"id":"3567160588479542","authorId":"3567160588479542","name":"JR93","avatar":"https://static.tigerbbs.com/09000967c3d6b1e608bc9e2703f4bdb1","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3567160588479542","authorIdStr":"3567160588479542"},"themes":[],"htmlText":"[呆住] ","listText":"[呆住] ","text":"[呆住]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/163744243","repostId":"2144713861","repostType":4,"isVote":1,"tweetType":1,"viewCount":1030,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":169785727,"gmtCreate":1623851116869,"gmtModify":1631890620450,"author":{"id":"3567160588479542","authorId":"3567160588479542","name":"JR93","avatar":"https://static.tigerbbs.com/09000967c3d6b1e608bc9e2703f4bdb1","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3567160588479542","authorIdStr":"3567160588479542"},"themes":[],"htmlText":"[财迷] ","listText":"[财迷] ","text":"[财迷]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/169785727","repostId":"1138545791","repostType":4,"repost":{"id":"1138545791","kind":"news","weMediaInfo":{"introduction":"Providing stock market headlines, business news, financials and earnings ","home_visible":1,"media_name":"Tiger Newspress","id":"1079075236","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"pubTimestamp":1623850706,"share":"https://www.laohu8.com/m/news/1138545791?lang=&edition=full","pubTime":"2021-06-16 21:38","market":"us","language":"en","title":"General Motors shares surges more than 3% in moring trading","url":"https://stock-news.laohu8.com/highlight/detail?id=1138545791","media":"Tiger Newspress","summary":"General Motors shares surges more than 3% in moring trading.\nGeneral Motors said on Wednesday it wil","content":"<p>General Motors shares surges more than 3% in moring trading.</p>\n<p><img src=\"https://static.tigerbbs.com/62c4e8e4eca776efaebd98402c5b199b\" tg-width=\"801\" tg-height=\"594\" referrerpolicy=\"no-referrer\">General Motors said on Wednesday it will increase spending on electric and autonomous vehicles to $35 billion through 2025, a 30% increase from plans announced late last year. It also said it is raising its earnings guidance for the first half of the year.</p>\n<p>The additional money will be used to expand its rollout of EVs and accelerate production of its battery and fuel cell technologies, including two new U.S. battery plants in addition to two that are currently under construction.</p>\n<p>America's largest automaker is racing to catch up to EV leaderTeslaand compete for a leadership position against other well-established automakers such asVolkswagen. GM plans to sell more than 1 million EVs annually by 2025.</p>\n<p>\"We are investing aggressively in a comprehensive and highly-integrated plan to make sure that GM leads in all aspects of the transformation to a more sustainable future,\" GM CEOMary Barrasaid in a statement.</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>General Motors shares surges more than 3% in moring trading</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nGeneral Motors shares surges more than 3% in moring trading\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time\">2021-06-16 21:38</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>General Motors shares surges more than 3% in moring trading.</p>\n<p><img src=\"https://static.tigerbbs.com/62c4e8e4eca776efaebd98402c5b199b\" tg-width=\"801\" tg-height=\"594\" referrerpolicy=\"no-referrer\">General Motors said on Wednesday it will increase spending on electric and autonomous vehicles to $35 billion through 2025, a 30% increase from plans announced late last year. It also said it is raising its earnings guidance for the first half of the year.</p>\n<p>The additional money will be used to expand its rollout of EVs and accelerate production of its battery and fuel cell technologies, including two new U.S. battery plants in addition to two that are currently under construction.</p>\n<p>America's largest automaker is racing to catch up to EV leaderTeslaand compete for a leadership position against other well-established automakers such asVolkswagen. GM plans to sell more than 1 million EVs annually by 2025.</p>\n<p>\"We are investing aggressively in a comprehensive and highly-integrated plan to make sure that GM leads in all aspects of the transformation to a more sustainable future,\" GM CEOMary Barrasaid in a statement.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"GM":"通用汽车"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1138545791","content_text":"General Motors shares surges more than 3% in moring trading.\nGeneral Motors said on Wednesday it will increase spending on electric and autonomous vehicles to $35 billion through 2025, a 30% increase from plans announced late last year. It also said it is raising its earnings guidance for the first half of the year.