Chapter 996: Blocking Japan?
Byron Wayne, a well-known prognosticator on Wall Street who has been bearish on the U.S. stock market for months, believes that this year will end in the red, and also sends a warning to the market. Pen | fun | pavilion www. biquge。 info
When Robert asked him for advice, Wayne gave a good prediction: "Now investors don't need to panic, the US stock market fell a lot, but it did not affect the real economy, I predict that the US stock market will rebound, I am confident in the US economy!" ”
Robert Warren faced Paul Jones: "Paul, is this financial stock market crash also expected by you?" ”
"Actually, this crash was a few months earlier than I originally expected, but it gave me a clear signal on Friday, when the stock market has been volatile for weeks, and there was a strong downside on Friday, so I thought it might fall more on Monday, and I took this opportunity!" ”
Robert turned to the camera and the audience and said, "Okay, now let's recap what happened that day."
On Monday, October 19, when the market first opened, many NYSE economists tried to buck the trend, and apparently some investors did not do so. Earlier Monday, many of the franchised brokers were big buyers, according to the SEC. However, as the stock price fell, many brokers suffered losses in their positions, and they began to lose their ability to protect their disks. ”
He helped viewers recall the day: "For example, around 10:00 a.m. on Monday, a large institutional investor started selling a lot of shares and sold a total of $1.1 billion in 13 times in one day at a price of less than $100 million each. It was at that time that many investors suddenly discovered that this was very likely to be the beginning of another stock market crash, and immediately followed suit. After the afternoon opened, sure enough, the stock price was like a dive. According to analysis, the 10.19 stock market crash may be the most serious financial crash since World War II, so let's listen to what financial experts and investors have on the future situation! ”
"Mr. Lin, are you still optimistic about the U.S. economy?"
Lin Qiangsheng nodded and said: "Of course, I think the stock market will also squeeze out the water and recover again in the future, as Mr. Wayne said." The stock market crash did not affect the real economy of the United States, and it will be easier for operators to borrow from banks in the future, and in some ways, this stock market crash is actually a good thing! ”
.............
At the end of the forum, there was a reception where some economic and financial experts gathered to discuss the future of the world economy, and the topic quickly turned to the Japanese market, which is the key to today.
The big winners of Paul Jones and others who profited from the stock market crash gathered together and were regarded as heroes in the capital world.
The United States is a country that worships getting rich overnight, and people don't think they're doing anything wrong.
Jones also shared some of his insights into the Japanese market: "In the traditional view of equity analysts, the Japanese market is trading at extremely high price-to-earnings ratios, there's no doubt about it. ”
"The Japanese authorities have sharply lowered interest rates after the Plaza Accord in the hope of offsetting the impact of a stronger yen on the economy, but this has also led to an increase in production and operating costs. Now that the Japanese business community generally believes that the cost of investing in their home country is higher than the benefits, the Japanese have begun to send capital overseas, and they have become major buyers of golf courses, Impressionist paintings, and the Rockefeller Building in California. ”
Jones looked at the crowd: "I think everyone also knows the strength of the Japanese buyers, they are swallowing everything quickly and efficiently!" ”
Everyone nodded, this is the era of the Japanese, and there are even statements in the United States that the Japanese are going to buy the whole of the United States, and even the Japanese themselves are clamoring for this.
"I also have information here, in the first half of this year, Nippon Telegraph and Telephone Company was issued on the Tokyo Stock Exchange at a staggering 250 times price-to-earnings ratio. With a little rationality, you can see that the market is seriously overvalued, but it continues to rise. ”
As Jones said, as with all economic bubbles, everyone predicts that the Japanese market will collapse, but the difficulty is not knowing when the collapse will occur, which is really worrying!
Lin Qiangsheng sat next to Jones, his face was leisurely and indifferent, but he thought in his heart: "This feeling that everyone doesn't know and I know, it's great!" ”
He didn't want to poke it, let them guess. Lin Qiangsheng even hopes that any fool will rush into the Japanese market right now to knock eggs and stones.
