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785bfcf1
785bfcf1
·
2021-09-23
$Ford(F)$
reset position ?
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785bfcf1
785bfcf1
·
2021-09-22
$Marin(MRIN)$
7
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785bfcf1
785bfcf1
·
2021-09-22
$NIO Inc.(NIO)$
its time to enter
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785bfcf1
785bfcf1
·
2021-09-22
$Marin(MRIN)$
tought will be dropped once market open later, let's see. If not then I'll book the ticket too.
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785bfcf1
785bfcf1
·
2021-09-22
Up up up
Sorry, this post has been deleted
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785bfcf1
785bfcf1
·
2021-09-21
$Farmmi, Inc.(FAMI)$
amazing, downtrend, low price but high volume.
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785bfcf1
785bfcf1
·
2021-09-19
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Ford wakes up badly burnt from its India dream
NEW DELHI, Sept 17 (Reuters) - When Ford Motor Co built its first factory in India in the mid-1990s,
Ford wakes up badly burnt from its India dream
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785bfcf1
785bfcf1
·
2021-09-16
$Camber Energy(CEI)$
left pocket to right pocket... Just watching the show.
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785bfcf1
785bfcf1
·
2021-09-15
Hmmm
Wall Street Expects the S&P 500 to Fall. Even the Optimists Aren't Very Upbeat.
The stock market hasn’t had a formal correction all year and many strategists are now calling for on
Wall Street Expects the S&P 500 to Fall. Even the Optimists Aren't Very Upbeat.
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785bfcf1
785bfcf1
·
2021-09-14
Hmmmm
Sorry, this post has been deleted
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Rising disposable income would help foreign carmakers to a market share of as much as 10%, forecasters said.</p>\n<p>It never happened.</p>\n<p>Last week, Ford took a $2 billion hit to stop making cars in India, following compatriots General Motors Co and Harley-Davidson Inc in closing factories in the country.</p>\n<p>Among foreigners that remain, Japan's Nissan Motor Co Ltd and even Germany's <a href=\"https://laohu8.com/S/VLKAF\">Volkswagen AG</a> - the world's biggest automaker by sales - each hold less than 1% of a car market once forecast to be the third-largest by 2020, after China and the United States, with annual sales of 5 million.</p>\n<p>Instead, sales have stagnated at about 3 million cars. The growth rate has slowed to 3.6% in the last decade versus 12% a decade earlier.</p>\n<p>Ford's retreat marks the end of an Indian dream for U.S. carmakers. It also follows its exit from Brazil announced in January reflecting an industry pivot from emerging markets to what is now widely seen as make-or-break investment in electric vehicles.</p>\n<p>Analysts and executives said foreigners badly misjudged India's potential and underestimated the complexities of operating in a vast country that rewards domestic procurement.</p>\n<p>Many failed to adapt to a preference for small, cheap, fuel-efficient cars that could bump over uneven roads without needing expensive repairs. In India, 95% of cars are priced below $20,000.</p>\n<p>Lower tax on small cars also made it harder for makers of larger cars for Western markets to compete with small-car specialists such as Japan's Suzuki Motor Corp - controlling shareholder of <a href=\"https://laohu8.com/S/MRZUY\">Maruti Suzuki India Ltd</a> , India's biggest carmaker by sales.</p>\n<p>Of foreign carmakers that invested alone in India over the past 25 years, analysts said only South Korea's Hyundai Motor Co</p>\n<p>stands out as a success, mainly due to its wide portfolio of small cars and a grasp of what Indian buyers want.</p>\n<p>\"Companies invested on the fallacy that India would have great potential and the purchasing power of buyers would go up, but the government failed to create that kind of environment and infrastructure,\" said Ravi Bhatia, president for India at JATO Dynamics, a provider of market data for the auto industry.</p>\n<p><b>EARLY MISSTEP</b></p>\n<p>Some of Ford's missteps can be traced to when it drove into India in the mid-1990s alongside Hyundai. Whereas Hyundai entered with the small, affordable \"Santro\", Ford offered the \"Escort\" saloon, first launched in Europe in the 1960s.</p>\n<p>The Escort's price shocked Indians used to Maruti Suzuki's more affordable prices, said former Ford India executive Vinay Piparsania.