Morgan took the whiskey: "Your girlfriend?" ”

"Oh...... Oh......" Edward didn't know how to answer.

"I really envy young people......" Morgan sighed, and by the way, he made an expression that you know.

"Tell me your advice......

"Good," Morgan took a sip of his wine, put his glass on the table, and talked.

Through Morgan's description, Edward has a lot to understand about the situation on Wall Street at the moment.

At the moment, the U.S. stock market seems to be on fire.

So much so that the broker seat on the New York Stock Exchange has risen from $20w in 64 years to $50w, which is an unprecedented high price.

The same is true for equity indices, with the Dow Jones climbing from single digits in '29 to a high of 1,000 in '66 before oscillating between 800-1,000.

At the same time, federal discount interest began to rise restlessly, hovering around 4% throughout the sixties, but the interest rate broke through 5.5% just after entering '69, and the latest figure is now 6%, which is also the highest level not seen in 29 years.

According to the basic economic law, the higher the market interest rate (usually referred to as the risk-free rate), the greater the negative impact on the stock market.

After all, under normal circumstances, the annual profit of the rice stock market is about 12%-14%, which is well documented.

And now that the risk-free rate has risen to 6% and there is a further upward trend, then a lot of money that needs safety will be ripped out of the stock market to buy money market funds or simply enter the bank in the form of large certificates of deposit.

Sacrifice part of the risk return in exchange for stable returns.

However, in order to fight against the high risk-free interest rate, equity investors (who do stocks and extended products) can only trade in a more aggressive way, so as to use excess returns to win more money into their accounts.

This has led to a significant increase in trading volume, but it has been unfortunate for individual investors.

According to the data, in 1961, the trading volume of individual investors accounted for 51.4% of the total trading volume, and in 69 it fell to 33%.

Institutions pursue high-frequency entry and exit model transactions.

As a result, the trading volume of the entire New York Stock Exchange has been climbing, and it is only a matter of time before the daily trading volume is expected to exceed 10 million shares.

This is of course a good thing, making the New York Stock Exchange, brokers, brokers, and institutions smile from ear to ear.

But it also brings huge problems, this era is still the era of mechanical electrification, technical bottlenecks have appeared, and the current technical means alone can no longer meet the needs of daily liquidation.

So much so that last year, the New York Stock Exchange implemented an unprecedented four-day trading system every week, and it was closed on Wednesdays, specifically to clean up the trading data on Mondays and Tuesdays. It didn't return to normal until '69, but it still shortened its business hours from time to time. (As an aside, it was for this reason that prompted the emergence of the electronic trading platform NASDAQ a few years later).

Because those large brokerage companies are equipped with electronic computers in the background, although they need to manually input a large amount of data, the subsequent matching coupling is much less labor.

However, small brokerage companies do not have so much capital and technical strength, and all quotations and contracts have to be matched manually, which is extremely terrifying.

For this reason, Wall Street has closed down several brokerage firms in recent years, including many old medium-sized companies.

This detail made Edward a little unimaginable, after all, in his previous life, it was a fully electronic transaction, and the matching and coupling of documents could be completed almost instantly, but he did not expect that in this era, it has become a big problem that leads to the life and death of enterprises.

So "Morgan began to conclude" that many small and medium-sized economic companies are starting to think about new ways to do business – they used to like institutional clients, they have a lot of capital, they trade frequently – and they can earn commissions. ”

"But now, they prefer individual investors, although the money is small, although the frequency of transactions is very low, but the corresponding workload is also greatly reduced, and individual investors, the operation is relatively gentle, there will be no impulse of huge increases."

Edward and Carl Wright remained silent and continued to listen.

"Because I do TV financial programs, I have a good relationship with several small and medium-sized brokerage companies, and they want to use my appeal to help them pull people to open accounts......"

"Great!" Edward's eyes lit up.

"Great," Carl Wright slapped on the thigh...... Edward's .......

