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XiaoYao86

XiaoYao86

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2021-06-17

Great ariticle, would you like to share it?

@巴伦周刊:1000美元一年炒到500萬！草根股神的成功能複製嗎？

2021-06-17

Great ariticle, would you like to share it?

@小虎活动:【老虎7週年】集卡瓜分百萬獎金

2021-06-17

Hmmm, think it goes boom soon

2021-06-16

Very good! Total support! cost to raise a child in China is higher than most of the other countries. Pressure on kids are huge as well!

Sorry, the original content has been removed

2021-06-02

$AMC Entertainment(AMC)$ DOESNT FILL THE ORDER ON TIGER BROKER....

2021-05-15

Hip

@Buy_Sell:【5月5日】今天有什麼交易計劃？

2021-05-15

Bubblesssss

@华商韬略:華爾街又瘋了！美國人可能正在製造人類史上最大的金融泡沫

2021-05-15

Up

Sorry, the original content has been removed

2021-05-15

Amc will blow up or down?

2021-05-07

Great ariticle, would you like to share it?

@胖虎哒哒:【轉】77歲日本富豪交往4000名美女，娶AV嫩妻3個月後暴斃家中，如今終破案…

2021-05-07

Great ariticle, would you like to share it?

@价值投资为王:蘋果賺嗨了，新一季財報震驚華爾街！

2021-05-07

Great ariticle, would you like to share it?

@走马财经:怎麼看美團被反壟斷立案調查

2021-03-22

i need a like and a comment on my comment, thx! =)

Facebook disables 1.3 billion fake accounts in Oct-Dec last year

2021-03-20

Bad mood

2021-03-19

Red days are good as well $$$

2021-03-17

Please like and comment on my comment! Thx =)

Larry McDonald Warns "The Big [Market] Quake Is Coming"

