The Great Sage Returns from Ten Years of Imprisonment

As Lingyun predicted, the US stock market opened and traded in a narrow range, with a strong wait-and-see attitude in the market.

Everyone is waiting for the US House of Representatives to vote on the bailout plan; trading volume is moderate.

Both bulls and bears have chosen to proceed cautiously and have not immediately increased their positions or aligned themselves with any side.

Around 11 p.m., as some negative news emerged, the three major US stock indexes began to decline slowly, and sell orders gradually accumulated.

At the same time, European stock markets were also fluctuating downwards, with the UK FTSE 100 index gradually falling to below -4%.

Seeing this situation, many bullish investors had a very bad feeling.

Ling Yun, along with Chairman Zhao in Shanghai, Chairman Lou, General Manager Wang, and all members of several investment teams, had increasingly bright smiles on their faces!

It's 11:30 p.m. on Hong Kong Island.

Goldman Sachs Hong Kong Island branch, General Manager's office.

After signing the performance-based agreement with Yuanda Group and returning to the company with his team, Irwin stayed in his office, awaiting the vote results from the U.S. House of Representatives.

During this period, he made a phone call to an investment manager on Wall Street and placed a large bet on the stock index options the day after the bailout plan was passed, naturally going long on a large scale!

The newly signed stock index option betting scheme has been reported to the New York headquarters by the investment director, and the headquarters fully supports this betting scheme.

After 10 p.m., Lewis and Paul went to the general manager's office together, eagerly awaiting the voting results with Irwin.

Like Irwin, Lewis also invested heavily in the bet, hoping to make a fortune from this opportunity!

They waited until 11:30 p.m., but still didn't get the vote results.

Erwin raised his hand to check the time and muttered a few words of doubt.

"The vote has been going on for half an hour, why haven't we seen the results yet? The vote should be over in 15 minutes, and the results should be officially announced!"

Upon hearing this, Lewis and Paul's eyelids twitched violently.

They both looked at the watch, completely bewildered.

"Won't something go wrong? Could the $7000 billion bailout plan be rejected?"

"This is a bit strange. I have a bad feeling about this!"

Irwin's heart tightened suddenly, and he glanced at Lewis and the others.

Then, he firmly shook his head.

"There's absolutely no chance of a problem. Congress has reached a final agreement with the White House, and they certainly won't go back on their word at this point!"

"This is the largest bailout plan in history, so it's normal for it to take a while in Congress. Just be patient."

Listening to Irwin's self-comforting explanation, Lewis and Paul felt a little bit more at ease.

Little did they know that the U.S. House of Representatives was in an uproar.

Many members of the House of Representatives who had initially expressed support for the bailout plan have turned against it due to the real threat of losing votes in the midterm elections!

Some lawmakers have wavered in their stance, like headless flies!

Even within the ruling Republican Party, there has been a widespread split, with the House Republican leader's words being treated like hot air and no one caring about them at all!

As time went on, many people, like Lewis and his group, became increasingly worried and insecure!

But like Erwin, they all stubbornly refused to admit it!

Beijing, CIC headquarters.

In Lingyun's office, Lou Dong and the others gathered, chatting and laughing while waiting for the vote results from the U.S. House of Representatives.

Not only them, but also Vice President Wang from Haizi, Director Li from the State-owned Assets Supervision and Administration Commission, and leaders from relevant financial regulatory authorities were closely watching the voting results.

As the time grew later and the voting results were still pending, everyone became increasingly happier.

At 11:30 p.m., Mr. Chen, the investment director of China Investment Corporation, suddenly walked into the office with some breaking news.

"European stock markets are plummeting, especially the financial sector, where all financial stocks are experiencing a rapid decline!"

"Many financial stocks have fallen by more than 10%, is it time for us to take profits?"

"The US stock market is also performing poorly, continuing its slow decline, and panic is rapidly spreading throughout the market..."

Upon hearing this good news, Chairman Lou and the others beamed with joy.

