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- FanChenFanChen
  ·2021-12-17
  the next company to join the trillion-dollar club!!!! Time to buy!!!
  Adobe fell over 9% in morning trading as its FY22 outlook trail estimates
  Adobe fell over 9% in morning trading as its FY22 outlook trail estimates.The data shows that the co
  Adobe fell over 9% in morning trading as its FY22 outlook trail estimates
  973 评论
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- FanChenFanChen
  ·2021-12-10
  OMGStill dropping !!!!Positive recommendations by FA - calling ‘buy’Still can’t help????
  Tellimer starts Grab at 'buy' with TP of US$13
  Tellimer’s Nirgunan Tiruchelvam has initiated coverage on Grab Holdings with a “buy” call and a US$1
  Tellimer starts Grab at 'buy' with TP of US$13
  1,118 评论
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- FanChenFanChen
  ·2021-11-22
  Leading tech company Always do extra miles on practicing the humanit approach Respect employees right
  Apple tells workers they have right to discuss wages, working conditions
  Apple delivered a message to employees on Friday that was striking given its reputation for secrecy:
  Apple tells workers they have right to discuss wages, working conditions
  981 评论
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- FanChenFanChen
  ·2021-11-19
  YupSlowly and steadily
  Singapore Needs More Data Before Deciding on Covid Easing: Trade Minister
  Singapore officials still need “a few more days” before they can decide whether to relax strict viru
  Singapore Needs More Data Before Deciding on Covid Easing: Trade Minister
  924 评论
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- FanChenFanChen
  ·2021-11-10
  $Lemonade, Inc.(LMND)$5days drop 10%???
  1,086 评论
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- FanChenFanChen
  ·2021-11-10
  $BlackBerry(BB)$oh noOh noOh no no nonono
  922 评论
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- FanChenFanChen
  ·2021-11-09
  Crude Oil price increasingAim to $100 per barrel More industry payers will have more activity
  Petronas partners with Exxon Mobil to explore carbon storage opportunities
  KUALA LUMPUR (Reuters) - Malaysia's state energy firm, Petroliam Nasional Berhad (Petronas), said on
  Petronas partners with Exxon Mobil to explore carbon storage opportunities
  898 评论
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- FanChenFanChen
  ·2021-11-08
  Omg
  Why Are GlobalFoundries Shares Trading Lower Today?
  The Pentagon plans to place up to $2 billion in rush orders by early March for customized semiconduc
  Why Are GlobalFoundries Shares Trading Lower Today?
  966 评论
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- FanChenFanChen
  ·2021-09-23
  Market will coming down?
  Three Key Takeaways From The Fed Meeting
  Confirming what we said in "It's Official: Tapering To Begin In November, End In July", the FOMC tod
  Three Key Takeaways From The Fed Meeting
  78 评论
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Q4 earned 2.57 US dollars per share, and the market expected 2.53 US dollars, compared with 4.64 US dollars in the same period last year; Adobe bought back about 1.6 million shares this quarter.</p>\n<p>During the period, the revenue of the digital media department was 3.01 billion US dollars, a year-on-year increase of 21%; Creative income increased to 2.48 billion US dollars, a year-on-year increase of 19%; Document Cloud's revenue was $532 million, up 29% year-on-year;</p>\n<p>Adobe achieved a record annual revenue of 15.79 billion US dollars in fiscal year 2021, a year-on-year increase of 23%; GAAP diluted earnings per share was $10.02 and non-GAAP diluted earnings per share was $12.48.</p>\n<p>Adobe generated a record operating cash flow of 7.23 billion US dollars in this year; About 7.2 million shares were repurchased in fiscal year 2021.</p>\n<p>As of press time, Adobe fell more than 7% before the market.</p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; 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overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nAdobe fell over 9% in morning trading as its FY22 outlook trail estimates\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time\">2021-12-16 22:38</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>Adobe&nbsp;fell&nbsp;over&nbsp;9%&nbsp;in&nbsp;morning&nbsp;trading&nbsp;as its FY22 outlook trail estimates.<img src=\"https://static.tigerbbs.com/a6e65fe32e506aa85852f947b77809bb\" tg-width=\"766\" tg-height=\"563\" width=\"100%\" height=\"auto\">The data shows that the company's Q4 revenue was 4.11 billion US dollars, a year-on-year increase of 20%; Q4 earned 2.57 US dollars per share, and the market expected 2.53 US dollars, compared with 4.64 US dollars in the same period last year; Adobe bought back about 1.6 million shares this quarter.</p>\n<p>During the period, the revenue of the digital media department was 3.01 billion US dollars, a year-on-year increase of 21%; Creative income increased to 2.48 billion US dollars, a year-on-year increase of 19%; Document Cloud's revenue was $532 million, up 29% year-on-year;</p>\n<p>Adobe achieved a record annual revenue of 15.79 billion US dollars in fiscal year 2021, a year-on-year increase of 23%; GAAP diluted earnings per share was $10.02 and non-GAAP diluted earnings per share was $12.48.</p>\n<p>Adobe generated a record operating cash flow of 7.23 billion US dollars in this year; About 7.2 million shares were repurchased in fiscal year 2021.</p>\n<p>As of press time, Adobe fell more than 7% before the market.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"ADBE":"Adobe"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1140511693","content_text":"Adobe fell over 9% in morning trading as its FY22 outlook trail estimates.The data shows that the company's Q4 revenue was 4.11 billion US dollars, a year-on-year increase of 20%; Q4 earned 2.57 US dollars per share, and the market expected 2.53 US dollars, compared with 4.64 US dollars in the same period last year; Adobe bought back about 1.6 million shares this quarter.\nDuring the period, the revenue of the digital media department was 3.01 billion US dollars, a year-on-year increase of 21%; Creative income increased to 2.48 billion US dollars, a year-on-year increase of 19%; Document Cloud's revenue was $532 million, up 29% year-on-year;\nAdobe achieved a record annual revenue of 15.79 billion US dollars in fiscal year 2021, a year-on-year increase of 23%; GAAP diluted earnings per share was $10.02 and non-GAAP diluted earnings per share was $12.48.\nAdobe generated a record operating cash flow of 7.23 billion US dollars in this year; About 7.2 million shares were repurchased in fiscal year 2021.\nAs of press time, Adobe fell more than 7% before the market.","news_type":1},"isVote":1,"tweetType":1,"viewCount":973,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":605893858,"gmtCreate":1639140413571,"gmtModify":1639140413658,"author":{"id":"4095155251405440","authorId":"4095155251405440","name":"FanChen","avatar":"https://static.tigerbbs.com/8e2bcba4b45a4f3a8e6decd509e326f9","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4095155251405440","authorIdStr":"4095155251405440"},"themes":[],"htmlText":"OMGStill dropping !!!!Positive recommendations by FA - calling&nbsp;‘buy’Still can’t help????","listText":"OMGStill dropping !!!!Positive recommendations by FA - calling&nbsp;‘buy’Still can’t help????","text":"OMGStill dropping !!!!Positive recommendations by FA - calling ‘buy’Still can’t help????","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/605893858","repostId":"1101819426","repostType":4,"repost":{"id":"1101819426","pubTimestamp":1639107202,"share":"https://www.laohu8.com/m/news/1101819426?lang=&edition=full","pubTime":"2021-12-10 11:33","market":"us","language":"en","title":"Tellimer starts Grab at 'buy' with TP of US$13","url":"https://stock-news.laohu8.com/highlight/detail?id=1101819426","media":"theedgesingapore","summary":"Tellimer’s Nirgunan Tiruchelvam has initiated coverage on Grab Holdings with a “buy” call and a US$1","content":"<p>Tellimer’s Nirgunan Tiruchelvam has initiated coverage on Grab Holdings with a “buy” call and a US$13 target price.