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- Wenda1909Wenda1909
  ·2021-06-30
  Thank you
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- Wenda1909Wenda1909
  ·2021-06-30
  $BlackBerry(BB)$Is it going up in July ? 😞
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- Wenda1909Wenda1909
  ·2021-06-24
  Good article
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- Wenda1909Wenda1909
  ·2021-06-24
  Well written article
  Credit Suisse predicts global growth of 5.9% for 2021, says stocks to outperform other asset classes
  KEY POINTS In its investment outlook for the second half of 2021, Credit Suisse predicted the world
  Credit Suisse predicts global growth of 5.9% for 2021, says stocks to outperform other asset classes
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- Wenda1909Wenda1909
  ·2021-06-24
  Good
  The red hot housing market is slowing down the economy: Morning Brief
  Supply can't meet demand, housing edition We've periodically checked in on the housing market at The
  The red hot housing market is slowing down the economy: Morning Brief
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- Wenda1909Wenda1909
  ·2021-06-24
  Good
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- Wenda1909Wenda1909
  ·2021-06-24
  Good
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- Wenda1909Wenda1909
  ·2021-06-22
  Hi
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- Wenda1909Wenda1909
  ·2021-06-18
  Interesting
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- Wenda1909Wenda1909
  ·2021-06-18
  Wow
  Starbucks Says John Culver Promoted To Group President, North America And Chief Operating Officer
  June 15 (Reuters) - Starbucks Corp : :Starbucks Says John Culver Promoted To Group President, North
  Starbucks Says John Culver Promoted To Group President, North America And Chief Operating Officer
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article","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/128474352","repostId":"1173023249","repostType":4,"repost":{"id":"1173023249","kind":"news","pubTimestamp":1624529082,"share":"https://www.laohu8.com/m/news/1173023249?lang=&edition=full","pubTime":"2021-06-24 18:04","market":"us","language":"en","title":"Credit Suisse predicts global growth of 5.9% for 2021, says stocks to outperform other asset classes","url":"https://stock-news.laohu8.com/highlight/detail?id=1173023249","media":"cnbc","summary":"KEY POINTS\n\nIn its investment outlook for the second half of 2021, Credit Suisse predicted the world","content":"<div>\n<p>KEY POINTS\n\nIn its investment outlook for the second half of 2021, Credit Suisse predicted the world economy will grow 5.9% this year and 4% in 2022.\nThe economic expansion will be led by vaccine ...</p>\n\n<a href=\"https://www.cnbc.com/2021/06/24/credit-suisse-investment-outlook-2021-global-growth.html\">Web Link</a>\n\n</div>\n","source":"cnbc_highlight","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>Credit Suisse predicts global growth of 5.9% for 2021, says stocks to outperform other asset classes</title>\n<style 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}\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nCredit Suisse predicts global growth of 5.9% for 2021, says stocks to outperform other asset classes\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-24 18:04 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.cnbc.com/2021/06/24/credit-suisse-investment-outlook-2021-global-growth.html><strong>cnbc</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>KEY POINTS\n\nIn its investment outlook for the second half of 2021, Credit Suisse predicted the world economy will grow 5.9% this year and 4% in 2022.\nThe economic expansion will be led by vaccine ...</p>\n\n<a href=\"https://www.cnbc.com/2021/06/24/credit-suisse-investment-outlook-2021-global-growth.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".SPX":"S&P 500 Index","SPY":"标普500ETF",".DJI":"道琼斯",".IXIC":"NASDAQ Composite"},"source_url":"https://www.cnbc.com/2021/06/24/credit-suisse-investment-outlook-2021-global-growth.html","is_english":true,"share_image_url":"https://static.laohu8.com/72bb72e1b84c09fca865c6dcb1bbcd16","article_id":"1173023249","content_text":"KEY POINTS\n\nIn its investment outlook for the second half of 2021, Credit Suisse predicted the world economy will grow 5.9% this year and 4% in 2022.\nThe economic expansion will be led by vaccine rollouts, fiscal stimulus, and a broadening services recovery, the bank said.\nThe United States is set to grow at a rate of 6.9% this year, the Eurozone is expected to expand by 4.2% while Asia ex-Japan is predicted to grow 7.5%.