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2022-09-30
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2022-07-28
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2023-03-03
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11:17","market":"sg","language":"en","title":"4 Singapore REITs Paying out Dividends in March","url":"https://stock-news.laohu8.com/highlight/detail?id=1194799179","media":"The Smart Investor","summary":"We feature four REITs that are doling out dividends this month.Dividends act as a stream of passive ","content":"<html><head></head><body><p>We feature four REITs that are doling out dividends this month.</p><p><img src=\"https://static.tigerbbs.com/68a70198d1286a38c920ae620d08d0d0\" tg-width=\"800\" tg-height=\"533\" width=\"100%\" height=\"auto\"/></p><p>Dividends act as a stream of passive income that can help to sustain your lifestyle when you retire.</p><p>Hence, it’s not surprising for income investors to search for dividend-paying stocks to add to their investment portfolios.</p><p>REITs are an asset class that pays out regular distributions and are suitable for income-seeking investors.</p><p>With the earnings season just over, we highlight four REITs that will be paying out their distributions this month.</p><p><b>Keppel DC REIT (SGX: AJBU)</b></p><p>Keppel DC REIT is a data centre REIT that owns a portfolio of 23 data centres across nine countries.</p><p>The REIT has assets under management (AUM) of S$3.7 billion as of 31 December 2022.</p><p>The data centre REIT reported steady growth in distribution per unit (DPU) for the second half of 2022 (2H 2022).</p><p>Gross revenue rose 4.3% year on year to S$141.8 million while net property income (NPI) inched up 4% year on year to S$129.3 million.</p><p>DPU increased by 4.8% year on year to S$0.05165, and this DPU will be paid out on 14 March.</p><p>For 2022, Keppel DC REIT’s DPU increased by 3.7% year on year to S$0.10214.</p><p>The REIT’s portfolio enjoyed a very high occupancy of 98.5% and also has a long weighted average lease expiry (WALE) of 8.4 years.</p><p>Its aggregate leverage stood at 36.4% and around three-quarters of the REIT’s loans are on fixed rates.</p><p><b>Mapletree Industrial Trust (SGX: ME8U)</b></p><p>Mapletree Industrial Trust, or MIT, is an industrial REIT with 85 properties in Singapore and 56 in the US comprising hi-tech buildings, flatted factories, and data centres.</p><p>The REIT’s AUM stood at S$8.8 billion as of 31 December 2022.</p><p>For MIT’s fiscal 2023’s third quarter (3Q FY2023), gross revenue increased 5% year on year to S$170.4 million.</p><p>NPI came in at S$128.8 million, up 4.9% year on year.</p><p>DPU, however, dipped by 2.9% year on year to S$0.0339.</p><p>This DPU will be paid out to unitholders on 14 March if they had chosen the cash option, or will be credited to unitholders in units if they had chosen the scrip option.</p><p>MIT’s trailing 12-month DPU came in at S$0.1373, giving its units a trailing 12-month distribution yield of 5.8%.</p><p>The REIT’s portfolio enjoyed a slight bump in occupancy from 95.6% to 95.7%.</p><p>MIT’s balance sheet remained robust with gearing at 37.2% along with a weighted average funding cost of 3.3%.</p><p>Redevelopment of the Kolam Ayer cluster is proceeding well, with one of the properties (165 Kallang Way) obtaining its Temporary Occupation Permit in November last year.</p><p><b>CapitaLand China Trust (SGX: AU8U)</b></p><p>CapitaLand China Trust, or CLCT, is a China-focused REIT with 11 shopping malls, five business park properties and four logistics park properties in its portfolio.</p><p>This portfolio has a gross floor area of around two million square metres and is spread out across 12 different Chinese cities.</p><p>The REIT reported an 8.6% year on year decline in gross revenue to S$183.9 million for 2H 2022 because of higher rental relief and downtime for several malls due to asset enhancement initiatives.</p><p>NPI fell 11.8% year on year to S$114.7 million while DPU fell sharply by 24.4% year on year to S$0.034.</p><p>Unitholders will receive this distribution on 30 March.</p><p>For 2022, gross revenue inched up 1.4% year on year to S$383.2 million with NPI edging up 1.5% year on year to S$254.2 million.</p><p>DPU for the year came in 14.1% lower than the prior year at S$0.075.</p><p>CLCT should see operating conditions improve this year as China reopens its borders and normalcy returns.</p><p>Gearing for the REIT stood at 39.6% as of 31 December 2022 and 71% of its loans were on fixed rates.</p><p><b>Cromwell European REIT (SGX: CWBU)</b></p><p>Cromwell European REIT, or CEREIT, invests in around 110 predominantly-freehold properties in countries in Europe and the Nordic regions such as Italy, France, Finland, Denmark, and Germany, to name a few.</p><p>Its portfolio stood at €2.5 billion as of 31 December 2022.</p><p>For 2H 2022, gross revenue rose 13.4% to €114.7 million while NPI increased by 5.5% year on year to €69.4 million.</p><p>DPU ticked up 0.4% year on year to €0.08494.</p><p>This distribution will be paid out on 31 March.</p><p>CEREIT’s DPU for 2022 fared slightly better, rising by 1.3% year on year to €0.17189.