</p>\n<p>In his Dec 9 report, Tiruchelvam, who heads up Tellimer's consumer sector equity research, says Grab provides unique exposure to the explosion of food delivery, ride-hailing, and mobile money.</p>\n<p>“Covid-19 has accelerated the growth of the digital economy in Asean, and Grab has been foremost among the Asean digital giants,” says Tiruchelvam.</p>\n<p>In his view, Grab’s “super app” status has not been fully valued by the market. Its adjusted net revenue as a percentage of GMV is 12%, while its take rate has risen threefold since 2018, better than Alibaba.</p>\n<p>“Grab has the potential to be re-rated as an all-encompassing super app like Alibaba. It is becoming a one-stop shop for ride-hailing, food delivery, payments and other services. The current valuation does not reflect its potential as a super-app,” says Tiruchelvam.</p>\n<p>Grab has three main segments — deliveries, mobility and financial services. Tiruchelvam expects the company’s delivery GMV to rise by a compound annual growth rate (CAGR) of 42% in FY20 to 24, assuming the ratio of GMV monetisation to be 15%.</p>\n<p>The mobility revenue is expected to rise by a CAGR of 32% in FY20 to FY24. Tellimer assumes the ratio of GMV monetisation to gradually increase from 18% in FY20 to 24% by FY24.</p>\n<p>Grab’s financial services total payment volume is expected to grow at a CAGR of 43%&nbsp;in FY20 to FY24.</p>\n<p>The tech company’s operating margins for FY20 were -298.3%. Tiruchelvam estimates Grab’s operating margins to improve and turn positive during the forecast period, expecting it to reach 30% by FY24.</p>\n<p>In his risk analysis, Tiruchelvam says Grab may face serious business risks as its business segments are still in the early stages of growth. The food delivery business, for instance, is still in its infancy. Major international players such as Meituan Dianping may enter the market and undercut Grab.</p>\n<p>The end of the pandemic may also weaken the demand for food delivery and therefore affect the company’s growth trajectory, he adds.</p>\n<p>“Despite the progress in vaccination, there have been renewed restrictions in some Asean countries including Singapore, Malaysia and Indonesia. This could adversely affect Grab’s business, financial condition, results of operations and prospects,” says Tiruchelvam.</p>\n<p>There is also the risk of a vastly disproportionate voting share of its founder Anthony Tan, says Tiruchelvam. “Its founder Anthony Tan Tan holds 3.7% of the shares in the company by virtue of his 183 million Class B Shares. This includes 28 million shares from co-founder Tan Hooi Ling and 18 million shares from Grab president Ming Ma – these shares are beneficially owned by Tan.</p>\n<p>“Each Class B share equals 45 votes, while each Class A share is equal to one vote. Accordingly, Tan controls more than 60% of the voting shares after the merger with Altimeter. This disproportionate voting share for the founder is familiar to many tech companies, including Facebook and Alphabet.”</p>\n<p>Besides Tiruchelvam, JP Morgan’s Ranjan Sharma has also initiated coverage on the stock with an \"overweight\" call and US$12.50 target price.JP Morgan is one of the banks that helped arrange Grab's listing.</p>\n<p>Grab closed 81 cents lower or 9.11% down at US$8.08 on Dec 9.</p>","source":"lsy1615976985023","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>Tellimer starts Grab at 'buy' with TP of US$13</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nTellimer starts Grab at 'buy' with TP of US$13\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-12-10 11:33 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.theedgesingapore.com/capital/brokers-calls/tellimer-starts-grab-buy-tp-us13><strong>theedgesingapore</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Tellimer’s Nirgunan Tiruchelvam has initiated coverage on Grab Holdings with a “buy” call and a US$13 target price.\nIn his Dec 9 report, Tiruchelvam, who heads up Tellimer's consumer sector equity ...</p>\n\n<a href=\"https://www.theedgesingapore.com/capital/brokers-calls/tellimer-starts-grab-buy-tp-us13\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"GRAB":"Grab Holdings"},"source_url":"https://www.theedgesingapore.com/capital/brokers-calls/tellimer-starts-grab-buy-tp-us13","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1101819426","content_text":"Tellimer’s Nirgunan Tiruchelvam has initiated coverage on Grab Holdings with a “buy” call and a US$13 target price.\nIn his Dec 9 report, Tiruchelvam, who heads up Tellimer's consumer sector equity research, says Grab provides unique exposure to the explosion of food delivery, ride-hailing, and mobile money.\n“Covid-19 has accelerated the growth of the digital economy in Asean, and Grab has been foremost among the Asean digital giants,” says Tiruchelvam.\nIn his view, Grab’s “super app” status has not been fully valued by the market. Its adjusted net revenue as a percentage of GMV is 12%, while its take rate has risen threefold since 2018, better than Alibaba.\n“Grab has the potential to be re-rated as an all-encompassing super app like Alibaba. It is becoming a one-stop shop for ride-hailing, food delivery, payments and other services. The current valuation does not reflect its potential as a super-app,” says Tiruchelvam.\nGrab has three main segments — deliveries, mobility and financial services. Tiruchelvam expects the company’s delivery GMV to rise by a compound annual growth rate (CAGR) of 42% in FY20 to 24, assuming the ratio of GMV monetisation to be 15%.\nThe mobility revenue is expected to rise by a CAGR of 32% in FY20 to FY24. Tellimer assumes the ratio of GMV monetisation to gradually increase from 18% in FY20 to 24% by FY24.\nGrab’s financial services total payment volume is expected to grow at a CAGR of 43% in FY20 to FY24.\nThe tech company’s operating margins for FY20 were -298.3%. Tiruchelvam estimates Grab’s operating margins to improve and turn positive during the forecast period, expecting it to reach 30% by FY24.\nIn his risk analysis, Tiruchelvam says Grab may face serious business risks as its business segments are still in the early stages of growth. The food delivery business, for instance, is still in its infancy. Major international players such as Meituan Dianping may enter the market and undercut Grab.\nThe end of the pandemic may also weaken the demand for food delivery and therefore affect the company’s growth trajectory, he adds.\n“Despite the progress in vaccination, there have been renewed restrictions in some Asean countries including Singapore, Malaysia and Indonesia. This could adversely affect Grab’s business, financial condition, results of operations and prospects,” says Tiruchelvam.\nThere is also the risk of a vastly disproportionate voting share of its founder Anthony Tan, says Tiruchelvam. “Its founder Anthony Tan Tan holds 3.7% of the shares in the company by virtue of his 183 million Class B Shares. This includes 28 million shares from co-founder Tan Hooi Ling and 18 million shares from Grab president Ming Ma – these shares are beneficially owned by Tan.\n“Each Class B share equals 45 votes, while each Class A share is equal to one vote. Accordingly, Tan controls more than 60% of the voting shares after the merger with Altimeter. This disproportionate voting share for the founder is familiar to many tech companies, including Facebook and Alphabet.”\nBesides Tiruchelvam, JP Morgan’s Ranjan Sharma has also initiated coverage on the stock with an \"overweight\" call and US$12.50 target price.JP Morgan is one of the banks that helped arrange Grab's listing.