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2021-06-23

Nice

What Does The Future Of Investing Look Like?

2021-06-19

Cool

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2021-06-19

100000

2021-06-15

Nice! Like my comments please

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2021-06-15

SQUEEZE

2021-06-13

Wow!!

How oil soaring to $100 a barrel could be bad for this boom-bust sector and the economy

2021-06-13

Nice article!

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2021-06-03

Buy buy buy !

Here's Why Sundial Growers, Tilray, and Other Cannabis Stocks Soared Today

Go to Tiger App to see more news

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16:23","market":"us","language":"en","title":"What Does The Future Of Investing Look Like?","url":"https://stock-news.laohu8.com/highlight/detail?id=1199540442","media":"Investing","summary":"A trend has the investment community buzzing with excitement, with talk about it reimagining how inv","content":"<p>A trend has the investment community buzzing with excitement, with talk about it reimagining how investors evaluate positions: ESG—Environmental, Social, and Corporate Governance.</p>\n<p>But what is ESG? Is it a marketing gimmick, or a fundamentally based investment strategy?</p>\n<p>Moreover, is ESG something that an average investor should take notice of and incorporate into their portfolios for the long term?</p>\n<p>Let's take a look at the development of ESG, its current outlook, including the challenges it must overcome and the potential opportunities it presents.</p>\n<p><img src=\"https://static.tigerbbs.com/b062b228d872487fb8094c2927dcd609\" tg-width=\"540\" tg-height=\"277\" referrerpolicy=\"no-referrer\">3 Components Of ESG</p>\n<p><i>Source:Invesco.</i></p>\n<p>Environmental, Social, and Corporate Governance is often used as a catch-all term for sustainable investing (see above graphic). ESG takes these three factors and incorporates them into asset evaluations.</p>\n<p>Specifically, ESG uses these factors to better identify risks and opportunities of assets that may be disregarded by traditional valuation metrics and processes.</p>\n<p>The Environmental portion of ESG gauges an asset’s impact on the environment. This can include concerns about carbon emissions produced, water or waste management practices, impact on deforestation or biodiversity, energy efficiency, to name just a few.</p>\n<p>The Social portion of ESG evaluates an asset’s business relationships. This can include diversity (such as gender and ethnicity), animal welfare practices, consumer protection practices, labor standards, data protection standards, respecting religious beliefs, employee health standards, and impact on local communities, among other concerns.</p>\n<p>The Governance portion of ESG explores how a company is run. This can include considerations such as business ethics, anti-competitive behavior, corruption, tax evasion, management structure, executive compensation, employee compensation, lobbying practices, and transparency to stakeholders.</p>\n<p>After understanding what ESG takes into account one might be left wondering: which factor (Environmental, Social, or Governance) is most important? To this question, there is no easy answer for a variety of reasons.</p>\n<p>Firstly, when evaluating each factor (Environmental, Social, or Governance) there is a high level of subjectivity. For example: when evaluating a company’s environmental impact one fund manager may focus solely on carbon emissions, while another may focus instead on water use, waste disposal practices, impact on deforestation, and more.</p>\n<p>Depending on what one investor (or manager) believes should be taken into account for each ESG factor will change how companies are evaluated.</p>\n<p>Secondly, even if all ESG investors agreed on what concerns should make up each ESG factor, there would still be wide disagreement regarding which concerns should take precedence.</p>\n<p>Suppose for ESG’s Social factor all investors agreed that companies should be evaluated on diversity, labor standards, and animal welfare practices. Leaving aside the fact that there are many ways to evaluate a company’s diversity, labor standards, and animal welfare practices, should each of these concerns be given a 1/3 weight? Or are they important to varying degrees?</p>\n<p>These questions can only be answered by an individual depending on their own preferences.</p>\n<p>Thirdly, each investor (or manager) must decide how important Environmental, Social, and Governance factors are in relation to one another. Perhaps the three categories each carry equal weight. Or perhaps one is most important, diminishing the impact of the other factors.</p>\n<p>No matter what, there is no simple solution to each one of these three dilemmas.</p>\n<p>As exhibited in the above paragraph, ESG is an inherently subjective, and thus qualitative, strategy. This can be well illustrated by the fact that there is no standardized methodology for evaluating ESG metrics of companies.</p>\n<p>Proponents of ESG will (correctly) point out that steps have been made to better formalize processes for evaluating ESG standards. However, much work still needs to be done in this area to truly allow ESG to become mainstream.</p>\n<p>ESG is not simply an attempt to “do good” while investing. It is a strategy designed to outperform the market. An ESG strategy believes that the environmental impact, social practices, and governance of a company will actually have major impacts on the performance of a company long term.</p>\n<p>So, ESG ties previously assumed nonfinancial concerns with the valuation of a company. ESG is often mistaken for other investment philosophies such as Socially Responsible Investing (SRI). The major difference between ESG and SRI is that SRI simply eliminates companies that do not align with a certain set of values (such as avoiding owningoiland tobacco companies due to ethical concerns).</p>\n<p>On the other hand, ESG attempts to identify opportunities presented by a company’s environmental, social, and governance practices (missed by traditional valuation metrics) which provide value to investors and avoid companies that pose large risks (in other words ESG does not merely support a certain set of values).</p>\n<p><img src=\"https://static.tigerbbs.com/bde203567e4fe3beb4aa4ca94000a86e\" tg-width=\"936\" tg-height=\"754\" referrerpolicy=\"no-referrer\">Sustainable Investing in the U.S. Over Time</p>\n<p><i>Source:U.S. SIF Foundation</i></p>\n<p>ESG’s credibility has been bolstered by massive inflows into funds focused on ESG strategies. Funds that use ESG methodologies hold one-third of all assets under management in America, or about$17 Trillion(see above graphic). Globally, this figure is much greater, at about$37.8 Trillion.</p>\n<p>ESG funds globally are expected to continue to grow to about $53 Trillion by 2025, following historical 15% growth rates. The impressive performance of ESG also adds to its notoriety.</p>\n<p>From the period March 2020-March 2021,73% of ESG fundshave outperformed theS&amp;P 500, many by substantial margins. This is in large part due to ESG funds’ significant holdings oftechnologystocks that have seen large rises due to COVID.</p>\n<p>In many ways, ESG funds often resemble quality factor funds. More broadly, the largest ESG ETF, iShares ESG Aware MSCI USA ETF (NASDAQ:ESGU), which has nearly $18 Billion in assets under management, has outperformed the S&amp;P 500 over a 3 year period, offering a 19.1% annualized return, compared to the S&amp;P 500’s roughly 18% annualized return.</p>\n<p>Whether or not this outperformance will continue, though, is anyone’s guess.</p>\n<p>Empowering investors to invest while honoring their values without sacrificing returns is what ESG is all about. It has taken off in recent years and seems destined only to gain more and more widespread adoption.</p>\n<p>ESG faces many challenges and skeptics. To successfully take on these impediments, ESG methodology standards must become more transparent and formalized. After all, the whole point of ESG investing is to allow investors to control where their money goes, and guide it to companies that provide unique opportunities and align with ESG values.</p>\n<p>Funds that bill themselves as ESG friendly must be able to ensure that the companies they invest in truly uphold the values they profess. I expect the ESG revolution to accelerate to even greater heights over the coming years.</p>\n<p>The future will be a more green, equitable, and transparent one, and ESG is simply allowing investors to embrace this reality.</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>What Does The Future Of Investing Look Like?</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\">\nWhat Does The Future Of Investing Look Like?\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-23 16:23 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.investing.com/analysis/what-does-the-future-of-investing-look-like-200587721><strong>Investing</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>A trend has the investment community buzzing with excitement, with talk about it reimagining how investors evaluate positions: ESG—Environmental, Social, and Corporate Governance.\nBut what is ESG? Is ...</p>\n\n<a href=\"https://www.investing.com/analysis/what-does-the-future-of-investing-look-like-200587721\">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",".SPX":"S&P 500 Index",".DJI":"道琼斯","SPY":"标普500ETF"},"source_url":"https://www.investing.com/analysis/what-does-the-future-of-investing-look-like-200587721","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1199540442","content_text":"A trend has the investment community buzzing with excitement, with talk about it reimagining how investors evaluate positions: ESG—Environmental, Social, and Corporate Governance.\nBut what is ESG? Is it a marketing gimmick, or a fundamentally based investment strategy?\nMoreover, is ESG something that an average investor should take notice of and incorporate into their portfolios for the long term?\nLet's take a look at the development of ESG, its current outlook, including the challenges it must overcome and the potential opportunities it presents.\n3 Components Of ESG\nSource:Invesco.\nEnvironmental, Social, and Corporate Governance is often used as a catch-all term for sustainable investing (see above graphic). ESG takes these three factors and incorporates them into asset evaluations.\nSpecifically, ESG uses these factors to better identify risks and opportunities of assets that may be disregarded by traditional valuation metrics and processes.\nThe Environmental portion of ESG gauges an asset’s impact on the environment. This can include concerns about carbon emissions produced, water or waste management practices, impact on deforestation or biodiversity, energy efficiency, to name just a few.\nThe Social portion of ESG evaluates an asset’s business relationships. This can include diversity (such as gender and ethnicity), animal welfare practices, consumer protection practices, labor standards, data protection standards, respecting religious beliefs, employee health standards, and impact on local communities, among other concerns.\nThe Governance portion of ESG explores how a company is run. This can include considerations such as business ethics, anti-competitive behavior, corruption, tax evasion, management structure, executive compensation, employee compensation, lobbying practices, and transparency to stakeholders.\nAfter understanding what ESG takes into account one might be left wondering: which factor (Environmental, Social, or Governance) is most important? To this question, there is no easy answer for a variety of reasons.