社区
首页
集团介绍
社区
资讯
行情
学堂
TigerAI
登录
注册
oneplus374
IP属地：未知
+关注
帖子 · 276
帖子 · 276
关注 · 0
关注 · 0
粉丝 · 0
粉丝 · 0
oneplus374
oneplus374
·
2021-12-01
please like!
What Powell’s Hawkish Transition Could Mean for Asian Markets<blockquote>鲍威尔的鹰派转型对亚洲市场意味着什么</blockquote>
Strategists bearish on implications for Asia equities and FX Higher U.S. rates could trigger capital
What Powell’s Hawkish Transition Could Mean for Asian Markets<blockquote>鲍威尔的鹰派转型对亚洲市场意味着什么</blockquote>
看
2,064
回复
1
点赞
2
编组 21备份 2
分享
举报
oneplus374
oneplus374
·
2021-10-29
like
非常抱歉，此主贴已删除
看
2,308
回复
2
点赞
4
编组 21备份 2
分享
举报
oneplus374
oneplus374
·
2021-10-08
like pls
TSMC revenue for September was approximately NT$152.69 billion,an increase of 19.7% YOY<blockquote>台积电9月营收约新台币1526.9亿元同比增长19.7%</blockquote>
TSMC today announced its net revenue for September 2021: On a consolidated basis, revenue for Septem
TSMC revenue for September was approximately NT$152.69 billion,an increase of 19.7% YOY<blockquote>台积电9月营收约新台币1526.9亿元同比增长19.7%</blockquote>
看
3,692
回复
评论
点赞
7
编组 21备份 2
分享
举报
oneplus374
oneplus374
·
2021-10-05
please like!
非常抱歉，此主贴已删除
看
1,721
回复
4
点赞
4
编组 21备份 2
分享
举报
oneplus374
oneplus374
·
2021-09-21
please like!
非常抱歉，此主贴已删除
看
1,438
回复
评论
点赞
1
编组 21备份 2
分享
举报
oneplus374
oneplus374
·
2021-09-20
please like!
Nike, Costco, FedEx, Salesforce, and Other Stocks for Investors to Watch This Week<blockquote>耐克、好市多、联邦快递、Salesforce和其他本周值得投资者关注的股票</blockquote>
The main event this week will be the Federal Reserve’s September policy meeting. Investors will also
Nike, Costco, FedEx, Salesforce, and Other Stocks for Investors to Watch This Week<blockquote>耐克、好市多、联邦快递、Salesforce和其他本周值得投资者关注的股票</blockquote>
看
2,337
回复
3
点赞
8
编组 21备份 2
分享
举报
oneplus374
oneplus374
·
2021-09-18
please like!
非常抱歉，此主贴已删除
看
2,624
回复
4
点赞
8
编组 21备份 2
分享
举报
oneplus374
oneplus374
·
2021-09-17
please like!
非常抱歉，此主贴已删除
看
1,695
回复
1
点赞
2
编组 21备份 2
分享
举报
oneplus374
oneplus374
·
2021-09-17
please like!
AMD Stock: Strong Momentum And Path To Strong Compounded Annual Returns<blockquote>AMD股票：强劲的势头和强劲的复合年回报之路</blockquote>
Summary In the dark days of 2015 and 2016, AMD traded for less than $3 and the company was loaded d
AMD Stock: Strong Momentum And Path To Strong Compounded Annual Returns<blockquote>AMD股票：强劲的势头和强劲的复合年回报之路</blockquote>
看
1,462
回复
1
点赞
4
编组 21备份 2
分享
举报
oneplus374
oneplus374
·
2021-09-14
please like!
S&P 500 snaps losing streak with tax hikes, inflation data on horizon<blockquote>标普500通过增税和通胀数据结束连跌</blockquote>
NEW YORK (Reuters) - The S&P 500 closed higher on Monday, ending a five-day losing streak as investo
S&P 500 snaps losing streak with tax hikes, inflation data on horizon<blockquote>标普500通过增税和通胀数据结束连跌</blockquote>
看
2,467
回复
1
点赞
5
编组 21备份 2
分享
举报
加载更多
热议股票
{"i18n":{"language":"zh_CN"},"isCurrentUser":false,"userPageInfo":{"id":"3573639773544520","uuid":"3573639773544520","gmtCreate":1610553969514,"gmtModify":1610553969514,"name":"oneplus374","pinyin":"oneplus374","introduction":"","introductionEn":"","signature":"","avatar":"https://static.laohu8.com/default-avatar.jpg","hat":null,"hatId":null,"hatName":null,"vip":1,"status":2,"fanSize":71,"headSize":321,"tweetSize":276,"questionSize":0,"limitLevel":999,"accountStatus":4,"level":{"id":1,"name":"萌萌虎","nameTw":"萌萌虎","represent":"呱呱坠地","factor":"评论帖子3次或发布1条主帖（非转发）","iconColor":"3C9E83","bgColor":"A2F1D9"},"themeCounts":0,"badgeCounts":0,"badges":[],"moderator":false,"superModerator":false,"manageSymbols":null,"badgeLevel":null,"boolIsFan":false,"boolIsHead":false,"favoriteSize":1,"symbols":null,"coverImage":null,"realNameVerified":null,"userBadges":[{"badgeId":"e50ce593bb40487ebfb542ca54f6a561-2","templateUuid":"e50ce593bb40487ebfb542ca54f6a561","name":"资深虎友","description":"加入老虎社区1000天","bigImgUrl":"https://static.tigerbbs.com/0063fb68ea29c9ae6858c58630e182d5","smallImgUrl":"https://static.tigerbbs.com/96c699a93be4214d4b49aea6a5a5d1a4","grayImgUrl":"https://static.tigerbbs.com/35b0e542a9ff77046ed69ef602bc105d","redirectLinkEnabled":0,"redirectLink":null,"hasAllocated":1,"isWearing":0,"stamp":null,"stampPosition":0,"hasStamp":0,"allocationCount":1,"allocatedDate":"2023.10.22","exceedPercentage":null,"individualDisplayEnabled":0,"backgroundColor":null,"fontColor":null,"individualDisplaySort":0,"categoryType":1001},{"badgeId":"228c86a078844d74991fff2b7ab2428d-2","templateUuid":"228c86a078844d74991fff2b7ab2428d","name":"投资总监虎","description":"证券账户累计交易金额达到30万美元","bigImgUrl":"https://static.tigerbbs.com/9d20b23f1b6335407f882bc5c2ad12c0","smallImgUrl":"https://static.tigerbbs.com/ada3b4533518ace8404a3f6dd192bd29","grayImgUrl":"https://static.tigerbbs.com/177f283ba21d1c077054dac07f88f3bd","redirectLinkEnabled":0,"redirectLink":null,"hasAllocated":1,"isWearing":0,"stamp":null,"stampPosition":0,"hasStamp":0,"allocationCount":1,"allocatedDate":"2021.12.28","exceedPercentage":"80.81%","individualDisplayEnabled":0,"backgroundColor":null,"fontColor":null,"individualDisplaySort":0,"categoryType":1101},{"badgeId":"976c19eed35f4cd78f17501c2e99ef37-1","templateUuid":"976c19eed35f4cd78f17501c2e99ef37","name":"博闻投资者","description":"累计交易超过10只正股","bigImgUrl":"https://static.tigerbbs.com/e74cc24115c4fbae6154ec1b1041bf47","smallImgUrl":"https://static.tigerbbs.com/d48265cbfd97c57f9048db29f22227b0","grayImgUrl":"https://static.tigerbbs.com/76c6d6898b073c77e1c537ebe9ac1c57","redirectLinkEnabled":0,"redirectLink":null,"hasAllocated":1,"isWearing":0,"stamp":null,"stampPosition":0,"hasStamp":0,"allocationCount":1,"allocatedDate":"2021.12.21","exceedPercentage":null,"individualDisplayEnabled":0,"backgroundColor":null,"fontColor":null,"individualDisplaySort":0,"categoryType":1102},{"badgeId":"518b5610c3e8410da5cfad115e4b0f5a-1","templateUuid":"518b5610c3e8410da5cfad115e4b0f5a","name":"实盘交易者","description":"完成一笔实盘交易","bigImgUrl":"https://static.tigerbbs.com/2e08a1cc2087a1de93402c2c290fa65b","smallImgUrl":"https://static.tigerbbs.com/4504a6397ce1137932d56e5f4ce27166","grayImgUrl":"https://static.tigerbbs.com/4b22c79415b4cd6e3d8ebc4a0fa32604","redirectLinkEnabled":0,"redirectLink":null,"hasAllocated":1,"isWearing":0,"stamp":null,"stampPosition":0,"hasStamp":0,"allocationCount":1,"allocatedDate":"2021.12.21","exceedPercentage":null,"individualDisplayEnabled":0,"backgroundColor":null,"fontColor":null,"individualDisplaySort":0,"categoryType":1100},{"badgeId":"35ec162348d5460f88c959321e554969-3","templateUuid":"35ec162348d5460f88c959321e554969","name":"传说交易员","description":"证券或期货账户累计交易次数达到300次","bigImgUrl":"https://static.tigerbbs.com/656db16598a0b8f21429e10d6c1cb033","smallImgUrl":"https://static.tigerbbs.com/03f10910d4dd9234f9b5702a3342193a","grayImgUrl":"https://static.tigerbbs.com/0c767e35268feb729d50d3fa9a386c5a","redirectLinkEnabled":0,"redirectLink":null,"hasAllocated":1,"isWearing":0,"stamp":null,"stampPosition":0,"hasStamp":0,"allocationCount":1,"allocatedDate":"2021.12.21","exceedPercentage":"93.76%","individualDisplayEnabled":0,"backgroundColor":null,"fontColor":null,"individualDisplaySort":0,"categoryType":1100}],"userBadgeCount":5,"currentWearingBadge":null,"individualDisplayBadges":null,"crmLevel":11,"crmLevelSwitch":0,"location":"未知","starInvestorFollowerNum":0,"starInvestorFlag":false,"starInvestorOrderShareNum":0,"subscribeStarInvestorNum":0,"ror":null,"winRationPercentage":null,"showRor":false,"investmentPhilosophy":null,"starInvestorSubscribeFlag":false},"page":1,"watchlist":null,"tweetList":[{"id":603022928,"gmtCreate":1638342735929,"gmtModify":1638342736275,"author":{"id":"3573639773544520","authorId":"3573639773544520","name":"oneplus374","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3573639773544520","idStr":"3573639773544520"},"themes":[],"htmlText":"please like!","listText":"please like!","text":"please like!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/603022928","repostId":"1136781080","repostType":4,"repost":{"id":"1136781080","kind":"news","pubTimestamp":1638341251,"share":"https://www.laohu8.com/m/news/1136781080?lang=zh_CN&edition=full","pubTime":"2021-12-01 14:47","market":"sg","language":"en","title":"What Powell’s Hawkish Transition Could Mean for Asian Markets<blockquote>鲍威尔的鹰派转型对亚洲市场意味着什么</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1136781080","media":"Bloomberg","summary":"Strategists bearish on implications for Asia equities and FX\nHigher U.S. rates could trigger capital","content":"<p><ul> <li>Strategists bearish on implications for Asia equities and FX</li> <li>Higher U.S. rates could trigger capital flows out of region</li> </ul> Jerome Powell sent a stir through global markets Tuesday, paving the way for quicker-than-expected U.S. hikes, which would ripple through rate-sensitive Asian assets.</p><p><blockquote><ul><li>策略师对亚洲股市和外汇的影响持悲观态度</li><li>美国利率上升可能引发资本流出该地区</li></ul>杰罗姆·鲍威尔周二在全球市场引起轰动，为美国超预期加息铺平了道路，这将波及对利率敏感的亚洲资产。</blockquote></p><p> The Federal Reserve Chair told Congress that policymakers will discuss whether to wrap up bond purchases a few months earlier and retired the word “transitory” from his commentary on inflation. Higher U.S. rates would have a significant impact on Asian assets if capital flows to America. A stronger greenback has implications for Asia’s export-heavy companies and economies and the dollar-denominated debt of the region’s sovereign and corporate borrowers.</p><p><blockquote>美联储主席告诉国会，政策制定者将在几个月前讨论是否结束债券购买，并从他对通胀的评论中删除了“暂时”一词。如果资本流向美国，美国利率上升将对亚洲资产产生重大影响。美元走强对亚洲以出口为主的企业和经济体，以及该地区主权和企业借款人以美元计价的债务都有影响。</blockquote></p><p> Still, Asia stocks and currencies are rallying Wednesday with some strategists saying Powell’s comments about a faster taper weren’t unexpected. His nod toward the uncertainty caused by the omicron variant has also blunted the hawkish tone, according to Tomo Kinoshita, global market strategist at Invesco Asset Management.</p><p><blockquote>尽管如此，亚洲股市和货币周三仍在上涨，一些策略师表示，鲍威尔关于加快缩减规模的言论并不出人意料。景顺资产管理公司全球市场策略师Tomo Kinoshita表示，他对奥密克戎变体造成的不确定性的认可也削弱了鹰派基调。</blockquote></p><p> <img src=\"https://static.tigerbbs.com/fe5fb6c8c29a959328a059ba71b72f5f\" tg-width=\"1200\" tg-height=\"675\" referrerpolicy=\"no-referrer\"></p><p><blockquote></blockquote></p><p> Here are the thoughts of Asia watchers on what Powell’s shift means for the region’s markets:</p><p><blockquote>以下是亚洲观察人士对鲍威尔的转变对该地区市场意味着什么的看法：</blockquote></p><p> <b>Deferring to the Dollar</b></p><p><blockquote><b>遵从美元</b></blockquote></p><p> “Prospects of quicker taper and higher U.S. rates will stress test the allure of higher returns in EM Asia and as a consequence the ‘stickiness’ of funds parked in this part of the world,” said Vishnu Varathan, head of economics and strategy at Mizuho Bank Ltd in Singapore.</p><p><blockquote>瑞穗银行经济与战略主管Vishnu Varathan表示：“更快缩减规模和美国利率上升的前景将对亚洲新兴市场更高回报的吸引力进行压力测试，从而影响存放在世界这一地区的资金的‘粘性’。”银行有限公司位于新加坡。</blockquote></p><p> “We have long maintained that the outcome will be ‘KokomoFed,’ that gets there fast and then takes it slow after,” he said, referring to a Beach Boys song. “And this in turn will prompt a ‘Kokomo dollar,’ whereby the bias is for the dollar to be skewed to strength.”</p><p><blockquote>“我们长期以来一直坚持认为，结果将是‘KokomoFed’，快速到达那里，然后缓慢，”他说，指的是沙滩男孩的一首歌曲。“这反过来将催生‘科科莫美元’，即美元偏向强势。”</blockquote></p><p> <b>Bad for High Beta</b></p><p><blockquote><b>不利于高贝塔</b></blockquote></p><p> “The threat of faster tapering is bad news for high-beta markets such as EM,” said Sue Trinh, managing director for global macro strategy at Manulife Investment Management in Hong Kong.</p><p><blockquote>宏利投资管理公司驻香港全球宏观策略董事总经理Sue Trinh表示：“对于新兴市场等高贝塔市场来说，更快缩减规模的威胁是个坏消息。”</blockquote></p><p> “Yet we have been of the view that Asia is well-placed within EM to withstand any potential monetary volatility -- inflation in Asia more contained and Asia is less reliant on foreign capital than other EM,” she said. “The not-so-good news for Asia is that the region is far too reliant on foreign demand to absorb its exports.”</p><p><blockquote>她说：“然而，我们一直认为，亚洲在新兴市场中处于有利地位，能够抵御任何潜在的货币波动——与其他新兴市场相比，亚洲的通胀得到了更好的控制，而且亚洲对外国资本的依赖程度较低。”“对亚洲来说，不太好的消息是该地区过于依赖外国需求来吸收其出口。”</blockquote></p><p> <b>Risk Asset Pressure</b></p><p><blockquote><b>风险资产压力</b></blockquote></p><p> “Expect more pressure on risk assets in general, including Asian equities,” said Alvin T. Tan, head of Asia FX strategy at RBC Capital Markets in Hong Kong.</p><p><blockquote>加拿大皇家银行资本市场驻香港亚洲外汇策略主管Alvin T.Tan表示：“预计包括亚洲股市在内的整体风险资产将面临更大压力。”</blockquote></p><p> “However, Asian FX have held up really well in this latest risk-off bout, and that was because the whole market was furiously loading up on U.S. dollars right into the omicron news,” he added. “So it is U.S. dollars that are being unwound this time. In that way it has been an unusual ‘risk-off’ experience, though JPY has behaved more conventionally.”</p><p><blockquote>“然而，亚洲外汇在最近的这场避险回合中表现非常好，这是因为整个市场在奥密克戎新闻发布后疯狂买入美元，”他补充道。