\nGrab closed 81 cents lower or 9.11% down at US$8.08 on Dec 9.","news_type":1},"isVote":1,"tweetType":1,"viewCount":1118,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":872496280,"gmtCreate":1637556446047,"gmtModify":1637556446047,"author":{"id":"4095155251405440","authorId":"4095155251405440","name":"FanChen","avatar":"https://static.tigerbbs.com/8e2bcba4b45a4f3a8e6decd509e326f9","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4095155251405440","authorIdStr":"4095155251405440"},"themes":[],"htmlText":"Leading tech company&nbsp;Always do extra miles on practicing the humanit approach&nbsp;Respect employees right&nbsp;","listText":"Leading tech company&nbsp;Always do extra miles on practicing the humanit approach&nbsp;Respect employees right&nbsp;","text":"Leading tech company Always do extra miles on practicing the humanit approach Respect employees right","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/872496280","repostId":"2184828242","repostType":4,"repost":{"id":"2184828242","weMediaInfo":{"introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"media_name":"Reuters","id":"1036604489","head_image":"https://static.tigerbbs.com/443ce19704621c837795676028cec868"},"pubTimestamp":1637459850,"share":"https://www.laohu8.com/m/news/2184828242?lang=&edition=full","pubTime":"2021-11-21 09:57","market":"us","language":"en","title":"Apple tells workers they have right to discuss wages, working conditions","url":"https://stock-news.laohu8.com/highlight/detail?id=2184828242","media":"Reuters","summary":"Apple delivered a message to employees on Friday that was striking given its reputation for secrecy:","content":"<p>Apple delivered a message to employees on Friday that was striking given its reputation for secrecy: a reminder that workers may discuss wages, hours and working conditions.</p>\n<p>The notice came as some employees have been pushing Apple to do more to ensure there are no unfair gaps in pay across the company.</p>\n<p>In a post on an internal site, Apple said its policies do not preclude employees from \"speaking freely\" about working conditions, according to a copy of the message viewed by Reuters.</p>\n<p>\"We encourage any employee with concerns to raise them in the way they feel most comfortable, internally or externally,\" the post states.</p>\n<p>A spokesperson for Apple declined to comment.</p>\n<p>Apple's business conduct policy already included language stating that workers were not restricted in their ability to discuss wages, hours and working conditions, which is generally protected under U.S. law.</p>\n<p>But employees who have spoken out in recent months have faced resistance, said former Apple program manager Janneke Parrish.</p>\n<p>Parrish, who was fired after playing a leading role in employee activism</p>\n<p>said she is hopeful that Apple's message will ease the path for others.</p>\n<p>\"The first step is making sure people are aware of their rights,\" she said.</p>\n<p>Apple has previously said it does not discuss specific employee matters and is \"deeply committed to creating and maintaining a positive and inclusive workplace.\"</p>\n<p>The move comes amid a broader push by Silicon Valley workers to speak out about their working conditions and the impact of technology on society.</p>\n<p>Earlier this week, another prominent activist, Apple software engineer Cher Scarlett, wrote on <a href=\"https://laohu8.com/S/TWTR\">Twitter</a> that she is leaving the company.</p>\n<p>Scarlett filed a charge with the National Labor Relations Board</p>\n<p>alleging that Apple halted discussions of pay among employees. Her lawyer, Aleksandr Felstiner, said the matter had been settled and the charge would be withdrawn. Scarlett said she could not comment.</p>\n<p>Scarlett and Parrish worked together on \"#AppleToo,\" a group through which current and former employees have been sharing stories of what they call harassment and discrimination.</p>\n<p>Apple is known for its secretive culture, intended to keep details of new products under wraps. Employees sometimes are unaware of their right to speak about topics such as pay and working conditions, Parrish said.</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>Apple tells workers they have right to discuss wages, working conditions</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nApple tells workers they have right to discuss wages, working conditions\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1036604489\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/443ce19704621c837795676028cec868);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Reuters </p>\n<p class=\"h-time\">2021-11-21 09:57</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>Apple delivered a message to employees on Friday that was striking given its reputation for secrecy: a reminder that workers may discuss wages, hours and working conditions.</p>\n<p>The notice came as some employees have been pushing Apple to do more to ensure there are no unfair gaps in pay across the company.</p>\n<p>In a post on an internal site, Apple said its policies do not preclude employees from \"speaking freely\" about working conditions, according to a copy of the message viewed by Reuters.</p>\n<p>\"We encourage any employee with concerns to raise them in the way they feel most comfortable, internally or externally,\" the post states.</p>\n<p>A spokesperson for Apple declined to comment.</p>\n<p>Apple's business conduct policy already included language stating that workers were not restricted in their ability to discuss wages, hours and working conditions, which is generally protected under U.S. law.</p>\n<p>But employees who have spoken out in recent months have faced resistance, said former Apple program manager Janneke Parrish.</p>\n<p>Parrish, who was fired after playing a leading role in employee activism</p>\n<p>said she is hopeful that Apple's message will ease the path for others.</p>\n<p>\"The first step is making sure people are aware of their rights,\" she said.</p>\n<p>Apple has previously said it does not discuss specific employee matters and is \"deeply committed to creating and maintaining a positive and inclusive workplace.\"</p>\n<p>The move comes amid a broader push by Silicon Valley workers to speak out about their working conditions and the impact of technology on society.</p>\n<p>Earlier this week, another prominent activist, Apple software engineer Cher Scarlett, wrote on <a href=\"https://laohu8.com/S/TWTR\">Twitter</a> that she is leaving the company.</p>\n<p>Scarlett filed a charge with the National Labor Relations Board</p>\n<p>alleging that Apple halted discussions of pay among employees. Her lawyer, Aleksandr Felstiner, said the matter had been settled and the charge would be withdrawn. Scarlett said she could not comment.</p>\n<p>Scarlett and Parrish worked together on \"#AppleToo,\" a group through which current and former employees have been sharing stories of what they call harassment and discrimination.</p>\n<p>Apple is known for its secretive culture, intended to keep details of new products under wraps. Employees sometimes are unaware of their right to speak about topics such as pay and working conditions, Parrish said.</p>\n\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":"2184828242","content_text":"Apple delivered a message to employees on Friday that was striking given its reputation for secrecy: a reminder that workers may discuss wages, hours and working conditions.\nThe notice came as some employees have been pushing Apple to do more to ensure there are no unfair gaps in pay across the company.\nIn a post on an internal site, Apple said its policies do not preclude employees from \"speaking freely\" about working conditions, according to a copy of the message viewed by Reuters.\n\"We encourage any employee with concerns to raise them in the way they feel most comfortable, internally or externally,\" the post states.\nA spokesperson for Apple declined to comment.