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2021-10-20

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Why some say the worst of the supply chain woes are near an end<blockquote>为什么有人说供应链最糟糕的困境即将结束</blockquote>

2021-10-02

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2021-10-01

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华尔街三巨头：警惕未来这三个重大风险！<blockquote>华尔街三巨头：警惕未来这三个重大风险！</blockquote>

2021-10-01

Great ariticle, would you like to share it?

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2021-10-01

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2021-09-30

Likd

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2021-09-28

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Despite Record Cargo Backlogs, Ports Of L.A. And Long Beach Still Don't Operate Around The Clock<blockquote>尽管货物积压创纪录，洛杉矶和长滩港口仍然无法全天候运营</blockquote>

2021-09-26

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Peter Schiff: Gold Will Explode; The Dollar Will Implode When The Markets Figure This Out<blockquote>彼得·希夫：黄金将会爆炸；当市场发现这一点时，美元将会崩溃</blockquote>

2021-09-23

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Stock Futures Point to Extended Rally, as Evergrande Payment Looms<blockquote>恒大支付迫在眉睫，股指期货有望延续涨势</blockquote>

2021-09-23

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2021-09-22

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2021-09-21

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Why the Stock Market Tanked Monday—and What to Do About It<blockquote>为什么股市周一暴跌——以及该怎么办</blockquote>

2021-09-21

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Toplines Before US Market Open on Tuesday<blockquote>周二美国市场开盘前的营收</blockquote>

2021-09-18

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2021-09-17

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2021-09-16

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Ray Dalio: Cash Is Trash, But Don't Over do It on Stocks<blockquote>雷·达里奥：现金是垃圾，但不要过度投资股票</blockquote>

2021-09-15

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Democrats' tax plan would cut bills for most Americans -congressional estimate<blockquote>国会估计，民主党的税收计划将削减大多数美国人的账单</blockquote>

2021-09-14

//@stormlee: Pls like thks

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2021-09-14

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U.S. consumers' inflation expectations highest since 2013, NY Fed says<blockquote>纽约联储称美国消费者通胀预期创2013年以来最高</blockquote>

2021-09-12

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US IPO Week Ahead: The Fall IPO market kicks off with a 10 IPO week<blockquote>美国IPO周：秋季IPO市场以10周IPO拉开帷幕</blockquote>

