Chapter 288: Stock Market Crash
The team has been formed, and everyone's enthusiasm is also very good, Li Yadong didn't let them be idle, didn't he give He Shihan five million before to let her operate freely?
In September, another 15 million yuan, totaling 20 million Hong Kong dollars, was added to let them operate together, mainly buying short-term stocks, and avoiding the futures market with a large minefield.
The purpose is not to make much money, but to train them to work as a team.
The first task assigned by the boss, there is no reason to fail, the five people are also experienced professionals, with their understanding of the stock market, and experience in risk control, although they are still in the run-in period of the team, but still create a profit of nearly 500,000 for the company.
Li Yadong is still very satisfied with this result. Because he did not provide any help in this month's trading operations, it was all up to their own ability, so it can be seen that there is absolutely no harm in forming this team.
As long as they are provided with operable funds, these people don't even need to be supported by him at all, they can be completely self-sufficient, and they can also bring certain benefits to the company.
In October, Li Yadong began to withdraw funds, no longer allowing them to carry out stock operations, but only one requirement for them - to adjust their work and rest.
In the office, which was as warm as home, Li Yadong looked at the five people sitting on the sofa chair, and said with a smile: "Next, you have to reverse the day and night, adapt to sleeping during the day and moving at night. ”
"Huh?" the group looked at each other, wondering how this worked.
"Thirteen hours?" Only the experienced Uncle Luo was thoughtful, and counted with his fingers, and after a while, his eyes suddenly lit up, "American time!"
There is an old Chinese saying that "a family has an old man, like a treasure", this sentence is used in this team, and it is also adaptable.
It is true that the person in charge of the team is He Shihan, but her half master, Uncle Luo, is like a needle in the sea, and his words can always play a key role when the team has disagreements.
"Not bad. ”
Seeing Li Yadong nodding with a smile, everyone suddenly realized, and Uncle Luo's eyes were even brighter. Until now, several of them don't know what the so-called "big move" in the boss's mouth is going on, and every time they ask, the boss always says "it's fast, it's fast", and now they finally found a clue.
"Boss, do you want to pay attention to U.S. stocks?"
Hong Kong belongs to the East Zone 8, and the United States belongs to the West Zone 5, and the time difference is just 13 hours.
Now, there are some things that should be known to them, Li Yadong nodded and said: "Yes, I am ready to short US stocks." ”
"Short?"
"Oh my God, wouldn't it?"
"U.S. stocks are currently very stable, not like there is a significant downward trend?"
As soon as these words came out, several people frowned, even He Shihan, who trusted Li Yadong the most, was the same.
In her opinion, the move to short US stocks at this time is quite unwise.
Up to now, the US stock market has experienced a bull market for 50 years, and the US stock market in the 80s was even better, with the market value of stocks in 1980 being only 2.4 trillion yuan, but in 1986, it soared to 5.9 trillion yuan!
This year, it has continued to rise, and the daily trading volume has also increased significantly, she just saw a data a few days ago, saying that the daily trading volume of U.S. stocks has exceeded the 18,000 share mark!
What does this mean?
It shows that the U.S. stock market is unusually prosperous, and the development speed of the financial market far exceeds the development speed of world trade.
In such a thriving situation, what is the difference between shorting U.S. stocks and throwing money into the fire pit?
"Mr. Li, have you thought it through?" she asked, frowning.
The reason why she didn't raise objections at the first time was because she believed that Li Yadong was not a reckless person, and after all, she was the core of the team, if she was resolutely opposed, what would the people below do?
Therefore, I can only raise my own doubts in this way.
Li Yadong nodded with a smile, and was about to say something, but Uncle Luo on the side couldn't sit still.
He Shihan had her scruples, but he didn't.
got up and walked to the desk on the side, picked up a copy of the "Asian Wall Street Journal", turned two pages, handed it to Li Yadong, and said: "Boss, look at it, the US economy is running well, the employment rate is at the highest level in history, and the gross domestic product is also increasing, including the trade balance, which is also constantly improving. The chairman of the Federal Reserve Board recently spoke and said that there is no indication that inflation will increase further. The Dow Jones index is also stable and abnormal, and it is completely unqualified for speculation!"