\nApple's business conduct policy already included language stating that workers were not restricted in their ability to discuss wages, hours and working conditions, which is generally protected under U.S. law.\nBut employees who have spoken out in recent months have faced resistance, said former Apple program manager Janneke Parrish.\nParrish, who was fired after playing a leading role in employee activism\nsaid she is hopeful that Apple's message will ease the path for others.\n\"The first step is making sure people are aware of their rights,\" she said.\nApple has previously said it does not discuss specific employee matters and is \"deeply committed to creating and maintaining a positive and inclusive workplace.\"\nThe move comes amid a broader push by Silicon Valley workers to speak out about their working conditions and the impact of technology on society.\nEarlier this week, another prominent activist, Apple software engineer Cher Scarlett, wrote on Twitter that she is leaving the company.\nScarlett filed a charge with the National Labor Relations Board\nalleging that Apple halted discussions of pay among employees. Her lawyer, Aleksandr Felstiner, said the matter had been settled and the charge would be withdrawn. Scarlett said she could not comment.\nScarlett and Parrish worked together on \"#AppleToo,\" a group through which current and former employees have been sharing stories of what they call harassment and discrimination.\nApple is known for its secretive culture, intended to keep details of new products under wraps. Employees sometimes are unaware of their right to speak about topics such as pay and working conditions, Parrish said.","news_type":1},"isVote":1,"tweetType":1,"viewCount":981,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":876430708,"gmtCreate":1637336779962,"gmtModify":1637337021380,"author":{"id":"4095155251405440","authorId":"4095155251405440","name":"FanChen","avatar":"https://static.tigerbbs.com/8e2bcba4b45a4f3a8e6decd509e326f9","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4095155251405440","authorIdStr":"4095155251405440"},"themes":[],"htmlText":"YupSlowly and steadily&nbsp;","listText":"YupSlowly and steadily&nbsp;","text":"YupSlowly and steadily","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/876430708","repostId":"1102367235","repostType":4,"repost":{"id":"1102367235","pubTimestamp":1637299419,"share":"https://www.laohu8.com/m/news/1102367235?lang=&edition=full","pubTime":"2021-11-19 13:23","market":"us","language":"en","title":"Singapore Needs More Data Before Deciding on Covid Easing: Trade Minister","url":"https://stock-news.laohu8.com/highlight/detail?id=1102367235","media":"Bloomberg","summary":"Singapore officials still need “a few more days” before they can decide whether to relax strict viru","content":"<p>Singapore officials still need “a few more days” before they can decide whether to relax strict virus curbs that have lasted for nearly two months, Singapore’s trade minister said Friday in a virtual interview on the sidelines of the Bloomberg New Economy Forum.</p>\n<p>Asked about the likelihood of restrictions continuing past Nov. 21, when they are due to lapse, Singapore Minister for Trade and Industry Gan Kim Yong replied that “It’s really difficult to say, because it is still too early.” Gan is also a co-chair of the government task force overseeing virus measures in the city-state.</p>\n<p>The latest round of Covid curbs were imposed on Sept. 27 amid the city-state’s worst virus surge yet, which includes making work from home the default, and capping social gatherings at two. The limits were then extended by a month in October.</p>\n<p>Cases have stabilized and started to decline in recent weeks, as Singapore’s latest outbreak shows signs of slowing. Thursday was the third time in the last week that cases in the community dipped below 2,000, down from a high of 4,650 on Oct. 27. The government has focused on its week over week ratio of community Covid cases as a key metric for easing. It wants to see the number below 1 -- a target that has been hit on 15 of the last 16 days.</p>\n<p>Pressure on hospitals has also eased. More than 40% of public ICU beds in the city-state are now vacant, due to a combination of lower Covid cases over the last few weeks, as well as a ramping up of capacity.</p>\n<p>The government began incrementally&nbsp;easing&nbsp;restrictions from last week, such as allowing five people from the same residence to dine at restaurants, and announcing some pilot programs where social distancing measures could be reduced.</p>\n<p>“We are hoping that we’ll be able to make some review and see whether there will be opportunity for us to make some adjustments,” Gan told Bloomberg TV’s Haslinda Amin. He added that officials will still need “a few more days” to monitor the effects of the latest relaxation of rules, and make a quick assessment before Monday.</p>\n<p>Singapore is pushing for an endemic strategy of living with the virus, although that approach has been marred by several months of stop-start restrictions. The business hub’s prime minister Lee Hsien Loong defended the slow pace of reopening Wednesday,saying&nbsp;that the government was seeking to avoid “unsettling u-turns.”</p>","source":"lsy1584095487587","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>Singapore Needs More Data Before Deciding on Covid Easing: Trade Minister</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nSingapore Needs More Data Before Deciding on Covid Easing: Trade Minister\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-11-19 13:23 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.bloomberg.com/news/articles/2021-11-19/singapore-needs-more-data-before-deciding-on-covid-easing-gan><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Singapore officials still need “a few more days” before they can decide whether to relax strict virus curbs that have lasted for nearly two months, Singapore’s trade minister said Friday in a virtual ...</p>\n\n<a href=\"https://www.bloomberg.com/news/articles/2021-11-19/singapore-needs-more-data-before-deciding-on-covid-easing-gan\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"STI.SI":"富时新加坡海峡指数"},"source_url":"https://www.bloomberg.com/news/articles/2021-11-19/singapore-needs-more-data-before-deciding-on-covid-easing-gan","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1102367235","content_text":"Singapore officials still need “a few more days” before they can decide whether to relax strict virus curbs that have lasted for nearly two months, Singapore’s trade minister said Friday in a virtual interview on the sidelines of the Bloomberg New Economy Forum.\nAsked about the likelihood of restrictions continuing past Nov. 21, when they are due to lapse, Singapore Minister for Trade and Industry Gan Kim Yong replied that “It’s really difficult to say, because it is still too early.” Gan is also a co-chair of the government task force overseeing virus measures in the city-state.\nThe latest round of Covid curbs were imposed on Sept. 27 amid the city-state’s worst virus surge yet, which includes making work from home the default, and capping social gatherings at two. The limits were then extended by a month in October.\nCases have stabilized and started to decline in recent weeks, as Singapore’s latest outbreak shows signs of slowing. Thursday was the third time in the last week that cases in the community dipped below 2,000, down from a high of 4,650 on Oct. 27. The government has focused on its week over week ratio of community Covid cases as a key metric for easing. It wants to see the number below 1 -- a target that has been hit on 15 of the last 16 days.\nPressure on hospitals has also eased. More than 40% of public ICU beds in the city-state are now vacant, due to a combination of lower Covid cases over the last few weeks, as well as a ramping up of capacity.