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- PYBGPYBG
  ·2021-10-21
  Awesome
  非常抱歉，此主贴已删除
  958 1
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- PYBGPYBG
  ·2021-10-21
  Fiverr worth investing
  非常抱歉，此主贴已删除
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- PYBGPYBG
  ·2021-10-16
  Alibaba is worth more than Sea
  非常抱歉，此主贴已删除
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- PYBGPYBG
  ·2021-10-16
  Agree
  非常抱歉，此主贴已删除
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- PYBGPYBG
  ·2021-10-16
  Zynga.. interesting
  3 5G Stocks to Buy in October
  From memory chips to mobile gaming, these three companies will benefit from growing demand for all things 5G.
  3 5G Stocks to Buy in October
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- PYBGPYBG
  ·2021-10-15
  Apple is an awesome company..
  非常抱歉，此主贴已删除
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- PYBGPYBG
  ·2021-10-12
  Thot China govt clamped down on pte education?
  非常抱歉，此主贴已删除
  727 评论
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- PYBGPYBG
  ·2021-10-12
  Volatility = opportunity
  非常抱歉，此主贴已删除
  612 评论
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- PYBGPYBG
  ·2021-09-11
  Noted
  非常抱歉，此主贴已删除
  365 评论
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- PYBGPYBG
  ·2021-09-11
  Wow, scary
  Yellen Warns US on Track to Default in October
  Treasury Secretary Janet Yellen issued another warning to lawmakers Wednesday: Raise or suspend the
  Yellen Warns US on Track to Default in October
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worth investing","listText":"Fiverr worth investing","text":"Fiverr worth investing","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":2,"repostSize":0,"link":"https://laohu8.com/post/853077971","repostId":"2176516480","repostType":4,"isVote":1,"tweetType":1,"viewCount":881,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":824521895,"gmtCreate":1634340730235,"gmtModify":1634340730358,"author":{"id":"4091333355237140","authorId":"4091333355237140","name":"PYBG","avatar":"https://static.tigerbbs.com/ffceefb16436db08633bced1bf654393","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4091333355237140","authorIdStr":"4091333355237140"},"themes":[],"htmlText":"Alibaba is worth more than Sea","listText":"Alibaba is worth more than Sea","text":"Alibaba is worth more than 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interesting","listText":"Zynga.. interesting","text":"Zynga.. interesting","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/824212226","repostId":"2175117376","repostType":4,"repost":{"id":"2175117376","kind":"highlight","pubTimestamp":1634303296,"share":"https://www.laohu8.com/m/news/2175117376?lang=&edition=full","pubTime":"2021-10-15 21:08","market":"us","language":"en","title":"3 5G Stocks to Buy in October","url":"https://stock-news.laohu8.com/highlight/detail?id=2175117376","media":"Motley Fool","summary":"From memory chips to mobile gaming, these three companies will benefit from growing demand for all things 5G.","content":"<p>The era of 5G is here, and there are several ways to invest behind the improvements that faster download speeds will bring smartphone users.</p>\n<p>Here's why I believe <b>Apple</b> (NASDAQ:AAPL), <b>Micron Technology</b>&nbsp;(NASDAQ:MU), and <b><a href=\"https://laohu8.com/S/ZNGA\">Zynga</a></b> (NASDAQ:ZNGA) are no-brainer buys right now.</p>\n<p class=\"t-img-caption\"><img src=\"https://g.foolcdn.com/image/?url=https%3A%2F%2Fg.foolcdn.com%2Feditorial%2Fimages%2F646511%2F5g-cell-tower.jpg&amp;w=700&amp;op=resize\" tg-width=\"700\" tg-height=\"435\" referrerpolicy=\"no-referrer\"><span>Image source: Getty Images.</span></p>\n<h2>Apple: The top brand benefiting from 5G upgrades</h2>\n<p>Apple is probably the safest stock to invest in 5G that still offers decent return potential. While Apple might look somewhat expensive at a price-to-earnings ratio of 27, analysts have been underestimating the iPhone maker for years. The stock has delivered multibagger returns over the last decade even though the brand was just as well known in 2011 as it is today.</p>\n<p>Wait times for the newest iPhones are reported to be the longest in at least four years at more than four weeks. While Wall Street tries to figure out whether it's genuine demand or supply shortages creating the delays, the only thing that matters is that the 5G upgrade cycle is definitely here, and it's going to lead to more revenue growth for Apple over the next few years.</p>\n<p>Apple started the year with an installed base of 1.65 billion devices worldwide, a new record.&nbsp;The introduction of 5G on the iPhone 12 drove strong revenue performance a year ago. Through the first three quarters of fiscal 2021&nbsp; (through June), iPhone sales were up 37.5% year over year. The new iPhone 13 should pull in users that skipped last year's upgrade, especially once people get a look at the smoothness of the new screens on the Pro models.