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- JL1982JL1982
  ·2021-09-21
  3rd coming so fast standby your bullets!
  Evergrande isn’t the only reason the stock market is headed for its worst day in 2 months. Here are 5 other reasons<blockquote>恒大并不是股市走向两个月来最糟糕一天的唯一原因。以下是另外 5 个原因</blockquote>
  U.S. stock benchmarks were on track to post the worst daily drop in more than two months, with the s
  Evergrande isn’t the only reason the stock market is headed for its worst day in 2 months. Here are 5 other reasons<blockquote>恒大并不是股市走向两个月来最糟糕一天的唯一原因。以下是另外 5 个原因</blockquote>
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- JL1982JL1982
  ·2021-08-17
  Buy some & keep! Save some bullet for year end too!
  China Tech Stocks Slump as Nation Issues Draft Competition Rules<blockquote>随着国家发布竞争规则草案，中国科技股暴跌</blockquote>
  A wave of selling in China’s bellwether technology stocks continued for a fifth day, following Beijing’s latest moves to tighten its grip on the nation’s internet giants.China tech stocks slump in premarket trading, after China’s market regulator issued draft rules banning unfair competition among the nation’s online platform operators.The wide-ranging proposals released Tuesday come after the tech-industry ministry launched a campaign last month aimed at rooting out a raft of problematic behav
  China Tech Stocks Slump as Nation Issues Draft Competition Rules<blockquote>随着国家发布竞争规则草案，中国科技股暴跌</blockquote>
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- JL1982JL1982
  ·2021-08-06
  Long term investments definitely better then bank interest rates 🤑
  The S&P 500 Can Rise Another 6% This Year, Goldman Sachs Says. Why It’s So Upbeat.<blockquote>高盛表示，标普500今年可能再上涨6%。为什么这么乐观。</blockquote>
  Goldman Sachs strategists raised their target for the S&P 500, saying corporate earnings have been t
  The S&P 500 Can Rise Another 6% This Year, Goldman Sachs Says. Why It’s So Upbeat.<blockquote>高盛表示，标普500今年可能再上涨6%。为什么这么乐观。</blockquote>
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Here are 5 other reasons<blockquote>恒大并不是股市走向两个月来最糟糕一天的唯一原因。以下是另外 5 个原因</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1147005019","media":"marketwatch","summary":"U.S. stock benchmarks were on track to post the worst daily drop in more than two months, with the s","content":"<p>U.S. stock benchmarks were on track to post the worst daily drop in more than two months, with the skid being blamed on the potential collapse of Evergrande. The Chinese property giant is threatening to default on $300 billion in debt that could ripple through global markets.</p><p><blockquote>美国股市基准有望创下两个多月以来最严重的单日跌幅，跌幅被归咎于恒大集团的潜在崩溃。这家中国房地产巨头威胁要拖欠 3000 亿美元的债务，这可能会波及全球市场。</blockquote></p><p> The Dow Jones Industrial AverageDJIA,-1.31%,the S&amp;P 500 indexSPX,-1.42%and the Nasdaq CompositeCOMP,-1.75%indexes were all facing sharp declines at Monday’s open.</p><p><blockquote>道琼斯工业平均指数（-1.31%）、标普500指数（-1.42%）和纳斯达克综合指数（-1.75%）周一开盘均面临大幅下跌。</blockquote></p><p> However, the sharp downturn by the highly leveraged real-estate sector, which the Financial Times notes makes up more than 28% of China’s economy, isn’t the only problem for markets on Monday.</p><p><blockquote>然而，《金融时报》指出，高杠杆房地产行业的急剧下滑并不是周一市场面临的唯一问题，该行业占中国经济的 28% 以上。</blockquote></p><p> Here are a few others.</p><p><blockquote>这里还有几个。</blockquote></p><p> <b>Delta woes</b></p><p><blockquote><b>三角洲灾难</b></blockquote></p><p> The delta variant of COVID-19 is resulting in higher cases in the world’s largest economy.</p><p><blockquote>COVID-19 的德尔塔变异毒株导致世界最大经济体的病例增加。</blockquote></p><p> The U.S. is now averaging more than 2,000 deaths daily,&nbsp;according to a New York Times tracker,&nbsp;the most since March 1, and consist almost entirely of unvaccinated people. Florida, which has vaccinated 56% of its population, is averaging 353 deaths a day. Texas, where 50% of the population is inoculated, is seeing 286 deaths a day, according to the Times. The two states account for more than 30% of all COVID-19 deaths since March 1.</p><p><blockquote>根据《纽约时报》追踪者的数据，美国目前平均每天有超过 2,000 人死亡，这是自 3 月 1 日以来的最高值，而且几乎全部由未接种疫苗的人组成。佛罗里达州已经为56%的人口接种了疫苗，平均每天有353人死亡。据《泰晤士报》报道，德克萨斯州 50% 的人口接种了疫苗，每天有 286 人死亡。自3月1日以来，这两个州占所有新冠肺炎死亡人数的30%以上。</blockquote></p><p> <b>Fed taper talk</b></p><p><blockquote><b>美联储缩减规模谈话</b></blockquote></p><p> Markets are fixatedon the rate-setting Federal Open Market Committee’s Sept. 21-22 meeting, where Fed officials facing the prospect of removing accommodations that have propped markets up since the start of the COVID-19 pandemic in the U.S., even as the economic rebound looks uneven.</p><p><blockquote>市场正密切关注制定利率的联邦公开市场委员会（Federal Open Market Committee）9月21日至22日的会议，美联储官员将面临取消自美国COVID-19大流行开始以来支撑市场的宽松政策的前景，尽管经济反弹看起来并不平衡。