\n\nSwiss investment bank Credit Suisse expects global growth to accelerate in the coming months as countries gradually reopen their economies, leading to a recovery in revenue growth and rehiring.\nIn its investment outlook for the second half of 2021, Credit Suisse predicted the world economy will grow 5.9% this year and 4% in 2022. That growth will be led by vaccine rollouts, fiscal stimulus and a broadening services recovery. It also said the United States is set to grow at a rate of 6.9% this year, the Eurozone is expected to expand by 4.2% while Asia ex-Japan is predicted to grow 7.5%.\nEconomic expansion will likely lead to a sharp recovery in global earnings growth that is set to fuel the stock market, according to Ray Farris, chief investment officer for South Asia at Credit Suisse.\n“We are looking for equities to be the asset class that is going to outperform over the next six months to a year,” Farris told CNBC’s “Squawk Box Asia” on Thursday. “As long as earnings continue to trend higher, history suggests that equities will grind their way up.”\n“There will be corrections from time to time, but those corrections would really be opportunities,” Farris said.\nEquities to outperform\nIn the equities market, Credit Suisse said it prefers exposure to cyclical sectors such as financials and materials. Cyclical stocks are companies whose underlying businesses tend to follow the economic cycle of expansion and recession.\nThe bank also prefers cyclical markets in Europe such as the United Kingdom, Germany and Spain. Farris explained on CNBC that Europe as an equity market is going to produce about the same earnings growth as the U.S. in 2021 but it is doing it at “valuations that are literally multi-decade lows on a relative basis.”\n“You are getting Europe on sale as it comes out of the pandemic, as it reopens and as growth accelerates,” Farris said, adding that the U.K. has exposure to financials and the global economy while Germany has exposure to cyclical sectors.\nIn Asia, the bank’s preferences are Korean and Thai stocks, which can potentially benefit from the worldwide chip shortage and global reflation trends. Thai stocks are likely to also gain from a rally in oil prices.\nCredit Suisse is neutral on Chinese equities, citing a slowdown in growth momentum post normalization from the pandemic and regulatory risks that are weighing on market sentiment.\nMonetary policy\nFarris pointed out in a separate media briefing that asset markets and asset prices remain supported by monetary policy in the U.S., Europe, Japan and other countries.\n“Central banks, the core central banks, are likely to continue to expand their balance sheets, injecting more liquidity into systems, all the way through to the end of the year,” he said.\nInflation pressure and inflation risks have risen in recent months, according to the bank. It expects inflation to temporarily overshoot central bank targets in major economies as services sectors reopen. Persistent price pressures would encourage the U.S. Federal Reserve towithdraw monetary accommodation— in the form of monthly asset purchases to stimulate the economy — early, Credit Suisse said.\nFarris said that he doesn’t expect the Fed to announce any decision until late third quarter and beyond, and that the actual tapering will not happen until 2022. Moreover, interest rates are likely to remain on hold until 2023.\n“So, that’s a very supportive monetary policy backdrop for risky assets,” Farris said.","news_type":1},"isVote":1,"tweetType":1,"viewCount":530,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":128478770,"gmtCreate":1624529649090,"gmtModify":1631893665407,"author":{"id":"3582116981853587","authorId":"3582116981853587","name":"Wenda1909","avatar":"https://static.tigerbbs.com/0db29f4a2a23b7d054af6c523666523a","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3582116981853587","authorIdStr":"3582116981853587"},"themes":[],"htmlText":"Good","listText":"Good","text":"Good","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/128478770","repostId":"2145043969","repostType":4,"repost":{"id":"2145043969","kind":"news","pubTimestamp":1624525868,"share":"https://www.laohu8.com/m/news/2145043969?lang=&edition=full","pubTime":"2021-06-24 17:11","market":"us","language":"en","title":"The red hot housing market is slowing down the economy: Morning Brief","url":"https://stock-news.laohu8.com/highlight/detail?id=2145043969","media":"Yahoo Finance","summary":"Supply can't meet demand, housing edition\nWe've periodically checked in on the housing market at The","content":"<p><img src=\"https://static.tigerbbs.com/a66604c7e5fcdb480747b6a4be692a3d\" tg-width=\"3504\" tg-height=\"2336\" referrerpolicy=\"no-referrer\"></p>\n<h3>Supply can't meet demand, housing edition</h3>\n<p>We've periodically checked in on the housing market at The Morning Brief over the last year, and the story has, in general, been consistent.