Terence_513 personal page - To The Moon

Terence_513

Terence_513

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2023-12-13

$阿里巴巴(BABA)$

2023-10-26

tesla good must buy will up to $500 per share

2023-06-26

tiger woods and his dad and

2023-06-22

tiger woods and his dad got it from

2023-06-19

tiger woods and his dad and dad were going out

2023-06-16

tiger is the only one that has to be

2023-06-15

Tiger Woods is the only player to win the Masters this

2023-06-14

come and play tiger game tonight and get some

2023-06-13

Tiger new game. Good app for trading.

@TigerEvents:Light up your investing with Tiger, play and win prizes worth up to USD 999

2023-06-13

@tiger nice. Tiger app

2023-04-14

tiger woods and his dad and dad were in

2023-04-13

tiger woods are in town for some time today at work

2023-04-12

tiger woods and his dad and dad were in town for some reason

2023-04-11

Tiger Woods has a long way in his life and is the most popular golfer of all of his years on this list of winners and

2023-04-10

Tigers were a great game in my book but theyare a little too far for the team that is playing right away in their own

2023-04-09

Tiger Woods is the only player to win the Masters this year and has won three of

2023-04-06

tiget good nice power

2023-04-05

Tiger game. Must try up. Good to play

@TigerEvents:【Game】Easter Egg Hunting with Tiger, Win Disney Shares and USD 120 Voucher

2023-03-22

hhh

The lethality increased by three times! Powell's press conference is the real horror

2023-03-08

👍

"New Fed mouthpiece": Powell may warn that the Fed's rate hike will exceed expectations

