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2022-02-04

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The Daily Biotech Pulse: Sanofi, Bristol-Myers Squibb Gain On Earnings, Valneva-Pfizer Tout Positive Lyme Disease Vaccine Data, UNITY Biotech Restructures

2021-08-05

Safe

Sorry, the original content has been removed

2021-08-03

Steady as she goes

2021-07-27

Higher please

2021-07-27

$Lithium Americas Corp.(LAC)$ not enough

2021-07-23

O.O--------

2021-07-23

$Westwater Resources Inc(WWR)$o.O

2021-07-22

Soon zoom

2021-07-22

$Cheetah Mobile(CMCM)$ no no no no no

2021-07-21

Bobibobi

2021-07-21

$Tiger Brokers(TIGR)$pleaseplease

2021-07-20

Haha haha

2021-07-17

Hmmmm

2021-06-25

Inflate!

Kyle Bass Slams Fed, Sees Inflation Everywhere He Looks

2021-06-24

Crypto as the hedge!

The Fed's Inflation Gamble Continues

2021-06-23

$Westwater Resources Inc(WWR)$ GO GO GO

2021-06-20

Hold up

NASDAQ TRADE HALT CONTINUES REASON NOT AVAILABLE AT 03:28 AM

2021-06-17

Good luck have fun

CureVac stock drops more than 50% on news trial COVID vaccine 47% effective

2021-06-16

Kaching

JPMorgan stockpiling cash, waiting for interest rates to rise -CEO

2021-06-14

To the moon

World stocks scale another peak as await Fed signal

Go to Tiger App to see more news

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Market Quotes, Business News, Financial News, Trading Ideas, and Stock Research by Professionals","home_visible":0,"media_name":"Benzinga","id":"1052270027","head_image":"https://static.tigerbbs.com/d08bf7808052c0ca9deb4e944cae32aa"},"pubTimestamp":1643981646,"share":"https://ttm.financial/m/news/2208699317?lang=en_US&edition=fundamental","pubTime":"2022-02-04 21:34","market":"us","language":"en","title":"The Daily Biotech Pulse: Sanofi, Bristol-Myers Squibb Gain On Earnings, Valneva-Pfizer Tout Positive Lyme Disease Vaccine Data, UNITY Biotech Restructures","url":"https://stock-news.laohu8.com/highlight/detail?id=2208699317","media":"Benzinga","summary":"Here&#39;s a roundup of top developments in the biotech space over the last 24 hours.","content":"<html><body><p>Here's a roundup of top developments in the biotech space over the last 24 hours.</p>\n<h3>Stocks In Focus</h3>\n<h3>Valneva, Pfizer Announces Mid-Stage Results For Lyme Disease Vaccine Candidate</h3>\n<p><strong><a href=\"https://laohu8.com/S/VNVLF\">Valneva SE</a> </strong>(NASDAQ:VALN) and <strong>Pfizer, Inc. </strong>(NYSE:PFE) announced further positive Phase 2 data for their Lyme disease vaccine candidate, VLA15. 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The company also said it will reduce its workforce, primarily in Discovery Research, by about 50%, reducing staff to 34 full-time employees by the middle of the year.</p>\n<p>The stock was up 8.49% at $1.15 in premarket trading.</p>\n<p><em>Click  here  to access Benzinga's FDA Calendar</em></p>\n<h3>Syndax Announces Promotion Of COO Michael Metzger To Role Of CEO</h3>\n<p><strong><a href=\"https://laohu8.com/S/SNDX\">Syndax Pharmaceuticals, Inc. </a></strong>(NASDAQ:SNDX) announced that Michael Metzger, President and Chief Operating Officer, will transition to the role of Chief Executive Officer, effective Thursday. Briggs Morrison, CEO, will transition to the role of President, Head of R&amp;D.</p>\n<h3>Galapagos Says Biotech Investment Firm EcoR1 Holds 5.2% Stake In The Company</h3>\n<p><strong><a href=\"https://laohu8.com/S/GLPG\">Galapagos NV</a> </strong>(NASDAQ:GLPG) noted that EcoR1 Capital held 3.4 million of the company's voting rights, consisting of 211,622 ordinary shares and 3.2 million ADRs. This represents 5.2% of Galapagos' outstanding shares.</p>\n<p>The stock was rising 1.81% to $65.26 in premarket trading.</p>\n<h3>Insider Transactions</h3>\n<p>Shares of COVID-19 testing company <strong>OraSure Technologies, Inc. </strong>(NASDAQ:OSUR) came under pressure after a series of filings with the SEC showed insider transactions.</p>\n<p>The stock was shedding 6.22% to $8.44 in after-hours trading.</p>\n<p><strong><a href=\"https://laohu8.com/S/AKRO\">Akero Therapeutics</a>, Inc.'s</strong>(NASDAQ:AKRO) President and CEO Andrew Cheng sold 10,000 shares in the company that were acquired by exercising of options.</p>\n<p>In premarket trading, the stock was dropping 5.12% to $16.50.</p>\n<p><em>Related Link: Attention Biotech Investors: Mark Your Calendar For These Key February PDUFA Dates </em></p>\n<h3>Earnings</h3>\n<p><strong><a href=\"https://laohu8.com/S/GCVRZ\">Sanofi</a> </strong>(NYSE:SNY) said  its fourth-quarter sales rose 4.1% and business EPS increased 9.8% at constant exchange range. The results were ahead of the expectations of most analysts. The company said it still expects Phase 3 trials of its partnered COVID-19 vaccine to be completed in the first quarter.</p>\n<p><strong><a href=\"https://laohu8.com/S/REGN\">Regeneron Pharmaceuticals</a>, Inc.'s </strong>(NASDAQ:REGN) fourth-quarter revenues jumped 104% to $4.95 billion and non-GAAP EPS came in at $23.72.The results were ahead of expectations.</p>\n<p><strong>Bristol-Myers Squibb Company </strong>(NYSE:BMY) said its fourth-quarter revenues climbed 8% to $11.99 billion and non-GAAP EPS increased from $1.46 to $1.83. The revenues were shy of estimates, while the bottom-line exceeded expectations. The company expects 2022 non-GAAP EPS of $7.65-$7.95 and worldwide revenues of about $47 billion. Analysts, on average, estimate non-GAAP EPS of $7.86 on revenues of $47.12 billion. The company also reaffirmed its long-term targets.</p>\n<p>Among the others that released earnings before the market are <strong>IRadimed Corporation </strong>(NASDAQ:IRMD), <strong>Meridian Bioscience, Inc. </strong>(NASDAQ:VIVO), <strong><a href=\"https://laohu8.com/S/IMVTU\">Immunovant, Inc.</a> </strong>(NASDAQ:IMVT) and<strong>Twist Bioscience Corporation </strong>(NASDAQ:TWST).</p>\n</body></html>","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 Daily Biotech Pulse: Sanofi, Bristol-Myers Squibb Gain On Earnings, Valneva-Pfizer Tout Positive Lyme Disease Vaccine Data, UNITY Biotech Restructures</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\">\nThe Daily Biotech Pulse: Sanofi, Bristol-Myers Squibb Gain On Earnings, Valneva-Pfizer Tout Positive Lyme Disease Vaccine Data, UNITY Biotech Restructures\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/d08bf7808052c0ca9deb4e944cae32aa);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Benzinga </p>\n<p class=\"h-time\">2022-02-04 21:34</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<html><body><p>Here's a roundup of top developments in the biotech space over the last 24 hours.</p>\n<h3>Stocks In Focus</h3>\n<h3>Valneva, Pfizer Announces Mid-Stage Results For Lyme Disease Vaccine Candidate</h3>\n<p><strong><a href=\"https://laohu8.com/S/VNVLF\">Valneva SE</a> </strong>(NASDAQ:VALN) and <strong>Pfizer, Inc. </strong>(NYSE:PFE) announced further positive Phase 2 data for their Lyme disease vaccine candidate, VLA15. Based on these new results, Valneva and Pfizer plan to proceed with a three-dose primary series vaccination schedule in a planned Phase 3 clinical trial. The trial will evaluate VLA15 in adults and pediatric subjects 5 years of age and above and is expected to be initiated in 2022, subject to regulatory approval.</p>\n<h3>UNITY Biotech Announces Restructuring Including 50% Job Cuts and Halting Earlier-Stage Program</h3>\n<p><strong>UNITY Biotechnology, Inc. </strong>(NASDAQ:UBX) announced it has initiated a restructuring program to align its resources on later-stage programs in ophthalmology while further extending operating capital into the first quarter of 2023.</p>\n<p>All the other programs will be paused. The company also said it will reduce its workforce, primarily in Discovery Research, by about 50%, reducing staff to 34 full-time employees by the middle of the year.</p>\n<p>The stock was up 8.49% at $1.15 in premarket trading.</p>\n<p><em>Click  here  to access Benzinga's FDA Calendar</em></p>\n<h3>Syndax Announces Promotion Of COO Michael Metzger To Role Of CEO</h3>\n<p><strong><a href=\"https://laohu8.com/S/SNDX\">Syndax Pharmaceuticals, Inc. </a></strong>(NASDAQ:SNDX) announced that Michael Metzger, President and Chief Operating Officer, will transition to the role of Chief Executive Officer, effective Thursday. Briggs Morrison, CEO, will transition to the role of President, Head of R&amp;D.</p>\n<h3>Galapagos Says Biotech Investment Firm EcoR1 Holds 5.2% Stake In The Company</h3>\n<p><strong><a href=\"https://laohu8.com/S/GLPG\">Galapagos NV</a> </strong>(NASDAQ:GLPG) noted that EcoR1 Capital held 3.4 million of the company's voting rights, consisting of 211,622 ordinary shares and 3.2 million ADRs. This represents 5.2% of Galapagos' outstanding shares.</p>\n<p>The stock was rising 1.81% to $65.26 in premarket trading.</p>\n<h3>Insider Transactions</h3>\n<p>Shares of COVID-19 testing company <strong>OraSure Technologies, Inc. </strong>(NASDAQ:OSUR) came under pressure after a series of filings with the SEC showed insider transactions.</p>\n<p>The stock was shedding 6.22% to $8.44 in after-hours trading.</p>\n<p><strong><a href=\"https://laohu8.com/S/AKRO\">Akero Therapeutics</a>, Inc.'s</strong>(NASDAQ:AKRO) President and CEO Andrew Cheng sold 10,000 shares in the company that were acquired by exercising of options.</p>\n<p>In premarket trading, the stock was dropping 5.12% to $16.50.</p>\n<p><em>Related Link: Attention Biotech Investors: Mark Your Calendar For These Key February PDUFA Dates </em></p>\n<h3>Earnings</h3>\n<p><strong><a href=\"https://laohu8.com/S/GCVRZ\">Sanofi</a> </strong>(NYSE:SNY) said  its fourth-quarter sales rose 4.1% and business EPS increased 9.8% at constant exchange range. The results were ahead of the expectations of most analysts. The company said it still expects Phase 3 trials of its partnered COVID-19 vaccine to be completed in the first quarter.</p>\n<p><strong><a href=\"https://laohu8.com/S/REGN\">Regeneron Pharmaceuticals</a>, Inc.'s </strong>(NASDAQ:REGN) fourth-quarter revenues jumped 104% to $4.95 billion and non-GAAP EPS came in at $23.72.The results were ahead of expectations.</p>\n<p><strong>Bristol-Myers Squibb Company </strong>(NYSE:BMY) said its fourth-quarter revenues climbed 8% to $11.99 billion and non-GAAP EPS increased from $1.46 to $1.83. The revenues were shy of estimates, while the bottom-line exceeded expectations. The company expects 2022 non-GAAP EPS of $7.65-$7.95 and worldwide revenues of about $47 billion. Analysts, on average, estimate non-GAAP EPS of $7.86 on revenues of $47.12 billion. The company also reaffirmed its long-term targets.</p>\n<p>Among the others that released earnings before the market are <strong>IRadimed Corporation </strong>(NASDAQ:IRMD), <strong>Meridian Bioscience, Inc. </strong>(NASDAQ:VIVO), <strong><a href=\"https://laohu8.com/S/IMVTU\">Immunovant, Inc.</a> </strong>(NASDAQ:IMVT) and<strong>Twist Bioscience Corporation </strong>(NASDAQ:TWST).</p>\n</body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"TWST":"Twist Bioscience Corp","REGN":"再生元制药公司","IRMD":"iRadimed Corporation","SNY":"赛诺菲安万特","VIVO":"美鼎生物","UBX":"Unity Biotechnology","GLPG":"Galapagos NV","AKRO":"Akero Therapeutics","PFE":"辉瑞","SNDX":"Syndax Pharmaceuticals, Inc. ","VALN":"Valneva SE","UNTY":"Unity Bancorp","BMY":"施贵宝","SNYNF":"Sanofi","IBB":"生物科技指数ETF-iShares Nasdaq","OSUR":"奥瑞许科技","IMVT":"Immunovant, Inc."},"source_url":"https://www.benzinga.com/general/biotech/22/02/25418129/the-daily-biotech-pulse-sanofi-bristol-myers-squibb-gain-on-earnings-valneva-pfizer-tout-positive","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2208699317","content_text":"Here's a roundup of top developments in the biotech space over the last 24 hours.\nStocks In Focus\nValneva, Pfizer Announces Mid-Stage Results For Lyme Disease Vaccine Candidate\nValneva SE (NASDAQ:VALN) and Pfizer, Inc. (NYSE:PFE) announced further positive Phase 2 data for their Lyme disease vaccine candidate, VLA15. Based on these new results, Valneva and Pfizer plan to proceed with a three-dose primary series vaccination schedule in a planned Phase 3 clinical trial. The trial will evaluate VLA15 in adults and pediatric subjects 5 years of age and above and is expected to be initiated in 2022, subject to regulatory approval.\nUNITY Biotech Announces Restructuring Including 50% Job Cuts and Halting Earlier-Stage Program\nUNITY Biotechnology, Inc. (NASDAQ:UBX) announced it has initiated a restructuring program to align its resources on later-stage programs in ophthalmology while further extending operating capital into the first quarter of 2023.\nAll the other programs will be paused. The company also said it will reduce its workforce, primarily in Discovery Research, by about 50%, reducing staff to 34 full-time employees by the middle of the year.\nThe stock was up 8.49% at $1.15 in premarket trading.\nClick  here  to access Benzinga's FDA Calendar\nSyndax Announces Promotion Of COO Michael Metzger To Role Of CEO\nSyndax Pharmaceuticals, Inc. (NASDAQ:SNDX) announced that Michael Metzger, President and Chief Operating Officer, will transition to the role of Chief Executive Officer, effective Thursday. Briggs Morrison, CEO, will transition to the role of President, Head of R&D.\nGalapagos Says Biotech Investment Firm EcoR1 Holds 5.2% Stake In The Company\nGalapagos NV (NASDAQ:GLPG) noted that EcoR1 Capital held 3.4 million of the company's voting rights, consisting of 211,622 ordinary shares and 3.2 million ADRs. This represents 5.2% of Galapagos' outstanding shares.\nThe stock was rising 1.81% to $65.26 in premarket trading.\nInsider Transactions\nShares of COVID-19 testing company OraSure Technologies, Inc. (NASDAQ:OSUR) came under pressure after a series of filings with the SEC showed insider transactions.\nThe stock was shedding 6.22% to $8.44 in after-hours trading.\nAkero Therapeutics, Inc.'s(NASDAQ:AKRO) President and CEO Andrew Cheng sold 10,000 shares in the company that were acquired by exercising of options.\nIn premarket trading, the stock was dropping 5.12% to $16.50.\nRelated Link: Attention Biotech Investors: Mark Your Calendar For These Key February PDUFA Dates \nEarnings\nSanofi (NYSE:SNY) said  its fourth-quarter sales rose 4.1% and business EPS increased 9.8% at constant exchange range. The results were ahead of the expectations of most analysts. 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23:27","market":"us","language":"en","title":"Kyle Bass Slams Fed, Sees Inflation Everywhere He Looks","url":"https://stock-news.laohu8.com/highlight/detail?id=1134836867","media":"zerohedge","summary":"With US stocks back at all-time highs as the market seemingly shrugged off the FOMC's reaction to th","content":"<p>With US stocks back at all-time highs as the market seemingly shrugged off the FOMC's reaction to the latest inflation numbers,Hayman Capital's Kyle Bass returned to CNBCfor an interview with the \"Closing Bell\" crew on Thursday, where he offered a dramatically different vision of the present economic scenario vis-a-vis inflation.</p>\n<p>Inan interview where heexpounded upon his claim that the US is already grappling with real inflation rates above 10%, the billionaire investor proclaimed that \"in every single aspect of life, I see inflation.\"</p>\n<p><img src=\"https://static.tigerbbs.com/d1d2089581ea201564daaba8b5aac961\" tg-width=\"521\" tg-height=\"310\"></p>\n<p>Why? Because during the past year and a half, the Fed has introduced more broad money into the American economy in the shortest time than we have seen at any point in American history.</p>\n<blockquote>\n \"I think look we're going to see a short-term turn-down in inflation because the initial inflationary burst was enormous...this transitory comment may play out to be true for a short period of time but I hink Sarah when you look at the the money supply the broad money in the US system from 1980 to 2010 it it vacillated between 50% and 60% of GDP and post the global financial crisis it moved up from roughly 60% to 68% 69% of GDP now that we're approaching 90 so in the one year period one and a half year period since COVID started we have introduced 34% more broad money in our system in the shortest time period in the history United States so we're going to see prices stay high and move higher over time if the fed continues to expand its balance sheet,\" Bass said.\n</blockquote>\n<p>Even as the financial press prattles on about the significance of the Fed finally starting to consider tapering its asset purchases, Bass believes that the central bank won't be able to shrink its balance sheet so easily.</p>\n<blockquote>\n \"We're going to see prices stay high and move higher over time if the Fed continues to expand its balance sheet which I think it will,\" Bass said.\n</blockquote>\n<p>So, what can investors do to fight this \"inflation monster\", as Bass colorfully described it. Well, he suggested they focus on hard assets like commodities and real estate,which BlackRock is already buying up in droves.</p>\n<p>Equities should \"do fine\", Bass said, citing data purporting to show that equity prices keep up with between 95% and 88% of inflation over the long term (though that certainly doesn't seem to fit the last decade).</p>\n<p>As for his assessment of inflation and its dramatic difference with the Fed's view, Bass quipped: \"Your bank account is the final determinant whether there is inflation or not,\" he concluded, highlighting the higher prices consumers have seen for things like food and cars.\"</p>\n<blockquote>\n \"If you're in the market place you want to own commodities if you’re in the real world you want to own productive real estate you even want to buy rural land in front of major demographic moves in the US...I’d rather own hard assets than equities today because I think we’re only seeing just the beginning of population moves in the US.\"\n</blockquote>","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\">\nKyle Bass Slams Fed, Sees Inflation Everywhere He Looks\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-25 23:27 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.zerohedge.com/markets/kyle-bass-warns-every-aspect-my-life-i-see-inflation?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+zerohedge%2Ffeed+%28zero+hedge+-+on+a+long+enough+timeline%2C+the+survival+rate+for+everyone+drops+to+zero%29><strong>zerohedge</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>With US stocks back at all-time highs as the market seemingly shrugged off the FOMC's reaction to the latest inflation numbers,Hayman Capital's Kyle Bass returned to CNBCfor an interview with the \"...</p>\n\n<a href=\"https://www.zerohedge.com/markets/kyle-bass-warns-every-aspect-my-life-i-see-inflation?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+zerohedge%2Ffeed+%28zero+hedge+-+on+a+long+enough+timeline%2C+the+survival+rate+for+everyone+drops+to+zero%29\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".DJI":"道琼斯",".SPX":"S&P 500 Index",".IXIC":"NASDAQ Composite","SPY":"标普500ETF"},"source_url":"https://www.zerohedge.com/markets/kyle-bass-warns-every-aspect-my-life-i-see-inflation?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+zerohedge%2Ffeed+%28zero+hedge+-+on+a+long+enough+timeline%2C+the+survival+rate+for+everyone+drops+to+zero%29","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1134836867","content_text":"With US stocks back at all-time highs as the market seemingly shrugged off the FOMC's reaction to the latest inflation numbers,Hayman Capital's Kyle Bass returned to CNBCfor an interview with the \"Closing Bell\" crew on Thursday, where he offered a dramatically different vision of the present economic scenario vis-a-vis inflation.\nInan interview where heexpounded upon his claim that the US is already grappling with real inflation rates above 10%, the billionaire investor proclaimed that \"in every single aspect of life, I see inflation.\"\n\nWhy? Because during the past year and a half, the Fed has introduced more broad money into the American economy in the shortest time than we have seen at any point in American history.\n\n \"I think look we're going to see a short-term turn-down in inflation because the initial inflationary burst was enormous...this transitory comment may play out to be true for a short period of time but I hink Sarah when you look at the the money supply the broad money in the US system from 1980 to 2010 it it vacillated between 50% and 60% of GDP and post the global financial crisis it moved up from roughly 60% to 68% 69% of GDP now that we're approaching 90 so in the one year period one and a half year period since COVID started we have introduced 34% more broad money in our system in the shortest time period in the history United States so we're going to see prices stay high and move higher over time if the fed continues to expand its balance sheet,\" Bass said.\n\nEven as the financial press prattles on about the significance of the Fed finally starting to consider tapering its asset purchases, Bass believes that the central bank won't be able to shrink its balance sheet so easily.\n\n \"We're going to see prices stay high and move higher over time if the Fed continues to expand its balance sheet which I think it will,\" Bass said.\n\nSo, what can investors do to fight this \"inflation monster\", as Bass colorfully described it. Well, he suggested they focus on hard assets like commodities and real estate,which BlackRock is already buying up in droves.\nEquities should \"do fine\", Bass said, citing data purporting to show that equity prices keep up with between 95% and 88% of inflation over the long term (though that certainly doesn't seem to fit the last decade).\nAs for his assessment of inflation and its dramatic difference with the Fed's view, Bass quipped: \"Your bank account is the final determinant whether there is inflation or not,\" he concluded, highlighting the higher prices consumers have seen for things like food and cars.\"\n\n \"If you're in the market place you want to own commodities if you’re in the real world you want to own productive real estate you even want to buy rural land in front of major demographic moves in the US...I’d rather own hard assets than equities today because I think we’re only seeing just the beginning of population moves in the US.\"","news_type":1,"symbols_score_info":{".DJI":0.9,".IXIC":0.9,"SPY":0.9,".SPX":0.9}},"isVote":1,"tweetType":1,"viewCount":816,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":128459068,"gmtCreate":1624528611054,"gmtModify":1703839436193,"author":{"id":"3571782327892977","authorId":"3571782327892977","name":"VincentYeo","avatar":"https://static.tigerbbs.com/304c3897d2ddafdd707517fbd4c7a86d","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3571782327892977","idStr":"3571782327892977"},"themes":[],"htmlText":"Crypto as the hedge!","listText":"Crypto as the hedge!","text":"Crypto as the hedge!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/128459068","repostId":"1159732624","repostType":2,"repost":{"id":"1159732624","kind":"news","pubTimestamp":1624523072,"share":"https://ttm.financial/m/news/1159732624?lang=en_US&edition=fundamental","pubTime":"2021-06-24 16:24","market":"us","language":"en","title":"The Fed's Inflation Gamble Continues","url":"https://stock-news.laohu8.com/highlight/detail?id=1159732624","media":"zerohedge","summary":"The fed's inflation gamble continues...\nAre central banks trapped?\nLast week’s Fed statement and the","content":"<p>The fed's inflation gamble continues...</p>\n<p>Are central banks trapped?</p>\n<p>Last week’s Fed statement and the press conference that followed proved to be the start of a US$90 (4.8%) decline in the gold price.</p>\n<p>The fed's inflation gamble continues...</p>\n<p>Are central banks trapped?</p>\n<p>Last week’s Fed statement and the press conference that followed proved to be the start of a US$90 (4.8%) decline in the gold price.