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2023-01-23

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After half a year, "Sister Wood" sold JD.com again

2022-11-09

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Volatility is close to the highest since the financial crisis! Will U.S. debt collapse like British debt?

2022-10-18

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2022-09-07

$Drone Delivery CDA Corp(TAKOF)$

2022-09-05

$阿斯麦(ASML)$watch recently bottom， there is a chance to get in

2022-08-28

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Eagle! Understand the key points of Powell's speech at Jackson Hole in one article

2022-08-12

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2022-07-29

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2021-06-08

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[Change] Retail investors' group stocks soared, and GameStop rose by more than 20%

2021-03-20

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2021-03-03

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2021-02-22

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When Chinese concept stocks rebounded strongly, the funds owned by \"Sister Wood\" Cathie Wood once again reduced their holdings<a href=\"https://laohu8.com/S/JD\">JD.com</a>For the first time since July last year.</p><p>According to ARK's trading data compiled by the media, the ARK Fintech Innovation ETF (<a href=\"https://laohu8.com/S/ARKF\">ARK Fintech Innovation ETF</a>) sold 6,645 American depositary receipts (ADRs) of JD.com on Thursday.</p><p>At the closing price of the day, that's equivalent to $390,000 worth of shares. After the sell-off, ARK still holds 150,318 JD ARDs.</p><p>ARK Fund previously sold JD.com continuously from September 2021 to July 2022, and automatically removed JD.com from ARK &<a href=\"https://laohu8.com/S/300024\">Robot</a>Technology ETF (ARK Autonomous Technology & Robotics ETF).</p><p>During the decline of Chinese concept stocks last year, JD.com's U.S. stock price fell by nearly 70% from the deepest high, and has now rebounded by more than 60% since the low point in October last year.</p><p><img src=\"https://static.tigerbbs.com/c72bbbb216a42265184a5a14ec456da0\" tg-width=\"711\" tg-height=\"432\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"/></p><p>After the ARK flagship fund, which has a heavy position in technology stocks, plummeted 67% last year, its performance has also picked up this year, rising 11% year-to-date. The fund is currently increasing its positions including<a href=\"https://laohu8.com/S/TSLA\">Tesla</a>And growth stocks including Coinbase.</p><p></body></html></p>","source":"tencent","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>After half a year, \"Sister Wood\" sold JD.com again</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 12.5px; color: #7E829C; margin: 0;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nAfter half a year, \"Sister Wood\" sold JD.com again\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">华尔街见闻</strong><span class=\"h-time small\">2023-01-21 10:38</span>\n</p>\n</h4>\n</header>\n<article>\n<p><html><head></head><body>The ARK Fintech Innovation ETF sold 6,645 American depositary receipts of JD.com on Thursday, equivalent to $390,000 worth of shares based on the day's closing price. When Chinese concept stocks rebounded strongly, the funds owned by \"Sister Wood\" Cathie Wood once again reduced their holdings<a href=\"https://laohu8.com/S/JD\">JD.com</a>For the first time since July last year.</p><p>According to ARK's trading data compiled by the media, the ARK Fintech Innovation ETF (<a href=\"https://laohu8.com/S/ARKF\">ARK Fintech Innovation ETF</a>) sold 6,645 American depositary receipts (ADRs) of JD.com on Thursday.</p><p>At the closing price of the day, that's equivalent to $390,000 worth of shares. After the sell-off, ARK still holds 150,318 JD ARDs.</p><p>ARK Fund previously sold JD.com continuously from September 2021 to July 2022, and automatically removed JD.com from ARK &<a href=\"https://laohu8.com/S/300024\">Robot</a>Technology ETF (ARK Autonomous Technology & Robotics ETF).</p><p>During the decline of Chinese concept stocks last year, JD.com's U.S. stock price fell by nearly 70% from the deepest high, and has now rebounded by more than 60% since the low point in October last year.</p><p><img src=\"https://static.tigerbbs.com/c72bbbb216a42265184a5a14ec456da0\" tg-width=\"711\" tg-height=\"432\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"/></p><p>After the ARK flagship fund, which has a heavy position in technology stocks, plummeted 67% last year, its performance has also picked up this year, rising 11% year-to-date. The fund is currently increasing its positions including<a href=\"https://laohu8.com/S/TSLA\">Tesla</a>And growth stocks including Coinbase.</p><p></body></html></p>\n<div class=\"bt-text\">\n\n\n<p> source：<a href=\"http://gu.qq.com/resources/shy/news/detail-v2/index.html#/?id=nesSN2023012110403684072f22&s=b\">华尔街见闻</a></p>\n\n\n</div>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://static.tigerbbs.com/0fb0479ff67cd3a760cdce353bcb60ed","relate_stocks":{"LU0672654166.SGD":"FTIF - Templeton Asian Growth A (acc) SGD-H1","LU0868486357.SGD":"JPMorgan Funds - Emerging Markets Opportunities A (acc) SGD-H","LU0348735423.USD":"ALLIANZ HONG KONG EQUITY \"A\" (USD) INC","LU0228659784.USD":"施罗德金砖四国基金","BK1142":"互联网与直销零售","LU1366334651.USD":"ALLSPRING EMERGING MARKETS EQUITY INCOME \"I\" (USD) INC","LU0359202008.SGD":"Blackrock China Fund A2 SGD-H","LU0370786039.SGD":"Fidelity Greater China A-SGD","LU0051755006.USD":"摩根大通中国A (dist)","SG9999002828.SGD":"Eastspring Investments Unit Trusts - Dragon Peacock A SGD","LU0594300419.USD":"富达中国消费基金A","LU1044876610.USD":"THREADNEEDLE (LUX) ASIAN CONTRARIAN EQUITY \"ZU\" (USD) ACC","LU1023057109.AUD":"BGF CHINA \"A2\" (AUDHDG) ACC","LU0543330483.HKD":"TEMPLETON ASIAN GROWTH \"A\" (HKD) ACC","LU0650527681.SGD":"Fidelity China Consumer A-SGD","LU0572944931.SGD":"Janus Henderson Horizon China Opportunities A2 SGD","LU0348805143.USD":"ALLIANZ ENHANCED ALL CHINA EQUITY \"A\" (USD) INC","LU1366334578.USD":"ALLSPRING EMERGING MARKETS EQUITY INCOME \"A\" (USD) INC","LU0456827905.SGD":"JPMorgan Funds - China A (acc) SGD","LU1642822792.SGD":"THREADNEEDLE (LUX) ASIAN CONTRARIAN EQUITY \"A\" (SGD) ACC","LU0417516902.SGD":"Allianz China Equity Cl AT Acc SGD","BK1575":"同股不同权","LU2257852520.SGD":"JPMorgan Funds - Asia Growth A (acc) SGD","LU0320764755.SGD":"FTIF - Templeton Asian Growth A Acc SGD","LU0128522157.USD":"TEMPLETON ASIAN GROWTH \"A\" ACC","LU1044874839.SGD":"THREADNEEDLE (LUX) ASIAN CONTRARIAN EQUITY \"AGH\" (SGDHDG) ACC","LU0791590937.USD":"ALLSPRING  EMERGING MARKTES EQUITY INCOME \"A\" (USD)","LU0791591158.USD":"ALLSPRING  EMERGING MARKTES EQUITY INCOME \"I\" (USD) ACC","LU0052750758.USD":"富兰克林中国基金A Acc","LU0320764599.SGD":"FTIF - Templeton China A Acc SGD","LU1794554557.SGD":"Allianz All China Equity AT Acc H2-SGD","LU0084288322.USD":"Natixis Asia Equity RD USD","LU0384037296.USD":"ALLIANZ ASIAN MULTI INCOME PLUS \"AT\" (USD) ACC","LU1282649067.USD":"ALLIANZ ASIAN MULTI INCOME PLUS \"AMG\" (USD) INC A","LU0708995583.HKD":"TEMPLETON CHINA \"A\" (HKD) ACC","LU2242644610.SGD":"Fidelity China Innovation A-ACC-SGD","LU1282649810.SGD":"Allianz Asian Multi Income Plus Cl AMg DIS H2-SGD","LU0488056044.USD":"Allianz Asian Multi Income Plus Cl AM DIS USD","BK1591":"就地过年概念","LU0327786744.USD":"Janus Henderson Horizon China Opportunities A2 USD","LU0039217434.USD":"HSBC GIF CHINESE EQUITY \"AD\" INC","LU0211977185.USD":"EASTSPRING INVESTMENTS GREATER CHINA EQUITY \"A\" ACC","SG9999001226.SGD":"UNITED SUSTAINABLE ASIA TOP 50 \"A\" (SGD) ACC","09618":"京东集团-SW","BK1502":"双十一","LU0029875118.USD":"TEMPLETON ASIAN GROWTH \"A\" INC","LU0048580855.USD":"富达大中华区A","LU0307460666.USD":"EASTSPRING INVESTMENTS CHINA EQUITY \"A\" ACC","JD":"京东","LU0588546209.SGD":"Eastspring Investments - China Equity Fund AS SGD","LU0417516738.SGD":"Allianz Hong Kong Equity AT Acc SGD"},"source_url":"http://gu.qq.com/resources/shy/news/detail-v2/index.html#/?id=nesSN2023012110403684072f22&s=b","is_english":false,"share_image_url":"https://static.laohu8.com/9a95c1376e76363c1401fee7d3717173","article_id":"2305998624","content_text":"ARK金融科技创新ETF周四抛售了6645份京东的美国存托凭证，以当日收盘价计算，相当于价值39万美元的股份。中概股强势反弹之际，“木头姐”Cathie Wood旗下基金再度减持京东，为去年七月以来首次。根据媒体汇编ARK的交易数据，ARK金融科技创新ETF（ARK Fintech Innovation ETF）周四抛售了6645份京东的美国存托凭证（ADR）。以当日收盘价计算，相当于价值39万美元的股份。抛售之后，ARK仍持有150318份京东ARD。ARK基金此前在2021年9月至2022年7月期间连续抛售京东，并将京东从ARK自动&机器人技术ETF (ARK Autonomous Technology & Robotics ETF)中剔除。在去年中概股下跌潮中，京东美股股价自高位最深回落近70%，目前自去年10月的低点以来已反弹超60%。重仓科技股的ARK旗舰基金去年暴跌67%后，今年业绩也有所回暖，年初至今上涨了11%。目前该基金正在加仓包括特斯拉和Coinbase在内的成长型股票。","news_type":1,"symbols_score_info":{"JD":0.9,"09618":0.9}},"isVote":1,"tweetType":1,"viewCount":2608,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9987241573,"gmtCreate":1667943447492,"gmtModify":1676537986247,"author":{"id":"3575790689237418","authorId":"3575790689237418","name":"熊也赚钱","avatar":"https://static.tigerbbs.com/c8904569094dabce050ca2c86654aba6","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3575790689237418","authorIdStr":"3575790689237418"},"themes":[],"htmlText":"Good","listText":"Good","text":"Good","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9987241573","repostId":"2281033994","repostType":4,"repost":{"id":"2281033994","kind":"highlight","pubTimestamp":1667920249,"share":"https://ttm.financial/m/news/2281033994?lang=en_US&edition=fundamental","pubTime":"2022-11-08 23:10","market":"us","language":"zh","title":"Volatility is close to the highest since the financial crisis! Will U.S. debt collapse like British debt?","url":"https://stock-news.laohu8.com/highlight/detail?id=2281033994","media":"智通财经网","summary":"市场观察人士表示，数千亿美元的波动驱动型产品加剧了市场波动。","content":"<p><html><head></head><body>Over the past decade, as extremely low interest rates have depressed returns on fixed-income assets, Wall Street's top quantitative investment teams have provided investors who want higher yields with a range of sophisticated products, allowing investors to earn additional returns in a sluggish market.</p><p>Now, in the worst bond crash in at least five decades, various institutions are scrambling to hedge their positions, buying a lot of derivatives that benefit from rising volatility in order to reduce losses.</p><p>But in reality, in the process, they are just adding fuel to the fire. At present, an indicator of interest rate volatility is close to the highest level since the global financial crisis, exceeding the violent fluctuations of stock and foreign exchange markets. At the very least, this increases risk for bond traders, increasing their chances of making quick profits or losses in the market. The Fed's most aggressive rate hike in a year has hit the bond market hard.</p><p>This has triggered concerns among some market participants that structural positions in the $24 trillion US Treasury Bond market may trigger unforeseen consequences, just as debt-driven investment strategies (LDI) exacerbated the UK Treasury Bond sell-off last month.</p><p>Michael Pintar, head of U.S. capital flow strategy and solutions at Societe Generale, said: \"Many bonds previously issued in a low interest rate and low volatility environment still exist, and institutions need to hedge. This forms a feedback loop.