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huathuatzai

huathuatzai

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2021-04-26

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As long roots deep enough, they can pass this storm.","text":"Big tree swing by fierce wind. As long roots deep enough, they can pass this storm.","html":"Big tree swing by fierce wind. As long roots deep enough, they can pass this storm."}],"imageCount":1,"langContent":"EN","totalScore":0},{"id":111860249,"gmtCreate":1622675588781,"gmtModify":1704188527190,"author":{"id":"3581502238797257","authorId":"3581502238797257","name":"huathuatzai","avatar":"https://static.tigerbbs.com/c0fb165c2be9d89a8dbaf946657871b2","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3581502238797257","idStr":"3581502238797257"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/AMD\">$AMD(AMD)$</a>.........","listText":"<a href=\"https://laohu8.com/S/AMD\">$AMD(AMD)$</a>.........","text":"$AMD(AMD)$.........","images":[{"img":"https://static.tigerbbs.com/1fb72c7fadb83bc5481e0fd59d0863b8","width":"720","height":"1280"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/111860249","isVote":1,"tweetType":1,"viewCount":592,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":132622023,"gmtCreate":1622086510662,"gmtModify":1704179202370,"author":{"id":"3581502238797257","authorId":"3581502238797257","name":"huathuatzai","avatar":"https://static.tigerbbs.com/c0fb165c2be9d89a8dbaf946657871b2","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3581502238797257","idStr":"3581502238797257"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/AMD\">$AMD(AMD)$</a>........","listText":"<a href=\"https://laohu8.com/S/AMD\">$AMD(AMD)$</a>........","text":"$AMD(AMD)$........","images":[{"img":"https://static.tigerbbs.com/636e7ad9db89174c531b6ad7149e9e74","width":"720","height":"1280"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/132622023","isVote":1,"tweetType":1,"viewCount":890,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":100718407,"gmtCreate":1619650678609,"gmtModify":1704727243248,"author":{"id":"3581502238797257","authorId":"3581502238797257","name":"huathuatzai","avatar":"https://static.tigerbbs.com/c0fb165c2be9d89a8dbaf946657871b2","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3581502238797257","idStr":"3581502238797257"},"themes":[],"htmlText":"Thanks","listText":"Thanks","text":"Thanks","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/100718407","repostId":"1196474090","repostType":4,"repost":{"id":"1196474090","kind":"news","weMediaInfo":{"introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"media_name":"Reuters","id":"1036604489","head_image":"https://static.tigerbbs.com/443ce19704621c837795676028cec868"},"pubTimestamp":1619623392,"share":"https://ttm.financial/m/news/1196474090?lang=en_US&edition=fundamental","pubTime":"2021-04-28 23:23","market":"us","language":"en","title":"Uber app in U.S. to enable users to book vaccines and rental cars","url":"https://stock-news.laohu8.com/highlight/detail?id=1196474090","media":"Reuters","summary":"Uber Technologies Inc said on Wednesday it was launching new features in its app to allow U.S. custo","content":"<p>Uber Technologies Inc said on Wednesday it was launching new features in its app to allow U.S. customers to book COVID-19 vaccine appointments and reserve rental cars.</p>\n<p>Customers would be able reserve an appointment at a Walgreens pharmacy to receive a vaccine and book an Uber ride to travel there, the firm said in a product presentation.</p>\n<p>The feature, which expands an Uber and Walgreens partnership announced in February, reflects the wider availability of COVID-19 inoculations in the United States, where every state has opened up vaccines to all adults.</p>\n<p>For Uber, more vaccinations mean a quicker return to pre-pandemic travel and higher revenues, which tumbled during the pandemic. The number of journeys has already increased. March was the best month since the pandemic's full force was felt.</p>\n<p>The company also announced partnerships with Avis Budget Group Inc, Hertz and other vehicle rental agencies.</p>\n<p>From Wednesday, U.S. customers can book rental cars through the Uber app, with Uber offering up to 10% of the rental cost as a credit to the user to spend on other Uber services.</p>\n<p>In May, users in Washington DC can have their rental car delivered to and collected from their home, after paying a fee to Uber, which will rollout the service nationwide this year.</p>\n<p>Uber's smaller rival Lyft Inc already offers car rentals in partnership with Sixt SE.</p>\n<p>Uber also said it would expand an option to reserve rides in advance to more U.S. and European cities and allow customers to book and collect food delivery orders during a ride-hail trip.