</p>\n<p><img src=\"https://static.tigerbbs.com/b5f6f4d07713bdee7bee47adab746e65\" tg-width=\"1004\" tg-height=\"576\"><i>Gold Price Daily Chart</i></p>\n<p>Fed on Economic Recovery</p>\n<p>The Summary of Economic Projections (known as the dot-plots) released with the statement showed that committee members changed their median projection for the Fed Funds rate from its current rate of 0.1% to 0.6% by 2023 year-end – an increase of 0.5% or two rate increases more than two years from now.</p>\n<p>And these forecasted rate increases will only happen if inflation is well anchored above the 2% target and the Fed feels it has met its maximum employment part of the mandate. In response to a question in the press conference Chair Powell said:</p>\n<blockquote>\n <i>… the main message I would take away from the SEP is that many [FOMC] participants are more comfortable that the economic conditions in the Committee's forward guidance will be met somewhat sooner than previously anticipated [i.e., labor market conditions consistent with maximum employment, inflation at 2 percent and on track to exceed 2 percent]. And that [is] a welcome development. If such outcomes materialize, it means the economy will have made faster progress toward our goals.</i>\n</blockquote>\n<blockquote>\n <i> …… the other thing I'll say is</i>\n <i><b>rate increases are really not at all the focus of the Committee.</b></i>\n <i>The focus of the Committee is the current state of the economy. …</i>\n <i><b>we're [still] very far from maximum employment,</b></i>\n <i>for example. …</i>\n <i><b>the near-term discussion that will begin is about the path of asset purchases</b></i>\n <i>… we [discussed] that today, and expect to continue in future meetings to think about our progress … Lift-off [a hike in the FF-rate] is well into the future …</i>\n</blockquote>\n<p>The Fed has reason to be optimistic about the economy, as economic data, both anecdotal and official data releases have been stronger than expected.</p>\n<p>The housing market in many parts of the country is red hot, employers are scrambling to find workers, retail sales have been strong, and inflation, even taking out the drop from last year has been somewhat elevated.</p>\n<p>And remember the Fed is adding US$80 billion in US Treasuries, and US$40 billion in mortgage-backed securities to its balance sheet each month – that’s $120 billion in extra liquidity flowing straight into already drunk markets.</p>\n<p>Assets on the Fed’s balance sheet hit over US$8 trillion last week – that is 36% of US GDP.</p>\n<p>So here is the trap – not only did gold prices decline by almost 5% last week, but interest rates shot up and the US dollar gained strength – all on the Fed<i>talking about tapering</i>and a forecast of a possible increase more than two years from now. Back to Powell’s press conference for his comments on tapering:</p>\n<blockquote>\n <i>… [As to when we might consider starting to reduce our asset purchases] you can think of this meeting that we had as</i>\n <i><b>the talking about [tapering] meeting</b></i>\n <i>…</i>\n</blockquote>\n<blockquote>\n <i>… We don't think that we're in a situation [where we need to raise rates to control inflation]. We think that</i>\n <i><b>the economy is recovering from a deep hole</b></i>\n <i>, an unusual hole actually, because it's to do with shutting down the economy. It turns out it's a heck of a lot easier to create demand than it is to bring supply back up to snuff …</i>\n</blockquote>\n<p><img src=\"https://static.tigerbbs.com/ec4fa685f7c5899a9b342d3532c07720\" tg-width=\"1006\" tg-height=\"574\"><img src=\"https://static.tigerbbs.com/1e18dc5c6c4033c23e38c134098332cb\" tg-width=\"1010\" tg-height=\"578\"></p>\n<p><i>US Dollar Index (DXY) Chart</i></p>\n<p><b>Threat of soaring debts</b></p>\n<p>If the market reaction is this strong when the Fed only starts mentioning that it is talking about a plan to cut back on asset purchases. Moreover, that there might be an eventual interest rate increase more than two years from now. How do they actually get a plan implemented that doesn’t send the US economy into a downturn?</p>\n<p>The US government added more than US$5 trillion in debt since the onset of the Covid-19 Pandemic in March of 2020. Also, the baseline projection from the Congressional Budget Office is that the US federal budget deficit will average US$1.2 trillion per year over the next decade.</p>\n<p>That’s right this is the baseline projection! It does not include any extra spending that the Biden Administration and Congress may pass (such as the currently debated infrastructure bill). US debt is now more than 100% of GDP. For every 1 percent increase in interest rates, more of the US government revenues are sucked up servicing its debt, which leaves less for other programs, which no politicians want!</p>\n<p>And if the US leads the way with interest rate increases this puts more upward pressure on the US dollar. Which is good for US consumers of imported goods, but not good for US exporting companies or their employees.</p>\n<p>Bottom line is that the Fed is going to stay behind the inflation curve and lower for longer is still the motto of the day. Higher inflation, low real-rates, and a lower dollar are all good for gold in the long-run!</p>\n<p>We turn back to Chair Powell’s comments in the press conference for the last word:</p>\n<blockquote>\n <i>… the last thing to say is, the</i>\n <i><b>dots are not a great forecaster of future rate moves.</b></i>\n <i>And that's because it's so highly uncertain …</i>\n</blockquote>","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 Fed's Inflation Gamble Continues</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; 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}\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 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\">\nThe Fed's Inflation Gamble Continues\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-24 16:24 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.zerohedge.com/news/2021-06-23/feds-inflation-gamble-continues><strong>zerohedge</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>The fed's inflation gamble continues...\nAre central banks trapped?\nLast week’s Fed statement and the press conference that followed proved to be the start of a US$90 (4.8%) decline in the gold price.\n...</p>\n\n<a href=\"https://www.zerohedge.com/news/2021-06-23/feds-inflation-gamble-continues\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".SPX":"S&P 500 Index","SPY":"标普500ETF",".IXIC":"NASDAQ Composite",".DJI":"道琼斯"},"source_url":"https://www.zerohedge.com/news/2021-06-23/feds-inflation-gamble-continues","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1159732624","content_text":"The fed's inflation gamble continues...\nAre central banks trapped?\nLast week’s Fed statement and the press conference that followed proved to be the start of a US$90 (4.8%) decline in the gold price.\nThe fed's inflation gamble continues...\nAre central banks trapped?\nLast week’s Fed statement and the press conference that followed proved to be the start of a US$90 (4.8%) decline in the gold price.\nGold Price Daily Chart\nFed on Economic Recovery\nThe Summary of Economic Projections (known as the dot-plots) released with the statement showed that committee members changed their median projection for the Fed Funds rate from its current rate of 0.1% to 0.6% by 2023 year-end – an increase of 0.5% or two rate increases more than two years from now.\nAnd these forecasted rate increases will only happen if inflation is well anchored above the 2% target and the Fed feels it has met its maximum employment part of the mandate. In response to a question in the press conference Chair Powell said:\n\n… the main message I would take away from the SEP is that many [FOMC] participants are more comfortable that the economic conditions in the Committee's forward guidance will be met somewhat sooner than previously anticipated [i.e., labor market conditions consistent with maximum employment, inflation at 2 percent and on track to exceed 2 percent]. And that [is] a welcome development. If such outcomes materialize, it means the economy will have made faster progress toward our goals.\n\n\n …… the other thing I'll say is\nrate increases are really not at all the focus of the Committee.\nThe focus of the Committee is the current state of the economy. …\nwe're [still] very far from maximum employment,\nfor example. …\nthe near-term discussion that will begin is about the path of asset purchases\n… we [discussed] that today, and expect to continue in future meetings to think about our progress … Lift-off [a hike in the FF-rate] is well into the future …\n\nThe Fed has reason to be optimistic about the economy, as economic data, both anecdotal and official data releases have been stronger than expected.\nThe housing market in many parts of the country is red hot, employers are scrambling to find workers, retail sales have been strong, and inflation, even taking out the drop from last year has been somewhat elevated.\nAnd remember the Fed is adding US$80 billion in US Treasuries, and US$40 billion in mortgage-backed securities to its balance sheet each month – that’s $120 billion in extra liquidity flowing straight into already drunk markets.\nAssets on the Fed’s balance sheet hit over US$8 trillion last week – that is 36% of US GDP.\nSo here is the trap – not only did gold prices decline by almost 5% last week, but interest rates shot up and the US dollar gained strength – all on the Fedtalking about taperingand a forecast of a possible increase more than two years from now. Back to Powell’s press conference for his comments on tapering:\n\n… [As to when we might consider starting to reduce our asset purchases] you can think of this meeting that we had as\nthe talking about [tapering] meeting\n…\n\n\n… We don't think that we're in a situation [where we need to raise rates to control inflation]. We think that\nthe economy is recovering from a deep hole\n, an unusual hole actually, because it's to do with shutting down the economy. It turns out it's a heck of a lot easier to create demand than it is to bring supply back up to snuff …\n\n\nUS Dollar Index (DXY) Chart\nThreat of soaring debts\nIf the market reaction is this strong when the Fed only starts mentioning that it is talking about a plan to cut back on asset purchases. Moreover, that there might be an eventual interest rate increase more than two years from now. How do they actually get a plan implemented that doesn’t send the US economy into a downturn?\nThe US government added more than US$5 trillion in debt since the onset of the Covid-19 Pandemic in March of 2020. Also, the baseline projection from the Congressional Budget Office is that the US federal budget deficit will average US$1.2 trillion per year over the next decade.\nThat’s right this is the baseline projection! It does not include any extra spending that the Biden Administration and Congress may pass (such as the currently debated infrastructure bill). US debt is now more than 100% of GDP. For every 1 percent increase in interest rates, more of the US government revenues are sucked up servicing its debt, which leaves less for other programs, which no politicians want!\nAnd if the US leads the way with interest rate increases this puts more upward pressure on the US dollar. Which is good for US consumers of imported goods, but not good for US exporting companies or their employees.\nBottom line is that the Fed is going to stay behind the inflation curve and lower for longer is still the motto of the day. Higher inflation, low real-rates, and a lower dollar are all good for gold in the long-run!\nWe turn back to Chair Powell’s comments in the press conference for the last word:\n\n… the last thing to say is, the\ndots are not a great forecaster of future rate moves.\nAnd that's because it's so highly uncertain …","news_type":1,"symbols_score_info":{".IXIC":0.9,"SPY":0.9,".SPX":0.9,".DJI":0.9}},"isVote":1,"tweetType":1,"viewCount":1080,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":129560449,"gmtCreate":1624377841581,"gmtModify":1703835030893,"author":{"id":"3571782327892977","authorId":"3571782327892977","name":"VincentYeo","avatar":"https://static.tigerbbs.com/304c3897d2ddafdd707517fbd4c7a86d","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3571782327892977","idStr":"3571782327892977"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/WWR\">$Westwater Resources Inc(WWR)$</a> GO GO GO","listText":"<a href=\"https://laohu8.com/S/WWR\">$Westwater Resources Inc(WWR)$</a> GO GO GO","text":"$Westwater Resources Inc(WWR)$ GO GO GO","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/129560449","isVote":1,"tweetType":1,"viewCount":1513,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":164884209,"gmtCreate":1624192469901,"gmtModify":1703830406265,"author":{"id":"3571782327892977","authorId":"3571782327892977","name":"VincentYeo","avatar":"https://static.tigerbbs.com/304c3897d2ddafdd707517fbd4c7a86d","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3571782327892977","idStr":"3571782327892977"},"themes":[],"htmlText":"Hold&nbsp;up","listText":"Hold&nbsp;up","text":"Hold up","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/164884209","repostId":"2144770312","repostType":2,"repost":{"id":"2144770312","kind":"highlight","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":1624087706,"share":"https://ttm.financial/m/news/2144770312?lang=en_US&edition=fundamental","pubTime":"2021-06-19 15:28","market":"us","language":"en","title":"NASDAQ TRADE HALT CONTINUES    REASON NOT AVAILABLE AT 03:28 AM","url":"https://stock-news.laohu8.com/highlight/detail?id=2144770312","media":"Reuters","summary":"NASDAQ TRADE HALT CONTINUES    REASON NOT AVAILABLE AT 03:28 AM","content":"<html><body><p>NASDAQ TRADE HALT CONTINUES    REASON NOT AVAILABLE AT 03:28 AM</p></body></html>","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>NASDAQ TRADE HALT CONTINUES    REASON NOT AVAILABLE AT 03:28 AM</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; 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415-439-6400; AskNewswires@dowjones.com \n</p>\n<pre>\n \n</pre>\n<p>\n  <a href=\"https://laohu8.com/S/END\">$(END)$</a> Dow Jones Newswires\n</p>\n<p>\n  June 16, 2021 17:11 ET (21:11 GMT)\n</p>\n<p>\n  Copyright (c) 2021 Dow Jones &amp; Company, Inc.\n</p>\n</font></body></html>","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>CureVac stock drops more than 50% on news trial COVID vaccine 47% effective</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\">\nCureVac stock drops more than 50% on news trial COVID vaccine 47% effective\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Dow Jones </p>\n<p class=\"h-time\">2021-06-17 05:11</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<html><body><font class=\"NormalMinus1\" face=\"Arial\">\n<p>\nMW CureVac stock drops more than 50% on news trial COVID vaccine 47% effective\n</p>\n<p>\n  Claudia Assis \n</p>\n<p>\n  Shares of Curevac NV tanked more than 50% in the extended session Wednesday after the pharma company said its trial COVID-19 vaccine showed an efficacy of 47% against the illness. \n</p>\n<p>\n  Curevac's <a href=\"https://laohu8.com/S/CVAC\">$(CVAC)$</a> messenger RNA-based vaccine would compete with similar vaccines from Pfizer and BioNTech as well as Moderna, which have shown efficacy above 90%  and have already been distributed to millions of people across the globe. \n</p>\n<p>\n  -Claudia Assis; 415-439-6400; AskNewswires@dowjones.com \n</p>\n<pre>\n \n</pre>\n<p>\n  <a href=\"https://laohu8.com/S/END\">$(END)$</a> Dow Jones Newswires\n</p>\n<p>\n  June 16, 2021 17:11 ET (21:11 GMT)\n</p>\n<p>\n  Copyright (c) 2021 Dow Jones &amp; Company, Inc.\n</p>\n</font></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"CVAC":"CureVac B.V.","PFE":"辉瑞"},"source_url":"http://dowjonesnews.com/newdjn/logon.aspx?AL=N","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2144713547","content_text":"MW CureVac stock drops more than 50% on news trial COVID vaccine 47% effective\n\n\n  Claudia Assis \n\n\n  Shares of Curevac NV tanked more than 50% in the extended session Wednesday after the pharma company said its trial COVID-19 vaccine showed an efficacy of 47% against the illness. \n\n\n  Curevac's $(CVAC)$ messenger RNA-based vaccine would compete with similar vaccines from Pfizer and BioNTech as well as Moderna, which have shown efficacy above 90%  and have already been distributed to millions of people across the globe. \n\n\n  -Claudia Assis; 415-439-6400; AskNewswires@dowjones.com \n\n\n \n\n\n$(END)$ Dow Jones Newswires\n\n\n  June 16, 2021 17:11 ET (21:11 GMT)\n\n\n  Copyright (c) 2021 Dow Jones & Company, Inc.","news_type":1,"symbols_score_info":{"PFE":0.65,"CVAC":0.9}},"isVote":1,"tweetType":1,"viewCount":748,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":169220911,"gmtCreate":1623838603533,"gmtModify":1703820977524,"author":{"id":"3571782327892977","authorId":"3571782327892977","name":"VincentYeo","avatar":"https://static.tigerbbs.com/304c3897d2ddafdd707517fbd4c7a86d","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3571782327892977","idStr":"3571782327892977"},"themes":[],"htmlText":"Kaching","listText":"Kaching","text":"Kaching","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/169220911","repostId":"2143335187","repostType":4,"repost":{"id":"2143335187","kind":"highlight","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":1623834338,"share":"https://ttm.financial/m/news/2143335187?lang=en_US&edition=fundamental","pubTime":"2021-06-16 17:05","market":"us","language":"en","title":"JPMorgan stockpiling cash, waiting for interest rates to rise -CEO","url":"https://stock-news.laohu8.com/highlight/detail?id=2143335187","media":"Reuters","summary":"NEW YORK, June 14 (Reuters) - JPMorgan Chase & Co Chief Executive Jamie Dimon said on Monday the ban","content":"<p>NEW YORK, June 14 (Reuters) - JPMorgan Chase &amp; Co Chief Executive Jamie Dimon said on Monday the bank is holding around $500 billion in cash, putting it in a position to benefit from higher interest rates.</p> \n<p>\"We've actually been effectively stockpiling more and more cash, waiting for opportunities to invest at higher rates,\" Dimon said during a virtual conference held by <a href=\"https://laohu8.com/S/MSTLW\">Morgan Stanley</a>. \"So our balance sheet is positioned (to) benefit from rising rates.\"</p> \n<p>Dimon, who heads the largest U.S. bank by assets, said he expects rising inflation to result in higher interest rates over the next 9 months.</p> \n<p>\"I think you're also going to have a very, very strong economy,\" which will also benefit the retail bank, he said. \"We try to take all that in consideration (when) we manage the balance sheet.\"</p> \n<p>The Federal Reserve is expected to make a statement on Wednesday that will indicate when the U.S. central bank is likely to begin paring back its unprecedented monetary stimulus.</p> \n<p>The Fed's preferred inflation gauge, the core personal consumption expenditures price index, jumped in April to 3.1%, its highest annual rate since July 1992.</p> \n<p>Dimon also forecast that the bank's bond and equity trading division will make $6 billion in revenues this quarter, and its investment bank may report <a href=\"https://laohu8.com/S/AONE\">one</a> of its best-ever quarters.</p> \n<p>\"I would just use a number like up 20% from both prior year and prior quarter. It could be 15% to 20%,\" Dimon said.</p> \n<p>Dimon said the investment bank is benefiting from several big deals that \"may or may not close\" this quarter, as well as strong client activity in equities and debt capital markets and mergers and acquisitions.</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>JPMorgan stockpiling cash, waiting for interest rates to rise -CEO</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; 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}\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 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\">\nJPMorgan stockpiling cash, waiting for interest rates to rise -CEO\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\">2021-06-16 17:05</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>NEW YORK, June 14 (Reuters) - JPMorgan Chase &amp; Co Chief Executive Jamie Dimon said on Monday the bank is holding around $500 billion in cash, putting it in a position to benefit from higher interest rates.</p> \n<p>\"We've actually been effectively stockpiling more and more cash, waiting for opportunities to invest at higher rates,\" Dimon said during a virtual conference held by <a href=\"https://laohu8.com/S/MSTLW\">Morgan Stanley</a>. \"So our balance sheet is positioned (to) benefit from rising rates.\"</p> \n<p>Dimon, who heads the largest U.S. bank by assets, said he expects rising inflation to result in higher interest rates over the next 9 months.</p> \n<p>\"I think you're also going to have a very, very strong economy,\" which will also benefit the retail bank, he said. \"We try to take all that in consideration (when) we manage the balance sheet.\"</p> \n<p>The Federal Reserve is expected to make a statement on Wednesday that will indicate when the U.S. central bank is likely to begin paring back its unprecedented monetary stimulus.</p> \n<p>The Fed's preferred inflation gauge, the core personal consumption expenditures price index, jumped in April to 3.1%, its highest annual rate since July 1992.</p> \n<p>Dimon also forecast that the bank's bond and equity trading division will make $6 billion in revenues this quarter, and its investment bank may report <a href=\"https://laohu8.com/S/AONE\">one</a> of its best-ever quarters.</p> \n<p>\"I would just use a number like up 20% from both prior year and prior quarter. It could be 15% to 20%,\" Dimon said.</p> \n<p>Dimon said the investment bank is benefiting from several big deals that \"may or may not close\" this quarter, as well as strong client activity in equities and debt capital markets and mergers and acquisitions.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"JPM":"摩根大通"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2143335187","content_text":"NEW YORK, June 14 (Reuters) - JPMorgan Chase & Co Chief Executive Jamie Dimon said on Monday the bank is holding around $500 billion in cash, putting it in a position to benefit from higher interest rates.\n\"We've actually been effectively stockpiling more and more cash, waiting for opportunities to invest at higher rates,\" Dimon said during a virtual conference held by Morgan Stanley. \"So our balance sheet is positioned (to) benefit from rising rates.\"\nDimon, who heads the largest U.S. bank by assets, said he expects rising inflation to result in higher interest rates over the next 9 months.\n\"I think you're also going to have a very, very strong economy,\" which will also benefit the retail bank, he said. \"We try to take all that in consideration (when) we manage the balance sheet.\"\nThe Federal Reserve is expected to make a statement on Wednesday that will indicate when the U.S. central bank is likely to begin paring back its unprecedented monetary stimulus.\nThe Fed's preferred inflation gauge, the core personal consumption expenditures price index, jumped in April to 3.1%, its highest annual rate since July 1992.\nDimon also forecast that the bank's bond and equity trading division will make $6 billion in revenues this quarter, and its investment bank may report one of its best-ever quarters.\n\"I would just use a number like up 20% from both prior year and prior quarter. It could be 15% to 20%,\" Dimon said.