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2022-04-22

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Retail sales, Consumer Price Index: What to know this week

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Here's Why Johnson & Johnson's Vaccine Could Overtake Both Pfizer and Moderna

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Come and find the eggs in our Easter game to open the surprise! Each game contains 3 rounds, the more eggs you catch, the higher the points you can get. Game points can be redeemed for various rewards, including different value stock vouchers worth up to USD 1,000 are waiting for you! Moreover, catching special eggs can get extra points and chances to crack open for some wonderful Easter treats.There are too many hidden surprises to find, oops, the game attempts run out too fast. Don't worry, complete different tasks to earn more game attempts. Also, invite your frien","listText":"Tiger has prepared some Easter gifts for you, please&nbsp;<a href=\"https://www.tigerbrokers.com.sg/activity/market/2022/easter/\" target=\"_blank\">click&nbsp;here</a>&nbsp;to check them out!Easter can still be a bonus-boosting. Come and find the eggs in our Easter game to open the surprise! Each game contains 3 rounds, the more eggs you catch, the higher the points you can get. 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Each are likely to have mod","content":"<p>Traders this week will be focused on new data on inflation and spending. Each are likely to have moderated last month after initial reopening surges in demand and price increases earlier this year.</p>\n<p>On the inflation front, the Labor Department's August Consumer Price Index (CPI) is set for release on Tuesday. The print is expected to decelerate on both a monthly and annual basis, suggesting the peak growth rates in prices for consumer goods and service may already have passed during this economic recovery.</p>\n<p>Consensus economists expect the broadest measure of CPI will grow 0.4% in August compared to July, and by 5.3% compared to August 2020. In July, the headline CPI grew 0.5% month-on-month and by 5.4% year-on-year, with the latter representing the fastest annual growth rate since 2008.</p>\n<p>Excluding more volatile food and energy prices, the CPI likely grew 0.3% month-on-month in August to match July's pace. However, on a year-over-year basis, the CPI excluding food and energy prices likely ticked down to a 4.2% rate, or a hair below July's 4.3% rate. That had, in turn, moderated from a 4.5% annual rate in June, which had marked the fastest rise since 1991.</p>\n<p>The multi-year highs in consumer price increases so far this year have coincided with the broadening economic recovery, as more Americans became vaccinated and were more inclined to spend. This especially drove up prices in goods and services closely tied to renewed consumer mobility.</p>\n<p>Used car and truck prices, for instances, rose at least 7.3% in each of April, May and June before decelerating sharply to an only 0.2% rise in July — suggesting an initial wave of demand was finally being unwound as consumers reacclimatized to going back out and companies' supply chains began to catch up with demand. Similar trends have been seen in prices for airline tickets, motor vehicle insurance and apparel prices, which pulled back in July after spiking earlier in late spring and early summer.</p>\n<p>Other categories of consumer prices have seen more sustained increases, especially in food and energy prices. Other services-related areas of consumption have also seen sustained rises, with consumers returning to in-person activities like dining out at bars and restaurants and leisure traveling. The CPI's \"services less energy services\" category has on a monthly basis in every month so far in 2021 except January, mostly recently at a 0.3% clip.</p>\n<p><img src=\"https://static.tigerbbs.com/b3ba3dcdb70c21ee0f288bf7cd56e371\" tg-width=\"4949\" tg-height=\"3345\" referrerpolicy=\"no-referrer\">Muhlenberg, PA - March 18: Redner's Quick Shoppe employee Julie Zezenski and Manager Pete Ostrowski work behind the counter at the Redner's Quick Shoppe on Tuckerton Road in Muhlenberg township Thursday afternoon March 18, 2021. (Photo by Ben Hasty/MediaNews Group/Reading Eagle via Getty Images)MediaNews Group/Reading Eagle via Getty Images via Getty Images</p>\n<p>\"Although the rise in global CPI inflation earlier this year was concentrated in energy and a narrow set of goods prices linked to supply constraints, the acceleration in food prices, alongside a recent pickup in services price inflation, sends a signal that pandemic-related pressures on prices are broadening,\" JPMorgan economists Nora Szentivanyi and Bruce Kasman wrote in a note last week.</p>\n<p>\"While we believe much of this pressure will prove transitory, inflation should remain elevated through early next year, as rising food and services price inflation offsets a moderation in energy and core goods price gains,\" they added.</p>\n<p>The CPI also serves as another metric pointing to the relative stickiness or transience of inflationary pressures in the recovering economy. Its outsized increases earlier this year — along with increases in the Federal Reserve's preferred inflationary gauge, core personal consumption expenditures — have suggested to some economists that the central bank might be prudent to alter its monetary policies to stave off a sustained overheating of the economy.</p>\n<p>Federal Reserve policymakers, however, have largely stuck to the conviction that inflation will prove transitory in this economy. Central bank officials like Fed Chair Jerome Powell further suggested that a premature policy move could actually backfire by cutting short the recovery in the labor market.</p>\n<p>\"The spike in inflation is so far largely the product of a relatively narrow group of goods and services that have been directly affected by the pandemic and the reopening of the economy,\" Powell said during his speech at the central bank's Jackson Hole symposium in late August.</p>\n<p>\"Some prices — for example, for hotel rooms and airplane tickets — declined sharply during the recession and have now moved back up close to pre-pandemic levels,\" he said. \"The 12-month window we use in computing inflation now captures the rebound in prices but not the initial decline, temporarily elevating reported inflation. These effects, which are adding a few tenths to measured inflation, should wash out over time.\"</p>\n<h2>Retail sales</h2>\n<p>Another closely watched economic data report out this week will be Thursday's retail sales print from the U.S. Commerce Department.</p>\n<p>Consumer spending has retreated in recent months as a boost from stimulus checks and other government support faded compared to earlier this year. In July, retail sales fell by a worse-than-expected 1.1%, which was more than three times greater than the drop expected.</p>\n<p>The August retail sales report will capture more of the impact on spending from the latest jump in coronavirus cases, with infections related to the Delta variant's spread having picked up mid-summer. Consensus economists expect to see sales fall for a back-to-back month, dropping by 0.8% for the month.</p>\n<p>Some service-related spending already slowed in July, suggesting consumers were already going out somewhat less frequently as infections mounted. Food services and drinking places sales increase by 1.7% in July, following a 2.4% monthly gain in June.</p>\n<p>The August retail sales report, however, will not capture any impact on spending related to the national expiration of enhanced unemployment benefits. Throughout the summer, about half of U.S. states had ended pandemic-era federal jobless benefits to try and incentivize unemployed individuals to return to work. The other half of states ended these benefits by Sept. 6.</p>\n<p>Future retail sales reports for September and onward may reflect slowing sales as a result of the expiration of this aid, some economists suggested.</p>\n<p>\"Spending by the unemployed, especially low-income households, has been supported by enhanced unemployment benefits,\" Rubeela Farooqi, chief economist at High Frequency Economics, wrote in a note. \"Absent this support, spending outcomes will surely be different, especially if households are less secure about job prospects going forward.\"</p>\n<h2>Economic calendar</h2>\n<ul>\n <li><p><b>Monday: </b>Monthly budget statement, August (-$302.1 billion during prior month)</p></li>\n <li><p><b>Tuesday: </b>NFIB Small Business Optimism, August (99.7 during prior month); Real Average Weekly Earnings, year-over-year, August (-0.9% during prior month); Consumer Price Index, month-over-month, August (0.4% expected, 0.5% in July); Consumer Price Index excluding food and energy, month-over-month, August (0.3% expected, 0.3% in July); Consumer Price Index, year-over-year, August (5.3% expected, 5.4% in July); Consumer Price Index excluding food and energy, year-over-year (August (4.2% expected, 4.3% in August)</p></li>\n <li><p><b>Wednesday: </b>MBA Mortgage Applications, week ended September 10 (-1.9% during prior week); Empire Manufacturing, September (20.0 expected, 18.3 during prior month); Import Price Index, month-over-month, August (0.3% expected, 0.3% in July); Industrial Production, month-over-month, August (0.6% expected, 0.9% in July); Capacity Utilization, August (76.4% in August, 76.1% in July); Manufacturing Production, August (0.4% expected, 1.4% in July)</p></li>\n <li><p><b>Thursday: </b>Retail Sales Advance, month-over-month, August (-0.8% expected, -1.1% in July); Retail Sales excluding autos and gas, August (-0.5% expected, -0.7% in July); Initial jobless claims, week ended September 11; Continuing Claims, week ended September 4; Philadelphia Fed Business Outlook Index, September (20.0 expected, 19.4 in August); Business inventories, July (0.5% expected, 0.8% in June); Total Net TIC Flows, July ($31.5 billion in June); Total Long-term TIC Flows, July ($110.9 billion in June)</p></li>\n <li><p><b>Friday: </b>University of Michigan Sentiment, September preliminary (72.7 expected, 70.3 in August)</p></li>\n</ul>\n<h2>Earnings calendar</h2>\n<ul>\n <li><p><b>Monday: </b>Oracle (ORCL) after market close</p></li>\n <li><p><b>Tuesday:</b> Lennar (LEN), FuelCell Energy (FCEL) before market open <b>&nbsp;</b></p></li>\n <li><p><b>Wednesday: </b>Weber (WEBR) before market open</p></li>\n <li><p><b>Thursday: </b><i>No notable reports scheduled for release</i></p></li>\n <li><p><b>Friday: </b><i>No notable reports scheduled for release</i></p></li>\n</ul>","source":"yahoofinance_au","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>Retail sales, Consumer Price Index: What to know this 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; 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}\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\">\nRetail sales, Consumer Price Index: What to know this week\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-09-13 07:06 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/retail-sales-consumer-price-index-what-to-know-this-week-145855567.html><strong>Yahoo Finance</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Traders this week will be focused on new data on inflation and spending. Each are likely to have moderated last month after initial reopening surges in demand and price increases earlier this year.\nOn...</p>\n\n<a href=\"https://finance.yahoo.com/news/retail-sales-consumer-price-index-what-to-know-this-week-145855567.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"LEN":"莱纳建筑公司","WEBR":"Weber Inc.","FCEL":"燃料电池能源","ORCL":"甲骨文"},"source_url":"https://finance.yahoo.com/news/retail-sales-consumer-price-index-what-to-know-this-week-145855567.html","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2166303094","content_text":"Traders this week will be focused on new data on inflation and spending. Each are likely to have moderated last month after initial reopening surges in demand and price increases earlier this year.\nOn the inflation front, the Labor Department's August Consumer Price Index (CPI) is set for release on Tuesday. The print is expected to decelerate on both a monthly and annual basis, suggesting the peak growth rates in prices for consumer goods and service may already have passed during this economic recovery.\nConsensus economists expect the broadest measure of CPI will grow 0.4% in August compared to July, and by 5.3% compared to August 2020. In July, the headline CPI grew 0.5% month-on-month and by 5.4% year-on-year, with the latter representing the fastest annual growth rate since 2008.\nExcluding more volatile food and energy prices, the CPI likely grew 0.3% month-on-month in August to match July's pace. However, on a year-over-year basis, the CPI excluding food and energy prices likely ticked down to a 4.2% rate, or a hair below July's 4.3% rate. That had, in turn, moderated from a 4.5% annual rate in June, which had marked the fastest rise since 1991.\nThe multi-year highs in consumer price increases so far this year have coincided with the broadening economic recovery, as more Americans became vaccinated and were more inclined to spend. This especially drove up prices in goods and services closely tied to renewed consumer mobility.\nUsed car and truck prices, for instances, rose at least 7.3% in each of April, May and June before decelerating sharply to an only 0.2% rise in July — suggesting an initial wave of demand was finally being unwound as consumers reacclimatized to going back out and companies' supply chains began to catch up with demand. Similar trends have been seen in prices for airline tickets, motor vehicle insurance and apparel prices, which pulled back in July after spiking earlier in late spring and early summer.\nOther categories of consumer prices have seen more sustained increases, especially in food and energy prices. Other services-related areas of consumption have also seen sustained rises, with consumers returning to in-person activities like dining out at bars and restaurants and leisure traveling. The CPI's \"services less energy services\" category has on a monthly basis in every month so far in 2021 except January, mostly recently at a 0.3% clip.\nMuhlenberg, PA - March 18: Redner's Quick Shoppe employee Julie Zezenski and Manager Pete Ostrowski work behind the counter at the Redner's Quick Shoppe on Tuckerton Road in Muhlenberg township Thursday afternoon March 18, 2021. (Photo by Ben Hasty/MediaNews Group/Reading Eagle via Getty Images)MediaNews Group/Reading Eagle via Getty Images via Getty Images\n\"Although the rise in global CPI inflation earlier this year was concentrated in energy and a narrow set of goods prices linked to supply constraints, the acceleration in food prices, alongside a recent pickup in services price inflation, sends a signal that pandemic-related pressures on prices are broadening,\" JPMorgan economists Nora Szentivanyi and Bruce Kasman wrote in a note last week.