Section 304: Stock Market Crash

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In the following days, Carl went to New York, and Ye Mu stayed in Great Falls City and continued to lure the two banks to make loans. 【】

In recent times, Montana has been cloudy on the surface, but it is surgingly stormy. The first is the resignation of the governor, the next gubernatorial election, and the reorganization of the parliament......

On the commercial front, land and property prices continue to rise. In particular, Montana real estate prices more than tripled in the next two months, driven by Wang Bin and others. Wang Bin and others have hoarded a large number of farms and pastures...... It also includes the fourth-largest farm in the eastern region, with an area of nearly 100,000 acres and a transaction price of 470 million.

Ye Mu, who heard the news, was secretly puzzled, it was obvious that the investment of this money was not worth it. What are they thinking? Or maybe it's something else...... Or maybe it's as Karl said. But in any case, the Democrats, who have just taken control of Montana's politics, are more than happy to see a large-scale land deal. Because of the tax, it is just the right time to solve the urgent need.

The new ruling party was quite jealous of Ye Mu, and the first thing it did after the reorganization of the regime was to implement the name of "Ark Greenhouse" and approve the construction, but with one condition, the cement and green vegetation needed to be purchased from the state.

Everything in the ark is still in a state of preparation, and the foundation will be laid after the spring of next year. And the largest cement plant in Montana, which is also on Ye Mu's acquisition list, agreed. 【】

It was busy until mid-October. This year's winter was ten days and a half a month earlier than usual, and it was extremely cold.

Ye Mu finally ended the affairs of Great Falls City and returned to the farm. Provisional funds are ready, and the US stock market is almost crazy. Yesterday, the Dow Jones Industrial Average rose for 29 consecutive trading days, setting new records on each trading day. The price per share of New Century Steel Group has reached US dollars......

In Huaxi Farm, the people who bought the shares last year had already sold them at a price of $100 per share, and the same was true of Ye Mu's relatives......

The original shares, which were worth $10,000, are now worth $200,000, and after deducting various taxes, investing $10,000 will make less than 140,000 yuan in just one year. In particular, Hank's agricultural department employees, who were rewarded with $10,000 in original shares, are now laughing at their dreams with nearly $300,000 in cash.

Except for a few of Ye Mu's relatives, they were all sold at a price of $100 per share, and they all got rich instantly......

Back home, Zhao Jiyang and He Huanyan were in the study, looking at the stock price of New Century Iron and Steel Company displayed on the projector without blinking, seeing Ye Mu coming back, Zhao Jiyang hugged him happily and said: "The stock price of New Century Iron and Steel Company has risen again." ”

Ye Mu smiled: "The price has increased again." ”

The stock market is crazy right now, and the Dow Jones Industrial Average has reached an unprecedented point, and this part of the bubble should be around 10,000 points.

Zhao Jiyang had 325.6 million shares in his hands, and the original plan was to keep them to detonate the economic and financial crisis, but the stock price of the New Century Iron and Steel Group Company rose sharply. In the face of vested interests, Ye Mu couldn't resist the temptation, and began to sell stocks when the price of a single share was still $70 in September. Up to now, Zhao Jiyang has not much stock left in the New Century Iron and Steel Company. After deducting taxes and expenses, it received $17.1 billion in cash......

The Hawaii real estate bubble is also already very scary.

With the analysis of external data, the economic and financial crisis no longer needs Ye Mu to detonate it. Ye Mu's NB100 company in Hawaii has a lot of land under its name, except for the comprehensive plantation in the middle of the Big Island, the Monaca Islands, and a few small high-quality plantations, and the rest of the land has long been sold out, and the harvest is $7.1 billion in cash.

According to the latest data, the total market value of the stock market in the United States is now $41 trillion, and stock market bubbles are inevitable. The short group led by the Quantum Fund has already completed its layout......

In the current situation, except for the short group, the vast majority of people do not want to break out of the economic and financial crisis, and only want this peak to pass slowly and decline slowly, and there will be no more 'Black Monday' events.

The New York stock exchange is so hot that it looks like a bustling vegetable market outside the exchange before dawn, crowded with people waving checks and bank cards......

Everyone knows that the financial crisis is inevitable, even more terrible than the subprime mortgage crisis of 0708. After all, there is no final time to crash, the stock market is still soaring, and people with bulging wallets have lost their minds one by one.

"What's wrong with you?" Zhao Jiyang saw the frowning Ye Mu and asked.

"If God wants you to perish, he will first make you mad. Boom and bust, good days are coming to an end. Ye Mu said and suddenly smiled, whether the US stock market crashes or not is his own business, or it is important to take care of his own one-third of an acre.

"By the way, what day of the week is today?"

"Thursday ......"

"How many stocks do you have left?" Dump them all after the market opens tomorrow...... I reckon that next Monday will be a dangerous period. ”

"The stock is gone." Zhao Jiyang said with a relaxed face.

He Huanyan was stunned and said, "I have 2,000 hands of Google shares, will I sell them tomorrow?" ”

"Now it has reached a very dangerous point, and when the stock market is closed on Saturday and Sunday, most of the investors who have calmed down have the idea of putting their pockets in their pockets...... I'm worried about the Black Monday resurgence. ”

In the evening, Ye Mu routinely held a video conference with the main members of the temporary fund, expressed his worries, and at the same time wanted to inject nearly $20 billion of funds from Zhao Jiyang's account into the temporary fund, as well as the $7.1 billion newly received by NB100 companies, but was told that this is an extraordinary period, and any large capital flow is extremely sensitive. It's too late for the money to come in.

Ye Mu's worries are not unreasonable, on Friday, many people have seen the risks, or think that the benefits obtained are enough, and want to settle down, and began to withdraw funds in the stock market. But the government reacted quickly, with the stock market showing ups and downs during the hours of trading in the morning, and the Fed announcing a rate cut in the afternoon, but it was a wrong move.

Two days have passed on Saturday and Sunday, although there has not been the Black Monday that Ye Mu imagined, the Dow Jones Industrial Index, the S&P 500 Index, and the Nasdaq Index have stopped their upward momentum.

Individuals and institutions preparing to withdraw from the stock market began to sell off their remaining stocks, and on Tuesday, the Dow Jones Industrial Average fell 31.99 points for the first time in 32 sessions. It fell again on Wednesday, down 72.14 points. Not only the Dow Jones, Nasdaq, and Standard & Poor's are also falling. And the experts and professors in the United States and the economic and financial institutions are also suitable to stand up and sing war songs, saying that the normal rebound of the market and the stock market will rise sharply...... It's just a cover for the divestment of large institutions. Those institutions that have not had time to withdraw their capital are like ants on a hot pot at this time, and they want to sell, and they have too many stocks in their hands, which is easy to trigger a herd effect, and it is not a matter to keep them. The stock market bubble is already very high, and no one can afford to have another bull market in the stock market unless the Fed intervenes to pull the market. (To be continued.) Mobile phone users, please browse and read, a better reading experience.