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Sulochana
2023-05-06
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Apple Hands Warren Buffett's Berkshire Hathaway a $214 Million Payout Ahead of Shareholder Weekend
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2023-03-30
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your opinion about this news…","listText":"Share your opinion about this news…","text":"Share your opinion about this news…","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9947572376","repostId":"2333271179","repostType":2,"repost":{"id":"2333271179","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":1683343538,"share":"https://ttm.financial/m/news/2333271179?lang=en_US&edition=fundamental","pubTime":"2023-05-06 11:25","market":"us","language":"en","title":"Apple Hands Warren Buffett's Berkshire Hathaway a $214 Million Payout Ahead of Shareholder Weekend","url":"https://stock-news.laohu8.com/highlight/detail?id=2333271179","media":"Dow Jones","summary":"Apple hands Warren Buffett's Berkshire Hathaway a $214 million payout ahead of shareholder weekend.B","content":"<html><head></head><body><ul><li><p><a href=\"https://laohu8.com/S/AAPL\">Apple</a> hands Warren Buffett's Berkshire Hathaway a $214 million payout ahead of shareholder weekend.</p></li><li><p>But what will Buffett say about banks this weekend?</p></li></ul><p>Warren Buffett could be the recipient of a few extra high-fives walking into the Berkshire Hathaway annual general shareholder meeting this weekend, thanks to the conglomerate's No. 1 holding, Apple Inc.</p><p>The tech giant <a href=\"https://laohu8.com/S/AAPL\">$(AAPL)$</a> late Thursday reported forecast-beating second-quarter revenue and earnings, thanks to a rebound in iPhone sales. Even better for Berkshire Hathaway (BRKA)(BRKB), which first bought Apple in 2016, was news Apple was lifting its dividend by 4%.</p><p>Berkshire is its second-largest institutional holder, with 895,136 shares, according to FactSet. Apple upped its quarterly dividend by 24 cents, putting roughly $214.83 million in the pockets of Berkshire Hathaway. The tech company also said it was boosting its buyback program by $90 billion.</p><p>In his annual letter to shareholders in late February, the 92-year old Buffett said one big lesson investors needed to remember was that "weeds wither away in significance as the flowers bloom. Over time, it takes just a few winners to work wonders."</p><p>He said Apple buybacks at the end of last year had increased the company's ownership. "The math isn't complicated: When the share count goes down, your interest in our many businesses goes up," Buffett wrote. "Every small bit helps if repurchases are made at value-accretive prices."</p><p>Set to walk away even richer from that latest dividend payout is the $8 trillion investment adviser Vanguard Group. Apple's biggest shareholder according to FactSet, holds 1.2 million shares, which means a $291.6 million payout.</p><p>Buffett admitted to selling a bit of Apple once from a tax standpoint, but called that "a dumb sale," in an interview with CNBC last month, as he explained a key reason for holding the stock. "If you're an Apple user and somebody offers you $10,000 but the only proviso is that they'll take away your iPhone and you'll never be able to buy another, you're not gonna take it," he said</p><p>"And I don't know whether when I look at my iPhone, I don't know whether it's some little guy inside that's doing anything. I don't know the technical aspects at all. But I know that at the Nebraska Furniture Mart, if we don't have the Apple product, people leave the store and go someplace else," he added.</p><p>The iPhone maker comprises roughly 39% of Berkshire's portfolio, according to its latest 13-F filing.</p><p>Shares of Apple were up 4.69% on Friday, and are up 33.59% so far this year amid a general rebound for tech shares from last year's beatdown. Berkshire's a shares have gained more than 4% so far this year.</p><p></p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/fabec8f268770a7a52b8348a39f4db14\" tg-width=\"855\" tg-height=\"625\"/></p><p>Berkshire's second-biggest position is Bank of America <a href=\"https://laohu8.com/S/BAC\">$(BAC)$</a>, which has tumbled 16% in 2023, amid the persistent banking crisis that has re-emerged to hit regional lenders hard this week.</p><p>Investors and shareholders in Omaha, Neb. this weekend, where Berkshire will also release its latest results, will likely be looking out for what one of the world's most closely watched investors has to say about the latest ripples. While Berkshire has scaled bank holdings of big lenders in recent years, the conglomerate was still holding a few.</p><p>As troubles for the sector appeared to calm for a time when he spoke to CNBC in early April, Buffett did come across as wary. "We're not through with bank failures," he said.</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>Apple Hands Warren Buffett's Berkshire Hathaway a $214 Million Payout Ahead of Shareholder Weekend</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\">\nApple Hands Warren Buffett's Berkshire Hathaway a $214 Million Payout Ahead of Shareholder Weekend\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\">2023-05-06 11:25</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><ul><li><p><a href=\"https://laohu8.com/S/AAPL\">Apple</a> hands Warren Buffett's Berkshire Hathaway a $214 million payout ahead of shareholder weekend.</p></li><li><p>But what will Buffett say about banks this weekend?</p></li></ul><p>Warren Buffett could be the recipient of a few extra high-fives walking into the Berkshire Hathaway annual general shareholder meeting this weekend, thanks to the conglomerate's No. 1 holding, Apple Inc.</p><p>The tech giant <a href=\"https://laohu8.com/S/AAPL\">$(AAPL)$</a> late Thursday reported forecast-beating second-quarter revenue and earnings, thanks to a rebound in iPhone sales. Even better for Berkshire Hathaway (BRKA)(BRKB), which first bought Apple in 2016, was news Apple was lifting its dividend by 4%.</p><p>Berkshire is its second-largest institutional holder, with 895,136 shares, according to FactSet. Apple upped its quarterly dividend by 24 cents, putting roughly $214.83 million in the pockets of Berkshire Hathaway. The tech company also said it was boosting its buyback program by $90 billion.</p><p>In his annual letter to shareholders in late February, the 92-year old Buffett said one big lesson investors needed to remember was that "weeds wither away in significance as the flowers bloom. Over time, it takes just a few winners to work wonders."</p><p>He said Apple buybacks at the end of last year had increased the company's ownership. "The math isn't complicated: When the share count goes down, your interest in our many businesses goes up," Buffett wrote. "Every small bit helps if repurchases are made at value-accretive prices."</p><p>Set to walk away even richer from that latest dividend payout is the $8 trillion investment adviser Vanguard Group. Apple's biggest shareholder according to FactSet, holds 1.2 million shares, which means a $291.6 million payout.</p><p>Buffett admitted to selling a bit of Apple once from a tax standpoint, but called that "a dumb sale," in an interview with CNBC last month, as he explained a key reason for holding the stock. "If you're an Apple user and somebody offers you $10,000 but the only proviso is that they'll take away your iPhone and you'll never be able to buy another, you're not gonna take it," he said</p><p>"And I don't know whether when I look at my iPhone, I don't know whether it's some little guy inside that's doing anything. I don't know the technical aspects at all. But I know that at the Nebraska Furniture Mart, if we don't have the Apple product, people leave the store and go someplace else," he added.</p><p>The iPhone maker comprises roughly 39% of Berkshire's portfolio, according to its latest 13-F filing.</p><p>Shares of Apple were up 4.69% on Friday, and are up 33.59% so far this year amid a general rebound for tech shares from last year's beatdown. Berkshire's a shares have gained more than 4% so far this year.</p><p></p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/fabec8f268770a7a52b8348a39f4db14\" tg-width=\"855\" tg-height=\"625\"/></p><p>Berkshire's second-biggest position is Bank of America <a href=\"https://laohu8.com/S/BAC\">$(BAC)$</a>, which has tumbled 16% in 2023, amid the persistent banking crisis that has re-emerged to hit regional lenders hard this week.</p><p>Investors and shareholders in Omaha, Neb. this weekend, where Berkshire will also release its latest results, will likely be looking out for what one of the world's most closely watched investors has to say about the latest ripples. While Berkshire has scaled bank holdings of big lenders in recent years, the conglomerate was still holding a few.</p><p>As troubles for the sector appeared to calm for a time when he spoke to CNBC in early April, Buffett did come across as wary. "We're not through with bank failures," he said.