</p>\n<p>The iPhone is the flywheel product for Apple, since strong sales tend to spill over to other products and services. All said, Apple is looking at a profitable stretch of growth and is a good bet for investors.</p>\n<h2>Micron Technology: A top provider of essential mobile hardware</h2>\n<p>Micron is a leading supplier of dynamic random-access memory (DRAM), non-volatile memory (NAND), and NOR flash memory and storage products that are used in consumer PCs, data centers, and by some of the leading smartphone manufacturers. Long-term demand trends in the data center and 5G markets are driving a strong growth phase for the company, with revenue up 29% in fiscal 2021, which ended in September.</p>\n<p>Micron's mobile business unit grew 26% in fiscal 2021 and accounted for slightly more than a quarter of its total revenue. Management is anticipating another strong year of growth, as 5G phones contain significantly more memory capacity than 4G phones.</p>\n<p>Micron has supplied products for iPhones in the past, but a recent teardown of the iPhone 13 revealed that Apple chose to use chips from Micron competitors SK Hynix and Kioxia this time around. This isn't a problem for Micron, though, since the smartphone market is much bigger than Apple, with 5G smartphone sales expected to reach 500 million units this year.</p>\n<p>Given the growth Micron is seeing across the data center, mobile, automotive, and industrial markets, the stock looks particularly attractive at a forward P/E of just 7.2. Throw in a small quarterly dividend of $0.10 per share (yielding about 0.15% at the current stock price),&nbsp;and investors are looking at one cheap stock to invest in the&nbsp;5G growth cycle.</p>\n<h2>Zynga: A fast-growing mobile game producer</h2>\n<p>It's not just hardware suppliers that will benefit from 5G. People who play mobile games will see significant benefits, such as faster downloads, from the technology and Zynga is the company behind several popular mobile games, including <i>FarmVille</i>, <i>Merge Magic!</i>, <i>Empires &amp; Puzzles</i>, and <i>Words With Friends</i>.&nbsp;The stock has delivered a return of 150% over the last five years, and the era of 5G could significantly boost player engagement and growth for this company.</p>\n<p>Players using 5G devices will be able to download games with large file sizes much faster while away from their home Wi-Fi network, which could increase player engagement. 5G speeds will also bring major benefits to online multiplayer games, such as Zynga's <i>CSR Racing</i>.&nbsp;Overall, games will look better and play faster.</p>\n<p>Management estimates that investments in international growth, cross-platform play, launching hyper-casual games, and mobile advertising put the company's long-term addressable market at $240 billion.&nbsp;Zynga generated just $2.5 billion in revenue over the last four quarters,&nbsp;with second-quarter bookings up a robust 37% year over year.</p>\n<p>However, market participants are concerned about slowing growth in the near term, as Zynga numbers come up against high growth during the earlier days of the pandemic. As a result, the stock is down about 31% over the last few months.&nbsp;Given that mobile gaming is already the fastest-growing segment in the $175 billion video game industry,&nbsp;an investment in Zynga at the beginning of the 5G upgrade cycle could lead to stellar returns for investors over the next five years.</p>","source":"fool_stock","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>3 5G Stocks to Buy in October</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\n3 5G Stocks to Buy in October\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-10-15 21:08 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.fool.com/investing/2021/10/15/3-5g-stocks-to-buy-in-october/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>The era of 5G is here, and there are several ways to invest behind the improvements that faster download speeds will bring smartphone users.\nHere's why I believe Apple (NASDAQ:AAPL), Micron Technology...</p>\n\n<a href=\"https://www.fool.com/investing/2021/10/15/3-5g-stocks-to-buy-in-october/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"ZNGA":"Zynga","AAPL":"苹果","MU":"美光科技"},"source_url":"https://www.fool.com/investing/2021/10/15/3-5g-stocks-to-buy-in-october/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2175117376","content_text":"The era of 5G is here, and there are several ways to invest behind the improvements that faster download speeds will bring smartphone users.\nHere's why I believe Apple (NASDAQ:AAPL), Micron Technology (NASDAQ:MU), and Zynga (NASDAQ:ZNGA) are no-brainer buys right now.\nImage source: Getty Images.