Chapter 1042 No one wants to fight against the Fed
It took a few days to prepare.
Su Yehao drew several top talents from his team to help.
These include Feng Tiancai, who has a very high IQ, and financial analysts and traders who have worked in Merrill Lynch, Morgan Stanley and other companies.
The leading work is left to Zheng Yongwen.
Because of the reason why he needed surgery and had a long rest for a while, Zheng Yongwen had temporarily asked for leave and handed over the work of the Hong Kong Stock Exchange to someone else's agent.
The goal of this small team is very clear, just to find a way to ignite a powder keg and short to reap a fortune.
Initially, only a framework was built, and there was still a lot of work to be prepared for. Zheng Yongwen was worried that he would not be able to be busy, so he temporarily put down the work of the Hong Kong Stock Exchange and focused on dealing with the work here first, which obviously wanted to do a big vote.
As a funder.
Of course, the venue was arranged by Su Yehao. He arranged a whole floor of office building at Kaide Cyberport, and the area of thousands of square meters is definitely enough.
I took Zheng Yongwen and Feng Tiancai to visit the office.
Su Yehao found that looking out the floor-to-ceiling window, he could see his spaceship villa. The sightseeing tower next to it was in the final stage and it was planned to officially light on January 1, 2008.
Facing the offices that seem empty in most places, Zheng Yongwen is quite satisfied and told him at this moment:
"I have collected some information. The total size of the entire housing mortgage market in the United States is about 7 to 8 trillion US dollars, of which about 15 trillion US dollars are subprime mortgage loans, accounting for about 20% of the entire housing mortgage loan market. With the support of the Federal Reserve, it is not too big to fail. This is more difficult than imagined."
Feng Tiancai also nodded and said:
"The Federal Reserve has repeatedly released money to support institutions facing difficulties to provide special funds. Compared to focusing on the subprime loan bond market itself, I think inflation in the United States is more interesting. The Federal Reserve is in a dilemma. It is not daring to raise interest rates sharply to detonate the market, but also always pay attention to the impact of inflation on the economy. It depends on how they deal with it. There is still 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 occurred. He only remembered that it was in 2008 and later made a movie.
Without investigation, there is no right to speak. Su Yehao didn't think he would be smarter than Zheng Yongwen and Feng Tiancai in this kind of thing, so he just asked:
"Now, do you have enough staff? Tell me directly if you need it. I have never eaten pork. I have always seen pig runs. If you want to short the United States, you need to wait for a suitable opportunity. In addition, you also need to find a suitable helper. Soros's quantum fund is average. The destructive power of that old guy lies in being able to call on international hot money to follow and attract others to cooperate to shape the general trend."
As a man who has been a little better than Soros.
Zheng Yongwen smiled slightly, hid his merits and fame, and said calmly:
"It's too early to talk about those things for now. You need to collect enough information first to find out the weaknesses that can be used from clues. There is indeed a little bit of staff, but for such things, it's mainly because you don't have much energy. Please arrange an assistant responsible for contact. I will ask the other party if you need it. Is it okay?"
"Of course it's OK."
Su Yehao wrapped his hands in his chest and received a reminder from the bodyguard to stay away from the window, adding: "Actually, I feel that if the current trend continues, unless I directly take out hundreds of billions of dollars to take over the subprime mortgage junk debt, even if we do nothing, the economy may collapse. My idea is to use the United States to detonate this thunder and try to disrupt the pace of the Federal Reserve."
Feng Tiancai said decisively:
"No one wants to fight against the Fed. Even if Wall Street unites, it will be difficult to change the Fed's decision."
Zheng Yongwen also said:
"The Federal Reserve failed to successfully harvest this round of interest rate hikes, but it collapsed its domestic subprime loan market. The high interest rate brought by interest rate hikes caused heavy losses to home buyers, and housing prices plummeted, and they gave up repaying mortgages, which became the fuse that triggered the subprime mortgage crisis."
"Since September, the Federal Reserve announced a rate cut, and the market was in panic. After all, if the subprime mortgage problem was not too serious, how could it be that it would start to release the money before inflation regulation was in place, resulting in a major blow to market confidence."
"In my opinion, soft landing is almost impossible. If you want to alleviate the current problem, you can only restart the money printing machine. Release water will aggravate inflation and trigger an economic recession. From this point of view, there is indeed hope that it will collapse naturally. We only need to provide some guidance and push it to the edge of the cliff step by step..."
It is obvious that you can understand every sentence, but it makes Su Yehao a little trouble.
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, it can even double or triple the GDP of that year. However, the size is there, from a global perspective, and it has almost no impact.
Su Yehao has not yet grown up to the point where 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. He agrees with it very much and says:
"Brother Yong, you have some weight in the financial industry. Then you will try your best to sing for a moment. If necessary, I will stand up and try to find a way to hold back. Anyway, some people in Washington have been unhappy about me for a long time, and have also linked me with North Band, trying to suppress and force me to sell shares of Yanwenzi, Google, ASML, Apple Intelligence and other companies, making users disgusted with me. Now they are unable to take care of themselves and have no energy to suppress me. If I try to gain more development opportunities, my power will be more stable than now."
Feng Tiancai was not very clear about Su Yehao's true thoughts, and thought that what he heard at this moment was the truth. He touched his chin and replied:
"It's true. As long as the boss you act strong enough, they should make some concessions to shut up. If the boss you personally sing bad things, the influence may be no less than the Fed's interest rate hike by twenty-five basis points."
After hearing his words, Zheng Yongwen joked:
"It may also be equivalent to 50 basis points in interest rate hikes. With past experience, Mr. Xiao Su's business is almost 100% correct, and no one is afraid of it? The reason why the market is still supporting it is because people believe that the United States will solve the subprime mortgage problem. What we really need to do is to destroy this confidence."
They are all their own people, Su Yehao is too lazy to be modest and boasts about himself:
"It's a pity that I can't use some secret tricks, such as increasing the push of negative news through the Internet. This is equivalent to handing the knife to someone else's hands and taking the opportunity to suppress me. Otherwise, my influence would be a little more powerful..."
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Chapter completed!