Go to Tiger App to see more news

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most popular golfer of all of his years on this list of winners and","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9942809816","isVote":1,"tweetType":1,"viewCount":1388,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9942088955,"gmtCreate":1681084292677,"gmtModify":1681084296326,"author":{"id":"3582091132450948","authorId":"3582091132450948","name":"Terence_513","avatar":"https://community-static.tradeup.com/news/b88a974714a7fb6c069c91664088950c","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3582091132450948","authorIdStr":"3582091132450948"},"themes":[],"htmlText":"Tigers were a great game in my book but theyare a little too far for the team that is playing right away in their own&nbsp;","listText":"Tigers were a great game in my book but theyare a little too far for the team that is playing right away in their own&nbsp;","text":"Tigers were a great game in my book but theyare a little too far for the team that is playing right away in their own","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9942088955","isVote":1,"tweetType":1,"viewCount":762,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9946460156,"gmtCreate":1681022795975,"gmtModify":1681022799609,"author":{"id":"3582091132450948","authorId":"3582091132450948","name":"Terence_513","avatar":"https://community-static.tradeup.com/news/b88a974714a7fb6c069c91664088950c","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3582091132450948","authorIdStr":"3582091132450948"},"themes":[],"htmlText":"Tiger Woods is the only player to win the Masters this year and has won three of&nbsp;","listText":"Tiger Woods is the only player to win the Masters this year and has won three of&nbsp;","text":"Tiger Woods is the only player to win the Masters this year and has won three of","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9946460156","isVote":1,"tweetType":1,"viewCount":695,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9948404806,"gmtCreate":1680756652505,"gmtModify":1680756657472,"author":{"id":"3582091132450948","authorId":"3582091132450948","name":"Terence_513","avatar":"https://community-static.tradeup.com/news/b88a974714a7fb6c069c91664088950c","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3582091132450948","authorIdStr":"3582091132450948"},"themes":[],"htmlText":"tiget good nice power","listText":"tiget good nice power","text":"tiget good nice power","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9948404806","isVote":1,"tweetType":1,"viewCount":1236,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9948825325,"gmtCreate":1680677609167,"gmtModify":1680677613379,"author":{"id":"3582091132450948","authorId":"3582091132450948","name":"Terence_513","avatar":"https://community-static.tradeup.com/news/b88a974714a7fb6c069c91664088950c","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3582091132450948","authorIdStr":"3582091132450948"},"themes":[],"htmlText":"Tiger game.&nbsp; Must try up. Good to play&nbsp;","listText":"Tiger game.&nbsp; Must try up. Good to play&nbsp;","text":"Tiger game. Must try up. Good to play","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9948825325","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":1027,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9943231046,"gmtCreate":1679470633986,"gmtModify":1679470637585,"author":{"id":"3582091132450948","authorId":"3582091132450948","name":"Terence_513","avatar":"https://community-static.tradeup.com/news/b88a974714a7fb6c069c91664088950c","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3582091132450948","authorIdStr":"3582091132450948"},"themes":[],"htmlText":"hhh","listText":"hhh","text":"hhh","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9943231046","repostId":"1100480684","repostType":2,"repost":{"id":"1100480684","kind":"news","pubTimestamp":1679455925,"share":"https://ttm.financial/m/news/1100480684?lang=en_US&edition=fundamental","pubTime":"2023-03-22 11:32","market":"us","language":"zh","title":"The lethality increased by three times! Powell's press conference is the real horror","url":"https://stock-news.laohu8.com/highlight/detail?id=1100480684","media":"金十数据","summary":"在FOMC新闻发布会期间，市场波动比其他时候更高。","content":"<p><html><head></head><body>The Federal Reserve's interest rate decision is about to be released, and everyone is still debating whether to add rate hike or not, and how many basis points to add. However, Powell's press conference is the real \"killer\". The global market is waiting with bated breath for the Federal Reserve's March interest rate decision to be released in the early hours of Thursday morning, Beijing time. How difficult it is for the Federal Reserve this time has been wildly exaggerated by the media. So far, the market is still full of differences about the outcome of this decision. Just last night, rate hike expectations heated up across the board, and this time the probability of a rate hike of 25 basis points exceeded 80% again.</p><p>Add rate hike or not? How many basis points is rate hike? Although these issues are important,<b>Investors should pay more attention to Fed Chairman Powell's press conference after the meeting this time</b>, and its influence should not be underestimated.<b>The study found that market volatility during Powell's press conferences was three times higher than his predecessors, and he often magically reversed the market's initial reaction to FOMC statements.</b></p><p>During six press conferences over the past year, the S&P 500 index has risen and fallen by more than 1%, and its market value has fluctuated by $300 billion. Press releases hosted by Powell tend to have two characteristics.</p><p>One, during the FOMC press conference, market volatility is higher than at other times. This has been the case since 2011, but the press conferences hosted by Powell are especially true, suggesting that press conferences have played a huge role in shaping market expectations in the near term. Second, before the pandemic in COVID-19 pandemic, press conferences tended to reinforce the FOMC's statement, and the market moved during the press conference in line with the initial reaction to the statement. Since the start of the pandemic in COVID-19 pandemic, however, stock and bond markets have often moved in the opposite direction of the market's initial reaction to FOMC statements during press conferences. This reversal has something to do with Powell's wording in his speech. Figure 1 shows the volatility of S&P 500 returns on the day Powell and his predecessor Yellen held a press conference. It can be seen that Powell's tenure has been much more volatile.</p><p><img src=\"https://static.tigerbbs.com/fad8758b93fdf1e7013c31db3a1ba47b\" tg-width=\"1128\" tg-height=\"684\" referrerpolicy=\"no-referrer\"/></p><p>Figure 2 summarizes the rise in market volatility during the recent press conferences of the three Fed chairmen. Although the market volatility will increase at the press conferences held by these three chairmen,<b>But it was particularly pronounced under Powell's tenure: Market volatility was three times higher than under the previous chair</b>。</p><p><img src=\"https://static.tigerbbs.com/a68b7309ffecfd3de0a34ad4b7c94d68\" tg-width=\"1111\" tg-height=\"446\" referrerpolicy=\"no-referrer\"/></p><p>One explanation for the greater market volatility during Powell's press conference may be that during his tenure,<b>More volatile macro environment</b>, including the pandemic response and the subsequent rise in inflation. In addition, there were no significant differences in market volatility under different chairs within minutes of the FOMC announcement,<b>This suggests that increased volatility during Powell's press conference was not the result of more surprising interest rate policy</b>。</p><p>Under Bernanke and Yellen, the Fed's press conferences typically reiterated the message conveyed in FOMC statements. As Figure 3 shows, at the press conference, the market trend tends to be consistent with the initial trend after the FOMC issued its statement. Powell did the same at the pre-COVID-19 pandemic meeting, but the recent meeting strayed from that pattern. Since March 2020,<b>Markets tend to move in the opposite direction during Powell's news sessions as they initially did</b>。</p><p><img src=\"https://static.tigerbbs.com/5d60b7f2c3e07ca9f5897b8a443d0ce4\" tg-width=\"892\" tg-height=\"638\" referrerpolicy=\"no-referrer\"/></p><p><b>One explanation for the market reversal is that the market overreacted to the FOMC's initial announcement because it \"tended to listen.\" However, by analyzing the Q&A texts at Powell's recent press conferences, and then linking the market movements at recent press conferences with the language used by Powell, it can be found that the reason is not just the potential overreaction of the market.</b></p><p>For example, the language used by Powell at his press conference on September 21, 2022, tends to relate to the positive stock market portion of the FOMC statement, during which the market rebounded and the two-year Treasury Bond yield fell by nearly 8 basis points. And at the November 2, 2022 meeting, he turned to significantly more negative language, during which the stock market fell nearly 2%.</p><p>These market reversals show that,<b>The FOMC announcement is no longer the Fed's'last word 'on interest rate guidance</b>。</p><p>Figure 4 shows the trend of the two-year U.S. Treasury Bond yield during the press conference hosted by Yellen and Powell. During Yellen's tenure, the bond market reacted quickly to the release of the FOMC statement and tended to stay near this level after the press conference. However, during Powell's tenure, particularly on the days when the release of the FOMC statement led to a rise in Treasury Bond yields, markets tended to reverse their initial reaction to the release of the FOMC statement at press conferences.</p><p><img src=\"https://static.tigerbbs.com/4e2fc971c6f1e881633a94a00f61804f\" tg-width=\"769\" tg-height=\"741\" referrerpolicy=\"no-referrer\"/></p><p>These patterns indicate that,<b>The role of the Fed's press conference is shifting, it is becoming increasingly important, and it is not always a direct reiteration of FOMC statements. This change may be a corollary of evolving communications strategies: Powell has also doubled the number of press conferences held each year than his predecessors, and the length, complexity, and diversity of views of FOMC statements have changed over time.</b></p><p>Another possible reason is,<b>The press conference allowed the chairman to highlight his views and bring up, ahead of other committee members, parts of the FOMC discussion that were not captured by the FOMC statement but that the market deemed significant.</b>However, deviating from the unified message in the FOMC statement and leading to increased market volatility may be inconsistent with other communication objectives of the Federal Reserve. The large volatility of the stock and bond markets is obviously incompatible with the goal of increasing predictability and reducing uncertainty. In fact, recent meetings have been less successful in reducing uncertainty about future interest rate paths.</p><p>The last possibility is,<b>The goal of minimizing market volatility is wrong</b>。<b>A \"Federal Reserve that is less worried about the direct impact of its actions on the bond market may be able to adjust its policy more flexibly if necessary\".</b>In other words, when the FOMC gets the state of the economy as quickly as it does today, perhaps it just needs a Fed chair willing to move the market.</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>The lethality increased by three times! Powell's press conference is the real horror</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 lethality increased by three times! Powell's press conference is the real horror\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\">2023-03-22 11:32</span>\n</p>\n</h4>\n</header>\n<article>\n<p><html><head></head><body>The Federal Reserve's interest rate decision is about to be released, and everyone is still debating whether to add rate hike or not, and how many basis points to add. However, Powell's press conference is the real \"killer\". The global market is waiting with bated breath for the Federal Reserve's March interest rate decision to be released in the early hours of Thursday morning, Beijing time. How difficult it is for the Federal Reserve this time has been wildly exaggerated by the media. So far, the market is still full of differences about the outcome of this decision. Just last night, rate hike expectations heated up across the board, and this time the probability of a rate hike of 25 basis points exceeded 80% again.</p><p>Add rate hike or not? How many basis points is rate hike? Although these issues are important,<b>Investors should pay more attention to Fed Chairman Powell's press conference after the meeting this time</b>, and its influence should not be underestimated.<b>The study found that market volatility during Powell's press conferences was three times higher than his predecessors, and he often magically reversed the market's initial reaction to FOMC statements.</b></p><p>During six press conferences over the past year, the S&P 500 index has risen and fallen by more than 1%, and its market value has fluctuated by $300 billion. Press releases hosted by Powell tend to have two characteristics.</p><p>One, during the FOMC press conference, market volatility is higher than at other times. This has been the case since 2011, but the press conferences hosted by Powell are especially true, suggesting that press conferences have played a huge role in shaping market expectations in the near term. Second, before the pandemic in COVID-19 pandemic, press conferences tended to reinforce the FOMC's statement, and the market moved during the press conference in line with the initial reaction to the statement. Since the start of the pandemic in COVID-19 pandemic, however, stock and bond markets have often moved in the opposite direction of the market's initial reaction to FOMC statements during press conferences. This reversal has something to do with Powell's wording in his speech. Figure 1 shows the volatility of S&P 500 returns on the day Powell and his predecessor Yellen held a press conference. It can be seen that Powell's tenure has been much more volatile.</p><p><img src=\"https://static.tigerbbs.com/fad8758b93fdf1e7013c31db3a1ba47b\" tg-width=\"1128\" tg-height=\"684\" referrerpolicy=\"no-referrer\"/></p><p>Figure 2 summarizes the rise in market volatility during the recent press conferences of the three Fed chairmen. Although the market volatility will increase at the press conferences held by these three chairmen,<b>But it was particularly pronounced under Powell's tenure: Market volatility was three times higher than under the previous chair</b>。</p><p><img src=\"https://static.tigerbbs.com/a68b7309ffecfd3de0a34ad4b7c94d68\" tg-width=\"1111\" tg-height=\"446\" referrerpolicy=\"no-referrer\"/></p><p>One explanation for the greater market volatility during Powell's press conference may be that during his tenure,<b>More volatile macro environment</b>, including the pandemic response and the subsequent rise in inflation. In addition, there were no significant differences in market volatility under different chairs within minutes of the FOMC announcement,<b>This suggests that increased volatility during Powell's press conference was not the result of more surprising interest rate policy</b>。</p><p>Under Bernanke and Yellen, the Fed's press conferences typically reiterated the message conveyed in FOMC statements. As Figure 3 shows, at the press conference, the market trend tends to be consistent with the initial trend after the FOMC issued its statement. Powell did the same at the pre-COVID-19 pandemic meeting, but the recent meeting strayed from that pattern. Since March 2020,<b>Markets tend to move in the opposite direction during Powell's news sessions as they initially did</b>。</p><p><img src=\"https://static.tigerbbs.com/5d60b7f2c3e07ca9f5897b8a443d0ce4\" tg-width=\"892\" tg-height=\"638\" referrerpolicy=\"no-referrer\"/></p><p><b>One explanation for the market reversal is that the market overreacted to the FOMC's initial announcement because it \"tended to listen.\" However, by analyzing the Q&A texts at Powell's recent press conferences, and then linking the market movements at recent press conferences with the language used by Powell, it can be found that the reason is not just the potential overreaction of the market.</b></p><p>For example, the language used by Powell at his press conference on September 21, 2022, tends to relate to the positive stock market portion of the FOMC statement, during which the market rebounded and the two-year Treasury Bond yield fell by nearly 8 basis points. And at the November 2, 2022 meeting, he turned to significantly more negative language, during which the stock market fell nearly 2%.</p><p>These market reversals show that,<b>The FOMC announcement is no longer the Fed's'last word 'on interest rate guidance</b>。