Rebirth 79: I opened a bank in the United States

Chapter 953 "Harmony" Market
Leisure weekend time, the feeling is always fleeting!
Although this weekend, Carter is not having a good time!

There are too many short positions, so Carter is always worried that he can't wait for higher returns!

If you wait any longer, I'm afraid that at the moment of the crash, you won't be able to clear your positions.After all, once the panic formed, no one would dare to own their own stocks!
"Mr. Edson, please list 43 Levisto shares for sale at a price of $[-] per share!"

"28, yes! For $28, [-] shares will be listed first! There are more."

The sound of the phone resounded throughout Vision Capital
In the huge flat floor, Carter arranged more than 60 telephones in one go.At the same time, more than 60 traders who were responsible for connecting various institutions, each with a phone, began to follow Carter's instructions and send listing orders to brokers.
On this day, Carter sold a total of $14 billion worth of stock!

Carter, who is scattered on the Midwest Stock Exchange, New York Stock Exchange, American Stock Exchange, Pacific Stock Exchange and many other exchanges, wants to make his movements as small as possible!
However, the fiery market cannot bring Carter timely feedback.

The sale of these stocks was very smooth, as if the market was full of catchers!It seems that there are countless people who believe that the stock price will continue to rise
On Tuesday, Carter stepped up the action a bit, selling $16 billion in stock.There is also no sign of slowing down in transaction speed.
At this time, the time has come to August 1987, 8!
The Dow Jones Industrial Average and the S&P 500 Index are still on an upward trend.
At the same time, a new piece of news came from Washington: Volker has stepped down!

In more official terms, Volcker resigned voluntarily!The venerable Chairman Paul Volcker is very old, and he has reached the age where he should enjoy his old age!Following its personal wishes, the federal government bid farewell to Chairman Volcker with great regret and reluctance, and wished him a bright future.
You can get in touch with what you have communicated with Bush before, and then think about Chairman Volcker's successor.
Alan Greenspan was appointed as the new chairman of the Federal Reserve from his position on the President's Foreign Intelligence Advisory Council
Celebrities be celebrities!
Carter has heard of this man's name. As the longest-lived chairman in the history of the Federal Reserve, this man's popularity is much higher than Volcker's!

But here comes the problem. This person is not from the Federal Reserve System!Putting aside all the future and looking only at the present, his appointment is full of irrationality:
You know, before this, all the Fed chairmen came from the Federal Reserve System.Just like Volcker, who once served as the president of the Federal Savings Bank of New York!As mentioned earlier, the president of the Federal Reserve Bank has another name, the chairman of the Federal Reserve Bank!
Still take Volcker as an example. As the president of the Federal Reserve Bank of New York, he was also in charge of a large area including New York State, 12 counties in northern New Jersey, Fairfield County in Connecticut, Puerto Rico, and the U.S. Virgin Islands. Chairman of the Second Federal Reserve!

Being promoted to the chairman of the Federal Reserve is nothing more than a larger area of ​​management. In essence, the work is already very skilled!Great experience too!

And Greenspan. This guy has no work experience at the Federal Reserve Bank at all!Not even a small clerk!

Combining this information, Carter has every reason to believe that Volcker's resignation is somewhat involuntary!

This thing has a criminal record!

Think about Donald Reagan, the former Secretary of the Treasury with a professional background, and James Baker, who is not a professional.

In the same way, the same non-professional Federal Reserve Chairman nominated by President Reagan, what kind of expectations the White House has for him now, this... is almost written on his face to make him ready to wipe his ass!

Thinking about it further, from the end of June when I issued a warning, to now in mid-August, the chairman of the Federal Reserve has changed.There is still communication, selection of people, and process
Would this be too efficient, would it be too fast? !

Sitting in his office, through the large transparent windows, Carter gazed at the hustle and bustle of traders on the flat floor.
The fact that the new chairman was appointed so quickly and efficiently speaks volumes.
The time for the bubble to burst is almost here!
"Zai Rong, go out and call Dr. Gaushal over here! We need to move faster"

"Now there are only two hours left before the market closes. Are we going to increase it now?"

Goshal, who was highly nervous, spoke even faster at this time!

For a while, Carter almost couldn't hear what he was saying.
Fortunately, there is a Korean who speaks faster beside me.After Li Zairong's recitation, Carter nodded and said:

"Another $[-] million in stocks, I don't want to be in such a hurry. But I just received a call from Washington that the chairman of the Federal Reserve has changed! Tomorrow, the news will be announced."

"The signal is very bad, I don't know what will happen tomorrow."

Even with an additional 34 million US dollars, a total of [-] billion US dollars worth of stocks were sold.The money hasn't arrived yet, and the announcement of the Fed chairman's replacement is about to be announced
In case, this signal caused the stock market to crash and the bubble exploded.
Then it's over for me!

Huge amount of short positions, even if you stop here, not to mention too many, at least one ROG will definitely have to be lost!

"If it's not that the market can't digest it, I can't wait to clear all the positions now. Forget it, it's meaningless to say this. Hurry up, let's discuss the specific distribution issue now, how much the NYSE will pay."

Amid Carter's tossing and turning, Wednesday arrives!

Today, the mutation is evident.
At the opening of the market, the trading volume rose sharply. Carter was not sure whether it was affected by the change of the chairman of the Federal Reserve, or whether it was a chain reaction caused by his actions in the previous two days.
But Carter clearly knew that today, Jim Rogers also started to open short positions!In other words, start selling stocks!
It was also from this day that short sellers began to exit the market one after another.
No, it should be said that the big shorts are out!
More and more sales orders, coupled with the commentators on TV in Carter's office, "Obviously, the appointment of the new Fed chairman heralds the arrival of a new economic era!" "We are grateful to Chairman Volcker for resisting Inflation’s contribution, but we cannot ignore his inadequacy in economic decision-making as the chairman of the Federal Reserve. In terms of economic recovery, we look forward to Greenspan’s actions!”
Along with the Fed's press conference, the announcement of the Fed's chairman replacement appeared in the ears of the public at the same time.
It was not what Carter was worried about at all, and panic spread.Instead, the voices of singing are everywhere!
funny!weird!

This funny and grotesque scene, you can figure out with your fucking ass, what are these people doing? !

The federal government needs to maintain market confidence, and it must be bragging when it's time to brag. Although getting Greenspan up is just to wipe your ass, but you can't deliberately eat crotons to make yourself dick for the sake of wiping your ass, right? !

It is better not to flee, but not to flee!

The rest of the speculators, the big shorts, also need time and space to clear their stocks.
For a time, the discussion on the stock market in the entire United States was peaceful, positive, and full of confidence.
It seems that everyone is telling you: "Buy stocks! If you buy stocks, you can just lie down and make money!"

(End of this chapter)