\nFirstly, when evaluating each factor (Environmental, Social, or Governance) there is a high level of subjectivity. For example: when evaluating a company’s environmental impact one fund manager may focus solely on carbon emissions, while another may focus instead on water use, waste disposal practices, impact on deforestation, and more.\nDepending on what one investor (or manager) believes should be taken into account for each ESG factor will change how companies are evaluated.\nSecondly, even if all ESG investors agreed on what concerns should make up each ESG factor, there would still be wide disagreement regarding which concerns should take precedence.\nSuppose for ESG’s Social factor all investors agreed that companies should be evaluated on diversity, labor standards, and animal welfare practices. Leaving aside the fact that there are many ways to evaluate a company’s diversity, labor standards, and animal welfare practices, should each of these concerns be given a 1/3 weight? Or are they important to varying degrees?\nThese questions can only be answered by an individual depending on their own preferences.\nThirdly, each investor (or manager) must decide how important Environmental, Social, and Governance factors are in relation to one another. Perhaps the three categories each carry equal weight. Or perhaps one is most important, diminishing the impact of the other factors.\nNo matter what, there is no simple solution to each one of these three dilemmas.\nAs exhibited in the above paragraph, ESG is an inherently subjective, and thus qualitative, strategy. This can be well illustrated by the fact that there is no standardized methodology for evaluating ESG metrics of companies.\nProponents of ESG will (correctly) point out that steps have been made to better formalize processes for evaluating ESG standards. However, much work still needs to be done in this area to truly allow ESG to become mainstream.\nESG is not simply an attempt to “do good” while investing. It is a strategy designed to outperform the market. An ESG strategy believes that the environmental impact, social practices, and governance of a company will actually have major impacts on the performance of a company long term.\nSo, ESG ties previously assumed nonfinancial concerns with the valuation of a company. ESG is often mistaken for other investment philosophies such as Socially Responsible Investing (SRI). The major difference between ESG and SRI is that SRI simply eliminates companies that do not align with a certain set of values (such as avoiding owningoiland tobacco companies due to ethical concerns).\nOn the other hand, ESG attempts to identify opportunities presented by a company’s environmental, social, and governance practices (missed by traditional valuation metrics) which provide value to investors and avoid companies that pose large risks (in other words ESG does not merely support a certain set of values).\nSustainable Investing in the U.S. Over Time\nSource:U.S. SIF Foundation\nESG’s credibility has been bolstered by massive inflows into funds focused on ESG strategies. Funds that use ESG methodologies hold one-third of all assets under management in America, or about$17 Trillion(see above graphic). Globally, this figure is much greater, at about$37.8 Trillion.\nESG funds globally are expected to continue to grow to about $53 Trillion by 2025, following historical 15% growth rates. The impressive performance of ESG also adds to its notoriety.\nFrom the period March 2020-March 2021,73% of ESG fundshave outperformed theS&P 500, many by substantial margins. This is in large part due to ESG funds’ significant holdings oftechnologystocks that have seen large rises due to COVID.\nIn many ways, ESG funds often resemble quality factor funds. More broadly, the largest ESG ETF, iShares ESG Aware MSCI USA ETF (NASDAQ:ESGU), which has nearly $18 Billion in assets under management, has outperformed the S&P 500 over a 3 year period, offering a 19.1% annualized return, compared to the S&P 500’s roughly 18% annualized return.\nWhether or not this outperformance will continue, though, is anyone’s guess.\nEmpowering investors to invest while honoring their values without sacrificing returns is what ESG is all about. It has taken off in recent years and seems destined only to gain more and more widespread adoption.\nESG faces many challenges and skeptics. To successfully take on these impediments, ESG methodology standards must become more transparent and formalized. After all, the whole point of ESG investing is to allow investors to control where their money goes, and guide it to companies that provide unique opportunities and align with ESG values.\nFunds that bill themselves as ESG friendly must be able to ensure that the companies they invest in truly uphold the values they profess. I expect the ESG revolution to accelerate to even greater heights over the coming years.\nThe future will be a more green, equitable, and transparent one, and ESG is simply allowing investors to embrace this reality.","news_type":1,"symbols_score_info":{"SPY":0.9,".DJI":0.9,".IXIC":0.9,".SPX":0.9}},"isVote":1,"tweetType":1,"viewCount":2198,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":162951650,"gmtCreate":1624032467370,"gmtModify":1703827260395,"author":{"id":"3574742048828447","authorId":"3574742048828447","name":"wsbcn","avatar":"https://static.tigerbbs.com/aaa1f1301e4ec51cc1d06db4d25334ea","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3574742048828447","authorIdStr":"3574742048828447"},"themes":[],"htmlText":"Cool","listText":"Cool","text":"Cool","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/162951650","repostId":"1103331073","repostType":4,"isVote":1,"tweetType":1,"viewCount":2298,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":162953856,"gmtCreate":1624032444875,"gmtModify":1703827258456,"author":{"id":"3574742048828447","authorId":"3574742048828447","name":"wsbcn","avatar":"https://static.tigerbbs.com/aaa1f1301e4ec51cc1d06db4d25334ea","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3574742048828447","authorIdStr":"3574742048828447"},"themes":[],"htmlText":"100000","listText":"100000","text":"100000","images":[{"img":"https://static.tigerbbs.com/d2c16c9de15bff3a5c981f1e46770757","width":"750","height":"2260"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/162953856","isVote":1,"tweetType":1,"viewCount":2327,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":187320492,"gmtCreate":1623742370316,"gmtModify":1704210115713,"author":{"id":"3574742048828447","authorId":"3574742048828447","name":"wsbcn","avatar":"https://static.tigerbbs.com/aaa1f1301e4ec51cc1d06db4d25334ea","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3574742048828447","authorIdStr":"3574742048828447"},"themes":[],"htmlText":"Nice! Like my comments please","listText":"Nice! Like my comments please","text":"Nice! Like my comments please","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/187320492","repostId":"2143178756","repostType":4,"isVote":1,"tweetType":1,"viewCount":2810,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":187320327,"gmtCreate":1623742341669,"gmtModify":1704210114580,"author":{"id":"3574742048828447","authorId":"3574742048828447","name":"wsbcn","avatar":"https://static.tigerbbs.com/aaa1f1301e4ec51cc1d06db4d25334ea","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3574742048828447","authorIdStr":"3574742048828447"},"themes":[],"htmlText":"SQUEEZE","listText":"SQUEEZE","text":"SQUEEZE","images":[{"img":"https://static.tigerbbs.com/f245350f1a8307901b53f6d093785616","width":"750","height":"2330"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/187320327","isVote":1,"tweetType":1,"viewCount":1629,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":182502484,"gmtCreate":1623585240648,"gmtModify":1704206619483,"author":{"id":"3574742048828447","authorId":"3574742048828447","name":"wsbcn","avatar":"https://static.tigerbbs.com/aaa1f1301e4ec51cc1d06db4d25334ea","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3574742048828447","authorIdStr":"3574742048828447"},"themes":[],"htmlText":"Wow!!","listText":"Wow!!","text":"Wow!!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/182502484","repostId":"2142744202","repostType":4,"repost":{"id":"2142744202","kind":"highlight","weMediaInfo":{"introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"media_name":"Dow Jones","id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"pubTimestamp":1623452760,"share":"https://ttm.financial/m/news/2142744202?lang=en_US&edition=fundamental","pubTime":"2021-06-12 07:06","market":"hk","language":"en","title":"How oil soaring to $100 a barrel could be bad for this boom-bust sector and the economy","url":"https://stock-news.laohu8.com/highlight/detail?id=2142744202","media":"Dow Jones","summary":"If demand returns to 100 million barrels a day, 'that feels very ominous to me,' debt pro warns.\n\nOi","content":"<blockquote>\n If demand returns to 100 million barrels a day, 'that feels very ominous to me,' debt pro warns.\n</blockquote>\n<p>Oil companies often find religion in the wake of a boom-and-bust cycle, including after last year when crude prices crashed into negative territory for the first time on record.</p>\n<p>But with oil prices recently back near $70 a barrel, and some analysts speculating on the return to $100 during the COVID recovery, investors fear wildcatting and other risky financial behavior by energy companies will make a comeback.</p>\n<p>\"We lost a lot of our weakest companies,\" Andrew Feltus, co-director of high-yield at Amundi US, said of the ripple effects of oil futures going negative in April 2020 as demand collapsed with the first waves of COVID outbreaks and oil-producing giants Saudi Arabia and Russia waged an ugly price war.</p>\n<p>\"No <a href=\"https://laohu8.com/S/AONE\">one</a> can exist in that type of situation for long,\" Feltus told MarketWatch. \"If you don't have enough money to survive, you are gone.\"</p>\n<p>Company executives took those lessons for the U.S. energy complex to heart after pandemic shutdowns depressed oil demand and, for a period, led to higher borrowing costs in the sector. It also led to greater prudence.</p>\n<p>But there's no telling how long the latest stretch of \"good\" energy company behavior -- actions preferred by their risk-wary lenders and investors -- will last. That's particularly true if prices shoot dramatically higher and breach $100 a barrel.</p>\n<p>As Feltus said, \"$50 oil is the price we want. $70 is just gravy. With $100 oil, they will be dancing in the streets of Dallas.\"</p>\n<p>Prices for U.S. benchmark West Texas Intermediate crude for July delivery were near $70.75 a barrel on the New York Mercantile Exchange on Friday and headed for a weekly rise of about 1.7%.</p>\n<p>This chart tracks the plunge and recovery of WTI since April 2020, with the red line highlighting the stretch in which prices stayed below $40 a barrel.</p>\n<p><b>Keeping up?</b></p>\n<p>Prices saw a boost Friday from the International Energy Agency, which said global oil demand would return to pre-COVID-19 pandemic levels by the end of next year.</p>\n<p>IEA also forecast demand to reach 100.6 million barrels a day by the end of 2022, while indicating that producers will need to boost output to keep up with demand.</p>\n<p>The changing landscape for oil, including the increased focus by investors and the Biden administration on encouraging more environmentally sustainable practices, comes as a U.S. rig count has hovered at about half of pre-COVID levels, said Steve Repoff, portfolio manager at GW&amp;K Investment.</p>\n<p>Read:Climate-change pressure builds on Big Oil after activist wins Exxon board seats, court ruling hits Shell</p>\n<p>But that's not without its own set of concerns as vaccinations in the U.S. increase, demand for oil climbs and the economy opens more broadly, including over the summer. And the post-COVID travel season could turn costly for drivers.