\nThe additional money will be used to expand its rollout of EVs and accelerate production of its battery and fuel cell technologies, including two new U.S. battery plants in addition to two that are currently under construction.\nAmerica's largest automaker is racing to catch up to EV leaderTeslaand compete for a leadership position against other well-established automakers such asVolkswagen. GM plans to sell more than 1 million EVs annually by 2025.\n\"We are investing aggressively in a comprehensive and highly-integrated plan to make sure that GM leads in all aspects of the transformation to a more sustainable future,\" GM CEOMary Barrasaid in a statement.","news_type":1},"isVote":1,"tweetType":1,"viewCount":1472,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":169786892,"gmtCreate":1623851077016,"gmtModify":1631890620460,"author":{"id":"3567160588479542","authorId":"3567160588479542","name":"JR93","avatar":"https://static.tigerbbs.com/09000967c3d6b1e608bc9e2703f4bdb1","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3567160588479542","authorIdStr":"3567160588479542"},"themes":[],"htmlText":"Be strong and improve please, otherwise Tesla will be slack. <a href=\"https://laohu8.com/S/TSLA\">$Tesla Motors(TSLA)$</a>FSD","listText":"Be strong and improve please, otherwise Tesla will be slack. <a href=\"https://laohu8.com/S/TSLA\">$Tesla Motors(TSLA)$</a>FSD","text":"Be strong and improve please, otherwise Tesla will be slack. $Tesla Motors(TSLA)$FSD","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":2,"repostSize":0,"link":"https://laohu8.com/post/169786892","repostId":"2143912677","repostType":4,"isVote":1,"tweetType":1,"viewCount":476,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":169792794,"gmtCreate":1623850393618,"gmtModify":1631890620472,"author":{"id":"3567160588479542","authorId":"3567160588479542","name":"JR93","avatar":"https://static.tigerbbs.com/09000967c3d6b1e608bc9e2703f4bdb1","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3567160588479542","authorIdStr":"3567160588479542"},"themes":[],"htmlText":"[呆住] ","listText":"[呆住] ","text":"[呆住]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/169792794","repostId":"1118154026","repostType":4,"repost":{"id":"1118154026","kind":"news","weMediaInfo":{"introduction":"Providing stock market headlines, business news, financials and earnings ","home_visible":1,"media_name":"Tiger Newspress","id":"1079075236","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"pubTimestamp":1623850220,"share":"https://www.laohu8.com/m/news/1118154026?lang=&edition=full","pubTime":"2021-06-16 21:30","market":"us","language":"en","title":"S&P 500 is flat near a record with all eyes on Federal Reserve’s update","url":"https://stock-news.laohu8.com/highlight/detail?id=1118154026","media":"Tiger Newspress","summary":"U.S. stocks were mostly flat on Wednesday ahead of theFederal Reserve’s updateon monetary policy.\nTh","content":"<p>U.S. stocks were mostly flat on Wednesday ahead of theFederal Reserve’s updateon monetary policy.</p> \n<p>The Dow Jones Industrial Average traded 20 points higher. The S&P 500 inched up 0.1%, sitting just a few points below an all-time high reached in the previous session. The tech-heavy Nasdaq Composite edged up 0.2%.</p> \n<p>Large tech shares like Tesla and Nvidia were slightly lower, while shares of economic reopening plays Royal Caribbean and Carnival gained 1% each.</p> \n<p>Stocks pulled back from record levels duringTuesday’s trading session, with the S&P 500 closing 0.2% lower after hitting an all-time intraday high earlier in the day. The Dow slid nearly 100 points and the Nasdaq Composite dipped 0.7% amid weakness in shares of Big Tech.</p> \n<p>The Federal Reserve kicked off its two-day meeting on Tuesday. The central bank is not expected to make any policy moves, but it could signal that it’s beginning to think abouteasing its bond-buying policy. The Fed will also release new forecasts on Wednesday, which could indicate a possible first rate hike penciled in for 2023. Previously, Fed officials hadn’t come to a consensus for a rate hike through 2023.</p> \n<p>The Fed’s statement and forecasts will come out at 2 p.m. ET followed by a press conference by Chairman Jerome Powell 30 minutes later.</p> \n<p>The meeting comes as inflation heats up, with producer prices rising at their fastest annual rate in nearly 11 years duringMay, a report on Tuesday showed. This has prompted some, including Paul Tudor Jones, to call for the central bank to re-think its easy monetary policy.</p> \n<p>\"I still think equities are going higher,\" BlackRock global bond chief Rick Rieder said on CNBC's \"Squawk Box\" on Wednesday. \"If we don't hear anything different, then I worry a little bit about risk the system creates — you can create asset bubbles you can create leverage. We've seen markets that are a little bit concerning with literally zero spread to them for risk assets.