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TKY1978

TKY1978

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2023-02-25

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Buffett’s Annual Letter: Berkshire Will Always Hold a Boatload of Cash and U.S. Treasury Bills

2023-01-22

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2023-03-11

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Jobs Report, Bank Failure Complicate Outlook on Interest Rates

2023-02-25

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Berkshire Hathaway Fourth-Quarter Operating Earnings Fall 8%, Cash Hoard Swells to Nearly $130 Billion

2023-03-04

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Want $1 Million in Retirement? Buy These 2 Stocks in 2023 and Hold for the Next Decade

2023-03-22

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US STOCKS-Wall Street Ends Green on Bank Bounce As Fed Takes Focus

2023-03-11

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Reminder: U.S. Daylight Saving Time Begins on Sunday, March 12, 2023

2022-07-23

Trade with care

The 2 Safest Energy Dividends Right Now

2022-02-16

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US STOCKS-Wall Street Surges as Easing Geopolitical Worries Fuel Broad Rally

2022-06-01

Trade with care

US STOCKS-Wall Street Pulls Back After Last Week's Rally With Inflation in Focus

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PUT$</a> not too bad","text":"$ASTS 20251226 65.0 PUT$ not too bad","images":[{"img":"https://community-static.tradeup.com/news/0d98d83473c65f9920f08fdd5c3d6d77","width":"1092","height":"1717"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/514769859047832","isVote":1,"tweetType":1,"viewCount":515,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":429278302556592,"gmtCreate":1745827406730,"gmtModify":1745827410075,"author":{"id":"4094852596308640","authorId":"4094852596308640","name":"TKY1978","avatar":"https://static.tigerbbs.com/6cd12a4c4a07fc4dec7e7f7343b18227","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"4094852596308640","idStr":"4094852596308640"},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/GRAB\">$Grab Holdings(GRAB)$&nbsp;</a> hopefully will move up post result","listText":"<a href=\"https://ttm.financial/S/GRAB\">$Grab Holdings(GRAB)$&nbsp;</a> hopefully will move up post result","text":"$Grab Holdings(GRAB)$ hopefully will move up post result","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/429278302556592","isVote":1,"tweetType":1,"viewCount":1885,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":414413611958488,"gmtCreate":1742212987564,"gmtModify":1742216642310,"author":{"id":"4094852596308640","authorId":"4094852596308640","name":"TKY1978","avatar":"https://static.tigerbbs.com/6cd12a4c4a07fc4dec7e7f7343b18227","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"4094852596308640","idStr":"4094852596308640"},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/QBTS\">$D-Wave Quantum Inc.(QBTS)$</a> more to come","listText":"<a href=\"https://ttm.financial/S/QBTS\">$D-Wave Quantum Inc.(QBTS)$</a> more to come","text":"$D-Wave Quantum Inc.(QBTS)$ more to come","images":[{"img":"https://community-static.tradeup.com/news/19c06b11cba0d0afa3fd85992d453227","width":"1092","height":"1717"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/414413611958488","isVote":1,"tweetType":1,"viewCount":2255,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":414413299782080,"gmtCreate":1742212859866,"gmtModify":1742216638197,"author":{"id":"4094852596308640","authorId":"4094852596308640","name":"TKY1978","avatar":"https://static.tigerbbs.com/6cd12a4c4a07fc4dec7e7f7343b18227","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"4094852596308640","idStr":"4094852596308640"},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/QBTS\">$D-Wave Quantum Inc.(QBTS)$</a> more to come","listText":"<a href=\"https://ttm.financial/S/QBTS\">$D-Wave Quantum Inc.(QBTS)$</a> more to come","text":"$D-Wave Quantum Inc.(QBTS)$ more to come","images":[{"img":"https://community-static.tradeup.com/news/89e481ed799774e9e3d4ed5116abcd34","width":"1092","height":"1717"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/414413299782080","isVote":1,"tweetType":1,"viewCount":2504,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":9941181808,"gmtCreate":1680053504104,"gmtModify":1680053508015,"author":{"id":"4094852596308640","authorId":"4094852596308640","name":"TKY1978","avatar":"https://static.tigerbbs.com/6cd12a4c4a07fc4dec7e7f7343b18227","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"4094852596308640","idStr":"4094852596308640"},"themes":[],"htmlText":"[Smile]&nbsp;[Smile]&nbsp;","listText":"[Smile]&nbsp;[Smile]&nbsp;","text":"[Smile] [Smile]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9941181808","repostId":"1184012841","repostType":2,"repost":{"id":"1184012841","kind":"news","weMediaInfo":{"introduction":"Providing stock market headlines, business news, financials and earnings ","home_visible":1,"media_name":"Tiger Newspress","id":"1079075236","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"pubTimestamp":1680050329,"share":"https://ttm.financial/m/news/1184012841?lang=en_US&edition=fundamental","pubTime":"2023-03-29 08:38","market":"sg","language":"en","title":"Singapore Stocks to Watch: Sembmarine, Straits Trading, Keong Hong","url":"https://stock-news.laohu8.com/highlight/detail?id=1184012841","media":"Tiger Newspress","summary":"The following companies saw new developments that may affect trading of their securities on Wednesda","content":"<html><head></head><body><p>The following companies saw new developments that may affect trading of their securities on Wednesday (Mar 29):</p><p><b>Sembcorp Marine</b>, on March 29, says the preliminary administrative proceedings against its Brazilian subsidiary Estaleiro Jurong Aracruz Ltda (EJA) is related to the “past conduct” investigated by the Brazilian authorities in connection with Operation Car Wash.</p><p>On March 24, the company announced that the Comptroller General of the Union (CGU) had begun a “preliminary administrative liability proceeding” against EJA for the investigation of alleged irregularities practised by SembMarine’s Brazilian subsidiary.</p><p>Diversified investment company<b> </b><b>Straits Trading</b> wants to adopt a scrip dividend scheme that will allow shareholders to opt for dividend payouts in new shares, instead of cash.</p><p>“The scrip dividend scheme will enable eligible shareholders to reinvest in the company and further their participation in the equity capital,” Straits Trading said in a Tuesday (Mar 28) bourse filing, adding that this would not incur brokerage fees, or transaction and other related costs.</p><p>Keong Hong Construction, a wholly-owned unit of <b>Keong Hong Holdings,</b> has secured a S$118 million tender for main contract works at Cecil Street.</p><p>The tender, awarded by Solitaire Cecil, involves the proposed erection of a 20-storey office building, with restaurants on the first floor and a basement carpark, the company said in a Tuesday (Mar 28) filing. The construction period is 35 months, commencing in May.</p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Singapore Stocks to Watch: Sembmarine, Straits Trading, Keong Hong</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; 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}\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nSingapore Stocks to Watch: Sembmarine, Straits Trading, Keong Hong\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time\">2023-03-29 08:38</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>The following companies saw new developments that may affect trading of their securities on Wednesday (Mar 29):</p><p><b>Sembcorp Marine</b>, on March 29, says the preliminary administrative proceedings against its Brazilian subsidiary Estaleiro Jurong Aracruz Ltda (EJA) is related to the “past conduct” investigated by the Brazilian authorities in connection with Operation Car Wash.</p><p>On March 24, the company announced that the Comptroller General of the Union (CGU) had begun a “preliminary administrative liability proceeding” against EJA for the investigation of alleged irregularities practised by SembMarine’s Brazilian subsidiary.</p><p>Diversified investment company<b> </b><b>Straits Trading</b> wants to adopt a scrip dividend scheme that will allow shareholders to opt for dividend payouts in new shares, instead of cash.</p><p>“The scrip dividend scheme will enable eligible shareholders to reinvest in the company and further their participation in the equity capital,” Straits Trading said in a Tuesday (Mar 28) bourse filing, adding that this would not incur brokerage fees, or transaction and other related costs.</p><p>Keong Hong Construction, a wholly-owned unit of <b>Keong Hong Holdings,</b> has secured a S$118 million tender for main contract works at Cecil Street.</p><p>The tender, awarded by Solitaire Cecil, involves the proposed erection of a 20-storey office building, with restaurants on the first floor and a basement carpark, the company said in a Tuesday (Mar 28) filing. The construction period is 35 months, commencing in May.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"5TT.SI":"强枫","S20.SI":"海峡贸易有限公司."},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1184012841","content_text":"The following companies saw new developments that may affect trading of their securities on Wednesday (Mar 29):Sembcorp Marine, on March 29, says the preliminary administrative proceedings against its Brazilian subsidiary Estaleiro Jurong Aracruz Ltda (EJA) is related to the “past conduct” investigated by the Brazilian authorities in connection with Operation Car Wash.On March 24, the company announced that the Comptroller General of the Union (CGU) had begun a “preliminary administrative liability proceeding” against EJA for the investigation of alleged irregularities practised by SembMarine’s Brazilian subsidiary.Diversified investment company Straits Trading wants to adopt a scrip dividend scheme that will allow shareholders to opt for dividend payouts in new shares, instead of cash.“The scrip dividend scheme will enable eligible shareholders to reinvest in the company and further their participation in the equity capital,” Straits Trading said in a Tuesday (Mar 28) bourse filing, adding that this would not incur brokerage fees, or transaction and other related costs.Keong Hong Construction, a wholly-owned unit of Keong Hong Holdings, has secured a S$118 million tender for main contract works at Cecil Street.The tender, awarded by Solitaire Cecil, involves the proposed erection of a 20-storey office building, with restaurants on the first floor and a basement carpark, the company said in a Tuesday (Mar 28) filing. The construction period is 35 months, commencing in May.","news_type":1,"symbols_score_info":{"S51.SI":0.9,"5TT.SI":0.9,"S20.SI":0.9}},"isVote":1,"tweetType":1,"viewCount":3598,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9943649857,"gmtCreate":1679440133479,"gmtModify":1679440137589,"author":{"id":"4094852596308640","authorId":"4094852596308640","name":"TKY1978","avatar":"https://static.tigerbbs.com/6cd12a4c4a07fc4dec7e7f7343b18227","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"4094852596308640","idStr":"4094852596308640"},"themes":[],"htmlText":"[Smile]&nbsp;","listText":"[Smile]&nbsp;","text":"[Smile]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":14,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9943649857","repostId":"2321670854","repostType":2,"repost":{"id":"2321670854","kind":"highlight","weMediaInfo":{"introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"media_name":"Reuters","id":"1036604489","head_image":"https://static.tigerbbs.com/443ce19704621c837795676028cec868"},"pubTimestamp":1679428829,"share":"https://ttm.financial/m/news/2321670854?lang=en_US&edition=fundamental","pubTime":"2023-03-22 04:00","market":"us","language":"en","title":"US STOCKS-Wall Street Ends Green on Bank Bounce As Fed Takes Focus","url":"https://stock-news.laohu8.com/highlight/detail?id=2321670854","media":"Reuters","summary":"Wall Street closed sharply higher on Tuesday as widespread fears over liquidity in the banking secto","content":"<html><head></head><body><p>Wall Street closed sharply higher on Tuesday as widespread fears over liquidity in the banking sector abated and market participants eyed the Federal Reserve, which is expected to conclude its two-day policy meeting on Wednesday with a 25 basis-point hike to its policy rate.</p><p>All three major U.S. stock indexes were bright green as the session closed, with smallcaps, energy and financials enjoying the most sizable gains.</p><p>A one-two punch of regional bank failures last week, followed by the rescue of $First Republic Bank(FRC-N)$ and the takeover of Credit Suisse, sparked a rout in banking stocks and fueled worries of contagion in the financial sector which, in turn, heightened global anxieties over the growing possibility of recession.</p><p>But banking stocks bounced back on Tuesday, building on Monday&#39;s reversal. Still, despite its recent resurgence, the S&amp;P banks index has lost nearly 18% of its value just this month.</p><p>Both the SPXBK and the KBW Regional Banking index marked their biggest one-day percentage jumps in months.</p><p>&#34;The stock market is coming to a recognition that the banking crisis wasn&#39;t a crisis after all, and was isolated to a handful of banks,&#34; said Oliver Pursche, senior vice president at Wealthspire Advisors in New York. &#34;Both the public and the private sector have shown they are more than able to backstop and shore up weak institutions.&#34;</p><p>Treasury Secretary Janet Yellen, in prepared remarks before the American Bankers Association, said the U.S. banking system has stabilized due to decisive actions from regulators, but warned more action might be required.</p><p>Attention now shifts to the Fed, which has gathered for its two-day monetary policy meeting, at which the members of the Federal Open Markets Committee <a href=\"https://laohu8.com/S/FOMC\">$(FOMC)$</a> will revisit their economic projections and, in all likelihood, implement another increase to the Fed funds target rate in their ongoing battle against inflation.</p><p>&#34;The Fed will raise interest rates by 25 basis points and the market won&#39;t care,&#34; Pursche added. &#34;It will all be about (Chairman Jerome) Powell&#39;s statement on the economy and inflation, and if he can do a good enough job convincing the public that the banking noise&#34; can be attributed to bad management on the part of a few banks.</p><p>At last glance, financial markets have now priced in an 83.4% likelihood of a 25 basis-point rate hike, and a 16.6% probability that the central bank will leave its policy rate unchanged, according to CME&#39;s FedWatch tool.</p><p>Economic data released early in the session showed a 14.5% jump in existing home sales, blasting past expectations and snapping a 12-month losing streak.</p><p>According to preliminary data, the S&amp;P 500 gained 50.84 points, or 1.29%, to end at 4,002.41 points, while the Nasdaq Composite gained 181.47 points, or 1.55%, to 11,860.04. The Dow Jones Industrial Average rose 313.36 points, or 0.97%, to 32,566.44.</p><p>Shares of <a href=\"https://laohu8.com/S/FRCDL\">First Republic Bank</a> saw their biggest-ever one-day percentage jump as JPMorgan CEO Jamie Dimon leads talks with other big banks aimed at investing in the lender, according to the Wall Street Journal. Peers <a href=\"https://laohu8.com/S/PACW\">PacWest Bancorp</a> and Western Alliance Bancorp also surged.</p><p>Tesla Inc advanced after the electric automaker appeared on track to report one of its best quarters in China, according to car registration data.</p><p><img src=\"https://static.tigerbbs.com/b7948a6ab28102cd1434626ac859aa85\" tg-width=\"1080\" tg-height=\"1920\" referrerpolicy=\"no-referrer\"/></p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>US STOCKS-Wall Street Ends Green on Bank Bounce As Fed Takes Focus</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; 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}\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nUS STOCKS-Wall Street Ends Green on Bank Bounce As Fed Takes Focus\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1036604489\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/443ce19704621c837795676028cec868);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Reuters </p>\n<p class=\"h-time\">2023-03-22 04:00</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>Wall Street closed sharply higher on Tuesday as widespread fears over liquidity in the banking sector abated and market participants eyed the Federal Reserve, which is expected to conclude its two-day policy meeting on Wednesday with a 25 basis-point hike to its policy rate.</p><p>All three major U.S. stock indexes were bright green as the session closed, with smallcaps, energy and financials enjoying the most sizable gains.</p><p>A one-two punch of regional bank failures last week, followed by the rescue of $First Republic Bank(FRC-N)$ and the takeover of Credit Suisse, sparked a rout in banking stocks and fueled worries of contagion in the financial sector which, in turn, heightened global anxieties over the growing possibility of recession.</p><p>But banking stocks bounced back on Tuesday, building on Monday&#39;s reversal. Still, despite its recent resurgence, the S&amp;P banks index has lost nearly 18% of its value just this month.</p><p>Both the SPXBK and the KBW Regional Banking index marked their biggest one-day percentage jumps in months.</p><p>&#34;The stock market is coming to a recognition that the banking crisis wasn&#39;t a crisis after all, and was isolated to a handful of banks,&#34; said Oliver Pursche, senior vice president at Wealthspire Advisors in New York. &#34;Both the public and the private sector have shown they are more than able to backstop and shore up weak institutions.&#34;</p><p>Treasury Secretary Janet Yellen, in prepared remarks before the American Bankers Association, said the U.S. banking system has stabilized due to decisive actions from regulators, but warned more action might be required.</p><p>Attention now shifts to the Fed, which has gathered for its two-day monetary policy meeting, at which the members of the Federal Open Markets Committee <a href=\"https://laohu8.com/S/FOMC\">$(FOMC)$</a> will revisit their economic projections and, in all likelihood, implement another increase to the Fed funds target rate in their ongoing battle against inflation.</p><p>&#34;The Fed will raise interest rates by 25 basis points and the market won&#39;t care,&#34; Pursche added. &#34;It will all be about (Chairman Jerome) Powell&#39;s statement on the economy and inflation, and if he can do a good enough job convincing the public that the banking noise&#34; can be attributed to bad management on the part of a few banks.</p><p>At last glance, financial markets have now priced in an 83.4% likelihood of a 25 basis-point rate hike, and a 16.6% probability that the central bank will leave its policy rate unchanged, according to CME&#39;s FedWatch tool.</p><p>Economic data released early in the session showed a 14.5% jump in existing home sales, blasting past expectations and snapping a 12-month losing streak.</p><p>According to preliminary data, the S&amp;P 500 gained 50.84 points, or 1.29%, to end at 4,002.41 points, while the Nasdaq Composite gained 181.47 points, or 1.55%, to 11,860.04. The Dow Jones Industrial Average rose 313.36 points, or 0.97%, to 32,566.44.</p><p>Shares of <a href=\"https://laohu8.com/S/FRCDL\">First Republic Bank</a> saw their biggest-ever one-day percentage jump as JPMorgan CEO Jamie Dimon leads talks with other big banks aimed at investing in the lender, according to the Wall Street Journal. Peers <a href=\"https://laohu8.com/S/PACW\">PacWest Bancorp</a> and Western Alliance Bancorp also surged.</p><p>Tesla Inc advanced after the electric automaker appeared on track to report one of its best quarters in China, according to car registration data.</p><p><img src=\"https://static.tigerbbs.com/b7948a6ab28102cd1434626ac859aa85\" tg-width=\"1080\" tg-height=\"1920\" referrerpolicy=\"no-referrer\"/></p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".IXIC":"NASDAQ Composite","SQQQ":"纳指三倍做空ETF","PSQ":"做空纳斯达克100指数ETF-ProShares","QQQ":"纳指100ETF","QID":"两倍做空纳斯达克指数ETF-ProShares",".SPX":"S&P 500 Index","DXD":"两倍做空道琼30指数ETF-ProShares","FOMC":"FOMO CORP.","TQQQ":"纳指三倍做多ETF","DOG":"道指ETF-ProShares做空","UDOW":"三倍做多道指30ETF-ProShares","DDM":"2倍做多道指ETF-ProShares",".DJI":"道琼斯","DJX":"1/100道琼斯","QLD":"2倍做多纳斯达克100指数ETF-ProShares","SDOW":"三倍做空道指30ETF-ProShares"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2321670854","content_text":"Wall Street closed sharply higher on Tuesday as widespread fears over liquidity in the banking sector abated and market participants eyed the Federal Reserve, which is expected to conclude its two-day policy meeting on Wednesday with a 25 basis-point hike to its policy rate.All three major U.S. stock indexes were bright green as the session closed, with smallcaps, energy and financials enjoying the most sizable gains.A one-two punch of regional bank failures last week, followed by the rescue of $First Republic Bank(FRC-N)$ and the takeover of Credit Suisse, sparked a rout in banking stocks and fueled worries of contagion in the financial sector which, in turn, heightened global anxieties over the growing possibility of recession.But banking stocks bounced back on Tuesday, building on Monday's reversal. Still, despite its recent resurgence, the S&P banks index has lost nearly 18% of its value just this month.Both the SPXBK and the KBW Regional Banking index marked their biggest one-day percentage jumps in months.\"The stock market is coming to a recognition that the banking crisis wasn't a crisis after all, and was isolated to a handful of banks,\" said Oliver Pursche, senior vice president at Wealthspire Advisors in New York. \"Both the public and the private sector have shown they are more than able to backstop and shore up weak institutions.\"Treasury Secretary Janet Yellen, in prepared remarks before the American Bankers Association, said the U.S. banking system has stabilized due to decisive actions from regulators, but warned more action might be required.Attention now shifts to the Fed, which has gathered for its two-day monetary policy meeting, at which the members of the Federal Open Markets Committee $(FOMC)$ will revisit their economic projections and, in all likelihood, implement another increase to the Fed funds target rate in their ongoing battle against inflation.\"The Fed will raise interest rates by 25 basis points and the market won't care,\" Pursche added. \"It will all be about (Chairman Jerome) Powell's statement on the economy and inflation, and if he can do a good enough job convincing the public that the banking noise\" can be attributed to bad management on the part of a few banks.At last glance, financial markets have now priced in an 83.4% likelihood of a 25 basis-point rate hike, and a 16.6% probability that the central bank will leave its policy rate unchanged, according to CME's FedWatch tool.Economic data released early in the session showed a 14.5% jump in existing home sales, blasting past expectations and snapping a 12-month losing streak.According to preliminary data, the S&P 500 gained 50.84 points, or 1.29%, to end at 4,002.41 points, while the Nasdaq Composite gained 181.47 points, or 1.55%, to 11,860.04. The Dow Jones Industrial Average rose 313.36 points, or 0.97%, to 32,566.44.Shares of First Republic Bank saw their biggest-ever one-day percentage jump as JPMorgan CEO Jamie Dimon leads talks with other big banks aimed at investing in the lender, according to the Wall Street Journal. Peers PacWest Bancorp and Western Alliance Bancorp also surged.Tesla Inc advanced after the electric automaker appeared on track to report one of its best quarters in China, according to car registration data.","news_type":1,"symbols_score_info":{"SQQQ":0.6,"DDM":0.6,"MNQmain":0.6,"DJX":0.6,"SDOW":0.6,".IXIC":0.9,"DXD":0.6,"FOMC":1,"PSQ":0.6,"QLD":0.6,"QQQ":0.6,".DJI":0.9,"QID":0.6,"DOG":0.6,"TQQQ":0.6,"NQmain":0.6,"UDOW":0.6,".SPX":0.9}},"isVote":1,"tweetType":1,"viewCount":3762,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9943334856,"gmtCreate":1679112423375,"gmtModify":1679112427042,"author":{"id":"4094852596308640","authorId":"4094852596308640","name":"TKY1978","avatar":"https://static.tigerbbs.com/6cd12a4c4a07fc4dec7e7f7343b18227","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"4094852596308640","idStr":"4094852596308640"},"themes":[],"htmlText":"[Smile]&nbsp;","listText":"[Smile]&nbsp;","text":"[Smile]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9943334856","repostId":"2320399187","repostType":2,"isVote":1,"tweetType":1,"viewCount":3632,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9943334106,"gmtCreate":1679112411606,"gmtModify":1679112415037,"author":{"id":"4094852596308640","authorId":"4094852596308640","name":"TKY1978","avatar":"https://static.tigerbbs.com/6cd12a4c4a07fc4dec7e7f7343b18227","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"4094852596308640","idStr":"4094852596308640"},"themes":[],"htmlText":"[Smile]&nbsp;","listText":"[Smile]&nbsp;","text":"[Smile]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9943334106","repostId":"2319853169","repostType":2,"repost":{"id":"2319853169","kind":"highlight","pubTimestamp":1679018218,"share":"https://ttm.financial/m/news/2319853169?lang=en_US&edition=fundamental","pubTime":"2023-03-17 09:56","market":"sg","language":"en","title":"Looking for More Dividends? Here Are 4 Stocks That Paid Out More Last Year","url":"https://stock-news.laohu8.com/highlight/detail?id=2319853169","media":"The Smart Investor","summary":"These stocks doled out higher dividends last year and may continue to do so this year.","content":"<div>\n<p>Everyone loves receiving cash in their bank account.Income investors know this feeling all too well as they park their money in a mix of REITs and dividend-paying stocks.It’s even more attractive if ...</p>\n\n<a href=\"https://thesmartinvestor.com.sg/looking-for-more-dividends-here-are-4-stocks-that-paid-out-more-last-year/\">Source Link</a>\n\n</div>\n","source":"thesmartinvestor_highlight","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>Looking for More Dividends? Here Are 4 Stocks That Paid Out More Last Year</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nLooking for More Dividends? Here Are 4 Stocks That Paid Out More Last Year\n</h2>\n\n<h4 class=\"meta\">\n\n\n2023-03-17 09:56 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://thesmartinvestor.com.sg/looking-for-more-dividends-here-are-4-stocks-that-paid-out-more-last-year/><strong>The Smart Investor</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Everyone loves receiving cash in their bank account.Income investors know this feeling all too well as they park their money in a mix of REITs and dividend-paying stocks.It’s even more attractive if ...</p>\n\n<a href=\"https://thesmartinvestor.com.sg/looking-for-more-dividends-here-are-4-stocks-that-paid-out-more-last-year/\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BSL.SI":"莱佛士医疗","MR7.SI":"挪迪克","C52.SI":"康福德高企业","MZH.SI":"Nanofilm"},"source_url":"https://thesmartinvestor.com.sg/looking-for-more-dividends-here-are-4-stocks-that-paid-out-more-last-year/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2319853169","content_text":"Everyone loves receiving cash in their bank account.Income investors know this feeling all too well as they park their money in a mix of REITs and dividend-paying stocks.It’s even more attractive if the stocks you invest in start to raise their dividends.By doing so, management may be signalling that the business is generating healthy cash flows and is poised to do better in the future.It can be tedious to trawl through numerous corporate earnings to sift out companies that have raised their dividends.We have done the work for you and filtered out four such companies that increased their year-on-year payouts.Raffles Medical Group (SGX: BSL)Raffles Medical Group, or RMG, is an integrated healthcare provider that operates in 14 cities in five countries in Asia.The group owns three tertiary hospitals and more than 100 multi-disciplinary clinics and employs over 2,800 employees.RMG rounded off 2022 with a strong set of earnings.Revenue rose 5.9% year on year to S$766.5 million as border reopenings saw the return of more foreign patients seeking medical treatment.Operating profit jumped 61.4% year on year to S$195.8 million while net profit surged 70.5% year on year to S$143.5 million.The integrated healthcare player generated a free cash flow of S$170.9 million, up 59.3% year on year.A final dividend of S$0.038 was declared, a jump of 35.7% compared to the previous year’s S$0.028.The group expects to see more patients returning as global travel resumes.China’s reopening also spells good news for its hospitals and medical clinics there as they can resume normal operations.ComfortDelGro Corporation Limited (SGX: C52)ComfortDelGro Corporation Limited, or CDG, is one of the world’s largest land transport operators.The group has a total vehicle fleet size of around 34,000 buses, taxis and rental vehicles and also operates light and heavy rail services in Singapore and New Zealand.CDG reported a good set of earnings for 2022 as revenue improved by 7.9% year on year to S$3.8 billion.Operating profit climbed 35.1% year on year to S$270 million and net profit surged by 40.7% year on year to S$173.1 million.The transport giant declared a final dividend of S$0.0176 and a special dividend of S$0.0246, taking the total 2022 dividend to S$0.0848.This level of dividends was slightly more than double the S$0.042 paid out in 2021.Taxi revenues in Singapore are projected to increase while those in China should see improvements after the country relaxed its COVID-zero policies.Rail ridership in Singapore along with bus charter in Australia and coach services in the UK are all expected to recover with the lifting of COVID-19 restrictions.Nordic Group (SGX: MR7)Nordic Group provides a range of services including system integration solutions, vessel maintenance, repair and overhaul, and scaffolding and insulation to the marine, oil and gas, and petrochemical sectors.The group posted a commendable financial performance for 2022 as revenue surged 58% year on year to S$162.8 million.The better performance was attributed to higher semiconductor activities in Malaysia as well as maiden contributions from newly-acquired Starburst and Eratech.Gross profit improved by 65% year on year while net profit rose 50% year on year to S$20.9 million.A final dividend of S$0.00906 was declared, bringing 2022’s dividend to S$0.02068, 20% higher than the prior year’s S$0.0174.Nordic had an outstanding order book of S$232.5 million as of 31 December 2022 and will deliver these in the next three years.The group will continue to look for more merger and acquisition opportunities while keeping a lid on rising costs.Nanofilm Technologies International (SGX: MZH)Nanofilm is a leading provider of nanotechnology solutions in Asia and also provides technology-based solutions to a wide range of clients.Revenue for the group slipped by 3.8% year on year in 2022 to S$237.4 million.Net profit fell by 29.6% year on year to S$43.8 million.Despite the weaker performance, Nanofilm declared a final dividend of S$0.011, slightly above the S$0.01 final dividend paid out in 2021.For 2022, the total dividend came up to S$0.022, 10% above the S$0.02 paid out for the whole of 2021.The group is optimistic that the challenges it faced last year will not recur, while it expects a recovery in China by the second half of this year.","news_type":1,"symbols_score_info":{"BSL.SI":1,"C52.SI":1,"MR7.SI":1,"MZH.SI":1}},"isVote":1,"tweetType":1,"viewCount":3620,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9943334399,"gmtCreate":1679112399311,"gmtModify":1679112402950,"author":{"id":"4094852596308640","authorId":"4094852596308640","name":"TKY1978","avatar":"https://static.tigerbbs.com/6cd12a4c4a07fc4dec7e7f7343b18227","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"4094852596308640","idStr":"4094852596308640"},"themes":[],"htmlText":"[Smile]&nbsp;","listText":"[Smile]&nbsp;","text":"[Smile]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9943334399","repostId":"2320399158","repostType":2,"repost":{"id":"2320399158","kind":"highlight","weMediaInfo":{"introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"media_name":"Dow Jones","id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"pubTimestamp":1679016550,"share":"https://ttm.financial/m/news/2320399158?lang=en_US&edition=fundamental","pubTime":"2023-03-17 09:29","market":"fut","language":"en","title":"U.S. Stocks Set For Wild Swings As Trillions In Options Contracts Set To Expire Friday","url":"https://stock-news.laohu8.com/highlight/detail?id=2320399158","media":"Dow Jones","summary":"U.S. stocks could see increasingly wild swings in the coming days as option contracts tied to trilli","content":"<html><head></head><body><p>U.S. stocks could see increasingly wild swings in the coming days as option contracts tied to trillions of dollars in securities are set to expire on Friday, removing a buffer that some say has helped to keep the S&amp;P 500 index from breaking out of a tight trading range.</p><p>Option contracts worth $2.8 trillion are set to expire during Friday&#39;s &#34;quadruple witching&#34; event, according to figures from Goldman Sachs Group <a href=\"https://laohu8.com/S/GS\">$(GS)$</a>.</p><p>&#34;Quadruple witching,&#34; as its known, happens when equity futures and option contracts tied to individual stocks and indexes --- as well as exchange-traded funds -- all expire on the same day. Some option contracts expire in the morning, while others expire in the afternoon. This typically happens four times a year, roughly once per quarter.</p><p>Days like these sometimes coincide with volatility in markets as traders scramble to cut their losses or exercise &#34;in the money&#34; contracts to claim their winnings.</p><p>However, a top derivatives analyst at Goldman sees the potential for stocks to see even wilder swings in the sessions to come as a rash of contracts that have helped to suppress volatility in the equity market expire.</p><p>Options expiring on Friday could &#34;remove the 4k pinner that has kept a lid on big moves,&#34; said Scott Rubner, a managing director and top derivatives strategist at Goldman, in a note to clients obtained by MarketWatch. This could make the S&amp;P 500 more vulnerable to a big swing in either direction.</p><p>&#34;Either way. We are going to move next week.&#34;</p><p>Since the start of the year, the S&amp;P 500 has traded in a narrow channel of about 400 points bounded by 3,800 on the downside, and 4,200 on the upside, according to data from FactSet.