2021-03-15

need a like

AMC’s Chinese Owner Gives Up Control Over World’s Largest Cinema Chain

2021-03-15

Getting ready for the week

Go to Tiger App to see more news

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Newell)給自己設定了一項重大挑戰——他要在股市當中將1000美元的初始資金炒到500萬美元，同時在網上記錄自己的全部交易。2020年12月23日，他成功了。 “我甚至連大學學位都還沒拿到。”紐威爾看待自己很是客觀，“我高中的平均成績點（GPA）是2.3，到了大學也就是2.5的樣子。總之，我可不是什麼天才或者了不起的人物，我只是找到了自己喜歡做的事情。” 一位朋友教會了紐威爾炒股，並將他帶到了全美散戶重要集結地Robinhood。見到炒股門檻如此之低，紐威爾覺得自己不妨一試。 “我敢說，如果不是因爲Robinhood，我是不會開始交易的，因爲我打死也不願意支付佣金。”紐威爾表示，“在我看來，那就是不該存在的東西。” 在剛剛開始炒股的時候，紐威爾甚至都不知道自己在做什麼，很快就虧掉了9500美元，大約相當於全部財產的一半——這裏麪包括父母給的錢，以及自己早年打零工的一點積蓄。 在投入了大量的時間自學市場知識和歷史趨勢之後，紐威爾2019年11月重新上路了，而這次，他只投入了1000美元。大約一年後，他三個賬戶當中的財富總規模就達到了500萬美元左右。他最主要的投資策略就是根據動能進行日間交易，比如買進上漲股票，賣出下跌股票來追逐趨勢。 紐威爾相信，自己的成功，其實其他人也完全可以複製，因此他現在已經開始在網上教別人炒股了。只是，他的方法不見得就適合所有人——","listText":"在剛剛開始炒股的時候，紐威爾甚至都不知道自己在做什麼，很快就虧掉了9500美元，大約相當於全部財產的一半。在投入了大量的時間自學市場知識和歷史趨勢之後，紐威爾2019年11月重新上路了，而這次，他只投入了1000美元。大約一年後，他三個賬戶當中的財富總規模就達到了500萬美元左右。他最主要的投資策略就是根據動能進行日間交易，比如買進上漲股票，賣出下跌股票來追逐趨勢。 ” 2019年11月25日，紐威爾(Cameron Newell)給自己設定了一項重大挑戰——他要在股市當中將1000美元的初始資金炒到500萬美元，同時在網上記錄自己的全部交易。2020年12月23日，他成功了。 “我甚至連大學學位都還沒拿到。”紐威爾看待自己很是客觀，“我高中的平均成績點（GPA）是2.3，到了大學也就是2.5的樣子。總之，我可不是什麼天才或者了不起的人物，我只是找到了自己喜歡做的事情。” 一位朋友教會了紐威爾炒股，並將他帶到了全美散戶重要集結地Robinhood。見到炒股門檻如此之低，紐威爾覺得自己不妨一試。 “我敢說，如果不是因爲Robinhood，我是不會開始交易的，因爲我打死也不願意支付佣金。”紐威爾表示，“在我看來，那就是不該存在的東西。” 在剛剛開始炒股的時候，紐威爾甚至都不知道自己在做什麼，很快就虧掉了9500美元，大約相當於全部財產的一半——這裏麪包括父母給的錢，以及自己早年打零工的一點積蓄。 在投入了大量的時間自學市場知識和歷史趨勢之後，紐威爾2019年11月重新上路了，而這次，他只投入了1000美元。大約一年後，他三個賬戶當中的財富總規模就達到了500萬美元左右。他最主要的投資策略就是根據動能進行日間交易，比如買進上漲股票，賣出下跌股票來追逐趨勢。 紐威爾相信，自己的成功，其實其他人也完全可以複製，因此他現在已經開始在網上教別人炒股了。只是，他的方法不見得就適合所有人——","text":"在剛剛開始炒股的時候，紐威爾甚至都不知道自己在做什麼，很快就虧掉了9500美元，大約相當於全部財產的一半。在投入了大量的時間自學市場知識和歷史趨勢之後，紐威爾2019年11月重新上路了，而這次，他只投入了1000美元。大約一年後，他三個賬戶當中的財富總規模就達到了500萬美元左右。他最主要的投資策略就是根據動能進行日間交易，比如買進上漲股票，賣出下跌股票來追逐趨勢。 ” 2019年11月25日，紐威爾(Cameron Newell)給自己設定了一項重大挑戰——他要在股市當中將1000美元的初始資金炒到500萬美元，同時在網上記錄自己的全部交易。2020年12月23日，他成功了。 “我甚至連大學學位都還沒拿到。”紐威爾看待自己很是客觀，“我高中的平均成績點（GPA）是2.3，到了大學也就是2.5的樣子。總之，我可不是什麼天才或者了不起的人物，我只是找到了自己喜歡做的事情。” 一位朋友教會了紐威爾炒股，並將他帶到了全美散戶重要集結地Robinhood。見到炒股門檻如此之低，紐威爾覺得自己不妨一試。 “我敢說，如果不是因爲Robinhood，我是不會開始交易的，因爲我打死也不願意支付佣金。”紐威爾表示，“在我看來，那就是不該存在的東西。” 在剛剛開始炒股的時候，紐威爾甚至都不知道自己在做什麼，很快就虧掉了9500美元，大約相當於全部財產的一半——這裏麪包括父母給的錢，以及自己早年打零工的一點積蓄。 在投入了大量的時間自學市場知識和歷史趨勢之後，紐威爾2019年11月重新上路了，而這次，他只投入了1000美元。大約一年後，他三個賬戶當中的財富總規模就達到了500萬美元左右。他最主要的投資策略就是根據動能進行日間交易，比如買進上漲股票，賣出下跌股票來追逐趨勢。 紐威爾相信，自己的成功，其實其他人也完全可以複製，因此他現在已經開始在網上教別人炒股了。只是，他的方法不見得就適合所有人——","images":[{"img":"https://static.tigerbbs.com/5868a8e86f5647c183d405b4c47ebbca"}],"top":1,"highlighted":2,"essential":1,"paper":2,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/115854315","isVote":1,"tweetType":1,"viewCount":0,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"CN","totalScore":0},"isVote":1,"tweetType":1,"viewCount":610,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":161761745,"gmtCreate":1623940937887,"gmtModify":1703824161177,"author":{"id":"3578112136424524","authorId":"3578112136424524","name":"XiaoYao86","avatar":"https://static.tigerbbs.com/2f4234838d17faf2cd6d8d212d0f0ca4","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3578112136424524","authorIdStr":"3578112136424524"},"themes":[],"htmlText":"Great ariticle, would you like to share it?","listText":"Great ariticle, would you like to share it?","text":"Great ariticle, would you like to share it?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/161761745","repostId":"114899451","repostType":1,"repost":{"id":114899451,"gmtCreate":1623063308869,"gmtModify":1704195267674,"author":{"id":"36984908995200","authorId":"36984908995200","name":"小虎活动","avatar":"https://static.tigerbbs.com/44a4f89726b3f6319d06a0075bf9ff76","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"36984908995200","authorIdStr":"36984908995200"},"themes":[],"title":"【老虎7週年】集卡瓜分百萬獎金","htmlText":"老虎7週年給大家發福利了，集齊TIGER五個字母即有機會瓜分百萬獎金，你準備好了嗎？ <a href=\"https://www.itiger.com/activity/market/2021/7th-anniversary?lang=zh_CN\" target=\"_blank\">戳我即可參與活動</a> &#x1;如何參與？ 用戶可通過完成活動頁面展示的當日任務列表來獲得字母卡，每完成一個任務即可隨機獲得一個字母，用戶集齊“TIGER”五個字母即可參與瓜分百萬股票代金券，每個用戶單日最多可獲得20張字母卡（不包括好友贈予和魔法卡）。 用戶在活動期間邀請累計7名好友完成註冊並開戶（註冊時間和開戶時間均在活動期間），即可獲得一張魔法卡（每人僅可獲得一張魔法卡）。魔法卡可用於兌換TIGER中的任意一個字母。&#x1;如果用戶的某一字母卡數量爲0，則字母卡爲灰色，用戶可通過點擊灰色的字母卡向好友索要卡片；如果用戶的字母卡數量大於0，則字母卡爲彩色，用戶可通過點擊彩色的字母卡向好友贈送卡片。當用戶集齊TIGER之後將無法再索要卡片或者贈送卡片。 &#x1; &#x1;如何獲得獎勵？ 用戶可在2021年7月1日至2021年7月2日期間進行開獎，所有集齊TIGER的客戶可點擊活動頁面的“開獎”按鈕，即可查看自己瓜分到的股票代金券獎勵。在開獎時間段內未點擊開獎的用戶將無法獲得獎勵。&#x1; 獎勵發放： 股票代金券將在開獎後的1個工作日內發放至用戶的獎勵中心，用戶需要在獎勵發放後的20天內前往【Tiger Trade APP &gt; 我的 &gt; 活動獎勵】領取，過期未領取的獎勵將自動失效。 重要提示： 本次7週年活動涉及不同國家和地區，由於各地區的監管要求不同，不同地區的活動獎勵會有所區別。欲知詳情，請點擊下方活動鏈接，登陸您的賬號，並點擊“活動規則“查看詳情。","listText":"老虎7週年給大家發福利了，集齊TIGER五個字母即有機會瓜分百萬獎金，你準備好了嗎？ <a href=\"https://www.itiger.com/activity/market/2021/7th-anniversary?lang=zh_CN\" target=\"_blank\">戳我即可參與活動</a> &#x1;如何參與？ 用戶可通過完成活動頁面展示的當日任務列表來獲得字母卡，每完成一個任務即可隨機獲得一個字母，用戶集齊“TIGER”五個字母即可參與瓜分百萬股票代金券，每個用戶單日最多可獲得20張字母卡（不包括好友贈予和魔法卡）。 用戶在活動期間邀請累計7名好友完成註冊並開戶（註冊時間和開戶時間均在活動期間），即可獲得一張魔法卡（每人僅可獲得一張魔法卡）。魔法卡可用於兌換TIGER中的任意一個字母。&#x1;如果用戶的某一字母卡數量爲0，則字母卡爲灰色，用戶可通過點擊灰色的字母卡向好友索要卡片；如果用戶的字母卡數量大於0，則字母卡爲彩色，用戶可通過點擊彩色的字母卡向好友贈送卡片。當用戶集齊TIGER之後將無法再索要卡片或者贈送卡片。 &#x1; &#x1;如何獲得獎勵？ 用戶可在2021年7月1日至2021年7月2日期間進行開獎，所有集齊TIGER的客戶可點擊活動頁面的“開獎”按鈕，即可查看自己瓜分到的股票代金券獎勵。在開獎時間段內未點擊開獎的用戶將無法獲得獎勵。&#x1; 獎勵發放： 股票代金券將在開獎後的1個工作日內發放至用戶的獎勵中心，用戶需要在獎勵發放後的20天內前往【Tiger Trade APP &gt; 我的 &gt; 活動獎勵】領取，過期未領取的獎勵將自動失效。 重要提示： 本次7週年活動涉及不同國家和地區，由於各地區的監管要求不同，不同地區的活動獎勵會有所區別。欲知詳情，請點擊下方活動鏈接，登陸您的賬號，並點擊“活動規則“查看詳情。","text":"老虎7週年給大家發福利了，集齊TIGER五個字母即有機會瓜分百萬獎金，你準備好了嗎？ 戳我即可參與活動 \u0001如何參與？ 用戶可通過完成活動頁面展示的當日任務列表來獲得字母卡，每完成一個任務即可隨機獲得一個字母，用戶集齊“TIGER”五個字母即可參與瓜分百萬股票代金券，每個用戶單日最多可獲得20張字母卡（不包括好友贈予和魔法卡）。 用戶在活動期間邀請累計7名好友完成註冊並開戶（註冊時間和開戶時間均在活動期間），即可獲得一張魔法卡（每人僅可獲得一張魔法卡）。魔法卡可用於兌換TIGER中的任意一個字母。\u0001如果用戶的某一字母卡數量爲0，則字母卡爲灰色，用戶可通過點擊灰色的字母卡向好友索要卡片；如果用戶的字母卡數量大於0，則字母卡爲彩色，用戶可通過點擊彩色的字母卡向好友贈送卡片。當用戶集齊TIGER之後將無法再索要卡片或者贈送卡片。 \u0001 \u0001如何獲得獎勵？ 用戶可在2021年7月1日至2021年7月2日期間進行開獎，所有集齊TIGER的客戶可點擊活動頁面的“開獎”按鈕，即可查看自己瓜分到的股票代金券獎勵。在開獎時間段內未點擊開獎的用戶將無法獲得獎勵。\u0001 獎勵發放： 股票代金券將在開獎後的1個工作日內發放至用戶的獎勵中心，用戶需要在獎勵發放後的20天內前往【Tiger Trade APP > 我的 > 活動獎勵】領取，過期未領取的獎勵將自動失效。 重要提示： 本次7週年活動涉及不同國家和地區，由於各地區的監管要求不同，不同地區的活動獎勵會有所區別。欲知詳情，請點擊下方活動鏈接，登陸您的賬號，並點擊“活動規則“查看詳情。","images":[{"img":"https://static.tigerbbs.com/fd956a9c2fc9ee609753ae5f967072a7","width":"415","height":"616"},{"img":"https://static.tigerbbs.com/92e88357b534f504b3088bc22f577a83","width":"415","height":"326"},{"img":"https://static.tigerbbs.com/fe0400cc487fb56f85d401ab03df4d5e","width":"415","height":"356"}],"top":1,"highlighted":2,"essential":1,"paper":2,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/114899451","isVote":1,"tweetType":1,"viewCount":0,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":8,"langContent":"CN","totalScore":0},"isVote":1,"tweetType":1,"viewCount":597,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":161769138,"gmtCreate":1623940868724,"gmtModify":1703824156400,"author":{"id":"3578112136424524","authorId":"3578112136424524","name":"XiaoYao86","avatar":"https://static.tigerbbs.com/2f4234838d17faf2cd6d8d212d0f0ca4","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3578112136424524","authorIdStr":"3578112136424524"},"themes":[],"htmlText":"Hmmm, think it goes boom soon","listText":"Hmmm, think it goes boom soon","text":"Hmmm, think it goes boom soon","images":[{"img":"https://static.tigerbbs.com/44e0c70e248c50fc99d7c2beb2a93451","width":"1125","height":"2262"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/161769138","isVote":1,"tweetType":1,"viewCount":562,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":163026894,"gmtCreate":1623854107318,"gmtModify":1703821542148,"author":{"id":"3578112136424524","authorId":"3578112136424524","name":"XiaoYao86","avatar":"https://static.tigerbbs.com/2f4234838d17faf2cd6d8d212d0f0ca4","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3578112136424524","authorIdStr":"3578112136424524"},"themes":[],"htmlText":"Very good! Total support!&nbsp;cost to raise a child in&nbsp; China is higher than most of the other countries. Pressure on kids are huge as well!","listText":"Very good! Total support!&nbsp;cost to raise a child in&nbsp; China is higher than most of the other countries. Pressure on kids are huge as well!","text":"Very good! Total support! cost to raise a child in China is higher than most of the other countries. Pressure on kids are huge as well!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/163026894","repostId":"2143497767","repostType":4,"isVote":1,"tweetType":1,"viewCount":651,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":113255276,"gmtCreate":1622621943095,"gmtModify":1704187489675,"author":{"id":"3578112136424524","authorId":"3578112136424524","name":"XiaoYao86","avatar":"https://static.tigerbbs.com/2f4234838d17faf2cd6d8d212d0f0ca4","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3578112136424524","authorIdStr":"3578112136424524"},"themes":[],"htmlText":"<a target=\"_blank\" href=\"https://laohu8.com/S/AMC\">$AMC Entertainment(AMC)$</a> DOESNT FILL THE ORDER ON TIGER BROKER....","listText":"<a target=\"_blank\" href=\"https://laohu8.com/S/AMC\">$AMC Entertainment(AMC)$</a> DOESNT FILL THE ORDER ON TIGER 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href=\"https://laohu8.com/S/09988\">$阿里巴巴-SW(09988)$</a> 、<a target=\"_blank\" href=\"https://laohu8.com/S/09618\">$京東集團-SW(09618)$</a> 、<a target=\"_blank\" href=\"https://laohu8.com/S/01024\">$快手-W(01024)$</a> 、<a target=\"_blank\" href=\"https://laohu8.com/S/01810\">$小米集團-W(01810)$</a> 等悉數下挫。 港股新能源汽車及產業鏈個股全線下跌，<a target=\"_blank\" href=\"https://laohu8.com/S/01211\">$比亞迪股份(01211)$</a> 跌2%，<a target=\"_blank\" href=\"https://laohu8.com/S/01316\">$耐世特(01316)$</a> 跌1.9%，贛鋒鋰業跌1.9%，長城汽車跌1.7%，吉利汽車跌1.5%。 港股醫藥股多數下跌，<a target=\"_blank\" href=\"https://laohu8.com/S/06160\">$百濟神州(06160)$</a> 跌6.8%，<a target=\"_blank\" href=\"https://laohu8.com/S/02196\">$復星醫藥(02196)</a>","text":"聊聊今日份的交易想法，包括對於大盤走勢後續的看法？看漲/看跌哪隻股票、曬曬單等等。 港股市場 5月5日，恆生指數開盤下跌129.47點，跌幅0.45%；國企指數開盤下跌58.21點，跌幅0.54%；紅籌指數開盤上漲5.22點，漲幅0.13%。 恆生科技指數低開1.25%，$阿里巴巴-SW(09988)$ 、$京東集團-SW(09618)$ 、$快手-W(01024)$ 、$小米集團-W(01810)$ 等悉數下挫。 港股新能源汽車及產業鏈個股全線下跌，$比亞迪股份(01211)$ 跌2%，$耐世特(01316)$ 跌1.9%，贛鋒鋰業跌1.9%，長城汽車跌1.7%，吉利汽車跌1.5%。 港股醫藥股多數下跌，$百濟神州(06160)$ 跌6.8%，$復星醫藥(02196)","images":[{"img":"https://static.tigerbbs.com/46cb9a6b48234cd7c8ba9586e174309c","width":"311","height":"268"}],"top":1,"highlighted":2,"essential":2,"paper":2,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/102196635","isVote":1,"tweetType":1,"viewCount":0,"authorTweetTopStatus":1,"verified":1,"subType":2,"comments":[],"imageCount":2,"langContent":"CN","totalScore":0},"isVote":1,"tweetType":1,"viewCount":363,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":196513921,"gmtCreate":1621072658563,"gmtModify":1704352693693,"author":{"id":"3578112136424524","authorId":"3578112136424524","name":"XiaoYao86","avatar":"https://static.tigerbbs.com/2f4234838d17faf2cd6d8d212d0f0ca4","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3578112136424524","authorIdStr":"3578112136424524"},"themes":[],"htmlText":"Bubblesssss","listText":"Bubblesssss","text":"Bubblesssss","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/196513921","repostId":"102877957","repostType":1,"repost":{"id":102877957,"gmtCreate":1620201493779,"gmtModify":1704340111547,"author":{"id":"3524105760314666","authorId":"3524105760314666","name":"华商韬略","avatar":"https://static.tigerbbs.com/fbcbbcdfdd125576e4d9038a38b0dc86","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3524105760314666","authorIdStr":"3524105760314666"},"themes":[],"title":"華爾街又瘋了！美國人可能正在製造人類史上最大的金融泡沫","htmlText":"這是一場名人與瘋狂美股的共謀。文丨華商韜略 周瑞華這場虛妄的資本盛宴，會是美股的“泡沫之王”嗎？【賈躍亭的新道具】今年1月28日，繼傳出牽手珠海國資委，聯合吉利造車的消息後，遠在大洋彼岸的賈躍亭再放一條重磅消息：法拉第未來（FF）將正式在美股上市，估值34億美元。▲賈躍亭 圖片來源：FF如果它能成真，可謂是賈躍亭遠遁美國以來最大的好消息。7年來，他All in法拉第未來，但卻越來越像一個笑話。和FF同時期成立的蔚來、小鵬汽車，都已在美上市，市值躋身全球級車企排行榜，轟轟烈烈地開始量產，交付新車，而早已發佈FF91概念車的FF，至今沒有一輛新車上市，且量產遙遙無期。FF91遲遲不能量產，主要還是沒錢。7年來FF已花掉超過400億元資金，但沒有新車交付就沒有進賬，公司至今顆粒無收。在宣佈上市消息前，FF的賬上，只剩下112萬元現金。這樣一家公司，憑什麼信誓旦旦地宣佈上市，甚至還提前給出了估值？因爲向來愛追風逐浪，而且資本玩得嫺熟的賈躍亭，又找到了一種玩資本的新方式——SPAC，而它也是美國資本市場去年以來的最大風口。▲2019年-2020年各季度SPAC數據 數據來源：FactsetSPAC（Special Purpose Acquisition Company），即特殊目的收購公司，是美國和倫敦資本市場特有的上市形式，通常由知名投資人和企業家牽頭成立。SPAC公司只有現金，沒有實際經營業務，它創建的唯一目的，就是上市後收購一家有實際經營業務的非上市公司，讓被收購公司無需通過IPO即可上市。從某方面來說，它很像大家更熟悉的借殼上市的翻版，只不過比借殼上市玩得更野，它是一開始就以殼上市，一上來就擺明自己是個殼公司。由於上市時，公司連自己到底要收購什麼公司、做什麼業務、會成爲一傢什麼公司統統都不清楚，投資者就更不清楚，SPAC也因此被稱作“金融盲盒”。2020年，實體經濟重挫，但美","listText":"這是一場名人與瘋狂美股的共謀。文丨華商韜略 周瑞華這場虛妄的資本盛宴，會是美股的“泡沫之王”嗎？【賈躍亭的新道具】今年1月28日，繼傳出牽手珠海國資委，聯合吉利造車的消息後，遠在大洋彼岸的賈躍亭再放一條重磅消息：法拉第未來（FF）將正式在美股上市，估值34億美元。▲賈躍亭 圖片來源：FF如果它能成真，可謂是賈躍亭遠遁美國以來最大的好消息。7年來，他All 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in法拉第未來，但卻越來越像一個笑話。和FF同時期成立的蔚來、小鵬汽車，都已在美上市，市值躋身全球級車企排行榜，轟轟烈烈地開始量產，交付新車，而早已發佈FF91概念車的FF，至今沒有一輛新車上市，且量產遙遙無期。FF91遲遲不能量產，主要還是沒錢。7年來FF已花掉超過400億元資金，但沒有新車交付就沒有進賬，公司至今顆粒無收。在宣佈上市消息前，FF的賬上，只剩下112萬元現金。這樣一家公司，憑什麼信誓旦旦地宣佈上市，甚至還提前給出了估值？因爲向來愛追風逐浪，而且資本玩得嫺熟的賈躍亭，又找到了一種玩資本的新方式——SPAC，而它也是美國資本市場去年以來的最大風口。▲2019年-2020年各季度SPAC數據 數據來源：FactsetSPAC（Special Purpose Acquisition 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will blow up or down?","listText":"Amc will blow up or down?","text":"Amc will blow up or down?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/196519570","isVote":1,"tweetType":1,"viewCount":399,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":105473989,"gmtCreate":1620324977441,"gmtModify":1704342000226,"author":{"id":"3578112136424524","authorId":"3578112136424524","name":"XiaoYao86","avatar":"https://static.tigerbbs.com/2f4234838d17faf2cd6d8d212d0f0ca4","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3578112136424524","authorIdStr":"3578112136424524"},"themes":[],"htmlText":"Great ariticle, would you like to share it?","listText":"Great ariticle, would you like to share it?","text":"Great ariticle, would you like to share it?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/105473989","repostId":"103348062","repostType":1,"repost":{"id":103348062,"gmtCreate":1619751041453,"gmtModify":1704271848602,"author":{"id":"3510558082622800","authorId":"3510558082622800","name":"胖虎哒哒","avatar":"https://static.tigerbbs.com/75b95d9326c02813b7b87ba8c1eccb5a","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3510558082622800","authorIdStr":"3510558082622800"},"themes":[],"title":"【轉】77歲日本富豪交往4000名美女，娶AV嫩妻3個月後暴斃家中，如今終破案…","htmlText":"2018年5月24日晚上，日本和歌山縣田邊市發生一起命案。 77歲的富豪野崎幸助在自己家中突然身亡，經查死因爲急性興奮劑中毒。 當時，家中還有另外兩人—— 一位是與野崎幸助結婚僅僅3個多月的22歲嬌妻須藤早貴， 還有一位是與野崎幸助有着約20年交情、負責照顧他生活的66歲家政婦阿姨。 案件發生後，日本警方隨即展開調查，但一時難以找到有力的證據。 如今案發3年後，警方於今天4月28日以涉嫌殺人和違反興奮劑取締法逮捕了須藤早貴。 有關77歲富豪縱情聲色的一生，及其暴斃後的案件調查情況，我們從頭說起。 【從普通人家走出的“紀州唐璜” 砸30億日元和4000名女性發生關係】 野崎幸助於1941年出生於和歌山縣田邊市，家**有7個孩子，他在男孩中排行老三。 家裏經營着酒坊生意，日子過得並不寬裕。 在當時的環境下，很多孩子都是初中畢業後就開始工作。 野崎幸助也不例外，初中畢業後他就做過撿拾廢鐵、上門推銷酒品、金融業等各種各樣的工作。 當時，避孕套還屬於稀奇物品，賣這個來錢快。 於是立志成爲富豪的野崎幸助，就做起了上門推銷避孕套的工作。 在2016年12月出版的《紀州的唐璜 爲4000名美女花費30億日元的男人》一書中，記述了這麼一個誇張的細節。 野崎幸助當初上門推銷避孕套的時候，時常會選擇丈夫出門的家庭，以主婦爲對象進行“實際演示”促銷。 年僅20多歲的野崎幸助，憑着又動腦又動身體，月收入達到了當時上班族的3倍水平。 通過推銷避孕套賺了第一桶金，後來野崎幸助又把錢轉到放貸行業。 由此，野崎幸助正式走上暴富之路，成爲當地小有名氣的富豪。 與此同時，他也開始出入各地的高級俱樂部，毫不吝惜把錢砸在女人身上。 爲了“色慾”不惜代價，是他早早就確立的人生“哲學”。 據知情人士透露，野崎幸助每次給陪伴過夜的女性都是30~40萬日元（約合人民幣1.8萬~2.4萬元），這個價位比一些日本上班族的月薪還","listText":"2018年5月24日晚上，日本和歌山縣田邊市發生一起命案。 77歲的富豪野崎幸助在自己家中突然身亡，經查死因爲急性興奮劑中毒。 當時，家中還有另外兩人—— 一位是與野崎幸助結婚僅僅3個多月的22歲嬌妻須藤早貴， 還有一位是與野崎幸助有着約20年交情、負責照顧他生活的66歲家政婦阿姨。 案件發生後，日本警方隨即展開調查，但一時難以找到有力的證據。 如今案發3年後，警方於今天4月28日以涉嫌殺人和違反興奮劑取締法逮捕了須藤早貴。 有關77歲富豪縱情聲色的一生，及其暴斃後的案件調查情況，我們從頭說起。 【從普通人家走出的“紀州唐璜” 砸30億日元和4000名女性發生關係】 野崎幸助於1941年出生於和歌山縣田邊市，家**有7個孩子，他在男孩中排行老三。 家裏經營着酒坊生意，日子過得並不寬裕。 在當時的環境下，很多孩子都是初中畢業後就開始工作。 野崎幸助也不例外，初中畢業後他就做過撿拾廢鐵、上門推銷酒品、金融業等各種各樣的工作。 當時，避孕套還屬於稀奇物品，賣這個來錢快。 於是立志成爲富豪的野崎幸助，就做起了上門推銷避孕套的工作。 在2016年12月出版的《紀州的唐璜 爲4000名美女花費30億日元的男人》一書中，記述了這麼一個誇張的細節。 野崎幸助當初上門推銷避孕套的時候，時常會選擇丈夫出門的家庭，以主婦爲對象進行“實際演示”促銷。 年僅20多歲的野崎幸助，憑着又動腦又動身體，月收入達到了當時上班族的3倍水平。 通過推銷避孕套賺了第一桶金，後來野崎幸助又把錢轉到放貸行業。 由此，野崎幸助正式走上暴富之路，成爲當地小有名氣的富豪。 與此同時，他也開始出入各地的高級俱樂部，毫不吝惜把錢砸在女人身上。 爲了“色慾”不惜代價，是他早早就確立的人生“哲學”。 據知情人士透露，野崎幸助每次給陪伴過夜的女性都是30~40萬日元（約合人民幣1.8萬~2.4萬元），這個價位比一些日本上班族的月薪還","text":"2018年5月24日晚上，日本和歌山縣田邊市發生一起命案。 77歲的富豪野崎幸助在自己家中突然身亡，經查死因爲急性興奮劑中毒。 當時，家中還有另外兩人—— 一位是與野崎幸助結婚僅僅3個多月的22歲嬌妻須藤早貴， 還有一位是與野崎幸助有着約20年交情、負責照顧他生活的66歲家政婦阿姨。 案件發生後，日本警方隨即展開調查，但一時難以找到有力的證據。 如今案發3年後，警方於今天4月28日以涉嫌殺人和違反興奮劑取締法逮捕了須藤早貴。 有關77歲富豪縱情聲色的一生，及其暴斃後的案件調查情況，我們從頭說起。 【從普通人家走出的“紀州唐璜” 砸30億日元和4000名女性發生關係】 野崎幸助於1941年出生於和歌山縣田邊市，家**有7個孩子，他在男孩中排行老三。 家裏經營着酒坊生意，日子過得並不寬裕。 在當時的環境下，很多孩子都是初中畢業後就開始工作。 野崎幸助也不例外，初中畢業後他就做過撿拾廢鐵、上門推銷酒品、金融業等各種各樣的工作。 當時，避孕套還屬於稀奇物品，賣這個來錢快。 於是立志成爲富豪的野崎幸助，就做起了上門推銷避孕套的工作。 在2016年12月出版的《紀州的唐璜 爲4000名美女花費30億日元的男人》一書中，記述了這麼一個誇張的細節。 野崎幸助當初上門推銷避孕套的時候，時常會選擇丈夫出門的家庭，以主婦爲對象進行“實際演示”促銷。 年僅20多歲的野崎幸助，憑着又動腦又動身體，月收入達到了當時上班族的3倍水平。 通過推銷避孕套賺了第一桶金，後來野崎幸助又把錢轉到放貸行業。 由此，野崎幸助正式走上暴富之路，成爲當地小有名氣的富豪。 與此同時，他也開始出入各地的高級俱樂部，毫不吝惜把錢砸在女人身上。 爲了“色慾”不惜代價，是他早早就確立的人生“哲學”。 據知情人士透露，野崎幸助每次給陪伴過夜的女性都是30~40萬日元（約合人民幣1.8萬~2.4萬元），這個價位比一些日本上班族的月薪還","images":[{"img":"https://static.tigerbbs.com/f4c48210f991b035d2dfde9997d73298","width":"632","height":"461"},{"img":"https://static.tigerbbs.com/08776715feda661e238e7b294cf7f63b","width":"450","height":"351"},{"img":"https://static.tigerbbs.com/2f68e513d0e4b86b7e15a386378c06a6","width":"632","height":"350"}],"top":1,"highlighted":2,"essential":1,"paper":2,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/103348062","isVote":1,"tweetType":1,"viewCount":0,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":28,"langContent":"CN","totalScore":0},"isVote":1,"tweetType":1,"viewCount":718,"authorTweetTopStatus":1,"verified":2,"comments":[{"author":{"id":"3515677085772011","authorId":"3515677085772011","name":"老特资本","avatar":"https://static.tigerbbs.com/2e94c23bbbf9eaa7982385d5e639a294","crmLevel":2,"crmLevelSwitch":0,"idStr":"3515677085772011","authorIdStr":"3515677085772011"},"content":"Buy doge, add my chat in profile, I'll tell you how.","text":"Buy doge, add my chat in profile, I'll tell you how.","html":"Buy doge, add my chat in profile, I'll tell you how."}],"imageCount":0,"langContent":"EN","totalScore":0},{"id":105473043,"gmtCreate":1620324962382,"gmtModify":1704341999904,"author":{"id":"3578112136424524","authorId":"3578112136424524","name":"XiaoYao86","avatar":"https://static.tigerbbs.com/2f4234838d17faf2cd6d8d212d0f0ca4","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3578112136424524","authorIdStr":"3578112136424524"},"themes":[],"htmlText":"Great ariticle, would you like to share it?","listText":"Great ariticle, would you like to share it?","text":"Great ariticle, would you like to share it?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/105473043","repostId":"109373456","repostType":1,"repost":{"id":109373456,"gmtCreate":1619668910772,"gmtModify":1704727720328,"author":{"id":"21347731130544","authorId":"21347731130544","name":"价值投资为王","avatar":"https://static.tigerbbs.com/89ffffc59ff9ac9cb9cb74f596418d44","crmLevel":6,"crmLevelSwitch":0,"followedFlag":false,"idStr":"21347731130544","authorIdStr":"21347731130544"},"themes":[],"title":"蘋果賺嗨了，新一季財報震驚華爾街！","htmlText":"週四，蘋果盤前漲超3%。 2天后，一年一度的投資界盛會——巴菲特股東大會將要召開，衆所周知，蘋果是伯克希爾第一大重倉股，持股倉位近43%。 在大會召開之前，庫克給巴菲特送了一份大禮。 美東時間4月28日盤後，科技巨頭蘋果發佈了2021財年Q2財報，數據顯示，在過去的一個季度，蘋果實現896億美元的營收，淨利潤達到236億美元，同比暴增110%！ 新財報大超華爾街預期，賺嗨了蘋果在財報發佈後股價上漲2.34%，逼近歷史新高！ 一花獨放不是春，百花齊放春滿園！ 對於蘋果2021財年Q2財報，市場的預期一直較爲悲觀。 一般來說，每一財年的Q1財報對應自然年的四季度，往往是蘋果新品發佈和全球購物狂歡節密集舉行的時刻，也是蘋果營收最高的一個季度。 但上一財季，蘋果在依靠大中華區玩命爆發的情況下，才支撐住營收增長21%，大本營美洲和第二大營收來源歐洲的營收增速表現並不好。 這讓華爾街對本次財報預期較爲悲觀，畢竟單純依賴大中華區爆發無疑於孤注一擲。沒成想，一季度蘋果全面開花，無論是手機還是電腦、無論是美洲還是歐洲，蘋果皆異軍突起，交出一份漂亮的答卷！ 具體來看，在Q2財季中，蘋果實現896億美元的營收，同比增長53.6%，遠超彭博分析師一致預期的773億美元的預測，也超越華爾街最樂觀的831億美元的預測值！ 從收入貢獻來源來看，蘋果一般劃分2種類型收入，一個是產品銷售收入，另一個是服務收入。 在Q2中，產品銷售收入實現726.8億美元，同比增長61.6%，超越53.6%的整體營收增速，是Q2財報大超預期的主要原因。 服務收入方面，受ios產品基數增長的影響，服務收入一直增長較爲穩定，但在Q2，受益於產品銷售暴增，服務收入同比增長26.6%，創下近期以來的新高！ 產品銷售猛增不止是iPhone12比較香，從財報披露的數據來看，iPad銷售額78億美元，同比大增78%，是增速最快的產品類型。","listText":"週四，蘋果盤前漲超3%。 2天后，一年一度的投資界盛會——巴菲特股東大會將要召開，衆所周知，蘋果是伯克希爾第一大重倉股，持股倉位近43%。 在大會召開之前，庫克給巴菲特送了一份大禮。 美東時間4月28日盤後，科技巨頭蘋果發佈了2021財年Q2財報，數據顯示，在過去的一個季度，蘋果實現896億美元的營收，淨利潤達到236億美元，同比暴增110%！ 新財報大超華爾街預期，賺嗨了蘋果在財報發佈後股價上漲2.34%，逼近歷史新高！ 一花獨放不是春，百花齊放春滿園！ 對於蘋果2021財年Q2財報，市場的預期一直較爲悲觀。 一般來說，每一財年的Q1財報對應自然年的四季度，往往是蘋果新品發佈和全球購物狂歡節密集舉行的時刻，也是蘋果營收最高的一個季度。 但上一財季，蘋果在依靠大中華區玩命爆發的情況下，才支撐住營收增長21%，大本營美洲和第二大營收來源歐洲的營收增速表現並不好。 這讓華爾街對本次財報預期較爲悲觀，畢竟單純依賴大中華區爆發無疑於孤注一擲。沒成想，一季度蘋果全面開花，無論是手機還是電腦、無論是美洲還是歐洲，蘋果皆異軍突起，交出一份漂亮的答卷！ 具體來看，在Q2財季中，蘋果實現896億美元的營收，同比增長53.6%，遠超彭博分析師一致預期的773億美元的預測，也超越華爾街最樂觀的831億美元的預測值！ 從收入貢獻來源來看，蘋果一般劃分2種類型收入，一個是產品銷售收入，另一個是服務收入。 在Q2中，產品銷售收入實現726.8億美元，同比增長61.6%，超越53.6%的整體營收增速，是Q2財報大超預期的主要原因。 服務收入方面，受ios產品基數增長的影響，服務收入一直增長較爲穩定，但在Q2，受益於產品銷售暴增，服務收入同比增長26.6%，創下近期以來的新高！ 產品銷售猛增不止是iPhone12比較香，從財報披露的數據來看，iPad銷售額78億美元，同比大增78%，是增速最快的產品類型。","text":"週四，蘋果盤前漲超3%。 2天后，一年一度的投資界盛會——巴菲特股東大會將要召開，衆所周知，蘋果是伯克希爾第一大重倉股，持股倉位近43%。 在大會召開之前，庫克給巴菲特送了一份大禮。 美東時間4月28日盤後，科技巨頭蘋果發佈了2021財年Q2財報，數據顯示，在過去的一個季度，蘋果實現896億美元的營收，淨利潤達到236億美元，同比暴增110%！ 新財報大超華爾街預期，賺嗨了蘋果在財報發佈後股價上漲2.34%，逼近歷史新高！ 一花獨放不是春，百花齊放春滿園！ 對於蘋果2021財年Q2財報，市場的預期一直較爲悲觀。 一般來說，每一財年的Q1財報對應自然年的四季度，往往是蘋果新品發佈和全球購物狂歡節密集舉行的時刻，也是蘋果營收最高的一個季度。 但上一財季，蘋果在依靠大中華區玩命爆發的情況下，才支撐住營收增長21%，大本營美洲和第二大營收來源歐洲的營收增速表現並不好。 這讓華爾街對本次財報預期較爲悲觀，畢竟單純依賴大中華區爆發無疑於孤注一擲。沒成想，一季度蘋果全面開花，無論是手機還是電腦、無論是美洲還是歐洲，蘋果皆異軍突起，交出一份漂亮的答卷！ 具體來看，在Q2財季中，蘋果實現896億美元的營收，同比增長53.6%，遠超彭博分析師一致預期的773億美元的預測，也超越華爾街最樂觀的831億美元的預測值！ 從收入貢獻來源來看，蘋果一般劃分2種類型收入，一個是產品銷售收入，另一個是服務收入。 在Q2中，產品銷售收入實現726.8億美元，同比增長61.6%，超越53.6%的整體營收增速，是Q2財報大超預期的主要原因。 服務收入方面，受ios產品基數增長的影響，服務收入一直增長較爲穩定，但在Q2，受益於產品銷售暴增，服務收入同比增長26.6%，創下近期以來的新高！ 