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2023-01-31
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Tech, Megacaps Drag Wall St to Lower Close As Big Market Week Kicks off
Apple, Alphabet, Amazon slide ahead of earningsFed decision on interest rates on WednesdayJ&J falls
Tech, Megacaps Drag Wall St to Lower Close As Big Market Week Kicks off
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2022-12-31
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2022-12-15
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U.S. Equities Tumble as Fed Shock Halts Global Rally
US equity-index futures and European stocks declined after the Federal Reserve rebuffed expectations
U.S. Equities Tumble as Fed Shock Halts Global Rally
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2022-12-01
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2022-11-28
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Warren Buffett Just Bought These 3 Dividend Stocks With Yields of Over 3%
KEY POINTSParamount Global now ranks as one of the highest-yielding stocks in Berkshire's portfolio.
Warren Buffett Just Bought These 3 Dividend Stocks With Yields of Over 3%
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2022-11-23
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Amazon Poised to Benefit This Season as Inflation Fears Ease
The company spooked investors with slowest-ever holiday quarter growth forecast, but consumers conti
Amazon Poised to Benefit This Season as Inflation Fears Ease
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2022-11-16
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What If the Fed’s Own Forecasts Are Wrong?
The Federal Reserve’s summary of Economic Projections in September doesn’t anticipate a recession in
What If the Fed’s Own Forecasts Are Wrong?
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2022-11-11
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2022-11-03
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2022-10-04
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US STOCKS-Wall Street Closes With Sharp Gains As Final Quarter Begins
Wall Street's three major indexes rallied to close over 2% on Monday as U.S. Treasury yields tumbled
US STOCKS-Wall Street Closes With Sharp Gains As Final Quarter Begins
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and comment thanks ","listText":"Like and comment thanks ","text":"Like and comment thanks","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":10,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/9955908510","repostId":"2307163732","repostType":4,"repost":{"id":"2307163732","kind":"highlight","weMediaInfo":{"introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"media_name":"Reuters","id":"1036604489","head_image":"https://static.tigerbbs.com/443ce19704621c837795676028cec868"},"pubTimestamp":1675119835,"share":"https://ttm.financial/m/news/2307163732?lang=&edition=full_marsco","pubTime":"2023-01-31 07:03","market":"us","language":"en","title":"Tech, Megacaps Drag Wall St to Lower Close As Big Market Week Kicks off","url":"https://stock-news.laohu8.com/highlight/detail?id=2307163732","media":"Reuters","summary":"Apple, Alphabet, Amazon slide ahead of earningsFed decision on interest rates on WednesdayJ&J falls ","content":"<html><head></head><body><ul><li>Apple, Alphabet, Amazon slide ahead of earnings</li><li>Fed decision on interest rates on Wednesday</li><li>J&J falls after U.S. court rejects talc-lawsuit strategy</li><li>Indexes down: Dow 0.77%, S&P 500 1.3%, Nasdaq 1.96%</li></ul><p><img src=\"https://static.tigerbbs.com/d32d07968eb6c5bf0977babdf94affad\" tg-width=\"1080\" tg-height=\"1920\" width=\"100%\" height=\"auto\"/></p><p>NEW YORK, Jan 30 (Reuters) - Major U.S. stock indexes sank on Monday, weighed down by declines in technology and other megacap shares, as investors looked toward a major week of events including central bank meetings and a slew of earnings reports.</p><p>The heavyweight tech sector dropped 1.9% while energy shed 2.3%, the biggest drop among the S&P 500 sectors. Shares of Apple Inc , Amazon.com Inc and Google parent Alphabet Inc , which are due to post results later this week, all slumped.</p><p>More than 100 S&P 500 companies are expected to report results this week, which also includes central bank meetings in the United States and Europe and closely watched U.S. employment data.</p><p>“The market has had a big run and the trading is a bit more cautious heading into a week which likely will be an inflection point for the overall market,” said Keith Lerner, co-chief investment officer at Truist Advisory Services.</p><p>The Dow Jones Industrial Average fell 260.99 points, or 0.77%, to 33,717.09, the S&P 500 lost 52.79 points, or 1.30%, to 4,017.77 and the Nasdaq Composite dropped 227.90 points, or 1.96%, to 11,393.81.</p><p>U.S. Treasury yields rose, providing another pressure point for tech shares that have otherwise rebounded to start the year after a rough 2022.</p><p>Despite Monday's declines, the S&P 500 remained on track to post its biggest January gain since 2019.</p><p>The U.S. central bank is seen hiking the Fed funds rate by 25 basis points at the end of its two-day policy meeting on Wednesday, following a 2022 in which the Fed aggressively boosted rates to control soaring inflation.</p><p>Fed Chair Jerome Powell's news conference will be scrutinized for whether the rate-hiking cycle may be coming to a close and for signs of how long rates could stay elevated.</p><p>“It’s probably <a href=\"https://laohu8.com/S/AONE.U\">one</a> of the most important meetings since the whole thing began," said Sameer Samana, senior global market strategist at Wells Fargo Investment Institute. "Unless the Fed extends that timeline meaningfully from what the market expects, which is that the Fed will be done in the next meeting or two, this may end up marking the pause, so to speak.”</p><p>Meanwhile, the European Central Bank is expected to deliver another large rate hike on Thursday.</p><p>Investors are also focused on earnings reports, amid concerns the economy may be facing a recession. With more than 140 companies having reported so far, S&P 500 earnings are expected to have fallen 3% in the fourth quarter compared with the prior-year period, according to Refinitiv IBES.</p><p>In company news, shares of Johnson & Johnson fell 3.7% after the healthcare giant's strategy to use bankruptcy to resolve the multibillion-dollar litigation over claims its talc products cause cancer was rejected by a federal appeals court.</p><p>Declining issues outnumbered advancing ones on the NYSE by a 2.40-to-1 ratio; on Nasdaq, a 2.08-to-1 ratio favored decliners.</p><p>The S&P 500 posted 5 new 52-week highs and no new lows; the Nasdaq Composite recorded 67 new highs and 20 new lows.</p><p>About 10.6 billion shares changed hands in U.S. exchanges, compared with the 11.2 billion daily average over the last 20 sessions.</p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Tech, Megacaps Drag Wall St to Lower Close As Big Market Week Kicks off</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\">\nTech, Megacaps Drag Wall St to Lower Close As Big Market Week Kicks off\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1036604489\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/443ce19704621c837795676028cec868);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Reuters </p>\n<p class=\"h-time\">2023-01-31 07:03</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><ul><li>Apple, Alphabet, Amazon slide ahead of earnings</li><li>Fed decision on interest rates on Wednesday</li><li>J&J falls after U.S. court rejects talc-lawsuit strategy</li><li>Indexes down: Dow 0.77%, S&P 500 1.3%, Nasdaq 1.96%</li></ul><p><img src=\"https://static.tigerbbs.com/d32d07968eb6c5bf0977babdf94affad\" tg-width=\"1080\" tg-height=\"1920\" width=\"100%\" height=\"auto\"/></p><p>NEW YORK, Jan 30 (Reuters) - Major U.S. stock indexes sank on Monday, weighed down by declines in technology and other megacap shares, as investors looked toward a major week of events including central bank meetings and a slew of earnings reports.</p><p>The heavyweight tech sector dropped 1.9% while energy shed 2.3%, the biggest drop among the S&P 500 sectors. Shares of Apple Inc , Amazon.com Inc and Google parent Alphabet Inc , which are due to post results later this week, all slumped.</p><p>More than 100 S&P 500 companies are expected to report results this week, which also includes central bank meetings in the United States and Europe and closely watched U.S. employment data.</p><p>“The market has had a big run and the trading is a bit more cautious heading into a week which likely will be an inflection point for the overall market,” said Keith Lerner, co-chief investment officer at Truist Advisory Services.</p><p>The Dow Jones Industrial Average fell 260.99 points, or 0.77%, to 33,717.09, the S&P 500 lost 52.79 points, or 1.30%, to 4,017.77 and the Nasdaq Composite dropped 227.90 points, or 1.96%, to 11,393.81.</p><p>U.S. Treasury yields rose, providing another pressure point for tech shares that have otherwise rebounded to start the year after a rough 2022.</p><p>Despite Monday's declines, the S&P 500 remained on track to post its biggest January gain since 2019.</p><p>The U.S. central bank is seen hiking the Fed funds rate by 25 basis points at the end of its two-day policy meeting on Wednesday, following a 2022 in which the Fed aggressively boosted rates to control soaring inflation.</p><p>Fed Chair Jerome Powell's news conference will be scrutinized for whether the rate-hiking cycle may be coming to a close and for signs of how long rates could stay elevated.</p><p>“It’s probably <a href=\"https://laohu8.com/S/AONE.U\">one</a> of the most important meetings since the whole thing began," said Sameer Samana, senior global market strategist at Wells Fargo Investment Institute. "Unless the Fed extends that timeline meaningfully from what the market expects, which is that the Fed will be done in the next meeting or two, this may end up marking the pause, so to speak.”</p><p>Meanwhile, the European Central Bank is expected to deliver another large rate hike on Thursday.</p><p>Investors are also focused on earnings reports, amid concerns the economy may be facing a recession. With more than 140 companies having reported so far, S&P 500 earnings are expected to have fallen 3% in the fourth quarter compared with the prior-year period, according to Refinitiv IBES.