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10:56","market":"us","language":"en","title":"Why some say the worst of the supply chain woes are near an end<blockquote>为什么有人说供应链最糟糕的困境即将结束</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1126698054","media":"CNN Business","summary":"New York (CNN Business) - Forget about The Grinch: It looks likesupply chain disruptionsmay steal Ch","content":"<p><b>New York (CNN Business)&nbsp;-&nbsp;</b>Forget about The Grinch: It looks likesupply chain disruptionsmay steal Christmas this year. But will these problems be resolved by early 2022?</p><p><blockquote><b>纽约（CNN商业）——</b>忘掉格林奇吧：看起来供应链中断可能会偷走今年的圣诞节。但这些问题会在2022年初得到解决吗？</blockquote></p><p> Several retailers, manufacturers and economists have all warned that&nbsp;global supply chain constraints&nbsp;will lead to not only&nbsp;fewer discounts&nbsp;during the holidays but also result in a potential dearth of products on store shelves.</p><p><blockquote>多家零售商、制造商和经济学家都警告称，全球供应链限制不仅会导致假期折扣减少，还会导致商店货架上的产品可能短缺。</blockquote></p><p> Still, some executives and market experts think the worst may be over in just a few months.</p><p><blockquote>尽管如此，一些高管和市场专家认为，最糟糕的时期可能会在短短几个月内过去。</blockquote></p><p> JPMorgan Chase(JPM)&nbsp;CEO Jamie Dimon said during an earnings call with reporters last week that&nbsp;supply chain woes will be a distant memory&nbsp;by this time next year.</p><p><blockquote>摩根大通（JPM）首席执行官杰米·戴蒙（Jamie Dimon）上周在与记者举行的财报看涨期权上表示，到明年这个时候，供应链困境将成为遥远的记忆。</blockquote></p><p> \"There's a very good chance that a year from now that we won't be talking about supply chains at all,\" Dimon said.</p><p><blockquote>戴蒙表示：“一年后我们很有可能根本不会谈论供应链。”</blockquote></p><p> Others note that major companies and transportation operators are also taking steps to alleviate the problems.</p><p><blockquote>其他人指出，大公司和运输运营商也在采取措施缓解这些问题。</blockquote></p><p> Jack Janasiewicz, a portfolio strategist at Natixis Investment Managers, pointed out in an email that giant companies such as&nbsp;Toyota(TM),Samsung(SSNLF)&nbsp;and&nbsp;Intel(INTC)&nbsp;are planning to ramp up output during the final few months of the year, in part due to increased availability of key components.</p><p><blockquote>Natixis Investment Managers的投资组合策略师Jack Janasiewicz在一封电子邮件中指出，丰田(TM)、三星(SSNLF)和英特尔(INTC)等巨头公司正计划在今年最后几个月提高产量，部分原因是关键零部件的可用性增加。</blockquote></p><p> Major ports such as Long Beach and Los Angeles are also now looking to keep their operations open 24/7 to deal with supply chain bottlenecks.</p><p><blockquote>长滩和洛杉矶等主要港口现在也希望保持全天候运营，以应对供应链瓶颈。</blockquote></p><p> \"Congestion issues may be past peak, with the potential for greater fluidity and volume on the horizon,\" Citi analyst Christian Wetherbee said in a report last week. \"This is evident in early signs of decongestion at ports in the US and Asia.\"</p><p><blockquote>花旗分析师克里斯蒂安·韦瑟比(Christian Wetherbee)在上周的一份报告中表示：“拥堵问题可能已经过去，流动性和交易量可能会增加。”“这在美国和亚洲港口拥堵缓解的早期迹象中显而易见。”</blockquote></p><p> Meanwhile executives from&nbsp;Walmart(WMT),Target(TGT),FedEx(FDX)&nbsp;and&nbsp;UPS(UPS)&nbsp;met with President Joe Biden to&nbsp;try to find solutions&nbsp;for the problems impacting retailers and shippers.</p><p><blockquote>与此同时，沃尔玛(WMT)、塔吉特(TGT)、联邦快递(FDX)和联合包裹(UPS)的高管会见了总统乔·拜登，试图为影响零售商和托运人的问题找到解决方案。</blockquote></p><p> \"The global supply chain has been stretched remarkably thin,\" analysts at Jefferies said in a recent report. But they added that \"we may be already witnessing the worst of it,\" and the \"impact is likely to ease\" by the first half of 2022.</p><p><blockquote>杰富瑞(Jefferies)分析师在最近的一份报告中表示：“全球供应链已经非常薄弱。”但他们补充说，“我们可能已经目睹了最糟糕的情况”，到2022年上半年，“影响可能会缓解”。</blockquote></p><p> <b>Problems may persist longer than some companies expect</b></p><p><blockquote><b>问题持续的时间可能比一些公司预期的要长</b></blockquote></p><p> But it's possible some companies and strategists are being too optimistic.</p><p><blockquote>但一些公司和策略师可能过于乐观。</blockquote></p><p> Profits could take a hit due to shipping delays. There are also legitimate worries that the problems will lead to higher prices for the foreseeable future — and that some consumers may delay purchases of non-essential items as a result.</p><p><blockquote>由于运输延误，利润可能会受到打击。人们也有理由担心，在可预见的未来，这些问题将导致价格上涨，一些消费者可能会因此推迟购买非必需品。</blockquote></p><p> What's more, the issue isn't just about shipping overseas goods to the United States.Domestic truckers may not have enough capacity&nbsp;to handle all the products that need to go from ports to warehouses and stores.</p><p><blockquote>更重要的是，这个问题不仅仅是将海外商品运送到美国。国内卡车司机可能没有足够的能力来处理所有需要从港口到仓库和商店的产品。</blockquote></p><p> For example, European dairy and plant-based food conglomerate&nbsp;Danone(DANOY)&nbsp;warned of higher prices ahead in a sales call with analysts Tuesday. The main culprit: trucking-related issues.</p><p><blockquote>例如，欧洲乳制品和植物性食品集团达能(DANOY)周二在与分析师的销售看涨期权中警告称，未来价格将上涨。罪魁祸首：卡车运输相关问题。</blockquote></p><p> \"Part of the inflation we are seeing in the [second half] of this year is because of the transportation tensions. Let's be extremely clear because we see spot rates for trucks in the US at a record level,\" said Juergen Esser, Danone's chief financial, technology and data officer.</p><p><blockquote>达能首席执行官于尔根·埃塞尔(Juergen Esser)表示：“我们今年（下半年）看到的通胀部分原因是运输紧张。让我们非常明确，因为我们看到美国卡车的即期运价处于创纪录水平。”财务、技术和数据官。</blockquote></p><p> With that in mind, Esser said Danone could face higher transportation costs of about 7% to 9%. That will either wind up hurting investors with lower margins, or hurting consumers, who may find themselves paying more for yogurt at the supermarket.</p><p><blockquote>考虑到这一点，埃塞尔表示，达能可能面临约7%至9%的更高运输成本。这要么最终伤害利润率较低的投资者，要么伤害消费者，他们可能会发现自己在超市为酸奶支付更多费用。</blockquote></p><p></p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Why some say the worst of the supply chain woes are near an end<blockquote>为什么有人说供应链最糟糕的困境即将结束</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 some say the worst of the supply chain woes are near an end<blockquote>为什么有人说供应链最糟糕的困境即将结束</blockquote>\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">CNN Business</strong><span class=\"h-time small\">2021-10-20 10:56</span>\n</p>\n</h4>\n</header>\n<article>\n<p><b>New York (CNN Business)&nbsp;-&nbsp;</b>Forget about The Grinch: It looks likesupply chain disruptionsmay steal Christmas this year. But will these problems be resolved by early 2022?</p><p><blockquote><b>纽约（CNN商业）——</b>忘掉格林奇吧：看起来供应链中断可能会偷走今年的圣诞节。但这些问题会在2022年初得到解决吗？</blockquote></p><p> Several retailers, manufacturers and economists have all warned that&nbsp;global supply chain constraints&nbsp;will lead to not only&nbsp;fewer discounts&nbsp;during the holidays but also result in a potential dearth of products on store shelves.</p><p><blockquote>多家零售商、制造商和经济学家都警告称，全球供应链限制不仅会导致假期折扣减少，还会导致商店货架上的产品可能短缺。</blockquote></p><p> Still, some executives and market experts think the worst may be over in just a few months.</p><p><blockquote>尽管如此，一些高管和市场专家认为，最糟糕的时期可能会在短短几个月内过去。</blockquote></p><p> JPMorgan Chase(JPM)&nbsp;CEO Jamie Dimon said during an earnings call with reporters last week that&nbsp;supply chain woes will be a distant memory&nbsp;by this time next year.</p><p><blockquote>摩根大通（JPM）首席执行官杰米·戴蒙（Jamie Dimon）上周在与记者举行的财报看涨期权上表示，到明年这个时候，供应链困境将成为遥远的记忆。</blockquote></p><p> \"There's a very good chance that a year from now that we won't be talking about supply chains at all,\" Dimon said.</p><p><blockquote>戴蒙表示：“一年后我们很有可能根本不会谈论供应链。”</blockquote></p><p> Others note that major companies and transportation operators are also taking steps to alleviate the problems.</p><p><blockquote>其他人指出，大公司和运输运营商也在采取措施缓解这些问题。</blockquote></p><p> Jack Janasiewicz, a portfolio strategist at Natixis Investment Managers, pointed out in an email that giant companies such as&nbsp;Toyota(TM),Samsung(SSNLF)&nbsp;and&nbsp;Intel(INTC)&nbsp;are planning to ramp up output during the final few months of the year, in part due to increased availability of key components.</p><p><blockquote>Natixis Investment Managers的投资组合策略师Jack Janasiewicz在一封电子邮件中指出，丰田(TM)、三星(SSNLF)和英特尔(INTC)等巨头公司正计划在今年最后几个月提高产量，部分原因是关键零部件的可用性增加。</blockquote></p><p> Major ports such as Long Beach and Los Angeles are also now looking to keep their operations open 24/7 to deal with supply chain bottlenecks.</p><p><blockquote>长滩和洛杉矶等主要港口现在也希望保持全天候运营，以应对供应链瓶颈。</blockquote></p><p> \"Congestion issues may be past peak, with the potential for greater fluidity and volume on the horizon,\" Citi analyst Christian Wetherbee said in a report last week. \"This is evident in early signs of decongestion at ports in the US and Asia.\"</p><p><blockquote>花旗分析师克里斯蒂安·韦瑟比(Christian Wetherbee)在上周的一份报告中表示：“拥堵问题可能已经过去，流动性和交易量可能会增加。”“这在美国和亚洲港口拥堵缓解的早期迹象中显而易见。”</blockquote></p><p> Meanwhile executives from&nbsp;Walmart(WMT),Target(TGT),FedEx(FDX)&nbsp;and&nbsp;UPS(UPS)&nbsp;met with President Joe Biden to&nbsp;try to find solutions&nbsp;for the problems impacting retailers and shippers.</p><p><blockquote>与此同时，沃尔玛(WMT)、塔吉特(TGT)、联邦快递(FDX)和联合包裹(UPS)的高管会见了总统乔·拜登，试图为影响零售商和托运人的问题找到解决方案。</blockquote></p><p> \"The global supply chain has been stretched remarkably thin,\" analysts at Jefferies said in a recent report. But they added that \"we may be already witnessing the worst of it,\" and the \"impact is likely to ease\" by the first half of 2022.</p><p><blockquote>杰富瑞(Jefferies)分析师在最近的一份报告中表示：“全球供应链已经非常薄弱。”但他们补充说，“我们可能已经目睹了最糟糕的情况”，到2022年上半年，“影响可能会缓解”。</blockquote></p><p> <b>Problems may persist longer than some companies expect</b></p><p><blockquote><b>问题持续的时间可能比一些公司预期的要长</b></blockquote></p><p> But it's possible some companies and strategists are being too optimistic.</p><p><blockquote>但一些公司和策略师可能过于乐观。</blockquote></p><p> Profits could take a hit due to shipping delays. There are also legitimate worries that the problems will lead to higher prices for the foreseeable future — and that some consumers may delay purchases of non-essential items as a result.</p><p><blockquote>由于运输延误，利润可能会受到打击。人们也有理由担心，在可预见的未来，这些问题将导致价格上涨，一些消费者可能会因此推迟购买非必需品。</blockquote></p><p> What's more, the issue isn't just about shipping overseas goods to the United States.Domestic truckers may not have enough capacity&nbsp;to handle all the products that need to go from ports to warehouses and stores.</p><p><blockquote>更重要的是，这个问题不仅仅是将海外商品运送到美国。国内卡车司机可能没有足够的能力来处理所有需要从港口到仓库和商店的产品。</blockquote></p><p> For example, European dairy and plant-based food conglomerate&nbsp;Danone(DANOY)&nbsp;warned of higher prices ahead in a sales call with analysts Tuesday. The main culprit: trucking-related issues.</p><p><blockquote>例如，欧洲乳制品和植物性食品集团达能(DANOY)周二在与分析师的销售看涨期权中警告称，未来价格将上涨。罪魁祸首：卡车运输相关问题。</blockquote></p><p> \"Part of the inflation we are seeing in the [second half] of this year is because of the transportation tensions. Let's be extremely clear because we see spot rates for trucks in the US at a record level,\" said Juergen Esser, Danone's chief financial, technology and data officer.</p><p><blockquote>达能首席执行官于尔根·埃塞尔(Juergen Esser)表示：“我们今年（下半年）看到的通胀部分原因是运输紧张。让我们非常明确，因为我们看到美国卡车的即期运价处于创纪录水平。”财务、技术和数据官。</blockquote></p><p> With that in mind, Esser said Danone could face higher transportation costs of about 7% to 9%. That will either wind up hurting investors with lower margins, or hurting consumers, who may find themselves paying more for yogurt at the supermarket.</p><p><blockquote>考虑到这一点，埃塞尔表示，达能可能面临约7%至9%的更高运输成本。这要么最终伤害利润率较低的投资者，要么伤害消费者，他们可能会发现自己在超市为酸奶支付更多费用。</blockquote></p><p></p>\n<div class=\"bt-text\">\n\n\n<p> 来源：<a href=\"https://edition.cnn.com/2021/10/19/investing/supply-chain-economy/index.html\">CNN Business</a></p>\n<p>为提升您的阅读体验，我们对本页面进行了排版优化</p>\n\n\n</div>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".SPX":"S&P 500 Index",".IXIC":"NASDAQ Composite",".DJI":"道琼斯"},"source_url":"https://edition.cnn.com/2021/10/19/investing/supply-chain-economy/index.html","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1126698054","content_text":"New York (CNN Business) - Forget about The Grinch: It looks likesupply chain disruptionsmay steal Christmas this year. But will these problems be resolved by early 2022?\nSeveral retailers, manufacturers and economists have all warned that global supply chain constraints will lead to not only fewer discounts during the holidays but also result in a potential dearth of products on store shelves.\nStill, some executives and market experts think the worst may be over in just a few months.\nJPMorgan Chase(JPM) CEO Jamie Dimon said during an earnings call with reporters last week that supply chain woes will be a distant memory by this time next year.\n\"There's a very good chance that a year from now that we won't be talking about supply chains at all,\" Dimon said.\nOthers note that major companies and transportation operators are also taking steps to alleviate the problems.\nJack Janasiewicz, a portfolio strategist at Natixis Investment Managers, pointed out in an email that giant companies such as Toyota(TM),Samsung(SSNLF) and Intel(INTC) are planning to ramp up output during the final few months of the year, in part due to increased availability of key components.\nMajor ports such as Long Beach and Los Angeles are also now looking to keep their operations open 24/7 to deal with supply chain bottlenecks.\n\"Congestion issues may be past peak, with the potential for greater fluidity and volume on the horizon,\" Citi analyst Christian Wetherbee said in a report last week. \"This is evident in early signs of decongestion at ports in the US and Asia.\"\nMeanwhile executives from Walmart(WMT),Target(TGT),FedEx(FDX) and UPS(UPS) met with President Joe Biden to try to find solutions for the problems impacting retailers and shippers.\n\"The global supply chain has been stretched remarkably thin,\" analysts at Jefferies said in a recent report. But they added that \"we may be already witnessing the worst of it,\" and the \"impact is likely to ease\" by the first half of 2022.\nProblems may persist longer than some companies expect\nBut it's possible some companies and strategists are being too optimistic.\nProfits could take a hit due to shipping delays. There are also legitimate worries that the problems will lead to higher prices for the foreseeable future — and that some consumers may delay purchases of non-essential items as a result.\nWhat's more, the issue isn't just about shipping overseas goods to the United States.Domestic truckers may not have enough capacity to handle all the products that need to go from ports to warehouses and stores.\nFor example, European dairy and plant-based food conglomerate Danone(DANOY) warned of higher prices ahead in a sales call with analysts Tuesday. The main culprit: trucking-related issues.\n\"Part of the inflation we are seeing in the [second half] of this year is because of the transportation tensions. Let's be extremely clear because we see spot rates for trucks in the US at a record level,\" said Juergen Esser, Danone's chief financial, technology and data officer.\nWith that in mind, Esser said Danone could face higher transportation costs of about 7% to 9%. That will either wind up hurting investors with lower margins, or hurting consumers, who may find themselves paying more for yogurt at the supermarket.","news_type":1,"symbols_score_info":{".IXIC":0.9,".DJI":0.9,".SPX":0.9}},"isVote":1,"tweetType":1,"viewCount":3540,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":864737959,"gmtCreate":1633147350126,"gmtModify":1633147350327,"author":{"id":"4087691982117120","authorId":"4087691982117120","name":"triu","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"4087691982117120","idStr":"4087691982117120"},"themes":[],"htmlText":"Like","listText":"Like","text":"Like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/864737959","repostId":"1140422142","repostType":2,"isVote":1,"tweetType":1,"viewCount":3495,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":864172780,"gmtCreate":1633080559372,"gmtModify":1633080626513,"author":{"id":"4087691982117120","authorId":"4087691982117120","name":"triu","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"4087691982117120","idStr":"4087691982117120"},"themes":[],"htmlText":"Like","listText":"Like","text":"Like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/864172780","repostId":"2171895854","repostType":2,"repost":{"id":"2171895854","kind":"highlight","pubTimestamp":1633001951,"share":"https://www.laohu8.com/m/news/2171895854?lang=zh_CN&edition=full","pubTime":"2021-09-30 19:39","market":"us","language":"en","title":"华尔街三巨头：警惕未来这三个重大风险！<blockquote>华尔街三巨头：警惕未来这三个重大风险！</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=2171895854","media":"智通财经网","summary":"如今，在新冠疫情和通胀等冲击下，当前投资者和全球经济面临的风险接连不断、数不胜数。而相信在未来，风险依旧无处不在，因此，在接下来的五到十年内，投资者最该关注的风险又将是什么?对此，ARK投资管理公司凯","content":"<p>如今，在新冠疫情和通胀等冲击下，当前投资者和全球经济面临的风险接连不断、数不胜数。而相信在未来，风险依旧无处不在，因此，在接下来的五到十年内，投资者最该关注的风险又将是什么?对此，ARK投资管理公司凯茜·伍德、安联集团首席经济顾问Mohamed El-Erian和Guggenheim Partners首席执行官Scott Minerd在近日接受采访时，分别给出了他们的观点。</p><p><blockquote>如今，在新冠疫情和通胀等冲击下，当前投资者和全球经济面临的风险接连不断，数不胜数。而相信在未来，风险依然不存在，因此，在未来的五到十年内，投资者最该关注的风险又将是什么？对此，ARK投资管理公司凯茜·伍德、安联集团首席经济顾问Mohamed El-Erian和Guggenheim Partners首席执行官Scott Minerd在近日接受采访时，分别给出了他们的观点。</blockquote></p><p> <b>凯茜·伍德：通货紧缩浪潮</b></p><p><blockquote><b>凯茜·伍德：货币紧缩浪潮</b></blockquote></p><p> 目前人们的基本假设是，市场正处于一个由供应链中断加剧的通胀时期。</p><p><blockquote>目前人们的基本假设是，市场正处于一个由供应链中断加剧的通胀时期。</blockquote></p><p> 不过，伍德认为，有三股主要的通缩力量正在酝酿之中。</p><p><blockquote>不过，伍德认为，有三股主要的通缩力量正在酝酿之中。</blockquote></p><p> “在创新方面，我们正处于一个前所未有的时期。如今，我们可以看到五个平台的技术创新正在同时发展：DNA测序、机器人、能源存储、人工智能和区块链技术。而所有这些都与通货紧缩相关。”</p><p><blockquote>“在创新方面，我们正处于一个前所未有的时期。如今，我们可以看到五个平台的技术创新正在同时发展：DNA测序、机器人、能源存储、人工智能和区块链技术。而所有这些都与货币紧缩相关。”</blockquote></p><p> 例如，在人工智能领域，培训成本每年下降68%，这表明未来将看到大量使用人工智能的产品繁荣。</p><p><blockquote>例如，在人工智能领域，培训成本每年下降68%，这表明未来将看到大量使用人工智能的产品繁荣。</blockquote></p><p> 还有DNA测序的成本。为了给第一个完整的人类基因组排序，人们在2003年花费了27亿美元和13年的计算能力。但在18年后，成本只需500美元和几个小时的计算能力，人类基因组测序的数量每增加一倍，成本就会下降40%。</p><p><blockquote>咱们有DNA测序的成本。为了完成第一个完整的人类基因组测序，人们在2003年花费了27亿美元和13年的计算能力。但在18年后，成本只需500美元和几个小时的计算能力，人类基因组测序的数量每增加一倍，成本就会下降40%。</blockquote></p><p> 这将改变医疗保健行业，帮助辨别哪些医疗保健资金被浪费。并且，伍德认为，如今有一半以上的医疗费用被浪费了。</p><p><blockquote>这将改变医疗保健行业，帮助辨别哪些医疗保健资金被浪费。并且，伍德认为，如今有一半以上的医疗费用被浪费了。</blockquote></p><p> 然后再到电动汽车和电池组系统技术。电动汽车销量每增加一倍，电池成本就会下降28%，这意味着每当销量翻番时，电动汽车的成本就会下降大约15%，而目前，市场现在正处于电动汽车在销量方面的初期阶段。</p><p><blockquote>然后再到电动汽车和电池组系统技术。电动汽车销量每增加一倍，电池成本就会下降28%，这意味着每当销量回升时，电动汽车的成本就会下降大约15%，而目前，市场目前正处于电动汽车销量方面的早期阶段。</blockquote></p><p> 另一个是工业机器人。机器人的数量每增加一倍，这方面的成本就会下降20%以上。</p><p><blockquote>另一个是工业机器人。机器人员的数量每增加一倍，这方面的成本就会下降20%以上。</blockquote></p><p> 不过，伍德称，这是属于好的通缩，它将导致经济活动的繁荣，至少在这些创新领域是如此。</p><p><blockquote>不过，伍德称，这属于很好的通缩，它将导致经济活动的繁荣，至少在这些创新领域是如此。</blockquote></p><p> 但这也有可能产生另一种坏的通缩。伍德表示，所谓坏的通缩，通常是因一些大型企业短视而造成的，利润没有用于投资未来，而是用来发放股利和回购股票，最后只能通过产品降价来还债，这种降价带来的通缩是极为不利的，相关公司也可能被未来的颠覆式创新力量淘汰。</p><p><blockquote>但这也有可能产生另一种坏的通缩。伍德表示，所谓坏的通缩，通常是因为一些大型企业短视而造成的，利润没有用于投资未来，而用来发行股利和回购股票，最后只能通过产品降价来还债，这种降价带来的通缩是极其不利的，相关公司也可能被未来的颠覆式创新力量淘汰。</blockquote></p><p> 另外，伍德还在周期性市场中看到了一些有趣的信号。</p><p><blockquote>此外，伍德还在周期性市场中看到了一些有趣的信号。</blockquote></p><p> 由于重建和对新房的需求，木材价格在去年飙升，涨至1700美元，但现在回落到600美元，伍德认为，这是一个领先指标。</p><p><blockquote>由于重建和对新房的需求，木材价格在去年飙升，涨至1700美元，但现在回落到600美元，伍德认为，这是一个领先指标。</blockquote></p><p> 目前，由于商品和服务价格的上涨速度快于收入的增长速度，消费者感到他们的购买力正在下降，这是经济放缓的一个原因。</p><p><blockquote>目前，由于商品和服务价格的上涨速度快于收入的增长速度，消费者感觉到他们的购买力正在下降，这是经济放缓的一个原因。</blockquote></p><p> 但更重要的是供应链的变化。在疫情爆发前，企业在大约一年到18个月的时间里一直在削减库存建设和资本支出。而当疫情来袭时，原本谨慎的企业纷纷刹车，而消费者因前几个月的储蓄率飙升，在大约一个月后开始消费刺激经济。</p><p><blockquote>但更重要的是供应链的变化。在疫情爆发前，企业在大约一年到18个月的时间里一直在削减库存建设和资本支出。而当疫情来袭时，原本谨慎的企业纷纷刹车，而消费者因前几个月的储蓄率飙升，在大约一个月后开始消费刺激经济。</blockquote></p><p> 因此，企业措手不及。由于供应未能满足需求，第二季度的库存清算接近破纪录水平，为了赶上需求，企业疯狂下订单囤积库存。这就是木材价格自5月中旬以来急剧下跌的原因。伍德认为：“一旦他们看到价格下降，他们就会撤回订单。因此，我认为，随着消费者从仅占消费三分之一的商品消费转向服务消费，商品和其他价格可能会大幅下跌。”</p><p><blockquote>为此，企业措手不及。由于供应无法满足需求，第二季度的库存清算接近破纪录水平，为了快速上需求，企业疯狂下订单囤积库存。这就是木材价格自5月中旬以来急剧下跌的原因。伍德认为：“一旦他们看到价格下降，他们就会撤回订单。因此，我认为，随着消费者从仅占消费三分之一的商品消费转向服务消费，商品和其他价格可能会大幅下跌。”</blockquote></p><p> <b>Mohamed El-Erian：不平等的世界</b></p><p><blockquote><b>Mohamed El-Erian：不平等的世界</b></blockquote></p><p> Mohamed El-Erian指出，其最担心的是国家内部和国家之间的不平等关系。“金融市场把它作为一个社会问题，而不是真正的经济或金融问题。新冠疫情已经造成了巨大的不平衡，但我们现在没有回到原点，而是在加剧不平等，并在扰乱我们社会的各种方面发挥的作用。”</p><p><blockquote>Mohamed El-Erian指出，其最担心的是国家内部和国家之间的不平等关系。“金融市场把它作为一个社会问题，而不是真正的经济或金融问题。新冠疫情已经造成了巨大的不平衡，但我们现在没有回到原点，而是在加剧不平等，并在扰乱我们社会的各个方面发挥作用。”</blockquote></p><p> 一个高度不平等的社会不是一个经济健康的社会，其中，Mohamed El-Erian更担心的是机会的不平等。</p><p><blockquote>一个高度不平等的社会不是一个经济健康的社会，其中，Mohamed El-Erian更担心的是机会的不平等。</blockquote></p><p> 首先，这将加剧财富不平等，因为应对新冠疫情的措施涉及美联储大规模注入流动性，以推高资产价格。这最终将令富人更富有，而底层人们并没有因此发生变化，甚至他们实际和潜在的财富和收入将会出现下降。</p><p><blockquote>首先，这将加剧财富不平等，因为应对新冠疫情的措施涉及美联储大规模注入流动性，以推高资产价格。这最终将使富人更富，而底层人们并没有因此发生变化，甚至他们实际和潜在的财富和收入将会出现下降。</blockquote></p><p> 此外，如果人们失业，就会突然出现技能错配的情况，目前，劳动力市场无法匹配的职位空缺达到了创纪录的水平。</p><p><blockquote>此外，如果人们失业，就会突然出现技能错配的情况，目前，劳动力市场无法匹配的职位空缺达到了创纪录的水平。</blockquote></p><p> Mohamed El-Erian表示：“在经济方面，目前的总需求似乎仍然不足，这是富人获得更多收入和财富后，消费减少的一种奇特说法。而穷人倾向于消费更多，如果增量收入和财富都流向了富人，那么就会出现需求问题，也就是说会出现经济增长问题。”</p><p><blockquote>Mohamed El-Erian表明：“在经济方面，目前的总需求似乎仍然不足，这是富人获得更多收入和财富后，消费减少的一种奇特说法。而穷人倾向于消费更多，如果增加的收入和财富都流向了富人，那么就会出现需求问题，也就会出现经济增长问题。”</blockquote></p><p> 最后，Mohamed El-Erian认为，这个问题的解决办法就是投资于人力和物力基础设施。</p><p><blockquote>最后，Mohamed El-Erian认为，这个问题的解决办法就是投资于人力和物力基础设施。</blockquote></p><p> <b>Scott Minerd：逍遥法外的黑客</b></p><p><blockquote><b>Scott Minerd：逍遥法外的黑客</b></blockquote></p><p> Scott Minerd认为，市场第一大风险是全球支付系统的可持续性，而可持续性的关键是保持全球支付系统的运行。</p><p><blockquote>Scott Minerd认为，市场第一大风险是全球支付系统的可持续性，而可持续性的关键是保持全球支付系统的运行。</blockquote></p><p> Scott Minerd称，其主要针对的对象是像Fedwire，还有DTCC、SWIFT和欧洲结算系统等的全球支付系统。</p><p><blockquote>Scott Minerd称，其主要针对的对象是像Fedwire，还有DTCC、SWIFT和欧洲结算系统等的全球支付系统。</blockquote></p><p> 他认为，如果这些系统被同步攻击，全球金融市场基本上就会崩溃。市场的第一反应可能是证券价格会暴跌，第二反应是全球可能不得不关闭所有的交易所，以便找到恢复支付系统的方法。</p><p><blockquote>他认为，如果这些系统被同步攻击，全球金融市场基本上就会崩塌。市场的第一反应可能是证券价格会暴跌，第二反应是全球可能不得不关闭所有的交易所，以便找到恢复支付系统的方法。</blockquote></p><p> 然而，Scott Minerd称：“关于全球支付系统，让我感到困扰的是，我认为没有人关注它。”</p><p><blockquote>然而，Scott Minerd称：“关于全球支付系统，让我感到困扰的是，我认为没有人关注它。”</blockquote></p><p> “我认为[发生这种事]的可能性很高，甚至超过50%。我曾经被指责说我实际上是在警告恐怖分子和其他政府如何攻击我们。但很可能他们已经在考虑这个问题了。”</p><p><blockquote>“我认为[发生这种事情]的可能性很高，甚至超过50%。我曾被指责说我实际上是在警告恐怖分子和其他政府如何攻击我们。但很可能他们已经在考虑这个问题了。”</blockquote></p><p> “在美联储，当我和他们谈话时，他们不会对此发表评论。对此有两种解释:他们只是觉得事情没那么严重，或者他们认为事情太严重了，所以不想说什么。”</p><p><blockquote>“在美联储，当我和他们谈话时，他们不会对此发表评论。对此有两种解释：他们只是觉得事情没那么严重，或者他们认为事情太严重了，所以不想说什么。”</blockquote></p><p> Scott Minerd认为，这需要高度的国际合作评估风险，并找出如何在短期内强化现有的系统，以及在长期内使其现代化。</p><p><blockquote>Scott Minerd认为，这需要高度的国际合作评估风险，并找出如何在短期内加强现有的系统，以及在长期内使其现代化。</blockquote></p><p> “这需要新一代的技术，而在短期内，中央银行，交易所等需要仔细检查他们的系统，不仅仅是他们的系统，还需要仔细检查系统的互联性以及连接的安全性。”</p><p><blockquote>“这需要新一代的技术，而在短期内，中央银行、交易所等需要孩子细检查他们的系统，不仅仅是他们的系统，还需要孩子细检查系统的互联性以及连接的安全性。”</blockquote></p><p> 最后，Scott Minerd称，美国政府将在(创建一个新体系)中发挥巨大作用，因为美国是世界金融中心。不过他认为，美国并不会立即采取行动。</p><p><blockquote>最后，scottminerd称，美国政府将在（创建一个新体系）中发挥巨大作用，因为美国是世界金融中心。不过他认为，美国并不会立即采取行动。</blockquote></p><p></p>","source":"highlight_zhitongcaijin","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta 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{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\">\n华尔街三巨头：警惕未来这三个重大风险！<blockquote>华尔街三巨头：警惕未来这三个重大风险！</blockquote>\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">智通财经网</strong><span class=\"h-time small\">2021-09-30 19:39</span>\n</p>\n</h4>\n</header>\n<article>\n<p>如今，在新冠疫情和通胀等冲击下，当前投资者和全球经济面临的风险接连不断、数不胜数。而相信在未来，风险依旧无处不在，因此，在接下来的五到十年内，投资者最该关注的风险又将是什么?对此，ARK投资管理公司凯茜·伍德、安联集团首席经济顾问Mohamed El-Erian和Guggenheim Partners首席执行官Scott Minerd在近日接受采访时，分别给出了他们的观点。</p><p><blockquote>如今，在新冠疫情和通胀等冲击下，当前投资者和全球经济面临的风险接连不断，数不胜数。而相信在未来，风险依然不存在，因此，在未来的五到十年内，投资者最该关注的风险又将是什么？对此，ARK投资管理公司凯茜·伍德、安联集团首席经济顾问Mohamed El-Erian和Guggenheim Partners首席执行官Scott Minerd在近日接受采访时，分别给出了他们的观点。</blockquote></p><p> <b>凯茜·伍德：通货紧缩浪潮</b></p><p><blockquote><b>凯茜·伍德：货币紧缩浪潮</b></blockquote></p><p> 目前人们的基本假设是，市场正处于一个由供应链中断加剧的通胀时期。</p><p><blockquote>目前人们的基本假设是，市场正处于一个由供应链中断加剧的通胀时期。</blockquote></p><p> 不过，伍德认为，有三股主要的通缩力量正在酝酿之中。</p><p><blockquote>不过，伍德认为，有三股主要的通缩力量正在酝酿之中。</blockquote></p><p> “在创新方面，我们正处于一个前所未有的时期。如今，我们可以看到五个平台的技术创新正在同时发展：DNA测序、机器人、能源存储、人工智能和区块链技术。而所有这些都与通货紧缩相关。”</p><p><blockquote>“在创新方面，我们正处于一个前所未有的时期。如今，我们可以看到五个平台的技术创新正在同时发展：DNA测序、机器人、能源存储、人工智能和区块链技术。而所有这些都与货币紧缩相关。”</blockquote></p><p> 例如，在人工智能领域，培训成本每年下降68%，这表明未来将看到大量使用人工智能的产品繁荣。</p><p><blockquote>例如，在人工智能领域，培训成本每年下降68%，这表明未来将看到大量使用人工智能的产品繁荣。</blockquote></p><p> 还有DNA测序的成本。为了给第一个完整的人类基因组排序，人们在2003年花费了27亿美元和13年的计算能力。但在18年后，成本只需500美元和几个小时的计算能力，人类基因组测序的数量每增加一倍，成本就会下降40%。</p><p><blockquote>咱们有DNA测序的成本。为了完成第一个完整的人类基因组测序，人们在2003年花费了27亿美元和13年的计算能力。但在18年后，成本只需500美元和几个小时的计算能力，人类基因组测序的数量每增加一倍，成本就会下降40%。</blockquote></p><p> 这将改变医疗保健行业，帮助辨别哪些医疗保健资金被浪费。并且，伍德认为，如今有一半以上的医疗费用被浪费了。</p><p><blockquote>这将改变医疗保健行业，帮助辨别哪些医疗保健资金被浪费。并且，伍德认为，如今有一半以上的医疗费用被浪费了。</blockquote></p><p> 然后再到电动汽车和电池组系统技术。电动汽车销量每增加一倍，电池成本就会下降28%，这意味着每当销量翻番时，电动汽车的成本就会下降大约15%，而目前，市场现在正处于电动汽车在销量方面的初期阶段。</p><p><blockquote>然后再到电动汽车和电池组系统技术。电动汽车销量每增加一倍，电池成本就会下降28%，这意味着每当销量回升时，电动汽车的成本就会下降大约15%，而目前，市场目前正处于电动汽车销量方面的早期阶段。</blockquote></p><p> 另一个是工业机器人。机器人的数量每增加一倍，这方面的成本就会下降20%以上。</p><p><blockquote>另一个是工业机器人。机器人员的数量每增加一倍，这方面的成本就会下降20%以上。</blockquote></p><p> 不过，伍德称，这是属于好的通缩，它将导致经济活动的繁荣，至少在这些创新领域是如此。</p><p><blockquote>不过，伍德称，这属于很好的通缩，它将导致经济活动的繁荣，至少在这些创新领域是如此。</blockquote></p><p> 但这也有可能产生另一种坏的通缩。伍德表示，所谓坏的通缩，通常是因一些大型企业短视而造成的，利润没有用于投资未来，而是用来发放股利和回购股票，最后只能通过产品降价来还债，这种降价带来的通缩是极为不利的，相关公司也可能被未来的颠覆式创新力量淘汰。</p><p><blockquote>但这也有可能产生另一种坏的通缩。伍德表示，所谓坏的通缩，通常是因为一些大型企业短视而造成的，利润没有用于投资未来，而用来发行股利和回购股票，最后只能通过产品降价来还债，这种降价带来的通缩是极其不利的，相关公司也可能被未来的颠覆式创新力量淘汰。</blockquote></p><p> 另外，伍德还在周期性市场中看到了一些有趣的信号。</p><p><blockquote>此外，伍德还在周期性市场中看到了一些有趣的信号。</blockquote></p><p> 由于重建和对新房的需求，木材价格在去年飙升，涨至1700美元，但现在回落到600美元，伍德认为，这是一个领先指标。</p><p><blockquote>由于重建和对新房的需求，木材价格在去年飙升，涨至1700美元，但现在回落到600美元，伍德认为，这是一个领先指标。</blockquote></p><p> 目前，由于商品和服务价格的上涨速度快于收入的增长速度，消费者感到他们的购买力正在下降，这是经济放缓的一个原因。</p><p><blockquote>目前，由于商品和服务价格的上涨速度快于收入的增长速度，消费者感觉到他们的购买力正在下降，这是经济放缓的一个原因。</blockquote></p><p> 但更重要的是供应链的变化。在疫情爆发前，企业在大约一年到18个月的时间里一直在削减库存建设和资本支出。而当疫情来袭时，原本谨慎的企业纷纷刹车，而消费者因前几个月的储蓄率飙升，在大约一个月后开始消费刺激经济。</p><p><blockquote>但更重要的是供应链的变化。在疫情爆发前，企业在大约一年到18个月的时间里一直在削减库存建设和资本支出。而当疫情来袭时，原本谨慎的企业纷纷刹车，而消费者因前几个月的储蓄率飙升，在大约一个月后开始消费刺激经济。</blockquote></p><p> 因此，企业措手不及。由于供应未能满足需求，第二季度的库存清算接近破纪录水平，为了赶上需求，企业疯狂下订单囤积库存。这就是木材价格自5月中旬以来急剧下跌的原因。伍德认为：“一旦他们看到价格下降，他们就会撤回订单。因此，我认为，随着消费者从仅占消费三分之一的商品消费转向服务消费，商品和其他价格可能会大幅下跌。”</p><p><blockquote>为此，企业措手不及。由于供应无法满足需求，第二季度的库存清算接近破纪录水平，为了快速上需求，企业疯狂下订单囤积库存。这就是木材价格自5月中旬以来急剧下跌的原因。伍德认为：“一旦他们看到价格下降，他们就会撤回订单。因此，我认为，随着消费者从仅占消费三分之一的商品消费转向服务消费，商品和其他价格可能会大幅下跌。”</blockquote></p><p> <b>Mohamed El-Erian：不平等的世界</b></p><p><blockquote><b>Mohamed El-Erian：不平等的世界</b></blockquote></p><p> Mohamed El-Erian指出，其最担心的是国家内部和国家之间的不平等关系。“金融市场把它作为一个社会问题，而不是真正的经济或金融问题。新冠疫情已经造成了巨大的不平衡，但我们现在没有回到原点，而是在加剧不平等，并在扰乱我们社会的各种方面发挥的作用。”</p><p><blockquote>Mohamed El-Erian指出，其最担心的是国家内部和国家之间的不平等关系。“金融市场把它作为一个社会问题，而不是真正的经济或金融问题。新冠疫情已经造成了巨大的不平衡，但我们现在没有回到原点，而是在加剧不平等，并在扰乱我们社会的各个方面发挥作用。”</blockquote></p><p> 一个高度不平等的社会不是一个经济健康的社会，其中，Mohamed El-Erian更担心的是机会的不平等。</p><p><blockquote>一个高度不平等的社会不是一个经济健康的社会，其中，Mohamed El-Erian更担心的是机会的不平等。</blockquote></p><p> 首先，这将加剧财富不平等，因为应对新冠疫情的措施涉及美联储大规模注入流动性，以推高资产价格。这最终将令富人更富有，而底层人们并没有因此发生变化，甚至他们实际和潜在的财富和收入将会出现下降。</p><p><blockquote>首先，这将加剧财富不平等，因为应对新冠疫情的措施涉及美联储大规模注入流动性，以推高资产价格。这最终将使富人更富，而底层人们并没有因此发生变化，甚至他们实际和潜在的财富和收入将会出现下降。</blockquote></p><p> 此外，如果人们失业，就会突然出现技能错配的情况，目前，劳动力市场无法匹配的职位空缺达到了创纪录的水平。</p><p><blockquote>此外，如果人们失业，就会突然出现技能错配的情况，目前，劳动力市场无法匹配的职位空缺达到了创纪录的水平。</blockquote></p><p> Mohamed El-Erian表示：“在经济方面，目前的总需求似乎仍然不足，这是富人获得更多收入和财富后，消费减少的一种奇特说法。而穷人倾向于消费更多，如果增量收入和财富都流向了富人，那么就会出现需求问题，也就是说会出现经济增长问题。”</p><p><blockquote>Mohamed El-Erian表明：“在经济方面，目前的总需求似乎仍然不足，这是富人获得更多收入和财富后，消费减少的一种奇特说法。而穷人倾向于消费更多，如果增加的收入和财富都流向了富人，那么就会出现需求问题，也就会出现经济增长问题。”</blockquote></p><p> 最后，Mohamed El-Erian认为，这个问题的解决办法就是投资于人力和物力基础设施。</p><p><blockquote>最后，Mohamed El-Erian认为，这个问题的解决办法就是投资于人力和物力基础设施。</blockquote></p><p> <b>Scott Minerd：逍遥法外的黑客</b></p><p><blockquote><b>Scott Minerd：逍遥法外的黑客</b></blockquote></p><p> Scott Minerd认为，市场第一大风险是全球支付系统的可持续性，而可持续性的关键是保持全球支付系统的运行。</p><p><blockquote>Scott Minerd认为，市场第一大风险是全球支付系统的可持续性，而可持续性的关键是保持全球支付系统的运行。</blockquote></p><p> Scott Minerd称，其主要针对的对象是像Fedwire，还有DTCC、SWIFT和欧洲结算系统等的全球支付系统。</p><p><blockquote>Scott Minerd称，其主要针对的对象是像Fedwire，还有DTCC、SWIFT和欧洲结算系统等的全球支付系统。</blockquote></p><p> 他认为，如果这些系统被同步攻击，全球金融市场基本上就会崩溃。市场的第一反应可能是证券价格会暴跌，第二反应是全球可能不得不关闭所有的交易所，以便找到恢复支付系统的方法。</p><p><blockquote>他认为，如果这些系统被同步攻击，全球金融市场基本上就会崩塌。市场的第一反应可能是证券价格会暴跌，第二反应是全球可能不得不关闭所有的交易所，以便找到恢复支付系统的方法。</blockquote></p><p> 然而，Scott Minerd称：“关于全球支付系统，让我感到困扰的是，我认为没有人关注它。”</p><p><blockquote>然而，Scott Minerd称：“关于全球支付系统，让我感到困扰的是，我认为没有人关注它。”</blockquote></p><p> “我认为[发生这种事]的可能性很高，甚至超过50%。我曾经被指责说我实际上是在警告恐怖分子和其他政府如何攻击我们。但很可能他们已经在考虑这个问题了。”</p><p><blockquote>“我认为[发生这种事情]的可能性很高，甚至超过50%。我曾被指责说我实际上是在警告恐怖分子和其他政府如何攻击我们。但很可能他们已经在考虑这个问题了。”</blockquote></p><p> “在美联储，当我和他们谈话时，他们不会对此发表评论。对此有两种解释:他们只是觉得事情没那么严重，或者他们认为事情太严重了，所以不想说什么。”</p><p><blockquote>“在美联储，当我和他们谈话时，他们不会对此发表评论。对此有两种解释：他们只是觉得事情没那么严重，或者他们认为事情太严重了，所以不想说什么。”</blockquote></p><p> Scott Minerd认为，这需要高度的国际合作评估风险，并找出如何在短期内强化现有的系统，以及在长期内使其现代化。</p><p><blockquote>Scott Minerd认为，这需要高度的国际合作评估风险，并找出如何在短期内加强现有的系统，以及在长期内使其现代化。</blockquote></p><p> “这需要新一代的技术，而在短期内，中央银行，交易所等需要仔细检查他们的系统，不仅仅是他们的系统，还需要仔细检查系统的互联性以及连接的安全性。”</p><p><blockquote>“这需要新一代的技术，而在短期内，中央银行、交易所等需要孩子细检查他们的系统，不仅仅是他们的系统，还需要孩子细检查系统的互联性以及连接的安全性。”</blockquote></p><p> 最后，Scott Minerd称，美国政府将在(创建一个新体系)中发挥巨大作用，因为美国是世界金融中心。不过他认为，美国并不会立即采取行动。</p><p><blockquote>最后，scottminerd称，美国政府将在（创建一个新体系）中发挥巨大作用，因为美国是世界金融中心。不过他认为，美国并不会立即采取行动。</blockquote></p><p></p>\n<div class=\"bt-text\">\n\n\n<p> 来源：<a href=\"http://www.zhitongcaijing.com/content/detail/569252.html\">智通财经网</a></p>\n<p>为提升您的阅读体验，我们对本页面进行了排版优化</p>\n\n\n</div>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://static.tigerbbs.com/78040bab474704becb26ec81f126aab7","relate_stocks":{".DJI":"道琼斯",".SPX":"S&P 500 Index",".IXIC":"NASDAQ Composite"},"source_url":"http://www.zhitongcaijing.com/content/detail/569252.html","is_english":true,"share_image_url":"https://static.laohu8.com/6ca2dcdccfa2217fb20a0351f4efe814","article_id":"2171895854","content_text":"如今，在新冠疫情和通胀等冲击下，当前投资者和全球经济面临的风险接连不断、数不胜数。而相信在未来，风险依旧无处不在，因此，在接下来的五到十年内，投资者最该关注的风险又将是什么?对此，ARK投资管理公司凯茜·伍德、安联集团首席经济顾问Mohamed El-Erian和Guggenheim Partners首席执行官Scott Minerd在近日接受采访时，分别给出了他们的观点。\n凯茜·伍德：通货紧缩浪潮\n目前人们的基本假设是，市场正处于一个由供应链中断加剧的通胀时期。\n不过，伍德认为，有三股主要的通缩力量正在酝酿之中。\n“在创新方面，我们正处于一个前所未有的时期。如今，我们可以看到五个平台的技术创新正在同时发展：DNA测序、机器人、能源存储、人工智能和区块链技术。而所有这些都与通货紧缩相关。”\n例如，在人工智能领域，培训成本每年下降68%，这表明未来将看到大量使用人工智能的产品繁荣。\n还有DNA测序的成本。为了给第一个完整的人类基因组排序，人们在2003年花费了27亿美元和13年的计算能力。但在18年后，成本只需500美元和几个小时的计算能力，人类基因组测序的数量每增加一倍，成本就会下降40%。\n这将改变医疗保健行业，帮助辨别哪些医疗保健资金被浪费。并且，伍德认为，如今有一半以上的医疗费用被浪费了。\n然后再到电动汽车和电池组系统技术。电动汽车销量每增加一倍，电池成本就会下降28%，这意味着每当销量翻番时，电动汽车的成本就会下降大约15%，而目前，市场现在正处于电动汽车在销量方面的初期阶段。\n另一个是工业机器人。机器人的数量每增加一倍，这方面的成本就会下降20%以上。\n不过，伍德称，这是属于好的通缩，它将导致经济活动的繁荣，至少在这些创新领域是如此。\n但这也有可能产生另一种坏的通缩。伍德表示，所谓坏的通缩，通常是因一些大型企业短视而造成的，利润没有用于投资未来，而是用来发放股利和回购股票，最后只能通过产品降价来还债，这种降价带来的通缩是极为不利的，相关公司也可能被未来的颠覆式创新力量淘汰。\n另外，伍德还在周期性市场中看到了一些有趣的信号。\n由于重建和对新房的需求，木材价格在去年飙升，涨至1700美元，但现在回落到600美元，伍德认为，这是一个领先指标。\n目前，由于商品和服务价格的上涨速度快于收入的增长速度，消费者感到他们的购买力正在下降，这是经济放缓的一个原因。\n但更重要的是供应链的变化。在疫情爆发前，企业在大约一年到18个月的时间里一直在削减库存建设和资本支出。而当疫情来袭时，原本谨慎的企业纷纷刹车，而消费者因前几个月的储蓄率飙升，在大约一个月后开始消费刺激经济。\n因此，企业措手不及。由于供应未能满足需求，第二季度的库存清算接近破纪录水平，为了赶上需求，企业疯狂下订单囤积库存。这就是木材价格自5月中旬以来急剧下跌的原因。伍德认为：“一旦他们看到价格下降，他们就会撤回订单。因此，我认为，随着消费者从仅占消费三分之一的商品消费转向服务消费，商品和其他价格可能会大幅下跌。”\nMohamed El-Erian：不平等的世界\nMohamed El-Erian指出，其最担心的是国家内部和国家之间的不平等关系。“金融市场把它作为一个社会问题，而不是真正的经济或金融问题。新冠疫情已经造成了巨大的不平衡，但我们现在没有回到原点，而是在加剧不平等，并在扰乱我们社会的各种方面发挥的作用。”\n一个高度不平等的社会不是一个经济健康的社会，其中，Mohamed El-Erian更担心的是机会的不平等。\n首先，这将加剧财富不平等，因为应对新冠疫情的措施涉及美联储大规模注入流动性，以推高资产价格。这最终将令富人更富有，而底层人们并没有因此发生变化，甚至他们实际和潜在的财富和收入将会出现下降。\n此外，如果人们失业，就会突然出现技能错配的情况，目前，劳动力市场无法匹配的职位空缺达到了创纪录的水平。\nMohamed El-Erian表示：“在经济方面，目前的总需求似乎仍然不足，这是富人获得更多收入和财富后，消费减少的一种奇特说法。而穷人倾向于消费更多，如果增量收入和财富都流向了富人，那么就会出现需求问题，也就是说会出现经济增长问题。”\n最后，Mohamed El-Erian认为，这个问题的解决办法就是投资于人力和物力基础设施。\nScott Minerd：逍遥法外的黑客\nScott Minerd认为，市场第一大风险是全球支付系统的可持续性，而可持续性的关键是保持全球支付系统的运行。\nScott Minerd称，其主要针对的对象是像Fedwire，还有DTCC、SWIFT和欧洲结算系统等的全球支付系统。\n他认为，如果这些系统被同步攻击，全球金融市场基本上就会崩溃。市场的第一反应可能是证券价格会暴跌，第二反应是全球可能不得不关闭所有的交易所，以便找到恢复支付系统的方法。\n然而，Scott Minerd称：“关于全球支付系统，让我感到困扰的是，我认为没有人关注它。”\n“我认为[发生这种事]的可能性很高，甚至超过50%。我曾经被指责说我实际上是在警告恐怖分子和其他政府如何攻击我们。但很可能他们已经在考虑这个问题了。”\n“在美联储，当我和他们谈话时，他们不会对此发表评论。对此有两种解释:他们只是觉得事情没那么严重，或者他们认为事情太严重了，所以不想说什么。”\nScott Minerd认为，这需要高度的国际合作评估风险，并找出如何在短期内强化现有的系统，以及在长期内使其现代化。\n“这需要新一代的技术，而在短期内，中央银行，交易所等需要仔细检查他们的系统，不仅仅是他们的系统，还需要仔细检查系统的互联性以及连接的安全性。”\n最后，Scott Minerd称，美国政府将在(创建一个新体系)中发挥巨大作用，因为美国是世界金融中心。不过他认为，美国并不会立即采取行动。","news_type":1,"symbols_score_info":{".DJI":0.9,".IXIC":0.9,".SPX":0.9}},"isVote":1,"tweetType":1,"viewCount":3322,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":864172257,"gmtCreate":1633080543944,"gmtModify":1633080625454,"author":{"id":"4087691982117120","authorId":"4087691982117120","name":"triu","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"4087691982117120","idStr":"4087691982117120"},"themes":[],"htmlText":"Great ariticle, would you like to share it?","listText":"Great ariticle, would you like to share it?","text":"Great ariticle, would you like to share it?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/864172257","repostId":"1194635458","repostType":2,"isVote":1,"tweetType":1,"viewCount":3366,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":864172807,"gmtCreate":1633080536913,"gmtModify":1633080624683,"author":{"id":"4087691982117120","authorId":"4087691982117120","name":"triu","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"4087691982117120","idStr":"4087691982117120"},"themes":[],"htmlText":"Like&nbsp;","listText":"Like&nbsp;","text":"Like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/864172807","repostId":"1194635458","repostType":2,"isVote":1,"tweetType":1,"viewCount":2299,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":865253784,"gmtCreate":1632990904581,"gmtModify":1632990904740,"author":{"id":"4087691982117120","authorId":"4087691982117120","name":"triu","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"4087691982117120","idStr":"4087691982117120"},"themes":[],"htmlText":"Likd","listText":"Likd","text":"Likd","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/865253784","repostId":"1189381801","repostType":2,"isVote":1,"tweetType":1,"viewCount":3594,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":866426619,"gmtCreate":1632798387931,"gmtModify":1632798387931,"author":{"id":"4087691982117120","authorId":"4087691982117120","name":"triu","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"4087691982117120","idStr":"4087691982117120"},"themes":[],"htmlText":"Like&nbsp;","listText":"Like&nbsp;","text":"Like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/866426619","repostId":"1154590665","repostType":2,"repost":{"id":"1154590665","kind":"news","pubTimestamp":1632790801,"share":"https://www.laohu8.com/m/news/1154590665?lang=zh_CN&edition=full","pubTime":"2021-09-28 09:00","market":"us","language":"en","title":"Despite Record Cargo Backlogs, Ports Of L.A. And Long Beach Still Don't Operate Around The Clock<blockquote>尽管货物积压创纪录，洛杉矶和长滩港口仍然无法全天候运营</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1154590665","media":"zerohedge","summary":"Some of the busiest U.S. ports, including many in California, are still struggling with how to deal ","content":"<p>Some of the busiest U.S. ports, including many in California, are still struggling with how to deal with significant cargo backlogs.</p><p><blockquote>美国一些最繁忙的港口，包括加利福尼亚州的许多港口，仍在努力应对大量货物积压。</blockquote></p><p> Yet, despite the backlog, the busiest U.S. port still shuts down for hours on most days and is closed on Sundays,the Wall Street Journal reports. \"Tens of thousands\" of containers remain stuck at the ports of Los Angeles and Long Beach. More than 60 ships are lined up to dock, the report says.</p><p><blockquote>然而，据《华尔街日报》报道，尽管积压，美国最繁忙的港口在大多数日子里仍然关闭数小时，周日也关闭。“数万”集装箱仍滞留在洛杉矶和长滩港口。报道称，60多艘船排队停靠码头。</blockquote></p><p> More than 25% of all American imports pass through one of the two ports. LA and Long Beach collectively manage 13 private container terminals. Long Beach officials finally said last week they would try operating 24 hours a day between Monday and Thursday. LA says it's going to keep existing hours and wait for the rest of the supply chain to extend their hours first.</p><p><blockquote>超过25%的美国进口商品通过这两个港口之一。洛杉矶和长滩共同管理着13个私人集装箱码头。长滩官员上周终于表示，他们将尝试在周一至周四之间每天24小时运营。洛杉矶表示，将保持现有工作时间，并等待供应链的其他部分先延长工作时间。</blockquote></p><p> Gene Seroka, executive director of the larger Port of Los Angeles, said: “It has been nearly impossible to get everyone on the same page towards 24/7 operations.”</p><p><blockquote>洛杉矶较大港口的执行董事吉恩·塞罗卡(Gene Seroka)表示：“几乎不可能让每个人都在24/7运营方面达成一致。”</blockquote></p><p> Ports in places like Asia and Europe, for contrast, have operated around the clock \"for years\", the report notes.</p><p><blockquote>报告指出，相比之下，亚洲和欧洲等地的港口“多年来”一直在全天候运营。</blockquote></p><p> Uffe Ostergaard, president of the North America region for German boxship operator Hapag-Lloyd AG said: “With the current work schedule you have two big ports operating at 60%-70% of their capacity. That’s a huge operational disadvantage.”</p><p><blockquote>德国集装箱船运营商赫伯罗特股份公司北美地区总裁乌菲·奥斯特加德(Uffe Ostergaard)表示：“按照目前的工作时间表，两个大型港口的运营能力为60%-70%。这是一个巨大的运营劣势。”</blockquote></p><p> As the shortage continues, all members of the supply chain including truckers, warehouse operators and railways, are blaming each other for the shortages of products. All parts of the supply chain are also struggling with a shortage of labor.</p><p><blockquote>随着短缺的持续，供应链的所有成员，包括卡车司机、仓库运营商和铁路，都在互相指责产品短缺。供应链的各个部分也都在与劳动力短缺作斗争。</blockquote></p><p> A longshore shift at either of the two ports used to be either 8AM to 4PM or 6PM to 3AM. Overnight shifts of 5 hours were \"rarely used\" because they are up to 50% more expensive, the report says.</p><p><blockquote>这两个港口的码头班次过去是上午8点至下午4点或下午6点至凌晨3点。报告称，5小时的夜班“很少使用”，因为它们的成本高达50%。</blockquote></p><p> The International Longshore and Warehouse Union says their members will work a third shift, but only after the pileup of containers is fetched out of the port so there is space.</p><p><blockquote>国际码头和仓库联盟表示，他们的成员将进行第三班工作，但前提是堆积如山的集装箱被运出港口，以便有空间。</blockquote></p><p> Frank Ponce De Leon, a coast committeeman at the ILWU, said: “Congestion won’t be fixed until everyone steps up and does their part. The terminal operators have been underutilizing their option to hire us for the third shift.</p><p><blockquote>ILWU海岸委员弗兰克·庞塞·德莱昂(Frank Ponce De Leon)表示：“除非每个人都站出来尽自己的一份力量，否则拥堵不会得到解决。码头运营商没有充分利用他们雇用我们做第三班的选择。</blockquote></p><p> Meanwhile, elsewhere in the supply chian, Federal safety regulations prevent commercial truck drivers to 11 hours of driving in a 14 hour workday. Port truckers like to start early in the morning so they can maximize the number of loads they can transport in a day.</p><p><blockquote>与此同时，在供应链的其他地方，联邦安全法规禁止商用卡车司机在14小时工作日中驾驶11小时。港口卡车司机喜欢一大早就出发，这样他们就可以最大限度地增加一天内运输的货物数量。</blockquote></p><p> <img src=\"https://static.tigerbbs.com/65d90e5ff24743575095fb2c886f30b9\" tg-width=\"293\" tg-height=\"469\" width=\"100%\" height=\"auto\">Tom Boyle, chief executive of Quik Pick Express LLC, a trucking and warehousing provider, told the Journal: “The biggest issue it probably comes down to is labor.”</p><p><blockquote>卡车运输和仓储提供商Quik Pick Express LLC的首席执行官汤姆·博伊尔(Tom Boyle)告诉《华尔街日报》：“最大的问题可能归结为劳动力。”</blockquote></p><p> Rail operator Union Pacific says it sees most delays when it picks up cargo from ports and hands it to trucks at destinations.</p><p><blockquote>铁路运营商联合太平洋公司表示，当它从港口提取货物并在目的地将其交给卡车时，它会看到大多数延误。</blockquote></p><p> Wim Lagaay, chief executive of APM Terminals North America, who operates at the port of LA, said: “If you work a gate 24/7 it will improve your velocity. Up to 30% of overall truck appointments are not met because there are not enough trucks, drivers or chassis.”</p><p><blockquote>在洛杉矶港运营的APM Terminals North America首席执行官Wim Lagaay表示：“如果你全天候在登机口工作，就会提高你的速度。高达30%的卡车预约没有得到满足，因为没有足够的卡车、司机或底盘。”</blockquote></p><p> Matt Schrap, chief executive of the Harbor Trucking Association, added: “There is too much congestion from empty containers on terminals. The shipping lines aren’t moving the boxes out, which is preventing us from returning empties that we are storing in our yards.\"</p><p><blockquote>港口卡车运输协会首席执行官马特·施拉普(Matt Schrap)补充道：“码头上的空集装箱造成了太多拥堵。航运公司没有将箱子运出，这使我们无法退回存放在堆场的空集装箱。”</blockquote></p><p> Mario Cordero, executive director at the Port of Long Beach concluded: “It’s impossible to effectively move such volumes if we don’t move to 24/7 operations across the supply chain. They do it in other parts of the world.”</p><p><blockquote>长滩港执行董事马里奥·科德罗(Mario Cordero)总结道：“如果我们不在整个供应链中转向24/7运营，就不可能有效地转移如此数量。他们在世界其他地区也这样做。”</blockquote></p><p></p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Despite Record Cargo Backlogs, Ports Of L.A. And Long Beach Still Don't Operate Around The Clock<blockquote>尽管货物积压创纪录，洛杉矶和长滩港口仍然无法全天候运营</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\">\nDespite Record Cargo Backlogs, Ports Of L.A. And Long Beach Still Don't Operate Around The Clock<blockquote>尽管货物积压创纪录，洛杉矶和长滩港口仍然无法全天候运营</blockquote>\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">zerohedge</strong><span class=\"h-time small\">2021-09-28 09:00</span>\n</p>\n</h4>\n</header>\n<article>\n<p>Some of the busiest U.S. ports, including many in California, are still struggling with how to deal with significant cargo backlogs.</p><p><blockquote>美国一些最繁忙的港口，包括加利福尼亚州的许多港口，仍在努力应对大量货物积压。</blockquote></p><p> Yet, despite the backlog, the busiest U.S. port still shuts down for hours on most days and is closed on Sundays,the Wall Street Journal reports. \"Tens of thousands\" of containers remain stuck at the ports of Los Angeles and Long Beach. More than 60 ships are lined up to dock, the report says.</p><p><blockquote>然而，据《华尔街日报》报道，尽管积压，美国最繁忙的港口在大多数日子里仍然关闭数小时，周日也关闭。“数万”集装箱仍滞留在洛杉矶和长滩港口。报道称，60多艘船排队停靠码头。</blockquote></p><p> More than 25% of all American imports pass through one of the two ports. LA and Long Beach collectively manage 13 private container terminals. Long Beach officials finally said last week they would try operating 24 hours a day between Monday and Thursday. LA says it's going to keep existing hours and wait for the rest of the supply chain to extend their hours first.</p><p><blockquote>超过25%的美国进口商品通过这两个港口之一。洛杉矶和长滩共同管理着13个私人集装箱码头。长滩官员上周终于表示，他们将尝试在周一至周四之间每天24小时运营。洛杉矶表示，将保持现有工作时间，并等待供应链的其他部分先延长工作时间。</blockquote></p><p> Gene Seroka, executive director of the larger Port of Los Angeles, said: “It has been nearly impossible to get everyone on the same page towards 24/7 operations.”</p><p><blockquote>洛杉矶较大港口的执行董事吉恩·塞罗卡(Gene Seroka)表示：“几乎不可能让每个人都在24/7运营方面达成一致。”</blockquote></p><p> Ports in places like Asia and Europe, for contrast, have operated around the clock \"for years\", the report notes.</p><p><blockquote>报告指出，相比之下，亚洲和欧洲等地的港口“多年来”一直在全天候运营。</blockquote></p><p> Uffe Ostergaard, president of the North America region for German boxship operator Hapag-Lloyd AG said: “With the current work schedule you have two big ports operating at 60%-70% of their capacity. That’s a huge operational disadvantage.”</p><p><blockquote>德国集装箱船运营商赫伯罗特股份公司北美地区总裁乌菲·奥斯特加德(Uffe Ostergaard)表示：“按照目前的工作时间表，两个大型港口的运营能力为60%-70%。这是一个巨大的运营劣势。”</blockquote></p><p> As the shortage continues, all members of the supply chain including truckers, warehouse operators and railways, are blaming each other for the shortages of products. All parts of the supply chain are also struggling with a shortage of labor.</p><p><blockquote>随着短缺的持续，供应链的所有成员，包括卡车司机、仓库运营商和铁路，都在互相指责产品短缺。供应链的各个部分也都在与劳动力短缺作斗争。</blockquote></p><p> A longshore shift at either of the two ports used to be either 8AM to 4PM or 6PM to 3AM. Overnight shifts of 5 hours were \"rarely used\" because they are up to 50% more expensive, the report says.</p><p><blockquote>这两个港口的码头班次过去是上午8点至下午4点或下午6点至凌晨3点。报告称，5小时的夜班“很少使用”，因为它们的成本高达50%。</blockquote></p><p> The International Longshore and Warehouse Union says their members will work a third shift, but only after the pileup of containers is fetched out of the port so there is space.</p><p><blockquote>国际码头和仓库联盟表示，他们的成员将进行第三班工作，但前提是堆积如山的集装箱被运出港口，以便有空间。</blockquote></p><p> Frank Ponce De Leon, a coast committeeman at the ILWU, said: “Congestion won’t be fixed until everyone steps up and does their part. The terminal operators have been underutilizing their option to hire us for the third shift.</p><p><blockquote>ILWU海岸委员弗兰克·庞塞·德莱昂(Frank Ponce De Leon)表示：“除非每个人都站出来尽自己的一份力量，否则拥堵不会得到解决。码头运营商没有充分利用他们雇用我们做第三班的选择。</blockquote></p><p> Meanwhile, elsewhere in the supply chian, Federal safety regulations prevent commercial truck drivers to 11 hours of driving in a 14 hour workday. Port truckers like to start early in the morning so they can maximize the number of loads they can transport in a day.</p><p><blockquote>与此同时，在供应链的其他地方，联邦安全法规禁止商用卡车司机在14小时工作日中驾驶11小时。港口卡车司机喜欢一大早就出发，这样他们就可以最大限度地增加一天内运输的货物数量。</blockquote></p><p> <img src=\"https://static.tigerbbs.com/65d90e5ff24743575095fb2c886f30b9\" tg-width=\"293\" tg-height=\"469\" width=\"100%\" height=\"auto\">Tom Boyle, chief executive of Quik Pick Express LLC, a trucking and warehousing provider, told the Journal: “The biggest issue it probably comes down to is labor.”</p><p><blockquote>卡车运输和仓储提供商Quik Pick Express LLC的首席执行官汤姆·博伊尔(Tom Boyle)告诉《华尔街日报》：“最大的问题可能归结为劳动力。”</blockquote></p><p> Rail operator Union Pacific says it sees most delays when it picks up cargo from ports and hands it to trucks at destinations.</p><p><blockquote>铁路运营商联合太平洋公司表示，当它从港口提取货物并在目的地将其交给卡车时，它会看到大多数延误。</blockquote></p><p> Wim Lagaay, chief executive of APM Terminals North America, who operates at the port of LA, said: “If you work a gate 24/7 it will improve your velocity. Up to 30% of overall truck appointments are not met because there are not enough trucks, drivers or chassis.”</p><p><blockquote>在洛杉矶港运营的APM Terminals North America首席执行官Wim Lagaay表示：“如果你全天候在登机口工作，就会提高你的速度。高达30%的卡车预约没有得到满足，因为没有足够的卡车、司机或底盘。”</blockquote></p><p> Matt Schrap, chief executive of the Harbor Trucking Association, added: “There is too much congestion from empty containers on terminals. The shipping lines aren’t moving the boxes out, which is preventing us from returning empties that we are storing in our yards.\"</p><p><blockquote>港口卡车运输协会首席执行官马特·施拉普(Matt Schrap)补充道：“码头上的空集装箱造成了太多拥堵。航运公司没有将箱子运出，这使我们无法退回存放在堆场的空集装箱。”</blockquote></p><p> Mario Cordero, executive director at the Port of Long Beach concluded: “It’s impossible to effectively move such volumes if we don’t move to 24/7 operations across the supply chain. They do it in other parts of the world.”</p><p><blockquote>长滩港执行董事马里奥·科德罗(Mario Cordero)总结道：“如果我们不在整个供应链中转向24/7运营，就不可能有效地转移如此数量。他们在世界其他地区也这样做。”</blockquote></p><p></p>\n<div class=\"bt-text\">\n\n\n<p> 来源：<a href=\"https://www.zerohedge.com/markets/despite-record-cargo-backlogs-ports-la-and-long-beach-still-dont-operate-around-clock?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+zerohedge%2Ffeed+%28zero+hedge+-+on+a+long+enough+timeline%2C+the+survival+rate+for+everyone+drops+to+zero%29\">zerohedge</a></p>\n<p>为提升您的阅读体验，我们对本页面进行了排版优化</p>\n\n\n</div>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".SPX":"S&P 500 Index","SPY":"标普500ETF",".IXIC":"NASDAQ Composite",".DJI":"道琼斯"},"source_url":"https://www.zerohedge.com/markets/despite-record-cargo-backlogs-ports-la-and-long-beach-still-dont-operate-around-clock?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+zerohedge%2Ffeed+%28zero+hedge+-+on+a+long+enough+timeline%2C+the+survival+rate+for+everyone+drops+to+zero%29","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1154590665","content_text":"Some of the busiest U.S. ports, including many in California, are still struggling with how to deal with significant cargo backlogs.\nYet, despite the backlog, the busiest U.S. port still shuts down for hours on most days and is closed on Sundays,the Wall Street Journal reports. \"Tens of thousands\" of containers remain stuck at the ports of Los Angeles and Long Beach. More than 60 ships are lined up to dock, the report says.\nMore than 25% of all American imports pass through one of the two ports. LA and Long Beach collectively manage 13 private container terminals. Long Beach officials finally said last week they would try operating 24 hours a day between Monday and Thursday. LA says it's going to keep existing hours and wait for the rest of the supply chain to extend their hours first.\nGene Seroka, executive director of the larger Port of Los Angeles, said: “It has been nearly impossible to get everyone on the same page towards 24/7 operations.”\nPorts in places like Asia and Europe, for contrast, have operated around the clock \"for years\", the report notes.\nUffe Ostergaard, president of the North America region for German boxship operator Hapag-Lloyd AG said: “With the current work schedule you have two big ports operating at 60%-70% of their capacity. That’s a huge operational disadvantage.”\nAs the shortage continues, all members of the supply chain including truckers, warehouse operators and railways, are blaming each other for the shortages of products. All parts of the supply chain are also struggling with a shortage of labor.\nA longshore shift at either of the two ports used to be either 8AM to 4PM or 6PM to 3AM. Overnight shifts of 5 hours were \"rarely used\" because they are up to 50% more expensive, the report says.\nThe International Longshore and Warehouse Union says their members will work a third shift, but only after the pileup of containers is fetched out of the port so there is space.\nFrank Ponce De Leon, a coast committeeman at the ILWU, said: “Congestion won’t be fixed until everyone steps up and does their part. The terminal operators have been underutilizing their option to hire us for the third shift.\nMeanwhile, elsewhere in the supply chian, Federal safety regulations prevent commercial truck drivers to 11 hours of driving in a 14 hour workday. Port truckers like to start early in the morning so they can maximize the number of loads they can transport in a day.\nTom Boyle, chief executive of Quik Pick Express LLC, a trucking and warehousing provider, told the Journal: “The biggest issue it probably comes down to is labor.”\nRail operator Union Pacific says it sees most delays when it picks up cargo from ports and hands it to trucks at destinations.\nWim Lagaay, chief executive of APM Terminals North America, who operates at the port of LA, said: “If you work a gate 24/7 it will improve your velocity. Up to 30% of overall truck appointments are not met because there are not enough trucks, drivers or chassis.”\nMatt Schrap, chief executive of the Harbor Trucking Association, added: “There is too much congestion from empty containers on terminals. The shipping lines aren’t moving the boxes out, which is preventing us from returning empties that we are storing in our yards.\"\nMario Cordero, executive director at the Port of Long Beach concluded: “It’s impossible to effectively move such volumes if we don’t move to 24/7 operations across the supply chain. They do it in other parts of the world.”","news_type":1,"symbols_score_info":{".SPX":0.9,".IXIC":0.9,"SPY":0.9,".DJI":0.9}},"isVote":1,"tweetType":1,"viewCount":3706,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":868210941,"gmtCreate":1632651109983,"gmtModify":1632798761919,"author":{"id":"4087691982117120","authorId":"4087691982117120","name":"triu","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"4087691982117120","idStr":"4087691982117120"},"themes":[],"htmlText":"Like&nbsp;","listText":"Like&nbsp;","text":"Like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/868210941","repostId":"1115207407","repostType":2,"repost":{"id":"1115207407","kind":"news","pubTimestamp":1632486845,"share":"https://www.laohu8.com/m/news/1115207407?lang=zh_CN&edition=full","pubTime":"2021-09-24 20:34","market":"us","language":"en","title":"Peter Schiff: Gold Will Explode; The Dollar Will Implode When The Markets Figure This Out<blockquote>彼得·希夫：黄金将会爆炸；当市场发现这一点时，美元将会崩溃</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1115207407","media":"zerohedge","summary":"Peter Schiff says gold will explode and the dollar will implode when the markets figure out the Fed ","content":"<p>Peter Schiff says gold will explode and the dollar will implode when the markets figure out the Fed is crying wolf when it comes to monetary tightening.</p><p><blockquote>彼得·希夫表示，当市场发现美联储在货币紧缩问题上喊狼来了时，黄金将会爆炸，美元将会内爆。</blockquote></p><p> The Federal Reserve wrapped up another meeting without making any changes to its current extraordinary, loose, inflationary monetary policy. But the central bank did hint that it may start tapering its&nbsp;quantitative easing&nbsp;program “soon.”</p><p><blockquote>美联储结束了另一次会议，没有对其当前非同寻常的、宽松的、通胀性的货币政策做出任何改变。但央行确实暗示可能“很快”开始缩减量化宽松计划。</blockquote></p><p> That was enough for the markets. They continue to expect the Fed will tighten monetary policy and fight surging inflation.&nbsp;Gold&nbsp;sold off after the FOMC statement came out, dropping about $10.</p><p><blockquote>这对市场来说已经足够了。他们继续预计美联储将收紧货币政策，对抗飙升的通胀。FOMC声明出来后，黄金遭到抛售，下跌约10美元。</blockquote></p><p> The gold market has battled these headwinds for months. Every time the Fed hints at tightening, gold sells off. Every time inflation numbers come in hot, gold sells off. This doesn’t make sense. Why would investors sell an inflation hedge during an inflationary period? Because they honestly think the central bank can and will sweep in and successfully fight inflation.</p><p><blockquote>几个月来，黄金市场一直在与这些不利因素作斗争。每次美联储暗示紧缩，黄金就会遭到抛售。每当通胀数据公布时，黄金就会遭到抛售。这说不通。为什么投资者会在通胀时期出售通胀对冲工具？因为他们真诚地认为央行能够也将会介入并成功对抗通胀。</blockquote></p><p> But as we have said over and over again,&nbsp;the Fed cannot possibly tighten in this economic environment. In&nbsp;an interview on&nbsp;<i>RT Boom Bust</i>, Peter Schiff said even if the Fed does begin to taper, it will eventually reverse course and ultimately expand QE.</p><p><blockquote>但正如我们一遍又一遍地说的那样，在这种经济环境下，美联储不可能收紧政策。在接受采访时<i>RT繁荣萧条</i>，Peter Schiff表示，即使美联储真的开始缩减，它最终也会逆转方向，最终扩大QE。</blockquote></p><p>   It knows the only foundation this bubble economy has is the Fed’s easy money policies. And I don’t think they have any actual plans to taper.  <b>And even if they just kind of feign the process by beginning it, they’ll never complete it because soon after they start the taper, again, if they even ever start, they’re going to have to reverse the process.</b>Because ultimately, the Fed Fed is going to expand the QE program and start to buy a lot more government Treasuries and mortgage-backed securities in the future than it’s doing right now.”  During his podcast&nbsp;after the September Fed meeting, Peter said at some point the markets will tire of this game.</p><p><blockquote>它知道这种泡沫经济的唯一基础是美联储的宽松货币政策。我认为他们没有任何实际的缩减计划。<b>即使他们只是通过开始这个过程来假装这个过程，他们也永远不会完成它，因为在他们开始逐渐减少后不久，同样，如果他们开始了，他们将不得不逆转这个过程。</b>因为最终，美联储将扩大量化宽松计划，并在未来开始购买比现在更多的政府国债和抵押贷款支持证券。”彼得在9月美联储会议后的播客中表示，在某个时候，市场将会厌倦这场游戏。</blockquote></p><p>   <b>They’re going to be tired of a boy crying wolf over and over and over again, and a wolf never actually showing up. At some point, the markets are going to figure this out, understand the Fed’s predicament, and then it’s going to hit the fan.”</b>  Peter said that’s when you will see the gold market explode and the dollar implode.</p><p><blockquote><b>他们会厌倦一个男孩一遍又一遍地喊狼来了，一只狼从来没有真正出现过。在某个时候，市场会弄清楚这一点，了解美联储的困境，然后就会受到打击。”</b>彼得说，那时你会看到黄金市场爆炸，美元内爆。</blockquote></p><p>   But you can’t wait for that to happen to act. You need to be positioned before everyone wakes up — or not even everyone — just a significant percentage of those who are asleep right now to wake up. That’s all it takes. Not everybody. Just a large enough minority to figure it out and that’s all it’s going to take.”  As for the dollar, during the big stock market selloff on Monday, the greenback was up overall, but it was down against the traditional safe-haven currencies, including the Japanese yen and the Swiss franc. It was also down against gold. Nevertheless, a lot of mainstream commentators claimed the dollar was strong, proving that it remains the go-to safe haven. But that’s not true.</p><p><blockquote>但你不能等到那件事发生才采取行动。你需要在每个人醒来之前就位——或者甚至不是每个人——只有很大一部分正在睡觉的人醒来。这就够了。不是每个人。只要有足够多的少数人能够弄清楚这一点，这就是所需要的。”美元方面，在周一股市大抛售期间，美元整体上涨，但兑日元和瑞士法郎等传统避险货币下跌。它对黄金也下跌。尽管如此，许多主流评论员声称美元走强，证明美元仍然是首选避风港。但那不是真的。</blockquote></p><p>   The dollar was down against the Swiss franc and the yen. Doesn’t that mean that more people were buying Swiss franks and yen instead of the dollar? And also, gold went up against the dollar. So, that means people were buying gold and not the dollar. So, I think the action in the foreign exchange market and in the gold market doesn’t actually prove that the dollar is retaining its safe-haven status. It’s more evidence that it is losing that status as more people are preferring Japanese yen, Swiss francs and gold to the dollar.” </p><p><blockquote>美元对瑞士法郎和日元下跌。这难道不意味着更多的人购买瑞士法郎和日元而不是美元吗？此外，黄金兑美元汇率上涨。所以，这意味着人们在购买黄金而不是美元。因此，我认为外汇市场和黄金市场的走势实际上并不能证明美元保持其避险地位。更多证据表明，随着越来越多的人更喜欢日元、瑞士法郎和黄金而不是美元，它正在失去这一地位。”</blockquote></p><p></p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Peter Schiff: Gold Will Explode; The Dollar Will Implode When The Markets Figure This Out<blockquote>彼得·希夫：黄金将会爆炸；当市场发现这一点时，美元将会崩溃</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\">\nPeter Schiff: Gold Will Explode; The Dollar Will Implode When The Markets Figure This Out<blockquote>彼得·希夫：黄金将会爆炸；当市场发现这一点时，美元将会崩溃</blockquote>\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">zerohedge</strong><span class=\"h-time small\">2021-09-24 20:34</span>\n</p>\n</h4>\n</header>\n<article>\n<p>Peter Schiff says gold will explode and the dollar will implode when the markets figure out the Fed is crying wolf when it comes to monetary tightening.</p><p><blockquote>彼得·希夫表示，当市场发现美联储在货币紧缩问题上喊狼来了时，黄金将会爆炸，美元将会内爆。</blockquote></p><p> The Federal Reserve wrapped up another meeting without making any changes to its current extraordinary, loose, inflationary monetary policy. But the central bank did hint that it may start tapering its&nbsp;quantitative easing&nbsp;program “soon.”</p><p><blockquote>美联储结束了另一次会议，没有对其当前非同寻常的、宽松的、通胀性的货币政策做出任何改变。但央行确实暗示可能“很快”开始缩减量化宽松计划。</blockquote></p><p> That was enough for the markets. They continue to expect the Fed will tighten monetary policy and fight surging inflation.&nbsp;Gold&nbsp;sold off after the FOMC statement came out, dropping about $10.</p><p><blockquote>这对市场来说已经足够了。他们继续预计美联储将收紧货币政策，对抗飙升的通胀。FOMC声明出来后，黄金遭到抛售，下跌约10美元。</blockquote></p><p> The gold market has battled these headwinds for months. Every time the Fed hints at tightening, gold sells off. Every time inflation numbers come in hot, gold sells off. This doesn’t make sense. Why would investors sell an inflation hedge during an inflationary period? Because they honestly think the central bank can and will sweep in and successfully fight inflation.