\n\"While we believe much of this pressure will prove transitory, inflation should remain elevated through early next year, as rising food and services price inflation offsets a moderation in energy and core goods price gains,\" they added.\nThe CPI also serves as another metric pointing to the relative stickiness or transience of inflationary pressures in the recovering economy. Its outsized increases earlier this year — along with increases in the Federal Reserve's preferred inflationary gauge, core personal consumption expenditures — have suggested to some economists that the central bank might be prudent to alter its monetary policies to stave off a sustained overheating of the economy.\nFederal Reserve policymakers, however, have largely stuck to the conviction that inflation will prove transitory in this economy. Central bank officials like Fed Chair Jerome Powell further suggested that a premature policy move could actually backfire by cutting short the recovery in the labor market.\n\"The spike in inflation is so far largely the product of a relatively narrow group of goods and services that have been directly affected by the pandemic and the reopening of the economy,\" Powell said during his speech at the central bank's Jackson Hole symposium in late August.\n\"Some prices — for example, for hotel rooms and airplane tickets — declined sharply during the recession and have now moved back up close to pre-pandemic levels,\" he said. \"The 12-month window we use in computing inflation now captures the rebound in prices but not the initial decline, temporarily elevating reported inflation. These effects, which are adding a few tenths to measured inflation, should wash out over time.\"\nRetail sales\nAnother closely watched economic data report out this week will be Thursday's retail sales print from the U.S. Commerce Department.\nConsumer spending has retreated in recent months as a boost from stimulus checks and other government support faded compared to earlier this year. In July, retail sales fell by a worse-than-expected 1.1%, which was more than three times greater than the drop expected.\nThe August retail sales report will capture more of the impact on spending from the latest jump in coronavirus cases, with infections related to the Delta variant's spread having picked up mid-summer. Consensus economists expect to see sales fall for a back-to-back month, dropping by 0.8% for the month.\nSome service-related spending already slowed in July, suggesting consumers were already going out somewhat less frequently as infections mounted. Food services and drinking places sales increase by 1.7% in July, following a 2.4% monthly gain in June.\nThe August retail sales report, however, will not capture any impact on spending related to the national expiration of enhanced unemployment benefits. Throughout the summer, about half of U.S. states had ended pandemic-era federal jobless benefits to try and incentivize unemployed individuals to return to work. The other half of states ended these benefits by Sept. 6.\nFuture retail sales reports for September and onward may reflect slowing sales as a result of the expiration of this aid, some economists suggested.\n\"Spending by the unemployed, especially low-income households, has been supported by enhanced unemployment benefits,\" Rubeela Farooqi, chief economist at High Frequency Economics, wrote in a note. \"Absent this support, spending outcomes will surely be different, especially if households are less secure about job prospects going forward.\"\nEconomic calendar\n\nMonday: Monthly budget statement, August (-$302.1 billion during prior month)\nTuesday: NFIB Small Business Optimism, August (99.7 during prior month); Real Average Weekly Earnings, year-over-year, August (-0.9% during prior month); Consumer Price Index, month-over-month, August (0.4% expected, 0.5% in July); Consumer Price Index excluding food and energy, month-over-month, August (0.3% expected, 0.3% in July); Consumer Price Index, year-over-year, August (5.3% expected, 5.4% in July); Consumer Price Index excluding food and energy, year-over-year (August (4.2% expected, 4.3% in August)\nWednesday: MBA Mortgage Applications, week ended September 10 (-1.9% during prior week); Empire Manufacturing, September (20.0 expected, 18.3 during prior month); Import Price Index, month-over-month, August (0.3% expected, 0.3% in July); Industrial Production, month-over-month, August (0.6% expected, 0.9% in July); Capacity Utilization, August (76.4% in August, 76.1% in July); Manufacturing Production, August (0.4% expected, 1.4% in July)\nThursday: Retail Sales Advance, month-over-month, August (-0.8% expected, -1.1% in July); Retail Sales excluding autos and gas, August (-0.5% expected, -0.7% in July); Initial jobless claims, week ended September 11; Continuing Claims, week ended September 4; Philadelphia Fed Business Outlook Index, September (20.0 expected, 19.4 in August); Business inventories, July (0.5% expected, 0.8% in June); Total Net TIC Flows, July ($31.5 billion in June); Total Long-term TIC Flows, July ($110.9 billion in June)\nFriday: University of Michigan Sentiment, September preliminary (72.7 expected, 70.3 in August)\n\nEarnings calendar\n\nMonday: Oracle (ORCL) after market close\nTuesday: Lennar (LEN), FuelCell Energy (FCEL) before market open  \nWednesday: Weber (WEBR) before market open\nThursday: No notable reports scheduled for release\nFriday: No notable reports scheduled for release","news_type":1,"symbols_score_info":{"FCEL":0.9,"LEN":0.9,"ORCL":0.9,"WEBR":0.9}},"isVote":1,"tweetType":1,"viewCount":2192,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":883736037,"gmtCreate":1631271861329,"gmtModify":1676530514891,"author":{"id":"3575954804845795","authorId":"3575954804845795","name":"carjang","avatar":"https://static.tigerbbs.com/732d4ecea777f9244e2d24307b0c180f","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3575954804845795","authorIdStr":"3575954804845795"},"themes":[],"htmlText":"Like and comment please&nbsp;","listText":"Like and comment please&nbsp;","text":"Like and comment please","images":[{"img":"https://static.tigerbbs.com/827993e2f59619c3f95be29ca77ac368","width":"1125","height":"3621"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/883736037","isVote":1,"tweetType":1,"viewCount":1689,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":883003609,"gmtCreate":1631184998401,"gmtModify":1676530490161,"author":{"id":"3575954804845795","authorId":"3575954804845795","name":"carjang","avatar":"https://static.tigerbbs.com/732d4ecea777f9244e2d24307b0c180f","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3575954804845795","authorIdStr":"3575954804845795"},"themes":[],"htmlText":"Like and comment please&nbsp;","listText":"Like and comment please&nbsp;","text":"Like and comment please","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/883003609","repostId":"2166122043","repostType":4,"repost":{"id":"2166122043","kind":"highlight","pubTimestamp":1631181240,"share":"https://ttm.financial/m/news/2166122043?lang=&edition=full_marsco","pubTime":"2021-09-09 17:54","market":"us","language":"en","title":"3 Dividend Stocks Begging to Be Bought in September","url":"https://stock-news.laohu8.com/highlight/detail?id=2166122043","media":"Motley Fool","summary":"These income stocks, with yields ranging from 2.2% to 11.7%, should help pad investors' pocketbooks.","content":"<blockquote>\n <b>These income stocks, with yields ranging from 2.2% to 11.7%, should help pad investors' pocketbooks.</b>\n</blockquote>\n<p><b>Key Points</b></p>\n<ul>\n <li>Dividend stocks have vastly outperformed non-dividend-paying stocks over the long run.</li>\n <li>This trio of dividend stocks offers the perfect combination of growth, value, and income potential.</li>\n</ul>\n<p>Since the Great Recession ended 12 years ago, growth stocks have proved unstoppable. That's because a dovish central bank and historically low lending rates have allowed fast-paced companies access to abundant cheap capital that they've used to hire, expand, and innovate.</p>\n<p>But when examined over the very long term, dividend stocks are clear-cut outperformers. According to a report from <b>J.P. Morgan</b>&nbsp;Asset Management in 2013, companies that initiated and grew their payouts over a 40-year stretch (1972-2012) delivered an annualized total return, including dividends, of 9.5%. By comparison, stocks that didn't pay a dividend offered an annualized total return of just 1.6% over the same period.</p>\n<p>More often than not, dividend stocks are the secret sauce to a successful investment portfolio. As we steam ahead in September, the following three dividend stocks stand out in all the right ways and are begging to be bought.</p>\n<p><img src=\"https://static.tigerbbs.com/5fdae264baaa807bb2f8c5c4e8a4aa85\" tg-width=\"700\" tg-height=\"512\" referrerpolicy=\"no-referrer\"></p>\n<p>Image source: Getty Images.</p>\n<h3>AT&amp;T: 7.6% yield</h3>\n<p>First up is a company that most investors are likely familiar with, telecom behemoth <b>AT&amp;T </b>(NYSE:T).</p>\n<p>AT&amp;T hasn't been a Wall Street favorite over the past four months and has practically run in place over the past decade -- if we strictly look at its share-price performance. There have been concerns about the company's growing debt levels, and investors weren't thrilled about its plans to spin off WarnerMedia and combine it with <b>Discovery</b> (NASDAQ:DISCA)(NASDAQ:DISCK)&nbsp;to create a new media entity (WarnerMedia-Discovery). When this combination is complete, we'll see AT&amp;T's 7.6% yield drop down to about the 4.5% range.</p>\n<p>While income seekers probably aren't happy about this coming decline in yield, there are a number of reasons to be excited about AT&amp;T's future now that it's put the wheels in motion on its media spinoff.</p>\n<p>For starters, existing shareholders are going to get a stake in a media entity that'll be focused on streaming content. This should help AT&amp;T differentiate itself from other streaming giants, such as <b>Netflix</b>&nbsp;and <b>Walt Disney</b>, thanks to its sports exposure and original content. In other words, investors are going to get added transparency from AT&amp;T's fastest-growing segment.</p>\n<p>Discovery President David Zaslav, who'll lead WarnerMedia-Discovery, is aiming for 400 million global subscribers, which would nearly quintuple the 85.5 million combined subscribers today for HBO and HBO Max (67.5 million) and Discovery (18 million).&nbsp; At the same time, spinning off WarnerMedia will free up AT&amp;T to focus on its wireless segment and pay down some of its cumbersome debt.</p>\n<p>This is an exciting time for wireless companies, as it marks the first time in a decade that wireless download speeds are being substantially improved. The rollout of 5G networks should create a sustainable multiyear technology-upgrade cycle that leads to increased data consumption. And data is what drives AT&amp;T's wireless margins.</p>\n<p>The bottom line is this 7.6% yield is here to stay until the spinoff occurs in mid-2022. After that, investors will still have a market-topping yield in AT&amp;T, as well as access to faster-growing media assets via the WarnerMedia-Discovery deal.</p>\n<p><img src=\"https://static.tigerbbs.com/18cff7baa604e00100b902cc93bc0207\" tg-width=\"700\" tg-height=\"466\" referrerpolicy=\"no-referrer\"></p>\n<p>Image source: Getty Images.</p>\n<h3>Innovative Industrial Properties: 2.2% yield</h3>\n<p>Dividend stocks don't need off-the-chart yields to be productive for investors. Despite its rather tame 2.2% yield, cannabis-focused real estate investment trust (REIT) <b>Innovative Industrial Properties</b> (NYSE:IIPR) remains as exciting an investment as ever.</p>\n<p>Innovative Industrial Properties, or IIP for short, has a pretty simple operating model. It aims to acquire medical marijuana cultivating and processing facilities that it then leases out for long periods of time. While most of the company's growth will come from acquisitions, it does pass along inflationary rental increases each year, as well as collects a property-management fee that's based on the annual rental rate. Long story short, there's a modest organic growth component that can provide a little extra kick.</p>\n<p>As of mid-August, IIP had 74 properties in its portfolio spanning 18 states and covering 6.9 million square feet of rentable space. The kicker is that 100% of this rentable space was completely leased, with a weighted-average lease length of 16.6 years. The implication is that IIP should enjoy highly predictable cash flow for more than a decade to come.</p>\n<p>Another important catalyst to the Innovative Industrial Properties growth story is the continued failure of cannabis banking reform at the federal level. Even though most Americans favor a nationwide legalization of pot, its Schedule I status at the federal level means most banks and credit unions won't offer marijuana stocks basic financial services. As long as this remains the case, IIP can step in with its sale-leaseback program.</p>\n<p>Under the sale-leaseback program, IIP acquires properties from multistate operators (MSOs) for cash. It then leases the property back to the seller. This agreement allows MSOs to bulk up their balance sheet with cash, while netting IIP a number of established long-term tenants.</p>\n<p>Since doling out its first quarterly dividend four years ago, Innovative Industrial Properties has grown its payout by 833%, all while its share price is up more than 1,600%. Though a repeat performance is highly unlikely over the coming four years, a juicier payout and higher share price is a distinct possibility.</p>\n<p><img src=\"https://static.tigerbbs.com/92a2d8e7afac107790ed99b1c18bf78e\" tg-width=\"700\" tg-height=\"466\" referrerpolicy=\"no-referrer\"></p>\n<p>Image source: Getty Images.</p>\n<h3>Invesco Mortgage Capital: 11.7% yield</h3>\n<p>If ultra-high-yield dividend stocks are your thing, mortgage REIT <b>Invesco Mortgage Capital</b> (NYSE:IVR) and its 11.7% yield are begging to be bought.</p>\n<p>Mortgage REITs are companies that borrow money at short-term lending rates and use that capital to acquire assets (mortgage-backed securities) with a higher long-term yield. The goal here is to maximize the difference between the average yield on assets held minus the average borrowing cost. This difference is known as net interest margin.</p>\n<p>Last year, when the pandemic struck, Invesco found itself in a world of trouble because its portfolio was packed with commercial mortgage-backed securities and credit-risk transfer assets that were non-agency. A non-agency security isn't backed by the federal government in the event of default.</p>\n<p>However, management has wised up over the past year and change and is now almost exclusively focusing on agency securities. Though the yields on agency assets are lower than non-agency securities, the protection from default is invaluable and provides Invesco Mortgage with the opportunity to utilize leverage to pump up its profit potential.