</p><p>In company news, shares of Johnson & Johnson fell 3.7% after the healthcare giant's strategy to use bankruptcy to resolve the multibillion-dollar litigation over claims its talc products cause cancer was rejected by a federal appeals court.</p><p>Declining issues outnumbered advancing ones on the NYSE by a 2.40-to-1 ratio; on Nasdaq, a 2.08-to-1 ratio favored decliners.</p><p>The S&P 500 posted 5 new 52-week highs and no new lows; the Nasdaq Composite recorded 67 new highs and 20 new lows.</p><p>About 10.6 billion shares changed hands in U.S. exchanges, compared with the 11.2 billion daily average over the last 20 sessions.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"LU0642271901.SGD":"Janus Henderson Horizon Global Technology Leaders A2 SGD-H","IE0004445015.USD":"JANUS HENDERSON BALANCED \"A2\" (USD) ACC","LU0354030511.USD":"ALLSPRING U.S. LARGE CAP GROWTH \"I\" (USD) ACC","IE00BKVL7J92.USD":"Legg Mason ClearBridge - US Equity Sustainability Leaders A Acc USD","LU0456855351.SGD":"JPMorgan Funds - Global Equity A (acc) SGD","IE0009356076.USD":"JANUS HENDERSON GLOBAL TECHNOLOGY AND INNOVATION \"A2\" (USD) ACC","BK4538":"云计算",".DJI":"道琼斯","IE00BJJMRY28.SGD":"Janus Henderson Balanced A Inc SGD",".IXIC":"NASDAQ Composite","LU0061474960.USD":"天利环球焦点基金AU Acc","LU0557290698.USD":"施罗德环球可持续增长基金","SG9999014898.SGD":"United Global Quality Growth Fund Dis SGD","LU0238689110.USD":"贝莱德环球动力股票基金","IE00B3S45H60.SGD":"Neuberger Berman US Multicap Opportunities A Acc SGD-H","SG9999018865.SGD":"United Global Quality Growth Fd Cl Dist SGD-H","LU0130103400.USD":"Natixis Harris Associates Global Equity RA USD","LU0889565833.HKD":"FRANKLIN TECHNOLOGY \"A\" (HKD) ACC","LU0312595415.SGD":"Schroder ISF Global Climate Change Equity A Acc SGD","SG9999014906.USD":"大华全球优质成长基金Acc USD","BK4527":"明星科技股","GOOG":"谷歌","LU1201861249.SGD":"Natixis Harris Associates US Equity PA SGD-H","LU0097036916.USD":"贝莱德美国增长A2 USD","BK4077":"互动媒体与服务","LU1316542783.SGD":"Janus Henderson Horizon Global Technology Leaders A2 SGD","LU0980610538.SGD":"Natixis Harris Associates US Equity RA SGD-H","LU0861579265.USD":"联博低波幅策略股票基金A","BK4576":"AR","BK4514":"搜索引擎","LU1046421795.USD":"富达环球科技A-ACC","IE00B1BXHZ80.USD":"Legg Mason ClearBridge - US Appreciation A Acc USD","IE00BSNM7G36.USD":"NEUBERGER BERMAN SYSTEMATIC GLOBAL SUSTAINABLE VALUE \"A\" (USD) ACC","IE0004445239.USD":"JANUS HENDERSON US FORTY \"A2\" (USD) ACC","IE0034235188.USD":"PINEBRIDGE GLOBAL FOCUS EQUITY \"A\" (USD) ACC"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2307163732","content_text":"Apple, Alphabet, Amazon slide ahead of earningsFed decision on interest rates on WednesdayJ&J falls after U.S. court rejects talc-lawsuit strategyIndexes down: Dow 0.77%, S&P 500 1.3%, Nasdaq 1.96%NEW YORK, Jan 30 (Reuters) - Major U.S. stock indexes sank on Monday, weighed down by declines in technology and other megacap shares, as investors looked toward a major week of events including central bank meetings and a slew of earnings reports.The heavyweight tech sector dropped 1.9% while energy shed 2.3%, the biggest drop among the S&P 500 sectors. Shares of Apple Inc , Amazon.com Inc and Google parent Alphabet Inc , which are due to post results later this week, all slumped.More than 100 S&P 500 companies are expected to report results this week, which also includes central bank meetings in the United States and Europe and closely watched U.S. employment data.“The market has had a big run and the trading is a bit more cautious heading into a week which likely will be an inflection point for the overall market,” said Keith Lerner, co-chief investment officer at Truist Advisory Services.The Dow Jones Industrial Average fell 260.99 points, or 0.77%, to 33,717.09, the S&P 500 lost 52.79 points, or 1.30%, to 4,017.77 and the Nasdaq Composite dropped 227.90 points, or 1.96%, to 11,393.81.U.S. Treasury yields rose, providing another pressure point for tech shares that have otherwise rebounded to start the year after a rough 2022.Despite Monday's declines, the S&P 500 remained on track to post its biggest January gain since 2019.The U.S. central bank is seen hiking the Fed funds rate by 25 basis points at the end of its two-day policy meeting on Wednesday, following a 2022 in which the Fed aggressively boosted rates to control soaring inflation.Fed Chair Jerome Powell's news conference will be scrutinized for whether the rate-hiking cycle may be coming to a close and for signs of how long rates could stay elevated.“It’s probably one of the most important meetings since the whole thing began,\" said Sameer Samana, senior global market strategist at Wells Fargo Investment Institute. \"Unless the Fed extends that timeline meaningfully from what the market expects, which is that the Fed will be done in the next meeting or two, this may end up marking the pause, so to speak.”Meanwhile, the European Central Bank is expected to deliver another large rate hike on Thursday.Investors are also focused on earnings reports, amid concerns the economy may be facing a recession. With more than 140 companies having reported so far, S&P 500 earnings are expected to have fallen 3% in the fourth quarter compared with the prior-year period, according to Refinitiv IBES.In company news, shares of Johnson & Johnson fell 3.7% after the healthcare giant's strategy to use bankruptcy to resolve the multibillion-dollar litigation over claims its talc products cause cancer was rejected by a federal appeals court.Declining issues outnumbered advancing ones on the NYSE by a 2.40-to-1 ratio; on Nasdaq, a 2.08-to-1 ratio favored decliners.The S&P 500 posted 5 new 52-week highs and no new lows; the Nasdaq Composite recorded 67 new highs and 20 new lows.About 10.6 billion shares changed hands in U.S. exchanges, compared with the 11.2 billion daily average over the last 20 sessions.","news_type":1,"symbols_score_info":{".DJI":0.9,".IXIC":0.9,"GOOG":0.9}},"isVote":1,"tweetType":1,"viewCount":2328,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9927506364,"gmtCreate":1672529395359,"gmtModify":1676538700831,"author":{"id":"3555312962232191","authorId":"3555312962232191","name":"elite","avatar":"https://static.tigerbbs.com/2601d446a3f18f0e9bf7927e9dc30a0e","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3555312962232191","authorIdStr":"3555312962232191"},"themes":[],"htmlText":"NO problems ","listText":"NO problems ","text":"NO problems","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/9927506364","repostId":"1124790458","repostType":4,"isVote":1,"tweetType":1,"viewCount":4300,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9921461217,"gmtCreate":1671113995439,"gmtModify":1676538492542,"author":{"id":"3555312962232191","authorId":"3555312962232191","name":"elite","avatar":"https://static.tigerbbs.com/2601d446a3f18f0e9bf7927e9dc30a0e","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3555312962232191","authorIdStr":"3555312962232191"},"themes":[],"htmlText":"No worries ","listText":"No worries ","text":"No worries","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/9921461217","repostId":"1152990574","repostType":4,"repost":{"id":"1152990574","kind":"news","pubTimestamp":1671101246,"share":"https://ttm.financial/m/news/1152990574?lang=&edition=full_marsco","pubTime":"2022-12-15 18:47","market":"us","language":"en","title":"U.S. Equities Tumble as Fed Shock Halts Global Rally","url":"https://stock-news.laohu8.com/highlight/detail?id=1152990574","media":"Bloomberg","summary":"US equity-index futures and European stocks declined after the Federal Reserve rebuffed expectations","content":"<html><head></head><body><p>US equity-index futures and European stocks declined after the Federal Reserve rebuffed expectations for a dovish tilt and said interest rates will go higher for longer.</p><p>Contracts on the S&P 500 and Nasdaq 100 gauges fell at least 1.1% each. Demand for haven assets sent the dollar and Swiss franc higher amid a wave of rate hikes from Taiwan to Norway. The euro halted a two-day advance as traders awaited policy decisions from the European Central Bank and Bank of England. Oil slid on signs of increasing supply. Tesla Inc. dropped in premarket New York trading after Elon Musk sold $3.6 billion of shares.</p><p>A global rally sparked by softer-than-forecast US inflation came to an abrupt halt on Wednesday after policymakers signaled a peak rate that was far above market expectations and sought to dispel hopes for a rate cut next year. Chair Jerome Powell reaffirmed the central bank won’t back away from its fight against inflation despite mounting fears of job losses and a recession.</p><p>“The Fed was more hawkish than markets had expected,” Jack McIntyre, a money manager at Brandywine Global Investment Management, wrote in a note. “They seemingly still want financial markets to tighten further, which essentially means they want lower equity prices.”</p><p>An index of the dollar’s strength headed for the biggest gain since Dec. 5. The euro fell from a six-month high, while Britain’s pound declined for the first time in seven days. The ECB and BOE are expected to follow the Fed with half-point hikes.</p><p>The Swiss franc held its gain after the nation’s central bank doubled the policy rate to 1% as forecast. China’s yuan fell.</p><p>Europe’s equity benchmark, the Stoxx 600, tumbled the most since Nov. 3, dragged by consumer and retail shares. Tesla dropped 2.6% in early New York trading after Chief Executive Officer Musk sold almost 22 million shares of the electric-car maker for $3.58 billion. Western Digital Corp. lost 4.1% as Goldman Sachs Group Inc. recommended selling the stock.</p><p>Shorter-dated Treasury yields edged higher, with the two-year rate adding 3 basis points. The 10-year rate was little changed as investors weighed the economic impact of Fed’s hawkishness.</p><p>Oil slipped after rallying almost 9% over the previous three sessions as TC Energy Corp. restarted a section of the Keystone pipeline, allowing for some flows to resume on the major conduit.