</p><p>These levels correspond with some of the most popular strike prices for options tied to the S&amp;P 500, according to data from Rubner&#39;s note. A strike price is the level at which the holder of a contract has the opportunity -- but not the obligation -- to buy or sell a security, depending on the type of option one owns.</p><p>That&#39;s not a coincidence. Over the past year,  trading in option contracts on the verge of expiring, known as &#34;zero-days to expiration&#34; or &#34;0DTE&#34; options, has become increasingly popular.</p><p>One result of this trend is that they have helped keep stocks in a narrow range, while fueling more intraday swings within that range, a pattern that several traders have compared to a &#34;game of ping pong.&#34;</p><p>According to Goldman, 0DTEs represent more than 40% of average daily trading  volume in contracts tied to the S&amp;P 500.</p><p>Earlier this week, trading in 0DTEs helped keep the S&amp;P 500 from breaking below the 3,800 level as markets reeled following the closure of three U.S. banks, according to Brent Kochuba, founder of SpotGamma, a provider of data and analytics about the option market.</p><p>Analysts says this is one reason that the Cboe Volatility Index , otherwise known as the Vix or Wall Street volatility gauge, has remained so subdued compared with the ICE BofAML MOVE Index, a gauge of implied volatility for the Treasury market, Kochuba and others told MarketWatch.</p><p>The MOVE index awed traders earlier this week as volatility in normally placid Treasurys sent it surging to its highest level since the 2008 financial crisis. Meanwhile, the Vix VIX barely managed to break above 30, a level it last visited as recently as October.</p><p>But some believe this could change starting Friday.</p><p>To be sure, Friday isn&#39;t the only session where large slugs of option contracts are set to expire over the next week. On Wednesday, a slug of contracts tied to the Vix will expire on the same day the Federal Reserve is set to announce its latest interest rate-hike decision.</p><p>&#34;50% of all Vix open interest expires on Wednesday. That&#39;s pretty significant,&#34;  Kochuba said during an interview with MarketWatch.</p><p>The end result is that this could help the Vix &#34;catch up&#34; to the MOVE, something that could result in a sharp selloff in stocks, according to Alon Rosin and Sam Skinner, two equity derivatives experts at Oppenheimer.</p><p>&#34;The bottom line is this: more volatility is likely coming to the equity market,&#34; Skinner said during a call with MarketWatch. &#34;And the Vix is underpricing it.&#34;</p><p>Amy Wu Silverman, an equity derivatives strategist at RBC Capital Markets, expressed a similar view. In emailed comments shared with MarketWatch, she said she expects &#34;volatility levels to remain elevated&#34; heading into next week&#39;s Fed meeting.</p><p>Futures traders are pricing in a high likelihood that the Fed will hike its policy rate by 25 basis points. However, traders still see a roughly 20% chance that the Fed could opt to leave interest rates on hold, according to the CME&#39;s FedWatch tool.</p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>U.S. Stocks Set For Wild Swings As Trillions In Options Contracts Set To Expire Friday</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nU.S. Stocks Set For Wild Swings As Trillions In Options Contracts Set To Expire Friday\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Dow Jones </p>\n<p class=\"h-time\">2023-03-17 09:29</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>U.S. stocks could see increasingly wild swings in the coming days as option contracts tied to trillions of dollars in securities are set to expire on Friday, removing a buffer that some say has helped to keep the S&amp;P 500 index from breaking out of a tight trading range.</p><p>Option contracts worth $2.8 trillion are set to expire during Friday&#39;s &#34;quadruple witching&#34; event, according to figures from Goldman Sachs Group <a href=\"https://laohu8.com/S/GS\">$(GS)$</a>.</p><p>&#34;Quadruple witching,&#34; as its known, happens when equity futures and option contracts tied to individual stocks and indexes --- as well as exchange-traded funds -- all expire on the same day. Some option contracts expire in the morning, while others expire in the afternoon. This typically happens four times a year, roughly once per quarter.</p><p>Days like these sometimes coincide with volatility in markets as traders scramble to cut their losses or exercise &#34;in the money&#34; contracts to claim their winnings.</p><p>However, a top derivatives analyst at Goldman sees the potential for stocks to see even wilder swings in the sessions to come as a rash of contracts that have helped to suppress volatility in the equity market expire.</p><p>Options expiring on Friday could &#34;remove the 4k pinner that has kept a lid on big moves,&#34; said Scott Rubner, a managing director and top derivatives strategist at Goldman, in a note to clients obtained by MarketWatch. This could make the S&amp;P 500 more vulnerable to a big swing in either direction.</p><p>&#34;Either way. We are going to move next week.&#34;</p><p>Since the start of the year, the S&amp;P 500 has traded in a narrow channel of about 400 points bounded by 3,800 on the downside, and 4,200 on the upside, according to data from FactSet.</p><p>These levels correspond with some of the most popular strike prices for options tied to the S&amp;P 500, according to data from Rubner&#39;s note. A strike price is the level at which the holder of a contract has the opportunity -- but not the obligation -- to buy or sell a security, depending on the type of option one owns.</p><p>That&#39;s not a coincidence. Over the past year,  trading in option contracts on the verge of expiring, known as &#34;zero-days to expiration&#34; or &#34;0DTE&#34; options, has become increasingly popular.</p><p>One result of this trend is that they have helped keep stocks in a narrow range, while fueling more intraday swings within that range, a pattern that several traders have compared to a &#34;game of ping pong.&#34;</p><p>According to Goldman, 0DTEs represent more than 40% of average daily trading  volume in contracts tied to the S&amp;P 500.</p><p>Earlier this week, trading in 0DTEs helped keep the S&amp;P 500 from breaking below the 3,800 level as markets reeled following the closure of three U.S. banks, according to Brent Kochuba, founder of SpotGamma, a provider of data and analytics about the option market.</p><p>Analysts says this is one reason that the Cboe Volatility Index , otherwise known as the Vix or Wall Street volatility gauge, has remained so subdued compared with the ICE BofAML MOVE Index, a gauge of implied volatility for the Treasury market, Kochuba and others told MarketWatch.</p><p>The MOVE index awed traders earlier this week as volatility in normally placid Treasurys sent it surging to its highest level since the 2008 financial crisis. Meanwhile, the Vix VIX barely managed to break above 30, a level it last visited as recently as October.</p><p>But some believe this could change starting Friday.</p><p>To be sure, Friday isn&#39;t the only session where large slugs of option contracts are set to expire over the next week. On Wednesday, a slug of contracts tied to the Vix will expire on the same day the Federal Reserve is set to announce its latest interest rate-hike decision.</p><p>&#34;50% of all Vix open interest expires on Wednesday. That&#39;s pretty significant,&#34;  Kochuba said during an interview with MarketWatch.</p><p>The end result is that this could help the Vix &#34;catch up&#34; to the MOVE, something that could result in a sharp selloff in stocks, according to Alon Rosin and Sam Skinner, two equity derivatives experts at Oppenheimer.</p><p>&#34;The bottom line is this: more volatility is likely coming to the equity market,&#34; Skinner said during a call with MarketWatch. &#34;And the Vix is underpricing it.&#34;</p><p>Amy Wu Silverman, an equity derivatives strategist at RBC Capital Markets, expressed a similar view. In emailed comments shared with MarketWatch, she said she expects &#34;volatility levels to remain elevated&#34; heading into next week&#39;s Fed meeting.</p><p>Futures traders are pricing in a high likelihood that the Fed will hike its policy rate by 25 basis points. However, traders still see a roughly 20% chance that the Fed could opt to leave interest rates on hold, according to the CME&#39;s FedWatch tool.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"161125":"标普500","513500":"标普500ETF博时","OEF":"标普100指数ETF-iShares","OEX":"标普100","BK4581":"高盛持仓","UVXY":"1.5倍做多短期期货恐慌指数ETF-Proshares","SH":"做空标普500-Proshares","BK4534":"瑞士信贷持仓","BK4585":"ETF&股票定投概念","BK4127":"投资银行业与经纪业","BK4533":"AQR资本管理(全球第二大对冲基金)","GS":"高盛","SPXU":"三倍做空标普500ETF-ProShares","SVXY":"做空波动率指数短期期货ETF-ProShares","SDS":"两倍做空标普500 ETF-ProShares","VXX":"短期VIX期货ETN",".SPX":"S&P 500 Index","IE00BSNM7G36.USD":"NEUBERGER BERMAN SYSTEMATIC GLOBAL SUSTAINABLE VALUE \"A\" (USD) ACC","TVIX":"二倍做多VIX波动率指数短期期权ETN","BK4504":"桥水持仓","BK4559":"巴菲特持仓","SPY":"标普500ETF","BK4588":"碎股","BK4550":"红杉资本持仓","IVV":"标普500ETF-iShares","SSO":"2倍做多标普500ETF-ProShares","VIXY":"波动率短期期货指数ETF","BK4552":"Archegos爆仓风波概念","UPRO":"三倍做多标普500ETF-ProShares"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2320399158","content_text":"U.S. stocks could see increasingly wild swings in the coming days as option contracts tied to trillions of dollars in securities are set to expire on Friday, removing a buffer that some say has helped to keep the S&P 500 index from breaking out of a tight trading range.Option contracts worth $2.8 trillion are set to expire during Friday's \"quadruple witching\" event, according to figures from Goldman Sachs Group $(GS)$.\"Quadruple witching,\" as its known, happens when equity futures and option contracts tied to individual stocks and indexes --- as well as exchange-traded funds -- all expire on the same day. Some option contracts expire in the morning, while others expire in the afternoon. This typically happens four times a year, roughly once per quarter.Days like these sometimes coincide with volatility in markets as traders scramble to cut their losses or exercise \"in the money\" contracts to claim their winnings.However, a top derivatives analyst at Goldman sees the potential for stocks to see even wilder swings in the sessions to come as a rash of contracts that have helped to suppress volatility in the equity market expire.Options expiring on Friday could \"remove the 4k pinner that has kept a lid on big moves,\" said Scott Rubner, a managing director and top derivatives strategist at Goldman, in a note to clients obtained by MarketWatch. This could make the S&P 500 more vulnerable to a big swing in either direction.\"Either way. We are going to move next week.\"Since the start of the year, the S&P 500 has traded in a narrow channel of about 400 points bounded by 3,800 on the downside, and 4,200 on the upside, according to data from FactSet.These levels correspond with some of the most popular strike prices for options tied to the S&P 500, according to data from Rubner's note. A strike price is the level at which the holder of a contract has the opportunity -- but not the obligation -- to buy or sell a security, depending on the type of option one owns.That's not a coincidence. Over the past year,  trading in option contracts on the verge of expiring, known as \"zero-days to expiration\" or \"0DTE\" options, has become increasingly popular.One result of this trend is that they have helped keep stocks in a narrow range, while fueling more intraday swings within that range, a pattern that several traders have compared to a \"game of ping pong.\"According to Goldman, 0DTEs represent more than 40% of average daily trading  volume in contracts tied to the S&P 500.Earlier this week, trading in 0DTEs helped keep the S&P 500 from breaking below the 3,800 level as markets reeled following the closure of three U.S. banks, according to Brent Kochuba, founder of SpotGamma, a provider of data and analytics about the option market.Analysts says this is one reason that the Cboe Volatility Index , otherwise known as the Vix or Wall Street volatility gauge, has remained so subdued compared with the ICE BofAML MOVE Index, a gauge of implied volatility for the Treasury market, Kochuba and others told MarketWatch.The MOVE index awed traders earlier this week as volatility in normally placid Treasurys sent it surging to its highest level since the 2008 financial crisis. Meanwhile, the Vix VIX barely managed to break above 30, a level it last visited as recently as October.But some believe this could change starting Friday.To be sure, Friday isn't the only session where large slugs of option contracts are set to expire over the next week. On Wednesday, a slug of contracts tied to the Vix will expire on the same day the Federal Reserve is set to announce its latest interest rate-hike decision.\"50% of all Vix open interest expires on Wednesday. That's pretty significant,\"  Kochuba said during an interview with MarketWatch.The end result is that this could help the Vix \"catch up\" to the MOVE, something that could result in a sharp selloff in stocks, according to Alon Rosin and Sam Skinner, two equity derivatives experts at Oppenheimer.\"The bottom line is this: more volatility is likely coming to the equity market,\" Skinner said during a call with MarketWatch. \"And the Vix is underpricing it.\"Amy Wu Silverman, an equity derivatives strategist at RBC Capital Markets, expressed a similar view. In emailed comments shared with MarketWatch, she said she expects \"volatility levels to remain elevated\" heading into next week's Fed meeting.Futures traders are pricing in a high likelihood that the Fed will hike its policy rate by 25 basis points. However, traders still see a roughly 20% chance that the Fed could opt to leave interest rates on hold, according to the CME's FedWatch tool.","news_type":1,"symbols_score_info":{"161125":0.6,"513500":0.6,".SPX":0.6,"OEX":0.6,"VXX":0.79,"SPY":0.9,"SSO":0.6,"ESmain":0.6,"SPXU":0.6,"UPRO":0.6,"VIXmain":0.6,"VIXY":0.6,"IVV":0.6,"GS":0.9,"UVXY":0.6,"SH":0.6,"SVXY":0.6,"TVIX":0.79,"OEF":0.6,"SDS":0.6}},"isVote":1,"tweetType":1,"viewCount":3677,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9943334969,"gmtCreate":1679112383951,"gmtModify":1679112387348,"author":{"id":"4094852596308640","authorId":"4094852596308640","name":"TKY1978","avatar":"https://static.tigerbbs.com/6cd12a4c4a07fc4dec7e7f7343b18227","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"4094852596308640","idStr":"4094852596308640"},"themes":[],"htmlText":"[Smile]&nbsp;","listText":"[Smile]&nbsp;","text":"[Smile]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9943334969","repostId":"1170952277","repostType":2,"repost":{"id":"1170952277","kind":"news","pubTimestamp":1679008361,"share":"https://ttm.financial/m/news/1170952277?lang=en_US&edition=fundamental","pubTime":"2023-03-17 07:12","market":"us","language":"en","title":"First Republic Gets $30 Billion of Fresh Deposits in Bank Rescue","url":"https://stock-news.laohu8.com/highlight/detail?id=1170952277","media":"Bloomberg","summary":"JPMorgan, BofA, Citi, Wells Fargo among lenders contributingPlan shows ‘resilience of the banking sy","content":"<div>\n<p>JPMorgan, BofA, Citi, Wells Fargo among lenders contributingPlan shows ‘resilience of the banking system,’ regulators sayThe biggest US banks pledged $30 billion of fresh cash for First Republic Bank ...</p>\n\n<a href=\"https://www.bloomberg.com/news/articles/2023-03-16/first-republic-to-get-30-billion-of-bank-deposits-in-rescue?srnd=premium-asia\">Source Link</a>\n\n</div>\n","source":"lsy1584095487587","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>First Republic Gets $30 Billion of Fresh Deposits in Bank Rescue</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; 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overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nFirst Republic Gets $30 Billion of Fresh Deposits in Bank Rescue\n</h2>\n\n<h4 class=\"meta\">\n\n\n2023-03-17 07:12 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.bloomberg.com/news/articles/2023-03-16/first-republic-to-get-30-billion-of-bank-deposits-in-rescue?srnd=premium-asia><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>JPMorgan, BofA, Citi, Wells Fargo among lenders contributingPlan shows ‘resilience of the banking system,’ regulators sayThe biggest US banks pledged $30 billion of fresh cash for First Republic Bank ...</p>\n\n<a href=\"https://www.bloomberg.com/news/articles/2023-03-16/first-republic-to-get-30-billion-of-bank-deposits-in-rescue?srnd=premium-asia\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"JPM":"摩根大通","C":"花旗"},"source_url":"https://www.bloomberg.com/news/articles/2023-03-16/first-republic-to-get-30-billion-of-bank-deposits-in-rescue?srnd=premium-asia","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1170952277","content_text":"JPMorgan, BofA, Citi, Wells Fargo among lenders contributingPlan shows ‘resilience of the banking system,’ regulators sayThe biggest US banks pledged $30 billion of fresh cash for First Republic Bank to stem the turmoil that has sent depositors fleeing from regional banks and shaken the country’s financial system.JPMorgan Chase & Co., Bank of America Corp., Citigroup Inc. and Wells Fargo & Co. will contribute $5 billion of uninsured deposits each, while Goldman Sachs Group Inc. and Morgan Stanley will kick in $2.5 billion apiece, according to a statement Thursday. Other banks will deposit smaller amounts as part of a plan devised along with US regulators.“This action by America’s largest banks reflects their confidence in First Republic and in banks of all sizes,” the banks said in their statement. The consortium cited the outflows of uninsured deposits at a small number of banks following the collapse of Silicon Valley Bank and Signature Bank.First Republic has been exploring strategic options including a possible sale, Bloomberg News reported late Wednesday. The lender’s shares have plummeted in the aftermath of regulators’ seizure of fellow regional lenders Silicon Valley Bank and Signature Bank over the past week.“This show of support by a group of large banks is most welcome, and demonstrates the resilience of the banking system,” US Treasury Secretary Janet Yellen, Federal Reserve Board Chair Jerome Powell, Federal Deposit Insurance Corp. Chairman Martin Gruenberg and Acting Comptroller of the Currency Michael Hsu said in a joint statement.Also contributing deposits are PNC Financial Services Group Inc., Bank of New York Mellon Corp., Truist Financial Corp., U.S. Bancorp and State Street Corp., which will each put in $1 billion.The deal began to take shape Tuesday and came together in about two days, with the idea of bringing the banks on board broached during a call that included Yellen, Powell and Gruenberg, as well as Jamie Dimon, chief executive officer of JPMorgan, according to people familiar with the matter.Yellen and Dimon agreed the idea had merit, with Dimon taking the lead to contact other bank leaders and Yellen making calls, too, said the people, who asked not to be identified discussing the private talks.Another call Thursday morning among regulators and CEOs helped finalize the plan. The deal includes deposits with an initial term of 120 days at market rates, First Republic said, and they could remain in place even longer, people familiar with the terms said.In some ways, the rescue resembles the 1998 plan devised to bail out Long Term Capital Management without using public money, after the hedge fund made a set of disastrous wrong-way bets. Back then, the Fed convened a meeting of Wall Street executives from Merrill Lynch, Goldman Sachs and about a dozen others. They agreed to pump $3.65 billion into the fund to keep it afloat and avert a collapse in financial markets.Bank’s FutureAs with LTCM, the banks saw saving First Republic as ultimately in their best interests, rather than risk a widening panic that might engulf more of them, one of the people said. Unlike LTCM, the First Republic rescue isn’t a wind-down, but sets up the bank to have a future, which could still include shopping around for a buyer, the people said.The joint effort “is a powerful step to bolster liquidity and reflects our confidence in the critical role of regional banks in our economy and across the communities we serve,” Truist Chief Executive Officer Bill Rogers said in an emailed statement.Capital One Financial Corp. was asked to participate in the consortium, but given the credit-card giant’s business mix and the fact that it didn’t have an existing relationship with First Republic, the company chose not to participate, according to a person familiar with the matter. A spokesman for Capital One declined to comment.Shares of First Republic swung wildly Thursday, plunging as much as 36% early in the day, then surging as much as 28% midday after details of the emerging plan were first reported. The stock closed up 10% and then slipped in extended New York trading after the bank announced it was suspending its dividend.First Republic, which specializes in private banking and has built up a wealth-management franchise with some $271 billion in assets, has made an effort to differentiate itself from SVB Financial Group’s Silicon Valley Bank. Unlike SVB, which counted startups and venture firms among its biggest clients, First Republic said that no sector represents more than 9% of total business deposits.Silicon Valley Bank collapsed into FDIC receivership Friday after its customer base of tech startups grew concerned and pulled deposits.First Republic Chairman Jim Herbert and CEO Mike Roffler said in a statement that the banks’ “collective support strengthens our liquidity position, reflects the ongoing quality of our business, and is a vote of confidence for First Republic and the entire US banking system.”As of Wednesday, First Republic had a cash position of about $34 billion, not including the deposits from the banks. Since the close of business on March 9, First Republic has increased short-term borrowings from the Federal Home Loan Bank by $10 billion at a rate of 5.09%, the company said.First Republic said it’s “focused on reducing its borrowings and evaluating the composition and size of its balance sheet,” and will suspend its stock dividend while it recovers.First Republic has been working with JPMorgan as it tackles its challenges. On Sunday, the same day Signature Bank was taken over by regulators, First Republic said it “further enhanced and diversified its financial position” by securing additional liquidity from the Federal Reserve and JPMorgan.“The effort by the federal government to bring together the banking sector, including U.S. Bank, speaks to the strength of the overall financial system,” said a spokesman for the Minneapolis-based lender.","news_type":1,"symbols_score_info":{"C":0.9,"JPM":0.9,"FRC":0.9}},"isVote":1,"tweetType":1,"viewCount":3726,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9943335757,"gmtCreate":1679112350680,"gmtModify":1679112354206,"author":{"id":"4094852596308640","authorId":"4094852596308640","name":"TKY1978","avatar":"https://static.tigerbbs.com/6cd12a4c4a07fc4dec7e7f7343b18227","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"4094852596308640","idStr":"4094852596308640"},"themes":[],"htmlText":"[Smile]&nbsp;","listText":"[Smile]&nbsp;","text":"[Smile]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":8,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9943335757","repostId":"1126461227","repostType":2,"isVote":1,"tweetType":1,"viewCount":3367,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9949609249,"gmtCreate":1678545670481,"gmtModify":1678545674468,"author":{"id":"4094852596308640","authorId":"4094852596308640","name":"TKY1978","avatar":"https://static.tigerbbs.com/6cd12a4c4a07fc4dec7e7f7343b18227","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"4094852596308640","idStr":"4094852596308640"},"themes":[],"htmlText":"[Smile]&nbsp;","listText":"[Smile]&nbsp;","text":"[Smile]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9949609249","repostId":"2318581167","repostType":4,"isVote":1,"tweetType":1,"viewCount":1978,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9949609607,"gmtCreate":1678545663210,"gmtModify":1678545665805,"author":{"id":"4094852596308640","authorId":"4094852596308640","name":"TKY1978","avatar":"https://static.tigerbbs.com/6cd12a4c4a07fc4dec7e7f7343b18227","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"4094852596308640","idStr":"4094852596308640"},"themes":[],"htmlText":"[Smile]&nbsp;","listText":"[Smile]&nbsp;","text":"[Smile]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9949609607","repostId":"2318756893","repostType":4,"repost":{"id":"2318756893","kind":"highlight","pubTimestamp":1678516616,"share":"https://ttm.financial/m/news/2318756893?lang=en_US&edition=fundamental","pubTime":"2023-03-11 14:36","market":"us","language":"en","title":"Why Coinbase Global Stock Plummeted by 8% Friday","url":"https://stock-news.laohu8.com/highlight/detail?id=2318756893","media":"Motley Fool","summary":"It's guilt by association time in the market following the Silicon Valley Bank swoon.","content":"<div>\n<p>What happenedCoinbase Global  stock fell 8% on Friday, and it wasn't hard to figure out why. Any company associated with the now-collapsed Silicon Valley Bank and its parent SVB Financial  took hard ...</p>\n\n<a href=\"https://www.fool.com/investing/2023/03/10/why-coinbase-global-stock-plummeted-by-8-today/\">Source Link</a>\n\n</div>\n","source":"fool_stock","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Why Coinbase Global Stock Plummeted by 8% Friday</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nWhy Coinbase Global Stock Plummeted by 8% Friday\n</h2>\n\n<h4 class=\"meta\">\n\n\n2023-03-11 14:36 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.fool.com/investing/2023/03/10/why-coinbase-global-stock-plummeted-by-8-today/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>What happenedCoinbase Global  stock fell 8% on Friday, and it wasn't hard to figure out why. Any company associated with the now-collapsed Silicon Valley Bank and its parent SVB Financial  took hard ...</p>\n\n<a href=\"https://www.fool.com/investing/2023/03/10/why-coinbase-global-stock-plummeted-by-8-today/\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"COIN":"Coinbase Global, Inc."},"source_url":"https://www.fool.com/investing/2023/03/10/why-coinbase-global-stock-plummeted-by-8-today/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2318756893","content_text":"What happenedCoinbase Global  stock fell 8% on Friday, and it wasn't hard to figure out why. Any company associated with the now-collapsed Silicon Valley Bank and its parent SVB Financial  took hard blows in the market today. Coinbase was a Silicon Valley Bank client back in the day, and the two companies' relationship went a little deeper at one point.So whatSo to some degree it was understandable that investors would trade out of Coinbase. Panic was in the air Friday in the wake of Silicon Valley Bank's disintegration and subsequent receivership by the Federal Deposit Insurance Corporation. The fallout was swift and sharp, and numerous companies were damaged by it.Coinbase wasn't only a SVB client; it was also one of that company's potential shareholdings. In 2014, when cryptocurrency projects and crypto-affiliated businesses were having a tough time securing financing from traditional sources, Coinbase gave a stock warrant to Silicon Valley Bank. Apparently, this was part of the two companies' agreement under which Coinbase could utilize the bank's services.The warrant gave Silicon Valley Bank the right to purchase over 400,000 shares of Coinbase's class B common stock at a price just over $1 apiece. The warrant was set to expire in June 2024. Its fate isn't entirely clear, but in SVB's latest 10K annual report filed with the Securities and Exchange Commission, the company revealed that in 2021 it reaped $116 million in gains \"related to Coinbase's direct listing.\"Coinbase went public via such a method in April 2021.Now whatInvestors shouldn't be swayed on Coinbase one way or another due to the SVB association. The two companies were tied fairly closely together at one point, but seem to have drifted far apart. Since the SVB contagion appears to be quite limited with Coinbase -- at least, as far as we know now -- the exchange operator's stock should be judged more on its own fundamentals and potential.","news_type":1,"symbols_score_info":{"COIN":1}},"isVote":1,"tweetType":1,"viewCount":1833,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9949609125,"gmtCreate":1678545655168,"gmtModify":1678545658584,"author":{"id":"4094852596308640","authorId":"4094852596308640","name":"TKY1978","avatar":"https://static.tigerbbs.com/6cd12a4c4a07fc4dec7e7f7343b18227","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"4094852596308640","idStr":"4094852596308640"},"themes":[],"htmlText":"[Smile]&nbsp;","listText":"[Smile]&nbsp;","text":"[Smile]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":14,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9949609125","repostId":"1190583234","repostType":4,"repost":{"id":"1190583234","kind":"news","weMediaInfo":{"introduction":"Providing stock market headlines, business news, financials and earnings ","home_visible":1,"media_name":"Tiger Newspress","id":"1079075236","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"pubTimestamp":1678427464,"share":"https://ttm.financial/m/news/1190583234?lang=en_US&edition=fundamental","pubTime":"2023-03-10 13:51","market":"us","language":"en","title":"Reminder: U.S. Daylight Saving Time Begins on Sunday, March 12, 2023","url":"https://stock-news.laohu8.com/highlight/detail?id=1190583234","media":"Tiger Newspress","summary":"U.S. daylight saving time begins on Sunday, March 12, 2023. at 2:00 a.m. The clocks will be moved fo","content":"<html><head></head><body><p>U.S. daylight saving time begins on Sunday, March 12, 2023. at 2:00 a.m. The clocks will be moved forward from 2:00 a.m. to 3:00 a.m.</p><p>At that time, the regular trading period of the US stock market will become:</p><p><b>Beijing Time/SGT</b>: 21:30 p.m. to 04:00 a.m.</p><p><b>AEDT Time (Australian Eastern Daylight Time)</b>: 00:30 a.m. to 07:00 a.m.</p><p><b>NZDT Time (New Zealand Daylight Time)</b>: 02:30 a.m. to 09:00 a.m.</p><p>Daylight saving time will end on Nov. 5 this year. The federal Energy Policy Act of 2005 decreed that standard time starts on the first Sunday of November.</p><p><img src=\"https://static.tigerbbs.com/bb43c4b21c5c5212202ea8e20e5bd617\" tg-width=\"674\" tg-height=\"365\" referrerpolicy=\"no-referrer\"/>Background</p><p>In 1918, the U.S. enacted the first Daylight Saving Time law as a way to conserve fuel. It was reintroduced during World War II.</p><p>In 1973, President Nixon signed into law the Emergency Daylight Saving Time Energy Conservation Act, which made DST permanent in the U.S. This helped reduce confusion throughout the country with some regions of the U.S. participating in the practice and some regions opting out.</p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Reminder: U.S. Daylight Saving Time Begins on Sunday, March 12, 2023</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nReminder: U.S. Daylight Saving Time Begins on Sunday, March 12, 2023\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time\">2023-03-10 13:51</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>U.S. daylight saving time begins on Sunday, March 12, 2023. at 2:00 a.m. The clocks will be moved forward from 2:00 a.m. to 3:00 a.m.</p><p>At that time, the regular trading period of the US stock market will become:</p><p><b>Beijing Time/SGT</b>: 21:30 p.m. to 04:00 a.m.</p><p><b>AEDT Time (Australian Eastern Daylight Time)</b>: 00:30 a.m. to 07:00 a.m.</p><p><b>NZDT Time (New Zealand Daylight Time)</b>: 02:30 a.m. to 09:00 a.m.</p><p>Daylight saving time will end on Nov. 5 this year. The federal Energy Policy Act of 2005 decreed that standard time starts on the first Sunday of November.</p><p><img src=\"https://static.tigerbbs.com/bb43c4b21c5c5212202ea8e20e5bd617\" tg-width=\"674\" tg-height=\"365\" referrerpolicy=\"no-referrer\"/>Background</p><p>In 1918, the U.S. enacted the first Daylight Saving Time law as a way to conserve fuel. It was reintroduced during World War II.</p><p>In 1973, President Nixon signed into law the Emergency Daylight Saving Time Energy Conservation Act, which made DST permanent in the U.S. This helped reduce confusion throughout the country with some regions of the U.S. participating in the practice and some regions opting out.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".IXIC":"NASDAQ Composite",".SPX":"S&P 500 Index",".DJI":"道琼斯"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1190583234","content_text":"U.S. daylight saving time begins on Sunday, March 12, 2023. at 2:00 a.m. The clocks will be moved forward from 2:00 a.m. to 3:00 a.m.At that time, the regular trading period of the US stock market will become:Beijing Time/SGT: 21:30 p.m. to 04:00 a.m.AEDT Time (Australian Eastern Daylight Time): 00:30 a.m. to 07:00 a.m.NZDT Time (New Zealand Daylight Time): 02:30 a.m. to 09:00 a.m.Daylight saving time will end on Nov. 5 this year. The federal Energy Policy Act of 2005 decreed that standard time starts on the first Sunday of November.BackgroundIn 1918, the U.S. enacted the first Daylight Saving Time law as a way to conserve fuel. It was reintroduced during World War II.In 1973, President Nixon signed into law the Emergency Daylight Saving Time Energy Conservation Act, which made DST permanent in the U.S. This helped reduce confusion throughout the country with some regions of the U.S. participating in the practice and some regions opting out.","news_type":1,"symbols_score_info":{".IXIC":0.9,".SPX":0.9,".DJI":0.9}},"isVote":1,"tweetType":1,"viewCount":2006,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9949609361,"gmtCreate":1678545643553,"gmtModify":1678545646882,"author":{"id":"4094852596308640","authorId":"4094852596308640","name":"TKY1978","avatar":"https://static.tigerbbs.com/6cd12a4c4a07fc4dec7e7f7343b18227","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"4094852596308640","idStr":"4094852596308640"},"themes":[],"htmlText":"[Smile]&nbsp;","listText":"[Smile]&nbsp;","text":"[Smile]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9949609361","repostId":"1121660476","repostType":4,"repost":{"id":"1121660476","kind":"news","weMediaInfo":{"introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"media_name":"Reuters","id":"1036604489","head_image":"https://static.tigerbbs.com/443ce19704621c837795676028cec868"},"pubTimestamp":1678489730,"share":"https://ttm.financial/m/news/1121660476?lang=en_US&edition=fundamental","pubTime":"2023-03-11 07:08","market":"us","language":"en","title":"Banking Regulators Shutter SVB, Collapse Unnerves Investors","url":"https://stock-news.laohu8.com/highlight/detail?id=1121660476","media":"Reuters","summary":"California regulator closes SVB, appoints FDIC as receiverSVB focused on lending to start-ups; branc","content":"<html><head></head><body><ul><li>California regulator closes SVB, appoints FDIC as receiver</li><li>SVB focused on lending to start-ups; branches to reopen Monday</li><li>FDIC to sell bank assets; &#39;chaos&#39; reported amid withdrawals</li><li>Bank shares fall in U.S., Europe, but well off lows</li><li>Crisis exposes banking &#39;vulnerabilities&#39; amid rising rates</li></ul><p>(Reuters) - California banking regulators on Friday moved quickly to close startup-focused lender <a href=\"https://laohu8.com/S/SIVB\">SVB Financial Group </a>, the largest bank failure since the financial crisis, a sudden collapse that prompted the global banking sector to shed billions in market value.