</p>\n<p>Ford's narrow product range also made it hard to capitalise on the appeal won by its best-selling EcoSport and Endeavour sport utility vehicles (SUVs), said analyst Ammar Master at LMC.</p>\n<p>The carmaker said it had considered bringing more models to India but determined it could not do so profitably.</p>\n<p>\"The struggle for many global brands has always been meeting India's price point because they brought global products that were developed for mature markets at a high-cost structure,\" said Master.</p>\n<p>A peculiarity of the Indian market came in mid-2000 with a lower tax rate for cars measuring less than 4 metres (13.12 ft) in length. That left Ford and rivals building India-specific sub-4 metre saloons for which sales ultimately disappointed.</p>\n<p>\"U.S. manufacturers with large truck DNAs struggled to create a good and profitable small vehicle. Nobody got the product quite right and losses piled up,\" said JATO's Bhatia.</p>\n<p><b>RISE AND FALL</b></p>\n<p>Ford had excess capacity at its first India plant when it invested $1 billion on a second in 2015. It had planned to make India an export base and raise its share of a market projected to hit 7 million cars a year by 2020 and 9 million by 2025.</p>\n<p>But the sales never followed and overall market growth stalled. Ford now utilises only about 20% of its combined annual capacity of 440,000 cars.</p>\n<p>To use its excess capacity, Ford planned to build compact cars in India for emerging markets but shelved plans</p>\n<p>in 2016 amid a global consumer preference shift to SUVs.</p>\n<p>It changed its cost structure in 2018 and the following year started work on a joint venture with local peer Mahindra & Mahindra Ltd</p>\n<p>designed to reduce costs. Three years later, in December, the partners abandoned the idea</p>\n<p>After sinking $2.5 billion in India since entry and burning another $2 billion over the past decade alone, Ford decided not to invest more.</p>\n<p>\"To continue investing ... we needed to show a path for a reasonable return on investment,\" Ford India head Anurag Mehrotra told reporters last week.</p>\n<p>\"Unfortunately, we are not able to do that.\"</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>Ford wakes up badly burnt from its India dream</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\">\nFord wakes up badly burnt from its India dream\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\">2021-09-17 15:56</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>NEW DELHI, Sept 17 (Reuters) - When Ford Motor Co built its first factory in India in the mid-1990s, U.S. carmakers believed they were buying into a boom - the next China.</p>\n<p>The economy had been liberalised in 1991, the government was welcoming investors, and the middle class was expected to fuel a consumption frenzy. Rising disposable income would help foreign carmakers to a market share of as much as 10%, forecasters said.</p>\n<p>It never happened.</p>\n<p>Last week, Ford took a $2 billion hit to stop making cars in India, following compatriots General Motors Co and Harley-Davidson Inc in closing factories in the country.</p>\n<p>Among foreigners that remain, Japan's Nissan Motor Co Ltd and even Germany's <a href=\"https://laohu8.com/S/VLKAF\">Volkswagen AG</a> - the world's biggest automaker by sales - each hold less than 1% of a car market once forecast to be the third-largest by 2020, after China and the United States, with annual sales of 5 million.</p>\n<p>Instead, sales have stagnated at about 3 million cars. The growth rate has slowed to 3.6% in the last decade versus 12% a decade earlier.</p>\n<p>Ford's retreat marks the end of an Indian dream for U.S. carmakers. It also follows its exit from Brazil announced in January reflecting an industry pivot from emerging markets to what is now widely seen as make-or-break investment in electric vehicles.</p>\n<p>Analysts and executives said foreigners badly misjudged India's potential and underestimated the complexities of operating in a vast country that rewards domestic procurement.</p>\n<p>Many failed to adapt to a preference for small, cheap, fuel-efficient cars that could bump over uneven roads without needing expensive repairs. In India, 95% of cars are priced below $20,000.</p>\n<p>Lower tax on small cars also made it harder for makers of larger cars for Western markets to compete with small-car specialists such as Japan's Suzuki Motor Corp - controlling shareholder of <a href=\"https://laohu8.com/S/MRZUY\">Maruti Suzuki India Ltd</a> , India's biggest carmaker by sales.