</p>\n<p>\"It seems these companies, for now, have demonstrated capital discipline, in a sector notorious for being unable to display capital discipline,\" Repoff told MarketWatch.</p>\n<p>\"But if we see demand of 100 million barrels a day return, that feels very ominous to me,\" he said, adding that it's unclear if U.S. producers will struggle to ramp up production.</p>\n<p>\"What if all the best shale, in aggregate, has been drilled already?\" Repoff said, while explaining how higher oil prices can be good for the oil industry, but also deflationary, even as the Federal Reserve expects the cost of living in America to overshoot its 2% inflation target for awhile during the recovery.</p>\n<p>\"When applied to the broader economy, it's effectively a tax on businesses and consumers, and at the systemwide level is ultimately deflationary,\" Repoff said of booming oil prices.</p>\n<p><b>$100 oil is a mixed blessing</b></p>\n<p>It took no time for COVID shutdowns to rattle the booming U.S. high-yield bond market last year, with defaults quickly jumping to a 10-year high of almost 5% and helping prompt the Fed to launch its first program ever of buying up corporate debt.</p>\n<p>Recently, as the sector has recovered, including with yields on the overall ICE BofA U.S. High Yield Index plunging near all-time lows of 4.1% , the Fed said it would sell its remaining corporate bond exposure.</p>\n<p>As a result, the so-called \"junk-bond\" market ended up with its highest-quality mix of companies by credit rating in at least a decade, but perhaps even 20 to 30 years, according to Feltus at Amundi, even while energy remains the sector's biggest exposure at about 13% of its benchmark high-yield index. That compares with a roughly 3% slice for energy in the S&amp;P 500 index, leaving investors in it grappling with swings in exposure.</p>\n<p>While energy has long been a key part of the U.S. high-yield market, oil booms haven't always been great over the long run for bond investors who help finance the sector.</p>\n<p>\"History says it depends on what else is going on in the market,\" said Marty Fridson, chief investment officer at Lehmann Livian Fridson Advisors, particularly when oil prices rise and fall around times of economic crisis.</p>\n<p>Starting in the summer of 2007, oil prices quickly advanced over eight months from $70.68 on June 29 to $101.84 on Feb. 29, 2008. But when Fridson looked at how the energy component fared over that stretch, it outperformed the ICE BofA US High Yield Index, returning 3.88% compared to negative 3.32%.</p>\n<p>Then, in the more protracted recovery phase, oil went from $70.61 on Sept. 30, 2009, to $96.07 on Feb. 28, 2011, while energy underperformed the index, 23.57% to 26.38%.</p>\n<p>Amundi's Feltus also pointed out that companies \"got religion for like six to 12 months of discipline,\" after each recent oil bust. \"This time breaks the record. But we can't let up the pressure.\"</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>How oil soaring to $100 a barrel could be bad for this boom-bust sector and the economy</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\">\nHow oil soaring to $100 a barrel could be bad for this boom-bust sector and the economy\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\">2021-06-12 07:06</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<blockquote>\n If demand returns to 100 million barrels a day, 'that feels very ominous to me,' debt pro warns.\n</blockquote>\n<p>Oil companies often find religion in the wake of a boom-and-bust cycle, including after last year when crude prices crashed into negative territory for the first time on record.</p>\n<p>But with oil prices recently back near $70 a barrel, and some analysts speculating on the return to $100 during the COVID recovery, investors fear wildcatting and other risky financial behavior by energy companies will make a comeback.</p>\n<p>\"We lost a lot of our weakest companies,\" Andrew Feltus, co-director of high-yield at Amundi US, said of the ripple effects of oil futures going negative in April 2020 as demand collapsed with the first waves of COVID outbreaks and oil-producing giants Saudi Arabia and Russia waged an ugly price war.</p>\n<p>\"No <a href=\"https://laohu8.com/S/AONE\">one</a> can exist in that type of situation for long,\" Feltus told MarketWatch. \"If you don't have enough money to survive, you are gone.\"</p>\n<p>Company executives took those lessons for the U.S. energy complex to heart after pandemic shutdowns depressed oil demand and, for a period, led to higher borrowing costs in the sector. It also led to greater prudence.</p>\n<p>But there's no telling how long the latest stretch of \"good\" energy company behavior -- actions preferred by their risk-wary lenders and investors -- will last. That's particularly true if prices shoot dramatically higher and breach $100 a barrel.</p>\n<p>As Feltus said, \"$50 oil is the price we want. $70 is just gravy. With $100 oil, they will be dancing in the streets of Dallas.\"</p>\n<p>Prices for U.S. benchmark West Texas Intermediate crude for July delivery were near $70.75 a barrel on the New York Mercantile Exchange on Friday and headed for a weekly rise of about 1.7%.</p>\n<p>This chart tracks the plunge and recovery of WTI since April 2020, with the red line highlighting the stretch in which prices stayed below $40 a barrel.</p>\n<p><b>Keeping up?</b></p>\n<p>Prices saw a boost Friday from the International Energy Agency, which said global oil demand would return to pre-COVID-19 pandemic levels by the end of next year.</p>\n<p>IEA also forecast demand to reach 100.6 million barrels a day by the end of 2022, while indicating that producers will need to boost output to keep up with demand.</p>\n<p>The changing landscape for oil, including the increased focus by investors and the Biden administration on encouraging more environmentally sustainable practices, comes as a U.S. rig count has hovered at about half of pre-COVID levels, said Steve Repoff, portfolio manager at GW&amp;K Investment.</p>\n<p>Read:Climate-change pressure builds on Big Oil after activist wins Exxon board seats, court ruling hits Shell</p>\n<p>But that's not without its own set of concerns as vaccinations in the U.S. increase, demand for oil climbs and the economy opens more broadly, including over the summer. And the post-COVID travel season could turn costly for drivers.</p>\n<p>\"It seems these companies, for now, have demonstrated capital discipline, in a sector notorious for being unable to display capital discipline,\" Repoff told MarketWatch.</p>\n<p>\"But if we see demand of 100 million barrels a day return, that feels very ominous to me,\" he said, adding that it's unclear if U.S. producers will struggle to ramp up production.</p>\n<p>\"What if all the best shale, in aggregate, has been drilled already?\" Repoff said, while explaining how higher oil prices can be good for the oil industry, but also deflationary, even as the Federal Reserve expects the cost of living in America to overshoot its 2% inflation target for awhile during the recovery.</p>\n<p>\"When applied to the broader economy, it's effectively a tax on businesses and consumers, and at the systemwide level is ultimately deflationary,\" Repoff said of booming oil prices.</p>\n<p><b>$100 oil is a mixed blessing</b></p>\n<p>It took no time for COVID shutdowns to rattle the booming U.S. high-yield bond market last year, with defaults quickly jumping to a 10-year high of almost 5% and helping prompt the Fed to launch its first program ever of buying up corporate debt.</p>\n<p>Recently, as the sector has recovered, including with yields on the overall ICE BofA U.S. High Yield Index plunging near all-time lows of 4.1% , the Fed said it would sell its remaining corporate bond exposure.</p>\n<p>As a result, the so-called \"junk-bond\" market ended up with its highest-quality mix of companies by credit rating in at least a decade, but perhaps even 20 to 30 years, according to Feltus at Amundi, even while energy remains the sector's biggest exposure at about 13% of its benchmark high-yield index. That compares with a roughly 3% slice for energy in the S&amp;P 500 index, leaving investors in it grappling with swings in exposure.</p>\n<p>While energy has long been a key part of the U.S. high-yield market, oil booms haven't always been great over the long run for bond investors who help finance the sector.</p>\n<p>\"History says it depends on what else is going on in the market,\" said Marty Fridson, chief investment officer at Lehmann Livian Fridson Advisors, particularly when oil prices rise and fall around times of economic crisis.</p>\n<p>Starting in the summer of 2007, oil prices quickly advanced over eight months from $70.68 on June 29 to $101.84 on Feb. 29, 2008. But when Fridson looked at how the energy component fared over that stretch, it outperformed the ICE BofA US High Yield Index, returning 3.88% compared to negative 3.32%.</p>\n<p>Then, in the more protracted recovery phase, oil went from $70.61 on Sept. 30, 2009, to $96.07 on Feb. 28, 2011, while energy underperformed the index, 23.57% to 26.38%.</p>\n<p>Amundi's Feltus also pointed out that companies \"got religion for like six to 12 months of discipline,\" after each recent oil bust. \"This time breaks the record. But we can't let up the pressure.\"</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".DJI":"道琼斯",".IXIC":"NASDAQ Composite",".SPX":"S&P 500 Index","SPY":"标普500ETF"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2142744202","content_text":"If demand returns to 100 million barrels a day, 'that feels very ominous to me,' debt pro warns.\n\nOil companies often find religion in the wake of a boom-and-bust cycle, including after last year when crude prices crashed into negative territory for the first time on record.\nBut with oil prices recently back near $70 a barrel, and some analysts speculating on the return to $100 during the COVID recovery, investors fear wildcatting and other risky financial behavior by energy companies will make a comeback.\n\"We lost a lot of our weakest companies,\" Andrew Feltus, co-director of high-yield at Amundi US, said of the ripple effects of oil futures going negative in April 2020 as demand collapsed with the first waves of COVID outbreaks and oil-producing giants Saudi Arabia and Russia waged an ugly price war.\n\"No one can exist in that type of situation for long,\" Feltus told MarketWatch. \"If you don't have enough money to survive, you are gone.\"\nCompany executives took those lessons for the U.S. energy complex to heart after pandemic shutdowns depressed oil demand and, for a period, led to higher borrowing costs in the sector. It also led to greater prudence.\nBut there's no telling how long the latest stretch of \"good\" energy company behavior -- actions preferred by their risk-wary lenders and investors -- will last. That's particularly true if prices shoot dramatically higher and breach $100 a barrel.\nAs Feltus said, \"$50 oil is the price we want. $70 is just gravy. With $100 oil, they will be dancing in the streets of Dallas.\"\nPrices for U.S. benchmark West Texas Intermediate crude for July delivery were near $70.75 a barrel on the New York Mercantile Exchange on Friday and headed for a weekly rise of about 1.7%.\nThis chart tracks the plunge and recovery of WTI since April 2020, with the red line highlighting the stretch in which prices stayed below $40 a barrel.\nKeeping up?\nPrices saw a boost Friday from the International Energy Agency, which said global oil demand would return to pre-COVID-19 pandemic levels by the end of next year.\nIEA also forecast demand to reach 100.6 million barrels a day by the end of 2022, while indicating that producers will need to boost output to keep up with demand.