產品銷售猛增不止是iPhone12比較香，從財報披露的數據來看，iPad銷售額78億美元，同比大增78%，是增速最快的產品類型。","images":[{"img":"https://static.tigerbbs.com/212e1dfc9627f80efeab6332df4efb4c","width":"869","height":"459"},{"img":"https://static.tigerbbs.com/c5c9bf0135f4bc94ba846be006cb12d6","width":"826","height":"461"},{"img":"https://static.tigerbbs.com/4290d55ce5d8f7f93ea548e777b676d9","width":"875","height":"452"}],"top":1,"highlighted":2,"essential":2,"paper":2,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/109373456","isVote":1,"tweetType":1,"viewCount":0,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":6,"langContent":"CN","totalScore":0},"isVote":1,"tweetType":1,"viewCount":236,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":105479725,"gmtCreate":1620324945767,"gmtModify":1704341999581,"author":{"id":"3578112136424524","authorId":"3578112136424524","name":"XiaoYao86","avatar":"https://static.tigerbbs.com/2f4234838d17faf2cd6d8d212d0f0ca4","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3578112136424524","authorIdStr":"3578112136424524"},"themes":[],"htmlText":"Great ariticle, would you like to share it?","listText":"Great ariticle, would you like to share it?","text":"Great ariticle, would you like to share it?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/105479725","repostId":"374652923","repostType":1,"repost":{"id":374652923,"gmtCreate":1619445620762,"gmtModify":1704724013461,"author":{"id":"3555926517215344","authorId":"3555926517215344","name":"走马财经","avatar":"https://static.tigerbbs.com/e421cf207f1b9b3827a49f1d17bead5a","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3555926517215344","authorIdStr":"3555926517215344"},"themes":[],"title":"怎麼看美團被反壟斷立案調查","htmlText":"4月26日港股收盤後，市場傳出消息，美團被國家市場監督管理總局立案調查，因其此前涉嫌“二選一”壟斷行爲被舉報。可能有人提前獲取了消息，美團早盤大幅高開，但高開低走，收盤小跌。美團官方很快做出迴應：今日，美團接到國家市場監管總局通知，依法對美團涉嫌壟斷行爲立案調查。公司將積極配合監管部門調查，進一步提升業務合規管理水平，保障用戶以及各方主體合法權益，促進行業長期健康發展，切實履行社會責任。目前公司各項業務正常運行。事情大致就是阿里巴巴被調查的翻版。本文將從結果預期、對應影響以及如何解讀三個方面來分析。結果預期樂觀預期，美團的反壟斷調查結果可能在罰款數千萬-10億之間。中性預期，美團反壟斷調查結果可能在罰款10-39億之間。悲觀預期，美團反壟斷調查結果可能在罰款39-100億之間。先說說不同預期的原因。根據阿里巴巴的處罰結果，公告給出的解釋是按照阿里2019年營收的4%做出處罰，而處罰標準是4%-10%。美團2019年總營收975億，如果按照4%的比例計算，結果是39億，如果按照10%計算，結果是97.5億，接近100億。樂觀預期的理由是，阿里巴巴的營收，是商家的廣告費和佣金，不含快遞運輸成本，快遞費用是商家自己和快遞公司結算的，因此阿里巴巴雖然很賺錢，但是它的2019年變現率也不過3.74%。美團外賣的營收，是包含了騎手的送餐費的，這筆費用類似於實物電商中的快遞費，因爲外賣時效性的原因，平臺向商家收取後再分配給騎手更合理。根據2019年美團財報，該部分平均單筆訂單分配給騎手的費用大約5元，約佔美團外賣營收的70%。2019年美團外賣的變現率是14%，拋開分配給騎手的送餐費後，實際上的變現率也不過4%左右，考慮到外賣訂單單均價格遠低於阿里的實物電商，這個變現率其實是不高的。如果我們把美團的營收做這樣一個拆解，就會發現單純根據阿里的4%去參考並不公平，真正的計算方式應該是將外賣營","listText":"4月26日港股收盤後，市場傳出消息，美團被國家市場監督管理總局立案調查，因其此前涉嫌“二選一”壟斷行爲被舉報。可能有人提前獲取了消息，美團早盤大幅高開，但高開低走，收盤小跌。美團官方很快做出迴應：今日，美團接到國家市場監管總局通知，依法對美團涉嫌壟斷行爲立案調查。公司將積極配合監管部門調查，進一步提升業務合規管理水平，保障用戶以及各方主體合法權益，促進行業長期健康發展，切實履行社會責任。目前公司各項業務正常運行。事情大致就是阿里巴巴被調查的翻版。本文將從結果預期、對應影響以及如何解讀三個方面來分析。結果預期樂觀預期，美團的反壟斷調查結果可能在罰款數千萬-10億之間。中性預期，美團反壟斷調查結果可能在罰款10-39億之間。悲觀預期，美團反壟斷調查結果可能在罰款39-100億之間。先說說不同預期的原因。根據阿里巴巴的處罰結果，公告給出的解釋是按照阿里2019年營收的4%做出處罰，而處罰標準是4%-10%。美團2019年總營收975億，如果按照4%的比例計算，結果是39億，如果按照10%計算，結果是97.5億，接近100億。樂觀預期的理由是，阿里巴巴的營收，是商家的廣告費和佣金，不含快遞運輸成本，快遞費用是商家自己和快遞公司結算的，因此阿里巴巴雖然很賺錢，但是它的2019年變現率也不過3.74%。美團外賣的營收，是包含了騎手的送餐費的，這筆費用類似於實物電商中的快遞費，因爲外賣時效性的原因，平臺向商家收取後再分配給騎手更合理。根據2019年美團財報，該部分平均單筆訂單分配給騎手的費用大約5元，約佔美團外賣營收的70%。2019年美團外賣的變現率是14%，拋開分配給騎手的送餐費後，實際上的變現率也不過4%左右，考慮到外賣訂單單均價格遠低於阿里的實物電商，這個變現率其實是不高的。如果我們把美團的營收做這樣一個拆解，就會發現單純根據阿里的4%去參考並不公平，真正的計算方式應該是將外賣營","text":"4月26日港股收盤後，市場傳出消息，美團被國家市場監督管理總局立案調查，因其此前涉嫌“二選一”壟斷行爲被舉報。可能有人提前獲取了消息，美團早盤大幅高開，但高開低走，收盤小跌。美團官方很快做出迴應：今日，美團接到國家市場監管總局通知，依法對美團涉嫌壟斷行爲立案調查。公司將積極配合監管部門調查，進一步提升業務合規管理水平，保障用戶以及各方主體合法權益，促進行業長期健康發展，切實履行社會責任。目前公司各項業務正常運行。事情大致就是阿里巴巴被調查的翻版。本文將從結果預期、對應影響以及如何解讀三個方面來分析。結果預期樂觀預期，美團的反壟斷調查結果可能在罰款數千萬-10億之間。中性預期，美團反壟斷調查結果可能在罰款10-39億之間。悲觀預期，美團反壟斷調查結果可能在罰款39-100億之間。先說說不同預期的原因。根據阿里巴巴的處罰結果，公告給出的解釋是按照阿里2019年營收的4%做出處罰，而處罰標準是4%-10%。美團2019年總營收975億，如果按照4%的比例計算，結果是39億，如果按照10%計算，結果是97.5億，接近100億。樂觀預期的理由是，阿里巴巴的營收，是商家的廣告費和佣金，不含快遞運輸成本，快遞費用是商家自己和快遞公司結算的，因此阿里巴巴雖然很賺錢，但是它的2019年變現率也不過3.74%。美團外賣的營收，是包含了騎手的送餐費的，這筆費用類似於實物電商中的快遞費，因爲外賣時效性的原因，平臺向商家收取後再分配給騎手更合理。根據2019年美團財報，該部分平均單筆訂單分配給騎手的費用大約5元，約佔美團外賣營收的70%。2019年美團外賣的變現率是14%，拋開分配給騎手的送餐費後，實際上的變現率也不過4%左右，考慮到外賣訂單單均價格遠低於阿里的實物電商，這個變現率其實是不高的。如果我們把美團的營收做這樣一個拆解，就會發現單純根據阿里的4%去參考並不公平，真正的計算方式應該是將外賣營","images":[{"img":"https://static.tigerbbs.com/bfea6fc65d70be8b5f0896579d3f8f41","width":"688","height":"353"},{"img":"https://static.tigerbbs.com/3c4dc8138f3fcd01a1c421f43db8f1ce","width":"688","height":"521"},{"img":"https://static.tigerbbs.com/49c4a80e14cee503caca66125689d35a","width":"678","height":"644"}],"top":1,"highlighted":2,"essential":2,"paper":2,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/374652923","isVote":1,"tweetType":1,"viewCount":0,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":5,"langContent":"CN","totalScore":0},"isVote":1,"tweetType":1,"viewCount":156,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":359279103,"gmtCreate":1616407541602,"gmtModify":1704793627403,"author":{"id":"3578112136424524","authorId":"3578112136424524","name":"XiaoYao86","avatar":"https://static.tigerbbs.com/2f4234838d17faf2cd6d8d212d0f0ca4","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3578112136424524","authorIdStr":"3578112136424524"},"themes":[],"htmlText":"i need a like and a comment on my comment, thx! =)","listText":"i need a like and a comment on my comment, thx! =)","text":"i need a like and a comment on my comment, thx! =)","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":3,"repostSize":0,"link":"https://ttm.financial/post/359279103","repostId":"2121124227","repostType":4,"repost":{"id":"2121124227","kind":"highlight","weMediaInfo":{"introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"media_name":"Reuters","id":"1036604489","head_image":"https://static.tigerbbs.com/443ce19704621c837795676028cec868"},"pubTimestamp":1616406226,"share":"https://ttm.financial/m/news/2121124227?lang=&edition=fundamental","pubTime":"2021-03-22 17:43","market":"us","language":"en","title":"Facebook disables 1.3 billion fake accounts in Oct-Dec last year","url":"https://stock-news.laohu8.com/highlight/detail?id=2121124227","media":"Reuters","summary":"March 22 (Reuters) - Facebook Inc said on Monday it took down 1.3 billion fake accounts between Octo","content":"<p>March 22 (Reuters) - Facebook Inc said on Monday it took down 1.3 billion fake accounts between October and December last year.</p>\n<p>The company also removed more than 12 million pieces of content about COVID-19 and vaccines that global health experts flagged as misinformation, it said in a blog post.</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>Facebook disables 1.3 billion fake accounts in Oct-Dec last year</title>\n<style 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}\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nFacebook disables 1.3 billion fake accounts in Oct-Dec last year\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1036604489\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/443ce19704621c837795676028cec868);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Reuters </p>\n<p class=\"h-time\">2021-03-22 17:43</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>March 22 (Reuters) - Facebook Inc said on Monday it took down 1.3 billion fake accounts between October and December last year.</p>\n<p>The company also removed more than 12 million pieces of content about COVID-19 and vaccines that global health experts flagged as misinformation, it said in a blog post.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2121124227","content_text":"March 22 (Reuters) - Facebook Inc said on Monday it took down 1.3 billion fake accounts between October and December last year.\nThe company also removed more than 12 million pieces of content about COVID-19 and vaccines that global health experts flagged as misinformation, it said in a blog post.","news_type":1},"isVote":1,"tweetType":1,"viewCount":307,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":350565970,"gmtCreate":1616233309090,"gmtModify":1704792374776,"author":{"id":"3578112136424524","authorId":"3578112136424524","name":"XiaoYao86","avatar":"https://static.tigerbbs.com/2f4234838d17faf2cd6d8d212d0f0ca4","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3578112136424524","authorIdStr":"3578112136424524"},"themes":[],"htmlText":"Bad mood","listText":"Bad mood","text":"Bad mood","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/350565970","isVote":1,"tweetType":1,"viewCount":115,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":327509073,"gmtCreate":1616105529192,"gmtModify":1704790957672,"author":{"id":"3578112136424524","authorId":"3578112136424524","name":"XiaoYao86","avatar":"https://static.tigerbbs.com/2f4234838d17faf2cd6d8d212d0f0ca4","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3578112136424524","authorIdStr":"3578112136424524"},"themes":[],"htmlText":"Red days are good as well $$$","listText":"Red days are good as well $$$","text":"Red days are good as well $$$","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/327509073","isVote":1,"tweetType":1,"viewCount":202,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":325465075,"gmtCreate":1615915643497,"gmtModify":1704788483925,"author":{"id":"3578112136424524","authorId":"3578112136424524","name":"XiaoYao86","avatar":"https://static.tigerbbs.com/2f4234838d17faf2cd6d8d212d0f0ca4","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3578112136424524","authorIdStr":"3578112136424524"},"themes":[],"htmlText":"Please like and comment on my comment! Thx =)","listText":"Please like and comment on my comment! Thx =)","text":"Please like and comment on my comment! Thx =)","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/325465075","repostId":"1121564086","repostType":4,"repost":{"id":"1121564086","kind":"news","pubTimestamp":1615899026,"share":"https://ttm.financial/m/news/1121564086?lang=&edition=fundamental","pubTime":"2021-03-16 20:50","market":"us","language":"en","title":"Larry McDonald Warns \"The Big [Market] Quake Is Coming\"","url":"https://stock-news.laohu8.com/highlight/detail?id=1121564086","media":"zerohedge","summary":"The mood is testy. Yields on Treasuries are rising, the dollar is trending stronger, and major tech ","content":"<p>The mood is testy. Yields on Treasuries are rising, the dollar is trending stronger, and major tech stocks are under pressure. Accordingly, tensions are high when the Federal Reserve decides on the future course of its monetary policy this Wednesday.</p>\n<p><i><b>«The Fed has its back against the wall,»</b></i>says Larry McDonald during a conversation via Zoom. The internationally renowned macro strategist and former senior trader at Lehman Brothers warns that the Federal Reserve has little time to mitigate the explosive situation in the bond and currency markets. Otherwise, he says, the global economy is at risk of another crisis.</p>\n<p>Since last spring, the founder of the independent investment advisor&nbsp;The Bear Traps Report&nbsp;has been&nbsp;recommending investments&nbsp;in the commodity sector, where he believes a new super cycle has begun. He&nbsp;reiterated his recommendation&nbsp;during his last conversation with The Market in late 2020. Today, his call for a big reflation trade has become the consensus on Wall Street.</p>\n<p>In this new interview with The Market/NZZ, which has been edited and condensed for clarity, Larry McDonald tells why he expects the Federal Reserve to resort to yield curve control fairly soon and what that will mean for gold and silver. He also explains why the rotation into commodities and value stocks is only just beginning and where he currently sees the best opportunities for investments.</p>\n<p><b>After the turmoil of the past few weeks, all eyes are on the Federal Reserve. What can investors expect from Wednesday's Fed meeting?</b></p>\n<blockquote>\n <b>We’re at a point where the market is moving way ahead of the Federal Reserve.</b>The Fed is on «outcome-based guidance», but the beast, that serpent in the market, wants more than that. Basically, the market is saying: «The US economy is going to grow 6 or 7% this year, and that will force you to taper in Q3 or Q4.» As investors are pricing in a tapering of the Fed’s asset purchases, financial conditions are tightening; especially in emerging markets, where spreads on credit default swaps are rising. So far, financial conditions are nowhere near extremely dangerous levels. But the problem is everybody thinks we’re in a similar situation as back in 2018.\n</blockquote>\n<p><b>What do you mean by that?</b></p>\n<blockquote>\n Once again, the Fed is playing «Tough Guy»: The market demands a policy pivot, but the Fed is trying to hold on to its path, essentially signaling to investors: «No way, relax». We had a similar set-up in 2013, 2016 and 2018. These were the three most significant monetary policy shifts where market pressures broke the Fed's desired policy path.\n <b>The problem is that back then the Fed had far more rope to play Tough Guy since the economy was stronger. In 2018 for instance</b>, the US economy was creating hundreds of thousands of jobs a month. In contrast, today’s employment-to-population ratio is 3.5 percentage points below January 2020 levels. This means 13 million Americans are outside the labor force. To get back to pre-pandemic levels, the economy has to create more than 540,000 jobs a month for two years.\n</blockquote>\n<p><b>So what does this mean for this week's Fed meeting?</b></p>\n<blockquote>\n <b>The Fed is planet earth’s central bank. Every time they tried to play Tough Guy, they’ve blown up the global economy.</b>This time, the Fed's Tough Guy window is much smaller. In 2018 or 2013 that window was nine to ten months. Now, it’s like two months because the economy is so weak. If they let financial conditions tighten further, they risk a major default cycle.\n <b>The negative multiplier effect of a stronger dollar is much higher to the world economy than the Fed anticipates</b>. They can't afford to let the dollar rip higher, because there is so much dollar denominated debt in the world, so much trade tied to the Greenback. If they blow that up, it will just blow back to the US and force the Fed into a policy shift anyway. It’s like with an oil change at the car repair shop: You can pay now or you can pay later. That’s why the Fed has to pay now.\n</blockquote>\n<p><b>Why?</b></p>\n<blockquote>\n <b>The Fed’s back is against the wall, all points to proactive action on March 17.</b>They must suppress taper fears and cut these risks off, or else they blow up the global economy for the 4th time since 2013. We’re hearing that they’re already getting incoming calls from emerging market central banks right now. If Fed Chairman Jay Powell plays Tough Guy by staying with the current path, without offering further assurances of deeper, more sustainable accommodation, the beast inside the market will keep pushing him until he breaks. We will see a repeat of Q4 2018 and Q1 2019, where the Fed was forced into an utterly embarrassing pivot. One of those is enough for Powell’s legacy, he doesn’t want two.\n</blockquote>\n<p><b>What kind of measures can be expected?</b></p>\n<blockquote>\n <b>Eventually, we will get the taper, but the overwhelming point is other weapons have to come first.</b>A Federal Reserve offering insufficient accommodation places markets in the crosshairs of a risk-off event. The first thing they will try to do is give some hard data points. For example, the US economy has to create 10 million jobs for the Fed to do anything on the balance sheet. Another way they can get out is calendar guidance, but that’s a more sophisticated weaponry. Bottom line, they should just say: «From now until the end of the year QE will continue at $120 billion a month, and we want PCE-inflation to get to between 2 and 2.5% and stay there for 24 months.» With that in place,\n <b>all they have to do is open the door two or three inches for yield curve control, and they can contain the dollar.</b>\n</blockquote>\n<p><b>The last time the Federal Reserve used yield curve control was during the time of World War II. Why would it resort to such a radical measure?</b></p>\n<blockquote>\n <b>Here’s the dirty little secret: Too many Treasury bonds are for sale.</b>There aren’t enough buyers, and that will force the Fed to step in. More than $3.6 trillion of US government paper was issued in 2020 versus $2.9 trillion in the prior year. With the new $1.9 trillion fiscal package coming from Washington, issuance in 2021 is slated to rise to $4 trillion. That’s a lot more than the Fed’s Treasury purchases through QE, so the spread between QE and debt issuance gets much wider. Washington is doing so much fiscal stimulus, I’m confident that this is going to force the Fed into yield curve control by September. If that’s the case, it will pressure the dollar lower and put commodities, value stocks, global cyclicals, materials and emerging markets into rotation overdrive.\n</blockquote>\n<p><b>How come?</b></p>\n<blockquote>\n <b>Yield curve control deployment is the tactical nuclear weaponry.</b>If the Fed throws out yield curve control just as a threat, it will suppress Treasury rates and real yields will go much more negative. Over the last couple of months, the issuance has overpowered inflation expectations. Think of it as a car race: Treasury issuances were driving up yields faster than inflation expectations rose. But if the Fed starts to acknowledge that they are going to bring out new weapons like calendar guidance and yield curve control, then they’re suppressing nominal yields. So if inflation expectations continue to rise, then real yields go big negative – and that’s when gold and silver will take off. I think silver can double from here until early next year. Gold could be up 50%.\n</blockquote>\n<p><b>How can investors best position themselves in this environment?</b></p>\n<blockquote>\n In terms of emerging markets, we’re\n <b>long Chile and Brazil.</b>In Asia, South Korea looks attractive. We also like the KWEB ETF which consists of the big Chinese tech stocks. In the commodity space, we have a position in the XME ETF which owns mainly\n <b>copper and steel names.</b>One of the best companies we own is Teck Resources. This stock is almost like a commodity mutual fund, because the company has exposure to copper, nickel and even energy. Another favorite is Mosaic because in a commodity cycle where you have weather problems around the world,\n <b>agricultural plays are a good bet.</b>\n</blockquote>\n<p><b>What about precious metals?</b></p>\n<blockquote>\n <b>When it comes to precious metals, we love silver miners</b>like Hecla Mining. When the Fed eases its policy, the silver miners will outperform the underlying metal, and they will outperform gold because there is more leverage there.\n</blockquote>\n<p><b>The gold price is down more than 15% since its all-time high in August. What’s the problem?</b></p>\n<blockquote>\n <b>Everyone thinks it’s 2013, so taper fears are sky high for gold. But the Fed cannot repeat its mistakes.</b>They must cap yields if they want to preserve the global economic recovery. Thus, the convexity with gold is very attractive. Every leg lower in real yields will act like a slingshot higher for gold. That’s why we love Newmont. The stock trades at 6x EBITDA with a 4% dividend yield which gives you some downside protection. And remember: The 2011-2016 commodity bust has made the balance sheet of these high quality gold mining companies a lot stronger.\n</blockquote>\n<p><b>President Joe Biden has just signed off on a $1.9 trillion economic program. What are the chances of a second stimulus bill, aimed at infrastructure?</b></p>\n<blockquote>\n It’s important to note that\n <b>a second fiscal deal for 2021 is not a slam dunk.</b>To pass the present $1.9 trillion stimulus bill, the Democrats used reconciliation. It’s a very special trick in US politics, because with reconciliation you don’t need 60 votes to pass a bill in the Senate. All you need is 50 votes. Yet, reconciliation has to be tied to a budget year. This means the next time the Democrats can use it is probably in the fourth quarter, late November or December, and tie it to the following year's budget. So the only way to do an infrastructure bill in the next six months is with a traditional piece of legislation.\n</blockquote>\n<p><b>Is that even possible, given how wide the rift between Republicans and Democrats has opened in recent years?</b></p>\n<blockquote>\n For that you need essentially ten Republicans. Right now, the centrists on the Hill, people like Mitt Romney on the Republican side or Joe Manchin on the Democrat side, are the most powerful people in Washington. They want to do an infrastructure program, but they want to finance it with tax revenue. They don’t believe in things like Modern Monetary Theory where the Fed is financing the deficit.\n <b>So you are going to need a tax hike. And in this regard, we’re hearing they could go after some type of flat tax on the FAANGs, the big technology companies.</b>\n</blockquote>\n<p><b>What does this mean for Apple, Google, Facebook and other tech heavyweights?