</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>Uber app in U.S. to enable users to book vaccines and rental cars</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nUber app in U.S. to enable users to book vaccines and rental cars\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1036604489\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/443ce19704621c837795676028cec868);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Reuters </p>\n<p class=\"h-time\">2021-04-28 23:23</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>Uber Technologies Inc said on Wednesday it was launching new features in its app to allow U.S. customers to book COVID-19 vaccine appointments and reserve rental cars.</p>\n<p>Customers would be able reserve an appointment at a Walgreens pharmacy to receive a vaccine and book an Uber ride to travel there, the firm said in a product presentation.</p>\n<p>The feature, which expands an Uber and Walgreens partnership announced in February, reflects the wider availability of COVID-19 inoculations in the United States, where every state has opened up vaccines to all adults.</p>\n<p>For Uber, more vaccinations mean a quicker return to pre-pandemic travel and higher revenues, which tumbled during the pandemic. The number of journeys has already increased. March was the best month since the pandemic's full force was felt.</p>\n<p>The company also announced partnerships with Avis Budget Group Inc, Hertz and other vehicle rental agencies.</p>\n<p>From Wednesday, U.S. customers can book rental cars through the Uber app, with Uber offering up to 10% of the rental cost as a credit to the user to spend on other Uber services.</p>\n<p>In May, users in Washington DC can have their rental car delivered to and collected from their home, after paying a fee to Uber, which will rollout the service nationwide this year.</p>\n<p>Uber's smaller rival Lyft Inc already offers car rentals in partnership with Sixt SE.</p>\n<p>Uber also said it would expand an option to reserve rides in advance to more U.S. and European cities and allow customers to book and collect food delivery orders during a ride-hail trip.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"UBER":"优步"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1196474090","content_text":"Uber Technologies Inc said on Wednesday it was launching new features in its app to allow U.S. customers to book COVID-19 vaccine appointments and reserve rental cars.\nCustomers would be able reserve an appointment at a Walgreens pharmacy to receive a vaccine and book an Uber ride to travel there, the firm said in a product presentation.\nThe feature, which expands an Uber and Walgreens partnership announced in February, reflects the wider availability of COVID-19 inoculations in the United States, where every state has opened up vaccines to all adults.\nFor Uber, more vaccinations mean a quicker return to pre-pandemic travel and higher revenues, which tumbled during the pandemic. The number of journeys has already increased. March was the best month since the pandemic's full force was felt.\nThe company also announced partnerships with Avis Budget Group Inc, Hertz and other vehicle rental agencies.\nFrom Wednesday, U.S. customers can book rental cars through the Uber app, with Uber offering up to 10% of the rental cost as a credit to the user to spend on other Uber services.\nIn May, users in Washington DC can have their rental car delivered to and collected from their home, after paying a fee to Uber, which will rollout the service nationwide this year.\nUber's smaller rival Lyft Inc already offers car rentals in partnership with Sixt SE.\nUber also said it would expand an option to reserve rides in advance to more U.S. and European cities and allow customers to book and collect food delivery orders during a ride-hail trip.","news_type":1,"symbols_score_info":{"UBER":0.9}},"isVote":1,"tweetType":1,"viewCount":654,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":375424879,"gmtCreate":1619393258591,"gmtModify":1704723029978,"author":{"id":"3581502238797257","authorId":"3581502238797257","name":"huathuatzai","avatar":"https://static.tigerbbs.com/c0fb165c2be9d89a8dbaf946657871b2","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3581502238797257","idStr":"3581502238797257"},"themes":[],"htmlText":"Thanks for sharing","listText":"Thanks for sharing","text":"Thanks for sharing","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/375424879","repostId":"2130364241","repostType":4,"repost":{"id":"2130364241","kind":"highlight","weMediaInfo":{"introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"media_name":"Dow Jones","id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"pubTimestamp":1619341980,"share":"https://ttm.financial/m/news/2130364241?lang=en_US&edition=fundamental","pubTime":"2021-04-25 17:13","market":"hk","language":"en","title":"Why the Fed's focus on those hardest-hit by the pandemic matters for markets","url":"https://stock-news.laohu8.com/highlight/detail?id=2130364241","media":"Dow Jones","summary":"Hoovervilles, the shantytowns built in New York City's Central Park and other open spaces during the","content":"<p>Hoovervilles, the shantytowns built in New York City's Central Park and other open spaces during the Great Depression, became a lasting image of a decade scarred by soaring unemployment and hunger.