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2021-06-27

Good

The national carbon trading market is about to open, and institutions point out five major investment directions

2021-07-27

Oh

Tesla's asset impairment in Bitcoin is $23 million, and it is about to fall below the cost line

2022-02-10

Oh

The big national fund takes action! 50 billion industry leader soared 7%

2022-03-13

No

All OEMs have to learn from Tesla, and car dealers have "no way to go"?

2021-05-15

Good

How did the gurus respond to the stock market decline?

2021-06-26

Good

Sorry, the original content has been removed

2022-02-26

No

Goldman Sachs: Nothing can stop the Fed's March rate hike of 25bp

2021-04-25

Good

Sorry, the original content has been removed

2021-05-06

Good

Sorry, the original content has been removed

2021-05-27

Good

Snowflake's revenue surges ahead of expectations, sees slowing growth this quarter

2021-05-03

No

Wells Fargo: U.S. stocks may usher in a large-scale sell-off of technology stocks this month

2021-03-15

Very good

Sorry, the original content has been removed

2021-05-08

yes

Is Boeing Stock a Buy in 2021?

2021-04-27

Good

Baidu redevelopment site

2021-04-10

Hahaha

Sorry, the original content has been removed

2021-04-03

No

Will Archegos trigger a cascade of financial crises?

2021-09-19

Good

Sorry, the original content has been removed

2021-04-18

Good to hear

Preview of Apple's spring conference: What new products will be held at this "Technology Spring Festival Gala"

2021-04-22

Good

Last night and this morning: U.S. stocks rebounded and closed up across the board, U.S. oil closed down sharply by 2.1%

2021-04-14

Good

The world's first driverless stock will be listed soon. What are the benchmarking opportunities for A-shares?