</blockquote></p><p> The Fed has been buying $80 billion of Treasurys and $40 billion of mortgage-backed securities each month since last June to keep long-term interest rates low and bolster demand. It said it would maintain the purchases until the economy hit a threshold of “substantial” progress on inflation and the labor market and the question the market is weighing is whether the time for tapering those asset purchases is now.</p><p><blockquote>自去年6月以来，美联储每月购买800亿美元国债和400亿美元抵押贷款支持证券，以保持长期利率较低并提振需求。该公司表示，将维持购买，直到经济在通胀和劳动力市场方面达到 “实质性 ”进展的门槛，而市场正在权衡的问题是，现在是否是缩减这些资产购买的时机。</blockquote></p><p> A number of Fed officials have expressed a desire to announce tapering at its September meeting and begin the initiative before year-end, with an eye toward concluding it by 2022.</p><p><blockquote>一些美联储官员表示希望在 9 月份的会议上宣布缩减规模，并在年底前开始实施该计划，以期在 2022 年之前完成。</blockquote></p><p> Investors are anxious about the timetable for such reductions and are also looking out forany signals of an interest-rate increase in 2022.</p><p><blockquote>投资者对此类降息的时间表感到焦虑，也在关注 2022 年加息的任何迹象。</blockquote></p><p> <b>Debt ceiling</b></p><p><blockquote><b>债务上限</b></blockquote></p><p> On Sunday, U.S. Treasury Secretary Janet Yellen urged Congress to raise or suspend the nation’s debt ceiling or risk “widespread economic catastrophe.”</p><p><blockquote>周日，美国财政部长珍妮特-耶伦（Janet Yellen）敦促国会提高或暂停国家债务上限，否则将面临 “大范围经济灾难 ”的风险。</blockquote></p><p> In&nbsp;an op-ed column published by The Wall Street Journal, Yellen noted that the U.S. has never defaulted, and said it must not now.</p><p><blockquote>耶伦在《华尔街日报》发表的一篇专栏文章中指出，美国从未违约，并表示现在绝不能违约。</blockquote></p><p> Congress has raised or suspended the debt limit about 80 times since 1960, Yellen said, and during the Trump administration Democrats agreed three times to suspend the debt ceiling.</p><p><blockquote>耶伦说，自1960年以来，国会已经提高或暂停了大约80次债务上限，在特朗普执政期间，民主党人三次同意暂停债务上限。</blockquote></p><p> The country’s accumulated debt is about $28.4 trillion.</p><p><blockquote>该国累计债务约为 28.4 万亿美元。</blockquote></p><p> <b>September season</b></p><p><blockquote><b>九月季节</b></blockquote></p><p> There is a growing sense that valuations are rich and the Federal Reserve’s easy-money punchbowl will soon be yanked away at the worst possible time. Seasonally, September has been one of the worst months for stocks and investors think that the market might trade true to trend.</p><p><blockquote>人们越来越认为，估值很高，美联储的宽松货币碗很快就会在最糟糕的时候被抢走。从季节性角度来看，9 月份是股市表现最糟糕的月份之一，投资者认为市场可能会按照趋势进行交易。</blockquote></p><p> <b>A correction is due</b></p><p><blockquote><b>应进行更正</b></blockquote></p><p> Strategists think that the market is due for a significant pullback as the S&amp;P 500 has marked more than 200 sessions without a drawdown of 5% or more from a recent peak, making the current stretch of levitation the longest such since around 2016, when the market went 404 sessions without falling byat least 5% peak to trough.</p><p><blockquote>策略师认为，市场将出现大幅回调，因为标普500已经连续 200 多个交易日没有从最近的峰值下跌 5% 或更多，这使得当前的悬浮期成为自 2016 年左右以来最长的悬浮期，当时市场已经连续 404 个交易日没有下跌至少 5% 的峰谷。</blockquote></p><p></p>","source":"lsy1603348471595","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Evergrande isn’t the only reason the stock market is headed for its worst day in 2 months. 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Here are 5 other reasons<blockquote>恒大并不是股市走向两个月来最糟糕一天的唯一原因。以下是另外 5 个原因</blockquote>\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">marketwatch</strong><span class=\"h-time small\">2021-09-20 22:09</span>\n</p>\n</h4>\n</header>\n<article>\n<p>U.S. stock benchmarks were on track to post the worst daily drop in more than two months, with the skid being blamed on the potential collapse of Evergrande. The Chinese property giant is threatening to default on $300 billion in debt that could ripple through global markets.</p><p><blockquote>美国股市基准有望创下两个多月以来最严重的单日跌幅，跌幅被归咎于恒大集团的潜在崩溃。这家中国房地产巨头威胁要拖欠 3000 亿美元的债务，这可能会波及全球市场。</blockquote></p><p> The Dow Jones Industrial AverageDJIA,-1.31%,the S&amp;P 500 indexSPX,-1.42%and the Nasdaq CompositeCOMP,-1.75%indexes were all facing sharp declines at Monday’s open.</p><p><blockquote>道琼斯工业平均指数（-1.31%）、标普500指数（-1.42%）和纳斯达克综合指数（-1.75%）周一开盘均面临大幅下跌。</blockquote></p><p> However, the sharp downturn by the highly leveraged real-estate sector, which the Financial Times notes makes up more than 28% of China’s economy, isn’t the only problem for markets on Monday.</p><p><blockquote>然而，《金融时报》指出，高杠杆房地产行业的急剧下滑并不是周一市场面临的唯一问题，该行业占中国经济的 28% 以上。</blockquote></p><p> Here are a few others.</p><p><blockquote>这里还有几个。</blockquote></p><p> <b>Delta woes</b></p><p><blockquote><b>三角洲灾难</b></blockquote></p><p> The delta variant of COVID-19 is resulting in higher cases in the world’s largest economy.</p><p><blockquote>COVID-19 的德尔塔变异毒株导致世界最大经济体的病例增加。