</p><p><blockquote>几个月来，黄金市场一直在与这些不利因素作斗争。每次美联储暗示紧缩，黄金就会遭到抛售。每当通胀数据公布时，黄金就会遭到抛售。这说不通。为什么投资者会在通胀时期出售通胀对冲工具？因为他们真诚地认为央行能够也将会介入并成功对抗通胀。</blockquote></p><p> But as we have said over and over again,&nbsp;the Fed cannot possibly tighten in this economic environment. In&nbsp;an interview on&nbsp;<i>RT Boom Bust</i>, Peter Schiff said even if the Fed does begin to taper, it will eventually reverse course and ultimately expand QE.</p><p><blockquote>但正如我们一遍又一遍地说的那样，在这种经济环境下，美联储不可能收紧政策。在接受采访时<i>RT繁荣萧条</i>，Peter Schiff表示，即使美联储真的开始缩减，它最终也会逆转方向，最终扩大QE。</blockquote></p><p>   It knows the only foundation this bubble economy has is the Fed’s easy money policies. And I don’t think they have any actual plans to taper.  <b>And even if they just kind of feign the process by beginning it, they’ll never complete it because soon after they start the taper, again, if they even ever start, they’re going to have to reverse the process.</b>Because ultimately, the Fed Fed is going to expand the QE program and start to buy a lot more government Treasuries and mortgage-backed securities in the future than it’s doing right now.”  During his podcast&nbsp;after the September Fed meeting, Peter said at some point the markets will tire of this game.</p><p><blockquote>它知道这种泡沫经济的唯一基础是美联储的宽松货币政策。我认为他们没有任何实际的缩减计划。<b>即使他们只是通过开始这个过程来假装这个过程，他们也永远不会完成它，因为在他们开始逐渐减少后不久，同样，如果他们开始了，他们将不得不逆转这个过程。</b>因为最终，美联储将扩大量化宽松计划，并在未来开始购买比现在更多的政府国债和抵押贷款支持证券。”彼得在9月美联储会议后的播客中表示，在某个时候，市场将会厌倦这场游戏。</blockquote></p><p>   <b>They’re going to be tired of a boy crying wolf over and over and over again, and a wolf never actually showing up. At some point, the markets are going to figure this out, understand the Fed’s predicament, and then it’s going to hit the fan.”</b>  Peter said that’s when you will see the gold market explode and the dollar implode.</p><p><blockquote><b>他们会厌倦一个男孩一遍又一遍地喊狼来了，一只狼从来没有真正出现过。在某个时候，市场会弄清楚这一点，了解美联储的困境，然后就会受到打击。”</b>彼得说，那时你会看到黄金市场爆炸，美元内爆。</blockquote></p><p>   But you can’t wait for that to happen to act. You need to be positioned before everyone wakes up — or not even everyone — just a significant percentage of those who are asleep right now to wake up. That’s all it takes. Not everybody. Just a large enough minority to figure it out and that’s all it’s going to take.”  As for the dollar, during the big stock market selloff on Monday, the greenback was up overall, but it was down against the traditional safe-haven currencies, including the Japanese yen and the Swiss franc. It was also down against gold. Nevertheless, a lot of mainstream commentators claimed the dollar was strong, proving that it remains the go-to safe haven. But that’s not true.</p><p><blockquote>但你不能等到那件事发生才采取行动。你需要在每个人醒来之前就位——或者甚至不是每个人——只有很大一部分正在睡觉的人醒来。这就够了。不是每个人。只要有足够多的少数人能够弄清楚这一点，这就是所需要的。”美元方面，在周一股市大抛售期间，美元整体上涨，但兑日元和瑞士法郎等传统避险货币下跌。它对黄金也下跌。尽管如此，许多主流评论员声称美元走强，证明美元仍然是首选避风港。但那不是真的。</blockquote></p><p>   The dollar was down against the Swiss franc and the yen. Doesn’t that mean that more people were buying Swiss franks and yen instead of the dollar? And also, gold went up against the dollar. So, that means people were buying gold and not the dollar. So, I think the action in the foreign exchange market and in the gold market doesn’t actually prove that the dollar is retaining its safe-haven status. It’s more evidence that it is losing that status as more people are preferring Japanese yen, Swiss francs and gold to the dollar.” </p><p><blockquote>美元对瑞士法郎和日元下跌。这难道不意味着更多的人购买瑞士法郎和日元而不是美元吗？此外，黄金兑美元汇率上涨。所以，这意味着人们在购买黄金而不是美元。因此，我认为外汇市场和黄金市场的走势实际上并不能证明美元保持其避险地位。更多证据表明，随着越来越多的人更喜欢日元、瑞士法郎和黄金而不是美元，它正在失去这一地位。”</blockquote></p><p></p>\n<div class=\"bt-text\">\n\n\n<p> 来源：<a href=\"https://www.zerohedge.com/markets/peter-schiff-gold-will-explode-dollar-will-implode-when-markets-figure-out?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+zerohedge%2Ffeed+%28zero+hedge+-+on+a+long+enough+timeline%2C+the+survival+rate+for+everyone+drops+to+zero%29\">zerohedge</a></p>\n<p>为提升您的阅读体验，我们对本页面进行了排版优化</p>\n\n\n</div>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".SPX":"S&P 500 Index","SPY":"标普500ETF",".DJI":"道琼斯",".IXIC":"NASDAQ Composite"},"source_url":"https://www.zerohedge.com/markets/peter-schiff-gold-will-explode-dollar-will-implode-when-markets-figure-out?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+zerohedge%2Ffeed+%28zero+hedge+-+on+a+long+enough+timeline%2C+the+survival+rate+for+everyone+drops+to+zero%29","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1115207407","content_text":"Peter Schiff says gold will explode and the dollar will implode when the markets figure out the Fed is crying wolf when it comes to monetary tightening.\nThe Federal Reserve wrapped up another meeting without making any changes to its current extraordinary, loose, inflationary monetary policy. But the central bank did hint that it may start tapering its quantitative easing program “soon.”\nThat was enough for the markets. They continue to expect the Fed will tighten monetary policy and fight surging inflation. Gold sold off after the FOMC statement came out, dropping about $10.\nThe gold market has battled these headwinds for months. Every time the Fed hints at tightening, gold sells off. Every time inflation numbers come in hot, gold sells off. This doesn’t make sense. Why would investors sell an inflation hedge during an inflationary period? Because they honestly think the central bank can and will sweep in and successfully fight inflation.\nBut as we have said over and over again, the Fed cannot possibly tighten in this economic environment. In an interview on RT Boom Bust, Peter Schiff said even if the Fed does begin to taper, it will eventually reverse course and ultimately expand QE.\n\n It knows the only foundation this bubble economy has is the Fed’s easy money policies. And I don’t think they have any actual plans to taper.\n And even if they just kind of feign the process by beginning it, they’ll never complete it because soon after they start the taper, again, if they even ever start, they’re going to have to reverse the process.Because ultimately, the Fed Fed is going to expand the QE program and start to buy a lot more government Treasuries and mortgage-backed securities in the future than it’s doing right now.”\n\nDuring his podcast after the September Fed meeting, Peter said at some point the markets will tire of this game.\n\nThey’re going to be tired of a boy crying wolf over and over and over again, and a wolf never actually showing up. At some point, the markets are going to figure this out, understand the Fed’s predicament, and then it’s going to hit the fan.”\n\nPeter said that’s when you will see the gold market explode and the dollar implode.\n\n But you can’t wait for that to happen to act. You need to be positioned before everyone wakes up — or not even everyone — just a significant percentage of those who are asleep right now to wake up. That’s all it takes. Not everybody. Just a large enough minority to figure it out and that’s all it’s going to take.”\n\nAs for the dollar, during the big stock market selloff on Monday, the greenback was up overall, but it was down against the traditional safe-haven currencies, including the Japanese yen and the Swiss franc. It was also down against gold. Nevertheless, a lot of mainstream commentators claimed the dollar was strong, proving that it remains the go-to safe haven. But that’s not true.\n\n The dollar was down against the Swiss franc and the yen. Doesn’t that mean that more people were buying Swiss franks and yen instead of the dollar? And also, gold went up against the dollar. So, that means people were buying gold and not the dollar. So, I think the action in the foreign exchange market and in the gold market doesn’t actually prove that the dollar is retaining its safe-haven status. It’s more evidence that it is losing that status as more people are preferring Japanese yen, Swiss francs and gold to the dollar.”","news_type":1,"symbols_score_info":{".SPX":0.9,"SPY":0.9,".IXIC":0.9,".DJI":0.9}},"isVote":1,"tweetType":1,"viewCount":2512,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":863627599,"gmtCreate":1632388690211,"gmtModify":1632800742374,"author":{"id":"4087691982117120","authorId":"4087691982117120","name":"triu","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"4087691982117120","idStr":"4087691982117120"},"themes":[],"htmlText":"Like","listText":"Like","text":"Like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/863627599","repostId":"1138053742","repostType":2,"repost":{"id":"1138053742","kind":"news","pubTimestamp":1632387135,"share":"https://www.laohu8.com/m/news/1138053742?lang=zh_CN&edition=full","pubTime":"2021-09-23 16:52","market":"us","language":"en","title":"Stock Futures Point to Extended Rally, as Evergrande Payment Looms<blockquote>恒大支付迫在眉睫，股指期货有望延续涨势</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1138053742","media":"The Wall Street Journal","summary":"Investors express cautious hope that trouble at indebted property giant China Evergrande can be cont","content":"<p>  <b>Investors express cautious hope that trouble at indebted property giant China Evergrande can be contained.</b>  U.S. stock futures rose, pointing to gains for major indexes as investors remained upbeat that trouble with property giant China Evergrande Group can be contained.</p><p><blockquote><b>投资者谨慎地希望负债累累的房地产巨头中国恒大的麻烦能够得到遏制。</b>美国股指期货上涨，主要股指上涨，因投资者对房地产巨头中国恒大集团的麻烦能够得到遏制保持乐观。</blockquote></p><p> Futures for the S&amp;P 500 rose 0.5% Thursday, a day after a Federal Reserve policy update sent the stocks gauge to itsbiggest one-day gain since July. Contracts for the Dow Jones Industrial Average also added 0.5% and futures for the technology-focused Nasdaq-100 ticked up 0.3%.</p><p><blockquote>标普500期货周四上涨0.5%，此前一天美联储政策更新使该股指数创下7月以来最大单日涨幅。道琼斯工业平均指数合约也上涨0.5%，以科技为重点的纳斯达克100指数期货上涨0.3%。</blockquote></p><p> Markets have been consumed this week with questions surrounding Evergrande, China’s largest property developer. Many fear its collapse could spread economic pain through the world’s second largest economy, with spillovers into global financial markets. The heavily indebted company has issued billions of dollars of bonds to international investors, with many trading for a fraction of their face value.</p><p><blockquote>本周，围绕中国最大房地产开发商恒大的问题充斥着市场。许多人担心它的崩溃可能会将经济痛苦蔓延到世界第二大经济体，并波及全球金融市场。这家负债累累的公司已向国际投资者发行了数十亿美元的债券，其中许多债券的交易价格只是其面值的一小部分。</blockquote></p><p> However, fears around its possible collapse appear to have ebbed—at least temporarily. Evergrande has an $83.5 million coupon payment due Thursday on its U.S. dollar bonds and hadn’t given an indication of whether it will miss the payment. On Wednesday, the company’s flagship property business said it would make aninterest payment on an onshore bond, giving Evergrande more time to work out what investors expect will be a lengthy and complicated restructuring.</p><p><blockquote>然而，围绕其可能崩溃的担忧似乎已经消退——至少暂时如此。恒大将于周四支付8350万美元的美元债券息票，但尚未表明是否会错过付款。周三，该公司的旗舰房地产业务表示将支付境内债券的利息，这让恒大有更多时间来解决投资者预期的漫长而复杂的重组问题。</blockquote></p><p> Hong Kong-listed shares of Evergrande jumped 18%, though remain down 82% for the year. Hong Kong’s Hang Seng Index, which bore the brunt of the selling pressure at the start of the week, jumped 1%. China’s Shanghai Composite Index rose 0.4%.</p><p><blockquote>恒大在香港上市的股价上涨18%，但今年仍下跌82%。本周初首当其冲承受抛售压力的港股恒生指数上涨1%。中国上证综合指数上涨0.4%。</blockquote></p><p> “The consensus view is that ultimately the Chinese will control this,” said John Roe, head of multi-asset funds at Legal and General Investment Management. “The worry is that if you worry about Evergrande you worry about all the other developers.”</p><p><blockquote>“普遍的看法是，最终中国人将控制这一点，”法律和一般投资管理公司多资产基金主管约翰·罗表示。“令人担忧的是，如果你担心恒大，你就会担心所有其他开发商。”</blockquote></p><p> Overseas markets were broadly higher. The Stoxx Europe 600 rose 0.8%, led by shares of technology, auto and retail companies.</p><p><blockquote>海外市场普遍走高。欧洲斯托克600指数上涨0.8%，科技、汽车和零售公司的股票领涨。</blockquote></p><p> Weekly jobless claims data are due at 8:30 a.m. ET. Economists surveyed by The Wall Street Journal estimate that unemployment claims, a proxy for layoffs, declined to 320,000 in the week ended Sept. 18, from 332,000 the prior week.</p><p><blockquote>每周初请失业金数据将于美国东部时间上午8:30公布。《华尔街日报》调查的经济学家估计，截至9月18日当周，代表裁员的失业救济人数从前一周的33.2万人降至32万人。</blockquote></p><p> Also upcoming, surveys of purchasing managers from a number of large economies will be scrutinized for signs of a further slowdown in global growth during September.IHS Markitis due to release figures for the U.S service and manufacturing sectors at 9:45 a.m.</p><p><blockquote>同样即将进行的还有对多个大型经济体采购经理的调查，以寻找9月份全球经济增长进一步放缓的迹象。IHS Markitis将于上午9:45发布美国服务业和制造业数据。</blockquote></p><p> The Bank of England is expected to keep monetary policy on hold in the face of rising inflation when the central bank releases its latest decision at 7 a.m. The pound strengthened 0.2% to trade at $1.3654.</p><p><blockquote>面对通胀上升，英国央行预计将在早上7点发布最新决定时维持货币政策不变。英镑上涨0.2%，至1.3654美元。</blockquote></p><p> Investors also were digesting the Federal Reserve’s decision to tee up a reversal of its pandemic stimulus measures in November. New projections released at the end of the Fed’s two-day policy meeting Wednesday showed half of 18 officialsexpect to raise interest ratesby the end of 2022.</p><p><blockquote>投资者还在消化美联储11月份扭转疫情刺激措施的决定。周三美联储为期两天的政策会议结束时发布的新预测显示，18名官员中有一半预计在2022年底前加息。</blockquote></p><p> That has given money managers confidence the Fed won’t allow the current bout of inflation to become entrenched, according to Mr. Roe. “The most interesting thing about both the current statement and also the last couple of statements has almost been a rowing back on the idea they’re really going to let inflation rip before they take action,” he said.</p><p><blockquote>罗伊表示，这让基金经理相信美联储不会让本轮通胀根深蒂固。他表示：“当前声明和过去几份声明中最有趣的事情几乎是对他们在采取行动之前确实会让通胀飙升的想法进行了反驳。”</blockquote></p><p> In the bond market, the yield on 10-year Treasury notes ticked down to 1.331% from 1.332% Wednesday. Yields move in the opposite direction to bond prices.</p><p><blockquote>在债券市场，10年期国债收益率从周三的1.332%降至1.331%。收益率的变动方向与债券价格相反。</blockquote></p><p> Commodity prices were stable. Brent-crude futures edged up 0.2% to $75.52 a barrel.</p><p><blockquote>大宗商品价格稳定。布伦特原油期货小幅上涨0.2%，至每桶75.52美元。</blockquote></p><p></p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Stock Futures Point to Extended Rally, as Evergrande Payment Looms<blockquote>恒大支付迫在眉睫，股指期货有望延续涨势</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\">\nStock Futures Point to Extended Rally, as Evergrande Payment Looms<blockquote>恒大支付迫在眉睫，股指期货有望延续涨势</blockquote>\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">The Wall Street Journal</strong><span class=\"h-time small\">2021-09-23 16:52</span>\n</p>\n</h4>\n</header>\n<article>\n<p>  <b>Investors express cautious hope that trouble at indebted property giant China Evergrande can be contained.</b>  U.S. stock futures rose, pointing to gains for major indexes as investors remained upbeat that trouble with property giant China Evergrande Group can be contained.</p><p><blockquote><b>投资者谨慎地希望负债累累的房地产巨头中国恒大的麻烦能够得到遏制。</b>美国股指期货上涨，主要股指上涨，因投资者对房地产巨头中国恒大集团的麻烦能够得到遏制保持乐观。</blockquote></p><p> Futures for the S&amp;P 500 rose 0.5% Thursday, a day after a Federal Reserve policy update sent the stocks gauge to itsbiggest one-day gain since July. Contracts for the Dow Jones Industrial Average also added 0.5% and futures for the technology-focused Nasdaq-100 ticked up 0.3%.</p><p><blockquote>标普500期货周四上涨0.5%，此前一天美联储政策更新使该股指数创下7月以来最大单日涨幅。道琼斯工业平均指数合约也上涨0.5%，以科技为重点的纳斯达克100指数期货上涨0.3%。</blockquote></p><p> Markets have been consumed this week with questions surrounding Evergrande, China’s largest property developer. Many fear its collapse could spread economic pain through the world’s second largest economy, with spillovers into global financial markets. The heavily indebted company has issued billions of dollars of bonds to international investors, with many trading for a fraction of their face value.</p><p><blockquote>本周，围绕中国最大房地产开发商恒大的问题充斥着市场。许多人担心它的崩溃可能会将经济痛苦蔓延到世界第二大经济体，并波及全球金融市场。这家负债累累的公司已向国际投资者发行了数十亿美元的债券，其中许多债券的交易价格只是其面值的一小部分。</blockquote></p><p> However, fears around its possible collapse appear to have ebbed—at least temporarily. Evergrande has an $83.5 million coupon payment due Thursday on its U.S. dollar bonds and hadn’t given an indication of whether it will miss the payment. On Wednesday, the company’s flagship property business said it would make aninterest payment on an onshore bond, giving Evergrande more time to work out what investors expect will be a lengthy and complicated restructuring.</p><p><blockquote>然而，围绕其可能崩溃的担忧似乎已经消退——至少暂时如此。恒大将于周四支付8350万美元的美元债券息票，但尚未表明是否会错过付款。周三，该公司的旗舰房地产业务表示将支付境内债券的利息，这让恒大有更多时间来解决投资者预期的漫长而复杂的重组问题。</blockquote></p><p> Hong Kong-listed shares of Evergrande jumped 18%, though remain down 82% for the year. Hong Kong’s Hang Seng Index, which bore the brunt of the selling pressure at the start of the week, jumped 1%. China’s Shanghai Composite Index rose 0.4%.</p><p><blockquote>恒大在香港上市的股价上涨18%，但今年仍下跌82%。本周初首当其冲承受抛售压力的港股恒生指数上涨1%。中国上证综合指数上涨0.4%。</blockquote></p><p> “The consensus view is that ultimately the Chinese will control this,” said John Roe, head of multi-asset funds at Legal and General Investment Management. “The worry is that if you worry about Evergrande you worry about all the other developers.”</p><p><blockquote>“普遍的看法是，最终中国人将控制这一点，”法律和一般投资管理公司多资产基金主管约翰·罗表示。“令人担忧的是，如果你担心恒大，你就会担心所有其他开发商。”</blockquote></p><p> Overseas markets were broadly higher. The Stoxx Europe 600 rose 0.8%, led by shares of technology, auto and retail companies.</p><p><blockquote>海外市场普遍走高。欧洲斯托克600指数上涨0.8%，科技、汽车和零售公司的股票领涨。</blockquote></p><p> Weekly jobless claims data are due at 8:30 a.m. ET. Economists surveyed by The Wall Street Journal estimate that unemployment claims, a proxy for layoffs, declined to 320,000 in the week ended Sept. 18, from 332,000 the prior week.</p><p><blockquote>每周初请失业金数据将于美国东部时间上午8:30公布。《华尔街日报》调查的经济学家估计，截至9月18日当周，代表裁员的失业救济人数从前一周的33.2万人降至32万人。</blockquote></p><p> Also upcoming, surveys of purchasing managers from a number of large economies will be scrutinized for signs of a further slowdown in global growth during September.IHS Markitis due to release figures for the U.S service and manufacturing sectors at 9:45 a.m.</p><p><blockquote>同样即将进行的还有对多个大型经济体采购经理的调查，以寻找9月份全球经济增长进一步放缓的迹象。IHS Markitis将于上午9:45发布美国服务业和制造业数据。</blockquote></p><p> The Bank of England is expected to keep monetary policy on hold in the face of rising inflation when the central bank releases its latest decision at 7 a.m. The pound strengthened 0.2% to trade at $1.3654.</p><p><blockquote>面对通胀上升，英国央行预计将在早上7点发布最新决定时维持货币政策不变。英镑上涨0.2%，至1.3654美元。</blockquote></p><p> Investors also were digesting the Federal Reserve’s decision to tee up a reversal of its pandemic stimulus measures in November. New projections released at the end of the Fed’s two-day policy meeting Wednesday showed half of 18 officialsexpect to raise interest ratesby the end of 2022.</p><p><blockquote>投资者还在消化美联储11月份扭转疫情刺激措施的决定。周三美联储为期两天的政策会议结束时发布的新预测显示，18名官员中有一半预计在2022年底前加息。</blockquote></p><p> That has given money managers confidence the Fed won’t allow the current bout of inflation to become entrenched, according to Mr. Roe. “The most interesting thing about both the current statement and also the last couple of statements has almost been a rowing back on the idea they’re really going to let inflation rip before they take action,” he said.</p><p><blockquote>罗伊表示，这让基金经理相信美联储不会让本轮通胀根深蒂固。他表示：“当前声明和过去几份声明中最有趣的事情几乎是对他们在采取行动之前确实会让通胀飙升的想法进行了反驳。”</blockquote></p><p> In the bond market, the yield on 10-year Treasury notes ticked down to 1.331% from 1.332% Wednesday. Yields move in the opposite direction to bond prices.</p><p><blockquote>在债券市场，10年期国债收益率从周三的1.332%降至1.331%。收益率的变动方向与债券价格相反。</blockquote></p><p> Commodity prices were stable. Brent-crude futures edged up 0.2% to $75.52 a barrel.</p><p><blockquote>大宗商品价格稳定。布伦特原油期货小幅上涨0.2%，至每桶75.52美元。</blockquote></p><p></p>\n<div class=\"bt-text\">\n\n\n<p> 来源：<a href=\"https://www.wsj.com/articles/global-stock-markets-dow-update-09-23-2021-11632382759\">The Wall Street Journal</a></p>\n<p>为提升您的阅读体验，我们对本页面进行了排版优化</p>\n\n\n</div>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".DJI":"道琼斯",".IXIC":"NASDAQ Composite","SPY":"标普500ETF",".SPX":"S&P 500 Index"},"source_url":"https://www.wsj.com/articles/global-stock-markets-dow-update-09-23-2021-11632382759","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1138053742","content_text":"Investors express cautious hope that trouble at indebted property giant China Evergrande can be contained.\n\nU.S. stock futures rose, pointing to gains for major indexes as investors remained upbeat that trouble with property giant China Evergrande Group can be contained.\nFutures for the S&P 500 rose 0.5% Thursday, a day after a Federal Reserve policy update sent the stocks gauge to itsbiggest one-day gain since July. Contracts for the Dow Jones Industrial Average also added 0.5% and futures for the technology-focused Nasdaq-100 ticked up 0.3%.\nMarkets have been consumed this week with questions surrounding Evergrande, China’s largest property developer. Many fear its collapse could spread economic pain through the world’s second largest economy, with spillovers into global financial markets. The heavily indebted company has issued billions of dollars of bonds to international investors, with many trading for a fraction of their face value.\nHowever, fears around its possible collapse appear to have ebbed—at least temporarily. Evergrande has an $83.5 million coupon payment due Thursday on its U.S. dollar bonds and hadn’t given an indication of whether it will miss the payment. On Wednesday, the company’s flagship property business said it would make aninterest payment on an onshore bond, giving Evergrande more time to work out what investors expect will be a lengthy and complicated restructuring.\nHong Kong-listed shares of Evergrande jumped 18%, though remain down 82% for the year. Hong Kong’s Hang Seng Index, which bore the brunt of the selling pressure at the start of the week, jumped 1%. China’s Shanghai Composite Index rose 0.4%.\n“The consensus view is that ultimately the Chinese will control this,” said John Roe, head of multi-asset funds at Legal and General Investment Management. “The worry is that if you worry about Evergrande you worry about all the other developers.”\nOverseas markets were broadly higher. The Stoxx Europe 600 rose 0.8%, led by shares of technology, auto and retail companies.\nWeekly jobless claims data are due at 8:30 a.m. ET. Economists surveyed by The Wall Street Journal estimate that unemployment claims, a proxy for layoffs, declined to 320,000 in the week ended Sept. 18, from 332,000 the prior week.\nAlso upcoming, surveys of purchasing managers from a number of large economies will be scrutinized for signs of a further slowdown in global growth during September.IHS Markitis due to release figures for the U.S service and manufacturing sectors at 9:45 a.m.\nThe Bank of England is expected to keep monetary policy on hold in the face of rising inflation when the central bank releases its latest decision at 7 a.m. The pound strengthened 0.2% to trade at $1.3654.\nInvestors also were digesting the Federal Reserve’s decision to tee up a reversal of its pandemic stimulus measures in November. New projections released at the end of the Fed’s two-day policy meeting Wednesday showed half of 18 officialsexpect to raise interest ratesby the end of 2022.\nThat has given money managers confidence the Fed won’t allow the current bout of inflation to become entrenched, according to Mr. Roe. “The most interesting thing about both the current statement and also the last couple of statements has almost been a rowing back on the idea they’re really going to let inflation rip before they take action,” he said.\nIn the bond market, the yield on 10-year Treasury notes ticked down to 1.331% from 1.332% Wednesday. Yields move in the opposite direction to bond prices.\nCommodity prices were stable. Brent-crude futures edged up 0.2% to $75.52 a barrel.","news_type":1,"symbols_score_info":{"SPY":0.9,".DJI":0.9,".SPX":0.9,".IXIC":0.9}},"isVote":1,"tweetType":1,"viewCount":1120,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":863627301,"gmtCreate":1632388675203,"gmtModify":1632800742745,"author":{"id":"4087691982117120","authorId":"4087691982117120","name":"triu","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"4087691982117120","idStr":"4087691982117120"},"themes":[],"htmlText":"Like","listText":"Like","text":"Like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":4,"repostSize":0,"link":"https://laohu8.com/post/863627301","repostId":"2169669996","repostType":2,"isVote":1,"tweetType":1,"viewCount":2069,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":869574316,"gmtCreate":1632311742835,"gmtModify":1632801344516,"author":{"id":"4087691982117120","authorId":"4087691982117120","name":"triu","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"4087691982117120","idStr":"4087691982117120"},"themes":[],"htmlText":"Like","listText":"Like","text":"Like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/869574316","repostId":"1105083308","repostType":2,"isVote":1,"tweetType":1,"viewCount":706,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":869097423,"gmtCreate":1632225603362,"gmtModify":1632801970775,"author":{"id":"4087691982117120","authorId":"4087691982117120","name":"triu","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"4087691982117120","idStr":"4087691982117120"},"themes":[],"htmlText":"Like","listText":"Like","text":"Like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":3,"repostSize":0,"link":"https://laohu8.com/post/869097423","repostId":"1173746472","repostType":2,"repost":{"id":"1173746472","kind":"news","pubTimestamp":1632221699,"share":"https://www.laohu8.com/m/news/1173746472?lang=zh_CN&edition=full","pubTime":"2021-09-21 18:54","market":"us","language":"en","title":"Why the Stock Market Tanked Monday—and What to Do About It<blockquote>为什么股市周一暴跌——以及该怎么办</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1173746472","media":"MarketWatch","summary":"The stock market tanked—and a correction may be in the offing. While China Evergrande is getting all","content":"<p>The stock market tanked—and a correction may be in the offing. While China Evergrande is getting all the attention, the real problem might be risks to earnings and valuations.</p><p><blockquote>股市暴跌，调整可能即将到来。尽管中国恒大受到了所有关注，但真正的问题可能是盈利和估值的风险。</blockquote></p><p> The S&amp;P 500 dropped 1.7% Monday, and the index is down 3.9% from its all-time high. That may just be the beginning, says Barry Bannister, Stifel’s chief equity strategist, who calls for the S&amp;P 500 to drop as much as 15% this year. “It’s the coalescing of multiple risks in the fourth quarter that cause us to be cautious through September and October,” Bannister says.</p><p><blockquote>标普500周一下跌1.7%，该指数较历史高点下跌3.9%。Stifel首席股票策略师Barry Bannister表示，这可能只是一个开始，他预计标普500今年将下跌15%。班尼斯特表示：“第四季度多种风险的结合导致我们在9月和10月保持谨慎。”</blockquote></p><p> While Evergrande gets the headlines, the bigger problem right now might be U.S. earnings. The companies in the S&amp;P 500 are expected to earn $217.95 in 2022, up 9.4% from 2021, but there’s plenty of downside risk.</p><p><blockquote>虽然恒大成为头条新闻，但目前更大的问题可能是美国的盈利。标普500公司预计2022年盈利217.95美元，较2021年增长9.4%，但存在很大下行风险。</blockquote></p><p> Supply-chain constraints are hampering companies’ ability to meet sales expectations, while costs continue to rise. Companies from industrial-materials maker PPG Industries (ticker: PPG) to home builder PulteGroup (PHM), have announced that sales and profits for 2021 won’t meet expectations. Investors will get a clearer picture of the supply chain issue when companies report their quarterly earnings this fall.</p><p><blockquote>供应链限制阻碍了公司满足销售预期的能力，而成本持续上升。从工业材料制造商PPG Industries（股票代码：PPG）到住宅建筑商PulteGroup(PHM)等公司都宣布2021年的销售额和利润将达不到预期。当公司今年秋季公布季度收益时，投资者将更清楚地了解供应链问题。</blockquote></p><p> “One question that’s going to start creeping in once we get to the third quarter is how much of the supply chain disruptions and inability to meet demand is going hit companies’ bottom lines,” says Yung Yu Ma, chief investment strategist at BMO Capital Markets. “That’s becoming much more acute.”</p><p><blockquote>BMO资本市场首席投资策略师Yung Yu Ma表示：“一旦进入第三季度，一个问题将开始出现，那就是供应链中断和无法满足需求将在多大程度上影响公司的利润。”。“这种情况变得更加严重。”</blockquote></p><p> The other risk to profits that markets have largely ignored is higher corporate taxes. Goldman Sachs strategists say 2022 earnings per share on the S&amp;P 500 could fall roughly 5% with a corporate tax hike to 25% from the current 21%—and House Democrats recently proposed an increase to 26.5%. With aggregate 2022 analyst estimates for S&amp;P 500 EPS at $217.95, therefore, EPS could fall to $207. At a current 21 times, the index could drop 5% on a corporate tax hike—assuming the forward earnings multiple remains the same.</p><p><blockquote>市场基本上忽视的另一个利润风险是更高的公司税。高盛策略师表示，如果公司税从目前的21%上调至25%，标普500 2022年每股收益可能会下降约5%，而众议院民主党人最近提议将税率上调至26.5%。因此，分析师对标普500 2022年每股收益的总体预期为217.95美元，每股收益可能会降至207美元。以目前的21倍计算，假设预期市盈率保持不变，该指数可能会因公司税上调而下跌5%。</blockquote></p><p> There’s a good chance it won’t. One major reason the S&amp;P 500’s average valuation is above its prepandemic level of 19 times—it currently trades at 20.4 times 12-month forward earnings—is because the 10-year Treasury yield has fallen to 1.31% from 1.8% before the pandemic. Lower bond yields make future profits more valuable.</p><p><blockquote>很有可能不会。标普500平均估值高于疫情前19倍水平（目前12个月预期市盈率为20.4倍）的一个主要原因是10年期国债收益率已从疫情前的1.8%降至1.31%。较低的债券收益率使未来的利润更有价值。</blockquote></p><p> There’s a good chance yields are heading higher. The Federal Reserve has recently been buying tens of billions of dollars in Treasury bonds a month, driving bond prices up and yields down. But the central bank is now signaling it will wind that program down as soon as this year to zero dollars within a few quarters, which means less money into bonds, lower prices, and higher yields. (We’ll learn more Wednesday when the Fed releases its monetary policy statement.) That catalyst could drive the 10-year Treasury yield back up to 1.8% by year-end and the S&amp;P 500’s multiple down to 19 times, writes Mike Wilson, chief U.S. equity strategist at Morgan Stanley.</p><p><blockquote>收益率很有可能会走高。美联储最近一直在每月购买数百亿美元的国债，推动债券价格上涨，收益率下降。但央行现在表示，最快将于今年在几个季度内将该计划缩减至零美元，这意味着投入债券的资金减少、价格下降和收益率上升。（周三美联储发布货币政策声明时我们将了解更多信息。）Mike Wilson写道，这一催化剂可能会推动10年期国债收益率在年底前回升至1.8%，标普500的市盈率降至19倍。摩根士丹利首席美国股票策略师。</blockquote></p><p> Combine the lower valuations with the drop in earnings estimates and the S&amp;P 500 could have a lot further to fall. If the index trades at 19 times 2022 earnings of $207, the S&amp;P 500 would trade at 3914, about 10% lower than its current level. If EPS is lower than that because of supply chain problems, the market could fall even harder. Wilson’s worst-case scenario estimate for the index is 3,700 by June, a 15% drop.</p><p><blockquote>将较低的估值与盈利预期的下降结合起来，标普500可能会进一步下跌。如果该指数的交易价格是2022年市盈率207美元的19倍，标普500的交易价格将为3914美元，比当前水平低约10%。如果由于供应链问题导致每股收益低于该水平，市场可能会下跌得更厉害。威尔逊对该指数的最坏情况估计到6月份为3,700点，下降15%。</blockquote></p><p> That means there is still time for investors to play defense. Part of a potential correction would be driven by fears of slower economic growth—and that means investors should own stocks with earnings streams that are less sensitive to changes in economic demand, such as consumer staples, healthcare, utilities, real estate, and telecommunications. History bears that out—when the S&amp;P 500 drops 10%, going back to 1990, those five sectors return about 1%, on average, according to Stifel’s Bannister. “Defensives are a good place to hide if you’re in a September or October coalescing of risks,” says Bannister.</p><p><blockquote>这意味着投资者仍有时间进行防御。潜在调整的部分原因是对经济增长放缓的担忧，这意味着投资者应该持有盈利流对经济需求变化不太敏感的股票，例如必需消费品、医疗保健、公用事业、房地产和电信。历史证明了这一点——根据Stifel的Bannister的说法，从1990年开始，当标普500下跌10%时，这五个行业的平均回报率约为1%。班尼斯特表示：“如果你正处于九月或十月的风险集中时期，防御措施是一个很好的藏身之处。”</blockquote></p><p> Of course, there’s one more place investors can hide: cash. Not only does cash enable investors to load up on stocks when they dip, but if stock and Treasury prices fall, cash will hold its value save for the impact of inflation. The “least attractive asset is sometimes the best asset,” Bannister says.</p><p><blockquote>当然，投资者还有一个可以藏身的地方：现金。现金不仅使投资者能够在股票下跌时买入股票，而且如果股票和国债价格下跌，除了通货膨胀的影响外，现金将保持其价值。班尼斯特说，“最没有吸引力的资产有时是最好的资产”。</blockquote></p><p> Sometimes, it’s better to be safe than sorry.</p><p><blockquote>有时候，安全总比后悔好。</blockquote></p><p></p>","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 the Stock Market Tanked Monday—and What to Do About It<blockquote>为什么股市周一暴跌——以及该怎么办</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 the Stock Market Tanked Monday—and What to Do About It<blockquote>为什么股市周一暴跌——以及该怎么办</blockquote>\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">MarketWatch</strong><span class=\"h-time small\">2021-09-21 18:54</span>\n</p>\n</h4>\n</header>\n<article>\n<p>The stock market tanked—and a correction may be in the offing. While China Evergrande is getting all the attention, the real problem might be risks to earnings and valuations.</p><p><blockquote>股市暴跌，调整可能即将到来。尽管中国恒大受到了所有关注，但真正的问题可能是盈利和估值的风险。</blockquote></p><p> The S&amp;P 500 dropped 1.7% Monday, and the index is down 3.9% from its all-time high. That may just be the beginning, says Barry Bannister, Stifel’s chief equity strategist, who calls for the S&amp;P 500 to drop as much as 15% this year. “It’s the coalescing of multiple risks in the fourth quarter that cause us to be cautious through September and October,” Bannister says.</p><p><blockquote>标普500周一下跌1.7%，该指数较历史高点下跌3.9%。Stifel首席股票策略师Barry Bannister表示，这可能只是一个开始，他预计标普500今年将下跌15%。班尼斯特表示：“第四季度多种风险的结合导致我们在9月和10月保持谨慎。”</blockquote></p><p> While Evergrande gets the headlines, the bigger problem right now might be U.S. earnings. The companies in the S&amp;P 500 are expected to earn $217.95 in 2022, up 9.4% from 2021, but there’s plenty of downside risk.</p><p><blockquote>虽然恒大成为头条新闻，但目前更大的问题可能是美国的盈利。标普500公司预计2022年盈利217.95美元，较2021年增长9.4%，但存在很大下行风险。</blockquote></p><p> Supply-chain constraints are hampering companies’ ability to meet sales expectations, while costs continue to rise. Companies from industrial-materials maker PPG Industries (ticker: PPG) to home builder PulteGroup (PHM), have announced that sales and profits for 2021 won’t meet expectations. Investors will get a clearer picture of the supply chain issue when companies report their quarterly earnings this fall.</p><p><blockquote>供应链限制阻碍了公司满足销售预期的能力，而成本持续上升。从工业材料制造商PPG Industries（股票代码：PPG）到住宅建筑商PulteGroup(PHM)等公司都宣布2021年的销售额和利润将达不到预期。当公司今年秋季公布季度收益时，投资者将更清楚地了解供应链问题。</blockquote></p><p> “One question that’s going to start creeping in once we get to the third quarter is how much of the supply chain disruptions and inability to meet demand is going hit companies’ bottom lines,” says Yung Yu Ma, chief investment strategist at BMO Capital Markets. “That’s becoming much more acute.”</p><p><blockquote>BMO资本市场首席投资策略师Yung Yu Ma表示：“一旦进入第三季度，一个问题将开始出现，那就是供应链中断和无法满足需求将在多大程度上影响公司的利润。”。“这种情况变得更加严重。”</blockquote></p><p> The other risk to profits that markets have largely ignored is higher corporate taxes. Goldman Sachs strategists say 2022 earnings per share on the S&amp;P 500 could fall roughly 5% with a corporate tax hike to 25% from the current 21%—and House Democrats recently proposed an increase to 26.5%. With aggregate 2022 analyst estimates for S&amp;P 500 EPS at $217.95, therefore, EPS could fall to $207. At a current 21 times, the index could drop 5% on a corporate tax hike—assuming the forward earnings multiple remains the same.</p><p><blockquote>市场基本上忽视的另一个利润风险是更高的公司税。高盛策略师表示，如果公司税从目前的21%上调至25%，标普500 2022年每股收益可能会下降约5%，而众议院民主党人最近提议将税率上调至26.5%。因此，分析师对标普500 2022年每股收益的总体预期为217.95美元，每股收益可能会降至207美元。以目前的21倍计算，假设预期市盈率保持不变，该指数可能会因公司税上调而下跌5%。</blockquote></p><p> There’s a good chance it won’t. One major reason the S&amp;P 500’s average valuation is above its prepandemic level of 19 times—it currently trades at 20.4 times 12-month forward earnings—is because the 10-year Treasury yield has fallen to 1.31% from 1.8% before the pandemic. Lower bond yields make future profits more valuable.</p><p><blockquote>很有可能不会。标普500平均估值高于疫情前19倍水平（目前12个月预期市盈率为20.4倍）的一个主要原因是10年期国债收益率已从疫情前的1.8%降至1.31%。较低的债券收益率使未来的利润更有价值。</blockquote></p><p> There’s a good chance yields are heading higher. The Federal Reserve has recently been buying tens of billions of dollars in Treasury bonds a month, driving bond prices up and yields down. But the central bank is now signaling it will wind that program down as soon as this year to zero dollars within a few quarters, which means less money into bonds, lower prices, and higher yields. (We’ll learn more Wednesday when the Fed releases its monetary policy statement.) That catalyst could drive the 10-year Treasury yield back up to 1.8% by year-end and the S&amp;P 500’s multiple down to 19 times, writes Mike Wilson, chief U.S. equity strategist at Morgan Stanley.</p><p><blockquote>收益率很有可能会走高。美联储最近一直在每月购买数百亿美元的国债，推动债券价格上涨，收益率下降。但央行现在表示，最快将于今年在几个季度内将该计划缩减至零美元，这意味着投入债券的资金减少、价格下降和收益率上升。（周三美联储发布货币政策声明时我们将了解更多信息。）Mike Wilson写道，这一催化剂可能会推动10年期国债收益率在年底前回升至1.8%，标普500的市盈率降至19倍。摩根士丹利首席美国股票策略师。</blockquote></p><p> Combine the lower valuations with the drop in earnings estimates and the S&amp;P 500 could have a lot further to fall. If the index trades at 19 times 2022 earnings of $207, the S&amp;P 500 would trade at 3914, about 10% lower than its current level. If EPS is lower than that because of supply chain problems, the market could fall even harder. Wilson’s worst-case scenario estimate for the index is 3,700 by June, a 15% drop.</p><p><blockquote>将较低的估值与盈利预期的下降结合起来，标普500可能会进一步下跌。如果该指数的交易价格是2022年市盈率207美元的19倍，标普500的交易价格将为3914美元，比当前水平低约10%。如果由于供应链问题导致每股收益低于该水平，市场可能会下跌得更厉害。威尔逊对该指数的最坏情况估计到6月份为3,700点，下降15%。</blockquote></p><p> That means there is still time for investors to play defense. Part of a potential correction would be driven by fears of slower economic growth—and that means investors should own stocks with earnings streams that are less sensitive to changes in economic demand, such as consumer staples, healthcare, utilities, real estate, and telecommunications. History bears that out—when the S&amp;P 500 drops 10%, going back to 1990, those five sectors return about 1%, on average, according to Stifel’s Bannister. “Defensives are a good place to hide if you’re in a September or October coalescing of risks,” says Bannister.</p><p><blockquote>这意味着投资者仍有时间进行防御。潜在调整的部分原因是对经济增长放缓的担忧，这意味着投资者应该持有盈利流对经济需求变化不太敏感的股票，例如必需消费品、医疗保健、公用事业、房地产和电信。历史证明了这一点——根据Stifel的Bannister的说法，从1990年开始，当标普500下跌10%时，这五个行业的平均回报率约为1%。班尼斯特表示：“如果你正处于九月或十月的风险集中时期，防御措施是一个很好的藏身之处。”</blockquote></p><p> Of course, there’s one more place investors can hide: cash. Not only does cash enable investors to load up on stocks when they dip, but if stock and Treasury prices fall, cash will hold its value save for the impact of inflation. The “least attractive asset is sometimes the best asset,” Bannister says.</p><p><blockquote>当然，投资者还有一个可以藏身的地方：现金。现金不仅使投资者能够在股票下跌时买入股票，而且如果股票和国债价格下跌，除了通货膨胀的影响外，现金将保持其价值。班尼斯特说，“最没有吸引力的资产有时是最好的资产”。</blockquote></p><p> Sometimes, it’s better to be safe than sorry.</p><p><blockquote>有时候，安全总比后悔好。</blockquote></p><p></p>\n<div class=\"bt-text\">\n\n\n<p> 来源：<a href=\"https://www.marketwatch.com/articles/stock-market-correction-china-evergrande-51632171467?mod=mw_latestnews\">MarketWatch</a></p>\n<p>为提升您的阅读体验，我们对本页面进行了排版优化</p>\n\n\n</div>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".DJI":"道琼斯",".SPX":"S&P 500 Index","SPY":"标普500ETF",".IXIC":"NASDAQ Composite"},"source_url":"https://www.marketwatch.com/articles/stock-market-correction-china-evergrande-51632171467?mod=mw_latestnews","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1173746472","content_text":"The stock market tanked—and a correction may be in the offing. While China Evergrande is getting all the attention, the real problem might be risks to earnings and valuations.\nThe S&P 500 dropped 1.7% Monday, and the index is down 3.9% from its all-time high. That may just be the beginning, says Barry Bannister, Stifel’s chief equity strategist, who calls for the S&P 500 to drop as much as 15% this year. “It’s the coalescing of multiple risks in the fourth quarter that cause us to be cautious through September and October,” Bannister says.\nWhile Evergrande gets the headlines, the bigger problem right now might be U.S. earnings. The companies in the S&P 500 are expected to earn $217.95 in 2022, up 9.4% from 2021, but there’s plenty of downside risk.\nSupply-chain constraints are hampering companies’ ability to meet sales expectations, while costs continue to rise. Companies from industrial-materials maker PPG Industries (ticker: PPG) to home builder PulteGroup (PHM), have announced that sales and profits for 2021 won’t meet expectations. Investors will get a clearer picture of the supply chain issue when companies report their quarterly earnings this fall.\n“One question that’s going to start creeping in once we get to the third quarter is how much of the supply chain disruptions and inability to meet demand is going hit companies’ bottom lines,” says Yung Yu Ma, chief investment strategist at BMO Capital Markets. “That’s becoming much more acute.”\nThe other risk to profits that markets have largely ignored is higher corporate taxes. Goldman Sachs strategists say 2022 earnings per share on the S&P 500 could fall roughly 5% with a corporate tax hike to 25% from the current 21%—and House Democrats recently proposed an increase to 26.5%. With aggregate 2022 analyst estimates for S&P 500 EPS at $217.95, therefore, EPS could fall to $207. At a current 21 times, the index could drop 5% on a corporate tax hike—assuming the forward earnings multiple remains the same.\nThere’s a good chance it won’t. One major reason the S&P 500’s average valuation is above its prepandemic level of 19 times—it currently trades at 20.4 times 12-month forward earnings—is because the 10-year Treasury yield has fallen to 1.31% from 1.8% before the pandemic. Lower bond yields make future profits more valuable.\nThere’s a good chance yields are heading higher. The Federal Reserve has recently been buying tens of billions of dollars in Treasury bonds a month, driving bond prices up and yields down. But the central bank is now signaling it will wind that program down as soon as this year to zero dollars within a few quarters, which means less money into bonds, lower prices, and higher yields. (We’ll learn more Wednesday when the Fed releases its monetary policy statement.) That catalyst could drive the 10-year Treasury yield back up to 1.8% by year-end and the S&P 500’s multiple down to 19 times, writes Mike Wilson, chief U.S. equity strategist at Morgan Stanley.\nCombine the lower valuations with the drop in earnings estimates and the S&P 500 could have a lot further to fall. If the index trades at 19 times 2022 earnings of $207, the S&P 500 would trade at 3914, about 10% lower than its current level. If EPS is lower than that because of supply chain problems, the market could fall even harder. Wilson’s worst-case scenario estimate for the index is 3,700 by June, a 15% drop.\nThat means there is still time for investors to play defense. Part of a potential correction would be driven by fears of slower economic growth—and that means investors should own stocks with earnings streams that are less sensitive to changes in economic demand, such as consumer staples, healthcare, utilities, real estate, and telecommunications. History bears that out—when the S&P 500 drops 10%, going back to 1990, those five sectors return about 1%, on average, according to Stifel’s Bannister. “Defensives are a good place to hide if you’re in a September or October coalescing of risks,” says Bannister.\nOf course, there’s one more place investors can hide: cash. Not only does cash enable investors to load up on stocks when they dip, but if stock and Treasury prices fall, cash will hold its value save for the impact of inflation. The “least attractive asset is sometimes the best asset,” Bannister says.\nSometimes, it’s better to be safe than sorry.","news_type":1,"symbols_score_info":{".DJI":0.9,"SPY":0.9,".SPX":0.9,".IXIC":0.9}},"isVote":1,"tweetType":1,"viewCount":442,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":869097231,"gmtCreate":1632225578423,"gmtModify":1632801971021,"author":{"id":"4087691982117120","authorId":"4087691982117120","name":"triu","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"4087691982117120","idStr":"4087691982117120"},"themes":[],"htmlText":"Like","listText":"Like","text":"Like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":3,"repostSize":0,"link":"https://laohu8.com/post/869097231","repostId":"1152381132","repostType":2,"repost":{"id":"1152381132","kind":"news","weMediaInfo":{"introduction":"Providing stock market headlines, business news, financials and earnings ","home_visible":1,"media_name":"Tiger Newspress","id":"1079075236","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"pubTimestamp":1632223927,"share":"https://www.laohu8.com/m/news/1152381132?lang=zh_CN&edition=full","pubTime":"2021-09-21 19:32","market":"us","language":"en","title":"Toplines Before US Market Open on Tuesday<blockquote>周二美国市场开盘前的营收</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1152381132","media":"Tiger Newspress","summary":"U.S. stock futures are up.\nOil ends days of losses.\nKey central bank meetings this week in US, Brita","content":"<p><ul>  <li>U.S. stock futures are up.</li>  <li>Oil ends days of losses.</li>  <li>Key central bank meetings this week in US, Britain, Japan.</li> </ul> (Sept 21)&nbsp;U.S. stock futures are up,&nbsp;suggesting markets are poised to rebound&nbsp;a day after concerns about China’s property sector helped fuel a global selloff in stocks and commodities.</p><p><blockquote><ul><li>美国股指期货上涨。</li><li>石油结束了连日的下跌。</li><li>本周美国、英国和日本将举行重要央行会议。</li></ul>（九月二十一日）美国。股指期货上涨，表明在对中国房地产行业的担忧引发全球股市和大宗商品抛售一天后，市场有望反弹。</blockquote></p><p> At 7:37 a.m. ET, Dow e-minis were up 259 points, or 0.77%, S&amp;P 500 e-minis gained 31.25 points, or 0.72%, and Nasdaq 100 e-minis jumped 109&nbsp;points, or 0.73%.</p><p><blockquote>截至美国东部时间上午7:37，道指e-minis上涨259点，涨幅0.77%，标普500 e-minis上涨31.25点，涨幅0.72%，纳斯达克100 e-minis上涨109点，涨幅0.73%。</blockquote></p><p> <img src=\"https://static.tigerbbs.com/7fffdf1b0c371cce64957069d1ca4fc9\" tg-width=\"1235\" tg-height=\"515\" referrerpolicy=\"no-referrer\">Vix's decline has narrowed, and VIX is currently down by 9.33%.</p><p><blockquote>VIX跌幅收窄，VIX目前下跌9.33%。</blockquote></p><p> <img src=\"https://static.tigerbbs.com/0b75218effa7b005d0ef2ecef92e270e\" tg-width=\"1110\" tg-height=\"563\" referrerpolicy=\"no-referrer\"><b>What to Watch When the Stock Market Opens Today:</b></p><p><blockquote><b>今日股市开盘看点：</b></blockquote></p><p> <ul>  <li>U.S.-listed Chinese stocks start to recover from Monday’s slump in&nbsp;premarket&nbsp;trading as the global selloff moderates. Alibaba (BABA US), Baidu (BIDU US), Nio (NIO US), Tencent Music (TME US)and Bilibili (BILI US) are among the gainers.</li>  <li><a href=\"https://laohu8.com/S/UBER\">Uber</a> Technologies&nbsp;rose 3.9% before the bell. The ride-hailing firm said it expects toreach a measure of profitability in the current quarter, months earlier than previously expected.</li>  <li>Uber’s riva&nbsp;lLyft&nbsp;added 1.9% in premarket trading.</li>  <li><a href=\"https://laohu8.com/S/USB\">U.S. Bancorp</a>&nbsp;shares edged up 0.9% after the lender said it had agreed to buy MUFG Union Bank, which operates about 300 branches mainly on the <a href=\"https://laohu8.com/S/WSTC\">West</a> Coast, for about $8 billion.</li>  <li><a href=\"https://laohu8.com/S/LEN\">Lennar</a> .&nbsp;fell more than 3% in premarket trading. The homebuilder said its third-quarter earnings were hurt by supply-chain challenges that show no sign of easing.</li>  <li><a href=\"https://laohu8.com/S/COP\">ConocoPhillips</a>&nbsp;ticked up 1% after the oil-and-gas company said it hadagreed to buy all of <a href=\"https://laohu8.com/S/RGLD\">Royal</a> Dutch Shell’s assets in the Permian Basinfor about $9.5 billion in cash. Shell investors cheered the deal: U.S.-listed shares jumped almost 5%.</li>  <li><a href=\"https://laohu8.com/S/OXY\">Occidental</a> Petroleum,&nbsp;<a href=\"https://laohu8.com/S/DVN\">Devon</a> EnergyDVN-5.40%andPhillips 66PSX-2.65%rose in premarket trading as oil prices rallied and theenergy sector looked set to rebound from a broad selloff.</li>  <li><a href=\"https://laohu8.com/S/DOW\">Dow Chemical</a> gained more than 3%. Shares of the chemicals giant have been on a downtrend since June. Chief Executive Jim Fitterling told The Wall Street Journal last month he wants to knowhow Congress plans to pay for a proposed move to zero-carbon emission electricity.</li>  <li><a href=\"https://laohu8.com/S/VRCA\">Verrica Pharmaceuticals Inc.</a> plunges 30% in&nbsp;premarket&nbsp;trading after failing to get FDA approval for VP-102 for the treatment of molluscum contagiosum</li>  <li><a href=\"https://laohu8.com/S/RWLK\">ReWalk Robotics</a> shares jump 43% in U.S.&nbsp;premarket&nbsp;trading amid a spike in volume in the stock. Being discussed on StockTwits.</li>  <li><a href=\"https://laohu8.com/S/APRE\">Aprea Therapeutics, Inc.</a> gains 21% in U.S.&nbsp;premarket&nbsp;trading after the company reported complete remission in a bladder cancer patient in Phase 1/2 clinical trial of eprenetapopt in combination with pembrolizumab.</li>  <li><a href=\"https://laohu8.com/S/SDC\">SmileDirectClub, Inc.</a> slightly higher in&nbsp;premarket&nbsp;trading after it said on Monday that it plans to enter France with an initial location in Paris.</li>  <li><a href=\"https://laohu8.com/S/KAR\">KAR Auction</a> shares fell 4.6% in post-market trading on Monday after the company withdrew is full-year financial outlook citing disruption caused by chip shortage.</li>  <li><a href=\"https://laohu8.com/S/SRAD\">Sportradar Group AG</a> shares jumped 4.5% in Monday postmarket trading, after the company said basketball legend Michael Jordan will serve as a special adviser to its board and also increase his investment in the sports betting and entertainment services provider, effective immediately.</li>  <li><a href=\"https://laohu8.com/S/OEG\">Orbital Energy Group</a> gained 6% postmarket Monday after a unit won a contract &nbsp;to construct 1,910 miles of rural broadband network in Virginia. Terms were not disclosed.</li> </ul> <b>Bitcoin</b> prices stabilized after tumbling on Monday,when investors ditched riskier and speculative assets.</p><p><blockquote><ul><li>随着全球抛售放缓，在美国上市的中国股市开始从周一盘前交易的暴跌中复苏。阿里巴巴-SW（BABA US）、百度（BIDU US）、蔚来（蔚来US）、腾讯控股音乐（TME US）和哔哩哔哩（BILI US）涨幅居前。</li><li><a href=\"https://laohu8.com/S/UBER\">优步</a>科技股盘前涨3.9%。这家网约车公司表示，预计本季度将实现一定程度的盈利，比之前的预期提前了几个月。</li><li>Uber的Riva Llyft在盘前交易中上涨1.9%。</li><li><a href=\"https://laohu8.com/S/USB\">美国合众银行</a>三菱日联联合银行(MUFG Union Bank)表示已同意收购三菱日联联合银行(MUFG Union Bank)后，该银行股价小幅上涨0.9%。该银行主要在<a href=\"https://laohu8.com/S/WSTC\">西方</a>海岸，约80亿美元。</li><li><a href=\"https://laohu8.com/S/LEN\">伦纳尔</a>.盘前交易跌超3%。该住宅建筑商表示，其第三季度收益受到供应链挑战的影响，而且没有任何缓解的迹象。</li><li><a href=\"https://laohu8.com/S/COP\">康菲</a>该石油和天然气公司表示同意收购全部<a href=\"https://laohu8.com/S/RGLD\">皇家的</a>荷兰壳牌在二叠纪盆地的资产价值约95亿美元现金。壳牌投资者对这笔交易表示欢迎：在美国上市的股票上涨了近5%。</li><li><a href=\"https://laohu8.com/S/OXY\">西方</a>石油、<a href=\"https://laohu8.com/S/DVN\">德文郡</a>随着油价上涨以及能源行业似乎将从广泛抛售中反弹，EnergyDVN-5.40%和Phillips 66PSX-2.65%在盘前交易中上涨。</li><li><a href=\"https://laohu8.com/S/DOW\">陶氏化学</a>涨幅超过3%。自6月份以来，这家化工巨头的股价一直处于下跌趋势。首席执行官吉姆·菲特林上个月告诉《华尔街日报》，他想知道国会计划如何为拟议的零碳排放电力支付费用。</li><li><a href=\"https://laohu8.com/S/VRCA\">韦里卡制药公司。</a>VP-102治疗传染性软疣未能获得FDA批准后，盘前交易暴跌30%</li><li><a href=\"https://laohu8.com/S/RWLK\">ReWalk机器人</a>由于该股成交量激增，该股在美国盘前交易中上涨43%。正在StockTwits上讨论。</li><li><a href=\"https://laohu8.com/S/APRE\">Aprea治疗公司。</a>在该公司报告eprenetapopt联合pembrolizumab的1/2期临床试验中，一名膀胱癌患者完全缓解后，美国盘前交易上涨21%。</li><li><a href=\"https://laohu8.com/S/SDC\">微笑直接俱乐部公司。</a>该公司周一表示计划进入法国，最初地点设在巴黎，盘前交易小幅走高。</li><li><a href=\"https://laohu8.com/S/KAR\">卡尔拍卖</a>周一，该公司以芯片短缺造成干扰为由撤回了全年财务展望，股价在盘后交易中下跌4.6%。</li><li><a href=\"https://laohu8.com/S/SRAD\">Sportradar集团</a>周一盘后交易中，该公司表示篮球传奇人物迈克尔·乔丹将担任董事会特别顾问，并增加对这家体育博彩和娱乐服务提供商的投资，立即生效，股价上涨4.5%。</li><li><a href=\"https://laohu8.com/S/OEG\">轨道能量群</a>周一盘后股价上涨6%，此前一家单位赢得了在弗吉尼亚州建设1,910英里农村宽带网络的合同。条款没有披露。</li></ul><b>比特币</b>价格在周一暴跌后企稳，当时投资者放弃了风险较高和投机性的资产。</blockquote></p><p></p><p> <b>In FX, </b>the Bloomberg Dollar Spot Index inched lower and the greenback fell versus most of its Group-of-10 peers as a selloff in global stocks over the past two sessions abated; the euro hovered while commodity currencies led by the Norwegian krone were the best performers amid an advance in crude oil prices. Sweden’s krona was little changed after the Riksbank steered clear of signaling any post-pandemic tightening, as it remains unconvinced that a recent surge in inflation will last. The pound bucked a three-day losing streak as global risk appetite revived, while investors look to Thursday’s Bank of England meeting for policy clues. The yen erased earlier gains as signs that risk appetite is stabilizing damped demand for haven assets. At the same time, losses were capped due to uncertainty over China’s handling of the Evergrande debt crisis.</p><p><blockquote><b>在FX中，</b>随着过去两个交易日全球股市抛售减弱，彭博美元现货指数小幅走低，美元兑大多数10国集团货币下跌；欧元徘徊不前，而以挪威克朗为首的大宗商品货币在原油价格上涨的情况下表现最佳。在瑞典央行避免发出任何大流行后紧缩的信号后，瑞典克朗几乎没有变化，因为它仍然不相信最近的通胀飙升会持续下去。随着全球风险偏好复苏，英镑扭转了连续三天的下跌，而投资者则期待周四的英国央行会议寻求政策线索。日圆抹去稍早涨幅，因有迹象显示风险偏好正在企稳，令避险资产需求受挫。与此同时，由于中国处理恒大债务危机的不确定性，损失受到限制。</blockquote></p><p> <b>In rates, </b>Treasuries were lower, although off worst levels of the day as U.S. stock futures recover around half of Monday’s losses while European equities trade with a strong bid tone. Yields are cheaper by up to 2.5bp across long-end of the curve, steepening 5s30s spread by 1.2bp;<b>10-year yields around 1.3226%,</b>cheaper by 1.5bp on the day, lagging bunds and gilts by 1bp-2bp. The long-end of the curve lags ahead of $24b 20-year bond reopening. Treasury will auction $24b 20-year bonds in first reopening at 1pm ET; WI yield ~1.82% is below auction stops since January and ~3bp richer than last month’s new-issue result</p><p><blockquote><b>在费率方面，</b>美国国债走低，尽管脱离了当天的最差水平，因为美国股指期货收复了周一跌幅的一半左右，而欧洲股市的交易基调强劲。曲线长端的收益率最多便宜2.5个基点，5s30s利差陡峭1.2个基点；<b>10年期收益率在1.3226%左右，</b>当天便宜1.5个基点，落后德国国债和英国国债1bp-2bp。曲线的长端落后于240亿美元的20年期债券重新开放。财政部将于美国东部时间下午1点首次重新开放拍卖24b美元20年期债券；WI收益率约为1.82%，低于1月份以来的拍卖止损点，比上个月的新发行结果高出约3个基点</blockquote></p><p> <b>In commodities, </b>crude futures rose, with the front month WTI up 1.5% near $71.50. Brent stalls near $75. Spot gold trades a narrow range near $1,765/oz. Base metals are mostly in the green with LME aluminum the best performer</p><p><blockquote><b>在大宗商品中，</b>原油期货上涨，近月WTI上涨1.5%，接近71.50美元。布伦特原油价格徘徊在75美元附近。现货黄金在1765美元/盎司附近窄幅交易。基本金属大多呈绿色，LME铝表现最佳</blockquote></p><p> Looking at the day ahead now, and data releases include US housing starts and building permits for August, along with the UK public finances for September. From central banks, we’ll hear from ECB Vice President de Guindos. Otherwise, the General Debate will begin at the UN General Assembly, and the OECD publishes their Interim Economic Outlook.</p><p><blockquote>展望未来，公布的数据包括美国8月份新屋开工和建筑许可，以及英国9月份公共财政。在央行方面，我们将听取欧洲央行副行长德金多斯的发言。否则，一般性辩论将在联合国大会开始，经合组织将发布他们的中期经济展望。</blockquote></p><p></p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Toplines Before US Market Open on Tuesday<blockquote>周二美国市场开盘前的营收</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; 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}\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\">\nToplines Before US Market Open on Tuesday<blockquote>周二美国市场开盘前的营收</blockquote>\n</h2>\n<h4 class=\"meta\">\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time smaller\">2021-09-21 19:32</p>\n</div>\n</a>\n</h4>\n</header>\n<article>\n<p><ul>  <li>U.S. stock futures are up.</li>  <li>Oil ends days of losses.</li>  <li>Key central bank meetings this week in US, Britain, Japan.</li> </ul> (Sept 21)&nbsp;U.S. stock futures are up,&nbsp;suggesting markets are poised to rebound&nbsp;a day after concerns about China’s property sector helped fuel a global selloff in stocks and commodities.</p><p><blockquote><ul><li>美国股指期货上涨。</li><li>石油结束了连日的下跌。</li><li>本周美国、英国和日本将举行重要央行会议。</li></ul>（九月二十一日）美国。股指期货上涨，表明在对中国房地产行业的担忧引发全球股市和大宗商品抛售一天后，市场有望反弹。</blockquote></p><p> At 7:37 a.m. ET, Dow e-minis were up 259 points, or 0.77%, S&amp;P 500 e-minis gained 31.25 points, or 0.72%, and Nasdaq 100 e-minis jumped 109&nbsp;points, or 0.73%.</p><p><blockquote>截至美国东部时间上午7:37，道指e-minis上涨259点，涨幅0.77%，标普500 e-minis上涨31.25点，涨幅0.72%，纳斯达克100 e-minis上涨109点，涨幅0.73%。</blockquote></p><p> <img src=\"https://static.tigerbbs.com/7fffdf1b0c371cce64957069d1ca4fc9\" tg-width=\"1235\" tg-height=\"515\" referrerpolicy=\"no-referrer\">Vix's decline has narrowed, and VIX is currently down by 9.33%.</p><p><blockquote>VIX跌幅收窄，VIX目前下跌9.33%。</blockquote></p><p> <img src=\"https://static.tigerbbs.com/0b75218effa7b005d0ef2ecef92e270e\" tg-width=\"1110\" tg-height=\"563\" referrerpolicy=\"no-referrer\"><b>What to Watch When the Stock Market Opens Today:</b></p><p><blockquote><b>今日股市开盘看点：</b></blockquote></p><p> <ul>  <li>U.S.-listed Chinese stocks start to recover from Monday’s slump in&nbsp;premarket&nbsp;trading as the global selloff moderates. Alibaba (BABA US), Baidu (BIDU US), Nio (NIO US), Tencent Music (TME US)and Bilibili (BILI US) are among the gainers.</li>  <li><a href=\"https://laohu8.com/S/UBER\">Uber</a> Technologies&nbsp;rose 3.9% before the bell. The ride-hailing firm said it expects toreach a measure of profitability in the current quarter, months earlier than previously expected.</li>  <li>Uber’s riva&nbsp;lLyft&nbsp;added 1.9% in premarket trading.</li>  <li><a href=\"https://laohu8.com/S/USB\">U.S. Bancorp</a>&nbsp;shares edged up 0.9% after the lender said it had agreed to buy MUFG Union Bank, which operates about 300 branches mainly on the <a href=\"https://laohu8.com/S/WSTC\">West</a> Coast, for about $8 billion.</li>  <li><a href=\"https://laohu8.com/S/LEN\">Lennar</a> .&nbsp;fell more than 3% in premarket trading. The homebuilder said its third-quarter earnings were hurt by supply-chain challenges that show no sign of easing.</li>  <li><a href=\"https://laohu8.com/S/COP\">ConocoPhillips</a>&nbsp;ticked up 1% after the oil-and-gas company said it hadagreed to buy all of <a href=\"https://laohu8.com/S/RGLD\">Royal</a> Dutch Shell’s assets in the Permian Basinfor about $9.5 billion in cash. Shell investors cheered the deal: U.S.