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BRK.A":"伯克希尔","AAPL":"苹果","BRK.B":"伯克希尔B"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2333271179","content_text":"Apple hands Warren Buffett's Berkshire Hathaway a $214 million payout ahead of shareholder weekend.But what will Buffett say about banks this weekend?Warren Buffett could be the recipient of a few extra high-fives walking into the Berkshire Hathaway annual general shareholder meeting this weekend, thanks to the conglomerate's No. 1 holding, Apple Inc.The tech giant $(AAPL)$ late Thursday reported forecast-beating second-quarter revenue and earnings, thanks to a rebound in iPhone sales. Even better for Berkshire Hathaway (BRKA)(BRKB), which first bought Apple in 2016, was news Apple was lifting its dividend by 4%.Berkshire is its second-largest institutional holder, with 895,136 shares, according to FactSet. Apple upped its quarterly dividend by 24 cents, putting roughly $214.83 million in the pockets of Berkshire Hathaway. The tech company also said it was boosting its buyback program by $90 billion.In his annual letter to shareholders in late February, the 92-year old Buffett said one big lesson investors needed to remember was that \"weeds wither away in significance as the flowers bloom. Over time, it takes just a few winners to work wonders.\"He said Apple buybacks at the end of last year had increased the company's ownership. \"The math isn't complicated: When the share count goes down, your interest in our many businesses goes up,\" Buffett wrote. \"Every small bit helps if repurchases are made at value-accretive prices.\"Set to walk away even richer from that latest dividend payout is the $8 trillion investment adviser Vanguard Group. Apple's biggest shareholder according to FactSet, holds 1.2 million shares, which means a $291.6 million payout.Buffett admitted to selling a bit of Apple once from a tax standpoint, but called that \"a dumb sale,\" in an interview with CNBC last month, as he explained a key reason for holding the stock. \"If you're an Apple user and somebody offers you $10,000 but the only proviso is that they'll take away your iPhone and you'll never be able to buy another, you're not gonna take it,\" he said\"And I don't know whether when I look at my iPhone, I don't know whether it's some little guy inside that's doing anything. I don't know the technical aspects at all. But I know that at the Nebraska Furniture Mart, if we don't have the Apple product, people leave the store and go someplace else,\" he added.The iPhone maker comprises roughly 39% of Berkshire's portfolio, according to its latest 13-F filing.Shares of Apple were up 4.69% on Friday, and are up 33.59% so far this year amid a general rebound for tech shares from last year's beatdown. Berkshire's a shares have gained more than 4% so far this year.Berkshire's second-biggest position is Bank of America $(BAC)$, which has tumbled 16% in 2023, amid the persistent banking crisis that has re-emerged to hit regional lenders hard this week.Investors and shareholders in Omaha, Neb. this weekend, where Berkshire will also release its latest results, will likely be looking out for what one of the world's most closely watched investors has to say about the latest ripples. While Berkshire has scaled bank holdings of big lenders in recent years, the conglomerate was still holding a few.As troubles for the sector appeared to calm for a time when he spoke to CNBC in early April, Buffett did come across as wary. \"We're not through with bank failures,\" he said.","news_type":1,"symbols_score_info":{"AAPL":0.9,"BRK.A":0.9,"BRK.B":0.9}},"isVote":1,"tweetType":1,"viewCount":1651,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9941872317,"gmtCreate":1680167073340,"gmtModify":1680167076922,"author":{"id":"3573627624297281","authorId":"3573627624297281","name":"Sulochana","avatar":"https://community-static.tradeup.com/news/0e526cde0947279eeaf6d2864a19287f","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3573627624297281","idStr":"3573627624297281"},"themes":[],"htmlText":"Share your opinion about this news…","listText":"Share your opinion about this news…","text":"Share your opinion about this news…","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":22,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9941872317","repostId":"2323762165","repostType":2,"isVote":1,"tweetType":1,"viewCount":1418,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9964733973,"gmtCreate":1670205515193,"gmtModify":1676538319947,"author":{"id":"3573627624297281","authorId":"3573627624297281","name":"Sulochana","avatar":"https://community-static.tradeup.com/news/0e526cde0947279eeaf6d2864a19287f","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3573627624297281","idStr":"3573627624297281"},"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/9964733973","repostId":"1114845140","repostType":2,"repost":{"id":"1114845140","kind":"news","pubTimestamp":1670203349,"share":"https://ttm.financial/m/news/1114845140?lang=en_US&edition=fundamental","pubTime":"2022-12-05 09:22","market":"other","language":"en","title":"Bitcoin, Ethereum, Dogecoin Rise: Analyst Says Some Altcoins Showing Strength, DeFi Waking Up Ahead Of New Week","url":"https://stock-news.laohu8.com/highlight/detail?id=1114845140","media":"Benzinga","summary":"ZINGER KEY POINTSInvestor confidence remains largely unchanged going into fresh trading week.Fantom,","content":"<div>\n<p>ZINGER KEY POINTSInvestor confidence remains largely unchanged going into fresh trading week.Fantom, Avalanche, and Polkadot are some altcoins that are on the move up, says trader.Cryptoquant analyst ...</p>\n\n<a href=\"https://www.benzinga.com/markets/cryptocurrency/22/12/29952391/bitcoin-ethereum-dogecoin-rise-analyst-says-some-altcoins-showing-strength-defi-waking-up-\">Source Link</a>\n\n</div>\n","source":"lsy1606299360108","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>Bitcoin, Ethereum, Dogecoin Rise: Analyst Says Some Altcoins Showing Strength, DeFi Waking Up Ahead Of New Week</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\">\nBitcoin, Ethereum, Dogecoin Rise: Analyst Says Some Altcoins Showing Strength, DeFi Waking Up Ahead Of New Week\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-12-05 09:22 GMT+8 <a href=https://www.benzinga.com/markets/cryptocurrency/22/12/29952391/bitcoin-ethereum-dogecoin-rise-analyst-says-some-altcoins-showing-strength-defi-waking-up-><strong>Benzinga</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>ZINGER KEY POINTSInvestor confidence remains largely unchanged going into fresh trading week.Fantom, Avalanche, and Polkadot are some altcoins that are on the move up, says trader.Cryptoquant analyst ...</p>\n\n<a href=\"https://www.benzinga.com/markets/cryptocurrency/22/12/29952391/bitcoin-ethereum-dogecoin-rise-analyst-says-some-altcoins-showing-strength-defi-waking-up-\">Source 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.benzinga.com/markets/cryptocurrency/22/12/29952391/bitcoin-ethereum-dogecoin-rise-analyst-says-some-altcoins-showing-strength-defi-waking-up-","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1114845140","content_text":"ZINGER KEY POINTSInvestor confidence remains largely unchanged going into fresh trading week.Fantom, Avalanche, and Polkadot are some altcoins that are on the move up, says trader.Cryptoquant analyst says since this cycle monetary policy 'relevant for Bitcoin.'Major coins were trading higher on Sunday evening as the global cryptocurrency market cap rose 1.4% to $859.2 billion at 7:18 p.m. EST.Why It Matters: Bitcoin and Ethereum were up even as U.S. stock futures opened largely flat as the weekend drew to a close. S&P futures were unchanged, while Nasdaq futures inched down 0.2% at the time of writing.Investors will look forward to November ISM services data, which is expected Monday morning EST.Investor sentiment was largely unchanged going into the fresh trading week. Alternative. Me’s “Crypto Fear & Greed Index” flashed “Fear” at the time of writing, while last week the Index was at “Fear” as well.Michaël van de Poppe noted that some so-called altcoins are on the move up. The trader pointed to Fantom(FTM), Avalanche(AVAX), and Polkadot(DOT) as examples of coins that are starting to “look pretty good.”FTM has shot up 28.2%, AVAX has risen 7.3%, and DOT is up 6.2% over a seven-day period.“Slowly, but surely, some [altcoins] are showing strength and especially [Decentralized Finance or DeFi] is waking up,” said Van De Poppe in a separate tweet.Meanwhile, on the apex coin side, CryptoQuant analyst Jan Wüstenfeld said that since this cycle monetary policy has “become relevant for Bitcoin.”