</p>\n<p>When Federal Reserve Chairman Jerome Powell meets with officials next Wednesday to provide an update on the economy, there's little expectation for any policy changes, but investors no doubt will be listening to his remarks for hints about what the recovery in employment or rise in inflation after the pandemic might mean for financial markets.</p>\n<p>Investors also may want to pay close attention to what else Powell might say.</p>\n<p>\"He's using his profile to call attention to it,\" said Sheila Bair, former head of the U.S. Federal Deposit Insurance Corporation, of Powell's recent emphasis on the D.C. tent city, as well as his frequent mention of the nation's vast income inequality during the pandemic.</p>\n<p>\"But what the Fed really hasn't talked about,\" Bair said, is how \"inequality has been made worse by monetary policy,\" particularly since most assets, including soaring stocks benefit from his COVID-era policies, but are owned mostly by the wealthy .</p>\n<p>Bair, a key architect of post-2008 financial crisis banking reforms, wants to hear Powell speak more about the \"limits of monetary policy, that may be doing more harm than good,\" particularly when it comes to households and retirees looking to grow savings without taking on too much risk.</p>\n<p>\"No <a href=\"https://laohu8.com/S/AONE\">one</a> questions his motives, or his best of intentions,\" Bair said. \"But is it really helping more than it's hurting?\"</p>\n<p><b>End Ironclad</b></p>\n<p>Karen Petrou, a banking policy expert who recently finished writing a book called \"Engine of Inequality ,\" about the pitfalls of Fed policy, wants the Fed to stop relying on \"bad data\" to inform its decisions, while ignoring the fact that the U.S. no longer has a \"large and vibrant middle class.\"</p>\n<p>She also wants the Fed to promptly say it is opposed to keeping interest rates low as economic activity picks up, and to stop providing an \"ironclad\" safety net for sectors like the U.S. high-yield bond market.</p>\n<p>\"You take a risk, you pay the price,\" Petrou, the co-founder Federal Financial Analytics, Inc. told MarketWatch, while warning that Fed backstops, including its slate of emergency lending facilities rolled out last year, create an \"acute moral hazard\" that could be \"potentially terminal, with markets expecting the Fed always to rescue them.\"</p>\n<p>U.S. corporations borrowed record amounts of debt not only have kept credit flowing on Wall Street, but also contributed to accelerating asset values as investors hunted for yield.</p>\n<p>Earlier in April, yields on the \"junkiest\" bracket of CCC-rated and lower-rated U.S. high-yield bonds tumbled to a new low of about 7.1% , which compares with a record high of almost 40% in 2008.</p>\n<p>For a brief stretch last year, the Fed was buying up corporate debt for the first time in history. That program ended in late December, in part because borrowing conditions for big corporations rarely had been better, even for businesses considered fairly risky. But many market participants still view the program as idling in the background, waiting to be revived, if needed.</p>\n<p><b>About the Roaring '20s</b></p>\n<p>About a week ago, the new Federal Reserve Board Governor and forecast that U.S. gross domestic product could expand at a 6.5% rate for the year.</p>\n<p>Waller also suggested it was too early for the central bank to pull back its support, given the need to make up for the more than 8 million jobs still lost to the pandemic.</p>\n<p>The promise of continued monetary support until the economy fully heals along with the milestones hit in the U.S. vaccination rollout Dow Jones Industrial Average shrug off concerns around a potential capital-gains tax hike proposed by President Joe Biden this week and the S&amp;P 500 index finished Friday near a record high.</p>\n<p>It's probably as good a time as any to reflect on what followed past periods of vast U.S. wealth disparity .</p>\n<p>A decade of crisis followed the Roaring 1920s, a \"period of optimism and prosperity -- for some Americans,\" per the Herbert Hoover Presidential Library and Museum , which ended in the 1929 stock market crash and was followed by the 1933 banking crisis.</p>\n<p>While history also points to the pitfalls of unbridled speculation, the Fed has repeatedly vowed to do whatever it takes to keep credit flowing during the pandemic of the past year. The hope has been that it can keep businesses afloat until the COVID-19 threat recedes, while also preventing 1930s levels of economic distress.