</p>\n<p>Home prices are rising amid a surge in demand, while low interest rates enable buyers to afford more house.</p>\n<p>But cracks in the housing market have been starting to show, and now are likely to dent U.S gross domestic product (GDP) in the current quarter.</p>\n<p>The hot housing market, in other words, has actually become a drag on growth.</p>\n<p>Housing economist Bill McBride noted Wednesday that the economics group at Goldman Sachs cut its forecast for current quarter GDP, to an annualized growth rate of 8.75%, from a previous outlook for growth to hit 9%. A small change, to be sure. But an example of how the economy-wide demand glut does have some natural speed brakes.</p>\n<p>On Wednesday, May's report on new home sales showed the pace of sales fell 5.9% last month to an annualized rate of 769,000. The actual number of homes sold last month was the lowest in a year. This report followed Tuesday's gauge on existing home sales, which declined for the fourth straight month to an annualized rate of 5.8 million homes.</p>\n<p>These drops in the pace of sales, however, were accompanied by a continued surge in pricing as demand cannot be met. The median increase in the price of an existing home sold rose 23.6% over last year in May, while the median increase in a new home's price was 18.1% over last year. But this increase in prices can't offset the negative growth impact of fewer homes trading hands.</p>\n<p>Mahir Rasheed, U.S. economist at Oxford Economics, flagged in a note Wednesday that while home sales are likely to be flat or lower for the rest of the year, backlogs should keep homebuilder activity supported.</p>\n<p>\"Nearly 90% of the for-sale inventory in May was of homes where construction is ongoing or has not started, while 36% of homes already sold have not yet broken ground,\" Rasheed wrote.</p>\n<p>\"These backlogs should support homebuilder activity even if the current pace of home sales moderates, although there are likely to be delays in the near term as builders contend with supply chain issues,\" he added. Rasheed also noted that with lumber prices coming down, builder cost pressures being pushed to buyers could ease.</p>\n<p>But in a note to clients published Wednesday, Ian Shepherdson at Pantheon Macroeconomics was less sanguine on the situation. \"</p>\n<p>New home sales \"look set to fall further, with a decent chance they’ll soon be back below the pre-COVID trend,\" Shepherdson wrote. \"The story here, we think, is simply that demand in the suburbs has fallen as COVID fear has faded. Inventory remains low but it is rising rapidly; supply hit 5.1 months of current sales in May, up from 3.6 months in January.\"</p>\n<p>Shepherdson added that this data points to \"an accident waiting to happen.\"</p>\n<p>We argued earlier this month that lumber prices cratering reveal to us the future of this recovery. A future in which the most acute pricing pressures ease just as they fell: abruptly.</p>\n<p>But abrupt turns in the economy don't create healthy conditions. Rather, these turns set the table for investors who couldn't be bullish enough coming into 2021 to suddenly find themselves caught offside the other way.</p>\n<p><i>By Myles Udland, reporter and anchor for Yahoo Finance Live. Follow him at @MylesUdland</i></p>\n<h3><b>What to watch today</b></h3>\n<p><b>Economy </b></p>\n<ul>\n <li>8:30 a.m. ET:<b> Advance Goods Trade Balance, </b>May (-$87.5 billion expected, -$85.2 billion in April)</li>\n <li>8:30 a.m. ET: <b>Wholesale inventories,</b> May preliminary (0.8% in April)</li>\n <li>8:30 a.m. ET: <b>Durable goods orders, </b>May preliminary (2.8% expected, -1.3% in April)</li>\n <li>8:30 a.m. ET: <b>Durable goods orders excluding transportation, </b>May preliminary (0.7% expected, 1.0% in April)</li>\n <li>8:30 a.m. ET: <b>Non-defense capital goods orders excluding aircraft, </b>May preliminary (0.6% expected, 2.2% in April)</li>\n <li>8:30 a.m. ET: <b>Non-defense capital goods shipments excluding aircraft</b> (0.8% expected, 0.9% in April)</li>\n <li>8:30 a.m. ET: <b>GDP annualized, </b>quarter-over-quarter, Q1 third print (6.4% expected, 6.4% in prior print)</li>\n <li>8:30 a.m. ET: <b>Personal consumption,</b> Q1 third print (11.4% expected, 11.3% in prior