</b></p>\n<blockquote>\n Keep in mind, we’re in a populist revolution:\n <b>The risk of inequality leading to social unrest is high, and that puts pressure on politicians to pass bills to tax the rich.</b>But a wealth tax is extremely complicated, it would take years. The simplest way to do something in terms of taxes is to tax larger companies. In the eighties, the top 100 companies in the US maintained about 45 to 50% of total profits. Today, the largest 20 companies command about 85 to 90%. In addition to that, close to 40% of the S&amp;P 500’s market cap is related to tech. So tech is the low hanging fruit for the populists in Congress to go after.\n</blockquote>\n<p><b>One more reason why tech stocks remain under pressure?</b></p>\n<blockquote>\n We run a bunch of models. For example, we look at Berkshire Hathaway’s share price versus the Nasdaq 100 or the Dow Jones Industrial versus the Nasdaq. March 8th was the second time in 2021 that the Nasdaq closed down 2% with the Dow closing higher.\n <b>We haven’t seen this type of data since the dotcom crash. It’s a very rare event which historically coincides with a longer-term rotation out of technology stocks. That’s a very encouraging signal for value stocks.</b>In this regard, we like the EWU ETF. It’s a wonderful basket of stocks because it’s full of financials and world class names like BP, Rio Tinto or Glencore. Officially, it’s called the United Kingdom ETF, but it’s more like a global value ETF.\n</blockquote>\n<p><b>Does this mean that the rotation towards cyclical stocks has only just begun?</b></p>\n<blockquote>\n <b>Many investors around the world are long a portfolio of stocks that was designed for the deflationary environment of the previous decade.</b>The decade ahead of us - with all what’s ahead in terms of fiscal and monetary stimulus, populism, regulation and taxes - will push investors toward more globally value related stocks. That’s where the best returns are going to be.\n</blockquote>\n<p><b>So the previously successful «buy the dip» strategy of simply buying more tech stocks after every decline no longer works?</b></p>\n<blockquote>\n <b>The potency of dip-buying is in decay mode.</b>Global value is really starting to kick tech in the teeth, and when that happens, it wakes up what's called «real money». Keep in mind: There is fast money, mostly hedge funds which are nimble and make quick moves. In contrast, real money moves slowly. Those types of investors don’t make asset allocation decisions quickly. They base their decisions on committees and all kinds of meetings. As a result, tectonic plates are shifting beneath our feet. We’ve seen tremors after tremors where value is starting to crush growth, and now the earthquake is coming. At Bear Traps, we have a Bloomberg chat with 650 institutional investors, and I can tell just by these conversations, that the real money is starting to move.\n <b>And when the real money moves, that’s when the big quake happens.</b>\n</blockquote>\n<p><b>What kind of dislocations will this cause?</b></p>\n<blockquote>\n <b>Tech will probably be down 30 to 40% sometime between now and the end of October.</b>Today, the market cap of the Nasdaq 100 is close to $12 trillion, but most large-cap tech stocks are unchanged since July last year, while commodity and value-related equities are up 20 to 50%. In the US, if you talk to a hundred high-net-worth families, every one of those families owns Apple, Google, Facebook and Amazon. But look what’s happening: Amazon’s stock is flat since the 4th of July 2020. That's $1.5 trillion of dead money. Last Friday, Amazon failed at the 200-day moving average again.\n <b>This is like Mike Tyson getting defeated by Buster Douglas, one of the greatest upsets in sports history. This psychology is moving through the market, pushing the capital migration process into value and commodity plays.</b>\n</blockquote>\n<p><b>However, investments in commodities are mostly not compliant with the trend towards ESG standards; especially when it comes to CO2 emissions.</b></p>\n<blockquote>\n <b>The best ESG trade on the board is nuclear power. The largest uranium company in the US is Cameco with a $7 market cap.</b>Think about that relative to Elon Musk’s net worth! I support the Green New Deal, but this needs time, because solar and wind are still too far away to produce the amount of energy needed around the world, especially in India and China. The only way to meet that demand is through nuclear power. Uranium is coming out of a ten-year bear market, and it’s going into a massive new bull market. All the contracts between power plants and uranium producers are going to be adjusted. That’s why we like the URA ETF which owns companies like Cameco. I see some of these companies as six baggers: 500% upside potential and 30 to 40% downside risk, because uranium is still a risky commodity.\n</blockquote>\n<p><b>In our&nbsp;last conversation, you recommended investments in the energy sector. Since then, names such as Chevron, Royal Dutch Shell or Exxon Mobil have advanced 25 to 60%. What do you advise investors to do now?</b></p>\n<blockquote>\n <b>For now, we’ve cut our energy book:</b>We’ve sold half of our shares in Chevron, and we’ve sold two thirds of our positions in Exxon Mobil and in the XLE ETF. What happens when you get into the fourth, fifth and sixth innings of a commodity cycle, tertiary sectors like metallurgical coal become more attractive. Sure, met coal, also known as coking coal, is not ESG friendly, but there is no way around it for steel production and hence the construction of skyscrapers, bridges and things like that. So coming into this infrastructure boom all around the world, coal has plenty of upside. That’s why we own names like Arch Resources and Peabody Energy. They’re low-leveraged, and really cheap, once again, on a risk/reward basis.\n</blockquote>\n<p><b>What are the biggest dangers to watch out for in the coming weeks and months?</b></p>\n<blockquote>\n <b>One spot to watch are all these forbearance deals in commercial real estate.</b>When we come out of Covid and the vaccines and the stimulus money are juicing through the economy, the market will be forcing the release of the forbearance on a lot of these loans. So if people don’t come back fast enough to the cities, these commercial real estate loans are going to get reset. This would mean some big defaults, and the banks own a lot of these loans. Also, a lot of leveraged loans are really rich. And then, there is potentially a fiscal cliff:\n <b>The sustainability of the $1.9 trillion stimulus package isn’t that great because a lot of it is just transfer payments replacing lost income for people staying at home. That’s why the US needs a second stimulus bill. If we don’t get a second bill, we are going to have a problem in about a year from now.</b>\n</blockquote>","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>Larry McDonald Warns \"The Big [Market] Quake Is Coming\"</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nLarry McDonald Warns \"The Big [Market] Quake Is Coming\"\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-03-16 20:50 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.zerohedge.com/markets/larry-mcdonald-warns-big-market-quake-coming><strong>zerohedge</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>The mood is testy. Yields on Treasuries are rising, the dollar is trending stronger, and major tech stocks are under pressure. Accordingly, tensions are high when the Federal Reserve decides on the ...</p>\n\n<a href=\"https://www.zerohedge.com/markets/larry-mcdonald-warns-big-market-quake-coming\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"https://www.zerohedge.com/markets/larry-mcdonald-warns-big-market-quake-coming","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1121564086","content_text":"The mood is testy. Yields on Treasuries are rising, the dollar is trending stronger, and major tech stocks are under pressure. Accordingly, tensions are high when the Federal Reserve decides on the future course of its monetary policy this Wednesday.\n«The Fed has its back against the wall,»says Larry McDonald during a conversation via Zoom. The internationally renowned macro strategist and former senior trader at Lehman Brothers warns that the Federal Reserve has little time to mitigate the explosive situation in the bond and currency markets. Otherwise, he says, the global economy is at risk of another crisis.\nSince last spring, the founder of the independent investment advisor The Bear Traps Report has been recommending investments in the commodity sector, where he believes a new super cycle has begun. He reiterated his recommendation during his last conversation with The Market in late 2020. Today, his call for a big reflation trade has become the consensus on Wall Street.\nIn this new interview with The Market/NZZ, which has been edited and condensed for clarity, Larry McDonald tells why he expects the Federal Reserve to resort to yield curve control fairly soon and what that will mean for gold and silver. He also explains why the rotation into commodities and value stocks is only just beginning and where he currently sees the best opportunities for investments.\nAfter the turmoil of the past few weeks, all eyes are on the Federal Reserve. What can investors expect from Wednesday's Fed meeting?\n\nWe’re at a point where the market is moving way ahead of the Federal Reserve.The Fed is on «outcome-based guidance», but the beast, that serpent in the market, wants more than that. Basically, the market is saying: «The US economy is going to grow 6 or 7% this year, and that will force you to taper in Q3 or Q4.» As investors are pricing in a tapering of the Fed’s asset purchases, financial conditions are tightening; especially in emerging markets, where spreads on credit default swaps are rising. So far, financial conditions are nowhere near extremely dangerous levels. But the problem is everybody thinks we’re in a similar situation as back in 2018.\n\nWhat do you mean by that?\n\n Once again, the Fed is playing «Tough Guy»: The market demands a policy pivot, but the Fed is trying to hold on to its path, essentially signaling to investors: «No way, relax». We had a similar set-up in 2013, 2016 and 2018. These were the three most significant monetary policy shifts where market pressures broke the Fed's desired policy path.\n The problem is that back then the Fed had far more rope to play Tough Guy since the economy was stronger. In 2018 for instance, the US economy was creating hundreds of thousands of jobs a month. In contrast, today’s employment-to-population ratio is 3.5 percentage points below January 2020 levels. This means 13 million Americans are outside the labor force. To get back to pre-pandemic levels, the economy has to create more than 540,000 jobs a month for two years.\n\nSo what does this mean for this week's Fed meeting?\n\nThe Fed is planet earth’s central bank. Every time they tried to play Tough Guy, they’ve blown up the global economy.This time, the Fed's Tough Guy window is much smaller. In 2018 or 2013 that window was nine to ten months. Now, it’s like two months because the economy is so weak. If they let financial conditions tighten further, they risk a major default cycle.\n The negative multiplier effect of a stronger dollar is much higher to the world economy than the Fed anticipates. They can't afford to let the dollar rip higher, because there is so much dollar denominated debt in the world, so much trade tied to the Greenback. If they blow that up, it will just blow back to the US and force the Fed into a policy shift anyway. It’s like with an oil change at the car repair shop: You can pay now or you can pay later. That’s why the Fed has to pay now.\n\nWhy?\n\nThe Fed’s back is against the wall, all points to proactive action on March 17.They must suppress taper fears and cut these risks off, or else they blow up the global economy for the 4th time since 2013. We’re hearing that they’re already getting incoming calls from emerging market central banks right now. If Fed Chairman Jay Powell plays Tough Guy by staying with the current path, without offering further assurances of deeper, more sustainable accommodation, the beast inside the market will keep pushing him until he breaks. We will see a repeat of Q4 2018 and Q1 2019, where the Fed was forced into an utterly embarrassing pivot. One of those is enough for Powell’s legacy, he doesn’t want two.\n\nWhat kind of measures can be expected?\n\nEventually, we will get the taper, but the overwhelming point is other weapons have to come first.A Federal Reserve offering insufficient accommodation places markets in the crosshairs of a risk-off event. The first thing they will try to do is give some hard data points. For example, the US economy has to create 10 million jobs for the Fed to do anything on the balance sheet. Another way they can get out is calendar guidance, but that’s a more sophisticated weaponry. Bottom line, they should just say: «From now until the end of the year QE will continue at $120 billion a month, and we want PCE-inflation to get to between 2 and 2.5% and stay there for 24 months.» With that in place,\n all they have to do is open the door two or three inches for yield curve control, and they can contain the dollar.\n\nThe last time the Federal Reserve used yield curve control was during the time of World War II. Why would it resort to such a radical measure?\n\nHere’s the dirty little secret: Too many Treasury bonds are for sale.There aren’t enough buyers, and that will force the Fed to step in. More than $3.6 trillion of US government paper was issued in 2020 versus $2.9 trillion in the prior year. With the new $1.9 trillion fiscal package coming from Washington, issuance in 2021 is slated to rise to $4 trillion. That’s a lot more than the Fed’s Treasury purchases through QE, so the spread between QE and debt issuance gets much wider. Washington is doing so much fiscal stimulus, I’m confident that this is going to force the Fed into yield curve control by September. If that’s the case, it will pressure the dollar lower and put commodities, value stocks, global cyclicals, materials and emerging markets into rotation overdrive.\n\nHow come?\n\nYield curve control deployment is the tactical nuclear weaponry.If the Fed throws out yield curve control just as a threat, it will suppress Treasury rates and real yields will go much more negative. Over the last couple of months, the issuance has overpowered inflation expectations. Think of it as a car race: Treasury issuances were driving up yields faster than inflation expectations rose. But if the Fed starts to acknowledge that they are going to bring out new weapons like calendar guidance and yield curve control, then they’re suppressing nominal yields. So if inflation expectations continue to rise, then real yields go big negative – and that’s when gold and silver will take off. I think silver can double from here until early next year. Gold could be up 50%.\n\nHow can investors best position themselves in this environment?\n\n In terms of emerging markets, we’re\n long Chile and Brazil.In Asia, South Korea looks attractive. We also like the KWEB ETF which consists of the big Chinese tech stocks. In the commodity space, we have a position in the XME ETF which owns mainly\n copper and steel names.One of the best companies we own is Teck Resources. This stock is almost like a commodity mutual fund, because the company has exposure to copper, nickel and even energy. Another favorite is Mosaic because in a commodity cycle where you have weather problems around the world,\n agricultural plays are a good bet.\n\nWhat about precious metals?\n\nWhen it comes to precious metals, we love silver minerslike Hecla Mining. When the Fed eases its policy, the silver miners will outperform the underlying metal, and they will outperform gold because there is more leverage there.\n\nThe gold price is down more than 15% since its all-time high in August. What’s the problem?\n\nEveryone thinks it’s 2013, so taper fears are sky high for gold. But the Fed cannot repeat its mistakes.They must cap yields if they want to preserve the global economic recovery. Thus, the convexity with gold is very attractive. Every leg lower in real yields will act like a slingshot higher for gold. That’s why we love Newmont. The stock trades at 6x EBITDA with a 4% dividend yield which gives you some downside protection. And remember: The 2011-2016 commodity bust has made the balance sheet of these high quality gold mining companies a lot stronger.\n\nPresident Joe Biden has just signed off on a $1.9 trillion economic program. What are the chances of a second stimulus bill, aimed at infrastructure?\n\n It’s important to note that\n a second fiscal deal for 2021 is not a slam dunk.To pass the present $1.9 trillion stimulus bill, the Democrats used reconciliation. It’s a very special trick in US politics, because with reconciliation you don’t need 60 votes to pass a bill in the Senate. All you need is 50 votes. Yet, reconciliation has to be tied to a budget year. This means the next time the Democrats can use it is probably in the fourth quarter, late November or December, and tie it to the following year's budget. So the only way to do an infrastructure bill in the next six months is with a traditional piece of legislation.\n\nIs that even possible, given how wide the rift between Republicans and Democrats has opened in recent years?\n\n For that you need essentially ten Republicans. Right now, the centrists on the Hill, people like Mitt Romney on the Republican side or Joe Manchin on the Democrat side, are the most powerful people in Washington. They want to do an infrastructure program, but they want to finance it with tax revenue. They don’t believe in things like Modern Monetary Theory where the Fed is financing the deficit.\n So you are going to need a tax hike. And in this regard, we’re hearing they could go after some type of flat tax on the FAANGs, the big technology companies.\n\nWhat does this mean for Apple, Google, Facebook and other tech heavyweights?\n\n Keep in mind, we’re in a populist revolution:\n The risk of inequality leading to social unrest is high, and that puts pressure on politicians to pass bills to tax the rich.But a wealth tax is extremely complicated, it would take years. The simplest way to do something in terms of taxes is to tax larger companies. In the eighties, the top 100 companies in the US maintained about 45 to 50% of total profits. Today, the largest 20 companies command about 85 to 90%. In addition to that, close to 40% of the S&P 500’s market cap is related to tech. So tech is the low hanging fruit for the populists in Congress to go after.\n\nOne more reason why tech stocks remain under pressure?\n\n We run a bunch of models. For example, we look at Berkshire Hathaway’s share price versus the Nasdaq 100 or the Dow Jones Industrial versus the Nasdaq. March 8th was the second time in 2021 that the Nasdaq closed down 2% with the Dow closing higher.\n We haven’t seen this type of data since the dotcom crash. It’s a very rare event which historically coincides with a longer-term rotation out of technology stocks. That’s a very encouraging signal for value stocks.In this regard, we like the EWU ETF. It’s a wonderful basket of stocks because it’s full of financials and world class names like BP, Rio Tinto or Glencore. Officially, it’s called the United Kingdom ETF, but it’s more like a global value ETF.\n\nDoes this mean that the rotation towards cyclical stocks has only just begun?\n\nMany investors around the world are long a portfolio of stocks that was designed for the deflationary environment of the previous decade.The decade ahead of us - with all what’s ahead in terms of fiscal and monetary stimulus, populism, regulation and taxes - will push investors toward more globally value related stocks. That’s where the best returns are going to be.\n\nSo the previously successful «buy the dip» strategy of simply buying more tech stocks after every decline no longer works?\n\nThe potency of dip-buying is in decay mode.Global value is really starting to kick tech in the teeth, and when that happens, it wakes up what's called «real money». Keep in mind: There is fast money, mostly hedge funds which are nimble and make quick moves. In contrast, real money moves slowly. Those types of investors don’t make asset allocation decisions quickly. They base their decisions on committees and all kinds of meetings. As a result, tectonic plates are shifting beneath our feet. We’ve seen tremors after tremors where value is starting to crush growth, and now the earthquake is coming. At Bear Traps, we have a Bloomberg chat with 650 institutional investors, and I can tell just by these conversations, that the real money is starting to move.\n And when the real money moves, that’s when the big quake happens.\n\nWhat kind of dislocations will this cause?