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- ZanetaghxZanetaghx
  ·2021-12-09
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- ZanetaghxZanetaghx
  ·2021-11-11
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- ZanetaghxZanetaghx
  ·2021-11-11
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  Here's How Much Ford And Amazon Made On Rivian's Stock Debut
  Electric vehicle startup Rivian Automotive Inc’s blockbuster trading debut on Wednesday is estimated
  Here's How Much Ford And Amazon Made On Rivian's Stock Debut
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- ZanetaghxZanetaghx
  ·2021-11-05
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  JPMorgan to Lead Refinancing of Trump-Backed Vornado Skyscraper
  $Vornado Realty Trust(VNO-N)$ turned to JPMorgan Chase & Co. and other banks to refinance debt on a
  JPMorgan to Lead Refinancing of Trump-Backed Vornado Skyscraper
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- ZanetaghxZanetaghx
  ·2021-11-04
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  He predicted Dow 36,000 in 1999. Now, it's finally here
  London (CNN Business)Journalist James Glassman and economist Kevin Hassett wrote in late 1999 that t
  He predicted Dow 36,000 in 1999. Now, it's finally here
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- ZanetaghxZanetaghx
  ·2021-11-03
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- ZanetaghxZanetaghx
  ·2021-08-29
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- ZanetaghxZanetaghx
  ·2021-08-28
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- ZanetaghxZanetaghx
  ·2021-07-26
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- ZanetaghxZanetaghx
  ·2021-07-25
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like!","listText":"Please like!","text":"Please like!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/870517564","repostId":"1156105707","repostType":4,"repost":{"id":"1156105707","kind":"news","pubTimestamp":1636633193,"share":"https://www.laohu8.com/m/news/1156105707?lang=&edition=full","pubTime":"2021-11-11 20:19","market":"us","language":"en","title":"Here's How Much Ford And Amazon Made On Rivian's Stock Debut","url":"https://stock-news.laohu8.com/highlight/detail?id=1156105707","media":"Benzinga","summary":"Electric vehicle startup Rivian Automotive Inc’s blockbuster trading debut on Wednesday is estimated","content":"<p>Electric vehicle startup&nbsp;<b>Rivian Automotive Inc’s</b>&nbsp;blockbuster trading debut on Wednesday is estimated to have fetched early investors<b>Amazon.com Inc</b>&nbsp;and&nbsp;<b>Ford Motor Co</b>&nbsp;massive sums.</p>\n<p><b>What Happened:</b>Both Ford and Amazon invested in Rivian in 2019 and owned about 13% and 20% in the electric vehicle maker leading up to the initial&nbsp;public offering.</p>\n<p><b>Ford bought Rivian shares at an estimated $820 million in Rivian in equity and through convertible notes, according to the EV maker’s initial public offering. Amazon had invested $1.345 billion in Rivian.</b></p>\n<p><b>These investments were worth $10 billion and $16 billion, respectively, based on Rivian stock’s closing price on Wednesday.</b></p>\n<p><b>Sky-high Valuation:</b>Rivian has&nbsp;delivered 156 R1T vehicles and made about 180 units as of October. The RJ Scaringe-led Rivian is looking to ramp up production and reportedly aims to launch more electric models and build at least 1 million electric cars before 2030. In spite of being at a nascent stage in terms of production, Rivian valuation surpassed $100 billion on first day of trading.</p>\n<p>In comparison, legacy automaker Ford and&nbsp;<b>General Motors Co</b>— which are both&nbsp;spending billions&nbsp;of dollars to&nbsp;switch to a fuller electric vehicle&nbsp;portfolio — have lower valuations.</p>\n<p>GM ended the day with a $86 billion market cap, higher than Ford’s $77 billion.</p>\n<p>Rivian scored a compliment from Ford CEO Jim Farley on the blockbuster IPO.</p>\n<p>Rivian&nbsp;has a manufacturing plant in Normal, Illinois with an annual capacity of 150,000 electric vehicles. The&nbsp;<b>Tesla Inc</b>&nbsp;rival has revealed plans for a second U.S. plant in Texas where it could spend above&nbsp;$5 billion.</p>\n<p>Electric vehicle market leader Tesla has raced ahead with its popular Model 3 and Model Y vehicles and continues to ramp up capacity with giga factories across the world. The&nbsp;<b>Elon Musk</b>-led company recently hit a $1 trillion market cap after delivering record third quarter deliveries.</p>\n<p><b>Price Action:</b>Ford shares closed 3.78% lower at $19.36 a share and GM shares closed 1.11% higher at $59.27 a share on Wednesday. Amazon shares closed 2.63% lower at $3,482.05 a share and Tesla shares closed 4.34% higher at $1,067.95 a share.