</blockquote></p><p> The U.S. is now averaging more than 2,000 deaths daily,&nbsp;according to a New York Times tracker,&nbsp;the most since March 1, and consist almost entirely of unvaccinated people. Florida, which has vaccinated 56% of its population, is averaging 353 deaths a day. Texas, where 50% of the population is inoculated, is seeing 286 deaths a day, according to the Times. The two states account for more than 30% of all COVID-19 deaths since March 1.</p><p><blockquote>根据《纽约时报》追踪者的数据，美国目前平均每天有超过 2,000 人死亡，这是自 3 月 1 日以来的最高值，而且几乎全部由未接种疫苗的人组成。佛罗里达州已经为56%的人口接种了疫苗，平均每天有353人死亡。据《泰晤士报》报道，德克萨斯州 50% 的人口接种了疫苗，每天有 286 人死亡。自3月1日以来，这两个州占所有新冠肺炎死亡人数的30%以上。</blockquote></p><p> <b>Fed taper talk</b></p><p><blockquote><b>美联储缩减规模谈话</b></blockquote></p><p> Markets are fixatedon the rate-setting Federal Open Market Committee’s Sept. 21-22 meeting, where Fed officials facing the prospect of removing accommodations that have propped markets up since the start of the COVID-19 pandemic in the U.S., even as the economic rebound looks uneven.</p><p><blockquote>市场正密切关注制定利率的联邦公开市场委员会（Federal Open Market Committee）9月21日至22日的会议，美联储官员将面临取消自美国COVID-19大流行开始以来支撑市场的宽松政策的前景，尽管经济反弹看起来并不平衡。</blockquote></p><p> The Fed has been buying $80 billion of Treasurys and $40 billion of mortgage-backed securities each month since last June to keep long-term interest rates low and bolster demand. It said it would maintain the purchases until the economy hit a threshold of “substantial” progress on inflation and the labor market and the question the market is weighing is whether the time for tapering those asset purchases is now.</p><p><blockquote>自去年6月以来，美联储每月购买800亿美元国债和400亿美元抵押贷款支持证券，以保持长期利率较低并提振需求。该公司表示，将维持购买，直到经济在通胀和劳动力市场方面达到 “实质性 ”进展的门槛，而市场正在权衡的问题是，现在是否是缩减这些资产购买的时机。</blockquote></p><p> A number of Fed officials have expressed a desire to announce tapering at its September meeting and begin the initiative before year-end, with an eye toward concluding it by 2022.</p><p><blockquote>一些美联储官员表示希望在 9 月份的会议上宣布缩减规模，并在年底前开始实施该计划，以期在 2022 年之前完成。</blockquote></p><p> Investors are anxious about the timetable for such reductions and are also looking out forany signals of an interest-rate increase in 2022.</p><p><blockquote>投资者对此类降息的时间表感到焦虑，也在关注 2022 年加息的任何迹象。</blockquote></p><p> <b>Debt ceiling</b></p><p><blockquote><b>债务上限</b></blockquote></p><p> On Sunday, U.S. Treasury Secretary Janet Yellen urged Congress to raise or suspend the nation’s debt ceiling or risk “widespread economic catastrophe.”</p><p><blockquote>周日，美国财政部长珍妮特-耶伦（Janet Yellen）敦促国会提高或暂停国家债务上限，否则将面临 “大范围经济灾难 ”的风险。</blockquote></p><p> In&nbsp;an op-ed column published by The Wall Street Journal, Yellen noted that the U.S. has never defaulted, and said it must not now.</p><p><blockquote>耶伦在《华尔街日报》发表的一篇专栏文章中指出，美国从未违约，并表示现在绝不能违约。</blockquote></p><p> Congress has raised or suspended the debt limit about 80 times since 1960, Yellen said, and during the Trump administration Democrats agreed three times to suspend the debt ceiling.</p><p><blockquote>耶伦说，自1960年以来，国会已经提高或暂停了大约80次债务上限，在特朗普执政期间，民主党人三次同意暂停债务上限。</blockquote></p><p> The country’s accumulated debt is about $28.4 trillion.</p><p><blockquote>该国累计债务约为 28.4 万亿美元。</blockquote></p><p> <b>September season</b></p><p><blockquote><b>九月季节</b></blockquote></p><p> There is a growing sense that valuations are rich and the Federal Reserve’s easy-money punchbowl will soon be yanked away at the worst possible time. Seasonally, September has been one of the worst months for stocks and investors think that the market might trade true to trend.</p><p><blockquote>人们越来越认为，估值很高，美联储的宽松货币碗很快就会在最糟糕的时候被抢走。从季节性角度来看，9 月份是股市表现最糟糕的月份之一，投资者认为市场可能会按照趋势进行交易。</blockquote></p><p> <b>A correction is due</b></p><p><blockquote><b>应进行更正</b></blockquote></p><p> Strategists think that the market is due for a significant pullback as the S&amp;P 500 has marked more than 200 sessions without a drawdown of 5% or more from a recent peak, making the current stretch of levitation the longest such since around 2016, when the market went 404 sessions without falling byat least 5% peak to trough.</p><p><blockquote>策略师认为，市场将出现大幅回调，因为标普500已经连续 200 多个交易日没有从最近的峰值下跌 5% 或更多，这使得当前的悬浮期成为自 2016 年左右以来最长的悬浮期，当时市场已经连续 404 个交易日没有下跌至少 5% 的峰谷。</blockquote></p><p></p>\n<div class=\"bt-text\">\n\n\n<p> 来源：<a href=\"https://www.marketwatch.com/story/evergrande-isnt-the-only-reason-the-stock-market-is-headed-for-its-worst-day-in-2-months-here-are-5-other-reasons-11632146759?mod=hp_LATEST\">marketwatch</a></p>\n<p>为提升您的阅读体验，我们对本页面进行了排版优化</p>\n\n\n</div>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".DJI":"道琼斯",".IXIC":"NASDAQ Composite","SPY":"标普500ETF",".SPX":"S&P 500 Index"},"source_url":"https://www.marketwatch.com/story/evergrande-isnt-the-only-reason-the-stock-market-is-headed-for-its-worst-day-in-2-months-here-are-5-other-reasons-11632146759?mod=hp_LATEST","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1147005019","content_text":"U.S. stock benchmarks were on track to post the worst daily drop in more than two months, with the skid being blamed on the potential collapse of Evergrande. The Chinese property giant is threatening to default on $300 billion in debt that could ripple through global markets.