\n\nTech will probably be down 30 to 40% sometime between now and the end of October.Today, the market cap of the Nasdaq 100 is close to $12 trillion, but most large-cap tech stocks are unchanged since July last year, while commodity and value-related equities are up 20 to 50%. In the US, if you talk to a hundred high-net-worth families, every one of those families owns Apple, Google, Facebook and Amazon. But look what’s happening: Amazon’s stock is flat since the 4th of July 2020. That's $1.5 trillion of dead money. Last Friday, Amazon failed at the 200-day moving average again.\n This is like Mike Tyson getting defeated by Buster Douglas, one of the greatest upsets in sports history. This psychology is moving through the market, pushing the capital migration process into value and commodity plays.\n\nHowever, investments in commodities are mostly not compliant with the trend towards ESG standards; especially when it comes to CO2 emissions.\n\nThe best ESG trade on the board is nuclear power. The largest uranium company in the US is Cameco with a $7 market cap.Think about that relative to Elon Musk’s net worth! I support the Green New Deal, but this needs time, because solar and wind are still too far away to produce the amount of energy needed around the world, especially in India and China. The only way to meet that demand is through nuclear power. Uranium is coming out of a ten-year bear market, and it’s going into a massive new bull market. All the contracts between power plants and uranium producers are going to be adjusted. That’s why we like the URA ETF which owns companies like Cameco. I see some of these companies as six baggers: 500% upside potential and 30 to 40% downside risk, because uranium is still a risky commodity.\n\nIn our last conversation, you recommended investments in the energy sector. Since then, names such as Chevron, Royal Dutch Shell or Exxon Mobil have advanced 25 to 60%. What do you advise investors to do now?\n\nFor now, we’ve cut our energy book:We’ve sold half of our shares in Chevron, and we’ve sold two thirds of our positions in Exxon Mobil and in the XLE ETF. What happens when you get into the fourth, fifth and sixth innings of a commodity cycle, tertiary sectors like metallurgical coal become more attractive. Sure, met coal, also known as coking coal, is not ESG friendly, but there is no way around it for steel production and hence the construction of skyscrapers, bridges and things like that. So coming into this infrastructure boom all around the world, coal has plenty of upside. That’s why we own names like Arch Resources and Peabody Energy. They’re low-leveraged, and really cheap, once again, on a risk/reward basis.\n\nWhat are the biggest dangers to watch out for in the coming weeks and months?\n\nOne spot to watch are all these forbearance deals in commercial real estate.When we come out of Covid and the vaccines and the stimulus money are juicing through the economy, the market will be forcing the release of the forbearance on a lot of these loans. So if people don’t come back fast enough to the cities, these commercial real estate loans are going to get reset. This would mean some big defaults, and the banks own a lot of these loans. Also, a lot of leveraged loans are really rich. And then, there is potentially a fiscal cliff:\n The sustainability of the $1.9 trillion stimulus package isn’t that great because a lot of it is just transfer payments replacing lost income for people staying at home. That’s why the US needs a second stimulus bill. If we don’t get a second bill, we are going to have a problem in about a year from now.","news_type":1},"isVote":1,"tweetType":1,"viewCount":302,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":322115809,"gmtCreate":1615782515801,"gmtModify":1704786415663,"author":{"id":"3578112136424524","authorId":"3578112136424524","name":"XiaoYao86","avatar":"https://static.tigerbbs.com/2f4234838d17faf2cd6d8d212d0f0ca4","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3578112136424524","authorIdStr":"3578112136424524"},"themes":[],"htmlText":"need a like","listText":"need a like","text":"need a like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":7,"repostSize":0,"link":"https://ttm.financial/post/322115809","repostId":"1166656113","repostType":4,"repost":{"id":"1166656113","kind":"news","pubTimestamp":1615780492,"share":"https://ttm.financial/m/news/1166656113?lang=&edition=fundamental","pubTime":"2021-03-15 11:54","market":"us","language":"en","title":"AMC’s Chinese Owner Gives Up Control Over World’s Largest Cinema Chain","url":"https://stock-news.laohu8.com/highlight/detail?id=1166656113","media":"Bloomberg","summary":"Wanda’s stake in AMC Entertainment cut to 9.8% as of March\nTheater chain reported record loss of $4.","content":"<ul>\n <li>Wanda’s stake in AMC Entertainment cut to 9.8% as of March</li>\n <li>Theater chain reported record loss of $4.6 billion for 2020</li>\n</ul>\n<p>Dalian Wanda Group Co., the conglomerate founded by Chinese billionaire Wang Jianlin, has given up its majority control over&nbsp;AMC Entertainment Holdings Inc.&nbsp;after the world’s largest cinema chain reported a record loss of $4.6 billion for 2020 amid repeated warnings of insolvency.</p>\n<p>Wanda, which&nbsp;bought&nbsp;AMC in 2012 for $2.6 billion, cut its stake and voting power in the company to 9.8% as of March 3, AMC said in its annual report. The group continues to be AMC’s largest shareholder, the cinema chain’s Chief Executive Officer Adam Aron said in an earnings call. As of October, Wanda had held 37.7% of the Leawood, Kansas-based company and 64.5% of its voting power.</p>\n<p>Wanda’s dwindling holdings in AMC marks further contraction of the group’s operations outside of China after it&nbsp;sold&nbsp;its last overseas real estate project in Chicago last year. The company, spanning malls, films, sports and theme parks, was among Chinese conglomerates that accumulated some of the world’s largest debts after paying top prices for overseas trophy assets. The conglomerate has been slimming down aggressively since 2017 to pare debt.</p>\n<p>“With no controlling shareholder in place, now, AMC will be governed, just as most other publicly traded companies, with a wide array of shareholders,” Aron said during the call.</p>\n<p>The core businesses of Wanda have been hit by lockdowns and other pandemic-induced restrictions. AMC racked up the record loss after theater attendance plummeted over 90%. The cinema chain has raised more than $1 billion since December to keep itself afloat and has cut all non-essential spending.</p>\n<p>Wanda cut its stake in AMC to 23.1% by the end of December, with a voting power of 47.4%. In February, the group converted all outstanding Class B common stock to Class A common stock, resulting in further downsizing of its holdings, according to the annual report.</p>\n<p>The group may still have significant influence over AMC’s management because it sill has two board seats, according to the statement and Aron.</p>\n<p>AMC’s stock has surged more than fivefold this year to $11.16,fueled&nbsp;by an investment frenzy led by Reddit users.</p>\n<p>At the height of its overseas expansion, Wanda bought landmark assets including Spanish soccer club Atletico Madrid, Hollywood studio&nbsp;Legendary Entertainment&nbsp;and luxury real estates in Beverly Hills and London. Most of these assets have been disposed of. Last year, Wanda also sold its Ironman triathlon business for $730 million.</p>","source":"lsy1584095487587","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>AMC’s Chinese Owner Gives Up Control Over World’s Largest Cinema Chain</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nAMC’s Chinese Owner Gives Up Control Over World’s Largest Cinema Chain\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-03-15 11:54 GMT+8&nbsp;&nbsp;&nbsp;<a href=http://bloomberg.com/news/articles/2021-03-15/amc-s-chinese-owner-gives-up-control-over-largest-cinema-chain?srnd=premium-asia><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Wanda’s stake in AMC Entertainment cut to 9.8% as of March\nTheater chain reported record loss of $4.6 billion for 2020\n\nDalian Wanda Group Co., the conglomerate founded by Chinese billionaire Wang ...</p>\n\n<a href=\"http://bloomberg.com/news/articles/2021-03-15/amc-s-chinese-owner-gives-up-control-over-largest-cinema-chain?srnd=premium-asia\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"AMC":"AMC院线"},"source_url":"http://bloomberg.com/news/articles/2021-03-15/amc-s-chinese-owner-gives-up-control-over-largest-cinema-chain?srnd=premium-asia","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1166656113","content_text":"Wanda’s stake in AMC Entertainment cut to 9.8% as of March\nTheater chain reported record loss of $4.6 billion for 2020\n\nDalian Wanda Group Co., the conglomerate founded by Chinese billionaire Wang Jianlin, has given up its majority control over AMC Entertainment Holdings Inc. after the world’s largest cinema chain reported a record loss of $4.6 billion for 2020 amid repeated warnings of insolvency.\nWanda, which bought AMC in 2012 for $2.6 billion, cut its stake and voting power in the company to 9.8% as of March 3, AMC said in its annual report. The group continues to be AMC’s largest shareholder, the cinema chain’s Chief Executive Officer Adam Aron said in an earnings call. As of October, Wanda had held 37.7% of the Leawood, Kansas-based company and 64.5% of its voting power.\nWanda’s dwindling holdings in AMC marks further contraction of the group’s operations outside of China after it sold its last overseas real estate project in Chicago last year. The company, spanning malls, films, sports and theme parks, was among Chinese conglomerates that accumulated some of the world’s largest debts after paying top prices for overseas trophy assets. The conglomerate has been slimming down aggressively since 2017 to pare debt.\n“With no controlling shareholder in place, now, AMC will be governed, just as most other publicly traded companies, with a wide array of shareholders,” Aron said during the call.\nThe core businesses of Wanda have been hit by lockdowns and other pandemic-induced restrictions. AMC racked up the record loss after theater attendance plummeted over 90%. The cinema chain has raised more than $1 billion since December to keep itself afloat and has cut all non-essential spending.\nWanda cut its stake in AMC to 23.1% by the end of December, with a voting power of 47.4%. In February, the group converted all outstanding Class B common stock to Class A common stock, resulting in further downsizing of its holdings, according to the annual report.\nThe group may still have significant influence over AMC’s management because it sill has two board seats, according to the statement and Aron.\nAMC’s stock has surged more than fivefold this year to $11.16,fueled by an investment frenzy led by Reddit users.\nAt the height of its overseas expansion, Wanda bought landmark assets including Spanish soccer club Atletico Madrid, Hollywood studio Legendary Entertainment and luxury real estates in Beverly Hills and London. Most of these assets have been disposed of. Last year, Wanda also sold its Ironman triathlon business for $730 million.","news_type":1},"isVote":1,"tweetType":1,"viewCount":117,"authorTweetTopStatus":1,"verified":2,"comments":[{"author":{"id":"3560204717545571","authorId":"3560204717545571","name":"Kok","avatar":"https://static.tigerbbs.com/efc25bb5380f85af49509ed68d9a3d8f","crmLevel":7,"crmLevelSwitch":1,"idStr":"3560204717545571","authorIdStr":"3560204717545571"},"content":"please comment on my comment. tks!!","text":"please comment on my comment. tks!!","html":"please comment on my comment. tks!!"}],"imageCount":0,"langContent":"EN","totalScore":0},{"id":322953236,"gmtCreate":1615768920125,"gmtModify":1704786199404,"author":{"id":"3578112136424524","authorId":"3578112136424524","name":"XiaoYao86","avatar":"https://static.tigerbbs.com/2f4234838d17faf2cd6d8d212d0f0ca4","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3578112136424524","authorIdStr":"3578112136424524"},"themes":[],"htmlText":"Getting ready for the week","listText":"Getting ready for the week","text":"Getting ready for the week","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/322953236","isVote":1,"tweetType":1,"viewCount":94,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"hots":[{"id":322115809,"gmtCreate":1615782515801,"gmtModify":1704786415663,"author":{"id":"3578112136424524","authorId":"3578112136424524","name":"XiaoYao86","avatar":"https://static.tigerbbs.com/2f4234838d17faf2cd6d8d212d0f0ca4","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3578112136424524","authorIdStr":"3578112136424524"},"themes":[],"htmlText":"need a like","listText":"need a like","text":"need a like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":7,"repostSize":0,"link":"https://ttm.financial/post/322115809","repostId":"1166656113","repostType":4,"repost":{"id":"1166656113","kind":"news","pubTimestamp":1615780492,"share":"https://ttm.financial/m/news/1166656113?lang=&edition=fundamental","pubTime":"2021-03-15 11:54","market":"us","language":"en","title":"AMC’s Chinese Owner Gives Up Control Over World’s Largest Cinema Chain","url":"https://stock-news.laohu8.com/highlight/detail?id=1166656113","media":"Bloomberg","summary":"Wanda’s stake in AMC Entertainment cut to 9.8% as of March\nTheater chain reported record loss of $4.","content":"<ul>\n <li>Wanda’s stake in AMC Entertainment cut to 9.8% as of March</li>\n <li>Theater chain reported record loss of $4.6 billion for 2020</li>\n</ul>\n<p>Dalian Wanda Group Co., the conglomerate founded by Chinese billionaire Wang Jianlin, has given up its majority control over&nbsp;AMC Entertainment Holdings Inc.&nbsp;after the world’s largest cinema chain reported a record loss of $4.6 billion for 2020 amid repeated warnings of insolvency.</p>\n<p>Wanda, which&nbsp;bought&nbsp;AMC in 2012 for $2.6 billion, cut its stake and voting power in the company to 9.8% as of March 3, AMC said in its annual report. The group continues to be AMC’s largest shareholder, the cinema chain’s Chief Executive Officer Adam Aron said in an earnings call. As of October, Wanda had held 37.7% of the Leawood, Kansas-based company and 64.5% of its voting power.</p>\n<p>Wanda’s dwindling holdings in AMC marks further contraction of the group’s operations outside of China after it&nbsp;sold&nbsp;its last overseas real estate project in Chicago last year. The company, spanning malls, films, sports and theme parks, was among Chinese conglomerates that accumulated some of the world’s largest debts after paying top prices for overseas trophy assets. The conglomerate has been slimming down aggressively since 2017 to pare debt.</p>\n<p>“With no controlling shareholder in place, now, AMC will be governed, just as most other publicly traded companies, with a wide array of shareholders,” Aron said during the call.</p>\n<p>The core businesses of Wanda have been hit by lockdowns and other pandemic-induced restrictions. AMC racked up the record loss after theater attendance plummeted over 90%. The cinema chain has raised more than $1 billion since December to keep itself afloat and has cut all non-essential spending.</p>\n<p>Wanda cut its stake in AMC to 23.1% by the end of December, with a voting power of 47.4%. In February, the group converted all outstanding Class B common stock to Class A common stock, resulting in further downsizing of its holdings, according to the annual report.</p>\n<p>The group may still have significant influence over AMC’s management because it sill has two board seats, according to the statement and Aron.</p>\n<p>AMC’s stock has surged more than fivefold this year to $11.16,fueled&nbsp;by an investment frenzy led by Reddit users.</p>\n<p>At the height of its overseas expansion, Wanda bought landmark assets including Spanish soccer club Atletico Madrid, Hollywood studio&nbsp;Legendary Entertainment&nbsp;and luxury real estates in Beverly Hills and London. Most of these assets have been disposed of. Last year, Wanda also sold its Ironman triathlon business for $730 million.</p>","source":"lsy1584095487587","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>AMC’s Chinese Owner Gives Up Control Over World’s Largest Cinema Chain</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nAMC’s Chinese Owner Gives Up Control Over World’s Largest Cinema Chain\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-03-15 11:54 GMT+8&nbsp;&nbsp;&nbsp;<a href=http://bloomberg.com/news/articles/2021-03-15/amc-s-chinese-owner-gives-up-control-over-largest-cinema-chain?srnd=premium-asia><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Wanda’s stake in AMC Entertainment cut to 9.8% as of March\nTheater chain reported record loss of $4.6 billion for 2020\n\nDalian Wanda Group Co., the conglomerate founded by Chinese billionaire Wang ...</p>\n\n<a href=\"http://bloomberg.com/news/articles/2021-03-15/amc-s-chinese-owner-gives-up-control-over-largest-cinema-chain?srnd=premium-asia\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"AMC":"AMC院线"},"source_url":"http://bloomberg.com/news/articles/2021-03-15/amc-s-chinese-owner-gives-up-control-over-largest-cinema-chain?srnd=premium-asia","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1166656113","content_text":"Wanda’s stake in AMC Entertainment cut to 9.8% as of March\nTheater chain reported record loss of $4.6 billion for 2020\n\nDalian Wanda Group Co., the conglomerate founded by Chinese billionaire Wang Jianlin, has given up its majority control over AMC Entertainment Holdings Inc. after the world’s largest cinema chain reported a record loss of $4.6 billion for 2020 amid repeated warnings of insolvency.\nWanda, which bought AMC in 2012 for $2.6 billion, cut its stake and voting power in the company to 9.8% as of March 3, AMC said in its annual report. The group continues to be AMC’s largest shareholder, the cinema chain’s Chief Executive Officer Adam Aron said in an earnings call. As of October, Wanda had held 37.7% of the Leawood, Kansas-based company and 64.5% of its voting power.\nWanda’s dwindling holdings in AMC marks further contraction of the group’s operations outside of China after it sold its last overseas real estate project in Chicago last year. The company, spanning malls, films, sports and theme parks, was among Chinese conglomerates that accumulated some of the world’s largest debts after paying top prices for overseas trophy assets. The conglomerate has been slimming down aggressively since 2017 to pare debt.\n“With no controlling shareholder in place, now, AMC will be governed, just as most other publicly traded companies, with a wide array of shareholders,” Aron said during the call.\nThe core businesses of Wanda have been hit by lockdowns and other pandemic-induced restrictions. AMC racked up the record loss after theater attendance plummeted over 90%. The cinema chain has raised more than $1 billion since December to keep itself afloat and has cut all non-essential spending.\nWanda cut its stake in AMC to 23.1% by the end of December, with a voting power of 47.4%. In February, the group converted all outstanding Class B common stock to Class A common stock, resulting in further downsizing of its holdings, according to the annual report.\nThe group may still have significant influence over AMC’s management because it sill has two board seats, according to the statement and Aron.\nAMC’s stock has surged more than fivefold this year to $11.16,fueled by an investment frenzy led by Reddit users.\nAt the height of its overseas expansion, Wanda bought landmark assets including Spanish soccer club Atletico Madrid, Hollywood studio Legendary Entertainment and luxury real estates in Beverly Hills and London. Most of these assets have been disposed of. Last year, Wanda also sold its Ironman triathlon business for $730 million.","news_type":1},"isVote":1,"tweetType":1,"viewCount":117,"authorTweetTopStatus":1,"verified":2,"comments":[{"author":{"id":"3560204717545571","authorId":"3560204717545571","name":"Kok","avatar":"https://static.tigerbbs.com/efc25bb5380f85af49509ed68d9a3d8f","crmLevel":7,"crmLevelSwitch":1,"idStr":"3560204717545571","authorIdStr":"3560204717545571"},"content":"please comment on my comment. tks!!","text":"please comment on my comment. tks!!","html":"please comment on my comment. tks!!"}],"imageCount":0,"langContent":"EN","totalScore":0},{"id":359279103,"gmtCreate":1616407541602,"gmtModify":1704793627403,"author":{"id":"3578112136424524","authorId":"3578112136424524","name":"XiaoYao86","avatar":"https://static.tigerbbs.com/2f4234838d17faf2cd6d8d212d0f0ca4","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3578112136424524","authorIdStr":"3578112136424524"},"themes":[],"htmlText":"i need a like and a comment on my comment, thx! =)","listText":"i need a like and a comment on my comment, thx! =)","text":"i need a like and a comment on my comment, thx! =)","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":3,"repostSize":0,"link":"https://ttm.financial/post/359279103","repostId":"2121124227","repostType":4,"repost":{"id":"2121124227","kind":"highlight","weMediaInfo":{"introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"media_name":"Reuters","id":"1036604489","head_image":"https://static.tigerbbs.com/443ce19704621c837795676028cec868"},"pubTimestamp":1616406226,"share":"https://ttm.financial/m/news/2121124227?lang=&edition=fundamental","pubTime":"2021-03-22 17:43","market":"us","language":"en","title":"Facebook disables 1.3 billion fake accounts in Oct-Dec last year","url":"https://stock-news.laohu8.com/highlight/detail?id=2121124227","media":"Reuters","summary":"March 22 (Reuters) - Facebook Inc said on Monday it took down 1.3 billion fake accounts between Octo","content":"<p>March 22 (Reuters) - Facebook Inc said on Monday it took down 1.3 billion fake accounts between October and December last year.