Reborn Wealth America

Anyone who pays attention to the American economy knows that Mr. President is particularly unreliable and has always regarded himself as the "top hero" of economic growth.

The unemployment rate fell because it was unreliable; U.S. stocks rose sharply because it was unreliable; and the economic growth rate was better than expected because it was unreliable.

And once there are any fluctuations in the economy, the Fed must be back.U.S. stocks plummeted because the Fed raised interest rates; corporate layoffs were due to the Fed's rate hike.

According to public statistics, since the new Fed Chairman Powell took office, Mr. President has "blasted" the Fed 8 times. He even said: "Every time we do something good, he (referring to Fed Chairman Powell) raises interest rates. It seems that raising interest rates makes him very happy."

Perhaps it is the unreliable intensive "shelling" that makes the Fed a little unbearable.

On the afternoon of November 8th, East Coast time, Powell delivered a speech at the luncheon of the Economic Club of New York, claiming that interest rates are "neutral at the moment"!

This sentence gives the market an understanding: The Fed is not ready to raise interest rates for the time being!

After all, the chairman of the Federal Reserve said that the current interest rate is neutral.Since it is neutral, it belongs to the middle stage.If he wants to raise interest rates, he will say that the current interest rates are low.If interest rates are to be cut, he will say that interest rates are too high.

Now talked about a neutral.

The market's reaction was immediately revealed.

After the media announced his speech on this short private occasion, it was less than two hours.U.S. stocks rose rapidly, the U.S. dollar index plummeted, U.S. bond prices rebounded, and yields fell.

In this short time.

It's just a few hours, the world's largest capital market.The market value of the U.S. stock market has risen by almost $3 trillion!

3 trillion dollars!

99.999% of countries in the world

GDP cannot reach this figure!

But a word from a Fed chairman.

There is such a power!Therefore, the chairman of the Federal Reserve is able to bear the glory of the world economic czar!

It is worth noting that, on October 3, nearly a month ago, Powell stated that “there may be a long way from neutral interest rates”.

In just two months, Powell changed his views on raising interest rates. Is this really caused by unreliable pressure?

If you really want to understand this way.

That can only be said to be ha ha.

United States East Coast Time.

It was about three o'clock in the afternoon.

Fed Chairman Powell ended his official business at the luncheon of the private economic club in New York.

He sat in a black Cadillac in an unusually low-key manner.

The car drove through the traffic in New York, and finally stopped in front of a townhouse facing Central Park in the Upper West Side of New York.

When it comes to Manhattan, New York, many people think of the bustling Wall Street, the beautiful Statue of Liberty, and the wealthy Fifth Avenue on the Upper East Side.

However, in the depths of the bustling city, there is another area with a strong humanistic atmosphere—the Upper West District.

Located on the bank of the most famous "Wall Street", the Upper West Side is an art mecca that New Yorkers are proud of.It is only separated from the Financial Street, but it shields the busy traffic.

To the east is the boulevard of Central Park, and to the west is the Riverside Park. There are succinctly decorated restaurants and cafes scattered around. People usually take a book and sit in the open-air cafe in the afternoon, or the Metropolitan Opera with its bright lights. A wonderful one-act ballet "Lilac Garden"...

People say that the Upper West Side has nothing to do with busyness, but with comfort.

Upper West Side and Upper East Side.

This is basically the most expensive area in Manhattan, New York.Unlike the Upper East Side, which is mainly commercial buildings and top-level high-end apartments, the Upper West Side is here.There are even more townhouses of four or five stories high and thirty or forty feet wide!

The English name of this type of luxury house is called townhouse, which, if translated into Chinese, probably means a townhouse.There are almost no real single-family villas in the Upper East Side and Upper West Side.This kind of look has a sense of history and is true. Many of them are old houses built in the last century or even the 19th century. There are not many independent villas in them.

This kind of old house is very expensive.And the closer to Central Park, the higher the price.This kind of house basically belongs to the kind of oldmoney family.

newmoney is on the east coast, and most people live in those penthouses!Only the real oldmoney will live in such a house.

The house Powell entered.

It is this kind of oldmoney that resembles China's fourth- and fifth-tier small cities in China. The first floor on the street is the storefront and the self-built houses live upstairs.

But of course it is more luxurious, the materials used are more exquisite, and the design is more exquisite.But in terms of style, the two are really similar!

"Welcome! Mr. Powell!" A middle-aged man greeted him with a smile and shook hands with the chairman of the Federal Reserve.

"Angel! Your house is so beautiful!" Jerome Powell praised, "Even in the Upper West Side or Upper East Side! Such a house is considered a work of art!"

The middle-aged man who was praised proudly introduced, "This is the House of Sefrosa! In the second half of the 19th century, around 1896! Our ancestor Andrew spent his life's assets! This land, and this house was built!"

"After more than 100 years! The House of Sefrossa has undergone three expansions and renovations! The closest time is the one in the last century. Menstruation is 1951 in the last century! We can say without humility that this house is a work of art and an antique. ! It symbolizes Sefrosa's 200 years of history from Europe!"

When self-reported.

Europeans and Americans tend to be very proud.The bloodline theory and bloodline theory here must be the most serious in the world!Even if it is a country with a stricter hierarchy, in terms of family inheritance, the big families in the European and American world actually don't take it seriously.

A European and American.

If she comes from a good background.Often when he reported his family, he would not be as proud and proud as Angel is now.

Jerome Powell nodded.

"That's right! Angel! By the way, is Mr. Adam at home?"

He asked with a polite smile.

"of course!"

One of the Fed’s administrators, Angel Sefrosa said with a smile, “Father is inside. He has prepared a bottle of 1911 red wine. This bottle of red wine was found in an old winery. As long as the label above is broken, I don’t know where it was produced! But it tastes really good. I only drank it twice! It was when he was happiest!"