\nApple: The top brand benefiting from 5G upgrades\nApple is probably the safest stock to invest in 5G that still offers decent return potential. While Apple might look somewhat expensive at a price-to-earnings ratio of 27, analysts have been underestimating the iPhone maker for years. The stock has delivered multibagger returns over the last decade even though the brand was just as well known in 2011 as it is today.\nWait times for the newest iPhones are reported to be the longest in at least four years at more than four weeks. While Wall Street tries to figure out whether it's genuine demand or supply shortages creating the delays, the only thing that matters is that the 5G upgrade cycle is definitely here, and it's going to lead to more revenue growth for Apple over the next few years.\nApple started the year with an installed base of 1.65 billion devices worldwide, a new record. The introduction of 5G on the iPhone 12 drove strong revenue performance a year ago. Through the first three quarters of fiscal 2021  (through June), iPhone sales were up 37.5% year over year. The new iPhone 13 should pull in users that skipped last year's upgrade, especially once people get a look at the smoothness of the new screens on the Pro models.\nThe iPhone is the flywheel product for Apple, since strong sales tend to spill over to other products and services. All said, Apple is looking at a profitable stretch of growth and is a good bet for investors.\nMicron Technology: A top provider of essential mobile hardware\nMicron is a leading supplier of dynamic random-access memory (DRAM), non-volatile memory (NAND), and NOR flash memory and storage products that are used in consumer PCs, data centers, and by some of the leading smartphone manufacturers. Long-term demand trends in the data center and 5G markets are driving a strong growth phase for the company, with revenue up 29% in fiscal 2021, which ended in September.\nMicron's mobile business unit grew 26% in fiscal 2021 and accounted for slightly more than a quarter of its total revenue. Management is anticipating another strong year of growth, as 5G phones contain significantly more memory capacity than 4G phones.\nMicron has supplied products for iPhones in the past, but a recent teardown of the iPhone 13 revealed that Apple chose to use chips from Micron competitors SK Hynix and Kioxia this time around. This isn't a problem for Micron, though, since the smartphone market is much bigger than Apple, with 5G smartphone sales expected to reach 500 million units this year.\nGiven the growth Micron is seeing across the data center, mobile, automotive, and industrial markets, the stock looks particularly attractive at a forward P/E of just 7.2. Throw in a small quarterly dividend of $0.10 per share (yielding about 0.15% at the current stock price), and investors are looking at one cheap stock to invest in the 5G growth cycle.\nZynga: A fast-growing mobile game producer\nIt's not just hardware suppliers that will benefit from 5G. People who play mobile games will see significant benefits, such as faster downloads, from the technology and Zynga is the company behind several popular mobile games, including FarmVille, Merge Magic!, Empires & Puzzles, and Words With Friends. The stock has delivered a return of 150% over the last five years, and the era of 5G could significantly boost player engagement and growth for this company.\nPlayers using 5G devices will be able to download games with large file sizes much faster while away from their home Wi-Fi network, which could increase player engagement. 5G speeds will also bring major benefits to online multiplayer games, such as Zynga's CSR Racing. Overall, games will look better and play faster.\nManagement estimates that investments in international growth, cross-platform play, launching hyper-casual games, and mobile advertising put the company's long-term addressable market at $240 billion. Zynga generated just $2.5 billion in revenue over the last four quarters, with second-quarter bookings up a robust 37% year over year.\nHowever, market participants are concerned about slowing growth in the near term, as Zynga numbers come up against high growth during the earlier days of the pandemic. As a result, the stock is down about 31% over the last few months. Given that mobile gaming is already the fastest-growing segment in the $175 billion video game industry, an investment in Zynga at the beginning of the 5G upgrade cycle could lead to stellar returns for investors over the next five years.","news_type":1},"isVote":1,"tweetType":1,"viewCount":797,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":825289479,"gmtCreate":1634227743007,"gmtModify":1634227743102,"author":{"id":"4091333355237140","authorId":"4091333355237140","name":"PYBG","avatar":"https://static.tigerbbs.com/ffceefb16436db08633bced1bf654393","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4091333355237140","authorIdStr":"4091333355237140"},"themes":[],"htmlText":"Apple is an awesome