</p>\n<p>Something else to notice about mortgage REITs is that they perform particularly well during the first few years of an economic recovery. Typically, economic bouncebacks feature a steepening yield curve (i.e., long-term yields rising at a much faster pace than short-term yields), which has a tendency to widen the net interest margin for mortgage REITs. This is often a formula for valuation expansion for mortgage REITs like Invesco.</p>\n<p>Lastly, Invesco can be gobbled up for 5% below its book value of $3.26 a share, as of this past weekend. Although the book value for mortgage REITs can fluctuate, the expectation is we'll see higher book values over the coming years as net interest margin widens. In short, this discount is investors' cue to pounce on this ultra-high-yield small-cap stock.</p>","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>3 Dividend Stocks Begging to Be Bought in September</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\">\n3 Dividend Stocks Begging to Be Bought in September\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-09-09 17:54 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.fool.com/investing/2021/09/09/3-dividend-stocks-begging-to-be-bought-september/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>These income stocks, with yields ranging from 2.2% to 11.7%, should help pad investors' pocketbooks.\n\nKey Points\n\nDividend stocks have vastly outperformed non-dividend-paying stocks over the long run....</p>\n\n<a href=\"https://www.fool.com/investing/2021/09/09/3-dividend-stocks-begging-to-be-bought-september/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"T":"At&T","IVR":"景顺抵押资本","IIPR":"Innovative Industrial Properties Inc"},"source_url":"https://www.fool.com/investing/2021/09/09/3-dividend-stocks-begging-to-be-bought-september/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2166122043","content_text":"These income stocks, with yields ranging from 2.2% to 11.7%, should help pad investors' pocketbooks.\n\nKey Points\n\nDividend stocks have vastly outperformed non-dividend-paying stocks over the long run.\nThis trio of dividend stocks offers the perfect combination of growth, value, and income potential.\n\nSince the Great Recession ended 12 years ago, growth stocks have proved unstoppable. That's because a dovish central bank and historically low lending rates have allowed fast-paced companies access to abundant cheap capital that they've used to hire, expand, and innovate.\nBut when examined over the very long term, dividend stocks are clear-cut outperformers. According to a report from J.P. Morgan Asset Management in 2013, companies that initiated and grew their payouts over a 40-year stretch (1972-2012) delivered an annualized total return, including dividends, of 9.5%. By comparison, stocks that didn't pay a dividend offered an annualized total return of just 1.6% over the same period.\nMore often than not, dividend stocks are the secret sauce to a successful investment portfolio. As we steam ahead in September, the following three dividend stocks stand out in all the right ways and are begging to be bought.\n\nImage source: Getty Images.\nAT&T: 7.6% yield\nFirst up is a company that most investors are likely familiar with, telecom behemoth AT&T (NYSE:T).\nAT&T hasn't been a Wall Street favorite over the past four months and has practically run in place over the past decade -- if we strictly look at its share-price performance. There have been concerns about the company's growing debt levels, and investors weren't thrilled about its plans to spin off WarnerMedia and combine it with Discovery (NASDAQ:DISCA)(NASDAQ:DISCK) to create a new media entity (WarnerMedia-Discovery). When this combination is complete, we'll see AT&T's 7.6% yield drop down to about the 4.5% range.\nWhile income seekers probably aren't happy about this coming decline in yield, there are a number of reasons to be excited about AT&T's future now that it's put the wheels in motion on its media spinoff.\nFor starters, existing shareholders are going to get a stake in a media entity that'll be focused on streaming content. This should help AT&T differentiate itself from other streaming giants, such as Netflix and Walt Disney, thanks to its sports exposure and original content. In other words, investors are going to get added transparency from AT&T's fastest-growing segment.\nDiscovery President David Zaslav, who'll lead WarnerMedia-Discovery, is aiming for 400 million global subscribers, which would nearly quintuple the 85.5 million combined subscribers today for HBO and HBO Max (67.5 million) and Discovery (18 million).  At the same time, spinning off WarnerMedia will free up AT&T to focus on its wireless segment and pay down some of its cumbersome debt.\nThis is an exciting time for wireless companies, as it marks the first time in a decade that wireless download speeds are being substantially improved. The rollout of 5G networks should create a sustainable multiyear technology-upgrade cycle that leads to increased data consumption. And data is what drives AT&T's wireless margins.\nThe bottom line is this 7.6% yield is here to stay until the spinoff occurs in mid-2022. After that, investors will still have a market-topping yield in AT&T, as well as access to faster-growing media assets via the WarnerMedia-Discovery deal.\n\nImage source: Getty Images.\nInnovative Industrial Properties: 2.2% yield\nDividend stocks don't need off-the-chart yields to be productive for investors. Despite its rather tame 2.2% yield, cannabis-focused real estate investment trust (REIT) Innovative Industrial Properties (NYSE:IIPR) remains as exciting an investment as ever.\nInnovative Industrial Properties, or IIP for short, has a pretty simple operating model. It aims to acquire medical marijuana cultivating and processing facilities that it then leases out for long periods of time. While most of the company's growth will come from acquisitions, it does pass along inflationary rental increases each year, as well as collects a property-management fee that's based on the annual rental rate. Long story short, there's a modest organic growth component that can provide a little extra kick.\nAs of mid-August, IIP had 74 properties in its portfolio spanning 18 states and covering 6.9 million square feet of rentable space. The kicker is that 100% of this rentable space was completely leased, with a weighted-average lease length of 16.6 years. The implication is that IIP should enjoy highly predictable cash flow for more than a decade to come.\nAnother important catalyst to the Innovative Industrial Properties growth story is the continued failure of cannabis banking reform at the federal level. Even though most Americans favor a nationwide legalization of pot, its Schedule I status at the federal level means most banks and credit unions won't offer marijuana stocks basic financial services. As long as this remains the case, IIP can step in with its sale-leaseback program.\nUnder the sale-leaseback program, IIP acquires properties from multistate operators (MSOs) for cash. It then leases the property back to the seller. This agreement allows MSOs to bulk up their balance sheet with cash, while netting IIP a number of established long-term tenants.\nSince doling out its first quarterly dividend four years ago, Innovative Industrial Properties has grown its payout by 833%, all while its share price is up more than 1,600%. Though a repeat performance is highly unlikely over the coming four years, a juicier payout and higher share price is a distinct possibility.\n\nImage source: Getty Images.\nInvesco Mortgage Capital: 11.7% yield\nIf ultra-high-yield dividend stocks are your thing, mortgage REIT Invesco Mortgage Capital (NYSE:IVR) and its 11.7% yield are begging to be bought.\nMortgage REITs are companies that borrow money at short-term lending rates and use that capital to acquire assets (mortgage-backed securities) with a higher long-term yield. The goal here is to maximize the difference between the average yield on assets held minus the average borrowing cost. This difference is known as net interest margin.\nLast year, when the pandemic struck, Invesco found itself in a world of trouble because its portfolio was packed with commercial mortgage-backed securities and credit-risk transfer assets that were non-agency. A non-agency security isn't backed by the federal government in the event of default.\nHowever, management has wised up over the past year and change and is now almost exclusively focusing on agency securities. Though the yields on agency assets are lower than non-agency securities, the protection from default is invaluable and provides Invesco Mortgage with the opportunity to utilize leverage to pump up its profit potential.\nSomething else to notice about mortgage REITs is that they perform particularly well during the first few years of an economic recovery. Typically, economic bouncebacks feature a steepening yield curve (i.e., long-term yields rising at a much faster pace than short-term yields), which has a tendency to widen the net interest margin for mortgage REITs. This is often a formula for valuation expansion for mortgage REITs like Invesco.\nLastly, Invesco can be gobbled up for 5% below its book value of $3.26 a share, as of this past weekend. Although the book value for mortgage REITs can fluctuate, the expectation is we'll see higher book values over the coming years as net interest margin widens. In short, this discount is investors' cue to pounce on this ultra-high-yield small-cap stock.","news_type":1,"symbols_score_info":{"IIPR":0.9,"IVR":0.9,"T":0.9}},"isVote":1,"tweetType":1,"viewCount":1643,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":883003097,"gmtCreate":1631184954719,"gmtModify":1676530490160,"author":{"id":"3575954804845795","authorId":"3575954804845795","name":"carjang","avatar":"https://static.tigerbbs.com/732d4ecea777f9244e2d24307b0c180f","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3575954804845795","authorIdStr":"3575954804845795"},"themes":[],"htmlText":"Like and comment please","listText":"Like and comment please","text":"Like and comment 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please","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":11,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/832856078","repostId":"1133515985","repostType":4,"isVote":1,"tweetType":1,"viewCount":628,"authorTweetTopStatus":1,"verified":2,"comments":[{"author":{"id":"4089284882528110","authorId":"4089284882528110","name":"Blurrrrry","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":1,"crmLevelSwitch":0,"idStr":"4089284882528110","authorIdStr":"4089284882528110"},"content":"Please Comment And like back","text":"Please Comment And like back","html":"Please Comment And like back"}],"imageCount":0,"langContent":"EN","totalScore":0},{"id":838076279,"gmtCreate":1629361846091,"gmtModify":1676530015327,"author":{"id":"3575954804845795","authorId":"3575954804845795","name":"carjang","avatar":"https://static.tigerbbs.com/732d4ecea777f9244e2d24307b0c180f","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3575954804845795","authorIdStr":"3575954804845795"},"themes":[],"htmlText":"Like and comment please&nbsp;","listText":"Like and comment please&nbsp;","text":"Like and comment please","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/838076279","repostId":"2160322137","repostType":4,"repost":{"id":"2160322137","kind":"highlight","pubTimestamp":1629361286,"share":"https://ttm.financial/m/news/2160322137?lang=&edition=full_marsco","pubTime":"2021-08-19 16:21","market":"us","language":"en","title":"Here's Why Johnson & Johnson's Vaccine Could Overtake Both Pfizer and Moderna","url":"https://stock-news.laohu8.com/highlight/detail?id=2160322137","media":"Motley Fool","summary":"A new South African study shows the one-dose vaccine is highly effective against the delta variant.","content":"<p><a href=\"https://laohu8.com/S/JNJ\">Johnson &amp; Johnson</a> 's (NYSE:JNJ) COVID-19 vaccine has had some challenges this year. From production issues to some disquieting reports of blood clots possibly being linked to the vaccine, it hasn't been the success the company was likely hoping it would be at this stage.&nbsp;Vaccines from <a href=\"https://laohu8.com/S/PFE\">Pfizer</a> (NYSE:PFE) and <a href=\"https://laohu8.com/S/MRNA\">Moderna, Inc.</a> (NASDAQ:MRNA) have generated far more revenue for those companies and appear to be the vaccines of choice for many people.</p>\n<p>However, the delta variant may change that, as both Moderna and Pfizer are suggesting booster shots are necessary. And the Food and Drug Administration (FDA) recently authorized a third dose for people with weakened immune systems. Meanwhile, a new study has found the Johnson &amp; Johnson vaccine to be highly effective against the delta variant, so booster shots may not be necessary for individuals who receive that vaccine. While a lack of boosters won't translate to more revenue from the vaccine, it's a development that could ultimately lead to Johnson &amp; Johnson's vaccine rising in popularity and grabbing more market share.</p>\n<p><img src=\"https://g.foolcdn.com/image/?url=https%3A%2F%2Fg.foolcdn.com%2Feditorial%2Fimages%2F639287%2Fa-person-receiving-a-vaccine-from-a-nurse.jpg&amp;w=700&amp;op=resize\" tg-width=\"700\" tg-height=\"466\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"></p>\n<p>Image source: Getty Images.</p>\n<h2>The underdog vaccine?</h2>\n<p>Johnson &amp; Johnson expects to make $2.5 billion in revenue from its COVID-19 vaccine in 2021. That's a drop in the bucket for the mammoth business, which generated more than $80 billion in revenue in 2020.</p>\n<p>Moderna's vaccine sales could reach $20 billion by the end of this year. And that's still well behind Pfizer, which estimates its vaccine sales will hit $33.5 billion this year as it leads the way, producing up to 3 billion doses in 2021. Moderna doesn't anticipate it will be able to produce that many doses annually until next year. In 2021, its production could reach 1 billion doses.</p>\n<p>Johnson &amp; Johnson only expects to produce up to 600 million doses of its single-shot vaccine this year, down from its earlier target of 1 billion. Its struggles stem in large part from difficulties at a plant in Baltimore run by <b>Emergent BioSolutions</b>, where concerns relating to cross-contamination led to a shutdown of its factory in March. The FDA only recently gave the plant the green light to reopen.</p>\n<p>It also didn't help that some people felt, correctly or not, that J&amp;J's vaccine wasn't as effective as the other ones granted Emergency Use Authorization by the FDA.</p>\n<h2>J&amp;J's efficacy numbers don't tell the whole story</h2>\n<p>One of the challenges that Johnson &amp; Johnson's vaccine has faced is that from the start, it didn't look like it stacked up well against the shots from Moderna and Pfizer. In January, the company reported that its vaccine was 66% effective in preventing moderate and severe cases of COVID-19. In preventing severe disease only, that figure rose to 85%. However, that looks far less impressive than the vaccines from Pfizer and Moderna, both of which demonstrated more than 90% efficacy when those companies reported the results of their trials in November 2020.