\"</p><p><img src=\"https://static.tigerbbs.com/4a2d8213bf2669dfeff756b73d00e220\" tg-width=\"670\" tg-height=\"376\" referrerpolicy=\"no-referrer\"/></p><p>This makes it seem that the market can generate huge volatility this year without additional factors.</p><p>Soaring U.S. Treasury Bond yields have prompted investors to reduce bond risk by buying derivatives that profit from rising interest rates, including short-term interest rate swaps. This, in turn, has fueled traders desperately looking for long-term volatility bets to hedge their exposure, according to Danny Dayan, chief investment officer at macro hedge fund Dwd Partners.</p><p>As a result, the market's unilateral bets have driven the MOVE index, which measures the volatility of U.S. Treasury Bond, to rise sharply this year. The index topped 160 last month, near its highest point since the financial crisis, as the 10-year Treasury Bond yield surged to 4.3%.</p><p><b>Structural problems caused by low-volatility bets</b></p><p>Market watchers say hundreds of billions of dollars of volatility-driven products are adding to market volatility.</p><p>Simply put, these products are indirect bets on the rise and fall of bond yields. Over the past decade, return-hungry investors have rushed to buy these products, betting that the market will be in low volatility.</p><p>These bets are considered a steady profit until the overall environment changes. Investors are taking huge losses as bond yields soar. At the same time, for banks, they should have taken their own risks, so they can get out of these unilateral bets no matter what the market moves, but the volatility of U.S. Treasury Bond is more violent than they expected.</p><p>In fact, soaring interest rates are forcing many traders to adjust their positions in response to greater volatility, and other institutions in the market are doing the same.</p><p>LongTail Alpha LLC Founder,<a href=\"https://laohu8.com/S/601099\">Pacific Ocean</a>Vineer Bhansali, former head of portfolio management analytics at the investment management firm, said: \"When you get past the inflection point, traders have to buy volatility. A lot has happened this year, which leads me to believe that we are on the edge of a free fall-these structures are just one factor.\"</p><p>Many of these volatility-driven products-with incredibly obscure names such as corridor notes, fairway bonds, and range-bearing options-depend on interest rates maintained within preset trading ranges.</p><p>Part of the range-bearing options-with an estimated $40 billion in circulation-have to do not only with yields remaining low, but also with the shape of the US Treasury Bond curve. Typically, the U.S. Treasury Bond yield curve slopes upward.</p><p>As long as this situation persists, the holder of the product will collect coupon interest payments. On the other hand, to hedge against risk, traders sell options that can likewise benefit from a positive term structure.</p><p>And when the yield curve first inverted earlier this year, many traders no longer had to pay interest on bonds. But as the yield premium of short-term bonds relative to longer-dated bonds continues to climb, the options they sell become problematic, breaking critical thresholds that make buyers increasingly profitable.</p><p>Essentially, they lose more on hedging than they gain on long-term volatility exposure. So, to protect themselves, traders started buying more volatile products, said Societe Generale's Pintar.</p><p>Other analysts pointed out that changes in debt supply dynamics have also exacerbated interest rate volatility.</p><p><a href=\"https://laohu8.com/S/BCS\">Barclays Bank</a>Interest rate strategist Amrut Nashikkar said: \"Supply has dried up. At the same time, demand for volatility has risen because going long volatility has been a good trade over the past few years and there is uncertainty about the Fed's actions.\"</p><p><img src=\"https://static.tigerbbs.com/894f289ce79eab3a05c81b4e392e0207\" tg-width=\"678\" tg-height=\"472\" referrerpolicy=\"no-referrer\"/></p><p>For some, fears that more pain could be on the horizon are mounting as Fed rate hike and traders are increasingly forced to hedge positions and investors continue to buy volatility. Just last week, swap traders raised their expectations for the Federal Reserve to raise interest rates to 5.25%, a level that would have been almost unthinkable a few months ago.</p><p>Recently, Britain's pension schemes have also been caught off guard: derivatives that had profited from falling government bond yields have backfired due to soaring interest rates. A forced sell-off in the UK's Treasury Bond was fueled by margin calls, which further pushed yields higher, which in turn increased the collateral pension schemes need to pay. Only the intervention of the Bank of England stopped the plunge.</p><p>While LongTail Alpha's Bhansali doesn't see structural risk of the same order of magnitude in the U.S. Treasury Bond, he sees potential problems.</p><p>Bhansali said: \"The curve is so inverted that the MOVE index is almost at an all-time high, which is basically perfectly prepared for a VIX-like crash in the interest rate market (Bhansali refers to the unexpected surge in the VIX, a measure of U.S. stock market volatility, in 2018).\"</p><p>While some analysts aren't as pessimistic, most agree that higher interest rate volatility will persist.</p><p><a href=\"https://laohu8.com/S/MTU\">Mitsubishi UFJ Financial</a>George Goncalves, head of US macro strategy at the group, said: \"Volatility is fundamentally a factor in where we are headed<a href=\"https://laohu8.com/S/600628\">New World</a>Re-pricing, which is an environment of higher interest rates and more inflation uncertainty. The volatility hedging conducted by traders is adding fuel to the high volatility environment we are currently in. \"</p><p></body></html></p>","source":"highlight_zhitongcaijin","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>Volatility is close to the highest since the financial crisis! Will U.S. debt collapse like British debt?</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 12.5px; color: #7E829C; margin: 0;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nVolatility is close to the highest since the financial crisis! Will U.S. debt collapse like British debt?\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">智通财经网</strong><span class=\"h-time small\">2022-11-08 23:10</span>\n</p>\n</h4>\n</header>\n<article>\n<p><html><head></head><body>Over the past decade, as extremely low interest rates have depressed returns on fixed-income assets, Wall Street's top quantitative investment teams have provided investors who want higher yields with a range of sophisticated products, allowing investors to earn additional returns in a sluggish market.</p><p>Now, in the worst bond crash in at least five decades, various institutions are scrambling to hedge their positions, buying a lot of derivatives that benefit from rising volatility in order to reduce losses.</p><p>But in reality, in the process, they are just adding fuel to the fire. At present, an indicator of interest rate volatility is close to the highest level since the global financial crisis, exceeding the violent fluctuations of stock and foreign exchange markets. At the very least, this increases risk for bond traders, increasing their chances of making quick profits or losses in the market. The Fed's most aggressive rate hike in a year has hit the bond market hard.</p><p>This has triggered concerns among some market participants that structural positions in the $24 trillion US Treasury Bond market may trigger unforeseen consequences, just as debt-driven investment strategies (LDI) exacerbated the UK Treasury Bond sell-off last month.</p><p>Michael Pintar, head of U.S. capital flow strategy and solutions at Societe Generale, said: \"Many bonds previously issued in a low interest rate and low volatility environment still exist, and institutions need to hedge. This forms a feedback loop.\"</p><p><img src=\"https://static.tigerbbs.com/4a2d8213bf2669dfeff756b73d00e220\" tg-width=\"670\" tg-height=\"376\" referrerpolicy=\"no-referrer\"/></p><p>This makes it seem that the market can generate huge volatility this year without additional factors.</p><p>Soaring U.S. Treasury Bond yields have prompted investors to reduce bond risk by buying derivatives that profit from rising interest rates, including short-term interest rate swaps. This, in turn, has fueled traders desperately looking for long-term volatility bets to hedge their exposure, according to Danny Dayan, chief investment officer at macro hedge fund Dwd Partners.</p><p>As a result, the market's unilateral bets have driven the MOVE index, which measures the volatility of U.S. Treasury Bond, to rise sharply this year. The index topped 160 last month, near its highest point since the financial crisis, as the 10-year Treasury Bond yield surged to 4.3%.</p><p><b>Structural problems caused by low-volatility bets</b></p><p>Market watchers say hundreds of billions of dollars of volatility-driven products are adding to market volatility.</p><p>Simply put, these products are indirect bets on the rise and fall of bond yields. Over the past decade, return-hungry investors have rushed to buy these products, betting that the market will be in low volatility.</p><p>These bets are considered a steady profit until the overall environment changes. Investors are taking huge losses as bond yields soar. At the same time, for banks, they should have taken their own risks, so they can get out of these unilateral bets no matter what the market moves, but the volatility of U.S. Treasury Bond is more violent than they expected.</p><p>In fact, soaring interest rates are forcing many traders to adjust their positions in response to greater volatility, and other institutions in the market are doing the same.</p><p>LongTail Alpha LLC Founder,<a href=\"https://laohu8.com/S/601099\">Pacific Ocean</a>Vineer Bhansali, former head of portfolio management analytics at the investment management firm, said: \"When you get past the inflection point, traders have to buy volatility. A lot has happened this year, which leads me to believe that we are on the edge of a free fall-these structures are just one factor.\"</p><p>Many of these volatility-driven products-with incredibly obscure names such as corridor notes, fairway bonds, and range-bearing options-depend on interest rates maintained within preset trading ranges.</p><p>Part of the range-bearing options-with an estimated $40 billion in circulation-have to do not only with yields remaining low, but also with the shape of the US Treasury Bond curve. Typically, the U.S. Treasury Bond yield curve slopes upward.</p><p>As long as this situation persists, the holder of the product will collect coupon interest payments. On the other hand, to hedge against risk, traders sell options that can likewise benefit from a positive term structure.</p><p>And when the yield curve first inverted earlier this year, many traders no longer had to pay interest on bonds. But as the yield premium of short-term bonds relative to longer-dated bonds continues to climb, the options they sell become problematic, breaking critical thresholds that make buyers increasingly profitable.