“We have seen more widespread adoption of Bitcoin over the last years. Futures markets being introduced, institutional interest rising etc. So naturally, Bitcoin has become more connected to the traditional financial markets and is not only driven by retail investing anymore.”Wüstenfeld said that with the latest price moves multiple parties have “declared Bitcoin dead” again but given the monetary conditions it is pertinent to ask if the “federal funds rate will continue to rise indefinitely or that, ultimately, it has to come down? There you have your answer.”The last Federal Open Market Committee(FOMC) meeting for the year is scheduled for next week. At the time of writing, CME’s Fed Watch tool indicated a 78.2% probability for a 50 basis points rate hike.","news_type":1,"symbols_score_info":{}},"isVote":1,"tweetType":1,"viewCount":1879,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9983180097,"gmtCreate":1666180185419,"gmtModify":1676537718838,"author":{"id":"3573627624297281","authorId":"3573627624297281","name":"Sulochana","avatar":"https://community-static.tradeup.com/news/0e526cde0947279eeaf6d2864a19287f","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3573627624297281","idStr":"3573627624297281"},"themes":[],"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9983180097","repostId":"2276114463","repostType":2,"isVote":1,"tweetType":1,"viewCount":1899,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9914920671,"gmtCreate":1665161728593,"gmtModify":1676537566692,"author":{"id":"3573627624297281","authorId":"3573627624297281","name":"Sulochana","avatar":"https://community-static.tradeup.com/news/0e526cde0947279eeaf6d2864a19287f","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3573627624297281","idStr":"3573627624297281"},"themes":[],"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9914920671","repostId":"2273380432","repostType":2,"isVote":1,"tweetType":1,"viewCount":1605,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9939028025,"gmtCreate":1662028308977,"gmtModify":1676536628369,"author":{"id":"3573627624297281","authorId":"3573627624297281","name":"Sulochana","avatar":"https://community-static.tradeup.com/news/0e526cde0947279eeaf6d2864a19287f","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3573627624297281","idStr":"3573627624297281"},"themes":[],"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9939028025","repostId":"1160870826","repostType":2,"repost":{"id":"1160870826","kind":"news","pubTimestamp":1662045526,"share":"https://ttm.financial/m/news/1160870826?lang=en_US&edition=fundamental","pubTime":"2022-09-01 23:18","market":"us","language":"en","title":"Billionaires Have Been Buying These 7 Stocks as the Market Plunges","url":"https://stock-news.laohu8.com/highlight/detail?id=1160870826","media":"Motley Fool","summary":"KEY POINTSThe broad-based S&P 500 produced its worst first-half return in 52 years.Rather than being","content":"<div>\n<p>KEY POINTSThe broad-based S&P 500 produced its worst first-half return in 52 years.Rather than being chased to the sideline, billionaire investors have stood their ground and put their money to work....</p>\n\n<a href=\"https://www.fool.com/investing/2022/09/01/billionaires-buying-7-stocks-as-the-market-plunges/\">Source Link</a>\n\n</div>\n","source":"fool_stock","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>Billionaires Have Been Buying These 7 Stocks as the Market Plunges</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; 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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\">\nBillionaires Have Been Buying These 7 Stocks as the Market Plunges\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-09-01 23:18 GMT+8 <a href=https://www.fool.com/investing/2022/09/01/billionaires-buying-7-stocks-as-the-market-plunges/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>KEY POINTSThe broad-based S&P 500 produced its worst first-half return in 52 years.Rather than being chased to the sideline, billionaire investors have stood their ground and put their money to work....</p>\n\n<a href=\"https://www.fool.com/investing/2022/09/01/billionaires-buying-7-stocks-as-the-market-plunges/\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"PYPL":"PayPal","AMZN":"亚马逊","CVS":"西维斯健康","CRWD":"CrowdStrike Holdings, Inc.","UPST":"Upstart Holdings, Inc.","SHOP":"Shopify Inc","OXY":"西方石油"},"source_url":"https://www.fool.com/investing/2022/09/01/billionaires-buying-7-stocks-as-the-market-plunges/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1160870826","content_text":"KEY POINTSThe broad-based S&P 500 produced its worst first-half return in 52 years.Rather than being chased to the sideline, billionaire investors have stood their ground and put their money to work.These seven stocks have been the apple of select billionaires' eyes.Although you probably don't need the reminder, it's been a rough year on Wall Street. The benchmark S&P 500 produced its worst first-half return since 1970. Meanwhile, the growth-centric Nasdaq Composite plunged 34% on a peak-to-trough basis since hitting its all-time closing high in November. Everything from weak economic growth and historically high inflation to Russia's invasion of Ukraine further upsetting the global energy supply chain has contributed to this challenging year.Yet, in spite of the stock market plunging throughout much of the year, billionaire investors have stood their ground. Billionaire money managers are well aware that every notable pullback in the market has proved to be a buying opportunity over the long run.Based on recent 13F filings with the Securities and Exchange Commission, it's become clear that billionaire fund managers have been buyers as the market plunges. Here's what seven prominent billionaires have been buying.1. Paul Singer: PayPal HoldingsBillionaire activist investor Paul Singer of Elliott Investment Management has been a busy bee in 2022. Most notably, he's taken a roughly $2 billion stake in fintech stock PayPal Holdings (PYPL), which was disclosed by PayPal in its second-quarter earnings release.What's interesting about this position is that Singer often invests in struggling companies. Although PayPal's share price has taken a big hit as pandemic-related valuations deflate, PayPal's operating performance shows a company that's clearly not hurting. Even with U.S. gross domestic product falling in back-to-back quarters, PayPal has maintained double-digit total payment volume growth on a constant-currency basis.More importantly, user engagement hasn't slowed down. When 2020 came to a close, the average active account completed just shy of 41 transactions over the trailing year. As of June 30, 2022, this average active account hadcompleted nearly 49 transactions over the trailing 12 months. With engagement trends headed in the right direction and digital payment growth still in its very early innings, I'd be surprised if Singer's investment ultimately ended up in the red.2. Philippe Laffont: Upstart HoldingsPhilippe Laffont may not be a household name among billionaire money managers, but he successfully oversees Coatue Management, a hedge fund with almost $8.3 billion in assets under management. In the latest quarter, Laffont added almost $75 million in shares of cloud-based lending platform Upstart Holdings (UPST).Upstart aims to completely turn the traditional loan-vetting process on its head. It uses artificial intelligence (AI) to completely automate and approve about three-quarters of all loans processed. Not only is this saving the roughly six dozen financial institutions Upstart is partnered with time and money, but it's giving loan applicants who might otherwise be denied through the traditional vetting process an opportunity. Upstart-vetted loans have produced similar loan delinquency rates as traditional loans, despite a lower average credit score for Upstart-approved applicants.The other lure for Upstart is its potential for expansion. Until last year, Upstart almost exclusively focused on personal loans. With the company now expanding into auto loans and small business loans, its addressable market has increased tenfold.3. Warren Buffett: Occidental PetroleumThe Oracle of Omaha, who's been CEO of Berkshire Hathaway since 1965, probably needs no introduction. Among the16 stocks Warren Buffett has purchased this year, none has raised more eyebrows than oil stock Occidental Petroleum. Berkshire has acquired nearly 188.4 million shares of Occidental this year, as of Aug. 8.Why Occidental Petroleum? The best guess is that Buffett strongly believes crude oil and natural gas prices will remain elevated for years to come. This is a forecast that can certainly be supported by reduced capital investments in the wake of the pandemic, as well as Russia's aforementioned invasion of Ukraine. With no quick fixes to global supply woes, oil and natural gas could very easily support above-average spot prices for years.But what makes Occidental such an odd Buffett stockis its balance sheet. The Oracle of Omaha normally buys stakes in businesses with strong brand names, exceptional leadership, and rock-solid balance sheets. Occidental is more highly levered than most integrated oil and gas companies. In other words, this is a riskier investment than we're used to seeing from Buffett.4. Steve Cohen: CrowdStrike HoldingsBillionaire Steve Cohen, who's known just as much for owning baseball's New York Mets as he is for running Point72 Asset Management, has been an active buyer of cybersecurity stock CrowdStrike Holdings as the market plunges. Cohen's fund bought close to 820,000 shares of CrowdStrike during the second quarter.Aside from the fact that cybersecurity solutions have evolved into a basic necessity service in any economic environment, what allows CrowdStrike to stand out is its AI-driven Falcon platform. Falcon oversees about 1 trillion events daily and has proved superior to the on-premises competition at identifying and responding to potential threats.Although CrowdStrike has had no trouble growing its subscriber base over the years, what's far more impressive is how the company has been able to encourage existing clients to spend more. A little over five years ago, just 9% of the company's clients had purchased four or more cloud-module subscriptions. As of the end of April 2022, 71% of existing clients had purchased four or more cloud-module subscriptions. This is CrowdStrike's not-so-subtle key to superior operating margins and its amazing revenue retention rate.5. Jim Simons: ShopifyBillionaire Jim Simons of Renaissance Technologies has thousands upon thousands of positions. However, cloud-based e-commerce platform Shopify (SHOP 0.93%) became one of Renaissance's largest positions during the second quarter, with a greater than 14-million-share aggregate buy.Despite shares coming under heavy selling pressure due to the company's nosebleed valuation and recent weakness in retail sales as a whole, Shopify looks like a giant in the making. Aided by the pandemic, the gross merchandise value transacted on Shopify's platforms (as of the June-ended quarter) has grown by an annual average of 50% over the past three years. What's more, the company believes it has a $153 billion addressable market just with small businesses. This doesn't even factor in the inroads the company has made with larger companies.Innovation should also be key for Shopify's long-term outlook. The introduction of Shop Pay, a buy now, pay later service designed to help merchants serve more customers, should benefit nicely during long-winded periods of economic expansion.6. Ray Dalio: CVS HealthBridgewater Associates' billionaire money manager Ray Dalio has also been an active buyer. Dalio chose to pile into CVS Health (CVS -0.66%) as the market plunged. Bridgewater bought close to 1.94 million shares during the second quarter, which increased the fund's stake by 159% from the March-ended quarter.The beauty of healthcare stocks is that they're defensive. People can't control when they get sick, which means there's always demand for prescription drugs, medical devices, and healthcare services.On a more company-specific basis, CVS Health has benefited from its vertical integration. Its acquisition of health insurer Aetna in 2018 lifted its organic growth rate, provided ample cost synergies, and gave more than 20 million insured Aetna members a reason to stay within the CVS Health network.Additionally, CVS has been reaping the rewards of its HealthHUB health clinics. In the wake of the COVID-19 pandemic, consumers have demonstrated they're eager for quick solutions to minor illnesses and injuries, as well as supplemental care for chronic conditions. The roughly 1,500 HealthHUBs CVS operates are facilitating these interactions, which have the potential to boost customer loyalty and drive repeat visits.7. Jeff Yass: AmazonLast but not least, billionaire Jeff Yass of Susquehanna International has been buying FAANG stock Amazon as the market plunges. Susquehanna added close to 6.6 million shares of Amazon during the second quarter, which increased its stake to approximately 15.2 million shares.Although Amazon is best known for its dominant online marketplace, which is estimated to bring in 40% of U.S. retail sales in 2022, per eMarketer, it's the company's considerably higher-margin ancillary operations that make it such an ideal buy.For instance, Amazon's online marketplace has helped attract more than 200 million global Prime subscribers. With almost $35 billion in annual run-rate sales from subscription services, Amazon is able to divert plenty of capital to its fast-growing logistics network and other supercharged growth projects.However, Amazon's future is undeniably linked to cloud infrastructure segment Amazon Web Services (AWS). AWS brought in 31% of cloud spending during the second quarter, according to estimates from Canalys. More importantly, AWS is responsible for generating the bulk of Amazon's operating cash flow despite accounting for just a sixth of the company's net sales. As AWS grows into a larger percentage of total sales, Amazon's cash flow can soar.","news_type":1,"symbols_score_info":{"UPST":0.9,"CVS":0.9,"CRWD":0.9,"PYPL":0.9,"SHOP":0.9,"OXY":0.9,"AMZN":0.9}},"isVote":1,"tweetType":1,"viewCount":1944,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9930297585,"gmtCreate":1661960997850,"gmtModify":1676536612910,"author":{"id":"3573627624297281","authorId":"3573627624297281","name":"Sulochana","avatar":"https://community-static.tradeup.com/news/0e526cde0947279eeaf6d2864a19287f","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3573627624297281","idStr":"3573627624297281"},"themes":[],"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9930297585","repostId":"1164311011","repostType":2,"repost":{"id":"1164311011","kind":"news","pubTimestamp":1661959824,"share":"https://ttm.financial/m/news/1164311011?lang=en_US&edition=fundamental","pubTime":"2022-08-31 23:30","market":"us","language":"en","title":"Powell Abandons Soft Landing Goal as He Seeks Growth Recession","url":"https://stock-news.laohu8.com/highlight/detail?id=1164311011","media":"Bloomberg","summary":"Fed chief wants weak growth, soft jobs market to cut inflation‘It’s a bit like dripping water tortur","content":"<div>\n<p>Fed chief wants weak growth, soft jobs market to cut inflation‘It’s a bit like dripping water torture,’ economist Swonk saysForget about a soft landing. Federal Reserve Chair Jerome Powell is now ...</p>\n\n<a href=\"https://www.bloomberg.com/news/articles/2022-08-31/powell-abandons-soft-landing-goal-as-he-seeks-growth-recession?srnd=premium\">Source Link</a>\n\n</div>\n","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>Powell Abandons Soft Landing Goal as He Seeks Growth Recession</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\">\nPowell Abandons Soft Landing Goal as He Seeks Growth Recession\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-08-31 23:30 GMT+8 <a href=https://www.bloomberg.com/news/articles/2022-08-31/powell-abandons-soft-landing-goal-as-he-seeks-growth-recession?srnd=premium><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Fed chief wants weak growth, soft jobs market to cut inflation‘It’s a bit like dripping water torture,’ economist Swonk saysForget about a soft landing. Federal Reserve Chair Jerome Powell is now ...</p>\n\n<a href=\"https://www.bloomberg.com/news/articles/2022-08-31/powell-abandons-soft-landing-goal-as-he-seeks-growth-recession?srnd=premium\">Source Link</a>\n\n</div>\n\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":"https://www.bloomberg.com/news/articles/2022-08-31/powell-abandons-soft-landing-goal-as-he-seeks-growth-recession?srnd=premium","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1164311011","content_text":"Fed chief wants weak growth, soft jobs market to cut inflation‘It’s a bit like dripping water torture,’ economist Swonk saysForget about a soft landing. Federal Reserve Chair Jerome Powell is now aiming for something much more painful for the economy to put an end to elevated inflation. The trouble is, even that may not be enough.It’s known to economists by the paradoxical name of a “growth recession.” Unlike a soft landing, it’s a protracted period of meager growth and rising unemployment. But it stops short of an outright contraction of the economy.Powell “buried the concept of a soft landing” with his Aug. 26 speech in Jackson Hole, Wyoming, said Diane Swonk, chief economist at KPMG LLP. Now, “the Fed’s goal is to grind inflation down by slowing growth below its potential,” which officials peg at 1.8%.“It’s a bit like dripping water torture,” added Swonk, who attended the Fed’s annual Jackson Hole symposium last week. “It is a torturous process but less torturous and less painful than an abrupt recession.”The shift in Powell’s message got the attention of Wall Street. Stock prices have swooned since the Fed chair vowed to do what it takes to rid the economy of too-high inflation.Politicians in Washington took note too. Massachusetts Senator and former Democratic Party presidential hopeful Elizabeth Warren voiced concern that the Fed could tip the economy into a recession, while Senate Republican Party leader Mitch McConnell said a downturn was likely as the central bank raises rates to combat inflation.In the archetypal soft landing in 1994-95, the Fed slowed the economy briefly and contained inflation through a doubling of interest rates. But unemployment never really rose. It just stopped falling for a while.The late New York University economist Solomon Fabricant coined the term “growth recession” in research published in 1972. While such a scenario may not be as costly as an actual contraction, it poses dangers for the economy nonetheless, he suggested at the time.A tiger contained “is not the same as a tiger loose in the streets, but neither is it a paper tiger,” he wrote.Powell has seemingly concluded that it will take a tiger -- and not just a soft landing -- to attack America’s pernicious inflation. In his Jackson Hole speech, he said the labor market was “clearly out of balance,” with the demand for workers substantially exceeding the supply. That’s led to rapid wage rises that are incompatible with the Fed’s 2% inflation target.