The disaster in the US is getting worse, and the whole world is shocked.
Feng Yu is also human, and he is not feeling good when he sees these tragic scenes. Can't countries coexist peacefully? Must people die?
The US immediately responded, but some economic losses are unavoidable.
After this incident, the US investors start to sell their shares in panic. The US Dow Jones, Nasdaq, and S&P indices all plunged.
Everyone felt the US economy will be hit hard, and it's better to sell their money in the stock market. After all, shares are only shares and not money. Holding on to USD will make the investors feel safer.
Now, no company's share prices can go up against the market. All the shares are falling, and the bigger the company, the worse their share prices will fall.
This time, the so-called blue chips began to lead the fall again. Under such circumstances, many people believed that the big companies would suffer a greater blow.
This is the truth. After all, there are many big companies in the World Trade Center. This incident had caused a lot of data loss for many companies, and their businesses are paralyzed.
On that day, the Nasdaq index fell by more than 5%, and it is still falling the next day.
Although the US government had responded by investing a large amount of funds into the stock market to stabilize the market, it is still a drop in the bucket. But it was a pity that it was a drop in the bucket. When everyone wanted to dump their shares, the government's investment was of no help.
The stock market has been falling for the past week, and the Nasdaq index had fallen by more than 16%. It is falling faster than Enron, WorldCom, and the dotcom bubble.
The Dow Jones index has fallen by more than 14%, and S&P index has fallen by more than 11%.
Not only that, the US stock market plunged, and the rest of the world's stock markets fell. London, Tokyo, Hong Kong, etc. stock markets are also falling, but not as much as New York.
… …
"Boss, why are you so unhappy about the stock market plunging? Although the leverage we used isn't very high, we will definitely be able to double our profits this time. "Drucken Miller looked at Soros' indifferent expression and was very puzzled.
"Drucken, have you ever thought that Feng might know about this beforehand?" Soros asked.
Drucken Miller is shocked. "Boss, how can this be?! If Feng had known about this beforehand, he would not have invested so little in this project. According to our investigation, he only invested less than 10 billion USD in shorting the stock index, and he also did a lot of hedging. His leverage is not as high as ours. "
Drucken Miller's meaning was obvious. If he knew about this, he would definitely use high leverage to short the stock index and make a fortune. With Feng Yu's funds, it should not be a problem for him to take out 20 to 30 billion USD. In that case, Feng Yu could earn at least tens of billions of USD, or even hundreds of billions of USD!
Soros shook his head. "No, if I knew about this, I might not have done this. Do you think the government won't investigate? Anyone who was involved in this matter would be in great trouble. Of course, I'm just guessing. Perhaps it really is a coincidence. "
"Boss, the government is desperately trying to stabilize the stock market. When is the right time for us to buy the contracts and settle them?"
"Before the end of next week."
"Boss, it's impossible for the stock market to recover before next weekend. It should still be falling." Drucken Miller frowned.
"We will withdraw our funds and invest in gold!"
Drucken Miller suddenly understood. In any war, gold, as the true international currency, would be the strongest. In fact, it would even rise during the war.
And this time, such a big thing had happened. Although it wasn't a war, it was close to it. The price of gold would definitely rise!
If the US starts a war because of this, gold will rise even more.
Also, they are Americans, and shorting the US stock market at this time is not suitable. It will hurt those capitalists' profits, and it will not be convenient for them to deal with them in the future. If they want to make more profits, they must continue to suppress the stock market. This way, they will not only be targeted by the public, but the Bush administration will also be watching them.
… …
He Zhaoji looks at the data on his PC in a daze. He doesn't understand why his boss came to Hong Kong a few days ago and told him to use his remaining funds to buy gold.
Soros had told Soros to short the US stock market, and the US stock market had suffered a huge blow. Although Soros kept telling Soros that the US stock market will fall, He Zhaoji felt that Soros knew this would happen.
As the General Manager of Wind & Rain Consulting, other than executing orders, he does not have much use. He Zhaoji was frustrated. He was once a famous financial broker in Hong Kong.
Although he was more famous now, he always felt that this fame was brought by his boss. But luckily, Soros was satisfied with his execution. After working for Soros for so many years, he had made more money.
In conclusion, he did not regret joining Wind & Rain Consulting!
This time, Wind & Rain Consulting had made a fortune in the stock market and the gold market. Soros's foresight is terrifying.
No matter what others think, He Zhaoji and the rest of Wind & Rain Consulting felt Feng Yu is the best financial expert in the world!
… …
Fu Rongqi was sighing at home. Feng Yu had suggested to him to buy some gold, and he felt the gold prices had been falling. After some research, he felt the gold prices will not rise or fall anytime soon, and the direction will not be controllable.
In the end, something big happened. The price of gold started to rise rapidly.
Although Fu Rongqi had entered the market to chase the gold prices, he had lost a lot of profits. Luckily, Fu Rongqi managed to make some profits. Like him, Professor Liang's Fu Guangzheng investment fund company also did not buy gold initially and only entered the market later. Professor Liang and Fu Rongqi's analysis was the same.
If they did not trust Feng Yu, they might even suspect Feng Yu knew about this and was involved in it.
Before this, they felt Wind & Rain Consulting's decision to short the US stock market was a mistake. But now, it seems that it was a wise decision! Luckily, they had withdrawn their investments from the US market and invested in Hong Kong. Although the Hong Kong stock market was affected, the impact was not significant and was still within an acceptable range.
Most financial investors had lost a lot from this incident, but Soros and Fu Rongqi had not lost a lot and could recover their losses by investing in gold.
… …
You've already exceeded your reading limit for today. If you want to read more, please log in.
Login
Select text and click 'Report' to let us know about any bad translation.