\"</p> \n<p>The central bank has been buying $120 billion worth of bonds each month as the economy continues to recover from the coronavirus pandemic.</p> \n<p>\"The drama this week will be whether the Fed sits tight or admits that inflation is rising and that the Fed needs to tighten,\" said Brad McMillan, CIO at Commonwealth Financial Network. \"Since the Fed has a dual mandate—unemployment and inflation—that suggests it should indeed keep its focus on unemployment, rather than inflation.\"</p> \n<p>Minutes from the central bank's last meeting showed that some Fed officials said it could be appropriate to start discussing adjustments to the bond-buying program should the economy continue to recover. Economists predict that while some of these discussions could begin, concrete details will not be revealed until later this year.</p> \n<p>On Wednesday,China said it will release industrial metalsincluding copper, aluminum and zinc from its national reserves to curb commodity prices. Copper price has fallen more than 10% from its record high, dipping into correction territory on Tuesday.</p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>S&P 500 is flat near a record with all eyes on Federal Reserve’s update</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nS&P 500 is flat near a record with all eyes on Federal Reserve’s update\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time\">2021-06-16 21:30</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>U.S. stocks were mostly flat on Wednesday ahead of theFederal Reserve’s updateon monetary policy.</p> \n<p>The Dow Jones Industrial Average traded 20 points higher. The S&P 500 inched up 0.1%, sitting just a few points below an all-time high reached in the previous session. The tech-heavy Nasdaq Composite edged up 0.2%.</p> \n<p>Large tech shares like Tesla and Nvidia were slightly lower, while shares of economic reopening plays Royal Caribbean and Carnival gained 1% each.</p> \n<p>Stocks pulled back from record levels duringTuesday’s trading session, with the S&P 500 closing 0.2% lower after hitting an all-time intraday high earlier in the day. The Dow slid nearly 100 points and the Nasdaq Composite dipped 0.7% amid weakness in shares of Big Tech.</p> \n<p>The Federal Reserve kicked off its two-day meeting on Tuesday. The central bank is not expected to make any policy moves, but it could signal that it’s beginning to think abouteasing its bond-buying policy. The Fed will also release new forecasts on Wednesday, which could indicate a possible first rate hike penciled in for 2023. Previously, Fed officials hadn’t come to a consensus for a rate hike through 2023.</p> \n<p>The Fed’s statement and forecasts will come out at 2 p.m. ET followed by a press conference by Chairman Jerome Powell 30 minutes later.</p> \n<p>The meeting comes as inflation heats up, with producer prices rising at their fastest annual rate in nearly 11 years duringMay, a report on Tuesday showed. This has prompted some, including Paul Tudor Jones, to call for the central bank to re-think its easy monetary policy.</p> \n<p>\"I still think equities are going higher,\" BlackRock global bond chief Rick Rieder said on CNBC's \"Squawk Box\" on Wednesday. \"If we don't hear anything different, then I worry a little bit about risk the system creates — you can create asset bubbles you can create leverage. We've seen markets that are a little bit concerning with literally zero spread to them for risk assets.\"</p> \n<p>The central bank has been buying $120 billion worth of bonds each month as the economy continues to recover from the coronavirus pandemic.</p> \n<p>\"The drama this week will be whether the Fed sits tight or admits that inflation is rising and that the Fed needs to tighten,\" said Brad McMillan, CIO at Commonwealth Financial Network. \"Since the Fed has a dual mandate—unemployment and inflation—that suggests it should indeed keep its focus on unemployment, rather than inflation.\"</p> \n<p>Minutes from the central bank's last meeting showed that some Fed officials said it could be appropriate to start discussing adjustments to the bond-buying program should the economy continue to recover. Economists predict that while some of these discussions could begin, concrete details will not be revealed until later this year.</p> \n<p>On Wednesday,China said it will release industrial metalsincluding copper, aluminum and zinc from its national reserves to curb commodity prices. Copper price has fallen more than 10% from its record high, dipping into correction territory on Tuesday.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".IXIC":"NASDAQ Composite",".SPX":"S&P 500 Index",".DJI":"道琼斯"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1118154026","content_text":"U.S. stocks were mostly flat on Wednesday ahead of theFederal Reserve’s updateon monetary policy.