"Yes" Morgan just didn't see it, and continued: "The account opening fees and commissions of these brokerage companies are not high, they are quite competitive, and they also gave me a good share ratio, I can give this piece of sweetness to the account holder!" ”

"Thank you for your generosity, Morgan!" Edward quickly got up from the couch and sat down beside Morgan enthusiastically, Carl Wright's face was a little gray.

"We're in a boat now, and getting more people to open accounts means we're going to have more bullets." Morgan said

"yes, more bullets, more cover. Great, this time let the Wall Street idiots know what a tree in Vietnam can talk to! ”

Edward was so excited that he drank the whiskey in his glass, "Let these sons of bitches fall into the sea of the people's war!" ”

"No," Edward said thinking that the language was too unAmerican, so he cheered again: "Let every patriotic citizen kick those vampires in the ass!" ”

……

Morgan was a soldier, and he couldn't hold his head up after being squeezed by fakenews over the years.

For now, Edward gave him hope.

As a typical straight man in the United States, the lonely heroism of John Wayne in his heart is stimulated.

It just so happened that Hansen called.

Edward picked up the phone and frowned: "Damn, this time it's a long-distance call again, right?" ATT will come to you one day! ”

Hansen on the other end of the phone was smiling: "No, no, absolutely not, I'm the one who can distinguish priorities!" ”

"Really?" Edward was skeptical

All I heard in the earpiece was Hansen slamming his chest and screaming: "I swear, if I steal this time, then let me ...... a week, no, no leaves fly for three days."

The coughing sound that came immediately made Edward cry and laugh: "Fxxk, you pat me lightly!" Say, what's the matter? ”

"Ed, can you send Carl, the lawn in New Haven is almost fanned at this time, and we should move on to the second step of the plan."

Carl Wright's eyes lit up, and he was so frightened by Edward's vicious glare that he retracted in fright, and when he raised his head again, his eyes were red.

This kind of expression of pity when I see you is extremely lethal to straight men.

Malicious selling of cuteness should be punished......

Edward had no choice but to say into the phone: "Carl doesn't have much time with you bastard, he's going to keep an eye on the plate and be in charge of the operation." But don't worry, I've got you a new partner, Morgan, yes, the host of Fakenews's economic channel, oh, now a former host, he's working with us now! Tomorrow, I'll have Morgan and Carl come and see you. Carl is in charge of the two of you, and then he'll be back in New York to keep an eye on the talks, and the speech trip will be up to you and Morgan......"

Hung up the phone.

Everyone had a few small talks, and Morgan went home to put his things away and prepare for a business trip.

Edward hurriedly slipped into his bedroom and locked the door before daring to take a shower.

Spring in New York has come unconsciously, the cherry blossoms in Central Park are in full bloom, and apparently the flowers in Carl Wright's heart are also blooming.

In this case, the most important thing is to protect your innocence.

……

It's April.

The plan is carried out in an orderly manner.

With Hansen's lecture tour (incitement) for more than a month, the anger of those who listened to his speech was now inflamed.

And Hansen also made a very big sacrifice.

Originally, there were four horsemen of the apocalypse under his command, and five people turned New Haven upside down.

But after intervening in the campaign of George Duffy, the Four Horsemen fell apart.

Except for the elder Carl Wright, who followed closely, the other three all broke away from Hansen to varying degrees.

I don't know if I was stimulated by something or inspired by the Lord, one day I suddenly vowed to change my ways, so I changed into a three-piece formal suit and returned to class.

At this time, I am preparing for the defense of my graduation thesis with peace of mind.

In theory, this is a betrayal of the revolution.

But betrayal is also betrayal.

After all, everyone is a reformist, and in the future, we will be able to smoke a few buckets of leaves together.

The other two, Robbins News and Judson Baker, are a little more complicated.

These two guys made Hansen angry and scolded more than once afterwards, but he was helpless.