\nThe government began incrementally easing restrictions from last week, such as allowing five people from the same residence to dine at restaurants, and announcing some pilot programs where social distancing measures could be reduced.\n“We are hoping that we’ll be able to make some review and see whether there will be opportunity for us to make some adjustments,” Gan told Bloomberg TV’s Haslinda Amin. He added that officials will still need “a few more days” to monitor the effects of the latest relaxation of rules, and make a quick assessment before Monday.\nSingapore is pushing for an endemic strategy of living with the virus, although that approach has been marred by several months of stop-start restrictions. The business hub’s prime minister Lee Hsien Loong defended the slow pace of reopening Wednesday,saying that the government was seeking to avoid “unsettling u-turns.”","news_type":1},"isVote":1,"tweetType":1,"viewCount":924,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":847432814,"gmtCreate":1636543439477,"gmtModify":1636543439617,"author":{"id":"4095155251405440","authorId":"4095155251405440","name":"FanChen","avatar":"https://static.tigerbbs.com/8e2bcba4b45a4f3a8e6decd509e326f9","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4095155251405440","authorIdStr":"4095155251405440"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/LMND\">$Lemonade, Inc.(LMND)$</a>5days drop 10%???","listText":"<a href=\"https://laohu8.com/S/LMND\">$Lemonade, Inc.(LMND)$</a>5days drop 10%???","text":"$Lemonade, Inc.(LMND)$5days drop 10%???","images":[{"img":"https://static.tigerbbs.com/cf5953fce0621373b7ef1b85899d3c79","width":"1125","height":"3491"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/847432814","isVote":1,"tweetType":1,"viewCount":1086,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"CN","totalScore":0},{"id":847438123,"gmtCreate":1636543208678,"gmtModify":1636543208802,"author":{"id":"4095155251405440","authorId":"4095155251405440","name":"FanChen","avatar":"https://static.tigerbbs.com/8e2bcba4b45a4f3a8e6decd509e326f9","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4095155251405440","authorIdStr":"4095155251405440"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/BB\">$BlackBerry(BB)$</a>oh noOh noOh no no nonono&nbsp;","listText":"<a href=\"https://laohu8.com/S/BB\">$BlackBerry(BB)$</a>oh noOh noOh no no nonono&nbsp;","text":"$BlackBerry(BB)$oh noOh noOh no no nonono","images":[{"img":"https://static.tigerbbs.com/1c3d0d38f7b29e57859735093cf78c4a","width":"1242","height":"2448"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/847438123","isVote":1,"tweetType":1,"viewCount":922,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"CN","totalScore":0},{"id":844505348,"gmtCreate":1636436719990,"gmtModify":1636436720063,"author":{"id":"4095155251405440","authorId":"4095155251405440","name":"FanChen","avatar":"https://static.tigerbbs.com/8e2bcba4b45a4f3a8e6decd509e326f9","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4095155251405440","authorIdStr":"4095155251405440"},"themes":[],"htmlText":"Crude&nbsp;Oil price increasingAim to $100 per barrel&nbsp;More industry payers will have more activity&nbsp;","listText":"Crude&nbsp;Oil price increasingAim to $100 per barrel&nbsp;More industry payers will have more activity&nbsp;","text":"Crude Oil price increasingAim to $100 per barrel More industry payers will have more activity","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/844505348","repostId":"2182177058","repostType":4,"repost":{"id":"2182177058","pubTimestamp":1636421880,"share":"https://www.laohu8.com/m/news/2182177058?lang=&edition=full","pubTime":"2021-11-09 09:38","market":"hk","language":"en","title":"Petronas partners with Exxon Mobil to explore carbon storage opportunities","url":"https://stock-news.laohu8.com/highlight/detail?id=2182177058","media":"StreetInsider","summary":"KUALA LUMPUR (Reuters) - Malaysia's state energy firm, Petroliam Nasional Berhad (Petronas), said on","content":"<p>KUALA LUMPUR (Reuters) - Malaysia's state energy firm, Petroliam Nasional Berhad (Petronas), said on Tuesday it has partnered with a Malaysian unit of Exxon Mobil Corp to jointly explore opportunities in carbon capture and storage (CCS) technologies in a bid to decarbonise the country's upstream industry.</p>\n<p>Exxon Mobil said last month it wants to build CCS hubs in Southeast Asia and has begun talks with countries with potential storage options for carbon dioxide.</p>\n<p>According to the memorandum of understanding signed on Nov. 3, both companies will assess the viability of potential CCS projects in selected locations offshore Peninsular Malaysia and identify suitable technology for potential application, Petronas said.</p>\n<p>The companies will also share subsurface technical data to enable CO2 storage assessment and characterisation.</p>\n<p>\"Relevant data related to pipelines, facilities and wells will also be shared to evaluate potential reutilisation of existing infrastructure for transport and storage in selected locations,\" Petronas said.</p>","source":"highlight_streetinsider","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>Petronas partners with Exxon Mobil to explore carbon storage opportunities</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; 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overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nPetronas partners with Exxon Mobil to explore carbon storage opportunities\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-11-09 09:38 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.streetinsider.com/dr/news.php?id=19179606><strong>StreetInsider</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>KUALA LUMPUR (Reuters) - Malaysia's state energy firm, Petroliam Nasional Berhad (Petronas), said on Tuesday it has partnered with a Malaysian unit of Exxon Mobil Corp to jointly explore opportunities...</p>\n\n<a href=\"https://www.streetinsider.com/dr/news.php?id=19179606\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"https://www.streetinsider.com/dr/news.php?id=19179606","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2182177058","content_text":"KUALA LUMPUR (Reuters) - Malaysia's state energy firm, Petroliam Nasional Berhad (Petronas), said on Tuesday it has partnered with a Malaysian unit of Exxon Mobil Corp to jointly explore opportunities in carbon capture and storage (CCS) technologies in a bid to decarbonise the country's upstream industry.\nExxon Mobil said last month it wants to build CCS hubs in Southeast Asia and has begun talks with countries with potential storage options for carbon dioxide.\nAccording to the memorandum of understanding signed on Nov. 3, both companies will assess the viability of potential CCS projects in selected locations offshore Peninsular Malaysia and identify suitable technology for potential application, Petronas said.\nThe companies will also share subsurface technical data to enable CO2 storage assessment and characterisation.\n\"Relevant data related to pipelines, facilities and wells will also be shared to evaluate potential reutilisation of existing infrastructure for transport and storage in selected locations,\" Petronas said.","news_type":1},"isVote":1,"tweetType":1,"viewCount":898,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":844064628,"gmtCreate":1636378626631,"gmtModify":1636378938816,"author":{"id":"4095155251405440","authorId":"4095155251405440","name":"FanChen","avatar":"https://static.tigerbbs.com/8e2bcba4b45a4f3a8e6decd509e326f9","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4095155251405440","authorIdStr":"4095155251405440"},"themes":[],"htmlText":"Omg","listText":"Omg","text":"Omg","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/844064628","repostId":"1146420549","repostType":4,"repost":{"id":"1146420549","pubTimestamp":1636375500,"share":"https://www.laohu8.com/m/news/1146420549?lang=&edition=full","pubTime":"2021-11-08 20:45","market":"us","language":"en","title":"Why Are GlobalFoundries Shares Trading Lower Today?","url":"https://stock-news.laohu8.com/highlight/detail?id=1146420549","media":"Benzinga","summary":"The Pentagon plans to place up to $2 billion in rush orders by early March for customized semiconduc","content":"<ul>\n <li>The Pentagon plans to place up to $2 billion in rush orders by early March for customized semiconductors used in weapons like the B-2 bomber before the shut down of production line,&nbsp;Bloomberg reports.