American Fortune Life
Chapter 1693 Success Has Never Been So Simple
? Promises must be kept and action must be resolute.
The strong wind knows the strong grass, and the toughness knows the honest minister.
The U.S. stock market rebounded unexpectedly, making all the investors who followed Andy Smith's footsteps cheer and shout long live, and regarded him as the "new stock god".
The number of followers of Andy's INS exceeded 200 million in one day, and the number of comments after every message he posted was hundreds of thousands. If it wasn't for the early cooperation between INS and Muxica Cloud Computing, perhaps Really crashes.
However, even if this is the case, there is a long delay in opening the INS page. There is no way, because Andy Smith has smashed the U.S. stock market with tens of billions of dollars and really made the U.S. stock rebound. It is no longer news in the United States. Now, at this time, the whole world is amazed at Andy Smith's crazy move!
Today, the brilliance of Andy Smith conceals the brilliance of all the richest people in the world. The richest man in the United States and the local tyrant in the desert are all scum in front of the US stock secondary market, which has hit more than ten billion dollars and plunged into the abyss. Whether it means that Andy is not short of money, or ridiculed that he is a lunatic, Andy Smith is suffering from the economic crisis at this time, in the eyes of the American people trembling in the panic of the collapse, he is a hero!
Because he really did!
The U.S. stock market turned green across the board and began to rebound strongly!
The person who originally ridiculed Andy Smith for being self-defeating and waiting to see Andy's jokes, while stunned, 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 shorts. The hedge funds under the former big short Andy Smith suddenly changed camps and started to go long. The frantic rush to kill the shorts undoubtedly caused those big shorts to lose money. Seriously, all kinds of empty talk began to spread before the U.S. stock market closed, creating panic.
What is just a temporary rebound? Be sane. Don't forget that the Dow's pattern of soaring after a crash is reproducing what happened in the 1930s and 1970s. Seeing no improvement, it once again became rampant.
The timid investors who had been watching were once again deterred and hesitant.
Facing the U.S. stocks that have already rebounded strongly, Andy Smith at this time will naturally not care about the hesitant people there, let alone the remarks of the so-called experts who sing empty words.
It can only be said that Andy Smith has said everything that should be said and done everything that should be done. The opportunity is already there. If you still can't grasp it,
Then God can't help them!
The successful man is the hero in people's mind, and also the faithful martyr he pursues. Their footsteps have never been so easy, but always heavy.
How can it be easy to succeed without putting in due effort and persistence?
Well, unless they are also time-traveling people!
Is it the start of a new bull market, or a dreaded bear market rally? Is the world economy really about to recover?
There are heated discussions going on on the Internet and on TV. At this moment in the United States, nothing can compare with Andy Smith's lavish investment of tens of billions of dollars to rescue the market and prompt the U.S. stock market to bottom out and rebound.
"...Mr. President, I can only do so much. Next, it depends on the government and the Federal Reserve. I believe that everyone hopes to maintain this rebound momentum. The panic has eased. Would love to be terrorized again, wouldn't you say?"
Andy stood in front of the floor-to-ceiling windows of the study on the second floor, looking at the entrance of the mansion in the distance, all kinds of long guns and short cannons erected, and many media reporters squatting on guard, talking to Ao Guanhai with his mobile phone.
"...Thank you, Andy, the American people will remember what you did today! Don't worry, I just communicated with the chairman of the Federal Reserve. "quantitative easing" monetary stimulus.
Believe me, it's all over, as you said, wait for the fog to lift and the sun to shine brighter after the storm. . . "
Andy, who hung up the phone, had a meaningful arc on the corner of his mouth, his eyes were slightly squinted, and he looked into the distance.
"Is the sun brighter...hehe."
After experiencing the thrilling torrents and rapids, people happily came to a wide lake, and everything seemed to have calmed down.
At this time, only those who stand on a high place will suddenly find that not far ahead of the downstream, there is a terrifying super waterfall lying across the lake.
It is within the expectation of Andy and his think tank that the Federal Reserve will introduce the "quantitative easing" monetary stimulus policy again in the near future. Of course, this is also within the market's expectation.
However, during the period after the outbreak of the financial crisis, global central banks cut interest rates hundreds of times, released monetary quantitative easing of more than ten trillion dollars, and global interest rates fell to the lowest level in many years. This super-loose monetary policy is indeed It can successfully prevent debt default and deflation, and it can also give birth to one of the best bond and stock bull markets in history.
But the easing of currency is like smoking YA movies, it will be addictive, it will go crazy, and it will eventually collapse.
Because in Andy's view, if the huge impact of the financial crisis is really to end, the only reason for stock prices to rise can only be global liquidity stimulation in the form of central bank money printing or quantitative easing.
However, like any Ponzi scheme, with the "feast" over, the stock market and bonds will usher in another crash.
"Ten years of reincarnation, I'm afraid it may not be a fantasy..."
Andy sits at the desk and looks at the investment catalog sent by Alvetrie. At this time, Andy is no longer a financial novice at the beginning, and he has his own set of judgments.
When the S\u0026P 500 plummets, it's a good time to buy gold because the Fed changes policy then.
to stimulate the economy.
The 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 Fed announced the quantitative easing policy, it is conceivable that the dollar will start to fall.
The rising stock index futures and falling dollar exchange rate are the main focus of Andy's investment in the future.
The news of Citigroup's unexpected profit has greatly eased the market's worries about the huge losses in the banking industry. In the afternoon, led by banking stocks, major stock indexes rebounded strongly.
In addition, Bernanke delivered a speech an hour before the closing bell, claiming that it is very important to solve the valuation problem of distressed assets. He said that the shortcomings of the accounting standard 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. Investors were encouraged by Bernanke's speech in line with market expectations.
Driven by Andy Smith's massive funds regardless of cost, driven by various good news, when the New York stock market closed, the Dow Jones 30 industrial stock average price index rose by 5 points compared with the previous trading day. .8%. The Standard \u0026 Poor's 500 stock index rose 43.07 points, or 6.4%, to close at 10. The Nasdaq Composite Index rose 89.64 points to close at 7.1%.
Andy looked at the real-time screen of the New York Stock Exchange broadcast on TV. Some stock exchanges couldn't wait to put up the slogan "The bull market has returned" 10 minutes before the close, and he couldn't help smiling proudly.
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