\nDimon said the investment bank is benefiting from several big deals that \"may or may not close\" this quarter, as well as strong client activity in equities and debt capital markets and mergers and acquisitions.","news_type":1,"symbols_score_info":{"JPM":0.9}},"isVote":1,"tweetType":1,"viewCount":743,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":185557426,"gmtCreate":1623662359665,"gmtModify":1704208069466,"author":{"id":"3571782327892977","authorId":"3571782327892977","name":"VincentYeo","avatar":"https://static.tigerbbs.com/304c3897d2ddafdd707517fbd4c7a86d","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3571782327892977","idStr":"3571782327892977"},"themes":[],"htmlText":"To the moon","listText":"To the moon","text":"To the moon","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":6,"repostSize":0,"link":"https://ttm.financial/post/185557426","repostId":"2143781032","repostType":4,"repost":{"id":"2143781032","kind":"highlight","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":1623661749,"share":"https://ttm.financial/m/news/2143781032?lang=en_US&edition=fundamental","pubTime":"2021-06-14 17:09","market":"us","language":"en","title":"World stocks scale another peak as await Fed signal","url":"https://stock-news.laohu8.com/highlight/detail?id=2143781032","media":"Reuters","summary":"* Stocks hit all-time highs as Fed awaited\n* Investors expect dovish tone to be maintained\n* Oil mar","content":"<p>* Stocks hit all-time highs as Fed awaited</p>\n<p>* Investors expect dovish tone to be maintained</p>\n<p>* Oil marches to multi-year highs as economies reopen</p>\n<p>LONDON/TOKYO, June 14 (Reuters) - World stocks climbed another peak on Monday, while U.S. bond yields were near three-month lows as worries of rising inflation abated and investors anticipated the U.S. Federal Reserve sticking to its dovish course this week.</p>\n<p>The MSCI world equity index and Europe's STOXX 600 index reached record highs, lifted by the prospect of a broadening economic recovery from COVID-19 and anticipation of dovish monetary policy from central banks.</p>\n<p>Recovery bets also boosted oil to May 2019 highs.</p>\n<p>S&amp;P 500 futures meanwhile nudged 0.1% higher, with investors apparently viewing Thursday's above-forecast U.S. inflation data and surging factory prices in China as temporary or manageable.</p>\n<p>Goldman Sachs economists said concerns that rising inflation will derail the market recovery or lead to sharply higher bond yields were probably misplaced.</p>\n<p>\"The rally at the moment feels cautiously optimistic. The reality is that I feel it will continue to climb slowly as we continue to see decent data supporting the argument,\" John Woolfitt, Director at Atlantic Capital at London, said.</p>\n<p>Yields on the 10-year U.S. Treasuries stood at 1.4602%, with investors seemingly relaxed about their inflation concerns, which spooked rates in late March.</p>\n<p>\"It is becoming painful for bond bears and I bet the 10-year yield will fall to 1.25% or even 1%,\" said Akira Takei, fund manager at Asset Management One, noting that the U.S. economic recovery is likely to slow in coming months.</p>\n<p>Speculators' net long positions in U.S. bond futures hit the highest level since October 2017 , U.S. financial watchdog data showed.</p>\n<p>Many investors expect the Fed to repeat its dovish view at its two-day meeting from Tuesday. While some board members have said the central bank should start discussing tapering its bond buying, most investors think a majority still prefer to wait.</p>\n<p>Markets in Asia were calmer with China, Hong Kong and Australia closed for a holiday. Japan's Nikkei rose 0.7%, while MSCI's broadest index of Asia-Pacific shares outside Japan was down 0.2%.</p>\n<p>Broader markets largely shrugged off the weekend's G7 meeting, which scolded China over human rights in its Xinjiang region, called for Hong Kong to keep a high degree of autonomy and demanded a full and thorough investigation of the origins of the coronavirus in China.</p>\n<p>BOUNCY BITCOIN</p>\n<p>In currencies, the euro has lost steam after the European Central Bank last week showed no willingness to reduce its stimulus and traded at $1.2109 , having fallen to a <a href=\"https://laohu8.com/S/AONE\">one</a>-month low of $1.2093 on Friday .</p>\n<p>The yen stood little changed at 109.68 yen , while the British pound changed hands at $1.4108, near the lower end of its trading range over the past month.</p>\n<p>Bitcoin held on to weekend gains, when Elon Musk flagged Tesla's possible resumption of transactions using the token. It was last bought at $39,267.</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>World stocks scale another peak as await Fed signal</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\">\nWorld stocks scale another peak as await Fed signal\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\">2021-06-14 17:09</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>* Stocks hit all-time highs as Fed awaited</p>\n<p>* Investors expect dovish tone to be maintained</p>\n<p>* Oil marches to multi-year highs as economies reopen</p>\n<p>LONDON/TOKYO, June 14 (Reuters) - World stocks climbed another peak on Monday, while U.S. bond yields were near three-month lows as worries of rising inflation abated and investors anticipated the U.S. Federal Reserve sticking to its dovish course this week.</p>\n<p>The MSCI world equity index and Europe's STOXX 600 index reached record highs, lifted by the prospect of a broadening economic recovery from COVID-19 and anticipation of dovish monetary policy from central banks.</p>\n<p>Recovery bets also boosted oil to May 2019 highs.</p>\n<p>S&amp;P 500 futures meanwhile nudged 0.1% higher, with investors apparently viewing Thursday's above-forecast U.S. inflation data and surging factory prices in China as temporary or manageable.</p>\n<p>Goldman Sachs economists said concerns that rising inflation will derail the market recovery or lead to sharply higher bond yields were probably misplaced.</p>\n<p>\"The rally at the moment feels cautiously optimistic. The reality is that I feel it will continue to climb slowly as we continue to see decent data supporting the argument,\" John Woolfitt, Director at Atlantic Capital at London, said.</p>\n<p>Yields on the 10-year U.S. Treasuries stood at 1.4602%, with investors seemingly relaxed about their inflation concerns, which spooked rates in late March.</p>\n<p>\"It is becoming painful for bond bears and I bet the 10-year yield will fall to 1.25% or even 1%,\" said Akira Takei, fund manager at Asset Management One, noting that the U.S. economic recovery is likely to slow in coming months.</p>\n<p>Speculators' net long positions in U.S. bond futures hit the highest level since October 2017 , U.S. financial watchdog data showed.</p>\n<p>Many investors expect the Fed to repeat its dovish view at its two-day meeting from Tuesday. While some board members have said the central bank should start discussing tapering its bond buying, most investors think a majority still prefer to wait.</p>\n<p>Markets in Asia were calmer with China, Hong Kong and Australia closed for a holiday. Japan's Nikkei rose 0.7%, while MSCI's broadest index of Asia-Pacific shares outside Japan was down 0.2%.</p>\n<p>Broader markets largely shrugged off the weekend's G7 meeting, which scolded China over human rights in its Xinjiang region, called for Hong Kong to keep a high degree of autonomy and demanded a full and thorough investigation of the origins of the coronavirus in China.</p>\n<p>BOUNCY BITCOIN</p>\n<p>In currencies, the euro has lost steam after the European Central Bank last week showed no willingness to reduce its stimulus and traded at $1.2109 , having fallen to a <a href=\"https://laohu8.com/S/AONE\">one</a>-month low of $1.2093 on Friday .</p>\n<p>The yen stood little changed at 109.68 yen , while the British pound changed hands at $1.4108, near the lower end of its trading range over the past month.</p>\n<p>Bitcoin held on to weekend gains, when Elon Musk flagged Tesla's possible resumption of transactions using the token. It was last bought at $39,267.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"159934":"黄金ETF","518880":"黄金ETF","SCO":"二倍做空彭博原油指数ETF","TSLA":"特斯拉","UCO":"二倍做多彭博原油ETF","EUO":"欧元ETF-ProShares两倍做空","DWT":"三倍做空原油ETN","FXE":"欧元做多ETF-CurrencyShares","GLD":"黄金ETF-SPDR","DUG":"二倍做空石油与天然气ETF(ProShares)","FXY":"日元ETF-CurrencyShares","DDG":"ProShares做空石油与天然气ETF","YCS":"日元ETF-ProShares两倍做空","DUST":"二倍做空黄金矿业指数ETF-Direxion","NUGT":"二倍做多黄金矿业指数ETF-Direxion","GDX":"黄金矿业ETF-VanEck","IAU":"黄金信托ETF-iShares","USO":"美国原油ETF"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2143781032","content_text":"* Stocks hit all-time highs as Fed awaited\n* Investors expect dovish tone to be maintained\n* Oil marches to multi-year highs as economies reopen\nLONDON/TOKYO, June 14 (Reuters) - World stocks climbed another peak on Monday, while U.S. bond yields were near three-month lows as worries of rising inflation abated and investors anticipated the U.S. Federal Reserve sticking to its dovish course this week.\nThe MSCI world equity index and Europe's STOXX 600 index reached record highs, lifted by the prospect of a broadening economic recovery from COVID-19 and anticipation of dovish monetary policy from central banks.\nRecovery bets also boosted oil to May 2019 highs.\nS&P 500 futures meanwhile nudged 0.1% higher, with investors apparently viewing Thursday's above-forecast U.S. inflation data and surging factory prices in China as temporary or manageable.\nGoldman Sachs economists said concerns that rising inflation will derail the market recovery or lead to sharply higher bond yields were probably misplaced.\n\"The rally at the moment feels cautiously optimistic. The reality is that I feel it will continue to climb slowly as we continue to see decent data supporting the argument,\" John Woolfitt, Director at Atlantic Capital at London, said.\nYields on the 10-year U.S. Treasuries stood at 1.4602%, with investors seemingly relaxed about their inflation concerns, which spooked rates in late March.\n\"It is becoming painful for bond bears and I bet the 10-year yield will fall to 1.25% or even 1%,\" said Akira Takei, fund manager at Asset Management One, noting that the U.S. economic recovery is likely to slow in coming months.\nSpeculators' net long positions in U.S. bond futures hit the highest level since October 2017 , U.S. financial watchdog data showed.\nMany investors expect the Fed to repeat its dovish view at its two-day meeting from Tuesday. While some board members have said the central bank should start discussing tapering its bond buying, most investors think a majority still prefer to wait.\nMarkets in Asia were calmer with China, Hong Kong and Australia closed for a holiday. Japan's Nikkei rose 0.7%, while MSCI's broadest index of Asia-Pacific shares outside Japan was down 0.2%.\nBroader markets largely shrugged off the weekend's G7 meeting, which scolded China over human rights in its Xinjiang region, called for Hong Kong to keep a high degree of autonomy and demanded a full and thorough investigation of the origins of the coronavirus in China.\nBOUNCY BITCOIN\nIn currencies, the euro has lost steam after the European Central Bank last week showed no willingness to reduce its stimulus and traded at $1.2109 , having fallen to a one-month low of $1.2093 on Friday .\nThe yen stood little changed at 109.68 yen , while the British pound changed hands at $1.4108, near the lower end of its trading range over the past month.\nBitcoin held on to weekend gains, when Elon Musk flagged Tesla's possible resumption of transactions using the token. It was last bought at $39,267.","news_type":1,"symbols_score_info":{"159934":0.9,"518880":0.9,"DDG":0.9,"GLD":0.9,"YCS":0.9,"SGCmain":0.9,"DUST":0.9,"DWT":0.9,"USO":0.9,"NUGT":0.9,"MGCmain":0.9,"CLmain":0.9,"EURmain":0.9,"GDX":0.9,"FXE":0.9,"SGUmain":0.9,"DUG":0.9,"GCmain":0.9,"MEURmain":0.9,"TSLA":0.9,"BZmain":0.9,"JPYmain":0.9,"QMmain":0.9,"UCO":0.9,"FXY":0.9,"IAU":0.9,"SCO":0.9,"EUO":0.9}},"isVote":1,"tweetType":1,"viewCount":665,"authorTweetTopStatus":1,"verified":2,"comments":[{"author":{"id":"3579838075158745","authorId":"3579838075158745","name":"YPT","avatar":"https://static.tigerbbs.com/10baea998b9915ab14ba326ad1c4a2a6","crmLevel":11,"crmLevelSwitch":0,"authorIdStr":"3579838075158745","idStr":"3579838075158745"},"content":"Yes C D moon","text":"Yes C D moon","html":"Yes C D moon"}],"imageCount":0,"langContent":"EN","totalScore":0}],"hots":[{"id":185557426,"gmtCreate":1623662359665,"gmtModify":1704208069466,"author":{"id":"3571782327892977","authorId":"3571782327892977","name":"VincentYeo","avatar":"https://static.tigerbbs.com/304c3897d2ddafdd707517fbd4c7a86d","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3571782327892977","idStr":"3571782327892977"},"themes":[],"htmlText":"To the moon","listText":"To the moon","text":"To the moon","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":6,"repostSize":0,"link":"https://ttm.financial/post/185557426","repostId":"2143781032","repostType":4,"repost":{"id":"2143781032","kind":"highlight","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":1623661749,"share":"https://ttm.financial/m/news/2143781032?lang=en_US&edition=fundamental","pubTime":"2021-06-14 17:09","market":"us","language":"en","title":"World stocks scale another peak as await Fed signal","url":"https://stock-news.laohu8.com/highlight/detail?id=2143781032","media":"Reuters","summary":"* Stocks hit all-time highs as Fed awaited\n* Investors expect dovish tone to be maintained\n* Oil mar","content":"<p>* Stocks hit all-time highs as Fed awaited</p>\n<p>* Investors expect dovish tone to be maintained</p>\n<p>* Oil marches to multi-year highs as economies reopen</p>\n<p>LONDON/TOKYO, June 14 (Reuters) - World stocks climbed another peak on Monday, while U.S. bond yields were near three-month lows as worries of rising inflation abated and investors anticipated the U.S. Federal Reserve sticking to its dovish course this week.</p>\n<p>The MSCI world equity index and Europe's STOXX 600 index reached record highs, lifted by the prospect of a broadening economic recovery from COVID-19 and anticipation of dovish monetary policy from central banks.</p>\n<p>Recovery bets also boosted oil to May 2019 highs.</p>\n<p>S&amp;P 500 futures meanwhile nudged 0.1% higher, with investors apparently viewing Thursday's above-forecast U.S. inflation data and surging factory prices in China as temporary or manageable.</p>\n<p>Goldman Sachs economists said concerns that rising inflation will derail the market recovery or lead to sharply higher bond yields were probably misplaced.</p>\n<p>\"The rally at the moment feels cautiously optimistic. The reality is that I feel it will continue to climb slowly as we continue to see decent data supporting the argument,\" John Woolfitt, Director at Atlantic Capital at London, said.</p>\n<p>Yields on the 10-year U.S. Treasuries stood at 1.4602%, with investors seemingly relaxed about their inflation concerns, which spooked rates in late March.</p>\n<p>\"It is becoming painful for bond bears and I bet the 10-year yield will fall to 1.25% or even 1%,\" said Akira Takei, fund manager at Asset Management One, noting that the U.S. economic recovery is likely to slow in coming months.</p>\n<p>Speculators' net long positions in U.S. bond futures hit the highest level since October 2017 , U.S. financial watchdog data showed.</p>\n<p>Many investors expect the Fed to repeat its dovish view at its two-day meeting from Tuesday. While some board members have said the central bank should start discussing tapering its bond buying, most investors think a majority still prefer to wait.</p>\n<p>Markets in Asia were calmer with China, Hong Kong and Australia closed for a holiday. Japan's Nikkei rose 0.7%, while MSCI's broadest index of Asia-Pacific shares outside Japan was down 0.2%.</p>\n<p>Broader markets largely shrugged off the weekend's G7 meeting, which scolded China over human rights in its Xinjiang region, called for Hong Kong to keep a high degree of autonomy and demanded a full and thorough investigation of the origins of the coronavirus in China.</p>\n<p>BOUNCY BITCOIN</p>\n<p>In currencies, the euro has lost steam after the European Central Bank last week showed no willingness to reduce its stimulus and traded at $1.2109 , having fallen to a <a href=\"https://laohu8.com/S/AONE\">one</a>-month low of $1.2093 on Friday .</p>\n<p>The yen stood little changed at 109.68 yen , while the British pound changed hands at $1.4108, near the lower end of its trading range over the past month.</p>\n<p>Bitcoin held on to weekend gains, when Elon Musk flagged Tesla's possible resumption of transactions using the token. It was last bought at $39,267.</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>World stocks scale another peak as await Fed signal</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\">\nWorld stocks scale another peak as await Fed signal\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\">2021-06-14 17:09</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>* Stocks hit all-time highs as Fed awaited</p>\n<p>* Investors expect dovish tone to be maintained</p>\n<p>* Oil marches to multi-year highs as economies reopen</p>\n<p>LONDON/TOKYO, June 14 (Reuters) - World stocks climbed another peak on Monday, while U.S. bond yields were near three-month lows as worries of rising inflation abated and investors anticipated the U.S. Federal Reserve sticking to its dovish course this week.</p>\n<p>The MSCI world equity index and Europe's STOXX 600 index reached record highs, lifted by the prospect of a broadening economic recovery from COVID-19 and anticipation of dovish monetary policy from central banks.</p>\n<p>Recovery bets also boosted oil to May 2019 highs.</p>\n<p>S&amp;P 500 futures meanwhile nudged 0.1% higher, with investors apparently viewing Thursday's above-forecast U.S. inflation data and surging factory prices in China as temporary or manageable.</p>\n<p>Goldman Sachs economists said concerns that rising inflation will derail the market recovery or lead to sharply higher bond yields were probably misplaced.</p>\n<p>\"The rally at the moment feels cautiously optimistic. The reality is that I feel it will continue to climb slowly as we continue to see decent data supporting the argument,\" John Woolfitt, Director at Atlantic Capital at London, said.</p>\n<p>Yields on the 10-year U.S. Treasuries stood at 1.4602%, with investors seemingly relaxed about their inflation concerns, which spooked rates in late March.</p>\n<p>\"It is becoming painful for bond bears and I bet the 10-year yield will fall to 1.25% or even 1%,\" said Akira Takei, fund manager at Asset Management One, noting that the U.S. economic recovery is likely to slow in coming months.</p>\n<p>Speculators' net long positions in U.S. bond futures hit the highest level since October 2017 , U.S. financial watchdog data showed.</p>\n<p>Many investors expect the Fed to repeat its dovish view at its two-day meeting from Tuesday. While some board members have said the central bank should start discussing tapering its bond buying, most investors think a majority still prefer to wait.</p>\n<p>Markets in Asia were calmer with China, Hong Kong and Australia closed for a holiday. Japan's Nikkei rose 0.7%, while MSCI's broadest index of Asia-Pacific shares outside Japan was down 0.2%.</p>\n<p>Broader markets largely shrugged off the weekend's G7 meeting, which scolded China over human rights in its Xinjiang region, called for Hong Kong to keep a high degree of autonomy and demanded a full and thorough investigation of the origins of the coronavirus in China.</p>\n<p>BOUNCY BITCOIN</p>\n<p>In currencies, the euro has lost steam after the European Central Bank last week showed no willingness to reduce its stimulus and traded at $1.2109 , having fallen to a <a href=\"https://laohu8.com/S/AONE\">one</a>-month low of $1.2093 on Friday .</p>\n<p>The yen stood little changed at 109.68 yen , while the British pound changed hands at $1.4108, near the lower end of its trading range over the past month.</p>\n<p>Bitcoin held on to weekend gains, when Elon Musk flagged Tesla's possible resumption of transactions using the token. It was last bought at $39,267.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"159934":"黄金ETF","518880":"黄金ETF","SCO":"二倍做空彭博原油指数ETF","TSLA":"特斯拉","UCO":"二倍做多彭博原油ETF","EUO":"欧元ETF-ProShares两倍做空","DWT":"三倍做空原油ETN","FXE":"欧元做多ETF-CurrencyShares","GLD":"黄金ETF-SPDR","DUG":"二倍做空石油与天然气ETF(ProShares)","FXY":"日元ETF-CurrencyShares","DDG":"ProShares做空石油与天然气ETF","YCS":"日元ETF-ProShares两倍做空","DUST":"二倍做空黄金矿业指数ETF-Direxion","NUGT":"二倍做多黄金矿业指数ETF-Direxion","GDX":"黄金矿业ETF-VanEck","IAU":"黄金信托ETF-iShares","USO":"美国原油ETF"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2143781032","content_text":"* Stocks hit all-time highs as Fed awaited\n* Investors expect dovish tone to be maintained\n* Oil marches to multi-year highs as economies reopen\nLONDON/TOKYO, June 14 (Reuters) - World stocks climbed another peak on Monday, while U.S. bond yields were near three-month lows as worries of rising inflation abated and investors anticipated the U.S. Federal Reserve sticking to its dovish course this week.\nThe MSCI world equity index and Europe's STOXX 600 index reached record highs, lifted by the prospect of a broadening economic recovery from COVID-19 and anticipation of dovish monetary policy from central banks.\nRecovery bets also boosted oil to May 2019 highs.\nS&P 500 futures meanwhile nudged 0.1% higher, with investors apparently viewing Thursday's above-forecast U.S. inflation data and surging factory prices in China as temporary or manageable.\nGoldman Sachs economists said concerns that rising inflation will derail the market recovery or lead to sharply higher bond yields were probably misplaced.\n\"The rally at the moment feels cautiously optimistic. The reality is that I feel it will continue to climb slowly as we continue to see decent data supporting the argument,\" John Woolfitt, Director at Atlantic Capital at London, said.\nYields on the 10-year U.S. Treasuries stood at 1.4602%, with investors seemingly relaxed about their inflation concerns, which spooked rates in late March.\n\"It is becoming painful for bond bears and I bet the 10-year yield will fall to 1.25% or even 1%,\" said Akira Takei, fund manager at Asset Management One, noting that the U.S. economic recovery is likely to slow in coming months.\nSpeculators' net long positions in U.S. bond futures hit the highest level since October 2017 , U.S. financial watchdog data showed.\nMany investors expect the Fed to repeat its dovish view at its two-day meeting from Tuesday. While some board members have said the central bank should start discussing tapering its bond buying, most investors think a majority still prefer to wait.\nMarkets in Asia were calmer with China, Hong Kong and Australia closed for a holiday. Japan's Nikkei rose 0.7%, while MSCI's broadest index of Asia-Pacific shares outside Japan was down 0.2%.\nBroader markets largely shrugged off the weekend's G7 meeting, which scolded China over human rights in its Xinjiang region, called for Hong Kong to keep a high degree of autonomy and demanded a full and thorough investigation of the origins of the coronavirus in China.\nBOUNCY BITCOIN\nIn currencies, the euro has lost steam after the European Central Bank last week showed no willingness to reduce its stimulus and traded at $1.2109 , having fallen to a one-month low of $1.2093 on Friday .\nThe yen stood little changed at 109.68 yen , while the British pound changed hands at $1.4108, near the lower end of its trading range over the past month.