</p>\n<p>Of foreign carmakers that invested alone in India over the past 25 years, analysts said only South Korea's Hyundai Motor Co</p>\n<p>stands out as a success, mainly due to its wide portfolio of small cars and a grasp of what Indian buyers want.</p>\n<p>\"Companies invested on the fallacy that India would have great potential and the purchasing power of buyers would go up, but the government failed to create that kind of environment and infrastructure,\" said Ravi Bhatia, president for India at JATO Dynamics, a provider of market data for the auto industry.</p>\n<p><b>EARLY MISSTEP</b></p>\n<p>Some of Ford's missteps can be traced to when it drove into India in the mid-1990s alongside Hyundai. Whereas Hyundai entered with the small, affordable \"Santro\", Ford offered the \"Escort\" saloon, first launched in Europe in the 1960s.</p>\n<p>The Escort's price shocked Indians used to Maruti Suzuki's more affordable prices, said former Ford India executive Vinay Piparsania.</p>\n<p>Ford's narrow product range also made it hard to capitalise on the appeal won by its best-selling EcoSport and Endeavour sport utility vehicles (SUVs), said analyst Ammar Master at LMC.</p>\n<p>The carmaker said it had considered bringing more models to India but determined it could not do so profitably.</p>\n<p>\"The struggle for many global brands has always been meeting India's price point because they brought global products that were developed for mature markets at a high-cost structure,\" said Master.</p>\n<p>A peculiarity of the Indian market came in mid-2000 with a lower tax rate for cars measuring less than 4 metres (13.12 ft) in length. That left Ford and rivals building India-specific sub-4 metre saloons for which sales ultimately disappointed.</p>\n<p>\"U.S. manufacturers with large truck DNAs struggled to create a good and profitable small vehicle. Nobody got the product quite right and losses piled up,\" said JATO's Bhatia.</p>\n<p><b>RISE AND FALL</b></p>\n<p>Ford had excess capacity at its first India plant when it invested $1 billion on a second in 2015. It had planned to make India an export base and raise its share of a market projected to hit 7 million cars a year by 2020 and 9 million by 2025.</p>\n<p>But the sales never followed and overall market growth stalled. Ford now utilises only about 20% of its combined annual capacity of 440,000 cars.</p>\n<p>To use its excess capacity, Ford planned to build compact cars in India for emerging markets but shelved plans</p>\n<p>in 2016 amid a global consumer preference shift to SUVs.</p>\n<p>It changed its cost structure in 2018 and the following year started work on a joint venture with local peer Mahindra & Mahindra Ltd</p>\n<p>designed to reduce costs. Three years later, in December, the partners abandoned the idea</p>\n<p>After sinking $2.5 billion in India since entry and burning another $2 billion over the past decade alone, Ford decided not to invest more.</p>\n<p>\"To continue investing ... we needed to show a path for a reasonable return on investment,\" Ford India head Anurag Mehrotra told reporters last week.</p>\n<p>\"Unfortunately, we are not able to do that.\"</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"F":"福特汽车"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2168264185","content_text":"NEW DELHI, Sept 17 (Reuters) - When Ford Motor Co built its first factory in India in the mid-1990s, U.S. carmakers believed they were buying into a boom - the next China.\nThe economy had been liberalised in 1991, the government was welcoming investors, and the middle class was expected to fuel a consumption frenzy. Rising disposable income would help foreign carmakers to a market share of as much as 10%, forecasters said.\nIt never happened.\nLast week, Ford took a $2 billion hit to stop making cars in India, following compatriots General Motors Co and Harley-Davidson Inc in closing factories in the country.\nAmong foreigners that remain, Japan's Nissan Motor Co Ltd and even Germany's Volkswagen AG - the world's biggest automaker by sales - each hold less than 1% of a car market once forecast to be the third-largest by 2020, after China and the United States, with annual sales of 5 million.\nInstead, sales have stagnated at about 3 million cars. The growth rate has slowed to 3.6% in the last decade versus 12% a decade earlier.\nFord's retreat marks the end of an Indian dream for U.S. carmakers. It also follows its exit from Brazil announced in January reflecting an industry pivot from emerging markets to what is now widely seen as make-or-break investment in electric vehicles.