print)</li>\n <li>8:30 a.m. ET: <b>GDP Price Index,</b> Q1 third print (4.3% expected, 4.3% in prior print)</li>\n <li>8:30 a.m. ET:<b>&nbsp;Initial jobless claims, </b>week ended June 19 (380,000 expected, 412,000 in prior print)</li>\n <li>8:30 a.m. ET: <b>Continuing claims, </b>week ended June 12 (3.460 million expected, 3.518 million in prior print)</li>\n <li>11:00 a.m. ET: <b>Kansas City Fed Manufacturing Activity Index,</b> June (24 expected, 26 in prior print)</li>\n</ul>\n<p><b>Earnings</b></p>\n<p><b>Pre-market</b></p>\n<ul>\n <li>7:00 a.m. ET: <b>Darden Restaurants (DRI)</b> is expected to report adjusted earnings of $1.77 per share on revenue of $2.19 billion</li>\n</ul>\n<p><b>Post-market</b></p>\n<ul>\n <li>4:00 p.m. ET:<b> Fedex (FDX) </b>is expected to report adjusted earnings of $5.00 per share on revenue of $21.49 billion</li>\n <li>4:15 p.m. ET: <b>Nike (NKE)</b> is expected to report adjusted earnings of 50 cents per share on revenue of $11.03 billion</li>\n</ul>\n<h3><b>Top News</b></h3>\n<p><b>&nbsp;</b>U.S. software mogul John McAfee dies by hanging in Spanish prison, lawyer says [Reuters]</p>\n<p>Bitcoin trading above $32,000 but cryptos remain under pressure {Yahoo Finance UK]</p>\n<p>Senators to pitch bipartisan infrastructure plan to Biden [AP]</p>\n<p>Microsoft’s big Windows 11 event is coming up — here's what to expect [Yahoo Finance]</p>\n<h3><b>Yahoo Finance Highlights</b></h3>\n<p>Fed cautious about return to pre-pandemic labor market</p>\n<p>Activist investor who shook up Bed Bath &amp; Beyond and Kohl's says this is the next big retail opportunity</p>\n<p>GDP is back. Workers are not</p>","source":"yahoofinance","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>The red hot housing market is slowing down the economy: Morning Brief</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nThe red hot housing market is slowing down the economy: Morning Brief\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-24 17:11 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/the-red-hot-housing-market-is-slowing-down-the-economy-morning-brief-091108953.html><strong>Yahoo Finance</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Supply can't meet demand, housing edition\nWe've periodically checked in on the housing market at The Morning Brief over the last year, and the story has, in general, been consistent.\nHome prices are ...</p>\n\n<a href=\"https://finance.yahoo.com/news/the-red-hot-housing-market-is-slowing-down-the-economy-morning-brief-091108953.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://static.tigerbbs.com/3a27d956c99f35da42b4f75734adb724","relate_stocks":{"SPY":"标普500ETF",".SPX":"S&P 500 Index","TOL":"托尔兄弟","PHM":"普得集团",".IXIC":"NASDAQ Composite",".DJI":"道琼斯","LEN":"莱纳建筑公司","XHB":"房屋建筑商指数ETF-SPDR","DHI":"霍顿房屋","KBH":"KB Home"},"source_url":"https://finance.yahoo.com/news/the-red-hot-housing-market-is-slowing-down-the-economy-morning-brief-091108953.html","is_english":true,"share_image_url":"https://static.laohu8.com/5f26f4a48f9cb3e29be4d71d3ba8c038","article_id":"2145043969","content_text":"Supply can't meet demand, housing edition\nWe've periodically checked in on the housing market at The Morning Brief over the last year, and the story has, in general, been consistent.\nHome prices are rising amid a surge in demand, while low interest rates enable buyers to afford more house.\nBut cracks in the housing market have been starting to show, and now are likely to dent U.S gross domestic product (GDP) in the current quarter.\nThe hot housing market, in other words, has actually become a drag on growth.\nHousing economist Bill McBride noted Wednesday that the economics group at Goldman Sachs cut its forecast for current quarter GDP, to an annualized growth rate of 8.75%, from a previous outlook for growth to hit 9%. A small change, to be sure. But an example of how the economy-wide demand glut does have some natural speed brakes.\nOn Wednesday, May's report on new home sales showed the pace of sales fell 5.9% last month to an annualized rate of 769,000. The actual number of homes sold last month was the lowest in a year. This report followed Tuesday's gauge on existing home sales, which declined for the fourth straight month to an annualized rate of 5.8 million homes.\nThese drops in the pace of sales, however, were accompanied by a continued surge in pricing as demand cannot be met. The median increase in the price of an existing home sold rose 23.6% over last year in May, while the median increase in a new home's price was 18.1% over last year. But this increase in prices can't offset the negative growth impact of fewer homes trading hands.