\nThe Dow Jones Industrial AverageDJIA,-1.31%,the S&P 500 indexSPX,-1.42%and the Nasdaq CompositeCOMP,-1.75%indexes were all facing sharp declines at Monday’s open.\nHowever, the sharp downturn by the highly leveraged real-estate sector, which the Financial Times notes makes up more than 28% of China’s economy, isn’t the only problem for markets on Monday.\nHere are a few others.\nDelta woes\nThe delta variant of COVID-19 is resulting in higher cases in the world’s largest economy.\nThe U.S. is now averaging more than 2,000 deaths daily, according to a New York Times tracker, the most since March 1, and consist almost entirely of unvaccinated people. Florida, which has vaccinated 56% of its population, is averaging 353 deaths a day. Texas, where 50% of the population is inoculated, is seeing 286 deaths a day, according to the Times. The two states account for more than 30% of all COVID-19 deaths since March 1.\nFed taper talk\nMarkets are fixatedon the rate-setting Federal Open Market Committee’s Sept. 21-22 meeting, where Fed officials facing the prospect of removing accommodations that have propped markets up since the start of the COVID-19 pandemic in the U.S., even as the economic rebound looks uneven.\nThe Fed has been buying $80 billion of Treasurys and $40 billion of mortgage-backed securities each month since last June to keep long-term interest rates low and bolster demand. It said it would maintain the purchases until the economy hit a threshold of “substantial” progress on inflation and the labor market and the question the market is weighing is whether the time for tapering those asset purchases is now.\nA number of Fed officials have expressed a desire to announce tapering at its September meeting and begin the initiative before year-end, with an eye toward concluding it by 2022.\nInvestors are anxious about the timetable for such reductions and are also looking out forany signals of an interest-rate increase in 2022.\nDebt ceiling\nOn Sunday, U.S. Treasury Secretary Janet Yellen urged Congress to raise or suspend the nation’s debt ceiling or risk “widespread economic catastrophe.”\nIn an op-ed column published by The Wall Street Journal, Yellen noted that the U.S. has never defaulted, and said it must not now.\nCongress has raised or suspended the debt limit about 80 times since 1960, Yellen said, and during the Trump administration Democrats agreed three times to suspend the debt ceiling.\nThe country’s accumulated debt is about $28.4 trillion.\nSeptember season\nThere is a growing sense that valuations are rich and the Federal Reserve’s easy-money punchbowl will soon be yanked away at the worst possible time. Seasonally, September has been one of the worst months for stocks and investors think that the market might trade true to trend.\nA correction is due\nStrategists think that the market is due for a significant pullback as the S&P 500 has marked more than 200 sessions without a drawdown of 5% or more from a recent peak, making the current stretch of levitation the longest such since around 2016, when the market went 404 sessions without falling byat least 5% peak to trough.","news_type":1,"symbols_score_info":{".SPX":0.9,".IXIC":0.9,".DJI":0.9,"SPY":0.9}},"isVote":1,"tweetType":1,"viewCount":1952,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":833306060,"gmtCreate":1629202592750,"gmtModify":1633686623479,"author":{"id":"4091269321214940","authorId":"4091269321214940","name":"JL1982","avatar":"https://static.tigerbbs.com/69054a14cd1dbb23393e41416d2fd3cf","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"4091269321214940","idStr":"4091269321214940"},"themes":[],"title":"","htmlText":"Buy some &amp; keep!&nbsp;Save some bullet for year end too!","listText":"Buy some &amp; keep!&nbsp;Save some bullet for year end too!","text":"Buy some & keep! Save some bullet for year end too!