\nAnalysts and executives said foreigners badly misjudged India's potential and underestimated the complexities of operating in a vast country that rewards domestic procurement.\nMany failed to adapt to a preference for small, cheap, fuel-efficient cars that could bump over uneven roads without needing expensive repairs. In India, 95% of cars are priced below $20,000.\nLower tax on small cars also made it harder for makers of larger cars for Western markets to compete with small-car specialists such as Japan's Suzuki Motor Corp - controlling shareholder of Maruti Suzuki India Ltd , India's biggest carmaker by sales.\nOf foreign carmakers that invested alone in India over the past 25 years, analysts said only South Korea's Hyundai Motor Co\nstands out as a success, mainly due to its wide portfolio of small cars and a grasp of what Indian buyers want.\n\"Companies invested on the fallacy that India would have great potential and the purchasing power of buyers would go up, but the government failed to create that kind of environment and infrastructure,\" said Ravi Bhatia, president for India at JATO Dynamics, a provider of market data for the auto industry.\nEARLY MISSTEP\nSome of Ford's missteps can be traced to when it drove into India in the mid-1990s alongside Hyundai. Whereas Hyundai entered with the small, affordable \"Santro\", Ford offered the \"Escort\" saloon, first launched in Europe in the 1960s.\nThe Escort's price shocked Indians used to Maruti Suzuki's more affordable prices, said former Ford India executive Vinay Piparsania.\nFord's narrow product range also made it hard to capitalise on the appeal won by its best-selling EcoSport and Endeavour sport utility vehicles (SUVs), said analyst Ammar Master at LMC.\nThe carmaker said it had considered bringing more models to India but determined it could not do so profitably.\n\"The struggle for many global brands has always been meeting India's price point because they brought global products that were developed for mature markets at a high-cost structure,\" said Master.\nA peculiarity of the Indian market came in mid-2000 with a lower tax rate for cars measuring less than 4 metres (13.12 ft) in length. That left Ford and rivals building India-specific sub-4 metre saloons for which sales ultimately disappointed.\n\"U.S. manufacturers with large truck DNAs struggled to create a good and profitable small vehicle. Nobody got the product quite right and losses piled up,\" said JATO's Bhatia.\nRISE AND FALL\nFord had excess capacity at its first India plant when it invested $1 billion on a second in 2015. It had planned to make India an export base and raise its share of a market projected to hit 7 million cars a year by 2020 and 9 million by 2025.\nBut the sales never followed and overall market growth stalled. Ford now utilises only about 20% of its combined annual capacity of 440,000 cars.\nTo use its excess capacity, Ford planned to build compact cars in India for emerging markets but shelved plans\nin 2016 amid a global consumer preference shift to SUVs.\nIt changed its cost structure in 2018 and the following year started work on a joint venture with local peer Mahindra & Mahindra Ltd\ndesigned to reduce costs. Three years later, in December, the partners abandoned the idea\nAfter sinking $2.5 billion in India since entry and burning another $2 billion over the past decade alone, Ford decided not to invest more.\n\"To continue investing ... we needed to show a path for a reasonable return on investment,\" Ford India head Anurag Mehrotra told reporters last week.\n\"Unfortunately, we are not able to do that.\"","news_type":1,"symbols_score_info":{"F":0.9}},"isVote":1,"tweetType":1,"viewCount":2132,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":885587411,"gmtCreate":1631803637033,"gmtModify":1676530640895,"author":{"id":"3586474323146945","authorId":"3586474323146945","name":"785bfcf1","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3586474323146945","idStr":"3586474323146945"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/CEI\">$Camber Energy(CEI)$</a>left pocket to right pocket... Just watching the show.","listText":"<a href=\"https://laohu8.com/S/CEI\">$Camber Energy(CEI)$</a>left pocket to right pocket... Just watching the show.","text":"$Camber Energy(CEI)$left pocket to right pocket... Just watching the show.