After General Manager Chen finished reporting the situation, Ling Yun shook his head decisively.

"It's not time to reap the rewards yet. The accelerated decline in European stock markets is largely due to the prolonged delay in the US House of Representatives' vote!"

"European stock markets will close soon, and even the UK stock market, which closes last, only has one hour of trading left. Some bulls are already starting to sell off prematurely."

"European stock markets will experience their most dramatic plunge after the US House of Representatives votes, and will likely continue their downward trend after the market opens tomorrow afternoon."

"For us, the best time to close our positions in European stock markets is half an hour after the market opens tomorrow afternoon. Please be patient and wait until tomorrow afternoon to discuss this further."

"The situation is different for the US stock market. If the US government's bailout plan is rejected, the US stock market will definitely plummet tonight, and it may very well make history again."

"In this situation, the US government and the Federal Reserve will definitely intervene and provide emergency market support after hours. For us, tonight is the best opportunity to reap the rewards!"

Lou Dong and the others had no doubts about Ling Yun's analysis.

After quickly finalizing the response strategy, General Manager Chen turned and left the office to arrange the operation!

Lou Dong and the others took out their phones and called their respective company's investment team leaders to relay Ling Yun's investment strategy.

Soon, it was past midnight.

The US House of Representatives vote has not yet been completed; what was expected to be a 15-minute vote has now dragged on for an hour without a result!

Even a fool could understand this situation.

The $7000 billion bailout plan has suffered a major setback and is highly likely to be rejected by the House of Representatives!

As a result, European stock markets, with only half an hour left before the close, fell sharply with high trading volume and showed no signs of rebounding!

Following closely behind, the US stock market also plunged, but fortunately the decline was not significant!

About half an hour later, European stock markets closed with a plunge of more than 5%, and cries of despair echoed throughout the market!

However, the results of the vote in the US House of Representatives have not yet been released, and no one knows when the vote will end.

At around 1:20 a.m., the vote, which lasted for two hours and twenty minutes, finally revealed the final answer!

"Look everyone, the Speaker of the US House of Representatives is about to announce the voting results!"

As soon as General Manager Sun of China Aviation Oil shouted, everyone looked at the large screen TV hanging on the wall.

Ling Yun was the same; as soon as he looked up, he saw that infamous old hag standing in the Speaker's seat in the House of Representatives chamber, publicly announcing the voting results!

The result was exactly as expected!

The US government's proposed $7000 billion bailout plan failed to pass the US House of Representatives on its first attempt, with 228 votes against and 205 votes in favor.

As soon as the vote results were announced, US stocks immediately began a dramatic plunge, with algorithmic trading and panic selling flooding the market!

In just ten minutes, the Dow Jones Industrial Average plummeted 300 points, showing signs of a market collapse.

For the next two hours or so, the three major U.S. stock indexes continued to decline without any effective rebound, heading straight for the abyss!

As soon as the old hag announced the voting results, Chairman Lou and the others all turned to look at Ling Yun.

The look of shock in their eyes was as if they were seeing a monster!

"You're amazing, Lingyun! The US House of Representatives actually rejected the $7000 billion bailout plan! This prediction is simply astonishing!"

"Wow, that's incredible! Lingyun, I've truly seen something amazing today!"

Ling Yun chuckled and nonchalantly put on a show.

"As expected, as I said before, the bailout plan was rejected in the House of Representatives, and it wasn't simply a matter of opposing bailouts!"

"It is the result of a combination of political struggles, ideology, public opinion, and technological deficiencies in the United States..."

His words only amplified the shock in the eyes of Chairman Lou and the others.

Meanwhile, on Hong Kong Island.

Irwin and Lewis, who were also watching the live stream, stared wide-eyed at the screen in disbelief.

The next moment, Lewis suddenly started cursing.

"Why did those sons of bitches in the House of Representatives reject the $7000 billion bailout plan? Are they out of their minds?"