</p><p>The regulator appointed the Federal Deposit Insurance Corporation (FDIC) as receiver, putting the tech-heavy lender into receivership and will dispose of its assets, according to a statement.</p><p>Silicon Valley Bank is the first FDIC-insured institution to fail this year, the FDIC said. The last FDIC-insured institution to close was Almena State Bank in Kansas, on October 23, 2020.</p><p>The main office and all branches of Silicon Valley Bank will reopen on March 13 and all insured depositors will have full access to their insured deposits no later than Monday morning, according to the FDIC statement.</p><p>Technology workers whose paychecks relied on the bank were worried about getting paid on Friday. An SVB branch in San Francisco showed a Scotch-taped note telling clients to call a toll-free telephone number.</p><p>SVB, which does business as Silicon Valley Bank, was not immediately available for comment. Its customers were met with locked doors on Friday. A client dashboard was down, a UK-based client of the bank told Reuters.</p><p>Dean Nelson, CEO of Cato Digital, was on a line outside of SVB Santa Clara headquarters, hoping to get answers. Nelson said he was worried about the company&#39;s ability to pay employees and cover expenses.</p><p>&#34;Access to the cash is the biggest problem for the majority of the companies here. If you’re a startup, cash is king. The cash and the workflow, to be able to have the runway is critical.&#34;</p><p>U.S. banks have lost over $100 billion in stock market value over the past two days, with European banks losing around another $50 billion in value, according to a Reuters calculation. Regional banks sold off on Friday.</p><p>Some forecast more pain for the sector.</p><p>&#34;There could be a bloodbath next week as banks are in trouble, the short sellers are out there and they are going to attack every single bank, especially the smaller ones,&#34; said Christopher Whalen, chairman of Whalen Global Advisors.</p><p>U.S. Treasury Secretary Janet Yellen met with banking regulators on Friday expressed &#34;full confidence&#34; in their abilities to respond to the situation, Treasury said.</p><p>The White House on Friday said it had faith and confidence in U.S. financial regulators, when asked about the failure of SVB. Cecilia Rouse, who chairs the Council of Economic Advisers, said the U.S. banking system was fundamentally stronger than it was during the 2008 financial crisis.</p><p>The FDIC said it would seek to sell SVB&#39;s assets and that future dividend payments may be made to uninsured depositors.</p><p>&#34;The first bank failure since 2020 is a wake-up call,&#34; said Matthew Goldberg, an analyst at Bankrate. &#34;Even during times when there are no bank failures or few bank failures, you always have to make sure your money is safe and within FDIC limits and rules at an FDIC-insured bank.&#34;</p><h3>PAIN SPREADS</h3><p>The bank scrambled this week to reassure its venture capital clients their money was safe after a capital raise led to its stock collapsing 60% and contributed to wiping out over $80 billion in value from bank shares.</p><p>Shares of SVB remained halted on Friday after tumbling as much as 66% in premarket trading. While the suspension of SVB&#39;s shares made it hard to assess how much value was left at SVB, the trading of its bonds offered clues. Most of its long-dated bonds collapsed in value on Friday, with a May 2028 bond trading down from 85 cents to 36 cents on the dollar.</p><p>The rout in SVB&#39;s stock, which began on Thursday, spilled over into other U.S. and European banks, with the episode spreading concern about hidden risks in the sector and its vulnerability to the rising cost of money. But banking shares were well off their lows on Friday.</p><p>U.S. lenders First Republic Bank (FRC.N) and Western Alliance (WAL.N) said on Friday their liquidity and deposits remained strong, aiming to calm investors.</p><p>The S&amp;P 500 regional banks index (.SPLRCBNKS) dropped 4.3%, bringing its loss this week to 18%, its worst week since 2009. The S&amp;P 500 banks index (.SPXBK), which includes both large and medium banks, fell 0.5%, bringing its loss this week to over 11.5%.</p><p>The problems at SVB underscore how a campaign by the U.S. Federal Reserve and other central banks to fight inflation by ending t he era of cheap money is exposing vulnerabilities in the market.</p><p>Global borrowing costs have risen at the fastest pace in decades over the last year as the Federal Reserve lifted U.S. rates by 450 basis points from near zero, while the European Central Bank hiked the euro zone&#39;s by 300 bps.</p><p>&#34;Silicon Valley Bank is shedding light on vulnerabilities across the US banking sector, primarily in the bond holdings that many large institutions hold,&#34; said Karl Schamotta, Chief Market Strategist at Corpay.</p><h3>&#39;CHAOS&#39; AS CLIENTS RUSH TO WITHDRAW</h3><p>As higher interest rates caused the market for initial public offerings to shut down for many startups and made private fundraising more costly, some SVB clients started pulling money out.</p><p>To fund the redemptions, SVB sold on Wednesday a $21 billion bond portfolio consisting mostly of U.S. Treasuries. SVB announced on Thursday it would sell $2.25 billion in common equity and preferred convertible stock to fill its funding hole.</p><p>One UK-based principal at a venture capital firm, who asked to be anonymous because he is not authorized to speak to press, said his firm had rushed to pull “single digit millions” from four accounts at Silicon Valley Bank late on Thursday.</p><p>The source characterized the situation as &#34;chaos.&#34;</p><p>The technology sector has been hit hard and stress has appeared in other corners of the market as rates rise.</p><p>Sources familiar with the situation said on Thursday that some startups had advised their founders to pull out money from SVB as a precautionary measure.</p><p>Short sellers in SVB have profited by $717 million since Wednesday&#39;s close, according to analytics firm Ortex.</p><p>&#34;The market is tired of companies that do business with unprofitable companies or that are unprofitable themselves,&#34; said David Trainer, CEO of New Constructs, an investment research firm.</p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Banking Regulators Shutter SVB, Collapse Unnerves 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: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nBanking Regulators Shutter SVB, Collapse Unnerves Investors\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1036604489\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/443ce19704621c837795676028cec868);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Reuters </p>\n<p class=\"h-time\">2023-03-11 07:08</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><ul><li>California regulator closes SVB, appoints FDIC as receiver</li><li>SVB focused on lending to start-ups; branches to reopen Monday</li><li>FDIC to sell bank assets; &#39;chaos&#39; reported amid withdrawals</li><li>Bank shares fall in U.S., Europe, but well off lows</li><li>Crisis exposes banking &#39;vulnerabilities&#39; amid rising rates</li></ul><p>(Reuters) - California banking regulators on Friday moved quickly to close startup-focused lender <a href=\"https://laohu8.com/S/SIVB\">SVB Financial Group </a>, the largest bank failure since the financial crisis, a sudden collapse that prompted the global banking sector to shed billions in market value.</p><p>The regulator appointed the Federal Deposit Insurance Corporation (FDIC) as receiver, putting the tech-heavy lender into receivership and will dispose of its assets, according to a statement.</p><p>Silicon Valley Bank is the first FDIC-insured institution to fail this year, the FDIC said. The last FDIC-insured institution to close was Almena State Bank in Kansas, on October 23, 2020.</p><p>The main office and all branches of Silicon Valley Bank will reopen on March 13 and all insured depositors will have full access to their insured deposits no later than Monday morning, according to the FDIC statement.</p><p>Technology workers whose paychecks relied on the bank were worried about getting paid on Friday. An SVB branch in San Francisco showed a Scotch-taped note telling clients to call a toll-free telephone number.</p><p>SVB, which does business as Silicon Valley Bank, was not immediately available for comment. Its customers were met with locked doors on Friday. A client dashboard was down, a UK-based client of the bank told Reuters.</p><p>Dean Nelson, CEO of Cato Digital, was on a line outside of SVB Santa Clara headquarters, hoping to get answers. Nelson said he was worried about the company&#39;s ability to pay employees and cover expenses.</p><p>&#34;Access to the cash is the biggest problem for the majority of the companies here. If you’re a startup, cash is king. The cash and the workflow, to be able to have the runway is critical.&#34;</p><p>U.S. banks have lost over $100 billion in stock market value over the past two days, with European banks losing around another $50 billion in value, according to a Reuters calculation. Regional banks sold off on Friday.</p><p>Some forecast more pain for the sector.</p><p>&#34;There could be a bloodbath next week as banks are in trouble, the short sellers are out there and they are going to attack every single bank, especially the smaller ones,&#34; said Christopher Whalen, chairman of Whalen Global Advisors.</p><p>U.S. Treasury Secretary Janet Yellen met with banking regulators on Friday expressed &#34;full confidence&#34; in their abilities to respond to the situation, Treasury said.</p><p>The White House on Friday said it had faith and confidence in U.S. financial regulators, when asked about the failure of SVB. Cecilia Rouse, who chairs the Council of Economic Advisers, said the U.S. banking system was fundamentally stronger than it was during the 2008 financial crisis.</p><p>The FDIC said it would seek to sell SVB&#39;s assets and that future dividend payments may be made to uninsured depositors.</p><p>&#34;The first bank failure since 2020 is a wake-up call,&#34; said Matthew Goldberg, an analyst at Bankrate. &#34;Even during times when there are no bank failures or few bank failures, you always have to make sure your money is safe and within FDIC limits and rules at an FDIC-insured bank.&#34;</p><h3>PAIN SPREADS</h3><p>The bank scrambled this week to reassure its venture capital clients their money was safe after a capital raise led to its stock collapsing 60% and contributed to wiping out over $80 billion in value from bank shares.</p><p>Shares of SVB remained halted on Friday after tumbling as much as 66% in premarket trading. While the suspension of SVB&#39;s shares made it hard to assess how much value was left at SVB, the trading of its bonds offered clues. Most of its long-dated bonds collapsed in value on Friday, with a May 2028 bond trading down from 85 cents to 36 cents on the dollar.</p><p>The rout in SVB&#39;s stock, which began on Thursday, spilled over into other U.S. and European banks, with the episode spreading concern about hidden risks in the sector and its vulnerability to the rising cost of money. But banking shares were well off their lows on Friday.</p><p>U.S. lenders First Republic Bank (FRC.N) and Western Alliance (WAL.N) said on Friday their liquidity and deposits remained strong, aiming to calm investors.</p><p>The S&amp;P 500 regional banks index (.SPLRCBNKS) dropped 4.3%, bringing its loss this week to 18%, its worst week since 2009. The S&amp;P 500 banks index (.SPXBK), which includes both large and medium banks, fell 0.5%, bringing its loss this week to over 11.5%.</p><p>The problems at SVB underscore how a campaign by the U.S. Federal Reserve and other central banks to fight inflation by ending t he era of cheap money is exposing vulnerabilities in the market.</p><p>Global borrowing costs have risen at the fastest pace in decades over the last year as the Federal Reserve lifted U.S. rates by 450 basis points from near zero, while the European Central Bank hiked the euro zone&#39;s by 300 bps.</p><p>&#34;Silicon Valley Bank is shedding light on vulnerabilities across the US banking sector, primarily in the bond holdings that many large institutions hold,&#34; said Karl Schamotta, Chief Market Strategist at Corpay.</p><h3>&#39;CHAOS&#39; AS CLIENTS RUSH TO WITHDRAW</h3><p>As higher interest rates caused the market for initial public offerings to shut down for many startups and made private fundraising more costly, some SVB clients started pulling money out.</p><p>To fund the redemptions, SVB sold on Wednesday a $21 billion bond portfolio consisting mostly of U.S. Treasuries. SVB announced on Thursday it would sell $2.25 billion in common equity and preferred convertible stock to fill its funding hole.</p><p>One UK-based principal at a venture capital firm, who asked to be anonymous because he is not authorized to speak to press, said his firm had rushed to pull “single digit millions” from four accounts at Silicon Valley Bank late on Thursday.</p><p>The source characterized the situation as &#34;chaos.&#34;</p><p>The technology sector has been hit hard and stress has appeared in other corners of the market as rates rise.</p><p>Sources familiar with the situation said on Thursday that some startups had advised their founders to pull out money from SVB as a precautionary measure.</p><p>Short sellers in SVB have profited by $717 million since Wednesday&#39;s close, according to analytics firm Ortex.</p><p>&#34;The market is tired of companies that do business with unprofitable companies or that are unprofitable themselves,&#34; said David Trainer, CEO of New Constructs, an investment research firm.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1121660476","content_text":"California regulator closes SVB, appoints FDIC as receiverSVB focused on lending to start-ups; branches to reopen MondayFDIC to sell bank assets; 'chaos' reported amid withdrawalsBank shares fall in U.S., Europe, but well off lowsCrisis exposes banking 'vulnerabilities' amid rising rates(Reuters) - California banking regulators on Friday moved quickly to close startup-focused lender SVB Financial Group , the largest bank failure since the financial crisis, a sudden collapse that prompted the global banking sector to shed billions in market value.The regulator appointed the Federal Deposit Insurance Corporation (FDIC) as receiver, putting the tech-heavy lender into receivership and will dispose of its assets, according to a statement.Silicon Valley Bank is the first FDIC-insured institution to fail this year, the FDIC said. The last FDIC-insured institution to close was Almena State Bank in Kansas, on October 23, 2020.The main office and all branches of Silicon Valley Bank will reopen on March 13 and all insured depositors will have full access to their insured deposits no later than Monday morning, according to the FDIC statement.Technology workers whose paychecks relied on the bank were worried about getting paid on Friday. An SVB branch in San Francisco showed a Scotch-taped note telling clients to call a toll-free telephone number.SVB, which does business as Silicon Valley Bank, was not immediately available for comment. Its customers were met with locked doors on Friday. A client dashboard was down, a UK-based client of the bank told Reuters.Dean Nelson, CEO of Cato Digital, was on a line outside of SVB Santa Clara headquarters, hoping to get answers. Nelson said he was worried about the company's ability to pay employees and cover expenses.\"Access to the cash is the biggest problem for the majority of the companies here. If you’re a startup, cash is king. The cash and the workflow, to be able to have the runway is critical.\"U.S. banks have lost over $100 billion in stock market value over the past two days, with European banks losing around another $50 billion in value, according to a Reuters calculation. Regional banks sold off on Friday.Some forecast more pain for the sector.\"There could be a bloodbath next week as banks are in trouble, the short sellers are out there and they are going to attack every single bank, especially the smaller ones,\" said Christopher Whalen, chairman of Whalen Global Advisors.U.S. Treasury Secretary Janet Yellen met with banking regulators on Friday expressed \"full confidence\" in their abilities to respond to the situation, Treasury said.The White House on Friday said it had faith and confidence in U.S. financial regulators, when asked about the failure of SVB. Cecilia Rouse, who chairs the Council of Economic Advisers, said the U.S. banking system was fundamentally stronger than it was during the 2008 financial crisis.The FDIC said it would seek to sell SVB's assets and that future dividend payments may be made to uninsured depositors.\"The first bank failure since 2020 is a wake-up call,\" said Matthew Goldberg, an analyst at Bankrate. \"Even during times when there are no bank failures or few bank failures, you always have to make sure your money is safe and within FDIC limits and rules at an FDIC-insured bank.\"PAIN SPREADSThe bank scrambled this week to reassure its venture capital clients their money was safe after a capital raise led to its stock collapsing 60% and contributed to wiping out over $80 billion in value from bank shares.Shares of SVB remained halted on Friday after tumbling as much as 66% in premarket trading. While the suspension of SVB's shares made it hard to assess how much value was left at SVB, the trading of its bonds offered clues. Most of its long-dated bonds collapsed in value on Friday, with a May 2028 bond trading down from 85 cents to 36 cents on the dollar.The rout in SVB's stock, which began on Thursday, spilled over into other U.S. and European banks, with the episode spreading concern about hidden risks in the sector and its vulnerability to the rising cost of money. But banking shares were well off their lows on Friday.U.S. lenders First Republic Bank (FRC.N) and Western Alliance (WAL.N) said on Friday their liquidity and deposits remained strong, aiming to calm investors.The S&P 500 regional banks index (.SPLRCBNKS) dropped 4.3%, bringing its loss this week to 18%, its worst week since 2009. The S&P 500 banks index (.SPXBK), which includes both large and medium banks, fell 0.5%, bringing its loss this week to over 11.5%.The problems at SVB underscore how a campaign by the U.S. Federal Reserve and other central banks to fight inflation by ending t he era of cheap money is exposing vulnerabilities in the market.Global borrowing costs have risen at the fastest pace in decades over the last year as the Federal Reserve lifted U.S. rates by 450 basis points from near zero, while the European Central Bank hiked the euro zone's by 300 bps.\"Silicon Valley Bank is shedding light on vulnerabilities across the US banking sector, primarily in the bond holdings that many large institutions hold,\" said Karl Schamotta, Chief Market Strategist at Corpay.'CHAOS' AS CLIENTS RUSH TO WITHDRAWAs higher interest rates caused the market for initial public offerings to shut down for many startups and made private fundraising more costly, some SVB clients started pulling money out.To fund the redemptions, SVB sold on Wednesday a $21 billion bond portfolio consisting mostly of U.S. Treasuries. SVB announced on Thursday it would sell $2.25 billion in common equity and preferred convertible stock to fill its funding hole.One UK-based principal at a venture capital firm, who asked to be anonymous because he is not authorized to speak to press, said his firm had rushed to pull “single digit millions” from four accounts at Silicon Valley Bank late on Thursday.The source characterized the situation as \"chaos.\"The technology sector has been hit hard and stress has appeared in other corners of the market as rates rise.Sources familiar with the situation said on Thursday that some startups had advised their founders to pull out money from SVB as a precautionary measure.Short sellers in SVB have profited by $717 million since Wednesday's close, according to analytics firm Ortex.\"The market is tired of companies that do business with unprofitable companies or that are unprofitable themselves,\" said David Trainer, CEO of New Constructs, an investment research firm.","news_type":1,"symbols_score_info":{"SIVB":0.9}},"isVote":1,"tweetType":1,"viewCount":953,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9949609931,"gmtCreate":1678545636223,"gmtModify":1678545639606,"author":{"id":"4094852596308640","authorId":"4094852596308640","name":"TKY1978","avatar":"https://static.tigerbbs.com/6cd12a4c4a07fc4dec7e7f7343b18227","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"4094852596308640","idStr":"4094852596308640"},"themes":[],"htmlText":"[Smile]&nbsp;","listText":"[Smile]&nbsp;","text":"[Smile]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":17,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9949609931","repostId":"1188991015","repostType":4,"repost":{"id":"1188991015","kind":"news","pubTimestamp":1678524311,"share":"https://ttm.financial/m/news/1188991015?lang=en_US&edition=fundamental","pubTime":"2023-03-11 16:45","market":"us","language":"en","title":"Jobs Report, Bank Failure Complicate Outlook on Interest Rates","url":"https://stock-news.laohu8.com/highlight/detail?id=1188991015","media":"The Wall Street Journal","summary":"Fed officials could debate whether to raise rates by a quarter- or half-percentage-point at their next meeting","content":"<div>\n<p>The February employment report does little to sharply alter the economic outlook for Federal Reserve officials who are considering how much to raise interest rates at their coming meeting.But the ...</p>\n\n<a href=\"https://www.wsj.com/articles/jobs-report-offers-little-to-change-interest-rate-outlook-for-the-fed-2b5bf1d4?mod=economy_lead_pos2\">Source Link</a>\n\n</div>\n","source":"wsj_highlight","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>Jobs Report, Bank Failure Complicate Outlook on Interest Rates</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; 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overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nJobs Report, Bank Failure Complicate Outlook on Interest Rates\n</h2>\n\n<h4 class=\"meta\">\n\n\n2023-03-11 16:45 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.wsj.com/articles/jobs-report-offers-little-to-change-interest-rate-outlook-for-the-fed-2b5bf1d4?mod=economy_lead_pos2><strong>The Wall Street Journal</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>The February employment report does little to sharply alter the economic outlook for Federal Reserve officials who are considering how much to raise interest rates at their coming meeting.But the ...</p>\n\n<a href=\"https://www.wsj.com/articles/jobs-report-offers-little-to-change-interest-rate-outlook-for-the-fed-2b5bf1d4?mod=economy_lead_pos2\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".DJI":"道琼斯",".IXIC":"NASDAQ Composite",".SPX":"S&P 500 Index"},"source_url":"https://www.wsj.com/articles/jobs-report-offers-little-to-change-interest-rate-outlook-for-the-fed-2b5bf1d4?mod=economy_lead_pos2","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1188991015","content_text":"The February employment report does little to sharply alter the economic outlook for Federal Reserve officials who are considering how much to raise interest rates at their coming meeting.But the failure of a California bank on Friday led investors on Wall Street to pare their bets that the central bank would opt for a larger half-percentage-point increase, rather than a smaller quarter-point bump, amid broader concerns about financial stability risks.Investors in interest-rate futures markets on Friday afternoon saw a nearly 60% probability of a quarter-point, or 25-basis-point, rate rise, according to CME Group. The probability of a larger 50-basis-point increase fell to 40%, from 70% on Thursday.Employers added 311,000 jobs in February and revisions to earlier months were minor, meaning job gains averaged more than 350,000 a month since December—robust growth in an already tight labor market. The unemployment rate rose to 3.6% last month because more people looked for jobs, a further sign of economic strength.But wage growth moderated last month, suggesting that strong labor demand isn’t spurring rapid increases in workers’ paychecks. Average hourly earnings for private-sector workers rose 4.6% over the 12 months through February, but the pace slowed to an annualized 3.6% over the past three months.For policy makers, “if you are vacillating between 25 and 50, you’d be more inclined to go 25 at this point because of the added concern” over the failure of Silicon Valley Bank, said Eric Rosengren, who served as president of the Boston Fed from 2007 to 2021.Friday’s employment report shows the job market is too hot, said Mr. Rosengren. But the problems at Silicon Valley Bank illustrate how raising rates rapidly gives the Fed less time to monitor the delayed impact of its actions, he said.“Having a close to $200 billion bank have a liquidity problem that caused a failure in the middle of the week has to be a source of concern,” said Mr. Rosengren. Fed officials are “going to want to be able to evaluate what impact it is going to have on broader financial markets.”Fed policy makers were set to begin their traditional premeeting quiet period Saturday ahead of their March 21-22 meeting.Fed Chair Jerome Powell this week said the central bank was keeping its options open in considering whether to raise its benchmark federal-funds rate by a quarter-point—as officials did last month and had been widely anticipated until very recently—or by a larger half-point, as they did in December.“I stress that no decision has been made on this,” Mr. Powell said Wednesday. “But if the totality of the data were to indicate that faster tightening is warranted, we would be prepared to increase the pace of rate hikes.”In addition to Friday’s employment report, he said two inflation reports next week, including the consumer-price index due Tuesday, could influence the decision.Economists at Bank of America and Morgan Stanley said Friday they believed the smaller quarter-point rate rise was more likely, but that was based on their expectations that core-CPI prices, which exclude food and energy, will rise 0.4% in February.“Absent a surprise on Tuesday, we think they will be comfortable” with a quarter-point rate rise, said Vincent Reinhart, chief economist at Dreyfus and Mellon and a former senior Fed economist.Others think the inflation report will need to be milder to prevent the Fed from raising rates by a half-point. Barring a major surprise on inflation, signs of broad-based strength in the labor market “strongly imply that the Federal Reserve will need to hike its policy rate by 50 basis points” this month, said Joseph Brusuelas, chief economist at consulting firm RSM U.S.He said hardship due to interest-rate risks “among select small and medium-sized banks is not sufficient to cause the Fed to pull back from its primary objective” of combating inflation.If the CPI doesn’t notably slow down in February, “it will have been very hard to have opened the door to 50 and not walk through that door,” said Jason Furman, a Harvard economist who served as a top adviser to former President Barack Obama.Details on how the Federal Deposit Insurance Corp., which took control of the Silicon Valley Bank on Friday, resolves the bank could shape any spillovers to the rest of the banking system, especially small and midsize banks with a similar profile.SVB was focused heavily on lending to venture-capital firms, and the ultimate resolution of the bank’s assets could have broader implications for endowments and pension funds that have increased their exposures to venture capital, said Mr. Rosengren.Fed officials slowed their pace of rate rises last month when they increased their benchmark rate by a quarter-percentage-point to a range between 4.5% and 4.75%. That followed increases of a larger 0.5 percentage point in December and 0.75 percentage point in November and at three previous meetings.Officials said last month that moving in smaller steps would better allow them to assess the effects of their rapid increases last year and reduce the risk of raising rates too much.Mr. Powell said this week officials were likely to project at their coming meeting that they would raise rates to higher levels than they previously anticipated to bring inflation down. In December, most of them thought they would raise the fed-funds rate to between 5% and 5.5% this year.Since Fed officials last met on Feb. 1, several economic reports have revealed hiring, spending and inflation were stronger in January than expected. More important, data revisions showed inflation and labor demand didn’t soften as much as initially reported late last year.“We’re looking at a reversal, really, of what we thought we were seeing to some extent,” said Mr. Powell on Tuesday. “Nothing about the data suggests to me that we’ve tightened too much.”The Fed has been trying to curb investment, spending and hiring by raising rates, which makes it more expensive to borrow and can push down the price of assets such as stocks and real estate. The fed-funds rate influences other borrowing costs throughout the economy.","news_type":1,"symbols_score_info":{".SPX":0.9,".IXIC":0.9,".DJI":0.9}},"isVote":1,"tweetType":1,"viewCount":1119,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9949133729,"gmtCreate":1678417462461,"gmtModify":1678417466182,"author":{"id":"4094852596308640","authorId":"4094852596308640","name":"TKY1978","avatar":"https://static.tigerbbs.com/6cd12a4c4a07fc4dec7e7f7343b18227","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"4094852596308640","idStr":"4094852596308640"},"themes":[],"htmlText":"[Smile]&nbsp;","listText":"[Smile]&nbsp;","text":"[Smile]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9949133729","repostId":"1106455600","repostType":4,"repost":{"id":"1106455600","kind":"news","pubTimestamp":1678413771,"share":"https://ttm.financial/m/news/1106455600?lang=en_US&edition=fundamental","pubTime":"2023-03-10 10:02","market":"us","language":"en","title":"Inflation Is Stickier Than Previously Thought, NY Fed Study Shows","url":"https://stock-news.laohu8.com/highlight/detail?id=1106455600","media":"Bloomberg","summary":"Revisions revealed stronger inflation for final months of 2022Hot January readings also point to per","content":"<div>\n<p>Revisions revealed stronger inflation for final months of 2022Hot January readings also point to persistent price pressuresShoppers in the SoHo neighborhood of New York.Photographer: Jordana Bermudez/...</p>\n\n<a href=\"https://www.bloomberg.com/news/articles/2023-03-09/ny-fed-study-finds-significant-shift-up-in-persistent-inflation?srnd=premium\">Source Link</a>\n\n</div>\n","source":"lsy1584095487587","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>Inflation Is Stickier Than Previously Thought, NY Fed Study Shows</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; 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overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nInflation Is Stickier Than Previously Thought, NY Fed Study Shows\n</h2>\n\n<h4 class=\"meta\">\n\n\n2023-03-10 10:02 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.bloomberg.com/news/articles/2023-03-09/ny-fed-study-finds-significant-shift-up-in-persistent-inflation?srnd=premium><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Revisions revealed stronger inflation for final months of 2022Hot January readings also point to persistent price pressuresShoppers in the SoHo neighborhood of New York.Photographer: Jordana Bermudez/...</p>\n\n<a href=\"https://www.bloomberg.com/news/articles/2023-03-09/ny-fed-study-finds-significant-shift-up-in-persistent-inflation?srnd=premium\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".DJI":"道琼斯",".IXIC":"NASDAQ Composite",".SPX":"S&P 500 Index"},"source_url":"https://www.bloomberg.com/news/articles/2023-03-09/ny-fed-study-finds-significant-shift-up-in-persistent-inflation?srnd=premium","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1106455600","content_text":"Revisions revealed stronger inflation for final months of 2022Hot January readings also point to persistent price pressuresShoppers in the SoHo neighborhood of New York.Photographer: Jordana Bermudez/BloombergInflation seems poised to stick around for longer than previously expected, according to new research from the Federal Reserve Bank of New York.Revisions to US inflation reports released in January showed that price gains in the last three months of 2022 as measured by the personal consumption expenditure price index were stronger and more broad based than previously thought, New York Fed researchers explained in a blog post published Thursday. Those adjustments, combined with data showing that another hot inflation reading for January, point to more persistent price pressures, the researchers said,Their analysis is based on a New York Fed model known as the Multivariate Core Trend, or MCT. Using the revised data for the end of 2022, the December estimate for the model would have been 4.3%, greater than the 3.7% that was previously calculated. The reading rose to 4.9% in January.