\nThe Dow Jones Industrial Average traded 20 points higher. The S&P 500 inched up 0.1%, sitting just a few points below an all-time high reached in the previous session. The tech-heavy Nasdaq Composite edged up 0.2%.\nLarge tech shares like Tesla and Nvidia were slightly lower, while shares of economic reopening plays Royal Caribbean and Carnival gained 1% each.\nStocks pulled back from record levels duringTuesday’s trading session, with the S&P 500 closing 0.2% lower after hitting an all-time intraday high earlier in the day. The Dow slid nearly 100 points and the Nasdaq Composite dipped 0.7% amid weakness in shares of Big Tech.\nThe Federal Reserve kicked off its two-day meeting on Tuesday. The central bank is not expected to make any policy moves, but it could signal that it’s beginning to think abouteasing its bond-buying policy. The Fed will also release new forecasts on Wednesday, which could indicate a possible first rate hike penciled in for 2023. Previously, Fed officials hadn’t come to a consensus for a rate hike through 2023.\nThe Fed’s statement and forecasts will come out at 2 p.m. ET followed by a press conference by Chairman Jerome Powell 30 minutes later.\nThe meeting comes as inflation heats up, with producer prices rising at their fastest annual rate in nearly 11 years duringMay, a report on Tuesday showed. This has prompted some, including Paul Tudor Jones, to call for the central bank to re-think its easy monetary policy.\n\"I still think equities are going higher,\" BlackRock global bond chief Rick Rieder said on CNBC's \"Squawk Box\" on Wednesday. \"If we don't hear anything different, then I worry a little bit about risk the system creates — you can create asset bubbles you can create leverage. We've seen markets that are a little bit concerning with literally zero spread to them for risk assets.\"\nThe central bank has been buying $120 billion worth of bonds each month as the economy continues to recover from the coronavirus pandemic.\n\"The drama this week will be whether the Fed sits tight or admits that inflation is rising and that the Fed needs to tighten,\" said Brad McMillan, CIO at Commonwealth Financial Network. \"Since the Fed has a dual mandate—unemployment and inflation—that suggests it should indeed keep its focus on unemployment, rather than inflation.\"\nMinutes from the central bank's last meeting showed that some Fed officials said it could be appropriate to start discussing adjustments to the bond-buying program should the economy continue to recover. Economists predict that while some of these discussions could begin, concrete details will not be revealed until later this year.\nOn Wednesday,China said it will release industrial metalsincluding copper, aluminum and zinc from its national reserves to curb commodity prices. Copper price has fallen more than 10% from its record high, dipping into correction territory on Tuesday.","news_type":1},"isVote":1,"tweetType":1,"viewCount":1077,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":169474490,"gmtCreate":1623849667210,"gmtModify":1631883987025,"author":{"id":"3567160588479542","authorId":"3567160588479542","name":"JR93","avatar":"https://static.tigerbbs.com/09000967c3d6b1e608bc9e2703f4bdb1","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3567160588479542","authorIdStr":"3567160588479542"},"themes":[],"htmlText":"SPACs without fundamental will be crash into ground one day","listText":"SPACs without fundamental will be crash into ground one day","text":"SPACs without fundamental will be crash into ground one day","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/169474490","repostId":"1180909583","repostType":4,"repost":{"id":"1180909583","kind":"news","pubTimestamp":1623812789,"share":"https://www.laohu8.com/m/news/1180909583?lang=&edition=full","pubTime":"2021-06-16 11:06","market":"us","language":"en","title":"SPACs could stage a summer comeback","url":"https://stock-news.laohu8.com/highlight/detail?id=1180909583","media":"CNN Business","summary":"London (CNN Business) - Special-purpose acquisition companies, or SPACs, were one of the stock marke","content":"<p><b>London (CNN Business) - </b>Special-purpose acquisition companies, or SPACs, were one of the stock market's hottest trends in early 2021, drawing in billionaires, celebrities and athletes.</p>\n<p>Then, in early spring, enthusiasm began to wane, as \"blank check\" firms — which raise money from investors and then go hunting for takeover targets — started to receive greater scrutiny from lawmakers and regulators in Washington.</p>\n<p>\"I have deep concerns about the lack of transparency and accountability that is a hallmark of the SPAC process,\" Rep. Maxine Waters, the chair of the House Financial Services Committee, said at a hearing last month.