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iamkelvinlaw
iamkelvinlaw
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2021-05-27
Wowwww..
President Biden will propose a $6 trillion budget, documents obtained by The Times show.
President Joe Biden will seek $6 trillion in U.S. federal spending for the 2022 fiscal year, rising
President Biden will propose a $6 trillion budget, documents obtained by The Times show.
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iamkelvinlaw
iamkelvinlaw
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2021-05-27
.
U.S. Senate panel advances EV tax credit of up to $12,500
By David Shepardson WASHINGTON, May 26 (Reuters) - The U.S. Senate Finance Committee advanced legisl
U.S. Senate panel advances EV tax credit of up to $12,500
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iamkelvinlaw
iamkelvinlaw
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2021-05-27
Nice
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2021-05-27
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iamkelvinlaw
iamkelvinlaw
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2021-05-25
Omg
Robert Shiller: "In Real Terms, Home Prices Have Never Been So High"
"In real terms, home prices have never been so high. My data goes back over 100 years, so this is so
Robert Shiller: "In Real Terms, Home Prices Have Never Been So High"
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2021-05-25
Ygubhj
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2021-05-25
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iamkelvinlaw
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2021-05-25
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20:04</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>President Joe Biden will seek $6 trillion in U.S. federal spending for the 2022 fiscal year, rising to $8.2 trillion by 2031, the New York Times reported on Thursday, a day before the White House is expected to unveil its budget proposal.</p><p>Citing documents it had obtained, the Times said the Democratic president planned to pay for his agenda through increased taxes on corporations and high earners, and that the budget deficits would start to decrease in the 2030s.</p><p>On Friday, Biden is set to release his first full budget since taking office in January as he seeks to push his priorities of investing in infrastructure, childcare and other public works in a national rebuilding effort.</p><p>Republicans have criticized the president for seeking trillions in new spending, setting the stage for pitched battles over his priorities.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1188205901","content_text":"President Joe Biden will seek $6 trillion in U.S. federal spending for the 2022 fiscal year, rising to $8.2 trillion by 2031, the New York Times reported on Thursday, a day before the White House is expected to unveil its budget proposal.Citing documents it had obtained, the Times said the Democratic president planned to pay for his agenda through increased taxes on corporations and high earners, and that the budget deficits would start to decrease in the 2030s.On Friday, Biden is set to release his first full budget since taking office in January as he seeks to push his priorities of investing in infrastructure, childcare and other public works in a national rebuilding effort.Republicans have criticized the president for seeking trillions in new spending, setting the stage for pitched battles over his priorities.","news_type":1,"symbols_score_info":{}},"isVote":1,"tweetType":1,"viewCount":1495,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":132654356,"gmtCreate":1622087385775,"gmtModify":1704179220141,"author":{"id":"3585009140339110","authorId":"3585009140339110","name":"iamkelvinlaw","avatar":"https://static.tigerbbs.com/270b335b86a006bd6d0c58017e6ba88c","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3585009140339110","idStr":"3585009140339110"},"themes":[],"htmlText":".","listText":".","text":".","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/132654356","repostId":"2138147121","repostType":4,"repost":{"id":"2138147121","kind":"highlight","weMediaInfo":{"introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in 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the tax credits. The current maximum tax credit is $7,500 with no maximum price and currently phases out for individual automakers once they hit 200,000 total EVs sold.