“Reducing inflation is likely to require a sustained period of below-trend growth,” Powell said. “Moreover, there will very likely be some softening of labor market conditions” -- widely seen as a euphemism for higher unemployment.Joblessness probably held steady in August at a five-decade low of 3.5% as payroll growth slowed to 300,000 from 528,000 in July, according to the median forecast of economists surveyed by Bloomberg. The monthly data are scheduled to be released by the Labor Department on Friday.","news_type":1,"symbols_score_info":{".DJI":0.9,".SPX":0.9,".IXIC":0.9}},"isVote":1,"tweetType":1,"viewCount":1771,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"hots":[{"id":9941872317,"gmtCreate":1680167073340,"gmtModify":1680167076922,"author":{"id":"3573627624297281","authorId":"3573627624297281","name":"Sulochana","avatar":"https://community-static.tradeup.com/news/0e526cde0947279eeaf6d2864a19287f","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3573627624297281","idStr":"3573627624297281"},"themes":[],"htmlText":"Share your opinion about this news…","listText":"Share your opinion about this news…","text":"Share your opinion about this news…","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":22,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9941872317","repostId":"2323762165","repostType":2,"isVote":1,"tweetType":1,"viewCount":1418,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9939028025,"gmtCreate":1662028308977,"gmtModify":1676536628369,"author":{"id":"3573627624297281","authorId":"3573627624297281","name":"Sulochana","avatar":"https://community-static.tradeup.com/news/0e526cde0947279eeaf6d2864a19287f","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3573627624297281","idStr":"3573627624297281"},"themes":[],"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9939028025","repostId":"1160870826","repostType":2,"repost":{"id":"1160870826","kind":"news","pubTimestamp":1662045526,"share":"https://ttm.financial/m/news/1160870826?lang=en_US&edition=fundamental","pubTime":"2022-09-01 23:18","market":"us","language":"en","title":"Billionaires Have Been Buying These 7 Stocks as the Market Plunges","url":"https://stock-news.laohu8.com/highlight/detail?id=1160870826","media":"Motley Fool","summary":"KEY POINTSThe broad-based S&P 500 produced its worst first-half return in 52 years.Rather than being","content":"<div>\n<p>KEY POINTSThe broad-based S&P 500 produced its worst first-half return in 52 years.Rather than being chased to the sideline, billionaire investors have stood their ground and put their money to work....</p>\n\n<a href=\"https://www.fool.com/investing/2022/09/01/billionaires-buying-7-stocks-as-the-market-plunges/\">Source Link</a>\n\n</div>\n","source":"fool_stock","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>Billionaires Have Been Buying These 7 Stocks as the Market Plunges</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; 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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\">\nBillionaires Have Been Buying These 7 Stocks as the Market Plunges\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-09-01 23:18 GMT+8 <a href=https://www.fool.com/investing/2022/09/01/billionaires-buying-7-stocks-as-the-market-plunges/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>KEY POINTSThe broad-based S&P 500 produced its worst first-half return in 52 years.Rather than being chased to the sideline, billionaire investors have stood their ground and put their money to work....</p>\n\n<a href=\"https://www.fool.com/investing/2022/09/01/billionaires-buying-7-stocks-as-the-market-plunges/\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"PYPL":"PayPal","AMZN":"亚马逊","CVS":"西维斯健康","CRWD":"CrowdStrike Holdings, Inc.","UPST":"Upstart Holdings, Inc.","SHOP":"Shopify Inc","OXY":"西方石油"},"source_url":"https://www.fool.com/investing/2022/09/01/billionaires-buying-7-stocks-as-the-market-plunges/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1160870826","content_text":"KEY POINTSThe broad-based S&P 500 produced its worst first-half return in 52 years.Rather than being chased to the sideline, billionaire investors have stood their ground and put their money to work.These seven stocks have been the apple of select billionaires' eyes.Although you probably don't need the reminder, it's been a rough year on Wall Street. The benchmark S&P 500 produced its worst first-half return since 1970. Meanwhile, the growth-centric Nasdaq Composite plunged 34% on a peak-to-trough basis since hitting its all-time closing high in November. Everything from weak economic growth and historically high inflation to Russia's invasion of Ukraine further upsetting the global energy supply chain has contributed to this challenging year.Yet, in spite of the stock market plunging throughout much of the year, billionaire investors have stood their ground. Billionaire money managers are well aware that every notable pullback in the market has proved to be a buying opportunity over the long run.Based on recent 13F filings with the Securities and Exchange Commission, it's become clear that billionaire fund managers have been buyers as the market plunges. Here's what seven prominent billionaires have been buying.1. Paul Singer: PayPal HoldingsBillionaire activist investor Paul Singer of Elliott Investment Management has been a busy bee in 2022. Most notably, he's taken a roughly $2 billion stake in fintech stock PayPal Holdings (PYPL), which was disclosed by PayPal in its second-quarter earnings release.What's interesting about this position is that Singer often invests in struggling companies. Although PayPal's share price has taken a big hit as pandemic-related valuations deflate, PayPal's operating performance shows a company that's clearly not hurting. Even with U.S. gross domestic product falling in back-to-back quarters, PayPal has maintained double-digit total payment volume growth on a constant-currency basis.More importantly, user engagement hasn't slowed down. When 2020 came to a close, the average active account completed just shy of 41 transactions over the trailing year. As of June 30, 2022, this average active account hadcompleted nearly 49 transactions over the trailing 12 months. With engagement trends headed in the right direction and digital payment growth still in its very early innings, I'd be surprised if Singer's investment ultimately ended up in the red.2. Philippe Laffont: Upstart HoldingsPhilippe Laffont may not be a household name among billionaire money managers, but he successfully oversees Coatue Management, a hedge fund with almost $8.3 billion in assets under management. In the latest quarter, Laffont added almost $75 million in shares of cloud-based lending platform Upstart Holdings (UPST).Upstart aims to completely turn the traditional loan-vetting process on its head. It uses artificial intelligence (AI) to completely automate and approve about three-quarters of all loans processed. Not only is this saving the roughly six dozen financial institutions Upstart is partnered with time and money, but it's giving loan applicants who might otherwise be denied through the traditional vetting process an opportunity. Upstart-vetted loans have produced similar loan delinquency rates as traditional loans, despite a lower average credit score for Upstart-approved applicants.The other lure for Upstart is its potential for expansion. Until last year, Upstart almost exclusively focused on personal loans. With the company now expanding into auto loans and small business loans, its addressable market has increased tenfold.3. Warren Buffett: Occidental PetroleumThe Oracle of Omaha, who's been CEO of Berkshire Hathaway since 1965, probably needs no introduction. Among the16 stocks Warren Buffett has purchased this year, none has raised more eyebrows than oil stock Occidental Petroleum. Berkshire has acquired nearly 188.4 million shares of Occidental this year, as of Aug. 8.Why Occidental Petroleum? The best guess is that Buffett strongly believes crude oil and natural gas prices will remain elevated for years to come. This is a forecast that can certainly be supported by reduced capital investments in the wake of the pandemic, as well as Russia's aforementioned invasion of Ukraine. With no quick fixes to global supply woes, oil and natural gas could very easily support above-average spot prices for years.But what makes Occidental such an odd Buffett stockis its balance sheet. The Oracle of Omaha normally buys stakes in businesses with strong brand names, exceptional leadership, and rock-solid balance sheets. Occidental is more highly levered than most integrated oil and gas companies. In other words, this is a riskier investment than we're used to seeing from Buffett.4. Steve Cohen: CrowdStrike HoldingsBillionaire Steve Cohen, who's known just as much for owning baseball's New York Mets as he is for running Point72 Asset Management, has been an active buyer of cybersecurity stock CrowdStrike Holdings as the market plunges. Cohen's fund bought close to 820,000 shares of CrowdStrike during the second quarter.Aside from the fact that cybersecurity solutions have evolved into a basic necessity service in any economic environment, what allows CrowdStrike to stand out is its AI-driven Falcon platform. Falcon oversees about 1 trillion events daily and has proved superior to the on-premises competition at identifying and responding to potential threats.Although CrowdStrike has had no trouble growing its subscriber base over the years, what's far more impressive is how the company has been able to encourage existing clients to spend more. A little over five years ago, just 9% of the company's clients had purchased four or more cloud-module subscriptions. As of the end of April 2022, 71% of existing clients had purchased four or more cloud-module subscriptions. This is CrowdStrike's not-so-subtle key to superior operating margins and its amazing revenue retention rate.5. Jim Simons: ShopifyBillionaire Jim Simons of Renaissance Technologies has thousands upon thousands of positions. However, cloud-based e-commerce platform