Santa hasn’t forgotten Wall Street but beware 2022’s ‘landmines’_老虎社区_美港股上老虎

Santa hasn’t forgotten Wall Street but beware 2022’s ‘landmines’

finance.yahoo2021-12-23

The rally's intact, but for how much longer is anyone's guess The Santa Claus Rally hasn’t been derailed after all. The North Pole’s jolliest resident — battling his way through the Omicron surge, a ...

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We can’t completely rule out another down day like the one we saw earlier this week, when rising Omicron infections (andWest Virginia’s decidedly maverick senator) were enough to ignite new fears about the economy.\nAt least for the moment, however, the bull case remains intact, even with the latest COVID-19 mutation adding a new dimension to a raging public health crisis, and threatening vulnerable sectors like travel, leisure and dining.\n“We’ve been saying that this is definitely a buy the dip sort of market because we expect more earnings upgrades to come,” Anik Sen, PineBridge Investments’ global head of equities told Yahoo Finance Live on Wednesday. “We think that the real debate should be about the length and strength of the economic cycle ahead.”\nOf course, Omicron is throwing cold water on some of Wall Street’s conventional wisdom, and 2022 is more than likely to see a deceleration in growth. Yet talk of a full-fledged downturn is “premature” at best, according to Michael Sheldon of RDM Financial.\n“We’re in year two of the current economic expansion... over the last several decades, economic expansions typically tend to last a number of years,” Sheldon told Yahoo Finance Live.\nSo in other words, investors should never doubt the U.S. economy’s ability to continue defying gravity in the face of bad news — a lesson most of us should have learned since the brutal yet mercifully brief bear market of 2020.\nYet over at Wisdom Tree, investing gurus Kevin Flanagan and Jeff Weniger have warned that beneath the placid surface of Wall Street’s benchmarks, “real carnage” is taking place that may hold clues about what the future holds once investors are clear of the holidays.\n“Since November 8, small caps are down across the board, with the Russell 2000 growth cohort off about 13%, owing to nearly four-tenths of its stocks operating in the red,” Flanagan and Weniger wrote in a research note, despite strength among tech giants like Apple, Microsoft and Tesla — though the latter has been hammered by CEO Elon Musk’s capricious stock sale.\nTesla’s precipitous slide from $1,200 per share “is disconcerting, and almost entirely related (we think) to the prospect of higher interest rates messing up the discounted cash flow math on Elon Musk’s concept company.”\nEnter a Fed that has found religion on relentless inflationary pressures, with Fed Chairman Jerome Powell all but certain to embark on the central bank’s first rate-hike campaign in over two years.\nThe market is bracing for anywhere between one and three rate hikes, and an end to massive bond purchases that have created “the biggest bubble out there,”Pantera Capital CEO Dan Morehead told Yahoo Finance this week.\nBut how a witches brew of tighter monetary policy, potentially slowing growth, and a still raging pandemic will go down with investors is anyone’s guess.\n“Should Powell become more aggressive in his nascent inflation fight, the market’s action over the last six weeks may indicate the location of 2022’s landmines,” WisdomTree’s Flanagan and Weniger added.\nAnd on that note, Merry Christmas to all, and to all a good night!","kind":"news","is_publish_news":true,"is_publish_highlight":true,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":false,"code":"91000000","status":"200"},"commentList":[{"id":698068194,"gmtCreate":1640264437405,"gmtModify":1640264437405,"author":{"id":"3557700781666328","authorId":"3557700781666328","name":"Yeeshen","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"crmLevel":12,"crmLevelSwitch":0,"authorIdStr":"3557700781666328","idStr":"3557700781666328"},"htmlText":"Okk","listText":"Okk","text":"Okk","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/698068194","repostId":1126080938,"repostType":4,"repost":{"id":"1126080938","kind":"news","pubTimestamp":1640257032,"share":"https://www.laohu8.com/m/news/1126080938?lang=zh_CN&edition=full","pubTime":"2021-12-23 18:57","market":"us","language":"en","title":"Santa hasn’t forgotten Wall Street but beware 2022’s ‘landmines’<blockquote>圣诞老人没有忘记华尔街，但要小心2022年的“地雷”</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1126080938","media":"finance.yahoo","summary":"The rally's intact, but for how much longer is anyone's guess\nThe Santa Claus Rally hasn’t been dera","content":"The rally's intact, but for how much longer is anyone's guess<blockquote>反弹完好无损，但谁也说不准会持续多久</blockquote> The Santa Claus Rally hasn’t been derailed after all.<blockquote>圣诞老人集会终究没有脱轨。</blockquote> The North Pole’s jolliest resident — battling his way through the Omicron surge, a hawkish Federal Reserve, weaker consumer spending and the apparent demise of President Biden’s signature domestic legislation that was all but certain to boost growth and inflation — has made his annual pilgrimage to Wall Street, in spite of the odds.<blockquote>北极最快乐的居民——在奥密克戎激增、鹰派美联储、消费者支出疲软以及拜登总统签署的几乎肯定会提振增长和通胀的国内立法的明显消亡中苦苦挣扎——已经开始了一年一度的朝圣之旅。华尔街，尽管困难重重。</blockquote> Only days ago,the traditional year-end surge in stocks&nbsp;appeared to be in doubt, with markets disquieted by new developments in the COVID-19 pandemic.But Wednesday’s price action, along with confidence data that reflected a&nbsp;nervous yet still resilient consumer,was enough to suggest Old Saint Nick was ready to end the year on a high note.<blockquote>就在几天前，传统的年底股市飙升似乎受到质疑，市场对COVID-19大流行的新进展感到不安。但周三的价格走势，以及反映消费者紧张但仍有弹性的信心数据，足以表明老圣尼克已准备好以高调结束这一年。</blockquote> There’s still just over a week left in 2021, and anything can happen between now and December 31. We can’t completely rule out another down day like the one we saw earlier this week, when rising Omicron infections (andWest Virginia’s decidedly maverick senator) were enough to ignite new fears about the economy.<blockquote>2021年还有一周多的时间，从现在到12月31日，任何事情都可能发生。我们不能完全排除另一个像本周早些时候那样的低迷日，当时奥密克戎感染人数的上升（以及西弗吉尼亚州明显特立独行的参议员）足以引发对经济的新担忧。</blockquote> At least for the moment, however, the bull case remains intact, even with the latest COVID-19 mutation adding a&nbsp;new dimension to a raging public health crisis, and threatening vulnerable sectors like travel, leisure and dining.<blockquote>然而，至少目前，牛市的情况仍然完好无损，即使最新的COVID-19突变为肆虐的公共卫生危机增添了新的层面，并威胁到旅游、休闲和餐饮等脆弱行业。</blockquote> “We’ve been saying that this is definitely a buy the dip sort of market because we expect more earnings upgrades to come,” Anik Sen, PineBridge Investments’ global head of equities told Yahoo Finance Live on Wednesday. “We think that the real debate should be about the length and strength of the economic cycle ahead.”<blockquote>PineBridge Investments全球股票主管阿尼克·森(Anik Sen)周三对雅虎财经直播表示：“我们一直在说，这绝对是一个逢低买入的市场，因为我们预计将出现更多盈利上调。”“我们认为真正的争论应该是关于未来经济周期的长度和强度。”</blockquote> Of course, Omicron is throwing cold water on some of Wall Street’s conventional wisdom, and 2022 is more than likely to see a deceleration in growth. Yet talk of a full-fledged downturn is “premature” at best, according to Michael Sheldon of RDM Financial.<blockquote>当然，奥密克戎正在给华尔街的一些传统观点泼冷水，2022年华尔街的增长很可能会放缓。然而，RDM Financial的迈克尔·谢尔登(Michael Sheldon)表示，谈论全面经济衰退充其量还“为时过早”。</blockquote> “We’re in year two of the current economic expansion... over the last several decades, economic expansions typically tend to last a number of years,” Sheldon told Yahoo Finance Live.<blockquote>“我们正处于当前经济扩张的第二年……在过去的几十年里，经济扩张通常会持续数年，”谢尔登告诉雅虎财经直播。</blockquote> So in other words, investors should never doubt the U.S. economy’s ability to continue defying gravity in the face of bad news — a lesson most of us should have learned since the brutal yet mercifully brief bear market of 2020.<blockquote>因此，换句话说，投资者永远不应该怀疑美国经济在面对坏消息时继续对抗地心引力的能力——这是我们大多数人自2020年残酷但幸运的短暂熊市以来应该吸取的教训。</blockquote> Yet over at Wisdom Tree, investing gurus Kevin Flanagan and Jeff Weniger have warned that beneath the placid surface of Wall Street’s benchmarks, “real carnage” is taking place that may hold clues about what the future holds once investors are clear of the holidays.<blockquote>然而，在智慧树，投资大师凯文·弗拉纳根（Kevin Flanagan）和杰夫·韦尼格（Jeff Weniger）警告说，在华尔街基准平静的表面之下，“真正的大屠杀”正在发生，一旦投资者摆脱假期，这可能会为未来提供线索。</blockquote> “Since November 8, small caps are down across the board, with the Russell 2000 growth cohort off about 13%, owing to nearly four-tenths of its stocks operating in the red,” Flanagan and Weniger wrote in a research note, despite strength among tech giants like Apple, Microsoft and Tesla — though the latter has been hammered by CEO Elon Musk’s capricious stock sale.<blockquote>Flanagan和Weniger在一份研究报告中写道：“自11月8日以来，小盘股全面下跌，Russell 2000成长股下跌了约13%，原因是近十分之四的股票出现亏损。”苹果、微软和特斯拉等科技巨头的实力——尽管后者受到了首席执行官Elon Musk反复无常的股票出售的打击。</blockquote> Tesla’s precipitous slide from $1,200 per share “is disconcerting, and almost entirely related (we think) to the prospect of higher interest rates messing up the discounted cash flow math on Elon Musk’s concept company.”<blockquote>特斯拉股价从每股1,200美元急剧下滑“令人不安，而且（我们认为）几乎完全与利率上升的前景有关，这扰乱了Elon Musk概念公司的贴现现金流数学。”</blockquote> Enter a Fed that has found religion on relentless inflationary pressures, with Fed Chairman Jerome Powell all but certain to embark on the central bank’s first rate-hike campaign in over two years.<blockquote>美联储已经对无情的通胀压力深信不疑，美联储主席杰罗姆·鲍威尔几乎肯定会发起两年多来的首次加息行动。</blockquote> The market is bracing for anywhere between one and three rate hikes, and an end to massive bond purchases that have created “the biggest bubble out there,”Pantera Capital CEO Dan Morehead told Yahoo Finance this week.<blockquote>潘迪拉资本(Pantera Capital)首席执行官丹·莫尔黑德(Dan Morehead)本周对雅虎财经(Yahoo Finance)表示，市场正准备迎接一到三次加息，并结束造成“最大泡沫”的大规模债券购买。</blockquote> But how a witches brew of tighter monetary policy, potentially slowing growth, and a still raging pandemic will go down with investors is anyone’s guess.<blockquote>但谁也不知道投资者会如何看待紧缩货币政策、潜在的增长放缓和仍在肆虐的疫情。</blockquote> “Should Powell become more aggressive in his nascent inflation fight, the market’s action over the last six weeks may indicate the location of 2022’s landmines,” WisdomTree’s Flanagan and Weniger added.<blockquote>WisdomTree的Flanagan和Weniger补充道：“如果鲍威尔在新生的通胀斗争中变得更加积极，市场在过去六周的行动可能会表明2022年地雷的位置。”</blockquote> And on that note, Merry Christmas to all, and to all a good night!<blockquote>在这一点上，祝大家圣诞快乐，祝大家晚安！</blockquote>","source":"lsy1612507957220","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>Santa hasn’t forgotten Wall Street but beware 2022’s ‘landmines’<blockquote>圣诞老人没有忘记华尔街，但要小心2022年的“地雷”</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\">\nSanta hasn’t forgotten Wall Street but beware 2022’s ‘landmines’<blockquote>圣诞老人没有忘记华尔街，但要小心2022年的“地雷”</blockquote>\n</h2>\n<h4 class=\"meta\">\n\nfinance.yahoo2021-12-23 18:57\n\n</h4>\n</header>\n<article>\nThe rally's intact, but for how much longer is anyone's guess<blockquote>反弹完好无损，但谁也说不准会持续多久</blockquote> The Santa Claus Rally hasn’t been derailed after all.<blockquote>圣诞老人集会终究没有脱轨。</blockquote> The North Pole’s jolliest resident — battling his way through the Omicron surge, a hawkish Federal Reserve, weaker consumer spending and the apparent demise of President Biden’s signature domestic legislation that was all but certain to boost growth and inflation — has made his annual pilgrimage to Wall Street, in spite of the odds.<blockquote>北极最快乐的居民——在奥密克戎激增、鹰派美联储、消费者支出疲软以及拜登总统签署的几乎肯定会提振增长和通胀的国内立法的明显消亡中苦苦挣扎——已经开始了一年一度的朝圣之旅。华尔街，尽管困难重重。</blockquote> Only days ago,the traditional year-end surge in stocks&nbsp;appeared to be in doubt, with markets disquieted by new developments in the COVID-19 pandemic.But Wednesday’s price action, along with confidence data that reflected a&nbsp;nervous yet still resilient consumer,was enough to suggest Old Saint Nick was ready to end the year on a high note.<blockquote>就在几天前，传统的年底股市飙升似乎受到质疑，市场对COVID-19大流行的新进展感到不安。但周三的价格走势，以及反映消费者紧张但仍有弹性的信心数据，足以表明老圣尼克已准备好以高调结束这一年。</blockquote> There’s still just over a week left in 2021, and anything can happen between now and December 31. We can’t completely rule out another down day like the one we saw earlier this week, when rising Omicron infections (andWest Virginia’s decidedly maverick senator) were enough to ignite new fears about the economy.<blockquote>2021年还有一周多的时间，从现在到12月31日，任何事情都可能发生。我们不能完全排除另一个像本周早些时候那样的低迷日，当时奥密克戎感染人数的上升（以及西弗吉尼亚州明显特立独行的参议员）足以引发对经济的新担忧。</blockquote> At least for the moment, however, the bull case remains intact, even with the latest COVID-19 mutation adding a&nbsp;new dimension to a raging public health crisis, and threatening vulnerable sectors like travel, leisure and dining.<blockquote>然而，至少目前，牛市的情况仍然完好无损，即使最新的COVID-19突变为肆虐的公共卫生危机增添了新的层面，并威胁到旅游、休闲和餐饮等脆弱行业。</blockquote> “We’ve been saying that this is definitely a buy the dip sort of market because we expect more earnings upgrades to come,” Anik Sen, PineBridge Investments’ global head of equities told Yahoo Finance Live on Wednesday. “We think that the real debate should be about the length and strength of the economic cycle ahead.”<blockquote>PineBridge Investments全球股票主管阿尼克·森(Anik Sen)周三对雅虎财经直播表示：“我们一直在说，这绝对是一个逢低买入的市场，因为我们预计将出现更多盈利上调。”“我们认为真正的争论应该是关于未来经济周期的长度和强度。”</blockquote> Of course, Omicron is throwing cold water on some of Wall Street’s conventional wisdom, and 2022 is more than likely to see a deceleration in growth. Yet talk of a full-fledged downturn is “premature” at best, according to Michael Sheldon of RDM Financial.<blockquote>当然，奥密克戎正在给华尔街的一些传统观点泼冷水，2022年华尔街的增长很可能会放缓。然而，RDM Financial的迈克尔·谢尔登(Michael Sheldon)表示，谈论全面经济衰退充其量还“为时过早”。</blockquote> “We’re in year two of the current economic expansion... over the last several decades, economic expansions typically tend to last a number of years,” Sheldon told Yahoo Finance Live.<blockquote>“我们正处于当前经济扩张的第二年……在过去的几十年里，经济扩张通常会持续数年，”谢尔登告诉雅虎财经直播。</blockquote> So in other words, investors should never doubt the U.S. economy’s ability to continue defying gravity in the face of bad news — a lesson most of us should have learned since the brutal yet mercifully brief bear market of 2020.<blockquote>因此，换句话说，投资者永远不应该怀疑美国经济在面对坏消息时继续对抗地心引力的能力——这是我们大多数人自2020年残酷但幸运的短暂熊市以来应该吸取的教训。</blockquote> Yet over at Wisdom Tree, investing gurus Kevin Flanagan and Jeff Weniger have warned that beneath the placid surface of Wall Street’s benchmarks, “real carnage” is taking place that may hold clues about what the future holds once investors are clear of the holidays.<blockquote>然而，在智慧树，投资大师凯文·弗拉纳根（Kevin Flanagan）和杰夫·韦尼格（Jeff Weniger）警告说，在华尔街基准平静的表面之下，“真正的大屠杀”正在发生，一旦投资者摆脱假期，这可能会为未来提供线索。</blockquote> “Since November 8, small caps are down across the board, with the Russell 2000 growth cohort off about 13%, owing to nearly four-tenths of its stocks operating in the red,” Flanagan and Weniger wrote in a research note, despite strength among tech giants like Apple, Microsoft and Tesla — though the latter has been hammered by CEO Elon Musk’s capricious stock sale.<blockquote>Flanagan和Weniger在一份研究报告中写道：“自11月8日以来，小盘股全面下跌，Russell 2000成长股下跌了约13%，原因是近十分之四的股票出现亏损。”苹果、微软和特斯拉等科技巨头的实力——尽管后者受到了首席执行官Elon Musk反复无常的股票出售的打击。</blockquote> Tesla’s precipitous slide from $1,200 per share “is disconcerting, and almost entirely related (we think) to the prospect of higher interest rates messing up the discounted cash flow math on Elon Musk’s concept company.”<blockquote>特斯拉股价从每股1,200美元急剧下滑“令人不安，而且（我们认为）几乎完全与利率上升的前景有关，这扰乱了Elon Musk概念公司的贴现现金流数学。”</blockquote> Enter a Fed that has found religion on relentless inflationary pressures, with Fed Chairman Jerome Powell all but certain to embark on the central bank’s first rate-hike campaign in over two years.<blockquote>美联储已经对无情的通胀压力深信不疑，美联储主席杰罗姆·鲍威尔几乎肯定会发起两年多来的首次加息行动。</blockquote> The market is bracing for anywhere between one and three rate hikes, and an end to massive bond purchases that have created “the biggest bubble out there,”Pantera Capital CEO Dan Morehead told Yahoo Finance this week.<blockquote>潘迪拉资本(Pantera Capital)首席执行官丹·莫尔黑德(Dan Morehead)本周对雅虎财经(Yahoo Finance)表示，市场正准备迎接一到三次加息，并结束造成“最大泡沫”的大规模债券购买。</blockquote> But how a witches brew of tighter monetary policy, potentially slowing growth, and a still raging pandemic will go down with investors is anyone’s guess.<blockquote>但谁也不知道投资者会如何看待紧缩货币政策、潜在的增长放缓和仍在肆虐的疫情。</blockquote> “Should Powell become more aggressive in his nascent inflation fight, the market’s action over the last six weeks may indicate the location of 2022’s landmines,” WisdomTree’s Flanagan and Weniger added.<blockquote>WisdomTree的Flanagan和Weniger补充道：“如果鲍威尔在新生的通胀斗争中变得更加积极，市场在过去六周的行动可能会表明2022年地雷的位置。”</blockquote> And on that note, Merry Christmas to all, and to all a good night!<blockquote>在这一点上，祝大家圣诞快乐，祝大家晚安！</blockquote>\n<div class=\"bt-text\">\n\n\n 来源：<a href=\"https://finance.yahoo.com/news/santa-claus-hasnt-forgotten-wall-street-but-beware-2022-s-landmines-morning-brief-101012816.html\">finance.yahoo</a>\n为提升您的阅读体验，我们对本页面进行了排版优化\n\n\n</div>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".DJI":"道琼斯",".IXIC":"NASDAQ Composite",".SPX":"S&P 500 Index"},"source_url":"https://finance.yahoo.com/news/santa-claus-hasnt-forgotten-wall-street-but-beware-2022-s-landmines-morning-brief-101012816.html","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1126080938","content_text":"The rally's intact, but for how much longer is anyone's guess\nThe Santa Claus Rally hasn’t been derailed after all.\nThe North Pole’s jolliest resident — battling his way through the Omicron surge, a hawkish Federal Reserve, weaker consumer spending and the apparent demise of President Biden’s signature domestic legislation that was all but certain to boost growth and inflation — has made his annual pilgrimage to Wall Street, in spite of the odds.\nOnly days ago,the traditional year-end surge in stocks appeared to be in doubt, with markets disquieted by new developments in the COVID-19 pandemic.But Wednesday’s price action, along with confidence data that reflected a nervous yet still resilient consumer,was enough to suggest Old Saint Nick was ready to end the year on a high note.\nThere’s still just over a week left in 2021, and anything can happen between now and December 31. We can’t completely rule out another down day like the one we saw earlier this week, when rising Omicron infections (andWest Virginia’s decidedly maverick senator) were enough to ignite new fears about the economy.\nAt least for the moment, however, the bull case remains intact, even with the latest COVID-19 mutation adding a new dimension to a raging public health crisis, and threatening vulnerable sectors like travel, leisure and dining.\n“We’ve been saying that this is definitely a buy the dip sort of market because we expect more earnings upgrades to come,” Anik Sen, PineBridge Investments’ global head of equities told Yahoo Finance Live on Wednesday. “We think that the real debate should be about the length and strength of the economic cycle ahead.”\nOf course, Omicron is throwing cold water on some of Wall Street’s conventional wisdom, and 2022 is more than likely to see a deceleration in growth. Yet talk of a full-fledged downturn is “premature” at best, according to Michael Sheldon of RDM Financial.\n“We’re in year two of the current economic expansion... over the last several decades, economic expansions typically tend to last a number of years,” Sheldon told Yahoo Finance Live.\nSo in other words, investors should never doubt the U.S. economy’s ability to continue defying gravity in the face of bad news — a lesson most of us should have learned since the brutal yet mercifully brief bear market of 2020.\nYet over at Wisdom Tree, investing gurus Kevin Flanagan and Jeff Weniger have warned that beneath the placid surface of Wall Street’s benchmarks, “real carnage” is taking place that may hold clues about what the future holds once investors are clear of the holidays.\n“Since November 8, small caps are down across the board, with the Russell 2000 growth cohort off about 13%, owing to nearly four-tenths of its stocks operating in the red,” Flanagan and Weniger wrote in a research note, despite strength among tech giants like Apple, Microsoft and Tesla — though the latter has been hammered by CEO Elon Musk’s capricious stock sale.\nTesla’s precipitous slide from $1,200 per share “is disconcerting, and almost entirely related (we think) to the prospect of higher interest rates messing up the discounted cash flow math on Elon Musk’s concept company.”\nEnter a Fed that has found religion on relentless inflationary pressures, with Fed Chairman Jerome Powell all but certain to embark on the central bank’s first rate-hike campaign in over two years.\nThe market is bracing for anywhere between one and three rate hikes, and an end to massive bond purchases that have created “the biggest bubble out there,”Pantera Capital CEO Dan Morehead told Yahoo Finance this week.\nBut how a witches brew of tighter monetary policy, potentially slowing growth, and a still raging pandemic will go down with investors is anyone’s guess.\n“Should Powell become more aggressive in his nascent inflation fight, the market’s action over the last six weeks may indicate the location of 2022’s landmines,” WisdomTree’s Flanagan and Weniger added.\nAnd on that note, Merry Christmas to all, and to all a good night!","news_type":1,"symbols_score_info":{".IXIC":0.9,".DJI":0.9,".SPX":0.9}},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"CN"},{"id":698063381,"gmtCreate":1640263993564,"gmtModify":1640264138436,"author":{"id":"3584333947690568","authorId":"3584333947690568","name":"MrTig3r","avatar":"https://static.tigerbbs.com/b99cfe4b0a492018c40761a39a193aa8","vip":1,"crmLevel":12,"crmLevelSwitch":0,"authorIdStr":"3584333947690568","idStr":"3584333947690568"},"htmlText":"power","listText":"power","text":"power","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/698063381","repostId":1126080938,"repostType":4,"repost":{"id":"1126080938","kind":"news","pubTimestamp":1640257032,"share":"https://www.laohu8.com/m/news/1126080938?lang=zh_CN&edition=full","pubTime":"2021-12-23 18:57","market":"us","language":"en","title":"Santa hasn’t forgotten Wall Street but beware 2022’s ‘landmines’<blockquote>圣诞老人没有忘记华尔街，但要小心2022年的“地雷”</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1126080938","media":"finance.yahoo","summary":"The rally's intact, but for how much longer is anyone's guess\nThe Santa Claus Rally hasn’t been dera","content":"The rally's intact, but for how much longer is anyone's guess<blockquote>反弹完好无损，但谁也说不准会持续多久</blockquote> The Santa Claus Rally hasn’t been derailed after all.<blockquote>圣诞老人集会终究没有脱轨。</blockquote> The North Pole’s jolliest resident — battling his way through the Omicron surge, a hawkish Federal Reserve, weaker consumer spending and the apparent demise of President Biden’s signature domestic legislation that was all but certain to boost growth and inflation — has made his annual pilgrimage to Wall Street, in spite of the odds.<blockquote>北极最快乐的居民——在奥密克戎激增、鹰派美联储、消费者支出疲软以及拜登总统签署的几乎肯定会提振增长和通胀的国内立法的明显消亡中苦苦挣扎——已经开始了一年一度的朝圣之旅。华尔街，尽管困难重重。</blockquote> Only days ago,the traditional year-end surge in stocks&nbsp;appeared to be in doubt, with markets disquieted by new developments in the COVID-19 pandemic.But Wednesday’s price action, along with confidence data that reflected a&nbsp;nervous yet still resilient consumer,was enough to suggest Old Saint Nick was ready to end the year on a high note.<blockquote>就在几天前，传统的年底股市飙升似乎受到质疑，市场对COVID-19大流行的新进展感到不安。但周三的价格走势，以及反映消费者紧张但仍有弹性的信心数据，足以表明老圣尼克已准备好以高调结束这一年。</blockquote> There’s still just over a week left in 2021, and anything can happen between now and December 31. We can’t completely rule out another down day like the one we saw earlier this week, when rising Omicron infections (andWest Virginia’s decidedly maverick senator) were enough to ignite new fears about the economy.<blockquote>2021年还有一周多的时间，从现在到12月31日，任何事情都可能发生。我们不能完全排除另一个像本周早些时候那样的低迷日，当时奥密克戎感染人数的上升（以及西弗吉尼亚州明显特立独行的参议员）足以引发对经济的新担忧。</blockquote> At least for the moment, however, the bull case remains intact, even with the latest COVID-19 mutation adding a&nbsp;new dimension to a raging public health crisis, and threatening vulnerable sectors like travel, leisure and dining.<blockquote>然而，至少目前，牛市的情况仍然完好无损，即使最新的COVID-19突变为肆虐的公共卫生危机增添了新的层面，并威胁到旅游、休闲和餐饮等脆弱行业。</blockquote> “We’ve been saying that this is definitely a buy the dip sort of market because we expect more earnings upgrades to come,” Anik Sen, PineBridge Investments’ global head of equities told Yahoo Finance Live on Wednesday. “We think that the real debate should be about the length and strength of the economic cycle ahead.”<blockquote>PineBridge Investments全球股票主管阿尼克·森(Anik Sen)周三对雅虎财经直播表示：“我们一直在说，这绝对是一个逢低买入的市场，因为我们预计将出现更多盈利上调。”“我们认为真正的争论应该是关于未来经济周期的长度和强度。”</blockquote> Of course, Omicron is throwing cold water on some of Wall Street’s conventional wisdom, and 2022 is more than likely to see a deceleration in growth. Yet talk of a full-fledged downturn is “premature” at best, according to Michael Sheldon of RDM Financial.<blockquote>当然，奥密克戎正在给华尔街的一些传统观点泼冷水，2022年华尔街的增长很可能会放缓。然而，RDM Financial的迈克尔·谢尔登(Michael Sheldon)表示，谈论全面经济衰退充其量还“为时过早”。