Go to Tiger App to see more news

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Good good good&nbsp;","listText":"Tigr nice event!!! Good good good&nbsp;","text":"Tigr nice event!!! Good good good","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9948621280","isVote":1,"tweetType":1,"viewCount":2718,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9948621004,"gmtCreate":1680701951409,"gmtModify":1680701954968,"author":{"id":"3577343858256661","authorId":"3577343858256661","name":"kenp","avatar":"https://static.tigerbbs.com/658bc030049b2996b0e2f267da086675","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3577343858256661","authorIdStr":"3577343858256661"},"themes":[],"htmlText":"Nice event&nbsp;","listText":"Nice event&nbsp;","text":"Nice event","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9948621004","repostId":"9943960936","repostType":1,"repost":{"id":9943960936,"gmtCreate":1679046534725,"gmtModify":1680580626622,"author":{"id":"3527667667103859","authorId":"3527667667103859","name":"TigerEvents","avatar":"https://community-static.tradeup.com/news/c266ef25181ace18bec1262357bbe1a8","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3527667667103859","authorIdStr":"3527667667103859"},"themes":[],"title":"【Game】Easter Egg Hunting with Tiger, Win Disney Shares and USD 120 Voucher","htmlText":"🐰🌷 Hop into the Easter spirit and join our \"Tiger's Egg Hunting\" game! 🎉Stand to win free Disney stocks and a USD 120 cash voucher!🎁🌟Our interactive Easter game is open to Tigers, and it's so easy to play! Simply jump and catch the egg, and you could be a lucky winner. 🐇That's not all. You can also invite your friends to join in the fun to earn more points. Plus, you can challenge your friends for a race up the leaderboard. Let's fly to the moon together!Don't miss out on this egg-citing opportunity to win BIG! Join the game now and hop on your way to victory. 🥳🐣<a href=\"https://www.tigerbrokers.com.sg/activity/market/2023/easter/?adcode=20230316162207#/\" target=\"_blank\">Join our Easter campaign now</a>","listText":"🐰🌷 Hop into the Easter spirit and join our \"Tiger's Egg Hunting\" game! 🎉Stand to win free Disney stocks and a USD 120 cash voucher!🎁🌟Our interactive Easter game is open to Tigers, and it's so easy to play! Simply jump and catch the egg, and you could be a lucky winner. 🐇That's not all. You can also invite your friends to join in the fun to earn more points. Plus, you can challenge your friends for a race up the leaderboard. Let's fly to the moon together!Don't miss out on this egg-citing opportunity to win BIG! Join the game now and hop on your way to victory. 🥳🐣<a href=\"https://www.tigerbrokers.com.sg/activity/market/2023/easter/?adcode=20230316162207#/\" target=\"_blank\">Join our Easter campaign now</a>","text":"🐰🌷 Hop into the Easter spirit and join our \"Tiger's Egg Hunting\" game! 🎉Stand to win free Disney stocks and a USD 120 cash voucher!🎁🌟Our interactive Easter game is open to Tigers, and it's so easy to play! Simply jump and catch the egg, and you could be a lucky winner. 🐇That's not all. You can also invite your friends to join in the fun to earn more points. Plus, you can challenge your friends for a race up the leaderboard. Let's fly to the moon together!Don't miss out on this egg-citing opportunity to win BIG! Join the game now and hop on your way to victory. 🥳🐣Join our Easter campaign now","images":[{"img":"https://community-static.tradeup.com/news/c90a7371a3bcd1e6c552d2aa23f72c33","width":"1200","height":"630"}],"top":1,"highlighted":1,"essential":2,"paper":2,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9943960936","isVote":1,"tweetType":1,"viewCount":0,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},"isVote":1,"tweetType":1,"viewCount":2400,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9022823188,"gmtCreate":1653519705145,"gmtModify":1676535294756,"author":{"id":"3577343858256661","authorId":"3577343858256661","name":"kenp","avatar":"https://static.tigerbbs.com/658bc030049b2996b0e2f267da086675","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3577343858256661","authorIdStr":"3577343858256661"},"themes":[],"htmlText":"oh","listText":"oh","text":"oh","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9022823188","repostId":"1189522697","repostType":4,"repost":{"id":"1189522697","kind":"news","pubTimestamp":1653488770,"share":"https://ttm.financial/m/news/1189522697?lang=en_US&edition=fundamental","pubTime":"2022-05-25 22:26","market":"us","language":"zh","title":"When Will US Inflation Fall Back? Keep an eye on these 9 indicators","url":"https://stock-news.laohu8.com/highlight/detail?id=1189522697","media":"金十数据","summary":"经济学家强调，当前的物价压力预示着更长期的走势。美国通货膨胀接近40年来的最高水平，这给家庭、企业和政府决策者带来了挑战。异常的价格上涨浪潮是否已接近峰值？如果是这样的话，通胀将会在多长的时间内放缓？","content":"<p><html><head></head><body>Economists emphasize that current price pressures bode for a longer-term trend.</p><p>U.S. inflation is near its highest level in 40 years, posing challenges for households, businesses and government policymakers. Is the unusual wave of price increases nearing its peak? If so, how long will inflation slow? Most importantly, where will inflation stabilize in the long run?</p><p>Economists give several signals to anticipate U.S. inflation:</p><p><b>1. Short-term inflation momentum</b></p><p>The most watched inflation data is the year-over-year growth rate of the Consumer Price Index (CPI), which measures how quickly prices have risen in a month compared to a year earlier. Lou Crandall, principal analyst at Wrightson ICAP, said that while the metric helps measure longer-term inflation trends, it may be overly focused on past inflation levels. He and other economists depicted the change of CPI from three months ago and the change from the same period last year in the chart below. The former can better reflect the recent inflation trend.</p><p>Changes in CPI from 3 months ago and from the same period last year:</p><p><img src=\"https://static.tigerbbs.com/99823906abcd72310979ec74003f3c92\" tg-width=\"692\" tg-height=\"427\" referrerpolicy=\"no-referrer\"/></p><p><b>2. Potential inflation</b></p><p>These short-term factors of rising oil prices or food prices do not reflect the overall price pressure in the economy. But economists have developed data that can identify inflation in the overall economy.<a href=\"https://laohu8.com/S/BAC\">Bank of America</a>Alex Lin, senior U.S. economist at Global Research, recommends focusing on the Cleveland Fed's 16% trimmed-mean CPI, an inflation measure that eliminates the most extreme price movements and leaves most of the middle price movements. These data can better explain how inflation is formed.</p><p>YoY CPI growth vs. Cleveland Fed's adjusted YoY CPI growth:</p><p><img src=\"https://static.tigerbbs.com/b088341c45c0fd11fe1406a4e8f48de4\" tg-width=\"692\" tg-height=\"428\" referrerpolicy=\"no-referrer\"/></p><p>3、<b>Commodity spree ends</b></p><p>The early days of the pandemic saw a surge in demand for manufactured goods and a sharp drop in demand for services. At the same time, due to the disruption of the supply chain related to the epidemic, the imbalance between supply and demand has caused serious shortages of commodities and rising prices. When consumers return to normal consumption of goods and services, this may reduce the pressure on product prices. One way to measure whether this is happening is to track balance changes across the two broad categories of spending in the Commerce Department's monthly personal consumption expenditures report.</p><p>Comparison of consumption of goods versus consumption of services, adjusted for inflation:</p><p><img src=\"https://static.tigerbbs.com/270b1871372a6120df55fcd89d4847ff\" tg-width=\"693\" tg-height=\"413\" referrerpolicy=\"no-referrer\"/></p><p>4、<b>An overheated labor market</b>Alex Lin said that as consumers return to spending in services, it will be important to focus on wage growth, which tends to rely more on labor than goods production. He said:</p><p>\"If you plot trends over time, you'll see that wages and services inflation complement each other.\" He recommends paying close attention to the Atlanta Fed's wage tracking system, which also allows users to filter data by wage level, demographic group and other factors. A more useful comparison is the number of job-hoppers and the number of workers who stay in place.</p><p>12-month moving average of median annual wage growth:</p><p><img src=\"https://static.tigerbbs.com/2eeb55d3780f1a75410c4e710a744178\" tg-width=\"693\" tg-height=\"415\" referrerpolicy=\"no-referrer\"/></p><p><b>Rental costs</b></p><p>Rapid wage increases will increase American incomes and push up the price of everything-especially the cost of housing. Housing prices are key to understanding where inflation is headed, as housing costs account for nearly a third of CPI. Aichi Amemiya, US economist at Nomura Securities, recommends focusing on<a href=\"https://laohu8.com/S/Z\">Zillow</a>Rent index and Apartment List rent estimate data to better understand housing cost trends.</p><p>Comparison of year-on-year growth rates of three rental indicators:</p><p><img src=\"https://static.tigerbbs.com/c7865239de5d3319c7e85cf6b6c351fc\" tg-width=\"692\" tg-height=\"408\" referrerpolicy=\"no-referrer\"/></p><p><b>6. The automobile market is the key</b></p><p>Prices in the auto market accounted for a large percentage of overall inflation over the past year, Amemiya said. Automobiles and parts contributed 1.3 percentage points of the 8.3% CPI increase in April. Among them, used cars are the biggest factor. For inflation to drop significantly, used car prices would have to drop somewhat. Amemiya recommends looking at Manheim's used car value index, which tends to be a month or two ahead of the CPI series.</p><p>Contribution of automobiles and parts to the year-on-year growth rate of CPI:</p><p><img src=\"https://static.tigerbbs.com/4d21ffc47189383c94c23930e8e7a85f\" tg-width=\"692\" tg-height=\"390\" referrerpolicy=\"no-referrer\"/></p><p><b>7. Parts vulnerable to the epidemic</b>Particularly the tourism industry that is vulnerable to the dramatic impact of the pandemic-especially airline tickets, hotels and car rental. One way to measure consumer attitudes towards the pandemic is the number of travelers passing through airport checkpoints published by the U.S. Transportation Safety Administration, Amemiya said. Data is updated daily and close to real-time metrics.</p><p>Number of passengers at airport checkpoints (7-day moving average):</p><p><img src=\"https://static.tigerbbs.com/b0d59adc1f7615ed86d2db75f5978397\" tg-width=\"693\" tg-height=\"410\" referrerpolicy=\"no-referrer\"/></p><p><b>8. Oil futures</b></p><p>Soaring energy prices have been a major contributor to inflation over the past year, while oil prices have hit record highs this year. Looking at the price of U.S. crude oil futures contracts, you can roughly see where oil prices are likely to be in a few months or a year. In the short term,<a href=\"https://laohu8.com/S/USEG\">US Energy</a>Retail gasoline prices are updated weekly by the Information Agency (EIA). The American Automobile Association (AAA) provides daily gasoline prices by state and nationwide.</p><p>U.S. regular gasoline, all gasoline retail prices:</p><p><img src=\"https://static.tigerbbs.com/79d3825a8b16896d8b12c7432e40c8c0\" tg-width=\"692\" tg-height=\"421\" referrerpolicy=\"no-referrer\"/></p><p><b>9. Inflation expectations</b>Once people start noticing inflation, it inflates itself. That's why so-called inflation expectations are worth watching, Alex Lin said. The median inflation expectation for the next five to 10 years in the University of Michigan's monthly consumer survey is a well-bequeathed measure of inflation expectations. He said,</p><p>\"We've seen some sort of rally-they seem to be at levels consistent with the 2% inflation rate the Fed is trying to set, but if they keep climbing, it will cause more panic.\" Inflation expectations for consumers over the next 5-10 years:</p><p><img src=\"https://static.tigerbbs.com/b0d59adc1f7615ed86d2db75f5978397\" tg-width=\"693\" tg-height=\"410\" referrerpolicy=\"no-referrer\"/></p><p></body></html></p>","source":"jssj","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>When Will US Inflation Fall Back? Keep an eye on these 9 indicators</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 12.5px; color: #7E829C; margin: 0;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nWhen Will US Inflation Fall Back? Keep an eye on these 9 indicators\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">金十数据</strong><span class=\"h-time small\">2022-05-25 22:26</span>\n</p>\n</h4>\n</header>\n<article>\n<p><html><head></head><body>Economists emphasize that current price pressures bode for a longer-term trend.</p><p>U.S. inflation is near its highest level in 40 years, posing challenges for households, businesses and government policymakers. Is the unusual wave of price increases nearing its peak? If so, how long will inflation slow? Most importantly, where will inflation stabilize in the long run?</p><p>Economists give several signals to anticipate U.S. inflation:</p><p><b>1. Short-term inflation momentum</b></p><p>The most watched inflation data is the year-over-year growth rate of the Consumer Price Index (CPI), which measures how quickly prices have risen in a month compared to a year earlier. Lou Crandall, principal analyst at Wrightson ICAP, said that while the metric helps measure longer-term inflation trends, it may be overly focused on past inflation levels. He and other economists depicted the change of CPI from three months ago and the change from the same period last year in the chart below. The former can better reflect the recent inflation trend.</p><p>Changes in CPI from 3 months ago and from the same period last year:</p><p><img src=\"https://static.tigerbbs.com/99823906abcd72310979ec74003f3c92\" tg-width=\"692\" tg-height=\"427\" referrerpolicy=\"no-referrer\"/></p><p><b>2. Potential inflation</b></p><p>These short-term factors of rising oil prices or food prices do not reflect the overall price pressure in the economy. But economists have developed data that can identify inflation in the overall economy.<a href=\"https://laohu8.com/S/BAC\">Bank of America</a>Alex Lin, senior U.S. economist at Global Research, recommends focusing on the Cleveland Fed's 16% trimmed-mean CPI, an inflation measure that eliminates the most extreme price movements and leaves most of the middle price movements. These data can better explain how inflation is formed.</p><p>YoY CPI growth vs. Cleveland Fed's adjusted YoY CPI growth:</p><p><img src=\"https://static.tigerbbs.com/b088341c45c0fd11fe1406a4e8f48de4\" tg-width=\"692\" tg-height=\"428\" referrerpolicy=\"no-referrer\"/></p><p>3、<b>Commodity spree ends</b></p><p>The early days of the pandemic saw a surge in demand for manufactured goods and a sharp drop in demand for services. At the same time, due to the disruption of the supply chain related to the epidemic, the imbalance between supply and demand has caused serious shortages of commodities and rising prices. When consumers return to normal consumption of goods and services, this may reduce the pressure on product prices. One way to measure whether this is happening is to track balance changes across the two broad categories of spending in the Commerce Department's monthly personal consumption expenditures report.</p><p>Comparison of consumption of goods versus consumption of services, adjusted for inflation:</p><p><img src=\"https://static.tigerbbs.com/270b1871372a6120df55fcd89d4847ff\" tg-width=\"693\" tg-height=\"413\" referrerpolicy=\"no-referrer\"/></p><p>4、<b>An overheated labor market</b>Alex Lin said that as consumers return to spending in services, it will be important to focus on wage growth, which tends to rely more on labor than goods production. He said:</p><p>\"If you plot trends over time, you'll see that wages and services inflation complement each other.\" He recommends paying close attention to the Atlanta Fed's wage tracking system, which also allows users to filter data by wage level, demographic group and other factors. A more useful comparison is the number of job-hoppers and the number of workers who stay in place.</p><p>12-month moving average of median annual wage growth:</p><p><img src=\"https://static.tigerbbs.com/2eeb55d3780f1a75410c4e710a744178\" tg-width=\"693\" tg-height=\"415\" referrerpolicy=\"no-referrer\"/></p><p><b>Rental costs</b></p><p>Rapid wage increases will increase American incomes and push up the price of everything-especially the cost of housing. Housing prices are key to understanding where inflation is headed, as housing costs account for nearly a third of CPI. Aichi Amemiya, US economist at Nomura Securities, recommends focusing on<a href=\"https://laohu8.com/S/Z\">Zillow</a>Rent index and Apartment List rent estimate data to better understand housing cost trends.</p><p>Comparison of year-on-year growth rates of three rental indicators:</p><p><img src=\"https://static.tigerbbs.com/c7865239de5d3319c7e85cf6b6c351fc\" tg-width=\"692\" tg-height=\"408\" referrerpolicy=\"no-referrer\"/></p><p><b>6. The automobile market is the key</b></p><p>Prices in the auto market accounted for a large percentage of overall inflation over the past year, Amemiya said. Automobiles and parts contributed 1.3 percentage points of the 8.3% CPI increase in April. Among them, used cars are the biggest factor. For inflation to drop significantly, used car prices would have to drop somewhat. Amemiya recommends looking at Manheim's used car value index, which tends to be a month or two ahead of the CPI series.</p><p>Contribution of automobiles and parts to the year-on-year growth rate of CPI:</p><p><img src=\"https://static.tigerbbs.com/4d21ffc47189383c94c23930e8e7a85f\" tg-width=\"692\" tg-height=\"390\" referrerpolicy=\"no-referrer\"/></p><p><b>7. Parts vulnerable to the epidemic</b>Particularly the tourism industry that is vulnerable to the dramatic impact of the pandemic-especially airline tickets, hotels and car rental. One way to measure consumer attitudes towards the pandemic is the number of travelers passing through airport checkpoints published by the U.S. Transportation Safety Administration, Amemiya said. Data is updated daily and close to real-time metrics.</p><p>Number of passengers at airport checkpoints (7-day moving average):</p><p><img src=\"https://static.tigerbbs.com/b0d59adc1f7615ed86d2db75f5978397\" tg-width=\"693\" tg-height=\"410\" referrerpolicy=\"no-referrer\"/></p><p><b>8. Oil futures</b></p><p>Soaring energy prices have been a major contributor to inflation over the past year, while oil prices have hit record highs this year. Looking at the price of U.S. crude oil futures contracts, you can roughly see where oil prices are likely to be in a few months or a year. In the short term,<a href=\"https://laohu8.com/S/USEG\">US Energy</a>Retail gasoline prices are updated weekly by the Information Agency (EIA). The American Automobile Association (AAA) provides daily gasoline prices by state and nationwide.</p><p>U.S. regular gasoline, all gasoline retail prices:</p><p><img src=\"https://static.tigerbbs.com/79d3825a8b16896d8b12c7432e40c8c0\" tg-width=\"692\" tg-height=\"421\" referrerpolicy=\"no-referrer\"/></p><p><b>9. Inflation expectations</b>Once people start noticing inflation, it inflates itself. That's why so-called inflation expectations are worth watching, Alex Lin said. The median inflation expectation for the next five to 10 years in the University of Michigan's monthly consumer survey is a well-bequeathed measure of inflation expectations. He said,</p><p>\"We've seen some sort of rally-they seem to be at levels consistent with the 2% inflation rate the Fed is trying to set, but if they keep climbing, it will cause more panic.\" Inflation expectations for consumers over the next 5-10 years:</p><p><img src=\"https://static.tigerbbs.com/b0d59adc1f7615ed86d2db75f5978397\" tg-width=\"693\" tg-height=\"410\" referrerpolicy=\"no-referrer\"/></p><p></body></html></p>\n<div class=\"bt-text\">\n\n\n<p> source：<a href=\"https://xnews.jin10.com/details/94629\">金十数据</a></p>\n\n\n</div>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://static.tigerbbs.com/c318bcd91a109139b7d70c76c30bb154","relate_stocks":{},"source_url":"https://xnews.jin10.com/details/94629","is_english":false,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1189522697","content_text":"经济学家强调，当前的物价压力预示着更长期的走势。美国通货膨胀接近40年来的最高水平，这给家庭、企业和政府决策者带来了挑战。异常的价格上涨浪潮是否已接近峰值？如果是这样的话，通胀将会在多长的时间内放缓？最重要的是，从长期来看，通胀会在哪个位置稳定下来?经济学家给出几个信号用来预期美国通胀：1、短期通胀势头最受关注的通胀数据是消费者价格指数（CPI）的同比增速，该指数衡量了一个月与上年同期相比的物价上涨速度。Wrightson ICAP首席分析师Lou Crandall表示，尽管该指标有助于衡量较长期的通胀趋势，但可能过度关注过去的通胀水平。他和其他经济学家将CPI较3个月前的变化和较去年同期的变化描绘在了下图，前者更能体现出近期的通胀趋势。CPI较3个月前和较去年同期的变化：2、潜在通胀油价或食品价格上涨的这些短期因素，不能反映经济中整体的价格压力。但经济学家们已经研究出能识别整体经济通胀的数据。美国银行Global Research高级美国经济学家Alex Lin建议关注克利夫兰联储16%的截尾平均CPI（16% trimmed-mean CPI），该通胀指标剔除了最极端的价格变动，留下了中间大部分的价格变动，这些数据能更好地解释通胀如何形成的。CPI同比增速vs克利夫兰联储经调整后的CPI同比增速：3、大宗商品狂欢结束疫情的早期，人们对制成品的需求激增，而对服务的需求急剧下降。同时，也因与疫情有关的供应链中断，供需失衡，造成商品严重短缺和价格上涨。当消费者回归到正常的商品、服务消费后，这可能会降低产品价格的压力。衡量这种情况是否发生的一种方法是，跟踪商务部月度个人消费支出报告中两大类支出的余额变化。经通胀调整后，商品消费与服务消费的比较：4、过热的劳动力市场Alex Lin表示，随着消费者重新转向服务业消费，关注工资增长将非常重要，因为服务业往往比商品生产更依赖劳动力。他表示：“如果你绘制一段时间的趋势图，你会发现工资和服务业通胀相辅相成。”他建议密切关注亚特兰大联储的工资跟踪系统，该系统还允许用户按工资水平、人口统计群体和其他因素对数据进行筛选。一个比较有用的比较是跳槽者数量和留在原地的工作者数量。工资年增长中位数的12个月移动平均水平：5、租金成本工资的快速增长会增加了美国人的收入，推高了所有东西的价格——尤其是住房成本。住房价格是了解通胀走向的关键，因为住房成本占CPI的近三分之一。Nomura Securities的美国经济学家Aichi Amemiya建议关注Zillow的租金指数和Apartment List的租金预估数据，来更好地了解住房成本趋势。三种租金指标的同比增速对比：6、汽车市场是关键Amemiya表示，过去一年，汽车市场的价格占整体通胀中很大比例。4月份8.3%的CPI增长中，汽车和零部件贡献了1.3个百分点。其中，二手车是最大的因素。要想通胀大幅下降，二手车价格必须有所下降。Amemiya建议关注Manheim的二手车价值指数，该指数往往比CPI系列指数领先一两个月。汽车和零部件对CPI同比增速的贡献：7、易受疫情影响的部分易受疫情大幅影响的特别是旅游业——尤其是机票、酒店和汽车租赁。 Amemiya表示，衡量消费者对疫情态度的一种方法是通过美国交通安全管理局公布的机场检查站的旅客数量。数据每天更新且接近于实时指标。机场检查站的旅客数量（7日移动平均数）：8、石油期货飙升的能源价格是过去一年通货膨胀的主要原因，而油价在今年创下了历史新高。观察美国原油期货合约的价格，可以大致看出几个月或一年后油价可能会达到什么水平。短期来看，美国能源信息署（EIA）每周会更新汽油零售价格。美国汽车协会（AAA）每日会提供各州和全国范围内的汽油价格。美国普通汽油，所有汽油零售价格：9、通胀预期一旦人们开始注意到通货膨胀，它就会自我膨胀。Alex Lin说道，这就是为什么所谓的通胀预期值得关注的原因。密歇根大学月度消费者调查中的未来5至10年的通胀预期中值是遗恨良好的通胀预期指标。他说道：“我们已经看到了某种反弹——它们的水平似乎与美联储试图设定的2%通胀率相一致，但如果它们继续攀升，就会引发更多的恐慌。”未来5-10年消费者的通胀预期：","news_type":1,"symbols_score_info":{}},"isVote":1,"tweetType":1,"viewCount":1460,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9026478178,"gmtCreate":1653433100594,"gmtModify":1676535279115,"author":{"id":"3577343858256661","authorId":"3577343858256661","name":"kenp","avatar":"https://static.tigerbbs.com/658bc030049b2996b0e2f267da086675","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3577343858256661","authorIdStr":"3577343858256661"},"themes":[],"htmlText":"Oh&nbsp;","listText":"Oh&nbsp;","text":"Oh","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9026478178","repostId":"1107384662","repostType":4,"repost":{"id":"1107384662","kind":"news","pubTimestamp":1653404833,"share":"https://ttm.financial/m/news/1107384662?lang=en_US&edition=fundamental","pubTime":"2022-05-24 23:07","market":"us","language":"zh","title":"R&D investment accounts for 14%! Netease layout \"hard technology\"","url":"https://stock-news.laohu8.com/highlight/detail?id=1107384662","media":"上海证券报","summary":"5月24日，网易集团披露2022年一季报，同日云音乐也发布了独立财报。一边是网易提高研发投入，布局“硬科技”端，另一边是云音乐持续巩固音乐人生态，激发内生动力，财务指标进一步优化。去年以来的互联网行业","content":"<p><div>On May 24, NetEase Group disclosed its first quarterly report for 2022, and Cloud Music also released an independent financial report on the same day. On the one hand, NetEase has increased R&D investment and laid out the \"hard technology\" end; on the other hand, Cloud Music continues to consolidate the musician ecology, stimulate endogenous motivation, and further optimize financial indicators. The changes in the Internet industry since last year have allowed NetEase to start cultivating internal strength and forging toughness early. R&D investment accounted for 14% On May 24, NetEase announced its results for the first quarter of 2022. The financial report shows that in the first quarter of this year, NetEase achieved revenue of 23.6 billion yuan, a year-on-year increase of about 15%. Net profit of 4.394 billion yuan was achieved in the first quarter,...</p><p><a href=\"https://mp.weixin.qq.com/s/1eZY9Yp-6BwhQzFbAqeoDQ\">Web link</a></div></p>","source":"shzqb","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>R&D investment accounts for 14%! Netease layout \"hard technology\"</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 12.5px; color: #7E829C; margin: 0;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nR&D investment accounts for 14%! Netease layout \"hard technology\"\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">上海证券报</strong><span class=\"h-time small\">2022-05-24 23:07</span>\n</p>\n</h4>\n</header>\n<article>\n<p><div>On May 24, NetEase Group disclosed its first quarterly report for 2022, and Cloud Music also released an independent financial report on the same day. On the one hand, NetEase has increased R&D investment and laid out the \"hard technology\" end; on the other hand, Cloud Music continues to consolidate the musician ecology, stimulate endogenous motivation, and further optimize financial indicators. The changes in the Internet industry since last year have allowed NetEase to start cultivating internal strength and forging toughness early. R&D investment accounted for 14% On May 24, NetEase announced its results for the first quarter of 2022. The financial report shows that in the first quarter of this year, NetEase achieved revenue of 23.6 billion yuan, a year-on-year increase of about 15%. Net profit of 4.394 billion yuan was achieved in the first quarter,...</p><p><a href=\"https://mp.weixin.qq.com/s/1eZY9Yp-6BwhQzFbAqeoDQ\">Web link</a></div></p>\n<div class=\"bt-text\">\n\n\n<p> source：<a href=\"https://mp.weixin.qq.com/s/1eZY9Yp-6BwhQzFbAqeoDQ\">上海证券报</a></p>\n\n\n</div>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://static.tigerbbs.com/4d8e0305a87df45caf56132a277d0132","relate_stocks":{"NTES":"网易","09999":"网易-S"},"source_url":"https://mp.weixin.qq.com/s/1eZY9Yp-6BwhQzFbAqeoDQ","is_english":false,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1107384662","content_text":"5月24日，网易集团披露2022年一季报，同日云音乐也发布了独立财报。一边是网易提高研发投入，布局“硬科技”端，另一边是云音乐持续巩固音乐人生态，激发内生动力，财务指标进一步优化。去年以来的互联网行业变化，让网易早早开始修炼内功，锻造韧性。研发投入占比14%5月24日，网易公布2022年第一季度业绩。财报显示，今年一季度，网易实现营收236亿元，同比增长约15%。一季度实现净利润43.94亿元，上年同期为44.39亿元。具体来看，一季度，在线游戏服务净收入173亿元，依然是营收的主力。不过，网易显然不满足于做一家纯粹的游戏公司，转型成为一家科技企业，或许才是丁磊对于网易的期许。一季度，网易研发投入为34亿元。研发占收入比达14%，保持行业领先水平。而记者注意到，2020年起，网易研发投入连续两年突破百亿大关，研发人员占比约50%，并被评为国内研发强度前三的企业。这么多的资金都投向了那些领域呢？网易的答案是自研引擎。作为下一时代互联网的基础建设，相关引擎的开发一直是一项被国外企业垄断的核心技术。据了解，截至2021年7月，网易自研的引擎Messiah已支持9款产品研发。同时，Messiah还先后拿下了20多项独创专利技术，已成为有能力支撑世界级品质、全平台发行的大型游戏开发的成熟自研引擎。网易互娱首席游戏软件设计专家、Messiah引擎领衔者赵钰琨对记者表示，Messiah是网易在技术突破上第一次野心勃勃的巨大尝试，也是国内软件研发历史上一个巨大复杂软件成功研发的里程碑。“这些技术是核心，是命脉，不能寄望于别人、不能买、不能借、不能依托于开源或者授权，更不能被别人卡脖子，要牢牢掌握在我们自己的手里。”除了引擎之外，网易已在VR、AR、人工智能、云游戏、区块链等数字经济重点领域，拥有全球领先的技术储备。尤其在人工智能领域，网易多次获得了全球顶级学术会议的认可。此外，网易有道在人工智能领域也取得了突破性的成果。其搭载自主研发YNMT（神经网络翻译）技术和OCR(光学字符识别 )等技术的有道词典笔，平均识别准确率达98.3%，识别速度提升了40%，能有效提高用户的外语学习效率。云音乐内生动力强化相较于硬科技上的不断投入，对于社区的培养则更加考验网易的智慧。自独立上市以来，云音乐作为网易新兴业务中发展强劲的板块而备受关注。财报显示，网易云音乐2022年第一季度净收入为21亿元，同比增长38.6%；得益于会员订阅、社交娱乐的增长以及成本管控的整体改善，2022年第一季度录得毛利润2.52亿元，毛利率大幅提升至12%。在线音乐服务月付费用户数达3674万，同比增长超51%。今年以来疫情反复，线上音乐会成为了越来越多年轻人的选择，而这也为云音乐提供了发展的契机。社交娱乐服务增长的迅速，进一步释放了平台商业化潜力，让云音乐内部寻找到了除付费音乐外，新的增长点。2022年第一季度，社交娱乐服务及其他收入为11.9亿元，同比增长61.6%。音频直播，成为越来越被年轻人接受的新线上社交方式。此外，在音乐社区基本盘上，云音乐平台内生发展动力强劲，注册独立音乐人超45万，同比增长约70%。富有个性的创作者，让用户黏性保持在较高水准。“有这么多的音乐人群体，我们也在思考如何将这块业务做深做透。”一位云音乐内部人士告诉记者，自去年以来，云音乐就开启了一条“深化音乐人服务”的探索之路。今年1月，网易云音乐上线一站式Beat交易平台BeatSoul。而就在近日，网易云音乐发起的业内首届大型原创Beat制作赛事“节奏玩家”落下帷幕，该赛事共吸引近3000位音乐制作人参赛，收到投稿作品达5000余份，因专业度和权威性引发全音乐行业关注。“我们希望这个社区有能给音乐人带来更多创作的灵感，更多收益的途径。”前述人士表示，未来，云音乐将着力为幕后创作人带来持续高效的曝光，促进更多的音乐合作，获得更多的音乐收益，推动原创音乐的全面繁荣。","news_type":1,"symbols_score_info":{"09999":0.9,"NTES":0.9}},"isVote":1,"tweetType":1,"viewCount":1345,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9026081597,"gmtCreate":1653297627519,"gmtModify":1676535255668,"author":{"id":"3577343858256661","authorId":"3577343858256661","name":"kenp","avatar":"https://static.tigerbbs.com/658bc030049b2996b0e2f267da086675","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3577343858256661","authorIdStr":"3577343858256661"},"themes":[],"htmlText":"No&nbsp;","listText":"No&nbsp;","text":"No","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9026081597","repostId":"1162580552","repostType":4,"repost":{"id":"1162580552","kind":"news","weMediaInfo":{"introduction":"追踪全球财经热点，精选影响您财富的资讯，投资理财必备神器！","home_visible":1,"media_name":"华尔街见闻","id":"1084101182","head_image":"https://static.tigerbbs.com/66809d1f5c2e43e2bdf15820c6d6897e"},"pubTimestamp":1653295525,"share":"https://ttm.financial/m/news/1162580552?lang=en_US&edition=fundamental","pubTime":"2022-05-23 16:45","market":"hk","language":"zh","title":"IMF chief warns: Global economy may face \"biggest test since World War II\"","url":"https://stock-news.laohu8.com/highlight/detail?id=1162580552","media":"华尔街见闻","summary":"格奥尔基耶娃称乌克兰冲突“破坏了人们的生活，拖累了经济增长，推高了通货膨胀”，并敦促各国不要“屈服于地缘经济分裂的力量，这将使我们的世界更贫穷、更危险”。但她也承认：“并没有解决最具破坏性分裂的灵丹妙","content":"<p><html><head></head><body>Georgieva called the conflict in Ukraine \"destroying people's lives, dragging down economic growth and driving up inflation\" and urged countries not to \"succumb to the forces of geo-economic division that will make our world poorer and more dangerous.\" But she also acknowledged: \"There is no magic bullet to solve the most destructive division.\" The International Monetary Fund IMF warned of the disintegration of the global economy caused by the Russia-Ukraine conflict, saying that undermining decades of global integration would make the world poorer and more dangerous.</p><p>On the eve of the World Economic Forum in Davos, Switzerland, IMF Managing Director Kristalina Georgieva said in a blog post with IMF First Deputy Managing Director Gita Gopinath and Head of Strategy, Policy and Review Unit Ceyla Pazarbasioglu that the global economy is facing \"its biggest test since World War II\":</p><p>The cost of further disintegration of the ties between countries will be enormous. People at every income level will be hurt-from high-income professionals and middle-income factory workers engaged in exports, to low-income workers who depend on imported food for survival. Many more will embark on dangerous journeys to find opportunities elsewhere. They said,<b>Countries should lower trade barriers to ease shortages and lower prices after more than 30 countries restricted trade in food, energy and other critical commodities.</b>Countries should also diversify imports to secure supply chains and reduce production losses due to supply disruptions.</p><p>They also wrote that the G20 should also improve its common framework for dealing with debt restructuring to help countries in debt distress cope with their vulnerabilities.</p><p>In addition, to modernize the cross-border payment system, countries should work together to create a public digital platform for processing remittances to reduce costs and improve security. Countries must also cooperate to combat climate change.</p><p><b>Georgieva called the conflict in Ukraine \"destroying people's lives, dragging down economic growth and driving up inflation\" and urged countries not to \"succumb to the forces of geo-economic division that will make our world poorer and more dangerous.\" But she also acknowledged: \"There is no magic bullet to solve the most destructive division.\"</b></p><p>In recent days, more and more economists are worried that the world is in recession, Europe is suffering from the cost of living crisis, the United States is moving from boom to bust, and emerging markets are facing food shortages.</p><p>Bloomberg Economics last week released the results of a simulation test simulating the long-term trend of accelerating reversal of globalization. The results show that the planet will become poorer, productivity will drop significantly, and trade will return to the level it was before China joined the World Trade Organization. Plus, inflation could be higher and more volatile.</p><p></body></html></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>IMF chief warns: Global economy may face \"biggest test since World War II\"</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 12.5px; color: #7E829C; margin: 0;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nIMF chief warns: Global economy may face \"biggest test since World War II\"\n</h2>\n<h4 class=\"meta\">\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1084101182\">\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/66809d1f5c2e43e2bdf15820c6d6897e);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">华尔街见闻 </p>\n<p class=\"h-time smaller\">2022-05-23 16:45</p>\n</div>\n</a>\n</h4>\n</header>\n<article>\n<p><html><head></head><body>Georgieva called the conflict in Ukraine \"destroying people's lives, dragging down economic growth and driving up inflation\" and urged countries not to \"succumb to the forces of geo-economic division that will make our world poorer and more dangerous.\" But she also acknowledged: \"There is no magic bullet to solve the most destructive division.\" The International Monetary Fund IMF warned of the disintegration of the global economy caused by the Russia-Ukraine conflict, saying that undermining decades of global integration would make the world poorer and more dangerous.</p><p>On the eve of the World Economic Forum in Davos, Switzerland, IMF Managing Director Kristalina Georgieva said in a blog post with IMF First Deputy Managing Director Gita Gopinath and Head of Strategy, Policy and Review Unit Ceyla Pazarbasioglu that the global economy is facing \"its biggest test since World War II\":</p><p>The cost of further disintegration of the ties between countries will be enormous. People at every income level will be hurt-from high-income professionals and middle-income factory workers engaged in exports, to low-income workers who depend on imported food for survival. Many more will embark on dangerous journeys to find opportunities elsewhere. They said,<b>Countries should lower trade barriers to ease shortages and lower prices after more than 30 countries restricted trade in food, energy and other critical commodities.</b>Countries should also diversify imports to secure supply chains and reduce production losses due to supply disruptions.</p><p>They also wrote that the G20 should also improve its common framework for dealing with debt restructuring to help countries in debt distress cope with their vulnerabilities.</p><p>In addition, to modernize the cross-border payment system, countries should work together to create a public digital platform for processing remittances to reduce costs and improve security. Countries must also cooperate to combat climate change.</p><p><b>Georgieva called the conflict in Ukraine \"destroying people's lives, dragging down economic growth and driving up inflation\" and urged countries not to \"succumb to the forces of geo-economic division that will make our world poorer and more dangerous.\" But she also acknowledged: \"There is no magic bullet to solve the most destructive division.\"</b></p><p>In recent days, more and more economists are worried that the world is in recession, Europe is suffering from the cost of living crisis, the United States is moving from boom to bust, and emerging markets are facing food shortages.</p><p>Bloomberg Economics last week released the results of a simulation test simulating the long-term trend of accelerating reversal of globalization. The results show that the planet will become poorer, productivity will drop significantly, and trade will return to the level it was before China joined the World Trade Organization. Plus, inflation could be higher and more volatile.</p><p></body></html></p>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://static.tigerbbs.com/ad2dd670f9557c66480c84fc5e4bd415","relate_stocks":{},"source_url":"","is_english":false,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1162580552","content_text":"格奥尔基耶娃称乌克兰冲突“破坏了人们的生活，拖累了经济增长，推高了通货膨胀”，并敦促各国不要“屈服于地缘经济分裂的力量，这将使我们的世界更贫穷、更危险”。但她也承认：“并没有解决最具破坏性分裂的灵丹妙药。”国际货币基金组织IMF对俄乌冲突导致的全球经济分崩离析发出警告，称破坏数十年的全球一体化将使世界更贫穷、更危险。在瑞士达沃斯世界经济论坛召开前夕，IMF总裁格奥尔基耶娃（Kristalina Georgieva）与IMF第一副总裁 Gita Gopinath 以及战略、政策和审查部门负责人 Ceyla Pazarbasioglu 在一篇博客文章中表示，全球经济正面临“自二战以来的最大考验”：各国之间的联系进一步瓦解的代价将是巨大的。各个收入水平的人都将受到伤害——从高收入专业人士和从事出口的中等收入工厂工人，到依赖进口食品生存的低收入工人。更多的人将踏上危险的旅程，到其他地方寻找机会。他们表示，在30多个国家限制食品、能源和其他关键商品的贸易后，各国应降低贸易壁垒，以缓解短缺并降低价格。各国还应使进口多样化，以确保供应链的安全，并减少因供应中断造成的产量损失。他们还写道，G20还应改善其处理债务重组的共同框架，以帮助陷入债务困境的国家，应对其脆弱性。另外，还要实现跨境支付系统的现代化，各国应共同努力创建一个处理汇款的公共数字平台，以降低成本并提高安全性。各国还必须合作应对气候变化。格奥尔基耶娃称乌克兰冲突“破坏了人们的生活，拖累了经济增长，推高了通货膨胀”，并敦促各国不要“屈服于地缘经济分裂的力量，这将使我们的世界更贫穷、更危险”。但她也承认：“并没有解决最具破坏性分裂的灵丹妙药。”近日来，越来越多的经济学家担心，全球正陷入经济衰退，欧洲遭受生活成本危机，美国从繁荣走向萧条，新兴市场面临粮食短缺。彭博经济上周发布了一项模拟测试的结果，模拟全球化加速逆转的长期趋势。结果表明，地球将变得更加贫穷，生产力也将大幅下降，贸易将回到中国加入世界贸易组织之前的水平。另外，通胀可能会更高、更不稳定。","news_type":1,"symbols_score_info":{}},"isVote":1,"tweetType":1,"viewCount":1920,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9028601178,"gmtCreate":1653204589394,"gmtModify":1676535240167,"author":{"id":"3577343858256661","authorId":"3577343858256661","name":"kenp","avatar":"https://static.tigerbbs.com/658bc030049b2996b0e2f267da086675","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3577343858256661","authorIdStr":"3577343858256661"},"themes":[],"htmlText":"K&nbsp;","listText":"K&nbsp;","text":"K","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9028601178","repostId":"615784506","repostType":1,"repost":{"id":615784506,"gmtCreate":1653196473505,"gmtModify":1676533133826,"author":{"id":"3561588058603386","authorId":"3561588058603386","name":"孟析笔谈","avatar":"https://static.tigerbbs.com/7c19d993767ff7603cd9012a54472164","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3561588058603386","authorIdStr":"3561588058603386"},"themes":[],"title":"心理專家線上“開方送藥”！海信冰箱公益課堂聽得家長心裏暖暖的","htmlText":"家有兒女初長成，父母和老師一邊歡喜一邊憂。5月20日，海信真空冰箱·雨辰助學邀請青島理工大學劉志燕教授，以《兒童發展階段心理特點分析》爲主題，通過網上公益課堂，展開了一場針對孩子的“發現之旅”。此次公益講座，劉志燕教授以心理學精神分析爲理論基礎，以孩子常見的情緒變化、學習下滑、親子關係緊張等現象入手，深入淺出地分析講解如何破解孩子們的“心理密碼”，並告訴父母及老師這種現象背後的深層原因，用“反思”的方法，爲父母和老師尋找到解決“叛逆”的“錦囊祕籍”。劉志燕表示，孩子們出現這些情況並不可怕，可怕的在於老師和家長們的忽視、無知與冷漠，她在線上課堂傳授了幾個老師和父母與孩子溝通的小技巧。“其實很簡單，就是從愛和信任開始。家長要做的就是花時間和孩子單獨相處，分享自己的感受和生活，多交流。老師要做到相信孩子，尊重孩子，支持孩子，當好他成長路上的‘引路人’。”據瞭解，在這個特殊的疫情期，爲了讓孩子在家也能有精彩的社會見識，不錯過書本之外的可能性，海信真空冰箱·雨辰助學廣邀講師在線上開辦公益課堂。繼王晴老師的硬筆書法課和劉志燕教授的心理課堂獲得成功之後，海信真空冰箱·雨辰助學還將繼續深入挖掘課題，爲助學孩子們帶來更多新鮮實用的公益課堂，讓他們足不出戶也能“見世界”。","listText":"家有兒女初長成，父母和老師一邊歡喜一邊憂。5月20日，海信真空冰箱·雨辰助學邀請青島理工大學劉志燕教授，以《兒童發展階段心理特點分析》爲主題，通過網上公益課堂，展開了一場針對孩子的“發現之旅”。此次公益講座，劉志燕教授以心理學精神分析爲理論基礎，以孩子常見的情緒變化、學習下滑、親子關係緊張等現象入手，深入淺出地分析講解如何破解孩子們的“心理密碼”，並告訴父母及老師這種現象背後的深層原因，用“反思”的方法，爲父母和老師尋找到解決“叛逆”的“錦囊祕籍”。劉志燕表示，孩子們出現這些情況並不可怕，可怕的在於老師和家長們的忽視、無知與冷漠，她在線上課堂傳授了幾個老師和父母與孩子溝通的小技巧。“其實很簡單，就是從愛和信任開始。家長要做的就是花時間和孩子單獨相處，分享自己的感受和生活，多交流。老師要做到相信孩子，尊重孩子，支持孩子，當好他成長路上的‘引路人’。”據瞭解，在這個特殊的疫情期，爲了讓孩子在家也能有精彩的社會見識，不錯過書本之外的可能性，海信真空冰箱·雨辰助學廣邀講師在線上開辦公益課堂。繼王晴老師的硬筆書法課和劉志燕教授的心理課堂獲得成功之後，海信真空冰箱·雨辰助學還將繼續深入挖掘課題，爲助學孩子們帶來更多新鮮實用的公益課堂，讓他們足不出戶也能“見世界”。","text":"家有兒女初長成，父母和老師一邊歡喜一邊憂。5月20日，海信真空冰箱·雨辰助學邀請青島理工大學劉志燕教授，以《兒童發展階段心理特點分析》爲主題，通過網上公益課堂，展開了一場針對孩子的“發現之旅”。此次公益講座，劉志燕教授以心理學精神分析爲理論基礎，以孩子常見的情緒變化、學習下滑、親子關係緊張等現象入手，深入淺出地分析講解如何破解孩子們的“心理密碼”，並告訴父母及老師這種現象背後的深層原因，用“反思”的方法，爲父母和老師尋找到解決“叛逆”的“錦囊祕籍”。劉志燕表示，孩子們出現這些情況並不可怕，可怕的在於老師和家長們的忽視、無知與冷漠，她在線上課堂傳授了幾個老師和父母與孩子溝通的小技巧。“其實很簡單，就是從愛和信任開始。家長要做的就是花時間和孩子單獨相處，分享自己的感受和生活，多交流。老師要做到相信孩子，尊重孩子，支持孩子，當好他成長路上的‘引路人’。”據瞭解，在這個特殊的疫情期，爲了讓孩子在家也能有精彩的社會見識，不錯過書本之外的可能性，海信真空冰箱·雨辰助學廣邀講師在線上開辦公益課堂。繼王晴老師的硬筆書法課和劉志燕教授的心理課堂獲得成功之後，海信真空冰箱·雨辰助學還將繼續深入挖掘課題，爲助學孩子們帶來更多新鮮實用的公益課堂，讓他們足不出戶也能“見世界”。","images":[{"img":"https://static.tigerbbs.com/cf1f128a94b5289fdf1ad51776500593"}],"top":1,"highlighted":1,"essential":1,"paper":2,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/615784506","isVote":1,"tweetType":1,"viewCount":0,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"CN","totalScore":0},"isVote":1,"tweetType":1,"viewCount":1599,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9028601349,"gmtCreate":1653204577882,"gmtModify":1676535240160,"author":{"id":"3577343858256661","authorId":"3577343858256661","name":"kenp","avatar":"https://static.tigerbbs.com/658bc030049b2996b0e2f267da086675","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3577343858256661","authorIdStr":"3577343858256661"},"themes":[],"htmlText":"K&nbsp;","listText":"K&nbsp;","text":"K","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9028601349","repostId":"615787219","repostType":1,"repost":{"id":615787219,"gmtCreate":1653197882631,"gmtModify":1676533134036,"author":{"id":"4099445609802530","authorId":"4099445609802530","name":"读懂数字财经","avatar":"https://static.tigerbbs.com/81b9527f1fd2c3dab409752c5c6c9411","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4099445609802530","authorIdStr":"4099445609802530"},"themes":[],"title":"螞蟻集團如何重塑想象力（下）：兩張進展不順利的關鍵牌照","htmlText":"如果需要,支付寶可以上交給國家——馬雲筆者在《螞蟻，氣虛，筋骨強》一文中提到：螞蟻集團的根基是用戶、數據和流量，而這些不是信貸業務帶來的，而是以支付、生活、金融科技的整個生態帶來的，信貸業務只不過是螞蟻的變現方式。雖然筆者依然堅持當初的觀點，但不得不承認：信貸是數據最好的變現方式。螞蟻要扭轉頹勢，必須解決微貸科技平臺的問題。方案無非兩個：保住信貸業務或是找到信貸業務的替代品。對於第一個解決方案，其實螞蟻的微貸科技平臺一直有一個更好的解決方案“讓網商銀行承載這部分業務”，但若是這麼做，螞蟻收益只能有30%。退而求其次，含金量比網絡小貸更高、收益比例比網商銀行更高的消費金融牌照就成了一個斷臂求生的方案。螞蟻集團佔消金公司股權比例爲50%，雖然收益比例大幅降低，但相比於服務銀行放貸，螞蟻消金自己放貸，承擔了更大的風險，自然也會分得更多蛋糕，隨着不斷增資，總收益說不定可以與整改前持平甚至更高。一切看上去都在向好的方向發展，但意外如期而至——剛開年，中國信達、魚躍醫療等機構認購螞蟻消費金融股權計劃生變。輿論場也有一些壞消息傳來。有媒體曝出：我國的相關國企、銀行等已經接到了通知，將對螞蟻集團的相關業務進行新一輪的全面排查，目的是查明這些國企對螞蟻集團的投資及其他關聯。據第一消費金融：知名消費貸巨頭A公司持續在被限制消費貸管理規模，目前，A公司通過旗下消費貸產品B和產品C管理規模已經降低到萬億以下。監管對該公司的管理規模預期，第一目標是降低到3500億元。消費貸巨頭A是誰，顯而易見。第二個解決方案，錢塘徵信自然是最好的載體。2021年7月，人民銀行徵信管理局給網絡平臺機構下發通知，要求網絡平臺實現個人信息與金融機構的全面“斷直連”，過去的無冕之王“芝麻信用”不可能繼續裸奔，形勢比2020年外灘峯會後更加嚴峻。個人徵信牌照迫在眉睫。以螞蟻的實力，參股個人徵信牌照不是問題，但問題就出在“參股","listText":"如果需要,支付寶可以上交給國家——馬雲筆者在《螞蟻，氣虛，筋骨強》一文中提到：螞蟻集團的根基是用戶、數據和流量，而這些不是信貸業務帶來的，而是以支付、生活、金融科技的整個生態帶來的，信貸業務只不過是螞蟻的變現方式。雖然筆者依然堅持當初的觀點，但不得不承認：信貸是數據最好的變現方式。螞蟻要扭轉頹勢，必須解決微貸科技平臺的問題。方案無非兩個：保住信貸業務或是找到信貸業務的替代品。對於第一個解決方案，其實螞蟻的微貸科技平臺一直有一個更好的解決方案“讓網商銀行承載這部分業務”，但若是這麼做，螞蟻收益只能有30%。退而求其次，含金量比網絡小貸更高、收益比例比網商銀行更高的消費金融牌照就成了一個斷臂求生的方案。螞蟻集團佔消金公司股權比例爲50%，雖然收益比例大幅降低，但相比於服務銀行放貸，螞蟻消金自己放貸，承擔了更大的風險，自然也會分得更多蛋糕，隨着不斷增資，總收益說不定可以與整改前持平甚至更高。一切看上去都在向好的方向發展，但意外如期而至——剛開年，中國信達、魚躍醫療等機構認購螞蟻消費金融股權計劃生變。輿論場也有一些壞消息傳來。有媒體曝出：我國的相關國企、銀行等已經接到了通知，將對螞蟻集團的相關業務進行新一輪的全面排查，目的是查明這些國企對螞蟻集團的投資及其他關聯。據第一消費金融：知名消費貸巨頭A公司持續在被限制消費貸管理規模，目前，A公司通過旗下消費貸產品B和產品C管理規模已經降低到萬億以下。監管對該公司的管理規模預期，第一目標是降低到3500億元。消費貸巨頭A是誰，顯而易見。第二個解決方案，錢塘徵信自然是最好的載體。2021年7月，人民銀行徵信管理局給網絡平臺機構下發通知，要求網絡平臺實現個人信息與金融機構的全面“斷直連”，過去的無冕之王“芝麻信用”不可能繼續裸奔，形勢比2020年外灘峯會後更加嚴峻。個人徵信牌照迫在眉睫。以螞蟻的實力，參股個人徵信牌照不是問題，但問題就出在“參股","text":"如果需要,支付寶可以上交給國家——馬雲筆者在《螞蟻，氣虛，筋骨強》一文中提到：螞蟻集團的根基是用戶、數據和流量，而這些不是信貸業務帶來的，而是以支付、生活、金融科技的整個生態帶來的，信貸業務只不過是螞蟻的變現方式。雖然筆者依然堅持當初的觀點，但不得不承認：信貸是數據最好的變現方式。螞蟻要扭轉頹勢，必須解決微貸科技平臺的問題。方案無非兩個：保住信貸業務或是找到信貸業務的替代品。對於第一個解決方案，其實螞蟻的微貸科技平臺一直有一個更好的解決方案“讓網商銀行承載這部分業務”，但若是這麼做，螞蟻收益只能有30%。退而求其次，含金量比網絡小貸更高、收益比例比網商銀行更高的消費金融牌照就成了一個斷臂求生的方案。螞蟻集團佔消金公司股權比例爲50%，雖然收益比例大幅降低，但相比於服務銀行放貸，螞蟻消金自己放貸，承擔了更大的風險，自然也會分得更多蛋糕，隨着不斷增資，總收益說不定可以與整改前持平甚至更高。一切看上去都在向好的方向發展，但意外如期而至——剛開年，中國信達、魚躍醫療等機構認購螞蟻消費金融股權計劃生變。輿論場也有一些壞消息傳來。有媒體曝出：我國的相關國企、銀行等已經接到了通知，將對螞蟻集團的相關業務進行新一輪的全面排查，目的是查明這些國企對螞蟻集團的投資及其他關聯。據第一消費金融：知名消費貸巨頭A公司持續在被限制消費貸管理規模，目前，A公司通過旗下消費貸產品B和產品C管理規模已經降低到萬億以下。監管對該公司的管理規模預期，第一目標是降低到3500億元。消費貸巨頭A是誰，顯而易見。第二個解決方案，錢塘徵信自然是最好的載體。2021年7月，人民銀行徵信管理局給網絡平臺機構下發通知，要求網絡平臺實現個人信息與金融機構的全面“斷直連”，過去的無冕之王“芝麻信用”不可能繼續裸奔，形勢比2020年外灘峯會後更加嚴峻。個人徵信牌照迫在眉睫。以螞蟻的實力，參股個人徵信牌照不是問題，但問題就出在“參股","images":[{"img":"https://static.tigerbbs.com/f36fd9a13d04d3df702ccf952bb8e5e8"}],"top":1,"highlighted":1,"essential":1,"paper":2,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/615787219","isVote":1,"tweetType":1,"viewCount":0,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"CN","totalScore":0},"isVote":1,"tweetType":1,"viewCount":1257,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9028603550,"gmtCreate":1653204471970,"gmtModify":1676535240152,"author":{"id":"3577343858256661","authorId":"3577343858256661","name":"kenp","avatar":"https://static.tigerbbs.com/658bc030049b2996b0e2f267da086675","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3577343858256661","authorIdStr":"3577343858256661"},"themes":[],"htmlText":"oh","listText":"oh","text":"oh","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9028603550","repostId":"1176182387","repostType":4,"isVote":1,"tweetType":1,"viewCount":1524,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9021544123,"gmtCreate":1653090673662,"gmtModify":1676535220738,"author":{"id":"3577343858256661","authorId":"3577343858256661","name":"kenp","avatar":"https://static.tigerbbs.com/658bc030049b2996b0e2f267da086675","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3577343858256661","authorIdStr":"3577343858256661"},"themes":[],"htmlText":"K&nbsp;","listText":"K&nbsp;","text":"K","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9021544123","repostId":"2237028422","repostType":4,"isVote":1,"tweetType":1,"viewCount":1923,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9021544951,"gmtCreate":1653090661673,"gmtModify":1676535220747,"author":{"id":"3577343858256661","authorId":"3577343858256661","name":"kenp","avatar":"https://static.tigerbbs.com/658bc030049b2996b0e2f267da086675","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3577343858256661","authorIdStr":"3577343858256661"},"themes":[],"htmlText":"Oh&nbsp;","listText":"Oh&nbsp;","text":"Oh","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9021544951","repostId":"2237028422","repostType":4,"isVote":1,"tweetType":1,"viewCount":1059,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9021830511,"gmtCreate":1653022513633,"gmtModify":1676535210439,"author":{"id":"3577343858256661","authorId":"3577343858256661","name":"kenp","avatar":"https://static.tigerbbs.com/658bc030049b2996b0e2f267da086675","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3577343858256661","authorIdStr":"3577343858256661"},"themes":[],"htmlText":"K&nbsp;","listText":"K&nbsp;","text":"K","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9021830511","repostId":"2236063801","repostType":4,"repost":{"id":"2236063801","kind":"highlight","pubTimestamp":1653274939,"share":"https://ttm.financial/m/news/2236063801?lang=en_US&edition=fundamental","pubTime":"2022-05-23 11:02","market":"us","language":"zh","title":"History as a Mirror: The S&P 500 is one step away from a bear market, and worse is yet to come","url":"https://stock-news.laohu8.com/highlight/detail?id=2236063801","media":"华尔街见闻","summary":"摘要：自二战以来美股已经出现了17个熊市：平均持续时间大约为一年，从峰值到谷底的跌幅接近30%。在连续的跌跌不休之后，标普500指数较今年1月3日峰值已经下挫18%，而跌幅一旦达到20%就将进入传统定","content":"<p><html><head></head><body><b>Summary:</b><b>Since World War II, there have been 17 bear markets in U.S. stocks: the average duration is about one year, and the decline from peak to trough is close to 30%.</b>After continuous declines, the S&P 500 index has fallen by 18% from its peak on January 3 this year, and once the decline reaches 20%, it will enter a bear market as traditionally defined.</p><p>However, some voices pointed out that the S&P 500 index has actually been a bear market style in the past few weeks.</p><p>Business media MarketWatch mentioned that Mike Mullaney, head of global market research at investment institution Boston Partners, said that so far,<b>61% of the constituent stocks in the S&P 500 have entered a bear market.</b></p><p>Thomas Mathews of research firm Capital Economics believes that the S&P 500 index can easily hit a low of 3,750 points), and as more earnings reports that are less than expected are gradually released, the S&P 500 index may continue to decline.</p><p>This Thursday, as the second largest retail consumer group in the United States<a href=\"https://laohu8.com/S/TGT\">Target</a>Performance \"thunderstorm\", superimposed the day before<a href=\"https://laohu8.com/S/WMT\">Walmart</a>Earnings fell short of expectations, and the S&P 500 recorded its biggest one-day drop since June 11, 2020 on Sunday.</p><p><b>So from the perspective of historical experience, how will the S&P 500 index develop after entering a bear market?</b></p><p>Ryan Detrick, chief market strategist at investment management platform LPL Financial, said in a report on Wednesday that there have been 17 bear markets (or near bear markets) in U.S. stocks since World War II.</p><p><b>Generally speaking, once the S&P 500 enters a bear market, it will fall further. The average duration is roughly one year, with a peak-to-trough decline of nearly 30%.</b></p><p><img src=\"https://static.tigerbbs.com/6dc93d74246082b1811e825fa9d955b4\" tg-width=\"1582\" tg-height=\"1280\" referrerpolicy=\"no-referrer\"/></p><p>During the financial crisis of 2007-2009, the bear market of the S&P 500 index lasted for 17 months, and it hit an all-time high of 57%.</p><p>The longest-lasting bear market occurred in 1973-1974, when the S&P 500 index fell 48.2% in nearly 21 months.