</p>\n<p>But the problem is that Johnson &amp; Johnson's vaccine data were never a fair comparison: It only completed <i>enrolling</i> participants in the first phase of its vaccine trial a month later, in December 2020. By then, coronavirus had evolved and new variants of concern were emerging in the U.K., Brazil, and South Africa. In Moderna's and Pfizer's earlier trials, those variants would not have played as much of a role (if at all) in their overall efficacy rates as they did in Johnson &amp; Johnson's trials; when looking at just the U.S., J&amp;J's vaccine efficacy rose to 72% in preventing moderate and severe disease.</p>\n<p>From the start, J&amp;J's vaccine was disadvantaged because of the numbers, which inevitably led to comparisons. But there's a new study that could be much more promising for Johnson &amp; Johnson and lead to greater demand for its shot.</p>\n<h2>High effectiveness against the delta variant</h2>\n<p>A new study from South Africa, called Sisonke, has shown Johnson &amp; Johnson's vaccine to be highly effective against <a href=\"https://laohu8.com/S/AONE.U\">one</a> of the most concerning variants around right now -- delta. The trial is massive and involves 480,000 healthcare workers (Johnson &amp; Johnson's initial phase 3 trial was relatively large and had only 45,000 participants). Although the data hasn't been peer-reviewed, the initial numbers are extremely encouraging -- showing 71% efficacy in preventing hospitalizations in delta-related cases. And in terms of preventing death, the overall efficacy rose to 96%.</p>\n<p>By comparison, studies on two doses of the Pfizer vaccine suggest efficacy rates could range between 42% and 96% against delta. Moderna has also had varying efficacy rates but it looks to be a bit higher, at around 76%. But what's common to both is that people need two doses of the vaccine, as a single dose offers weaker protection. And that's where the advantage could sway significantly in Johnson &amp; Johnson's favor as its single-shot vaccine would be significantly easier to administer.</p>\n<h2>Is this a game-changer for Johnson &amp; Johnson?</h2>\n<p>Johnson &amp; Johnson's vaccine could quickly help countries around the world increase their vaccination rates. Without having to wait several weeks between doses, a single-shot vaccine that's effective against the delta variant could be in high demand.</p>\n<p>If production-related issues are sorted out and concerns ease about its efficacy, Johnson &amp; Johnson could make up some serious ground in the COVID-19 vaccine market. It has a long way to go in overtaking Pfizer and Moderna in market share, but the healthcare giant is a major player in the industry with significant resources. It could ramp up production to meet a surge in demand. And that's why investors shouldn't count out the role that vaccine sales may play in its future.</p>\n<p>But there is danger in investing based on a specific COVID-19 variant. Things have been changing rapidly, and a new variant could emerge that renders all of the currently available vaccines nearly useless. And so while Johnson &amp; Johnson's vaccine does look like it should rebound in the future, and even though it has an outside chance of overtaking both Moderna and Pfizer, those factors aren't enough to make it a sure thing; there's just too much uncertainty. The stock isn't all that safe over the long term either; Johnson &amp; Johnson's legal troubles in other areas of its business are enough of a reason for me to stay away from the stock.</p>\n<p>However, if you are comfortable with the risk and uncertainty and want exposure to the COVID-19 vaccine market, investing in Johnson &amp; Johnson is still a better option than buying shares of a soaring stock like Moderna, which is trading more than $100 higher than price targets set by even some of the most bullish of analysts. And given that it is a bit of an underdog in this race, Johnson &amp; Johnson's ability to produce some better-than-anticipated vaccine sales could lead to significant analyst upgrades, which, in turn, may lead to some great returns for shareholders who buy the stock today.</p>","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>Here's Why Johnson & Johnson's Vaccine Could Overtake Both Pfizer and Moderna</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\">\nHere's Why Johnson & Johnson's Vaccine Could Overtake Both Pfizer and Moderna\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-08-19 16:21 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.fool.com/investing/2021/08/18/heres-why-johnson-johnsons-vaccine-could-overtake/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Johnson & Johnson 's (NYSE:JNJ) COVID-19 vaccine has had some challenges this year. From production issues to some disquieting reports of blood clots possibly being linked to the vaccine, it hasn't ...</p>\n\n<a href=\"https://www.fool.com/investing/2021/08/18/heres-why-johnson-johnsons-vaccine-could-overtake/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"JNJ":"强生","PFE":"辉瑞","MRNA":"Moderna, Inc."},"source_url":"https://www.fool.com/investing/2021/08/18/heres-why-johnson-johnsons-vaccine-could-overtake/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2160322137","content_text":"Johnson & Johnson 's (NYSE:JNJ) COVID-19 vaccine has had some challenges this year. From production issues to some disquieting reports of blood clots possibly being linked to the vaccine, it hasn't been the success the company was likely hoping it would be at this stage. Vaccines from Pfizer (NYSE:PFE) and Moderna, Inc. (NASDAQ:MRNA) have generated far more revenue for those companies and appear to be the vaccines of choice for many people.\nHowever, the delta variant may change that, as both Moderna and Pfizer are suggesting booster shots are necessary. And the Food and Drug Administration (FDA) recently authorized a third dose for people with weakened immune systems. Meanwhile, a new study has found the Johnson & Johnson vaccine to be highly effective against the delta variant, so booster shots may not be necessary for individuals who receive that vaccine. While a lack of boosters won't translate to more revenue from the vaccine, it's a development that could ultimately lead to Johnson & Johnson's vaccine rising in popularity and grabbing more market share.\n\nImage source: Getty Images.\nThe underdog vaccine?\nJohnson & Johnson expects to make $2.5 billion in revenue from its COVID-19 vaccine in 2021. That's a drop in the bucket for the mammoth business, which generated more than $80 billion in revenue in 2020.\nModerna's vaccine sales could reach $20 billion by the end of this year. And that's still well behind Pfizer, which estimates its vaccine sales will hit $33.5 billion this year as it leads the way, producing up to 3 billion doses in 2021. Moderna doesn't anticipate it will be able to produce that many doses annually until next year. In 2021, its production could reach 1 billion doses.\nJohnson & Johnson only expects to produce up to 600 million doses of its single-shot vaccine this year, down from its earlier target of 1 billion. Its struggles stem in large part from difficulties at a plant in Baltimore run by Emergent BioSolutions, where concerns relating to cross-contamination led to a shutdown of its factory in March. The FDA only recently gave the plant the green light to reopen.\nIt also didn't help that some people felt, correctly or not, that J&J's vaccine wasn't as effective as the other ones granted Emergency Use Authorization by the FDA.\nJ&J's efficacy numbers don't tell the whole story\nOne of the challenges that Johnson & Johnson's vaccine has faced is that from the start, it didn't look like it stacked up well against the shots from Moderna and Pfizer. In January, the company reported that its vaccine was 66% effective in preventing moderate and severe cases of COVID-19. In preventing severe disease only, that figure rose to 85%. However, that looks far less impressive than the vaccines from Pfizer and Moderna, both of which demonstrated more than 90% efficacy when those companies reported the results of their trials in November 2020.\nBut the problem is that Johnson & Johnson's vaccine data were never a fair comparison: It only completed enrolling participants in the first phase of its vaccine trial a month later, in December 2020. By then, coronavirus had evolved and new variants of concern were emerging in the U.K., Brazil, and South Africa. In Moderna's and Pfizer's earlier trials, those variants would not have played as much of a role (if at all) in their overall efficacy rates as they did in Johnson & Johnson's trials; when looking at just the U.S., J&J's vaccine efficacy rose to 72% in preventing moderate and severe disease.\nFrom the start, J&J's vaccine was disadvantaged because of the numbers, which inevitably led to comparisons. But there's a new study that could be much more promising for Johnson & Johnson and lead to greater demand for its shot.\nHigh effectiveness against the delta variant\nA new study from South Africa, called Sisonke, has shown Johnson & Johnson's vaccine to be highly effective against one of the most concerning variants around right now -- delta. The trial is massive and involves 480,000 healthcare workers (Johnson & Johnson's initial phase 3 trial was relatively large and had only 45,000 participants). Although the data hasn't been peer-reviewed, the initial numbers are extremely encouraging -- showing 71% efficacy in preventing hospitalizations in delta-related cases. And in terms of preventing death, the overall efficacy rose to 96%.\nBy comparison, studies on two doses of the Pfizer vaccine suggest efficacy rates could range between 42% and 96% against delta. Moderna has also had varying efficacy rates but it looks to be a bit higher, at around 76%. But what's common to both is that people need two doses of the vaccine, as a single dose offers weaker protection. And that's where the advantage could sway significantly in Johnson & Johnson's favor as its single-shot vaccine would be significantly easier to administer.\nIs this a game-changer for Johnson & Johnson?\nJohnson & Johnson's vaccine could quickly help countries around the world increase their vaccination rates. Without having to wait several weeks between doses, a single-shot vaccine that's effective against the delta variant could be in high demand.\nIf production-related issues are sorted out and concerns ease about its efficacy, Johnson & Johnson could make up some serious ground in the COVID-19 vaccine market. It has a long way to go in overtaking Pfizer and Moderna in market share, but the healthcare giant is a major player in the industry with significant resources. It could ramp up production to meet a surge in demand. And that's why investors shouldn't count out the role that vaccine sales may play in its future.\nBut there is danger in investing based on a specific COVID-19 variant. Things have been changing rapidly, and a new variant could emerge that renders all of the currently available vaccines nearly useless. And so while Johnson & Johnson's vaccine does look like it should rebound in the future, and even though it has an outside chance of overtaking both Moderna and Pfizer, those factors aren't enough to make it a sure thing; there's just too much uncertainty. The stock isn't all that safe over the long term either; Johnson & Johnson's legal troubles in other areas of its business are enough of a reason for me to stay away from the stock.\nHowever, if you are comfortable with the risk and uncertainty and want exposure to the COVID-19 vaccine market, investing in Johnson & Johnson is still a better option than buying shares of a soaring stock like Moderna, which is trading more than $100 higher than price targets set by even some of the most bullish of analysts. And given that it is a bit of an underdog in this race, Johnson & Johnson's ability to produce some better-than-anticipated vaccine sales could lead to significant analyst upgrades, which, in turn, may lead to some great returns for shareholders who buy the stock today.","news_type":1,"symbols_score_info":{"JNJ":0.9,"MRNA":0.9,"PFE":0.9}},"isVote":1,"tweetType":1,"viewCount":400,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":838078737,"gmtCreate":1629361822029,"gmtModify":1676530015316,"author":{"id":"3575954804845795","authorId":"3575954804845795","name":"carjang","avatar":"https://static.tigerbbs.com/732d4ecea777f9244e2d24307b0c180f","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3575954804845795","authorIdStr":"3575954804845795"},"themes":[],"htmlText":"Like and comment please&nbsp;","listText":"Like and comment please&nbsp;","text":"Like and comment please","images":[{"img":"https://static.tigerbbs.com/a8ae55c7f7056573a48a686ca09362cb","width":"1125","height":"3384"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/838078737","isVote":1,"tweetType":1,"viewCount":606,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":831103407,"gmtCreate":1629293400009,"gmtModify":1676529993777,"author":{"id":"3575954804845795","authorId":"3575954804845795","name":"carjang","avatar":"https://static.tigerbbs.com/732d4ecea777f9244e2d24307b0c180f","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3575954804845795","authorIdStr":"3575954804845795"},"themes":[],"htmlText":"Like and comment please&nbsp;","listText":"Like and comment please&nbsp;","text":"Like and comment please","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/831103407","repostId":"1197230007","repostType":4,"repost":{"id":"1197230007","kind":"news","pubTimestamp":1629292806,"share":"https://ttm.financial/m/news/1197230007?lang=&edition=full_marsco","pubTime":"2021-08-18 21:20","market":"us","language":"en","title":"Futures Dip As Traders Await Fed Minutes","url":"https://stock-news.laohu8.com/highlight/detail?id=1197230007","media":"zerohedge","summary":"US equity futures and global markets were flat in listless trading as investors assessed the outlook","content":"<p>US equity futures and global markets were flat in listless trading as investors assessed the outlook for economic recovery and awaited the latest Federal Reserve minutes to gauge the direction of monetary policy while tracking the latest covid lockdown in New Zealand and on edge ahead of possible turbulence in Friday's OpEx. Overnight the MSCI Asia Pacific Index added 0.4% while Japan’s Topix index closed 0.4% higher. In Europe the Stoxx 600 Index was broadly unchanged. S&amp;P 500 futures pointed to a small move lower at the open, the 10-year Treasury yield was at 1.277%, oil rose and gold moved higher, while cryptos rebounded from a late Tuesday selloff.</p>\n<p><img src=\"https://static.tigerbbs.com/2f4f6de2d8c5fd41a7d1e1acd086b69f\" tg-width=\"1280\" tg-height=\"792\" width=\"100%\" height=\"auto\">Viacom CBS advanced 1.9% in premarket New York trading after Wells Fargo Securities raised the stock to overweight from equal weight, citing the media company’s success with streaming-video services. Targets slumped more than 3% in premarket trading despite posting stronger than expected results as sales growth moderated after the pandemic boom. Here are some of the other biggest U.S. movers today:</p>\n<p></p>\n<ul>\n <li>TD Holdings (GLG) shares soar 38% following the China-based company’s second quarter results, where revenue surged 2,981% y/y to $59.84 million.