Su Yue nodded and said, "Okay, I haven't been there for a long time."

It was sunny in August, and it was just past five o'clock. It was dark and there was still a long time to go to West Lake, but it was still time to go to visit West Lake.

I heard the conversation between Su Yue and Xiao Qianya.

Without waiting for Su Yue's order, Mo Xiaocheng took a sharp turn and ran towards West Lake.

When I arrived at the destination, I stood on the embankment and saw the sunset, the lake sparkling, and the scenery was reflected in the water. As the breeze blows, the water waves change a lot. In the view, the beautiful scenery makes people feel much more relaxed.

There are many tourists on the dike, taking photos and jubilating loudly, all of whom are happy for the beautiful scenery of West Lake.

Su Yue and Xiao Qianya walked slowly along the lake embankment, enjoying the beautiful scenery and chatting. Mo Xiaocheng followed a few steps behind him, paying attention to the surrounding movements at any time.

"Su Yue, the stock market has become more and more popular recently. How long do you think this situation can last?"

Xiao Qianya was silent for a moment, turned the topic to the stock market, and said with a little confused: "From the various economic data in the last one or two quarters, the economy has actually begun to slow down. As the barometer of the economy, the stock market should react."

"However, the market's performance is completely opposite to the economic trend, which makes me unable to understand."

"In a certain extreme state, the market has a situation where the market trend is opposite to the macroeconomic trend, which is common." Su Yue replied, "Just two years ago, at the end of the bear market and before the bull market started, at that time, the stock market also had a situation where the market trend and the economic trend were completely opposite."

"The reason why this scissor gap between the macroeconomic and the financial trading market can be created is due to market sentiment."

“The core of investment is value.”

"What we usually say about financial securities, the price changes are realized by value guiding valuation and valuation affecting prices. This is true, but..."

"As the main body of market participation, every investor has different understandings of value, valuation, and price."

"So, what was originally quantitative, through the self-analysis and judgment of each investor, has become countless variables, becoming unpredictable and uncalculable."

"This kind of personal subjective consciousness is different at various stages of the market."

"In the big bear market, investors are scared by the extreme loss effect and the continuous decline of the market. Therefore, when valuing, when determining the value of securities, all positives and future uncertainties will be eliminated. At this time... the estimated value that everyone recognizes will have serious deviations."

"In addition to the extremely low expectations in everyone's mind, they turn a blind eye to positive things and pay special attention to negative things."

"It is normal for the stock market to lag behind economic growth, and there is a scissors gap."

"When the market is in a vigorous bull market and the money-making effect accumulates to the extreme stage, everyone will go to another extreme."

"At this time, under the leadership of subjective consciousness."

"Everyone will count all the potential benefits in the future into the valuation system. The estimated value will be much greater than the original value of its securities, and a bubble will appear."

"Directions of money-making effects and emotions, people often turn a blind eye to negative news and pay special attention to positive news."

"So, when the economy slows down, it is difficult to immediately reflect in the stock market when everyone is already slow and weak in their awareness of risks."

"In this way, the stock market and economic polarization trend will appear again."

After hearing Su Yue's explanation, Xiao Qianya finally understood and suddenly realized: "It turns out that I have ignored the most important thing of 'market sentiment'."

Su Yue laughed and continued: "The ultimate participant in the financial market is every investor with different ideas."

"If you are a human, you will have emotions."

"The changes in market sentiment and the continuous changes in the valuation system with the macro fundamentals have formed this disordered financial market."

"Unpredictable and full of unknowns, this is exactly the charm of the financial market."

"Yeah!" Xiao Qianya nodded, thought carefully for a moment, and said, "Su Yue, does every emotional extreme mean a change in trend and a big investment opportunity come?"

“This is not necessarily.”

Su Yue said: "It depends on the driving force of intrinsic value. Whether this emotion can be sustained. If it can be sustained, the market will continue to develop under a certain overvalued water level."

"What about every time the economic and financial markets have a scissors gap?"

Xiao Qianya's eyes lit up and she asked again.

Su Yue thought about it and replied: "This is roughly not bad, because when the economic growth rate declines and the financial trading market continues to climb under the sentiment, the valuation bubble will become bigger and bigger, and the bubble will be big enough to a certain extent and will always break."

"I understand." Xiao Qianya said in surprise, "Thank you!"

Su Yue chuckled softly and said, "The domestic market is a unilateral market. Sometimes when you see such opportunities, you can't do anything."

"So, you have turned the company's investment focus abroad, right?"

After understanding the key points, Xiao Qianya had fully understood Su Yue’s layout and plans, and smiled and said with a genuine smile.

"That's right." Su Yue didn't hide anything. "With the development and improvement of the domestic financial market, domestic capital in the future must go out. I'll explore the way for you first, and there's nothing wrong with it."

"Su Yue, you are really... very awesome!"

Xiao Qianya looked at Su Yue seriously and said, "At your age, no one in the country can do this to you."

"That's not necessarily." Su Yue smiled, "There are still many people in China who hide and crouch. Bentayga Capital has just established some foundations at present, and the road to go in the future is still a long way."