“因此，这一次美元被解除了赎回权。从这个角度来看，这是一次不寻常的‘避险’经历，尽管日元的表现更加传统。”</blockquote></p><p> <b>Focus on Renminbi</b></p><p><blockquote><b>关注人民币</b></blockquote></p><p> “We expect the Thai baht to be most at risk, especially since it has an additional negative that the re-emergence of Covid-19 concerns will potentially further set back the return of tourism,” said Terence Wu, a foreign-exchange strategist at Oversea-Chinese Banking Corp. in Singapore.</p><p><blockquote>外汇策略师Terence Wu表示：“我们预计泰铢面临的风险最大，特别是因为它还有一个额外的负面影响，即Covid-19担忧的重新出现可能会进一步阻碍旅游业的回归。”新加坡华侨银行。</blockquote></p><p> “More importantly, we will be watching closely developments in the renminbi. The RMB has been strong on a basket basis, and that has sheltered the Asian currencies. Should the RMB start to show signs of weakness, expect the flow-through of dollar strength to the EM Asian currencies to be stronger.”</p><p><blockquote>“更重要的是，我们将密切关注人民币的发展。人民币在一篮子货币基础上一直走强，这对亚洲货币起到了保护作用。如果人民币开始出现疲软迹象，预计美元走强将会对亚洲新兴市场货币产生更强影响。”</blockquote></p><p> <b>China Chance</b></p><p><blockquote><b>中国机会</b></blockquote></p><p> “Extreme dollar strength because of higher U.S. interest rates is a headwind for Asia and EM equities, but China and large Asean markets such as Indonesia could still outperform western markets in 2022 because of reversion to mean,” said Michael Rainer Preiss, portfolio strategist at Golden Equator Wealth. “China already had a big correction and the valuation argument for China equities is getting stronger.”</p><p><blockquote>投资组合策略师Michael Rainer Preiss表示：“由于美国利率上升，美元极度走强对亚洲和新兴市场股市来说是一个阻力，但由于回归均值，中国和印度尼西亚等大型东盟市场在2022年仍可能跑赢西方市场。”在金赤道财富。“中国已经经历了大幅调整，中国股市的估值论据越来越强。”</blockquote></p><p> <b>Mixed Asian FX</b></p><p><blockquote><b>混合亚洲外汇</b></blockquote></p><p> “While Powell’s comments suggest the Fed could bring forward their rate hike to as soon as the middle of 2022, the dollar failed to rally on the back of this.,” said Khoon Goh, head of Asia research at Australia & New Zealand Banking Group in Singapore. “This is likely because the Fed Chair’s statement is only matching market expectations.”</p><p><blockquote>澳大利亚和新西兰银行集团亚洲研究主管Khoon Goh表示：“虽然鲍威尔的言论表明美联储最早可能将加息提前至2022年年中，但美元未能在此基础上反弹。”在新加坡。“这很可能是因为美联储主席的声明只是符合市场预期。”</blockquote></p><p> “The impact on Asian FX will likely be mixed. With export growth still strong in the region, as shown by today’s stronger than expected Korean numbers, currencies of export driven economies like KRW, CNH and SGD will fare well. Prospects for higher U.S. yields could weigh slightly on IDR due to reduced foreign bond inflows. THB will be more influenced by how the Omicron variant may affect Thailand’s tourism reopening.”</p><p><blockquote>“对亚洲外汇的影响可能是喜忧参半。由于该地区的出口增长仍然强劲，正如今天强于预期的韩国数据所显示的那样，韩元、CNH和新加坡元等出口驱动型经济体的货币将表现良好。由于外国债券流入减少，美国收益率上升的前景可能会略微打压印度卢比。泰铢将更多地受到奥密克戎变种如何影响泰国旅游业重新开放的影响。”</blockquote></p><p> <b>Thin Spreads</b></p><p><blockquote><b>稀薄价差</b></blockquote></p><p></p><p> The spread cushion on Asian dollar bonds from rising Treasury yields is “thin at best” with valuations near multi-year tights, with the exception of China’s property issuers, according to Ek Pon Tay, BNP Paribas Asset Management’s senior portfolio manager in Singapore.</p><p><blockquote>法国巴黎资产管理公司驻新加坡高级投资组合经理Ek Pon Tay表示，美国国债收益率上升对亚洲美元债券的利差缓冲“充其量很薄”，估值接近多年低点，但中国房地产发行人除外。</blockquote></p><p> Tay recommends investors overweight investment-grade rated China property credits as these issuers are likely to survive in the event of a prolonged sector downturn and valuations offer ample spread cushion versus others.</p><p><blockquote>Tay向投资者推荐跑赢大盘投资级评级的中华地产信贷，因为这些发行人可能会在行业长期低迷的情况下生存下来，而且估值与其他发行人相比提供了充足的利差缓冲。</blockquote></p><p></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>What Powell’s Hawkish Transition Could Mean for Asian Markets<blockquote>鲍威尔的鹰派转型对亚洲市场意味着什么</blockquote></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: 12.5px; color: #7E829C; margin: 0;}\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\">\nWhat Powell’s Hawkish Transition Could Mean for Asian Markets<blockquote>鲍威尔的鹰派转型对亚洲市场意味着什么</blockquote>\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">Bloomberg</strong><span class=\"h-time small\">2021-12-01 14:47</span>\n</p>\n</h4>\n</header>\n<article>\n<p><ul> <li>Strategists bearish on implications for Asia equities and FX</li> <li>Higher U.S. rates could trigger capital flows out of region</li> </ul> Jerome Powell sent a stir through global markets Tuesday, paving the way for quicker-than-expected U.S. hikes, which would ripple through rate-sensitive Asian assets.</p><p><blockquote><ul><li>策略师对亚洲股市和外汇的影响持悲观态度</li><li>美国利率上升可能引发资本流出该地区</li></ul>杰罗姆·鲍威尔周二在全球市场引起轰动，为美国超预期加息铺平了道路，这将波及对利率敏感的亚洲资产。</blockquote></p><p> The Federal Reserve Chair told Congress that policymakers will discuss whether to wrap up bond purchases a few months earlier and retired the word “transitory” from his commentary on inflation. Higher U.S. rates would have a significant impact on Asian assets if capital flows to America. A stronger greenback has implications for Asia’s export-heavy companies and economies and the dollar-denominated debt of the region’s sovereign and corporate borrowers.</p><p><blockquote>美联储主席告诉国会，政策制定者将在几个月前讨论是否结束债券购买，并从他对通胀的评论中删除了“暂时”一词。如果资本流向美国，美国利率上升将对亚洲资产产生重大影响。美元走强对亚洲以出口为主的企业和经济体，以及该地区主权和企业借款人以美元计价的债务都有影响。</blockquote></p><p> Still, Asia stocks and currencies are rallying Wednesday with some strategists saying Powell’s comments about a faster taper weren’t unexpected. His nod toward the uncertainty caused by the omicron variant has also blunted the hawkish tone, according to Tomo Kinoshita, global market strategist at Invesco Asset Management.</p><p><blockquote>尽管如此，亚洲股市和货币周三仍在上涨，一些策略师表示，鲍威尔关于加快缩减规模的言论并不出人意料。景顺资产管理公司全球市场策略师Tomo Kinoshita表示，他对奥密克戎变体造成的不确定性的认可也削弱了鹰派基调。</blockquote></p><p> <img src=\"https://static.tigerbbs.com/fe5fb6c8c29a959328a059ba71b72f5f\" tg-width=\"1200\" tg-height=\"675\" referrerpolicy=\"no-referrer\"></p><p><blockquote></blockquote></p><p> Here are the thoughts of Asia watchers on what Powell’s shift means for the region’s markets:</p><p><blockquote>以下是亚洲观察人士对鲍威尔的转变对该地区市场意味着什么的看法：</blockquote></p><p> <b>Deferring to the Dollar</b></p><p><blockquote><b>遵从美元</b></blockquote></p><p> “Prospects of quicker taper and higher U.S. rates will stress test the allure of higher returns in EM Asia and as a consequence the ‘stickiness’ of funds parked in this part of the world,” said Vishnu Varathan, head of economics and strategy at Mizuho Bank Ltd in Singapore.</p><p><blockquote>瑞穗银行经济与战略主管Vishnu Varathan表示：“更快缩减规模和美国利率上升的前景将对亚洲新兴市场更高回报的吸引力进行压力测试，从而影响存放在世界这一地区的资金的‘粘性’。”银行有限公司位于新加坡。</blockquote></p><p> “We have long maintained that the outcome will be ‘KokomoFed,’ that gets there fast and then takes it slow after,” he said, referring to a Beach Boys song. “And this in turn will prompt a ‘Kokomo dollar,’ whereby the bias is for the dollar to be skewed to strength.”</p><p><blockquote>“我们长期以来一直坚持认为，结果将是‘KokomoFed’，快速到达那里，然后缓慢，”他说，指的是沙滩男孩的一首歌曲。“这反过来将催生‘科科莫美元’，即美元偏向强势。”</blockquote></p><p> <b>Bad for High Beta</b></p><p><blockquote><b>不利于高贝塔</b></blockquote></p><p> “The threat of faster tapering is bad news for high-beta markets such as EM,” said Sue Trinh, managing director for global macro strategy at Manulife Investment Management in Hong Kong.</p><p><blockquote>宏利投资管理公司驻香港全球宏观策略董事总经理Sue Trinh表示：“对于新兴市场等高贝塔市场来说，更快缩减规模的威胁是个坏消息。”</blockquote></p><p> “Yet we have been of the view that Asia is well-placed within EM to withstand any potential monetary volatility -- inflation in Asia more contained and Asia is less reliant on foreign capital than other EM,” she said. “The not-so-good news for Asia is that the region is far too reliant on foreign demand to absorb its exports.”</p><p><blockquote>她说：“然而，我们一直认为，亚洲在新兴市场中处于有利地位，能够抵御任何潜在的货币波动——与其他新兴市场相比，亚洲的通胀得到了更好的控制，而且亚洲对外国资本的依赖程度较低。”“对亚洲来说，不太好的消息是该地区过于依赖外国需求来吸收其出口。”</blockquote></p><p> <b>Risk Asset Pressure</b></p><p><blockquote><b>风险资产压力</b></blockquote></p><p> “Expect more pressure on risk assets in general, including Asian equities,” said Alvin T. Tan, head of Asia FX strategy at RBC Capital Markets in Hong Kong.</p><p><blockquote>加拿大皇家银行资本市场驻香港亚洲外汇策略主管Alvin T.Tan表示：“预计包括亚洲股市在内的整体风险资产将面临更大压力。”</blockquote></p><p> “However, Asian FX have held up really well in this latest risk-off bout, and that was because the whole market was furiously loading up on U.S. dollars right into the omicron news,” he added. “So it is U.S. dollars that are being unwound this time. In that way it has been an unusual ‘risk-off’ experience, though JPY has behaved more conventionally.”</p><p><blockquote>“然而，亚洲外汇在最近的这场避险回合中表现非常好，这是因为整个市场在奥密克戎新闻发布后疯狂买入美元，”他补充道。“因此，这一次美元被解除了赎回权。从这个角度来看，这是一次不寻常的‘避险’经历，尽管日元的表现更加传统。”</blockquote></p><p> <b>Focus on Renminbi</b></p><p><blockquote><b>关注人民币</b></blockquote></p><p> “We expect the Thai baht to be most at risk, especially since it has an additional negative that the re-emergence of Covid-19 concerns will potentially further set back the return of tourism,” said Terence Wu, a foreign-exchange strategist at Oversea-Chinese Banking Corp. in Singapore.</p><p><blockquote>外汇策略师Terence Wu表示：“我们预计泰铢面临的风险最大，特别是因为它还有一个额外的负面影响，即Covid-19担忧的重新出现可能会进一步阻碍旅游业的回归。”新加坡华侨银行。</blockquote></p><p> “More importantly, we will be watching closely developments in the renminbi. The RMB has been strong on a basket basis, and that has sheltered the Asian currencies. Should the RMB start to show signs of weakness, expect the flow-through of dollar strength to the EM Asian currencies to be stronger.”</p><p><blockquote>“更重要的是，我们将密切关注人民币的发展。人民币在一篮子货币基础上一直走强，这对亚洲货币起到了保护作用。如果人民币开始出现疲软迹象，预计美元走强将会对亚洲新兴市场货币产生更强影响。”</blockquote></p><p> <b>China Chance</b></p><p><blockquote><b>中国机会</b></blockquote></p><p> “Extreme dollar strength because of higher U.S. interest rates is a headwind for Asia and EM equities, but China and large Asean markets such as Indonesia could still outperform western markets in 2022 because of reversion to mean,” said Michael Rainer Preiss, portfolio strategist at Golden Equator Wealth. “China already had a big correction and the valuation argument for China equities is getting stronger.”</p><p><blockquote>投资组合策略师Michael Rainer Preiss表示：“由于美国利率上升，美元极度走强对亚洲和新兴市场股市来说是一个阻力，但由于回归均值，中国和印度尼西亚等大型东盟市场在2022年仍可能跑赢西方市场。”在金赤道财富。“中国已经经历了大幅调整，中国股市的估值论据越来越强。”</blockquote></p><p> <b>Mixed Asian FX</b></p><p><blockquote><b>混合亚洲外汇</b></blockquote></p><p> “While Powell’s comments suggest the Fed could bring forward their rate hike to as soon as the middle of 2022, the dollar failed to rally on the back of this.,” said Khoon Goh, head of Asia research at Australia & New Zealand Banking Group in Singapore. “This is likely because the Fed Chair’s statement is only matching market expectations.”</p><p><blockquote>澳大利亚和新西兰银行集团亚洲研究主管Khoon Goh表示：“虽然鲍威尔的言论表明美联储最早可能将加息提前至2022年年中，但美元未能在此基础上反弹。”在新加坡。“这很可能是因为美联储主席的声明只是符合市场预期。”</blockquote></p><p> “The impact on Asian FX will likely be mixed. With export growth still strong in the region, as shown by today’s stronger than expected Korean numbers, currencies of export driven economies like KRW, CNH and SGD will fare well. Prospects for higher U.S. yields could weigh slightly on IDR due to reduced foreign bond inflows. THB will be more influenced by how the Omicron variant may affect Thailand’s tourism reopening.”</p><p><blockquote>“对亚洲外汇的影响可能是喜忧参半。由于该地区的出口增长仍然强劲，正如今天强于预期的韩国数据所显示的那样，韩元、CNH和新加坡元等出口驱动型经济体的货币将表现良好。由于外国债券流入减少，美国收益率上升的前景可能会略微打压印度卢比。泰铢将更多地受到奥密克戎变种如何影响泰国旅游业重新开放的影响。”</blockquote></p><p> <b>Thin Spreads</b></p><p><blockquote><b>稀薄价差</b></blockquote></p><p></p><p> The spread cushion on Asian dollar bonds from rising Treasury yields is “thin at best” with valuations near multi-year tights, with the exception of China’s property issuers, according to Ek Pon Tay, BNP Paribas Asset Management’s senior portfolio manager in Singapore.</p><p><blockquote>法国巴黎资产管理公司驻新加坡高级投资组合经理Ek Pon Tay表示，美国国债收益率上升对亚洲美元债券的利差缓冲“充其量很薄”，估值接近多年低点，但中国房地产发行人除外。</blockquote></p><p> Tay recommends investors overweight investment-grade rated China property credits as these issuers are likely to survive in the event of a prolonged sector downturn and valuations offer ample spread cushion versus others.</p><p><blockquote>Tay向投资者推荐跑赢大盘投资级评级的中华地产信贷，因为这些发行人可能会在行业长期低迷的情况下生存下来，而且估值与其他发行人相比提供了充足的利差缓冲。</blockquote></p><p></p>\n<div class=\"bt-text\">\n\n\n<p> 来源：<a href=\"https://www.bloomberg.com/news/articles/2021-12-01/what-powell-s-hawkish-transition-could-mean-for-asian-markets\">Bloomberg</a></p>\n<p>为提升您的阅读体验，我们对本页面进行了排版优化</p>\n\n\n</div>\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.bloomberg.com/news/articles/2021-12-01/what-powell-s-hawkish-transition-could-mean-for-asian-markets","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1136781080","content_text":"Strategists bearish on implications for Asia equities and FX\nHigher U.S. rates could trigger capital flows out of region\n\nJerome Powell sent a stir through global markets Tuesday, paving the way for quicker-than-expected U.S. hikes, which would ripple through rate-sensitive Asian assets.