</li>\n <li>Tilray (TLRY) shares rise 6.7% with Cantor Fitzgerald saying its deal to buy a majority position in senior secured convertible bonds issued by MedMen “adds credence” to its U.S. growth aims.</li>\n <li>Virpax Pharmaceuticals (VRPX) rallies 63% in&nbsp;premarket&nbsp;trading, extending Tuesday’s surge after the firm said it received a pre-investigational new drug response from the U.S. Food and Drug Administration for an antiviral barrier product.</li>\n <li>Weibo Corp. (WB) shares rise 5.6% in U.S.&nbsp;premarket&nbsp;trading after the Chinese social media platform reported second- quarter results that topped estimates.</li>\n</ul>\n<p>A sense of caution was visible in markets notes Bloomberg, with most assets posting small moves, amid the growing spread of the delta virus variant, the prospect of reduced stimulus support and elevated inflation. While the Fed minutes Wednesday may give some clues about the timeline for tapering stimulus, the next catalyst for markets may not come before the central bank’s Aug. 26-28 conference at Jackson Hole, Wyoming.</p>\n<p>“Investors are trying to balance the reopening of economies as vaccination rates go up, but also seeing the effects of the spreading Delta variant and that’s being reflected in the slowing economic data most of which has been surprising on the downside in the last two weeks,” said Kerry Craig, global market strategist at JPMorgan Asset Management.</p>\n<p>In a town hall&nbsp;meeting&nbsp;Tuesday, Fed Chair Jerome Powell flagged that the pandemic is “still casting a shadow on economic activity” but didn’t discuss the outlook for monetary policy or specifics on growth and the risks from the delta variant.</p>\n<p>“The market remains cautious,” Mizuho strategist Peter Chatwell&nbsp;wrote in a note. Unless Fed minutes “reveal something substantively different from recent source stories, the market is unlikely to react significantly, and choppy trading may continue.”</p>\n<p>Today Investors will scan the Fed minutes due 2pm ET for further clues on when the bank might start tapering its bond purchases. “To see a successful taper in the next few months, we need to see more of those strong job prints,” said John Luke Tyner, fixed income analyst and portfolio manager at Aptus Capital Advisors.<b>“I don’t see the Fed backing out of support yet, I think we need to see the unemployment rate fall below 5%.”</b></p>\n<p>European shares rebounded from an early weakness, and edged up with the benchmark STOXX index rising 0.05%. The Euro Stoxx 50 is 0.2% lower, FTSE 100 and CAC lag peers at the margin. Miners, autos and retail names weigh; utilities and health care are the strongest sectors. European utilities stocks outperform, buoyed by gains for Fortum and Verbund with gas prices edging higher, bullishness on the outlook for carbon prices in Europe and a PT raise for the Finnish company. Stoxx 600 Utilities index up as much as 0.9%, touching the highest since April 23; benchmark index little changed. Here are some of the biggest European movers today:</p>\n<ul>\n <li>Alcon shares rise as much as 11%, the most intraday since March 2020, to hit a record high. The eye-care products maker’s 2Q results and raised guidance should be taken positively, with an upbeat read on the recovery in surgical procedures, analysts say.</li>\n <li>Tecan shares rise as much as 6.8% to a record after the Swiss laboratory-equipment maker posted 1H results that Vontobel says “clearly” beat expectations.</li>\n <li>Future shares rise as much as 5.3% as Berenberg (buy) says the media company remains a “top pick,” with multiple synergy opportunities and upside potential. Broker increases price target to a Street high.</li>\n <li>Nel gains as much as 5.4% after entering partnership with SFC Energy.</li>\n <li>Zur Rose fell as much as 7.6% after 1H results as analysts note widened losses as the company steps up marketing and gets ready for the German e-prescriptions system.</li>\n <li>Ambu drops as much as 5.2% as the medtech maker gets downgrades from Nordea and JPMorgan, with both seeing downside to consensus estimates.</li>\n</ul>\n<p>Earlier in the session,<b>Asian stocks rebounded, led by cyclicals, after a four-day selloff dragged the regional benchmark to its lowest level in almost eight months.</b>The MSCI Asia Pacific Index rose as much as 0.8%, with financials and information technology sectors being the top performers. Chinese tech shares gave up gains after bouncing back following a five-day rout while a gauge of Southeast Asian equities jumped the most in about a month.&nbsp; Wednesday’s respite comes after the MSCI Asia Pacific Index slumped 1.3% in the previous session to close at its lowest level since Dec. 28. Investors are assessing the economic impact from the spread of the delta variant of the coronavirus while also waiting for the release of the latest Federal Reserve minutes.</p>\n<p><b>\"Fed minutes due later tonight should show further indications that the Fed is leaning towards taper by the end of the year,\"</b>Eugene Leow, a strategist at DBS Bank in Singapore, wrote in a note. “We do not think that the delta variant changes the timeline for Fed normalization.” Equity benchmark in the Philippines, dominated by old-economy names, was the biggest gainer amid the broad rally in Asia on Wednesday.</p>\n<p>Japanese equities rose, erasing early losses, as investors looked beyond a well-flagged extension of the latest coronavirus state of emergency. “It’s a technical rebound,” said Masahiro Ichikawa, chief market strategist at Sumitomo Mitsui DS Asset Management. “There is some anticipation that the spread of virus cases could ease with the state of emergency now officially extended and expanded.” Electronics makers were the biggest boost to the Topix, which gained 0.4%. Fast Retailing was the largest contributor to a 0.6% advance in the Nikkei 225, which ended a four-day losing streak. Prime Minister Yoshihide Suga announced measures Tuesday evening that extend the state of emergency to Sept. 12 from its previously scheduled end of Aug. 31, and widen it to 13 prefectures from 6.&nbsp; Meanwhile, the finance ministry reported Wednesday that the value of Japan’s exports increased 37% in July compared with last year’s depressed level, slowing from a 49% jump in the prior month</p>\n<p>India’s benchmark equity index snapped a four-session streak of gains to slip from record highs, led by ICICI Bank.&nbsp; The S&amp;P BSE Sensex fell 0.3% to 55,629.49 in Mumbai, while the NSE Nifty 50 Index dropped by a similar amount to 16,568.85. Both indexes had climbed to fresh peaks on Tuesday. Out of 30 shares in the Sensex index, 10 rose, while 20 fell. Thirteen of the 19 sector indexes compiled by BSE Ltd. declined, led by a gauge of metal stocks. ICICI Bank Ltd was the biggest drag on both indexes, declining 1.8%.&nbsp; “We remain cautious on the markets as there is no clear direction over the next move,” said Ajit Mishra, vice president of research at Religare Broking Ltd. “High volatility and profit taking in broader markets are adding to the participants’ worries. We suggest investors to remain selective and prefer investing in defensive sectors such as consumer goods, IT and pharma.”</p>\n<p>In rates, the yield on benchmark 10-year Treasury notes rose to 1.2767% compared to its U.S. close of 1.258% on Tuesday. Germany’s 10-year yield, the benchmark for the euro area, was down 1 basis point at -0.475% by 0805 GMT, above the lowest in nearly two weeks of -0.501% touched on Tuesday.</p>\n<p>In FX, the South Korean won led gains among Asian currencies after a six-day hammering prompted the finance ministry to monitor the currency market more closely. The New Zealand dollar recouped losses made after the Reserve Bank of New Zealand delayed a widely expected rise in interest rates as the country was put into a snap COVID-19 lockdown. The kiwi fell to a nine-month low of $0.6868 after the decision although it soon recovered, climbing back to $0.6919, as investors absorbed RBNZ projections showing policymakers still expect to raise rates over coming months.</p>\n<p><b>“They’ve said no go, because you’ve got COVID and too much uncertainty.</b>Give it a few weeks, let the smoke clear then the tightening cycle is still on the table,” said Imre Speizer, head of NZ strategy at Westpac.</p>\n<p>The Bloomberg Dollar Spot Index is little changed, faded Asia’s modest strength. SEK and GBP top the G-10 scoreboard, NZD lags although ranges are small. The euro touched a fresh year-to-date low earlier before reversing its losses; sentiment in options suggests a breach of the $1.17 handle is probable. The pound drifted in a narrow range after U.K. inflation eased in July. It’s the first time in four months that inflation rose less than economists had expected. Aussie steadied after yesterday’s loss; iron ore extended its rout as BHP Group warned it sees an increasing likelihood of “stern cuts” to China’s steel output this year.</p>\n<p>In commodities, West Texas Intermediate crude rose above $67 per barrel after the American Petroleum Institute’s report that inventories fell last week outweighed concern over the impact of the pandemic on demand leading to four days of straight declines. Brent trades near $69.50. Spot gold trades a narrow range, holding in the green near $1,787/oz. Base metals are in the red with LME lead and aluminum under-performing.</p>\n<p>Bitcoin advanced after two days of losses and traded around $45,500 apiece.</p>\n<p>Looking at the day ahead now, the main highlight will likely be the release of the FOMC minutes from the July meeting, while St. Louis Fed President Bullard will also be speaking. On the data side, there’s also US housing starts and building permits for July, along with the UK and Canadian CPI readings for that month. Finally, earnings releases include Nvidia, Cisco, Lowe’s, Target and TJX.</p>\n<p><b>Market Wrap</b></p>\n<ul>\n <li>S&amp;P 500 futures down 0.1% to 4,437.25</li>\n <li>STOXX Europe 600 little changed at 473.73</li>\n <li>MXAP up 0.4% to 196.54</li>\n <li>MXAPJ up 0.5% to 644.48</li>\n <li>Nikkei up 0.6% to 27,585.91</li>\n <li>Topix up 0.4% to 1,923.97</li>\n <li>Hang Seng Index up 0.5% to 25,867.01</li>\n <li>Shanghai Composite up 1.1% to 3,485.29</li>\n <li>Sensex down 0.2% to 55,657.43</li>\n <li>Australia S&amp;P/ASX 200 down 0.1% to 7,502.15</li>\n <li>Kospi up 0.5% to 3,158.93</li>\n <li>Brent Futures up 0.5% to $69.40/bbl</li>\n <li>Gold spot up 0.1% to $1,787.22</li>\n <li>U.S. Dollar Index little changed at 93.07</li>\n <li>German 10Y yield rose 1.5 bps to -0.478%</li>\n <li>Euro little changed at $1.1719</li>\n</ul>\n<p><b>Top Overnight News from Bloomberg</b></p>\n<ul>\n <li>New Zealand’s central bank refrained from raising interest rates during a coronavirus outbreak and nationwide lockdown, but signaled it intends to start tightening monetary policy soon.</li>\n <li>New Zealand found six additional cases of Covid-19 as it began a nationwide lockdown, all connected to a single delta infection discovered Tuesday with a link to an outbreak in Australia. New South Wales state saw a surge in infections as the virus spreads throughout Sydney despite Australia’s largest city being in lockdown for almost two months.</li>\n <li>Japan’s export recovery showed signs of peaking in July, with shipments to China and Europe losing strength amid a global resurgence of the coronavirus.</li>\n <li>Oil held a four-day drop driven by escalating concern that the spread of delta coronavirus variant is setting back the recovery in key economies, potentially jeopardizing a revival in energy consumption.</li>\n <li>President Xi Jinping said China must pursue “common prosperity,” in which wealth is shared by all people, as a key feature of a modern economy, while also curbing financial risks.</li>\n <li>The U.S. has frozen nearly $9.5 billion in assets belonging to the Afghan central bank and stopped shipments of cash to the nation as it tries to keep a Taliban-led government from accessing the money, an administration official confirmed Tuesday.</li>\n <li>Norway’s $1.4 trillion sovereign wealth fund, the world’s biggest, generated a 9.4% return in the first half of the year after its investments in energy, finance and technology companies helped drive double-digit gains in its stock portfolio</li>\n <li>President Xi Jinping put China’s wealthiest citizens on notice Tuesday, offering an outline for “common prosperity” that includes income regulation and redistribution, according to state media reports</li>\n</ul>\n<p><i>A more detailed look at global markets courtesy of Newsquawk</i></p>\n<p><b>Asia-Pac bourses gradually improved and managed to shrug-off the early cautiousness stemming from the weak handover from Wall Street where the major indices snapped their streak of record closes. Upside in Asia was limited as participants digested a plethora of earnings releases</b>. ASX 200 (-0.1%) was indecisive with outperformance in utilities and financials offset by losses in the mining-related sectors, while there was an abundance of earnings releases including BHP and Woodside Petroleum although their shares failed to benefit despite printing firmer results and the announcement a petroleum merger, with the headwinds due to weakness in underlying commodity prices. NZX 50 (+0.7%) was underpinned after the RBNZ surprisingly kept rates unchanged at 0.25% in which it cited the lockdown and uncertainty for its decision to refrain from a lift-off, while Nikkei 225 (+0.6%) gradually strengthened despite the initially choppy mood which was at the whim of the domestic currency and after mixed machinery orders and trade data. Hang Seng (+0.5%) and Shanghai Comp. (+1.1%) conformed to the mild positive bias with focus shifting to incoming earnings including Tencent which are due later today, while reports also noted that China vowed to increase the proportion of the middle-income group and is said to be seeking to raise rural consumption to as much as CNY 10tln. Finally, 10yr JGBs were lacklustre amid mixed data from Japan and with demand sapped after risk sentiment in Tokyo gradually improved, but with downside also stemmed given the BoJ’s presence in the market for over JPY 1.3tln of JGBs with 1yr-10yr maturities.