\nThe changing landscape for oil, including the increased focus by investors and the Biden administration on encouraging more environmentally sustainable practices, comes as a U.S. rig count has hovered at about half of pre-COVID levels, said Steve Repoff, portfolio manager at GW&K Investment.\nRead:Climate-change pressure builds on Big Oil after activist wins Exxon board seats, court ruling hits Shell\nBut that's not without its own set of concerns as vaccinations in the U.S. increase, demand for oil climbs and the economy opens more broadly, including over the summer. And the post-COVID travel season could turn costly for drivers.\n\"It seems these companies, for now, have demonstrated capital discipline, in a sector notorious for being unable to display capital discipline,\" Repoff told MarketWatch.\n\"But if we see demand of 100 million barrels a day return, that feels very ominous to me,\" he said, adding that it's unclear if U.S. producers will struggle to ramp up production.\n\"What if all the best shale, in aggregate, has been drilled already?\" Repoff said, while explaining how higher oil prices can be good for the oil industry, but also deflationary, even as the Federal Reserve expects the cost of living in America to overshoot its 2% inflation target for awhile during the recovery.\n\"When applied to the broader economy, it's effectively a tax on businesses and consumers, and at the systemwide level is ultimately deflationary,\" Repoff said of booming oil prices.\n$100 oil is a mixed blessing\nIt took no time for COVID shutdowns to rattle the booming U.S. high-yield bond market last year, with defaults quickly jumping to a 10-year high of almost 5% and helping prompt the Fed to launch its first program ever of buying up corporate debt.\nRecently, as the sector has recovered, including with yields on the overall ICE BofA U.S. High Yield Index plunging near all-time lows of 4.1% , the Fed said it would sell its remaining corporate bond exposure.\nAs a result, the so-called \"junk-bond\" market ended up with its highest-quality mix of companies by credit rating in at least a decade, but perhaps even 20 to 30 years, according to Feltus at Amundi, even while energy remains the sector's biggest exposure at about 13% of its benchmark high-yield index. That compares with a roughly 3% slice for energy in the S&P 500 index, leaving investors in it grappling with swings in exposure.\nWhile energy has long been a key part of the U.S. high-yield market, oil booms haven't always been great over the long run for bond investors who help finance the sector.\n\"History says it depends on what else is going on in the market,\" said Marty Fridson, chief investment officer at Lehmann Livian Fridson Advisors, particularly when oil prices rise and fall around times of economic crisis.\nStarting in the summer of 2007, oil prices quickly advanced over eight months from $70.68 on June 29 to $101.84 on Feb. 29, 2008. But when Fridson looked at how the energy component fared over that stretch, it outperformed the ICE BofA US High Yield Index, returning 3.88% compared to negative 3.32%.\nThen, in the more protracted recovery phase, oil went from $70.61 on Sept. 30, 2009, to $96.07 on Feb. 28, 2011, while energy underperformed the index, 23.57% to 26.38%.\nAmundi's Feltus also pointed out that companies \"got religion for like six to 12 months of discipline,\" after each recent oil bust. \"This time breaks the record. But we can't let up the pressure.\"","news_type":1,"symbols_score_info":{".SPX":0.9,".IXIC":0.9,".DJI":0.9,"SPY":0.9}},"isVote":1,"tweetType":1,"viewCount":1763,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":182502618,"gmtCreate":1623585222434,"gmtModify":1704206619159,"author":{"id":"3574742048828447","authorId":"3574742048828447","name":"wsbcn","avatar":"https://static.tigerbbs.com/aaa1f1301e4ec51cc1d06db4d25334ea","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3574742048828447","authorIdStr":"3574742048828447"},"themes":[],"htmlText":"Nice article!","listText":"Nice article!","text":"Nice article!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/182502618","repostId":"1177806573","repostType":4,"isVote":1,"tweetType":1,"viewCount":1525,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":118916712,"gmtCreate":1622712571336,"gmtModify":1704189464553,"author":{"id":"3574742048828447","authorId":"3574742048828447","name":"wsbcn","avatar":"https://static.tigerbbs.com/aaa1f1301e4ec51cc1d06db4d25334ea","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3574742048828447","authorIdStr":"3574742048828447"},"themes":[],"htmlText":"Buy buy buy !","listText":"Buy buy buy !","text":"Buy buy buy !","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/118916712","repostId":"1128542350","repostType":4,"repost":{"id":"1128542350","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":1622710475,"share":"https://ttm.financial/m/news/1128542350?lang=en_US&edition=fundamental","pubTime":"2021-06-03 16:54","market":"us","language":"en","title":"Here's Why Sundial Growers, Tilray, and Other Cannabis Stocks Soared Today","url":"https://stock-news.laohu8.com/highlight/detail?id=1128542350","media":"Tiger Newspress","summary":"Major employers are signaling their growing support of marijuana reform.","content":"<p>Major employers are signaling their growing support of marijuana reform.</p><p><b>What happened</b></p><p>Cannabis companies received a boost after&nbsp;<b>Amazon</b>&nbsp;said it would support federal marijuana legalization efforts.<b>Sundial Growers,Tilray,Canopy Growth,Aurora Cannabis</b>&nbsp;and&nbsp;<b>Cronos&nbsp;</b>rose between 2% and 25%&nbsp;in premarket trading., respectively, on the news.</p><p><img src=\"https://static.tigerbbs.com/5ea74b81647fb2efe6bfb94092464ec7\" tg-width=\"378\" tg-height=\"367\" referrerpolicy=\"no-referrer\"></p><p><b>So what</b></p><p>Amazon executive Dave Clark said in a blog post that the e-commerce giant would support the Marijuana Opportunity Reinvestment and Expungement Act of 2021, or the MORE Act. This legislation seeks to decriminalizemarijuanaat the federal level and expunge cannabis-related criminal records. Amazon also called for other businesses to support the bill.</p><p>\"We hope that other employers will join us, and that policymakers will act swiftly to pass this law,\" Clark said.</p><p>Additionally, Amazon will no longer screen its employees for marijuana use, except for when it's required to do so by the Department of Transportation.</p><p>\"In the past, like many employers, we've disqualified people from working at Amazon if they tested positive for marijuana use,\" Clark said. \"However, given where state laws are moving across the U.S., we've changed course.\"</p><p><b>Now what</b></p><p>The news helped to drive the prices of many pot stocks higher on Wednesday. Investors are betting that cannabis reform could make it easier for marijuana producers to conduct business, as well as boost demand from recreational consumers.</p><p>Tilray and Sundial Growers are among those that stand to benefit. Tilray recently completed its merger with Aphria, which made it one of the industry's largest companies by revenue. Sundial, meanwhile, has raised hundreds of millions of dollars via stock offerings, which it has begun to deploy in an array of cannabis-focused investments.</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>Here's Why Sundial Growers, Tilray, and Other Cannabis Stocks Soared Today</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nHere's Why Sundial Growers, Tilray, and Other Cannabis Stocks Soared Today\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\">2021-06-03 16:54</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>Major employers are signaling their growing support of marijuana reform.</p><p><b>What happened</b></p><p>Cannabis companies received a boost after&nbsp;<b>Amazon</b>&nbsp;said it would support federal marijuana legalization efforts.<b>Sundial Growers,Tilray,Canopy Growth,Aurora Cannabis</b>&nbsp;and&nbsp;<b>Cronos&nbsp;</b>rose between 2% and 25%&nbsp;in premarket trading., respectively, on the news.</p><p><img src=\"https://static.tigerbbs.com/5ea74b81647fb2efe6bfb94092464ec7\" tg-width=\"378\" tg-height=\"367\" referrerpolicy=\"no-referrer\"></p><p><b>So what</b></p><p>Amazon executive Dave Clark said in a blog post that the e-commerce giant would support the Marijuana Opportunity Reinvestment and Expungement Act of 2021, or the MORE Act. This legislation seeks to decriminalizemarijuanaat the federal level and expunge cannabis-related criminal records. Amazon also called for other businesses to support the bill.</p><p>\"We hope that other employers will join us, and that policymakers will act swiftly to pass this law,\" Clark said.</p><p>Additionally, Amazon will no longer screen its employees for marijuana use, except for when it's required to do so by the Department of Transportation.</p><p>\"In the past, like many employers, we've disqualified people from working at Amazon if they tested positive for marijuana use,\" Clark said. \"However, given where state laws are moving across the U.S., we've changed course.\"</p><p><b>Now what</b></p><p>The news helped to drive the prices of many pot stocks higher on Wednesday. Investors are betting that cannabis reform could make it easier for marijuana producers to conduct business, as well as boost demand from recreational consumers.</p><p>Tilray and Sundial Growers are among those that stand to benefit. Tilray recently completed its merger with Aphria, which made it one of the industry's largest companies by revenue. Sundial, meanwhile, has raised hundreds of millions of dollars via stock offerings, which it has begun to deploy in an array of cannabis-focused investments.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"CGC":"Canopy Growth Corporation","CRON":"Cronos Group Inc.","TLRY":"Tilray Inc.","AMZN":"亚马逊","ACB":"奥罗拉大麻公司","MJ":"Amplify Alternative Harvest ETF","SNDL":"SNDL Inc."},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1128542350","content_text":"Major employers are signaling their growing support of marijuana reform.What happenedCannabis companies received a boost after Amazon said it would support federal marijuana legalization efforts.Sundial Growers,Tilray,Canopy Growth,Aurora Cannabis and Cronos rose between 2% and 25% in premarket trading., respectively, on the news.So whatAmazon executive Dave Clark said in a blog post that the e-commerce giant would support the Marijuana Opportunity Reinvestment and Expungement Act of 2021, or the MORE Act. This legislation seeks to decriminalizemarijuanaat the federal level and expunge cannabis-related criminal records. Amazon also called for other businesses to support the bill.\"We hope that other employers will join us, and that policymakers will act swiftly to pass this law,\" Clark said.Additionally, Amazon will no longer screen its employees for marijuana use, except for when it's required to do so by the Department of Transportation.\"In the past, like many employers, we've disqualified people from working at Amazon if they tested positive for marijuana use,\" Clark said. \"However, given where state laws are moving across the U.S., we've changed course.