-listed shares jumped almost 5%.</li>  <li><a href=\"https://laohu8.com/S/OXY\">Occidental</a> Petroleum,&nbsp;<a href=\"https://laohu8.com/S/DVN\">Devon</a> EnergyDVN-5.40%andPhillips 66PSX-2.65%rose in premarket trading as oil prices rallied and theenergy sector looked set to rebound from a broad selloff.</li>  <li><a href=\"https://laohu8.com/S/DOW\">Dow Chemical</a> gained more than 3%. Shares of the chemicals giant have been on a downtrend since June. Chief Executive Jim Fitterling told The Wall Street Journal last month he wants to knowhow Congress plans to pay for a proposed move to zero-carbon emission electricity.</li>  <li><a href=\"https://laohu8.com/S/VRCA\">Verrica Pharmaceuticals Inc.</a> plunges 30% in&nbsp;premarket&nbsp;trading after failing to get FDA approval for VP-102 for the treatment of molluscum contagiosum</li>  <li><a href=\"https://laohu8.com/S/RWLK\">ReWalk Robotics</a> shares jump 43% in U.S.&nbsp;premarket&nbsp;trading amid a spike in volume in the stock. Being discussed on StockTwits.</li>  <li><a href=\"https://laohu8.com/S/APRE\">Aprea Therapeutics, Inc.</a> gains 21% in U.S.&nbsp;premarket&nbsp;trading after the company reported complete remission in a bladder cancer patient in Phase 1/2 clinical trial of eprenetapopt in combination with pembrolizumab.</li>  <li><a href=\"https://laohu8.com/S/SDC\">SmileDirectClub, Inc.</a> slightly higher in&nbsp;premarket&nbsp;trading after it said on Monday that it plans to enter France with an initial location in Paris.</li>  <li><a href=\"https://laohu8.com/S/KAR\">KAR Auction</a> shares fell 4.6% in post-market trading on Monday after the company withdrew is full-year financial outlook citing disruption caused by chip shortage.</li>  <li><a href=\"https://laohu8.com/S/SRAD\">Sportradar Group AG</a> shares jumped 4.5% in Monday postmarket trading, after the company said basketball legend Michael Jordan will serve as a special adviser to its board and also increase his investment in the sports betting and entertainment services provider, effective immediately.</li>  <li><a href=\"https://laohu8.com/S/OEG\">Orbital Energy Group</a> gained 6% postmarket Monday after a unit won a contract &nbsp;to construct 1,910 miles of rural broadband network in Virginia. Terms were not disclosed.</li> </ul> <b>Bitcoin</b> prices stabilized after tumbling on Monday,when investors ditched riskier and speculative assets.</p><p><blockquote><ul><li>随着全球抛售放缓，在美国上市的中国股市开始从周一盘前交易的暴跌中复苏。阿里巴巴-SW（BABA US）、百度（BIDU US）、蔚来（蔚来US）、腾讯控股音乐（TME US）和哔哩哔哩（BILI US）涨幅居前。</li><li><a href=\"https://laohu8.com/S/UBER\">优步</a>科技股盘前涨3.9%。这家网约车公司表示，预计本季度将实现一定程度的盈利，比之前的预期提前了几个月。</li><li>Uber的Riva Llyft在盘前交易中上涨1.9%。</li><li><a href=\"https://laohu8.com/S/USB\">美国合众银行</a>三菱日联联合银行(MUFG Union Bank)表示已同意收购三菱日联联合银行(MUFG Union Bank)后，该银行股价小幅上涨0.9%。该银行主要在<a href=\"https://laohu8.com/S/WSTC\">西方</a>海岸，约80亿美元。</li><li><a href=\"https://laohu8.com/S/LEN\">伦纳尔</a>.盘前交易跌超3%。该住宅建筑商表示，其第三季度收益受到供应链挑战的影响，而且没有任何缓解的迹象。</li><li><a href=\"https://laohu8.com/S/COP\">康菲</a>该石油和天然气公司表示同意收购全部<a href=\"https://laohu8.com/S/RGLD\">皇家的</a>荷兰壳牌在二叠纪盆地的资产价值约95亿美元现金。壳牌投资者对这笔交易表示欢迎：在美国上市的股票上涨了近5%。</li><li><a href=\"https://laohu8.com/S/OXY\">西方</a>石油、<a href=\"https://laohu8.com/S/DVN\">德文郡</a>随着油价上涨以及能源行业似乎将从广泛抛售中反弹，EnergyDVN-5.40%和Phillips 66PSX-2.65%在盘前交易中上涨。</li><li><a href=\"https://laohu8.com/S/DOW\">陶氏化学</a>涨幅超过3%。自6月份以来，这家化工巨头的股价一直处于下跌趋势。首席执行官吉姆·菲特林上个月告诉《华尔街日报》，他想知道国会计划如何为拟议的零碳排放电力支付费用。</li><li><a href=\"https://laohu8.com/S/VRCA\">韦里卡制药公司。</a>VP-102治疗传染性软疣未能获得FDA批准后，盘前交易暴跌30%</li><li><a href=\"https://laohu8.com/S/RWLK\">ReWalk机器人</a>由于该股成交量激增，该股在美国盘前交易中上涨43%。正在StockTwits上讨论。</li><li><a href=\"https://laohu8.com/S/APRE\">Aprea治疗公司。</a>在该公司报告eprenetapopt联合pembrolizumab的1/2期临床试验中，一名膀胱癌患者完全缓解后，美国盘前交易上涨21%。</li><li><a href=\"https://laohu8.com/S/SDC\">微笑直接俱乐部公司。</a>该公司周一表示计划进入法国，最初地点设在巴黎，盘前交易小幅走高。</li><li><a href=\"https://laohu8.com/S/KAR\">卡尔拍卖</a>周一，该公司以芯片短缺造成干扰为由撤回了全年财务展望，股价在盘后交易中下跌4.6%。</li><li><a href=\"https://laohu8.com/S/SRAD\">Sportradar集团</a>周一盘后交易中，该公司表示篮球传奇人物迈克尔·乔丹将担任董事会特别顾问，并增加对这家体育博彩和娱乐服务提供商的投资，立即生效，股价上涨4.5%。</li><li><a href=\"https://laohu8.com/S/OEG\">轨道能量群</a>周一盘后股价上涨6%，此前一家单位赢得了在弗吉尼亚州建设1,910英里农村宽带网络的合同。条款没有披露。</li></ul><b>比特币</b>价格在周一暴跌后企稳，当时投资者放弃了风险较高和投机性的资产。</blockquote></p><p></p><p> <b>In FX, </b>the Bloomberg Dollar Spot Index inched lower and the greenback fell versus most of its Group-of-10 peers as a selloff in global stocks over the past two sessions abated; the euro hovered while commodity currencies led by the Norwegian krone were the best performers amid an advance in crude oil prices. Sweden’s krona was little changed after the Riksbank steered clear of signaling any post-pandemic tightening, as it remains unconvinced that a recent surge in inflation will last. The pound bucked a three-day losing streak as global risk appetite revived, while investors look to Thursday’s Bank of England meeting for policy clues. The yen erased earlier gains as signs that risk appetite is stabilizing damped demand for haven assets. At the same time, losses were capped due to uncertainty over China’s handling of the Evergrande debt crisis.</p><p><blockquote><b>在FX中，</b>随着过去两个交易日全球股市抛售减弱，彭博美元现货指数小幅走低，美元兑大多数10国集团货币下跌；欧元徘徊不前，而以挪威克朗为首的大宗商品货币在原油价格上涨的情况下表现最佳。在瑞典央行避免发出任何大流行后紧缩的信号后，瑞典克朗几乎没有变化，因为它仍然不相信最近的通胀飙升会持续下去。随着全球风险偏好复苏，英镑扭转了连续三天的下跌，而投资者则期待周四的英国央行会议寻求政策线索。日圆抹去稍早涨幅，因有迹象显示风险偏好正在企稳，令避险资产需求受挫。与此同时，由于中国处理恒大债务危机的不确定性，损失受到限制。</blockquote></p><p> <b>In rates, </b>Treasuries were lower, although off worst levels of the day as U.S. stock futures recover around half of Monday’s losses while European equities trade with a strong bid tone. Yields are cheaper by up to 2.5bp across long-end of the curve, steepening 5s30s spread by 1.2bp;<b>10-year yields around 1.3226%,</b>cheaper by 1.5bp on the day, lagging bunds and gilts by 1bp-2bp. The long-end of the curve lags ahead of $24b 20-year bond reopening. Treasury will auction $24b 20-year bonds in first reopening at 1pm ET; WI yield ~1.82% is below auction stops since January and ~3bp richer than last month’s new-issue result</p><p><blockquote><b>在费率方面，</b>美国国债走低，尽管脱离了当天的最差水平，因为美国股指期货收复了周一跌幅的一半左右，而欧洲股市的交易基调强劲。曲线长端的收益率最多便宜2.5个基点，5s30s利差陡峭1.2个基点；<b>10年期收益率在1.3226%左右，</b>当天便宜1.5个基点，落后德国国债和英国国债1bp-2bp。曲线的长端落后于240亿美元的20年期债券重新开放。财政部将于美国东部时间下午1点首次重新开放拍卖24b美元20年期债券；WI收益率约为1.82%，低于1月份以来的拍卖止损点，比上个月的新发行结果高出约3个基点</blockquote></p><p> <b>In commodities, </b>crude futures rose, with the front month WTI up 1.5% near $71.50. Brent stalls near $75. Spot gold trades a narrow range near $1,765/oz. Base metals are mostly in the green with LME aluminum the best performer</p><p><blockquote><b>在大宗商品中，</b>原油期货上涨，近月WTI上涨1.5%，接近71.50美元。布伦特原油价格徘徊在75美元附近。现货黄金在1765美元/盎司附近窄幅交易。基本金属大多呈绿色，LME铝表现最佳</blockquote></p><p> Looking at the day ahead now, and data releases include US housing starts and building permits for August, along with the UK public finances for September. From central banks, we’ll hear from ECB Vice President de Guindos. Otherwise, the General Debate will begin at the UN General Assembly, and the OECD publishes their Interim Economic Outlook.</p><p><blockquote>展望未来，公布的数据包括美国8月份新屋开工和建筑许可，以及英国9月份公共财政。在央行方面，我们将听取欧洲央行副行长德金多斯的发言。否则，一般性辩论将在联合国大会开始，经合组织将发布他们的中期经济展望。</blockquote></p><p></p>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".SPX":"S&P 500 Index",".DJI":"道琼斯","USB":"美国合众银行",".IXIC":"NASDAQ Composite","SPY":"标普500ETF"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1152381132","content_text":"U.S. stock futures are up.\nOil ends days of losses.\nKey central bank meetings this week in US, Britain, Japan.\n\n(Sept 21) U.S. stock futures are up, suggesting markets are poised to rebound a day after concerns about China’s property sector helped fuel a global selloff in stocks and commodities.\nAt 7:37 a.m. ET, Dow e-minis were up 259 points, or 0.77%, S&P 500 e-minis gained 31.25 points, or 0.72%, and Nasdaq 100 e-minis jumped 109 points, or 0.73%.\nVix's decline has narrowed, and VIX is currently down by 9.33%.\nWhat to Watch When the Stock Market Opens Today:\n\nU.S.-listed Chinese stocks start to recover from Monday’s slump in premarket trading as the global selloff moderates. Alibaba (BABA US), Baidu (BIDU US), Nio (NIO US), Tencent Music (TME US)and Bilibili (BILI US) are among the gainers.\nUber Technologies rose 3.9% before the bell. The ride-hailing firm said it expects toreach a measure of profitability in the current quarter, months earlier than previously expected.\nUber’s riva lLyft added 1.9% in premarket trading.\nU.S. Bancorp shares edged up 0.9% after the lender said it had agreed to buy MUFG Union Bank, which operates about 300 branches mainly on the West Coast, for about $8 billion.\nLennar . fell more than 3% in premarket trading. The homebuilder said its third-quarter earnings were hurt by supply-chain challenges that show no sign of easing.\nConocoPhillips ticked up 1% after the oil-and-gas company said it hadagreed to buy all of Royal Dutch Shell’s assets in the Permian Basinfor about $9.5 billion in cash. Shell investors cheered the deal: U.S.-listed shares jumped almost 5%.\nOccidental Petroleum, Devon EnergyDVN-5.40%andPhillips 66PSX-2.65%rose in premarket trading as oil prices rallied and theenergy sector looked set to rebound from a broad selloff.\nDow Chemical gained more than 3%. Shares of the chemicals giant have been on a downtrend since June. Chief Executive Jim Fitterling told The Wall Street Journal last month he wants to knowhow Congress plans to pay for a proposed move to zero-carbon emission electricity.\nVerrica Pharmaceuticals Inc. plunges 30% in premarket trading after failing to get FDA approval for VP-102 for the treatment of molluscum contagiosum\nReWalk Robotics shares jump 43% in U.S. premarket trading amid a spike in volume in the stock. Being discussed on StockTwits.\nAprea Therapeutics, Inc. gains 21% in U.S. premarket trading after the company reported complete remission in a bladder cancer patient in Phase 1/2 clinical trial of eprenetapopt in combination with pembrolizumab.\nSmileDirectClub, Inc. slightly higher in premarket trading after it said on Monday that it plans to enter France with an initial location in Paris.\nKAR Auction shares fell 4.6% in post-market trading on Monday after the company withdrew is full-year financial outlook citing disruption caused by chip shortage.\nSportradar Group AG shares jumped 4.5% in Monday postmarket trading, after the company said basketball legend Michael Jordan will serve as a special adviser to its board and also increase his investment in the sports betting and entertainment services provider, effective immediately.\nOrbital Energy Group gained 6% postmarket Monday after a unit won a contract  to construct 1,910 miles of rural broadband network in Virginia. Terms were not disclosed.\n\nBitcoin prices stabilized after tumbling on Monday,when investors ditched riskier and speculative assets.\nIn FX, the Bloomberg Dollar Spot Index inched lower and the greenback fell versus most of its Group-of-10 peers as a selloff in global stocks over the past two sessions abated; the euro hovered while commodity currencies led by the Norwegian krone were the best performers amid an advance in crude oil prices. Sweden’s krona was little changed after the Riksbank steered clear of signaling any post-pandemic tightening, as it remains unconvinced that a recent surge in inflation will last. The pound bucked a three-day losing streak as global risk appetite revived, while investors look to Thursday’s Bank of England meeting for policy clues. The yen erased earlier gains as signs that risk appetite is stabilizing damped demand for haven assets. At the same time, losses were capped due to uncertainty over China’s handling of the Evergrande debt crisis.\nIn rates, Treasuries were lower, although off worst levels of the day as U.S. stock futures recover around half of Monday’s losses while European equities trade with a strong bid tone. Yields are cheaper by up to 2.5bp across long-end of the curve, steepening 5s30s spread by 1.2bp;10-year yields around 1.3226%,cheaper by 1.5bp on the day, lagging bunds and gilts by 1bp-2bp. The long-end of the curve lags ahead of $24b 20-year bond reopening. Treasury will auction $24b 20-year bonds in first reopening at 1pm ET; WI yield ~1.82% is below auction stops since January and ~3bp richer than last month’s new-issue result\nIn commodities, crude futures rose, with the front month WTI up 1.5% near $71.50. Brent stalls near $75. Spot gold trades a narrow range near $1,765/oz. Base metals are mostly in the green with LME aluminum the best performer\nLooking at the day ahead now, and data releases include US housing starts and building permits for August, along with the UK public finances for September. From central banks, we’ll hear from ECB Vice President de Guindos. Otherwise, the General Debate will begin at the UN General Assembly, and the OECD publishes their Interim Economic Outlook.","news_type":1,"symbols_score_info":{"SPY":0.9,".SPX":0.9,".DJI":0.9,".IXIC":0.9,"USB":0.9}},"isVote":1,"tweetType":1,"viewCount":625,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":887927032,"gmtCreate":1631962191026,"gmtModify":1632805066239,"author":{"id":"4087691982117120","authorId":"4087691982117120","name":"triu","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"4087691982117120","idStr":"4087691982117120"},"themes":[],"htmlText":"Like","listText":"Like","text":"Like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/887927032","repostId":"2168553579","repostType":2,"isVote":1,"tweetType":1,"viewCount":529,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":884129490,"gmtCreate":1631869283910,"gmtModify":1631892034843,"author":{"id":"4087691982117120","authorId":"4087691982117120","name":"triu","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"4087691982117120","idStr":"4087691982117120"},"themes":[],"htmlText":"Like&nbsp;","listText":"Like&nbsp;","text":"Like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/884129490","repostId":"1189230305","repostType":2,"isVote":1,"tweetType":1,"viewCount":455,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":885173505,"gmtCreate":1631771070407,"gmtModify":1631892034846,"author":{"id":"4087691982117120","authorId":"4087691982117120","name":"triu","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"4087691982117120","idStr":"4087691982117120"},"themes":[],"htmlText":"Like&nbsp;","listText":"Like&nbsp;","text":"Like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/885173505","repostId":"1121760493","repostType":2,"repost":{"id":"1121760493","kind":"news","pubTimestamp":1631762517,"share":"https://www.laohu8.com/m/news/1121760493?lang=zh_CN&edition=full","pubTime":"2021-09-16 11:21","market":"us","language":"en","title":"Ray Dalio: Cash Is Trash, But Don't Over do It on Stocks<blockquote>雷·达里奥：现金是垃圾，但不要过度投资股票</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1121760493","media":"Thestreet","summary":"Rising inflation and low interest rates are creating risks for investors, but cash isn’t the answer,","content":"<p>Rising inflation and low interest rates are creating risks for investors, but cash isn’t the answer, says Ray Dalio, founder of Bridgewater Associates, the world’s biggest hedge fund firm.</p><p><blockquote>全球最大对冲基金公司桥水基金创始人雷·达里奥表示，通胀上升和低利率给投资者带来了风险，但现金并不是解决问题的办法。</blockquote></p><p> “Know cash is trash. Don’t keep it in cash,” he told CNBC. “The most important thing that an individual investor can do is know how to diversify well.”</p><p><blockquote>“知道现金是垃圾。不要用现金保存，”他告诉CNBC。“个人投资者能做的最重要的事情就是知道如何很好地分散投资。”</blockquote></p><p> And how should we diversify?</p><p><blockquote>我们应该如何多元化？</blockquote></p><p> “Diversify across countries, currencies, assets classes and so on, so you have that balance,” Dalio said. “You can take your tactical moves from there. All those assets classes will outperform cash.”</p><p><blockquote>达里奥说：“在国家、货币、资产类别等方面进行多元化投资，这样你就能达到平衡。”“你可以从那里采取战术行动。所有这些资产类别的表现都将优于现金。”</blockquote></p><p> Investors are over-emphasizing stocks, he said.</p><p><blockquote>他说，投资者过分强调股票。</blockquote></p><p> “I think the stock market is relatively attractive in relationship to the alternatives,” Dalio said. “But that dynamic is going to start to change as monetary policy gets tighter.”</p><p><blockquote>“我认为相对于其他选择，股市相对具有吸引力，”达里奥说。“但随着货币政策收紧，这种动态将开始改变。”</blockquote></p><p> More restrictive Fed policy often hurts stocks.</p><p><blockquote>美联储更严格的政策往往会损害股市。</blockquote></p><p> Meanwhile, Dalio said that if Bitcoin achieves widespread acceptance, regulators will step in to control it.</p><p><blockquote>与此同时，达里奥表示，如果比特币获得广泛接受，监管机构将介入控制它。</blockquote></p><p> “At the end of the day, if it’s really successful, they will kill it, … because they have ways of killing it,” he said.</p><p><blockquote>“最终，如果它真的成功了，他们会杀死它，……因为他们有办法杀死它，”他说。</blockquote></p><p> Given Bitcoin’s lack of intrinsic worth, it’s hard to know what the cryptocurrency’s ultimate fate will be, Dalio said.</p><p><blockquote>达里奥表示，鉴于比特币缺乏内在价值，很难知道加密货币的最终命运会是什么。</blockquote></p><p> “There are so many things in a historical perspective that didn’t have intrinsic value and had perceived value,” he said. “They went hot, and they became cold. [Bitcoin] could be either way.”</p><p><blockquote>“从历史的角度来看，有很多东西没有内在价值，而是有感知价值，”他说。“它们变热了，然后变冷了。[比特币]可能是两种情况。”</blockquote></p><p> Bitcoin has enjoyed a rollercoaster ride since its inception in 2009. It recently traded at $48,040, up 3%. But it has dropped 9% in the last 10 days.</p><p><blockquote>自2009年成立以来，比特币经历了一次过山车之旅。近期交易价格为48,040美元，上涨3%。但过去10天下跌了9%。</blockquote></p><p></p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Ray Dalio: Cash Is Trash, But Don't Over do It on Stocks<blockquote>雷·达里奥：现金是垃圾，但不要过度投资股票</blockquote></title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 12.5px; color: #7E829C; margin: 0;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nRay Dalio: Cash Is Trash, But Don't Over do It on Stocks<blockquote>雷·达里奥：现金是垃圾，但不要过度投资股票</blockquote>\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">Thestreet</strong><span class=\"h-time small\">2021-09-16 11:21</span>\n</p>\n</h4>\n</header>\n<article>\n<p>Rising inflation and low interest rates are creating risks for investors, but cash isn’t the answer, says Ray Dalio, founder of Bridgewater Associates, the world’s biggest hedge fund firm.</p><p><blockquote>全球最大对冲基金公司桥水基金创始人雷·达里奥表示，通胀上升和低利率给投资者带来了风险，但现金并不是解决问题的办法。</blockquote></p><p> “Know cash is trash. Don’t keep it in cash,” he told CNBC. “The most important thing that an individual investor can do is know how to diversify well.”</p><p><blockquote>“知道现金是垃圾。不要用现金保存，”他告诉CNBC。“个人投资者能做的最重要的事情就是知道如何很好地分散投资。”</blockquote></p><p> And how should we diversify?</p><p><blockquote>我们应该如何多元化？</blockquote></p><p> “Diversify across countries, currencies, assets classes and so on, so you have that balance,” Dalio said. “You can take your tactical moves from there. All those assets classes will outperform cash.”</p><p><blockquote>达里奥说：“在国家、货币、资产类别等方面进行多元化投资，这样你就能达到平衡。”“你可以从那里采取战术行动。所有这些资产类别的表现都将优于现金。”</blockquote></p><p> Investors are over-emphasizing stocks, he said.</p><p><blockquote>他说，投资者过分强调股票。</blockquote></p><p> “I think the stock market is relatively attractive in relationship to the alternatives,” Dalio said. “But that dynamic is going to start to change as monetary policy gets tighter.”</p><p><blockquote>“我认为相对于其他选择，股市相对具有吸引力，”达里奥说。“但随着货币政策收紧，这种动态将开始改变。”</blockquote></p><p> More restrictive Fed policy often hurts stocks.</p><p><blockquote>美联储更严格的政策往往会损害股市。</blockquote></p><p> Meanwhile, Dalio said that if Bitcoin achieves widespread acceptance, regulators will step in to control it.</p><p><blockquote>与此同时，达里奥表示，如果比特币获得广泛接受，监管机构将介入控制它。</blockquote></p><p> “At the end of the day, if it’s really successful, they will kill it, … because they have ways of killing it,” he said.</p><p><blockquote>“最终，如果它真的成功了，他们会杀死它，……因为他们有办法杀死它，”他说。</blockquote></p><p> Given Bitcoin’s lack of intrinsic worth, it’s hard to know what the cryptocurrency’s ultimate fate will be, Dalio said.</p><p><blockquote>达里奥表示，鉴于比特币缺乏内在价值，很难知道加密货币的最终命运会是什么。</blockquote></p><p> “There are so many things in a historical perspective that didn’t have intrinsic value and had perceived value,” he said. “They went hot, and they became cold. [Bitcoin] could be either way.”</p><p><blockquote>“从历史的角度来看，有很多东西没有内在价值，而是有感知价值，”他说。“它们变热了，然后变冷了。[比特币]可能是两种情况。”</blockquote></p><p> Bitcoin has enjoyed a rollercoaster ride since its inception in 2009. It recently traded at $48,040, up 3%. But it has dropped 9% in the last 10 days.</p><p><blockquote>自2009年成立以来，比特币经历了一次过山车之旅。近期交易价格为48,040美元，上涨3%。但过去10天下跌了9%。</blockquote></p><p></p>\n<div class=\"bt-text\">\n\n\n<p> 来源：<a href=\"https://www.thestreet.com/investing/dalio-cash-stocks-bitcoin\">Thestreet</a></p>\n<p>为提升您的阅读体验，我们对本页面进行了排版优化</p>\n\n\n</div>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".SPX":"S&P 500 Index",".DJI":"道琼斯",".IXIC":"NASDAQ Composite"},"source_url":"https://www.thestreet.com/investing/dalio-cash-stocks-bitcoin","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1121760493","content_text":"Rising inflation and low interest rates are creating risks for investors, but cash isn’t the answer, says Ray Dalio, founder of Bridgewater Associates, the world’s biggest hedge fund firm.\n“Know cash is trash. Don’t keep it in cash,” he told CNBC. “The most important thing that an individual investor can do is know how to diversify well.”\nAnd how should we diversify?\n“Diversify across countries, currencies, assets classes and so on, so you have that balance,” Dalio said. “You can take your tactical moves from there. All those assets classes will outperform cash.”\nInvestors are over-emphasizing stocks, he said.\n“I think the stock market is relatively attractive in relationship to the alternatives,” Dalio said. “But that dynamic is going to start to change as monetary policy gets tighter.”\nMore restrictive Fed policy often hurts stocks.\nMeanwhile, Dalio said that if Bitcoin achieves widespread acceptance, regulators will step in to control it.\n“At the end of the day, if it’s really successful, they will kill it, … because they have ways of killing it,” he said.\nGiven Bitcoin’s lack of intrinsic worth, it’s hard to know what the cryptocurrency’s ultimate fate will be, Dalio said.\n“There are so many things in a historical perspective that didn’t have intrinsic value and had perceived value,” he said. “They went hot, and they became cold. [Bitcoin] could be either way.”\nBitcoin has enjoyed a rollercoaster ride since its inception in 2009. It recently traded at $48,040, up 3%. But it has dropped 9% in the last 10 days.","news_type":1,"symbols_score_info":{".SPX":0.9,".IXIC":0.9,".DJI":0.9}},"isVote":1,"tweetType":1,"viewCount":396,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":882250593,"gmtCreate":1631698649912,"gmtModify":1631892034849,"author":{"id":"4087691982117120","authorId":"4087691982117120","name":"triu","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"4087691982117120","idStr":"4087691982117120"},"themes":[],"htmlText":"Like","listText":"Like","text":"Like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/882250593","repostId":"1184278723","repostType":2,"repost":{"id":"1184278723","kind":"news","pubTimestamp":1631661531,"share":"https://www.laohu8.com/m/news/1184278723?lang=zh_CN&edition=full","pubTime":"2021-09-15 07:18","market":"us","language":"en","title":"Democrats' tax plan would cut bills for most Americans -congressional estimate<blockquote>国会估计，民主党的税收计划将削减大多数美国人的账单</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1184278723","media":"Reuters","summary":"WASHINGTON (Reuters) -U.S. tax code changes sought by Democrats in the House of Representatives to h","content":"<p>WASHINGTON (Reuters) -U.S. tax code changes sought by Democrats in the House of Representatives to help fund $3.5 trillion in domestic investments would cut annual tax bills for Americans earning less than $200,000 a year through 2025, a congressional estimate showed on Tuesday.</p><p><blockquote>华盛顿（路透社）-美国。国会周二的一项估计显示，众议院民主党人寻求修改税法，以帮助为3.5万亿美元的国内投资提供资金，这将在2025年前削减年收入低于20万美元的美国人的年度税单。</blockquote></p><p> The bipartisan Joint Committee on Taxation estimated that expanded tax credits for children and earned income would mean people in lower-income brackets would pay far less in taxes in 2023 under the Democratic plan, which is being debated this week in the tax-writing House Ways and Means Committee.</p><p><blockquote>两党联合税收委员会估计，根据民主党计划，扩大对儿童和劳动收入的税收抵免将意味着低收入阶层的人在2023年缴纳的税款将大大减少，该计划本周正在制定税收计划的众议院筹款委员会进行辩论。</blockquote></p><p> At the other end of the income scale, tax collections from those earning over $200,000 would rise slightly in 2023, escalating to a 10.6% increase for people earning $1 million and more, the committee said.</p><p><blockquote>该委员会表示，在收入规模的另一端，收入超过20万美元的人的税收将在2023年略有增加，收入100万美元及以上的人的税收增幅将升至10.6%。</blockquote></p><p> By 2027, after an expanded Child Tax Credit expires, those earning between $30,000 and $200,000 would start to see slightly higher tax bills, according to the estimate.</p><p><blockquote>据估计，到2027年，扩大的儿童税收抵免到期后，收入在3万美元至20万美元之间的人将开始看到略高的税单。</blockquote></p><p> REVENUE GAINS, LOSSES</p><p><blockquote>收入收益、损失</blockquote></p><p> The joint committee, which estimates tax revenue and credit provisions of legislation, estimated that tax increase proposals now under debate in the House Ways and Means Committee would directly raise some $2.07 trillion over 10 years.</p><p><blockquote>估计税收和立法信贷条款的联合委员会估计，众议院筹款委员会目前正在辩论的增税提案将在10年内直接筹集约2.07万亿美元。</blockquote></p><p> The plan would raise the top individual income tax rate to its pre-2017 level of 39.6%, from 37% currently, on taxable income above $400,000 with a 3% surcharge on income above $5 million.</p><p><blockquote>该计划将把应税收入超过40万美元的最高个人所得税税率从目前的37%提高到2017年之前的39.6%，对收入超过500万美元的人征收3%的附加费。</blockquote></p><p> It increases the capital gains tax rate to 25% from 20% for those earning more than $400,000 but tones down President Joe Biden’s proposed measures to tax more inherited wealth within rich families.</p><p><blockquote>它将收入超过40万美元的人的资本利得税率从20%提高到25%，但淡化了总统乔·拜登提出的对富裕家庭更多继承财富征税的措施。</blockquote></p><p> The joint committee analysis suggests the House plan may break Biden’s pledge not to raise taxes on those earning less than $400,000, as the $200,000-$500,000 income category would see a 0.3% increase in 2023. Those earning $50,000-75,000 would see a 1% increase in 2027.</p><p><blockquote>联合委员会的分析表明，众议院的计划可能会违背拜登不对收入低于40万美元的人增税的承诺，因为收入20万至50万美元的类别在2023年将增加0.3%。2027年，收入为50,000-75,000美元的人将增长1%。</blockquote></p><p> Democrats in coming weeks are trying to push the $3.5 trillion bill through Congress to carry out Biden’s agenda of expanding child care, investing in education, green energy, health care and social services for the elderly and poor.</p><p><blockquote>未来几周，民主党人正试图推动这项3.5万亿美元的法案在国会获得通过，以执行拜登扩大儿童保育、投资教育、绿色能源、医疗保健以及为老年人和穷人提供社会服务的议程。</blockquote></p><p> The joint committee estimated the provisions to pay for these initiatives would total $1 trillion from increased taxes on high-income individuals over 10 years, and $963.6 billion from increased taxes on large corporations.</p><p><blockquote>联合委员会估计，10年内对高收入个人增税将为这些举措提供1万亿美元的资金，对大公司增税将为9636亿美元。</blockquote></p><p> These would be offset by tax credits for children, low-income workers, electric vehicles and clean energy, infrastructure finance and other tax code provisions that will reduce revenues by $1.2 trillion over 10 years, leaving a net revenue gain of about $871 million.</p><p><blockquote>这些将被儿童、低收入工人、电动汽车和清洁能源、基础设施融资和其他税法条款的税收抵免所抵消，这些条款将在10年内减少1.2万亿美元的收入，留下约8.71亿美元的净收入收益。</blockquote></p><p> The joint committee analysis excludes direct spending impacts of the Democrats’ legislation, which will be estimated by the Congressional Budget Office.</p><p><blockquote>联合委员会的分析排除了民主党立法的直接支出影响，这将由国会预算办公室进行估计。</blockquote></p><p> REPUBLICAN WALL</p><p><blockquote>共和党墙</blockquote></p><p> Republicans solidly oppose the Democratic plan, saying it will result in higher taxes for middle-class people as well as the rich. They have warned that this will prompt job losses, an economic slowdown and higher inflation.</p><p><blockquote>共和党人坚决反对民主党的计划，称这将导致中产阶级和富人的税收增加。他们警告说，这将导致失业、经济放缓和通胀上升。</blockquote></p><p> Democrats are maneuvering to win passage without Republican support through a budget “reconciliation” process that would allow their measure to advance in the 100-member Senate by a simple majority, instead of the 60 normally required.</p><p><blockquote>民主党人正在通过预算“和解”程序在没有共和党支持的情况下赢得通过，该程序将允许他们的措施在100名成员的参议院以简单多数而不是通常要求的60名成员中推进。</blockquote></p><p> The Senate is split 50-50 between Democrats and Republicans.</p><p><blockquote>参议院民主党和共和党各占一半。</blockquote></p><p></p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Democrats' tax plan would cut bills for most Americans -congressional estimate<blockquote>国会估计，民主党的税收计划将削减大多数美国人的账单</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; 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}\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\">\nDemocrats' tax plan would cut bills for most Americans -congressional estimate<blockquote>国会估计，民主党的税收计划将削减大多数美国人的账单</blockquote>\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">Reuters</strong><span class=\"h-time small\">2021-09-15 07:18</span>\n</p>\n</h4>\n</header>\n<article>\n<p>WASHINGTON (Reuters) -U.S. tax code changes sought by Democrats in the House of Representatives to help fund $3.5 trillion in domestic investments would cut annual tax bills for Americans earning less than $200,000 a year through 2025, a congressional estimate showed on Tuesday.</p><p><blockquote>华盛顿（路透社）-美国。国会周二的一项估计显示，众议院民主党人寻求修改税法，以帮助为3.5万亿美元的国内投资提供资金，这将在2025年前削减年收入低于20万美元的美国人的年度税单。</blockquote></p><p> The bipartisan Joint Committee on Taxation estimated that expanded tax credits for children and earned income would mean people in lower-income brackets would pay far less in taxes in 2023 under the Democratic plan, which is being debated this week in the tax-writing House Ways and Means Committee.</p><p><blockquote>两党联合税收委员会估计，根据民主党计划，扩大对儿童和劳动收入的税收抵免将意味着低收入阶层的人在2023年缴纳的税款将大大减少，该计划本周正在制定税收计划的众议院筹款委员会进行辩论。</blockquote></p><p> At the other end of the income scale, tax collections from those earning over $200,000 would rise slightly in 2023, escalating to a 10.6% increase for people earning $1 million and more, the committee said.</p><p><blockquote>该委员会表示，在收入规模的另一端，收入超过20万美元的人的税收将在2023年略有增加，收入100万美元及以上的人的税收增幅将升至10.6%。</blockquote></p><p> By 2027, after an expanded Child Tax Credit expires, those earning between $30,000 and $200,000 would start to see slightly higher tax bills, according to the estimate.</p><p><blockquote>据估计，到2027年，扩大的儿童税收抵免到期后，收入在3万美元至20万美元之间的人将开始看到略高的税单。</blockquote></p><p> REVENUE GAINS, LOSSES</p><p><blockquote>收入收益、损失</blockquote></p><p> The joint committee, which estimates tax revenue and credit provisions of legislation, estimated that tax increase proposals now under debate in the House Ways and Means Committee would directly raise some $2.07 trillion over 10 years.</p><p><blockquote>估计税收和立法信贷条款的联合委员会估计，众议院筹款委员会目前正在辩论的增税提案将在10年内直接筹集约2.07万亿美元。</blockquote></p><p> The plan would raise the top individual income tax rate to its pre-2017 level of 39.6%, from 37% currently, on taxable income above $400,000 with a 3% surcharge on income above $5 million.</p><p><blockquote>该计划将把应税收入超过40万美元的最高个人所得税税率从目前的37%提高到2017年之前的39.6%，对收入超过500万美元的人征收3%的附加费。</blockquote></p><p> It increases the capital gains tax rate to 25% from 20% for those earning more than $400,000 but tones down President Joe Biden’s proposed measures to tax more inherited wealth within rich families.</p><p><blockquote>它将收入超过40万美元的人的资本利得税率从20%提高到25%，但淡化了总统乔·拜登提出的对富裕家庭更多继承财富征税的措施。</blockquote></p><p> The joint committee analysis suggests the House plan may break Biden’s pledge not to raise taxes on those earning less than $400,000, as the $200,000-$500,000 income category would see a 0.3% increase in 2023. Those earning $50,000-75,000 would see a 1% increase in 2027.</p><p><blockquote>联合委员会的分析表明，众议院的计划可能会违背拜登不对收入低于40万美元的人增税的承诺，因为收入20万至50万美元的类别在2023年将增加0.3%。2027年，收入为50,000-75,000美元的人将增长1%。</blockquote></p><p> Democrats in coming weeks are trying to push the $3.5 trillion bill through Congress to carry out Biden’s agenda of expanding child care, investing in education, green energy, health care and social services for the elderly and poor.</p><p><blockquote>未来几周，民主党人正试图推动这项3.5万亿美元的法案在国会获得通过，以执行拜登扩大儿童保育、投资教育、绿色能源、医疗保健以及为老年人和穷人提供社会服务的议程。</blockquote></p><p> The joint committee estimated the provisions to pay for these initiatives would total $1 trillion from increased taxes on high-income individuals over 10 years, and $963.6 billion from increased taxes on large corporations.</p><p><blockquote>联合委员会估计，10年内对高收入个人增税将为这些举措提供1万亿美元的资金，对大公司增税将为9636亿美元。</blockquote></p><p> These would be offset by tax credits for children, low-income workers, electric vehicles and clean energy, infrastructure finance and other tax code provisions that will reduce revenues by $1.2 trillion over 10 years, leaving a net revenue gain of about $871 million.</p><p><blockquote>这些将被儿童、低收入工人、电动汽车和清洁能源、基础设施融资和其他税法条款的税收抵免所抵消，这些条款将在10年内减少1.2万亿美元的收入，留下约8.71亿美元的净收入收益。</blockquote></p><p> The joint committee analysis excludes direct spending impacts of the Democrats’ legislation, which will be estimated by the Congressional Budget Office.</p><p><blockquote>联合委员会的分析排除了民主党立法的直接支出影响，这将由国会预算办公室进行估计。</blockquote></p><p> REPUBLICAN WALL</p><p><blockquote>共和党墙</blockquote></p><p> Republicans solidly oppose the Democratic plan, saying it will result in higher taxes for middle-class people as well as the rich. They have warned that this will prompt job losses, an economic slowdown and higher inflation.</p><p><blockquote>共和党人坚决反对民主党的计划，称这将导致中产阶级和富人的税收增加。他们警告说，这将导致失业、经济放缓和通胀上升。</blockquote></p><p> Democrats are maneuvering to win passage without Republican support through a budget “reconciliation” process that would allow their measure to advance in the 100-member Senate by a simple majority, instead of the 60 normally required.</p><p><blockquote>民主党人正在通过预算“和解”程序在没有共和党支持的情况下赢得通过，该程序将允许他们的措施在100名成员的参议院以简单多数而不是通常要求的60名成员中推进。</blockquote></p><p> The Senate is split 50-50 between Democrats and Republicans.</p><p><blockquote>参议院民主党和共和党各占一半。</blockquote></p><p></p>\n<div class=\"bt-text\">\n\n\n<p> 来源：<a href=\"https://www.reuters.com/article/usa-biden-infrastructure-congress/democrats-tax-plan-would-cut-bills-for-most-americans-congressional-estimate-idUSKBN2GA1TK\">Reuters</a></p>\n<p>为提升您的阅读体验，我们对本页面进行了排版优化</p>\n\n\n</div>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".DJI":"道琼斯"},"source_url":"https://www.reuters.com/article/usa-biden-infrastructure-congress/democrats-tax-plan-would-cut-bills-for-most-americans-congressional-estimate-idUSKBN2GA1TK","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1184278723","content_text":"WASHINGTON (Reuters) -U.S. tax code changes sought by Democrats in the House of Representatives to help fund $3.5 trillion in domestic investments would cut annual tax bills for Americans earning less than $200,000 a year through 2025, a congressional estimate showed on Tuesday.\nThe bipartisan Joint Committee on Taxation estimated that expanded tax credits for children and earned income would mean people in lower-income brackets would pay far less in taxes in 2023 under the Democratic plan, which is being debated this week in the tax-writing House Ways and Means Committee.\nAt the other end of the income scale, tax collections from those earning over $200,000 would rise slightly in 2023, escalating to a 10.6% increase for people earning $1 million and more, the committee said.\nBy 2027, after an expanded Child Tax Credit expires, those earning between $30,000 and $200,000 would start to see slightly higher tax bills, according to the estimate.\nREVENUE GAINS, LOSSES\nThe joint committee, which estimates tax revenue and credit provisions of legislation, estimated that tax increase proposals now under debate in the House Ways and Means Committee would directly raise some $2.07 trillion over 10 years.\nThe plan would raise the top individual income tax rate to its pre-2017 level of 39.6%, from 37% currently, on taxable income above $400,000 with a 3% surcharge on income above $5 million.\nIt increases the capital gains tax rate to 25% from 20% for those earning more than $400,000 but tones down President Joe Biden’s proposed measures to tax more inherited wealth within rich families.\nThe joint committee analysis suggests the House plan may break Biden’s pledge not to raise taxes on those earning less than $400,000, as the $200,000-$500,000 income category would see a 0.3% increase in 2023. Those earning $50,000-75,000 would see a 1% increase in 2027.\nDemocrats in coming weeks are trying to push the $3.5 trillion bill through Congress to carry out Biden’s agenda of expanding child care, investing in education, green energy, health care and social services for the elderly and poor.\nThe joint committee estimated the provisions to pay for these initiatives would total $1 trillion from increased taxes on high-income individuals over 10 years, and $963.6 billion from increased taxes on large corporations.\nThese would be offset by tax credits for children, low-income workers, electric vehicles and clean energy, infrastructure finance and other tax code provisions that will reduce revenues by $1.2 trillion over 10 years, leaving a net revenue gain of about $871 million.\nThe joint committee analysis excludes direct spending impacts of the Democrats’ legislation, which will be estimated by the Congressional Budget Office.\nREPUBLICAN WALL\nRepublicans solidly oppose the Democratic plan, saying it will result in higher taxes for middle-class people as well as the rich. They have warned that this will prompt job losses, an economic slowdown and higher inflation.\nDemocrats are maneuvering to win passage without Republican support through a budget “reconciliation” process that would allow their measure to advance in the 100-member Senate by a simple majority, instead of the 60 normally required.\nThe Senate is split 50-50 between Democrats and Republicans.","news_type":1,"symbols_score_info":{".DJI":0.9}},"isVote":1,"tweetType":1,"viewCount":628,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":886502504,"gmtCreate":1631601886608,"gmtModify":1631892034852,"author":{"id":"4087691982117120","authorId":"4087691982117120","name":"triu","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"4087691982117120","idStr":"4087691982117120"},"themes":[],"htmlText":"//<a href=\"https://laohu8.com/U/3571959390768435\">@stormlee</a>: Pls like thks","listText":"//<a href=\"https://laohu8.com/U/3571959390768435\">@stormlee</a>: Pls like thks","text":"//@stormlee: Pls like thks","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/886502504","repostId":"1108105401","repostType":4,"isVote":1,"tweetType":1,"viewCount":568,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":886506777,"gmtCreate":1631601813899,"gmtModify":1631892034855,"author":{"id":"4087691982117120","authorId":"4087691982117120","name":"triu","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"4087691982117120","idStr":"4087691982117120"},"themes":[],"htmlText":"Like&nbsp;","listText":"Like&nbsp;","text":"Like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/886506777","repostId":"1125375899","repostType":2,"repost":{"id":"1125375899","kind":"news","pubTimestamp":1631579864,"share":"https://www.laohu8.com/m/news/1125375899?lang=zh_CN&edition=full","pubTime":"2021-09-14 08:37","market":"us","language":"en","title":"U.S. consumers' inflation expectations highest since 2013, NY Fed says<blockquote>纽约联储称美国消费者通胀预期创2013年以来最高</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1125375899","media":"Reuters","summary":"Sept 13 (Reuters) - U.S. consumers' expectations for how much inflation will change over the next ye","content":"<p>Sept 13 (Reuters) - U.S. consumers' expectations for how much inflation will change over the next year and the coming three years rose last month to the highest levels since 2013, according to a survey released on Monday by the New York Federal Reserve.</p><p><blockquote>路透9月13日-纽约联储周一发布的一项调查显示，美国消费者对未来一年和未来三年通胀变化的预期上个月升至2013年以来的最高水平。</blockquote></p><p> Year-ahead inflation expectations increased for the 10th straight month to a median of 5.2% in August, according to the monthly survey of consumer expectations. Inflation expectations over the next three years increased to a median of 4.0%. Both metrics are at the highest they've ever been for the survey, which was launched in 2013.</p><p><blockquote>根据消费者预期月度调查，8月份全年通胀预期连续第10个月上升至5.2%的中值。未来三年通胀预期中值升至4.0%。这两个指标都处于2013年启动的调查中的最高水平。</blockquote></p><p> <img src=\"https://static.tigerbbs.com/911ee80b93e9703418d8d341701cace9\" tg-width=\"1288\" tg-height=\"800\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"></p><p><blockquote></blockquote></p><p> U.S. central bank officials are keeping a close watch on inflation expectations as they try to evaluate whether the pricing pressures triggered by the coronavirus pandemic will pass or have more lasting effects on the economy.</p><p><blockquote>美国央行官员正在密切关注通胀预期，他们试图评估新冠病毒大流行引发的定价压力是否会过去或对经济产生更持久的影响。</blockquote></p><p> Some policymakers say ending the massive asset purchases the Fed launched last year to support markets and the economy sooner rather than later will give officials more options for responding down the road if inflation lasts longer than anticipated.</p><p><blockquote>一些政策制定者表示，如果通胀持续时间长于预期，尽早结束美联储去年为支持市场和经济而推出的大规模资产购买计划，将为官员们提供更多应对选择。</blockquote></p><p> Several policymakers said they expect the Fed to begin winding those asset purchases down later this year despite a weakening in jobs growth in August.</p><p><blockquote>几位政策制定者表示，尽管8月份就业增长疲软，但他们预计美联储将在今年晚些时候开始减少这些资产购买。</blockquote></p><p> The New York Fed survey showed that consumers are raising their expectations for how much more they may have to spend on housing, food and other essentials over the next year.</p><p><blockquote>纽约联储的调查显示，消费者正在提高对明年在住房、食品和其他必需品上可能需要增加多少支出的预期。</blockquote></p><p> Expectations for how much home prices will increase over the next year dropped again in August for the third straight month, but were still elevated at a median of 5.9%, the survey found.</p><p><blockquote>调查发现，8月份对明年房价涨幅的预期连续第三个月再次下降，但仍高于5.9%的中位数。</blockquote></p><p> Food prices are expected to grow by 7.9% over the next year, up from 7.1% in July. Rent is expected to increase by 10% over the next 12 months and the price of medical care is expected to rise by 9.7% over the next year - both up 0.2 percentage point from July.</p><p><blockquote>食品价格预计明年将增长7.9%，高于7月份的7.1%。未来12个月房租预计将上涨10%，明年医疗价格预计将上涨9.7%——均较7月份上涨0.2个百分点。</blockquote></p><p> The report is based on a rotating panel of 1,300 households.</p><p><blockquote>该报告基于1300个家庭的轮换小组。</blockquote></p><p></p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>U.S. consumers' inflation expectations highest since 2013, NY Fed says<blockquote>纽约联储称美国消费者通胀预期创2013年以来最高</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\">\nU.S. consumers' inflation expectations highest since 2013, NY Fed says<blockquote>纽约联储称美国消费者通胀预期创2013年以来最高</blockquote>\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">Reuters</strong><span class=\"h-time small\">2021-09-14 08:37</span>\n</p>\n</h4>\n</header>\n<article>\n<p>Sept 13 (Reuters) - U.S. consumers' expectations for how much inflation will change over the next year and the coming three years rose last month to the highest levels since 2013, according to a survey released on Monday by the New York Federal Reserve.</p><p><blockquote>路透9月13日-纽约联储周一发布的一项调查显示，美国消费者对未来一年和未来三年通胀变化的预期上个月升至2013年以来的最高水平。</blockquote></p><p> Year-ahead inflation expectations increased for the 10th straight month to a median of 5.2% in August, according to the monthly survey of consumer expectations. Inflation expectations over the next three years increased to a median of 4.0%. Both metrics are at the highest they've ever been for the survey, which was launched in 2013.</p><p><blockquote>根据消费者预期月度调查，8月份全年通胀预期连续第10个月上升至5.2%的中值。未来三年通胀预期中值升至4.0%。这两个指标都处于2013年启动的调查中的最高水平。</blockquote></p><p> <img src=\"https://static.tigerbbs.com/911ee80b93e9703418d8d341701cace9\" tg-width=\"1288\" tg-height=\"800\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"></p><p><blockquote></blockquote></p><p> U.S. central bank officials are keeping a close watch on inflation expectations as they try to evaluate whether the pricing pressures triggered by the coronavirus pandemic will pass or have more lasting effects on the economy.</p><p><blockquote>美国央行官员正在密切关注通胀预期，他们试图评估新冠病毒大流行引发的定价压力是否会过去或对经济产生更持久的影响。</blockquote></p><p> Some policymakers say ending the massive asset purchases the Fed launched last year to support markets and the economy sooner rather than later will give officials more options for responding down the road if inflation lasts longer than anticipated.</p><p><blockquote>一些政策制定者表示，如果通胀持续时间长于预期，尽早结束美联储去年为支持市场和经济而推出的大规模资产购买计划，将为官员们提供更多应对选择。</blockquote></p><p> Several policymakers said they expect the Fed to begin winding those asset purchases down later this year despite a weakening in jobs growth in August.</p><p><blockquote>几位政策制定者表示，尽管8月份就业增长疲软，但他们预计美联储将在今年晚些时候开始减少这些资产购买。</blockquote></p><p> The New York Fed survey showed that consumers are raising their expectations for how much more they may have to spend on housing, food and other essentials over the next year.</p><p><blockquote>纽约联储的调查显示，消费者正在提高对明年在住房、食品和其他必需品上可能需要增加多少支出的预期。</blockquote></p><p> Expectations for how much home prices will increase over the next year dropped again in August for the third straight month, but were still elevated at a median of 5.9%, the survey found.</p><p><blockquote>调查发现，8月份对明年房价涨幅的预期连续第三个月再次下降，但仍高于5.9%的中位数。</blockquote></p><p> Food prices are expected to grow by 7.9% over the next year, up from 7.1% in July. Rent is expected to increase by 10% over the next 12 months and the price of medical care is expected to rise by 9.7% over the next year - both up 0.2 percentage point from July.</p><p><blockquote>食品价格预计明年将增长7.9%，高于7月份的7.1%。未来12个月房租预计将上涨10%，明年医疗价格预计将上涨9.7%——均较7月份上涨0.2个百分点。</blockquote></p><p> The report is based on a rotating panel of 1,300 households.</p><p><blockquote>该报告基于1300个家庭的轮换小组。</blockquote></p><p></p>\n<div class=\"bt-text\">\n\n\n<p> 来源：<a href=\"https://www.reuters.com/world/us/us-consumers-inflation-expectations-highest-8-years-ny-fed-says-2021-09-13/\">Reuters</a></p>\n<p>为提升您的阅读体验，我们对本页面进行了排版优化</p>\n\n\n</div>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".DJI":"道琼斯"},"source_url":"https://www.reuters.com/world/us/us-consumers-inflation-expectations-highest-8-years-ny-fed-says-2021-09-13/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1125375899","content_text":"Sept 13 (Reuters) - U.S. consumers' expectations for how much inflation will change over the next year and the coming three years rose last month to the highest levels since 2013, according to a survey released on Monday by the New York Federal Reserve.\nYear-ahead inflation expectations increased for the 10th straight month to a median of 5.2% in August, according to the monthly survey of consumer expectations. Inflation expectations over the next three years increased to a median of 4.0%. Both metrics are at the highest they've ever been for the survey, which was launched in 2013.\n\nU.S. central bank officials are keeping a close watch on inflation expectations as they try to evaluate whether the pricing pressures triggered by the coronavirus pandemic will pass or have more lasting effects on the economy.\nSome policymakers say ending the massive asset purchases the Fed launched last year to support markets and the economy sooner rather than later will give officials more options for responding down the road if inflation lasts longer than anticipated.\nSeveral policymakers said they expect the Fed to begin winding those asset purchases down later this year despite a weakening in jobs growth in August.\nThe New York Fed survey showed that consumers are raising their expectations for how much more they may have to spend on housing, food and other essentials over the next year.\nExpectations for how much home prices will increase over the next year dropped again in August for the third straight month, but were still elevated at a median of 5.9%, the survey found.\nFood prices are expected to grow by 7.9% over the next year, up from 7.1% in July. Rent is expected to increase by 10% over the next 12 months and the price of medical care is expected to rise by 9.7% over the next year - both up 0.2 percentage point from July.\nThe report is based on a rotating panel of 1,300 households.","news_type":1,"symbols_score_info":{".DJI":0.9}},"isVote":1,"tweetType":1,"viewCount":416,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":888357999,"gmtCreate":1631444146711,"gmtModify":1631892034860,"author":{"id":"4087691982117120","authorId":"4087691982117120","name":"triu","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"4087691982117120","idStr":"4087691982117120"},"themes":[],"htmlText":"Like&nbsp;","listText":"Like&nbsp;","text":"Like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":5,"repostSize":0,"link":"https://laohu8.com/post/888357999","repostId":"1189654544","repostType":2,"repost":{"id":"1189654544","kind":"news","pubTimestamp":1631406130,"share":"https://www.laohu8.com/m/news/1189654544?lang=zh_CN&edition=full","pubTime":"2021-09-12 08:22","market":"us","language":"en","title":"US IPO Week Ahead: The Fall IPO market kicks off with a 10 IPO week<blockquote>美国IPO周：秋季IPO市场以10周IPO拉开帷幕</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1189654544","media":"Renaissance Capital","summary":"After a wave of launches in the short holiday week, 10 IPOs are scheduled to raise over $3 billion i","content":"<p>After a wave of launches in the short holiday week, 10 IPOs are scheduled to raise over $3 billion in the week ahead.</p><p><blockquote>在短暂的假期周经历了一波发行之后，未来一周将有10起IPO计划筹集超过30亿美元的资金。</blockquote></p><p> Tech consultancy&nbsp;<b>Thoughtworks</b>(TWKS) plans to raise $700 million at a $6.3 billion market cap. This agile software developer provides premium, end-to-end digital strategy, design, and engineering services to more than 300 enterprise customers. The company grew revenue at a 14% CAGR from 2017 to 2020, and expanded margins in 2020 and the 1H21.</p><p><blockquote>技术咨询<b>Thoughtworks</b>(TWKS)计划以63亿美元的市值筹集7亿美元。这家敏捷软件开发商为300多家企业客户提供优质的端到端数字战略、设计和工程服务。从2017年到2020年，该公司的收入复合年增长率为14%，并在2020年和2021年上半年扩大了利润率。</blockquote></p><p> Swiss running shoe brand&nbsp;<b>On Holding</b>(ONON) plans to raise $591 million at a $5.9 billion market cap. On is a global provider of premium athletic footwear, apparel, and accessories that are designed using sustainable materials and its proprietary technology. The company has demonstrated growth and profitability, though it faces significant competition from other well-known sportswear brands.</p><p><blockquote>瑞士跑鞋品牌<b>持有时</b>(ONON)计划以59亿美元的市值筹集5.91亿美元。On是一家全球优质运动鞋、服装和配饰供应商，采用可持续材料及其专有技术设计。尽管面临来自其他知名运动服装品牌的激烈竞争，但该公司已展现出增长和盈利能力。</blockquote></p><p> After ending talks to go public via SPAC,<b>Sportradar Group</b>(SRAD) plans to raise $504 million at a $7.9 billion market cap. Covering over 750,000 events annually across 83 sports, this Swiss company provides software, data, and content to sports leagues, betting operators, and media companies. Sportradar is profitable, and growth accelerated in the 1H21 as live sports resumed.</p><p><blockquote>在结束通过SPAC上市的谈判后，<b>Sportradar集团</b>(SRAD)计划以79亿美元的市值筹集5.04亿美元。这家瑞士公司每年报道83项运动的750,000多场赛事，为体育联盟、博彩运营商和媒体公司提供软件、数据和内容。Sportradar已实现盈利，随着体育直播的恢复，2021年上半年增长加速。</blockquote></p><p> Drive-thru coffee chain&nbsp;<b>Dutch Bros</b>(BROS) plans to raise $400 million at a $3.3 billion market cap. This Oregon-based company has a chain of 471 drive-thru coffee shops in the Western US, and it has been able to maintain a track record of same-store sales growth as it has expanded to new states. Insiders received pre-IPO dividends and will sell shares back to the company.</p><p><blockquote>得来速咖啡连锁店<b>荷兰兄弟</b>(BROS)计划以33亿美元的市值筹集4亿美元。这家总部位于俄勒冈州的公司在美国西部拥有471家得来速咖啡店连锁店，随着业务扩展到新州，它一直能够保持同店销售增长的记录。内部人士收到了IPO前的股息，并将把股票卖回给公司。</blockquote></p><p> Healthcare intelligence platform&nbsp;<b>Definitive Healthcare</b>(DH) plans to raise $350 million at a $3.3 billion market cap. This company provides a healthcare commercial intelligence and analytics platform, helping its customers to analyze, navigate, and sell into the complex healthcare ecosystem. Unprofitable with strong growth, Definitive Healthcare will be leveraged post-IPO.</p><p><blockquote>医疗智能平台<b>权威医疗保健</b>(DH)计划以33亿美元的市值筹集3.5亿美元。该公司提供医疗保健商业智能和分析平台，帮助其客户分析、导航和销售复杂的医疗保健生态系统。由于增长强劲，Definitive Healthcare尚未盈利，但将在IPO后进行杠杆化。</blockquote></p><p> Identity management platform&nbsp;<b>ForgeRock</b>(FORG) plans to raise $248 million at a $2.1 billion market cap. The company provides identity and access management software, with a platform to provision, authenticate, and govern all types of digital identities. Unprofitable with high sales and marketing expenses, ForgeRock is a leading next-gen provider in the multi-billion-dollar identity and access market.</p><p><blockquote>身份管理平台<b>ForgeRock</b>(FORG)计划以21亿美元的市值筹集2.48亿美元。该公司提供身份和访问管理软件，以及一个提供、认证和管理所有类型数字身份的平台。由于销售和营销费用高昂，ForgeRock无利可图，是价值数十亿美元的身份和访问市场中领先的下一代提供商。</blockquote></p><p> Immunology biotech&nbsp;<b>DICE Therapeutics</b>(DICE) plans to raise $160 million at a $550 million market cap. This biotech is developing oral small molecule therapies to treat chronic diseases in immunology and other therapeutic areas. DICE plans to initiate a Phase 1 trial of its lead candidate S011806, an oral antagonist with a variety of immunology indications.</p><p><blockquote>免疫学生物技术<b>骰子疗法</b>(DICE)计划以5.5亿美元的市值筹集1.6亿美元。这家生物技术公司正在开发口服小分子疗法，以治疗免疫学和其他治疗领域的慢性疾病。DICE计划启动其主要候选药物S011806的1期试验，这是一种具有多种免疫学适应症的口服拮抗剂。</blockquote></p><p> Surgical robotics developer&nbsp;<b>PROCEPT BioRobotics</b>(PRCT) plans to raise $127 million at a $1.1 billion market cap. This commercial-stage company develops surgical robotic systems for minimally-invasive urologic surgery with an initial focus on treating benign prostatic hyperplasia. PROCEPT BioRobotics is highly unprofitable and saw revenue increase more than sixfold in the 1H21.</p><p><blockquote>手术机器人开发商<b>PROCEPT生物机器人</b>(PRCT)计划以11亿美元的市值筹集1.27亿美元。这家商业阶段的公司开发用于微创泌尿外科手术的手术机器人系统，最初的重点是治疗良性前列腺增生。PROCEPT BioRobotics非常无利可图，2021年上半年收入增长了六倍多。</blockquote></p><p> Oncology biotech&nbsp;<b>Tyra Biosciences</b>(TYRA) plans to raise $101 million at a $584 million market cap. This preclinical biotech is developing FGFR kinase inhibitors for cancer, specifically solid tumors. Tyra’s lead candidate is initially focused on bladder cancer, and the company expects to submit an IND for it in mid-2022.</p><p><blockquote>肿瘤生物技术<b>泰拉生物科学公司</b>(TYRA)计划以5.84亿美元的市值筹集1.01亿美元。这家临床前生物技术公司正在开发用于癌症，特别是实体瘤的FGFR激酶抑制剂。Tyra的主要候选药物最初专注于膀胱癌，该公司预计将于2022年中期提交IND。</blockquote></p><p> Micro-cap gas delivery service&nbsp;<b>EzFill Holdings</b>(EZFL) plans to raise $25 million at a $104 million market cap. This mobile-fueling company provides an on-demand fuel delivery service in Florida via mobile app. Highly unprofitable with explosive growth, EzFill states that it is the dominant player in the South Florida market.</p><p><blockquote>微帽气体输送服务<b>埃兹菲尔控股</b>(EZFL)计划以1.04亿美元的市值筹集2500万美元。这家移动加油公司通过移动应用程序在佛罗里达州提供按需加油服务。由于爆炸性增长，EzFill表示，它是南佛罗里达州市场的主导者。</blockquote></p><p> <img src=\"https://static.tigerbbs.com/718698ff98644c4026f32efe91d076c6\" tg-width=\"1128\" tg-height=\"684\" referrerpolicy=\"no-referrer\"><img src=\"https://static.tigerbbs.com/97fe13300d9e4cf61effc59b9706776a\" tg-width=\"1129\" tg-height=\"247\" referrerpolicy=\"no-referrer\"></p><p><blockquote></blockquote></p><p> <b>IPO Market Snapshot</b></p><p><blockquote><b>IPO市场快照</b></blockquote></p><p> The Renaissance IPO Indices are market cap weighted baskets of newly public companies. As of 9/9/21, the Renaissance IPO Index was up 7.7% year-to-date, while the S&amp;P 500 was up 19.6%. Renaissance Capital's IPO ETF (NYSE: IPO) tracks the index, and top ETF holdings include Snowflake (SNOW) and Palantir Technologies (PLTR). The Renaissance International IPO Index was down 11.0% year-to-date, while the ACWX was up 10.0%. Renaissance Capital’s International IPO ETF (NYSE: IPOS) tracks the index, and top ETF holdings include Smoore International and EQT Partners.</p><p><blockquote>文艺复兴IPO指数是新上市公司的市值加权篮子。截至9/9/21，文艺复兴IPO指数今年迄今上涨了7.7%，而标普500上涨了19.6%。Renaissance Capital的IPO ETF（纽约证券交易所股票代码：IPO）跟踪该指数，持有的顶级ETF包括Snowflake（SNOW）和Palantir Technologies（PLTR）。Renaissance International IPO指数今年迄今下跌11.0%，而ACWX指数上涨10.0%。Renaissance Capital的国际IPO ETF（纽约证券交易所股票代码：IPOS）跟踪该指数，持有的顶级ETF包括思摩尔国际和殷拓合伙人。</blockquote></p><p></p>","source":"lsy1603787993745","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>US IPO Week Ahead: The Fall IPO market kicks off with a 10 IPO week<blockquote>美国IPO周：秋季IPO市场以10周IPO拉开帷幕</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\">\nUS IPO Week Ahead: The Fall IPO market kicks off with a 10 IPO week<blockquote>美国IPO周：秋季IPO市场以10周IPO拉开帷幕</blockquote>\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">Renaissance Capital</strong><span class=\"h-time small\">2021-09-12 08:22</span>\n</p>\n</h4>\n</header>\n<article>\n<p>After a wave of launches in the short holiday week, 10 IPOs are scheduled to raise over $3 billion in the week ahead.</p><p><blockquote>在短暂的假期周经历了一波发行之后，未来一周将有10起IPO计划筹集超过30亿美元的资金。</blockquote></p><p> Tech consultancy&nbsp;<b>Thoughtworks</b>(TWKS) plans to raise $700 million at a $6.3 billion market cap. This agile software developer provides premium, end-to-end digital strategy, design, and engineering services to more than 300 enterprise customers. The company grew revenue at a 14% CAGR from 2017 to 2020, and expanded margins in 2020 and the 1H21.</p><p><blockquote>技术咨询<b>Thoughtworks</b>(TWKS)计划以63亿美元的市值筹集7亿美元。这家敏捷软件开发商为300多家企业客户提供优质的端到端数字战略、设计和工程服务。从2017年到2020年，该公司的收入复合年增长率为14%，并在2020年和2021年上半年扩大了利润率。</blockquote></p><p> Swiss running shoe brand&nbsp;<b>On Holding</b>(ONON) plans to raise $591 million at a $5.9 billion market cap. On is a global provider of premium athletic footwear, apparel, and accessories that are designed using sustainable materials and its proprietary technology. The company has demonstrated growth and profitability, though it faces significant competition from other well-known sportswear brands.