</p>\n<p>\"He's trying to come up with this narrative, that they are going to keep the foot on the pedal because of issues he's worried about with all of these people on the sidelines,\" said Peter Duffy, chief investment officer of credit at Penn Capital, about Powell's recent remarks on homeless encampments.</p>\n<p>\"But if you look at the JOLTS number, which tracks job openings , the evidence might suggest that some small businesses are having trouble finding workers, and that workers might need to be coaxed off the sidelines, because they have been receiving nice stimulus checks.\"</p>\n<p>But Duffy also expects the mismatch between job openings and those still out of work to ease this spring, as the weather warms in the northeast at least and more of the U.S. population gets fully vaccinated.</p>\n<p>\"A month or two matters, here, a lot,\" he said, in a telephone interview.</p>\n<p><b>Different ammunition</b></p>\n<p>\"What I worry about,\" Bair told MarketWatch, is that Powell's focus on tent cities could end up translating to even more aggressive Fed interventions into markets, which won't benefit lower-income workers who are most vulnerable to losing a job or a home, but instead ratchets up financial risks in the system.</p>\n<p>\"I do assume that they stay the course,\" Bair said of Powell's frequent reassurances that benchmark interest rates will stay steady, near zero, through 2023, even if the economy seems to be at an inflection point. \"But at least be more willing to use financial oversight powers to address some of the instabilities this is creating,\" she said.</p>\n<p>Despite what others may think, Bair also sees places where the Fed still has ammunition to use, even if it might look different.</p>\n<p>\"I would first and foremost make sure we have a stable financial system,\" Bair said. \"If we have another financial crisis, African American households are going to be hit the hardest, along with other lower-income families.\"</p>\n<p>\"I do think there is a lot of embedded bias in risk weight [measures and bank capital] requirements ,\" she said, adding that they \"disproportionately impact minority families.\" \"Causation isn't correlation, but at the end of the day, they make it a lot more profitable to lend to rich people.\"</p>\n<p>In terms of economic data in the week ahead, the highlight will probably be the release of the first estimate of first quarter economic growth or GDP on Thursday, a day after the Fed policy meeting statement and Powell's press conference on Wednesday.</p>\n<p>But investors will also digest U.S. durable and core capital goods orders for March on Monday, followed Tuesday by the latest Case-Shiller home price index, a consumer confidence index and the homeownership rate for the first quarter and Friday will bring data on personal income and spending.</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>Why the Fed's focus on those hardest-hit by the pandemic matters for markets</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; 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overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nWhy the Fed's focus on those hardest-hit by the pandemic matters for markets\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Dow Jones </p>\n<p class=\"h-time\">2021-04-25 17:13</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<p>Hoovervilles, the shantytowns built in New York City's Central Park and other open spaces during the Great Depression, became a lasting image of a decade scarred by soaring unemployment and hunger.</p>\n<p>When Federal Reserve Chairman Jerome Powell meets with officials next Wednesday to provide an update on the economy, there's little expectation for any policy changes, but investors no doubt will be listening to his remarks for hints about what the recovery in employment or rise in inflation after the pandemic might mean for financial markets.</p>\n<p>Investors also may want to pay close attention to what else Powell might say.</p>\n<p>\"He's using his profile to call attention to it,\" said Sheila Bair, former head of the U.S. Federal Deposit Insurance Corporation, of Powell's recent emphasis on the D.C. tent city, as well as his frequent mention of the nation's vast income inequality during the pandemic.</p>\n<p>\"But what the Fed really hasn't talked about,\" Bair said, is how \"inequality has been made worse by monetary policy,\" particularly since most assets, including soaring stocks benefit from his COVID-era policies, but are owned mostly by the wealthy .</p>\n<p>Bair, a key architect of post-2008 financial crisis banking reforms, wants to hear Powell speak more about the \"limits of monetary policy, that may be doing more harm than good,\" particularly when it comes to households and retirees looking to grow savings without taking on too much risk.</p>\n<p>\"No <a href=\"https://laohu8.com/S/AONE\">one</a> questions his motives, or his best of intentions,\" Bair said. \"But is it really helping more than it's hurting?