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KenCheng

KenCheng

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2021-09-06

$京东物流(02618)$割肉还是保留[捂脸] [捂脸] [捂脸]

2021-09-04

这全都是泡沫。。。。

史上最大逃税丑闻！文艺复兴基金或补缴近70亿美元税款

2021-07-05

没趣的一天

提醒：因美国独立日假期，7月5日美股全天休市

2021-08-21

快上回去吧，没眼看了

抱歉，原内容已删除

2021-08-06

$蔚来(NIO)$补仓

2021-07-21

下回大跌买定你了

抱歉，原内容已删除

2021-08-06

听了几个月了，就算跌也没去年低吧

美国经济陷入“滞胀”？全球市场开始重新寻找逻辑

2021-07-07

[生气] [生气] [生气]

抱歉，原内容已删除

2021-09-13

Come come us stock

抱歉，原内容已删除

2021-08-23

虚拟货币又要爆发了

抱歉，原内容已删除

去老虎APP查看更多动态

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21:16","market":"us","language":"zh","title":"高盛：季末将会有140亿美元的资金注入美股市场","url":"https://stock-news.laohu8.com/highlight/detail?id=2171953422","media":"金十数据","summary":"波动性何时会飙升？\n高盛基于模型估计，考虑到月度、季度的股票和债券走势，将有140亿美元的资金从养老金流向股票市场。\n这结论是怎么得出来的呢？根据高盛的Gillian Hood所说，在过去三年以绝对美","content":"<p>波动性何时会飙升？</p>\n<p><a href=\"https://laohu8.com/S/GS\">高盛</a>基于模型估计，考虑到月度、季度的股票和债券走势，将有140亿美元的资金从养老金流向股票市场。</p>\n<p>这结论是怎么得出来的呢？根据高盛的Gillian Hood所说，在过去三年以绝对美元价值计算的所有调仓估值中，有36%的调仓是到达140亿美元这一水平的。从绝对价值来看，低于3年以来的平均调仓估值260亿美元。</p>\n<p><img src=\"https://static.tigerbbs.com/79885735f31f241efdb515d0bda78167\" tg-width=\"550\" tg-height=\"397\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"></p>\n<p>下图展示出，养老金波动性逐月上升。</p>\n<p><img src=\"https://static.tigerbbs.com/1908fd3c9ecfd94b602fdbc0ca83e6a6\" tg-width=\"550\" tg-height=\"441\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"></p>\n<p>尽管这与养老金调仓的话题相距甚远，但高盛提出了一个有趣的看法：e-迷你标普500指数期货（ES）的流动性是直接和伽马（gamma）相关的。</p>\n<p><img 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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\">\n高盛：季末将会有140亿美元的资金注入美股市场\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-09-30 21:16 北京时间&nbsp;&nbsp;&nbsp;<a href=https://finance.sina.com.cn/stock/usstock/c/2021-09-30/doc-iktzqtyt9091433.shtml><strong>金十数据</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>波动性何时会飙升？\n高盛基于模型估计，考虑到月度、季度的股票和债券走势，将有140亿美元的资金从养老金流向股票市场。\n这结论是怎么得出来的呢？根据高盛的Gillian Hood所说，在过去三年以绝对美元价值计算的所有调仓估值中，有36%的调仓是到达140亿美元这一水平的。从绝对价值来看，低于3年以来的平均调仓估值260亿美元。\n\n下图展示出，养老金波动性逐月上升。\n\n尽管这与养老金调仓的话题...</p>\n\n<a href=\"https://finance.sina.com.cn/stock/usstock/c/2021-09-30/doc-iktzqtyt9091433.shtml\">网页链接</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://static.tigerbbs.com/8e87285f5f61644eaba65898e6ccf2bf","relate_stocks":{"GS":"高盛"},"source_url":"https://finance.sina.com.cn/stock/usstock/c/2021-09-30/doc-iktzqtyt9091433.shtml","is_english":false,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2171953422","content_text":"波动性何时会飙升？\n高盛基于模型估计，考虑到月度、季度的股票和债券走势，将有140亿美元的资金从养老金流向股票市场。\n这结论是怎么得出来的呢？根据高盛的Gillian 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[笑哭]","images":[{"img":"https://static.tigerbbs.com/45c68f95ec0adde3aeba4b771942a3b7","width":"1080","height":"2968"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/862396330","isVote":1,"tweetType":1,"viewCount":3005,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"CN","totalScore":0},{"id":866998047,"gmtCreate":1632718576789,"gmtModify":1632798316096,"author":{"id":"3558566101600142","authorId":"3558566101600142","name":"KenCheng","avatar":"https://static.tigerbbs.com/02fdd19f114098870a0ee6a120507fbe","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3558566101600142","authorIdStr":"3558566101600142"},"themes":[],"htmlText":"加油","listText":"加油","text":"加油","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/866998047","repostId":"2170645634","repostType":4,"repost":{"id":"2170645634","kind":"highlight","pubTimestamp":1632713105,"share":"https://www.laohu8.com/m/news/2170645634?lang=zh_CN&edition=full","pubTime":"2021-09-27 11:25","market":"us","language":"zh","title":"尽管芯片需求强劲，分析师预计美光科技Q4业绩难超预期","url":"https://stock-news.laohu8.com/highlight/detail?id=2170645634","media":"新浪财经","summary":"　　美光科技将于9月28日公布2021年第四季度财报。Zacks预期其Q4调整后每股收益为 2.31 美元，同比增长113.9%；预计营收为81.9 亿美元，同比增长35.3%。　　该公司在过去四个季度的收益都超过了Zacks的共识估计，平均较预期高出7.7%。　　在家工作和学习的情况刺激了个人电脑制造商和数据中心运营商对芯片的大量需求，预计这将推动美光科技第四季度业绩。　　Zacks予美光科技的评级为4（卖出），根据模型，美光本季度的收益可能不会超过预期。","content":"<p><a href=\"https://laohu8.com/S/MU\">美光科技</a>（MU.US）将于9月28日公布2021年第四季度财报。 Zacks预期其Q4调整后每股收益为 2.31 美元，同比增长113.9%；预计营收为81.9 亿美元，同比增长35.3%。</p>\n<p>该公司在过去四个季度的收益都超过了Zacks的共识估计，平均较预期高出7.7%。</p>\n<p><img src=\"https://static.tigerbbs.com/893e998d1767599e575186603826c2d7\" tg-width=\"578\" tg-height=\"315\" referrerpolicy=\"no-referrer\"></p>\n<p>需要考虑的因素</p>\n<p>在家工作和学习的情况刺激了个人电脑制造商和数据中心运营商对芯片的大量需求，预计这将推动美光科技第四季度业绩。</p>\n<p>疫情期间的远程工作和在线学习趋势也促进了对云存储的需求。 此外，封锁促进了全球在线和电子商务服务的使用，迫使数据中心运营商增加容量，以适应云服务的需求激增。 这些因素都可能提高美光在本季度的营收。</p>\n<p>预计第四季度的云计算、图形、个人电脑和笔记本电脑、5G和汽车市场的DRAM Bit出货量稳步上升。</p>\n<p>不过，利润率较低的 NAND产品的占比上升，加上内存价格较低且制造成本难以下降，预计将使利润率吃紧。</p>\n<p>此外，更高的预审费用和人工费用可能对美光公司第四季度的业绩产生负面影响。 在第二季度的财报电话会议上，该公司指出，由于预审费用和人工费用的增加，预计2021财年下半年的运营费用将增加。</p>\n<p>另外，由于恢复加薪，预计第四季度的运营费用将大幅增加。 这可能会损害季度利润率和盈利能力。</p>\n<p>Zacks予美光科技的评级为4（卖出），根据模型，美光本季度的收益可能不会超过预期。</p>","source":"sina_us","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>尽管芯片需求强劲，分析师预计美光科技Q4业绩难超预期</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\">\n尽管芯片需求强劲，分析师预计美光科技Q4业绩难超预期\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-09-27 11:25 北京时间&nbsp;&nbsp;&nbsp;<a href=https://finance.sina.com.cn/stock/usstock/c/2021-09-27/doc-iktzscyx6559050.shtml><strong>新浪财经</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>美光科技（MU.US）将于9月28日公布2021年第四季度财报。 Zacks预期其Q4调整后每股收益为 2.31 美元，同比增长113.9%；预计营收为81.9 亿美元，同比增长35.3%。\n该公司在过去四个季度的收益都超过了Zacks的共识估计，平均较预期高出7.7%。\n\n需要考虑的因素\n在家工作和学习的情况刺激了个人电脑制造商和数据中心运营商对芯片的大量需求，预计这将推动美光科技第四季度业绩。...