</p><p>The REIT also announced sturdy operating metrics, with occupancy hitting a new record high of 96% along with a positive rental reversion of 5.7% for 2022.</p><p>Gearing came in at 39.4% and 78% of the REIT’s debt was either hedged or on fixed rates.</p></body></html>","source":"lsy1602567310727","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>4 Singapore REITs Paying out Dividends in March</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\">\n4 Singapore REITs Paying out Dividends in March\n</h2>\n\n<h4 class=\"meta\">\n\n\n2023-03-03 11:17 GMT+8 <a href=https://thesmartinvestor.com.sg/4-singapore-reits-paying-out-dividends-in-march/><strong>The Smart Investor</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>We feature four REITs that are doling out dividends this month.Dividends act as a stream of passive income that can help to sustain your lifestyle when you retire.Hence, it’s not surprising for income...</p>\n\n<a href=\"https://thesmartinvestor.com.sg/4-singapore-reits-paying-out-dividends-in-march/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"ME8U.SI":"丰树工业信托","AJBU.SI":"吉宝数据中心房地产信托","AU8U.SI":"凯德商用中国信托","CWBU.SI":"Stoneweg Reit EUR"},"source_url":"https://thesmartinvestor.com.sg/4-singapore-reits-paying-out-dividends-in-march/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1194799179","content_text":"We feature four REITs that are doling out dividends this month.Dividends act as a stream of passive income that can help to sustain your lifestyle when you retire.Hence, it’s not surprising for income investors to search for dividend-paying stocks to add to their investment portfolios.REITs are an asset class that pays out regular distributions and are suitable for income-seeking investors.With the earnings season just over, we highlight four REITs that will be paying out their distributions this month.Keppel DC REIT (SGX: AJBU)Keppel DC REIT is a data centre REIT that owns a portfolio of 23 data centres across nine countries.The REIT has assets under management (AUM) of S$3.7 billion as of 31 December 2022.The data centre REIT reported steady growth in distribution per unit (DPU) for the second half of 2022 (2H 2022).Gross revenue rose 4.3% year on year to S$141.8 million while net property income (NPI) inched up 4% year on year to S$129.3 million.DPU increased by 4.8% year on year to S$0.05165, and this DPU will be paid out on 14 March.For 2022, Keppel DC REIT’s DPU increased by 3.7% year on year to S$0.10214.The REIT’s portfolio enjoyed a very high occupancy of 98.5% and also has a long weighted average lease expiry (WALE) of 8.4 years.Its aggregate leverage stood at 36.4% and around three-quarters of the REIT’s loans are on fixed rates.Mapletree Industrial Trust (SGX: ME8U)Mapletree Industrial Trust, or MIT, is an industrial REIT with 85 properties in Singapore and 56 in the US comprising hi-tech buildings, flatted factories, and data centres.The REIT’s AUM stood at S$8.8 billion as of 31 December 2022.For MIT’s fiscal 2023’s third quarter (3Q FY2023), gross revenue increased 5% year on year to S$170.4 million.NPI came in at S$128.8 million, up 4.9% year on year.DPU, however, dipped by 2.9% year on year to S$0.0339.This DPU will be paid out to unitholders on 14 March if they had chosen the cash option, or will be credited to unitholders in units if they had chosen the scrip option.MIT’s trailing 12-month DPU came in at S$0.1373, giving its units a trailing 12-month distribution yield of 5.8%.The REIT’s portfolio enjoyed a slight bump in occupancy from 95.6% to 95.7%.MIT’s balance sheet remained robust with gearing at 37.2% along with a weighted average funding cost of 3.3%.Redevelopment of the Kolam Ayer cluster is proceeding well, with one of the properties (165 Kallang Way) obtaining its Temporary Occupation Permit in November last year.CapitaLand China Trust (SGX: AU8U)CapitaLand China Trust, or CLCT, is a China-focused REIT with 11 shopping malls, five business park properties and four logistics park properties in its portfolio.This portfolio has a gross floor area of around two million square metres and is spread out across 12 different Chinese cities.The REIT reported an 8.6% year on year decline in gross revenue to S$183.9 million for 2H 2022 because of higher rental relief and downtime for several malls due to asset enhancement initiatives.NPI fell 11.8% year on year to S$114.7 million while DPU fell sharply by 24.4% year on year to S$0.034.Unitholders will receive this distribution on 30 March.For 2022, gross revenue inched up 1.4% year on year to S$383.2 million with NPI edging up 1.5% year on year to S$254.2 million.DPU for the year came in 14.1% lower than the prior year at S$0.075.CLCT should see operating conditions improve this year as China reopens its borders and normalcy returns.Gearing for the REIT stood at 39.6% as of 31 December 2022 and 71% of its loans were on fixed rates.Cromwell European REIT (SGX: CWBU)Cromwell European REIT, or CEREIT, invests in around 110 predominantly-freehold properties in countries in Europe and the Nordic regions such as Italy, France, Finland, Denmark, and Germany, to name a few.Its portfolio stood at €2.5 billion as of 31 December 2022.For 2H 2022, gross