“The current release of the MCT implies a significant upward revision in estimated inflation persistence,” wrote researchers Martín Almuzara and Argia Sbordone.That is not great news for policymakers fighting to keep robust price gains from becoming entrenched in the economy and in consumers’ mindsets. As Fed Chair Jerome Powell told lawmakers on Capitol Hill this week, recent economic data pointing to persistent inflation means officials are likely to need to take interest rates higher than they previously anticipated.Powell also said that officials are prepared to accelerate the pace of their rate increases if economic data keeps coming in hot. Officials stepped down to a 25 basis point rate increase in February following a half-point hike in December and four 75 basis-point increases last year. They acted aggressively last year as inflation soared and it remains well above their 2% target.Following Powell’s remarks, investors upped their bets that the Fed will return to a half-point hike when they meet again on March 21-22 and now are more or less evenly split on the odds of it happening. The Fed chief said the decision would be based on the “totality” of the incoming economic data, including an update on the labor market coming Friday morning and a fresh reading on consumer prices to be released March 14.The New York Fed researchers said the expectation for more persistent inflation can be explained in “roughly equal parts” by the trends in prices for core goods and core services excluding housing components. “By contrast, the contribution of housing inflation, while still elevated, appears to have stabilized in the more recent months,” they wrote.","news_type":1,"symbols_score_info":{".DJI":0.9,".SPX":0.9,".IXIC":0.9}},"isVote":1,"tweetType":1,"viewCount":830,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9949133496,"gmtCreate":1678417454015,"gmtModify":1678417457753,"author":{"id":"4094852596308640","authorId":"4094852596308640","name":"TKY1978","avatar":"https://static.tigerbbs.com/6cd12a4c4a07fc4dec7e7f7343b18227","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"4094852596308640","idStr":"4094852596308640"},"themes":[],"htmlText":"[Smile]&nbsp;","listText":"[Smile]&nbsp;","text":"[Smile]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9949133496","repostId":"2318291798","repostType":4,"isVote":1,"tweetType":1,"viewCount":1099,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9949133568,"gmtCreate":1678417445455,"gmtModify":1678417448742,"author":{"id":"4094852596308640","authorId":"4094852596308640","name":"TKY1978","avatar":"https://static.tigerbbs.com/6cd12a4c4a07fc4dec7e7f7343b18227","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"4094852596308640","idStr":"4094852596308640"},"themes":[],"htmlText":"[Smile]&nbsp;","listText":"[Smile]&nbsp;","text":"[Smile]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9949133568","repostId":"1125545329","repostType":4,"repost":{"id":"1125545329","kind":"news","weMediaInfo":{"introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"media_name":"Reuters","id":"1036604489","head_image":"https://static.tigerbbs.com/443ce19704621c837795676028cec868"},"pubTimestamp":1678417020,"share":"https://ttm.financial/m/news/1125545329?lang=en_US&edition=fundamental","pubTime":"2023-03-10 10:57","market":"us","language":"en","title":"Silicon Valley Bank Scrambles to Reassure Clients After 60% Stock Wipe-Out","url":"https://stock-news.laohu8.com/highlight/detail?id=1125545329","media":"Reuters","summary":"SVB Financial Group scrambled on Thursday to reassure its venture capital clients their money was sa","content":"<html><head></head><body><p><a href=\"https://laohu8.com/S/SIVB\">SVB Financial Group</a> scrambled on Thursday to reassure its venture capital clients their money was safe after a capital raise led to its stock collapsing 60% and contributed to wiping out over $80 billion in value from bank shares.</p><p>SVB, which does business as Silicon Valley Bank, launched a $1.75 billion share sale on Wednesday to shore up its balance sheet. It said in an investor prospectus it needed the proceeds to plug a $1.8 billion hole caused by the sale of a $21 billion loss-making bond portfolio consisting mostly of U.S. Treasuries. The portfolio was yielding it an average 1.79% return, far below the current 10-year Treasury yield of around 3.9%.</p><p>Investors in SVB&#39;s stock fretted over whether the capital raise would be sufficient given the deteriorating fortunes of many technology startups that the bank serves. The company&#39;s stock collapsed to its lowest level since 2016, and after the market closed shares slid another 26% in extended trade.</p><p>SVB&#39;s CEO Gregory Becker has been calling clients to assure them their money with the bank is safe, according to two people familiar with the matter.</p><p>Some startups have been advising their founders to pull out their money from SVB as a precautionary measure, the sources added. One of them is Peter Thiel&#39;s Founders Fund, according to one of the sources.</p><p>One San Francisco-based startup told Reuters they successfully wired all their funds out of SVB on Thursday afternoon, and the funds had appeared in their other bank account as a &#34;pending&#34; incoming wire by 4 pm Pacific Time on Thursday.</p><p>However, the Information publication reported the bank told four clients that transfers could be delayed.</p><p>SVB did not respond to multiple requests for comment.</p><p>A crucial lender for early-stage businesses, SVB is the banking partner for nearly half of U.S. venture-backed technology and healthcare companies that listed on stock markets in 2022.</p><p>&#34;While VC (venture capital) deployment has tracked our expectations, client cash burn has remained elevated and increased further in February, resulting in lower deposits than forecasted,&#34; Becker said in a letter to investors seen by Reuters.</p><p>BROADER RISKS?</p><p>The funding winter is a fallout of a relentless increase in borrowing costs by the Federal Reserve over the last year as well as elevated inflation.</p><p>The SVB turmoil raised investors&#39; concerns about broader risks in the sector.</p><p>Shares of <a href=\"https://laohu8.com/S/FRC\">First Republic</a>, a San Francisco-based bank, sank more than 16.5% after hitting the lowest level since October 2020, becoming the second-biggest decliner in the S&amp;P 500 index. Zion Bancorp (ZION.O) dropped more than 12% and the SPDR S&amp;P regional banking ETF (KRE.P) slid 8% after hitting its lowest point since January 2021.</p><p>Major U.S. banks were also hit, with Wells Fargo &amp; Co (WFC.N) down 6%, JPMorgan Chase &amp; Co (JPM.N) down 5.4%, Bank of America Corp (BAC.N) 6% lower and Citigroup Inc (C.N) 4% lower.</p><p>Thursday&#39;s slump evaporated over $80 billion in stock market value from the 18 banks making up the S&amp;P 500 banks index (.SPXBK), including a $22 billion drop in the value of JPMorgan.</p><p>In a separate deal, SVB said private equity firm General Atlantic will buy $500 million worth of its shares.</p><p>Meanwhile, ratings agency Moody&#39;s downgraded the bank&#39;s long-term local currency bank deposit.</p><p>Natalie Trevithick, head of investment grade credit strategy at investment adviser Payden &amp; Rygel, said the bank&#39;s bonds were not doing as poorly as the equity.</p><p>&#34;Future performance is going to be news dependent but I don&#39;t expect them to properly recover in the near term. It&#39;s not quite cheap enough for a lot of buy-the-dip people to come back in,&#34; Trevithick said.</p><p>Despite the latest concerns, analysts at brokerage firm Wedbush Securities said the bank had received significant proceeds from selling securities and raising capital.</p><p>&#34;We do not believe that SIVB is in a liquidity crisis,&#34; Wedbush analyst David Chiaverini said in a report, referring to the company&#39;s trading symbol.</p><p>POSITIONING FOR HIGHER RATES</p><p>SVB said that funds raised from the stock sale will be re-invested in shorter-term debt and the bank will double its term borrowing to $30 billion.</p><p>&#34;We are taking these actions because we expect continued higher interest rates, pressured public and private markets, and elevated cash burn levels from our clients,&#34; Becker said in the letter.</p><p>&#34;When we see a return to balance between venture investment and cash burn – we will be well positioned to accelerate growth and profitability,&#34; he said, noting SVB is &#34;well capitalized.&#34;</p><p>The bank also forecast a &#34;mid-thirties&#34; percentage decline in net interest income this year, larger than the &#34;high teens&#34; drop it forecast seven weeks earlier.</p><p>Bank stocks remained under pressure from &#34;risk-off sentiment&#34; and questions about systemic risks to the industry, said John Luke Tyner, a fixed income analyst at Aptus Capital Advisors.</p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Silicon Valley Bank Scrambles to Reassure Clients After 60% Stock Wipe-Out</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; 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}\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nSilicon Valley Bank Scrambles to Reassure Clients After 60% Stock Wipe-Out\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1036604489\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/443ce19704621c837795676028cec868);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Reuters </p>\n<p class=\"h-time\">2023-03-10 10:57</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p><a href=\"https://laohu8.com/S/SIVB\">SVB Financial Group</a> scrambled on Thursday to reassure its venture capital clients their money was safe after a capital raise led to its stock collapsing 60% and contributed to wiping out over $80 billion in value from bank shares.</p><p>SVB, which does business as Silicon Valley Bank, launched a $1.75 billion share sale on Wednesday to shore up its balance sheet. It said in an investor prospectus it needed the proceeds to plug a $1.8 billion hole caused by the sale of a $21 billion loss-making bond portfolio consisting mostly of U.S. Treasuries. The portfolio was yielding it an average 1.79% return, far below the current 10-year Treasury yield of around 3.9%.</p><p>Investors in SVB&#39;s stock fretted over whether the capital raise would be sufficient given the deteriorating fortunes of many technology startups that the bank serves. The company&#39;s stock collapsed to its lowest level since 2016, and after the market closed shares slid another 26% in extended trade.</p><p>SVB&#39;s CEO Gregory Becker has been calling clients to assure them their money with the bank is safe, according to two people familiar with the matter.</p><p>Some startups have been advising their founders to pull out their money from SVB as a precautionary measure, the sources added. One of them is Peter Thiel&#39;s Founders Fund, according to one of the sources.</p><p>One San Francisco-based startup told Reuters they successfully wired all their funds out of SVB on Thursday afternoon, and the funds had appeared in their other bank account as a &#34;pending&#34; incoming wire by 4 pm Pacific Time on Thursday.</p><p>However, the Information publication reported the bank told four clients that transfers could be delayed.</p><p>SVB did not respond to multiple requests for comment.</p><p>A crucial lender for early-stage businesses, SVB is the banking partner for nearly half of U.S. venture-backed technology and healthcare companies that listed on stock markets in 2022.</p><p>&#34;While VC (venture capital) deployment has tracked our expectations, client cash burn has remained elevated and increased further in February, resulting in lower deposits than forecasted,&#34; Becker said in a letter to investors seen by Reuters.</p><p>BROADER RISKS?</p><p>The funding winter is a fallout of a relentless increase in borrowing costs by the Federal Reserve over the last year as well as elevated inflation.</p><p>The SVB turmoil raised investors&#39; concerns about broader risks in the sector.</p><p>Shares of <a href=\"https://laohu8.com/S/FRC\">First Republic</a>, a San Francisco-based bank, sank more than 16.5% after hitting the lowest level since October 2020, becoming the second-biggest decliner in the S&amp;P 500 index. Zion Bancorp (ZION.O) dropped more than 12% and the SPDR S&amp;P regional banking ETF (KRE.P) slid 8% after hitting its lowest point since January 2021.</p><p>Major U.S. banks were also hit, with Wells Fargo &amp; Co (WFC.N) down 6%, JPMorgan Chase &amp; Co (JPM.N) down 5.4%, Bank of America Corp (BAC.N) 6% lower and Citigroup Inc (C.N) 4% lower.</p><p>Thursday&#39;s slump evaporated over $80 billion in stock market value from the 18 banks making up the S&amp;P 500 banks index (.SPXBK), including a $22 billion drop in the value of JPMorgan.</p><p>In a separate deal, SVB said private equity firm General Atlantic will buy $500 million worth of its shares.</p><p>Meanwhile, ratings agency Moody&#39;s downgraded the bank&#39;s long-term local currency bank deposit.</p><p>Natalie Trevithick, head of investment grade credit strategy at investment adviser Payden &amp; Rygel, said the bank&#39;s bonds were not doing as poorly as the equity.</p><p>&#34;Future performance is going to be news dependent but I don&#39;t expect them to properly recover in the near term. It&#39;s not quite cheap enough for a lot of buy-the-dip people to come back in,&#34; Trevithick said.</p><p>Despite the latest concerns, analysts at brokerage firm Wedbush Securities said the bank had received significant proceeds from selling securities and raising capital.</p><p>&#34;We do not believe that SIVB is in a liquidity crisis,&#34; Wedbush analyst David Chiaverini said in a report, referring to the company&#39;s trading symbol.</p><p>POSITIONING FOR HIGHER RATES</p><p>SVB said that funds raised from the stock sale will be re-invested in shorter-term debt and the bank will double its term borrowing to $30 billion.</p><p>&#34;We are taking these actions because we expect continued higher interest rates, pressured public and private markets, and elevated cash burn levels from our clients,&#34; Becker said in the letter.</p><p>&#34;When we see a return to balance between venture investment and cash burn – we will be well positioned to accelerate growth and profitability,&#34; he said, noting SVB is &#34;well capitalized.&#34;</p><p>The bank also forecast a &#34;mid-thirties&#34; percentage decline in net interest income this year, larger than the &#34;high teens&#34; drop it forecast seven weeks earlier.</p><p>Bank stocks remained under pressure from &#34;risk-off sentiment&#34; and questions about systemic risks to the industry, said John Luke Tyner, a fixed income analyst at Aptus Capital Advisors.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1125545329","content_text":"SVB Financial Group scrambled on Thursday to reassure its venture capital clients their money was safe after a capital raise led to its stock collapsing 60% and contributed to wiping out over $80 billion in value from bank shares.SVB, which does business as Silicon Valley Bank, launched a $1.75 billion share sale on Wednesday to shore up its balance sheet. It said in an investor prospectus it needed the proceeds to plug a $1.8 billion hole caused by the sale of a $21 billion loss-making bond portfolio consisting mostly of U.S. Treasuries. The portfolio was yielding it an average 1.79% return, far below the current 10-year Treasury yield of around 3.9%.Investors in SVB's stock fretted over whether the capital raise would be sufficient given the deteriorating fortunes of many technology startups that the bank serves. The company's stock collapsed to its lowest level since 2016, and after the market closed shares slid another 26% in extended trade.SVB's CEO Gregory Becker has been calling clients to assure them their money with the bank is safe, according to two people familiar with the matter.Some startups have been advising their founders to pull out their money from SVB as a precautionary measure, the sources added. One of them is Peter Thiel's Founders Fund, according to one of the sources.One San Francisco-based startup told Reuters they successfully wired all their funds out of SVB on Thursday afternoon, and the funds had appeared in their other bank account as a \"pending\" incoming wire by 4 pm Pacific Time on Thursday.However, the Information publication reported the bank told four clients that transfers could be delayed.SVB did not respond to multiple requests for comment.A crucial lender for early-stage businesses, SVB is the banking partner for nearly half of U.S. venture-backed technology and healthcare companies that listed on stock markets in 2022.\"While VC (venture capital) deployment has tracked our expectations, client cash burn has remained elevated and increased further in February, resulting in lower deposits than forecasted,\" Becker said in a letter to investors seen by Reuters.BROADER RISKS?The funding winter is a fallout of a relentless increase in borrowing costs by the Federal Reserve over the last year as well as elevated inflation.The SVB turmoil raised investors' concerns about broader risks in the sector.Shares of First Republic, a San Francisco-based bank, sank more than 16.5% after hitting the lowest level since October 2020, becoming the second-biggest decliner in the S&P 500 index. Zion Bancorp (ZION.O) dropped more than 12% and the SPDR S&P regional banking ETF (KRE.P) slid 8% after hitting its lowest point since January 2021.Major U.S. banks were also hit, with Wells Fargo & Co (WFC.N) down 6%, JPMorgan Chase & Co (JPM.N) down 5.4%, Bank of America Corp (BAC.N) 6% lower and Citigroup Inc (C.N) 4% lower.Thursday's slump evaporated over $80 billion in stock market value from the 18 banks making up the S&P 500 banks index (.SPXBK), including a $22 billion drop in the value of JPMorgan.In a separate deal, SVB said private equity firm General Atlantic will buy $500 million worth of its shares.Meanwhile, ratings agency Moody's downgraded the bank's long-term local currency bank deposit.Natalie Trevithick, head of investment grade credit strategy at investment adviser Payden & Rygel, said the bank's bonds were not doing as poorly as the equity.\"Future performance is going to be news dependent but I don't expect them to properly recover in the near term. It's not quite cheap enough for a lot of buy-the-dip people to come back in,\" Trevithick said.Despite the latest concerns, analysts at brokerage firm Wedbush Securities said the bank had received significant proceeds from selling securities and raising capital.\"We do not believe that SIVB is in a liquidity crisis,\" Wedbush analyst David Chiaverini said in a report, referring to the company's trading symbol.POSITIONING FOR HIGHER RATESSVB said that funds raised from the stock sale will be re-invested in shorter-term debt and the bank will double its term borrowing to $30 billion.\"We are taking these actions because we expect continued higher interest rates, pressured public and private markets, and elevated cash burn levels from our clients,\" Becker said in the letter.\"When we see a return to balance between venture investment and cash burn – we will be well positioned to accelerate growth and profitability,\" he said, noting SVB is \"well capitalized.\"The bank also forecast a \"mid-thirties\" percentage decline in net interest income this year, larger than the \"high teens\" drop it forecast seven weeks earlier.Bank stocks remained under pressure from \"risk-off sentiment\" and questions about systemic risks to the industry, said John Luke Tyner, a fixed income analyst at Aptus Capital Advisors.","news_type":1,"symbols_score_info":{"FRC":0.9,"SIVB":0.9}},"isVote":1,"tweetType":1,"viewCount":1104,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"hots":[{"id":9957244343,"gmtCreate":1677335290983,"gmtModify":1677335304938,"author":{"id":"4094852596308640","authorId":"4094852596308640","name":"TKY1978","avatar":"https://static.tigerbbs.com/6cd12a4c4a07fc4dec7e7f7343b18227","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"4094852596308640","idStr":"4094852596308640"},"themes":[],"htmlText":"[Smile]&nbsp;[Smile]&nbsp;","listText":"[Smile]&nbsp;[Smile]&nbsp;","text":"[Smile] [Smile]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":22,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9957244343","repostId":"1117520516","repostType":2,"repost":{"id":"1117520516","kind":"news","weMediaInfo":{"introduction":"Providing stock market headlines, business news, financials and earnings ","home_visible":1,"media_name":"Tiger Newspress","id":"1079075236","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"pubTimestamp":1677334099,"share":"https://ttm.financial/m/news/1117520516?lang=en_US&edition=fundamental","pubTime":"2023-02-25 22:08","market":"us","language":"en","title":"Buffett’s Annual Letter: Berkshire Will Always Hold a Boatload of Cash and U.S. Treasury Bills","url":"https://stock-news.laohu8.com/highlight/detail?id=1117520516","media":"Tiger Newspress","summary":"Warren Buffett is still betting on America.Stocks and bonds slumped in 2022 after central banks rais","content":"<html><head></head><body><p>Warren Buffett is still betting on America.</p><p>Stocks and bonds slumped in 2022 after central banks raised interest rates at a rapid pace to try to rein in inflation. But Mr. Buffett retained his sense of optimism in his annual letter to investors Saturday, saying he attributes much of his success over the years to the resilience of the U.S. economy.</p><p>“I have been investing for 80 years—more than one-third of our country’s lifetime. Despite our citizens’ penchant—almost enthusiasm—for self-criticism and self-doubt, I have yet to see a time when it made sense to make a long-term bet against America,” Mr. Buffett said in the letter.</p><p>Mr. Buffett, widely regarded as one of the world’s top investors, has been publishing the letters for more than half a century. Over that time, he hasn’t just reflected on the past year for his company, Berkshire Hathaway Inc., but also shared his thoughts on everything from esoteric accounting rules to his aversion to excessive risk-taking.</p><p>Saturday’s letter offered readers a glimpse into how Mr. Buffett, 92, viewed what wound up being a shaky stretch for markets.</p><p>The volatility offered Berkshire an opportunity to jump in and buy stocks. While Berkshire largely bought back its own shares in 2021, it focused more in 2022 on investing in other companies—opening up new positions in media company Paramount Global and building-materials manufacturer Louisiana-Pacific Corp., among other businesses, and swiftly becoming Occidental Petroleum Corp.’s single biggest shareholder.</p><p>As of the end of 2022, Berkshire was the largest shareholder of eight companies—American Express Co., Bank of America Corp., Chevron Corp., Coca-Cola Co., HP Inc., Moody’s Corp., Occidental and Paramount Global.</p><p>“America would have done fine without Berkshire. The reverse is not true,” Mr. Buffett said.</p><p>Berkshire also released its results for 2022 on Saturday.</p><p>The Omaha, Neb., company, which owns businesses including insurer Geico, railroad BNSF Railway and chocolate maker See’s Candies, posted a loss of $22.82 billion for the year, stung by $67.9 billion in investment and derivative contract losses. In 2021, Berkshire posted a profit of $90.8 billion.</p><p>Total revenue rose 9.4% to $302.1 billion.</p><p>Berkshire’s operating earnings, which exclude some investment results, rose to a record $30.8 billion.</p><p>Mr. Buffett, Berkshire’s chief executive, has long held that operating earnings are a better reflection of how Berkshire is doing, since accounting rules require the company to include unrealized gains and losses from its massive investment portfolio in its net income. Volatile markets can make Berkshire’s net income change substantially from quarter to quarter, regardless of how its underlying businesses are doing.</p><p>“Capital gains, to be sure, have been hugely important to Berkshire over past decades, and we expect them to be meaningfully positive in future decades,” Mr. Buffett said in his letter. “But their quarter-by-quarter gyrations, regularly and mindlessly headlined by media, totally misinform investors,” he said, adding that he and his right-hand man Charlie Munger urged shareholders to focus instead on Berkshire’s operating earnings, which rose to a record for the full year in 2022.</p><h2>Read the full letter here:</h2><p>To the Shareholders of Berkshire Hathaway Inc.:</p><p>Charlie Munger, my long-time partner, and I have the job of managing the savings of a great number of individuals. We are grateful for their enduring trust, a relationship that often spans much of their adult lifetime. It is those dedicated savers that are forefront in my mind as I write this letter.</p><p>A common belief is that people choose to save when young, expecting thereby to maintain their living standards after retirement. Any assets that remain at death, this theory says, will usually be left to their families or, possibly, to friends and philanthropy.</p><p>Our experience has differed. We believe Berkshire’s individual holders largely to be of the once-a-saver, always-a-saver variety. Though these people live well, they eventually dispense most of their funds to philanthropic organizations. These, in turn, redistribute the funds by expenditures intended to improve the lives of a great many people who are unrelated to the original benefactor. Sometimes, the results have been spectacular.</p><p>The disposition of money unmasks humans. Charlie and I watch with pleasure the vast flow of Berkshire-generated funds to public needs and, alongside, the infrequency with which our shareholders opt for look-at-me assets and dynasty-building.</p><p>Who wouldn’t enjoy working for shareholders like ours?</p><h2>What We Do</h2><p>Charlie and I allocate your savings at Berkshire between two related forms of ownership. First, we invest in businesses that we control, usually buying 100% of each. Berkshire directs capital allocation at these subsidiaries and selects the CEOs who make day-by-day operating decisions. When large enterprises are being managed, both trust and rules are essential. Berkshire emphasizes the former to an unusual – some would say extreme – degree. Disappointments are inevitable. We are understanding about business mistakes; our tolerance for personal misconduct is zero.</p><p>In our second category of ownership, we buy publicly-traded stocks through which we passively own pieces of businesses. Holding these investments, we have no say in management.</p><p>Our goal in both forms of ownership is to make meaningful investments in businesses with both long-lasting favorable economic characteristics and trustworthy managers. Please note particularly that we own publicly-traded stocks based on our expectations about their long-term business performance, not because we view them as vehicles for adroit purchases and sales. That point is crucial: Charlie and I are not stock-pickers; we are business-pickers.</p><p>Over the years, I have made many mistakes. Consequently, our extensive collection of businesses currently consists of a few enterprises that have truly extraordinary economics, many that enjoy very good economic characteristics, and a large group that are marginal. Along the way, other businesses in which I have invested have died, their products unwanted by the public. Capitalism has two sides: The system creates an ever-growing pile of losers while concurrently delivering a gusher of improved goods and services. Schumpeter called this phenomenon “creative destruction.”</p><p>One advantage of our publicly-traded segment is that – episodically – it becomes easy to buy pieces of wonderful businesses at wonderful prices. It’s crucial to understand that stocks often trade at truly foolish prices, both high and low. “Efficient” markets exist only in textbooks. In truth, marketable stocks and bonds are baffling, their behavior usually understandable only in retrospect.</p><p>Controlled businesses are a different breed. They sometimes command ridiculously higher prices than justified but are almost never available at bargain valuations. Unless under duress, the owner of a controlled business gives no thought to selling at a panic-type valuation.</p><p>* * * * * * * * * * * *</p><p>At this point, a report card from me is appropriate: In 58 years of Berkshire management, most of my capital-allocation decisions have been no better than so-so. In some cases, also, bad moves by me have been rescued by very large doses of luck. (Remember our escapes from near-disasters at USAir and Salomon? I certainly do.)</p><p>Our satisfactory results have been the product of about a dozen truly good decisions – that would be about one every five years – and a sometimes-forgotten advantage that favors long-term investors such as Berkshire. Let’s take a peek behind the curtain.</p><h2>The Secret Sauce</h2><p>In August 1994 – yes, 1994 – Berkshire completed its seven-year purchase of the 400 million shares of Coca-Cola we now own. The total cost was $1.3 billion – then a very meaningful sum at Berkshire.</p><p>The cash dividend we received from Coke in 1994 was $75 million. By 2022, the dividend had increased to $704 million. Growth occurred every year, just as certain as birthdays. All Charlie and I were required to do was cash Coke’s quarterly dividend checks. We expect that those checks are highly likely to grow.</p><p>American Express is much the same story. Berkshire’s purchases of Amex were essentially completed in 1995 and, coincidentally, also cost $1.3 billion. Annual dividends received from this investment have grown from $41 million to $302 million. Those checks, too, seem highly likely to increase.</p><p>These dividend gains, though pleasing, are far from spectacular. But they bring with them important gains in stock prices. At yearend, our Coke investment was valued at $25 billion while Amex was recorded at $22 billion. Each holding now accounts for roughly 5% of Berkshire’s net worth, akin to its weighting long ago.</p><p>Assume, for a moment, I had made a similarly-sized investment mistake in the 1990s, one that flat-lined and simply retained its $1.3 billion value in 2022. (An example would be a high-grade 30-year bond.) That disappointing investment would now represent an insignificant 0.3% of Berkshire’s net worth and would be delivering to us an unchanged $80 million or so of annual income.</p><p>The lesson for investors: The weeds wither away in significance as the flowers bloom. Over time, it takes just a few winners to work wonders. And, yes, it helps to start early and live into your 90s as well.</p><h2>The Past Year in Brief</h2><p>Berkshire had a good year in 2022. The company’s operating earnings – our term for income calculated using Generally Accepted Accounting Principles (“GAAP”), exclusive of capital gains or losses from equity holdings – set a record at $30.8 billion. Charlie and I focus on this operational figure and urge you to do so as well. The GAAP figure, absent our adjustment, fluctuates wildly and capriciously at every reporting date. Note its acrobatic behavior in 2022, which is in no way unusual:</p><p><img src=\"https://static.tigerbbs.com/69e74650656620f9fa3f1e55c15a90e5\" tg-width=\"797\" tg-height=\"207\" width=\"100%\" height=\"auto\"/></p><p>The GAAP earnings are 100% misleading when viewed quarterly or even annually. Capital gains, to be sure, have been hugely important to Berkshire over past decades, and we expect them to be meaningfully positive in future decades. But their quarter-by-quarter gyrations, regularly and mindlessly headlined by media, totally misinform investors.</p><p>A second positive development for Berkshire last year was our purchase of Alleghany Corporation, a property-casualty insurer captained by Joe Brandon. I’ve worked with Joe in the past, and he understands both Berkshire  and insurance. Alleghany delivers special value to us because Berkshire’s unmatched financial strength allows its insurance subsidiaries to follow valuable and enduring investment strategies unavailable to virtually all competitors.</p><p>Aided by Alleghany, our insurance float increased during 2022 from $147 billion to $164 billion. With disciplined underwriting, these funds have a decent chance of being cost-free over time. Since purchasing our first property-casualty insurer in 1967, Berkshire’s float has increased 8,000-fold through acquisitions, operations and innovations. Though not recognized in our financial statements, this float has been an extraordinary asset for Berkshire. New shareholders can get an understanding of its value by reading our annually updated explanation of float on page A-2.</p><p>* * * * * * * * * * * *</p><p>A very minor gain in per-share intrinsic value took place in 2022 through Berkshire share repurchases as well as similar moves at Apple and American Express, both significant investees of ours. At Berkshire, we directly increased your interest in our unique collection of businesses by repurchasing 1.2% of the company’s outstanding shares. At Apple and Amex, repurchases increased Berkshire’s ownership a bit without any cost to us.</p><p>The math isn’t complicated: When the share count goes down, your interest in our many businesses goes up. Every small bit helps if repurchases are made at value-accretive prices. Just as surely, when a company overpays for repurchases, the continuing shareholders lose. At such times, gains flow only to the selling shareholders and to the friendly, but expensive, investment banker who recommended the foolish purchases.</p><p>Gains from value-accretive repurchases, it should be emphasized, benefit all owners – in every respect. Imagine, if you will, three fully-informed shareholders of a local auto dealership, one of whom manages the business. Imagine, further, that one of the passive owners wishes to sell his interest back to the company at a price attractive to the two continuing shareholders. When completed, has this transaction harmed anyone? Is the manager somehow favored over the continuing passive owners? Has the public been hurt?</p><p>When you are told that all repurchases are harmful to shareholders or to the country, or particularly beneficial to CEOs, you are listening to either an economic illiterate or a silver-tongued demagogue (characters that are not mutually exclusive).</p><p>Almost endless details of Berkshire’s 2022 operations are laid out on pages K-33 – K-66. Charlie and I, along with many Berkshire shareholders, enjoy poring over the many facts and figures laid out in that section. These pages are not, however, required reading. There are many Berkshire centimillionaires and, yes, billionaires who have never studied our financial figures. They simply know that Charlie and I – along with our families and close friends – continue to have very significant investments in Berkshire, and they trust us to treat their money as we do our own.</p><p>And that is a promise we can make.</p><p>* * * * * * * * * * * *</p><p>Finally, an important warning: Even the operating earnings figure that we favor can easily be manipulated by managers who wish to do so. Such tampering is often thought of as sophisticated by CEOs, directors and their advisors. Reporters and analysts embrace its existence as well. Beating “expectations” is heralded as a managerial triumph.</p><p>That activity is disgusting. It requires no talent to manipulate numbers: Only a deep desire to deceive is required. “Bold imaginative accounting,” as a CEO once described his deception to me, has become one of the shames of capitalism.