</p>\n\n<a href=\"https://finance.sina.com.cn/stock/usstock/c/2021-09-27/doc-iktzscyx6559050.shtml\">网页链接</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://static.tigerbbs.com/8b81c0c0111c68e734ad1f1bf2673e76","relate_stocks":{"159813":"芯片","MU":"美光科技"},"source_url":"https://finance.sina.com.cn/stock/usstock/c/2021-09-27/doc-iktzscyx6559050.shtml","is_english":false,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2170645634","content_text":"美光科技（MU.US）将于9月28日公布2021年第四季度财报。 Zacks预期其Q4调整后每股收益为 2.31 美元，同比增长113.9%；预计营收为81.9 亿美元，同比增长35.3%。\n该公司在过去四个季度的收益都超过了Zacks的共识估计，平均较预期高出7.7%。\n\n需要考虑的因素\n在家工作和学习的情况刺激了个人电脑制造商和数据中心运营商对芯片的大量需求，预计这将推动美光科技第四季度业绩。\n疫情期间的远程工作和在线学习趋势也促进了对云存储的需求。 此外，封锁促进了全球在线和电子商务服务的使用，迫使数据中心运营商增加容量，以适应云服务的需求激增。 这些因素都可能提高美光在本季度的营收。\n预计第四季度的云计算、图形、个人电脑和笔记本电脑、5G和汽车市场的DRAM Bit出货量稳步上升。\n不过，利润率较低的 NAND产品的占比上升，加上内存价格较低且制造成本难以下降，预计将使利润率吃紧。\n此外，更高的预审费用和人工费用可能对美光公司第四季度的业绩产生负面影响。 在第二季度的财报电话会议上，该公司指出，由于预审费用和人工费用的增加，预计2021财年下半年的运营费用将增加。\n另外，由于恢复加薪，预计第四季度的运营费用将大幅增加。 这可能会损害季度利润率和盈利能力。\nZacks予美光科技的评级为4（卖出），根据模型，美光本季度的收益可能不会超过预期。","news_type":1,"symbols_score_info":{"159813":0.9,"MU":0.9}},"isVote":1,"tweetType":1,"viewCount":2988,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":868079393,"gmtCreate":1632561974812,"gmtModify":1632657243405,"author":{"id":"3558566101600142","authorId":"3558566101600142","name":"KenCheng","avatar":"https://static.tigerbbs.com/02fdd19f114098870a0ee6a120507fbe","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3558566101600142","authorIdStr":"3558566101600142"},"themes":[],"htmlText":"我命由我不由天","listText":"我命由我不由天","text":"我命由我不由天","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/868079393","repostId":"2170910611","repostType":4,"repost":{"id":"2170910611","kind":"highlight","pubTimestamp":1632539951,"share":"https://www.laohu8.com/m/news/2170910611?lang=zh_CN&edition=full","pubTime":"2021-09-25 11:19","market":"hk","language":"zh","title":"芯片缺货问题影响几何?","url":"https://stock-news.laohu8.com/highlight/detail?id=2170910611","media":"智通财经网","summary":"芯片缺货掣肘众多下游行业，汽车、消费电子受到的影响较为严重\n从去年四季度开始，全球范围内的芯片缺货呈现愈演愈烈的态势。去年9月份，由于高通(QCOM.US)和联发科的手机芯片和电源管理芯片供货不足，手","content":"<p><b>芯片缺货掣肘众多下游行业，汽车、消费电子受到的影响较为严重</b></p>\n<p>从去年四季度开始，全球范围内的芯片缺货呈现愈演愈烈的态势。去年9月份，由于<a href=\"https://laohu8.com/S/QCOM\">高通</a>(QCOM.US)和联发科的手机芯片和电源管理芯片供货不足，手机品牌商和零部件厂商出货放缓，缺芯问题开始被市场所注意。进入12月之后，大众由于芯片不足停产，此后通用(GM.US)、福特(F.US)、丰田(TM.US)等多家汽车厂商宣布停产或者减产，缺芯问题蔓延至汽车领域。进入到2021年，缺芯问题在更多行业发酵，根据高通发布的分析报告，本次缺芯在一定程度上打击了全球169个行业，包括汽车、消费电子、工业、安防等。</p>\n<p>缺芯导致下游行业出货疲软，根据IHSMarkit的报告，由于半导体短缺及芯片封装和测试延迟，今年全球轻型汽车的产量可能会减少500万辆。缺芯对上市公司业绩产生了明显影响，以<a href=\"https://laohu8.com/S/02382\">舜宇光学科技</a>为例，2021年上半年公司移动电话相关产品营收同比下降了4.66%。此外缺芯导致芯片价格上涨，比如代表DRAM价格的DXI指数自去年低位已经上涨了一倍以上，下游行业的成本上升，毛利率承压。</p>\n<p><b>缺芯归因于半导体处于景气向上周期，疫情、需求结构变化等是助推力</b></p>\n<p>本次缺芯的重要原因是2020年之后半导体处于景气向上周期。半导体行业具有明显的周期属性，从供应侧来说，由于晶圆厂资本开支巨大且产线从建设到投产需要相当长的时间，半导体厂商普遍在下游需求旺盛时过于乐观，而在需求低位时比较谨慎。而半导体需求与宏观经济和电子产品创新有关，也存在着景气度周期性波动。因此，半导体行业经常处于供求不匹配的周期循环之中。2019年是上一轮半导体行业下行周期的底部，2020年由于新冠疫情的冲击，半导体厂商的资本开支普遍负增长。随着疫情得到有效控制和各国政府加大经济刺激措施，汽车、家电等需求迅速反弹，5G、新能源汽车等新需求出现爆发式增长，半导体供求关系逆转进入到上升周期。此外由于疫情反复、各种人为事故和自然灾害，美国、日本和马来西亚工厂的多次突发停产导致供应端雪上加霜。</p>\n<p><b>预计缺芯将会至少持续到今年年底，行业有望在2022年中实现供求平衡</b></p>\n<p>针对缺芯问题，全球各国政府和企业已陆续采取各种措施积极应对，包括提升供应链透明度，推动本土建厂，扩充现有工厂产能等。我国政府也推出了三大举措精准对接汽车芯片供应链，纾解缺芯困局。但总的来说要在短期内解决缺芯问题并非易事，芯片供应链短缺仍将存在一段时间。根据IHSMarkit和IDC等机构的预测，缺芯的状况将会至少持续到今年年底，随着产能的不断释放，芯片供求关系有望在2022年中实现平衡。而随着 2022 年底会开始出现更大规模的产能扩张，2023 年可能出现产能过剩的迹象。</p>\n<p><img src=\"https://static.tigerbbs.com/586d8e21ce2f82082160d28e700d639b\" tg-width=\"1074\" tg-height=\"583\" referrerpolicy=\"no-referrer\"><img src=\"https://static.tigerbbs.com/fa32d7f6d46dcd675ab180c03922cd91\" tg-width=\"1072\" tg-height=\"625\" referrerpolicy=\"no-referrer\"></p>","source":"highlight_zhitongcaijin","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>芯片缺货问题影响几何?</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{ 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}\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\">\n芯片缺货问题影响几何?\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-09-25 11:19 北京时间&nbsp;&nbsp;&nbsp;<a href=http://www.zhitongcaijing.com/content/detail/565599.html><strong>智通财经网</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>芯片缺货掣肘众多下游行业，汽车、消费电子受到的影响较为严重\n从去年四季度开始，全球范围内的芯片缺货呈现愈演愈烈的态势。去年9月份，由于高通(QCOM.US)和联发科的手机芯片和电源管理芯片供货不足，手机品牌商和零部件厂商出货放缓，缺芯问题开始被市场所注意。进入12月之后，大众由于芯片不足停产，此后通用(GM.US)、福特(F.US)、丰田(TM.US)等多家汽车厂商宣布停产或者减产，缺芯问题蔓延至...</p>\n\n<a href=\"http://www.zhitongcaijing.com/content/detail/565599.html\">网页链接</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://static.tigerbbs.com/8ac0eee43a23c8582c5fb15df951f615","relate_stocks":{"INTC":"英特尔"},"source_url":"http://www.zhitongcaijing.com/content/detail/565599.html","is_english":false,"share_image_url":"https://static.laohu8.com/6ca2dcdccfa2217fb20a0351f4efe814","article_id":"2170910611","content_text":"芯片缺货掣肘众多下游行业，汽车、消费电子受到的影响较为严重\n从去年四季度开始，全球范围内的芯片缺货呈现愈演愈烈的态势。去年9月份，由于高通(QCOM.US)和联发科的手机芯片和电源管理芯片供货不足，手机品牌商和零部件厂商出货放缓，缺芯问题开始被市场所注意。进入12月之后，大众由于芯片不足停产，此后通用(GM.US)、福特(F.US)、丰田(TM.US)等多家汽车厂商宣布停产或者减产，缺芯问题蔓延至汽车领域。进入到2021年，缺芯问题在更多行业发酵，根据高通发布的分析报告，本次缺芯在一定程度上打击了全球169个行业，包括汽车、消费电子、工业、安防等。\n缺芯导致下游行业出货疲软，根据IHSMarkit的报告，由于半导体短缺及芯片封装和测试延迟，今年全球轻型汽车的产量可能会减少500万辆。缺芯对上市公司业绩产生了明显影响，以舜宇光学科技为例，2021年上半年公司移动电话相关产品营收同比下降了4.66%。此外缺芯导致芯片价格上涨，比如代表DRAM价格的DXI指数自去年低位已经上涨了一倍以上，下游行业的成本上升，毛利率承压。\n缺芯归因于半导体处于景气向上周期，疫情、需求结构变化等是助推力\n本次缺芯的重要原因是2020年之后半导体处于景气向上周期。半导体行业具有明显的周期属性，从供应侧来说，由于晶圆厂资本开支巨大且产线从建设到投产需要相当长的时间，半导体厂商普遍在下游需求旺盛时过于乐观，而在需求低位时比较谨慎。而半导体需求与宏观经济和电子产品创新有关，也存在着景气度周期性波动。因此，半导体行业经常处于供求不匹配的周期循环之中。2019年是上一轮半导体行业下行周期的底部，2020年由于新冠疫情的冲击，半导体厂商的资本开支普遍负增长。随着疫情得到有效控制和各国政府加大经济刺激措施，汽车、家电等需求迅速反弹，5G、新能源汽车等新需求出现爆发式增长，半导体供求关系逆转进入到上升周期。此外由于疫情反复、各种人为事故和自然灾害，美国、日本和马来西亚工厂的多次突发停产导致供应端雪上加霜。\n预计缺芯将会至少持续到今年年底，行业有望在2022年中实现供求平衡\n针对缺芯问题，全球各国政府和企业已陆续采取各种措施积极应对，包括提升供应链透明度，推动本土建厂，扩充现有工厂产能等。我国政府也推出了三大举措精准对接汽车芯片供应链，纾解缺芯困局。但总的来说要在短期内解决缺芯问题并非易事，芯片供应链短缺仍将存在一段时间。根据IHSMarkit和IDC等机构的预测，缺芯的状况将会至少持续到今年年底，随着产能的不断释放，芯片供求关系有望在2022年中实现平衡。