</p><p>Figure 4 shows the trend of the two-year U.S. Treasury Bond yield during the press conference hosted by Yellen and Powell. During Yellen's tenure, the bond market reacted quickly to the release of the FOMC statement and tended to stay near this level after the press conference. However, during Powell's tenure, particularly on the days when the release of the FOMC statement led to a rise in Treasury Bond yields, markets tended to reverse their initial reaction to the release of the FOMC statement at press conferences.</p><p><img src=\"https://static.tigerbbs.com/4e2fc971c6f1e881633a94a00f61804f\" tg-width=\"769\" tg-height=\"741\" referrerpolicy=\"no-referrer\"/></p><p>These patterns indicate that,<b>The role of the Fed's press conference is shifting, it is becoming increasingly important, and it is not always a direct reiteration of FOMC statements. This change may be a corollary of evolving communications strategies: Powell has also doubled the number of press conferences held each year than his predecessors, and the length, complexity, and diversity of views of FOMC statements have changed over time.</b></p><p>Another possible reason is,<b>The press conference allowed the chairman to highlight his views and bring up, ahead of other committee members, parts of the FOMC discussion that were not captured by the FOMC statement but that the market deemed significant.</b>However, deviating from the unified message in the FOMC statement and leading to increased market volatility may be inconsistent with other communication objectives of the Federal Reserve. The large volatility of the stock and bond markets is obviously incompatible with the goal of increasing predictability and reducing uncertainty. In fact, recent meetings have been less successful in reducing uncertainty about future interest rate paths.</p><p>The last possibility is,<b>The goal of minimizing market volatility is wrong</b>。<b>A \"Federal Reserve that is less worried about the direct impact of its actions on the bond market may be able to adjust its policy more flexibly if necessary\".</b>In other words, when the FOMC gets the state of the economy as quickly as it does today, perhaps it just needs a Fed chair willing to move the market.</p><p></body></html></p>\n<div class=\"bt-text\">\n\n\n<p> source：<a href=\"https://xnews.jin10.com/details/108822\">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/909f0c076f3fff78497a5c9be00e5429","relate_stocks":{".DJI":"道琼斯"},"source_url":"https://xnews.jin10.com/details/108822","is_english":false,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1100480684","content_text":"美联储利率决议即将出炉，大家还在争辩加不加息，到底加几个基点。然而，鲍威尔的新闻发布会才是真“杀器”。全球市场正屏息等待即将于北京时间周四凌晨出炉的美联储3月利率决议，美联储这一次有多难已经被媒体疯狂渲染，至今市场对于此次决议的结果依然充满分歧。就在昨晚，加息预期全面升温，这次加息25个基点的概率重新突破了80%。加不加息？加息多少个基点？这些问题固然很重要，但投资者这次更加要重视会后美联储主席鲍威尔的新闻发布会，其影响力更加不容小觑。研究发现，鲍威尔新闻发布会期间的市场波动比他的前任高出三倍，而且他往往还能神奇地扭转市场对FOMC声明的最初反应。在过去一年的六次新闻发布会期间，标普500指数的涨跌幅度超过1%，市值波动达到3000亿美元。鲍威尔主持的新闻发布往往会有两个特点。第一，在FOMC新闻发布会期间，市场波动比其他时候更高。自2011年以来一直如此，但鲍威尔主持的新闻发布会尤其如此，这表明新闻发布会在塑造近期市场预期方面发挥了巨大作用。第二，在新冠疫情大流行之前，新闻发布会倾向于强化FOMC的声明，市场在新闻发布会期间的走势与最初对声明做出的反应一致。然而，自新冠疫情大流行开始以来，股票和债券市场在新闻发布会期间的走势往往与市场对FOMC声明的最初反应相反。这种逆转与鲍威尔在讲话中的措辞有关系。图1展示了鲍威尔及其前任耶伦召开新闻发布会当天标普500指数回报率的波动情况。可以看出鲍威尔任期内的波动性要大得多。图2总结了最近三位美联储主席在新闻发布会期间市场波动的升高情况。尽管在这三位主席召开的新闻发布会上，市场波动都会加剧，但在鲍威尔任期内尤其明显：市场波动比前任主席任期内高出三倍。鲍威尔的新闻发布会期间市场波动更加剧烈的一个解释可能是，在他的任期内，宏观环境更加动荡，其中包括疫情应对和随后的通胀抬头。此外，在FOMC声明发布后的几分钟内，不同主席任下的市场波动没有显著差异，这表明鲍威尔新闻发布会期间的波动加剧并不是更令人惊讶的利率政策的结果。在伯南克和耶伦的领导下，美联储的新闻发布会通常会重申FOMC声明中传递的信息。如图3显示，在新闻发布会上，市场走势倾向于与FOMC发布声明后最初的走势一致。鲍威尔在新冠疫情前的会议上也是这样做的，但最近的会议却偏离了这一模式。自2020年3月以来，市场在鲍威尔的新闻会议期间的走势往往与最初的走势相反。对于市场逆转的一种解释是，市场对FOMC最初的声明反应过度，因为它“倾向于倾听”。然而，通过分析鲍威尔最近几次新闻发布会上的问答文本，再将最近几次新闻发布会上的市场走势与鲍威尔使用的语言联系起来，可以发现，其中的原因不仅仅是市场潜在的过度反应。例如，鲍威尔在2022年9月21日的新闻发布会上使用的语言，往往与FOMC声明中利好股市的部分有关，在此期间市场反弹，两年期国债收益率下降了近8个基点。而在2022年11月2日的会议上，他转向了明显更为负面的语言，在此期间股市下跌了近2%。这些市场逆转表明，FOMC的声明不再是美联储对利率指导的“最后决定”。图4展示了耶伦和鲍威尔主持的新闻发布会期间，两年期美国国债收益率的走势。在耶伦任期内，债市对FOMC声明的发布做出了迅速反应，并在新闻发布会后倾向于保持在这一水平附近。然而，在鲍威尔任期内，特别是在FOMC声明发布导致国债收益率上升的日子里，市场在新闻发布会上往往会逆转对FOMC声明发布的最初反应。这些模式表明，美联储新闻发布会的角色正在转变，正变得越来越重要，而且并不总是直接重申FOMC的声明。这种变化可能是沟通策略不断发展的必然结果：鲍威尔每年举行的新闻发布会数量也比他的前任增加了一倍，FOMC声明的长度、复杂性和观点的多样性随着时间的推移也发生了变化。还有一种可能的原因是，新闻发布会允许主席强调自己的观点，并先于其他委员会成员提出FOMC讨论中未被FOMC声明捕捉、但市场认为具有重要意义的部分。不过，偏离FOMC声明中的统一信息并导致市场波动加剧，这个结果可能与美联储的其他沟通目标不一致。股债市场的大幅波动显然与增加可预测性和减少不确定性的目标不相容。事实上，最近的会议在降低未来利率路径的不确定性方面不太成功。最后一种可能性是，将市场波动最小化的目标是错误的。一个“不太担心其行动对债市的直接影响的美联储或许能够在必要时更灵活地调整政策”。换句话说，当FOMC能像今天这样快速了解经济状况时，也许正是需要一位愿意推动市场走势的美联储主席。","news_type":1,"symbols_score_info":{".DJI":0.9}},"isVote":1,"tweetType":1,"viewCount":826,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9949090990,"gmtCreate":1678228420610,"gmtModify":1678228424372,"author":{"id":"3582091132450948","authorId":"3582091132450948","name":"Terence_513","avatar":"https://community-static.tradeup.com/news/b88a974714a7fb6c069c91664088950c","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3582091132450948","authorIdStr":"3582091132450948"},"themes":[],"htmlText":"👍","listText":"👍","text":"👍","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9949090990","repostId":"1145745223","repostType":4,"repost":{"id":"1145745223","kind":"news","pubTimestamp":1678194660,"share":"https://ttm.financial/m/news/1145745223?lang=en_US&edition=fundamental","pubTime":"2023-03-07 21:11","market":"us","language":"zh","title":"\"New Fed mouthpiece\": Powell may warn that the Fed's rate hike will exceed expectations","url":"https://stock-news.laohu8.com/highlight/detail?id=1145745223","media":"金十数据","summary":"面临多份“爆表”的数据，鲍威尔将如何塑造市场预期？周二晚，“新美联储传声筒”、华尔街日报记者Nick Timiraos撰文表示，美联储主席鲍威尔可能会在国会山发出警告，称今年强劲的经济活动或将使美联储","content":"<p><html><head></head><body><b>Faced with multiple \"off the charts\" data, how will Powell shape market expectations?</b>On Tuesday night, the \"new Fed mouthpiece\" and Wall Street Journal reporter Nick Timiraos wrote that Fed Chairman Jerome Powell may issue a warning on Capitol Hill that strong economic activity this year may make the Fed's rate hike more than expected.</p><p>Powell will begin testifying at 10 a.m. Eastern Time on Tuesday (23: 00 Beijing time) for two days. He will be questioned by the Senate Banking Committee and will continue to be questioned by the House committee on Wednesday.<b>This will be his last speech on interest rate policy before the interest rate meeting in March.</b>Because the Fed will enter a \"silent period\" this Saturday.</p><p>The Federal Reserve slowed the pace of rate hike last month after rate hike of 75 basis points and 50 basis points in November and December, respectively. It raised interest rates by 25 basis points last month to a range of 4.5% to 4.75%, with the aim of continuing to cool the economy to reduce price pressures.</p><p>The Fed has been trying to curb investment, spending and hiring through a rate hike, which would raise borrowing costs and potentially drive down the prices of assets such as stocks and real estate. Federal Funds rate affects other borrowing costs throughout the economy.</p><p>Last December, most Fed officials believed that,<b>They will raise their Federal Funds rate to between 5% and 5.5% this year and keep that level until 2024</b>。 They will submit new forecasts at the upcoming March interest rate meeting.</p><p>Timiraos said that at a news conference on February 1, Powell said that if the economy slows as officials expect, they may rate hike 25 basis points at each meeting in March and May.</p><p>But he also warned that,<b>If the economy shows surprisingly strong momentum, the Federal Reserve could make further rate hike</b>。 Powell said at a news conference:</p><p>\"We're going to take a closer look at the data between now and the March meeting, and if we think we need to raise interest rates above what they said in December, we certainly will.\" Since his comments, several economic reports have shown,<b>Jobs, consumer spending and inflation all rose in January</b>。 In addition, the revised data shows that,<b>Inflation and labor demand are not slowing as much as they were initially reported late last year.</b></p><p>As a result, several Fed officials said,<b>Their rate hike this year may be larger than previously expected</b>。 Three regional Fed presidents said they could have supported a larger rate hike last month and may support a larger rate hike at the upcoming March meeting.</p><p><b>Recent strong economic data has shifted investors' interest rate expectations</b>。 At the Fed's last meeting, investors in the interest rate futures market expected that,<b>Fed officials will only raise Federal Funds rate once more this year, to a high of 4.9%, and start cutting interest rates this fall</b>。 According to CME group data,<b>On Monday, investors expected interest rates to rise to around 5.5% by the middle of the year and stay there until the end of 2023.</b></p><p>Timiraos said,<b>Investors will carefully analyze Powell's rhetoric for clues as to whether the Fed is likely to rate hike 25 basis points, as widely expected, or whether he may indicate a willingness to rate hike 50 basis points.</b></p><p>However, Timiraos believes that,<b>Powell could be limited in steering markets this week</b>，<b>Because two widely watched economic reports will be released after his testimony and before the next meeting</b>, the two reports may affect officials' deliberations. The U.S. Department of Labor will release the February non-farm payrolls report this Friday, and the U.S. February CPI report will be released next week.</p><p>The U.S. added 517,000 new non-farm payrolls in January, while the unemployment rate fell to 3.4%, its lowest level in 53 years, a figure that shocked economists who had expected a jobs slowdown. Friday's latest non-farm payrolls report may provide some clues as to whether job growth is a flash in the pan or a sign that the economy is accelerating.</p><p>For inflation, the downward trend in inflation at the end of last year was suspended in January. Annual inflation, excluding volatile food and energy items, was 4.7%, up from 4.6% in December, according to the Commerce Department's PCE data.</p><p>Hit by the new crown epidemic, the Federal Reserve kept its Federal Funds rate near zero, but in the past 12 months, it has made more rate hike than at any time since the early 1980s. Officials have slowed down rate hike to see the effects of its moves.</p><p>Tuesday's hearing was Powell's first appearance in Congress since the Fed raised its Federal Funds rate to a range of 1.5% to 1.75% last June. A handful of Democratic lawmakers have been downplaying concerns about inflation, warning Powell against rate hike too fast or too high and expressing concern about the Federal Reserve's rush to slow growth by seeking to increase unemployment.</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>\"New Fed mouthpiece\": Powell may warn that the Fed's rate hike will exceed expectations</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\">\n\"New Fed mouthpiece\": Powell may warn that the Fed's rate hike will exceed expectations\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\">2023-03-07 21:11</span>\n</p>\n</h4>\n</header>\n<article>\n<p><html><head></head><body><b>Faced with multiple \"off the charts\" data, how will Powell shape market expectations?</b>On Tuesday night, the \"new Fed mouthpiece\" and Wall Street Journal reporter Nick Timiraos wrote that Fed Chairman Jerome Powell may issue a warning on Capitol Hill that strong economic activity this year may make the Fed's rate hike more than expected.</p><p>Powell will begin testifying at 10 a.m. Eastern Time on Tuesday (23: 00 Beijing time) for two days. He will be questioned by the Senate Banking Committee and will continue to be questioned by the House committee on Wednesday.<b>This will be his last speech on interest rate policy before the interest rate meeting in March.</b>Because the Fed will enter a \"silent period\" this Saturday.</p><p>The Federal Reserve slowed the pace of rate hike last month after rate hike of 75 basis points and 50 basis points in November and December, respectively. It raised interest rates by 25 basis points last month to a range of 4.5% to 4.75%, with the aim of continuing to cool the economy to reduce price pressures.</p><p>The Fed has been trying to curb investment, spending and hiring through a rate hike, which would raise borrowing costs and potentially drive down the prices of assets such as stocks and real estate. Federal Funds rate affects other borrowing costs throughout the economy.</p><p>Last December, most Fed officials believed that,<b>They will raise their Federal Funds rate to between 5% and 5.5% this year and keep that level until 2024</b>。 They will submit new forecasts at the upcoming March interest rate meeting.</p><p>Timiraos said that at a news conference on February 1, Powell said that if the economy slows as officials expect, they may rate hike 25 basis points at each meeting in March and May.</p><p>But he also warned that,<b>If the economy shows surprisingly strong momentum, the Federal Reserve could make further rate hike</b>。 Powell said at a news conference:</p><p>\"We're going to take a closer look at the data between now and the March meeting, and if we think we need to raise interest rates above what they said in December, we certainly will.\" Since his comments, several economic reports have shown,<b>Jobs, consumer spending and inflation all rose in January</b>。 In addition, the revised data shows that,<b>Inflation and labor demand are not slowing as much as they were initially reported late last year.</b></p><p>As a result, several Fed officials said,<b>Their rate hike this year may be larger than previously expected</b>。 Three regional Fed presidents said they could have supported a larger rate hike last month and may support a larger rate hike at the upcoming March meeting.</p><p><b>Recent strong economic data has shifted investors' interest rate expectations</b>。 At the Fed's last meeting, investors in the interest rate futures market expected that,<b>Fed officials will only raise Federal Funds rate once more this year, to a high of 4.9%, and start cutting interest rates this fall</b>。 According to CME group data,<b>On Monday, investors expected interest rates to rise to around 5.5% by the middle of the year and stay there until the end of 2023.</b></p><p>Timiraos said,<b>Investors will carefully analyze Powell's rhetoric for clues as to whether the Fed is likely to rate hike 25 basis points, as widely expected, or whether he may indicate a willingness to rate hike 50 basis points.</b></p><p>However, Timiraos believes that,<b>Powell could be limited in steering markets this week</b>，<b>Because two widely watched economic reports will be released after his testimony and before the next meeting</b>, the two reports may affect officials' deliberations. The U.S. Department of Labor will release the February non-farm payrolls report this Friday, and the U.S. February CPI report will be released next week.</p><p>The U.S. added 517,000 new non-farm payrolls in January, while the unemployment rate fell to 3.4%, its lowest level in 53 years, a figure that shocked economists who had expected a jobs slowdown. Friday's latest non-farm payrolls report may provide some clues as to whether job growth is a flash in the pan or a sign that the economy is accelerating.</p><p>For inflation, the downward trend in inflation at the end of last year was suspended in January. Annual inflation, excluding volatile food and energy items, was 4.7%, up from 4.6% in December, according to the Commerce Department's PCE data.</p><p>Hit by the new crown epidemic, the Federal Reserve kept its Federal Funds rate near zero, but in the past 12 months, it has made more rate hike than at any time since the early 1980s. Officials have slowed down rate hike to see the effects of its moves.</p><p>Tuesday's hearing was Powell's first appearance in Congress since the Fed raised its Federal Funds rate to a range of 1.5% to 1.75% last June. A handful of Democratic lawmakers have been downplaying concerns about inflation, warning Powell against rate hike too fast or too high and expressing concern about the Federal Reserve's rush to slow growth by seeking to increase unemployment.</p><p></body></html></p>\n<div class=\"bt-text\">\n\n\n<p> source：<a href=\"https://xnews.jin10.com/details/107918\">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/9c6a36ceb193aa7f7b4a920e3a909ada","relate_stocks":{".DJI":"道琼斯"},"source_url":"https://xnews.jin10.com/details/107918","is_english":false,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1145745223","content_text":"面临多份“爆表”的数据，鲍威尔将如何塑造市场预期？周二晚，“新美联储传声筒”、华尔街日报记者Nick Timiraos撰文表示，美联储主席鲍威尔可能会在国会山发出警告，称今年强劲的经济活动或将使美联储的加息幅度超出预期。鲍威尔将于美东时间周二上午10点开始作证（北京时间23点），为期两天。他将接受参议院银行委员会的质询，并将于周三继续接受众议院委员会的质询。这将是他在3月议息会议召开前最后一次就利率政策发表讲话，因为美联储将于本周六进入“缄默期”。继去年11月和12月分别加息75个基点和50个基点后，美联储在上个月放慢了加息步伐。其上个月将利率上调了25个基点，至4.5%至4.75%的区间，目的是继续给经济降温来减轻价格压力。美联储一直试图通过加息来抑制投资、支出和招聘，加息会提高借贷成本，并可能压低股票和房地产等资产的价格。联邦基金利率影响着整个经济中的其他借贷成本。去年12月，大多数美联储官员认为，今年他们将把联邦基金利率提高到5%至5.5%之间，并将这一水平维持到2024年。他们将在即将召开的3月议息会议上提交新的预测。Timiraos称，在2月1日的新闻发布会上，鲍威尔表示，如果经济如官员们预期的那样放缓，他们可能会在3月和5月的每次会议上加息25个基点。但他也警告称，如果经济表现出惊人的强劲势头，美联储可能会进一步加息。鲍威尔在新闻发布会上说：“我们将仔细研究从现在到3月会议之间的数据，如果我们认为我们需要将利率提高到12月所说的水平之上，我们肯定会这么做。”