</blockquote> “We’re in year two of the current economic expansion... over the last several decades, economic expansions typically tend to last a number of years,” Sheldon told Yahoo Finance Live.<blockquote>“我们正处于当前经济扩张的第二年……在过去的几十年里，经济扩张通常会持续数年，”谢尔登告诉雅虎财经直播。</blockquote> So in other words, investors should never doubt the U.S. economy’s ability to continue defying gravity in the face of bad news — a lesson most of us should have learned since the brutal yet mercifully brief bear market of 2020.<blockquote>因此，换句话说，投资者永远不应该怀疑美国经济在面对坏消息时继续对抗地心引力的能力——这是我们大多数人自2020年残酷但幸运的短暂熊市以来应该吸取的教训。</blockquote> Yet over at Wisdom Tree, investing gurus Kevin Flanagan and Jeff Weniger have warned that beneath the placid surface of Wall Street’s benchmarks, “real carnage” is taking place that may hold clues about what the future holds once investors are clear of the holidays.<blockquote>然而，在智慧树，投资大师凯文·弗拉纳根（Kevin Flanagan）和杰夫·韦尼格（Jeff Weniger）警告说，在华尔街基准平静的表面之下，“真正的大屠杀”正在发生，一旦投资者摆脱假期，这可能会为未来提供线索。</blockquote> “Since November 8, small caps are down across the board, with the Russell 2000 growth cohort off about 13%, owing to nearly four-tenths of its stocks operating in the red,” Flanagan and Weniger wrote in a research note, despite strength among tech giants like Apple, Microsoft and Tesla — though the latter has been hammered by CEO Elon Musk’s capricious stock sale.<blockquote>Flanagan和Weniger在一份研究报告中写道：“自11月8日以来，小盘股全面下跌，Russell 2000成长股下跌了约13%，原因是近十分之四的股票出现亏损。”苹果、微软和特斯拉等科技巨头的实力——尽管后者受到了首席执行官Elon Musk反复无常的股票出售的打击。</blockquote> Tesla’s precipitous slide from $1,200 per share “is disconcerting, and almost entirely related (we think) to the prospect of higher interest rates messing up the discounted cash flow math on Elon Musk’s concept company.”<blockquote>特斯拉股价从每股1,200美元急剧下滑“令人不安，而且（我们认为）几乎完全与利率上升的前景有关，这扰乱了Elon Musk概念公司的贴现现金流数学。”</blockquote> Enter a Fed that has found religion on relentless inflationary pressures, with Fed Chairman Jerome Powell all but certain to embark on the central bank’s first rate-hike campaign in over two years.<blockquote>美联储已经对无情的通胀压力深信不疑，美联储主席杰罗姆·鲍威尔几乎肯定会发起两年多来的首次加息行动。</blockquote> The market is bracing for anywhere between one and three rate hikes, and an end to massive bond purchases that have created “the biggest bubble out there,”Pantera Capital CEO Dan Morehead told Yahoo Finance this week.<blockquote>潘迪拉资本(Pantera Capital)首席执行官丹·莫尔黑德(Dan Morehead)本周对雅虎财经(Yahoo Finance)表示，市场正准备迎接一到三次加息，并结束造成“最大泡沫”的大规模债券购买。</blockquote> But how a witches brew of tighter monetary policy, potentially slowing growth, and a still raging pandemic will go down with investors is anyone’s guess.<blockquote>但谁也不知道投资者会如何看待紧缩货币政策、潜在的增长放缓和仍在肆虐的疫情。</blockquote> “Should Powell become more aggressive in his nascent inflation fight, the market’s action over the last six weeks may indicate the location of 2022’s landmines,” WisdomTree’s Flanagan and Weniger added.<blockquote>WisdomTree的Flanagan和Weniger补充道：“如果鲍威尔在新生的通胀斗争中变得更加积极，市场在过去六周的行动可能会表明2022年地雷的位置。”</blockquote> And on that note, Merry Christmas to all, and to all a good night!<blockquote>在这一点上，祝大家圣诞快乐，祝大家晚安！</blockquote>","source":"lsy1612507957220","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\">\nSanta hasn’t forgotten Wall Street but beware 2022’s ‘landmines’<blockquote>圣诞老人没有忘记华尔街，但要小心2022年的“地雷”</blockquote>\n</h2>\n<h4 class=\"meta\">\n\nfinance.yahoo2021-12-23 18:57\n\n</h4>\n</header>\n<article>\nThe rally's intact, but for how much longer is anyone's guess<blockquote>反弹完好无损，但谁也说不准会持续多久</blockquote> The Santa Claus Rally hasn’t been derailed after all.<blockquote>圣诞老人集会终究没有脱轨。</blockquote> The North Pole’s jolliest resident — battling his way through the Omicron surge, a hawkish Federal Reserve, weaker consumer spending and the apparent demise of President Biden’s signature domestic legislation that was all but certain to boost growth and inflation — has made his annual pilgrimage to Wall Street, in spite of the odds.<blockquote>北极最快乐的居民——在奥密克戎激增、鹰派美联储、消费者支出疲软以及拜登总统签署的几乎肯定会提振增长和通胀的国内立法的明显消亡中苦苦挣扎——已经开始了一年一度的朝圣之旅。华尔街，尽管困难重重。</blockquote> Only days ago,the traditional year-end surge in stocks&nbsp;appeared to be in doubt, with markets disquieted by new developments in the COVID-19 pandemic.But Wednesday’s price action, along with confidence data that reflected a&nbsp;nervous yet still resilient consumer,was enough to suggest Old Saint Nick was ready to end the year on a high note.<blockquote>就在几天前，传统的年底股市飙升似乎受到质疑，市场对COVID-19大流行的新进展感到不安。但周三的价格走势，以及反映消费者紧张但仍有弹性的信心数据，足以表明老圣尼克已准备好以高调结束这一年。</blockquote> There’s still just over a week left in 2021, and anything can happen between now and December 31. We can’t completely rule out another down day like the one we saw earlier this week, when rising Omicron infections (andWest Virginia’s decidedly maverick senator) were enough to ignite new fears about the economy.<blockquote>2021年还有一周多的时间，从现在到12月31日，任何事情都可能发生。我们不能完全排除另一个像本周早些时候那样的低迷日，当时奥密克戎感染人数的上升（以及西弗吉尼亚州明显特立独行的参议员）足以引发对经济的新担忧。</blockquote> At least for the moment, however, the bull case remains intact, even with the latest COVID-19 mutation adding a&nbsp;new dimension to a raging public health crisis, and threatening vulnerable sectors like travel, leisure and dining.<blockquote>然而，至少目前，牛市的情况仍然完好无损，即使最新的COVID-19突变为肆虐的公共卫生危机增添了新的层面，并威胁到旅游、休闲和餐饮等脆弱行业。</blockquote> “We’ve been saying that this is definitely a buy the dip sort of market because we expect more earnings upgrades to come,” Anik Sen, PineBridge Investments’ global head of equities told Yahoo Finance Live on Wednesday. “We think that the real debate should be about the length and strength of the economic cycle ahead.”<blockquote>PineBridge Investments全球股票主管阿尼克·森(Anik Sen)周三对雅虎财经直播表示：“我们一直在说，这绝对是一个逢低买入的市场，因为我们预计将出现更多盈利上调。”“我们认为真正的争论应该是关于未来经济周期的长度和强度。”</blockquote> Of course, Omicron is throwing cold water on some of Wall Street’s conventional wisdom, and 2022 is more than likely to see a deceleration in growth. Yet talk of a full-fledged downturn is “premature” at best, according to Michael Sheldon of RDM Financial.<blockquote>当然，奥密克戎正在给华尔街的一些传统观点泼冷水，2022年华尔街的增长很可能会放缓。然而，RDM Financial的迈克尔·谢尔登(Michael Sheldon)表示，谈论全面经济衰退充其量还“为时过早”。</blockquote> “We’re in year two of the current economic expansion... over the last several decades, economic expansions typically tend to last a number of years,” Sheldon told Yahoo Finance Live.<blockquote>“我们正处于当前经济扩张的第二年……在过去的几十年里，经济扩张通常会持续数年，”谢尔登告诉雅虎财经直播。</blockquote> So in other words, investors should never doubt the U.S. economy’s ability to continue defying gravity in the face of bad news — a lesson most of us should have learned since the brutal yet mercifully brief bear market of 2020.<blockquote>因此，换句话说，投资者永远不应该怀疑美国经济在面对坏消息时继续对抗地心引力的能力——这是我们大多数人自2020年残酷但幸运的短暂熊市以来应该吸取的教训。</blockquote> Yet over at Wisdom Tree, investing gurus Kevin Flanagan and Jeff Weniger have warned that beneath the placid surface of Wall Street’s benchmarks, “real carnage” is taking place that may hold clues about what the future holds once investors are clear of the holidays.<blockquote>然而，在智慧树，投资大师凯文·弗拉纳根（Kevin Flanagan）和杰夫·韦尼格（Jeff Weniger）警告说，在华尔街基准平静的表面之下，“真正的大屠杀”正在发生，一旦投资者摆脱假期，这可能会为未来提供线索。</blockquote> “Since November 8, small caps are down across the board, with the Russell 2000 growth cohort off about 13%, owing to nearly four-tenths of its stocks operating in the red,” Flanagan and Weniger wrote in a research note, despite strength among tech giants like Apple, Microsoft and Tesla — though the latter has been hammered by CEO Elon Musk’s capricious stock sale.<blockquote>Flanagan和Weniger在一份研究报告中写道：“自11月8日以来，小盘股全面下跌，Russell 2000成长股下跌了约13%，原因是近十分之四的股票出现亏损。”苹果、微软和特斯拉等科技巨头的实力——尽管后者受到了首席执行官Elon Musk反复无常的股票出售的打击。</blockquote> Tesla’s precipitous slide from $1,200 per share “is disconcerting, and almost entirely related (we think) to the prospect of higher interest rates messing up the discounted cash flow math on Elon Musk’s concept company.”<blockquote>特斯拉股价从每股1,200美元急剧下滑“令人不安，而且（我们认为）几乎完全与利率上升的前景有关，这扰乱了Elon Musk概念公司的贴现现金流数学。”</blockquote> Enter a Fed that has found religion on relentless inflationary pressures, with Fed Chairman Jerome Powell all but certain to embark on the central bank’s first rate-hike campaign in over two years.<blockquote>美联储已经对无情的通胀压力深信不疑，美联储主席杰罗姆·鲍威尔几乎肯定会发起两年多来的首次加息行动。</blockquote> The market is bracing for anywhere between one and three rate hikes, and an end to massive bond purchases that have created “the biggest bubble out there,”Pantera Capital CEO Dan Morehead told Yahoo Finance this week.<blockquote>潘迪拉资本(Pantera Capital)首席执行官丹·莫尔黑德(Dan Morehead)本周对雅虎财经(Yahoo Finance)表示，市场正准备迎接一到三次加息，并结束造成“最大泡沫”的大规模债券购买。</blockquote> But how a witches brew of tighter monetary policy, potentially slowing growth, and a still raging pandemic will go down with investors is anyone’s guess.<blockquote>但谁也不知道投资者会如何看待紧缩货币政策、潜在的增长放缓和仍在肆虐的疫情。</blockquote> “Should Powell become more aggressive in his nascent inflation fight, the market’s action over the last six weeks may indicate the location of 2022’s landmines,” WisdomTree’s Flanagan and Weniger added.<blockquote>WisdomTree的Flanagan和Weniger补充道：“如果鲍威尔在新生的通胀斗争中变得更加积极，市场在过去六周的行动可能会表明2022年地雷的位置。”</blockquote> And on that note, Merry Christmas to all, and to all a good night!<blockquote>在这一点上，祝大家圣诞快乐，祝大家晚安！</blockquote>\n<div class=\"bt-text\">\n\n\n 来源：<a href=\"https://finance.yahoo.com/news/santa-claus-hasnt-forgotten-wall-street-but-beware-2022-s-landmines-morning-brief-101012816.html\">finance.yahoo</a>\n为提升您的阅读体验，我们对本页面进行了排版优化\n\n\n</div>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".DJI":"道琼斯",".IXIC":"NASDAQ Composite",".SPX":"S&P 500 Index"},"source_url":"https://finance.yahoo.com/news/santa-claus-hasnt-forgotten-wall-street-but-beware-2022-s-landmines-morning-brief-101012816.html","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1126080938","content_text":"The rally's intact, but for how much longer is anyone's guess\nThe Santa Claus Rally hasn’t been derailed after all.\nThe North Pole’s jolliest resident — battling his way through the Omicron surge, a hawkish Federal Reserve, weaker consumer spending and the apparent demise of President Biden’s signature domestic legislation that was all but certain to boost growth and inflation — has made his annual pilgrimage to Wall Street, in spite of the odds.\nOnly days ago,the traditional year-end surge in stocks appeared to be in doubt, with markets disquieted by new developments in the COVID-19 pandemic.But Wednesday’s price action, along with confidence data that reflected a nervous yet still resilient consumer,was enough to suggest Old Saint Nick was ready to end the year on a high note.\nThere’s still just over a week left in 2021, and anything can happen between now and December 31. We can’t completely rule out another down day like the one we saw earlier this week, when rising Omicron infections (andWest Virginia’s decidedly maverick senator) were enough to ignite new fears about the economy.\nAt least for the moment, however, the bull case remains intact, even with the latest COVID-19 mutation adding a new dimension to a raging public health crisis, and threatening vulnerable sectors like travel, leisure and dining.\n“We’ve been saying that this is definitely a buy the dip sort of market because we expect more earnings upgrades to come,” Anik Sen, PineBridge Investments’ global head of equities told Yahoo Finance Live on Wednesday. “We think that the real debate should be about the length and strength of the economic cycle ahead.”\nOf course, Omicron is throwing cold water on some of Wall Street’s conventional wisdom, and 2022 is more than likely to see a deceleration in growth. Yet talk of a full-fledged downturn is “premature” at best, according to Michael Sheldon of RDM Financial.\n“We’re in year two of the current economic expansion... over the last several decades, economic expansions typically tend to last a number of years,” Sheldon told Yahoo Finance Live.\nSo in other words, investors should never doubt the U.S. economy’s ability to continue defying gravity in the face of bad news — a lesson most of us should have learned since the brutal yet mercifully brief bear market of 2020.\nYet over at Wisdom Tree, investing gurus Kevin Flanagan and Jeff Weniger have warned that beneath the placid surface of Wall Street’s benchmarks, “real carnage” is taking place that may hold clues about what the future holds once investors are clear of the holidays.\n“Since November 8, small caps are down across the board, with the Russell 2000 growth cohort off about 13%, owing to nearly four-tenths of its stocks operating in the red,” Flanagan and Weniger wrote in a research note, despite strength among tech giants like Apple, Microsoft and Tesla — though the latter has been hammered by CEO Elon Musk’s capricious stock sale.\nTesla’s precipitous slide from $1,200 per share “is disconcerting, and almost entirely related (we think) to the prospect of higher interest rates messing up the discounted cash flow math on Elon Musk’s concept company.”\nEnter a Fed that has found religion on relentless inflationary pressures, with Fed Chairman Jerome Powell all but certain to embark on the central bank’s first rate-hike campaign in over two years.\nThe market is bracing for anywhere between one and three rate hikes, and an end to massive bond purchases that have created “the biggest bubble out there,”Pantera Capital CEO Dan Morehead told Yahoo Finance this week.\nBut how a witches brew of tighter monetary policy, potentially slowing growth, and a still raging pandemic will go down with investors is anyone’s guess.\n“Should Powell become more aggressive in his nascent inflation fight, the market’s action over the last six weeks may indicate the location of 2022’s landmines,” WisdomTree’s Flanagan and Weniger added.\nAnd on that note, Merry Christmas to all, and to all a good night!","news_type":1,"symbols_score_info":{".IXIC":0.9,".DJI":0.9,".SPX":0.9}},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":7090092,"gmtCreate":1640264507426,"gmtModify":1640264507461,"authorId":3574823700698255,"author":{"id":3574823700698255,"idStr":"3574823700698255","authorId":3574823700698255,"name":"starry123","avatar":"https://static.tigerbbs.com/87d54ddf9f429d363c691c937e6c97a4","vip":1,"crmLevel":12,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":698063381,"type":1,"supId":0,"prevId":0,"content":"o","text":"o","html":"o"}],"langContent":"CN"},{"id":698088005,"gmtCreate":1640262192342,"gmtModify":1640262201355,"author":{"id":"3575016656391852","authorId":"3575016656391852","name":"moonlightbae","avatar":"https://static.tigerbbs.com/9e8bead30ce122327046cb50ca725a77","vip":1,"crmLevel":11,"crmLevelSwitch":0,"authorIdStr":"3575016656391852","idStr":"3575016656391852"},"htmlText":"$$$","listText":"$$$","text":"$$$","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/698088005","repostId":1126080938,"repostType":4,"repost":{"id":"1126080938","kind":"news","pubTimestamp":1640257032,"share":"https://www.laohu8.com/m/news/1126080938?lang=zh_CN&edition=full","pubTime":"2021-12-23 18:57","market":"us","language":"en","title":"Santa hasn’t forgotten Wall Street but beware 2022’s ‘landmines’<blockquote>圣诞老人没有忘记华尔街，但要小心2022年的“地雷”</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1126080938","media":"finance.yahoo","summary":"The rally's intact, but for how much longer is anyone's guess\nThe Santa Claus Rally hasn’t been dera","content":"The rally's intact, but for how much longer is anyone's guess<blockquote>反弹完好无损，但谁也说不准会持续多久</blockquote> The Santa Claus Rally hasn’t been derailed after all.<blockquote>圣诞老人集会终究没有脱轨。</blockquote> The North Pole’s jolliest resident — battling his way through the Omicron surge, a hawkish Federal Reserve, weaker consumer spending and the apparent demise of President Biden’s signature domestic legislation that was all but certain to boost growth and inflation — has made his annual pilgrimage to Wall Street, in spite of the odds.<blockquote>北极最快乐的居民——在奥密克戎激增、鹰派美联储、消费者支出疲软以及拜登总统签署的几乎肯定会提振增长和通胀的国内立法的明显消亡中苦苦挣扎——已经开始了一年一度的朝圣之旅。华尔街，尽管困难重重。</blockquote> Only days ago,the traditional year-end surge in stocks&nbsp;appeared to be in doubt, with markets disquieted by new developments in the COVID-19 pandemic.But Wednesday’s price action, along with confidence data that reflected a&nbsp;nervous yet still resilient consumer,was enough to suggest Old Saint Nick was ready to end the year on a high note.<blockquote>就在几天前，传统的年底股市飙升似乎受到质疑，市场对COVID-19大流行的新进展感到不安。但周三的价格走势，以及反映消费者紧张但仍有弹性的信心数据，足以表明老圣尼克已准备好以高调结束这一年。</blockquote> There’s still just over a week left in 2021, and anything can happen between now and December 31. We can’t completely rule out another down day like the one we saw earlier this week, when rising Omicron infections (andWest Virginia’s decidedly maverick senator) were enough to ignite new fears about the economy.<blockquote>2021年还有一周多的时间，从现在到12月31日，任何事情都可能发生。我们不能完全排除另一个像本周早些时候那样的低迷日，当时奥密克戎感染人数的上升（以及西弗吉尼亚州明显特立独行的参议员）足以引发对经济的新担忧。</blockquote> At least for the moment, however, the bull case remains intact, even with the latest COVID-19 mutation adding a&nbsp;new dimension to a raging public health crisis, and threatening vulnerable sectors like travel, leisure and dining.<blockquote>然而，至少目前，牛市的情况仍然完好无损，即使最新的COVID-19突变为肆虐的公共卫生危机增添了新的层面，并威胁到旅游、休闲和餐饮等脆弱行业。</blockquote> “We’ve been saying that this is definitely a buy the dip sort of market because we expect more earnings upgrades to come,” Anik Sen, PineBridge Investments’ global head of equities told Yahoo Finance Live on Wednesday. “We think that the real debate should be about the length and strength of the economic cycle ahead.”<blockquote>PineBridge Investments全球股票主管阿尼克·森(Anik Sen)周三对雅虎财经直播表示：“我们一直在说，这绝对是一个逢低买入的市场，因为我们预计将出现更多盈利上调。”“我们认为真正的争论应该是关于未来经济周期的长度和强度。”</blockquote> Of course, Omicron is throwing cold water on some of Wall Street’s conventional wisdom, and 2022 is more than likely to see a deceleration in growth. Yet talk of a full-fledged downturn is “premature” at best, according to Michael Sheldon of RDM Financial.<blockquote>当然，奥密克戎正在给华尔街的一些传统观点泼冷水，2022年华尔街的增长很可能会放缓。然而，RDM Financial的迈克尔·谢尔登(Michael Sheldon)表示，谈论全面经济衰退充其量还“为时过早”。</blockquote> “We’re in year two of the current economic expansion... over the last several decades, economic expansions typically tend to last a number of years,” Sheldon told Yahoo Finance Live.<blockquote>“我们正处于当前经济扩张的第二年……在过去的几十年里，经济扩张通常会持续数年，”谢尔登告诉雅虎财经直播。</blockquote> So in other words, investors should never doubt the U.S. economy’s ability to continue defying gravity in the face of bad news — a lesson most of us should have learned since the brutal yet mercifully brief bear market of 2020.<blockquote>因此，换句话说，投资者永远不应该怀疑美国经济在面对坏消息时继续对抗地心引力的能力——这是我们大多数人自2020年残酷但幸运的短暂熊市以来应该吸取的教训。</blockquote> Yet over at Wisdom Tree, investing gurus Kevin Flanagan and Jeff Weniger have warned that beneath the placid surface of Wall Street’s benchmarks, “real carnage” is taking place that may hold clues about what the future holds once investors are clear of the holidays.<blockquote>然而，在智慧树，投资大师凯文·弗拉纳根（Kevin Flanagan）和杰夫·韦尼格（Jeff Weniger）警告说，在华尔街基准平静的表面之下，“真正的大屠杀”正在发生，一旦投资者摆脱假期，这可能会为未来提供线索。</blockquote> “Since November 8, small caps are down across the board, with the Russell 2000 growth cohort off about 13%, owing to nearly four-tenths of its stocks operating in the red,” Flanagan and Weniger wrote in a research note, despite strength among tech giants like Apple, Microsoft and Tesla — though the latter has been hammered by CEO Elon Musk’s capricious stock sale.<blockquote>Flanagan和Weniger在一份研究报告中写道：“自11月8日以来，小盘股全面下跌，Russell 2000成长股下跌了约13%，原因是近十分之四的股票出现亏损。”苹果、微软和特斯拉等科技巨头的实力——尽管后者受到了首席执行官Elon Musk反复无常的股票出售的打击。</blockquote> Tesla’s precipitous slide from $1,200 per share “is disconcerting, and almost entirely related (we think) to the prospect of higher interest rates messing up the discounted cash flow math on Elon Musk’s concept company.”<blockquote>特斯拉股价从每股1,200美元急剧下滑“令人不安，而且（我们认为）几乎完全与利率上升的前景有关，这扰乱了Elon Musk概念公司的贴现现金流数学。”</blockquote> Enter a Fed that has found religion on relentless inflationary pressures, with Fed Chairman Jerome Powell all but certain to embark on the central bank’s first rate-hike campaign in over two years.<blockquote>美联储已经对无情的通胀压力深信不疑，美联储主席杰罗姆·鲍威尔几乎肯定会发起两年多来的首次加息行动。</blockquote> The market is bracing for anywhere between one and three rate hikes, and an end to massive bond purchases that have created “the biggest bubble out there,”Pantera Capital CEO Dan Morehead told Yahoo Finance this week.<blockquote>潘迪拉资本(Pantera Capital)首席执行官丹·莫尔黑德(Dan Morehead)本周对雅虎财经(Yahoo Finance)表示，市场正准备迎接一到三次加息，并结束造成“最大泡沫”的大规模债券购买。</blockquote> But how a witches brew of tighter monetary policy, potentially slowing growth, and a still raging pandemic will go down with investors is anyone’s guess.<blockquote>但谁也不知道投资者会如何看待紧缩货币政策、潜在的增长放缓和仍在肆虐的疫情。</blockquote> “Should Powell become more aggressive in his nascent inflation fight, the market’s action over the last six weeks may indicate the location of 2022’s landmines,” WisdomTree’s Flanagan and Weniger added.<blockquote>WisdomTree的Flanagan和Weniger补充道：“如果鲍威尔在新生的通胀斗争中变得更加积极，市场在过去六周的行动可能会表明2022年地雷的位置。”</blockquote> And on that note, Merry Christmas to all, and to all a good night!<blockquote>在这一点上，祝大家圣诞快乐，祝大家晚安！</blockquote>","source":"lsy1612507957220","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>Santa hasn’t forgotten Wall Street but beware 2022’s ‘landmines’<blockquote>圣诞老人没有忘记华尔街，但要小心2022年的“地雷”</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\">\nSanta hasn’t forgotten Wall Street but beware 2022’s ‘landmines’<blockquote>圣诞老人没有忘记华尔街，但要小心2022年的“地雷”</blockquote>\n</h2>\n<h4 class=\"meta\">\n\nfinance.yahoo2021-12-23 18:57\n\n</h4>\n</header>\n<article>\nThe rally's intact, but for how much longer is anyone's guess<blockquote>反弹完好无损，但谁也说不准会持续多久</blockquote> The Santa Claus Rally hasn’t been derailed after all.<blockquote>圣诞老人集会终究没有脱轨。</blockquote> The North Pole’s jolliest resident — battling his way through the Omicron surge, a hawkish Federal Reserve, weaker consumer spending and the apparent demise of President Biden’s signature domestic legislation that was all but certain to boost growth and inflation — has made his annual pilgrimage to Wall Street, in spite of the odds.<blockquote>北极最快乐的居民——在奥密克戎激增、鹰派美联储、消费者支出疲软以及拜登总统签署的几乎肯定会提振增长和通胀的国内立法的明显消亡中苦苦挣扎——已经开始了一年一度的朝圣之旅。华尔街，尽管困难重重。</blockquote> Only days ago,the traditional year-end surge in stocks&nbsp;appeared to be in doubt, with markets disquieted by new developments in the COVID-19 pandemic.But Wednesday’s price action, along with confidence data that reflected a&nbsp;nervous yet still resilient consumer,was enough to suggest Old Saint Nick was ready to end the year on a high note.<blockquote>就在几天前，传统的年底股市飙升似乎受到质疑，市场对COVID-19大流行的新进展感到不安。但周三的价格走势，以及反映消费者紧张但仍有弹性的信心数据，足以表明老圣尼克已准备好以高调结束这一年。</blockquote> There’s still just over a week left in 2021, and anything can happen between now and December 31. We can’t completely rule out another down day like the one we saw earlier this week, when rising Omicron infections (andWest Virginia’s decidedly maverick senator) were enough to ignite new fears about the economy.<blockquote>2021年还有一周多的时间，从现在到12月31日，任何事情都可能发生。我们不能完全排除另一个像本周早些时候那样的低迷日，当时奥密克戎感染人数的上升（以及西弗吉尼亚州明显特立独行的参议员）足以引发对经济的新担忧。</blockquote> At least for the moment, however, the bull case remains intact, even with the latest COVID-19 mutation adding a&nbsp;new dimension to a raging public health crisis, and threatening vulnerable sectors like travel, leisure and dining.<blockquote>然而，至少目前，牛市的情况仍然完好无损，即使最新的COVID-19突变为肆虐的公共卫生危机增添了新的层面，并威胁到旅游、休闲和餐饮等脆弱行业。</blockquote> “We’ve been saying that this is definitely a buy the dip sort of market because we expect more earnings upgrades to come,” Anik Sen, PineBridge Investments’ global head of equities told Yahoo Finance Live on Wednesday. “We think that the real debate should be about the length and strength of the economic cycle ahead.”<blockquote>PineBridge Investments全球股票主管阿尼克·森(Anik Sen)周三对雅虎财经直播表示：“我们一直在说，这绝对是一个逢低买入的市场，因为我们预计将出现更多盈利上调。”“我们认为真正的争论应该是关于未来经济周期的长度和强度。”</blockquote> Of course, Omicron is throwing cold water on some of Wall Street’s conventional wisdom, and 2022 is more than likely to see a deceleration in growth. Yet talk of a full-fledged downturn is “premature” at best, according to Michael Sheldon of RDM Financial.<blockquote>当然，奥密克戎正在给华尔街的一些传统观点泼冷水，2022年华尔街的增长很可能会放缓。然而，RDM Financial的迈克尔·谢尔登(Michael Sheldon)表示，谈论全面经济衰退充其量还“为时过早”。</blockquote> “We’re in year two of the current economic expansion... over the last several decades, economic expansions typically tend to last a number of years,” Sheldon told Yahoo Finance Live.<blockquote>“我们正处于当前经济扩张的第二年……在过去的几十年里，经济扩张通常会持续数年，”谢尔登告诉雅虎财经直播。</blockquote> So in other words, investors should never doubt the U.S. economy’s ability to continue defying gravity in the face of bad news — a lesson most of us should have learned since the brutal yet mercifully brief bear market of 2020.<blockquote>因此，换句话说，投资者永远不应该怀疑美国经济在面对坏消息时继续对抗地心引力的能力——这是我们大多数人自2020年残酷但幸运的短暂熊市以来应该吸取的教训。</blockquote> Yet over at Wisdom Tree, investing gurus Kevin Flanagan and Jeff Weniger have warned that beneath the placid surface of Wall Street’s benchmarks, “real carnage” is taking place that may hold clues about what the future holds once investors are clear of the holidays.<blockquote>然而，在智慧树，投资大师凯文·弗拉纳根（Kevin Flanagan）和杰夫·韦尼格（Jeff Weniger）警告说，在华尔街基准平静的表面之下，“真正的大屠杀”正在发生，一旦投资者摆脱假期，这可能会为未来提供线索。