</p>\n<p>The company also removed more than 12 million pieces of content about COVID-19 and vaccines that global health experts flagged as misinformation, it said in a blog post.</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>Facebook disables 1.3 billion fake accounts in Oct-Dec last year</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nFacebook disables 1.3 billion fake accounts in Oct-Dec last year\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1036604489\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/443ce19704621c837795676028cec868);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Reuters </p>\n<p class=\"h-time\">2021-03-22 17:43</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>March 22 (Reuters) - Facebook Inc said on Monday it took down 1.3 billion fake accounts between October and December last year.</p>\n<p>The company also removed more than 12 million pieces of content about COVID-19 and vaccines that global health experts flagged as misinformation, it said in a blog post.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2121124227","content_text":"March 22 (Reuters) - Facebook Inc said on Monday it took down 1.3 billion fake accounts between October and December last year.\nThe company also removed more than 12 million pieces of content about COVID-19 and vaccines that global health experts flagged as misinformation, it said in a blog post.","news_type":1},"isVote":1,"tweetType":1,"viewCount":307,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":325465075,"gmtCreate":1615915643497,"gmtModify":1704788483925,"author":{"id":"3578112136424524","authorId":"3578112136424524","name":"XiaoYao86","avatar":"https://static.tigerbbs.com/2f4234838d17faf2cd6d8d212d0f0ca4","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3578112136424524","authorIdStr":"3578112136424524"},"themes":[],"htmlText":"Please like and comment on my comment! Thx =)","listText":"Please like and comment on my comment! Thx =)","text":"Please like and comment on my comment! Thx =)","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/325465075","repostId":"1121564086","repostType":4,"repost":{"id":"1121564086","kind":"news","pubTimestamp":1615899026,"share":"https://ttm.financial/m/news/1121564086?lang=&edition=fundamental","pubTime":"2021-03-16 20:50","market":"us","language":"en","title":"Larry McDonald Warns \"The Big [Market] Quake Is Coming\"","url":"https://stock-news.laohu8.com/highlight/detail?id=1121564086","media":"zerohedge","summary":"The mood is testy. Yields on Treasuries are rising, the dollar is trending stronger, and major tech ","content":"<p>The mood is testy. Yields on Treasuries are rising, the dollar is trending stronger, and major tech stocks are under pressure. Accordingly, tensions are high when the Federal Reserve decides on the future course of its monetary policy this Wednesday.</p>\n<p><i><b>«The Fed has its back against the wall,»</b></i>says Larry McDonald during a conversation via Zoom. The internationally renowned macro strategist and former senior trader at Lehman Brothers warns that the Federal Reserve has little time to mitigate the explosive situation in the bond and currency markets. Otherwise, he says, the global economy is at risk of another crisis.</p>\n<p>Since last spring, the founder of the independent investment advisor&nbsp;The Bear Traps Report&nbsp;has been&nbsp;recommending investments&nbsp;in the commodity sector, where he believes a new super cycle has begun. He&nbsp;reiterated his recommendation&nbsp;during his last conversation with The Market in late 2020. Today, his call for a big reflation trade has become the consensus on Wall Street.</p>\n<p>In this new interview with The Market/NZZ, which has been edited and condensed for clarity, Larry McDonald tells why he expects the Federal Reserve to resort to yield curve control fairly soon and what that will mean for gold and silver. He also explains why the rotation into commodities and value stocks is only just beginning and where he currently sees the best opportunities for investments.</p>\n<p><b>After the turmoil of the past few weeks, all eyes are on the Federal Reserve. What can investors expect from Wednesday's Fed meeting?</b></p>\n<blockquote>\n <b>We’re at a point where the market is moving way ahead of the Federal Reserve.</b>The Fed is on «outcome-based guidance», but the beast, that serpent in the market, wants more than that. Basically, the market is saying: «The US economy is going to grow 6 or 7% this year, and that will force you to taper in Q3 or Q4.» As investors are pricing in a tapering of the Fed’s asset purchases, financial conditions are tightening; especially in emerging markets, where spreads on credit default swaps are rising. So far, financial conditions are nowhere near extremely dangerous levels. But the problem is everybody thinks we’re in a similar situation as back in 2018.\n</blockquote>\n<p><b>What do you mean by that?</b></p>\n<blockquote>\n Once again, the Fed is playing «Tough Guy»: The market demands a policy pivot, but the Fed is trying to hold on to its path, essentially signaling to investors: «No way, relax». We had a similar set-up in 2013, 2016 and 2018. These were the three most significant monetary policy shifts where market pressures broke the Fed's desired policy path.\n <b>The problem is that back then the Fed had far more rope to play Tough Guy since the economy was stronger. In 2018 for instance</b>, the US economy was creating hundreds of thousands of jobs a month. In contrast, today’s employment-to-population ratio is 3.5 percentage points below January 2020 levels. This means 13 million Americans are outside the labor force. To get back to pre-pandemic levels, the economy has to create more than 540,000 jobs a month for two years.\n</blockquote>\n<p><b>So what does this mean for this week's Fed meeting?</b></p>\n<blockquote>\n <b>The Fed is planet earth’s central bank. Every time they tried to play Tough Guy, they’ve blown up the global economy.</b>This time, the Fed's Tough Guy window is much smaller. In 2018 or 2013 that window was nine to ten months. Now, it’s like two months because the economy is so weak. If they let financial conditions tighten further, they risk a major default cycle.\n <b>The negative multiplier effect of a stronger dollar is much higher to the world economy than the Fed anticipates</b>. They can't afford to let the dollar rip higher, because there is so much dollar denominated debt in the world, so much trade tied to the Greenback. If they blow that up, it will just blow back to the US and force the Fed into a policy shift anyway. It’s like with an oil change at the car repair shop: You can pay now or you can pay later. That’s why the Fed has to pay now.\n</blockquote>\n<p><b>Why?</b></p>\n<blockquote>\n <b>The Fed’s back is against the wall, all points to proactive action on March 17.</b>They must suppress taper fears and cut these risks off, or else they blow up the global economy for the 4th time since 2013. We’re hearing that they’re already getting incoming calls from emerging market central banks right now. If Fed Chairman Jay Powell plays Tough Guy by staying with the current path, without offering further assurances of deeper, more sustainable accommodation, the beast inside the market will keep pushing him until he breaks. We will see a repeat of Q4 2018 and Q1 2019, where the Fed was forced into an utterly embarrassing pivot. One of those is enough for Powell’s legacy, he doesn’t want two.\n</blockquote>\n<p><b>What kind of measures can be expected?</b></p>\n<blockquote>\n <b>Eventually, we will get the taper, but the overwhelming point is other weapons have to come first.</b>A Federal Reserve offering insufficient accommodation places markets in the crosshairs of a risk-off event. The first thing they will try to do is give some hard data points. For example, the US economy has to create 10 million jobs for the Fed to do anything on the balance sheet. Another way they can get out is calendar guidance, but that’s a more sophisticated weaponry. Bottom line, they should just say: «From now until the end of the year QE will continue at $120 billion a month, and we want PCE-inflation to get to between 2 and 2.5% and stay there for 24 months.» With that in place,\n <b>all they have to do is open the door two or three inches for yield curve control, and they can contain the dollar.</b>\n</blockquote>\n<p><b>The last time the Federal Reserve used yield curve control was during the time of World War II. Why would it resort to such a radical measure?</b></p>\n<blockquote>\n <b>Here’s the dirty little secret: Too many Treasury bonds are for sale.</b>There aren’t enough buyers, and that will force the Fed to step in. More than $3.6 trillion of US government paper was issued in 2020 versus $2.9 trillion in the prior year. With the new $1.9 trillion fiscal package coming from Washington, issuance in 2021 is slated to rise to $4 trillion. That’s a lot more than the Fed’s Treasury purchases through QE, so the spread between QE and debt issuance gets much wider. Washington is doing so much fiscal stimulus, I’m confident that this is going to force the Fed into yield curve control by September. If that’s the case, it will pressure the dollar lower and put commodities, value stocks, global cyclicals, materials and emerging markets into rotation overdrive.\n</blockquote>\n<p><b>How come?</b></p>\n<blockquote>\n <b>Yield curve control deployment is the tactical nuclear weaponry.</b>If the Fed throws out yield curve control just as a threat, it will suppress Treasury rates and real yields will go much more negative. Over the last couple of months, the issuance has overpowered inflation expectations. Think of it as a car race: Treasury issuances were driving up yields faster than inflation expectations rose. But if the Fed starts to acknowledge that they are going to bring out new weapons like calendar guidance and yield curve control, then they’re suppressing nominal yields. So if inflation expectations continue to rise, then real yields go big negative – and that’s when gold and silver will take off. I think silver can double from here until early next year. Gold could be up 50%.\n</blockquote>\n<p><b>How can investors best position themselves in this environment?</b></p>\n<blockquote>\n In terms of emerging markets, we’re\n <b>long Chile and Brazil.</b>In Asia, South Korea looks attractive. We also like the KWEB ETF which consists of the big Chinese tech stocks. In the commodity space, we have a position in the XME ETF which owns mainly\n <b>copper and steel names.</b>One of the best companies we own is Teck Resources. This stock is almost like a commodity mutual fund, because the company has exposure to copper, nickel and even energy. Another favorite is Mosaic because in a commodity cycle where you have weather problems around the world,\n <b>agricultural plays are a good bet.</b>\n</blockquote>\n<p><b>What about precious metals?</b></p>\n<blockquote>\n <b>When it comes to precious metals, we love silver miners</b>like Hecla Mining. When the Fed eases its policy, the silver miners will outperform the underlying metal, and they will outperform gold because there is more leverage there.\n</blockquote>\n<p><b>The gold price is down more than 15% since its all-time high in August. What’s the problem?</b></p>\n<blockquote>\n <b>Everyone thinks it’s 2013, so taper fears are sky high for gold. But the Fed cannot repeat its mistakes.</b>They must cap yields if they want to preserve the global economic recovery. Thus, the convexity with gold is very attractive. Every leg lower in real yields will act like a slingshot higher for gold. That’s why we love Newmont. The stock trades at 6x EBITDA with a 4% dividend yield which gives you some downside protection. And remember: The 2011-2016 commodity bust has made the balance sheet of these high quality gold mining companies a lot stronger.\n</blockquote>\n<p><b>President Joe Biden has just signed off on a $1.9 trillion economic program. What are the chances of a second stimulus bill, aimed at infrastructure?</b></p>\n<blockquote>\n It’s important to note that\n <b>a second fiscal deal for 2021 is not a slam dunk.</b>To pass the present $1.9 trillion stimulus bill, the Democrats used reconciliation. It’s a very special trick in US politics, because with reconciliation you don’t need 60 votes to pass a bill in the Senate. All you need is 50 votes. Yet, reconciliation has to be tied to a budget year. This means the next time the Democrats can use it is probably in the fourth quarter, late November or December, and tie it to the following year's budget. So the only way to do an infrastructure bill in the next six months is with a traditional piece of legislation.\n</blockquote>\n<p><b>Is that even possible, given how wide the rift between Republicans and Democrats has opened in recent years?</b></p>\n<blockquote>\n For that you need essentially ten Republicans. Right now, the centrists on the Hill, people like Mitt Romney on the Republican side or Joe Manchin on the Democrat side, are the most powerful people in Washington. They want to do an infrastructure program, but they want to finance it with tax revenue. They don’t believe in things like Modern Monetary Theory where the Fed is financing the deficit.\n <b>So you are going to need a tax hike. And in this regard, we’re hearing they could go after some type of flat tax on the FAANGs, the big technology companies.</b>\n</blockquote>\n<p><b>What does this mean for Apple, Google, Facebook and other tech heavyweights?</b></p>\n<blockquote>\n Keep in mind, we’re in a populist revolution:\n <b>The risk of inequality leading to social unrest is high, and that puts pressure on politicians to pass bills to tax the rich.</b>But a wealth tax is extremely complicated, it would take years. The simplest way to do something in terms of taxes is to tax larger companies. In the eighties, the top 100 companies in the US maintained about 45 to 50% of total profits. Today, the largest 20 companies command about 85 to 90%. In addition to that, close to 40% of the S&amp;P 500’s market cap is related to tech. So tech is the low hanging fruit for the populists in Congress to go after.\n</blockquote>\n<p><b>One more reason why tech stocks remain under pressure?</b></p>\n<blockquote>\n We run a bunch of models. For example, we look at Berkshire Hathaway’s share price versus the Nasdaq 100 or the Dow Jones Industrial versus the Nasdaq. March 8th was the second time in 2021 that the Nasdaq closed down 2% with the Dow closing higher.\n <b>We haven’t seen this type of data since the dotcom crash. It’s a very rare event which historically coincides with a longer-term rotation out of technology stocks. That’s a very encouraging signal for value stocks.</b>In this regard, we like the EWU ETF. It’s a wonderful basket of stocks because it’s full of financials and world class names like BP, Rio Tinto or Glencore. Officially, it’s called the United Kingdom ETF, but it’s more like a global value ETF.\n</blockquote>\n<p><b>Does this mean that the rotation towards cyclical stocks has only just begun?</b></p>\n<blockquote>\n <b>Many investors around the world are long a portfolio of stocks that was designed for the deflationary environment of the previous decade.</b>The decade ahead of us - with all what’s ahead in terms of fiscal and monetary stimulus, populism, regulation and taxes - will push investors toward more globally value related stocks. That’s where the best returns are going to be.\n</blockquote>\n<p><b>So the previously successful «buy the dip» strategy of simply buying more tech stocks after every decline no longer works?</b></p>\n<blockquote>\n <b>The potency of dip-buying is in decay mode.</b>Global value is really starting to kick tech in the teeth, and when that happens, it wakes up what's called «real money». Keep in mind: There is fast money, mostly hedge funds which are nimble and make quick moves. In contrast, real money moves slowly. Those types of investors don’t make asset allocation decisions quickly. They base their decisions on committees and all kinds of meetings. As a result, tectonic plates are shifting beneath our feet. We’ve seen tremors after tremors where value is starting to crush growth, and now the earthquake is coming. At Bear Traps, we have a Bloomberg chat with 650 institutional investors, and I can tell just by these conversations, that the real money is starting to move.\n <b>And when the real money moves, that’s when the big quake happens.</b>\n</blockquote>\n<p><b>What kind of dislocations will this cause?</b></p>\n<blockquote>\n <b>Tech will probably be down 30 to 40% sometime between now and the end of October.</b>Today, the market cap of the Nasdaq 100 is close to $12 trillion, but most large-cap tech stocks are unchanged since July last year, while commodity and value-related equities are up 20 to 50%. In the US, if you talk to a hundred high-net-worth families, every one of those families owns Apple, Google, Facebook and Amazon. But look what’s happening: Amazon’s stock is flat since the 4th of July 2020. That's $1.5 trillion of dead money. Last Friday, Amazon failed at the 200-day moving average again.\n <b>This is like Mike Tyson getting defeated by Buster Douglas, one of the greatest upsets in sports history. This psychology is moving through the market, pushing the capital migration process into value and commodity plays.</b>\n</blockquote>\n<p><b>However, investments in commodities are mostly not compliant with the trend towards ESG standards; especially when it comes to CO2 emissions.</b></p>\n<blockquote>\n <b>The best ESG trade on the board is nuclear power. The largest uranium company in the US is Cameco with a $7 market cap.</b>Think about that relative to Elon Musk’s net worth! I support the Green New Deal, but this needs time, because solar and wind are still too far away to produce the amount of energy needed around the world, especially in India and China. The only way to meet that demand is through nuclear power. Uranium is coming out of a ten-year bear market, and it’s going into a massive new bull market. All the contracts between power plants and uranium producers are going to be adjusted. That’s why we like the URA ETF which owns companies like Cameco. I see some of these companies as six baggers: 500% upside potential and 30 to 40% downside risk, because uranium is still a risky commodity.\n</blockquote>\n<p><b>In our&nbsp;last conversation, you recommended investments in the energy sector. Since then, names such as Chevron, Royal Dutch Shell or Exxon Mobil have advanced 25 to 60%. What do you advise investors to do now?</b></p>\n<blockquote>\n <b>For now, we’ve cut our energy book:</b>We’ve sold half of our shares in Chevron, and we’ve sold two thirds of our positions in Exxon Mobil and in the XLE ETF. What happens when you get into the fourth, fifth and sixth innings of a commodity cycle, tertiary sectors like metallurgical coal become more attractive. Sure, met coal, also known as coking coal, is not ESG friendly, but there is no way around it for steel production and hence the construction of skyscrapers, bridges and things like that. So coming into this infrastructure boom all around the world, coal has plenty of upside. That’s why we own names like Arch Resources and Peabody Energy. They’re low-leveraged, and really cheap, once again, on a risk/reward basis.\n</blockquote>\n<p><b>What are the biggest dangers to watch out for in the coming weeks and months?</b></p>\n<blockquote>\n <b>One spot to watch are all these forbearance deals in commercial real estate.</b>When we come out of Covid and the vaccines and the stimulus money are juicing through the economy, the market will be forcing the release of the forbearance on a lot of these loans. So if people don’t come back fast enough to the cities, these commercial real estate loans are going to get reset. This would mean some big defaults, and the banks own a lot of these loans. Also, a lot of leveraged loans are really rich. And then, there is potentially a fiscal cliff:\n <b>The sustainability of the $1.9 trillion stimulus package isn’t that great because a lot of it is just transfer payments replacing lost income for people staying at home. That’s why the US needs a second stimulus bill. If we don’t get a second bill, we are going to have a problem in about a year from now.