</p>\n<p>But SPACs could be coming back into vogue. Nine new SPACs raised $1.4 billion last week, according to Bill Smith of Renaissance Capital, making it the busiest week since March.</p>\n<p>More data: It's clear there's been a marked slowdown. So far this quarter, just 50 new SPACs have listed globally, raising $10.9 billion, according to Dealogic data provided to CNN Business. That's compared to 304 listings that raised $98.4 billion between January and March.</p>\n<p>Activity could pick back up, however, as investors continue to hunt for creative places to park their money. According to a Bank of America survey published Tuesday, 18% of global fund managers say they are taking higher-than-normal risks, up 4 percentage points compared to the previous month.</p>\n<p>Watch this space: While there is still skepticism among some startups that merging with a SPAC is the best way to go public, there are firms willing to take this route instead of pursuing a traditional initial public offering.</p>\n<p>On Monday, online grocery shop Boxed announced it was going public in an $887 million deal with a SPAC called Seven Oaks Acquisition Corp.</p>\n<p>And last week, Vertical Aerospace, a UK electric aircraft manufacturer, said it wouldgo publicby merging with the New York SPAC Broadstone Acquisition Corp., while the banking app Dave said it would merge with a SPAC sponsored by the investment firm Victory Park Capital.</p>\n<p>Hedge fund billionaire Bill Ackman's SPAC is also said to be nearing a complex deal with Universal Music Group that would value the business at $40 billion.</p>\n<p>The success of these arrangements may dictate whether other SPACs searching for companies to take public can do so with ease.So far this quarter, there have been 63 SPAC merger announcements globally, with deal value topping $140.6 billion, according to Dealogic. That's down from 100 SPAC deals worth $227 billion in the first three months of the year.</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>SPACs could stage a summer comeback</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\">\nSPACs could stage a summer comeback\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-16 11:06 GMT+8 <a href=https://edition.cnn.com/2021/06/15/investing/premarket-stocks-trading/index.html><strong>CNN Business</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>London (CNN Business) - Special-purpose acquisition companies, or SPACs, were one of the stock market's hottest trends in early 2021, drawing in billionaires, celebrities and athletes.\nThen, in early ...</p>\n\n<a href=\"https://edition.cnn.com/2021/06/15/investing/premarket-stocks-trading/index.html\">Web 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",".DJI":"道琼斯",".IXIC":"NASDAQ Composite"},"source_url":"https://edition.cnn.com/2021/06/15/investing/premarket-stocks-trading/index.html","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1180909583","content_text":"London (CNN Business) - Special-purpose acquisition companies, or SPACs, were one of the stock market's hottest trends in early 2021, drawing in billionaires, celebrities and athletes.\nThen, in early spring, enthusiasm began to wane, as \"blank check\" firms — which raise money from investors and then go hunting for takeover targets — started to receive greater scrutiny from lawmakers and regulators in Washington.\n\"I have deep concerns about the lack of transparency and accountability that is a hallmark of the SPAC process,\" Rep. Maxine Waters, the chair of the House Financial Services Committee, said at a hearing last month.\nBut SPACs could be coming back into vogue. Nine new SPACs raised $1.4 billion last week, according to Bill Smith of Renaissance Capital, making it the busiest week since March.\nMore data: It's clear there's been a marked slowdown. So far this quarter, just 50 new SPACs have listed globally, raising $10.9 billion, according to Dealogic data provided to CNN Business. That's compared to 304 listings that raised $98.4 billion between January and March.\nActivity could pick back up, however, as investors continue to hunt for creative places to park their money. According to a Bank of America survey published Tuesday, 18% of global fund managers say they are taking higher-than-normal risks, up 4 percentage points compared to the previous month.\nWatch this space: While there is still skepticism among some startups that merging with a SPAC is the best way to go public, there are firms willing to take this route instead of pursuing a traditional initial public offering.\nOn Monday, online grocery shop Boxed announced it was going public in an $887 million deal with a SPAC called Seven Oaks Acquisition Corp.\nAnd last week, Vertical Aerospace, a UK electric aircraft manufacturer, said it wouldgo publicby merging with the New York SPAC Broadstone Acquisition Corp., while the banking app Dave said it would merge with a SPAC sponsored by the investment firm Victory Park Capital.