Chapter 963 Falling Deliciously
Chapter 963 The decline is delicious
Author: Khurav
Chapter 963 The decline is delicious
"The country's economy is running well, the employment rate is at the highest level in recent years, production is recovering, and the trade balance is also improving."
"The collapse of the stock market and futures market has plunged the bond market into chaos! It is foreseeable that when the sun rises tomorrow, the price of ten-year and thirty-year government bonds will rise further!"
"According to reports, under the influence of global markets, Japan, the United Kingdom, France, Germany, Australia, Hong Kong and other places have all experienced significant stock market declines. The Nikkei Index fell 620 points, or 14.9%; Singapore's Straits Times Index fell 169 points
, down 12.4%; Australia.”
"Everything is in chaos!"
The night of October 19th was destined to be a sleepless night for most people.
The United States has had enough of the dividends of so-called developed countries, and it has also suffered the corresponding consequences at this time. As the party of production transfer, risk transfer
In the past, when the United States relied on its capital power to sweep the world, one of the benefits it brought was a large number of high-net-worth jobs. In human terms, it was the financial and business service industry with the financial industry as its core.
For example, lawyers, accountants, consultants, etc.
Even in the United States in 1987, there were still more than a quarter of the population, and wealth and finance were closely related. Whether it was the leeks in the market or the staff who provided services
I'm afraid I'll have to lose sleep this night
Even while driving on the streets of Washington, D.C., Carter could vaguely see people flickering on many rooftops. Cheap goods in supermarkets and convenience stores were robbed even before they closed in the afternoon.
What makes Carter somewhat depressed is that until now, it is already after 9:30 pm on the 19th, and a lot of his transaction information has not been updated. It is now certain that only about 28.4 billion limit buy orders have been successfully traded.
.There are still about 50 billion commissions, and the results are not yet visible.
And now, Carter, who was rushing to the airport, was also speculating in his mind about what might happen tomorrow.
On the one hand, the Federal Reserve, that is, the Federal Savings Committee, will inject funds into the Federal Savings Banks, and then issue preferential loans to major commercial banks through regional Federal Reserve banks to ensure that securities dealers can obtain sufficient liquidity;
On the other hand, the federal government comes forward to lobby large companies, trying to get them to use working capital to repurchase company stocks, so as to increase buyer demand in the market and promote the restoration of market confidence.
To put it simply, the United States' measures to deal with this crisis are just two simple points.
On this first point, Carter is not sure whether tonight's negotiations with Greenspan will be successful. In other words, when will he convince the remaining seven Fed chairmen who are not very receptive to cooperate with the federal government and cooperate with the Federal Reserve to provide commercial banks with
adequate discount services;
This second point, Carter is relatively sure will happen.
In fact, no listed company wants to see its stock price plummet. This is especially true for most shareholders at the shareholders' meeting, including ordinary directors on the board of directors. Many of them are not focused on one company.
They are all counting on making money by increasing the stock price. How can this be the case that the chairman of the board just doesn’t do it?
Looking at the list of listed companies today, real estate companies are a big sector. The industry with the most Republicans does not look at the monk’s face but the Buddha’s face, so there is basically no obstacle to convincing them to cooperate; manufacturing companies, in the United States, all large manufacturing companies that have a good reputation
, who doesn’t have some government orders in their hands?! If you refuse now, do you still want to get involved in the future?!
As long as big companies in these two industries come forward and serve as leaders, there is basically no need to talk about the rest of the industries, and they will naturally follow suit.
Moreover, this time, the stock prices of large companies fell the most!
General Electric, down 33%; ATT, down 29.5%; Boeing, down 29.9%; American Express, down 38.8%. Including Coca-Cola, which Carter will visit, the stock price also fell 36.5% today
Almost every big company with a name has lost more than 30% of its market value in this plunge.
"Okay, okay, calm down. Paul, please advise Bill, what's wrong with this? I've told you a long time ago that the stock price drop this time is an inevitable result. You see, my HT has dropped by 20%.
%?"
"He understands the truth, but he just can't accept the loss of 3 billion in net worth."
"Hey, my net worth is all fictitious, that's not important. If you look at it this way, didn't I lose more than 2 billion on Microsoft because of this? It's actually not important. What's important is that the business is stable! The money earned from the business,
That’s real money! My friend!”
Microsoft, which went public last year, also suffered heavy losses under this wave of blows. Carter was not surprised to receive calls from the two men, but at this time Carter did not have time to comfort them.
Coca-Cola's stock price plummeted, which can be said to make Carter's eyes red!
Originally, Carter thought he would suffer a small loss from Buffett, but he didn’t expect that in this wave, the bigger the company, the bigger the decline.
Coca-Cola's share price fell more than that of any furniture brand.
Looking forward to tomorrow, these large companies will all have to buy back their company's shares and raise their stock prices again.
It is false to complete the White House's commission and lobby Coca-Cola to buy back its stock, but it is true to talk about it!
It stands to reason that in today's situation, the seller is completely suppressing the buyer, and his transaction should not be failed. However, after the current processing and statistics are completed, he has more than 50 billion US dollars that cannot be converted.
for stocks.
This shows.
"The price is still a little low."
At home in Goizueta, Carter smiled bitterly and shook his head:
"In today's situation, we are like blind and deaf people! No one knows what the market price is, and both parties are blindly guessing. I guess you will accept what price to sell, and you are also betting. With your
Can someone take up the offer?"
"This only means that the price you quoted is too low! Greedy brat!"
The old god was sitting on the sofa with his legs crossed. The Cuban aristocrat understood Carter very well.
As soon as I heard that Carter had a large number of orders that were not completed, I immediately guessed that this was nothing at all. Because the information was not transparent, buyers and sellers did not have a price range to refer to, which led to no transactions.
If this is simply the case, and we use Coca-Cola’s stock price at the opening to speculate on the price they may accept, then there is no situation where the transaction will not move.
"It is true that many shareholders have listed their stocks for sale today. As far as I know, the price of the one with the lowest price is more than twice as low as before! If there is no transaction yet, it only means that the price you quoted is
The price is less than two-thirds or even one-half of our previous stock price! If you still come with this price this time, then we’ll see you on the stock market tomorrow!”
"When the time comes, everyone will depend on their abilities!"
Chapter completed!