</p>\n<p><i>Top Asian News</i></p>\n<ul>\n <li>Japan’s Faster Vaccine Rollout is Good News for the Economy</li>\n <li>Japan Cancels F1 Grand Prix for Second Year in a Row</li>\n <li>Taliban Ring Kabul Airport With Checkpoints: Afghanistan Update</li>\n <li>Korean Firm Moves With IPO to Fund Eco-friendly Ships: ECM Watch</li>\n</ul>\n<p><b>European equities (Eurostoxx 50 -0.3%) trade with a mild negative bias as gains in the futures markets faded ahead of the cash open. Hopes had been for a firmer start to the session given the more upbeat tone seen in Asia-Pac bourses</b>, however, a lack of fresh macro impulses from a European perspective saw enthusiasm wane amid holiday-thinned conditions. Stateside, futures are hugging the unchanged mark as investors await minutes from the FOMC’s July announcement and pre-market earnings from US retailer Target while Lowe's beat on top and bottom lines alongside raising FY21 guidance. Sectoral performance in Europe is relatively mixed with modest outperformance in Real Estate and Travel &amp; Leisure names. Basic Resources lag peers as BHP gives back some of yesterday’s earnings-inspired gains with the Co. facing criticism over its decision to abandon its FTSE 100 listing in favour of Sydney. Individual movers are somewhat sparse as the region heads out of earnings season. That said, results from Alcon (+11.0%) and a subsequent guidance raise have sent their shares to the top of the Stoxx 600. Carlsberg (+2.8%) is also gaining post-earnings with the Co. increasing guidance and announcing a share buyback following a recovery in beer volumes. To the downside, Persimmon (-2.5%) sit near the foot of the FTSE 100 despite noting that current forward sales are up around 9% from pre-pandemic levels.</p>\n<p><i>Top European News</i></p>\n<ul>\n <li>World’s No. 1 Wealth Fund Makes $110 Billion as Stocks Soar</li>\n <li>Tesla Wins Volkswagen’s Support in Push for India EV Tax Cut</li>\n <li>Carlsberg Raises Earnings Forecast Again as Bars Reopen</li>\n <li>Philip Morris Buys 22.61% of Vectura’s Shares on the Market</li>\n</ul>\n<p><b>In FX,</b>the Sterling has pushed forward past its G10 peers with no clear catalyst behind the rise. UK CPI metrics fell short of expectations for July across the board with clothing and footwear, and a variety of recreational goods and services made the largest downward contributions, whilst the upside was led by rises in second hand vehicles. Pre-data, desks flagged a cooling of inflation as a by-product of the base effects from 2020 - with the August report expected to mark a pickup in inflation. GBP/USD rebounded from its current 1.3729 base back above 1.3750 ahead of its 200DMA at 1.3778. EUR/USD trades just north of 1.1700 having tested the level to the downside in the early hours, with technicians flagging 1.1695 as the next support point (38.2% fib of the 2020-21 move), a dip below that opens the door to 1.1688 (16th Oct low) ahead of the psychological 1.1650. The pair was unmoved by unrevised EZ CPI metrics across the board.</p>\n<ul>\n <li>DXY - The Buck is on a mildly softer footing as risk sentiment is seemingly more constructive than it had been earlier this week - with some desks also noting of a reversal in the crowded long USD. The Fed Chair kept his cards close to his chest during yesterday's appearance and ahead of tonight's FOMC minutes (full preview available in the Newsquawk research suite). DXY threatens a breach of 93.000 at the time of writing having had waned from its earlier 93.150 high, whilst the next point of support is still some way off at yesterday's 92.611 low.</li>\n <li>NZD, AUD, CAD - The non-US Dollars resided near the top of the G10 bunch in early European trade with mild gains but then lost the top spots to the EUR and GBP. Overnight, the RBNZ opted for a hawkish hold in its OCR vs dwindling expectations for a 25bps hike heading into the confab. The central bank's stance is being framed as hawkish nonetheless as it remains on a course towards removing monetary stimulus given the backdrop of strong economic data, with this decision merely a \"pause\" in the face of a COVID threat, whilst banks suggest that lockdown downfalls can be addressed by fiscal policy. NZD/USD saw a knee-jerk lower to a new YTD low (0.6868) upon the surprise hold but immediately retraced it and reclaimed a 0.6900 handle as the rate path saw sizeable upgrades across the board. NZD/USD however encounters some mild pressure as US players enter the fray and react to the RBNZ. The AUD/NZD cross similarly fleetingly spiked above 1.0500 to match yesterday's 1.0540 best before relinquishing the level. Meanwhile, AUD/USD traded subdued overnight as base metal prices continued to be impacted by Chinese intervention with the AUD/USD pair around the 0.7250 mark within a narrow 0.740-69 range. Elsewhere, the Loonie looks ahead to its inflation figures later in the session with the USD/CAD pair just north of 1.2600 but off the 1.2640 overnight high. Analysts at SocGen suggest that the pair above its 200 DMA (1.2560) opens the door for a rise closer towards 1.3000 - with the CAD-WTI correlation also strengthening over the past month to 0.5 from 0.25.</li>\n <li>JPY, CHF - The traditional safe-havens are flat with not much to report as traders look for the next catalyst. USD/JPY found support at 109.50 and just about eclipsed its 100 DMA at 109.65, with the 50 DMA then seen at 110.15. USD/CHF is sandwiched between its 50 and 100 DMA at 0.9148 and 0.9124 respectively.</li>\n</ul>\n<p><b>In commodities,</b>WTI and Brent front-month futures are on a mildly firmer footing, with the former around USD 67/bbl (vs low USD 66.42/bbl) and the latter around USD 69.50/bbl (vs low USD USD 68.90/bbl). However, in the grander scheme, prices are consolidating amid a lack of catalysts ahead of the FOMC policy decision. Last night's inventory report turned out to be mildly bullish but participants await confirmation from the EIA metrics later, with the headline seen drawing 1.055mln bbls. Another development to keep on the radar - India has begun selling oil from strategic reserves after a policy shift and as part of a plan to commercialise its storage and lease space. Meanwhile, spot gold and silver are overall little changed ahead of the FOMC minutes, with the former hitting interim resistance at USD 1,794/oz (vs low USD 1,787/oz). Some reports that have been gaining focus - US-listed Palantir has bought USD 50.7mln in gold bars and will be accepting payment in gold as the firm prepares for a \"black swan event\". Turning to base metals, LME copper is flat within a tight range amid a lack of catalysts. Elsewhere, Dalian iron ore future and Shanghai rebar futures again saw a session of hefty losses, with some traders citing steel producers re-selling iron ore bought under longer term contracts to miners after China cut its steel output target. Further, China's Dalian commodity exchange is to increase speculative margin requirements for September coke futures to 20%, as of the August 20th settlement.</p>\n<p><b>US Event Calendar</b></p>\n<ul>\n <li>7am: Aug. MBA Mortgage Applications -3.9%, prior 2.8%</li>\n <li>8:30am: July Building Permits MoM, est. 1.0%, prior -5.1%, revised -5.3%</li>\n <li>8:30am: July Housing Starts MoM, est. -2.6%, prior 6.3%</li>\n <li>8:30am: July Building Permits, est. 1.61m, prior 1.6m, revised 1.59m</li>\n <li>8:30am: July Housing Starts, est. 1.6m, prior 1.64m</li>\n <li>2pm: July FOMC Meeting Minutes</li>\n</ul>\n<p><b>DB's Jim Reid concludes the overnight wrap</b></p>\n<p>Global equity markets continued to lose ground yesterday as investor angst ratcheted up further about the spread of the delta variant and the economic consequences of further virus outbreaks. Indeed, recent weeks have shown that even among those countries with a relatively good track record on containing the virus, a number have had to deal with repeated flareups, which suggests that there could be sustained disruption in the coming months, particularly as the northern hemisphere winter begins and people spend more time indoors where respiratory viruses spread more easily. New Zealand is just the latest example of this (more on which below), but separate surges in Australia and China of late have also magnified fears of a potential growth slowdown. And even in the US, which hasn’t been following an elimination strategy, they’ve moved from a situation in June where cases were rising at the slowest rate since March 2020, to now where they’re experiencing the most fastest increase in over 6 months.</p>\n<p>Amidst these jitters, the S&amp;P 500 (-0.71%) fell back from its all-time high the previous day, with cyclicals leading the declines as part of a broad risk-off move. In this recent low-volatility market, that was actually the largest single-day drop for the S&amp;P since July 19, which roughly erases the gains of the past three sessions. Given the delta concerns, some of the more Covid-sensitive assets were among the biggest underperformers, with the S&amp;P 500 airlines index falling -2.68% yesterday in its 4th consecutive move lower. That leaves it -23.7% down from its closing high in April, back when there was far more optimism about a return to normality later in the year given the vaccine rollout. And other US indices fared badly as well, including the NASDAQ (-0.93%) and the small-cap Russell 2000 (-1.19%). Meanwhile on the earnings front, Home Depot (-4.27%) saw the largest decline in the Dow Jones after weaker-than-expected results, though Walmart (-0.03%) was “just” flat even after the company raised their full-year outlook.</p>\n<p>The decline in risk appetite was reflected in other asset classes too, with oil prices continuing to fall as delta fears saw increasing questions being asked the strength of economic demand over the coming months. By the close, Brent Crude (-0.69%) and WTI (-1.04%) had both posted their 4th successive losses for the first time since March, and other cyclical commodities like copper (-2.80%) witnessed similar downward pressure. One exception to this were European equities, which were a bit more resilient having closed before the later selloff, and the STOXX 600 was up +0.07% by the close. That said, this masked a sharp regional divergence as southern European assets struggled in particular, with Italy’s FTSE MIB (-0.85%) and Spain’s IBEX 35 (-0.68%) both moving lower, just as the spread of Italian (+1.1bps) and Spanish (+0.8bps) 10yr yields over bunds widened for a 3rd day running.</p>\n<p>Overnight, one of the big pieces of news has come from the Reserve Bank of New Zealand, who maintained their Official Cash Rate at 0.25 per cent given the imposition of a nationwide lockdown. That lockdown was confirmed shortly after we went to press yesterday, and follows the discovery of the first community case for New Zealand since February. In response, the New Zealand dollar fell sharply, with the currency experiencing the worst performance in the G10 yesterday (-1.44% vs USD), although it’s recovered +0.28% this morning after RBNZ projections pointed to them still hiking rates at least once this year. Nevertheless, it was also confirmed last night that there were a further 6 cases on top of that, which raises the prospect of a further extension to the lockdown as New Zealand seeks to maintain its Covid elimination strategy. Meanwhile in Australia, which is dealing with its own surge, New South Wales recorded a record 633 new cases yesterday.</p>\n<p>Elsewhere in Asia overnight, the risk-off sentiment has eased up this morning with the Nikkei (+0.74%) and the Hang Seng (+0.75%) on track to end a run of 4 successive declines, the Shanghai Comp (+0.67%) poised to end a run of 5 declines, and the Kospi (+0.92%) looking to end a run of 8 declines. Elsewhere, futures on the S&amp;P 500 are up +0.10%.</p>\n<p>Back to yesterday, safe havens were once again one of the few winners given current conditions, with the US Dollar index (+0.54%) climbing to its highest level since late March, even as yields on 10yr US Treasuries were mostly unchanged (-0.3bps) at 1.262%, as were those on 10yr bunds (-0.2bps). We did hear from Fed Chair Powell in a town hall discussion with educators, but he said very little of relevance to investors, who are instead focusing on his speech at the Jackson Hole symposium next week.</p>\n<p>In terms of the latest on the pandemic, New Zealand has been a major focus over the last 24 hours as mentioned, and the latest lockdown will see schools and most businesses closed over this period. In the US meanwhile, Reuters reported that the government is planning to extend mask mandates for travellers on airplanes, trains, and buses through January 18 at the earliest. Separately on the US, we’re expecting to hear from President Biden today on booster shots at 4:30pm ET, with the New York Times reporting that the recommendation will be that vaccinated individuals get a booster shot 8 months after their second dose. This would mean that some of the elderly and at-risk who were first vaccinated would be eligible as soon as next month.</p>\n<p>On the ongoing crisis in Afghanistan, NATO chief Stoltenberg said the US, UK, Turkey, Norway, and other allies are working to securing Kabul airport and continue evacuations. The US announced they are aiming for a flight every hour, eventually hoping to fly 5-9k people out of the country per day, and that the operation could continue for a few weeks. That came as the Washington Post reported that the Biden administration had frozen Afghan government reserves in US bank accounts.</p>\n<p>Looking at yesterday’s data, there was a mixed bag of releases from the US that did little to clarify the outlook ahead Jackson Hole symposium. On the one hand, retail sales fell by -1.1% in July (vs. -0.3% expected), but industrial production was more resilient with growth of +0.9% (vs. +0.5% expected). Separately, the NAHB housing market index for August unexpectedly fell to 75 (vs. 80 expected). That’s its lowest level in over a year, though for context that still leaves it some way above its pre-pandemic levels.</p>\n<p>There was more positive news on the UK labour market however, where the unemployment rate in the 3 months to June unexpectedly fell to 4.7% (vs. 4.8% expected). The report also showed that the number of payrolled employees was up +182k in July, marking the 8th consecutive increase, while the number of job vacancies in the three months to July rose to a record high of 953k. That leaves the focus on this morning’s CPI report, which follows the last couple of releases both surprising to the upside.</p>\n<p>To the day ahead now, and the main highlight will likely be the release of the FOMC minutes from the July meeting, while St. Louis Fed President Bullard will also be speaking. On the data side, there’s also US housing starts and building permits for July, along with the UK and Canadian CPI readings for that month. Finally, earnings releases include Nvidia, Cisco, Lowe’s, Target and TJX.</p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Futures Dip As Traders Await Fed Minutes</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\">\nFutures Dip As Traders Await Fed Minutes\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-08-18 21:20 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.zerohedge.com/markets/futures-dip-traders-await-fed-minutes><strong>zerohedge</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>US equity futures and global markets were flat in listless trading as investors assessed the outlook for economic recovery and awaited the latest Federal Reserve minutes to gauge the direction of ...