</p><h2>58 Years – and a Few Figures</h2><p>In 1965, Berkshire was a one-trick pony, the owner of a venerable – but doomed – New England textile operation. With that business on a death march, Berkshire needed an immediate fresh start. Looking back, I was slow to recognize the severity of its problems.</p><p>And then came a stroke of good luck: National Indemnity became available in 1967, and we shifted our resources toward insurance and other non-textile operations.</p><p>Thus began our journey to 2023, a bumpy road involving a combination of continuous savings by our owners (that is, by their retaining earnings), the power of compounding, our avoidance of major mistakes and – most important of all – the American Tailwind. America would have done fine without Berkshire. The reverse is not true.</p><p>Berkshire now enjoys major ownership in an unmatched collection of huge and diversified businesses. Let’s first look at the 5,000 or so publicly-held companies that trade daily on NASDAQ, the NYSE and related venues. Within this group is housed the members of the S&amp;P 500 Index, an elite collection of large and well-known American companies.</p><p>In aggregate, the 500 earned $1.8 trillion in 2021. I don’t yet have the final results for 2022. Using, therefore, the 2021 figures, only 128 of the 500 (including Berkshire itself) earned $3 billion or more. Indeed, 23 lost money.</p><p>At yearend 2022, Berkshire was the largest owner of eight of these giants: American Express, Bank of America, Chevron, Coca-Cola, HP Inc., Moody’s, Occidental Petroleum and Paramount Global.</p><p>In addition to those eight investees, Berkshire owns 100% of BNSF and 92% of BH Energy, each with earnings that exceed the $3 billion mark noted above ($5.9 billion at BNSF and</p><p>$4.3 billion at BHE). Were these companies publicly-owned, they would replace two present members of the 500. All told, our ten controlled and non-controlled behemoths leave Berkshire more broadly aligned with the country’s economic future than is the case at any other U.S. company. (This calculation leaves aside “fiduciary” operations such as pension funds and investment companies.) In addition, Berkshire’s insurance operation, though conducted through many individually-managed subsidiaries, has a value comparable to BNSF or BHE.</p><p>As for the future, Berkshire will always hold a boatload of cash and U.S. Treasury bills along with a wide array of businesses. We will also avoid behavior that could result in any uncomfortable cash needs at inconvenient times, including financial panics and unprecedented insurance losses. Our CEO will always be the Chief Risk Officer – a task it is irresponsible to delegate. Additionally, our future CEOs will have a significant part of their net worth in Berkshire shares, bought with their own money. And yes, our shareholders will continue to save and prosper by retaining earnings.</p><p>At Berkshire, there will be no finish line.</p><h2>Some Surprising Facts About Federal Taxes</h2><p>During the decade ending in 2021, the United States Treasury received about $32.3 trillion in taxes while it spent $43.9 trillion.</p><p>Though economists, politicians and many of the public have opinions about the consequences of that huge imbalance, Charlie and I plead ignorance and firmly believe that near-term economic and market forecasts are worse than useless. Our job is to manage Berkshire’s operations and finances in a manner that will achieve an acceptable result over time and that will preserve the company’s unmatched staying power when financial panics or severe worldwide recessions occur. Berkshire also offers some modest protection from runaway inflation, but this attribute is far from perfect. Huge and entrenched fiscal deficits have consequences.</p><p>The $32 trillion of revenue was garnered by the Treasury through individual income taxes (48%), social security and related receipts (3412%), corporate income tax payments (812%) and a wide variety of lesser levies. Berkshire’s contribution via the corporate income tax was $32 billion during the decade, almost exactly a tenth of 1% of all money that the Treasury collected.</p><p>And that means – brace yourself – had there been roughly 1,000 taxpayers in the U.S. matching Berkshire’s payments, no other businesses nor any of the country’s 131 million households would have needed to pay any taxes to the federal government. Not a dime.</p><p>* * * * * * * * * * * *</p><p>Millions, billions, trillions – we all know the words, but the sums involved are almost impossible to comprehend. Let’s put physical dimensions to the numbers:</p><p>- If you convert $1 million into newly-printed $100 bills, you will have a stack that reaches your chest.</p><p>- Perform the same exercise with $1 billion – this is getting exciting! – and the stack reaches about 34 of a mile into the sky.</p><p>- Finally, imagine piling up $32 billion, the total of Berkshire’s 2012-21 federal income tax payments. Now the stack grows to more than 21 miles in height, about three times the level at which commercial airplanes usually cruise.</p><p>When it comes to federal taxes, individuals who own Berkshire can unequivocally state “I gave at the office.”</p><p>* * * * * * * * * * * *</p><p>At Berkshire we hope and expect to pay much more in taxes during the next decade. We owe the country no less: America’s dynamism has made a huge contribution to whatever success Berkshire has achieved – a contribution Berkshire will always need. We count on the American Tailwind and, though it has been becalmed from time to time, its propelling force has always returned.</p><p>I have been investing for 80 years – more than one-third of our country’s lifetime. Despite our citizens’ penchant – almost enthusiasm – for self-criticism and self-doubt, I have yet to see a time when it made sense to make a long-term bet against America. And I doubt very much that any reader of this letter will have a different experience in the future.</p><h2>Nothing Beats Having a Great Partner</h2><p>Charlie and I think pretty much alike. But what it takes me a page to explain, he sums up in a sentence. His version, moreover, is always more clearly reasoned and also more artfully – some might add bluntly – stated.</p><p>Here are a few of his thoughts, many lifted from a very recent podcast:</p><p>- The world is full of foolish gamblers, and they will not do as well as the patient investor.</p><p>- If you don’t see the world the way it is, it’s like judging something through a distorted lens.</p><p>- All I want to know is where I’m going to die, so I’ll never go there. And a related thought: Early on, write your desired obituary – and then behave accordingly.</p><p>- If you don’t care whether you are rational or not, you won’t work on it. Then you will stay irrational and get lousy results.</p><p>- Patience can be learned. Having a long attention span and the ability to concentrate on one thing for a long time is a huge advantage.</p><p>- You can learn a lot from dead people. Read of the deceased you admire and detest.</p><p>- Don’t bail away in a sinking boat if you can swim to one that is seaworthy.</p><p>- A great company keeps working after you are not; a mediocre company won’t do that.</p><p>- Warren and I don’t focus on the froth of the market. We seek out good long-term investments and stubbornly hold them for a long time.</p><p>- Ben Graham said, “Day to day, the stock market is a voting machine; in the long term it’s a weighing machine.” If you keep making something more valuable, then some wise person is going to notice it and start buying.</p><p>- There is no such thing as a 100% sure thing when investing. Thus, the use of leverage is dangerous. A string of wonderful numbers times zero will always equal zero. Don’t count on getting rich twice.</p><p>- You don’t, however, need to own a lot of things in order to get rich.</p><p>- You have to keep learning if you want to become a great investor. When the world changes, you must change.</p><p>- Warren and I hated railroad stocks for decades, but the world changed and finally the country had four huge railroads of vital importance to the American economy. We were slow to recognize the change, but better late than never.</p><p>- Finally, I will add two short sentences by Charlie that have been his decision-clinchers for decades: “Warren, think more about it. You’re smart and I’m right.”</p><p>And so it goes. I never have a phone call with Charlie without learning something. And, while he makes me think, he also makes me laugh.</p><p>* * * * * * * * * * * *</p><p>I will add to Charlie’s list a rule of my own:   Find   a   very   smart   high-grade partner – preferably slightly older than you – and then listen very carefully to what he says.</p><h2>A Family Gathering in Omaha</h2><p>Charlie and I are shameless. Last year, at our first shareholder get-together in three years, we greeted you with our usual commercial hustle.</p><p>From the opening bell, we went straight for your wallet. In short order, our See’s kiosk sold you eleven tons of nourishing peanut brittle and chocolates. In our P.T. Barnum pitch, we promised you longevity. After all, what else but candy from See’s could account for Charlie and me making it to 99 and 92?</p><p>I know you can’t wait to hear the specifics of last year’s hustle.</p><p>On Friday, the doors were open from noon until 5 p.m., and our candy counters rang up 2,690 individual sales. On Saturday, See’s registered an additional 3,931 transactions between 7 a.m. and 4:30 p.m., despite the fact that 612 of the 912 operating hours occurred while our movie and the question-and-answer session were limiting commercial traffic.</p><p>Do the math: See’s rang up about 10 sales per minute during its prime operating time (racking up $400,309 of volume during the two days), with all the goods purchased at a single location selling products that haven’t been materially altered in 101 years. What worked for See’s in the days of Henry Ford’s model T works now.</p><p>* * * * * * * * * * * *</p><p>Charlie, I, and the entire Berkshire bunch look forward to seeing you in Omaha on May 5-6. We will have a good time and so will you.</p><p>February 25, 2023 Warren E. Buffett </p><p>Chairman of the Board</p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Buffett’s Annual Letter: Berkshire Will Always Hold a Boatload of Cash and U.S. Treasury Bills</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nBuffett’s Annual Letter: Berkshire Will Always Hold a Boatload of Cash and U.S. Treasury Bills\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time\">2023-02-25 22:08</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>Warren Buffett is still betting on America.</p><p>Stocks and bonds slumped in 2022 after central banks raised interest rates at a rapid pace to try to rein in inflation. But Mr. Buffett retained his sense of optimism in his annual letter to investors Saturday, saying he attributes much of his success over the years to the resilience of the U.S. economy.</p><p>“I have been investing for 80 years—more than one-third of our country’s lifetime. Despite our citizens’ penchant—almost enthusiasm—for self-criticism and self-doubt, I have yet to see a time when it made sense to make a long-term bet against America,” Mr. Buffett said in the letter.</p><p>Mr. Buffett, widely regarded as one of the world’s top investors, has been publishing the letters for more than half a century. Over that time, he hasn’t just reflected on the past year for his company, Berkshire Hathaway Inc., but also shared his thoughts on everything from esoteric accounting rules to his aversion to excessive risk-taking.</p><p>Saturday’s letter offered readers a glimpse into how Mr. Buffett, 92, viewed what wound up being a shaky stretch for markets.</p><p>The volatility offered Berkshire an opportunity to jump in and buy stocks. While Berkshire largely bought back its own shares in 2021, it focused more in 2022 on investing in other companies—opening up new positions in media company Paramount Global and building-materials manufacturer Louisiana-Pacific Corp., among other businesses, and swiftly becoming Occidental Petroleum Corp.’s single biggest shareholder.</p><p>As of the end of 2022, Berkshire was the largest shareholder of eight companies—American Express Co., Bank of America Corp., Chevron Corp., Coca-Cola Co., HP Inc., Moody’s Corp., Occidental and Paramount Global.</p><p>“America would have done fine without Berkshire. The reverse is not true,” Mr. Buffett said.</p><p>Berkshire also released its results for 2022 on Saturday.</p><p>The Omaha, Neb., company, which owns businesses including insurer Geico, railroad BNSF Railway and chocolate maker See’s Candies, posted a loss of $22.82 billion for the year, stung by $67.9 billion in investment and derivative contract losses. In 2021, Berkshire posted a profit of $90.8 billion.</p><p>Total revenue rose 9.4% to $302.1 billion.</p><p>Berkshire’s operating earnings, which exclude some investment results, rose to a record $30.8 billion.</p><p>Mr. Buffett, Berkshire’s chief executive, has long held that operating earnings are a better reflection of how Berkshire is doing, since accounting rules require the company to include unrealized gains and losses from its massive investment portfolio in its net income. Volatile markets can make Berkshire’s net income change substantially from quarter to quarter, regardless of how its underlying businesses are doing.</p><p>“Capital gains, to be sure, have been hugely important to Berkshire over past decades, and we expect them to be meaningfully positive in future decades,” Mr. Buffett said in his letter. “But their quarter-by-quarter gyrations, regularly and mindlessly headlined by media, totally misinform investors,” he said, adding that he and his right-hand man Charlie Munger urged shareholders to focus instead on Berkshire’s operating earnings, which rose to a record for the full year in 2022.</p><h2>Read the full letter here:</h2><p>To the Shareholders of Berkshire Hathaway Inc.:</p><p>Charlie Munger, my long-time partner, and I have the job of managing the savings of a great number of individuals. We are grateful for their enduring trust, a relationship that often spans much of their adult lifetime. It is those dedicated savers that are forefront in my mind as I write this letter.</p><p>A common belief is that people choose to save when young, expecting thereby to maintain their living standards after retirement. Any assets that remain at death, this theory says, will usually be left to their families or, possibly, to friends and philanthropy.</p><p>Our experience has differed. We believe Berkshire’s individual holders largely to be of the once-a-saver, always-a-saver variety. Though these people live well, they eventually dispense most of their funds to philanthropic organizations. These, in turn, redistribute the funds by expenditures intended to improve the lives of a great many people who are unrelated to the original benefactor. Sometimes, the results have been spectacular.</p><p>The disposition of money unmasks humans. Charlie and I watch with pleasure the vast flow of Berkshire-generated funds to public needs and, alongside, the infrequency with which our shareholders opt for look-at-me assets and dynasty-building.</p><p>Who wouldn’t enjoy working for shareholders like ours?</p><h2>What We Do</h2><p>Charlie and I allocate your savings at Berkshire between two related forms of ownership. First, we invest in businesses that we control, usually buying 100% of each. Berkshire directs capital allocation at these subsidiaries and selects the CEOs who make day-by-day operating decisions. When large enterprises are being managed, both trust and rules are essential. Berkshire emphasizes the former to an unusual – some would say extreme – degree. Disappointments are inevitable. We are understanding about business mistakes; our tolerance for personal misconduct is zero.</p><p>In our second category of ownership, we buy publicly-traded stocks through which we passively own pieces of businesses. Holding these investments, we have no say in management.</p><p>Our goal in both forms of ownership is to make meaningful investments in businesses with both long-lasting favorable economic characteristics and trustworthy managers. Please note particularly that we own publicly-traded stocks based on our expectations about their long-term business performance, not because we view them as vehicles for adroit purchases and sales. That point is crucial: Charlie and I are not stock-pickers; we are business-pickers.</p><p>Over the years, I have made many mistakes. Consequently, our extensive collection of businesses currently consists of a few enterprises that have truly extraordinary economics, many that enjoy very good economic characteristics, and a large group that are marginal. Along the way, other businesses in which I have invested have died, their products unwanted by the public. Capitalism has two sides: The system creates an ever-growing pile of losers while concurrently delivering a gusher of improved goods and services. Schumpeter called this phenomenon “creative destruction.”</p><p>One advantage of our publicly-traded segment is that – episodically – it becomes easy to buy pieces of wonderful businesses at wonderful prices. It’s crucial to understand that stocks often trade at truly foolish prices, both high and low. “Efficient” markets exist only in textbooks. In truth, marketable stocks and bonds are baffling, their behavior usually understandable only in retrospect.</p><p>Controlled businesses are a different breed. They sometimes command ridiculously higher prices than justified but are almost never available at bargain valuations. Unless under duress, the owner of a controlled business gives no thought to selling at a panic-type valuation.</p><p>* * * * * * * * * * * *</p><p>At this point, a report card from me is appropriate: In 58 years of Berkshire management, most of my capital-allocation decisions have been no better than so-so. In some cases, also, bad moves by me have been rescued by very large doses of luck. (Remember our escapes from near-disasters at USAir and Salomon? I certainly do.)</p><p>Our satisfactory results have been the product of about a dozen truly good decisions – that would be about one every five years – and a sometimes-forgotten advantage that favors long-term investors such as Berkshire. Let’s take a peek behind the curtain.</p><h2>The Secret Sauce</h2><p>In August 1994 – yes, 1994 – Berkshire completed its seven-year purchase of the 400 million shares of Coca-Cola we now own. The total cost was $1.3 billion – then a very meaningful sum at Berkshire.</p><p>The cash dividend we received from Coke in 1994 was $75 million. By 2022, the dividend had increased to $704 million. Growth occurred every year, just as certain as birthdays. All Charlie and I were required to do was cash Coke’s quarterly dividend checks. We expect that those checks are highly likely to grow.</p><p>American Express is much the same story. Berkshire’s purchases of Amex were essentially completed in 1995 and, coincidentally, also cost $1.3 billion. Annual dividends received from this investment have grown from $41 million to $302 million. Those checks, too, seem highly likely to increase.</p><p>These dividend gains, though pleasing, are far from spectacular. But they bring with them important gains in stock prices. At yearend, our Coke investment was valued at $25 billion while Amex was recorded at $22 billion. Each holding now accounts for roughly 5% of Berkshire’s net worth, akin to its weighting long ago.</p><p>Assume, for a moment, I had made a similarly-sized investment mistake in the 1990s, one that flat-lined and simply retained its $1.3 billion value in 2022. (An example would be a high-grade 30-year bond.) That disappointing investment would now represent an insignificant 0.3% of Berkshire’s net worth and would be delivering to us an unchanged $80 million or so of annual income.</p><p>The lesson for investors: The weeds wither away in significance as the flowers bloom. Over time, it takes just a few winners to work wonders. And, yes, it helps to start early and live into your 90s as well.</p><h2>The Past Year in Brief</h2><p>Berkshire had a good year in 2022. The company’s operating earnings – our term for income calculated using Generally Accepted Accounting Principles (“GAAP”), exclusive of capital gains or losses from equity holdings – set a record at $30.8 billion. Charlie and I focus on this operational figure and urge you to do so as well. The GAAP figure, absent our adjustment, fluctuates wildly and capriciously at every reporting date. Note its acrobatic behavior in 2022, which is in no way unusual:</p><p><img src=\"https://static.tigerbbs.com/69e74650656620f9fa3f1e55c15a90e5\" tg-width=\"797\" tg-height=\"207\" width=\"100%\" height=\"auto\"/></p><p>The GAAP earnings are 100% misleading when viewed quarterly or even annually. Capital gains, to be sure, have been hugely important to Berkshire over past decades, and we expect them to be meaningfully positive in future decades. But their quarter-by-quarter gyrations, regularly and mindlessly headlined by media, totally misinform investors.</p><p>A second positive development for Berkshire last year was our purchase of Alleghany Corporation, a property-casualty insurer captained by Joe Brandon. I’ve worked with Joe in the past, and he understands both Berkshire  and insurance. Alleghany delivers special value to us because Berkshire’s unmatched financial strength allows its insurance subsidiaries to follow valuable and enduring investment strategies unavailable to virtually all competitors.</p><p>Aided by Alleghany, our insurance float increased during 2022 from $147 billion to $164 billion. With disciplined underwriting, these funds have a decent chance of being cost-free over time. Since purchasing our first property-casualty insurer in 1967, Berkshire’s float has increased 8,000-fold through acquisitions, operations and innovations. Though not recognized in our financial statements, this float has been an extraordinary asset for Berkshire. New shareholders can get an understanding of its value by reading our annually updated explanation of float on page A-2.</p><p>* * * * * * * * * * * *</p><p>A very minor gain in per-share intrinsic value took place in 2022 through Berkshire share repurchases as well as similar moves at Apple and American Express, both significant investees of ours. At Berkshire, we directly increased your interest in our unique collection of businesses by repurchasing 1.2% of the company’s outstanding shares. At Apple and Amex, repurchases increased Berkshire’s ownership a bit without any cost to us.</p><p>The math isn’t complicated: When the share count goes down, your interest in our many businesses goes up. Every small bit helps if repurchases are made at value-accretive prices. Just as surely, when a company overpays for repurchases, the continuing shareholders lose. At such times, gains flow only to the selling shareholders and to the friendly, but expensive, investment banker who recommended the foolish purchases.</p><p>Gains from value-accretive repurchases, it should be emphasized, benefit all owners – in every respect. Imagine, if you will, three fully-informed shareholders of a local auto dealership, one of whom manages the business. Imagine, further, that one of the passive owners wishes to sell his interest back to the company at a price attractive to the two continuing shareholders. When completed, has this transaction harmed anyone? Is the manager somehow favored over the continuing passive owners? Has the public been hurt?</p><p>When you are told that all repurchases are harmful to shareholders or to the country, or particularly beneficial to CEOs, you are listening to either an economic illiterate or a silver-tongued demagogue (characters that are not mutually exclusive).</p><p>Almost endless details of Berkshire’s 2022 operations are laid out on pages K-33 – K-66. Charlie and I, along with many Berkshire shareholders, enjoy poring over the many facts and figures laid out in that section. These pages are not, however, required reading. There are many Berkshire centimillionaires and, yes, billionaires who have never studied our financial figures. They simply know that Charlie and I – along with our families and close friends – continue to have very significant investments in Berkshire, and they trust us to treat their money as we do our own.</p><p>And that is a promise we can make.</p><p>* * * * * * * * * * * *</p><p>Finally, an important warning: Even the operating earnings figure that we favor can easily be manipulated by managers who wish to do so. Such tampering is often thought of as sophisticated by CEOs, directors and their advisors. Reporters and analysts embrace its existence as well. Beating “expectations” is heralded as a managerial triumph.</p><p>That activity is disgusting. It requires no talent to manipulate numbers: Only a deep desire to deceive is required. “Bold imaginative accounting,” as a CEO once described his deception to me, has become one of the shames of capitalism.</p><h2>58 Years – and a Few Figures</h2><p>In 1965, Berkshire was a one-trick pony, the owner of a venerable – but doomed – New England textile operation. With that business on a death march, Berkshire needed an immediate fresh start. Looking back, I was slow to recognize the severity of its problems.</p><p>And then came a stroke of good luck: National Indemnity became available in 1967, and we shifted our resources toward insurance and other non-textile operations.</p><p>Thus began our journey to 2023, a bumpy road involving a combination of continuous savings by our owners (that is, by their retaining earnings), the power of compounding, our avoidance of major mistakes and – most important of all – the American Tailwind. America would have done fine without Berkshire. The reverse is not true.</p><p>Berkshire now enjoys major ownership in an unmatched collection of huge and diversified businesses. Let’s first look at the 5,000 or so publicly-held companies that trade daily on NASDAQ, the NYSE and related venues. Within this group is housed the members of the S&amp;P 500 Index, an elite collection of large and well-known American companies.</p><p>In aggregate, the 500 earned $1.8 trillion in 2021. I don’t yet have the final results for 2022. Using, therefore, the 2021 figures, only 128 of the 500 (including Berkshire itself) earned $3 billion or more. Indeed, 23 lost money.</p><p>At yearend 2022, Berkshire was the largest owner of eight of these giants: American Express, Bank of America, Chevron, Coca-Cola, HP Inc., Moody’s, Occidental Petroleum and Paramount Global.</p><p>In addition to those eight investees, Berkshire owns 100% of BNSF and 92% of BH Energy, each with earnings that exceed the $3 billion mark noted above ($5.9 billion at BNSF and</p><p>$4.3 billion at BHE). Were these companies publicly-owned, they would replace two present members of the 500. All told, our ten controlled and non-controlled behemoths leave Berkshire more broadly aligned with the country’s economic future than is the case at any other U.S. company. (This calculation leaves aside “fiduciary” operations such as pension funds and investment companies.) In addition, Berkshire’s insurance operation, though conducted through many individually-managed subsidiaries, has a value comparable to BNSF or BHE.</p><p>As for the future, Berkshire will always hold a boatload of cash and U.S. Treasury bills along with a wide array of businesses. We will also avoid behavior that could result in any uncomfortable cash needs at inconvenient times, including financial panics and unprecedented insurance losses. Our CEO will always be the Chief Risk Officer – a task it is irresponsible to delegate. Additionally, our future CEOs will have a significant part of their net worth in Berkshire shares, bought with their own money. And yes, our shareholders will continue to save and prosper by retaining earnings.</p><p>At Berkshire, there will be no finish line.</p><h2>Some Surprising Facts About Federal Taxes</h2><p>During the decade ending in 2021, the United States Treasury received about $32.3 trillion in taxes while it spent $43.9 trillion.</p><p>Though economists, politicians and many of the public have opinions about the consequences of that huge imbalance, Charlie and I plead ignorance and firmly believe that near-term economic and market forecasts are worse than useless. Our job is to manage Berkshire’s operations and finances in a manner that will achieve an acceptable result over time and that will preserve the company’s unmatched staying power when financial panics or severe worldwide recessions occur. Berkshire also offers some modest protection from runaway inflation, but this attribute is far from perfect. Huge and entrenched fiscal deficits have consequences.</p><p>The $32 trillion of revenue was garnered by the Treasury through individual income taxes (48%), social security and related receipts (3412%), corporate income tax payments (812%) and a wide variety of lesser levies. Berkshire’s contribution via the corporate income tax was $32 billion during the decade, almost exactly a tenth of 1% of all money that the Treasury collected.</p><p>And that means – brace yourself – had there been roughly 1,000 taxpayers in the U.S. matching Berkshire’s payments, no other businesses nor any of the country’s 131 million households would have needed to pay any taxes to the federal government. Not a dime.</p><p>* * * * * * * * * * * *</p><p>Millions, billions, trillions – we all know the words, but the sums involved are almost impossible to comprehend. Let’s put physical dimensions to the numbers:</p><p>- If you convert $1 million into newly-printed $100 bills, you will have a stack that reaches your chest.</p><p>- Perform the same exercise with $1 billion – this is getting exciting! – and the stack reaches about 34 of a mile into the sky.</p><p>- Finally, imagine piling up $32 billion, the total of Berkshire’s 2012-21 federal income tax payments. Now the stack grows to more than 21 miles in height, about three times the level at which commercial airplanes usually cruise.</p><p>When it comes to federal taxes, individuals who own Berkshire can unequivocally state “I gave at the office.”</p><p>* * * * * * * * * * * *</p><p>At Berkshire we hope and expect to pay much more in taxes during the next decade. We owe the country no less: America’s dynamism has made a huge contribution to whatever success Berkshire has achieved – a contribution Berkshire will always need. We count on the American Tailwind and, though it has been becalmed from time to time, its propelling force has always returned.</p><p>I have been investing for 80 years – more than one-third of our country’s lifetime. Despite our citizens’ penchant – almost enthusiasm – for self-criticism and self-doubt, I have yet to see a time when it made sense to make a long-term bet against America. And I doubt very much that any reader of this letter will have a different experience in the future.</p><h2>Nothing Beats Having a Great Partner</h2><p>Charlie and I think pretty much alike. But what it takes me a page to explain, he sums up in a sentence. His version, moreover, is always more clearly reasoned and also more artfully – some might add bluntly – stated.</p><p>Here are a few of his thoughts, many lifted from a very recent podcast:</p><p>- The world is full of foolish gamblers, and they will not do as well as the patient investor.</p><p>- If you don’t see the world the way it is, it’s like judging something through a distorted lens.</p><p>- All I want to know is where I’m going to die, so I’ll never go there. And a related thought: Early on, write your desired obituary – and then behave accordingly.</p><p>- If you don’t care whether you are rational or not, you won’t work on it. Then you will stay irrational and get lousy results.</p><p>- Patience can be learned. Having a long attention span and the ability to concentrate on one thing for a long time is a huge advantage.</p><p>- You can learn a lot from dead people. Read of the deceased you admire and detest.</p><p>- Don’t bail away in a sinking boat if you can swim to one that is seaworthy.</p><p>- A great company keeps working after you are not; a mediocre company won’t do that.</p><p>- Warren and I don’t focus on the froth of the market. We seek out good long-term investments and stubbornly hold them for a long time.</p><p>- Ben Graham said, “Day to day, the stock market is a voting machine; in the long term it’s a weighing machine.” If you keep making something more valuable, then some wise person is going to notice it and start buying.</p><p>- There is no such thing as a 100% sure thing when investing. Thus, the use of leverage is dangerous. A string of wonderful numbers times zero will always equal zero. Don’t count on getting rich twice.</p><p>- You don’t, however, need to own a lot of things in order to get rich.</p><p>- You have to keep learning if you want to become a great investor. When the world changes, you must change.</p><p>- Warren and I hated railroad stocks for decades, but the world changed and finally the country had four huge railroads of vital importance to the American economy. We were slow to recognize the change, but better late than never.</p><p>- Finally, I will add two short sentences by Charlie that have been his decision-clinchers for decades: “Warren, think more about it. You’re smart and I’m right.”</p><p>And so it goes. I never have a phone call with Charlie without learning something. And, while he makes me think, he also makes me laugh.</p><p>* * * * * * * * * * * *</p><p>I will add to Charlie’s list a rule of my own:   Find   a   very   smart   high-grade partner – preferably slightly older than you – and then listen very carefully to what he says.</p><h2>A Family Gathering in Omaha</h2><p>Charlie and I are shameless. Last year, at our first shareholder get-together in three years, we greeted you with our usual commercial hustle.</p><p>From the opening bell, we went straight for your wallet. In short order, our See’s kiosk sold you eleven tons of nourishing peanut brittle and chocolates. In our P.T. Barnum pitch, we promised you longevity. After all, what else but candy from See’s could account for Charlie and me making it to 99 and 92?</p><p>I know you can’t wait to hear the specifics of last year’s hustle.</p><p>On Friday, the doors were open from noon until 5 p.m., and our candy counters rang up 2,690 individual sales. On Saturday, See’s registered an additional 3,931 transactions between 7 a.m. and 4:30 p.m., despite the fact that 612 of the 912 operating hours occurred while our movie and the question-and-answer session were limiting commercial traffic.</p><p>Do the math: See’s rang up about 10 sales per minute during its prime operating time (racking up $400,309 of volume during the two days), with all the goods purchased at a single location selling products that haven’t been materially altered in 101 years. What worked for See’s in the days of Henry Ford’s model T works now.