After a series of bad news bombardment in the first few months of this year, many people in the U.S. stock and futures markets have expressed doubts about the U.S. economy today.

    Especially because of the virtual fire in the real estate market, in recent years, the subordinated bonds that have become very popular and the subordinated bonds have also been derived from various financial instruments.

    This market was so hot in the first two years, even to the point that it was indescribable, not only the large investment institutions in the United States, and the big investment banks are speculating on this kind of bond and his derivatives, and even some overseas banks and investment institutions are also speculating.

    Although the U.S. financial market is based on 10 trillion yuan every year, many people can't help but feel fear for this market when this subordinated debt plate has been hyped into a 62 trillion dollar super market.

    Since the beginning of this year, there have been some people in the financial community who have been on TV attacking the bonds and the US financial markets, as well as the regulators, and the damned investment institutions and big investment banks.

    However, these people are generally not well-known, and those large investment banks and investment institutions, and even the US government, have come out to refute the rumors and boost investor confidence.

    So a series of suspicions were suppressed, after all, except for those real financial predators, it is difficult for others to understand the mystery in this circle.

    But the next few months were all bad news, first in February, HSBC first lost 1.8 billion yuan on subordinated debt, and then the largest mortgage company in the United States, National Finance, began to reduce housing loans, and then New Monetary Finance issued a profit warning, which was the first time in several years.

     But at that time, there were not many people who were sensitive to such data and news, after all, this was only a few companies' market performance, and the reason why they lost money was probably related to their own improper operation, and the market may not have much to do with it, and many people thought so at that time.

    Take a look at Goldman Sachs and Morgan, which are the bellwether of Wall Street. As long as they don't have problems, then Wall Street and the U.S. economy are fine.

     The March loss came as expected, and New Money Finance, the second-largest subprime mortgage company in the United States, declared that it was on the verge of bankruptcy, and waited until April. After laying off half of their employees, they began filing for bankruptcy protection.

    Since then, many sensitive people in the market have sensed that something is wrong with this market.

    However, in the following period, the sources in the market are very confusing, which makes many investors feel very strange and unable to judge the next trend of the US economy.

    The U.S. Department of Real Estate Management announced that real estate sales fell by a few percent month-on-month last month. But on the other hand, the economic data released by the US government showed good growth.

    Many people are confused, they don't know that this good growth is actually contributed by many arms dealers and oil dealers, and not by real estate, the largest industry in the United States.

    April has become the most worrying month for many people, and even then some sensitive people have begun to think about a way out. Because the data released by the U.S. Housing Authority that month was that the number of real estate sales in the United States last month fell by 8.4 percent from last year. That's a pretty scary statistic.

    After the data was released, there was a panic in the market, and many people were because this time it might really be over, when the market was full of bearish forces, and there were people everywhere who were shorting the U.S. stock futures index.

    But then the U.S. government came out to refute the rumors, and there were even rumors that the Federal Reserve intends to continue to implement monetary easing, and it is very likely that a new round of monetary easing will be introduced next month.

    Now the sub-market has settled down, and then the multi-party forces have soared, and the forces that have just been shorted have been forcibly suppressed.

     Then there is a series of actions by Goldman Sachs and Morgan. Today I sold some subordinated bonds there, and tomorrow I will announce a partnership with a company in the Middle East to enter the US market, and so on.

     made some investors who did not know what was going on in a dizzy way, and there was no way to judge at all, and after a series of means, the US financial market finally entered a stage of stability.

     And in May. The Dow Jones, Nasdaq, and S&P have all climbed to the highest level of the year, and have only hovered around the highs, not falling, and many people believe that according to the economic trend this year, these indices are likely to climb to a new height.

    And on the 22nd of last month, the U.S. stock futures index market suddenly carried out an inexplicable high correction, the decline is not low, the Nasdaq index fell 1.37% in one day, the S&P index also fell 1.29%, only the Nasdaq index fell not so much, but it also fell 1.07%.