</li>\n <li><b>Globalfoundries Inc</b>&nbsp;sold the factory in Fishkill, New York, that produced the specialized chips used in GPS-dependent systems to&nbsp;<b>ON Semiconductor Corp</b>. The new owner will not make any more of them.</li>\n <li>The Defense Department is confronting its looming supply crunch amid a global chip crisis used in consumer items from mobile phones to autonomous vehicles, markets where GlobalFoundries is expanding its production.</li>\n <li>The Pentagon would place an initial $885 million by December 15 with U.S. contractors. The Pentagon would have to place the remainder of the $2 billion in orders by March 3, the report added.</li>\n <li>“For certain programs and technologies, we are meeting the DoD’s needs by manufacturing large volumes of chips sufficient for the lifetime of the program,” GlobalFoundries said.</li>\n <li>“In other instances, we are partnering with the DoD to extend the lifecycle of certain technologies manufactured at Fab 10 by transitioning the manufacturing of their chips to other GF Fabs.”</li>\n <li><b>Price Action:</b>&nbsp;GFS shares traded lower by 4.49% to $60.77 in the premarket session on the last check Monday.</li>\n</ul>","source":"lsy1606299360108","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Why Are GlobalFoundries Shares Trading Lower Today?</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nWhy Are GlobalFoundries Shares Trading Lower Today?\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-11-08 20:45 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.benzinga.com/government/21/11/23947108/why-are-globalfoundries-shares-trading-lower-today><strong>Benzinga</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>The Pentagon plans to place up to $2 billion in rush orders by early March for customized semiconductors used in weapons like the B-2 bomber before the shut down of production line, Bloomberg reports....</p>\n\n<a href=\"https://www.benzinga.com/government/21/11/23947108/why-are-globalfoundries-shares-trading-lower-today\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"https://www.benzinga.com/government/21/11/23947108/why-are-globalfoundries-shares-trading-lower-today","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1146420549","content_text":"The Pentagon plans to place up to $2 billion in rush orders by early March for customized semiconductors used in weapons like the B-2 bomber before the shut down of production line, Bloomberg reports.\nGlobalfoundries Inc sold the factory in Fishkill, New York, that produced the specialized chips used in GPS-dependent systems to ON Semiconductor Corp. The new owner will not make any more of them.\nThe Defense Department is confronting its looming supply crunch amid a global chip crisis used in consumer items from mobile phones to autonomous vehicles, markets where GlobalFoundries is expanding its production.\nThe Pentagon would place an initial $885 million by December 15 with U.S. contractors. The Pentagon would have to place the remainder of the $2 billion in orders by March 3, the report added.\n“For certain programs and technologies, we are meeting the DoD’s needs by manufacturing large volumes of chips sufficient for the lifetime of the program,” GlobalFoundries said.\n“In other instances, we are partnering with the DoD to extend the lifecycle of certain technologies manufactured at Fab 10 by transitioning the manufacturing of their chips to other GF Fabs.”\nPrice Action: GFS shares traded lower by 4.49% to $60.77 in the premarket session on the last check Monday.","news_type":1},"isVote":1,"tweetType":1,"viewCount":966,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":863689665,"gmtCreate":1632385566257,"gmtModify":1632800759414,"author":{"id":"4095155251405440","authorId":"4095155251405440","name":"FanChen","avatar":"https://static.tigerbbs.com/8e2bcba4b45a4f3a8e6decd509e326f9","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4095155251405440","authorIdStr":"4095155251405440"},"themes":[],"htmlText":"Market will coming down?","listText":"Market will coming down?","text":"Market will coming down?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/863689665","repostId":"1134836893","repostType":2,"repost":{"id":"1134836893","pubTimestamp":1632382568,"share":"https://www.laohu8.com/m/news/1134836893?lang=&edition=full","pubTime":"2021-09-23 15:36","market":"us","language":"en","title":"Three Key Takeaways From The Fed Meeting","url":"https://stock-news.laohu8.com/highlight/detail?id=1134836893","media":"zerohedge","summary":"Confirming what we said in \"It's Official: Tapering To Begin In November, End In July\", the FOMC tod","content":"<p>Confirming what we said in \"It's Official: Tapering To Begin In November, End In July\", the FOMC today paved the way for a taper start in two months when it said \"the Committee judges that a moderation in the pace of asset purchases may soon be warranted.\" Furthermore, the projected path for the policy rate in the Summary of Economic Projections (SEP) showed an even split among FOMC members between zero and one hike in 2022, slightly above the OIS implied rate.</p>\n<p><img src=\"https://static.tigerbbs.com/a004ce37f590af6e0a21f9d975e07868\" tg-width=\"1029\" tg-height=\"517\" width=\"100%\" height=\"auto\">Additionally, the median projection implied three additional hikes each in 2023 and 2024 (for six and half total by end-2024). As shown in the chart above, the market - which is pricing in just 1% Fed Funds rate in 2024 - will have an uphill climb to catch up to the Fed.</p>\n<p>Curiously, in its commentary on the FOMC, Goldman appears to be hinting at a bit of a mutiny inside the Fed: according to Goldman's Jan Hatzius<b>\"our best guess is that Chair Powell did not project a hike in 2022.\"</b>Is Powell about to cede control to the far more hawkish regional Feds?</p>\n<p>In its post-mortem of the FOMC, BofA chief economist Michelle Meyer said that on the whole, the Fed meeting was&nbsp; another move in the \"more hawkish direction.\" even if the bank clarified that \"this is still a very dovish Fed that is highly committed to achieving higher inflation and a hot economy. But in the face of supply side constraints and growing signs of persistent inflation, it appears that those objectives could be met earlier.\"</p>\n<p>This may explain why Goldman was wildly off in its forecast: as Hatzius notes, \"the median dot implied three additional hikes in 2023 and three more in 2024, implying three and half total hikes through end-2023 (<b>vs two in June; we expected two at this meeting</b>) and six and half hikes through end-2024 (not reported in June;<b>we expected five at this meeting)</b>.\"</p>\n<p><i>There were three key takeaways from the meeting:</i></p>\n<p><b>1. As noted above, taper on track to be announced in November and be completed by mid-year.</b>While the taper signal in the statement was vague – “may soon be warranted” – Chair Powell clarified in the press conference that they could be ready in the upcoming meeting (in November). Hence absent a significant disappointment in the employment data or financial market disruption, this confirms what wesaid two weeks ago, that tapering will begin in November and end in July.