Shopify (SHOP 0.93%) became one of Renaissance's largest positions during the second quarter, with a greater than 14-million-share aggregate buy.Despite shares coming under heavy selling pressure due to the company's nosebleed valuation and recent weakness in retail sales as a whole, Shopify looks like a giant in the making. Aided by the pandemic, the gross merchandise value transacted on Shopify's platforms (as of the June-ended quarter) has grown by an annual average of 50% over the past three years. What's more, the company believes it has a $153 billion addressable market just with small businesses. This doesn't even factor in the inroads the company has made with larger companies.Innovation should also be key for Shopify's long-term outlook. The introduction of Shop Pay, a buy now, pay later service designed to help merchants serve more customers, should benefit nicely during long-winded periods of economic expansion.6. Ray Dalio: CVS HealthBridgewater Associates' billionaire money manager Ray Dalio has also been an active buyer. Dalio chose to pile into CVS Health (CVS -0.66%) as the market plunged. Bridgewater bought close to 1.94 million shares during the second quarter, which increased the fund's stake by 159% from the March-ended quarter.The beauty of healthcare stocks is that they're defensive. People can't control when they get sick, which means there's always demand for prescription drugs, medical devices, and healthcare services.On a more company-specific basis, CVS Health has benefited from its vertical integration. Its acquisition of health insurer Aetna in 2018 lifted its organic growth rate, provided ample cost synergies, and gave more than 20 million insured Aetna members a reason to stay within the CVS Health network.Additionally, CVS has been reaping the rewards of its HealthHUB health clinics. In the wake of the COVID-19 pandemic, consumers have demonstrated they're eager for quick solutions to minor illnesses and injuries, as well as supplemental care for chronic conditions. The roughly 1,500 HealthHUBs CVS operates are facilitating these interactions, which have the potential to boost customer loyalty and drive repeat visits.7. Jeff Yass: AmazonLast but not least, billionaire Jeff Yass of Susquehanna International has been buying FAANG stock Amazon as the market plunges. Susquehanna added close to 6.6 million shares of Amazon during the second quarter, which increased its stake to approximately 15.2 million shares.Although Amazon is best known for its dominant online marketplace, which is estimated to bring in 40% of U.S. retail sales in 2022, per eMarketer, it's the company's considerably higher-margin ancillary operations that make it such an ideal buy.For instance, Amazon's online marketplace has helped attract more than 200 million global Prime subscribers. With almost $35 billion in annual run-rate sales from subscription services, Amazon is able to divert plenty of capital to its fast-growing logistics network and other supercharged growth projects.However, Amazon's future is undeniably linked to cloud infrastructure segment Amazon Web Services (AWS). AWS brought in 31% of cloud spending during the second quarter, according to estimates from Canalys. More importantly, AWS is responsible for generating the bulk of Amazon's operating cash flow despite accounting for just a sixth of the company's net sales. As AWS grows into a larger percentage of total sales, Amazon's cash flow can soar.","news_type":1,"symbols_score_info":{"UPST":0.9,"CVS":0.9,"CRWD":0.9,"PYPL":0.9,"SHOP":0.9,"OXY":0.9,"AMZN":0.9}},"isVote":1,"tweetType":1,"viewCount":1944,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9964733973,"gmtCreate":1670205515193,"gmtModify":1676538319947,"author":{"id":"3573627624297281","authorId":"3573627624297281","name":"Sulochana","avatar":"https://community-static.tradeup.com/news/0e526cde0947279eeaf6d2864a19287f","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3573627624297281","idStr":"3573627624297281"},"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/9964733973","repostId":"1114845140","repostType":2,"repost":{"id":"1114845140","kind":"news","pubTimestamp":1670203349,"share":"https://ttm.financial/m/news/1114845140?lang=en_US&edition=fundamental","pubTime":"2022-12-05 09:22","market":"other","language":"en","title":"Bitcoin, Ethereum, Dogecoin Rise: Analyst Says Some Altcoins Showing Strength, DeFi Waking Up Ahead Of New Week","url":"https://stock-news.laohu8.com/highlight/detail?id=1114845140","media":"Benzinga","summary":"ZINGER KEY POINTSInvestor confidence remains largely unchanged going into fresh trading week.Fantom,","content":"<div>\n<p>ZINGER KEY POINTSInvestor confidence remains largely unchanged going into fresh trading week.Fantom, Avalanche, and Polkadot are some altcoins that are on the move up, says trader.Cryptoquant analyst ...</p>\n\n<a href=\"https://www.benzinga.com/markets/cryptocurrency/22/12/29952391/bitcoin-ethereum-dogecoin-rise-analyst-says-some-altcoins-showing-strength-defi-waking-up-\">Source Link</a>\n\n</div>\n","source":"lsy1606299360108","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>Bitcoin, Ethereum, Dogecoin Rise: Analyst Says Some Altcoins Showing Strength, DeFi Waking Up Ahead Of New Week</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\">\nBitcoin, Ethereum, Dogecoin Rise: Analyst Says Some Altcoins Showing Strength, DeFi Waking Up Ahead Of New Week\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-12-05 09:22 GMT+8 <a href=https://www.benzinga.com/markets/cryptocurrency/22/12/29952391/bitcoin-ethereum-dogecoin-rise-analyst-says-some-altcoins-showing-strength-defi-waking-up-><strong>Benzinga</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>ZINGER KEY POINTSInvestor confidence remains largely unchanged going into fresh trading week.Fantom, Avalanche, and Polkadot are some altcoins that are on the move up, says trader.Cryptoquant analyst ...</p>\n\n<a href=\"https://www.benzinga.com/markets/cryptocurrency/22/12/29952391/bitcoin-ethereum-dogecoin-rise-analyst-says-some-altcoins-showing-strength-defi-waking-up-\">Source 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.benzinga.com/markets/cryptocurrency/22/12/29952391/bitcoin-ethereum-dogecoin-rise-analyst-says-some-altcoins-showing-strength-defi-waking-up-","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1114845140","content_text":"ZINGER KEY POINTSInvestor confidence remains largely unchanged going into fresh trading week.Fantom, Avalanche, and Polkadot are some altcoins that are on the move up, says trader.Cryptoquant analyst says since this cycle monetary policy 'relevant for Bitcoin.'Major coins were trading higher on Sunday evening as the global cryptocurrency market cap rose 1.4% to $859.2 billion at 7:18 p.m. EST.Why It Matters: Bitcoin and Ethereum were up even as U.S. stock futures opened largely flat as the weekend drew to a close. S&P futures were unchanged, while Nasdaq futures inched down 0.2% at the time of writing.Investors will look forward to November ISM services data, which is expected Monday morning EST.Investor sentiment was largely unchanged going into the fresh trading week. Alternative. Me’s “Crypto Fear & Greed Index” flashed “Fear” at the time of writing, while last week the Index was at “Fear” as well.Michaël van de Poppe noted that some so-called altcoins are on the move up. The trader pointed to Fantom(FTM), Avalanche(AVAX), and Polkadot(DOT) as examples of coins that are starting to “look pretty good.”FTM has shot up 28.2%, AVAX has risen 7.3%, and DOT is up 6.2% over a seven-day period.“Slowly, but surely, some [altcoins] are showing strength and especially [Decentralized Finance or DeFi] is waking up,” said Van De Poppe in a separate tweet.Meanwhile, on the apex coin side, CryptoQuant analyst Jan Wüstenfeld said that since this cycle monetary policy has “become relevant for Bitcoin.”“We have seen more widespread adoption of Bitcoin over the last years. Futures markets being introduced, institutional interest rising etc. So naturally, Bitcoin has become more connected to the traditional financial markets and is not only driven by retail investing anymore.”Wüstenfeld said that with the latest price moves multiple parties have “declared Bitcoin dead” again but given the monetary conditions it is pertinent to ask if the “federal funds rate will continue to rise indefinitely or that, ultimately, it has to come down? There you have your answer.”The last Federal Open Market Committee(FOMC) meeting for the year is scheduled for next week. At the time of writing, CME’s Fed Watch tool indicated a 78.2% probability for a 50 basis points rate hike.","news_type":1,"symbols_score_info":{}},"isVote":1,"tweetType":1,"viewCount":1879,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9947572376,"gmtCreate":1683359648595,"gmtModify":1683359652591,"author":{"id":"3573627624297281","authorId":"3573627624297281","name":"Sulochana","avatar":"https://community-static.tradeup.com/news/0e526cde0947279eeaf6d2864a19287f","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3573627624297281","idStr":"3573627624297281"},"themes":[],"htmlText":"Share your opinion about this news…","listText":"Share your opinion about this news…","text":"Share your opinion about this news…","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9947572376","repostId":"2333271179","repostType":2,"repost":{"id":"2333271179","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":1683343538,"share":"https://ttm.financial/m/news/2333271179?lang=en_US&edition=fundamental","pubTime":"2023-05-06 11:25","market":"us","language":"en","title":"Apple Hands Warren Buffett's Berkshire Hathaway a $214 Million Payout Ahead of Shareholder Weekend","url":"https://stock-news.laohu8.com/highlight/detail?id=2333271179","media":"Dow Jones","summary":"Apple hands Warren Buffett's Berkshire Hathaway a $214 million payout ahead of shareholder weekend.B","content":"<html><head></head><body><ul><li><p><a href=\"https://laohu8.com/S/AAPL\">Apple</a> hands Warren Buffett's Berkshire Hathaway a $214 million payout ahead of shareholder weekend.