</p>","source":"lsy1606299360108","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>Here's How Much Ford And Amazon Made On Rivian's Stock Debut</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nHere's How Much Ford And Amazon Made On Rivian's Stock Debut\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-11-11 20:19 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.benzinga.com/news/21/11/24035454/heres-how-much-ford-and-amazon-made-on-rivians-stock-debut><strong>Benzinga</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Electric vehicle startup Rivian Automotive Inc’s blockbuster trading debut on Wednesday is estimated to have fetched early investorsAmazon.com Inc and Ford Motor Co massive sums.\nWhat Happened:Both ...</p>\n\n<a href=\"https://www.benzinga.com/news/21/11/24035454/heres-how-much-ford-and-amazon-made-on-rivians-stock-debut\">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://www.benzinga.com/news/21/11/24035454/heres-how-much-ford-and-amazon-made-on-rivians-stock-debut","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1156105707","content_text":"Electric vehicle startup Rivian Automotive Inc’s blockbuster trading debut on Wednesday is estimated to have fetched early investorsAmazon.com Inc and Ford Motor Co massive sums.\nWhat Happened:Both Ford and Amazon invested in Rivian in 2019 and owned about 13% and 20% in the electric vehicle maker leading up to the initial public offering.\nFord bought Rivian shares at an estimated $820 million in Rivian in equity and through convertible notes, according to the EV maker’s initial public offering. Amazon had invested $1.345 billion in Rivian.\nThese investments were worth $10 billion and $16 billion, respectively, based on Rivian stock’s closing price on Wednesday.\nSky-high Valuation:Rivian has delivered 156 R1T vehicles and made about 180 units as of October. The RJ Scaringe-led Rivian is looking to ramp up production and reportedly aims to launch more electric models and build at least 1 million electric cars before 2030. In spite of being at a nascent stage in terms of production, Rivian valuation surpassed $100 billion on first day of trading.\nIn comparison, legacy automaker Ford and General Motors Co— which are both spending billions of dollars to switch to a fuller electric vehicle portfolio — have lower valuations.\nGM ended the day with a $86 billion market cap, higher than Ford’s $77 billion.\nRivian scored a compliment from Ford CEO Jim Farley on the blockbuster IPO.\nRivian has a manufacturing plant in Normal, Illinois with an annual capacity of 150,000 electric vehicles. The Tesla Inc rival has revealed plans for a second U.S. plant in Texas where it could spend above $5 billion.\nElectric vehicle market leader Tesla has raced ahead with its popular Model 3 and Model Y vehicles and continues to ramp up capacity with giga factories across the world. The Elon Musk-led company recently hit a $1 trillion market cap after delivering record third quarter deliveries.\nPrice Action:Ford shares closed 3.78% lower at $19.36 a share and GM shares closed 1.11% higher at $59.27 a share on Wednesday. Amazon shares closed 2.63% lower at $3,482.05 a share and Tesla shares closed 4.34% higher at $1,067.95 a share.","news_type":1},"isVote":1,"tweetType":1,"viewCount":980,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":846576431,"gmtCreate":1636100889932,"gmtModify":1636101829001,"author":{"id":"3572924792782965","authorId":"3572924792782965","name":"Zanetaghx","avatar":"https://static.tigerbbs.com/00c8d7266d0f1b04eec7f35954d54324","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3572924792782965","authorIdStr":"3572924792782965"},"themes":[],"htmlText":"H","listText":"H","text":"H","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/846576431","repostId":"2181715940","repostType":4,"repost":{"id":"2181715940","kind":"news","pubTimestamp":1636100290,"share":"https://www.laohu8.com/m/news/2181715940?lang=&edition=full","pubTime":"2021-11-05 16:18","market":"us","language":"en","title":"JPMorgan to Lead Refinancing of Trump-Backed Vornado Skyscraper","url":"https://stock-news.laohu8.com/highlight/detail?id=2181715940","media":"Bloomberg","summary":"$Vornado Realty Trust(VNO-N)$ turned to JPMorgan Chase & Co. and other banks to refinance debt on a ","content":"<p>$Vornado Realty Trust(VNO-N)$ turned to JPMorgan Chase &amp; Co. and other banks to refinance debt on a New York skyscraper it owns with former president Donald Trump.</p>\n<p>The $950 million loan is for 1290 Avenue of the Americas, a 43-story tower located in Midtown Manhattan, according to a report from Kroll Bond Rating Agency. The transaction will be parceled into a commercial mortgage bond that may be announced as soon as next week.