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Text Chapter 833 Trigger

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    Standing in the office above, looking at the cheering super players in the operation hall below, Jin Xiaoqiang was also in a good mood. In just one day, one of his decisions made Thunderbird Company a great success. Such a life-and-death opportunity  It feels really great.

    The time entry point was chosen very well, and I am fortunate that I am in the United States, in New York, in Manhattan, the closest place to the world's financial center. Otherwise, if I had changed to another place, it might not have been so fast.

    And it is precisely because this is New York, the most open financial market in the world, and the largest handicap, that I can achieve such success.

    You must know that if it were the financial market of any other country in the world, Thunderbird¡¯s hype model yesterday and today would not be feasible.

    After all, they have three billion U.S. dollars in hand. With so much money going short, coupled with leverage, no market outside the United States can withstand such an impact.

    Three billion U.S. dollars, plus ten times the leverage, this is thirty billion U.S. dollars. With such a large amount of funds, if you put in a huge amount of short orders, who else would dare to take the order and bet against you?

    Such an operation is unimaginable in any market, but this is the United States, this is Manhattan, and it is the most open financial market in the world.

    As early as the 1990s, the daily capital flow here was in units of tens of billions and hundreds of billions. After 2000, especially after 9/11, and after the United States attacked Afghanistan and Iraq, the flow here again  has become the safest capital market in the world.

    Almost all large investment banks and investment institutions in the world operate in this market. The capital flow here every day now exceeds 100 billion. When the fluctuations are large, it is not impossible that the capital flow here every day exceeds one trillion. Every year  The capital flow in this capital market exceeds RMB 10 trillion, which is a trivial matter.

    This can be seen from the fact that the subprime bonds and their derivatives were only issued for just two years and were hyped to a scale of 62 trillion. The terrifying aspect of this market can be seen.

    ¡° Thirty billion US dollars elsewhere might have blown a big hole in the local capital market, but here, there wouldn¡¯t even be a splash because there are so many gamblers here.

    "Boss. Now we have one-month, three-month, and six-month short orders in hand, which are almost more than 4,000 short orders. This afternoon, the Dow Jones Index has plummeted by more than 60 points, and the Nasdaq Index is still  The Standard & Poor's is also falling in response. The stocks of some banks we shorted are also falling. Overall, this afternoon alone, we probably made about 500 million."

    Brian, who was reporting work to Jin Xiaoqiang, was also full of joy at this time. It seemed that a big victory was inevitable this time. According to the boss's generosity, there was no telling how many millionaires and thousands more would be born in the company this time.  A millionaire.

    "Haha, don't be happy too early. They will probably counterattack on Monday."

    Jin Xiaoqiang said with a smile, and Brian's face straightened after hearing this. Indeed, today's plummeting of US stocks has caused losses to Goldman Sachs, Morgan and several other major investment banks, not to mention those large-scale investment banks.  As for investment institutions, it is estimated that just the plunge in the past few hours this afternoon is enough for them to lose billions.

    Faced with this situation, Goldman Sachs, Morgan and the investment institutions behind them.  They will definitely not sit idly by and ignore it, and even the US government will not agree.

    After all, this situation is very detrimental to the development of the US economy.  If the market is allowed to continue to plummet like this, it will definitely evolve into a financial storm in the future, which will be a financial crisis.

    Anyone with common sense knows that this is definitely a situation that the U.S. government, and even governments around the world, do not want to see, so they cannot sit back and watch this happen.

    As expected, it was completed on the same day, and the Federal Reserve released new news, telling everyone not to worry. I believe that the drop in each share this afternoon is just a market reaction.  Things are not so bad that an economic crisis is about to break out. The Federal Reserve and major banks are also mobilizing countermeasures. They believe that the U.S. economy will be revitalized soon. Therefore, investors are asked to be patient and have confidence in the U.S. government.

    When Jin Xiaoqiang saw the Fed spokesperson fooling around on the TV like this, he couldn't help but laugh.  It seems that in this world, crows are as dark as crows. China¡¯s news broadcasts must be listened to backwards, and the news from the United States is the same. Just listen to them backwards.

    But as if to confirm the Federal Reserve¡¯s guarantee, the New York Stock Exchange opened a strong positive market as soon as the market opened on Monday morning, and the stocks of several important companies in the United States showed an upward trend.

