At the end of the third quarter of 06, the Federal Reserve announced another interest rate hike, which was the 18th consecutive rate hike by the Federal Reserve.

However, at this time, Apple released its financial statements, and the gorgeous sales figures and earnings figures immediately made many investors optimistic about Apple's stock, and with many financial experts recommending the purchase of Apple stocks and many Wall Street funds declaring that they are optimistic about Apple stocks, investors are like chicken blood to sweep Apple stocks in the market.

But what no one notices is that no matter how much investors buy stocks, there is no sign that stocks are missing in the market.

This phenomenon is not only in the Apple stock, but also in other stocks have risen in different ways, a large number of voices continue to sing the bull stock market, capital from outside the United States began to be introduced into the American stock market, many anonymous accounts in the market gradually became active, together with some capital from Japan, South Korea, Germany and other countries quietly absorbing the shares of American companies without interest, as if to buy the entire United States into their own hands.

However, none of this has attracted the attention of the US Securities and Exchange Commission (SEC) and the Committee on Foreign Investment in the United States, as if the two organizations that control the door to the US stock market and overseas mergers and acquisitions have closed their eyes and gone to sleep, and there is no targeted investigation of foreign capital inflows at all, as if the door is open, waiting for you to go in and get something.

After the first few cautious temptations, foreign capital began to frantically sweep the stocks. While promoting the rise of stocks, it has also caused panic among some companies.

However, these are all hidden under the good shape of the stock market.

"You're saying the U.S. stock market is out of tune?"

Li Lin made a phone call and gestured left and right. Keep your bodyguard away from you, "Do you have any proof?" ”

"The proof of this is that the shareholders of the company suddenly asked me to disclose Apple's financial statements in advance as a way to stimulate the stock price." Jobs said helplessly on the other end of the phone.

At that time, when the shareholder proposed this proposal, he didn't think about this aspect at all, just to publish the financial statements in advance, this kind of thing is confidential to others, but for the shareholders who have placed people in the company's finances, it is actually some numbers that can be accessed at any time.

As long as they want to. You can disclose it yourself.

Although he wondered why the shareholders were so anxious, he still agreed.

But then the United States began to be abnormal.

The media sang a lot about the stock market, and the stock market in the United States was hot. He also learned through his friends that the number of transactions in the U.S. stock market had reached a very high level, and that it was even unusual for foreign capital to unscrupulously sweep stocks in the U.S. stock market.

You know, in normal times. Foreign capital is restricted by the Securities and Exchange Commission and the Committee on Foreign Investment in the United States. It is very inactive in the US stock market.

In particular, when it comes to sensitive companies, even those that are only slightly sensitive or slightly involved in high-tech, they will be subject to strict scrutiny by CFIUS.

But now this qiē is gone.

It's as if the SEC and CFIUS are dozing off, completely laissez-faire with foreign capital.

This phenomenon is very abnormal, reminiscent of the meeting of Goldman Sachs Group at the American Chamber of Commerce gathering, which he thinks is a conspiracy of Wall Street.

The goal is simple, to withdraw your capital as much as possible and find a safe haven.

"And I checked. Although the U.S. stock market is rising, it is more about real estate-related companies. The stock trading of these companies is also very frequent, and it is currently the most frequently traded industry among all industries. Jobs said in a condensed voice, "You say, what should we do at Apple?" ”

"What do you want to do?"

Li Lin doesn't know much about Apple's stock, he only knows that Apple's stock has risen all the way after a dismal decline because of the big iPhone sales.

He really didn't know how Apple got the bottom of the subprime mortgage crisis.

He is not a stock-related practitioner, nor is he a shareholder of his own, and the stock news of Apple is only because in Li Lin's previous life, Apple was too brilliant, and many news are discussing Apple, and it is difficult not to pay attention to it.

He remembers how much Apple's stock has risen and how much it has risen, and he remembers that Apple's iphone4S and iphone6 were on sale, and the profits hit the world, but he doesn't remember how many twists and turns Apple's stock has, and he doesn't remember how Apple's stock performed in the subprime mortgage crisis. Is it up or down?

However, he also knows that in the general environment, it is too difficult for Apple's stock to buck the trend.