</blockquote> “Since November 8, small caps are down across the board, with the Russell 2000 growth cohort off about 13%, owing to nearly four-tenths of its stocks operating in the red,” Flanagan and Weniger wrote in a research note, despite strength among tech giants like Apple, Microsoft and Tesla — though the latter has been hammered by CEO Elon Musk’s capricious stock sale.<blockquote>Flanagan和Weniger在一份研究报告中写道：“自11月8日以来，小盘股全面下跌，Russell 2000成长股下跌了约13%，原因是近十分之四的股票出现亏损。”苹果、微软和特斯拉等科技巨头的实力——尽管后者受到了首席执行官Elon Musk反复无常的股票出售的打击。</blockquote> Tesla’s precipitous slide from $1,200 per share “is disconcerting, and almost entirely related (we think) to the prospect of higher interest rates messing up the discounted cash flow math on Elon Musk’s concept company.”<blockquote>特斯拉股价从每股1,200美元急剧下滑“令人不安，而且（我们认为）几乎完全与利率上升的前景有关，这扰乱了Elon Musk概念公司的贴现现金流数学。”</blockquote> Enter a Fed that has found religion on relentless inflationary pressures, with Fed Chairman Jerome Powell all but certain to embark on the central bank’s first rate-hike campaign in over two years.<blockquote>美联储已经对无情的通胀压力深信不疑，美联储主席杰罗姆·鲍威尔几乎肯定会发起两年多来的首次加息行动。</blockquote> The market is bracing for anywhere between one and three rate hikes, and an end to massive bond purchases that have created “the biggest bubble out there,”Pantera Capital CEO Dan Morehead told Yahoo Finance this week.<blockquote>潘迪拉资本(Pantera Capital)首席执行官丹·莫尔黑德(Dan Morehead)本周对雅虎财经(Yahoo Finance)表示，市场正准备迎接一到三次加息，并结束造成“最大泡沫”的大规模债券购买。</blockquote> But how a witches brew of tighter monetary policy, potentially slowing growth, and a still raging pandemic will go down with investors is anyone’s guess.<blockquote>但谁也不知道投资者会如何看待紧缩货币政策、潜在的增长放缓和仍在肆虐的疫情。</blockquote> “Should Powell become more aggressive in his nascent inflation fight, the market’s action over the last six weeks may indicate the location of 2022’s landmines,” WisdomTree’s Flanagan and Weniger added.<blockquote>WisdomTree的Flanagan和Weniger补充道：“如果鲍威尔在新生的通胀斗争中变得更加积极，市场在过去六周的行动可能会表明2022年地雷的位置。”</blockquote> And on that note, Merry Christmas to all, and to all a good night!<blockquote>在这一点上，祝大家圣诞快乐，祝大家晚安！</blockquote>\n<div class=\"bt-text\">\n\n\n 来源：<a href=\"https://finance.yahoo.com/news/santa-claus-hasnt-forgotten-wall-street-but-beware-2022-s-landmines-morning-brief-101012816.html\">finance.yahoo</a>\n为提升您的阅读体验，我们对本页面进行了排版优化\n\n\n</div>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".DJI":"道琼斯",".IXIC":"NASDAQ Composite",".SPX":"S&P 500 Index"},"source_url":"https://finance.yahoo.com/news/santa-claus-hasnt-forgotten-wall-street-but-beware-2022-s-landmines-morning-brief-101012816.html","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1126080938","content_text":"The rally's intact, but for how much longer is anyone's guess\nThe Santa Claus Rally hasn’t been derailed after all.\nThe North Pole’s jolliest resident — battling his way through the Omicron surge, a hawkish Federal Reserve, weaker consumer spending and the apparent demise of President Biden’s signature domestic legislation that was all but certain to boost growth and inflation — has made his annual pilgrimage to Wall Street, in spite of the odds.\nOnly days ago,the traditional year-end surge in stocks appeared to be in doubt, with markets disquieted by new developments in the COVID-19 pandemic.But Wednesday’s price action, along with confidence data that reflected a nervous yet still resilient consumer,was enough to suggest Old Saint Nick was ready to end the year on a high note.\nThere’s still just over a week left in 2021, and anything can happen between now and December 31. We can’t completely rule out another down day like the one we saw earlier this week, when rising Omicron infections (andWest Virginia’s decidedly maverick senator) were enough to ignite new fears about the economy.\nAt least for the moment, however, the bull case remains intact, even with the latest COVID-19 mutation adding a new dimension to a raging public health crisis, and threatening vulnerable sectors like travel, leisure and dining.\n“We’ve been saying that this is definitely a buy the dip sort of market because we expect more earnings upgrades to come,” Anik Sen, PineBridge Investments’ global head of equities told Yahoo Finance Live on Wednesday. “We think that the real debate should be about the length and strength of the economic cycle ahead.”\nOf course, Omicron is throwing cold water on some of Wall Street’s conventional wisdom, and 2022 is more than likely to see a deceleration in growth. Yet talk of a full-fledged downturn is “premature” at best, according to Michael Sheldon of RDM Financial.\n“We’re in year two of the current economic expansion... over the last several decades, economic expansions typically tend to last a number of years,” Sheldon told Yahoo Finance Live.\nSo in other words, investors should never doubt the U.S. economy’s ability to continue defying gravity in the face of bad news — a lesson most of us should have learned since the brutal yet mercifully brief bear market of 2020.\nYet over at Wisdom Tree, investing gurus Kevin Flanagan and Jeff Weniger have warned that beneath the placid surface of Wall Street’s benchmarks, “real carnage” is taking place that may hold clues about what the future holds once investors are clear of the holidays.\n“Since November 8, small caps are down across the board, with the Russell 2000 growth cohort off about 13%, owing to nearly four-tenths of its stocks operating in the red,” Flanagan and Weniger wrote in a research note, despite strength among tech giants like Apple, Microsoft and Tesla — though the latter has been hammered by CEO Elon Musk’s capricious stock sale.\nTesla’s precipitous slide from $1,200 per share “is disconcerting, and almost entirely related (we think) to the prospect of higher interest rates messing up the discounted cash flow math on Elon Musk’s concept company.”\nEnter a Fed that has found religion on relentless inflationary pressures, with Fed Chairman Jerome Powell all but certain to embark on the central bank’s first rate-hike campaign in over two years.\nThe market is bracing for anywhere between one and three rate hikes, and an end to massive bond purchases that have created “the biggest bubble out there,”Pantera Capital CEO Dan Morehead told Yahoo Finance this week.\nBut how a witches brew of tighter monetary policy, potentially slowing growth, and a still raging pandemic will go down with investors is anyone’s guess.\n“Should Powell become more aggressive in his nascent inflation fight, the market’s action over the last six weeks may indicate the location of 2022’s landmines,” WisdomTree’s Flanagan and Weniger added.\nAnd on that note, Merry Christmas to all, and to all a good night!","news_type":1,"symbols_score_info":{".IXIC":0.9,".DJI":0.9,".SPX":0.9}},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":7090012,"gmtCreate":1640264001022,"gmtModify":1640264001054,"authorId":3584333947690568,"author":{"id":3584333947690568,"idStr":"3584333947690568","authorId":3584333947690568,"name":"MrTig3r","avatar":"https://static.tigerbbs.com/b99cfe4b0a492018c40761a39a193aa8","vip":1,"crmLevel":12,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":698088005,"type":1,"supId":0,"prevId":0,"content":"power","text":"power","html":"power"}],"langContent":"CN"},{"id":698080501,"gmtCreate":1640261746557,"gmtModify":1640261746732,"author":{"id":"3583254142926957","authorId":"3583254142926957","name":"shuzyst","avatar":"https://static.tigerbbs.com/d55e499e6f73f06b22563034a4ad6b0b","vip":1,"crmLevel":11,"crmLevelSwitch":0,"authorIdStr":"3583254142926957","idStr":"3583254142926957"},"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/698080501","repostId":1126080938,"repostType":4,"repost":{"id":"1126080938","kind":"news","pubTimestamp":1640257032,"share":"https://www.laohu8.com/m/news/1126080938?lang=zh_CN&edition=full","pubTime":"2021-12-23 18:57","market":"us","language":"en","title":"Santa hasn’t forgotten Wall Street but beware 2022’s ‘landmines’<blockquote>圣诞老人没有忘记华尔街，但要小心2022年的“地雷”</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1126080938","media":"finance.yahoo","summary":"The rally's intact, but for how much longer is anyone's guess\nThe Santa Claus Rally hasn’t been dera","content":"The rally's intact, but for how much longer is anyone's guess<blockquote>反弹完好无损，但谁也说不准会持续多久</blockquote> The Santa Claus Rally hasn’t been derailed after all.<blockquote>圣诞老人集会终究没有脱轨。</blockquote> The North Pole’s jolliest resident — battling his way through the Omicron surge, a hawkish Federal Reserve, weaker consumer spending and the apparent demise of President Biden’s signature domestic legislation that was all but certain to boost growth and inflation — has made his annual pilgrimage to Wall Street, in spite of the odds.<blockquote>北极最快乐的居民——在奥密克戎激增、鹰派美联储、消费者支出疲软以及拜登总统签署的几乎肯定会提振增长和通胀的国内立法的明显消亡中苦苦挣扎——已经开始了一年一度的朝圣之旅。华尔街，尽管困难重重。</blockquote> Only days ago,the traditional year-end surge in stocks&nbsp;appeared to be in doubt, with markets disquieted by new developments in the COVID-19 pandemic.But Wednesday’s price action, along with confidence data that reflected a&nbsp;nervous yet still resilient consumer,was enough to suggest Old Saint Nick was ready to end the year on a high note.<blockquote>就在几天前，传统的年底股市飙升似乎受到质疑，市场对COVID-19大流行的新进展感到不安。但周三的价格走势，以及反映消费者紧张但仍有弹性的信心数据，足以表明老圣尼克已准备好以高调结束这一年。</blockquote> There’s still just over a week left in 2021, and anything can happen between now and December 31. We can’t completely rule out another down day like the one we saw earlier this week, when rising Omicron infections (andWest Virginia’s decidedly maverick senator) were enough to ignite new fears about the economy.<blockquote>2021年还有一周多的时间，从现在到12月31日，任何事情都可能发生。我们不能完全排除另一个像本周早些时候那样的低迷日，当时奥密克戎感染人数的上升（以及西弗吉尼亚州明显特立独行的参议员）足以引发对经济的新担忧。</blockquote> At least for the moment, however, the bull case remains intact, even with the latest COVID-19 mutation adding a&nbsp;new dimension to a raging public health crisis, and threatening vulnerable sectors like travel, leisure and dining.<blockquote>然而，至少目前，牛市的情况仍然完好无损，即使最新的COVID-19突变为肆虐的公共卫生危机增添了新的层面，并威胁到旅游、休闲和餐饮等脆弱行业。</blockquote> “We’ve been saying that this is definitely a buy the dip sort of market because we expect more earnings upgrades to come,” Anik Sen, PineBridge Investments’ global head of equities told Yahoo Finance Live on Wednesday. “We think that the real debate should be about the length and strength of the economic cycle ahead.”<blockquote>PineBridge Investments全球股票主管阿尼克·森(Anik Sen)周三对雅虎财经直播表示：“我们一直在说，这绝对是一个逢低买入的市场，因为我们预计将出现更多盈利上调。”“我们认为真正的争论应该是关于未来经济周期的长度和强度。”</blockquote> Of course, Omicron is throwing cold water on some of Wall Street’s conventional wisdom, and 2022 is more than likely to see a deceleration in growth. Yet talk of a full-fledged downturn is “premature” at best, according to Michael Sheldon of RDM Financial.<blockquote>当然，奥密克戎正在给华尔街的一些传统观点泼冷水，2022年华尔街的增长很可能会放缓。然而，RDM Financial的迈克尔·谢尔登(Michael Sheldon)表示，谈论全面经济衰退充其量还“为时过早”。</blockquote> “We’re in year two of the current economic expansion... over the last several decades, economic expansions typically tend to last a number of years,” Sheldon told Yahoo Finance Live.<blockquote>“我们正处于当前经济扩张的第二年……在过去的几十年里，经济扩张通常会持续数年，”谢尔登告诉雅虎财经直播。</blockquote> So in other words, investors should never doubt the U.S. economy’s ability to continue defying gravity in the face of bad news — a lesson most of us should have learned since the brutal yet mercifully brief bear market of 2020.<blockquote>因此，换句话说，投资者永远不应该怀疑美国经济在面对坏消息时继续对抗地心引力的能力——这是我们大多数人自2020年残酷但幸运的短暂熊市以来应该吸取的教训。</blockquote> Yet over at Wisdom Tree, investing gurus Kevin Flanagan and Jeff Weniger have warned that beneath the placid surface of Wall Street’s benchmarks, “real carnage” is taking place that may hold clues about what the future holds once investors are clear of the holidays.<blockquote>然而，在智慧树，投资大师凯文·弗拉纳根（Kevin Flanagan）和杰夫·韦尼格（Jeff Weniger）警告说，在华尔街基准平静的表面之下，“真正的大屠杀”正在发生，一旦投资者摆脱假期，这可能会为未来提供线索。</blockquote> “Since November 8, small caps are down across the board, with the Russell 2000 growth cohort off about 13%, owing to nearly four-tenths of its stocks operating in the red,” Flanagan and Weniger wrote in a research note, despite strength among tech giants like Apple, Microsoft and Tesla — though the latter has been hammered by CEO Elon Musk’s capricious stock sale.<blockquote>Flanagan和Weniger在一份研究报告中写道：“自11月8日以来，小盘股全面下跌，Russell 2000成长股下跌了约13%，原因是近十分之四的股票出现亏损。”苹果、微软和特斯拉等科技巨头的实力——尽管后者受到了首席执行官Elon Musk反复无常的股票出售的打击。</blockquote> Tesla’s precipitous slide from $1,200 per share “is disconcerting, and almost entirely related (we think) to the prospect of higher interest rates messing up the discounted cash flow math on Elon Musk’s concept company.”<blockquote>特斯拉股价从每股1,200美元急剧下滑“令人不安，而且（我们认为）几乎完全与利率上升的前景有关，这扰乱了Elon Musk概念公司的贴现现金流数学。”</blockquote> Enter a Fed that has found religion on relentless inflationary pressures, with Fed Chairman Jerome Powell all but certain to embark on the central bank’s first rate-hike campaign in over two years.<blockquote>美联储已经对无情的通胀压力深信不疑，美联储主席杰罗姆·鲍威尔几乎肯定会发起两年多来的首次加息行动。</blockquote> The market is bracing for anywhere between one and three rate hikes, and an end to massive bond purchases that have created “the biggest bubble out there,”Pantera Capital CEO Dan Morehead told Yahoo Finance this week.<blockquote>潘迪拉资本(Pantera Capital)首席执行官丹·莫尔黑德(Dan Morehead)本周对雅虎财经(Yahoo Finance)表示，市场正准备迎接一到三次加息，并结束造成“最大泡沫”的大规模债券购买。</blockquote> But how a witches brew of tighter monetary policy, potentially slowing growth, and a still raging pandemic will go down with investors is anyone’s guess.<blockquote>但谁也不知道投资者会如何看待紧缩货币政策、潜在的增长放缓和仍在肆虐的疫情。</blockquote> “Should Powell become more aggressive in his nascent inflation fight, the market’s action over the last six weeks may indicate the location of 2022’s landmines,” WisdomTree’s Flanagan and Weniger added.<blockquote>WisdomTree的Flanagan和Weniger补充道：“如果鲍威尔在新生的通胀斗争中变得更加积极，市场在过去六周的行动可能会表明2022年地雷的位置。”</blockquote> And on that note, Merry Christmas to all, and to all a good night!<blockquote>在这一点上，祝大家圣诞快乐，祝大家晚安！</blockquote>","source":"lsy1612507957220","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\">\nSanta hasn’t forgotten Wall Street but beware 2022’s ‘landmines’<blockquote>圣诞老人没有忘记华尔街，但要小心2022年的“地雷”</blockquote>\n</h2>\n<h4 class=\"meta\">\n\nfinance.yahoo2021-12-23 18:57\n\n</h4>\n</header>\n<article>\nThe rally's intact, but for how much longer is anyone's guess<blockquote>反弹完好无损，但谁也说不准会持续多久</blockquote> The Santa Claus Rally hasn’t been derailed after all.<blockquote>圣诞老人集会终究没有脱轨。</blockquote> The North Pole’s jolliest resident — battling his way through the Omicron surge, a hawkish Federal Reserve, weaker consumer spending and the apparent demise of President Biden’s signature domestic legislation that was all but certain to boost growth and inflation — has made his annual pilgrimage to Wall Street, in spite of the odds.<blockquote>北极最快乐的居民——在奥密克戎激增、鹰派美联储、消费者支出疲软以及拜登总统签署的几乎肯定会提振增长和通胀的国内立法的明显消亡中苦苦挣扎——已经开始了一年一度的朝圣之旅。华尔街，尽管困难重重。</blockquote> Only days ago,the traditional year-end surge in stocks&nbsp;appeared to be in doubt, with markets disquieted by new developments in the COVID-19 pandemic.But Wednesday’s price action, along with confidence data that reflected a&nbsp;nervous yet still resilient consumer,was enough to suggest Old Saint Nick was ready to end the year on a high note.<blockquote>就在几天前，传统的年底股市飙升似乎受到质疑，市场对COVID-19大流行的新进展感到不安。但周三的价格走势，以及反映消费者紧张但仍有弹性的信心数据，足以表明老圣尼克已准备好以高调结束这一年。</blockquote> There’s still just over a week left in 2021, and anything can happen between now and December 31. We can’t completely rule out another down day like the one we saw earlier this week, when rising Omicron infections (andWest Virginia’s decidedly maverick senator) were enough to ignite new fears about the economy.<blockquote>2021年还有一周多的时间，从现在到12月31日，任何事情都可能发生。我们不能完全排除另一个像本周早些时候那样的低迷日，当时奥密克戎感染人数的上升（以及西弗吉尼亚州明显特立独行的参议员）足以引发对经济的新担忧。</blockquote> At least for the moment, however, the bull case remains intact, even with the latest COVID-19 mutation adding a&nbsp;new dimension to a raging public health crisis, and threatening vulnerable sectors like travel, leisure and dining.<blockquote>然而，至少目前，牛市的情况仍然完好无损，即使最新的COVID-19突变为肆虐的公共卫生危机增添了新的层面，并威胁到旅游、休闲和餐饮等脆弱行业。</blockquote> “We’ve been saying that this is definitely a buy the dip sort of market because we expect more earnings upgrades to come,” Anik Sen, PineBridge Investments’ global head of equities told Yahoo Finance Live on Wednesday. “We think that the real debate should be about the length and strength of the economic cycle ahead.”<blockquote>PineBridge Investments全球股票主管阿尼克·森(Anik Sen)周三对雅虎财经直播表示：“我们一直在说，这绝对是一个逢低买入的市场，因为我们预计将出现更多盈利上调。”“我们认为真正的争论应该是关于未来经济周期的长度和强度。”</blockquote> Of course, Omicron is throwing cold water on some of Wall Street’s conventional wisdom, and 2022 is more than likely to see a deceleration in growth. Yet talk of a full-fledged downturn is “premature” at best, according to Michael Sheldon of RDM Financial.<blockquote>当然，奥密克戎正在给华尔街的一些传统观点泼冷水，2022年华尔街的增长很可能会放缓。然而，RDM Financial的迈克尔·谢尔登(Michael Sheldon)表示，谈论全面经济衰退充其量还“为时过早”。</blockquote> “We’re in year two of the current economic expansion... over the last several decades, economic expansions typically tend to last a number of years,” Sheldon told Yahoo Finance Live.<blockquote>“我们正处于当前经济扩张的第二年……在过去的几十年里，经济扩张通常会持续数年，”谢尔登告诉雅虎财经直播。</blockquote> So in other words, investors should never doubt the U.S. economy’s ability to continue defying gravity in the face of bad news — a lesson most of us should have learned since the brutal yet mercifully brief bear market of 2020.<blockquote>因此，换句话说，投资者永远不应该怀疑美国经济在面对坏消息时继续对抗地心引力的能力——这是我们大多数人自2020年残酷但幸运的短暂熊市以来应该吸取的教训。</blockquote> Yet over at Wisdom Tree, investing gurus Kevin Flanagan and Jeff Weniger have warned that beneath the placid surface of Wall Street’s benchmarks, “real carnage” is taking place that may hold clues about what the future holds once investors are clear of the holidays.<blockquote>然而，在智慧树，投资大师凯文·弗拉纳根（Kevin Flanagan）和杰夫·韦尼格（Jeff Weniger）警告说，在华尔街基准平静的表面之下，“真正的大屠杀”正在发生，一旦投资者摆脱假期，这可能会为未来提供线索。</blockquote> “Since November 8, small caps are down across the board, with the Russell 2000 growth cohort off about 13%, owing to nearly four-tenths of its stocks operating in the red,” Flanagan and Weniger wrote in a research note, despite strength among tech giants like Apple, Microsoft and Tesla — though the latter has been hammered by CEO Elon Musk’s capricious stock sale.<blockquote>Flanagan和Weniger在一份研究报告中写道：“自11月8日以来，小盘股全面下跌，Russell 2000成长股下跌了约13%，原因是近十分之四的股票出现亏损。”苹果、微软和特斯拉等科技巨头的实力——尽管后者受到了首席执行官Elon Musk反复无常的股票出售的打击。</blockquote> Tesla’s precipitous slide from $1,200 per share “is disconcerting, and almost entirely related (we think) to the prospect of higher interest rates messing up the discounted cash flow math on Elon Musk’s concept company.”<blockquote>特斯拉股价从每股1,200美元急剧下滑“令人不安，而且（我们认为）几乎完全与利率上升的前景有关，这扰乱了Elon Musk概念公司的贴现现金流数学。”</blockquote> Enter a Fed that has found religion on relentless inflationary pressures, with Fed Chairman Jerome Powell all but certain to embark on the central bank’s first rate-hike campaign in over two years.<blockquote>美联储已经对无情的通胀压力深信不疑，美联储主席杰罗姆·鲍威尔几乎肯定会发起两年多来的首次加息行动。</blockquote> The market is bracing for anywhere between one and three rate hikes, and an end to massive bond purchases that have created “the biggest bubble out there,”Pantera Capital CEO Dan Morehead told Yahoo Finance this week.<blockquote>潘迪拉资本(Pantera Capital)首席执行官丹·莫尔黑德(Dan Morehead)本周对雅虎财经(Yahoo Finance)表示，市场正准备迎接一到三次加息，并结束造成“最大泡沫”的大规模债券购买。</blockquote> But how a witches brew of tighter monetary policy, potentially slowing growth, and a still raging pandemic will go down with investors is anyone’s guess.<blockquote>但谁也不知道投资者会如何看待紧缩货币政策、潜在的增长放缓和仍在肆虐的疫情。</blockquote> “Should Powell become more aggressive in his nascent inflation fight, the market’s action over the last six weeks may indicate the location of 2022’s landmines,” WisdomTree’s Flanagan and Weniger added.<blockquote>WisdomTree的Flanagan和Weniger补充道：“如果鲍威尔在新生的通胀斗争中变得更加积极，市场在过去六周的行动可能会表明2022年地雷的位置。”</blockquote> And on that note, Merry Christmas to all, and to all a good night!<blockquote>在这一点上，祝大家圣诞快乐，祝大家晚安！</blockquote>\n<div class=\"bt-text\">\n\n\n 来源：<a href=\"https://finance.yahoo.com/news/santa-claus-hasnt-forgotten-wall-street-but-beware-2022-s-landmines-morning-brief-101012816.html\">finance.yahoo</a>\n为提升您的阅读体验，我们对本页面进行了排版优化\n\n\n</div>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".DJI":"道琼斯",".IXIC":"NASDAQ Composite",".SPX":"S&P 500 Index"},"source_url":"https://finance.yahoo.com/news/santa-claus-hasnt-forgotten-wall-street-but-beware-2022-s-landmines-morning-brief-101012816.html","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1126080938","content_text":"The rally's intact, but for how much longer is anyone's guess\nThe Santa Claus Rally hasn’t been derailed after all.\nThe North Pole’s jolliest resident — battling his way through the Omicron surge, a hawkish Federal Reserve, weaker consumer spending and the apparent demise of President Biden’s signature domestic legislation that was all but certain to boost growth and inflation — has made his annual pilgrimage to Wall Street, in spite of the odds.\nOnly days ago,the traditional year-end surge in stocks appeared to be in doubt, with markets disquieted by new developments in the COVID-19 pandemic.But Wednesday’s price action, along with confidence data that reflected a nervous yet still resilient consumer,was enough to suggest Old Saint Nick was ready to end the year on a high note.\nThere’s still just over a week left in 2021, and anything can happen between now and December 31. We can’t completely rule out another down day like the one we saw earlier this week, when rising Omicron infections (andWest Virginia’s decidedly maverick senator) were enough to ignite new fears about the economy.\nAt least for the moment, however, the bull case remains intact, even with the latest COVID-19 mutation adding a new dimension to a raging public health crisis, and threatening vulnerable sectors like travel, leisure and dining.\n“We’ve been saying that this is definitely a buy the dip sort of market because we expect more earnings upgrades to come,” Anik Sen, PineBridge Investments’ global head of equities told Yahoo Finance Live on Wednesday. “We think that the real debate should be about the length and strength of the economic cycle ahead.”\nOf course, Omicron is throwing cold water on some of Wall Street’s conventional wisdom, and 2022 is more than likely to see a deceleration in growth. Yet talk of a full-fledged downturn is “premature” at best, according to Michael Sheldon of RDM Financial.\n“We’re in year two of the current economic expansion... over the last several decades, economic expansions typically tend to last a number of years,” Sheldon told Yahoo Finance Live.\nSo in other words, investors should never doubt the U.S. economy’s ability to continue defying gravity in the face of bad news — a lesson most of us should have learned since the brutal yet mercifully brief bear market of 2020.\nYet over at Wisdom Tree, investing gurus Kevin Flanagan and Jeff Weniger have warned that beneath the placid surface of Wall Street’s benchmarks, “real carnage” is taking place that may hold clues about what the future holds once investors are clear of the holidays.\n“Since November 8, small caps are down across the board, with the Russell 2000 growth cohort off about 13%, owing to nearly four-tenths of its stocks operating in the red,” Flanagan and Weniger wrote in a research note, despite strength among tech giants like Apple, Microsoft and Tesla — though the latter has been hammered by CEO Elon Musk’s capricious stock sale.\nTesla’s precipitous slide from $1,200 per share “is disconcerting, and almost entirely related (we think) to the prospect of higher interest rates messing up the discounted cash flow math on Elon Musk’s concept company.”\nEnter a Fed that has found religion on relentless inflationary pressures, with Fed Chairman Jerome Powell all but certain to embark on the central bank’s first rate-hike campaign in over two years.\nThe market is bracing for anywhere between one and three rate hikes, and an end to massive bond purchases that have created “the biggest bubble out there,”Pantera Capital CEO Dan Morehead told Yahoo Finance this week.\nBut how a witches brew of tighter monetary policy, potentially slowing growth, and a still raging pandemic will go down with investors is anyone’s guess.\n“Should Powell become more aggressive in his nascent inflation fight, the market’s action over the last six weeks may indicate the location of 2022’s landmines,” WisdomTree’s Flanagan and Weniger added.\nAnd on that note, Merry Christmas to all, and to all a good night!","news_type":1,"symbols_score_info":{".IXIC":0.9,".DJI":0.9,".SPX":0.9}},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"CN"},{"id":698037576,"gmtCreate":1640258999878,"gmtModify":1640259000202,"author":{"id":"3577409082356068","authorId":"3577409082356068","name":"babiboo","avatar":"https://static.tigerbbs.com/8be2f9f25874d7f974661428b042a2e7","vip":1,"crmLevel":5,"crmLevelSwitch":0,"authorIdStr":"3577409082356068","idStr":"3577409082356068"},"htmlText":"Hmmmm","listText":"Hmmmm","text":"Hmmmm","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/698037576","repostId":1126080938,"repostType":4,"repost":{"id":"1126080938","kind":"news","pubTimestamp":1640257032,"share":"https://www.laohu8.com/m/news/1126080938?lang=zh_CN&edition=full","pubTime":"2021-12-23 18:57","market":"us","language":"en","title":"Santa hasn’t forgotten Wall Street but beware 2022’s ‘landmines’<blockquote>圣诞老人没有忘记华尔街，但要小心2022年的“地雷”</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1126080938","media":"finance.yahoo","summary":"The rally's intact, but for how much longer is anyone's guess\nThe Santa Claus Rally hasn’t been dera","content":"The rally's intact, but for how much longer is anyone's guess<blockquote>反弹完好无损，但谁也说不准会持续多久</blockquote> The Santa Claus Rally hasn’t been derailed after all.