revenue rose 13.4% to €114.7 million while NPI increased by 5.5% year on year to €69.4 million.DPU ticked up 0.4% year on year to €0.08494.This distribution will be paid out on 31 March.CEREIT’s DPU for 2022 fared slightly better, rising by 1.3% year on year to €0.17189.The REIT also announced sturdy operating metrics, with occupancy hitting a new record high of 96% along with a positive rental reversion of 5.7% for 2022.Gearing came in at 39.4% and 78% of the REIT’s debt was either hedged or on fixed rates.","news_type":1},"isVote":1,"tweetType":1,"viewCount":895,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9940869784,"gmtCreate":1677813965349,"gmtModify":1677813969142,"author":{"id":"3582105005059542","authorId":"3582105005059542","name":"LiuJune","avatar":"https://static.tigerbbs.com/ab4f9594fcfea5e1e95f78b67bea199a","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3582105005059542","authorIdStr":"3582105005059542"},"themes":[],"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9940869784","repostId":"2316960400","repostType":4,"repost":{"id":"2316960400","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":1677797923,"share":"https://ttm.financial/m/news/2316960400?lang=&edition=fundamental","pubTime":"2023-03-03 06:58","market":"us","language":"en","title":"U.S. Stocks Gain As Bostic Backs Quarter-Point Hike and Touts Summer Pause","url":"https://stock-news.laohu8.com/highlight/detail?id=2316960400","media":"Reuters","summary":"10-yr Treasury yield holds above 4%Salesforce poised for biggest daily pct gain since August 2020Wee","content":"<html><head></head><body><ul><li>10-yr Treasury yield holds above 4%</li><li>Salesforce poised for biggest daily pct gain since August 2020</li><li>Weekly jobless claims fall more than expected</li><li>Dow up 1.05%, S&P 500 up 0.76%, Nasdaq up 0.73%</li></ul><p><img src=\"https://static.tigerbbs.com/33967626775041ea9a89c9d69c051002\" tg-width=\"1080\" tg-height=\"1920\" width=\"100%\" height=\"auto\"/></p><p>NEW YORK, March 2 (Reuters) - U.S. stocks rallied on Thursday, as Treasury yields pulled back from earlier highs following comments from Atlanta Federal Reserve President Raphael Bostic about his favored path of interest rate hikes for the central bank.</p><p>Bostic said the central bank could be in a position to pause rate hikes sometime this summer.</p><p>In an argument for quarter-point hikes, Bostic said he favored "slow and steady" as the appropriate course of action for the Fed, as the impact of higher interest rates may only start to be felt in the spring.</p><p>The yield on 10-year Treasury notes had earlier touched a fresh four-month high of 4.091% after data showed the number of Americans filing new unemployment claims fell again last week, indicating continued strength in the labor market, while a separate report showed U.S. labor costs grew faster than initially thought in the fourth quarter. The 10-year yield was last up 6.7 basis points to 4.064%.</p><p>The two-year U.S. Treasury yield, which typically moves in step with interest rate expectations, was down 0.4 basis points at 4.885% after earlier touching a fresh 15-year high at 4.944%.</p><p>"Bostic has been a little bit more hawkish so the fact that he basically said 25 was comforting because he has been on the hawkish end of hawkish people," said Rhys Williams, chief strategist at Spouting Rock Asset Management in Bryn Mawr, Pennsylvania.</p><p>"The Fed is not crazy, they understand monetary policy works with a lag, so you are just starting to see now the impact of the first rate hikes, let alone the other 400 basis points they did."</p><p>The Dow Jones Industrial Average rose 341.73 points, or 1.05%, to 33,003.57, the S&P 500 gained 29.96 points, or 0.76%, to 3,981.35 and the Nasdaq Composite added 83.50 points, or 0.73%, to 11,462.98.</p><p>Fed funds futures tied to the Fed's policy rate see about an even chance that the rate will get to a range of 5.5%-5.75% by September, from the current range of 4.5%-4.75%.</p><p>At the closing bell, Fed Governor Christopher Waller said a string of "hot" data may force the U.S. central bank to raise rates higher than the 5.1%-5.4% range projected by the majority of Federal Reserve policymakers as recently as December.</p><p>Monthly payrolls and consumer prices data in the coming days will offer investors more clues on how aggressive the central bank may be heading into the Fed's March 21-22 meeting, where it is currently expected to raise rates by 25 basis points.</p><p>The S&P 500 was trading just above its 200-day moving average of about 3,940, seen as a key support level by traders, after briefly falling below it for the first time since Jan. 25 earlier in the session.</p><p>Salesforce Inc soared 11.50% to notch its biggest <a href=\"https://laohu8.com/S/AONE.U\">one</a>-day percentage gain since August 2020, after the cloud-based software firm forecast first-quarter revenue above analysts' estimates and doubled its share buyback to $20 billion.</p><p>Tesla Inc fell 5.85% after Chief Executive Elon Musk and team's four-hour presentation failed to impress investors with few details on its plan to unveil an affordable electric vehicle.