American Fortune Life
Chapter 1674: The Improper Protagonist is the Dragon Set.
There are a lot of people in this world, but there are only two kinds of people at the end of the day, one with someone else, the other with someone else.
In other words, not being the protagonist, is the dragon set.
“U.S. banks no longer need more federal funding and are expected to achieve pre-tax profits of nearly $50 billion in 2009, with operating revenues of $100 billion. ”
“This shows a turning point in the cattle market. At least, we're in a rebound in Bear City, and the rebound is bound to last for a while. So now is not the time to sell short. ”
“We can't still stand in a sad atmosphere. It's time to look at something positive. ”
“There is no clear reason for a rebound in the stock market, and if this trade continues, it is an absolute sign that the stock market will face another round of setbacks. ”
“The Fed, Treasury and other national and regional central banks have hit hard, but the impact has been negligible, people have lost confidence and uncertainty has increased dramatically..."
On March 10, the day after the strong rebound, Andy couldn't help but smile and shook his head at what was reported in the main newspapers in the United States this morning.
The hyperbole, the hypocrites and the hypocrites began to quarrel, as he imagined.
Especially when Andy saw an interview about the stock god Buffett once again making a bottom-up brawl, pushing the U.S. back to the bottom, and the stock market turning around.
“America may have plenty of opportunities next.” Despite having been hit hard by the current financial crisis, Buffett, the “stock god", boasted that it was time to copy the United States.
At this point, Buffett stood up and made a ridiculous excerpt. After all, Andy Smith, who had become a ‘new hero', was the rebound horn blown by himself yesterday, was it a stretch, or a horse cannon?
Andy was not interested in the idea of how the outside world defamed Warren Buffett, but rather was very pleased with it.
Yesterday's strong rebound really does not mean that today's strong rise will continue, but rather that today's rise and fall in U.S. equities has become a key node in whether or not it is a turning point.
The influence of the stock god Warren Buffett is unquestionable, and while his reputation has been affected by previous‘ bottom-up ’failures, the industry position and influence that he has been bragging about for decades is really not a substitute for Andy overnight.
Although today there is less economic data and company information in the major media that can influence the market, global stock markets are also booming, spurred by the surge in U.S. shares yesterday. In the Asia-Pacific region, equities in the European region have also received successive rebounds, and some have emerged from the largest one-week increase since the end of November last year.
However, the second day after the rebound was the focus of the world's attention when the US market opened near dawn, and the biggest concern for all investors was whether the big market could continue the previous trading day's upturn.
Is the U.S. economy really recovering?
Or is this just a bear market trap?
The day of 10 March received even more attention than yesterday's strong rebound. Andy also knows that only a continuous rise in U.S. equities can trigger the sheep effect, and you know, investors around the world like to chase up and down.
“Honey, the stock market bounced back, but the gold fell by $900. ”
Ivana walked into the study with two cups of coffee, placing one of them on the desk in front of Andy, the other on one side, and then sitting next to Andy in the other boss's chair, a soft reminder.
“Nothing, don't worry about the gold.” Andy turned to look at Ivana, smiled slightly, reached up and grabbed her hand and kissed her on the back of her hand, continuing to explain: “Rest assured, the strong rebound in the stock market is the main cause of the fall in gold futures.
In recent times, the hedging characteristics of gold futures have become evident, with weaker correlation with the US dollar exchange rate trend and more correlated with stock market appreciation and decline. The upswing in the stock market attracted part of the capital to withdraw from the gold futures market.
As soon as quantitative easing comes out, the dollar that keeps rising will fall, and gold will come out of a beautiful curve. ”
When I heard Andy's explanation, Ivana's eyes lit up slightly, and she smiled sweetly, and looked at the financial briefings on the computer monitor, she asked with some hesitation, "Honey, do you think today's stock market will keep the strong rebound yesterday? ”
“It is hard to say that the key is the energy sector, which is not a one-and-a-half star drag on the big market. If the banking finance unit is not strong, it may move narrowly, and if it is not strong enough to dispel market doubts, it is likely to stop rising and falling...
Honestly, I'm not so sure right now. The pessimism that prevails today can only be seen in Washington. I'm sure the Optimus Ocean will not let go of this opportunity. Polls show that his support rate has been close to 8 percent since he took office for more than 50 days. I'm sure he's more anxious! ”
Andy also said with a little seriousness that, knowing his own business, he threw more than $10 billion yesterday, and a third of it was spent buying back Qualcomm, Starbucks and Gaels' shares of clothing, and a third on Wal-Mart and Amazon, and only a third of the money really went to most publicly traded companies.
And this includes companies like Delicious, IBM, Google, Apple, he's talking about spending 10 billion tokens, he's not really a fool to buy, he's just buying flags and Goldman Sachs shares, and he hasn't even touched any other bank shares.
At 9: 30, in anticipation of the crowd's attention, US shares opened, and most people were happy that the Dow Jones index rose all the way up to the 7000 mark, driven by Citigroup and Bank of America, MG Chase and other banking units.
In addition, HP and Apple share prices have driven strong growth in technology. However, the energy and health sectors underperformed, dragging on the upswing.
In any case, if the rebound momentum of yesterday is continued, then a large proportion of investors' enthusiasm will be mobilized to allow more money to flow back into the stock market.
“Come on, honey, that's it for now. You should go rest too. Sit down for too long.” Andy looked at the rising stock fingers, the green and red and the little, and let go of his heart a little, which was what he said to Ivana, who had been sitting beside him, softly with him.
She did get bigger and bigger, and a little uncomfortable sitting Ivana nodded with a smile and said softly: "Then get busy. I'll go monitor the movement of the fetus. ”
Andy's eyes lit up and hurried up to help Ivana up and said, "I'll stay with you. ”
“Oh, no, you go ahead and watch the baby kick me when it's monitored at night.” Ivana smiled happily and said, a pair of beautiful eyes smiling like moon teeth.
“Well, then be careful...”
Andy held Ivana out of the study, and the lady nurse on the sofa in the hallway saw Ivana come out, hurriedly stood up and held Ivana forward.
“All right, you go in.” Ivana waved Andy back to the study, and she herself slowly walked down the stairs, helped by female caregivers.
Andy watched Ivana go downstairs before turning back to the study, closing the door, going back to the desk, looking at the time, and turning on the video link.