\nThe Federal Reserve Chair told Congress that policymakers will discuss whether to wrap up bond purchases a few months earlier and retired the word “transitory” from his commentary on inflation. Higher U.S. rates would have a significant impact on Asian assets if capital flows to America. A stronger greenback has implications for Asia’s export-heavy companies and economies and the dollar-denominated debt of the region’s sovereign and corporate borrowers.\nStill, Asia stocks and currencies are rallying Wednesday with some strategists saying Powell’s comments about a faster taper weren’t unexpected. His nod toward the uncertainty caused by the omicron variant has also blunted the hawkish tone, according to Tomo Kinoshita, global market strategist at Invesco Asset Management.\n\nHere are the thoughts of Asia watchers on what Powell’s shift means for the region’s markets:\nDeferring to the Dollar\n“Prospects of quicker taper and higher U.S. rates will stress test the allure of higher returns in EM Asia and as a consequence the ‘stickiness’ of funds parked in this part of the world,” said Vishnu Varathan, head of economics and strategy at Mizuho Bank Ltd in Singapore.\n“We have long maintained that the outcome will be ‘KokomoFed,’ that gets there fast and then takes it slow after,” he said, referring to a Beach Boys song. “And this in turn will prompt a ‘Kokomo dollar,’ whereby the bias is for the dollar to be skewed to strength.”\nBad for High Beta\n“The threat of faster tapering is bad news for high-beta markets such as EM,” said Sue Trinh, managing director for global macro strategy at Manulife Investment Management in Hong Kong.\n“Yet we have been of the view that Asia is well-placed within EM to withstand any potential monetary volatility -- inflation in Asia more contained and Asia is less reliant on foreign capital than other EM,” she said. “The not-so-good news for Asia is that the region is far too reliant on foreign demand to absorb its exports.”\nRisk Asset Pressure\n“Expect more pressure on risk assets in general, including Asian equities,” said Alvin T. Tan, head of Asia FX strategy at RBC Capital Markets in Hong Kong.\n“However, Asian FX have held up really well in this latest risk-off bout, and that was because the whole market was furiously loading up on U.S. dollars right into the omicron news,” he added. “So it is U.S. dollars that are being unwound this time. In that way it has been an unusual ‘risk-off’ experience, though JPY has behaved more conventionally.”\nFocus on Renminbi\n“We expect the Thai baht to be most at risk, especially since it has an additional negative that the re-emergence of Covid-19 concerns will potentially further set back the return of tourism,” said Terence Wu, a foreign-exchange strategist at Oversea-Chinese Banking Corp. in Singapore.\n“More importantly, we will be watching closely developments in the renminbi. The RMB has been strong on a basket basis, and that has sheltered the Asian currencies. Should the RMB start to show signs of weakness, expect the flow-through of dollar strength to the EM Asian currencies to be stronger.”\nChina Chance\n“Extreme dollar strength because of higher U.S. interest rates is a headwind for Asia and EM equities, but China and large Asean markets such as Indonesia could still outperform western markets in 2022 because of reversion to mean,” said Michael Rainer Preiss, portfolio strategist at Golden Equator Wealth. “China already had a big correction and the valuation argument for China equities is getting stronger.”\nMixed Asian FX\n“While Powell’s comments suggest the Fed could bring forward their rate hike to as soon as the middle of 2022, the dollar failed to rally on the back of this.,” said Khoon Goh, head of Asia research at Australia & New Zealand Banking Group in Singapore. “This is likely because the Fed Chair’s statement is only matching market expectations.”\n“The impact on Asian FX will likely be mixed. With export growth still strong in the region, as shown by today’s stronger than expected Korean numbers, currencies of export driven economies like KRW, CNH and SGD will fare well. Prospects for higher U.S. yields could weigh slightly on IDR due to reduced foreign bond inflows. THB will be more influenced by how the Omicron variant may affect Thailand’s tourism reopening.”\nThin Spreads\nThe spread cushion on Asian dollar bonds from rising Treasury yields is “thin at best” with valuations near multi-year tights, with the exception of China’s property issuers, according to Ek Pon Tay, BNP Paribas Asset Management’s senior portfolio manager in Singapore.\nTay recommends investors overweight investment-grade rated China property credits as these issuers are likely to survive in the event of a prolonged sector downturn and valuations offer ample spread cushion versus others.","news_type":1,"symbols_score_info":{".SPX":0.9,".IXIC":0.9,".DJI":0.9}},"isVote":1,"tweetType":1,"viewCount":2064,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":854568467,"gmtCreate":1635468636079,"gmtModify":1635468637197,"author":{"id":"3573639773544520","authorId":"3573639773544520","name":"oneplus374","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3573639773544520","idStr":"3573639773544520"},"themes":[],"htmlText":"like","listText":"like","text":"like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":2,"repostSize":0,"link":"https://laohu8.com/post/854568467","repostId":"2179291938","repostType":4,"isVote":1,"tweetType":1,"viewCount":2308,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":821032693,"gmtCreate":1633671936971,"gmtModify":1633671938328,"author":{"id":"3573639773544520","authorId":"3573639773544520","name":"oneplus374","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3573639773544520","idStr":"3573639773544520"},"themes":[],"htmlText":"like pls","listText":"like pls","text":"like pls","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":7,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/821032693","repostId":"1138936175","repostType":4,"repost":{"id":"1138936175","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":1633671412,"share":"https://www.laohu8.com/m/news/1138936175?lang=zh_CN&edition=full","pubTime":"2021-10-08 13:36","market":"us","language":"en","title":"TSMC revenue for September was approximately NT$152.69 billion,an increase of 19.7% YOY<blockquote>台积电9月营收约新台币1526.9亿元同比增长19.7%</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1138936175","media":"Tiger Newspress","summary":"TSMC today announced its net revenue for September 2021: On a consolidated basis, revenue for Septem","content":"<p>TSMC today announced its net revenue for September 2021: On a consolidated basis, revenue for September 2021 was approximately NT$152.69 billion, an increase of 11.1 percent from August 2021 and an increase of 19.7percent from September 2020. Revenue for January through September 2021 totaled NT$1,149.23 billion, an increase of 17.5 percent compared to the same period in 2020.</p><p><blockquote>台积电今日公布2021年9月营收净额：合并口径下，2021年9月营收约新台币1526.9亿元，较2021年8月增长11.1%，较2020年9月增长19.7%。2021年1-9月营收总额为新台币11492.3亿元，较2020年同期增长17.5%。</blockquote></p><p> <img src=\"https://static.tigerbbs.com/0e96c974ad4da3a78c740065da212fc0\" tg-width=\"746\" tg-height=\"152\" width=\"100%\" height=\"auto\"></p><p><blockquote></blockquote></p><p></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>TSMC revenue for September was approximately NT$152.69 billion,an increase of 19.7% YOY<blockquote>台积电9月营收约新台币1526.9亿元同比增长19.7%</blockquote></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: 12.5px; color: #7E829C; margin: 0;}\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\">\nTSMC revenue for September was approximately NT$152.69 billion,an increase of 19.7% YOY<blockquote>台积电9月营收约新台币1526.9亿元同比增长19.7%</blockquote>\n</h2>\n<h4 class=\"meta\">\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\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 smaller\">2021-10-08 13:36</p>\n</div>\n</a>\n</h4>\n</header>\n<article>\n<p>TSMC today announced its net revenue for September 2021: On a consolidated basis, revenue for September 2021 was approximately NT$152.69 billion, an increase of 11.1 percent from August 2021 and an increase of 19.7percent from September 2020. Revenue for January through September 2021 totaled NT$1,149.23 billion, an increase of 17.5 percent compared to the same period in 2020.</p><p><blockquote>台积电今日公布2021年9月营收净额：合并口径下，2021年9月营收约新台币1526.9亿元，较2021年8月增长11.1%，较2020年9月增长19.7%。2021年1-9月营收总额为新台币11492.3亿元，较2020年同期增长17.5%。</blockquote></p><p> <img src=\"https://static.tigerbbs.com/0e96c974ad4da3a78c740065da212fc0\" tg-width=\"746\" tg-height=\"152\" width=\"100%\" height=\"auto\"></p><p><blockquote></blockquote></p><p></p>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"TSM":"台积电"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1138936175","content_text":"TSMC today announced its net revenue for September 2021: On a consolidated basis, revenue for September 2021 was approximately NT$152.69 billion, an increase of 11.1 percent from August 2021 and an increase of 19.7percent from September 2020. Revenue for January through September 2021 totaled NT$1,149.23 billion, an increase of 17.5 percent compared to the same period in 2020.","news_type":1,"symbols_score_info":{"TSM":0.9}},"isVote":1,"tweetType":1,"viewCount":3692,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":829992402,"gmtCreate":1633448297350,"gmtModify":1633448314053,"author":{"id":"3573639773544520","authorId":"3573639773544520","name":"oneplus374","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3573639773544520","idStr":"3573639773544520"},"themes":[],"htmlText":"please like!","listText":"please like!","text":"please like!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":4,"repostSize":0,"link":"https://laohu8.com/post/829992402","repostId":"2173151429","repostType":4,"isVote":1,"tweetType":1,"viewCount":1721,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":860417857,"gmtCreate":1632197835679,"gmtModify":1632802119523,"author":{"id":"3573639773544520","authorId":"3573639773544520","name":"oneplus374","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3573639773544520","idStr":"3573639773544520"},"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/860417857","repostId":"1102179356","repostType":4,"isVote":1,"tweetType":1,"viewCount":1438,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":860895464,"gmtCreate":1632150283958,"gmtModify":1632802489442,"author":{"id":"3573639773544520","authorId":"3573639773544520","name":"oneplus374","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3573639773544520","idStr":"3573639773544520"},"themes":[],"htmlText":"please like!","listText":"please like!","text":"please like!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":8,"commentSize":3,"repostSize":0,"link":"https://laohu8.com/post/860895464","repostId":"1194891884","repostType":4,"repost":{"id":"1194891884","kind":"news","pubTimestamp":1632091615,"share":"https://www.laohu8.com/m/news/1194891884?lang=zh_CN&edition=full","pubTime":"2021-09-20 06:46","market":"us","language":"en","title":"Nike, Costco, FedEx, Salesforce, and Other Stocks for Investors to Watch This Week<blockquote>耐克、好市多、联邦快递、Salesforce和其他本周值得投资者关注的股票</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1194891884","media":"Barrons","summary":"The main event this week will be the Federal Reserve’s September policy meeting. Investors will also","content":"<p>The main event this week will be the Federal Reserve’s September policy meeting. Investors will also be watching for several corporate earnings releases, investor days, and the latest economic data.</p><p><blockquote>本周重头戏将是美联储9月政策会议。投资者还将关注多家企业财报发布、投资者日和最新经济数据。</blockquote></p><p> Lennar reports quarterly earnings on Monday, followed by results from Adobe, AutoZone, and FedEx on Tuesday. General Mills goes on Wednesday, then Nike, Accenture, Costco Wholesale, and Darden Restaurants report on Thursday. Investor days this week include Biogen on Tuesday, Weyerhaeuser on Wednesday, and Salesforce.com on Thursday.</p><p><blockquote>Lennar将于周一公布季度收益，随后Adobe、AutoZone和FedEx将于周二公布业绩。通用磨坊周三上市，然后耐克、埃森哲、好市多批发和达顿餐厅周四上市。本周的投资者日包括周二的Biogen、周三的Weyerhaeuser和周四的Salesforce。