</p><p>The shortest-lasting bear market occurred at the outbreak of the epidemic in early 2020, when the S&P 500 index fell nearly 34% in 23 trading days and bottomed out on March 23, before starting a bull market.</p><p><h2>Can \"P/E\" be preserved under the economic recession crisis?</h2>Capital Economics Mathews believes that although the S&P 500 index is only one step away from a bear market, the profit expectations of constituent stocks are still worth looking forward to.</p><p>He stressed that analysts have been expecting S&P 500 stocks to achieve nearly double-digit earnings growth in the next few years. Economists also believe that 12-month forward earnings estimates for these constituent stocks are still about 16% higher than before the pandemic.</p><p>But according to di Galoma, managing director of asset manager Seaport Global Holdings,<b>At present, there is an underestimated risk factor, that is, how quickly financial and economic conditions will deteriorate in the current environment, and how it will impact the stock market.</b></p><p>di Galoma said the pace of economic deterioration is \"accelerating and will be much faster than people think.\" He expects the U.S. economy to fall into recession in early 2023 and \"this recession will be very severe.\"</p><p>Mathews also pointed out,<b>The Federal Reserve's monetary policy is another \"key shock\" that may have an impact on the stock P/E.</b></p><p>At present, the Federal Reserve is still preparing to continue to \"collect water\" aggressively, starting to reduce its balance sheet of nearly US $9 trillion next month, and rate hike by 50 basis points at its two meetings in June and July.</p><p><b>But what's happening now is that investors are trying to ignore the impact of rate hike.</b>Previously, in early May, when Federal Reserve Chairman Powell said that he had not actively considered rate hike 75 basis points, the market immediately cheered. However, the next day, he began to \"return to reality\", causing the Dow to plummet a thousand points, the Nasdaq to plummet 5%, and the S&P 500 The index plunged 3.5%.</p><p></body></html></p>","source":"wallstreetcn_api","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>History as a Mirror: The S&P 500 is one step away from a bear market, and worse is yet to come</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; 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}\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 12.5px; color: #7E829C; margin: 0;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nHistory as a Mirror: The S&P 500 is one step away from a bear market, and worse is yet to come\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">华尔街见闻</strong><span class=\"h-time small\">2022-05-23 11:02</span>\n</p>\n</h4>\n</header>\n<article>\n<p><html><head></head><body><b>Summary:</b><b>Since World War II, there have been 17 bear markets in U.S. stocks: the average duration is about one year, and the decline from peak to trough is close to 30%.</b>After continuous declines, the S&P 500 index has fallen by 18% from its peak on January 3 this year, and once the decline reaches 20%, it will enter a bear market as traditionally defined.</p><p>However, some voices pointed out that the S&P 500 index has actually been a bear market style in the past few weeks.</p><p>Business media MarketWatch mentioned that Mike Mullaney, head of global market research at investment institution Boston Partners, said that so far,<b>61% of the constituent stocks in the S&P 500 have entered a bear market.</b></p><p>Thomas Mathews of research firm Capital Economics believes that the S&P 500 index can easily hit a low of 3,750 points), and as more earnings reports that are less than expected are gradually released, the S&P 500 index may continue to decline.</p><p>This Thursday, as the second largest retail consumer group in the United States<a href=\"https://laohu8.com/S/TGT\">Target</a>Performance \"thunderstorm\", superimposed the day before<a href=\"https://laohu8.com/S/WMT\">Walmart</a>Earnings fell short of expectations, and the S&P 500 recorded its biggest one-day drop since June 11, 2020 on Sunday.</p><p><b>So from the perspective of historical experience, how will the S&P 500 index develop after entering a bear market?</b></p><p>Ryan Detrick, chief market strategist at investment management platform LPL Financial, said in a report on Wednesday that there have been 17 bear markets (or near bear markets) in U.S. stocks since World War II.</p><p><b>Generally speaking, once the S&P 500 enters a bear market, it will fall further. The average duration is roughly one year, with a peak-to-trough decline of nearly 30%.</b></p><p><img src=\"https://static.tigerbbs.com/6dc93d74246082b1811e825fa9d955b4\" tg-width=\"1582\" tg-height=\"1280\" referrerpolicy=\"no-referrer\"/></p><p>During the financial crisis of 2007-2009, the bear market of the S&P 500 index lasted for 17 months, and it hit an all-time high of 57%.</p><p>The longest-lasting bear market occurred in 1973-1974, when the S&P 500 index fell 48.2% in nearly 21 months.</p><p>The shortest-lasting bear market occurred at the outbreak of the epidemic in early 2020, when the S&P 500 index fell nearly 34% in 23 trading days and bottomed out on March 23, before starting a bull market.</p><p><h2>Can \"P/E\" be preserved under the economic recession crisis?</h2>Capital Economics Mathews believes that although the S&P 500 index is only one step away from a bear market, the profit expectations of constituent stocks are still worth looking forward to.</p><p>He stressed that analysts have been expecting S&P 500 stocks to achieve nearly double-digit earnings growth in the next few years. Economists also believe that 12-month forward earnings estimates for these constituent stocks are still about 16% higher than before the pandemic.</p><p>But according to di Galoma, managing director of asset manager Seaport Global Holdings,<b>At present, there is an underestimated risk factor, that is, how quickly financial and economic conditions will deteriorate in the current environment, and how it will impact the stock market.</b></p><p>di Galoma said the pace of economic deterioration is \"accelerating and will be much faster than people think.\" He expects the U.S. economy to fall into recession in early 2023 and \"this recession will be very severe.\"</p><p>Mathews also pointed out,<b>The Federal Reserve's monetary policy is another \"key shock\" that may have an impact on the stock P/E.</b></p><p>At present, the Federal Reserve is still preparing to continue to \"collect water\" aggressively, starting to reduce its balance sheet of nearly US $9 trillion next month, and rate hike by 50 basis points at its two meetings in June and July.</p><p><b>But what's happening now is that investors are trying to ignore the impact of rate hike.</b>Previously, in early May, when Federal Reserve Chairman Powell said that he had not actively considered rate hike 75 basis points, the market immediately cheered. However, the next day, he began to \"return to reality\", causing the Dow to plummet a thousand points, the Nasdaq to plummet 5%, and the S&P 500 The index plunged 3.5%.</p><p></body></html></p>\n<div class=\"bt-text\">\n\n\n<p> source：<a href=\"https://wallstreetcn.com/articles/3659886\">华尔街见闻</a></p>\n\n\n</div>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://static.tigerbbs.com/5d1fe578ee46cbe0d24c33435ff25ae5","relate_stocks":{"161125":"标普500","513500":"标普500ETF","SDS":"两倍做空标普500 ETF-ProShares",".SPX":"S&P 500 Index","BK4550":"红杉资本持仓","BK4534":"瑞士信贷持仓","SPXU":"三倍做空标普500ETF-ProShares","SPY":"标普500ETF","SH":"做空标普500-Proshares","IVV":"标普500ETF-iShares","OEX":"标普100","SSO":"2倍做多标普500ETF-ProShares","BK4581":"高盛持仓","BK4504":"桥水持仓","BK4559":"巴菲特持仓","OEF":"标普100指数ETF-iShares","UPRO":"三倍做多标普500ETF-ProShares"},"source_url":"https://wallstreetcn.com/articles/3659886","is_english":false,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2236063801","content_text":"摘要：自二战以来美股已经出现了17个熊市：平均持续时间大约为一年，从峰值到谷底的跌幅接近30%。在连续的跌跌不休之后，标普500指数较今年1月3日峰值已经下挫18%，而跌幅一旦达到20%就将进入传统定义上的熊市。然而有声音指出，在过去数周标普500指数其实已经是熊市风格。商业媒体MarketWatch提及，投资机构Boston Partners全球市场研究主管Mike Mullaney表示，到目前为止，标普500指数中61%的成分股已经进入熊市。研究机构凯投宏观的Thomas Mathews认为，标普500指数很容易触及3750点的低位），并且随着更多不及预期的财报逐步公布，标普500指数或将继续下行。本周四由于美国第二大零售消费集团塔吉特业绩“暴雷”，叠加前一天沃尔玛财报成绩低于预期，标普500指数在周日创下2020年6月11日以来的最大单日跌幅。那么从历史经验来看，标普500指数进入熊市后会如何发展？投资管理平台LPL Financial首席市场策略师Ryan Detrick在周三报告中表示，自二战以来美股已经出现了17个熊市（或接近熊市）。而一般来说，标普500指数一旦进入熊市，就会进一步下跌。平均持续时间大约为一年，从峰值到谷底的跌幅接近30%。在2007年-2009年的金融危机中，标普500指数的熊市行情长达17个月，并且创下历史最高57%的跌幅。持续时间最长的熊市发生在1973年-1974年，标普500指数在近21个月的时间内下挫48.2%。持续时间最短的熊市发生在2020年初疫情爆发之时，当时标普500指数在23个交易日内重挫近34%，并在3月23日触底，之后便开启了牛市行情。经济衰退危机下 “市盈率”能否保住？凯投宏观Mathews认为，尽管标普500指数距离熊市仅一步之遥，但是成分股的盈利预期仍值得期待。他对此强调称，分析师们一直预计标普500指数成分股将在未来几年内实现近两位数的盈利增长。经济学家也认为，这些成分股的12个月远期盈利预期仍比疫情前高出16%左右。但是按照资产管理机构Seaport Global Holdings的董事总经理di Galoma的说法，当前有一个风险因素被低估，那就是在当前环境下金融和经济状况会以多快的速度恶化，会对股市造成怎样的冲击。di Galoma表示经济恶化速度“正在加速，而且会比人们想象的要快得多”，他预计美国经济将在 2023年初陷入衰退，并且“这次衰退将非常严重”。Mathews同样指出，美联储的货币政策就是另一个“关键冲击”，可能会对股票市盈率造成影响。当前美联储仍旧准备继续激进“收水”，从下月开始缩减近9万亿美元的资产负债表，并在6月和7月两次会议上分别加息50个基点。但现在的情况是，投资者正在试图忽略加息的影响。此前在5月初当美联储主席鲍威尔表示未积极考虑加息75个基点，市场随即欢呼雀跃，然而在第二天就开始“回归现实”，导致道指狂泻千点，纳指暴跌5%，标普500指数重挫3.5%。","news_type":1,"symbols_score_info":{"161125":0.6,"513500":0.6,"UPRO":0.6,"OEX":0.6,".SPX":0.6,"OEF":0.6,"ESmain":0.6,"SSO":0.6,"SH":0.6,"SPXU":0.6,"SPY":1,"IVV":0.6,"SDS":0.6}},"isVote":1,"tweetType":1,"viewCount":1328,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9021830661,"gmtCreate":1653022505753,"gmtModify":1676535210431,"author":{"id":"3577343858256661","authorId":"3577343858256661","name":"kenp","avatar":"https://static.tigerbbs.com/658bc030049b2996b0e2f267da086675","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3577343858256661","authorIdStr":"3577343858256661"},"themes":[],"htmlText":"Oh&nbsp;","listText":"Oh&nbsp;","text":"Oh","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9021830661","repostId":"2236063801","repostType":4,"repost":{"id":"2236063801","kind":"highlight","pubTimestamp":1653274939,"share":"https://ttm.financial/m/news/2236063801?lang=en_US&edition=fundamental","pubTime":"2022-05-23 11:02","market":"us","language":"zh","title":"History as a Mirror: The S&P 500 is one step away from a bear market, and worse is yet to come","url":"https://stock-news.laohu8.com/highlight/detail?id=2236063801","media":"华尔街见闻","summary":"摘要：自二战以来美股已经出现了17个熊市：平均持续时间大约为一年，从峰值到谷底的跌幅接近30%。在连续的跌跌不休之后，标普500指数较今年1月3日峰值已经下挫18%，而跌幅一旦达到20%就将进入传统定","content":"<p><html><head></head><body><b>Summary:</b><b>Since World War II, there have been 17 bear markets in U.S. stocks: the average duration is about one year, and the decline from peak to trough is close to 30%.</b>After continuous declines, the S&P 500 index has fallen by 18% from its peak on January 3 this year, and once the decline reaches 20%, it will enter a bear market as traditionally defined.</p><p>However, some voices pointed out that the S&P 500 index has actually been a bear market style in the past few weeks.</p><p>Business media MarketWatch mentioned that Mike Mullaney, head of global market research at investment institution Boston Partners, said that so far,<b>61% of the constituent stocks in the S&P 500 have entered a bear market.</b></p><p>Thomas Mathews of research firm Capital Economics believes that the S&P 500 index can easily hit a low of 3,750 points), and as more earnings reports that are less than expected are gradually released, the S&P 500 index may continue to decline.</p><p>This Thursday, as the second largest retail consumer group in the United States<a href=\"https://laohu8.com/S/TGT\">Target</a>Performance \"thunderstorm\", superimposed the day before<a href=\"https://laohu8.com/S/WMT\">Walmart</a>Earnings fell short of expectations, and the S&P 500 recorded its biggest one-day drop since June 11, 2020 on Sunday.</p><p><b>So from the perspective of historical experience, how will the S&P 500 index develop after entering a bear market?</b></p><p>Ryan Detrick, chief market strategist at investment management platform LPL Financial, said in a report on Wednesday that there have been 17 bear markets (or near bear markets) in U.S. stocks since World War II.</p><p><b>Generally speaking, once the S&P 500 enters a bear market, it will fall further. The average duration is roughly one year, with a peak-to-trough decline of nearly 30%.</b></p><p><img src=\"https://static.tigerbbs.com/6dc93d74246082b1811e825fa9d955b4\" tg-width=\"1582\" tg-height=\"1280\" referrerpolicy=\"no-referrer\"/></p><p>During the financial crisis of 2007-2009, the bear market of the S&P 500 index lasted for 17 months, and it hit an all-time high of 57%.</p><p>The longest-lasting bear market occurred in 1973-1974, when the S&P 500 index fell 48.2% in nearly 21 months.</p><p>The shortest-lasting bear market occurred at the outbreak of the epidemic in early 2020, when the S&P 500 index fell nearly 34% in 23 trading days and bottomed out on March 23, before starting a bull market.</p><p><h2>Can \"P/E\" be preserved under the economic recession crisis?</h2>Capital Economics Mathews believes that although the S&P 500 index is only one step away from a bear market, the profit expectations of constituent stocks are still worth looking forward to.</p><p>He stressed that analysts have been expecting S&P 500 stocks to achieve nearly double-digit earnings growth in the next few years. Economists also believe that 12-month forward earnings estimates for these constituent stocks are still about 16% higher than before the pandemic.</p><p>But according to di Galoma, managing director of asset manager Seaport Global Holdings,<b>At present, there is an underestimated risk factor, that is, how quickly financial and economic conditions will deteriorate in the current environment, and how it will impact the stock market.</b></p><p>di Galoma said the pace of economic deterioration is \"accelerating and will be much faster than people think.\" He expects the U.S. economy to fall into recession in early 2023 and \"this recession will be very severe.\"</p><p>Mathews also pointed out,<b>The Federal Reserve's monetary policy is another \"key shock\" that may have an impact on the stock P/E.</b></p><p>At present, the Federal Reserve is still preparing to continue to \"collect water\" aggressively, starting to reduce its balance sheet of nearly US $9 trillion next month, and rate hike by 50 basis points at its two meetings in June and July.</p><p><b>But what's happening now is that investors are trying to ignore the impact of rate hike.</b>Previously, in early May, when Federal Reserve Chairman Powell said that he had not actively considered rate hike 75 basis points, the market immediately cheered. However, the next day, he began to \"return to reality\", causing the Dow to plummet a thousand points, the Nasdaq to plummet 5%, and the S&P 500 The index plunged 3.5%.</p><p></body></html></p>","source":"wallstreetcn_api","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>History as a Mirror: The S&P 500 is one step away from a bear market, and worse is yet to come</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; 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}\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 12.5px; color: #7E829C; margin: 0;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nHistory as a Mirror: The S&P 500 is one step away from a bear market, and worse is yet to come\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">华尔街见闻</strong><span class=\"h-time small\">2022-05-23 11:02</span>\n</p>\n</h4>\n</header>\n<article>\n<p><html><head></head><body><b>Summary:</b><b>Since World War II, there have been 17 bear markets in U.S. stocks: the average duration is about one year, and the decline from peak to trough is close to 30%.</b>After continuous declines, the S&P 500 index has fallen by 18% from its peak on January 3 this year, and once the decline reaches 20%, it will enter a bear market as traditionally defined.</p><p>However, some voices pointed out that the S&P 500 index has actually been a bear market style in the past few weeks.</p><p>Business media MarketWatch mentioned that Mike Mullaney, head of global market research at investment institution Boston Partners, said that so far,<b>61% of the constituent stocks in the S&P 500 have entered a bear market.</b></p><p>Thomas Mathews of research firm Capital Economics believes that the S&P 500 index can easily hit a low of 3,750 points), and as more earnings reports that are less than expected are gradually released, the S&P 500 index may continue to decline.</p><p>This Thursday, as the second largest retail consumer group in the United States<a href=\"https://laohu8.com/S/TGT\">Target</a>Performance \"thunderstorm\", superimposed the day before<a href=\"https://laohu8.com/S/WMT\">Walmart</a>Earnings fell short of expectations, and the S&P 500 recorded its biggest one-day drop since June 11, 2020 on Sunday.</p><p><b>So from the perspective of historical experience, how will the S&P 500 index develop after entering a bear market?</b></p><p>Ryan Detrick, chief market strategist at investment management platform LPL Financial, said in a report on Wednesday that there have been 17 bear markets (or near bear markets) in U.S. stocks since World War II.</p><p><b>Generally speaking, once the S&P 500 enters a bear market, it will fall further. The average duration is roughly one year, with a peak-to-trough decline of nearly 30%.</b></p><p><img src=\"https://static.tigerbbs.com/6dc93d74246082b1811e825fa9d955b4\" tg-width=\"1582\" tg-height=\"1280\" referrerpolicy=\"no-referrer\"/></p><p>During the financial crisis of 2007-2009, the bear market of the S&P 500 index lasted for 17 months, and it hit an all-time high of 57%.</p><p>The longest-lasting bear market occurred in 1973-1974, when the S&P 500 index fell 48.2% in nearly 21 months.</p><p>The shortest-lasting bear market occurred at the outbreak of the epidemic in early 2020, when the S&P 500 index fell nearly 34% in 23 trading days and bottomed out on March 23, before starting a bull market.</p><p><h2>Can \"P/E\" be preserved under the economic recession crisis?</h2>Capital Economics Mathews believes that although the S&P 500 index is only one step away from a bear market, the profit expectations of constituent stocks are still worth looking forward to.</p><p>He stressed that analysts have been expecting S&P 500 stocks to achieve nearly double-digit earnings growth in the next few years. Economists also believe that 12-month forward earnings estimates for these constituent stocks are still about 16% higher than before the pandemic.</p><p>But according to di Galoma, managing director of asset manager Seaport Global Holdings,<b>At present, there is an underestimated risk factor, that is, how quickly financial and economic conditions will deteriorate in the current environment, and how it will impact the stock market.</b></p><p>di Galoma said the pace of economic deterioration is \"accelerating and will be much faster than people think.\" He expects the U.S. economy to fall into recession in early 2023 and \"this recession will be very severe.\"</p><p>Mathews also pointed out,<b>The Federal Reserve's monetary policy is another \"key shock\" that may have an impact on the stock P/E.</b></p><p>At present, the Federal Reserve is still preparing to continue to \"collect water\" aggressively, starting to reduce its balance sheet of nearly US $9 trillion next month, and rate hike by 50 basis points at its two meetings in June and July.</p><p><b>But what's happening now is that investors are trying to ignore the impact of rate hike.</b>Previously, in early May, when Federal Reserve Chairman Powell said that he had not actively considered rate hike 75 basis points, the market immediately cheered. However, the next day, he began to \"return to reality\", causing the Dow to plummet a thousand points, the Nasdaq to plummet 5%, and the S&P 500 The index plunged 3.5%.</p><p></body></html></p>\n<div class=\"bt-text\">\n\n\n<p> source：<a href=\"https://wallstreetcn.com/articles/3659886\">华尔街见闻</a></p>\n\n\n</div>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://static.tigerbbs.com/5d1fe578ee46cbe0d24c33435ff25ae5","relate_stocks":{"161125":"标普500","513500":"标普500ETF","SDS":"两倍做空标普500 ETF-ProShares",".SPX":"S&P 500 Index","BK4550":"红杉资本持仓","BK4534":"瑞士信贷持仓","SPXU":"三倍做空标普500ETF-ProShares","SPY":"标普500ETF","SH":"做空标普500-Proshares","IVV":"标普500ETF-iShares","OEX":"标普100","SSO":"2倍做多标普500ETF-ProShares","BK4581":"高盛持仓","BK4504":"桥水持仓","BK4559":"巴菲特持仓","OEF":"标普100指数ETF-iShares","UPRO":"三倍做多标普500ETF-ProShares"},"source_url":"https://wallstreetcn.com/articles/3659886","is_english":false,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2236063801","content_text":"摘要：自二战以来美股已经出现了17个熊市：平均持续时间大约为一年，从峰值到谷底的跌幅接近30%。在连续的跌跌不休之后，标普500指数较今年1月3日峰值已经下挫18%，而跌幅一旦达到20%就将进入传统定义上的熊市。然而有声音指出，在过去数周标普500指数其实已经是熊市风格。商业媒体MarketWatch提及，投资机构Boston Partners全球市场研究主管Mike Mullaney表示，到目前为止，标普500指数中61%的成分股已经进入熊市。研究机构凯投宏观的Thomas Mathews认为，标普500指数很容易触及3750点的低位），并且随着更多不及预期的财报逐步公布，标普500指数或将继续下行。本周四由于美国第二大零售消费集团塔吉特业绩“暴雷”，叠加前一天沃尔玛财报成绩低于预期，标普500指数在周日创下2020年6月11日以来的最大单日跌幅。那么从历史经验来看，标普500指数进入熊市后会如何发展？投资管理平台LPL Financial首席市场策略师Ryan Detrick在周三报告中表示，自二战以来美股已经出现了17个熊市（或接近熊市）。而一般来说，标普500指数一旦进入熊市，就会进一步下跌。平均持续时间大约为一年，从峰值到谷底的跌幅接近30%。在2007年-2009年的金融危机中，标普500指数的熊市行情长达17个月，并且创下历史最高57%的跌幅。持续时间最长的熊市发生在1973年-1974年，标普500指数在近21个月的时间内下挫48.2%。持续时间最短的熊市发生在2020年初疫情爆发之时，当时标普500指数在23个交易日内重挫近34%，并在3月23日触底，之后便开启了牛市行情。经济衰退危机下 “市盈率”能否保住？凯投宏观Mathews认为，尽管标普500指数距离熊市仅一步之遥，但是成分股的盈利预期仍值得期待。他对此强调称，分析师们一直预计标普500指数成分股将在未来几年内实现近两位数的盈利增长。经济学家也认为，这些成分股的12个月远期盈利预期仍比疫情前高出16%左右。但是按照资产管理机构Seaport Global Holdings的董事总经理di Galoma的说法，当前有一个风险因素被低估，那就是在当前环境下金融和经济状况会以多快的速度恶化，会对股市造成怎样的冲击。di Galoma表示经济恶化速度“正在加速，而且会比人们想象的要快得多”，他预计美国经济将在 2023年初陷入衰退，并且“这次衰退将非常严重”。Mathews同样指出，美联储的货币政策就是另一个“关键冲击”，可能会对股票市盈率造成影响。当前美联储仍旧准备继续激进“收水”，从下月开始缩减近9万亿美元的资产负债表，并在6月和7月两次会议上分别加息50个基点。但现在的情况是，投资者正在试图忽略加息的影响。此前在5月初当美联储主席鲍威尔表示未积极考虑加息75个基点，市场随即欢呼雀跃，然而在第二天就开始“回归现实”，导致道指狂泻千点，纳指暴跌5%，标普500指数重挫3.5%。","news_type":1,"symbols_score_info":{"161125":0.6,"513500":0.6,"UPRO":0.6,"OEX":0.6,".SPX":0.6,"OEF":0.6,"ESmain":0.6,"SSO":0.6,"SH":0.6,"SPXU":0.6,"SPY":1,"IVV":0.6,"SDS":0.6}},"isVote":1,"tweetType":1,"viewCount":1305,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"hots":[{"id":124716002,"gmtCreate":1624791483706,"gmtModify":1703845202768,"author":{"id":"3577343858256661","authorId":"3577343858256661","name":"kenp","avatar":"https://static.tigerbbs.com/658bc030049b2996b0e2f267da086675","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3577343858256661","idStr":"3577343858256661"},"themes":[],"htmlText":"Good&nbsp;","listText":"Good&nbsp;","text":"Good","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":45,"repostSize":0,"link":"https://ttm.financial/post/124716002","repostId":"1182411664","repostType":4,"repost":{"id":"1182411664","kind":"news","pubTimestamp":1624761673,"share":"https://ttm.financial/m/news/1182411664?lang=en_US&edition=fundamental","pubTime":"2021-06-27 10:41","market":"sh","language":"zh","title":"The national carbon trading market is about to open, and institutions point out five major investment directions","url":"https://stock-news.laohu8.com/highlight/detail?id=1182411664","media":"上海证券报","summary":"随着全国碳交易市场开启日益临近，相关概念股也纷纷异动。近期，券商也密集发布研报关注碳交易市场带来的投资机会。多数机构认为，全国碳市场启动后，将对社会、行业、企业的投资生产决策产生影响，新能源、可再生资源回收等多领域有望受益。据首创证券预计，2021年我国碳交易市场成交量或将达到2.5亿吨，为2020年各个试点交易所交易总量的3倍，成交金额将达60亿元。","content":"<p><div>As the opening of the national carbon trading market approaches, related concept stocks have also changed. On June 25, the carbon neutrality, energy conservation and environmental protection sectors were active. As of the close, many stocks such as Tianwo Technology, Hunan Tianyan, and Meijin Energy had their daily limit, while stocks such as Debang Lighting, Kaier New Materials, and Zhiguang Electric rose one after another. Recently, securities firms have also intensively released research reports to focus on the investment opportunities brought by the carbon trading market. Most institutions believe that the launch of the national carbon market will have an impact on the investment and production decisions of society, industries, and enterprises, and many fields such as new energy and renewable resource recycling are expected to benefit. Carbon Trading Scale Will Climb Rapidly National Carbon Market...</p><p><a href=\"https://mp.weixin.qq.com/s/CdJFesr-SWj4G8AzdeeXSw\">Web link</a></div></p>","source":"shzqb","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>The national carbon trading market is about to open, and institutions point out five major investment directions</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 12.5px; color: #7E829C; margin: 0;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nThe national carbon trading market is about to open, and institutions point out five major investment directions\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">上海证券报</strong><span class=\"h-time small\">2021-06-27 10:41</span>\n</p>\n</h4>\n</header>\n<article>\n<p><div>As the opening of the national carbon trading market approaches, related concept stocks have also changed. On June 25, the carbon neutrality, energy conservation and environmental protection sectors were active. As of the close, many stocks such as Tianwo Technology, Hunan Tianyan, and Meijin Energy had their daily limit, while stocks such as Debang Lighting, Kaier New Materials, and Zhiguang Electric rose one after another. Recently, securities firms have also intensively released research reports to focus on the investment opportunities brought by the carbon trading market. Most institutions believe that the launch of the national carbon market will have an impact on the investment and production decisions of society, industries, and enterprises, and many fields such as new energy and renewable resource recycling are expected to benefit. Carbon Trading Scale Will Climb Rapidly National Carbon Market...</p><p><a href=\"https://mp.weixin.qq.com/s/CdJFesr-SWj4G8AzdeeXSw\">Web link</a></div></p>\n<div class=\"bt-text\">\n\n\n<p> source：<a href=\"https://mp.weixin.qq.com/s/CdJFesr-SWj4G8AzdeeXSw\">上海证券报</a></p>\n\n\n</div>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://static.tigerbbs.com/5a8eab65ec7981d9d3c6a4d13a066308","relate_stocks":{"300234":"开尔新材","600698":"湖南天雁","603303":"得邦照明","002169":"智光电气","002564":"天沃科技","000723":"美锦能源"},"source_url":"https://mp.weixin.qq.com/s/CdJFesr-SWj4G8AzdeeXSw","is_english":false,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1182411664","content_text":"随着全国碳交易市场开启日益临近，相关概念股也纷纷异动。\n6月25日，碳中和、节能环保板块表现活跃。截至收盘，天沃科技、湖南天雁、美锦能源等多股涨停，得邦照明、开尔新材、智光电气等个股纷纷拉升。\n\n近期，券商也密集发布研报关注碳交易市场带来的投资机会。多数机构认为，全国碳市场启动后，将对社会、行业、企业的投资生产决策产生影响，新能源、可再生资源回收等多领域有望受益。\n碳交易规模将迅速攀升\n全国碳市场启动之后，市场规模究竟有多大？\n据首创证券预计，2021年我国碳交易市场成交量或将达到2.5亿吨，为2020年各个试点交易所交易总量的3倍，成交金额将达60亿元。未来，我国碳市场覆盖范围将逐步扩大，到2030年累计交易额或将超过1000亿元。\n“伴随双碳目标逐步实现、控排覆盖企业增加以及碳交易市场成熟，我们推测碳交易规模将迅速攀升，仅碳排放现货交易一项，市场规模就有望于2030年突破千亿元。”中航证券高端制造团队指出。\n此外，机构认为碳交易市场正式上线后，有望带来碳交易量价齐升。中航证券高端制造团队表示，当前国内的碳交易成交量及价格显著低于国际水平，而全国碳交易系统建立将有助于提高市场活力，刺激企业向清洁能源转型，提高碳价格。\n“碳价格作为成本可能传递至电力、钢铁、水泥、炼油等行业。涉及碳交易的龙头企业一般具有技术和规模优势，碳价格对龙头公司影响较小。”平安证券分析师樊金璐表示。\n新能源企业利润有望增厚\n天风证券研究所环保与公用行业首席分析师郭丽丽认为，全国碳市场首批纳入仅是2000多家电力企业，对于不同类型的电力企业影响不一。对于火电企业，短期业绩压力不大，而中长期面临向非化石能源转型的压力较大；对于新能源运营企业，CCER（国家核证自愿减排量）有望增厚其收益，盈利能力或进一步提升。\n华西证券环保公用团队同样看好新能源企业后续业绩空间。其认为，“免费发放+拍卖”相结合的配额分配是未来碳市场发展方向，若未来碳配额价格能够较好地体现经济价值，则新能源运营企业将获得丰厚的额外碳配额交易收入，实现价值重估。\n“新能源发电商价值有望重估，我们按2019年数据测算，将增厚新能源发电利润9%至17%。”华泰证券表示，长期看好新能源发电前景，但是对于火电也不必过度悲观，火电仍具备压舱石效应，行稳致远。\n机构：关注五大投资方向\n机构普遍认为，碳排放权交易是生态环境价值的体现，也是未来一段时间碳达峰、碳中和行动的核心工作。那么从长期投资角度来看，应该关注哪些机遇？\n国盛证券表示，碳交易全国推广，一方面将推动碳排放负外部性利益化，促进碳减排合理、高效、平稳实现。另一方面，立足全球视角，碳关税或将成为长期趋势，碳交易推广也将助力国际贸易全球化。具体而言，可以关注五大投资方向：\n一是高碳排行业集中度提升，龙头优势加速凸显，推荐关注钢铁、金属非金属新材料、工业金属、化学制品、装修装饰和其他建材等细分行业头部企业。\n二是零碳排新能源再获动力，推荐关注光伏、风电、核电、水电等电力细分领域优质标的。\n三是负碳排板块将受益于CCER（国家核证自愿减排量）推广，推荐关注林业碳汇、垃圾处理等相关投资机遇。\n四是碳配额分配与碳交易覆盖度提升均将激发碳排放监测需求，推荐关注环保监测设备、环保工程及服务。\n五是未来有望迎来碳金融产品创新与推广的新发展阶段，推荐关注银行金融板块及碳金融衍生品相关投资机遇。\n此外，首创证券认为，以数字化和信息化为载体的智慧环保将深度赋能碳市场与碳交易。智慧环保是优质赛道，且处于行业生命周期中的快速成长期，相关公司将享受市场爆发的红利。","news_type":1,"symbols_score_info":{"300234":0.9,"600698":0.9,"603303":0.9,"002169":0.9,"000723":0.9,"002564":0.9}},"isVote":1,"tweetType":1,"viewCount":730,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":809882722,"gmtCreate":1627358120366,"gmtModify":1703488322168,"author":{"id":"3577343858256661","authorId":"3577343858256661","name":"kenp","avatar":"https://static.tigerbbs.com/658bc030049b2996b0e2f267da086675","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3577343858256661","idStr":"3577343858256661"},"themes":[],"htmlText":"Oh","listText":"Oh","text":"Oh","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":22,"repostSize":0,"link":"https://ttm.financial/post/809882722","repostId":"1150761427","repostType":4,"repost":{"id":"1150761427","kind":"news","pubTimestamp":1627355599,"share":"https://ttm.financial/m/news/1150761427?lang=en_US&edition=fundamental","pubTime":"2021-07-27 11:13","market":"us","language":"zh","title":"Tesla's asset impairment in Bitcoin is $23 million, and it is about to fall below the cost line","url":"https://stock-news.laohu8.com/highlight/detail?id=1150761427","media":"界面新闻","summary":"该公司没有报告更新加密货币的减持或增持，仍持价值13亿美元的比特币。","content":"<p><div>Reporter/Si Linwei On July 26, Tesla, the world's largest electric vehicle manufacturer, announced its second-quarter financial report after the U.S. stock market closed. The financial report shows that Tesla's revenue in the second quarter of 2021 was US $11.96 billion, a year-on-year increase of 98%. Tesla's Q2 financial report data is very eye-catching and exceeds market expectations. However, its Bitcoin-related assets were impaired by US $23 million, and its current net crypto assets are worth US $1.311 billion. According to Tesla's second-quarter earnings report, the company did not report an update on an underweight or overweight in cryptocurrency, still holding $1.3 billion worth of Bitcoin. Tesla announced in February that it had purchased a value of...</p><p><a href=\"https://www.jiemian.com/article/6406915.html\">Web link</a></div></p>","source":"jm","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>Tesla's asset impairment in Bitcoin is $23 million, and it is about to fall below the cost line</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 12.5px; color: #7E829C; margin: 0;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nTesla's asset impairment in Bitcoin is $23 million, and it is about to fall below the cost line\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">界面新闻</strong><span class=\"h-time small\">2021-07-27 11:13</span>\n</p>\n</h4>\n</header>\n<article>\n<p><div>Reporter/Si Linwei On July 26, Tesla, the world's largest electric vehicle manufacturer, announced its second-quarter financial report after the U.S. stock market closed. The financial report shows that Tesla's revenue in the second quarter of 2021 was US $11.96 billion, a year-on-year increase of 98%. Tesla's Q2 financial report data is very eye-catching and exceeds market expectations. However, its Bitcoin-related assets were impaired by US $23 million, and its current net crypto assets are worth US $1.311 billion. According to Tesla's second-quarter earnings report, the company did not report an update on an underweight or overweight in cryptocurrency, still holding $1.3 billion worth of Bitcoin. Tesla announced in February that it had purchased a value of...</p><p><a href=\"https://www.jiemian.com/article/6406915.html\">Web link</a></div></p>\n<div class=\"bt-text\">\n\n\n<p> source：<a href=\"https://www.jiemian.com/article/6406915.html\">界面新闻</a></p>\n\n\n</div>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://static.tigerbbs.com/962be253ee7459c393769e9105cb1429","relate_stocks":{"TSLA":"特斯拉"},"source_url":"https://www.jiemian.com/article/6406915.html","is_english":false,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1150761427","content_text":"记者／司林威\n7月26日，全球最大电动汽车制造商特斯拉在美股盘后公布了二季度财报。财报显示，特斯拉在2021年第二季度营收119.6亿美元，同比增长98%。\n特斯拉Q2财报数据非常亮眼，超出市场预期。但其比特币相关资产减值2300万美元，目前净加密资产价值13.11亿美元。\n根据特斯拉第二季度财报，该公司没有报告更新加密货币的减持或增持，仍持价值13亿美元的比特币。\n特斯拉在2月份宣布购买了价值15亿美元的比特币。在2020年第四季度晚些时候，该公司将其比特币头寸削减了10%，这一出售使其第一季度收益增加了2.72亿美元。通过出售比特币特斯拉成功使自己的净利润扭亏转正。\n但今年第二季度一切有了变化。随着5月19日起，加密货币受我国监管政策影响，价格一落千丈，在7月回到了2021年年初水平，特斯拉的持仓成本线也即将被跌穿。\n据《财富》网站估算，特斯拉共计买入了46000枚比特币，平均买入价格约为32600美元。2021年4月，特斯拉第一季度财报披露出售了10%的比特币，即4600枚左右，平均售价为59100美元。这笔交易为该公司带来了2.72亿美元的收入。\n截止二季度财报发布，特斯拉此后一直没有出售和增持比特币，即还持有41400枚比特币，扣除已经了结的利润后，其真实成本应为12.28亿美元，这意味着其单币成本价约为29661美元。\n而财报发布前一星期，比特币价格已接近29000美元，即将跌穿特斯拉的成本线。\n财报发布前，特斯拉首席执行官埃隆·马斯克大改此前批评态度，对比特币和狗狗币大肆唱多。他在出席活动中明确表示“特斯拉很有可能恢复比特币支付”，又透露旗下另一家公司Space X也持有比特币。\n同时，他还在社交媒体上转发了各种看好狗狗币的表情包，还表示自己的儿子非常喜欢狗狗币。\n北京时间7月27日凌晨3点，比特币价格迅速拉高，一举突破4万美元，创6月17日来的最高价。短暂突破后，比特币价格又迅速跳水3000美元，最低跌至36771美元。截止发稿前最新价格为37386美元。","news_type":1,"symbols_score_info":{"XBTmain":0.9,"TSLA":0.9}},"isVote":1,"tweetType":1,"viewCount":800,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9096754964,"gmtCreate":1644469679558,"gmtModify":1676533930815,"author":{"id":"3577343858256661","authorId":"3577343858256661","name":"kenp","avatar":"https://static.tigerbbs.com/658bc030049b2996b0e2f267da086675","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3577343858256661","idStr":"3577343858256661"},"themes":[],"htmlText":"Oh","listText":"Oh","text":"Oh","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9096754964","repostId":"1164007651","repostType":4,"repost":{"id":"1164007651","kind":"news","weMediaInfo":{"introduction":"关注中国基金报，即时获取深度理财资讯","home_visible":1,"media_name":"中国基金报","id":"6","head_image":"https://static.tigerbbs.com/2b2c79a68beb44c7bc06ad7210091200"},"pubTimestamp":1644467017,"share":"https://ttm.financial/m/news/1164007651?lang=en_US&edition=fundamental","pubTime":"2022-02-10 12:23","market":"sh","language":"zh","title":"The big national fund takes action! 50 billion industry leader soared 7%","url":"https://stock-news.laohu8.com/highlight/detail?id=1164007651","media":"中国基金报","summary":"“500亿印刷电路板龙头”豪华定增团落地！2月9日晚间，深南电路公告披露25.5亿元定增结果，其中，大基金二期认购金额达3亿元，获配278.76万股。受此消息影响，早盘深南电路(002916.SZ)一","content":"<p><div>The \"50 billion printed circuit board leader\" luxury private placement group landed! On the evening of February 9, Shennan Circuit announced the results of a fixed increase of 2.55 billion yuan, of which the subscription amount of the second phase of the big fund reached 300 million yuan, and 2.7876 million shares were allocated. Affected by this news, Shennan Circuit (002916. SZ) once rose by more than 7% in early trading. As of press time, the stock price rose 6.35% to 119.26 yuan per share, with a market value of 58.3 billion yuan. The \"big fund\" entered the market with 50 billion printed circuit board leaders. A group of stars participated in the private placement. On the evening of February 9, Shennan Circuit disclosed the private placement situation, and the private placement of 2.55 billion yuan landed. ANNOUNCEMENT...</p><p><a href=\"\">Web link</a></div></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>The big national fund takes action! 50 billion industry leader soared 7%</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 12.5px; color: #7E829C; margin: 0;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nThe big national fund takes action! 50 billion industry leader soared 7%\n</h2>\n<h4 class=\"meta\">\n<a class=\"head\" href=\"https://laohu8.com/wemedia/6\">\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/2b2c79a68beb44c7bc06ad7210091200);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">中国基金报 </p>\n<p class=\"h-time smaller\">2022-02-10 12:23</p>\n</div>\n</a>\n</h4>\n</header>\n<article>\n<p><div>The \"50 billion printed circuit board leader\" luxury private placement group landed! On the evening of February 9, Shennan Circuit announced the results of a fixed increase of 2.55 billion yuan, of which the subscription amount of the second phase of the big fund reached 300 million yuan, and 2.7876 million shares were allocated. Affected by this news, Shennan Circuit (002916. SZ) once rose by more than 7% in early trading. As of press time, the stock price rose 6.35% to 119.26 yuan per share, with a market value of 58.3 billion yuan. The \"big fund\" entered the market with 50 billion printed circuit board leaders. A group of stars participated in the private placement. On the evening of February 9, Shennan Circuit disclosed the private placement situation, and the private placement of 2.55 billion yuan landed. ANNOUNCEMENT...</p><p><a href=\"\">Web link</a></div></p>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://static.tigerbbs.com/f34598f2f55e0a575f42cbcf894c1c4a","relate_stocks":{"002916":"深南电路"},"source_url":"","is_english":false,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1164007651","content_text":"“500亿印刷电路板龙头”豪华定增团落地！2月9日晚间，深南电路公告披露25.5亿元定增结果，其中，大基金二期认购金额达3亿元，获配278.76万股。受此消息影响，早盘深南电路(002916.SZ)一度大涨超7%。截至发稿，股价涨6.35%，报119.26元/股，市值583亿元。“大基金”入局500亿印刷电路板龙头一众明星公募参与定增2月9日晚间，深南电路披露了定增情况，25.5亿元定增落地。公告显示，此次发行价格为107.62元/股，向19名特定对象发行的股票数量为2369万股，发行募集总额为25.49亿元，扣除各项发行费用后，募集资金净额为25.29亿元，主要用于高阶倒装芯片用IC载板产品制造项目。截止2月9日收盘，深南电路报价为112.14元/股，相较定增价格高出4.2%。此次定增竞争相当激烈，共有40多家投资机构参与申购。最终财通基金以近1亿元认购85.66万股，中欧基金以0.73亿元认购67.83万股，诺德基金以0.71亿元认购65.97万股。此次定增中，华泰证券认购数量最多，总共花费3.53亿元认购328万股。同时，“国家队”大基金二期也花费3亿元认购278万股。公开资料显示，深南电路主营业务为印制电路板、封装基板及电子装联三项。本次发行募集资金主要用于高阶倒装芯片用IC载板产品制造项目，投资金额为20.16亿元。公司表示，高阶倒装芯片用IC载板产品制造项目系为进一步提升公司封装基板业务的产能及技术能力，补充流动资金项目系为满足公司业务快速发展的资金需求，该等项目均系围绕公司主营业务展开。受此消息影响，早盘深南电路(002916.SZ)一度大涨超7%。公开资料显示，截至2021年9月30日，深南电路拥有股东户数71053户。被多只明星基金重仓持有作为“500亿印刷电路板龙头”，深南电路也是众多明星公募关注的焦点。从十大流通股东来看，袁维德管理的中欧价值智选回报去年三季度大手笔买入150多万股，新进成为第十大流通股东。截止去年四季度，王克玉管理的泓德优势领航灵活配置四季度买入近50万股，一举将深南电路买成第十大重仓股。此外，王先伟、曹春林管理创金合信积极成长也少量买入1.42万股。受基站建设周期扰动与原材料成本压制，公司2021年前三季度实现营业总收入97.6亿，同比增长8.6%；实现归母净利润10.3亿，同比下降6.5%。股价方面，深南电路去年全年累计涨幅为13.98%，今年出现一波调整。面对投资者近期在互动平台上对春节后首个交易日公司股价深幅调整的询问，公司方面回应表示，股票价格通常受到多方面因素影响，公司目前生产经营一切正常，南通PCB新工厂、无锡封装基板工厂产能爬坡进展顺利，未存在其他应披露未披露信息。“大基金”投资版图还在扩张值得注意的是，去年底，大基金二期还通过定增的方式入股了另外一家半导体设备龙头中微公司。去年12月，大基金二期以战略投资者身份参与了东芯股份的战略配售，获配329.7万股，金额为9950.25万元；去年8月，参与格科微的战略配售，获配695.41万股，金额约为1亿元；7月，还现身中微公司定增名单，获配2444万股，金额达25亿元，位居榜首，占定增发行总额的30%；6月，华润微宣布拟与大基金二期、重庆西永微电子产业园区开发有限公司发起设立项目公司，注册资本拟为50亿元，投建12英寸功率半导体晶圆生产线项目。国家集成电路产业投资基金二期股份有限公司于2019年10月22日注册成立，注册资本为2041.5亿元。与大基金一期主要投向半导体产业中游，包括制造、设计、封测的行业龙头企业不同的是，大基金二期将更多投向上游和下游，瞄准设备、材料等薄弱环节的细分龙头企业。大基金二期不仅投资行业龙头企业，还会与龙头企业共同投资设立合资子公司。Wind数据显示，大基金二期目前公开投资的项目已达12个，其重点投资方向为集成电路行业上游环节。其中，投资对象包括集成电路封测、设备、材料等企业，如长川制造以及中芯国际(00981)子公司中芯南方等。","news_type":1,"symbols_score_info":{"002916":0.9}},"isVote":1,"tweetType":1,"viewCount":536,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9036256654,"gmtCreate":1647131761413,"gmtModify":1676534196311,"author":{"id":"3577343858256661","authorId":"3577343858256661","name":"kenp","avatar":"https://static.tigerbbs.com/658bc030049b2996b0e2f267da086675","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3577343858256661","idStr":"3577343858256661"},"themes":[],"htmlText":"No&nbsp;","listText":"No&nbsp;","text":"No","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9036256654","repostId":"2218241000","repostType":4,"repost":{"id":"2218241000","kind":"highlight","pubTimestamp":1647070207,"share":"https://ttm.financial/m/news/2218241000?lang=en_US&edition=fundamental","pubTime":"2022-03-12 15:30","market":"us","language":"zh","title":"All OEMs have to learn from Tesla, and car dealers have \"no way to go\"?","url":"https://stock-news.laohu8.com/highlight/detail?id=2218241000","media":"华尔街见闻","summary":"特斯拉开创了一种新型的电动汽车销售模式——直销，省去了“中间商赚差价”，传统汽车制造商纷纷想要效仿，经销商的利益面临威胁。目前造车新势力基本都是使用这种无经销商的销售模式，比如美国豪华电动汽车制造商L","content":"<p><html><head></head><body><a href=\"https://laohu8.com/S/TSLA\">Tesla</a>Created a new sales model of electric vehicles-direct sales, eliminating the need for \"middlemen to earn the difference\". Traditional automobile manufacturers want to follow suit, and the interests of dealers are threatened.</p><p>At present, new car-making forces basically use this dealer-free sales model, such as the United States<a href=\"https://laohu8.com/S/DLX\">Luxurious</a>EV maker Lucid and electric truck company Rivian. They set up exhibition halls in a unified way, and consumers place orders directly through online platforms or retail stores.</p><p>However, the franchise laws of various states in the United States usually prohibit traditional car companies from selling directly to consumers, so as to protect the pricing power and sales channels of dealers.</p><p>Wall Street News mentioned last week that on March 3,<b>The U.S. state of Oklahoma passed a new bill prohibiting companies without dealer licenses from selling cars, resulting in Tesla, which has no dealers and adopts a direct sales model, being forced to withdraw from the market.</b></p><p>At present, although consumers are dissatisfied that the selling price of dealers is often thousands of dollars higher than the retail price suggested by manufacturers, most traditional automobile companies in the United States are still unable to sell cars directly to ordinary customers.</p><p><h2><b>Is the car sales model going to change?</b></h2>The success of Tesla's new retail strategy is gradually becoming a threat to traditional car companies.</p><p>Traditional automakers want to abandon the dealer model they have always used and instead follow the direct sales model of new energy automakers such as Tesla.</p><p><b>Through the direct sales model, these traditional automobile manufacturers can regain pricing power from dealers and control their own sales channels, which will greatly narrow the relationship with consumers.</b></p><p>Some traditional car company executives believe that future sales models should be simpler and more digital. Automobile manufacturers only need to provide relatively few combinations of models and functions, allowing consumers to simply place orders online and remotely through a unified display.</p><p>Recently,<a href=\"https://laohu8.com/S/F\">Ford Motor</a>The company has put forward a new sales plan: car dealers don't have to reserve any car inventory in advance, and consumers don't have to \"bargain\" with dealers. Instead, they place orders directly at the ex-factory price of automobile manufacturers, and the main job of dealers is to deliver vehicles.</p><p><a href=\"https://laohu8.com/S/GM\">General Motors</a>The company has recently made a similar shift, requiring its GMC brand dealers to sell the newly launched Hummer electric pickup truck in a direct sales model. According to GM, according to the agreement, consumers can only order the new Hummer electric pickup truck through the GMC website.</p><p><b>However, as a result, the role space of car dealers is squeezed and their status is \"in jeopardy\". For car dealers, they must find a way out as soon as possible, or they will be defeated by the new retail model of cars.</b></p><p>Overall, these moves by established automakers such as Ford and General Motors mark that the deep-rooted traditional automobile sales model in the United States is becoming modernized. This weekend, the annual meeting of the American Automobile Dealers Association will be held in Las Vegas, which is expected to generate widespread discussion.</p><p></body></html></p>","source":"wallstreetcn_api","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>All OEMs have to learn from Tesla, and car dealers have \"no way to go\"?</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 12.5px; color: #7E829C; margin: 0;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nAll OEMs have to learn from Tesla, and car dealers have \"no way to go\"?\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">华尔街见闻</strong><span class=\"h-time small\">2022-03-12 15:30</span>\n</p>\n</h4>\n</header>\n<article>\n<p><html><head></head><body><a href=\"https://laohu8.com/S/TSLA\">Tesla</a>Created a new sales model of electric vehicles-direct sales, eliminating the need for \"middlemen to earn the difference\". Traditional automobile manufacturers want to follow suit, and the interests of dealers are threatened.</p><p>At present, new car-making forces basically use this dealer-free sales model, such as the United States<a href=\"https://laohu8.com/S/DLX\">Luxurious</a>EV maker Lucid and electric truck company Rivian. They set up exhibition halls in a unified way, and consumers place orders directly through online platforms or retail stores.</p><p>However, the franchise laws of various states in the United States usually prohibit traditional car companies from selling directly to consumers, so as to protect the pricing power and sales channels of dealers.</p><p>Wall Street News mentioned last week that on March 3,<b>The U.S. state of Oklahoma passed a new bill prohibiting companies without dealer licenses from selling cars, resulting in Tesla, which has no dealers and adopts a direct sales model, being forced to withdraw from the market.</b></p><p>At present, although consumers are dissatisfied that the selling price of dealers is often thousands of dollars higher than the retail price suggested by manufacturers, most traditional automobile companies in the United States are still unable to sell cars directly to ordinary customers.</p><p><h2><b>Is the car sales model going to change?</b></h2>The success of Tesla's new retail strategy is gradually becoming a threat to traditional car companies.</p><p>Traditional automakers want to abandon the dealer model they have always used and instead follow the direct sales model of new energy automakers such as Tesla.</p><p><b>Through the direct sales model, these traditional automobile manufacturers can regain pricing power from dealers and control their own sales channels, which will greatly narrow the relationship with consumers.</b></p><p>Some traditional car company executives believe that future sales models should be simpler and more digital. Automobile manufacturers only need to provide relatively few combinations of models and functions, allowing consumers to simply place orders online and remotely through a unified display.</p><p>Recently,<a href=\"https://laohu8.com/S/F\">Ford Motor</a>The company has put forward a new sales plan: car dealers don't have to reserve any car inventory in advance, and consumers don't have to \"bargain\" with dealers. Instead, they place orders directly at the ex-factory price of automobile manufacturers, and the main job of dealers is to deliver vehicles.</p><p><a href=\"https://laohu8.com/S/GM\">General Motors</a>The company has recently made a similar shift, requiring its GMC brand dealers to sell the newly launched Hummer electric pickup truck in a direct sales model. According to GM, according to the agreement, consumers can only order the new Hummer electric pickup truck through the GMC website.</p><p><b>However, as a result, the role space of car dealers is squeezed and their status is \"in jeopardy\". For car dealers, they must find a way out as soon as possible, or they will be defeated by the new retail model of cars.</b></p><p>Overall, these moves by established automakers such as Ford and General Motors mark that the deep-rooted traditional automobile sales model in the United States is becoming modernized. This weekend, the annual meeting of the American Automobile Dealers Association will be held in Las Vegas, which is expected to generate widespread discussion.</p><p></body></html></p>\n<div class=\"bt-text\">\n\n\n<p> source：<a href=\"https://wallstreetcn.com/articles/3654068\">华尔街见闻</a></p>\n\n\n</div>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://static.tigerbbs.com/47b6fbfe38edb1202883a645549da7f6","relate_stocks":{"BK4555":"新能源车","BK4533":"AQR资本管理(全球第二大对冲基金)","BK4574":"无人驾驶","BK4527":"明星科技股","TSLA":"特斯拉","BK4551":"寇图资本持仓","BK4550":"红杉资本持仓","BK4099":"汽车制造商","BK4511":"特斯拉概念","BK4534":"瑞士信贷持仓","BK4548":"巴美列捷福持仓","BK4581":"高盛持仓"},"source_url":"https://wallstreetcn.com/articles/3654068","is_english":false,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2218241000","content_text":"特斯拉开创了一种新型的电动汽车销售模式——直销，省去了“中间商赚差价”，传统汽车制造商纷纷想要效仿，经销商的利益面临威胁。目前造车新势力基本都是使用这种无经销商的销售模式，比如美国豪华电动汽车制造商Lucid和电动卡车公司Rivian。他们统一开设展厅，而消费者通过线上平台或零售店直接下单。然而美国各个州的特许经营法通常禁止传统汽车公司直接向消费者销售，从而达到保护经销商的定价权和销售渠道的目的。华尔街见闻上周提及，3月3日，美国俄克拉荷马州通过了一项新法案——禁止未获得经销商牌照的公司销售汽车，导致没有任何经销商、采用直销模式的特斯拉被迫退出该市场。目前来看，尽管消费者不满经销商的售价往往比制造商建议的零售价高出数千美元，但是美国的传统汽车公司目前仍然大多没法将汽车直销给普通客户。汽车销售模式要变天？特斯拉新零售战略的成功正逐渐成为传统汽车公司的威胁。传统汽车制造商想要放弃一直沿用的经销商模式，转而效仿特斯拉等新能源汽车制造商的直营销售模式。通过直销模式，这些传统汽车制造商可以从经销商手中夺回定价权，并自己掌控销售渠道，这将大大拉近与消费者之间的关系。一些传统汽车公司的高管认为，未来的销售模式应该更简单、更数字化。汽车制造商只需要提供相对较少的车型和功能组合，可以让消费者通过统一的展示，从而简单地线上远程下单。最近，福特汽车公司提出了一项新的销售计划：汽车经销商不用事先储备任何汽车库存，消费者也不用和经销商“讨价还价”，而是直接以汽车制造商的出厂价格下单，而经销商的主要工作就是交付车辆。通用汽车公司近期也有类似的转变举措，要求其GMC品牌经销商以直销的模式来销售新推出的悍马电动皮卡车。通用汽车称，根据协议规定，消费者只能通过GMC网站订购新的悍马电动皮卡车。可是如此一来，汽车经销商的作用空间被挤压，地位“岌岌可危”。对于汽车经销商来说，他们必须尽快找到出路，不然就会被汽车的新零售模式打败。总体来看，福特、通用等老牌汽车制造商的这些举措标志着美国根深蒂固的传统汽车销售模式正在变得现代化。