Hansen's team was co-opted by George Duffy to a certain extent, or after infiltrating, he gradually lost control, and in addition to some of the hardcores, many people began to disobey his wisdom.

That's why he went to New York a lot after that, and he also needed foreign help.

The reason for this phenomenon lies with Robbins News and Judson Baker.

George Duffy, the old thing, directly bought them.

And these two guys originally had a line dispute with Hansen, and they only had a short-term alliance with each other, but because of their lack of personal charm, they were made leaders by Hansen.

"Those two bastards of the Second International" was Hansen's comment on them.

The Comintern was the most "reactionary" from the first to the fourth, and the second was the most "reactionary", which later evolved into the Western system of social democracy.

Although it has done well in terms of workers' welfare, it is not wrong to say that it is reactionary, because it has completely abandoned its belief in armed struggle and entered parliamentary politics, believing that its interests can be defended by "legal" political means.

Basically, it was swept away by the communist movement, but because it mixed well in the political arena of northwest Europe, and because the capitalist alliance really needed a banner to flaunt its tolerance and leniency, the Second International, although scolded within the communist movement, actually had a lot of power and was gradually expanding outward.

At the moment of civil unrest in rice, how could they give up such a great opportunity?

Robbins News and Judson Baker were their carefully chosen agents, and they did a good job — not that they did a good job of promoting ideas, but they managed to make a mess of the country.

Old Europe and the United States have long been inseparable, and the Second International, which is based in old Europe, naturally has no good impression of the United States - frankly speaking, they are still afraid and lack confidence in the muddy waters of the vitality of the United States, and the decadent and declining European "political" tradition is the way they are best at warfare.

And the young rice country has never been a martial arts existence, and the shearing of sheep in the two world wars has changed the owner of the bloody accumulation of hundreds of years in old Europe.

Yes, but the annoying part is not the loss of money, but mainly the reputation.

It took more than 200 years for old Europe to bear the reputation of pirates, colonists, murderous manor owners, and brutal capitalists, and only then did it accumulate that little wealth, which was transferred by the United States in a bloodless manner through several treaties.

Old Europe only realized afterwards that he dared to feel that he had been busy for more than 200 years, and in the final analysis, he was the wealth and money laundering machine of the United States!

One can accuse old Europe of bloody and violent looting of wealth from Africa and other places, but they cannot use such rhetoric to squeeze the United States, after all, the wealth of the United States is collected from the heads of old Europe.

This is not the British Empire used the Bahamas, Jamaica, St. Lucia, Trinidad and other islands with great strategic value to exchange a bunch of destroyers from the United States during World War II.

Those things were flat-deck destroyers built during the First World War, and if it hadn't been for World War II, it would have been back long ago.

Of course, old Europe is not willing to accept this humiliation, but the existence of Red Russia makes them dare not openly turn against the United States, and they are really about to break up, but they are afraid that the Warsaw Pact integration forces should immediately rush straight to Dunkirk, this time it is not as good luck as the last time...... The army of the Red Reich will definitely not stop, because there are no greedy fat pilots in the Soviets!

Therefore, the group of politicians and revolutionaries of the Second International could only make small moves in secret.

In this regard, the government of the United States was very generous: "Guest officer! Come and play often when you have time...... Chaos is the essence of the United States, and if it is not, the president will be worried! ”

In fact, the chaotic system of the United States is similar to raising Gu, and the enterprises or individuals that can stand out in the United States are placed in other countries and regions, so ...... That...... It's basically the big boss at the bottom......

So, the Second International thought it was a plan, but from a higher level, it was actually helping the United States to strengthen its resistance, and Bernstein's disciples and grandchildren felt a little spontaneous about becoming vaccines.

As for Hansen, his ideological composition is more complex, from the early anarchist demonstrators, to the acceptance of the idea of the communist movement, did not receive money from big donors before, although later it was completely broken, but it was also somewhat influenced by its ideological part.

This guy is actually very ghostly, and at that time the other party was constantly hinting at his background in Moscow.