</blockquote></p><p> The Federal Reserve’s monetary policy committee meets on Tuesday and Wednesday this week. The central bank is unlikely to change its target interest rate range, but could give an update on its plans to begin reducing its monthly asset purchases. Wednesday afternoon’s press conference with Fed chair Jerome Powell will be closely watched.</p><p><blockquote>美联储货币政策委员会将于本周周二和周三召开会议。央行不太可能改变其目标利率区间，但可能会更新其开始减少每月资产购买的计划。周三下午美联储主席杰罗姆·鲍威尔的新闻发布会将受到密切关注。</blockquote></p><p> Economic data out this week include the Conference Board’s Leading Economic Index for August on Thursday. There will also be several updates on the U.S. housing market including the National Association of Home Builders’ Housing Market Index for September on Monday, the Census Bureau’s new residential construction data for August on Tuesday, and the National Association of Realtors’ existing-home sales for August on Wednesday.</p><p><blockquote>本周公布的经济数据包括周四公布的世界大型企业联合会8月份领先经济指数。美国房地产市场还将发布多项更新，包括周一全国住宅建筑商协会9月份住房市场指数、周二人口普查局8月份新住宅建设数据以及全国房地产经纪人协会现房销售数据。周三八月。</blockquote></p><p> <b>Monday 9/20</b></p><p><blockquote><b>星期一9/20</b></blockquote></p><p> Lennar reports third-quarter fiscal-2021 results.</p><p><blockquote>Lennar报告2021财年第三季度业绩。</blockquote></p><p> Merck presents data on its portfolio of cancer drugs, in conjunction with the European Society for Medical Oncology’s 2021 Congress.</p><p><blockquote>默克公司在欧洲肿瘤内科学会2021年大会上展示了其癌症药物组合的数据。</blockquote></p><p> <b>The National Association</b> of Home Builders releases its Housing Market Index for September. Economists forecast a 73 reading, two points below August’s figure, which was the lowest in more than a year.</p><p><blockquote><b>全国协会</b>房屋建筑商协会发布了9月份的房地产市场指数。经济学家预测为73，比8月份的数据低两个百分点，这是一年多来的最低水平。</blockquote></p><p> <b>Tuesday 9/21</b></p><p><blockquote><b>星期二9/21</b></blockquote></p><p> Adobe, AutoZone, and FedEx release earnings.</p><p><blockquote>Adobe、AutoZone和FedEx发布财报。</blockquote></p><p> Biogen hosts an investor day to discuss its pipeline of neuroscience therapeutics.</p><p><blockquote>百健(Biogen)举办投资者日活动，讨论其神经科学治疗产品线。</blockquote></p><p> <b>The Census Bureau</b> reports on new residential construction for August. Consensus estimate is for a seasonally adjusted annual rate of 1.55 million housing starts, 1% higher than the July level. Housing starts are down from their post–financial crisis peak of 1.725 million, reached in March of this year.</p><p><blockquote><b>人口普查局</b>八月份新住宅建设报告。市场普遍估计，经季节调整后的新屋开工年率为155万套，比7月份的水平高出1%。新屋开工量较今年3月达到的金融危机后172.5万套的峰值有所下降。</blockquote></p><p> <b>Wednesday 9/22</b></p><p><blockquote><b>9/22星期三</b></blockquote></p><p> <b>The FOMC announces</b> its monetary-policy decision. The Federal Reserve is likely to keep the federal-funds rate unchanged at near zero, but might signal that it will pare its asset purchases later this year.</p><p><blockquote><b>FOMC宣布</b>它的货币政策决定。美联储可能会将联邦基金利率维持在接近零的水平不变，但可能会暗示将在今年晚些时候削减资产购买。</blockquote></p><p> General Mills reports first-quarter fiscal-2022 results.</p><p><blockquote>通用磨坊公布2022财年第一季度业绩。</blockquote></p><p> Boston Scientific,Weyerhaeuser, and Yum China Holdings host their 2021 investor days.</p><p><blockquote>波士顿科学、惠好和百胜中国控股举办2021年投资者日。</blockquote></p><p> <b>TheBank of Japan</b> announces its monetary-policy decision. The BOJ is widely expected to keep its key short-term interest rate unchanged at minus 0.1%, as Tokyo and other regions remain in a state of emergency through the end of September due to the Covid-19 Delta variant.</p><p><blockquote><b>日本银行</b>宣布其货币政策决定。市场普遍预计日本央行将把关键短期利率维持在负0.1%不变，因为由于Covid-19德尔塔变异毒株，东京都和其他地区在9月底之前仍处于紧急状态。</blockquote></p><p> <b>The National Association</b> of Realtors reports existing-home sales for August. Expectations are for a seasonally adjusted annual rate of 578,000 homes sold, down 3.5% from July’s 599,000.</p><p><blockquote><b>全国协会</b>房地产经纪人报告8月份现房销售情况。预计经季节调整后的房屋销售量为578,000套，比7月份的599,000套下降3.5%。</blockquote></p><p> <b>Thursday 9/23</b></p><p><blockquote><b>星期四9/23</b></blockquote></p><p> Accenture, Costco Wholesale, Darden Restaurants, and Nike hold conference calls to discuss their quarterly results.</p><p><blockquote>Accenture、Costco Wholesale、Darden Restaurants和Nike在评级召开会议讨论季度业绩。</blockquote></p><p> Salesforce.com holds its 2021 investor day. CEO Marc Benioff and Slack CEO Stewart Butterfield will be among the participants. Salesforce completed its $28 billion acquisition of Slack this summer.</p><p><blockquote>Salesforce.com举办2021年投资者日。首席执行官马克·贝尼奥夫和Slack首席执行官斯图尔特·巴特菲尔德将是参与者之一。Salesforce今年夏天完成了对Slack的280亿美元收购。</blockquote></p><p> <b>The Conference Board</b> releases its Leading Economic Index for August. Economists forecast a 0.5% month-over-month rise, after a 0.9% increase in July. The Conference Board currently projects 6% gross-domestic-product growth for 2021, and 4% for 2022.</p><p><blockquote><b>世界大型企业联合会</b>发布8月份领先经济指数。经济学家预测环比增长0.5%，7月份增长0.9%。世界大型企业联合会目前预计2021年国内生产总值增长6%，2022年增长4%。</blockquote></p><p> <b>Friday 9/24</b></p><p><blockquote><b>星期五9/24</b></blockquote></p><p> Kansas City Southernhosts a special shareholder meeting to vote on a proposed merger withCanadian Pacific Railway.</p><p><blockquote>堪萨斯城南方铁路公司召开特别股东大会，就与加拿大太平洋铁路公司的合并提案进行投票。</blockquote></p><p></p>","source":"lsy1601382232898","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Nike, Costco, FedEx, Salesforce, and Other Stocks for Investors to Watch This Week<blockquote>耐克、好市多、联邦快递、Salesforce和其他本周值得投资者关注的股票</blockquote></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: 12.5px; color: #7E829C; margin: 0;}\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\">\nNike, Costco, FedEx, Salesforce, and Other Stocks for Investors to Watch This Week<blockquote>耐克、好市多、联邦快递、Salesforce和其他本周值得投资者关注的股票</blockquote>\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">Barrons</strong><span class=\"h-time small\">2021-09-20 06:46</span>\n</p>\n</h4>\n</header>\n<article>\n<p>The main event this week will be the Federal Reserve’s September policy meeting. Investors will also be watching for several corporate earnings releases, investor days, and the latest economic data.</p><p><blockquote>本周重头戏将是美联储9月政策会议。投资者还将关注多家企业财报发布、投资者日和最新经济数据。</blockquote></p><p> Lennar reports quarterly earnings on Monday, followed by results from Adobe, AutoZone, and FedEx on Tuesday. General Mills goes on Wednesday, then Nike, Accenture, Costco Wholesale, and Darden Restaurants report on Thursday. Investor days this week include Biogen on Tuesday, Weyerhaeuser on Wednesday, and Salesforce.com on Thursday.</p><p><blockquote>Lennar将于周一公布季度收益，随后Adobe、AutoZone和FedEx将于周二公布业绩。通用磨坊周三上市，然后耐克、埃森哲、好市多批发和达顿餐厅周四上市。本周的投资者日包括周二的Biogen、周三的Weyerhaeuser和周四的Salesforce。</blockquote></p><p> The Federal Reserve’s monetary policy committee meets on Tuesday and Wednesday this week. The central bank is unlikely to change its target interest rate range, but could give an update on its plans to begin reducing its monthly asset purchases. Wednesday afternoon’s press conference with Fed chair Jerome Powell will be closely watched.</p><p><blockquote>美联储货币政策委员会将于本周周二和周三召开会议。央行不太可能改变其目标利率区间，但可能会更新其开始减少每月资产购买的计划。周三下午美联储主席杰罗姆·鲍威尔的新闻发布会将受到密切关注。</blockquote></p><p> Economic data out this week include the Conference Board’s Leading Economic Index for August on Thursday. There will also be several updates on the U.S. housing market including the National Association of Home Builders’ Housing Market Index for September on Monday, the Census Bureau’s new residential construction data for August on Tuesday, and the National Association of Realtors’ existing-home sales for August on Wednesday.</p><p><blockquote>本周公布的经济数据包括周四公布的世界大型企业联合会8月份领先经济指数。美国房地产市场还将发布多项更新，包括周一全国住宅建筑商协会9月份住房市场指数、周二人口普查局8月份新住宅建设数据以及全国房地产经纪人协会现房销售数据。周三八月。</blockquote></p><p> <b>Monday 9/20</b></p><p><blockquote><b>星期一9/20</b></blockquote></p><p> Lennar reports third-quarter fiscal-2021 results.</p><p><blockquote>Lennar报告2021财年第三季度业绩。</blockquote></p><p> Merck presents data on its portfolio of cancer drugs, in conjunction with the European Society for Medical Oncology’s 2021 Congress.</p><p><blockquote>默克公司在欧洲肿瘤内科学会2021年大会上展示了其癌症药物组合的数据。</blockquote></p><p> <b>The National Association</b> of Home Builders releases its Housing Market Index for September. Economists forecast a 73 reading, two points below August’s figure, which was the lowest in more than a year.</p><p><blockquote><b>全国协会</b>房屋建筑商协会发布了9月份的房地产市场指数。经济学家预测为73，比8月份的数据低两个百分点，这是一年多来的最低水平。</blockquote></p><p> <b>Tuesday 9/21</b></p><p><blockquote><b>星期二9/21</b></blockquote></p><p> Adobe, AutoZone, and FedEx release earnings.</p><p><blockquote>Adobe、AutoZone和FedEx发布财报。</blockquote></p><p> Biogen hosts an investor day to discuss its pipeline of neuroscience therapeutics.</p><p><blockquote>百健(Biogen)举办投资者日活动，讨论其神经科学治疗产品线。</blockquote></p><p> <b>The Census Bureau</b> reports on new residential construction for August. Consensus estimate is for a seasonally adjusted annual rate of 1.55 million housing starts, 1% higher than the July level. Housing starts are down from their post–financial crisis peak of 1.725 million, reached in March of this year.</p><p><blockquote><b>人口普查局</b>八月份新住宅建设报告。市场普遍估计，经季节调整后的新屋开工年率为155万套，比7月份的水平高出1%。新屋开工量较今年3月达到的金融危机后172.5万套的峰值有所下降。</blockquote></p><p> <b>Wednesday 9/22</b></p><p><blockquote><b>9/22星期三</b></blockquote></p><p> <b>The FOMC announces</b> its monetary-policy decision. The Federal Reserve is likely to keep the federal-funds rate unchanged at near zero, but might signal that it will pare its asset purchases later this year.</p><p><blockquote><b>FOMC宣布</b>它的货币政策决定。美联储可能会将联邦基金利率维持在接近零的水平不变，但可能会暗示将在今年晚些时候削减资产购买。</blockquote></p><p> General Mills reports first-quarter fiscal-2022 results.</p><p><blockquote>通用磨坊公布2022财年第一季度业绩。</blockquote></p><p> Boston Scientific,Weyerhaeuser, and Yum China Holdings host their 2021 investor days.</p><p><blockquote>波士顿科学、惠好和百胜中国控股举办2021年投资者日。</blockquote></p><p> <b>TheBank of Japan</b> announces its monetary-policy decision. The BOJ is widely expected to keep its key short-term interest rate unchanged at minus 0.1%, as Tokyo and other regions remain in a state of emergency through the end of September due to the Covid-19 Delta variant.</p><p><blockquote><b>日本银行</b>宣布其货币政策决定。市场普遍预计日本央行将把关键短期利率维持在负0.1%不变，因为由于Covid-19德尔塔变异毒株，东京都和其他地区在9月底之前仍处于紧急状态。</blockquote></p><p> <b>The National Association</b> of Realtors reports existing-home sales for August. Expectations are for a seasonally adjusted annual rate of 578,000 homes sold, down 3.5% from July’s 599,000.</p><p><blockquote><b>全国协会</b>房地产经纪人报告8月份现房销售情况。预计经季节调整后的房屋销售量为578,000套，比7月份的599,000套下降3.5%。</blockquote></p><p> <b>Thursday 9/23</b></p><p><blockquote><b>星期四9/23</b></blockquote></p><p> Accenture, Costco Wholesale, Darden Restaurants, and Nike hold conference calls to discuss their quarterly results.</p><p><blockquote>Accenture、Costco Wholesale、Darden Restaurants和Nike在评级召开会议讨论季度业绩。</blockquote></p><p> Salesforce.com holds its 2021 investor day. CEO Marc Benioff and Slack CEO Stewart Butterfield will be among the participants. Salesforce completed its $28 billion acquisition of Slack this summer.</p><p><blockquote>Salesforce.com举办2021年投资者日。首席执行官马克·贝尼奥夫和Slack首席执行官斯图尔特·巴特菲尔德将是参与者之一。Salesforce今年夏天完成了对Slack的280亿美元收购。</blockquote></p><p> <b>The Conference Board</b> releases its Leading Economic Index for August. Economists forecast a 0.5% month-over-month rise, after a 0.9% increase in July. The Conference Board currently projects 6% gross-domestic-product growth for 2021, and 4% for 2022.</p><p><blockquote><b>世界大型企业联合会</b>发布8月份领先经济指数。经济学家预测环比增长0.5%，7月份增长0.9%。世界大型企业联合会目前预计2021年国内生产总值增长6%，2022年增长4%。</blockquote></p><p> <b>Friday 9/24</b></p><p><blockquote><b>星期五9/24</b></blockquote></p><p> Kansas City Southernhosts a special shareholder meeting to vote on a proposed merger withCanadian Pacific Railway.</p><p><blockquote>堪萨斯城南方铁路公司召开特别股东大会，就与加拿大太平洋铁路公司的合并提案进行投票。</blockquote></p><p></p>\n<div class=\"bt-text\">\n\n\n<p> 来源：<a href=\"https://www.barrons.com/articles/nike-costco-fedex-salesforce-and-other-stocks-for-investors-to-watch-this-week-51632078208?mod=hp_LEAD_2\">Barrons</a></p>\n<p>为提升您的阅读体验，我们对本页面进行了排版优化</p>\n\n\n</div>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"FDX":"联邦快递","ADBE":"Adobe","COST":"好市多","CRM":"赛富时","NKE":"耐克",".DJI":"道琼斯",".SPX":"S&P 500 Index",".IXIC":"NASDAQ Composite"},"source_url":"https://www.barrons.com/articles/nike-costco-fedex-salesforce-and-other-stocks-for-investors-to-watch-this-week-51632078208?mod=hp_LEAD_2","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1194891884","content_text":"The main event this week will be the Federal Reserve’s September policy meeting. Investors will also be watching for several corporate earnings releases, investor days, and the latest economic data.