</p><p>Key events this week:</p><ul><li>ECB rate decision and ECB President Lagarde briefing, Thursday</li><li>Rate decisions for UK BOE, Mexico, Norway, Philippines, Switzerland, Taiwan, Thursday</li><li>US cross-border investment, business inventories, empire manufacturing, retail sales, initial jobless claims, industrial production, Thursday</li><li>Eurozone S&P Global PMI, CPI, Friday</li></ul><p>Some of the main moves in markets:</p><p>Stocks</p><ul><li>The Stoxx Europe 600 fell 1.2% as of 10:09 a.m. London time</li><li>Futures on the S&P 500 fell 1.1%</li><li>Futures on the Nasdaq 100 fell 1.3%</li><li>Futures on the Dow Jones Industrial Average fell 0.8%</li><li>The MSCI Asia Pacific Index fell 1.5%</li><li>The MSCI Emerging Markets Index fell 1.3%</li></ul><p>Currencies</p><ul><li>The Bloomberg Dollar Spot Index rose 0.6%</li><li>The euro fell 0.6% to $1.0621</li><li>The Japanese yen fell 0.8% to 136.62 per dollar</li><li>The offshore yuan fell 0.5% to 6.9770 per dollar</li><li>The British pound fell 0.7% to $1.2338</li></ul><p>Cryptocurrencies</p><ul><li>Bitcoin fell 0.8% to $17,691.21</li><li>Ether fell 1.7% to $1,287.85</li></ul><p>Bonds</p><ul><li>The yield on 10-year Treasuries was little changed at 3.48%</li><li>Germany’s 10-year yield declined two basis points to 1.92%</li><li>Britain’s 10-year yield declined eight basis points to 3.24%</li></ul><p>Commodities</p><ul><li>Brent crude fell 0.1% to $82.58 a barrel</li><li>Spot gold fell 1.6% to $1,778.12 an ounce</li></ul><p>Volatility</p><ul><li>VIX rose 2.74% to 21.72</li><li>VIXmain rose 1.29% to 23.5</li></ul></body></html>","source":"lsy1584095487587","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>U.S. Equities Tumble as Fed Shock Halts Global Rally</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; 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height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nU.S. Equities Tumble as Fed Shock Halts Global Rally\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-12-15 18:47 GMT+8 <a href=https://www.bloomberg.com/news/articles/2022-12-14/asian-stocks-to-open-lower-after-hawkish-fed-view-markets-wrap?srnd=markets-vp><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>US equity-index futures and European stocks declined after the Federal Reserve rebuffed expectations for a dovish tilt and said interest rates will go higher for longer.Contracts on the S&P 500 and ...</p>\n\n<a href=\"https://www.bloomberg.com/news/articles/2022-12-14/asian-stocks-to-open-lower-after-hawkish-fed-view-markets-wrap?srnd=markets-vp\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"VIX":"标普500波动率指数"},"source_url":"https://www.bloomberg.com/news/articles/2022-12-14/asian-stocks-to-open-lower-after-hawkish-fed-view-markets-wrap?srnd=markets-vp","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1152990574","content_text":"US equity-index futures and European stocks declined after the Federal Reserve rebuffed expectations for a dovish tilt and said interest rates will go higher for longer.Contracts on the S&P 500 and Nasdaq 100 gauges fell at least 1.1% each. Demand for haven assets sent the dollar and Swiss franc higher amid a wave of rate hikes from Taiwan to Norway. The euro halted a two-day advance as traders awaited policy decisions from the European Central Bank and Bank of England. Oil slid on signs of increasing supply. Tesla Inc. dropped in premarket New York trading after Elon Musk sold $3.6 billion of shares.A global rally sparked by softer-than-forecast US inflation came to an abrupt halt on Wednesday after policymakers signaled a peak rate that was far above market expectations and sought to dispel hopes for a rate cut next year. Chair Jerome Powell reaffirmed the central bank won’t back away from its fight against inflation despite mounting fears of job losses and a recession.“The Fed was more hawkish than markets had expected,” Jack McIntyre, a money manager at Brandywine Global Investment Management, wrote in a note. “They seemingly still want financial markets to tighten further, which essentially means they want lower equity prices.”An index of the dollar’s strength headed for the biggest gain since Dec. 5. The euro fell from a six-month high, while Britain’s pound declined for the first time in seven days. The ECB and BOE are expected to follow the Fed with half-point hikes.The Swiss franc held its gain after the nation’s central bank doubled the policy rate to 1% as forecast. China’s yuan fell.Europe’s equity benchmark, the Stoxx 600, tumbled the most since Nov. 3, dragged by consumer and retail shares. Tesla dropped 2.6% in early New York trading after Chief Executive Officer Musk sold almost 22 million shares of the electric-car maker for $3.58 billion. Western Digital Corp. lost 4.1% as Goldman Sachs Group Inc. recommended selling the stock.Shorter-dated Treasury yields edged higher, with the two-year rate adding 3 basis points. The 10-year rate was little changed as investors weighed the economic impact of Fed’s hawkishness.Oil slipped after rallying almost 9% over the previous three sessions as TC Energy Corp. restarted a section of the Keystone pipeline, allowing for some flows to resume on the major conduit.Key events this week:ECB rate decision and ECB President Lagarde briefing, ThursdayRate decisions for UK BOE, Mexico, Norway, Philippines, Switzerland, Taiwan, ThursdayUS cross-border investment, business inventories, empire manufacturing, retail sales, initial jobless claims, industrial production, ThursdayEurozone S&P Global PMI, CPI, FridaySome of the main moves in markets:StocksThe Stoxx Europe 600 fell 1.2% as of 10:09 a.m. London timeFutures on the S&P 500 fell 1.1%Futures on the Nasdaq 100 fell 1.3%Futures on the Dow Jones Industrial Average fell 0.8%The MSCI Asia Pacific Index fell 1.5%The MSCI Emerging Markets Index fell 1.3%CurrenciesThe Bloomberg Dollar Spot Index rose 0.6%The euro fell 0.6% to $1.0621The Japanese yen fell 0.8% to 136.62 per dollarThe offshore yuan fell 0.5% to 6.9770 per dollarThe British pound fell 0.7% to $1.2338CryptocurrenciesBitcoin fell 0.8% to $17,691.21Ether fell 1.7% to $1,287.85BondsThe yield on 10-year Treasuries was little changed at 3.48%Germany’s 10-year yield declined two basis points to 1.92%Britain’s 10-year yield declined eight basis points to 3.24%CommoditiesBrent crude fell 0.1% to $82.58 a barrelSpot gold fell 1.6% to $1,778.12 an ounceVolatilityVIX rose 2.74% to 21.72VIXmain rose 1.29% to 23.5","news_type":1,"symbols_score_info":{"BZmain":0.9,"CLmain":0.9,"ESmain":0.9,"GCmain":0.9,"NQmain":0.9,"VIX":0.9,"VIXmain":0.9,"YMmain":0.9}},"isVote":1,"tweetType":1,"viewCount":1775,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9965000030,"gmtCreate":1669853519420,"gmtModify":1676538256158,"author":{"id":"3555312962232191","authorId":"3555312962232191","name":"elite","avatar":"https://static.tigerbbs.com/2601d446a3f18f0e9bf7927e9dc30a0e","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3555312962232191","authorIdStr":"3555312962232191"},"themes":[],"htmlText":"No problems ","listText":"No problems ","text":"No problems","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/9965000030","repostId":"2288162926","repostType":4,"isVote":1,"tweetType":1,"viewCount":2299,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9966744097,"gmtCreate":1669672129119,"gmtModify":1676538219682,"author":{"id":"3555312962232191","authorId":"3555312962232191","name":"elite","avatar":"https://static.tigerbbs.com/2601d446a3f18f0e9bf7927e9dc30a0e","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3555312962232191","authorIdStr":"3555312962232191"},"themes":[],"htmlText":"Like and comment thanks ","listText":"Like and comment thanks ","text":"Like and comment thanks","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":5,"repostSize":0,"link":"https://ttm.financial/post/9966744097","repostId":"2286590595","repostType":4,"repost":{"id":"2286590595","kind":"highlight","pubTimestamp":1669650405,"share":"https://ttm.financial/m/news/2286590595?lang=&edition=full_marsco","pubTime":"2022-11-28 23:46","market":"us","language":"en","title":"Warren Buffett Just Bought These 3 Dividend Stocks With Yields of Over 3%","url":"https://stock-news.laohu8.com/highlight/detail?id=2286590595","media":"Motley Fool","summary":"KEY POINTSParamount Global now ranks as one of the highest-yielding stocks in Berkshire's portfolio.","content":"<html><head></head><body><p>KEY POINTS</p><ul><li>Paramount Global now ranks as one of the highest-yielding stocks in Berkshire's portfolio.</li><li>Buffett could be buying even more of Jefferies Financial Group.</li><li>Berkshire's adding to its position in Chevron in Q3 wasn't surprising.</li></ul><p>Don't believe for one second that Warren Buffett doesn't think about dividends. In his latest letter to <b>Berkshire Hathaway</b> (NYSE: BRK.A) (NYSE: BRK.B) shareholders, he mentioned that the company received $785 million in dividends from just one stock in 2021 (it was <b>Apple</b>).</p><p>Buffett's recent buys for Berkshire's portfolio also hints that dividends might have been on his mind. In the third quarter of 2022, he purchased eight stocks. Seven of them pay dividends. A few of them offer dividends that are quite attractive. Buffett just bought these three dividend stocks with yields of over 3%.</p><h2>1. <a href=\"https://laohu8.com/S/PARA\">Paramount Global</a></h2><p><b><a href=\"https://laohu8.com/S/PARAA\">Paramount Global</a></b> (NASDAQ: PARA) stands out as Buffett's only high-yield purchase in the third quarter. The media company's dividend yield currently tops 5.1%.</p><p>Buffett's history with Paramount goes back to when the company was known as Viacom. He led Berkshire to open a position in Viacom in 2012. While the legendary investor later sold all of those shares, he apparently regained an interest in the stock in the first quarter of this year and has kept on buying.</p><p>Berkshire now owns 15% of <a href=\"https://laohu8.com/S/PARAP\">Paramount Global</a>'s outstanding class B shares. The stock hasn't been a winner for Buffett so far, though, with a year-to-date decline of close to 40%.</p><p>What does the multibillionaire investor like about Paramount (other than its dividend)? Its valuation probably ranks high on the list. The stock trades below 12.8 times expected earnings.</p><h2>2. <a href=\"https://laohu8.com/S/JEF\">Jefferies Financial Group</a></h2><p>Buffett has long been a fan of bank stocks. But he's become less enamored of the financial services sector lately. That's what makes Berkshire's new position in <b>Jefferies Financial Group</b> (NYSE: JEF) somewhat surprising.