</p><p>Macy's Inc jumped 11.11% after the department store operator forecast full-year profit above Wall Street estimates,</p><p><a href=\"https://laohu8.com/S/SI\">Silvergate Capital</a> plunged 57.72% after the crypto-focused lender delayed its annual report and said it was evaluating its ability to operate as a going concern.</p><p>Volume on U.S. exchanges was 11.15 billion shares, compared with the 11.46 billion average for the full session over the last 20 trading days.</p><p>Advancing issues outnumbered declining ones on the NYSE by a 1.19-to-1 ratio; on Nasdaq, a 1.10-to-1 ratio favored advancers.</p><p>The S&P 500 posted 10 new 52-week highs and 13 new lows; the Nasdaq Composite recorded 80 new highs and 153 new lows.</p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>U.S. Stocks Gain As Bostic Backs Quarter-Point Hike and Touts Summer Pause</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nU.S. Stocks Gain As Bostic Backs Quarter-Point Hike and Touts Summer Pause\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1036604489\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/443ce19704621c837795676028cec868);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Reuters </p>\n<p class=\"h-time\">2023-03-03 06:58</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><ul><li>10-yr Treasury yield holds above 4%</li><li>Salesforce poised for biggest daily pct gain since August 2020</li><li>Weekly jobless claims fall more than expected</li><li>Dow up 1.05%, S&P 500 up 0.76%, Nasdaq up 0.73%</li></ul><p><img src=\"https://static.tigerbbs.com/33967626775041ea9a89c9d69c051002\" tg-width=\"1080\" tg-height=\"1920\" width=\"100%\" height=\"auto\"/></p><p>NEW YORK, March 2 (Reuters) - U.S. stocks rallied on Thursday, as Treasury yields pulled back from earlier highs following comments from Atlanta Federal Reserve President Raphael Bostic about his favored path of interest rate hikes for the central bank.</p><p>Bostic said the central bank could be in a position to pause rate hikes sometime this summer.</p><p>In an argument for quarter-point hikes, Bostic said he favored "slow and steady" as the appropriate course of action for the Fed, as the impact of higher interest rates may only start to be felt in the spring.</p><p>The yield on 10-year Treasury notes had earlier touched a fresh four-month high of 4.091% after data showed the number of Americans filing new unemployment claims fell again last week, indicating continued strength in the labor market, while a separate report showed U.S. labor costs grew faster than initially thought in the fourth quarter. The 10-year yield was last up 6.7 basis points to 4.064%.</p><p>The two-year U.S. Treasury yield, which typically moves in step with interest rate expectations, was down 0.4 basis points at 4.885% after earlier touching a fresh 15-year high at 4.944%.</p><p>"Bostic has been a little bit more hawkish so the fact that he basically said 25 was comforting because he has been on the hawkish end of hawkish people," said Rhys Williams, chief strategist at Spouting Rock Asset Management in Bryn Mawr, Pennsylvania.</p><p>"The Fed is not crazy, they understand monetary policy works with a lag, so you are just starting to see now the impact of the first rate hikes, let alone the other 400 basis points they did."</p><p>The Dow Jones Industrial Average rose 341.73 points, or 1.05%, to 33,003.57, the S&P 500 gained 29.96 points, or 0.76%, to 3,981.35 and the Nasdaq Composite added 83.50 points, or 0.73%, to 11,462.98.</p><p>Fed funds futures tied to the Fed's policy rate see about an even chance that the rate will get to a range of 5.5%-5.75% by September, from the current range of 4.5%-4.75%.</p><p>At the closing bell, Fed Governor Christopher Waller said a string of "hot" data may force the U.S. central bank to raise rates higher than the 5.1%-5.4% range projected by the majority of Federal Reserve policymakers as recently as December.</p><p>Monthly payrolls and consumer prices data in the coming days will offer investors more clues on how aggressive the central bank may be heading into the Fed's March 21-22 meeting, where it is currently expected to raise rates by 25 basis points.</p><p>The S&P 500 was trading just above its 200-day moving average of about 3,940, seen as a key support level by traders, after briefly falling below it for the first time since Jan. 25 earlier in the session.</p><p>Salesforce Inc soared 11.50% to notch its biggest <a href=\"https://laohu8.com/S/AONE.U\">one</a>-day percentage gain since August 2020, after the cloud-based software firm forecast first-quarter revenue above analysts' estimates and doubled its share buyback to $20 billion.</p><p>Tesla Inc fell 5.85% after Chief Executive Elon Musk and team's four-hour presentation failed to impress investors with few details on its plan to unveil an affordable electric vehicle.</p><p>Macy's Inc jumped 11.11% after the department store operator forecast full-year profit above Wall Street estimates,</p><p><a href=\"https://laohu8.com/S/SI\">Silvergate Capital</a> plunged 57.72% after the crypto-focused lender delayed its annual report and said it was evaluating its ability to operate as a going concern.