Chapter 1042 No one wants to fight against the Fed
It took a few days to prepare.
Su Yehao mobilized several top talents from his team to help.
Among them are Feng Tiancai, who has a very high IQ, as well as financial analysts and traders who have worked in Merrill Lynch, Morgan Stanley and other companies.
The lead work was handed over to Zheng Yongwen.
Citing the need for surgery and a long-term recuperation due to physical discomfort, Zheng Yongwen has taken a temporary leave and handed over the work of the Hong Kong Stock Exchange to others.
The goal of this small team is very clear, which is to find a way to detonate the powder keg and harvest a fortune from short selling.
At the beginning, we only built a framework, but there was still a lot of work to prepare for later. Zheng Yongwen was worried that he would be too busy, so he temporarily put aside his work at the Hong Kong Stock Exchange and concentrated on handling the work here first. It was clear that he wanted to do something big.
As a financier.
Of course, the venue was arranged by Su Yehao. He arranged a whole floor of office building in Kai Tak Cyberport. The area of thousands of square meters is definitely enough.
When I took Zheng Yongwen and Feng Tiancai to visit the office.
Su Yehao found that when he looked out the floor-to-ceiling window, he could see his spaceship villa. The observation tower next to it was in the final stage and was scheduled to be officially lit up on January 1, 2008.
Facing the empty office in most places, Zheng Yongwen was quite satisfied and told him at this moment:
"I have collected some information and found that the total size of the entire U.S. residential mortgage loan market is approximately US$7 to US$8 trillion, of which approximately US$1.5 trillion belongs to subprime mortgages, accounting for almost 20% of the entire residential mortgage loan market.
About %. With the support of the Federal Reserve, it is too big to fail. This matter is more difficult than imagined."
Feng Tiancai also nodded and said:
"The Federal Reserve has provided support many times to provide special funds to institutions facing difficulties. Rather than focusing on the subprime bond market itself, I think inflation in the United States is more interesting. The Federal Reserve is caught in a dilemma, neither daring to make any significant changes."
Raising interest rates has detonated the market, but we must always pay attention to the impact of inflation on the economy. It depends on how they respond. There is no hope of taking action in the short term."
Su Yehao can't remember exactly when the financial tsunami caused by the subprime mortgage crisis happened. He only remembers that it was in 2008, and he later made a movie.
Without investigation, there is no right to speak. Su Yehao did not think that he would be smarter than Zheng Yongwen and Feng Tiancai on this kind of matter, so he only asked:
"If the manpower is enough now, just tell me if you need it. I have never eaten pork, and I have always seen pigs running away. If you want to short the United States, you need to wait for the right time, and you also need to find the right helper. Soros's
The Quantum Fund is of average size, and the old guy’s destructive power lies in his ability to call on international hot money to follow and attract others to cooperate in shaping the general trend.”
As a man who once had an arm-wrestle with Soros, he came out slightly better.
Zheng Yongwen smiled slightly, hiding his merit and fame, and said in a calm tone:
"It's too early to talk about that at the moment. We need to collect enough information first and find out the weak points that can be taken action from the clues. The manpower is indeed a bit short, but for this kind of thing, the main thing is not to have too many skills. You can help me arrange it.
There is an assistant in charge of liaison. I will ask the other party if there is any need, is that okay?"
"Of course it's no problem." Yu
Su Yehao folded his hands on his chest, and after receiving the reminder from the bodyguard to stay away from the window, he added: "Actually, I feel that if the current trend continues, unless we directly spend hundreds of billions of dollars to take over and eat those subprime junk bonds, even if we
If we do nothing, the economy may still collapse. My idea is to detonate this mine before the United States is ready and try to disrupt the Fed's pace."
Feng Tiancai said decisively:
"No one wants to go against the Fed. Even if Wall Street joins forces, it will be difficult to change the Fed's decision."
Zheng Yongwen also said:
"The Federal Reserve failed to successfully raise interest rates this time, but it collapsed its own domestic subprime loan market. The high interest rates brought about by the interest rate hikes caused heavy losses to home buyers. House prices plummeted, and many gave up repaying their mortgages, which triggered a subprime mortgage crisis.
The trigger of the crisis.”
“Beginning in September, the Federal Reserve announced another interest rate cut, and the market fell into panic. After all, if the subprime mortgage problem was not too serious, how could it have started to release water before inflation control was in place, causing a major blow to market confidence?
.”
"In my opinion, a soft landing is almost impossible. The only way to alleviate the current problem is to restart the money printing press, and releasing water will aggravate inflation and trigger an economic recession. From this point of view, there is indeed hope that it will collapse naturally.
, we just need to provide some guidance and push it to the edge of the cliff step by step..." Yu
Although he could understand every sentence, Su Yehao gave Su Yehao a slight headache when put together.
As the world's largest economy, the United States cannot be easily manipulated like some fragile markets.
For example, the economy of the casino city, as long as Su Yehao is willing, can even double or triple the GDP of that year. However, given its size, from a global perspective, it will have almost no impact.
Su Yehao has not yet become so arrogant that he feels that he has the strength to compete with the Federal Reserve. He has no objection to Zheng Yongwen's statement that he can only guide, and quite agrees with it, saying:
"Brother Yong, you have some weight in the financial world. When the time comes, you will try your best to make false claims. When necessary, I will stand up and express my position and try my best to find ways to delay. Anyway, some people in Washington have been unhappy with me for a long time, and they will still associate me with
The North got involved and tried to suppress me and force me to sell my shares in Kaomoji, Google, ASML, Apple Smart and other companies, which made users disgusted with me. Now that they are busy taking care of themselves, they don’t have the energy to suppress me. If I fight for a few more
With years of development, my power will be more stable than it is now."
Feng Tiancai wasn't quite sure what Su Yehao was really thinking. He thought what he heard at this moment was the truth, so he touched his chin and replied:
"That's true. As long as you, boss, are strong enough, they should make some concessions in order to shut you up. If you, boss, speak out in person, your influence may be no less than the Fed raising interest rates by 25 basis points."
褙
After hearing his words, Zheng Yongwen joked:
"It may also be equivalent to a fifty basis point increase in interest rates. Based on past experience, the business that Xiao Su always targets is almost 100% correct. Who is not afraid of it? The reason why the market is still holding on is because people believe that the United States will take care of it."
With the subprime mortgage problem, what we really need to do is to destroy this confidence."
We are all our own people. Su Yehao was too lazy to be humble and boasted about himself:
"It's a pity that we can't use some dirty tricks, such as increasing the push of negative news through the Internet. This is equivalent to handing a knife to others and taking the opportunity to suppress me. Otherwise, my influence will be even more powerful...