[Smile]_老虎社区_美港股上老虎

2021-07-16

[Smile]

How Is the Economy Doing? Here’s What Banks Say<blockquote>经济怎么样？以下是银行的说法</blockquote>

免责声明：上述内容仅代表发帖人个人观点，不构成本平台的任何投资建议。

精彩评论

我们需要你的真知灼见来填补这片空白

发表看法

{"i18n":{"language":"zh_CN"},"detailType":1,"isChannel":false,"data":{"magic":2,"id":170050306,"tweetId":"170050306","gmtCreate":1626396691405,"gmtModify":1631893904034,"author":{"id":3562021302587423,"idStr":"3562021302587423","authorId":3562021302587423,"authorIdStr":"3562021302587423","name":"Ben0619","avatar":"https://static.tigerbbs.com/686311cfc332bed69f8e43770c6dbabe","vip":1,"userType":1,"introduction":"","boolIsFan":false,"boolIsHead":false,"crmLevel":12,"crmLevelSwitch":0,"individualDisplayBadges":[],"wearingBadges":[],"fanSize":7,"starInvestorFlag":false},"themes":[],"images":[],"coverImages":[],"title":"","extraTitle":"","html":"<html><head></head><body>[Smile]&nbsp; </body></html>","htmlText":"<html><head></head><body>[Smile]&nbsp; </body></html>","text":"[Smile]","highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"link":"https://laohu8.com/post/170050306","repostId":1152215280,"repostType":4,"repost":{"id":"1152215280","kind":"news","pubTimestamp":1626395812,"share":"https://www.laohu8.com/m/news/1152215280?lang=zh_CN&edition=full","pubTime":"2021-07-16 08:36","market":"us","language":"en","title":"How Is the Economy Doing? Here’s What Banks Say<blockquote>经济怎么样？以下是银行的说法</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1152215280","media":"The Wall Street Journal","summary":"Quarterly earnings from JPMorgan, Goldman and other big banks show an economy going strong. The ques","content":" Quarterly earnings from JPMorgan, Goldman and other big banks show an economy going strong. The question is, for how long? Here’s what the biggest U.S. banks are telling us about the state of the economy.<blockquote>摩根大通、高盛和其他大银行的季度收益显示经济走强。问题是，多久？以下是美国最大的银行告诉我们的经济状况。</blockquote> Consumer spending is returning to pre-pandemic levels, and borrowing appears poised to rise. Markets are cooling, but deal making is as hot as ever. Still, the recovery remains vulnerable, bank executives said.Covid-19variantsare driving up case counts, raising the specter of new lockdowns. Government-aid programs that kept many Americans afloat are about to expire.<blockquote>消费者支出正在恢复到大流行前的水平，借贷似乎有望上升。市场正在降温，但交易一如既往地火爆。银行高管表示，尽管如此，复苏仍然脆弱。 COVID-19 变种正在推高病例数，引发了新封锁的幽灵。让许多美国人得以维持生计的政府援助计划即将到期。</blockquote> People Are Spending but Not Borrowing–Yet<blockquote>人们在消费，但没有借贷——还没有</blockquote> Americans are spending again, even more than they were pre-pandemic—booking trips and paying for restaurant meals with their credit cards. Flush with cash from government stimulus programs, they arepaying down their card debt faster than they are spending.<blockquote>美国人又开始消费了，甚至比大流行前还要多——用信用卡预订旅行和支付餐馆用餐费用。由于政府刺激计划带来的现金充裕，他们偿还信用卡债务的速度比消费的速度还要快。</blockquote> That could change as supply-chain bottlenecks ease forcars, refrigerators and other big-ticket items. “The pump is primed” for more borrowing, saidJPMorganJPM0.22%Chase &amp; Co. CEO Jamie Dimon.<blockquote>随着供应链瓶颈缓解汽车、冰箱和其他大件商品的供应，这种情况可能会发生变化。摩根大通JPM0.22%Chase &amp; Co. 首席执行官杰米-戴蒙（Jamie Dimon）表示，“泵已经准备好”增加借款。</blockquote> “What we’re seeing are people starting to spend and act in a way that seems more like the way it was before the pandemic started.”— Mike Santomassimo, Wells Fargo CFO <img src=\"https://static.tigerbbs.com/be48032714bd8f318c611219dcc3fa83\" tg-width=\"721\" tg-height=\"514\"><img src=\"https://static.tigerbbs.com/a5b81a306f6fcb0deec93f3a9a6bb424\" tg-width=\"722\" tg-height=\"522\"><blockquote>“我们看到的是，人们开始以一种似乎更像大流行病开始前的方式消费和行为”。