"By the way, Qianya, what are your plans for the future?" Su Yue looked at Xiao Qianya and suddenly asked.

Xiao Qianya was silent for a moment and shook her head: "I haven't thought about it yet. Professor Gu hoped that I would stay in school. He said he would apply for a quota from the school, but I don't really want to... I still want to do the trading investment industry, and I don't want to be a teacher."

"It is also something that many people dream of staying at Huaxia University of Finance and Economics."

Su Yue sighed and continued: "Professor Gu attaches great importance to you. If you work hard in the macroeconomic field, you can inherit his legacy in the future. However... if you really don't want to and are unwilling to go home according to your parents' arrangements, you might as well come to our 'Bentayga Capital'."

"Teacher Zhao once said that your talent in financial transactions is better than your cousin."

"Our Bentayga Capital is in a stage of rapid expansion and is in a hurry to find trading talents. If you are willing to come, I welcome you at any time. Of course... in terms of treatment, I will definitely not treat you unfairly."

Xiao Qianya is not only his friend, but also his alumni, and a student he respects and values.

In any case, he would not treat Xiao Qianya badly in his treatment.

"Really?" Xiao Qianya asked with a smile when she saw Su Yue taking the initiative to invite her.

Although she knew that it was impossible between herself and Su Yue, she was still very happy if she had the opportunity to get closer and spend more time communicating with each other.

"Of course!" Su Yue stretched out his hand with a smile, "Welcome anytime."

Su Yue highly appreciates Xiao Qianya's understanding and understanding of the financial trading market. If she can be brought into the company and trained, she will definitely become the core backbone of the company in the future.

In addition, Xiao Qianya followed Professor Gu to learn the macro economy and cultivated a view of the overall situation.

As long as you practice enough and accumulate a certain amount of experience, you will definitely be able to achieve something in the international financial market. It is said that a thousand troops are easy to get, but a general is hard to find. This is the case.

Xiao Qianya looked at Su Yue with a smile, stretched out her hand to hold him, and said happily: "Then thank you Mr. Su for taking it in."

Su Yue laughed and felt very comfortable.

The two continued to walk slowly along the lake embankment, enjoying the scenery while chatting. When the sunset was only half of their faces left, the sky gradually became dark. It was almost 7:30 that time left West Lake, had supper nearby, and returned to the hotel where they stayed.

Shen Ping, who was walking with him, saw the two of them coming out and returning together, and he was familiar and close to each other in his words, and he couldn't help but think a little more.

There was more inexplicable hostility towards Su Yue.

Xiao Qianya is a well-known beauty at Huaxia University of Finance and Economics. With her superior family background and a student of Professor Gu, she has a bright future and countless people who pursue it.

Shen Ping also admires Xiao Qianya in his heart.

Although he felt that he was not worthy of the other party at the moment and might not have a chance in the future, he felt a little uncomfortable after all when he saw Su Yue, who was traveling with him, who had won the favor of the goddess.

Of course, he didn't know that Su Yue was the founder of "Benyue Capital", and he was not in the same class as him.

If I knew, I would definitely not think so.

He just thought that Su Yue was just appreciated by Professor Gu, and had some fame in school, some talent in finance and economics, but he was not a person he could only look up to and could not surpass.

Professor Gu and Chu Liangjun returned to the hotel at 9 pm.

Since Su Yue and Chu Liangjun lived in the same standard room, this man from Zhejiang who was praised by many professors of economics and finance and seniors during the evening dinner, regardless of the alumni who was not familiar with Su Yue, began to talk endlessly.

Su Yue listened silently and replied one or two from time to time.

After one night, I got to know this alumnus who is broad-minded and fat.

The next day, the leaders who had wasted a day finally calmed down. The academic exchanges and discussions began to enter the topic, and various opinions collided and sparked.

The old professors began to watch.

The main purpose is to let the students who are brought out to conduct opinion arguments and defense of topic questions.

"The last topic question." An old professor who presided over the exchange meeting looked at the questions he wrote in his notebook, pushed his glasses, and said in a deep voice, "In combination with what you have learned, answer what you think should be the core area of ​​my country's economic development in the future. If the economy wants to maintain sustainable and rapid development in the future, what are the crux and core driving forces? Everyone can speak freely."

This is the application of what we have learned in macroeconomics.

Understanding the principle and mastering the knowledge is nothing. Only by being able to see through learning can one see the problems and crux of economic development be considered to be successful in learning.

These old professors did not ask students to prescribe medicines for the national economy.

But they are required to see clearly the context of economic development and thus discover problems.

‘Sustainable and rapid development’ is the core slogan of national economic development. How can we develop continuously and rapidly? The vast majority of the more than 100 people here have never calmed down and thought about it carefully before.

They only learn based on books and the content in the textbooks, can dig deep into the content and use some knowledge briefly.

That's amazing.

As for how the country's economy is prosperous and strong, how the nation is rejuvenated, and where to start, I'm afraid 99.9% of people have never thought about it.

The old professor’s problem is not difficult, after all, everyone only needs to find out the problems in economic development.

No feasible plans were asked to come up with.
To be continued...