\nBitcoin held on to weekend gains, when Elon Musk flagged Tesla's possible resumption of transactions using the token. It was last bought at $39,267.","news_type":1,"symbols_score_info":{"159934":0.9,"518880":0.9,"DDG":0.9,"GLD":0.9,"YCS":0.9,"SGCmain":0.9,"DUST":0.9,"DWT":0.9,"USO":0.9,"NUGT":0.9,"MGCmain":0.9,"CLmain":0.9,"EURmain":0.9,"GDX":0.9,"FXE":0.9,"SGUmain":0.9,"DUG":0.9,"GCmain":0.9,"MEURmain":0.9,"TSLA":0.9,"BZmain":0.9,"JPYmain":0.9,"QMmain":0.9,"UCO":0.9,"FXY":0.9,"IAU":0.9,"SCO":0.9,"EUO":0.9}},"isVote":1,"tweetType":1,"viewCount":665,"authorTweetTopStatus":1,"verified":2,"comments":[{"author":{"id":"3579838075158745","authorId":"3579838075158745","name":"YPT","avatar":"https://static.tigerbbs.com/10baea998b9915ab14ba326ad1c4a2a6","crmLevel":11,"crmLevelSwitch":0,"authorIdStr":"3579838075158745","idStr":"3579838075158745"},"content":"Yes C D moon","text":"Yes C D moon","html":"Yes C D 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arrr","listText":"Huat arrr","text":"Huat arrr","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/344025421","repostId":"2127045633","repostType":4,"repost":{"id":"2127045633","kind":"highlight","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":1618359596,"share":"https://ttm.financial/m/news/2127045633?lang=en_US&edition=fundamental","pubTime":"2021-04-14 08:19","market":"us","language":"en","title":"Coinbase reference price set at $250 per share ahead of Nasdaq debut","url":"https://stock-news.laohu8.com/highlight/detail?id=2127045633","media":"Reuters","summary":"Nasdaq on Tuesday set a reference price of $250 per share for Coinbase Global Inc, projecting a valu","content":"<p>Nasdaq on Tuesday set a reference price of $250 per share for Coinbase Global Inc, projecting a value for the largest U.S. cryptocurrency exchange at $49.19 billion ahead of its landmark stock market debut on Wednesday.</p>\n<p>The reference price is not an offering price for investors to purchase shares, but rather a benchmark for performance when the stock starts trading the exchange on Wednesday.</p>\n<p>Coinbase shares are set to start trading under the “COIN” symbol. The opening public price will be determined by buy and sell orders collected by the Nasdaq from broker-dealers.</p>\n<p>The reference price is below the $343.58 volume-weighted average price Coinbase’s shares were trading at privately in the first quarter of this year.</p>\n<p>If shares trade hands at or above the reference price, Coinbase would be valued at more than six times the $8 billion the company was worth in its last private fundraising round in 2018.</p>\n<p>By comparison, the market capitalization of New York Stock Exchange-parent company Intercontinental Exchange is around $66 billion.</p>\n<p>Coinbase has opted to go public through a direct listing rather than a traditional initial public offering. This means the company will not raise any money and existing investors are not bound by lock-up restrictions on when they can divest their holdings following the market debut.</p>\n<p>The option to go public is much less common than a traditional IPO but is gaining traction. Previous high-profile direct listings include Spotify Technology SA in 2018, Slack Technologies Inc in 2019 and Roblox Corp in 2021.</p>\n<p>Founded in 2012, Coinbase is one of the best-known cryptocurrency platforms globally and has more than 56 million users who trade various virtual coins, including bitcoin, ethereum and XRP.</p>\n<p>Bitcoin hit a record of $62,741 on Tuesday, extending its 2021 rally to new heights a day before the Coinbase listing.</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>Coinbase reference price set at $250 per share ahead of Nasdaq debut</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\">\nCoinbase reference price set at $250 per share ahead of Nasdaq debut\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\">2021-04-14 08:19</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>Nasdaq on Tuesday set a reference price of $250 per share for Coinbase Global Inc, projecting a value for the largest U.S. cryptocurrency exchange at $49.19 billion ahead of its landmark stock market debut on Wednesday.</p>\n<p>The reference price is not an offering price for investors to purchase shares, but rather a benchmark for performance when the stock starts trading the exchange on Wednesday.</p>\n<p>Coinbase shares are set to start trading under the “COIN” symbol. The opening public price will be determined by buy and sell orders collected by the Nasdaq from broker-dealers.</p>\n<p>The reference price is below the $343.58 volume-weighted average price Coinbase’s shares were trading at privately in the first quarter of this year.</p>\n<p>If shares trade hands at or above the reference price, Coinbase would be valued at more than six times the $8 billion the company was worth in its last private fundraising round in 2018.</p>\n<p>By comparison, the market capitalization of New York Stock Exchange-parent company Intercontinental Exchange is around $66 billion.</p>\n<p>Coinbase has opted to go public through a direct listing rather than a traditional initial public offering. This means the company will not raise any money and existing investors are not bound by lock-up restrictions on when they can divest their holdings following the market debut.</p>\n<p>The option to go public is much less common than a traditional IPO but is gaining traction. Previous high-profile direct listings include Spotify Technology SA in 2018, Slack Technologies Inc in 2019 and Roblox Corp in 2021.</p>\n<p>Founded in 2012, Coinbase is one of the best-known cryptocurrency platforms globally and has more than 56 million users who trade various virtual coins, including bitcoin, ethereum and XRP.</p>\n<p>Bitcoin hit a record of $62,741 on Tuesday, extending its 2021 rally to new heights a day before the Coinbase listing.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"NDAQ":"纳斯达克OMX交易所","QID":"两倍做空纳斯达克指数ETF-ProShares","TQQQ":"纳指三倍做多ETF","COIN":"Coinbase Global, Inc.",".IXIC":"NASDAQ Composite","SQQQ":"纳指三倍做空ETF","PSQ":"做空纳斯达克100指数ETF-ProShares","QQQ":"纳指100ETF","QLD":"2倍做多纳斯达克100指数ETF-ProShares"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2127045633","content_text":"Nasdaq on Tuesday set a reference price of $250 per share for Coinbase Global Inc, projecting a value for the largest U.S. cryptocurrency exchange at $49.19 billion ahead of its landmark stock market debut on Wednesday.\nThe reference price is not an offering price for investors to purchase shares, but rather a benchmark for performance when the stock starts trading the exchange on Wednesday.\nCoinbase shares are set to start trading under the “COIN” symbol. The opening public price will be determined by buy and sell orders collected by the Nasdaq from broker-dealers.\nThe reference price is below the $343.58 volume-weighted average price Coinbase’s shares were trading at privately in the first quarter of this year.\nIf shares trade hands at or above the reference price, Coinbase would be valued at more than six times the $8 billion the company was worth in its last private fundraising round in 2018.\nBy comparison, the market capitalization of New York Stock Exchange-parent company Intercontinental Exchange is around $66 billion.\nCoinbase has opted to go public through a direct listing rather than a traditional initial public offering. This means the company will not raise any money and existing investors are not bound by lock-up restrictions on when they can divest their holdings following the market debut.\nThe option to go public is much less common than a traditional IPO but is gaining traction. Previous high-profile direct listings include Spotify Technology SA in 2018, Slack Technologies Inc in 2019 and Roblox Corp in 2021.\nFounded in 2012, Coinbase is one of the best-known cryptocurrency platforms globally and has more than 56 million users who trade various virtual coins, including bitcoin, ethereum and XRP.\nBitcoin hit a record of $62,741 on Tuesday, extending its 2021 rally to new heights a day before the Coinbase listing.","news_type":1,"symbols_score_info":{".IXIC":0.9,"TQQQ":0.9,"NDAQ":0.9,"QID":0.9,"QLD":0.9,"PSQ":0.9,"NQmain":0.9,"QQQ":0.9,"COIN":0.9,"SQQQ":0.9,"MNQmain":0.9}},"isVote":1,"tweetType":1,"viewCount":545,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":362663505,"gmtCreate":1614625862307,"gmtModify":1704773252803,"author":{"id":"3571782327892977","authorId":"3571782327892977","name":"VincentYeo","avatar":"https://static.tigerbbs.com/304c3897d2ddafdd707517fbd4c7a86d","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3571782327892977","idStr":"3571782327892977"},"themes":[],"htmlText":"Yay","listText":"Yay","text":"Yay","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/362663505","repostId":"1118801983","repostType":4,"isVote":1,"tweetType":1,"viewCount":458,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":361016544,"gmtCreate":1614178710588,"gmtModify":1704889197820,"author":{"id":"3571782327892977","authorId":"3571782327892977","name":"VincentYeo","avatar":"https://static.tigerbbs.com/304c3897d2ddafdd707517fbd4c7a86d","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3571782327892977","idStr":"3571782327892977"},"themes":[],"htmlText":"Hi","listText":"Hi","text":"Hi","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":3,"repostSize":0,"link":"https://ttm.financial/post/361016544","repostId":"1129467108","repostType":4,"repost":{"id":"1129467108","kind":"news","pubTimestamp":1614164417,"share":"https://ttm.financial/m/news/1129467108?lang=en_US&edition=fundamental","pubTime":"2021-02-24 19:00","market":"us","language":"en","title":"Why J.P. Morgan Says Now Is the Time to Bet on the S&P 500","url":"https://stock-news.laohu8.com/highlight/detail?id=1129467108","media":"Barrons","summary":"Don’t worry. Be greedy.Even though investor fears are rising, and the stock market is getting bullie","content":"<p>Don’t worry. Be greedy.</p><p>Even though investor fears are rising, and the stock market is getting bullied by rising bond yields,J.P. Morganstrategists have told their clients that now is the time to embrace stocks.</p><p>TheS&amp;P 500may be waffling around 3875, but the bank is standing by its 2021 year-end price target of 4400 on a range of 4200 to 4600. Its numbers aren’t merely some derivative of the stock market’s expected earnings. Instead, they reflect America’s economic reawakening after the Covid-19 pandemic.</p><p>Shawn Quigg, a J.P. Morgan derivatives strategist, recently told clients that there is little to stand in the way of the market’s achievement of “such gains sooner than later, particularly considering the numerous catalysts ahead, their impact on volatility, and the implications that will have on investor positioning.”</p><p>As President Joe Biden’s administration&nbsp;champions a $1.9 trillion stimulus program, and Covid-19 infections and hospitalizations decline, Quigg anticipates stocks surging. His view is somewhat at odds with recent trading. Stocks have declined as the 10-year Treasury note yield has increased to about 1.38%, a move&nbsp;that is fanning inflation fearsand worries about stock slumps.</p><p>Quigg likes taking advantage of the fear and the pending stimulus program, which Biden has begun to defend against concerns that it is too large. In various interviews, the president has challenged critics to tell him what to cut at a time when so much of the nation is suffering. The Biden administration is now warning that the greatest risk isn’t a large stimulus package, but one that is too small and thus doesn’t meaningfully stimulate economic growth.</p><p>To position for the stock market to surge higher, Quigg advised clients to consider selling one of the&nbsp;SPDR S&amp;P 500 ETF‘s (ticker: SPY) May $353 put options and buying 15 May $450 call options. When the ETF was at $392.39, the leveraged risk-reversal strategy—that is,selling one put and buying many more calls&nbsp;with a higher strike price but the same expiration—could be done for no cost. In other words, the money received for selling the put was enough to buy 15 bullish calls.</p><p>The trade expresses high conviction that the ETF—which was recently trading around $387—will reach $450 by May 21, when May options expire. At $460, the call is worth $10.</p><p>Should the ETF decline, say, because current fears push the market below the $353 strike price, investors would be obligated to buy it at the lower price, or to cover or adjust the puts.</p><p>Quigg’s trade idea has a lot to admire.</p><p>For one, the trade carried zero cost when it was recommended late last week. Yes, prices have moved since the Feb. 18 note was published, but investors can recast strike prices to create similar pricing. The markets change, and that’s why there are so many different strike prices that are listed.</p><p>Moreover, if J.P. Morgan’s base view of the economic reawakening proves true, owning a bundle of upside calls that cost nothing could be quite lucrative. Should the market succumb to the current fears that are weakening prices, owning S&amp;P 500 stocks at lower prices isn’t terrible, either.</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>Why J.P. Morgan Says Now Is the Time to Bet on the S&P 500</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 J.P. Morgan Says Now Is the Time to Bet on the S&P 500\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-02-24 19:00 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.barrons.com/articles/why-j-p-morgan-says-now-is-the-time-to-bet-on-the-s-p-500-51614090217?mod=RTA><strong>Barrons</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Don’t worry. Be greedy.Even though investor fears are rising, and the stock market is getting bullied by rising bond yields,J.P. Morganstrategists have told their clients that now is the time to ...</p>\n\n<a href=\"https://www.barrons.com/articles/why-j-p-morgan-says-now-is-the-time-to-bet-on-the-s-p-500-51614090217?mod=RTA\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".IXIC":"NASDAQ Composite",".DJI":"道琼斯",".SPX":"S&P 500 Index"},"source_url":"https://www.barrons.com/articles/why-j-p-morgan-says-now-is-the-time-to-bet-on-the-s-p-500-51614090217?mod=RTA","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1129467108","content_text":"Don’t worry. Be greedy.Even though investor fears are rising, and the stock market is getting bullied by rising bond yields,J.P. Morganstrategists have told their clients that now is the time to embrace stocks.TheS&P 500may be waffling around 3875, but the bank is standing by its 2021 year-end price target of 4400 on a range of 4200 to 4600. Its numbers aren’t merely some derivative of the stock market’s expected earnings. Instead, they reflect America’s economic reawakening after the Covid-19 pandemic.Shawn Quigg, a J.P. Morgan derivatives strategist, recently told clients that there is little to stand in the way of the market’s achievement of “such gains sooner than later, particularly considering the numerous catalysts ahead, their impact on volatility, and the implications that will have on investor positioning.”As President Joe Biden’s administration champions a $1.9 trillion stimulus program, and Covid-19 infections and hospitalizations decline, Quigg anticipates stocks surging. His view is somewhat at odds with recent trading. Stocks have declined as the 10-year Treasury note yield has increased to about 1.38%, a move that is fanning inflation fearsand worries about stock slumps.Quigg likes taking advantage of the fear and the pending stimulus program, which Biden has begun to defend against concerns that it is too large. In various interviews, the president has challenged critics to tell him what to cut at a time when so much of the nation is suffering. The Biden administration is now warning that the greatest risk isn’t a large stimulus package, but one that is too small and thus doesn’t meaningfully stimulate economic growth.To position for the stock market to surge higher, Quigg advised clients to consider selling one of the SPDR S&P 500 ETF‘s (ticker: SPY) May $353 put options and buying 15 May $450 call options. When the ETF was at $392.39, the leveraged risk-reversal strategy—that is,selling one put and buying many more calls with a higher strike price but the same expiration—could be done for no cost. In other words, the money received for selling the put was enough to buy 15 bullish calls.The trade expresses high conviction that the ETF—which was recently trading around $387—will reach $450 by May 21, when May options expire. At $460, the call is worth $10.Should the ETF decline, say, because current fears push the market below the $353 strike price, investors would be obligated to buy it at the lower price, or to cover or adjust the puts.Quigg’s trade idea has a lot to admire.For one, the trade carried zero cost when it was recommended late last week. Yes, prices have moved since the Feb. 18 note was published, but investors can recast strike prices to create similar pricing. The markets change, and that’s why there are so many different strike prices that are listed.Moreover, if J.P. Morgan’s base view of the economic reawakening proves true, owning a bundle of upside calls that cost nothing could be quite lucrative. Should the market succumb to the current fears that are weakening prices, owning S&P 500 stocks at lower prices isn’t terrible, either.","news_type":1,"symbols_score_info":{".IXIC":0.9,".DJI":0.9,".SPX":0.9}},"isVote":1,"tweetType":1,"viewCount":490,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":122774498,"gmtCreate":1624635104714,"gmtModify":1703842454372,"author":{"id":"3571782327892977","authorId":"3571782327892977","name":"VincentYeo","avatar":"https://static.tigerbbs.com/304c3897d2ddafdd707517fbd4c7a86d","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3571782327892977","idStr":"3571782327892977"},"themes":[],"htmlText":"Inflate!","listText":"Inflate!","text":"Inflate!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/122774498","repostId":"1134836867","repostType":2,"repost":{"id":"1134836867","kind":"news","pubTimestamp":1624634837,"share":"https://ttm.financial/m/news/1134836867?lang=en_US&edition=fundamental","pubTime":"2021-06-25 23:27","market":"us","language":"en","title":"Kyle Bass Slams Fed, Sees Inflation Everywhere He Looks","url":"https://stock-news.laohu8.com/highlight/detail?id=1134836867","media":"zerohedge","summary":"With US stocks back at all-time highs as the market seemingly shrugged off the FOMC's reaction to th","content":"<p>With US stocks back at all-time highs as the market seemingly shrugged off the FOMC's reaction to the latest inflation numbers,Hayman Capital's Kyle Bass returned to CNBCfor an interview with the \"Closing Bell\" crew on Thursday, where he offered a dramatically different vision of the present economic scenario vis-a-vis inflation.</p>\n<p>Inan interview where heexpounded upon his claim that the US is already grappling with real inflation rates above 10%, the billionaire investor proclaimed that \"in every single aspect of life, I see inflation.\"</p>\n<p><img src=\"https://static.tigerbbs.com/d1d2089581ea201564daaba8b5aac961\" tg-width=\"521\" tg-height=\"310\"></p>\n<p>Why? Because during the past year and a half, the Fed has introduced more broad money into the American economy in the shortest time than we have seen at any point in American history.</p>\n<blockquote>\n \"I think look we're going to see a short-term turn-down in inflation because the initial inflationary burst was enormous...this transitory comment may play out to be true for a short period of time but I hink Sarah when you look at the the money supply the broad money in the US system from 1980 to 2010 it it vacillated between 50% and 60% of GDP and post the global financial crisis it moved up from roughly 60% to 68% 69% of GDP now that we're approaching 90 so in the one year period one and a half year period since COVID started we have introduced 34% more broad money in our system in the shortest time period in the history United States so we're going to see prices stay high and move higher over time if the fed continues to expand its balance sheet,\" Bass said.\n</blockquote>\n<p>Even as the financial press prattles on about the significance of the Fed finally starting to consider tapering its asset purchases, Bass believes that the central bank won't be able to shrink its balance sheet so easily.</p>\n<blockquote>\n \"We're going to see prices stay high and move higher over time if the Fed continues to expand its balance sheet which I think it will,\" Bass said.\n</blockquote>\n<p>So, what can investors do to fight this \"inflation monster\", as Bass colorfully described it. Well, he suggested they focus on hard assets like commodities and real estate,which BlackRock is already buying up in droves.</p>\n<p>Equities should \"do fine\", Bass said, citing data purporting to show that equity prices keep up with between 95% and 88% of inflation over the long term (though that certainly doesn't seem to fit the last decade).</p>\n<p>As for his assessment of inflation and its dramatic difference with the Fed's view, Bass quipped: \"Your bank account is the final determinant whether there is inflation or not,\" he concluded, highlighting the higher prices consumers have seen for things like food and cars.\"</p>\n<blockquote>\n \"If you're in the market place you want to own commodities if you’re in the real world you want to own productive real estate you even want to buy rural land in front of major demographic moves in the US...I’d rather own hard assets than equities today because I think we’re only seeing just the beginning of population moves in the US.\"\n</blockquote>","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>Kyle Bass Slams Fed, Sees Inflation Everywhere He Looks</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; 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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\">\nKyle Bass Slams Fed, Sees Inflation Everywhere He Looks\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-25 23:27 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.zerohedge.com/markets/kyle-bass-warns-every-aspect-my-life-i-see-inflation?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+zerohedge%2Ffeed+%28zero+hedge+-+on+a+long+enough+timeline%2C+the+survival+rate+for+everyone+drops+to+zero%29><strong>zerohedge</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>With US stocks back at all-time highs as the market seemingly shrugged off the FOMC's reaction to the latest inflation numbers,Hayman Capital's Kyle Bass returned to CNBCfor an interview with the \"...</p>\n\n<a href=\"https://www.zerohedge.com/markets/kyle-bass-warns-every-aspect-my-life-i-see-inflation?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+zerohedge%2Ffeed+%28zero+hedge+-+on+a+long+enough+timeline%2C+the+survival+rate+for+everyone+drops+to+zero%29\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".DJI":"道琼斯",".SPX":"S&P 500 Index",".IXIC":"NASDAQ Composite","SPY":"标普500ETF"},"source_url":"https://www.zerohedge.com/markets/kyle-bass-warns-every-aspect-my-life-i-see-inflation?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+zerohedge%2Ffeed+%28zero+hedge+-+on+a+long+enough+timeline%2C+the+survival+rate+for+everyone+drops+to+zero%29","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1134836867","content_text":"With US stocks back at all-time highs as the market seemingly shrugged off the FOMC's reaction to the latest inflation numbers,Hayman Capital's Kyle Bass returned to CNBCfor an interview with the \"Closing Bell\" crew on Thursday, where he offered a dramatically different vision of the present economic scenario vis-a-vis inflation.\nInan interview where heexpounded upon his claim that the US is already grappling with real inflation rates above 10%, the billionaire investor proclaimed that \"in every single aspect of life, I see inflation.\"\n\nWhy? Because during the past year and a half, the Fed has introduced more broad money into the American economy in the shortest time than we have seen at any point in American history.