National Tide 1980

Chapter 1393 Big Day

It has to be said that the recent Japanese stock market is indeed good.

From January 1987 to now, the Nikkei index has been like a wild horse that has run away and cannot be stopped.

The Nikkei 225 index has risen from 18,000 points to 26,000 points, and the Nikkei stock price index has exceeded 20,000 yen.

The total market value of the Japanese stock market has reached 288.8 billion US dollars, accounting for 39% of the world, surpassing the United States to rank first in the world.

The stock price of Japan's NTT company alone is higher than the total price of Allianz Insurance Company, BASF Group, BMW, Daimler, Deutsche Bank, and Thyssen Steel Group.

During this period, Japan's capital market only had a bull market correction of 2,000 points for more than 60 days, and then it resumed its high-profile rise.

For Suho Ikuo, it was particularly fortunate that when he made a big bet and decided to fight to the death, he bought a small pit in the recovery rise.

Just one day later, the market surged with an index of up to 3%.

However, in just a few days, the Nikkei index completely recovered its previous losses and created a new high in the index.

All stocks rose to varying degrees.

On some trading days, it seems that only the "limit of price fluctuations" can limit the power of certain stocks to rise.

It can be said that in such a market, it doesn't matter what you buy, what matters is that you participate in it.

As for Suho Ikuo, he is of course the luckiest person.

This time he bet all his positions, and he almost didn't feel any risk or the pain of being tortured by the stock price, and he enjoyed the sweetness of the huge growth of stock assets, and outperformed the market index by a full two times.

How could he not be obsessed and fall into false arrogance?

He was not the only one like this. At this time, almost everyone involved in the Japanese capital market thought so.

Throughout the 1980s, because the Japanese had the highest quality of life and the longest life expectancy, Japan seemed to have become an ideal utopian society.

At the same time, Japan became the world's largest creditor country, and its per capita GDP was also the highest in the world at this time.

Even because of the use of robots in Japan, many Americans were worried that their labor force would become outdated.

Japan seemed to have become a perfect ideal country, and Japanese companies became a popular term. Business delegations from all over the world tried to find the secret of Japan's success.

At this time, the Japanese were much more confident than Americans in the 1920s.

And this confidence was confirmed in the real estate and stock markets in Japan.

Even if you are an ordinary worker or a waiter, as long as you are Japanese, you can easily get more than 50% returns in a year by investing in stocks, even if there is no leverage, even if it is a random stock.

How can this not make people crazy?

So just because the Nikkei stock index has created a new high, the Japanese began to look forward to the future again, opened champagne and celebrated in the exchange hall.

Many big speculators who participated in capital speculation believe that the most wonderful thing about this game is that the market has the possibility of unlimited rise. At the same time, the abundant funds everywhere ensure that the market will not fall.

As financial experts pointed out, many banks in Japan have a large amount of funds in their hands that are anxious to lend out.

And even if they are released, it is difficult to invest in physical manufacturing due to the exchange rate.

What is more profitable than speculating in land and stocks nowadays?

It seems that the destination of these funds is certain, and there is no choice.

And this view naturally makes the already hot securities speculation seem even more crazy recently.

So much so that many government agencies become empty during stock trading hours, and some cold offices even stop serving directly during trading hours. Only after the trading hours are over, these civil servants will return to the office one after another.

The situation is the same in colleges. The students of the Finance Department of Keio University are the first to get used to skipping classes every day.

Some elementary school teachers' quizzes are actually about the stocks purchased by academic parents.

Taxi drivers refuse to pick up passengers for fear of missing trading hours. Now it is daytime, and customers who want to take taxis have to bear the pain of taking a taxi with a large bill of 10,000 yen to impress the driver and meet their travel needs.

And more are those girls who have just obtained nominal equal working rights. Many of them choose to quit their office jobs in order to be able to trade stocks on the exchange and turn to the career of "part-time night work".

The most frightening thing is that high school girls try every possible way to make money, and the phenomenon of compensated dating is becoming more and more rampant, but what has changed is the original intention of these girls to sell their bodies.

They have changed from the initial desire to get enough money for consumption and buy luxury goods to an "investment consciousness".

They will use the money they earn in this way to invest in stocks.

Complementary to this is the increase in personal consumer credit in society.

A large number of company employees have also begun to become customers of microfinance companies when they are not in urgent need of money.

And their tolerance for interest is not low.

Monthly interest rates of 3% to 3.5% are acceptable, which is much higher than the previous market price of 2.5%.

For no other reason, it is because they do not take loans for consumption, but for investing in the stock market.

They think it is almost easy for the stocks they buy to rise by 3% in a week, which is enough to pay the monthly interest of the small loan company.