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/885587411","isVote":1,"tweetType":1,"viewCount":2269,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":882591370,"gmtCreate":1631703883590,"gmtModify":1676530613091,"author":{"id":"3586474323146945","authorId":"3586474323146945","name":"785bfcf1","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3586474323146945","idStr":"3586474323146945"},"themes":[],"htmlText":"Hmmm","listText":"Hmmm","text":"Hmmm","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/882591370","repostId":"1133293397","repostType":4,"repost":{"id":"1133293397","kind":"news","pubTimestamp":1631691783,"share":"https://ttm.financial/m/news/1133293397?lang=&edition=fundamental","pubTime":"2021-09-15 15:43","market":"us","language":"en","title":"Wall Street Expects the S&P 500 to Fall. Even the Optimists Aren't Very Upbeat.","url":"https://stock-news.laohu8.com/highlight/detail?id=1133293397","media":"Barrons","summary":"The stock market hasn’t had a formal correction all year and many strategists are now calling for on","content":"<p>The stock market hasn’t had a formal correction all year and many strategists are now calling for one. One bank still sees gains ahead because companies’ earnings are too good to ignore, but the rally it has penciled in would be far from spectacular.</p>\n<p>Several strategists are now looking for a negative return on the S&P 500 by the end of the year. Some are calling for a correction, defined as a drawdown of at least 10%. The largest decline in the market benchmark so far this year was just 5%.</p>\n<p>Several factors, including valuations, could trigger the drop. The average stock on the S&P 500 currently trades at just under 21 times the earnings per share expected for the next 12 months. That is more than 35% higher than the long-term average.</p>\n<p>Falling bond yields, which make future profits worth more in current terms, have lifted valuations. But with the yield on 10-year Treasury debt currently at 1.31%— well below long-term inflation expectations of above 2%, a rare occurrence in the bond market—the decline could easily be over.Morgan Stanley‘s chief U.S. equity strategist, Mike Wilson, sees the 10-year yield hitting 1.8% by year-end, and the S&P 500’s earnings multiple falling to 19 times.</p>\n<p>Even assuming corporate earnings are unaffected, this would mean severe downside for stocks. Wilson’s call on the level of the S&P 500 relative to the aggregate per-share earnings of the companies included would bring the index down 9%.</p>\n<p>Stifel’s head of institutional equity strategy, Barry Bannister, said in a recent research note that lower earnings multiples resulting from higher bond yields could mean the S&P 500 could fall 10% to 15%.</p>\n<p>Profits are another potential trouble spot, not least because of supply-chain issues. Already, several companies have lowered their forecasts for sales and earnings for the current quarter because problems getting parts are lowering their customers’—and their own—production. Analysts and management teams expect strong demand to lift profits when the supply problems ease and inventory levels climb again, but it isn’t clear when that might happen, or how bad the shortages of parts and finished goods could become.</p>\n<p>“This [supply constraints] will be a more substantial risk to the rally we’ll need to watch for,” wrote Tom Essaye, founder of Sevens Report Research. Prolonged trouble could mean unexpectedly severe damage to profits.</p>\n<p>Higher corporate taxes would also bring earnings down, but stock prices don’t seem to be reflecting that risk.Goldman Sachs strategists said earlier this year that S&P 500 EPS could fall 5% if the corporate tax rate rises to 25% from 21% — and House Democrats proposed an increase to 26.5% on Monday.</p>\n<p>Still, RBC strategists raised their S&P 500 price target to 4,500 on Monday. They now see S&P 500 earnings per share for 2022 coming in at $222, only slightly above the consensus call of $218 among analysts. While RBC acknowledges the average multiple may fall to just above 20 times, its call implies a gain of just 0.7% relative to Monday’s closing level.</p>\n<p>Even the more bullish observers aren’t forecasting anything exciting for stocks.</p>","source":"lsy1601382232898","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>Wall Street Expects the S&P 500 to Fall. Even the Optimists Aren't Very Upbeat.</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\">\nWall Street Expects the S&P 500 to Fall. Even the Optimists Aren't Very Upbeat.