company..","listText":"Apple is an awesome company..","text":"Apple is an awesome 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opportunity","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":7,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/826303533","repostId":"1132567957","repostType":4,"isVote":1,"tweetType":1,"viewCount":612,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":881362568,"gmtCreate":1631295526254,"gmtModify":1632883319957,"author":{"id":"4091333355237140","authorId":"4091333355237140","name":"PYBG","avatar":"https://static.tigerbbs.com/ffceefb16436db08633bced1bf654393","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4091333355237140","authorIdStr":"4091333355237140"},"themes":[],"htmlText":"Noted","listText":"Noted","text":"Noted","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/881362568","repostId":"2166511379","repostType":2,"isVote":1,"tweetType":1,"viewCount":365,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":881366762,"gmtCreate":1631295405256,"gmtModify":1632883320381,"author":{"id":"4091333355237140","authorId":"4091333355237140","name":"PYBG","avatar":"https://static.tigerbbs.com/ffceefb16436db08633bced1bf654393","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4091333355237140","authorIdStr":"4091333355237140"},"themes":[],"htmlText":"Wow, scary","listText":"Wow, scary","text":"Wow, scary","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":2,"repostSize":0,"link":"https://laohu8.com/post/881366762","repostId":"1150874422","repostType":4,"repost":{"id":"1150874422","kind":"news","pubTimestamp":1631281699,"share":"https://www.laohu8.com/m/news/1150874422?lang=&edition=full","pubTime":"2021-09-10 21:48","market":"us","language":"en","title":"Yellen Warns US on Track to Default in October","url":"https://stock-news.laohu8.com/highlight/detail?id=1150874422","media":"The Fiscal Times","summary":"Treasury Secretary Janet Yellen issued another warning to lawmakers Wednesday: Raise or suspend the ","content":"<p>Treasury Secretary Janet Yellen issued another warning to lawmakers Wednesday: Raise or suspend the debt ceiling as soon as possible.</p>\n<p>In a&nbsp;letter&nbsp;addressed to House Speaker Nancy Pelosi (D-CA), Yellen said that according to the latest internal estimates, the Treasury could run out of money at some point in October. “Once all available measures and cash on hand are fully exhausted, the United States of America would be unable to meet its obligations for the first time in our history,” she wrote.</p>\n<p>The Treasury has been using its cash surplus to make payments since the suspension of the debt ceiling expired last month and has employed “extraordinary measures” to postpone as many payments as possible to delay the threat of default as long as possible. Those measures include “a suspension of certain investments in the Civil Service Retirement and Disability Fund, the Postal Service Retiree Health Benefits Fund, and the Government Securities Investment Fund of the Federal Employees' Retirement System Thrift Savings Plan,” Yellen said.</p>\n<p>While there is some uncertainty about the exact date, in part due to substantial tax payments expected on September 15, Yellen urged Congress not to wait.</p>\n<p>“We have learned from past debt limit impasses that waiting until the last minute to suspend or increase the debt limit can cause serious harm to business and consumer confidence, raise short-term borrowing costs for taxpayers, and negatively impact the credit rating of the United States,” Yellen wrote. “A delay that calls into question the federal government's ability to meet all its obligations would likely cause irreparable damage to the U.S. economy and global financial markets. At a time when American families, communities, and businesses are still suffering from the effects of the ongoing global pandemic, it would be particularly irresponsible to put the full faith and credit of the United States at risk.”</p>\n<p><b>Pelosi blames Trump:</b>&nbsp;The Speaker told reporters Wednesday that Democrats plan to act on the debt ceiling in the coming weeks, though she offered no details on how they plan to do so. She did, however, say that they will not add a debt ceiling increase to the $3.5 trillion spending bill they hope to pass on a purely partisan basis.</p>\n<p>“We won't be putting it in reconciliation,” Pelosi said, rejecting the approach recommended by Republican leaders, who have said they will not vote to increase the debt limit.</p>\n<p>Pelosi invoked former President Donald Trump’s policies as she discussed the debt limit, while also chiding Republicans for their refusal to cooperate with the effort. “The Trump administration … amassed over $7 trillion in debt, and that's what this debt ceiling lift is paying for ... We're paying the Trump credit card with what we would do to lift the debt ceiling,” Pelosi said. “It's the responsible thing to do. I would hope Republicans would act in a similar way.”