本周末，美国汽车经销商协会年会将在拉斯维加斯举行，预计届时将引起广泛讨论。","news_type":1,"symbols_score_info":{"TSLA":1}},"isVote":1,"tweetType":1,"viewCount":555,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":196228959,"gmtCreate":1621059901071,"gmtModify":1704352600497,"author":{"id":"3577343858256661","authorId":"3577343858256661","name":"kenp","avatar":"https://static.tigerbbs.com/658bc030049b2996b0e2f267da086675","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3577343858256661","idStr":"3577343858256661"},"themes":[],"htmlText":"Good&nbsp;","listText":"Good&nbsp;","text":"Good","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":9,"repostSize":0,"link":"https://ttm.financial/post/196228959","repostId":"2135983438","repostType":4,"repost":{"id":"2135983438","kind":"highlight","weMediaInfo":{"introduction":"美股大V独家情报资讯，聪明的海外投资者都在这里！","home_visible":1,"media_name":"美股情报局","id":"93","head_image":"https://static.tigerbbs.com/35928b82e1d94fecbe1be1572e5703b0"},"pubTimestamp":1621068324,"share":"https://ttm.financial/m/news/2135983438?lang=en_US&edition=fundamental","pubTime":"2021-05-15 16:45","market":"hk","language":"zh","title":"How did the gurus respond to the stock market decline?","url":"https://stock-news.laohu8.com/highlight/detail?id=2135983438","media":"美股情报局","summary":"巴菲特、达里奥、索罗斯等大师是如何应对股市下跌的？大师们如何应对大跌？但股市反弹持续到4月份后又开始暴跌，道琼斯指数在1930年下跌33%，而格雷厄姆管理的基金亏损高达50.5%。目前，桥水基金已成为全球最大对冲基金公司，管理的资产规模高达1500亿美元。这场大崩溃使量子基金净资产跌落26.2%，远大于17%的美国股市的跌幅，索罗斯成了这场灾难的最大失败者。","content":"<p>How did gurus such as Buffett, Dalio, and Soros cope with the stock market decline?</p><p>Buffett said that when the stock market falls, don't pay close attention to the performance of the stock market, but keep calm and hold it for a long time.</p><p>Graham: First, never lose money; Second, never forget number one.</p><p>Dalio said that investors are always easy to make the decision to sell when the market falls, but succumbing to fear is not a wise strategy, because it will not be successful. Keep calm and operate in the opposite direction.</p><p>Peter Lynch said that the plunge is the best opportunity to make big money: huge wealth is often earned in such stock market crashes.</p><p>Soros: To get wealth, the way is to recognize its illusion, invest in it, and then quit the game before the illusion is recognized by the public.</p><p>Jim M.<a href=\"https://laohu8.com/S/ROG\">Rogers</a>: Buy what it's worth, sell it crazy.</p><p>What should the average investor do if the stock market plummets?</p><p><b>How do the gurus cope with the big drop?</b></p><p><b>Buffett: Keep Calm and Hold Long-Term</b></p><p>In the view of Warren Buffett, the best way for investors to remain calm and stick to the long-term investment principle when facing violent fluctuations in the stock market.</p><p>As a stock god with an investment career of more than 50 years, Buffett warned investors in an interview in 2016:<b>When the stock market is down, don't pay close attention to stock market performance. If an investor is worried when the stock market falls, and then thinks of throwing away his stocks when the stock market rebounds, then this investor will not get the ideal return in the end.</b>」</p><p>Buffett has always emphasized that long-term investment is an important factor in achieving ideal returns. He believes that the income from investing in the stock market comes from holding shares of high-quality companies for a long time. If investors buy stocks in high-quality companies and hold these stocks for 10, 20, 30 years, they will ultimately make good returns.</p><p>Buffett once explained in his annual letter to shareholders that the market is always fluctuating, so for every investor, regardless of the depth of investment experience, the best choice is to remain calm.</p><p>He wrote: Although the market is usually rational, the market occasionally goes crazy. For investors, it doesn't take much wisdom or a degree in economics to seize opportunities.</p><p>What investors need is the ability to ignore market panic or fanaticism and focus on fundamentals. In addition, it is also very important to be able to maintain the willingness to be boring or even stupid for a long time.</p><p><b>Graham</b></p><p><b>First, never lose money; Second, never forget number one.</b></p><p>Graham is Buffett's mentor, the father of securities analysis, and the originator of value investing. In September 1929, the Dow Jones index rose to a maximum of 381 points, and then began to fall. On October 29, the Dow Jones index plunged 12%. This day was described as the worst day in the 112-year history of the New York Stock Exchange. This is the most famous Black Tuesday in history.</p><p>In November 1929, the Dow Jones index fell as low as 198 points, and then stabilized and rebounded. By March 1930, it once rose to 286 points, a rebound of 43%. So many investors think that the worst is over and the stock market is about to reverse. Graham thought so too, so he began to enter the market to buy bottoms.</p><p>He copied all good stocks that were very cheap in terms of value evaluation. In order to obtain greater yields, he also used margin for leverage operations. But the stock market rally lasted until April and then began to plummet. The Dow Jones index fell 33% in 1930, while the fund managed by Graham lost as much as 50.5%.</p><p>By July 1932, the Dow Jones index reached a lowest point of 41 points, and the biggest drop was as high as 89% from the highest point of 381 points. During the same period, the fund managed by Graham lost as much as 78%. This super bear market almost made him bankrupt.</p><p>Graham later made a comeback and wrote the investment bibles \"Securities Analysis\" and \"The Smart Investor\", summarizing an eternal basic principle of value investing: the margin of safety.</p><p>Safety first, profit second.</p><p><b>Dario: Stay calm and operate in reverse</b></p><p>Like Buffett, Dalio, founder of Bridgewater Fund, the world's largest hedge fund, also believes that investors need not panic in the face of a stock market decline and should remain calm.</p><p>Dalio said that investors are always easy to make the decision to sell when the market falls, but succumbing to fear is not a wise strategy, because doing so will not succeed.</p><p>On the contrary, when the market goes down, investors need to do the opposite operation, that is, when you no longer feel fear, you may need to sell; When you feel fear, you may need to buy.</p><p>At present, Bridgewater has become the largest hedge fund company in the world, with assets under management of up to 150 billion US dollars.</p><p>In the book Principles, Dalio shares three things he learned during the market crash: First, you shouldn't be outrageously overconfident and indulge yourself in being swayed by your emotions. No matter how much I know, no matter how diligent I am, I should never be confident in making absolute assertions.</p><p>Second, I once again realized the value of studying history; Third, timing the market is quite difficult. One of the keys to becoming a successful investor is to only make risky bets on investment objects you have a high degree of confidence in, and to fully diversify these objects.</p><p>Wise people always focus on solid fundamentals when going through all kinds of ups and downs; And frivolous people follow their feelings, make emotional reactions, rush to hot things, and give up immediately when they are not hot.</p><p>The safest way to have a lot of advantages without being exposed to unacceptable disadvantages is to make a series of good, unrelated bets that balance and complement each other.</p><p><b>Peter Lynch</b></p><p>The historical law of stock market volatility tells us that all big drops will pass and the stock market will always rise higher. Historical experience also shows that the stock market crash is actually a good opportunity to release risks and create investment, allowing you to buy those excellent company stocks at very low prices. But bargain hunting is not that simple. Instead of constantly buying the bottom and constantly being trapped, it is not too late to wait for the bottom to appear before intervening.</p><p>When the U.S. stock market crashed in 1987, many people went from millionaires to abject poverty, suffered mental breakdowns and even committed suicide. At that time, Peter Lynch, a superstar in the American securities industry, managed more than $10 billion Magellan Fund. In one day, the net asset value of the fund lost 18%, and the loss was as high as $2 billion.</p><p>Lynch, like all open-end fund managers, has only one option: dump the stock. In order to cope with the unusually huge redemptions, Lynch had to sell all his stocks.</p><p>More than a year later, Peter Lynch still feels scared when he recalls it. At that moment, I really wasn't sure whether it was the end of the world, or whether we were about to fall into a serious Great Depression, or whether things hadn't gotten that bad, just that Wall Street was about to die.</p><p>After that, Peter Lynch continued to experience many stock market crashes, but still achieved very successful performance.</p><p>First, don't sell all stocks at low prices because of panic. If you sell stocks in desperation during a stock market crash, your selling price will often be very low. The market in October 1987 was frightening, but there was no need to sell the stock one day or the next.</p><p>In November of that year, the stock market began to rise steadily. By June 1988, the market had rebounded by more than 400 points, which means an increase of more than 23%.</p><p>Second, you must have firm courage to hold good company stocks. Third, dare to buy stocks of good companies at low prices. A plunge is the best opportunity to make a lot of money: huge wealth is often made in such a stock market crash.</p><p><b>Soros</b></p><p>The economic history of the world is a series based on illusions and lies. The way to gain wealth is to recognize its illusion, invest in it, and then quit the game before the illusion is recognized by the public.</p><p>Before 1987, Soros thought that the Japanese stock market had a huge bubble and shorted Japanese stocks. The result was a fiasco, and the Japanese stock market was bullish in 1989. In his Wall Street commentary, Soros preached that the US stock market would be strong and the Japanese stock market would collapse, but the result was just the opposite: the US stock market crashed, but the Japanese stock market was strong.</p><p>In September 1987, Soros transferred billions of dollars of investment from Tokyo to Wall Street. However, it was not the Japanese stock market that first collapsed, but Wall Street in the United States.</p><p>On October 19, 1987, the Dow Jones Average in new york, USA, plummeted 508 points, setting a historical record at that time. Over the next week, the New York stock market fell all the way. However, the Japanese stock market is relatively strong. Soros decided to sell several large long-term stock holdings.</p><p>After other traders caught the relevant information, they took the opportunity to smash the sold stocks violently, reducing the cash discount of futures by 20%. Soros lost about $650 million to $800 million in this Wall Street meltdown.</p><p>This collapse caused the net assets of Quantum Fund to drop by 26.2%, far greater than the 17% decline of the U.S. stock market. Soros became the biggest loser of this disaster.</p><p>In the final analysis, the reason for Soros's fiasco was speculative psychology, and he tried to figure out the market opportunity and went his own way to a huge loss.</p><p>There is no shame in mistakes. What is shameful is that mistakes are obvious and not corrected. Take risks and be beyond reproach. But at the same time, remember not to put all your eggs in one basket. It doesn't matter whether it is right or wrong, the key is how much you lose when you make a mistake and how much you earn when you make a correct judgment.</p><p><b>Jim Rogers: Buy It's Worth, Sell It's Madness</b></p><p>Wall Street investment guru Jim Rogers once pointed out that you should wait patiently for a good opportunity, make money and take profits, and then wait for the next opportunity. Only in this way can we defeat others.</p><p>Market trends often show long-term downturns. In order to avoid plunging funds into a stagnant market, investors should wait for catalytic factors that can change market trends to appear. Buy what it's worth, sell what it's madness.</p><p><b>Philip Fisher</b></p><p>Philip Fisher is<a href=\"https://laohu8.com/S/000900\">Modern Investment</a>One of the pioneers of theory, the father of growth stock investment strategy, the godfather-level investment guru, and one of the most respected and respected investors on Wall Street.</p><p>Learn to spend a lot of time researching and not in a hurry to buy. In a continuous declining market environment, don't buy those unfamiliar stocks too quickly.</p><p>In 1929, the U.S. stock market was in a crazy bull market before the collapse, but Fisher found that the prospects of many industries in the United States were unstable and the stock market had a serious bubble.</p><p>In August, 1929, he submitted a report to senior bank executives that the worst big short market in 25 years would unfold. This can be said to be the most amazing stock market forecast in Fisher's life. Unfortunately, Fisher is bearish and long.</p><p>He said: \"I couldn't help but be confused by the power of the stock market. So I looked around for some cheap stocks because they hadn't gone up enough yet. Fisher didn't survive the sudden collapse of the US stock market in October 1929. He suffered heavy losses in the stock market crash, and Fisher lost all his money.\"</p><p>Fisher began to understand that the main factor that determines the stock price is not the P/E of the current year, but the expected P/E in the next few years. He said that if you can cultivate your own ability and determine the possible performance of a certain stock in the next few years within reasonable upper and lower limits, you can find a key, which will not only avoid losses, but also make huge profits.</p><p><b>Bill Miller</b></p><p>「<b>I often remind my analysts that your information about the company is 100% representative of the company's past, and the valuation of the stock is 100% dependent on the future.</b>」</p><p>The Legg Mason Value Trust Fund managed by Miller beat the S&P 500 index in a row during the 15 years from 1991 to 2005, creating the most brilliant fund manager performance record in history, and is known as the most successful fund manager in this era. However, in just one year, this honor was ruined by his own hands.</p><p>During the subprime mortgage crisis, the stocks of many excellent companies fell sharply continuously. Miller believed that investors overreacted, so he bought against the market trend. He thought that crisis was a great opportunity to make money, but it turned out to be the worst bear market since the Great Depression.</p><p>Although his reverse investment decisions in the past 15 years have proved to be correct afterwards, this time it has been miserable. Miller's stock list is like a list of martyrs in this crisis: AIG, Bear Stearns, Freddie Mac, Citigroup, Washington<a href=\"https://laohu8.com/S/BKMU\">Mutual Bank</a>Etc.</p><p>In 2008, Miller, 58, said in an interview: From the beginning, I failed to properly estimate the seriousness of this liquidity crisis.</p><p>Although Miller used to make money from market panics, he said that this time he didn't expect the crisis to be so serious and the fundamental problems to be so deep that all the high-quality listed companies that were once market leaders fell.</p><p>I'm still inexperienced, Miller said. It's terrible that every decision to buy stocks is wrong.</p><p>Lessons learned Any extraordinary portfolio can succeed for a certain period of time because it has the insurance of price misalignment. The market's estimate of this future number is wrong. We use a combination of factors to find out the price misalignment by comparing the market, the valuation of this company and our own valuation of the company.</p><p><b>The stock market plummeted, what should ordinary investors do?</b></p><p><b>Situation 1: The stock in hand has fallen into the cost zone</b></p><p>Suggestion: In this situation, cautious investors should choose to leave the market, and those who are more aggressive should also set a stop loss price, and then observe for a day or two before making a decision. Don't blindly sell down, and don't be emotional about the stocks you buy. At this moment, you must be clear-headed.</p><p><b>Situation 2: The stock in hand has suffered losses</b></p><p>Suggestion: This kind of loss also needs to be treated in categories. Investors can check the relevant information. If the stocks in their hands belong to the fund's heavy holdings, then don't blindly liquidate the positions. Even when the market plummets rapidly, you can cover the positions in batches and spread low costs., and fight to the end with the fund. (In case of a bear market decline or a stock market crash, this suggestion is not suitable)</p><p>However, if it is found by looking at the data that the main force of the stock is mainly manipulated by individual large investors, when the market for such stocks continues to be poor, investors should resolutely go out and keep cash for greater initiative. Because the main force of this kind of stock generally does not protect the market when the market really plummets.</p><p>In addition, there are some stocks with relatively light transactions, and there is no obvious sign of the main force's intervention, so a stop loss price must be set. The nature of this kind of stock is mainly to follow the trend. Once it falls below the long-term platform, it must resolutely leave the market.</p><p><b>Situation 3: Half the hand is money and half is stocks</b></p><p>Suggestion: If investors are profitable in this part of the stock and the market trend is always unclear, they should sell the stock and keep the cash. After all, there are many opportunities in the market, and only by retaining cash can you have a greater say in the market.</p><p>If this part of the stock in their hands has lost money, then investors should choose to quickly replenish the stocks in their hands after the market has fallen sharply and shows a stabilizing trend. However, if the stock has a large increase that day after covering the position, you can do a disguised T+0 that day to lock in part of the profit.</p><p><b>Situation 4: I have money in my hands and want to enter the market</b></p><p>Suggestion: If you are an aggressive investor and have a certain ability to watch the market, you can grab a rebound according to market conditions, but you should focus on short-term thinking.</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 did the gurus respond to the stock market decline?</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 12.5px; color: #7E829C; margin: 0;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nHow did the gurus respond to the stock market decline?\n</h2>\n<h4 class=\"meta\">\n<a class=\"head\" href=\"https://laohu8.com/wemedia/93\">\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/35928b82e1d94fecbe1be1572e5703b0);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">美股情报局 </p>\n<p class=\"h-time smaller\">2021-05-15 16:45</p>\n</div>\n</a>\n</h4>\n</header>\n<article>\n<p>How did gurus such as Buffett, Dalio, and Soros cope with the stock market decline?</p><p>Buffett said that when the stock market falls, don't pay close attention to the performance of the stock market, but keep calm and hold it for a long time.</p><p>Graham: First, never lose money; Second, never forget number one.</p><p>Dalio said that investors are always easy to make the decision to sell when the market falls, but succumbing to fear is not a wise strategy, because it will not be successful. Keep calm and operate in the opposite direction.</p><p>Peter Lynch said that the plunge is the best opportunity to make big money: huge wealth is often earned in such stock market crashes.</p><p>Soros: To get wealth, the way is to recognize its illusion, invest in it, and then quit the game before the illusion is recognized by the public.</p><p>Jim M.<a href=\"https://laohu8.com/S/ROG\">Rogers</a>: Buy what it's worth, sell it crazy.</p><p>What should the average investor do if the stock market plummets?</p><p><b>How do the gurus cope with the big drop?</b></p><p><b>Buffett: Keep Calm and Hold Long-Term</b></p><p>In the view of Warren Buffett, the best way for investors to remain calm and stick to the long-term investment principle when facing violent fluctuations in the stock market.</p><p>As a stock god with an investment career of more than 50 years, Buffett warned investors in an interview in 2016:<b>When the stock market is down, don't pay close attention to stock market performance. If an investor is worried when the stock market falls, and then thinks of throwing away his stocks when the stock market rebounds, then this investor will not get the ideal return in the end.</b>」</p><p>Buffett has always emphasized that long-term investment is an important factor in achieving ideal returns. He believes that the income from investing in the stock market comes from holding shares of high-quality companies for a long time. If investors buy stocks in high-quality companies and hold these stocks for 10, 20, 30 years, they will ultimately make good returns.</p><p>Buffett once explained in his annual letter to shareholders that the market is always fluctuating, so for every investor, regardless of the depth of investment experience, the best choice is to remain calm.</p><p>He wrote: Although the market is usually rational, the market occasionally goes crazy. For investors, it doesn't take much wisdom or a degree in economics to seize opportunities.</p><p>What investors need is the ability to ignore market panic or fanaticism and focus on fundamentals. In addition, it is also very important to be able to maintain the willingness to be boring or even stupid for a long time.</p><p><b>Graham</b></p><p><b>First, never lose money; Second, never forget number one.</b></p><p>Graham is Buffett's mentor, the father of securities analysis, and the originator of value investing. In September 1929, the Dow Jones index rose to a maximum of 381 points, and then began to fall. On October 29, the Dow Jones index plunged 12%. This day was described as the worst day in the 112-year history of the New York Stock Exchange. This is the most famous Black Tuesday in history.</p><p>In November 1929, the Dow Jones index fell as low as 198 points, and then stabilized and rebounded. By March 1930, it once rose to 286 points, a rebound of 43%. So many investors think that the worst is over and the stock market is about to reverse. Graham thought so too, so he began to enter the market to buy bottoms.</p><p>He copied all good stocks that were very cheap in terms of value evaluation. In order to obtain greater yields, he also used margin for leverage operations. But the stock market rally lasted until April and then began to plummet. The Dow Jones index fell 33% in 1930, while the fund managed by Graham lost as much as 50.5%.</p><p>By July 1932, the Dow Jones index reached a lowest point of 41 points, and the biggest drop was as high as 89% from the highest point of 381 points. During the same period, the fund managed by Graham lost as much as 78%. This super bear market almost made him bankrupt.</p><p>Graham later made a comeback and wrote the investment bibles \"Securities Analysis\" and \"The Smart Investor\", summarizing an eternal basic principle of value investing: the margin of safety.</p><p>Safety first, profit second.</p><p><b>Dario: Stay calm and operate in reverse</b></p><p>Like Buffett, Dalio, founder of Bridgewater Fund, the world's largest hedge fund, also believes that investors need not panic in the face of a stock market decline and should remain calm.</p><p>Dalio said that investors are always easy to make the decision to sell when the market falls, but succumbing to fear is not a wise strategy, because doing so will not succeed.</p><p>On the contrary, when the market goes down, investors need to do the opposite operation, that is, when you no longer feel fear, you may need to sell; When you feel fear, you may need to buy.</p><p>At present, Bridgewater has become the largest hedge fund company in the world, with assets under management of up to 150 billion US dollars.</p><p>In the book Principles, Dalio shares three things he learned during the market crash: First, you shouldn't be outrageously overconfident and indulge yourself in being swayed by your emotions. No matter how much I know, no matter how diligent I am, I should never be confident in making absolute assertions.</p><p>Second, I once again realized the value of studying history; Third, timing the market is quite difficult. One of the keys to becoming a successful investor is to only make risky bets on investment objects you have a high degree of confidence in, and to fully diversify these objects.</p><p>Wise people always focus on solid fundamentals when going through all kinds of ups and downs; And frivolous people follow their feelings, make emotional reactions, rush to hot things, and give up immediately when they are not hot.</p><p>The safest way to have a lot of advantages without being exposed to unacceptable disadvantages is to make a series of good, unrelated bets that balance and complement each other.</p><p><b>Peter Lynch</b></p><p>The historical law of stock market volatility tells us that all big drops will pass and the stock market will always rise higher. Historical experience also shows that the stock market crash is actually a good opportunity to release risks and create investment, allowing you to buy those excellent company stocks at very low prices. But bargain hunting is not that simple. Instead of constantly buying the bottom and constantly being trapped, it is not too late to wait for the bottom to appear before intervening.</p><p>When the U.S. stock market crashed in 1987, many people went from millionaires to abject poverty, suffered mental breakdowns and even committed suicide. At that time, Peter Lynch, a superstar in the American securities industry, managed more than $10 billion Magellan Fund. In one day, the net asset value of the fund lost 18%, and the loss was as high as $2 billion.</p><p>Lynch, like all open-end fund managers, has only one option: dump the stock. In order to cope with the unusually huge redemptions, Lynch had to sell all his stocks.</p><p>More than a year later, Peter Lynch still feels scared when he recalls it. At that moment, I really wasn't sure whether it was the end of the world, or whether we were about to fall into a serious Great Depression, or whether things hadn't gotten that bad, just that Wall Street was about to die.</p><p>After that, Peter Lynch continued to experience many stock market crashes, but still achieved very successful performance.</p><p>First, don't sell all stocks at low prices because of panic. If you sell stocks in desperation during a stock market crash, your selling price will often be very low. The market in October 1987 was frightening, but there was no need to sell the stock one day or the next.</p><p>In November of that year, the stock market began to rise steadily. By June 1988, the market had rebounded by more than 400 points, which means an increase of more than 23%.</p><p>Second, you must have firm courage to hold good company stocks. Third, dare to buy stocks of good companies at low prices. A plunge is the best opportunity to make a lot of money: huge wealth is often made in such a stock market crash.</p><p><b>Soros</b></p><p>The economic history of the world is a series based on illusions and lies. The way to gain wealth is to recognize its illusion, invest in it, and then quit the game before the illusion is recognized by the public.</p><p>Before 1987, Soros thought that the Japanese stock market had a huge bubble and shorted Japanese stocks. The result was a fiasco, and the Japanese stock market was bullish in 1989. In his Wall Street commentary, Soros preached that the US stock market would be strong and the Japanese stock market would collapse, but the result was just the opposite: the US stock market crashed, but the Japanese stock market was strong.</p><p>In September 1987, Soros transferred billions of dollars of investment from Tokyo to Wall Street. However, it was not the Japanese stock market that first collapsed, but Wall Street in the United States.</p><p>On October 19, 1987, the Dow Jones Average in new york, USA, plummeted 508 points, setting a historical record at that time. Over the next week, the New York stock market fell all the way. However, the Japanese stock market is relatively strong. Soros decided to sell several large long-term stock holdings.</p><p>After other traders caught the relevant information, they took the opportunity to smash the sold stocks violently, reducing the cash discount of futures by 20%. Soros lost about $650 million to $800 million in this Wall Street meltdown.</p><p>This collapse caused the net assets of Quantum Fund to drop by 26.2%, far greater than the 17% decline of the U.S. stock market. Soros became the biggest loser of this disaster.</p><p>In the final analysis, the reason for Soros's fiasco was speculative psychology, and he tried to figure out the market opportunity and went his own way to a huge loss.</p><p>There is no shame in mistakes. What is shameful is that mistakes are obvious and not corrected. Take risks and be beyond reproach. But at the same time, remember not to put all your eggs in one basket. It doesn't matter whether it is right or wrong, the key is how much you lose when you make a mistake and how much you earn when you make a correct judgment.</p><p><b>Jim Rogers: Buy It's Worth, Sell It's Madness</b></p><p>Wall Street investment guru Jim Rogers once pointed out that you should wait patiently for a good opportunity, make money and take profits, and then wait for the next opportunity. Only in this way can we defeat others.</p><p>Market trends often show long-term downturns. In order to avoid plunging funds into a stagnant market, investors should wait for catalytic factors that can change market trends to appear. Buy what it's worth, sell what it's madness.</p><p><b>Philip Fisher</b></p><p>Philip Fisher is<a href=\"https://laohu8.com/S/000900\">Modern Investment</a>One of the pioneers of theory, the father of growth stock investment strategy, the godfather-level investment guru, and one of the most respected and respected investors on Wall Street.</p><p>Learn to spend a lot of time researching and not in a hurry to buy. In a continuous declining market environment, don't buy those unfamiliar stocks too quickly.</p><p>In 1929, the U.S. stock market was in a crazy bull market before the collapse, but Fisher found that the prospects of many industries in the United States were unstable and the stock market had a serious bubble.</p><p>In August, 1929, he submitted a report to senior bank executives that the worst big short market in 25 years would unfold. This can be said to be the most amazing stock market forecast in Fisher's life. Unfortunately, Fisher is bearish and long.</p><p>He said: \"I couldn't help but be confused by the power of the stock market. So I looked around for some cheap stocks because they hadn't gone up enough yet. Fisher didn't survive the sudden collapse of the US stock market in October 1929. He suffered heavy losses in the stock market crash, and Fisher lost all his money.\"</p><p>Fisher began to understand that the main factor that determines the stock price is not the P/E of the current year, but the expected P/E in the next few years. He said that if you can cultivate your own ability and determine the possible performance of a certain stock in the next few years within reasonable upper and lower limits, you can find a key, which will not only avoid losses, but also make huge profits.</p><p><b>Bill Miller</b></p><p>「<b>I often remind my analysts that your information about the company is 100% representative of the company's past, and the valuation of the stock is 100% dependent on the future.</b>」</p><p>The Legg Mason Value Trust Fund managed by Miller beat the S&P 500 index in a row during the 15 years from 1991 to 2005, creating the most brilliant fund manager performance record in history, and is known as the most successful fund manager in this era. However, in just one year, this honor was ruined by his own hands.</p><p>During the subprime mortgage crisis, the stocks of many excellent companies fell sharply continuously. Miller believed that investors overreacted, so he bought against the market trend. He thought that crisis was a great opportunity to make money, but it turned out to be the worst bear market since the Great Depression.</p><p>Although his reverse investment decisions in the past 15 years have proved to be correct afterwards, this time it has been miserable. Miller's stock list is like a list of martyrs in this crisis: AIG, Bear Stearns, Freddie Mac, Citigroup, Washington<a href=\"https://laohu8.com/S/BKMU\">Mutual Bank</a>Etc.</p><p>In 2008, Miller, 58, said in an interview: From the beginning, I failed to properly estimate the seriousness of this liquidity crisis.</p><p>Although Miller used to make money from market panics, he said that this time he didn't expect the crisis to be so serious and the fundamental problems to be so deep that all the high-quality listed companies that were once market leaders fell.</p><p>I'm still inexperienced, Miller said. It's terrible that every decision to buy stocks is wrong.</p><p>Lessons learned Any extraordinary portfolio can succeed for a certain period of time because it has the insurance of price misalignment. The market's estimate of this future number is wrong. We use a combination of factors to find out the price misalignment by comparing the market, the valuation of this company and our own valuation of the company.</p><p><b>The stock market plummeted, what should ordinary investors do?</b></p><p><b>Situation 1: The stock in hand has fallen into the cost zone</b></p><p>Suggestion: In this situation, cautious investors should choose to leave the market, and those who are more aggressive should also set a stop loss price, and then observe for a day or two before making a decision. Don't blindly sell down, and don't be emotional about the stocks you buy. At this moment, you must be clear-headed.</p><p><b>Situation 2: The stock in hand has suffered losses</b></p><p>Suggestion: This kind of loss also needs to be treated in categories. Investors can check the relevant information. If the stocks in their hands belong to the fund's heavy holdings, then don't blindly liquidate the positions. Even when the market plummets rapidly, you can cover the positions in batches and spread low costs., and fight to the end with the fund. (In case of a bear market decline or a stock market crash, this suggestion is not suitable)</p><p>However, if it is found by looking at the data that the main force of the stock is mainly manipulated by individual large investors, when the market for such stocks continues to be poor, investors should resolutely go out and keep cash for greater initiative. Because the main force of this kind of stock generally does not protect the market when the market really plummets.</p><p>In addition, there are some stocks with relatively light transactions, and there is no obvious sign of the main force's intervention, so a stop loss price must be set. The nature of this kind of stock is mainly to follow the trend. Once it falls below the long-term platform, it must resolutely leave the market.</p><p><b>Situation 3: Half the hand is money and half is stocks</b></p><p>Suggestion: If investors are profitable in this part of the stock and the market trend is always unclear, they should sell the stock and keep the cash. After all, there are many opportunities in the market, and only by retaining cash can you have a greater say in the market.</p><p>If this part of the stock in their hands has lost money, then investors should choose to quickly replenish the stocks in their hands after the market has fallen sharply and shows a stabilizing trend. However, if the stock has a large increase that day after covering the position, you can do a disguised T+0 that day to lock in part of the profit.</p><p><b>Situation 4: I have money in my hands and want to enter the market</b></p><p>Suggestion: If you are an aggressive investor and have a certain ability to watch the market, you can grab a rebound according to market conditions, but you should focus on short-term thinking.</p>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://static.tigerbbs.com/8844d34a68c737501939fc425fd6195b","relate_stocks":{"BRK.A":"伯克希尔","BRK.B":"伯克希尔B"},"is_english":false,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2135983438","content_text":"巴菲特、达里奥、索罗斯等大师是如何应对股市下跌的？巴菲特表示当股市走跌时，不要密切关注股市表现，要保持冷静，长期持有。格雷厄姆：第一，永远不要亏损；第二，永远不要忘记第一条。达里奥表示，投资者在市场出现下跌时总是容易做出抛售的决定，但屈从恐惧并不是个明智的策略，因为这样做并不会取得成功，要保持镇定，反向操作。彼得林奇称暴跌是赚大钱的最好机会：巨大的财富往往就是在这种股市大跌中才有机会赚到。索罗斯：要获得财富，做法就是认清其假象，投入其中，然后在假象被公众认识之前退出游戏。吉姆·罗杰斯：买其所值，卖其疯狂。如果股市暴跌，普通投资者应该怎么办？大师们如何应对大跌？巴菲特：保持冷静，长期持有在股神巴菲特看来，投资者在面对股市剧烈波动时，最好的方法应该是保持冷静，并坚守长期持有的投资原则。作为拥有长达五十多年投资生涯的股神，巴菲特曾在2016年的一次采访中告诫投资者：「当股市走跌时，不要密切关注股市表现。如果一个投资者遇到股市下跌就忧心忡忡，然后想着等股市回升时就抛掉手中的股票，那么这种投资者最终不会获得理想的回报。」一直以来，巴菲特都在强调长期投资是取得理想收益的重要因素。他认为，投资股市所获得的收益来自于长期持有优质公司的股票。如果投资者购买优质公司的股票，且持有这些股票10年、20年、30年之久，那么他们最终将会取得不错的回报。巴菲特曾在致股东的年度信中解释说，市场总是处于波动之中，因此对于每个投资者来说，无论投资经验深浅，最好的选择就是保持镇定。他写道：虽然通常情况下市场是理性的，但市场偶尔也会有疯狂之举。对于投资者而言，抓住机遇并不需要太多的智慧或经济学位。投资者需要的，仅仅是无视市场恐慌或狂热的能力，并将注意力集中在基本面上即可。另外，能在相当长的时期内保持无趣、甚至是愚蠢的意愿也十分重要。格雷厄姆第一，永远不要亏损；第二，永远不要忘记第一条。格雷厄姆是巴菲特的导师，证券分析之父，价值投资的鼻祖。1929年9月，道琼斯指数最高涨到381点，随后开始下跌。10月29日，道琼斯指数暴跌12%，这一天被形容为纽约交易所112年历史上「最糟糕的一天」，这就是历史上最著名的「黑色星期二」。1929年11月，道琼斯指数最低跌到198点，然后企稳反弹。到1930年3月，一度涨到286点，反弹幅度高达43%。于是许多投资者认为最坏的时期已经过去了，股市将要大反转。格雷厄姆也这样认为，于是他开始进场抄底。他抄的都是从价值评估上看非常便宜的好股票，为了取得更大的收益率，他还利用保证金进行杠杆操作。但股市反弹持续到4月份后又开始暴跌，道琼斯指数在1930年下跌33%，而格雷厄姆管理的基金亏损高达50.5%。至1932年7月，道琼斯指数达到最低点41点，从最高点381点算起，最大跌幅高达89%，而同期格雷厄姆管理的基金亏损高达78%，这场超级大熊市几乎让他倾家荡产。格雷厄姆后来重新东山再起，写出投资圣经《证券分析》和《聪明的投资者》，总结出一个永恒的价值投资基本原则：安全边际。安全第一，赢利第二。达里奥：保持镇定，反向操作和巴菲特一样，全球最大对冲基金桥水基金创始人达里奥也认为，投资者在面对股市下跌时不必惊慌，应该保持冷静。达里奥表示，投资者在市场出现下跌时总是容易做出抛售的决定，但屈从恐惧并不是个明智的策略，因为这样做并不会取得成功。相反，在市场走跌时，投资者需要进行反向操作，即当你不再感到恐惧时，你可能需要卖出；当你感到恐惧时，你也许需要买进。目前，桥水基金已成为全球最大对冲基金公司，管理的资产规模高达1500亿美元。在《原则》一书中，达里奥分享了他在市场崩盘中学到的三件事情：第一，不应该离谱地过度自信，并放纵自己被情绪左右。无论我知道多少东西，无论我多么勤奋，我都不应该自信地做出绝对的断言。第二，我再次领会到研究历史的价值；第三，把握市场的时机相当困难。成为一个成功投资者的要决之一，是只对你有高度信心的投资对象进行冒险押注，并对这些对象进行充分的分散投资。明智的人在经历各种沉浮时都始终盯稳健的基本面；而轻浮的人跟着感觉走，做出情绪化的反应，对于热门的东西一拥而上，不热的时候又马上放弃。想要拥有很多优势，而又不暴露于不可接受的劣势之下，最稳妥的方式是做出一系列良好的、互不相关的押注，彼此平衡，相互补充。彼得·林奇股市波动的历史规律告诉我们，所有的大跌都会过去，股市永远会涨得更高。历史经验还表明，股市大跌其实是释放风险，创造投资的一次好机会，能以很低的价格买入那些很优秀的公司股票。但抄底并没有那么简单。与其去不断抄「底」，不断被套，不如等底部出现后再介入不迟。1987年美国股市大崩盘时，很多人由百万富翁沦为赤贫，精神崩溃甚至自杀。当时美国证券界超级巨星彼得·林奇管理着100多亿美元的麦哲伦基金，一天之内基金资产净值损失了18%，损失高达20亿美元。林奇和所有开放式基金经理一样，只有一个选择：抛售股票。为了应付非比寻常的巨额赎回，林奇不得不把股票都卖了。过了一年多，彼得·林奇回忆起来仍然感到害怕，「在那一时刻，我真的不能确定，到底是到了世界末日，还是我们即将陷入一场严重的经济大萧条，又或者是事情还没变得那么糟糕，仅仅只是华尔街即将完蛋？」之后彼得林奇继续经历过很多次股市大跌，但仍然取得了非常成功的绩效。第一，不要因恐慌而全部贱价抛出股票。如果你在股市暴跌中绝望地卖出股票，那么你的卖出价格往往会非常之低。1987年10月的行情让人感到惊恐不安，但没必要在这一天或第二天把股票抛出。当年11月份股市开始稳步上扬。到1988年6月，市场已经反弹了400多点，也就是说涨幅超过了23%。第二，对持有的好公司股票要有坚定的勇气。第三，要敢于低价买入好公司股票。暴跌是赚大钱的最好机会：巨大的财富往往就是在这种股市大跌中才有机会赚到。索罗斯世界经济史是一部基于假象和谎言的连续剧。要获得财富，做法就是认清其假象，投入其中，然后在假象被公众认识之前退出游戏。索罗斯1987年前认为日本股市泡沫巨大，放空日本股票，结果惨败，日本股市牛到了1989年。索罗斯在华尔街评论上鼓吹美国股市会坚挺，日本股市将会崩盘，而结果正好相反：美国股市崩盘了，日本股市却坚挺。1987年9月，索罗斯把几十亿美元的投资从东京转移到了华尔街。然而，首先出现大崩溃的不是日本证券市场，而恰恰是美国的华尔街。1987年10月19日，美国纽约道琼斯平均指数狂跌508点，创当时历史记录。在接下来的一个星期里，纽约股市一路下滑。而日本股市却相对坚挺。索罗斯决定抛售手中所持有的几个大的长期股票份额。其他的交易商捕捉到有关信息后，借机猛烈向下砸被抛售的股票，使期货的现金折扣降了20%。索罗斯在这场华尔街大崩溃中，损失了大约6.5亿到8亿美元。这场大崩溃使量子基金净资产跌落26.2%，远大于17%的美国股市的跌幅，索罗斯成了这场灾难的最大失败者。索罗斯当年的惨败原因归根结底是投机心理作祟，揣摩市场时机一意孤行的走到了巨额亏损的境地。错误并不可耻，可耻的是错误已经显而易见了还不去修正。承担风险，无可指责。但同时记住千万不能孤注一掷。对错都不重要，关键是弄错的时候你损失了多少，判断正确的时候又赚了多少。吉姆·罗杰斯：买其所值，卖其疯狂华尔街投资大师吉姆·罗杰斯曾指出，应该耐心等待好时机，赚了钱获利了结，然后等待下一次机会。如此，才可以战胜别人。市场走势时常会呈现长期的低迷不振，为了避免使资金陷入一潭死水的市场中，投资者应该等待能够改变市场走势的催化因素出现。买其所值，卖其疯狂。菲利普·费雪菲利普·费雪是现代投资理论的开路先锋之一，成长股投资策略之父，教父级的投资大师，华尔街极受尊重和推崇的投资家之一。要学会花很多时间来研究，并不急于买入。在一个连续下跌的市场环境中，不要过快地买入那些不熟悉的股票。1929年美国股市处在崩溃前的疯狂牛市中，但费雪发现美国许多产业前景不稳，股市有严重泡沫。1929年8月，他向银行高级主管提交了一份「25年来最严重的大空头市场将展开。」的报告。这可以说是费雪一生中最令人赞叹的股市预测，可惜的是费雪「看空做多」。他说：「我免不了被股市的魁力所惑。于是到处寻找一些还算便宜的股票，因为它们还没涨到位。」1929年10月美股突然崩溃，费雪也没有幸免于难，在股灾中他损失惨重，费雪亦血本无归。费雪开始明白，决定股票价格的主要因素，不是当年的P/E，而是未来几年的预期P/E。他说，若能培养自己的能力，在合理的上下限内确定某只股票未来几年可能的业绩，就能找到一把钥匙，不但能避免亏损，更能赚得厚利。比尔·米勒「我经常提醒我的分析师们，你们关于公司的信息100%代表了公司的过去，而股票的估值100%取决于未来。」米勒管理的Legg Mason价值型信托基金在1991—2005年这15年当中，连续战胜标准普尔500指数，创造了有史以来最辉煌的基金经理业绩记录，被誉为这个时代最成功的基金经理。然而，在短短一年时间里，这个荣誉就被他亲手毁掉了。在次贷危机中，很多原来非常优秀的公司股票连续大幅下跌，米勒认为投资者反应过度了，于是逆市买入。他本以为那次危机是一次大好的赚钱良机，结果危机却变成大萧条之后最惨重的大熊市。虽然过去15年来他逆向操作的投资决策事后都证明是正确的，但这次却栽得很惨。米勒的股票清单就像是这次危机中的「烈士榜」：AIG、贝尔斯登、房地美、花旗集团、华盛顿互助银行等。2008年，已经58岁的米勒接受采访时说：「从一开始我就没能恰当地估计到这场流动性危机的严重性」。尽管米勒以前经常从市场恐慌中赚钱，但他说，这次自己没想到危机会这么严重，基本面的问题如此之深，以至于曾贵为市场领头羊的优质上市公司居然统统倒下了。「我还是缺乏经验」，米勒说，「每一个买进股票的决定都是错的，真是太可怕了。」经验教训「任何超常发挥的投资组合，在某段时间内能成功，是因为具有价格错位的保险性。市场对这个未来数的估计是错的。我们通过比较市场，对此公司的估值以及我们自己对公司的估值，用多种要素组合的方法来找出价格错位。」股市暴跌，普通投资者怎么办？状况一：手中股票已经跌到成本区建议：在这种状况下，谨慎的投资者应该选择离场，比较激进的也要设置止损价，然后观察一两天再作出决定。不要盲目杀跌，也不要对自己买的股票有情绪，在这个时刻，头脑一定要清醒。状况二：手中股票已经出现亏损建议：这种亏损也需要分类对待，投资者可查看相关资料，如果手中股票属于基金重仓股，那么就不要盲目斩仓，甚至在大盘快速暴跌的情况下，可分批补仓，摊低成本，和基金死磕到底。（如遇熊市下跌过程中或股灾的时候，不适合用这条建议）而如果通过查看资料发现，该股票主力主要是由个别大户操纵的，这样的股票在市场持续不佳的情况下，投资者应该坚决出局，保住现金争取更大的主动性。因为这种股票的主力在大盘真正暴跌时一般不会护盘。另外，还有一些成交比较清淡的个股，没有明显主力介入的迹象，那么一定要设立止损价位，这种股票的性质主要以跟风为主，一旦跌破长期形成的平台，一定要坚决离场。状况三：手中一半是钱一半是股票建议：如果投资者这部分股票处于盈利状态，而市场趋势始终看不明朗，那么应将股票出掉，保留现金。毕竟市场中的机会很多，保留现金才能在市场中有更大的话语权。如果是手中这部分股票已经亏损，那么投资者应该选择市场在大幅下跌之后，并出现走稳趋向的时候，迅速补充自己手中的股票。而如果补仓后，该股当天涨幅较大，可当天做变相T+0，锁定一部分利润。状况四：手中都是钱想进场建议：如果是激进型的投资者，并有一定看盘能力的，可以根据市场情况抢反弹，但应以短线思维为主。","news_type":1,"symbols_score_info":{"BRK.B":0.9,"BRK.A":0.9}},"isVote":1,"tweetType":1,"viewCount":774,"authorTweetTopStatus":1,"verified":2,"comments":[{"author":{"id":"3576579618783903","authorId":"3576579618783903","name":"爱上投资学","avatar":"https://static.tigerbbs.com/3e312fbf8df67faa6e46a19ef6992c34","crmLevel":11,"crmLevelSwitch":1,"authorIdStr":"3576579618783903","idStr":"3576579618783903"},"content":"Stay calm. . It's important. .","text":"Stay calm. . It's important. .","html":"Stay calm. . It's important. ."}],"imageCount":0,"langContent":"EN","totalScore":0},{"id":124093614,"gmtCreate":1624703134738,"gmtModify":1703843899134,"author":{"id":"3577343858256661","authorId":"3577343858256661","name":"kenp","avatar":"https://static.tigerbbs.com/658bc030049b2996b0e2f267da086675","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3577343858256661","idStr":"3577343858256661"},"themes":[],"htmlText":"Good&nbsp;","listText":"Good&nbsp;","text":"Good","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":8,"repostSize":1,"link":"https://ttm.financial/post/124093614","repostId":"1125653339","repostType":4,"isVote":1,"tweetType":1,"viewCount":674,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9039991087,"gmtCreate":1645866831994,"gmtModify":1676534071609,"author":{"id":"3577343858256661","authorId":"3577343858256661","name":"kenp","avatar":"https://static.tigerbbs.com/658bc030049b2996b0e2f267da086675","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3577343858256661","idStr":"3577343858256661"},"themes":[],"htmlText":"No&nbsp;","listText":"No&nbsp;","text":"No","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9039991087","repostId":"1168359400","repostType":4,"repost":{"id":"1168359400","kind":"news","weMediaInfo":{"introduction":"中国大陆领先的金融数据、信息和软件服务企业，总部位于上海陆家嘴金融中心。","home_visible":1,"media_name":"Wind万得","id":"99","head_image":"https://static.tigerbbs.com/c71e30d1317b4a5cb20a41998e10ac68"},"pubTimestamp":1645845222,"share":"https://ttm.financial/m/news/1168359400?lang=en_US&edition=fundamental","pubTime":"2022-02-26 11:13","market":"us","language":"zh","title":"Goldman Sachs: Nothing can stop the Fed's March rate hike of 25bp","url":"https://stock-news.laohu8.com/highlight/detail?id=1168359400","media":"Wind万得","summary":"在高盛看来，无论风险事件如何迷雾重重，美联储既定的方向都不会受到影响。","content":"<p><html><head></head><body>The situation facing the Federal Reserve is unprecedentedly complicated. On the one hand, geopolitical risks have pushed the prices of several commodities to historical highs, and inflation levels have soared visibly.</p><p>On the other hand, the surge in commodity prices hinders the global economic recovery, which may lead to a faster and more painful economic downturn. How on earth will the Fed act?</p><p>In Goldman's view, no matter how foggy the risk events are, the established direction of the Fed will not be affected.</p><p>According to Goldman Sachs estimates,<b>The current event risk level can only rank fourth in the last 40 years.</b></p><p><img src=\"https://static.tigerbbs.com/747435ef8ff5ef936e8315c161252782\" tg-width=\"796\" tg-height=\"503\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"/></p><p>According to common sense, geopolitical risks must be the considerations faced by central banks, especially the Federal Reserve, when assessing whether to continue monetary tightening.</p><p>To be sure,<b>Central banks have always been cautious about tightening financial conditions, or at least moderately easing them, amid major global geopolitical conflicts</b>, especially if a global economic recession is one of the potential side effects of a full-scale conflict between Russia and Ukraine.</p><p>On Thursday, Goldman Sachs chief economist Jan Hatzius analyzed the potential impact of a potential Russia-Ukraine conflict on the U.S. economy and Fed policy. Jan Hatzius believes that any direct impact of the conflict on the U.S. economy is limited because the U.S. has weak trade links with Russia and Ukraine, and energy prices may be affected much less than in Europe.</p><p>However, spiking oil prices are a huge red flag. According to Goldman Sachs, a $10 per barrel increase in oil prices will increase the core inflation rate in the United States by 3.5% and the headline inflation rate by 20bp, but only affect the GDP growth rate by less than 0.1%.</p><p>While geopolitical events are certainly negative for inflation and economic growth, the impact from tightening financial conditions is the most unpredictable. The data shows that after past geopolitical risk events, the financial situation in the United States has rarely seen substantial tightening, although it is difficult to summarize the current situation.</p><p>As Goldman Sachs put it, \"Financial conditions have tightened further,<b>Increased uncertainty facing businesses will further drag on U.S. economic growth</b>”。</p><p><img src=\"https://static.tigerbbs.com/6a92a5f14fc15e76a7e7bfabc7a24b12\" tg-width=\"796\" tg-height=\"504\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"/></p><p>So what does this mean for the Fed?</p><p>Goldman Sachs acknowledged for the first time that Street consensus estimates of up to seven (or more) Fed rate hike in 2022 may not materialize,<b>Because \"the combination of upside risks to inflation and downside risks to growth has a complex impact on monetary policy\".</b></p><p>Historically, Fed officials have sometimes tended to delay major policy decisions until uncertainty surrounding geopolitical risks has waned.</p><p>For example, during September 11, 2001 or 2018, the Federal Open Market Committee also lowered its Federal Funds rate. Of course, this is not an option right now, as interest rates are now 0% and inflation has reached 7.5%.</p><p>Reviewing the Fed's attitude towards geopolitical events in history, Goldman Sachs focused on analyzing the current situation of the Fed. The bank said, \"The current situation is different from several times in the past, when geopolitical events caused the Fed to delay tightening or pursue loose monetary policy, because inflation risks have created a stronger and stronger situation for the Fed to tighten monetary policy today than in the past. pressing reason\".</p><p>Jan Hatzius noted that with some wage price dynamics showing signs that inflation expectations are already high in the near term, \"<b>Further increases in commodity prices could be more worrying than usual</b>”。</p><p>Therefore, although Goldman Sachs expects geopolitical risks, it will not prevent the Federal Open Market Committee from steadily rate hike 25bp at its upcoming meeting, \"<b>But we do think geopolitical uncertainty further reduces the likelihood of a 50 basis point rate hike in March</b>”。</p><p>In short, Goldman Sachs believes that the Federal Reserve will not give up its 25bp rate hike in March because of the Russia-Ukraine incident. At least four officials of the Federal Reserve have recently made public speeches saying that the uncertainty of geopolitical events is an important factor in the downturn of the US economy.