In order to prepare for this dinner, Xiao Yang did his homework in advance, not only asked Brian to set up a temporary team to collect news reports related to all the attendees, but also privately hired more than a dozen private investigators, including Pericano, to go to New York, Chicago and other places to secretly investigate the personal preferences and taboos of these financial predators, and strive to make every detail perfect. Pen × fun × Pavilion www. ｂｉｑｕｇｅ。 ｉｎｆｏ

However, for these capitalists, who are worth hundreds of millions of dollars and control assets as high as ten or more than a hundred times, the combination of a few hundred yuan of a guest's delicacies, thousands of dollars of a night's beauty, and tens of thousands of dollars a bottle of famous wine is not as attractive as the young and mysterious prophet who sits on the throne and accompanies him.

Or, strictly speaking, none of this is more interesting than the prophecy he is about to throw.

For this reason, Daniel Oates, who was sitting on Xiao Yang's left hand side, implicitly told him that it was possible to skip these lengthy foreplays and get straight to the point?

In view of the fact that Xiao Yang's influence in the financial circle is close to zero, industry giants such as Bank of America, Goldman Sachs, Lehman Brothers, and Big and Small Plastics are disdainful of joining in this seemingly boring excitement, so in addition to the executives of several banks in the period of rapid development, such as Wells Fargo, Northwest and First Union, most of the rest are the bosses or founders of some small and medium-sized private equity funds and venture capitals, like this who once worked at Goldman Sachs and later founded the management company Ochie-Zief, Daniel Oates, who has operated a hedge fund of $100 million in just one year and now has a scale of more than $1 billion, can only barely be regarded as a rising star.

However, Xiao Yang did not despise his opinion because of this, because he knew that these words also represented the hearts of everyone present, so he picked up the spoon and gently tapped the wine glass twice to attract everyone's attention, "Thank you to all the beautiful ladies who are here tonight, you have added a lot of color to this dinner party that should be boring, but I'm sorry, I will have to ask you to go to the recreation room next door to take a rest, where I have prepared a small gift for everyone...... Don't hesitate, get moving, girls! You must know that for the dozen or so people around you who are hundreds of thousands of dollars a minute, time is the most cherished wealth. ”

After inviting these Yingying Yanyan and the service staff out of the banquet hall, Xiao Yang did not immediately get to the point, but whispered a few words to Brian who was sitting on his right hand, who nodded knowingly, and took out a stack of pre-prepared confidentiality agreements from the briefcase placed at his feet and distributed them to everyone, "No offense, but before revealing the final mystery, I have to ask you to sign your name on it." ”

"Is this really necessary, I mean, who would reveal the news that they bought for 500,000 yuan to others? Unless that guy is willing to give 1 million! Stephen Norris, founder and chairman of the board of directors of Carlisle Investment Group, complained as he examined the contents of the non-disclosure agreement, and his words resonated with many in the room.

"That's what I'm worried about, I know that for all of you here, it may only take a phone call to earn 500,000, but if someone wants to recoup their costs in this way or even make a small profit, then it will undoubtedly be extremely unfair to everyone else here." Speaking of this, Xiao Yang paused slightly, swept his gaze over the faces of the attendees, and emphasized again: "I know this sounds a little ridiculous, but this possibility does exist, because the content of my next prediction is closely related to the vital interests of every securities investor, and it will even have a very far-reaching impact on the entire United States and even the global capital market, so I have reason to believe that as long as I leak a little bit of the news, there will definitely be people who want to pay a lot of money to buy the secrets that you are about to hear." ”

"Since you will be here, I am sure that all of you, like me, are aware of the accuracy and importance of your prophecy, and are full of curiosity about it." As the first delegate to be intrigued by Xiao Yang and confirmed to attend, the head of investment at Wells Fargo's Los Angeles branch, Paio Lesky, was the first to sign the non-disclosure agreement, and at the same time politely interrupted his boasting, "So, can you tell us what exactly the prophecy you are about to issue is about?" Is it the turmoil in the broader market, the rise and fall of individual stocks, or the 'bad news' of the collective plane crash at the top of the China Securities Regulatory Commission? ”

"Although I am not an insider, but from Mr. Lesky's words, I can also understand the deep resentment of you for the Securities and Futures Commission, but unfortunately, as a prophet, cursing others is not my area of expertise." Xiao Yang had a faint smile on his face, and his tone was surprisingly calm, as if he was explaining something that had nothing to do with it: "In fact, what I foresee is related to the Federal Reserve - out of concern about possible inflation, the Fed will raise the current Federal-funds-rate by 25 basis points (1 basis point equals 0.01 percentage point), from the current 3.00% to 3.25%. And this news will be announced soon, within a week to be exact. ”

Before his words could reach the ground, there was already an uproar in the banquet hall.

Interest rates?!

This word does not mean much to ordinary people, you must know that the average American people do not have the habit of saving, whether the bank raises interest rates or not, the size of the interest rate hike has little impact on them, and no one cares, but for all of you here, this sentence is tantamount to a thunderbolt on the ground.

The so-called federal funds rate refers to the interest rate of interbank lending in the U.S. financial market, and one of the most important indicators is the overnight lending rate, which is one of the most lethal monetary policy levers in the hands of the Federal Reserve.

For the representatives of banks and brokerages here, their respective investment priorities and profit methods may be diverse, but whether it is a loan to invest in long-term bonds, or borrowing money to buy and sell futures to hedge arbitrage, the principle is nothing more than to raise funds through short-term borrowing, and use the leverage and interest rate swap of the financial market to amplify returns.

The cost of doing so is calculated entirely according to the current 3% short-term lending rate, if the interest rate is raised by 25 basis points as Xiao Yang said, then their theoretical operating costs will increase by more than 8.3%, which will mean hundreds or tens of millions of additional costs for financial investment transactions that are often calculated in units of billions!