<blockquote>圣诞老人集会终究没有脱轨。</blockquote> The North Pole’s jolliest resident — battling his way through the Omicron surge, a hawkish Federal Reserve, weaker consumer spending and the apparent demise of President Biden’s signature domestic legislation that was all but certain to boost growth and inflation — has made his annual pilgrimage to Wall Street, in spite of the odds.<blockquote>北极最快乐的居民——在奥密克戎激增、鹰派美联储、消费者支出疲软以及拜登总统签署的几乎肯定会提振增长和通胀的国内立法的明显消亡中苦苦挣扎——已经开始了一年一度的朝圣之旅。华尔街，尽管困难重重。</blockquote> Only days ago,the traditional year-end surge in stocks&nbsp;appeared to be in doubt, with markets disquieted by new developments in the COVID-19 pandemic.But Wednesday’s price action, along with confidence data that reflected a&nbsp;nervous yet still resilient consumer,was enough to suggest Old Saint Nick was ready to end the year on a high note.<blockquote>就在几天前，传统的年底股市飙升似乎受到质疑，市场对COVID-19大流行的新进展感到不安。但周三的价格走势，以及反映消费者紧张但仍有弹性的信心数据，足以表明老圣尼克已准备好以高调结束这一年。</blockquote> There’s still just over a week left in 2021, and anything can happen between now and December 31. We can’t completely rule out another down day like the one we saw earlier this week, when rising Omicron infections (andWest Virginia’s decidedly maverick senator) were enough to ignite new fears about the economy.<blockquote>2021年还有一周多的时间，从现在到12月31日，任何事情都可能发生。我们不能完全排除另一个像本周早些时候那样的低迷日，当时奥密克戎感染人数的上升（以及西弗吉尼亚州明显特立独行的参议员）足以引发对经济的新担忧。</blockquote> At least for the moment, however, the bull case remains intact, even with the latest COVID-19 mutation adding a&nbsp;new dimension to a raging public health crisis, and threatening vulnerable sectors like travel, leisure and dining.<blockquote>然而，至少目前，牛市的情况仍然完好无损，即使最新的COVID-19突变为肆虐的公共卫生危机增添了新的层面，并威胁到旅游、休闲和餐饮等脆弱行业。</blockquote> “We’ve been saying that this is definitely a buy the dip sort of market because we expect more earnings upgrades to come,” Anik Sen, PineBridge Investments’ global head of equities told Yahoo Finance Live on Wednesday. “We think that the real debate should be about the length and strength of the economic cycle ahead.”<blockquote>PineBridge Investments全球股票主管阿尼克·森(Anik Sen)周三对雅虎财经直播表示：“我们一直在说，这绝对是一个逢低买入的市场，因为我们预计将出现更多盈利上调。”“我们认为真正的争论应该是关于未来经济周期的长度和强度。”</blockquote> Of course, Omicron is throwing cold water on some of Wall Street’s conventional wisdom, and 2022 is more than likely to see a deceleration in growth. Yet talk of a full-fledged downturn is “premature” at best, according to Michael Sheldon of RDM Financial.<blockquote>当然，奥密克戎正在给华尔街的一些传统观点泼冷水，2022年华尔街的增长很可能会放缓。然而，RDM Financial的迈克尔·谢尔登(Michael Sheldon)表示，谈论全面经济衰退充其量还“为时过早”。</blockquote> “We’re in year two of the current economic expansion... over the last several decades, economic expansions typically tend to last a number of years,” Sheldon told Yahoo Finance Live.<blockquote>“我们正处于当前经济扩张的第二年……在过去的几十年里，经济扩张通常会持续数年，”谢尔登告诉雅虎财经直播。</blockquote> So in other words, investors should never doubt the U.S. economy’s ability to continue defying gravity in the face of bad news — a lesson most of us should have learned since the brutal yet mercifully brief bear market of 2020.<blockquote>因此，换句话说，投资者永远不应该怀疑美国经济在面对坏消息时继续对抗地心引力的能力——这是我们大多数人自2020年残酷但幸运的短暂熊市以来应该吸取的教训。</blockquote> Yet over at Wisdom Tree, investing gurus Kevin Flanagan and Jeff Weniger have warned that beneath the placid surface of Wall Street’s benchmarks, “real carnage” is taking place that may hold clues about what the future holds once investors are clear of the holidays.<blockquote>然而，在智慧树，投资大师凯文·弗拉纳根（Kevin Flanagan）和杰夫·韦尼格（Jeff Weniger）警告说，在华尔街基准平静的表面之下，“真正的大屠杀”正在发生，一旦投资者摆脱假期，这可能会为未来提供线索。</blockquote> “Since November 8, small caps are down across the board, with the Russell 2000 growth cohort off about 13%, owing to nearly four-tenths of its stocks operating in the red,” Flanagan and Weniger wrote in a research note, despite strength among tech giants like Apple, Microsoft and Tesla — though the latter has been hammered by CEO Elon Musk’s capricious stock sale.<blockquote>Flanagan和Weniger在一份研究报告中写道：“自11月8日以来，小盘股全面下跌，Russell 2000成长股下跌了约13%，原因是近十分之四的股票出现亏损。”苹果、微软和特斯拉等科技巨头的实力——尽管后者受到了首席执行官Elon Musk反复无常的股票出售的打击。</blockquote> Tesla’s precipitous slide from $1,200 per share “is disconcerting, and almost entirely related (we think) to the prospect of higher interest rates messing up the discounted cash flow math on Elon Musk’s concept company.”<blockquote>特斯拉股价从每股1,200美元急剧下滑“令人不安，而且（我们认为）几乎完全与利率上升的前景有关，这扰乱了Elon Musk概念公司的贴现现金流数学。”</blockquote> Enter a Fed that has found religion on relentless inflationary pressures, with Fed Chairman Jerome Powell all but certain to embark on the central bank’s first rate-hike campaign in over two years.<blockquote>美联储已经对无情的通胀压力深信不疑，美联储主席杰罗姆·鲍威尔几乎肯定会发起两年多来的首次加息行动。</blockquote> The market is bracing for anywhere between one and three rate hikes, and an end to massive bond purchases that have created “the biggest bubble out there,”Pantera Capital CEO Dan Morehead told Yahoo Finance this week.<blockquote>潘迪拉资本(Pantera Capital)首席执行官丹·莫尔黑德(Dan Morehead)本周对雅虎财经(Yahoo Finance)表示，市场正准备迎接一到三次加息，并结束造成“最大泡沫”的大规模债券购买。</blockquote> But how a witches brew of tighter monetary policy, potentially slowing growth, and a still raging pandemic will go down with investors is anyone’s guess.<blockquote>但谁也不知道投资者会如何看待紧缩货币政策、潜在的增长放缓和仍在肆虐的疫情。</blockquote> “Should Powell become more aggressive in his nascent inflation fight, the market’s action over the last six weeks may indicate the location of 2022’s landmines,” WisdomTree’s Flanagan and Weniger added.<blockquote>WisdomTree的Flanagan和Weniger补充道：“如果鲍威尔在新生的通胀斗争中变得更加积极，市场在过去六周的行动可能会表明2022年地雷的位置。”</blockquote> And on that note, Merry Christmas to all, and to all a good night!<blockquote>在这一点上，祝大家圣诞快乐，祝大家晚安！</blockquote>","source":"lsy1612507957220","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; 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}\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\">\nSanta hasn’t forgotten Wall Street but beware 2022’s ‘landmines’<blockquote>圣诞老人没有忘记华尔街，但要小心2022年的“地雷”</blockquote>\n</h2>\n<h4 class=\"meta\">\n\nfinance.yahoo2021-12-23 18:57\n\n</h4>\n</header>\n<article>\nThe rally's intact, but for how much longer is anyone's guess<blockquote>反弹完好无损，但谁也说不准会持续多久</blockquote> The Santa Claus Rally hasn’t been derailed after all.<blockquote>圣诞老人集会终究没有脱轨。</blockquote> The North Pole’s jolliest resident — battling his way through the Omicron surge, a hawkish Federal Reserve, weaker consumer spending and the apparent demise of President Biden’s signature domestic legislation that was all but certain to boost growth and inflation — has made his annual pilgrimage to Wall Street, in spite of the odds.<blockquote>北极最快乐的居民——在奥密克戎激增、鹰派美联储、消费者支出疲软以及拜登总统签署的几乎肯定会提振增长和通胀的国内立法的明显消亡中苦苦挣扎——已经开始了一年一度的朝圣之旅。华尔街，尽管困难重重。</blockquote> Only days ago,the traditional year-end surge in stocks&nbsp;appeared to be in doubt, with markets disquieted by new developments in the COVID-19 pandemic.But Wednesday’s price action, along with confidence data that reflected a&nbsp;nervous yet still resilient consumer,was enough to suggest Old Saint Nick was ready to end the year on a high note.<blockquote>就在几天前，传统的年底股市飙升似乎受到质疑，市场对COVID-19大流行的新进展感到不安。但周三的价格走势，以及反映消费者紧张但仍有弹性的信心数据，足以表明老圣尼克已准备好以高调结束这一年。</blockquote> There’s still just over a week left in 2021, and anything can happen between now and December 31. We can’t completely rule out another down day like the one we saw earlier this week, when rising Omicron infections (andWest Virginia’s decidedly maverick senator) were enough to ignite new fears about the economy.<blockquote>2021年还有一周多的时间，从现在到12月31日，任何事情都可能发生。我们不能完全排除另一个像本周早些时候那样的低迷日，当时奥密克戎感染人数的上升（以及西弗吉尼亚州明显特立独行的参议员）足以引发对经济的新担忧。</blockquote> At least for the moment, however, the bull case remains intact, even with the latest COVID-19 mutation adding a&nbsp;new dimension to a raging public health crisis, and threatening vulnerable sectors like travel, leisure and dining.<blockquote>然而，至少目前，牛市的情况仍然完好无损，即使最新的COVID-19突变为肆虐的公共卫生危机增添了新的层面，并威胁到旅游、休闲和餐饮等脆弱行业。</blockquote> “We’ve been saying that this is definitely a buy the dip sort of market because we expect more earnings upgrades to come,” Anik Sen, PineBridge Investments’ global head of equities told Yahoo Finance Live on Wednesday. “We think that the real debate should be about the length and strength of the economic cycle ahead.”<blockquote>PineBridge Investments全球股票主管阿尼克·森(Anik Sen)周三对雅虎财经直播表示：“我们一直在说，这绝对是一个逢低买入的市场，因为我们预计将出现更多盈利上调。”“我们认为真正的争论应该是关于未来经济周期的长度和强度。”</blockquote> Of course, Omicron is throwing cold water on some of Wall Street’s conventional wisdom, and 2022 is more than likely to see a deceleration in growth. Yet talk of a full-fledged downturn is “premature” at best, according to Michael Sheldon of RDM Financial.<blockquote>当然，奥密克戎正在给华尔街的一些传统观点泼冷水，2022年华尔街的增长很可能会放缓。然而，RDM Financial的迈克尔·谢尔登(Michael Sheldon)表示，谈论全面经济衰退充其量还“为时过早”。</blockquote> “We’re in year two of the current economic expansion... over the last several decades, economic expansions typically tend to last a number of years,” Sheldon told Yahoo Finance Live.<blockquote>“我们正处于当前经济扩张的第二年……在过去的几十年里，经济扩张通常会持续数年，”谢尔登告诉雅虎财经直播。</blockquote> So in other words, investors should never doubt the U.S. economy’s ability to continue defying gravity in the face of bad news — a lesson most of us should have learned since the brutal yet mercifully brief bear market of 2020.<blockquote>因此，换句话说，投资者永远不应该怀疑美国经济在面对坏消息时继续对抗地心引力的能力——这是我们大多数人自2020年残酷但幸运的短暂熊市以来应该吸取的教训。</blockquote> Yet over at Wisdom Tree, investing gurus Kevin Flanagan and Jeff Weniger have warned that beneath the placid surface of Wall Street’s benchmarks, “real carnage” is taking place that may hold clues about what the future holds once investors are clear of the holidays.<blockquote>然而，在智慧树，投资大师凯文·弗拉纳根（Kevin Flanagan）和杰夫·韦尼格（Jeff Weniger）警告说，在华尔街基准平静的表面之下，“真正的大屠杀”正在发生，一旦投资者摆脱假期，这可能会为未来提供线索。</blockquote> “Since November 8, small caps are down across the board, with the Russell 2000 growth cohort off about 13%, owing to nearly four-tenths of its stocks operating in the red,” Flanagan and Weniger wrote in a research note, despite strength among tech giants like Apple, Microsoft and Tesla — though the latter has been hammered by CEO Elon Musk’s capricious stock sale.<blockquote>Flanagan和Weniger在一份研究报告中写道：“自11月8日以来，小盘股全面下跌，Russell 2000成长股下跌了约13%，原因是近十分之四的股票出现亏损。”苹果、微软和特斯拉等科技巨头的实力——尽管后者受到了首席执行官Elon Musk反复无常的股票出售的打击。</blockquote> Tesla’s precipitous slide from $1,200 per share “is disconcerting, and almost entirely related (we think) to the prospect of higher interest rates messing up the discounted cash flow math on Elon Musk’s concept company.”<blockquote>特斯拉股价从每股1,200美元急剧下滑“令人不安，而且（我们认为）几乎完全与利率上升的前景有关，这扰乱了Elon Musk概念公司的贴现现金流数学。”</blockquote> Enter a Fed that has found religion on relentless inflationary pressures, with Fed Chairman Jerome Powell all but certain to embark on the central bank’s first rate-hike campaign in over two years.<blockquote>美联储已经对无情的通胀压力深信不疑，美联储主席杰罗姆·鲍威尔几乎肯定会发起两年多来的首次加息行动。</blockquote> The market is bracing for anywhere between one and three rate hikes, and an end to massive bond purchases that have created “the biggest bubble out there,”Pantera Capital CEO Dan Morehead told Yahoo Finance this week.<blockquote>潘迪拉资本(Pantera Capital)首席执行官丹·莫尔黑德(Dan Morehead)本周对雅虎财经(Yahoo Finance)表示，市场正准备迎接一到三次加息，并结束造成“最大泡沫”的大规模债券购买。</blockquote> But how a witches brew of tighter monetary policy, potentially slowing growth, and a still raging pandemic will go down with investors is anyone’s guess.<blockquote>但谁也不知道投资者会如何看待紧缩货币政策、潜在的增长放缓和仍在肆虐的疫情。</blockquote> “Should Powell become more aggressive in his nascent inflation fight, the market’s action over the last six weeks may indicate the location of 2022’s landmines,” WisdomTree’s Flanagan and Weniger added.<blockquote>WisdomTree的Flanagan和Weniger补充道：“如果鲍威尔在新生的通胀斗争中变得更加积极，市场在过去六周的行动可能会表明2022年地雷的位置。”</blockquote> And on that note, Merry Christmas to all, and to all a good night!<blockquote>在这一点上，祝大家圣诞快乐，祝大家晚安！</blockquote>\n<div class=\"bt-text\">\n\n\n 来源：<a href=\"https://finance.yahoo.com/news/santa-claus-hasnt-forgotten-wall-street-but-beware-2022-s-landmines-morning-brief-101012816.html\">finance.yahoo</a>\n为提升您的阅读体验，我们对本页面进行了排版优化\n\n\n</div>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".DJI":"道琼斯",".IXIC":"NASDAQ Composite",".SPX":"S&P 500 Index"},"source_url":"https://finance.yahoo.com/news/santa-claus-hasnt-forgotten-wall-street-but-beware-2022-s-landmines-morning-brief-101012816.html","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1126080938","content_text":"The rally's intact, but for how much longer is anyone's guess\nThe Santa Claus Rally hasn’t been derailed after all.\nThe North Pole’s jolliest resident — battling his way through the Omicron surge, a hawkish Federal Reserve, weaker consumer spending and the apparent demise of President Biden’s signature domestic legislation that was all but certain to boost growth and inflation — has made his annual pilgrimage to Wall Street, in spite of the odds.\nOnly days ago,the traditional year-end surge in stocks appeared to be in doubt, with markets disquieted by new developments in the COVID-19 pandemic.But Wednesday’s price action, along with confidence data that reflected a nervous yet still resilient consumer,was enough to suggest Old Saint Nick was ready to end the year on a high note.\nThere’s still just over a week left in 2021, and anything can happen between now and December 31. We can’t completely rule out another down day like the one we saw earlier this week, when rising Omicron infections (andWest Virginia’s decidedly maverick senator) were enough to ignite new fears about the economy.\nAt least for the moment, however, the bull case remains intact, even with the latest COVID-19 mutation adding a new dimension to a raging public health crisis, and threatening vulnerable sectors like travel, leisure and dining.\n“We’ve been saying that this is definitely a buy the dip sort of market because we expect more earnings upgrades to come,” Anik Sen, PineBridge Investments’ global head of equities told Yahoo Finance Live on Wednesday. “We think that the real debate should be about the length and strength of the economic cycle ahead.”\nOf course, Omicron is throwing cold water on some of Wall Street’s conventional wisdom, and 2022 is more than likely to see a deceleration in growth. Yet talk of a full-fledged downturn is “premature” at best, according to Michael Sheldon of RDM Financial.\n“We’re in year two of the current economic expansion... over the last several decades, economic expansions typically tend to last a number of years,” Sheldon told Yahoo Finance Live.\nSo in other words, investors should never doubt the U.S. economy’s ability to continue defying gravity in the face of bad news — a lesson most of us should have learned since the brutal yet mercifully brief bear market of 2020.\nYet over at Wisdom Tree, investing gurus Kevin Flanagan and Jeff Weniger have warned that beneath the placid surface of Wall Street’s benchmarks, “real carnage” is taking place that may hold clues about what the future holds once investors are clear of the holidays.\n“Since November 8, small caps are down across the board, with the Russell 2000 growth cohort off about 13%, owing to nearly four-tenths of its stocks operating in the red,” Flanagan and Weniger wrote in a research note, despite strength among tech giants like Apple, Microsoft and Tesla — though the latter has been hammered by CEO Elon Musk’s capricious stock sale.\nTesla’s precipitous slide from $1,200 per share “is disconcerting, and almost entirely related (we think) to the prospect of higher interest rates messing up the discounted cash flow math on Elon Musk’s concept company.”\nEnter a Fed that has found religion on relentless inflationary pressures, with Fed Chairman Jerome Powell all but certain to embark on the central bank’s first rate-hike campaign in over two years.\nThe market is bracing for anywhere between one and three rate hikes, and an end to massive bond purchases that have created “the biggest bubble out there,”Pantera Capital CEO Dan Morehead told Yahoo Finance this week.\nBut how a witches brew of tighter monetary policy, potentially slowing growth, and a still raging pandemic will go down with investors is anyone’s guess.\n“Should Powell become more aggressive in his nascent inflation fight, the market’s action over the last six weeks may indicate the location of 2022’s landmines,” WisdomTree’s Flanagan and Weniger added.\nAnd on that note, Merry Christmas to all, and to all a good night!","news_type":1,"symbols_score_info":{".IXIC":0.9,".DJI":0.9,".SPX":0.9}},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":7089748,"gmtCreate":1640261750429,"gmtModify":1640261750522,"authorId":3583254142926957,"author":{"id":3583254142926957,"idStr":"3583254142926957","authorId":3583254142926957,"name":"shuzyst","avatar":"https://static.tigerbbs.com/d55e499e6f73f06b22563034a4ad6b0b","vip":1,"crmLevel":11,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":698037576,"type":1,"supId":0,"prevId":0,"content":"ok","text":"ok","html":"ok"}],"langContent":"CN"},{"id":698037123,"gmtCreate":1640258799860,"gmtModify":1640258988562,"author":{"id":"3581250600180292","authorId":"3581250600180292","name":"CHP1","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"crmLevel":12,"crmLevelSwitch":0,"authorIdStr":"3581250600180292","idStr":"3581250600180292"},"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/698037123","repostId":1126080938,"repostType":4,"repost":{"id":"1126080938","kind":"news","pubTimestamp":1640257032,"share":"https://www.laohu8.com/m/news/1126080938?lang=zh_CN&edition=full","pubTime":"2021-12-23 18:57","market":"us","language":"en","title":"Santa hasn’t forgotten Wall Street but beware 2022’s ‘landmines’<blockquote>圣诞老人没有忘记华尔街，但要小心2022年的“地雷”</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1126080938","media":"finance.yahoo","summary":"The rally's intact, but for how much longer is anyone's guess\nThe Santa Claus Rally hasn’t been dera","content":"The rally's intact, but for how much longer is anyone's guess<blockquote>反弹完好无损，但谁也说不准会持续多久</blockquote> The Santa Claus Rally hasn’t been derailed after all.<blockquote>圣诞老人集会终究没有脱轨。</blockquote> The North Pole’s jolliest resident — battling his way through the Omicron surge, a hawkish Federal Reserve, weaker consumer spending and the apparent demise of President Biden’s signature domestic legislation that was all but certain to boost growth and inflation — has made his annual pilgrimage to Wall Street, in spite of the odds.<blockquote>北极最快乐的居民——在奥密克戎激增、鹰派美联储、消费者支出疲软以及拜登总统签署的几乎肯定会提振增长和通胀的国内立法的明显消亡中苦苦挣扎——已经开始了一年一度的朝圣之旅。华尔街，尽管困难重重。</blockquote> Only days ago,the traditional year-end surge in stocks&nbsp;appeared to be in doubt, with markets disquieted by new developments in the COVID-19 pandemic.But Wednesday’s price action, along with confidence data that reflected a&nbsp;nervous yet still resilient consumer,was enough to suggest Old Saint Nick was ready to end the year on a high note.<blockquote>就在几天前，传统的年底股市飙升似乎受到质疑，市场对COVID-19大流行的新进展感到不安。但周三的价格走势，以及反映消费者紧张但仍有弹性的信心数据，足以表明老圣尼克已准备好以高调结束这一年。</blockquote> There’s still just over a week left in 2021, and anything can happen between now and December 31. We can’t completely rule out another down day like the one we saw earlier this week, when rising Omicron infections (andWest Virginia’s decidedly maverick senator) were enough to ignite new fears about the economy.<blockquote>2021年还有一周多的时间，从现在到12月31日，任何事情都可能发生。我们不能完全排除另一个像本周早些时候那样的低迷日，当时奥密克戎感染人数的上升（以及西弗吉尼亚州明显特立独行的参议员）足以引发对经济的新担忧。</blockquote> At least for the moment, however, the bull case remains intact, even with the latest COVID-19 mutation adding a&nbsp;new dimension to a raging public health crisis, and threatening vulnerable sectors like travel, leisure and dining.<blockquote>然而，至少目前，牛市的情况仍然完好无损，即使最新的COVID-19突变为肆虐的公共卫生危机增添了新的层面，并威胁到旅游、休闲和餐饮等脆弱行业。</blockquote> “We’ve been saying that this is definitely a buy the dip sort of market because we expect more earnings upgrades to come,” Anik Sen, PineBridge Investments’ global head of equities told Yahoo Finance Live on Wednesday. “We think that the real debate should be about the length and strength of the economic cycle ahead.”<blockquote>PineBridge Investments全球股票主管阿尼克·森(Anik Sen)周三对雅虎财经直播表示：“我们一直在说，这绝对是一个逢低买入的市场，因为我们预计将出现更多盈利上调。”“我们认为真正的争论应该是关于未来经济周期的长度和强度。”</blockquote> Of course, Omicron is throwing cold water on some of Wall Street’s conventional wisdom, and 2022 is more than likely to see a deceleration in growth. Yet talk of a full-fledged downturn is “premature” at best, according to Michael Sheldon of RDM Financial.<blockquote>当然，奥密克戎正在给华尔街的一些传统观点泼冷水，2022年华尔街的增长很可能会放缓。然而，RDM Financial的迈克尔·谢尔登(Michael Sheldon)表示，谈论全面经济衰退充其量还“为时过早”。</blockquote> “We’re in year two of the current economic expansion... over the last several decades, economic expansions typically tend to last a number of years,” Sheldon told Yahoo Finance Live.<blockquote>“我们正处于当前经济扩张的第二年……在过去的几十年里，经济扩张通常会持续数年，”谢尔登告诉雅虎财经直播。</blockquote> So in other words, investors should never doubt the U.S. economy’s ability to continue defying gravity in the face of bad news — a lesson most of us should have learned since the brutal yet mercifully brief bear market of 2020.<blockquote>因此，换句话说，投资者永远不应该怀疑美国经济在面对坏消息时继续对抗地心引力的能力——这是我们大多数人自2020年残酷但幸运的短暂熊市以来应该吸取的教训。</blockquote> Yet over at Wisdom Tree, investing gurus Kevin Flanagan and Jeff Weniger have warned that beneath the placid surface of Wall Street’s benchmarks, “real carnage” is taking place that may hold clues about what the future holds once investors are clear of the holidays.<blockquote>然而，在智慧树，投资大师凯文·弗拉纳根（Kevin Flanagan）和杰夫·韦尼格（Jeff Weniger）警告说，在华尔街基准平静的表面之下，“真正的大屠杀”正在发生，一旦投资者摆脱假期，这可能会为未来提供线索。</blockquote> “Since November 8, small caps are down across the board, with the Russell 2000 growth cohort off about 13%, owing to nearly four-tenths of its stocks operating in the red,” Flanagan and Weniger wrote in a research note, despite strength among tech giants like Apple, Microsoft and Tesla — though the latter has been hammered by CEO Elon Musk’s capricious stock sale.<blockquote>Flanagan和Weniger在一份研究报告中写道：“自11月8日以来，小盘股全面下跌，Russell 2000成长股下跌了约13%，原因是近十分之四的股票出现亏损。”苹果、微软和特斯拉等科技巨头的实力——尽管后者受到了首席执行官Elon Musk反复无常的股票出售的打击。</blockquote> Tesla’s precipitous slide from $1,200 per share “is disconcerting, and almost entirely related (we think) to the prospect of higher interest rates messing up the discounted cash flow math on Elon Musk’s concept company.”<blockquote>特斯拉股价从每股1,200美元急剧下滑“令人不安，而且（我们认为）几乎完全与利率上升的前景有关，这扰乱了Elon Musk概念公司的贴现现金流数学。”</blockquote> Enter a Fed that has found religion on relentless inflationary pressures, with Fed Chairman Jerome Powell all but certain to embark on the central bank’s first rate-hike campaign in over two years.<blockquote>美联储已经对无情的通胀压力深信不疑，美联储主席杰罗姆·鲍威尔几乎肯定会发起两年多来的首次加息行动。</blockquote> The market is bracing for anywhere between one and three rate hikes, and an end to massive bond purchases that have created “the biggest bubble out there,”Pantera Capital CEO Dan Morehead told Yahoo Finance this week.<blockquote>潘迪拉资本(Pantera Capital)首席执行官丹·莫尔黑德(Dan Morehead)本周对雅虎财经(Yahoo Finance)表示，市场正准备迎接一到三次加息，并结束造成“最大泡沫”的大规模债券购买。</blockquote> But how a witches brew of tighter monetary policy, potentially slowing growth, and a still raging pandemic will go down with investors is anyone’s guess.<blockquote>但谁也不知道投资者会如何看待紧缩货币政策、潜在的增长放缓和仍在肆虐的疫情。</blockquote> “Should Powell become more aggressive in his nascent inflation fight, the market’s action over the last six weeks may indicate the location of 2022’s landmines,” WisdomTree’s Flanagan and Weniger added.<blockquote>WisdomTree的Flanagan和Weniger补充道：“如果鲍威尔在新生的通胀斗争中变得更加积极，市场在过去六周的行动可能会表明2022年地雷的位置。”</blockquote> And on that note, Merry Christmas to all, and to all a good night!<blockquote>在这一点上，祝大家圣诞快乐，祝大家晚安！</blockquote>","source":"lsy1612507957220","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>Santa hasn’t forgotten Wall Street but beware 2022’s ‘landmines’<blockquote>圣诞老人没有忘记华尔街，但要小心2022年的“地雷”</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\">\nSanta hasn’t forgotten Wall Street but beware 2022’s ‘landmines’<blockquote>圣诞老人没有忘记华尔街，但要小心2022年的“地雷”</blockquote>\n</h2>\n<h4 class=\"meta\">\n\nfinance.yahoo2021-12-23 18:57\n\n</h4>\n</header>\n<article>\nThe rally's intact, but for how much longer is anyone's guess<blockquote>反弹完好无损，但谁也说不准会持续多久</blockquote> The Santa Claus Rally hasn’t been derailed after all.<blockquote>圣诞老人集会终究没有脱轨。</blockquote> The North Pole’s jolliest resident — battling his way through the Omicron surge, a hawkish Federal Reserve, weaker consumer spending and the apparent demise of President Biden’s signature domestic legislation that was all but certain to boost growth and inflation — has made his annual pilgrimage to Wall Street, in spite of the odds.