\n\n \"I think look we're going to see a short-term turn-down in inflation because the initial inflationary burst was enormous...this transitory comment may play out to be true for a short period of time but I hink Sarah when you look at the the money supply the broad money in the US system from 1980 to 2010 it it vacillated between 50% and 60% of GDP and post the global financial crisis it moved up from roughly 60% to 68% 69% of GDP now that we're approaching 90 so in the one year period one and a half year period since COVID started we have introduced 34% more broad money in our system in the shortest time period in the history United States so we're going to see prices stay high and move higher over time if the fed continues to expand its balance sheet,\" Bass said.\n\nEven as the financial press prattles on about the significance of the Fed finally starting to consider tapering its asset purchases, Bass believes that the central bank won't be able to shrink its balance sheet so easily.\n\n \"We're going to see prices stay high and move higher over time if the Fed continues to expand its balance sheet which I think it will,\" Bass said.\n\nSo, what can investors do to fight this \"inflation monster\", as Bass colorfully described it. Well, he suggested they focus on hard assets like commodities and real estate,which BlackRock is already buying up in droves.\nEquities should \"do fine\", Bass said, citing data purporting to show that equity prices keep up with between 95% and 88% of inflation over the long term (though that certainly doesn't seem to fit the last decade).\nAs for his assessment of inflation and its dramatic difference with the Fed's view, Bass quipped: \"Your bank account is the final determinant whether there is inflation or not,\" he concluded, highlighting the higher prices consumers have seen for things like food and cars.\"\n\n \"If you're in the market place you want to own commodities if you’re in the real world you want to own productive real estate you even want to buy rural land in front of major demographic moves in the US...I’d rather own hard assets than equities today because I think we’re only seeing just the beginning of population moves in the US.\"","news_type":1,"symbols_score_info":{".DJI":0.9,".IXIC":0.9,"SPY":0.9,".SPX":0.9}},"isVote":1,"tweetType":1,"viewCount":816,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":129560449,"gmtCreate":1624377841581,"gmtModify":1703835030893,"author":{"id":"3571782327892977","authorId":"3571782327892977","name":"VincentYeo","avatar":"https://static.tigerbbs.com/304c3897d2ddafdd707517fbd4c7a86d","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3571782327892977","idStr":"3571782327892977"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/WWR\">$Westwater Resources Inc(WWR)$</a> GO GO GO","listText":"<a href=\"https://laohu8.com/S/WWR\">$Westwater Resources Inc(WWR)$</a> GO GO GO","text":"$Westwater Resources Inc(WWR)$ GO GO GO","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/129560449","isVote":1,"tweetType":1,"viewCount":1513,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":350830813,"gmtCreate":1616173227032,"gmtModify":1704791931770,"author":{"id":"3571782327892977","authorId":"3571782327892977","name":"VincentYeo","avatar":"https://static.tigerbbs.com/304c3897d2ddafdd707517fbd4c7a86d","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3571782327892977","idStr":"3571782327892977"},"themes":[],"htmlText":"Oh","listText":"Oh","text":"Oh","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/350830813","repostId":"1199154789","repostType":4,"repost":{"id":"1199154789","kind":"news","pubTimestamp":1616164372,"share":"https://ttm.financial/m/news/1199154789?lang=en_US&edition=fundamental","pubTime":"2021-03-19 22:32","market":"us","language":"en","title":"Fed Disappoints Market, Lets SLR Relief Expire: What Happens Next","url":"https://stock-news.laohu8.com/highlight/detail?id=1199154789","media":"zerohedge","summary":"As washinted at, and discussed in depth here,the Fed decided - under political pressure from progressive Democrats such asElizabeth Warren and Sherrod Brown- to let the temporary Supplementary Leverage Ratio  exemption expire as scheduled on March 31, the one year anniversary of the rule change.The federal bank regulatory agencies today announced that the temporary change to the supplementary leverage ratio, or SLR, for depository institutions issued on May 15, 2020, will expire as scheduled on ","content":"<p>As washinted at, and discussed in depth here,the Fed decided - under political pressure from progressive Democrats such asElizabeth Warren and Sherrod Brown- to let the temporary Supplementary Leverage Ratio (SLR) exemption expire as scheduled on March 31, the one year anniversary of the rule change.</p><blockquote>The federal bank regulatory agencies today announced that the temporary change to the supplementary leverage ratio, or SLR, for depository institutions issued on May 15, 2020, will expire as scheduled on March 31, 2021.The temporary change was made to provide flexibility for depository institutions to provide credit to households and businesses in light of the COVID-19 event.</blockquote><p><img src=\"https://static.tigerbbs.com/b822960da59d651f093b5113cd0c3fd0\" tg-width=\"500\" tg-height=\"319\" referrerpolicy=\"no-referrer\">This outcome is theone (again) correctly predictedby former NY Fed guru Zoltan Pozsar who following the FOMC said that \"the fact that the Fed made this adjustment practically preemptively – the o/n RRP facility is not being used at the moment, so there are no capacity constraints yet, while repo and bill yields aren’t trading negative yet –<b>suggests that the Fed is “foaming the runway” for the end of SLR exemption</b>.\"</p><p>Knowing well this would be a very hot button issue for the market, the Fed published thefollowing statementto ease trader nerves, noting that while the SLR special treatment will expire on March 31, the Fed is \"inviting public comment on several potential SLR modifications\" and furthermore, \"<b>Board may need to address the current design and calibration of the SLR over time to prevent strains from developing that could both constrain economic growth and undermine financial stability</b>\" - in short, if yields spike, the Fed will re-introduce the SLR without delay:</p><blockquote>The Federal Reserve Board on Friday announced that the temporary change to its supplementary leverage ratio, or SLR, for bank holding companies will expire as scheduled on March 31. <b>Additionally, the Board will shortly seek comment on measures to adjust the SLR. The Board will take appropriate actions to assure that any changes to the SLR do not erode the overall strength of bank capital requirements.</b>To ease strains in the Treasury market resulting from the COVID-19 pandemic and to promote lending to households and businesses, the Board temporarily modified the SLR last year to exclude U.S. Treasury securities and central bank reserves. Since that time, the Treasury market has stabilized. <b>However, because of recent growth in the supply of central bank reserves and the issuance of Treasury securities, the Board may need to address the current design and calibration of the SLR over time to prevent strains from developing that could both constrain economic growth and undermine financial stability.To ensure that the SLR—which was established in 2014 as an additional capital requirement—remains effective in an environment of higher reserves, the Board will soon be inviting public comment on several potential SLR modifications.</b>The proposal and comments will contribute to ongoing discussions with the Department of the Treasury and other regulators on future work to ensure the resiliency of the Treasury market.</blockquote><p>The Fed's soothing wods notwithstanding,<b>having been primed for a favorable outcome, the Fed's disappointing announcement was hardly the news traders were hoping for and stocks tumbled...</b></p><p><img src=\"https://static.tigerbbs.com/c341c3843a5031cd1599c2c89e198050\" tg-width=\"500\" tg-height=\"305\" referrerpolicy=\"no-referrer\">Bond yields spiked...</p><p><img src=\"https://static.tigerbbs.com/14173c1ce587fb45efe4c30ecc1dfbab\" tg-width=\"500\" tg-height=\"284\" referrerpolicy=\"no-referrer\">... while the stock of JPM, which is the most exposed bank to SLR relief (as noted yesterday in \"Facing Up To JP Morgan's Leverage Relief Threats\")...</p><p><img src=\"https://static.tigerbbs.com/32811183fba3dbddf1c440836298c7f3\" tg-width=\"500\" tg-height=\"602\" referrerpolicy=\"no-referrer\">.... slumped.</p><p><img src=\"https://static.tigerbbs.com/2fba41463f15e79d2b8436cdd6a526fc\" tg-width=\"500\" tg-height=\"306\" referrerpolicy=\"no-referrer\">In case you've been living under a rock, here's why you should care about the SLR decision: First, for those whomissed our primer on the issue, some background from JPM (ironically the one bank that has the most to lose from the Fed's decision) the bottom line is that without SLR relief,<b>banks may have to delever, raise new capital, halt buybacks, sell preferred stock, turn down deposits and generally push back on reserves (not necessarily all of these, and not in that order) just as the Fed is injecting hundreds of billions of reserves into the market as the Treasury depletes its TGA account.</b></p><blockquote>The massive expansion of the Fed’s balance that has occurred implied an equally massive growth in bank reserves held at Federal Reserve banks. <b>The expiration of the regulatory relief would add ~$2.1tn of leverage exposure across the 8 GSIBs. As well, TGA reduction and continued QE could add another ~$2.35tn of deposits to the system during 2021.</b></blockquote><p><img src=\"https://static.tigerbbs.com/392342c2f3e1dd008b2276172a9b3ecf\" tg-width=\"500\" tg-height=\"253\" referrerpolicy=\"no-referrer\">While the expiry of the carve-out on March 31 would not have an immediate impact on GSIBs, the continued increase in leverage assets throughout the course of the year would increase long-term debt (LTD) and preferred requirements. Here, JPM takes an optimistic view and writes that<b>\"even the “worst” case issuance scenario as very manageable, with LTD needs of $35bn for TLAC requirements and preferred needs of $15-$20bn to maintain the industry-wide SLR at 5.6%.</b></p><p>The constraint is greater at the bank entity, where the capacity to grow leverage exposure to be ~$765bn at 6.2% SLR.\"Goldman's take was more troubling: the bank estimated that under the continued QE regime, there would be a shortfall of some $2 trillion in reserve capacity, mainly in the form of deposits which the banks would be unable to accept as part of ongoing QE (much more in Goldman'sfull take of the SLR quandary).</p><p><b>So what happens next?</b></p><p>Addressing this topic, yesterday Curvature's Scott Skyrm wrote that \"<i>the largest banks are enjoying much larger balance sheets, but there are political factors in Washington that are against an extension of the exemption.... Here are a couple of scenarios and their implications on the Repo market</i>:</p><blockquote>The exemption is extended 3 months or 6 months - No impact on the Repo market. It's already fully priced-in.The exemption is continued for reserves, but ended for Treasurys. <b>Since large banks are the largest cash providers in the Repo market, less cash is intermediated into the market and Repo rates rise. Volatility increases as Repo assets move from the largest banks to the other Repo market participants.The exemption is ended for both reserves and Treasurys. Same as above.</b></blockquote><p>In other words, Skyrm has a relatively downbeat view, warning that \"since large banks are the largest cash providers in the Repo market, less cash is intermediated into the market and Repo rates rise.\" Additionally, volatility is likely to increase as repo assets move from the largest banks to the other Repo market participants...</p><p>Perhaps a bit too draconian? Well, last week, JPMorgan laid out 5 scenarios for SLR, of which two predicted the end of SLR relief on March 31, as follow:</p><blockquote><u><b>3. Relief ends March 31, banks fully raise capital</b></u> <b>Impact on BanksRatesFront-End Rates</b> <u><b>4. Relief ends March 31, banks raise capital &amp; de-lever</b></u> <b>Impact on BanksRatesFront-End Rates</b></blockquote><p>Going back to Zoltan, let's recallthat the repo gurualso cautioned that \"ending the exemption of reserves and Treasuries from the calculation of the SLR may mean that U.S. banks will turn away deposits and reserves on the margin (not Treasuries) to leave more room for market-making activities,<b>and these flows will swell further money funds’ inflows coming from TGA drawdowns.</b>\"</p><p>More importantly, Zoltan does not expect broad chaos in repo or broader markets, and instead provides a more benign view on the negligible impact the SLR has had (and will be if it is eliminated), as he explained in a note from Tuesday.</p><p><img src=\"https://static.tigerbbs.com/caeeb2b1290e084832f29d61cea6a90b\" tg-width=\"500\" tg-height=\"534\" referrerpolicy=\"no-referrer\">How to determine if Zoltan's benign view is correct? He concluded his note by writing that \"given that our call for a zero-to-negative FRA-OIS spread by the end of June was predicated on the end of SLR extension and an assumption that the Fed will try to fix a quantity problem with prices, not quantities, today’s adjustments mean that FRA-OIS won’t trade all the way down to zero or negative territory.\"</p><blockquote>FRA-OIS from here will be a function of how tight FX swaps will trade relative to OIS, but Treasury bills trading at deeply sub-zero rates is no longer a risk...</blockquote><p>While Bills have occasionally dipped into the negative territory on occasion, so far they have avoided a fullblown plunge into NIRP, which may be just the positive sign the market is waiting for to ease the nerves associated with the sudden and largely unexpected end of the SLR exemption.</p><p>* *&nbsp; *</p><p>Finally, for those curious what the immediate market impact will be, NatWest strategist Blake Gwinn writes that the Fed announcement that they’re letting regulatory exemptions for banks expire at the end of the month \"really threads the needle and \"assuages concerns about the potential long-term impact on the markets\" as<b>the SLR \"ends it but defuses a lot of the knee-jerk market reaction” by pledging to address the current design and calibration of the supplementary leverage ratio to prevent strains from developing</b>.</p><p>“I was never worried about a day-one bank puke of Treasuries or drawdown in repo or anything like that on no renewal,” Gwinn said. “My concern was the longer run,” like as reserves continue to rise, would the SLR “become a nuisance and drag on Treasuries and spreads” Gwinn concludes that with the statement, the Fed is<b>\"really speaking to those fears and basically saying, ‘don’t worry, we are on it’.”</b></p><p>Well, with yields spiking to HOD in early quad-witch trading, the market sure seems quite skeptical that the Fed is on anything.</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>Fed Disappoints Market, Lets SLR Relief Expire: What Happens Next</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; 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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\">\nFed Disappoints Market, Lets SLR Relief Expire: What Happens Next\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-03-19 22:32 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.zerohedge.com/markets/stocks-bopnds-tank-after-fed-lets-slr-relief-expire><strong>zerohedge</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>As washinted at, and discussed in depth here,the Fed decided - under political pressure from progressive Democrats such asElizabeth Warren and Sherrod Brown- to let the temporary Supplementary ...</p>\n\n<a href=\"https://www.zerohedge.com/markets/stocks-bopnds-tank-after-fed-lets-slr-relief-expire\">Source 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.zerohedge.com/markets/stocks-bopnds-tank-after-fed-lets-slr-relief-expire","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1199154789","content_text":"As washinted at, and discussed in depth here,the Fed decided - under political pressure from progressive Democrats such asElizabeth Warren and Sherrod Brown- to let the temporary Supplementary Leverage Ratio (SLR) exemption expire as scheduled on March 31, the one year anniversary of the rule change.The federal bank regulatory agencies today announced that the temporary change to the supplementary leverage ratio, or SLR, for depository institutions issued on May 15, 2020, will expire as scheduled on March 31, 2021.The temporary change was made to provide flexibility for depository institutions to provide credit to households and businesses in light of the COVID-19 event.This outcome is theone (again) correctly predictedby former NY Fed guru Zoltan Pozsar who following the FOMC said that \"the fact that the Fed made this adjustment practically preemptively – the o/n RRP facility is not being used at the moment, so there are no capacity constraints yet, while repo and bill yields aren’t trading negative yet –suggests that the Fed is “foaming the runway” for the end of SLR exemption.\"Knowing well this would be a very hot button issue for the market, the Fed published thefollowing statementto ease trader nerves, noting that while the SLR special treatment will expire on March 31, the Fed is \"inviting public comment on several potential SLR modifications\" and furthermore, \"Board may need to address the current design and calibration of the SLR over time to prevent strains from developing that could both constrain economic growth and undermine financial stability\" - in short, if yields spike, the Fed will re-introduce the SLR without delay:The Federal Reserve Board on Friday announced that the temporary change to its supplementary leverage ratio, or SLR, for bank holding companies will expire as scheduled on March 31. Additionally, the Board will shortly seek comment on measures to adjust the SLR. The Board will take appropriate actions to assure that any changes to the SLR do not erode the overall strength of bank capital requirements.To ease strains in the Treasury market resulting from the COVID-19 pandemic and to promote lending to households and businesses, the Board temporarily modified the SLR last year to exclude U.S. Treasury securities and central bank reserves. Since that time, the Treasury market has stabilized. However, because of recent growth in the supply of central bank reserves and the issuance of Treasury securities, the Board may need to address the current design and calibration of the SLR over time to prevent strains from developing that could both constrain economic growth and undermine financial stability.To ensure that the SLR—which was established in 2014 as an additional capital requirement—remains effective in an environment of higher reserves, the Board will soon be inviting public comment on several potential SLR modifications.The proposal and comments will contribute to ongoing discussions with the Department of the Treasury and other regulators on future work to ensure the resiliency of the Treasury market.The Fed's soothing wods notwithstanding,having been primed for a favorable outcome, the Fed's disappointing announcement was hardly the news traders were hoping for and stocks tumbled...Bond yields spiked...... while the stock of JPM, which is the most exposed bank to SLR relief (as noted yesterday in \"Facing Up To JP Morgan's Leverage Relief Threats\")....... slumped.In case you've been living under a rock, here's why you should care about the SLR decision: First, for those whomissed our primer on the issue, some background from JPM (ironically the one bank that has the most to lose from the Fed's decision) the bottom line is that without SLR relief,banks may have to delever, raise new capital, halt buybacks, sell preferred stock, turn down deposits and generally push back on reserves (not necessarily all of these, and not in that order) just as the Fed is injecting hundreds of billions of reserves into the market as the Treasury depletes its TGA account.The massive expansion of the Fed’s balance that has occurred implied an equally massive growth in bank reserves held at Federal Reserve banks. The expiration of the regulatory relief would add ~$2.1tn of leverage exposure across the 8 GSIBs. As well, TGA reduction and continued QE could add another ~$2.35tn of deposits to the system during 2021.While the expiry of the carve-out on March 31 would not have an immediate impact on GSIBs, the continued increase in leverage assets throughout the course of the year would increase long-term debt (LTD) and preferred requirements. Here, JPM takes an optimistic view and writes that\"even the “worst” case issuance scenario as very manageable, with LTD needs of $35bn for TLAC requirements and preferred needs of $15-$20bn to maintain the industry-wide SLR at 5.6%.The constraint is greater at the bank entity, where the capacity to grow leverage exposure to be ~$765bn at 6.2% SLR.\"Goldman's take was more troubling: the bank estimated that under the continued QE regime, there would be a shortfall of some $2 trillion in reserve capacity, mainly in the form of deposits which the banks would be unable to accept as part of ongoing QE (much more in Goldman'sfull take of the SLR quandary).So what happens next?Addressing this topic, yesterday Curvature's Scott Skyrm wrote that \"the largest banks are enjoying much larger balance sheets, but there are political factors in Washington that are against an extension of the exemption.... Here are a couple of scenarios and their implications on the Repo market:The exemption is extended 3 months or 6 months - No impact on the Repo market. It's already fully priced-in.The exemption is continued for reserves, but ended for Treasurys. Since large banks are the largest cash providers in the Repo market, less cash is intermediated into the market and Repo rates rise. Volatility increases as Repo assets move from the largest banks to the other Repo market participants.The exemption is ended for both reserves and Treasurys. Same as above.In other words, Skyrm has a relatively downbeat view, warning that \"since large banks are the largest cash providers in the Repo market, less cash is intermediated into the market and Repo rates rise.\" Additionally, volatility is likely to increase as repo assets move from the largest banks to the other Repo market participants...Perhaps a bit too draconian? Well, last week, JPMorgan laid out 5 scenarios for SLR, of which two predicted the end of SLR relief on March 31, as follow:3. Relief ends March 31, banks fully raise capital Impact on BanksRatesFront-End Rates 4. Relief ends March 31, banks raise capital & de-lever Impact on BanksRatesFront-End RatesGoing back to Zoltan, let's recallthat the repo gurualso cautioned that \"ending the exemption of reserves and Treasuries from the calculation of the SLR may mean that U.S. banks will turn away deposits and reserves on the margin (not Treasuries) to leave more room for market-making activities,and these flows will swell further money funds’ inflows coming from TGA drawdowns.\"More importantly, Zoltan does not expect broad chaos in repo or broader markets, and instead provides a more benign view on the negligible impact the SLR has had (and will be if it is eliminated), as he explained in a note from Tuesday.How to determine if Zoltan's benign view is correct? He concluded his note by writing that \"given that our call for a zero-to-negative FRA-OIS spread by the end of June was predicated on the end of SLR extension and an assumption that the Fed will try to fix a quantity problem with prices, not quantities, today’s adjustments mean that FRA-OIS won’t trade all the way down to zero or negative territory.