</p></li><li><p>But what will Buffett say about banks this weekend?</p></li></ul><p>Warren Buffett could be the recipient of a few extra high-fives walking into the Berkshire Hathaway annual general shareholder meeting this weekend, thanks to the conglomerate's No. 1 holding, Apple Inc.</p><p>The tech giant <a href=\"https://laohu8.com/S/AAPL\">$(AAPL)$</a> late Thursday reported forecast-beating second-quarter revenue and earnings, thanks to a rebound in iPhone sales. Even better for Berkshire Hathaway (BRKA)(BRKB), which first bought Apple in 2016, was news Apple was lifting its dividend by 4%.</p><p>Berkshire is its second-largest institutional holder, with 895,136 shares, according to FactSet. Apple upped its quarterly dividend by 24 cents, putting roughly $214.83 million in the pockets of Berkshire Hathaway. The tech company also said it was boosting its buyback program by $90 billion.</p><p>In his annual letter to shareholders in late February, the 92-year old Buffett said one big lesson investors needed to remember was that "weeds wither away in significance as the flowers bloom. Over time, it takes just a few winners to work wonders."</p><p>He said Apple buybacks at the end of last year had increased the company's ownership. "The math isn't complicated: When the share count goes down, your interest in our many businesses goes up," Buffett wrote. "Every small bit helps if repurchases are made at value-accretive prices."</p><p>Set to walk away even richer from that latest dividend payout is the $8 trillion investment adviser Vanguard Group. Apple's biggest shareholder according to FactSet, holds 1.2 million shares, which means a $291.6 million payout.</p><p>Buffett admitted to selling a bit of Apple once from a tax standpoint, but called that "a dumb sale," in an interview with CNBC last month, as he explained a key reason for holding the stock. "If you're an Apple user and somebody offers you $10,000 but the only proviso is that they'll take away your iPhone and you'll never be able to buy another, you're not gonna take it," he said</p><p>"And I don't know whether when I look at my iPhone, I don't know whether it's some little guy inside that's doing anything. I don't know the technical aspects at all. But I know that at the Nebraska Furniture Mart, if we don't have the Apple product, people leave the store and go someplace else," he added.</p><p>The iPhone maker comprises roughly 39% of Berkshire's portfolio, according to its latest 13-F filing.</p><p>Shares of Apple were up 4.69% on Friday, and are up 33.59% so far this year amid a general rebound for tech shares from last year's beatdown. Berkshire's a shares have gained more than 4% so far this year.</p><p></p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/fabec8f268770a7a52b8348a39f4db14\" tg-width=\"855\" tg-height=\"625\"/></p><p>Berkshire's second-biggest position is Bank of America <a href=\"https://laohu8.com/S/BAC\">$(BAC)$</a>, which has tumbled 16% in 2023, amid the persistent banking crisis that has re-emerged to hit regional lenders hard this week.</p><p>Investors and shareholders in Omaha, Neb. this weekend, where Berkshire will also release its latest results, will likely be looking out for what one of the world's most closely watched investors has to say about the latest ripples. While Berkshire has scaled bank holdings of big lenders in recent years, the conglomerate was still holding a few.</p><p>As troubles for the sector appeared to calm for a time when he spoke to CNBC in early April, Buffett did come across as wary. "We're not through with bank failures," he said.</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>Apple Hands Warren Buffett's Berkshire Hathaway a $214 Million Payout Ahead of Shareholder Weekend</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\">\nApple Hands Warren Buffett's Berkshire Hathaway a $214 Million Payout Ahead of Shareholder Weekend\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\">2023-05-06 11:25</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><ul><li><p><a href=\"https://laohu8.com/S/AAPL\">Apple</a> hands Warren Buffett's Berkshire Hathaway a $214 million payout ahead of shareholder weekend.</p></li><li><p>But what will Buffett say about banks this weekend?</p></li></ul><p>Warren Buffett could be the recipient of a few extra high-fives walking into the Berkshire Hathaway annual general shareholder meeting this weekend, thanks to the conglomerate's No. 1 holding, Apple Inc.</p><p>The tech giant <a href=\"https://laohu8.com/S/AAPL\">$(AAPL)$</a> late Thursday reported forecast-beating second-quarter revenue and earnings, thanks to a rebound in iPhone sales. Even better for Berkshire Hathaway (BRKA)(BRKB), which first bought Apple in 2016, was news Apple was lifting its dividend by 4%.</p><p>Berkshire is its second-largest institutional holder, with 895,136 shares, according to FactSet. Apple upped its quarterly dividend by 24 cents, putting roughly $214.83 million in the pockets of Berkshire Hathaway. The tech company also said it was boosting its buyback program by $90 billion.</p><p>In his annual letter to shareholders in late February, the 92-year old Buffett said one big lesson investors needed to remember was that "weeds wither away in significance as the flowers bloom. Over time, it takes just a few winners to work wonders."</p><p>He said Apple buybacks at the end of last year had increased the company's ownership. "The math isn't complicated: When the share count goes down, your interest in our many businesses goes up," Buffett wrote. "Every small bit helps if repurchases are made at value-accretive prices."</p><p>Set to walk away even richer from that latest dividend payout is the $8 trillion investment adviser Vanguard Group. Apple's biggest shareholder according to FactSet, holds 1.2 million shares, which means a $291.6 million payout.</p><p>Buffett admitted to selling a bit of Apple once from a tax standpoint, but called that "a dumb sale," in an interview with CNBC last month, as he explained a key reason for holding the stock. "If you're an Apple user and somebody offers you $10,000 but the only proviso is that they'll take away your iPhone and you'll never be able to buy another, you're not gonna take it," he said</p><p>"And I don't know whether when I look at my iPhone, I don't know whether it's some little guy inside that's doing anything. I don't know the technical aspects at all. But I know that at the Nebraska Furniture Mart, if we don't have the Apple product, people leave the store and go someplace else," he added.</p><p>The iPhone maker comprises roughly 39% of Berkshire's portfolio, according to its latest 13-F filing.</p><p>Shares of Apple were up 4.69% on Friday, and are up 33.59% so far this year amid a general rebound for tech shares from last year's beatdown. Berkshire's a shares have gained more than 4% so far this year.</p><p></p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/fabec8f268770a7a52b8348a39f4db14\" tg-width=\"855\" tg-height=\"625\"/></p><p>Berkshire's second-biggest position is Bank of America <a href=\"https://laohu8.com/S/BAC\">$(BAC)$</a>, which has tumbled 16% in 2023, amid the persistent banking crisis that has re-emerged to hit regional lenders hard this week.</p><p>Investors and shareholders in Omaha, Neb. this weekend, where Berkshire will also release its latest results, will likely be looking out for what one of the world's most closely watched investors has to say about the latest ripples. While Berkshire has scaled bank holdings of big lenders in recent years, the conglomerate was still holding a few.</p><p>As troubles for the sector appeared to calm for a time when he spoke to CNBC in early April, Buffett did come across as wary. "We're not through with bank failures," he said.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BRK.A":"伯克希尔","AAPL":"苹果","BRK.B":"伯克希尔B"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2333271179","content_text":"Apple hands Warren Buffett's Berkshire Hathaway a $214 million payout ahead of shareholder weekend.But what will Buffett say about banks this weekend?Warren Buffett could be the recipient of a few extra high-fives walking into the Berkshire Hathaway annual general shareholder meeting this weekend, thanks to the conglomerate's No. 1 holding, Apple Inc.The tech giant $(AAPL)$ late Thursday reported forecast-beating second-quarter revenue and earnings, thanks to a rebound in iPhone sales. Even better for Berkshire Hathaway (BRKA)(BRKB), which first bought Apple in 2016, was news Apple was lifting its dividend by 4%.Berkshire is its second-largest institutional holder, with 895,136 shares, according to FactSet. Apple upped its quarterly dividend by 24 cents, putting roughly $214.83 million in the pockets of Berkshire Hathaway. The tech company also said it was boosting its buyback program by $90 billion.In his annual letter to shareholders in late February, the 92-year old Buffett said one big lesson investors needed to remember was that \"weeds wither away in significance as the flowers bloom. Over time, it takes just a few winners to work wonders.