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/833306060","repostId":"1163960572","repostType":4,"repost":{"id":"1163960572","kind":"news","weMediaInfo":{"introduction":"Providing stock market headlines, business news, financials and earnings ","home_visible":1,"media_name":"Tiger Newspress","id":"1079075236","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"pubTimestamp":1629187531,"share":"https://www.laohu8.com/m/news/1163960572?lang=zh_CN&edition=full","pubTime":"2021-08-17 16:05","market":"us","language":"en","title":"China Tech Stocks Slump as Nation Issues Draft Competition Rules<blockquote>随着国家发布竞争规则草案，中国科技股暴跌</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1163960572","media":"Tiger Newspress","summary":" A wave of selling in China’s bellwether technology stocks continued for a fifth day, following Beijing’s latest moves to tighten its grip on the nation’s internet giants.China tech stocks slump in premarket trading, after China’s market regulator issued draft rules banning unfair competition among the nation’s online platform operators.The wide-ranging proposals released Tuesday come after the tech-industry ministry launched a campaign last month aimed at rooting out a raft of problematic behav","content":"<p>(Aug 17)&nbsp;A wave of selling in China’s bellwether technology stocks continued for a fifth day, following Beijing’s latest moves to tighten its grip on the nation’s internet giants.</p><p><blockquote>（8月17日）在北京采取最新举措加强对中国互联网巨头的控制后，中国领头羊科技股的抛售浪潮连续第五天持续。</blockquote></p><p> China tech stocks slump in premarket trading, after China’s market regulator issued draft rules banning unfair competition among the nation’s online platform operators.</p><p><blockquote>在中国市场监管机构发布禁止中国在线平台运营商之间不公平竞争的规则草案后，中国科技股在盘前交易中暴跌。</blockquote></p><p> Baidu Inc.&nbsp;fell more than&nbsp;2% while&nbsp;Alibaba Group Holding Ltd.&nbsp;dropped by at least 3%. That followed Monday’sselloffin Chinese online game firms in the wake of state media criticism of the sector, which spilled over into U.S. trading&nbsp;overnight&nbsp;as the Securities and Exchange Commissionwarnedabout the risks of investing in Chinese stocks.</p><p><blockquote>百度公司下跌超过2%，阿里巴巴-SW集团控股有限公司下跌至少3%。此前，中国网络游戏公司周一因官方媒体对该行业的批评而遭到抛售，随着美国证券交易委员会警告投资中国股票的风险，该行业一夜之间蔓延到美国交易。</blockquote></p><p> <img src=\"https://static.tigerbbs.com/6ad16a2d4c06459a94762f22c1916b01\" tg-width=\"371\" tg-height=\"683\" referrerpolicy=\"no-referrer\">The wide-ranging proposals released Tuesday come after the tech-industry ministry launched a campaign last month aimed at rooting out a raft of&nbsp;problematic&nbsp;behavior. It follows moves by Beijing to rein in the country’s internet leaders in areas from antitrust to data security and ride-hailing.</p><p><blockquote>周二发布的广泛提案是在科技工业部上个月发起一项旨在根除大量问题行为的运动之后发布的。此前，北京方面采取行动，在反垄断、数据安全和网约车等领域遏制中国互联网领导者。</blockquote></p><p></p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>China Tech Stocks Slump as Nation Issues Draft Competition Rules<blockquote>随着国家发布竞争规则草案，中国科技股暴跌</blockquote></title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 12.5px; color: #7E829C; margin: 0;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nChina Tech Stocks Slump as Nation Issues Draft Competition Rules<blockquote>随着国家发布竞争规则草案，中国科技股暴跌</blockquote>\n</h2>\n<h4 class=\"meta\">\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time smaller\">2021-08-17 16:05</p>\n</div>\n</a>\n</h4>\n</header>\n<article>\n<p>(Aug 17)&nbsp;A wave of selling in China’s bellwether technology stocks continued for a fifth day, following Beijing’s latest moves to tighten its grip on the nation’s internet giants.</p><p><blockquote>（8月17日）在北京采取最新举措加强对中国互联网巨头的控制后，中国领头羊科技股的抛售浪潮连续第五天持续。</blockquote></p><p> China tech stocks slump in premarket trading, after China’s market regulator issued draft rules banning unfair competition among the nation’s online platform operators.</p><p><blockquote>在中国市场监管机构发布禁止中国在线平台运营商之间不公平竞争的规则草案后，中国科技股在盘前交易中暴跌。</blockquote></p><p> Baidu Inc.&nbsp;fell more than&nbsp;2% while&nbsp;Alibaba Group Holding Ltd.&nbsp;dropped by at least 3%. That followed Monday’sselloffin Chinese online game firms in the wake of state media criticism of the sector, which spilled over into U.S. trading&nbsp;overnight&nbsp;as the Securities and Exchange Commissionwarnedabout the risks of investing in Chinese stocks.</p><p><blockquote>百度公司下跌超过2%，阿里巴巴-SW集团控股有限公司下跌至少3%。此前，中国网络游戏公司周一因官方媒体对该行业的批评而遭到抛售，随着美国证券交易委员会警告投资中国股票的风险，该行业一夜之间蔓延到美国交易。</blockquote></p><p> <img src=\"https://static.tigerbbs.com/6ad16a2d4c06459a94762f22c1916b01\" tg-width=\"371\" tg-height=\"683\" referrerpolicy=\"no-referrer\">The wide-ranging proposals released Tuesday come after the tech-industry ministry launched a campaign last month aimed at rooting out a raft of&nbsp;problematic&nbsp;behavior. It follows moves by Beijing to rein in the country’s internet leaders in areas from antitrust to data security and ride-hailing.</p><p><blockquote>周二发布的广泛提案是在科技工业部上个月发起一项旨在根除大量问题行为的运动之后发布的。此前，北京方面采取行动，在反垄断、数据安全和网约车等领域遏制中国互联网领导者。</blockquote></p><p></p>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1163960572","content_text":"(Aug 17) A wave of selling in China’s bellwether technology stocks continued for a fifth day, following Beijing’s latest moves to tighten its grip on the nation’s internet giants.