而随着 2022 年底会开始出现更大规模的产能扩张，2023 年可能出现产能过剩的迹象。","news_type":1,"symbols_score_info":{"INTC":0.9}},"isVote":1,"tweetType":1,"viewCount":2113,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":861602253,"gmtCreate":1632489794872,"gmtModify":1632718176942,"author":{"id":"3558566101600142","authorId":"3558566101600142","name":"KenCheng","avatar":"https://static.tigerbbs.com/02fdd19f114098870a0ee6a120507fbe","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3558566101600142","authorIdStr":"3558566101600142"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/FUT/BTCmain\">$CME比特币主连 2110(BTCmain)$ &nbsp;</a>[贱笑]&nbsp;[贱笑]&nbsp;","listText":"<a href=\"https://laohu8.com/FUT/BTCmain\">$CME比特币主连 2110(BTCmain)$ &nbsp;</a>[贱笑]&nbsp;[贱笑]&nbsp;","text":"$CME比特币主连 2110(BTCmain)$ [贱笑] [贱笑]","images":[{"img":"https://static.tigerbbs.com/1073921387e597960d27e9be31189496","width":"1080","height":"1876"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/861602253","isVote":1,"tweetType":1,"viewCount":2570,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"CN","totalScore":0},{"id":863581034,"gmtCreate":1632405880928,"gmtModify":1632731816563,"author":{"id":"3558566101600142","authorId":"3558566101600142","name":"KenCheng","avatar":"https://static.tigerbbs.com/02fdd19f114098870a0ee6a120507fbe","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3558566101600142","authorIdStr":"3558566101600142"},"themes":[],"htmlText":"[生气]&nbsp;[生气]&nbsp;[生气]&nbsp;","listText":"[生气]&nbsp;[生气]&nbsp;[生气]&nbsp;","text":"[生气] [生气] [生气]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/863581034","repostId":"1103482465","repostType":4,"repost":{"id":"1103482465","kind":"news","weMediaInfo":{"introduction":"为用户提供金融资讯、行情、数据，旨在帮助投资者理解世界，做投资决策。","home_visible":1,"media_name":"老虎资讯综合","id":"102","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"pubTimestamp":1632403820,"share":"https://www.laohu8.com/m/news/1103482465?lang=zh_CN&edition=full","pubTime":"2021-09-23 21:30","market":"us","language":"zh","title":"开盘：美股集体高开，四季教育大涨超42%","url":"https://stock-news.laohu8.com/highlight/detail?id=1103482465","media":"老虎资讯综合","summary":"9月23日（周四），道琼斯指数开盘上涨219.87点，涨幅0.64%，报34478.19点；标普500指开盘上涨19.29点，涨幅0.44%，报4414.93点；纳斯达克综合指数开盘上涨51.5点，涨","content":"<p>9月23日（周四），道琼斯指数开盘上涨219.87点，涨幅0.64%，报34478.19点；标普500指开盘上涨19.29点，涨幅0.44%，报4414.93点；纳斯达克综合指数开盘上涨51.5点，涨幅0.35%，报14948.4点。</p>\n<p><img src=\"https://static.tigerbbs.com/43588fe02abbb8bf1a98b7bac07f9cfe\" tg-width=\"840\" tg-height=\"470\" referrerpolicy=\"no-referrer\"></p>\n<p>中概教育股多数走高，<a href=\"https://laohu8.com/S/FEDU\">四季教育</a>大涨超42%，公司宣布：可在2021年9月23日起的未来12个月内回购至多1500万美元的ADS。同时，<a href=\"https://laohu8.com/S/EDU\">新东方</a>涨近2%，<a href=\"https://laohu8.com/S/ONE\">精锐教育</a>、一起教育涨超3%。</p>\n<p><a href=\"https://laohu8.com/S/BEST\">百世集团</a>涨逾9%，消息称百世集团考虑出售快递子公司，估值或至多达10亿美元。</p>\n<p><a href=\"https://laohu8.com/S/BBRY\">黑莓</a>盘初涨超5%，<a href=\"https://laohu8.com/S/BB\">黑莓</a>公司第二季度营收1.75亿美元，同比下滑34%，但仍然好于市场预期，第二季度净亏损为1.44亿美元，较去年同期净亏损2300万美元有所扩大。</p>\n<p><a href=\"https://laohu8.com/S/CRM\">Salesforce</a>涨3%，此前公司提高22财年营收指引并给出23财年营收指引。</p>\n<p><a href=\"https://laohu8.com/S/NVAX\">诺瓦瓦克斯医药</a>涨超6%，此前宣布向世界卫生组织申请将其新冠疫苗列入紧急使用名单。</p>\n<p>空白支票公司<a href=\"https://laohu8.com/S/AMHC\">Amplitude Healthcare</a>开涨30.5%，股东批准其与物联网<a href=\"https://laohu8.com/S/V03.SI\">创业公司</a>Jasper合并。</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>开盘：美股集体高开，四季教育大涨超42%</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\">\n开盘：美股集体高开，四季教育大涨超42%\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/102\">\n\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\">老虎资讯综合 </p>\n<p class=\"h-time\">2021-09-23 21:30</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>9月23日（周四），道琼斯指数开盘上涨219.87点，涨幅0.64%，报34478.19点；标普500指开盘上涨19.29点，涨幅0.44%，报4414.93点；纳斯达克综合指数开盘上涨51.5点，涨幅0.35%，报14948.4点。</p>\n<p><img src=\"https://static.tigerbbs.com/43588fe02abbb8bf1a98b7bac07f9cfe\" tg-width=\"840\" tg-height=\"470\" referrerpolicy=\"no-referrer\"></p>\n<p>中概教育股多数走高，<a href=\"https://laohu8.com/S/FEDU\">四季教育</a>大涨超42%，公司宣布：可在2021年9月23日起的未来12个月内回购至多1500万美元的ADS。同时，<a href=\"https://laohu8.com/S/EDU\">新东方</a>涨近2%，<a href=\"https://laohu8.com/S/ONE\">精锐教育</a>、一起教育涨超3%。</p>\n<p><a href=\"https://laohu8.com/S/BEST\">百世集团</a>涨逾9%，消息称百世集团考虑出售快递子公司，估值或至多达10亿美元。</p>\n<p><a href=\"https://laohu8.com/S/BBRY\">黑莓</a>盘初涨超5%，<a href=\"https://laohu8.com/S/BB\">黑莓</a>公司第二季度营收1.75亿美元，同比下滑34%，但仍然好于市场预期，第二季度净亏损为1.44亿美元，较去年同期净亏损2300万美元有所扩大。</p>\n<p><a href=\"https://laohu8.com/S/CRM\">Salesforce</a>涨3%，此前公司提高22财年营收指引并给出23财年营收指引。</p>\n<p><a href=\"https://laohu8.com/S/NVAX\">诺瓦瓦克斯医药</a>涨超6%，此前宣布向世界卫生组织申请将其新冠疫苗列入紧急使用名单。</p>\n<p>空白支票公司<a href=\"https://laohu8.com/S/AMHC\">Amplitude Healthcare</a>开涨30.5%，股东批准其与物联网<a href=\"https://laohu8.com/S/V03.SI\">创业公司</a>Jasper合并。</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://static.tigerbbs.com/ff6e3231d788a5a6d28cf7965385cc7f","relate_stocks":{".DJI":"道琼斯"},"is_english":false,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1103482465","content_text":"9月23日（周四），道琼斯指数开盘上涨219.87点，涨幅0.64%，报34478.19点；标普500指开盘上涨19.29点，涨幅0.44%，报4414.93点；纳斯达克综合指数开盘上涨51.5点，涨幅0.35%，报14948.4点。\n\n中概教育股多数走高，四季教育大涨超42%，公司宣布：可在2021年9月23日起的未来12个月内回购至多1500万美元的ADS。同时，新东方涨近2%，精锐教育、一起教育涨超3%。\n百世集团涨逾9%，消息称百世集团考虑出售快递子公司，估值或至多达10亿美元。\n黑莓盘初涨超5%，黑莓公司第二季度营收1.75亿美元，同比下滑34%，但仍然好于市场预期，第二季度净亏损为1.44亿美元，较去年同期净亏损2300万美元有所扩大。\nSalesforce涨3%，此前公司提高22财年营收指引并给出23财年营收指引。\n诺瓦瓦克斯医药涨超6%，此前宣布向世界卫生组织申请将其新冠疫苗列入紧急使用名单。