<blockquote>北极最快乐的居民——在奥密克戎激增、鹰派美联储、消费者支出疲软以及拜登总统签署的几乎肯定会提振增长和通胀的国内立法的明显消亡中苦苦挣扎——已经开始了一年一度的朝圣之旅。华尔街，尽管困难重重。</blockquote> Only days ago,the traditional year-end surge in stocks&nbsp;appeared to be in doubt, with markets disquieted by new developments in the COVID-19 pandemic.But Wednesday’s price action, along with confidence data that reflected a&nbsp;nervous yet still resilient consumer,was enough to suggest Old Saint Nick was ready to end the year on a high note.<blockquote>就在几天前，传统的年底股市飙升似乎受到质疑，市场对COVID-19大流行的新进展感到不安。但周三的价格走势，以及反映消费者紧张但仍有弹性的信心数据，足以表明老圣尼克已准备好以高调结束这一年。</blockquote> There’s still just over a week left in 2021, and anything can happen between now and December 31. We can’t completely rule out another down day like the one we saw earlier this week, when rising Omicron infections (andWest Virginia’s decidedly maverick senator) were enough to ignite new fears about the economy.<blockquote>2021年还有一周多的时间，从现在到12月31日，任何事情都可能发生。我们不能完全排除另一个像本周早些时候那样的低迷日，当时奥密克戎感染人数的上升（以及西弗吉尼亚州明显特立独行的参议员）足以引发对经济的新担忧。</blockquote> At least for the moment, however, the bull case remains intact, even with the latest COVID-19 mutation adding a&nbsp;new dimension to a raging public health crisis, and threatening vulnerable sectors like travel, leisure and dining.<blockquote>然而，至少目前，牛市的情况仍然完好无损，即使最新的COVID-19突变为肆虐的公共卫生危机增添了新的层面，并威胁到旅游、休闲和餐饮等脆弱行业。</blockquote> “We’ve been saying that this is definitely a buy the dip sort of market because we expect more earnings upgrades to come,” Anik Sen, PineBridge Investments’ global head of equities told Yahoo Finance Live on Wednesday. “We think that the real debate should be about the length and strength of the economic cycle ahead.”<blockquote>PineBridge Investments全球股票主管阿尼克·森(Anik Sen)周三对雅虎财经直播表示：“我们一直在说，这绝对是一个逢低买入的市场，因为我们预计将出现更多盈利上调。”“我们认为真正的争论应该是关于未来经济周期的长度和强度。”</blockquote> Of course, Omicron is throwing cold water on some of Wall Street’s conventional wisdom, and 2022 is more than likely to see a deceleration in growth. Yet talk of a full-fledged downturn is “premature” at best, according to Michael Sheldon of RDM Financial.<blockquote>当然，奥密克戎正在给华尔街的一些传统观点泼冷水，2022年华尔街的增长很可能会放缓。然而，RDM Financial的迈克尔·谢尔登(Michael Sheldon)表示，谈论全面经济衰退充其量还“为时过早”。</blockquote> “We’re in year two of the current economic expansion... over the last several decades, economic expansions typically tend to last a number of years,” Sheldon told Yahoo Finance Live.<blockquote>“我们正处于当前经济扩张的第二年……在过去的几十年里，经济扩张通常会持续数年，”谢尔登告诉雅虎财经直播。</blockquote> So in other words, investors should never doubt the U.S. economy’s ability to continue defying gravity in the face of bad news — a lesson most of us should have learned since the brutal yet mercifully brief bear market of 2020.<blockquote>因此，换句话说，投资者永远不应该怀疑美国经济在面对坏消息时继续对抗地心引力的能力——这是我们大多数人自2020年残酷但幸运的短暂熊市以来应该吸取的教训。</blockquote> Yet over at Wisdom Tree, investing gurus Kevin Flanagan and Jeff Weniger have warned that beneath the placid surface of Wall Street’s benchmarks, “real carnage” is taking place that may hold clues about what the future holds once investors are clear of the holidays.<blockquote>然而，在智慧树，投资大师凯文·弗拉纳根（Kevin Flanagan）和杰夫·韦尼格（Jeff Weniger）警告说，在华尔街基准平静的表面之下，“真正的大屠杀”正在发生，一旦投资者摆脱假期，这可能会为未来提供线索。</blockquote> “Since November 8, small caps are down across the board, with the Russell 2000 growth cohort off about 13%, owing to nearly four-tenths of its stocks operating in the red,” Flanagan and Weniger wrote in a research note, despite strength among tech giants like Apple, Microsoft and Tesla — though the latter has been hammered by CEO Elon Musk’s capricious stock sale.<blockquote>Flanagan和Weniger在一份研究报告中写道：“自11月8日以来，小盘股全面下跌，Russell 2000成长股下跌了约13%，原因是近十分之四的股票出现亏损。”苹果、微软和特斯拉等科技巨头的实力——尽管后者受到了首席执行官Elon Musk反复无常的股票出售的打击。</blockquote> Tesla’s precipitous slide from $1,200 per share “is disconcerting, and almost entirely related (we think) to the prospect of higher interest rates messing up the discounted cash flow math on Elon Musk’s concept company.”<blockquote>特斯拉股价从每股1,200美元急剧下滑“令人不安，而且（我们认为）几乎完全与利率上升的前景有关，这扰乱了Elon Musk概念公司的贴现现金流数学。”</blockquote> Enter a Fed that has found religion on relentless inflationary pressures, with Fed Chairman Jerome Powell all but certain to embark on the central bank’s first rate-hike campaign in over two years.<blockquote>美联储已经对无情的通胀压力深信不疑，美联储主席杰罗姆·鲍威尔几乎肯定会发起两年多来的首次加息行动。</blockquote> The market is bracing for anywhere between one and three rate hikes, and an end to massive bond purchases that have created “the biggest bubble out there,”Pantera Capital CEO Dan Morehead told Yahoo Finance this week.<blockquote>潘迪拉资本(Pantera Capital)首席执行官丹·莫尔黑德(Dan Morehead)本周对雅虎财经(Yahoo Finance)表示，市场正准备迎接一到三次加息，并结束造成“最大泡沫”的大规模债券购买。</blockquote> But how a witches brew of tighter monetary policy, potentially slowing growth, and a still raging pandemic will go down with investors is anyone’s guess.<blockquote>但谁也不知道投资者会如何看待紧缩货币政策、潜在的增长放缓和仍在肆虐的疫情。</blockquote> “Should Powell become more aggressive in his nascent inflation fight, the market’s action over the last six weeks may indicate the location of 2022’s landmines,” WisdomTree’s Flanagan and Weniger added.<blockquote>WisdomTree的Flanagan和Weniger补充道：“如果鲍威尔在新生的通胀斗争中变得更加积极，市场在过去六周的行动可能会表明2022年地雷的位置。”</blockquote> And on that note, Merry Christmas to all, and to all a good night!<blockquote>在这一点上，祝大家圣诞快乐，祝大家晚安！</blockquote>\n<div class=\"bt-text\">\n\n\n 来源：<a href=\"https://finance.yahoo.com/news/santa-claus-hasnt-forgotten-wall-street-but-beware-2022-s-landmines-morning-brief-101012816.html\">finance.yahoo</a>\n为提升您的阅读体验，我们对本页面进行了排版优化\n\n\n</div>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".DJI":"道琼斯",".IXIC":"NASDAQ Composite",".SPX":"S&P 500 Index"},"source_url":"https://finance.yahoo.com/news/santa-claus-hasnt-forgotten-wall-street-but-beware-2022-s-landmines-morning-brief-101012816.html","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1126080938","content_text":"The rally's intact, but for how much longer is anyone's guess\nThe Santa Claus Rally hasn’t been derailed after all.\nThe North Pole’s jolliest resident — battling his way through the Omicron surge, a hawkish Federal Reserve, weaker consumer spending and the apparent demise of President Biden’s signature domestic legislation that was all but certain to boost growth and inflation — has made his annual pilgrimage to Wall Street, in spite of the odds.\nOnly days ago,the traditional year-end surge in stocks appeared to be in doubt, with markets disquieted by new developments in the COVID-19 pandemic.But Wednesday’s price action, along with confidence data that reflected a nervous yet still resilient consumer,was enough to suggest Old Saint Nick was ready to end the year on a high note.\nThere’s still just over a week left in 2021, and anything can happen between now and December 31. We can’t completely rule out another down day like the one we saw earlier this week, when rising Omicron infections (andWest Virginia’s decidedly maverick senator) were enough to ignite new fears about the economy.\nAt least for the moment, however, the bull case remains intact, even with the latest COVID-19 mutation adding a new dimension to a raging public health crisis, and threatening vulnerable sectors like travel, leisure and dining.\n“We’ve been saying that this is definitely a buy the dip sort of market because we expect more earnings upgrades to come,” Anik Sen, PineBridge Investments’ global head of equities told Yahoo Finance Live on Wednesday. “We think that the real debate should be about the length and strength of the economic cycle ahead.”\nOf course, Omicron is throwing cold water on some of Wall Street’s conventional wisdom, and 2022 is more than likely to see a deceleration in growth. Yet talk of a full-fledged downturn is “premature” at best, according to Michael Sheldon of RDM Financial.\n“We’re in year two of the current economic expansion... over the last several decades, economic expansions typically tend to last a number of years,” Sheldon told Yahoo Finance Live.\nSo in other words, investors should never doubt the U.S. economy’s ability to continue defying gravity in the face of bad news — a lesson most of us should have learned since the brutal yet mercifully brief bear market of 2020.\nYet over at Wisdom Tree, investing gurus Kevin Flanagan and Jeff Weniger have warned that beneath the placid surface of Wall Street’s benchmarks, “real carnage” is taking place that may hold clues about what the future holds once investors are clear of the holidays.\n“Since November 8, small caps are down across the board, with the Russell 2000 growth cohort off about 13%, owing to nearly four-tenths of its stocks operating in the red,” Flanagan and Weniger wrote in a research note, despite strength among tech giants like Apple, Microsoft and Tesla — though the latter has been hammered by CEO Elon Musk’s capricious stock sale.\nTesla’s precipitous slide from $1,200 per share “is disconcerting, and almost entirely related (we think) to the prospect of higher interest rates messing up the discounted cash flow math on Elon Musk’s concept company.”\nEnter a Fed that has found religion on relentless inflationary pressures, with Fed Chairman Jerome Powell all but certain to embark on the central bank’s first rate-hike campaign in over two years.\nThe market is bracing for anywhere between one and three rate hikes, and an end to massive bond purchases that have created “the biggest bubble out there,”Pantera Capital CEO Dan Morehead told Yahoo Finance this week.\nBut how a witches brew of tighter monetary policy, potentially slowing growth, and a still raging pandemic will go down with investors is anyone’s guess.\n“Should Powell become more aggressive in his nascent inflation fight, the market’s action over the last six weeks may indicate the location of 2022’s landmines,” WisdomTree’s Flanagan and Weniger added.\nAnd on that note, Merry Christmas to all, and to all a good night!","news_type":1,"symbols_score_info":{".IXIC":0.9,".DJI":0.9,".SPX":0.9}},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"CN"},{"id":698038574,"gmtCreate":1640257748797,"gmtModify":1640257749633,"author":{"id":"3581675432544786","authorId":"3581675432544786","name":"Fiona888","avatar":"https://static.tigerbbs.com/42688ec73bb74970876cdb05131f23f7","vip":1,"crmLevel":11,"crmLevelSwitch":0,"authorIdStr":"3581675432544786","idStr":"3581675432544786"},"htmlText":"Yes","listText":"Yes","text":"Yes","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":2,"repostSize":0,"link":"https://laohu8.com/post/698038574","repostId":1126080938,"repostType":4,"repost":{"id":"1126080938","kind":"news","pubTimestamp":1640257032,"share":"https://www.laohu8.com/m/news/1126080938?lang=zh_CN&edition=full","pubTime":"2021-12-23 18:57","market":"us","language":"en","title":"Santa hasn’t forgotten Wall Street but beware 2022’s ‘landmines’<blockquote>圣诞老人没有忘记华尔街，但要小心2022年的“地雷”</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1126080938","media":"finance.yahoo","summary":"The rally's intact, but for how much longer is anyone's guess\nThe Santa Claus Rally hasn’t been dera","content":"The rally's intact, but for how much longer is anyone's guess<blockquote>反弹完好无损，但谁也说不准会持续多久</blockquote> The Santa Claus Rally hasn’t been derailed after all.<blockquote>圣诞老人集会终究没有脱轨。</blockquote> The North Pole’s jolliest resident — battling his way through the Omicron surge, a hawkish Federal Reserve, weaker consumer spending and the apparent demise of President Biden’s signature domestic legislation that was all but certain to boost growth and inflation — has made his annual pilgrimage to Wall Street, in spite of the odds.<blockquote>北极最快乐的居民——在奥密克戎激增、鹰派美联储、消费者支出疲软以及拜登总统签署的几乎肯定会提振增长和通胀的国内立法的明显消亡中苦苦挣扎——已经开始了一年一度的朝圣之旅。华尔街，尽管困难重重。</blockquote> Only days ago,the traditional year-end surge in stocks&nbsp;appeared to be in doubt, with markets disquieted by new developments in the COVID-19 pandemic.But Wednesday’s price action, along with confidence data that reflected a&nbsp;nervous yet still resilient consumer,was enough to suggest Old Saint Nick was ready to end the year on a high note.<blockquote>就在几天前，传统的年底股市飙升似乎受到质疑，市场对COVID-19大流行的新进展感到不安。但周三的价格走势，以及反映消费者紧张但仍有弹性的信心数据，足以表明老圣尼克已准备好以高调结束这一年。</blockquote> There’s still just over a week left in 2021, and anything can happen between now and December 31. We can’t completely rule out another down day like the one we saw earlier this week, when rising Omicron infections (andWest Virginia’s decidedly maverick senator) were enough to ignite new fears about the economy.<blockquote>2021年还有一周多的时间，从现在到12月31日，任何事情都可能发生。我们不能完全排除另一个像本周早些时候那样的低迷日，当时奥密克戎感染人数的上升（以及西弗吉尼亚州明显特立独行的参议员）足以引发对经济的新担忧。</blockquote> At least for the moment, however, the bull case remains intact, even with the latest COVID-19 mutation adding a&nbsp;new dimension to a raging public health crisis, and threatening vulnerable sectors like travel, leisure and dining.<blockquote>然而，至少目前，牛市的情况仍然完好无损，即使最新的COVID-19突变为肆虐的公共卫生危机增添了新的层面，并威胁到旅游、休闲和餐饮等脆弱行业。</blockquote> “We’ve been saying that this is definitely a buy the dip sort of market because we expect more earnings upgrades to come,” Anik Sen, PineBridge Investments’ global head of equities told Yahoo Finance Live on Wednesday. “We think that the real debate should be about the length and strength of the economic cycle ahead.”<blockquote>PineBridge Investments全球股票主管阿尼克·森(Anik Sen)周三对雅虎财经直播表示：“我们一直在说，这绝对是一个逢低买入的市场，因为我们预计将出现更多盈利上调。”“我们认为真正的争论应该是关于未来经济周期的长度和强度。”</blockquote> Of course, Omicron is throwing cold water on some of Wall Street’s conventional wisdom, and 2022 is more than likely to see a deceleration in growth. Yet talk of a full-fledged downturn is “premature” at best, according to Michael Sheldon of RDM Financial.<blockquote>当然，奥密克戎正在给华尔街的一些传统观点泼冷水，2022年华尔街的增长很可能会放缓。然而，RDM Financial的迈克尔·谢尔登(Michael Sheldon)表示，谈论全面经济衰退充其量还“为时过早”。</blockquote> “We’re in year two of the current economic expansion... over the last several decades, economic expansions typically tend to last a number of years,” Sheldon told Yahoo Finance Live.<blockquote>“我们正处于当前经济扩张的第二年……在过去的几十年里，经济扩张通常会持续数年，”谢尔登告诉雅虎财经直播。</blockquote> So in other words, investors should never doubt the U.S. economy’s ability to continue defying gravity in the face of bad news — a lesson most of us should have learned since the brutal yet mercifully brief bear market of 2020.<blockquote>因此，换句话说，投资者永远不应该怀疑美国经济在面对坏消息时继续对抗地心引力的能力——这是我们大多数人自2020年残酷但幸运的短暂熊市以来应该吸取的教训。</blockquote> Yet over at Wisdom Tree, investing gurus Kevin Flanagan and Jeff Weniger have warned that beneath the placid surface of Wall Street’s benchmarks, “real carnage” is taking place that may hold clues about what the future holds once investors are clear of the holidays.<blockquote>然而，在智慧树，投资大师凯文·弗拉纳根（Kevin Flanagan）和杰夫·韦尼格（Jeff Weniger）警告说，在华尔街基准平静的表面之下，“真正的大屠杀”正在发生，一旦投资者摆脱假期，这可能会为未来提供线索。</blockquote> “Since November 8, small caps are down across the board, with the Russell 2000 growth cohort off about 13%, owing to nearly four-tenths of its stocks operating in the red,” Flanagan and Weniger wrote in a research note, despite strength among tech giants like Apple, Microsoft and Tesla — though the latter has been hammered by CEO Elon Musk’s capricious stock sale.<blockquote>Flanagan和Weniger在一份研究报告中写道：“自11月8日以来，小盘股全面下跌，Russell 2000成长股下跌了约13%，原因是近十分之四的股票出现亏损。”苹果、微软和特斯拉等科技巨头的实力——尽管后者受到了首席执行官Elon Musk反复无常的股票出售的打击。</blockquote> Tesla’s precipitous slide from $1,200 per share “is disconcerting, and almost entirely related (we think) to the prospect of higher interest rates messing up the discounted cash flow math on Elon Musk’s concept company.”<blockquote>特斯拉股价从每股1,200美元急剧下滑“令人不安，而且（我们认为）几乎完全与利率上升的前景有关，这扰乱了Elon Musk概念公司的贴现现金流数学。”</blockquote> Enter a Fed that has found religion on relentless inflationary pressures, with Fed Chairman Jerome Powell all but certain to embark on the central bank’s first rate-hike campaign in over two years.<blockquote>美联储已经对无情的通胀压力深信不疑，美联储主席杰罗姆·鲍威尔几乎肯定会发起两年多来的首次加息行动。</blockquote> The market is bracing for anywhere between one and three rate hikes, and an end to massive bond purchases that have created “the biggest bubble out there,”Pantera Capital CEO Dan Morehead told Yahoo Finance this week.<blockquote>潘迪拉资本(Pantera Capital)首席执行官丹·莫尔黑德(Dan Morehead)本周对雅虎财经(Yahoo Finance)表示，市场正准备迎接一到三次加息，并结束造成“最大泡沫”的大规模债券购买。</blockquote> But how a witches brew of tighter monetary policy, potentially slowing growth, and a still raging pandemic will go down with investors is anyone’s guess.<blockquote>但谁也不知道投资者会如何看待紧缩货币政策、潜在的增长放缓和仍在肆虐的疫情。</blockquote> “Should Powell become more aggressive in his nascent inflation fight, the market’s action over the last six weeks may indicate the location of 2022’s landmines,” WisdomTree’s Flanagan and Weniger added.<blockquote>WisdomTree的Flanagan和Weniger补充道：“如果鲍威尔在新生的通胀斗争中变得更加积极，市场在过去六周的行动可能会表明2022年地雷的位置。”</blockquote> And on that note, Merry Christmas to all, and to all a good night!<blockquote>在这一点上，祝大家圣诞快乐，祝大家晚安！</blockquote>","source":"lsy1612507957220","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\">\nSanta hasn’t forgotten Wall Street but beware 2022’s ‘landmines’<blockquote>圣诞老人没有忘记华尔街，但要小心2022年的“地雷”</blockquote>\n</h2>\n<h4 class=\"meta\">\n\nfinance.yahoo2021-12-23 18:57\n\n</h4>\n</header>\n<article>\nThe rally's intact, but for how much longer is anyone's guess<blockquote>反弹完好无损，但谁也说不准会持续多久</blockquote> The Santa Claus Rally hasn’t been derailed after all.<blockquote>圣诞老人集会终究没有脱轨。</blockquote> The North Pole’s jolliest resident — battling his way through the Omicron surge, a hawkish Federal Reserve, weaker consumer spending and the apparent demise of President Biden’s signature domestic legislation that was all but certain to boost growth and inflation — has made his annual pilgrimage to Wall Street, in spite of the odds.<blockquote>北极最快乐的居民——在奥密克戎激增、鹰派美联储、消费者支出疲软以及拜登总统签署的几乎肯定会提振增长和通胀的国内立法的明显消亡中苦苦挣扎——已经开始了一年一度的朝圣之旅。华尔街，尽管困难重重。</blockquote> Only days ago,the traditional year-end surge in stocks&nbsp;appeared to be in doubt, with markets disquieted by new developments in the COVID-19 pandemic.But Wednesday’s price action, along with confidence data that reflected a&nbsp;nervous yet still resilient consumer,was enough to suggest Old Saint Nick was ready to end the year on a high note.<blockquote>就在几天前，传统的年底股市飙升似乎受到质疑，市场对COVID-19大流行的新进展感到不安。但周三的价格走势，以及反映消费者紧张但仍有弹性的信心数据，足以表明老圣尼克已准备好以高调结束这一年。</blockquote> There’s still just over a week left in 2021, and anything can happen between now and December 31. We can’t completely rule out another down day like the one we saw earlier this week, when rising Omicron infections (andWest Virginia’s decidedly maverick senator) were enough to ignite new fears about the economy.<blockquote>2021年还有一周多的时间，从现在到12月31日，任何事情都可能发生。我们不能完全排除另一个像本周早些时候那样的低迷日，当时奥密克戎感染人数的上升（以及西弗吉尼亚州明显特立独行的参议员）足以引发对经济的新担忧。</blockquote> At least for the moment, however, the bull case remains intact, even with the latest COVID-19 mutation adding a&nbsp;new dimension to a raging public health crisis, and threatening vulnerable sectors like travel, leisure and dining.<blockquote>然而，至少目前，牛市的情况仍然完好无损，即使最新的COVID-19突变为肆虐的公共卫生危机增添了新的层面，并威胁到旅游、休闲和餐饮等脆弱行业。</blockquote> “We’ve been saying that this is definitely a buy the dip sort of market because we expect more earnings upgrades to come,” Anik Sen, PineBridge Investments’ global head of equities told Yahoo Finance Live on Wednesday. “We think that the real debate should be about the length and strength of the economic cycle ahead.”<blockquote>PineBridge Investments全球股票主管阿尼克·森(Anik Sen)周三对雅虎财经直播表示：“我们一直在说，这绝对是一个逢低买入的市场，因为我们预计将出现更多盈利上调。”“我们认为真正的争论应该是关于未来经济周期的长度和强度。”</blockquote> Of course, Omicron is throwing cold water on some of Wall Street’s conventional wisdom, and 2022 is more than likely to see a deceleration in growth. Yet talk of a full-fledged downturn is “premature” at best, according to Michael Sheldon of RDM Financial.<blockquote>当然，奥密克戎正在给华尔街的一些传统观点泼冷水，2022年华尔街的增长很可能会放缓。然而，RDM Financial的迈克尔·谢尔登(Michael Sheldon)表示，谈论全面经济衰退充其量还“为时过早”。</blockquote> “We’re in year two of the current economic expansion... over the last several decades, economic expansions typically tend to last a number of years,” Sheldon told Yahoo Finance Live.<blockquote>“我们正处于当前经济扩张的第二年……在过去的几十年里，经济扩张通常会持续数年，”谢尔登告诉雅虎财经直播。</blockquote> So in other words, investors should never doubt the U.S. economy’s ability to continue defying gravity in the face of bad news — a lesson most of us should have learned since the brutal yet mercifully brief bear market of 2020.<blockquote>因此，换句话说，投资者永远不应该怀疑美国经济在面对坏消息时继续对抗地心引力的能力——这是我们大多数人自2020年残酷但幸运的短暂熊市以来应该吸取的教训。</blockquote> Yet over at Wisdom Tree, investing gurus Kevin Flanagan and Jeff Weniger have warned that beneath the placid surface of Wall Street’s benchmarks, “real carnage” is taking place that may hold clues about what the future holds once investors are clear of the holidays.<blockquote>然而，在智慧树，投资大师凯文·弗拉纳根（Kevin Flanagan）和杰夫·韦尼格（Jeff Weniger）警告说，在华尔街基准平静的表面之下，“真正的大屠杀”正在发生，一旦投资者摆脱假期，这可能会为未来提供线索。</blockquote> “Since November 8, small caps are down across the board, with the Russell 2000 growth cohort off about 13%, owing to nearly four-tenths of its stocks operating in the red,” Flanagan and Weniger wrote in a research note, despite strength among tech giants like Apple, Microsoft and Tesla — though the latter has been hammered by CEO Elon Musk’s capricious stock sale.<blockquote>Flanagan和Weniger在一份研究报告中写道：“自11月8日以来，小盘股全面下跌，Russell 2000成长股下跌了约13%，原因是近十分之四的股票出现亏损。”苹果、微软和特斯拉等科技巨头的实力——尽管后者受到了首席执行官Elon Musk反复无常的股票出售的打击。</blockquote> Tesla’s precipitous slide from $1,200 per share “is disconcerting, and almost entirely related (we think) to the prospect of higher interest rates messing up the discounted cash flow math on Elon Musk’s concept company.”<blockquote>特斯拉股价从每股1,200美元急剧下滑“令人不安，而且（我们认为）几乎完全与利率上升的前景有关，这扰乱了Elon Musk概念公司的贴现现金流数学。”</blockquote> Enter a Fed that has found religion on relentless inflationary pressures, with Fed Chairman Jerome Powell all but certain to embark on the central bank’s first rate-hike campaign in over two years.<blockquote>美联储已经对无情的通胀压力深信不疑，美联储主席杰罗姆·鲍威尔几乎肯定会发起两年多来的首次加息行动。</blockquote> The market is bracing for anywhere between one and three rate hikes, and an end to massive bond purchases that have created “the biggest bubble out there,”Pantera Capital CEO Dan Morehead told Yahoo Finance this week.<blockquote>潘迪拉资本(Pantera Capital)首席执行官丹·莫尔黑德(Dan Morehead)本周对雅虎财经(Yahoo Finance)表示，市场正准备迎接一到三次加息，并结束造成“最大泡沫”的大规模债券购买。</blockquote> But how a witches brew of tighter monetary policy, potentially slowing growth, and a still raging pandemic will go down with investors is anyone’s guess.<blockquote>但谁也不知道投资者会如何看待紧缩货币政策、潜在的增长放缓和仍在肆虐的疫情。</blockquote> “Should Powell become more aggressive in his nascent inflation fight, the market’s action over the last six weeks may indicate the location of 2022’s landmines,” WisdomTree’s Flanagan and Weniger added.<blockquote>WisdomTree的Flanagan和Weniger补充道：“如果鲍威尔在新生的通胀斗争中变得更加积极，市场在过去六周的行动可能会表明2022年地雷的位置。”</blockquote> And on that note, Merry Christmas to all, and to all a good night!<blockquote>在这一点上，祝大家圣诞快乐，祝大家晚安！</blockquote>\n<div class=\"bt-text\">\n\n\n 来源：<a href=\"https://finance.yahoo.com/news/santa-claus-hasnt-forgotten-wall-street-but-beware-2022-s-landmines-morning-brief-101012816.html\">finance.yahoo</a>\n为提升您的阅读体验，我们对本页面进行了排版优化\n\n\n</div>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".DJI":"道琼斯",".IXIC":"NASDAQ Composite",".SPX":"S&P 500 Index"},"source_url":"https://finance.yahoo.com/news/santa-claus-hasnt-forgotten-wall-street-but-beware-2022-s-landmines-morning-brief-101012816.html","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1126080938","content_text":"The rally's intact, but for how much longer is anyone's guess\nThe Santa Claus Rally hasn’t been derailed after all.\nThe North Pole’s jolliest resident — battling his way through the Omicron surge, a hawkish Federal Reserve, weaker consumer spending and the apparent demise of President Biden’s signature domestic legislation that was all but certain to boost growth and inflation — has made his annual pilgrimage to Wall Street, in spite of the odds.\nOnly days ago,the traditional year-end surge in stocks appeared to be in doubt, with markets disquieted by new developments in the COVID-19 pandemic.But Wednesday’s price action, along with confidence data that reflected a nervous yet still resilient consumer,was enough to suggest Old Saint Nick was ready to end the year on a high note.\nThere’s still just over a week left in 2021, and anything can happen between now and December 31. We can’t completely rule out another down day like the one we saw earlier this week, when rising Omicron infections (andWest Virginia’s decidedly maverick senator) were enough to ignite new fears about the economy.\nAt least for the moment, however, the bull case remains intact, even with the latest COVID-19 mutation adding a new dimension to a raging public health crisis, and threatening vulnerable sectors like travel, leisure and dining.\n“We’ve been saying that this is definitely a buy the dip sort of market because we expect more earnings upgrades to come,” Anik Sen, PineBridge Investments’ global head of equities told Yahoo Finance Live on Wednesday. “We think that the real debate should be about the length and strength of the economic cycle ahead.”