</p><p>* * * * * * * * * * * *</p><p>Charlie, I, and the entire Berkshire bunch look forward to seeing you in Omaha on May 5-6. We will have a good time and so will you.</p><p>February 25, 2023 Warren E. Buffett </p><p>Chairman of the Board</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BRK.A":"伯克希尔","BRK.B":"伯克希尔B"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1117520516","content_text":"Warren Buffett is still betting on America.Stocks and bonds slumped in 2022 after central banks raised interest rates at a rapid pace to try to rein in inflation. But Mr. Buffett retained his sense of optimism in his annual letter to investors Saturday, saying he attributes much of his success over the years to the resilience of the U.S. economy.“I have been investing for 80 years—more than one-third of our country’s lifetime. Despite our citizens’ penchant—almost enthusiasm—for self-criticism and self-doubt, I have yet to see a time when it made sense to make a long-term bet against America,” Mr. Buffett said in the letter.Mr. Buffett, widely regarded as one of the world’s top investors, has been publishing the letters for more than half a century. Over that time, he hasn’t just reflected on the past year for his company, Berkshire Hathaway Inc., but also shared his thoughts on everything from esoteric accounting rules to his aversion to excessive risk-taking.Saturday’s letter offered readers a glimpse into how Mr. Buffett, 92, viewed what wound up being a shaky stretch for markets.The volatility offered Berkshire an opportunity to jump in and buy stocks. While Berkshire largely bought back its own shares in 2021, it focused more in 2022 on investing in other companies—opening up new positions in media company Paramount Global and building-materials manufacturer Louisiana-Pacific Corp., among other businesses, and swiftly becoming Occidental Petroleum Corp.’s single biggest shareholder.As of the end of 2022, Berkshire was the largest shareholder of eight companies—American Express Co., Bank of America Corp., Chevron Corp., Coca-Cola Co., HP Inc., Moody’s Corp., Occidental and Paramount Global.“America would have done fine without Berkshire. The reverse is not true,” Mr. Buffett said.Berkshire also released its results for 2022 on Saturday.The Omaha, Neb., company, which owns businesses including insurer Geico, railroad BNSF Railway and chocolate maker See’s Candies, posted a loss of $22.82 billion for the year, stung by $67.9 billion in investment and derivative contract losses. In 2021, Berkshire posted a profit of $90.8 billion.Total revenue rose 9.4% to $302.1 billion.Berkshire’s operating earnings, which exclude some investment results, rose to a record $30.8 billion.Mr. Buffett, Berkshire’s chief executive, has long held that operating earnings are a better reflection of how Berkshire is doing, since accounting rules require the company to include unrealized gains and losses from its massive investment portfolio in its net income. Volatile markets can make Berkshire’s net income change substantially from quarter to quarter, regardless of how its underlying businesses are doing.“Capital gains, to be sure, have been hugely important to Berkshire over past decades, and we expect them to be meaningfully positive in future decades,” Mr. Buffett said in his letter. “But their quarter-by-quarter gyrations, regularly and mindlessly headlined by media, totally misinform investors,” he said, adding that he and his right-hand man Charlie Munger urged shareholders to focus instead on Berkshire’s operating earnings, which rose to a record for the full year in 2022.Read the full letter here:To the Shareholders of Berkshire Hathaway Inc.:Charlie Munger, my long-time partner, and I have the job of managing the savings of a great number of individuals. We are grateful for their enduring trust, a relationship that often spans much of their adult lifetime. It is those dedicated savers that are forefront in my mind as I write this letter.A common belief is that people choose to save when young, expecting thereby to maintain their living standards after retirement. Any assets that remain at death, this theory says, will usually be left to their families or, possibly, to friends and philanthropy.Our experience has differed. We believe Berkshire’s individual holders largely to be of the once-a-saver, always-a-saver variety. Though these people live well, they eventually dispense most of their funds to philanthropic organizations. These, in turn, redistribute the funds by expenditures intended to improve the lives of a great many people who are unrelated to the original benefactor. Sometimes, the results have been spectacular.The disposition of money unmasks humans. Charlie and I watch with pleasure the vast flow of Berkshire-generated funds to public needs and, alongside, the infrequency with which our shareholders opt for look-at-me assets and dynasty-building.Who wouldn’t enjoy working for shareholders like ours?What We DoCharlie and I allocate your savings at Berkshire between two related forms of ownership. First, we invest in businesses that we control, usually buying 100% of each. Berkshire directs capital allocation at these subsidiaries and selects the CEOs who make day-by-day operating decisions. When large enterprises are being managed, both trust and rules are essential. Berkshire emphasizes the former to an unusual – some would say extreme – degree. Disappointments are inevitable. We are understanding about business mistakes; our tolerance for personal misconduct is zero.In our second category of ownership, we buy publicly-traded stocks through which we passively own pieces of businesses. Holding these investments, we have no say in management.Our goal in both forms of ownership is to make meaningful investments in businesses with both long-lasting favorable economic characteristics and trustworthy managers. Please note particularly that we own publicly-traded stocks based on our expectations about their long-term business performance, not because we view them as vehicles for adroit purchases and sales. That point is crucial: Charlie and I are not stock-pickers; we are business-pickers.Over the years, I have made many mistakes. Consequently, our extensive collection of businesses currently consists of a few enterprises that have truly extraordinary economics, many that enjoy very good economic characteristics, and a large group that are marginal. Along the way, other businesses in which I have invested have died, their products unwanted by the public. Capitalism has two sides: The system creates an ever-growing pile of losers while concurrently delivering a gusher of improved goods and services. Schumpeter called this phenomenon “creative destruction.”One advantage of our publicly-traded segment is that – episodically – it becomes easy to buy pieces of wonderful businesses at wonderful prices. It’s crucial to understand that stocks often trade at truly foolish prices, both high and low. “Efficient” markets exist only in textbooks. In truth, marketable stocks and bonds are baffling, their behavior usually understandable only in retrospect.Controlled businesses are a different breed. They sometimes command ridiculously higher prices than justified but are almost never available at bargain valuations. Unless under duress, the owner of a controlled business gives no thought to selling at a panic-type valuation.* * * * * * * * * * * *At this point, a report card from me is appropriate: In 58 years of Berkshire management, most of my capital-allocation decisions have been no better than so-so. In some cases, also, bad moves by me have been rescued by very large doses of luck. (Remember our escapes from near-disasters at USAir and Salomon? I certainly do.)Our satisfactory results have been the product of about a dozen truly good decisions – that would be about one every five years – and a sometimes-forgotten advantage that favors long-term investors such as Berkshire. Let’s take a peek behind the curtain.The Secret SauceIn August 1994 – yes, 1994 – Berkshire completed its seven-year purchase of the 400 million shares of Coca-Cola we now own. The total cost was $1.3 billion – then a very meaningful sum at Berkshire.The cash dividend we received from Coke in 1994 was $75 million. By 2022, the dividend had increased to $704 million. Growth occurred every year, just as certain as birthdays. All Charlie and I were required to do was cash Coke’s quarterly dividend checks. We expect that those checks are highly likely to grow.American Express is much the same story. Berkshire’s purchases of Amex were essentially completed in 1995 and, coincidentally, also cost $1.3 billion. Annual dividends received from this investment have grown from $41 million to $302 million. Those checks, too, seem highly likely to increase.These dividend gains, though pleasing, are far from spectacular. But they bring with them important gains in stock prices. At yearend, our Coke investment was valued at $25 billion while Amex was recorded at $22 billion. Each holding now accounts for roughly 5% of Berkshire’s net worth, akin to its weighting long ago.Assume, for a moment, I had made a similarly-sized investment mistake in the 1990s, one that flat-lined and simply retained its $1.3 billion value in 2022. (An example would be a high-grade 30-year bond.) That disappointing investment would now represent an insignificant 0.3% of Berkshire’s net worth and would be delivering to us an unchanged $80 million or so of annual income.The lesson for investors: The weeds wither away in significance as the flowers bloom. Over time, it takes just a few winners to work wonders. And, yes, it helps to start early and live into your 90s as well.The Past Year in BriefBerkshire had a good year in 2022. The company’s operating earnings – our term for income calculated using Generally Accepted Accounting Principles (“GAAP”), exclusive of capital gains or losses from equity holdings – set a record at $30.8 billion. Charlie and I focus on this operational figure and urge you to do so as well. The GAAP figure, absent our adjustment, fluctuates wildly and capriciously at every reporting date. Note its acrobatic behavior in 2022, which is in no way unusual:The GAAP earnings are 100% misleading when viewed quarterly or even annually. Capital gains, to be sure, have been hugely important to Berkshire over past decades, and we expect them to be meaningfully positive in future decades. But their quarter-by-quarter gyrations, regularly and mindlessly headlined by media, totally misinform investors.A second positive development for Berkshire last year was our purchase of Alleghany Corporation, a property-casualty insurer captained by Joe Brandon. I’ve worked with Joe in the past, and he understands both Berkshire  and insurance. Alleghany delivers special value to us because Berkshire’s unmatched financial strength allows its insurance subsidiaries to follow valuable and enduring investment strategies unavailable to virtually all competitors.Aided by Alleghany, our insurance float increased during 2022 from $147 billion to $164 billion. With disciplined underwriting, these funds have a decent chance of being cost-free over time. Since purchasing our first property-casualty insurer in 1967, Berkshire’s float has increased 8,000-fold through acquisitions, operations and innovations. Though not recognized in our financial statements, this float has been an extraordinary asset for Berkshire. New shareholders can get an understanding of its value by reading our annually updated explanation of float on page A-2.* * * * * * * * * * * *A very minor gain in per-share intrinsic value took place in 2022 through Berkshire share repurchases as well as similar moves at Apple and American Express, both significant investees of ours. At Berkshire, we directly increased your interest in our unique collection of businesses by repurchasing 1.2% of the company’s outstanding shares. At Apple and Amex, repurchases increased Berkshire’s ownership a bit without any cost to us.The math isn’t complicated: When the share count goes down, your interest in our many businesses goes up. Every small bit helps if repurchases are made at value-accretive prices. Just as surely, when a company overpays for repurchases, the continuing shareholders lose. At such times, gains flow only to the selling shareholders and to the friendly, but expensive, investment banker who recommended the foolish purchases.Gains from value-accretive repurchases, it should be emphasized, benefit all owners – in every respect. Imagine, if you will, three fully-informed shareholders of a local auto dealership, one of whom manages the business. Imagine, further, that one of the passive owners wishes to sell his interest back to the company at a price attractive to the two continuing shareholders. When completed, has this transaction harmed anyone? Is the manager somehow favored over the continuing passive owners? Has the public been hurt?When you are told that all repurchases are harmful to shareholders or to the country, or particularly beneficial to CEOs, you are listening to either an economic illiterate or a silver-tongued demagogue (characters that are not mutually exclusive).Almost endless details of Berkshire’s 2022 operations are laid out on pages K-33 – K-66. Charlie and I, along with many Berkshire shareholders, enjoy poring over the many facts and figures laid out in that section. These pages are not, however, required reading. There are many Berkshire centimillionaires and, yes, billionaires who have never studied our financial figures. They simply know that Charlie and I – along with our families and close friends – continue to have very significant investments in Berkshire, and they trust us to treat their money as we do our own.And that is a promise we can make.* * * * * * * * * * * *Finally, an important warning: Even the operating earnings figure that we favor can easily be manipulated by managers who wish to do so. Such tampering is often thought of as sophisticated by CEOs, directors and their advisors. Reporters and analysts embrace its existence as well. Beating “expectations” is heralded as a managerial triumph.That activity is disgusting. It requires no talent to manipulate numbers: Only a deep desire to deceive is required. “Bold imaginative accounting,” as a CEO once described his deception to me, has become one of the shames of capitalism.58 Years – and a Few FiguresIn 1965, Berkshire was a one-trick pony, the owner of a venerable – but doomed – New England textile operation. With that business on a death march, Berkshire needed an immediate fresh start. Looking back, I was slow to recognize the severity of its problems.And then came a stroke of good luck: National Indemnity became available in 1967, and we shifted our resources toward insurance and other non-textile operations.Thus began our journey to 2023, a bumpy road involving a combination of continuous savings by our owners (that is, by their retaining earnings), the power of compounding, our avoidance of major mistakes and – most important of all – the American Tailwind. America would have done fine without Berkshire. The reverse is not true.Berkshire now enjoys major ownership in an unmatched collection of huge and diversified businesses. Let’s first look at the 5,000 or so publicly-held companies that trade daily on NASDAQ, the NYSE and related venues. Within this group is housed the members of the S&P 500 Index, an elite collection of large and well-known American companies.In aggregate, the 500 earned $1.8 trillion in 2021. I don’t yet have the final results for 2022. Using, therefore, the 2021 figures, only 128 of the 500 (including Berkshire itself) earned $3 billion or more. Indeed, 23 lost money.At yearend 2022, Berkshire was the largest owner of eight of these giants: American Express, Bank of America, Chevron, Coca-Cola, HP Inc., Moody’s, Occidental Petroleum and Paramount Global.In addition to those eight investees, Berkshire owns 100% of BNSF and 92% of BH Energy, each with earnings that exceed the $3 billion mark noted above ($5.9 billion at BNSF and$4.3 billion at BHE). Were these companies publicly-owned, they would replace two present members of the 500. All told, our ten controlled and non-controlled behemoths leave Berkshire more broadly aligned with the country’s economic future than is the case at any other U.S. company. (This calculation leaves aside “fiduciary” operations such as pension funds and investment companies.) In addition, Berkshire’s insurance operation, though conducted through many individually-managed subsidiaries, has a value comparable to BNSF or BHE.As for the future, Berkshire will always hold a boatload of cash and U.S. Treasury bills along with a wide array of businesses. We will also avoid behavior that could result in any uncomfortable cash needs at inconvenient times, including financial panics and unprecedented insurance losses. Our CEO will always be the Chief Risk Officer – a task it is irresponsible to delegate. Additionally, our future CEOs will have a significant part of their net worth in Berkshire shares, bought with their own money. And yes, our shareholders will continue to save and prosper by retaining earnings.At Berkshire, there will be no finish line.Some Surprising Facts About Federal TaxesDuring the decade ending in 2021, the United States Treasury received about $32.3 trillion in taxes while it spent $43.9 trillion.Though economists, politicians and many of the public have opinions about the consequences of that huge imbalance, Charlie and I plead ignorance and firmly believe that near-term economic and market forecasts are worse than useless. Our job is to manage Berkshire’s operations and finances in a manner that will achieve an acceptable result over time and that will preserve the company’s unmatched staying power when financial panics or severe worldwide recessions occur. Berkshire also offers some modest protection from runaway inflation, but this attribute is far from perfect. Huge and entrenched fiscal deficits have consequences.The $32 trillion of revenue was garnered by the Treasury through individual income taxes (48%), social security and related receipts (3412%), corporate income tax payments (812%) and a wide variety of lesser levies. Berkshire’s contribution via the corporate income tax was $32 billion during the decade, almost exactly a tenth of 1% of all money that the Treasury collected.And that means – brace yourself – had there been roughly 1,000 taxpayers in the U.S. matching Berkshire’s payments, no other businesses nor any of the country’s 131 million households would have needed to pay any taxes to the federal government. Not a dime.* * * * * * * * * * * *Millions, billions, trillions – we all know the words, but the sums involved are almost impossible to comprehend. Let’s put physical dimensions to the numbers:- If you convert $1 million into newly-printed $100 bills, you will have a stack that reaches your chest.- Perform the same exercise with $1 billion – this is getting exciting! – and the stack reaches about 34 of a mile into the sky.- Finally, imagine piling up $32 billion, the total of Berkshire’s 2012-21 federal income tax payments. Now the stack grows to more than 21 miles in height, about three times the level at which commercial airplanes usually cruise.When it comes to federal taxes, individuals who own Berkshire can unequivocally state “I gave at the office.”* * * * * * * * * * * *At Berkshire we hope and expect to pay much more in taxes during the next decade. We owe the country no less: America’s dynamism has made a huge contribution to whatever success Berkshire has achieved – a contribution Berkshire will always need. We count on the American Tailwind and, though it has been becalmed from time to time, its propelling force has always returned.I have been investing for 80 years – more than one-third of our country’s lifetime. Despite our citizens’ penchant – almost enthusiasm – for self-criticism and self-doubt, I have yet to see a time when it made sense to make a long-term bet against America. And I doubt very much that any reader of this letter will have a different experience in the future.Nothing Beats Having a Great PartnerCharlie and I think pretty much alike. But what it takes me a page to explain, he sums up in a sentence. His version, moreover, is always more clearly reasoned and also more artfully – some might add bluntly – stated.Here are a few of his thoughts, many lifted from a very recent podcast:- The world is full of foolish gamblers, and they will not do as well as the patient investor.- If you don’t see the world the way it is, it’s like judging something through a distorted lens.- All I want to know is where I’m going to die, so I’ll never go there. And a related thought: Early on, write your desired obituary – and then behave accordingly.- If you don’t care whether you are rational or not, you won’t work on it. Then you will stay irrational and get lousy results.- Patience can be learned. Having a long attention span and the ability to concentrate on one thing for a long time is a huge advantage.- You can learn a lot from dead people. Read of the deceased you admire and detest.- Don’t bail away in a sinking boat if you can swim to one that is seaworthy.- A great company keeps working after you are not; a mediocre company won’t do that.- Warren and I don’t focus on the froth of the market. We seek out good long-term investments and stubbornly hold them for a long time.- Ben Graham said, “Day to day, the stock market is a voting machine; in the long term it’s a weighing machine.” If you keep making something more valuable, then some wise person is going to notice it and start buying.- There is no such thing as a 100% sure thing when investing. Thus, the use of leverage is dangerous. A string of wonderful numbers times zero will always equal zero. Don’t count on getting rich twice.- You don’t, however, need to own a lot of things in order to get rich.- You have to keep learning if you want to become a great investor. When the world changes, you must change.- Warren and I hated railroad stocks for decades, but the world changed and finally the country had four huge railroads of vital importance to the American economy. We were slow to recognize the change, but better late than never.- Finally, I will add two short sentences by Charlie that have been his decision-clinchers for decades: “Warren, think more about it. You’re smart and I’m right.”And so it goes. I never have a phone call with Charlie without learning something. And, while he makes me think, he also makes me laugh.* * * * * * * * * * * *I will add to Charlie’s list a rule of my own:   Find   a   very   smart   high-grade partner – preferably slightly older than you – and then listen very carefully to what he says.A Family Gathering in OmahaCharlie and I are shameless. Last year, at our first shareholder get-together in three years, we greeted you with our usual commercial hustle.From the opening bell, we went straight for your wallet. In short order, our See’s kiosk sold you eleven tons of nourishing peanut brittle and chocolates. In our P.T. Barnum pitch, we promised you longevity. After all, what else but candy from See’s could account for Charlie and me making it to 99 and 92?I know you can’t wait to hear the specifics of last year’s hustle.On Friday, the doors were open from noon until 5 p.m., and our candy counters rang up 2,690 individual sales. On Saturday, See’s registered an additional 3,931 transactions between 7 a.m. and 4:30 p.m., despite the fact that 612 of the 912 operating hours occurred while our movie and the question-and-answer session were limiting commercial traffic.Do the math: See’s rang up about 10 sales per minute during its prime operating time (racking up $400,309 of volume during the two days), with all the goods purchased at a single location selling products that haven’t been materially altered in 101 years. What worked for See’s in the days of Henry Ford’s model T works now.* * * * * * * * * * * *Charlie, I, and the entire Berkshire bunch look forward to seeing you in Omaha on May 5-6. We will have a good time and so will you.February 25, 2023 Warren E. Buffett Chairman of the Board","news_type":1,"symbols_score_info":{"BRK.B":0.9,"BRK.A":0.9}},"isVote":1,"tweetType":1,"viewCount":643,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9952921450,"gmtCreate":1674367294070,"gmtModify":1676538938505,"author":{"id":"4094852596308640","authorId":"4094852596308640","name":"TKY1978","avatar":"https://static.tigerbbs.com/6cd12a4c4a07fc4dec7e7f7343b18227","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"4094852596308640","idStr":"4094852596308640"},"themes":[],"htmlText":"[Smile]&nbsp;","listText":"[Smile]&nbsp;","text":"[Smile]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":19,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/9952921450","repostId":"2305907269","repostType":2,"isVote":1,"tweetType":1,"viewCount":744,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9949609931,"gmtCreate":1678545636223,"gmtModify":1678545639606,"author":{"id":"4094852596308640","authorId":"4094852596308640","name":"TKY1978","avatar":"https://static.tigerbbs.com/6cd12a4c4a07fc4dec7e7f7343b18227","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"4094852596308640","idStr":"4094852596308640"},"themes":[],"htmlText":"[Smile]&nbsp;","listText":"[Smile]&nbsp;","text":"[Smile]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":17,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9949609931","repostId":"1188991015","repostType":4,"repost":{"id":"1188991015","kind":"news","pubTimestamp":1678524311,"share":"https://ttm.financial/m/news/1188991015?lang=en_US&edition=fundamental","pubTime":"2023-03-11 16:45","market":"us","language":"en","title":"Jobs Report, Bank Failure Complicate Outlook on Interest Rates","url":"https://stock-news.laohu8.com/highlight/detail?id=1188991015","media":"The Wall Street Journal","summary":"Fed officials could debate whether to raise rates by a quarter- or half-percentage-point at their next meeting","content":"<div>\n<p>The February employment report does little to sharply alter the economic outlook for Federal Reserve officials who are considering how much to raise interest rates at their coming meeting.But the ...</p>\n\n<a href=\"https://www.wsj.com/articles/jobs-report-offers-little-to-change-interest-rate-outlook-for-the-fed-2b5bf1d4?mod=economy_lead_pos2\">Source Link</a>\n\n</div>\n","source":"wsj_highlight","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>Jobs Report, Bank Failure Complicate Outlook on Interest Rates</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; 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overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nJobs Report, Bank Failure Complicate Outlook on Interest Rates\n</h2>\n\n<h4 class=\"meta\">\n\n\n2023-03-11 16:45 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.wsj.com/articles/jobs-report-offers-little-to-change-interest-rate-outlook-for-the-fed-2b5bf1d4?mod=economy_lead_pos2><strong>The Wall Street Journal</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>The February employment report does little to sharply alter the economic outlook for Federal Reserve officials who are considering how much to raise interest rates at their coming meeting.But the ...</p>\n\n<a href=\"https://www.wsj.com/articles/jobs-report-offers-little-to-change-interest-rate-outlook-for-the-fed-2b5bf1d4?mod=economy_lead_pos2\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".DJI":"道琼斯",".IXIC":"NASDAQ Composite",".SPX":"S&P 500 Index"},"source_url":"https://www.wsj.com/articles/jobs-report-offers-little-to-change-interest-rate-outlook-for-the-fed-2b5bf1d4?mod=economy_lead_pos2","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1188991015","content_text":"The February employment report does little to sharply alter the economic outlook for Federal Reserve officials who are considering how much to raise interest rates at their coming meeting.But the failure of a California bank on Friday led investors on Wall Street to pare their bets that the central bank would opt for a larger half-percentage-point increase, rather than a smaller quarter-point bump, amid broader concerns about financial stability risks.Investors in interest-rate futures markets on Friday afternoon saw a nearly 60% probability of a quarter-point, or 25-basis-point, rate rise, according to CME Group. The probability of a larger 50-basis-point increase fell to 40%, from 70% on Thursday.Employers added 311,000 jobs in February and revisions to earlier months were minor, meaning job gains averaged more than 350,000 a month since December—robust growth in an already tight labor market. The unemployment rate rose to 3.6% last month because more people looked for jobs, a further sign of economic strength.But wage growth moderated last month, suggesting that strong labor demand isn’t spurring rapid increases in workers’ paychecks. Average hourly earnings for private-sector workers rose 4.6% over the 12 months through February, but the pace slowed to an annualized 3.6% over the past three months.For policy makers, “if you are vacillating between 25 and 50, you’d be more inclined to go 25 at this point because of the added concern” over the failure of Silicon Valley Bank, said Eric Rosengren, who served as president of the Boston Fed from 2007 to 2021.Friday’s employment report shows the job market is too hot, said Mr. Rosengren. But the problems at Silicon Valley Bank illustrate how raising rates rapidly gives the Fed less time to monitor the delayed impact of its actions, he said.“Having a close to $200 billion bank have a liquidity problem that caused a failure in the middle of the week has to be a source of concern,” said Mr. Rosengren. Fed officials are “going to want to be able to evaluate what impact it is going to have on broader financial markets.”Fed policy makers were set to begin their traditional premeeting quiet period Saturday ahead of their March 21-22 meeting.Fed Chair Jerome Powell this week said the central bank was keeping its options open in considering whether to raise its benchmark federal-funds rate by a quarter-point—as officials did last month and had been widely anticipated until very recently—or by a larger half-point, as they did in December.“I stress that no decision has been made on this,” Mr. Powell said Wednesday. “But if the totality of the data were to indicate that faster tightening is warranted, we would be prepared to increase the pace of rate hikes.”In addition to Friday’s employment report, he said two inflation reports next week, including the consumer-price index due Tuesday, could influence the decision.Economists at Bank of America and Morgan Stanley said Friday they believed the smaller quarter-point rate rise was more likely, but that was based on their expectations that core-CPI prices, which exclude food and energy, will rise 0.4% in February.“Absent a surprise on Tuesday, we think they will be comfortable” with a quarter-point rate rise, said Vincent Reinhart, chief economist at Dreyfus and Mellon and a former senior Fed economist.Others think the inflation report will need to be milder to prevent the Fed from raising rates by a half-point. Barring a major surprise on inflation, signs of broad-based strength in the labor market “strongly imply that the Federal Reserve will need to hike its policy rate by 50 basis points” this month, said Joseph Brusuelas, chief economist at consulting firm RSM U.S.He said hardship due to interest-rate risks “among select small and medium-sized banks is not sufficient to cause the Fed to pull back from its primary objective” of combating inflation.If the CPI doesn’t notably slow down in February, “it will have been very hard to have opened the door to 50 and not walk through that door,” said Jason Furman, a Harvard economist who served as a top adviser to former President Barack Obama.Details on how the Federal Deposit Insurance Corp., which took control of the Silicon Valley Bank on Friday, resolves the bank could shape any spillovers to the rest of the banking system, especially small and midsize banks with a similar profile.SVB was focused heavily on lending to venture-capital firms, and the ultimate resolution of the bank’s assets could have broader implications for endowments and pension funds that have increased their exposures to venture capital, said Mr. Rosengren.Fed officials slowed their pace of rate rises last month when they increased their benchmark rate by a quarter-percentage-point to a range between 4.5% and 4.75%. That followed increases of a larger 0.5 percentage point in December and 0.75 percentage point in November and at three previous meetings.Officials said last month that moving in smaller steps would better allow them to assess the effects of their rapid increases last year and reduce the risk of raising rates too much.Mr. Powell said this week officials were likely to project at their coming meeting that they would raise rates to higher levels than they previously anticipated to bring inflation down. In December, most of them thought they would raise the fed-funds rate to between 5% and 5.5% this year.Since Fed officials last met on Feb. 1, several economic reports have revealed hiring, spending and inflation were stronger in January than expected. More important, data revisions showed inflation and labor demand didn’t soften as much as initially reported late last year.“We’re looking at a reversal, really, of what we thought we were seeing to some extent,” said Mr. Powell on Tuesday. “Nothing about the data suggests to me that we’ve tightened too much.”The Fed has been trying to curb investment, spending and hiring by raising rates, which makes it more expensive to borrow and can push down the price of assets such as stocks and real estate. The fed-funds rate influences other borrowing costs throughout the economy.","news_type":1,"symbols_score_info":{".SPX":0.9,".IXIC":0.9,".DJI":0.9}},"isVote":1,"tweetType":1,"viewCount":1119,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9957244197,"gmtCreate":1677335302019,"gmtModify":1677335305425,"author":{"id":"4094852596308640","authorId":"4094852596308640","name":"TKY1978","avatar":"https://static.tigerbbs.com/6cd12a4c4a07fc4dec7e7f7343b18227","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"4094852596308640","idStr":"4094852596308640"},"themes":[],"htmlText":"[Smile]&nbsp;","listText":"[Smile]&nbsp;","text":"[Smile]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":16,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9957244197","repostId":"1177307200","repostType":4,"repost":{"id":"1177307200","kind":"news","weMediaInfo":{"introduction":"Providing stock market headlines, business news, financials and earnings ","home_visible":1,"media_name":"Tiger Newspress","id":"1079075236","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"pubTimestamp":1677330651,"share":"https://ttm.financial/m/news/1177307200?lang=en_US&edition=fundamental","pubTime":"2023-02-25 21:10","market":"us","language":"en","title":"Berkshire Hathaway Fourth-Quarter Operating Earnings Fall 8%, Cash Hoard Swells to Nearly $130 Billion","url":"https://stock-news.laohu8.com/highlight/detail?id=1177307200","media":"Tiger Newspress","summary":"Berkshire Hathaway’s operating profits fell during the fourth quarter as inflationary pressures weig","content":"<html><head></head><body><p><img src=\"https://static.tigerbbs.com/9027ddd6e6e1a7c4f859db847ded7046\" tg-width=\"929\" tg-height=\"523\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"/>Berkshire Hathaway’s operating profits fell during the fourth quarter as inflationary pressures weighed on the conglomerate’s businesses.