</p><p>Volume on U.S. exchanges was 11.15 billion shares, compared with the 11.46 billion average for the full session over the last 20 trading days.</p><p>Advancing issues outnumbered declining ones on the NYSE by a 1.19-to-1 ratio; on Nasdaq, a 1.10-to-1 ratio favored advancers.</p><p>The S&P 500 posted 10 new 52-week highs and 13 new lows; the Nasdaq Composite recorded 80 new highs and 153 new lows.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2316960400","content_text":"10-yr Treasury yield holds above 4%Salesforce poised for biggest daily pct gain since August 2020Weekly jobless claims fall more than expectedDow up 1.05%, S&P 500 up 0.76%, Nasdaq up 0.73%NEW YORK, March 2 (Reuters) - U.S. stocks rallied on Thursday, as Treasury yields pulled back from earlier highs following comments from Atlanta Federal Reserve President Raphael Bostic about his favored path of interest rate hikes for the central bank.Bostic said the central bank could be in a position to pause rate hikes sometime this summer.In an argument for quarter-point hikes, Bostic said he favored \"slow and steady\" as the appropriate course of action for the Fed, as the impact of higher interest rates may only start to be felt in the spring.The yield on 10-year Treasury notes had earlier touched a fresh four-month high of 4.091% after data showed the number of Americans filing new unemployment claims fell again last week, indicating continued strength in the labor market, while a separate report showed U.S. labor costs grew faster than initially thought in the fourth quarter. The 10-year yield was last up 6.7 basis points to 4.064%.The two-year U.S. Treasury yield, which typically moves in step with interest rate expectations, was down 0.4 basis points at 4.885% after earlier touching a fresh 15-year high at 4.944%.\"Bostic has been a little bit more hawkish so the fact that he basically said 25 was comforting because he has been on the hawkish end of hawkish people,\" said Rhys Williams, chief strategist at Spouting Rock Asset Management in Bryn Mawr, Pennsylvania.\"The Fed is not crazy, they understand monetary policy works with a lag, so you are just starting to see now the impact of the first rate hikes, let alone the other 400 basis points they did.\"The Dow Jones Industrial Average rose 341.73 points, or 1.05%, to 33,003.57, the S&P 500 gained 29.96 points, or 0.76%, to 3,981.35 and the Nasdaq Composite added 83.50 points, or 0.73%, to 11,462.98.Fed funds futures tied to the Fed's policy rate see about an even chance that the rate will get to a range of 5.5%-5.75% by September, from the current range of 4.5%-4.75%.At the closing bell, Fed Governor Christopher Waller said a string of \"hot\" data may force the U.S. central bank to raise rates higher than the 5.1%-5.4% range projected by the majority of Federal Reserve policymakers as recently as December.Monthly payrolls and consumer prices data in the coming days will offer investors more clues on how aggressive the central bank may be heading into the Fed's March 21-22 meeting, where it is currently expected to raise rates by 25 basis points.The S&P 500 was trading just above its 200-day moving average of about 3,940, seen as a key support level by traders, after briefly falling below it for the first time since Jan. 25 earlier in the session.Salesforce Inc soared 11.50% to notch its biggest one-day percentage gain since August 2020, after the cloud-based software firm forecast first-quarter revenue above analysts' estimates and doubled its share buyback to $20 billion.Tesla Inc fell 5.85% after Chief Executive Elon Musk and team's four-hour presentation failed to impress investors with few details on its plan to unveil an affordable electric vehicle.Macy's Inc jumped 11.11% after the department store operator forecast full-year profit above Wall Street estimates,Silvergate Capital plunged 57.72% after the crypto-focused lender delayed its annual report and said it was evaluating its ability to operate as a going concern.Volume on U.S. exchanges was 11.15 billion shares, compared with the 11.46 billion average for the full session over the last 20 trading days.Advancing issues outnumbered declining ones on the NYSE by a 1.19-to-1 ratio; on Nasdaq, a 1.10-to-1 ratio favored advancers.The S&P 500 posted 10 new 52-week highs and 13 new lows; the Nasdaq Composite recorded 80 new highs and 153 new lows.","news_type":1},"isVote":1,"tweetType":1,"viewCount":641,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9940869438,"gmtCreate":1677813954024,"gmtModify":1677813956621,"author":{"id":"3582105005059542","authorId":"3582105005059542","name":"LiuJune","avatar":"https://static.tigerbbs.com/ab4f9594fcfea5e1e95f78b67bea199a","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3582105005059542","authorIdStr":"3582105005059542"},"themes":[],"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":7,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9940869438","repostId":"2316969587","repostType":4,"repost":{"id":"2316969587","kind":"highlight","weMediaInfo":{"introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"media_name":"Dow Jones","id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"pubTimestamp":1677806965,"share":"https://ttm.financial/m/news/2316969587?lang=&edition=fundamental","pubTime":"2023-03-03 09:29","market":"us","language":"en","title":"The Secret to Stocks' Success so Far in 2023? An Unexpected $1 Trillion Liquidity Boost By Central Banks","url":"https://stock-news.laohu8.com/highlight/detail?id=2316969587","media":"Dow Jones","summary":"Gains for global equities have left many on Wall Street perplexed as stocks -- especially high-risk ","content":"<html><head></head><body><p>Gains for global equities have left many on Wall Street perplexed as stocks -- especially high-risk growth names with little or no profits -- have rebounded from last year's punishing selloff, resisting both the pull of more attractive bond yields, and the threat of higher interest rates.