\nOf course, Omicron is throwing cold water on some of Wall Street’s conventional wisdom, and 2022 is more than likely to see a deceleration in growth. Yet talk of a full-fledged downturn is “premature” at best, according to Michael Sheldon of RDM Financial.\n“We’re in year two of the current economic expansion... over the last several decades, economic expansions typically tend to last a number of years,” Sheldon told Yahoo Finance Live.\nSo in other words, investors should never doubt the U.S. economy’s ability to continue defying gravity in the face of bad news — a lesson most of us should have learned since the brutal yet mercifully brief bear market of 2020.\nYet over at Wisdom Tree, investing gurus Kevin Flanagan and Jeff Weniger have warned that beneath the placid surface of Wall Street’s benchmarks, “real carnage” is taking place that may hold clues about what the future holds once investors are clear of the holidays.\n“Since November 8, small caps are down across the board, with the Russell 2000 growth cohort off about 13%, owing to nearly four-tenths of its stocks operating in the red,” Flanagan and Weniger wrote in a research note, despite strength among tech giants like Apple, Microsoft and Tesla — though the latter has been hammered by CEO Elon Musk’s capricious stock sale.\nTesla’s precipitous slide from $1,200 per share “is disconcerting, and almost entirely related (we think) to the prospect of higher interest rates messing up the discounted cash flow math on Elon Musk’s concept company.”\nEnter a Fed that has found religion on relentless inflationary pressures, with Fed Chairman Jerome Powell all but certain to embark on the central bank’s first rate-hike campaign in over two years.\nThe market is bracing for anywhere between one and three rate hikes, and an end to massive bond purchases that have created “the biggest bubble out there,”Pantera Capital CEO Dan Morehead told Yahoo Finance this week.\nBut how a witches brew of tighter monetary policy, potentially slowing growth, and a still raging pandemic will go down with investors is anyone’s guess.\n“Should Powell become more aggressive in his nascent inflation fight, the market’s action over the last six weeks may indicate the location of 2022’s landmines,” WisdomTree’s Flanagan and Weniger added.\nAnd on that note, Merry Christmas to all, and to all a good night!","news_type":1,"symbols_score_info":{".IXIC":0.9,".DJI":0.9,".SPX":0.9}},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":7089482,"gmtCreate":1640258804642,"gmtModify":1640258804681,"authorId":3581250600180292,"author":{"id":3581250600180292,"idStr":"3581250600180292","authorId":3581250600180292,"name":"CHP1","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"crmLevel":12,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":698038574,"type":1,"supId":0,"prevId":0,"content":"ok","text":"ok","html":"ok"},{"id":7089408,"gmtCreate":1640257760315,"gmtModify":1640257760393,"authorId":3581675432544786,"author":{"id":3581675432544786,"idStr":"3581675432544786","authorId":3581675432544786,"name":"Fiona888","avatar":"https://static.tigerbbs.com/42688ec73bb74970876cdb05131f23f7","vip":1,"crmLevel":11,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":698038574,"type":1,"supId":0,"prevId":0,"content":"ok","text":"ok","html":"ok"}],"langContent":"CN"},{"id":698038970,"gmtCreate":1640257635991,"gmtModify":1640257636193,"author":{"id":"3562482274169298","authorId":"3562482274169298","name":"MC8989","avatar":"https://static.tigerbbs.com/58eed81f9dc051542d8569ad3065f505","vip":1,"crmLevel":11,"crmLevelSwitch":0,"authorIdStr":"3562482274169298","idStr":"3562482274169298"},"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/698038970","repostId":1126080938,"repostType":4,"repost":{"id":"1126080938","kind":"news","pubTimestamp":1640257032,"share":"https://www.laohu8.com/m/news/1126080938?lang=zh_CN&edition=full","pubTime":"2021-12-23 18:57","market":"us","language":"en","title":"Santa hasn’t forgotten Wall Street but beware 2022’s ‘landmines’<blockquote>圣诞老人没有忘记华尔街，但要小心2022年的“地雷”</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1126080938","media":"finance.yahoo","summary":"The rally's intact, but for how much longer is anyone's guess\nThe Santa Claus Rally hasn’t been dera","content":"The rally's intact, but for how much longer is anyone's guess<blockquote>反弹完好无损，但谁也说不准会持续多久</blockquote> The Santa Claus Rally hasn’t been derailed after all.<blockquote>圣诞老人集会终究没有脱轨。</blockquote> The North Pole’s jolliest resident — battling his way through the Omicron surge, a hawkish Federal Reserve, weaker consumer spending and the apparent demise of President Biden’s signature domestic legislation that was all but certain to boost growth and inflation — has made his annual pilgrimage to Wall Street, in spite of the odds.<blockquote>北极最快乐的居民——在奥密克戎激增、鹰派美联储、消费者支出疲软以及拜登总统签署的几乎肯定会提振增长和通胀的国内立法的明显消亡中苦苦挣扎——已经开始了一年一度的朝圣之旅。华尔街，尽管困难重重。</blockquote> Only days ago,the traditional year-end surge in stocks&nbsp;appeared to be in doubt, with markets disquieted by new developments in the COVID-19 pandemic.But Wednesday’s price action, along with confidence data that reflected a&nbsp;nervous yet still resilient consumer,was enough to suggest Old Saint Nick was ready to end the year on a high note.<blockquote>就在几天前，传统的年底股市飙升似乎受到质疑，市场对COVID-19大流行的新进展感到不安。但周三的价格走势，以及反映消费者紧张但仍有弹性的信心数据，足以表明老圣尼克已准备好以高调结束这一年。</blockquote> There’s still just over a week left in 2021, and anything can happen between now and December 31. We can’t completely rule out another down day like the one we saw earlier this week, when rising Omicron infections (andWest Virginia’s decidedly maverick senator) were enough to ignite new fears about the economy.<blockquote>2021年还有一周多的时间，从现在到12月31日，任何事情都可能发生。我们不能完全排除另一个像本周早些时候那样的低迷日，当时奥密克戎感染人数的上升（以及西弗吉尼亚州明显特立独行的参议员）足以引发对经济的新担忧。</blockquote> At least for the moment, however, the bull case remains intact, even with the latest COVID-19 mutation adding a&nbsp;new dimension to a raging public health crisis, and threatening vulnerable sectors like travel, leisure and dining.<blockquote>然而，至少目前，牛市的情况仍然完好无损，即使最新的COVID-19突变为肆虐的公共卫生危机增添了新的层面，并威胁到旅游、休闲和餐饮等脆弱行业。</blockquote> “We’ve been saying that this is definitely a buy the dip sort of market because we expect more earnings upgrades to come,” Anik Sen, PineBridge Investments’ global head of equities told Yahoo Finance Live on Wednesday. “We think that the real debate should be about the length and strength of the economic cycle ahead.”<blockquote>PineBridge Investments全球股票主管阿尼克·森(Anik Sen)周三对雅虎财经直播表示：“我们一直在说，这绝对是一个逢低买入的市场，因为我们预计将出现更多盈利上调。”“我们认为真正的争论应该是关于未来经济周期的长度和强度。”</blockquote> Of course, Omicron is throwing cold water on some of Wall Street’s conventional wisdom, and 2022 is more than likely to see a deceleration in growth. Yet talk of a full-fledged downturn is “premature” at best, according to Michael Sheldon of RDM Financial.<blockquote>当然，奥密克戎正在给华尔街的一些传统观点泼冷水，2022年华尔街的增长很可能会放缓。然而，RDM Financial的迈克尔·谢尔登(Michael Sheldon)表示，谈论全面经济衰退充其量还“为时过早”。</blockquote> “We’re in year two of the current economic expansion... over the last several decades, economic expansions typically tend to last a number of years,” Sheldon told Yahoo Finance Live.<blockquote>“我们正处于当前经济扩张的第二年……在过去的几十年里，经济扩张通常会持续数年，”谢尔登告诉雅虎财经直播。</blockquote> So in other words, investors should never doubt the U.S. economy’s ability to continue defying gravity in the face of bad news — a lesson most of us should have learned since the brutal yet mercifully brief bear market of 2020.<blockquote>因此，换句话说，投资者永远不应该怀疑美国经济在面对坏消息时继续对抗地心引力的能力——这是我们大多数人自2020年残酷但幸运的短暂熊市以来应该吸取的教训。</blockquote> Yet over at Wisdom Tree, investing gurus Kevin Flanagan and Jeff Weniger have warned that beneath the placid surface of Wall Street’s benchmarks, “real carnage” is taking place that may hold clues about what the future holds once investors are clear of the holidays.<blockquote>然而，在智慧树，投资大师凯文·弗拉纳根（Kevin Flanagan）和杰夫·韦尼格（Jeff Weniger）警告说，在华尔街基准平静的表面之下，“真正的大屠杀”正在发生，一旦投资者摆脱假期，这可能会为未来提供线索。</blockquote> “Since November 8, small caps are down across the board, with the Russell 2000 growth cohort off about 13%, owing to nearly four-tenths of its stocks operating in the red,” Flanagan and Weniger wrote in a research note, despite strength among tech giants like Apple, Microsoft and Tesla — though the latter has been hammered by CEO Elon Musk’s capricious stock sale.<blockquote>Flanagan和Weniger在一份研究报告中写道：“自11月8日以来，小盘股全面下跌，Russell 2000成长股下跌了约13%，原因是近十分之四的股票出现亏损。”苹果、微软和特斯拉等科技巨头的实力——尽管后者受到了首席执行官Elon Musk反复无常的股票出售的打击。</blockquote> Tesla’s precipitous slide from $1,200 per share “is disconcerting, and almost entirely related (we think) to the prospect of higher interest rates messing up the discounted cash flow math on Elon Musk’s concept company.”<blockquote>特斯拉股价从每股1,200美元急剧下滑“令人不安，而且（我们认为）几乎完全与利率上升的前景有关，这扰乱了Elon Musk概念公司的贴现现金流数学。”</blockquote> Enter a Fed that has found religion on relentless inflationary pressures, with Fed Chairman Jerome Powell all but certain to embark on the central bank’s first rate-hike campaign in over two years.<blockquote>美联储已经对无情的通胀压力深信不疑，美联储主席杰罗姆·鲍威尔几乎肯定会发起两年多来的首次加息行动。</blockquote> The market is bracing for anywhere between one and three rate hikes, and an end to massive bond purchases that have created “the biggest bubble out there,”Pantera Capital CEO Dan Morehead told Yahoo Finance this week.<blockquote>潘迪拉资本(Pantera Capital)首席执行官丹·莫尔黑德(Dan Morehead)本周对雅虎财经(Yahoo Finance)表示，市场正准备迎接一到三次加息，并结束造成“最大泡沫”的大规模债券购买。</blockquote> But how a witches brew of tighter monetary policy, potentially slowing growth, and a still raging pandemic will go down with investors is anyone’s guess.<blockquote>但谁也不知道投资者会如何看待紧缩货币政策、潜在的增长放缓和仍在肆虐的疫情。</blockquote> “Should Powell become more aggressive in his nascent inflation fight, the market’s action over the last six weeks may indicate the location of 2022’s landmines,” WisdomTree’s Flanagan and Weniger added.<blockquote>WisdomTree的Flanagan和Weniger补充道：“如果鲍威尔在新生的通胀斗争中变得更加积极，市场在过去六周的行动可能会表明2022年地雷的位置。”</blockquote> And on that note, Merry Christmas to all, and to all a good night!<blockquote>在这一点上，祝大家圣诞快乐，祝大家晚安！</blockquote>","source":"lsy1612507957220","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>Santa hasn’t forgotten Wall Street but beware 2022’s ‘landmines’<blockquote>圣诞老人没有忘记华尔街，但要小心2022年的“地雷”</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\">\nSanta hasn’t forgotten Wall Street but beware 2022’s ‘landmines’<blockquote>圣诞老人没有忘记华尔街，但要小心2022年的“地雷”</blockquote>\n</h2>\n<h4 class=\"meta\">\n\nfinance.yahoo2021-12-23 18:57\n\n</h4>\n</header>\n<article>\nThe rally's intact, but for how much longer is anyone's guess<blockquote>反弹完好无损，但谁也说不准会持续多久</blockquote> The Santa Claus Rally hasn’t been derailed after all.<blockquote>圣诞老人集会终究没有脱轨。</blockquote> The North Pole’s jolliest resident — battling his way through the Omicron surge, a hawkish Federal Reserve, weaker consumer spending and the apparent demise of President Biden’s signature domestic legislation that was all but certain to boost growth and inflation — has made his annual pilgrimage to Wall Street, in spite of the odds.<blockquote>北极最快乐的居民——在奥密克戎激增、鹰派美联储、消费者支出疲软以及拜登总统签署的几乎肯定会提振增长和通胀的国内立法的明显消亡中苦苦挣扎——已经开始了一年一度的朝圣之旅。华尔街，尽管困难重重。</blockquote> Only days ago,the traditional year-end surge in stocks&nbsp;appeared to be in doubt, with markets disquieted by new developments in the COVID-19 pandemic.But Wednesday’s price action, along with confidence data that reflected a&nbsp;nervous yet still resilient consumer,was enough to suggest Old Saint Nick was ready to end the year on a high note.<blockquote>就在几天前，传统的年底股市飙升似乎受到质疑，市场对COVID-19大流行的新进展感到不安。但周三的价格走势，以及反映消费者紧张但仍有弹性的信心数据，足以表明老圣尼克已准备好以高调结束这一年。</blockquote> There’s still just over a week left in 2021, and anything can happen between now and December 31. We can’t completely rule out another down day like the one we saw earlier this week, when rising Omicron infections (andWest Virginia’s decidedly maverick senator) were enough to ignite new fears about the economy.<blockquote>2021年还有一周多的时间，从现在到12月31日，任何事情都可能发生。我们不能完全排除另一个像本周早些时候那样的低迷日，当时奥密克戎感染人数的上升（以及西弗吉尼亚州明显特立独行的参议员）足以引发对经济的新担忧。</blockquote> At least for the moment, however, the bull case remains intact, even with the latest COVID-19 mutation adding a&nbsp;new dimension to a raging public health crisis, and threatening vulnerable sectors like travel, leisure and dining.<blockquote>然而，至少目前，牛市的情况仍然完好无损，即使最新的COVID-19突变为肆虐的公共卫生危机增添了新的层面，并威胁到旅游、休闲和餐饮等脆弱行业。</blockquote> “We’ve been saying that this is definitely a buy the dip sort of market because we expect more earnings upgrades to come,” Anik Sen, PineBridge Investments’ global head of equities told Yahoo Finance Live on Wednesday. “We think that the real debate should be about the length and strength of the economic cycle ahead.”<blockquote>PineBridge Investments全球股票主管阿尼克·森(Anik Sen)周三对雅虎财经直播表示：“我们一直在说，这绝对是一个逢低买入的市场，因为我们预计将出现更多盈利上调。”“我们认为真正的争论应该是关于未来经济周期的长度和强度。”</blockquote> Of course, Omicron is throwing cold water on some of Wall Street’s conventional wisdom, and 2022 is more than likely to see a deceleration in growth. Yet talk of a full-fledged downturn is “premature” at best, according to Michael Sheldon of RDM Financial.<blockquote>当然，奥密克戎正在给华尔街的一些传统观点泼冷水，2022年华尔街的增长很可能会放缓。然而，RDM Financial的迈克尔·谢尔登(Michael Sheldon)表示，谈论全面经济衰退充其量还“为时过早”。</blockquote> “We’re in year two of the current economic expansion... over the last several decades, economic expansions typically tend to last a number of years,” Sheldon told Yahoo Finance Live.<blockquote>“我们正处于当前经济扩张的第二年……在过去的几十年里，经济扩张通常会持续数年，”谢尔登告诉雅虎财经直播。</blockquote> So in other words, investors should never doubt the U.S. economy’s ability to continue defying gravity in the face of bad news — a lesson most of us should have learned since the brutal yet mercifully brief bear market of 2020.<blockquote>因此，换句话说，投资者永远不应该怀疑美国经济在面对坏消息时继续对抗地心引力的能力——这是我们大多数人自2020年残酷但幸运的短暂熊市以来应该吸取的教训。</blockquote> Yet over at Wisdom Tree, investing gurus Kevin Flanagan and Jeff Weniger have warned that beneath the placid surface of Wall Street’s benchmarks, “real carnage” is taking place that may hold clues about what the future holds once investors are clear of the holidays.<blockquote>然而，在智慧树，投资大师凯文·弗拉纳根（Kevin Flanagan）和杰夫·韦尼格（Jeff Weniger）警告说，在华尔街基准平静的表面之下，“真正的大屠杀”正在发生，一旦投资者摆脱假期，这可能会为未来提供线索。</blockquote> “Since November 8, small caps are down across the board, with the Russell 2000 growth cohort off about 13%, owing to nearly four-tenths of its stocks operating in the red,” Flanagan and Weniger wrote in a research note, despite strength among tech giants like Apple, Microsoft and Tesla — though the latter has been hammered by CEO Elon Musk’s capricious stock sale.<blockquote>Flanagan和Weniger在一份研究报告中写道：“自11月8日以来，小盘股全面下跌，Russell 2000成长股下跌了约13%，原因是近十分之四的股票出现亏损。”苹果、微软和特斯拉等科技巨头的实力——尽管后者受到了首席执行官Elon Musk反复无常的股票出售的打击。</blockquote> Tesla’s precipitous slide from $1,200 per share “is disconcerting, and almost entirely related (we think) to the prospect of higher interest rates messing up the discounted cash flow math on Elon Musk’s concept company.”<blockquote>特斯拉股价从每股1,200美元急剧下滑“令人不安，而且（我们认为）几乎完全与利率上升的前景有关，这扰乱了Elon Musk概念公司的贴现现金流数学。”</blockquote> Enter a Fed that has found religion on relentless inflationary pressures, with Fed Chairman Jerome Powell all but certain to embark on the central bank’s first rate-hike campaign in over two years.<blockquote>美联储已经对无情的通胀压力深信不疑，美联储主席杰罗姆·鲍威尔几乎肯定会发起两年多来的首次加息行动。</blockquote> The market is bracing for anywhere between one and three rate hikes, and an end to massive bond purchases that have created “the biggest bubble out there,”Pantera Capital CEO Dan Morehead told Yahoo Finance this week.<blockquote>潘迪拉资本(Pantera Capital)首席执行官丹·莫尔黑德(Dan Morehead)本周对雅虎财经(Yahoo Finance)表示，市场正准备迎接一到三次加息，并结束造成“最大泡沫”的大规模债券购买。</blockquote> But how a witches brew of tighter monetary policy, potentially slowing growth, and a still raging pandemic will go down with investors is anyone’s guess.<blockquote>但谁也不知道投资者会如何看待紧缩货币政策、潜在的增长放缓和仍在肆虐的疫情。</blockquote> “Should Powell become more aggressive in his nascent inflation fight, the market’s action over the last six weeks may indicate the location of 2022’s landmines,” WisdomTree’s Flanagan and Weniger added.<blockquote>WisdomTree的Flanagan和Weniger补充道：“如果鲍威尔在新生的通胀斗争中变得更加积极，市场在过去六周的行动可能会表明2022年地雷的位置。”</blockquote> And on that note, Merry Christmas to all, and to all a good night!<blockquote>在这一点上，祝大家圣诞快乐，祝大家晚安！</blockquote>\n<div class=\"bt-text\">\n\n\n 来源：<a href=\"https://finance.yahoo.com/news/santa-claus-hasnt-forgotten-wall-street-but-beware-2022-s-landmines-morning-brief-101012816.html\">finance.yahoo</a>\n为提升您的阅读体验，我们对本页面进行了排版优化\n\n\n</div>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".DJI":"道琼斯",".IXIC":"NASDAQ Composite",".SPX":"S&P 500 Index"},"source_url":"https://finance.yahoo.com/news/santa-claus-hasnt-forgotten-wall-street-but-beware-2022-s-landmines-morning-brief-101012816.html","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1126080938","content_text":"The rally's intact, but for how much longer is anyone's guess\nThe Santa Claus Rally hasn’t been derailed after all.\nThe North Pole’s jolliest resident — battling his way through the Omicron surge, a hawkish Federal Reserve, weaker consumer spending and the apparent demise of President Biden’s signature domestic legislation that was all but certain to boost growth and inflation — has made his annual pilgrimage to Wall Street, in spite of the odds.\nOnly days ago,the traditional year-end surge in stocks appeared to be in doubt, with markets disquieted by new developments in the COVID-19 pandemic.But Wednesday’s price action, along with confidence data that reflected a nervous yet still resilient consumer,was enough to suggest Old Saint Nick was ready to end the year on a high note.\nThere’s still just over a week left in 2021, and anything can happen between now and December 31. We can’t completely rule out another down day like the one we saw earlier this week, when rising Omicron infections (andWest Virginia’s decidedly maverick senator) were enough to ignite new fears about the economy.\nAt least for the moment, however, the bull case remains intact, even with the latest COVID-19 mutation adding a new dimension to a raging public health crisis, and threatening vulnerable sectors like travel, leisure and dining.\n“We’ve been saying that this is definitely a buy the dip sort of market because we expect more earnings upgrades to come,” Anik Sen, PineBridge Investments’ global head of equities told Yahoo Finance Live on Wednesday. “We think that the real debate should be about the length and strength of the economic cycle ahead.”\nOf course, Omicron is throwing cold water on some of Wall Street’s conventional wisdom, and 2022 is more than likely to see a deceleration in growth. Yet talk of a full-fledged downturn is “premature” at best, according to Michael Sheldon of RDM Financial.\n“We’re in year two of the current economic expansion... over the last several decades, economic expansions typically tend to last a number of years,” Sheldon told Yahoo Finance Live.\nSo in other words, investors should never doubt the U.S. economy’s ability to continue defying gravity in the face of bad news — a lesson most of us should have learned since the brutal yet mercifully brief bear market of 2020.\nYet over at Wisdom Tree, investing gurus Kevin Flanagan and Jeff Weniger have warned that beneath the placid surface of Wall Street’s benchmarks, “real carnage” is taking place that may hold clues about what the future holds once investors are clear of the holidays.\n“Since November 8, small caps are down across the board, with the Russell 2000 growth cohort off about 13%, owing to nearly four-tenths of its stocks operating in the red,” Flanagan and Weniger wrote in a research note, despite strength among tech giants like Apple, Microsoft and Tesla — though the latter has been hammered by CEO Elon Musk’s capricious stock sale.\nTesla’s precipitous slide from $1,200 per share “is disconcerting, and almost entirely related (we think) to the prospect of higher interest rates messing up the discounted cash flow math on Elon Musk’s concept company.”\nEnter a Fed that has found religion on relentless inflationary pressures, with Fed Chairman Jerome Powell all but certain to embark on the central bank’s first rate-hike campaign in over two years.\nThe market is bracing for anywhere between one and three rate hikes, and an end to massive bond purchases that have created “the biggest bubble out there,”Pantera Capital CEO Dan Morehead told Yahoo Finance this week.\nBut how a witches brew of tighter monetary policy, potentially slowing growth, and a still raging pandemic will go down with investors is anyone’s guess.\n“Should Powell become more aggressive in his nascent inflation fight, the market’s action over the last six weeks may indicate the location of 2022’s landmines,” WisdomTree’s Flanagan and Weniger added.\nAnd on that note, Merry Christmas to all, and to all a good night!","news_type":1,"symbols_score_info":{".IXIC":0.9,".DJI":0.9,".SPX":0.9}},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"CN"},{"id":698031562,"gmtCreate":1640257550457,"gmtModify":1640257550852,"author":{"id":"3574858180559711","authorId":"3574858180559711","name":"Carrie7","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"crmLevel":2,"crmLevelSwitch":0,"authorIdStr":"3574858180559711","idStr":"3574858180559711"},"htmlText":"Like&nbsp;","listText":"Like&nbsp;","text":"Like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/698031562","repostId":1126080938,"repostType":4,"repost":{"id":"1126080938","kind":"news","pubTimestamp":1640257032,"share":"https://www.laohu8.com/m/news/1126080938?lang=zh_CN&edition=full","pubTime":"2021-12-23 18:57","market":"us","language":"en","title":"Santa hasn’t forgotten Wall Street but beware 2022’s ‘landmines’<blockquote>圣诞老人没有忘记华尔街，但要小心2022年的“地雷”</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1126080938","media":"finance.yahoo","summary":"The rally's intact, but for how much longer is anyone's guess\nThe Santa Claus Rally hasn’t been dera","content":"The rally's intact, but for how much longer is anyone's guess<blockquote>反弹完好无损，但谁也说不准会持续多久</blockquote> The Santa Claus Rally hasn’t been derailed after all.<blockquote>圣诞老人集会终究没有脱轨。</blockquote> The North Pole’s jolliest resident — battling his way through the Omicron surge, a hawkish Federal Reserve, weaker consumer spending and the apparent demise of President Biden’s signature domestic legislation that was all but certain to boost growth and inflation — has made his annual pilgrimage to Wall Street, in spite of the odds.<blockquote>北极最快乐的居民——在奥密克戎激增、鹰派美联储、消费者支出疲软以及拜登总统签署的几乎肯定会提振增长和通胀的国内立法的明显消亡中苦苦挣扎——已经开始了一年一度的朝圣之旅。华尔街，尽管困难重重。</blockquote> Only days ago,the traditional year-end surge in stocks&nbsp;appeared to be in doubt, with markets disquieted by new developments in the COVID-19 pandemic.But Wednesday’s price action, along with confidence data that reflected a&nbsp;nervous yet still resilient consumer,was enough to suggest Old Saint Nick was ready to end the year on a high note.<blockquote>就在几天前，传统的年底股市飙升似乎受到质疑，市场对COVID-19大流行的新进展感到不安。但周三的价格走势，以及反映消费者紧张但仍有弹性的信心数据，足以表明老圣尼克已准备好以高调结束这一年。</blockquote> There’s still just over a week left in 2021, and anything can happen between now and December 31. We can’t completely rule out another down day like the one we saw earlier this week, when rising Omicron infections (andWest Virginia’s decidedly maverick senator) were enough to ignite new fears about the economy.<blockquote>2021年还有一周多的时间，从现在到12月31日，任何事情都可能发生。我们不能完全排除另一个像本周早些时候那样的低迷日，当时奥密克戎感染人数的上升（以及西弗吉尼亚州明显特立独行的参议员）足以引发对经济的新担忧。</blockquote> At least for the moment, however, the bull case remains intact, even with the latest COVID-19 mutation adding a&nbsp;new dimension to a raging public health crisis, and threatening vulnerable sectors like travel, leisure and dining.<blockquote>然而，至少目前，牛市的情况仍然完好无损，即使最新的COVID-19突变为肆虐的公共卫生危机增添了新的层面，并威胁到旅游、休闲和餐饮等脆弱行业。</blockquote> “We’ve been saying that this is definitely a buy the dip sort of market because we expect more earnings upgrades to come,” Anik Sen, PineBridge Investments’ global head of equities told Yahoo Finance Live on Wednesday. “We think that the real debate should be about the length and strength of the economic cycle ahead.”<blockquote>PineBridge Investments全球股票主管阿尼克·森(Anik Sen)周三对雅虎财经直播表示：“我们一直在说，这绝对是一个逢低买入的市场，因为我们预计将出现更多盈利上调。”“我们认为真正的争论应该是关于未来经济周期的长度和强度。”</blockquote> Of course, Omicron is throwing cold water on some of Wall Street’s conventional wisdom, and 2022 is more than likely to see a deceleration in growth. Yet talk of a full-fledged downturn is “premature” at best, according to Michael Sheldon of RDM Financial.<blockquote>当然，奥密克戎正在给华尔街的一些传统观点泼冷水，2022年华尔街的增长很可能会放缓。然而，RDM Financial的迈克尔·谢尔登(Michael Sheldon)表示，谈论全面经济衰退充其量还“为时过早”。</blockquote> “We’re in year two of the current economic expansion... over the last several decades, economic expansions typically tend to last a number of years,” Sheldon told Yahoo Finance Live.<blockquote>“我们正处于当前经济扩张的第二年……在过去的几十年里，经济扩张通常会持续数年，”谢尔登告诉雅虎财经直播。</blockquote> So in other words, investors should never doubt the U.S. economy’s ability to continue defying gravity in the face of bad news — a lesson most of us should have learned since the brutal yet mercifully brief bear market of 2020.