</p>\n<p>Sen. Majority Leader Chuck Schumer (D-NY) also criticized Republicans Wednesday for their stance on the debt ceiling. “It would be just the height of irresponsibility for Republicans to play games to take the debt limit hostage,” Schumer said. “It would be a horrible act — a despicable act really.”</p>","source":"lsy1631281755125","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>Yellen Warns US on Track to Default in October</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; 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}\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nYellen Warns US on Track to Default in October\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-09-10 21:48 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/yellen-warns-us-track-default-225445450.html><strong>The Fiscal Times</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Treasury Secretary Janet Yellen issued another warning to lawmakers Wednesday: Raise or suspend the debt ceiling as soon as possible.\nIn a letter addressed to House Speaker Nancy Pelosi (D-CA), Yellen...</p>\n\n<a href=\"https://finance.yahoo.com/news/yellen-warns-us-track-default-225445450.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".SPX":"S&P 500 Index",".DJI":"道琼斯",".IXIC":"NASDAQ Composite","SPY":"标普500ETF"},"source_url":"https://finance.yahoo.com/news/yellen-warns-us-track-default-225445450.html","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1150874422","content_text":"Treasury Secretary Janet Yellen issued another warning to lawmakers Wednesday: Raise or suspend the debt ceiling as soon as possible.\nIn a letter addressed to House Speaker Nancy Pelosi (D-CA), Yellen said that according to the latest internal estimates, the Treasury could run out of money at some point in October. “Once all available measures and cash on hand are fully exhausted, the United States of America would be unable to meet its obligations for the first time in our history,” she wrote.\nThe Treasury has been using its cash surplus to make payments since the suspension of the debt ceiling expired last month and has employed “extraordinary measures” to postpone as many payments as possible to delay the threat of default as long as possible. Those measures include “a suspension of certain investments in the Civil Service Retirement and Disability Fund, the Postal Service Retiree Health Benefits Fund, and the Government Securities Investment Fund of the Federal Employees' Retirement System Thrift Savings Plan,” Yellen said.\nWhile there is some uncertainty about the exact date, in part due to substantial tax payments expected on September 15, Yellen urged Congress not to wait.\n“We have learned from past debt limit impasses that waiting until the last minute to suspend or increase the debt limit can cause serious harm to business and consumer confidence, raise short-term borrowing costs for taxpayers, and negatively impact the credit rating of the United States,” Yellen wrote. “A delay that calls into question the federal government's ability to meet all its obligations would likely cause irreparable damage to the U.S. economy and global financial markets. At a time when American families, communities, and businesses are still suffering from the effects of the ongoing global pandemic, it would be particularly irresponsible to put the full faith and credit of the United States at risk.”\nPelosi blames Trump: The Speaker told reporters Wednesday that Democrats plan to act on the debt ceiling in the coming weeks, though she offered no details on how they plan to do so. She did, however, say that they will not add a debt ceiling increase to the $3.5 trillion spending bill they hope to pass on a purely partisan basis.\n“We won't be putting it in reconciliation,” Pelosi said, rejecting the approach recommended by Republican leaders, who have said they will not vote to increase the debt limit.\nPelosi invoked former President Donald Trump’s policies as she discussed the debt limit, while also chiding Republicans for their refusal to cooperate with the effort. “The Trump administration … amassed over $7 trillion in debt, and that's what this debt ceiling lift is paying for ... We're paying the Trump credit card with what we would do to lift the debt ceiling,” Pelosi said. “It's the responsible thing to do. I would hope Republicans would act in a similar way.”\nSen. Majority Leader Chuck Schumer (D-NY) also criticized Republicans Wednesday for their stance on the debt ceiling. “It would be just the height of irresponsibility for Republicans to play games to take the debt limit hostage,” Schumer said. “It would be a horrible act — a despicable act really.”","news_type":1},"isVote":1,"tweetType":1,"viewCount":219,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"defaultTab":"posts","isTTM":false}