After the Japanese telegraph and telephone company went public, it showed a super strong growth momentum, and the whole market was irrational.
Shorting Japan at this time is tantamount to suicide, and the Nikkei 225 index rose by an incredible 63% over the next two years, which proves how frenetically the Japanese market has become, which is more expensive than dealing with bubbles.
At this time, Jones noticed Lin Qiangsheng's smile: "Lin, what do you think, is now the time to block Japan?" ”
"Blocking Japan?" Lin Qiangsheng said in surprise, seeing that the people around him were looking at him, he was stunned for a moment and then came to his senses, maybe people's words are so direct, in a sense, it is also right, large-scale shorting of the Japanese market is definitely not popular with the Japanese.
He shook his head: "Now that the Japanese market is in a state of frenzy, it is not appropriate to do the opposite until there is a clear signal." ”
"What's the timing?" Someone asked.
These people are also optimistic about Lin Qiangsheng's financial knowledge, and practice has proved that he has fully proved his strength in this stock market crash.
Lin Qiangsheng said ambiguously: "Maybe tomorrow, maybe the day after tomorrow, I think at least the current Japanese market still has room to rise!" ”
It is unbelievable that the Japanese are now the world's largest buyers, and the overdeveloped domestic market has given them strong confidence.
People don't think that this phenomenon will continue for a long time, but when will it be a head, will the United States be bought by the Japanese?
...........
"Paul, I hope we can cooperate in the Japanese market!" Finally, Lin Johnson said goodbye to Jones.
Jones nodded, expectantly, "I have this idea too, Lin, if you have any news, you have to tell me." ”
Lin Qiangsheng laughed and said, "Definitely." ”
The two said goodbye at the door of the Plaza Hotel, and Lin Qiangsheng was just about to get in the car when he saw Soros walking out, and he was surrounded by people.
On a whim, he shouted, "Mr. Soros, take my car." ”
Soros turned his head to look, he hesitated for a moment and walked over: "Mr. Lin, hello! ”
Lin Qiangsheng smiled and said, "Mr. Soros, please get in the car, I want to ask you a question." ”
Soros was very interested in his invitation, and after saying goodbye to his friend, he got into his car, and when Lin Qiangsheng also got in the car, he asked, "Mr. Lin, what question do you want to ask?" ”
Lin Qiangsheng said: "Mr. Soros, you are a Hungarian, and Hungary is the first society to reform. Yes. Host. I am very interested in Eastern Europe, and I hope to have the opportunity to go to Hungary and other countries to see it on the spot. ”
The car started slowly, George Soros was a little surprised after listening to Lin Qiangsheng's question, and he said secretly: "You know, Hungary is too close to the Soviet Union, and unfortunately, after decades of mistakes, it has finally changed something and taken a step forward, which is very happy!" ”
Lin Qiangsheng nodded and said: "Of course, China has also reformed and opened up, I understand your feelings!" ”
Soros nodded and said, "If Mr. Lin is interested, I can be your guide, Hungary has just gotten out of society... The shadow of the people who are trying to get closer to the Western community also wants outside investment. ”
Lin Qiangsheng said directly: "I want to set up a foundation in Hungary with the intention of helping the scientific and social development of Eastern European countries. I heard that you have two foundations in Hungary and would like to see your help. ”
After the collapse of the Soviet Union, most of the social wealth in Eastern Europe and even the Soviet Union was divided up by the West, and Lin Qiangsheng thought that he would be able to get a piece of the pie at that time.
Although Soros had some doubts, he couldn't refuse Lin Qiangsheng's proposal: "I have a Soviet aid foundation, Mr. Lin might as well participate in my fund, and someone who knows Eastern Europe and the Soviet Union will help you take care of it, so it will be more convenient." ”
Lin Qiangsheng smiled, neither agreed nor refused, just nodded and said: "Let's see when the time comes, I hope the Hungarian people welcome me!" (To be continued.) )