\"FRA-OIS from here will be a function of how tight FX swaps will trade relative to OIS, but Treasury bills trading at deeply sub-zero rates is no longer a risk...While Bills have occasionally dipped into the negative territory on occasion, so far they have avoided a fullblown plunge into NIRP, which may be just the positive sign the market is waiting for to ease the nerves associated with the sudden and largely unexpected end of the SLR exemption.* *  *Finally, for those curious what the immediate market impact will be, NatWest strategist Blake Gwinn writes that the Fed announcement that they’re letting regulatory exemptions for banks expire at the end of the month \"really threads the needle and \"assuages concerns about the potential long-term impact on the markets\" asthe SLR \"ends it but defuses a lot of the knee-jerk market reaction” by pledging to address the current design and calibration of the supplementary leverage ratio to prevent strains from developing.“I was never worried about a day-one bank puke of Treasuries or drawdown in repo or anything like that on no renewal,” Gwinn said. “My concern was the longer run,” like as reserves continue to rise, would the SLR “become a nuisance and drag on Treasuries and spreads” Gwinn concludes that with the statement, the Fed is\"really speaking to those fears and basically saying, ‘don’t worry, we are on it’.”Well, with yields spiking to HOD in early quad-witch trading, the market sure seems quite skeptical that the Fed is on anything.","news_type":1,"symbols_score_info":{}},"isVote":1,"tweetType":1,"viewCount":390,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":325895032,"gmtCreate":1615884089426,"gmtModify":1704787887598,"author":{"id":"3571782327892977","authorId":"3571782327892977","name":"VincentYeo","avatar":"https://static.tigerbbs.com/304c3897d2ddafdd707517fbd4c7a86d","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3571782327892977","idStr":"3571782327892977"},"themes":[],"htmlText":"EV is the future!","listText":"EV is the future!","text":"EV is the future!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":3,"repostSize":0,"link":"https://ttm.financial/post/325895032","repostId":"1103941729","repostType":4,"isVote":1,"tweetType":1,"viewCount":365,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9098070344,"gmtCreate":1643985441338,"gmtModify":1676533878751,"author":{"id":"3571782327892977","authorId":"3571782327892977","name":"VincentYeo","avatar":"https://static.tigerbbs.com/304c3897d2ddafdd707517fbd4c7a86d","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3571782327892977","idStr":"3571782327892977"},"themes":[],"htmlText":"Comment","listText":"Comment","text":"Comment","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9098070344","repostId":"2208699317","repostType":2,"repost":{"id":"2208699317","kind":"highlight","weMediaInfo":{"introduction":"Stock Market Quotes, Business News, Financial News, Trading Ideas, and Stock Research by Professionals","home_visible":0,"media_name":"Benzinga","id":"1052270027","head_image":"https://static.tigerbbs.com/d08bf7808052c0ca9deb4e944cae32aa"},"pubTimestamp":1643981646,"share":"https://ttm.financial/m/news/2208699317?lang=en_US&edition=fundamental","pubTime":"2022-02-04 21:34","market":"us","language":"en","title":"The Daily Biotech Pulse: Sanofi, Bristol-Myers Squibb Gain On Earnings, Valneva-Pfizer Tout Positive Lyme Disease Vaccine Data, UNITY Biotech Restructures","url":"https://stock-news.laohu8.com/highlight/detail?id=2208699317","media":"Benzinga","summary":"Here&#39;s a roundup of top developments in the biotech space over the last 24 hours.","content":"<html><body><p>Here's a roundup of top developments in the biotech space over the last 24 hours.</p>\n<h3>Stocks In Focus</h3>\n<h3>Valneva, Pfizer Announces Mid-Stage Results For Lyme Disease Vaccine Candidate</h3>\n<p><strong><a href=\"https://laohu8.com/S/VNVLF\">Valneva SE</a> </strong>(NASDAQ:VALN) and <strong>Pfizer, Inc. </strong>(NYSE:PFE) announced further positive Phase 2 data for their Lyme disease vaccine candidate, VLA15. Based on these new results, Valneva and Pfizer plan to proceed with a three-dose primary series vaccination schedule in a planned Phase 3 clinical trial. The trial will evaluate VLA15 in adults and pediatric subjects 5 years of age and above and is expected to be initiated in 2022, subject to regulatory approval.</p>\n<h3>UNITY Biotech Announces Restructuring Including 50% Job Cuts and Halting Earlier-Stage Program</h3>\n<p><strong>UNITY Biotechnology, Inc. </strong>(NASDAQ:UBX) announced it has initiated a restructuring program to align its resources on later-stage programs in ophthalmology while further extending operating capital into the first quarter of 2023.</p>\n<p>All the other programs will be paused. The company also said it will reduce its workforce, primarily in Discovery Research, by about 50%, reducing staff to 34 full-time employees by the middle of the year.</p>\n<p>The stock was up 8.49% at $1.15 in premarket trading.</p>\n<p><em>Click  here  to access Benzinga's FDA Calendar</em></p>\n<h3>Syndax Announces Promotion Of COO Michael Metzger To Role Of CEO</h3>\n<p><strong><a href=\"https://laohu8.com/S/SNDX\">Syndax Pharmaceuticals, Inc. </a></strong>(NASDAQ:SNDX) announced that Michael Metzger, President and Chief Operating Officer, will transition to the role of Chief Executive Officer, effective Thursday. Briggs Morrison, CEO, will transition to the role of President, Head of R&amp;D.</p>\n<h3>Galapagos Says Biotech Investment Firm EcoR1 Holds 5.2% Stake In The Company</h3>\n<p><strong><a href=\"https://laohu8.com/S/GLPG\">Galapagos NV</a> </strong>(NASDAQ:GLPG) noted that EcoR1 Capital held 3.4 million of the company's voting rights, consisting of 211,622 ordinary shares and 3.2 million ADRs. This represents 5.2% of Galapagos' outstanding shares.</p>\n<p>The stock was rising 1.81% to $65.26 in premarket trading.</p>\n<h3>Insider Transactions</h3>\n<p>Shares of COVID-19 testing company <strong>OraSure Technologies, Inc. </strong>(NASDAQ:OSUR) came under pressure after a series of filings with the SEC showed insider transactions.</p>\n<p>The stock was shedding 6.22% to $8.44 in after-hours trading.</p>\n<p><strong><a href=\"https://laohu8.com/S/AKRO\">Akero Therapeutics</a>, Inc.'s</strong>(NASDAQ:AKRO) President and CEO Andrew Cheng sold 10,000 shares in the company that were acquired by exercising of options.</p>\n<p>In premarket trading, the stock was dropping 5.12% to $16.50.</p>\n<p><em>Related Link: Attention Biotech Investors: Mark Your Calendar For These Key February PDUFA Dates </em></p>\n<h3>Earnings</h3>\n<p><strong><a href=\"https://laohu8.com/S/GCVRZ\">Sanofi</a> </strong>(NYSE:SNY) said  its fourth-quarter sales rose 4.1% and business EPS increased 9.8% at constant exchange range. The results were ahead of the expectations of most analysts. The company said it still expects Phase 3 trials of its partnered COVID-19 vaccine to be completed in the first quarter.</p>\n<p><strong><a href=\"https://laohu8.com/S/REGN\">Regeneron Pharmaceuticals</a>, Inc.'s </strong>(NASDAQ:REGN) fourth-quarter revenues jumped 104% to $4.95 billion and non-GAAP EPS came in at $23.72.The results were ahead of expectations.</p>\n<p><strong>Bristol-Myers Squibb Company </strong>(NYSE:BMY) said its fourth-quarter revenues climbed 8% to $11.99 billion and non-GAAP EPS increased from $1.46 to $1.83. The revenues were shy of estimates, while the bottom-line exceeded expectations. The company expects 2022 non-GAAP EPS of $7.65-$7.95 and worldwide revenues of about $47 billion. Analysts, on average, estimate non-GAAP EPS of $7.86 on revenues of $47.12 billion. The company also reaffirmed its long-term targets.</p>\n<p>Among the others that released earnings before the market are <strong>IRadimed Corporation </strong>(NASDAQ:IRMD), <strong>Meridian Bioscience, Inc. </strong>(NASDAQ:VIVO), <strong><a href=\"https://laohu8.com/S/IMVTU\">Immunovant, Inc.</a> </strong>(NASDAQ:IMVT) and<strong>Twist Bioscience Corporation </strong>(NASDAQ:TWST).</p>\n</body></html>","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 Daily Biotech Pulse: Sanofi, Bristol-Myers Squibb Gain On Earnings, Valneva-Pfizer Tout Positive Lyme Disease Vaccine Data, UNITY Biotech Restructures</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\">\nThe Daily Biotech Pulse: Sanofi, Bristol-Myers Squibb Gain On Earnings, Valneva-Pfizer Tout Positive Lyme Disease Vaccine Data, UNITY Biotech Restructures\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/d08bf7808052c0ca9deb4e944cae32aa);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Benzinga </p>\n<p class=\"h-time\">2022-02-04 21:34</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<html><body><p>Here's a roundup of top developments in the biotech space over the last 24 hours.</p>\n<h3>Stocks In Focus</h3>\n<h3>Valneva, Pfizer Announces Mid-Stage Results For Lyme Disease Vaccine Candidate</h3>\n<p><strong><a href=\"https://laohu8.com/S/VNVLF\">Valneva SE</a> </strong>(NASDAQ:VALN) and <strong>Pfizer, Inc. </strong>(NYSE:PFE) announced further positive Phase 2 data for their Lyme disease vaccine candidate, VLA15. Based on these new results, Valneva and Pfizer plan to proceed with a three-dose primary series vaccination schedule in a planned Phase 3 clinical trial. The trial will evaluate VLA15 in adults and pediatric subjects 5 years of age and above and is expected to be initiated in 2022, subject to regulatory approval.</p>\n<h3>UNITY Biotech Announces Restructuring Including 50% Job Cuts and Halting Earlier-Stage Program</h3>\n<p><strong>UNITY Biotechnology, Inc. </strong>(NASDAQ:UBX) announced it has initiated a restructuring program to align its resources on later-stage programs in ophthalmology while further extending operating capital into the first quarter of 2023.</p>\n<p>All the other programs will be paused. The company also said it will reduce its workforce, primarily in Discovery Research, by about 50%, reducing staff to 34 full-time employees by the middle of the year.</p>\n<p>The stock was up 8.49% at $1.15 in premarket trading.</p>\n<p><em>Click  here  to access Benzinga's FDA Calendar</em></p>\n<h3>Syndax Announces Promotion Of COO Michael Metzger To Role Of CEO</h3>\n<p><strong><a href=\"https://laohu8.com/S/SNDX\">Syndax Pharmaceuticals, Inc. </a></strong>(NASDAQ:SNDX) announced that Michael Metzger, President and Chief Operating Officer, will transition to the role of Chief Executive Officer, effective Thursday. Briggs Morrison, CEO, will transition to the role of President, Head of R&amp;D.</p>\n<h3>Galapagos Says Biotech Investment Firm EcoR1 Holds 5.2% Stake In The Company</h3>\n<p><strong><a href=\"https://laohu8.com/S/GLPG\">Galapagos NV</a> </strong>(NASDAQ:GLPG) noted that EcoR1 Capital held 3.4 million of the company's voting rights, consisting of 211,622 ordinary shares and 3.2 million ADRs. This represents 5.2% of Galapagos' outstanding shares.</p>\n<p>The stock was rising 1.81% to $65.26 in premarket trading.</p>\n<h3>Insider Transactions</h3>\n<p>Shares of COVID-19 testing company <strong>OraSure Technologies, Inc. </strong>(NASDAQ:OSUR) came under pressure after a series of filings with the SEC showed insider transactions.</p>\n<p>The stock was shedding 6.22% to $8.44 in after-hours trading.</p>\n<p><strong><a href=\"https://laohu8.com/S/AKRO\">Akero Therapeutics</a>, Inc.'s</strong>(NASDAQ:AKRO) President and CEO Andrew Cheng sold 10,000 shares in the company that were acquired by exercising of options.</p>\n<p>In premarket trading, the stock was dropping 5.12% to $16.50.</p>\n<p><em>Related Link: Attention Biotech Investors: Mark Your Calendar For These Key February PDUFA Dates </em></p>\n<h3>Earnings</h3>\n<p><strong><a href=\"https://laohu8.com/S/GCVRZ\">Sanofi</a> </strong>(NYSE:SNY) said  its fourth-quarter sales rose 4.1% and business EPS increased 9.8% at constant exchange range. The results were ahead of the expectations of most analysts. The company said it still expects Phase 3 trials of its partnered COVID-19 vaccine to be completed in the first quarter.</p>\n<p><strong><a href=\"https://laohu8.com/S/REGN\">Regeneron Pharmaceuticals</a>, Inc.'s </strong>(NASDAQ:REGN) fourth-quarter revenues jumped 104% to $4.95 billion and non-GAAP EPS came in at $23.72.The results were ahead of expectations.</p>\n<p><strong>Bristol-Myers Squibb Company </strong>(NYSE:BMY) said its fourth-quarter revenues climbed 8% to $11.99 billion and non-GAAP EPS increased from $1.46 to $1.83. The revenues were shy of estimates, while the bottom-line exceeded expectations. The company expects 2022 non-GAAP EPS of $7.65-$7.95 and worldwide revenues of about $47 billion. Analysts, on average, estimate non-GAAP EPS of $7.86 on revenues of $47.12 billion. The company also reaffirmed its long-term targets.</p>\n<p>Among the others that released earnings before the market are <strong>IRadimed Corporation </strong>(NASDAQ:IRMD), <strong>Meridian Bioscience, Inc. </strong>(NASDAQ:VIVO), <strong><a href=\"https://laohu8.com/S/IMVTU\">Immunovant, Inc.</a> </strong>(NASDAQ:IMVT) and<strong>Twist Bioscience Corporation </strong>(NASDAQ:TWST).</p>\n</body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"TWST":"Twist Bioscience Corp","REGN":"再生元制药公司","IRMD":"iRadimed Corporation","SNY":"赛诺菲安万特","VIVO":"美鼎生物","UBX":"Unity Biotechnology","GLPG":"Galapagos NV","AKRO":"Akero Therapeutics","PFE":"辉瑞","SNDX":"Syndax Pharmaceuticals, Inc. ","VALN":"Valneva SE","UNTY":"Unity Bancorp","BMY":"施贵宝","SNYNF":"Sanofi","IBB":"生物科技指数ETF-iShares Nasdaq","OSUR":"奥瑞许科技","IMVT":"Immunovant, Inc."},"source_url":"https://www.benzinga.com/general/biotech/22/02/25418129/the-daily-biotech-pulse-sanofi-bristol-myers-squibb-gain-on-earnings-valneva-pfizer-tout-positive","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2208699317","content_text":"Here's a roundup of top developments in the biotech space over the last 24 hours.\nStocks In Focus\nValneva, Pfizer Announces Mid-Stage Results For Lyme Disease Vaccine Candidate\nValneva SE (NASDAQ:VALN) and Pfizer, Inc. (NYSE:PFE) announced further positive Phase 2 data for their Lyme disease vaccine candidate, VLA15. Based on these new results, Valneva and Pfizer plan to proceed with a three-dose primary series vaccination schedule in a planned Phase 3 clinical trial. The trial will evaluate VLA15 in adults and pediatric subjects 5 years of age and above and is expected to be initiated in 2022, subject to regulatory approval.\nUNITY Biotech Announces Restructuring Including 50% Job Cuts and Halting Earlier-Stage Program\nUNITY Biotechnology, Inc. (NASDAQ:UBX) announced it has initiated a restructuring program to align its resources on later-stage programs in ophthalmology while further extending operating capital into the first quarter of 2023.\nAll the other programs will be paused. The company also said it will reduce its workforce, primarily in Discovery Research, by about 50%, reducing staff to 34 full-time employees by the middle of the year.\nThe stock was up 8.49% at $1.15 in premarket trading.\nClick  here  to access Benzinga's FDA Calendar\nSyndax Announces Promotion Of COO Michael Metzger To Role Of CEO\nSyndax Pharmaceuticals, Inc. (NASDAQ:SNDX) announced that Michael Metzger, President and Chief Operating Officer, will transition to the role of Chief Executive Officer, effective Thursday. Briggs Morrison, CEO, will transition to the role of President, Head of R&D.\nGalapagos Says Biotech Investment Firm EcoR1 Holds 5.2% Stake In The Company\nGalapagos NV (NASDAQ:GLPG) noted that EcoR1 Capital held 3.4 million of the company's voting rights, consisting of 211,622 ordinary shares and 3.2 million ADRs. This represents 5.2% of Galapagos' outstanding shares.\nThe stock was rising 1.81% to $65.26 in premarket trading.\nInsider Transactions\nShares of COVID-19 testing company OraSure Technologies, Inc. (NASDAQ:OSUR) came under pressure after a series of filings with the SEC showed insider transactions.\nThe stock was shedding 6.22% to $8.44 in after-hours trading.\nAkero Therapeutics, Inc.'s(NASDAQ:AKRO) President and CEO Andrew Cheng sold 10,000 shares in the company that were acquired by exercising of options.\nIn premarket trading, the stock was dropping 5.12% to $16.50.\nRelated Link: Attention Biotech Investors: Mark Your Calendar For These Key February PDUFA Dates \nEarnings\nSanofi (NYSE:SNY) said  its fourth-quarter sales rose 4.1% and business EPS increased 9.8% at constant exchange range. The results were ahead of the expectations of most analysts. The company said it still expects Phase 3 trials of its partnered COVID-19 vaccine to be completed in the first quarter.\nRegeneron Pharmaceuticals, Inc.'s (NASDAQ:REGN) fourth-quarter revenues jumped 104% to $4.95 billion and non-GAAP EPS came in at $23.72.The results were ahead of expectations.\nBristol-Myers Squibb Company (NYSE:BMY) said its fourth-quarter revenues climbed 8% to $11.99 billion and non-GAAP EPS increased from $1.46 to $1.83. The revenues were shy of estimates, while the bottom-line exceeded expectations. The company expects 2022 non-GAAP EPS of $7.65-$7.95 and worldwide revenues of about $47 billion. Analysts, on average, estimate non-GAAP EPS of $7.86 on revenues of $47.12 billion. The company also reaffirmed its long-term targets.\nAmong the others that released earnings before the market are IRadimed Corporation (NASDAQ:IRMD), Meridian Bioscience, Inc. (NASDAQ:VIVO), Immunovant, Inc. (NASDAQ:IMVT) andTwist Bioscience Corporation (NASDAQ:TWST).","news_type":1,"symbols_score_info":{"SNDX":0.9,"REGN":0.9,"TWST":0.9,"OSUR":0.9,"VALN":0.9,"SNY":0.9,"UNTY":1,"IBB":0.9,"GLPG":0.9,"BMY":1,"AKRO":0.9,"SNYNF":1,"UBX":0.9,"IMVT":0.9,"VIVO":0.9,"PFE":1,"IRMD":0.9}},"isVote":1,"tweetType":1,"viewCount":1949,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":136238615,"gmtCreate":1622018777837,"gmtModify":1704366185780,"author":{"id":"3571782327892977","authorId":"3571782327892977","name":"VincentYeo","avatar":"https://static.tigerbbs.com/304c3897d2ddafdd707517fbd4c7a86d","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3571782327892977","idStr":"3571782327892977"},"themes":[],"htmlText":"Make one post on the community","listText":"Make one post on the community","text":"Make one post on the community","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/136238615","repostId":"1142524290","repostType":4,"repost":{"id":"1142524290","kind":"news","pubTimestamp":1622016666,"share":"https://ttm.financial/m/news/1142524290?lang=en_US&edition=fundamental","pubTime":"2021-05-26 16:11","market":"sh","language":"en","title":"Investing in China stocks in 2021? Here are 8 things investors should know","url":"https://stock-news.laohu8.com/highlight/detail?id=1142524290","media":"The Fifth Person","summary":"Despite being the initial epicenter of the COVID-19 outbreak, China’s resilience is shining through ","content":"<p><img src=\"https://static.tigerbbs.com/2a8c0424e9949959e109c349918f9214\" tg-width=\"780\" tg-height=\"470\" referrerpolicy=\"no-referrer\"></p><p>Despite being the initial epicenter of the COVID-19 outbreak, China’s resilience is shining through by being the first country to see a recovery from the economic downturn caused by the pandemic. In this article, we will look at China’s growing importance in global equity indices, the characteristics of the Chinese equity market, as well as the key trends and risks facing the dynamic transformation of China’s economy.</p><p><b>1. China is the youngest market regionally, with the Shanghai and Shenzhen Stock Connect schemes launched only five years ago.</b>Shanghai Connect was launched on 17 November 2014 followed by Shenzhen Connect on 5 December 2016. This enabled the integration of Chinese equities into the global financial system, raising the profile of Chinese companies, and was the beginning of China’s equity representation in the MSCI Emerging Markets Index.</p><p>Investors can access the Chinese equity market through several share classes, the largest being A-shares. A-shares refer to companies listed on the Shanghai and Shenzhen stock exchanges and were previously only available for trading by mainland Chinese citizens. H-shares on the other hand are listed on the Hong Kong stock exchange and available for trading to all investors.</p><p>With the Stock Connect schemes, investors outside of mainland China can now use the Hong Kong Exchange to buy A-shares in Shanghai or Shenzhen (known as ‘northbound’ trades) while Mainland China residents can use the Shanghai or Shenzhen exchanges to buy H-shares or Hong Kong-listed stocks. (known as ‘southbound’ trades)</p><p>It is crucial for an investor to understanding the differences between the various share classes in China to make informed investment decisions. The table below includes key information that investors should know about the different types of China share classes.</p><table><thead><tr><th>SHARE CLASS</th><th>DEFINITION</th><th>STOCK EXCHANGE (CURRENCY)</th></tr></thead><tbody><tr><td>A</td><td>China securities incorporated in Mainland China, listed on the Shanghai or Shenzhen Stock Exchange and traded in Renminbi (RMB).</td><td>Shanghai (RMB), Shenzen (RMB)</td></tr><tr><td>B</td><td>China securities incorporated in Mainland China, listed on the Shanghai Stock Exchange (USD) and Shenzhen Stock Exchange (HKD).</td><td>Shanghai (USD), Shenzhen (HKD)</td></tr><tr><td>H</td><td>China securities incorporated in Mainland China, listed on the Hong Kong Stock Exchange (HKD).</td><td>Hong Kong (HKD)</td></tr><tr><td>Red-Chips</td><td>China securities of state-owned companies incorporated outside Mainland China, listed on the Hong Kong Stock Exchange (HKD).</td><td>Hong Kong (HKD)</td></tr><tr><td>P-Chips</td><td>China securities of non-government owned companies incorporated outside Mainland China, listed on the Hong Kong Stock Exchange (HKD).</td><td>Hong Kong (HKD)</td></tr><tr><td>Listed Overseas</td><td>China securities (including ADRs) incorporated outside Greater China (mainland China, Hong Kong, Macao and Taiwan); listed on the NYSE Euronext–New York, NASDAQ, NYSE AMEX (N-Shares) traded in USD; and Singapore (S-Shares) Exchanges traded in Singapore Dollars (SGD).</td><td>New York (USD), Singapore (SGD)</td></tr></tbody></table><p><i>Source:MSCI</i></p><p><b>2. Inclusion of China A-shares in the MSCI Emerging Index.</b>MSCI began including China large-cap A-shares in the MSCI Emerging Index on 31 May 2018. Based on data from MSCI in 2018, China equities form 31.3% of the MSCI Emerging Markets Index at 5% inclusion.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/d589e0bc0f99baaa7aac9f300c998d46\" tg-width=\"769\" tg-height=\"288\" referrerpolicy=\"no-referrer\"><span>Source:MSCI</span></p><p>Based on current market capitalizations, at a hypothetical 100% inclusion, China equities would comprise 42% of the MSCI Emerging Index in the future.</p><p>As the inclusion factor of China A-Shares into the MSCI Emerging Markets Index is expected to rise, the exposure of institutional and foreign investors to A-shares should increase and reflect China’s growing importance in global equity indices.</p><p><b>3. Significant expansion of China’s capital markets.</b>The combined market capitalisation of the exchanges in Shanghai, Shenzhen, and Hong Kong is US$17.88 trillion (as of January 2021). China’s combined capital markets places it in third position within the top 10 largest stock exchange operators, with the New York Stock exchange and Nasdaq of the United States leading the rest of the world.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/2319859429c4f77a557d576d123cbb14\" tg-width=\"1000\" tg-height=\"584\" referrerpolicy=\"no-referrer\"><span>Largest stock exchange operators worldwide as of January 2021, by market capitalization of listed companies (in trillion U.S. dollars). Source:Statista</span></p><p><b>4. Chinese companies are becoming more market-oriented</b></p><p>Once largely out of reach to foreign investors, China’s state-owned enterprises (SOEs) held outsized influence over the country’s economy, leading many investors to question China’s corporate governance standards.