\"</p>\n<p><b>End Ironclad</b></p>\n<p>Karen Petrou, a banking policy expert who recently finished writing a book called \"Engine of Inequality ,\" about the pitfalls of Fed policy, wants the Fed to stop relying on \"bad data\" to inform its decisions, while ignoring the fact that the U.S. no longer has a \"large and vibrant middle class.\"</p>\n<p>She also wants the Fed to promptly say it is opposed to keeping interest rates low as economic activity picks up, and to stop providing an \"ironclad\" safety net for sectors like the U.S. high-yield bond market.</p>\n<p>\"You take a risk, you pay the price,\" Petrou, the co-founder Federal Financial Analytics, Inc. told MarketWatch, while warning that Fed backstops, including its slate of emergency lending facilities rolled out last year, create an \"acute moral hazard\" that could be \"potentially terminal, with markets expecting the Fed always to rescue them.\"</p>\n<p>U.S. corporations borrowed record amounts of debt not only have kept credit flowing on Wall Street, but also contributed to accelerating asset values as investors hunted for yield.</p>\n<p>Earlier in April, yields on the \"junkiest\" bracket of CCC-rated and lower-rated U.S. high-yield bonds tumbled to a new low of about 7.1% , which compares with a record high of almost 40% in 2008.</p>\n<p>For a brief stretch last year, the Fed was buying up corporate debt for the first time in history. That program ended in late December, in part because borrowing conditions for big corporations rarely had been better, even for businesses considered fairly risky. But many market participants still view the program as idling in the background, waiting to be revived, if needed.</p>\n<p><b>About the Roaring '20s</b></p>\n<p>About a week ago, the new Federal Reserve Board Governor and forecast that U.S. gross domestic product could expand at a 6.5% rate for the year.</p>\n<p>Waller also suggested it was too early for the central bank to pull back its support, given the need to make up for the more than 8 million jobs still lost to the pandemic.</p>\n<p>The promise of continued monetary support until the economy fully heals along with the milestones hit in the U.S. vaccination rollout Dow Jones Industrial Average shrug off concerns around a potential capital-gains tax hike proposed by President Joe Biden this week and the S&amp;P 500 index finished Friday near a record high.</p>\n<p>It's probably as good a time as any to reflect on what followed past periods of vast U.S. wealth disparity .</p>\n<p>A decade of crisis followed the Roaring 1920s, a \"period of optimism and prosperity -- for some Americans,\" per the Herbert Hoover Presidential Library and Museum , which ended in the 1929 stock market crash and was followed by the 1933 banking crisis.</p>\n<p>While history also points to the pitfalls of unbridled speculation, the Fed has repeatedly vowed to do whatever it takes to keep credit flowing during the pandemic of the past year. The hope has been that it can keep businesses afloat until the COVID-19 threat recedes, while also preventing 1930s levels of economic distress.</p>\n<p>\"He's trying to come up with this narrative, that they are going to keep the foot on the pedal because of issues he's worried about with all of these people on the sidelines,\" said Peter Duffy, chief investment officer of credit at Penn Capital, about Powell's recent remarks on homeless encampments.</p>\n<p>\"But if you look at the JOLTS number, which tracks job openings , the evidence might suggest that some small businesses are having trouble finding workers, and that workers might need to be coaxed off the sidelines, because they have been receiving nice stimulus checks.\"</p>\n<p>But Duffy also expects the mismatch between job openings and those still out of work to ease this spring, as the weather warms in the northeast at least and more of the U.S. population gets fully vaccinated.</p>\n<p>\"A month or two matters, here, a lot,\" he said, in a telephone interview.</p>\n<p><b>Different ammunition</b></p>\n<p>\"What I worry about,\" Bair told MarketWatch, is that Powell's focus on tent cities could end up translating to even more aggressive Fed interventions into markets, which won't benefit lower-income workers who are most vulnerable to losing a job or a home, but instead ratchets up financial risks in the system.</p>\n<p>\"I do assume that they stay the course,\" Bair said of Powell's frequent reassurances that benchmark interest rates will stay steady, near zero, through 2023, even if the economy seems to be at an inflection point. \"But at least be more willing to use financial oversight powers to address some of the instabilities this is creating,\" she said.</p>\n<p>Despite what others may think, Bair also sees places where the Fed still has ammunition to use, even if it might look different.</p>\n<p>\"I would first and foremost make sure we have a stable financial system,\" Bair said. \"If we have another financial crisis, African American households are going to be hit the hardest, along with other lower-income families.