</p><p><blockquote>瑞士跑鞋品牌<b>持有时</b>(ONON)计划以59亿美元的市值筹集5.91亿美元。On是一家全球优质运动鞋、服装和配饰供应商，采用可持续材料及其专有技术设计。尽管面临来自其他知名运动服装品牌的激烈竞争，但该公司已展现出增长和盈利能力。</blockquote></p><p> After ending talks to go public via SPAC,<b>Sportradar Group</b>(SRAD) plans to raise $504 million at a $7.9 billion market cap. Covering over 750,000 events annually across 83 sports, this Swiss company provides software, data, and content to sports leagues, betting operators, and media companies. Sportradar is profitable, and growth accelerated in the 1H21 as live sports resumed.</p><p><blockquote>在结束通过SPAC上市的谈判后，<b>Sportradar集团</b>(SRAD)计划以79亿美元的市值筹集5.04亿美元。这家瑞士公司每年报道83项运动的750,000多场赛事，为体育联盟、博彩运营商和媒体公司提供软件、数据和内容。Sportradar已实现盈利，随着体育直播的恢复，2021年上半年增长加速。</blockquote></p><p> Drive-thru coffee chain&nbsp;<b>Dutch Bros</b>(BROS) plans to raise $400 million at a $3.3 billion market cap. This Oregon-based company has a chain of 471 drive-thru coffee shops in the Western US, and it has been able to maintain a track record of same-store sales growth as it has expanded to new states. Insiders received pre-IPO dividends and will sell shares back to the company.</p><p><blockquote>得来速咖啡连锁店<b>荷兰兄弟</b>(BROS)计划以33亿美元的市值筹集4亿美元。这家总部位于俄勒冈州的公司在美国西部拥有471家得来速咖啡店连锁店，随着业务扩展到新州，它一直能够保持同店销售增长的记录。内部人士收到了IPO前的股息，并将把股票卖回给公司。</blockquote></p><p> Healthcare intelligence platform&nbsp;<b>Definitive Healthcare</b>(DH) plans to raise $350 million at a $3.3 billion market cap. This company provides a healthcare commercial intelligence and analytics platform, helping its customers to analyze, navigate, and sell into the complex healthcare ecosystem. Unprofitable with strong growth, Definitive Healthcare will be leveraged post-IPO.</p><p><blockquote>医疗智能平台<b>权威医疗保健</b>(DH)计划以33亿美元的市值筹集3.5亿美元。该公司提供医疗保健商业智能和分析平台，帮助其客户分析、导航和销售复杂的医疗保健生态系统。由于增长强劲，Definitive Healthcare尚未盈利，但将在IPO后进行杠杆化。</blockquote></p><p> Identity management platform&nbsp;<b>ForgeRock</b>(FORG) plans to raise $248 million at a $2.1 billion market cap. The company provides identity and access management software, with a platform to provision, authenticate, and govern all types of digital identities. Unprofitable with high sales and marketing expenses, ForgeRock is a leading next-gen provider in the multi-billion-dollar identity and access market.</p><p><blockquote>身份管理平台<b>ForgeRock</b>(FORG)计划以21亿美元的市值筹集2.48亿美元。该公司提供身份和访问管理软件，以及一个提供、认证和管理所有类型数字身份的平台。由于销售和营销费用高昂，ForgeRock无利可图，是价值数十亿美元的身份和访问市场中领先的下一代提供商。</blockquote></p><p> Immunology biotech&nbsp;<b>DICE Therapeutics</b>(DICE) plans to raise $160 million at a $550 million market cap. This biotech is developing oral small molecule therapies to treat chronic diseases in immunology and other therapeutic areas. DICE plans to initiate a Phase 1 trial of its lead candidate S011806, an oral antagonist with a variety of immunology indications.</p><p><blockquote>免疫学生物技术<b>骰子疗法</b>(DICE)计划以5.5亿美元的市值筹集1.6亿美元。这家生物技术公司正在开发口服小分子疗法，以治疗免疫学和其他治疗领域的慢性疾病。DICE计划启动其主要候选药物S011806的1期试验，这是一种具有多种免疫学适应症的口服拮抗剂。</blockquote></p><p> Surgical robotics developer&nbsp;<b>PROCEPT BioRobotics</b>(PRCT) plans to raise $127 million at a $1.1 billion market cap. This commercial-stage company develops surgical robotic systems for minimally-invasive urologic surgery with an initial focus on treating benign prostatic hyperplasia. PROCEPT BioRobotics is highly unprofitable and saw revenue increase more than sixfold in the 1H21.</p><p><blockquote>手术机器人开发商<b>PROCEPT生物机器人</b>(PRCT)计划以11亿美元的市值筹集1.27亿美元。这家商业阶段的公司开发用于微创泌尿外科手术的手术机器人系统，最初的重点是治疗良性前列腺增生。PROCEPT BioRobotics非常无利可图，2021年上半年收入增长了六倍多。</blockquote></p><p> Oncology biotech&nbsp;<b>Tyra Biosciences</b>(TYRA) plans to raise $101 million at a $584 million market cap. This preclinical biotech is developing FGFR kinase inhibitors for cancer, specifically solid tumors. Tyra’s lead candidate is initially focused on bladder cancer, and the company expects to submit an IND for it in mid-2022.</p><p><blockquote>肿瘤生物技术<b>泰拉生物科学公司</b>(TYRA)计划以5.84亿美元的市值筹集1.01亿美元。这家临床前生物技术公司正在开发用于癌症，特别是实体瘤的FGFR激酶抑制剂。Tyra的主要候选药物最初专注于膀胱癌，该公司预计将于2022年中期提交IND。</blockquote></p><p> Micro-cap gas delivery service&nbsp;<b>EzFill Holdings</b>(EZFL) plans to raise $25 million at a $104 million market cap. This mobile-fueling company provides an on-demand fuel delivery service in Florida via mobile app. Highly unprofitable with explosive growth, EzFill states that it is the dominant player in the South Florida market.</p><p><blockquote>微帽气体输送服务<b>埃兹菲尔控股</b>(EZFL)计划以1.04亿美元的市值筹集2500万美元。这家移动加油公司通过移动应用程序在佛罗里达州提供按需加油服务。由于爆炸性增长，EzFill表示，它是南佛罗里达州市场的主导者。</blockquote></p><p> <img src=\"https://static.tigerbbs.com/718698ff98644c4026f32efe91d076c6\" tg-width=\"1128\" tg-height=\"684\" referrerpolicy=\"no-referrer\"><img src=\"https://static.tigerbbs.com/97fe13300d9e4cf61effc59b9706776a\" tg-width=\"1129\" tg-height=\"247\" referrerpolicy=\"no-referrer\"></p><p><blockquote></blockquote></p><p> <b>IPO Market Snapshot</b></p><p><blockquote><b>IPO市场快照</b></blockquote></p><p> The Renaissance IPO Indices are market cap weighted baskets of newly public companies. As of 9/9/21, the Renaissance IPO Index was up 7.7% year-to-date, while the S&amp;P 500 was up 19.6%. Renaissance Capital's IPO ETF (NYSE: IPO) tracks the index, and top ETF holdings include Snowflake (SNOW) and Palantir Technologies (PLTR). The Renaissance International IPO Index was down 11.0% year-to-date, while the ACWX was up 10.0%. Renaissance Capital’s International IPO ETF (NYSE: IPOS) tracks the index, and top ETF holdings include Smoore International and EQT Partners.</p><p><blockquote>文艺复兴IPO指数是新上市公司的市值加权篮子。截至9/9/21，文艺复兴IPO指数今年迄今上涨了7.7%，而标普500上涨了19.6%。Renaissance Capital的IPO ETF（纽约证券交易所股票代码：IPO）跟踪该指数，持有的顶级ETF包括Snowflake（SNOW）和Palantir Technologies（PLTR）。Renaissance International IPO指数今年迄今下跌11.0%，而ACWX指数上涨10.0%。Renaissance Capital的国际IPO ETF（纽约证券交易所股票代码：IPOS）跟踪该指数，持有的顶级ETF包括思摩尔国际和殷拓合伙人。</blockquote></p><p></p>\n<div class=\"bt-text\">\n\n\n<p> 来源：<a href=\"https://www.renaissancecapital.com/IPO-Center/News/85972/US-IPO-Week-Ahead-The-Fall-IPO-market-kicks-off-with-a-10-IPO-week\">Renaissance Capital</a></p>\n<p>为提升您的阅读体验，我们对本页面进行了排版优化</p>\n\n\n</div>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"PRCT":"PROCEPT BioRobotics","TWKS":"Thoughtworks Holding Inc.","BROS":"Dutch Bros Inc.",".DJI":"道琼斯","SRAD":"Sportradar Group AG","DICE":"DICE Therapeutics, Inc.","TYRA":"Tyra Biosciences, Inc.",".IXIC":"NASDAQ Composite","ONON":"On Holding AG","DH":"Definitive Healthcare Corp.","FORG":"ForgeRock, Inc.",".SPX":"S&P 500 Index"},"source_url":"https://www.renaissancecapital.com/IPO-Center/News/85972/US-IPO-Week-Ahead-The-Fall-IPO-market-kicks-off-with-a-10-IPO-week","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1189654544","content_text":"After a wave of launches in the short holiday week, 10 IPOs are scheduled to raise over $3 billion in the week ahead.\nTech consultancy Thoughtworks(TWKS) plans to raise $700 million at a $6.3 billion market cap. This agile software developer provides premium, end-to-end digital strategy, design, and engineering services to more than 300 enterprise customers. The company grew revenue at a 14% CAGR from 2017 to 2020, and expanded margins in 2020 and the 1H21.\nSwiss running shoe brand On Holding(ONON) plans to raise $591 million at a $5.9 billion market cap. On is a global provider of premium athletic footwear, apparel, and accessories that are designed using sustainable materials and its proprietary technology. The company has demonstrated growth and profitability, though it faces significant competition from other well-known sportswear brands.\nAfter ending talks to go public via SPAC,Sportradar Group(SRAD) plans to raise $504 million at a $7.9 billion market cap. Covering over 750,000 events annually across 83 sports, this Swiss company provides software, data, and content to sports leagues, betting operators, and media companies. Sportradar is profitable, and growth accelerated in the 1H21 as live sports resumed.\nDrive-thru coffee chain Dutch Bros(BROS) plans to raise $400 million at a $3.3 billion market cap. This Oregon-based company has a chain of 471 drive-thru coffee shops in the Western US, and it has been able to maintain a track record of same-store sales growth as it has expanded to new states. Insiders received pre-IPO dividends and will sell shares back to the company.\nHealthcare intelligence platform Definitive Healthcare(DH) plans to raise $350 million at a $3.3 billion market cap. This company provides a healthcare commercial intelligence and analytics platform, helping its customers to analyze, navigate, and sell into the complex healthcare ecosystem. Unprofitable with strong growth, Definitive Healthcare will be leveraged post-IPO.\nIdentity management platform ForgeRock(FORG) plans to raise $248 million at a $2.1 billion market cap. The company provides identity and access management software, with a platform to provision, authenticate, and govern all types of digital identities. Unprofitable with high sales and marketing expenses, ForgeRock is a leading next-gen provider in the multi-billion-dollar identity and access market.\nImmunology biotech DICE Therapeutics(DICE) plans to raise $160 million at a $550 million market cap. This biotech is developing oral small molecule therapies to treat chronic diseases in immunology and other therapeutic areas. DICE plans to initiate a Phase 1 trial of its lead candidate S011806, an oral antagonist with a variety of immunology indications.\nSurgical robotics developer PROCEPT BioRobotics(PRCT) plans to raise $127 million at a $1.1 billion market cap. This commercial-stage company develops surgical robotic systems for minimally-invasive urologic surgery with an initial focus on treating benign prostatic hyperplasia. PROCEPT BioRobotics is highly unprofitable and saw revenue increase more than sixfold in the 1H21.\nOncology biotech Tyra Biosciences(TYRA) plans to raise $101 million at a $584 million market cap. This preclinical biotech is developing FGFR kinase inhibitors for cancer, specifically solid tumors. Tyra’s lead candidate is initially focused on bladder cancer, and the company expects to submit an IND for it in mid-2022.\nMicro-cap gas delivery service EzFill Holdings(EZFL) plans to raise $25 million at a $104 million market cap. This mobile-fueling company provides an on-demand fuel delivery service in Florida via mobile app. Highly unprofitable with explosive growth, EzFill states that it is the dominant player in the South Florida market.\n\nIPO Market Snapshot\nThe Renaissance IPO Indices are market cap weighted baskets of newly public companies. As of 9/9/21, the Renaissance IPO Index was up 7.7% year-to-date, while the S&P 500 was up 19.6%. Renaissance Capital's IPO ETF (NYSE: IPO) tracks the index, and top ETF holdings include Snowflake (SNOW) and Palantir Technologies (PLTR). The Renaissance International IPO Index was down 11.0% year-to-date, while the ACWX was up 10.0%. Renaissance Capital’s International IPO ETF (NYSE: IPOS) tracks the index, and top ETF holdings include Smoore International and EQT Partners.","news_type":1,"symbols_score_info":{".DJI":0.9,"ONON":0.9,".IXIC":0.9,"PRCT":0.9,"SRAD":0.9,"DH":0.9,".SPX":0.9,"FORG":0.9,"DICE":0.9,"EZFL":0.9,"TWKS":0.9,"BROS":0.9,"TYRA":0.9}},"isVote":1,"tweetType":1,"viewCount":709,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"hots":[{"id":830020460,"gmtCreate":1628994483850,"gmtModify":1633688105647,"author":{"id":"4087691982117120","authorId":"4087691982117120","name":"triu","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"4087691982117120","idStr":"4087691982117120"},"themes":[],"htmlText":"Like","listText":"Like","text":"Like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":7,"repostSize":0,"link":"https://laohu8.com/post/830020460","repostId":"2159321288","repostType":4,"repost":{"id":"2159321288","kind":"news","weMediaInfo":{"introduction":"Stock Market Quotes, Business News, Financial News, Trading Ideas, and Stock Research by Professionals","home_visible":0,"media_name":"Benzinga","id":"1052270027","head_image":"https://static.tigerbbs.com/d08bf7808052c0ca9deb4e944cae32aa"},"pubTimestamp":1628990553,"share":"https://www.laohu8.com/m/news/2159321288?lang=zh_CN&edition=full","pubTime":"2021-08-15 09:22","market":"us","language":"en","title":"Why Regulatory Risk Is A Silver Lining For Apple And Google<blockquote>为什么监管风险对苹果和谷歌来说是一线希望</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=2159321288","media":"Benzinga","summary":"The threat of regulation has been looming over big tech giants such as Apple Inc. (NASDAQ: AAPL) and","content":"<p>The threat of regulation has been looming over big tech giants such as <b>Apple Inc. </b>(NASDAQ: AAPL) and <b>Alphabet Inc. </b>(NASDAQ: GOOGL) (NASDAQ: GOOG) over the past three years.</p><p><blockquote>监管的威胁一直笼罩着大型科技巨头，例如<b>苹果公司。</b>（纳斯达克：AAPL）和<b>Alphabet公司。</b>（纳斯达克：GOOGL）（纳斯达克：GOOG）过去三年。</blockquote></p><p> With a bill seeking broader changes in the way Apple and Google operate their respective app stores introduced this week, Loup Funds Managing Partner Gene Munster offered his take on what is in store for these companies.</p><p><blockquote>随着本周推出的一项法案寻求对苹果和谷歌运营各自应用商店的方式进行更广泛的改变，Loup Funds管理合伙人吉恩·蒙斯特(Gene Munster)提出了他对这些公司未来的看法。</blockquote></p><p> <b>What the New Legislation Is All About: </b> The changes proposed by the legislation calls for allowing third-party app stores with the App Store and Google Play store, Munster noted. Both companies are also called to allow app developers to explicitly advertise within apps, so that consumers can subscribe and make purchases outside of the App Store or the Google Play Store, he added.</p><p><blockquote><b>新立法的内容是：</b>明斯特指出，评级立法提出的允许第三方应用商店与App Store和谷歌Play商店合作的变化。他补充说，两家公司还被要求允许应用程序开发者在应用程序内明确做广告，以便消费者可以在App Store或Google Play商店之外订阅和购买。</blockquote></p><p> This will help avoiding the 30% take rate on in-app purchases, the analyst said.</p><p><blockquote>分析师表示，这将有助于避免应用内购买30%的采用率。</blockquote></p><p> The proposed bill will have to be approved by the House and Senate before becoming law, Munster said.</p><p><blockquote>明斯特说，拟议的法案在成为法律之前必须得到众议院和参议院的批准。</blockquote></p><p> <b>Regulation Not Automatically Negative: </b> The end result of regulation is not automatically negative for big tech, given unintended consequences often occur when incentives change, Munster said.</p><p><blockquote><b>调节不自动为负：</b>蒙斯特表示，监管的最终结果不会自动对大型科技公司产生负面影响，因为当激励措施发生变化时，往往会出现意想不到的后果。</blockquote></p><p> Even if Apple buckles under pressure and reduces its take rate from 30% to 10% - a possibility which is unlikely – it could still make more money ultimately, the analyst said. A reduction in fees will likely spur greater growth in the app development ecosystem, he added.</p><p><blockquote>分析师表示，即使苹果在压力下屈服，将接受率从30%降至10%（这种可能性不太可能），它最终仍可能赚更多钱。他补充说，费用的降低可能会刺激应用程序开发生态系统的更大增长。</blockquote></p><p> Apple and Google, according to the analyst, have the stronger case, given they created their mobile app stores and are responsible for maintaining them, the analyst said. They, therefore, should have control over how things are curated and distributed within the stores, he added.</p><p><blockquote>分析师表示，苹果和谷歌拥有更强的理由，因为它们创建了自己的移动应用商店并负责维护这些商店。他补充说，因此，他们应该控制商店内商品的策划和分销方式。</blockquote></p><p> Additionally, opening the iPhone to third-party app stores, the analyst said, will weaken security and privacy, thereby harming consumers.</p><p><blockquote>此外，该分析师表示，向第三方应用商店开放iPhone将削弱安全性和隐私，从而损害消费者。</blockquote></p><p> <b>Munster's Take On Potential Regulation: </b> The likelihood of radical regulation as low, Munster said. If any regulations do&nbsp;materialize, the most likely outcome is that Apple and Google will be forced to remove their anti-steering clauses, thereby allowing publishers to advertise payment options outside of the default in-app payment systems, the analyst said.</p><p><blockquote><b>明斯特对潜在监管的看法：</b>明斯特说，激进监管的可能性很低。该分析师表示，如果任何法规真的成为现实，最有可能的结果是苹果和谷歌将被迫删除其反转向条款，从而允许出版商在默认的应用内支付系统之外宣传支付选项。</blockquote></p><p> \"This would have limited impact on consumer app store engagement given the easiest way to manage app spending will be to remain inside the respective walled gardens,\" the analyst concluded.</p><p><blockquote>这位分析师总结道：“这对消费者应用商店参与度的影响有限，因为管理应用支出最简单的方法是留在各自的围墙花园里。”</blockquote></p><p> Apple closed Friday's session down 0.14% at $149.10 and Google ended nearly flat at $2,768.12.</p><p><blockquote>苹果周五收盘下跌0.14%，至149.10美元，谷歌收盘几乎持平，至2,768.12美元。</blockquote></p><p> Latest Ratings for AAPL</p><p><blockquote>AAPL的最新评级</blockquote></p><p> <table>  <tbody>   <tr>    <th>Date</th>    <th>Firm</th>    <th>Action</th>    <th>From</th>    <th>To</th>   </tr>  </tbody>  <tbody>   <tr>    <td>Jul 2021</td>    <td>Loop Capital</td>    <td>Maintains</td>    <td></td>    <td>Buy</td>   </tr>   <tr>    <td>Jul 2021</td>    <td>Deutsche Bank</td>    <td>Maintains</td>    <td></td>    <td>Buy</td>   </tr>   <tr>    <td>Jul 2021</td>    <td>Piper Sandler</td>    <td>Maintains</td>    <td></td>    <td>Overweight</td>   </tr>  </tbody> </table></p><p><blockquote><table><tbody><tr><th>日期</th><th>公司</th><th>行动</th><th>来自</th><th>到</th></tr></tbody><tbody><tr><td>2021年7月</td><td>循环资本</td><td>维护</td><td></td><td>购买</td></tr><tr><td>2021年7月</td><td>德意志银行</td><td>维护</td><td></td><td>购买</td></tr><tr><td>2021年7月</td><td>派珀·桑德勒</td><td>维护</td><td></td><td>跑赢大盘</td></tr></tbody></table></blockquote></p><p></p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Why Regulatory Risk Is A Silver Lining For Apple And Google<blockquote>为什么监管风险对苹果和谷歌来说是一线希望</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; 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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 Regulatory Risk Is A Silver Lining For Apple And Google<blockquote>为什么监管风险对苹果和谷歌来说是一线希望</blockquote>\n</h2>\n<h4 class=\"meta\">\n<div class=\"head\" \">\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/d08bf7808052c0ca9deb4e944cae32aa);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Benzinga </p>\n<p class=\"h-time smaller\">2021-08-15 09:22</p>\n</div>\n</div>\n</h4>\n</header>\n<article>\n<p>The threat of regulation has been looming over big tech giants such as <b>Apple Inc. </b>(NASDAQ: AAPL) and <b>Alphabet Inc. </b>(NASDAQ: GOOGL) (NASDAQ: GOOG) over the past three years.</p><p><blockquote>监管的威胁一直笼罩着大型科技巨头，例如<b>苹果公司。</b>（纳斯达克：AAPL）和<b>Alphabet公司。</b>（纳斯达克：GOOGL）（纳斯达克：GOOG）过去三年。</blockquote></p><p> With a bill seeking broader changes in the way Apple and Google operate their respective app stores introduced this week, Loup Funds Managing Partner Gene Munster offered his take on what is in store for these companies.</p><p><blockquote>随着本周推出的一项法案寻求对苹果和谷歌运营各自应用商店的方式进行更广泛的改变，Loup Funds管理合伙人吉恩·蒙斯特(Gene Munster)提出了他对这些公司未来的看法。</blockquote></p><p> <b>What the New Legislation Is All About: </b> The changes proposed by the legislation calls for allowing third-party app stores with the App Store and Google Play store, Munster noted. Both companies are also called to allow app developers to explicitly advertise within apps, so that consumers can subscribe and make purchases outside of the App Store or the Google Play Store, he added.</p><p><blockquote><b>新立法的内容是：</b>明斯特指出，评级立法提出的允许第三方应用商店与App Store和谷歌Play商店合作的变化。他补充说，两家公司还被要求允许应用程序开发者在应用程序内明确做广告，以便消费者可以在App Store或Google Play商店之外订阅和购买。</blockquote></p><p> This will help avoiding the 30% take rate on in-app purchases, the analyst said.</p><p><blockquote>分析师表示，这将有助于避免应用内购买30%的采用率。</blockquote></p><p> The proposed bill will have to be approved by the House and Senate before becoming law, Munster said.</p><p><blockquote>明斯特说，拟议的法案在成为法律之前必须得到众议院和参议院的批准。</blockquote></p><p> <b>Regulation Not Automatically Negative: </b> The end result of regulation is not automatically negative for big tech, given unintended consequences often occur when incentives change, Munster said.</p><p><blockquote><b>调节不自动为负：</b>蒙斯特表示，监管的最终结果不会自动对大型科技公司产生负面影响，因为当激励措施发生变化时，往往会出现意想不到的后果。</blockquote></p><p> Even if Apple buckles under pressure and reduces its take rate from 30% to 10% - a possibility which is unlikely – it could still make more money ultimately, the analyst said. A reduction in fees will likely spur greater growth in the app development ecosystem, he added.</p><p><blockquote>分析师表示，即使苹果在压力下屈服，将接受率从30%降至10%（这种可能性不太可能），它最终仍可能赚更多钱。他补充说，费用的降低可能会刺激应用程序开发生态系统的更大增长。</blockquote></p><p> Apple and Google, according to the analyst, have the stronger case, given they created their mobile app stores and are responsible for maintaining them, the analyst said. They, therefore, should have control over how things are curated and distributed within the stores, he added.</p><p><blockquote>分析师表示，苹果和谷歌拥有更强的理由，因为它们创建了自己的移动应用商店并负责维护这些商店。他补充说，因此，他们应该控制商店内商品的策划和分销方式。</blockquote></p><p> Additionally, opening the iPhone to third-party app stores, the analyst said, will weaken security and privacy, thereby harming consumers.</p><p><blockquote>此外，该分析师表示，向第三方应用商店开放iPhone将削弱安全性和隐私，从而损害消费者。</blockquote></p><p> <b>Munster's Take On Potential Regulation: </b> The likelihood of radical regulation as low, Munster said. If any regulations do&nbsp;materialize, the most likely outcome is that Apple and Google will be forced to remove their anti-steering clauses, thereby allowing publishers to advertise payment options outside of the default in-app payment systems, the analyst said.</p><p><blockquote><b>明斯特对潜在监管的看法：</b>明斯特说，激进监管的可能性很低。该分析师表示，如果任何法规真的成为现实，最有可能的结果是苹果和谷歌将被迫删除其反转向条款，从而允许出版商在默认的应用内支付系统之外宣传支付选项。</blockquote></p><p> \"This would have limited impact on consumer app store engagement given the easiest way to manage app spending will be to remain inside the respective walled gardens,\" the analyst concluded.</p><p><blockquote>这位分析师总结道：“这对消费者应用商店参与度的影响有限，因为管理应用支出最简单的方法是留在各自的围墙花园里。”</blockquote></p><p> Apple closed Friday's session down 0.14% at $149.10 and Google ended nearly flat at $2,768.12.</p><p><blockquote>苹果周五收盘下跌0.14%，至149.10美元，谷歌收盘几乎持平，至2,768.12美元。</blockquote></p><p> Latest Ratings for AAPL</p><p><blockquote>AAPL的最新评级</blockquote></p><p> <table>  <tbody>   <tr>    <th>Date</th>    <th>Firm</th>    <th>Action</th>    <th>From</th>    <th>To</th>   </tr>  </tbody>  <tbody>   <tr>    <td>Jul 2021</td>    <td>Loop Capital</td>    <td>Maintains</td>    <td></td>    <td>Buy</td>   </tr>   <tr>    <td>Jul 2021</td>    <td>Deutsche Bank</td>    <td>Maintains</td>    <td></td>    <td>Buy</td>   </tr>   <tr>    <td>Jul 2021</td>    <td>Piper Sandler</td>    <td>Maintains</td>    <td></td>    <td>Overweight</td>   </tr>  </tbody> </table></p><p><blockquote><table><tbody><tr><th>日期</th><th>公司</th><th>行动</th><th>来自</th><th>到</th></tr></tbody><tbody><tr><td>2021年7月</td><td>循环资本</td><td>维护</td><td></td><td>购买</td></tr><tr><td>2021年7月</td><td>德意志银行</td><td>维护</td><td></td><td>购买</td></tr><tr><td>2021年7月</td><td>派珀·桑德勒</td><td>维护</td><td></td><td>跑赢大盘</td></tr></tbody></table></blockquote></p><p></p>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"GOOGL":"谷歌A","AAPL":"苹果","GOOG":"谷歌"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2159321288","content_text":"The threat of regulation has been looming over big tech giants such as Apple Inc. (NASDAQ: AAPL) and Alphabet Inc. (NASDAQ: GOOGL) (NASDAQ: GOOG) over the past three years.\nWith a bill seeking broader changes in the way Apple and Google operate their respective app stores introduced this week, Loup Funds Managing Partner Gene Munster offered his take on what is in store for these companies.\nWhat the New Legislation Is All About:  The changes proposed by the legislation calls for allowing third-party app stores with the App Store and Google Play store, Munster noted. Both companies are also called to allow app developers to explicitly advertise within apps, so that consumers can subscribe and make purchases outside of the App Store or the Google Play Store, he added.\nThis will help avoiding the 30% take rate on in-app purchases, the analyst said.\nThe proposed bill will have to be approved by the House and Senate before becoming law, Munster said.\nRegulation Not Automatically Negative:  The end result of regulation is not automatically negative for big tech, given unintended consequences often occur when incentives change, Munster said.\nEven if Apple buckles under pressure and reduces its take rate from 30% to 10% - a possibility which is unlikely – it could still make more money ultimately, the analyst said. A reduction in fees will likely spur greater growth in the app development ecosystem, he added.\nApple and Google, according to the analyst, have the stronger case, given they created their mobile app stores and are responsible for maintaining them, the analyst said. They, therefore, should have control over how things are curated and distributed within the stores, he added.\nAdditionally, opening the iPhone to third-party app stores, the analyst said, will weaken security and privacy, thereby harming consumers.\nMunster's Take On Potential Regulation:  The likelihood of radical regulation as low, Munster said. If any regulations do materialize, the most likely outcome is that Apple and Google will be forced to remove their anti-steering clauses, thereby allowing publishers to advertise payment options outside of the default in-app payment systems, the analyst said.\n\"This would have limited impact on consumer app store engagement given the easiest way to manage app spending will be to remain inside the respective walled gardens,\" the analyst concluded.\nApple closed Friday's session down 0.14% at $149.10 and Google ended nearly flat at $2,768.12.\nLatest Ratings for AAPL\n\n\n\nDate\nFirm\nAction\nFrom\nTo\n\n\n\n\nJul 2021\nLoop Capital\nMaintains\n\nBuy\n\n\nJul 2021\nDeutsche Bank\nMaintains\n\nBuy\n\n\nJul 2021\nPiper Sandler\nMaintains\n\nOverweight","news_type":1,"symbols_score_info":{"GOOG":0.9,"GOOGL":0.9,"AAPL":0.9}},"isVote":1,"tweetType":1,"viewCount":531,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":805199808,"gmtCreate":1627864129904,"gmtModify":1633755882577,"author":{"id":"4087691982117120","authorId":"4087691982117120","name":"triu","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"4087691982117120","idStr":"4087691982117120"},"themes":[],"htmlText":"Like","listText":"Like","text":"Like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":7,"commentSize":4,"repostSize":0,"link":"https://laohu8.com/post/805199808","repostId":"1170689665","repostType":4,"repost":{"id":"1170689665","kind":"news","weMediaInfo":{"introduction":"Providing stock market headlines, business news, financials and earnings ","home_visible":1,"media_name":"Tiger Newspress","id":"1079075236","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"pubTimestamp":1627857540,"share":"https://www.laohu8.com/m/news/1170689665?lang=zh_CN&edition=full","pubTime":"2021-08-02 06:39","market":"us","language":"en","title":"Alibaba,Uber, DraftKings, GM, Roku, EA, ViacomCBS, and Other Stocks for Investors to Watch This Week<blockquote>阿里巴巴-SW、Uber、DraftKings、通用汽车、Roku、EA、ViacomCBS等本周值得投资者关注的股票</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1170689665","media":"Tiger Newspress","summary":"The parade of second-quarter results continues this week. No fewer than 143 S&P 500 companies are on deck to report, in addition to hundreds of small caps. Ferrari, Vornado Realty Trust, Take-Two Interactive Software, and Simon Property Group will get the ball rolling on Monday. Then Lyft, Alibaba Group Holding, Nikola, Under Armour, Eli Lilly, and ConocoPhillips release their results on Tuesday.Wednesday will be particularly busy:General Motors,Uber Technologies,Etsy,Electronic Arts,Western Dig","content":"<p>The parade of second-quarter results continues this week. No fewer than 143 S&amp;P 500 companies are on deck to report, in addition to hundreds of small caps. Ferrari, Vornado Realty Trust, Take-Two Interactive Software, and Simon Property Group will get the ball rolling on Monday. Then Lyft, Alibaba Group Holding, Nikola, Under Armour, Eli Lilly, and ConocoPhillips release their results on Tuesday.</p><p><blockquote>第二季度业绩本周继续公布。除了数百家小盘股外，至少有143家标普500公司即将发布报告。法拉利、Vornado Realty Trust、Take-Two Interactive Software和Simon Property Group将于周一开始行动。随后，Lyft、阿里巴巴-SW集团控股、尼古拉、安德玛、礼来公司和康菲石油公司将于周二发布业绩。</blockquote></p><p> Wednesday will be particularly busy:General Motors,Uber Technologies,Etsy,Electronic Arts,Western Digital,Roku,CVS Health,Kraft Heinz, and SoftBank all report.Beyond Meat,Yelp,Wayfair, Moderna, and&nbsp;ViacomCBS&nbsp;go on Thursday and&nbsp;DraftKings,Canopy Growth,and Tripadvisor will close the week on Friday.Chinese Education Corporation&nbsp;New Oriental Education &amp; Technology Group Inc. and&nbsp;TAL Education Group&nbsp;cancels scheduled earnings release and earnings call.</p><p><blockquote>周三将特别繁忙：通用汽车、Uber Technologies、Etsy、艺电、西部数据、Roku、CVS Health、卡夫亨氏和软银都有报告。Beyond Meat、Yelp、Wayfair、Moderna和ViacomCBS将于周四上市，DraftKings、Canopy Growth和猫途鹰将于周五结束本周。中国教育企业新东方教育科技集团有限公司和好未来教育集团取消原定的财报发布和财报看涨期权。</blockquote></p><p> <img src=\"https://static.tigerbbs.com/94057bf11ca8d7311db6c075ba98727b\" tg-width=\"1706\" tg-height=\"740\" referrerpolicy=\"no-referrer\"></p><p><blockquote></blockquote></p><p> The highlight on the&nbsp;economic&nbsp;calendar this week will be Jobs Friday. The Bureau of Labor Statistics is expected to show a gain of 625,000 nonfarm payrolls in July, following June’s 850,000. The unemployment rate is seen holding just below 6%.</p><p><blockquote>本周经济日历上的亮点将是周五的就业。美国劳工统计局预计7月份非农就业人数将增加625,000人，而6月份为850,000人。失业率预计将保持在6%以下。</blockquote></p><p> Other data out this week include the Institute for Supply Management’s Manufacturing Purchasing Managers’ Index for July on Monday, followed by the Services equivalent on Wednesday. Both measures of economic activity are forecast to come in at around 61, which would signify strong expansion.</p><p><blockquote>本周公布的其他数据包括供应管理协会周一公布的7月份制造业采购经理人指数，随后是周三公布的服务业采购经理人指数。这两项经济活动指标预计都在61左右，这意味着强劲的扩张。</blockquote></p><p> <b>Monday 8/2</b></p><p><blockquote><b>星期一8/2</b></blockquote></p><p> CNA Financial,Global Payments,JELD-WEN Holding,Loews,Arista Networks,Leggett &amp; Platt,Vornado Realty Trust, ZoomInfo Technologies, Woodward, Take-Two Interactive Software, Heineken, Trex, Ferrari,Ultra Clean Holdings,and Simon Property Group are expected to release financial results.</p><p><blockquote>CNA Financial、Global Payments、JELD-WEN Holding、Loews、Arista Networks、Leggett&amp;Platt、Vornado Realty Trust、ZoomInfo Technologies、Woodward、Take-Two Interactive Software、喜力、Trex、法拉利、Ultra Clean Holdings和Simon Property Group预计将发布财务业绩。</blockquote></p><p> GE stock&nbsp;will open for trading Monday at about $104 a share, after closing Friday at $12.95. The company completed its 1-for-8 reverse stock split Friday evening.</p><p><blockquote>通用电气股票周一开盘价约为每股104美元，周五收盘价为12.95美元。该公司周五晚上完成了8股1股的反向股票分割。</blockquote></p><p> <b>The Institute for Supply</b>&nbsp;Management releases its Manufacturing Purchasing Managers’ Index for July. Consensus estimate is for a 60.8 reading, up from 60.6 in June.</p><p><blockquote><b>供应研究所</b>管理层发布7月份制造业采购经理人指数。普遍预期为60.8，高于6月份的60.6。</blockquote></p><p> <b>The Census Bureau</b>&nbsp;reports construction spending for June. Expectations are for a 0.4% month-over-month rise, after a 0.3% decline in May.</p><p><blockquote><b>人口普查局</b>报告6月份建筑支出。继5月份下降0.3%后，预计环比增长0.4%。</blockquote></p><p> <b>Tuesday 8/3</b></p><p><blockquote><b>星期二8/3</b></blockquote></p><p> Eaton, BP, Under Armour, Lyft,Clorox,Amgen,Akamai Technologies,Cummins, Eli Lilly, Alibaba Group Holding, Nikola, EnPro Industries,Warner Music Group,Pitney Bowes,Tennant,Phillips 66,KKR,Gartner,Henry Schein,Dun &amp; Bradstreet Holdings,ConocoPhillips, and&nbsp;Jacobs Engineering Grouphost conference calls to discuss financial results.</p><p><blockquote>Eaton、BP、Under Armour、Lyft、Clorox、Amgen、Akamai Technologies、Cummins、Eli Lilly、阿里巴巴-SW集团控股、Nikola、EnPro Industries、Warner Music Group、Pitney Bowes、Tennant、Phillips 66、KKR、Gartner、Henry Schein、Dun&amp;Bradstreet Holdings、ConocoPhillips和Jacobs Engineering Group在评级召开会议讨论财务业绩。</blockquote></p><p> <b>The Census Bureau</b>&nbsp;is slated to report factory orders for June. Economists predict that orders increased 1.0% during the month, compared with a 1.7% rise in May.</p><p><blockquote><b>人口普查局</b>预计将报告6月份的工厂订单。经济学家预测当月订单增长1.0%，而5月份为增长1.7%。</blockquote></p><p> <b>Wednesday 8/4</b></p><p><blockquote><b>星期三8/4</b></blockquote></p><p> Sony Group,CVS Health, Kraft Heinz, SoftBank, General Motors, Progressive, Etsy, Electronic Arts, Western Digital, Uber Technologies, Roku,MGM Resorts International,Fox, and Re/Max Holdings are expected to host earnings calls.</p><p><blockquote>Sony Group、CVS Health、卡夫亨氏、软银、General Motors、Progressive、Etsy、Electronic Arts、Western Digital、Uber Technologies、Roku、MGM Resorts International、Fox和Re/Max Holdings预计将举行财报评级。</blockquote></p><p> <b>The Bureau of Economic</b>&nbsp;Analysis reports light-vehicle sales for July. Expectations call for a seasonally adjusted annual rate of 15.3 million vehicles, versus 15.4 million in June.</p><p><blockquote><b>经济局</b>分析报告7月份轻型汽车销量。预计看涨期权经季节调整后的年产量为1530万辆，而6月份为1540万辆。</blockquote></p><p> <b>The ISM releases</b>&nbsp;its Services PMI for July. Consensus estimate is for a 60.8 reading, compared with June’s 60.1.</p><p><blockquote><b>ISM发布</b>7月份服务业PMI。普遍预期为60.8，而6月份为60.1。</blockquote></p><p> <b>ADP releases</b>&nbsp;its National Employment report for July. Consensus estimate is for a 635,000 gain in nonfarm private-sector employment, following an increase of 692,000 in June.</p><p><blockquote><b>ADP释放</b>七月份全国就业报告。市场普遍估计非农私营部门就业人数将增加635,000人，6月份增加692,000人。</blockquote></p><p> <b>Thursday 8/5</b></p><p><blockquote><b>星期四8/5</b></blockquote></p><p> Zillow Group,Beyond Meat, Yelp, Wayfair, Kellogg,Bayer,HanesBrands, Moderna,Regeneron Pharmaceuticals,Switch,Cushman &amp; Wakefield,ViacomCBS,Cigna,Duke Energy,Square,News Corp,and&nbsp;Siemensare expected to report financial results.</p><p><blockquote>Zillow Group、Beyond Meat、Yelp、Wayfair、Kellogg、Bayer、HanesBrands、Moderna、Regeneron Pharmaceuticals、Switch、Cushman&amp;Wakefield、ViacomCBS、Cigna、Duke Energy、Square、新闻集团和西门子预计将公布财务业绩。</blockquote></p><p> Friday 8/6</p><p><blockquote>星期五8/6</blockquote></p><p> <b>The BLS releases the jobs report</b>&nbsp;for July. Economists forecast a 800,000 rise in nonfarm payrolls, after an 850,000 gain in June. The unemployment rate is expected to edge down to 5.8% from 5.9%.</p><p><blockquote><b>美国劳工统计局发布就业报告</b>为了七月。经济学家预测，继6月份非农就业人数增加85万人之后，非农就业人数将增加80万人。失业率预计将从5.9%小幅降至5.8%。</blockquote></p><p> DraftKings,Dominion Energy,Gannett,MGM Growth Properties,AMC Networks,Canopy Growth, Tripadvisor,Spectrum Brands Holdings,E.W. Scripps,Cinemark Holdings, and Manitowoc host conference calls to discuss financial results.</p><p><blockquote>DraftKings、Dominion Energy、Gannett、MGM Growth Properties、AMC Networks、Canopy Growth、猫途鹰、Spectrum Brands Holdings、E.WScripps、Cinemark Holdings和Manitowoc在评级主办会议讨论财务业绩。</blockquote></p><p></p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Alibaba,Uber, DraftKings, GM, Roku, EA, ViacomCBS, and Other Stocks for Investors to Watch This Week<blockquote>阿里巴巴-SW、Uber、DraftKings、通用汽车、Roku、EA、ViacomCBS等本周值得投资者关注的股票</blockquote></title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 12.5px; color: #7E829C; margin: 0;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nAlibaba,Uber, DraftKings, GM, Roku, EA, ViacomCBS, and Other Stocks for Investors to Watch This Week<blockquote>阿里巴巴-SW、Uber、DraftKings、通用汽车、Roku、EA、ViacomCBS等本周值得投资者关注的股票</blockquote>\n</h2>\n<h4 class=\"meta\">\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time smaller\">2021-08-02 06:39</p>\n</div>\n</a>\n</h4>\n</header>\n<article>\n<p>The parade of second-quarter results continues this week. No fewer than 143 S&amp;P 500 companies are on deck to report, in addition to hundreds of small caps. Ferrari, Vornado Realty Trust, Take-Two Interactive Software, and Simon Property Group will get the ball rolling on Monday. Then Lyft, Alibaba Group Holding, Nikola, Under Armour, Eli Lilly, and ConocoPhillips release their results on Tuesday.</p><p><blockquote>第二季度业绩本周继续公布。除了数百家小盘股外，至少有143家标普500公司即将发布报告。法拉利、Vornado Realty Trust、Take-Two Interactive Software和Simon Property Group将于周一开始行动。随后，Lyft、阿里巴巴-SW集团控股、尼古拉、安德玛、礼来公司和康菲石油公司将于周二发布业绩。</blockquote></p><p> Wednesday will be particularly busy:General Motors,Uber Technologies,Etsy,Electronic Arts,Western Digital,Roku,CVS Health,Kraft Heinz, and SoftBank all report.Beyond Meat,Yelp,Wayfair, Moderna, and&nbsp;ViacomCBS&nbsp;go on Thursday and&nbsp;DraftKings,Canopy Growth,and Tripadvisor will close the week on Friday.Chinese Education Corporation&nbsp;New Oriental Education &amp; Technology Group Inc. and&nbsp;TAL Education Group&nbsp;cancels scheduled earnings release and earnings call.</p><p><blockquote>周三将特别繁忙：通用汽车、Uber Technologies、Etsy、艺电、西部数据、Roku、CVS Health、卡夫亨氏和软银都有报告。Beyond Meat、Yelp、Wayfair、Moderna和ViacomCBS将于周四上市，DraftKings、Canopy Growth和猫途鹰将于周五结束本周。中国教育企业新东方教育科技集团有限公司和好未来教育集团取消原定的财报发布和财报看涨期权。</blockquote></p><p> <img src=\"https://static.tigerbbs.com/94057bf11ca8d7311db6c075ba98727b\" tg-width=\"1706\" tg-height=\"740\" referrerpolicy=\"no-referrer\"></p><p><blockquote></blockquote></p><p> The highlight on the&nbsp;economic&nbsp;calendar this week will be Jobs Friday. The Bureau of Labor Statistics is expected to show a gain of 625,000 nonfarm payrolls in July, following June’s 850,000. The unemployment rate is seen holding just below 6%.</p><p><blockquote>本周经济日历上的亮点将是周五的就业。美国劳工统计局预计7月份非农就业人数将增加625,000人，而6月份为850,000人。失业率预计将保持在6%以下。</blockquote></p><p> Other data out this week include the Institute for Supply Management’s Manufacturing Purchasing Managers’ Index for July on Monday, followed by the Services equivalent on Wednesday. Both measures of economic activity are forecast to come in at around 61, which would signify strong expansion.</p><p><blockquote>本周公布的其他数据包括供应管理协会周一公布的7月份制造业采购经理人指数，随后是周三公布的服务业采购经理人指数。这两项经济活动指标预计都在61左右，这意味着强劲的扩张。</blockquote></p><p> <b>Monday 8/2</b></p><p><blockquote><b>星期一8/2</b></blockquote></p><p> CNA Financial,Global Payments,JELD-WEN Holding,Loews,Arista Networks,Leggett &amp; Platt,Vornado Realty Trust, ZoomInfo Technologies, Woodward, Take-Two Interactive Software, Heineken, Trex, Ferrari,Ultra Clean Holdings,and Simon Property Group are expected to release financial results.</p><p><blockquote>CNA Financial、Global Payments、JELD-WEN Holding、Loews、Arista Networks、Leggett&amp;Platt、Vornado Realty Trust、ZoomInfo Technologies、Woodward、Take-Two Interactive Software、喜力、Trex、法拉利、Ultra Clean Holdings和Simon Property Group预计将发布财务业绩。</blockquote></p><p> GE stock&nbsp;will open for trading Monday at about $104 a share, after closing Friday at $12.95. The company completed its 1-for-8 reverse stock split Friday evening.</p><p><blockquote>通用电气股票周一开盘价约为每股104美元，周五收盘价为12.95美元。该公司周五晚上完成了8股1股的反向股票分割。</blockquote></p><p> <b>The Institute for Supply</b>&nbsp;Management releases its Manufacturing Purchasing Managers’ Index for July. Consensus estimate is for a 60.8 reading, up from 60.6 in June.</p><p><blockquote><b>供应研究所</b>管理层发布7月份制造业采购经理人指数。普遍预期为60.8，高于6月份的60.6。</blockquote></p><p> <b>The Census Bureau</b>&nbsp;reports construction spending for June. Expectations are for a 0.4% month-over-month rise, after a 0.3% decline in May.</p><p><blockquote><b>人口普查局</b>报告6月份建筑支出。继5月份下降0.3%后，预计环比增长0.4%。</blockquote></p><p> <b>Tuesday 8/3</b></p><p><blockquote><b>星期二8/3</b></blockquote></p><p> Eaton, BP, Under Armour, Lyft,Clorox,Amgen,Akamai Technologies,Cummins, Eli Lilly, Alibaba Group Holding, Nikola, EnPro Industries,Warner Music Group,Pitney Bowes,Tennant,Phillips 66,KKR,Gartner,Henry Schein,Dun &amp; Bradstreet Holdings,ConocoPhillips, and&nbsp;Jacobs Engineering Grouphost conference calls to discuss financial results.</p><p><blockquote>Eaton、BP、Under Armour、Lyft、Clorox、Amgen、Akamai Technologies、Cummins、Eli Lilly、阿里巴巴-SW集团控股、Nikola、EnPro Industries、Warner Music Group、Pitney Bowes、Tennant、Phillips 66、KKR、Gartner、Henry Schein、Dun&amp;Bradstreet Holdings、ConocoPhillips和Jacobs Engineering Group在评级召开会议讨论财务业绩。</blockquote></p><p> <b>The Census Bureau</b>&nbsp;is slated to report factory orders for June. Economists predict that orders increased 1.0% during the month, compared with a 1.7% rise in May.</p><p><blockquote><b>人口普查局</b>预计将报告6月份的工厂订单。经济学家预测当月订单增长1.0%，而5月份为增长1.7%。</blockquote></p><p> <b>Wednesday 8/4</b></p><p><blockquote><b>星期三8/4</b></blockquote></p><p> Sony Group,CVS Health, Kraft Heinz, SoftBank, General Motors, Progressive, Etsy, Electronic Arts, Western Digital, Uber Technologies, Roku,MGM Resorts International,Fox, and Re/Max Holdings are expected to host earnings calls.</p><p><blockquote>Sony Group、CVS Health、卡夫亨氏、软银、General Motors、Progressive、Etsy、Electronic Arts、Western Digital、Uber Technologies、Roku、MGM Resorts International、Fox和Re/Max Holdings预计将举行财报评级。</blockquote></p><p> <b>The Bureau of Economic</b>&nbsp;Analysis reports light-vehicle sales for July. Expectations call for a seasonally adjusted annual rate of 15.3 million vehicles, versus 15.4 million in June.</p><p><blockquote><b>经济局</b>分析报告7月份轻型汽车销量。预计看涨期权经季节调整后的年产量为1530万辆，而6月份为1540万辆。</blockquote></p><p> <b>The ISM releases</b>&nbsp;its Services PMI for July. Consensus estimate is for a 60.8 reading, compared with June’s 60.1.</p><p><blockquote><b>ISM发布</b>7月份服务业PMI。普遍预期为60.8，而6月份为60.1。</blockquote></p><p> <b>ADP releases</b>&nbsp;its National Employment report for July. Consensus estimate is for a 635,000 gain in nonfarm private-sector employment, following an increase of 692,000 in June.</p><p><blockquote><b>ADP释放</b>七月份全国就业报告。市场普遍估计非农私营部门就业人数将增加635,000人，6月份增加692,000人。</blockquote></p><p> <b>Thursday 8/5</b></p><p><blockquote><b>星期四8/5</b></blockquote></p><p> Zillow Group,Beyond Meat, Yelp, Wayfair, Kellogg,Bayer,HanesBrands, Moderna,Regeneron Pharmaceuticals,Switch,Cushman &amp; Wakefield,ViacomCBS,Cigna,Duke Energy,Square,News Corp,and&nbsp;Siemensare expected to report financial results.</p><p><blockquote>Zillow Group、Beyond Meat、Yelp、Wayfair、Kellogg、Bayer、HanesBrands、Moderna、Regeneron Pharmaceuticals、Switch、Cushman&amp;Wakefield、ViacomCBS、Cigna、Duke Energy、Square、新闻集团和西门子预计将公布财务业绩。</blockquote></p><p> Friday 8/6</p><p><blockquote>星期五8/6</blockquote></p><p> <b>The BLS releases the jobs report</b>&nbsp;for July. Economists forecast a 800,000 rise in nonfarm payrolls, after an 850,000 gain in June. The unemployment rate is expected to edge down to 5.8% from 5.9%.</p><p><blockquote><b>美国劳工统计局发布就业报告</b>为了七月。经济学家预测，继6月份非农就业人数增加85万人之后，非农就业人数将增加80万人。失业率预计将从5.9%小幅降至5.8%。</blockquote></p><p> DraftKings,Dominion Energy,Gannett,MGM Growth Properties,AMC Networks,Canopy Growth, Tripadvisor,Spectrum Brands Holdings,E.W. Scripps,Cinemark Holdings, and Manitowoc host conference calls to discuss financial results.</p><p><blockquote>DraftKings、Dominion Energy、Gannett、MGM Growth Properties、AMC Networks、Canopy Growth、猫途鹰、Spectrum Brands Holdings、E.WScripps、Cinemark Holdings和Manitowoc在评级主办会议讨论财务业绩。</blockquote></p><p></p>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"GM":"通用汽车","EA":"艺电",".IXIC":"NASDAQ Composite","ROKU":"Roku Inc","GE":"GE航空航天","BABA":"阿里巴巴","DKNG":"DraftKings Inc.","UBER":"优步",".SPX":"S&P 500 Index",".DJI":"道琼斯"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1170689665","content_text":"The parade of second-quarter results continues this week. No fewer than 143 S&P 500 companies are on deck to report, in addition to hundreds of small caps. Ferrari, Vornado Realty Trust, Take-Two Interactive Software, and Simon Property Group will get the ball rolling on Monday. Then Lyft, Alibaba Group Holding, Nikola, Under Armour, Eli Lilly, and ConocoPhillips release their results on Tuesday.\nWednesday will be particularly busy:General Motors,Uber Technologies,Etsy,Electronic Arts,Western Digital,Roku,CVS Health,Kraft Heinz, and SoftBank all report.Beyond Meat,Yelp,Wayfair, Moderna, and ViacomCBS go on Thursday and DraftKings,Canopy Growth,and Tripadvisor will close the week on Friday.Chinese Education Corporation New Oriental Education & Technology Group Inc. and TAL Education Group cancels scheduled earnings release and earnings call.\n\nThe highlight on the economic calendar this week will be Jobs Friday. The Bureau of Labor Statistics is expected to show a gain of 625,000 nonfarm payrolls in July, following June’s 850,000. The unemployment rate is seen holding just below 6%.\nOther data out this week include the Institute for Supply Management’s Manufacturing Purchasing Managers’ Index for July on Monday, followed by the Services equivalent on Wednesday. Both measures of economic activity are forecast to come in at around 61, which would signify strong expansion.\nMonday 8/2\nCNA Financial,Global Payments,JELD-WEN Holding,Loews,Arista Networks,Leggett & Platt,Vornado Realty Trust, ZoomInfo Technologies, Woodward, Take-Two Interactive Software, Heineken, Trex, Ferrari,Ultra Clean Holdings,and Simon Property Group are expected to release financial results.\nGE stock will open for trading Monday at about $104 a share, after closing Friday at $12.95. The company completed its 1-for-8 reverse stock split Friday evening.\nThe Institute for Supply Management releases its Manufacturing Purchasing Managers’ Index for July. Consensus estimate is for a 60.8 reading, up from 60.6 in June.\nThe Census Bureau reports construction spending for June. Expectations are for a 0.4% month-over-month rise, after a 0.3% decline in May.\nTuesday 8/3\nEaton, BP, Under Armour, Lyft,Clorox,Amgen,Akamai Technologies,Cummins, Eli Lilly, Alibaba Group Holding, Nikola, EnPro Industries,Warner Music Group,Pitney Bowes,Tennant,Phillips 66,KKR,Gartner,Henry Schein,Dun & Bradstreet Holdings,ConocoPhillips, and Jacobs Engineering Grouphost conference calls to discuss financial results.\nThe Census Bureau is slated to report factory orders for June. Economists predict that orders increased 1.0% during the month, compared with a 1.7% rise in May.\nWednesday 8/4\nSony Group,CVS Health, Kraft Heinz, SoftBank, General Motors, Progressive, Etsy, Electronic Arts, Western Digital, Uber Technologies, Roku,MGM Resorts International,Fox, and Re/Max Holdings are expected to host earnings calls.\nThe Bureau of Economic Analysis reports light-vehicle sales for July. Expectations call for a seasonally adjusted annual rate of 15.3 million vehicles, versus 15.4 million in June.\nThe ISM releases its Services PMI for July. Consensus estimate is for a 60.8 reading, compared with June’s 60.1.\nADP releases its National Employment report for July. Consensus estimate is for a 635,000 gain in nonfarm private-sector employment, following an increase of 692,000 in June.\nThursday 8/5\nZillow Group,Beyond Meat, Yelp, Wayfair, Kellogg,Bayer,HanesBrands, Moderna,Regeneron Pharmaceuticals,Switch,Cushman & Wakefield,ViacomCBS,Cigna,Duke Energy,Square,News Corp,and Siemensare expected to report financial results.\nFriday 8/6\nThe BLS releases the jobs report for July. Economists forecast a 800,000 rise in nonfarm payrolls, after an 850,000 gain in June. The unemployment rate is expected to edge down to 5.8% from 5.9%.\nDraftKings,Dominion Energy,Gannett,MGM Growth Properties,AMC Networks,Canopy Growth, Tripadvisor,Spectrum Brands Holdings,E.W. Scripps,Cinemark Holdings, and Manitowoc host conference calls to discuss financial results.","news_type":1,"symbols_score_info":{"GM":0.9,"EA":0.9,"GE":0.9,".DJI":0.9,"VIAC":0.9,"BABA":0.9,"UBER":0.9,"DKNG":0.9,".SPX":0.9,".IXIC":0.9,"ROKU":0.9}},"isVote":1,"tweetType":1,"viewCount":525,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":834974005,"gmtCreate":1629769464307,"gmtModify":1633682571268,"author":{"id":"4087691982117120","authorId":"4087691982117120","name":"triu","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"4087691982117120","idStr":"4087691982117120"},"themes":[],"htmlText":"Like&nbsp;","listText":"Like&nbsp;","text":"Like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":10,"commentSize":2,"repostSize":0,"link":"https://laohu8.com/post/834974005","repostId":"2161708033","repostType":4,"isVote":1,"tweetType":1,"viewCount":616,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":888357999,"gmtCreate":1631444146711,"gmtModify":1631892034860,"author":{"id":"4087691982117120","authorId":"4087691982117120","name":"triu","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"4087691982117120","idStr":"4087691982117120"},"themes":[],"htmlText":"Like&nbsp;","listText":"Like&nbsp;","text":"Like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":5,"repostSize":0,"link":"https://laohu8.com/post/888357999","repostId":"1189654544","repostType":2,"repost":{"id":"1189654544","kind":"news","pubTimestamp":1631406130,"share":"https://www.laohu8.com/m/news/1189654544?lang=zh_CN&edition=full","pubTime":"2021-09-12 08:22","market":"us","language":"en","title":"US IPO Week Ahead: The Fall IPO market kicks off with a 10 IPO week<blockquote>美国IPO周：秋季IPO市场以10周IPO拉开帷幕</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1189654544","media":"Renaissance Capital","summary":"After a wave of launches in the short holiday week, 10 IPOs are scheduled to raise over $3 billion i","content":"<p>After a wave of launches in the short holiday week, 10 IPOs are scheduled to raise over $3 billion in the week ahead.</p><p><blockquote>在短暂的假期周经历了一波发行之后，未来一周将有10起IPO计划筹集超过30亿美元的资金。</blockquote></p><p> Tech consultancy&nbsp;<b>Thoughtworks</b>(TWKS) plans to raise $700 million at a $6.3 billion market cap. This agile software developer provides premium, end-to-end digital strategy, design, and engineering services to more than 300 enterprise customers. The company grew revenue at a 14% CAGR from 2017 to 2020, and expanded margins in 2020 and the 1H21.</p><p><blockquote>技术咨询<b>Thoughtworks</b>(TWKS)计划以63亿美元的市值筹集7亿美元。这家敏捷软件开发商为300多家企业客户提供优质的端到端数字战略、设计和工程服务。从2017年到2020年，该公司的收入复合年增长率为14%，并在2020年和2021年上半年扩大了利润率。</blockquote></p><p> Swiss running shoe brand&nbsp;<b>On Holding</b>(ONON) plans to raise $591 million at a $5.9 billion market cap. On is a global provider of premium athletic footwear, apparel, and accessories that are designed using sustainable materials and its proprietary technology. The company has demonstrated growth and profitability, though it faces significant competition from other well-known sportswear brands.</p><p><blockquote>瑞士跑鞋品牌<b>持有时</b>(ONON)计划以59亿美元的市值筹集5.91亿美元。On是一家全球优质运动鞋、服装和配饰供应商，采用可持续材料及其专有技术设计。尽管面临来自其他知名运动服装品牌的激烈竞争，但该公司已展现出增长和盈利能力。</blockquote></p><p> After ending talks to go public via SPAC,<b>Sportradar Group</b>(SRAD) plans to raise $504 million at a $7.9 billion market cap. Covering over 750,000 events annually across 83 sports, this Swiss company provides software, data, and content to sports leagues, betting operators, and media companies. Sportradar is profitable, and growth accelerated in the 1H21 as live sports resumed.</p><p><blockquote>在结束通过SPAC上市的谈判后，<b>Sportradar集团</b>(SRAD)计划以79亿美元的市值筹集5.04亿美元。这家瑞士公司每年报道83项运动的750,000多场赛事，为体育联盟、博彩运营商和媒体公司提供软件、数据和内容。Sportradar已实现盈利，随着体育直播的恢复，2021年上半年增长加速。</blockquote></p><p> Drive-thru coffee chain&nbsp;<b>Dutch Bros</b>(BROS) plans to raise $400 million at a $3.3 billion market cap. This Oregon-based company has a chain of 471 drive-thru coffee shops in the Western US, and it has been able to maintain a track record of same-store sales growth as it has expanded to new states. Insiders received pre-IPO dividends and will sell shares back to the company.</p><p><blockquote>得来速咖啡连锁店<b>荷兰兄弟</b>(BROS)计划以33亿美元的市值筹集4亿美元。这家总部位于俄勒冈州的公司在美国西部拥有471家得来速咖啡店连锁店，随着业务扩展到新州，它一直能够保持同店销售增长的记录。内部人士收到了IPO前的股息，并将把股票卖回给公司。</blockquote></p><p> Healthcare intelligence platform&nbsp;<b>Definitive Healthcare</b>(DH) plans to raise $350 million at a $3.3 billion market cap. This company provides a healthcare commercial intelligence and analytics platform, helping its customers to analyze, navigate, and sell into the complex healthcare ecosystem. Unprofitable with strong growth, Definitive Healthcare will be leveraged post-IPO.</p><p><blockquote>医疗智能平台<b>权威医疗保健</b>(DH)计划以33亿美元的市值筹集3.5亿美元。该公司提供医疗保健商业智能和分析平台，帮助其客户分析、导航和销售复杂的医疗保健生态系统。由于增长强劲，Definitive Healthcare尚未盈利，但将在IPO后进行杠杆化。</blockquote></p><p> Identity management platform&nbsp;<b>ForgeRock</b>(FORG) plans to raise $248 million at a $2.1 billion market cap. The company provides identity and access management software, with a platform to provision, authenticate, and govern all types of digital identities. Unprofitable with high sales and marketing expenses, ForgeRock is a leading next-gen provider in the multi-billion-dollar identity and access market.</p><p><blockquote>身份管理平台<b>ForgeRock</b>(FORG)计划以21亿美元的市值筹集2.48亿美元。该公司提供身份和访问管理软件，以及一个提供、认证和管理所有类型数字身份的平台。由于销售和营销费用高昂，ForgeRock无利可图，是价值数十亿美元的身份和访问市场中领先的下一代提供商。</blockquote></p><p> Immunology biotech&nbsp;<b>DICE Therapeutics</b>(DICE) plans to raise $160 million at a $550 million market cap. This biotech is developing oral small molecule therapies to treat chronic diseases in immunology and other therapeutic areas. DICE plans to initiate a Phase 1 trial of its lead candidate S011806, an oral antagonist with a variety of immunology indications.</p><p><blockquote>免疫学生物技术<b>骰子疗法</b>(DICE)计划以5.5亿美元的市值筹集1.6亿美元。这家生物技术公司正在开发口服小分子疗法，以治疗免疫学和其他治疗领域的慢性疾病。DICE计划启动其主要候选药物S011806的1期试验，这是一种具有多种免疫学适应症的口服拮抗剂。</blockquote></p><p> Surgical robotics developer&nbsp;<b>PROCEPT BioRobotics</b>(PRCT) plans to raise $127 million at a $1.1 billion market cap. This commercial-stage company develops surgical robotic systems for minimally-invasive urologic surgery with an initial focus on treating benign prostatic hyperplasia. PROCEPT BioRobotics is highly unprofitable and saw revenue increase more than sixfold in the 1H21.</p><p><blockquote>手术机器人开发商<b>PROCEPT生物机器人</b>(PRCT)计划以11亿美元的市值筹集1.27亿美元。这家商业阶段的公司开发用于微创泌尿外科手术的手术机器人系统，最初的重点是治疗良性前列腺增生。PROCEPT BioRobotics非常无利可图，2021年上半年收入增长了六倍多。</blockquote></p><p> Oncology biotech&nbsp;<b>Tyra Biosciences</b>(TYRA) plans to raise $101 million at a $584 million market cap. This preclinical biotech is developing FGFR kinase inhibitors for cancer, specifically solid tumors. Tyra’s lead candidate is initially focused on bladder cancer, and the company expects to submit an IND for it in mid-2022.</p><p><blockquote>肿瘤生物技术<b>泰拉生物科学公司</b>(TYRA)计划以5.84亿美元的市值筹集1.01亿美元。这家临床前生物技术公司正在开发用于癌症，特别是实体瘤的FGFR激酶抑制剂。Tyra的主要候选药物最初专注于膀胱癌，该公司预计将于2022年中期提交IND。</blockquote></p><p> Micro-cap gas delivery service&nbsp;<b>EzFill Holdings</b>(EZFL) plans to raise $25 million at a $104 million market cap. This mobile-fueling company provides an on-demand fuel delivery service in Florida via mobile app. Highly unprofitable with explosive growth, EzFill states that it is the dominant player in the South Florida market.</p><p><blockquote>微帽气体输送服务<b>埃兹菲尔控股</b>(EZFL)计划以1.04亿美元的市值筹集2500万美元。这家移动加油公司通过移动应用程序在佛罗里达州提供按需加油服务。由于爆炸性增长，EzFill表示，它是南佛罗里达州市场的主导者。</blockquote></p><p> <img src=\"https://static.tigerbbs.com/718698ff98644c4026f32efe91d076c6\" tg-width=\"1128\" tg-height=\"684\" referrerpolicy=\"no-referrer\"><img src=\"https://static.tigerbbs.com/97fe13300d9e4cf61effc59b9706776a\" tg-width=\"1129\" tg-height=\"247\" referrerpolicy=\"no-referrer\"></p><p><blockquote></blockquote></p><p> <b>IPO Market Snapshot</b></p><p><blockquote><b>IPO市场快照</b></blockquote></p><p> The Renaissance IPO Indices are market cap weighted baskets of newly public companies. As of 9/9/21, the Renaissance IPO Index was up 7.7% year-to-date, while the S&amp;P 500 was up 19.6%. Renaissance Capital's IPO ETF (NYSE: IPO) tracks the index, and top ETF holdings include Snowflake (SNOW) and Palantir Technologies (PLTR). The Renaissance International IPO Index was down 11.0% year-to-date, while the ACWX was up 10.0%. Renaissance Capital’s International IPO ETF (NYSE: IPOS) tracks the index, and top ETF holdings include Smoore International and EQT Partners.</p><p><blockquote>文艺复兴IPO指数是新上市公司的市值加权篮子。截至9/9/21，文艺复兴IPO指数今年迄今上涨了7.7%，而标普500上涨了19.6%。Renaissance Capital的IPO ETF（纽约证券交易所股票代码：IPO）跟踪该指数，持有的顶级ETF包括Snowflake（SNOW）和Palantir Technologies（PLTR）。Renaissance International IPO指数今年迄今下跌11.0%，而ACWX指数上涨10.0%。Renaissance Capital的国际IPO ETF（纽约证券交易所股票代码：IPOS）跟踪该指数，持有的顶级ETF包括思摩尔国际和殷拓合伙人。</blockquote></p><p></p>","source":"lsy1603787993745","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>US IPO Week Ahead: The Fall IPO market kicks off with a 10 IPO week<blockquote>美国IPO周：秋季IPO市场以10周IPO拉开帷幕</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\">\nUS IPO Week Ahead: The Fall IPO market kicks off with a 10 IPO week<blockquote>美国IPO周：秋季IPO市场以10周IPO拉开帷幕</blockquote>\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">Renaissance Capital</strong><span class=\"h-time small\">2021-09-12 08:22</span>\n</p>\n</h4>\n</header>\n<article>\n<p>After a wave of launches in the short holiday week, 10 IPOs are scheduled to raise over $3 billion in the week ahead.</p><p><blockquote>在短暂的假期周经历了一波发行之后，未来一周将有10起IPO计划筹集超过30亿美元的资金。</blockquote></p><p> Tech consultancy&nbsp;<b>Thoughtworks</b>(TWKS) plans to raise $700 million at a $6.3 billion market cap. This agile software developer provides premium, end-to-end digital strategy, design, and engineering services to more than 300 enterprise customers. The company grew revenue at a 14% CAGR from 2017 to 2020, and expanded margins in 2020 and the 1H21.</p><p><blockquote>技术咨询<b>Thoughtworks</b>(TWKS)计划以63亿美元的市值筹集7亿美元。这家敏捷软件开发商为300多家企业客户提供优质的端到端数字战略、设计和工程服务。从2017年到2020年，该公司的收入复合年增长率为14%，并在2020年和2021年上半年扩大了利润率。</blockquote></p><p> Swiss running shoe brand&nbsp;<b>On Holding</b>(ONON) plans to raise $591 million at a $5.9 billion market cap. On is a global provider of premium athletic footwear, apparel, and accessories that are designed using sustainable materials and its proprietary technology. The company has demonstrated growth and profitability, though it faces significant competition from other well-known sportswear brands.</p><p><blockquote>瑞士跑鞋品牌<b>持有时</b>(ONON)计划以59亿美元的市值筹集5.91亿美元。On是一家全球优质运动鞋、服装和配饰供应商，采用可持续材料及其专有技术设计。尽管面临来自其他知名运动服装品牌的激烈竞争，但该公司已展现出增长和盈利能力。</blockquote></p><p> After ending talks to go public via SPAC,<b>Sportradar Group</b>(SRAD) plans to raise $504 million at a $7.9 billion market cap. Covering over 750,000 events annually across 83 sports, this Swiss company provides software, data, and content to sports leagues, betting operators, and media companies. Sportradar is profitable, and growth accelerated in the 1H21 as live sports resumed.</p><p><blockquote>在结束通过SPAC上市的谈判后，<b>Sportradar集团</b>(SRAD)计划以79亿美元的市值筹集5.04亿美元。这家瑞士公司每年报道83项运动的750,000多场赛事，为体育联盟、博彩运营商和媒体公司提供软件、数据和内容。Sportradar已实现盈利，随着体育直播的恢复，2021年上半年增长加速。