—Mike Santomassimo，富国银行首席财务官</blockquote> The Housing Market Is on Fire<blockquote>房地产市场着火了</blockquote> The housing market remained red hot, with buyersbidding up the pricesof second homes and suburban mansions.Wells Fargo &amp; Co.and JPMorgan extended more mortgages than in the first quarter, which was already a blockbuster stretch for home lending.<blockquote>房地产市场依然火爆，买家抬高了第二套住房和郊区豪宅的价格。富国银行和摩根大通延长了比第一季度更多的抵押贷款，这对于住房贷款来说已经是一个巨大的增长。</blockquote> But many are being priced out of the market, raising questions about growth. “We’ve seen so much home price appreciation that maybe affordability starts to be a little bit of a headwind,” said JPMorgan Chief Financial Officer Jeremy Barnum.<blockquote>但许多产品被定价出市场，引发了对增长的质疑。“摩根大通首席财务官杰里米-巴纳姆（Jeremy Barnum）说：”我们已经看到了如此多的房价升值，也许负担能力开始成为一个小阻力。</blockquote> <img src=\"https://static.tigerbbs.com/6406da6ffd435413559cb47d364be95c\" tg-width=\"729\" tg-height=\"519\"><blockquote></blockquote> CEOs Are Doing Deals<blockquote>首席执行官们正在进行交易</blockquote> Corporations are spending, too. Deal making feessurged at the banksfrom a year before, reaching an all-time high at JPMorgan. And executives across the Street said more deals are in the works, indicating that CEOs are optimistic about the economy’s trajectory.Goldman Sachs Group Inc., for example, said its backlog of investment-banking transactions ended the quarter at a record level.<blockquote>企业也在支出。银行的交易手续费较一年前激增，摩根大通创下历史新高。街对面的高管表示，更多交易正在进行中，这表明首席执行官们对经济发展轨迹持乐观态度。例如，高盛集团（Goldman Sachs Group Inc.）表示，其积压的投资银行交易在本季度末达到了创纪录的水平。</blockquote> “I think there’s a general sense of optimism. One never wants to jinx these things, but we really have a fabulous pipeline.” — Jane Fraser, Citigroup CEO <img src=\"https://static.tigerbbs.com/c8125bfd4a43287bebd8674df3f41438\" tg-width=\"763\" tg-height=\"530\"><blockquote>“我认为人们普遍感到乐观。人们永远不想让这些事情倒霉，但我们确实有一个出色的管道”。——花旗集团首席执行官简·弗雷泽</blockquote> Markets Are Busy–But for How Long?<blockquote>市场很繁忙——但会持续多久呢？</blockquote> Calmer markets dampened trading revenue, particularly in fixed income. But markets are still busier than they were pre-pandemic. Executives aren’t sure how long that will last.<blockquote>市场平静抑制了交易收入，尤其是固定收益。但市场仍然比大流行前更加繁忙。高管们不确定这种情况会持续多久。</blockquote> 31%: decline in total trading revenue at Goldman, JPMorgan and Citigroup<blockquote>31%：高盛、摩根大通和花旗集团的交易总收入下降</blockquote> “We believe that this summer represents the acid test for whether normalized trading levels will be higher than pre-pandemic,” Goldman analysts wrote before the banks reported earnings.<blockquote>“高盛分析师在银行公布财报前写道：”我们认为，今年夏天将是对正常化交易水平是否会高于大流行前的一次严峻考验。</blockquote>","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>How Is the Economy Doing? Here’s What Banks Say<blockquote>经济怎么样？以下是银行的说法</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\">\nHow Is the Economy Doing? Here’s What Banks Say<blockquote>经济怎么样？以下是银行的说法</blockquote>\n</h2>\n<h4 class=\"meta\">\n\nThe Wall Street Journal2021-07-16 08:36\n\n</h4>\n</header>\n<article>\n Quarterly earnings from JPMorgan, Goldman and other big banks show an economy going strong. The question is, for how long? Here’s what the biggest U.S. banks are telling us about the state of the economy.<blockquote>摩根大通、高盛和其他大银行的季度收益显示经济走强。问题是，多久？以下是美国最大的银行告诉我们的经济状况。</blockquote> Consumer spending is returning to pre-pandemic levels, and borrowing appears poised to rise. Markets are cooling, but deal making is as hot as ever. Still, the recovery remains vulnerable, bank executives said.Covid-19variantsare driving up case counts, raising the specter of new lockdowns. Government-aid programs that kept many Americans afloat are about to expire.<blockquote>消费者支出正在恢复到大流行前的水平，借贷似乎有望上升。市场正在降温，但交易一如既往地火爆。银行高管表示，尽管如此，复苏仍然脆弱。 COVID-19 变种正在推高病例数，引发了新封锁的幽灵。让许多美国人得以维持生计的政府援助计划即将到期。