</p>\n<p><img src=\"https://static.tigerbbs.com/a4884154b330962d6b6fcd98e9c85418\" tg-width=\"1015\" tg-height=\"624\" width=\"100%\" height=\"auto\"></p>\n<p><b>2. Committee members are edging toward higher rates:</b>As the Fed's updated dot plot showed, the Committee is now evenly split between the first hike in 2022 or 2023, which brought the median up to 0.25%. The consensus is now for 3 hikes in both 2023 and 2024, leaving rates at the end of the forecast horizon at 1.75%. As Chair Powell noted, this is still decently below the long-run funds rate of 2.5%, which means policy is still accommodative; meanwhile with 2024 OIS still pegged at 1% the market's verdict is no way the Fed can achieve this.</p>\n<p><img src=\"https://static.tigerbbs.com/e0f87fc312d1d9568d892ff617c764ed\" tg-width=\"1280\" tg-height=\"692\" width=\"100%\" height=\"auto\"></p>\n<p><b>3. The case of higher inflation is building due to greater supply side constraints:</b>Forecasts were boosted for core inflation modestly and Powell noted that the supply side is constrained and creating challenges for inflation. As BofA notes, \"the Fed has become more concerned about persistent price pressures, although the critical test will be long-run inflation expectations, which remain well anchored. Monitoring the supply side developments will be critical:; the supply side remains constrained for both goods and labor.</p>\n<p><img src=\"https://static.tigerbbs.com/c5516c94d75fdd3cad63a50f70c800d2\" tg-width=\"898\" tg-height=\"358\" width=\"100%\" height=\"auto\"><b>Market reaction</b></p>\n<p>The rates market interpreted Fed communications as hawkish, with the yield curve flattening, 5Y rates 2bps higher &amp; 30Y rates 2bp lower.</p>\n<p><img src=\"https://static.tigerbbs.com/73d75e049d598d45ef7b365b7217039c\" tg-width=\"945\" tg-height=\"556\" width=\"100%\" height=\"auto\"></p>\n<p>This according to BofA, was driven by changes to the dot-plot and communication about tapering. Meanwhile, the US dollar initially sold off following release of the statement but subsequently rallied sharply during Chair Powell’s press conference, finishing the day higher, with lower beta FX (emphasis: EUR) underperforming. A strong probability of a November taper and, in particular, the new hawkish dot plot are likely continue to support USD in the weeks ahead, unless fears about a big policy mistake - one which potentially could force the Fed to proceed with QE - re-emerge as they did in June.</p>\n<p><b>On the November Taper</b></p>\n<p>While the statement was somewhat vague, Chair Powell was clear in the press conference. He noted that the criterion for substantial further progress for price stability has been met and has “all but been met” for employment, even if some cynics pointed out that is hardly the case.</p>\n<p><img src=\"https://static.tigerbbs.com/6aed2c94eac690f4eb801af27d8da740\" tg-width=\"561\" tg-height=\"519\" width=\"100%\" height=\"auto\"></p>\n<p>Powell said he would need to see a “good” but not exceptional jobs report in September to feel comfortable announcing tapering at the upcoming meeting in November. Powell was also specific on the path for tapering, noting that the Committee expects to finish tapering by the middle of the year, indicating a preference for a monthly pace for tapering, translating into $15bn every month.</p>\n<p><b>Hiking is (not) tapering</b></p>\n<p>Similar to 2013, Powell reiterated that the decision to taper is different from the decision to hike, stating that when tapering starts, we will be “well away from satisfying the liftoff test.” Despite similar rhetoric in 2013, it took the bond market months to agree with this take. However, what is clear - at least according to the Fed - is that at the end of the forecast horizon in 2024,<b>rates will still be below the long-run rate forecast, suggesting that policy will be supportive into 2025; one can only imagine what inflation will be then.</b>Powell also emphasized the importance of long-run inflation expectations, arguing that they are higher but mostly back to 2013 levels and not particularly troubling. He reiterated that the goal of FAIT was to push up inflation expectations, which is what has been done. He also mentioned the Fed Board’s Common Inflation Expectations (CIE) measure are at reasonable levels that are consistent with the FOMC’s inflation target.</p>\n<p><b>Transitory inflation is (not) permanent</b></p>\n<p>Powell attributed the sharp upward revisions to inflation to greater supply bottlenecks, which may be “with us for the next few months and into the next year.” It was unclear what will happen if they are with us well into 2022, especially since the supply side remains constrained for both goods and labor, something FedEx made abundantly clear in its earnings call last night when it slashed its EPS outlook due to soaring labor and operational costs. This, according to BofA, must be a concern for the Fed, as it threatens to keep inflation more elevated&nbsp; than they had been expecting. The speed by which the supply side constraints ease will be extremely important to inflation risks and the timing of the first hike.</p>\n<p><b>Rate market interpretation</b></p>\n<p>According to BofA, the rates market interpreted Fed communications as hawkish although this is somewhat suspect in line of the sharp curve flattening; in fact one could almost argue that the rates market indicated the Fed is engaging in another policy error.The hawkish interpretation was driven by the Fed’s dot plot and taper communications. The Fed’s dot plot signaled a pace of hikes that is in line with the market for end ’22, 10bps above the market for end ’23, and roughly 60bps above the market for end ’24. For the Fed to be credible, the market will have to move sharply higher, a move which will have adverse consequences on risk assets.</p>\n<p>The Fed communication also suggests a clearer bias for 5s30s curve flattening in coming months. The announcement of taper at the Nov FOMC should have a limited impact on spreads given the US Treasury is likely to announce coupon cuts on the same day. BofA continues to favor wider swap spreads across the curve in the months ahead due to these UST coupon cuts and ongoing steps to improve UST market structure.</p>\n<p>Finally, on a day when the Fed's overnight reverse repo facility hit an all time high of just under $1.3 trillion, the Fed announced an increase in their overnight reverse repo (ON RRP) per counterparty cap from $80bn to $160bn. Weflagged this possibility in Augustdue to increased money fund utilization of ON RRP, and the increase can be interpreted as a preemptive measure by the Fed to ensure abundant money fund &amp; GSE access to the Fed at September quarter end and in case there is a substantial flight to quality due to debt limit concerns.</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>Three Key Takeaways From The Fed Meeting</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nThree Key Takeaways From The Fed Meeting\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-09-23 15:36 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.zerohedge.com/markets/three-key-takeaways-fed-meeting><strong>zerohedge</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Confirming what we said in \"It's Official: Tapering To Begin In November, End In July\", the FOMC today paved the way for a taper start in two months when it said \"the Committee judges that a ...</p>\n\n<a href=\"https://www.zerohedge.com/markets/three-key-takeaways-fed-meeting\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"SPY":"标普500ETF",".SPX":"S&P 500 Index",".IXIC":"NASDAQ Composite",".DJI":"道琼斯"},"source_url":"https://www.zerohedge.com/markets/three-key-takeaways-fed-meeting","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1134836893","content_text":"Confirming what we said in \"It's Official: Tapering To Begin In November, End In July\", the FOMC today paved the way for a taper start in two months when it said \"the Committee judges that a moderation in the pace of asset purchases may soon be warranted.\" Furthermore, the projected path for the policy rate in the Summary of Economic Projections (SEP) showed an even split among FOMC members between zero and one hike in 2022, slightly above the OIS implied rate.