\nLennar reports quarterly earnings on Monday, followed by results from Adobe, AutoZone, and FedEx on Tuesday. General Mills goes on Wednesday, then Nike, Accenture, Costco Wholesale, and Darden Restaurants report on Thursday. Investor days this week include Biogen on Tuesday, Weyerhaeuser on Wednesday, and Salesforce.com on Thursday.\nThe Federal Reserve’s monetary policy committee meets on Tuesday and Wednesday this week. The central bank is unlikely to change its target interest rate range, but could give an update on its plans to begin reducing its monthly asset purchases. Wednesday afternoon’s press conference with Fed chair Jerome Powell will be closely watched.\nEconomic data out this week include the Conference Board’s Leading Economic Index for August on Thursday. There will also be several updates on the U.S. housing market including the National Association of Home Builders’ Housing Market Index for September on Monday, the Census Bureau’s new residential construction data for August on Tuesday, and the National Association of Realtors’ existing-home sales for August on Wednesday.\nMonday 9/20\nLennar reports third-quarter fiscal-2021 results.\nMerck presents data on its portfolio of cancer drugs, in conjunction with the European Society for Medical Oncology’s 2021 Congress.\nThe National Association of Home Builders releases its Housing Market Index for September. Economists forecast a 73 reading, two points below August’s figure, which was the lowest in more than a year.\nTuesday 9/21\nAdobe, AutoZone, and FedEx release earnings.\nBiogen hosts an investor day to discuss its pipeline of neuroscience therapeutics.\nThe Census Bureau reports on new residential construction for August. Consensus estimate is for a seasonally adjusted annual rate of 1.55 million housing starts, 1% higher than the July level. Housing starts are down from their post–financial crisis peak of 1.725 million, reached in March of this year.\nWednesday 9/22\nThe FOMC announces its monetary-policy decision. The Federal Reserve is likely to keep the federal-funds rate unchanged at near zero, but might signal that it will pare its asset purchases later this year.\nGeneral Mills reports first-quarter fiscal-2022 results.\nBoston Scientific,Weyerhaeuser, and Yum China Holdings host their 2021 investor days.\nTheBank of Japan announces its monetary-policy decision. The BOJ is widely expected to keep its key short-term interest rate unchanged at minus 0.1%, as Tokyo and other regions remain in a state of emergency through the end of September due to the Covid-19 Delta variant.\nThe National Association of Realtors reports existing-home sales for August. Expectations are for a seasonally adjusted annual rate of 578,000 homes sold, down 3.5% from July’s 599,000.\nThursday 9/23\nAccenture, Costco Wholesale, Darden Restaurants, and Nike hold conference calls to discuss their quarterly results.\nSalesforce.com holds its 2021 investor day. CEO Marc Benioff and Slack CEO Stewart Butterfield will be among the participants. Salesforce completed its $28 billion acquisition of Slack this summer.\nThe Conference Board releases its Leading Economic Index for August. Economists forecast a 0.5% month-over-month rise, after a 0.9% increase in July. The Conference Board currently projects 6% gross-domestic-product growth for 2021, and 4% for 2022.\nFriday 9/24\nKansas City Southernhosts a special shareholder meeting to vote on a proposed merger withCanadian Pacific Railway.","news_type":1,"symbols_score_info":{".DJI":0.9,"COST":0.9,"CRM":0.9,"NKE":0.9,"FDX":0.9,".SPX":0.9,"ADBE":0.9,".IXIC":0.9}},"isVote":1,"tweetType":1,"viewCount":2337,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":884764717,"gmtCreate":1631935215539,"gmtModify":1632805223326,"author":{"id":"3573639773544520","authorId":"3573639773544520","name":"oneplus374","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3573639773544520","idStr":"3573639773544520"},"themes":[],"htmlText":"please like!","listText":"please like!","text":"please like!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":8,"commentSize":4,"repostSize":0,"link":"https://laohu8.com/post/884764717","repostId":"2168716185","repostType":4,"isVote":1,"tweetType":1,"viewCount":2624,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":884189633,"gmtCreate":1631867223822,"gmtModify":1632805699574,"author":{"id":"3573639773544520","authorId":"3573639773544520","name":"oneplus374","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3573639773544520","idStr":"3573639773544520"},"themes":[],"htmlText":"please like!","listText":"please like!","text":"please like!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/884189633","repostId":"1176866095","repostType":4,"isVote":1,"tweetType":1,"viewCount":1695,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":884189044,"gmtCreate":1631867198688,"gmtModify":1632805699816,"author":{"id":"3573639773544520","authorId":"3573639773544520","name":"oneplus374","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3573639773544520","idStr":"3573639773544520"},"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/884189044","repostId":"1189843549","repostType":4,"repost":{"id":"1189843549","kind":"news","pubTimestamp":1631864545,"share":"https://www.laohu8.com/m/news/1189843549?lang=zh_CN&edition=full","pubTime":"2021-09-17 15:42","market":"us","language":"en","title":"AMD Stock: Strong Momentum And Path To Strong Compounded Annual Returns<blockquote>AMD股票：强劲的势头和强劲的复合年回报之路</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1189843549","media":"Seeking Alpha","summary":"Summary\n\nIn the dark days of 2015 and 2016, AMD traded for less than $3 and the company was loaded d","content":"<p><b>Summary</b></p><p><blockquote><b>总结</b></blockquote></p><p> <ul> <li>In the dark days of 2015 and 2016, AMD traded for less than $3 and the company was loaded down with junk bonds.</li> <li>Today, AMD's tech is getting positive reviews, the balance sheet is cleaned up, and there are big opportunities to continue grabbing market share in data centers.</li> <li>AMD just raised revenue and margin guidance, with some analysts expecting AMD to earn as much as $7 per share by 2024.</li> <li>Why momentum investing works and how to execute it with AMD.</li> </ul> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/ad09afc88b98d84d101279ec2e71adec\" tg-width=\"1536\" tg-height=\"896\" width=\"100%\" height=\"auto\"><span>vchal/iStock via Getty Images</span></p><p><blockquote><ul><li>在2015年和2016年的黑暗日子里，AMD的交易价格不到3美元，该公司还背负着垃圾债券。</li><li>如今，AMD的技术得到了积极的评价，资产负债表得到了清理，并且有很大的机会继续抢占数据中心的市场份额。</li><li>AMD刚刚上调了营收和利润率指引，一些分析师预计AMD到2024年每股收益将高达7美元。</li><li>为什么动量投资有效以及如何与AMD一起执行。</li></ul><p class=\"t-img-caption\"><span>vchal/iStock来自Getty Images</span></p></blockquote></p><p> Advanced Micro Devices, Inc., better known as AMD, is one of the most popular NASDAQ stocks over the past few years with young investors, many of whom are into cryptocurrency and/or gaming. CEO Lisa Su took over in 2014, bringing both world-class engineering knowledge and business street smarts to the company. AMD quickly diversified into new product lines and has since gotten plenty of positive press for offering performance at a reasonable price. If you look at a long-run price graph of AMD, you'll see that it's a very boom and bust stock, obviously, the semiconductor business is cyclical, but the previous management had a habit of overleveraging the company, causing returns to be lower than they would be otherwise because much of the return went to creditors and not shareholders. Now AMD has a bunch of positive momentum, both in the share price and the business. Will AMD keep winning? I believe so, and I'll explain why.</p><p><blockquote>Advanced Micro Devices，Inc.，更广为人知的名字是AMD，是过去几年最受年轻投资者欢迎的纳斯达克股票之一，其中许多人对加密货币和/或游戏感兴趣。首席执行官Lisa Su于2014年接任，为公司带来了世界一流的工程知识和商业智慧。AMD迅速多元化到新的产品线，并因以合理的价格提供性能而获得了大量正面报道。如果你看一下AMD的长期价格图表，你会发现这是一只非常繁荣和萧条的股票，显然，半导体业务是周期性的，但前任管理层有过度利用公司杠杆的习惯，导致回报低于其他情况，因为大部分回报都流向了债权人而不是股东。现在AMD在股价和业务方面都有很多积极的势头。AMD会继续获胜吗？我相信是的，我会解释原因。</blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/79d63abb98a3a3779a37169300fade7a\" tg-width=\"635\" tg-height=\"417\" width=\"100%\" height=\"auto\"><span>Data by YCharts</span></p><p><blockquote><p class=\"t-img-caption\"><span>数据来自YCharts</span></p></blockquote></p><p></p><p> <ul> <li>In the past, lack of diversification and too much leverage forced AMD to raise capital during down cycles through junk bonds, often via convertible debt. Convertible debt is expensive because it generally pays interest and dilutes shareholders. As a general rule, convertible debt is generally preferred by savvy high-net-worth investors and institutions while retail investors tend to assume the common stock represents the whole company (it doesn't) and allow Wall Street to take free shots at them. Convertible debt tends to be issued by companies with low credit ratings and/or speculative business prospects. AMD and other chip companies like Micron (MU) have greatly improved their financial position over time, leading to the convertible debt no longer being necessary in many cases. The new generation of management teams at semiconductors has figured out how to manage risk and leverage better, allowing them to firmly take advantage of one of the biggest growth opportunities for any industry in the 21st century. You can get around the problem of overleverage, in general, by investing in the stocks of companies that have at least investment-grade credit ratings (research showst he returns tend to be better anyway for companies with strong credit ratings). AMD's hard work in diversifying the business and reducing debt has paid off, and the company now has an investment-grade credit rating. I would expect the markets to offer AMD capital at lower and lower rates relative to the market at large, bringing a virtuous circle that should act as a great tailwind going forward.</li> <li>AMD has announced that they are acquiring chipmaker Xilinx (XLNX), and the consensus opinion seems to be that it's a good deal from a strategic standpoint (some deal analysis here). The deal may or may not actually close though, and Chinese regulators need to approve the deal. If the deal doesn't close, I don't view it as posing a large price risk to AMD, but it would be a nice kicker.</li> <li>The party may just be getting started. A recent piece in Barron's suggested that AMD could earn over $7 per share in 2024 if the company reinvests some of its profit in the business.</li> <li>Management may be being fairly conservative with their earnings guidance, as evidenced by how much the company has crushed earnings estimates in recent quarters. Most analysts only have estimates going out to 2023, but they do have AMD growing earnings by 20+ percent annually each year. I think these estimates are too low, and AMD stock should appreciate more or less in line with earnings growth. $3.50 in 2022 earnings and a 36x multiple would imply a 12-month price target of roughly $126 for AMD (20 percent upside), with more upside to come if they can get the supply chain caught up.</li> <li>AMD believes data centers are a $30 billion-plus annual total-addressable-market opportunity. As was noted on the mostrecent conference call, AMD is steadily pulling market share for the server category, which includes data centers. The idea here is that AMD has built superior technology than Intel (INTC) over the past few years, forcing Intel to play catch-up (which takes a long time in the tech space) and giving AMD a chance to press its advantage.</li> <li>AMD outsources manufacturing to Taiwan, which does create risk for the company if the China/Taiwan geopolitical situation changes. Additionally, the Xilinx acquisition requires Chinese approval, meaning that AMD has risk from a couple of different angles from China. So far, thechip shortage has somewhat constrained AMD's ability to supply the market, with lead times higher there than with their competitors. On the flip side, if the chip shortage does ease, this could be a positive catalyst for the company.</li> <li>Intel is the elephant in the semiconductor industry, but AMD has outmaneuvered Intel at every turn so far since Lisa Su took over. Intel stock offers a much lower price to earnings multiple than AMD, but lower growth prospects.Recent newsis that Intel is willing to cut server CPU prices to win business back, but the AMD chips compare favorably on performance and energy consumption. Winning semiconductor market share is more than cutting prices, if you sell cheap chips that are inefficient and cause your customers to have to spend more on electricity, then cutting prices isn't going to help you as much as you think. Due to the ongoing carrying costs of data centers, AMD can win market share by building technology alone, no matter what pricing strategy their competitors do.