</p>\n\n<a href=\"https://www.zerohedge.com/markets/futures-dip-traders-await-fed-minutes\">Web 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",".IXIC":"NASDAQ Composite",".SPX":"S&P 500 Index","SPY":"标普500ETF"},"source_url":"https://www.zerohedge.com/markets/futures-dip-traders-await-fed-minutes","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1197230007","content_text":"US equity futures and global markets were flat in listless trading as investors assessed the outlook for economic recovery and awaited the latest Federal Reserve minutes to gauge the direction of monetary policy while tracking the latest covid lockdown in New Zealand and on edge ahead of possible turbulence in Friday's OpEx. Overnight the MSCI Asia Pacific Index added 0.4% while Japan’s Topix index closed 0.4% higher. In Europe the Stoxx 600 Index was broadly unchanged. S&P 500 futures pointed to a small move lower at the open, the 10-year Treasury yield was at 1.277%, oil rose and gold moved higher, while cryptos rebounded from a late Tuesday selloff.\nViacom CBS advanced 1.9% in premarket New York trading after Wells Fargo Securities raised the stock to overweight from equal weight, citing the media company’s success with streaming-video services. Targets slumped more than 3% in premarket trading despite posting stronger than expected results as sales growth moderated after the pandemic boom. Here are some of the other biggest U.S. movers today:\n\n\nTD Holdings (GLG) shares soar 38% following the China-based company’s second quarter results, where revenue surged 2,981% y/y to $59.84 million.\nTilray (TLRY) shares rise 6.7% with Cantor Fitzgerald saying its deal to buy a majority position in senior secured convertible bonds issued by MedMen “adds credence” to its U.S. growth aims.\nVirpax Pharmaceuticals (VRPX) rallies 63% in premarket trading, extending Tuesday’s surge after the firm said it received a pre-investigational new drug response from the U.S. Food and Drug Administration for an antiviral barrier product.\nWeibo Corp. (WB) shares rise 5.6% in U.S. premarket trading after the Chinese social media platform reported second- quarter results that topped estimates.\n\nA sense of caution was visible in markets notes Bloomberg, with most assets posting small moves, amid the growing spread of the delta virus variant, the prospect of reduced stimulus support and elevated inflation. While the Fed minutes Wednesday may give some clues about the timeline for tapering stimulus, the next catalyst for markets may not come before the central bank’s Aug. 26-28 conference at Jackson Hole, Wyoming.\n“Investors are trying to balance the reopening of economies as vaccination rates go up, but also seeing the effects of the spreading Delta variant and that’s being reflected in the slowing economic data most of which has been surprising on the downside in the last two weeks,” said Kerry Craig, global market strategist at JPMorgan Asset Management.\nIn a town hall meeting Tuesday, Fed Chair Jerome Powell flagged that the pandemic is “still casting a shadow on economic activity” but didn’t discuss the outlook for monetary policy or specifics on growth and the risks from the delta variant.\n“The market remains cautious,” Mizuho strategist Peter Chatwell wrote in a note. Unless Fed minutes “reveal something substantively different from recent source stories, the market is unlikely to react significantly, and choppy trading may continue.”\nToday Investors will scan the Fed minutes due 2pm ET for further clues on when the bank might start tapering its bond purchases. “To see a successful taper in the next few months, we need to see more of those strong job prints,” said John Luke Tyner, fixed income analyst and portfolio manager at Aptus Capital Advisors.“I don’t see the Fed backing out of support yet, I think we need to see the unemployment rate fall below 5%.”\nEuropean shares rebounded from an early weakness, and edged up with the benchmark STOXX index rising 0.05%. The Euro Stoxx 50 is 0.2% lower, FTSE 100 and CAC lag peers at the margin. Miners, autos and retail names weigh; utilities and health care are the strongest sectors. European utilities stocks outperform, buoyed by gains for Fortum and Verbund with gas prices edging higher, bullishness on the outlook for carbon prices in Europe and a PT raise for the Finnish company. Stoxx 600 Utilities index up as much as 0.9%, touching the highest since April 23; benchmark index little changed. Here are some of the biggest European movers today:\n\nAlcon shares rise as much as 11%, the most intraday since March 2020, to hit a record high. The eye-care products maker’s 2Q results and raised guidance should be taken positively, with an upbeat read on the recovery in surgical procedures, analysts say.\nTecan shares rise as much as 6.8% to a record after the Swiss laboratory-equipment maker posted 1H results that Vontobel says “clearly” beat expectations.\nFuture shares rise as much as 5.3% as Berenberg (buy) says the media company remains a “top pick,” with multiple synergy opportunities and upside potential. Broker increases price target to a Street high.\nNel gains as much as 5.4% after entering partnership with SFC Energy.\nZur Rose fell as much as 7.6% after 1H results as analysts note widened losses as the company steps up marketing and gets ready for the German e-prescriptions system.\nAmbu drops as much as 5.2% as the medtech maker gets downgrades from Nordea and JPMorgan, with both seeing downside to consensus estimates.\n\nEarlier in the session,Asian stocks rebounded, led by cyclicals, after a four-day selloff dragged the regional benchmark to its lowest level in almost eight months.The MSCI Asia Pacific Index rose as much as 0.8%, with financials and information technology sectors being the top performers. Chinese tech shares gave up gains after bouncing back following a five-day rout while a gauge of Southeast Asian equities jumped the most in about a month.  Wednesday’s respite comes after the MSCI Asia Pacific Index slumped 1.3% in the previous session to close at its lowest level since Dec. 28. Investors are assessing the economic impact from the spread of the delta variant of the coronavirus while also waiting for the release of the latest Federal Reserve minutes.\n\"Fed minutes due later tonight should show further indications that the Fed is leaning towards taper by the end of the year,\"Eugene Leow, a strategist at DBS Bank in Singapore, wrote in a note. “We do not think that the delta variant changes the timeline for Fed normalization.” Equity benchmark in the Philippines, dominated by old-economy names, was the biggest gainer amid the broad rally in Asia on Wednesday.\nJapanese equities rose, erasing early losses, as investors looked beyond a well-flagged extension of the latest coronavirus state of emergency. “It’s a technical rebound,” said Masahiro Ichikawa, chief market strategist at Sumitomo Mitsui DS Asset Management. “There is some anticipation that the spread of virus cases could ease with the state of emergency now officially extended and expanded.” Electronics makers were the biggest boost to the Topix, which gained 0.4%. Fast Retailing was the largest contributor to a 0.6% advance in the Nikkei 225, which ended a four-day losing streak. Prime Minister Yoshihide Suga announced measures Tuesday evening that extend the state of emergency to Sept. 12 from its previously scheduled end of Aug. 31, and widen it to 13 prefectures from 6.  Meanwhile, the finance ministry reported Wednesday that the value of Japan’s exports increased 37% in July compared with last year’s depressed level, slowing from a 49% jump in the prior month\nIndia’s benchmark equity index snapped a four-session streak of gains to slip from record highs, led by ICICI Bank.  The S&P BSE Sensex fell 0.3% to 55,629.49 in Mumbai, while the NSE Nifty 50 Index dropped by a similar amount to 16,568.85. Both indexes had climbed to fresh peaks on Tuesday. Out of 30 shares in the Sensex index, 10 rose, while 20 fell. Thirteen of the 19 sector indexes compiled by BSE Ltd. declined, led by a gauge of metal stocks. ICICI Bank Ltd was the biggest drag on both indexes, declining 1.8%.  “We remain cautious on the markets as there is no clear direction over the next move,” said Ajit Mishra, vice president of research at Religare Broking Ltd. “High volatility and profit taking in broader markets are adding to the participants’ worries. We suggest investors to remain selective and prefer investing in defensive sectors such as consumer goods, IT and pharma.”\nIn rates, the yield on benchmark 10-year Treasury notes rose to 1.2767% compared to its U.S. close of 1.258% on Tuesday. Germany’s 10-year yield, the benchmark for the euro area, was down 1 basis point at -0.475% by 0805 GMT, above the lowest in nearly two weeks of -0.501% touched on Tuesday.\nIn FX, the South Korean won led gains among Asian currencies after a six-day hammering prompted the finance ministry to monitor the currency market more closely. The New Zealand dollar recouped losses made after the Reserve Bank of New Zealand delayed a widely expected rise in interest rates as the country was put into a snap COVID-19 lockdown. The kiwi fell to a nine-month low of $0.6868 after the decision although it soon recovered, climbing back to $0.6919, as investors absorbed RBNZ projections showing policymakers still expect to raise rates over coming months.\n“They’ve said no go, because you’ve got COVID and too much uncertainty.Give it a few weeks, let the smoke clear then the tightening cycle is still on the table,” said Imre Speizer, head of NZ strategy at Westpac.\nThe Bloomberg Dollar Spot Index is little changed, faded Asia’s modest strength. SEK and GBP top the G-10 scoreboard, NZD lags although ranges are small. The euro touched a fresh year-to-date low earlier before reversing its losses; sentiment in options suggests a breach of the $1.17 handle is probable. The pound drifted in a narrow range after U.K. inflation eased in July. It’s the first time in four months that inflation rose less than economists had expected. Aussie steadied after yesterday’s loss; iron ore extended its rout as BHP Group warned it sees an increasing likelihood of “stern cuts” to China’s steel output this year.\nIn commodities, West Texas Intermediate crude rose above $67 per barrel after the American Petroleum Institute’s report that inventories fell last week outweighed concern over the impact of the pandemic on demand leading to four days of straight declines. Brent trades near $69.50. Spot gold trades a narrow range, holding in the green near $1,787/oz. Base metals are in the red with LME lead and aluminum under-performing.\nBitcoin advanced after two days of losses and traded around $45,500 apiece.\nLooking at the day ahead now, the main highlight will likely be the release of the FOMC minutes from the July meeting, while St. Louis Fed President Bullard will also be speaking. On the data side, there’s also US housing starts and building permits for July, along with the UK and Canadian CPI readings for that month. Finally, earnings releases include Nvidia, Cisco, Lowe’s, Target and TJX.\nMarket Wrap\n\nS&P 500 futures down 0.1% to 4,437.25\nSTOXX Europe 600 little changed at 473.73\nMXAP up 0.4% to 196.54\nMXAPJ up 0.5% to 644.48\nNikkei up 0.6% to 27,585.91\nTopix up 0.4% to 1,923.97\nHang Seng Index up 0.5% to 25,867.01\nShanghai Composite up 1.1% to 3,485.29\nSensex down 0.2% to 55,657.43\nAustralia S&P/ASX 200 down 0.1% to 7,502.15\nKospi up 0.5% to 3,158.93\nBrent Futures up 0.5% to $69.40/bbl\nGold spot up 0.1% to $1,787.22\nU.S. Dollar Index little changed at 93.07\nGerman 10Y yield rose 1.5 bps to -0.478%\nEuro little changed at $1.1719\n\nTop Overnight News from Bloomberg\n\nNew Zealand’s central bank refrained from raising interest rates during a coronavirus outbreak and nationwide lockdown, but signaled it intends to start tightening monetary policy soon.\nNew Zealand found six additional cases of Covid-19 as it began a nationwide lockdown, all connected to a single delta infection discovered Tuesday with a link to an outbreak in Australia. New South Wales state saw a surge in infections as the virus spreads throughout Sydney despite Australia’s largest city being in lockdown for almost two months.\nJapan’s export recovery showed signs of peaking in July, with shipments to China and Europe losing strength amid a global resurgence of the coronavirus.\nOil held a four-day drop driven by escalating concern that the spread of delta coronavirus variant is setting back the recovery in key economies, potentially jeopardizing a revival in energy consumption.\nPresident Xi Jinping said China must pursue “common prosperity,” in which wealth is shared by all people, as a key feature of a modern economy, while also curbing financial risks.\nThe U.S. has frozen nearly $9.5 billion in assets belonging to the Afghan central bank and stopped shipments of cash to the nation as it tries to keep a Taliban-led government from accessing the money, an administration official confirmed Tuesday.\nNorway’s $1.4 trillion sovereign wealth fund, the world’s biggest, generated a 9.4% return in the first half of the year after its investments in energy, finance and technology companies helped drive double-digit gains in its stock portfolio\nPresident Xi Jinping put China’s wealthiest citizens on notice Tuesday, offering an outline for “common prosperity” that includes income regulation and redistribution, according to state media reports\n\nA more detailed look at global markets courtesy of Newsquawk\nAsia-Pac bourses gradually improved and managed to shrug-off the early cautiousness stemming from the weak handover from Wall Street where the major indices snapped their streak of record closes. Upside in Asia was limited as participants digested a plethora of earnings releases. ASX 200 (-0.1%) was indecisive with outperformance in utilities and financials offset by losses in the mining-related sectors, while there was an abundance of earnings releases including BHP and Woodside Petroleum although their shares failed to benefit despite printing firmer results and the announcement a petroleum merger, with the headwinds due to weakness in underlying commodity prices. NZX 50 (+0.7%) was underpinned after the RBNZ surprisingly kept rates unchanged at 0.25% in which it cited the lockdown and uncertainty for its decision to refrain from a lift-off, while Nikkei 225 (+0.6%) gradually strengthened despite the initially choppy mood which was at the whim of the domestic currency and after mixed machinery orders and trade data. Hang Seng (+0.5%) and Shanghai Comp. (+1.1%) conformed to the mild positive bias with focus shifting to incoming earnings including Tencent which are due later today, while reports also noted that China vowed to increase the proportion of the middle-income group and is said to be seeking to raise rural consumption to as much as CNY 10tln. Finally, 10yr JGBs were lacklustre amid mixed data from Japan and with demand sapped after risk sentiment in Tokyo gradually improved, but with downside also stemmed given the BoJ’s presence in the market for over JPY 1.3tln of JGBs with 1yr-10yr maturities.