</p><p>Goldman Sachs believes that some Federal Reserve voting committees regard the negative impact of geopolitical events on the U.S. economy as a compelling reason not to rate hike 50bp in March.</p><p>For now, the market seems to agree with Goldman Sachs. Earlier this month, the probability of the Fed's 50bp rate hike in March reached nearly 100%, but it has now dropped to 20%.</p><p>Looking at the whole year, traders remain confident,<b>The Fed will somehow do at least 6 rate hike in 2022 and not send the economy into a recession</b>。</p><p></body></html></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>Goldman Sachs: Nothing can stop the Fed's March rate hike of 25bp</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 12.5px; color: #7E829C; margin: 0;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nGoldman Sachs: Nothing can stop the Fed's March rate hike of 25bp\n</h2>\n<h4 class=\"meta\">\n<a class=\"head\" href=\"https://laohu8.com/wemedia/99\">\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/c71e30d1317b4a5cb20a41998e10ac68);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Wind万得 </p>\n<p class=\"h-time smaller\">2022-02-26 11:13</p>\n</div>\n</a>\n</h4>\n</header>\n<article>\n<p><html><head></head><body>The situation facing the Federal Reserve is unprecedentedly complicated. On the one hand, geopolitical risks have pushed the prices of several commodities to historical highs, and inflation levels have soared visibly.</p><p>On the other hand, the surge in commodity prices hinders the global economic recovery, which may lead to a faster and more painful economic downturn. How on earth will the Fed act?</p><p>In Goldman's view, no matter how foggy the risk events are, the established direction of the Fed will not be affected.</p><p>According to Goldman Sachs estimates,<b>The current event risk level can only rank fourth in the last 40 years.</b></p><p><img src=\"https://static.tigerbbs.com/747435ef8ff5ef936e8315c161252782\" tg-width=\"796\" tg-height=\"503\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"/></p><p>According to common sense, geopolitical risks must be the considerations faced by central banks, especially the Federal Reserve, when assessing whether to continue monetary tightening.</p><p>To be sure,<b>Central banks have always been cautious about tightening financial conditions, or at least moderately easing them, amid major global geopolitical conflicts</b>, especially if a global economic recession is one of the potential side effects of a full-scale conflict between Russia and Ukraine.</p><p>On Thursday, Goldman Sachs chief economist Jan Hatzius analyzed the potential impact of a potential Russia-Ukraine conflict on the U.S. economy and Fed policy. Jan Hatzius believes that any direct impact of the conflict on the U.S. economy is limited because the U.S. has weak trade links with Russia and Ukraine, and energy prices may be affected much less than in Europe.</p><p>However, spiking oil prices are a huge red flag. According to Goldman Sachs, a $10 per barrel increase in oil prices will increase the core inflation rate in the United States by 3.5% and the headline inflation rate by 20bp, but only affect the GDP growth rate by less than 0.1%.</p><p>While geopolitical events are certainly negative for inflation and economic growth, the impact from tightening financial conditions is the most unpredictable. The data shows that after past geopolitical risk events, the financial situation in the United States has rarely seen substantial tightening, although it is difficult to summarize the current situation.</p><p>As Goldman Sachs put it, \"Financial conditions have tightened further,<b>Increased uncertainty facing businesses will further drag on U.S. economic growth</b>”。</p><p><img src=\"https://static.tigerbbs.com/6a92a5f14fc15e76a7e7bfabc7a24b12\" tg-width=\"796\" tg-height=\"504\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"/></p><p>So what does this mean for the Fed?</p><p>Goldman Sachs acknowledged for the first time that Street consensus estimates of up to seven (or more) Fed rate hike in 2022 may not materialize,<b>Because \"the combination of upside risks to inflation and downside risks to growth has a complex impact on monetary policy\".</b></p><p>Historically, Fed officials have sometimes tended to delay major policy decisions until uncertainty surrounding geopolitical risks has waned.</p><p>For example, during September 11, 2001 or 2018, the Federal Open Market Committee also lowered its Federal Funds rate. Of course, this is not an option right now, as interest rates are now 0% and inflation has reached 7.5%.</p><p>Reviewing the Fed's attitude towards geopolitical events in history, Goldman Sachs focused on analyzing the current situation of the Fed. The bank said, \"The current situation is different from several times in the past, when geopolitical events caused the Fed to delay tightening or pursue loose monetary policy, because inflation risks have created a stronger and stronger situation for the Fed to tighten monetary policy today than in the past. pressing reason\".</p><p>Jan Hatzius noted that with some wage price dynamics showing signs that inflation expectations are already high in the near term, \"<b>Further increases in commodity prices could be more worrying than usual</b>”。</p><p>Therefore, although Goldman Sachs expects geopolitical risks, it will not prevent the Federal Open Market Committee from steadily rate hike 25bp at its upcoming meeting, \"<b>But we do think geopolitical uncertainty further reduces the likelihood of a 50 basis point rate hike in March</b>”。</p><p>In short, Goldman Sachs believes that the Federal Reserve will not give up its 25bp rate hike in March because of the Russia-Ukraine incident. At least four officials of the Federal Reserve have recently made public speeches saying that the uncertainty of geopolitical events is an important factor in the downturn of the US economy.</p><p>Goldman Sachs believes that some Federal Reserve voting committees regard the negative impact of geopolitical events on the U.S. economy as a compelling reason not to rate hike 50bp in March.</p><p>For now, the market seems to agree with Goldman Sachs. Earlier this month, the probability of the Fed's 50bp rate hike in March reached nearly 100%, but it has now dropped to 20%.</p><p>Looking at the whole year, traders remain confident,<b>The Fed will somehow do at least 6 rate hike in 2022 and not send the economy into a recession</b>。</p><p></body></html></p>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://static.tigerbbs.com/02a85629f2a809e4eabd8677140a5f70","relate_stocks":{".DJI":"道琼斯"},"source_url":"","is_english":false,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1168359400","content_text":"美联储面临的情况前所未有的复杂，一方面地缘政治风险将数种大宗商品价格推升至历史高位，通胀水平肉眼可见的飙升了。另一方面，商品价格大涨阻碍全球经济复苏，可能导致更快、更痛苦的经济下滑。美联储究竟会怎么行动？在高盛看来，无论风险事件如何迷雾重重，美联储既定的方向都不会受到影响。据高盛估算，当前的事件风险水平，在最近40年里只能排到第4位。按常理推断，地缘政治风险，必定是各国央行，尤其是美联储在评估是否继续实施货币紧缩时所面临的考虑因素。可以肯定的是，各国央行总是在重大全球地缘政治冲突中，对将金融状况收紧持谨慎态度，或者至少适度放松，尤其是如果全球经济衰退是俄乌全面冲突的潜在副作用之一。本周四，高盛首席经济学家Jan Hatzius 分析了潜在的俄乌冲突对美国经济和美联储政策的潜在影响。Jan Hatzius 认为，这场冲突对美国经济的任何直接影响都是有限的，因为美国与俄罗斯和乌克兰的贸易联系薄弱，能源价格受影响的程度可能远低于欧洲。然而，油价飙升是一个巨大的危险信号。根据高盛的数据，石油价格每桶上涨10美元，将使美国核心通胀率提高3.5%，总体通胀率提高20bp，但只影响GDP增长率下降不到0.1%。虽然地缘政治事件对通胀和经济增长肯定是负面的，但金融环境紧缩带来的影响是最不可预测的。数据显示，过去的地缘政治风险事件之后，美国金融状况很少出现有实质性的紧缩，尽管很难概括到目前的情况。正如高盛所言，“金融状况进一步收紧，企业面临的不确定性增加，将进一步拖累美国经济增长”。那这对美联储又意味着什么呢？高盛首次承认，华尔街对美联储在2022年高达7次（或更多）加息的普遍估计可能不会实现，因为“通胀上行风险和增长下行风险的组合，对货币政策的影响是复杂的“。从历史上看，美联储官员有时倾向于推迟重大政策决策，直到围绕地缘政治风险的不确定性减弱。例如2001年9月11日或2018年期间，联邦公开市场委员会还降低了联邦基金利率。当然，这不是现在的一个选项，因为现在的利率为0%，通货膨胀率已经达到7.5%。回顾了历史上美联储对待地缘政治事件的态度，高盛重点分析了美联储现在的处境。该行称，“当前的情况与过去几次不同，当时地缘政治事件导致美联储推迟收紧或进行宽松的货币政策，因为通胀风险为美联储今天收紧货币政策创造了比过去几次更强烈、更紧迫的理由”。Jan Hatzius 指出，随着一些工资价格动态显示，近期通胀预期已经很高的迹象，“大宗商品价格的进一步上涨可能比平常更令人担忧”。因此，尽管高盛预计地缘政治风险，不会阻止联邦公开市场委员会在即将召开的会议上稳步加息25bp，“但我们确实认为地缘政治的不确定性进一步降低了3月份加息50个基点的可能性”。简而言之，高盛认为，美联储不会因为俄乌事件而放弃在3月份加息25bp。美联储至少有4位官员近期公开讲话表示，地缘政治事件的不确定性是美国经济下行的重要因素。高盛认为，一些美联储票委会将地缘政治事件对美国经济的负面影响视为一个令人信服的理由，不在3月份加息50bp。目前，市场似乎同意高盛的看法。在本月早些时候，美联储3月加息50bp的可能性达到近100%后，目前已经降至20%。从全年来看，交易员仍有信心，美联储将以某种方式在2022年至少6次加息，并且不会让经济陷入衰退。","news_type":1,"symbols_score_info":{".DJI":0.9}},"isVote":1,"tweetType":1,"viewCount":1133,"authorTweetTopStatus":1,"verified":2,"comments":[{"author":{"id":"3576579618783903","authorId":"3576579618783903","name":"爱上投资学","avatar":"https://static.tigerbbs.com/3e312fbf8df67faa6e46a19ef6992c34","crmLevel":11,"crmLevelSwitch":1,"authorIdStr":"3576579618783903","idStr":"3576579618783903"},"content":"25bp is better than 50bp！","text":"25bp is better than 50bp！","html":"25bp is better than 50bp！"}],"imageCount":0,"langContent":"EN","totalScore":0},{"id":375852643,"gmtCreate":1619326441682,"gmtModify":1704722498292,"author":{"id":"3577343858256661","authorId":"3577343858256661","name":"kenp","avatar":"https://static.tigerbbs.com/658bc030049b2996b0e2f267da086675","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3577343858256661","idStr":"3577343858256661"},"themes":[],"htmlText":"Good&nbsp;","listText":"Good&nbsp;","text":"Good","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":10,"repostSize":0,"link":"https://ttm.financial/post/375852643","repostId":"1180924199","repostType":4,"isVote":1,"tweetType":1,"viewCount":690,"authorTweetTopStatus":1,"verified":2,"comments":[{"author":{"id":"3576579618783903","authorId":"3576579618783903","name":"爱上投资学","avatar":"https://static.tigerbbs.com/3e312fbf8df67faa6e46a19ef6992c34","crmLevel":11,"crmLevelSwitch":1,"authorIdStr":"3576579618783903","idStr":"3576579618783903"},"content":"Not good. . .","text":"Not good. . .","html":"Not good. . ."},{"author":{"id":"3577343858256661","authorId":"3577343858256661","name":"kenp","avatar":"https://static.tigerbbs.com/658bc030049b2996b0e2f267da086675","crmLevel":11,"crmLevelSwitch":0,"authorIdStr":"3577343858256661","idStr":"3577343858256661"},"content":"Are you my friend, every time I just buy the share... You said will drop [Cry] [Cry] [Cry]","text":"Are you my friend, every time I just buy the share... You said will drop [Cry] [Cry] [Cry]","html":"Are you my friend, every time I just buy the share... You said will drop [Cry] [Cry] [Cry]"}],"imageCount":0,"langContent":"EN","totalScore":0},{"id":105832391,"gmtCreate":1620287805713,"gmtModify":1704341363747,"author":{"id":"3577343858256661","authorId":"3577343858256661","name":"kenp","avatar":"https://static.tigerbbs.com/658bc030049b2996b0e2f267da086675","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3577343858256661","idStr":"3577343858256661"},"themes":[],"htmlText":"Good&nbsp;","listText":"Good&nbsp;","text":"Good","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":8,"repostSize":0,"link":"https://ttm.financial/post/105832391","repostId":"1180972135","repostType":4,"isVote":1,"tweetType":1,"viewCount":893,"authorTweetTopStatus":1,"verified":2,"comments":[{"author":{"id":"3576579618783903","authorId":"3576579618783903","name":"爱上投资学","avatar":"https://static.tigerbbs.com/3e312fbf8df67faa6e46a19ef6992c34","crmLevel":11,"crmLevelSwitch":1,"authorIdStr":"3576579618783903","idStr":"3576579618783903"},"content":"The government's move is to popularize safe and effective vaccines as soon as possible and end the novel coronavirus pneumonia epidemic. She also said that the US government will continue to strengthen cooperation with the private sector and all possible partners, expand the manufacture and distribution of vaccines, and strive to increase the raw materials needed to produce these vaccines. This move by the United States may expand the global supply of novel coronavirus pneumonia vaccines and narrow the vaccination gap between rich and poor countries.","text":"The government's move is to popularize safe and effective vaccines as soon as possible and end the novel coronavirus pneumonia epidemic. She also said that the US government will continue to strengthen cooperation with the private sector and all possible partners, expand the manufacture and distribution of vaccines, and strive to increase the raw materials needed to produce these vaccines. This move by the United States may expand the global supply of novel coronavirus pneumonia vaccines and narrow the vaccination gap between rich and poor countries.","html":"The government's move is to popularize safe and effective vaccines as soon as possible and end the novel coronavirus pneumonia epidemic. She also said that the US government will continue to strengthen cooperation with the private sector and all possible partners, expand the manufacture and distribution of vaccines, and strive to increase the raw materials needed to produce these vaccines. This move by the United States may expand the global supply of novel coronavirus pneumonia vaccines and narrow the vaccination gap between rich and poor countries."}],"imageCount":0,"langContent":"EN","totalScore":0},{"id":132361379,"gmtCreate":1622072693791,"gmtModify":1704178783783,"author":{"id":"3577343858256661","authorId":"3577343858256661","name":"kenp","avatar":"https://static.tigerbbs.com/658bc030049b2996b0e2f267da086675","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3577343858256661","idStr":"3577343858256661"},"themes":[],"htmlText":"Good&nbsp;","listText":"Good&nbsp;","text":"Good","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":7,"repostSize":0,"link":"https://ttm.financial/post/132361379","repostId":"1116624470","repostType":4,"repost":{"id":"1116624470","kind":"news","weMediaInfo":{"introduction":"为用户提供金融资讯、行情、数据，旨在帮助投资者理解世界，做投资决策。","home_visible":1,"media_name":"老虎资讯综合","id":"102","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"pubTimestamp":1622072210,"share":"https://ttm.financial/m/news/1116624470?lang=en_US&edition=fundamental","pubTime":"2021-05-27 07:36","market":"hk","language":"zh","title":"Snowflake's revenue surges ahead of expectations, sees slowing growth this quarter","url":"https://stock-news.laohu8.com/highlight/detail?id=1116624470","media":"老虎资讯综合","summary":"美东时间5月26日周三美股盘后，云计算独角兽Snowflake自去年9月上市以来第二次公布季度财报。去年吸引巴菲特50多年来首度打新的Snowflake今年保持了收入的高增长，并且上调了全财年的收入指","content":"<p>After the U.S. stock market closed on Wednesday, May 26, Eastern Time, cloud computing unicorns<a href=\"https://laohu8.com/S/SNOW\">Snowflake</a>It reported quarterly earnings for the second time since going public last September. Snowflake, which attracted Buffett to launch a new company for the first time in more than 50 years last year, has maintained high revenue growth this year and raised its revenue guidance for the full fiscal year.</p><p>The financial report shows that as of the first fiscal quarter of fiscal year 2022 on April 30, operating income continued to maintain a year-on-year growth rate of more than 100%. The performance of key financial indicators and user indicators is as follows:</p><p><ul><li>Operating income in the first fiscal quarter was US $228.9 million, a year-on-year increase of 110%, higher than analysts' expectations of US $213.4 million. Revenue in the previous fiscal quarter, the fourth fiscal quarter of fiscal year 2021, increased by 119% year-on-year.</li><li>Product revenue for the quarter was US $213.8 million, a year-on-year increase of 110%, compared with analysts expecting US $198 million.</li><li>Loss per share for the quarter was $0.70, unchanged from analysts' expectations; The net loss for the quarter was US $203.2 million, 2.17 times the loss of US $93.6 million in the same period of last fiscal year.</li><li>Adjusted operating profit for the quarter was US $35.8 million, a year-on-year decrease of 16%, and a 24% decline in the previous fiscal quarter.</li><li>The residual performance value (RPO), a future revenue indicator that represents the revenue due under the contract but has not yet been recognized, ended the quarter at US $1.4 billion, a year-on-year increase of 206%.</li><li>The total number of customers at the end of the quarter was 4,532, higher than analysts' expectations of 4,500, of which 187 were on the Fortune 500 list last year, a year-on-year increase of 30%; A total of 104 major customers contributed more than US $1 million in product revenue in the last 12 months, a year-on-year increase of 117%.</li><li>The customer retention indicator net revenue retention rate rose to 168% at the end of the quarter from 162% in the previous fiscal quarter, setting a new high.</li></ul><img src=\"https://static.tigerbbs.com/8d6d0028b9b8bb8e954d7f74e0be3299\" tg-width=\"4000\" tg-height=\"2250\" referrerpolicy=\"no-referrer\"></p><p>In terms of performance guidance, Snowflake expects product revenue in the second fiscal quarter to be approximately US $235 million to US $240 million, equivalent to a year-on-year increase of 88% to 92%, higher than analysts' expectations of US $233.4 million; It is estimated that for the full year of fiscal year 2022 ending January 31 next year, product revenue will be US $1.02 billion to US $1.04 billion, an increase of 84% to 87% from fiscal year 2021, and compared with the company's previous forecast range of US $1 billion to US $1.02 billion. An increase of 1.4%-2%.</p><p>According to the above guidance, Snowflake's product revenue will grow by 92% at the fastest this quarter, which is slower than the previous two quarters, and from the perspective of full-year revenue growth, the growth rate in the next quarter will not exceed 100%, which may slow down further.</p><p>However, after the financial report was announced, Snowflake's stock price plunged after the U.S. stock market closed, falling by more than 8% at one point. Before the financial report was announced, as of the close of trading on Wednesday, Snowflake had fallen by about 16% this year, which was significantly lower than the broader market. The S&P 500 rose nearly 12% during the same period.<img src=\"https://static.tigerbbs.com/a77505e68861db5e50a03811031d1178\" tg-width=\"704\" tg-height=\"569\" referrerpolicy=\"no-referrer\"></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>Snowflake's revenue surges ahead of expectations, sees slowing growth this quarter</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 12.5px; color: #7E829C; margin: 0;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nSnowflake's revenue surges ahead of expectations, sees slowing growth this quarter\n</h2>\n<h4 class=\"meta\">\n<a class=\"head\" href=\"https://laohu8.com/wemedia/102\">\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\">老虎资讯综合 </p>\n<p class=\"h-time smaller\">2021-05-27 07:36</p>\n</div>\n</a>\n</h4>\n</header>\n<article>\n<p>After the U.S. stock market closed on Wednesday, May 26, Eastern Time, cloud computing unicorns<a href=\"https://laohu8.com/S/SNOW\">Snowflake</a>It reported quarterly earnings for the second time since going public last September. Snowflake, which attracted Buffett to launch a new company for the first time in more than 50 years last year, has maintained high revenue growth this year and raised its revenue guidance for the full fiscal year.</p><p>The financial report shows that as of the first fiscal quarter of fiscal year 2022 on April 30, operating income continued to maintain a year-on-year growth rate of more than 100%. The performance of key financial indicators and user indicators is as follows:</p><p><ul><li>Operating income in the first fiscal quarter was US $228.9 million, a year-on-year increase of 110%, higher than analysts' expectations of US $213.4 million. Revenue in the previous fiscal quarter, the fourth fiscal quarter of fiscal year 2021, increased by 119% year-on-year.</li><li>Product revenue for the quarter was US $213.8 million, a year-on-year increase of 110%, compared with analysts expecting US $198 million.</li><li>Loss per share for the quarter was $0.70, unchanged from analysts' expectations; The net loss for the quarter was US $203.2 million, 2.17 times the loss of US $93.6 million in the same period of last fiscal year.</li><li>Adjusted operating profit for the quarter was US $35.8 million, a year-on-year decrease of 16%, and a 24% decline in the previous fiscal quarter.</li><li>The residual performance value (RPO), a future revenue indicator that represents the revenue due under the contract but has not yet been recognized, ended the quarter at US $1.4 billion, a year-on-year increase of 206%.</li><li>The total number of customers at the end of the quarter was 4,532, higher than analysts' expectations of 4,500, of which 187 were on the Fortune 500 list last year, a year-on-year increase of 30%; A total of 104 major customers contributed more than US $1 million in product revenue in the last 12 months, a year-on-year increase of 117%.</li><li>The customer retention indicator net revenue retention rate rose to 168% at the end of the quarter from 162% in the previous fiscal quarter, setting a new high.</li></ul><img src=\"https://static.tigerbbs.com/8d6d0028b9b8bb8e954d7f74e0be3299\" tg-width=\"4000\" tg-height=\"2250\" referrerpolicy=\"no-referrer\"></p><p>In terms of performance guidance, Snowflake expects product revenue in the second fiscal quarter to be approximately US $235 million to US $240 million, equivalent to a year-on-year increase of 88% to 92%, higher than analysts' expectations of US $233.4 million; It is estimated that for the full year of fiscal year 2022 ending January 31 next year, product revenue will be US $1.02 billion to US $1.04 billion, an increase of 84% to 87% from fiscal year 2021, and compared with the company's previous forecast range of US $1 billion to US $1.02 billion. An increase of 1.4%-2%.</p><p>According to the above guidance, Snowflake's product revenue will grow by 92% at the fastest this quarter, which is slower than the previous two quarters, and from the perspective of full-year revenue growth, the growth rate in the next quarter will not exceed 100%, which may slow down further.</p><p>However, after the financial report was announced, Snowflake's stock price plunged after the U.S. stock market closed, falling by more than 8% at one point. Before the financial report was announced, as of the close of trading on Wednesday, Snowflake had fallen by about 16% this year, which was significantly lower than the broader market. The S&P 500 rose nearly 12% during the same period.<img src=\"https://static.tigerbbs.com/a77505e68861db5e50a03811031d1178\" tg-width=\"704\" tg-height=\"569\" referrerpolicy=\"no-referrer\"></p>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://static.tigerbbs.com/30f535b280c5fc57a2528c0f3477d416","relate_stocks":{"SNOW":"Snowflake"},"is_english":false,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1116624470","content_text":"美东时间5月26日周三美股盘后，云计算独角兽Snowflake自去年9月上市以来第二次公布季度财报。去年吸引巴菲特50多年来首度打新的Snowflake今年保持了收入的高增长，并且上调了全财年的收入指引。财报显示，截至4月30日的2022财年第一财季，营业收入继续保持100%以上的同比增速。主要财务指标和用户指标的表现如下：第一财季营业收入为2.289亿美元，同比增长110%，高于分析师预期的2.134亿美元，上一财季、即2021财年第四财季营收同比增119%。当季产品营收2.138亿美元，同比也增长110%，分析师预期1.980亿美元。当季每股亏损0.70美元，持平分析师预期；当季净亏损2.032亿美元，是上财年同期亏损额9360万美元的2.17倍。当季调整后营业利润3580万美元，同比下降16%，上一财季下滑24%。代表根据合约约定应得但尚未确认收入的未来营收指标——剩余履约价值（RPO）季末为14亿美元，同比增长206%。季末客户总数4532家，高于分析师预期的4500，其中去年财富500强上榜企业187家，同比增长30%；最近12个月内贡献产品收入超过100万美元的大客户共104家，同比增长117%。客户留存指标净收入留存率季末从上一财季的162%升至168%，再创新高。在业绩指引方面，Snowflake预计，第二财季产品营收约为2.35亿到2.40亿美元，相当于同比增长88%到92%，高于分析师预期的2.334亿美元；预计在截至明年1月31日的2022财年全年，产品营收为10.2亿到10.4亿美元，较2021财年增长84%到87%，较该公司之前的预计区间10亿到10.2亿美元上调1.4%-2%。按照以上指引，本季度Snowflake的产品营收最快将增长92%，较前两个季度有所放缓，而且从全年营收增速看，下个季度的增速也不会超过100%，可能进一步放缓。但财报公布后，Snowflake股价在美股盘后跳水，跌幅一度超过8%。在财报公布前，截至本周三收盘，Snowflake今年以来累跌约16%，明显不及大盘，标普500同期涨近12%。","news_type":1,"symbols_score_info":{"SNOW":0.9}},"isVote":1,"tweetType":1,"viewCount":691,"authorTweetTopStatus":1,"verified":2,"comments":[{"author":{"id":"3576579618783903","authorId":"3576579618783903","name":"爱上投资学","avatar":"https://static.tigerbbs.com/3e312fbf8df67faa6e46a19ef6992c34","crmLevel":11,"crmLevelSwitch":1,"authorIdStr":"3576579618783903","idStr":"3576579618783903"},"content":"$Ideal Car (LI) $, hope it will risk 20%!","text":"$Ideal Car (LI) $, hope it will risk 20%!","html":"$Ideal Car (LI) $, hope it will risk 20%!"}],"imageCount":0,"langContent":"EN","totalScore":0},{"id":108865051,"gmtCreate":1620011694673,"gmtModify":1704337347280,"author":{"id":"3577343858256661","authorId":"3577343858256661","name":"kenp","avatar":"https://static.tigerbbs.com/658bc030049b2996b0e2f267da086675","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3577343858256661","idStr":"3577343858256661"},"themes":[],"htmlText":"No&nbsp;","listText":"No&nbsp;","text":"No","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":7,"repostSize":0,"link":"https://ttm.financial/post/108865051","repostId":"2132596256","repostType":4,"repost":{"id":"2132596256","kind":"highlight","pubTimestamp":1620011559,"share":"https://ttm.financial/m/news/2132596256?lang=en_US&edition=fundamental","pubTime":"2021-05-03 11:12","market":"hk","language":"zh","title":"Wells Fargo: U.S. stocks may usher in a large-scale sell-off of technology stocks this month","url":"https://stock-news.laohu8.com/highlight/detail?id=2132596256","media":"华尔街见闻","summary":"富国银行认为，投资者还没有意识到通胀将给大型科技公司、成长股和整体市场带来的麻烦。最早从本月开始，对经济形势更敏感的周期股可能取代成长股，成为市场的主要驱动力。","content":"<p><a href=\"https://laohu8.com/S/WFC\">Wells Fargo</a>It is believed that the recent outperformance of large technology stocks is an \"illusion\" or a large-scale sell-off is about to be faced.</p><p>Chris Harvey, head of equity strategy at the bank, wrote in a recent note to investors that as early as this month, cyclical stocks that are more sensitive to the economic situation could replace growth stocks as the main driver of the market. At the same time, he advised investors to dump Big Tech stocks to take profits.</p><p>It said on a CNBC program on Friday:</p><p>It's not that we don't like technology. It's just that some technology companies are high-growth, high-risk, and high-multiple. As the Nasdaq index of U.S. stocks rose for the sixth consecutive month, Harvey attributed the recent strength of technology stocks to the downward US Treasury yields. In the past month, the benchmark 10-year U.S. Treasury Bond yield fell by nearly 6%, recording at the end of April 1.62%. But he expects yields to rebound, with the 10-year U.S. Treasury yield hitting 2% next month.</p><p>Harvey believes,<b>Investors haven't realised the trouble inflation will cause for Big Tech, growth stocks and the overall market.</b></p><p>A very positive economic cycle is kicking off, and we will usher in a strong recovery. Typically, you don't want to pay a premium for tech products when your bankroll is growing, and it's growing plenty. This is where we are right now. The United States will start thinking about things like raising taxes. When will tapering be initiated? Assuming that interest rates will be higher, how high will they go? Markets will become more volatile. Harvey said cyclical targets that can profit from inflation and economic recovery should be targeted. He is optimistic about the financial sector, the industrial sector, and the consumer service sector including hotels and restaurants.</p>","source":"wallstreetcn_api","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>Wells Fargo: U.S. stocks may usher in a large-scale sell-off of technology stocks this month</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 12.5px; color: #7E829C; margin: 0;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nWells Fargo: U.S. stocks may usher in a large-scale sell-off of technology stocks this month\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">华尔街见闻</strong><span class=\"h-time small\">2021-05-03 11:12</span>\n</p>\n</h4>\n</header>\n<article>\n<p><a href=\"https://laohu8.com/S/WFC\">Wells Fargo</a>It is believed that the recent outperformance of large technology stocks is an \"illusion\" or a large-scale sell-off is about to be faced.</p><p>Chris Harvey, head of equity strategy at the bank, wrote in a recent note to investors that as early as this month, cyclical stocks that are more sensitive to the economic situation could replace growth stocks as the main driver of the market. At the same time, he advised investors to dump Big Tech stocks to take profits.</p><p>It said on a CNBC program on Friday:</p><p>It's not that we don't like technology. It's just that some technology companies are high-growth, high-risk, and high-multiple. As the Nasdaq index of U.S. stocks rose for the sixth consecutive month, Harvey attributed the recent strength of technology stocks to the downward US Treasury yields. In the past month, the benchmark 10-year U.S. Treasury Bond yield fell by nearly 6%, recording at the end of April 1.62%. But he expects yields to rebound, with the 10-year U.S. Treasury yield hitting 2% next month.</p><p>Harvey believes,<b>Investors haven't realised the trouble inflation will cause for Big Tech, growth stocks and the overall market.</b></p><p>A very positive economic cycle is kicking off, and we will usher in a strong recovery. Typically, you don't want to pay a premium for tech products when your bankroll is growing, and it's growing plenty. This is where we are right now. The United States will start thinking about things like raising taxes. When will tapering be initiated? Assuming that interest rates will be higher, how high will they go? Markets will become more volatile. Harvey said cyclical targets that can profit from inflation and economic recovery should be targeted. He is optimistic about the financial sector, the industrial sector, and the consumer service sector including hotels and restaurants.</p>\n<div class=\"bt-text\">\n\n\n<p> source：<a href=\"https://wallstreetcn.com/articles/3629553\">华尔街见闻</a></p>\n\n\n</div>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://static.tigerbbs.com/c7da52addfd52fb216bcf87283f43750","relate_stocks":{"WFC":"富国银行","03086":"华夏纳指","QNETCN":"纳斯达克中美互联网老虎指数","TTTN":"老虎中美互联网巨头ETF"},"source_url":"https://wallstreetcn.com/articles/3629553","is_english":false,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2132596256","content_text":"富国银行认为，近期大型科技股的优异表现是一种“假象”，或即将面临大规模抛售。\n该行股票策略主管Chris Harvey在最近给投资者的一份报告中写道，最早从本月开始，对经济形势更敏感的周期股可能取代成长股，成为市场的主要驱动力。与此同时，他建议投资者抛售大型科技公司股票，以进行获利了结。\n周五其在CNBC一档节目中表示：\n\n 并不是我们不喜欢科技。只是部分科技公司是高增长、高风险、高倍数的。\n\n随着美股纳斯达克指数连续第6个月上涨，Harvey将科技股近期强势归因于美债利率下行，过去一个月，基准10年期美国国债收益率下跌了近6%，4月末录得1.62%。但他预计，收益率将出现反弹，10年期美债收益率下个月将达到2%。\nHarvey认为，投资者还没有意识到通胀将给大型科技公司、成长股和整体市场带来的麻烦。\n\n 一个非常积极的经济周期正在启动，我们将迎来有力的复苏。通常情况下，当你的资金正在增长，并且增长充足时，你不会想为科技产品支付溢价。这就是我们现在的处境。美国将开始考虑提高税收之类的事情。什么时候会启动缩减？假设利率会更高，又会涨到多高呢？市场将变得更不稳定。\n\nHarvey表示，应瞄准那些能从通胀和经济复苏中获利的周期类标的。他看好金融领域、工业领域，以及包括酒店、餐厅在内的消费者服务领域。","news_type":1,"symbols_score_info":{"WFC":0.9,"03086":0.9,"TTTN":0.9,"QNETCN":0.9}},"isVote":1,"tweetType":1,"viewCount":790,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":322231978,"gmtCreate":1615808318694,"gmtModify":1704786813584,"author":{"id":"3577343858256661","authorId":"3577343858256661","name":"kenp","avatar":"https://static.tigerbbs.com/658bc030049b2996b0e2f267da086675","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3577343858256661","idStr":"3577343858256661"},"themes":[],"htmlText":"Very good&nbsp;","listText":"Very good&nbsp;","text":"Very good","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":7,"repostSize":0,"link":"https://ttm.financial/post/322231978","repostId":"1182939376","repostType":4,"isVote":1,"tweetType":1,"viewCount":742,"authorTweetTopStatus":1,"verified":2,"comments":[{"author":{"id":"3576579618783903","authorId":"3576579618783903","name":"爱上投资学","avatar":"https://static.tigerbbs.com/3e312fbf8df67faa6e46a19ef6992c34","crmLevel":11,"crmLevelSwitch":1,"authorIdStr":"3576579618783903","idStr":"3576579618783903"},"content":"Don't do the task?","text":"Don't do the task?","html":"Don't do the task?"}],"imageCount":0,"langContent":"EN","totalScore":0},{"id":107852099,"gmtCreate":1620469942411,"gmtModify":1704344158382,"author":{"id":"3577343858256661","authorId":"3577343858256661","name":"kenp","avatar":"https://static.tigerbbs.com/658bc030049b2996b0e2f267da086675","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3577343858256661","idStr":"3577343858256661"},"themes":[],"htmlText":"yes","listText":"yes","text":"yes","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":7,"repostSize":0,"link":"https://ttm.financial/post/107852099","repostId":"1129750415","repostType":4,"repost":{"id":"1129750415","kind":"news","pubTimestamp":1620468958,"share":"https://ttm.financial/m/news/1129750415?lang=en_US&edition=fundamental","pubTime":"2021-05-08 18:15","market":"us","language":"zh","title":"Is Boeing Stock a Buy in 2021?","url":"https://stock-news.laohu8.com/highlight/detail?id=1129750415","media":"猛兽财经","summary":"波音的股价自从在2019年3月达到历史最高点后，就受到了737 MAX停飞和疫情的双重打击，两年过去了至今还没恢复过来。展望未来，波音的复苏之路也不是很顺利，而且737 MAX仍在中国停飞，并面临着电","content":"<p><a href=\"https://laohu8.com/S/BA\">boeing</a>Since its stock price reached an all-time high in March 2019, it has been hit by the grounding of the 737 MAX and the epidemic. Two years have passed and it has not yet recovered. Looking ahead, Boeing's road to recovery hasn't been very smooth either, and the 737 MAX is still grounded in China and facing problems with its electrical system. In addition, the recovery in international travel has also been slower than expected.</p><p>The market generally expects that Boeing will achieve positive profitability and cash flow in fiscal year 2022, and this year's revenue will exceed the level of 2019, but in the view of Beast Finance, the market is still too optimistic. While the market's long-term expectations for passenger traffic growth and aircraft demand remain unchanged, we still believe that buying Boeing stock in 2021 is not a good investment. Because in addition to the uncertain timing of the launch of the new 737 MAX model and the speed of the recovery in international travel, the market also values Boeing higher than rival Airbus. Given these factors, we don't think Boeing is a good buy in 2021.</p><p><b>Company Introduction</b></p><p>On Boeing's website, you can see that Boeing claims that Boeing is the world's largest aerospace company, the world's leading manufacturer of civil aircraft and defense, space and security systems, and a provider of after-sales support services. As the largest manufacturing exporter in the United States, Boeing supports airline and government customers in more than 150 countries and regions around the world. Boeing's products and customized services include: civil and military aircraft, satellites, weapons, electronic and defense systems, launch systems, advanced information and communication systems, and performance-based logistics and training.</p><p>Boeing has three business units: Commercial Aircraft Group, Defense, Space and Security Group, and Boeing Global Services Group. As a global provider of financial solutions, Boeing Financial is responsible for supporting these business groups.</p><p>In addition, there are functional organizations that work at the entire company level, focusing on engineering and project management, technical and research and development project execution, advanced design and manufacturing systems, safety, finance, quality and productivity improvement, and information technology.</p><p>But we all know that the global commercial aircraft market has long been duopolised by Boeing and Airbus.</p><p>Prior to the grounding of the 737 MAX in 2019 and the outbreak of the pandemic in 2020, Boeing generated 57% and 65% of its fiscal 2018 revenue and operating profit, respectively, from its core commercial aircraft business. In fiscal year 2018, the revenue contributed by defense, space and security, global services and financial businesses accounted for 26%, 17% and 1% of Boeing's overall revenue respectively.</p><p>In fiscal year 2020, revenue from commercial aircraft, defense, space and security, global services and financial businesses accounted for 28%, 45%, 26% and 1% of Boeing's overall revenue respectively. Boeing's core commercial aircraft business unit has been losing money in fiscal 2019, fiscal 2020 and the first quarter of fiscal 2021.</p><p>In this article, Beast Finance mainly focuses on Boeing's commercial aircraft business, because this business once contributed the largest revenue to Boeing and this business is the key for Boeing to narrow losses and eventually return to profitability in the future.</p><p><b>Boeing's stock price</b></p><p>Boeing's stock price reached an all-time high of $430.30 on March 1, 2019, mainly because the company reported a month ago on January 30, 2019, its fiscal 2018 revenue and profit record highs.</p><p>However, the good days didn't last long. Boeing's 737 MAX passenger plane was grounded after the Ethiopian Airlines 737 MAX passenger plane crashed in March 2019. As of December 31, 2019, Boeing's stock price has fallen 25% from its all-time high to $323.83.</p><p>On December 16, 2019, Boeing announced that it would \"suspend production of the 737 program.\" A week later, on December 23, 2019, Boeing revealed that its chairman David l. Calhoun would replace Dennis A. Muilenburg as the company's new CEO.</p><p>To make matters worse, on March 20, 2020, with the outbreak of the epidemic, Boeing's stock price fell to $95.01, setting a five-year low. The epidemic is another major blow to Boeing's core commercial aircraft business, as countries have imposed travel restrictions to fight the epidemic and global air travel has stopped.</p><p>Boeing's stock price eventually fell from $323.83 on December 31, 2019 to $214.06 on December 31, 2020, a drop of 34%. But its shares have since jumped another 125% from their March lows. Specifically, Boeing's stock price rebounded strongly in November and December 2020 on positive news about the lifting of the grounding of the 737 MAX and vaccinations. On Nov. 18, 2020, the Federal Aviation Administration (FAA) lifted its grounding order on the 737 MAX. Separately, the World Health Organization noted in December 2020 that the \"first mass vaccination program\" had begun.</p><p>In 2021, Boeing's stock price will continue to rebound. Since the beginning of this year, Boeing's stock price has risen 7%, from $214.06 on December 31, 2020 to $228.18 on May 5, 2021. While it is safe to say that Boeing's worst is over, the road to recovery will certainly not be smooth sailing.</p><p><b>Can Boeing's share price continue to recover</b></p><p>Beast Finance believes that the key to whether Boeing's stock price can continue to recover lies in whether its core commercial aircraft business unit can reduce losses in time and regain profitability. And the future prospects for Boeing's commercial aircraft business are in turn impacted by 737 MAX deliveries and the resumption of global travel.</p><p>So far, revenue from Boeing's commercial aircraft business has fallen 31% year-on-year, from US $6.2 billion in the first quarter of 2020 to US $4.3 billion in the first quarter of 2021. This is already an improvement from the 50% decline in revenue for the full year of fiscal 2020. In addition, part of the operating loss of the commercial aircraft business also decreased from US $2.1 billion in the first quarter of 2020 to US $900 million in the most recent quarter. The improvement was primarily due to the resumption of deliveries of the 737 MAX after the Federal Aviation Administration lifted its grounding order on the 737 MAX in November 2020. As of April 26, 2021, Boeing has delivered more than 85 737MAX aircraft. It is worth noting that Boeing also received new orders for 737 aircraft from some other airlines in the United States.</p><p>On the other hand, the 737 MAX is still waiting to land in China, a major aviation market. During its first quarter 2021 earnings call on April 28, 2021, Boeing acknowledged that \"we are still awaiting regulatory approval from China for the 737 MAX\" and that \"its timing will impact our 737 delivery plans\" and \"future productivity rates\". To further complicate the matter, whether China can lift the grounding order of the 737 MAX is not just a safety issue, because U.S.-China relations may also be an important factor in determining when the 737 MAX will be approved to resume service in China.</p><p>More importantly, there are still many problems with the 737 MAX aircraft itself. Reuters reported on April 29, 2021 that the Federal Aviation Administration has asked Boeing to \"fix connectivity problems in the electrical systems of some of its 737 MAX aircraft that may cause engine protection measures to fail and critical functions of the cockpit to fail.\" Reuters then published another article on May 5, 2021, emphasizing the requirement that Boeing provide the FAA with \"up-to-date documentation to prove that the 737 MAX subsystem is not affected by electrical connectivity problems.\" Boeing earlier disclosed at the end of April 2021 that about \"100 aircraft in service were affected by electrical system problems\", which would result in \"very few deliveries in April.\"</p><p>In other words, getting the 737 MAX back to normal delivery levels could take longer than expected.</p><p>Separately, the resumption of global travel is another key factor that has a significant impact on Boeing's core commercial aircraft business. The latest news released by the International Air Transport Association on May 4th shows that the prospect of global air travel is bleak in the near future. According to the International Air Transport Association, the number of kilometers flown by passengers worldwide is still about one-third of what it was before the pandemic (that is, March 2019). Compared with domestic travel, international travel is expected to take longer to resume.</p><p><b>Global Travel Data and Trends</b></p><p><img src=\"https://static.tigerbbs.com/86b27b9e7d4e601fe5b8504d6617226e\" tg-width=\"672\" tg-height=\"348\" referrerpolicy=\"no-referrer\"></p><p><img src=\"https://static.tigerbbs.com/b99a53447a89ee63ca432ae05ca7a611\" tg-width=\"669\" tg-height=\"319\" referrerpolicy=\"no-referrer\"></p><p><img src=\"https://static.tigerbbs.com/a48841f1f97ed09d443ecb67dbe2ffd1\" tg-width=\"655\" tg-height=\"307\" referrerpolicy=\"no-referrer\"></p><p>Source: International Air Transport Association</p><p>Apart from that, there are other, more complicating factors. In April 2021, the WHO noted that it did not support the resumption of global travel given \"uncertainty about whether vaccination will prevent the spread of the pandemic and equity concerns,\" Reuters reported. A few days ago, the IATA also warned that travel resumption \"could be dangerously impacted by [high] costs.\" More importantly, as the graph below shows, the 2019 pandemic has been uneven in containment around the world. While the number of weekly confirmed cases in the United States has dropped significantly, confirmed cases continue to increase in places such as India and Latin America.</p><p>Confirmed cases of novel coronavirus pneumonia around the world</p><p><img src=\"https://static.tigerbbs.com/38a1ab352a9a07223c40c479d1fd3c58\" tg-width=\"627\" tg-height=\"318\" referrerpolicy=\"no-referrer\"></p><p>Source: International Air Transport Association</p><p>In short, although Boeing's commercial aircraft business will definitely recover eventually, the timing of the recovery is still very uncertain, mainly due to the complications we mentioned above.<b>Financial projections for Boeing</b>Boeing reiterated at its first-quarter 2021 results presentation that \"in line with the International Air Transport Association and other industry groups, we expect passenger traffic to return to 2019 levels from 2023 to 2024. Boeing also added on the earnings call,\" The recovery in the commercial aircraft business will allow us to achieve positive cash flow in 2022. \"</p><p>A sell-side analyst will typically be consistent with the company's management in their future financial projections. According to data from S&P Capital IQ, the market generally believes that Boeing'S revenue will increase by 37% and 12% in fiscal 2021 and 2022, respectively, to $79.8 billion and $89.5 billion. Wall Street expects Boeing's revenue to be flat in fiscal 2023 and increase 8% year-over-year to $96 billion in fiscal 2024. For reference, Boeing had revenue of $76.6 billion in fiscal 2019 and sales of $101.1 billion in fiscal 2020.</p><p>Boeing is also on track to be profitable in fiscal 2022, with operating cash flow and free cash flow of $9.4 billion and $7.5 billion, respectively, according to the consensus estimate of sell-side analysts. Over the last two years of fiscal 2019 and fiscal 2020, Boeing's operating cash flow and free cash flow were negative, and it is expected to remain unchanged in fiscal 2021. Notably, Boeing's operating cash flow in the first quarter of 2021 was-$3.4 billion, an improvement from-$4.3 billion in the first quarter of 2020. Nonetheless, Boeing emphasized on its first-quarter 2021 earnings call that \"our cash flow position is largely dependent on the availability of remaining 737 MAX regulatory approvals, the recovery of the commercial aircraft business and ongoing discussions with customers on fleet planning needs.</p><p>In the view of Beast Finance, the current market is still a bit too optimistic about Boeing's financial forecast. At present, the epidemic is on the rise again in some parts of the world, and the recovery speed of international travel is slower than expected. And what is still uncertain is whether Boeing's latest electrical system problems will cause further delays in 737 MAX deliveries. We think there is a good chance that sell-side analysts will consider lowering their financial forecasts for Boeing in the coming quarters.</p><p><b>Should You Buy Boeing Stock in 2021?</b>In the long run, we really like Boeing, a very good enterprise. More importantly, the duopoly pattern of companies like Airbus and Boeing in commercial aircraft is unlikely to be challenged by any company in the foreseeable future, because there are huge barriers to entry in this field in terms of scale and capital.</p><p>On the other hand, Boeing stock may not be as attractive in the near term. The reason is what we mentioned earlier. The current market is still too optimistic about Boeing's financial forecast, and the market's valuation of Boeing is higher than that of its competitor Airbus, and more 737 MAX aircraft are still suffering from current electrical system problems. The impact, as well as factors such as the epidemic taking longer than expected to be effectively controlled, prompted us to reach this conclusion.</p>","source":"lsy1586862168255","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>Is Boeing Stock a Buy in 2021?</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 12.5px; color: #7E829C; margin: 0;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nIs Boeing Stock a Buy in 2021?\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">猛兽财经</strong><span class=\"h-time small\">2021-05-08 18:15</span>\n</p>\n</h4>\n</header>\n<article>\n<p><a href=\"https://laohu8.com/S/BA\">boeing</a>Since its stock price reached an all-time high in March 2019, it has been hit by the grounding of the 737 MAX and the epidemic. Two years have passed and it has not yet recovered. Looking ahead, Boeing's road to recovery hasn't been very smooth either, and the 737 MAX is still grounded in China and facing problems with its electrical system. In addition, the recovery in international travel has also been slower than expected.</p><p>The market generally expects that Boeing will achieve positive profitability and cash flow in fiscal year 2022, and this year's revenue will exceed the level of 2019, but in the view of Beast Finance, the market is still too optimistic. While the market's long-term expectations for passenger traffic growth and aircraft demand remain unchanged, we still believe that buying Boeing stock in 2021 is not a good investment. Because in addition to the uncertain timing of the launch of the new 737 MAX model and the speed of the recovery in international travel, the market also values Boeing higher than rival Airbus. Given these factors, we don't think Boeing is a good buy in 2021.</p><p><b>Company Introduction</b></p><p>On Boeing's website, you can see that Boeing claims that Boeing is the world's largest aerospace company, the world's leading manufacturer of civil aircraft and defense, space and security systems, and a provider of after-sales support services. As the largest manufacturing exporter in the United States, Boeing supports airline and government customers in more than 150 countries and regions around the world. Boeing's products and customized services include: civil and military aircraft, satellites, weapons, electronic and defense systems, launch systems, advanced information and communication systems, and performance-based logistics and training.