Chapter 51: The First Loss in History (5)

In addition to talking about Tom at the beginning of the call. After Dalaire's recent situation, John Brown. Mark didn't say anything again, and the whole process was for Soros to communicate directly with the other party. The reason for this is that of course there is John. Mark was cautious, but more often than not, since the bond sale happened, John was cautious. Mark's attitude towards big business has changed 180 degrees, if it weren't for the fact that he has been friends with Soros for decades, plus Tom. Daulaire is determined to leave, and he probably won't tell Soros all about this plan.

Wait until Tom. After Dalaire happily hung up the phone, John. Mark then said in a deep voice, "George, this is the last time I will help you fight against Mr. Zhong. We have targeted them three times and twice, believing that they have long been aware of it, and although we have done some rescue measures, in fact this will inevitably cause a rift in the relationship between the two sides. If they move from us to the arms of our competitors, then it is definitely more than worth the loss for us. Can you understand any of this? ”

"Of course I get it, man, take it easy." Soros smiled hesitantly, he naturally knew that after asking the other party three times and twice, he and John. Mark's friendship was soon exhausted. If it weren't for the fact that Soros has used their brokerage channel for decades and has worked together on several major financial events, the relationship between the two sides would never have been so close.

"In addition, I would like to tell you a piece of news, which I personally speculated." After appeasing the other party's feelings, Soros naturally wanted to throw out some sweetness, "At tomorrow's Fed meeting, it is very likely that a statement on interest rate cuts will be issued." According to our speculation, this rate cut will be quite strong, between 50 basis points and 75 basis points. Before that. Greenspan has already declared that there is a one-in-three chance that the US economy will enter a recession, so in order to stimulate the economy not to go down, the channel for interest rate cuts is about to open, either this month or in the next two or three months. Combined with the run crisis that took place in the UK two days ago. Personally, I think the chances of announcing a rate cut this month have risen sharply. ”

The Fed's monthly policy meeting is the most focused meeting in the market, and there is no one. At this regular monthly meeting, the Fed's policy committee and bankers from across the country will prescribe a pulse on the country's economy, followed by a public statement to the market. Subsequently, economists and strategists from various financial institutions interpreted the Fed's outlook for the economy and possible measures based on the statement, and then further predicted the direction of the market.

When it comes to money, it won't be a trivial matter.

John. Mark naturally knew that tomorrow would be the day the Fed would hold a meeting and make a statement, and in fact there had been a heated discussion within Stanley about this meeting. There is support for both the argument of cutting rates this month and not cutting them this month. In general, the premise that the Fed may cut interest rates has been fully predicted, but the two sides have disagreed on the specific timing.

For Soros's opinion, John. Mark is undoubtedly very important. The reason is nothing more than that this guy is so good, and his macroeconomic attainments have almost reached the peak. It is precisely because he has been able to find out the context of the Fed's actions again and again that Soros has been like a fish in water in the financial market, and has accumulated a huge amount of wealth in just a few decades.

Of course. Financial markets are definitely not limited to Fed policy. So even if a cow is like Soros, there will inevitably be times when it fails in the market.

"Are you sure?" John. Mark touched his smooth chin. After weighing it repeatedly, he asked solemnly, "If you can really get the exact news from the inside, or if the accuracy of the prediction reaches more than 90%, I don't mind releasing the news to the customer first." ”

"How is this possible?" For John. Mark's temptation, Soros snorted haha. Without revealing the slightest tone, "John, you know that I have always been a good law-abiding citizen, how could I do such a thing that damages my moral reputation and is also illegal?" But John. I think you'd better trust me. If it weren't for these things, I wouldn't have told you about the results of our internal research. You must know that our research capabilities are definitely above yours. ”

Soros is right, because he is at the top of the food chain and the salary he offers is extremely generous, so many investment bank analysts jump ship from investment banks to hedge funds every year. Of course, most of them are the best in the industry, otherwise it would not be worth the effort of others to win them over.

Although Ivy League graduates enter investment banking every year, the heavy work and tremendous pressure soon eliminate a large number of them in three to five years. Among the rest of the people, those who can achieve fame will be poached by other industries one after another, so investment banks can only use high salaries to retain talents. But their high salaries are basically nothing to mention in front of hedge funds.

John. Mark naturally understood this truth, and after sighing and shaking his head, he said with a wry smile: "George, it's not that I don't want to release this news, but if it is released like this, there is no way to explain it to our investors." As you know, our previous predictions of economic shape were 50% accurate, and that's the biggest advantage we've been able to reach our customers all over the world. ”

"Oh my God, it's only fifty percent!" Soros, who was on the other side of the microphone, immediately teased mercilessly, "John, you know what? If our forecast is only 50%, then we will be eliminated by the market very quickly. So, don't question us, you know? And this time, you can be confident and bold in posting. I promise you'll be in for an unexpected surprise when the final answer is revealed tomorrow. ”

After three and two hints, Soros finally let John. Mark couldn't sit still. He stood up and began to pace back and forth in the large room, and after five minutes, he finally made up his mind and shouted into the phone, "Okay, George, I will believe you this time." ”

"That's right!" Soros, who was patiently waiting, finally smiled heartily, and finally did not forget to remind, "John, if you continue to cooperate with me, you will gain more." (To be continued......)

PS: Although I haven't written much this month, the author is very grateful for the heavy rewards of many book friends, and once again express his gratitude~