</p><p>With a market cap of under $9 billion, Jefferies is much smaller than the other banks in Berkshire's portfolio. Unlike those other bigger corporations, Jefferies focuses only on investment banking and doesn't have a commercial banking unit. But it offers a dividend that rivals the big boys with a yield of more than 3.2%.</p><p>Jefferies' stock has also outgained Berkshire's other bank stocks so far this year. However, Buffett's investment in the company played a key role in that outperformance.</p><p>Berkshire owns only a tiny position in Jefferies, though. That could indicate that Buffett and his team began buying in the latter part of the third quarter and are continuing to scoop up shares in the fourth quarter.</p><h2>3. <a href=\"https://laohu8.com/S/CVX\">Chevron</a></h2><p>It wasn't surprising whatsoever that Buffett added to his position in <b>Chevron</b> (NYSE: CVX) in the third quarter. The oil and gas giant is Berkshire's third-largest holding, including shares owned by its New England Asset Management subsidiary.</p><p>Chevron's dividend yield of 3.1% is lower than it's been throughout much of the past 10 years. That's not because the company has cut its dividend, though. Actually, Chevron is a Dividend Aristocrat with 35 consecutive years of dividend increases.</p><p>Instead, the company's dividend yield is lower because its stock price has risen so much. Chevron stock has soared nearly 60% year to date. That follows a 39% gain in 2021.</p><p>Buffett seems to still think Chevron is attractively valued. Its shares trade at 11.2 times expected earnings. There's a good chance that this stock -- and its dividend -- go even higher.</p></body></html>","source":"motleyfoolau_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>Warren Buffett Just Bought These 3 Dividend Stocks With Yields of Over 3%</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\">\nWarren Buffett Just Bought These 3 Dividend Stocks With Yields of Over 3%\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-11-28 23:46 GMT+8 <a href=https://www.fool.com.au/2022/11/28/warren-buffett-just-bought-these-3-dividend-stocks-with-yields-of-over-3-usfeed/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>KEY POINTSParamount Global now ranks as one of the highest-yielding stocks in Berkshire's portfolio.Buffett could be buying even more of Jefferies Financial Group.Berkshire's adding to its position in...</p>\n\n<a href=\"https://www.fool.com.au/2022/11/28/warren-buffett-just-bought-these-3-dividend-stocks-with-yields-of-over-3-usfeed/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"JEF":"杰富瑞","CVX":"雪佛龙","PARA":"Paramount Global"},"source_url":"https://www.fool.com.au/2022/11/28/warren-buffett-just-bought-these-3-dividend-stocks-with-yields-of-over-3-usfeed/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2286590595","content_text":"KEY POINTSParamount Global now ranks as one of the highest-yielding stocks in Berkshire's portfolio.Buffett could be buying even more of Jefferies Financial Group.Berkshire's adding to its position in Chevron in Q3 wasn't surprising.Don't believe for one second that Warren Buffett doesn't think about dividends. In his latest letter to Berkshire Hathaway (NYSE: BRK.A) (NYSE: BRK.B) shareholders, he mentioned that the company received $785 million in dividends from just one stock in 2021 (it was Apple).Buffett's recent buys for Berkshire's portfolio also hints that dividends might have been on his mind. In the third quarter of 2022, he purchased eight stocks. Seven of them pay dividends. A few of them offer dividends that are quite attractive. Buffett just bought these three dividend stocks with yields of over 3%.1. Paramount GlobalParamount Global (NASDAQ: PARA) stands out as Buffett's only high-yield purchase in the third quarter. The media company's dividend yield currently tops 5.1%.Buffett's history with Paramount goes back to when the company was known as Viacom. He led Berkshire to open a position in Viacom in 2012. While the legendary investor later sold all of those shares, he apparently regained an interest in the stock in the first quarter of this year and has kept on buying.Berkshire now owns 15% of Paramount Global's outstanding class B shares. The stock hasn't been a winner for Buffett so far, though, with a year-to-date decline of close to 40%.What does the multibillionaire investor like about Paramount (other than its dividend)? Its valuation probably ranks high on the list. The stock trades below 12.8 times expected earnings.2. Jefferies Financial GroupBuffett has long been a fan of bank stocks. But he's become less enamored of the financial services sector lately. That's what makes Berkshire's new position in Jefferies Financial Group (NYSE: JEF) somewhat surprising.With a market cap of under $9 billion, Jefferies is much smaller than the other banks in Berkshire's portfolio. Unlike those other bigger corporations, Jefferies focuses only on investment banking and doesn't have a commercial banking unit. But it offers a dividend that rivals the big boys with a yield of more than 3.2%.Jefferies' stock has also outgained Berkshire's other bank stocks so far this year. However, Buffett's investment in the company played a key role in that outperformance.Berkshire owns only a tiny position in Jefferies, though. That could indicate that Buffett and his team began buying in the latter part of the third quarter and are continuing to scoop up shares in the fourth quarter.3. ChevronIt wasn't surprising whatsoever that Buffett added to his position in Chevron (NYSE: CVX) in the third quarter. The oil and gas giant is Berkshire's third-largest holding, including shares owned by its New England Asset Management subsidiary.Chevron's dividend yield of 3.1% is lower than it's been throughout much of the past 10 years. That's not because the company has cut its dividend, though. Actually, Chevron is a Dividend Aristocrat with 35 consecutive years of dividend increases.Instead, the company's dividend yield is lower because its stock price has risen so much. Chevron stock has soared nearly 60% year to date. That follows a 39% gain in 2021.Buffett seems to still think Chevron is attractively valued. Its shares trade at 11.2 times expected earnings. There's a good chance that this stock -- and its dividend -- go even higher.","news_type":1,"symbols_score_info":{"CVX":1,"JEF":1,"PARA":1}},"isVote":1,"tweetType":1,"viewCount":1762,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9968664684,"gmtCreate":1669214156148,"gmtModify":1676538168209,"author":{"id":"3555312962232191","authorId":"3555312962232191","name":"elite","avatar":"https://static.tigerbbs.com/2601d446a3f18f0e9bf7927e9dc30a0e","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3555312962232191","authorIdStr":"3555312962232191"},"themes":[],"htmlText":"Like and comment thanks ","listText":"Like and comment thanks ","text":"Like and comment thanks","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":7,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/9968664684","repostId":"1113183258","repostType":4,"repost":{"id":"1113183258","kind":"news","pubTimestamp":1669210983,"share":"https://ttm.financial/m/news/1113183258?lang=&edition=full_marsco","pubTime":"2022-11-23 21:43","market":"us","language":"en","title":"Amazon Poised to Benefit This Season as Inflation Fears Ease","url":"https://stock-news.laohu8.com/highlight/detail?id=1113183258","media":"Bloomberg","summary":"The company spooked investors with slowest-ever holiday quarter growth forecast, but consumers conti","content":"<html><head></head><body><p>The company spooked investors with slowest-ever holiday quarter growth forecast, but consumers continue to spend.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/a643c9f5dff7bc0cda7353a97336e3b7\" tg-width=\"1000\" tg-height=\"667\" width=\"100%\" height=\"auto\"/><span>Low visibility: High prices, rising interest rates and the war in Ukraine are making seasonal forecasts unusually difficult this year.Photographer: Elijah Nouvelage/Bloomberg</span></p><p>Amazon.com Inc. spooked investors last month when it predicted the slowest holiday season growth in its history. Now there are signs—albeit tentative—that the world’s largest e-commerce company could have a somewhat merrier Christmas than anticipated.</p><p>Inflation has eased in recent weeks and, according to survey results released Sunday by Jefferies Financial Group, US consumers see prices moderating in all categories except rent and groceries. Americans continue to spend despite rising interest rates, with October retail sales increasing the most in eight months. Analysts, meanwhile, expect Amazon to hit the higher end of its fourth-quarter forecast, with revenue growing 6.7% to $146.6 billion, according to data compiled by Bloomberg. That’s still a slowdown from last year’s 9.4%growth but hardly a disaster.</p><p>Asked about Amazon’s holiday prospects during an earnings call in October, Chief Financial Officer Brian Olsavsky expressed measured optimism but acknowledged that various headwinds—inflation, rising interest rates, the war in Ukraine—made prognostication unusually difficult this year. Indeed, two data tracking firms have decidedly different forecasts.Last week, Insider Intelligence said it expected online sales in November and December to rise 12% from a year earlier and faster than last year’s growth of 10.4%.Yet in October, Adobe Inc. predicted an increase of just 2.5%, a marked slowdown from its 8.6% growth tally in 2021.</p><p>The picture will become somewhat clearer following the so-called Cyber Five period that kicks off on Thanksgiving and runs through Black Friday and Cyber Monday. Though Americans have been spreading their holiday shopping over a longer period in recent years, those five days are expected to account forabout a sixth of the season’s buying.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/5578603d902de3cc6133e00ec74c14c4\" tg-width=\"1000\" tg-height=\"666\" width=\"100%\" height=\"auto\"/><span>An Amazon delivery truck in San Francisco.Photographer: David Paul Morris/Bloomberg</span></p><p>“We’ll know after Cyber Monday if shoppers are really cutting back or if they’re just waiting for big discounts,” said Dan Brownsher, chief executive officer of Channel Key,an e-commerce consulting firm with 70 clients that generate more than $100 million in combined annual revenue. “Cyber Five is the prime time, when all the deals are running and all the traffic is happening. We just don’t know yet.”