</p><p>Boeing has three business units: Commercial Aircraft Group, Defense, Space and Security Group, and Boeing Global Services Group. As a global provider of financial solutions, Boeing Financial is responsible for supporting these business groups.</p><p>In addition, there are functional organizations that work at the entire company level, focusing on engineering and project management, technical and research and development project execution, advanced design and manufacturing systems, safety, finance, quality and productivity improvement, and information technology.</p><p>But we all know that the global commercial aircraft market has long been duopolised by Boeing and Airbus.</p><p>Prior to the grounding of the 737 MAX in 2019 and the outbreak of the pandemic in 2020, Boeing generated 57% and 65% of its fiscal 2018 revenue and operating profit, respectively, from its core commercial aircraft business. In fiscal year 2018, the revenue contributed by defense, space and security, global services and financial businesses accounted for 26%, 17% and 1% of Boeing's overall revenue respectively.</p><p>In fiscal year 2020, revenue from commercial aircraft, defense, space and security, global services and financial businesses accounted for 28%, 45%, 26% and 1% of Boeing's overall revenue respectively. Boeing's core commercial aircraft business unit has been losing money in fiscal 2019, fiscal 2020 and the first quarter of fiscal 2021.</p><p>In this article, Beast Finance mainly focuses on Boeing's commercial aircraft business, because this business once contributed the largest revenue to Boeing and this business is the key for Boeing to narrow losses and eventually return to profitability in the future.</p><p><b>Boeing's stock price</b></p><p>Boeing's stock price reached an all-time high of $430.30 on March 1, 2019, mainly because the company reported a month ago on January 30, 2019, its fiscal 2018 revenue and profit record highs.</p><p>However, the good days didn't last long. Boeing's 737 MAX passenger plane was grounded after the Ethiopian Airlines 737 MAX passenger plane crashed in March 2019. As of December 31, 2019, Boeing's stock price has fallen 25% from its all-time high to $323.83.</p><p>On December 16, 2019, Boeing announced that it would \"suspend production of the 737 program.\" A week later, on December 23, 2019, Boeing revealed that its chairman David l. Calhoun would replace Dennis A. Muilenburg as the company's new CEO.</p><p>To make matters worse, on March 20, 2020, with the outbreak of the epidemic, Boeing's stock price fell to $95.01, setting a five-year low. The epidemic is another major blow to Boeing's core commercial aircraft business, as countries have imposed travel restrictions to fight the epidemic and global air travel has stopped.</p><p>Boeing's stock price eventually fell from $323.83 on December 31, 2019 to $214.06 on December 31, 2020, a drop of 34%. But its shares have since jumped another 125% from their March lows. Specifically, Boeing's stock price rebounded strongly in November and December 2020 on positive news about the lifting of the grounding of the 737 MAX and vaccinations. On Nov. 18, 2020, the Federal Aviation Administration (FAA) lifted its grounding order on the 737 MAX. Separately, the World Health Organization noted in December 2020 that the \"first mass vaccination program\" had begun.</p><p>In 2021, Boeing's stock price will continue to rebound. Since the beginning of this year, Boeing's stock price has risen 7%, from $214.06 on December 31, 2020 to $228.18 on May 5, 2021. While it is safe to say that Boeing's worst is over, the road to recovery will certainly not be smooth sailing.</p><p><b>Can Boeing's share price continue to recover</b></p><p>Beast Finance believes that the key to whether Boeing's stock price can continue to recover lies in whether its core commercial aircraft business unit can reduce losses in time and regain profitability. And the future prospects for Boeing's commercial aircraft business are in turn impacted by 737 MAX deliveries and the resumption of global travel.</p><p>So far, revenue from Boeing's commercial aircraft business has fallen 31% year-on-year, from US $6.2 billion in the first quarter of 2020 to US $4.3 billion in the first quarter of 2021. This is already an improvement from the 50% decline in revenue for the full year of fiscal 2020. In addition, part of the operating loss of the commercial aircraft business also decreased from US $2.1 billion in the first quarter of 2020 to US $900 million in the most recent quarter. The improvement was primarily due to the resumption of deliveries of the 737 MAX after the Federal Aviation Administration lifted its grounding order on the 737 MAX in November 2020. As of April 26, 2021, Boeing has delivered more than 85 737MAX aircraft. It is worth noting that Boeing also received new orders for 737 aircraft from some other airlines in the United States.</p><p>On the other hand, the 737 MAX is still waiting to land in China, a major aviation market. During its first quarter 2021 earnings call on April 28, 2021, Boeing acknowledged that \"we are still awaiting regulatory approval from China for the 737 MAX\" and that \"its timing will impact our 737 delivery plans\" and \"future productivity rates\". To further complicate the matter, whether China can lift the grounding order of the 737 MAX is not just a safety issue, because U.S.-China relations may also be an important factor in determining when the 737 MAX will be approved to resume service in China.</p><p>More importantly, there are still many problems with the 737 MAX aircraft itself. Reuters reported on April 29, 2021 that the Federal Aviation Administration has asked Boeing to \"fix connectivity problems in the electrical systems of some of its 737 MAX aircraft that may cause engine protection measures to fail and critical functions of the cockpit to fail.\" Reuters then published another article on May 5, 2021, emphasizing the requirement that Boeing provide the FAA with \"up-to-date documentation to prove that the 737 MAX subsystem is not affected by electrical connectivity problems.\" Boeing earlier disclosed at the end of April 2021 that about \"100 aircraft in service were affected by electrical system problems\", which would result in \"very few deliveries in April.\"</p><p>In other words, getting the 737 MAX back to normal delivery levels could take longer than expected.</p><p>Separately, the resumption of global travel is another key factor that has a significant impact on Boeing's core commercial aircraft business. The latest news released by the International Air Transport Association on May 4th shows that the prospect of global air travel is bleak in the near future. According to the International Air Transport Association, the number of kilometers flown by passengers worldwide is still about one-third of what it was before the pandemic (that is, March 2019). Compared with domestic travel, international travel is expected to take longer to resume.</p><p><b>Global Travel Data and Trends</b></p><p><img src=\"https://static.tigerbbs.com/86b27b9e7d4e601fe5b8504d6617226e\" tg-width=\"672\" tg-height=\"348\" referrerpolicy=\"no-referrer\"></p><p><img src=\"https://static.tigerbbs.com/b99a53447a89ee63ca432ae05ca7a611\" tg-width=\"669\" tg-height=\"319\" referrerpolicy=\"no-referrer\"></p><p><img src=\"https://static.tigerbbs.com/a48841f1f97ed09d443ecb67dbe2ffd1\" tg-width=\"655\" tg-height=\"307\" referrerpolicy=\"no-referrer\"></p><p>Source: International Air Transport Association</p><p>Apart from that, there are other, more complicating factors. In April 2021, the WHO noted that it did not support the resumption of global travel given \"uncertainty about whether vaccination will prevent the spread of the pandemic and equity concerns,\" Reuters reported. A few days ago, the IATA also warned that travel resumption \"could be dangerously impacted by [high] costs.\" More importantly, as the graph below shows, the 2019 pandemic has been uneven in containment around the world. While the number of weekly confirmed cases in the United States has dropped significantly, confirmed cases continue to increase in places such as India and Latin America.</p><p>Confirmed cases of novel coronavirus pneumonia around the world</p><p><img src=\"https://static.tigerbbs.com/38a1ab352a9a07223c40c479d1fd3c58\" tg-width=\"627\" tg-height=\"318\" referrerpolicy=\"no-referrer\"></p><p>Source: International Air Transport Association</p><p>In short, although Boeing's commercial aircraft business will definitely recover eventually, the timing of the recovery is still very uncertain, mainly due to the complications we mentioned above.<b>Financial projections for Boeing</b>Boeing reiterated at its first-quarter 2021 results presentation that \"in line with the International Air Transport Association and other industry groups, we expect passenger traffic to return to 2019 levels from 2023 to 2024. Boeing also added on the earnings call,\" The recovery in the commercial aircraft business will allow us to achieve positive cash flow in 2022. \"</p><p>A sell-side analyst will typically be consistent with the company's management in their future financial projections. According to data from S&P Capital IQ, the market generally believes that Boeing'S revenue will increase by 37% and 12% in fiscal 2021 and 2022, respectively, to $79.8 billion and $89.5 billion. Wall Street expects Boeing's revenue to be flat in fiscal 2023 and increase 8% year-over-year to $96 billion in fiscal 2024. For reference, Boeing had revenue of $76.6 billion in fiscal 2019 and sales of $101.1 billion in fiscal 2020.</p><p>Boeing is also on track to be profitable in fiscal 2022, with operating cash flow and free cash flow of $9.4 billion and $7.5 billion, respectively, according to the consensus estimate of sell-side analysts. Over the last two years of fiscal 2019 and fiscal 2020, Boeing's operating cash flow and free cash flow were negative, and it is expected to remain unchanged in fiscal 2021. Notably, Boeing's operating cash flow in the first quarter of 2021 was-$3.4 billion, an improvement from-$4.3 billion in the first quarter of 2020. Nonetheless, Boeing emphasized on its first-quarter 2021 earnings call that \"our cash flow position is largely dependent on the availability of remaining 737 MAX regulatory approvals, the recovery of the commercial aircraft business and ongoing discussions with customers on fleet planning needs.</p><p>In the view of Beast Finance, the current market is still a bit too optimistic about Boeing's financial forecast. At present, the epidemic is on the rise again in some parts of the world, and the recovery speed of international travel is slower than expected. And what is still uncertain is whether Boeing's latest electrical system problems will cause further delays in 737 MAX deliveries. We think there is a good chance that sell-side analysts will consider lowering their financial forecasts for Boeing in the coming quarters.</p><p><b>Should You Buy Boeing Stock in 2021?</b>In the long run, we really like Boeing, a very good enterprise. More importantly, the duopoly pattern of companies like Airbus and Boeing in commercial aircraft is unlikely to be challenged by any company in the foreseeable future, because there are huge barriers to entry in this field in terms of scale and capital.</p><p>On the other hand, Boeing stock may not be as attractive in the near term. The reason is what we mentioned earlier. The current market is still too optimistic about Boeing's financial forecast, and the market's valuation of Boeing is higher than that of its competitor Airbus, and more 737 MAX aircraft are still suffering from current electrical system problems. The impact, as well as factors such as the epidemic taking longer than expected to be effectively controlled, prompted us to reach this conclusion.</p>\n<div class=\"bt-text\">\n\n\n<p> source：<a href=\"https://mp.weixin.qq.com/s/H-dZ6S6YFsOHwpuTgXAlgw\">猛兽财经</a></p>\n\n\n</div>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://static.tigerbbs.com/db65f3d4f6f7c47bb1a0c9e744a2fd64","relate_stocks":{"BA":"波音"},"source_url":"https://mp.weixin.qq.com/s/H-dZ6S6YFsOHwpuTgXAlgw","is_english":false,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1129750415","content_text":"波音的股价自从在2019年3月达到历史最高点后，就受到了737 MAX停飞和疫情的双重打击，两年过去了至今还没恢复过来。展望未来，波音的复苏之路也不是很顺利，而且737 MAX仍在中国停飞，并面临着电气系统的问题。此外，国际旅行的复苏速度也比预期的要慢。市场普遍预期，波音将在2022财年实现盈利和现金流转正，今年的收入将超过2019年的水平，但在猛兽财经看来，市场还是太乐观了。虽然市场对客流量的增长和飞机需求的长期预期保持不变，但我们还是认为在2021年买入波音的股票不是一项好的投资。因为除了737 MAX新机型的推出时间和国际旅行的复苏速度不确定之外，市场对波音的估值也比竞争对手空客高。考虑到这些因素，我们认为波音在2021年不是一个好的买入对象。公司介绍在波音网站上可以看到波音宣称波音公司是全球最大的航空航天业公司，也是世界领先的民用飞机和防务、空间与安全系统制造商，以及售后支持服务提供商。作为美国最大的制造出口商，波音公司为分布在全球150多个国家和地区的航空公司和政府客户提供支持。波音的产品以及定制的服务包括：民用和军用飞机、卫星、武器、电子和防御系统、发射系统、先进信息和通讯系统，以及基于性能的物流和培训等。波音公司下设三个业务部门：商用飞机集团，防务、空间与安全集团，以及波音全球服务集团。作为金融解决方案的全球提供者，波音金融公司负责支持这些业务集团。此外，还有一些在整个公司层面工作的职能组织，关注工程和项目管理、技术和研发项目执行、先进设计和制造系统、安全、财务、质量和生产力改进，以及信息技术。但我们都知道，全球商用飞机市场早已被波音和空客这两家公司双头垄断了。在2019年737 MAX停飞和2020年疫情爆发之前，波音2018财年的收入和运营利润分别有57%和65%来自其核心商用飞机业务。2018财年，防务、空间与安全、全球服务和金融业务贡献的收入分别占到了波音整体收入的26%、17%和1%。在2020财年，来自商用飞机、国防、空间与安全、全球服务和金融业务贡献的收入分别占到了波音整体收入的28%、45%、26%和1%。而波音公司的核心商用飞机业务部门在2019财年、2020财年和2021财年第一季度一直处于亏损状态。在本文中，猛兽财经主要关注的是波音的商用飞机业务，因为这项业务曾为波音贡献了最大的收入以及该业务是波音缩小亏损并最终在未来恢复盈利的关键。波音的股价波音的股价在2019年3月1日达到了430.30美元的历史最高点，主要是因为该公司在一个月前的2019年1月30日公布的其2018财年收入和利润都创造了历史新高。然而好日子并没有持续多久。2019年3月，埃塞俄比亚航空公司的737 MAX客机坠毁后，波音的737 MAX客机就被停飞了。截至2019年12月31日，波音的股价已经从其历史最高点下跌了25%，至323.83美元。2019年12月16日，波音公司宣布将“暂停737项目的生产”。一周后，也就是2019年12月23日，波音公司透露，其董事长大卫·l·卡尔霍恩将取代丹尼斯·A·米伦伯格成为公司的新CEO。更糟糕的是，2020年3月20日，随着疫情的爆发，波音股价跌到了95.01美元，创下了五年来的新低。这次疫情对波音核心商用飞机业务来说又是一次重大打击，因为各国为抗击疫情已经实施了旅行限制，全球航空旅行已经停止了。波音的股价最终从2019年12月31日的323.83美元下跌到了2020年12月31日的214.06美元，下跌了34%。但其股价后来从3月份的低点又大幅上涨了125%。具体来说，波音的股价在2020年11月和12月出现了强劲反弹，原因是有关取消737 MAX停飞和疫苗接种的利好消息。2020年11月18日，美国联邦航空管理局(FAA)取消了对737 MAX的停飞令。另外，世界卫生组织在2020年12月指出，“第一次大规模疫苗接种计划”已经开始。2021年，波音的股价继续在回升。今年以来，波音股价上涨了7%，从2020年12月31日的214.06美元上涨到了2021年5月5日的228.18美元。虽然可以有把握的说，波音最糟糕的时期已经过去，但复苏之路肯定不会一帆风顺。波音股价能否持续回升猛兽财经认为波音股价能否持续回升的关键在于其核心商用飞机业务部门能否及时减少亏损，并重新实现盈利。而波音商业飞机业务的未来前景反过来又受到737 MAX交付量和全球旅行恢复的影响。到目前为止波音商用飞机业务的营收已经同比下降了31%，从2020年第一季度的62亿美元下降到了2021年第一季度的43亿美元。这已经比在2020财年全年收入下降50%的情况下有所改善。另外商用飞机业务的部分运营亏损也从2020年第一季度的21亿美元减少到最近一季度的9亿美元。这一改善主要是由于美国联邦航空管理局在2020年11月取消了对737 MAX的停飞令后，737 MAX的交付恢复。截至2021年4月26日，波音已交付了超过85架的737MAX飞机。值得注意的是，波音也从美国的一些其他航空公司接到了737飞机的新订单。另一方面，737 MAX仍在等待在中国这个主要的航空市场落地。在2021年4月28日的2021年第一季度财报电话会议上，波音承认“我们仍在等待中国对737 MAX的监管批准”，“它的时间将影响我们的737交付计划”和“未来的生产率”。令问题进一步复杂化的是，中国能不能取消对737 MAX的停飞令不仅仅是一个安全问题，因为美中关系也可能是决定737 MAX何时获准在中国恢复服务的一个重要因素。更重要的是，737 MAX飞机本身还存在着很多问题。路透社在2021年4月29日报道，美国联邦航空管理局已要求波音公司“修复其部分737 MAX飞机电气系统的连接问题，这些问题可能会导致发动机擎保护措施失效和驾驶舱的关键功能失效。”路透社随后又在2021年5月5日发表了另一篇文章，强调要求波音向美国联邦航空管理局提供“最新的文件，用来证明737 MAX子系统不会受到电气连接问题的影响。”波音公司早前在2021年4月底就透露，约有“100架在用飞机受到了电气系统问题的影响”，这将导致“4月份的交付量很少”。换句话说，将737 MAX恢复到正常的交付水平可能要花费比预期更长的时间。另外，全球旅行的恢复是对波音核心商用飞机业务产生重大影响的另一个关键因素。国际航空运输协会5月4日的发布的最新消息显示，近期全球航空旅行前景黯淡。根据国际航空运输协会的数据，全球旅客飞行公里数仍约为疫情前的(即2019年3月)的三分之一。与国内旅游相比，国际旅行预计还需要更长的时间才能恢复。全球旅行数据和趋势资料来源:国际航空运输协会除此之外，还有其他更复杂的因素。据路透社报道，2021年4月，世卫组织指出，鉴于“接种疫苗是否能防止疫情传播的不确定性以及公平担忧”，它不支持恢复全球旅行。几天前，国际航空运输协会还警告说，旅行恢复“可能会因(高昂的)成本而受到危险的影响。”更重要的是，如下图所示，2019疫情在世界各地的遏制情况并不均衡。虽然美国每周确诊的病例显著下降，但在印度和拉丁美洲等地，确诊病例还在继续增加。世界各地的新冠肺炎确诊病例资料来源:国际航空运输协会简而言之，虽然波音的商用飞机业务最终肯定会复苏，但复苏的时间还非常不确定，主要原因还是我们上面说的那些复杂因素。对波音的财务预测波音在2021年第一季度业绩发布会上重申，“与国际航空运输协会和其他行业团体一致，我们预计2023年至2024年客运量将恢复到2019年的水平。波音还在财报电话会议上补充道，“商用飞机业务的复苏将使我们能够在2022年实现正现金流。”卖方分析师通常会与公司管理层在未来的财务预测上保持一致。根据S&P Capital IQ的数据，市场普遍认为，波音在2021财年和2022财年的营收将分别增长37%和12%，达到798亿美元和895亿美元。华尔街预计，波音的营收将在2023财年持平，2024财年将同比增长8%，达到960亿美元。作为参考，波音在2019财年的收入为766亿美元，在2020财年的销售额为1011亿美元。根据卖方分析师的普遍预期，波音还有望在2022财年实现盈利，运营现金流和自由现金流分别达到94亿美元和75亿美元。在2019财年和2020财年的过去两年里，波音的运营现金流和自由现金流均为负值，预计2021财年将保持不变。值得注意的是，波音2021年第一季度的运营现金流为- 34亿美元，较2020年第一季度的- 43亿美元有所改善。尽管如此，波音公司还是在2021第一季度财报电话会议上强调，“我们的现金流状况在很大程度上取决于能否获得剩余的737 MAX监管批准、商用飞机业务的复苏以及与客户就机群规划需求进行的持续讨论。在猛兽财经看来，目前市场对波音公司的财务预测还是有点过于乐观了。当前，疫情在全球部分地区再次抬头，国际旅行复苏速度低于预期。而且目前还不能确定的是，波音最新的电气系统问题是否还会导致737 MAX的交付进一步延迟。我们认为卖方分析师很有可能会考虑下调对波音未来几个季度的财务预测。在2021年应该买入波音股票吗？从长远来看，我们确实非常喜欢波音这种非常优秀的企业。更重要的是，在可预见的未来，空客和波音这种公司在商用飞机领域的双头垄断格局不太可能会受到任何公司的挑战，因为这个领域在规模和资金方面存在着巨大的进入壁垒。另一方面，波音的股票在短期内可能不那么有吸引力。理由就是我们前面说过的那些，目前市场对波音的财务预测还是太乐观了，而且市场对波音的估值高于与其竞争对手空客，以及更多的737 MAX飞机还在受到当前电气系统问题的影响，还有就是疫情需要比预期更长的时间才能得到有效控制等因素，促使我们得到这样的结论。","news_type":1,"symbols_score_info":{"BA":0.9}},"isVote":1,"tweetType":1,"viewCount":614,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":377968310,"gmtCreate":1619490027530,"gmtModify":1704724805092,"author":{"id":"3577343858256661","authorId":"3577343858256661","name":"kenp","avatar":"https://static.tigerbbs.com/658bc030049b2996b0e2f267da086675","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3577343858256661","idStr":"3577343858256661"},"themes":[],"htmlText":"Good","listText":"Good","text":"Good","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":7,"repostSize":0,"link":"https://ttm.financial/post/377968310","repostId":"1151728108","repostType":4,"repost":{"id":"1151728108","kind":"news","pubTimestamp":1619489726,"share":"https://ttm.financial/m/news/1151728108?lang=en_US&edition=fundamental","pubTime":"2021-04-27 10:15","market":"us","language":"zh","title":"Baidu redevelopment site","url":"https://stock-news.laohu8.com/highlight/detail?id=1151728108","media":"36氪","summary":"在搜索领域，百度从不缺少挑战者。考虑到搜索业务与用户的直接需求联系最为密切，近几年，各大互联网公司在打造自身生态的同时，无一例外都盯上了搜索这块业务。以至于信息和服务开始封闭在各个App内，形成一个个","content":"<p><img src=\"https://static.tigerbbs.com/a184d4d958b8048b8452f3f24e875e18\" tg-width=\"1004\" tg-height=\"638\" referrerpolicy=\"no-referrer\"></p><p>In the field of search, Baidu never lacks challengers.</p><p>Considering that the search business is most closely related to the direct needs of users, in recent years, all major Internet companies have focused on the search business without exception while building their own ecology. As a result, information and services began to be closed in each App, forming information islands.</p><p>The competition of ecological players will always be endowed with legendary color. Since then, there have been talks about the new search pattern from time to time. What once made the outside world curious was, under the seemingly endless hunting of latecomers, does Baidu have a sense of crisis?</p><p><b>A set of data may provide a side response: the latest data shows that Baidu App has reached 560 million monthly active users, and the login rate exceeds 75%, which is steadily higher than the end of last year.</b></p><p>Under the general trend that the overall Internet traffic is either flattening or declining, the data of Baidu App is showing an upward trend. Behind the slight data changes, what is implied is the drastic layout of Baidu's mobile ecological strategy in the past two years.</p><p>With intelligent search as the basic disk, Baidu is entering more and more fields, such as e-commerce, live broadcast, and health. It can connect more and more, from the initial information to today's people and services.</p><p>On April 26th, at the Baidu Vientiane Conference, Baidu App announced the upgrade of slogan, from \"search if you have something to do, have a look if you have nothing to do\" to a brand-new \"Baidu, better life\". At the same time, it focused on the release of the mobile ecosystem X + Y strategic layout, that is, \"horizontally expanding the user scale and vertically deepening the industry vertical category\".</p><p>Undoubtedly, Baidu is rebuilding its territory. The tentacles of intelligent search are extending to all walks of life, and towering trees belonging to Baidu's mobile ecosystem are growing.</p><p><b>The logic of Baidu mobile ecosystem has changed</b></p><p>\"From 2000 to 2020, you see the same search box, but behind it, we have gone 20 years.\" People still remember that last year, because of a documentary called Twenty Degrees, Baidu's 20-year development history was presented to the public one by one.</p><p>From three Peking University students and four interns in Peking University Resource Hotel to today's nearly 30,000 global employees, through the era of PC Internet, mobile Internet and artificial intelligence, although people always see the same search box when they open Baidu, the things and logic behind it are completely different.</p><p><b>The evolution of Baidu has already occurred in 6 billion daily searches.</b></p><p>Turn the time back to 2019 as the year of change for Baidu. The drastic changes in personnel and organization send a strong signal that Baidu \"turns around\". After the formal establishment of the Mobile Ecosystem Business Group (MEG), Shen Dou, executive vice president of Baidu Group, led the strategic reconstruction of Baidu's mobile ecosystem-with Baidu App as the core, search + information flow as the dual engines, and Baijiahao + smart applet + hosting page as the three pillars.</p><p>At that time, Baidu's core search business faced a short-term crisis because it missed the general trend of the mobile Internet: since 2017 to 2019, the growth rate of search advertising, Baidu's core main business, has shown a fluctuating downward trend. Later, the newly launched mobile ecological strategy finally became a good medicine to resolve this crisis. According to the latest financial report, Baidu's 2020 revenue data and operating data both hit new highs.</p><p>With the formation of Baidu's mobile ecological strategy, Baidu's \"potential\" has gradually been released.</p><p>In particular, the development of the three pillar businesses of Baijiahao, smart applet and hosting page has exceeded the expectations of people in the industry. On April 26th, at the Baidu Vientiane Conference, a set of new data was also disclosed-Baidu App has 560 million monthly active users, Baijiahao creators have 4.2 million, and the number of small programs has 660,000.</p><p><b>At this conference, Shen Dou also had a clearer positioning of Baidu's mobile ecosystem development goal-based on the powerful dual engine of \"intelligent search + intelligent recommendation\", Baidu will create a more diverse and prosperous mobile ecosystem.</b></p><p>Judging from the existing framework of Baidu's mobile ecosystem, horizontally, Baidu has entry products such as Baidu App, Haokan Video, iQiyi, Baidu Post Bar, and Baidu Map, covering user needs in multiple scenarios. Vertically, Baidu has created a series of moat products, from Baidu Know, Baidu Encyclopedia to the newly born Baidu Wenyiwen business.</p><p><img src=\"https://static.tigerbbs.com/e042bf36f5fa3d95d15ca1bfb69a4eaf\" tg-width=\"1080\" tg-height=\"462\" referrerpolicy=\"no-referrer\"></p><p>This has significantly changed the logic of Baidu's mobile ecosystem. In the past, Baidu search mainly met people's needs for information. Although it is very efficient, after getting the information, people will go elsewhere to convert and complete the service. Now, through Baidu Mobile Ecosystem, a complete set of closed-loop services can be completed in one stop.</p><p>By making large and small programs and making them open source, we can absorb the power of more external ecological partners. At present, smart applets cover 271 industries. As Shen Dou emphasized at the conference, Baidu smart applets are the only truly open source platform in the industry, with 69 members accessing them, including iQiyi, Xiaohongshu, Ctrip, WiFi Master Key and other industry-leading apps, as well as hardware platforms such as Xiaodu smart speakers and smart cars. A large number of Baidu smart applets can already run on these platforms.</p><p><b>The most subtle hosting page can not only support advertisers to build their own business positions in Baidu's mobile ecosystem, but also help advertisers efficiently operate private domain traffic. Baidu itself can also manage it to ensure ecological health to a greater extent.</b></p><p>\"Baidu should not only be a good connector, but also go deep into more industries to empower, so as to tap more innovation opportunities.\" Shen Dou said.</p><p><b>What is Baidu's confidence in building an ecosystem?</b></p><p>Looking back at the tracks that Baidu chose to enter: big health, e-commerce, live broadcast, and education, without exception, are the most popular vertical tracks at the moment, but they also face various challenges.</p><p>Based on the characteristics of their own e-commerce platforms, companies represented by Ali and JD.com first solve the problem of buying medicines when entering the field of big health. Pinduoduo has become the third existence in the e-commerce track besides Alibaba and JD.com by virtue of social networking. As the most lucrative track in the past year, education has reached a fierce stage as major Internet companies rush to enter the market.</p><p><b>Before answering how Baidu cuts into these tracks, it is still necessary to consider the extent to which Baidu's own genes, namely search, have developed.</b></p><p>In the past 21 years, Baidu has carried out the technology to the end. In the first ten years, it focused on the investment of search engine technology, and evolved artificial intelligence technologies such as speech, image, knowledge graph, and natural language processing; In the past 10 years, Baidu has continued to invest in cutting-edge fields such as deep learning, conversational artificial intelligence operating systems, autonomous driving, and AI chips. Therefore, Baidu's AI capabilities have continued to be connected to the mobile ecosystem, and eventually developed into an AI company with an Internet foundation. Ecological company.</p><p>Perhaps it is based on this technology accumulation that Baidu has the confidence to put forward the \"personification\" and \"service\" strategy of mobile ecosystem.</p><p><img src=\"https://static.tigerbbs.com/67762dab28d9535aad3d843cbd160ad0\" tg-width=\"1080\" tg-height=\"671\" referrerpolicy=\"no-referrer\"></p><p>To a certain extent, the virtual world has narrowed the distance between people. According to Baidu's research, more and more users want to reach \"real people\" to solve their problems. On the other hand, with the continuous improvement of the overall social education level, talents are also showing a more diversified trend.</p><p><b>Based on these trend changes, Baidu continues to expand to the back end on top of the three pillar businesses of Baijiahao, small programs, and hosted pages.</b></p><p>The service strategy pursues \"what you see is what you get\", providing users with corresponding closed-loop services while searching for information. According to Baidu, the current service performance within the Baidu ecosystem is gradually improving. Of course, this is also due to the continuous improvement of infrastructure in various industries today, and the continuous maturity of logistics, financial payment system, and credit system, which makes Baidu's entry into services more smooth.</p><p>In Shen Dou's view, \"Personification makes the whole mobile Internet full of vitality, fireworks and vivid communication.\"</p><p>What Baidu needs to do is to constantly improve and enrich this ecosystem and attract more talents to enter. It is understandable that if you want to build a healthy ecosystem, commercialization is particularly important. In the past, Baidu mainly relied on advertising to share profits. In the future, Baidu will pursue more diversified business opportunities. Even to create more native commercial content, Baidu calls it \"native realization\".</p><p><b>Based on this, Baidu also released nine major support plans at this year's Vientiane Conference to empower partners in the form of traffic + cash subsidies.</b></p><p>Among them, in the field of short video, good-looking video will invite 100 famous artists to settle on the platform, and drive 10,000 creators in various professional fields to jointly create pan-knowledge content. In terms of health, the \"Medical + Plan\", \"Business Empowerment Plan\" and \"Hundred Cities and Hundred Hospitals Plan\" have been launched to open up all resources and support doctors, MCN institutions, public hospitals and health services with tens of billions of traffic and billions of cash subsidies. merchant. In terms of e-commerce, Baidu has proposed three major measures: hundreds of millions of traffic, hundreds of millions of cash subsidies and commission-free.</p><p>It is particularly noteworthy that at this Vientiane Conference, e-commerce and health were also pushed to the forefront for the first time. In the past, the outside world's impression of Baidu has always been that defense is greater than offense. Judging from the various actions of this Vientiane Conference, Baidu is attacking everywhere, and constantly expanding its business boundaries and scope, different businesses have begun to take root in Baidu's mobile ecosystem.</p><p><b>In-depth industry, Baidu recreates more \"Baidu\"</b></p><p>In fact, these signs also show that Baidu's ambition is not limited to just building a simple ecosystem.</p><p>Even in these vertical industries it has entered, due to the continuous growth of user demand and market size, it is very likely that the next \"Baidu\" will be born in the future, which also makes Baidu's next goals continue to extend to the back end of the industry.</p><p>For example, the Internet health industry, which has been catalyzed by the epidemic. The latest market value of JD Health is HK $358.5 billion, and the latest market value of Ali Health is HK $321 billion. The Internet health industry that Baidu wants to cut off is actually much larger than the pharmaceutical e-commerce industry.</p><p><b>If we further go deep into the industrial side, the current digitalization of the domestic medical and health industry has been at a low level. This is also one of the main reasons why Baidu wants to enter the big health industry.</b></p><p>In the past, Baidu mainly provided information inquiry services, but now it has cut into a series of health services such as consultation, vaccine appointment, chronic disease management, and medical e-commerce through information. By building Internet hospitals, we will provide industrial intelligent solutions for the industry.</p><p><b>In the hottest short video field nowadays, Baidu also provides new ideas for the industry. The pan-knowledge short video-good-looking video, which is positioned as \"easy and rewarding\", is becoming a clean stream in the short video industry based on Baidu's knowledge attributes and characteristics.</b></p><p><img src=\"https://static.tigerbbs.com/ea443fab4d0d4a77db80bc6e7811a1f1\" tg-width=\"1080\" tg-height=\"704\" referrerpolicy=\"no-referrer\"></p><p>At the Vientiane Conference, Song Jian, general manager of Baidu Short Video Ecological Platform, released the product functions of good-looking video knowledge graph and first mentioned the concept of \"frame video\". At the meeting, Song Jian threw out a set of data, that is, good-looking video has 10 billion pan-knowledge video content with monthly traffic, and there are 270 million pan-knowledge video searches every day.</p><p>The flourishing trend is taking shape.</p><p>In the short video track, some people win with traffic, while others are famous for their communities. Judging from Baidu's current layout, it hopes to add more things to short videos, which is not limited to entertainment, but also to add knowledge to every frame. Even for commodities, it may be more important to combine short videos with services.</p><p><b>In key vertical fields such as live broadcast and e-commerce, Baidu's wolf nature can also be seen.</b></p><p>In 2020, Baidu spent US $3.6 billion to acquire YY, which made the industry see Baidu's determination to enter the live broadcast industry. Since then, the two parties have not only completed the integration of organizational structure, but Baidu's more explorations in the field of live broadcast have also begun to become a new force stirring up the industry.</p><p>From Baidu's internal point of view, live broadcast has obvious characteristics of personalization and service, and the connection between users and anchors can be well realized through live broadcast. Whether it's entertainment, professional consultation or live streaming. Live broadcast e-commerce is also the direction that Baidu is focusing on. On April 9 this year, Li Weijia's single GMV in Baidu's first live broadcast reached \"130 million yuan\", announcing that Baidu search + e-commerce has entered a new stage.</p><p><img src=\"https://static.tigerbbs.com/f3d4e2db7c305ef89bb400cb92884593\" tg-width=\"1080\" tg-height=\"914\" referrerpolicy=\"no-referrer\"></p><p>Not long ago, Zhihu officially landed on the New York Stock Exchange and became the \"first knowledge stock\". Less than a month after listing, the stock price rose by 30%, which intuitively reflects capital's recognition of the \"knowledge\" platform.</p><p>In fact, one of the core advantages of Baidu's mobile ecology is knowledge ecology, which is also the core logic of Baidu's launch of \"Ask a Question\". Provide users with real-time online question and answer experience. Even, because Baidu's mobile ecological facilities are more completely built and its commercial products are more mature, it will be smoother for creators or service providers to provide paid Q&A services here. Enterprises can also realize the monetization of original and biochemical commerce by asking about the original and biochemical content.</p><p><b>At the latest closing price, Baidu's market value is US $78.126 billion. And many fields it is entering and deeply entering have wide enough tracks to support Baidu in recreating the next \"Baidu\".</b></p><p>The depth charges on the bottom of the sea are constantly exploding with greater potential, but now is just the beginning of the story. After telling these stories, Baidu still has a long way to go.</p>","source":"36k","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>Baidu redevelopment site</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 12.5px; color: #7E829C; margin: 0;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nBaidu redevelopment site\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">36氪</strong><span class=\"h-time small\">2021-04-27 10:15</span>\n</p>\n</h4>\n</header>\n<article>\n<p><img src=\"https://static.tigerbbs.com/a184d4d958b8048b8452f3f24e875e18\" tg-width=\"1004\" tg-height=\"638\" referrerpolicy=\"no-referrer\"></p><p>In the field of search, Baidu never lacks challengers.</p><p>Considering that the search business is most closely related to the direct needs of users, in recent years, all major Internet companies have focused on the search business without exception while building their own ecology. As a result, information and services began to be closed in each App, forming information islands.</p><p>The competition of ecological players will always be endowed with legendary color. Since then, there have been talks about the new search pattern from time to time. What once made the outside world curious was, under the seemingly endless hunting of latecomers, does Baidu have a sense of crisis?</p><p><b>A set of data may provide a side response: the latest data shows that Baidu App has reached 560 million monthly active users, and the login rate exceeds 75%, which is steadily higher than the end of last year.</b></p><p>Under the general trend that the overall Internet traffic is either flattening or declining, the data of Baidu App is showing an upward trend. Behind the slight data changes, what is implied is the drastic layout of Baidu's mobile ecological strategy in the past two years.</p><p>With intelligent search as the basic disk, Baidu is entering more and more fields, such as e-commerce, live broadcast, and health. It can connect more and more, from the initial information to today's people and services.</p><p>On April 26th, at the Baidu Vientiane Conference, Baidu App announced the upgrade of slogan, from \"search if you have something to do, have a look if you have nothing to do\" to a brand-new \"Baidu, better life\". At the same time, it focused on the release of the mobile ecosystem X + Y strategic layout, that is, \"horizontally expanding the user scale and vertically deepening the industry vertical category\".</p><p>Undoubtedly, Baidu is rebuilding its territory. The tentacles of intelligent search are extending to all walks of life, and towering trees belonging to Baidu's mobile ecosystem are growing.</p><p><b>The logic of Baidu mobile ecosystem has changed</b></p><p>\"From 2000 to 2020, you see the same search box, but behind it, we have gone 20 years.\" People still remember that last year, because of a documentary called Twenty Degrees, Baidu's 20-year development history was presented to the public one by one.</p><p>From three Peking University students and four interns in Peking University Resource Hotel to today's nearly 30,000 global employees, through the era of PC Internet, mobile Internet and artificial intelligence, although people always see the same search box when they open Baidu, the things and logic behind it are completely different.</p><p><b>The evolution of Baidu has already occurred in 6 billion daily searches.</b></p><p>Turn the time back to 2019 as the year of change for Baidu. The drastic changes in personnel and organization send a strong signal that Baidu \"turns around\". After the formal establishment of the Mobile Ecosystem Business Group (MEG), Shen Dou, executive vice president of Baidu Group, led the strategic reconstruction of Baidu's mobile ecosystem-with Baidu App as the core, search + information flow as the dual engines, and Baijiahao + smart applet + hosting page as the three pillars.</p><p>At that time, Baidu's core search business faced a short-term crisis because it missed the general trend of the mobile Internet: since 2017 to 2019, the growth rate of search advertising, Baidu's core main business, has shown a fluctuating downward trend. Later, the newly launched mobile ecological strategy finally became a good medicine to resolve this crisis. According to the latest financial report, Baidu's 2020 revenue data and operating data both hit new highs.</p><p>With the formation of Baidu's mobile ecological strategy, Baidu's \"potential\" has gradually been released.</p><p>In particular, the development of the three pillar businesses of Baijiahao, smart applet and hosting page has exceeded the expectations of people in the industry. On April 26th, at the Baidu Vientiane Conference, a set of new data was also disclosed-Baidu App has 560 million monthly active users, Baijiahao creators have 4.2 million, and the number of small programs has 660,000.</p><p><b>At this conference, Shen Dou also had a clearer positioning of Baidu's mobile ecosystem development goal-based on the powerful dual engine of \"intelligent search + intelligent recommendation\", Baidu will create a more diverse and prosperous mobile ecosystem.</b></p><p>Judging from the existing framework of Baidu's mobile ecosystem, horizontally, Baidu has entry products such as Baidu App, Haokan Video, iQiyi, Baidu Post Bar, and Baidu Map, covering user needs in multiple scenarios. Vertically, Baidu has created a series of moat products, from Baidu Know, Baidu Encyclopedia to the newly born Baidu Wenyiwen business.</p><p><img src=\"https://static.tigerbbs.com/e042bf36f5fa3d95d15ca1bfb69a4eaf\" tg-width=\"1080\" tg-height=\"462\" referrerpolicy=\"no-referrer\"></p><p>This has significantly changed the logic of Baidu's mobile ecosystem. In the past, Baidu search mainly met people's needs for information. Although it is very efficient, after getting the information, people will go elsewhere to convert and complete the service. Now, through Baidu Mobile Ecosystem, a complete set of closed-loop services can be completed in one stop.</p><p>By making large and small programs and making them open source, we can absorb the power of more external ecological partners. At present, smart applets cover 271 industries. As Shen Dou emphasized at the conference, Baidu smart applets are the only truly open source platform in the industry, with 69 members accessing them, including iQiyi, Xiaohongshu, Ctrip, WiFi Master Key and other industry-leading apps, as well as hardware platforms such as Xiaodu smart speakers and smart cars. A large number of Baidu smart applets can already run on these platforms.</p><p><b>The most subtle hosting page can not only support advertisers to build their own business positions in Baidu's mobile ecosystem, but also help advertisers efficiently operate private domain traffic. Baidu itself can also manage it to ensure ecological health to a greater extent.</b></p><p>\"Baidu should not only be a good connector, but also go deep into more industries to empower, so as to tap more innovation opportunities.\" Shen Dou said.</p><p><b>What is Baidu's confidence in building an ecosystem?</b></p><p>Looking back at the tracks that Baidu chose to enter: big health, e-commerce, live broadcast, and education, without exception, are the most popular vertical tracks at the moment, but they also face various challenges.</p><p>Based on the characteristics of their own e-commerce platforms, companies represented by Ali and JD.com first solve the problem of buying medicines when entering the field of big health. Pinduoduo has become the third existence in the e-commerce track besides Alibaba and JD.com by virtue of social networking. As the most lucrative track in the past year, education has reached a fierce stage as major Internet companies rush to enter the market.</p><p><b>Before answering how Baidu cuts into these tracks, it is still necessary to consider the extent to which Baidu's own genes, namely search, have developed.</b></p><p>In the past 21 years, Baidu has carried out the technology to the end. In the first ten years, it focused on the investment of search engine technology, and evolved artificial intelligence technologies such as speech, image, knowledge graph, and natural language processing; In the past 10 years, Baidu has continued to invest in cutting-edge fields such as deep learning, conversational artificial intelligence operating systems, autonomous driving, and AI chips. Therefore, Baidu's AI capabilities have continued to be connected to the mobile ecosystem, and eventually developed into an AI company with an Internet foundation. Ecological company.</p><p>Perhaps it is based on this technology accumulation that Baidu has the confidence to put forward the \"personification\" and \"service\" strategy of mobile ecosystem.</p><p><img src=\"https://static.tigerbbs.com/67762dab28d9535aad3d843cbd160ad0\" tg-width=\"1080\" tg-height=\"671\" referrerpolicy=\"no-referrer\"></p><p>To a certain extent, the virtual world has narrowed the distance between people. According to Baidu's research, more and more users want to reach \"real people\" to solve their problems. On the other hand, with the continuous improvement of the overall social education level, talents are also showing a more diversified trend.</p><p><b>Based on these trend changes, Baidu continues to expand to the back end on top of the three pillar businesses of Baijiahao, small programs, and hosted pages.</b></p><p>The service strategy pursues \"what you see is what you get\", providing users with corresponding closed-loop services while searching for information. According to Baidu, the current service performance within the Baidu ecosystem is gradually improving. Of course, this is also due to the continuous improvement of infrastructure in various industries today, and the continuous maturity of logistics, financial payment system, and credit system, which makes Baidu's entry into services more smooth.</p><p>In Shen Dou's view, \"Personification makes the whole mobile Internet full of vitality, fireworks and vivid communication.\"</p><p>What Baidu needs to do is to constantly improve and enrich this ecosystem and attract more talents to enter. It is understandable that if you want to build a healthy ecosystem, commercialization is particularly important. In the past, Baidu mainly relied on advertising to share profits. In the future, Baidu will pursue more diversified business opportunities. Even to create more native commercial content, Baidu calls it \"native realization\".</p><p><b>Based on this, Baidu also released nine major support plans at this year's Vientiane Conference to empower partners in the form of traffic + cash subsidies.</b></p><p>Among them, in the field of short video, good-looking video will invite 100 famous artists to settle on the platform, and drive 10,000 creators in various professional fields to jointly create pan-knowledge content. In terms of health, the \"Medical + Plan\", \"Business Empowerment Plan\" and \"Hundred Cities and Hundred Hospitals Plan\" have been launched to open up all resources and support doctors, MCN institutions, public hospitals and health services with tens of billions of traffic and billions of cash subsidies. merchant. In terms of e-commerce, Baidu has proposed three major measures: hundreds of millions of traffic, hundreds of millions of cash subsidies and commission-free.</p><p>It is particularly noteworthy that at this Vientiane Conference, e-commerce and health were also pushed to the forefront for the first time. In the past, the outside world's impression of Baidu has always been that defense is greater than offense. Judging from the various actions of this Vientiane Conference, Baidu is attacking everywhere, and constantly expanding its business boundaries and scope, different businesses have begun to take root in Baidu's mobile ecosystem.</p><p><b>In-depth industry, Baidu recreates more \"Baidu\"</b></p><p>In fact, these signs also show that Baidu's ambition is not limited to just building a simple ecosystem.</p><p>Even in these vertical industries it has entered, due to the continuous growth of user demand and market size, it is very likely that the next \"Baidu\" will be born in the future, which also makes Baidu's next goals continue to extend to the back end of the industry.</p><p>For example, the Internet health industry, which has been catalyzed by the epidemic. The latest market value of JD Health is HK $358.5 billion, and the latest market value of Ali Health is HK $321 billion. The Internet health industry that Baidu wants to cut off is actually much larger than the pharmaceutical e-commerce industry.</p><p><b>If we further go deep into the industrial side, the current digitalization of the domestic medical and health industry has been at a low level. This is also one of the main reasons why Baidu wants to enter the big health industry.</b></p><p>In the past, Baidu mainly provided information inquiry services, but now it has cut into a series of health services such as consultation, vaccine appointment, chronic disease management, and medical e-commerce through information. By building Internet hospitals, we will provide industrial intelligent solutions for the industry.</p><p><b>In the hottest short video field nowadays, Baidu also provides new ideas for the industry. The pan-knowledge short video-good-looking video, which is positioned as \"easy and rewarding\", is becoming a clean stream in the short video industry based on Baidu's knowledge attributes and characteristics.</b></p><p><img src=\"https://static.tigerbbs.com/ea443fab4d0d4a77db80bc6e7811a1f1\" tg-width=\"1080\" tg-height=\"704\" referrerpolicy=\"no-referrer\"></p><p>At the Vientiane Conference, Song Jian, general manager of Baidu Short Video Ecological Platform, released the product functions of good-looking video knowledge graph and first mentioned the concept of \"frame video\". At the meeting, Song Jian threw out a set of data, that is, good-looking video has 10 billion pan-knowledge video content with monthly traffic, and there are 270 million pan-knowledge video searches every day.</p><p>The flourishing trend is taking shape.</p><p>In the short video track, some people win with traffic, while others are famous for their communities. Judging from Baidu's current layout, it hopes to add more things to short videos, which is not limited to entertainment, but also to add knowledge to every frame. Even for commodities, it may be more important to combine short videos with services.</p><p><b>In key vertical fields such as live broadcast and e-commerce, Baidu's wolf nature can also be seen.</b></p><p>In 2020, Baidu spent US $3.6 billion to acquire YY, which made the industry see Baidu's determination to enter the live broadcast industry. Since then, the two parties have not only completed the integration of organizational structure, but Baidu's more explorations in the field of live broadcast have also begun to become a new force stirring up the industry.