</li> <li>There are macro and micro risks to AMD. The macro risks are well-known and mainly relate to geopolitics, supply chain issues, and the global economy at large. The micro issues with AMD often relate to its perpetual status as the underdog. Intel, for example, has a greater market share and more R&D resources, but AMD has gained an advantage in technology over them.</p><p><blockquote><ul><li>过去，缺乏多元化和杠杆率过高迫使AMD在下行周期通过垃圾债券（通常是可转换债券）筹集资金。可转换债券价格昂贵，因为它通常会支付利息并稀释股东权益。一般来说，精明的高净值投资者和机构通常更喜欢可转换债券，而散户投资者则倾向于认为普通股代表整个公司（事实并非如此），并允许华尔街随意攻击它们。可转换债务往往由信用评级低和/或投机性业务前景的公司发行。随着时间的推移，AMD和美光科技(MU)等其他芯片公司的财务状况大大改善，导致在许多情况下不再需要可转换债务。半导体公司的新一代管理团队已经想出了如何更好地管理风险和杠杆，使他们能够牢牢抓住21世纪任何行业最大的增长机会之一。一般来说，你可以通过投资至少具有投资级信用评级的公司的股票来解决杠杆率过高的问题（研究表明，信用评级高的公司的回报往往更好）。AMD在业务多元化和减少债务方面的努力得到了回报，该公司现在拥有投资级信用评级。我预计市场将以相对于整个市场越来越低的利率向AMD提供资本，从而带来良性循环，这应该会成为未来的巨大推动力。</li><li>AMD宣布他们将收购芯片制造商Xilinx(XLNX)，从战略角度来看，共识似乎是这是一笔不错的交易（这里有一些交易分析）。不过，该交易可能会也可能不会真正完成，中国监管机构需要批准该交易。如果交易没有完成，我不认为这会给AMD带来很大的价格风险，但这将是一个很好的机会。</li><li>派对可能才刚刚开始。《巴伦周刊》最近的一篇文章表明，如果AMD将部分利润再投资于该业务，该公司到2024年每股收益可能会超过7美元。</li><li>管理层的盈利指引可能相当保守，该公司最近几个季度的盈利预期大幅下降就证明了这一点。大多数分析师只预测到2023年，但他们确实认为AMD的盈利每年增长20%以上。我认为这些估计太低了，AMD股票应该或多或少地随着盈利增长而升值。2022年的盈利为3.50美元，市盈率为36倍，这意味着AMD的12个月目标价约为126美元（上涨20%），如果他们能够赶上供应链，还会有更多上涨空间。</li><li>AMD认为，数据中心是一个每年超过300亿美元的潜在市场机会。正如最近的电话会议所指出的，AMD正在稳步提升包括数据中心在内的服务器类别的市场份额。这里的想法是，AMD在过去几年中建立了比英特尔(INTC)更优越的技术，迫使英特尔迎头赶上（这在技术领域需要很长时间），并给AMD一个发挥优势的机会。</li><li>AMD将制造外包给台湾，如果中国/台湾地缘政治局势发生变化，这确实会给该公司带来风险。此外，收购赛灵思需要中国的批准，这意味着AMD面临着来自中国的几个不同角度的风险。到目前为止，芯片短缺在一定程度上限制了AMD供应市场的能力，其交货时间高于竞争对手。另一方面，如果芯片短缺确实缓解，这可能会成为该公司的积极催化剂。</li><li>英特尔是半导体行业的大象，但自从苏姿丰接手以来，AMD在每一个转折点上都胜过了英特尔。英特尔股票的市盈率远低于AMD，但增长前景较低。最近有消息称，英特尔愿意降低服务器CPU价格以赢回业务，但AMD芯片在性能和能耗方面更具优势。赢得半导体市场份额不仅仅是降价，如果你销售效率低下的廉价芯片，并导致你的客户不得不在电力上花费更多，那么降价不会像你想象的那样帮助你。由于数据中心的持续承载成本，AMD可以仅通过构建技术来赢得市场份额，无论他们的竞争对手采取什么定价策略。</li><li>AMD存在宏观和微观风险。宏观风险是众所周知的，主要与地缘政治、供应链问题和全球经济有关。AMD的微观问题往往与其永久的失败者地位有关。以英特尔为例，它拥有更大的市场份额和更多的研发资源，但AMD在技术上比他们获得了优势。</li></ul></blockquote></p><p></p><p> Academic research generally holds that investors underreact to success when pricing the stocks of winning businesses. This has to do with behavioral finance factors, like investors taking their profits and spending them while holding losing stocks (known as the disposition effect), as well as business factors (good managements tend to keep winning). This leads to returns above 20 percent annually for winning stocks in many cases. While the semiconductor business is cyclical, meaning that AMD shareholders may want to sell when the cycle inevitably turns again, AMD is one of the cleanest momentum stocks on the market right now.</p><p><blockquote>学术研究普遍认为，投资者在为获胜企业的股票定价时，对成功反应不足。这与行为金融因素有关，例如投资者在持有亏损股票的同时获利并支出（称为处置效应），以及商业因素（良好的管理层往往会持续获胜）。在许多情况下，这导致获胜股票的年回报率超过20%。虽然半导体业务具有周期性，这意味着当周期不可避免地再次转向时，AMD股东可能希望出售，但AMD是目前市场上最干净的动量股票之一。</blockquote></p><p> I wouldn't be surprised in the least if the company rises another 20-25 percent from here in the next 12 months. If the Barron's earnings call is correct, AMD should trade close to $200 by 2024 if the PE can remain at least in the 28-30x range, for an annual compound return of roughly 25 percent. While there are risks related to the semiconductor cycle, geopolitics, and competition, AMD seems to be one of the best buys in tech today.</p><p><blockquote>如果该公司在未来12个月内再上涨20-25%，我一点也不会感到惊讶。如果《巴伦周刊》的盈利看涨期权是正确的，如果市盈率至少保持在28-30倍的范围内，AMD的年复合回报率约为25%，到2024年，AMD的交易价格应该会接近200美元。尽管存在与半导体周期、地缘政治和竞争相关的风险，但AMD似乎是当今科技领域最值得买入的股票之一。</blockquote></p><p></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>AMD Stock: Strong Momentum And Path To Strong Compounded Annual Returns<blockquote>AMD股票：强劲的势头和强劲的复合年回报之路</blockquote></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: 12.5px; color: #7E829C; margin: 0;}\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\">\nAMD Stock: Strong Momentum And Path To Strong Compounded Annual Returns<blockquote>AMD股票：强劲的势头和强劲的复合年回报之路</blockquote>\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">Seeking Alpha</strong><span class=\"h-time small\">2021-09-17 15:42</span>\n</p>\n</h4>\n</header>\n<article>\n<p><b>Summary</b></p><p><blockquote><b>总结</b></blockquote></p><p> <ul> <li>In the dark days of 2015 and 2016, AMD traded for less than $3 and the company was loaded down with junk bonds.</li> <li>Today, AMD's tech is getting positive reviews, the balance sheet is cleaned up, and there are big opportunities to continue grabbing market share in data centers.</li> <li>AMD just raised revenue and margin guidance, with some analysts expecting AMD to earn as much as $7 per share by 2024.</li> <li>Why momentum investing works and how to execute it with AMD.</li> </ul> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/ad09afc88b98d84d101279ec2e71adec\" tg-width=\"1536\" tg-height=\"896\" width=\"100%\" height=\"auto\"><span>vchal/iStock via Getty Images</span></p><p><blockquote><ul><li>在2015年和2016年的黑暗日子里，AMD的交易价格不到3美元，该公司还背负着垃圾债券。</li><li>如今，AMD的技术得到了积极的评价，资产负债表得到了清理，并且有很大的机会继续抢占数据中心的市场份额。</li><li>AMD刚刚上调了营收和利润率指引，一些分析师预计AMD到2024年每股收益将高达7美元。</li><li>为什么动量投资有效以及如何与AMD一起执行。</li></ul><p class=\"t-img-caption\"><span>vchal/iStock来自Getty Images</span></p></blockquote></p><p> Advanced Micro Devices, Inc., better known as AMD, is one of the most popular NASDAQ stocks over the past few years with young investors, many of whom are into cryptocurrency and/or gaming. CEO Lisa Su took over in 2014, bringing both world-class engineering knowledge and business street smarts to the company. AMD quickly diversified into new product lines and has since gotten plenty of positive press for offering performance at a reasonable price. If you look at a long-run price graph of AMD, you'll see that it's a very boom and bust stock, obviously, the semiconductor business is cyclical, but the previous management had a habit of overleveraging the company, causing returns to be lower than they would be otherwise because much of the return went to creditors and not shareholders. Now AMD has a bunch of positive momentum, both in the share price and the business. Will AMD keep winning? I believe so, and I'll explain why.</p><p><blockquote>Advanced Micro Devices，Inc.，更广为人知的名字是AMD，是过去几年最受年轻投资者欢迎的纳斯达克股票之一，其中许多人对加密货币和/或游戏感兴趣。首席执行官Lisa Su于2014年接任，为公司带来了世界一流的工程知识和商业智慧。AMD迅速多元化到新的产品线，并因以合理的价格提供性能而获得了大量正面报道。如果你看一下AMD的长期价格图表，你会发现这是一只非常繁荣和萧条的股票，显然，半导体业务是周期性的，但前任管理层有过度利用公司杠杆的习惯，导致回报低于其他情况，因为大部分回报都流向了债权人而不是股东。现在AMD在股价和业务方面都有很多积极的势头。AMD会继续获胜吗？我相信是的，我会解释原因。</blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/79d63abb98a3a3779a37169300fade7a\" tg-width=\"635\" tg-height=\"417\" width=\"100%\" height=\"auto\"><span>Data by YCharts</span></p><p><blockquote><p class=\"t-img-caption\"><span>数据来自YCharts</span></p></blockquote></p><p></p><p> <ul> <li>In the past, lack of diversification and too much leverage forced AMD to raise capital during down cycles through junk bonds, often via convertible debt. Convertible debt is expensive because it generally pays interest and dilutes shareholders. As a general rule, convertible debt is generally preferred by savvy high-net-worth investors and institutions while retail investors tend to assume the common stock represents the whole company (it doesn't) and allow Wall Street to take free shots at them. Convertible debt tends to be issued by companies with low credit ratings and/or speculative business prospects. AMD and other chip companies like Micron (MU) have greatly improved their financial position over time, leading to the convertible debt no longer being necessary in many cases. The new generation of management teams at semiconductors has figured out how to manage risk and leverage better, allowing them to firmly take advantage of one of the biggest growth opportunities for any industry in the 21st century. You can get around the problem of overleverage, in general, by investing in the stocks of companies that have at least investment-grade credit ratings (research showst he returns tend to be better anyway for companies with strong credit ratings). AMD's hard work in diversifying the business and reducing debt has paid off, and the company now has an investment-grade credit rating. I would expect the markets to offer AMD capital at lower and lower rates relative to the market at large, bringing a virtuous circle that should act as a great tailwind going forward.</li> <li>AMD has announced that they are acquiring chipmaker Xilinx (XLNX), and the consensus opinion seems to be that it's a good deal from a strategic standpoint (some deal analysis here). The deal may or may not actually close though, and Chinese regulators need to approve the deal. If the deal doesn't close, I don't view it as posing a large price risk to AMD, but it would be a nice kicker.</li> <li>The party may just be getting started. A recent piece in Barron's suggested that AMD could earn over $7 per share in 2024 if the company reinvests some of its profit in the business.</li> <li>Management may be being fairly conservative with their earnings guidance, as evidenced by how much the company has crushed earnings estimates in recent quarters. Most analysts only have estimates going out to 2023, but they do have AMD growing earnings by 20+ percent annually each year. I think these estimates are too low, and AMD stock should appreciate more or less in line with earnings growth. $3.50 in 2022 earnings and a 36x multiple would imply a 12-month price target of roughly $126 for AMD (20 percent upside), with more upside to come if they can get the supply chain caught up.</li> <li>AMD believes data centers are a $30 billion-plus annual total-addressable-market opportunity. As was noted on the mostrecent conference call, AMD is steadily pulling market share for the server category, which includes data centers. The idea here is that AMD has built superior technology than Intel (INTC) over the past few years, forcing Intel to play catch-up (which takes a long time in the tech space) and giving AMD a chance to press its advantage.</li> <li>AMD outsources manufacturing to Taiwan, which does create risk for the company if the China/Taiwan geopolitical situation changes. Additionally, the Xilinx acquisition requires Chinese approval, meaning that AMD has risk from a couple of different angles from China. So far, thechip shortage has somewhat constrained AMD's ability to supply the market, with lead times higher there than with their competitors. On the flip side, if the chip shortage does ease, this could be a positive catalyst for the company.</li> <li>Intel is the elephant in the semiconductor industry, but AMD has outmaneuvered Intel at every turn so far since Lisa Su took over. Intel stock offers a much lower price to earnings multiple than AMD, but lower growth prospects.Recent newsis that Intel is willing to cut server CPU prices to win business back, but the AMD chips compare favorably on performance and energy consumption. Winning semiconductor market share is more than cutting prices, if you sell cheap chips that are inefficient and cause your customers to have to spend more on electricity, then cutting prices isn't going to help you as much as you think. Due to the ongoing carrying costs of data centers, AMD can win market share by building technology alone, no matter what pricing strategy their competitors do.</li> <li>There are macro and micro risks to AMD. The macro risks are well-known and mainly relate to geopolitics, supply chain issues, and the global economy at large. The micro issues with AMD often relate to its perpetual status as the underdog. Intel, for example, has a greater market share and more R&D resources, but AMD has gained an advantage in technology over them.</p><p><blockquote><ul><li>过去，缺乏多元化和杠杆率过高迫使AMD在下行周期通过垃圾债券（通常是可转换债券）筹集资金。可转换债券价格昂贵，因为它通常会支付利息并稀释股东权益。一般来说，精明的高净值投资者和机构通常更喜欢可转换债券，而散户投资者则倾向于认为普通股代表整个公司（事实并非如此），并允许华尔街随意攻击它们。可转换债务往往由信用评级低和/或投机性业务前景的公司发行。随着时间的推移，AMD和美光科技(MU)等其他芯片公司的财务状况大大改善，导致在许多情况下不再需要可转换债务。半导体公司的新一代管理团队已经想出了如何更好地管理风险和杠杆，使他们能够牢牢抓住21世纪任何行业最大的增长机会之一。一般来说，你可以通过投资至少具有投资级信用评级的公司的股票来解决杠杆率过高的问题（研究表明，信用评级高的公司的回报往往更好）。AMD在业务多元化和减少债务方面的努力得到了回报，该公司现在拥有投资级信用评级。我预计市场将以相对于整个市场越来越低的利率向AMD提供资本，从而带来良性循环，这应该会成为未来的巨大推动力。</li><li>AMD宣布他们将收购芯片制造商Xilinx(XLNX)，从战略角度来看，共识似乎是这是一笔不错的交易（这里有一些交易分析）。不过，该交易可能会也可能不会真正完成，中国监管机构需要批准该交易。如果交易没有完成，我不认为这会给AMD带来很大的价格风险，但这将是一个很好的机会。</li><li>派对可能才刚刚开始。《巴伦周刊》最近的一篇文章表明，如果AMD将部分利润再投资于该业务，该公司到2024年每股收益可能会超过7美元。</li><li>管理层的盈利指引可能相当保守，该公司最近几个季度的盈利预期大幅下降就证明了这一点。大多数分析师只预测到2023年，但他们确实认为AMD的盈利每年增长20%以上。我认为这些估计太低了，AMD股票应该或多或少地随着盈利增长而升值。2022年的盈利为3.50美元，市盈率为36倍，这意味着AMD的12个月目标价约为126美元（上涨20%），如果他们能够赶上供应链，还会有更多上涨空间。</li><li>AMD认为，数据中心是一个每年超过300亿美元的潜在市场机会。