Li Yadong glanced at it casually, put down the newspaper, and said with a smile: "Uncle Luo, I know all this, but there is an old saying in China, called prosperity must decline, I don't know if you have heard of it?"
"What...... What does it mean?" Uncle Luo didn't seem to know why, of course he had heard of this sentence, but it was just used here, it was a little inappropriate, right?
At present, the U.S. stock market shows no signs of decay at all.
Li Yadong knew that it was not easy to convince several professionals on the scene, so he could only babble and say: "It just so happens that there is no work arrangement for you recently, so you might as well find out and compare the US stock market chart this year with the technical analysis chart of 1929, and you will find that the two are unusually similar." Whenever there is a fracture layer in the upward parabola of the stock market, there is a big crash in the market. ”
Of course, this is Li Yadong's nonsense, where does he know what technical analysis is, that is, because he has insight into the trend of history, he is just an afterthought here.
However, it is no secret that the stock market crash of 1987 was somewhat similar to the crash of 1929.
"Nineteen twenty-nine?"
Everyone is a stock trader, and what happened in 1929 is the clearest thing to say.
At that time, the U.S. stock market experienced a seven-year bull market, and stock market speculation has become the core content of American culture, and the richest people in the United States are all gathered on Wall Street, but no one expected that the stock market, which had been booming for seven years, ushered in a plummeting crash at the end of October.
At that time, the number of people involved in stock investment was not very large, and the total population of the United States was about 120 million, and stock investors accounted for only 0.83%, which seems to be not enough to cause great harm.
However, it was because of this stock crash that the U.S. government was caught off guard, and then the U.S. suffered a full decade of economic depression under poor economic policies.
As a result, the stock market crash of 1929 spread from nearly one million investors to more than 100 million Americans.
The negative impact of this is not insignificant.
"Boss, you mean ...... Will the United States suffer a financial crisis?" Uncle Luo asked with wide eyes, and the same was true for several other people.
"It's not a financial crisis, it's a stock market crash. ”
Li Yadong said: "And according to my speculation, the impact of this stock market crash is far greater than that in 1929, after all, the stock markets of many countries at that time had not yet taken shape, and now it is different, the world financial market has slowly merged, and the whole body is affected, and the United States is the leader of the world economy, and the US stock market has suffered a major collapse, and most of the other stock markets are probably not spared." ”
"What?!"
The stock market crash, for stock practitioners, is tantamount to a dose of red. In the 1973 Hong Kong stock market crash, although not all the people present participated in it, they were all in their teens at that time, and they could be said to have witnessed the tragedy with their own eyes.
The Hang Seng Index fell from a high of 1,774.96 points on March 9, 1973 to 150.11 points on December 10, 1974, a drop of 91.55%!
In other words, more than ninety percent of the capital in Hong Kong's financial market has suddenly evaporated, tens of thousands of shareholders have gone bankrupt in an instant, and countless people have jumped off buildings.
Some people once recalled that time and said that when you strolled down the buildings in Causeway Bay or the financial and business circles of Central, it was likely that in the next second, someone would fall from the sky and fall into a puddle of mud in front of you.
This is by no means alarmist, and that was exactly what happened back then.
The harm of the stock market crash can be seen.
"Boss, you should be guessing, right?"
"Yes, boss, data analysis can be used as a reference, but it can't be completely trusted. ”
"Boss, how big is the risk of shorting, I believe you also understand, I personally think that this matter needs to be considered in the long run, and it is a bit hasty to rely on data analysis alone. ”
Everyone was shocked, and it was easy to come back to their senses.
"Okay......" Li Yadong waved his hand to interrupt them, knowing that they didn't want the stock market crash to happen, but some things have already been decided in the dark, and what should come will always come, "I have made up my mind, you just do what I say." ”
Everyone looked stupid, you are the boss, you have the final say.
But the five people here, including He Shihan, actually have great doubts about his approach in their hearts.
What are you kidding, a global stock market crash is coming, and there is no sign at all?
It always feels like you're listening to a story.