</blockquote></p><p> Drive-thru coffee chain&nbsp;<b>Dutch Bros</b>(BROS) plans to raise $400 million at a $3.3 billion market cap. This Oregon-based company has a chain of 471 drive-thru coffee shops in the Western US, and it has been able to maintain a track record of same-store sales growth as it has expanded to new states. Insiders received pre-IPO dividends and will sell shares back to the company.</p><p><blockquote>得来速咖啡连锁店<b>荷兰兄弟</b>(BROS)计划以33亿美元的市值筹集4亿美元。这家总部位于俄勒冈州的公司在美国西部拥有471家得来速咖啡店连锁店，随着业务扩展到新州，它一直能够保持同店销售增长的记录。内部人士收到了IPO前的股息，并将把股票卖回给公司。</blockquote></p><p> Healthcare intelligence platform&nbsp;<b>Definitive Healthcare</b>(DH) plans to raise $350 million at a $3.3 billion market cap. This company provides a healthcare commercial intelligence and analytics platform, helping its customers to analyze, navigate, and sell into the complex healthcare ecosystem. Unprofitable with strong growth, Definitive Healthcare will be leveraged post-IPO.</p><p><blockquote>医疗智能平台<b>权威医疗保健</b>(DH)计划以33亿美元的市值筹集3.5亿美元。该公司提供医疗保健商业智能和分析平台，帮助其客户分析、导航和销售复杂的医疗保健生态系统。由于增长强劲，Definitive Healthcare尚未盈利，但将在IPO后进行杠杆化。</blockquote></p><p> Identity management platform&nbsp;<b>ForgeRock</b>(FORG) plans to raise $248 million at a $2.1 billion market cap. The company provides identity and access management software, with a platform to provision, authenticate, and govern all types of digital identities. Unprofitable with high sales and marketing expenses, ForgeRock is a leading next-gen provider in the multi-billion-dollar identity and access market.</p><p><blockquote>身份管理平台<b>ForgeRock</b>(FORG)计划以21亿美元的市值筹集2.48亿美元。该公司提供身份和访问管理软件，以及一个提供、认证和管理所有类型数字身份的平台。由于销售和营销费用高昂，ForgeRock无利可图，是价值数十亿美元的身份和访问市场中领先的下一代提供商。</blockquote></p><p> Immunology biotech&nbsp;<b>DICE Therapeutics</b>(DICE) plans to raise $160 million at a $550 million market cap. This biotech is developing oral small molecule therapies to treat chronic diseases in immunology and other therapeutic areas. DICE plans to initiate a Phase 1 trial of its lead candidate S011806, an oral antagonist with a variety of immunology indications.</p><p><blockquote>免疫学生物技术<b>骰子疗法</b>(DICE)计划以5.5亿美元的市值筹集1.6亿美元。这家生物技术公司正在开发口服小分子疗法，以治疗免疫学和其他治疗领域的慢性疾病。DICE计划启动其主要候选药物S011806的1期试验，这是一种具有多种免疫学适应症的口服拮抗剂。</blockquote></p><p> Surgical robotics developer&nbsp;<b>PROCEPT BioRobotics</b>(PRCT) plans to raise $127 million at a $1.1 billion market cap. This commercial-stage company develops surgical robotic systems for minimally-invasive urologic surgery with an initial focus on treating benign prostatic hyperplasia. PROCEPT BioRobotics is highly unprofitable and saw revenue increase more than sixfold in the 1H21.</p><p><blockquote>手术机器人开发商<b>PROCEPT生物机器人</b>(PRCT)计划以11亿美元的市值筹集1.27亿美元。这家商业阶段的公司开发用于微创泌尿外科手术的手术机器人系统，最初的重点是治疗良性前列腺增生。PROCEPT BioRobotics非常无利可图，2021年上半年收入增长了六倍多。</blockquote></p><p> Oncology biotech&nbsp;<b>Tyra Biosciences</b>(TYRA) plans to raise $101 million at a $584 million market cap. This preclinical biotech is developing FGFR kinase inhibitors for cancer, specifically solid tumors. Tyra’s lead candidate is initially focused on bladder cancer, and the company expects to submit an IND for it in mid-2022.</p><p><blockquote>肿瘤生物技术<b>泰拉生物科学公司</b>(TYRA)计划以5.84亿美元的市值筹集1.01亿美元。这家临床前生物技术公司正在开发用于癌症，特别是实体瘤的FGFR激酶抑制剂。Tyra的主要候选药物最初专注于膀胱癌，该公司预计将于2022年中期提交IND。</blockquote></p><p> Micro-cap gas delivery service&nbsp;<b>EzFill Holdings</b>(EZFL) plans to raise $25 million at a $104 million market cap. This mobile-fueling company provides an on-demand fuel delivery service in Florida via mobile app. Highly unprofitable with explosive growth, EzFill states that it is the dominant player in the South Florida market.</p><p><blockquote>微帽气体输送服务<b>埃兹菲尔控股</b>(EZFL)计划以1.04亿美元的市值筹集2500万美元。这家移动加油公司通过移动应用程序在佛罗里达州提供按需加油服务。由于爆炸性增长，EzFill表示，它是南佛罗里达州市场的主导者。</blockquote></p><p> <img src=\"https://static.tigerbbs.com/718698ff98644c4026f32efe91d076c6\" tg-width=\"1128\" tg-height=\"684\" referrerpolicy=\"no-referrer\"><img src=\"https://static.tigerbbs.com/97fe13300d9e4cf61effc59b9706776a\" tg-width=\"1129\" tg-height=\"247\" referrerpolicy=\"no-referrer\"></p><p><blockquote></blockquote></p><p> <b>IPO Market Snapshot</b></p><p><blockquote><b>IPO市场快照</b></blockquote></p><p> The Renaissance IPO Indices are market cap weighted baskets of newly public companies. As of 9/9/21, the Renaissance IPO Index was up 7.7% year-to-date, while the S&amp;P 500 was up 19.6%. Renaissance Capital's IPO ETF (NYSE: IPO) tracks the index, and top ETF holdings include Snowflake (SNOW) and Palantir Technologies (PLTR). The Renaissance International IPO Index was down 11.0% year-to-date, while the ACWX was up 10.0%. Renaissance Capital’s International IPO ETF (NYSE: IPOS) tracks the index, and top ETF holdings include Smoore International and EQT Partners.</p><p><blockquote>文艺复兴IPO指数是新上市公司的市值加权篮子。截至9/9/21，文艺复兴IPO指数今年迄今上涨了7.7%，而标普500上涨了19.6%。Renaissance Capital的IPO ETF（纽约证券交易所股票代码：IPO）跟踪该指数，持有的顶级ETF包括Snowflake（SNOW）和Palantir Technologies（PLTR）。Renaissance International IPO指数今年迄今下跌11.0%，而ACWX指数上涨10.0%。Renaissance Capital的国际IPO ETF（纽约证券交易所股票代码：IPOS）跟踪该指数，持有的顶级ETF包括思摩尔国际和殷拓合伙人。</blockquote></p><p></p>\n<div class=\"bt-text\">\n\n\n<p> 来源：<a href=\"https://www.renaissancecapital.com/IPO-Center/News/85972/US-IPO-Week-Ahead-The-Fall-IPO-market-kicks-off-with-a-10-IPO-week\">Renaissance Capital</a></p>\n<p>为提升您的阅读体验，我们对本页面进行了排版优化</p>\n\n\n</div>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"PRCT":"PROCEPT BioRobotics","TWKS":"Thoughtworks Holding Inc.","BROS":"Dutch Bros Inc.",".DJI":"道琼斯","SRAD":"Sportradar Group AG","DICE":"DICE Therapeutics, Inc.","TYRA":"Tyra Biosciences, Inc.",".IXIC":"NASDAQ Composite","ONON":"On Holding AG","DH":"Definitive Healthcare Corp.","FORG":"ForgeRock, Inc.",".SPX":"S&P 500 Index"},"source_url":"https://www.renaissancecapital.com/IPO-Center/News/85972/US-IPO-Week-Ahead-The-Fall-IPO-market-kicks-off-with-a-10-IPO-week","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1189654544","content_text":"After a wave of launches in the short holiday week, 10 IPOs are scheduled to raise over $3 billion in the week ahead.\nTech consultancy Thoughtworks(TWKS) plans to raise $700 million at a $6.3 billion market cap. This agile software developer provides premium, end-to-end digital strategy, design, and engineering services to more than 300 enterprise customers. The company grew revenue at a 14% CAGR from 2017 to 2020, and expanded margins in 2020 and the 1H21.\nSwiss running shoe brand On Holding(ONON) plans to raise $591 million at a $5.9 billion market cap. On is a global provider of premium athletic footwear, apparel, and accessories that are designed using sustainable materials and its proprietary technology. The company has demonstrated growth and profitability, though it faces significant competition from other well-known sportswear brands.\nAfter ending talks to go public via SPAC,Sportradar Group(SRAD) plans to raise $504 million at a $7.9 billion market cap. Covering over 750,000 events annually across 83 sports, this Swiss company provides software, data, and content to sports leagues, betting operators, and media companies. Sportradar is profitable, and growth accelerated in the 1H21 as live sports resumed.\nDrive-thru coffee chain Dutch Bros(BROS) plans to raise $400 million at a $3.3 billion market cap. This Oregon-based company has a chain of 471 drive-thru coffee shops in the Western US, and it has been able to maintain a track record of same-store sales growth as it has expanded to new states. Insiders received pre-IPO dividends and will sell shares back to the company.\nHealthcare intelligence platform Definitive Healthcare(DH) plans to raise $350 million at a $3.3 billion market cap. This company provides a healthcare commercial intelligence and analytics platform, helping its customers to analyze, navigate, and sell into the complex healthcare ecosystem. Unprofitable with strong growth, Definitive Healthcare will be leveraged post-IPO.\nIdentity management platform ForgeRock(FORG) plans to raise $248 million at a $2.1 billion market cap. The company provides identity and access management software, with a platform to provision, authenticate, and govern all types of digital identities. Unprofitable with high sales and marketing expenses, ForgeRock is a leading next-gen provider in the multi-billion-dollar identity and access market.\nImmunology biotech DICE Therapeutics(DICE) plans to raise $160 million at a $550 million market cap. This biotech is developing oral small molecule therapies to treat chronic diseases in immunology and other therapeutic areas. DICE plans to initiate a Phase 1 trial of its lead candidate S011806, an oral antagonist with a variety of immunology indications.\nSurgical robotics developer PROCEPT BioRobotics(PRCT) plans to raise $127 million at a $1.1 billion market cap. This commercial-stage company develops surgical robotic systems for minimally-invasive urologic surgery with an initial focus on treating benign prostatic hyperplasia. PROCEPT BioRobotics is highly unprofitable and saw revenue increase more than sixfold in the 1H21.\nOncology biotech Tyra Biosciences(TYRA) plans to raise $101 million at a $584 million market cap. This preclinical biotech is developing FGFR kinase inhibitors for cancer, specifically solid tumors. Tyra’s lead candidate is initially focused on bladder cancer, and the company expects to submit an IND for it in mid-2022.\nMicro-cap gas delivery service EzFill Holdings(EZFL) plans to raise $25 million at a $104 million market cap. This mobile-fueling company provides an on-demand fuel delivery service in Florida via mobile app. Highly unprofitable with explosive growth, EzFill states that it is the dominant player in the South Florida market.\n\nIPO Market Snapshot\nThe Renaissance IPO Indices are market cap weighted baskets of newly public companies. As of 9/9/21, the Renaissance IPO Index was up 7.7% year-to-date, while the S&P 500 was up 19.6%. Renaissance Capital's IPO ETF (NYSE: IPO) tracks the index, and top ETF holdings include Snowflake (SNOW) and Palantir Technologies (PLTR). The Renaissance International IPO Index was down 11.0% year-to-date, while the ACWX was up 10.0%. Renaissance Capital’s International IPO ETF (NYSE: IPOS) tracks the index, and top ETF holdings include Smoore International and EQT Partners.","news_type":1,"symbols_score_info":{".DJI":0.9,"ONON":0.9,".IXIC":0.9,"PRCT":0.9,"SRAD":0.9,"DH":0.9,".SPX":0.9,"FORG":0.9,"DICE":0.9,"EZFL":0.9,"TWKS":0.9,"BROS":0.9,"TYRA":0.9}},"isVote":1,"tweetType":1,"viewCount":709,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":811195473,"gmtCreate":1630294997592,"gmtModify":1704957982191,"author":{"id":"4087691982117120","authorId":"4087691982117120","name":"triu","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"4087691982117120","idStr":"4087691982117120"},"themes":[],"htmlText":"Like&nbsp;","listText":"Like&nbsp;","text":"Like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":7,"commentSize":3,"repostSize":0,"link":"https://laohu8.com/post/811195473","repostId":"1111293683","repostType":4,"isVote":1,"tweetType":1,"viewCount":799,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":890574502,"gmtCreate":1628126258106,"gmtModify":1633753354589,"author":{"id":"4087691982117120","authorId":"4087691982117120","name":"triu","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"4087691982117120","idStr":"4087691982117120"},"themes":[],"htmlText":"Like","listText":"Like","text":"Like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":7,"commentSize":3,"repostSize":0,"link":"https://laohu8.com/post/890574502","repostId":"1124323034","repostType":4,"isVote":1,"tweetType":1,"viewCount":579,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":869097423,"gmtCreate":1632225603362,"gmtModify":1632801970775,"author":{"id":"4087691982117120","authorId":"4087691982117120","name":"triu","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"4087691982117120","idStr":"4087691982117120"},"themes":[],"htmlText":"Like","listText":"Like","text":"Like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":3,"repostSize":0,"link":"https://laohu8.com/post/869097423","repostId":"1173746472","repostType":2,"repost":{"id":"1173746472","kind":"news","pubTimestamp":1632221699,"share":"https://www.laohu8.com/m/news/1173746472?lang=zh_CN&edition=full","pubTime":"2021-09-21 18:54","market":"us","language":"en","title":"Why the Stock Market Tanked Monday—and What to Do About It<blockquote>为什么股市周一暴跌——以及该怎么办</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1173746472","media":"MarketWatch","summary":"The stock market tanked—and a correction may be in the offing. While China Evergrande is getting all","content":"<p>The stock market tanked—and a correction may be in the offing. While China Evergrande is getting all the attention, the real problem might be risks to earnings and valuations.</p><p><blockquote>股市暴跌，调整可能即将到来。尽管中国恒大受到了所有关注，但真正的问题可能是盈利和估值的风险。</blockquote></p><p> The S&amp;P 500 dropped 1.7% Monday, and the index is down 3.9% from its all-time high. That may just be the beginning, says Barry Bannister, Stifel’s chief equity strategist, who calls for the S&amp;P 500 to drop as much as 15% this year. “It’s the coalescing of multiple risks in the fourth quarter that cause us to be cautious through September and October,” Bannister says.</p><p><blockquote>标普500周一下跌1.7%，该指数较历史高点下跌3.9%。Stifel首席股票策略师Barry Bannister表示，这可能只是一个开始，他预计标普500今年将下跌15%。班尼斯特表示：“第四季度多种风险的结合导致我们在9月和10月保持谨慎。”</blockquote></p><p> While Evergrande gets the headlines, the bigger problem right now might be U.S. earnings. The companies in the S&amp;P 500 are expected to earn $217.95 in 2022, up 9.4% from 2021, but there’s plenty of downside risk.</p><p><blockquote>虽然恒大成为头条新闻，但目前更大的问题可能是美国的盈利。标普500公司预计2022年盈利217.95美元，较2021年增长9.4%，但存在很大下行风险。</blockquote></p><p> Supply-chain constraints are hampering companies’ ability to meet sales expectations, while costs continue to rise. Companies from industrial-materials maker PPG Industries (ticker: PPG) to home builder PulteGroup (PHM), have announced that sales and profits for 2021 won’t meet expectations. Investors will get a clearer picture of the supply chain issue when companies report their quarterly earnings this fall.</p><p><blockquote>供应链限制阻碍了公司满足销售预期的能力，而成本持续上升。从工业材料制造商PPG Industries（股票代码：PPG）到住宅建筑商PulteGroup(PHM)等公司都宣布2021年的销售额和利润将达不到预期。当公司今年秋季公布季度收益时，投资者将更清楚地了解供应链问题。</blockquote></p><p> “One question that’s going to start creeping in once we get to the third quarter is how much of the supply chain disruptions and inability to meet demand is going hit companies’ bottom lines,” says Yung Yu Ma, chief investment strategist at BMO Capital Markets. “That’s becoming much more acute.”</p><p><blockquote>BMO资本市场首席投资策略师Yung Yu Ma表示：“一旦进入第三季度，一个问题将开始出现，那就是供应链中断和无法满足需求将在多大程度上影响公司的利润。”。“这种情况变得更加严重。”</blockquote></p><p> The other risk to profits that markets have largely ignored is higher corporate taxes. Goldman Sachs strategists say 2022 earnings per share on the S&amp;P 500 could fall roughly 5% with a corporate tax hike to 25% from the current 21%—and House Democrats recently proposed an increase to 26.5%. With aggregate 2022 analyst estimates for S&amp;P 500 EPS at $217.95, therefore, EPS could fall to $207. At a current 21 times, the index could drop 5% on a corporate tax hike—assuming the forward earnings multiple remains the same.</p><p><blockquote>市场基本上忽视的另一个利润风险是更高的公司税。高盛策略师表示，如果公司税从目前的21%上调至25%，标普500 2022年每股收益可能会下降约5%，而众议院民主党人最近提议将税率上调至26.5%。因此，分析师对标普500 2022年每股收益的总体预期为217.95美元，每股收益可能会降至207美元。以目前的21倍计算，假设预期市盈率保持不变，该指数可能会因公司税上调而下跌5%。</blockquote></p><p> There’s a good chance it won’t. One major reason the S&amp;P 500’s average valuation is above its prepandemic level of 19 times—it currently trades at 20.4 times 12-month forward earnings—is because the 10-year Treasury yield has fallen to 1.31% from 1.8% before the pandemic. Lower bond yields make future profits more valuable.</p><p><blockquote>很有可能不会。标普500平均估值高于疫情前19倍水平（目前12个月预期市盈率为20.4倍）的一个主要原因是10年期国债收益率已从疫情前的1.8%降至1.31%。较低的债券收益率使未来的利润更有价值。</blockquote></p><p> There’s a good chance yields are heading higher. The Federal Reserve has recently been buying tens of billions of dollars in Treasury bonds a month, driving bond prices up and yields down. But the central bank is now signaling it will wind that program down as soon as this year to zero dollars within a few quarters, which means less money into bonds, lower prices, and higher yields. (We’ll learn more Wednesday when the Fed releases its monetary policy statement.) That catalyst could drive the 10-year Treasury yield back up to 1.8% by year-end and the S&amp;P 500’s multiple down to 19 times, writes Mike Wilson, chief U.S. equity strategist at Morgan Stanley.</p><p><blockquote>收益率很有可能会走高。美联储最近一直在每月购买数百亿美元的国债，推动债券价格上涨，收益率下降。但央行现在表示，最快将于今年在几个季度内将该计划缩减至零美元，这意味着投入债券的资金减少、价格下降和收益率上升。（周三美联储发布货币政策声明时我们将了解更多信息。）Mike Wilson写道，这一催化剂可能会推动10年期国债收益率在年底前回升至1.8%，标普500的市盈率降至19倍。摩根士丹利首席美国股票策略师。</blockquote></p><p> Combine the lower valuations with the drop in earnings estimates and the S&amp;P 500 could have a lot further to fall. If the index trades at 19 times 2022 earnings of $207, the S&amp;P 500 would trade at 3914, about 10% lower than its current level. If EPS is lower than that because of supply chain problems, the market could fall even harder. Wilson’s worst-case scenario estimate for the index is 3,700 by June, a 15% drop.</p><p><blockquote>将较低的估值与盈利预期的下降结合起来，标普500可能会进一步下跌。如果该指数的交易价格是2022年市盈率207美元的19倍，标普500的交易价格将为3914美元，比当前水平低约10%。如果由于供应链问题导致每股收益低于该水平，市场可能会下跌得更厉害。威尔逊对该指数的最坏情况估计到6月份为3,700点，下降15%。</blockquote></p><p> That means there is still time for investors to play defense. Part of a potential correction would be driven by fears of slower economic growth—and that means investors should own stocks with earnings streams that are less sensitive to changes in economic demand, such as consumer staples, healthcare, utilities, real estate, and telecommunications. History bears that out—when the S&amp;P 500 drops 10%, going back to 1990, those five sectors return about 1%, on average, according to Stifel’s Bannister. “Defensives are a good place to hide if you’re in a September or October coalescing of risks,” says Bannister.</p><p><blockquote>这意味着投资者仍有时间进行防御。潜在调整的部分原因是对经济增长放缓的担忧，这意味着投资者应该持有盈利流对经济需求变化不太敏感的股票，例如必需消费品、医疗保健、公用事业、房地产和电信。历史证明了这一点——根据Stifel的Bannister的说法，从1990年开始，当标普500下跌10%时，这五个行业的平均回报率约为1%。班尼斯特表示：“如果你正处于九月或十月的风险集中时期，防御措施是一个很好的藏身之处。”</blockquote></p><p> Of course, there’s one more place investors can hide: cash. Not only does cash enable investors to load up on stocks when they dip, but if stock and Treasury prices fall, cash will hold its value save for the impact of inflation. The “least attractive asset is sometimes the best asset,” Bannister says.</p><p><blockquote>当然，投资者还有一个可以藏身的地方：现金。现金不仅使投资者能够在股票下跌时买入股票，而且如果股票和国债价格下跌，除了通货膨胀的影响外，现金将保持其价值。班尼斯特说，“最没有吸引力的资产有时是最好的资产”。</blockquote></p><p> Sometimes, it’s better to be safe than sorry.</p><p><blockquote>有时候，安全总比后悔好。</blockquote></p><p></p>","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 the Stock Market Tanked Monday—and What to Do About It<blockquote>为什么股市周一暴跌——以及该怎么办</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 the Stock Market Tanked Monday—and What to Do About It<blockquote>为什么股市周一暴跌——以及该怎么办</blockquote>\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">MarketWatch</strong><span class=\"h-time small\">2021-09-21 18:54</span>\n</p>\n</h4>\n</header>\n<article>\n<p>The stock market tanked—and a correction may be in the offing. While China Evergrande is getting all the attention, the real problem might be risks to earnings and valuations.</p><p><blockquote>股市暴跌，调整可能即将到来。尽管中国恒大受到了所有关注，但真正的问题可能是盈利和估值的风险。</blockquote></p><p> The S&amp;P 500 dropped 1.7% Monday, and the index is down 3.9% from its all-time high. That may just be the beginning, says Barry Bannister, Stifel’s chief equity strategist, who calls for the S&amp;P 500 to drop as much as 15% this year. “It’s the coalescing of multiple risks in the fourth quarter that cause us to be cautious through September and October,” Bannister says.</p><p><blockquote>标普500周一下跌1.7%，该指数较历史高点下跌3.9%。Stifel首席股票策略师Barry Bannister表示，这可能只是一个开始，他预计标普500今年将下跌15%。班尼斯特表示：“第四季度多种风险的结合导致我们在9月和10月保持谨慎。”</blockquote></p><p> While Evergrande gets the headlines, the bigger problem right now might be U.S. earnings. The companies in the S&amp;P 500 are expected to earn $217.95 in 2022, up 9.4% from 2021, but there’s plenty of downside risk.</p><p><blockquote>虽然恒大成为头条新闻，但目前更大的问题可能是美国的盈利。标普500公司预计2022年盈利217.95美元，较2021年增长9.4%，但存在很大下行风险。</blockquote></p><p> Supply-chain constraints are hampering companies’ ability to meet sales expectations, while costs continue to rise. Companies from industrial-materials maker PPG Industries (ticker: PPG) to home builder PulteGroup (PHM), have announced that sales and profits for 2021 won’t meet expectations. Investors will get a clearer picture of the supply chain issue when companies report their quarterly earnings this fall.</p><p><blockquote>供应链限制阻碍了公司满足销售预期的能力，而成本持续上升。从工业材料制造商PPG Industries（股票代码：PPG）到住宅建筑商PulteGroup(PHM)等公司都宣布2021年的销售额和利润将达不到预期。当公司今年秋季公布季度收益时，投资者将更清楚地了解供应链问题。</blockquote></p><p> “One question that’s going to start creeping in once we get to the third quarter is how much of the supply chain disruptions and inability to meet demand is going hit companies’ bottom lines,” says Yung Yu Ma, chief investment strategist at BMO Capital Markets. “That’s becoming much more acute.”</p><p><blockquote>BMO资本市场首席投资策略师Yung Yu Ma表示：“一旦进入第三季度，一个问题将开始出现，那就是供应链中断和无法满足需求将在多大程度上影响公司的利润。”。“这种情况变得更加严重。”</blockquote></p><p> The other risk to profits that markets have largely ignored is higher corporate taxes. Goldman Sachs strategists say 2022 earnings per share on the S&amp;P 500 could fall roughly 5% with a corporate tax hike to 25% from the current 21%—and House Democrats recently proposed an increase to 26.5%. With aggregate 2022 analyst estimates for S&amp;P 500 EPS at $217.95, therefore, EPS could fall to $207. At a current 21 times, the index could drop 5% on a corporate tax hike—assuming the forward earnings multiple remains the same.</p><p><blockquote>市场基本上忽视的另一个利润风险是更高的公司税。高盛策略师表示，如果公司税从目前的21%上调至25%，标普500 2022年每股收益可能会下降约5%，而众议院民主党人最近提议将税率上调至26.5%。因此，分析师对标普500 2022年每股收益的总体预期为217.95美元，每股收益可能会降至207美元。以目前的21倍计算，假设预期市盈率保持不变，该指数可能会因公司税上调而下跌5%。</blockquote></p><p> There’s a good chance it won’t. One major reason the S&amp;P 500’s average valuation is above its prepandemic level of 19 times—it currently trades at 20.4 times 12-month forward earnings—is because the 10-year Treasury yield has fallen to 1.31% from 1.8% before the pandemic. Lower bond yields make future profits more valuable.</p><p><blockquote>很有可能不会。标普500平均估值高于疫情前19倍水平（目前12个月预期市盈率为20.4倍）的一个主要原因是10年期国债收益率已从疫情前的1.8%降至1.31%。较低的债券收益率使未来的利润更有价值。</blockquote></p><p> There’s a good chance yields are heading higher. The Federal Reserve has recently been buying tens of billions of dollars in Treasury bonds a month, driving bond prices up and yields down. But the central bank is now signaling it will wind that program down as soon as this year to zero dollars within a few quarters, which means less money into bonds, lower prices, and higher yields. (We’ll learn more Wednesday when the Fed releases its monetary policy statement.) That catalyst could drive the 10-year Treasury yield back up to 1.8% by year-end and the S&amp;P 500’s multiple down to 19 times, writes Mike Wilson, chief U.S. equity strategist at Morgan Stanley.</p><p><blockquote>收益率很有可能会走高。美联储最近一直在每月购买数百亿美元的国债，推动债券价格上涨，收益率下降。但央行现在表示，最快将于今年在几个季度内将该计划缩减至零美元，这意味着投入债券的资金减少、价格下降和收益率上升。（周三美联储发布货币政策声明时我们将了解更多信息。）Mike Wilson写道，这一催化剂可能会推动10年期国债收益率在年底前回升至1.8%，标普500的市盈率降至19倍。摩根士丹利首席美国股票策略师。</blockquote></p><p> Combine the lower valuations with the drop in earnings estimates and the S&amp;P 500 could have a lot further to fall. If the index trades at 19 times 2022 earnings of $207, the S&amp;P 500 would trade at 3914, about 10% lower than its current level. If EPS is lower than that because of supply chain problems, the market could fall even harder. Wilson’s worst-case scenario estimate for the index is 3,700 by June, a 15% drop.</p><p><blockquote>将较低的估值与盈利预期的下降结合起来，标普500可能会进一步下跌。如果该指数的交易价格是2022年市盈率207美元的19倍，标普500的交易价格将为3914美元，比当前水平低约10%。如果由于供应链问题导致每股收益低于该水平，市场可能会下跌得更厉害。威尔逊对该指数的最坏情况估计到6月份为3,700点，下降15%。</blockquote></p><p> That means there is still time for investors to play defense. Part of a potential correction would be driven by fears of slower economic growth—and that means investors should own stocks with earnings streams that are less sensitive to changes in economic demand, such as consumer staples, healthcare, utilities, real estate, and telecommunications. History bears that out—when the S&amp;P 500 drops 10%, going back to 1990, those five sectors return about 1%, on average, according to Stifel’s Bannister. “Defensives are a good place to hide if you’re in a September or October coalescing of risks,” says Bannister.</p><p><blockquote>这意味着投资者仍有时间进行防御。潜在调整的部分原因是对经济增长放缓的担忧，这意味着投资者应该持有盈利流对经济需求变化不太敏感的股票，例如必需消费品、医疗保健、公用事业、房地产和电信。历史证明了这一点——根据Stifel的Bannister的说法，从1990年开始，当标普500下跌10%时，这五个行业的平均回报率约为1%。班尼斯特表示：“如果你正处于九月或十月的风险集中时期，防御措施是一个很好的藏身之处。”</blockquote></p><p> Of course, there’s one more place investors can hide: cash. Not only does cash enable investors to load up on stocks when they dip, but if stock and Treasury prices fall, cash will hold its value save for the impact of inflation. The “least attractive asset is sometimes the best asset,” Bannister says.</p><p><blockquote>当然，投资者还有一个可以藏身的地方：现金。现金不仅使投资者能够在股票下跌时买入股票，而且如果股票和国债价格下跌，除了通货膨胀的影响外，现金将保持其价值。班尼斯特说，“最没有吸引力的资产有时是最好的资产”。</blockquote></p><p> Sometimes, it’s better to be safe than sorry.</p><p><blockquote>有时候，安全总比后悔好。</blockquote></p><p></p>\n<div class=\"bt-text\">\n\n\n<p> 来源：<a href=\"https://www.marketwatch.com/articles/stock-market-correction-china-evergrande-51632171467?mod=mw_latestnews\">MarketWatch</a></p>\n<p>为提升您的阅读体验，我们对本页面进行了排版优化</p>\n\n\n</div>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".DJI":"道琼斯",".SPX":"S&P 500 Index","SPY":"标普500ETF",".IXIC":"NASDAQ Composite"},"source_url":"https://www.marketwatch.com/articles/stock-market-correction-china-evergrande-51632171467?mod=mw_latestnews","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1173746472","content_text":"The stock market tanked—and a correction may be in the offing. While China Evergrande is getting all the attention, the real problem might be risks to earnings and valuations.\nThe S&P 500 dropped 1.7% Monday, and the index is down 3.9% from its all-time high. That may just be the beginning, says Barry Bannister, Stifel’s chief equity strategist, who calls for the S&P 500 to drop as much as 15% this year. “It’s the coalescing of multiple risks in the fourth quarter that cause us to be cautious through September and October,” Bannister says.\nWhile Evergrande gets the headlines, the bigger problem right now might be U.S. earnings. The companies in the S&P 500 are expected to earn $217.95 in 2022, up 9.4% from 2021, but there’s plenty of downside risk.\nSupply-chain constraints are hampering companies’ ability to meet sales expectations, while costs continue to rise. Companies from industrial-materials maker PPG Industries (ticker: PPG) to home builder PulteGroup (PHM), have announced that sales and profits for 2021 won’t meet expectations. Investors will get a clearer picture of the supply chain issue when companies report their quarterly earnings this fall.\n“One question that’s going to start creeping in once we get to the third quarter is how much of the supply chain disruptions and inability to meet demand is going hit companies’ bottom lines,” says Yung Yu Ma, chief investment strategist at BMO Capital Markets. “That’s becoming much more acute.”\nThe other risk to profits that markets have largely ignored is higher corporate taxes. Goldman Sachs strategists say 2022 earnings per share on the S&P 500 could fall roughly 5% with a corporate tax hike to 25% from the current 21%—and House Democrats recently proposed an increase to 26.5%. With aggregate 2022 analyst estimates for S&P 500 EPS at $217.95, therefore, EPS could fall to $207. At a current 21 times, the index could drop 5% on a corporate tax hike—assuming the forward earnings multiple remains the same.\nThere’s a good chance it won’t. One major reason the S&P 500’s average valuation is above its prepandemic level of 19 times—it currently trades at 20.4 times 12-month forward earnings—is because the 10-year Treasury yield has fallen to 1.31% from 1.8% before the pandemic. Lower bond yields make future profits more valuable.\nThere’s a good chance yields are heading higher. The Federal Reserve has recently been buying tens of billions of dollars in Treasury bonds a month, driving bond prices up and yields down. But the central bank is now signaling it will wind that program down as soon as this year to zero dollars within a few quarters, which means less money into bonds, lower prices, and higher yields. (We’ll learn more Wednesday when the Fed releases its monetary policy statement.) That catalyst could drive the 10-year Treasury yield back up to 1.8% by year-end and the S&P 500’s multiple down to 19 times, writes Mike Wilson, chief U.S. equity strategist at Morgan Stanley.\nCombine the lower valuations with the drop in earnings estimates and the S&P 500 could have a lot further to fall. If the index trades at 19 times 2022 earnings of $207, the S&P 500 would trade at 3914, about 10% lower than its current level. If EPS is lower than that because of supply chain problems, the market could fall even harder. Wilson’s worst-case scenario estimate for the index is 3,700 by June, a 15% drop.\nThat means there is still time for investors to play defense. Part of a potential correction would be driven by fears of slower economic growth—and that means investors should own stocks with earnings streams that are less sensitive to changes in economic demand, such as consumer staples, healthcare, utilities, real estate, and telecommunications. History bears that out—when the S&P 500 drops 10%, going back to 1990, those five sectors return about 1%, on average, according to Stifel’s Bannister. “Defensives are a good place to hide if you’re in a September or October coalescing of risks,” says Bannister.\nOf course, there’s one more place investors can hide: cash. Not only does cash enable investors to load up on stocks when they dip, but if stock and Treasury prices fall, cash will hold its value save for the impact of inflation. The “least attractive asset is sometimes the best asset,” Bannister says.\nSometimes, it’s better to be safe than sorry.","news_type":1,"symbols_score_info":{".DJI":0.9,"SPY":0.9,".SPX":0.9,".IXIC":0.9}},"isVote":1,"tweetType":1,"viewCount":442,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":836258513,"gmtCreate":1629503017332,"gmtModify":1633684456358,"author":{"id":"4087691982117120","authorId":"4087691982117120","name":"triu","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"4087691982117120","idStr":"4087691982117120"},"themes":[],"htmlText":"Like","listText":"Like","text":"Like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":3,"repostSize":0,"link":"https://laohu8.com/post/836258513","repostId":"1191201221","repostType":4,"isVote":1,"tweetType":1,"viewCount":715,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":804808137,"gmtCreate":1627948422729,"gmtModify":1633755071747,"author":{"id":"4087691982117120","authorId":"4087691982117120","name":"triu","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"4087691982117120","idStr":"4087691982117120"},"themes":[],"htmlText":"Like","listText":"Like","text":"Like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":3,"repostSize":0,"link":"https://laohu8.com/post/804808137","repostId":"2156117308","repostType":4,"isVote":1,"tweetType":1,"viewCount":671,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":863627301,"gmtCreate":1632388675203,"gmtModify":1632800742745,"author":{"id":"4087691982117120","authorId":"4087691982117120","name":"triu","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"4087691982117120","idStr":"4087691982117120"},"themes":[],"htmlText":"Like","listText":"Like","text":"Like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":4,"repostSize":0,"link":"https://laohu8.com/post/863627301","repostId":"2169669996","repostType":2,"isVote":1,"tweetType":1,"viewCount":2069,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":869097231,"gmtCreate":1632225578423,"gmtModify":1632801971021,"author":{"id":"4087691982117120","authorId":"4087691982117120","name":"triu","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"4087691982117120","idStr":"4087691982117120"},"themes":[],"htmlText":"Like","listText":"Like","text":"Like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":3,"repostSize":0,"link":"https://laohu8.com/post/869097231","repostId":"1152381132","repostType":2,"repost":{"id":"1152381132","kind":"news","weMediaInfo":{"introduction":"Providing stock market headlines, business news, financials and earnings ","home_visible":1,"media_name":"Tiger Newspress","id":"1079075236","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"pubTimestamp":1632223927,"share":"https://www.laohu8.com/m/news/1152381132?lang=zh_CN&edition=full","pubTime":"2021-09-21 19:32","market":"us","language":"en","title":"Toplines Before US Market Open on Tuesday<blockquote>周二美国市场开盘前的营收</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1152381132","media":"Tiger Newspress","summary":"U.S. stock futures are up.\nOil ends days of losses.\nKey central bank meetings this week in US, Brita","content":"<p><ul>  <li>U.S. stock futures are up.</li>  <li>Oil ends days of losses.</li>  <li>Key central bank meetings this week in US, Britain, Japan.</li> </ul> (Sept 21)&nbsp;U.S. stock futures are up,&nbsp;suggesting markets are poised to rebound&nbsp;a day after concerns about China’s property sector helped fuel a global selloff in stocks and commodities.</p><p><blockquote><ul><li>美国股指期货上涨。</li><li>石油结束了连日的下跌。</li><li>本周美国、英国和日本将举行重要央行会议。</li></ul>（九月二十一日）美国。股指期货上涨，表明在对中国房地产行业的担忧引发全球股市和大宗商品抛售一天后，市场有望反弹。</blockquote></p><p> At 7:37 a.m. ET, Dow e-minis were up 259 points, or 0.77%, S&amp;P 500 e-minis gained 31.25 points, or 0.72%, and Nasdaq 100 e-minis jumped 109&nbsp;points, or 0.73%.</p><p><blockquote>截至美国东部时间上午7:37，道指e-minis上涨259点，涨幅0.77%，标普500 e-minis上涨31.25点，涨幅0.72%，纳斯达克100 e-minis上涨109点，涨幅0.73%。</blockquote></p><p> <img src=\"https://static.tigerbbs.com/7fffdf1b0c371cce64957069d1ca4fc9\" tg-width=\"1235\" tg-height=\"515\" referrerpolicy=\"no-referrer\">Vix's decline has narrowed, and VIX is currently down by 9.33%.</p><p><blockquote>VIX跌幅收窄，VIX目前下跌9.33%。</blockquote></p><p> <img src=\"https://static.tigerbbs.com/0b75218effa7b005d0ef2ecef92e270e\" tg-width=\"1110\" tg-height=\"563\" referrerpolicy=\"no-referrer\"><b>What to Watch When the Stock Market Opens Today:</b></p><p><blockquote><b>今日股市开盘看点：</b></blockquote></p><p> <ul>  <li>U.S.-listed Chinese stocks start to recover from Monday’s slump in&nbsp;premarket&nbsp;trading as the global selloff moderates. Alibaba (BABA US), Baidu (BIDU US), Nio (NIO US), Tencent Music (TME US)and Bilibili (BILI US) are among the gainers.</li>  <li><a href=\"https://laohu8.com/S/UBER\">Uber</a> Technologies&nbsp;rose 3.9% before the bell. The ride-hailing firm said it expects toreach a measure of profitability in the current quarter, months earlier than previously expected.</li>  <li>Uber’s riva&nbsp;lLyft&nbsp;added 1.9% in premarket trading.</li>  <li><a href=\"https://laohu8.com/S/USB\">U.S. Bancorp</a>&nbsp;shares edged up 0.9% after the lender said it had agreed to buy MUFG Union Bank, which operates about 300 branches mainly on the <a href=\"https://laohu8.com/S/WSTC\">West</a> Coast, for about $8 billion.</li>  <li><a href=\"https://laohu8.com/S/LEN\">Lennar</a> .&nbsp;fell more than 3% in premarket trading. The homebuilder said its third-quarter earnings were hurt by supply-chain challenges that show no sign of easing.</li>  <li><a href=\"https://laohu8.com/S/COP\">ConocoPhillips</a>&nbsp;ticked up 1% after the oil-and-gas company said it hadagreed to buy all of <a href=\"https://laohu8.com/S/RGLD\">Royal</a> Dutch Shell’s assets in the Permian Basinfor about $9.5 billion in cash. Shell investors cheered the deal: U.S.-listed shares jumped almost 5%.</li>  <li><a href=\"https://laohu8.com/S/OXY\">Occidental</a> Petroleum,&nbsp;<a href=\"https://laohu8.com/S/DVN\">Devon</a> EnergyDVN-5.40%andPhillips 66PSX-2.65%rose in premarket trading as oil prices rallied and theenergy sector looked set to rebound from a broad selloff.</li>  <li><a href=\"https://laohu8.com/S/DOW\">Dow Chemical</a> gained more than 3%. Shares of the chemicals giant have been on a downtrend since June. Chief Executive Jim Fitterling told The Wall Street Journal last month he wants to knowhow Congress plans to pay for a proposed move to zero-carbon emission electricity.</li>  <li><a href=\"https://laohu8.com/S/VRCA\">Verrica Pharmaceuticals Inc.</a> plunges 30% in&nbsp;premarket&nbsp;trading after failing to get FDA approval for VP-102 for the treatment of molluscum contagiosum</li>  <li><a href=\"https://laohu8.com/S/RWLK\">ReWalk Robotics</a> shares jump 43% in U.S.&nbsp;premarket&nbsp;trading amid a spike in volume in the stock. Being discussed on StockTwits.</li>  <li><a href=\"https://laohu8.com/S/APRE\">Aprea Therapeutics, Inc.</a> gains 21% in U.S.&nbsp;premarket&nbsp;trading after the company reported complete remission in a bladder cancer patient in Phase 1/2 clinical trial of eprenetapopt in combination with pembrolizumab.</li>  <li><a href=\"https://laohu8.com/S/SDC\">SmileDirectClub, Inc.</a> slightly higher in&nbsp;premarket&nbsp;trading after it said on Monday that it plans to enter France with an initial location in Paris.</li>  <li><a href=\"https://laohu8.com/S/KAR\">KAR Auction</a> shares fell 4.6% in post-market trading on Monday after the company withdrew is full-year financial outlook citing disruption caused by chip shortage.</li>  <li><a href=\"https://laohu8.com/S/SRAD\">Sportradar Group AG</a> shares jumped 4.5% in Monday postmarket trading, after the company said basketball legend Michael Jordan will serve as a special adviser to its board and also increase his investment in the sports betting and entertainment services provider, effective immediately.</li>  <li><a href=\"https://laohu8.com/S/OEG\">Orbital Energy Group</a> gained 6% postmarket Monday after a unit won a contract &nbsp;to construct 1,910 miles of rural broadband network in Virginia. Terms were not disclosed.</li> </ul> <b>Bitcoin</b> prices stabilized after tumbling on Monday,when investors ditched riskier and speculative assets.</p><p><blockquote><ul><li>随着全球抛售放缓，在美国上市的中国股市开始从周一盘前交易的暴跌中复苏。阿里巴巴-SW（BABA US）、百度（BIDU US）、蔚来（蔚来US）、腾讯控股音乐（TME US）和哔哩哔哩（BILI US）涨幅居前。</li><li><a href=\"https://laohu8.com/S/UBER\">优步</a>科技股盘前涨3.9%。这家网约车公司表示，预计本季度将实现一定程度的盈利，比之前的预期提前了几个月。</li><li>Uber的Riva Llyft在盘前交易中上涨1.9%。</li><li><a href=\"https://laohu8.com/S/USB\">美国合众银行</a>三菱日联联合银行(MUFG Union Bank)表示已同意收购三菱日联联合银行(MUFG Union Bank)后，该银行股价小幅上涨0.9%。该银行主要在<a href=\"https://laohu8.com/S/WSTC\">西方</a>海岸，约80亿美元。</li><li><a href=\"https://laohu8.com/S/LEN\">伦纳尔</a>.盘前交易跌超3%。该住宅建筑商表示，其第三季度收益受到供应链挑战的影响，而且没有任何缓解的迹象。</li><li><a href=\"https://laohu8.com/S/COP\">康菲</a>该石油和天然气公司表示同意收购全部<a href=\"https://laohu8.com/S/RGLD\">皇家的</a>荷兰壳牌在二叠纪盆地的资产价值约95亿美元现金。壳牌投资者对这笔交易表示欢迎：在美国上市的股票上涨了近5%。</li><li><a href=\"https://laohu8.com/S/OXY\">西方</a>石油、<a href=\"https://laohu8.com/S/DVN\">德文郡</a>随着油价上涨以及能源行业似乎将从广泛抛售中反弹，EnergyDVN-5.40%和Phillips 66PSX-2.65%在盘前交易中上涨。</li><li><a href=\"https://laohu8.com/S/DOW\">陶氏化学</a>涨幅超过3%。自6月份以来，这家化工巨头的股价一直处于下跌趋势。首席执行官吉姆·菲特林上个月告诉《华尔街日报》，他想知道国会计划如何为拟议的零碳排放电力支付费用。</li><li><a href=\"https://laohu8.com/S/VRCA\">韦里卡制药公司。</a>VP-102治疗传染性软疣未能获得FDA批准后，盘前交易暴跌30%</li><li><a href=\"https://laohu8.com/S/RWLK\">ReWalk机器人</a>由于该股成交量激增，该股在美国盘前交易中上涨43%。正在StockTwits上讨论。</li><li><a href=\"https://laohu8.com/S/APRE\">Aprea治疗公司。</a>在该公司报告eprenetapopt联合pembrolizumab的1/2期临床试验中，一名膀胱癌患者完全缓解后，美国盘前交易上涨21%。</li><li><a href=\"https://laohu8.com/S/SDC\">微笑直接俱乐部公司。</a>该公司周一表示计划进入法国，最初地点设在巴黎，盘前交易小幅走高。</li><li><a href=\"https://laohu8.com/S/KAR\">卡尔拍卖</a>周一，该公司以芯片短缺造成干扰为由撤回了全年财务展望，股价在盘后交易中下跌4.6%。</li><li><a href=\"https://laohu8.com/S/SRAD\">Sportradar集团</a>周一盘后交易中，该公司表示篮球传奇人物迈克尔·乔丹将担任董事会特别顾问，并增加对这家体育博彩和娱乐服务提供商的投资，立即生效，股价上涨4.5%。</li><li><a href=\"https://laohu8.com/S/OEG\">轨道能量群</a>周一盘后股价上涨6%，此前一家单位赢得了在弗吉尼亚州建设1,910英里农村宽带网络的合同。条款没有披露。</li></ul><b>比特币</b>价格在周一暴跌后企稳，当时投资者放弃了风险较高和投机性的资产。</blockquote></p><p></p><p> <b>In FX, </b>the Bloomberg Dollar Spot Index inched lower and the greenback fell versus most of its Group-of-10 peers as a selloff in global stocks over the past two sessions abated; the euro hovered while commodity currencies led by the Norwegian krone were the best performers amid an advance in crude oil prices. Sweden’s krona was little changed after the Riksbank steered clear of signaling any post-pandemic tightening, as it remains unconvinced that a recent surge in inflation will last. The pound bucked a three-day losing streak as global risk appetite revived, while investors look to Thursday’s Bank of England meeting for policy clues. The yen erased earlier gains as signs that risk appetite is stabilizing damped demand for haven assets. At the same time, losses were capped due to uncertainty over China’s handling of the Evergrande debt crisis.</p><p><blockquote><b>在FX中，</b>随着过去两个交易日全球股市抛售减弱，彭博美元现货指数小幅走低，美元兑大多数10国集团货币下跌；欧元徘徊不前，而以挪威克朗为首的大宗商品货币在原油价格上涨的情况下表现最佳。在瑞典央行避免发出任何大流行后紧缩的信号后，瑞典克朗几乎没有变化，因为它仍然不相信最近的通胀飙升会持续下去。随着全球风险偏好复苏，英镑扭转了连续三天的下跌，而投资者则期待周四的英国央行会议寻求政策线索。日圆抹去稍早涨幅，因有迹象显示风险偏好正在企稳，令避险资产需求受挫。与此同时，由于中国处理恒大债务危机的不确定性，损失受到限制。</blockquote></p><p> <b>In rates, </b>Treasuries were lower, although off worst levels of the day as U.S. stock futures recover around half of Monday’s losses while European equities trade with a strong bid tone. Yields are cheaper by up to 2.5bp across long-end of the curve, steepening 5s30s spread by 1.2bp;<b>10-year yields around 1.3226%,</b>cheaper by 1.5bp on the day, lagging bunds and gilts by 1bp-2bp. The long-end of the curve lags ahead of $24b 20-year bond reopening. Treasury will auction $24b 20-year bonds in first reopening at 1pm ET; WI yield ~1.82% is below auction stops since January and ~3bp richer than last month’s new-issue result</p><p><blockquote><b>在费率方面，</b>美国国债走低，尽管脱离了当天的最差水平，因为美国股指期货收复了周一跌幅的一半左右，而欧洲股市的交易基调强劲。曲线长端的收益率最多便宜2.5个基点，5s30s利差陡峭1.2个基点；<b>10年期收益率在1.3226%左右，</b>当天便宜1.5个基点，落后德国国债和英国国债1bp-2bp。曲线的长端落后于240亿美元的20年期债券重新开放。财政部将于美国东部时间下午1点首次重新开放拍卖24b美元20年期债券；WI收益率约为1.82%，低于1月份以来的拍卖止损点，比上个月的新发行结果高出约3个基点</blockquote></p><p> <b>In commodities, </b>crude futures rose, with the front month WTI up 1.5% near $71.50. Brent stalls near $75. Spot gold trades a narrow range near $1,765/oz. Base metals are mostly in the green with LME aluminum the best performer</p><p><blockquote><b>在大宗商品中，</b>原油期货上涨，近月WTI上涨1.5%，接近71.50美元。布伦特原油价格徘徊在75美元附近。现货黄金在1765美元/盎司附近窄幅交易。基本金属大多呈绿色，LME铝表现最佳</blockquote></p><p> Looking at the day ahead now, and data releases include US housing starts and building permits for August, along with the UK public finances for September. From central banks, we’ll hear from ECB Vice President de Guindos. Otherwise, the General Debate will begin at the UN General Assembly, and the OECD publishes their Interim Economic Outlook.</p><p><blockquote>展望未来，公布的数据包括美国8月份新屋开工和建筑许可，以及英国9月份公共财政。在央行方面，我们将听取欧洲央行副行长德金多斯的发言。否则，一般性辩论将在联合国大会开始，经合组织将发布他们的中期经济展望。</blockquote></p><p></p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Toplines Before US Market Open on Tuesday<blockquote>周二美国市场开盘前的营收</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; 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}\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\">\nToplines Before US Market Open on Tuesday<blockquote>周二美国市场开盘前的营收</blockquote>\n</h2>\n<h4 class=\"meta\">\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time smaller\">2021-09-21 19:32</p>\n</div>\n</a>\n</h4>\n</header>\n<article>\n<p><ul>  <li>U.S. stock futures are up.</li>  <li>Oil ends days of losses.</li>  <li>Key central bank meetings this week in US, Britain, Japan.</li> </ul> (Sept 21)&nbsp;U.S. stock futures are up,&nbsp;suggesting markets are poised to rebound&nbsp;a day after concerns about China’s property sector helped fuel a global selloff in stocks and commodities.</p><p><blockquote><ul><li>美国股指期货上涨。</li><li>石油结束了连日的下跌。</li><li>本周美国、英国和日本将举行重要央行会议。</li></ul>（九月二十一日）美国。股指期货上涨，表明在对中国房地产行业的担忧引发全球股市和大宗商品抛售一天后，市场有望反弹。</blockquote></p><p> At 7:37 a.m. ET, Dow e-minis were up 259 points, or 0.77%, S&amp;P 500 e-minis gained 31.25 points, or 0.72%, and Nasdaq 100 e-minis jumped 109&nbsp;points, or 0.73%.</p><p><blockquote>截至美国东部时间上午7:37，道指e-minis上涨259点，涨幅0.77%，标普500 e-minis上涨31.25点，涨幅0.72%，纳斯达克100 e-minis上涨109点，涨幅0.73%。</blockquote></p><p> <img src=\"https://static.tigerbbs.com/7fffdf1b0c371cce64957069d1ca4fc9\" tg-width=\"1235\" tg-height=\"515\" referrerpolicy=\"no-referrer\">Vix's decline has narrowed, and VIX is currently down by 9.33%.</p><p><blockquote>VIX跌幅收窄，VIX目前下跌9.33%。</blockquote></p><p> <img src=\"https://static.tigerbbs.com/0b75218effa7b005d0ef2ecef92e270e\" tg-width=\"1110\" tg-height=\"563\" referrerpolicy=\"no-referrer\"><b>What to Watch When the Stock Market Opens Today:</b></p><p><blockquote><b>今日股市开盘看点：</b></blockquote></p><p> <ul>  <li>U.S.-listed Chinese stocks start to recover from Monday’s slump in&nbsp;premarket&nbsp;trading as the global selloff moderates. Alibaba (BABA US), Baidu (BIDU US), Nio (NIO US), Tencent Music (TME US)and Bilibili (BILI US) are among the gainers.</li>  <li><a href=\"https://laohu8.com/S/UBER\">Uber</a> Technologies&nbsp;rose 3.9% before the bell. The ride-hailing firm said it expects toreach a measure of profitability in the current quarter, months earlier than previously expected.</li>  <li>Uber’s riva&nbsp;lLyft&nbsp;added 1.9% in premarket trading.</li>  <li><a href=\"https://laohu8.com/S/USB\">U.S. Bancorp</a>&nbsp;shares edged up 0.9% after the lender said it had agreed to buy MUFG Union Bank, which operates about 300 branches mainly on the <a href=\"https://laohu8.com/S/WSTC\">West</a> Coast, for about $8 billion.</li>  <li><a href=\"https://laohu8.com/S/LEN\">Lennar</a> .&nbsp;fell more than 3% in premarket trading. The homebuilder said its third-quarter earnings were hurt by supply-chain challenges that show no sign of easing.</li>  <li><a href=\"https://laohu8.com/S/COP\">ConocoPhillips</a>&nbsp;ticked up 1% after the oil-and-gas company said it hadagreed to buy all of <a href=\"https://laohu8.com/S/RGLD\">Royal</a> Dutch Shell’s assets in the Permian Basinfor about $9.5 billion in cash. Shell investors cheered the deal: U.S.-listed shares jumped almost 5%.</li>  <li><a href=\"https://laohu8.com/S/OXY\">Occidental</a> Petroleum,&nbsp;<a href=\"https://laohu8.com/S/DVN\">Devon</a> EnergyDVN-5.40%andPhillips 66PSX-2.65%rose in premarket trading as oil prices rallied and theenergy sector looked set to rebound from a broad selloff.</li>  <li><a href=\"https://laohu8.com/S/DOW\">Dow Chemical</a> gained more than 3%. Shares of the chemicals giant have been on a downtrend since June. Chief Executive Jim Fitterling told The Wall Street Journal last month he wants to knowhow Congress plans to pay for a proposed move to zero-carbon emission electricity.</li>  <li><a href=\"https://laohu8.com/S/VRCA\">Verrica Pharmaceuticals Inc.</a> plunges 30% in&nbsp;premarket&nbsp;trading after failing to get FDA approval for VP-102 for the treatment of molluscum contagiosum</li>  <li><a href=\"https://laohu8.com/S/RWLK\">ReWalk Robotics</a> shares jump 43% in U.S.&nbsp;premarket&nbsp;trading amid a spike in volume in the stock. Being discussed on StockTwits.</li>  <li><a href=\"https://laohu8.com/S/APRE\">Aprea Therapeutics, Inc.</a> gains 21% in U.S.&nbsp;premarket&nbsp;trading after the company reported complete remission in a bladder cancer patient in Phase 1/2 clinical trial of eprenetapopt in combination with pembrolizumab.</li>  <li><a href=\"https://laohu8.com/S/SDC\">SmileDirectClub, Inc.</a> slightly higher in&nbsp;premarket&nbsp;trading after it said on Monday that it plans to enter France with an initial location in Paris.</li>  <li><a href=\"https://laohu8.com/S/KAR\">KAR Auction</a> shares fell 4.6% in post-market trading on Monday after the company withdrew is full-year financial outlook citing disruption caused by chip shortage.</li>  <li><a href=\"https://laohu8.com/S/SRAD\">Sportradar Group AG</a> shares jumped 4.5% in Monday postmarket trading, after the company said basketball legend Michael Jordan will serve as a special adviser to its board and also increase his investment in the sports betting and entertainment services provider, effective immediately.</li>  <li><a href=\"https://laohu8.com/S/OEG\">Orbital Energy Group</a> gained 6% postmarket Monday after a unit won a contract &nbsp;to construct 1,910 miles of rural broadband network in Virginia. Terms were not disclosed.</li> </ul> <b>Bitcoin</b> prices stabilized after tumbling on Monday,when investors ditched riskier and speculative assets.</p><p><blockquote><ul><li>随着全球抛售放缓，在美国上市的中国股市开始从周一盘前交易的暴跌中复苏。阿里巴巴-SW（BABA US）、百度（BIDU US）、蔚来（蔚来US）、腾讯控股音乐（TME US）和哔哩哔哩（BILI US）涨幅居前。</li><li><a href=\"https://laohu8.com/S/UBER\">优步</a>科技股盘前涨3.9%。这家网约车公司表示，预计本季度将实现一定程度的盈利，比之前的预期提前了几个月。</li><li>Uber的Riva Llyft在盘前交易中上涨1.9%。</li><li><a href=\"https://laohu8.com/S/USB\">美国合众银行</a>三菱日联联合银行(MUFG Union Bank)表示已同意收购三菱日联联合银行(MUFG Union Bank)后，该银行股价小幅上涨0.9%。该银行主要在<a href=\"https://laohu8.com/S/WSTC\">西方</a>海岸，约80亿美元。</li><li><a href=\"https://laohu8.com/S/LEN\">伦纳尔</a>.盘前交易跌超3%。该住宅建筑商表示，其第三季度收益受到供应链挑战的影响，而且没有任何缓解的迹象。</li><li><a href=\"https://laohu8.com/S/COP\">康菲</a>该石油和天然气公司表示同意收购全部<a href=\"https://laohu8.com/S/RGLD\">皇家的</a>荷兰壳牌在二叠纪盆地的资产价值约95亿美元现金。壳牌投资者对这笔交易表示欢迎：在美国上市的股票上涨了近5%。</li><li><a href=\"https://laohu8.com/S/OXY\">西方</a>石油、<a href=\"https://laohu8.com/S/DVN\">德文郡</a>随着油价上涨以及能源行业似乎将从广泛抛售中反弹，EnergyDVN-5.40%和Phillips 66PSX-2.65%在盘前交易中上涨。</li><li><a href=\"https://laohu8.com/S/DOW\">陶氏化学</a>涨幅超过3%。自6月份以来，这家化工巨头的股价一直处于下跌趋势。首席执行官吉姆·菲特林上个月告诉《华尔街日报》，他想知道国会计划如何为拟议的零碳排放电力支付费用。</li><li><a href=\"https://laohu8.com/S/VRCA\">韦里卡制药公司。</a>VP-102治疗传染性软疣未能获得FDA批准后，盘前交易暴跌30%</li><li><a href=\"https://laohu8.com/S/RWLK\">ReWalk机器人</a>由于该股成交量激增，该股在美国盘前交易中上涨43%。正在StockTwits上讨论。</li><li><a href=\"https://laohu8.com/S/APRE\">Aprea治疗公司。</a>在该公司报告eprenetapopt联合pembrolizumab的1/2期临床试验中，一名膀胱癌患者完全缓解后，美国盘前交易上涨21%。</li><li><a href=\"https://laohu8.com/S/SDC\">微笑直接俱乐部公司。</a>该公司周一表示计划进入法国，最初地点设在巴黎，盘前交易小幅走高。</li><li><a href=\"https://laohu8.com/S/KAR\">卡尔拍卖</a>周一，该公司以芯片短缺造成干扰为由撤回了全年财务展望，股价在盘后交易中下跌4.6%。</li><li><a href=\"https://laohu8.com/S/SRAD\">Sportradar集团</a>周一盘后交易中，该公司表示篮球传奇人物迈克尔·乔丹将担任董事会特别顾问，并增加对这家体育博彩和娱乐服务提供商的投资，立即生效，股价上涨4.5%。</li><li><a href=\"https://laohu8.com/S/OEG\">轨道能量群</a>周一盘后股价上涨6%，此前一家单位赢得了在弗吉尼亚州建设1,910英里农村宽带网络的合同。条款没有披露。</li></ul><b>比特币</b>价格在周一暴跌后企稳，当时投资者放弃了风险较高和投机性的资产。</blockquote></p><p></p><p> <b>In FX, </b>the Bloomberg Dollar Spot Index inched lower and the greenback fell versus most of its Group-of-10 peers as a selloff in global stocks over the past two sessions abated; the euro hovered while commodity currencies led by the Norwegian krone were the best performers amid an advance in crude oil prices. Sweden’s krona was little changed after the Riksbank steered clear of signaling any post-pandemic tightening, as it remains unconvinced that a recent surge in inflation will last. The pound bucked a three-day losing streak as global risk appetite revived, while investors look to Thursday’s Bank of England meeting for policy clues. The yen erased earlier gains as signs that risk appetite is stabilizing damped demand for haven assets. At the same time, losses were capped due to uncertainty over China’s handling of the Evergrande debt crisis.</p><p><blockquote><b>在FX中，</b>随着过去两个交易日全球股市抛售减弱，彭博美元现货指数小幅走低，美元兑大多数10国集团货币下跌；欧元徘徊不前，而以挪威克朗为首的大宗商品货币在原油价格上涨的情况下表现最佳。在瑞典央行避免发出任何大流行后紧缩的信号后，瑞典克朗几乎没有变化，因为它仍然不相信最近的通胀飙升会持续下去。随着全球风险偏好复苏，英镑扭转了连续三天的下跌，而投资者则期待周四的英国央行会议寻求政策线索。日圆抹去稍早涨幅，因有迹象显示风险偏好正在企稳，令避险资产需求受挫。与此同时，由于中国处理恒大债务危机的不确定性，损失受到限制。</blockquote></p><p> <b>In rates, </b>Treasuries were lower, although off worst levels of the day as U.S. stock futures recover around half of Monday’s losses while European equities trade with a strong bid tone. Yields are cheaper by up to 2.5bp across long-end of the curve, steepening 5s30s spread by 1.2bp;<b>10-year yields around 1.3226%,</b>cheaper by 1.5bp on the day, lagging bunds and gilts by 1bp-2bp. The long-end of the curve lags ahead of $24b 20-year bond reopening. Treasury will auction $24b 20-year bonds in first reopening at 1pm ET; WI yield ~1.82% is below auction stops since January and ~3bp richer than last month’s new-issue result</p><p><blockquote><b>在费率方面，</b>美国国债走低，尽管脱离了当天的最差水平，因为美国股指期货收复了周一跌幅的一半左右，而欧洲股市的交易基调强劲。曲线长端的收益率最多便宜2.5个基点，5s30s利差陡峭1.2个基点；<b>10年期收益率在1.3226%左右，</b>当天便宜1.5个基点，落后德国国债和英国国债1bp-2bp。曲线的长端落后于240亿美元的20年期债券重新开放。财政部将于美国东部时间下午1点首次重新开放拍卖24b美元20年期债券；WI收益率约为1.82%，低于1月份以来的拍卖止损点，比上个月的新发行结果高出约3个基点</blockquote></p><p> <b>In commodities, </b>crude futures rose, with the front month WTI up 1.5% near $71.50. Brent stalls near $75. Spot gold trades a narrow range near $1,765/oz. Base metals are mostly in the green with LME aluminum the best performer</p><p><blockquote><b>在大宗商品中，</b>原油期货上涨，近月WTI上涨1.5%，接近71.50美元。布伦特原油价格徘徊在75美元附近。现货黄金在1765美元/盎司附近窄幅交易。基本金属大多呈绿色，LME铝表现最佳</blockquote></p><p> Looking at the day ahead now, and data releases include US housing starts and building permits for August, along with the UK public finances for September. From central banks, we’ll hear from ECB Vice President de Guindos. Otherwise, the General Debate will begin at the UN General Assembly, and the OECD publishes their Interim Economic Outlook.</p><p><blockquote>展望未来，公布的数据包括美国8月份新屋开工和建筑许可，以及英国9月份公共财政。在央行方面，我们将听取欧洲央行副行长德金多斯的发言。否则，一般性辩论将在联合国大会开始，经合组织将发布他们的中期经济展望。</blockquote></p><p></p>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".SPX":"S&P 500 Index",".DJI":"道琼斯","USB":"美国合众银行",".IXIC":"NASDAQ Composite","SPY":"标普500ETF"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1152381132","content_text":"U.S. stock futures are up.\nOil ends days of losses.\nKey central bank meetings this week in US, Britain, Japan.\n\n(Sept 21) U.S. stock futures are up, suggesting markets are poised to rebound a day after concerns about China’s property sector helped fuel a global selloff in stocks and commodities.\nAt 7:37 a.m. ET, Dow e-minis were up 259 points, or 0.77%, S&P 500 e-minis gained 31.25 points, or 0.72%, and Nasdaq 100 e-minis jumped 109 points, or 0.73%.\nVix's decline has narrowed, and VIX is currently down by 9.33%.\nWhat to Watch When the Stock Market Opens Today:\n\nU.S.-listed Chinese stocks start to recover from Monday’s slump in premarket trading as the global selloff moderates. Alibaba (BABA US), Baidu (BIDU US), Nio (NIO US), Tencent Music (TME US)and Bilibili (BILI US) are among the gainers.\nUber Technologies rose 3.9% before the bell. The ride-hailing firm said it expects toreach a measure of profitability in the current quarter, months earlier than previously expected.\nUber’s riva lLyft added 1.9% in premarket trading.\nU.S. Bancorp shares edged up 0.9% after the lender said it had agreed to buy MUFG Union Bank, which operates about 300 branches mainly on the West Coast, for about $8 billion.\nLennar . fell more than 3% in premarket trading. The homebuilder said its third-quarter earnings were hurt by supply-chain challenges that show no sign of easing.\nConocoPhillips ticked up 1% after the oil-and-gas company said it hadagreed to buy all of Royal Dutch Shell’s assets in the Permian Basinfor about $9.5 billion in cash. Shell investors cheered the deal: U.S.-listed shares jumped almost 5%.\nOccidental Petroleum, Devon EnergyDVN-5.40%andPhillips 66PSX-2.65%rose in premarket trading as oil prices rallied and theenergy sector looked set to rebound from a broad selloff.\nDow Chemical gained more than 3%. Shares of the chemicals giant have been on a downtrend since June. Chief Executive Jim Fitterling told The Wall Street Journal last month he wants to knowhow Congress plans to pay for a proposed move to zero-carbon emission electricity.\nVerrica Pharmaceuticals Inc. plunges 30% in premarket trading after failing to get FDA approval for VP-102 for the treatment of molluscum contagiosum\nReWalk Robotics shares jump 43% in U.S. premarket trading amid a spike in volume in the stock. Being discussed on StockTwits.\nAprea Therapeutics, Inc. gains 21% in U.S. premarket trading after the company reported complete remission in a bladder cancer patient in Phase 1/2 clinical trial of eprenetapopt in combination with pembrolizumab.\nSmileDirectClub, Inc. slightly higher in premarket trading after it said on Monday that it plans to enter France with an initial location in Paris.\nKAR Auction shares fell 4.6% in post-market trading on Monday after the company withdrew is full-year financial outlook citing disruption caused by chip shortage.\nSportradar Group AG shares jumped 4.5% in Monday postmarket trading, after the company said basketball legend Michael Jordan will serve as a special adviser to its board and also increase his investment in the sports betting and entertainment services provider, effective immediately.\nOrbital Energy Group gained 6% postmarket Monday after a unit won a contract  to construct 1,910 miles of rural broadband network in Virginia. Terms were not disclosed.\n\nBitcoin prices stabilized after tumbling on Monday,when investors ditched riskier and speculative assets.\nIn FX, the Bloomberg Dollar Spot Index inched lower and the greenback fell versus most of its Group-of-10 peers as a selloff in global stocks over the past two sessions abated; the euro hovered while commodity currencies led by the Norwegian krone were the best performers amid an advance in crude oil prices. Sweden’s krona was little changed after the Riksbank steered clear of signaling any post-pandemic tightening, as it remains unconvinced that a recent surge in inflation will last. The pound bucked a three-day losing streak as global risk appetite revived, while investors look to Thursday’s Bank of England meeting for policy clues. The yen erased earlier gains as signs that risk appetite is stabilizing damped demand for haven assets. At the same time, losses were capped due to uncertainty over China’s handling of the Evergrande debt crisis.