He suspects that Apple's stock will suffer some kind of trauma during the subprime mortgage crisis.

It's just that it's hard to say how big this trauma is.

If it just goes down a little bit, it doesn't affect him, but if it falls too much, it will have a big impact on him, you know, he can now be saddled with Wells Fargo debt.

Because of his successful bet, Wells Fargo never mentioned the matter of asking him to repay, and even kept telling him that he would continue to lend to him, and as for the collateral, the Apple stock in Li Lin's hand is the best collateral.

But this premise is that Apple's stock has been rising, and Apple's performance has been so good.

In the subprime mortgage crisis, if Apple's stock collapsed, even if he believed that Apple's stock would rise sharply, Wells Fargo would let him repay it.

Never doubt the short-sightedness of the bank.

There has always been a saying in the industry that 'when you don't need money, banks rush to give you loans, and when you need money, banks start to be stingy'.

This sentence perfectly explains the short-sightedness of banks.

Because according to normal people's practice, shouldn't you give loans that need money? It is very easy for banks to lend to enterprises that need funds, but banks do not do this, they do the opposite, and only lend to enterprises that do not need loans.

The reason is simple, because banks need to control risk.

Generally speaking, enterprises that need loans have various problems on their own, and some enterprises have broken the capital chain because they have not recovered the money.

Some companies have problems because of their own growth and need loans to save themselves.

But no matter why these companies need loans, they all have one thing in common, that is, they are crumbling, and lending to them is very likely to lead to bad debts that cannot be recovered.

When there are many bad debts, the bank's ability to resist risks will be weakened, and any run will follow, which may cause the bank to fail.

Therefore, in such a situation, the bank is safety first, profit second, and the mentality of other financial institutions is completely different.

When the subprime mortgage crisis came, Wells Fargo would have to collect debts all over the world in order to shrink its funds to resist the risk of possible deposits, and it just so happened that if the Apple stock in his hand plummeted, he could be chased by Wells Fargo and face a series of problems.

Although he is not without a chance to resist, as long as he thinks about fighting against a large bank, it is terrifying to think about it, even if he is a traverser, he does not have the confidence to fight against a large bank.

In this era of energy and finance dominating the world, as one of the two pillars of the era, the strength of banks is terrifying, no one has an accurate number in their hearts, but everyone knows that this is a very terrifying thing.

To oppose them is, in a certain sense, to oppose the US government, and to oppose any person and the country will end up being crushed by the state.

He has no extraterrestrial technology, no superpowers, he's just a time-traveler who knows history well, and someone else can easily bury him under the dirt if he arranges a car accident, and as for his fans, those people will only think that he died a normal death.

Even if there is a suspicion in it, as long as the bank is willing, the media will cover it up and not report it, even if it is the Internet, an emerging media that claims to be not under the control of the media group, will not report it.

The reason is very simple, although the online media has not been controlled by the media group, it does not mean that the bank cannot influence him, in fact, there is no industry in the world that is not affected by the bank.

Even if you are a small street shop, you need to deal with the bank, and in the process of dealing with it, the bank will inevitably have an impact.

It's just that some of the effects are negligible.

"It would be nice if I could get another loan." Li Lin thought in his heart, and a flash of inspiration suddenly flashed in his mind, he was now afraid of the bank recovering the loan, completely because he had not borrowed enough money.

Once Wells Fargo is determined to forcibly recover the bank loan, if he can't pay it back, then the collateral will be given to Wells Fargo, and because the collateral can offset the loan and can be surplus, Wells Fargo can have no scruples, but what if he borrows more money than the price of the collateral?

This is not possible in normal times, because Wells Fargo is not stupid, although they are bold, but they will not exceed a certain limit, even if you say it is fanciful, it is impossible, but it is not the same if it is a subprime mortgage crisis.

He pledged a large loan with Apple's stock, and when the subprime mortgage crisis came, the price of Apple's stock fell sharply, and at that time, the value of the collateral could not match the loan, and Wells Fargo would not be able to make up for its losses even if it recovered the collateral.

It is not unreasonable that it is the uncle who owes money, even in front of the bank, there is a market. (To be continued......)