</p><p>Berkshire Hathaway’s operating earnings totaled $6.7 billion in the fourth quarter of 2022, a release read Saturday. That’s down 7.9% from the year-earlier period when profits totaled $7.285 billion. Operating earnings refers to the total profits made from the businesses owned by the conglomerate.</p><p>For the year, the conglomerate’s operating earnings totaled $30.793 billion. That’s up 12.2% from $27.455 billion in 2021.</p><p>Meanwhile, Berkshire used $2.855 billion to buy back shares in the fourth quarter. That’s lower than the year-earlier period when share repurchases totaled approximately $6.9 billion.</p><p>Given this, Berkshire’s cash hoard grew to $128.651 billion in the fourth quarter of 2022. That’s up from nearly $109 billion in the third quarter.</p><p>Buffett said in his annual shareholder letter that Berkshire will continue to hold a “boatload” of cash and U.S. Treasury bills along with its myriad of businesses. He specified that future CEOs in the company will use their own money to hold Berkshire shares.</p><p>“As for the future, Berkshire will always hold a boatload of cash and U.S. Treasury bills along with a wide array of businesses. We will also avoid behavior that could result in any uncomfortable cash needs at inconvenient times, including financial panics and unprecedented insurance losses,” Buffett wrote.</p><p>“And yes, our shareholders will continue to save and prosper by retaining earnings. At Berkshire, there will be no finish line.”</p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Berkshire Hathaway Fourth-Quarter Operating Earnings Fall 8%, Cash Hoard Swells to Nearly $130 Billion</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nBerkshire Hathaway Fourth-Quarter Operating Earnings Fall 8%, Cash Hoard Swells to Nearly $130 Billion\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time\">2023-02-25 21:10</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p><img src=\"https://static.tigerbbs.com/9027ddd6e6e1a7c4f859db847ded7046\" tg-width=\"929\" tg-height=\"523\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"/>Berkshire Hathaway’s operating profits fell during the fourth quarter as inflationary pressures weighed on the conglomerate’s businesses.</p><p>Berkshire Hathaway’s operating earnings totaled $6.7 billion in the fourth quarter of 2022, a release read Saturday. That’s down 7.9% from the year-earlier period when profits totaled $7.285 billion. Operating earnings refers to the total profits made from the businesses owned by the conglomerate.</p><p>For the year, the conglomerate’s operating earnings totaled $30.793 billion. That’s up 12.2% from $27.455 billion in 2021.</p><p>Meanwhile, Berkshire used $2.855 billion to buy back shares in the fourth quarter. That’s lower than the year-earlier period when share repurchases totaled approximately $6.9 billion.</p><p>Given this, Berkshire’s cash hoard grew to $128.651 billion in the fourth quarter of 2022. That’s up from nearly $109 billion in the third quarter.</p><p>Buffett said in his annual shareholder letter that Berkshire will continue to hold a “boatload” of cash and U.S. Treasury bills along with its myriad of businesses. He specified that future CEOs in the company will use their own money to hold Berkshire shares.</p><p>“As for the future, Berkshire will always hold a boatload of cash and U.S. Treasury bills along with a wide array of businesses. We will also avoid behavior that could result in any uncomfortable cash needs at inconvenient times, including financial panics and unprecedented insurance losses,” Buffett wrote.</p><p>“And yes, our shareholders will continue to save and prosper by retaining earnings. At Berkshire, there will be no finish line.”</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BRK.A":"伯克希尔","BRK.B":"伯克希尔B"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1177307200","content_text":"Berkshire Hathaway’s operating profits fell during the fourth quarter as inflationary pressures weighed on the conglomerate’s businesses.Berkshire Hathaway’s operating earnings totaled $6.7 billion in the fourth quarter of 2022, a release read Saturday. That’s down 7.9% from the year-earlier period when profits totaled $7.285 billion. Operating earnings refers to the total profits made from the businesses owned by the conglomerate.For the year, the conglomerate’s operating earnings totaled $30.793 billion. That’s up 12.2% from $27.455 billion in 2021.Meanwhile, Berkshire used $2.855 billion to buy back shares in the fourth quarter. That’s lower than the year-earlier period when share repurchases totaled approximately $6.9 billion.Given this, Berkshire’s cash hoard grew to $128.651 billion in the fourth quarter of 2022. That’s up from nearly $109 billion in the third quarter.Buffett said in his annual shareholder letter that Berkshire will continue to hold a “boatload” of cash and U.S. Treasury bills along with its myriad of businesses. He specified that future CEOs in the company will use their own money to hold Berkshire shares.“As for the future, Berkshire will always hold a boatload of cash and U.S. Treasury bills along with a wide array of businesses. We will also avoid behavior that could result in any uncomfortable cash needs at inconvenient times, including financial panics and unprecedented insurance losses,” Buffett wrote.“And yes, our shareholders will continue to save and prosper by retaining earnings. At Berkshire, there will be no finish line.”","news_type":1,"symbols_score_info":{"BRK.B":0.9,"BRK.A":0.9}},"isVote":1,"tweetType":1,"viewCount":527,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9940209389,"gmtCreate":1677904398841,"gmtModify":1677904402669,"author":{"id":"4094852596308640","authorId":"4094852596308640","name":"TKY1978","avatar":"https://static.tigerbbs.com/6cd12a4c4a07fc4dec7e7f7343b18227","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"4094852596308640","idStr":"4094852596308640"},"themes":[],"htmlText":"[Smile]&nbsp;","listText":"[Smile]&nbsp;","text":"[Smile]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":15,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9940209389","repostId":"2316492950","repostType":4,"repost":{"id":"2316492950","kind":"highlight","pubTimestamp":1677987004,"share":"https://ttm.financial/m/news/2316492950?lang=en_US&edition=fundamental","pubTime":"2023-03-05 11:30","market":"us","language":"en","title":"Want $1 Million in Retirement? Buy These 2 Stocks in 2023 and Hold for the Next Decade","url":"https://stock-news.laohu8.com/highlight/detail?id=2316492950","media":"Motley Fool","summary":"Don't let a potential bear market keep you on the sidelines.","content":"<div>\n<p>Building a $1 million retirement nest egg is the dream of many investors. With the appropriate strategy, allocation, and investing time horizon, this isn't an impossible goal by any means. As you ...</p>\n\n<a href=\"https://www.fool.com/investing/2023/03/03/want-1-million-in-retirement-buy-these-2-stocks-in/\">Source Link</a>\n\n</div>\n","source":"fool_stock","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>Want $1 Million in Retirement? Buy These 2 Stocks in 2023 and Hold for the Next Decade</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nWant $1 Million in Retirement? Buy These 2 Stocks in 2023 and Hold for the Next Decade\n</h2>\n\n<h4 class=\"meta\">\n\n\n2023-03-05 11:30 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.fool.com/investing/2023/03/03/want-1-million-in-retirement-buy-these-2-stocks-in/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Building a $1 million retirement nest egg is the dream of many investors. With the appropriate strategy, allocation, and investing time horizon, this isn't an impossible goal by any means. As you ...</p>\n\n<a href=\"https://www.fool.com/investing/2023/03/03/want-1-million-in-retirement-buy-these-2-stocks-in/\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"UPST":"Upstart Holdings, Inc.","TDOC":"Teladoc Health Inc."},"source_url":"https://www.fool.com/investing/2023/03/03/want-1-million-in-retirement-buy-these-2-stocks-in/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2316492950","content_text":"Building a $1 million retirement nest egg is the dream of many investors. With the appropriate strategy, allocation, and investing time horizon, this isn't an impossible goal by any means. As you diversify your basket of stocks to work toward this achievement, it's important to select quality businesses across a wide variety of sectors with multiple catalysts to sustain continued returns over a period of years.For example, if you were to invest $200,000 in the stock market right now, promising companies with innovative, industry-leading businesses ripe for future growth could foreseeably compound that investment by 5 times or more in the next decade. With that said, here are two such stocks that could help you build out your retirement plan.1. UpstartUpstart is dealing with extremely choppy market waters right now; however, looking beyond these events to the company's long-term prospects, an altogether brighter picture forms. To understand why, one has to take a deeper look into the inner workings of Upstart and its business, which is driven by artificial intelligence and machine learning. The company operates a lending marketplace that revolves around its innovative technology platform, which leverages more than 1,600 data points to assess the creditworthiness of any given consumer. In other words, it doesn't just the FICO score but atypical factors like education and income to help determine this.By using a far broader range of factors to determine whether an applicant ought to be approved for a loan, as well as the platform's predictive capabilities that calibrate to the economic environment to assess the likelihood of that applicant to default, Upstart has not only been able to democratize the long-stale lending arena but also lower risk for institutional partners with more inclusive and real-time data.Moreover, because Upstart's platform is constantly learning, this not only enables it to adjust to the most current economic conditions, but this also means that more of the company's loan applications are being handled on a fully automated basis.In Upstart's full-year 2022 earnings report, management said that 82% of all loan applications on the platform were fully automated -- the highest level of automation its model has reached in the history of the company. Moreover, 88% of all small-dollar loans are now automated. On top of that, as of the end of 2022, Upstart's model had learned more in the prior seven months than it had in the entire 30 months before that.During 2022, Upstart's number of bank and credit union partners soared 120% from 2021, and its network of auto dealers jumped more than 90% year over year. Bear in mind, the auto lending market alone represents a near $800 billion opportunity, and as of the end of 2022, the company had the second-fastest-growing auto retail software in the country.As Upstart's platform is constantly learning, a challenging economic environment is inevitably going to mean that it approves fewer loans than it would in a situation where the risk of default is lower, but this would also indicate the exact opposite would happen in a more buoyant economic landscape. At the same time, the combination of institutional partners funding far fewer loans right now and a drop in consumers applying for loans has contributed to the declines in Upstart's top and bottom lines recently. While investors will need to continue watching these factors closely in the quarters ahead, it's important to differentiate broader economic headwinds from headwinds tied directly to Upstart's business.The fact that the company is expanding market share, boosting platform automation, and rapidly growing its partner network even in a decidedly bleak lending environment is notable, and could prime the business for a relatively rapid upward trajectory once the economic environment improves and interest rates come down. Even a conservative position in this top growth stock could yield tremendous results over the next five to 10 years when paired with a wide selection of investments in a buy-and-hold investment portfolio. That potential may be too intriguing for some investors to overlook while the stock's currently trading down.2. TeladocTeladoc investors -- and I am one of them -- have faced more than their fair share of volatile market days over the past year. While shares of this healthcare stock are still down 64% from 12 months ago, they've risen roughly 15% since the start of 2023. The market has been far less kind toward unprofitable, growth-oriented businesses in the current economic environment, and Teladoc currently fits squarely into both categories.The full 2022 year saw Teladoc achieve some notable goals, while falling short on other fronts. Revenue totaled $2.4 billion for the 12-month period, an 18% increase from 2021. Adjusted earnings before interest, taxes, depreciation, and amortization (EBITDA) was down year over year, but still hit $247 million. Teladoc also continues to see rapid adoption across a wide range of its healthcare services, with its teletherapy arm BetterHelp alone posting revenue growth of 29% year over year in the final quarter of 2022.Teladoc reported a third impairment charge in Q4 of 2022 after having significantly shaved its net losses in the prior quarter. Specifically, it ended the 12-month period with a net loss of $13.7 billion, almost entirely due to impairment charges related to writing down the value of its 2020 Livongo acquisition. Here's the thing, though: While this loss is unpleasant to look at as an investor, these were non-cash impairment charges. In other words, paper-only net losses, which are not the same as actual operational losses.Even though Teladoc overpaid for that acquisition, its contribution to its overall mission of disrupting the still underserved chronic care solutions market remains a notable green flag for the long-term future of the integration of these two businesses. CEO Jason Gorevic noted the following about its chronic care segment and broader platform expansion on the company's 2022 earnings call:Access to our platform is available to over 80 million individuals in the U.S. today, primarily through our relationships with employers and health plans. Over 50% of that population has access to more than one of our products. And when I look at our suite of chronic care solutions, 30% of enrollees are now utilizing more than one chronic care product. Our BetterHelp offering provided over 1 million individuals with access to mental healthcare over the past year, many of whom are unlikely to have received any care at all, if not for our services.Our platform enabled over 22 million visits across specialties last year and over 0.5 billion digital health interactions with an unmatched consumer experience and a net promoter score over 60. That breadth and scale is unrivaled in the industry and gives us a strong foundation on which to expand.Teladoc remains the premier telehealth platform in the U.S., and the increasing diversity and adoption of its offerings bode well for its ability to continue expanding its market share in the years ahead. Management has been clear that moving back to profitability is a key goal for the future. The investments Teladoc is making now could yield robust returns for the company and its shareholders in the years ahead. As such, given Teladoc's long trajectory for growth, forward-thinking investors may find any dips in the stock to be too good to pass up.","news_type":1,"symbols_score_info":{"UPST":0.9,"TDOC":0.9}},"isVote":1,"tweetType":1,"viewCount":513,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9943649857,"gmtCreate":1679440133479,"gmtModify":1679440137589,"author":{"id":"4094852596308640","authorId":"4094852596308640","name":"TKY1978","avatar":"https://static.tigerbbs.com/6cd12a4c4a07fc4dec7e7f7343b18227","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"4094852596308640","idStr":"4094852596308640"},"themes":[],"htmlText":"[Smile]&nbsp;","listText":"[Smile]&nbsp;","text":"[Smile]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":14,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9943649857","repostId":"2321670854","repostType":2,"repost":{"id":"2321670854","kind":"highlight","weMediaInfo":{"introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"media_name":"Reuters","id":"1036604489","head_image":"https://static.tigerbbs.com/443ce19704621c837795676028cec868"},"pubTimestamp":1679428829,"share":"https://ttm.financial/m/news/2321670854?lang=en_US&edition=fundamental","pubTime":"2023-03-22 04:00","market":"us","language":"en","title":"US STOCKS-Wall Street Ends Green on Bank Bounce As Fed Takes Focus","url":"https://stock-news.laohu8.com/highlight/detail?id=2321670854","media":"Reuters","summary":"Wall Street closed sharply higher on Tuesday as widespread fears over liquidity in the banking secto","content":"<html><head></head><body><p>Wall Street closed sharply higher on Tuesday as widespread fears over liquidity in the banking sector abated and market participants eyed the Federal Reserve, which is expected to conclude its two-day policy meeting on Wednesday with a 25 basis-point hike to its policy rate.</p><p>All three major U.S. stock indexes were bright green as the session closed, with smallcaps, energy and financials enjoying the most sizable gains.</p><p>A one-two punch of regional bank failures last week, followed by the rescue of $First Republic Bank(FRC-N)$ and the takeover of Credit Suisse, sparked a rout in banking stocks and fueled worries of contagion in the financial sector which, in turn, heightened global anxieties over the growing possibility of recession.</p><p>But banking stocks bounced back on Tuesday, building on Monday&#39;s reversal. Still, despite its recent resurgence, the S&amp;P banks index has lost nearly 18% of its value just this month.</p><p>Both the SPXBK and the KBW Regional Banking index marked their biggest one-day percentage jumps in months.</p><p>&#34;The stock market is coming to a recognition that the banking crisis wasn&#39;t a crisis after all, and was isolated to a handful of banks,&#34; said Oliver Pursche, senior vice president at Wealthspire Advisors in New York. &#34;Both the public and the private sector have shown they are more than able to backstop and shore up weak institutions.&#34;</p><p>Treasury Secretary Janet Yellen, in prepared remarks before the American Bankers Association, said the U.S. banking system has stabilized due to decisive actions from regulators, but warned more action might be required.</p><p>Attention now shifts to the Fed, which has gathered for its two-day monetary policy meeting, at which the members of the Federal Open Markets Committee <a href=\"https://laohu8.com/S/FOMC\">$(FOMC)$</a> will revisit their economic projections and, in all likelihood, implement another increase to the Fed funds target rate in their ongoing battle against inflation.</p><p>&#34;The Fed will raise interest rates by 25 basis points and the market won&#39;t care,&#34; Pursche added. &#34;It will all be about (Chairman Jerome) Powell&#39;s statement on the economy and inflation, and if he can do a good enough job convincing the public that the banking noise&#34; can be attributed to bad management on the part of a few banks.</p><p>At last glance, financial markets have now priced in an 83.4% likelihood of a 25 basis-point rate hike, and a 16.6% probability that the central bank will leave its policy rate unchanged, according to CME&#39;s FedWatch tool.</p><p>Economic data released early in the session showed a 14.5% jump in existing home sales, blasting past expectations and snapping a 12-month losing streak.</p><p>According to preliminary data, the S&amp;P 500 gained 50.84 points, or 1.29%, to end at 4,002.41 points, while the Nasdaq Composite gained 181.47 points, or 1.55%, to 11,860.04. The Dow Jones Industrial Average rose 313.36 points, or 0.97%, to 32,566.44.</p><p>Shares of <a href=\"https://laohu8.com/S/FRCDL\">First Republic Bank</a> saw their biggest-ever one-day percentage jump as JPMorgan CEO Jamie Dimon leads talks with other big banks aimed at investing in the lender, according to the Wall Street Journal. Peers <a href=\"https://laohu8.com/S/PACW\">PacWest Bancorp</a> and Western Alliance Bancorp also surged.</p><p>Tesla Inc advanced after the electric automaker appeared on track to report one of its best quarters in China, according to car registration data.</p><p><img src=\"https://static.tigerbbs.com/b7948a6ab28102cd1434626ac859aa85\" tg-width=\"1080\" tg-height=\"1920\" referrerpolicy=\"no-referrer\"/></p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>US STOCKS-Wall Street Ends Green on Bank Bounce As Fed Takes Focus</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nUS STOCKS-Wall Street Ends Green on Bank Bounce As Fed Takes Focus\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1036604489\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/443ce19704621c837795676028cec868);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Reuters </p>\n<p class=\"h-time\">2023-03-22 04:00</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>Wall Street closed sharply higher on Tuesday as widespread fears over liquidity in the banking sector abated and market participants eyed the Federal Reserve, which is expected to conclude its two-day policy meeting on Wednesday with a 25 basis-point hike to its policy rate.</p><p>All three major U.S. stock indexes were bright green as the session closed, with smallcaps, energy and financials enjoying the most sizable gains.</p><p>A one-two punch of regional bank failures last week, followed by the rescue of $First Republic Bank(FRC-N)$ and the takeover of Credit Suisse, sparked a rout in banking stocks and fueled worries of contagion in the financial sector which, in turn, heightened global anxieties over the growing possibility of recession.</p><p>But banking stocks bounced back on Tuesday, building on Monday&#39;s reversal. Still, despite its recent resurgence, the S&amp;P banks index has lost nearly 18% of its value just this month.</p><p>Both the SPXBK and the KBW Regional Banking index marked their biggest one-day percentage jumps in months.</p><p>&#34;The stock market is coming to a recognition that the banking crisis wasn&#39;t a crisis after all, and was isolated to a handful of banks,&#34; said Oliver Pursche, senior vice president at Wealthspire Advisors in New York. &#34;Both the public and the private sector have shown they are more than able to backstop and shore up weak institutions.&#34;</p><p>Treasury Secretary Janet Yellen, in prepared remarks before the American Bankers Association, said the U.S. banking system has stabilized due to decisive actions from regulators, but warned more action might be required.</p><p>Attention now shifts to the Fed, which has gathered for its two-day monetary policy meeting, at which the members of the Federal Open Markets Committee <a href=\"https://laohu8.com/S/FOMC\">$(FOMC)$</a> will revisit their economic projections and, in all likelihood, implement another increase to the Fed funds target rate in their ongoing battle against inflation.</p><p>&#34;The Fed will raise interest rates by 25 basis points and the market won&#39;t care,&#34; Pursche added. &#34;It will all be about (Chairman Jerome) Powell&#39;s statement on the economy and inflation, and if he can do a good enough job convincing the public that the banking noise&#34; can be attributed to bad management on the part of a few banks.</p><p>At last glance, financial markets have now priced in an 83.4% likelihood of a 25 basis-point rate hike, and a 16.6% probability that the central bank will leave its policy rate unchanged, according to CME&#39;s FedWatch tool.</p><p>Economic data released early in the session showed a 14.5% jump in existing home sales, blasting past expectations and snapping a 12-month losing streak.</p><p>According to preliminary data, the S&amp;P 500 gained 50.84 points, or 1.29%, to end at 4,002.41 points, while the Nasdaq Composite gained 181.47 points, or 1.55%, to 11,860.04. The Dow Jones Industrial Average rose 313.36 points, or 0.97%, to 32,566.44.</p><p>Shares of <a href=\"https://laohu8.com/S/FRCDL\">First Republic Bank</a> saw their biggest-ever one-day percentage jump as JPMorgan CEO Jamie Dimon leads talks with other big banks aimed at investing in the lender, according to the Wall Street Journal. Peers <a href=\"https://laohu8.com/S/PACW\">PacWest Bancorp</a> and Western Alliance Bancorp also surged.</p><p>Tesla Inc advanced after the electric automaker appeared on track to report one of its best quarters in China, according to car registration data.</p><p><img src=\"https://static.tigerbbs.com/b7948a6ab28102cd1434626ac859aa85\" tg-width=\"1080\" tg-height=\"1920\" referrerpolicy=\"no-referrer\"/></p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".IXIC":"NASDAQ Composite","SQQQ":"纳指三倍做空ETF","PSQ":"做空纳斯达克100指数ETF-ProShares","QQQ":"纳指100ETF","QID":"两倍做空纳斯达克指数ETF-ProShares",".SPX":"S&P 500 Index","DXD":"两倍做空道琼30指数ETF-ProShares","FOMC":"FOMO CORP.","TQQQ":"纳指三倍做多ETF","DOG":"道指ETF-ProShares做空","UDOW":"三倍做多道指30ETF-ProShares","DDM":"2倍做多道指ETF-ProShares",".DJI":"道琼斯","DJX":"1/100道琼斯","QLD":"2倍做多纳斯达克100指数ETF-ProShares","SDOW":"三倍做空道指30ETF-ProShares"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2321670854","content_text":"Wall Street closed sharply higher on Tuesday as widespread fears over liquidity in the banking sector abated and market participants eyed the Federal Reserve, which is expected to conclude its two-day policy meeting on Wednesday with a 25 basis-point hike to its policy rate.All three major U.S. stock indexes were bright green as the session closed, with smallcaps, energy and financials enjoying the most sizable gains.A one-two punch of regional bank failures last week, followed by the rescue of $First Republic Bank(FRC-N)$ and the takeover of Credit Suisse, sparked a rout in banking stocks and fueled worries of contagion in the financial sector which, in turn, heightened global anxieties over the growing possibility of recession.But banking stocks bounced back on Tuesday, building on Monday's reversal. Still, despite its recent resurgence, the S&P banks index has lost nearly 18% of its value just this month.Both the SPXBK and the KBW Regional Banking index marked their biggest one-day percentage jumps in months.\"The stock market is coming to a recognition that the banking crisis wasn't a crisis after all, and was isolated to a handful of banks,\" said Oliver Pursche, senior vice president at Wealthspire Advisors in New York. \"Both the public and the private sector have shown they are more than able to backstop and shore up weak institutions.\"Treasury Secretary Janet Yellen, in prepared remarks before the American Bankers Association, said the U.S. banking system has stabilized due to decisive actions from regulators, but warned more action might be required.Attention now shifts to the Fed, which has gathered for its two-day monetary policy meeting, at which the members of the Federal Open Markets Committee $(FOMC)$ will revisit their economic projections and, in all likelihood, implement another increase to the Fed funds target rate in their ongoing battle against inflation.\"The Fed will raise interest rates by 25 basis points and the market won't care,\" Pursche added. \"It will all be about (Chairman Jerome) Powell's statement on the economy and inflation, and if he can do a good enough job convincing the public that the banking noise\" can be attributed to bad management on the part of a few banks.At last glance, financial markets have now priced in an 83.4% likelihood of a 25 basis-point rate hike, and a 16.6% probability that the central bank will leave its policy rate unchanged, according to CME's FedWatch tool.Economic data released early in the session showed a 14.5% jump in existing home sales, blasting past expectations and snapping a 12-month losing streak.According to preliminary data, the S&P 500 gained 50.84 points, or 1.29%, to end at 4,002.41 points, while the Nasdaq Composite gained 181.47 points, or 1.55%, to 11,860.04. The Dow Jones Industrial Average rose 313.36 points, or 0.97%, to 32,566.44.Shares of First Republic Bank saw their biggest-ever one-day percentage jump as JPMorgan CEO Jamie Dimon leads talks with other big banks aimed at investing in the lender, according to the Wall Street Journal. Peers PacWest Bancorp and Western Alliance Bancorp also surged.Tesla Inc advanced after the electric automaker appeared on track to report one of its best quarters in China, according to car registration data.","news_type":1,"symbols_score_info":{"SQQQ":0.6,"DDM":0.6,"MNQmain":0.6,"DJX":0.6,"SDOW":0.6,".IXIC":0.9,"DXD":0.6,"FOMC":1,"PSQ":0.6,"QLD":0.6,"QQQ":0.6,".DJI":0.9,"QID":0.6,"DOG":0.6,"TQQQ":0.6,"NQmain":0.6,"UDOW":0.6,".SPX":0.9}},"isVote":1,"tweetType":1,"viewCount":3762,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9949609125,"gmtCreate":1678545655168,"gmtModify":1678545658584,"author":{"id":"4094852596308640","authorId":"4094852596308640","name":"TKY1978","avatar":"https://static.tigerbbs.com/6cd12a4c4a07fc4dec7e7f7343b18227","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"4094852596308640","idStr":"4094852596308640"},"themes":[],"htmlText":"[Smile]&nbsp;","listText":"[Smile]&nbsp;","text":"[Smile]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":14,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9949609125","repostId":"1190583234","repostType":4,"repost":{"id":"1190583234","kind":"news","weMediaInfo":{"introduction":"Providing stock market headlines, business news, financials and earnings ","home_visible":1,"media_name":"Tiger Newspress","id":"1079075236","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"pubTimestamp":1678427464,"share":"https://ttm.financial/m/news/1190583234?lang=en_US&edition=fundamental","pubTime":"2023-03-10 13:51","market":"us","language":"en","title":"Reminder: U.S. Daylight Saving Time Begins on Sunday, March 12, 2023","url":"https://stock-news.laohu8.com/highlight/detail?id=1190583234","media":"Tiger Newspress","summary":"U.S. daylight saving time begins on Sunday, March 12, 2023. at 2:00 a.m. The clocks will be moved fo","content":"<html><head></head><body><p>U.S. daylight saving time begins on Sunday, March 12, 2023. at 2:00 a.m. The clocks will be moved forward from 2:00 a.m. to 3:00 a.m.</p><p>At that time, the regular trading period of the US stock market will become:</p><p><b>Beijing Time/SGT</b>: 21:30 p.m. to 04:00 a.m.</p><p><b>AEDT Time (Australian Eastern Daylight Time)</b>: 00:30 a.m. to 07:00 a.m.</p><p><b>NZDT Time (New Zealand Daylight Time)</b>: 02:30 a.m. to 09:00 a.m.</p><p>Daylight saving time will end on Nov. 5 this year. The federal Energy Policy Act of 2005 decreed that standard time starts on the first Sunday of November.</p><p><img src=\"https://static.tigerbbs.com/bb43c4b21c5c5212202ea8e20e5bd617\" tg-width=\"674\" tg-height=\"365\" referrerpolicy=\"no-referrer\"/>Background</p><p>In 1918, the U.S. enacted the first Daylight Saving Time law as a way to conserve fuel. It was reintroduced during World War II.</p><p>In 1973, President Nixon signed into law the Emergency Daylight Saving Time Energy Conservation Act, which made DST permanent in the U.S. This helped reduce confusion throughout the country with some regions of the U.S. participating in the practice and some regions opting out.</p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Reminder: U.S. Daylight Saving Time Begins on Sunday, March 12, 2023</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nReminder: U.S. Daylight Saving Time Begins on Sunday, March 12, 2023\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time\">2023-03-10 13:51</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>U.S. daylight saving time begins on Sunday, March 12, 2023. at 2:00 a.m. The clocks will be moved forward from 2:00 a.m. to 3:00 a.m.</p><p>At that time, the regular trading period of the US stock market will become:</p><p><b>Beijing Time/SGT</b>: 21:30 p.m. to 04:00 a.m.</p><p><b>AEDT Time (Australian Eastern Daylight Time)</b>: 00:30 a.m. to 07:00 a.m.</p><p><b>NZDT Time (New Zealand Daylight Time)</b>: 02:30 a.m. to 09:00 a.m.</p><p>Daylight saving time will end on Nov. 5 this year. The federal Energy Policy Act of 2005 decreed that standard time starts on the first Sunday of November.</p><p><img src=\"https://static.tigerbbs.com/bb43c4b21c5c5212202ea8e20e5bd617\" tg-width=\"674\" tg-height=\"365\" referrerpolicy=\"no-referrer\"/>Background</p><p>In 1918, the U.S. enacted the first Daylight Saving Time law as a way to conserve fuel. It was reintroduced during World War II.</p><p>In 1973, President Nixon signed into law the Emergency Daylight Saving Time Energy Conservation Act, which made DST permanent in the U.S. This helped reduce confusion throughout the country with some regions of the U.S. participating in the practice and some regions opting out.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".IXIC":"NASDAQ Composite",".SPX":"S&P 500 Index",".DJI":"道琼斯"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1190583234","content_text":"U.S. daylight saving time begins on Sunday, March 12, 2023. at 2:00 a.m. The clocks will be moved forward from 2:00 a.m. to 3:00 a.m.At that time, the regular trading period of the US stock market will become:Beijing Time/SGT: 21:30 p.m. to 04:00 a.m.AEDT Time (Australian Eastern Daylight Time): 00:30 a.m. to 07:00 a.m.NZDT Time (New Zealand Daylight Time): 02:30 a.m. to 09:00 a.m.Daylight saving time will end on Nov. 5 this year. The federal Energy Policy Act of 2005 decreed that standard time starts on the first Sunday of November.BackgroundIn 1918, the U.S. enacted the first Daylight Saving Time law as a way to conserve fuel. It was reintroduced during World War II.In 1973, President Nixon signed into law the Emergency Daylight Saving Time Energy Conservation Act, which made DST permanent in the U.S. This helped reduce confusion throughout the country with some regions of the U.S. participating in the practice and some regions opting out.","news_type":1,"symbols_score_info":{".IXIC":0.9,".SPX":0.9,".DJI":0.9}},"isVote":1,"tweetType":1,"viewCount":2006,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9077454448,"gmtCreate":1658562807684,"gmtModify":1676536177447,"author":{"id":"4094852596308640","authorId":"4094852596308640","name":"TKY1978","avatar":"https://static.tigerbbs.com/6cd12a4c4a07fc4dec7e7f7343b18227","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"4094852596308640","idStr":"4094852596308640"},"themes":[],"htmlText":"Trade with care","listText":"Trade with care","text":"Trade with care","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":9,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/9077454448","repostId":"2253066929","repostType":4,"repost":{"id":"2253066929","kind":"highlight","pubTimestamp":1658542584,"share":"https://ttm.financial/m/news/2253066929?lang=en_US&edition=fundamental","pubTime":"2022-07-23 10:16","market":"us","language":"en","title":"The 2 Safest Energy Dividends Right Now","url":"https://stock-news.laohu8.com/highlight/detail?id=2253066929","media":"Motley Fool","summary":"These passive income stalwarts will let investors rest easy no matter what the market is doing.","content":"<div>\n<p>The energy industry had some of the hottest stocks on the market over the past two years, but with fears of a recession potentially dampening demand for oil and gas, the S&P 500 Energy index is down ...