</blockquote> People Are Spending but Not Borrowing–Yet<blockquote>人们在消费，但没有借贷——还没有</blockquote> Americans are spending again, even more than they were pre-pandemic—booking trips and paying for restaurant meals with their credit cards. Flush with cash from government stimulus programs, they arepaying down their card debt faster than they are spending.<blockquote>美国人又开始消费了，甚至比大流行前还要多——用信用卡预订旅行和支付餐馆用餐费用。由于政府刺激计划带来的现金充裕，他们偿还信用卡债务的速度比消费的速度还要快。</blockquote> That could change as supply-chain bottlenecks ease forcars, refrigerators and other big-ticket items. “The pump is primed” for more borrowing, saidJPMorganJPM0.22%Chase &amp; Co. CEO Jamie Dimon.<blockquote>随着供应链瓶颈缓解汽车、冰箱和其他大件商品的供应，这种情况可能会发生变化。摩根大通JPM0.22%Chase &amp; Co. 首席执行官杰米-戴蒙（Jamie Dimon）表示，“泵已经准备好”增加借款。</blockquote> “What we’re seeing are people starting to spend and act in a way that seems more like the way it was before the pandemic started.”— Mike Santomassimo, Wells Fargo CFO <img src=\"https://static.tigerbbs.com/be48032714bd8f318c611219dcc3fa83\" tg-width=\"721\" tg-height=\"514\"><img src=\"https://static.tigerbbs.com/a5b81a306f6fcb0deec93f3a9a6bb424\" tg-width=\"722\" tg-height=\"522\"><blockquote>“我们看到的是，人们开始以一种似乎更像大流行病开始前的方式消费和行为”。—Mike Santomassimo，富国银行首席财务官</blockquote> The Housing Market Is on Fire<blockquote>房地产市场着火了</blockquote> The housing market remained red hot, with buyersbidding up the pricesof second homes and suburban mansions.Wells Fargo &amp; Co.and JPMorgan extended more mortgages than in the first quarter, which was already a blockbuster stretch for home lending.<blockquote>房地产市场依然火爆，买家抬高了第二套住房和郊区豪宅的价格。富国银行和摩根大通延长了比第一季度更多的抵押贷款，这对于住房贷款来说已经是一个巨大的增长。</blockquote> But many are being priced out of the market, raising questions about growth. “We’ve seen so much home price appreciation that maybe affordability starts to be a little bit of a headwind,” said JPMorgan Chief Financial Officer Jeremy Barnum.<blockquote>但许多产品被定价出市场，引发了对增长的质疑。“摩根大通首席财务官杰里米-巴纳姆（Jeremy Barnum）说：”我们已经看到了如此多的房价升值，也许负担能力开始成为一个小阻力。</blockquote> <img src=\"https://static.tigerbbs.com/6406da6ffd435413559cb47d364be95c\" tg-width=\"729\" tg-height=\"519\"><blockquote></blockquote> CEOs Are Doing Deals<blockquote>首席执行官们正在进行交易</blockquote> Corporations are spending, too. Deal making feessurged at the banksfrom a year before, reaching an all-time high at JPMorgan. And executives across the Street said more deals are in the works, indicating that CEOs are optimistic about the economy’s trajectory.Goldman Sachs Group Inc., for example, said its backlog of investment-banking transactions ended the quarter at a record level.<blockquote>企业也在支出。银行的交易手续费较一年前激增，摩根大通创下历史新高。街对面的高管表示，更多交易正在进行中，这表明首席执行官们对经济发展轨迹持乐观态度。例如，高盛集团（Goldman Sachs Group Inc.）表示，其积压的投资银行交易在本季度末达到了创纪录的水平。</blockquote> “I think there’s a general sense of optimism. One never wants to jinx these things, but we really have a fabulous pipeline.” — Jane Fraser, Citigroup CEO <img src=\"https://static.tigerbbs.com/c8125bfd4a43287bebd8674df3f41438\" tg-width=\"763\" tg-height=\"530\"><blockquote>“我认为人们普遍感到乐观。人们永远不想让这些事情倒霉，但我们确实有一个出色的管道”。——花旗集团首席执行官简·弗雷泽</blockquote> Markets Are Busy–But for How Long?<blockquote>市场很繁忙——但会持续多久呢？</blockquote> Calmer markets dampened trading revenue, particularly in fixed income. But markets are still busier than they were pre-pandemic. Executives aren’t sure how long that will last.<blockquote>市场平静抑制了交易收入，尤其是固定收益。但市场仍然比大流行前更加繁忙。高管们不确定这种情况会持续多久。</blockquote> 31%: decline in total trading revenue at Goldman, JPMorgan and Citigroup<blockquote>31%：高盛、摩根大通和花旗集团的交易总收入下降</blockquote> “We believe that this summer represents the acid test for whether normalized trading levels will be higher than pre-pandemic,” Goldman analysts wrote before the banks reported earnings.<blockquote>“高盛分析师在银行公布财报前写道：”我们认为，今年夏天将是对正常化交易水平是否会高于大流行前的一次严峻考验。