</p><p>From Baidu's internal point of view, live broadcast has obvious characteristics of personalization and service, and the connection between users and anchors can be well realized through live broadcast. Whether it's entertainment, professional consultation or live streaming. Live broadcast e-commerce is also the direction that Baidu is focusing on. On April 9 this year, Li Weijia's single GMV in Baidu's first live broadcast reached \"130 million yuan\", announcing that Baidu search + e-commerce has entered a new stage.</p><p><img src=\"https://static.tigerbbs.com/f3d4e2db7c305ef89bb400cb92884593\" tg-width=\"1080\" tg-height=\"914\" referrerpolicy=\"no-referrer\"></p><p>Not long ago, Zhihu officially landed on the New York Stock Exchange and became the \"first knowledge stock\". Less than a month after listing, the stock price rose by 30%, which intuitively reflects capital's recognition of the \"knowledge\" platform.</p><p>In fact, one of the core advantages of Baidu's mobile ecology is knowledge ecology, which is also the core logic of Baidu's launch of \"Ask a Question\". Provide users with real-time online question and answer experience. Even, because Baidu's mobile ecological facilities are more completely built and its commercial products are more mature, it will be smoother for creators or service providers to provide paid Q&A services here. Enterprises can also realize the monetization of original and biochemical commerce by asking about the original and biochemical content.</p><p><b>At the latest closing price, Baidu's market value is US $78.126 billion. And many fields it is entering and deeply entering have wide enough tracks to support Baidu in recreating the next \"Baidu\".</b></p><p>The depth charges on the bottom of the sea are constantly exploding with greater potential, but now is just the beginning of the story. After telling these stories, Baidu still has a long way to go.</p>\n<div class=\"bt-text\">\n\n\n<p> source：<a href=\"https://36kr.com/p/1199589465459203\">36氪</a></p>\n\n\n</div>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://static.tigerbbs.com/a184d4d958b8048b8452f3f24e875e18","relate_stocks":{"09888":"百度集团-SW","BIDU":"百度"},"source_url":"https://36kr.com/p/1199589465459203","is_english":false,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1151728108","content_text":"在搜索领域，百度从不缺少挑战者。考虑到搜索业务与用户的直接需求联系最为密切，近几年，各大互联网公司在打造自身生态的同时，无一例外都盯上了搜索这块业务。以至于信息和服务开始封闭在各个App内，形成一个个信息孤岛。生态型玩家的竞争总会被赋予传奇色彩。此后，关于搜索新格局的说法便时有传出。而让外界一度感到好奇的是，后来者看似层出不穷的围猎下，百度到底有没有危机感？一组数据或许可以作出侧面回应：最新数据显示，百度App月活达到5.6亿，登陆率超过75%，较去年底再度稳步提升。在互联网整体流量或趋平或下滑的大趋势下，百度App的数据却呈现上涨的态势。在轻微的数据变化背后，隐含的却是过去两年时间里，百度移动生态战略大刀阔斧的布局。以智能搜索为基本盘，百度进入的领域正在越来越多，电商、直播、健康，其所能连接的也越来越多，从最初的信息变成了今天的人与服务。4月26日，在百度万象大会上，百度App宣布升级slogan，由“有事搜一搜，没事看一看”，变为全新的“百度一下，生活更好”。同时重点发布了移动生态 X+Y 战略布局，即“横向开拓用户规模，纵向深耕行业垂类”。毋庸置疑，百度正在重建地盘。智能搜索的触角正在伸向各行各业，属于百度移动生态的参天大树正在长成。百度移动生态的逻辑变了“从2000年到2020年，您看到的是同一个搜索框，但在背后，我们却走了20年的路。”人们还记得，去年因为一部名为《二十度》的纪录片，百度20年的发展历程被一一呈现在大众面前。从北大资源宾馆的三个北大人和四个实习生，到今天的近3万名全球员工，历经PC互联网时代、移动互联网时代和人工智能时代，尽管人们打开百度看到的始终是同一个搜索框，但背后所获取的东西和逻辑却已全然不同。百度的进化，早已在日常60亿次的搜索里产生。把时间回拨到2019年，作为百度的变革之年。人事与组织的剧变向外传递百度“转身”的强烈信号。在正式组建移动生态事业群组（MEG）后，百度集团执行副总裁沈抖主导了对百度移动生态的战略重构——以百度App为核心，以搜索+信息流为双引擎，以百家号+智能小程序+托管页为三大支柱。彼时，百度核心搜索业务曾因错过移动互联网大势而面临一次短暂的危机：2017年至2019年以来，百度核心主营业务搜索广告增速呈波动下降趋势。后来再看，全新启动的移动生态战略最终成为了化解这一危机的良药。据最新财报显示，百度2020年营收数据和运营数据双双创下了新高。随着百度移动生态战略的成型，百度的“潜力”也由此逐渐释放。特别是百家号、智能小程序和托管页三大支柱业务的发展，超出了业内人的预期。4月26日，在百度万象大会上，一组新数据也被披露——百度App月活达5.6亿，百家号创作者达420万，小程序数量达66万。在本次大会上，沈抖也对百度移动生态发展目标有了更清晰的定位——基于强大的“智能搜索+智能推荐”双引擎，百度将打造出更多元、繁荣的移动生态。而从百度移动生态现有的框架来看，横向上，百度拥有百度App、好看视频、爱奇艺、百度贴吧、百度地图等入口型产品，覆盖多个场景下用户需求。纵向上，百度打造了一系列护城河类产品，从百度知道、百度百科到全新诞生的百度问一问业务。这让百度移动生态的逻辑发生了明显变迁，百度搜索在过去满足的主要是人们获取信息的需求。尽管效率很高，但得到信息后，人们会去其它地方转化完成服务。现在，通过百度移动生态，一整套服务闭环可以一站式完成。通过大做小程序，并将其开源，吸纳更多外部生态伙伴的力量。目前，智能小程序覆盖行业达到271个，正如沈抖在大会上所强调的，百度智能小程序是业内唯一真正开源平台，已有69个成员接入，其中既包括爱奇艺、小红书、携程、WiFi万能钥匙等行业头部App，也包括小度智能音箱、智能汽车等硬件平台，大量百度智能小程序已经可以在这些平台上运行。而最为微妙的托管页，不仅可以支持广告主在百度的移动生态内搭建自己的经营阵地，帮助广告主高效运营私域流量。百度自身还可以对其进行管理，更大程度确保生态健康。“百度不仅要做好连接器，更要深入更多产业里去赋能，从而去挖掘更多的创新机会。”沈抖称。打造生态，百度的底气是什么？回过头来看百度选择进入的赛道：大健康、电商、直播、教育，无一例外都是当下最为热门的垂直赛道，但也同样面临着各式各样的挑战。以阿里、京东为代表的企业基于自身的电商平台特性，在切入大健康领域时首先解决的也是买药的问题。拼多多凭借社交在阿里和京东之外成为电商赛道的第三种存在。而教育作为过去一年最吸金的赛道，随着各大互联网公司争先抢夺入场，竞争已经达到了白热化的阶段。在回答百度如何切入这些赛道之前，仍旧要考虑百度自身的基因即搜索，发展到了一个什么样的程度。过去21年，百度将技术贯彻到底。在前十年专注于搜索引擎技术的投入，演化出语音、图像、知识图谱、自然语言处理等人工智能技术；最近10年，百度则在深度学习、对话式人工智能操作系统、自动驾驶、AI芯片等前沿领域持续投入，因此也让百度的AI能力持续接入移动生态，最终发展为一家拥有互联网基础的AI生态型公司。或许正是基于这样的技术积累，百度才有底气提出移动生态的“人格化”与“服务化”战略。一定程度上看，虚拟世界拉近了人与人的距离。根据百度的调研，越来越多用户希望触及到“真实的人”为其解决问题。另一方面，随着整体社会教育水平的不断提升，人才也呈现出更多元化的趋势。基于这些趋势变化，百度在百家号、小程序、托管页三大支柱业务之上，继续向后端延展。服务化战略追求的是“所见即所得”，在用户搜索信息的同时为之提供相应的服务闭环。据百度方面透露，目前百度生态内的服务履约情况在逐步提升。当然，这也得益于今天各行业基础设施的不断完善，物流、金融支付体系、信用体系的不断成熟，让百度切入服务更加顺滑。在沈抖看来，“人格化使得整个移动互联网充满活力，充满烟火气，充满生动的交流。”而百度要做的，是不断完善丰富这个生态系统，吸引更多人才进入。无可厚非的是，想要打造一个健康的生态系统，商业化这一变现环节尤为重要。过去，百度主要依赖于广告分润，未来百度将追求更加多元的商业机会。甚至是打造更多原生化的商业内容，百度则将其称为“原生化变现”。基于此百度还在今年的万象大会上发布了九大扶持计划，以流量+现金补贴形式为合作伙伴赋能。其中，在短视频领域，好看视频将邀请100位名家入驻平台，带动10000位各专业领域创作者共同进行泛知识内容创作。健康方面，则推出了“医+计划”“商家赋能计划”和“百城百院计划”，开放全量资源，以百亿流量和数十亿现金补贴扶持医生、MCN机构、公立医院和健康商家。电商方面，百度提出上亿流量、亿万现金补贴和免佣金三大举措。尤其值得注意的是，在此次万象大会上，电商、健康也首次被推到台前，过往外界对百度的印象一直是防御大于进攻，从此次万象大会的种种动作来看，百度正在四处出击，并不断扩充业务边界和范围，不同业务在百度移动生态内开始全面落地生根。深入产业，百度再造更多“百度”实际上，这些迹象也表明，百度的野心也不局限于只搭建一个简单的生态。甚至在它所进入的这些垂直行业里，由于用户需求和市场规模的不断增长，未来极有可能诞生下一个“百度”，这也让百度接下来的目标不断向产业后端延展。例如被疫情催化发展的互联网健康行业。京东健康的最新市值为3585亿港元，阿里健康的最新市值为3210亿港元，而百度想要切下的互联网健康行业实际要比医药电商行业大的多。如果进一步深入产业侧，目前国内医疗健康行业的数字化一直处于较低水平。这也是百度想要切入大健康产业的主要原因之一。过去，百度主要提供信息查询服务，但现在通过信息切入了问诊、疫苗预约、慢病管理、医药电商等一系列健康服务。通过建造互联网医院，为行业提供产业智能化解决方案。而在时下最为热门的短视频领域，百度也为业界提供了新思路。以“轻松有收获”为定位的泛知识类短视频——好看视频，基于百度的知识属性和特色，正在成为短视频行业的一股清流。在万象大会上，百度短视频生态平台总经理宋健发布了好看视频知识图谱产品功能并首提“帧视频”概念，会上宋健抛出了一组数据，即好看视频每月有100亿流量的泛知识视频内容，每天有2.7亿次泛知识视频搜索。枝繁叶茂之势正在形成。在短视频赛道内，有人以流量取胜，有人以社区著称，从百度目前的布局来看，其希望在短视频里加入更多的东西并不局限于娱乐，在每一帧里添加知识，甚至是商品，让短视频与服务结合起来，或许具有更重要的意义。在直播、电商等重点垂类领域，百度的狼性也可见一斑。2020年，百度斥资36亿美金收购YY的举措，让业界看到了百度切入直播行业的决心。此后，双方不仅在组织架构上完成了融合，百度在直播领域的更多探索也开始成为搅动行业的一股新势力。在百度内部看来，直播拥有明显的人格化和服务化特点，通过直播可以很好的实现用户与主播的连接。无论是娱乐、专业咨询还是直播带货。直播电商也是百度正在重点考虑的方向，今年4月9日，李维嘉在百度首场直播带货的单场GMV达到“1.3亿元”，宣告着百度搜索+电商迈入了新的阶段。不久前，知乎正式登陆纽交所，成为“知识第一股”。上市不足一个月，股价上涨了30%，直观反映出资本对“知识”型平台的认可。事实上，百度移动生态的核心优势之一也是知识生态，这也是百度推出“问一问”的核心逻辑。为用户提供真人实时在线问答体验。甚至，因为百度移动生态设施搭建更完全，商业化产品更成熟，创作者或者说服务者在这里提供付费问答服务将更顺滑。而企业也可以通过问一问生产原生化的内容，实现原生化商业变现。最新收盘价，百度市值781.26亿美元。而它正在进入且深入进入的多个领域均有足够宽的赛道，足以支撑百度再造下一个“百度”。海底的深水炸弹正在不断爆发出更大的潜能，但现在仅仅是故事的开始，讲完这些故事，百度还有很长一段路要走。","news_type":1,"symbols_score_info":{"09888":0.9,"BIDU":0.9}},"isVote":1,"tweetType":1,"viewCount":710,"authorTweetTopStatus":1,"verified":2,"comments":[{"author":{"id":"3576579618783903","authorId":"3576579618783903","name":"爱上投资学","avatar":"https://static.tigerbbs.com/3e312fbf8df67faa6e46a19ef6992c34","crmLevel":11,"crmLevelSwitch":1,"authorIdStr":"3576579618783903","idStr":"3576579618783903"},"content":"On the whole, Facebook faces many unfavorable factors, and it seems that it is expected to announce another astonishing quarter of revenue growth. Therefore, I will develop a bullish view of FB stocks based on the many advantages enjoyed by the company and a careful analysis of some risk factors. I will start by examining the competitive pattern of FB operation, and then turn to the three points I have identified for the company to discuss.","text":"On the whole, Facebook faces many unfavorable factors, and it seems that it is expected to announce another astonishing quarter of revenue growth. Therefore, I will develop a bullish view of FB stocks based on the many advantages enjoyed by the company and a careful analysis of some risk factors. I will start by examining the competitive pattern of FB operation, and then turn to the three points I have identified for the company to discuss.","html":"On the whole, Facebook faces many unfavorable factors, and it seems that it is expected to announce another astonishing quarter of revenue growth. Therefore, I will develop a bullish view of FB stocks based on the many advantages enjoyed by the company and a careful analysis of some risk factors. I will start by examining the competitive pattern of FB operation, and then turn to the three points I have identified for the company to discuss."}],"imageCount":0,"langContent":"EN","totalScore":0},{"id":346869546,"gmtCreate":1618021703485,"gmtModify":1704706055397,"author":{"id":"3577343858256661","authorId":"3577343858256661","name":"kenp","avatar":"https://static.tigerbbs.com/658bc030049b2996b0e2f267da086675","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3577343858256661","idStr":"3577343858256661"},"themes":[],"htmlText":"Hahaha&nbsp;","listText":"Hahaha&nbsp;","text":"Hahaha","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":5,"repostSize":0,"link":"https://ttm.financial/post/346869546","repostId":"1159965822","repostType":4,"isVote":1,"tweetType":1,"viewCount":665,"authorTweetTopStatus":1,"verified":2,"comments":[{"author":{"id":"3576579618783903","authorId":"3576579618783903","name":"爱上投资学","avatar":"https://static.tigerbbs.com/3e312fbf8df67faa6e46a19ef6992c34","crmLevel":11,"crmLevelSwitch":1,"authorIdStr":"3576579618783903","idStr":"3576579618783903"},"content":"GNPX is one of my key stocks. It was developed early everywhere, but it is definitely an innovative biological company with disruptive capabilities. Apart from the market for non-small cell cancer and other solid tumors, the market for diabetes gene therapy is enough to make us look forward to it. It seems to have formed a bottom at more than $4 LCTX is operating normally. Interested readers can refer to the company's additional data on Oregen's treatment of dry AMD released on March 23. The key points of the line are: 75% of patients in Cohort 4 experience an increase in BCVA; In most untreated eyes, vision continues to decline.","text":"GNPX is one of my key stocks. It was developed early everywhere, but it is definitely an innovative biological company with disruptive capabilities. Apart from the market for non-small cell cancer and other solid tumors, the market for diabetes gene therapy is enough to make us look forward to it. It seems to have formed a bottom at more than $4 LCTX is operating normally. Interested readers can refer to the company's additional data on Oregen's treatment of dry AMD released on March 23. The key points of the line are: 75% of patients in Cohort 4 experience an increase in BCVA; In most untreated eyes, vision continues to decline.","html":"GNPX is one of my key stocks. It was developed early everywhere, but it is definitely an innovative biological company with disruptive capabilities. Apart from the market for non-small cell cancer and other solid tumors, the market for diabetes gene therapy is enough to make us look forward to it. It seems to have formed a bottom at more than $4 LCTX is operating normally. Interested readers can refer to the company's additional data on Oregen's treatment of dry AMD released on March 23. The key points of the line are: 75% of patients in Cohort 4 experience an increase in BCVA; In most untreated eyes, vision continues to decline."}],"imageCount":0,"langContent":"EN","totalScore":0},{"id":340568615,"gmtCreate":1617434774337,"gmtModify":1704699678089,"author":{"id":"3577343858256661","authorId":"3577343858256661","name":"kenp","avatar":"https://static.tigerbbs.com/658bc030049b2996b0e2f267da086675","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3577343858256661","idStr":"3577343858256661"},"themes":[],"htmlText":"No&nbsp;","listText":"No&nbsp;","text":"No","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":6,"repostSize":0,"link":"https://ttm.financial/post/340568615","repostId":"2124759475","repostType":4,"repost":{"id":"2124759475","kind":"highlight","weMediaInfo":{"introduction":"中国最具影响力的财经新闻媒体《财经》携手道琼斯媒体集团，引入百年历史的《巴伦》（Barron's）独家内容，打造涵盖全球金融信息、市场动态、行业分析、公司研究及理财顾问评估的全球投资平台。","home_visible":1,"media_name":"Barrons巴伦","id":"1063202233","head_image":"https://static.tigerbbs.com/dd0fd02e1b0644cdbe57505e702dacab"},"pubTimestamp":1617426300,"share":"https://ttm.financial/m/news/2124759475?lang=en_US&edition=fundamental","pubTime":"2021-04-03 13:05","market":"fut","language":"zh","title":"Will Archegos trigger a cascade of financial crises?","url":"https://stock-news.laohu8.com/highlight/detail?id=2124759475","media":"Barrons巴伦","summary":"Archegos则是由比尔·黄，在美国证券交易委员会对他以前的对冲基金指控得到了实质性解决之后创立的家族办公室。Archegos的崩溃至少引发了两个重大关切。其次，Archegos的一些对手方可能还没有充分认识到这些头寸所暴露的全部风险，这一事实令人惊讶，也令人不安。尽管监管机构可能会考虑对这类基金进行适当程度的审查，但当尘埃落定时，Archegos交易对手方的风险管理可能才更加令人担忧。","content":"<p><b>Text | Edited by Howard Fisher | Peng Ren</b></p><p><b>Does this collapse represent the classic regulatory nightmare: previously undetected intrinsically interrelated risks that threaten the smooth functioning of multiple financial institutions and, indeed, the market as a whole?</b></p><p>As a former senior trial attorney for the Securities and Exchange Commission, I've spent the past few days following the unexpected events that gobbled up Archegos Capital Management. I joined the SEC after the financial crisis, and I am often used to looking at large-scale stock price crashes from the perspective of (systemic crisis).</p><p>I mainly focus on two issues: First, was the fact that Archegos is a family office a factor in this collapse?, Does this collapse prove the need to strengthen the regulatory review of family offices? Secondly, does this collapse represent a classic regulatory nightmare: previously undetected intrinsically interrelated risks that threaten the smooth functioning of multiple financial institutions and, indeed, the market as a whole?</p><p>I think too much attention has been put on the family office thing. Family offices are private investment management firms that invest on behalf of a small number of high-net-worth individuals. In some cases, investment managers set up family offices after being imposed on regulatory sanctions prohibiting them from managing investment funds (a more famous example is Steve Cohen, the current owner of the New York Mets). Archegos is a family office founded by Bill Hwang after the US Securities and Exchange Commission (SEC) substantially resolved his former hedge fund charges.</p><p>So, based on the significant systemic risks that family offices may pose, as evidenced by the market volatility caused by counterparties paying their margin positions this time, should the SEC and other agencies monitor and regulate family offices more closely?</p><p>While I'm pretty sure this is under consideration, as a former SEC clerk, I'm more concerned about those significant unknown and undisclosed systemic risks that are the fault of both Archegos' counterparties and the company itself.</p><p>Archegos' liquidation could affect a number of institutions, including counterparties that provided rollover financing for Archegos' over-leveraged bets on a few companies. When these counterparties quickly liquidated the collateral that secured their positions, the share prices of these companies reportedly fell sharply. For these counterparties, losses incurred to cover positions look likely to have a substantial impact on earnings.</p><p><img src=\"https://static.tigerbbs.com/a05f4751634c433b81eed6e08a35b06f\" tg-width=\"1000\" tg-height=\"550\" referrerpolicy=\"no-referrer\"></p><p>The Archegos collapse raises at least two major concerns.</p><p>First, it is extremely disturbing that, as reported, Archegos has the ability to collect such large positions in the open market while evading reporting requirements for larger stakeholders by engaging in various derivatives transactions that disguise the actual size of its holdings. The original intention of regulators to create these reporting indicators is to be able to identify and publish these risks, but in fact, potential changes in market positions may be able to accumulate in an undisclosed way.</p><p>Secondly, the fact that some of Archegos's counterparties may not yet fully appreciate the full range of risks exposed to these positions is surprising and disturbing. Among other things, these counterparties do not appear to have sufficiently taken into account that their ability to quickly withdraw positions may be limited by other stakeholders with similar positions who also want to quickly liquidate these positions. The potential for a relationship with a single counterparty to materially affect the financial position is something that modern risk management should avoid.</p><p>Focusing on the \"family office\" part of the Archegos collapse case is as blind as focusing on Bill Huang's previous conflict with the SEC, because the liquidation of Archegos doesn't seem to have any meaningful connection with the above incident. While regulators may consider an appropriate degree of scrutiny for such funds, risk management for Archegos counterparties may only be more concerning when the dust settles.</p><p>At the very least, regulators should look at systemic risk that way-just as they should look at it when multiple trading parties have similar excess positions that may need to be liquidated quickly. It would not be surprising if civil lawsuits were brought against those companies that suffered significant losses (possibly for failing to disclose risk management gaps) as well as enforcement actions were taken.</p><p>As part of a post-mortem analysis of the 2008 financial crisis, regulators expressed concern that any future crisis could arise from a failure to understand two things: the extent of risks taken by market participants, and the intrinsic correlation of those risks. The collapse of Archegos-and the damage it caused to other market participants-provides a potentially stark example of this risk. Let us only hope that this is a problem of limited scope, not a harbinger of a wider problem.</p><p><i>Howard Fisher is a partner in Moses & Singer Securities Litigation and White Collar Practice. From 2010 to 2019, he served as a senior trial attorney for the U.S. Securities and Exchange Commission.</i></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>Will Archegos trigger a cascade of financial crises?</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 12.5px; color: #7E829C; margin: 0;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nWill Archegos trigger a cascade of financial crises?\n</h2>\n<h4 class=\"meta\">\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1063202233\">\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/dd0fd02e1b0644cdbe57505e702dacab);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Barrons巴伦 </p>\n<p class=\"h-time smaller\">2021-04-03 13:05</p>\n</div>\n</a>\n</h4>\n</header>\n<article>\n<p><b>Text | Edited by Howard Fisher | Peng Ren</b></p><p><b>Does this collapse represent the classic regulatory nightmare: previously undetected intrinsically interrelated risks that threaten the smooth functioning of multiple financial institutions and, indeed, the market as a whole?</b></p><p>As a former senior trial attorney for the Securities and Exchange Commission, I've spent the past few days following the unexpected events that gobbled up Archegos Capital Management. I joined the SEC after the financial crisis, and I am often used to looking at large-scale stock price crashes from the perspective of (systemic crisis).</p><p>I mainly focus on two issues: First, was the fact that Archegos is a family office a factor in this collapse?, Does this collapse prove the need to strengthen the regulatory review of family offices? Secondly, does this collapse represent a classic regulatory nightmare: previously undetected intrinsically interrelated risks that threaten the smooth functioning of multiple financial institutions and, indeed, the market as a whole?</p><p>I think too much attention has been put on the family office thing. Family offices are private investment management firms that invest on behalf of a small number of high-net-worth individuals. In some cases, investment managers set up family offices after being imposed on regulatory sanctions prohibiting them from managing investment funds (a more famous example is Steve Cohen, the current owner of the New York Mets). Archegos is a family office founded by Bill Hwang after the US Securities and Exchange Commission (SEC) substantially resolved his former hedge fund charges.</p><p>So, based on the significant systemic risks that family offices may pose, as evidenced by the market volatility caused by counterparties paying their margin positions this time, should the SEC and other agencies monitor and regulate family offices more closely?</p><p>While I'm pretty sure this is under consideration, as a former SEC clerk, I'm more concerned about those significant unknown and undisclosed systemic risks that are the fault of both Archegos' counterparties and the company itself.</p><p>Archegos' liquidation could affect a number of institutions, including counterparties that provided rollover financing for Archegos' over-leveraged bets on a few companies. When these counterparties quickly liquidated the collateral that secured their positions, the share prices of these companies reportedly fell sharply. For these counterparties, losses incurred to cover positions look likely to have a substantial impact on earnings.</p><p><img src=\"https://static.tigerbbs.com/a05f4751634c433b81eed6e08a35b06f\" tg-width=\"1000\" tg-height=\"550\" referrerpolicy=\"no-referrer\"></p><p>The Archegos collapse raises at least two major concerns.</p><p>First, it is extremely disturbing that, as reported, Archegos has the ability to collect such large positions in the open market while evading reporting requirements for larger stakeholders by engaging in various derivatives transactions that disguise the actual size of its holdings. The original intention of regulators to create these reporting indicators is to be able to identify and publish these risks, but in fact, potential changes in market positions may be able to accumulate in an undisclosed way.</p><p>Secondly, the fact that some of Archegos's counterparties may not yet fully appreciate the full range of risks exposed to these positions is surprising and disturbing. Among other things, these counterparties do not appear to have sufficiently taken into account that their ability to quickly withdraw positions may be limited by other stakeholders with similar positions who also want to quickly liquidate these positions. The potential for a relationship with a single counterparty to materially affect the financial position is something that modern risk management should avoid.</p><p>Focusing on the \"family office\" part of the Archegos collapse case is as blind as focusing on Bill Huang's previous conflict with the SEC, because the liquidation of Archegos doesn't seem to have any meaningful connection with the above incident. While regulators may consider an appropriate degree of scrutiny for such funds, risk management for Archegos counterparties may only be more concerning when the dust settles.</p><p>At the very least, regulators should look at systemic risk that way-just as they should look at it when multiple trading parties have similar excess positions that may need to be liquidated quickly. It would not be surprising if civil lawsuits were brought against those companies that suffered significant losses (possibly for failing to disclose risk management gaps) as well as enforcement actions were taken.</p><p>As part of a post-mortem analysis of the 2008 financial crisis, regulators expressed concern that any future crisis could arise from a failure to understand two things: the extent of risks taken by market participants, and the intrinsic correlation of those risks. The collapse of Archegos-and the damage it caused to other market participants-provides a potentially stark example of this risk. Let us only hope that this is a problem of limited scope, not a harbinger of a wider problem.</p><p><i>Howard Fisher is a partner in Moses & Singer Securities Litigation and White Collar Practice. From 2010 to 2019, he served as a senior trial attorney for the U.S. Securities and Exchange Commission.</i></p>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://static.tigerbbs.com/ad7f61931a0d39e3cccfd6e5e3b0ef5e","relate_stocks":{},"is_english":false,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2124759475","content_text":"文｜霍华德·费舍尔  编辑｜彭韧\n这种崩塌是否代表了典型的监管噩梦: 此前未被察觉的、并对多家金融机构乃至整个市场平稳运行产生威胁的内在关联的风险？\n作为前美国证券交易委员会(Securities and Exchange Commission)的高级审判律师，我过去几天一直在关注吞噬Archegos资本管理公司(Archegos Capital Management)的突发事件。我是在金融危机之后加入美国证交会的，往往习惯于从（系统性危机）这个角度来看待大规模的股价崩溃。\n我主要关注两个问题：第一，Archegos是一家家族办公室这一事实，是否是导致此次崩塌的一个因素?，这种崩塌又是否证明有必要加强对家族办公室的监管审查？其次，这种崩塌是否代表了典型的监管噩梦: 此前未被察觉的、并对多家金融机构乃至整个市场平稳运行产生威胁的内在关联的风险？\n我认为，太多注意力被放在了家族办公室的事情上。家族办公室是代表少数高净值个人进行投资的私人投资管理公司。在某些情况下，投资经理会在被处以禁止管理投资基金的监管制裁之后，成立家族办公室(一个更著名的例子是现任纽约大都会队的老板史蒂夫·科恩(Steve Cohen))。Archegos则是由比尔·黄(Bill Hwang)，在美国证券交易委员会(SEC)对他以前的对冲基金指控得到了实质性解决之后创立的家族办公室。\n那么，基于家族办公室可能会带来的重大系统性风险，正如此次由于交易对手为其保证金头寸买单时引起的市场波动所证明的那样，证券交易委员会和其他机构是否应该更密切地监测和监管家族办公室？\n虽然我很肯定这一点正在考虑之中，但作为一名前证交会职员，我更关心的是那些重大的未知和未被披露的系统性风险，这些风险既是Archegos交易对手的过错，也是这家公司自身的过错。\nArchegos 的爆仓可能会波及多家机构，包括那些为Archegos对少数几家公司的超额杠杆押注提供展期融资的对手方。据报道，当这些对手方迅速清算了担保其头寸的担保品时，这些公司的股价随之大幅下跌。对于这些对手方来说，为弥补头寸而发生的损失看起来可能会对收益产生实质影响。\n\nArchegos的崩溃至少引发了两个重大关切。\n首先，令人极为不安的是，正如报道所述，Archegos有能力在公开市场中收集如此庞大的仓位，同时通过参与各种掩盖其实际持股规模的衍生品交易，来逃避对较大利益攸关方的报告要求。监管机构创建这些报告指标的本意是能够识别和公布这些风险，但事实上，潜在的市场仓位变化可能能够以未被公开的方式积累。\n其次，Archegos的一些对手方可能还没有充分认识到这些头寸所暴露的全部风险，这一事实令人惊讶，也令人不安。除了其他事情外，这些交易对手似乎没有充分考虑到，它们迅速撤出仓位的能力可能受到其他有类似立场的利益相关方的限制，而这些利益相关方也希望迅速清算这些仓位。与单一交易对手的关系可能对财务状况产生实质性影响是现代风险管理所理应避免的。\n关注Archegos崩塌案例中的“家族办公室”部分，正如关注比尔·黄先前与美国证交会之间的冲突一样，是一叶障目，因为 Archegos 的爆仓似乎与上述事件没有任何有意义的联系。尽管监管机构可能会考虑对这类基金进行适当程度的审查，但当尘埃落定时，Archegos交易对手方的风险管理可能才更加令人担忧。\n至少，监管机构应该这样看待系统性风险——就像在多个交易方拥有类似的超额头寸、可能需要迅速平仓的情况下，监管机构所应该看待的方式一样。如果对那些遭受重大损失的公司提起民事诉讼(可能是因为没有披露风险管理差距)以及采取执法行动，也不足为奇。\n作为对2008年金融危机进行事后分析的一部分，监管机构表示担心，未来任何危机都可能会由于未能理解两件事而出现: 市场参与者所承担的风险程度，以及这些风险的内在关联性。Archegos的崩盘 ——以及它对其它市场参与者造成的伤害——为这种风险提供了一个潜在的鲜明范例。让我们唯愿这是一个范围有限的问题，而不是一个更广泛问题的先兆。\n霍华德 · 费舍尔是 Moses & Singer 证券诉讼和白领实践的合伙人。2010年至2019年，他曾经担任美国证券交易委员会的高级审判律师。","news_type":1,"symbols_score_info":{}},"isVote":1,"tweetType":1,"viewCount":752,"authorTweetTopStatus":1,"verified":2,"comments":[{"author":{"id":"3576579618783903","authorId":"3576579618783903","name":"爱上投资学","avatar":"https://static.tigerbbs.com/3e312fbf8df67faa6e46a19ef6992c34","crmLevel":11,"crmLevelSwitch":1,"authorIdStr":"3576579618783903","idStr":"3576579618783903"},"content":"comment here please","text":"comment here please","html":"comment here please"},{"author":{"id":"3576579618783903","authorId":"3576579618783903","name":"爱上投资学","avatar":"https://static.tigerbbs.com/3e312fbf8df67faa6e46a19ef6992c34","crmLevel":11,"crmLevelSwitch":1,"authorIdStr":"3576579618783903","idStr":"3576579618783903"},"content":"how much coin have you got？","text":"how much coin have you got？","html":"how much coin have you got？"}],"imageCount":0,"langContent":"EN","totalScore":0},{"id":887106140,"gmtCreate":1632000972680,"gmtModify":1676530682867,"author":{"id":"3577343858256661","authorId":"3577343858256661","name":"kenp","avatar":"https://static.tigerbbs.com/658bc030049b2996b0e2f267da086675","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3577343858256661","idStr":"3577343858256661"},"themes":[],"htmlText":"Good&nbsp;","listText":"Good&nbsp;","text":"Good","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":3,"repostSize":0,"link":"https://ttm.financial/post/887106140","repostId":"2168776335","repostType":4,"isVote":1,"tweetType":1,"viewCount":653,"authorTweetTopStatus":1,"verified":2,"comments":[{"author":{"id":"3576579618783903","authorId":"3576579618783903","name":"爱上投资学","avatar":"https://static.tigerbbs.com/3e312fbf8df67faa6e46a19ef6992c34","crmLevel":11,"crmLevelSwitch":1,"authorIdStr":"3576579618783903","idStr":"3576579618783903"},"content":"will you buy in？","text":"will you buy in？","html":"will you buy in？"}],"imageCount":0,"langContent":"EN","totalScore":0},{"id":379890042,"gmtCreate":1618712355686,"gmtModify":1704714212790,"author":{"id":"3577343858256661","authorId":"3577343858256661","name":"kenp","avatar":"https://static.tigerbbs.com/658bc030049b2996b0e2f267da086675","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3577343858256661","idStr":"3577343858256661"},"themes":[],"htmlText":"Good to hear&nbsp;","listText":"Good to hear&nbsp;","text":"Good to hear","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":6,"repostSize":0,"link":"https://ttm.financial/post/379890042","repostId":"1198410511","repostType":4,"repost":{"id":"1198410511","kind":"news","pubTimestamp":1618831731,"share":"https://ttm.financial/m/news/1198410511?lang=en_US&edition=fundamental","pubTime":"2021-04-19 19:28","market":"us","language":"zh","title":"Preview of Apple's spring conference: What new products will be held at this \"Technology Spring Festival Gala\"","url":"https://stock-news.laohu8.com/highlight/detail?id=1198410511","media":"CSDN","summary":"苹果春季发布会定档 北京时间4月21日凌晨1点。","content":"<p>Spring is a good season, annual<a href=\"https://laohu8.com/S/AAPL\">Apple</a>The spring conference is coming in spring. Not long ago, Apple officially announced that the conference would be scheduled for 1 a.m. on April 21. On the eve of the conference, we might as well learn about a wave of new products that will appear at this conference in advance through domestic and foreign revelators.</p><p><img src=\"https://static.tigerbbs.com/1a0fece4554a9679bf8d9057401f3db0\" tg-width=\"1080\" tg-height=\"551\" referrerpolicy=\"no-referrer\"></p><p><img src=\"https://static.tigerbbs.com/00ed238724a9e65ebdd76ef29f452a26\" tg-width=\"107\" tg-height=\"38\" referrerpolicy=\"no-referrer\"></p><p><b>The new iPad Pro may be equipped with A14X and Mini LED, and the overall price will rise</b></p><p>If this conference is bound to release a new product, then the new iPad will definitely not be absent. Looking back at past Apple spring conferences, iPad is almost the protagonist without exception, and I believe this year will be the same.</p><p>It is reported that in terms of design, the iPad Pro will not change much this year, still using 11-inch and 12.9-inch models.</p><p>In terms of performance, in fact, as early as last year, Apple used the A14 chip in the iPhone 12 series, and the A14 used a 5nm chip process, and adopted a 6-core CPU design, a 4-core GPU, and a 16-core NPU. Shortly after the launch of the iPhone 12 chip, the fourth-generation iPad Air also featured this chip. Up to now, A14 can also be called Apple's most powerful chip to date.</p><p>At the upcoming press conference, if the new iPad Pro wants to surpass the past, it will inevitably bring an upgraded version of the chip. According to foreign media 9to5Mac, the application of the A14X chip was found in the source code of iOS 14.5 Beta. Based on this, it is not difficult to guess that the new iPad Pro will be equipped with a new processor, or named A14X. It is reported that the performance of this processor is equal to that of the M1 chip installed on Mac in the second half of last year.</p><p>In addition, the 12.9-inch iPad Pro is expected to be equipped with a new display Mini LED. In this regard, Apple analyst Ming-chi Kuo said that the 12.9-inch iPad Pro using Mini LED will begin mass production in mid-to-late April 2021. At present, Mini LED has been successfully launched in high-end 4K TVs. If this display is used in iPad Pro, it will undoubtedly achieve higher contrast, brightness, color and other performance improvements.</p><p>Unfortunately, according to foreign media \"Nikkei Asia\", due to the global chip shortage, the delivery of some important components in iPad and MacBook has been delayed, and the release of new products may also be delayed.</p><p>However, the latest news says that Apple supplier Ennostar has greatly increased the yield of mini-LED chips and is expected to expand its iPad Pro production from later this month.</p><p>In addition, Apple will also enhance the camera of the iPad Pro. At the same time, according to foreign tipster Mr ` White, its accessory Apple Pencil will also be newly upgraded, and the new Apple Pencil has a smoother surface and a longer nib. In fact, through the invitation letter of this conference, many netizens speculated that it was drawn through Apple Pencil.</p><p><img src=\"https://static.tigerbbs.com/8803141b517340abf7055a8737544f53\" tg-width=\"600\" tg-height=\"749\" referrerpolicy=\"no-referrer\"></p><p>As for the pricing of the new iPad Pro, although no news has been revealed at present, it is not difficult to imagine that the price of the iPad Pro will increase this year. There are two reasons. First, the new iPad Pro can support 5G networks; Second, the product is expected to be equipped with more powerful A14X chips and Mini LED displays. However, the current global chip shortage problem is difficult to solve in the short term, so the increase in hardware costs is also expected.</p><p><b>The newly upgraded iPad mini</b></p><p>If it is said that in 2019, the iPad mini is full of sincerity to be equipped with the A12 processor, then the iPad mini released again at Apple's spring conference in 2021 will be absolutely perfunctory for users if it continues to use this chip.</p><p>Therefore, if this conference brings a new iPad mini, it is estimated that the \"new\" should focus on upgrading its processor. Some people speculate that it is very likely to be equipped with A14 bionic chip.</p><p>But relatively speaking, the design of iPad mini products has not been so attractive all along, and the huge frame has caused many users to complain that its screen-to-body ratio is too low. Many users also said that if it is updated, they hope that Apple can increase the screen size without changing the actual size of the device.</p><p>In this regard, according to foreign media reports, the new iPad mini may adopt a full-screen solution, and the frame has also been improved, from the original arc design to a right-angle trimming design.</p><p><img src=\"https://static.tigerbbs.com/9c8edef74e050bcd251dccdc4c475ce3\" tg-width=\"109\" tg-height=\"40\" referrerpolicy=\"no-referrer\"></p><p><b>Will the MacBook equipped with Apple's self-developed chip appear this time?</b></p><p>At WWDC 2020, Apple announced that it would gradually transform Mac computers from<a href=\"https://laohu8.com/S/INTC\">Intel</a>The x86 processor platform was migrated to the ARM64 architecture Apple Silicon platform.</p><p>In the second half of last year, Apple also changed its usual routine and held three press conferences in three months. During this period, it also updated the configurations of MacBook Air, MacBook Pro, and Mac mini computers. In order to speed up the initially set transition goals, it is expected that Apple will still have the latest actions in the future.</p><p>According to foreign media reports, Apple plans to launch higher-end MacBook Pro and the latest iMac this year, and Mac Pro desktops are expected to use Apple Silicon chips in 2022.</p><p>In addition, the MacBook Pro is expected to upgrade its 13-inch look to 14-inch, along with a 16-inch design. At the same time, in addition to the 12.9-inch iPad Pro mentioned above, which will be equipped with a Mini LED display, it is reported that the new MacBook Pro will also abandon the long-used LCD screen and use Mini LED instead. The choice was made because the application of Mini LED also helps to improve battery performance.</p><p>The new MacBook Pro will also use the M2, the next version of the M1, or the M1X chip as it is called. It is reported that the new Apple Silicon chip will have 12 cores, including 8 performance cores and 4 high-efficiency cores.</p><p>However, many whistleblowers said that MacBook Pro and Air are expected to be launched in the second half of the year, so if you see a Mac at this spring conference, it may be a new iMac.</p><p>It is reported that Apple is developing a newly designed iMac, which has more screen space, different body shapes, and brings Apple Sillicon upgrades and other improved features. It is expected that Apple may adopt a similar approach to last year, starting with low-end iMac upgrades, and then gradually launching high-end models equipped with M1X.</p><p>It is worth mentioning that not long ago, Apple just announced that it would stop producing iMac Pro products, which can also be understood from the side as making way for the new version of iMac.</p><p><img src=\"https://static.tigerbbs.com/063945dbbd12be21c1cadd573cb82e8b\" tg-width=\"111\" tg-height=\"38\" referrerpolicy=\"no-referrer\"></p><p><b>Innovation, HomePod with screen coming soon?</b></p><p>At the 2017 autumn conference, Apple released its first HomePod product. However, what I never expected was that only four years later, it ushered in the fate of \"while supplies last\". Last month, Apple officially announced the suspension of production<a href=\"https://laohu8.com/S/5RE.SI\">smart</a>Speaker product HomePod, officials stated that the company will continue to produce and focus on the HomePod mini launched last year.</p><p>Looking back at the birth and demise of HomePod, as a product that Apple took 5 years to develop, it has a built-in A8 processor, is equipped with 6 microphone arrays, a 4-inch subwoofer, and 7 speaker arrays at the bottom. Among similar products, In terms of sound quality, it can be said that it surpasses other smart speakers on the market. However, the final initial price of US $349 discouraged many people. At the same time, due to factors such as lack of support from the third-party ecosystem and lack of intelligence, Apple eventually missed the market.</p><p>Now, according to Bloomberg News, Apple is developing two new HomePod products, citing people familiar with Apple's plans as describing the HomePod as being related to the \"screen\".</p><p>One is called HomePod TV, which can run tvOS through this product and output high-definition images to Apple TV. The other is an iPad-sized screen built into the HomePod through the structure of a robotic arm.</p><p>In fact, Apple has previously explored connecting an iPad-like screen to a robotic arm that can track users and always follow them as they move in their space. This product will also feature a microphone and camera to enable video conferencing.</p><p><img src=\"https://static.tigerbbs.com/466bee4cc81b16871ed0275d4d0a5964\" tg-width=\"109\" tg-height=\"39\" referrerpolicy=\"no-referrer\"></p><p><b>Can the concept-level product AirTag become a reality this time?</b></p><p>AirTag, as an item tracker, can be hung on some items. When items are lost, they can also be found through iPhone positioning when the network is offline. However, this technology has always lived in legends.</p><p>It was first discovered because in early April, Apple uploaded a video on its YouTube channel instructing users how to use \"Find My iPhone\", showing the trace of AirTag:</p><p>Turning on \"Offline Search\" allows iPhone and AirTags to be found without connecting to Wi-Fi.</p><p><img src=\"https://static.tigerbbs.com/e029f34e065120da60bc25118ae2d182\" tg-width=\"928\" tg-height=\"576\" referrerpolicy=\"no-referrer\"></p><p>Unfortunately, now this video has been deleted. But there are still rumors that the technical foundation implemented by AirTag will rely on the features Apple has recently added to the U1 ultra-wideband chip.</p><p>Meanwhile, Apple announced that the iPhone will soon be able to track lost items using the built-in Find My app. Software is ready, can hardware be far behind?</p><p>Are you looking forward to the above new products?</p>","source":"lsy1578046468581","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>Preview of Apple's spring conference: What new products will be held at this \"Technology Spring Festival Gala\"</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 12.5px; color: #7E829C; margin: 0;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nPreview of Apple's spring conference: What new products will be held at this \"Technology Spring Festival Gala\"\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">CSDN</strong><span class=\"h-time small\">2021-04-19 19:28</span>\n</p>\n</h4>\n</header>\n<article>\n<p>Spring is a good season, annual<a href=\"https://laohu8.com/S/AAPL\">Apple</a>The spring conference is coming in spring. Not long ago, Apple officially announced that the conference would be scheduled for 1 a.m. on April 21. On the eve of the conference, we might as well learn about a wave of new products that will appear at this conference in advance through domestic and foreign revelators.</p><p><img src=\"https://static.tigerbbs.com/1a0fece4554a9679bf8d9057401f3db0\" tg-width=\"1080\" tg-height=\"551\" referrerpolicy=\"no-referrer\"></p><p><img src=\"https://static.tigerbbs.com/00ed238724a9e65ebdd76ef29f452a26\" tg-width=\"107\" tg-height=\"38\" referrerpolicy=\"no-referrer\"></p><p><b>The new iPad Pro may be equipped with A14X and Mini LED, and the overall price will rise</b></p><p>If this conference is bound to release a new product, then the new iPad will definitely not be absent. Looking back at past Apple spring conferences, iPad is almost the protagonist without exception, and I believe this year will be the same.</p><p>It is reported that in terms of design, the iPad Pro will not change much this year, still using 11-inch and 12.9-inch models.</p><p>In terms of performance, in fact, as early as last year, Apple used the A14 chip in the iPhone 12 series, and the A14 used a 5nm chip process, and adopted a 6-core CPU design, a 4-core GPU, and a 16-core NPU. Shortly after the launch of the iPhone 12 chip, the fourth-generation iPad Air also featured this chip. Up to now, A14 can also be called Apple's most powerful chip to date.</p><p>At the upcoming press conference, if the new iPad Pro wants to surpass the past, it will inevitably bring an upgraded version of the chip. According to foreign media 9to5Mac, the application of the A14X chip was found in the source code of iOS 14.5 Beta. Based on this, it is not difficult to guess that the new iPad Pro will be equipped with a new processor, or named A14X. It is reported that the performance of this processor is equal to that of the M1 chip installed on Mac in the second half of last year.</p><p>In addition, the 12.9-inch iPad Pro is expected to be equipped with a new display Mini LED. In this regard, Apple analyst Ming-chi Kuo said that the 12.9-inch iPad Pro using Mini LED will begin mass production in mid-to-late April 2021. At present, Mini LED has been successfully launched in high-end 4K TVs. If this display is used in iPad Pro, it will undoubtedly achieve higher contrast, brightness, color and other performance improvements.</p><p>Unfortunately, according to foreign media \"Nikkei Asia\", due to the global chip shortage, the delivery of some important components in iPad and MacBook has been delayed, and the release of new products may also be delayed.</p><p>However, the latest news says that Apple supplier Ennostar has greatly increased the yield of mini-LED chips and is expected to expand its iPad Pro production from later this month.</p><p>In addition, Apple will also enhance the camera of the iPad Pro. At the same time, according to foreign tipster Mr ` White, its accessory Apple Pencil will also be newly upgraded, and the new Apple Pencil has a smoother surface and a longer nib. In fact, through the invitation letter of this conference, many netizens speculated that it was drawn through Apple Pencil.</p><p><img src=\"https://static.tigerbbs.com/8803141b517340abf7055a8737544f53\" tg-width=\"600\" tg-height=\"749\" referrerpolicy=\"no-referrer\"></p><p>As for the pricing of the new iPad Pro, although no news has been revealed at present, it is not difficult to imagine that the price of the iPad Pro will increase this year. There are two reasons. First, the new iPad Pro can support 5G networks; Second, the product is expected to be equipped with more powerful A14X chips and Mini LED displays. However, the current global chip shortage problem is difficult to solve in the short term, so the increase in hardware costs is also expected.</p><p><b>The newly upgraded iPad mini</b></p><p>If it is said that in 2019, the iPad mini is full of sincerity to be equipped with the A12 processor, then the iPad mini released again at Apple's spring conference in 2021 will be absolutely perfunctory for users if it continues to use this chip.</p><p>Therefore, if this conference brings a new iPad mini, it is estimated that the \"new\" should focus on upgrading its processor. Some people speculate that it is very likely to be equipped with A14 bionic chip.</p><p>But relatively speaking, the design of iPad mini products has not been so attractive all along, and the huge frame has caused many users to complain that its screen-to-body ratio is too low. Many users also said that if it is updated, they hope that Apple can increase the screen size without changing the actual size of the device.</p><p>In this regard, according to foreign media reports, the new iPad mini may adopt a full-screen solution, and the frame has also been improved, from the original arc design to a right-angle trimming design.</p><p><img src=\"https://static.tigerbbs.com/9c8edef74e050bcd251dccdc4c475ce3\" tg-width=\"109\" tg-height=\"40\" referrerpolicy=\"no-referrer\"></p><p><b>Will the MacBook equipped with Apple's self-developed chip appear this time?</b></p><p>At WWDC 2020, Apple announced that it would gradually transform Mac computers from<a href=\"https://laohu8.com/S/INTC\">Intel</a>The x86 processor platform was migrated to the ARM64 architecture Apple Silicon platform.</p><p>In the second half of last year, Apple also changed its usual routine and held three press conferences in three months. During this period, it also updated the configurations of MacBook Air, MacBook Pro, and Mac mini computers. In order to speed up the initially set transition goals, it is expected that Apple will still have the latest actions in the future.</p><p>According to foreign media reports, Apple plans to launch higher-end MacBook Pro and the latest iMac this year, and Mac Pro desktops are expected to use Apple Silicon chips in 2022.</p><p>In addition, the MacBook Pro is expected to upgrade its 13-inch look to 14-inch, along with a 16-inch design. At the same time, in addition to the 12.9-inch iPad Pro mentioned above, which will be equipped with a Mini LED display, it is reported that the new MacBook Pro will also abandon the long-used LCD screen and use Mini LED instead. The choice was made because the application of Mini LED also helps to improve battery performance.</p><p>The new MacBook Pro will also use the M2, the next version of the M1, or the M1X chip as it is called. It is reported that the new Apple Silicon chip will have 12 cores, including 8 performance cores and 4 high-efficiency cores.</p><p>However, many whistleblowers said that MacBook Pro and Air are expected to be launched in the second half of the year, so if you see a Mac at this spring conference, it may be a new iMac.</p><p>It is reported that Apple is developing a newly designed iMac, which has more screen space, different body shapes, and brings Apple Sillicon upgrades and other improved features. It is expected that Apple may adopt a similar approach to last year, starting with low-end iMac upgrades, and then gradually launching high-end models equipped with M1X.</p><p>It is worth mentioning that not long ago, Apple just announced that it would stop producing iMac Pro products, which can also be understood from the side as making way for the new version of iMac.</p><p><img src=\"https://static.tigerbbs.com/063945dbbd12be21c1cadd573cb82e8b\" tg-width=\"111\" tg-height=\"38\" referrerpolicy=\"no-referrer\"></p><p><b>Innovation, HomePod with screen coming soon?</b></p><p>At the 2017 autumn conference, Apple released its first HomePod product. However, what I never expected was that only four years later, it ushered in the fate of \"while supplies last\". Last month, Apple officially announced the suspension of production<a href=\"https://laohu8.com/S/5RE.SI\">smart</a>Speaker product HomePod, officials stated that the company will continue to produce and focus on the HomePod mini launched last year.</p><p>Looking back at the birth and demise of HomePod, as a product that Apple took 5 years to develop, it has a built-in A8 processor, is equipped with 6 microphone arrays, a 4-inch subwoofer, and 7 speaker arrays at the bottom. Among similar products, In terms of sound quality, it can be said that it surpasses other smart speakers on the market. However, the final initial price of US $349 discouraged many people. At the same time, due to factors such as lack of support from the third-party ecosystem and lack of intelligence, Apple eventually missed the market.