</b>\n</blockquote>","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>Larry McDonald Warns \"The Big [Market] Quake Is Coming\"</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nLarry McDonald Warns \"The Big [Market] Quake Is Coming\"\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-03-16 20:50 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.zerohedge.com/markets/larry-mcdonald-warns-big-market-quake-coming><strong>zerohedge</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>The mood is testy. Yields on Treasuries are rising, the dollar is trending stronger, and major tech stocks are under pressure. Accordingly, tensions are high when the Federal Reserve decides on the ...</p>\n\n<a href=\"https://www.zerohedge.com/markets/larry-mcdonald-warns-big-market-quake-coming\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"https://www.zerohedge.com/markets/larry-mcdonald-warns-big-market-quake-coming","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1121564086","content_text":"The mood is testy. Yields on Treasuries are rising, the dollar is trending stronger, and major tech stocks are under pressure. Accordingly, tensions are high when the Federal Reserve decides on the future course of its monetary policy this Wednesday.\n«The Fed has its back against the wall,»says Larry McDonald during a conversation via Zoom. The internationally renowned macro strategist and former senior trader at Lehman Brothers warns that the Federal Reserve has little time to mitigate the explosive situation in the bond and currency markets. Otherwise, he says, the global economy is at risk of another crisis.\nSince last spring, the founder of the independent investment advisor The Bear Traps Report has been recommending investments in the commodity sector, where he believes a new super cycle has begun. He reiterated his recommendation during his last conversation with The Market in late 2020. Today, his call for a big reflation trade has become the consensus on Wall Street.\nIn this new interview with The Market/NZZ, which has been edited and condensed for clarity, Larry McDonald tells why he expects the Federal Reserve to resort to yield curve control fairly soon and what that will mean for gold and silver. He also explains why the rotation into commodities and value stocks is only just beginning and where he currently sees the best opportunities for investments.\nAfter the turmoil of the past few weeks, all eyes are on the Federal Reserve. What can investors expect from Wednesday's Fed meeting?\n\nWe’re at a point where the market is moving way ahead of the Federal Reserve.The Fed is on «outcome-based guidance», but the beast, that serpent in the market, wants more than that. Basically, the market is saying: «The US economy is going to grow 6 or 7% this year, and that will force you to taper in Q3 or Q4.» As investors are pricing in a tapering of the Fed’s asset purchases, financial conditions are tightening; especially in emerging markets, where spreads on credit default swaps are rising. So far, financial conditions are nowhere near extremely dangerous levels. But the problem is everybody thinks we’re in a similar situation as back in 2018.\n\nWhat do you mean by that?\n\n Once again, the Fed is playing «Tough Guy»: The market demands a policy pivot, but the Fed is trying to hold on to its path, essentially signaling to investors: «No way, relax». We had a similar set-up in 2013, 2016 and 2018. These were the three most significant monetary policy shifts where market pressures broke the Fed's desired policy path.\n The problem is that back then the Fed had far more rope to play Tough Guy since the economy was stronger. In 2018 for instance, the US economy was creating hundreds of thousands of jobs a month. In contrast, today’s employment-to-population ratio is 3.5 percentage points below January 2020 levels. This means 13 million Americans are outside the labor force. To get back to pre-pandemic levels, the economy has to create more than 540,000 jobs a month for two years.\n\nSo what does this mean for this week's Fed meeting?\n\nThe Fed is planet earth’s central bank. Every time they tried to play Tough Guy, they’ve blown up the global economy.This time, the Fed's Tough Guy window is much smaller. In 2018 or 2013 that window was nine to ten months. Now, it’s like two months because the economy is so weak. If they let financial conditions tighten further, they risk a major default cycle.\n The negative multiplier effect of a stronger dollar is much higher to the world economy than the Fed anticipates. They can't afford to let the dollar rip higher, because there is so much dollar denominated debt in the world, so much trade tied to the Greenback. If they blow that up, it will just blow back to the US and force the Fed into a policy shift anyway. It’s like with an oil change at the car repair shop: You can pay now or you can pay later. That’s why the Fed has to pay now.\n\nWhy?\n\nThe Fed’s back is against the wall, all points to proactive action on March 17.They must suppress taper fears and cut these risks off, or else they blow up the global economy for the 4th time since 2013. We’re hearing that they’re already getting incoming calls from emerging market central banks right now. If Fed Chairman Jay Powell plays Tough Guy by staying with the current path, without offering further assurances of deeper, more sustainable accommodation, the beast inside the market will keep pushing him until he breaks. We will see a repeat of Q4 2018 and Q1 2019, where the Fed was forced into an utterly embarrassing pivot. One of those is enough for Powell’s legacy, he doesn’t want two.\n\nWhat kind of measures can be expected?\n\nEventually, we will get the taper, but the overwhelming point is other weapons have to come first.A Federal Reserve offering insufficient accommodation places markets in the crosshairs of a risk-off event. The first thing they will try to do is give some hard data points. For example, the US economy has to create 10 million jobs for the Fed to do anything on the balance sheet. Another way they can get out is calendar guidance, but that’s a more sophisticated weaponry. Bottom line, they should just say: «From now until the end of the year QE will continue at $120 billion a month, and we want PCE-inflation to get to between 2 and 2.5% and stay there for 24 months.» With that in place,\n all they have to do is open the door two or three inches for yield curve control, and they can contain the dollar.\n\nThe last time the Federal Reserve used yield curve control was during the time of World War II. Why would it resort to such a radical measure?\n\nHere’s the dirty little secret: Too many Treasury bonds are for sale.There aren’t enough buyers, and that will force the Fed to step in. More than $3.6 trillion of US government paper was issued in 2020 versus $2.9 trillion in the prior year. With the new $1.9 trillion fiscal package coming from Washington, issuance in 2021 is slated to rise to $4 trillion. That’s a lot more than the Fed’s Treasury purchases through QE, so the spread between QE and debt issuance gets much wider. Washington is doing so much fiscal stimulus, I’m confident that this is going to force the Fed into yield curve control by September. If that’s the case, it will pressure the dollar lower and put commodities, value stocks, global cyclicals, materials and emerging markets into rotation overdrive.\n\nHow come?\n\nYield curve control deployment is the tactical nuclear weaponry.If the Fed throws out yield curve control just as a threat, it will suppress Treasury rates and real yields will go much more negative. Over the last couple of months, the issuance has overpowered inflation expectations. Think of it as a car race: Treasury issuances were driving up yields faster than inflation expectations rose. But if the Fed starts to acknowledge that they are going to bring out new weapons like calendar guidance and yield curve control, then they’re suppressing nominal yields. So if inflation expectations continue to rise, then real yields go big negative – and that’s when gold and silver will take off. I think silver can double from here until early next year. Gold could be up 50%.\n\nHow can investors best position themselves in this environment?\n\n In terms of emerging markets, we’re\n long Chile and Brazil.In Asia, South Korea looks attractive. We also like the KWEB ETF which consists of the big Chinese tech stocks. In the commodity space, we have a position in the XME ETF which owns mainly\n copper and steel names.One of the best companies we own is Teck Resources. This stock is almost like a commodity mutual fund, because the company has exposure to copper, nickel and even energy. Another favorite is Mosaic because in a commodity cycle where you have weather problems around the world,\n agricultural plays are a good bet.\n\nWhat about precious metals?\n\nWhen it comes to precious metals, we love silver minerslike Hecla Mining. When the Fed eases its policy, the silver miners will outperform the underlying metal, and they will outperform gold because there is more leverage there.\n\nThe gold price is down more than 15% since its all-time high in August. What’s the problem?\n\nEveryone thinks it’s 2013, so taper fears are sky high for gold. But the Fed cannot repeat its mistakes.They must cap yields if they want to preserve the global economic recovery. Thus, the convexity with gold is very attractive. Every leg lower in real yields will act like a slingshot higher for gold. That’s why we love Newmont. The stock trades at 6x EBITDA with a 4% dividend yield which gives you some downside protection. And remember: The 2011-2016 commodity bust has made the balance sheet of these high quality gold mining companies a lot stronger.\n\nPresident Joe Biden has just signed off on a $1.9 trillion economic program. What are the chances of a second stimulus bill, aimed at infrastructure?\n\n It’s important to note that\n a second fiscal deal for 2021 is not a slam dunk.To pass the present $1.9 trillion stimulus bill, the Democrats used reconciliation. It’s a very special trick in US politics, because with reconciliation you don’t need 60 votes to pass a bill in the Senate. All you need is 50 votes. Yet, reconciliation has to be tied to a budget year. This means the next time the Democrats can use it is probably in the fourth quarter, late November or December, and tie it to the following year's budget. So the only way to do an infrastructure bill in the next six months is with a traditional piece of legislation.\n\nIs that even possible, given how wide the rift between Republicans and Democrats has opened in recent years?\n\n For that you need essentially ten Republicans. Right now, the centrists on the Hill, people like Mitt Romney on the Republican side or Joe Manchin on the Democrat side, are the most powerful people in Washington. They want to do an infrastructure program, but they want to finance it with tax revenue. They don’t believe in things like Modern Monetary Theory where the Fed is financing the deficit.\n So you are going to need a tax hike. And in this regard, we’re hearing they could go after some type of flat tax on the FAANGs, the big technology companies.\n\nWhat does this mean for Apple, Google, Facebook and other tech heavyweights?\n\n Keep in mind, we’re in a populist revolution:\n The risk of inequality leading to social unrest is high, and that puts pressure on politicians to pass bills to tax the rich.But a wealth tax is extremely complicated, it would take years. The simplest way to do something in terms of taxes is to tax larger companies. In the eighties, the top 100 companies in the US maintained about 45 to 50% of total profits. Today, the largest 20 companies command about 85 to 90%. In addition to that, close to 40% of the S&P 500’s market cap is related to tech. So tech is the low hanging fruit for the populists in Congress to go after.\n\nOne more reason why tech stocks remain under pressure?\n\n We run a bunch of models. For example, we look at Berkshire Hathaway’s share price versus the Nasdaq 100 or the Dow Jones Industrial versus the Nasdaq. March 8th was the second time in 2021 that the Nasdaq closed down 2% with the Dow closing higher.\n We haven’t seen this type of data since the dotcom crash. It’s a very rare event which historically coincides with a longer-term rotation out of technology stocks. That’s a very encouraging signal for value stocks.In this regard, we like the EWU ETF. It’s a wonderful basket of stocks because it’s full of financials and world class names like BP, Rio Tinto or Glencore. Officially, it’s called the United Kingdom ETF, but it’s more like a global value ETF.\n\nDoes this mean that the rotation towards cyclical stocks has only just begun?\n\nMany investors around the world are long a portfolio of stocks that was designed for the deflationary environment of the previous decade.The decade ahead of us - with all what’s ahead in terms of fiscal and monetary stimulus, populism, regulation and taxes - will push investors toward more globally value related stocks. That’s where the best returns are going to be.\n\nSo the previously successful «buy the dip» strategy of simply buying more tech stocks after every decline no longer works?\n\nThe potency of dip-buying is in decay mode.Global value is really starting to kick tech in the teeth, and when that happens, it wakes up what's called «real money». Keep in mind: There is fast money, mostly hedge funds which are nimble and make quick moves. In contrast, real money moves slowly. Those types of investors don’t make asset allocation decisions quickly. They base their decisions on committees and all kinds of meetings. As a result, tectonic plates are shifting beneath our feet. We’ve seen tremors after tremors where value is starting to crush growth, and now the earthquake is coming. At Bear Traps, we have a Bloomberg chat with 650 institutional investors, and I can tell just by these conversations, that the real money is starting to move.\n And when the real money moves, that’s when the big quake happens.\n\nWhat kind of dislocations will this cause?\n\nTech will probably be down 30 to 40% sometime between now and the end of October.Today, the market cap of the Nasdaq 100 is close to $12 trillion, but most large-cap tech stocks are unchanged since July last year, while commodity and value-related equities are up 20 to 50%. In the US, if you talk to a hundred high-net-worth families, every one of those families owns Apple, Google, Facebook and Amazon. But look what’s happening: Amazon’s stock is flat since the 4th of July 2020. That's $1.5 trillion of dead money. Last Friday, Amazon failed at the 200-day moving average again.\n This is like Mike Tyson getting defeated by Buster Douglas, one of the greatest upsets in sports history. This psychology is moving through the market, pushing the capital migration process into value and commodity plays.\n\nHowever, investments in commodities are mostly not compliant with the trend towards ESG standards; especially when it comes to CO2 emissions.\n\nThe best ESG trade on the board is nuclear power. The largest uranium company in the US is Cameco with a $7 market cap.Think about that relative to Elon Musk’s net worth! I support the Green New Deal, but this needs time, because solar and wind are still too far away to produce the amount of energy needed around the world, especially in India and China. The only way to meet that demand is through nuclear power. Uranium is coming out of a ten-year bear market, and it’s going into a massive new bull market. All the contracts between power plants and uranium producers are going to be adjusted. That’s why we like the URA ETF which owns companies like Cameco. I see some of these companies as six baggers: 500% upside potential and 30 to 40% downside risk, because uranium is still a risky commodity.\n\nIn our last conversation, you recommended investments in the energy sector. Since then, names such as Chevron, Royal Dutch Shell or Exxon Mobil have advanced 25 to 60%. What do you advise investors to do now?\n\nFor now, we’ve cut our energy book:We’ve sold half of our shares in Chevron, and we’ve sold two thirds of our positions in Exxon Mobil and in the XLE ETF. What happens when you get into the fourth, fifth and sixth innings of a commodity cycle, tertiary sectors like metallurgical coal become more attractive. Sure, met coal, also known as coking coal, is not ESG friendly, but there is no way around it for steel production and hence the construction of skyscrapers, bridges and things like that. So coming into this infrastructure boom all around the world, coal has plenty of upside. That’s why we own names like Arch Resources and Peabody Energy. They’re low-leveraged, and really cheap, once again, on a risk/reward basis.\n\nWhat are the biggest dangers to watch out for in the coming weeks and months?\n\nOne spot to watch are all these forbearance deals in commercial real estate.When we come out of Covid and the vaccines and the stimulus money are juicing through the economy, the market will be forcing the release of the forbearance on a lot of these loans. So if people don’t come back fast enough to the cities, these commercial real estate loans are going to get reset. This would mean some big defaults, and the banks own a lot of these loans. Also, a lot of leveraged loans are really rich. And then, there is potentially a fiscal cliff:\n The sustainability of the $1.9 trillion stimulus package isn’t that great because a lot of it is just transfer payments replacing lost income for people staying at home. That’s why the US needs a second stimulus bill. If we don’t get a second bill, we are going to have a problem in about a year from now.","news_type":1},"isVote":1,"tweetType":1,"viewCount":302,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":113255276,"gmtCreate":1622621943095,"gmtModify":1704187489675,"author":{"id":"3578112136424524","authorId":"3578112136424524","name":"XiaoYao86","avatar":"https://static.tigerbbs.com/2f4234838d17faf2cd6d8d212d0f0ca4","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3578112136424524","authorIdStr":"3578112136424524"},"themes":[],"htmlText":"<a target=\"_blank\" href=\"https://laohu8.com/S/AMC\">$AMC Entertainment(AMC)$</a> DOESNT FILL THE ORDER ON TIGER BROKER....","listText":"<a target=\"_blank\" href=\"https://laohu8.com/S/AMC\">$AMC Entertainment(AMC)$</a> DOESNT FILL THE ORDER ON TIGER BROKER....","text":"$AMC Entertainment(AMC)$ DOESNT FILL THE ORDER ON TIGER BROKER....","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/113255276","isVote":1,"tweetType":1,"viewCount":1221,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":105473989,"gmtCreate":1620324977441,"gmtModify":1704342000226,"author":{"id":"3578112136424524","authorId":"3578112136424524","name":"XiaoYao86","avatar":"https://static.tigerbbs.com/2f4234838d17faf2cd6d8d212d0f0ca4","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3578112136424524","authorIdStr":"3578112136424524"},"themes":[],"htmlText":"Great ariticle, would you like to share it?","listText":"Great ariticle, would you like to share it?","text":"Great ariticle, would you like to share it?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/105473989","repostId":"103348062","repostType":1,"repost":{"id":103348062,"gmtCreate":1619751041453,"gmtModify":1704271848602,"author":{"id":"3510558082622800","authorId":"3510558082622800","name":"胖虎哒哒","avatar":"https://static.tigerbbs.com/75b95d9326c02813b7b87ba8c1eccb5a","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3510558082622800","authorIdStr":"3510558082622800"},"themes":[],"title":"【轉】77歲日本富豪交往4000名美女，娶AV嫩妻3個月後暴斃家中，如今終破案…","htmlText":"2018年5月24日晚上，日本和歌山縣田邊市發生一起命案。 77歲的富豪野崎幸助在自己家中突然身亡，經查死因爲急性興奮劑中毒。 當時，家中還有另外兩人—— 一位是與野崎幸助結婚僅僅3個多月的22歲嬌妻須藤早貴， 還有一位是與野崎幸助有着約20年交情、負責照顧他生活的66歲家政婦阿姨。 案件發生後，日本警方隨即展開調查，但一時難以找到有力的證據。 如今案發3年後，警方於今天4月28日以涉嫌殺人和違反興奮劑取締法逮捕了須藤早貴。 有關77歲富豪縱情聲色的一生，及其暴斃後的案件調查情況，我們從頭說起。 【從普通人家走出的“紀州唐璜” 砸30億日元和4000名女性發生關係】 野崎幸助於1941年出生於和歌山縣田邊市，家**有7個孩子，他在男孩中排行老三。 家裏經營着酒坊生意，日子過得並不寬裕。 在當時的環境下，很多孩子都是初中畢業後就開始工作。 野崎幸助也不例外，初中畢業後他就做過撿拾廢鐵、上門推銷酒品、金融業等各種各樣的工作。 當時，避孕套還屬於稀奇物品，賣這個來錢快。 於是立志成爲富豪的野崎幸助，就做起了上門推銷避孕套的工作。 在2016年12月出版的《紀州的唐璜 爲4000名美女花費30億日元的男人》一書中，記述了這麼一個誇張的細節。 野崎幸助當初上門推銷避孕套的時候，時常會選擇丈夫出門的家庭，以主婦爲對象進行“實際演示”促銷。 年僅20多歲的野崎幸助，憑着又動腦又動身體，月收入達到了當時上班族的3倍水平。 通過推銷避孕套賺了第一桶金，後來野崎幸助又把錢轉到放貸行業。 由此，野崎幸助正式走上暴富之路，成爲當地小有名氣的富豪。 與此同時，他也開始出入各地的高級俱樂部，毫不吝惜把錢砸在女人身上。 爲了“色慾”不惜代價，是他早早就確立的人生“哲學”。 據知情人士透露，野崎幸助每次給陪伴過夜的女性都是30~40萬日元（約合人民幣1.8萬~2.4萬元），這個價位比一些日本上班族的月薪還","listText":"2018年5月24日晚上，日本和歌山縣田邊市發生一起命案。 77歲的富豪野崎幸助在自己家中突然身亡，經查死因爲急性興奮劑中毒。 當時，家中還有另外兩人—— 一位是與野崎幸助結婚僅僅3個多月的22歲嬌妻須藤早貴， 還有一位是與野崎幸助有着約20年交情、負責照顧他生活的66歲家政婦阿姨。 案件發生後，日本警方隨即展開調查，但一時難以找到有力的證據。 如今案發3年後，警方於今天4月28日以涉嫌殺人和違反興奮劑取締法逮捕了須藤早貴。 有關77歲富豪縱情聲色的一生，及其暴斃後的案件調查情況，我們從頭說起。 【從普通人家走出的“紀州唐璜” 砸30億日元和4000名女性發生關係】 野崎幸助於1941年出生於和歌山縣田邊市，家**有7個孩子，他在男孩中排行老三。 家裏經營着酒坊生意，日子過得並不寬裕。 在當時的環境下，很多孩子都是初中畢業後就開始工作。 野崎幸助也不例外，初中畢業後他就做過撿拾廢鐵、上門推銷酒品、金融業等各種各樣的工作。 當時，避孕套還屬於稀奇物品，賣這個來錢快。 於是立志成爲富豪的野崎幸助，就做起了上門推銷避孕套的工作。 在2016年12月出版的《紀州的唐璜 爲4000名美女花費30億日元的男人》一書中，記述了這麼一個誇張的細節。 野崎幸助當初上門推銷避孕套的時候，時常會選擇丈夫出門的家庭，以主婦爲對象進行“實際演示”促銷。 