正如最近的电话会议所指出的，AMD正在稳步提升包括数据中心在内的服务器类别的市场份额。这里的想法是，AMD在过去几年中建立了比英特尔(INTC)更优越的技术，迫使英特尔迎头赶上（这在技术领域需要很长时间），并给AMD一个发挥优势的机会。</li><li>AMD将制造外包给台湾，如果中国/台湾地缘政治局势发生变化，这确实会给该公司带来风险。此外，收购赛灵思需要中国的批准，这意味着AMD面临着来自中国的几个不同角度的风险。到目前为止，芯片短缺在一定程度上限制了AMD供应市场的能力，其交货时间高于竞争对手。另一方面，如果芯片短缺确实缓解，这可能会成为该公司的积极催化剂。</li><li>英特尔是半导体行业的大象，但自从苏姿丰接手以来，AMD在每一个转折点上都胜过了英特尔。英特尔股票的市盈率远低于AMD，但增长前景较低。最近有消息称，英特尔愿意降低服务器CPU价格以赢回业务，但AMD芯片在性能和能耗方面更具优势。赢得半导体市场份额不仅仅是降价，如果你销售效率低下的廉价芯片，并导致你的客户不得不在电力上花费更多，那么降价不会像你想象的那样帮助你。由于数据中心的持续承载成本，AMD可以仅通过构建技术来赢得市场份额，无论他们的竞争对手采取什么定价策略。</li><li>AMD存在宏观和微观风险。宏观风险是众所周知的，主要与地缘政治、供应链问题和全球经济有关。AMD的微观问题往往与其永久的失败者地位有关。以英特尔为例，它拥有更大的市场份额和更多的研发资源，但AMD在技术上比他们获得了优势。</li></ul></blockquote></p><p></p><p> Academic research generally holds that investors underreact to success when pricing the stocks of winning businesses. This has to do with behavioral finance factors, like investors taking their profits and spending them while holding losing stocks (known as the disposition effect), as well as business factors (good managements tend to keep winning). This leads to returns above 20 percent annually for winning stocks in many cases. While the semiconductor business is cyclical, meaning that AMD shareholders may want to sell when the cycle inevitably turns again, AMD is one of the cleanest momentum stocks on the market right now.</p><p><blockquote>学术研究普遍认为，投资者在为获胜企业的股票定价时，对成功反应不足。这与行为金融因素有关，例如投资者在持有亏损股票的同时获利并支出（称为处置效应），以及商业因素（良好的管理层往往会持续获胜）。在许多情况下，这导致获胜股票的年回报率超过20%。虽然半导体业务具有周期性，这意味着当周期不可避免地再次转向时，AMD股东可能希望出售，但AMD是目前市场上最干净的动量股票之一。</blockquote></p><p> I wouldn't be surprised in the least if the company rises another 20-25 percent from here in the next 12 months. If the Barron's earnings call is correct, AMD should trade close to $200 by 2024 if the PE can remain at least in the 28-30x range, for an annual compound return of roughly 25 percent. While there are risks related to the semiconductor cycle, geopolitics, and competition, AMD seems to be one of the best buys in tech today.</p><p><blockquote>如果该公司在未来12个月内再上涨20-25%，我一点也不会感到惊讶。如果《巴伦周刊》的盈利看涨期权是正确的，如果市盈率至少保持在28-30倍的范围内，AMD的年复合回报率约为25%，到2024年，AMD的交易价格应该会接近200美元。尽管存在与半导体周期、地缘政治和竞争相关的风险，但AMD似乎是当今科技领域最值得买入的股票之一。</blockquote></p><p></p>\n<div class=\"bt-text\">\n\n\n<p> 来源：<a href=\"https://seekingalpha.com/article/4455692-amd-stock-strong-momentum-and-path-to-strong-compounded-annual-returns\">Seeking Alpha</a></p>\n<p>为提升您的阅读体验，我们对本页面进行了排版优化</p>\n\n\n</div>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"AMD":"美国超微公司"},"source_url":"https://seekingalpha.com/article/4455692-amd-stock-strong-momentum-and-path-to-strong-compounded-annual-returns","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1189843549","content_text":"Summary\n\nIn the dark days of 2015 and 2016, AMD traded for less than $3 and the company was loaded down with junk bonds.\nToday, AMD's tech is getting positive reviews, the balance sheet is cleaned up, and there are big opportunities to continue grabbing market share in data centers.\nAMD just raised revenue and margin guidance, with some analysts expecting AMD to earn as much as $7 per share by 2024.\nWhy momentum investing works and how to execute it with AMD.\n\nvchal/iStock via Getty Images\nAdvanced Micro Devices, Inc., better known as AMD, is one of the most popular NASDAQ stocks over the past few years with young investors, many of whom are into cryptocurrency and/or gaming. CEO Lisa Su took over in 2014, bringing both world-class engineering knowledge and business street smarts to the company. AMD quickly diversified into new product lines and has since gotten plenty of positive press for offering performance at a reasonable price. If you look at a long-run price graph of AMD, you'll see that it's a very boom and bust stock, obviously, the semiconductor business is cyclical, but the previous management had a habit of overleveraging the company, causing returns to be lower than they would be otherwise because much of the return went to creditors and not shareholders. Now AMD has a bunch of positive momentum, both in the share price and the business. Will AMD keep winning? I believe so, and I'll explain why.\nData by YCharts\n\nIn the past, lack of diversification and too much leverage forced AMD to raise capital during down cycles through junk bonds, often via convertible debt. Convertible debt is expensive because it generally pays interest and dilutes shareholders. As a general rule, convertible debt is generally preferred by savvy high-net-worth investors and institutions while retail investors tend to assume the common stock represents the whole company (it doesn't) and allow Wall Street to take free shots at them. Convertible debt tends to be issued by companies with low credit ratings and/or speculative business prospects. AMD and other chip companies like Micron (MU) have greatly improved their financial position over time, leading to the convertible debt no longer being necessary in many cases. The new generation of management teams at semiconductors has figured out how to manage risk and leverage better, allowing them to firmly take advantage of one of the biggest growth opportunities for any industry in the 21st century. You can get around the problem of overleverage, in general, by investing in the stocks of companies that have at least investment-grade credit ratings (research showst he returns tend to be better anyway for companies with strong credit ratings). AMD's hard work in diversifying the business and reducing debt has paid off, and the company now has an investment-grade credit rating. I would expect the markets to offer AMD capital at lower and lower rates relative to the market at large, bringing a virtuous circle that should act as a great tailwind going forward.\nAMD has announced that they are acquiring chipmaker Xilinx (XLNX), and the consensus opinion seems to be that it's a good deal from a strategic standpoint (some deal analysis here). The deal may or may not actually close though, and Chinese regulators need to approve the deal. If the deal doesn't close, I don't view it as posing a large price risk to AMD, but it would be a nice kicker.\nThe party may just be getting started. A recent piece in Barron's suggested that AMD could earn over $7 per share in 2024 if the company reinvests some of its profit in the business.\nManagement may be being fairly conservative with their earnings guidance, as evidenced by how much the company has crushed earnings estimates in recent quarters. Most analysts only have estimates going out to 2023, but they do have AMD growing earnings by 20+ percent annually each year. I think these estimates are too low, and AMD stock should appreciate more or less in line with earnings growth. $3.50 in 2022 earnings and a 36x multiple would imply a 12-month price target of roughly $126 for AMD (20 percent upside), with more upside to come if they can get the supply chain caught up.\nAMD believes data centers are a $30 billion-plus annual total-addressable-market opportunity. As was noted on the mostrecent conference call, AMD is steadily pulling market share for the server category, which includes data centers. The idea here is that AMD has built superior technology than Intel (INTC) over the past few years, forcing Intel to play catch-up (which takes a long time in the tech space) and giving AMD a chance to press its advantage.\nAMD outsources manufacturing to Taiwan, which does create risk for the company if the China/Taiwan geopolitical situation changes. Additionally, the Xilinx acquisition requires Chinese approval, meaning that AMD has risk from a couple of different angles from China. So far, thechip shortage has somewhat constrained AMD's ability to supply the market, with lead times higher there than with their competitors. On the flip side, if the chip shortage does ease, this could be a positive catalyst for the company.\nIntel is the elephant in the semiconductor industry, but AMD has outmaneuvered Intel at every turn so far since Lisa Su took over. Intel stock offers a much lower price to earnings multiple than AMD, but lower growth prospects.Recent newsis that Intel is willing to cut server CPU prices to win business back, but the AMD chips compare favorably on performance and energy consumption. Winning semiconductor market share is more than cutting prices, if you sell cheap chips that are inefficient and cause your customers to have to spend more on electricity, then cutting prices isn't going to help you as much as you think. Due to the ongoing carrying costs of data centers, AMD can win market share by building technology alone, no matter what pricing strategy their competitors do.\nThere are macro and micro risks to AMD. The macro risks are well-known and mainly relate to geopolitics, supply chain issues, and the global economy at large. The micro issues with AMD often relate to its perpetual status as the underdog. Intel, for example, has a greater market share and more R&D resources, but AMD has gained an advantage in technology over them. To win in the market, AMD must press this advantage and reinvest in R&D. After all, investing in technology is high-risk, high-reward. Winning tech companies make fortunes for their investors while losing ones tend to be forgotten to history. This is one reason why momentum investing and technology stocks go hand in hand.\n\nAMD Stock Forecast\nAcademic research generally holds that investors underreact to success when pricing the stocks of winning businesses. This has to do with behavioral finance factors, like investors taking their profits and spending them while holding losing stocks (known as the disposition effect), as well as business factors (good managements tend to keep winning). This leads to returns above 20 percent annually for winning stocks in many cases. While the semiconductor business is cyclical, meaning that AMD shareholders may want to sell when the cycle inevitably turns again, AMD is one of the cleanest momentum stocks on the market right now.\nI wouldn't be surprised in the least if the company rises another 20-25 percent from here in the next 12 months. If the Barron's earnings call is correct, AMD should trade close to $200 by 2024 if the PE can remain at least in the 28-30x range, for an annual compound return of roughly 25 percent. While there are risks related to the semiconductor cycle, geopolitics, and competition, AMD seems to be one of the best buys in tech today.","news_type":1,"symbols_score_info":{"AMD":0.9}},"isVote":1,"tweetType":1,"viewCount":1462,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":886292356,"gmtCreate":1631592004375,"gmtModify":1631889869621,"author":{"id":"3573639773544520","authorId":"3573639773544520","name":"oneplus374","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3573639773544520","idStr":"3573639773544520"},"themes":[],"htmlText":"please like!","listText":"please like!","text":"please like!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/886292356","repostId":"1178276551","repostType":4,"repost":{"id":"1178276551","kind":"news","pubTimestamp":1631574947,"share":"https://www.laohu8.com/m/news/1178276551?lang=zh_CN&edition=full","pubTime":"2021-09-14 07:15","market":"us","language":"en","title":"S&P 500 snaps losing streak with tax hikes, inflation data on horizon<blockquote>标普500通过增税和通胀数据结束连跌</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1178276551","media":"Reuters","summary":"NEW YORK (Reuters) - The S&P 500 closed higher on Monday, ending a five-day losing streak as investo","content":"<p>NEW YORK (Reuters) - The S&P 500 closed higher on Monday, ending a five-day losing streak as investors focused on potential corporate tax hikes and upcoming economic data.</p><p><blockquote>路透纽约3月1日电——标普500周一收高，结束五连跌，因投资者关注潜在的公司税上调和即将公布的经济数据。</blockquote></p><p> The Dow Jones Industrial Average also advanced, but the Nasdaq Composite Index ended lower.</p><p><blockquote>道琼斯工业平均指数也上涨，但纳斯达克综合指数收低。</blockquote></p><p> Investors favored value over growth, with stocks set to benefit most from a resurging economy enjoying the biggest percentage gains.</p><p><blockquote>投资者更青睐价值而非增长，股市将从经济复苏中受益最多，涨幅最大。</blockquote></p><p> “There are probably not a lot of positive surprises coming this month,” said Liz Young, head of investment strategy at SoFi in New York. “We’re having another period of volatility where I think that rotation could go back to cyclicals and the reopened trade, as the 10-year bond rate slowly grinds higher through the end of the year.”</p><p><blockquote>纽约SoFi投资策略主管Liz Young表示：“本月可能不会有太多积极的惊喜。”“我们正在经历另一个波动时期，我认为随着10年期债券利率在年底前慢慢走高，轮动可能会回到周期性和重新开放的交易。”