</p><p>Despite the layoffs in technology, finance and real estate, most people are working and hungry for bargains, said Andrew Lipsman, an Insider Intelligence analyst. Retailers got away with meager discounts of 10% to 20% last year because consumers were warned about supply-chain issues and eager to buy whatever they could find. This year they’ll see discounts in the range of 30% to 40% since retailers are competing with one another to clear out inventory, he said.</p><p>“We have entered a heavier discounting environment, and consumers are deal-seeking,” Lipsman said. “Consumers are rankled by inflation, but they still have disposable income.”</p><p>For Amazon merchants, who account for more than half of the company’s online sales, much depends on what they sell. Some categories aren’t expected to do especially well this holiday season. Adobe, for one, predicts that online apparel sales will suffer because customers are returning to the stores, where they can see garments and try them on.</p><p>Electronics could be another casualty, in part because many Americans loaded up on televisions, computers and accessories during the pandemic and aren’t ready to upgrade.</p><p>Bernie Thompson, chief technology officer at Plugable in Redmond, Washington, said searches for laptop docking stations and other products were down about 20% so far in November compared with the previous month. This could be the first time his Amazon sales decline since he began selling on the platform in 2009, he said. Thompson is cutting prices and increasing his advertising budget to try to juice sales.</p><p>“We expected to have a whip effect in consumer electronics from scarcity to glut, but it happened a lot faster than anyone thought,” he said. “None of this is disastrous. So far it’s just difficult.”</p><p>Jason Boyce,whose Avenue7Media helps about 100 businesses sell online, said most of his clients carry premium products and haven’t experienced a drop in demand. One of the bestselling products is a mattress topper, sales of which continue to grow despite competing products on Amazon that are priced much lower.</p><p>“Our motto is price high and justify,” he said. “I’m just not seeing the signs of the pending downturn like we do in the news now.”</p></body></html>","source":"lsy1584095487587","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Amazon Poised to Benefit This Season as Inflation Fears Ease</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\">\nAmazon Poised to Benefit This Season as Inflation Fears Ease\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-11-23 21:43 GMT+8 <a href=https://www.bloomberg.com/news/articles/2022-11-23/amazon-poised-to-benefit-this-season-as-inflation-fears-ease?srnd=technology-vp><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>The company spooked investors with slowest-ever holiday quarter growth forecast, but consumers continue to spend.Low visibility: High prices, rising interest rates and the war in Ukraine are making ...</p>\n\n<a href=\"https://www.bloomberg.com/news/articles/2022-11-23/amazon-poised-to-benefit-this-season-as-inflation-fears-ease?srnd=technology-vp\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"AMZN":"亚马逊"},"source_url":"https://www.bloomberg.com/news/articles/2022-11-23/amazon-poised-to-benefit-this-season-as-inflation-fears-ease?srnd=technology-vp","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1113183258","content_text":"The company spooked investors with slowest-ever holiday quarter growth forecast, but consumers continue to spend.Low visibility: High prices, rising interest rates and the war in Ukraine are making seasonal forecasts unusually difficult this year.Photographer: Elijah Nouvelage/BloombergAmazon.com Inc. spooked investors last month when it predicted the slowest holiday season growth in its history. Now there are signs—albeit tentative—that the world’s largest e-commerce company could have a somewhat merrier Christmas than anticipated.Inflation has eased in recent weeks and, according to survey results released Sunday by Jefferies Financial Group, US consumers see prices moderating in all categories except rent and groceries. Americans continue to spend despite rising interest rates, with October retail sales increasing the most in eight months. Analysts, meanwhile, expect Amazon to hit the higher end of its fourth-quarter forecast, with revenue growing 6.7% to $146.6 billion, according to data compiled by Bloomberg. That’s still a slowdown from last year’s 9.4%growth but hardly a disaster.Asked about Amazon’s holiday prospects during an earnings call in October, Chief Financial Officer Brian Olsavsky expressed measured optimism but acknowledged that various headwinds—inflation, rising interest rates, the war in Ukraine—made prognostication unusually difficult this year. Indeed, two data tracking firms have decidedly different forecasts.Last week, Insider Intelligence said it expected online sales in November and December to rise 12% from a year earlier and faster than last year’s growth of 10.4%.Yet in October, Adobe Inc. predicted an increase of just 2.5%, a marked slowdown from its 8.6% growth tally in 2021.The picture will become somewhat clearer following the so-called Cyber Five period that kicks off on Thanksgiving and runs through Black Friday and Cyber Monday. Though Americans have been spreading their holiday shopping over a longer period in recent years, those five days are expected to account forabout a sixth of the season’s buying.An Amazon delivery truck in San Francisco.Photographer: David Paul Morris/Bloomberg“We’ll know after Cyber Monday if shoppers are really cutting back or if they’re just waiting for big discounts,” said Dan Brownsher, chief executive officer of Channel Key,an e-commerce consulting firm with 70 clients that generate more than $100 million in combined annual revenue. “Cyber Five is the prime time, when all the deals are running and all the traffic is happening. We just don’t know yet.”Despite the layoffs in technology, finance and real estate, most people are working and hungry for bargains, said Andrew Lipsman, an Insider Intelligence analyst. Retailers got away with meager discounts of 10% to 20% last year because consumers were warned about supply-chain issues and eager to buy whatever they could find. This year they’ll see discounts in the range of 30% to 40% since retailers are competing with one another to clear out inventory, he said.“We have entered a heavier discounting environment, and consumers are deal-seeking,” Lipsman said. “Consumers are rankled by inflation, but they still have disposable income.”For Amazon merchants, who account for more than half of the company’s online sales, much depends on what they sell. Some categories aren’t expected to do especially well this holiday season. Adobe, for one, predicts that online apparel sales will suffer because customers are returning to the stores, where they can see garments and try them on.Electronics could be another casualty, in part because many Americans loaded up on televisions, computers and accessories during the pandemic and aren’t ready to upgrade.Bernie Thompson, chief technology officer at Plugable in Redmond, Washington, said searches for laptop docking stations and other products were down about 20% so far in November compared with the previous month. This could be the first time his Amazon sales decline since he began selling on the platform in 2009, he said. Thompson is cutting prices and increasing his advertising budget to try to juice sales.“We expected to have a whip effect in consumer electronics from scarcity to glut, but it happened a lot faster than anyone thought,” he said. “None of this is disastrous. So far it’s just difficult.”Jason Boyce,whose Avenue7Media helps about 100 businesses sell online, said most of his clients carry premium products and haven’t experienced a drop in demand. One of the bestselling products is a mattress topper, sales of which continue to grow despite competing products on Amazon that are priced much lower.“Our motto is price high and justify,” he said. “I’m just not seeing the signs of the pending downturn like we do in the news now.”","news_type":1,"symbols_score_info":{"AMZN":0.9}},"isVote":1,"tweetType":1,"viewCount":2123,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9963909343,"gmtCreate":1668560265982,"gmtModify":1676538075590,"author":{"id":"3555312962232191","authorId":"3555312962232191","name":"elite","avatar":"https://static.tigerbbs.com/2601d446a3f18f0e9bf7927e9dc30a0e","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3555312962232191","authorIdStr":"3555312962232191"},"themes":[],"htmlText":"Like and comment thanks ","listText":"Like and comment thanks ","text":"Like and comment thanks","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":11,"commentSize":5,"repostSize":0,"link":"https://ttm.financial/post/9963909343","repostId":"1160332041","repostType":4,"repost":{"id":"1160332041","kind":"news","pubTimestamp":1668576951,"share":"https://ttm.financial/m/news/1160332041?lang=&edition=full_marsco","pubTime":"2022-11-16 13:35","market":"us","language":"en","title":"What If the Fed’s Own Forecasts Are Wrong?","url":"https://stock-news.laohu8.com/highlight/detail?id=1160332041","media":"Bloomberg","summary":"The Federal Reserve’s summary of Economic Projections in September doesn’t anticipate a recession in","content":"<html><head></head><body><p>The Federal Reserve’s summary of Economic Projections in September doesn’t anticipate a recession in the next three years. And Chair Jerome Powell still seems to think that a soft landing for the economy is possible. In my view, however, a US recession is highly likely in the next 12 to 18 months. Why don’t I share the Fed’s optimism?</p><p>The projections by the Fed governors will always paint a rosy picture. They’re instructed to condition their view on an optimal monetary policy, which obviously makes better outcomes achievable. In the real world, as has been demonstrated over the past year, policy is often far from that ideal, so actual results will usually be worse than implied by the projections.</p><p>In the same vein, the Fed model that underpins its staff forecast contains assumptions that contribute to more pleasant forecasts. They include that the Fed will pursue the optimal monetary policy path in the future (regardless of past errors) and that households and businesses know this.