</p><p>Essentially, they lose more on hedging than they gain on long-term volatility exposure. So, to protect themselves, traders started buying more volatile products, said Societe Generale's Pintar.</p><p>Other analysts pointed out that changes in debt supply dynamics have also exacerbated interest rate volatility.</p><p><a href=\"https://laohu8.com/S/BCS\">Barclays Bank</a>Interest rate strategist Amrut Nashikkar said: \"Supply has dried up. At the same time, demand for volatility has risen because going long volatility has been a good trade over the past few years and there is uncertainty about the Fed's actions.\"</p><p><img src=\"https://static.tigerbbs.com/894f289ce79eab3a05c81b4e392e0207\" tg-width=\"678\" tg-height=\"472\" referrerpolicy=\"no-referrer\"/></p><p>For some, fears that more pain could be on the horizon are mounting as Fed rate hike and traders are increasingly forced to hedge positions and investors continue to buy volatility. Just last week, swap traders raised their expectations for the Federal Reserve to raise interest rates to 5.25%, a level that would have been almost unthinkable a few months ago.</p><p>Recently, Britain's pension schemes have also been caught off guard: derivatives that had profited from falling government bond yields have backfired due to soaring interest rates. A forced sell-off in the UK's Treasury Bond was fueled by margin calls, which further pushed yields higher, which in turn increased the collateral pension schemes need to pay. Only the intervention of the Bank of England stopped the plunge.</p><p>While LongTail Alpha's Bhansali doesn't see structural risk of the same order of magnitude in the U.S. Treasury Bond, he sees potential problems.</p><p>Bhansali said: \"The curve is so inverted that the MOVE index is almost at an all-time high, which is basically perfectly prepared for a VIX-like crash in the interest rate market (Bhansali refers to the unexpected surge in the VIX, a measure of U.S. stock market volatility, in 2018).\"</p><p>While some analysts aren't as pessimistic, most agree that higher interest rate volatility will persist.</p><p><a href=\"https://laohu8.com/S/MTU\">Mitsubishi UFJ Financial</a>George Goncalves, head of US macro strategy at the group, said: \"Volatility is fundamentally a factor in where we are headed<a href=\"https://laohu8.com/S/600628\">New World</a>Re-pricing, which is an environment of higher interest rates and more inflation uncertainty. The volatility hedging conducted by traders is adding fuel to the high volatility environment we are currently in. \"</p><p></body></html></p>\n<div class=\"bt-text\">\n\n\n<p> source：<a href=\"http://www.zhitongcaijing.com/content/detail/826374.html\">智通财经网</a></p>\n\n\n</div>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://static.tigerbbs.com/55eb327f580527889cf30bafa92692ae","relate_stocks":{},"source_url":"http://www.zhitongcaijing.com/content/detail/826374.html","is_english":false,"share_image_url":"https://static.laohu8.com/6ca2dcdccfa2217fb20a0351f4efe814","article_id":"2281033994","content_text":"在过去的十年里，由于极低的利率压低了固定收益资产的回报率，华尔街顶级的量化投资团队为那些想要更高收益率的投资者提供了一系列复杂的产品，让投资者能在萎靡不振的市场获得额外的回报率。而现在，在至少五十年来最严重的债券崩盘中，各家机构争相对冲自己的头寸，大量买进从波动率上升中受益的衍生品，以寻求减少损失。但事实上，在这个过程中，他们只是在火上浇油。目前，一项衡量利率波动率的指标已经接近全球金融危机以来的最高水平，超过了股市和汇市的剧烈波动。至少，这增加了债券交易员的风险，增加了他们在市场中快速获利或蒙受损失的机会。一年来，美联储最激进的加息令债市遭受重创。这引发了部分市场人士的担忧，即24万亿美元的美国国债市场中的结构性头寸可能将引发不可预见的后果，就像负债驱动投资策略(LDI)在上月加剧了英国国债抛售一样。法兴银行美国资金流动策略和解决方案主管Michael  Pintar表示：“很多此前在低利率、低波动性环境下发行的债券仍存在，机构需要进行对冲。这就形成了一个反馈循环。”这令今年的市场似乎不需要额外的因素就能产生巨大的波动。美国国债收益率飙升促使投资者通过购买从利率上升中获利的衍生品(包括短期利率掉期期权)来降低债券风险。据宏观对冲基金Dwd  Partners的首席投资官Danny Dayan表示，这反过来又助长了交易商拼命寻找长期波动率押注，以对冲自己的风险敞口。因此，市场的单边押注推动了衡量美国国债波动率的MOVE指数在今年的大幅上涨。上个月，随着10年期国债收益率飙升至4.3%，该指数突破160，接近金融危机以来的最高点。低波动率押注造成的结构性问题市场观察人士表示，数千亿美元的波动驱动型产品加剧了市场波动。简单来说，这些产品是对债券收益率涨跌的间接押注。在过去的十年里，渴望回报的投资者争相买入这些产品，押注市场将处于低波动性。这些押注被认为是稳赚不赔的事，直到整体环境出现变化。随着债券收益率飙升，投资者正承受着巨大的损失。与此同时，对于银行而言，它们本应对冲自己的风险，因此无论市场走势如何，它们都能在这些单边押注中走出来，但美国国债的波动却比它们预期的更为剧烈。事实上，飙升的利率正迫使许多交易商为应对更大的波动性而调整仓位，而市场上的其他机构也在这么做。LongTail Alpha LLC创始人、太平洋投资管理公司前投资组合管理分析部门主管Vineer  Bhansali表示：“当你度过拐点时，交易商必须买入波动率。今年发生了很多事情，这让我相信我们已经处于自由落体的悬崖边上——这些结构只是其中一个因素。”这些波动性驱动的产品——有着走廊票据、球道债券和区间计息期权等难以置信的晦涩名称——许多都取决于维持在预设交易区间内的利率。部分区间计息期权——估计有400亿美元流通在外——不仅与收益率保持在低位有关，还与美国国债曲线的形状有关。通常情况下，美国国债收益率曲线向上倾斜。只要这种情况仍然存在，该产品的持有者就会收取券息付款。另一方面，为了对冲风险，交易商出售同样可以从积极期限结构中受益的期权。而当收益率曲线在今年早些时候首次倒挂时，许多交易商不再需要支付债券的利息。但随着短期债券相对于较长期债券的收益率溢价继续攀升，它们出售的期权就成了问题，突破了关键的阈值，从而使买方的利润越来越高。从本质上讲，他们在对冲上的损失比在长期波动敞口上的收益要多。法兴银行的Pintar表示，因此，为了保护自己，交易商开始买入波动性更大的产品。还有其他分析人士指出，债务供应动态的变化也加剧了利率波动。巴克莱银行利率策略师Amrut  Nashikkar表示：“供应已经枯竭。与此同时，对波动率的需求有所上升，因为过去几年做多波动率一直是一项不错的交易，而且美联储的行动也存在不确定性。”对一些人来说，随着美联储加息和交易商越来越被迫对冲头寸，投资者继续买入波动率，对更多痛苦可能即将到来的担忧正在加剧。就在上周，掉期交易商提高了对美联储将利率提高到5.25%的预期，这一水平在几个月前几乎是不可想象的。最近，英国的养老金计划也被打了个措手不及：原本从政府债券收益率下跌中获利的衍生品，由于利率飙升而产生了事与愿违的效果。追加保证金的要求助长了英国国债的被迫抛售，这进一步推高了收益率，进而增加了养老金计划需要支付的抵押品。只有英国央行的干预才止住了暴跌。虽然LongTail Alpha的Bhansali认为美国国债没有同样数量级的结构性风险，但他还是看到了潜在的问题。Bhansali表示：“曲线如此倒挂，MOVE指数几乎处于历史高位，这基本上为利率市场出现类似VIX的崩盘做好了完美准备(Bhansali指的是在2018年，衡量美国股市波动率的指标VIX意外飙升)。”尽管有分析师并没有那么悲观，但大多数人都认为，较高的利率波动性将持续下去。三菱日联金融集团美国宏观策略主管George  Goncalves表示：“波动性从根本上是在为我们即将走向的新世界重新定价，这是一个利率更高、通胀不确定性更大的环境。交易商进行的波动性对冲，是为我们目前所处的高波动性环境火上浇油。”","news_type":1,"symbols_score_info":{"ZNmain":0.9}},"isVote":1,"tweetType":1,"viewCount":2357,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9983002382,"gmtCreate":1666102860946,"gmtModify":1676537706448,"author":{"id":"3575790689237418","authorId":"3575790689237418","name":"熊也赚钱","avatar":"https://static.tigerbbs.com/c8904569094dabce050ca2c86654aba6","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3575790689237418","authorIdStr":"3575790689237418"},"themes":[],"htmlText":"[强]&nbsp;[强]&nbsp;[强]&nbsp;","listText":"[强]&nbsp;[强]&nbsp;[强]&nbsp;","text":"[强] [强] [强]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9983002382","repostId":"1122318881","repostType":4,"isVote":1,"tweetType":1,"viewCount":2326,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9931771347,"gmtCreate":1662515718889,"gmtModify":1676537078160,"author":{"id":"3575790689237418","authorId":"3575790689237418","name":"熊也赚钱","avatar":"https://static.tigerbbs.com/c8904569094dabce050ca2c86654aba6","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3575790689237418","authorIdStr":"3575790689237418"},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/TAKOF\">$Drone Delivery CDA Corp(TAKOF)$</a>","listText":"<a href=\"https://ttm.financial/S/TAKOF\">$Drone Delivery CDA Corp(TAKOF)$</a>","text":"$Drone Delivery CDA Corp(TAKOF)$","images":[{"img":"https://community-static.tradeup.com/news/9adaf29c98554afbeec10767c51822ce","width":"1125","height":"1740"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9931771347","isVote":1,"tweetType":1,"viewCount":2308,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":9931074674,"gmtCreate":1662373363298,"gmtModify":1676537047690,"author":{"id":"3575790689237418","authorId":"3575790689237418","name":"熊也赚钱","avatar":"https://static.tigerbbs.com/c8904569094dabce050ca2c86654aba6","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3575790689237418","authorIdStr":"3575790689237418"},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/ASML\">$阿斯麦(ASML)$</a>watch recently bottom， there is a chance to get&nbsp;in","listText":"<a href=\"https://ttm.financial/S/ASML\">$阿斯麦(ASML)$</a>watch recently bottom， there is a chance to get&nbsp;in","text":"$阿斯麦(ASML)$watch recently bottom， there is a chance to get in","images":[{"img":"https://community-static.tradeup.com/news/77f4c7692267ddc2795a4ed7450f4725","width":"1242","height":"2738"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9931074674","isVote":1,"tweetType":1,"viewCount":2999,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":9994458968,"gmtCreate":1661678374359,"gmtModify":1676536560293,"author":{"id":"3575790689237418","authorId":"3575790689237418","name":"熊也赚钱","avatar":"https://static.tigerbbs.com/c8904569094dabce050ca2c86654aba6","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3575790689237418","authorIdStr":"3575790689237418"},"themes":[],"htmlText":"good","listText":"good","text":"good","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9994458968","repostId":"1135834316","repostType":4,"repost":{"id":"1135834316","kind":"news","pubTimestamp":1661523572,"share":"https://ttm.financial/m/news/1135834316?lang=en_US&edition=fundamental","pubTime":"2022-08-26 22:19","market":"us","language":"zh","title":"Eagle! Understand the key points of Powell's speech at Jackson Hole in one article","url":"https://stock-news.laohu8.com/highlight/detail?id=1135834316","media":"Wind资讯","summary":"美联储主席鲍威尔星期五做出了遏制通货膨胀的严厉承诺。他警告说，他预计美联储将继续以一种会给美国经济带来“一些痛苦”的方式加息。在鲍威尔开始讲话后，美股跳水，纳指跌幅1%，道指大跌近200点。鲍威尔在怀","content":"<p><html><head></head><body>Federal Reserve Chairman Jerome Powell made a tough promise Friday to curb inflation. He warned that he expects the Fed to continue its rate hike in a way that will cause \"some pain\" to the U.S. economy.</p><p>After Powell began to speak, U.S. stocks plunged, with the Nasdaq falling 1% and the Dow falling nearly 200 points.</p><p>During his highly anticipated annual policy address in Jackson Hole, Wyoming, Powell reiterated that the Fed will \"use our tools forcefully\" to combat inflation, which is still near its highest level in more than 40 years.</p><p>Powell said that while the Fed has made four consecutive rate hike, totaling a rate hike of 2.25 percentage points, \"there is no room to stop or pause,\" even though the benchmark interest rate may be at a level that is neither stimulating nor restricting economic growth.</p><p>\"While higher interest rates, slower economic growth and a weaker job market will drive down inflation, there will also be some pain for households and businesses,\" he said in his remarks. \"This is the unfortunate price to pay for reducing inflation. But failure to restore price stability will mean even greater pain.\"</p><p>Meanwhile, there are signs that inflation may have peaked, but it is not showing any clear signs of falling. Two closely watched indicators, the consumer price index and the personal consumption expenditures price index, showed little change in prices in July, mainly due to a sharp drop in energy costs.</p><p>Meanwhile, other sectors of the economy are slowing down. The housing market in particular is rapidly declining, and economists expect hiring, which has increased significantly over the past year and a half, could cool down.</p><p>However, Powell cautioned that the Fed is looking at more than just a month or two of data, and it will push ahead until inflation falls close to its long-term target of 2%.</p><p>\"We purposefully adjusted our policy stance to a level sufficient to limit inflation back to 2%,\" he said. Looking forward, he added that \"restoring price stability may require a restrictive policy stance for some time. The historical record puts a strong warning of premature easing.\"</p><p>While Fed leaders, including Powell, often use the Jackson Hole symposium as an opportunity to outline broad policy shifts, he noted in his opening remarks that his \"speech will be shorter, my focus will be narrower, and my message will be more direct.\"</p><p>\"Price stability is the responsibility of the Federal Reserve and the cornerstone of our economy,\" he said. \"Without price stability, the economy is not for anyone.