\nMahir Rasheed, U.S. economist at Oxford Economics, flagged in a note Wednesday that while home sales are likely to be flat or lower for the rest of the year, backlogs should keep homebuilder activity supported.\n\"Nearly 90% of the for-sale inventory in May was of homes where construction is ongoing or has not started, while 36% of homes already sold have not yet broken ground,\" Rasheed wrote.\n\"These backlogs should support homebuilder activity even if the current pace of home sales moderates, although there are likely to be delays in the near term as builders contend with supply chain issues,\" he added. Rasheed also noted that with lumber prices coming down, builder cost pressures being pushed to buyers could ease.\nBut in a note to clients published Wednesday, Ian Shepherdson at Pantheon Macroeconomics was less sanguine on the situation. \"\nNew home sales \"look set to fall further, with a decent chance they’ll soon be back below the pre-COVID trend,\" Shepherdson wrote. \"The story here, we think, is simply that demand in the suburbs has fallen as COVID fear has faded. Inventory remains low but it is rising rapidly; supply hit 5.1 months of current sales in May, up from 3.6 months in January.\"\nShepherdson added that this data points to \"an accident waiting to happen.\"\nWe argued earlier this month that lumber prices cratering reveal to us the future of this recovery. A future in which the most acute pricing pressures ease just as they fell: abruptly.\nBut abrupt turns in the economy don't create healthy conditions. Rather, these turns set the table for investors who couldn't be bullish enough coming into 2021 to suddenly find themselves caught offside the other way.\nBy Myles Udland, reporter and anchor for Yahoo Finance Live. Follow him at @MylesUdland\nWhat to watch today\nEconomy \n\n8:30 a.m. ET: Advance Goods Trade Balance, May (-$87.5 billion expected, -$85.2 billion in April)\n8:30 a.m. ET: Wholesale inventories, May preliminary (0.8% in April)\n8:30 a.m. ET: Durable goods orders, May preliminary (2.8% expected, -1.3% in April)\n8:30 a.m. ET: Durable goods orders excluding transportation, May preliminary (0.7% expected, 1.0% in April)\n8:30 a.m. ET: Non-defense capital goods orders excluding aircraft, May preliminary (0.6% expected, 2.2% in April)\n8:30 a.m. ET: Non-defense capital goods shipments excluding aircraft (0.8% expected, 0.9% in April)\n8:30 a.m. ET: GDP annualized, quarter-over-quarter, Q1 third print (6.4% expected, 6.4% in prior print)\n8:30 a.m. ET: Personal consumption, Q1 third print (11.4% expected, 11.3% in prior print)\n8:30 a.m. ET: GDP Price Index, Q1 third print (4.3% expected, 4.3% in prior print)\n8:30 a.m. ET: Initial jobless claims, week ended June 19 (380,000 expected, 412,000 in prior print)\n8:30 a.m. ET: Continuing claims, week ended June 12 (3.460 million expected, 3.518 million in prior print)\n11:00 a.m. ET: Kansas City Fed Manufacturing Activity Index, June (24 expected, 26 in prior print)\n\nEarnings\nPre-market\n\n7:00 a.m. ET: Darden Restaurants (DRI) is expected to report adjusted earnings of $1.77 per share on revenue of $2.19 billion\n\nPost-market\n\n4:00 p.m. ET: Fedex (FDX) is expected to report adjusted earnings of $5.00 per share on revenue of $21.49 billion\n4:15 p.m. ET: Nike (NKE) is expected to report adjusted earnings of 50 cents per share on revenue of $11.03 billion\n\nTop News\n U.S. software mogul John McAfee dies by hanging in Spanish prison, lawyer says [Reuters]\nBitcoin trading above $32,000 but cryptos remain under pressure {Yahoo Finance UK]\nSenators to pitch bipartisan infrastructure plan to Biden [AP]\nMicrosoft’s big Windows 11 event is coming up — here's what to expect [Yahoo Finance]\nYahoo Finance Highlights\nFed cautious about return to pre-pandemic labor market\nActivist investor who shook up Bed Bath & Beyond and Kohl's says this is the next big retail opportunity\nGDP is back. Workers are