\n空白支票公司Amplitude Healthcare开涨30.5%，股东批准其与物联网创业公司Jasper合并。","news_type":1,"symbols_score_info":{".DJI":0.9}},"isVote":1,"tweetType":1,"viewCount":908,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":863517375,"gmtCreate":1632405759897,"gmtModify":1632731897593,"author":{"id":"3558566101600142","authorId":"3558566101600142","name":"KenCheng","avatar":"https://static.tigerbbs.com/02fdd19f114098870a0ee6a120507fbe","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3558566101600142","authorIdStr":"3558566101600142"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/DQ\">$大全新能源(DQ)$</a>ready to fry","listText":"<a href=\"https://laohu8.com/S/DQ\">$大全新能源(DQ)$</a>ready to fry","text":"$大全新能源(DQ)$ready to fry","images":[{"img":"https://static.tigerbbs.com/24cb6ec5fd1cd8271acf38b03a9d42dd","width":"1080","height":"2968"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/863517375","isVote":1,"tweetType":1,"viewCount":541,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":869582377,"gmtCreate":1632303967299,"gmtModify":1632801386034,"author":{"id":"3558566101600142","authorId":"3558566101600142","name":"KenCheng","avatar":"https://static.tigerbbs.com/02fdd19f114098870a0ee6a120507fbe","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3558566101600142","authorIdStr":"3558566101600142"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/FFIE\">$Faraday Future(FFIE)$</a>[喷血]&nbsp;[喷血]&nbsp;[喷血]&nbsp;","listText":"<a href=\"https://laohu8.com/S/FFIE\">$Faraday Future(FFIE)$</a>[喷血]&nbsp;[喷血]&nbsp;[喷血]&nbsp;","text":"$Faraday Future(FFIE)$[喷血] [喷血] [喷血]","images":[{"img":"https://static.tigerbbs.com/59437164690093d0a7d1d595ceb8d060","width":"1080","height":"2993"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/869582377","isVote":1,"tweetType":1,"viewCount":944,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"CN","totalScore":0},{"id":869586769,"gmtCreate":1632303872351,"gmtModify":1632801386281,"author":{"id":"3558566101600142","authorId":"3558566101600142","name":"KenCheng","avatar":"https://static.tigerbbs.com/02fdd19f114098870a0ee6a120507fbe","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3558566101600142","authorIdStr":"3558566101600142"},"themes":[],"htmlText":"来了来了","listText":"来了来了","text":"来了来了","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/869586769","repostId":"1113078142","repostType":4,"repost":{"id":"1113078142","kind":"news","weMediaInfo":{"introduction":"为用户提供金融资讯、行情、数据，旨在帮助投资者理解世界，做投资决策。","home_visible":1,"media_name":"老虎资讯综合","id":"102","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"pubTimestamp":1632302352,"share":"https://www.laohu8.com/m/news/1113078142?lang=zh_CN&edition=full","pubTime":"2021-09-22 17:19","market":"us","language":"zh","title":"盘前异动：热门中概股普涨，FF获基金大佬建仓","url":"https://stock-news.laohu8.com/highlight/detail?id=1113078142","media":"老虎资讯综合","summary":"投资者需密切关注美联储会否释放在今年减少购债规模的信号。","content":"<p>9月22日（周三），美股三大指数期货集体上涨。美联储将于北京时间周四凌晨02:00（美国东部时间14:00）结束货币政策会议，投资者需密切关注美联储会否释放在今年减少购债规模的信号。之后，美联储主席鲍威尔还将举行新闻发布会。</p>\n<p><img src=\"https://static.tigerbbs.com/6b30e0392744a89a38dcc001b9502619\" tg-width=\"694\" tg-height=\"263\" referrerpolicy=\"no-referrer\"></p>\n<p><a href=\"https://laohu8.com/S/GOTU\">高途</a>盘前涨0.81%，公司第二季度营收22.32亿元，市场预期24.97亿元，去年同期16.5亿元；第二季度净亏损9.188亿元，市场预期净亏损2.87亿元，去年同期净利润0.19亿元；第二季度每股亏损3.59元，市场预期亏损2.2元，去年同期盈利0.07元。</p>\n<p>热门中概股盘前多数上扬，<a href=\"https://laohu8.com/S/STG\">尚德机构</a>盘前涨超10%，<a href=\"https://laohu8.com/S/ZTO\">中通快递</a>涨超3%，<a href=\"https://laohu8.com/S/TME\">腾讯音乐</a>、<a href=\"https://laohu8.com/S/DIDI\">滴滴</a>涨超2%，<a href=\"https://laohu8.com/S/BILI\">哔哩哔哩</a>、<a href=\"https://laohu8.com/S/JD\">京东</a>、<a href=\"https://laohu8.com/S/NIO\">蔚来</a>涨超1%。</p>\n<p><a href=\"https://laohu8.com/S/FFIE\">法拉第未来</a>盘前涨近5%，消息称<b>全球最大的公募基金先锋领航已对该股进行建仓，成为第五大股东。</b></p>\n<p><img src=\"https://static.tigerbbs.com/f2f39d90a8165cb2ec2143ed613d55e7\" tg-width=\"450\" tg-height=\"397\" referrerpolicy=\"no-referrer\"></p>\n<p><a href=\"https://laohu8.com/S/FDX\">联邦快递</a>盘前跌超5%，公司第一财季调整后EPS为4.37美元，不及分析师预期的4.92美元。</p>\n<p>云企业营销软件<a href=\"https://laohu8.com/S/MRIN\">Marin Software</a>盘前飙涨75%，公司此前与<a href=\"https://laohu8.com/S/GOOG\">谷歌</a>达成收入分成协议，以开发其企业技术平台和软件产品。</p>\n<p><a href=\"https://laohu8.com/S/ADBE\">Adobe</a>盘前跌3%。 该公司第三季度总营收39.4亿美元，同比增长22%，GAAP摊薄后每股收益为2.52美元，同比增长28%，Non-GAAP摊薄后每股收益为3.11美元，同比增长21%。</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\" 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17:19</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>9月22日（周三），美股三大指数期货集体上涨。美联储将于北京时间周四凌晨02:00（美国东部时间14:00）结束货币政策会议，投资者需密切关注美联储会否释放在今年减少购债规模的信号。之后，美联储主席鲍威尔还将举行新闻发布会。</p>\n<p><img src=\"https://static.tigerbbs.com/6b30e0392744a89a38dcc001b9502619\" tg-width=\"694\" tg-height=\"263\" referrerpolicy=\"no-referrer\"></p>\n<p><a href=\"https://laohu8.com/S/GOTU\">高途</a>盘前涨0.81%，公司第二季度营收22.32亿元，市场预期24.97亿元，去年同期16.5亿元；第二季度净亏损9.188亿元，市场预期净亏损2.87亿元，去年同期净利润0.19亿元；第二季度每股亏损3.59元，市场预期亏损2.2元，去年同期盈利0.07元。</p>\n<p>热门中概股盘前多数上扬，<a href=\"https://laohu8.com/S/STG\">尚德机构</a>盘前涨超10%，<a href=\"https://laohu8.com/S/ZTO\">中通快递</a>涨超3%，<a href=\"https://laohu8.com/S/TME\">腾讯音乐</a>、<a href=\"https://laohu8.com/S/DIDI\">滴滴</a>涨超2%，<a href=\"https://laohu8.com/S/BILI\">哔哩哔哩</a>、<a href=\"https://laohu8.com/S/JD\">京东</a>、<a href=\"https://laohu8.com/S/NIO\">蔚来</a>涨超1%。</p>\n<p><a href=\"https://laohu8.com/S/FFIE\">法拉第未来</a>盘前涨近5%，消息称<b>全球最大的公募基金先锋领航已对该股进行建仓，成为第五大股东。</b></p>\n<p><img src=\"https://static.tigerbbs.com/f2f39d90a8165cb2ec2143ed613d55e7\" tg-width=\"450\" tg-height=\"397\" referrerpolicy=\"no-referrer\"></p>\n<p><a href=\"https://laohu8.com/S/FDX\">联邦快递</a>盘前跌超5%，公司第一财季调整后EPS为4.37美元，不及分析师预期的4.92美元。</p>\n<p>云企业营销软件<a href=\"https://laohu8.com/S/MRIN\">Marin Software</a>盘前飙涨75%，公司此前与<a href=\"https://laohu8.com/S/GOOG\">谷歌</a>达成收入分成协议，以开发其企业技术平台和软件产品。</p>\n<p><a href=\"https://laohu8.com/S/ADBE\">Adobe</a>盘前跌3%。 该公司第三季度总营收39.4亿美元，同比增长22%，GAAP摊薄后每股收益为2.52美元，同比增长28%，Non-GAAP摊薄后每股收益为3.11美元，同比增长21%。