Chapter 956 The position is about to be closed

Author: Khurav

Chapter 956 The position is about to be closed

The development of world affairs will never change according to the will of an individual.

Regardless of whether Carter was previously worried that the stock market was falling too fast, or he is now dissatisfied that the stock market is falling too slowly, whether the bubble has burst or not, judging from the changes in the stock market in early September, this can only be called a de-bubble!

That is, through slow depreciation, the artificially high value in the market is stripped out!

It seems that there is not much difference between the "soft landing" of de-bubbles and the sudden burst of bubbles. Anyway, Carter has successfully established a position at a high price. As long as the stock price falls, he will make a profit.

However, time!

The more he dealt with economics and finance, the more Carter understood the truth that "time is money"!

For ordinary people, the value that may be created and the losses that may be caused in one minute are basically negligible. But at Carter's level.

The interest of more than 200 million a month is more than 6 million per day on average. That is more than 4,600 US dollars in interest charges accumulating every second. And most Americans at this time may not have an annual income of 10,000 US dollars.

.

After figuring out this account, Carter suddenly realized that he seemed to be stuck in a state of doing nothing, besides looking at the stock market that fell a little every day and sighing at the difference in the world.

With only a few points of average daily decline, this is obviously not a suitable time to close the position. But don't close the position. Looking at the growing interest, Carter has no intention to care about other things.

Normally speaking, after reaching this step, a qualified short seller will start to set the pace!

For example, go to various media platforms to promote your unfavorable opinions about it, or find some so-called research institutions to issue reports saying that the shorted target is indeed not good and there is something wrong with it. Please stop supporting it.

Sell ​​quickly.

However, Carter can't use any of these operations right now!

Not to mention that Carter’s current short-selling target is almost the entire U.S. stock market. Secondly, he wants to badmouth the market.

Do you really think that other institutions are stupid? None of them know that the current price of U.S. stocks is exaggerated?!

Even the federal government, which has always been inefficient, has now become abnormally efficient after Greenspan took office. It can be said that there is a problem with the market, which is now a consensus among the upper class of the United States!

Everyone knows it has problems, but why doesn't anyone stand up and say something?

Carter was very sure that if he jumped out and badmouthed the market at this time, it would not only offend his colleagues to death, but it would also be no less than a slap in Lao Bu's face.

The 1988 presidential election has now entered the second half of 1987. The preparations have already begun. Even as the Republican presidential candidate, the current Republican President Genzi will definitely support Lao Bu.

While saying that Lao Bu is good, and at the same time saying that Lao Bu is wonderful, Lao Bu came to power and the economy was screaming. The result is great, you are stabbing me in the back, right?! You haven't even taken office yet, and there is a big hole in the economy. Doesn't this make our Republican Party very bad?

Not good enough?!

It turns out that Brother Genzi was a bit too boastful before, and he was still criticized for making no achievements in economic recovery in the past two years. Do you want to do it again now?!

This kind of fatal thing must not be done. Not only can't it be done, Carter also has to help communicate with Murdoch's newly acquired Fox and say nice things to help build momentum for the upcoming presidential election year.

At the same time, in South Korea, Quan officially resigned as president of the Democratic Party of Korea in July, and Roh Tae-woo took over. Preparations are now being made for South Korea's first, relatively fair presidential election at the end of the year. Normal election preparations

, with the cooperation of Samsung and other consortiums, there is no need for Carter to intervene.

For a while, Carter suddenly fell silent. Until the time entered October.

From the beginning of August when he took two years of annual leave to now, Carter's vacation is coming to an end. And the reaction of the stock market has finally changed!

In the first week of October, the Dow Jones Industrial Average dropped 158 points. In the second week, it dropped even further by 235 points.

The Dow Jones Industrial Index, which was once around 2,740 points, has fallen to around 2,200 points!

Compared with its previous high value, it has lost about 18% of its value. The S&P 500 Index looks relatively good, but only relatively good.

Carter roughly calculated what would happen if the position was slowly closed at the current average market value price.

About US$67.65 billion, plus two months’ interest of US$328 million.

Not counting the increase in buy orders during the closing of the position and the effect on the stock price, closing the position at this time will basically result in a profit of about 12 billion!

And this figure is almost the same as Carter’s expected gross income of 14 billion!

So, should we wait any longer?!

On October 16, when the market closed, a question came to Carter's mind. In other words, Carter had basically decided to call it a day!

On the one hand, the rate of return has reached Carter's target. It is not a bad idea to stop profits in time and make peace with the situation! On the other hand, as October is halfway through, Carter's vacation is also coming to an end!

In addition, Washington also called

On the 16th, the Dow Jones Industrial Index alone set a new record, falling more than 100 points in a single day. Compared with last week, one fell by 158 points in five days, and the other fell by more than 100 points in one day.

Everyone can predict that when the market opens next week, the stock market will not look too good!

"The National Security Council has informed the major media and suppressed all bad news! But the situation is still not optimistic, and the reserves at the Federal Reserve are now slightly insufficient. Carter, I know you have a lot of positions now.

I need your help!"

"I understand, senior brother. Between us, without saying a word, I am already satisfied with the current profits. Next Monday, I will start to close my positions! It is too much to say, and it will bring about 60 billion buyer demand to the market.

I have no problem!"

"Very good! Oh, by the way, Mr. Weinberg has recently submitted his resignation to the White House regarding the candidate for the new Secretary of Defense. Currently, Mr. Reagan prefers Deputy Secretary Frank Lukacs, but he also has the qualifications to serve as Secretary of Defense.

And a Taft guy in return, I'll try to help you run it!"

Today's Secretary of Defense Weinberg is about to step down due to the Iran-Contra incident. This news is completely unfamiliar to Carter, and it is not surprising at all!

After the Iran-Contra incident, a large number of federal government officials resigned. Maybe it was to avoid the limelight, or maybe it was because of disappointment with Reagan. In any case, even in the internal strife, compared to Casey's "I don't know anything about this matter."

"Speech

Now the defense minister’s statement is:

"I have already commented on the US-Iran transaction in the memorandum of the National Security Council that 'this matter is ridiculous'!"

"This kind of thing should not have happened. I am very horrified. It is okay to support the Nicaraguan rebels, but not in this way. Congress should fund it. MacMillan gave the president a 'bad idea'!"

They also distanced themselves from responsibility, but others still maintained restraint. Even Bush Sr. said, "I think this damages the reputation of the United States, but in some special aspects, it has a certain meaning!"

When talking about the Iran-Contra incident, Lao Bu's words were also "I had reservations to some extent."

In short, most of the important members of Reagan's team did not make the same sound of biting back in their speeches in order to clear themselves up!
Chapter completed!