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Rebirth: My 80s Chapter 1028 Drama

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The next day.October 18th, Sunday.Abby Adams was in her family's estate, looking towards Wall Street and standing up from the sofa in the living room.Bang!Her knees suddenly went weak.Kneeling on a paisley-style Persian rug.The servants were left completely confused.I don’t know what illness this child has.Opposite the purple European-style sofa, on the mahogany TV cabinet, there is a 29-inch Samsung color TV, which is broadcasting the news at this moment.Baker, then U.S. Treasury Secretary, made a televised speech accusing the Bundesbank of raising interest rates.And threatened that if the Federal Republic of Germany does not lower interest rates, the United States will continue to sing pessimistic about the dollar, causing the dollar to depreciate further."pig!"Abby, who was only nineteen years old and had never learned a day of financial knowledge, looked at the guy on TV and said sarcastically.Put aside the information that the godlike man told her.Even she could see that the current situation in the financial market was very bad.At a time like this, you still have the audacity to say that you want to devalue the US dollar?Are they threatening the Federal Republic of Germany or American investors?Bailey's televised speech became the last straw that broke the camel's back for the U.S. stock market.Monday, October 19, 1987.In the early morning, the sky was covered with dark clouds, and the thick clouds seemed to be falling, suppressing the sky above New York City.The cold wind of indifference was blowing fiercely through Wall Street.clang! clang! clang……A rapid and dull bell rang.The New York Stock Exchange, located in the center of Wall Street, opened a new day of trading.Inside the trading hall, everyone stared nervously and anxiously at the several circular TV towers hanging from the roof."It fell, it fell...""This, this, this is too fast.""What are you still standing there for, damn it! Move now, close all positions, leave no one behind!"...There is a lot of noise in my ears.Within five minutes of the market opening, the Dow Jones Industrial Average dropped 67 points.An ominous atmosphere enveloped the entire trading hall.In a blink of an eye, selling orders surged.Before ordinary investors could realize what was happening, a steady stream of selling orders appeared in the market.Looking around, there was a red light on the curtain screen in the hall.There is not a single green wave in sight.Forty-five minutes after the market opened, there was a lack of buying activity in the market.The seller suddenly found that the opponent's orders were almost exhausted.Even if the selling price is lowered again and again, it is difficult to attract buyers to take over the goods.Due to a large number of sell orders piling up but few buyers, the 500 blue-chip stocks in the S&P index had not yet completed a single transaction.What's even more bizarre is that as of 10:30 a.m.Eleven of the thirty index stocks on the New York Stock Exchange have not yet displayed their opening prices.You should know that under normal circumstances, everything will be revealed within five minutes of opening at most.Because many stocks cannot be traded, the Dow Jones Index at this time is actually unable to truly reveal the market conditions.With more sell orders piling up, even the computer trading system finds it difficult to handle such a large-scale selling behavior in a short period of time.The entire market fell into a state of disorder.Panic continued to grow within the New York Stock Exchange and spread outward at a rapid pace.However, the disaster had just begun.As we all know, the stock market and the futures market drive each other.The stock market is in such a dire state.How can the futures market get any better?The decline in both stock prices and futures indices resulted in all long futures contracts going bankrupt.Large institutions with sophisticated means carried out a large number of short arbitrage transactions in the stock and futures markets, which also pushed the disaster into an irreversible abyss.By eleven o'clock, the Dow Jones Industrial Average was plummeting without any sign of resistance.As the stock market continues to lose ground, the foreign exchange market, bond market, and commodity market are also affected.The entire American financial market was in mourning.At the close of the morning market, there were still 1.2 million shares of trading operations that had not been completed in the DOT system.At noon that day, the restaurants around Wall Street experienced the coldest lunch session since they opened.All major investment banks took advantage of this time to hold emergency meetings.Have a meal?Does life matter?In a conference room inside the New York Stock Exchange.At the head of the huge oval mahogany conference table sat a middle-aged white man with a Mohawk hairstyle.This person is Van Erlin, the president of the New York Stock Exchange.He had ordered someone to clean up the conference room a quarter of an hour ago.He knew that soon, people would flock to him.In fact, the waiting time was shorter than Fan Erlin had imagined.The heads of Goldman Sachs, Merrill Lynch, JPMorgan Chase...all the top investment banks on Wall Street came in droves.Half an hour later.Snapped!The door to the conference room closed.There were constant sounds of quarreling coming from inside."What are you still thinking about? The market is unlikely to reverse when the market opens this afternoon. The possibility of an avalanche is 100%!"I suggest that in order to curb the worsening situation, the entire market should be closed immediately!"Hey!Fan Erlin looked at the person who was speaking in shock, as if saying: Are you serious?Then, he simply stood up from the first seat, stepped aside, made a gesture of invitation to the other party, and said:"You take this position. I will announce immediately that I will resign from my current position and you will take over.""