This kind of cloudy mountain fog cover routine is very common, and Hansen doesn't care about it as long as he has money to take it.

It's not that he's bold or unpatriotic.

He knew all too well about the bottom line of the United States.

First of all, Russia and the United States recognize each other, that is to say, they are friends on the surface.

Secondly, the Free Rice Foundation that gave him money is also a legal institution registered in the territory.

Afraid of a JB?

Even if the lawsuit goes to the Supreme Court, he is justified, not to mention that as a smart person, he also knows a lot about the chaotic nature of the United States, and he is fishing in troubled waters at this time......

But what made him furious was that the other party's request later made him create a little chaos, and even throw a bomb or something.

That's.

KGB took the wrong medicine to make this request?

While the Foundation is a legal organization and is free to operate, it also means that all activities are closely monitored.

Both sides know this kind of thing, and in the game of great powers, most of the agents sent by each other are two-way transparent.

Usually the eyes are open and closed, and the net is closed when the real problem is big.

Therefore, whether it is the KGB or the GRU, there is intelligence and stealing information in the United States, and it is very large, and it is normal to conduct some communist thinking training camps, but it is nonsense to hold them responsible for a series of riots.

But the other side is full of Marxist-Leninist red flags, planting big words such as revolution all over the world.

Hansen smacked his touch and suddenly broke out in a cold sweat, Nima, this is TMD is the Fourth International!

He touched the back of his head, and it was quite complete for the time being.

But when he thought that the ancestor of the Fourth International had been injected with martial arts with an ice axe, how could he still dare to associate with him?

The Russians can tolerate the bourgeoisie, and it can even be said that the relationship is quite good, after all, the KGB has never organized an assassination of the dignitaries of the country......

Yes, to the Fourth International......

Ahem, Trotsky's holed skull still in the museum......

Speaking of which, this is also the usual method of disgusting people in capitalist society......

The "theory of permanent revolution" upheld by the Fourth International was strictly controlled in both the Warsaw Pact and the NATO camp, and it was basically in a state of striking at the outcrop.

But then again, Hansen agrees with the idea, after all, this kind of hot-blooded stupor is very attractive to young people.

This is also why, although the four knights have dispersed, after a period of repair, he has gathered more and more people under his command.

On the one hand, it is due to his personal charm, and on the other hand, the tone of the theory of permanent revolution is really flattering.

In any era, singing high notes will always attract enough fools.

This is especially true in the United States.

As a result, the student movement, which had been spontaneous, became a struggle of lines between the Second and Fourth Internationals.

The problem suddenly became serious.

It is well known that heresy is much more odious than heretics.

Hansen and the other two don't like each other, and even secretly stumble on each other, in short, except for not writing anonymous report letters to the FBI and IRS, they have done almost everything they need to do.

But this time, for the sake of the great cause, Hansen actually took the initiative to pull down his face and go to the other party to discuss the issue of joint action between the two sides.

After all, most of those who are willing to follow the ideas of the Second International come from well-off families and have a lot of money, and these people are not very receptive to radical movements, while parliamentary politics, which seems to be "civilized" and "rational" and full of high sense, happens to their appetite.

They don't have a good impression of Wall Street, and when they heard that they could find an opportunity to fuck the fuck, they were immediately full of interest.

This is a big deal, because it can be written into the annual work report, and with the annual work report, it is good to ask for subsidies and subsidies from the SPD system entrenched in Northern Europe.

In this way, Hansen temporarily co-opted another Allied force, increasing the speed and scope of his "Punish Wall Street" and "MAGA" slogans.

By the way, there's also the new "YOLO!"

With the exception of Alaska and the red-necked states of the South, they traveled all over the United States, and received warm welcomes from the local masses everywhere they went, including leaves, alcohol, and girls, and from this point of view, communism was first realized in the United States.

It's time for "MAGA" and "YOLO" to converge.

Only with the unified action of the people with theoretical beliefs can they be lethal!