\nChina tech stocks slump in premarket trading, after China’s market regulator issued draft rules banning unfair competition among the nation’s online platform operators.\nBaidu Inc. fell more than 2% while Alibaba Group Holding Ltd. dropped by at least 3%. That followed Monday’sselloffin Chinese online game firms in the wake of state media criticism of the sector, which spilled over into U.S. trading overnight as the Securities and Exchange Commissionwarnedabout the risks of investing in Chinese stocks.\nThe wide-ranging proposals released Tuesday come after the tech-industry ministry launched a campaign last month aimed at rooting out a raft of problematic behavior. It follows moves by Beijing to rein in the country’s internet leaders in areas from antitrust to data security and ride-hailing.","news_type":1,"symbols_score_info":{}},"isVote":1,"tweetType":1,"viewCount":2391,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":893898808,"gmtCreate":1628252876404,"gmtModify":1633752242878,"author":{"id":"4091269321214940","authorId":"4091269321214940","name":"JL1982","avatar":"https://static.tigerbbs.com/69054a14cd1dbb23393e41416d2fd3cf","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"4091269321214940","idStr":"4091269321214940"},"themes":[],"title":"","htmlText":"Long term investments definitely better then bank interest rates 🤑","listText":"Long term investments definitely better then bank interest rates 🤑","text":"Long term investments definitely better then bank interest rates 🤑","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":5,"repostSize":0,"link":"https://laohu8.com/post/893898808","repostId":"1188253337","repostType":4,"repost":{"id":"1188253337","kind":"news","pubTimestamp":1628216944,"share":"https://www.laohu8.com/m/news/1188253337?lang=zh_CN&edition=full","pubTime":"2021-08-06 10:29","market":"us","language":"en","title":"The S&P 500 Can Rise Another 6% This Year, Goldman Sachs Says. Why It’s So Upbeat.<blockquote>高盛表示，标普500今年可能再上涨6%。为什么这么乐观。</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1188253337","media":"Barrons","summary":"Goldman Sachs strategists raised their target for the S&P 500, saying corporate earnings have been t","content":"<p>Goldman Sachs strategists raised their target for the S&amp;P 500, saying corporate earnings have been too strong to ignore and that bond yields are remaining stubbornly low.</p><p><blockquote>高盛策略师上调了标普500的目标，称企业盈利强劲，不容忽视，债券收益率仍居高不下。</blockquote></p><p> The investment bank now says the market benchmark could reach 4700 by year-end, up from its previous call of 4300. That implies a gain of just over 6% from the index’s current level.</p><p><blockquote>该投资银行现在表示，到年底，市场基准可能会达到4700点，高于之前4300点的看涨期权。这意味着该指数较当前水平上涨略高于6%。</blockquote></p><p> One of the main factors behind the more upbeat view is that second-quarter earnings are coming in far higher than expected, exceeding expectations&nbsp;by historically wide margins. The Goldman strategists now expect aggregate earnings per share for companies in the S&amp;P 500 will be $207 this year, up from a previous forecast of $193. For 2022, they are expecting aggregate EPS of $212, up from $202.</p><p><blockquote>更为乐观的观点背后的主要因素之一是第二季度盈利远高于预期，超出预期的幅度为历史上较大。高盛策略师目前预计，标普500公司今年的每股总收益将为207美元，高于此前预测的193美元。他们预计2022年总每股收益为212美元，高于202美元。</blockquote></p><p> The forecasts represent respective year-over-year growth of 45% and 2%, as pent-up demand drives this year’s profits past 2019 levels, before growth moderates in 2022. The strategists incorporated a corporate tax-rate increase into their 2022 profit projection, reducing it slightly.</p><p><blockquote>预测分别为45%和2%的同比增长，因为被压抑的需求推动今年的利润超过2019年的水平，然后增长将在2022年放缓。策略师将企业税率上调纳入2022年利润预测中，并略有降低。</blockquote></p><p> The other key consideration is that valuations could remain fairly high because&nbsp;bond yields remain low. Goldman sees stocks in the index trading at an average of 22.1 times the per-share earnings expected for the 2022, slightly higher than the current 21 times. Low bond yields reduce the appeal of investing in fixed-income securities, as well as increasing the current value of future profits.</p><p><blockquote>另一个关键考虑因素是，由于债券收益率仍然较低，估值可能仍然相当高。高盛预计该指数股票的平均交易价格是2022年每股收益预期的22.1倍，略高于目前的21倍。低债券收益率降低了投资固定收益证券的吸引力，也增加了未来利润的现值。</blockquote></p><p> “Lower interest rates than expected support a stable forward P/E multiple of 22x,” wrote David Kostin, Goldman Sachs’ chief U.S. equity strategist.</p><p><blockquote>高盛首席美国股票策略师David Kostin写道：“低于预期的利率支撑了22倍的稳定预期市盈率。”</blockquote></p><p> The strategists lowered their forecast for the 10-year Treasury yield to 1.6% from 1.9% by year-end. Yields are now at 1.2%, even as inflation expectations have risen and some market participants have seen buying the debt as a good trade.