Chapter 1693 Success has never been so simple
You must be faithful and do what you do.
The strong wind knows the strong grass, and the swaying one's deeds knows the sincere ministers.
The U.S. stock market flashed an unexpected rebound, causing all investors who followed Andy Smith's footsteps to shout happily and shouted long live, and regarded him as the "new stock god".
Andy's Ins' followers exceeded 200 million in one day. The messages he posted were hundreds of thousands. If Ins hadn't cooperated with Moushika cloud computing early in the morning, it might have really collapsed.
However, even so, the opening of the ins page has been delayed for a long time. There is no way, because Andy Smith used 10 billion dollars to smash the US stock market and really made the US stock market rebound, which has long been no longer news in the United States. At this time, the whole world was amazed by Andy Smith's crazy actions!
Today, Andy Smith's light has covered the light of all the rich people in the world. What is the richest man in the United States and the desert tyrant? In the face of the feat of the US stock secondary market that has plunged into the abyss by more than one billion US dollars. Whether it is whether Andy's rich man is not short of money or mocking him as a lunatic, Andy Smith is now suffering from the economic crisis and is a hero in the eyes of the American people who are trembling in the plunge panic!
Because he really did it!
The US stock market turned green all over and began to rebound strongly!
The person who wrote the man who originally mocked Andy Smith for being overestimated and was waiting to see Andy jokes was stunned and he also began to jump out and sing the opposite tune very sourly.
After all, the strong rebound of the US stock market is undoubtedly the biggest impact on the big bears. The hedge funds under the former big bear Andy Smith began to go long and frantically storm the short side, which undoubtedly caused the big bears to suffer heavy losses. Various short-sing arguments began to spread before the US stock market closed, creating panic.
What is just a temporary rebound? Be rational. Don’t forget that the Dow Jones Index soared after the plunge is reproducing the situation in the 1930s and 1970s. At that time, the stock market soared sharply and almost fell back to its original point, and it did not improve for several years, and it became increasingly popular again.
The timid investors who were originally watching were discouraged and hesitant again.
Faced with the US stock market that has rebounded strongly, Andy Smith naturally would not care about the hesitant people there, nor would he care about the remarks of the so-called experts who sang in the short.
I can only say that he, Andy Smith, has said everything he should say, and has done everything he should do, and the opportunity is already there. If he still can't catch it, then God can't help them!
Successful people are heroes in people's minds, and they are also loyal martyrs they pursue. Their steps have never been so easy, but are always heavy.
How can you succeed easily without putting in due effort and persistence?
OK, unless you are a time traveler!
Is it the beginning of a new bull market or a terrible bear market recovery? Is the world economy really about to recover?
There is a heated discussion on the Internet and on TV. At this moment, nothing in the United States can compare to the feat of Andy Smith spending tens of billions of dollars to rescue the market and prompting the US stock market to bottom out and rebound.
"...Mr. President, I can only do this. Next, it depends on zhèngfu and the Federal Reserve. I believe that everyone hopes to maintain this rebound momentum. The panic has eased. No one will like to be shrouded in fear again. What do you think?"
Andy stood in front of the floor-to-ceiling window of the study on the second floor, looking at the door of the mansion in the distance, with various long guns and short cannons and many media reporters squatting, holding his mobile phone and talking to Ao Guanhai.
"...Thank you, Andy, the American people will remember everything you did today! Don't worry, I just communicated with the chairman of the Federal Reserve. The Federal Reserve will recently introduce a "quantitative easing" monetary stimulus policy with a total scale of about one trillion US dollars.
Believe me, everything has passed, just like you said, waiting for the fog to clear away, and after the wind and rain, the sunshine becomes brighter..."
Andy, who hung up the phone, had a meaningful curve on the corner of his mouth, narrowed his eyes slightly, and looked into the distance.
"Is the sun shining brighter...haha."
After experiencing the thrilling rapids and dangerous shoals, people happily came to a wide lake, and everything seemed to have calmed down.
At this time, only those standing on high places will suddenly discover that not far ahead of the river, a super waterfall that is terrifyingly terrifyingly saithed under the lake.
The Federal Reserve will introduce another "quantitative easing" monetary stimulus policy in the near future. This is within the expectations of Andy and his think tank. Of course, this is also within the market's expectations.
However, during the period after the outbreak of the financial crisis, global central banks cut interest rates hundreds of times, releasing more than ten trillion US dollars in monetary quantitative easing, and global interest rates fell to the lowest level in many years. This super-loose monetary policy can indeed successfully prevent debt defaults and deflation, and can also spawn one of the best bond and stock bull markets in history.
But the loose currency is like absorbing ya tablets. It will become addictive, go astray, and eventually collapse.
Because in Andy's view, if the huge impact of the financial crisis is really ended, the only reason for the rise in stock prices is to be the global liquidity stimulus in the form of central bank printing money or quantitative easing.
However, all this is like any Ponzi scheme. With the end of the "feast", the stock market and bonds will usher in another collapse.
"A ten years of reincarnation may not be a fantasy..."
Andy sat at the desk and looked at the investment directory sent by Alvetre. At this time, Andy was no longer the financial novices he had just started, and he also had his own judgment.
When the S&P 500 index plummets, it is a good opportunity to buy gold, because the Fed will change its policy at that time.
Turn to stimulate the economy.
The US dollar began to rebound in April 2008, and now it has almost reached its peak in March 2009. At this time, the stock market bottomed out and rebounded. If the Federal Reserve announced a quantitative easing policy, it is conceivable that the US dollar will begin to fall.
Rising stock index futures and falling US dollar exchange rates are the main focus of Andy's investment in the next step.
News of Citi's unexpected profits greatly alleviated the market's concerns about huge losses in the banking industry. In the afternoon, US stocks, driven by bank stocks, rebounded strongly.
In addition, Bernanke delivered a speech one hour before the closing, claiming that it is very important to solve the valuation of non-performing assets. He said that the shortcomings of accounting standards calculated based on market value should be identified and improved. At the same time, Bernanke also elaborated on the idea of establishing a systemic risk regulator. Since Bernanke's speech meets market expectations, investors were encouraged.
Driven by Andy Smith's massive amount of funds at all costs and various positive news, by the closing of the New York stock market, the average price index of the Dow Jones 30 industrial stocks rose 379.44 points from the previous trading day, closing at 696.49 points, an increase of 5.8%. The S&P 500 stock index rose 43.07 points, closing at 719.60 points, an increase of 6.4%. The Nasdaq Comprehensive Index rose 89.64 points, closing at 1358.8 points, an increase of 7.1%.
Andy looked at the real-time footage of the New York Stock Exchange broadcast on TV. Some stock transactions could not wait to slogans "The bull market has come back" 10 minutes before the closing, and couldn't help but smiled proudly.
Chapter completed!