<blockquote>因此，换句话说，投资者永远不应该怀疑美国经济在面对坏消息时继续对抗地心引力的能力——这是我们大多数人自2020年残酷但幸运的短暂熊市以来应该吸取的教训。</blockquote> Yet over at Wisdom Tree, investing gurus Kevin Flanagan and Jeff Weniger have warned that beneath the placid surface of Wall Street’s benchmarks, “real carnage” is taking place that may hold clues about what the future holds once investors are clear of the holidays.<blockquote>然而，在智慧树，投资大师凯文·弗拉纳根（Kevin Flanagan）和杰夫·韦尼格（Jeff Weniger）警告说，在华尔街基准平静的表面之下，“真正的大屠杀”正在发生，一旦投资者摆脱假期，这可能会为未来提供线索。</blockquote> “Since November 8, small caps are down across the board, with the Russell 2000 growth cohort off about 13%, owing to nearly four-tenths of its stocks operating in the red,” Flanagan and Weniger wrote in a research note, despite strength among tech giants like Apple, Microsoft and Tesla — though the latter has been hammered by CEO Elon Musk’s capricious stock sale.<blockquote>Flanagan和Weniger在一份研究报告中写道：“自11月8日以来，小盘股全面下跌，Russell 2000成长股下跌了约13%，原因是近十分之四的股票出现亏损。”苹果、微软和特斯拉等科技巨头的实力——尽管后者受到了首席执行官Elon Musk反复无常的股票出售的打击。</blockquote> Tesla’s precipitous slide from $1,200 per share “is disconcerting, and almost entirely related (we think) to the prospect of higher interest rates messing up the discounted cash flow math on Elon Musk’s concept company.”<blockquote>特斯拉股价从每股1,200美元急剧下滑“令人不安，而且（我们认为）几乎完全与利率上升的前景有关，这扰乱了Elon Musk概念公司的贴现现金流数学。”</blockquote> Enter a Fed that has found religion on relentless inflationary pressures, with Fed Chairman Jerome Powell all but certain to embark on the central bank’s first rate-hike campaign in over two years.<blockquote>美联储已经对无情的通胀压力深信不疑，美联储主席杰罗姆·鲍威尔几乎肯定会发起两年多来的首次加息行动。</blockquote> The market is bracing for anywhere between one and three rate hikes, and an end to massive bond purchases that have created “the biggest bubble out there,”Pantera Capital CEO Dan Morehead told Yahoo Finance this week.<blockquote>潘迪拉资本(Pantera Capital)首席执行官丹·莫尔黑德(Dan Morehead)本周对雅虎财经(Yahoo Finance)表示，市场正准备迎接一到三次加息，并结束造成“最大泡沫”的大规模债券购买。</blockquote> But how a witches brew of tighter monetary policy, potentially slowing growth, and a still raging pandemic will go down with investors is anyone’s guess.<blockquote>但谁也不知道投资者会如何看待紧缩货币政策、潜在的增长放缓和仍在肆虐的疫情。</blockquote> “Should Powell become more aggressive in his nascent inflation fight, the market’s action over the last six weeks may indicate the location of 2022’s landmines,” WisdomTree’s Flanagan and Weniger added.<blockquote>WisdomTree的Flanagan和Weniger补充道：“如果鲍威尔在新生的通胀斗争中变得更加积极，市场在过去六周的行动可能会表明2022年地雷的位置。”</blockquote> And on that note, Merry Christmas to all, and to all a good night!<blockquote>在这一点上，祝大家圣诞快乐，祝大家晚安！</blockquote>","source":"lsy1612507957220","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; 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}\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\">\nSanta hasn’t forgotten Wall Street but beware 2022’s ‘landmines’<blockquote>圣诞老人没有忘记华尔街，但要小心2022年的“地雷”</blockquote>\n</h2>\n<h4 class=\"meta\">\n\nfinance.yahoo2021-12-23 18:57\n\n</h4>\n</header>\n<article>\nThe rally's intact, but for how much longer is anyone's guess<blockquote>反弹完好无损，但谁也说不准会持续多久</blockquote> The Santa Claus Rally hasn’t been derailed after all.<blockquote>圣诞老人集会终究没有脱轨。</blockquote> The North Pole’s jolliest resident — battling his way through the Omicron surge, a hawkish Federal Reserve, weaker consumer spending and the apparent demise of President Biden’s signature domestic legislation that was all but certain to boost growth and inflation — has made his annual pilgrimage to Wall Street, in spite of the odds.<blockquote>北极最快乐的居民——在奥密克戎激增、鹰派美联储、消费者支出疲软以及拜登总统签署的几乎肯定会提振增长和通胀的国内立法的明显消亡中苦苦挣扎——已经开始了一年一度的朝圣之旅。华尔街，尽管困难重重。</blockquote> Only days ago,the traditional year-end surge in stocks&nbsp;appeared to be in doubt, with markets disquieted by new developments in the COVID-19 pandemic.But Wednesday’s price action, along with confidence data that reflected a&nbsp;nervous yet still resilient consumer,was enough to suggest Old Saint Nick was ready to end the year on a high note.<blockquote>就在几天前，传统的年底股市飙升似乎受到质疑，市场对COVID-19大流行的新进展感到不安。但周三的价格走势，以及反映消费者紧张但仍有弹性的信心数据，足以表明老圣尼克已准备好以高调结束这一年。</blockquote> There’s still just over a week left in 2021, and anything can happen between now and December 31. We can’t completely rule out another down day like the one we saw earlier this week, when rising Omicron infections (andWest Virginia’s decidedly maverick senator) were enough to ignite new fears about the economy.<blockquote>2021年还有一周多的时间，从现在到12月31日，任何事情都可能发生。我们不能完全排除另一个像本周早些时候那样的低迷日，当时奥密克戎感染人数的上升（以及西弗吉尼亚州明显特立独行的参议员）足以引发对经济的新担忧。</blockquote> At least for the moment, however, the bull case remains intact, even with the latest COVID-19 mutation adding a&nbsp;new dimension to a raging public health crisis, and threatening vulnerable sectors like travel, leisure and dining.<blockquote>然而，至少目前，牛市的情况仍然完好无损，即使最新的COVID-19突变为肆虐的公共卫生危机增添了新的层面，并威胁到旅游、休闲和餐饮等脆弱行业。</blockquote> “We’ve been saying that this is definitely a buy the dip sort of market because we expect more earnings upgrades to come,” Anik Sen, PineBridge Investments’ global head of equities told Yahoo Finance Live on Wednesday. “We think that the real debate should be about the length and strength of the economic cycle ahead.”<blockquote>PineBridge Investments全球股票主管阿尼克·森(Anik Sen)周三对雅虎财经直播表示：“我们一直在说，这绝对是一个逢低买入的市场，因为我们预计将出现更多盈利上调。”“我们认为真正的争论应该是关于未来经济周期的长度和强度。”</blockquote> Of course, Omicron is throwing cold water on some of Wall Street’s conventional wisdom, and 2022 is more than likely to see a deceleration in growth. Yet talk of a full-fledged downturn is “premature” at best, according to Michael Sheldon of RDM Financial.<blockquote>当然，奥密克戎正在给华尔街的一些传统观点泼冷水，2022年华尔街的增长很可能会放缓。然而，RDM Financial的迈克尔·谢尔登(Michael Sheldon)表示，谈论全面经济衰退充其量还“为时过早”。</blockquote> “We’re in year two of the current economic expansion... over the last several decades, economic expansions typically tend to last a number of years,” Sheldon told Yahoo Finance Live.<blockquote>“我们正处于当前经济扩张的第二年……在过去的几十年里，经济扩张通常会持续数年，”谢尔登告诉雅虎财经直播。</blockquote> So in other words, investors should never doubt the U.S. economy’s ability to continue defying gravity in the face of bad news — a lesson most of us should have learned since the brutal yet mercifully brief bear market of 2020.<blockquote>因此，换句话说，投资者永远不应该怀疑美国经济在面对坏消息时继续对抗地心引力的能力——这是我们大多数人自2020年残酷但幸运的短暂熊市以来应该吸取的教训。</blockquote> Yet over at Wisdom Tree, investing gurus Kevin Flanagan and Jeff Weniger have warned that beneath the placid surface of Wall Street’s benchmarks, “real carnage” is taking place that may hold clues about what the future holds once investors are clear of the holidays.<blockquote>然而，在智慧树，投资大师凯文·弗拉纳根（Kevin Flanagan）和杰夫·韦尼格（Jeff Weniger）警告说，在华尔街基准平静的表面之下，“真正的大屠杀”正在发生，一旦投资者摆脱假期，这可能会为未来提供线索。</blockquote> “Since November 8, small caps are down across the board, with the Russell 2000 growth cohort off about 13%, owing to nearly four-tenths of its stocks operating in the red,” Flanagan and Weniger wrote in a research note, despite strength among tech giants like Apple, Microsoft and Tesla — though the latter has been hammered by CEO Elon Musk’s capricious stock sale.<blockquote>Flanagan和Weniger在一份研究报告中写道：“自11月8日以来，小盘股全面下跌，Russell 2000成长股下跌了约13%，原因是近十分之四的股票出现亏损。”苹果、微软和特斯拉等科技巨头的实力——尽管后者受到了首席执行官Elon Musk反复无常的股票出售的打击。</blockquote> Tesla’s precipitous slide from $1,200 per share “is disconcerting, and almost entirely related (we think) to the prospect of higher interest rates messing up the discounted cash flow math on Elon Musk’s concept company.”<blockquote>特斯拉股价从每股1,200美元急剧下滑“令人不安，而且（我们认为）几乎完全与利率上升的前景有关，这扰乱了Elon Musk概念公司的贴现现金流数学。”</blockquote> Enter a Fed that has found religion on relentless inflationary pressures, with Fed Chairman Jerome Powell all but certain to embark on the central bank’s first rate-hike campaign in over two years.<blockquote>美联储已经对无情的通胀压力深信不疑，美联储主席杰罗姆·鲍威尔几乎肯定会发起两年多来的首次加息行动。</blockquote> The market is bracing for anywhere between one and three rate hikes, and an end to massive bond purchases that have created “the biggest bubble out there,”Pantera Capital CEO Dan Morehead told Yahoo Finance this week.<blockquote>潘迪拉资本(Pantera Capital)首席执行官丹·莫尔黑德(Dan Morehead)本周对雅虎财经(Yahoo Finance)表示，市场正准备迎接一到三次加息，并结束造成“最大泡沫”的大规模债券购买。</blockquote> But how a witches brew of tighter monetary policy, potentially slowing growth, and a still raging pandemic will go down with investors is anyone’s guess.<blockquote>但谁也不知道投资者会如何看待紧缩货币政策、潜在的增长放缓和仍在肆虐的疫情。</blockquote> “Should Powell become more aggressive in his nascent inflation fight, the market’s action over the last six weeks may indicate the location of 2022’s landmines,” WisdomTree’s Flanagan and Weniger added.<blockquote>WisdomTree的Flanagan和Weniger补充道：“如果鲍威尔在新生的通胀斗争中变得更加积极，市场在过去六周的行动可能会表明2022年地雷的位置。”</blockquote> And on that note, Merry Christmas to all, and to all a good night!<blockquote>在这一点上，祝大家圣诞快乐，祝大家晚安！</blockquote>\n<div class=\"bt-text\">\n\n\n 来源：<a href=\"https://finance.yahoo.com/news/santa-claus-hasnt-forgotten-wall-street-but-beware-2022-s-landmines-morning-brief-101012816.html\">finance.yahoo</a>\n为提升您的阅读体验，我们对本页面进行了排版优化\n\n\n</div>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".DJI":"道琼斯",".IXIC":"NASDAQ Composite",".SPX":"S&P 500 Index"},"source_url":"https://finance.yahoo.com/news/santa-claus-hasnt-forgotten-wall-street-but-beware-2022-s-landmines-morning-brief-101012816.html","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1126080938","content_text":"The rally's intact, but for how much longer is anyone's guess\nThe Santa Claus Rally hasn’t been derailed after all.\nThe North Pole’s jolliest resident — battling his way through the Omicron surge, a hawkish Federal Reserve, weaker consumer spending and the apparent demise of President Biden’s signature domestic legislation that was all but certain to boost growth and inflation — has made his annual pilgrimage to Wall Street, in spite of the odds.\nOnly days ago,the traditional year-end surge in stocks appeared to be in doubt, with markets disquieted by new developments in the COVID-19 pandemic.But Wednesday’s price action, along with confidence data that reflected a nervous yet still resilient consumer,was enough to suggest Old Saint Nick was ready to end the year on a high note.\nThere’s still just over a week left in 2021, and anything can happen between now and December 31. We can’t completely rule out another down day like the one we saw earlier this week, when rising Omicron infections (andWest Virginia’s decidedly maverick senator) were enough to ignite new fears about the economy.\nAt least for the moment, however, the bull case remains intact, even with the latest COVID-19 mutation adding a new dimension to a raging public health crisis, and threatening vulnerable sectors like travel, leisure and dining.\n“We’ve been saying that this is definitely a buy the dip sort of market because we expect more earnings upgrades to come,” Anik Sen, PineBridge Investments’ global head of equities told Yahoo Finance Live on Wednesday. “We think that the real debate should be about the length and strength of the economic cycle ahead.”\nOf course, Omicron is throwing cold water on some of Wall Street’s conventional wisdom, and 2022 is more than likely to see a deceleration in growth. Yet talk of a full-fledged downturn is “premature” at best, according to Michael Sheldon of RDM Financial.\n“We’re in year two of the current economic expansion... over the last several decades, economic expansions typically tend to last a number of years,” Sheldon told Yahoo Finance Live.\nSo in other words, investors should never doubt the U.S. economy’s ability to continue defying gravity in the face of bad news — a lesson most of us should have learned since the brutal yet mercifully brief bear market of 2020.\nYet over at Wisdom Tree, investing gurus Kevin Flanagan and Jeff Weniger have warned that beneath the placid surface of Wall Street’s benchmarks, “real carnage” is taking place that may hold clues about what the future holds once investors are clear of the holidays.\n“Since November 8, small caps are down across the board, with the Russell 2000 growth cohort off about 13%, owing to nearly four-tenths of its stocks operating in the red,” Flanagan and Weniger wrote in a research note, despite strength among tech giants like Apple, Microsoft and Tesla — though the latter has been hammered by CEO Elon Musk’s capricious stock sale.\nTesla’s precipitous slide from $1,200 per share “is disconcerting, and almost entirely related (we think) to the prospect of higher interest rates messing up the discounted cash flow math on Elon Musk’s concept company.”\nEnter a Fed that has found religion on relentless inflationary pressures, with Fed Chairman Jerome Powell all but certain to embark on the central bank’s first rate-hike campaign in over two years.\nThe market is bracing for anywhere between one and three rate hikes, and an end to massive bond purchases that have created “the biggest bubble out there,”Pantera Capital CEO Dan Morehead told Yahoo Finance this week.\nBut how a witches brew of tighter monetary policy, potentially slowing growth, and a still raging pandemic will go down with investors is anyone’s guess.\n“Should Powell become more aggressive in his nascent inflation fight, the market’s action over the last six weeks may indicate the location of 2022’s landmines,” WisdomTree’s Flanagan and Weniger added.\nAnd on that note, Merry Christmas to all, and to all a good night!","news_type":1,"symbols_score_info":{".IXIC":0.9,".DJI":0.9,".SPX":0.9}},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"CN"},{"id":698033925,"gmtCreate":1640257244479,"gmtModify":1640257244811,"author":{"id":"3587035779894315","authorId":"3587035779894315","name":"StLiaS","avatar":"https://static.tigerbbs.com/d128f37c753a5fb3a7b118c38d312807","vip":1,"crmLevel":11,"crmLevelSwitch":0,"authorIdStr":"3587035779894315","idStr":"3587035779894315"},"htmlText":"like","listText":"like","text":"like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/698033925","repostId":1126080938,"repostType":4,"repost":{"id":"1126080938","kind":"news","pubTimestamp":1640257032,"share":"https://www.laohu8.com/m/news/1126080938?lang=zh_CN&edition=full","pubTime":"2021-12-23 18:57","market":"us","language":"en","title":"Santa hasn’t forgotten Wall Street but beware 2022’s ‘landmines’<blockquote>圣诞老人没有忘记华尔街，但要小心2022年的“地雷”</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1126080938","media":"finance.yahoo","summary":"The rally's intact, but for how much longer is anyone's guess\nThe Santa Claus Rally hasn’t been dera","content":"The rally's intact, but for how much longer is anyone's guess<blockquote>反弹完好无损，但谁也说不准会持续多久</blockquote> The Santa Claus Rally hasn’t been derailed after all.<blockquote>圣诞老人集会终究没有脱轨。</blockquote> The North Pole’s jolliest resident — battling his way through the Omicron surge, a hawkish Federal Reserve, weaker consumer spending and the apparent demise of President Biden’s signature domestic legislation that was all but certain to boost growth and inflation — has made his annual pilgrimage to Wall Street, in spite of the odds.<blockquote>北极最快乐的居民——在奥密克戎激增、鹰派美联储、消费者支出疲软以及拜登总统签署的几乎肯定会提振增长和通胀的国内立法的明显消亡中苦苦挣扎——已经开始了一年一度的朝圣之旅。华尔街，尽管困难重重。</blockquote> Only days ago,the traditional year-end surge in stocks&nbsp;appeared to be in doubt, with markets disquieted by new developments in the COVID-19 pandemic.But Wednesday’s price action, along with confidence data that reflected a&nbsp;nervous yet still resilient consumer,was enough to suggest Old Saint Nick was ready to end the year on a high note.<blockquote>就在几天前，传统的年底股市飙升似乎受到质疑，市场对COVID-19大流行的新进展感到不安。但周三的价格走势，以及反映消费者紧张但仍有弹性的信心数据，足以表明老圣尼克已准备好以高调结束这一年。</blockquote> There’s still just over a week left in 2021, and anything can happen between now and December 31. We can’t completely rule out another down day like the one we saw earlier this week, when rising Omicron infections (andWest Virginia’s decidedly maverick senator) were enough to ignite new fears about the economy.<blockquote>2021年还有一周多的时间，从现在到12月31日，任何事情都可能发生。我们不能完全排除另一个像本周早些时候那样的低迷日，当时奥密克戎感染人数的上升（以及西弗吉尼亚州明显特立独行的参议员）足以引发对经济的新担忧。</blockquote> At least for the moment, however, the bull case remains intact, even with the latest COVID-19 mutation adding a&nbsp;new dimension to a raging public health crisis, and threatening vulnerable sectors like travel, leisure and dining.<blockquote>然而，至少目前，牛市的情况仍然完好无损，即使最新的COVID-19突变为肆虐的公共卫生危机增添了新的层面，并威胁到旅游、休闲和餐饮等脆弱行业。</blockquote> “We’ve been saying that this is definitely a buy the dip sort of market because we expect more earnings upgrades to come,” Anik Sen, PineBridge Investments’ global head of equities told Yahoo Finance Live on Wednesday. “We think that the real debate should be about the length and strength of the economic cycle ahead.”<blockquote>PineBridge Investments全球股票主管阿尼克·森(Anik Sen)周三对雅虎财经直播表示：“我们一直在说，这绝对是一个逢低买入的市场，因为我们预计将出现更多盈利上调。”“我们认为真正的争论应该是关于未来经济周期的长度和强度。”</blockquote> Of course, Omicron is throwing cold water on some of Wall Street’s conventional wisdom, and 2022 is more than likely to see a deceleration in growth. Yet talk of a full-fledged downturn is “premature” at best, according to Michael Sheldon of RDM Financial.<blockquote>当然，奥密克戎正在给华尔街的一些传统观点泼冷水，2022年华尔街的增长很可能会放缓。然而，RDM Financial的迈克尔·谢尔登(Michael Sheldon)表示，谈论全面经济衰退充其量还“为时过早”。</blockquote> “We’re in year two of the current economic expansion... over the last several decades, economic expansions typically tend to last a number of years,” Sheldon told Yahoo Finance Live.<blockquote>“我们正处于当前经济扩张的第二年……在过去的几十年里，经济扩张通常会持续数年，”谢尔登告诉雅虎财经直播。</blockquote> So in other words, investors should never doubt the U.S. economy’s ability to continue defying gravity in the face of bad news — a lesson most of us should have learned since the brutal yet mercifully brief bear market of 2020.<blockquote>因此，换句话说，投资者永远不应该怀疑美国经济在面对坏消息时继续对抗地心引力的能力——这是我们大多数人自2020年残酷但幸运的短暂熊市以来应该吸取的教训。</blockquote> Yet over at Wisdom Tree, investing gurus Kevin Flanagan and Jeff Weniger have warned that beneath the placid surface of Wall Street’s benchmarks, “real carnage” is taking place that may hold clues about what the future holds once investors are clear of the holidays.<blockquote>然而，在智慧树，投资大师凯文·弗拉纳根（Kevin Flanagan）和杰夫·韦尼格（Jeff Weniger）警告说，在华尔街基准平静的表面之下，“真正的大屠杀”正在发生，一旦投资者摆脱假期，这可能会为未来提供线索。</blockquote> “Since November 8, small caps are down across the board, with the Russell 2000 growth cohort off about 13%, owing to nearly four-tenths of its stocks operating in the red,” Flanagan and Weniger wrote in a research note, despite strength among tech giants like Apple, Microsoft and Tesla — though the latter has been hammered by CEO Elon Musk’s capricious stock sale.<blockquote>Flanagan和Weniger在一份研究报告中写道：“自11月8日以来，小盘股全面下跌，Russell 2000成长股下跌了约13%，原因是近十分之四的股票出现亏损。”苹果、微软和特斯拉等科技巨头的实力——尽管后者受到了首席执行官Elon Musk反复无常的股票出售的打击。</blockquote> Tesla’s precipitous slide from $1,200 per share “is disconcerting, and almost entirely related (we think) to the prospect of higher interest rates messing up the discounted cash flow math on Elon Musk’s concept company.”<blockquote>特斯拉股价从每股1,200美元急剧下滑“令人不安，而且（我们认为）几乎完全与利率上升的前景有关，这扰乱了Elon Musk概念公司的贴现现金流数学。”</blockquote> Enter a Fed that has found religion on relentless inflationary pressures, with Fed Chairman Jerome Powell all but certain to embark on the central bank’s first rate-hike campaign in over two years.<blockquote>美联储已经对无情的通胀压力深信不疑，美联储主席杰罗姆·鲍威尔几乎肯定会发起两年多来的首次加息行动。</blockquote> The market is bracing for anywhere between one and three rate hikes, and an end to massive bond purchases that have created “the biggest bubble out there,”Pantera Capital CEO Dan Morehead told Yahoo Finance this week.<blockquote>潘迪拉资本(Pantera Capital)首席执行官丹·莫尔黑德(Dan Morehead)本周对雅虎财经(Yahoo Finance)表示，市场正准备迎接一到三次加息，并结束造成“最大泡沫”的大规模债券购买。</blockquote> But how a witches brew of tighter monetary policy, potentially slowing growth, and a still raging pandemic will go down with investors is anyone’s guess.<blockquote>但谁也不知道投资者会如何看待紧缩货币政策、潜在的增长放缓和仍在肆虐的疫情。</blockquote> “Should Powell become more aggressive in his nascent inflation fight, the market’s action over the last six weeks may indicate the location of 2022’s landmines,” WisdomTree’s Flanagan and Weniger added.<blockquote>WisdomTree的Flanagan和Weniger补充道：“如果鲍威尔在新生的通胀斗争中变得更加积极，市场在过去六周的行动可能会表明2022年地雷的位置。”</blockquote> And on that note, Merry Christmas to all, and to all a good night!<blockquote>在这一点上，祝大家圣诞快乐，祝大家晚安！</blockquote>","source":"lsy1612507957220","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>Santa hasn’t forgotten Wall Street but beware 2022’s ‘landmines’<blockquote>圣诞老人没有忘记华尔街，但要小心2022年的“地雷”</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\">\nSanta hasn’t forgotten Wall Street but beware 2022’s ‘landmines’<blockquote>圣诞老人没有忘记华尔街，但要小心2022年的“地雷”</blockquote>\n</h2>\n<h4 class=\"meta\">\n\nfinance.yahoo2021-12-23 18:57\n\n</h4>\n</header>\n<article>\nThe rally's intact, but for how much longer is anyone's guess<blockquote>反弹完好无损，但谁也说不准会持续多久</blockquote> The Santa Claus Rally hasn’t been derailed after all.<blockquote>圣诞老人集会终究没有脱轨。</blockquote> The North Pole’s jolliest resident — battling his way through the Omicron surge, a hawkish Federal Reserve, weaker consumer spending and the apparent demise of President Biden’s signature domestic legislation that was all but certain to boost growth and inflation — has made his annual pilgrimage to Wall Street, in spite of the odds.<blockquote>北极最快乐的居民——在奥密克戎激增、鹰派美联储、消费者支出疲软以及拜登总统签署的几乎肯定会提振增长和通胀的国内立法的明显消亡中苦苦挣扎——已经开始了一年一度的朝圣之旅。华尔街，尽管困难重重。</blockquote> Only days ago,the traditional year-end surge in stocks&nbsp;appeared to be in doubt, with markets disquieted by new developments in the COVID-19 pandemic.But Wednesday’s price action, along with confidence data that reflected a&nbsp;nervous yet still resilient consumer,was enough to suggest Old Saint Nick was ready to end the year on a high note.<blockquote>就在几天前，传统的年底股市飙升似乎受到质疑，市场对COVID-19大流行的新进展感到不安。但周三的价格走势，以及反映消费者紧张但仍有弹性的信心数据，足以表明老圣尼克已准备好以高调结束这一年。</blockquote> There’s still just over a week left in 2021, and anything can happen between now and December 31. We can’t completely rule out another down day like the one we saw earlier this week, when rising Omicron infections (andWest Virginia’s decidedly maverick senator) were enough to ignite new fears about the economy.<blockquote>2021年还有一周多的时间，从现在到12月31日，任何事情都可能发生。我们不能完全排除另一个像本周早些时候那样的低迷日，当时奥密克戎感染人数的上升（以及西弗吉尼亚州明显特立独行的参议员）足以引发对经济的新担忧。</blockquote> At least for the moment, however, the bull case remains intact, even with the latest COVID-19 mutation adding a&nbsp;new dimension to a raging public health crisis, and threatening vulnerable sectors like travel, leisure and dining.<blockquote>然而，至少目前，牛市的情况仍然完好无损，即使最新的COVID-19突变为肆虐的公共卫生危机增添了新的层面，并威胁到旅游、休闲和餐饮等脆弱行业。</blockquote> “We’ve been saying that this is definitely a buy the dip sort of market because we expect more earnings upgrades to come,” Anik Sen, PineBridge Investments’ global head of equities told Yahoo Finance Live on Wednesday. “We think that the real debate should be about the length and strength of the economic cycle ahead.”<blockquote>PineBridge Investments全球股票主管阿尼克·森(Anik Sen)周三对雅虎财经直播表示：“我们一直在说，这绝对是一个逢低买入的市场，因为我们预计将出现更多盈利上调。”“我们认为真正的争论应该是关于未来经济周期的长度和强度。”</blockquote> Of course, Omicron is throwing cold water on some of Wall Street’s conventional wisdom, and 2022 is more than likely to see a deceleration in growth. Yet talk of a full-fledged downturn is “premature” at best, according to Michael Sheldon of RDM Financial.<blockquote>当然，奥密克戎正在给华尔街的一些传统观点泼冷水，2022年华尔街的增长很可能会放缓。然而，RDM Financial的迈克尔·谢尔登(Michael Sheldon)表示，谈论全面经济衰退充其量还“为时过早”。</blockquote> “We’re in year two of the current economic expansion... over the last several decades, economic expansions typically tend to last a number of years,” Sheldon told Yahoo Finance Live.<blockquote>“我们正处于当前经济扩张的第二年……在过去的几十年里，经济扩张通常会持续数年，”谢尔登告诉雅虎财经直播。</blockquote> So in other words, investors should never doubt the U.S. economy’s ability to continue defying gravity in the face of bad news — a lesson most of us should have learned since the brutal yet mercifully brief bear market of 2020.<blockquote>因此，换句话说，投资者永远不应该怀疑美国经济在面对坏消息时继续对抗地心引力的能力——这是我们大多数人自2020年残酷但幸运的短暂熊市以来应该吸取的教训。</blockquote> Yet over at Wisdom Tree, investing gurus Kevin Flanagan and Jeff Weniger have warned that beneath the placid surface of Wall Street’s benchmarks, “real carnage” is taking place that may hold clues about what the future holds once investors are clear of the holidays.<blockquote>然而，在智慧树，投资大师凯文·弗拉纳根（Kevin Flanagan）和杰夫·韦尼格（Jeff Weniger）警告说，在华尔街基准平静的表面之下，“真正的大屠杀”正在发生，一旦投资者摆脱假期，这可能会为未来提供线索。</blockquote> “Since November 8, small caps are down across the board, with the Russell 2000 growth cohort off about 13%, owing to nearly four-tenths of its stocks operating in the red,” Flanagan and Weniger wrote in a research note, despite strength among tech giants like Apple, Microsoft and Tesla — though the latter has been hammered by CEO Elon Musk’s capricious stock sale.<blockquote>Flanagan和Weniger在一份研究报告中写道：“自11月8日以来，小盘股全面下跌，Russell 2000成长股下跌了约13%，原因是近十分之四的股票出现亏损。”苹果、微软和特斯拉等科技巨头的实力——尽管后者受到了首席执行官Elon Musk反复无常的股票出售的打击。</blockquote> Tesla’s precipitous slide from $1,200 per share “is disconcerting, and almost entirely related (we think) to the prospect of higher interest rates messing up the discounted cash flow math on Elon Musk’s concept company.”