\"</p><p>The Fed is using the lessons learned from the past as a guide for current policy. In particular, Powell pointed to three lessons from inflation 40 years ago for the current Fed: that central banks like the Federal Reserve have a responsibility to manage inflation, that expectations are critical, and that \"we have to persevere until the job is done.\"</p><p>Powell pointed to the failure of the Federal Reserve to act forcefully in the 1970s, which led to the perpetuation of high inflation expectations, which led to the draconian rate hike of the early 1980s. At the time, then-Fed Chairman Paul Volcker dragged the economy into a recession to curb inflation.</p><p>While Powell has repeatedly said he does not believe a U.S. recession is an inevitable outcome, he noted that managing expectations is critical if the Fed is to avoid a Volcker-style outcome.</p><p>In the early 1980s, Powell said, \"to contain high inflation and begin to bring it down to a low and stable level, it ultimately required a long period of very strict monetary policy, a process that didn't become the norm until last spring.\" \"Our goal is to avoid this outcome by taking firm action now.\"</p><p>\"Of course, almost everyone is focused on inflation right now, which highlights a particular risk today: the longer the current round of high inflation persists, the greater the likelihood that expectations of higher inflation will become more entrenched,\" he said.</p><p></body></html></p>","source":"wind","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>Eagle! Understand the key points of Powell's speech at Jackson Hole in one article</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 12.5px; color: #7E829C; margin: 0;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nEagle! Understand the key points of Powell's speech at Jackson Hole in one article\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">Wind资讯</strong><span class=\"h-time small\">2022-08-26 22:19</span>\n</p>\n</h4>\n</header>\n<article>\n<p><html><head></head><body>Federal Reserve Chairman Jerome Powell made a tough promise Friday to curb inflation. He warned that he expects the Fed to continue its rate hike in a way that will cause \"some pain\" to the U.S. economy.</p><p>After Powell began to speak, U.S. stocks plunged, with the Nasdaq falling 1% and the Dow falling nearly 200 points.</p><p>During his highly anticipated annual policy address in Jackson Hole, Wyoming, Powell reiterated that the Fed will \"use our tools forcefully\" to combat inflation, which is still near its highest level in more than 40 years.</p><p>Powell said that while the Fed has made four consecutive rate hike, totaling a rate hike of 2.25 percentage points, \"there is no room to stop or pause,\" even though the benchmark interest rate may be at a level that is neither stimulating nor restricting economic growth.</p><p>\"While higher interest rates, slower economic growth and a weaker job market will drive down inflation, there will also be some pain for households and businesses,\" he said in his remarks. \"This is the unfortunate price to pay for reducing inflation. But failure to restore price stability will mean even greater pain.\"</p><p>Meanwhile, there are signs that inflation may have peaked, but it is not showing any clear signs of falling. Two closely watched indicators, the consumer price index and the personal consumption expenditures price index, showed little change in prices in July, mainly due to a sharp drop in energy costs.</p><p>Meanwhile, other sectors of the economy are slowing down. The housing market in particular is rapidly declining, and economists expect hiring, which has increased significantly over the past year and a half, could cool down.</p><p>However, Powell cautioned that the Fed is looking at more than just a month or two of data, and it will push ahead until inflation falls close to its long-term target of 2%.</p><p>\"We purposefully adjusted our policy stance to a level sufficient to limit inflation back to 2%,\" he said. Looking forward, he added that \"restoring price stability may require a restrictive policy stance for some time. The historical record puts a strong warning of premature easing.\"</p><p>While Fed leaders, including Powell, often use the Jackson Hole symposium as an opportunity to outline broad policy shifts, he noted in his opening remarks that his \"speech will be shorter, my focus will be narrower, and my message will be more direct.\"</p><p>\"Price stability is the responsibility of the Federal Reserve and the cornerstone of our economy,\" he said. \"Without price stability, the economy is not for anyone.\"</p><p>The Fed is using the lessons learned from the past as a guide for current policy. In particular, Powell pointed to three lessons from inflation 40 years ago for the current Fed: that central banks like the Federal Reserve have a responsibility to manage inflation, that expectations are critical, and that \"we have to persevere until the job is done.\"</p><p>Powell pointed to the failure of the Federal Reserve to act forcefully in the 1970s, which led to the perpetuation of high inflation expectations, which led to the draconian rate hike of the early 1980s. At the time, then-Fed Chairman Paul Volcker dragged the economy into a recession to curb inflation.</p><p>While Powell has repeatedly said he does not believe a U.S. recession is an inevitable outcome, he noted that managing expectations is critical if the Fed is to avoid a Volcker-style outcome.</p><p>In the early 1980s, Powell said, \"to contain high inflation and begin to bring it down to a low and stable level, it ultimately required a long period of very strict monetary policy, a process that didn't become the norm until last spring.\" \"Our goal is to avoid this outcome by taking firm action now.\"</p><p>\"Of course, almost everyone is focused on inflation right now, which highlights a particular risk today: the longer the current round of high inflation persists, the greater the likelihood that expectations of higher inflation will become more entrenched,\" he said.</p><p></body></html></p>\n<div class=\"bt-text\">\n\n\n<p> source：<a href=\"https://t.wind.com.cn/mobwftweb/M/news.html?share=wechat&show=wft&shareCode=45590b8720c3be8d1069d5ef3c0d2096&code=EACEC9EC2548&newsopenstyle=original&lan=cn&device=ios&fontsize=normal&related=true&version=22.7.0#/67C0E94E4BD479965E8229A272D6A4DE\">Wind资讯</a></p>\n\n\n</div>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://static.tigerbbs.com/909f0c076f3fff78497a5c9be00e5429","relate_stocks":{".IXIC":"NASDAQ Composite"},"source_url":"https://t.wind.com.cn/mobwftweb/M/news.html?share=wechat&show=wft&shareCode=45590b8720c3be8d1069d5ef3c0d2096&code=EACEC9EC2548&newsopenstyle=original&lan=cn&device=ios&fontsize=normal&related=true&version=22.7.0#/67C0E94E4BD479965E8229A272D6A4DE","is_english":false,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1135834316","content_text":"美联储主席鲍威尔星期五做出了遏制通货膨胀的严厉承诺。他警告说，他预计美联储将继续以一种会给美国经济带来“一些痛苦”的方式加息。在鲍威尔开始讲话后，美股跳水，纳指跌幅1%，道指大跌近200点。鲍威尔在怀俄明州杰克逊霍尔发表备受期待的年度政策讲话时重申，美联储将“强有力地使用我们的工具”来打击仍处于40多年来最高水平附近的通货膨胀。鲍威尔表示，尽管美联储已连续四次加息，总计加息2.25个百分点，但\"没有空间可以停下来或暂停\"，尽管指标利率可能处于对经济成长既不刺激也不限制的水平。他在讲话中表示:“尽管利率上升、经济增长放缓和就业市场疲软将压低通胀，但也会给家庭和企业带来一些痛苦。”“这是降低通胀的不幸代价。但不能恢复价格稳定将意味着更大的痛苦。”与此同时，有迹象显示，通胀可能已经见顶，但没有显示出任何明显的下降迹象。消费者价格指数和个人消费支出价格指数这两个备受关注的指标显示，7月份物价变化不大，主要原因是能源成本大幅下降。与此同时，其他经济领域正在放缓。尤其是房地产市场正在迅速下滑，经济学家预计，过去一年半大幅增加的招聘可能会降温。然而，鲍威尔警告说，美联储关注的不仅仅是一两个月的数据，它将继续推进，直到通胀率下降到接近2%的长期目标。他说:“我们有目的地将我们的政策立场调整到一个足以限制通胀回到2%的水平。”展望未来，他补充说，“恢复物价稳定可能需要在一段时间内保持限制性的政策立场。历史记录对过早放松政策提出了强烈警告。”尽管包括鲍威尔在内的美联储领导人经常利用杰克逊霍尔研讨会的机会概述广泛的政策转变，但他在开场白中指出，他的“讲话将更简短，我的重点将更狭窄，我要传达的信息将更直接。”他说:“物价稳定是美联储的责任，也是我们经济的基石。”“没有价格稳定，经济就不适合任何人。”美联储正在用过去的经验教训作为当前政策的指引。鲍威尔特别指出，40年前的通货膨胀为当前的美联储提供了三个教训:像美联储这样的中央银行有责任管理通货膨胀，预期至关重要，以及“我们必须坚持下去，直到工作完成。”鲍威尔指出，上世纪70年代美联储未能采取有力行动，导致高通胀预期长期存在，从而导致上世纪80年代初的严厉加息。当时，时任美联储主席的沃尔克(Paul Volcker)将经济拖入衰退，以遏制通胀。虽然鲍威尔一再表示，他不认为美国经济衰退是不可避免的结果，但他指出，如果美联储要避免沃尔克式的结果，管理预期是至关重要的。鲍威尔说，在上世纪80年代初，\"为了遏制高通胀，并开始将通胀降至较低且稳定的水平，最终需要一段长时间的非常严格的货币政策，而这一过程直到去年春天才成为常态。\"“我们的目标是通过现在采取坚定行动来避免这种结果。”他说:“当然，目前几乎所有人都在关注通胀，这凸显了今天的一种特殊风险:当前一轮高通胀持续的时间越长，通胀上升预期变得更加根深蒂固的可能性就越大。”","news_type":1,"symbols_score_info":{".IXIC":0.9}},"isVote":1,"tweetType":1,"viewCount":2613,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9990378773,"gmtCreate":1660299337798,"gmtModify":1676533446797,"author":{"id":"3575790689237418","authorId":"3575790689237418","name":"熊也赚钱","avatar":"https://static.tigerbbs.com/c8904569094dabce050ca2c86654aba6","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3575790689237418","authorIdStr":"3575790689237418"},"themes":[],"htmlText":"good","listText":"good","text":"good","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9990378773","repostId":"2258579460","repostType":4,"isVote":1,"tweetType":1,"viewCount":2378,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9903200020,"gmtCreate":1659034713760,"gmtModify":1676536246182,"author":{"id":"3575790689237418","authorId":"3575790689237418","name":"熊也赚钱","avatar":"https://static.tigerbbs.com/c8904569094dabce050ca2c86654aba6","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3575790689237418","authorIdStr":"3575790689237418"},"themes":[],"htmlText":"good","listText":"good","text":"good","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9903200020","repostId":"1191917445","repostType":4,"isVote":1,"tweetType":1,"viewCount":3153,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":180022770,"gmtCreate":1623165326490,"gmtModify":1704197550109,"author":{"id":"3575790689237418","authorId":"3575790689237418","name":"熊也赚钱","avatar":"https://static.tigerbbs.com/c8904569094dabce050ca2c86654aba6","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3575790689237418","authorIdStr":"3575790689237418"},"themes":[],"htmlText":"wwa","listText":"wwa","text":"wwa","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/180022770","repostId":"1180401775","repostType":2,"repost":{"id":"1180401775","kind":"news","weMediaInfo":{"introduction":"为用户提供金融资讯、行情、数据，旨在帮助投资者理解世界，做投资决策。","home_visible":1,"media_name":"老虎资讯综合","id":"102","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"pubTimestamp":1623160529,"share":"https://ttm.financial/m/news/1180401775?lang=en_US&edition=fundamental","pubTime":"2021-06-08 21:55","market":"us","language":"zh","title":"[Change] Retail investors' group stocks soared, and GameStop rose by more than 20%","url":"https://stock-news.laohu8.com/highlight/detail?id=1180401775","media":"老虎资讯综合","summary":"6月8日，散户抱团股集体发力拉升，游戏驿站涨超20%，高斯电子涨超12%，黑莓涨超7%，AMC院线涨近6%。周一，美国证券交易委员会(SEC)表示，正在密切关注MEME股票的疯狂交易，以确保市场稳定。","content":"<p>On June 8, retail investors' group stocks collectively made efforts to pull up.<a href=\"https://laohu8.com/S/GME\">GameStop</a>Up more than 20%,<a href=\"https://laohu8.com/S/KOSS\">Gaussian electron</a>Rose more than 12%,<a href=\"https://laohu8.com/S/BBRY\">Blackberry</a>Rose more than 7%,<a href=\"https://laohu8.com/S/AMC\">AMC Cinemas</a>Up nearly 6%.</p><p>On Monday, the U.S. Securities and Exchange Commission (SEC) said it was closely monitoring the frenzied trading of MEME stock to ensure market stability. Some brokerages have taken action to increase the margin requirements for AMC Cinemas and GameStop to 100%, which means investors need to buy these two securities with cash.