</p><p>These assumptions rule out persistent monetary policy errors or the loss of confidence by households and businesses in the Fed’s commitment and ability to achieve its employment and inflation objectives.</p><p>The Fed also operates in a world where there’s an important political economy constraint. Admitting that a recession would be required to get inflation in check might undercut public support for a tighter monetary policy. It also could subject the Fed to criticism that might ultimately undermine its independence or cause Congress to limit its authority in the future. Sugarcoating the cost of what the Fed needs to do may be viewed as a necessary evil so it can carry out its mission successfully. But it also runs the risk of undercutting the Fed’s credibility.</p><p>Why do I believe a recession is unavoidable? To start, the Fed is committed to bringing inflation down to its 2% annual rate target. Powell made it clear in his remarks at the Jackson Hole conference in August that this goal was “unconditional” and reiterated his commitment at his September news conference. Failure is an unattractive option because inflation expectations would rise, necessitating a harsher monetary policy and worse outcomes later.</p><p>To bring inflation to 2%, the Federal Open Market Committee will have to push up the unemployment rate substantially. The labor market is much too tight to be consistent with a stable or declining underlying inflation rate.</p><p>Judging from the relationship between unfilled job openings and the number of people who are unemployed, known as the Beveridge curve, the unemployment rate consistent with stable inflation has risen considerably and could be as high as 5%, well above the current rate of 3.7%. Even if the Beveridge curve were to shift back down because labor market frictions abated, the unemployment rate would still need to rise to at least 4.5%.</p><p>During the postwar period, every time the unemployment rate has risen by 0.5 percentage point or more, the US economy has fallen into recession. This empirical regularity is memorialized as the Sahm rule. The difficulty of engineering a soft landing is underscored by the fact that there are no examples of an unemployment rate rising between 0.5 and 2 percentage points from trough to peak at all. Once the unemployment rate has moved up modestly, it’s hard to stop. Thus, the Fed’s Summary of Economic Projections in September in which unemployment rises to 4.4% from its recent trough of 3.5% would be unprecedented.</p><p>The episodes Powell has cited of successful soft landings—in 1965-66, 1984-85, and 1993-95—don’t apply to the current set of circumstances. In those cases, the Fed tightened and that slowed the pace of economic growth and the decline in the unemployment rate, but in none of those episodes did the Fed tighten sufficiently to push the unemployment rate up. In Fed parlance, these soft landings were achieved from above, by slowing the economy to a sustainable growth rate, rather than from below, by slowing the economy sufficiently to push the unemployment rate up.</p><p>Fed risk management will also increase the likelihood of recession. Powell has made it clear that the consequences of failing to bring inflation back down to 2% on a sustainable basis are unacceptable. The lesson of the 1970s is that failure would lead to unanchored inflation expectations, making the job of restoring price stability that much more difficult.</p><p>In addition, the Fed’s task will be made difficult by uncertainty about whether it has done enough. How high do short-term interest rates need to go to push the unemployment rate above the rate consistent with stable inflation? How long does such an unemployment rate need to be elevated to bring inflation back down to 2%? Because, at the margin, the negative consequences of doing too little exceed the negative consequences of doing too much, this means that monetary policy will likely ultimately be kept too tight for too long. The long and variable lags between changes in the stance of monetary policy and its effect on economic activity reinforce this.</p><p>Some argue—including Fed officials—that a soft landing is still possible:</p><p>• As supply chain disruptions dissipate and the allocation of demand between goods and services normalizes, headline inflation will fall sharply.</p><p>• Labor supply will increase as labor force participation rises.</p><p>• Fed tightening can reduce the excess demand for labor without generating a large rise in unemployment.</p><p>Although one can’t dismiss these points out of hand, I’m afraid they’re likely to prove insufficient to avoid a hard landing.</p><p>First, even if declining goods prices cause headline inflation to fall sharply in the year ahead, that doesn’t deal with the fact that the inflation problem has broadened out, into services prices and wages.</p><p>The breadth of inflationary pressures is visible in the median consumer price index calculated by the Federal Reserve Bank of Cleveland and the trimmed mean personal consumption expenditures deflator—an alternative inflation measure calculated by the Federal Reserve Bank of Dallas—with increases of 7% and 4.7%, respectively, over the past year. Those numbers capture what’s happening for those goods and services in the middle of the inflation distribution.</p><p>Similarly, the trend of wage inflation is well above a rate consistent with 2% inflation. For example, the employment cost index for the wages and salaries of private industry workers has gone up 5.2% over the past year, and the Federal Reserve Bank of Atlanta’s wage tracker index is rising at a 6.4% annual rate. Given the trend of labor productivity, wage inflation needs to be in a 3%-to-4% range to be consistent with the Fed’s 2% inflation objective.</p><p>Second, on the labor supply front, the Fed is unlikely to be bailed out by a large increase in labor force participation. As labor economist Stephanie Aaronson noted in her remarks at this year’s Fed Jackson Hole conference: “The unemployment rate is the best gauge of the state of the business cycle.” Although a tight labor market can be expected to provoke a rise in labor force participation, she said, the process is a slow-moving one, playing out over several years, too slow a process to rescue the Fed.</p><p>Third, the notion that the Fed’s monetary policy stringency can be oriented toward reducing the excess demand for labor without driving up unemployment materially is wishful thinking. Monetary policy can’t be targeted in such a way to reduce the demand for labor in industries where demand is excessive relative to industries where labor supply and demand is in better balance. It’s a blunt tool that affects the economy broadly through its impact on financial conditions.</p><p>Although a soft landing would obviously be preferable, that ship has sailed. Today, a recession is virtually inevitable.</p></body></html>","source":"lsy1584095487587","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>What If the Fed’s Own Forecasts Are Wrong?</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\">\nWhat If the Fed’s Own Forecasts Are Wrong?\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-11-16 13:35 GMT+8 <a href=https://www.bloomberg.com/news/articles/2022-11-15/what-if-the-fed-s-own-forecasts-are-wrong?srnd=premium><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>The Federal Reserve’s summary of Economic Projections in September doesn’t anticipate a recession in the next three years. And Chair Jerome Powell still seems to think that a soft landing for the ...</p>\n\n<a href=\"https://www.bloomberg.com/news/articles/2022-11-15/what-if-the-fed-s-own-forecasts-are-wrong?srnd=premium\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"https://www.bloomberg.com/news/articles/2022-11-15/what-if-the-fed-s-own-forecasts-are-wrong?srnd=premium","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1160332041","content_text":"The Federal Reserve’s summary of Economic Projections in September doesn’t anticipate a recession in the next three years. And Chair Jerome Powell still seems to think that a soft landing for the economy is possible. In my view, however, a US recession is highly likely in the next 12 to 18 months. Why don’t I share the Fed’s optimism?The projections by the Fed governors will always paint a rosy picture. They’re instructed to condition their view on an optimal monetary policy, which obviously makes better outcomes achievable. In the real world, as has been demonstrated over the past year, policy is often far from that ideal, so actual results will usually be worse than implied by the projections.In the same vein, the Fed model that underpins its staff forecast contains assumptions that contribute to more pleasant forecasts. They include that the Fed will pursue the optimal monetary policy path in the future (regardless of past errors) and that households and businesses know this.These assumptions rule out persistent monetary policy errors or the loss of confidence by households and businesses in the Fed’s commitment and ability to achieve its employment and inflation objectives.The Fed also operates in a world where there’s an important political economy constraint. Admitting that a recession would be required to get inflation in check might undercut public support for a tighter monetary policy. It also could subject the Fed to criticism that might ultimately undermine its independence or cause Congress to limit its authority in the future. Sugarcoating the cost of what the Fed needs to do may be viewed as a necessary evil so it can carry out its mission successfully. But it also runs the risk of undercutting the Fed’s credibility.Why do I believe a recession is unavoidable? To start, the Fed is committed to bringing inflation down to its 2% annual rate target. Powell made it clear in his remarks at the Jackson Hole conference in August that this goal was “unconditional” and reiterated his commitment at his September news conference. Failure is an unattractive option because inflation expectations would rise, necessitating a harsher monetary policy and worse outcomes later.To bring inflation to 2%, the Federal Open Market Committee will have to push up the unemployment rate substantially. The labor market