Half a month passed.

Chen Daojun lived a step-by-step life during this period, except for going to school every day, he was staying at home and reading the newspaper.

To this end, he also asked his father to help subscribe to the Financial Times.

Although Chen Runji was a little inexplicable, he still agreed.

After all, the youngest son can be liked by his father, and he is actually very happy.

And Chen Daojun, looking at the financial newspaper every day, is finally convinced that the day of Black Monday is getting closer and closer.

To know.

From the end of ’84 to August ’87, the U.S. stock market experienced a bull market for nearly three years.

In less than three years, the S&P has more than doubled.

At the same time, the average price-to-earnings ratio of the stock market rose from about 12 times in ’84 to about 23 times in ’87.

In fact, if the time period were extended to 1982, U.S. stocks would have risen more than three times in five years, and the average price-to-earnings ratio would have long since moved away from seven to nine times that year.

In this situation.

With the Plaza Agreement replaced by the Louvre in February, the five Western countries agreed to stabilize their exchange rates on top of their existing trade balances. The Fed has also begun to resume raising interest rates this year.

Contrary to the situation two years ago, the US trade deficit is no longer decreasing, and the Fed’s interest rate hike has invisibly put pressure on the rising stock market.

On October 4, Greenspan, who had just been chairman of the Federal Reserve for two months, warned that he would consider further interest rate hikes, and the already weak stock market was shocked.

On October 6, the yield of US Treasury bonds reached a new high in two years, driving the Dow Jones index to plunge.

In the following three days, the stock market weakened continuously.

The Dow fell to close at 2482, and the weekly candlestick was a long black candlestick barefoot.

On October 13, some members of Congress discussed a proposal to impose heavy taxes on Wall Street high-yield debt leveraged acquirers and raise high taxes, which caused strong unease in the stock market.

The next day, the Dow plunged three percent.

The following day, the Dow rebounded sharply and ended down 2 percent, leaving a long upper shadow.

By October 16, the Dow Jones index closed at 2246.74 points, which has plummeted by 13% from the close of 2596 points on September 30.

However, most people would not have imagined that next Monday there would be another plunge.

No one could have foreseen that next Monday the market would experience the biggest one-day decline in the U.S. stock market in half a century.

Except for Chen Daojun!

………………

October 17.

As soon as Chen Daojun got up, he found that there was an unexpected guest sitting in the living room of his home.

“Room Chief Li!”

Looking at the middle-aged man sitting there, chatting with his father, Chen Daojun was a little surprised.

“Young Master Daojun.”

Room Chief Li stood up directly and bowed slightly to Chen Daojun: “President please come over.” ”

????

????

Hearing his words, Chen Runji was immediately stunned.

Unexpectedly, the father took the initiative to let the younger son come over to see him, what is going on?

“Daojun, this…”

Chen Runji looked at his younger son.

As a result, Chen Daojun smiled slightly, but did not explain anything to his father, but just nodded to Room Chief Li: “Okay, Room Chief Li, you wait a moment, I’ll go get the bag.” ”

He still has weekend homework to write, so he has to bring it with him to write it together.

No way.

The crosser also has to read.

Room Chief Li nodded.

Soon.

Chen Daojun carried his schoolbag and got into the special car of the chairman of Shunyang Group.

Sitting in the car, Chen Daojun suddenly said: “Director Li, how much funds did grandpa mobilize?” ”

“This, I’m sorry, Young Master Daojun, you need to ask the guild leader.”

Chief Li, who is Chen Yangzhe’s nephew by generation, is very polite to Chen Daojun and does not despise him because of his young age.

The reason is simple.

This young master Daojun, although he is young, he is definitely a genius!

This was the first thought in Director Li’s mind yesterday after reading the data transmitted from New York.

At such a young age, but with such a keen sense of business, it is really terrible!

“Okay.”

Seeing that Director Li did not say, Chen Daojun did not continue to ask.

He smiled, then held his bag and looked out the car window.

In the late eighties, the development of Goryeo was actually very general, far from reaching the degree of development of later generations.

In many places, there are even patches of wasteland.

Looking at these places, Chen Daojun’s brows frowned.

He was eager to remember where Seoul, which was later renamed Seoul, was best developed.

But it’s a pity.

He is not the reborn secretary.

In my mind, except for Cheongdam-dong, Hongdae, and Yeouido, I really don’t know where to develop.

“Wait…”

Chen Daojun suddenly remembered a movie he had seen, called “Gangnam 1970”, as if the Gangnam district of Seoul is a rich district of Koryo.

It seems that he will buy more houses in the Gangnam area in the future.

Chen Daojun thought secretly in his heart.

That’s it.

The car drove all the way into Zhengxinzhai.

When the car stopped, Chen Daojun got out of the car and saw his grandfather Chen Yangzhe standing on the lawn not far away.

“Grandpa!”

Chen Daojun ran quickly to Chen Yangzhe.

And Chen Yangzhe heard Chen Daojun’s voice, and Huo Ran turned around.

“Hahaha, my little genius is here!”

Chen Yangzhe happily stretched out his hands towards Chen Daojun, and said in his mouth: “Come on, let grandpa see if the little guy who made me a billion dollars has grown taller again!” ”

Groove!

Chen Daojun, who was running, stumbled in his steps.

This Nima!

Just made a billion dollars?

Isn’t this grandfather himself too conservative!

Welcome to the National Day 7-day long holiday and read books and enjoy reading! Charge 100 and get 500 VIP bonds!

immediately preemptive (Event Period: October 1st to October 7th)

Tap the screen to use advanced tools Tip: You can use left and right keyboard keys to browse between chapters.

You'll Also Like