</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://static.tigerbbs.com/a82005fdd5a20870413111b3adc1a547","relate_stocks":{".DJI":"道琼斯"},"is_english":false,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1113078142","content_text":"9月22日（周三），美股三大指数期货集体上涨。美联储将于北京时间周四凌晨02:00（美国东部时间14:00）结束货币政策会议，投资者需密切关注美联储会否释放在今年减少购债规模的信号。之后，美联储主席鲍威尔还将举行新闻发布会。\n\n高途盘前涨0.81%，公司第二季度营收22.32亿元，市场预期24.97亿元，去年同期16.5亿元；第二季度净亏损9.188亿元，市场预期净亏损2.87亿元，去年同期净利润0.19亿元；第二季度每股亏损3.59元，市场预期亏损2.2元，去年同期盈利0.07元。\n热门中概股盘前多数上扬，尚德机构盘前涨超10%，中通快递涨超3%，腾讯音乐、滴滴涨超2%，哔哩哔哩、京东、蔚来涨超1%。\n法拉第未来盘前涨近5%，消息称全球最大的公募基金先锋领航已对该股进行建仓，成为第五大股东。\n\n联邦快递盘前跌超5%，公司第一财季调整后EPS为4.37美元，不及分析师预期的4.92美元。\n云企业营销软件Marin Software盘前飙涨75%，公司此前与谷歌达成收入分成协议，以开发其企业技术平台和软件产品。\nAdobe盘前跌3%。 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[捂脸]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/869042124","repostId":"1118508123","repostType":4,"repost":{"id":"1118508123","kind":"news","weMediaInfo":{"introduction":"为用户提供金融资讯、行情、数据，旨在帮助投资者理解世界，做投资决策。","home_visible":1,"media_name":"老虎资讯综合","id":"102","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"pubTimestamp":1632231041,"share":"https://www.laohu8.com/m/news/1118508123?lang=zh_CN&edition=full","pubTime":"2021-09-21 21:30","market":"us","language":"zh","title":"开盘：美股三大指数集体高开，热门中概股多数走高","url":"https://stock-news.laohu8.com/highlight/detail?id=1118508123","media":"老虎资讯综合","summary":"9月21日，美股三大指数集体高开，道琼斯指数开盘上涨121.54点，涨幅0.36%，报34092.01点；纳斯达克指数开盘上涨66.87点，涨幅0.47%，报14780.38点；标普500指数开盘上涨","content":"<p>9月21日，美股三大指数集体高开，道琼斯指数开盘上涨121.54点，涨幅0.36%，报34092.01点；纳斯达克指数开盘上涨66.87点，涨幅0.47%，报14780.38点；标普500指数开盘上涨19.60点，涨幅0.45%，报4377.33点。</p>\n<p>热门中概股多数走高，<a href=\"https://laohu8.com/S/BILI\">哔哩哔哩</a>、<a href=\"https://laohu8.com/S/NIO\">蔚来</a>涨超1%。</p>\n<p><a href=\"https://laohu8.com/S/UBER\">优步</a>涨超5%，公司预计第三、四季度的盈利能力将持续改善。</p>\n<p><a href=\"https://laohu8.com/S/QS\">QuantumScape&nbsp;Corp</a>大涨11%，公司今日宣布与一家营收排名全球前十的车厂签订了合作协议，将合作研发固态电池原型。</p>\n<p><a href=\"https://laohu8.com/S/BILL\">Bill.com&nbsp;Holdings</a>跌近5%，公司将发行价值10亿美元的普通股。</p>\n<p><a href=\"https://laohu8.com/S/RWLK\">Rewalk Robotics</a>涨19%，机构预测可穿戴<a href=\"https://laohu8.com/S/300024\">机器人</a>和体外骨骼市场的复合年增长率达22.17%。</p>\n<p><a href=\"https://laohu8.com/S/WMG\">华纳音乐</a>涨超11%，报45.57美元，创历史新高。</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>开盘：美股三大指数集体高开，热门中概股多数走高</title>\n<style 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21:30</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>9月21日，美股三大指数集体高开，道琼斯指数开盘上涨121.54点，涨幅0.36%，报34092.01点；纳斯达克指数开盘上涨66.87点，涨幅0.47%，报14780.38点；标普500指数开盘上涨19.60点，涨幅0.45%，报4377.33点。</p>\n<p>热门中概股多数走高，<a href=\"https://laohu8.com/S/BILI\">哔哩哔哩</a>、<a href=\"https://laohu8.com/S/NIO\">蔚来</a>涨超1%。</p>\n<p><a href=\"https://laohu8.com/S/UBER\">优步</a>涨超5%，公司预计第三、四季度的盈利能力将持续改善。</p>\n<p><a href=\"https://laohu8.com/S/QS\">QuantumScape&nbsp;Corp</a>大涨11%，公司今日宣布与一家营收排名全球前十的车厂签订了合作协议，将合作研发固态电池原型。</p>\n<p><a href=\"https://laohu8.com/S/BILL\">Bill.com&nbsp;Holdings</a>跌近5%，公司将发行价值10亿美元的普通股。</p>\n<p><a href=\"https://laohu8.com/S/RWLK\">Rewalk Robotics</a>涨19%，机构预测可穿戴<a href=\"https://laohu8.com/S/300024\">机器人</a>和体外骨骼市场的复合年增长率达22.17%。</p>\n<p><a href=\"https://laohu8.com/S/WMG\">华纳音乐</a>涨超11%，报45.57美元，创历史新高。</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://static.tigerbbs.com/ff6e3231d788a5a6d28cf7965385cc7f","relate_stocks":{".IXIC":"NASDAQ Composite",".SPX":"S&P 500 Index","TTTN":"老虎中美互联网巨头ETF","QS":"Quantumscape Corp.","BILL":"BILL HOLDINGS INC","QNETCN":"纳斯达克中美互联网老虎指数",".DJI":"道琼斯"},"is_english":false,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1118508123","content_text":"9月21日，美股三大指数集体高开，道琼斯指数开盘上涨121.54点，涨幅0.36%，报34092.01点；纳斯达克指数开盘上涨66.87点，涨幅0.47%，报14780.38点；标普500指数开盘上涨19.60点，涨幅0.45%，报4377.33点。\n热门中概股多数走高，哔哩哔哩、蔚来涨超1%。\n优步涨超5%，公司预计第三、四季度的盈利能力将持续改善。\nQuantumScape Corp大涨11%，公司今日宣布与一家营收排名全球前十的车厂签订了合作协议，将合作研发固态电池原型。\nBill.com Holdings跌近5%，公司将发行价值10亿美元的普通股。\nRewalk 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10:17","market":"us","language":"zh","title":"史上最大逃税丑闻！文艺复兴基金或补缴近70亿美元税款","url":"https://stock-news.laohu8.com/highlight/detail?id=2164860824","media":"新浪美股","summary":"全球最成功的投资者之一、 对冲基金文艺复兴科技公司的创始人吉姆-西蒙斯（Jim Simons）刚刚遭遇了一次罕见挫败。\n根据文艺复兴科技公司与美国国税局（IRS）达成的和解协议，西蒙斯和他的几位同事将","content":"<p>全球最成功的投资者之一、 对冲基金文艺复兴科技公司的创始人吉姆-西蒙斯（Jim Simons）刚刚遭遇了一次罕见挫败。</p>\n<p>根据文艺复兴科技公司与美国国税局（IRS）达成的和解协议，西蒙斯和他的几位同事将补缴数十亿美元的税款、利息和罚款，以了结美国有史以来最大的税务纠纷之一。</p>\n<p>文艺复兴现任CEO彼得-布朗（Peter Brown）周四在给投资者的一封信中披露了这一和解协议，虽然信中没有透露具体的和解金额，但美国参议院调查人员在2014年认定，该案件未计入利息和罚款前的未缴税款高达68亿美元。</p>\n<p>美国国税局长期以来一直认为，文艺复兴对其旗舰基金Medallion的利润进行了错误描述，使用了一种复杂的期权安排，将短期资本利得转化为长期利得，后者的税率较低。</p>\n<p>Medallion是历史上表现最好的基金之一，自1988年成立以来，年化回报率约为40%。该基金几乎完全由文艺复兴的现任和前任员工所有。文艺复兴的机构股票基金等向外界开放的基金不在此项税收纠纷的范围之内。</p>\n<p>根据协议条款，西蒙斯和其他六名文艺复兴董事会现任和前任成员将支付100%的附加税，如果他们按照美国国税局的要求，将收益描述为短期资本利得的话。</p>\n<p>这些人包括文艺复兴现任CEO布朗，以及前任CEO罗伯特-默瑟（Robert Mercer），他是著名的保守派政治捐赠者，也是美国前总统特朗普的重要支持者。文艺复兴董事会成员还将支付利息和罚金，具体金额不详。</p>\n<p>其他Medallion投资者将为短期资本利得支付80%的附加税以及利息。</p>\n<p>此外，西蒙斯还向美国国税局另外支付了6.7亿美元，以了结美国国税局在文艺复兴的期权安排中发现的另一个问题，涉及股息预扣税。</p>\n<p>布朗在信中写道，文艺复兴董事会选择了和解，“而不是冒着诉讼可能导致更糟糕的结果，包括更严厉的条款和处罚的风险”。他说，该公司花了数年时间与美国国税局上诉办公室打交道。如果纳税人无法在那里达成解决方案，争议通常会转移到美国税务法院或其他联邦法院。</p>","source":"sina_us","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>史上最大逃税丑闻！文艺复兴基金或补缴近70亿美元税款</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; 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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\">\n史上最大逃税丑闻！文艺复兴基金或补缴近70亿美元税款\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-09-04 10:17 北京时间&nbsp;&nbsp;&nbsp;<a href=https://finance.sina.com.cn/stock/usstock/c/2021-09-03/doc-iktzscyx2003186.shtml><strong>新浪美股</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>全球最成功的投资者之一、 对冲基金文艺复兴科技公司的创始人吉姆-西蒙斯（Jim Simons）刚刚遭遇了一次罕见挫败。