1928: The Rise of Giants

The method Ye Luo used to stimulate the market was simple.

In this era where public opinion is relatively controllable, people have deep faith in the media and do not have many information channels, it is obviously easy to attract irrelevant or ready-to-move speculators by building public opinion.

He has only one goal, which is to attract as many high-priced and mid-priced stock companies as possible to enter the market and liberate their original shares.

By just shorting the stock market, what you earn is nothing more than the price difference, which is a lot of hard-earned money. No matter how much you earn, you can't shake the top status and make a real leap in your class.

But if you push these top companies into desperation by manipulating their stocks and then control their shares, that's another matter.

In his previous life in China, the most favored and protected enterprises in Yeluo's hometown were not well-known local enterprises, but those local enterprises that were closely related to the government and related to the place and the official group.

In other words, some of the companies to which these mid-price and high-price stocks belong affect the distribution of power in the White House and the mobility of the upper class. Whether they are profitable, huge in size, or beneficial to the country does not matter, but they must not collapse. Can't be controlled by people you don't trust!

This is the lifeblood of the country, the so-called foundation of the country!

What Ye Luo wants to move is these national capitals.

As soon as he returned to the headquarters of Hongxing United Group, he asked Huixin to ask someone to invite the top executives of a group of the most well-known local newspapers in New York, such as the New York Times, the New York Economic Journal and other major newspapers. None of them were left.

Now Mrs. Dewitbucket's reputation is in full swing. As long as she shows it outside, many people will come to flatter her.

The heir to the Dewitbukt family, the pregnant widow of her husband, etc. are just icing on the cake.

The more than 3800 million US dollars she holds in name is real.

Therefore, Huixin easily connected with the Rockefeller family, and together they negotiated the acquisition of an American movie ticket pre-sale company to form RKO.

It all became so smooth.

Speaking of the Rockefeller family, they are a real giant.

Compared with it, the Sassoon family that dominates Shanghai and the four major families with a wealth of more than 200 billion US dollars are all younger brothers.

The founder of the family, John D. Rockefeller, 90, is the epitome of the American spirit and a pioneer of the American oil industry.

In 1910, he was worth $10 billion!

At this time, Ye Luo, whose net worth has not exceeded 6000 million US dollars, is also a younger brother than the old man.

Of course, when the old man was his age, he still worked in a dry goods store in Cleveland, Ohio, earning $5 a week.

By the new century, the total assets of the Rockefeller family are said to have exceeded one trillion US dollars - according to the 2008 Forbes billionaire rankings, Warren Buffett, the world's richest man at the time, was worth US$460 billion.

While Huixin was socializing with these upper-class Americans, Ye Luo was also secretly spreading the news that the stock market would continue to be bullish. These words, revealed intentionally or unintentionally from Huixin's mouth, would convince these people.

Who made her just make tens of millions of dollars from the stock market?

After entertaining the reporters, Ye Luo made arrangements to invite many scholars and economists who were optimistic about the U.S. stock market. What these experts said was clear-cut. In this era without academic fraud, the power of academic circles is even more terrifying. Everything they said Almost all of them are regarded as creeds by ordinary people.

Ye Luo was once ridiculed by the academic community for predicting the collapse of the U.S. stock market. From a new star who predicted the rise of the stock market to a clown that everyone shouted at, no one is paying attention to this young man from China anymore.

The temporary popularity he brought was enough, but no one cared about his ideas afterwards. He just continued to use various academic documents to verify the correctness of the stock market's overheating and lead the public into a frenzy.

Of course, his classic paper on the rise of the U.S. stock market is still being read out and used as academic material in various ways, and it is regarded as a classic.

Because of this paper, he had a smooth dinner with academic authorities and didn't receive many looks.

Of course, no one knows whether these academics are interested in his talent or money. After learning the clan, there is a group of social celebrities.

These people's families have close ties with those big companies, and the news spreads from person to person, easily reaching the ears of those who Ye Luo hopes they can hear.

In the afternoon of that day, the New York Times issued a special economic edition, pointing out that the Dow Jones Industrial Index had climbed from the lowest point of 1921 in 66.24 to the current 363 points, a full six-fold increase.

This means that most of the stocks listed on the New York Stock Exchange have skyrocketed in the past eight years. Even a doubling is considered a small amount, and they can generally multiple several times.

If you invest in stocks early, your assets may double as well!

An investment of tens of thousands of dollars may turn into two to three hundred thousand dollars. This amount of money is enough for an ordinary family to live the kind of prosperous life that Hoover mentioned. This is also property that cannot be earned by working part-time.

Irving Fisher, a great economist at Yale University, plunged into the stock market after attending a celebrity banquet hosted by Hui Xin and Ye Luo, and finally made his "famous" remarks: "The stock price has reached a certain level. a lasting peak state.”

Top economists endorsed it, countless celebrities rushed to enter the stock market, and newspapers hyped it up. In conjunction with this terrifying bull market, it had an excellent effect that could affect the future pattern.

The final blow came from GM's President Sloan.

He got 5% of the shares from Ye Luo, so he held more than 34% of the shares and gained relative control over General Motors. In order to thank Ye Luo and at the same time identify with this bull market, he made public remarks, claiming that everyone We should be rich, the slums in the United States should disappear completely, and everyone should easily be able to afford a car produced by General Motors without having to worry about making a living.

And how to achieve this level of affluence?

Naturally, he spent money to buy General Motors shares whose unit price exceeded US$300.

Of course, if your family's funds are not enough to buy GM stocks, you can also choose some of the penny stock companies listed on Amax in which you participate. As for which penny stock companies GM has invested in, you can consult Hongxing United Group for details. The current number one securities investment company in New York will provide investors with comprehensive assistance.

The popularity brought by this wave of publicity far exceeded Ye Luo's imagination.

He still underestimated GM's influence in the United States.

After Sloan's remarks broke out, the most powerful group of speculators entrenched in the New York Stock Exchange began to buy shares of General Motors in large quantities. A new round of speculation spread wildly, and the stock price skyrocketed again.

At the opening of the next day, General Motors' stock price soared from US$301.2 to US$309.8. In the morning, it jumped to US$312.7. Looking at the increase, it is estimated that it will break through the US$320 mark by the closing in the afternoon!

The price of a stock rose by US$20 in one day, and the stock market frenzy was clearly out of control.

In other words, if you spend $3 to buy General Motors stock, you can earn nearly $2000 a day!

If you carefully calculate this rate of return, you will feel that the stock market is completely crazy.

At the same time, Hongxing United Group also received a large number of terrifying orders. Investors invested in the penny stocks recommended by Sloan, causing their prices to rise even more exaggeratedly.

Ye Luo saw that the unit price of a penny stock rose from 2 cents to 227 cents in just one day. If you spend money to invest and buy the lowest 100 shares, it means that you use 2 US dollars to earn a gross profit of 225 US dollars. Even after deducting the huge commission, there is still a profit of more than 150 US dollars.

Who are the customers who are only willing to spend $2 on penny stocks?

They are generally the lowest-level civilians in the United States, living in slums where there is no money. The food expenses for a day are about 15 cents, and the income is about the same, less than 10 US dollars a month.

Now, this penny stock has brought him more than a year's worth of income in one day.

"This is the best of times and the craziest of times."

Looking at the various information that Situ Feifei brought, Ye Luo felt emotional.

It was also the worst of times. (End of chapter)