\nAdditionally, the median projection implied three additional hikes each in 2023 and 2024 (for six and half total by end-2024). As shown in the chart above, the market - which is pricing in just 1% Fed Funds rate in 2024 - will have an uphill climb to catch up to the Fed.\nCuriously, in its commentary on the FOMC, Goldman appears to be hinting at a bit of a mutiny inside the Fed: according to Goldman's Jan Hatzius\"our best guess is that Chair Powell did not project a hike in 2022.\"Is Powell about to cede control to the far more hawkish regional Feds?\nIn its post-mortem of the FOMC, BofA chief economist Michelle Meyer said that on the whole, the Fed meeting was  another move in the \"more hawkish direction.\" even if the bank clarified that \"this is still a very dovish Fed that is highly committed to achieving higher inflation and a hot economy. But in the face of supply side constraints and growing signs of persistent inflation, it appears that those objectives could be met earlier.\"\nThis may explain why Goldman was wildly off in its forecast: as Hatzius notes, \"the median dot implied three additional hikes in 2023 and three more in 2024, implying three and half total hikes through end-2023 (vs two in June; we expected two at this meeting) and six and half hikes through end-2024 (not reported in June;we expected five at this meeting).\"\nThere were three key takeaways from the meeting:\n1. As noted above, taper on track to be announced in November and be completed by mid-year.While the taper signal in the statement was vague – “may soon be warranted” – Chair Powell clarified in the press conference that they could be ready in the upcoming meeting (in November). Hence absent a significant disappointment in the employment data or financial market disruption, this confirms what wesaid two weeks ago, that tapering will begin in November and end in July.\n\n2. Committee members are edging toward higher rates:As the Fed's updated dot plot showed, the Committee is now evenly split between the first hike in 2022 or 2023, which brought the median up to 0.25%. The consensus is now for 3 hikes in both 2023 and 2024, leaving rates at the end of the forecast horizon at 1.75%. As Chair Powell noted, this is still decently below the long-run funds rate of 2.5%, which means policy is still accommodative; meanwhile with 2024 OIS still pegged at 1% the market's verdict is no way the Fed can achieve this.\n\n3. The case of higher inflation is building due to greater supply side constraints:Forecasts were boosted for core inflation modestly and Powell noted that the supply side is constrained and creating challenges for inflation. As BofA notes, \"the Fed has become more concerned about persistent price pressures, although the critical test will be long-run inflation expectations, which remain well anchored. Monitoring the supply side developments will be critical:; the supply side remains constrained for both goods and labor.\nMarket reaction\nThe rates market interpreted Fed communications as hawkish, with the yield curve flattening, 5Y rates 2bps higher & 30Y rates 2bp lower.\n\nThis according to BofA, was driven by changes to the dot-plot and communication about tapering. Meanwhile, the US dollar initially sold off following release of the statement but subsequently rallied sharply during Chair Powell’s press conference, finishing the day higher, with lower beta FX (emphasis: EUR) underperforming. A strong probability of a November taper and, in particular, the new hawkish dot plot are likely continue to support USD in the weeks ahead, unless fears about a big policy mistake - one which potentially could force the Fed to proceed with QE - re-emerge as they did in June.\nOn the November Taper\nWhile the statement was somewhat vague, Chair Powell was clear in the press conference. He noted that the criterion for substantial further progress for price stability has been met and has “all but been met” for employment, even if some cynics pointed out that is hardly the case.\n\nPowell said he would need to see a “good” but not exceptional jobs report in September to feel comfortable announcing tapering at the upcoming meeting in November. Powell was also specific on the path for tapering, noting that the Committee expects to finish tapering by the middle of the year, indicating a preference for a monthly pace for tapering, translating into $15bn every month.\nHiking is (not) tapering\nSimilar to 2013, Powell reiterated that the decision to taper is different from the decision to hike, stating that when tapering starts, we will be “well away from satisfying the liftoff test.” Despite similar rhetoric in 2013, it took the bond market months to agree with this take. However, what is clear - at least according to the Fed - is that at the end of the forecast horizon in 2024,rates will still be below the long-run rate forecast, suggesting that policy will be supportive into 2025; one can only imagine what inflation will be then.Powell also emphasized the importance of long-run inflation expectations, arguing that they are higher but mostly back to 2013 levels and not particularly troubling. He reiterated that the goal of FAIT was to push up inflation expectations, which is what has been done. He also mentioned the Fed Board’s Common Inflation Expectations (CIE) measure are at reasonable levels that are consistent with the FOMC’s inflation target.\nTransitory inflation is (not) permanent\nPowell attributed the sharp upward revisions to inflation to greater supply bottlenecks, which may be “with us for the next few months and into the next year.” It was unclear what will happen if they are with us well into 2022, especially since the supply side remains constrained for both goods and labor, something FedEx made abundantly clear in its earnings call last night when it slashed its EPS outlook due to soaring labor and operational costs. This, according to BofA, must be a concern for the Fed, as it threatens to keep inflation more elevated  than they had been expecting. The speed by which the supply side constraints ease will be extremely important to inflation risks and the timing of the first hike.\nRate market interpretation\nAccording to BofA, the rates market interpreted Fed communications as hawkish although this is somewhat suspect in line of the sharp curve flattening; in fact one could almost argue that the rates market indicated the Fed is engaging in another policy error.The hawkish interpretation was driven by the Fed’s dot plot and taper communications. The Fed’s dot plot signaled a pace of hikes that is in line with the market for end ’22, 10bps above the market for end ’23, and roughly 60bps above the market for end ’24. For the Fed to be credible, the market will have to move sharply higher, a move which will have adverse consequences on risk assets.\nThe Fed communication also suggests a clearer bias for 5s30s curve flattening in coming months. The announcement of taper at the Nov FOMC should have a limited impact on spreads given the US Treasury is likely to announce coupon cuts on the same day. BofA continues to favor wider swap spreads across the curve in the months ahead due to these UST coupon cuts and ongoing steps to improve UST market structure.\nFinally, on a day when the Fed's overnight reverse repo facility hit an all time high of just under $1.3 trillion, the Fed announced an increase in their overnight reverse repo (ON RRP) per counterparty cap from $80bn to $160bn. Weflagged this possibility in Augustdue to increased money fund utilization of ON RRP, and the increase can be interpreted as a preemptive measure by the Fed to ensure abundant money fund & GSE access to the Fed at September quarter end and in case there is a substantial flight to quality due to debt limit concerns.","news_type":1},"isVote":1,"tweetType":1,"viewCount":78,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"defaultTab":"posts","isTTM":false}