</p>\n<p>This will be the second of two Trump-linked office towers that Vornado has refinanced. In April, JPMorgan arranged $1.2 billion of debt linked to 555 California Street in San Francisco. That transaction allowed Vornado and Trump to extract $617 million in equity, a welcome boost to Trump as he faced declining revenues from his real estate empire. This time, no equity is being taken out, the Kroll report showed.</p>\n<p>Trump owns 30% of the building, but has no role in property-related decisions, according to Kroll, which showed how revenues have climbed from the pandemic lows in 2019. As of November, the property was 98% leased to 25 tenants, Kroll said.</p>\n<p>Trump’s stake in the joint venture with Vornado is the most valuable part of his portfolio, worth about $685 million of his $2.5 billion fortune, according to the Bloomberg Billionaires Index.</p>\n<p>Despite shrinking demand for office space, lower rents and uncertainty about how much telecommuting will occur post-pandemic, investors have clamored for securitized bonds that offer a little more yield than other asset-backed debt and corporate securities.</p>","source":"yahoofinance","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>JPMorgan to Lead Refinancing of Trump-Backed Vornado Skyscraper</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\">\nJPMorgan to Lead Refinancing of Trump-Backed Vornado Skyscraper\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-11-05 16:18 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/jpmorgan-lead-refinancing-trump-backed-225311438.html><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>$Vornado Realty Trust(VNO-N)$ turned to JPMorgan Chase & Co. and other banks to refinance debt on a New York skyscraper it owns with former president Donald Trump.\nThe $950 million loan is for 1290 ...</p>\n\n<a href=\"https://finance.yahoo.com/news/jpmorgan-lead-refinancing-trump-backed-225311438.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"JPM":"摩根大通","VNO":"沃那多房信"},"source_url":"https://finance.yahoo.com/news/jpmorgan-lead-refinancing-trump-backed-225311438.html","is_english":true,"share_image_url":"https://static.laohu8.com/5f26f4a48f9cb3e29be4d71d3ba8c038","article_id":"2181715940","content_text":"$Vornado Realty Trust(VNO-N)$ turned to JPMorgan Chase & Co. and other banks to refinance debt on a New York skyscraper it owns with former president Donald Trump.\nThe $950 million loan is for 1290 Avenue of the Americas, a 43-story tower located in Midtown Manhattan, according to a report from Kroll Bond Rating Agency. The transaction will be parceled into a commercial mortgage bond that may be announced as soon as next week.\nThis will be the second of two Trump-linked office towers that Vornado has refinanced. In April, JPMorgan arranged $1.2 billion of debt linked to 555 California Street in San Francisco. That transaction allowed Vornado and Trump to extract $617 million in equity, a welcome boost to Trump as he faced declining revenues from his real estate empire. This time, no equity is being taken out, the Kroll report showed.\nTrump owns 30% of the building, but has no role in property-related decisions, according to Kroll, which showed how revenues have climbed from the pandemic lows in 2019. As of November, the property was 98% leased to 25 tenants, Kroll said.\nTrump’s stake in the joint venture with Vornado is the most valuable part of his portfolio, worth about $685 million of his $2.5 billion fortune, according to the Bloomberg Billionaires Index.\nDespite shrinking demand for office space, lower rents and uncertainty about how much telecommuting will occur post-pandemic, investors have clamored for securitized bonds that offer a little more yield than other asset-backed debt and corporate securities.","news_type":1},"isVote":1,"tweetType":1,"viewCount":837,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":848252670,"gmtCreate":1636005370342,"gmtModify":1636005503608,"author":{"id":"3572924792782965","authorId":"3572924792782965","name":"Zanetaghx","avatar":"https://static.tigerbbs.com/00c8d7266d0f1b04eec7f35954d54324","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3572924792782965","authorIdStr":"3572924792782965"},"themes":[],"htmlText":"Pls like!","listText":"Pls like!","text":"Pls like!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/848252670","repostId":"1109707217","repostType":4,"repost":{"id":"1109707217","kind":"news","pubTimestamp":1636004803,"share":"https://www.laohu8.com/m/news/1109707217?lang=&edition=full","pubTime":"2021-11-04 13:46","market":"us","language":"en","title":"He predicted Dow 36,000 in 1999. Now, it's finally here","url":"https://stock-news.laohu8.com/highlight/detail?id=1109707217","media":"CNN Business","summary":"London (CNN Business)Journalist James Glassman and economist Kevin Hassett wrote in late 1999 that t","content":"<p>London (CNN Business)Journalist James Glassman and economist Kevin Hassett wrote in late 1999 that the Dow Jones Industrial Average could hit 36,000 as soon as 2005.