\"</p>\n<p>\"I do think there is a lot of embedded bias in risk weight [measures and bank capital] requirements ,\" she said, adding that they \"disproportionately impact minority families.\" \"Causation isn't correlation, but at the end of the day, they make it a lot more profitable to lend to rich people.\"</p>\n<p>In terms of economic data in the week ahead, the highlight will probably be the release of the first estimate of first quarter economic growth or GDP on Thursday, a day after the Fed policy meeting statement and Powell's press conference on Wednesday.</p>\n<p>But investors will also digest U.S. durable and core capital goods orders for March on Monday, followed Tuesday by the latest Case-Shiller home price index, a consumer confidence index and the homeownership rate for the first quarter and Friday will bring data on personal income and spending.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"MBB":"美国按揭抵押债券ETF-iShares"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2130364241","content_text":"Hoovervilles, the shantytowns built in New York City's Central Park and other open spaces during the Great Depression, became a lasting image of a decade scarred by soaring unemployment and hunger.\nWhen Federal Reserve Chairman Jerome Powell meets with officials next Wednesday to provide an update on the economy, there's little expectation for any policy changes, but investors no doubt will be listening to his remarks for hints about what the recovery in employment or rise in inflation after the pandemic might mean for financial markets.\nInvestors also may want to pay close attention to what else Powell might say.\n\"He's using his profile to call attention to it,\" said Sheila Bair, former head of the U.S. Federal Deposit Insurance Corporation, of Powell's recent emphasis on the D.C. tent city, as well as his frequent mention of the nation's vast income inequality during the pandemic.\n\"But what the Fed really hasn't talked about,\" Bair said, is how \"inequality has been made worse by monetary policy,\" particularly since most assets, including soaring stocks benefit from his COVID-era policies, but are owned mostly by the wealthy .\nBair, a key architect of post-2008 financial crisis banking reforms, wants to hear Powell speak more about the \"limits of monetary policy, that may be doing more harm than good,\" particularly when it comes to households and retirees looking to grow savings without taking on too much risk.\n\"No one questions his motives, or his best of intentions,\" Bair said. \"But is it really helping more than it's hurting?\"\nEnd Ironclad\nKaren Petrou, a banking policy expert who recently finished writing a book called \"Engine of Inequality ,\" about the pitfalls of Fed policy, wants the Fed to stop relying on \"bad data\" to inform its decisions, while ignoring the fact that the U.S. no longer has a \"large and vibrant middle class.\"\nShe also wants the Fed to promptly say it is opposed to keeping interest rates low as economic activity picks up, and to stop providing an \"ironclad\" safety net for sectors like the U.S. high-yield bond market.\n\"You take a risk, you pay the price,\" Petrou, the co-founder Federal Financial Analytics, Inc. told MarketWatch, while warning that Fed backstops, including its slate of emergency lending facilities rolled out last year, create an \"acute moral hazard\" that could be \"potentially terminal, with markets expecting the Fed always to rescue them.\"\nU.S. corporations borrowed record amounts of debt not only have kept credit flowing on Wall Street, but also contributed to accelerating asset values as investors hunted for yield.\nEarlier in April, yields on the \"junkiest\" bracket of CCC-rated and lower-rated U.S. high-yield bonds tumbled to a new low of about 7.1% , which compares with a record high of almost 40% in 2008.\nFor a brief stretch last year, the Fed was buying up corporate debt for the first time in history. That program ended in late December, in part because borrowing conditions for big corporations rarely had been better, even for businesses considered fairly risky. But many market participants still view the program as idling in the background, waiting to be revived, if needed.\nAbout the Roaring '20s\nAbout a week ago, the new Federal Reserve Board Governor and forecast that U.S. gross domestic product could expand at a 6.5% rate for the year.\nWaller also suggested it was too early for the central bank to pull back its support, given the need to make up for the more than 8 million jobs still lost to the pandemic.\nThe promise of continued monetary support until the economy fully heals along with the milestones hit in the U.S. vaccination rollout Dow Jones Industrial Average shrug off concerns around a potential capital-gains tax hike proposed by President Joe Biden this week and the S&P 500 index finished Friday near a record high.\nIt's probably as good a time as any to reflect on what followed past periods of vast U.S. wealth disparity .