</p>\n<p>Both General Motors and Tesla have hit the cap and currently do not qualify for the $7,500 tax credit.</p>\n<p>The \"Clean Energy for America\" bill, which advanced on a 14-14 tie vote, would eliminate the existing EV cap, while the credit would phase-out over three years once 50% of U.S. passenger vehicle sales were EVs. It has numerous other green energy tax incentives and would rescind or cut many fossil fuel tax provisions.</p>\n<p>The EV proposal led by Senator Debbie Stabenow, a Michigan Democrat, would boost the $7,500 tax credit by $2,500 for vehicles assembled in the United States and another $2,500 for cars at facilities whose production workers are members of, or represented by, a labor union.</p>\n<p>That would mean smaller credits to automakers such as Tesla, Volkswagen and others who do not have U.S. union workers, and companies building EVs outside the United States.</p>\n<p>The EV incentives are estimated to cost $31.6 billion through 2031, according to a congressional estimate. The bill must still be approved by the full Senate and U.S. House of Representatives.</p>\n<p>The bill also includes a 30% tax credit for manufacturers to retool or build new facilities to produce advanced energy technologies including batteries and new incentives to purchase commercial electric vehicles.</p>\n<p>President Joe Biden has proposed $174 billion for electric-vehicles and charging stations, including $100 billion for consumer rebates. Last week at a Ford Motor factory in Michigan, Biden ruled out consumer incentives for high-priced electric luxury models and urged automakers not to build EVs abroad for U.S. consumers.</p>\n<p>United Auto Workers President Rory Gamble praised the legislation for ensuring \"EV production will directly create the good paying union jobs of the future President Biden has championed.\"</p>\n<p>Stabenow said a century ago as automakers were debating between electric and gasoline-powered vehicles Congress provided tax incentives for the oil industry.</p>\n<p>\"We picked a winner and they won - 100 years ago,\" Stabenow said \"And now we're just trying to level the playing field.\"</p>\n<p>Republicans said Democrats were using the tax code to devastate the oil and gas industry. They also cited reports that children are involved in some countries in the mining of minerals for EV batteries.</p>\n<p>\"This is a frontal assault on my state,\" said Republican Senator John Cornyn of Texas. \"This is an ideological jihad against the status quo... where many jobs in our country depend on the oil and gas sector.\"</p>\n<p>(Reporting by David Shepardson; Editing by Lincoln Feast.)</p>\n<p>((David.Shepardson@thomsonreuters.com; 2028988324;))</p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>U.S. Senate panel advances EV tax credit of up to $12,500</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. Senate panel advances EV tax credit of up to $12,500\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1036604489\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/443ce19704621c837795676028cec868);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Reuters </p>\n<p class=\"h-time\">2021-05-27 10:51</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>By David Shepardson</p>\n<p>WASHINGTON, May 26 (Reuters) - The U.S. Senate Finance Committee advanced legislation on Wednesday that would boost electric vehicle tax credits to as much as $12,500 for EVs that are assembled by union workers in the United States.</p>\n<p>The bill would limit tax credits to vehicles with a retail price below $80,000 to qualify for the tax credits. The current maximum tax credit is $7,500 with no maximum price and currently phases out for individual automakers once they hit 200,000 total EVs sold.</p>\n<p>Both General Motors and Tesla have hit the cap and currently do not qualify for the $7,500 tax credit.</p>\n<p>The \"Clean Energy for America\" bill, which advanced on a 14-14 tie vote, would eliminate the existing EV cap, while the credit would phase-out over three years once 50% of U.S. passenger vehicle sales were EVs. It has numerous other green energy tax incentives and would rescind or cut many fossil fuel tax provisions.</p>\n<p>The EV proposal led by Senator Debbie Stabenow, a Michigan Democrat, would boost the $7,500 tax credit by $2,500 for vehicles assembled in the United States and another $2,500 for cars at facilities whose production workers are members of, or represented by, a labor union.