</p><p>However, over the last 15 years, non-strategic SOEs such as local consumer or technology businesses are behaving more like profit-seeking entities. Much of the investment activities that previously took place in private and venture capital markets are increasingly accessible to investors in listed equity markets.</p><p>An increasing number of state-owned and privately owned enterprises offering employee stock-ownership programmes have been on the uptrend, turning employees into shareholders who have an active stake in the company’s success.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/3e80728bb190c08bcd57f4e1aae9eb6f\" tg-width=\"793\" tg-height=\"384\" referrerpolicy=\"no-referrer\"><span>Source: (Left) Wind, Allianz Global Investors as of 31 December 2020; (Right) Wind, Goldman Sachs as of 30 November 2020</span></p><p><b>5. China markets are highly liquid.</b>Chinese equity markets have a high level of retail investor participation. Much of the investment activity is led by a culture of short-term trading. Frequent change of investor sentiments causes significant market volatility and reflects a dominant characteristic of local domestic investors who tend to speculate rather than invest based on informed valuations.</p><p>This is evident in the MSCI indices, where Chinese equities rank the highest for turnover (buying and selling of shares) and standard deviation (volatility).</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/ede208260949b6ed752a53512221d0df\" tg-width=\"1000\" tg-height=\"598\" referrerpolicy=\"no-referrer\"><span>MSCI Index Comparison of Turnover and Standard Deviation as of 31 March 2021. Source: MSCI China All Shares Index, MSCI World Index</span></p><p>However, markets with high turnover ratios are generally easier to trade (more investors are buying and selling) and therefore favourable to skilled investors employing momentum, market timing, and sector rotation strategies.</p><p><b>6. China equites offer portfolio diversification</b>. The stock movements of China’s A-shares are weakly correlated to stock movements in other equity markets. Over the last 10 years, China A-shares have seen a correlation of 0.21 compared to global equities. In comparison, U.S. shares have a correlation of 0.943 compared to stocks in global equity markets.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/e644c93e282f324321bef4392d05f52d\" tg-width=\"961\" tg-height=\"288\" referrerpolicy=\"no-referrer\"><span>Source: Bloomberg, Allianz Global Investors, as at 31 December 2020. China A-shares represented by MSCI China A Onshore Index; HK-listed China stocks by MSCI China Index; APxJ equities by MSCI AC Asia ex Japan Index; global emerging market equities by MSCI Emerging Markets Index; Japan equities by TOPIX Index; US equities by S&amp;P 500 Index; European equities by MSCI Europe Index; world equities by MSCI World Index.</span></p><p>Holding China equities can offer diversification benefits during market downturns such as the period of the COVID-19 pandemic when highly correlated asset classes fell.</p><p><b>7. Chinese trends that investors should pay attention to.</b>As China transits towards self-sufficiency, increased infrastructure spending, and upgrade of domestic consumption, the sectors expected to benefit are domestic tourism, machinery, solar energy, semiconductors, industrial automation, renewable energy and electric vehicles.</p><p>China is the largest market for electric vehicles (EVs) globally. According to a McKinsey report, China’s EV market is about three to four times that of the U.S which could potentially propel Chinese EV makers into the global arena for the manufacturing of EVs, batteries and charging infrastructure.</p><p>Major fund house analysts expect Chinese equities to continue performing well in the first half of 2021, with investors revising up their earnings forecasts for the year as policy initiatives related to self-sufficiency, domestic demand and sustainability attract investor attention.</p><p>Central bank and regulators are also expected to exit from policy stimulus as China’s economic growth gradually returns to normal, triggering the recent profit-taking and sell offs in Chinese stock markets as the Chinese economy bottomed during the second quarter. Among the backdrop described above, China is still expected to achieve a mid-to-high single-digit GDP growth in 2021.</p><p><b>8. Risks that investors should heed.</b>Recent executive orders forbidding all U.S. persons from investing in the securities of companies deemed to be Chinese military companies were issued by the Trump administration. According to the executive order, all U.S. persons will also have to divest their holdings of these blacklisted securities by 11 November 2021.</p><p>At an institutional level, U.S. funds and ETFs whose portfolio consists of these blacklisted constituents will have to remove such companies from their portfolios, causing performance deviation from major benchmarks and indexes these funds and ETFs measure against. Retail investors who buy into these companies, funds or ETFs could see valuation affected.</p><p>The current situation remains extremely fluid and could reverse as the Biden administration begins a thorough review of its predecessor’s policies. Capital mobility restrictions, market accessibility, and under-coverage of Chinese companies continue to be a current challenge for global asset managers and foreign investors.</p><p><b>The fifth perspective</b></p><p>China’s equity markets have increasingly liberalized and are still undergoing a transformation as we speak. As a result of these efforts, China equity has become more accessible for international investors compared to just five years ago.</p><p>However, the ongoing U.S.-China tensions continue to undermine confidence in China equity. The recent executive order blacklisting China companies is a good example. This will continue to be an ongoing dynamic as the international investing community adjusts to China’s increasing inclusion in the global financial markets. &nbsp;Another detractor would be the relatively inexperienced Chinese retail investor and their trading culture where frequent sector rotation and sudden swings in market sentiment affects share prices.</p><p>China’s future economic growth drivers is increasingly underpinned by self-sufficiency initiatives. As China aims to increase capital expenditures in infrastructure, technologies and domestic consumption, the number of listed companies and market capitalisations is expected to rise and provide an increasing pool of opportunities for investors.</p><p>The majority of global investors today still own an incomplete China equity portfolio. With selective stock picking, investors can increase exposure to China’s growth story, add meaningful diversification to their portfolio and potentially benefit from greater risk-returns.</p>","source":"lsy1622016633088","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>Investing in China stocks in 2021? Here are 8 things investors should know</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\">\nInvesting in China stocks in 2021? Here are 8 things investors should know\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-05-26 16:11 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://fifthperson.com/china-stocks-2021/><strong>The Fifth Person</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Despite being the initial epicenter of the COVID-19 outbreak, China’s resilience is shining through by being the first country to see a recovery from the economic downturn caused by the pandemic. In ...</p>\n\n<a href=\"https://fifthperson.com/china-stocks-2021/\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"399001":"深证成指","399006":"创业板指","000001.SH":"上证指数","STI.SI":"富时新加坡海峡指数"},"source_url":"https://fifthperson.com/china-stocks-2021/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1142524290","content_text":"Despite being the initial epicenter of the COVID-19 outbreak, China’s resilience is shining through by being the first country to see a recovery from the economic downturn caused by the pandemic. In this article, we will look at China’s growing importance in global equity indices, the characteristics of the Chinese equity market, as well as the key trends and risks facing the dynamic transformation of China’s economy.1. China is the youngest market regionally, with the Shanghai and Shenzhen Stock Connect schemes launched only five years ago.Shanghai Connect was launched on 17 November 2014 followed by Shenzhen Connect on 5 December 2016. This enabled the integration of Chinese equities into the global financial system, raising the profile of Chinese companies, and was the beginning of China’s equity representation in the MSCI Emerging Markets Index.Investors can access the Chinese equity market through several share classes, the largest being A-shares. A-shares refer to companies listed on the Shanghai and Shenzhen stock exchanges and were previously only available for trading by mainland Chinese citizens. H-shares on the other hand are listed on the Hong Kong stock exchange and available for trading to all investors.With the Stock Connect schemes, investors outside of mainland China can now use the Hong Kong Exchange to buy A-shares in Shanghai or Shenzhen (known as ‘northbound’ trades) while Mainland China residents can use the Shanghai or Shenzhen exchanges to buy H-shares or Hong Kong-listed stocks. (known as ‘southbound’ trades)It is crucial for an investor to understanding the differences between the various share classes in China to make informed investment decisions. The table below includes key information that investors should know about the different types of China share classes.SHARE CLASSDEFINITIONSTOCK EXCHANGE (CURRENCY)AChina securities incorporated in Mainland China, listed on the Shanghai or Shenzhen Stock Exchange and traded in Renminbi (RMB).Shanghai (RMB), Shenzen (RMB)BChina securities incorporated in Mainland China, listed on the Shanghai Stock Exchange (USD) and Shenzhen Stock Exchange (HKD).Shanghai (USD), Shenzhen (HKD)HChina securities incorporated in Mainland China, listed on the Hong Kong Stock Exchange (HKD).Hong Kong (HKD)Red-ChipsChina securities of state-owned companies incorporated outside Mainland China, listed on the Hong Kong Stock Exchange (HKD).Hong Kong (HKD)P-ChipsChina securities of non-government owned companies incorporated outside Mainland China, listed on the Hong Kong Stock Exchange (HKD).Hong Kong (HKD)Listed OverseasChina securities (including ADRs) incorporated outside Greater China (mainland China, Hong Kong, Macao and Taiwan); listed on the NYSE Euronext–New York, NASDAQ, NYSE AMEX (N-Shares) traded in USD; and Singapore (S-Shares) Exchanges traded in Singapore Dollars (SGD).New York (USD), Singapore (SGD)Source:MSCI2. Inclusion of China A-shares in the MSCI Emerging Index.MSCI began including China large-cap A-shares in the MSCI Emerging Index on 31 May 2018. Based on data from MSCI in 2018, China equities form 31.3% of the MSCI Emerging Markets Index at 5% inclusion.Source:MSCIBased on current market capitalizations, at a hypothetical 100% inclusion, China equities would comprise 42% of the MSCI Emerging Index in the future.As the inclusion factor of China A-Shares into the MSCI Emerging Markets Index is expected to rise, the exposure of institutional and foreign investors to A-shares should increase and reflect China’s growing importance in global equity indices.3. Significant expansion of China’s capital markets.The combined market capitalisation of the exchanges in Shanghai, Shenzhen, and Hong Kong is US$17.88 trillion (as of January 2021). China’s combined capital markets places it in third position within the top 10 largest stock exchange operators, with the New York Stock exchange and Nasdaq of the United States leading the rest of the world.Largest stock exchange operators worldwide as of January 2021, by market capitalization of listed companies (in trillion U.S. dollars). Source:Statista4. Chinese companies are becoming more market-orientedOnce largely out of reach to foreign investors, China’s state-owned enterprises (SOEs) held outsized influence over the country’s economy, leading many investors to question China’s corporate governance standards.However, over the last 15 years, non-strategic SOEs such as local consumer or technology businesses are behaving more like profit-seeking entities. Much of the investment activities that previously took place in private and venture capital markets are increasingly accessible to investors in listed equity markets.An increasing number of state-owned and privately owned enterprises offering employee stock-ownership programmes have been on the uptrend, turning employees into shareholders who have an active stake in the company’s success.Source: (Left) Wind, Allianz Global Investors as of 31 December 2020; (Right) Wind, Goldman Sachs as of 30 November 20205. China markets are highly liquid.Chinese equity markets have a high level of retail investor participation. Much of the investment activity is led by a culture of short-term trading. Frequent change of investor sentiments causes significant market volatility and reflects a dominant characteristic of local domestic investors who tend to speculate rather than invest based on informed valuations.This is evident in the MSCI indices, where Chinese equities rank the highest for turnover (buying and selling of shares) and standard deviation (volatility).MSCI Index Comparison of Turnover and Standard Deviation as of 31 March 2021. Source: MSCI China All Shares Index, MSCI World IndexHowever, markets with high turnover ratios are generally easier to trade (more investors are buying and selling) and therefore favourable to skilled investors employing momentum, market timing, and sector rotation strategies.6. China equites offer portfolio diversification. The stock movements of China’s A-shares are weakly correlated to stock movements in other equity markets. Over the last 10 years, China A-shares have seen a correlation of 0.21 compared to global equities. In comparison, U.S. shares have a correlation of 0.943 compared to stocks in global equity markets.Source: Bloomberg, Allianz Global Investors, as at 31 December 2020. China A-shares represented by MSCI China A Onshore Index; HK-listed China stocks by MSCI China Index; APxJ equities by MSCI AC Asia ex Japan Index; global emerging market equities by MSCI Emerging Markets Index; Japan equities by TOPIX Index; US equities by S&P 500 Index; European equities by MSCI Europe Index; world equities by MSCI World Index.Holding China equities can offer diversification benefits during market downturns such as the period of the COVID-19 pandemic when highly correlated asset classes fell.7. Chinese trends that investors should pay attention to.As China transits towards self-sufficiency, increased infrastructure spending, and upgrade of domestic consumption, the sectors expected to benefit are domestic tourism, machinery, solar energy, semiconductors, industrial automation, renewable energy and electric vehicles.China is the largest market for electric vehicles (EVs) globally. According to a McKinsey report, China’s EV market is about three to four times that of the U.S which could potentially propel Chinese EV makers into the global arena for the manufacturing of EVs, batteries and charging infrastructure.Major fund house analysts expect Chinese equities to continue performing well in the first half of 2021, with investors revising up their earnings forecasts for the year as policy initiatives related to self-sufficiency, domestic demand and sustainability attract investor attention.Central bank and regulators are also expected to exit from policy stimulus as China’s economic growth gradually returns to normal, triggering the recent profit-taking and sell offs in Chinese stock markets as the Chinese economy bottomed during the second quarter. Among the backdrop described above, China is still expected to achieve a mid-to-high single-digit GDP growth in 2021.8. Risks that investors should heed.Recent executive orders forbidding all U.S. persons from investing in the securities of companies deemed to be Chinese military companies were issued by the Trump administration. According to the executive order, all U.S. persons will also have to divest their holdings of these blacklisted securities by 11 November 2021.At an institutional level, U.S. funds and ETFs whose portfolio consists of these blacklisted constituents will have to remove such companies from their portfolios, causing performance deviation from major benchmarks and indexes these funds and ETFs measure against. Retail investors who buy into these companies, funds or ETFs could see valuation affected.The current situation remains extremely fluid and could reverse as the Biden administration begins a thorough review of its predecessor’s policies. Capital mobility restrictions, market accessibility, and under-coverage of Chinese companies continue to be a current challenge for global asset managers and foreign investors.The fifth perspectiveChina’s equity markets have increasingly liberalized and are still undergoing a transformation as we speak. As a result of these efforts, China equity has become more accessible for international investors compared to just five years ago.However, the ongoing U.S.-China tensions continue to undermine confidence in China equity. The recent executive order blacklisting China companies is a good example. This will continue to be an ongoing dynamic as the international investing community adjusts to China’s increasing inclusion in the global financial markets.  Another detractor would be the relatively inexperienced Chinese retail investor and their trading culture where frequent sector rotation and sudden swings in market sentiment affects share prices.China’s future economic growth drivers is increasingly underpinned by self-sufficiency initiatives. As China aims to increase capital expenditures in infrastructure, technologies and domestic consumption, the number of listed companies and market capitalisations is expected to rise and provide an increasing pool of opportunities for investors.The majority of global investors today still own an incomplete China equity portfolio. With selective stock picking, investors can increase exposure to China’s growth story, add meaningful diversification to their portfolio and potentially benefit from greater risk-returns.","news_type":1,"symbols_score_info":{"399001":0.9,"399006":0.9,"000001.SH":0.9,"STI.SI":0.9}},"isVote":1,"tweetType":1,"viewCount":349,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":138878009,"gmtCreate":1621930616501,"gmtModify":1704364630188,"author":{"id":"3571782327892977","authorId":"3571782327892977","name":"VincentYeo","avatar":"https://static.tigerbbs.com/304c3897d2ddafdd707517fbd4c7a86d","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3571782327892977","idStr":"3571782327892977"},"themes":[],"htmlText":"Leggo","listText":"Leggo","text":"Leggo","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/138878009","repostId":"1162584877","repostType":2,"repost":{"id":"1162584877","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":1621929875,"share":"https://ttm.financial/m/news/1162584877?lang=en_US&edition=fundamental","pubTime":"2021-05-25 16:04","market":"us","language":"en","title":"UP Fintech Client Accounts and Balances Hit Record High in Q1 2021","url":"https://stock-news.laohu8.com/highlight/detail?id=1162584877","media":"Tiger Newspress","summary":"UP Fintech Holding Limited (the “Company”, a NASDAQ-listed company under the ticker “$(TIGR)$”, and ","content":"<p>UP Fintech Holding Limited (the “Company”, a NASDAQ-listed company under the ticker “<a href=\"https://laohu8.com/S/TIGR\">$(TIGR)$</a>”, and all of its subsidiaries and consolidated entities), a leading online brokerage firm, posted a strong earnings report for Q1 FY 2021. The firm saw record trading volume of $123.8 billion in the first quarter as demand for online securities trading continued to rise.</p>\n<p>UP Fintech added 296K new client accounts in the first quarter of 2021, more than 3 times that of the first quarter of 2020. The total number of clients with deposits increased 180.4% year-over-year to 376K. Led by strong growth in the client base coupled with active engagement in the markets during the quarter, the total client account balance reached a record high of $21.4 billion in Q1.</p>\n<p>Total revenue increased 255.5% year-over-year to $81.3 million. Non-GAAP profit was $23.5 million during the quarter, 22 times that of the first quarter of 2020.</p>\n<p>In the first quarter, UP Fintech continued to expand its international reach with a growing presence in Singapore. Since the launch of its mobile trading app in Singapore a year ago, the firm has successfully differentiated itself with its innovative technology in a crowded market. In order to further expand product offerings for local users to diversify their portfolios, UP Fintech introduced new products and services in Singapore including its Fund Mall, as well as Daily Leveraged Certificates (DLCs), and US-listed over the counter (OTC) equities in Q1.</p>\n<p>The quarterly additions of new client accounts and funded accounts in Singapore increased by 257.9% and 300.8%, respectively, compared to the preceding quarter. The number of new accounts in Singapore during the first three months of 2021 also exceeded the total for 2020, representing an important step forward in implementing the firm’s global expansion strategy.</p>\n<p>Other revenues from corporate services, including investment banking and ESOP, rose 330.5% to $10.5 million from the prior year period. In Q1, UP Fintech participated in 14 H.K. and U.S. IPOs and served as an underwriter in 8 of them. The firm’s U.S. subsidiary also served as a lead bank for the first time in KuKe’s U.S. IPO (NYSE:KUKE). Despite having only started its investment banking business three years ago, UP Fintech has participated in more than 80 U.S. IPOs of Chinese issuers, leading U.S. IPO underwriting of Chinese companies by deal count among brokerages in both 2019 and 2020.</p>\n<p>The firm also added 41 ESOP clients in Q1. Meanwhile, UP Fintech received ISO27701:2019 and ISO29151:2017 accreditations from DNV. These certifications certified the firm’s commitment to comply with the most stringent international standards in supporting data integrity and client confidentiality.</p>\n<p>“We delivered another strong performance in Q1 with the highest ever funded account additions of 117K during the quarter. We are proud to now serve a diverse and sophisticated base of 376K investors. In Q1, more than half of new clients came from international markets, demonstrating our global expansion strategy is proceeding nicely. The Singapore market delivered phenomenal customer growth, serving as a testament to the relevance of our product offering and the opportunity in the retail brokerage market,” stated Mr. Wu Tianhua, CEO of UP Fintech. “We are off to a strong start in 2021 with record new accounts and client balances. Looking ahead, we will continue to expand our product portfolio and enhance our one-stop trading platform to meet investor preferences.”