</p><p><blockquote>策略师将年底前10年期国债收益率预期从1.9%下调至1.6%。尽管通胀预期上升，一些市场参与者认为购买债券是一笔不错的交易，但收益率目前仍为1.2%。</blockquote></p><p> <b>I</b>nflation is expected to be a bit over 2% for the long term, according to St. Louis Fed data, and bond investors usually demand a return greater than the rate of inflation. But the 10-year Treasury yield has remained far below expected inflation, even after a period during which some investors were&nbsp;piling into the debt, sending the price up and the yield down.</p><p><blockquote><b>我</b>根据圣路易斯联储的数据，长期通胀率预计将略高于2%，债券投资者通常要求高于通胀率的回报。但10年期国债收益率仍远低于预期通胀，即使在一些投资者大量买入债券导致价格上涨和收益率下降的一段时间之后。</blockquote></p><p> Goldman’s 2021 target for the S&amp;P 500 implies an earnings yield for stocks that would be 3 percentage points higher than what investors can get from bonds at 1.6%. And that makes stock valuations look reasonable.</p><p><blockquote>高盛2021年标普500目标意味着股票收益率将比投资者从债券中获得的1.6%高出3个百分点。这使得股票估值看起来合理。</blockquote></p><p> The current Goldilocks environment—a sturdy economy, but with low bond yields—is keeping stocks in favor.</p><p><blockquote>当前的金发姑娘环境——经济强劲，但债券收益率较低——使股市受到青睐。</blockquote></p><p></p>","source":"lsy1601382232898","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>The S&P 500 Can Rise Another 6% This Year, Goldman Sachs Says. Why It’s So Upbeat.<blockquote>高盛表示，标普500今年可能再上涨6%。为什么这么乐观。</blockquote></title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 12.5px; color: #7E829C; margin: 0;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nThe S&P 500 Can Rise Another 6% This Year, Goldman Sachs Says. Why It’s So Upbeat.<blockquote>高盛表示，标普500今年可能再上涨6%。为什么这么乐观。</blockquote>\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">Barrons</strong><span class=\"h-time small\">2021-08-06 10:29</span>\n</p>\n</h4>\n</header>\n<article>\n<p>Goldman Sachs strategists raised their target for the S&amp;P 500, saying corporate earnings have been too strong to ignore and that bond yields are remaining stubbornly low.</p><p><blockquote>高盛策略师上调了标普500的目标，称企业盈利强劲，不容忽视，债券收益率仍居高不下。</blockquote></p><p> The investment bank now says the market benchmark could reach 4700 by year-end, up from its previous call of 4300. That implies a gain of just over 6% from the index’s current level.</p><p><blockquote>该投资银行现在表示，到年底，市场基准可能会达到4700点，高于之前4300点的看涨期权。这意味着该指数较当前水平上涨略高于6%。</blockquote></p><p> One of the main factors behind the more upbeat view is that second-quarter earnings are coming in far higher than expected, exceeding expectations&nbsp;by historically wide margins. The Goldman strategists now expect aggregate earnings per share for companies in the S&amp;P 500 will be $207 this year, up from a previous forecast of $193. For 2022, they are expecting aggregate EPS of $212, up from $202.</p><p><blockquote>更为乐观的观点背后的主要因素之一是第二季度盈利远高于预期，超出预期的幅度为历史上较大。高盛策略师目前预计，标普500公司今年的每股总收益将为207美元，高于此前预测的193美元。他们预计2022年总每股收益为212美元，高于202美元。</blockquote></p><p> The forecasts represent respective year-over-year growth of 45% and 2%, as pent-up demand drives this year’s profits past 2019 levels, before growth moderates in 2022. The strategists incorporated a corporate tax-rate increase into their 2022 profit projection, reducing it slightly.</p><p><blockquote>预测分别为45%和2%的同比增长，因为被压抑的需求推动今年的利润超过2019年的水平，然后增长将在2022年放缓。策略师将企业税率上调纳入2022年利润预测中，并略有降低。</blockquote></p><p> The other key consideration is that valuations could remain fairly high because&nbsp;bond yields remain low. Goldman sees stocks in the index trading at an average of 22.1 times the per-share earnings expected for the 2022, slightly higher than the current 21 times. Low bond yields reduce the appeal of investing in fixed-income securities, as well as increasing the current value of future profits.</p><p><blockquote>另一个关键考虑因素是，由于债券收益率仍然较低，估值可能仍然相当高。高盛预计该指数股票的平均交易价格是2022年每股收益预期的22.1倍，略高于目前的21倍。低债券收益率降低了投资固定收益证券的吸引力，也增加了未来利润的现值。</blockquote></p><p> “Lower interest rates than expected support a stable forward P/E multiple of 22x,” wrote David Kostin, Goldman Sachs’ chief U.S. equity strategist.</p><p><blockquote>高盛首席美国股票策略师David Kostin写道：“低于预期的利率支撑了22倍的稳定预期市盈率。”</blockquote></p><p> The strategists lowered their forecast for the 10-year Treasury yield to 1.6% from 1.9% by year-end. Yields are now at 1.2%, even as inflation expectations have risen and some market participants have seen buying the debt as a good trade.</p><p><blockquote>策略师将年底前10年期国债收益率预期从1.9%下调至1.6%。尽管通胀预期上升，一些市场参与者认为购买债券是一笔不错的交易，但收益率目前仍为1.2%。</blockquote></p><p> <b>I</b>nflation is expected to be a bit over 2% for the long term, according to St. Louis Fed data, and bond investors usually demand a return greater than the rate of inflation. But the 10-year Treasury yield has remained far below expected inflation, even after a period during which some investors were&nbsp;piling into the debt, sending the price up and the yield down.