</p>\n<p>That would mean smaller credits to automakers such as Tesla, Volkswagen and others who do not have U.S. union workers, and companies building EVs outside the United States.</p>\n<p>The EV incentives are estimated to cost $31.6 billion through 2031, according to a congressional estimate. The bill must still be approved by the full Senate and U.S. House of Representatives.</p>\n<p>The bill also includes a 30% tax credit for manufacturers to retool or build new facilities to produce advanced energy technologies including batteries and new incentives to purchase commercial electric vehicles.</p>\n<p>President Joe Biden has proposed $174 billion for electric-vehicles and charging stations, including $100 billion for consumer rebates. Last week at a Ford Motor factory in Michigan, Biden ruled out consumer incentives for high-priced electric luxury models and urged automakers not to build EVs abroad for U.S. consumers.</p>\n<p>United Auto Workers President Rory Gamble praised the legislation for ensuring \"EV production will directly create the good paying union jobs of the future President Biden has championed.\"</p>\n<p>Stabenow said a century ago as automakers were debating between electric and gasoline-powered vehicles Congress provided tax incentives for the oil industry.</p>\n<p>\"We picked a winner and they won - 100 years ago,\" Stabenow said \"And now we're just trying to level the playing field.\"</p>\n<p>Republicans said Democrats were using the tax code to devastate the oil and gas industry. They also cited reports that children are involved in some countries in the mining of minerals for EV batteries.</p>\n<p>\"This is a frontal assault on my state,\" said Republican Senator John Cornyn of Texas. \"This is an ideological jihad against the status quo... where many jobs in our country depend on the oil and gas sector.\"</p>\n<p>(Reporting by David Shepardson; Editing by Lincoln Feast.)</p>\n<p>((David.Shepardson@thomsonreuters.com; 2028988324;))</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"F":"福特汽车","GM":"通用汽车","TSLA":"特斯拉"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2138147121","content_text":"By David Shepardson\nWASHINGTON, May 26 (Reuters) - The U.S. Senate Finance Committee advanced legislation on Wednesday that would boost electric vehicle tax credits to as much as $12,500 for EVs that are assembled by union workers in the United States.\nThe bill would limit tax credits to vehicles with a retail price below $80,000 to qualify for the tax credits. The current maximum tax credit is $7,500 with no maximum price and currently phases out for individual automakers once they hit 200,000 total EVs sold.\nBoth General Motors and Tesla have hit the cap and currently do not qualify for the $7,500 tax credit.\nThe \"Clean Energy for America\" bill, which advanced on a 14-14 tie vote, would eliminate the existing EV cap, while the credit would phase-out over three years once 50% of U.S. passenger vehicle sales were EVs. It has numerous other green energy tax incentives and would rescind or cut many fossil fuel tax provisions.\nThe EV proposal led by Senator Debbie Stabenow, a Michigan Democrat, would boost the $7,500 tax credit by $2,500 for vehicles assembled in the United States and another $2,500 for cars at facilities whose production workers are members of, or represented by, a labor union.\nThat would mean smaller credits to automakers such as Tesla, Volkswagen and others who do not have U.S. union workers, and companies building EVs outside the United States.\nThe EV incentives are estimated to cost $31.6 billion through 2031, according to a congressional estimate. The bill must still be approved by the full Senate and U.S. House of Representatives.\nThe bill also includes a 30% tax credit for manufacturers to retool or build new facilities to produce advanced energy technologies including batteries and new incentives to purchase commercial electric vehicles.\nPresident Joe Biden has proposed $174 billion for electric-vehicles and charging stations, including $100 billion for consumer rebates. Last week at a Ford Motor factory in Michigan, Biden ruled out consumer incentives for high-priced electric luxury models and urged automakers not to build EVs abroad for U.S. consumers.\nUnited Auto Workers President Rory Gamble praised the legislation for ensuring \"EV production will directly create the good paying union jobs of the future President Biden has championed.