自他发表上述言论以来，几份经济报告显示，1月份的就业、消费者支出和通胀都有所上升。此外，修正后的数据显示，通胀和劳动力需求放缓的程度并不像去年底最初报告的那样。因此，几位美联储官员表示，他们今年的加息幅度可能会超过此前的预期。三位地区联储主席表示，上个月他们本可以支持更大幅度的加息，可能将在即将召开的3月会议上支持更大幅度的加息。近期强劲的经济数据改变了投资者的利率预期。在美联储召开的上次会议上，利率期货市场的投资者预计，美联储官员今年只会再将联邦基金利率上调一次，升至4.9%的高点，并于今年秋季开始降息。根据芝商所的数据，周一，投资者预计利率将在年中升至5.5%左右，并一直保持到2023年底。Timiraos表示，投资者将仔细分析鲍威尔的措辞，以寻找美联储是否可能像普遍预期的那样加息25个基点，或者他是否可能表示愿意加息50个基点的线索。不过，Timiraos认为，鲍威尔本周在引导市场方面可能会受到限制，因为两份受到广泛关注的经济报告将在他作证之后和下次会议之前发布，这两份报告可能会影响官员们的审议。美国劳工部将于本周五公布2月非农就业报告，美国2月CPI报告将在下周公布。美国1月份新增非农就业人数为51.7万，而失业率则降至3.4%，为53年来的最低水平，这一数字令经济学家感到震惊，他们原本预计就业岗位将放缓。周五的最新非农就业报告可能会提供一些线索，说明就业增长是昙花一现，还是经济正在加速的迹象。对于通胀，去年年底通胀的下降趋势在1月份暂缓。根据美国商务部的PCE数据，剔除波动性较大的食品和能源项目后的年通胀率为4.7%，高于去年12月的4.6%。因受到新冠疫情的打击，美联储曾将联邦基金利率维持在接近零的水平，但在过去12个月里，美联储加息的幅度超过了上世纪80年代初以来的任何时候。官员们已经放慢了加息的步伐，以观察其举措的效果。周二的听证会是鲍威尔自去年6月美联储将联邦基金利率上调至1.5%至1.75%区间以来首次在国会露面。少数民主党议员一直淡化对通胀的担忧，他们警告鲍威尔不要加息过快或过高，并对美联储急于通过寻求增加失业率来减缓经济增长表示担忧。","news_type":1,"symbols_score_info":{".DJI":0.9}},"isVote":1,"tweetType":1,"viewCount":715,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"hots":[{"id":234472240578680,"gmtCreate":1698279967707,"gmtModify":1698279971955,"author":{"id":"3582091132450948","authorId":"3582091132450948","name":"Terence_513","avatar":"https://community-static.tradeup.com/news/b88a974714a7fb6c069c91664088950c","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3582091132450948","idStr":"3582091132450948"},"themes":[],"htmlText":"tesla good must buy will up to $500 per share","listText":"tesla good must buy will up to $500 per share","text":"tesla good must buy will up to $500 per share","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/234472240578680","isVote":1,"tweetType":1,"viewCount":2363,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":191512743854304,"gmtCreate":1687764857071,"gmtModify":1687764860996,"author":{"id":"3582091132450948","authorId":"3582091132450948","name":"Terence_513","avatar":"https://community-static.tradeup.com/news/b88a974714a7fb6c069c91664088950c","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3582091132450948","idStr":"3582091132450948"},"themes":[],"htmlText":"tiger woods and his dad and","listText":"tiger woods and his dad and","text":"tiger woods and his dad and","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/191512743854304","isVote":1,"tweetType":1,"viewCount":2678,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":190095729369360,"gmtCreate":1687435614894,"gmtModify":1687435618908,"author":{"id":"3582091132450948","authorId":"3582091132450948","name":"Terence_513","avatar":"https://community-static.tradeup.com/news/b88a974714a7fb6c069c91664088950c","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3582091132450948","idStr":"3582091132450948"},"themes":[],"htmlText":"tiger woods and his dad got it from","listText":"tiger woods and his dad got it from","text":"tiger woods and his dad got it 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href=\"https://ttm.financial/S/C6L.SI\">$新加坡航空公司(C6L.SI)$</a>$6.8","text":"$新加坡航空公司(C6L.SI)$$6.8","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9018115052","isVote":1,"tweetType":1,"viewCount":664,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":887116862,"gmtCreate":1632007013556,"gmtModify":1676530683724,"author":{"id":"3582091132450948","authorId":"3582091132450948","name":"Terence_513","avatar":"https://community-static.tradeup.com/news/b88a974714a7fb6c069c91664088950c","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3582091132450948","idStr":"3582091132450948"},"themes":[],"htmlText":"?","listText":"?","text":"?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/887116862","repostId":"886193487","repostType":1,"repost":{"id":886193487,"gmtCreate":1631573453749,"gmtModify":1676530576312,"author":{"id":"3582922989777578","authorId":"3582922989777578","name":"SPOT_ON","avatar":"https://static.tigerbbs.com/080f029371339d9db26930961de6adb1","crmLevel":11,"crmLevelSwitch":1,"followedFlag":false,"authorIdStr":"3582922989777578","idStr":"3582922989777578"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/NVDA\">$NVIDIA Corp(NVDA)$</a>Called GeForce Now, the new subscription service is from graphics processor maker Nvidia and made available to consumers through StarHub.It allows a user to play games without needing the latest game consoles or souped-up gaming computers that can cost hundreds to thousands of dollars.STARHUB LAUNCHING THE CLOUD GAMING BY NVIDIA!!HIGH CASH HIGH DIVIDEND STOCK&nbsp;<a href=\"https://laohu8.com/S/CC3.SI\">$STARHUB LTD(CC3.SI)$</a>","listText":"<a href=\"https://laohu8.com/S/NVDA\">$NVIDIA Corp(NVDA)$</a>Called GeForce Now, the new subscription service is from graphics processor maker Nvidia and made available to consumers through StarHub.It allows a user to play games without needing the latest game consoles or souped-up gaming computers that can cost hundreds to thousands of dollars.STARHUB LAUNCHING THE CLOUD GAMING BY NVIDIA!!HIGH CASH HIGH DIVIDEND STOCK&nbsp;<a href=\"https://laohu8.com/S/CC3.SI\">$STARHUB LTD(CC3.SI)$</a>","text":"$NVIDIA Corp(NVDA)$Called GeForce Now, the new subscription service is from graphics processor maker Nvidia and made available to consumers through StarHub.It allows a user to play games without needing the latest game consoles or souped-up gaming computers that can cost hundreds to thousands of dollars.STARHUB LAUNCHING THE CLOUD GAMING BY NVIDIA!!HIGH CASH HIGH DIVIDEND STOCK $STARHUB LTD(CC3.SI)$","images":[{"img":"https://static.tigerbbs.com/d6ba2e88590f1656012403dc205681b1","width":"4624","height":"2604"}],"top":1,"highlighted":2,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/886193487","isVote":1,"tweetType":1,"viewCount":0,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},"isVote":1,"tweetType":1,"viewCount":342,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9921336820,"gmtCreate":1670976398060,"gmtModify":1676538469038,"author":{"id":"3582091132450948","authorId":"3582091132450948","name":"Terence_513","avatar":"https://community-static.tradeup.com/news/b88a974714a7fb6c069c91664088950c","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3582091132450948","idStr":"3582091132450948"},"themes":[],"htmlText":"👍good","listText":"👍good","text":"👍good","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/9921336820","isVote":1,"tweetType":1,"viewCount":361,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9968087716,"gmtCreate":1669077956335,"gmtModify":1676538147872,"author":{"id":"3582091132450948","authorId":"3582091132450948","name":"Terence_513","avatar":"https://community-static.tradeup.com/news/b88a974714a7fb6c069c91664088950c","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3582091132450948","idStr":"3582091132450948"},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/GOOG\">$谷歌(GOOG)$&nbsp;</a><v-v data-views=\"1\"></v-v>","listText":"<a href=\"https://ttm.financial/S/GOOG\">$谷歌(GOOG)$&nbsp;</a><v-v data-views=\"1\"></v-v>","text":"$谷歌(GOOG)$","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/9968087716","isVote":1,"tweetType":1,"viewCount":576,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":809777155,"gmtCreate":1627394932477,"gmtModify":1703489113614,"author":{"id":"3582091132450948","authorId":"3582091132450948","name":"Terence_513","avatar":"https://community-static.tradeup.com/news/b88a974714a7fb6c069c91664088950c","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3582091132450948","idStr":"3582091132450948"},"themes":[],"htmlText":"?","listText":"?","text":"?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/809777155","repostId":"1109053454","repostType":4,"repost":{"id":"1109053454","kind":"news","pubTimestamp":1627394793,"share":"https://ttm.financial/m/news/1109053454?lang=en_US&edition=fundamental","pubTime":"2021-07-27 22:06","market":"us","language":"zh","title":"Jim Rogers' Crisis Response Handbook","url":"https://stock-news.laohu8.com/highlight/detail?id=1109053454","media":"腾讯美股","summary":"投资界最经典的经验教训之一就是：当身边所有人都投资失败的时候，机会就来了。\n\n\n来源丨巴伦周刊\n任何常识每隔十五年必会戏剧性反转\n危机到来时，我们到底应该如何应对呢？\n首先，要彻底改变你对危机的认知方","content":"<p><i>One of the most classic lessons in the investment world is that when everyone around you fails to invest, opportunities come.</i><img src=\"https://static.tigerbbs.com/bb340175a4c52ccc61fe1cd88143e62b\" tg-width=\"1080\" tg-height=\"719\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"></p><p><b>Source | Barron's Weekly</b></p><p><b>Any common sense must reverse dramatically every fifteen years</b></p><p>When the crisis comes, how should we respond?</p><p>First, completely change the way you perceive a crisis. Crisis, according to a certain frequency, is bound to happen every once in a while. And a lot of common sense you believe in now may be deeply wrong fifteen years from now.</p><p>Let's look back at history again. What became of common sense, which everyone thought was absolutely true in 1930, in 1945? Obviously it can no longer be what it was in 1930, because World War II has changed everything.</p><p>It can be seen that for our world, change is the norm, but unchanged is abnormal. The world is always changing and never stops.</p><p>That's why I have repeatedly advocated that everyone should learn from history and respect history. There is an old Chinese saying, \"Taking history as a mirror, you can know the ups and downs\", which is what it means.</p><p>Of course, the reversal cycle of common sense doesn't have to be fifteen years. Sometimes maybe ten years, sometimes maybe twenty-five years. However, when we trace the vast amount of historical data, we will find that roughly every ten to fifteen years, a huge change will come. This is a high probability event.</p><p>Give an example. In 1991, the Soviet Union, a superpower that once stood alongside the United States, collapsed. This was almost unthinkable ten years ago in 1981. After the fall of the Berlin Wall in 1989, the so-called \"red empire\" of the Soviet Union completely disappeared in just two years. Affected by this, many people assert that capitalist ideology has achieved a historic \"ultimate victory\", and its result is irreversible. The most representative one is the \"conclusion of the end of history\" published by Japanese-American scholar Francis Fukuyama. But only fifteen years later, it was precisely capitalism itself that had a serious crisis, while many socialist countries represented by China were thriving and prosperous. In particular, China's strong development has even pulled developed countries such as Europe and America out of the quagmire of the subprime mortgage crisis.</p><p>From this, I can assert that everything we think is common sense today is wrong, and future history will inevitably prove this point. This is by no means exaggerated, let alone sensational. If you want to be a successful investor, it is important to understand this deeply.</p><p>So, what is the opportunity for common sense reversal? Simple, it's a crisis. In a sense, the crisis is not bad, even a good thing, and it is the perfect opportunity.</p><p>In Chinese, the word \"crisis\" is composed of two parts: \"crisis\" and \"opportunity\", which means that danger and opportunity are always two sides of the same coin, which go hand in hand and complement each other.</p><p>When the \"social economy\" section of a newspaper is covered with horrible headlines and news of the crisis, you may instinctively think, \"God, this is terrible!\" But others may think differently. They will think, \"Thank God, this is a godsend!\"</p><p>Not bad. Whether it is a man-made disaster like the \"9.11\" incident or a natural disaster like the \"Japanese tsunami\", all disasters are sad things for our world and all mankind, but for investors, these crises also mean opportunities. Because the world before and after the crisis will be hugely different. Harness these differences rather than be engulfed by them; Taking the initiative, rather than waiting passively, is the only way to become a winner in life. This is what the true brave and wise do.</p><p><b>Even if a crisis breaks out, there is no need to despair</b></p><p>Remember, even if you lose everything in a crisis, even if you fall into the abyss of depression and despair, the opportunity for the phoenix to survive will always exist. Because the deeper and heavier the despair, the heavier and fuller the happiness when the opportunity comes. In fact, the more successful people in this world are, the deeper and unbearable despair they have experienced. Never, never exceptionally.</p><p>Therefore, to those who have experienced crisis and are pessimistic and world-weary, I want to say this: \"It doesn't matter, it doesn't matter. No matter how bad things happen, the sky won't fall. More than that, it will completely change in fifteen years, and then it will be your chance to be reborn.\"</p><p>That's right, no matter how devastated your life is by crisis, no matter how depressed and desperate your mood is, you must live tenaciously. As long as you live, you will usher in a turning point. This is the normal state of life and the law of nature. As the old Chinese proverb goes: \"If you keep the green hills, you will not be afraid of running out of firewood.\"</p><p>My own life experience is a vivid example. There was once a good friend who chose suicide because he was abandoned by his wife. I myself have been in a long-term depression due to divorce, but now I am thanking God for his gift every day. Because after fifteen years of divorce, I bathed in happiness again and lived a happy life every day. My experience is by no means unique. The same people and things happen around us every day, but you just don't realize it.</p><p>In fact, everyone will be pessimistic and desperate for some reason at some stage in their lives. But all pessimistic misanthropes must have one thing in common, that is, ignorance of history, that is, ignorance of \"one's life will be completely different in fifteen years\". Imagine that if you give up the idea of suicide, there may be a wonderful life waiting for you in the future.</p><p>According to the data of the United States and Japan, the vast majority of suicides are young people around the age of 20. This is really a shame. If they didn't die, fifteen years from now, when they were thirty-five, the world would be very different, and their lives would be very different. This is definitely a high probability event. It's worth at least expecting it and waiting for once. Again, no matter what happens, no matter how much devastation and blow it brings to you, wait a minute, the future will be different.</p><p>Take Japan, for example. When the Nikkei crashed in 1965, many people must have fallen into the abyss of despair. However, after that, Japan was resurrected with blood in a very short period of time, and it ushered in the peak of prosperity in 1980. It's exactly fifteen years.</p><p>The same goes for the United States. In the United States in 1930, how many people committed suicide because they lost everything in the unprecedented \"Great Depression\", but if they had chosen to live tenaciously at that time, they would have ushered in a dramatic turn of fate until 1945. Because at the end of World War II in 1945, the heyday of the United States' national strength was unprecedented.</p><p>It's another fifteen years. Warren Buffett, the stock god, has a famous saying: \"Never short America, because this country has unlimited potential.\" I also want to borrow flowers to Buddha and say to everyone who is deeply in despair: \"Never short your own life, because your life has unlimited potential.\" This is not a comfort, it is a fact.</p><p><b>The first priority in dealing with the crisis</b></p><p>So what is the number one priority in dealing with the crisis?</p><p>Simple, to have a clear understanding of what is happening in the world.</p><p>Unfortunately, the vast majority of people can't do this. There are too many people who are indifferent to the countless signs of crisis around them, and can't actively explore the profound meaning behind these signs. Therefore, we must always keep a correct sensitivity and clear understanding of the operation mechanism of this world and all the appearances caused by it.</p><p>For example, what happened to India's financial system must be explored for all clues. No matter what you find or see, be sure to keep this way of thinking and behaving. It is especially important to note that you should never try to consult others when you are doing this. Be sure to maintain independence and avoid relying on others. Otherwise, when a problem happens, you will suffer-those who can't think with their own heads and only know to dance with the will of others will act completely blinded and at a loss once the progress doesn't go well.</p><p>Therefore, when it comes to investment, it is only suitable for choosing things you are familiar with and good at. Otherwise, if you buy something that you don't even understand, if something goes wrong, it will be difficult not to be fooled.</p><p>This is the so-called truth of \"don't do it if you are not familiar with it\".</p><p>Everyone likes \"hot news\" and \"exclusive intelligence\". Especially for a veteran investor like me, everyone wants to get some \"inside information\" from me, and they all want to say from me, \"Dude, buy this! It's definitely a guaranteed profit!