is much too tight to be consistent with a stable or declining underlying inflation rate.Judging from the relationship between unfilled job openings and the number of people who are unemployed, known as the Beveridge curve, the unemployment rate consistent with stable inflation has risen considerably and could be as high as 5%, well above the current rate of 3.7%. Even if the Beveridge curve were to shift back down because labor market frictions abated, the unemployment rate would still need to rise to at least 4.5%.During the postwar period, every time the unemployment rate has risen by 0.5 percentage point or more, the US economy has fallen into recession. This empirical regularity is memorialized as the Sahm rule. The difficulty of engineering a soft landing is underscored by the fact that there are no examples of an unemployment rate rising between 0.5 and 2 percentage points from trough to peak at all. Once the unemployment rate has moved up modestly, it’s hard to stop. Thus, the Fed’s Summary of Economic Projections in September in which unemployment rises to 4.4% from its recent trough of 3.5% would be unprecedented.The episodes Powell has cited of successful soft landings—in 1965-66, 1984-85, and 1993-95—don’t apply to the current set of circumstances. In those cases, the Fed tightened and that slowed the pace of economic growth and the decline in the unemployment rate, but in none of those episodes did the Fed tighten sufficiently to push the unemployment rate up. In Fed parlance, these soft landings were achieved from above, by slowing the economy to a sustainable growth rate, rather than from below, by slowing the economy sufficiently to push the unemployment rate up.Fed risk management will also increase the likelihood of recession. Powell has made it clear that the consequences of failing to bring inflation back down to 2% on a sustainable basis are unacceptable. The lesson of the 1970s is that failure would lead to unanchored inflation expectations, making the job of restoring price stability that much more difficult.In addition, the Fed’s task will be made difficult by uncertainty about whether it has done enough. How high do short-term interest rates need to go to push the unemployment rate above the rate consistent with stable inflation? How long does such an unemployment rate need to be elevated to bring inflation back down to 2%? Because, at the margin, the negative consequences of doing too little exceed the negative consequences of doing too much, this means that monetary policy will likely ultimately be kept too tight for too long. The long and variable lags between changes in the stance of monetary policy and its effect on economic activity reinforce this.Some argue—including Fed officials—that a soft landing is still possible:• As supply chain disruptions dissipate and the allocation of demand between goods and services normalizes, headline inflation will fall sharply.• Labor supply will increase as labor force participation rises.• Fed tightening can reduce the excess demand for labor without generating a large rise in unemployment.Although one can’t dismiss these points out of hand, I’m afraid they’re likely to prove insufficient to avoid a hard landing.First, even if declining goods prices cause headline inflation to fall sharply in the year ahead, that doesn’t deal with the fact that the inflation problem has broadened out, into services prices and wages.The breadth of inflationary pressures is visible in the median consumer price index calculated by the Federal Reserve Bank of Cleveland and the trimmed mean personal consumption expenditures deflator—an alternative inflation measure calculated by the Federal Reserve Bank of Dallas—with increases of 7% and 4.7%, respectively, over the past year. Those numbers capture what’s happening for those goods and services in the middle of the inflation distribution.Similarly, the trend of wage inflation is well above a rate consistent with 2% inflation. For example, the employment cost index for the wages and salaries of private industry workers has gone up 5.2% over the past year, and the Federal Reserve Bank of Atlanta’s wage tracker index is rising at a 6.4% annual rate. Given the trend of labor productivity, wage inflation needs to be in a 3%-to-4% range to be consistent with the Fed’s 2% inflation objective.Second, on the labor supply front, the Fed is unlikely to be bailed out by a large increase in labor force participation. As labor economist Stephanie Aaronson noted in her remarks at this year’s Fed Jackson Hole conference: “The unemployment rate is the best gauge of the state of the business cycle.” Although a tight labor market can be expected to provoke a rise in labor force participation, she said, the process is a slow-moving one, playing out over several years, too slow a process to rescue the Fed.Third, the notion that the Fed’s monetary policy stringency can be oriented toward reducing the excess demand for labor without driving up unemployment materially is wishful thinking. Monetary policy can’t be targeted in such a way to reduce the demand for labor in industries where demand is excessive relative to industries where labor supply and demand is in better balance. It’s a blunt tool that affects the economy broadly through its impact on financial conditions.Although a soft landing would obviously be preferable, that ship has sailed. Today, a recession is virtually inevitable.","news_type":1,"symbols_score_info":{".DJI":0.9,".IXIC":0.9,".SPX":0.9}},"isVote":1,"tweetType":1,"viewCount":2465,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9960881052,"gmtCreate":1668125152876,"gmtModify":1676538015816,"author":{"id":"3555312962232191","authorId":"3555312962232191","name":"elite","avatar":"https://static.tigerbbs.com/2601d446a3f18f0e9bf7927e9dc30a0e","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3555312962232191","authorIdStr":"3555312962232191"},"themes":[],"htmlText":"Like and comment thanks ","listText":"Like and comment thanks ","text":"Like and comment thanks","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/9960881052","repostId":"1154298804","repostType":4,"isVote":1,"tweetType":1,"viewCount":1575,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9985576060,"gmtCreate":1667434779150,"gmtModify":1676537916744,"author":{"id":"3555312962232191","authorId":"3555312962232191","name":"elite","avatar":"https://static.tigerbbs.com/2601d446a3f18f0e9bf7927e9dc30a0e","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3555312962232191","authorIdStr":"3555312962232191"},"themes":[],"htmlText":"Like and comment thanks ","listText":"Like and comment thanks ","text":"Like and comment thanks","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":10,"commentSize":4,"repostSize":0,"link":"https://ttm.financial/post/9985576060","repostId":"2280319145","repostType":4,"isVote":1,"tweetType":1,"viewCount":1717,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9912288789,"gmtCreate":1664841791841,"gmtModify":1676537516405,"author":{"id":"3555312962232191","authorId":"3555312962232191","name":"elite","avatar":"https://static.tigerbbs.com/2601d446a3f18f0e9bf7927e9dc30a0e","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3555312962232191","authorIdStr":"3555312962232191"},"themes":[],"htmlText":"Like and comment thanks ","listText":"Like and comment thanks ","text":"Like and comment thanks","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":10,"commentSize":3,"repostSize":0,"link":"https://ttm.financial/post/9912288789","repostId":"2272007231","repostType":4,"repost":{"id":"2272007231","kind":"highlight","weMediaInfo":{"introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"media_name":"Reuters","id":"1036604489","head_image":"https://static.tigerbbs.com/443ce19704621c837795676028cec868"},"pubTimestamp":1664838057,"share":"https://ttm.financial/m/news/2272007231?lang=&edition=full_marsco","pubTime":"2022-10-04 07:00","market":"us","language":"en","title":"US STOCKS-Wall Street Closes With Sharp Gains As Final Quarter Begins","url":"https://stock-news.laohu8.com/highlight/detail?id=2272007231","media":"Reuters","summary":"Wall Street's three major indexes rallied to close over 2% on Monday as U.S. Treasury yields tumbled","content":"<html><head></head><body><p>Wall Street's three major indexes rallied to close over 2% on Monday as U.S. Treasury yields tumbled on weaker-than-expected manufacturing data, increasing the appeal of stocks at the start of the year's final quarter.</p><p><img src=\"https://static.tigerbbs.com/89f8cee3a8e5957b710079518887e561\" tg-width=\"1080\" tg-height=\"1920\" width=\"100%\" height=\"auto\"/></p><p>The U.S. stock market has suffered three quarterly declines in a row in a tumultuous year marked by interest rate hikes to tame historically high inflation, and concerns about a slowing economy.</p><p>"The U.S. yield markets (are) pulling back - that's been a positive ... and that connotes a more risk-on environment," said Art Hogan, chief market strategist at B. Riley Wealth in Boston.</p><p>Further supporting rate-sensitive growth stocks, the benchmark U.S. 10-year Treasury yield fell after British Prime Minister Liz Truss was forced to reverse course on a tax cut for the highest rate.</p><p>All 11 major S&P 500 sectors advanced to positive territory, with energy being the biggest gainer.</p><p>Oil majors Exxon Mobil Corp and Chevron Corp rose more than 5%, tracking a jump in crude prices as sources said the Organization of the Petroleum Exporting Countries and its allies are considering their biggest output cut since the start of the COVID-19 pandemic.</p><p>Megacap growth and technology companies such as Apple Inc and Microsoft Corp rose over 3% respectively, while banks advanced 3%.</p><p>Data showed manufacturing activity increased at its slowest pace in nearly 2-1/2 years in September as new orders contracted, likely as rising interest rates to tame inflation cooled demand for goods.</p><p>The Institute for Supply Management said its manufacturing PMI dropped to 50.9 this month, missing estimates but still above 50, indicating growth.</p><p>"The economic data stream actually came in worse than expected. In a very counterintuitive fashion that likely represents good news for equity markets," said Hogan.</p><p>"(While) good economic data, strong readings had been a catalyst for selling, this is the first time we've actually seen some negative news be a catalyst."