\nHedge fund billionaire Bill Ackman's SPAC is also said to be nearing a complex deal with Universal Music Group that would value the business at $40 billion.\nThe success of these arrangements may dictate whether other SPACs searching for companies to take public can do so with ease.So far this quarter, there have been 63 SPAC merger announcements globally, with deal value topping $140.6 billion, according to Dealogic. That's down from 100 SPAC deals worth $227 billion in the first three months of the year.","news_type":1},"isVote":1,"tweetType":1,"viewCount":681,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":169475346,"gmtCreate":1623849602485,"gmtModify":1631890620484,"author":{"id":"3567160588479542","authorId":"3567160588479542","name":"JR93","avatar":"https://static.tigerbbs.com/09000967c3d6b1e608bc9e2703f4bdb1","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3567160588479542","authorIdStr":"3567160588479542"},"themes":[],"htmlText":"Dividends stock could be a death end too","listText":"Dividends stock could be a death end too","text":"Dividends stock could be a death end too","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/169475346","repostId":"2143975182","repostType":4,"isVote":1,"tweetType":1,"viewCount":691,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":169478747,"gmtCreate":1623849536089,"gmtModify":1631890620493,"author":{"id":"3567160588479542","authorId":"3567160588479542","name":"JR93","avatar":"https://static.tigerbbs.com/09000967c3d6b1e608bc9e2703f4bdb1","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3567160588479542","authorIdStr":"3567160588479542"},"themes":[],"htmlText":"US market always the great investment","listText":"US market always the great investment","text":"US market always the great investment","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/169478747","repostId":"1114934376","repostType":4,"repost":{"id":"1114934376","kind":"news","pubTimestamp":1623823279,"share":"https://www.laohu8.com/m/news/1114934376?lang=&edition=full","pubTime":"2021-06-16 14:01","market":"us","language":"en","title":"Odds favor the Dow being higher at the end of 2021 and 125 years of history supports this","url":"https://stock-news.laohu8.com/highlight/detail?id=1114934376","media":"MarketWatch","summary":"Second half of the year tends to be strong for U.S. stocks\nGETTY IMAGES\nOdds are good that the U.S. ","content":"<p>Second half of the year tends to be strong for U.S. stocks</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/fa48171959ef33c4e5ded6b6a1dac2df\" tg-width=\"1260\" tg-height=\"840\"><span>GETTY IMAGES</span></p>\n<p>Odds are good that the U.S. stock market will be higher at the end of December. Don’t get too excited; these odds have nothing to do with how strong the U.S. economy is right now or the stock market’s impressive returns so far this year. In fact, the chance of a winning second half of 2021 would be the same even if stocks were in a bear market or the economy was in recession.</p>\n<p>The reason why has to do with the stock market’s efficiency. Its level at any given point reflects all available information up to that point. For example, if on June 30 the odds were better-than-usual that stocks would be higher in six months’ time, traders would have already bid up prices to take those better odds into account. They wouldn’t wait until later in the year to up their bets.</p>\n<p>That’s also true if the odds of a higher market were worse than usual. If traders at the midyear mark knew that the market would most likely be lower in six months’ time, they would sell immediately rather than wait.</p>\n<p>The net result of their actions in both cases would that the market’s odds of rising in the second half of the year are more or less the same. Those odds are 66.9% — about two out of three — based on the Dow Jones Industrial Average back to its creation in the late 1890s.</p>\n<p>Notice from the chart below that these odds are largely the same regardless of what has happened with the Dow through mid-year. In those calendar years in which the Dow rose over the first six months, it in the second half rose 72.4% of the time. The increase from 66.9% to 72.4% is not significant at the 95% confidence level that statisticians often use when determining if a pattern is genuine.</p>\n<p><img src=\"https://static.tigerbbs.com/727712f5fc7e02a4333de6df26576024\" tg-width=\"1260\" tg-height=\"849\"></p>\n<p>Or take the first years of the presidential four-year term, which is the year we’re in now. Over the second halves of those years, the stock market has risen 64.5% of the time. That is not statistically significantly different than the odds that apply to all years.