\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-09-15 15:43 GMT+8 <a href=https://www.barrons.com/articles/s-p-500-correction-outlook-strategists-51631632149?mod=hp_LATEST><strong>Barrons</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>The stock market hasn’t had a formal correction all year and many strategists are now calling for one. One bank still sees gains ahead because companies’ earnings are too good to ignore, but the rally...</p>\n\n<a href=\"https://www.barrons.com/articles/s-p-500-correction-outlook-strategists-51631632149?mod=hp_LATEST\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".SPX":"S&P 500 Index",".IXIC":"NASDAQ Composite",".DJI":"道琼斯"},"source_url":"https://www.barrons.com/articles/s-p-500-correction-outlook-strategists-51631632149?mod=hp_LATEST","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1133293397","content_text":"The stock market hasn’t had a formal correction all year and many strategists are now calling for one. One bank still sees gains ahead because companies’ earnings are too good to ignore, but the rally it has penciled in would be far from spectacular.\nSeveral strategists are now looking for a negative return on the S&P 500 by the end of the year. Some are calling for a correction, defined as a drawdown of at least 10%. The largest decline in the market benchmark so far this year was just 5%.\nSeveral factors, including valuations, could trigger the drop. The average stock on the S&P 500 currently trades at just under 21 times the earnings per share expected for the next 12 months. That is more than 35% higher than the long-term average.\nFalling bond yields, which make future profits worth more in current terms, have lifted valuations. But with the yield on 10-year Treasury debt currently at 1.31%— well below long-term inflation expectations of above 2%, a rare occurrence in the bond market—the decline could easily be over.Morgan Stanley‘s chief U.S. equity strategist, Mike Wilson, sees the 10-year yield hitting 1.8% by year-end, and the S&P 500’s earnings multiple falling to 19 times.\nEven assuming corporate earnings are unaffected, this would mean severe downside for stocks. Wilson’s call on the level of the S&P 500 relative to the aggregate per-share earnings of the companies included would bring the index down 9%.\nStifel’s head of institutional equity strategy, Barry Bannister, said in a recent research note that lower earnings multiples resulting from higher bond yields could mean the S&P 500 could fall 10% to 15%.\nProfits are another potential trouble spot, not least because of supply-chain issues. Already, several companies have lowered their forecasts for sales and earnings for the current quarter because problems getting parts are lowering their customers’—and their own—production. Analysts and management teams expect strong demand to lift profits when the supply problems ease and inventory levels climb again, but it isn’t clear when that might happen, or how bad the shortages of parts and finished goods could become.\n“This [supply constraints] will be a more substantial risk to the rally we’ll need to watch for,” wrote Tom Essaye, founder of Sevens Report Research. Prolonged trouble could mean unexpectedly severe damage to profits.\nHigher corporate taxes would also bring earnings down, but stock prices don’t seem to be reflecting that risk.Goldman Sachs strategists said earlier this year that S&P 500 EPS could fall 5% if the corporate tax rate rises to 25% from 21% — and House Democrats proposed an increase to 26.5% on Monday.\nStill, RBC strategists raised their S&P 500 price target to 4,500 on Monday. They now see S&P 500 earnings per share for 2022 coming in at $222, only slightly above the consensus call of $218 among analysts. While RBC acknowledges the average multiple may fall to just above 20 times, its call implies a gain of just 0.7% relative to Monday’s closing level.\nEven the more bullish observers aren’t forecasting anything exciting for stocks.","news_type":1,"symbols_score_info":{".DJI":0.9,".IXIC":0.9,".SPX":0.9}},"isVote":1,"tweetType":1,"viewCount":2019,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":886588272,"gmtCreate":1631605657996,"gmtModify":1676530587936,"author":{"id":"3586474323146945","authorId":"3586474323146945","name":"785bfcf1","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3586474323146945","idStr":"3586474323146945"},"themes":[],"htmlText":"Hmmmm","listText":"Hmmmm","text":"Hmmmm","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/886588272","repostId":"2167044533","repostType":2,"isVote":1,"tweetType":1,"viewCount":2406,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"defaultTab":"posts","isTTM":true}