</p><p>But some Wall Street analysts say they've found an explanation that has little to do with inflation and the state of the global economy.</p><p>The upshot is this: The Federal Reserve, European Central Bank and Bank of England have advertised that they're trying to drain the ocean of banking-system liquidity, but on a global scale, liquidity has actually increased in recent months. That's due in part to factors that are outside the control of policy makers.</p><h2>A trillion-dollar boost to asset prices</h2><p>In a research note shared with clients last month, Matt King, a global markets strategist at Citigroup Inc., detailed how the world's largest central banks had recently injected $1 trillion into the global financial system.</p><p>The bulk of this increase, according to King's analysis, came from the People's Bank of China, which has bucked the trend of global monetary tightening and instead opted to directly inject liquidity into its banking system, accounting for most of the $1 trillion figure.</p><p>"Even as the central banks have told us they're going to be tightening, it turns out that on at a global level, they've just added $1 trillion worth of liquidity over the past three months," King said.</p><p>In his report, King said he was inspired to take a closer look at central-bank balance sheets after concluding that changes in the fundamentals -- meaning the outlook for the economic growth and inflation -- failed to explain moves across global markets, including a rebound in global equity prices.</p><p>When he finally mapped moves in global equities against the shifting tides of global central bank liquidity, he found that they were a near-perfect fit.</p><p>The chart below tracks the performance of the MSCI World Index against the ebbs and flows of banking-system liquidity. The index has risen 12% since the end of September, according to FactSet data. Around the same time, global central bank liquidity stopped ebbing, and started expanding once more.</p><h2>U.S. bank reserves flat-line</h2><p>But even the Federal Reserve has contributed to the liquidity deluge in a more passive way, according to King and another London-based strategist, Michael Howell, managing director of CrossBorder Capital, a macro advisory firm.</p><p>For more than a year now, the Federal Reserve has been trumpeting its plans to "tighten" liquidity in the U.S. financial system by raising interest rates and reducing its bond holdings by opting not to reinvest the proceeds from maturing bonds.</p><p>And while the size of the Fed's bond holdings has shrunk since last spring by about $500 billion, according to data from the St. Louis Fed, another important component of its balance sheet, U.S. banking system reserves, appears to have flat-lined.</p><p>According to the latest weekly update released by the Fed, reserve balances at Federal Reserve banks stood at $3.01 trillion as of Feb 22. That's a modest increase from $2.9 trillion at the end of September.</p><p>"The Fed is supposedly rolling off the balance sheet, but bank reserves are not falling," Howell said.</p><p>This could also be helping to buttress equity prices as the amount of money available for U.S. banks to push into the financial system has expanded, instead of contracting, he said.</p><h2>Stocks coming off the boil</h2><p>To be sure, U.S. stocks have come off the boil in recent weeks following a torrid rally that resulted in the Nasdaq Composite rising more than 10% in January for its best start to a year in two decades, according to FactSet data.</p><p>That stocks are no longer climbing could be a sign that the liquidity tide is ebbing once again. Whether it will once again come to the market's rescue remains to be seen.</p><p>But it's certainly possible that ultimately, equity valuations could suffer as a result. According to Howell and his team, it's possible the Fed may need to hike interest rates more aggressively to compensate for its unwillingness to further cull banking system reserves.</p><p>After resisting their pull for a few weeks, U.S. stocks appear to be feeling the effects of higher bond yields. The Nasdaq Composite, S&P 500 and Dow Jones Industrial Average all lost ground in February. They were putting in a mixed performance on Thursday as the yield on the 10-year Treasury note topped 4%. Bond yields move inversely to prices.