\n根据文艺复兴科技公司与美国国税局（IRS）达成的和解协议，西蒙斯和他的几位同事将补缴数十亿美元的税款、利息和罚款，以了结美国有史以来最大的税务纠纷之一。\n文艺复兴现任CEO彼得-布朗（Peter Brown）周四在给投资者的一封信中披露了这一和解协议，虽然信中没有透露具体的和解...</p>\n\n<a href=\"https://finance.sina.com.cn/stock/usstock/c/2021-09-03/doc-iktzscyx2003186.shtml\">网页链接</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://static.tigerbbs.com/c62fac21f207b091fa51358b3caf49dc","relate_stocks":{},"source_url":"https://finance.sina.com.cn/stock/usstock/c/2021-09-03/doc-iktzscyx2003186.shtml","is_english":false,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2164860824","content_text":"全球最成功的投资者之一、 对冲基金文艺复兴科技公司的创始人吉姆-西蒙斯（Jim Simons）刚刚遭遇了一次罕见挫败。\n根据文艺复兴科技公司与美国国税局（IRS）达成的和解协议，西蒙斯和他的几位同事将补缴数十亿美元的税款、利息和罚款，以了结美国有史以来最大的税务纠纷之一。\n文艺复兴现任CEO彼得-布朗（Peter Brown）周四在给投资者的一封信中披露了这一和解协议，虽然信中没有透露具体的和解金额，但美国参议院调查人员在2014年认定，该案件未计入利息和罚款前的未缴税款高达68亿美元。\n美国国税局长期以来一直认为，文艺复兴对其旗舰基金Medallion的利润进行了错误描述，使用了一种复杂的期权安排，将短期资本利得转化为长期利得，后者的税率较低。\nMedallion是历史上表现最好的基金之一，自1988年成立以来，年化回报率约为40%。该基金几乎完全由文艺复兴的现任和前任员工所有。文艺复兴的机构股票基金等向外界开放的基金不在此项税收纠纷的范围之内。\n根据协议条款，西蒙斯和其他六名文艺复兴董事会现任和前任成员将支付100%的附加税，如果他们按照美国国税局的要求，将收益描述为短期资本利得的话。\n这些人包括文艺复兴现任CEO布朗，以及前任CEO罗伯特-默瑟（Robert Mercer），他是著名的保守派政治捐赠者，也是美国前总统特朗普的重要支持者。文艺复兴董事会成员还将支付利息和罚金，具体金额不详。\n其他Medallion投资者将为短期资本利得支付80%的附加税以及利息。\n此外，西蒙斯还向美国国税局另外支付了6.7亿美元，以了结美国国税局在文艺复兴的期权安排中发现的另一个问题，涉及股息预扣税。\n布朗在信中写道，文艺复兴董事会选择了和解，“而不是冒着诉讼可能导致更糟糕的结果，包括更严厉的条款和处罚的风险”。他说，该公司花了数年时间与美国国税局上诉办公室打交道。如果纳税人无法在那里达成解决方案，争议通常会转移到美国税务法院或其他联邦法院。","news_type":1,"symbols_score_info":{}},"isVote":1,"tweetType":1,"viewCount":646,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":155593781,"gmtCreate":1625443676643,"gmtModify":1633940721809,"author":{"id":"3558566101600142","authorId":"3558566101600142","name":"KenCheng","avatar":"https://static.tigerbbs.com/02fdd19f114098870a0ee6a120507fbe","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3558566101600142","authorIdStr":"3558566101600142"},"themes":[],"htmlText":"没趣的一天","listText":"没趣的一天","text":"没趣的一天","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":7,"commentSize":2,"repostSize":0,"link":"https://laohu8.com/post/155593781","repostId":"1168133884","repostType":4,"repost":{"id":"1168133884","kind":"news","weMediaInfo":{"introduction":"为用户提供金融资讯、行情、数据，旨在帮助投资者理解世界，做投资决策。","home_visible":1,"media_name":"老虎资讯综合","id":"102","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"pubTimestamp":1625021330,"share":"https://www.laohu8.com/m/news/1168133884?lang=zh_CN&edition=full","pubTime":"2021-06-30 10:48","market":"fut","language":"zh","title":"提醒：因美国独立日假期，7月5日美股全天休市","url":"https://stock-news.laohu8.com/highlight/detail?id=1168133884","media":"老虎资讯综合","summary":"因美国独立日假期，7月5日（周一）美股休市一日，7月6日（周二）起恢复交易。\n港股、A股、英股、澳股、新加坡股市照常交易。\n背景简介：\n独立日是美国法定国庆日，日期为每年7月4日，以纪念1776年7月","content":"<p><b>因美国独立日假期，7月5日（周一）美股休市一日，7月6日（周二）起恢复交易。</b></p>\n<p>港股、A股、英股、澳股、新加坡股市照常交易。</p>\n<p><b>背景简介：</b></p>\n<p><b>独立日</b>是美国法定国庆日，日期为每年7月4日，以纪念1776年7月4日大陆会议在费城正式通过《独立宣言》。美国的独立日，与宗教、民俗节日一样隆重，老百姓在节日前清洁院落，装饰家居，悬挂国旗。<img src=\"https://static.tigerbbs.com/f87ddb03d9b4d56cf0dce9450e742016\" tg-width=\"626\" tg-height=\"417\"></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>提醒：因美国独立日假期，7月5日美股全天休市</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\">\n提醒：因美国独立日假期，7月5日美股全天休市\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/102\">\n\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\">老虎资讯综合 </p>\n<p class=\"h-time\">2021-06-30 10:48</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p><b>因美国独立日假期，7月5日（周一）美股休市一日，7月6日（周二）起恢复交易。</b></p>\n<p>港股、A股、英股、澳股、新加坡股市照常交易。</p>\n<p><b>背景简介：</b></p>\n<p><b>独立日</b>是美国法定国庆日，日期为每年7月4日，以纪念1776年7月4日大陆会议在费城正式通过《独立宣言》。美国的独立日，与宗教、民俗节日一样隆重，老百姓在节日前清洁院落，装饰家居，悬挂国旗。<img src=\"https://static.tigerbbs.com/f87ddb03d9b4d56cf0dce9450e742016\" tg-width=\"626\" tg-height=\"417\"></p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://static.tigerbbs.com/21dd6adec6b29203b5bca22347419441","relate_stocks":{},"is_english":false,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1168133884","content_text":"因美国独立日假期，7月5日（周一）美股休市一日，7月6日（周二）起恢复交易。\n港股、A股、英股、澳股、新加坡股市照常交易。\n背景简介：\n独立日是美国法定国庆日，日期为每年7月4日，以纪念1776年7月4日大陆会议在费城正式通过《独立宣言》。美国的独立日，与宗教、民俗节日一样隆重，老百姓在节日前清洁院落，装饰家居，悬挂国旗。","news_type":1,"symbols_score_info":{}},"isVote":1,"tweetType":1,"viewCount":480,"authorTweetTopStatus":1,"verified":2,"comments":[{"author":{"id":"3581195882793520","authorId":"3581195882793520","name":"Shelleyblack","avatar":"https://static.tigerbbs.com/255b35a995530820f232071dee6af905","crmLevel":2,"crmLevelSwitch":0,"idStr":"3581195882793520","authorIdStr":"3581195882793520"},"content":"无聊的等开盘","text":"无聊的等开盘","html":"无聊的等开盘"}],"imageCount":0,"langContent":"CN","totalScore":0},{"id":832006384,"gmtCreate":1629533184548,"gmtModify":1633684145724,"author":{"id":"3558566101600142","authorId":"3558566101600142","name":"KenCheng","avatar":"https://static.tigerbbs.com/02fdd19f114098870a0ee6a120507fbe","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3558566101600142","authorIdStr":"3558566101600142"},"themes":[],"htmlText":"快上回去吧，没眼看了","listText":"快上回去吧，没眼看了","text":"快上回去吧，没眼看了","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":8,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/832006384","repostId":"1145710810","repostType":4,"isVote":1,"tweetType":1,"viewCount":478,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":899215862,"gmtCreate":1628199416856,"gmtModify":1633752800798,"author":{"id":"3558566101600142","authorId":"3558566101600142","name":"KenCheng","avatar":"https://static.tigerbbs.com/02fdd19f114098870a0ee6a120507fbe","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3558566101600142","authorIdStr":"3558566101600142"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/NIO\">$蔚来(NIO)$</a>补仓","listText":"<a