\"Now whatThe news helped to drive the prices of many pot stocks higher on Wednesday. Investors are betting that cannabis reform could make it easier for marijuana producers to conduct business, as well as boost demand from recreational consumers.Tilray and Sundial Growers are among those that stand to benefit. Tilray recently completed its merger with Aphria, which made it one of the industry's largest companies by revenue. Sundial, meanwhile, has raised hundreds of millions of dollars via stock offerings, which it has begun to deploy in an array of cannabis-focused investments.","news_type":1,"symbols_score_info":{"CRON":0.9,"TLRY":0.9,"CGC":0.9,"ACB":0.9,"AMZN":0.9,"MJ":0.9,"SNDL":0.9}},"isVote":1,"tweetType":1,"viewCount":2631,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"hots":[{"id":187320492,"gmtCreate":1623742370316,"gmtModify":1704210115713,"author":{"id":"3574742048828447","authorId":"3574742048828447","name":"wsbcn","avatar":"https://static.tigerbbs.com/aaa1f1301e4ec51cc1d06db4d25334ea","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3574742048828447","authorIdStr":"3574742048828447"},"themes":[],"htmlText":"Nice! Like my comments please","listText":"Nice! Like my comments please","text":"Nice! Like my comments please","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/187320492","repostId":"2143178756","repostType":4,"isVote":1,"tweetType":1,"viewCount":2810,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":118916712,"gmtCreate":1622712571336,"gmtModify":1704189464553,"author":{"id":"3574742048828447","authorId":"3574742048828447","name":"wsbcn","avatar":"https://static.tigerbbs.com/aaa1f1301e4ec51cc1d06db4d25334ea","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3574742048828447","authorIdStr":"3574742048828447"},"themes":[],"htmlText":"Buy buy buy !","listText":"Buy buy buy !","text":"Buy buy buy !","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/118916712","repostId":"1128542350","repostType":4,"repost":{"id":"1128542350","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":1622710475,"share":"https://ttm.financial/m/news/1128542350?lang=en_US&edition=fundamental","pubTime":"2021-06-03 16:54","market":"us","language":"en","title":"Here's Why Sundial Growers, Tilray, and Other Cannabis Stocks Soared Today","url":"https://stock-news.laohu8.com/highlight/detail?id=1128542350","media":"Tiger Newspress","summary":"Major employers are signaling their growing support of marijuana reform.","content":"<p>Major employers are signaling their growing support of marijuana reform.</p><p><b>What happened</b></p><p>Cannabis companies received a boost after&nbsp;<b>Amazon</b>&nbsp;said it would support federal marijuana legalization efforts.<b>Sundial Growers,Tilray,Canopy Growth,Aurora Cannabis</b>&nbsp;and&nbsp;<b>Cronos&nbsp;</b>rose between 2% and 25%&nbsp;in premarket trading., respectively, on the news.</p><p><img src=\"https://static.tigerbbs.com/5ea74b81647fb2efe6bfb94092464ec7\" tg-width=\"378\" tg-height=\"367\" referrerpolicy=\"no-referrer\"></p><p><b>So what</b></p><p>Amazon executive Dave Clark said in a blog post that the e-commerce giant would support the Marijuana Opportunity Reinvestment and Expungement Act of 2021, or the MORE Act. This legislation seeks to decriminalizemarijuanaat the federal level and expunge cannabis-related criminal records. Amazon also called for other businesses to support the bill.</p><p>\"We hope that other employers will join us, and that policymakers will act swiftly to pass this law,\" Clark said.</p><p>Additionally, Amazon will no longer screen its employees for marijuana use, except for when it's required to do so by the Department of Transportation.</p><p>\"In the past, like many employers, we've disqualified people from working at Amazon if they tested positive for marijuana use,\" Clark said. \"However, given where state laws are moving across the U.S., we've changed course.\"</p><p><b>Now what</b></p><p>The news helped to drive the prices of many pot stocks higher on Wednesday. Investors are betting that cannabis reform could make it easier for marijuana producers to conduct business, as well as boost demand from recreational consumers.</p><p>Tilray and Sundial Growers are among those that stand to benefit. Tilray recently completed its merger with Aphria, which made it one of the industry's largest companies by revenue. Sundial, meanwhile, has raised hundreds of millions of dollars via stock offerings, which it has begun to deploy in an array of cannabis-focused investments.</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>Here's Why Sundial Growers, Tilray, and Other Cannabis Stocks Soared Today</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nHere's Why Sundial Growers, Tilray, and Other Cannabis Stocks Soared Today\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\">2021-06-03 16:54</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>Major employers are signaling their growing support of marijuana reform.</p><p><b>What happened</b></p><p>Cannabis companies received a boost after&nbsp;<b>Amazon</b>&nbsp;said it would support federal marijuana legalization efforts.<b>Sundial Growers,Tilray,Canopy Growth,Aurora Cannabis</b>&nbsp;and&nbsp;<b>Cronos&nbsp;</b>rose between 2% and 25%&nbsp;in premarket trading., respectively, on the news.</p><p><img src=\"https://static.tigerbbs.com/5ea74b81647fb2efe6bfb94092464ec7\" tg-width=\"378\" tg-height=\"367\" referrerpolicy=\"no-referrer\"></p><p><b>So what</b></p><p>Amazon executive Dave Clark said in a blog post that the e-commerce giant would support the Marijuana Opportunity Reinvestment and Expungement Act of 2021, or the MORE Act. This legislation seeks to decriminalizemarijuanaat the federal level and expunge cannabis-related criminal records. Amazon also called for other businesses to support the bill.</p><p>\"We hope that other employers will join us, and that policymakers will act swiftly to pass this law,\" Clark said.</p><p>Additionally, Amazon will no longer screen its employees for marijuana use, except for when it's required to do so by the Department of Transportation.</p><p>\"In the past, like many employers, we've disqualified people from working at Amazon if they tested positive for marijuana use,\" Clark said. \"However, given where state laws are moving across the U.S., we've changed course.\"</p><p><b>Now what</b></p><p>The news helped to drive the prices of many pot stocks higher on Wednesday. Investors are betting that cannabis reform could make it easier for marijuana producers to conduct business, as well as boost demand from recreational consumers.</p><p>Tilray and Sundial Growers are among those that stand to benefit. Tilray recently completed its merger with Aphria, which made it one of the industry's largest companies by revenue. Sundial, meanwhile, has raised hundreds of millions of dollars via stock offerings, which it has begun to deploy in an array of cannabis-focused investments.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"CGC":"Canopy Growth Corporation","CRON":"Cronos Group Inc.","TLRY":"Tilray Inc.","AMZN":"亚马逊","ACB":"奥罗拉大麻公司","MJ":"Amplify Alternative Harvest ETF","SNDL":"SNDL Inc."},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1128542350","content_text":"Major employers are signaling their growing support of marijuana reform.What happenedCannabis companies received a boost after Amazon said it would support federal marijuana legalization efforts.Sundial Growers,Tilray,Canopy Growth,Aurora Cannabis and Cronos rose between 2% and 25% in premarket trading., respectively, on the news.So whatAmazon executive Dave Clark said in a blog post that the e-commerce giant would support the Marijuana Opportunity Reinvestment and Expungement Act of 2021, or the MORE Act. This legislation seeks to decriminalizemarijuanaat the federal level and expunge cannabis-related criminal records. Amazon also called for other businesses to support the bill.\"We hope that other employers will join us, and that policymakers will act swiftly to pass this law,\" Clark said.Additionally, Amazon will no longer screen its employees for marijuana use, except for when it's required to do so by the Department of Transportation.\"In the past, like many employers, we've disqualified people from working at Amazon if they tested positive for marijuana use,\" Clark said. \"However, given where state laws are moving across the U.S., we've changed course.\"Now whatThe news helped to drive the prices of many pot stocks higher on Wednesday. Investors are betting that cannabis reform could make it easier for marijuana producers to conduct business, as well as boost demand from recreational consumers.Tilray and Sundial Growers are among those that stand to benefit. Tilray recently completed its merger with Aphria, which made it one of the industry's largest companies by revenue. Sundial, meanwhile, has raised hundreds of millions of dollars via stock offerings, which it has begun to deploy in an array of cannabis-focused investments.","news_type":1,"symbols_score_info":{"CRON":0.9,"TLRY":0.9,"CGC":0.9,"ACB":0.9,"AMZN":0.9,"MJ":0.9,"SNDL":0.9}},"isVote":1,"tweetType":1,"viewCount":2631,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":162951650,"gmtCreate":1624032467370,"gmtModify":1703827260395,"author":{"id":"3574742048828447","authorId":"3574742048828447","name":"wsbcn","avatar":"https://static.tigerbbs.com/aaa1f1301e4ec51cc1d06db4d25334ea","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3574742048828447","authorIdStr":"3574742048828447"},"themes":[],"htmlText":"Cool","listText":"Cool","text":"Cool","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/162951650","repostId":"1103331073","repostType":4,"isVote":1,"tweetType":1,"viewCount":2298,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":123471894,"gmtCreate":1624436804618,"gmtModify":1703836643699,"author":{"id":"3574742048828447","authorId":"3574742048828447","name":"wsbcn","avatar":"https://static.tigerbbs.com/aaa1f1301e4ec51cc1d06db4d25334ea","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3574742048828447","authorIdStr":"3574742048828447"},"themes":[],"htmlText":"Nice","listText":"Nice","text":"Nice","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/123471894","repostId":"1199540442","repostType":4,"repost":{"id":"1199540442","kind":"news","pubTimestamp":1624436607,"share":"https://ttm.financial/m/news/1199540442?lang=en_US&edition=fundamental","pubTime":"2021-06-23 16:23","market":"us","language":"en","title":"What Does The Future Of Investing Look Like?","url":"https://stock-news.laohu8.com/highlight/detail?id=1199540442","media":"Investing","summary":"A trend has the investment community buzzing with excitement, with talk about it reimagining how inv","content":"<p>A trend has the investment community buzzing with excitement, with talk about it reimagining how investors evaluate positions: ESG—Environmental, Social, and Corporate Governance.</p>\n<p>But what is ESG? Is it a marketing gimmick, or a fundamentally based investment strategy?</p>\n<p>Moreover, is ESG something that an average investor should take notice of and incorporate into their portfolios for the long term?</p>\n<p>Let's take a look at the development of ESG, its current outlook, including the challenges it must overcome and the potential opportunities it presents.</p>\n<p><img src=\"https://static.tigerbbs.com/b062b228d872487fb8094c2927dcd609\" tg-width=\"540\" tg-height=\"277\" referrerpolicy=\"no-referrer\">3 Components Of ESG</p>\n<p><i>Source:Invesco.</i></p>\n<p>Environmental, Social, and Corporate Governance is often used as a catch-all term for sustainable investing (see above graphic). ESG takes these three factors and incorporates them into asset evaluations.</p>\n<p>Specifically, ESG uses these factors to better identify risks and opportunities of assets that may be disregarded by traditional valuation metrics and processes.</p>\n<p>The Environmental portion of ESG gauges an asset’s impact on the environment. This can include concerns about carbon emissions produced, water or waste management practices, impact on deforestation or biodiversity, energy efficiency, to name just a few.</p>\n<p>The Social portion of ESG evaluates an asset’s business relationships. This can include diversity (such as gender and ethnicity), animal welfare practices, consumer protection practices, labor standards, data protection standards, respecting religious beliefs, employee health standards, and impact on local communities, among other concerns.</p>\n<p>The Governance portion of ESG explores how a company is run. This can include considerations such as business ethics, anti-competitive behavior, corruption, tax evasion, management structure, executive compensation, employee compensation, lobbying practices, and transparency to stakeholders.