</p>\n<p>You may be disappointed that a strong first half doesn’t increase the odds of a strong second half. Yet no one complained a year ago when the identical statistical analysis suggested that there was a two-out-of-three chance the stock market would be higher at the end of 2020. Sure enough, it was: Following a 9.6% decline for the first half of last year, the Dow rose 18.6% in the second.</p>\n<p>It’s because of the market’s efficiency that a buy-and-hold strategy is so hard to beat over the long term. When you deviate from that buy-and-hold approach, you’re in effect betting that you know more and have greater insight than the collective wisdom of millions of other stock market investors. It’s not out of the question that you do, but — as history has shown numerous times — it’s a low probability bet.</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>Odds favor the Dow being higher at the end of 2021 and 125 years of history supports this</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\">\nOdds favor the Dow being higher at the end of 2021 and 125 years of history supports this\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-16 14:01 GMT+8 <a href=https://www.marketwatch.com/story/the-odds-of-the-dow-being-higher-at-the-end-of-2021-are-about-two-in-three-11623737505?mod=home-page><strong>MarketWatch</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Second half of the year tends to be strong for U.S. stocks\nGETTY IMAGES\nOdds are good that the U.S. stock market will be higher at the end of December. Don’t get too excited; these odds have nothing ...</p>\n\n<a href=\"https://www.marketwatch.com/story/the-odds-of-the-dow-being-higher-at-the-end-of-2021-are-about-two-in-three-11623737505?mod=home-page\">Web 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",".DJI":"道琼斯",".IXIC":"NASDAQ Composite"},"source_url":"https://www.marketwatch.com/story/the-odds-of-the-dow-being-higher-at-the-end-of-2021-are-about-two-in-three-11623737505?mod=home-page","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1114934376","content_text":"Second half of the year tends to be strong for U.S. stocks\nGETTY IMAGES\nOdds are good that the U.S. stock market will be higher at the end of December. Don’t get too excited; these odds have nothing to do with how strong the U.S. economy is right now or the stock market’s impressive returns so far this year. In fact, the chance of a winning second half of 2021 would be the same even if stocks were in a bear market or the economy was in recession.\nThe reason why has to do with the stock market’s efficiency. Its level at any given point reflects all available information up to that point. For example, if on June 30 the odds were better-than-usual that stocks would be higher in six months’ time, traders would have already bid up prices to take those better odds into account. They wouldn’t wait until later in the year to up their bets.\nThat’s also true if the odds of a higher market were worse than usual. If traders at the midyear mark knew that the market would most likely be lower in six months’ time, they would sell immediately rather than wait.\nThe net result of their actions in both cases would that the market’s odds of rising in the second half of the year are more or less the same. Those odds are 66.9% — about two out of three — based on the Dow Jones Industrial Average back to its creation in the late 1890s.\nNotice from the chart below that these odds are largely the same regardless of what has happened with the Dow through mid-year. In those calendar years in which the Dow rose over the first six months, it in the second half rose 72.4% of the time. The increase from 66.9% to 72.4% is not significant at the 95% confidence level that statisticians often use when determining if a pattern is genuine.\n\nOr take the first years of the presidential four-year term, which is the year we’re in now. Over the second halves of those years, the stock market has risen 64.5% of the time. That is not statistically significantly different than the odds that apply to all years.\nYou may be disappointed that a strong first half doesn’t increase the odds of a strong second half. Yet no one complained a year ago when the identical statistical analysis suggested that there was a two-out-of-three chance the stock market would be higher at the end of 2020. Sure enough, it was: Following a 9.6% decline for the first half of last year, the Dow rose 18.6% in the second.\nIt’s because of the market’s efficiency that a buy-and-hold strategy is so hard to beat over the long term. When you deviate from that buy-and-hold approach, you’re in effect betting that you know more and have greater insight than the collective wisdom of millions of other stock market investors. It’s not out of the question that you do, but — as history has shown numerous times — it’s a low probability bet.","news_type":1},"isVote":1,"tweetType":1,"viewCount":442,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"defaultTab":"posts","isTTM":false}