</p><p>Now, according to Bloomberg News, Apple is developing two new HomePod products, citing people familiar with Apple's plans as describing the HomePod as being related to the \"screen\".</p><p>One is called HomePod TV, which can run tvOS through this product and output high-definition images to Apple TV. The other is an iPad-sized screen built into the HomePod through the structure of a robotic arm.</p><p>In fact, Apple has previously explored connecting an iPad-like screen to a robotic arm that can track users and always follow them as they move in their space. This product will also feature a microphone and camera to enable video conferencing.</p><p><img src=\"https://static.tigerbbs.com/466bee4cc81b16871ed0275d4d0a5964\" tg-width=\"109\" tg-height=\"39\" referrerpolicy=\"no-referrer\"></p><p><b>Can the concept-level product AirTag become a reality this time?</b></p><p>AirTag, as an item tracker, can be hung on some items. When items are lost, they can also be found through iPhone positioning when the network is offline. However, this technology has always lived in legends.</p><p>It was first discovered because in early April, Apple uploaded a video on its YouTube channel instructing users how to use \"Find My iPhone\", showing the trace of AirTag:</p><p>Turning on \"Offline Search\" allows iPhone and AirTags to be found without connecting to Wi-Fi.</p><p><img src=\"https://static.tigerbbs.com/e029f34e065120da60bc25118ae2d182\" tg-width=\"928\" tg-height=\"576\" referrerpolicy=\"no-referrer\"></p><p>Unfortunately, now this video has been deleted. But there are still rumors that the technical foundation implemented by AirTag will rely on the features Apple has recently added to the U1 ultra-wideband chip.</p><p>Meanwhile, Apple announced that the iPhone will soon be able to track lost items using the built-in Find My app. Software is ready, can hardware be far behind?</p><p>Are you looking forward to the above new products?</p>\n<div class=\"bt-text\">\n\n\n<p> source：<a href=\"https://mp.weixin.qq.com/s/KCzeZhdfNzp-wiLRCwnbRw\">CSDN</a></p>\n\n\n</div>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://static.tigerbbs.com/e968cc2fa9a8fe30f2575d1147007bba","relate_stocks":{"AAPL":"苹果"},"source_url":"https://mp.weixin.qq.com/s/KCzeZhdfNzp-wiLRCwnbRw","is_english":false,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1198410511","content_text":"春意盎然好时节，一年一度的苹果春季发布会踏春而来。不久前，苹果官宣将此次发布会定档 4 月 21 日凌晨 1 点，而在召开前夕，我们通过国内外的爆料大神，不妨提前了解一波本次发布会将会出现的新品。新款 iPad Pro 或将搭载 A14X、Mini LED，整体价格将上涨如果说这次发布会必然要发布一款新品，那么新款 iPad 肯定不会缺席。回看过往几届的苹果春季发布会，iPad 无一例外几乎都是主角，相信今年也是如此。有爆料称，在设计上，今年 iPad Pro 不会有太大变动，依然采用的是 11 英寸和 12.9 英寸。在性能方面，事实上，早在去年，苹果在 iPhone 12 系列中使用了 A14 芯片，而 A14 采用了 5nm 芯片工艺，且采用了 6 核 CPU 设计、4 核 GPU、16 核 NPU。在 iPhone 12 芯片推出不久后，第四代 iPad Air 也采用了这款芯片。截止目前，也可以将 A14 称之为是苹果迄今为止功能最为强大的芯片。而在即将到来的发布会上，新款 iPad Pro 想要超越过往，必然也会带来芯片的升级版，据外媒 9to5Mac 报道，在 iOS 14.5 Beta 的源代码中，发现了 A14X芯片的应用。基于此，也不难猜测，新款 iPad Pro 将搭载一种全新处理器，或命名为 A14X ，据悉，该处理器的性能与去年下半年 Mac 上搭载的 M1 芯片性能不分上下。此外，12.9 英寸的 iPad Pro 有望搭载一种新的显示屏 Mini LED。对此，苹果分析师郭明池表示，12.9 英寸使用 Mini LED 的 iPad Pro 将在 2021 年 4 月中下旬开始量产。目前，Mini LED 已经搭载在高端的 4K 电视中成功面市，如果该显示屏应用在 iPad Pro 中，无疑也会实现更高的对比度、亮度、色彩以及其他一些性能提升。遗憾的是，据外媒《Nikkei Asia》报道，因为全球芯片短缺，导致 iPad、MacBook 中一些重要组件延迟交付，也可能会让新品延迟发布。不过，最新消息称，苹果供应商 Ennostar 已经大大地提高了 mini-LED 芯片的良率，有望从本月稍晚些时候扩大其 iPad Pro 的产量。除此之外，苹果也会增强 iPad Pro 的摄像头，同时据国外爆料大神 Mr`White 表示，其配件 Apple Pencil 也会全新升级，且新款 Apple Pencil 具有更光滑的表面以及更长的笔尖。实际上，通过本次发布会的邀请函，就有不少网友猜测，是通过 Apple Pencil 画出来的。至于新款 iPad Pro 的定价，目前虽然没有任何消息透露出来，不过，也不难想象今年的 iPad Pro 价格会有所上涨。原因有二，其一，新款 iPad Pro 可以支持 5G 网络；其二，该产品预期搭载功能更强大的 A14X 芯片、Mini LED 显示屏，然而当前全球芯片短缺问题难以在短期之内解决，因此导致硬件成本上涨也在意料之中。全新升级的 iPad mini如果说 2019 年，iPad mini 搭载 A12 处理器是诚意满满，那么 2021 年苹果春季发布会上再次发布的 iPad mini 继续使用这款芯片那就是绝对的敷衍用户了。因此，如果这次发布会带来新款 iPad mini，那么估计其中的“新”应该重在升级其处理器方面，有人猜测极有可能搭载的是 A14 仿生芯片。但相对而言，一直以来，iPad mini 产品的设计并不是那么吸引人，巨大的边框，让不少用户吐槽其屏占比太低。也有很多用户表示，如果更新，更希望苹果能够在不改变设备实际尺寸的情况下，增加屏幕尺寸才是王道。对此，据外媒报道，新款 iPad mini 或将采用全面屏方案，同时边框也有所改进，将从原来的圆弧设计改为直角切边设计。搭载苹果自研芯片的 MacBook，这次会出现吗？2020 年 WWDC 上，苹果宣布将在两年内将 Mac 电脑逐渐从英特尔的 x86 处理器平台迁移到 ARM64 架构的 Apple Silicon 平台。去年下半年，苹果也一改往常，三个月连开了三场发布会，在此期间，也更新了 MacBook Air、MacBook Pro、Mac mini 三款电脑的配置。为了加快最初设下的过渡目标，预期接下来苹果仍然会有最新的动作。据外媒报道，苹果计划在今年推出更高端的 MacBook Pro 和最新的 iMac，而 Mac Pro 台式机预期将在 2022 年使用上 Apple Silicon 芯片。此外，MacBook Pro 有望将 13 英寸的外观升级为 14 英寸，同时还有一款 16 英寸的设计。同时，除了上文提到 12.9 英寸的 iPad Pro 将搭载 Mini LED 显示屏之外，有消息称，新款 MacBook Pro 也将放弃使用已久的 LCD 屏，改用 Mini LED。之所以做出这样的选择，是因为 Mini LED 的应用也有助于提高电池性能。新款 MacBook Pro 也将采用 M1 的下一版本 M2，又或者被称之为 M1X 芯片。据悉，新款 Apple Silicon 芯片将具有 12 个内核，其中包括 8 个性能内核和 4 个高效内核。不过，很多爆料者表示，MacBook Pro 和 Air 预计下半年推出，因此在这场春季发布会上，如果看到 Mac 的身影，那么可能是一台新的 iMac。据悉，苹果正在开发一种全新设计的 iMac，该产品具有更多的屏幕空间，不同的机身形状，并带来 Apple Sillicon 升级以及其他改进功能。预计苹果可能会采取与去年相似的方式，从低配的 iMac 开始升级，然后逐步推出搭载 M1X 的高端机型。值得一提的是，不久前，苹果刚刚宣布停止生产 iMac Pro 产品，这也从侧面可以理解为为新版 iMac 让道。推陈出新，带屏幕的 HomePod 即将到来？在 2017 年秋季发布会上，苹果发布首款 HomePod 产品，然而万万没想到的是，仅四年之后，其就迎来了“售完即止”的命运。上个月，苹果正式宣布停产智能音箱产品 HomePod，官方表示，公司将持续生产并专注于去年推出的HomePod mini。回看 HomePod 的诞生与消亡，作为一款苹果耗时 5 年研发的产品，其内置 A8 处理器，搭载 6 个麦克风阵列、4 英寸低音炮、底部配有 7 个扬声器阵列，在同类型产品中，在音质方面，可以说超越了市场上其他智能音箱。然而最终初始 349 美元的价格让很多人望而却步，同时因缺乏第三方生态的支持、不够智能等因素，最终还是导致苹果错失市场。如今，据彭博社爆料，苹果公司正在研发两款 HomePod 新品，其中援引熟悉苹果计划的人所描述的 HomePod 与“屏幕”有关。一款被称之为 HomePod TV，可以通过此产品运行 tvOS，且可以向 Apple TV 上输出高清画面。另外一款是在 HomePod 中通过机械臂的结构内置一块 iPad 大小的屏幕。实际上，Apple 此前已经探索过将类似 iPad 的屏幕与机械臂相连，该机械臂可以跟踪用户并在用户所处的空间中移动时始终跟随用户。此产品还将搭载麦克风和摄像头，用以启用视频会议。概念级产品 AirTag，这次能成为现实吗？AirTag，作为一款物品跟踪器，可以悬挂在一些物品上，当物品丢失的时候，及时在网络离线状态下，也可以通过 iPhone 定位找到。不过，一直以来，这种技术都活在了传说中。首次发现其踪迹还是因为 4 月初，苹果在 YouTube 频道上传了一则指导用户如何使用“Find My iPhone”的视频中显示了 AirTag 的踪迹：开启“离线搜索”可以让 iPhone 和 AirTag 在未连接 Wi-Fi 的情况下被找到。遗憾的是，现在这段视频已经被删除。但是仍然有传言称，AirTag 所实现的技术基础将依赖于苹果公司近期在 U1 超宽带芯片上添加的功能。与此同时，苹果宣布，iPhone 不久将能够使用内置的 Find My 应用程序跟踪丢失的物品。软件已经准备就绪，硬件还会远吗？针对以上的新品，你期待吗？","news_type":1,"symbols_score_info":{"AAPL":0.9}},"isVote":1,"tweetType":1,"viewCount":788,"authorTweetTopStatus":1,"verified":2,"comments":[{"author":{"id":"3576579618783903","authorId":"3576579618783903","name":"爱上投资学","avatar":"https://static.tigerbbs.com/3e312fbf8df67faa6e46a19ef6992c34","crmLevel":11,"crmLevelSwitch":1,"authorIdStr":"3576579618783903","idStr":"3576579618783903"},"content":"Crazy sweeping tomorrow?","text":"Crazy sweeping tomorrow?","html":"Crazy sweeping tomorrow?"},{"author":{"id":"3576579618783903","authorId":"3576579618783903","name":"爱上投资学","avatar":"https://static.tigerbbs.com/3e312fbf8df67faa6e46a19ef6992c34","crmLevel":11,"crmLevelSwitch":1,"authorIdStr":"3576579618783903","idStr":"3576579618783903"},"content":"what is your target price？150？","text":"what is your target price？150？","html":"what is your target price？150？"}],"imageCount":0,"langContent":"EN","totalScore":0},{"id":378596762,"gmtCreate":1619049296856,"gmtModify":1704718740628,"author":{"id":"3577343858256661","authorId":"3577343858256661","name":"kenp","avatar":"https://static.tigerbbs.com/658bc030049b2996b0e2f267da086675","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3577343858256661","idStr":"3577343858256661"},"themes":[],"htmlText":"Good&nbsp;","listText":"Good&nbsp;","text":"Good","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":4,"repostSize":0,"link":"https://ttm.financial/post/378596762","repostId":"1131768787","repostType":4,"repost":{"id":"1131768787","kind":"news","weMediaInfo":{"introduction":"为用户提供金融资讯、行情、数据，旨在帮助投资者理解世界，做投资决策。","home_visible":1,"media_name":"老虎资讯综合","id":"102","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"pubTimestamp":1619049115,"share":"https://ttm.financial/m/news/1131768787?lang=en_US&edition=fundamental","pubTime":"2021-04-22 07:51","market":"sh","language":"zh","title":"Last night and this morning: U.S. stocks rebounded and closed up across the board, U.S. oil closed down sharply by 2.1%","url":"https://stock-news.laohu8.com/highlight/detail?id=1131768787","media":"老虎资讯综合","summary":"摘要：美股反弹全线收涨；热门中概股收盘多数走高，新能源汽车股普涨；美油大幅收跌2.1％，创一周多新低；金价收高0.8％，创下两个月新高；美国20年期国债标售畅旺，交易商获配创恢复标售以来最低值；亚马逊","content":"<p><b>Summary:</b></p><p>U.S. stocks rebounded and closed higher across the board; Most popular Chinese concept stocks closed higher, and new energy vehicle stocks generally rose; U.S. oil closed down sharply by 2.1%, hitting a new low in more than a week; Gold prices closed 0.8% higher, hitting a two-month high; The auction of 20-year Treasury Bond in the United States is booming, and traders are allocated to the lowest value since the auction resumed;<a href=\"https://laohu8.com/S/AMZN\">Amazon</a>Is considering accepting Dogecoin as a payment method. Overseas Market</p><p>1. U.S. stocks closed up across the board after falling for two consecutive days: the Nasdaq rose more than 1%, Netflix's financial report was far worse than expected and fell more than 7%</p><p>U.S. stocks closed higher on Wednesday, with the Dow up more than 300 points. Major stock indexes rebounded after falling for two consecutive days, led by cyclical sectors. The market is still weighing the global epidemic against the latest developments in U.S. stock earnings reports. As of the close, the Nasdaq rose 1.19%, the Dow Jones rose 0.94%, and the S&P 500 rose 0.93%.</p><p>Tech stocks were mixed,<a href=\"https://laohu8.com/S/TSLA\">Tesla</a>Up 3.5%, Netflix fell more than 7%. Chip stocks rose collectively,<a href=\"https://laohu8.com/S/AMD\">AMD</a>Up nearly 3%.</p><p>2. Most popular Chinese concept stocks closed higher on Wednesday, and new energy auto stocks generally rose</p><p>Popular Chinese concept stocks generally rose,<a href=\"https://laohu8.com/S/CAN\">Canaan Technology</a>Up 12.96%, Wuxin Technology rose more than 8%,<a href=\"https://laohu8.com/S/NIO\">Nio</a>Cars rose 5.32%,<a href=\"https://laohu8.com/S/XPEV\">XPeng vehicles</a>Up 4.25%,<a href=\"https://laohu8.com/S/LI\">Li Auto</a>Up 3.24%.</p><p>3. Corporate earnings season continues, European stocks closed higher across the board on Wednesday</p><p>The three major European stock indexes collectively closed higher, with Germany's DAX index rising 0.44% and France's CAC40 index rising 0.74%.<a href=\"https://laohu8.com/S/VUKE.UK\">UK FTSE 100</a>The index rose 52%.</p><p>4. U.S. oil closed down sharply by 2.1%, hitting a new low in more than a week!</p><p>Traders worry that the spread of the epidemic in Asia will hurt energy demand. Official U.S. data showed that crude oil inventories unexpectedly rose last week, and U.S. and Burundi oil prices continued the previous day's decline, both closing at their lowest levels in more than a week. In the end, WTI June crude oil futures closed down $1.32, or 2.10%, at $61.35 per barrel. Brent crude oil futures for June closed down $1.73, or 2.58%, at $65.32 a barrel.</p><p>5. The price of gold closed up 0.8%, recording the second consecutive rise! Hits a new two-month high, approaching the $1,800 mark</p><p>Gold and silver fluctuated higher on Wednesday, spurred by news that infections of the more contagious Novel Coronavirus variant are increasing. COMEX June gold futures closed up 0.8% at $1,793.10 an ounce.</p><p>6. The 20-year Treasury Bond auction in the United States is booming, and traders are allocated to the lowest value since the resumption of auction</p><p>At 01:00 on April 22, the U.S. Treasury Department conducted a 20-year Treasury Bond auction, with a scale of US $24 billion. In terms of allocation ratio, direct buyers, including the Federal Reserve and other U.S. federal government entities, received 20.2% this time, the highest value since the auction of the 20-year Treasury Bond resumed in May last year.</p><p>International macro</p><p>1. Biden announced that the task of vaccinating 200 million doses of COVID-19 vaccine has been completed</p><p>US President Joe Biden said at a press conference that the goal of vaccinating 200 million doses of COVID-19 vaccine has been achieved, and specific data and related reports will be released tomorrow. Biden also said that up to now, more than half of adults in the United States have received at least one dose of vaccine, while 80% of people over 65 years old have received at least one dose of vaccine.</p><p>2. U.S. Treasury Secretary Yellen emphasized that tackling climate change requires private capital participation</p><p>U.S. Treasury Secretary Janet Yellen said that addressing the \"existential threat\" posed by climate change requires not only government spending, but also private capital participation.</p><p>3. The Bank of Canada has significantly reduced the scale of bond purchases and expects that the rate hike time may be advanced</p><p>Faced with a stronger-than-expected economic rebound, the Bank of Canada turned hawkish on Wednesday, saying that it would reduce the scale of asset purchases by a quarter, and it is expected that the rate hike time may be advanced.</p><p>4. Biden calls on companies to provide employees with paid leave for COVID-19 vaccine vaccination</p><p>U.S. President Joe Biden will announce on Wednesday the introduction of tax credits for employers who provide vaccine-related paid leave. The White House has urged more Americans to seek novel coronavirus pneumonia vaccination as vaccination rates have declined slightly in recent days.</p><p>5. Global debt reached a new high of US $281 trillion! Loose monetary policy becomes the biggest risk in the market?</p><p>Jeremy Grantham warned that there can only be one reasonable interpretation of the current situation: \"The long bull market that began in 2009 finally entered a mature stage and turned into an out-and-out epic bubble.\"</p><p>6. International Olympic Committee: Many athletes staying in Tokyo Olympic Village will be vaccinated with COVID-19 vaccine</p><p>On the 21st local time, IOC President Bach said at the press conference that many athletes staying in Tokyo Olympic Village will be vaccinated with COVID-19 vaccine.</p><p>7. The presiding judge of Meng Wanzhou's extradition case ruled to postpone the trial</p><p>On April 21st, local time, Heather Holmes, a judge of the High Court of British Columbia, Canada, ruled on Meng Wanzhou's lawyer's request to postpone the trial, and agreed to postpone the trial until early August. The court will determine the specific schedule on April 28th.</p><p>8. Supply shortages combined with surging demand, U.S. car prices rise to record levels</p><p>U.S. auto prices have risen to record levels and are soaring as chip shortages have bottlenecked production capacity among car companies and market demand has surged after widespread vaccination.</p><p>9、<a href=\"https://laohu8.com/NW/2129805200\" target=\"_blank\">Feng Shui turns! Hit by new SEC accounting rules, the SPAC craze suddenly cools down in April</a></p><p>According to data from SPAC Research, after completing more than 100 new transactions in March, the number of SPAC listings stagnated in April, with a total of only 10 SPAC listings.</p><p>10. IATA raises its loss forecast for the aviation industry, saying the timetable for the reopening of global air travel has been delayed</p><p>The airline industry's main lobby group has widened its loss estimates this year by about a quarter, saying new outbreaks and virus variants have delayed the timetable for the reopening of air travel worldwide.</p><p>11. The United States proposes to lift sanctions on Iran and make progress in negotiations on the nuclear agreement</p><p>U.S. President Joe Biden's administration has expressed its willingness to ease restrictions on Iran's oil, finance and other industries, but Iran wants to see more concrete measures that will help narrow differences in negotiations, according to people familiar with the matter.</p><p>Company News</p><p>1、<a href=\"https://laohu8.com/NW/2129808987\" target=\"_blank\">Tesla's legal department has undergone another high-level change! Legal VP Prescott Announces Departure</a></p><p>Longtime Tesla vice president of law and acting general counsel Al Prescott has left the electric vehicle and renewable energy company to join lidar startup Luminar.</p><p>2、<a href=\"https://laohu8.com/NW/2129805576\" target=\"_blank\">Tesla's financial report is just around the corner: accidents occur frequently and the autonomous driving system is under investigation. Can the performance dispel doubts?</a></p><p>Tesla is scheduled to announce its first-quarter 2021 financial report after the stock market closes next Monday Eastern Time (early next Tuesday morning Beijing time), and the company is now facing a situation that its advanced driver assistance system Autopilot is shrouded in clouds.</p><p>3、<a href=\"https://laohu8.com/NW/2129036028\" target=\"_blank\">The third largest software industry IPO in the U.S. stock market: RPA company Uipath landed on the New York Stock Exchange and rose 23% on the first day of IPO</a></p><p><a href=\"https://laohu8.com/S/300024\">Robot</a>Process automation (RPA) startup Uipath (stock code PATH) officially landed on the New York Stock Exchange on Wednesday. It opened about 17% higher on the first day of its IPO, with its stock price at $65.50, which once rose above $70 during the session. As of the close, the company's stock price was at US $69, an increase of 23.21%, with a market value of US $35.8 billion.</p><p>4、<a href=\"https://laohu8.com/NW/1103447697\" target=\"_blank\">Amazon is considering accepting Dogecoin as a payment method</a></p><p>On the evening of April 21, it was reported that Amazon is considering accepting Dogecoin as a payment method.</p><p>5、<a href=\"https://laohu8.com/NW/2129877113\" target=\"_blank\">SpaceX will carry out Crew-2 mission tomorrow and send 4 astronauts to the space station</a></p><p>On the evening of April 21, Beijing time, it was reported that space exploration technology company SpaceX will carry out the \"Crew-2\" mission tomorrow and send four astronauts to the International Space Station (<a href=\"https://laohu8.com/S/ISFFF\">ISS</a>）。</p><p>6、<a href=\"https://laohu8.com/NW/1159480880\" target=\"_blank\">Credit Suisse accumulates more than $20 billion in ARCHEGOS-related exposure</a></p><p>Sources said,<a href=\"https://laohu8.com/S/CS\">Credit Suisse</a>Having accumulated more than $20 billion in investment exposure related to ARCHEGOS, Credit Suisse's CEO and chief risk officer learned of the company's exposure days before the company's margin call. Credit Suisse struggles to monitor its exposure to ARCHEGOS until the fund closes its position.</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>Last night and this morning: U.S. stocks rebounded and closed up across the board, U.S. oil closed down sharply by 2.1%</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 12.5px; color: #7E829C; margin: 0;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nLast night and this morning: U.S. stocks rebounded and closed up across the board, U.S. oil closed down sharply by 2.1%\n</h2>\n<h4 class=\"meta\">\n<a class=\"head\" href=\"https://laohu8.com/wemedia/102\">\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\">老虎资讯综合 </p>\n<p class=\"h-time smaller\">2021-04-22 07:51</p>\n</div>\n</a>\n</h4>\n</header>\n<article>\n<p><b>Summary:</b></p><p>U.S. stocks rebounded and closed higher across the board; Most popular Chinese concept stocks closed higher, and new energy vehicle stocks generally rose; U.S. oil closed down sharply by 2.1%, hitting a new low in more than a week; Gold prices closed 0.8% higher, hitting a two-month high; The auction of 20-year Treasury Bond in the United States is booming, and traders are allocated to the lowest value since the auction resumed;<a href=\"https://laohu8.com/S/AMZN\">Amazon</a>Is considering accepting Dogecoin as a payment method. Overseas Market</p><p>1. U.S. stocks closed up across the board after falling for two consecutive days: the Nasdaq rose more than 1%, Netflix's financial report was far worse than expected and fell more than 7%</p><p>U.S. stocks closed higher on Wednesday, with the Dow up more than 300 points. Major stock indexes rebounded after falling for two consecutive days, led by cyclical sectors. The market is still weighing the global epidemic against the latest developments in U.S. stock earnings reports. As of the close, the Nasdaq rose 1.19%, the Dow Jones rose 0.94%, and the S&P 500 rose 0.93%.</p><p>Tech stocks were mixed,<a href=\"https://laohu8.com/S/TSLA\">Tesla</a>Up 3.5%, Netflix fell more than 7%. Chip stocks rose collectively,<a href=\"https://laohu8.com/S/AMD\">AMD</a>Up nearly 3%.</p><p>2. Most popular Chinese concept stocks closed higher on Wednesday, and new energy auto stocks generally rose</p><p>Popular Chinese concept stocks generally rose,<a href=\"https://laohu8.com/S/CAN\">Canaan Technology</a>Up 12.96%, Wuxin Technology rose more than 8%,<a href=\"https://laohu8.com/S/NIO\">Nio</a>Cars rose 5.32%,<a href=\"https://laohu8.com/S/XPEV\">XPeng vehicles</a>Up 4.25%,<a href=\"https://laohu8.com/S/LI\">Li Auto</a>Up 3.24%.</p><p>3. Corporate earnings season continues, European stocks closed higher across the board on Wednesday</p><p>The three major European stock indexes collectively closed higher, with Germany's DAX index rising 0.44% and France's CAC40 index rising 0.74%.<a href=\"https://laohu8.com/S/VUKE.UK\">UK FTSE 100</a>The index rose 52%.</p><p>4. U.S. oil closed down sharply by 2.1%, hitting a new low in more than a week!</p><p>Traders worry that the spread of the epidemic in Asia will hurt energy demand. Official U.S. data showed that crude oil inventories unexpectedly rose last week, and U.S. and Burundi oil prices continued the previous day's decline, both closing at their lowest levels in more than a week. In the end, WTI June crude oil futures closed down $1.32, or 2.10%, at $61.35 per barrel. Brent crude oil futures for June closed down $1.73, or 2.58%, at $65.32 a barrel.</p><p>5. The price of gold closed up 0.8%, recording the second consecutive rise! Hits a new two-month high, approaching the $1,800 mark</p><p>Gold and silver fluctuated higher on Wednesday, spurred by news that infections of the more contagious Novel Coronavirus variant are increasing. COMEX June gold futures closed up 0.8% at $1,793.10 an ounce.</p><p>6. The 20-year Treasury Bond auction in the United States is booming, and traders are allocated to the lowest value since the resumption of auction</p><p>At 01:00 on April 22, the U.S. Treasury Department conducted a 20-year Treasury Bond auction, with a scale of US $24 billion. In terms of allocation ratio, direct buyers, including the Federal Reserve and other U.S. federal government entities, received 20.2% this time, the highest value since the auction of the 20-year Treasury Bond resumed in May last year.</p><p>International macro</p><p>1. Biden announced that the task of vaccinating 200 million doses of COVID-19 vaccine has been completed</p><p>US President Joe Biden said at a press conference that the goal of vaccinating 200 million doses of COVID-19 vaccine has been achieved, and specific data and related reports will be released tomorrow. Biden also said that up to now, more than half of adults in the United States have received at least one dose of vaccine, while 80% of people over 65 years old have received at least one dose of vaccine.</p><p>2. U.S. Treasury Secretary Yellen emphasized that tackling climate change requires private capital participation</p><p>U.S. Treasury Secretary Janet Yellen said that addressing the \"existential threat\" posed by climate change requires not only government spending, but also private capital participation.</p><p>3. The Bank of Canada has significantly reduced the scale of bond purchases and expects that the rate hike time may be advanced</p><p>Faced with a stronger-than-expected economic rebound, the Bank of Canada turned hawkish on Wednesday, saying that it would reduce the scale of asset purchases by a quarter, and it is expected that the rate hike time may be advanced.</p><p>4. Biden calls on companies to provide employees with paid leave for COVID-19 vaccine vaccination</p><p>U.S. President Joe Biden will announce on Wednesday the introduction of tax credits for employers who provide vaccine-related paid leave. The White House has urged more Americans to seek novel coronavirus pneumonia vaccination as vaccination rates have declined slightly in recent days.</p><p>5. Global debt reached a new high of US $281 trillion! Loose monetary policy becomes the biggest risk in the market?</p><p>Jeremy Grantham warned that there can only be one reasonable interpretation of the current situation: \"The long bull market that began in 2009 finally entered a mature stage and turned into an out-and-out epic bubble.\"</p><p>6. International Olympic Committee: Many athletes staying in Tokyo Olympic Village will be vaccinated with COVID-19 vaccine</p><p>On the 21st local time, IOC President Bach said at the press conference that many athletes staying in Tokyo Olympic Village will be vaccinated with COVID-19 vaccine.</p><p>7. The presiding judge of Meng Wanzhou's extradition case ruled to postpone the trial</p><p>On April 21st, local time, Heather Holmes, a judge of the High Court of British Columbia, Canada, ruled on Meng Wanzhou's lawyer's request to postpone the trial, and agreed to postpone the trial until early August. The court will determine the specific schedule on April 28th.</p><p>8. Supply shortages combined with surging demand, U.S. car prices rise to record levels</p><p>U.S. auto prices have risen to record levels and are soaring as chip shortages have bottlenecked production capacity among car companies and market demand has surged after widespread vaccination.</p><p>9、<a href=\"https://laohu8.com/NW/2129805200\" target=\"_blank\">Feng Shui turns! Hit by new SEC accounting rules, the SPAC craze suddenly cools down in April</a></p><p>According to data from SPAC Research, after completing more than 100 new transactions in March, the number of SPAC listings stagnated in April, with a total of only 10 SPAC listings.</p><p>10. IATA raises its loss forecast for the aviation industry, saying the timetable for the reopening of global air travel has been delayed</p><p>The airline industry's main lobby group has widened its loss estimates this year by about a quarter, saying new outbreaks and virus variants have delayed the timetable for the reopening of air travel worldwide.</p><p>11. The United States proposes to lift sanctions on Iran and make progress in negotiations on the nuclear agreement</p><p>U.S. President Joe Biden's administration has expressed its willingness to ease restrictions on Iran's oil, finance and other industries, but Iran wants to see more concrete measures that will help narrow differences in negotiations, according to people familiar with the matter.</p><p>Company News</p><p>1、<a href=\"https://laohu8.com/NW/2129808987\" target=\"_blank\">Tesla's legal department has undergone another high-level change! Legal VP Prescott Announces Departure</a></p><p>Longtime Tesla vice president of law and acting general counsel Al Prescott has left the electric vehicle and renewable energy company to join lidar startup Luminar.</p><p>2、<a href=\"https://laohu8.com/NW/2129805576\" target=\"_blank\">Tesla's financial report is just around the corner: accidents occur frequently and the autonomous driving system is under investigation. Can the performance dispel doubts?</a></p><p>Tesla is scheduled to announce its first-quarter 2021 financial report after the stock market closes next Monday Eastern Time (early next Tuesday morning Beijing time), and the company is now facing a situation that its advanced driver assistance system Autopilot is shrouded in clouds.</p><p>3、<a href=\"https://laohu8.com/NW/2129036028\" target=\"_blank\">The third largest software industry IPO in the U.S. stock market: RPA company Uipath landed on the New York Stock Exchange and rose 23% on the first day of IPO</a></p><p><a href=\"https://laohu8.com/S/300024\">Robot</a>Process automation (RPA) startup Uipath (stock code PATH) officially landed on the New York Stock Exchange on Wednesday. It opened about 17% higher on the first day of its IPO, with its stock price at $65.50, which once rose above $70 during the session. As of the close, the company's stock price was at US $69, an increase of 23.21%, with a market value of US $35.8 billion.</p><p>4、<a href=\"https://laohu8.com/NW/1103447697\" target=\"_blank\">Amazon is considering accepting Dogecoin as a payment method</a></p><p>On the evening of April 21, it was reported that Amazon is considering accepting Dogecoin as a payment method.</p><p>5、<a href=\"https://laohu8.com/NW/2129877113\" target=\"_blank\">SpaceX will carry out Crew-2 mission tomorrow and send 4 astronauts to the space station</a></p><p>On the evening of April 21, Beijing time, it was reported that space exploration technology company SpaceX will carry out the \"Crew-2\" mission tomorrow and send four astronauts to the International Space Station (<a href=\"https://laohu8.com/S/ISFFF\">ISS</a>）。</p><p>6、<a href=\"https://laohu8.com/NW/1159480880\" target=\"_blank\">Credit Suisse accumulates more than $20 billion in ARCHEGOS-related exposure</a></p><p>Sources said,<a href=\"https://laohu8.com/S/CS\">Credit Suisse</a>Having accumulated more than $20 billion in investment exposure related to ARCHEGOS, Credit Suisse's CEO and chief risk officer learned of the company's exposure days before the company's margin call. Credit Suisse struggles to monitor its exposure to ARCHEGOS until the fund closes its position.</p>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://static.tigerbbs.com/b23574aac95526c9e5c62ebc8dd25130","relate_stocks":{"USO":"美国原油ETF","SCO":"二倍做空彭博原油指数ETF","UCO":"二倍做多彭博原油ETF","DUG":"二倍做空石油与天然气ETF(ProShares)","DDG":"ProShares做空石油与天然气ETF","DWT":"三倍做空原油ETN"},"is_english":false,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1131768787","content_text":"摘要：美股反弹全线收涨；热门中概股收盘多数走高，新能源汽车股普涨；美油大幅收跌2.1％，创一周多新低；金价收高0.8％，创下两个月新高；美国20年期国债标售畅旺，交易商获配创恢复标售以来最低值；亚马逊正考虑接受狗狗币作为支付方式。海外市场1、美股连跌两日后全线收涨：纳指涨超1% 奈飞财报远逊预期跌逾7％美股周三收高，道指涨逾300点。主要股指连续两日下跌之后反弹，周期性板块领涨。市场仍在权衡全球疫情与美股财报的最新进展。截至收盘，纳斯达克指数涨1.19%，道琼斯指数涨0.94%，标普500指数涨0.93%。科技股涨跌不一，特斯拉涨3.5%，奈飞跌超7%。芯片股集体上涨，AMD涨近3%。2、热门中概股周三收盘多数走高 新能源汽车股普涨热门中概股普涨，嘉楠科技涨12.96%，雾芯科技涨超8%，蔚来汽车涨5.32%，小鹏汽车涨4.25%，理想汽车涨3.24%。3、企业财报季仍在持续 欧股周三全线收高欧洲三大股指集体收涨，德国DAX指数涨0.44%，法国CAC40指数涨0.74%，英国富时100指数涨52%。4、美油大幅收跌2.1％，创一周多新低！交易商担心亚洲疫情蔓延将伤及能源需求。美国官方数据显示上周原油库存意外攀升，美布两油延续前一日的跌势，双双收于一周多来的最低水平。最终，WTI6月原油期货收跌1.32美元，跌幅2.10%，报61.35美元/桶。布伦特6月原油期货收跌1.73美元，跌幅2.58%，报65.32美元/桶。5、金价收高0.8％，录得二连涨！创下两个月新高，逼近1800美元关口受传染性更强的新冠病毒变种感染病例正在增加等消息刺激，周三金银震荡走高。COMEX6月黄金期货收涨0.8%，报1793.10美元/盎司。6、美国20年期国债标售畅旺 交易商获配创恢复标售以来最低值4月22日01：00，美国财政部进行了20年期国债标售，本次标售规模为240亿美元。获配比例方面，美联储和其他美国联邦政府实体在内的直接购买人本次获得了20.2%，创下去年5月恢复标售20年期国债以来的最高值。国际宏观1、拜登宣布接种2亿剂新冠疫苗的任务已经完成美国总统拜登在一场新闻发布会上表示，接种2亿剂新冠疫苗的目标已经达成，具体数据和相关报告将在明天发布。拜登还表示，截至目前全美超过半数成年人接种了至少一剂疫苗，同时，65岁以上老人中有80%接种了至少一剂疫苗。2、美国财长耶伦强调应对气候变化需要民间资本参与美国财政部长珍妮特·耶伦称，应对气候变化带来的“生存威胁”不仅需要政府支出，还需要民间资本参与。3、加拿大央行大幅削减购债规模 并预计加息时间可能提前面对强于预期的经济反弹势头，加拿大央行周三立场转向鹰派，称将把资产购买规模缩减四分之一，预期加息时间可能提前。4、拜登呼吁企业向员工提供带薪假用于新冠疫苗接种美国总统拜登周三将宣布，对提供疫苗相关带薪休假的雇主实行税收抵免。白宫敦促更多美国人寻求新冠肺炎疫苗接种，因最近几天疫苗接种率略有下降。5、全球债务达281万亿美元创新高！宽松货币政策成市场最大风险？格兰瑟姆（Jeremy Grantham）警告说，对当下的局面只能做出一种合理解读：“开始于2009年的漫长牛市最终进入成熟期，变身为彻头彻尾的，史诗级别的泡沫。”6、国际奥委会：入住东京奥运村的许多运动员将接种新冠疫苗当地时间21日，国际奥委会主席巴赫在发布会上表示，入住东京奥运村的许多运动员都将接种新冠疫苗。7、孟晚舟引渡案主审法官裁决延期审理当地时间4月21日，加拿大不列颠哥伦比亚省高等法院法官希瑟·霍尔姆斯（Heather Holmes）就孟晚舟的律师提出延期审理的请求作出裁决，同意延期到8月初审理。法庭将于4月28日确定具体的排期。8、供应短缺叠加需求暴增 美国汽车价格升至创纪录水平由于芯片短缺导致车企产能出现瓶颈，以及疫苗广泛接种后市场需求大幅提升，美国汽汽车价格升至创纪录水平，而且还在飙升。9、风水轮流转！受SEC会计新规打击，SPAC热潮进入四月突然降温根据SPAC Research的数据，在3月份完成100多宗新交易之后，4月份的SPAC上市数量却停滞不前，一共只产生了10起SPAC上市案。10、IATA上调航空业亏损预期 称全球航空旅行重新开放的时间表推迟航空业的主要游说团体将今年的亏损估计数字扩大了大约四分之一，称新的疫情爆发和病毒变种已经导致全球航空旅行重新开放的时间表推迟。11、美国提出解除制裁 伊朗核协议谈判取得进展据知情人士透露，美国总统拜登的政府表示愿意放松针对伊朗石油、金融和其他行业的限制措施，但伊朗方面希望看到更加具体的举措，这将有助于缩小谈判分歧。公司新闻1、特斯拉法务部门再次发生高层变动！法律副总裁普雷斯科特宣布离职长期担任特斯拉法律副总裁兼代理总法律顾问的阿尔·普雷斯科特已经离开这家电动汽车和可再生能源公司，加入激光雷达初创公司Luminar。2、特斯拉财报在即：事故频发、自动驾驶系统遭调查，业绩能否打消质疑？特斯拉公司定于美国东部时间下周一股市收盘后（北京时间下周二凌晨）公布2021年第一季度财报，而该公司现在面临的形势是，其先进的驾驶员辅助系统Autopilot正笼罩在阴云之中。3、美股第三大软件业IPO：RPA企业Uipath登陆纽交所 IPO首日大涨23%机器人过程自动化（RPA）初创公司Uipath（股票代码PATH）周三正式登陆纽交所，IPO首日高开约17%，股价报65.50美元，盘中一度涨破70美元。截至收盘，该公司股价报69美元，涨幅23.21%，市值358亿美元。4、亚马逊正考虑接受狗狗币作为支付方式4月21日晚间消息，据报道，亚马逊正考虑接受狗狗币作为支付方式。5、SpaceX明日执行Crew-2任务 把4名宇航员送入空间站北京时间4月21日晚间消息，据报道，太空探索技术公司SpaceX将于明日执行“Crew-2”任务，把四名宇航员送入国际空间站（ISS）。6、瑞信积累了超过200亿美元与ARCHEGOS相关的风险敞口消息人士称，瑞士信贷积累了超过200亿美元与ARCHEGOS相关的投资风险敞口，瑞信首席执行官和首席风险官在该公司追加保证金通知前几天就得知了该公司的风险敞口。在该基金平仓之前，瑞信难以监控其对ARCHEGOS的敞口。","news_type":1,"symbols_score_info":{"DDG":0.9,"DWT":0.9,"CLmain":0.9,"DUG":0.9,"QMmain":0.9,"SCO":0.9,"USO":0.9,"DWTIF":0.9,"UCO":0.9,"BZmain":0.9,"UWTIF":0.9}},"isVote":1,"tweetType":1,"viewCount":659,"authorTweetTopStatus":1,"verified":2,"comments":[{"author":{"id":"3576579618783903","authorId":"3576579618783903","name":"爱上投资学","avatar":"https://static.tigerbbs.com/3e312fbf8df67faa6e46a19ef6992c34","crmLevel":11,"crmLevelSwitch":1,"authorIdStr":"3576579618783903","idStr":"3576579618783903"},"content":"Bitcoin mining is often condemned as a waste of energy, but ARK Investment Management of Cathie Wood, a wooden sister, said that Bitcoin mining may actually be beneficial to the earth. According to an article by Brett Winton, research director of ARK, and co-authors Yassine Elmandjra and Sam Korus, cryptocurrency mining can promote investment in solar energy and provide more renewable energy for the power grid.","text":"Bitcoin mining is often condemned as a waste of energy, but ARK Investment Management of Cathie Wood, a wooden sister, said that Bitcoin mining may actually be beneficial to the earth. According to an article by Brett Winton, research director of ARK, and co-authors Yassine Elmandjra and Sam Korus, cryptocurrency mining can promote investment in solar energy and provide more renewable energy for the power grid.","html":"Bitcoin mining is often condemned as a waste of energy, but ARK Investment Management of Cathie Wood, a wooden sister, said that Bitcoin mining may actually be beneficial to the earth. According to an article by Brett Winton, research director of ARK, and co-authors Yassine Elmandjra and Sam Korus, cryptocurrency mining can promote investment in solar energy and provide more renewable energy for the power grid."}],"imageCount":0,"langContent":"EN","totalScore":0},{"id":344893702,"gmtCreate":1618393218206,"gmtModify":1704710112770,"author":{"id":"3577343858256661","authorId":"3577343858256661","name":"kenp","avatar":"https://static.tigerbbs.com/658bc030049b2996b0e2f267da086675","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3577343858256661","idStr":"3577343858256661"},"themes":[],"htmlText":"Good&nbsp;","listText":"Good&nbsp;","text":"Good","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":5,"repostSize":0,"link":"https://ttm.financial/post/344893702","repostId":"1109656106","repostType":4,"repost":{"id":"1109656106","kind":"news","pubTimestamp":1618392563,"share":"https://ttm.financial/m/news/1109656106?lang=en_US&edition=fundamental","pubTime":"2021-04-14 17:29","market":"us","language":"zh","title":"The world's first driverless stock will be listed soon. What are the benchmarking opportunities for A-shares?","url":"https://stock-news.laohu8.com/highlight/detail?id=1109656106","media":"选股宝","summary":"货运成本将下降约40%。","content":"<p>On April 15th, TuSimple, a truck autonomous driving technology unicorn, will be officially listed on Nasdaq in the future, which will also become the world's first stock in the field of autonomous driving.</p><p>It is reported that the IPO price is between US $35 and US $39, with a circulation of approximately 33.78 million shares. The post-listing valuation is expected to reach US $8.5 billion.</p><p>According to the prospectus, TuSimple was established in September 2015, providing commercial L4 autonomous driving solutions based on computer vision, unmanned transportation solutions for high-speed scenarios and container trucks in the port. At present, the company is one of the driverless truck companies with the highest financing amount in the world, and has become a leading enterprise in the autonomous transportation industry.</p><p><b>Freight is the first industry to land unmanned driving</b></p><p>The driverless freight market is the earliest scene in driverless driving. China's main service targets are driverless freight truck services of logistics companies.</p><p>As early as Double 11 in 2018, the L4 driverless truck independently developed by Feibu Technology was launched in Zhejiang to carry out daily operations in a real environment, becoming the first in the industry to successfully implement driverless freight logistics in a real environment. commercial company.</p><p>In February 2019, Feibu Technology stated that it had reached a strategic partnership with China Post EMS and Debon Express to jointly establish a number of L4-level unmanned logistics lines. Three months after its launch, it has entered the stage of normal joint operation</p><p>From the application point of view, driverless freight has the advantages of reducing costs and improving efficiency. McKinsey, a global management consulting firm, predicts that by 2030, after trucks become fully autonomous, operating costs will drop by about 40%, mainly including labor and insurance costs.</p><p>Currently, the U.S. truck freight market stands at $800 billion, with 10% of the routes transporting nearly 80% of the freight. In the traditional truck freight market, labor costs account for 43%, which is 79% higher than the second largest cost, and is the main cost factor.</p><p>In addition, insurance costs will also be reduced. Data show that the number of deaths from truck collisions increased by 40% from 2009 to 2019. Therefore, from 2012 to 2018, semi-truck insurance premiums per mile increased by 33%.</p><p>In addition, problems such as the aging of drivers have led to an increasingly serious shortage of drivers. It is expected that the shortage of drivers will expand by 2.6 times by 2028. At the same time, labor costs already account for 43% of operating costs per mile, which is 79% higher than fuel costs, the second largest segment. Labor shortages have become one of the most important issues in the development of the truck freight industry.</p><p>TuSimple's main U.S. freight market is characterized by 10% of routes accounting for nearly 80% of the freight volume, providing opportunities for the application of autonomous driving technology.</p><p><b>Who is TuSimple in the future?</b></p><p>The company is currently the only company to demonstrate L4 self-driving semi-trailer trucks driving on surface streets and highways, and plans to begin delivering L4 special self-driving trucks in 2024.</p><p>Its operations are located in China, the United States, Japan and Europe. The L4 level means that it can achieve fully unmanned driving under specified driving conditions without human intervention. And the daily running time can exceed 22 hours, while traditional trucking is limited to 11 hours.</p><p>In addition, the company has also established AFN (Unmanned Freight Network). Through point-to-point transportation of unmanned trucks, customers can track the status of goods in real time, which can more efficiently transport goods to customers and reduce the transportation pressure of specific outlets.</p><p>Looking forward to the future, TuSimple's future development plan is not limited to the mature application of L4 level unmanned driving technology to truck freight. The company also wants to realize artificial intelligence-based L4 level unmanned driving.</p><p><b>What are the related concept stocks?</b></p><p><a href=\"https://laohu8.com/S/600166\">Foton Motor</a>: The company cooperated with TuSimple to carry out research on heavy truck parade-following technology, completed the first domestic public demonstration of commercial vehicle parade-following verification organized by the National Automobile Standards Committee, and completed the parade-following demonstration on the Beijing-Li Expressway (Yanchong Section). China's first vehicle-road collaborative autonomous driving parade-following demonstration in actual highway scenarios.</p><p><a href=\"https://laohu8.com/S/002405\">NavInfo</a>: The company has joined hands with partners such as TuSimple to carry out L4 level autonomous driving and queue following tests based on C-V2X vehicle-road collaboration technology in a long tunnel two-way four-lane expressway scenario. This is also China's first highway autonomous driving queue test.</p><p>In addition, among A shares<a href=\"https://laohu8.com/S/002813\">Luchang Technology</a>、<a href=\"https://laohu8.com/S/002284\">Asia Pacific Shares</a>、<a href=\"https://laohu8.com/S/002703\">Zhejiang Shibao</a>The performance of unmanned driving targets is relatively active.</p>","source":"xgb_live","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>The world's first driverless stock will be listed soon. 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What are the benchmarking opportunities for A-shares?\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">选股宝</strong><span class=\"h-time small\">2021-04-14 17:29</span>\n</p>\n</h4>\n</header>\n<article>\n<p>On April 15th, TuSimple, a truck autonomous driving technology unicorn, will be officially listed on Nasdaq in the future, which will also become the world's first stock in the field of autonomous driving.</p><p>It is reported that the IPO price is between US $35 and US $39, with a circulation of approximately 33.78 million shares. The post-listing valuation is expected to reach US $8.5 billion.</p><p>According to the prospectus, TuSimple was established in September 2015, providing commercial L4 autonomous driving solutions based on computer vision, unmanned transportation solutions for high-speed scenarios and container trucks in the port. At present, the company is one of the driverless truck companies with the highest financing amount in the world, and has become a leading enterprise in the autonomous transportation industry.</p><p><b>Freight is the first industry to land unmanned driving</b></p><p>The driverless freight market is the earliest scene in driverless driving. China's main service targets are driverless freight truck services of logistics companies.</p><p>As early as Double 11 in 2018, the L4 driverless truck independently developed by Feibu Technology was launched in Zhejiang to carry out daily operations in a real environment, becoming the first in the industry to successfully implement driverless freight logistics in a real environment. commercial company.</p><p>In February 2019, Feibu Technology stated that it had reached a strategic partnership with China Post EMS and Debon Express to jointly establish a number of L4-level unmanned logistics lines. Three months after its launch, it has entered the stage of normal joint operation</p><p>From the application point of view, driverless freight has the advantages of reducing costs and improving efficiency. McKinsey, a global management consulting firm, predicts that by 2030, after trucks become fully autonomous, operating costs will drop by about 40%, mainly including labor and insurance costs.</p><p>Currently, the U.S. truck freight market stands at $800 billion, with 10% of the routes transporting nearly 80% of the freight. In the traditional truck freight market, labor costs account for 43%, which is 79% higher than the second largest cost, and is the main cost factor.</p><p>In addition, insurance costs will also be reduced. Data show that the number of deaths from truck collisions increased by 40% from 2009 to 2019. Therefore, from 2012 to 2018, semi-truck insurance premiums per mile increased by 33%.</p><p>In addition, problems such as the aging of drivers have led to an increasingly serious shortage of drivers. It is expected that the shortage of drivers will expand by 2.6 times by 2028. At the same time, labor costs already account for 43% of operating costs per mile, which is 79% higher than fuel costs, the second largest segment. Labor shortages have become one of the most important issues in the development of the truck freight industry.</p><p>TuSimple's main U.S. freight market is characterized by 10% of routes accounting for nearly 80% of the freight volume, providing opportunities for the application of autonomous driving technology.</p><p><b>Who is TuSimple in the future?</b></p><p>The company is currently the only company to demonstrate L4 self-driving semi-trailer trucks driving on surface streets and highways, and plans to begin delivering L4 special self-driving trucks in 2024.</p><p>Its operations are located in China, the United States, Japan and Europe. The L4 level means that it can achieve fully unmanned driving under specified driving conditions without human intervention. And the daily running time can exceed 22 hours, while traditional trucking is limited to 11 hours.</p><p>In addition, the company has also established AFN (Unmanned Freight Network). Through point-to-point transportation of unmanned trucks, customers can track the status of goods in real time, which can more efficiently transport goods to customers and reduce the transportation pressure of specific outlets.</p><p>Looking forward to the future, TuSimple's future development plan is not limited to the mature application of L4 level unmanned driving technology to truck freight. The company also wants to realize artificial intelligence-based L4 level unmanned driving.</p><p><b>What are the related concept stocks?</b></p><p><a href=\"https://laohu8.com/S/600166\">Foton Motor</a>: The company cooperated with TuSimple to carry out research on heavy truck parade-following technology, completed the first domestic public demonstration of commercial vehicle parade-following verification organized by the National Automobile Standards Committee, and completed the parade-following demonstration on the Beijing-Li Expressway (Yanchong Section). China's first vehicle-road collaborative autonomous driving parade-following demonstration in actual highway scenarios.</p><p><a href=\"https://laohu8.com/S/002405\">NavInfo</a>: The company has joined hands with partners such as TuSimple to carry out L4 level autonomous driving and queue following tests based on C-V2X vehicle-road collaboration technology in a long tunnel two-way four-lane expressway scenario. This is also China's first highway autonomous driving queue test.</p><p>In addition, among A shares<a href=\"https://laohu8.com/S/002813\">Luchang Technology</a>、<a href=\"https://laohu8.com/S/002284\">Asia Pacific Shares</a>、<a href=\"https://laohu8.com/S/002703\">Zhejiang Shibao</a>The performance of unmanned driving targets is relatively active.</p>\n<div class=\"bt-text\">\n\n\n<p> source：<a href=\"https://wallstreetcn.com/articles/3627750\">选股宝</a></p>\n\n\n</div>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://static.tigerbbs.com/0bbdff3ef5134b818054fcaa24fa2cbf","relate_stocks":{},"source_url":"https://wallstreetcn.com/articles/3627750","is_english":false,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1109656106","content_text":"4月15日，卡车自动驾驶技术独角兽图森未来将正式在纳斯达克挂牌上市，这也将成为自动驾驶领域的全球第一股。\n据悉，本次招股价在35美元~39美元，发行量约3378万股，上市后估值有望达到85亿美元。\n招股书显示，图森未来成立于2015年9月，提供计算机视觉为主的可商用L4级自动驾驶解决方案、高速场景及港内集装箱卡车的无人驾驶运输解决方案。目前，公司是全球融资额最高的无人驾驶卡车公司之一，且已成为自动驾驶运输行业的龙头企业。\n货运是无人驾驶最先落地行业\n无人驾驶货运市场是无人驾驶中最早落地的场景，中国已有主要服务对象为物流公司的无人驾驶货运车服务。\n早在2018年双11期间，由飞步科技自主研发的L4级别无人驾驶货车，在浙江地区上线，展开真实环境下的日常运营，成为行业内率先在真实环境下成功落地无人驾驶货运物流的商用公司。\n2019年2月,飞步科技表示与中国邮政EMS、德邦快递达成战略合作关系，合作共同建立多条L4级别无人驾驶物流线路,，上线3个月后,，已进入常态化联合运营阶段\n从应用上看，无人驾驶货运具有降低成本、提升效率的优势。全球管理咨询公司麦肯锡预测，到2030年，卡车实现完全自动驾驶后，运营成本将下降约40%，主要包含了人力和保险成本两大部分。\n目前，美国卡车货运市场为8000亿美元，其中10%的路线运输了近80%的货物。而在传统的卡车货运市场中，人力成本占比43%，高出第二大成本79%，为主要成本因素。\n此外，保险费用也将得以减少，数据显示，2009-2019年卡车碰撞事故死亡人数上升40%，因此，从2012年至2018年，每英里的半挂卡车保险费增加了33%。\n另外司机群体老龄化等问题，导致司机短缺日益严重，预计到2028年司机短缺情况将扩大2.6倍。同时，劳动力成本已占每英里运营成本的43%，比第二大部分—燃料成本高79%。劳动力短缺已成为卡车货运行业发展的最重要问题之一。\n图森未来主打的美国货运市场10%的路线占据近80%的货运量的特点，为自动驾驶技术应用提供了机会。\n图森未来是谁？\n公司目前是唯一展示L4自动驾驶半挂卡车在地面街道和高速公路上行驶的公司，并计划在2024年开始交付L4特制自主驾驶卡车。\n其业务分布于中国、美国、日本和欧洲。L4级别意味着它可以在规定的驾驶条件下实现全无人驾驶，无需人工干预。且每天运行时间可以超过22小时，而传统卡车运输仅限于11个小时。\n此外，公司还建立了AFN（无人驾驶货运网络），通过无人驾驶卡车点对点的运输，客户实时追踪货物状态，可更高效的将货物运输到客户手上，减轻特定网点的运输压力。\n展望未来，图森未来的发展规划不仅局限于将L4级别无人驾驶技术成熟应用于卡车货运中，公司更多的想实现人工智能化的L4级别无人驾驶。\n相关概念股有哪些？\n福田汽车：公司与图森未来合作开展了重卡列队跟驰技术研究，完成了由全国汽标委组织开展的国内首次商用车列队跟驰验证公开演示，以及完成了在京礼高速（延崇段）完成了国内首次实际高速公路场景下的车路协同自动驾驶列队跟驰演示。\n四维图新：公司携手与图森未来等合作伙伴，在长隧道双向四车道高速路场景下开展了基于C-V2X车路协同技术的L4级自动驾驶和队列跟驰测试，这也是中国首次高速公路自动驾驶队列测试。\n另外A股中路畅科技、亚太股份、浙江世宝等无人驾驶标的表现相对活跃。","news_type":1,"symbols_score_info":{"TSP":0.9}},"isVote":1,"tweetType":1,"viewCount":612,"authorTweetTopStatus":1,"verified":2,"comments":[{"author":{"id":"3576579618783903","authorId":"3576579618783903","name":"爱上投资学","avatar":"https://static.tigerbbs.com/3e312fbf8df67faa6e46a19ef6992c34","crmLevel":11,"crmLevelSwitch":1,"authorIdStr":"3576579618783903","idStr":"3576579618783903"},"content":"reply! reply!。。。","text":"reply! reply!。。。","html":"reply! reply!。。。"}],"imageCount":0,"langContent":"EN","totalScore":0}],"lives":[]}