</p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>The Secret to Stocks' Success so Far in 2023? An Unexpected $1 Trillion Liquidity Boost By Central Banks</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nThe Secret to Stocks' Success so Far in 2023? An Unexpected $1 Trillion Liquidity Boost By Central Banks\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Dow Jones </p>\n<p class=\"h-time\">2023-03-03 09:29</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>Gains for global equities have left many on Wall Street perplexed as stocks -- especially high-risk growth names with little or no profits -- have rebounded from last year's punishing selloff, resisting both the pull of more attractive bond yields, and the threat of higher interest rates.</p><p>But some Wall Street analysts say they've found an explanation that has little to do with inflation and the state of the global economy.</p><p>The upshot is this: The Federal Reserve, European Central Bank and Bank of England have advertised that they're trying to drain the ocean of banking-system liquidity, but on a global scale, liquidity has actually increased in recent months. That's due in part to factors that are outside the control of policy makers.</p><h2>A trillion-dollar boost to asset prices</h2><p>In a research note shared with clients last month, Matt King, a global markets strategist at Citigroup Inc., detailed how the world's largest central banks had recently injected $1 trillion into the global financial system.</p><p>The bulk of this increase, according to King's analysis, came from the People's Bank of China, which has bucked the trend of global monetary tightening and instead opted to directly inject liquidity into its banking system, accounting for most of the $1 trillion figure.</p><p>"Even as the central banks have told us they're going to be tightening, it turns out that on at a global level, they've just added $1 trillion worth of liquidity over the past three months," King said.</p><p>In his report, King said he was inspired to take a closer look at central-bank balance sheets after concluding that changes in the fundamentals -- meaning the outlook for the economic growth and inflation -- failed to explain moves across global markets, including a rebound in global equity prices.</p><p>When he finally mapped moves in global equities against the shifting tides of global central bank liquidity, he found that they were a near-perfect fit.</p><p>The chart below tracks the performance of the MSCI World Index against the ebbs and flows of banking-system liquidity. The index has risen 12% since the end of September, according to FactSet data. Around the same time, global central bank liquidity stopped ebbing, and started expanding once more.</p><h2>U.S. bank reserves flat-line</h2><p>But even the Federal Reserve has contributed to the liquidity deluge in a more passive way, according to King and another London-based strategist, Michael Howell, managing director of CrossBorder Capital, a macro advisory firm.</p><p>For more than a year now, the Federal Reserve has been trumpeting its plans to "tighten" liquidity in the U.S. financial system by raising interest rates and reducing its bond holdings by opting not to reinvest the proceeds from maturing bonds.</p><p>And while the size of the Fed's bond holdings has shrunk since last spring by about $500 billion, according to data from the St. Louis Fed, another important component of its balance sheet, U.S. banking system reserves, appears to have flat-lined.</p><p>According to the latest weekly update released by the Fed, reserve balances at Federal Reserve banks stood at $3.01 trillion as of Feb 22. That's a modest increase from $2.9 trillion at the end of September.</p><p>"The Fed is supposedly rolling off the balance sheet, but bank reserves are not falling," Howell said.</p><p>This could also be helping to buttress equity prices as the amount of money available for U.S. banks to push into the financial system has expanded, instead of contracting, he said.</p><h2>Stocks coming off the boil</h2><p>To be sure, U.S. stocks have come off the boil in recent weeks following a torrid rally that resulted in the Nasdaq Composite rising more than 10% in January for its best start to a year in two decades, according to FactSet data.</p><p>That stocks are no longer climbing could be a sign that the liquidity tide is ebbing once again. Whether it will once again come to the market's rescue remains to be seen.</p><p>But it's certainly possible that ultimately, equity valuations could suffer as a result. According to Howell and his team, it's possible the Fed may need to hike interest rates more aggressively to compensate for its unwillingness to further cull banking system reserves.</p><p>After resisting their pull for a few weeks, U.S. stocks appear to be feeling the effects of higher bond yields. The Nasdaq Composite, S&P 500 and Dow Jones Industrial Average all lost ground in February. They were putting in a mixed performance on Thursday as the yield on the 10-year Treasury note topped 4%. Bond yields move inversely to prices.