"Haha! Then I must taste it!"

Talking and laughing.

The two entered this ancient building.

Leave Jerome Powell's driver and two polite bodyguards at the door.

In the stately single-family villa, the first floor is a welcoming hall in the style of a living room.There are retro leather sofas on both sides, as well as various ancient sculptures with strong humanistic atmosphere.

On both sides of the sofa.

There are two spiraling stairs, which lead to all six floors of the house.However, in the middle place, among such ancient single-family villas, there is also one that looks more retro, but uses various high-tech new elevators.

This kind of old New York house.

Most of them are equipped with elevators!For those noble oldmoneys, climbing stairs is good for the body.

But apparently climbing the stairs every day, it looks no different from those mud legs.Not worthy of the identity of these oldmoneys.

Jerome Powell was actually here for the first time. He looked at all aspects of the welcome hall on this floor.

The first feeling is... this kind of oldmoney family, as long as it is not corrupted midway.Basically, the background in all aspects, especially in antiques and artworks, is really amazing.

It was just the various items in the welcome hall on this floor, from his gaze.Almost all are antiques. He even saw Picasso and Van Gogh among several oil paintings hanging on the walls.

In the company of Angel.

Jerome Powell got on the elevator and went directly to the third floor.

Outside the elevator entrance on the third floor is a Chinese-style screen!Above are the ink paintings of flowers, birds, fishes and insects from Huaxia, and they are also very primitive, and they look like antiques.

Go around the screen.

The two came to a study room with an open door. Almost all three-meter-high closets were on both sides of the study room.

It was full of books.

And in the middle of the study, a majestic-looking, pale-haired old man was standing behind a desk with a smile, looking at Jerome Powell and Angel.

"Welcome! Mr. Powell!" The old man laughed and walked out to shake hands with Jerome Powell.

"Mr. Adam! Good afternoon!" Jerome Powell didn't dare to ask big, and smiled and shook hands with the old man.

Adam Sefrosa.

The contemporary head of the Sefrosa family in New York, the chairman of the board of directors of the Federal Reserve Bank of New York, and the first shareholder.

This identity, in the eyes of foreigners, is nothing.But from the eyes of Americans who pay a little attention to current affairs and news, the identity of the chairman of the board of directors of the Federal Reserve Bank of New York alone is amazing enough.

What is the Federal Reserve Bank of New York?

Ok……

It can be understood as one of the central banks of the United States, although there are as many as 12 such regional reserve banks in the entire Federation.

But the Federal Reserve Bank of New York is the largest among them, and it also has the responsibility of overseeing 11 other regional Federal Reserve Banks!

basically.

As long as you become the president of this bank!It will be a life member and vice chairman of the Federal Open Market Committee, which is responsible for setting interest rates.

in other words.

In fact, the power of the president of this bank is about the same as that of the president of the Central Bank of China!

Adam Sefrosa is not the president, but he is the chairman of the board of directors of the Federal Reserve Bank of New York and the largest shareholder!

Even if there are hundreds of shareholders in this bank!Even if his share is only a small 7%, but this share has given him enough control over the bank!

In front of such an identity.

Even a Fed chairman like Jerome Powell must maintain respect.After all, the position of the chairman of the Federal Reserve will change, but the two identities of the chairman of the board of directors and the largest shareholder of the Federal Reserve Bank of New York have been in the family of Sefrosa for more than 100 years!

After shaking hands.

Let's have some simple greetings, such as what you ate at noon, and how is the weather in New York today.

Then the two sides sat down amicably.

After sitting down.

Jerome Powell groaned for a moment, and decided to get started.He said directly: "Mr. Adam! May I ask why you invited me to be a guest this time?"

This is straightforward enough.

It is easy for the host to fail to answer the following in the case of China or the East Asian cultural circle where etiquette is important.

But here.

Although a bit vulgar and straightforward, this way of talking is still acceptable.

The old man smiled.

Talked to Jerome Powell.

Two hours later.

Angel Sefrosa sent Jerome Powell away with a smile.Before getting into that ordinary black Cadillac car, Jerome Powell waved at him friendly:

"See you tomorrow! Angel!"

"See you tomorrow! Mr. Powell!"

Angel responded.

Then he returned to his home.Came to the study on the third floor.

He saw his old father and looked up at the closet to the west, where there were piles of old books and scrolls.

But Angel knows.

My father was not reading those books, I was looking at a deep trace on a beam on the closet.

It was a trace of being hit by some kind of hard object.

I sighed in my heart.

Angel said respectfully, "Father. Powell is gone."

"Ok……"

The old man squeezed from his throat.

Angel stood silently for a while.Realizing that his father was still absent, he couldn't help saying:

"If you really miss him. You can bring him back! If I said, he shouldn't have let him go to the West Coast at all! What's good there? The weather is hot and there are a bunch of upstarts! I've been there. Three times, every time I can’t stand the heat! The food is unpalatable, and the food on the entire West Coast does not add up to that of a district in New York! No wonder we New Yorkers would say that there is a big rural area!"

"Ha ha……"

Angel's deliberate nagging made the old man smile and finally turned around.

"You go to work. I'm fine, I just miss Eve a little bit. How long has it been since I visited her last time? I don't remember clearly, my head is a little confused."

"Mum? The last time we went to see her was more than a month ago. Father, you are still young! That's really unreliable, only three years younger than you!"

"Ha ha……"

"Don't say so much! Angel, let's go see her again tomorrow!"

"Okay. Father."

Angel replied.But he hesitated for a while, and couldn't help but said, "Father, how about... let him come back?"