</p><p><img src=\"https://static.tigerbbs.com/98e0075756d5292a3b8bcd86e1085893\" tg-width=\"840\" tg-height=\"470\" referrerpolicy=\"no-referrer\"></p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>[Change] Retail investors' group stocks soared, and GameStop rose by more than 20%</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 12.5px; color: #7E829C; margin: 0;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\n[Change] Retail investors' group stocks soared, and GameStop rose by more than 20%\n</h2>\n<h4 class=\"meta\">\n<a class=\"head\" href=\"https://laohu8.com/wemedia/102\">\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">老虎资讯综合 </p>\n<p class=\"h-time smaller\">2021-06-08 21:55</p>\n</div>\n</a>\n</h4>\n</header>\n<article>\n<p>On June 8, retail investors' group stocks collectively made efforts to pull up.<a href=\"https://laohu8.com/S/GME\">GameStop</a>Up more than 20%,<a href=\"https://laohu8.com/S/KOSS\">Gaussian electron</a>Rose more than 12%,<a href=\"https://laohu8.com/S/BBRY\">Blackberry</a>Rose more than 7%,<a href=\"https://laohu8.com/S/AMC\">AMC Cinemas</a>Up nearly 6%.</p><p>On Monday, the U.S. Securities and Exchange Commission (SEC) said it was closely monitoring the frenzied trading of MEME stock to ensure market stability. Some brokerages have taken action to increase the margin requirements for AMC Cinemas and GameStop to 100%, which means investors need to buy these two securities with cash.</p><p><img src=\"https://static.tigerbbs.com/98e0075756d5292a3b8bcd86e1085893\" tg-width=\"840\" tg-height=\"470\" referrerpolicy=\"no-referrer\"></p>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://static.tigerbbs.com/2946b9cd4befcf808691bc00a8ecb1be","relate_stocks":{"GME":"游戏驿站"},"is_english":false,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1180401775","content_text":"6月8日，散户抱团股集体发力拉升，游戏驿站涨超20%，高斯电子涨超12%，黑莓涨超7%，AMC院线涨近6%。周一，美国证券交易委员会(SEC)表示，正在密切关注MEME股票的疯狂交易，以确保市场稳定。有券商已经采取行动，将AMC院线和游戏驿站的保证金要求提高到100%，这意味着投资者需要用现金购买这两只证券。","news_type":1,"symbols_score_info":{"GME":0.9}},"isVote":1,"tweetType":1,"viewCount":3063,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":350823189,"gmtCreate":1616189278541,"gmtModify":1704791984933,"author":{"id":"3575790689237418","authorId":"3575790689237418","name":"熊也赚钱","avatar":"https://static.tigerbbs.com/c8904569094dabce050ca2c86654aba6","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3575790689237418","authorIdStr":"3575790689237418"},"themes":[],"htmlText":"ready to fly","listText":"ready to fly","text":"ready to fly","images":[{"img":"https://static.tigerbbs.com/a14071b7bd6a9fc90bb4d98c5cb46176","width":"1125","height":"2523"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/350823189","isVote":1,"tweetType":1,"viewCount":2679,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":365634580,"gmtCreate":1614733920940,"gmtModify":1704774557916,"author":{"id":"3575790689237418","authorId":"3575790689237418","name":"熊也赚钱","avatar":"https://static.tigerbbs.com/c8904569094dabce050ca2c86654aba6","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3575790689237418","authorIdStr":"3575790689237418"},"themes":[],"htmlText":"just start flying！","listText":"just start flying！","text":"just start flying！","images":[{"img":"https://static.tigerbbs.com/31e360201507ab11c82f73c8c71b837e","width":"1125","height":"2442"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/365634580","isVote":1,"tweetType":1,"viewCount":816,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":360518850,"gmtCreate":1613955573270,"gmtModify":1704886082371,"author":{"id":"3575790689237418","authorId":"3575790689237418","name":"熊也赚钱","avatar":"https://static.tigerbbs.com/c8904569094dabce050ca2c86654aba6","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3575790689237418","authorIdStr":"3575790689237418"},"themes":[],"htmlText":"great potential，long run","listText":"great potential，long run","text":"great potential，long run","images":[{"img":"https://static.tigerbbs.com/b7549e383fc6b50f973981d598dc67be","width":"1125","height":"2279"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/360518850","isVote":1,"tweetType":1,"viewCount":722,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0}],"hots":[{"id":9903200020,"gmtCreate":1659034713760,"gmtModify":1676536246182,"author":{"id":"3575790689237418","authorId":"3575790689237418","name":"熊也赚钱","avatar":"https://static.tigerbbs.com/c8904569094dabce050ca2c86654aba6","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3575790689237418","authorIdStr":"3575790689237418"},"themes":[],"htmlText":"good","listText":"good","text":"good","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9903200020","repostId":"1191917445","repostType":4,"isVote":1,"tweetType":1,"viewCount":3153,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9931074674,"gmtCreate":1662373363298,"gmtModify":1676537047690,"author":{"id":"3575790689237418","authorId":"3575790689237418","name":"熊也赚钱","avatar":"https://static.tigerbbs.com/c8904569094dabce050ca2c86654aba6","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3575790689237418","authorIdStr":"3575790689237418"},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/ASML\">$阿斯麦(ASML)$</a>watch recently bottom， there is a chance to get&nbsp;in","listText":"<a href=\"https://ttm.financial/S/ASML\">$阿斯麦(ASML)$</a>watch recently bottom， there is a chance to get&nbsp;in","text":"$阿斯麦(ASML)$watch recently bottom， there is a chance to get in","images":[{"img":"https://community-static.tradeup.com/news/77f4c7692267ddc2795a4ed7450f4725","width":"1242","height":"2738"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9931074674","isVote":1,"tweetType":1,"viewCount":2999,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":9952309493,"gmtCreate":1674429134513,"gmtModify":1676538939834,"author":{"id":"3575790689237418","authorId":"3575790689237418","name":"熊也赚钱","avatar":"https://static.tigerbbs.com/c8904569094dabce050ca2c86654aba6","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3575790689237418","authorIdStr":"3575790689237418"},"themes":[],"htmlText":"good","listText":"good","text":"good","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9952309493","repostId":"2305998624","repostType":4,"isVote":1,"tweetType":1,"viewCount":2608,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9987241573,"gmtCreate":1667943447492,"gmtModify":1676537986247,"author":{"id":"3575790689237418","authorId":"3575790689237418","name":"熊也赚钱","avatar":"https://static.tigerbbs.com/c8904569094dabce050ca2c86654aba6","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3575790689237418","authorIdStr":"3575790689237418"},"themes":[],"htmlText":"Good","listText":"Good","text":"Good","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9987241573","repostId":"2281033994","repostType":4,"repost":{"id":"2281033994","kind":"highlight","pubTimestamp":1667920249,"share":"https://ttm.financial/m/news/2281033994?lang=en_US&edition=fundamental","pubTime":"2022-11-08 23:10","market":"us","language":"zh","title":"Volatility is close to the highest since the financial crisis! Will U.S. debt collapse like British debt?","url":"https://stock-news.laohu8.com/highlight/detail?id=2281033994","media":"智通财经网","summary":"市场观察人士表示，数千亿美元的波动驱动型产品加剧了市场波动。","content":"<p><html><head></head><body>Over the past decade, as extremely low interest rates have depressed returns on fixed-income assets, Wall Street's top quantitative investment teams have provided investors who want higher yields with a range of sophisticated products, allowing investors to earn additional returns in a sluggish market.</p><p>Now, in the worst bond crash in at least five decades, various institutions are scrambling to hedge their positions, buying a lot of derivatives that benefit from rising volatility in order to reduce losses.</p><p>But in reality, in the process, they are just adding fuel to the fire. At present, an indicator of interest rate volatility is close to the highest level since the global financial crisis, exceeding the violent fluctuations of stock and foreign exchange markets. At the very least, this increases risk for bond traders, increasing their chances of making quick profits or losses in the market. The Fed's most aggressive rate hike in a year has hit the bond market hard.</p><p>This has triggered concerns among some market participants that structural positions in the $24 trillion US Treasury Bond market may trigger unforeseen consequences, just as debt-driven investment strategies (LDI) exacerbated the UK Treasury Bond sell-off last month.</p><p>Michael Pintar, head of U.S. capital flow strategy and solutions at Societe Generale, said: \"Many bonds previously issued in a low interest rate and low volatility environment still exist, and institutions need to hedge. This forms a feedback loop.\"</p><p><img src=\"https://static.tigerbbs.com/4a2d8213bf2669dfeff756b73d00e220\" tg-width=\"670\" tg-height=\"376\" referrerpolicy=\"no-referrer\"/></p><p>This makes it seem that the market can generate huge volatility this year without additional factors.</p><p>Soaring U.S. Treasury Bond yields have prompted investors to reduce bond risk by buying derivatives that profit from rising interest rates, including short-term interest rate swaps. This, in turn, has fueled traders desperately looking for long-term volatility bets to hedge their exposure, according to Danny Dayan, chief investment officer at macro hedge fund Dwd Partners.</p><p>As a result, the market's unilateral bets have driven the MOVE index, which measures the volatility of U.S. Treasury Bond, to rise sharply this year. The index topped 160 last month, near its highest point since the financial crisis, as the 10-year Treasury Bond yield surged to 4.3%.</p><p><b>Structural problems caused by low-volatility bets</b></p><p>Market watchers say hundreds of billions of dollars of volatility-driven products are adding to market volatility.</p><p>Simply put, these products are indirect bets on the rise and fall of bond yields. Over the past decade, return-hungry investors have rushed to buy these products, betting that the market will be in low volatility.</p><p>These bets are considered a steady profit until the overall environment changes. Investors are taking huge losses as bond yields soar. At the same time, for banks, they should have taken their own risks, so they can get out of these unilateral bets no matter what the market moves, but the volatility of U.S. Treasury Bond is more violent than they expected.</p><p>In fact, soaring interest rates are forcing many traders to adjust their positions in response to greater volatility, and other institutions in the market are doing the same.</p><p>LongTail Alpha LLC Founder,<a href=\"https://laohu8.com/S/601099\">Pacific Ocean</a>Vineer Bhansali, former head of portfolio management analytics at the investment management firm, said: \"When you get past the inflection point, traders have to buy volatility. A lot has happened this year, which leads me to believe that we are on the edge of a free fall-these structures are just one factor.\"</p><p>Many of these volatility-driven products-with incredibly obscure names such as corridor notes, fairway bonds, and range-bearing options-depend on interest rates maintained within preset trading ranges.</p><p>Part of the range-bearing options-with an estimated $40 billion in circulation-have to do not only with yields remaining low, but also with the shape of the US Treasury Bond curve. Typically, the U.S. Treasury Bond yield curve slopes upward.