\"\nStabenow said a century ago as automakers were debating between electric and gasoline-powered vehicles Congress provided tax incentives for the oil industry.\n\"We picked a winner and they won - 100 years ago,\" Stabenow said \"And now we're just trying to level the playing field.\"\nRepublicans said Democrats were using the tax code to devastate the oil and gas industry. They also cited reports that children are involved in some countries in the mining of minerals for EV batteries.\n\"This is a frontal assault on my state,\" said Republican Senator John Cornyn of Texas. \"This is an ideological jihad against the status quo... where many jobs in our country depend on the oil and gas sector.\"\n(Reporting by David Shepardson; Editing by Lincoln Feast.)\n((David.Shepardson@thomsonreuters.com; 2028988324;))","news_type":1,"symbols_score_info":{"F":0.9,"TSLA":0.9,"GM":0.9}},"isVote":1,"tweetType":1,"viewCount":1218,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":132652753,"gmtCreate":1622087318572,"gmtModify":1704179218194,"author":{"id":"3585009140339110","authorId":"3585009140339110","name":"iamkelvinlaw","avatar":"https://static.tigerbbs.com/270b335b86a006bd6d0c58017e6ba88c","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3585009140339110","idStr":"3585009140339110"},"themes":[],"htmlText":"Nice","listText":"Nice","text":"Nice","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/132652753","repostId":"1146459355","repostType":4,"isVote":1,"tweetType":1,"viewCount":1060,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":132652549,"gmtCreate":1622087298981,"gmtModify":1704179218032,"author":{"id":"3585009140339110","authorId":"3585009140339110","name":"iamkelvinlaw","avatar":"https://static.tigerbbs.com/270b335b86a006bd6d0c58017e6ba88c","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3585009140339110","idStr":"3585009140339110"},"themes":[],"htmlText":"...","listText":"...","text":"...","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/132652549","repostId":"1146459355","repostType":4,"isVote":1,"tweetType":1,"viewCount":1001,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":138836013,"gmtCreate":1621924429132,"gmtModify":1704364532397,"author":{"id":"3585009140339110","authorId":"3585009140339110","name":"iamkelvinlaw","avatar":"https://static.tigerbbs.com/270b335b86a006bd6d0c58017e6ba88c","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3585009140339110","idStr":"3585009140339110"},"themes":[],"htmlText":"Omg","listText":"Omg","text":"Omg","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/138836013","repostId":"1175412440","repostType":4,"repost":{"id":"1175412440","kind":"news","pubTimestamp":1621923415,"share":"https://ttm.financial/m/news/1175412440?lang=&edition=fundamental","pubTime":"2021-05-25 14:16","market":"us","language":"en","title":"Robert Shiller: \"In Real Terms, Home Prices Have Never Been So High\"","url":"https://stock-news.laohu8.com/highlight/detail?id=1175412440","media":"zerohedge","summary":"\"In real terms, home prices have never been so high. My data goes back over 100 years, so this is so","content":"<p>\"In real terms, home prices have never been so high. My data goes back over 100 years, so this is something,\" Nobel prize-winning economist Robert Shiller toldCNBC's \"Trading Nation.\"</p>\n<p>Shiller is the co-founder of the S&P CoreLogic Case-Shiller home price index. He is worried about a housing bubble forming where the \"Wild West\" mentality pushes prices higher. He also is concerned about stocks and cryptocurrencies.</p>\n<p>\"I don't think that the whole thing is explained by central bank policy. There is something about the sociology of markets that are happening,\" he said.</p>\n<p>Shiller has noticed that housing starts drive home prices. But last week, despite a shortage of homes and buildable property, home builders are easing production, paralyzed by surging commodity prices.</p>\n<p>In April, single-family housing starts plunged 13% compared with March. This was thesharpest downwardmove since last April when the pandemic began. Despite Shiller's euphoric housing bubble warning, the latest data shows an emerging pattern in housing starts that is quite ominous from the past.</p>\n<p><img src=\"https://static.tigerbbs.com/93d67a6bf8f65d5a702e3695828be059\" tg-width=\"500\" tg-height=\"281\">However, Shiller points out there's \"a lot of upward momentum in housing markets and prices may not come down in a year.\" He believes the current housing market environment is similar to 2003, five years before the housing market crash in 2008.