\" But these people don't realize that when they rely on others, they become incompetent people themselves.</p><p>So again: trust your head and only spend money on what you know and what you are familiar with. That's the right thing to do.</p><p>Think about the question this way: Suppose you only have twenty investment opportunities in your long life, what would you do? Not surprisingly, you will be extremely cautious and focused on your potential investment targets, right? \"I heard from so-and-so about an excellent investment project!\"-This kind of whimsical thought will not happen again, will it? We won't search all over the world for what is available or what is not available or so-called \"hot news\" and \"exclusive information\", right?</p><p>That's the truth.</p><p>To put it bluntly, if you really can't find any suitable investment opportunities, it's better to stay in the world you are familiar with and do nothing than to jump into the world you are unfamiliar with, at least you won't lose everything.</p><p>In fact, this is exactly what all successful investors do. When they can't figure out the situation, they will choose to \"stand still\" and do nothing. They just sit there, looking out the window, waiting quietly for an investment target to appear that can really convince them. Once they find something like this, they will cling to it tightly, track its development track closely, and don't put it into action until they are sure that it is foolproof.</p><p>Once the real money is thrown in, the rest is simple: you just need to wait for the investment target to appreciate. That's right, what you need to do is wait, wait patiently. The reason why you have this patience is that you have the confidence and clearly know where and when the selling point (selling your investment target) will appear.</p><p>As long as it is a field you are familiar with, no matter what changes occur, whether good or bad, you can immediately figure out the situation and take it calmly. The opposite is also true. If your investment is to follow the advice of others, you have no idea at all. That is to say, you can't figure out the most basic situations of what you are investing in and why you bought it in the first place. Understand, then if something goes wrong, you will only be blind.</p><p>Whether you are buying a car, clothes, or anything else, this truth applies: as long as you know more than others, are more professional and familiar than others, you can get favorable trading terms and buy good quality and cheap things than others.</p><p>One of the most classic lessons in the investment world is: when everyone around you fails to invest, as long as you invest in something you are familiar with, in most cases, your investment target will eventually appreciate, and it will appreciate significantly.</p><p><b>It is because so many people fail that there is a chance</b></p><p>While most people taste the bitter wine of investment failure, smart investors can handle it with ease. The more poor the economy is and everyone is discouraged, pessimistic and disappointed, the higher the return will be for those who seize the opportunity to make decisive moves when the economy recovers.</p><p>So I want to emphasize repeatedly: the iron law of investment is not to do it if you are unfamiliar with it. Never make an exception or take any chances.</p><p>As long as you can do this, you don't have to worry about not making a lot of money.</p><p>Of course, before investing, we must do a good job of investigation and research on the investment object. If you really want to make money, you should spare no effort in information collection. On the contrary, if you really can't find a suitable opportunity, putting your money in the bank and waiting for the opportunity is the only reasonable choice.</p><p>However, even putting money in the bank does not mean absolute safety. Give an example. In 2006 and 2007, quite a few people realized that the economy was out of order, because the subprime mortgage problem was getting worse at that time, but most people did nothing and watched their money in the bank and real estate go up in smoke.</p><p>Therefore, when the crisis comes, which bank is more reliable to put money in is also a question that needs great attention. Specifically, the bigger the bank, the better. The focus is not on scale, but on financial soundness. Be sure to give your hard-earned money to those financially sound banks for safekeeping, otherwise you won't even have time to cry when disaster strikes.</p><p>I personally have quite a few Russian bonds on hand. In addition to the high interest rate, the ratio of Russia's total government debt to GDP is not too high, so the financial soundness of bonds is relatively reliable. This is very appealing to me and reassuring. But that doesn't mean that you can buy Russian bonds even if you don't even know where Russia is on the map, because Jim Rogers did.</p><p>In short, ignore the advice of \"buy Russian bonds\" issued by someone in the newspaper or on the Internet. No matter what reason that advice is and whether it is correct or not, it has nothing to do with you. Because you don't understand this thing yourself. And as long as it is something you don't understand yourself, any investment behavior is wrong.</p><p>Take myself for example. I not only know the position of Russia on the map, but also know how to find Russian brokers (middlemen) like the back of my hand. As for visiting Russia in person, it is even more a cinch. So, if someone asks me: \"How should I invest in Russia?\" My answer must be: \"You shouldn't invest in Russia without knowing how to invest in Russia.\" It's that simple.</p><p>If you have the spare time to find a way to invest in Russia, it is better not to invest in Russia.</p><p>Investment is risky, and decisions must be made carefully. Even myself, who has been investing in the 1970s for nearly half a century, has not always been a victorious general.</p><p><b>Which assets must be held in a crisis</b></p><p>What assets should you hold when a crisis occurs?</p><p>Simple, dollars. I hold a lot of dollars myself.</p><p>Now that's weird. Isn't it said that the United States is the largest debtor country in the world, and the debt bubble is on the verge of bursting, and the situation is worsening day by day? In that case, why hold dollars?</p><p>Let's break down the matter. First of all, it is necessary to understand what most people think and do. When a crisis breaks out, people tend to think, \"The dollar is a safe haven.\" Yes, it is precisely because there is danger that people must find a safe place for their property, and their preferred safe haven is the dollar. Because of this, people will see that the more crisis there is, the more the dollar will appreciate. This is true even if the perpetrators of this crisis are Americans themselves.</p><p>The more severe the crisis is, the more exaggerated people's fanaticism for the US dollar and the extent of its appreciation is-note that this is a typical signal, don't miss it. And my approach is very simple, that is, decisively sell the dollar and buy something else worth investing in.</p><p>Of course, the US dollar is not the only safe haven. How to avoid risks in times of crisis is ultimately related to what kind of crisis has occurred. However, it is also true that most currencies, except the US dollar, depreciate when a crisis occurs. As for gold, although it also has investment value, generally speaking, the price of gold tends to fall in the initial stages of a crisis. The reason is very simple. A crisis will cause a shortage of cash. People who are short of money on hand often sell gold in a hurry and start cash for emergencies-note, this is another investment signal. In a high probability event, I will sell the appreciated US dollar in my hand and buy the depreciated gold and silver. However, what should be done depends on the situation at that time, and the practice will be different with different situations.</p><p>Note that in the initial stage of the crisis, even if the price of gold will fall, it will rebound quickly. When people realize that there is something wrong with their country's economy, the situation is deteriorating day by day, and the currency is constantly depreciating, the first reaction in their minds is often to buy gold and silver-history has proved this countless times.</p><p>Many experts and professors may find this phenomenon a little incredible. They may think that gold and silver can't be eaten as a meal, have no use value, and have poor liquidity compared with currency. It is a typical layman's practice to buy gold and silver to avoid safety. No need to mind, though. Most people are not experts, just ordinary people. This is what they do, that is, they want to buy gold and silver in times of crisis. Therefore, experts and adults can let these common people go and buy whatever they like!</p><p>As for me personally, I bought a lot of gold and silver a long time ago, and I bought more not long ago. In my opinion, if the price of gold and silver goes down, it will simply provide another opportunity to buy, not the other way around. The reason why I think so is that in previous crises, even if the price of gold and silver falls for a while, it will rebound quickly. This is what history has taught me about investing.</p><p>Because the severity of this crisis will be unprecedented, no matter how experts, professors and central banks clamor for \"the uselessness of gold and silver\", I believe most people will turn a deaf ear and flock to the counter selling gold and silver again. I, too, have bought a lot of gold and silver now, and I am fully prepared for the future.</p><p>In particular, gold is the favorite of Chinese people. Before China's reform and opening up, gold was difficult to buy and the price was extremely high. In addition, most people didn't have much money, so for most Chinese people, gold was a rare thing and out of reach. Today's China is completely different. Buying gold is already extremely simple. Not only can you buy gold jewelry anytime and anywhere, but you can also buy gold coins and gold futures, and you can even buy gold bars in the business hall of the Bank of China branch.</p><p>This shows the investment potential of gold.</p><p>However, again, the most taboo thing about investing is to rely on others. Other people's opinions are not important, what matters is your own investment philosophy and opinions. And my investment opinion is that the reason why I want to buy gold and silver in times of crisis is not because these things have objective financial soundness or safety, but because most people instinctively think that these things are financially sound and safe.</p><p>The same goes for the dollar. When the crisis breaks out, people will instinctively think that compared with the pound and euro, the US dollar is more reliable. Note that this is still only a subjective consciousness, not an objective fact. But it doesn't matter whether it is objective or not, because people are bound to act according to subjective consciousness. That's the real point. And as long as there is action, there must be results-this is what provides inspiration for investors.</p><p><b>What companies should do to deal with the crisis</b></p><p>In terms of dealing with the crisis, what can enterprises do to take precautions and prevent problems before they happen?</p><p>Simply, first of all, you should drastically reduce your debt. You should not only reduce your own debt, but also pay more attention to your customers' debt situation. Because once a crisis occurs, those customers who are in poor financial situation and are ridden in debt will definitely implicate you and cause you great trouble. At least payment recovery will become a big problem.</p><p>No business is willing to easily ostracize or give up any customer. I can totally understand that. But the problem is that customers with too much debt are a hot potato. Once something goes wrong, the situation often deteriorates quickly and catches you off guard. Furthermore, the fact that a customer owes so much debt shows that he already has problems, and it is obviously not harmful to you to be aware of these problems and be prepared in advance.</p><p>In the event of a crisis, even if only a few customers go bankrupt, the impact on you cannot be underestimated. To take a step back, even if your own business is in good shape and financially healthy, the bankruptcy of individual customers will have varying degrees of ripple effects on your other customers. Therefore, even if it is only for the reason of being responsible to your customers, you should pay full attention to this matter, and always be highly vigilant against those debt-ridden transactions.</p><p>Not only that, but which country your customer is an enterprise is also very important, and it needs to be strictly monitored by the above principles. Because dealing with enterprises in high-risk countries, the probability of getting into trouble is much higher than that in low-risk countries.</p><p>Another important point is to focus on the business that your enterprise is best at and has the most advantages, and try not to look forward to Shu and change your mind. Especially in times of crisis, we must not blindly pursue the so-called diversified management. Because they failed to quickly enter new business fields and implement diversification strategies, too many enterprises were criticized for \"lack of sense of speed\", and this evaluation was obviously unfair. The reason is simple, it is dangerous to blindly enter the unknown. Compared with the potential opportunities, I'm afraid the possibility of encountering more problems is greater. In fact, the more companies choose a diversified business model, the easier it is to get involved in all kinds of troubles and fall into all kinds of traps, thus leading to the continuous deterioration of business performance. Such lessons are by no means uncommon.</p><p>In short, the more difficult the period is, the more enterprises must focus on the business they are familiar with and good at, and must not be half-hearted; At the same time, we should vigorously reduce debt and avoid dealing with enterprises that owe too much debt. In addition, it is also a good strategy to develop the habit of taking stock of assets in times of crisis, find out those assets that are not necessary, and then sell them to increase your cash reserves on hand.</p><p>Finally, let's make a summary. As the saying goes, \"Cash is king.\" Because the crisis is extremely difficult to predict but it is bound to come, it is the king way to deal with the crisis to prepare enough cash in advance to prevent problems before they happen.</p><p>The key to ensuring cash flow is to sell excess assets in time and use the money to repay debts to reduce the financial burden of enterprises; Then, focus entirely on what you do best in your core business area.</p><p>As long as you can do this, no crisis can beat you or even hurt you.</p>","source":"txmg","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>Jim Rogers' Crisis Response Handbook</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\">\nJim Rogers' Crisis Response Handbook\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">腾讯美股</strong><span class=\"h-time small\">2021-07-27 22:06</span>\n</p>\n</h4>\n</header>\n<article>\n<p><i>One of the most classic lessons in the investment world is that when everyone around you fails to invest, opportunities come.</i><img src=\"https://static.tigerbbs.com/bb340175a4c52ccc61fe1cd88143e62b\" tg-width=\"1080\" tg-height=\"719\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"></p><p><b>Source | Barron's Weekly</b></p><p><b>Any common sense must reverse dramatically every fifteen years</b></p><p>When the crisis comes, how should we respond?</p><p>First, completely change the way you perceive a crisis. Crisis, according to a certain frequency, is bound to happen every once in a while. And a lot of common sense you believe in now may be deeply wrong fifteen years from now.</p><p>Let's look back at history again. What became of common sense, which everyone thought was absolutely true in 1930, in 1945? Obviously it can no longer be what it was in 1930, because World War II has changed everything.</p><p>It can be seen that for our world, change is the norm, but unchanged is abnormal. The world is always changing and never stops.</p><p>That's why I have repeatedly advocated that everyone should learn from history and respect history. There is an old Chinese saying, \"Taking history as a mirror, you can know the ups and downs\", which is what it means.</p><p>Of course, the reversal cycle of common sense doesn't have to be fifteen years. Sometimes maybe ten years, sometimes maybe twenty-five years. However, when we trace the vast amount of historical data, we will find that roughly every ten to fifteen years, a huge change will come. This is a high probability event.