</p><p><blockquote><b>我</b>根据圣路易斯联储的数据，长期通胀率预计将略高于2%，债券投资者通常要求高于通胀率的回报。但10年期国债收益率仍远低于预期通胀，即使在一些投资者大量买入债券导致价格上涨和收益率下降的一段时间之后。</blockquote></p><p> Goldman’s 2021 target for the S&amp;P 500 implies an earnings yield for stocks that would be 3 percentage points higher than what investors can get from bonds at 1.6%. And that makes stock valuations look reasonable.</p><p><blockquote>高盛2021年标普500目标意味着股票收益率将比投资者从债券中获得的1.6%高出3个百分点。这使得股票估值看起来合理。</blockquote></p><p> The current Goldilocks environment—a sturdy economy, but with low bond yields—is keeping stocks in favor.</p><p><blockquote>当前的金发姑娘环境——经济强劲，但债券收益率较低——使股市受到青睐。</blockquote></p><p></p>\n<div class=\"bt-text\">\n\n\n<p> 来源：<a href=\"https://www.barrons.com/articles/stock-market-sp-500-more-gains-goldman-sachs-51628182610?mod=RTA\">Barrons</a></p>\n<p>为提升您的阅读体验，我们对本页面进行了排版优化</p>\n\n\n</div>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".SPX":"S&P 500 Index",".DJI":"道琼斯",".IXIC":"NASDAQ Composite"},"source_url":"https://www.barrons.com/articles/stock-market-sp-500-more-gains-goldman-sachs-51628182610?mod=RTA","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1188253337","content_text":"Goldman Sachs strategists raised their target for the S&P 500, saying corporate earnings have been too strong to ignore and that bond yields are remaining stubbornly low.\nThe investment bank now says the market benchmark could reach 4700 by year-end, up from its previous call of 4300. That implies a gain of just over 6% from the index’s current level.\nOne of the main factors behind the more upbeat view is that second-quarter earnings are coming in far higher than expected, exceeding expectations by historically wide margins. The Goldman strategists now expect aggregate earnings per share for companies in the S&P 500 will be $207 this year, up from a previous forecast of $193. For 2022, they are expecting aggregate EPS of $212, up from $202.\nThe forecasts represent respective year-over-year growth of 45% and 2%, as pent-up demand drives this year’s profits past 2019 levels, before growth moderates in 2022. The strategists incorporated a corporate tax-rate increase into their 2022 profit projection, reducing it slightly.\nThe other key consideration is that valuations could remain fairly high because bond yields remain low. Goldman sees stocks in the index trading at an average of 22.1 times the per-share earnings expected for the 2022, slightly higher than the current 21 times. Low bond yields reduce the appeal of investing in fixed-income securities, as well as increasing the current value of future profits.\n“Lower interest rates than expected support a stable forward P/E multiple of 22x,” wrote David Kostin, Goldman Sachs’ chief U.S. equity strategist.\nThe strategists lowered their forecast for the 10-year Treasury yield to 1.6% from 1.9% by year-end. Yields are now at 1.2%, even as inflation expectations have risen and some market participants have seen buying the debt as a good trade.\nInflation is expected to be a bit over 2% for the long term, according to St. Louis Fed data, and bond investors usually demand a return greater than the rate of inflation. But the 10-year Treasury yield has remained far below expected inflation, even after a period during which some investors were piling into the debt, sending the price up and the yield down.\nGoldman’s 2021 target for the S&P 500 implies an earnings yield for stocks that would be 3 percentage points higher than what investors can get from bonds at 1.6%. And that makes stock valuations look reasonable.\nThe current Goldilocks environment—a sturdy economy, but with low bond yields—is keeping stocks in favor.","news_type":1,"symbols_score_info":{".DJI":0.9,".SPX":0.9,".IXIC":0.9}},"isVote":1,"tweetType":1,"viewCount":3112,"authorTweetTopStatus":1,"verified":2,"comments":[{"author":{"id":"9000000000000220","authorId":"9000000000000220","name":"沙漠追光大海逐风","avatar":"https://static.tigerbbs.com/e30b7f24ce0a6599dcdfa3567f958dea","crmLevel":1,"crmLevelSwitch":0,"authorIdStr":"9000000000000220","idStr":"9000000000000220"},"content":"是什么让你这么转变的？我也是很久之后才领会到这。","text":"是什么让你这么转变的？我也是很久之后才领会到这。","html":"是什么让你这么转变的？我也是很久之后才领会到这。"},{"author":{"id":"9000000000000221","authorId":"9000000000000221","name":"搞钱树","avatar":"https://static.tigerbbs.com/82edc4968feb7c0c481f5ad38d9a498b","crmLevel":1,"crmLevelSwitch":0,"authorIdStr":"9000000000000221","idStr":"9000000000000221"},"content":"受过短线的毒打？","text":"受过短线的毒打？","html":"受过短线的毒打？"}],"imageCount":0,"langContent":"EN","totalScore":0}],"defaultTab":"posts","isTTM":false}