The Great Sage Returns from Ten Years of Imprisonment
Chapter 275 If we're going to die, we'll all die together.
Around 7 p.m.
The Asia-Pacific financial markets have already closed, while the European financial markets are experiencing a sharp decline.
After dinner, Lingyun and General Manager Chen chatted and laughed as they took the elevator upstairs to return to the United Securities investment team's office area.
Upon seeing them return, General Manager Xie, who was in charge of monitoring the situation on-site, immediately began to explain the situation.
"Major European stock markets have all fallen by more than 6%, with financial stocks experiencing even more dramatic declines, none falling below 12%!"
"This incredibly brutal market is making my heart pound. The way we're making money is downright insane!"
"Hahaha"
Everyone burst into laughter, thoroughly enjoying themselves.
Ling Yun smiled broadly as well, then looked up at the financial market information on the electronic screen.
as predicted!
From Germany to the UK, from Sweden to Spain, all stock markets in Europe are experiencing a crazy crash, leaving the entire European financial market in ruins!
In some markets, including the Russian stock market, the decline has even reached more than 20%!
To prevent a complete collapse of the financial markets, the stock markets in these countries have been shut down one after another, like dominoes falling.
After quickly grasping the market situation, Lingyun responded with a smile.
"This is only the first half. The most exciting and thrilling climax will come when the US stock market opens at 9:30 pm!"
There is no doubt that major European stock markets have fallen by more than 8% today!
"We'll liquidate our positions and reverse our short positions as planned, leaving no stone unturned, and we won't miss the opportunity to reap another golden harvest next Monday!"
"For those small and medium-sized stock markets that have experienced even more dramatic declines, if the overall drop exceeds -15%, it is imperative to liquidate all positions and switch from short to long positions..."
Next, he made some minor adjustments to his investment strategy on the spot to adapt to the latest market conditions.
No one has any doubts about his investment strategies anymore!
Many traders, in particular, are even more aware of how brilliant his investment strategy is, and thus execute it with even greater determination.
"Got it, enjoy our performance!"
Everyone responded enthusiastically, their fighting spirit soaring!
After interacting with everyone for a while, Lingyun returned to her office with light steps.
Then I turned on my computer and started checking the international financial market situation and the latest international financial news.
After quickly grasping the market situation, he leaned back in his chair and thought for a moment.
Then he took out his phone from his pocket, quickly found Deputy Director Zhang's number, and dialed it.
After the call connected and we exchanged greetings, he immediately got to the point.
"Regarding the proposals for market intervention made to European countries and the US government, as well as the European Central Bank and the Federal Reserve, after the US stock market closes tomorrow morning, I believe several points must be made clear!"
"Isn't the G7 supposed to hold an emergency meeting on Sunday? If the G7 decides to jointly rescue the market, three principles must be made clear."
"These three principles are: the liquidity of banks must be guaranteed; the failure of large financial institutions must be prevented; and the government must directly inject capital to replenish the banks' capital."
"Only in this way can we truly end the chaotic situation of European and American countries 'fighting their own battles' to rescue their markets, and truly stabilize the international financial market."
"If the first principle is adopted, it is equivalent to global central banks providing unlimited liquidity to the US dollar, which will inevitably create a flood of dollars, and the Federal Reserve will print money like crazy."
"In the short term, this will harm our interests to some extent, but in the long run, it will significantly weaken the dollar's status as the world's reserve currency..."
Subsequently, based on the daytime trends in the international financial markets, Lingyun made some necessary additions to the morning's investment analysis report!
After he finished speaking, Deputy Director Zhang remained silent for a minute or two before giving his response.
"Lingyun, you're constantly surprising and awe-inspiring me, one delight after another, leaving me breathless!"
"These reminders are very timely. To be honest, the expert team is currently reviewing your report and is struggling with the details."
"I'll immediately relay your words to SZ, and SZ will decide whether to adopt them. If this succeeds, you'll be the one who deserves the greatest credit!"
