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{"i18n":{"language":"zh_CN"},"detailType":1,"isChannel":false,"data":{"magic":2,"id":116271693,"tweetId":"116271693","gmtCreate":1622808067812,"gmtModify":1634097827995,"author":{"id":3569978586500313,"idStr":"3569978586500313","authorId":3569978586500313,"authorIdStr":"3569978586500313","name":"CSYNCTP06","avatar":"https://static.tigerbbs.com/4fd2aa5c3a3fb737be0567ef3f336a98","vip":1,"userType":1,"introduction":"","boolIsFan":false,"boolIsHead":false,"crmLevel":11,"crmLevelSwitch":0,"individualDisplayBadges":[],"wearingBadges":[],"fanSize":2,"starInvestorFlag":false},"themes":[],"images":[],"coverImages":[],"title":"","extraTitle":"","html":"<html><head></head><body>Hi</body></html>","htmlText":"<html><head></head><body>Hi</body></html>","text":"Hi","highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"link":"https://laohu8.com/post/116271693","repostId":2140033314,"repostType":4,"repost":{"id":"2140033314","kind":"highlight","pubTimestamp":1622807843,"share":"https://www.laohu8.com/m/news/2140033314?lang=zh_CN&edition=full","pubTime":"2021-06-04 19:57","market":"us","language":"en","title":"Why markets have been stuck, and what might get them moving again<blockquote>为什么市场陷入困境，什么可能会让它们再次移动</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=2140033314","media":"MarketWatch","summary":"Like a pinball stuck in a machine, markets have been wedged in. The S&P 500 hasn't seen a move great","content":"Like a pinball stuck in a machine, markets have been wedged in. The S&amp;P 500 hasn't seen a move greater than 0.4% in either direction for the last seven consecutive sessions. If the stock market were to close for the entire rest of the year, a 12% rise in the S&amp;P 500 certainly wouldn't be a bad result, but it's worth examining why there's so little movement right now.<blockquote>就像弹球卡在机器里一样，市场已经被卡住了。标普500在过去连续七个交易日的两个方向上的涨幅都没有超过 0.4%。如果股市在今年剩余时间内休市，标普500上涨 12% 当然不会是一个糟糕的结果，但值得研究一下为什么现在波动如此之小。</blockquote> It might be worth looking at the benchmark asset for all securities, the 10-year Treasury . After surging from below 1% to as high as 1.78%, the yield on the 10-year Treasury has just kind of drifted. That's despite sensational economic data, including the 70 reading registered on the IHS <a href=\"https://laohu8.com/S/MRKT\">Markit</a> services purchasing managers index released Thursday.<blockquote>可能值得关注所有证券的基准资产，即 10 年期国债。在从 1% 以下飙升至高达 1.78% 之后，10 年期国债收益率有所波动。尽管有耸人听闻的经济数据，包括 IHS 上记录的 70 读数<a href=\"https://laohu8.com/S/MRKT\">市场</a>周四发布的服务采购经理人指数。</blockquote> The Institute of International Finance, the trade body for banks, said what's going on is that markets are believing the Federal Reserve. In particular, they think the Fed average inflation targeting program is anchoring longer-term yields.<blockquote>银行交易机构国际金融协会表示，目前的情况是市场相信美联储。特别是，他们认为美联储的平均通胀目标计划正在锚定长期收益率。</blockquote> Compared with the 2013 taper tantrum, IIF's economists led by Robin Brooks say it's notable how few Fed rate hikes are priced in.<blockquote>与 2013 年缩减规模的恐慌相比，以罗宾·布鲁克斯 (Robin Brooks) 为首的 IIF 经济学家表示，值得注意的是，美联储加息的次数很少。</blockquote> <img src=\"https://static.tigerbbs.com/3a5dd30fb56f2308cff6d736af7a45d4\" tg-width=\"1260\" tg-height=\"575\"><blockquote></blockquote> The surprisingly weak April payrolls report, they note, was an 8-standard deviation surprise, yet it did little to move bonds in either direction. \"To break the stalemate on the 10-year, payrolls will need to show real progress on labor market recovery, which is still outstanding,\" they said.<blockquote>他们指出，4 月份就业报告出人意料地疲软，这是一个 8 个标准差的惊喜，但它对债券向任何方向移动都没有什么作用。他们表示：“为了打破 10 年期的僵局，就业数据需要显示劳动力市场复苏的真正进展，而劳动力市场复苏仍然悬而未决。”</blockquote> The IIF rejects the idea that slowing Chinese credit growth is the real reason markets have hit pause. \"That impulse doesn't even correlate with China's GDP, let alone global activity,\" they say.<blockquote>IIF驳斥了中国信贷增长放缓是市场停滞的真正原因的观点。“这种冲动甚至与中国的GDP无关，更不用说全球活动了，”他们说。</blockquote>","source":"lsy1603348471595","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Why markets have been stuck, and what might get them moving again<blockquote>为什么市场陷入困境，什么可能会让它们再次移动</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\">\nWhy markets have been stuck, and what might get them moving again<blockquote>为什么市场陷入困境，什么可能会让它们再次移动</blockquote>\n</h2>\n<h4 class=\"meta\">\n\nMarketWatch2021-06-04 19:57\n\n</h4>\n</header>\n<article>\nLike a pinball stuck in a machine, markets have been wedged in. The S&amp;P 500 hasn't seen a move greater than 0.4% in either direction for the last seven consecutive sessions. If the stock market were to close for the entire rest of the year, a 12% rise in the S&amp;P 500 certainly wouldn't be a bad result, but it's worth examining why there's so little movement right now.<blockquote>就像弹球卡在机器里一样，市场已经被卡住了。