</p>\n<p>\"If you go out three or five years, I could imagine they'd [prices] be substantially lower than they are now, and maybe that's a good thing,\" he added. \"Not from the standpoint of a homeowner, but it's from the standpoint of a prospective homeowner. It's a good thing. If we have more houses, we're better off.\"</p>\n<p>Meanwhile, on an intermediate basis, Glenn Kelman, CEO at Redfin, told Bloomberg last week thathousing prices are set to cool. He said the housing market is in a frenzy, with most houses selling above the asking prices, which has never happened before.</p>\n<p>After record gains in the first quarter, some home prices may stall.</p>\n<p>According to the National Association of Realtors, nationwide, the median existing-home sales price rose 16.2% in the first quarter to $319,200, a record high in data going back to 1989.</p>\n<p>According to the Case-Shiller Home Price Index, we recently reported that home sales prices in the country's hottest markets had risen by their highest level since 2006. The index showed home prices in 20 major cities are up a shocking 11.10% year-over-year.</p>\n<p><img src=\"https://static.tigerbbs.com/11a3971e095dbf2eb81e0db08c3d21dd\" tg-width=\"500\" tg-height=\"289\">But outside the major metro markets,demand was even more robust, translating into the most significant YoY increase in median sales since 2006.</p>\n<p><img src=\"https://static.tigerbbs.com/433121e4c3f841a1c956c3cdcb75ef50\" tg-width=\"500\" tg-height=\"288\">Kelman warned: \"I think you're going to see a little bit of air come out of the ballon,\" referring to the housing market bubble the Federal Reserve engineered by sending mortgage rates to record lows at the start of the virus pandemic in 2020.</p>\n<p>Shiller's and Kelman's warning comes as home-buying sentiment has collapsed to its weakest since 1983...</p>\n<p><img src=\"https://static.tigerbbs.com/7946a5a3b070a2eb2748b1e8990bd64c\" tg-width=\"500\" tg-height=\"261\"></p>\n<p>Between Shiller and Kelman, both believe housing prices are in a frenzy. However, Kelman's view is that housing prices will cool on an intermediate timeframe, and Shiller is on a multi-year view. The broad consensus is that today's environment is not sustainable. But as we all know, the Fed can sometimes maintain bubbles for quite sometime.</p>\n<p>... and who may deflate today's housing bubble?</p>\n<p><i>Well, the Fed, of course, who has been hinting abouttaperingof bond purchases.</i></p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Robert Shiller: \"In Real Terms, Home Prices Have Never Been So High\"</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\">\nRobert Shiller: \"In Real Terms, Home Prices Have Never Been So High\"\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-05-25 14:16 GMT+8 <a href=https://www.zerohedge.com/markets/robert-shiller-real-terms-home-prices-have-never-been-so-high><strong>zerohedge</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>\"In real terms, home prices have never been so high. My data goes back over 100 years, so this is something,\" Nobel prize-winning economist Robert Shiller toldCNBC's \"Trading Nation.\"\nShiller is the ...</p>\n\n<a href=\"https://www.zerohedge.com/markets/robert-shiller-real-terms-home-prices-have-never-been-so-high\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".IXIC":"NASDAQ Composite","SPY":"标普500ETF",".DJI":"道琼斯",".SPX":"S&P 500 Index"},"source_url":"https://www.zerohedge.com/markets/robert-shiller-real-terms-home-prices-have-never-been-so-high","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1175412440","content_text":"\"In real terms, home prices have never been so high. My data goes back over 100 years, so this is something,\" Nobel prize-winning economist Robert Shiller toldCNBC's \"Trading Nation.\"\nShiller is the co-founder of the S&P CoreLogic Case-Shiller home price index. He is worried about a housing bubble forming where the \"Wild West\" mentality pushes prices higher. He also is concerned about stocks and cryptocurrencies.\n\"I don't think that the whole thing is explained by central bank policy. There is something about the sociology of markets that are happening,\" he said.\nShiller has noticed that housing starts drive home prices. But last week, despite a shortage of homes and buildable property, home builders are easing production, paralyzed by surging commodity prices.