The Great Sage Returns from Ten Years of Imprisonment
Chapter 267 A Word That Will Shock and Shock
Just like the Wall Street senior investment manager who broke down during the live broadcast said, more and more people are discovering this fact.
The Federal Reserve's coordinated interest rate cuts, along with those of other central banks, have been completely ineffective!
The global credit market remains frozen, with individuals and investment institutions unable to borrow any money from banks, and the interbank market is also completely frozen.
Upon discovering this fact, the sentiment of countless investors in the financial market quickly shifted.
From initial high hopes, to gradually developing doubts, to falling into panic, and finally to desperately fleeing!
As a result, the Asia-Pacific stock markets, which opened slightly higher in the morning, all weakened during the session and continued to decline!
By the time the market closed in the afternoon, all the stocks had fallen below the water level!
During this process, the various investment teams guided by Lingyun quickly completed their position building and began shorting the Asia-Pacific financial market!
When European stock markets opened in the afternoon, they all immediately went flat.
From Germany to France, and then to Switzerland and the UK, all European stock markets, regardless of size, opened lower and continued to fall sharply!
With the central bank's interest rate cuts to rescue the market proving ineffective, the EU and European countries have scrambled to respond.
The European Central Bank and governments around the world have announced that they will inject $1000 billion in liquidity into the market in an attempt to stabilize financial markets.
The result was completely useless; stock markets across Europe continued to plummet!
At this point, the few insiders who had doubts about Ling Yun's judgment were finally completely convinced!
The state-owned investment institutions that left to observe in the morning were so regretful they almost slapped their thighs in despair.
The headquarters of China Investment Corporation (CIC) and the office area of the joint securities investment team.
meeting room.
Chairman Lou and General Manager Kong sat at the conference table, discussing the trends in today's international financial markets with great enthusiasm.
Just then, Ling Yun arrived late and pushed open the door to walk in.
As soon as he entered, he hurriedly clasped his hands in a fist and bowed to the several bigwigs, saying sorry.
"I apologize for the sudden crash in the international crude oil futures market. I was upstairs a little longer than usual, and I apologize for keeping you all waiting."
Mr. Kong and Mr. Sun's expressions changed, and they asked in unison:
Is there a problem with the crude oil futures market? Is it a good thing or a bad thing? How serious is it?
Ling Yun looked at the two big shots and explained the situation with a smile.
"Just now, OPEC announced that global crude oil demand has plummeted, even collapsed, and expects international oil prices to continue to fall."
"As soon as this news broke, international oil prices immediately accelerated their decline. Judging from the current trend, there is no doubt that they will fall below $80 within one or two days."
"This is undoubtedly bad news for global crude oil futures bulls, but a huge surprise for us who are firmly shorting..."
As he spoke, he walked to his seat, pulled out a chair, and sat down.
Mr. Kong and Mr. Sun were instantly overjoyed, their smiles so wide they almost stretched to the back of their heads.
After Lingyun finished explaining the situation, they expressed their heartfelt feelings.
"Thankfully, you reminded us in time, Xiaoling, and helped the airlines undo Goldman Sachs's underhanded fuel hedging strategy, thus preventing them from suffering significant losses."
"If you hadn't exposed Goldman Sachs' conspiracy in time and formed a joint investment team to fight back, the airlines might still be trapped in that fatal snare."
"Given the current trend in international oil prices, airlines will soon be operating at a loss, possibly even losing their shirts. They'll never have the comfortable life they have now!"
Ling Yun looked at President Kong and the others, and exchanged a few polite words as usual.
"Now that I've discovered this fatal trap that Goldman Sachs has specifically set up for airlines, there's no reason for me to remain silent. I can't just stand by and watch the airlines get fleeced, can I?"
"And one more thing, I've long disliked those bastards at Goldman Sachs. Given the chance to rip them off badly, why would I miss such a golden opportunity?"
"Hahaha"
Everyone burst into laughter, thoroughly enjoying themselves.
After exchanging a few jokes and casual words, Chairman Lou smiled and said:
"Lingyun, tell me about the situation in the international financial markets. In your words, the European stock markets, which just opened, seem to have completely collapsed!"
"This is not a good sign. You said before that today is the darkest day for the global financial markets. Has it really come to pass?"
His words immediately made everyone's expressions serious.
The Asia-Pacific financial markets reversed course and fell, and European stock markets plummeted as expected, putting considerable pressure on companies.
They understood that if global financial markets were to continue to plummet, it would indicate that the damage caused by the financial crisis was rapidly escalating.
When the nest is overturned, how can any egg remain intact?
On the surface, our country's economy and various companies will be impacted to some extent, and may even suffer losses!
Fortunately, all the companies secretly participated in international financial market investments, and under Lingyun's command, they frantically swept up wealth from the international financial market.
The investment profits that companies earn from the international financial market are many times, even tens or hundreds of times, greater than the potential losses they might have made!
Whenever they think about this, the bigwigs feel like they're dreaming, so beautiful that they exclaim that it's unbelievable!
The way they looked at Ling Yun was full of admiration and a hint of respect!
Ling Yun looked at Lou Dong and nodded slightly.
"You're right, Mr. Lou. Major European stock markets have completely collapsed, officially sounding the charge for Black Thursday!"
"From now on, the crazy plunge has officially begun and should continue until the US stock market closes early Saturday morning, at which point this plunge will not end."
"It could even be said that from today onwards, all the myths of market rescue will be completely shattered, and the financial crisis will reveal its most ferocious side."
"One of the reasons I called you all here is to remind you that at a time like this, you absolutely cannot choose the wrong path, and you must not have any wishful thinking!"
"If companies choose the wrong direction, the losses will be staggering. Entering the market too early to buy at the bottom could result in buying at the halfway point of a decline. The only options now are to firmly short the market or stay out of the market and observe!"
These words shocked everyone present!
Ling Yun's statement startled everyone.
After he finished his analysis, everyone immediately started discussing it amongst themselves.
"This implies that all current rescue measures are ineffective, which means the global financial crisis is completely out of control?"
"The more I listen, the more it sounds like the Great Depression of 1929. Could we be facing an unprecedented global recession?"
Ling Yun looked at Director Lou, who had raised the issue of the great recession, and nodded decisively.
"That's right. If governments and central banks in Europe and the United States, as well as Wall Street, do not change their approach to rescuing the market, a global recession will be inevitable!"
"This financial crisis, triggered by the US subprime mortgage crisis, has rapidly evolved into a systemic financial crisis affecting the entire world, with panic overwhelming all rationality..."
The meeting room fell silent, with only Ling Yun's eloquent voice remaining.
Meanwhile, Hai Zi.
In an elegantly decorated office.
Vice President Wang stood up from his chair, placed a document on the desk, and then said to his direct supervisor behind the desk:
"Last night I called Xiaoling over for a chat and asked him for his opinion on the Federal Reserve's joint efforts with other central banks to rescue the market. The kid said that this joint rescue effort will be completely ineffective!"
"He also said that today is the darkest day since the outbreak of the financial crisis, and from this morning until now, what has happened in the international financial market is proving his judgment correct little by little."
"I also asked him what measures countries around the world should take to rescue the market and curb this financial crisis if monetary policy fails to save it. He provided a solution."
"That means fiscal injection plus nationalization. I convened a team of experts this morning to discuss it, and we found it to be a very clever move. Should we choose a time to inform the US?"
"Wow, this kid's got a knack for saying the most outrageous things!"
The guy on the other side, SZ, remarked.
Then he picked up the document on the desk, opened it, and started reading.
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