\nA decade of crisis followed the Roaring 1920s, a \"period of optimism and prosperity -- for some Americans,\" per the Herbert Hoover Presidential Library and Museum , which ended in the 1929 stock market crash and was followed by the 1933 banking crisis.\nWhile history also points to the pitfalls of unbridled speculation, the Fed has repeatedly vowed to do whatever it takes to keep credit flowing during the pandemic of the past year. The hope has been that it can keep businesses afloat until the COVID-19 threat recedes, while also preventing 1930s levels of economic distress.\n\"He's trying to come up with this narrative, that they are going to keep the foot on the pedal because of issues he's worried about with all of these people on the sidelines,\" said Peter Duffy, chief investment officer of credit at Penn Capital, about Powell's recent remarks on homeless encampments.\n\"But if you look at the JOLTS number, which tracks job openings , the evidence might suggest that some small businesses are having trouble finding workers, and that workers might need to be coaxed off the sidelines, because they have been receiving nice stimulus checks.\"\nBut Duffy also expects the mismatch between job openings and those still out of work to ease this spring, as the weather warms in the northeast at least and more of the U.S. population gets fully vaccinated.\n\"A month or two matters, here, a lot,\" he said, in a telephone interview.\nDifferent ammunition\n\"What I worry about,\" Bair told MarketWatch, is that Powell's focus on tent cities could end up translating to even more aggressive Fed interventions into markets, which won't benefit lower-income workers who are most vulnerable to losing a job or a home, but instead ratchets up financial risks in the system.\n\"I do assume that they stay the course,\" Bair said of Powell's frequent reassurances that benchmark interest rates will stay steady, near zero, through 2023, even if the economy seems to be at an inflection point. \"But at least be more willing to use financial oversight powers to address some of the instabilities this is creating,\" she said.\nDespite what others may think, Bair also sees places where the Fed still has ammunition to use, even if it might look different.\n\"I would first and foremost make sure we have a stable financial system,\" Bair said. \"If we have another financial crisis, African American households are going to be hit the hardest, along with other lower-income families.\"\n\"I do think there is a lot of embedded bias in risk weight [measures and bank capital] requirements ,\" she said, adding that they \"disproportionately impact minority families.\" \"Causation isn't correlation, but at the end of the day, they make it a lot more profitable to lend to rich people.\"\nIn terms of economic data in the week ahead, the highlight will probably be the release of the first estimate of first quarter economic growth or GDP on Thursday, a day after the Fed policy meeting statement and Powell's press conference on Wednesday.\nBut investors will also digest U.S. durable and core capital goods orders for March on Monday, followed Tuesday by the latest Case-Shiller home price index, a consumer confidence index and the homeownership rate for the first quarter and Friday will bring data on personal income and spending.","news_type":1,"symbols_score_info":{"MBB":0.9}},"isVote":1,"tweetType":1,"viewCount":902,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":830615338,"gmtCreate":1629070379024,"gmtModify":1676529918512,"author":{"id":"3581502238797257","authorId":"3581502238797257","name":"huathuatzai","avatar":"https://static.tigerbbs.com/c0fb165c2be9d89a8dbaf946657871b2","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3581502238797257","idStr":"3581502238797257"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/HST.SI\">$Lion-OCBC Sec HSTECH S$(HST.SI)$</a>..........","listText":"<a href=\"https://laohu8.com/S/HST.SI\">$Lion-OCBC Sec HSTECH S$(HST.SI)$</a>..........","text":"$Lion-OCBC Sec HSTECH S$(HST.SI)$..........","images":[{"img":"https://static.tigerbbs.com/540cc9468c96a52e5adf56b760ba6150","width":"720","height":"1280"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/830615338","isVote":1,"tweetType":1,"viewCount":2853,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":100718328,"gmtCreate":1619650647364,"gmtModify":1704727241615,"author":{"id":"3581502238797257","authorId":"3581502238797257","name":"huathuatzai","avatar":"https://static.tigerbbs.com/c0fb165c2be9d89a8dbaf946657871b2","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3581502238797257","idStr":"3581502238797257"},"themes":[],"htmlText":"Thanks","listText":"Thanks","text":"Thanks","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/100718328","repostId":"1132578048","repostType":4,"isVote":1,"tweetType":1,"viewCount":694,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"lives":[]}