</p><p>Give an example. In 1991, the Soviet Union, a superpower that once stood alongside the United States, collapsed. This was almost unthinkable ten years ago in 1981. After the fall of the Berlin Wall in 1989, the so-called \"red empire\" of the Soviet Union completely disappeared in just two years. Affected by this, many people assert that capitalist ideology has achieved a historic \"ultimate victory\", and its result is irreversible. The most representative one is the \"conclusion of the end of history\" published by Japanese-American scholar Francis Fukuyama. But only fifteen years later, it was precisely capitalism itself that had a serious crisis, while many socialist countries represented by China were thriving and prosperous. In particular, China's strong development has even pulled developed countries such as Europe and America out of the quagmire of the subprime mortgage crisis.</p><p>From this, I can assert that everything we think is common sense today is wrong, and future history will inevitably prove this point. This is by no means exaggerated, let alone sensational. If you want to be a successful investor, it is important to understand this deeply.</p><p>So, what is the opportunity for common sense reversal? Simple, it's a crisis. In a sense, the crisis is not bad, even a good thing, and it is the perfect opportunity.</p><p>In Chinese, the word \"crisis\" is composed of two parts: \"crisis\" and \"opportunity\", which means that danger and opportunity are always two sides of the same coin, which go hand in hand and complement each other.</p><p>When the \"social economy\" section of a newspaper is covered with horrible headlines and news of the crisis, you may instinctively think, \"God, this is terrible!\" But others may think differently. They will think, \"Thank God, this is a godsend!\"</p><p>Not bad. Whether it is a man-made disaster like the \"9.11\" incident or a natural disaster like the \"Japanese tsunami\", all disasters are sad things for our world and all mankind, but for investors, these crises also mean opportunities. Because the world before and after the crisis will be hugely different. Harness these differences rather than be engulfed by them; Taking the initiative, rather than waiting passively, is the only way to become a winner in life. This is what the true brave and wise do.</p><p><b>Even if a crisis breaks out, there is no need to despair</b></p><p>Remember, even if you lose everything in a crisis, even if you fall into the abyss of depression and despair, the opportunity for the phoenix to survive will always exist. Because the deeper and heavier the despair, the heavier and fuller the happiness when the opportunity comes. In fact, the more successful people in this world are, the deeper and unbearable despair they have experienced. Never, never exceptionally.</p><p>Therefore, to those who have experienced crisis and are pessimistic and world-weary, I want to say this: \"It doesn't matter, it doesn't matter. No matter how bad things happen, the sky won't fall. More than that, it will completely change in fifteen years, and then it will be your chance to be reborn.\"</p><p>That's right, no matter how devastated your life is by crisis, no matter how depressed and desperate your mood is, you must live tenaciously. As long as you live, you will usher in a turning point. This is the normal state of life and the law of nature. As the old Chinese proverb goes: \"If you keep the green hills, you will not be afraid of running out of firewood.\"</p><p>My own life experience is a vivid example. There was once a good friend who chose suicide because he was abandoned by his wife. I myself have been in a long-term depression due to divorce, but now I am thanking God for his gift every day. Because after fifteen years of divorce, I bathed in happiness again and lived a happy life every day. My experience is by no means unique. The same people and things happen around us every day, but you just don't realize it.</p><p>In fact, everyone will be pessimistic and desperate for some reason at some stage in their lives. But all pessimistic misanthropes must have one thing in common, that is, ignorance of history, that is, ignorance of \"one's life will be completely different in fifteen years\". Imagine that if you give up the idea of suicide, there may be a wonderful life waiting for you in the future.</p><p>According to the data of the United States and Japan, the vast majority of suicides are young people around the age of 20. This is really a shame. If they didn't die, fifteen years from now, when they were thirty-five, the world would be very different, and their lives would be very different. This is definitely a high probability event. It's worth at least expecting it and waiting for once. Again, no matter what happens, no matter how much devastation and blow it brings to you, wait a minute, the future will be different.</p><p>Take Japan, for example. When the Nikkei crashed in 1965, many people must have fallen into the abyss of despair. However, after that, Japan was resurrected with blood in a very short period of time, and it ushered in the peak of prosperity in 1980. It's exactly fifteen years.</p><p>The same goes for the United States. In the United States in 1930, how many people committed suicide because they lost everything in the unprecedented \"Great Depression\", but if they had chosen to live tenaciously at that time, they would have ushered in a dramatic turn of fate until 1945. Because at the end of World War II in 1945, the heyday of the United States' national strength was unprecedented.</p><p>It's another fifteen years. Warren Buffett, the stock god, has a famous saying: \"Never short America, because this country has unlimited potential.\" I also want to borrow flowers to Buddha and say to everyone who is deeply in despair: \"Never short your own life, because your life has unlimited potential.\" This is not a comfort, it is a fact.</p><p><b>The first priority in dealing with the crisis</b></p><p>So what is the number one priority in dealing with the crisis?</p><p>Simple, to have a clear understanding of what is happening in the world.</p><p>Unfortunately, the vast majority of people can't do this. There are too many people who are indifferent to the countless signs of crisis around them, and can't actively explore the profound meaning behind these signs. Therefore, we must always keep a correct sensitivity and clear understanding of the operation mechanism of this world and all the appearances caused by it.</p><p>For example, what happened to India's financial system must be explored for all clues. No matter what you find or see, be sure to keep this way of thinking and behaving. It is especially important to note that you should never try to consult others when you are doing this. Be sure to maintain independence and avoid relying on others. Otherwise, when a problem happens, you will suffer-those who can't think with their own heads and only know to dance with the will of others will act completely blinded and at a loss once the progress doesn't go well.</p><p>Therefore, when it comes to investment, it is only suitable for choosing things you are familiar with and good at. Otherwise, if you buy something that you don't even understand, if something goes wrong, it will be difficult not to be fooled.</p><p>This is the so-called truth of \"don't do it if you are not familiar with it\".</p><p>Everyone likes \"hot news\" and \"exclusive intelligence\". Especially for a veteran investor like me, everyone wants to get some \"inside information\" from me, and they all want to say from me, \"Dude, buy this! It's definitely a guaranteed profit!\" But these people don't realize that when they rely on others, they become incompetent people themselves.</p><p>So again: trust your head and only spend money on what you know and what you are familiar with. That's the right thing to do.</p><p>Think about the question this way: Suppose you only have twenty investment opportunities in your long life, what would you do? Not surprisingly, you will be extremely cautious and focused on your potential investment targets, right? \"I heard from so-and-so about an excellent investment project!\"-This kind of whimsical thought will not happen again, will it? We won't search all over the world for what is available or what is not available or so-called \"hot news\" and \"exclusive information\", right?</p><p>That's the truth.</p><p>To put it bluntly, if you really can't find any suitable investment opportunities, it's better to stay in the world you are familiar with and do nothing than to jump into the world you are unfamiliar with, at least you won't lose everything.</p><p>In fact, this is exactly what all successful investors do. When they can't figure out the situation, they will choose to \"stand still\" and do nothing. They just sit there, looking out the window, waiting quietly for an investment target to appear that can really convince them. Once they find something like this, they will cling to it tightly, track its development track closely, and don't put it into action until they are sure that it is foolproof.</p><p>Once the real money is thrown in, the rest is simple: you just need to wait for the investment target to appreciate. That's right, what you need to do is wait, wait patiently. The reason why you have this patience is that you have the confidence and clearly know where and when the selling point (selling your investment target) will appear.</p><p>As long as it is a field you are familiar with, no matter what changes occur, whether good or bad, you can immediately figure out the situation and take it calmly. The opposite is also true. If your investment is to follow the advice of others, you have no idea at all. That is to say, you can't figure out the most basic situations of what you are investing in and why you bought it in the first place. Understand, then if something goes wrong, you will only be blind.</p><p>Whether you are buying a car, clothes, or anything else, this truth applies: as long as you know more than others, are more professional and familiar than others, you can get favorable trading terms and buy good quality and cheap things than others.</p><p>One of the most classic lessons in the investment world is: when everyone around you fails to invest, as long as you invest in something you are familiar with, in most cases, your investment target will eventually appreciate, and it will appreciate significantly.</p><p><b>It is because so many people fail that there is a chance</b></p><p>While most people taste the bitter wine of investment failure, smart investors can handle it with ease. The more poor the economy is and everyone is discouraged, pessimistic and disappointed, the higher the return will be for those who seize the opportunity to make decisive moves when the economy recovers.</p><p>So I want to emphasize repeatedly: the iron law of investment is not to do it if you are unfamiliar with it. Never make an exception or take any chances.</p><p>As long as you can do this, you don't have to worry about not making a lot of money.</p><p>Of course, before investing, we must do a good job of investigation and research on the investment object. If you really want to make money, you should spare no effort in information collection. On the contrary, if you really can't find a suitable opportunity, putting your money in the bank and waiting for the opportunity is the only reasonable choice.</p><p>However, even putting money in the bank does not mean absolute safety. Give an example. In 2006 and 2007, quite a few people realized that the economy was out of order, because the subprime mortgage problem was getting worse at that time, but most people did nothing and watched their money in the bank and real estate go up in smoke.</p><p>Therefore, when the crisis comes, which bank is more reliable to put money in is also a question that needs great attention. Specifically, the bigger the bank, the better. The focus is not on scale, but on financial soundness. Be sure to give your hard-earned money to those financially sound banks for safekeeping, otherwise you won't even have time to cry when disaster strikes.</p><p>I personally have quite a few Russian bonds on hand. In addition to the high interest rate, the ratio of Russia's total government debt to GDP is not too high, so the financial soundness of bonds is relatively reliable. This is very appealing to me and reassuring. But that doesn't mean that you can buy Russian bonds even if you don't even know where Russia is on the map, because Jim Rogers did.</p><p>In short, ignore the advice of \"buy Russian bonds\" issued by someone in the newspaper or on the Internet. No matter what reason that advice is and whether it is correct or not, it has nothing to do with you. Because you don't understand this thing yourself. And as long as it is something you don't understand yourself, any investment behavior is wrong.</p><p>Take myself for example. I not only know the position of Russia on the map, but also know how to find Russian brokers (middlemen) like the back of my hand. As for visiting Russia in person, it is even more a cinch. So, if someone asks me: \"How should I invest in Russia?\" My answer must be: \"You shouldn't invest in Russia without knowing how to invest in Russia.\" It's that simple.</p><p>If you have the spare time to find a way to invest in Russia, it is better not to invest in Russia.</p><p>Investment is risky, and decisions must be made carefully. Even myself, who has been investing in the 1970s for nearly half a century, has not always been a victorious general.</p><p><b>Which assets must be held in a crisis</b></p><p>What assets should you hold when a crisis occurs?</p><p>Simple, dollars. I hold a lot of dollars myself.</p><p>Now that's weird. Isn't it said that the United States is the largest debtor country in the world, and the debt bubble is on the verge of bursting, and the situation is worsening day by day? In that case, why hold dollars?</p><p>Let's break down the matter. First of all, it is necessary to understand what most people think and do. When a crisis breaks out, people tend to think, \"The dollar is a safe haven.\" Yes, it is precisely because there is danger that people must find a safe place for their property, and their preferred safe haven is the dollar. Because of this, people will see that the more crisis there is, the more the dollar will appreciate. This is true even if the perpetrators of this crisis are Americans themselves.</p><p>The more severe the crisis is, the more exaggerated people's fanaticism for the US dollar and the extent of its appreciation is-note that this is a typical signal, don't miss it. And my approach is very simple, that is, decisively sell the dollar and buy something else worth investing in.</p><p>Of course, the US dollar is not the only safe haven. How to avoid risks in times of crisis is ultimately related to what kind of crisis has occurred. However, it is also true that most currencies, except the US dollar, depreciate when a crisis occurs. As for gold, although it also has investment value, generally speaking, the price of gold tends to fall in the initial stages of a crisis. The reason is very simple. A crisis will cause a shortage of cash. People who are short of money on hand often sell gold in a hurry and start cash for emergencies-note, this is another investment signal. In a high probability event, I will sell the appreciated US dollar in my hand and buy the depreciated gold and silver. However, what should be done depends on the situation at that time, and the practice will be different with different situations.</p><p>Note that in the initial stage of the crisis, even if the price of gold will fall, it will rebound quickly. When people realize that there is something wrong with their country's economy, the situation is deteriorating day by day, and the currency is constantly depreciating, the first reaction in their minds is often to buy gold and silver-history has proved this countless times.</p><p>Many experts and professors may find this phenomenon a little incredible. They may think that gold and silver can't be eaten as a meal, have no use value, and have poor liquidity compared with currency. It is a typical layman's practice to buy gold and silver to avoid safety. No need to mind, though. Most people are not experts, just ordinary people. This is what they do, that is, they want to buy gold and silver in times of crisis. Therefore, experts and adults can let these common people go and buy whatever they like!</p><p>As for me personally, I bought a lot of gold and silver a long time ago, and I bought more not long ago. In my opinion, if the price of gold and silver goes down, it will simply provide another opportunity to buy, not the other way around. The reason why I think so is that in previous crises, even if the price of gold and silver falls for a while, it will rebound quickly. This is what history has taught me about investing.</p><p>Because the severity of this crisis will be unprecedented, no matter how experts, professors and central banks clamor for \"the uselessness of gold and silver\", I believe most people will turn a deaf ear and flock to the counter selling gold and silver again. I, too, have bought a lot of gold and silver now, and I am fully prepared for the future.