\"He said Apple buybacks at the end of last year had increased the company's ownership. \"The math isn't complicated: When the share count goes down, your interest in our many businesses goes up,\" Buffett wrote. \"Every small bit helps if repurchases are made at value-accretive prices.\"Set to walk away even richer from that latest dividend payout is the $8 trillion investment adviser Vanguard Group. Apple's biggest shareholder according to FactSet, holds 1.2 million shares, which means a $291.6 million payout.Buffett admitted to selling a bit of Apple once from a tax standpoint, but called that \"a dumb sale,\" in an interview with CNBC last month, as he explained a key reason for holding the stock. \"If you're an Apple user and somebody offers you $10,000 but the only proviso is that they'll take away your iPhone and you'll never be able to buy another, you're not gonna take it,\" he said\"And I don't know whether when I look at my iPhone, I don't know whether it's some little guy inside that's doing anything. I don't know the technical aspects at all. But I know that at the Nebraska Furniture Mart, if we don't have the Apple product, people leave the store and go someplace else,\" he added.The iPhone maker comprises roughly 39% of Berkshire's portfolio, according to its latest 13-F filing.Shares of Apple were up 4.69% on Friday, and are up 33.59% so far this year amid a general rebound for tech shares from last year's beatdown. Berkshire's a shares have gained more than 4% so far this year.Berkshire's second-biggest position is Bank of America $(BAC)$, which has tumbled 16% in 2023, amid the persistent banking crisis that has re-emerged to hit regional lenders hard this week.Investors and shareholders in Omaha, Neb. this weekend, where Berkshire will also release its latest results, will likely be looking out for what one of the world's most closely watched investors has to say about the latest ripples. While Berkshire has scaled bank holdings of big lenders in recent years, the conglomerate was still holding a few.As troubles for the sector appeared to calm for a time when he spoke to CNBC in early April, Buffett did come across as wary. \"We're not through with bank failures,\" he said.","news_type":1,"symbols_score_info":{"AAPL":0.9,"BRK.A":0.9,"BRK.B":0.9}},"isVote":1,"tweetType":1,"viewCount":1651,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9930297585,"gmtCreate":1661960997850,"gmtModify":1676536612910,"author":{"id":"3573627624297281","authorId":"3573627624297281","name":"Sulochana","avatar":"https://community-static.tradeup.com/news/0e526cde0947279eeaf6d2864a19287f","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3573627624297281","idStr":"3573627624297281"},"themes":[],"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9930297585","repostId":"1164311011","repostType":2,"repost":{"id":"1164311011","kind":"news","pubTimestamp":1661959824,"share":"https://ttm.financial/m/news/1164311011?lang=en_US&edition=fundamental","pubTime":"2022-08-31 23:30","market":"us","language":"en","title":"Powell Abandons Soft Landing Goal as He Seeks Growth Recession","url":"https://stock-news.laohu8.com/highlight/detail?id=1164311011","media":"Bloomberg","summary":"Fed chief wants weak growth, soft jobs market to cut inflation‘It’s a bit like dripping water tortur","content":"<div>\n<p>Fed chief wants weak growth, soft jobs market to cut inflation‘It’s a bit like dripping water torture,’ economist Swonk saysForget about a soft landing. Federal Reserve Chair Jerome Powell is now ...</p>\n\n<a href=\"https://www.bloomberg.com/news/articles/2022-08-31/powell-abandons-soft-landing-goal-as-he-seeks-growth-recession?srnd=premium\">Source Link</a>\n\n</div>\n","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>Powell Abandons Soft Landing Goal as He Seeks Growth Recession</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\">\nPowell Abandons Soft Landing Goal as He Seeks Growth Recession\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-08-31 23:30 GMT+8 <a href=https://www.bloomberg.com/news/articles/2022-08-31/powell-abandons-soft-landing-goal-as-he-seeks-growth-recession?srnd=premium><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Fed chief wants weak growth, soft jobs market to cut inflation‘It’s a bit like dripping water torture,’ economist Swonk saysForget about a soft landing. Federal Reserve Chair Jerome Powell is now ...</p>\n\n<a href=\"https://www.bloomberg.com/news/articles/2022-08-31/powell-abandons-soft-landing-goal-as-he-seeks-growth-recession?srnd=premium\">Source Link</a>\n\n</div>\n\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":"https://www.bloomberg.com/news/articles/2022-08-31/powell-abandons-soft-landing-goal-as-he-seeks-growth-recession?srnd=premium","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1164311011","content_text":"Fed chief wants weak growth, soft jobs market to cut inflation‘It’s a bit like dripping water torture,’ economist Swonk saysForget about a soft landing. Federal Reserve Chair Jerome Powell is now aiming for something much more painful for the economy to put an end to elevated inflation. The trouble is, even that may not be enough.It’s known to economists by the paradoxical name of a “growth recession.” Unlike a soft landing, it’s a protracted period of meager growth and rising unemployment. But it stops short of an outright contraction of the economy.Powell “buried the concept of a soft landing” with his Aug. 26 speech in Jackson Hole, Wyoming, said Diane Swonk, chief economist at KPMG LLP. Now, “the Fed’s goal is to grind inflation down by slowing growth below its potential,” which officials peg at 1.8%.“It’s a bit like dripping water torture,” added Swonk, who attended the Fed’s annual Jackson Hole symposium last week. “It is a torturous process but less torturous and less painful than an abrupt recession.”The shift in Powell’s message got the attention of Wall Street. Stock prices have swooned since the Fed chair vowed to do what it takes to rid the economy of too-high inflation.Politicians in Washington took note too. Massachusetts Senator and former Democratic Party presidential hopeful Elizabeth Warren voiced concern that the Fed could tip the economy into a recession, while Senate Republican Party leader Mitch McConnell said a downturn was likely as the central bank raises rates to combat inflation.In the archetypal soft landing in 1994-95, the Fed slowed the economy briefly and contained inflation through a doubling of interest rates. But unemployment never really rose. It just stopped falling for a while.The late New York University economist Solomon Fabricant coined the term “growth recession” in research published in 1972. While such a scenario may not be as costly as an actual contraction, it poses dangers for the economy nonetheless, he suggested at the time.A tiger contained “is not the same as a tiger loose in the streets, but neither is it a paper tiger,” he wrote.Powell has seemingly concluded that it will take a tiger -- and not just a soft landing -- to attack America’s pernicious inflation. In his Jackson Hole speech, he said the labor market was “clearly out of balance,” with the demand for workers substantially exceeding the supply. That’s led to rapid wage rises that are incompatible with the Fed’s 2% inflation target.“Reducing inflation is likely to require a sustained period of below-trend growth,” Powell said. “Moreover, there will very likely be some softening of labor market conditions” -- widely seen as a euphemism for higher unemployment.Joblessness probably held steady in August at a five-decade low of 3.5% as payroll growth slowed to 300,000 from 528,000 in July, according to the median forecast of economists surveyed by Bloomberg. The monthly data are scheduled to be released by the Labor Department on Friday.","news_type":1,"symbols_score_info":{".DJI":0.9,".SPX":0.9,".IXIC":0.9}},"isVote":1,"tweetType":1,"viewCount":1771,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9983180097,"gmtCreate":1666180185419,"gmtModify":1676537718838,"author":{"id":"3573627624297281","authorId":"3573627624297281","name":"Sulochana","avatar":"https://community-static.tradeup.com/news/0e526cde0947279eeaf6d2864a19287f","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3573627624297281","idStr":"3573627624297281"},"themes":[],"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9983180097","repostId":"2276114463","repostType":2,"isVote":1,"tweetType":1,"viewCount":1899,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9914920671,"gmtCreate":1665161728593,"gmtModify":1676537566692,"author":{"id":"3573627624297281","authorId":"3573627624297281","name":"Sulochana","avatar":"https://community-static.tradeup.com/news/0e526cde0947279eeaf6d2864a19287f","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3573627624297281","idStr":"3573627624297281"},"themes":[],"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9914920671","repostId":"2273380432","repostType":2,"isVote":1,"tweetType":1,"viewCount":1605,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"lives":[]}