年僅20多歲的野崎幸助，憑着又動腦又動身體，月收入達到了當時上班族的3倍水平。 通過推銷避孕套賺了第一桶金，後來野崎幸助又把錢轉到放貸行業。 由此，野崎幸助正式走上暴富之路，成爲當地小有名氣的富豪。 與此同時，他也開始出入各地的高級俱樂部，毫不吝惜把錢砸在女人身上。 爲了“色慾”不惜代價，是他早早就確立的人生“哲學”。 據知情人士透露，野崎幸助每次給陪伴過夜的女性都是30~40萬日元（約合人民幣1.8萬~2.4萬元），這個價位比一些日本上班族的月薪還","text":"2018年5月24日晚上，日本和歌山縣田邊市發生一起命案。 77歲的富豪野崎幸助在自己家中突然身亡，經查死因爲急性興奮劑中毒。 當時，家中還有另外兩人—— 一位是與野崎幸助結婚僅僅3個多月的22歲嬌妻須藤早貴， 還有一位是與野崎幸助有着約20年交情、負責照顧他生活的66歲家政婦阿姨。 案件發生後，日本警方隨即展開調查，但一時難以找到有力的證據。 如今案發3年後，警方於今天4月28日以涉嫌殺人和違反興奮劑取締法逮捕了須藤早貴。 有關77歲富豪縱情聲色的一生，及其暴斃後的案件調查情況，我們從頭說起。 【從普通人家走出的“紀州唐璜” 砸30億日元和4000名女性發生關係】 野崎幸助於1941年出生於和歌山縣田邊市，家**有7個孩子，他在男孩中排行老三。 家裏經營着酒坊生意，日子過得並不寬裕。 在當時的環境下，很多孩子都是初中畢業後就開始工作。 野崎幸助也不例外，初中畢業後他就做過撿拾廢鐵、上門推銷酒品、金融業等各種各樣的工作。 當時，避孕套還屬於稀奇物品，賣這個來錢快。 於是立志成爲富豪的野崎幸助，就做起了上門推銷避孕套的工作。 在2016年12月出版的《紀州的唐璜 爲4000名美女花費30億日元的男人》一書中，記述了這麼一個誇張的細節。 野崎幸助當初上門推銷避孕套的時候，時常會選擇丈夫出門的家庭，以主婦爲對象進行“實際演示”促銷。 年僅20多歲的野崎幸助，憑着又動腦又動身體，月收入達到了當時上班族的3倍水平。 通過推銷避孕套賺了第一桶金，後來野崎幸助又把錢轉到放貸行業。 由此，野崎幸助正式走上暴富之路，成爲當地小有名氣的富豪。 與此同時，他也開始出入各地的高級俱樂部，毫不吝惜把錢砸在女人身上。 爲了“色慾”不惜代價，是他早早就確立的人生“哲學”。 據知情人士透露，野崎幸助每次給陪伴過夜的女性都是30~40萬日元（約合人民幣1.8萬~2.4萬元），這個價位比一些日本上班族的月薪還","images":[{"img":"https://static.tigerbbs.com/f4c48210f991b035d2dfde9997d73298","width":"632","height":"461"},{"img":"https://static.tigerbbs.com/08776715feda661e238e7b294cf7f63b","width":"450","height":"351"},{"img":"https://static.tigerbbs.com/2f68e513d0e4b86b7e15a386378c06a6","width":"632","height":"350"}],"top":1,"highlighted":2,"essential":1,"paper":2,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/103348062","isVote":1,"tweetType":1,"viewCount":0,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":28,"langContent":"CN","totalScore":0},"isVote":1,"tweetType":1,"viewCount":718,"authorTweetTopStatus":1,"verified":2,"comments":[{"author":{"id":"3515677085772011","authorId":"3515677085772011","name":"老特资本","avatar":"https://static.tigerbbs.com/2e94c23bbbf9eaa7982385d5e639a294","crmLevel":2,"crmLevelSwitch":0,"idStr":"3515677085772011","authorIdStr":"3515677085772011"},"content":"Buy doge, add my chat in profile, I'll tell you how.","text":"Buy doge, add my chat in profile, I'll tell you how.","html":"Buy doge, add my chat in profile, I'll tell you how."}],"imageCount":0,"langContent":"EN","totalScore":0},{"id":161768681,"gmtCreate":1623940951343,"gmtModify":1703824161507,"author":{"id":"3578112136424524","authorId":"3578112136424524","name":"XiaoYao86","avatar":"https://static.tigerbbs.com/2f4234838d17faf2cd6d8d212d0f0ca4","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3578112136424524","authorIdStr":"3578112136424524"},"themes":[],"htmlText":"Great ariticle, would you like to share it?","listText":"Great ariticle, would you like to share it?","text":"Great ariticle, would you like to share it?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/161768681","repostId":"115854315","repostType":1,"repost":{"id":115854315,"gmtCreate":1622976180000,"gmtModify":1704193998899,"author":{"id":"3524030243818067","authorId":"3524030243818067","name":"巴伦周刊","avatar":"https://static.tigerbbs.com/2a88e8bd37e8c66a6dfdca78e1466369","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3524030243818067","authorIdStr":"3524030243818067"},"themes":[],"title":"1000美元一年炒到500萬！草根股神的成功能複製嗎？","htmlText":"在剛剛開始炒股的時候，紐威爾甚至都不知道自己在做什麼，很快就虧掉了9500美元，大約相當於全部財產的一半。在投入了大量的時間自學市場知識和歷史趨勢之後，紐威爾2019年11月重新上路了，而這次，他只投入了1000美元。大約一年後，他三個賬戶當中的財富總規模就達到了500萬美元左右。他最主要的投資策略就是根據動能進行日間交易，比如買進上漲股票，賣出下跌股票來追逐趨勢。 ” 2019年11月25日，紐威爾(Cameron Newell)給自己設定了一項重大挑戰——他要在股市當中將1000美元的初始資金炒到500萬美元，同時在網上記錄自己的全部交易。2020年12月23日，他成功了。 “我甚至連大學學位都還沒拿到。”紐威爾看待自己很是客觀，“我高中的平均成績點（GPA）是2.3，到了大學也就是2.5的樣子。總之，我可不是什麼天才或者了不起的人物，我只是找到了自己喜歡做的事情。” 一位朋友教會了紐威爾炒股，並將他帶到了全美散戶重要集結地Robinhood。見到炒股門檻如此之低，紐威爾覺得自己不妨一試。 “我敢說，如果不是因爲Robinhood，我是不會開始交易的，因爲我打死也不願意支付佣金。”紐威爾表示，“在我看來，那就是不該存在的東西。” 在剛剛開始炒股的時候，紐威爾甚至都不知道自己在做什麼，很快就虧掉了9500美元，大約相當於全部財產的一半——這裏麪包括父母給的錢，以及自己早年打零工的一點積蓄。 在投入了大量的時間自學市場知識和歷史趨勢之後，紐威爾2019年11月重新上路了，而這次，他只投入了1000美元。大約一年後，他三個賬戶當中的財富總規模就達到了500萬美元左右。他最主要的投資策略就是根據動能進行日間交易，比如買進上漲股票，賣出下跌股票來追逐趨勢。 紐威爾相信，自己的成功，其實其他人也完全可以複製，因此他現在已經開始在網上教別人炒股了。只是，他的方法不見得就適合所有人——","listText":"在剛剛開始炒股的時候，紐威爾甚至都不知道自己在做什麼，很快就虧掉了9500美元，大約相當於全部財產的一半。在投入了大量的時間自學市場知識和歷史趨勢之後，紐威爾2019年11月重新上路了，而這次，他只投入了1000美元。大約一年後，他三個賬戶當中的財富總規模就達到了500萬美元左右。他最主要的投資策略就是根據動能進行日間交易，比如買進上漲股票，賣出下跌股票來追逐趨勢。 ” 2019年11月25日，紐威爾(Cameron Newell)給自己設定了一項重大挑戰——他要在股市當中將1000美元的初始資金炒到500萬美元，同時在網上記錄自己的全部交易。2020年12月23日，他成功了。 “我甚至連大學學位都還沒拿到。”紐威爾看待自己很是客觀，“我高中的平均成績點（GPA）是2.3，到了大學也就是2.5的樣子。總之，我可不是什麼天才或者了不起的人物，我只是找到了自己喜歡做的事情。” 一位朋友教會了紐威爾炒股，並將他帶到了全美散戶重要集結地Robinhood。見到炒股門檻如此之低，紐威爾覺得自己不妨一試。 “我敢說，如果不是因爲Robinhood，我是不會開始交易的，因爲我打死也不願意支付佣金。”紐威爾表示，“在我看來，那就是不該存在的東西。” 在剛剛開始炒股的時候，紐威爾甚至都不知道自己在做什麼，很快就虧掉了9500美元，大約相當於全部財產的一半——這裏麪包括父母給的錢，以及自己早年打零工的一點積蓄。 在投入了大量的時間自學市場知識和歷史趨勢之後，紐威爾2019年11月重新上路了，而這次，他只投入了1000美元。大約一年後，他三個賬戶當中的財富總規模就達到了500萬美元左右。他最主要的投資策略就是根據動能進行日間交易，比如買進上漲股票，賣出下跌股票來追逐趨勢。 紐威爾相信，自己的成功，其實其他人也完全可以複製，因此他現在已經開始在網上教別人炒股了。只是，他的方法不見得就適合所有人——","text":"在剛剛開始炒股的時候，紐威爾甚至都不知道自己在做什麼，很快就虧掉了9500美元，大約相當於全部財產的一半。在投入了大量的時間自學市場知識和歷史趨勢之後，紐威爾2019年11月重新上路了，而這次，他只投入了1000美元。大約一年後，他三個賬戶當中的財富總規模就達到了500萬美元左右。他最主要的投資策略就是根據動能進行日間交易，比如買進上漲股票，賣出下跌股票來追逐趨勢。 ” 2019年11月25日，紐威爾(Cameron Newell)給自己設定了一項重大挑戰——他要在股市當中將1000美元的初始資金炒到500萬美元，同時在網上記錄自己的全部交易。2020年12月23日，他成功了。 “我甚至連大學學位都還沒拿到。”紐威爾看待自己很是客觀，“我高中的平均成績點（GPA）是2.3，到了大學也就是2.5的樣子。總之，我可不是什麼天才或者了不起的人物，我只是找到了自己喜歡做的事情。” 一位朋友教會了紐威爾炒股，並將他帶到了全美散戶重要集結地Robinhood。見到炒股門檻如此之低，紐威爾覺得自己不妨一試。 “我敢說，如果不是因爲Robinhood，我是不會開始交易的，因爲我打死也不願意支付佣金。”紐威爾表示，“在我看來，那就是不該存在的東西。” 在剛剛開始炒股的時候，紐威爾甚至都不知道自己在做什麼，很快就虧掉了9500美元，大約相當於全部財產的一半——這裏麪包括父母給的錢，以及自己早年打零工的一點積蓄。 在投入了大量的時間自學市場知識和歷史趨勢之後，紐威爾2019年11月重新上路了，而這次，他只投入了1000美元。大約一年後，他三個賬戶當中的財富總規模就達到了500萬美元左右。他最主要的投資策略就是根據動能進行日間交易，比如買進上漲股票，賣出下跌股票來追逐趨勢。 紐威爾相信，自己的成功，其實其他人也完全可以複製，因此他現在已經開始在網上教別人炒股了。只是，他的方法不見得就適合所有人——","images":[{"img":"https://static.tigerbbs.com/5868a8e86f5647c183d405b4c47ebbca"}],"top":1,"highlighted":2,"essential":1,"paper":2,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/115854315","isVote":1,"tweetType":1,"viewCount":0,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"CN","totalScore":0},"isVote":1,"tweetType":1,"viewCount":610,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":161761745,"gmtCreate":1623940937887,"gmtModify":1703824161177,"author":{"id":"3578112136424524","authorId":"3578112136424524","name":"XiaoYao86","avatar":"https://static.tigerbbs.com/2f4234838d17faf2cd6d8d212d0f0ca4","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3578112136424524","authorIdStr":"3578112136424524"},"themes":[],"htmlText":"Great ariticle, would you like to share it?","listText":"Great ariticle, would you like to share it?","text":"Great ariticle, would you like to share it?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/161761745","repostId":"114899451","repostType":1,"repost":{"id":114899451,"gmtCreate":1623063308869,"gmtModify":1704195267674,"author":{"id":"36984908995200","authorId":"36984908995200","name":"小虎活动","avatar":"https://static.tigerbbs.com/44a4f89726b3f6319d06a0075bf9ff76","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"36984908995200","authorIdStr":"36984908995200"},"themes":[],"title":"【老虎7週年】集卡瓜分百萬獎金","htmlText":"老虎7週年給大家發福利了，集齊TIGER五個字母即有機會瓜分百萬獎金，你準備好了嗎？ <a href=\"https://www.itiger.com/activity/market/2021/7th-anniversary?lang=zh_CN\" target=\"_blank\">戳我即可參與活動</a> &#x1;如何參與？ 用戶可通過完成活動頁面展示的當日任務列表來獲得字母卡，每完成一個任務即可隨機獲得一個字母，用戶集齊“TIGER”五個字母即可參與瓜分百萬股票代金券，每個用戶單日最多可獲得20張字母卡（不包括好友贈予和魔法卡）。 用戶在活動期間邀請累計7名好友完成註冊並開戶（註冊時間和開戶時間均在活動期間），即可獲得一張魔法卡（每人僅可獲得一張魔法卡）。魔法卡可用於兌換TIGER中的任意一個字母。&#x1;如果用戶的某一字母卡數量爲0，則字母卡爲灰色，用戶可通過點擊灰色的字母卡向好友索要卡片；如果用戶的字母卡數量大於0，則字母卡爲彩色，用戶可通過點擊彩色的字母卡向好友贈送卡片。當用戶集齊TIGER之後將無法再索要卡片或者贈送卡片。 &#x1; &#x1;如何獲得獎勵？ 用戶可在2021年7月1日至2021年7月2日期間進行開獎，所有集齊TIGER的客戶可點擊活動頁面的“開獎”按鈕，即可查看自己瓜分到的股票代金券獎勵。在開獎時間段內未點擊開獎的用戶將無法獲得獎勵。&#x1; 獎勵發放： 股票代金券將在開獎後的1個工作日內發放至用戶的獎勵中心，用戶需要在獎勵發放後的20天內前往【Tiger Trade APP &gt; 我的 &gt; 活動獎勵】領取，過期未領取的獎勵將自動失效。 重要提示： 本次7週年活動涉及不同國家和地區，由於各地區的監管要求不同，不同地區的活動獎勵會有所區別。欲知詳情，請點擊下方活動鏈接，登陸您的賬號，並點擊“活動規則“查看詳情。","listText":"老虎7週年給大家發福利了，集齊TIGER五個字母即有機會瓜分百萬獎金，你準備好了嗎？ <a href=\"https://www.itiger.com/activity/market/2021/7th-anniversary?lang=zh_CN\" target=\"_blank\">戳我即可參與活動</a> &#x1;如何參與？ 用戶可通過完成活動頁面展示的當日任務列表來獲得字母卡，每完成一個任務即可隨機獲得一個字母，用戶集齊“TIGER”五個字母即可參與瓜分百萬股票代金券，每個用戶單日最多可獲得20張字母卡（不包括好友贈予和魔法卡）。 用戶在活動期間邀請累計7名好友完成註冊並開戶（註冊時間和開戶時間均在活動期間），即可獲得一張魔法卡（每人僅可獲得一張魔法卡）。魔法卡可用於兌換TIGER中的任意一個字母。&#x1;如果用戶的某一字母卡數量爲0，則字母卡爲灰色，用戶可通過點擊灰色的字母卡向好友索要卡片；如果用戶的字母卡數量大於0，則字母卡爲彩色，用戶可通過點擊彩色的字母卡向好友贈送卡片。當用戶集齊TIGER之後將無法再索要卡片或者贈送卡片。 &#x1; &#x1;如何獲得獎勵？ 用戶可在2021年7月1日至2021年7月2日期間進行開獎，所有集齊TIGER的客戶可點擊活動頁面的“開獎”按鈕，即可查看自己瓜分到的股票代金券獎勵。在開獎時間段內未點擊開獎的用戶將無法獲得獎勵。&#x1; 獎勵發放： 股票代金券將在開獎後的1個工作日內發放至用戶的獎勵中心，用戶需要在獎勵發放後的20天內前往【Tiger Trade APP &gt; 我的 &gt; 活動獎勵】領取，過期未領取的獎勵將自動失效。 重要提示： 本次7週年活動涉及不同國家和地區，由於各地區的監管要求不同，不同地區的活動獎勵會有所區別。欲知詳情，請點擊下方活動鏈接，登陸您的賬號，並點擊“活動規則“查看詳情。","text":"老虎7週年給大家發福利了，集齊TIGER五個字母即有機會瓜分百萬獎金，你準備好了嗎？ 戳我即可參與活動 \u0001如何參與？ 用戶可通過完成活動頁面展示的當日任務列表來獲得字母卡，每完成一個任務即可隨機獲得一個字母，用戶集齊“TIGER”五個字母即可參與瓜分百萬股票代金券，每個用戶單日最多可獲得20張字母卡（不包括好友贈予和魔法卡）。 用戶在活動期間邀請累計7名好友完成註冊並開戶（註冊時間和開戶時間均在活動期間），即可獲得一張魔法卡（每人僅可獲得一張魔法卡）。魔法卡可用於兌換TIGER中的任意一個字母。\u0001如果用戶的某一字母卡數量爲0，則字母卡爲灰色，用戶可通過點擊灰色的字母卡向好友索要卡片；如果用戶的字母卡數量大於0，則字母卡爲彩色，用戶可通過點擊彩色的字母卡向好友贈送卡片。當用戶集齊TIGER之後將無法再索要卡片或者贈送卡片。 \u0001 \u0001如何獲得獎勵？ 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本次7週年活動涉及不同國家和地區，由於各地區的監管要求不同，不同地區的活動獎勵會有所區別。欲知詳情，請點擊下方活動鏈接，登陸您的賬號，並點擊“活動規則“查看詳情。","images":[{"img":"https://static.tigerbbs.com/fd956a9c2fc9ee609753ae5f967072a7","width":"415","height":"616"},{"img":"https://static.tigerbbs.com/92e88357b534f504b3088bc22f577a83","width":"415","height":"326"},{"img":"https://static.tigerbbs.com/fe0400cc487fb56f85d401ab03df4d5e","width":"415","height":"356"}],"top":1,"highlighted":2,"essential":1,"paper":2,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/114899451","isVote":1,"tweetType":1,"viewCount":0,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":8,"langContent":"CN","totalScore":0},"isVote":1,"tweetType":1,"viewCount":597,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":161769138,"gmtCreate":1623940868724,"gmtModify":1703824156400,"author":{"id":"3578112136424524","authorId":"3578112136424524","name":"XiaoYao86","avatar":"https://static.tigerbbs.com/2f4234838d17faf2cd6d8d212d0f0ca4","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3578112136424524","authorIdStr":"3578112136424524"},"themes":[],"htmlText":"Hmmm, think it goes boom soon","listText":"Hmmm, think it goes boom soon","text":"Hmmm, think it goes boom soon","images":[{"img":"https://static.tigerbbs.com/44e0c70e248c50fc99d7c2beb2a93451","width":"1125","height":"2262"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/161769138","isVote":1,"tweetType":1,"viewCount":562,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":163026894,"gmtCreate":1623854107318,"gmtModify":1703821542148,"author":{"id":"3578112136424524","authorId":"3578112136424524","name":"XiaoYao86","avatar":"https://static.tigerbbs.com/2f4234838d17faf2cd6d8d212d0f0ca4","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3578112136424524","authorIdStr":"3578112136424524"},"themes":[],"htmlText":"Very good! Total support!&nbsp;cost to raise a child in&nbsp; China is higher than most of the other countries. Pressure on kids are huge as well!","listText":"Very good! Total support!&nbsp;cost to raise a child in&nbsp; China is higher than most of the other countries. Pressure on kids are huge as well!","text":"Very good! Total support! cost to raise a child in China is higher than most of the other countries. Pressure on kids are huge as 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href=\"https://laohu8.com/S/09988\">$阿里巴巴-SW(09988)$</a> 、<a target=\"_blank\" href=\"https://laohu8.com/S/09618\">$京東集團-SW(09618)$</a> 、<a target=\"_blank\" href=\"https://laohu8.com/S/01024\">$快手-W(01024)$</a> 、<a target=\"_blank\" href=\"https://laohu8.com/S/01810\">$小米集團-W(01810)$</a> 等悉數下挫。 港股新能源汽車及產業鏈個股全線下跌，<a target=\"_blank\" href=\"https://laohu8.com/S/01211\">$比亞迪股份(01211)$</a> 跌2%，<a target=\"_blank\" href=\"https://laohu8.com/S/01316\">$耐世特(01316)$</a> 跌1.9%，贛鋒鋰業跌1.9%，長城汽車跌1.7%，吉利汽車跌1.5%。 港股醫藥股多數下跌，<a target=\"_blank\" href=\"https://laohu8.com/S/06160\">$百濟神州(06160)$</a> 跌6.8%，<a target=\"_blank\" href=\"https://laohu8.com/S/02196\">$復星醫藥(02196)</a>","text":"聊聊今日份的交易想法，包括對於大盤走勢後續的看法？看漲/看跌哪隻股票、曬曬單等等。 港股市場 5月5日，恆生指數開盤下跌129.47點，跌幅0.45%；國企指數開盤下跌58.21點，跌幅0.54%；紅籌指數開盤上漲5.22點，漲幅0.13%。 恆生科技指數低開1.25%，$阿里巴巴-SW(09988)$ 、$京東集團-SW(09618)$ 、$快手-W(01024)$ 、$小米集團-W(01810)$ 等悉數下挫。 港股新能源汽車及產業鏈個股全線下跌，$比亞迪股份(01211)$ 跌2%，$耐世特(01316)$ 跌1.9%，贛鋒鋰業跌1.9%，長城汽車跌1.7%，吉利汽車跌1.5%。 港股醫藥股多數下跌，$百濟神州(06160)$ 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will blow up or down?","listText":"Amc will blow up or down?","text":"Amc will blow up or down?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/196519570","isVote":1,"tweetType":1,"viewCount":399,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":105473043,"gmtCreate":1620324962382,"gmtModify":1704341999904,"author":{"id":"3578112136424524","authorId":"3578112136424524","name":"XiaoYao86","avatar":"https://static.tigerbbs.com/2f4234838d17faf2cd6d8d212d0f0ca4","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3578112136424524","authorIdStr":"3578112136424524"},"themes":[],"htmlText":"Great ariticle, would you like to share it?","listText":"Great ariticle, would you like to share it?","text":"Great ariticle, would you like to share it?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/105473043","repostId":"109373456","repostType":1,"repost":{"id":109373456,"gmtCreate":1619668910772,"gmtModify":1704727720328,"author":{"id":"21347731130544","authorId":"21347731130544","name":"价值投资为王","avatar":"https://static.tigerbbs.com/89ffffc59ff9ac9cb9cb74f596418d44","crmLevel":6,"crmLevelSwitch":0,"followedFlag":false,"idStr":"21347731130544","authorIdStr":"21347731130544"},"themes":[],"title":"蘋果賺嗨了，新一季財報震驚華爾街！","htmlText":"週四，蘋果盤前漲超3%。 2天后，一年一度的投資界盛會——巴菲特股東大會將要召開，衆所周知，蘋果是伯克希爾第一大重倉股，持股倉位近43%。 在大會召開之前，庫克給巴菲特送了一份大禮。 美東時間4月28日盤後，科技巨頭蘋果發佈了2021財年Q2財報，數據顯示，在過去的一個季度，蘋果實現896億美元的營收，淨利潤達到236億美元，同比暴增110%！ 新財報大超華爾街預期，賺嗨了蘋果在財報發佈後股價上漲2.34%，逼近歷史新高！ 一花獨放不是春，百花齊放春滿園！ 對於蘋果2021財年Q2財報，市場的預期一直較爲悲觀。 一般來說，每一財年的Q1財報對應自然年的四季度，往往是蘋果新品發佈和全球購物狂歡節密集舉行的時刻，也是蘋果營收最高的一個季度。 但上一財季，蘋果在依靠大中華區玩命爆發的情況下，才支撐住營收增長21%，大本營美洲和第二大營收來源歐洲的營收增速表現並不好。 這讓華爾街對本次財報預期較爲悲觀，畢竟單純依賴大中華區爆發無疑於孤注一擲。沒成想，一季度蘋果全面開花，無論是手機還是電腦、無論是美洲還是歐洲，蘋果皆異軍突起，交出一份漂亮的答卷！ 具體來看，在Q2財季中，蘋果實現896億美元的營收，同比增長53.6%，遠超彭博分析師一致預期的773億美元的預測，也超越華爾街最樂觀的831億美元的預測值！ 從收入貢獻來源來看，蘋果一般劃分2種類型收入，一個是產品銷售收入，另一個是服務收入。 在Q2中，產品銷售收入實現726.8億美元，同比增長61.6%，超越53.6%的整體營收增速，是Q2財報大超預期的主要原因。 服務收入方面，受ios產品基數增長的影響，服務收入一直增長較爲穩定，但在Q2，受益於產品銷售暴增，服務收入同比增長26.6%，創下近期以來的新高！ 產品銷售猛增不止是iPhone12比較香，從財報披露的數據來看，iPad銷售額78億美元，同比大增78%，是增速最快的產品類型。","listText":"週四，蘋果盤前漲超3%。 2天后，一年一度的投資界盛會——巴菲特股東大會將要召開，衆所周知，蘋果是伯克希爾第一大重倉股，持股倉位近43%。 在大會召開之前，庫克給巴菲特送了一份大禮。 美東時間4月28日盤後，科技巨頭蘋果發佈了2021財年Q2財報，數據顯示，在過去的一個季度，蘋果實現896億美元的營收，淨利潤達到236億美元，同比暴增110%！ 新財報大超華爾街預期，賺嗨了蘋果在財報發佈後股價上漲2.34%，逼近歷史新高！ 一花獨放不是春，百花齊放春滿園！ 對於蘋果2021財年Q2財報，市場的預期一直較爲悲觀。 一般來說，每一財年的Q1財報對應自然年的四季度，往往是蘋果新品發佈和全球購物狂歡節密集舉行的時刻，也是蘋果營收最高的一個季度。 但上一財季，蘋果在依靠大中華區玩命爆發的情況下，才支撐住營收增長21%，大本營美洲和第二大營收來源歐洲的營收增速表現並不好。 這讓華爾街對本次財報預期較爲悲觀，畢竟單純依賴大中華區爆發無疑於孤注一擲。沒成想，一季度蘋果全面開花，無論是手機還是電腦、無論是美洲還是歐洲，蘋果皆異軍突起，交出一份漂亮的答卷！ 具體來看，在Q2財季中，蘋果實現896億美元的營收，同比增長53.6%，遠超彭博分析師一致預期的773億美元的預測，也超越華爾街最樂觀的831億美元的預測值！ 從收入貢獻來源來看，蘋果一般劃分2種類型收入，一個是產品銷售收入，另一個是服務收入。 在Q2中，產品銷售收入實現726.8億美元，同比增長61.6%，超越53.6%的整體營收增速，是Q2財報大超預期的主要原因。 服務收入方面，受ios產品基數增長的影響，服務收入一直增長較爲穩定，但在Q2，受益於產品銷售暴增，服務收入同比增長26.6%，創下近期以來的新高！ 產品銷售猛增不止是iPhone12比較香，從財報披露的數據來看，iPad銷售額78億美元，同比大增78%，是增速最快的產品類型。","text":"週四，蘋果盤前漲超3%。 2天后，一年一度的投資界盛會——巴菲特股東大會將要召開，衆所周知，蘋果是伯克希爾第一大重倉股，持股倉位近43%。 在大會召開之前，庫克給巴菲特送了一份大禮。 美東時間4月28日盤後，科技巨頭蘋果發佈了2021財年Q2財報，數據顯示，在過去的一個季度，蘋果實現896億美元的營收，淨利潤達到236億美元，同比暴增110%！ 新財報大超華爾街預期，賺嗨了蘋果在財報發佈後股價上漲2.34%，逼近歷史新高！ 一花獨放不是春，百花齊放春滿園！ 對於蘋果2021財年Q2財報，市場的預期一直較爲悲觀。 一般來說，每一財年的Q1財報對應自然年的四季度，往往是蘋果新品發佈和全球購物狂歡節密集舉行的時刻，也是蘋果營收最高的一個季度。 但上一財季，蘋果在依靠大中華區玩命爆發的情況下，才支撐住營收增長21%，大本營美洲和第二大營收來源歐洲的營收增速表現並不好。 這讓華爾街對本次財報預期較爲悲觀，畢竟單純依賴大中華區爆發無疑於孤注一擲。沒成想，一季度蘋果全面開花，無論是手機還是電腦、無論是美洲還是歐洲，蘋果皆異軍突起，交出一份漂亮的答卷！ 具體來看，在Q2財季中，蘋果實現896億美元的營收，同比增長53.6%，遠超彭博分析師一致預期的773億美元的預測，也超越華爾街最樂觀的831億美元的預測值！ 從收入貢獻來源來看，蘋果一般劃分2種類型收入，一個是產品銷售收入，另一個是服務收入。 在Q2中，產品銷售收入實現726.8億美元，同比增長61.6%，超越53.6%的整體營收增速，是Q2財報大超預期的主要原因。 服務收入方面，受ios產品基數增長的影響，服務收入一直增長較爲穩定，但在Q2，受益於產品銷售暴增，服務收入同比增長26.6%，創下近期以來的新高！ 產品銷售猛增不止是iPhone12比較香，從財報披露的數據來看，iPad銷售額78億美元，同比大增78%，是增速最快的產品類型。","images":[{"img":"https://static.tigerbbs.com/212e1dfc9627f80efeab6332df4efb4c","width":"869","height":"459"},{"img":"https://static.tigerbbs.com/c5c9bf0135f4bc94ba846be006cb12d6","width":"826","height":"461"},{"img":"https://static.tigerbbs.com/4290d55ce5d8f7f93ea548e777b676d9","width":"875","height":"452"}],"top":1,"highlighted":2,"essential":2,"paper":2,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/109373456","isVote":1,"tweetType":1,"viewCount":0,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":6,"langContent":"CN","totalScore":0},"isVote":1,"tweetType":1,"viewCount":236,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":105479725,"gmtCreate":1620324945767,"gmtModify":1704341999581,"author":{"id":"3578112136424524","authorId":"3578112136424524","name":"XiaoYao86","avatar":"https://static.tigerbbs.com/2f4234838d17faf2cd6d8d212d0f0ca4","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3578112136424524","authorIdStr":"3578112136424524"},"themes":[],"htmlText":"Great ariticle, would you like to share it?","listText":"Great ariticle, would you like to share it?","text":"Great ariticle, would you like to share it?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/105479725","repostId":"374652923","repostType":1,"repost":{"id":374652923,"gmtCreate":1619445620762,"gmtModify":1704724013461,"author":{"id":"3555926517215344","authorId":"3555926517215344","name":"走马财经","avatar":"https://static.tigerbbs.com/e421cf207f1b9b3827a49f1d17bead5a","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3555926517215344","authorIdStr":"3555926517215344"},"themes":[],"title":"怎麼看美團被反壟斷立案調查","htmlText":"4月26日港股收盤後，市場傳出消息，美團被國家市場監督管理總局立案調查，因其此前涉嫌“二選一”壟斷行爲被舉報。可能有人提前獲取了消息，美團早盤大幅高開，但高開低走，收盤小跌。美團官方很快做出迴應：今日，美團接到國家市場監管總局通知，依法對美團涉嫌壟斷行爲立案調查。公司將積極配合監管部門調查，進一步提升業務合規管理水平，保障用戶以及各方主體合法權益，促進行業長期健康發展，切實履行社會責任。目前公司各項業務正常運行。事情大致就是阿里巴巴被調查的翻版。本文將從結果預期、對應影響以及如何解讀三個方面來分析。結果預期樂觀預期，美團的反壟斷調查結果可能在罰款數千萬-10億之間。中性預期，美團反壟斷調查結果可能在罰款10-39億之間。悲觀預期，美團反壟斷調查結果可能在罰款39-100億之間。先說說不同預期的原因。根據阿里巴巴的處罰結果，公告給出的解釋是按照阿里2019年營收的4%做出處罰，而處罰標準是4%-10%。美團2019年總營收975億，如果按照4%的比例計算，結果是39億，如果按照10%計算，結果是97.5億，接近100億。樂觀預期的理由是，阿里巴巴的營收，是商家的廣告費和佣金，不含快遞運輸成本，快遞費用是商家自己和快遞公司結算的，因此阿里巴巴雖然很賺錢，但是它的2019年變現率也不過3.74%。美團外賣的營收，是包含了騎手的送餐費的，這筆費用類似於實物電商中的快遞費，因爲外賣時效性的原因，平臺向商家收取後再分配給騎手更合理。根據2019年美團財報，該部分平均單筆訂單分配給騎手的費用大約5元，約佔美團外賣營收的70%。2019年美團外賣的變現率是14%，拋開分配給騎手的送餐費後，實際上的變現率也不過4%左右，考慮到外賣訂單單均價格遠低於阿里的實物電商，這個變現率其實是不高的。如果我們把美團的營收做這樣一個拆解，就會發現單純根據阿里的4%去參考並不公平，真正的計算方式應該是將外賣營","listText":"4月26日港股收盤後，市場傳出消息，美團被國家市場監督管理總局立案調查，因其此前涉嫌“二選一”壟斷行爲被舉報。可能有人提前獲取了消息，美團早盤大幅高開，但高開低走，收盤小跌。美團官方很快做出迴應：今日，美團接到國家市場監管總局通知，依法對美團涉嫌壟斷行爲立案調查。公司將積極配合監管部門調查，進一步提升業務合規管理水平，保障用戶以及各方主體合法權益，促進行業長期健康發展，切實履行社會責任。目前公司各項業務正常運行。事情大致就是阿里巴巴被調查的翻版。本文將從結果預期、對應影響以及如何解讀三個方面來分析。結果預期樂觀預期，美團的反壟斷調查結果可能在罰款數千萬-10億之間。中性預期，美團反壟斷調查結果可能在罰款10-39億之間。悲觀預期，美團反壟斷調查結果可能在罰款39-100億之間。先說說不同預期的原因。根據阿里巴巴的處罰結果，公告給出的解釋是按照阿里2019年營收的4%做出處罰，而處罰標準是4%-10%。美團2019年總營收975億，如果按照4%的比例計算，結果是39億，如果按照10%計算，結果是97.5億，接近100億。樂觀預期的理由是，阿里巴巴的營收，是商家的廣告費和佣金，不含快遞運輸成本，快遞費用是商家自己和快遞公司結算的，因此阿里巴巴雖然很賺錢，但是它的2019年變現率也不過3.74%。美團外賣的營收，是包含了騎手的送餐費的，這筆費用類似於實物電商中的快遞費，因爲外賣時效性的原因，平臺向商家收取後再分配給騎手更合理。根據2019年美團財報，該部分平均單筆訂單分配給騎手的費用大約5元，約佔美團外賣營收的70%。2019年美團外賣的變現率是14%，拋開分配給騎手的送餐費後，實際上的變現率也不過4%左右，考慮到外賣訂單單均價格遠低於阿里的實物電商，這個變現率其實是不高的。如果我們把美團的營收做這樣一個拆解，就會發現單純根據阿里的4%去參考並不公平，真正的計算方式應該是將外賣營","text":"4月26日港股收盤後，市場傳出消息，美團被國家市場監督管理總局立案調查，因其此前涉嫌“二選一”壟斷行爲被舉報。可能有人提前獲取了消息，美團早盤大幅高開，但高開低走，收盤小跌。美團官方很快做出迴應：今日，美團接到國家市場監管總局通知，依法對美團涉嫌壟斷行爲立案調查。公司將積極配合監管部門調查，進一步提升業務合規管理水平，保障用戶以及各方主體合法權益，促進行業長期健康發展，切實履行社會責任。目前公司各項業務正常運行。事情大致就是阿里巴巴被調查的翻版。本文將從結果預期、對應影響以及如何解讀三個方面來分析。結果預期樂觀預期，美團的反壟斷調查結果可能在罰款數千萬-10億之間。中性預期，美團反壟斷調查結果可能在罰款10-39億之間。悲觀預期，美團反壟斷調查結果可能在罰款39-100億之間。先說說不同預期的原因。根據阿里巴巴的處罰結果，公告給出的解釋是按照阿里2019年營收的4%做出處罰，而處罰標準是4%-10%。美團2019年總營收975億，如果按照4%的比例計算，結果是39億，如果按照10%計算，結果是97.5億，接近100億。樂觀預期的理由是，阿里巴巴的營收，是商家的廣告費和佣金，不含快遞運輸成本，快遞費用是商家自己和快遞公司結算的，因此阿里巴巴雖然很賺錢，但是它的2019年變現率也不過3.74%。美團外賣的營收，是包含了騎手的送餐費的，這筆費用類似於實物電商中的快遞費，因爲外賣時效性的原因，平臺向商家收取後再分配給騎手更合理。根據2019年美團財報，該部分平均單筆訂單分配給騎手的費用大約5元，約佔美團外賣營收的70%。2019年美團外賣的變現率是14%，拋開分配給騎手的送餐費後，實際上的變現率也不過4%左右，考慮到外賣訂單單均價格遠低於阿里的實物電商，這個變現率其實是不高的。如果我們把美團的營收做這樣一個拆解，就會發現單純根據阿里的4%去參考並不公平，真正的計算方式應該是將外賣營","images":[{"img":"https://static.tigerbbs.com/bfea6fc65d70be8b5f0896579d3f8f41","width":"688","height":"353"},{"img":"https://static.tigerbbs.com/3c4dc8138f3fcd01a1c421f43db8f1ce","width":"688","height":"521"},{"img":"https://static.tigerbbs.com/49c4a80e14cee503caca66125689d35a","width":"678","height":"644"}],"top":1,"highlighted":2,"essential":2,"paper":2,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/374652923","isVote":1,"tweetType":1,"viewCount":0,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":5,"langContent":"CN","totalScore":0},"isVote":1,"tweetType":1,"viewCount":156,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":350565970,"gmtCreate":1616233309090,"gmtModify":1704792374776,"author":{"id":"3578112136424524","authorId":"3578112136424524","name":"XiaoYao86","avatar":"https://static.tigerbbs.com/2f4234838d17faf2cd6d8d212d0f0ca4","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3578112136424524","authorIdStr":"3578112136424524"},"themes":[],"htmlText":"Bad 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