American Fortune Life

Chapter 1666: Too Damn Bullying the President!

On 8 March, today in history, a major event took place.

On 8 March 1909, the International Day of Labour Women was designated.

On March 8, 2009, there was nothing special about it, but the American people who saw the latest Los Angeles Times in the early morning were blinded by today's front page.

"When it Falls, It's the Best Time"!

Andy Smith, who was hailed as a financial genius of the new century, made specific remarks about the stock market, which made the entire United States see extraordinary things in this "stock review”.

“ The harder the plunge, the harder the copying. For equity investors, every time they plummet, firm investment information and overcoming fear seem to be a pair of twins that torment us forever... ”

This article is like a rock falling into a pond of dead water, splashing water flowers and shaking a layer of ripples.

It's just that even Andy, the figurine maker, can't predict whether the stones that fall into the dead water are meteorites or pebbles...

As one of the top three newspapers in the United States, The Los Angeles Times is selling huge amounts, and even though the paper is falling, the big newspaper is still a big newspaper.

The article was also reproduced in the morning news of major television stations, and economists were interviewed by telephone, and experts asked for their views in order to interpret the unusual article in Tohmatsu.

For a moment, on this morning of March 8, the calm was completely broken and the American people were hung up. After all, it was about money bags, economic recovery, and no one would think that Andy Smith, the famous super-richman, would be irresponsible.

No one thinks he's joking when they think of his legendary way up!

Of course, Andy Smith's content and opinions in this stone-inducing Todd City article are not meant to be, and there are many people laughing and ridiculing.

However, none of this can stop the enthusiasm of the media, and Andy Smith's stock ratings, with or without permission, are a carnival for their media and a guarantee of sales and viewership.

“ This journalist interviewed economists from top financial, corporate and academic institutions, most of whom believe that continued contraction in personal consumption spending, further sharp declines in real estate investment and declining exports will continue to exacerbate the economic situation in the United States in the first half of the year.

At the same time, however, economists predicted a recovery in the United States economy in the third quarter, arguing that the main drivers of the country's economic recovery in the second half of the year included significant declines in energy costs, tax cuts and easing of credit crunches.

However, significant setbacks in housing prices and high unemployment rates will continue to affect consumer sentiment... ”

I was woken up early in the morning by a phone call from the secretary, reading about Andy Smith in the paper, and Warren Buffett sitting in his pajamas in the study, his eyes gleaming bright, watching financial reports on TV, opening the Los Angeles Times again, and rereading it.

I have to say, this article by Andy Smith has a strange equivalence with his last year's I'm Buying American Stocks.

Last year he called on investors to “copy the bottom” of the U.S. stock market. But what embarrassed him was that the Dow Jones Industrial Index had dropped from more than 8,800 points then to more than 6,500 today.

Though he didn't regret it, looking back at Andy's article at this moment, Warren Buffett's inner heart actually created a kind of exclamation, hoping that the article would be published a few months later.

“Chet...”

What sounded so abruptly, he was still lamenting the lamentable Warren Buffett facial mutation, his expression burst into a rude mouth, he just thought yesterday that he had been interviewed on CBS TV for an hour, in which he said that he remained optimistic about the long-term economic prospects of the United States, but also that the United States economy had "fallen into a cliff, close to the worst situation he could imagine.

You gonna get hit in the face again?

Warren Buffett's old face reached out to grab the phone on his desk as soon as it was hot, but when his hand grabbed the phone, his eyebrows wrinkled and his eyes redirected to the article in the newspaper. Warren's heart was very twisted at the moment, but he didn't believe that Andy Smith would really 'buy America from the bottom’ at the moment, let alone that the stock would really bounce back because of Andy Smith's copy, unless God was really on that kid's side!

In the midst of Warren Buffett's tangle, a news link to yesterday's O'Guanhai stock market forecast was broadcast on television.

“ If you look at it in the long run, the market yield shows that buying stock now is a good option. ”

When he heard Augustine on TV, Warren Buffett, with his frowns tight, shook his head and retracted his hands on the phone, seemed to mock and mock himself and muttered, "How far is it? ”

The long term may be really long and long, exceeding expectations.

Warren Buffett is well aware that the current economic situation in the United States is not very optimistic, and that the financial crisis is still deepening in the wider environment, and the real economy is not at all affected by this.

The elusive reality of United States Treasury bonds, which have reached more than $1 trillion and are growing at an average rate of $3 billion a day, has led the United States to issue seven-year bonds on a monthly basis starting at the end of last month, the first since the termination of such bonds in the 1990s. Unemployment in all sectors of social life is even higher, and more and more people have lost or face the fact of losing their homes. More than 30% of Americans who were worry-free have turned their backs and had difficulty sleeping.

In such a realistic situation, would US shares suddenly end successive falls and rebound?

It's really small. I really thought Andy Smith was a god.

Andy Smith's transcript call, perhaps a joke in the eyes of many, wanted to wait until after the opening to see if he was ignorant and to see how much he had lost, after all, the god Buffett had admitted to it.

Anyone who wants to see a joke, naturally also believes in Andy Smith's underscore view, and is willing to take risks with him, especially those investors who followed him in buying gold, succeeding in hedging, and making a lot of money, are more confident in Andy Smith's predictions and are ready to go blind after the opening.

If you want to see a joke again, be prepared to go blind. As for Okinawa sitting at the White House breakfast table, look at the articles in the newspaper and be happy with Andy Smith's efficiency and honesty in taking 'money’, you also feel a bit of greed and shame for Andy!

“ Ha ha, I never heard a professional investor say that one of his investment strategies is to listen to the President... They may listen to economists or the United States Federal Reserve, but they will never listen to politicians. ”

Andy was a traitor in his heart, Augusto Kanhai, and he heard the news on TV, and he couldn't help but turn black... Cough, okay, it's red in the dark, some biting teeth watching a couple of invited economists and so-called Wall Street investment strategists on the TV screen laughing at him as America's most popular new president.

“So, gentlemen, what do you think of the transcript of Andy Smith's article? Is it true, as he said, that the stock market in the United States is now at an advanced stage and that there will be an immediate turnaround? ”

The host's question stopped the smiles on the faces of several experts who were laughing at the scene. After a moment of silence, he began to look around and put out all kinds of economic data, which was not to comment positively on Andy Smith's remarks.

“You bastards! ”

Audrey watched TV and laughed at him before. The so-called expert scholars who teased him about his words almost bled out when they met Andy Smith.

“What a bully to the President! ”