..."Not only the person who made the suggestion, but also the one who was rebuked was so angry that he lost his temper.The financial giants present all had frowns on their faces, and none of them dared to make this decision.Wall Street's unrivaled position in the global financial market has taken hundreds of years to establish.Not playing by the rules and closing the market rashly.It will inevitably bring about a huge credibility crisis.Such consequences might be a hundred times more terrifying than this stock market crash."Come on."Fan Erlin glanced at everyone present and said bitterly.In the afternoon, U.S. stocks opened as usual.By two o'clock, the Dow Jones Industrial Average had fallen 250 points, and there were more than million stock orders on the market.The computer trading system is basically down.Mogens Marquis was a trader at the New York Stock Exchange. When the market closed at 4 p.m., his computer screen showed:Today, the Dow Jones Industrial Average fell 3.78 points.The trading volume is about 100 million shares."Fuck this shitty system!" he roared angrily.The world's top computer trading system is so stupid that it is inferior to his brain.In fact, the Dow Jones Index fell by 508.32 points that day.The trading volume was more than 600 million shares.Until the closing, due to the lag in computer system operation, about 28% of the trading instructions had not even been executed.Many small and medium-sized investors who did not have such well-informed channels were once delighted about selling their stocks.It wasn’t until two or three days later that they realized that those stock trading orders hadn’t even been posted…Of course, this is something.On Black Monday, the Dow Jones Industrial Average plummeted from 2246.72 points to 1738.47 points, a drop of 22.6%.Twice as high as October 28, 1929, which triggered the Great Depression.This set a record for the largest single-day drop in U.S. stocks.The wealth that evaporated is equivalent to France’s annual GDP.One eighth of the U.S. annual GDP.Fifty trillion U.S. dollars vanished in one day.The stocks of almost all major companies plummeted by about 30 percent:General Electric, for example, fell 33.1%.AT&T fell 29.5%.Coca-Cola fell 36.5%.Boeing fell 29.9%....Small companies are even worse off.Due to the influence of computer trading systems, news agencies reported the closing price of the stock market five and a half hours after the market closed.The New York Times wrote that evening:【Everything is out of control. This is the worst day in the history of Wall Street...】At the same time, at Jinding International Investment Company located in 40 Wall Street.Champagne sprayed everywhere.The air was filled with cheers.Li Jiankun specially prepared red envelopes. Zhang Gui held a corrugated box and distributed them one by one. All the staff members got one, including the cleaning lady."thank you boss."Marty is the company's tea waitress and a single mother raising three children. Because she needed money so much, she couldn't help but open the thick red envelope on the spot. When she saw that the face value of the stack of bills was "Franklin", sheI cried with joy.He bowed 270 degrees to Li Jiankun.Li Jiankun smiled and said, "The snacks I made yesterday were very delicious.""Oh, my sir, it is my greatest honor that you like it. I will prepare it every day from now on."Some people around were shouting that there would be oral service later.This small incident did not affect everyone's worship of Li Jiankun.The big boss predicted everything. If his trading data were disclosed, it would be no exaggeration to say that it would be enough to establish a new school of thought.Perfectly avoid all stock market rebounds and perfectly seize all the best opportunities.It's a god-like operation."I heard you were giving out red envelopes, but you didn't even ask me to help you with this?"Suddenly a strange voice was heard and everyone looked in the direction of the sound.A white girl wearing a red puffy skirt and two high ponytails, dressed as if for a holiday, came bouncing over with a bodyguard in black.The latter was carrying a brown Donkey brand leather bag.Abby didn't come here to grab the red envelopes.But to send.In her opinion, the staff of Jinding Company were the ones who helped her make a lot of money.Of course we can't treat them unfairly.The Adams family still has some respectability.Everyone was happy again.After handing out the red envelopes and receiving a lot of thanks, Abby looked around at everyone and asked, "So, who can tell me how much I made?""what?"Among the technical staff, except for the little hero and his wife, everyone else looked confused.Wu Yingxiong smiled and said, "Ah... Miss Abby, your investment was personally managed by Mr. Li.""what?"Abby looked at the red envelopes in everyone's hands, except Li Jiankun.Liu Jingyan smiled and said, "It's not possible to go back."Abby smiled bitterly, came to Li Jiankun, stood on tiptoe and whispered in his ear: "So you care about me so much.""..."Li Jiankun glanced at her and said, "Don't think too much. I just don't want to be scolded. My own things don't matter, but I feel pressured when I have other people's things in my hands."This is the truth.But Abby didn't listen. A hint of red appeared on her cold and pale face."So?" she repeated her question."Don't worry, it's not time yet."blind!Abby's eyes widened as she asked, "Will the stock market continue to fall?""Do you think."After thinking about it carefully, Abby was able to understand that such an avalanche would not improve immediately.I felt mixed emotions at the time. I was happy that I could earn more, but I was also worried about what would happen to the country and other people."I heard that some people were ready to jump off the building."Li Jiankun subconsciously glanced at the dazzling night view of New York outside the window and said quietly, "Who can I blame?"

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