      Some relevant large companies have released some quarterly earnings reports, or announced a lot of good news. Stimulated by such good news, the stock prices of many large companies in the United States have continued to rise, which has also led to  The Nasdaq, S&P and Dow Jones were higher.

    The Dow Jones Index also rose from 13,040 points last Friday to 13,050 points, an increase of ten percentage points.

    Such strong measures have finally restored the confidence of some investors, but there are still many investors who are not optimistic about the current situation.

    "After all, everyone has expected these tricks, and the profit reports and good news of these big companies are also false. In the eyes of many sensible people, the U.S. real estate market is the key.

    Only if this market recovers strongly will everyone continue to have confidence in your US financial market.

    But there are so many houses that can be sold at once, so everyone can only wait and see, and plan to wait and see. After a while, especially the housing sales in June will be announced this month.  Will the data be more optimistic than last month? If it is better than last month, it means that the market is picking up.

    ¡° Then everyone will have confidence in that sub-prime bond. After all, no one wants such a big plate to fall down all at once.

    So for more than a week after that, the U.S. stock index futures market has been in a stalemate, the trading volume is not very active, and many people are waiting and watching.

    Even though the trading volume is not large, the U.S. stock futures index is still on a roller coaster. It rises by a few percentage points today and drops by a few percentage points tomorrow. However, overall, it rises less and falls more.

    After all, when the market is uncertain, everyone will choose to seek advantages and avoid disadvantages, and will choose to hoard more funds in their hands to prepare for emergencies.

    At this time, the hearts of many senior executives of large investment banks and large investment institutions in the United States are already hanging in their throats. Everyone is praying that this trend will pass quickly and that the bubble must not be burst at this time.

    In this way, everyone can have a little more time to prepare for self-rescue. Unfortunately, the fate of the people did not work out. Just nine days after the U.S. stock index futures market fluctuated sharply downward on July 10, that is, on July 19.  On this day, Bear Stearns, one of the five major investment banks, did not cover up and came out with very bad news.

    Bear Stearns Senior Structured Credit Fund and Bear Stearns Senior Structured Credit Enhanced Leveraged Fund both announced losses. You must know that these two funds were still profitable in the first four months of the first half of the year, but this was not a short period of time.  Just two months later, these two funds lost $850 million. As soon as this news came out, investors' confidence was instantly shattered.

    You must know that as of June 19, the data released by these two funds show that within one year as of that date, their total fund volume has increased by 175% compared with a year ago.  , but in just one month, these hundreds of millions of funds were about to go bankrupt. What happened here?

    No one can figure it out, and no one wants to figure it out at this time. What everyone is most concerned about at this time is to escape from the market as soon as possible. Sell out whatever bonds, funds, etc. you have in your hands as soon as possible.  The more money the better.

    Since July 19, U.S. stock futures have been falling continuously. People have completely lost confidence in the U.S. subprime debt market, and many people are rushing to escape from this market.

    Even if you don¡¯t want to leave, you just want to reduce your losses as much as possible. The financial market is in chaos for a while, and countless people go bankrupt every day. The scene is just like the big disaster decades ago.  The situation is exactly the same during the stock market crash. Countless people choose to end their lives by jumping off buildings or hanging themselves every day.

    After all, the deficit of suddenly becoming a pauper from a billionaire is too great, and not everyone can afford it.  .  .

    Other companies and investment banks were in mourning, but at Thunderbird, there was a scene of joy. This time the boss led everyone to make the right bet. At present, it seems that the market is going down and the financial crisis seems to be unavoidable. Although  U.S. officials and major investment banks have not yet admitted that this is a record-breaking financial crisis, but as insiders, they know that this financial crisis is inevitable.

    The actions of these two funds owned by Bear Stearns were completely the trigger of the financial crisis, but even if they were not the ones to take the lead, there would always be another unlucky guy who would step up to take the lead on their behalf.

    At this time, the gamblers who were sitting opposite themEveryone began to gradually understand this truth. Deutsche Bank was the first to make a move. They no longer covered their positions, followed by the Bank of France, and then UBS. They had decided not to follow the bets and to stop losses.  .  .

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