标普500在过去连续七个交易日的两个方向上的涨幅都没有超过 0.4%。如果股市在今年剩余时间内休市，标普500上涨 12% 当然不会是一个糟糕的结果，但值得研究一下为什么现在波动如此之小。</blockquote> It might be worth looking at the benchmark asset for all securities, the 10-year Treasury . After surging from below 1% to as high as 1.78%, the yield on the 10-year Treasury has just kind of drifted. That's despite sensational economic data, including the 70 reading registered on the IHS <a href=\"https://laohu8.com/S/MRKT\">Markit</a> services purchasing managers index released Thursday.<blockquote>可能值得关注所有证券的基准资产，即 10 年期国债。在从 1% 以下飙升至高达 1.78% 之后，10 年期国债收益率有所波动。尽管有耸人听闻的经济数据，包括 IHS 上记录的 70 读数<a href=\"https://laohu8.com/S/MRKT\">市场</a>周四发布的服务采购经理人指数。</blockquote> The Institute of International Finance, the trade body for banks, said what's going on is that markets are believing the Federal Reserve. In particular, they think the Fed average inflation targeting program is anchoring longer-term yields.<blockquote>银行交易机构国际金融协会表示，目前的情况是市场相信美联储。特别是，他们认为美联储的平均通胀目标计划正在锚定长期收益率。</blockquote> Compared with the 2013 taper tantrum, IIF's economists led by Robin Brooks say it's notable how few Fed rate hikes are priced in.<blockquote>与 2013 年缩减规模的恐慌相比，以罗宾·布鲁克斯 (Robin Brooks) 为首的 IIF 经济学家表示，值得注意的是，美联储加息的次数很少。</blockquote> <img src=\"https://static.tigerbbs.com/3a5dd30fb56f2308cff6d736af7a45d4\" tg-width=\"1260\" tg-height=\"575\"><blockquote></blockquote> The surprisingly weak April payrolls report, they note, was an 8-standard deviation surprise, yet it did little to move bonds in either direction. \"To break the stalemate on the 10-year, payrolls will need to show real progress on labor market recovery, which is still outstanding,\" they said.<blockquote>他们指出，4 月份就业报告出人意料地疲软，这是一个 8 个标准差的惊喜，但它对债券向任何方向移动都没有什么作用。他们表示：“为了打破 10 年期的僵局，就业数据需要显示劳动力市场复苏的真正进展，而劳动力市场复苏仍然悬而未决。”</blockquote> The IIF rejects the idea that slowing Chinese credit growth is the real reason markets have hit pause. \"That impulse doesn't even correlate with China's GDP, let alone global activity,\" they say.<blockquote>IIF驳斥了中国信贷增长放缓是市场停滞的真正原因的观点。“这种冲动甚至与中国的GDP无关，更不用说全球活动了，”他们说。</blockquote>\n<div class=\"bt-text\">\n\n\n 来源：<a href=\"https://www.marketwatch.com/story/why-markets-have-been-stuck-and-what-might-get-them-moving-again-11622802791?mod=home-page\">MarketWatch</a>\n为提升您的阅读体验，我们对本页面进行了排版优化\n\n\n</div>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".IXIC":"NASDAQ Composite",".SPX":"S&P 500 Index",".DJI":"道琼斯"},"source_url":"https://www.marketwatch.com/story/why-markets-have-been-stuck-and-what-might-get-them-moving-again-11622802791?mod=home-page","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2140033314","content_text":"Like a pinball stuck in a machine, markets have been wedged in. The S&P 500 hasn't seen a move greater than 0.4% in either direction for the last seven consecutive sessions. If the stock market were to close for the entire rest of the year, a 12% rise in the S&P 500 certainly wouldn't be a bad result, but it's worth examining why there's so little movement right now.\nIt might be worth looking at the benchmark asset for all securities, the 10-year Treasury . After surging from below 1% to as high as 1.78%, the yield on the 10-year Treasury has just kind of drifted. That's despite sensational economic data, including the 70 reading registered on the IHS Markit services purchasing managers index released Thursday.\nThe Institute of International Finance, the trade body for banks, said what's going on is that markets are believing the Federal Reserve. In particular, they think the Fed average inflation targeting program is anchoring longer-term yields.\nCompared with the 2013 taper tantrum, IIF's economists led by Robin Brooks say it's notable how few Fed rate hikes are priced in.\n\nThe surprisingly weak April payrolls report, they note, was an 8-standard deviation surprise, yet it did little to move bonds in either direction. \"To break the stalemate on the 10-year, payrolls will need to show real progress on labor market recovery, which is still outstanding,\" they said.\nThe IIF rejects the idea that slowing Chinese credit growth is the real reason markets have hit pause. \"That impulse doesn't even correlate with China's GDP, let alone global activity,\" they say.","news_type":1,"symbols_score_info":{".DJI":0.9,".SPX":0.9,".IXIC":0.9}},"isVote":1,"tweetType":1,"viewCount":1031,"commentLimit":10,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"symbols":[],"verified":2,"subType":0,"readableState":1,"langContent":"EN","currentLanguage":"EN","warmUpFlag":false,"orderFlag":false,"shareable":true,"causeOfNotShareable":"","featuresForAnalytics":[],"commentAndTweetFlag":false,"andRepostAutoSelectedFlag":false,"upFlag":false,"length":2,"xxTargetLangEnum":"ORIG"},"commentList":[],"isCommentEnd":true,"isTiger":false,"isWeiXinMini":false,"url":"/m/post/116271693"}