\nIn rates, Treasuries were lower, although off worst levels of the day as U.S. stock futures recover around half of Monday’s losses while European equities trade with a strong bid tone. Yields are cheaper by up to 2.5bp across long-end of the curve, steepening 5s30s spread by 1.2bp;10-year yields around 1.3226%,cheaper by 1.5bp on the day, lagging bunds and gilts by 1bp-2bp. The long-end of the curve lags ahead of $24b 20-year bond reopening. Treasury will auction $24b 20-year bonds in first reopening at 1pm ET; WI yield ~1.82% is below auction stops since January and ~3bp richer than last month’s new-issue result\nIn commodities, crude futures rose, with the front month WTI up 1.5% near $71.50. Brent stalls near $75. Spot gold trades a narrow range near $1,765/oz. Base metals are mostly in the green with LME aluminum the best performer\nLooking at the day ahead now, and data releases include US housing starts and building permits for August, along with the UK public finances for September. From central banks, we’ll hear from ECB Vice President de Guindos. Otherwise, the General Debate will begin at the UN General Assembly, and the OECD publishes their Interim Economic Outlook.","news_type":1,"symbols_score_info":{"SPY":0.9,".SPX":0.9,".DJI":0.9,".IXIC":0.9,"USB":0.9}},"isVote":1,"tweetType":1,"viewCount":625,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":814269751,"gmtCreate":1630825819973,"gmtModify":1631893996264,"author":{"id":"4087691982117120","authorId":"4087691982117120","name":"triu","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"4087691982117120","idStr":"4087691982117120"},"themes":[],"htmlText":"Like&nbsp;","listText":"Like&nbsp;","text":"Like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":3,"repostSize":0,"link":"https://laohu8.com/post/814269751","repostId":"1157895022","repostType":4,"repost":{"id":"1157895022","kind":"news","pubTimestamp":1630810619,"share":"https://www.laohu8.com/m/news/1157895022?lang=zh_CN&edition=full","pubTime":"2021-09-05 10:56","market":"us","language":"en","title":"Beat the market with this quant system that’s very bullish on stocks at record highs<blockquote>利用这个非常看好历史新高股票的量化系统击败市场</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1157895022","media":"MarketWatch","summary":"Vance Howard’s HCM Tactical Growth Fund moves you in and out of the stock market when prudent to do ","content":"<p>  <b>Vance Howard’s HCM Tactical Growth Fund moves you in and out of the stock market when prudent to do so. So far his team of computer scientists’ strategy has paid off.</b>  Imagine you had a money-making machine to harvest gains in the stock market while you sat back to enjoy life.</p><p><blockquote><b>万斯·霍华德(Vance Howard)的HCM战术增长基金在谨慎的情况下让您进出股市。到目前为止，他的计算机科学家团队的策略已经得到了回报。</b>想象一下，当你坐下来享受生活时，你有一台赚钱机器在股市中收获收益。</blockquote></p><p> That’s everyone’s dream, right? Investor Vance Howard thinks he’s found it.</p><p><blockquote>那是每个人的梦想，对吧？投资者万斯·霍华德认为他已经找到了。</blockquote></p><p> Howard and his small army of computer programmers atHoward Capital Managementin Roswell, Ga., have a quantitative system that posts great returns.</p><p><blockquote>霍华德和他的一小队计算机程序员在佐治亚州罗斯威尔的资本管理公司工作。，有一个量化系统，张贴巨大的回报。</blockquote></p><p> His HCM Tactical Growth Fund&nbsp;HCMGX,+0.35%beats its Russell 1000&nbsp;benchmark index and large-blend fund category by 8.5-10.4 percentage points annualized over the past five years, according to Morningstar. That is no small feat, and not only because it has to overcome a 2.22% fee. Beating the market is simply not easy. His HCM Dividend Sector PlusHCMQX,-0.05%) and HCM Income PlusHCMLX,+0.30%funds post similar outperformance.</p><p><blockquote>根据晨星公司的数据，他的HCM战术增长基金HCMGX,+0.35%在过去五年中的年化增长率比罗素1000基准指数和大型混合基金类别高出8.5-10.4个百分点。这不是一个小壮举，不仅因为它必须克服2.22%的费用。战胜市场并不容易。他的HCM Dividend Sector PlusHCMQX,-0.05%)和HCM Income PlusHCMLX,+0.30%基金也表现类似。</blockquote></p><p> There are drawbacks, which I detail below. (Among them: Potentially long stretches of underperformance and regular tax bills.) But first, what can we learn from this winner?</p><p><blockquote>有缺点，我在下面详述。（其中包括：潜在的长期表现不佳和定期的税单。）但首先，我们能从这位赢家身上学到什么？</blockquote></p><p> So-called quants never share all the details of their proprietary systems, but Howard shares a lot, as you’ll see. And this Texas rancher has a lot of good advice based on “horse sense” — not surprising, given his infectious passion for the markets, and his three decades of experience as a pro.</p><p><blockquote>所谓的量化分析师从不分享他们专有系统的所有细节，但正如你将看到的，霍华德分享了很多。这位德克萨斯州牧场主有很多基于“马的感觉”的好建议——考虑到他对市场富有感染力的热情，以及他三十年的职业经验，这并不奇怪。</blockquote></p><p> Here are five lessons, 12 exchange traded funds (ETFs) and four stocks to consider, from a recent interview with him.</p><p><blockquote>以下是最近对他的采访中的五个教训、12只交易所交易基金(ETF)和四只值得考虑的股票。</blockquote></p><p> <b>Lesson #1: Don’t be emotional</b></p><p><blockquote><b>第一课：不要情绪化</b></blockquote></p><p> It’s no surprise so many people do poorly in the market. Evolution has programmed us to fail. For survival, we’ve learned to run from things that frightens us. And crave more of things that are pleasurable — like sweets or fats to store calories ahead of what might be a long stretch without food. But in the market, acting on the emotions of fear and greed invariably make us do the wrong thing at the wrong time. Sell at the bottom, buy at the top.</p><p><blockquote>难怪这么多人在市场上表现不佳。进化让我们注定要失败。为了生存，我们学会了逃避让我们害怕的事情。渴望更多令人愉快的东西——比如甜食或脂肪，以便在长时间没有食物之前储存卡路里。但在市场中，对恐惧和贪婪的情绪采取行动总是会让我们在错误的时间做错误的事情。底部卖出，顶部买入。</blockquote></p><p> Likewise, we’re programmed to believe being with the crowd brings safety. If you’re a zebra on the Savanna, you are more likely to get picked off by a predator if you go it alone. The problem here is being part of a crowd — and crowd psychology — dumb us down to a purely emotional level. This is why people in crowds do terrible things they would never do on their own. It doesn’t matter how smart you are. When you join a crowd, you lose a lot of IQ points. Base emotions take over.</p><p><blockquote>同样，我们被设定为相信和人群在一起会带来安全。如果你是稀树草原上的斑马，如果你单干，你更有可能被捕食者吃掉。这里的问题是，成为人群的一部分——以及人群心理——让我们变得愚蠢到纯粹的情感层面。这就是为什么人群中的人会做他们自己永远不会做的可怕的事情。你有多聪明并不重要。当你加入一个人群时，你会失去很多智商点。基本情绪占了上风。</blockquote></p><p> To do well in the market, you have to counteract these tendencies. “One of the biggest mistakes individual investors and money managers make is getting emotional,” says Howard. “Let your emotions go.”</p><p><blockquote>要想在市场上做得好，你必须抵制这些倾向。“个人投资者和基金经理犯的最大错误之一就是变得情绪化，”霍华德说。“放下你的情绪。”</blockquote></p><p> <b>Lesson #2: Have a system and stick to it</b></p><p><blockquote><b>第二课：有一个系统并坚持下去</b></blockquote></p><p> To exorcise emotion, have a system. “And don’t second guess it,” says Howard. “This keeps you from letting the pandemic or Afghanistan scare you out of the market.” He calls his system the HCM-BuyLine. It is basically a momentum and trend-following system — which often works well in the markets.</p><p><blockquote>驱除情绪，要有一个系统。“不要怀疑它，”霍华德说。“这可以防止你被大流行或阿富汗吓出市场。”他评级了他的系统HCM-购买线。它基本上是一个动量和趋势跟踪系统——通常在市场上运行良好。</blockquote></p><p> The HCM-BuyLine basically works like this. First, rather than use the S&amp;P 500SPX,-0.03%or the Dow Jones Industrial AverageDJIA,-0.21%,Howard blends several stock indices to create his own index. Then he uses a moving average that tells him whether the market is in an uptrend or downtrend.</p><p><blockquote>HCM-BuyLine基本上是这样工作的。首先，霍华德没有使用标准普尔500SPX（-0.03%）或道琼斯工业平均指数DJIA（-0.21%），而是混合了几个股票指数来创建自己的指数。然后他使用移动平均线来告诉他市场是处于上升趋势还是下降趋势。</blockquote></p><p> When the moving average drops 3.5%, he sells 35%. If it drops 6.5%, he sells another 35%. He rarely goes to 100% cash.</p><p><blockquote>当移动平均线下跌3.5%时，他卖出35%。如果下跌6.5%，他就再卖出35%。他很少100%现金。</blockquote></p><p> “If the BuyLine is positive, we will stay long no matter what,” he says. “We take all the emotion out of the equation by letting the math decide.”</p><p><blockquote>“如果买入线为正，无论如何我们都会长期持有，”他说。“我们通过让数学来决定，将所有情感从等式中剔除。”</blockquote></p><p> Right now, it’s bullish. (More on this below.)</p><p><blockquote>目前，情况看涨。（更多信息见下文。）</blockquote></p><p> Your system also has to tell you when to get back in.</p><p><blockquote>你的系统还必须告诉你什么时候回去。</blockquote></p><p> “That’s where most people screw up,” he says. “They get out of the market, and they don’t know when to get back in.” The HCM-BuyLine gives a buy signal when his custom index trades above its moving average for six consecutive sessions, and then goes on to trade above the high hit during those six days.</p><p><blockquote>“这就是大多数人搞砸的地方，”他说。“他们退出市场，不知道什么时候才能重新进入。”当他的定制指数连续六个交易日高于其移动平均线时，HCM-买入线会发出买入信号，然后继续高于这六天触及的高点。</blockquote></p><p> You don’t need a system that calls exact market tops or bottoms. Instead, the BuyLine keeps Howard out of down markets 85% of the time, and in for 85% of the good times.</p><p><blockquote>你不需要一个评级精确市场顶部或底部的系统。相反，买入线让霍华德在85%的时间里远离低迷的市场，在85%的好时光里远离。</blockquote></p><p> “If we can do that consistently, we have superior returns and a less stressful life,” he says. “Being all in during a bad tape is no fun.”</p><p><blockquote>“如果我们能够始终如一地做到这一点，我们就会获得更高的回报和更少的生活压力，”他说。“在一盘糟糕的磁带中全力以赴一点也不好玩。”</blockquote></p><p> His system is slow to get him out of the market, but quick to get him back in. Not even a 10% correction will necessarily move him out. He’s often buying those pullbacks. Getting back in fast makes sense, because recoveries off bottoms tend to happen fast.</p><p><blockquote>他的系统让他退出市场很慢，但让他回来很快。即使是10%的修正也不一定能让他出局。他经常买入那些回调。快速反弹是有意义的，因为从底部恢复往往会很快。</blockquote></p><p> “The HCM-BuyLine takes all the emotion out of the process,” says Howard.</p><p><blockquote>“HCM-BuyLine消除了整个过程中的所有情绪，”霍华德说。</blockquote></p><p> <b>Lesson #3: Don’t fight the tape</b></p><p><blockquote><b>第三课：不要和磁带作对</b></blockquote></p><p> This concept is one of the core pieces of wisdom from Marty Zweig’s classic book, “Winning on Wall Street.”</p><p><blockquote>这一概念是马蒂·茨威格经典著作《在华尔街获胜》中的核心智慧之一。</blockquote></p><p></p><p> “You have to stay on the right side of market,” agrees Howard. “If you try to trade long in a bad market, it is painful.”</p><p><blockquote>“你必须站在市场的正确一边，”霍华德表示同意。“如果你试图在糟糕的市场中做多，那是很痛苦的。”</blockquote></p><p> In other words, don’t try to be a hero.</p><p><blockquote>换句话说，不要试图成为英雄。</blockquote></p><p> “Sometimes, not losing money is where you want to be,” he says.</p><p><blockquote>“有时候，不赔钱才是你想要的，”他说。</blockquote></p><p> Likewise, don’t turn cautious just because the market hits new highs — like now. You should love new highs, because it is a sign of market strength that may likely endure.</p><p><blockquote>同样，不要仅仅因为市场创下新高就变得谨慎——就像现在这样。你应该喜欢新高，因为这是市场力量的标志，可能会持续下去。</blockquote></p><p> <b>Lesson #4: Keep it simple</b></p><p><blockquote><b>第四课：保持简单</b></blockquote></p><p> As you’ll see below, Howard doesn’t use esoteric instruments such as derivatives, swaps or index options. He doesn’t even trade foreign stocks or currencies. This is refreshing for individual investors, because we have a harder time accessing those tools.</p><p><blockquote>正如您将在下面看到的，霍华德不使用衍生品、掉期或指数期权等深奥工具。他甚至不交易外国股票或货币。这对个人投资者来说令人耳目一新，因为我们更难获得这些工具。</blockquote></p><p> “You don’t have to trade crazy stuff,” he says. “You can trade plain-vanilla ETFs and beat everybody out there.”</p><p><blockquote>“你不必交易疯狂的东西，”他说。“你可以交易普通的ETF并击败所有人。”</blockquote></p><p> <b>Lesson #5: How to trade the current market</b></p><p><blockquote><b>第5课：如何交易当前市场</b></blockquote></p><p> First, be long.</p><p><blockquote>首先，做长。</blockquote></p><p> “The HCM-BuyLine is very positive. We are 100% in,” says Howard. “The market is broadening out. It is getting pretty exciting. We do not see it turn around any time soon. We are buying pullbacks.”</p><p><blockquote>“HCM-购买线非常积极。我们100%参与，”霍华德说。“市场正在扩大。它变得相当令人兴奋。我们认为它不会很快好转。我们正在买入回调。”</blockquote></p><p> One bullish signal is all the cash on the sidelines. “If there is any relief in Covid, we may see a big rally. We may end up with a great fall [season].”</p><p><blockquote>一个看涨信号是所有现金都在观望。“如果新冠疫情有所缓解，我们可能会看到大幅反弹。我们可能会以一个伟大的秋季[季节]结束。”</blockquote></p><p> Howard uses momentum indicators to select stocks and ETFs, too. For sectors he favors the following.</p><p><blockquote>霍华德也使用动量指标来选择股票和ETF。对于行业，他倾向于以下几点。</blockquote></p><p> He likes health care, tradable through the iShares US HealthcareIYH,-0.04%and ProShares Ultra Health CareRXL,+0.12%ETFs. He’s turning more bullish on biotech, which he plays via the iShares Biotechnology ETFIBB,-0.11%.</p><p><blockquote>他喜欢医疗保健，可通过iShares US HealthcareIYH(-0.04%)和ProShares Ultra Health CareRXL(+0.12%)ETF进行交易。他变得更加看好生物技术，他通过iShares Biotechnology ETFIBB进行投资，-0.11%。</blockquote></p><p> He likes consumer discretionary tradable through the iShares US Consumer ServicesIYC,-0.30%,and airlines via US Global JetsJETS,-1.17%.He also likes tech exposure via the Invesco QQQ TrustQQQ,+0.31%,iShares US TechnologyIYW,+0.50%and&nbsp;iShares SemiconductorSOXX,+0.75%.</p><p><blockquote>他喜欢通过iShares US Consumer ServicesIYC(-0.30%)进行交易的非必需消费品，以及通过US Global JetsJETS(-1.17%)进行交易的航空公司。他还喜欢通过Invesco QQQ TrustQQQ(+0.31%)、iShares US TechnologyIYW(+0.50%)进行科技投资和iShares半导体SOXX，+0.75%。</blockquote></p><p> He likes small-caps via the Vanguard Small-Cap Growth Index FundVBK,+0.07%.And convertible bonds via SPDR Bloomberg Barclays Convertible SecuritiesCWB,+0.64%and iShares Convertible BondICVT,+0.37%.</p><p><blockquote>他喜欢Vanguard Small-Cap Growth Index FundVBK，+0.07%的小盘股。以及SPDR Bloomberg Barclays可转换证券CWB，+0.64%和iShares可转换债券ICVT，+0.37%的可转换债券。</blockquote></p><p> As for individual names, he singles out MicrosoftMSFT,-0.00%and AppleAAPL,+0.42%in tech, as well as Amazon.comAMZN,+0.43%and TeslaTSLA,+0.16%.</p><p><blockquote>至于个人名称，他特别提到了科技股中的微软MSFT(-0.00%)和苹果AAPL(+0.42%)，以及亚马逊MAMZN(+0.43%)和特斯拉TSLA(+0.16%)。</blockquote></p><p> Also consider Howard’s two ETFs: The HCM Defender 100 IndexQQH,+0.62%and HCM Defender 500 IndexLGH,+1.32%.</p><p><blockquote>另请考虑Howard的两只ETF：HCM Defender 100 IndexQQH，+0.62%和HCM Defender 500 IndexLGH，+1.32%。</blockquote></p><p> He prefers to add to holdings on 1%-3% dips.</p><p><blockquote>他更喜欢在下跌1%-3%时增持。</blockquote></p><p> <b>A few drawbacks</b></p><p><blockquote><b>一些缺点</b></blockquote></p><p> His HCM Tactical Growth fund has a history of posting two-year stretches of underperformance of 1.5% to 8.8%, since it was launched in 2015. The fund then came roaring back to net the very positive five-year outperformance cited above. Investing in his system can require patience.</p><p><blockquote>他的HCM战术增长基金自2015年推出以来，曾连续两年表现不佳，涨幅为1.5%至8.8%。随后，该基金卷土重来，实现了上述非常积极的五年优异表现。投资他的系统需要耐心。</blockquote></p><p> Every manager, including Warren Buffett, can have a stretch of underperformance, says Howard.</p><p><blockquote>霍华德说，每个经理人，包括沃伦·巴菲特，都可能有一段时间表现不佳。</blockquote></p><p> “We are in the odds game,” he says. “Even in the odds game, you can have a bad hand or two thrown at you.”</p><p><blockquote>“我们正处于赔率游戏中，”他说。“即使在赔率游戏中，你也可能会遇到一两手糟糕的牌。”</blockquote></p><p> Another challenge is the high turnover, which is 140% a year for Tactical Growth. This means Uncle Sam takes a big cut in the good years. So if you buy Howard’s funds, you may want to do so in a tax-protected account.</p><p><blockquote>另一个挑战是高流动率，战术增长每年140%。这意味着山姆大叔在好年景中会得到很大的提成。因此，如果您购买霍华德的基金，您可能希望在避税账户中购买。</blockquote></p><p></p>","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>Beat the market with this quant system that’s very bullish on stocks at record highs<blockquote>利用这个非常看好历史新高股票的量化系统击败市场</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\">\nBeat the market with this quant system that’s very bullish on stocks at record highs<blockquote>利用这个非常看好历史新高股票的量化系统击败市场</blockquote>\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">MarketWatch</strong><span class=\"h-time small\">2021-09-05 10:56</span>\n</p>\n</h4>\n</header>\n<article>\n<p>  <b>Vance Howard’s HCM Tactical Growth Fund moves you in and out of the stock market when prudent to do so. So far his team of computer scientists’ strategy has paid off.</b>  Imagine you had a money-making machine to harvest gains in the stock market while you sat back to enjoy life.</p><p><blockquote><b>万斯·霍华德(Vance Howard)的HCM战术增长基金在谨慎的情况下让您进出股市。到目前为止，他的计算机科学家团队的策略已经得到了回报。</b>想象一下，当你坐下来享受生活时，你有一台赚钱机器在股市中收获收益。</blockquote></p><p> That’s everyone’s dream, right? Investor Vance Howard thinks he’s found it.</p><p><blockquote>那是每个人的梦想，对吧？投资者万斯·霍华德认为他已经找到了。</blockquote></p><p> Howard and his small army of computer programmers atHoward Capital Managementin Roswell, Ga., have a quantitative system that posts great returns.</p><p><blockquote>霍华德和他的一小队计算机程序员在佐治亚州罗斯威尔的资本管理公司工作。，有一个量化系统，张贴巨大的回报。</blockquote></p><p> His HCM Tactical Growth Fund&nbsp;HCMGX,+0.35%beats its Russell 1000&nbsp;benchmark index and large-blend fund category by 8.5-10.4 percentage points annualized over the past five years, according to Morningstar. That is no small feat, and not only because it has to overcome a 2.22% fee. Beating the market is simply not easy. His HCM Dividend Sector PlusHCMQX,-0.05%) and HCM Income PlusHCMLX,+0.30%funds post similar outperformance.</p><p><blockquote>根据晨星公司的数据，他的HCM战术增长基金HCMGX,+0.35%在过去五年中的年化增长率比罗素1000基准指数和大型混合基金类别高出8.5-10.4个百分点。这不是一个小壮举，不仅因为它必须克服2.22%的费用。战胜市场并不容易。他的HCM Dividend Sector PlusHCMQX,-0.05%)和HCM Income PlusHCMLX,+0.30%基金也表现类似。</blockquote></p><p> There are drawbacks, which I detail below. (Among them: Potentially long stretches of underperformance and regular tax bills.) But first, what can we learn from this winner?</p><p><blockquote>有缺点，我在下面详述。（其中包括：潜在的长期表现不佳和定期的税单。）但首先，我们能从这位赢家身上学到什么？</blockquote></p><p> So-called quants never share all the details of their proprietary systems, but Howard shares a lot, as you’ll see. And this Texas rancher has a lot of good advice based on “horse sense” — not surprising, given his infectious passion for the markets, and his three decades of experience as a pro.</p><p><blockquote>所谓的量化分析师从不分享他们专有系统的所有细节，但正如你将看到的，霍华德分享了很多。这位德克萨斯州牧场主有很多基于“马的感觉”的好建议——考虑到他对市场富有感染力的热情，以及他三十年的职业经验，这并不奇怪。</blockquote></p><p> Here are five lessons, 12 exchange traded funds (ETFs) and four stocks to consider, from a recent interview with him.</p><p><blockquote>以下是最近对他的采访中的五个教训、12只交易所交易基金(ETF)和四只值得考虑的股票。</blockquote></p><p> <b>Lesson #1: Don’t be emotional</b></p><p><blockquote><b>第一课：不要情绪化</b></blockquote></p><p> It’s no surprise so many people do poorly in the market. Evolution has programmed us to fail. For survival, we’ve learned to run from things that frightens us. And crave more of things that are pleasurable — like sweets or fats to store calories ahead of what might be a long stretch without food. But in the market, acting on the emotions of fear and greed invariably make us do the wrong thing at the wrong time. Sell at the bottom, buy at the top.</p><p><blockquote>难怪这么多人在市场上表现不佳。进化让我们注定要失败。为了生存，我们学会了逃避让我们害怕的事情。渴望更多令人愉快的东西——比如甜食或脂肪，以便在长时间没有食物之前储存卡路里。但在市场中，对恐惧和贪婪的情绪采取行动总是会让我们在错误的时间做错误的事情。底部卖出，顶部买入。</blockquote></p><p> Likewise, we’re programmed to believe being with the crowd brings safety. If you’re a zebra on the Savanna, you are more likely to get picked off by a predator if you go it alone. The problem here is being part of a crowd — and crowd psychology — dumb us down to a purely emotional level. This is why people in crowds do terrible things they would never do on their own. It doesn’t matter how smart you are. When you join a crowd, you lose a lot of IQ points. Base emotions take over.</p><p><blockquote>同样，我们被设定为相信和人群在一起会带来安全。如果你是稀树草原上的斑马，如果你单干，你更有可能被捕食者吃掉。这里的问题是，成为人群的一部分——以及人群心理——让我们变得愚蠢到纯粹的情感层面。这就是为什么人群中的人会做他们自己永远不会做的可怕的事情。你有多聪明并不重要。当你加入一个人群时，你会失去很多智商点。基本情绪占了上风。</blockquote></p><p> To do well in the market, you have to counteract these tendencies. “One of the biggest mistakes individual investors and money managers make is getting emotional,” says Howard. “Let your emotions go.”</p><p><blockquote>要想在市场上做得好，你必须抵制这些倾向。“个人投资者和基金经理犯的最大错误之一就是变得情绪化，”霍华德说。“放下你的情绪。”</blockquote></p><p> <b>Lesson #2: Have a system and stick to it</b></p><p><blockquote><b>第二课：有一个系统并坚持下去</b></blockquote></p><p> To exorcise emotion, have a system. “And don’t second guess it,” says Howard. “This keeps you from letting the pandemic or Afghanistan scare you out of the market.” He calls his system the HCM-BuyLine. It is basically a momentum and trend-following system — which often works well in the markets.</p><p><blockquote>驱除情绪，要有一个系统。“不要怀疑它，”霍华德说。“这可以防止你被大流行或阿富汗吓出市场。”他评级了他的系统HCM-购买线。它基本上是一个动量和趋势跟踪系统——通常在市场上运行良好。</blockquote></p><p> The HCM-BuyLine basically works like this. First, rather than use the S&amp;P 500SPX,-0.03%or the Dow Jones Industrial AverageDJIA,-0.21%,Howard blends several stock indices to create his own index. Then he uses a moving average that tells him whether the market is in an uptrend or downtrend.</p><p><blockquote>HCM-BuyLine基本上是这样工作的。首先，霍华德没有使用标准普尔500SPX（-0.03%）或道琼斯工业平均指数DJIA（-0.21%），而是混合了几个股票指数来创建自己的指数。然后他使用移动平均线来告诉他市场是处于上升趋势还是下降趋势。</blockquote></p><p> When the moving average drops 3.5%, he sells 35%. If it drops 6.5%, he sells another 35%. He rarely goes to 100% cash.</p><p><blockquote>当移动平均线下跌3.5%时，他卖出35%。如果下跌6.5%，他就再卖出35%。他很少100%现金。</blockquote></p><p> “If the BuyLine is positive, we will stay long no matter what,” he says. “We take all the emotion out of the equation by letting the math decide.”</p><p><blockquote>“如果买入线为正，无论如何我们都会长期持有，”他说。“我们通过让数学来决定，将所有情感从等式中剔除。”</blockquote></p><p> Right now, it’s bullish. (More on this below.)</p><p><blockquote>目前，情况看涨。（更多信息见下文。）</blockquote></p><p> Your system also has to tell you when to get back in.</p><p><blockquote>你的系统还必须告诉你什么时候回去。</blockquote></p><p> “That’s where most people screw up,” he says. “They get out of the market, and they don’t know when to get back in.” The HCM-BuyLine gives a buy signal when his custom index trades above its moving average for six consecutive sessions, and then goes on to trade above the high hit during those six days.</p><p><blockquote>“这就是大多数人搞砸的地方，”他说。“他们退出市场，不知道什么时候才能重新进入。”当他的定制指数连续六个交易日高于其移动平均线时，HCM-买入线会发出买入信号，然后继续高于这六天触及的高点。</blockquote></p><p> You don’t need a system that calls exact market tops or bottoms. Instead, the BuyLine keeps Howard out of down markets 85% of the time, and in for 85% of the good times.</p><p><blockquote>你不需要一个评级精确市场顶部或底部的系统。相反，买入线让霍华德在85%的时间里远离低迷的市场，在85%的好时光里远离。</blockquote></p><p> “If we can do that consistently, we have superior returns and a less stressful life,” he says. “Being all in during a bad tape is no fun.”</p><p><blockquote>“如果我们能够始终如一地做到这一点，我们就会获得更高的回报和更少的生活压力，”他说。“在一盘糟糕的磁带中全力以赴一点也不好玩。”</blockquote></p><p> His system is slow to get him out of the market, but quick to get him back in. Not even a 10% correction will necessarily move him out. He’s often buying those pullbacks. Getting back in fast makes sense, because recoveries off bottoms tend to happen fast.</p><p><blockquote>他的系统让他退出市场很慢，但让他回来很快。即使是10%的修正也不一定能让他出局。他经常买入那些回调。快速反弹是有意义的，因为从底部恢复往往会很快。</blockquote></p><p> “The HCM-BuyLine takes all the emotion out of the process,” says Howard.</p><p><blockquote>“HCM-BuyLine消除了整个过程中的所有情绪，”霍华德说。</blockquote></p><p> <b>Lesson #3: Don’t fight the tape</b></p><p><blockquote><b>第三课：不要和磁带作对</b></blockquote></p><p> This concept is one of the core pieces of wisdom from Marty Zweig’s classic book, “Winning on Wall Street.”</p><p><blockquote>这一概念是马蒂·茨威格经典著作《在华尔街获胜》中的核心智慧之一。</blockquote></p><p></p><p> “You have to stay on the right side of market,” agrees Howard. “If you try to trade long in a bad market, it is painful.”</p><p><blockquote>“你必须站在市场的正确一边，”霍华德表示同意。“如果你试图在糟糕的市场中做多，那是很痛苦的。”</blockquote></p><p> In other words, don’t try to be a hero.</p><p><blockquote>换句话说，不要试图成为英雄。</blockquote></p><p> “Sometimes, not losing money is where you want to be,” he says.</p><p><blockquote>“有时候，不赔钱才是你想要的，”他说。</blockquote></p><p> Likewise, don’t turn cautious just because the market hits new highs — like now. You should love new highs, because it is a sign of market strength that may likely endure.</p><p><blockquote>同样，不要仅仅因为市场创下新高就变得谨慎——就像现在这样。你应该喜欢新高，因为这是市场力量的标志，可能会持续下去。</blockquote></p><p> <b>Lesson #4: Keep it simple</b></p><p><blockquote><b>第四课：保持简单</b></blockquote></p><p> As you’ll see below, Howard doesn’t use esoteric instruments such as derivatives, swaps or index options. He doesn’t even trade foreign stocks or currencies. This is refreshing for individual investors, because we have a harder time accessing those tools.</p><p><blockquote>正如您将在下面看到的，霍华德不使用衍生品、掉期或指数期权等深奥工具。他甚至不交易外国股票或货币。这对个人投资者来说令人耳目一新，因为我们更难获得这些工具。</blockquote></p><p> “You don’t have to trade crazy stuff,” he says. “You can trade plain-vanilla ETFs and beat everybody out there.”</p><p><blockquote>“你不必交易疯狂的东西，”他说。“你可以交易普通的ETF并击败所有人。”</blockquote></p><p> <b>Lesson #5: How to trade the current market</b></p><p><blockquote><b>第5课：如何交易当前市场</b></blockquote></p><p> First, be long.</p><p><blockquote>首先，做长。</blockquote></p><p> “The HCM-BuyLine is very positive. We are 100% in,” says Howard. “The market is broadening out. It is getting pretty exciting. We do not see it turn around any time soon. We are buying pullbacks.”</p><p><blockquote>“HCM-购买线非常积极。我们100%参与，”霍华德说。“市场正在扩大。它变得相当令人兴奋。我们认为它不会很快好转。我们正在买入回调。”</blockquote></p><p> One bullish signal is all the cash on the sidelines. “If there is any relief in Covid, we may see a big rally. We may end up with a great fall [season].”</p><p><blockquote>一个看涨信号是所有现金都在观望。“如果新冠疫情有所缓解，我们可能会看到大幅反弹。我们可能会以一个伟大的秋季[季节]结束。”</blockquote></p><p> Howard uses momentum indicators to select stocks and ETFs, too. For sectors he favors the following.</p><p><blockquote>霍华德也使用动量指标来选择股票和ETF。对于行业，他倾向于以下几点。</blockquote></p><p> He likes health care, tradable through the iShares US HealthcareIYH,-0.04%and ProShares Ultra Health CareRXL,+0.12%ETFs. He’s turning more bullish on biotech, which he plays via the iShares Biotechnology ETFIBB,-0.11%.</p><p><blockquote>他喜欢医疗保健，可通过iShares US HealthcareIYH(-0.04%)和ProShares Ultra Health CareRXL(+0.12%)ETF进行交易。他变得更加看好生物技术，他通过iShares Biotechnology ETFIBB进行投资，-0.11%。</blockquote></p><p> He likes consumer discretionary tradable through the iShares US Consumer ServicesIYC,-0.30%,and airlines via US Global JetsJETS,-1.17%.He also likes tech exposure via the Invesco QQQ TrustQQQ,+0.31%,iShares US TechnologyIYW,+0.50%and&nbsp;iShares SemiconductorSOXX,+0.75%.</p><p><blockquote>他喜欢通过iShares US Consumer ServicesIYC(-0.30%)进行交易的非必需消费品，以及通过US Global JetsJETS(-1.17%)进行交易的航空公司。他还喜欢通过Invesco QQQ TrustQQQ(+0.31%)、iShares US TechnologyIYW(+0.50%)进行科技投资和iShares半导体SOXX，+0.75%。</blockquote></p><p> He likes small-caps via the Vanguard Small-Cap Growth Index FundVBK,+0.07%.And convertible bonds via SPDR Bloomberg Barclays Convertible SecuritiesCWB,+0.64%and iShares Convertible BondICVT,+0.37%.</p><p><blockquote>他喜欢Vanguard Small-Cap Growth Index FundVBK，+0.07%的小盘股。以及SPDR Bloomberg Barclays可转换证券CWB，+0.64%和iShares可转换债券ICVT，+0.37%的可转换债券。</blockquote></p><p> As for individual names, he singles out MicrosoftMSFT,-0.00%and AppleAAPL,+0.42%in tech, as well as Amazon.comAMZN,+0.43%and TeslaTSLA,+0.16%.</p><p><blockquote>至于个人名称，他特别提到了科技股中的微软MSFT(-0.00%)和苹果AAPL(+0.42%)，以及亚马逊MAMZN(+0.43%)和特斯拉TSLA(+0.16%)。</blockquote></p><p> Also consider Howard’s two ETFs: The HCM Defender 100 IndexQQH,+0.62%and HCM Defender 500 IndexLGH,+1.32%.</p><p><blockquote>另请考虑Howard的两只ETF：HCM Defender 100 IndexQQH，+0.62%和HCM Defender 500 IndexLGH，+1.32%。</blockquote></p><p> He prefers to add to holdings on 1%-3% dips.</p><p><blockquote>他更喜欢在下跌1%-3%时增持。</blockquote></p><p> <b>A few drawbacks</b></p><p><blockquote><b>一些缺点</b></blockquote></p><p> His HCM Tactical Growth fund has a history of posting two-year stretches of underperformance of 1.5% to 8.8%, since it was launched in 2015. The fund then came roaring back to net the very positive five-year outperformance cited above. Investing in his system can require patience.</p><p><blockquote>他的HCM战术增长基金自2015年推出以来，曾连续两年表现不佳，涨幅为1.5%至8.8%。随后，该基金卷土重来，实现了上述非常积极的五年优异表现。投资他的系统需要耐心。</blockquote></p><p> Every manager, including Warren Buffett, can have a stretch of underperformance, says Howard.</p><p><blockquote>霍华德说，每个经理人，包括沃伦·巴菲特，都可能有一段时间表现不佳。</blockquote></p><p> “We are in the odds game,” he says. “Even in the odds game, you can have a bad hand or two thrown at you.”</p><p><blockquote>“我们正处于赔率游戏中，”他说。“即使在赔率游戏中，你也可能会遇到一两手糟糕的牌。”</blockquote></p><p> Another challenge is the high turnover, which is 140% a year for Tactical Growth. This means Uncle Sam takes a big cut in the good years. So if you buy Howard’s funds, you may want to do so in a tax-protected account.</p><p><blockquote>另一个挑战是高流动率，战术增长每年140%。这意味着山姆大叔在好年景中会得到很大的提成。因此，如果您购买霍华德的基金，您可能希望在避税账户中购买。</blockquote></p><p></p>\n<div class=\"bt-text\">\n\n\n<p> 来源：<a href=\"https://www.marketwatch.com/story/beat-the-market-with-this-quant-system-thats-very-bullish-on-stocks-at-record-highs-11630761531?mod=home-page\">MarketWatch</a></p>\n<p>为提升您的阅读体验，我们对本页面进行了排版优化</p>\n\n\n</div>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".DJI":"道琼斯",".SPX":"S&P 500 Index",".IXIC":"NASDAQ Composite","SPY":"标普500ETF"},"source_url":"https://www.marketwatch.com/story/beat-the-market-with-this-quant-system-thats-very-bullish-on-stocks-at-record-highs-11630761531?mod=home-page","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1157895022","content_text":"Vance Howard’s HCM Tactical Growth Fund moves you in and out of the stock market when prudent to do so. So far his team of computer scientists’ strategy has paid off.\n\nImagine you had a money-making machine to harvest gains in the stock market while you sat back to enjoy life.\nThat’s everyone’s dream, right? Investor Vance Howard thinks he’s found it.\nHoward and his small army of computer programmers atHoward Capital Managementin Roswell, Ga., have a quantitative system that posts great returns.\nHis HCM Tactical Growth Fund HCMGX,+0.35%beats its Russell 1000 benchmark index and large-blend fund category by 8.5-10.4 percentage points annualized over the past five years, according to Morningstar. That is no small feat, and not only because it has to overcome a 2.22% fee. Beating the market is simply not easy. His HCM Dividend Sector PlusHCMQX,-0.05%) and HCM Income PlusHCMLX,+0.30%funds post similar outperformance.\nThere are drawbacks, which I detail below. (Among them: Potentially long stretches of underperformance and regular tax bills.) But first, what can we learn from this winner?\nSo-called quants never share all the details of their proprietary systems, but Howard shares a lot, as you’ll see. And this Texas rancher has a lot of good advice based on “horse sense” — not surprising, given his infectious passion for the markets, and his three decades of experience as a pro.\nHere are five lessons, 12 exchange traded funds (ETFs) and four stocks to consider, from a recent interview with him.\nLesson #1: Don’t be emotional\nIt’s no surprise so many people do poorly in the market. Evolution has programmed us to fail. For survival, we’ve learned to run from things that frightens us. And crave more of things that are pleasurable — like sweets or fats to store calories ahead of what might be a long stretch without food. But in the market, acting on the emotions of fear and greed invariably make us do the wrong thing at the wrong time. Sell at the bottom, buy at the top.\nLikewise, we’re programmed to believe being with the crowd brings safety. If you’re a zebra on the Savanna, you are more likely to get picked off by a predator if you go it alone. The problem here is being part of a crowd — and crowd psychology — dumb us down to a purely emotional level. This is why people in crowds do terrible things they would never do on their own. It doesn’t matter how smart you are. When you join a crowd, you lose a lot of IQ points. Base emotions take over.\nTo do well in the market, you have to counteract these tendencies. “One of the biggest mistakes individual investors and money managers make is getting emotional,” says Howard. “Let your emotions go.”\nLesson #2: Have a system and stick to it\nTo exorcise emotion, have a system. “And don’t second guess it,” says Howard. “This keeps you from letting the pandemic or Afghanistan scare you out of the market.” He calls his system the HCM-BuyLine. It is basically a momentum and trend-following system — which often works well in the markets.\nThe HCM-BuyLine basically works like this. First, rather than use the S&P 500SPX,-0.03%or the Dow Jones Industrial AverageDJIA,-0.21%,Howard blends several stock indices to create his own index. Then he uses a moving average that tells him whether the market is in an uptrend or downtrend.\nWhen the moving average drops 3.5%, he sells 35%. If it drops 6.5%, he sells another 35%. He rarely goes to 100% cash.\n“If the BuyLine is positive, we will stay long no matter what,” he says. “We take all the emotion out of the equation by letting the math decide.”\nRight now, it’s bullish. (More on this below.)\nYour system also has to tell you when to get back in.\n“That’s where most people screw up,” he says. “They get out of the market, and they don’t know when to get back in.” The HCM-BuyLine gives a buy signal when his custom index trades above its moving average for six consecutive sessions, and then goes on to trade above the high hit during those six days.\nYou don’t need a system that calls exact market tops or bottoms. Instead, the BuyLine keeps Howard out of down markets 85% of the time, and in for 85% of the good times.\n“If we can do that consistently, we have superior returns and a less stressful life,” he says. “Being all in during a bad tape is no fun.”\nHis system is slow to get him out of the market, but quick to get him back in. Not even a 10% correction will necessarily move him out. He’s often buying those pullbacks. Getting back in fast makes sense, because recoveries off bottoms tend to happen fast.\n“The HCM-BuyLine takes all the emotion out of the process,” says Howard.\nLesson #3: Don’t fight the tape\nThis concept is one of the core pieces of wisdom from Marty Zweig’s classic book, “Winning on Wall Street.”\n“You have to stay on the right side of market,” agrees Howard. “If you try to trade long in a bad market, it is painful.”\nIn other words, don’t try to be a hero.\n“Sometimes, not losing money is where you want to be,” he says.\nLikewise, don’t turn cautious just because the market hits new highs — like now. You should love new highs, because it is a sign of market strength that may likely endure.\nLesson #4: Keep it simple\nAs you’ll see below, Howard doesn’t use esoteric instruments such as derivatives, swaps or index options. He doesn’t even trade foreign stocks or currencies. This is refreshing for individual investors, because we have a harder time accessing those tools.\n“You don’t have to trade crazy stuff,” he says. “You can trade plain-vanilla ETFs and beat everybody out there.”\nLesson #5: How to trade the current market\nFirst, be long.\n“The HCM-BuyLine is very positive. We are 100% in,” says Howard. “The market is broadening out. It is getting pretty exciting. We do not see it turn around any time soon. We are buying pullbacks.”\nOne bullish signal is all the cash on the sidelines. “If there is any relief in Covid, we may see a big rally. We may end up with a great fall [season].”\nHoward uses momentum indicators to select stocks and ETFs, too. For sectors he favors the following.\nHe likes health care, tradable through the iShares US HealthcareIYH,-0.04%and ProShares Ultra Health CareRXL,+0.12%ETFs. He’s turning more bullish on biotech, which he plays via the iShares Biotechnology ETFIBB,-0.11%.\nHe likes consumer discretionary tradable through the iShares US Consumer ServicesIYC,-0.30%,and airlines via US Global JetsJETS,-1.17%.He also likes tech exposure via the Invesco QQQ TrustQQQ,+0.31%,iShares US TechnologyIYW,+0.50%and iShares SemiconductorSOXX,+0.75%.\nHe likes small-caps via the Vanguard Small-Cap Growth Index FundVBK,+0.07%.And convertible bonds via SPDR Bloomberg Barclays Convertible SecuritiesCWB,+0.64%and iShares Convertible BondICVT,+0.37%.\nAs for individual names, he singles out MicrosoftMSFT,-0.00%and AppleAAPL,+0.42%in tech, as well as Amazon.comAMZN,+0.43%and TeslaTSLA,+0.16%.\nAlso consider Howard’s two ETFs: The HCM Defender 100 IndexQQH,+0.62%and HCM Defender 500 IndexLGH,+1.32%.\nHe prefers to add to holdings on 1%-3% dips.\nA few drawbacks\nHis HCM Tactical Growth fund has a history of posting two-year stretches of underperformance of 1.5% to 8.8%, since it was launched in 2015. The fund then came roaring back to net the very positive five-year outperformance cited above. Investing in his system can require patience.\nEvery manager, including Warren Buffett, can have a stretch of underperformance, says Howard.\n“We are in the odds game,” he says. “Even in the odds game, you can have a bad hand or two thrown at you.”\nAnother challenge is the high turnover, which is 140% a year for Tactical Growth. This means Uncle Sam takes a big cut in the good years. So if you buy Howard’s funds, you may want to do so in a tax-protected account.","news_type":1,"symbols_score_info":{".DJI":0.9,".SPX":0.9,"SPY":0.9,".IXIC":0.9}},"isVote":1,"tweetType":1,"viewCount":485,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":819167471,"gmtCreate":1630046524293,"gmtModify":1704955118919,"author":{"id":"4087691982117120","authorId":"4087691982117120","name":"triu","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"4087691982117120","idStr":"4087691982117120"},"themes":[],"htmlText":"Like","listText":"Like","text":"Like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":4,"repostSize":0,"link":"https://laohu8.com/post/819167471","repostId":"2162847016","repostType":4,"isVote":1,"tweetType":1,"viewCount":638,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":892180856,"gmtCreate":1628643638175,"gmtModify":1633745478699,"author":{"id":"4087691982117120","authorId":"4087691982117120","name":"triu","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"4087691982117120","idStr":"4087691982117120"},"themes":[],"htmlText":"Like","listText":"Like","text":"Like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":4,"repostSize":0,"link":"https://laohu8.com/post/892180856","repostId":"1173905680","repostType":4,"repost":{"id":"1173905680","kind":"news","pubTimestamp":1628640116,"share":"https://www.laohu8.com/m/news/1173905680?lang=zh_CN&edition=full","pubTime":"2021-08-11 08:01","market":"us","language":"en","title":"FuboTV stock jumps more than 10% after sports-focused streamer predicts sales will double in 2021<blockquote>专注于体育的流媒体预测2021年销售额将翻一番后，FuboTV股价上涨超过10%</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1173905680","media":"Market Wacth","summary":"FuboTV Inc. easily surpassed expectations for sales growth in the second quarter and executives incr","content":"<p>FuboTV Inc. easily surpassed expectations for sales growth in the second quarter and executives increased their forecast, calling for full-year revenue to more than double, sending shares more than 10% higher in after-hours trading Tuesday.</p><p><blockquote>FuboTV Inc.第二季度销售增长轻松超出预期，高管们上调了预期，预计全年收入将增长一倍以上，周二盘后交易中股价上涨超过10%。</blockquote></p><p> FuboFUBO,reported a second-quarter loss of $94.9 million, or 68 cents a share, on sales of $130.9 million, up from $44.2 million a year ago. After adjusting for stock-based compensation and other costs, the company reported losses of 38 cents a share, an improvement from $2.46 a share in the year-ago quarter.<img src=\"https://static.tigerbbs.com/148e24541cd0643b7ace0b90ef43196a\" tg-width=\"935\" tg-height=\"730\" referrerpolicy=\"no-referrer\">Analysts on average expected adjusted losses of 49 cents a share on revenue of $121.4 million, according to FactSet, after the company forecast sales of $120 million to $122 million. Shares soared more than 10% higher in the extended session, after closing with a 2.5% gain at $28.64.</p><p><blockquote>FuboFUBO报告第二季度亏损9490万美元，即每股亏损68美分，销售额为1.309亿美元，高于去年同期的4420万美元。在调整股票薪酬和其他成本后，该公司报告每股亏损38美分，较去年同期的每股2.46美元有所改善。FactSet的数据显示，在该公司预测销售额为1.2亿至1.22亿美元后，分析师平均预计调整后每股亏损49美分，营收为1.214亿美元。该股在延长交易时段飙升超过10%，收盘上涨2.5%，至28.64美元。</blockquote></p><p> In response, Fubo executives increased their full-year guidance for revenue to $560 million to $570 million, after previously stating $520 million to $530 million; FuboTV reported 2020 sales of $268.8 million. After ending the quarter with 681,721 subscribers, Fubo executives predicted that total would top 900,000 at the end of the year, increasing the forecast to 910,000 to 920,000 from 830,000 to 850,000 previously.</p><p><blockquote>作为回应，阜博高管将全年营收指引上调至5.6亿至5.7亿美元，此前为5.2亿至5.3亿美元；FuboTV报告2020年销售额为2.688亿美元。在以681,721名订阅者结束本季度后，富博高管预测道达尔将在年底突破90万，并将预测从之前的83万至85万提高到91万至92万。</blockquote></p><p> For the third quarter, executives expect subscribers to top 800,000, guiding for 810,000 to 820,000 at the end of the period, leading to quarterly revenue of $140 million to $144 million. Analysts on average were expecting third-quarter revenue of $128.5 million, according to FactSet.</p><p><blockquote>高管们预计第三季度订阅用户将超过80万，期末指导用户数量为81万至82万，季度收入为1.4亿至1.44亿美元。FactSet的数据显示，分析师平均预期第三季度营收为1.285亿美元。</blockquote></p><p> Fubo offers a sports-focused streaming service, and hopes to launch a sportsbook offering that will combine gambling options with the live events it airs. Executives said Tuesday that the company is on track to launch that offering before the end of the year, and offered a preview.</p><p><blockquote>富博提供以体育为重点的流媒体服务，并希望推出一款体育博彩产品，将赌博选项与其直播的赛事相结合。高管们周二表示，该公司有望在今年年底前推出该产品，并提供了预览。</blockquote></p><p> “We’re excited to preview for the first time today how the Fubo Sportsbook app will immediately and in real-time update with relevant bets based on what the user is watching — even as they change the channel to a new game,” executives wrote ina letter to investorsTuesday. “This invisible connection between streaming video and our mobile betting app is a feature we believe only FuboTV can bring to market.”</p><p><blockquote>高管们写道：“我们很高兴今天首次预览Fubo Sportsbook应用程序将如何根据用户正在观看的内容立即实时更新相关投注，即使他们将频道更改为新游戏。”周二致投资者的一封信。“流媒体视频和我们的移动博彩应用程序之间的这种无形联系是我们相信只有FuboTV才能推向市场的功能。”</blockquote></p><p> After going public late last year, Fubo stock shot higher toward the end of last year, but has calmed down of late while still valuing the company at roughly $4 billion. Shares are up 186.4% in the past year, but down 37.5% in the past six months, as the S&amp;P 500 indexSPX,+0.10%has gained 31.9% and 13.4% in those periods.<img src=\"https://static.tigerbbs.com/bbdcbd4d029585377cb50eb4b75d7998\" tg-width=\"710\" tg-height=\"522\" width=\"100%\" height=\"auto\"></p><p><blockquote>去年底上市后，富博股价在去年底飙升，但最近有所平静，但该公司估值仍约为40亿美元。股价在过去一年上涨了186.4%，但在过去六个月下跌了37.5%，标普500指数SPX,+0.10%在此期间分别上涨了31.9%和13.4%。</blockquote></p><p></p>","source":"lsy1604288433698","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>FuboTV stock jumps more than 10% after sports-focused streamer predicts sales will double in 2021<blockquote>专注于体育的流媒体预测2021年销售额将翻一番后，FuboTV股价上涨超过10%</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\">\nFuboTV stock jumps more than 10% after sports-focused streamer predicts sales will double in 2021<blockquote>专注于体育的流媒体预测2021年销售额将翻一番后，FuboTV股价上涨超过10%</blockquote>\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">Market Wacth</strong><span class=\"h-time small\">2021-08-11 08:01</span>\n</p>\n</h4>\n</header>\n<article>\n<p>FuboTV Inc. easily surpassed expectations for sales growth in the second quarter and executives increased their forecast, calling for full-year revenue to more than double, sending shares more than 10% higher in after-hours trading Tuesday.</p><p><blockquote>FuboTV Inc.第二季度销售增长轻松超出预期，高管们上调了预期，预计全年收入将增长一倍以上，周二盘后交易中股价上涨超过10%。</blockquote></p><p> FuboFUBO,reported a second-quarter loss of $94.9 million, or 68 cents a share, on sales of $130.9 million, up from $44.2 million a year ago. After adjusting for stock-based compensation and other costs, the company reported losses of 38 cents a share, an improvement from $2.46 a share in the year-ago quarter.<img src=\"https://static.tigerbbs.com/148e24541cd0643b7ace0b90ef43196a\" tg-width=\"935\" tg-height=\"730\" referrerpolicy=\"no-referrer\">Analysts on average expected adjusted losses of 49 cents a share on revenue of $121.4 million, according to FactSet, after the company forecast sales of $120 million to $122 million. Shares soared more than 10% higher in the extended session, after closing with a 2.5% gain at $28.64.</p><p><blockquote>FuboFUBO报告第二季度亏损9490万美元，即每股亏损68美分，销售额为1.309亿美元，高于去年同期的4420万美元。在调整股票薪酬和其他成本后，该公司报告每股亏损38美分，较去年同期的每股2.46美元有所改善。FactSet的数据显示，在该公司预测销售额为1.2亿至1.22亿美元后，分析师平均预计调整后每股亏损49美分，营收为1.214亿美元。该股在延长交易时段飙升超过10%，收盘上涨2.5%，至28.64美元。</blockquote></p><p> In response, Fubo executives increased their full-year guidance for revenue to $560 million to $570 million, after previously stating $520 million to $530 million; FuboTV reported 2020 sales of $268.8 million. After ending the quarter with 681,721 subscribers, Fubo executives predicted that total would top 900,000 at the end of the year, increasing the forecast to 910,000 to 920,000 from 830,000 to 850,000 previously.</p><p><blockquote>作为回应，阜博高管将全年营收指引上调至5.6亿至5.7亿美元，此前为5.2亿至5.3亿美元；FuboTV报告2020年销售额为2.688亿美元。在以681,721名订阅者结束本季度后，富博高管预测道达尔将在年底突破90万，并将预测从之前的83万至85万提高到91万至92万。</blockquote></p><p> For the third quarter, executives expect subscribers to top 800,000, guiding for 810,000 to 820,000 at the end of the period, leading to quarterly revenue of $140 million to $144 million. Analysts on average were expecting third-quarter revenue of $128.5 million, according to FactSet.</p><p><blockquote>高管们预计第三季度订阅用户将超过80万，期末指导用户数量为81万至82万，季度收入为1.4亿至1.44亿美元。FactSet的数据显示，分析师平均预期第三季度营收为1.285亿美元。</blockquote></p><p> Fubo offers a sports-focused streaming service, and hopes to launch a sportsbook offering that will combine gambling options with the live events it airs. Executives said Tuesday that the company is on track to launch that offering before the end of the year, and offered a preview.</p><p><blockquote>富博提供以体育为重点的流媒体服务，并希望推出一款体育博彩产品，将赌博选项与其直播的赛事相结合。高管们周二表示，该公司有望在今年年底前推出该产品，并提供了预览。</blockquote></p><p> “We’re excited to preview for the first time today how the Fubo Sportsbook app will immediately and in real-time update with relevant bets based on what the user is watching — even as they change the channel to a new game,” executives wrote ina letter to investorsTuesday. “This invisible connection between streaming video and our mobile betting app is a feature we believe only FuboTV can bring to market.”</p><p><blockquote>高管们写道：“我们很高兴今天首次预览Fubo Sportsbook应用程序将如何根据用户正在观看的内容立即实时更新相关投注，即使他们将频道更改为新游戏。”周二致投资者的一封信。“流媒体视频和我们的移动博彩应用程序之间的这种无形联系是我们相信只有FuboTV才能推向市场的功能。”</blockquote></p><p> After going public late last year, Fubo stock shot higher toward the end of last year, but has calmed down of late while still valuing the company at roughly $4 billion. Shares are up 186.4% in the past year, but down 37.5% in the past six months, as the S&amp;P 500 indexSPX,+0.10%has gained 31.9% and 13.4% in those periods.<img src=\"https://static.tigerbbs.com/bbdcbd4d029585377cb50eb4b75d7998\" tg-width=\"710\" tg-height=\"522\" width=\"100%\" height=\"auto\"></p><p><blockquote>去年底上市后，富博股价在去年底飙升，但最近有所平静，但该公司估值仍约为40亿美元。股价在过去一年上涨了186.4%，但在过去六个月下跌了37.5%，标普500指数SPX,+0.10%在此期间分别上涨了31.9%和13.4%。</blockquote></p><p></p>\n<div class=\"bt-text\">\n\n\n<p> 来源：<a href=\"https://www.marketwatch.com/story/fubotv-stock-jumps-more-than-10-after-sports-focused-streamer-predicts-sales-will-double-in-2021-11628630937\">Market Wacth</a></p>\n<p>为提升您的阅读体验，我们对本页面进行了排版优化</p>\n\n\n</div>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"FUBO":"fuboTV Inc."},"source_url":"https://www.marketwatch.com/story/fubotv-stock-jumps-more-than-10-after-sports-focused-streamer-predicts-sales-will-double-in-2021-11628630937","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1173905680","content_text":"FuboTV Inc. easily surpassed expectations for sales growth in the second quarter and executives increased their forecast, calling for full-year revenue to more than double, sending shares more than 10% higher in after-hours trading Tuesday.\nFuboFUBO,reported a second-quarter loss of $94.9 million, or 68 cents a share, on sales of $130.9 million, up from $44.2 million a year ago. After adjusting for stock-based compensation and other costs, the company reported losses of 38 cents a share, an improvement from $2.46 a share in the year-ago quarter.Analysts on average expected adjusted losses of 49 cents a share on revenue of $121.4 million, according to FactSet, after the company forecast sales of $120 million to $122 million. Shares soared more than 10% higher in the extended session, after closing with a 2.5% gain at $28.64.\nIn response, Fubo executives increased their full-year guidance for revenue to $560 million to $570 million, after previously stating $520 million to $530 million; FuboTV reported 2020 sales of $268.8 million. After ending the quarter with 681,721 subscribers, Fubo executives predicted that total would top 900,000 at the end of the year, increasing the forecast to 910,000 to 920,000 from 830,000 to 850,000 previously.\nFor the third quarter, executives expect subscribers to top 800,000, guiding for 810,000 to 820,000 at the end of the period, leading to quarterly revenue of $140 million to $144 million. Analysts on average were expecting third-quarter revenue of $128.5 million, according to FactSet.\nFubo offers a sports-focused streaming service, and hopes to launch a sportsbook offering that will combine gambling options with the live events it airs. Executives said Tuesday that the company is on track to launch that offering before the end of the year, and offered a preview.\n“We’re excited to preview for the first time today how the Fubo Sportsbook app will immediately and in real-time update with relevant bets based on what the user is watching — even as they change the channel to a new game,” executives wrote ina letter to investorsTuesday. “This invisible connection between streaming video and our mobile betting app is a feature we believe only FuboTV can bring to market.”\nAfter going public late last year, Fubo stock shot higher toward the end of last year, but has calmed down of late while still valuing the company at roughly $4 billion. Shares are up 186.4% in the past year, but down 37.5% in the past six months, as the S&P 500 indexSPX,+0.10%has gained 31.9% and 13.4% in those periods.","news_type":1,"symbols_score_info":{"FUBO":0.9}},"isVote":1,"tweetType":1,"viewCount":515,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":896386198,"gmtCreate":1628556697514,"gmtModify":1633746218293,"author":{"id":"4087691982117120","authorId":"4087691982117120","name":"triu","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"4087691982117120","idStr":"4087691982117120"},"themes":[],"htmlText":"Like&nbsp;","listText":"Like&nbsp;","text":"Like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":3,"repostSize":0,"link":"https://laohu8.com/post/896386198","repostId":"1196813173","repostType":4,"isVote":1,"tweetType":1,"viewCount":662,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":806456497,"gmtCreate":1627690614219,"gmtModify":1633757150080,"author":{"id":"4087691982117120","authorId":"4087691982117120","name":"triu","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"4087691982117120","idStr":"4087691982117120"},"themes":[],"htmlText":"Like&nbsp;","listText":"Like&nbsp;","text":"Like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":7,"commentSize":2,"repostSize":0,"link":"https://laohu8.com/post/806456497","repostId":"1152039134","repostType":4,"repost":{"id":"1152039134","kind":"news","pubTimestamp":1627689014,"share":"https://www.laohu8.com/m/news/1152039134?lang=zh_CN&edition=full","pubTime":"2021-07-31 07:50","market":"us","language":"en","title":"Jim Cramer: Robinhood's IPO Debacle Shows How Little Has Changed Over the Decades<blockquote>吉姆·克莱默：Robinhood的IPO惨败表明几十年来变化很小</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1152039134","media":"The Street","summary":"Take it from a guy who knows, the process is really flawed.\n\nWhat should Robinhood (HOOD) -Get Repor","content":"<p>  Take it from a guy who knows, the process is really flawed.  What should Robinhood&nbsp;(<b>HOOD</b>) -Get Report&nbsp;have done to avoid the IPO debacle?</p><p><blockquote>听一个知道的人说，这个过程真的有缺陷。罗宾汉应该做什么（<b>发动机罩</b>)-获取报告为避免IPO失败做了哪些工作？</blockquote></p><p> I can't speak to what happened on Thursday, who was in charge, who argued for what.</p><p><blockquote>我不能说周四发生了什么，谁是负责人，谁为什么辩护。</blockquote></p><p> I can only tell you what I argued for 22 years ago whenTheStreet.comwas coming public. First, as the founder, I was determined to award all the subscribers with stock to demonstrate my loyalty to them.</p><p><blockquote>我只能告诉你22年前TheStreet.com上市时我争论了什么。首先，作为创始人，我决心用股票奖励所有订阅者，以表明我对他们的忠诚。</blockquote></p><p> Second, I was insistent that the deal be priced much lower than the underwriters wanted. We had already made a ton of money for initial investors. Why not leave a lot on the table and let the new investors do well?</p><p><blockquote>其次，我坚持认为这笔交易的定价要比承销商想要的低得多。我们已经为初始投资者赚了一大笔钱。为什么不把很多留在桌面上，让新投资者做好呢？</blockquote></p><p> Third, I wanted enough stock placed with good hands that there would be no flippers and I wanted close coordination with the various brokers who tended to infiltrate the process and hijack the openings by batching market orders and opening the stocks way too high and then shorting them all the way down.</p><p><blockquote>第三，我希望有足够多的股票交给好人，这样就不会有脚蹼，我希望与各种经纪人密切协调，这些经纪人往往会渗透到流程中，通过批量市场订单、开仓过高然后做空股票来劫持开盘。一路下跌。</blockquote></p><p> I lost on every single point.</p><p><blockquote>我在每一点上都输了。</blockquote></p><p> The underwriters said we could not allocate to subscribers.</p><p><blockquote>承销商说我们不能分配给认购者。</blockquote></p><p> Second, the price of the deal would not be controlled to where we could have a small pop so everyone would win.</p><p><blockquote>第二，交易的价格不会被控制在我们可以有一个小的流行，这样每个人都会赢。</blockquote></p><p> Third, the over-the-transom orders, those who placed market orders, were batched by an outfit called Knight Securities, not the underwriter, Goldman Sachs, and it opened at $62 -- it wasn't even clear what the opening price was it was so chaotic -- traded to $66, like how Robinhood traded to $39 and change, and then never traded higher.</p><p><blockquote>第三，场外订单，即那些下市价订单的人，是由一家名为Knight Securities的机构分批的，而不是承销商高盛，开盘价是62美元——甚至不清楚开盘价是多少，太混乱了——交易到66美元，就像Robinhood交易到39美元然后改变，然后再也没有交易更高。</blockquote></p><p> Everyone who bought that day lost money.</p><p><blockquote>那天买的都亏了。</blockquote></p><p> Everyone who sold that day made money.</p><p><blockquote>那天卖出的每个人都赚钱了。</blockquote></p><p> No subscribers got in, most bought at the opening, from what I can tell, and I alienated everyone except the big dogs.</p><p><blockquote>据我所知，没有订户进来，大多数是在开盘时买的，我疏远了除了大狗之外的所有人。</blockquote></p><p> It is amazing that here we are in 2021 and the process, while letting clients in, failed to price it so that Robinhood left money on the table. Believe me, it was possible to do so. But the underwriters and the management chose not to do so. We don't know which side screwed up, or both, but there was a successful blueprint; believe me, if I knew what it was in 1999, they knew what it is now.</p><p><blockquote>令人惊讶的是，我们现在是2021年，这个过程虽然让客户进入，但却未能定价，因此Robinhood将钱留在了桌面上。相信我，这是可能的。但承销商和管理层选择不这样做。我们不知道哪一方搞砸了，或者两者都搞砸了，但有一个成功的蓝图；相信我，如果我知道1999年是什么，他们也知道现在是什么。</blockquote></p><p> I always regretted what happened. Most people blamed me as I was the face of the process. I was astounded by how horrendous it was and did not \"take the long view\" because the long view sucked.</p><p><blockquote>我一直对发生的事感到后悔。大多数人责怪我，因为我是这个过程的代言人。我被它的可怕程度震惊了，没有“从长计议”，因为从长计议很糟糕。</blockquote></p><p> Why do these things go wrong? I do blame the underwriter because they do this every day and the principals only do it once. They have to keep the management from betraying the shareholders because the shareholders think that it is management's fault. No underwriter is EVER going to say that they screwed up. That's not in the cards.</p><p><blockquote>为什么这些事情会出错？我确实责怪承销商，因为他们每天都这样做，而委托人只做一次。他们必须阻止管理层背叛股东，因为股东认为这是管理层的错。没有承销商会说他们搞砸了。那是不可能的。</blockquote></p><p> So, we sit back and we marvel about how badly the deal went even as it was well within the province of the underwriter and the principals to make it so Robinhood left more on the table.</p><p><blockquote>因此，我们坐下来，惊叹于这笔交易进行得有多糟糕，尽管它完全在承销商和委托人的范围内，所以罗宾汉留下了更多。</blockquote></p><p> Greed?</p><p><blockquote>贪婪？</blockquote></p><p> Stupidity?</p><p><blockquote>愚蠢？</blockquote></p><p> How about poor execution and a lack of transparency that shows how badly it was handled.</p><p><blockquote>糟糕的执行和缺乏透明度表明事情处理得有多糟糕怎么样？</blockquote></p><p> Just like the offering ofTheStreet.com.</p><p><blockquote>就像TheStreet.com的产品一样。</blockquote></p><p></p>","source":"lsy1610613172068","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>Jim Cramer: Robinhood's IPO Debacle Shows How Little Has Changed Over the Decades<blockquote>吉姆·克莱默：Robinhood的IPO惨败表明几十年来变化很小</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\">\nJim Cramer: Robinhood's IPO Debacle Shows How Little Has Changed Over the Decades<blockquote>吉姆·克莱默：Robinhood的IPO惨败表明几十年来变化很小</blockquote>\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">The Street</strong><span class=\"h-time small\">2021-07-31 07:50</span>\n</p>\n</h4>\n</header>\n<article>\n<p>  Take it from a guy who knows, the process is really flawed.  What should Robinhood&nbsp;(<b>HOOD</b>) -Get Report&nbsp;have done to avoid the IPO debacle?</p><p><blockquote>听一个知道的人说，这个过程真的有缺陷。罗宾汉应该做什么（<b>发动机罩</b>)-获取报告为避免IPO失败做了哪些工作？</blockquote></p><p> I can't speak to what happened on Thursday, who was in charge, who argued for what.</p><p><blockquote>我不能说周四发生了什么，谁是负责人，谁为什么辩护。</blockquote></p><p> I can only tell you what I argued for 22 years ago whenTheStreet.comwas coming public. First, as the founder, I was determined to award all the subscribers with stock to demonstrate my loyalty to them.</p><p><blockquote>我只能告诉你22年前TheStreet.com上市时我争论了什么。首先，作为创始人，我决心用股票奖励所有订阅者，以表明我对他们的忠诚。</blockquote></p><p> Second, I was insistent that the deal be priced much lower than the underwriters wanted. We had already made a ton of money for initial investors. Why not leave a lot on the table and let the new investors do well?</p><p><blockquote>其次，我坚持认为这笔交易的定价要比承销商想要的低得多。我们已经为初始投资者赚了一大笔钱。为什么不把很多留在桌面上，让新投资者做好呢？</blockquote></p><p> Third, I wanted enough stock placed with good hands that there would be no flippers and I wanted close coordination with the various brokers who tended to infiltrate the process and hijack the openings by batching market orders and opening the stocks way too high and then shorting them all the way down.</p><p><blockquote>第三，我希望有足够多的股票交给好人，这样就不会有脚蹼，我希望与各种经纪人密切协调，这些经纪人往往会渗透到流程中，通过批量市场订单、开仓过高然后做空股票来劫持开盘。一路下跌。</blockquote></p><p> I lost on every single point.</p><p><blockquote>我在每一点上都输了。</blockquote></p><p> The underwriters said we could not allocate to subscribers.</p><p><blockquote>承销商说我们不能分配给认购者。