"Hahaha"
Ling Yun chuckled and quickly exchanged a few polite words.
"You flatter me too much, I don't deserve it!..."
After chatting for a while, Deputy Director Zhang took the initiative to end the call.
After hanging up the phone, Ling Yun edited what she had just said into a text message and sent it to Deputy Director Zhang!
He always believed that a bad pen is worse than a good memory!
Moreover, for something so important, a single word difference could lead to completely different outcomes!
In addition to this, Lingyun had another consideration!
He wanted to leave behind evidence of all his reports and speeches that flowed into Haizi's mind, so that it could be traced back to its source, in case of future needs!
What if we need it? Nobody can say for sure!
After sending the message, Lingyun turned his attention back to the international financial market, watching the storm raging in the European financial market and patiently waiting for an even bigger storm to come!
Goldman Sachs headquarters, New York.
Although Goldman Sachs' stock was suspended from trading in an emergency, it narrowly escaped yesterday's Black Thursday and did not crash overnight!
But the atmosphere at Goldman Sachs was extremely somber from top to bottom, with everyone looking as dark-faced as if their fathers had just died.
The reason is simple: the stock prices of almost all listed companies invested in and held by Goldman Sachs have plummeted, resulting in huge losses!
All other financial products, such as funds and bonds, are experiencing a crazy crash!
Even though Goldman Sachs is one of the biggest short sellers in the market since the financial crisis broke out, it had previously made a fortune!
But no one expected that the international financial market would plummet so drastically, with Black Thursday and Black Friday following one after another, almost turning into a Black Week!
Because of a misjudgment, Goldman Sachs switched from short to long positions too early, only to buy at the halfway point of the decline.
As a result, much of the profits earned previously have been given back in the past few days!
If you add the huge debts from the stock index options bets lost to Yuanda Investment, Goldman Sachs has no investment profits left this year; it's all gone!
In this way, all the major efforts made by Goldman Sachs itself, as well as the US government and the Federal Reserve, to save Goldman Sachs in the past period have been in vain, resulting in nothing but a futile effort!
General Manager's Office.
Lauder frowned as he examined the situation in the international financial markets.
With two hours to go before the market opened, the US stock market was already shrouded in gloom, and everyone had a feeling that disaster was about to strike, including Lloyd!
Just then, the group's investment director knocked on the door and came into the office to report on the situation.
As soon as he entered the office, this guy immediately turned dark and said loudly:
"I strongly oppose resuming trading today, Lord. This Black Friday is a done deal, and Goldman Sachs stock absolutely cannot resume trading today!"
"The turmoil of huge losses from stock index options betting hasn't subsided yet, and coupled with an extremely poor market environment, resuming trading of the stock today is tantamount to suicide!"
"Given today's market conditions, if the company's stock resumes trading, it could very well plummet by more than 40%. Such a drop would be staggering, and the losses would be enormous!"
"Whoever made this suggestion to you, it's a foolish one and absolutely cannot be adopted. We don't have that much money to prop up the market..."
Before he could finish speaking, Lourdes shook his head helplessly, interrupting him.
"This wasn't anyone's suggestion, it was the SEC's suggestion. Cox called me personally half an hour ago to talk about it!"
According to Cox, financial institutions such as Morgan Stanley and Citigroup pressured the SEC to have Goldman Sachs resume trading to help alleviate their burden.
"Financial institutions like Morgan Stanley and Citigroup have seen sharp declines in the past few days. For example, Morgan Stanley has fallen by more than 40% this week!"
"The situation is even worse today. Morgan Stanley could plummet another 20% or more. These bastards are trying to force Goldman Sachs to resume trading, using it as a scapegoat!"
Before he could finish speaking, the investment director on the other end of the line flew into a rage and started swearing.
"Fuck! These sons of bitches are so damn insidious, they're dragging Goldman Sachs down with them!"
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