    But these have not caused the market's vigilance, everyone has been this is the market in the natural pullback, after all, we still continue to strength, wait for the opportunity, and then hit a new peak in one fell swoop.

    But at this time, just entering July, everyone thought that the market power had accumulated almost the same time, but on July 10, Standard & Poor's suddenly announced the downgrade of subordinated bonds.

    Isn't this a human life?

    Originally, everyone was expecting this way up, but who would have thought that you would suddenly insert a knife in everyone and announce a direct U-turn down?

    What UBS, Bank of France, Deutsche Bank, ABN AMRO, Temasek, Japan's Nomura Securities and other foreign investment institutions were completely defenseless against such news, and they were knocked to the ground on the spot.

    By the time they understood it, there was a huge panic in the market, and if you think about the data on U.S. real estate that has been released before, it has been in a stage of declining sales for eight consecutive months.

    Suddenly the market is a bearish voice on the United States, at this time everyone knows that things may be big, the subordinated debt plate is so big, if it really collapses, everyone can not be better.

    So this panic is getting worse and worse, and the Dow Jones, Nasdaq, S&P, and other three of the most important economic indices in the United States are falling sharply.

    Even the decline can no longer be described, can only be described by a sharp setback, only a moment of the flood has approached the warning line, the market is instantly chaotic.

    Plus there is something Friday today, many people suddenly think of the famous Black Friday in the history of American finance, so everyone began to short, after all, the loss of subordinated bonds seems to be inevitable, and everyone certainly hopes to recover some losses.

    But at this time, everyone is shorting, and no one will answer you when you throw out a short order, who would dare to bet with you in such a situation?

    So there was a voice of mourning in the market, some people sighed that they couldn't make money, and some people were knocking on their heads, specially, I knew this, I shouldn't have picked up those empty orders a few days ago!

    The most regrettable thing here is the Temasek and Nomura securities that made a bet with Thunderbird in the morning, just this morning these two almost ate the billion-dollar empty order issued by the Thunderbird company, if they lose, they will have to take hundreds of millions of gambling funds into the pocket of Thunderbird.

    At the beginning, the two companies were still making up their positions to delay their period, but when the whole market took a sharp turn, they soon fell into a dilemma again.

    If you don't make up the position, then the previous hundreds of millions will be completely finished, but if you continue to make up the position, the market is full of shouting and shouting sounds, and throwing it into it is not enough to fill the pit, and it is likely that the more the hole is filled, the bigger it will be......

    But at this time, no one cares about their voices, and everyone is wondering how to survive this crisis.

    And at this time, in the high-level conference room of a certain building on Wall Street, almost all the elites of Wall Street, including the senior executives of the five major investment banks, as well as representatives of the National Financial Administration, and people from the Federal Reserve gathered here for a meeting.

    The topic of the meeting is how to save this crisis, after all, everyone is a grasshopper on a rope, and no one can run, because there are many chaotic triangular rotten debts in everyone's hands, and if the subordinated debt plate really collapses, then everyone will be all finished.

    But now the most difficult problem is that the panic in the market has been formed, everyone who wants to plug the hole, it is all the mantis arm as a car move, so everyone can only twist into a rope and this crisis hard shake.

    In the end, it was the Fed who took the lead, which persuaded several banks and some other large institutions to let everyone come up with a certain amount of money on Monday to stabilize the market, and at the same time, the state will also send people to clarify some information in person, so as not to continue to ferment the market panic.

    Today is Friday, and the time to close is not far away, if you want to make a move today, it is too late, and you have to give everyone some time to prepare funds, so the big guys agreed together, and the time for action will be placed on Monday next week.

    These Wall Street elites have just dispersed one by one, and there is already a cheer at the headquarters of Thunderbird......

    "Yay! ……”

    Many Thunderbird's over-the-top players have fallen into a state of ecstasy, after all, the company has made money, and it will definitely not be missing its own red envelopes at that time. (To be continued.) If you like this work, you are welcome to vote for recommendation and monthly passes, and your support is my biggest motivation. )