</p>\n<p>That prediction in their book, \"Dow 36,000: The New Strategy for Profiting From the Coming Rise in the Stock Market\" did not come true. The dot-com bubble popped, sending markets into a tailspin. The comeback in 2006 and 2007 was cut off by the global financial crisis and Great Recession.</p>\n<p>But the rally in the wake of the Covid-19 pandemic has finally delivered. On Tuesday, the Dow closed above 36,000 for the first time ever, propelled by unprecedented levels of government and central bank stimulus and enthusiasm about corporate earnings.</p>\n<p>The rebound has been sharp and quick. The Dow passed the 35,000 mark for the first time in July.</p>\n<p>\"This is yet another reminder for investors how far we've come the past 20 months,\" said Ryan Detrick, chief market strategist for LPL Financial. \"In fact, 2021 is the only year in history to hit six separate 1,000 milestone levels.\"</p>\n<p>Hassett, who served as a senior economic adviser to President Donald Trump, doesn't see the book as a forecasting miss. Instead, he told me, its central thesis has held up well.</p>\n<p>We chatted by email about the milestone and his reflections. The following conversation has been condensed and lightly edited for clarity.</p>\n<p>Why did it take longer than you expected for the Dow to cross the 36,000 threshold?</p>\n<p>KH: The book was always about the case for holding stocks for long periods in order to reduce risk. Our first piece on this, and the book, always made it clear that nobody can predict stock movements in the short run. But over longer periods, prices go up. Many were arguing that the huge gains of the 1990s made it too late for ordinary investors to join the party. We said it was not, if they could commit to the long run.</p>\n<p>You wrote in 1999 that stocks weren't as risky as investors believed and were undervalued. Do you still think that's true?</p>\n<p>KH: The data since have confirmed patterns that have been clear back to the early 1800s. In the long run, the risks associated with holding stocks decline.</p>\n<p>Which of the book's arguments do you think have held up best?</p>\n<p>KH: The average return on equity since the book came out has been almost exactly what we assumed.</p>\n<p>And the worst?</p>\n<p>KH: We expected interest rates to be higher, and never anticipated quantitative easing. In some sense, this is good news for stock investors going forward. The equity premium is still healthy, so expected returns on stocks over the next two decades are still higher than for bonds.</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>He predicted Dow 36,000 in 1999. Now, it's finally here</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\">\nHe predicted Dow 36,000 in 1999. Now, it's finally here\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-11-04 13:46 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://edition.cnn.com/2021/11/03/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)Journalist James Glassman and economist Kevin Hassett wrote in late 1999 that the Dow Jones Industrial Average could hit 36,000 as soon as 2005.\nThat prediction in their book, \"...</p>\n\n<a href=\"https://edition.cnn.com/2021/11/03/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":{".DJI":"道琼斯"},"source_url":"https://edition.cnn.com/2021/11/03/investing/premarket-stocks-trading/index.html","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1109707217","content_text":"London (CNN Business)Journalist James Glassman and economist Kevin Hassett wrote in late 1999 that the Dow Jones Industrial Average could hit 36,000 as soon as 2005.\nThat prediction in their book, \"Dow 36,000: The New Strategy for Profiting From the Coming Rise in the Stock Market\" did not come true. The dot-com bubble popped, sending markets into a tailspin. The comeback in 2006 and 2007 was cut off by the global financial crisis and Great Recession.\nBut the rally in the wake of the Covid-19 pandemic has finally delivered. On Tuesday, the Dow closed above 36,000 for the first time ever, propelled by unprecedented levels of government and central bank stimulus and enthusiasm about corporate earnings.\nThe rebound has been sharp and quick. The Dow passed the 35,000 mark for the first time in July.\n\"This is yet another reminder for investors how far we've come the past 20 months,\" said Ryan Detrick, chief market strategist for LPL Financial. \"In fact, 2021 is the only year in history to hit six separate 1,000 milestone levels.