</p>\n<p>After understanding what ESG takes into account one might be left wondering: which factor (Environmental, Social, or Governance) is most important? To this question, there is no easy answer for a variety of reasons.</p>\n<p>Firstly, when evaluating each factor (Environmental, Social, or Governance) there is a high level of subjectivity. For example: when evaluating a company’s environmental impact one fund manager may focus solely on carbon emissions, while another may focus instead on water use, waste disposal practices, impact on deforestation, and more.</p>\n<p>Depending on what one investor (or manager) believes should be taken into account for each ESG factor will change how companies are evaluated.</p>\n<p>Secondly, even if all ESG investors agreed on what concerns should make up each ESG factor, there would still be wide disagreement regarding which concerns should take precedence.</p>\n<p>Suppose for ESG’s Social factor all investors agreed that companies should be evaluated on diversity, labor standards, and animal welfare practices. Leaving aside the fact that there are many ways to evaluate a company’s diversity, labor standards, and animal welfare practices, should each of these concerns be given a 1/3 weight? Or are they important to varying degrees?</p>\n<p>These questions can only be answered by an individual depending on their own preferences.</p>\n<p>Thirdly, each investor (or manager) must decide how important Environmental, Social, and Governance factors are in relation to one another. Perhaps the three categories each carry equal weight. Or perhaps one is most important, diminishing the impact of the other factors.</p>\n<p>No matter what, there is no simple solution to each one of these three dilemmas.</p>\n<p>As exhibited in the above paragraph, ESG is an inherently subjective, and thus qualitative, strategy. This can be well illustrated by the fact that there is no standardized methodology for evaluating ESG metrics of companies.</p>\n<p>Proponents of ESG will (correctly) point out that steps have been made to better formalize processes for evaluating ESG standards. However, much work still needs to be done in this area to truly allow ESG to become mainstream.</p>\n<p>ESG is not simply an attempt to “do good” while investing. It is a strategy designed to outperform the market. An ESG strategy believes that the environmental impact, social practices, and governance of a company will actually have major impacts on the performance of a company long term.</p>\n<p>So, ESG ties previously assumed nonfinancial concerns with the valuation of a company. ESG is often mistaken for other investment philosophies such as Socially Responsible Investing (SRI). The major difference between ESG and SRI is that SRI simply eliminates companies that do not align with a certain set of values (such as avoiding owningoiland tobacco companies due to ethical concerns).</p>\n<p>On the other hand, ESG attempts to identify opportunities presented by a company’s environmental, social, and governance practices (missed by traditional valuation metrics) which provide value to investors and avoid companies that pose large risks (in other words ESG does not merely support a certain set of values).</p>\n<p><img src=\"https://static.tigerbbs.com/bde203567e4fe3beb4aa4ca94000a86e\" tg-width=\"936\" tg-height=\"754\" referrerpolicy=\"no-referrer\">Sustainable Investing in the U.S. Over Time</p>\n<p><i>Source:U.S. SIF Foundation</i></p>\n<p>ESG’s credibility has been bolstered by massive inflows into funds focused on ESG strategies. Funds that use ESG methodologies hold one-third of all assets under management in America, or about$17 Trillion(see above graphic). Globally, this figure is much greater, at about$37.8 Trillion.</p>\n<p>ESG funds globally are expected to continue to grow to about $53 Trillion by 2025, following historical 15% growth rates. The impressive performance of ESG also adds to its notoriety.</p>\n<p>From the period March 2020-March 2021,73% of ESG fundshave outperformed theS&amp;P 500, many by substantial margins. This is in large part due to ESG funds’ significant holdings oftechnologystocks that have seen large rises due to COVID.</p>\n<p>In many ways, ESG funds often resemble quality factor funds. More broadly, the largest ESG ETF, iShares ESG Aware MSCI USA ETF (NASDAQ:ESGU), which has nearly $18 Billion in assets under management, has outperformed the S&amp;P 500 over a 3 year period, offering a 19.1% annualized return, compared to the S&amp;P 500’s roughly 18% annualized return.</p>\n<p>Whether or not this outperformance will continue, though, is anyone’s guess.</p>\n<p>Empowering investors to invest while honoring their values without sacrificing returns is what ESG is all about. It has taken off in recent years and seems destined only to gain more and more widespread adoption.</p>\n<p>ESG faces many challenges and skeptics. To successfully take on these impediments, ESG methodology standards must become more transparent and formalized. After all, the whole point of ESG investing is to allow investors to control where their money goes, and guide it to companies that provide unique opportunities and align with ESG values.</p>\n<p>Funds that bill themselves as ESG friendly must be able to ensure that the companies they invest in truly uphold the values they profess. I expect the ESG revolution to accelerate to even greater heights over the coming years.</p>\n<p>The future will be a more green, equitable, and transparent one, and ESG is simply allowing investors to embrace this reality.</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>What Does The Future Of Investing Look Like?</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\">\nWhat Does The Future Of Investing Look Like?\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-23 16:23 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.investing.com/analysis/what-does-the-future-of-investing-look-like-200587721><strong>Investing</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>A trend has the investment community buzzing with excitement, with talk about it reimagining how investors evaluate positions: ESG—Environmental, Social, and Corporate Governance.\nBut what is ESG? Is ...</p>\n\n<a href=\"https://www.investing.com/analysis/what-does-the-future-of-investing-look-like-200587721\">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",".SPX":"S&P 500 Index",".DJI":"道琼斯","SPY":"标普500ETF"},"source_url":"https://www.investing.com/analysis/what-does-the-future-of-investing-look-like-200587721","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1199540442","content_text":"A trend has the investment community buzzing with excitement, with talk about it reimagining how investors evaluate positions: ESG—Environmental, Social, and Corporate Governance.\nBut what is ESG? Is it a marketing gimmick, or a fundamentally based investment strategy?\nMoreover, is ESG something that an average investor should take notice of and incorporate into their portfolios for the long term?\nLet's take a look at the development of ESG, its current outlook, including the challenges it must overcome and the potential opportunities it presents.\n3 Components Of ESG\nSource:Invesco.\nEnvironmental, Social, and Corporate Governance is often used as a catch-all term for sustainable investing (see above graphic). ESG takes these three factors and incorporates them into asset evaluations.\nSpecifically, ESG uses these factors to better identify risks and opportunities of assets that may be disregarded by traditional valuation metrics and processes.\nThe Environmental portion of ESG gauges an asset’s impact on the environment. This can include concerns about carbon emissions produced, water or waste management practices, impact on deforestation or biodiversity, energy efficiency, to name just a few.\nThe Social portion of ESG evaluates an asset’s business relationships. This can include diversity (such as gender and ethnicity), animal welfare practices, consumer protection practices, labor standards, data protection standards, respecting religious beliefs, employee health standards, and impact on local communities, among other concerns.\nThe Governance portion of ESG explores how a company is run. This can include considerations such as business ethics, anti-competitive behavior, corruption, tax evasion, management structure, executive compensation, employee compensation, lobbying practices, and transparency to stakeholders.\nAfter understanding what ESG takes into account one might be left wondering: which factor (Environmental, Social, or Governance) is most important? To this question, there is no easy answer for a variety of reasons.\nFirstly, when evaluating each factor (Environmental, Social, or Governance) there is a high level of subjectivity. For example: when evaluating a company’s environmental impact one fund manager may focus solely on carbon emissions, while another may focus instead on water use, waste disposal practices, impact on deforestation, and more.\nDepending on what one investor (or manager) believes should be taken into account for each ESG factor will change how companies are evaluated.\nSecondly, even if all ESG investors agreed on what concerns should make up each ESG factor, there would still be wide disagreement regarding which concerns should take precedence.\nSuppose for ESG’s Social factor all investors agreed that companies should be evaluated on diversity, labor standards, and animal welfare practices. Leaving aside the fact that there are many ways to evaluate a company’s diversity, labor standards, and animal welfare practices, should each of these concerns be given a 1/3 weight? Or are they important to varying degrees?\nThese questions can only be answered by an individual depending on their own preferences.\nThirdly, each investor (or manager) must decide how important Environmental, Social, and Governance factors are in relation to one another. Perhaps the three categories each carry equal weight. Or perhaps one is most important, diminishing the impact of the other factors.\nNo matter what, there is no simple solution to each one of these three dilemmas.\nAs exhibited in the above paragraph, ESG is an inherently subjective, and thus qualitative, strategy. This can be well illustrated by the fact that there is no standardized methodology for evaluating ESG metrics of companies.\nProponents of ESG will (correctly) point out that steps have been made to better formalize processes for evaluating ESG standards. However, much work still needs to be done in this area to truly allow ESG to become mainstream.\nESG is not simply an attempt to “do good” while investing. It is a strategy designed to outperform the market. An ESG strategy believes that the environmental impact, social practices, and governance of a company will actually have major impacts on the performance of a company long term.\nSo, ESG ties previously assumed nonfinancial concerns with the valuation of a company. ESG is often mistaken for other investment philosophies such as Socially Responsible Investing (SRI). The major difference between ESG and SRI is that SRI simply eliminates companies that do not align with a certain set of values (such as avoiding owningoiland tobacco companies due to ethical concerns).\nOn the other hand, ESG attempts to identify opportunities presented by a company’s environmental, social, and governance practices (missed by traditional valuation metrics) which provide value to investors and avoid companies that pose large risks (in other words ESG does not merely support a certain set of values).