</blockquote></p><p> Second, the price of the deal would not be controlled to where we could have a small pop so everyone would win.</p><p><blockquote>第二，交易的价格不会被控制在我们可以有一个小的流行，这样每个人都会赢。</blockquote></p><p> Third, the over-the-transom orders, those who placed market orders, were batched by an outfit called Knight Securities, not the underwriter, Goldman Sachs, and it opened at $62 -- it wasn't even clear what the opening price was it was so chaotic -- traded to $66, like how Robinhood traded to $39 and change, and then never traded higher.</p><p><blockquote>第三，场外订单，即那些下市价订单的人，是由一家名为Knight Securities的机构分批的，而不是承销商高盛，开盘价是62美元——甚至不清楚开盘价是多少，太混乱了——交易到66美元，就像Robinhood交易到39美元然后改变，然后再也没有交易更高。</blockquote></p><p> Everyone who bought that day lost money.</p><p><blockquote>那天买的都亏了。</blockquote></p><p> Everyone who sold that day made money.</p><p><blockquote>那天卖出的每个人都赚钱了。</blockquote></p><p> No subscribers got in, most bought at the opening, from what I can tell, and I alienated everyone except the big dogs.</p><p><blockquote>据我所知，没有订户进来，大多数是在开盘时买的，我疏远了除了大狗之外的所有人。</blockquote></p><p> It is amazing that here we are in 2021 and the process, while letting clients in, failed to price it so that Robinhood left money on the table. Believe me, it was possible to do so. But the underwriters and the management chose not to do so. We don't know which side screwed up, or both, but there was a successful blueprint; believe me, if I knew what it was in 1999, they knew what it is now.</p><p><blockquote>令人惊讶的是，我们现在是2021年，这个过程虽然让客户进入，但却未能定价，因此Robinhood将钱留在了桌面上。相信我，这是可能的。但承销商和管理层选择不这样做。我们不知道哪一方搞砸了，或者两者都搞砸了，但有一个成功的蓝图；相信我，如果我知道1999年是什么，他们也知道现在是什么。</blockquote></p><p> I always regretted what happened. Most people blamed me as I was the face of the process. I was astounded by how horrendous it was and did not \"take the long view\" because the long view sucked.</p><p><blockquote>我一直对发生的事感到后悔。大多数人责怪我，因为我是这个过程的代言人。我被它的可怕程度震惊了，没有“从长计议”，因为从长计议很糟糕。</blockquote></p><p> Why do these things go wrong? I do blame the underwriter because they do this every day and the principals only do it once. They have to keep the management from betraying the shareholders because the shareholders think that it is management's fault. No underwriter is EVER going to say that they screwed up. That's not in the cards.</p><p><blockquote>为什么这些事情会出错？我确实责怪承销商，因为他们每天都这样做，而委托人只做一次。他们必须阻止管理层背叛股东，因为股东认为这是管理层的错。没有承销商会说他们搞砸了。那是不可能的。</blockquote></p><p> So, we sit back and we marvel about how badly the deal went even as it was well within the province of the underwriter and the principals to make it so Robinhood left more on the table.</p><p><blockquote>因此，我们坐下来，惊叹于这笔交易进行得有多糟糕，尽管它完全在承销商和委托人的范围内，所以罗宾汉留下了更多。</blockquote></p><p> Greed?</p><p><blockquote>贪婪？</blockquote></p><p> Stupidity?</p><p><blockquote>愚蠢？</blockquote></p><p> How about poor execution and a lack of transparency that shows how badly it was handled.</p><p><blockquote>糟糕的执行和缺乏透明度表明事情处理得有多糟糕怎么样？</blockquote></p><p> Just like the offering ofTheStreet.com.</p><p><blockquote>就像TheStreet.com的产品一样。</blockquote></p><p></p>\n<div class=\"bt-text\">\n\n\n<p> 来源：<a href=\"https://www.thestreet.com/investing/cramer-robinhood-ipo-debacle-thestreet-7-30-21\">The Street</a></p>\n<p>为提升您的阅读体验，我们对本页面进行了排版优化</p>\n\n\n</div>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"HOOD":"Robinhood"},"source_url":"https://www.thestreet.com/investing/cramer-robinhood-ipo-debacle-thestreet-7-30-21","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1152039134","content_text":"Take it from a guy who knows, the process is really flawed.\n\nWhat should Robinhood (HOOD) -Get Report have done to avoid the IPO debacle?\nI can't speak to what happened on Thursday, who was in charge, who argued for what.\nI can only tell you what I argued for 22 years ago whenTheStreet.comwas coming public. First, as the founder, I was determined to award all the subscribers with stock to demonstrate my loyalty to them.\nSecond, I was insistent that the deal be priced much lower than the underwriters wanted. We had already made a ton of money for initial investors. Why not leave a lot on the table and let the new investors do well?\nThird, I wanted enough stock placed with good hands that there would be no flippers and I wanted close coordination with the various brokers who tended to infiltrate the process and hijack the openings by batching market orders and opening the stocks way too high and then shorting them all the way down.\nI lost on every single point.\nThe underwriters said we could not allocate to subscribers.\nSecond, the price of the deal would not be controlled to where we could have a small pop so everyone would win.\nThird, the over-the-transom orders, those who placed market orders, were batched by an outfit called Knight Securities, not the underwriter, Goldman Sachs, and it opened at $62 -- it wasn't even clear what the opening price was it was so chaotic -- traded to $66, like how Robinhood traded to $39 and change, and then never traded higher.\nEveryone who bought that day lost money.\nEveryone who sold that day made money.\nNo subscribers got in, most bought at the opening, from what I can tell, and I alienated everyone except the big dogs.\nIt is amazing that here we are in 2021 and the process, while letting clients in, failed to price it so that Robinhood left money on the table. Believe me, it was possible to do so. But the underwriters and the management chose not to do so. We don't know which side screwed up, or both, but there was a successful blueprint; believe me, if I knew what it was in 1999, they knew what it is now.\nI always regretted what happened. Most people blamed me as I was the face of the process. I was astounded by how horrendous it was and did not \"take the long view\" because the long view sucked.\nWhy do these things go wrong? I do blame the underwriter because they do this every day and the principals only do it once. They have to keep the management from betraying the shareholders because the shareholders think that it is management's fault. No underwriter is EVER going to say that they screwed up. That's not in the cards.\nSo, we sit back and we marvel about how badly the deal went even as it was well within the province of the underwriter and the principals to make it so Robinhood left more on the table.\nGreed?\nStupidity?\nHow about poor execution and a lack of transparency that shows how badly it was handled.\nJust like the offering ofTheStreet.com.","news_type":1,"symbols_score_info":{"HOOD":0.9}},"isVote":1,"tweetType":1,"viewCount":486,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":889932191,"gmtCreate":1631101389313,"gmtModify":1631892034868,"author":{"id":"4087691982117120","authorId":"4087691982117120","name":"triu","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"4087691982117120","idStr":"4087691982117120"},"themes":[],"htmlText":"Like&nbsp;","listText":"Like&nbsp;","text":"Like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":3,"repostSize":0,"link":"https://laohu8.com/post/889932191","repostId":"2165936035","repostType":2,"isVote":1,"tweetType":1,"viewCount":419,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":814918458,"gmtCreate":1630741221774,"gmtModify":1631893996275,"author":{"id":"4087691982117120","authorId":"4087691982117120","name":"triu","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"4087691982117120","idStr":"4087691982117120"},"themes":[],"htmlText":"Like","listText":"Like","text":"Like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":8,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/814918458","repostId":"2164803577","repostType":4,"isVote":1,"tweetType":1,"viewCount":591,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":830029945,"gmtCreate":1628994495887,"gmtModify":1633688105526,"author":{"id":"4087691982117120","authorId":"4087691982117120","name":"triu","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"4087691982117120","idStr":"4087691982117120"},"themes":[],"htmlText":"Like","listText":"Like","text":"Like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":7,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/830029945","repostId":"2159321288","repostType":4,"repost":{"id":"2159321288","kind":"news","weMediaInfo":{"introduction":"Stock Market Quotes, Business News, Financial News, Trading Ideas, and Stock Research by Professionals","home_visible":0,"media_name":"Benzinga","id":"1052270027","head_image":"https://static.tigerbbs.com/d08bf7808052c0ca9deb4e944cae32aa"},"pubTimestamp":1628990553,"share":"https://www.laohu8.com/m/news/2159321288?lang=zh_CN&edition=full","pubTime":"2021-08-15 09:22","market":"us","language":"en","title":"Why Regulatory Risk Is A Silver Lining For Apple And Google<blockquote>为什么监管风险对苹果和谷歌来说是一线希望</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=2159321288","media":"Benzinga","summary":"The threat of regulation has been looming over big tech giants such as Apple Inc. (NASDAQ: AAPL) and","content":"<p>The threat of regulation has been looming over big tech giants such as <b>Apple Inc. </b>(NASDAQ: AAPL) and <b>Alphabet Inc. </b>(NASDAQ: GOOGL) (NASDAQ: GOOG) over the past three years.</p><p><blockquote>监管的威胁一直笼罩着大型科技巨头，例如<b>苹果公司。</b>（纳斯达克：AAPL）和<b>Alphabet公司。</b>（纳斯达克：GOOGL）（纳斯达克：GOOG）过去三年。</blockquote></p><p> With a bill seeking broader changes in the way Apple and Google operate their respective app stores introduced this week, Loup Funds Managing Partner Gene Munster offered his take on what is in store for these companies.</p><p><blockquote>随着本周推出的一项法案寻求对苹果和谷歌运营各自应用商店的方式进行更广泛的改变，Loup Funds管理合伙人吉恩·蒙斯特(Gene Munster)提出了他对这些公司未来的看法。</blockquote></p><p> <b>What the New Legislation Is All About: </b> The changes proposed by the legislation calls for allowing third-party app stores with the App Store and Google Play store, Munster noted. Both companies are also called to allow app developers to explicitly advertise within apps, so that consumers can subscribe and make purchases outside of the App Store or the Google Play Store, he added.</p><p><blockquote><b>新立法的内容是：</b>明斯特指出，评级立法提出的允许第三方应用商店与App Store和谷歌Play商店合作的变化。他补充说，两家公司还被要求允许应用程序开发者在应用程序内明确做广告，以便消费者可以在App Store或Google Play商店之外订阅和购买。</blockquote></p><p> This will help avoiding the 30% take rate on in-app purchases, the analyst said.</p><p><blockquote>分析师表示，这将有助于避免应用内购买30%的采用率。</blockquote></p><p> The proposed bill will have to be approved by the House and Senate before becoming law, Munster said.</p><p><blockquote>明斯特说，拟议的法案在成为法律之前必须得到众议院和参议院的批准。</blockquote></p><p> <b>Regulation Not Automatically Negative: </b> The end result of regulation is not automatically negative for big tech, given unintended consequences often occur when incentives change, Munster said.</p><p><blockquote><b>调节不自动为负：</b>蒙斯特表示，监管的最终结果不会自动对大型科技公司产生负面影响，因为当激励措施发生变化时，往往会出现意想不到的后果。</blockquote></p><p> Even if Apple buckles under pressure and reduces its take rate from 30% to 10% - a possibility which is unlikely – it could still make more money ultimately, the analyst said. A reduction in fees will likely spur greater growth in the app development ecosystem, he added.</p><p><blockquote>分析师表示，即使苹果在压力下屈服，将接受率从30%降至10%（这种可能性不太可能），它最终仍可能赚更多钱。他补充说，费用的降低可能会刺激应用程序开发生态系统的更大增长。</blockquote></p><p> Apple and Google, according to the analyst, have the stronger case, given they created their mobile app stores and are responsible for maintaining them, the analyst said. They, therefore, should have control over how things are curated and distributed within the stores, he added.</p><p><blockquote>分析师表示，苹果和谷歌拥有更强的理由，因为它们创建了自己的移动应用商店并负责维护这些商店。他补充说，因此，他们应该控制商店内商品的策划和分销方式。</blockquote></p><p> Additionally, opening the iPhone to third-party app stores, the analyst said, will weaken security and privacy, thereby harming consumers.</p><p><blockquote>此外，该分析师表示，向第三方应用商店开放iPhone将削弱安全性和隐私，从而损害消费者。</blockquote></p><p> <b>Munster's Take On Potential Regulation: </b> The likelihood of radical regulation as low, Munster said. If any regulations do&nbsp;materialize, the most likely outcome is that Apple and Google will be forced to remove their anti-steering clauses, thereby allowing publishers to advertise payment options outside of the default in-app payment systems, the analyst said.</p><p><blockquote><b>明斯特对潜在监管的看法：</b>明斯特说，激进监管的可能性很低。该分析师表示，如果任何法规真的成为现实，最有可能的结果是苹果和谷歌将被迫删除其反转向条款，从而允许出版商在默认的应用内支付系统之外宣传支付选项。</blockquote></p><p> \"This would have limited impact on consumer app store engagement given the easiest way to manage app spending will be to remain inside the respective walled gardens,\" the analyst concluded.</p><p><blockquote>这位分析师总结道：“这对消费者应用商店参与度的影响有限，因为管理应用支出最简单的方法是留在各自的围墙花园里。”</blockquote></p><p> Apple closed Friday's session down 0.14% at $149.10 and Google ended nearly flat at $2,768.12.</p><p><blockquote>苹果周五收盘下跌0.14%，至149.10美元，谷歌收盘几乎持平，至2,768.12美元。</blockquote></p><p> Latest Ratings for AAPL</p><p><blockquote>AAPL的最新评级</blockquote></p><p> <table>  <tbody>   <tr>    <th>Date</th>    <th>Firm</th>    <th>Action</th>    <th>From</th>    <th>To</th>   </tr>  </tbody>  <tbody>   <tr>    <td>Jul 2021</td>    <td>Loop Capital</td>    <td>Maintains</td>    <td></td>    <td>Buy</td>   </tr>   <tr>    <td>Jul 2021</td>    <td>Deutsche Bank</td>    <td>Maintains</td>    <td></td>    <td>Buy</td>   </tr>   <tr>    <td>Jul 2021</td>    <td>Piper Sandler</td>    <td>Maintains</td>    <td></td>    <td>Overweight</td>   </tr>  </tbody> </table></p><p><blockquote><table><tbody><tr><th>日期</th><th>公司</th><th>行动</th><th>来自</th><th>到</th></tr></tbody><tbody><tr><td>2021年7月</td><td>循环资本</td><td>维护</td><td></td><td>购买</td></tr><tr><td>2021年7月</td><td>德意志银行</td><td>维护</td><td></td><td>购买</td></tr><tr><td>2021年7月</td><td>派珀·桑德勒</td><td>维护</td><td></td><td>跑赢大盘</td></tr></tbody></table></blockquote></p><p></p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; 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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 Regulatory Risk Is A Silver Lining For Apple And Google<blockquote>为什么监管风险对苹果和谷歌来说是一线希望</blockquote>\n</h2>\n<h4 class=\"meta\">\n<div class=\"head\" \">\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/d08bf7808052c0ca9deb4e944cae32aa);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Benzinga </p>\n<p class=\"h-time smaller\">2021-08-15 09:22</p>\n</div>\n</div>\n</h4>\n</header>\n<article>\n<p>The threat of regulation has been looming over big tech giants such as <b>Apple Inc. </b>(NASDAQ: AAPL) and <b>Alphabet Inc. </b>(NASDAQ: GOOGL) (NASDAQ: GOOG) over the past three years.</p><p><blockquote>监管的威胁一直笼罩着大型科技巨头，例如<b>苹果公司。</b>（纳斯达克：AAPL）和<b>Alphabet公司。</b>（纳斯达克：GOOGL）（纳斯达克：GOOG）过去三年。</blockquote></p><p> With a bill seeking broader changes in the way Apple and Google operate their respective app stores introduced this week, Loup Funds Managing Partner Gene Munster offered his take on what is in store for these companies.</p><p><blockquote>随着本周推出的一项法案寻求对苹果和谷歌运营各自应用商店的方式进行更广泛的改变，Loup Funds管理合伙人吉恩·蒙斯特(Gene Munster)提出了他对这些公司未来的看法。</blockquote></p><p> <b>What the New Legislation Is All About: </b> The changes proposed by the legislation calls for allowing third-party app stores with the App Store and Google Play store, Munster noted. Both companies are also called to allow app developers to explicitly advertise within apps, so that consumers can subscribe and make purchases outside of the App Store or the Google Play Store, he added.</p><p><blockquote><b>新立法的内容是：</b>明斯特指出，评级立法提出的允许第三方应用商店与App Store和谷歌Play商店合作的变化。他补充说，两家公司还被要求允许应用程序开发者在应用程序内明确做广告，以便消费者可以在App Store或Google Play商店之外订阅和购买。</blockquote></p><p> This will help avoiding the 30% take rate on in-app purchases, the analyst said.</p><p><blockquote>分析师表示，这将有助于避免应用内购买30%的采用率。</blockquote></p><p> The proposed bill will have to be approved by the House and Senate before becoming law, Munster said.</p><p><blockquote>明斯特说，拟议的法案在成为法律之前必须得到众议院和参议院的批准。</blockquote></p><p> <b>Regulation Not Automatically Negative: </b> The end result of regulation is not automatically negative for big tech, given unintended consequences often occur when incentives change, Munster said.</p><p><blockquote><b>调节不自动为负：</b>蒙斯特表示，监管的最终结果不会自动对大型科技公司产生负面影响，因为当激励措施发生变化时，往往会出现意想不到的后果。</blockquote></p><p> Even if Apple buckles under pressure and reduces its take rate from 30% to 10% - a possibility which is unlikely – it could still make more money ultimately, the analyst said. A reduction in fees will likely spur greater growth in the app development ecosystem, he added.</p><p><blockquote>分析师表示，即使苹果在压力下屈服，将接受率从30%降至10%（这种可能性不太可能），它最终仍可能赚更多钱。他补充说，费用的降低可能会刺激应用程序开发生态系统的更大增长。</blockquote></p><p> Apple and Google, according to the analyst, have the stronger case, given they created their mobile app stores and are responsible for maintaining them, the analyst said. They, therefore, should have control over how things are curated and distributed within the stores, he added.</p><p><blockquote>分析师表示，苹果和谷歌拥有更强的理由，因为它们创建了自己的移动应用商店并负责维护这些商店。他补充说，因此，他们应该控制商店内商品的策划和分销方式。</blockquote></p><p> Additionally, opening the iPhone to third-party app stores, the analyst said, will weaken security and privacy, thereby harming consumers.</p><p><blockquote>此外，该分析师表示，向第三方应用商店开放iPhone将削弱安全性和隐私，从而损害消费者。</blockquote></p><p> <b>Munster's Take On Potential Regulation: </b> The likelihood of radical regulation as low, Munster said. If any regulations do&nbsp;materialize, the most likely outcome is that Apple and Google will be forced to remove their anti-steering clauses, thereby allowing publishers to advertise payment options outside of the default in-app payment systems, the analyst said.</p><p><blockquote><b>明斯特对潜在监管的看法：</b>明斯特说，激进监管的可能性很低。该分析师表示，如果任何法规真的成为现实，最有可能的结果是苹果和谷歌将被迫删除其反转向条款，从而允许出版商在默认的应用内支付系统之外宣传支付选项。</blockquote></p><p> \"This would have limited impact on consumer app store engagement given the easiest way to manage app spending will be to remain inside the respective walled gardens,\" the analyst concluded.</p><p><blockquote>这位分析师总结道：“这对消费者应用商店参与度的影响有限，因为管理应用支出最简单的方法是留在各自的围墙花园里。”</blockquote></p><p> Apple closed Friday's session down 0.14% at $149.10 and Google ended nearly flat at $2,768.12.</p><p><blockquote>苹果周五收盘下跌0.14%，至149.10美元，谷歌收盘几乎持平，至2,768.12美元。</blockquote></p><p> Latest Ratings for AAPL</p><p><blockquote>AAPL的最新评级</blockquote></p><p> <table>  <tbody>   <tr>    <th>Date</th>    <th>Firm</th>    <th>Action</th>    <th>From</th>    <th>To</th>   </tr>  </tbody>  <tbody>   <tr>    <td>Jul 2021</td>    <td>Loop Capital</td>    <td>Maintains</td>    <td></td>    <td>Buy</td>   </tr>   <tr>    <td>Jul 2021</td>    <td>Deutsche Bank</td>    <td>Maintains</td>    <td></td>    <td>Buy</td>   </tr>   <tr>    <td>Jul 2021</td>    <td>Piper Sandler</td>    <td>Maintains</td>    <td></td>    <td>Overweight</td>   </tr>  </tbody> </table></p><p><blockquote><table><tbody><tr><th>日期</th><th>公司</th><th>行动</th><th>来自</th><th>到</th></tr></tbody><tbody><tr><td>2021年7月</td><td>循环资本</td><td>维护</td><td></td><td>购买</td></tr><tr><td>2021年7月</td><td>德意志银行</td><td>维护</td><td></td><td>购买</td></tr><tr><td>2021年7月</td><td>派珀·桑德勒</td><td>维护</td><td></td><td>跑赢大盘</td></tr></tbody></table></blockquote></p><p></p>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"GOOGL":"谷歌A","AAPL":"苹果","GOOG":"谷歌"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2159321288","content_text":"The threat of regulation has been looming over big tech giants such as Apple Inc. (NASDAQ: AAPL) and Alphabet Inc. (NASDAQ: GOOGL) (NASDAQ: GOOG) over the past three years.\nWith a bill seeking broader changes in the way Apple and Google operate their respective app stores introduced this week, Loup Funds Managing Partner Gene Munster offered his take on what is in store for these companies.\nWhat the New Legislation Is All About:  The changes proposed by the legislation calls for allowing third-party app stores with the App Store and Google Play store, Munster noted. Both companies are also called to allow app developers to explicitly advertise within apps, so that consumers can subscribe and make purchases outside of the App Store or the Google Play Store, he added.\nThis will help avoiding the 30% take rate on in-app purchases, the analyst said.\nThe proposed bill will have to be approved by the House and Senate before becoming law, Munster said.\nRegulation Not Automatically Negative:  The end result of regulation is not automatically negative for big tech, given unintended consequences often occur when incentives change, Munster said.\nEven if Apple buckles under pressure and reduces its take rate from 30% to 10% - a possibility which is unlikely – it could still make more money ultimately, the analyst said. A reduction in fees will likely spur greater growth in the app development ecosystem, he added.\nApple and Google, according to the analyst, have the stronger case, given they created their mobile app stores and are responsible for maintaining them, the analyst said. They, therefore, should have control over how things are curated and distributed within the stores, he added.\nAdditionally, opening the iPhone to third-party app stores, the analyst said, will weaken security and privacy, thereby harming consumers.\nMunster's Take On Potential Regulation:  The likelihood of radical regulation as low, Munster said. If any regulations do materialize, the most likely outcome is that Apple and Google will be forced to remove their anti-steering clauses, thereby allowing publishers to advertise payment options outside of the default in-app payment systems, the analyst said.\n\"This would have limited impact on consumer app store engagement given the easiest way to manage app spending will be to remain inside the respective walled gardens,\" the analyst concluded.\nApple closed Friday's session down 0.14% at $149.10 and Google ended nearly flat at $2,768.12.\nLatest Ratings for AAPL\n\n\n\nDate\nFirm\nAction\nFrom\nTo\n\n\n\n\nJul 2021\nLoop Capital\nMaintains\n\nBuy\n\n\nJul 2021\nDeutsche Bank\nMaintains\n\nBuy\n\n\nJul 2021\nPiper Sandler\nMaintains\n\nOverweight","news_type":1,"symbols_score_info":{"GOOG":0.9,"GOOGL":0.9,"AAPL":0.9}},"isVote":1,"tweetType":1,"viewCount":419,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":142667806,"gmtCreate":1626147170905,"gmtModify":1633929645775,"author":{"id":"4087691982117120","authorId":"4087691982117120","name":"triu","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"4087691982117120","idStr":"4087691982117120"},"themes":[],"htmlText":"Like&nbsp;","listText":"Like&nbsp;","text":"Like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":7,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/142667806","repostId":"1119839711","repostType":4,"repost":{"id":"1119839711","kind":"news","pubTimestamp":1626126339,"share":"https://www.laohu8.com/m/news/1119839711?lang=zh_CN&edition=full","pubTime":"2021-07-13 05:45","market":"us","language":"en","title":"Dow narrowly misses first close at 35,000 but all 3 stock indexes log back-to-back record finishes ahead of bank earnings<blockquote>道琼斯指数首次收于35,000点，但所有3个股指均在银行财报公布前连续创下历史新高</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1119839711","media":"MarketWatch","summary":"Dow ends just shy of 35,000 milestone.\n\nThe Dow Jones Industrial Average, S&P 500 index and Nasdaq C","content":"<p>  <b>Dow ends just shy of 35,000 milestone.</b>  The Dow Jones Industrial Average, S&amp;P 500 index and <a href=\"https://laohu8.com/S/NDAQ\">Nasdaq</a> Composite on Monday advanced to back-to-back record finishes, starting the week the way the ended last week.</p><p><blockquote><b>道琼斯指数收盘略低于35,000点的里程碑。</b>道琼斯工业平均指数、标普500指数和<a href=\"https://laohu8.com/S/NDAQ\">纳斯达克</a>周一综合指数连续创下纪录，以上周结束的方式开始了本周。</blockquote></p><p> The record finish comes as investors await semiannual testimony from Federal Reserve Chairman Jerome <a href=\"https://laohu8.com/S/POWL\">Powell</a> beginning Wednesday and a batch of economic reports throughout the week, the unofficial start of corporate quarterly results.</p><p><blockquote>创纪录的收官之际，投资者正在等待美联储主席杰罗姆的半年度证词<a href=\"https://laohu8.com/S/POWL\">鲍威尔</a>从周三开始，一批经济报告贯穿整个星期，企业季度业绩的非正式开始。</blockquote></p><p> <b>How did stock benchmarks end?</b></p><p><blockquote><b>股票基准是如何结束的？</b></blockquote></p><p> <ul>  <li>The Dow Jones Industrial AverageDJIA,+0.36%rose 126.02 points, or 0.4%, to end at a record 34,996.18.</li>  <li>S&amp;P 500 indexSPX,+0.35%added 15.08 points, or 0.4%, closing at a record 4,384.63, after touching an intraday high at 4,386.68.</li>  <li>Nasdaq Composite IndexCOMP,+0.21%advanced 31.32 points, or 0.2%, finishing at a record 14,733.24, after establishing an intraday all-time high at 14,761.08.</li> </ul> On Friday, the Dow and S&amp;P 500 finished the session at record highs, booking weekly gains of about 0.2% and 0.4%, respectively. The Nasdaq Composite finished the week at an all-time high with a 0.4% weekly gain.</p><p><blockquote><ul><li>道琼斯工业平均指数上涨126.02点，涨幅0.4%，收于创纪录的34,996.18点。</li><li>标普500指数SPX,+0.35%上涨15.08点，涨幅0.4%，收于创纪录的4,384.63点，此前触及盘中高点4,386.68点。</li><li>纳斯达克综合指数COMP,+0.21%上涨31.32点，即0.2%，收于创纪录的14,733.24点，此前盘中创下历史新高14,761.08点。</li></ul>周五，道琼斯指数和标普500指数收于历史新高，周涨幅分别约为0.2%和0.4%。纳斯达克综合指数本周收盘创下历史新高，周涨幅为0.4%。</blockquote></p><p> <b>What drove the market?</b></p><p><blockquote><b>是什么推动了市场？</b></blockquote></p><p> Major stock indexes rose to back-to-back closing records on Monday. The advance came ahead of a number of key events that could serve as catalysts later in the week, including the unofficial start of earnings season, which<b><a href=\"https://laohu8.com/S/JPM\">JPMorgan Chase</a> &amp; Co</b>.JPM,+1.43%will kick off Tuesday, Powell’s testimony on Capitol <a href=\"https://laohu8.com/S/HIL\">Hill</a>, and fresh readings on inflation.</p><p><blockquote>周一，主要股指连续上涨至收盘纪录。此次上涨发生在本周晚些时候可能成为催化剂的一些关键事件之前，包括财报季的非正式开始，<b><a href=\"https://laohu8.com/S/JPM\">摩根大通</a>&amp;Co</b>鲍威尔将于周二在国会大厦作证，摩根大通+1.43%<a href=\"https://laohu8.com/S/HIL\">山丘</a>，以及有关通货膨胀的最新读数。</blockquote></p><p> “People are thinking earnings are going to be strong and that may propel the market higher,” said John Carey, director of <a href=\"https://laohu8.com/S/EQR\">Equity</a> Income at Amundi U.S., adding that, for now, earnings have overshadowed uncertainty in <a href=\"https://laohu8.com/S/WASH\">Washington</a> over planned infrastructure spending and potentially higher corporate taxes.</p><p><blockquote>“人们认为盈利将会强劲，这可能会推动市场走高，”<a href=\"https://laohu8.com/S/EQR\">公平</a>Amundi U.S.的收入，并补充说，目前，盈利已经掩盖了<a href=\"https://laohu8.com/S/WASH\">华盛顿州</a>超过计划的基础设施支出和可能更高的公司税。</blockquote></p><p> “Most people seem to be focused on the strength of the economy and the possibility of better earnings to support stock prices, which are definitely at high levels,” Carey told MarketWatch.</p><p><blockquote>凯里对MarketWatch表示：“大多数人似乎都关注经济实力以及更好的盈利来支撑股价的可能性，而股价肯定处于高位。”</blockquote></p><p> Equity markets experienced a bout of turbulence last week before ending with a flourish, prompted partly by a drop in Treasury yields. Lower-bound rates for government debt had raised questions about the outlook for the U.S. economy in the recovery from the pandemic. The spread of the delta variant of COVID-19 has emerged as a concern, but so has the lofty valuations assigned to some segments of the market.</p><p><blockquote>股市上周经历了一轮动荡，随后以繁荣告终，部分原因是美国国债收益率下降。政府债务利率的下调引发了人们对美国经济从疫情复苏的前景的质疑。COVID-19德尔塔变异毒株的蔓延已成为一个令人担忧的问题，但某些细分市场的高估值也是一个令人担忧的问题。</blockquote></p><p> Questions about the Fed’s monetary policy in the face of growing evidence of percolating inflation also have been blamed for some of the rocky trading.</p><p><blockquote>面对越来越多的通胀渗透证据，人们对美联储货币政策的质疑也被指责为部分交易不稳定的原因。</blockquote></p><p> Yields for the 10-yearTMUBMUSD10Y,1.365%edged up less than a basis point to 1.362% on Monday, while the 30-year Treasury yieldsTMUBMUSD30Y,2.000%advanced by 1.2 basis points to 1.993%, near lows last seen in February.</p><p><blockquote>周一，10年期国债收益率MUBMUSD10Y, 1.365%小幅上涨不到一个基点至1.362%，而30年期国债收益率MUBMUSD30Y, 2.000%上涨1.2个基点至1.993%，接近2月份的低点。</blockquote></p><p> Federal Reserve Bank ofNew York President John <a href=\"https://laohu8.com/S/WMB\">Williams</a> told reportersMonday that conditions for scaling back its $120 billion a month bond-buying stimulus program have yet to be met.</p><p><blockquote>纽约联邦储备银行行长约翰<a href=\"https://laohu8.com/S/WMB\">威廉姆斯</a>周一对记者表示，缩减每月1200亿美元债券购买刺激计划的条件尚未满足。</blockquote></p><p> Although inflation and peak growth concerns continue to percolate andworry U.S. households, some strategists said those concerns may be “over-hyped” for markets.</p><p><blockquote>尽管通胀和增长峰值的担忧继续渗透并令美国家庭担忧，但一些策略师表示，这些担忧对市场来说可能被“过度炒作”。</blockquote></p><p> “Both the previous inflation concerns and the current peak growth concerns are likely over-extrapolated reflections of near-term trends that will not persist,” Glenmede’s team led by Jason Pride and Michael Reynolds, wrote in a Monday note.</p><p><blockquote>由杰森·普莱德和迈克尔·雷诺兹领导的格伦梅德团队在周一的一份报告中写道：“之前的通胀担忧和当前的增长峰值担忧都可能是对近期趋势的过度推断，不会持续下去。”</blockquote></p><p> “Markets may remain volatile as they attempt to adjust to the rapidly&nbsp;evolving information flow during the ongoing recovery from the pandemic,” but those factors “should not be disruptive of markets longer term.”</p><p><blockquote>“在从大流行中持续复苏的过程中，市场试图适应快速变化的信息流，可能会保持波动”，但这些因素“不应对市场造成长期破坏”。</blockquote></p><p> <a href=\"https://laohu8.com/S/ISBC\">Investors</a> also have been keeping an eye on delta-driven COVID infections. The U.S. leads the world with a total of 33.85 million COVID cases and in deaths with 607,156. Dr. Anthony Fauci said on Monday thatboosters weren’t needed for now, but duringa Sunday CNN inview said it was “horrifying”to see conservatives cheer for low vaccination rates, blaming “ideological rigidity” for hobbling the fight against the pandemic.</p><p><blockquote><a href=\"https://laohu8.com/S/ISBC\">投资者</a>也一直在关注delta驱动的COVID感染。美国以3385万例COVID病例和607156例死亡位居世界第一。安东尼·福奇博士周一表示，目前不需要加强剂，但周日CNN inview表示，看到保守派为低疫苗接种率欢呼是“令人震惊的”，并指责“意识形态僵化”阻碍了抗击疫情的斗争。</blockquote></p><p> “We have long warned that vaccinations would be unlikely to trigger a smooth transition to normalcy,” Ben May, <a href=\"https://laohu8.com/S/OXM\">Oxford</a> Economics’ director of global macro research wrote Monday.</p><p><blockquote>“我们长期以来一直警告说，疫苗接种不太可能引发向正常状态的平稳过渡，”本·梅说，<a href=\"https://laohu8.com/S/OXM\">牛津大学</a>经济学全球宏观研究总监周一写道。</blockquote></p><p> No key data were on deck Monday ahead of a busy week in economic reports, starting with a reading of consumer prices on Tuesday.</p><p><blockquote>在经济报告繁忙的一周之前，周一没有关键数据公布，首先是周二的消费者价格数据。</blockquote></p><p> Separately, investors also were focused on discussions among finance ministers from the G-20, who are trying to assess the potential implications of a proposal for a global minimum tax.</p><p><blockquote>另外，投资者还关注20国集团财长之间的讨论，他们正试图评估全球最低税提案的潜在影响。</blockquote></p><p></p><p> “We need sustainable sources of revenue that do not rely on further taxing workers’ wages and exacerbating the economic disparities that we are all committed to reducing,” U.S. Treasury Secretary Janet Yellen said in a speech to European Union countries about revamping the corporate tax code internationally.</p><p><blockquote>“我们需要可持续的收入来源，而不是依赖于进一步对工人工资征税和加剧我们都致力于缩小的经济差距，”美国财政部长珍妮特·耶伦在向欧盟国家发表的关于修改国际企业税法的讲话中表示。</blockquote></p><p> “We need to put an end to corporations shifting capital income to low tax jurisdictions, and to accounting gimmicks that allow them to avoid paying their fair share,” she said.</p><p><blockquote>她说：“我们需要制止企业将资本收入转移到低税收管辖区，以及让他们逃避支付公平份额的会计噱头。”</blockquote></p><p> <b>Which companies were in focus?</b></p><p><blockquote><b>哪些公司成为焦点？</b></blockquote></p><p> <ul>  <li><b><a href=\"https://laohu8.com/S/AVGO\">Broadcom</a> Inc</b>.AVGO,+1.16%shares rose 1.2% Monday afterThe Wall Street Journal reportedthe chip and software company was in talks to buy SAS Institute Inc. in a deal that could value the smashup at $15 billion to $20 billion.</li>  <li><b><a href=\"https://laohu8.com/S/AAPL\">Apple</a> Inc</b>.AAPL,-0.42%&nbsp;shares fell 0.4% a day after a Delaware federal judgedismissed a Blix Inc. suit,saying it failed to demonstrate how Apple harmed competition in the mobile operating system market.</li>  <li><b><a href=\"https://laohu8.com/S/LB\">L Brands Inc</a></b>.LB,+4.16%&nbsp;said it’s separating into two publiclytraded businesses next month, with theVictoria’s Secret &amp; Co.‘s underwear unit as “VSCO,” while the Bath &amp; BodyWorks Inc. arm under the “BBWI” ticker, starting Aug. 3.</li>  <li><b><a href=\"https://laohu8.com/S/GME\">GameStop</a>&nbsp;Inc</b>.GME,-1.04%shares shed 1% Monday after Ascendiant Capital Markets lifted its 12-month price target to $25 from $10, but still nowhere near the company’s $189.25 closing price Monday.</li>  <li>Weber, the maker of outdoor grills,has filed to go public, nearly 50 years after it’s iconic dome-like grill was made. Shares are set to&nbsp;trade on the <a href=\"https://laohu8.com/S/NWY\">New York</a> Stock Exchange under the ticker WEBR.</li>  <li>Shares of<b><a href=\"https://laohu8.com/S/SPCE.WS\">Virgin Galactic Holdings Inc</a>.</b>&nbsp;SPCEskid 17.3% Monday, it’s largest daily percent slump since March 16, 2020, a day after founder Richard Branson and five crewmates successfully flew into&nbsp;suborbital space on the company’s VSS <a href=\"https://laohu8.com/S/UNTY\">Unity</a>&nbsp;rocket-powered spaceplane.</li>  <li><b>Couchbase Inc</b>.&nbsp;BASE,&nbsp;a provider of a database for enterprise applications, set terms for its initial public offering on Monday, with plans to offer 7 million shares, priced at $20 to $23 each. The company has applied to list on Nasdaq, under the ticker ‘BASE.’</li>  <li>Shares of<b>Moderna Inc</b>.&nbsp;MRNArose 2.8% Monday after the company said it would supply 20 million doses of its COVID-19 vaccine to Argentina.</li>  <li>Shares of<b><a href=\"https://laohu8.com/S/SWI\">SolarWinds Corp</a>.</b>&nbsp;SWI&nbsp;were 1.8% lower Monday, even after the information technology infrastructure management software company provided an upbeat second-quarter revenue outlook.</li> </ul> <b>How did other assets trade?</b></p><p><blockquote><ul><li><b><a href=\"https://laohu8.com/S/AVGO\">Broadcom</a>Inc</b>.AVGO,+1.16%据《华尔街日报》报道，这家芯片和软件公司正在就收购SAS Institute Inc.进行谈判，这笔交易的估值可能达到150亿至200亿美元，周一股价上涨1.2%。</li><li><b><a href=\"https://laohu8.com/S/AAPL\">苹果</a>Inc</b>特拉华联邦法官驳回了Blix Inc.的诉讼，称该诉讼未能证明苹果如何损害了移动操作系统市场的竞争，该公司股价一天下跌0.4%。</li><li><b><a href=\"https://laohu8.com/S/LB\">L品牌公司</a></b>.LB,+4.16%表示，将于下个月分拆为两家上市公司，维多利亚的秘密(Victoria's Secret&amp;Co.)的内衣部门将更名为“VSCO”，而Bath&amp;BodyWorks Inc.的子公司将更名为“BBWI”，股票代码为“BBWI”，从8月3日开始。</li><li><b><a href=\"https://laohu8.com/S/GME\">游戏驿站</a>Inc</b>.GME,-1.04%周一，Ascendiant Capital Markets将其12个月目标价从10美元上调至25美元，但仍远未接近该公司周一189.25美元的收盘价。</li><li>户外烤架制造商韦伯(Weber)已申请上市，距其标志性的圆顶状烤架问世已近50年。股票将于<a href=\"https://laohu8.com/S/NWY\">纽约</a>证券交易所，股票代码为WEBR。</li><li>本公司之股份<b><a href=\"https://laohu8.com/S/SPCE.WS\">维珍银河控股公司</a>.</b>SPCEskid周一下跌17.3%，这是自2020年3月16日以来的最大单日跌幅，此前一天创始人理查德·布兰森(Richard Branson)和五名机组人员乘坐该公司的VSS成功飞入亚轨道空间<a href=\"https://laohu8.com/S/UNTY\">团结</a>火箭动力太空飞机。</li><li><b>沙发基地公司</b>企业应用数据库提供商.BASE周一设定了首次公开募股的条款，计划发行700万股，每股定价20至23美元。该公司已申请在纳斯达克上市，股票代码为“BASE”。</li><li>本公司之股份<b>现代公司</b>.MRNA周一上涨2.8%，此前该公司表示将向阿根廷供应2000万剂COVID-19疫苗。</li><li>本公司之股份<b><a href=\"https://laohu8.com/S/SWI\">SolarWinds公司</a>.</b>尽管这家信息技术基础设施管理软件公司提供了乐观的第二季度收入前景，SWI周一仍下跌1.8%。</li></ul><b>其他资产是如何交易的？</b></blockquote></p><p> <ul>  <li>The ICE U.S. Dollar Index&nbsp;DXY,&nbsp;a measure of the currency against six major rivals, was up 0.1%.</li>  <li>Oil futures closed lower Monday, with the U.S. benchmark&nbsp;CL00&nbsp;CL.1,-0.51%down 0.6% settling at $74.10 a barrel. Gold&nbsp;GC00&nbsp;settled 0.3% lower at $1,805.90 an ounce.</li>  <li>In European equities, the Stoxx Europe 600&nbsp;SXXP&nbsp;closed 0.7% higher, while London’s <a href=\"https://laohu8.com/S/.100.UK\">FTSE 100</a>&nbsp;UKX&nbsp;finished up 0.05% on Monday.</li>  <li>In <a href=\"https://laohu8.com/S/00662\">Asia</a>, the Shanghai Composite&nbsp;SHCOMP&nbsp;gained 0.7%, Hong Kong’s Hang Seng Index&nbsp;HSI&nbsp;rose 0.6% on the session and Japan’s Nikkei 225&nbsp;NIK&nbsp;rallied 2.3% on Monday.</li> </ul></p><p><blockquote><ul><li>衡量美元兑六个主要竞争对手的ICE美元指数DXY上涨0.1%。</li><li>石油期货周一收盘走低，美国基准Cl 00 Cl.1,-0.51%下跌0.6%，收于每桶74.10美元。黄金GC 00收跌0.3%，报每盎司1805.90美元。</li><li>欧洲股市方面，斯托克欧洲600指数收盘上涨0.7%，而伦敦股市收盘上涨0.7%<a href=\"https://laohu8.com/S/.100.UK\">富时100</a>UKX周一收盘上涨0.05%。</li><li>在<a href=\"https://laohu8.com/S/00662\">亚洲</a>周一，上证综指上涨0.7%，恒生指数恒生指数上涨0.6%，日经225指数上涨2.3%。</li></ul></blockquote></p><p></p>","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>Dow narrowly misses first close at 35,000 but all 3 stock indexes log back-to-back record finishes ahead of bank earnings<blockquote>道琼斯指数首次收于35,000点，但所有3个股指均在银行财报公布前连续创下历史新高</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\">\nDow narrowly misses first close at 35,000 but all 3 stock indexes log back-to-back record finishes ahead of bank earnings<blockquote>道琼斯指数首次收于35,000点，但所有3个股指均在银行财报公布前连续创下历史新高</blockquote>\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">MarketWatch</strong><span class=\"h-time small\">2021-07-13 05:45</span>\n</p>\n</h4>\n</header>\n<article>\n<p>  <b>Dow ends just shy of 35,000 milestone.</b>  The Dow Jones Industrial Average, S&amp;P 500 index and <a href=\"https://laohu8.com/S/NDAQ\">Nasdaq</a> Composite on Monday advanced to back-to-back record finishes, starting the week the way the ended last week.</p><p><blockquote><b>道琼斯指数收盘略低于35,000点的里程碑。</b>道琼斯工业平均指数、标普500指数和<a href=\"https://laohu8.com/S/NDAQ\">纳斯达克</a>周一综合指数连续创下纪录，以上周结束的方式开始了本周。</blockquote></p><p> The record finish comes as investors await semiannual testimony from Federal Reserve Chairman Jerome <a href=\"https://laohu8.com/S/POWL\">Powell</a> beginning Wednesday and a batch of economic reports throughout the week, the unofficial start of corporate quarterly results.</p><p><blockquote>创纪录的收官之际，投资者正在等待美联储主席杰罗姆的半年度证词<a href=\"https://laohu8.com/S/POWL\">鲍威尔</a>从周三开始，一批经济报告贯穿整个星期，企业季度业绩的非正式开始。</blockquote></p><p> <b>How did stock benchmarks end?</b></p><p><blockquote><b>股票基准是如何结束的？</b></blockquote></p><p> <ul>  <li>The Dow Jones Industrial AverageDJIA,+0.36%rose 126.02 points, or 0.4%, to end at a record 34,996.18.</li>  <li>S&amp;P 500 indexSPX,+0.35%added 15.08 points, or 0.4%, closing at a record 4,384.63, after touching an intraday high at 4,386.68.</li>  <li>Nasdaq Composite IndexCOMP,+0.21%advanced 31.32 points, or 0.2%, finishing at a record 14,733.24, after establishing an intraday all-time high at 14,761.08.</li> </ul> On Friday, the Dow and S&amp;P 500 finished the session at record highs, booking weekly gains of about 0.2% and 0.4%, respectively. The Nasdaq Composite finished the week at an all-time high with a 0.4% weekly gain.</p><p><blockquote><ul><li>道琼斯工业平均指数上涨126.02点，涨幅0.4%，收于创纪录的34,996.18点。</li><li>标普500指数SPX,+0.35%上涨15.08点，涨幅0.4%，收于创纪录的4,384.63点，此前触及盘中高点4,386.68点。</li><li>纳斯达克综合指数COMP,+0.21%上涨31.32点，即0.2%，收于创纪录的14,733.24点，此前盘中创下历史新高14,761.08点。</li></ul>周五，道琼斯指数和标普500指数收于历史新高，周涨幅分别约为0.2%和0.4%。纳斯达克综合指数本周收盘创下历史新高，周涨幅为0.4%。</blockquote></p><p> <b>What drove the market?</b></p><p><blockquote><b>是什么推动了市场？</b></blockquote></p><p> Major stock indexes rose to back-to-back closing records on Monday. The advance came ahead of a number of key events that could serve as catalysts later in the week, including the unofficial start of earnings season, which<b><a href=\"https://laohu8.com/S/JPM\">JPMorgan Chase</a> &amp; Co</b>.JPM,+1.43%will kick off Tuesday, Powell’s testimony on Capitol <a href=\"https://laohu8.com/S/HIL\">Hill</a>, and fresh readings on inflation.</p><p><blockquote>周一，主要股指连续上涨至收盘纪录。此次上涨发生在本周晚些时候可能成为催化剂的一些关键事件之前，包括财报季的非正式开始，<b><a href=\"https://laohu8.com/S/JPM\">摩根大通</a>&amp;Co</b>鲍威尔将于周二在国会大厦作证，摩根大通+1.43%<a href=\"https://laohu8.com/S/HIL\">山丘</a>，以及有关通货膨胀的最新读数。</blockquote></p><p> “People are thinking earnings are going to be strong and that may propel the market higher,” said John Carey, director of <a href=\"https://laohu8.com/S/EQR\">Equity</a> Income at Amundi U.S., adding that, for now, earnings have overshadowed uncertainty in <a href=\"https://laohu8.com/S/WASH\">Washington</a> over planned infrastructure spending and potentially higher corporate taxes.</p><p><blockquote>“人们认为盈利将会强劲，这可能会推动市场走高，”<a href=\"https://laohu8.com/S/EQR\">公平</a>Amundi U.S.的收入，并补充说，目前，盈利已经掩盖了<a href=\"https://laohu8.com/S/WASH\">华盛顿州</a>超过计划的基础设施支出和可能更高的公司税。</blockquote></p><p> “Most people seem to be focused on the strength of the economy and the possibility of better earnings to support stock prices, which are definitely at high levels,” Carey told MarketWatch.</p><p><blockquote>凯里对MarketWatch表示：“大多数人似乎都关注经济实力以及更好的盈利来支撑股价的可能性，而股价肯定处于高位。”</blockquote></p><p> Equity markets experienced a bout of turbulence last week before ending with a flourish, prompted partly by a drop in Treasury yields. Lower-bound rates for government debt had raised questions about the outlook for the U.S. economy in the recovery from the pandemic. The spread of the delta variant of COVID-19 has emerged as a concern, but so has the lofty valuations assigned to some segments of the market.</p><p><blockquote>股市上周经历了一轮动荡，随后以繁荣告终，部分原因是美国国债收益率下降。政府债务利率的下调引发了人们对美国经济从疫情复苏的前景的质疑。COVID-19德尔塔变异毒株的蔓延已成为一个令人担忧的问题，但某些细分市场的高估值也是一个令人担忧的问题。</blockquote></p><p> Questions about the Fed’s monetary policy in the face of growing evidence of percolating inflation also have been blamed for some of the rocky trading.</p><p><blockquote>面对越来越多的通胀渗透证据，人们对美联储货币政策的质疑也被指责为部分交易不稳定的原因。</blockquote></p><p> Yields for the 10-yearTMUBMUSD10Y,1.365%edged up less than a basis point to 1.362% on Monday, while the 30-year Treasury yieldsTMUBMUSD30Y,2.000%advanced by 1.2 basis points to 1.993%, near lows last seen in February.</p><p><blockquote>周一，10年期国债收益率MUBMUSD10Y, 1.365%小幅上涨不到一个基点至1.362%，而30年期国债收益率MUBMUSD30Y, 2.000%上涨1.2个基点至1.993%，接近2月份的低点。</blockquote></p><p> Federal Reserve Bank ofNew York President John <a href=\"https://laohu8.com/S/WMB\">Williams</a> told reportersMonday that conditions for scaling back its $120 billion a month bond-buying stimulus program have yet to be met.</p><p><blockquote>纽约联邦储备银行行长约翰<a href=\"https://laohu8.com/S/WMB\">威廉姆斯</a>周一对记者表示，缩减每月1200亿美元债券购买刺激计划的条件尚未满足。</blockquote></p><p> Although inflation and peak growth concerns continue to percolate andworry U.S. households, some strategists said those concerns may be “over-hyped” for markets.</p><p><blockquote>尽管通胀和增长峰值的担忧继续渗透并令美国家庭担忧，但一些策略师表示，这些担忧对市场来说可能被“过度炒作”。</blockquote></p><p> “Both the previous inflation concerns and the current peak growth concerns are likely over-extrapolated reflections of near-term trends that will not persist,” Glenmede’s team led by Jason Pride and Michael Reynolds, wrote in a Monday note.</p><p><blockquote>由杰森·普莱德和迈克尔·雷诺兹领导的格伦梅德团队在周一的一份报告中写道：“之前的通胀担忧和当前的增长峰值担忧都可能是对近期趋势的过度推断，不会持续下去。”</blockquote></p><p> “Markets may remain volatile as they attempt to adjust to the rapidly&nbsp;evolving information flow during the ongoing recovery from the pandemic,” but those factors “should not be disruptive of markets longer term.”</p><p><blockquote>“在从大流行中持续复苏的过程中，市场试图适应快速变化的信息流，可能会保持波动”，但这些因素“不应对市场造成长期破坏”。</blockquote></p><p> <a href=\"https://laohu8.com/S/ISBC\">Investors</a> also have been keeping an eye on delta-driven COVID infections. The U.S. leads the world with a total of 33.85 million COVID cases and in deaths with 607,156. Dr. Anthony Fauci said on Monday thatboosters weren’t needed for now, but duringa Sunday CNN inview said it was “horrifying”to see conservatives cheer for low vaccination rates, blaming “ideological rigidity” for hobbling the fight against the pandemic.</p><p><blockquote><a href=\"https://laohu8.com/S/ISBC\">投资者</a>也一直在关注delta驱动的COVID感染。美国以3385万例COVID病例和607156例死亡位居世界第一。安东尼·福奇博士周一表示，目前不需要加强剂，但周日CNN inview表示，看到保守派为低疫苗接种率欢呼是“令人震惊的”，并指责“意识形态僵化”阻碍了抗击疫情的斗争。</blockquote></p><p> “We have long warned that vaccinations would be unlikely to trigger a smooth transition to normalcy,” Ben May, <a href=\"https://laohu8.com/S/OXM\">Oxford</a> Economics’ director of global macro research wrote Monday.</p><p><blockquote>“我们长期以来一直警告说，疫苗接种不太可能引发向正常状态的平稳过渡，”本·梅说，<a href=\"https://laohu8.com/S/OXM\">牛津大学</a>经济学全球宏观研究总监周一写道。</blockquote></p><p> No key data were on deck Monday ahead of a busy week in economic reports, starting with a reading of consumer prices on Tuesday.</p><p><blockquote>在经济报告繁忙的一周之前，周一没有关键数据公布，首先是周二的消费者价格数据。</blockquote></p><p> Separately, investors also were focused on discussions among finance ministers from the G-20, who are trying to assess the potential implications of a proposal for a global minimum tax.</p><p><blockquote>另外，投资者还关注20国集团财长之间的讨论，他们正试图评估全球最低税提案的潜在影响。</blockquote></p><p></p><p> “We need sustainable sources of revenue that do not rely on further taxing workers’ wages and exacerbating the economic disparities that we are all committed to reducing,” U.S. Treasury Secretary Janet Yellen said in a speech to European Union countries about revamping the corporate tax code internationally.</p><p><blockquote>“我们需要可持续的收入来源，而不是依赖于进一步对工人工资征税和加剧我们都致力于缩小的经济差距，”美国财政部长珍妮特·耶伦在向欧盟国家发表的关于修改国际企业税法的讲话中表示。</blockquote></p><p> “We need to put an end to corporations shifting capital income to low tax jurisdictions, and to accounting gimmicks that allow them to avoid paying their fair share,” she said.</p><p><blockquote>她说：“我们需要制止企业将资本收入转移到低税收管辖区，以及让他们逃避支付公平份额的会计噱头。”</blockquote></p><p> <b>Which companies were in focus?</b></p><p><blockquote><b>哪些公司成为焦点？</b></blockquote></p><p> <ul>  <li><b><a href=\"https://laohu8.com/S/AVGO\">Broadcom</a> Inc</b>.AVGO,+1.16%shares rose 1.2% Monday afterThe Wall Street Journal reportedthe chip and software company was in talks to buy SAS Institute Inc. in a deal that could value the smashup at $15 billion to $20 billion.</li>  <li><b><a href=\"https://laohu8.com/S/AAPL\">Apple</a> Inc</b>.AAPL,-0.42%&nbsp;shares fell 0.4% a day after a Delaware federal judgedismissed a Blix Inc. suit,saying it failed to demonstrate how Apple harmed competition in the mobile operating system market.</li>  <li><b><a href=\"https://laohu8.com/S/LB\">L Brands Inc</a></b>.LB,+4.16%&nbsp;said it’s separating into two publiclytraded businesses next month, with theVictoria’s Secret &amp; Co.‘s underwear unit as “VSCO,” while the Bath &amp; BodyWorks Inc. arm under the “BBWI” ticker, starting Aug. 3.</li>  <li><b><a href=\"https://laohu8.com/S/GME\">GameStop</a>&nbsp;Inc</b>.GME,-1.04%shares shed 1% Monday after Ascendiant Capital Markets lifted its 12-month price target to $25 from $10, but still nowhere near the company’s $189.25 closing price Monday.</li>  <li>Weber, the maker of outdoor grills,has filed to go public, nearly 50 years after it’s iconic dome-like grill was made. Shares are set to&nbsp;trade on the <a href=\"https://laohu8.com/S/NWY\">New York</a> Stock Exchange under the ticker WEBR.</li>  <li>Shares of<b><a href=\"https://laohu8.com/S/SPCE.WS\">Virgin Galactic Holdings Inc</a>.</b>&nbsp;SPCEskid 17.3% Monday, it’s largest daily percent slump since March 16, 2020, a day after founder Richard Branson and five crewmates successfully flew into&nbsp;suborbital space on the company’s VSS <a href=\"https://laohu8.com/S/UNTY\">Unity</a>&nbsp;rocket-powered spaceplane.</li>  <li><b>Couchbase Inc</b>.&nbsp;BASE,&nbsp;a provider of a database for enterprise applications, set terms for its initial public offering on Monday, with plans to offer 7 million shares, priced at $20 to $23 each. The company has applied to list on Nasdaq, under the ticker ‘BASE.’</li>  <li>Shares of<b>Moderna Inc</b>.&nbsp;MRNArose 2.8% Monday after the company said it would supply 20 million doses of its COVID-19 vaccine to Argentina.</li>  <li>Shares of<b><a href=\"https://laohu8.com/S/SWI\">SolarWinds Corp</a>.</b>&nbsp;SWI&nbsp;were 1.8% lower Monday, even after the information technology infrastructure management software company provided an upbeat second-quarter revenue outlook.</li> </ul> <b>How did other assets trade?</b></p><p><blockquote><ul><li><b><a href=\"https://laohu8.com/S/AVGO\">Broadcom</a>Inc</b>.AVGO,+1.16%据《华尔街日报》报道，这家芯片和软件公司正在就收购SAS Institute Inc.进行谈判，这笔交易的估值可能达到150亿至200亿美元，周一股价上涨1.2%。</li><li><b><a href=\"https://laohu8.com/S/AAPL\">苹果</a>Inc</b>特拉华联邦法官驳回了Blix Inc.的诉讼，称该诉讼未能证明苹果如何损害了移动操作系统市场的竞争，该公司股价一天下跌0.4%。</li><li><b><a href=\"https://laohu8.com/S/LB\">L品牌公司</a></b>.LB,+4.16%表示，将于下个月分拆为两家上市公司，维多利亚的秘密(Victoria's Secret&amp;Co.)的内衣部门将更名为“VSCO”，而Bath&amp;BodyWorks Inc.的子公司将更名为“BBWI”，股票代码为“BBWI”，从8月3日开始。</li><li><b><a href=\"https://laohu8.com/S/GME\">游戏驿站</a>Inc</b>.GME,-1.04%周一，Ascendiant Capital Markets将其12个月目标价从10美元上调至25美元，但仍远未接近该公司周一189.25美元的收盘价。</li><li>户外烤架制造商韦伯(Weber)已申请上市，距其标志性的圆顶状烤架问世已近50年。股票将于<a href=\"https://laohu8.com/S/NWY\">纽约</a>证券交易所，股票代码为WEBR。</li><li>本公司之股份<b><a href=\"https://laohu8.com/S/SPCE.WS\">维珍银河控股公司</a>.</b>SPCEskid周一下跌17.3%，这是自2020年3月16日以来的最大单日跌幅，此前一天创始人理查德·布兰森(Richard Branson)和五名机组人员乘坐该公司的VSS成功飞入亚轨道空间<a href=\"https://laohu8.com/S/UNTY\">团结</a>火箭动力太空飞机。</li><li><b>沙发基地公司</b>企业应用数据库提供商.BASE周一设定了首次公开募股的条款，计划发行700万股，每股定价20至23美元。该公司已申请在纳斯达克上市，股票代码为“BASE”。</li><li>本公司之股份<b>现代公司</b>.MRNA周一上涨2.8%，此前该公司表示将向阿根廷供应2000万剂COVID-19疫苗。</li><li>本公司之股份<b><a href=\"https://laohu8.com/S/SWI\">SolarWinds公司</a>.</b>尽管这家信息技术基础设施管理软件公司提供了乐观的第二季度收入前景，SWI周一仍下跌1.8%。</li></ul><b>其他资产是如何交易的？</b></blockquote></p><p> <ul>  <li>The ICE U.S. Dollar Index&nbsp;DXY,&nbsp;a measure of the currency against six major rivals, was up 0.1%.</li>  <li>Oil futures closed lower Monday, with the U.S. benchmark&nbsp;CL00&nbsp;CL.1,-0.51%down 0.6% settling at $74.10 a barrel. Gold&nbsp;GC00&nbsp;settled 0.3% lower at $1,805.90 an ounce.</li>  <li>In European equities, the Stoxx Europe 600&nbsp;SXXP&nbsp;closed 0.7% higher, while London’s <a href=\"https://laohu8.com/S/.100.UK\">FTSE 100</a>&nbsp;UKX&nbsp;finished up 0.05% on Monday.</li>  <li>In <a href=\"https://laohu8.com/S/00662\">Asia</a>, the Shanghai Composite&nbsp;SHCOMP&nbsp;gained 0.7%, Hong Kong’s Hang Seng Index&nbsp;HSI&nbsp;rose 0.6% on the session and Japan’s Nikkei 225&nbsp;NIK&nbsp;rallied 2.3% on Monday.</li> </ul></p><p><blockquote><ul><li>衡量美元兑六个主要竞争对手的ICE美元指数DXY上涨0.1%。</li><li>石油期货周一收盘走低，美国基准Cl 00 Cl.1,-0.51%下跌0.6%，收于每桶74.10美元。黄金GC 00收跌0.3%，报每盎司1805.90美元。</li><li>欧洲股市方面，斯托克欧洲600指数收盘上涨0.7%，而伦敦股市收盘上涨0.7%<a href=\"https://laohu8.com/S/.100.UK\">富时100</a>UKX周一收盘上涨0.05%。</li><li>在<a href=\"https://laohu8.com/S/00662\">亚洲</a>周一，上证综指上涨0.7%，恒生指数恒生指数上涨0.6%，日经225指数上涨2.3%。</li></ul></blockquote></p><p></p>\n<div class=\"bt-text\">\n\n\n<p> 来源：<a href=\"https://www.marketwatch.com/story/dow-set-for-pullback-from-records-tech-stocks-seen-buoyant-as-investors-await-earnings-powell-and-fresh-inflation-data-11626089989?mod=hp_LATEST\">MarketWatch</a></p>\n<p>为提升您的阅读体验，我们对本页面进行了排版优化</p>\n\n\n</div>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".SPX":"S&P 500 Index",".DJI":"道琼斯","SPY":"标普500ETF",".IXIC":"NASDAQ Composite"},"source_url":"https://www.marketwatch.com/story/dow-set-for-pullback-from-records-tech-stocks-seen-buoyant-as-investors-await-earnings-powell-and-fresh-inflation-data-11626089989?mod=hp_LATEST","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1119839711","content_text":"Dow ends just shy of 35,000 milestone.\n\nThe Dow Jones Industrial Average, S&P 500 index and Nasdaq Composite on Monday advanced to back-to-back record finishes, starting the week the way the ended last week.\nThe record finish comes as investors await semiannual testimony from Federal Reserve Chairman Jerome Powell beginning Wednesday and a batch of economic reports throughout the week, the unofficial start of corporate quarterly results.\nHow did stock benchmarks end?\n\nThe Dow Jones Industrial AverageDJIA,+0.36%rose 126.02 points, or 0.4%, to end at a record 34,996.18.\nS&P 500 indexSPX,+0.35%added 15.08 points, or 0.4%, closing at a record 4,384.63, after touching an intraday high at 4,386.68.\nNasdaq Composite IndexCOMP,+0.21%advanced 31.32 points, or 0.2%, finishing at a record 14,733.24, after establishing an intraday all-time high at 14,761.08.\n\nOn Friday, the Dow and S&P 500 finished the session at record highs, booking weekly gains of about 0.2% and 0.4%, respectively. The Nasdaq Composite finished the week at an all-time high with a 0.4% weekly gain.\nWhat drove the market?\nMajor stock indexes rose to back-to-back closing records on Monday. The advance came ahead of a number of key events that could serve as catalysts later in the week, including the unofficial start of earnings season, whichJPMorgan Chase & Co.JPM,+1.43%will kick off Tuesday, Powell’s testimony on Capitol Hill, and fresh readings on inflation.\n“People are thinking earnings are going to be strong and that may propel the market higher,” said John Carey, director of Equity Income at Amundi U.S., adding that, for now, earnings have overshadowed uncertainty in Washington over planned infrastructure spending and potentially higher corporate taxes.\n“Most people seem to be focused on the strength of the economy and the possibility of better earnings to support stock prices, which are definitely at high levels,” Carey told MarketWatch.\nEquity markets experienced a bout of turbulence last week before ending with a flourish, prompted partly by a drop in Treasury yields. Lower-bound rates for government debt had raised questions about the outlook for the U.S. economy in the recovery from the pandemic. The spread of the delta variant of COVID-19 has emerged as a concern, but so has the lofty valuations assigned to some segments of the market.\nQuestions about the Fed’s monetary policy in the face of growing evidence of percolating inflation also have been blamed for some of the rocky trading.\nYields for the 10-yearTMUBMUSD10Y,1.365%edged up less than a basis point to 1.362% on Monday, while the 30-year Treasury yieldsTMUBMUSD30Y,2.000%advanced by 1.2 basis points to 1.993%, near lows last seen in February.\nFederal Reserve Bank ofNew York President John Williams told reportersMonday that conditions for scaling back its $120 billion a month bond-buying stimulus program have yet to be met.\nAlthough inflation and peak growth concerns continue to percolate andworry U.S. households, some strategists said those concerns may be “over-hyped” for markets.\n“Both the previous inflation concerns and the current peak growth concerns are likely over-extrapolated reflections of near-term trends that will not persist,” Glenmede’s team led by Jason Pride and Michael Reynolds, wrote in a Monday note.\n“Markets may remain volatile as they attempt to adjust to the rapidly evolving information flow during the ongoing recovery from the pandemic,” but those factors “should not be disruptive of markets longer term.”\nInvestors also have been keeping an eye on delta-driven COVID infections. The U.S. leads the world with a total of 33.85 million COVID cases and in deaths with 607,156. Dr. Anthony Fauci said on Monday thatboosters weren’t needed for now, but duringa Sunday CNN inview said it was “horrifying”to see conservatives cheer for low vaccination rates, blaming “ideological rigidity” for hobbling the fight against the pandemic.\n“We have long warned that vaccinations would be unlikely to trigger a smooth transition to normalcy,” Ben May, Oxford Economics’ director of global macro research wrote Monday.\nNo key data were on deck Monday ahead of a busy week in economic reports, starting with a reading of consumer prices on Tuesday.\nSeparately, investors also were focused on discussions among finance ministers from the G-20, who are trying to assess the potential implications of a proposal for a global minimum tax.\n“We need sustainable sources of revenue that do not rely on further taxing workers’ wages and exacerbating the economic disparities that we are all committed to reducing,” U.S. Treasury Secretary Janet Yellen said in a speech to European Union countries about revamping the corporate tax code internationally.\n“We need to put an end to corporations shifting capital income to low tax jurisdictions, and to accounting gimmicks that allow them to avoid paying their fair share,” she said.\nWhich companies were in focus?\n\nBroadcom Inc.AVGO,+1.16%shares rose 1.2% Monday afterThe Wall Street Journal reportedthe chip and software company was in talks to buy SAS Institute Inc. in a deal that could value the smashup at $15 billion to $20 billion.\nApple Inc.AAPL,-0.42% shares fell 0.4% a day after a Delaware federal judgedismissed a Blix Inc. suit,saying it failed to demonstrate how Apple harmed competition in the mobile operating system market.\nL Brands Inc.LB,+4.16% said it’s separating into two publiclytraded businesses next month, with theVictoria’s Secret & Co.‘s underwear unit as “VSCO,” while the Bath & BodyWorks Inc. arm under the “BBWI” ticker, starting Aug. 3.\nGameStop Inc.GME,-1.04%shares shed 1% Monday after Ascendiant Capital Markets lifted its 12-month price target to $25 from $10, but still nowhere near the company’s $189.25 closing price Monday.\nWeber, the maker of outdoor grills,has filed to go public, nearly 50 years after it’s iconic dome-like grill was made. Shares are set to trade on the New York Stock Exchange under the ticker WEBR.\nShares ofVirgin Galactic Holdings Inc. SPCEskid 17.3% Monday, it’s largest daily percent slump since March 16, 2020, a day after founder Richard Branson and five crewmates successfully flew into suborbital space on the company’s VSS Unity rocket-powered spaceplane.\nCouchbase Inc. BASE, a provider of a database for enterprise applications, set terms for its initial public offering on Monday, with plans to offer 7 million shares, priced at $20 to $23 each. The company has applied to list on Nasdaq, under the ticker ‘BASE.’\nShares ofModerna Inc. MRNArose 2.8% Monday after the company said it would supply 20 million doses of its COVID-19 vaccine to Argentina.\nShares ofSolarWinds Corp. SWI were 1.8% lower Monday, even after the information technology infrastructure management software company provided an upbeat second-quarter revenue outlook.\n\nHow did other assets trade?\n\nThe ICE U.S. Dollar Index DXY, a measure of the currency against six major rivals, was up 0.1%.\nOil futures closed lower Monday, with the U.S. benchmark CL00 CL.1,-0.51%down 0.6% settling at $74.10 a barrel. Gold GC00 settled 0.3% lower at $1,805.90 an ounce.\nIn European equities, the Stoxx Europe 600 SXXP closed 0.7% higher, while London’s FTSE 100 UKX finished up 0.05% on Monday.\nIn Asia, the Shanghai Composite SHCOMP gained 0.7%, Hong Kong’s Hang Seng Index HSI rose 0.6% on the session and Japan’s Nikkei 225 NIK rallied 2.3% on Monday.","news_type":1,"symbols_score_info":{".IXIC":0.9,".DJI":0.9,"SPY":0.9,".SPX":0.9}},"isVote":1,"tweetType":1,"viewCount":640,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"lives":[]}