Rebirth of the Financial Crisis Sweeping the World

Chapter 476 476 Horror Quotes

The next day, July 15th.

Financial markets haven't opened yet, but the Federal Reserve is already meeting.

Everyone is looking forward to the big news coming out of the minutes of this meeting. It doesn't matter whether it's bad or good. What's important is that your judgment is correct and you make big money.

Both the long and short sides are looking forward to it.

Long retail investors:

"The minutes of this Fed meeting will definitely send the stock market plummeting"

"Yeah, I'm going to make a lot of money this time by buying the bottom."

"I have spent hundreds of thousands of dollars to hunt for the bottom, so I should be able to make a sure profit."

"It's going to skyrocket by a few hundred points. Blackshirt Investment Bank's analysis is very accurate."

"Yes, financial stocks and technology stocks have skyrocketed for me!"

··

Short retail investors:

"The minutes of this Federal Reserve meeting show that the stock market will be shaken again, and the opportunity to make a fortune will come."

"Yes, yesterday I also shorted the Dow Jones Index and several major bank stocks."

“I short Wells Fargo, Bank of America Corp., Citibank”

"This time the stock market will plummet for several days. Everyone must seize the opportunity to make a fortune."

“If you win, you won’t have to work for half a year, if you lose, you won’t have to work for half a year.”

"Just do it, and you'll get rich today."

··

Soon financial markets opened.

The stock market fell, and the Dow Jones index fell 80 points, from 8100 to 8020.

The bears are full of blood.

"It fell, it fell!"

"Ahaha, it's fun this time"

“When the Fed minutes are released, it will definitely plummet by hundreds of points.”

“It’s developed this time”

··

The Fed did not release meeting minutes, while Intel Corp. released results.

Wall Street Journal: Intel Corp. released sales data showing that computer sales far exceeded expectations in the last fiscal quarter, which may mean that overall capital investment is on the rise. Consumer spending accounts for more than two-thirds of the U.S. economy, and increased spending by consumers is often seen as key to the U.S. economic recovery.

The Dow Jones rose another 150 points,

It rushed to the 8170 position, but was suppressed to the 8150 position soon after.

“Just waiting for the minutes of the Fed meeting”

"Yes, come out quickly"

"Let the stock market crash!"

"Aha, let's plummet!"

··

At this time, an official from the Ministry of Finance claimed that the unemployment rate will reach a maximum of 10.1% this year, but the economic recovery may be very slow, and unemployed workers may have difficulty finding new jobs in the next few years.

It suddenly turned around and fell, with the Dow Jones index falling 50 points to 8,100.

"It's over. This time the Ministry of Finance said that the unemployment rate is as high as 10.1%. It seems that the minutes of the Federal Reserve meeting are definitely negative for the stock market."

"This time the price may plummet. Should I clear my position?"

"Fuck, what should I do?"

“News from the Fed is coming soon”

···

The market is very tight right now.

finally come.

The Federal Open Market Committee said in minutes that they expected the U.S. economy to decline at a slower pace than they expected.

Bloomberg: The U.S. economy has actually stabilized. At least investors can say today that the U.S. economy is not as bad as expected

The Fed said industrial output fell 0.4% in June, down from a 1.2% decline in the previous month.

The Labor Department reported that CPI increased 0.7% last month, driven by rising gasoline prices, slightly higher than economists' expectations of 0.7% and the highest level in 11 months.

The U.S. national debt suddenly plummeted, and the stock market began to soar.

The Dow Jones Index, Nasdaq Index, and S\u0026P 500 Index all surged.

Citibank, Wells Fargo, Bank of America Corp., Amazon.com Inc., Ford Motor Co., Cardinal Health, Macy's Department Store Inc., Macy's Pizza Co., Huntington Bank, Fifth Third Bank, Silicon Valley Bank, East West Bank, Bank of Hawaii, Hawaii Airlines, Holden Homes Inc. shares are all rising.

These assets held by Wang Guanxi are all increasing in value.

He holds 500,000 long orders on the Dow Jones Index, and his book profits are also increasing crazily.

The Dow Jones is on a roll.

8140

8180

8240

8260

8295

8330

8345

···

That day, the Dow Jones Index reached its highest point of 8,635 and finally closed at 8,600.

··

But at this moment, Wells's eyes were dull at the American Manufacturer's Bank, cold sweat was pouring down his back, and he was scared out of his wits.

"Why is this happening!"

"Why!"

"Cao!"

“Why is the economy starting to recover?”

“Isn’t the unemployment rate at a 26-year high?”

"Isn't the unemployment rate more than 10% this year?"

“Isn’t it difficult for many people to find jobs?”

"damn it!"

Now he holds 600,000 short orders on the Dow Jones Index in his account, with a floating loss of 350 points on his account, for a total floating loss of US$2.1 billion.

From a floating profit of US$2.7 billion to a floating loss of US$2.1 billion, Wells felt a huge gap in his heart.

And the Feld Group Building.

The faces of Soros, Feld, and Milus Messi were also extremely gloomy, unwilling, and angry.

The three of them never expected that the stock market would soar so much when the minutes of the Federal Reserve meeting released some good news for the economy.

Soros; "We may have to retreat, otherwise we will have to exit at a loss"

Feld was filled with jealousy: "This black-shirted investment bank is really hateful!"

Milus Messi also said: "I am really unwilling"

Soros sighed: "If the Dow Jones Index rises above 8,700, we will close our position."

Felder, Milus Messi nodded helplessly for two days.

When the Dow Jones Index fell to 7,700 before, they did not close their positions and firmly believed that the Dow Jones Index would fall below 7,000.

Unexpectedly, it rushed to the 8600 position in an instant, causing them to lose a lot of profits.

In Huntington Building, Wang Guanxi’s No. 1 fund account holds 500,000 long orders, with an average opening position of 7,900 and a floating profit of 700 points, for a total floating profit of US$3.5 billion.

The net value of the account is as high as 9.3 billion US dollars.

Wang Guanxi said excitedly: "I can earn at least 4 billion U.S. dollars this time."

Wu Zhanhai said: "BOSS, the short sellers in the market have collapsed now, and the Dow Jones Index will definitely continue to rise tomorrow."

Wu Hongsheng also said: "Yes, the short sellers in the market were massacred today, and those investors who were short-selling at low prices liquidated their positions one after another."

Li Guangyu also said: "Soros, Feld, Milos Messi and others also suffered heavy losses in book profits today, and they must have closed a lot of short positions."

Wang Guanxi smiled and said, "That's natural. Soros and others have already failed. If they run away now, it's still too late."

Lu Jianyan said: "Soros and others are lucky, but Wells is miserable."

Guan Zhenyi smiled and said: "This time Wells has at least lost more than 2 billion US dollars, and he has been deeply trapped."

Lin Jiyang: "I guess he must still be carrying it, feeling very desperate inside."

Wang Guanxi chuckled: "This time, we will close the position after he liquidates it."