</p><p>In particular, gold is the favorite of Chinese people. Before China's reform and opening up, gold was difficult to buy and the price was extremely high. In addition, most people didn't have much money, so for most Chinese people, gold was a rare thing and out of reach. Today's China is completely different. Buying gold is already extremely simple. Not only can you buy gold jewelry anytime and anywhere, but you can also buy gold coins and gold futures, and you can even buy gold bars in the business hall of the Bank of China branch.</p><p>This shows the investment potential of gold.</p><p>However, again, the most taboo thing about investing is to rely on others. Other people's opinions are not important, what matters is your own investment philosophy and opinions. And my investment opinion is that the reason why I want to buy gold and silver in times of crisis is not because these things have objective financial soundness or safety, but because most people instinctively think that these things are financially sound and safe.</p><p>The same goes for the dollar. When the crisis breaks out, people will instinctively think that compared with the pound and euro, the US dollar is more reliable. Note that this is still only a subjective consciousness, not an objective fact. But it doesn't matter whether it is objective or not, because people are bound to act according to subjective consciousness. That's the real point. And as long as there is action, there must be results-this is what provides inspiration for investors.</p><p><b>What companies should do to deal with the crisis</b></p><p>In terms of dealing with the crisis, what can enterprises do to take precautions and prevent problems before they happen?</p><p>Simply, first of all, you should drastically reduce your debt. You should not only reduce your own debt, but also pay more attention to your customers' debt situation. Because once a crisis occurs, those customers who are in poor financial situation and are ridden in debt will definitely implicate you and cause you great trouble. At least payment recovery will become a big problem.</p><p>No business is willing to easily ostracize or give up any customer. I can totally understand that. But the problem is that customers with too much debt are a hot potato. Once something goes wrong, the situation often deteriorates quickly and catches you off guard. Furthermore, the fact that a customer owes so much debt shows that he already has problems, and it is obviously not harmful to you to be aware of these problems and be prepared in advance.</p><p>In the event of a crisis, even if only a few customers go bankrupt, the impact on you cannot be underestimated. To take a step back, even if your own business is in good shape and financially healthy, the bankruptcy of individual customers will have varying degrees of ripple effects on your other customers. Therefore, even if it is only for the reason of being responsible to your customers, you should pay full attention to this matter, and always be highly vigilant against those debt-ridden transactions.</p><p>Not only that, but which country your customer is an enterprise is also very important, and it needs to be strictly monitored by the above principles. Because dealing with enterprises in high-risk countries, the probability of getting into trouble is much higher than that in low-risk countries.</p><p>Another important point is to focus on the business that your enterprise is best at and has the most advantages, and try not to look forward to Shu and change your mind. Especially in times of crisis, we must not blindly pursue the so-called diversified management. Because they failed to quickly enter new business fields and implement diversification strategies, too many enterprises were criticized for \"lack of sense of speed\", and this evaluation was obviously unfair. The reason is simple, it is dangerous to blindly enter the unknown. Compared with the potential opportunities, I'm afraid the possibility of encountering more problems is greater. In fact, the more companies choose a diversified business model, the easier it is to get involved in all kinds of troubles and fall into all kinds of traps, thus leading to the continuous deterioration of business performance. Such lessons are by no means uncommon.</p><p>In short, the more difficult the period is, the more enterprises must focus on the business they are familiar with and good at, and must not be half-hearted; At the same time, we should vigorously reduce debt and avoid dealing with enterprises that owe too much debt. In addition, it is also a good strategy to develop the habit of taking stock of assets in times of crisis, find out those assets that are not necessary, and then sell them to increase your cash reserves on hand.</p><p>Finally, let's make a summary. As the saying goes, \"Cash is king.\" Because the crisis is extremely difficult to predict but it is bound to come, it is the king way to deal with the crisis to prepare enough cash in advance to prevent problems before they happen.</p><p>The key to ensuring cash flow is to sell excess assets in time and use the money to repay debts to reduce the financial burden of enterprises; Then, focus entirely on what you do best in your core business area.</p><p>As long as you can do this, no crisis can beat you or even hurt you.</p>\n<div class=\"bt-text\">\n\n\n<p> source：<a href=\"https://mp.weixin.qq.com/s/nj-n4msY-SLHhQm_Sml6-g\">腾讯美股</a></p>\n\n\n</div>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://static.tigerbbs.com/bb340175a4c52ccc61fe1cd88143e62b","relate_stocks":{".DJI":"道琼斯",".SPX":"S&P 500 Index",".IXIC":"NASDAQ Composite"},"source_url":"https://mp.weixin.qq.com/s/nj-n4msY-SLHhQm_Sml6-g","is_english":false,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1109053454","content_text":"投资界最经典的经验教训之一就是：当身边所有人都投资失败的时候，机会就来了。\n\n\n来源丨巴伦周刊\n任何常识每隔十五年必会戏剧性反转\n危机到来时，我们到底应该如何应对呢？\n首先，要彻底改变你对危机的认知方式。危机这个东西，依照一定的频率，每隔一段时期必然会发生。而你现在深信不疑的许多常识，十五年后也许就会大错特错。\n让我们再次回望历史。1930年所有人都认为绝对正确的常识，到了1945年又变成了什么样呢？显然不可能再是1930年的样子，因为第二次世界大战已经改变了一切。\n可见，对我们这个世界来说，变化才是常态，不变反而是变态。世界永远在变，从未停止。\n所以我才会一再主张每一个人都应该向历史学习，都应该敬畏历史。中国有句古话“以史为镜，可以知兴替”，就是这个意思。\n当然，常识的反转周期不一定非得是十五年。有时也许是十年，有时也许是二十五年。但是，当我们追溯海量的历史数据时，会发现大体上每隔十到十五年，一次巨大的变化便会来临。这是一个大概率事件。\n举个例子。1991年，曾经与美国并肩的超级大国苏联解体了。这在十年前的1981年几乎是不可想象的事情。1989年柏林墙倒塌后，仅仅两年时间，苏联这个所谓“红色帝国”便彻底消失了。受此影响，许多人断言资本主义意识形态取得了历史性的“终极胜利”，其结果已然不可逆转。其中最具代表性的，就是日裔美国学者弗朗西斯·福山发表的“历史终结论”。可区区十五年之后，恰恰是资本主义自身发生了严重危机，而以中国为代表的诸多社会主义国家，却是一片欣欣向荣、蒸蒸日上的景象。特别是中国的强劲发展，甚至把欧美等发达国家从次贷危机的泥潭中拉了出来。\n由此，我可以断言，今天我们认为是常识的东西全部都是错的，未来的历史必然会证明这一点。这绝不是什么言过其实，更加谈不上耸人听闻。如果你想成为一个成功的投资家，务必深刻理解这一点。\n那么，常识反转的契机又是什么呢？简单，是危机。从某种意义上说，危机并不坏，甚至是一个好东西，是绝佳的机会。\n在汉语中，“危机”这个词是由“危”和“机”两个部分构成的，意味着危险与机会永远是一枚硬币的两面，如影随形、相辅相成。\n当报纸的“社会经济”版面被可怕的大字标题与危机的消息所覆盖时，你可能会本能地这样想：“上帝啊，这可真是太惨了！”可是，另一些人也许与你的想法不一样。他们会这样想：“感谢上苍，这简直是天赐良机！”\n不错。无论是“9·11”事件这样的人祸，还是“日本大海啸”这样的天灾，所有灾难对我们这个世界以及全人类来说都是令人悲伤的事情，可是，对投资家而言，这些危机也同时意味着机会。因为危机前后的世界，将有巨大的不同。驾驭这些不同，而不是被其吞没；主动出击，而不是被动等待，是成为人生赢家的必经之路。这才是真正的勇者和智者之所为。\n即便危机爆发也无须绝望\n要记住，即便在危机中失去一切，即便陷入沮丧与绝望的深渊，凤凰涅槃、绝处逢生的机会也永远存在。因为绝望越深、越重，机会来临时的幸福也便越沉、越满。事实上，这个世界上越成功的人物，曾经历过的绝望便越为深重，越难以忍受。从来如此，从无例外。\n所以，对那些经历危机而悲观厌世的人，我想这样说：“没关系，不要紧。无论发生了多坏的事，天也塌不下来。何止如此，十五年之后就会完全变天，那时就是你重生的机会。”\n没错，无论你的人生被危机如何摧残，也无论你的心情如何沮丧绝望，也要顽强地活下去。只要活着，就会迎来转机。这是人生常态，也是自然规律。正如中国那句古老的谚语所言：“留得青山在，不怕没柴烧。”\n我自己的人生经历，就是一个鲜活的例子。曾经有一个好友，因为被妻子抛弃而选择了自杀这条不归路；我本人也曾因离婚长期情绪低迷，而现在却每天都在感谢上帝的恩赐。因为在离婚的十五年之后，我又重新沐浴在幸福中，每天过着快乐的生活。我的经历绝非个例。相同的人和事每天都在我们身边发生，只是你没有意识到罢了。\n事实上，每一个人都会在人生的某个阶段因为某个理由而悲观绝望。但所有的悲观厌世者一定有一个共通点，那就是对历史的无知，即对“十五年后自己的人生将截然不同”这一点一无所知。不妨想象一下：如果放弃自杀的念头，未来也许有一个极为精彩的人生在前方等着你也说不定。\n以美国和日本的数据来看，绝大多数自杀者都是20岁前后的年轻人。这实在是太可惜了。如果他们不死，十五年后，当他们35岁的时候，世界将大为不同，他们的人生也将截然不同。这绝对是大概率事件。至少值得期望一下，等待一次。还是那句话，无论发生了什么事，也无论这件事带给你多大的摧残和打击，等一等，未来会不一样。\n以日本为例。1965年日经指数崩盘的时候，想必有许多人陷入了绝望的深渊。但是，那之后的日本在极短的时间内满血复活，到1980年迎来了繁荣的巅峰。掐指一算，正好十五年。\n美国也一样。1930年的美国，有多少人由于在空前的“大萧条”中失去一切而轻生，可如果当时他们能选择顽强地活下去，熬到1945年，便会迎来戏剧性的命运转机。因为1945年第二次世界大战结束时的美国，其国力之鼎盛堪称空前绝后。\n掐指一算，又是十五年。股神巴菲特有一句名言：“永远不要做空美国，因为这个国家有无限潜力。”我也想借花献佛，对每一个深陷绝望中的人说：“永远不要做空自己的人生，因为你的人生有无限潜力。”这不是安慰，是事实。\n应对危机的第一要务\n那么，应对危机的第一要务是什么呢？\n简单，要对这个世界正在发生什么有个清醒的认识。\n遗憾的是，绝大多数人做不到这一点。有太多的人即便周边发生了无数危机的征兆，也表现得无动于衷，不能做到积极地探寻这些征兆背后的深刻含意。所以说，一定要对这个世界的运行机制，以及由此导致的所有表象随时保持正确的敏感与清晰的理解。\n比如说，印度的金融体系到底发生了什么，必须探求所有征兆的蛛丝马迹。无论你发现了什么，看见了什么，一定要保持这样的思维和行为方式。特别需要注意的是，当你这样做的时候，千万不要试图咨询他人的意见。一定要保持独立性，切忌依赖他人。否则当问题发生的时候，就有你受的了——那些不会用自己的脑袋思考，只知道随他人意志起舞的人，一旦进展不顺，便会表现得彻底蒙圈，手足无措。\n所以说投资这码事，只适合选择自己熟悉的事、擅长的事。否则，买了自己都搞不懂的东西，万一有点什么差池，想不蒙圈都难。\n这就是所谓“不熟不做”的道理。\n所有人都喜欢“热点消息”“独家情报”。特别对我这样的资深投资家来说，每个人都想从我这儿搞到点“内部消息”，都希望从我嘴里说一句“哥们儿，买这个吧！绝对稳赚不赔！”可这些人没有意识到，当他们依赖别人的时候，他们自己便会成为无能的人。\n所以还是那句话：相信自己的脑袋，只在自己知道的东西、熟悉的东西身上花钱。这样做就对了。\n不妨这样想问题：假设你漫长的人生中，顶天了只有二十次投资机会，你会怎么做？不出意料的话，你一定会对你的潜在投资标的无比谨慎，无比专注对吗？“我从某某那儿听说了一个特别棒的投资项目！”——这种异想天开的念头不会再有了对吗？也不会再满世界地寻找那些有的没的或者是所谓“热点消息”“独家情报”了对吗？\n就是这个道理。\n不客气地说，如果实在找不到什么合适的投资机会，待在你自己熟悉的世界里什么都不做，也比跳进你不熟悉的世界瞎折腾强，至少不会血本无归。\n事实上，这正是所有成功的投资家的做法。当搞不清状况的时候，他们会选择“按兵不动”，什么都不做。他们只是坐在那里，望着窗外，静静地等待，等待一个能真正说服自己的投资标的出现。一旦发现这样的东西，他们便会紧紧地抓住不放，密切地追踪它的发展轨迹，一直到确信万无一失才会付诸行动。\n一旦把真金白银砸进去，剩下的事就简单了：你只需静待投资标的升值即可。没错，你需要做的事还是等待，耐心地等待。之所以你有这份耐心，是因为你有信心，明确地知道卖点（出手你的投资标的）在哪里以及会在什么时候出现。\n只要是自己熟悉的领域，无论发生任何变化，忽好还是忽坏，你都能立刻搞清楚状况，泰然处之。反之亦然，如果你的投资是听从他人的建议，自己完全没过脑子，也就是说，你投资的东西到底是个什么玩意儿，自己当初为什么买了它，这些最基本的状况你都搞不懂，那万一出现什么闪失，你就只有抓瞎的份儿了。\n无论是买车、买衣服，还是买其他任何东西，这个道理都适用：只要你比别人知道得多，比别人更专业、更熟悉，你就比别人更能得到有利的交易条件，买到物美价廉的东西。\n投资界最经典的经验教训之一就是：当身边所有人均投资失败的时候，只要你投资的是一个自己熟知的事物，在大多数情况下，你的投资标的最终都能升值，而且是大幅升值。\n正因为有太多的人失败，所以才有机会\n当绝大多数人品尝投资失败的苦酒时，聪明的投资者却能游刃有余。越是在景气不佳，每一个人都灰心丧气、悲观失望的时候，抓住机会果断出手的人在景气恢复时得到的回报就越高。\n所以我要反复强调：投资的铁律是不熟不做。万万不可破例，不可心存侥幸。\n只要你能做到这一点，就不愁赚不到大钱。\n当然，在投资前，必须针对投资对象做好充分的调查研究。如果真心想赚钱，就应该在信息收集方面不惜劳力。反之，如果实在找不到合适的机会，把钱放在银行静待时机才是唯一合理的选择。\n不过，即便是把钱放银行，也并不意味着绝对安全。举个例子。2006年和2007年，有相当多的人已经意识到经济出了状况，因为彼时次贷问题已然日益严重，可是大多数人却什么也没做，眼睁睁地看着自己银行里的钱和名下的不动产化为乌有。\n所以，当危机来临时，把钱放在哪家银行更靠谱一些也是一个需要高度注意的问题。具体地说，银行这个东西，绝不是越大越好，重点不是规模，而是财务健全度。一定要把自己的血汗钱交给那些财务健全的银行保管，否则灾难降临时你连哭都来不及。\n我个人手头有不少俄罗斯债券。除了利息较高之外，俄罗斯的政府总债务占GDP的比例不算太高，因此相对来说债券的财务健全度比较靠谱。这一点非常吸引我，也让我放心。但这并不是说，即便你连俄罗斯在地图上的位置都搞不清楚，也可以购买俄罗斯的债券，理由是吉姆·罗杰斯这样做了。\n总之，不要理睬报纸或互联网上某个人发出的“购买俄罗斯债券”的建议，无论那个建议出于什么理由以及是否正确都与你无关。因为这个东西你自己不了解。而只要是你自己不了解的东西，任何投资行为都是错误的。\n就拿我自己来说，我不但知道俄罗斯在地图上的位置，也对如何寻找俄罗斯掮客（中间人）了如指掌。至于亲自造访俄罗斯本土则更是不在话下。所以，如果有人问我：“应该如何投资俄罗斯？”我的回答一定是：“如果不知道如何投资俄罗斯，你就不应该投资俄罗斯。”就这么简单。\n如果有那个闲工夫去找投资俄罗斯的方法，那还不如不投资俄罗斯。\n投资有风险，决策须谨慎。即便是我自己，从20世纪70年代开始做投资这一行，迄今已经近半个世纪了，也并不总是常胜将军。\n哪些资产是危机时必须持有的\n危机发生时，应该持有哪些资产呢？\n简单，美元。我本人就持有大量美元。\n这就奇怪了。不是说美国是世界上最大的债务国，债务泡沫已近破裂的边缘，且情况正日益恶化吗？既然如此，为何还要持有美元呢？\n让我们来分析一下这件事。首先，必须理解大多数人的想法和做法。当危机爆发时，人们往往会这么想：“美元是安全的避难所。”没错，正因为有危险，所以人们必须为自己的财产找个安全的地方，而他们首选的避险工具就是美元。正因为这样，人们会看到：往往越是有危机，美元就越会升值。哪怕这个危机的肇事者是美国人自己，亦是如此。\n危机越严重，人们对美元的狂热以及美元升值的幅度就越夸张——注意，这是一个典型的信号，千万不要错过。而我的做法也很简单，那就是果断地卖掉美元，再买点什么别的值得投资的东西。\n当然，美元不是唯一的避险工具。危机时应该如何避险，归根结底与发生了什么样的危机有关。不过，除了美元之外，危机发生的时候大多数货币都会贬值，这也是事实。至于黄金，尽管也有投资价值，不过一般来说在危机的最初阶段，金价往往会下跌。理由很简单，危机发生会造成现金短缺，手头缺钱的人们往往会匆匆卖掉黄金，入手现金来应急——注意，这又是一个投资信号。大概率事件我会卖掉手中已然升值的美元，买入贬值的黄金和白银。不过，到底应该怎么做也要看当时的情况，随着情况不同，做法也会有所不同。\n千万注意，在危机的初始阶段黄金价格即便会下跌，也会迅速反弹。当人们意识到自己国家的经济出了问题，情况日益恶化，货币不断贬值的时候，脑袋里的第一个反应，往往就是买金和买银——历史无数次地证明了这一点。\n对这种现象，很多专家教授可能会觉得有些不可思议。他们也许会认为金银又不能当饭吃，没什么使用价值，和货币相比流动性又差，靠买金银避险是典型的外行人的做法。不过，没必要介意。绝大多数人都不是专家，只是市井小民而已。他们的做法就是这样，就是要在发生危机的时候买金和买银。所以专家大人们大可以放这些庶民一马，随他们爱买啥买啥吧！\n至于我个人，从很久以前就入手了不少金银，且不久之前又多买了一些。在我看来，如果金银的价格下跌，只不过是提供了又一个买入的机会，而不是相反。之所以这么想，是因为在历次危机中，金银的价格即便一时下跌，也会迅速反弹。这就是历史教给我的投资之道。\n正因为这一次危机的严重程度将是空前的，所以无论专家教授和各国央行如何鼓噪“金银无用论”，相信大多数人也会充耳不闻，并再一次蜂拥到售卖金银的柜台前。我也一样，现已买入大量金银，为未来做好了万全的准备。\n特别需要指出的是，黄金是中国人的最爱。中国改革开放以前，黄金不好买且价格极高，再加上绝大多数人都没什么钱，所以对大多数中国人来说，黄金是一个稀罕物，可望而不可即。今天的中国则截然不同。买金子已然异常简单。不但可以随时随地购买黄金饰品，还可以买金币和黄金期货，去中行分行的营业厅甚至可以买到金条。\n可见黄金的投资潜力。\n不过，还是那句话，投资这码事最忌讳的就是仰仗他人。别人的意见不重要，重要的是自己的投资理念和见解。而我的投资见解是：之所以危机时要买金银，不是因为这些东西拥有客观上的财务健全性或安全性，而是因为大多数人都会本能地这样认为，即“认为”这些东西在财务上是健全和安全的。\n美元也一样。危机爆发时，人们会本能地认为与英镑和欧元相比，美元更靠谱一些。注意，这依然只是一种主观意识，而不是客观事实。但是否客观已然不重要，因为人们必然会依照主观意识行动。这才是真正的重点。而只要有行动便必然有结果——为投资家提供灵感的，就是这一点。\n应对危机，企业应该做什么\n在应对危机方面，企业怎么做才能未雨绸缪，防患于未然呢？\n简单，首先应该大幅削减债务，不但要减少自己的债务，还要多多关注客户的债务情况。因为一旦发生危机，那些财务状况不佳，债务缠身的客户绝对会连累你，给你造成巨大的麻烦。起码货款回收就会成为大问题。\n没有一家企业愿意轻易排斥或放弃任何一个客户。这一点我完全能理解。可问题是，欠债过多的客户是块烫手山芋，一旦出问题，情况往往会迅速恶化，令你措手不及。再者说，客户欠这么多债，本身就说明他已经有问题，而对这些问题了然于胸，并提前做好准备，显然对你没有坏处。\n一旦发生危机，即便只有几个客户破产，对你的影响也不容小觑。退一步讲，就算你自己的企业状态良好，财务健康，个别客户破产对你的其他客户也会有不同程度的波及效应。所以哪怕仅仅是出于对客户负责的理由，你也要充分重视这件事，要时时刻刻对那些债务缠身的交易方保持高度警惕。\n不只如此，你的客户是哪一个国家的企业，这一点也很重要，也需要用上述原则予以严格监控。因为与高风险国家的企业打交道，陷入麻烦的概率要远高于低风险国家。\n还有一点很重要，那就是专注做你的企业最擅长、最有优势的业务，尽量不要得陇望蜀，见异思迁。特别是危机的时候，万万不可盲目追求所谓多角化经营。由于没能快速进入新的商业领域，没有实行多角化策略，有太多企业受到“缺乏速度感”的批评，而这种评价显然是不公正的。理由很简单，盲目进入未知领域很危险。与潜在的机遇相比，恐怕遇到更多问题的可能性更大。事实上，越是那些选择多元化业务模式的企业，越容易卷入各种各样的麻烦，掉进各种各样的陷阱，从而令经营业绩不断恶化。这样的教训绝不鲜见。\n总之，越是困难时期，企业便越要专注于自己熟悉、擅长的业务，千万不能三心二意；与此同时，还要大力削减债务，避免与那些欠债太多的企业打交道。另外，危机时养成盘点资产的习惯，找出那些必要性不大的资产，然后卖掉它们，增加手头的现金储备，也不失为一个良策。\n最后，让我们来做一个小结。常言道：“现金为王”，正因为危机极难预知却必然会到来，所以提前备好足够的现金以防患于未然，是应对危机的王道。\n而确保现金流的关键一招是及时卖掉多余的资产，用这笔钱偿还债务，以减轻企业的财务负担；然后，完全专注于自己最擅长的核心业务领域。\n只要你能做到这些，任何危机都打不倒你，甚至伤不到你。","news_type":1,"symbols_score_info":{".DJI":0.9,".IXIC":0.9,".SPX":0.9}},"isVote":1,"tweetType":1,"viewCount":424,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9929039056,"gmtCreate":1670558120376,"gmtModify":1676538393836,"author":{"id":"3582091132450948","authorId":"3582091132450948","name":"Terence_513","avatar":"https://community-static.tradeup.com/news/b88a974714a7fb6c069c91664088950c","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3582091132450948","idStr":"3582091132450948"},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/09618\">$京東集團-SW(09618)$&nbsp;</a><v-v data-views=\"0\"></v-v>","listText":"<a href=\"https://ttm.financial/S/09618\">$京東集團-SW(09618)$&nbsp;</a><v-v data-views=\"0\"></v-v>","text":"$京東集團-SW(09618)$","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/9929039056","isVote":1,"tweetType":1,"viewCount":690,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9966396219,"gmtCreate":1669416487832,"gmtModify":1676538193834,"author":{"id":"3582091132450948","authorId":"3582091132450948","name":"Terence_513","avatar":"https://community-static.tradeup.com/news/b88a974714a7fb6c069c91664088950c","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3582091132450948","idStr":"3582091132450948"},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/GOOG\">$谷歌(GOOG)$&nbsp;</a><v-v data-views=\"1\"></v-v>","listText":"<a href=\"https://ttm.financial/S/GOOG\">$谷歌(GOOG)$&nbsp;</a><v-v data-views=\"1\"></v-v>","text":"$谷歌(GOOG)$","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/9966396219","isVote":1,"tweetType":1,"viewCount":611,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":882951674,"gmtCreate":1631656476698,"gmtModify":1676530599145,"author":{"id":"3582091132450948","authorId":"3582091132450948","name":"Terence_513","avatar":"https://community-static.tradeup.com/news/b88a974714a7fb6c069c91664088950c","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3582091132450948","idStr":"3582091132450948"},"themes":[],"htmlText":"?","listText":"?","text":"?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/882951674","repostId":"1149180242","repostType":2,"isVote":1,"tweetType":1,"viewCount":458,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":891631475,"gmtCreate":1628385214697,"gmtModify":1703505571226,"author":{"id":"3582091132450948","authorId":"3582091132450948","name":"Terence_513","avatar":"https://community-static.tradeup.com/news/b88a974714a7fb6c069c91664088950c","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3582091132450948","idStr":"3582091132450948"},"themes":[],"htmlText":"&nbsp;?","listText":"&nbsp;?","text":"?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/891631475","repostId":"2157497292","repostType":2,"repost":{"id":"2157497292","kind":"news","pubTimestamp":1628383863,"share":"https://ttm.financial/m/news/2157497292?lang=en_US&edition=fundamental","pubTime":"2021-08-08 08:51","market":"us","language":"zh","title":"Rhino Finance Morning Post: Ali responded to \"female employees were violated\" Lin Yuan responded to \"angry investors\"","url":"https://stock-news.laohu8.com/highlight/detail?id=2157497292","media":"GPLP犀牛财经","summary":"林园回应称，这是对他言论的误读。林园表示，现场没有投资者对他的业绩提出质疑，因此不存在“怒怼客户”，只是主动提前提示风险。阿里回应“女员工被侵害”：决不容忍 内部成立调查组 涉嫌员工已停职调查GPLP犀牛财经8月8日消息：针对网传“阿里巴巴女员工被侵害”一事，阿里巴巴官方回应称：决不容忍，全力配合警方，涉嫌员工已停职接受警方调查。","content":"<p><html><body><article><strong>Author:</strong><strong>Ode to Orange</strong></p><p><strong>Source: GPLP Rhino Finance (ID: gplpcn)</strong></p><p><img src=\"https://fid-75186.picgzc.qpic.cn/20210808085103965d1977xh9ch7w2pi\"/><strong><a href=\"https://laohu8.com/S/JPM\">JPMorgan Chase</a>Securities will become China's first wholly foreign-owned securities company</strong></p><p>GPLP Rhino Finance August 8th news: The China Securities Regulatory Commission has transferred the shares held by five domestic shareholders to JPMorgan Chase International Capital Co., Ltd., the controlling shareholder of JPMorgan Chase Securities (China) Co., Ltd., and became the sole shareholder of JPMorgan Chase Securities (China). Matters approved for filing. JPMorgan Securities (China) will become the first wholly foreign-owned securities company in China.