The increase in the other three weeks is your own profit. This kind of cheap thing can't be more cost-effective.

Although the conservative forces in Japanese society oppose this kind of behavior that is contrary to traditional moral concepts, more clever market players and securities companies welcome and encourage these "entrepreneurs" who do everything possible.

This is in line with an old Chinese saying - laugh at the poor but don't laugh at the prostitutes.

On the contrary, those few people in Japanese society who make choices that go against the general economic trend have become the objects of ridicule.

For example, Rinko Kagawa has never been interested in stock trading and has no sense of urgency about buying a house.

For example, after listening to Ning Weimin's advice, Director Taniguchi cashed out most of the stocks in his account and enjoyed the fruits of victory in advance.

For another example, in this period of rapid expansion of the securities company's business, Kenichi Sagawa surrendered and gave up the honor of being the number one star broker in business. Now he is just lying on the ground and just being a salted fish...

For them, the more lively the stock market is, the more criticism they will receive.

This is not as easy as you moving forward and me moving backward, passing each other and saying SB.

Instead, almost everyone opposes and rejects them, treating those who insist on themselves as idiots.

On weekdays, no matter at work or in life, there are always people waiting for the opportunity to show up, start chatting, and constantly challenge the nerves of these unique people by showing off, ridiculing, ridiculing, and teasing in various ways.

Frankly speaking, in a social environment like Japan that requires "reading the air", these people are almost equivalent to social death, and are almost excluded from all social relations.

Even their own relatives may question it.

Sisters like Rinko Kagawa will inevitably worry about her future, fearing that she will not have a stable place to live.

Mrs. Taniguchi also couldn't stand being teased like a fool because her neighbors made irresponsible remarks or showed off in front of others.

Sagawa Kenichi had to look at his wife's face and bear the long sighs from his wife who were disappointed with his future.

To put it bluntly, without a strong heart or numb nerves, it is really difficult to resist this kind of pressure that hits your face all the time.

However, it is the law to prosper and then decline, and whether it is prosperous or not.

And the most important rule in this world is that there are always fewer happy people than unhappy people.

God has never been able to benefit all living beings and make most people rich at the same time.

Time soon came to a time point that Ning Weimin was very concerned about - October 19, 1987.

If not for anything else, just because in the original history known to Ning Weimin, the bull market running wild around the world will come to an abrupt end on this day of the year, known as "Black Monday" in history!

According to original history, the New York stock market on Wall Street will have the largest crash in history on this day.

The Dow Jones Industrial Average plummeted 508 points, a drop of 22%, and the stock value lost in one day was twice what was lost in the 1929 Wall Street Crash.

During the week of Black Monday, the New York stock index lost $500 billion, a value equivalent to one-eighth of the U.S.'s annual gross national product that year.

Immediately afterwards, the plummeting frenzy of the U.S. stock market caused huge panic around the world, and quickly spread to almost all major capital markets in the world.

This disaster can be said to be the most serious stock market crash experienced by the world's capital markets since the Great Recession in the United States in 1929.

Throughout October, the US stock market value lost US$800 billion, Japan lost US$600 billion, the UK lost US$140 billion, the Gulf lost US$32 billion, and the port city lost US$30 billion.

This stock market crash caused a total loss of US$1.792 billion in the world's major stock markets, which is equivalent to 5.\\n3 times the direct and indirect economic losses of US$338 billion in World War II.

As a result, many millionaires around the world became poor overnight, and tens of thousands of people suffered mental breakdowns and committed suicide by jumping off buildings.

After the stock market crash, although many people put forward different theories, they believed that the causes of the stock market crash included program trading, excessive stock prices, insufficient liquidity in the market, and herd mentality.

Some people even think that the British typhoon was also one of the causes of the stock market crash - the 1987 typhoon occurred on October 16 (the Friday before the stock market crash). During this period, London, one of the world's financial centers, was severely affected. Many London brokerage and financial industries The person cannot go to work that day.

Since there was no international online trading at the time, a large number of open trades could not be delivered before the weekend, and the relevant open trades had to wait over the weekend. This made market participants uneasy and triggered panic selling at the beginning of Monday's trading day. .

But in fact, among the various analyses, no one is convincing enough, and no consensus is recognized by the majority.

In the end, countless financial experts can only say that the stock market crash was the result of a complex combination of reasons, which even included certain coincidences and accidental factors.

So to be honest, before this day actually came, Ning Weimin was not sure whether the world would be affected by him, considering the butterfly effect caused by his time-travel cheat.

He was unsure whether the incident would be detonated earlier or delayed.

The only thing he could be sure of was that fate was inevitable and the accumulated problems were irreversible. The global stock market crash that was supposed to happen would definitely happen. There was no doubt about that.