</p>\n<p>Safe Harbor Statement</p>\n<p>This announcement contains forward-looking statements. These statements are made under the “safe harbor” provisions of the U.S. Private Securities Litigation Reform Act of 1995. These forward-looking statements can be identified by terminology such as “will,” “expects,” “anticipates,” “future,” “intends,” “plans,” “believes,” “estimates” and similar statements. Among other statements, the business outlook and quotations from management in this announcement, as well as the Company’s strategic and operational plans, contain forward-looking statements. The Company may also make written or oral forward-looking statements in its periodic reports to the U.S. Securities and Exchange Commission (“SEC”) on Forms 20-F and 6-K, in its annual report to shareholders, in press releases and other written materials and in oral statements made by its officers, directors or employees to third parties. Statements that are not historical facts, including statements about the Company’s beliefs and expectations, are forward-looking statements. Forward-looking statements involve inherent risks and uncertainties. A number of factors could cause actual results to differ materially from those contained in any forward-looking statement, including but not limited to the following: the Company’s growth strategies; trends and competition in global financial markets; the effects of the global COVID-19 pandemic; and governmental policies relating to the Company’s industry and general economic conditions in China and other countries. Further information regarding these and other risks is included in the Company’s filings with the SEC. All information provided in this press release and in the attachments is as of the date of this press release, and the Company undertakes no obligation to update any forward-looking statement, except as required under applicable law.</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>UP Fintech Client Accounts and Balances Hit Record High in Q1 2021</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\">\nUP Fintech Client Accounts and Balances Hit Record High in Q1 2021\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\">2021-05-25 16:04</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>UP Fintech Holding Limited (the “Company”, a NASDAQ-listed company under the ticker “<a href=\"https://laohu8.com/S/TIGR\">$(TIGR)$</a>”, and all of its subsidiaries and consolidated entities), a leading online brokerage firm, posted a strong earnings report for Q1 FY 2021. The firm saw record trading volume of $123.8 billion in the first quarter as demand for online securities trading continued to rise.</p>\n<p>UP Fintech added 296K new client accounts in the first quarter of 2021, more than 3 times that of the first quarter of 2020. The total number of clients with deposits increased 180.4% year-over-year to 376K. Led by strong growth in the client base coupled with active engagement in the markets during the quarter, the total client account balance reached a record high of $21.4 billion in Q1.</p>\n<p>Total revenue increased 255.5% year-over-year to $81.3 million. Non-GAAP profit was $23.5 million during the quarter, 22 times that of the first quarter of 2020.</p>\n<p>In the first quarter, UP Fintech continued to expand its international reach with a growing presence in Singapore. Since the launch of its mobile trading app in Singapore a year ago, the firm has successfully differentiated itself with its innovative technology in a crowded market. In order to further expand product offerings for local users to diversify their portfolios, UP Fintech introduced new products and services in Singapore including its Fund Mall, as well as Daily Leveraged Certificates (DLCs), and US-listed over the counter (OTC) equities in Q1.</p>\n<p>The quarterly additions of new client accounts and funded accounts in Singapore increased by 257.9% and 300.8%, respectively, compared to the preceding quarter. The number of new accounts in Singapore during the first three months of 2021 also exceeded the total for 2020, representing an important step forward in implementing the firm’s global expansion strategy.</p>\n<p>Other revenues from corporate services, including investment banking and ESOP, rose 330.5% to $10.5 million from the prior year period. In Q1, UP Fintech participated in 14 H.K. and U.S. IPOs and served as an underwriter in 8 of them. The firm’s U.S. subsidiary also served as a lead bank for the first time in KuKe’s U.S. IPO (NYSE:KUKE). Despite having only started its investment banking business three years ago, UP Fintech has participated in more than 80 U.S. IPOs of Chinese issuers, leading U.S. IPO underwriting of Chinese companies by deal count among brokerages in both 2019 and 2020.</p>\n<p>The firm also added 41 ESOP clients in Q1. Meanwhile, UP Fintech received ISO27701:2019 and ISO29151:2017 accreditations from DNV. These certifications certified the firm’s commitment to comply with the most stringent international standards in supporting data integrity and client confidentiality.</p>\n<p>“We delivered another strong performance in Q1 with the highest ever funded account additions of 117K during the quarter. We are proud to now serve a diverse and sophisticated base of 376K investors. In Q1, more than half of new clients came from international markets, demonstrating our global expansion strategy is proceeding nicely. The Singapore market delivered phenomenal customer growth, serving as a testament to the relevance of our product offering and the opportunity in the retail brokerage market,” stated Mr. Wu Tianhua, CEO of UP Fintech. “We are off to a strong start in 2021 with record new accounts and client balances. Looking ahead, we will continue to expand our product portfolio and enhance our one-stop trading platform to meet investor preferences.”</p>\n<p>Safe Harbor Statement</p>\n<p>This announcement contains forward-looking statements. These statements are made under the “safe harbor” provisions of the U.S. Private Securities Litigation Reform Act of 1995. These forward-looking statements can be identified by terminology such as “will,” “expects,” “anticipates,” “future,” “intends,” “plans,” “believes,” “estimates” and similar statements. Among other statements, the business outlook and quotations from management in this announcement, as well as the Company’s strategic and operational plans, contain forward-looking statements. The Company may also make written or oral forward-looking statements in its periodic reports to the U.S. Securities and Exchange Commission (“SEC”) on Forms 20-F and 6-K, in its annual report to shareholders, in press releases and other written materials and in oral statements made by its officers, directors or employees to third parties. Statements that are not historical facts, including statements about the Company’s beliefs and expectations, are forward-looking statements. Forward-looking statements involve inherent risks and uncertainties. A number of factors could cause actual results to differ materially from those contained in any forward-looking statement, including but not limited to the following: the Company’s growth strategies; trends and competition in global financial markets; the effects of the global COVID-19 pandemic; and governmental policies relating to the Company’s industry and general economic conditions in China and other countries. Further information regarding these and other risks is included in the Company’s filings with the SEC. All information provided in this press release and in the attachments is as of the date of this press release, and the Company undertakes no obligation to update any forward-looking statement, except as required under applicable law.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"TIGR":"老虎证券"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1162584877","content_text":"UP Fintech Holding Limited (the “Company”, a NASDAQ-listed company under the ticker “$(TIGR)$”, and all of its subsidiaries and consolidated entities), a leading online brokerage firm, posted a strong earnings report for Q1 FY 2021. The firm saw record trading volume of $123.8 billion in the first quarter as demand for online securities trading continued to rise.\nUP Fintech added 296K new client accounts in the first quarter of 2021, more than 3 times that of the first quarter of 2020. The total number of clients with deposits increased 180.4% year-over-year to 376K. Led by strong growth in the client base coupled with active engagement in the markets during the quarter, the total client account balance reached a record high of $21.4 billion in Q1.\nTotal revenue increased 255.5% year-over-year to $81.3 million. Non-GAAP profit was $23.5 million during the quarter, 22 times that of the first quarter of 2020.\nIn the first quarter, UP Fintech continued to expand its international reach with a growing presence in Singapore. Since the launch of its mobile trading app in Singapore a year ago, the firm has successfully differentiated itself with its innovative technology in a crowded market. In order to further expand product offerings for local users to diversify their portfolios, UP Fintech introduced new products and services in Singapore including its Fund Mall, as well as Daily Leveraged Certificates (DLCs), and US-listed over the counter (OTC) equities in Q1.\nThe quarterly additions of new client accounts and funded accounts in Singapore increased by 257.9% and 300.8%, respectively, compared to the preceding quarter. The number of new accounts in Singapore during the first three months of 2021 also exceeded the total for 2020, representing an important step forward in implementing the firm’s global expansion strategy.\nOther revenues from corporate services, including investment banking and ESOP, rose 330.5% to $10.5 million from the prior year period. In Q1, UP Fintech participated in 14 H.K. and U.S. IPOs and served as an underwriter in 8 of them. The firm’s U.S. subsidiary also served as a lead bank for the first time in KuKe’s U.S. IPO (NYSE:KUKE). Despite having only started its investment banking business three years ago, UP Fintech has participated in more than 80 U.S. IPOs of Chinese issuers, leading U.S. IPO underwriting of Chinese companies by deal count among brokerages in both 2019 and 2020.\nThe firm also added 41 ESOP clients in Q1. Meanwhile, UP Fintech received ISO27701:2019 and ISO29151:2017 accreditations from DNV. These certifications certified the firm’s commitment to comply with the most stringent international standards in supporting data integrity and client confidentiality.\n“We delivered another strong performance in Q1 with the highest ever funded account additions of 117K during the quarter. We are proud to now serve a diverse and sophisticated base of 376K investors. In Q1, more than half of new clients came from international markets, demonstrating our global expansion strategy is proceeding nicely. The Singapore market delivered phenomenal customer growth, serving as a testament to the relevance of our product offering and the opportunity in the retail brokerage market,” stated Mr. Wu Tianhua, CEO of UP Fintech. “We are off to a strong start in 2021 with record new accounts and client balances. Looking ahead, we will continue to expand our product portfolio and enhance our one-stop trading platform to meet investor preferences.”\nSafe Harbor Statement\nThis announcement contains forward-looking statements. These statements are made under the “safe harbor” provisions of the U.S. Private Securities Litigation Reform Act of 1995. These forward-looking statements can be identified by terminology such as “will,” “expects,” “anticipates,” “future,” “intends,” “plans,” “believes,” “estimates” and similar statements. Among other statements, the business outlook and quotations from management in this announcement, as well as the Company’s strategic and operational plans, contain forward-looking statements. The Company may also make written or oral forward-looking statements in its periodic reports to the U.S. Securities and Exchange Commission (“SEC”) on Forms 20-F and 6-K, in its annual report to shareholders, in press releases and other written materials and in oral statements made by its officers, directors or employees to third parties. Statements that are not historical facts, including statements about the Company’s beliefs and expectations, are forward-looking statements. Forward-looking statements involve inherent risks and uncertainties. A number of factors could cause actual results to differ materially from those contained in any forward-looking statement, including but not limited to the following: the Company’s growth strategies; trends and competition in global financial markets; the effects of the global COVID-19 pandemic; and governmental policies relating to the Company’s industry and general economic conditions in China and other countries. Further information regarding these and other risks is included in the Company’s filings with the SEC. All information provided in this press release and in the attachments is as of the date of this press release, and the Company undertakes no obligation to update any forward-looking statement, except as required under applicable law.","news_type":1,"symbols_score_info":{"TIGR":0.9}},"isVote":1,"tweetType":1,"viewCount":571,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":130312131,"gmtCreate":1621512254623,"gmtModify":1704358822094,"author":{"id":"3571782327892977","authorId":"3571782327892977","name":"VincentYeo","avatar":"https://static.tigerbbs.com/304c3897d2ddafdd707517fbd4c7a86d","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3571782327892977","idStr":"3571782327892977"},"themes":[],"htmlText":"Peep","listText":"Peep","text":"Peep","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/130312131","repostId":"2136694655","repostType":4,"isVote":1,"tweetType":1,"viewCount":620,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":193581542,"gmtCreate":1620799652986,"gmtModify":1704348597595,"author":{"id":"3571782327892977","authorId":"3571782327892977","name":"VincentYeo","avatar":"https://static.tigerbbs.com/304c3897d2ddafdd707517fbd4c7a86d","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3571782327892977","idStr":"3571782327892977"},"themes":[],"htmlText":"Why","listText":"Why","text":"Why","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/193581542","repostId":"2134698127","repostType":4,"isVote":1,"tweetType":1,"viewCount":330,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":104934812,"gmtCreate":1620349144036,"gmtModify":1704342316058,"author":{"id":"3571782327892977","authorId":"3571782327892977","name":"VincentYeo","avatar":"https://static.tigerbbs.com/304c3897d2ddafdd707517fbd4c7a86d","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3571782327892977","idStr":"3571782327892977"},"themes":[],"htmlText":"Wowowo","listText":"Wowowo","text":"Wowowo","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/104934812","repostId":"1186778449","repostType":4,"repost":{"id":"1186778449","kind":"news","pubTimestamp":1620341777,"share":"https://ttm.financial/m/news/1186778449?lang=en_US&edition=fundamental","pubTime":"2021-05-07 06:56","market":"us","language":"en","title":"Dow closes at record high after upbeat jobless claims report","url":"https://stock-news.laohu8.com/highlight/detail?id=1186778449","media":"Reuters","summary":"The Dow Jones Industrial Averageclosed at a record high on Thursday, bolstered by an upbeat weekly jobless claims report, while shares of vaccine makers dipped after U.S. President Joe Biden backed plans to waive patents on COVID-19 shots.Lifted by $Apple$ Inc, the S&P 500 rose after a Labor Department report showed initial claims for state unemployment benefits totaled a seasonally adjusted 498,000 for the week ended May 1, compared with 590,000 in the prior week.$Investors$ were awaiting a mor","content":"<p>The Dow Jones Industrial Average(.DJI)closed at a record high on Thursday, bolstered by an upbeat weekly jobless claims report, while shares of vaccine makers dipped after U.S. President Joe Biden backed plans to waive patents on COVID-19 shots.</p><p>Lifted by <a href=\"https://laohu8.com/S/AAPL\">Apple</a> Inc(AAPL.O), the S&amp;P 500 rose after a Labor Department report showed initial claims for state unemployment benefits totaled a seasonally adjusted 498,000 for the week ended May 1, compared with 590,000 in the prior week.</p><p><a href=\"https://laohu8.com/S/ISBC\">Investors</a> were awaiting a more comprehensive non-farm payrolls report on Friday for clues on the strength of the labor market and potentially the U.S. Federal Reserve's stance on monetary policy.</p><p>\"Investors are encouraged by the low-interest rates and the stimulus that the government is putting into the economy. We're also seeing substantial increases in economic projections and earnings forecasts,\" said Sam Stovall, chief investment strategist at CFRA Research.</p><p>Pharmaceutical companies dropped after the White House said Biden made the decision to back a proposed waiver for COVID-19 vaccine intellectual property rights.</p><p>Shares in <a href=\"https://laohu8.com/S/PFE\">Pfizer</a> Inc(PFE.N), Moderna Inc(MRNA.O)and <a href=\"https://laohu8.com/S/NVAX\">Novavax</a> Inc(NVAX.O), all involved in the making of COVID-19 vaccines, fell. <a href=\"https://laohu8.com/S/00179\">Johnson</a> &amp; Johnson(JNJ.N)was near unchanged.</p><p>The S&amp;P 500 healthcare sector index(.SPXHC)slipped, while the <a href=\"https://laohu8.com/S/NDAQ\">Nasdaq</a> biotechnology index &lt;.NBI&gt; also dropped.</p><p>Moderna's shares cut some losses after it said countries around the globe would continue buying its COVID-19 vaccine for years even if patents on the shots are waived.</p><p>The S&amp;P 500 financials index(.SPSY)was among the top performers.</p><p>\"One sector we are seeing a lot of opportunities in is the financial sector. We see it as <a href=\"https://laohu8.com/S/AONE\">one</a> that should benefit from higher interest rates and a stronger economic recovery,\" said Ann Guntli, portfolio manager at Chicago-based RMB Capital.</p><p><a href=\"https://laohu8.com/S/MSFT\">Microsoft</a> Corp(MSFT.O), Apple(AAPL.O)and <a href=\"https://laohu8.com/S/AMZN\">Amazon.com</a> Incwere up under 1% for most of the session.</p><p>Unofficially, the Dow Jones Industrial Average(.DJI)rose 0.92% to end at 34,545.11 points, while the S&amp;P 500(.SPX)gained 0.82% to 4,201.58.</p><p>The Nasdaq Composite(.IXIC)climbed 0.37% to 13,632.84.</p><p><a href=\"https://laohu8.com/S/COST\">Costco</a> Wholesale(COST.O)jumped after the retailer said late on Wednesday that its April sales surged 33.5%. That rally helped push the S&amp;P 500 consumers staple index higher.</p><p><a href=\"https://laohu8.com/S/REGN\">Regeneron Pharmaceuticals</a> Inc(REGN.O)rose after the drugmaker reported a better-than-expected quarterly profit and said it expected demand for its COVID-19 antibody therapy to hold up.</p><p><a href=\"https://laohu8.com/S/UBER\">Uber</a> Technologies Inc(UBER.N)tumbled after it signaled it would pay drivers more to get cars back on the road as the pandemic recedes, and disclosed a $600 million charge to provide UK drivers with benefits.</p><p><a href=\"https://laohu8.com/NW/1123939866\" target=\"_blank\"><a href=\"https://laohu8.com/S/SQ\">Square</a> gets a bitcoin boost with revenue up 266%</a></p><p><a href=\"https://laohu8.com/NW/1159007289\" target=\"_blank\">Beyond Meat swings to a loss as grocery sales growth slows</a></p><p><a href=\"https://laohu8.com/NW/1170281328\" target=\"_blank\">Roku Q1 Active Account Growth Slows, Revenue Booms 79%</a></p><p><a href=\"https://laohu8.com/NW/1131126697\" target=\"_blank\">Peloton Crushes Forecasts But Cuts <a href=\"https://laohu8.com/S/GUID\">Guidance</a> Amid Treadmill Recall</a></p><p><a href=\"https://laohu8.com/NW/2133576548\" target=\"_blank\">AMC Chain Posts $567.2 Million Loss as Film Fans Trickle Back</a></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\">\nDow closes at record high after upbeat jobless claims report\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-05-07 06:56 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.reuters.com/business/dow-closes-record-high-after-upbeat-jobless-claims-report-2021-05-06/><strong>Reuters</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>The Dow Jones Industrial Average(.DJI)closed at a record high on Thursday, bolstered by an upbeat weekly jobless claims report, while shares of vaccine makers dipped after U.S. President Joe Biden ...</p>\n\n<a href=\"https://www.reuters.com/business/dow-closes-record-high-after-upbeat-jobless-claims-report-2021-05-06/\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BYND":"Beyond Meat, Inc.","AAPL":"苹果","MSFT":"微软",".DJI":"道琼斯","UBER":"优步",".IXIC":"NASDAQ Composite","REGN":"再生元制药公司",".SPX":"S&P 500 Index","NVAX":"诺瓦瓦克斯医药","COST":"好市多","PFE":"辉瑞","MRNA":"Moderna, Inc.","ROKU":"Roku Inc","PTON":"Peloton Interactive, Inc.","JNJ":"强生"},"source_url":"https://www.reuters.com/business/dow-closes-record-high-after-upbeat-jobless-claims-report-2021-05-06/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1186778449","content_text":"The Dow Jones Industrial Average(.DJI)closed at a record high on Thursday, bolstered by an upbeat weekly jobless claims report, while shares of vaccine makers dipped after U.S. President Joe Biden backed plans to waive patents on COVID-19 shots.Lifted by Apple Inc(AAPL.O), the S&P 500 rose after a Labor Department report showed initial claims for state unemployment benefits totaled a seasonally adjusted 498,000 for the week ended May 1, compared with 590,000 in the prior week.Investors were awaiting a more comprehensive non-farm payrolls report on Friday for clues on the strength of the labor market and potentially the U.S. Federal Reserve's stance on monetary policy.\"Investors are encouraged by the low-interest rates and the stimulus that the government is putting into the economy. We're also seeing substantial increases in economic projections and earnings forecasts,\" said Sam Stovall, chief investment strategist at CFRA Research.Pharmaceutical companies dropped after the White House said Biden made the decision to back a proposed waiver for COVID-19 vaccine intellectual property rights.Shares in Pfizer Inc(PFE.N), Moderna Inc(MRNA.O)and Novavax Inc(NVAX.O), all involved in the making of COVID-19 vaccines, fell. Johnson & Johnson(JNJ.N)was near unchanged.The S&P 500 healthcare sector index(.SPXHC)slipped, while the Nasdaq biotechnology index <.NBI> also dropped.Moderna's shares cut some losses after it said countries around the globe would continue buying its COVID-19 vaccine for years even if patents on the shots are waived.The S&P 500 financials index(.SPSY)was among the top performers.\"One sector we are seeing a lot of opportunities in is the financial sector. We see it as one that should benefit from higher interest rates and a stronger economic recovery,\" said Ann Guntli, portfolio manager at Chicago-based RMB Capital.Microsoft Corp(MSFT.O), Apple(AAPL.O)and Amazon.com Incwere up under 1% for most of the session.Unofficially, the Dow Jones Industrial Average(.DJI)rose 0.92% to end at 34,545.11 points, while the S&P 500(.SPX)gained 0.82% to 4,201.58.The Nasdaq Composite(.IXIC)climbed 0.37% to 13,632.84.Costco Wholesale(COST.O)jumped after the retailer said late on Wednesday that its April sales surged 33.5%. That rally helped push the S&P 500 consumers staple index higher.Regeneron Pharmaceuticals Inc(REGN.O)rose after the drugmaker reported a better-than-expected quarterly profit and said it expected demand for its COVID-19 antibody therapy to hold up.Uber Technologies Inc(UBER.N)tumbled after it signaled it would pay drivers more to get cars back on the road as the pandemic recedes, and disclosed a $600 million charge to provide UK drivers with benefits.Square gets a bitcoin boost with revenue up 266%Beyond Meat swings to a loss as grocery sales growth slowsRoku Q1 Active Account Growth Slows, Revenue Booms 79%Peloton Crushes Forecasts But Cuts Guidance Amid Treadmill RecallAMC Chain Posts $567.2 Million Loss as Film Fans Trickle Back","news_type":1,"symbols_score_info":{"UBER":0.9,"ROKU":0.9,".DJI":0.9,"NVAX":0.9,"SPSY":0.9,"PFE":0.9,".IXIC":0.9,"BYND":0.9,"REGN":0.9,"COST":0.9,"SQ":0.9,"AAPL":0.9,"JNJ":0.9,"MRNA":0.9,".SPX":0.9,"MSFT":0.9,"PTON":0.9}},"isVote":1,"tweetType":1,"viewCount":515,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"lives":[]}