</p><p><strong>The wholly foreign-owned public offering Fidelity Fund was approved for establishment</strong></p><p>GPLP Rhino Finance News on August 8: Fidelity Fund was approved to be established, becoming the second approved wholly foreign-owned public offering in China, marking<a href=\"https://laohu8.com/S/00170\">China Capital</a>The opening of the market to the outside world is still progressing steadily. It is reported that many foreign-funded institutions such as Neuberger Berman, Fanda, AllianceBernstein, and Schroder are also queuing up to apply for public fund licenses.</p><p><strong>Lin Yuan responded to \"angry investors\": the outside world misunderstood the original intention to remind risks</strong></p><p>GPLP Rhino Finance News on August 8: The news that Lin Yuan, a private equity tycoon with tens of billions, \"angered customers\" in an online roadshow caused controversy. Lin Yuan responded that this was a misunderstanding of his remarks. \"The object of this live broadcast is sales employees of third-party institutions and qualified investors of private equity funds.\" His original intention is to warn risks in advance, \"Ugly words come ahead\", reminding all third-party sales employees not to sell funds hard, customers must have full psychological expectations and awe of risks. Lin Yuan said that no investors at the scene questioned his performance, so there was no \"angry customer\", but he only actively warned the risks in advance.</p><p><strong>8 securities firms and 18 sponsor representatives received fines</strong></p><p>GPLP Rhino Finance News on August 8: According to the Securities Times, the China Securities Regulatory Commission announced the administrative supervision measures and self-discipline and disciplinary measures taken by the China Securities Regulatory Commission system on the investment banking business since the second quarter. There are 13 administrative supervision measures, 8 securities firms and 18 A sponsor representative received the fine, and the institutions involved include Essence Securities,<a href=\"https://laohu8.com/S/002797\">First Venture</a>Securities underwriting sponsorship,<a href=\"https://laohu8.com/S/000686\">Northeast Securities</a>、<a href=\"https://laohu8.com/S/002926\">West China Securities</a>, Hongxin Securities,<a href=\"https://laohu8.com/S/600837\">Haitong Securities</a>、<a href=\"https://laohu8.com/S/600109\">Sinolink Securities</a>And<a href=\"https://laohu8.com/S/000750\">Guohai Securities</a>。 The securities firms that received fines in this round are related to lax control of bond business and IPO sponsorship business.</p><p><strong>Ali responds to \"female employees being violated\": It will never tolerate the establishment of an internal investigation team. Suspected employees have been suspended for investigation</strong></p><p>GPLP Rhino Finance News on August 8: In response to online rumors \"<a href=\"https://laohu8.com/S/BABA\">Alibaba</a>\"Female employees were violated\", Alibaba officially responded: It will never tolerate it and fully cooperate with the police. The suspected employees have been suspended for police investigation. At the same time, Alibaba has set up an independent investigation team led by Jiang Fang to conduct a comprehensive investigation into this matter and the whole process of reporting in the company after the incident, and announce the investigation results to all employees.</p><p><strong>Rongxin won Dehuai Semiconductor for 1.666 billion yuan,<a href=\"https://laohu8.com/S/002594\">BYD</a>Semiconductor No Bid</strong></p><p>GPLP Rhino Finance News on August 8: According to<a href=\"https://laohu8.com/S/JD\">JD.com</a>Bankruptcy auction platform information, Rongxin Semiconductor successfully won the overall auction of semiconductor manufacturing company Dehuai Semiconductor Co., Ltd. for RMB 1.666 billion<span>Assets</span>。 It is reported that among the buyers participating in the auction, in addition to Rongxin, it also includes BYD Semiconductor, whose recent IPO application has been accepted and plans to list on the GEM. BYD Semiconductor confirmed that \"the company signed up, but did not actually participate in the auction.\"</p><p><strong>The second instance of Qianhai Kaiyuan subsidiary's New Third Board asset management plan dispute case was revised, and all 10 investors were compensated</strong></p><p>GPLP Rhino Finance August 8th news: Shenzhen Intermediate People's Court recently made a second-instance judgment on the dispute over the New Third Board asset management plan of Qianhai Kaiyuan subsidiary. Seven plaintiffs and investors who did not receive court support in the first instance will soon receive compensation. Previously, 10 plaintiffs held the same causes and requests of litigation, but due to different risk assessment results, only 3 people in the first instance received court support and compensation. Regarding the result of the second-instance judgment, Qianhai Kaiyuan Assets lately responded, \"The company respects the judicial rules, but for the result of the second-instance judgment, while understanding and respecting the demands of investors, it will continue to safeguard its legitimate rights and interests by legal means.\"</p><p></article></body></html></p>","source":"tencent","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>Rhino Finance Morning Post: Ali responded to \"female employees were violated\" Lin Yuan responded to \"angry investors\"</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\">\nRhino Finance Morning Post: Ali responded to \"female employees were violated\" Lin Yuan responded to \"angry investors\"\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">GPLP犀牛财经</strong><span class=\"h-time small\">2021-08-08 08:51</span>\n</p>\n</h4>\n</header>\n<article>\n<p><html><body><article><strong>Author:</strong><strong>Ode to Orange</strong></p><p><strong>Source: GPLP Rhino Finance (ID: gplpcn)</strong></p><p><img src=\"https://fid-75186.picgzc.qpic.cn/20210808085103965d1977xh9ch7w2pi\"/><strong><a href=\"https://laohu8.com/S/JPM\">JPMorgan Chase</a>Securities will become China's first wholly foreign-owned securities company</strong></p><p>GPLP Rhino Finance August 8th news: The China Securities Regulatory Commission has transferred the shares held by five domestic shareholders to JPMorgan Chase International Capital Co., Ltd., the controlling shareholder of JPMorgan Chase Securities (China) Co., Ltd., and became the sole shareholder of JPMorgan Chase Securities (China). Matters approved for filing. JPMorgan Securities (China) will become the first wholly foreign-owned securities company in China.</p><p><strong>The wholly foreign-owned public offering Fidelity Fund was approved for establishment</strong></p><p>GPLP Rhino Finance News on August 8: Fidelity Fund was approved to be established, becoming the second approved wholly foreign-owned public offering in China, marking<a href=\"https://laohu8.com/S/00170\">China Capital</a>The opening of the market to the outside world is still progressing steadily. It is reported that many foreign-funded institutions such as Neuberger Berman, Fanda, AllianceBernstein, and Schroder are also queuing up to apply for public fund licenses.</p><p><strong>Lin Yuan responded to \"angry investors\": the outside world misunderstood the original intention to remind risks</strong></p><p>GPLP Rhino Finance News on August 8: The news that Lin Yuan, a private equity tycoon with tens of billions, \"angered customers\" in an online roadshow caused controversy. Lin Yuan responded that this was a misunderstanding of his remarks. \"The object of this live broadcast is sales employees of third-party institutions and qualified investors of private equity funds.\" His original intention is to warn risks in advance, \"Ugly words come ahead\", reminding all third-party sales employees not to sell funds hard, customers must have full psychological expectations and awe of risks. Lin Yuan said that no investors at the scene questioned his performance, so there was no \"angry customer\", but he only actively warned the risks in advance.</p><p><strong>8 securities firms and 18 sponsor representatives received fines</strong></p><p>GPLP Rhino Finance News on August 8: According to the Securities Times, the China Securities Regulatory Commission announced the administrative supervision measures and self-discipline and disciplinary measures taken by the China Securities Regulatory Commission system on the investment banking business since the second quarter. There are 13 administrative supervision measures, 8 securities firms and 18 A sponsor representative received the fine, and the institutions involved include Essence Securities,<a href=\"https://laohu8.com/S/002797\">First Venture</a>Securities underwriting sponsorship,<a href=\"https://laohu8.com/S/000686\">Northeast Securities</a>、<a href=\"https://laohu8.com/S/002926\">West China Securities</a>, Hongxin Securities,<a href=\"https://laohu8.com/S/600837\">Haitong Securities</a>、<a href=\"https://laohu8.com/S/600109\">Sinolink Securities</a>And<a href=\"https://laohu8.com/S/000750\">Guohai Securities</a>。 The securities firms that received fines in this round are related to lax control of bond business and IPO sponsorship business.</p><p><strong>Ali responds to \"female employees being violated\": It will never tolerate the establishment of an internal investigation team. Suspected employees have been suspended for investigation</strong></p><p>GPLP Rhino Finance News on August 8: In response to online rumors \"<a href=\"https://laohu8.com/S/BABA\">Alibaba</a>\"Female employees were violated\", Alibaba officially responded: It will never tolerate it and fully cooperate with the police. The suspected employees have been suspended for police investigation. At the same time, Alibaba has set up an independent investigation team led by Jiang Fang to conduct a comprehensive investigation into this matter and the whole process of reporting in the company after the incident, and announce the investigation results to all employees.</p><p><strong>Rongxin won Dehuai Semiconductor for 1.666 billion yuan,<a href=\"https://laohu8.com/S/002594\">BYD</a>Semiconductor No Bid</strong></p><p>GPLP Rhino Finance News on August 8: According to<a href=\"https://laohu8.com/S/JD\">JD.com</a>Bankruptcy auction platform information, Rongxin Semiconductor successfully won the overall auction of semiconductor manufacturing company Dehuai Semiconductor Co., Ltd. for RMB 1.666 billion<span>Assets</span>。 It is reported that among the buyers participating in the auction, in addition to Rongxin, it also includes BYD Semiconductor, whose recent IPO application has been accepted and plans to list on the GEM. BYD Semiconductor confirmed that \"the company signed up, but did not actually participate in the auction.\"</p><p><strong>The second instance of Qianhai Kaiyuan subsidiary's New Third Board asset management plan dispute case was revised, and all 10 investors were compensated</strong></p><p>GPLP Rhino Finance August 8th news: Shenzhen Intermediate People's Court recently made a second-instance judgment on the dispute over the New Third Board asset management plan of Qianhai Kaiyuan subsidiary. Seven plaintiffs and investors who did not receive court support in the first instance will soon receive compensation. Previously, 10 plaintiffs held the same causes and requests of litigation, but due to different risk assessment results, only 3 people in the first instance received court support and compensation. Regarding the result of the second-instance judgment, Qianhai Kaiyuan Assets lately responded, \"The company respects the judicial rules, but for the result of the second-instance judgment, while understanding and respecting the demands of investors, it will continue to safeguard its legitimate rights and interests by legal means.\"</p><p></article></body></html></p>\n<div class=\"bt-text\">\n\n\n<p> source：<a href=\"http://gu.qq.com/resources/shy/news/detail-v2/index.html#/?id=nesSN202108080851067c2b04b6&s=b\">GPLP犀牛财经</a></p>\n\n\n</div>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://static.tigerbbs.com/f98a08f234fb3dfe04b5578614dea292","relate_stocks":{"BABA":"阿里巴巴","09988":"阿里巴巴-W","QNETCN":"纳斯达克中美互联网老虎指数"},"source_url":"http://gu.qq.com/resources/shy/news/detail-v2/index.html#/?id=nesSN202108080851067c2b04b6&s=b","is_english":false,"share_image_url":"https://static.laohu8.com/9a95c1376e76363c1401fee7d3717173","article_id":"2157497292","content_text":"作者：橘颂来源：GPLP犀牛财经（ID:gplpcn）摩根大通证券将成中国首家外资全资控股证券公司GPLP犀牛财经8月8日消息：证监会已对摩根大通证券（中国）有限公司控股股东——摩根大通国际金融有限公司受让5家内资股东所持股权，成为摩根大通证券（中国）唯一股东的事项准予备案。摩根大通证券（中国）将成为中国首家外资全资控股的证券公司。外资独资公募富达基金获批设立GPLP犀牛财经8月8日消息：富达基金获批设立，成为国内第二家获批的外资独资公募，标志着中国资本市场对外开放仍在稳步推进。据悉，路博迈、范达、联博、施罗德等多家外资机构也正在排队申请公募基金牌照。林园回应“怒怼投资者”：外界误读 本意是提示风险GPLP犀牛财经8月8日消息：民间派百亿私募大佬林园在一场线上路演中“怒怼客户”的消息引发争议。林园回应称，这是对他言论的误读。“这场直播的对象是第三方机构的销售员工及私募基金合格投资者”，他的本意是想在事前提示风险，“丑话说在前头”，提示所有的第三方销售员工，不要硬卖基金，一定要让客户对风险有充分的心理预期和敬畏。林园表示，现场没有投资者对他的业绩提出质疑，因此不存在“怒怼客户”，只是主动提前提示风险。8家券商和18位保荐代表人领罚单GPLP犀牛财经8月8日消息：据证券时报，证监会集中公布了二季度以来，证监会系统对投行业务采取的行政监管措施、自律惩戒措施，共有13条行政监管举措，8家券商和18位保荐代表人领罚单，涉及的机构有安信证券、第一创业证券承销保荐、东北证券、华西证券、宏信证券、海通证券、国金证券和国海证券。此轮领罚单的券商，和债券业务、首发（IPO）保荐业务把关不严有关。阿里回应“女员工被侵害”：决不容忍 内部成立调查组 涉嫌员工已停职调查GPLP犀牛财经8月8日消息：针对网传“阿里巴巴女员工被侵害”一事，阿里巴巴官方回应称：决不容忍，全力配合警方，涉嫌员工已停职接受警方调查。同时，阿里巴巴内部已由蒋芳牵头成立独立调查组，对此事和事发后在公司内举报全过程进行全面调查，并向全体员工公布调查结果。荣芯16.66亿元拍得德淮半导体，比亚迪半导体未出价GPLP犀牛财经8月8日消息：据京东破产拍卖平台信息，荣芯半导体成功以16.66亿元人民币拍得半导体制造企业德淮半导体有限公司整体资产。据悉，参与竞拍的买方中，除荣芯外，还包括近期IPO申请已获受理，计划登陆创业板的比亚迪半导体。比亚迪半导体证实，“公司报名，但未实际参与竞拍。”前海开源子公司新三板资管计划纠纷案二审改判，10名投资者均获得赔偿GPLP犀牛财经8月8日消息：深圳市中级人民法院日前针对前海开源子公司新三板资管计划纠纷作出二审判决，一审未获得法院支持的7位原告暨投资者即将获得赔偿。此前，10名原告秉持同样的诉讼原因和请求，但由于风险评估结果的不同，一审仅3人获得了法院支持、拿到赔偿。对于二审判决结果，前海开源资产最新回应表示，“公司尊重司法裁判规则，但是对于此次二审判决的结果，在理解和尊重投资者诉求的同时，会继续以法律手段维护自身的合法权益。”","news_type":1,"symbols_score_info":{"48568":0.6,"48710":0.6,"09988":0.6,"QNETCN":0.6,"BABA":0.9}},"isVote":1,"tweetType":1,"viewCount":345,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":805278929,"gmtCreate":1627887789361,"gmtModify":1703497227453,"author":{"id":"3582091132450948","authorId":"3582091132450948","name":"Terence_513","avatar":"https://community-static.tradeup.com/news/b88a974714a7fb6c069c91664088950c","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3582091132450948","idStr":"3582091132450948"},"themes":[],"htmlText":"?","listText":"?","text":"?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/805278929","repostId":"1161681018","repostType":4,"isVote":1,"tweetType":1,"viewCount":773,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":187035614290032,"gmtCreate":1686702458685,"gmtModify":1686702462837,"author":{"id":"3582091132450948","authorId":"3582091132450948","name":"Terence_513","avatar":"https://community-static.tradeup.com/news/b88a974714a7fb6c069c91664088950c","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3582091132450948","idStr":"3582091132450948"},"themes":[],"htmlText":"come and play tiger game tonight and get some&nbsp;","listText":"come and play tiger game tonight and get some&nbsp;","text":"come and play tiger game tonight and get some","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/187035614290032","isVote":1,"tweetType":1,"viewCount":2810,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9942559711,"gmtCreate":1681259265334,"gmtModify":1681259270700,"author":{"id":"3582091132450948","authorId":"3582091132450948","name":"Terence_513","avatar":"https://community-static.tradeup.com/news/b88a974714a7fb6c069c91664088950c","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3582091132450948","idStr":"3582091132450948"},"themes":[],"htmlText":"tiger woods and his dad and dad were in town for some reason","listText":"tiger woods and his dad and dad were in town for some reason","text":"tiger woods and his dad and dad were in town for some reason","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9942559711","isVote":1,"tweetType":1,"viewCount":736,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9942088955,"gmtCreate":1681084292677,"gmtModify":1681084296326,"author":{"id":"3582091132450948","authorId":"3582091132450948","name":"Terence_513","avatar":"https://community-static.tradeup.com/news/b88a974714a7fb6c069c91664088950c","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3582091132450948","idStr":"3582091132450948"},"themes":[],"htmlText":"Tigers were a great game in my book but theyare a little too far for the team that is playing right away in their own&nbsp;","listText":"Tigers were a great game in my book but theyare a little too far for the team that is playing right away in their own&nbsp;","text":"Tigers were a great game in my book but theyare a little too far for the team that is playing right away in their own","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9942088955","isVote":1,"tweetType":1,"viewCount":762,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9948404806,"gmtCreate":1680756652505,"gmtModify":1680756657472,"author":{"id":"3582091132450948","authorId":"3582091132450948","name":"Terence_513","avatar":"https://community-static.tradeup.com/news/b88a974714a7fb6c069c91664088950c","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3582091132450948","idStr":"3582091132450948"},"themes":[],"htmlText":"tiget good nice power","listText":"tiget good nice power","text":"tiget good nice 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