</p><p>All three major indexes ended a volatile third quarter lower on Friday on growing fears that the Federal Reserve's aggressive monetary policy will tip the economy into recession.</p><p>The Dow Jones Industrial Average rose 765.38 points, or 2.66%, to 29,490.89; the S&P 500 gained 92.81 points, or 2.59%, at 3,678.43; and the Nasdaq Composite added 239.82 points, or 2.27%, at 10,815.44.</p><p>Volume on U.S. exchanges was 11.61 billion shares, compared with the 11.54 billion average for the full session over the last 20 trading days.</p><p>Tesla Inc fell 8.6% after it sold fewer-than-expected vehicles in the third quarter as deliveries lagged way behind production due to logistic hurdles. Peers Lucid Group gained 0.9% and Rivian Automotive fell 3.1%.</p><p>Major automakers are expected to report modest declines in U.S. new vehicle sales, but analysts and investors worry that a darkening economic picture, not inventory shortages, will lead to weaker car sales.</p><p>Citigroup and Credit Suisse became the latest brokerages to lower 2022 year-end targets for the S&P 500, as U.S. equity markets bear the heat of aggressive central bank actions to tamp down inflation.</p><p>Credit Suisse also set a 2023 year-end price target for the benchmark index at 4,050 points, adding that 2023 would be a "year of weak, non-recessionary growth and falling inflation."</p><p>Advancing issues outnumbered decliners on the NYSE by a 5.04-to-1 ratio; on Nasdaq, a 2.70-to-1 ratio favored advancers.</p><p>The S&P 500 posted one new 52-week high and 23 new lows; the Nasdaq Composite recorded 58 new highs and 282 new lows. (Reporting by Echo Wang in New York; Additional reporting by Ankika Biswas and Bansari Mayur Kamdar in Bengaluru; Editing by Anil D'Silva, Arun Koyyur and Richard Chang)</p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>US STOCKS-Wall Street Closes With Sharp Gains As Final Quarter Begins</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\">\nUS STOCKS-Wall Street Closes With Sharp Gains As Final Quarter Begins\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1036604489\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/443ce19704621c837795676028cec868);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Reuters </p>\n<p class=\"h-time\">2022-10-04 07:00</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>Wall Street's three major indexes rallied to close over 2% on Monday as U.S. Treasury yields tumbled on weaker-than-expected manufacturing data, increasing the appeal of stocks at the start of the year's final quarter.</p><p><img src=\"https://static.tigerbbs.com/89f8cee3a8e5957b710079518887e561\" tg-width=\"1080\" tg-height=\"1920\" width=\"100%\" height=\"auto\"/></p><p>The U.S. stock market has suffered three quarterly declines in a row in a tumultuous year marked by interest rate hikes to tame historically high inflation, and concerns about a slowing economy.</p><p>"The U.S. yield markets (are) pulling back - that's been a positive ... and that connotes a more risk-on environment," said Art Hogan, chief market strategist at B. Riley Wealth in Boston.</p><p>Further supporting rate-sensitive growth stocks, the benchmark U.S. 10-year Treasury yield fell after British Prime Minister Liz Truss was forced to reverse course on a tax cut for the highest rate.</p><p>All 11 major S&P 500 sectors advanced to positive territory, with energy being the biggest gainer.</p><p>Oil majors Exxon Mobil Corp and Chevron Corp rose more than 5%, tracking a jump in crude prices as sources said the Organization of the Petroleum Exporting Countries and its allies are considering their biggest output cut since the start of the COVID-19 pandemic.</p><p>Megacap growth and technology companies such as Apple Inc and Microsoft Corp rose over 3% respectively, while banks advanced 3%.</p><p>Data showed manufacturing activity increased at its slowest pace in nearly 2-1/2 years in September as new orders contracted, likely as rising interest rates to tame inflation cooled demand for goods.</p><p>The Institute for Supply Management said its manufacturing PMI dropped to 50.9 this month, missing estimates but still above 50, indicating growth.</p><p>"The economic data stream actually came in worse than expected. In a very counterintuitive fashion that likely represents good news for equity markets," said Hogan.</p><p>"(While) good economic data, strong readings had been a catalyst for selling, this is the first time we've actually seen some negative news be a catalyst."</p><p>All three major indexes ended a volatile third quarter lower on Friday on growing fears that the Federal Reserve's aggressive monetary policy will tip the economy into recession.</p><p>The Dow Jones Industrial Average rose 765.38 points, or 2.66%, to 29,490.89; the S&P 500 gained 92.81 points, or 2.59%, at 3,678.43; and the Nasdaq Composite added 239.82 points, or 2.27%, at 10,815.44.</p><p>Volume on U.S. exchanges was 11.61 billion shares, compared with the 11.54 billion average for the full session over the last 20 trading days.</p><p>Tesla Inc fell 8.6% after it sold fewer-than-expected vehicles in the third quarter as deliveries lagged way behind production due to logistic hurdles. Peers Lucid Group gained 0.9% and Rivian Automotive fell 3.1%.</p><p>Major automakers are expected to report modest declines in U.S. new vehicle sales, but analysts and investors worry that a darkening economic picture, not inventory shortages, will lead to weaker car sales.</p><p>Citigroup and Credit Suisse became the latest brokerages to lower 2022 year-end targets for the S&P 500, as U.S. equity markets bear the heat of aggressive central bank actions to tamp down inflation.</p><p>Credit Suisse also set a 2023 year-end price target for the benchmark index at 4,050 points, adding that 2023 would be a "year of weak, non-recessionary growth and falling inflation."</p><p>Advancing issues outnumbered decliners on the NYSE by a 5.04-to-1 ratio; on Nasdaq, a 2.70-to-1 ratio favored advancers.</p><p>The S&P 500 posted one new 52-week high and 23 new lows; the Nasdaq Composite recorded 58 new highs and 282 new lows. (Reporting by Echo Wang in New York; Additional reporting by Ankika Biswas and Bansari Mayur Kamdar in Bengaluru; Editing by Anil D'Silva, Arun Koyyur and Richard Chang)</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".SPX":"S&P 500 Index",".DJI":"道琼斯",".IXIC":"NASDAQ Composite"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2272007231","content_text":"Wall Street's three major indexes rallied to close over 2% on Monday as U.S. Treasury yields tumbled on weaker-than-expected manufacturing data, increasing the appeal of stocks at the start of the year's final quarter.The U.S. stock market has suffered three quarterly declines in a row in a tumultuous year marked by interest rate hikes to tame historically high inflation, and concerns about a slowing economy.\"The U.S. yield markets (are) pulling back - that's been a positive ... and that connotes a more risk-on environment,\" said Art Hogan, chief market strategist at B. Riley Wealth in Boston.Further supporting rate-sensitive growth stocks, the benchmark U.S. 10-year Treasury yield fell after British Prime Minister Liz Truss was forced to reverse course on a tax cut for the highest rate.All 11 major S&P 500 sectors advanced to positive territory, with energy being the biggest gainer.Oil majors Exxon Mobil Corp and Chevron Corp rose more than 5%, tracking a jump in crude prices as sources said the Organization of the Petroleum Exporting Countries and its allies are considering their biggest output cut since the start of the COVID-19 pandemic.Megacap growth and technology companies such as Apple Inc and Microsoft Corp rose over 3% respectively, while banks advanced 3%.Data showed manufacturing activity increased at its slowest pace in nearly 2-1/2 years in September as new orders contracted, likely as rising interest rates to tame inflation cooled demand for goods.The Institute for Supply Management said its manufacturing PMI dropped to 50.9 this month, missing estimates but still above 50, indicating growth.\"The economic data stream actually came in worse than expected. In a very counterintuitive fashion that likely represents good news for equity markets,\" said Hogan.\"(While) good economic data, strong readings had been a catalyst for selling, this is the first time we've actually seen some negative news be a catalyst.\"All three major indexes ended a volatile third quarter lower on Friday on growing fears that the Federal Reserve's aggressive monetary policy will tip the economy into recession.The Dow Jones Industrial Average rose 765.38 points, or 2.66%, to 29,490.89; the S&P 500 gained 92.81 points, or 2.59%, at 3,678.43; and the Nasdaq Composite added 239.82 points, or 2.27%, at 10,815.44.Volume on U.S. exchanges was 11.61 billion shares, compared with the 11.54 billion average for the full session over the last 20 trading days.Tesla Inc fell 8.6% after it sold fewer-than-expected vehicles in the third quarter as deliveries lagged way behind production due to logistic hurdles. Peers Lucid Group gained 0.9% and Rivian Automotive fell 3.1%.Major automakers are expected to report modest declines in U.S. new vehicle sales, but analysts and investors worry that a darkening economic picture, not inventory shortages, will lead to weaker car sales.Citigroup and Credit Suisse became the latest brokerages to lower 2022 year-end targets for the S&P 500, as U.S. equity markets bear the heat of aggressive central bank actions to tamp down inflation.Credit Suisse also set a 2023 year-end price target for the benchmark index at 4,050 points, adding that 2023 would be a \"year of weak, non-recessionary growth and falling inflation.\"Advancing issues outnumbered decliners on the NYSE by a 5.04-to-1 ratio; on Nasdaq, a 2.70-to-1 ratio favored advancers.The S&P 500 posted one new 52-week high and 23 new lows; the Nasdaq Composite recorded 58 new highs and 282 new lows. (Reporting by Echo Wang in New York; Additional reporting by Ankika Biswas and Bansari Mayur Kamdar in Bengaluru; Editing by Anil D'Silva, Arun Koyyur and Richard Chang)","news_type":1,"symbols_score_info":{".DJI":0.9,".IXIC":0.9,".SPX":0.6}},"isVote":1,"tweetType":1,"viewCount":2017,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"defaultTab":"posts","isTTM":true}