\nTop Asian News\n\nJapan’s Faster Vaccine Rollout is Good News for the Economy\nJapan Cancels F1 Grand Prix for Second Year in a Row\nTaliban Ring Kabul Airport With Checkpoints: Afghanistan Update\nKorean Firm Moves With IPO to Fund Eco-friendly Ships: ECM Watch\n\nEuropean equities (Eurostoxx 50 -0.3%) trade with a mild negative bias as gains in the futures markets faded ahead of the cash open. Hopes had been for a firmer start to the session given the more upbeat tone seen in Asia-Pac bourses, however, a lack of fresh macro impulses from a European perspective saw enthusiasm wane amid holiday-thinned conditions. Stateside, futures are hugging the unchanged mark as investors await minutes from the FOMC’s July announcement and pre-market earnings from US retailer Target while Lowe's beat on top and bottom lines alongside raising FY21 guidance. Sectoral performance in Europe is relatively mixed with modest outperformance in Real Estate and Travel & Leisure names. Basic Resources lag peers as BHP gives back some of yesterday’s earnings-inspired gains with the Co. facing criticism over its decision to abandon its FTSE 100 listing in favour of Sydney. Individual movers are somewhat sparse as the region heads out of earnings season. That said, results from Alcon (+11.0%) and a subsequent guidance raise have sent their shares to the top of the Stoxx 600. Carlsberg (+2.8%) is also gaining post-earnings with the Co. increasing guidance and announcing a share buyback following a recovery in beer volumes. To the downside, Persimmon (-2.5%) sit near the foot of the FTSE 100 despite noting that current forward sales are up around 9% from pre-pandemic levels.\nTop European News\n\nWorld’s No. 1 Wealth Fund Makes $110 Billion as Stocks Soar\nTesla Wins Volkswagen’s Support in Push for India EV Tax Cut\nCarlsberg Raises Earnings Forecast Again as Bars Reopen\nPhilip Morris Buys 22.61% of Vectura’s Shares on the Market\n\nIn FX,the Sterling has pushed forward past its G10 peers with no clear catalyst behind the rise. UK CPI metrics fell short of expectations for July across the board with clothing and footwear, and a variety of recreational goods and services made the largest downward contributions, whilst the upside was led by rises in second hand vehicles. Pre-data, desks flagged a cooling of inflation as a by-product of the base effects from 2020 - with the August report expected to mark a pickup in inflation. GBP/USD rebounded from its current 1.3729 base back above 1.3750 ahead of its 200DMA at 1.3778. EUR/USD trades just north of 1.1700 having tested the level to the downside in the early hours, with technicians flagging 1.1695 as the next support point (38.2% fib of the 2020-21 move), a dip below that opens the door to 1.1688 (16th Oct low) ahead of the psychological 1.1650. The pair was unmoved by unrevised EZ CPI metrics across the board.\n\nDXY - The Buck is on a mildly softer footing as risk sentiment is seemingly more constructive than it had been earlier this week - with some desks also noting of a reversal in the crowded long USD. The Fed Chair kept his cards close to his chest during yesterday's appearance and ahead of tonight's FOMC minutes (full preview available in the Newsquawk research suite). DXY threatens a breach of 93.000 at the time of writing having had waned from its earlier 93.150 high, whilst the next point of support is still some way off at yesterday's 92.611 low.\nNZD, AUD, CAD - The non-US Dollars resided near the top of the G10 bunch in early European trade with mild gains but then lost the top spots to the EUR and GBP. Overnight, the RBNZ opted for a hawkish hold in its OCR vs dwindling expectations for a 25bps hike heading into the confab. The central bank's stance is being framed as hawkish nonetheless as it remains on a course towards removing monetary stimulus given the backdrop of strong economic data, with this decision merely a \"pause\" in the face of a COVID threat, whilst banks suggest that lockdown downfalls can be addressed by fiscal policy. NZD/USD saw a knee-jerk lower to a new YTD low (0.6868) upon the surprise hold but immediately retraced it and reclaimed a 0.6900 handle as the rate path saw sizeable upgrades across the board. NZD/USD however encounters some mild pressure as US players enter the fray and react to the RBNZ. The AUD/NZD cross similarly fleetingly spiked above 1.0500 to match yesterday's 1.0540 best before relinquishing the level. Meanwhile, AUD/USD traded subdued overnight as base metal prices continued to be impacted by Chinese intervention with the AUD/USD pair around the 0.7250 mark within a narrow 0.740-69 range. Elsewhere, the Loonie looks ahead to its inflation figures later in the session with the USD/CAD pair just north of 1.2600 but off the 1.2640 overnight high. Analysts at SocGen suggest that the pair above its 200 DMA (1.2560) opens the door for a rise closer towards 1.3000 - with the CAD-WTI correlation also strengthening over the past month to 0.5 from 0.25.\nJPY, CHF - The traditional safe-havens are flat with not much to report as traders look for the next catalyst. USD/JPY found support at 109.50 and just about eclipsed its 100 DMA at 109.65, with the 50 DMA then seen at 110.15. USD/CHF is sandwiched between its 50 and 100 DMA at 0.9148 and 0.9124 respectively.\n\nIn commodities,WTI and Brent front-month futures are on a mildly firmer footing, with the former around USD 67/bbl (vs low USD 66.42/bbl) and the latter around USD 69.50/bbl (vs low USD USD 68.90/bbl). However, in the grander scheme, prices are consolidating amid a lack of catalysts ahead of the FOMC policy decision. Last night's inventory report turned out to be mildly bullish but participants await confirmation from the EIA metrics later, with the headline seen drawing 1.055mln bbls. Another development to keep on the radar - India has begun selling oil from strategic reserves after a policy shift and as part of a plan to commercialise its storage and lease space. Meanwhile, spot gold and silver are overall little changed ahead of the FOMC minutes, with the former hitting interim resistance at USD 1,794/oz (vs low USD 1,787/oz). Some reports that have been gaining focus - US-listed Palantir has bought USD 50.7mln in gold bars and will be accepting payment in gold as the firm prepares for a \"black swan event\". Turning to base metals, LME copper is flat within a tight range amid a lack of catalysts. Elsewhere, Dalian iron ore future and Shanghai rebar futures again saw a session of hefty losses, with some traders citing steel producers re-selling iron ore bought under longer term contracts to miners after China cut its steel output target. Further, China's Dalian commodity exchange is to increase speculative margin requirements for September coke futures to 20%, as of the August 20th settlement.\nUS Event Calendar\n\n7am: Aug. MBA Mortgage Applications -3.9%, prior 2.8%\n8:30am: July Building Permits MoM, est. 1.0%, prior -5.1%, revised -5.3%\n8:30am: July Housing Starts MoM, est. -2.6%, prior 6.3%\n8:30am: July Building Permits, est. 1.61m, prior 1.6m, revised 1.59m\n8:30am: July Housing Starts, est. 1.6m, prior 1.64m\n2pm: July FOMC Meeting Minutes\n\nDB's Jim Reid concludes the overnight wrap\nGlobal equity markets continued to lose ground yesterday as investor angst ratcheted up further about the spread of the delta variant and the economic consequences of further virus outbreaks. Indeed, recent weeks have shown that even among those countries with a relatively good track record on containing the virus, a number have had to deal with repeated flareups, which suggests that there could be sustained disruption in the coming months, particularly as the northern hemisphere winter begins and people spend more time indoors where respiratory viruses spread more easily. New Zealand is just the latest example of this (more on which below), but separate surges in Australia and China of late have also magnified fears of a potential growth slowdown. And even in the US, which hasn’t been following an elimination strategy, they’ve moved from a situation in June where cases were rising at the slowest rate since March 2020, to now where they’re experiencing the most fastest increase in over 6 months.\nAmidst these jitters, the S&P 500 (-0.71%) fell back from its all-time high the previous day, with cyclicals leading the declines as part of a broad risk-off move. In this recent low-volatility market, that was actually the largest single-day drop for the S&P since July 19, which roughly erases the gains of the past three sessions. Given the delta concerns, some of the more Covid-sensitive assets were among the biggest underperformers, with the S&P 500 airlines index falling -2.68% yesterday in its 4th consecutive move lower. That leaves it -23.7% down from its closing high in April, back when there was far more optimism about a return to normality later in the year given the vaccine rollout. And other US indices fared badly as well, including the NASDAQ (-0.93%) and the small-cap Russell 2000 (-1.19%). Meanwhile on the earnings front, Home Depot (-4.27%) saw the largest decline in the Dow Jones after weaker-than-expected results, though Walmart (-0.03%) was “just” flat even after the company raised their full-year outlook.\nThe decline in risk appetite was reflected in other asset classes too, with oil prices continuing to fall as delta fears saw increasing questions being asked the strength of economic demand over the coming months. By the close, Brent Crude (-0.69%) and WTI (-1.04%) had both posted their 4th successive losses for the first time since March, and other cyclical commodities like copper (-2.80%) witnessed similar downward pressure. One exception to this were European equities, which were a bit more resilient having closed before the later selloff, and the STOXX 600 was up +0.07% by the close. That said, this masked a sharp regional divergence as southern European assets struggled in particular, with Italy’s FTSE MIB (-0.85%) and Spain’s IBEX 35 (-0.68%) both moving lower, just as the spread of Italian (+1.1bps) and Spanish (+0.8bps) 10yr yields over bunds widened for a 3rd day running.\nOvernight, one of the big pieces of news has come from the Reserve Bank of New Zealand, who maintained their Official Cash Rate at 0.25 per cent given the imposition of a nationwide lockdown. That lockdown was confirmed shortly after we went to press yesterday, and follows the discovery of the first community case for New Zealand since February. In response, the New Zealand dollar fell sharply, with the currency experiencing the worst performance in the G10 yesterday (-1.44% vs USD), although it’s recovered +0.28% this morning after RBNZ projections pointed to them still hiking rates at least once this year. Nevertheless, it was also confirmed last night that there were a further 6 cases on top of that, which raises the prospect of a further extension to the lockdown as New Zealand seeks to maintain its Covid elimination strategy. Meanwhile in Australia, which is dealing with its own surge, New South Wales recorded a record 633 new cases yesterday.\nElsewhere in Asia overnight, the risk-off sentiment has eased up this morning with the Nikkei (+0.74%) and the Hang Seng (+0.75%) on track to end a run of 4 successive declines, the Shanghai Comp (+0.67%) poised to end a run of 5 declines, and the Kospi (+0.92%) looking to end a run of 8 declines. Elsewhere, futures on the S&P 500 are up +0.10%.\nBack to yesterday, safe havens were once again one of the few winners given current conditions, with the US Dollar index (+0.54%) climbing to its highest level since late March, even as yields on 10yr US Treasuries were mostly unchanged (-0.3bps) at 1.262%, as were those on 10yr bunds (-0.2bps). We did hear from Fed Chair Powell in a town hall discussion with educators, but he said very little of relevance to investors, who are instead focusing on his speech at the Jackson Hole symposium next week.\nIn terms of the latest on the pandemic, New Zealand has been a major focus over the last 24 hours as mentioned, and the latest lockdown will see schools and most businesses closed over this period. In the US meanwhile, Reuters reported that the government is planning to extend mask mandates for travellers on airplanes, trains, and buses through January 18 at the earliest. Separately on the US, we’re expecting to hear from President Biden today on booster shots at 4:30pm ET, with the New York Times reporting that the recommendation will be that vaccinated individuals get a booster shot 8 months after their second dose. This would mean that some of the elderly and at-risk who were first vaccinated would be eligible as soon as next month.\nOn the ongoing crisis in Afghanistan, NATO chief Stoltenberg said the US, UK, Turkey, Norway, and other allies are working to securing Kabul airport and continue evacuations. The US announced they are aiming for a flight every hour, eventually hoping to fly 5-9k people out of the country per day, and that the operation could continue for a few weeks. That came as the Washington Post reported that the Biden administration had frozen Afghan government reserves in US bank accounts.\nLooking at yesterday’s data, there was a mixed bag of releases from the US that did little to clarify the outlook ahead Jackson Hole symposium. On the one hand, retail sales fell by -1.1% in July (vs. -0.3% expected), but industrial production was more resilient with growth of +0.9% (vs. +0.5% expected). Separately, the NAHB housing market index for August unexpectedly fell to 75 (vs. 80 expected). That’s its lowest level in over a year, though for context that still leaves it some way above its pre-pandemic levels.\nThere was more positive news on the UK labour market however, where the unemployment rate in the 3 months to June unexpectedly fell to 4.7% (vs. 4.8% expected). The report also showed that the number of payrolled employees was up +182k in July, marking the 8th consecutive increase, while the number of job vacancies in the three months to July rose to a record high of 953k. That leaves the focus on this morning’s CPI report, which follows the last couple of releases both surprising to the upside.\nTo the day ahead now, and the main highlight will likely be the release of the FOMC minutes from the July meeting, while St. Louis Fed President Bullard will also be speaking. On the data side, there’s also US housing starts and building permits for July, along with the UK and Canadian CPI readings for that month. Finally, earnings releases include Nvidia, Cisco, Lowe’s, Target and TJX.","news_type":1,"symbols_score_info":{".DJI":0.9,".IXIC":0.9,".SPX":0.9,"SPY":0.9}},"isVote":1,"tweetType":1,"viewCount":644,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":831103850,"gmtCreate":1629293376270,"gmtModify":1676529993761,"author":{"id":"3575954804845795","authorId":"3575954804845795","name":"carjang","avatar":"https://static.tigerbbs.com/732d4ecea777f9244e2d24307b0c180f","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3575954804845795","authorIdStr":"3575954804845795"},"themes":[],"htmlText":"Like and comment please&nbsp;","listText":"Like and comment please&nbsp;","text":"Like and comment 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