\nSustainable Investing in the U.S. Over Time\nSource:U.S. SIF Foundation\nESG’s credibility has been bolstered by massive inflows into funds focused on ESG strategies. Funds that use ESG methodologies hold one-third of all assets under management in America, or about$17 Trillion(see above graphic). Globally, this figure is much greater, at about$37.8 Trillion.\nESG funds globally are expected to continue to grow to about $53 Trillion by 2025, following historical 15% growth rates. The impressive performance of ESG also adds to its notoriety.\nFrom the period March 2020-March 2021,73% of ESG fundshave outperformed theS&P 500, many by substantial margins. This is in large part due to ESG funds’ significant holdings oftechnologystocks that have seen large rises due to COVID.\nIn many ways, ESG funds often resemble quality factor funds. More broadly, the largest ESG ETF, iShares ESG Aware MSCI USA ETF (NASDAQ:ESGU), which has nearly $18 Billion in assets under management, has outperformed the S&P 500 over a 3 year period, offering a 19.1% annualized return, compared to the S&P 500’s roughly 18% annualized return.\nWhether or not this outperformance will continue, though, is anyone’s guess.\nEmpowering investors to invest while honoring their values without sacrificing returns is what ESG is all about. It has taken off in recent years and seems destined only to gain more and more widespread adoption.\nESG faces many challenges and skeptics. To successfully take on these impediments, ESG methodology standards must become more transparent and formalized. After all, the whole point of ESG investing is to allow investors to control where their money goes, and guide it to companies that provide unique opportunities and align with ESG values.\nFunds that bill themselves as ESG friendly must be able to ensure that the companies they invest in truly uphold the values they profess. I expect the ESG revolution to accelerate to even greater heights over the coming years.\nThe future will be a more green, equitable, and transparent one, and ESG is simply allowing investors to embrace this reality.","news_type":1,"symbols_score_info":{"SPY":0.9,".DJI":0.9,".IXIC":0.9,".SPX":0.9}},"isVote":1,"tweetType":1,"viewCount":2198,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":162953856,"gmtCreate":1624032444875,"gmtModify":1703827258456,"author":{"id":"3574742048828447","authorId":"3574742048828447","name":"wsbcn","avatar":"https://static.tigerbbs.com/aaa1f1301e4ec51cc1d06db4d25334ea","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3574742048828447","authorIdStr":"3574742048828447"},"themes":[],"htmlText":"100000","listText":"100000","text":"100000","images":[{"img":"https://static.tigerbbs.com/d2c16c9de15bff3a5c981f1e46770757","width":"750","height":"2260"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/162953856","isVote":1,"tweetType":1,"viewCount":2327,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":187320327,"gmtCreate":1623742341669,"gmtModify":1704210114580,"author":{"id":"3574742048828447","authorId":"3574742048828447","name":"wsbcn","avatar":"https://static.tigerbbs.com/aaa1f1301e4ec51cc1d06db4d25334ea","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3574742048828447","authorIdStr":"3574742048828447"},"themes":[],"htmlText":"SQUEEZE","listText":"SQUEEZE","text":"SQUEEZE","images":[{"img":"https://static.tigerbbs.com/f245350f1a8307901b53f6d093785616","width":"750","height":"2330"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/187320327","isVote":1,"tweetType":1,"viewCount":1629,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":182502484,"gmtCreate":1623585240648,"gmtModify":1704206619483,"author":{"id":"3574742048828447","authorId":"3574742048828447","name":"wsbcn","avatar":"https://static.tigerbbs.com/aaa1f1301e4ec51cc1d06db4d25334ea","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3574742048828447","authorIdStr":"3574742048828447"},"themes":[],"htmlText":"Wow!!","listText":"Wow!!","text":"Wow!!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/182502484","repostId":"2142744202","repostType":4,"repost":{"id":"2142744202","kind":"highlight","weMediaInfo":{"introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"media_name":"Dow Jones","id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"pubTimestamp":1623452760,"share":"https://ttm.financial/m/news/2142744202?lang=en_US&edition=fundamental","pubTime":"2021-06-12 07:06","market":"hk","language":"en","title":"How oil soaring to $100 a barrel could be bad for this boom-bust sector and the economy","url":"https://stock-news.laohu8.com/highlight/detail?id=2142744202","media":"Dow Jones","summary":"If demand returns to 100 million barrels a day, 'that feels very ominous to me,' debt pro warns.\n\nOi","content":"<blockquote>\n If demand returns to 100 million barrels a day, 'that feels very ominous to me,' debt pro warns.\n</blockquote>\n<p>Oil companies often find religion in the wake of a boom-and-bust cycle, including after last year when crude prices crashed into negative territory for the first time on record.</p>\n<p>But with oil prices recently back near $70 a barrel, and some analysts speculating on the return to $100 during the COVID recovery, investors fear wildcatting and other risky financial behavior by energy companies will make a comeback.</p>\n<p>\"We lost a lot of our weakest companies,\" Andrew Feltus, co-director of high-yield at Amundi US, said of the ripple effects of oil futures going negative in April 2020 as demand collapsed with the first waves of COVID outbreaks and oil-producing giants Saudi Arabia and Russia waged an ugly price war.</p>\n<p>\"No <a href=\"https://laohu8.com/S/AONE\">one</a> can exist in that type of situation for long,\" Feltus told MarketWatch. \"If you don't have enough money to survive, you are gone.\"</p>\n<p>Company executives took those lessons for the U.S. energy complex to heart after pandemic shutdowns depressed oil demand and, for a period, led to higher borrowing costs in the sector. It also led to greater prudence.</p>\n<p>But there's no telling how long the latest stretch of \"good\" energy company behavior -- actions preferred by their risk-wary lenders and investors -- will last. That's particularly true if prices shoot dramatically higher and breach $100 a barrel.</p>\n<p>As Feltus said, \"$50 oil is the price we want. $70 is just gravy. With $100 oil, they will be dancing in the streets of Dallas.\"</p>\n<p>Prices for U.S. benchmark West Texas Intermediate crude for July delivery were near $70.75 a barrel on the New York Mercantile Exchange on Friday and headed for a weekly rise of about 1.7%.</p>\n<p>This chart tracks the plunge and recovery of WTI since April 2020, with the red line highlighting the stretch in which prices stayed below $40 a barrel.</p>\n<p><b>Keeping up?</b></p>\n<p>Prices saw a boost Friday from the International Energy Agency, which said global oil demand would return to pre-COVID-19 pandemic levels by the end of next year.</p>\n<p>IEA also forecast demand to reach 100.6 million barrels a day by the end of 2022, while indicating that producers will need to boost output to keep up with demand.</p>\n<p>The changing landscape for oil, including the increased focus by investors and the Biden administration on encouraging more environmentally sustainable practices, comes as a U.S. rig count has hovered at about half of pre-COVID levels, said Steve Repoff, portfolio manager at GW&amp;K Investment.</p>\n<p>Read:Climate-change pressure builds on Big Oil after activist wins Exxon board seats, court ruling hits Shell</p>\n<p>But that's not without its own set of concerns as vaccinations in the U.S. increase, demand for oil climbs and the economy opens more broadly, including over the summer. And the post-COVID travel season could turn costly for drivers.</p>\n<p>\"It seems these companies, for now, have demonstrated capital discipline, in a sector notorious for being unable to display capital discipline,\" Repoff told MarketWatch.</p>\n<p>\"But if we see demand of 100 million barrels a day return, that feels very ominous to me,\" he said, adding that it's unclear if U.S. producers will struggle to ramp up production.</p>\n<p>\"What if all the best shale, in aggregate, has been drilled already?\" Repoff said, while explaining how higher oil prices can be good for the oil industry, but also deflationary, even as the Federal Reserve expects the cost of living in America to overshoot its 2% inflation target for awhile during the recovery.</p>\n<p>\"When applied to the broader economy, it's effectively a tax on businesses and consumers, and at the systemwide level is ultimately deflationary,\" Repoff said of booming oil prices.</p>\n<p><b>$100 oil is a mixed blessing</b></p>\n<p>It took no time for COVID shutdowns to rattle the booming U.S. high-yield bond market last year, with defaults quickly jumping to a 10-year high of almost 5% and helping prompt the Fed to launch its first program ever of buying up corporate debt.</p>\n<p>Recently, as the sector has recovered, including with yields on the overall ICE BofA U.S. High Yield Index plunging near all-time lows of 4.1% , the Fed said it would sell its remaining corporate bond exposure.</p>\n<p>As a result, the so-called \"junk-bond\" market ended up with its highest-quality mix of companies by credit rating in at least a decade, but perhaps even 20 to 30 years, according to Feltus at Amundi, even while energy remains the sector's biggest exposure at about 13% of its benchmark high-yield index. That compares with a roughly 3% slice for energy in the S&amp;P 500 index, leaving investors in it grappling with swings in exposure.</p>\n<p>While energy has long been a key part of the U.S. high-yield market, oil booms haven't always been great over the long run for bond investors who help finance the sector.</p>\n<p>\"History says it depends on what else is going on in the market,\" said Marty Fridson, chief investment officer at Lehmann Livian Fridson Advisors, particularly when oil prices rise and fall around times of economic crisis.</p>\n<p>Starting in the summer of 2007, oil prices quickly advanced over eight months from $70.68 on June 29 to $101.84 on Feb. 29, 2008. But when Fridson looked at how the energy component fared over that stretch, it outperformed the ICE BofA US High Yield Index, returning 3.88% compared to negative 3.32%.</p>\n<p>Then, in the more protracted recovery phase, oil went from $70.61 on Sept. 30, 2009, to $96.07 on Feb. 28, 2011, while energy underperformed the index, 23.57% to 26.38%.</p>\n<p>Amundi's Feltus also pointed out that companies \"got religion for like six to 12 months of discipline,\" after each recent oil bust. \"This time breaks the record. But we can't let up the pressure.\"</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>How oil soaring to $100 a barrel could be bad for this boom-bust sector and the economy</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\">\nHow oil soaring to $100 a barrel could be bad for this boom-bust sector and the economy\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\">2021-06-12 07:06</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<blockquote>\n If demand returns to 100 million barrels a day, 'that feels very ominous to me,' debt pro warns.\n</blockquote>\n<p>Oil companies often find religion in the wake of a boom-and-bust cycle, including after last year when crude prices crashed into negative territory for the first time on record.</p>\n<p>But with oil prices recently back near $70 a barrel, and some analysts speculating on the return to $100 during the COVID recovery, investors fear wildcatting and other risky financial behavior by energy companies will make a comeback.</p>\n<p>\"We lost a lot of our weakest companies,\" Andrew Feltus, co-director of high-yield at Amundi US, said of the ripple effects of oil futures going negative in April 2020 as demand collapsed with the first waves of COVID outbreaks and oil-producing giants Saudi Arabia and Russia waged an ugly price war.