And all he did was to prepare himself.

For example, he informed his stockbroker Kenichi Sagawa and made a plan to deal with emergencies for the stocks in his account that had risen to a market value of 10 billion.

He also told Matsumoto Keiko's financial manager Watabe Mitsuru to keep Matsumoto Keiko's money bag before he returned to Japan and not to easily get involved in the stock market.

And he himself transferred most of the funds he had prepared to France through the channel of Crédit Agricole Suez Bank.

Even he himself flew to Paris, France, five days in advance.

Yes, once this "Black Monday" broke out, although many people were destined to go to the rooftop.

But for Ning Weimin, it was a real opportunity for him to get rich quickly and his interests were not only in Japan, but also in France.

Don't forget, there is still a battle for control of LVMH waiting to be decided.

No matter what stage Bernard Arnault's plan to occupy the magpie's nest has progressed.

As long as his funds are limited, his nature of swallowing an elephant has not changed. Facing the sudden stock market crash, he will be at a loss and will expose his flaws.

And if he misses this opportunity, it will not be so easy to turn defeat into victory.

So this time, in order to make good use of this God-given opportunity and get the maximum benefit, his main sniping target is actually still on the French capital market, and the prey he is aiming at is the equity of LVMH.

If everything goes well, after this battle, even if he embarks on the path of Bernard Arnault's luxury king, he will squeeze Arnault out of nowhere.

Probably in the future, the shares of the two top luxury companies held by him and Keiko Matsumoto will be enough to pass on, enough to ensure that their descendants will be rich for several lifetimes.

This is not a big deal. After finishing the French business, the funds will be transferred back to Japan to kill a surprise.

It is possible to catch up with the recovery of the Japanese stock market. This is a perfect return.

The benefits are so considerable that it is exciting to think about it.

If it is really done, he will surely be a well-known figure among the rich in Asia in the 1990s.

At least his wealth will not be inferior to that of "Li Yanjing" of this period, and he is destined to surpass Liu Luanxiong.

At that time, let alone Suo Fukuo, even the Guo family will be nothing to him.

So the same stock market crash is a hellish disaster for others, but it is a great opportunity for him.

He didn't even think about what would happen to Suo Fukuo, who was led into the deep pit of the stock market by him step by step, because since he had done everything he could, he didn't care about the rest.

Of course, it is up to man to plan things, but it is up to him to succeed. In the end, it depends on whether God will give him this opportunity to soar to the sky.

Fortunately, it seems that God did not tease his own son, and the trajectory of fate did not deviate from his expectations.

Instead, all disasters happened magically as we know.

On October 19, 1987, when the US stock market opened, what was supposed to happen came.

At 9:10, the Dow Jones Index fell 67 points at the opening.

In a blink of an eye, selling surged. Stock traders frantically executed sell orders, and there was panic in the exchange.

From 9:30 to 11:00, the stock market fell in an unstoppable manner.

Because the computer processing system of the New York Stock Exchange could not handle such a large-scale selling behavior in a short period of time, by noon, there were still 120 million shares of trading operations in the DOT system that had not been realized.

At 14:00, the Dow Jones Index fell 250 points, and more than 400 million shares of stock were traded.

After that, although the stock market showed signs of a brief rebound, this terrifying decline was forced to stop at the close of 4 o'clock.

At the close of the day, the Dow Jones Industrial Average fell 508.32 points, from 2246.72 points to 1738.470 points, a drop of 22.6%, twice the drop on October 28, 1929, which triggered the global depression, setting a record for the highest one-day drop.

Other stock market indices such as the NYSE Composite Price Index fell 1x Composite Index fell 12.7%, and the NASDAQ Composite Index fell 11.35%;

The stock face value of $503 billion, equivalent to France's annual GDP and one-eighth of the United States' annual GDP, was wiped out in one day.

On that day, among the 1,600 stocks listed on the New York Stock Exchange, only 52 stocks rose, and the rest all fell. Among them, 1,192 stocks fell to the lowest level in 52 weeks, and many representative blue-chip stocks were also doomed.

Almost all the stocks of major companies plummeted by about 30%:

General Electric fell 33.1%, AT\u0026T fell 29.5%, Coca-Cola fell 36.5%, Westinghouse fell 45.8%, American Express fell 38.8%, and Boeing fell 29.9%.

In addition, affected by the changes in stock prices, the US government bond market was also in chaos.

Due to the influence of computers, news agencies reported the closing price of the stock market 5 and a half hours after the closing.

"Everything was out of control" and it was "the worst day in the history of Wall Street"...

Afterwards, the New York Times reported this.

In this world, only Ning Weimin, because he had arranged everything in advance, could smell the scent of money in the ecstasy of being confident.

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