href=\"https://laohu8.com/S/NIO\">$蔚来(NIO)$</a>补仓","text":"$蔚来(NIO)$补仓","images":[{"img":"https://static.tigerbbs.com/ffb6bd317edae8e34bbfce3687bfd09d","width":"1080","height":"1920"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":3,"repostSize":0,"link":"https://laohu8.com/post/899215862","isVote":1,"tweetType":1,"viewCount":807,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"CN","totalScore":0},{"id":178687333,"gmtCreate":1626817842722,"gmtModify":1633770847391,"author":{"id":"3558566101600142","authorId":"3558566101600142","name":"KenCheng","avatar":"https://static.tigerbbs.com/02fdd19f114098870a0ee6a120507fbe","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3558566101600142","authorIdStr":"3558566101600142"},"themes":[],"htmlText":"下回大跌买定你了","listText":"下回大跌买定你了","text":"下回大跌买定你了","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":3,"repostSize":0,"link":"https://laohu8.com/post/178687333","repostId":"2152996356","repostType":4,"isVote":1,"tweetType":1,"viewCount":809,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":899214922,"gmtCreate":1628199542766,"gmtModify":1633752800087,"author":{"id":"3558566101600142","authorId":"3558566101600142","name":"KenCheng","avatar":"https://static.tigerbbs.com/02fdd19f114098870a0ee6a120507fbe","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3558566101600142","authorIdStr":"3558566101600142"},"themes":[],"htmlText":"听了几个月了，就算跌也没去年低吧","listText":"听了几个月了，就算跌也没去年低吧","text":"听了几个月了，就算跌也没去年低吧","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":7,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/899214922","repostId":"2157489215","repostType":4,"repost":{"id":"2157489215","kind":"highlight","weMediaInfo":{"introduction":"中国大陆领先的金融数据、信息和软件服务企业，总部位于上海陆家嘴金融中心。","home_visible":1,"media_name":"Wind万得","id":"99","head_image":"https://static.tigerbbs.com/c71e30d1317b4a5cb20a41998e10ac68"},"pubTimestamp":1628130979,"share":"https://www.laohu8.com/m/news/2157489215?lang=zh_CN&edition=full","pubTime":"2021-08-05 10:36","market":"hk","language":"zh","title":"美国经济陷入“滞胀”？全球市场开始重新寻找逻辑","url":"https://stock-news.laohu8.com/highlight/detail?id=2157489215","media":"Wind万得","summary":"美国7月ADP就业人数新增33万，预期68.3万，前值69.2万。\nADP报告显示：7月制造业就业人数新增0.8万人，6月增加1.9万人；7月贸易/运输/公用事业就业人数新增3.6万人，6月增加6.2","content":"<p>美国7月ADP就业人数新增33万，预期68.3万，前值69.2万。</p>\n<p>ADP报告显示：7月制造业就业人数新增0.8万人，6月增加1.9万人；7月贸易/运输/公用事业就业人数新增3.6万人，6月增加6.2万人；7月金融服务业就业人数新增0.9万人，6月增加1万人；7月专业/商业服务就业人数新增5.4万人，6月增加5.3万人。</p>\n<p>ADP就业数据公司首席经济学家表示：休闲和酒店业连续第五个月成为增长最快的行业，尽管涨幅有所放缓。经济复苏的放缓也影响了各种规模的公司。招聘瓶颈继续阻碍更强劲的增长，特别是考虑到与变异病毒有关的担忧。这些障碍应该会在未来几个月消失，其结果是就业人数的月度涨幅会更大。</p>\n<p><b>//&nbsp; 美国经济陷入“滞胀”状态？&nbsp; //</b></p>\n<p>近来，许多市场人士愈发担心美国经济可能出现滞胀的风险，债券收益率的连绵跌势可能就反映了这层忧虑情绪。<a href=\"https://laohu8.com/S/JEF\">杰富瑞</a>(Jefferies)首席金融经济学家Aneta Markowska上周曾表示：“市场正在以滞胀为主题进行交易。有一种观点认为，价格上涨将破坏需求，造成政策错误，最终使增长放缓。”</p>\n<p>麦格理资产管理(<a href=\"https://laohu8.com/S/MQG.AU\">Macquarie</a> Asset Management)美国固收部门联席主管Daniela Mardarovici本月早些时候也指出，滞胀不是她的基本情景假设，但“非常值得关注”，因为假如发生这种情况，将是一种痛苦的局面。</p>\n<p><a href=\"https://laohu8.com/S/601995\">中金公司</a>近日发布研报称，近期公布的美国二季度GDP增速低于市场预期，强劲增长的美国经济似乎开始出现“见顶”的迹象，而另一方面，美国通胀压力却在持续攀升，美国经济似乎存在“滞胀”的可能。</p>\n<p>美国二季度GDP可能已经出现见顶的迹象。二季度美国GDP环比折年率为6.5%，较一季度的6.4%小幅增长0.1%，但低于市场预期。从分项上来看，个人消费支出增长11.8%，较Q1加快0.4个点；国内私人投资总额下跌3.5%，跌幅较Q1继续扩大；出口增长6%，较Q1明显提升；政府部门支出由Q1的4.2%转负，下跌1.5%。因此，美国二季度GDP低于市场预期，主要是私人投资和政府支出的拖累，主要是美国财政补贴计划正在逐渐退出，而基建计划目前尚未落地，而私人投资对于经济的变化较为敏感。</p>\n<p>随着美国财政刺激措施逐渐退潮，流动性拐点出现，美国需求端的刺激已经开始消退，而近期DELTA病毒的传播更是压制了美国国内服务性消费和出行需求的复苏。目前美国服务业复苏的强度明显低于制造业，6月美国非制造业PMI出现了明显的回落，由5月的64回落至60.1，也体现了疫情反弹对于服务业景气度恢复的干扰。</p>\n<p>整体来看，随着变异病毒的扩散以及美国国内财政和货币刺激逐渐退潮，美国二季度经济增速已经出现见顶的迹象，而目前美国经济的各个维度，包括地产、消费、制造业投资等也开始出现见顶回落的迹象。但与此同时，美国通胀压力持续攀升，需求放缓但价格上涨的情况下，美国经济“滞胀”的特征开始日益突出。如果美国经济动能开始回落，那么后续即使美联储taper，长端利率都上不去太多，滞胀格局可能导致美债利率曲线变平，美国中短端利率有上升空间，但长端利率不太上的去。年内来看，10年美债利率要回到3月份的1.7%，比较困难，可能在1.2%-1.5%区间徘徊。</p>\n<p><b>//&nbsp; 美国会重演上世纪70年代的滞胀局面吗&nbsp; //</b></p>\n<p>美国通胀数据持续“爆表”，6月份消费者价格指数（CPI）同比升幅达5.4%，续创2008年以来的新高。但是市场关于美国此次通胀水平的上升到底是暂时的，还是长期的、结构性的，观点不一。</p>\n<p>在7月24日举办的全球财富管理论坛2021北京峰会上，财政部原部长楼继伟与美国财政部原部长劳伦斯•萨默斯展开了讨论。楼继伟表示，经济复苏可能会引发通胀。他认为，疫情期间各国采取极度宽松的财政货币政策是必要的，但是经济一旦复苏，正常的需求恢复就会引发通胀压力，例如大宗商品价格是有先导性的，会先上涨，目前已经处于这样的局面。</p>\n<p><b>美国会重现上世纪70年代滞胀的局面吗？</b></p>\n<p>楼继伟认为，确实有这种可能，只是强度和表现方式会有所不同。上世纪70年代的滞胀，问题主要出在供给侧，当时的尼克松总统推行高税收、高支出的政策，政府对市场过度管制，同时欧佩克国家推动了石油价格大幅度上涨。在这种情况下，宽松的货币政策解决不了供给侧的结构性问题，只能造成物价上涨形成滞胀。</p>\n<p>楼继伟进一步分析称，经济一旦复苏有些宽松政策就可以逐步退出，中国的财政政策力度已经开始收缩——财政货币政策不急转弯，同时坚持继续去杠杆。而美国当前讨论的问题是何时开始缓慢退出，过度的流动性会造成通胀，也可能出现滞胀，但是不太可能是如同上个世纪70年代那样强度的滞胀。</p>\n<p>萨默斯则表示，他确实担心通胀问题会在中期困扰美国。关于通胀问题，首先需要区分美国的情况和世界其他国家的情况，这两者是不同的。而在过去16个月中，财政刺激在美国的强度非常大，达到了美国GDP总量的30%。同时储蓄率也非常高，储蓄率上升导致美国居民的银行账户充足，而这点是在第二次世界大战之后没有见过的。</p>\n<p>在他看来，美国的政策在提高需求上，比供给增长的速度要更快，这种情况会推升价格上升，从而导致通胀上行，价格的上升又会造成市场对通胀的预期进一步提高，形成一种循环，除非央行对可能面临的一些经济衰退的冒险进行控制，但是现在美联储应该没有做出这样的准备。美联储正在等待通胀变成一个实际的问题，才会调整姿态。</p>\n<p>萨默斯认为，如果结束量化宽松政策过晚，会有通胀的风险，然而结束过早，有可能形成其他方面的风险，包括利率上升。因此，退出量化宽松的时间点非常重要。他预计，通胀仍会继续上升。</p>\n<p>关于美国政府债务上升，劳伦斯表示，他完全不担心美国政府的偿债能力，美国的政府拥有全世界最有价值的经济资产。他还表示，美国政府财政创收的能力也没有问题，美国的经济基本面也非常强劲，现在美国的问题不是偿债能力的问题，而是谨慎制定政策的问题。</p>","collect":0,"html":"<!DOCTYPE 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}\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\">\n美国经济陷入“滞胀”？全球市场开始重新寻找逻辑\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/99\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/c71e30d1317b4a5cb20a41998e10ac68);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Wind万得 </p>\n<p class=\"h-time\">2021-08-05 10:36</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>美国7月ADP就业人数新增33万，预期68.3万，前值69.2万。</p>\n<p>ADP报告显示：7月制造业就业人数新增0.8万人，6月增加1.9万人；7月贸易/运输/公用事业就业人数新增3.6万人，6月增加6.2万人；7月金融服务业就业人数新增0.9万人，6月增加1万人；7月专业/商业服务就业人数新增5.4万人，6月增加5.3万人。</p>\n<p>ADP就业数据公司首席经济学家表示：休闲和酒店业连续第五个月成为增长最快的行业，尽管涨幅有所放缓。经济复苏的放缓也影响了各种规模的公司。招聘瓶颈继续阻碍更强劲的增长，特别是考虑到与变异病毒有关的担忧。这些障碍应该会在未来几个月消失，其结果是就业人数的月度涨幅会更大。