</blockquote>\n<div class=\"bt-text\">\n\n\n 来源：<a href=\"https://www.wsj.com/articles/how-is-the-economy-doing-heres-what-banks-say-11626308450?mod=rss_markets_main\">The Wall Street Journal</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":{".DJI":"道琼斯","SPY":"标普500ETF",".SPX":"S&P 500 Index",".IXIC":"NASDAQ Composite"},"source_url":"https://www.wsj.com/articles/how-is-the-economy-doing-heres-what-banks-say-11626308450?mod=rss_markets_main","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1152215280","content_text":"Quarterly earnings from JPMorgan, Goldman and other big banks show an economy going strong. The question is, for how long?\n\nHere’s what the biggest U.S. banks are telling us about the state of the economy.\nConsumer spending is returning to pre-pandemic levels, and borrowing appears poised to rise. Markets are cooling, but deal making is as hot as ever. Still, the recovery remains vulnerable, bank executives said.Covid-19variantsare driving up case counts, raising the specter of new lockdowns. Government-aid programs that kept many Americans afloat are about to expire.\nPeople Are Spending but Not Borrowing–Yet\nAmericans are spending again, even more than they were pre-pandemic—booking trips and paying for restaurant meals with their credit cards. Flush with cash from government stimulus programs, they arepaying down their card debt faster than they are spending.\nThat could change as supply-chain bottlenecks ease forcars, refrigerators and other big-ticket items. “The pump is primed” for more borrowing, saidJPMorganJPM0.22%Chase & Co. CEO Jamie Dimon.\n\n“What we’re seeing are people starting to spend and act in a way that seems more like the way it was before the pandemic started.”— \n Mike Santomassimo, Wells Fargo CFO\n\n\nThe Housing Market Is on Fire\nThe housing market remained red hot, with buyersbidding up the pricesof second homes and suburban mansions.Wells Fargo & Co.and JPMorgan extended more mortgages than in the first quarter, which was already a blockbuster stretch for home lending.\nBut many are being priced out of the market, raising questions about growth. “We’ve seen so much home price appreciation that maybe affordability starts to be a little bit of a headwind,” said JPMorgan Chief Financial Officer Jeremy Barnum.\n\nCEOs Are Doing Deals\nCorporations are spending, too. Deal making feessurged at the banksfrom a year before, reaching an all-time high at JPMorgan. And executives across the Street said more deals are in the works, indicating that CEOs are optimistic about the economy’s trajectory.Goldman Sachs Group Inc., for example, said its backlog of investment-banking transactions ended the quarter at a record level.\n\n“I think there’s a general sense of optimism. One never wants to jinx these things, but we really have a fabulous pipeline.”\n— Jane Fraser, Citigroup CEO\n\n\nMarkets Are Busy–But for How Long?\nCalmer markets dampened trading revenue, particularly in fixed income. But markets are still busier than they were pre-pandemic. Executives aren’t sure how long that will last.\n31%: decline in total trading revenue at Goldman, JPMorgan and Citigroup\n“We believe that this summer represents the acid test for whether normalized trading levels will be higher than pre-pandemic,” Goldman analysts wrote before the banks reported earnings.","news_type":1,"symbols_score_info":{"SPY":0.9,".DJI":0.9,".SPX":0.9,".IXIC":0.9}},"isVote":1,"tweetType":1,"viewCount":2911,"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":7,"subscribersOnly":false,"subscribersOnlyAccessible":false,"xxTargetLangEnum":"ORIG"},"commentList":[],"isCommentEnd":true,"isTiger":false,"isWeiXinMini":false,"url":"/m/post/170050306"}