not","news_type":1},"isVote":1,"tweetType":1,"viewCount":359,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":121580190,"gmtCreate":1624475656610,"gmtModify":1631893665417,"author":{"id":"3582116981853587","authorId":"3582116981853587","name":"Wenda1909","avatar":"https://static.tigerbbs.com/0db29f4a2a23b7d054af6c523666523a","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3582116981853587","authorIdStr":"3582116981853587"},"themes":[],"htmlText":"Good","listText":"Good","text":"Good","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/121580190","repostId":"1104273824","repostType":4,"isVote":1,"tweetType":1,"viewCount":456,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":121229570,"gmtCreate":1624466274390,"gmtModify":1631893665427,"author":{"id":"3582116981853587","authorId":"3582116981853587","name":"Wenda1909","avatar":"https://static.tigerbbs.com/0db29f4a2a23b7d054af6c523666523a","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3582116981853587","authorIdStr":"3582116981853587"},"themes":[],"htmlText":"Good&nbsp;","listText":"Good&nbsp;","text":"Good","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/121229570","repostId":"1159107044","repostType":4,"isVote":1,"tweetType":1,"viewCount":368,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":129699517,"gmtCreate":1624370240839,"gmtModify":1631893665438,"author":{"id":"3582116981853587","authorId":"3582116981853587","name":"Wenda1909","avatar":"https://static.tigerbbs.com/0db29f4a2a23b7d054af6c523666523a","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3582116981853587","authorIdStr":"3582116981853587"},"themes":[],"htmlText":"Hi&nbsp;","listText":"Hi&nbsp;","text":"Hi","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/129699517","repostId":"1177499959","repostType":4,"isVote":1,"tweetType":1,"viewCount":293,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":168141142,"gmtCreate":1623968414386,"gmtModify":1631893665451,"author":{"id":"3582116981853587","authorId":"3582116981853587","name":"Wenda1909","avatar":"https://static.tigerbbs.com/0db29f4a2a23b7d054af6c523666523a","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3582116981853587","authorIdStr":"3582116981853587"},"themes":[],"htmlText":"Interesting&nbsp;","listText":"Interesting&nbsp;","text":"Interesting","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/168141142","repostId":"2144774701","repostType":2,"isVote":1,"tweetType":1,"viewCount":382,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":168143569,"gmtCreate":1623968380351,"gmtModify":1631893665461,"author":{"id":"3582116981853587","authorId":"3582116981853587","name":"Wenda1909","avatar":"https://static.tigerbbs.com/0db29f4a2a23b7d054af6c523666523a","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3582116981853587","authorIdStr":"3582116981853587"},"themes":[],"htmlText":"Wow","listText":"Wow","text":"Wow","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/168143569","repostId":"2143763826","repostType":2,"repost":{"id":"2143763826","kind":"highlight","weMediaInfo":{"introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"media_name":"T-Reuters","id":"1086160438","head_image":"https://static.tigerbbs.com/a113a995fbbc262262d15a5ce37e7bc5"},"pubTimestamp":1623787501,"share":"https://www.laohu8.com/m/news/2143763826?lang=&edition=full","pubTime":"2021-06-16 04:05","market":"hk","language":"en","title":"Starbucks Says John Culver Promoted To Group President, North America And Chief Operating Officer","url":"https://stock-news.laohu8.com/highlight/detail?id=2143763826","media":"T-Reuters","summary":"June 15 (Reuters) - Starbucks Corp : :Starbucks Says John Culver Promoted To Group President, North ","content":"<html><body><p>June 15 (Reuters) - Starbucks Corp <sbux.o>: :Starbucks Says John Culver Promoted To Group President, North America And Chief Operating Officer.</sbux.o></p></body></html>","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>Starbucks Says John Culver Promoted To Group President, North America And Chief Operating Officer</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; 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overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nStarbucks Says John Culver Promoted To Group President, North America And Chief Operating Officer\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1086160438\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/a113a995fbbc262262d15a5ce37e7bc5);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">T-Reuters </p>\n<p class=\"h-time\">2021-06-16 04:05</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><body><p>June 15 (Reuters) - Starbucks Corp <sbux.o>: :Starbucks Says John Culver Promoted To Group President, North America And Chief Operating Officer.</sbux.o></p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"SBUX":"星巴克"},"source_url":"https://www.trkd.thomsonreuters.com","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2143763826","content_text":"June 15 (Reuters) - Starbucks Corp : :Starbucks Says John Culver Promoted To Group President, North America And Chief Operating Officer.","news_type":1},"isVote":1,"tweetType":1,"viewCount":435,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"defaultTab":"followers","isTTM":false}