</p>\n<p><b>//&nbsp; 美国经济陷入“滞胀”状态？&nbsp; //</b></p>\n<p>近来，许多市场人士愈发担心美国经济可能出现滞胀的风险，债券收益率的连绵跌势可能就反映了这层忧虑情绪。<a href=\"https://laohu8.com/S/JEF\">杰富瑞</a>(Jefferies)首席金融经济学家Aneta Markowska上周曾表示：“市场正在以滞胀为主题进行交易。有一种观点认为，价格上涨将破坏需求，造成政策错误，最终使增长放缓。”</p>\n<p>麦格理资产管理(<a href=\"https://laohu8.com/S/MQG.AU\">Macquarie</a> Asset Management)美国固收部门联席主管Daniela Mardarovici本月早些时候也指出，滞胀不是她的基本情景假设，但“非常值得关注”，因为假如发生这种情况，将是一种痛苦的局面。</p>\n<p><a href=\"https://laohu8.com/S/601995\">中金公司</a>近日发布研报称，近期公布的美国二季度GDP增速低于市场预期，强劲增长的美国经济似乎开始出现“见顶”的迹象，而另一方面，美国通胀压力却在持续攀升，美国经济似乎存在“滞胀”的可能。</p>\n<p>美国二季度GDP可能已经出现见顶的迹象。二季度美国GDP环比折年率为6.5%，较一季度的6.4%小幅增长0.1%，但低于市场预期。从分项上来看，个人消费支出增长11.8%，较Q1加快0.4个点；国内私人投资总额下跌3.5%，跌幅较Q1继续扩大；出口增长6%，较Q1明显提升；政府部门支出由Q1的4.2%转负，下跌1.5%。因此，美国二季度GDP低于市场预期，主要是私人投资和政府支出的拖累，主要是美国财政补贴计划正在逐渐退出，而基建计划目前尚未落地，而私人投资对于经济的变化较为敏感。</p>\n<p>随着美国财政刺激措施逐渐退潮，流动性拐点出现，美国需求端的刺激已经开始消退，而近期DELTA病毒的传播更是压制了美国国内服务性消费和出行需求的复苏。目前美国服务业复苏的强度明显低于制造业，6月美国非制造业PMI出现了明显的回落，由5月的64回落至60.1，也体现了疫情反弹对于服务业景气度恢复的干扰。</p>\n<p>整体来看，随着变异病毒的扩散以及美国国内财政和货币刺激逐渐退潮，美国二季度经济增速已经出现见顶的迹象，而目前美国经济的各个维度，包括地产、消费、制造业投资等也开始出现见顶回落的迹象。但与此同时，美国通胀压力持续攀升，需求放缓但价格上涨的情况下，美国经济“滞胀”的特征开始日益突出。如果美国经济动能开始回落，那么后续即使美联储taper，长端利率都上不去太多，滞胀格局可能导致美债利率曲线变平，美国中短端利率有上升空间，但长端利率不太上的去。年内来看，10年美债利率要回到3月份的1.7%，比较困难，可能在1.2%-1.5%区间徘徊。</p>\n<p><b>//&nbsp; 美国会重演上世纪70年代的滞胀局面吗&nbsp; //</b></p>\n<p>美国通胀数据持续“爆表”，6月份消费者价格指数（CPI）同比升幅达5.4%，续创2008年以来的新高。但是市场关于美国此次通胀水平的上升到底是暂时的，还是长期的、结构性的，观点不一。</p>\n<p>在7月24日举办的全球财富管理论坛2021北京峰会上，财政部原部长楼继伟与美国财政部原部长劳伦斯•萨默斯展开了讨论。楼继伟表示，经济复苏可能会引发通胀。他认为，疫情期间各国采取极度宽松的财政货币政策是必要的，但是经济一旦复苏，正常的需求恢复就会引发通胀压力，例如大宗商品价格是有先导性的，会先上涨，目前已经处于这样的局面。</p>\n<p><b>美国会重现上世纪70年代滞胀的局面吗？</b></p>\n<p>楼继伟认为，确实有这种可能，只是强度和表现方式会有所不同。上世纪70年代的滞胀，问题主要出在供给侧，当时的尼克松总统推行高税收、高支出的政策，政府对市场过度管制，同时欧佩克国家推动了石油价格大幅度上涨。在这种情况下，宽松的货币政策解决不了供给侧的结构性问题，只能造成物价上涨形成滞胀。</p>\n<p>楼继伟进一步分析称，经济一旦复苏有些宽松政策就可以逐步退出，中国的财政政策力度已经开始收缩——财政货币政策不急转弯，同时坚持继续去杠杆。而美国当前讨论的问题是何时开始缓慢退出，过度的流动性会造成通胀，也可能出现滞胀，但是不太可能是如同上个世纪70年代那样强度的滞胀。</p>\n<p>萨默斯则表示，他确实担心通胀问题会在中期困扰美国。关于通胀问题，首先需要区分美国的情况和世界其他国家的情况，这两者是不同的。而在过去16个月中，财政刺激在美国的强度非常大，达到了美国GDP总量的30%。同时储蓄率也非常高，储蓄率上升导致美国居民的银行账户充足，而这点是在第二次世界大战之后没有见过的。</p>\n<p>在他看来，美国的政策在提高需求上，比供给增长的速度要更快，这种情况会推升价格上升，从而导致通胀上行，价格的上升又会造成市场对通胀的预期进一步提高，形成一种循环，除非央行对可能面临的一些经济衰退的冒险进行控制，但是现在美联储应该没有做出这样的准备。美联储正在等待通胀变成一个实际的问题，才会调整姿态。</p>\n<p>萨默斯认为，如果结束量化宽松政策过晚，会有通胀的风险，然而结束过早，有可能形成其他方面的风险，包括利率上升。因此，退出量化宽松的时间点非常重要。他预计，通胀仍会继续上升。</p>\n<p>关于美国政府债务上升，劳伦斯表示，他完全不担心美国政府的偿债能力，美国的政府拥有全世界最有价值的经济资产。他还表示，美国政府财政创收的能力也没有问题，美国的经济基本面也非常强劲，现在美国的问题不是偿债能力的问题，而是谨慎制定政策的问题。</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://static.tigerbbs.com/1fc1f5e2fa377c378fa230c10e0849a2","relate_stocks":{".DJI":"道琼斯"},"is_english":false,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2157489215","content_text":"美国7月ADP就业人数新增33万，预期68.3万，前值69.2万。\nADP报告显示：7月制造业就业人数新增0.8万人，6月增加1.9万人；7月贸易/运输/公用事业就业人数新增3.6万人，6月增加6.2万人；7月金融服务业就业人数新增0.9万人，6月增加1万人；7月专业/商业服务就业人数新增5.4万人，6月增加5.3万人。\nADP就业数据公司首席经济学家表示：休闲和酒店业连续第五个月成为增长最快的行业，尽管涨幅有所放缓。经济复苏的放缓也影响了各种规模的公司。招聘瓶颈继续阻碍更强劲的增长，特别是考虑到与变异病毒有关的担忧。这些障碍应该会在未来几个月消失，其结果是就业人数的月度涨幅会更大。\n//  美国经济陷入“滞胀”状态？  //\n近来，许多市场人士愈发担心美国经济可能出现滞胀的风险，债券收益率的连绵跌势可能就反映了这层忧虑情绪。杰富瑞(Jefferies)首席金融经济学家Aneta Markowska上周曾表示：“市场正在以滞胀为主题进行交易。有一种观点认为，价格上涨将破坏需求，造成政策错误，最终使增长放缓。”\n麦格理资产管理(Macquarie Asset Management)美国固收部门联席主管Daniela Mardarovici本月早些时候也指出，滞胀不是她的基本情景假设，但“非常值得关注”，因为假如发生这种情况，将是一种痛苦的局面。\n中金公司近日发布研报称，近期公布的美国二季度GDP增速低于市场预期，强劲增长的美国经济似乎开始出现“见顶”的迹象，而另一方面，美国通胀压力却在持续攀升，美国经济似乎存在“滞胀”的可能。\n美国二季度GDP可能已经出现见顶的迹象。二季度美国GDP环比折年率为6.5%，较一季度的6.4%小幅增长0.1%，但低于市场预期。从分项上来看，个人消费支出增长11.8%，较Q1加快0.4个点；国内私人投资总额下跌3.5%，跌幅较Q1继续扩大；出口增长6%，较Q1明显提升；政府部门支出由Q1的4.2%转负，下跌1.5%。因此，美国二季度GDP低于市场预期，主要是私人投资和政府支出的拖累，主要是美国财政补贴计划正在逐渐退出，而基建计划目前尚未落地，而私人投资对于经济的变化较为敏感。\n随着美国财政刺激措施逐渐退潮，流动性拐点出现，美国需求端的刺激已经开始消退，而近期DELTA病毒的传播更是压制了美国国内服务性消费和出行需求的复苏。目前美国服务业复苏的强度明显低于制造业，6月美国非制造业PMI出现了明显的回落，由5月的64回落至60.1，也体现了疫情反弹对于服务业景气度恢复的干扰。\n整体来看，随着变异病毒的扩散以及美国国内财政和货币刺激逐渐退潮，美国二季度经济增速已经出现见顶的迹象，而目前美国经济的各个维度，包括地产、消费、制造业投资等也开始出现见顶回落的迹象。但与此同时，美国通胀压力持续攀升，需求放缓但价格上涨的情况下，美国经济“滞胀”的特征开始日益突出。如果美国经济动能开始回落，那么后续即使美联储taper，长端利率都上不去太多，滞胀格局可能导致美债利率曲线变平，美国中短端利率有上升空间，但长端利率不太上的去。年内来看，10年美债利率要回到3月份的1.7%，比较困难，可能在1.2%-1.5%区间徘徊。\n//  美国会重演上世纪70年代的滞胀局面吗  //\n美国通胀数据持续“爆表”，6月份消费者价格指数（CPI）同比升幅达5.4%，续创2008年以来的新高。但是市场关于美国此次通胀水平的上升到底是暂时的，还是长期的、结构性的，观点不一。\n在7月24日举办的全球财富管理论坛2021北京峰会上，财政部原部长楼继伟与美国财政部原部长劳伦斯•萨默斯展开了讨论。楼继伟表示，经济复苏可能会引发通胀。他认为，疫情期间各国采取极度宽松的财政货币政策是必要的，但是经济一旦复苏，正常的需求恢复就会引发通胀压力，例如大宗商品价格是有先导性的，会先上涨，目前已经处于这样的局面。\n美国会重现上世纪70年代滞胀的局面吗？\n楼继伟认为，确实有这种可能，只是强度和表现方式会有所不同。上世纪70年代的滞胀，问题主要出在供给侧，当时的尼克松总统推行高税收、高支出的政策，政府对市场过度管制，同时欧佩克国家推动了石油价格大幅度上涨。在这种情况下，宽松的货币政策解决不了供给侧的结构性问题，只能造成物价上涨形成滞胀。\n楼继伟进一步分析称，经济一旦复苏有些宽松政策就可以逐步退出，中国的财政政策力度已经开始收缩——财政货币政策不急转弯，同时坚持继续去杠杆。而美国当前讨论的问题是何时开始缓慢退出，过度的流动性会造成通胀，也可能出现滞胀，但是不太可能是如同上个世纪70年代那样强度的滞胀。\n萨默斯则表示，他确实担心通胀问题会在中期困扰美国。关于通胀问题，首先需要区分美国的情况和世界其他国家的情况，这两者是不同的。而在过去16个月中，财政刺激在美国的强度非常大，达到了美国GDP总量的30%。同时储蓄率也非常高，储蓄率上升导致美国居民的银行账户充足，而这点是在第二次世界大战之后没有见过的。\n在他看来，美国的政策在提高需求上，比供给增长的速度要更快，这种情况会推升价格上升，从而导致通胀上行，价格的上升又会造成市场对通胀的预期进一步提高，形成一种循环，除非央行对可能面临的一些经济衰退的冒险进行控制，但是现在美联储应该没有做出这样的准备。美联储正在等待通胀变成一个实际的问题，才会调整姿态。\n萨默斯认为，如果结束量化宽松政策过晚，会有通胀的风险，然而结束过早，有可能形成其他方面的风险，包括利率上升。因此，退出量化宽松的时间点非常重要。他预计，通胀仍会继续上升。\n关于美国政府债务上升，劳伦斯表示，他完全不担心美国政府的偿债能力，美国的政府拥有全世界最有价值的经济资产。他还表示，美国政府财政创收的能力也没有问题，美国的经济基本面也非常强劲，现在美国的问题不是偿债能力的问题，而是谨慎制定政策的问题。","news_type":1,"symbols_score_info":{".DJI":0.9}},"isVote":1,"tweetType":1,"viewCount":340,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":140534669,"gmtCreate":1625665709551,"gmtModify":1633938579043,"author":{"id":"3558566101600142","authorId":"3558566101600142","name":"KenCheng","avatar":"https://static.tigerbbs.com/02fdd19f114098870a0ee6a120507fbe","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3558566101600142","authorIdStr":"3558566101600142"},"themes":[],"htmlText":"[生气]&nbsp;[生气]&nbsp;[生气]&nbsp;","listText":"[生气]&nbsp;[生气]&nbsp;[生气]&nbsp;","text":"[生气] 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