</blockquote></p><p> Market participants are focused on the likely passage of U.S. President Joe Biden’s $3.5 trillion budget package, which is expected to include a proposed corporate tax rate hike to 26.5% from 21%.</p><p><blockquote>市场参与者关注美国总统拜登的3.5万亿美元预算方案可能获得通过，预计其中包括拟议将企业税率从21%上调至26.5%。</blockquote></p><p> Goldman Sachs analysts see the corporate tax rate increasing to 25% and the passage of about half of a proposed increase to tax rates on foreign income, which they estimate would reduce S&P 500 earnings by 5% in 2022.</p><p><blockquote>高盛分析师预计，企业税率将提高至25%，外国收入税率拟议上调的约一半将获得通过，他们估计这将使标普500 2022年的盈利减少5%。</blockquote></p><p> The Labor Department is due to release its consumer price index data on Tuesday, which could shed further light on the current inflation wave and whether it is as transitory as the Fed insists.</p><p><blockquote>美国劳工部将于周二发布消费者价格指数数据，这可能会进一步揭示当前的通胀浪潮，以及它是否像美联储坚称的那样是暂时的。</blockquote></p><p> “I don’t see inflation settling back down under 2% where it was pre-pandemic,” Young added. “Even if some of those transitory forces weaken, we will still stay at a higher rate than we were before.”</p><p><blockquote>杨补充道：“我认为通胀率不会回落到大流行前的2%以下。”“即使其中一些过渡力量减弱，我们仍将保持比以前更高的速度。”</blockquote></p><p> Other key indicators due this week include retail sales and consumer sentiment, which could illuminate how much the demand boom driven by economic re-engagement has been dampened by the highly contagious COVID-19 Delta variant.</p><p><blockquote>本周公布的其他关键指标包括零售销售和消费者信心，这可能表明经济重新参与推动的需求繁荣在多大程度上受到了高度传染性的COVID-19德尔塔变异毒株的抑制。</blockquote></p><p> The Dow Jones Industrial Average rose 261.91 points, or 0.76%, to 34,869.63, the S&P 500 gained 10.15 points, or 0.23%, at 4,468.73 and the Nasdaq Composite dropped 9.91 points, or 0.07%, to 15,105.58.</p><p><blockquote>道琼斯工业平均指数上涨261.91点，涨幅0.76%，至34,869.63点；标普500上涨10.15点，涨幅0.23%，至4,468.73点；纳斯达克综合指数下跌9.91点，涨幅0.07%，至15,105.58点。</blockquote></p><p> Of the 11 major sectors in the S&P 500, healthcare suffered the largest percentage loss, while energy, buoyed by rising crude prices was the biggest gainer.</p><p><blockquote>在标普500 11个主要板块中，医疗保健板块跌幅最大，而受原油价格上涨提振的能源板块涨幅最大。</blockquote></p><p> Shares of vaccine makers Moderna and Pfizer Inc sank 6.6% and 2.2%, respectively, after experts said COVID booster shots are not widely needed.</p><p><blockquote>在专家表示不广泛需要新冠加强注射后，疫苗制造商Moderna和辉瑞公司的股价分别下跌6.6%和2.2%。</blockquote></p><p> Coinbase Global Inc announced plans to raise about $1.5 billion through a debt offering aimed at funding product development and potential acquisitions. The cryptocurrency exchanges shares slid 2.2%.</p><p><blockquote>Coinbase Global Inc宣布计划通过发债筹集约15亿美元，旨在为产品开发和潜在收购提供资金。加密货币交易所股价下跌2.2%。</blockquote></p><p> Salesforce.com Inc dipped 1.2% as rival Freshworks Inc’s regulatory filing indicated that the business engagement and customer engagement software company is aiming for a nearly $9 billion valuation in it U.S. debut.</p><p><blockquote>Salesforce.com Inc下跌1.2%，竞争对手Freshworks Inc的监管文件显示，这家业务参与和客户参与软件公司的目标是在美国首次亮相时估值接近90亿美元。</blockquote></p><p> Advancing issues outnumbered declining ones on the NYSE by a 1.60-to-1 ratio; on Nasdaq, a 1.02-to-1 ratio favored advancers.</p><p><blockquote>纽约证券交易所上涨股与下跌股的比例为1.60比1；在纳斯达克，1.02比1的比率有利于上涨者。</blockquote></p><p> The S&P 500 posted 12 new 52-week highs and one new low; the Nasdaq Composite recorded 53 new highs and 71 new lows.</p><p><blockquote>标普500创下12个52周新高和1个新低；纳斯达克综合指数录得53个新高和71个新低。</blockquote></p><p> Volume on U.S. exchanges was 10.30 billion shares, compared with the 9.29 billion average over the last 20 trading days.</p><p><blockquote>美国交易所成交量为103亿股，而过去20个交易日的平均成交量为92.9亿股。</blockquote></p><p></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 snaps losing streak with tax hikes, inflation data on horizon<blockquote>标普500通过增税和通胀数据结束连跌</blockquote></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: 12.5px; color: #7E829C; margin: 0;}\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 snaps losing streak with tax hikes, inflation data on horizon<blockquote>标普500通过增税和通胀数据结束连跌</blockquote>\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">Reuters</strong><span class=\"h-time small\">2021-09-14 07:15</span>\n</p>\n</h4>\n</header>\n<article>\n<p>NEW YORK (Reuters) - The S&P 500 closed higher on Monday, ending a five-day losing streak as investors focused on potential corporate tax hikes and upcoming economic data.</p><p><blockquote>路透纽约3月1日电——标普500周一收高，结束五连跌，因投资者关注潜在的公司税上调和即将公布的经济数据。</blockquote></p><p> The Dow Jones Industrial Average also advanced, but the Nasdaq Composite Index ended lower.</p><p><blockquote>道琼斯工业平均指数也上涨，但纳斯达克综合指数收低。</blockquote></p><p> Investors favored value over growth, with stocks set to benefit most from a resurging economy enjoying the biggest percentage gains.</p><p><blockquote>投资者更青睐价值而非增长，股市将从经济复苏中受益最多，涨幅最大。</blockquote></p><p> “There are probably not a lot of positive surprises coming this month,” said Liz Young, head of investment strategy at SoFi in New York. “We’re having another period of volatility where I think that rotation could go back to cyclicals and the reopened trade, as the 10-year bond rate slowly grinds higher through the end of the year.”</p><p><blockquote>纽约SoFi投资策略主管Liz Young表示：“本月可能不会有太多积极的惊喜。”“我们正在经历另一个波动时期，我认为随着10年期债券利率在年底前慢慢走高，轮动可能会回到周期性和重新开放的交易。”</blockquote></p><p> Market participants are focused on the likely passage of U.S. President Joe Biden’s $3.5 trillion budget package, which is expected to include a proposed corporate tax rate hike to 26.5% from 21%.</p><p><blockquote>市场参与者关注美国总统拜登的3.5万亿美元预算方案可能获得通过，预计其中包括拟议将企业税率从21%上调至26.5%。</blockquote></p><p> Goldman Sachs analysts see the corporate tax rate increasing to 25% and the passage of about half of a proposed increase to tax rates on foreign income, which they estimate would reduce S&P 500 earnings by 5% in 2022.</p><p><blockquote>高盛分析师预计，企业税率将提高至25%，外国收入税率拟议上调的约一半将获得通过，他们估计这将使标普500 2022年的盈利减少5%。</blockquote></p><p> The Labor Department is due to release its consumer price index data on Tuesday, which could shed further light on the current inflation wave and whether it is as transitory as the Fed insists.</p><p><blockquote>美国劳工部将于周二发布消费者价格指数数据，这可能会进一步揭示当前的通胀浪潮，以及它是否像美联储坚称的那样是暂时的。</blockquote></p><p> “I don’t see inflation settling back down under 2% where it was pre-pandemic,” Young added. “Even if some of those transitory forces weaken, we will still stay at a higher rate than we were before.”</p><p><blockquote>杨补充道：“我认为通胀率不会回落到大流行前的2%以下。”“即使其中一些过渡力量减弱，我们仍将保持比以前更高的速度。”</blockquote></p><p> Other key indicators due this week include retail sales and consumer sentiment, which could illuminate how much the demand boom driven by economic re-engagement has been dampened by the highly contagious COVID-19 Delta variant.</p><p><blockquote>本周公布的其他关键指标包括零售销售和消费者信心，这可能表明经济重新参与推动的需求繁荣在多大程度上受到了高度传染性的COVID-19德尔塔变异毒株的抑制。</blockquote></p><p> The Dow Jones Industrial Average rose 261.91 points, or 0.76%, to 34,869.63, the S&P 500 gained 10.15 points, or 0.23%, at 4,468.73 and the Nasdaq Composite dropped 9.91 points, or 0.07%, to 15,105.58.</p><p><blockquote>道琼斯工业平均指数上涨261.91点，涨幅0.76%，至34,869.63点；标普500上涨10.15点，涨幅0.23%，至4,468.73点；纳斯达克综合指数下跌9.91点，涨幅0.07%，至15,105.58点。</blockquote></p><p> Of the 11 major sectors in the S&P 500, healthcare suffered the largest percentage loss, while energy, buoyed by rising crude prices was the biggest gainer.</p><p><blockquote>在标普500 11个主要板块中，医疗保健板块跌幅最大，而受原油价格上涨提振的能源板块涨幅最大。</blockquote></p><p> Shares of vaccine makers Moderna and Pfizer Inc sank 6.6% and 2.2%, respectively, after experts said COVID booster shots are not widely needed.</p><p><blockquote>在专家表示不广泛需要新冠加强注射后，疫苗制造商Moderna和辉瑞公司的股价分别下跌6.6%和2.2%。</blockquote></p><p> Coinbase Global Inc announced plans to raise about $1.5 billion through a debt offering aimed at funding product development and potential acquisitions. The cryptocurrency exchanges shares slid 2.2%.</p><p><blockquote>Coinbase Global Inc宣布计划通过发债筹集约15亿美元，旨在为产品开发和潜在收购提供资金。加密货币交易所股价下跌2.2%。</blockquote></p><p> Salesforce.com Inc dipped 1.2% as rival Freshworks Inc’s regulatory filing indicated that the business engagement and customer engagement software company is aiming for a nearly $9 billion valuation in it U.S. debut.</p><p><blockquote>Salesforce.com Inc下跌1.2%，竞争对手Freshworks Inc的监管文件显示，这家业务参与和客户参与软件公司的目标是在美国首次亮相时估值接近90亿美元。</blockquote></p><p> Advancing issues outnumbered declining ones on the NYSE by a 1.60-to-1 ratio; on Nasdaq, a 1.02-to-1 ratio favored advancers.</p><p><blockquote>纽约证券交易所上涨股与下跌股的比例为1.60比1；在纳斯达克，1.02比1的比率有利于上涨者。</blockquote></p><p> The S&P 500 posted 12 new 52-week highs and one new low; the Nasdaq Composite recorded 53 new highs and 71 new lows.</p><p><blockquote>标普500创下12个52周新高和1个新低；纳斯达克综合指数录得53个新高和71个新低。</blockquote></p><p> Volume on U.S. exchanges was 10.30 billion shares, compared with the 9.29 billion average over the last 20 trading days.</p><p><blockquote>美国交易所成交量为103亿股，而过去20个交易日的平均成交量为92.9亿股。</blockquote></p><p></p>\n<div class=\"bt-text\">\n\n\n<p> 来源：<a href=\"https://www.reuters.com/article/usa-stocks/us-stocks-sp-500-snaps-losing-streak-with-tax-hikes-inflation-data-on-horizon-idUSL1N2QF2DB\">Reuters</a></p>\n<p>为提升您的阅读体验，我们对本页面进行了排版优化</p>\n\n\n</div>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".IXIC":"NASDAQ Composite",".DJI":"道琼斯",".SPX":"S&P 500 Index"},"source_url":"https://www.reuters.com/article/usa-stocks/us-stocks-sp-500-snaps-losing-streak-with-tax-hikes-inflation-data-on-horizon-idUSL1N2QF2DB","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1178276551","content_text":"NEW YORK (Reuters) - The S&P 500 closed higher on Monday, ending a five-day losing streak as investors focused on potential corporate tax hikes and upcoming economic data.\nThe Dow Jones Industrial Average also advanced, but the Nasdaq Composite Index ended lower.\nInvestors favored value over growth, with stocks set to benefit most from a resurging economy enjoying the biggest percentage gains.\n“There are probably not a lot of positive surprises coming this month,” said Liz Young, head of investment strategy at SoFi in New York. “We’re having another period of volatility where I think that rotation could go back to cyclicals and the reopened trade, as the 10-year bond rate slowly grinds higher through the end of the year.”\nMarket participants are focused on the likely passage of U.S. President Joe Biden’s $3.5 trillion budget package, which is expected to include a proposed corporate tax rate hike to 26.5% from 21%.\nGoldman Sachs analysts see the corporate tax rate increasing to 25% and the passage of about half of a proposed increase to tax rates on foreign income, which they estimate would reduce S&P 500 earnings by 5% in 2022.\nThe Labor Department is due to release its consumer price index data on Tuesday, which could shed further light on the current inflation wave and whether it is as transitory as the Fed insists.\n“I don’t see inflation settling back down under 2% where it was pre-pandemic,” Young added. “Even if some of those transitory forces weaken, we will still stay at a higher rate than we were before.”\nOther key indicators due this week include retail sales and consumer sentiment, which could illuminate how much the demand boom driven by economic re-engagement has been dampened by the highly contagious COVID-19 Delta variant.\nThe Dow Jones Industrial Average rose 261.91 points, or 0.76%, to 34,869.63, the S&P 500 gained 10.15 points, or 0.23%, at 4,468.73 and the Nasdaq Composite dropped 9.91 points, or 0.07%, to 15,105.58.\nOf the 11 major sectors in the S&P 500, healthcare suffered the largest percentage loss, while energy, buoyed by rising crude prices was the biggest gainer.\nShares of vaccine makers Moderna and Pfizer Inc sank 6.6% and 2.2%, respectively, after experts said COVID booster shots are not widely needed.\nCoinbase Global Inc announced plans to raise about $1.5 billion through a debt offering aimed at funding product development and potential acquisitions. The cryptocurrency exchanges shares slid 2.2%.\nSalesforce.com Inc dipped 1.2% as rival Freshworks Inc’s regulatory filing indicated that the business engagement and customer engagement software company is aiming for a nearly $9 billion valuation in it U.S. debut.\nAdvancing issues outnumbered declining ones on the NYSE by a 1.60-to-1 ratio; on Nasdaq, a 1.02-to-1 ratio favored advancers.\nThe S&P 500 posted 12 new 52-week highs and one new low; the Nasdaq Composite recorded 53 new highs and 71 new lows.\nVolume on U.S. exchanges was 10.30 billion shares, compared with the 9.29 billion average over the last 20 trading days.","news_type":1,"symbols_score_info":{".SPX":0.9,".IXIC":0.9,".DJI":0.9}},"isVote":1,"tweetType":1,"viewCount":2467,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"defaultTab":"posts","isTTM":false}