\"\nHassett, who served as a senior economic adviser to President Donald Trump, doesn't see the book as a forecasting miss. Instead, he told me, its central thesis has held up well.\nWe chatted by email about the milestone and his reflections. The following conversation has been condensed and lightly edited for clarity.\nWhy did it take longer than you expected for the Dow to cross the 36,000 threshold?\nKH: The book was always about the case for holding stocks for long periods in order to reduce risk. Our first piece on this, and the book, always made it clear that nobody can predict stock movements in the short run. But over longer periods, prices go up. Many were arguing that the huge gains of the 1990s made it too late for ordinary investors to join the party. We said it was not, if they could commit to the long run.\nYou wrote in 1999 that stocks weren't as risky as investors believed and were undervalued. Do you still think that's true?\nKH: The data since have confirmed patterns that have been clear back to the early 1800s. In the long run, the risks associated with holding stocks decline.\nWhich of the book's arguments do you think have held up best?\nKH: The average return on equity since the book came out has been almost exactly what we assumed.\nAnd the worst?\nKH: We expected interest rates to be higher, and never anticipated quantitative easing. In some sense, this is good news for stock investors going forward. The equity premium is still healthy, so expected returns on stocks over the next two decades are still higher than for bonds.","news_type":1},"isVote":1,"tweetType":1,"viewCount":610,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":841250945,"gmtCreate":1635917278949,"gmtModify":1635917279058,"author":{"id":"3572924792782965","authorId":"3572924792782965","name":"Zanetaghx","avatar":"https://static.tigerbbs.com/00c8d7266d0f1b04eec7f35954d54324","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3572924792782965","authorIdStr":"3572924792782965"},"themes":[],"htmlText":"Please like thank you!","listText":"Please like thank you!","text":"Please like thank you!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/841250945","repostId":"2180736486","repostType":4,"isVote":1,"tweetType":1,"viewCount":613,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":813580045,"gmtCreate":1630213959287,"gmtModify":1704957135188,"author":{"id":"3572924792782965","authorId":"3572924792782965","name":"Zanetaghx","avatar":"https://static.tigerbbs.com/00c8d7266d0f1b04eec7f35954d54324","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3572924792782965","authorIdStr":"3572924792782965"},"themes":[],"htmlText":"Please like!","listText":"Please like!","text":"Please like!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/813580045","repostId":"2162733980","repostType":4,"isVote":1,"tweetType":1,"viewCount":404,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":813019891,"gmtCreate":1630113290113,"gmtModify":1704956108680,"author":{"id":"3572924792782965","authorId":"3572924792782965","name":"Zanetaghx","avatar":"https://static.tigerbbs.com/00c8d7266d0f1b04eec7f35954d54324","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3572924792782965","authorIdStr":"3572924792782965"},"themes":[],"htmlText":"Please like!","listText":"Please like!","text":"Please like!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/813019891","repostId":"2162024053","repostType":4,"isVote":1,"tweetType":1,"viewCount":505,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":800331195,"gmtCreate":1627276659117,"gmtModify":1631888932732,"author":{"id":"3572924792782965","authorId":"3572924792782965","name":"Zanetaghx","avatar":"https://static.tigerbbs.com/00c8d7266d0f1b04eec7f35954d54324","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3572924792782965","authorIdStr":"3572924792782965"},"themes":[],"htmlText":"Please like thanks!","listText":"Please like thanks!","text":"Please like thanks!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/800331195","repostId":"1100772026","repostType":4,"isVote":1,"tweetType":1,"viewCount":480,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":177229688,"gmtCreate":1627225964144,"gmtModify":1631888932735,"author":{"id":"3572924792782965","authorId":"3572924792782965","name":"Zanetaghx","avatar":"https://static.tigerbbs.com/00c8d7266d0f1b04eec7f35954d54324","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3572924792782965","authorIdStr":"3572924792782965"},"themes":[],"htmlText":"Please like!","listText":"Please like!","text":"Please like!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/177229688","repostId":"2153936352","repostType":4,"isVote":1,"tweetType":1,"viewCount":775,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"defaultTab":"posts","isTTM":false}