</p><p>As long as this situation persists, the holder of the product will collect coupon interest payments. On the other hand, to hedge against risk, traders sell options that can likewise benefit from a positive term structure.</p><p>And when the yield curve first inverted earlier this year, many traders no longer had to pay interest on bonds. But as the yield premium of short-term bonds relative to longer-dated bonds continues to climb, the options they sell become problematic, breaking critical thresholds that make buyers increasingly profitable.</p><p>Essentially, they lose more on hedging than they gain on long-term volatility exposure. So, to protect themselves, traders started buying more volatile products, said Societe Generale's Pintar.</p><p>Other analysts pointed out that changes in debt supply dynamics have also exacerbated interest rate volatility.</p><p><a href=\"https://laohu8.com/S/BCS\">Barclays Bank</a>Interest rate strategist Amrut Nashikkar said: \"Supply has dried up. At the same time, demand for volatility has risen because going long volatility has been a good trade over the past few years and there is uncertainty about the Fed's actions.\"</p><p><img src=\"https://static.tigerbbs.com/894f289ce79eab3a05c81b4e392e0207\" tg-width=\"678\" tg-height=\"472\" referrerpolicy=\"no-referrer\"/></p><p>For some, fears that more pain could be on the horizon are mounting as Fed rate hike and traders are increasingly forced to hedge positions and investors continue to buy volatility. Just last week, swap traders raised their expectations for the Federal Reserve to raise interest rates to 5.25%, a level that would have been almost unthinkable a few months ago.</p><p>Recently, Britain's pension schemes have also been caught off guard: derivatives that had profited from falling government bond yields have backfired due to soaring interest rates. A forced sell-off in the UK's Treasury Bond was fueled by margin calls, which further pushed yields higher, which in turn increased the collateral pension schemes need to pay. Only the intervention of the Bank of England stopped the plunge.</p><p>While LongTail Alpha's Bhansali doesn't see structural risk of the same order of magnitude in the U.S. Treasury Bond, he sees potential problems.</p><p>Bhansali said: \"The curve is so inverted that the MOVE index is almost at an all-time high, which is basically perfectly prepared for a VIX-like crash in the interest rate market (Bhansali refers to the unexpected surge in the VIX, a measure of U.S. stock market volatility, in 2018).\"</p><p>While some analysts aren't as pessimistic, most agree that higher interest rate volatility will persist.</p><p><a href=\"https://laohu8.com/S/MTU\">Mitsubishi UFJ Financial</a>George Goncalves, head of US macro strategy at the group, said: \"Volatility is fundamentally a factor in where we are headed<a href=\"https://laohu8.com/S/600628\">New World</a>Re-pricing, which is an environment of higher interest rates and more inflation uncertainty. The volatility hedging conducted by traders is adding fuel to the high volatility environment we are currently in. \"</p><p></body></html></p>","source":"highlight_zhitongcaijin","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>Volatility is close to the highest since the financial crisis! Will U.S. debt collapse like British debt?</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 12.5px; color: #7E829C; margin: 0;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nVolatility is close to the highest since the financial crisis! Will U.S. debt collapse like British debt?\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">智通财经网</strong><span class=\"h-time small\">2022-11-08 23:10</span>\n</p>\n</h4>\n</header>\n<article>\n<p><html><head></head><body>Over the past decade, as extremely low interest rates have depressed returns on fixed-income assets, Wall Street's top quantitative investment teams have provided investors who want higher yields with a range of sophisticated products, allowing investors to earn additional returns in a sluggish market.</p><p>Now, in the worst bond crash in at least five decades, various institutions are scrambling to hedge their positions, buying a lot of derivatives that benefit from rising volatility in order to reduce losses.</p><p>But in reality, in the process, they are just adding fuel to the fire. At present, an indicator of interest rate volatility is close to the highest level since the global financial crisis, exceeding the violent fluctuations of stock and foreign exchange markets. At the very least, this increases risk for bond traders, increasing their chances of making quick profits or losses in the market. The Fed's most aggressive rate hike in a year has hit the bond market hard.</p><p>This has triggered concerns among some market participants that structural positions in the $24 trillion US Treasury Bond market may trigger unforeseen consequences, just as debt-driven investment strategies (LDI) exacerbated the UK Treasury Bond sell-off last month.</p><p>Michael Pintar, head of U.S. capital flow strategy and solutions at Societe Generale, said: \"Many bonds previously issued in a low interest rate and low volatility environment still exist, and institutions need to hedge. This forms a feedback loop.\"</p><p><img src=\"https://static.tigerbbs.com/4a2d8213bf2669dfeff756b73d00e220\" tg-width=\"670\" tg-height=\"376\" referrerpolicy=\"no-referrer\"/></p><p>This makes it seem that the market can generate huge volatility this year without additional factors.</p><p>Soaring U.S. Treasury Bond yields have prompted investors to reduce bond risk by buying derivatives that profit from rising interest rates, including short-term interest rate swaps. This, in turn, has fueled traders desperately looking for long-term volatility bets to hedge their exposure, according to Danny Dayan, chief investment officer at macro hedge fund Dwd Partners.</p><p>As a result, the market's unilateral bets have driven the MOVE index, which measures the volatility of U.S. Treasury Bond, to rise sharply this year. The index topped 160 last month, near its highest point since the financial crisis, as the 10-year Treasury Bond yield surged to 4.3%.</p><p><b>Structural problems caused by low-volatility bets</b></p><p>Market watchers say hundreds of billions of dollars of volatility-driven products are adding to market volatility.</p><p>Simply put, these products are indirect bets on the rise and fall of bond yields. Over the past decade, return-hungry investors have rushed to buy these products, betting that the market will be in low volatility.</p><p>These bets are considered a steady profit until the overall environment changes. Investors are taking huge losses as bond yields soar. At the same time, for banks, they should have taken their own risks, so they can get out of these unilateral bets no matter what the market moves, but the volatility of U.S. Treasury Bond is more violent than they expected.</p><p>In fact, soaring interest rates are forcing many traders to adjust their positions in response to greater volatility, and other institutions in the market are doing the same.</p><p>LongTail Alpha LLC Founder,<a href=\"https://laohu8.com/S/601099\">Pacific Ocean</a>Vineer Bhansali, former head of portfolio management analytics at the investment management firm, said: \"When you get past the inflection point, traders have to buy volatility. A lot has happened this year, which leads me to believe that we are on the edge of a free fall-these structures are just one factor.\"</p><p>Many of these volatility-driven products-with incredibly obscure names such as corridor notes, fairway bonds, and range-bearing options-depend on interest rates maintained within preset trading ranges.</p><p>Part of the range-bearing options-with an estimated $40 billion in circulation-have to do not only with yields remaining low, but also with the shape of the US Treasury Bond curve. Typically, the U.S. Treasury Bond yield curve slopes upward.</p><p>As long as this situation persists, the holder of the product will collect coupon interest payments. On the other hand, to hedge against risk, traders sell options that can likewise benefit from a positive term structure.</p><p>And when the yield curve first inverted earlier this year, many traders no longer had to pay interest on bonds. But as the yield premium of short-term bonds relative to longer-dated bonds continues to climb, the options they sell become problematic, breaking critical thresholds that make buyers increasingly profitable.</p><p>Essentially, they lose more on hedging than they gain on long-term volatility exposure. So, to protect themselves, traders started buying more volatile products, said Societe Generale's Pintar.</p><p>Other analysts pointed out that changes in debt supply dynamics have also exacerbated interest rate volatility.</p><p><a href=\"https://laohu8.com/S/BCS\">Barclays Bank</a>Interest rate strategist Amrut Nashikkar said: \"Supply has dried up. At the same time, demand for volatility has risen because going long volatility has been a good trade over the past few years and there is uncertainty about the Fed's actions.\"</p><p><img src=\"https://static.tigerbbs.com/894f289ce79eab3a05c81b4e392e0207\" tg-width=\"678\" tg-height=\"472\" referrerpolicy=\"no-referrer\"/></p><p>For some, fears that more pain could be on the horizon are mounting as Fed rate hike and traders are increasingly forced to hedge positions and investors continue to buy volatility. Just last week, swap traders raised their expectations for the Federal Reserve to raise interest rates to 5.25%, a level that would have been almost unthinkable a few months ago.</p><p>Recently, Britain's pension schemes have also been caught off guard: derivatives that had profited from falling government bond yields have backfired due to soaring interest rates. A forced sell-off in the UK's Treasury Bond was fueled by margin calls, which further pushed yields higher, which in turn increased the collateral pension schemes need to pay. Only the intervention of the Bank of England stopped the plunge.</p><p>While LongTail Alpha's Bhansali doesn't see structural risk of the same order of magnitude in the U.S. Treasury Bond, he sees potential problems.</p><p>Bhansali said: \"The curve is so inverted that the MOVE index is almost at an all-time high, which is basically perfectly prepared for a VIX-like crash in the interest rate market (Bhansali refers to the unexpected surge in the VIX, a measure of U.S. stock market volatility, in 2018).\"</p><p>While some analysts aren't as pessimistic, most agree that higher interest rate volatility will persist.</p><p><a href=\"https://laohu8.com/S/MTU\">Mitsubishi UFJ Financial</a>George Goncalves, head of US macro strategy at the group, said: \"Volatility is fundamentally a factor in where we are headed<a href=\"https://laohu8.com/S/600628\">New World</a>Re-pricing, which is an environment of higher interest rates and more inflation uncertainty. The volatility hedging conducted by traders is adding fuel to the high volatility environment we are currently in. \"</p><p></body></html></p>\n<div class=\"bt-text\">\n\n\n<p> source：<a href=\"http://www.zhitongcaijing.com/content/detail/826374.html\">智通财经网</a></p>\n\n\n</div>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://static.tigerbbs.com/55eb327f580527889cf30bafa92692ae","relate_stocks":{},"source_url":"http://www.zhitongcaijing.com/content/detail/826374.html","is_english":false,"share_image_url":"https://static.laohu8.com/6ca2dcdccfa2217fb20a0351f4efe814","article_id":"2281033994","content_text":"在过去的十年里，由于极低的利率压低了固定收益资产的回报率，华尔街顶级的量化投资团队为那些想要更高收益率的投资者提供了一系列复杂的产品，让投资者能在萎靡不振的市场获得额外的回报率。