\nIn April, single-family housing starts plunged 13% compared with March. This was thesharpest downwardmove since last April when the pandemic began. Despite Shiller's euphoric housing bubble warning, the latest data shows an emerging pattern in housing starts that is quite ominous from the past.\nHowever, Shiller points out there's \"a lot of upward momentum in housing markets and prices may not come down in a year.\" He believes the current housing market environment is similar to 2003, five years before the housing market crash in 2008.\n\"If you go out three or five years, I could imagine they'd [prices] be substantially lower than they are now, and maybe that's a good thing,\" he added. \"Not from the standpoint of a homeowner, but it's from the standpoint of a prospective homeowner. It's a good thing. If we have more houses, we're better off.\"\nMeanwhile, on an intermediate basis, Glenn Kelman, CEO at Redfin, told Bloomberg last week thathousing prices are set to cool. He said the housing market is in a frenzy, with most houses selling above the asking prices, which has never happened before.\nAfter record gains in the first quarter, some home prices may stall.\nAccording to the National Association of Realtors, nationwide, the median existing-home sales price rose 16.2% in the first quarter to $319,200, a record high in data going back to 1989.\nAccording to the Case-Shiller Home Price Index, we recently reported that home sales prices in the country's hottest markets had risen by their highest level since 2006. The index showed home prices in 20 major cities are up a shocking 11.10% year-over-year.\nBut outside the major metro markets,demand was even more robust, translating into the most significant YoY increase in median sales since 2006.\nKelman warned: \"I think you're going to see a little bit of air come out of the ballon,\" referring to the housing market bubble the Federal Reserve engineered by sending mortgage rates to record lows at the start of the virus pandemic in 2020.\nShiller's and Kelman's warning comes as home-buying sentiment has collapsed to its weakest since 1983...\n\nBetween Shiller and Kelman, both believe housing prices are in a frenzy. However, Kelman's view is that housing prices will cool on an intermediate timeframe, and Shiller is on a multi-year view. The broad consensus is that today's environment is not sustainable. But as we all know, the Fed can sometimes maintain bubbles for quite sometime.\n... and who may deflate today's housing bubble?\nWell, the Fed, of course, who has been hinting abouttaperingof bond purchases.","news_type":1,"symbols_score_info":{".IXIC":0.9,".DJI":0.9,"SPY":0.9,".SPX":0.9}},"isVote":1,"tweetType":1,"viewCount":1377,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":138142988,"gmtCreate":1621920705544,"gmtModify":1704364478172,"author":{"id":"3585009140339110","authorId":"3585009140339110","name":"iamkelvinlaw","avatar":"https://static.tigerbbs.com/270b335b86a006bd6d0c58017e6ba88c","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3585009140339110","idStr":"3585009140339110"},"themes":[],"htmlText":"Ygubhj","listText":"Ygubhj","text":"Ygubhj","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/138142988","repostId":"2138816831","repostType":4,"isVote":1,"tweetType":1,"viewCount":1411,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":138146424,"gmtCreate":1621920678468,"gmtModify":1704364477356,"author":{"id":"3585009140339110","authorId":"3585009140339110","name":"iamkelvinlaw","avatar":"https://static.tigerbbs.com/270b335b86a006bd6d0c58017e6ba88c","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3585009140339110","idStr":"3585009140339110"},"themes":[],"htmlText":".......","listText":".......","text":".......","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/138146424","repostId":"2137132568","repostType":4,"isVote":1,"tweetType":1,"viewCount":1353,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":138148447,"gmtCreate":1621920605289,"gmtModify":1704364476373,"author":{"id":"3585009140339110","authorId":"3585009140339110","name":"iamkelvinlaw","avatar":"https://static.tigerbbs.com/270b335b86a006bd6d0c58017e6ba88c","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3585009140339110","idStr":"3585009140339110"},"themes":[],"htmlText":"Nice","listText":"Nice","text":"Nice","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/138148447","repostId":"1103175670","repostType":4,"isVote":1,"tweetType":1,"viewCount":1134,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"defaultTab":"followers","isTTM":true}