</p>\n\n<a href=\"https://www.fool.com/investing/2022/07/22/the-2-safest-energy-dividends-right-now/\">Source Link</a>\n\n</div>\n","source":"fool_stock","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 2 Safest Energy Dividends Right Now</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nThe 2 Safest Energy Dividends Right Now\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-07-23 10:16 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.fool.com/investing/2022/07/22/the-2-safest-energy-dividends-right-now/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>The energy industry had some of the hottest stocks on the market over the past two years, but with fears of a recession potentially dampening demand for oil and gas, the S&P 500 Energy index is down ...</p>\n\n<a href=\"https://www.fool.com/investing/2022/07/22/the-2-safest-energy-dividends-right-now/\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"CVX":"雪佛龙","EPD":"Enterprise Products Partners L.P"},"source_url":"https://www.fool.com/investing/2022/07/22/the-2-safest-energy-dividends-right-now/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2253066929","content_text":"The energy industry had some of the hottest stocks on the market over the past two years, but with fears of a recession potentially dampening demand for oil and gas, the S&P 500 Energy index is down 25% since its peak last month.The cost of a barrel of oil is down to around $100 per barrel, and gasoline at the pumps has broken from its record high last month of $5 a gallon. But upstream, midstream, and downstream energy stocks are still taking a beating.That makes it a critical time to consider where you've been putting your money to work and whether you should be investing in dividend stocks to protect your downside. History shows income-generating stocks outperform non-dividend stocks even in the worst of times, so if we're heading into a new period of market turbulence, it may be the right time to find companies that pay a safe dividend and can pad your pockets during this uncertainty.Chevron  and Enterprise Products Partners offer two of the most dependable dividends in the energy sector right now.Chevron As one of the biggest integrated energy companies, Chevron stands to benefit from the global need for fossil fuels that will last for years, decades even. Despite alternative fuel sources filling an increasing percentage of our energy needs, there isn't the capacity available for wind, solar, or biofuels to displace oil and gas as our primary providers.Even though oil's price has dropped from its highs, it remains elevated and will likely stay elevated for some time to come. Chevron has told investors that even if oil drops to $50 a barrel -- what it deems its break-even price -- it would be able to maintain its record-setting stock buyback rate of $10 billion annually plus finance its dividend without worry, while a price of $75 a barrel would allow for further increases in both.It also noted that during the depths of the pandemic lockdown with oil averaging $30 a barrel (there was a point where the price even went negative), Chevron maintained its payout while still investing in its business even as many of its rivals suspended their dividends.The oil giant has a record of increasing its dividend for 35 consecutive years, most recently in January when it hiked the quarterly payout 6% to $1.42 per share, or $5.68 annually. With a healthy yield of 4.1% annually, Chevron is a Dividend Aristocrat, and its payout remains one of the industry's safest.Enterprise Products PartnersUnlike Chevron having its hand in all aspects of the oil and gas supply chain, Enterprise Products Partners specializes in the midstream channel, owning one of the largest pipeline networks in the U.S. with over 50,000 miles of pipeline, 14 billion cubic feet of natural gas storage, and 260 million barrels of storage capacity for natural gas liquids (NGLs), crude oil, refined products, and petrochemicals. It also has 21 NGL processing plants.Enterprise Products Partners is also one of the largest publicly traded partnerships in the country. As the middleman in the process, it thrives because it has a stable stream of revenue and predictable cash flows. Much of its revenue is derived from long-term, fixed-fee, or take-or-pay contracts that mean it gets paid whether its customers accept delivery of the product or not.Although the midstream player doesn't yet have the same longevity as Chevron in raising its dividend, at 23 consecutive years and counting, it is fast closing in on the 25-year threshold needed to become a Dividend Aristocrat.It's also a very safe dividend as its distribution-coverage ratio, or the amount of cash flow available for distribution compared to what the company disburses to its shareholders, of 1.8. The ratio should not fall below 1 as that implies the payout is unsustainable. But even during the pandemic, Enterprise's distribution-coverage ratio never got close to 1 and ended the year at 1.6.","news_type":1,"symbols_score_info":{"CVX":0.9,"EPD":0.9}},"isVote":1,"tweetType":1,"viewCount":1064,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9095410611,"gmtCreate":1644971784630,"gmtModify":1676533981384,"author":{"id":"4094852596308640","authorId":"4094852596308640","name":"TKY1978","avatar":"https://static.tigerbbs.com/6cd12a4c4a07fc4dec7e7f7343b18227","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"4094852596308640","idStr":"4094852596308640"},"themes":[],"htmlText":"Trade with care","listText":"Trade with care","text":"Trade with care","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":10,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9095410611","repostId":"2211637053","repostType":4,"repost":{"id":"2211637053","kind":"highlight","weMediaInfo":{"introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"media_name":"Reuters","id":"1036604489","head_image":"https://static.tigerbbs.com/443ce19704621c837795676028cec868"},"pubTimestamp":1644966042,"share":"https://ttm.financial/m/news/2211637053?lang=en_US&edition=fundamental","pubTime":"2022-02-16 07:00","market":"us","language":"en","title":"US STOCKS-Wall Street Surges as Easing Geopolitical Worries Fuel Broad Rally","url":"https://stock-news.laohu8.com/highlight/detail?id=2211637053","media":"Reuters","summary":"Wall Street ended sharply higher on Tuesday, as signs of de-escalating tensions along the Russia-Ukraine border sparked a risk-on session.All three major indexes notched solid advances on the day, wit","content":"<html><head></head><body><p>Wall Street ended sharply higher on Tuesday, as signs of de-escalating tensions along the Russia-Ukraine border sparked a risk-on session.</p><p>All three major indexes notched solid advances on the day, with market leading tech and tech-adjacent stocks providing the biggest boost and putting the Nasdaq, which gained 2.5%, out front.</p><p>The Philadelphia SE Semiconductor index jumped 5.5% in its largest one-day percentage gain since March 2021.</p><p>Geopolitical heat was turned down a notch after Russia said it had withdrawn some of its troops near the Ukraine border, prompting bullish equities sentiment and causing crude prices to slide on easing supply concerns.</p><p>The announcement received guarded responses, and the United States and NATO said they had yet to see evidence of a drawdown.</p><p>Stocks briefly pared gains late in the session, when U.S. President Joe Biden said that while diplomatic efforts are ongoing.</p><p>&#34;Nice rally today, thanks to (Russian President Vladimir) Putin,&#34; said David Carter, managing director at Wealthspire Advisors in New York.</p><p>&#34;Markets have been moving based on Putin or (Federal Reserve Chairman Jerome) Powell,&#34; Carter added. &#34;Putin and his intentions with Ukraine and Powell and his intentions regarding interest rates.&#34;</p><p>The CBOE market volatility index backed down from a three-week high.</p><p>On the economic front, a report from the Labor Department showed producer prices surged in January at twice the expected rate, reinforcing economist expectations that the Federal Reserve will take on stubbornly persistent inflation by aggressively hiking key interest rates.</p><p>&#34;Inflation data suggests prices are rising, but markets already knew this,&#34; Carter said.</p><p>The graphic below shows producer price index <a href=\"https://laohu8.com/S/PPI\">$(PPI)$</a> data, along with other major indicators, and how far they have risen beyond the Fed&#39;s average annual 2% inflation target:</p><p>The market has now priced in better than even odds that the central bank will raise the Fed funds target rate by 50 basis points at its March monetary policy meeting.</p><p>&#34;The market is now priced for a more aggressive Fed, and outside of geopolitics there’s reduced uncertainty,&#34; said Ross Mayfield, investment strategy analyst at Baird in Louisville, Kentucky. &#34;But the market is never certain so you always dealing probabilities.&#34;</p><p>The Dow Jones Industrial Average rose 422.67 points, or 1.22%, to 34,988.84, the S&amp;P 500    gained 69.4 points, or 1.58%, to 4,471.07 and the Nasdaq Composite added 348.84 points, or 2.53%, to 14,139.76.</p><p>Nine of the 11 major sectors in the S&amp;P 500 closed green, with tech shares enjoying the largest percentage gain, jumping 2.7%. Energy stocks,    weighed by sliding crude prices, fell 1.4%.</p><p>Fourth quarter reporting season is entering its last stretch, with 370 of the companies in the S&amp;P 500 having reported. Of those, 78.1% have beaten analyst estimates, according to preliminary Refinitiv data.</p><p>&#34;It&#39;s nice to have that earnings strength underlying these macro issues,&#34; Mayfield added.</p><p>The Philadelphia SE Semiconductor index&#39;s surge followed Intel Corp&#39;s announcement of a $5.4 billion deal to buy Israeli chipmaker <a href=\"https://laohu8.com/S/TWR.AU\">Tower</a> Semiconductor.</p><p>Restaurant Brands International rose 3.6% after the fast food operator beat quarterly profit and revenue estimates.</p><p>Hotelier Marriott International also beat Wall Street expectations due to rising occupancy rates, sending its shares up 5.8%.</p><p>Other travel-related companies surged, with the S&amp;P 1500 airlines index and hotels/restaurants/leisure index rising 5.9% and 2.4%, respectively.</p><p>Shares of cloud infrastructure company Arista Networks</p><p>jumped 5.8% after it forecast better-than-anticipated current quarter revenue.</p><p>Advancing issues outnumbered declining ones on the NYSE by a 3.03-to-1 ratio; on Nasdaq, a 3.87-to-1 ratio favored advancers.</p><p>The S&amp;P 500 posted 6 new 52-week highs and 3 new lows; the Nasdaq Composite recorded 39 new highs and 70 new lows.</p><p>Volume on U.S. exchanges was 10.63 billion shares, compared with the 12.60 billion average over the last 20 trading days.</p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>US STOCKS-Wall Street Surges as Easing Geopolitical Worries Fuel Broad Rally</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nUS STOCKS-Wall Street Surges as Easing Geopolitical Worries Fuel Broad Rally\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1036604489\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/443ce19704621c837795676028cec868);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Reuters </p>\n<p class=\"h-time\">2022-02-16 07:00</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>Wall Street ended sharply higher on Tuesday, as signs of de-escalating tensions along the Russia-Ukraine border sparked a risk-on session.</p><p>All three major indexes notched solid advances on the day, with market leading tech and tech-adjacent stocks providing the biggest boost and putting the Nasdaq, which gained 2.5%, out front.</p><p>The Philadelphia SE Semiconductor index jumped 5.5% in its largest one-day percentage gain since March 2021.</p><p>Geopolitical heat was turned down a notch after Russia said it had withdrawn some of its troops near the Ukraine border, prompting bullish equities sentiment and causing crude prices to slide on easing supply concerns.</p><p>The announcement received guarded responses, and the United States and NATO said they had yet to see evidence of a drawdown.</p><p>Stocks briefly pared gains late in the session, when U.S. President Joe Biden said that while diplomatic efforts are ongoing.</p><p>&#34;Nice rally today, thanks to (Russian President Vladimir) Putin,&#34; said David Carter, managing director at Wealthspire Advisors in New York.</p><p>&#34;Markets have been moving based on Putin or (Federal Reserve Chairman Jerome) Powell,&#34; Carter added. &#34;Putin and his intentions with Ukraine and Powell and his intentions regarding interest rates.&#34;</p><p>The CBOE market volatility index backed down from a three-week high.</p><p>On the economic front, a report from the Labor Department showed producer prices surged in January at twice the expected rate, reinforcing economist expectations that the Federal Reserve will take on stubbornly persistent inflation by aggressively hiking key interest rates.</p><p>&#34;Inflation data suggests prices are rising, but markets already knew this,&#34; Carter said.</p><p>The graphic below shows producer price index <a href=\"https://laohu8.com/S/PPI\">$(PPI)$</a> data, along with other major indicators, and how far they have risen beyond the Fed&#39;s average annual 2% inflation target:</p><p>The market has now priced in better than even odds that the central bank will raise the Fed funds target rate by 50 basis points at its March monetary policy meeting.</p><p>&#34;The market is now priced for a more aggressive Fed, and outside of geopolitics there’s reduced uncertainty,&#34; said Ross Mayfield, investment strategy analyst at Baird in Louisville, Kentucky. &#34;But the market is never certain so you always dealing probabilities.&#34;</p><p>The Dow Jones Industrial Average rose 422.67 points, or 1.22%, to 34,988.84, the S&amp;P 500    gained 69.4 points, or 1.58%, to 4,471.07 and the Nasdaq Composite added 348.84 points, or 2.53%, to 14,139.76.</p><p>Nine of the 11 major sectors in the S&amp;P 500 closed green, with tech shares enjoying the largest percentage gain, jumping 2.7%. Energy stocks,    weighed by sliding crude prices, fell 1.4%.</p><p>Fourth quarter reporting season is entering its last stretch, with 370 of the companies in the S&amp;P 500 having reported. Of those, 78.1% have beaten analyst estimates, according to preliminary Refinitiv data.</p><p>&#34;It&#39;s nice to have that earnings strength underlying these macro issues,&#34; Mayfield added.</p><p>The Philadelphia SE Semiconductor index&#39;s surge followed Intel Corp&#39;s announcement of a $5.4 billion deal to buy Israeli chipmaker <a href=\"https://laohu8.com/S/TWR.AU\">Tower</a> Semiconductor.</p><p>Restaurant Brands International rose 3.6% after the fast food operator beat quarterly profit and revenue estimates.</p><p>Hotelier Marriott International also beat Wall Street expectations due to rising occupancy rates, sending its shares up 5.8%.</p><p>Other travel-related companies surged, with the S&amp;P 1500 airlines index and hotels/restaurants/leisure index rising 5.9% and 2.4%, respectively.</p><p>Shares of cloud infrastructure company Arista Networks</p><p>jumped 5.8% after it forecast better-than-anticipated current quarter revenue.</p><p>Advancing issues outnumbered declining ones on the NYSE by a 3.03-to-1 ratio; on Nasdaq, a 3.87-to-1 ratio favored advancers.</p><p>The S&amp;P 500 posted 6 new 52-week highs and 3 new lows; the Nasdaq Composite recorded 39 new highs and 70 new lows.</p><p>Volume on U.S. exchanges was 10.63 billion shares, compared with the 12.60 billion average over the last 20 trading days.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".IXIC":"NASDAQ Composite",".DJI":"道琼斯","BK4554":"元宇宙及AR概念","PPI":"AXS Astoria Real Assets ETF",".SPX":"S&P 500 Index","BK4512":"苹果概念","BK4527":"明星科技股","BK4141":"半导体产品","BK4534":"瑞士信贷持仓","BK4533":"AQR资本管理(全球第二大对冲基金)","BK4529":"IDC概念","INTC":"英特尔","BK4535":"淡马锡持仓","BK4515":"5G概念","BK4504":"桥水持仓","SPY":"标普500ETF","BK4559":"巴菲特持仓","BK4550":"红杉资本持仓"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2211637053","content_text":"Wall Street ended sharply higher on Tuesday, as signs of de-escalating tensions along the Russia-Ukraine border sparked a risk-on session.All three major indexes notched solid advances on the day, with market leading tech and tech-adjacent stocks providing the biggest boost and putting the Nasdaq, which gained 2.5%, out front.The Philadelphia SE Semiconductor index jumped 5.5% in its largest one-day percentage gain since March 2021.Geopolitical heat was turned down a notch after Russia said it had withdrawn some of its troops near the Ukraine border, prompting bullish equities sentiment and causing crude prices to slide on easing supply concerns.The announcement received guarded responses, and the United States and NATO said they had yet to see evidence of a drawdown.Stocks briefly pared gains late in the session, when U.S. President Joe Biden said that while diplomatic efforts are ongoing.\"Nice rally today, thanks to (Russian President Vladimir) Putin,\" said David Carter, managing director at Wealthspire Advisors in New York.\"Markets have been moving based on Putin or (Federal Reserve Chairman Jerome) Powell,\" Carter added. \"Putin and his intentions with Ukraine and Powell and his intentions regarding interest rates.\"The CBOE market volatility index backed down from a three-week high.On the economic front, a report from the Labor Department showed producer prices surged in January at twice the expected rate, reinforcing economist expectations that the Federal Reserve will take on stubbornly persistent inflation by aggressively hiking key interest rates.\"Inflation data suggests prices are rising, but markets already knew this,\" Carter said.The graphic below shows producer price index $(PPI)$ data, along with other major indicators, and how far they have risen beyond the Fed's average annual 2% inflation target:The market has now priced in better than even odds that the central bank will raise the Fed funds target rate by 50 basis points at its March monetary policy meeting.\"The market is now priced for a more aggressive Fed, and outside of geopolitics there’s reduced uncertainty,\" said Ross Mayfield, investment strategy analyst at Baird in Louisville, Kentucky. \"But the market is never certain so you always dealing probabilities.\"The Dow Jones Industrial Average rose 422.67 points, or 1.22%, to 34,988.84, the S&P 500    gained 69.4 points, or 1.58%, to 4,471.07 and the Nasdaq Composite added 348.84 points, or 2.53%, to 14,139.76.Nine of the 11 major sectors in the S&P 500 closed green, with tech shares enjoying the largest percentage gain, jumping 2.7%. Energy stocks,    weighed by sliding crude prices, fell 1.4%.Fourth quarter reporting season is entering its last stretch, with 370 of the companies in the S&P 500 having reported. Of those, 78.1% have beaten analyst estimates, according to preliminary Refinitiv data.\"It's nice to have that earnings strength underlying these macro issues,\" Mayfield added.The Philadelphia SE Semiconductor index's surge followed Intel Corp's announcement of a $5.4 billion deal to buy Israeli chipmaker Tower Semiconductor.Restaurant Brands International rose 3.6% after the fast food operator beat quarterly profit and revenue estimates.Hotelier Marriott International also beat Wall Street expectations due to rising occupancy rates, sending its shares up 5.8%.Other travel-related companies surged, with the S&P 1500 airlines index and hotels/restaurants/leisure index rising 5.9% and 2.4%, respectively.Shares of cloud infrastructure company Arista Networksjumped 5.8% after it forecast better-than-anticipated current quarter revenue.Advancing issues outnumbered declining ones on the NYSE by a 3.03-to-1 ratio; on Nasdaq, a 3.87-to-1 ratio favored advancers.The S&P 500 posted 6 new 52-week highs and 3 new lows; the Nasdaq Composite recorded 39 new highs and 70 new lows.Volume on U.S. exchanges was 10.63 billion shares, compared with the 12.60 billion average over the last 20 trading days.","news_type":1,"symbols_score_info":{"PPI":1,".DJI":0.9,"NQmain":0.9,"SPY":0.6,".IXIC":0.9,"INTC":0.63,".SPX":0.9}},"isVote":1,"tweetType":1,"viewCount":591,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9027278120,"gmtCreate":1654045564260,"gmtModify":1676535384289,"author":{"id":"4094852596308640","authorId":"4094852596308640","name":"TKY1978","avatar":"https://static.tigerbbs.com/6cd12a4c4a07fc4dec7e7f7343b18227","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"4094852596308640","idStr":"4094852596308640"},"themes":[],"htmlText":"Trade with care","listText":"Trade with care","text":"Trade with care","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":7,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9027278120","repostId":"2240375487","repostType":4,"repost":{"id":"2240375487","kind":"highlight","weMediaInfo":{"introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"media_name":"Reuters","id":"1036604489","head_image":"https://static.tigerbbs.com/443ce19704621c837795676028cec868"},"pubTimestamp":1654038585,"share":"https://ttm.financial/m/news/2240375487?lang=en_US&edition=fundamental","pubTime":"2022-06-01 07:09","market":"us","language":"en","title":"US STOCKS-Wall Street Pulls Back After Last Week's Rally With Inflation in Focus","url":"https://stock-news.laohu8.com/highlight/detail?id=2240375487","media":"Reuters","summary":"Wall Street's three major indexes closed lower on Tuesday, following a rally last week, as volatile ","content":"<html><head></head><body><p>Wall Street&#39;s three major indexes closed lower on Tuesday, following a rally last week, as volatile oil markets kept soaring inflation in focus and investors reacted to hawkish comments from a Federal Reserve official.</p><p>After outperforming earlier in the session, the S&amp;P&#39;s energy sector lost ground after a report that some producers were exploring the idea of suspending Russia&#39;s participation in the OPEC+ production deal.</p><p>Federal Reserve policy was also top of mind for investors as U.S. President Joe Biden and Fed Chair Jerome Powell met on Tuesday to discuss inflation, which Biden said ahead of the meeting was his &#34;top priority.&#34;</p><p>This was after Fed Governor Christopher Waller said on Monday the U.S. central bank should be prepared to raise rates by a half percentage point at every meeting from now on until inflation is decisively curbed.</p><p>&#34;The market&#39;s trying to figure out the endgame for the Fed,&#34; said Jack Janasiewicz, portfolio manager at <a href=\"https://laohu8.com/S/NTXFY\">Natixis</a> Investment Management solutions.</p><p>And while lower commodity prices would be good news for equities in the longer term, the impact of the report about OPEC and Russia on the energy sector may have spooked the broader market a little on Tuesday.</p><p>&#34;That&#39;s the sort of thing that has the market on edge,&#34; said Janasiewicz. &#34;When we started out, the sector leading us higher was energy.&#34;</p><p>By the session&#39;s close, the biggest decliner among the S&amp;P&#39;s 11 major industry sectors was energy, down 1.6%.</p><p>The only sector gainers were consumer discretionary, up 0.8%, with Amazon.com    the S&amp;P&#39;s biggest boost from a single stock on the day, and communications services, up 0.4%, as Google was the S&amp;P&#39;s next biggest contributor.</p><p>The Dow Jones Industrial Average fell 222.84 points, or 0.67%, to 32,990.12, the S&amp;P 500 lost 26.09 points, or 0.63%, to 4,132.15 and the Nasdaq Composite dropped 49.74 points, or 0.41%, to 12,081.39.</p><p>All three indexes had rallied last week to snap a decades-long losing streak.</p><p>With Tuesday&#39;s decline, the S&amp;P and the Dow were essentially unchanged for May. The Nasdaq showed a monthly decline of 2%.</p><p>&#34;There&#39;re too many concerns at the moment for markets to do a sharp V-bottom,&#34; said Carol Schleif, deputy chief investment officer at BMO Family Office, who sees equities trading sideways for some time due to uncertainties including the Russia-Ukraine war, the global economy and inflation, as well as Fed policy.</p><p>&#34;A piece of it is energy prices because at the margin those really impact people&#39;s propensity to spend. People are really noticing the higher prices at the grocery store,&#34; she said.</p><p>Earlier in the day, data showed U.S. consumer confidence eased modestly in May amid persistently high inflation and rising rates, while a separate reading showed U.S. home price growth unexpectedly heated up to record levels in March.</p><p>Other key data due this week is the monthly non-farm payrolls numbers for cues on the labor market.</p><p>U.S.-listed shares of <a href=\"https://laohu8.com/S/AUY\">Yamana Gold Inc</a> climbed 3.7%after South African miner Gold Fields Ltd agreed to buy the Canadian miner in a $6.7 billion all-share deal.</p><p>Dexcom Inc closed up 3% after the glucose monitoring systems maker denied a report on merger talks with insulin pump maker Insulet Corp.</p><p>Declining issues outnumbered advancing ones on the NYSE by a 1.82-to-1 ratio; on Nasdaq, a 1.44-to-1 ratio favored decliners.</p><p>The S&amp;P 500 posted four new 52-week highs and 29 new lows; the Nasdaq Composite recorded 53 new highs and 58 new lows.</p><p>On U.S. exchanges 15.52 billion shares changed hands on Tuesday, compared with the 20-day moving average of 13.25 billion.</p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; 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overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nUS STOCKS-Wall Street Pulls Back After Last Week's Rally With Inflation in Focus\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1036604489\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/443ce19704621c837795676028cec868);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Reuters </p>\n<p class=\"h-time\">2022-06-01 07:09</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>Wall Street&#39;s three major indexes closed lower on Tuesday, following a rally last week, as volatile oil markets kept soaring inflation in focus and investors reacted to hawkish comments from a Federal Reserve official.</p><p>After outperforming earlier in the session, the S&amp;P&#39;s energy sector lost ground after a report that some producers were exploring the idea of suspending Russia&#39;s participation in the OPEC+ production deal.</p><p>Federal Reserve policy was also top of mind for investors as U.S. President Joe Biden and Fed Chair Jerome Powell met on Tuesday to discuss inflation, which Biden said ahead of the meeting was his &#34;top priority.&#34;</p><p>This was after Fed Governor Christopher Waller said on Monday the U.S. central bank should be prepared to raise rates by a half percentage point at every meeting from now on until inflation is decisively curbed.</p><p>&#34;The market&#39;s trying to figure out the endgame for the Fed,&#34; said Jack Janasiewicz, portfolio manager at <a href=\"https://laohu8.com/S/NTXFY\">Natixis</a> Investment Management solutions.</p><p>And while lower commodity prices would be good news for equities in the longer term, the impact of the report about OPEC and Russia on the energy sector may have spooked the broader market a little on Tuesday.</p><p>&#34;That&#39;s the sort of thing that has the market on edge,&#34; said Janasiewicz. &#34;When we started out, the sector leading us higher was energy.&#34;</p><p>By the session&#39;s close, the biggest decliner among the S&amp;P&#39;s 11 major industry sectors was energy, down 1.6%.</p><p>The only sector gainers were consumer discretionary, up 0.8%, with Amazon.com    the S&amp;P&#39;s biggest boost from a single stock on the day, and communications services, up 0.4%, as Google was the S&amp;P&#39;s next biggest contributor.</p><p>The Dow Jones Industrial Average fell 222.84 points, or 0.67%, to 32,990.12, the S&amp;P 500 lost 26.09 points, or 0.63%, to 4,132.15 and the Nasdaq Composite dropped 49.74 points, or 0.41%, to 12,081.39.</p><p>All three indexes had rallied last week to snap a decades-long losing streak.</p><p>With Tuesday&#39;s decline, the S&amp;P and the Dow were essentially unchanged for May. The Nasdaq showed a monthly decline of 2%.</p><p>&#34;There&#39;re too many concerns at the moment for markets to do a sharp V-bottom,&#34; said Carol Schleif, deputy chief investment officer at BMO Family Office, who sees equities trading sideways for some time due to uncertainties including the Russia-Ukraine war, the global economy and inflation, as well as Fed policy.</p><p>&#34;A piece of it is energy prices because at the margin those really impact people&#39;s propensity to spend. People are really noticing the higher prices at the grocery store,&#34; she said.</p><p>Earlier in the day, data showed U.S. consumer confidence eased modestly in May amid persistently high inflation and rising rates, while a separate reading showed U.S. home price growth unexpectedly heated up to record levels in March.</p><p>Other key data due this week is the monthly non-farm payrolls numbers for cues on the labor market.</p><p>U.S.-listed shares of <a href=\"https://laohu8.com/S/AUY\">Yamana Gold Inc</a> climbed 3.7%after South African miner Gold Fields Ltd agreed to buy the Canadian miner in a $6.7 billion all-share deal.</p><p>Dexcom Inc closed up 3% after the glucose monitoring systems maker denied a report on merger talks with insulin pump maker Insulet Corp.</p><p>Declining issues outnumbered advancing ones on the NYSE by a 1.82-to-1 ratio; on Nasdaq, a 1.44-to-1 ratio favored decliners.</p><p>The S&amp;P 500 posted four new 52-week highs and 29 new lows; the Nasdaq Composite recorded 53 new highs and 58 new lows.</p><p>On U.S. exchanges 15.52 billion shares changed hands on Tuesday, compared with the 20-day moving average of 13.25 billion.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".SPX":"S&P 500 Index",".IXIC":"NASDAQ Composite",".DJI":"道琼斯"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2240375487","content_text":"Wall Street's three major indexes closed lower on Tuesday, following a rally last week, as volatile oil markets kept soaring inflation in focus and investors reacted to hawkish comments from a Federal Reserve official.After outperforming earlier in the session, the S&P's energy sector lost ground after a report that some producers were exploring the idea of suspending Russia's participation in the OPEC+ production deal.Federal Reserve policy was also top of mind for investors as U.S. President Joe Biden and Fed Chair Jerome Powell met on Tuesday to discuss inflation, which Biden said ahead of the meeting was his \"top priority.\"This was after Fed Governor Christopher Waller said on Monday the U.S. central bank should be prepared to raise rates by a half percentage point at every meeting from now on until inflation is decisively curbed.\"The market's trying to figure out the endgame for the Fed,\" said Jack Janasiewicz, portfolio manager at Natixis Investment Management solutions.And while lower commodity prices would be good news for equities in the longer term, the impact of the report about OPEC and Russia on the energy sector may have spooked the broader market a little on Tuesday.\"That's the sort of thing that has the market on edge,\" said Janasiewicz. \"When we started out, the sector leading us higher was energy.\"By the session's close, the biggest decliner among the S&P's 11 major industry sectors was energy, down 1.6%.The only sector gainers were consumer discretionary, up 0.8%, with Amazon.com    the S&P's biggest boost from a single stock on the day, and communications services, up 0.4%, as Google was the S&P's next biggest contributor.The Dow Jones Industrial Average fell 222.84 points, or 0.67%, to 32,990.12, the S&P 500 lost 26.09 points, or 0.63%, to 4,132.15 and the Nasdaq Composite dropped 49.74 points, or 0.41%, to 12,081.39.All three indexes had rallied last week to snap a decades-long losing streak.With Tuesday's decline, the S&P and the Dow were essentially unchanged for May. The Nasdaq showed a monthly decline of 2%.\"There're too many concerns at the moment for markets to do a sharp V-bottom,\" said Carol Schleif, deputy chief investment officer at BMO Family Office, who sees equities trading sideways for some time due to uncertainties including the Russia-Ukraine war, the global economy and inflation, as well as Fed policy.\"A piece of it is energy prices because at the margin those really impact people's propensity to spend. People are really noticing the higher prices at the grocery store,\" she said.Earlier in the day, data showed U.S. consumer confidence eased modestly in May amid persistently high inflation and rising rates, while a separate reading showed U.S. home price growth unexpectedly heated up to record levels in March.Other key data due this week is the monthly non-farm payrolls numbers for cues on the labor market.U.S.-listed shares of Yamana Gold Inc climbed 3.7%after South African miner Gold Fields Ltd agreed to buy the Canadian miner in a $6.7 billion all-share deal.Dexcom Inc closed up 3% after the glucose monitoring systems maker denied a report on merger talks with insulin pump maker Insulet Corp.Declining issues outnumbered advancing ones on the NYSE by a 1.82-to-1 ratio; on Nasdaq, a 1.44-to-1 ratio favored decliners.The S&P 500 posted four new 52-week highs and 29 new lows; the Nasdaq Composite recorded 53 new highs and 58 new lows.On U.S. exchanges 15.52 billion shares changed hands on Tuesday, compared with the 20-day moving average of 13.25 billion.","news_type":1,"symbols_score_info":{".SPX":0.9,".DJI":0.9,".IXIC":0.9}},"isVote":1,"tweetType":1,"viewCount":1041,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"lives":[]}