而现在，在至少五十年来最严重的债券崩盘中，各家机构争相对冲自己的头寸，大量买进从波动率上升中受益的衍生品，以寻求减少损失。但事实上，在这个过程中，他们只是在火上浇油。目前，一项衡量利率波动率的指标已经接近全球金融危机以来的最高水平，超过了股市和汇市的剧烈波动。至少，这增加了债券交易员的风险，增加了他们在市场中快速获利或蒙受损失的机会。一年来，美联储最激进的加息令债市遭受重创。这引发了部分市场人士的担忧，即24万亿美元的美国国债市场中的结构性头寸可能将引发不可预见的后果，就像负债驱动投资策略(LDI)在上月加剧了英国国债抛售一样。法兴银行美国资金流动策略和解决方案主管Michael  Pintar表示：“很多此前在低利率、低波动性环境下发行的债券仍存在，机构需要进行对冲。这就形成了一个反馈循环。”这令今年的市场似乎不需要额外的因素就能产生巨大的波动。美国国债收益率飙升促使投资者通过购买从利率上升中获利的衍生品(包括短期利率掉期期权)来降低债券风险。据宏观对冲基金Dwd  Partners的首席投资官Danny Dayan表示，这反过来又助长了交易商拼命寻找长期波动率押注，以对冲自己的风险敞口。因此，市场的单边押注推动了衡量美国国债波动率的MOVE指数在今年的大幅上涨。上个月，随着10年期国债收益率飙升至4.3%，该指数突破160，接近金融危机以来的最高点。低波动率押注造成的结构性问题市场观察人士表示，数千亿美元的波动驱动型产品加剧了市场波动。简单来说，这些产品是对债券收益率涨跌的间接押注。在过去的十年里，渴望回报的投资者争相买入这些产品，押注市场将处于低波动性。这些押注被认为是稳赚不赔的事，直到整体环境出现变化。随着债券收益率飙升，投资者正承受着巨大的损失。与此同时，对于银行而言，它们本应对冲自己的风险，因此无论市场走势如何，它们都能在这些单边押注中走出来，但美国国债的波动却比它们预期的更为剧烈。事实上，飙升的利率正迫使许多交易商为应对更大的波动性而调整仓位，而市场上的其他机构也在这么做。LongTail Alpha LLC创始人、太平洋投资管理公司前投资组合管理分析部门主管Vineer  Bhansali表示：“当你度过拐点时，交易商必须买入波动率。今年发生了很多事情，这让我相信我们已经处于自由落体的悬崖边上——这些结构只是其中一个因素。”这些波动性驱动的产品——有着走廊票据、球道债券和区间计息期权等难以置信的晦涩名称——许多都取决于维持在预设交易区间内的利率。部分区间计息期权——估计有400亿美元流通在外——不仅与收益率保持在低位有关，还与美国国债曲线的形状有关。通常情况下，美国国债收益率曲线向上倾斜。只要这种情况仍然存在，该产品的持有者就会收取券息付款。另一方面，为了对冲风险，交易商出售同样可以从积极期限结构中受益的期权。而当收益率曲线在今年早些时候首次倒挂时，许多交易商不再需要支付债券的利息。但随着短期债券相对于较长期债券的收益率溢价继续攀升，它们出售的期权就成了问题，突破了关键的阈值，从而使买方的利润越来越高。从本质上讲，他们在对冲上的损失比在长期波动敞口上的收益要多。法兴银行的Pintar表示，因此，为了保护自己，交易商开始买入波动性更大的产品。还有其他分析人士指出，债务供应动态的变化也加剧了利率波动。巴克莱银行利率策略师Amrut  Nashikkar表示：“供应已经枯竭。与此同时，对波动率的需求有所上升，因为过去几年做多波动率一直是一项不错的交易，而且美联储的行动也存在不确定性。”对一些人来说，随着美联储加息和交易商越来越被迫对冲头寸，投资者继续买入波动率，对更多痛苦可能即将到来的担忧正在加剧。就在上周，掉期交易商提高了对美联储将利率提高到5.25%的预期，这一水平在几个月前几乎是不可想象的。最近，英国的养老金计划也被打了个措手不及：原本从政府债券收益率下跌中获利的衍生品，由于利率飙升而产生了事与愿违的效果。追加保证金的要求助长了英国国债的被迫抛售，这进一步推高了收益率，进而增加了养老金计划需要支付的抵押品。只有英国央行的干预才止住了暴跌。虽然LongTail Alpha的Bhansali认为美国国债没有同样数量级的结构性风险，但他还是看到了潜在的问题。Bhansali表示：“曲线如此倒挂，MOVE指数几乎处于历史高位，这基本上为利率市场出现类似VIX的崩盘做好了完美准备(Bhansali指的是在2018年，衡量美国股市波动率的指标VIX意外飙升)。”尽管有分析师并没有那么悲观，但大多数人都认为，较高的利率波动性将持续下去。三菱日联金融集团美国宏观策略主管George  Goncalves表示：“波动性从根本上是在为我们即将走向的新世界重新定价，这是一个利率更高、通胀不确定性更大的环境。交易商进行的波动性对冲，是为我们目前所处的高波动性环境火上浇油。”","news_type":1,"symbols_score_info":{"ZNmain":0.9}},"isVote":1,"tweetType":1,"viewCount":2357,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9983002382,"gmtCreate":1666102860946,"gmtModify":1676537706448,"author":{"id":"3575790689237418","authorId":"3575790689237418","name":"熊也赚钱","avatar":"https://static.tigerbbs.com/c8904569094dabce050ca2c86654aba6","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3575790689237418","authorIdStr":"3575790689237418"},"themes":[],"htmlText":"[强]&nbsp;[强]&nbsp;[强]&nbsp;","listText":"[强]&nbsp;[强]&nbsp;[强]&nbsp;","text":"[强] [强] [强]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9983002382","repostId":"1122318881","repostType":4,"isVote":1,"tweetType":1,"viewCount":2326,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9931771347,"gmtCreate":1662515718889,"gmtModify":1676537078160,"author":{"id":"3575790689237418","authorId":"3575790689237418","name":"熊也赚钱","avatar":"https://static.tigerbbs.com/c8904569094dabce050ca2c86654aba6","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3575790689237418","authorIdStr":"3575790689237418"},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/TAKOF\">$Drone Delivery CDA Corp(TAKOF)$</a>","listText":"<a href=\"https://ttm.financial/S/TAKOF\">$Drone Delivery CDA Corp(TAKOF)$</a>","text":"$Drone Delivery CDA Corp(TAKOF)$","images":[{"img":"https://community-static.tradeup.com/news/9adaf29c98554afbeec10767c51822ce","width":"1125","height":"1740"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9931771347","isVote":1,"tweetType":1,"viewCount":2308,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":9994458968,"gmtCreate":1661678374359,"gmtModify":1676536560293,"author":{"id":"3575790689237418","authorId":"3575790689237418","name":"熊也赚钱","avatar":"https://static.tigerbbs.com/c8904569094dabce050ca2c86654aba6","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3575790689237418","authorIdStr":"3575790689237418"},"themes":[],"htmlText":"good","listText":"good","text":"good","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9994458968","repostId":"1135834316","repostType":4,"repost":{"id":"1135834316","kind":"news","pubTimestamp":1661523572,"share":"https://ttm.financial/m/news/1135834316?lang=en_US&edition=fundamental","pubTime":"2022-08-26 22:19","market":"us","language":"zh","title":"Eagle! Understand the key points of Powell's speech at Jackson Hole in one article","url":"https://stock-news.laohu8.com/highlight/detail?id=1135834316","media":"Wind资讯","summary":"美联储主席鲍威尔星期五做出了遏制通货膨胀的严厉承诺。他警告说，他预计美联储将继续以一种会给美国经济带来“一些痛苦”的方式加息。在鲍威尔开始讲话后，美股跳水，纳指跌幅1%，道指大跌近200点。鲍威尔在怀","content":"<p><html><head></head><body>Federal Reserve Chairman Jerome Powell made a tough promise Friday to curb inflation. He warned that he expects the Fed to continue its rate hike in a way that will cause \"some pain\" to the U.S. economy.</p><p>After Powell began to speak, U.S. stocks plunged, with the Nasdaq falling 1% and the Dow falling nearly 200 points.</p><p>During his highly anticipated annual policy address in Jackson Hole, Wyoming, Powell reiterated that the Fed will \"use our tools forcefully\" to combat inflation, which is still near its highest level in more than 40 years.</p><p>Powell said that while the Fed has made four consecutive rate hike, totaling a rate hike of 2.25 percentage points, \"there is no room to stop or pause,\" even though the benchmark interest rate may be at a level that is neither stimulating nor restricting economic growth.</p><p>\"While higher interest rates, slower economic growth and a weaker job market will drive down inflation, there will also be some pain for households and businesses,\" he said in his remarks. \"This is the unfortunate price to pay for reducing inflation. But failure to restore price stability will mean even greater pain.\"</p><p>Meanwhile, there are signs that inflation may have peaked, but it is not showing any clear signs of falling. Two closely watched indicators, the consumer price index and the personal consumption expenditures price index, showed little change in prices in July, mainly due to a sharp drop in energy costs.</p><p>Meanwhile, other sectors of the economy are slowing down. The housing market in particular is rapidly declining, and economists expect hiring, which has increased significantly over the past year and a half, could cool down.</p><p>However, Powell cautioned that the Fed is looking at more than just a month or two of data, and it will push ahead until inflation falls close to its long-term target of 2%.</p><p>\"We purposefully adjusted our policy stance to a level sufficient to limit inflation back to 2%,\" he said. Looking forward, he added that \"restoring price stability may require a restrictive policy stance for some time. The historical record puts a strong warning of premature easing.\"</p><p>While Fed leaders, including Powell, often use the Jackson Hole symposium as an opportunity to outline broad policy shifts, he noted in his opening remarks that his \"speech will be shorter, my focus will be narrower, and my message will be more direct.\"</p><p>\"Price stability is the responsibility of the Federal Reserve and the cornerstone of our economy,\" he said. \"Without price stability, the economy is not for anyone.\"</p><p>The Fed is using the lessons learned from the past as a guide for current policy. In particular, Powell pointed to three lessons from inflation 40 years ago for the current Fed: that central banks like the Federal Reserve have a responsibility to manage inflation, that expectations are critical, and that \"we have to persevere until the job is done.\"</p><p>Powell pointed to the failure of the Federal Reserve to act forcefully in the 1970s, which led to the perpetuation of high inflation expectations, which led to the draconian rate hike of the early 1980s. At the time, then-Fed Chairman Paul Volcker dragged the economy into a recession to curb inflation.</p><p>While Powell has repeatedly said he does not believe a U.S. recession is an inevitable outcome, he noted that managing expectations is critical if the Fed is to avoid a Volcker-style outcome.</p><p>In the early 1980s, Powell said, \"to contain high inflation and begin to bring it down to a low and stable level, it ultimately required a long period of very strict monetary policy, a process that didn't become the norm until last spring.\" \"Our goal is to avoid this outcome by taking firm action now.\"</p><p>\"Of course, almost everyone is focused on inflation right now, which highlights a particular risk today: the longer the current round of high inflation persists, the greater the likelihood that expectations of higher inflation will become more entrenched,\" he said.</p><p></body></html></p>","source":"wind","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>Eagle! Understand the key points of Powell's speech at Jackson Hole in one article</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 12.5px; color: #7E829C; margin: 0;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nEagle! Understand the key points of Powell's speech at Jackson Hole in one article\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">Wind资讯</strong><span class=\"h-time small\">2022-08-26 22:19</span>\n</p>\n</h4>\n</header>\n<article>\n<p><html><head></head><body>Federal Reserve Chairman Jerome Powell made a tough promise Friday to curb inflation. He warned that he expects the Fed to continue its rate hike in a way that will cause \"some pain\" to the U.S. economy.</p><p>After Powell began to speak, U.S. stocks plunged, with the Nasdaq falling 1% and the Dow falling nearly 200 points.</p><p>During his highly anticipated annual policy address in Jackson Hole, Wyoming, Powell reiterated that the Fed will \"use our tools forcefully\" to combat inflation, which is still near its highest level in more than 40 years.</p><p>Powell said that while the Fed has made four consecutive rate hike, totaling a rate hike of 2.25 percentage points, \"there is no room to stop or pause,\" even though the benchmark interest rate may be at a level that is neither stimulating nor restricting economic growth.</p><p>\"While higher interest rates, slower economic growth and a weaker job market will drive down inflation, there will also be some pain for households and businesses,\" he said in his remarks. \"This is the unfortunate price to pay for reducing inflation. But failure to restore price stability will mean even greater pain.\"</p><p>Meanwhile, there are signs that inflation may have peaked, but it is not showing any clear signs of falling. Two closely watched indicators, the consumer price index and the personal consumption expenditures price index, showed little change in prices in July, mainly due to a sharp drop in energy costs.