</p>\n<p>\"No <a href=\"https://laohu8.com/S/AONE\">one</a> can exist in that type of situation for long,\" Feltus told MarketWatch. \"If you don't have enough money to survive, you are gone.\"</p>\n<p>Company executives took those lessons for the U.S. energy complex to heart after pandemic shutdowns depressed oil demand and, for a period, led to higher borrowing costs in the sector. It also led to greater prudence.</p>\n<p>But there's no telling how long the latest stretch of \"good\" energy company behavior -- actions preferred by their risk-wary lenders and investors -- will last. That's particularly true if prices shoot dramatically higher and breach $100 a barrel.</p>\n<p>As Feltus said, \"$50 oil is the price we want. $70 is just gravy. With $100 oil, they will be dancing in the streets of Dallas.\"</p>\n<p>Prices for U.S. benchmark West Texas Intermediate crude for July delivery were near $70.75 a barrel on the New York Mercantile Exchange on Friday and headed for a weekly rise of about 1.7%.</p>\n<p>This chart tracks the plunge and recovery of WTI since April 2020, with the red line highlighting the stretch in which prices stayed below $40 a barrel.</p>\n<p><b>Keeping up?</b></p>\n<p>Prices saw a boost Friday from the International Energy Agency, which said global oil demand would return to pre-COVID-19 pandemic levels by the end of next year.</p>\n<p>IEA also forecast demand to reach 100.6 million barrels a day by the end of 2022, while indicating that producers will need to boost output to keep up with demand.</p>\n<p>The changing landscape for oil, including the increased focus by investors and the Biden administration on encouraging more environmentally sustainable practices, comes as a U.S. rig count has hovered at about half of pre-COVID levels, said Steve Repoff, portfolio manager at GW&amp;K Investment.</p>\n<p>Read:Climate-change pressure builds on Big Oil after activist wins Exxon board seats, court ruling hits Shell</p>\n<p>But that's not without its own set of concerns as vaccinations in the U.S. increase, demand for oil climbs and the economy opens more broadly, including over the summer. And the post-COVID travel season could turn costly for drivers.</p>\n<p>\"It seems these companies, for now, have demonstrated capital discipline, in a sector notorious for being unable to display capital discipline,\" Repoff told MarketWatch.</p>\n<p>\"But if we see demand of 100 million barrels a day return, that feels very ominous to me,\" he said, adding that it's unclear if U.S. producers will struggle to ramp up production.</p>\n<p>\"What if all the best shale, in aggregate, has been drilled already?\" Repoff said, while explaining how higher oil prices can be good for the oil industry, but also deflationary, even as the Federal Reserve expects the cost of living in America to overshoot its 2% inflation target for awhile during the recovery.</p>\n<p>\"When applied to the broader economy, it's effectively a tax on businesses and consumers, and at the systemwide level is ultimately deflationary,\" Repoff said of booming oil prices.</p>\n<p><b>$100 oil is a mixed blessing</b></p>\n<p>It took no time for COVID shutdowns to rattle the booming U.S. high-yield bond market last year, with defaults quickly jumping to a 10-year high of almost 5% and helping prompt the Fed to launch its first program ever of buying up corporate debt.</p>\n<p>Recently, as the sector has recovered, including with yields on the overall ICE BofA U.S. High Yield Index plunging near all-time lows of 4.1% , the Fed said it would sell its remaining corporate bond exposure.</p>\n<p>As a result, the so-called \"junk-bond\" market ended up with its highest-quality mix of companies by credit rating in at least a decade, but perhaps even 20 to 30 years, according to Feltus at Amundi, even while energy remains the sector's biggest exposure at about 13% of its benchmark high-yield index. That compares with a roughly 3% slice for energy in the S&amp;P 500 index, leaving investors in it grappling with swings in exposure.</p>\n<p>While energy has long been a key part of the U.S. high-yield market, oil booms haven't always been great over the long run for bond investors who help finance the sector.</p>\n<p>\"History says it depends on what else is going on in the market,\" said Marty Fridson, chief investment officer at Lehmann Livian Fridson Advisors, particularly when oil prices rise and fall around times of economic crisis.</p>\n<p>Starting in the summer of 2007, oil prices quickly advanced over eight months from $70.68 on June 29 to $101.84 on Feb. 29, 2008. But when Fridson looked at how the energy component fared over that stretch, it outperformed the ICE BofA US High Yield Index, returning 3.88% compared to negative 3.32%.</p>\n<p>Then, in the more protracted recovery phase, oil went from $70.61 on Sept. 30, 2009, to $96.07 on Feb. 28, 2011, while energy underperformed the index, 23.57% to 26.38%.</p>\n<p>Amundi's Feltus also pointed out that companies \"got religion for like six to 12 months of discipline,\" after each recent oil bust. \"This time breaks the record. But we can't let up the pressure.\"</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".DJI":"道琼斯",".IXIC":"NASDAQ Composite",".SPX":"S&P 500 Index","SPY":"标普500ETF"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2142744202","content_text":"If demand returns to 100 million barrels a day, 'that feels very ominous to me,' debt pro warns.\n\nOil companies often find religion in the wake of a boom-and-bust cycle, including after last year when crude prices crashed into negative territory for the first time on record.\nBut with oil prices recently back near $70 a barrel, and some analysts speculating on the return to $100 during the COVID recovery, investors fear wildcatting and other risky financial behavior by energy companies will make a comeback.\n\"We lost a lot of our weakest companies,\" Andrew Feltus, co-director of high-yield at Amundi US, said of the ripple effects of oil futures going negative in April 2020 as demand collapsed with the first waves of COVID outbreaks and oil-producing giants Saudi Arabia and Russia waged an ugly price war.\n\"No one can exist in that type of situation for long,\" Feltus told MarketWatch. \"If you don't have enough money to survive, you are gone.\"\nCompany executives took those lessons for the U.S. energy complex to heart after pandemic shutdowns depressed oil demand and, for a period, led to higher borrowing costs in the sector. It also led to greater prudence.\nBut there's no telling how long the latest stretch of \"good\" energy company behavior -- actions preferred by their risk-wary lenders and investors -- will last. That's particularly true if prices shoot dramatically higher and breach $100 a barrel.\nAs Feltus said, \"$50 oil is the price we want. $70 is just gravy. With $100 oil, they will be dancing in the streets of Dallas.\"\nPrices for U.S. benchmark West Texas Intermediate crude for July delivery were near $70.75 a barrel on the New York Mercantile Exchange on Friday and headed for a weekly rise of about 1.7%.\nThis chart tracks the plunge and recovery of WTI since April 2020, with the red line highlighting the stretch in which prices stayed below $40 a barrel.\nKeeping up?\nPrices saw a boost Friday from the International Energy Agency, which said global oil demand would return to pre-COVID-19 pandemic levels by the end of next year.\nIEA also forecast demand to reach 100.6 million barrels a day by the end of 2022, while indicating that producers will need to boost output to keep up with demand.\nThe changing landscape for oil, including the increased focus by investors and the Biden administration on encouraging more environmentally sustainable practices, comes as a U.S. rig count has hovered at about half of pre-COVID levels, said Steve Repoff, portfolio manager at GW&K Investment.\nRead:Climate-change pressure builds on Big Oil after activist wins Exxon board seats, court ruling hits Shell\nBut that's not without its own set of concerns as vaccinations in the U.S. increase, demand for oil climbs and the economy opens more broadly, including over the summer. And the post-COVID travel season could turn costly for drivers.\n\"It seems these companies, for now, have demonstrated capital discipline, in a sector notorious for being unable to display capital discipline,\" Repoff told MarketWatch.\n\"But if we see demand of 100 million barrels a day return, that feels very ominous to me,\" he said, adding that it's unclear if U.S. producers will struggle to ramp up production.\n\"What if all the best shale, in aggregate, has been drilled already?\" Repoff said, while explaining how higher oil prices can be good for the oil industry, but also deflationary, even as the Federal Reserve expects the cost of living in America to overshoot its 2% inflation target for awhile during the recovery.\n\"When applied to the broader economy, it's effectively a tax on businesses and consumers, and at the systemwide level is ultimately deflationary,\" Repoff said of booming oil prices.\n$100 oil is a mixed blessing\nIt took no time for COVID shutdowns to rattle the booming U.S. high-yield bond market last year, with defaults quickly jumping to a 10-year high of almost 5% and helping prompt the Fed to launch its first program ever of buying up corporate debt.\nRecently, as the sector has recovered, including with yields on the overall ICE BofA U.S. High Yield Index plunging near all-time lows of 4.1% , the Fed said it would sell its remaining corporate bond exposure.\nAs a result, the so-called \"junk-bond\" market ended up with its highest-quality mix of companies by credit rating in at least a decade, but perhaps even 20 to 30 years, according to Feltus at Amundi, even while energy remains the sector's biggest exposure at about 13% of its benchmark high-yield index. That compares with a roughly 3% slice for energy in the S&P 500 index, leaving investors in it grappling with swings in exposure.\nWhile energy has long been a key part of the U.S. high-yield market, oil booms haven't always been great over the long run for bond investors who help finance the sector.\n\"History says it depends on what else is going on in the market,\" said Marty Fridson, chief investment officer at Lehmann Livian Fridson Advisors, particularly when oil prices rise and fall around times of economic crisis.\nStarting in the summer of 2007, oil prices quickly advanced over eight months from $70.68 on June 29 to $101.84 on Feb. 29, 2008. But when Fridson looked at how the energy component fared over that stretch, it outperformed the ICE BofA US High Yield Index, returning 3.88% compared to negative 3.32%.\nThen, in the more protracted recovery phase, oil went from $70.61 on Sept. 30, 2009, to $96.07 on Feb. 28, 2011, while energy underperformed the index, 23.57% to 26.38%.\nAmundi's Feltus also pointed out that companies \"got religion for like six to 12 months of discipline,\" after each recent oil bust. \"This time breaks the record. But we can't let up the pressure.\"","news_type":1,"symbols_score_info":{".SPX":0.9,".IXIC":0.9,".DJI":0.9,"SPY":0.9}},"isVote":1,"tweetType":1,"viewCount":1763,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":182502618,"gmtCreate":1623585222434,"gmtModify":1704206619159,"author":{"id":"3574742048828447","authorId":"3574742048828447","name":"wsbcn","avatar":"https://static.tigerbbs.com/aaa1f1301e4ec51cc1d06db4d25334ea","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3574742048828447","authorIdStr":"3574742048828447"},"themes":[],"htmlText":"Nice article!","listText":"Nice article!","text":"Nice article!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/182502618","repostId":"1177806573","repostType":4,"isVote":1,"tweetType":1,"viewCount":1525,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"lives":[]}