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".DJI":"道琼斯",".SPX":"S&P 500 Index",".IXIC":"NASDAQ Composite"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2316969587","content_text":"Gains for global equities have left many on Wall Street perplexed as stocks -- especially high-risk growth names with little or no profits -- have rebounded from last year's punishing selloff, resisting both the pull of more attractive bond yields, and the threat of higher interest rates.But some Wall Street analysts say they've found an explanation that has little to do with inflation and the state of the global economy.The upshot is this: The Federal Reserve, European Central Bank and Bank of England have advertised that they're trying to drain the ocean of banking-system liquidity, but on a global scale, liquidity has actually increased in recent months. That's due in part to factors that are outside the control of policy makers.A trillion-dollar boost to asset pricesIn a research note shared with clients last month, Matt King, a global markets strategist at Citigroup Inc., detailed how the world's largest central banks had recently injected $1 trillion into the global financial system.The bulk of this increase, according to King's analysis, came from the People's Bank of China, which has bucked the trend of global monetary tightening and instead opted to directly inject liquidity into its banking system, accounting for most of the $1 trillion figure.\"Even as the central banks have told us they're going to be tightening, it turns out that on at a global level, they've just added $1 trillion worth of liquidity over the past three months,\" King said.In his report, King said he was inspired to take a closer look at central-bank balance sheets after concluding that changes in the fundamentals -- meaning the outlook for the economic growth and inflation -- failed to explain moves across global markets, including a rebound in global equity prices.When he finally mapped moves in global equities against the shifting tides of global central bank liquidity, he found that they were a near-perfect fit.The chart below tracks the performance of the MSCI World Index against the ebbs and flows of banking-system liquidity. The index has risen 12% since the end of September, according to FactSet data. Around the same time, global central bank liquidity stopped ebbing, and started expanding once more.U.S. bank reserves flat-lineBut even the Federal Reserve has contributed to the liquidity deluge in a more passive way, according to King and another London-based strategist, Michael Howell, managing director of CrossBorder Capital, a macro advisory firm.For more than a year now, the Federal Reserve has been trumpeting its plans to \"tighten\" liquidity in the U.S. financial system by raising interest rates and reducing its bond holdings by opting not to reinvest the proceeds from maturing bonds.And while the size of the Fed's bond holdings has shrunk since last spring by about $500 billion, according to data from the St. Louis Fed, another important component of its balance sheet, U.S. banking system reserves, appears to have flat-lined.According to the latest weekly update released by the Fed, reserve balances at Federal Reserve banks stood at $3.01 trillion as of Feb 22. That's a modest increase from $2.9 trillion at the end of September.\"The Fed is supposedly rolling off the balance sheet, but bank reserves are not falling,\" Howell said.This could also be helping to buttress equity prices as the amount of money available for U.S. banks to push into the financial system has expanded, instead of contracting, he said.Stocks coming off the boilTo be sure, U.S. stocks have come off the boil in recent weeks following a torrid rally that resulted in the Nasdaq Composite rising more than 10% in January for its best start to a year in two decades, according to FactSet data.That stocks are no longer climbing could be a sign that the liquidity tide is ebbing once again. Whether it will once again come to the market's rescue remains to be seen.But it's certainly possible that ultimately, equity valuations could suffer as a result. According to Howell and his team, it's possible the Fed may need to hike interest rates more aggressively to compensate for its unwillingness to further cull banking system reserves.After resisting their pull for a few weeks, U.S. stocks appear to be feeling the effects of higher bond yields. The Nasdaq Composite, S&P 500 and Dow Jones Industrial Average all lost ground in February. They were putting in a mixed performance on Thursday as the yield on the 10-year Treasury note topped 4%. Bond yields move inversely to prices.","news_type":1},"isVote":1,"tweetType":1,"viewCount":313,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9950463316,"gmtCreate":1672810150435,"gmtModify":1676538740967,"author":{"id":"3582105005059542","authorId":"3582105005059542","name":"LiuJune","avatar":"https://static.tigerbbs.com/ab4f9594fcfea5e1e95f78b67bea199a","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3582105005059542","authorIdStr":"3582105005059542"},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/01772\">$GANFENGLITHIUM(01772)$ </a>so bad","listText":"<a href=\"https://ttm.financial/S/01772\">$GANFENGLITHIUM(01772)$ </a>so bad","text":"$GANFENGLITHIUM(01772)$ so 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