</p><p>Meanwhile, other sectors of the economy are slowing down. The housing market in particular is rapidly declining, and economists expect hiring, which has increased significantly over the past year and a half, could cool down.</p><p>However, Powell cautioned that the Fed is looking at more than just a month or two of data, and it will push ahead until inflation falls close to its long-term target of 2%.</p><p>\"We purposefully adjusted our policy stance to a level sufficient to limit inflation back to 2%,\" he said. Looking forward, he added that \"restoring price stability may require a restrictive policy stance for some time. The historical record puts a strong warning of premature easing.\"</p><p>While Fed leaders, including Powell, often use the Jackson Hole symposium as an opportunity to outline broad policy shifts, he noted in his opening remarks that his \"speech will be shorter, my focus will be narrower, and my message will be more direct.\"</p><p>\"Price stability is the responsibility of the Federal Reserve and the cornerstone of our economy,\" he said. \"Without price stability, the economy is not for anyone.\"</p><p>The Fed is using the lessons learned from the past as a guide for current policy. In particular, Powell pointed to three lessons from inflation 40 years ago for the current Fed: that central banks like the Federal Reserve have a responsibility to manage inflation, that expectations are critical, and that \"we have to persevere until the job is done.\"</p><p>Powell pointed to the failure of the Federal Reserve to act forcefully in the 1970s, which led to the perpetuation of high inflation expectations, which led to the draconian rate hike of the early 1980s. At the time, then-Fed Chairman Paul Volcker dragged the economy into a recession to curb inflation.</p><p>While Powell has repeatedly said he does not believe a U.S. recession is an inevitable outcome, he noted that managing expectations is critical if the Fed is to avoid a Volcker-style outcome.</p><p>In the early 1980s, Powell said, \"to contain high inflation and begin to bring it down to a low and stable level, it ultimately required a long period of very strict monetary policy, a process that didn't become the norm until last spring.\" \"Our goal is to avoid this outcome by taking firm action now.\"</p><p>\"Of course, almost everyone is focused on inflation right now, which highlights a particular risk today: the longer the current round of high inflation persists, the greater the likelihood that expectations of higher inflation will become more entrenched,\" he said.</p><p></body></html></p>\n<div class=\"bt-text\">\n\n\n<p> source：<a href=\"https://t.wind.com.cn/mobwftweb/M/news.html?share=wechat&show=wft&shareCode=45590b8720c3be8d1069d5ef3c0d2096&code=EACEC9EC2548&newsopenstyle=original&lan=cn&device=ios&fontsize=normal&related=true&version=22.7.0#/67C0E94E4BD479965E8229A272D6A4DE\">Wind资讯</a></p>\n\n\n</div>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://static.tigerbbs.com/909f0c076f3fff78497a5c9be00e5429","relate_stocks":{".IXIC":"NASDAQ Composite"},"source_url":"https://t.wind.com.cn/mobwftweb/M/news.html?share=wechat&show=wft&shareCode=45590b8720c3be8d1069d5ef3c0d2096&code=EACEC9EC2548&newsopenstyle=original&lan=cn&device=ios&fontsize=normal&related=true&version=22.7.0#/67C0E94E4BD479965E8229A272D6A4DE","is_english":false,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1135834316","content_text":"美联储主席鲍威尔星期五做出了遏制通货膨胀的严厉承诺。他警告说，他预计美联储将继续以一种会给美国经济带来“一些痛苦”的方式加息。在鲍威尔开始讲话后，美股跳水，纳指跌幅1%，道指大跌近200点。鲍威尔在怀俄明州杰克逊霍尔发表备受期待的年度政策讲话时重申，美联储将“强有力地使用我们的工具”来打击仍处于40多年来最高水平附近的通货膨胀。鲍威尔表示，尽管美联储已连续四次加息，总计加息2.25个百分点，但\"没有空间可以停下来或暂停\"，尽管指标利率可能处于对经济成长既不刺激也不限制的水平。他在讲话中表示:“尽管利率上升、经济增长放缓和就业市场疲软将压低通胀，但也会给家庭和企业带来一些痛苦。”“这是降低通胀的不幸代价。但不能恢复价格稳定将意味着更大的痛苦。”与此同时，有迹象显示，通胀可能已经见顶，但没有显示出任何明显的下降迹象。消费者价格指数和个人消费支出价格指数这两个备受关注的指标显示，7月份物价变化不大，主要原因是能源成本大幅下降。与此同时，其他经济领域正在放缓。尤其是房地产市场正在迅速下滑，经济学家预计，过去一年半大幅增加的招聘可能会降温。然而，鲍威尔警告说，美联储关注的不仅仅是一两个月的数据，它将继续推进，直到通胀率下降到接近2%的长期目标。他说:“我们有目的地将我们的政策立场调整到一个足以限制通胀回到2%的水平。”展望未来，他补充说，“恢复物价稳定可能需要在一段时间内保持限制性的政策立场。历史记录对过早放松政策提出了强烈警告。”尽管包括鲍威尔在内的美联储领导人经常利用杰克逊霍尔研讨会的机会概述广泛的政策转变，但他在开场白中指出，他的“讲话将更简短，我的重点将更狭窄，我要传达的信息将更直接。”他说:“物价稳定是美联储的责任，也是我们经济的基石。”“没有价格稳定，经济就不适合任何人。”美联储正在用过去的经验教训作为当前政策的指引。鲍威尔特别指出，40年前的通货膨胀为当前的美联储提供了三个教训:像美联储这样的中央银行有责任管理通货膨胀，预期至关重要，以及“我们必须坚持下去，直到工作完成。”鲍威尔指出，上世纪70年代美联储未能采取有力行动，导致高通胀预期长期存在，从而导致上世纪80年代初的严厉加息。当时，时任美联储主席的沃尔克(Paul Volcker)将经济拖入衰退，以遏制通胀。虽然鲍威尔一再表示，他不认为美国经济衰退是不可避免的结果，但他指出，如果美联储要避免沃尔克式的结果，管理预期是至关重要的。鲍威尔说，在上世纪80年代初，\"为了遏制高通胀，并开始将通胀降至较低且稳定的水平，最终需要一段长时间的非常严格的货币政策，而这一过程直到去年春天才成为常态。\"“我们的目标是通过现在采取坚定行动来避免这种结果。”他说:“当然，目前几乎所有人都在关注通胀，这凸显了今天的一种特殊风险:当前一轮高通胀持续的时间越长，通胀上升预期变得更加根深蒂固的可能性就越大。”","news_type":1,"symbols_score_info":{".IXIC":0.9}},"isVote":1,"tweetType":1,"viewCount":2613,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9990378773,"gmtCreate":1660299337798,"gmtModify":1676533446797,"author":{"id":"3575790689237418","authorId":"3575790689237418","name":"熊也赚钱","avatar":"https://static.tigerbbs.com/c8904569094dabce050ca2c86654aba6","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3575790689237418","authorIdStr":"3575790689237418"},"themes":[],"htmlText":"good","listText":"good","text":"good","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9990378773","repostId":"2258579460","repostType":4,"isVote":1,"tweetType":1,"viewCount":2378,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":180022770,"gmtCreate":1623165326490,"gmtModify":1704197550109,"author":{"id":"3575790689237418","authorId":"3575790689237418","name":"熊也赚钱","avatar":"https://static.tigerbbs.com/c8904569094dabce050ca2c86654aba6","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3575790689237418","authorIdStr":"3575790689237418"},"themes":[],"htmlText":"wwa","listText":"wwa","text":"wwa","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/180022770","repostId":"1180401775","repostType":2,"repost":{"id":"1180401775","kind":"news","weMediaInfo":{"introduction":"为用户提供金融资讯、行情、数据，旨在帮助投资者理解世界，做投资决策。","home_visible":1,"media_name":"老虎资讯综合","id":"102","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"pubTimestamp":1623160529,"share":"https://ttm.financial/m/news/1180401775?lang=en_US&edition=fundamental","pubTime":"2021-06-08 21:55","market":"us","language":"zh","title":"[Change] Retail investors' group stocks soared, and GameStop rose by more than 20%","url":"https://stock-news.laohu8.com/highlight/detail?id=1180401775","media":"老虎资讯综合","summary":"6月8日，散户抱团股集体发力拉升，游戏驿站涨超20%，高斯电子涨超12%，黑莓涨超7%，AMC院线涨近6%。周一，美国证券交易委员会(SEC)表示，正在密切关注MEME股票的疯狂交易，以确保市场稳定。","content":"<p>On June 8, retail investors' group stocks collectively made efforts to pull up.<a href=\"https://laohu8.com/S/GME\">GameStop</a>Up more than 20%,<a href=\"https://laohu8.com/S/KOSS\">Gaussian electron</a>Rose more than 12%,<a href=\"https://laohu8.com/S/BBRY\">Blackberry</a>Rose more than 7%,<a href=\"https://laohu8.com/S/AMC\">AMC Cinemas</a>Up nearly 6%.</p><p>On Monday, the U.S. Securities and Exchange Commission (SEC) said it was closely monitoring the frenzied trading of MEME stock to ensure market stability. Some brokerages have taken action to increase the margin requirements for AMC Cinemas and GameStop to 100%, which means investors need to buy these two securities with cash.</p><p><img src=\"https://static.tigerbbs.com/98e0075756d5292a3b8bcd86e1085893\" tg-width=\"840\" tg-height=\"470\" referrerpolicy=\"no-referrer\"></p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>[Change] Retail investors' group stocks soared, and GameStop rose by more than 20%</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 12.5px; color: #7E829C; margin: 0;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\n[Change] Retail investors' group stocks soared, and GameStop rose by more than 20%\n</h2>\n<h4 class=\"meta\">\n<a class=\"head\" href=\"https://laohu8.com/wemedia/102\">\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">老虎资讯综合 </p>\n<p class=\"h-time smaller\">2021-06-08 21:55</p>\n</div>\n</a>\n</h4>\n</header>\n<article>\n<p>On June 8, retail investors' group stocks collectively made efforts to pull up.<a href=\"https://laohu8.com/S/GME\">GameStop</a>Up more than 20%,<a href=\"https://laohu8.com/S/KOSS\">Gaussian electron</a>Rose more than 12%,<a href=\"https://laohu8.com/S/BBRY\">Blackberry</a>Rose more than 7%,<a href=\"https://laohu8.com/S/AMC\">AMC Cinemas</a>Up nearly 6%.</p><p>On Monday, the U.S. Securities and Exchange Commission (SEC) said it was closely monitoring the frenzied trading of MEME stock to ensure market stability. Some brokerages have taken action to increase the margin requirements for AMC Cinemas and GameStop to 100%, which means investors need to buy these two securities with cash.</p><p><img src=\"https://static.tigerbbs.com/98e0075756d5292a3b8bcd86e1085893\" tg-width=\"840\" tg-height=\"470\" referrerpolicy=\"no-referrer\"></p>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://static.tigerbbs.com/2946b9cd4befcf808691bc00a8ecb1be","relate_stocks":{"GME":"游戏驿站"},"is_english":false,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1180401775","content_text":"6月8日，散户抱团股集体发力拉升，游戏驿站涨超20%，高斯电子涨超12%，黑莓涨超7%，AMC院线涨近6%。周一，美国证券交易委员会(SEC)表示，正在密切关注MEME股票的疯狂交易，以确保市场稳定。有券商已经采取行动，将AMC院线和游戏驿站的保证金要求提高到100%，这意味着投资者需要用现金购买这两只证券。","news_type":1,"symbols_score_info":{"GME":0.9}},"isVote":1,"tweetType":1,"viewCount":3063,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":350823189,"gmtCreate":1616189278541,"gmtModify":1704791984933,"author":{"id":"3575790689237418","authorId":"3575790689237418","name":"熊也赚钱","avatar":"https://static.tigerbbs.com/c8904569094dabce050ca2c86654aba6","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3575790689237418","authorIdStr":"3575790689237418"},"themes":[],"htmlText":"ready to fly","listText":"ready to fly","text":"ready to fly","images":[{"img":"https://static.tigerbbs.com/a14071b7bd6a9fc90bb4d98c5cb46176","width":"1125","height":"2523"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/350823189","isVote":1,"tweetType":1,"viewCount":2679,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":365634580,"gmtCreate":1614733920940,"gmtModify":1704774557916,"author":{"id":"3575790689237418","authorId":"3575790689237418","name":"熊也赚钱","avatar":"https://static.tigerbbs.com/c8904569094dabce050ca2c86654aba6","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3575790689237418","authorIdStr":"3575790689237418"},"themes":[],"htmlText":"just start flying！","listText":"just start flying！","text":"just start flying！","images":[{"img":"https://static.tigerbbs.com/31e360201507ab11c82f73c8c71b837e","width":"1125","height":"2442"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/365634580","isVote":1,"tweetType":1,"viewCount":816,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":360518850,"gmtCreate":1613955573270,"gmtModify":1704886082371,"author":{"id":"3575790689237418","authorId":"3575790689237418","name":"熊也赚钱","avatar":"https://static.tigerbbs.com/c8904569094dabce050ca2c86654aba6","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3575790689237418","authorIdStr":"3575790689237418"},"themes":[],"htmlText":"great potential，long run","listText":"great potential，long run","text":"great potential，long run","images":[{"img":"https://static.tigerbbs.com/b7549e383fc6b50f973981d598dc67be","width":"1125","height":"2279"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/360518850","isVote":1,"tweetType":1,"viewCount":722,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0}],"lives":[]}