<blockquote>特斯拉股价从每股1,200美元急剧下滑“令人不安，而且（我们认为）几乎完全与利率上升的前景有关，这扰乱了Elon Musk概念公司的贴现现金流数学。”</blockquote> Enter a Fed that has found religion on relentless inflationary pressures, with Fed Chairman Jerome Powell all but certain to embark on the central bank’s first rate-hike campaign in over two years.<blockquote>美联储已经对无情的通胀压力深信不疑，美联储主席杰罗姆·鲍威尔几乎肯定会发起两年多来的首次加息行动。</blockquote> The market is bracing for anywhere between one and three rate hikes, and an end to massive bond purchases that have created “the biggest bubble out there,”Pantera Capital CEO Dan Morehead told Yahoo Finance this week.<blockquote>潘迪拉资本(Pantera Capital)首席执行官丹·莫尔黑德(Dan Morehead)本周对雅虎财经(Yahoo Finance)表示，市场正准备迎接一到三次加息，并结束造成“最大泡沫”的大规模债券购买。</blockquote> But how a witches brew of tighter monetary policy, potentially slowing growth, and a still raging pandemic will go down with investors is anyone’s guess.<blockquote>但谁也不知道投资者会如何看待紧缩货币政策、潜在的增长放缓和仍在肆虐的疫情。</blockquote> “Should Powell become more aggressive in his nascent inflation fight, the market’s action over the last six weeks may indicate the location of 2022’s landmines,” WisdomTree’s Flanagan and Weniger added.<blockquote>WisdomTree的Flanagan和Weniger补充道：“如果鲍威尔在新生的通胀斗争中变得更加积极，市场在过去六周的行动可能会表明2022年地雷的位置。”</blockquote> And on that note, Merry Christmas to all, and to all a good night!<blockquote>在这一点上，祝大家圣诞快乐，祝大家晚安！</blockquote>\n<div class=\"bt-text\">\n\n\n 来源：<a href=\"https://finance.yahoo.com/news/santa-claus-hasnt-forgotten-wall-street-but-beware-2022-s-landmines-morning-brief-101012816.html\">finance.yahoo</a>\n为提升您的阅读体验，我们对本页面进行了排版优化\n\n\n</div>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".DJI":"道琼斯",".IXIC":"NASDAQ Composite",".SPX":"S&P 500 Index"},"source_url":"https://finance.yahoo.com/news/santa-claus-hasnt-forgotten-wall-street-but-beware-2022-s-landmines-morning-brief-101012816.html","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1126080938","content_text":"The rally's intact, but for how much longer is anyone's guess\nThe Santa Claus Rally hasn’t been derailed after all.\nThe North Pole’s jolliest resident — battling his way through the Omicron surge, a hawkish Federal Reserve, weaker consumer spending and the apparent demise of President Biden’s signature domestic legislation that was all but certain to boost growth and inflation — has made his annual pilgrimage to Wall Street, in spite of the odds.\nOnly days ago,the traditional year-end surge in stocks appeared to be in doubt, with markets disquieted by new developments in the COVID-19 pandemic.But Wednesday’s price action, along with confidence data that reflected a nervous yet still resilient consumer,was enough to suggest Old Saint Nick was ready to end the year on a high note.\nThere’s still just over a week left in 2021, and anything can happen between now and December 31. We can’t completely rule out another down day like the one we saw earlier this week, when rising Omicron infections (andWest Virginia’s decidedly maverick senator) were enough to ignite new fears about the economy.\nAt least for the moment, however, the bull case remains intact, even with the latest COVID-19 mutation adding a new dimension to a raging public health crisis, and threatening vulnerable sectors like travel, leisure and dining.\n“We’ve been saying that this is definitely a buy the dip sort of market because we expect more earnings upgrades to come,” Anik Sen, PineBridge Investments’ global head of equities told Yahoo Finance Live on Wednesday. “We think that the real debate should be about the length and strength of the economic cycle ahead.”\nOf course, Omicron is throwing cold water on some of Wall Street’s conventional wisdom, and 2022 is more than likely to see a deceleration in growth. Yet talk of a full-fledged downturn is “premature” at best, according to Michael Sheldon of RDM Financial.\n“We’re in year two of the current economic expansion... over the last several decades, economic expansions typically tend to last a number of years,” Sheldon told Yahoo Finance Live.\nSo in other words, investors should never doubt the U.S. economy’s ability to continue defying gravity in the face of bad news — a lesson most of us should have learned since the brutal yet mercifully brief bear market of 2020.\nYet over at Wisdom Tree, investing gurus Kevin Flanagan and Jeff Weniger have warned that beneath the placid surface of Wall Street’s benchmarks, “real carnage” is taking place that may hold clues about what the future holds once investors are clear of the holidays.\n“Since November 8, small caps are down across the board, with the Russell 2000 growth cohort off about 13%, owing to nearly four-tenths of its stocks operating in the red,” Flanagan and Weniger wrote in a research note, despite strength among tech giants like Apple, Microsoft and Tesla — though the latter has been hammered by CEO Elon Musk’s capricious stock sale.\nTesla’s precipitous slide from $1,200 per share “is disconcerting, and almost entirely related (we think) to the prospect of higher interest rates messing up the discounted cash flow math on Elon Musk’s concept company.”\nEnter a Fed that has found religion on relentless inflationary pressures, with Fed Chairman Jerome Powell all but certain to embark on the central bank’s first rate-hike campaign in over two years.\nThe market is bracing for anywhere between one and three rate hikes, and an end to massive bond purchases that have created “the biggest bubble out there,”Pantera Capital CEO Dan Morehead told Yahoo Finance this week.\nBut how a witches brew of tighter monetary policy, potentially slowing growth, and a still raging pandemic will go down with investors is anyone’s guess.\n“Should Powell become more aggressive in his nascent inflation fight, the market’s action over the last six weeks may indicate the location of 2022’s landmines,” WisdomTree’s Flanagan and Weniger added.\nAnd on that note, Merry Christmas to all, and to all a good night!","news_type":1,"symbols_score_info":{".IXIC":0.9,".DJI":0.9,".SPX":0.9}},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":7089384,"gmtCreate":1640257565247,"gmtModify":1640257565343,"authorId":3574858180559711,"author":{"id":3574858180559711,"idStr":"3574858180559711","authorId":3574858180559711,"name":"Carrie7","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"crmLevel":2,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":698033925,"type":1,"supId":0,"prevId":0,"content":"Ok","text":"Ok","html":"Ok"}],"langContent":"CN"},{"id":698033065,"gmtCreate":1640257183531,"gmtModify":1640257183844,"author":{"id":"3581493206135613","authorId":"3581493206135613","name":"Ccl2","avatar":"https://static.tigerbbs.com/d42f34da4e87e15b0fca1740d5c0310a","vip":1,"crmLevel":12,"crmLevelSwitch":0,"authorIdStr":"3581493206135613","idStr":"3581493206135613"},"htmlText":"Like","listText":"Like","text":"Like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":2,"repostSize":0,"link":"https://laohu8.com/post/698033065","repostId":1126080938,"repostType":4,"repost":{"id":"1126080938","kind":"news","pubTimestamp":1640257032,"share":"https://www.laohu8.com/m/news/1126080938?lang=zh_CN&edition=full","pubTime":"2021-12-23 18:57","market":"us","language":"en","title":"Santa hasn’t forgotten Wall Street but beware 2022’s ‘landmines’<blockquote>圣诞老人没有忘记华尔街，但要小心2022年的“地雷”</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1126080938","media":"finance.yahoo","summary":"The rally's intact, but for how much longer is anyone's guess\nThe Santa Claus Rally hasn’t been dera","content":"The rally's intact, but for how much longer is anyone's guess<blockquote>反弹完好无损，但谁也说不准会持续多久</blockquote> The Santa Claus Rally hasn’t been derailed after all.<blockquote>圣诞老人集会终究没有脱轨。</blockquote> The North Pole’s jolliest resident — battling his way through the Omicron surge, a hawkish Federal Reserve, weaker consumer spending and the apparent demise of President Biden’s signature domestic legislation that was all but certain to boost growth and inflation — has made his annual pilgrimage to Wall Street, in spite of the odds.<blockquote>北极最快乐的居民——在奥密克戎激增、鹰派美联储、消费者支出疲软以及拜登总统签署的几乎肯定会提振增长和通胀的国内立法的明显消亡中苦苦挣扎——已经开始了一年一度的朝圣之旅。华尔街，尽管困难重重。</blockquote> Only days ago,the traditional year-end surge in stocks&nbsp;appeared to be in doubt, with markets disquieted by new developments in the COVID-19 pandemic.But Wednesday’s price action, along with confidence data that reflected a&nbsp;nervous yet still resilient consumer,was enough to suggest Old Saint Nick was ready to end the year on a high note.<blockquote>就在几天前，传统的年底股市飙升似乎受到质疑，市场对COVID-19大流行的新进展感到不安。但周三的价格走势，以及反映消费者紧张但仍有弹性的信心数据，足以表明老圣尼克已准备好以高调结束这一年。</blockquote> There’s still just over a week left in 2021, and anything can happen between now and December 31. We can’t completely rule out another down day like the one we saw earlier this week, when rising Omicron infections (andWest Virginia’s decidedly maverick senator) were enough to ignite new fears about the economy.<blockquote>2021年还有一周多的时间，从现在到12月31日，任何事情都可能发生。我们不能完全排除另一个像本周早些时候那样的低迷日，当时奥密克戎感染人数的上升（以及西弗吉尼亚州明显特立独行的参议员）足以引发对经济的新担忧。</blockquote> At least for the moment, however, the bull case remains intact, even with the latest COVID-19 mutation adding a&nbsp;new dimension to a raging public health crisis, and threatening vulnerable sectors like travel, leisure and dining.<blockquote>然而，至少目前，牛市的情况仍然完好无损，即使最新的COVID-19突变为肆虐的公共卫生危机增添了新的层面，并威胁到旅游、休闲和餐饮等脆弱行业。</blockquote> “We’ve been saying that this is definitely a buy the dip sort of market because we expect more earnings upgrades to come,” Anik Sen, PineBridge Investments’ global head of equities told Yahoo Finance Live on Wednesday. “We think that the real debate should be about the length and strength of the economic cycle ahead.”<blockquote>PineBridge Investments全球股票主管阿尼克·森(Anik Sen)周三对雅虎财经直播表示：“我们一直在说，这绝对是一个逢低买入的市场，因为我们预计将出现更多盈利上调。”“我们认为真正的争论应该是关于未来经济周期的长度和强度。”</blockquote> Of course, Omicron is throwing cold water on some of Wall Street’s conventional wisdom, and 2022 is more than likely to see a deceleration in growth. Yet talk of a full-fledged downturn is “premature” at best, according to Michael Sheldon of RDM Financial.<blockquote>当然，奥密克戎正在给华尔街的一些传统观点泼冷水，2022年华尔街的增长很可能会放缓。然而，RDM Financial的迈克尔·谢尔登(Michael Sheldon)表示，谈论全面经济衰退充其量还“为时过早”。</blockquote> “We’re in year two of the current economic expansion... over the last several decades, economic expansions typically tend to last a number of years,” Sheldon told Yahoo Finance Live.<blockquote>“我们正处于当前经济扩张的第二年……在过去的几十年里，经济扩张通常会持续数年，”谢尔登告诉雅虎财经直播。</blockquote> So in other words, investors should never doubt the U.S. economy’s ability to continue defying gravity in the face of bad news — a lesson most of us should have learned since the brutal yet mercifully brief bear market of 2020.<blockquote>因此，换句话说，投资者永远不应该怀疑美国经济在面对坏消息时继续对抗地心引力的能力——这是我们大多数人自2020年残酷但幸运的短暂熊市以来应该吸取的教训。</blockquote> Yet over at Wisdom Tree, investing gurus Kevin Flanagan and Jeff Weniger have warned that beneath the placid surface of Wall Street’s benchmarks, “real carnage” is taking place that may hold clues about what the future holds once investors are clear of the holidays.<blockquote>然而，在智慧树，投资大师凯文·弗拉纳根（Kevin Flanagan）和杰夫·韦尼格（Jeff Weniger）警告说，在华尔街基准平静的表面之下，“真正的大屠杀”正在发生，一旦投资者摆脱假期，这可能会为未来提供线索。</blockquote> “Since November 8, small caps are down across the board, with the Russell 2000 growth cohort off about 13%, owing to nearly four-tenths of its stocks operating in the red,” Flanagan and Weniger wrote in a research note, despite strength among tech giants like Apple, Microsoft and Tesla — though the latter has been hammered by CEO Elon Musk’s capricious stock sale.<blockquote>Flanagan和Weniger在一份研究报告中写道：“自11月8日以来，小盘股全面下跌，Russell 2000成长股下跌了约13%，原因是近十分之四的股票出现亏损。”苹果、微软和特斯拉等科技巨头的实力——尽管后者受到了首席执行官Elon Musk反复无常的股票出售的打击。</blockquote> Tesla’s precipitous slide from $1,200 per share “is disconcerting, and almost entirely related (we think) to the prospect of higher interest rates messing up the discounted cash flow math on Elon Musk’s concept company.”<blockquote>特斯拉股价从每股1,200美元急剧下滑“令人不安，而且（我们认为）几乎完全与利率上升的前景有关，这扰乱了Elon Musk概念公司的贴现现金流数学。”</blockquote> Enter a Fed that has found religion on relentless inflationary pressures, with Fed Chairman Jerome Powell all but certain to embark on the central bank’s first rate-hike campaign in over two years.<blockquote>美联储已经对无情的通胀压力深信不疑，美联储主席杰罗姆·鲍威尔几乎肯定会发起两年多来的首次加息行动。</blockquote> The market is bracing for anywhere between one and three rate hikes, and an end to massive bond purchases that have created “the biggest bubble out there,”Pantera Capital CEO Dan Morehead told Yahoo Finance this week.<blockquote>潘迪拉资本(Pantera Capital)首席执行官丹·莫尔黑德(Dan Morehead)本周对雅虎财经(Yahoo Finance)表示，市场正准备迎接一到三次加息，并结束造成“最大泡沫”的大规模债券购买。</blockquote> But how a witches brew of tighter monetary policy, potentially slowing growth, and a still raging pandemic will go down with investors is anyone’s guess.<blockquote>但谁也不知道投资者会如何看待紧缩货币政策、潜在的增长放缓和仍在肆虐的疫情。</blockquote> “Should Powell become more aggressive in his nascent inflation fight, the market’s action over the last six weeks may indicate the location of 2022’s landmines,” WisdomTree’s Flanagan and Weniger added.<blockquote>WisdomTree的Flanagan和Weniger补充道：“如果鲍威尔在新生的通胀斗争中变得更加积极，市场在过去六周的行动可能会表明2022年地雷的位置。”</blockquote> And on that note, Merry Christmas to all, and to all a good night!<blockquote>在这一点上，祝大家圣诞快乐，祝大家晚安！</blockquote>","source":"lsy1612507957220","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>Santa hasn’t forgotten Wall Street but beware 2022’s ‘landmines’<blockquote>圣诞老人没有忘记华尔街，但要小心2022年的“地雷”</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\">\nSanta hasn’t forgotten Wall Street but beware 2022’s ‘landmines’<blockquote>圣诞老人没有忘记华尔街，但要小心2022年的“地雷”</blockquote>\n</h2>\n<h4 class=\"meta\">\n\nfinance.yahoo2021-12-23 18:57\n\n</h4>\n</header>\n<article>\nThe rally's intact, but for how much longer is anyone's guess<blockquote>反弹完好无损，但谁也说不准会持续多久</blockquote> The Santa Claus Rally hasn’t been derailed after all.<blockquote>圣诞老人集会终究没有脱轨。</blockquote> The North Pole’s jolliest resident — battling his way through the Omicron surge, a hawkish Federal Reserve, weaker consumer spending and the apparent demise of President Biden’s signature domestic legislation that was all but certain to boost growth and inflation — has made his annual pilgrimage to Wall Street, in spite of the odds.<blockquote>北极最快乐的居民——在奥密克戎激增、鹰派美联储、消费者支出疲软以及拜登总统签署的几乎肯定会提振增长和通胀的国内立法的明显消亡中苦苦挣扎——已经开始了一年一度的朝圣之旅。华尔街，尽管困难重重。</blockquote> Only days ago,the traditional year-end surge in stocks&nbsp;appeared to be in doubt, with markets disquieted by new developments in the COVID-19 pandemic.But Wednesday’s price action, along with confidence data that reflected a&nbsp;nervous yet still resilient consumer,was enough to suggest Old Saint Nick was ready to end the year on a high note.<blockquote>就在几天前，传统的年底股市飙升似乎受到质疑，市场对COVID-19大流行的新进展感到不安。但周三的价格走势，以及反映消费者紧张但仍有弹性的信心数据，足以表明老圣尼克已准备好以高调结束这一年。</blockquote> There’s still just over a week left in 2021, and anything can happen between now and December 31. We can’t completely rule out another down day like the one we saw earlier this week, when rising Omicron infections (andWest Virginia’s decidedly maverick senator) were enough to ignite new fears about the economy.<blockquote>2021年还有一周多的时间，从现在到12月31日，任何事情都可能发生。我们不能完全排除另一个像本周早些时候那样的低迷日，当时奥密克戎感染人数的上升（以及西弗吉尼亚州明显特立独行的参议员）足以引发对经济的新担忧。</blockquote> At least for the moment, however, the bull case remains intact, even with the latest COVID-19 mutation adding a&nbsp;new dimension to a raging public health crisis, and threatening vulnerable sectors like travel, leisure and dining.<blockquote>然而，至少目前，牛市的情况仍然完好无损，即使最新的COVID-19突变为肆虐的公共卫生危机增添了新的层面，并威胁到旅游、休闲和餐饮等脆弱行业。</blockquote> “We’ve been saying that this is definitely a buy the dip sort of market because we expect more earnings upgrades to come,” Anik Sen, PineBridge Investments’ global head of equities told Yahoo Finance Live on Wednesday. “We think that the real debate should be about the length and strength of the economic cycle ahead.”<blockquote>PineBridge Investments全球股票主管阿尼克·森(Anik Sen)周三对雅虎财经直播表示：“我们一直在说，这绝对是一个逢低买入的市场，因为我们预计将出现更多盈利上调。”“我们认为真正的争论应该是关于未来经济周期的长度和强度。”</blockquote> Of course, Omicron is throwing cold water on some of Wall Street’s conventional wisdom, and 2022 is more than likely to see a deceleration in growth. Yet talk of a full-fledged downturn is “premature” at best, according to Michael Sheldon of RDM Financial.<blockquote>当然，奥密克戎正在给华尔街的一些传统观点泼冷水，2022年华尔街的增长很可能会放缓。然而，RDM Financial的迈克尔·谢尔登(Michael Sheldon)表示，谈论全面经济衰退充其量还“为时过早”。</blockquote> “We’re in year two of the current economic expansion... over the last several decades, economic expansions typically tend to last a number of years,” Sheldon told Yahoo Finance Live.<blockquote>“我们正处于当前经济扩张的第二年……在过去的几十年里，经济扩张通常会持续数年，”谢尔登告诉雅虎财经直播。</blockquote> So in other words, investors should never doubt the U.S. economy’s ability to continue defying gravity in the face of bad news — a lesson most of us should have learned since the brutal yet mercifully brief bear market of 2020.<blockquote>因此，换句话说，投资者永远不应该怀疑美国经济在面对坏消息时继续对抗地心引力的能力——这是我们大多数人自2020年残酷但幸运的短暂熊市以来应该吸取的教训。</blockquote> Yet over at Wisdom Tree, investing gurus Kevin Flanagan and Jeff Weniger have warned that beneath the placid surface of Wall Street’s benchmarks, “real carnage” is taking place that may hold clues about what the future holds once investors are clear of the holidays.<blockquote>然而，在智慧树，投资大师凯文·弗拉纳根（Kevin Flanagan）和杰夫·韦尼格（Jeff Weniger）警告说，在华尔街基准平静的表面之下，“真正的大屠杀”正在发生，一旦投资者摆脱假期，这可能会为未来提供线索。</blockquote> “Since November 8, small caps are down across the board, with the Russell 2000 growth cohort off about 13%, owing to nearly four-tenths of its stocks operating in the red,” Flanagan and Weniger wrote in a research note, despite strength among tech giants like Apple, Microsoft and Tesla — though the latter has been hammered by CEO Elon Musk’s capricious stock sale.<blockquote>Flanagan和Weniger在一份研究报告中写道：“自11月8日以来，小盘股全面下跌，Russell 2000成长股下跌了约13%，原因是近十分之四的股票出现亏损。”苹果、微软和特斯拉等科技巨头的实力——尽管后者受到了首席执行官Elon Musk反复无常的股票出售的打击。</blockquote> Tesla’s precipitous slide from $1,200 per share “is disconcerting, and almost entirely related (we think) to the prospect of higher interest rates messing up the discounted cash flow math on Elon Musk’s concept company.”<blockquote>特斯拉股价从每股1,200美元急剧下滑“令人不安，而且（我们认为）几乎完全与利率上升的前景有关，这扰乱了Elon Musk概念公司的贴现现金流数学。”</blockquote> Enter a Fed that has found religion on relentless inflationary pressures, with Fed Chairman Jerome Powell all but certain to embark on the central bank’s first rate-hike campaign in over two years.<blockquote>美联储已经对无情的通胀压力深信不疑，美联储主席杰罗姆·鲍威尔几乎肯定会发起两年多来的首次加息行动。</blockquote> The market is bracing for anywhere between one and three rate hikes, and an end to massive bond purchases that have created “the biggest bubble out there,”Pantera Capital CEO Dan Morehead told Yahoo Finance this week.<blockquote>潘迪拉资本(Pantera Capital)首席执行官丹·莫尔黑德(Dan Morehead)本周对雅虎财经(Yahoo Finance)表示，市场正准备迎接一到三次加息，并结束造成“最大泡沫”的大规模债券购买。</blockquote> But how a witches brew of tighter monetary policy, potentially slowing growth, and a still raging pandemic will go down with investors is anyone’s guess.<blockquote>但谁也不知道投资者会如何看待紧缩货币政策、潜在的增长放缓和仍在肆虐的疫情。</blockquote> “Should Powell become more aggressive in his nascent inflation fight, the market’s action over the last six weeks may indicate the location of 2022’s landmines,” WisdomTree’s Flanagan and Weniger added.<blockquote>WisdomTree的Flanagan和Weniger补充道：“如果鲍威尔在新生的通胀斗争中变得更加积极，市场在过去六周的行动可能会表明2022年地雷的位置。”</blockquote> And on that note, Merry Christmas to all, and to all a good night!<blockquote>在这一点上，祝大家圣诞快乐，祝大家晚安！</blockquote>\n<div class=\"bt-text\">\n\n\n 来源：<a href=\"https://finance.yahoo.com/news/santa-claus-hasnt-forgotten-wall-street-but-beware-2022-s-landmines-morning-brief-101012816.html\">finance.yahoo</a>\n为提升您的阅读体验，我们对本页面进行了排版优化\n\n\n</div>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".DJI":"道琼斯",".IXIC":"NASDAQ Composite",".SPX":"S&P 500 Index"},"source_url":"https://finance.yahoo.com/news/santa-claus-hasnt-forgotten-wall-street-but-beware-2022-s-landmines-morning-brief-101012816.html","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1126080938","content_text":"The rally's intact, but for how much longer is anyone's guess\nThe Santa Claus Rally hasn’t been derailed after all.\nThe North Pole’s jolliest resident — battling his way through the Omicron surge, a hawkish Federal Reserve, weaker consumer spending and the apparent demise of President Biden’s signature domestic legislation that was all but certain to boost growth and inflation — has made his annual pilgrimage to Wall Street, in spite of the odds.\nOnly days ago,the traditional year-end surge in stocks appeared to be in doubt, with markets disquieted by new developments in the COVID-19 pandemic.But Wednesday’s price action, along with confidence data that reflected a nervous yet still resilient consumer,was enough to suggest Old Saint Nick was ready to end the year on a high note.\nThere’s still just over a week left in 2021, and anything can happen between now and December 31. We can’t completely rule out another down day like the one we saw earlier this week, when rising Omicron infections (andWest Virginia’s decidedly maverick senator) were enough to ignite new fears about the economy.\nAt least for the moment, however, the bull case remains intact, even with the latest COVID-19 mutation adding a new dimension to a raging public health crisis, and threatening vulnerable sectors like travel, leisure and dining.\n“We’ve been saying that this is definitely a buy the dip sort of market because we expect more earnings upgrades to come,” Anik Sen, PineBridge Investments’ global head of equities told Yahoo Finance Live on Wednesday. “We think that the real debate should be about the length and strength of the economic cycle ahead.”\nOf course, Omicron is throwing cold water on some of Wall Street’s conventional wisdom, and 2022 is more than likely to see a deceleration in growth. Yet talk of a full-fledged downturn is “premature” at best, according to Michael Sheldon of RDM Financial.\n“We’re in year two of the current economic expansion... over the last several decades, economic expansions typically tend to last a number of years,” Sheldon told Yahoo Finance Live.\nSo in other words, investors should never doubt the U.S. economy’s ability to continue defying gravity in the face of bad news — a lesson most of us should have learned since the brutal yet mercifully brief bear market of 2020.\nYet over at Wisdom Tree, investing gurus Kevin Flanagan and Jeff Weniger have warned that beneath the placid surface of Wall Street’s benchmarks, “real carnage” is taking place that may hold clues about what the future holds once investors are clear of the holidays.\n“Since November 8, small caps are down across the board, with the Russell 2000 growth cohort off about 13%, owing to nearly four-tenths of its stocks operating in the red,” Flanagan and Weniger wrote in a research note, despite strength among tech giants like Apple, Microsoft and Tesla — though the latter has been hammered by CEO Elon Musk’s capricious stock sale.\nTesla’s precipitous slide from $1,200 per share “is disconcerting, and almost entirely related (we think) to the prospect of higher interest rates messing up the discounted cash flow math on Elon Musk’s concept company.”\nEnter a Fed that has found religion on relentless inflationary pressures, with Fed Chairman Jerome Powell all but certain to embark on the central bank’s first rate-hike campaign in over two years.\nThe market is bracing for anywhere between one and three rate hikes, and an end to massive bond purchases that have created “the biggest bubble out there,”Pantera Capital CEO Dan Morehead told Yahoo Finance this week.\nBut how a witches brew of tighter monetary policy, potentially slowing growth, and a still raging pandemic will go down with investors is anyone’s guess.\n“Should Powell become more aggressive in his nascent inflation fight, the market’s action over the last six weeks may indicate the location of 2022’s landmines,” WisdomTree’s Flanagan and Weniger added.\nAnd on that note, Merry Christmas to all, and to all a good night!","news_type":1,"symbols_score_info":{".IXIC":0.9,".DJI":0.9,".SPX":0.9}},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":7089385,"gmtCreate":1640257567431,"gmtModify":1640257567465,"authorId":3582010039361860,"author":{"id":3582010039361860,"idStr":"3582010039361860","authorId":3582010039361860,"name":"ngjr90","avatar":"https://static.tigerbbs.com/2904905ef5b1f52f808bd60775612fea","vip":1,"crmLevel":2,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":698033065,"type":1,"supId":0,"prevId":0,"content":"li ke","text":"li ke","html":"li ke"},{"id":7089363,"gmtCreate":1640257229834,"gmtModify":1640257229928,"authorId":3581493206135613,"author":{"id":3581493206135613,"idStr":"3581493206135613","authorId":3581493206135613,"name":"Ccl2","avatar":"https://static.tigerbbs.com/d42f34da4e87e15b0fca1740d5c0310a","vip":1,"crmLevel":12,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":698033065,"type":1,"supId":0,"prevId":0,"content":"Like","text":"Like","html":"Like"}],"langContent":"CN"}],"hasMoreComments":true,"newsSizeData":{"likeSize":28,"commentSize":11,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"isCrawlerRequest":true}