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Chapter 736 [Interest Rate Cut]

Tuesday 6th 4th.

In the morning, Lu Ming was staying in his office, watching an interview video with a top official from the Federal Reserve.

[...Since the beginning of the year, we have believed that it is reasonable to keep interest rates unchanged. However, with the current uncertainty and sluggish inflation, we believe that it is necessary to emphasize that the Federal Reserve will closely monitor the future economic outlook and adopt appropriate credit to maintain expansion.

, keep employment strong and keep inflation close to the 2% target. Some members believe that more loose policies are now reasonable.]

In this video, Powell's remarks during the interview first appeared two hours after the U.S. stock market closed in the Western Hemisphere on June 3 last night.

That is, yesterday, June 3, the Federal Reserve announced an interest rate cut of 25 basis points, or 0.25%. At this point, the Federal Reserve's interest rate reduction window has officially opened.

Originally, the Federal Reserve's internal decision was to wait until around July to announce the first interest rate cut this year. However, at the end of May, the U.S. stock market experienced two major meltdowns. It was really unbearable. Market confidence collapsed too quickly. It would be too expensive to try to recover by then.

Bigger.

In the next week, the U.S. stock market continued its rebound for a week, closing in positive territory for five consecutive days. Every day it opened high and moved high and ended in positive territory.

Market confidence is back!

Now he's really back.

However, Big A's market trend this week is completely opposite. While U.S. stocks continue to rise, A shares have entered a correction for a week in a row, emerging from five consecutive negative days.

On Thursday, June 6, the market dropped to 2822 points, a new low.

Without comparison, there is no harm. Faced with the sharp rise in U.S. stocks this Friday, Big A was scolded by hundreds of millions of investors again.

The following Dragon Boat Festival was also very boring.

Many investors feel disappointed when they arrive before the Dragon Boat Festival because they still haven’t forgotten the noodles they had during last year’s Dragon Boat Festival.

Last year, June 19th was the first trading day after the Dragon Boat Festival. When Big A came back after the holiday, he was hit by a limit of 1,000 shares. The Dragon Boat Festival became the Dragon Boat Festival. So I was afraid, so I hurried out before the holiday to avoid the limelight.



The time comes to Monday, June 10th, the first working day after the holiday.

Tiansheng Capital Headquarters.

Lu Ming came to the company and just came out of his special elevator when he happened to meet Han Qiulin.

"Last night, the company received an invitation, to be precise, it was an invitation to you. At 21:00 tonight, a group of top financiers and bankers from around the world gathered together to hold a so-called 'Financial Alliance' meeting. Goldman Sachs

You sent an invitation to a video conference." Han Qiulin followed Lu Ming and gave a brief report.

"Financial alliance?" Lu Ming was slightly surprised, glanced at Han Qiulin and said, "Let's talk after we go in."

After entering the office, Lu Ming went straight to the sofa and sat down. He looked at Han Qiulin who was approaching and said, "Tell me what's going on."

After Han Qiulin sat down, she said in an orderly manner: "This evening's meeting is for the climate conference held in Chile in December this year. According to Goldman Sachs, international financiers and international bankers are increasingly concerned about global climate change.

The problem..."

"Hahaha..." Lu Ming suddenly couldn't help but laugh, and Han Qiulin was interrupted by his smile. Lu Ming's smile remained the same and he said lightly: "When I heard that those people claim that they are very concerned about the global climate,

question, I couldn’t help but laugh.”

Do financiers and bankers really care about climate change?

It’s so frustrating!

The correct thing is to say doctrine on the lips, but business in the heart.

Lu Ming smiled and said: "It's interesting. The protagonists of previous climate summits were senior political figures from various countries, meteorological experts, media, and of course the environmental protection girls from Ruidian. Now this group of international financiers and bankers

This year I’m going to go talk about the climate issue... haha~"

Gu Pang

After a while, Han Qiulin reorganized her language and said: "Tonight's meeting is sponsored by Mark Carney and Mike Bloomberg."

Hearing this, Lu Ming couldn't help but wonder: "Mark Carney?"

Han Qiulin immediately flipped through the folder she brought over and said immediately: "According to the information, Mark Carney is from Canada. He was one of the executives of Goldman Sachs in his early years. He worked for Goldman Sachs for 13 years, and then he arrived

He was the governor of the Bank of Canada, and now he is the governor of the Bank of England..."

Lu Ming nodded and said nothing.

After closing the information about Mark Carney, Han Qiulin looked at Lu Ming and said: "Judging from this person's resume, it can basically be understood that this is a banker trained by Goldman Sachs. He was sent to Canada Yangyang Bank and

Yingguo Yangyang Bank is their leader, and these two major Yangyang Banks are one of the most core Yangyang Banks in Western countries. From this, it can be seen that Goldman Sachs has a huge influence on the world's financial system."

Tiansheng Capital also has cooperation with Goldman Sachs, and it started very early.

Lu Ming said thoughtfully: "Mark Carney and Mike Bloomberg have raised this banner because they want to represent the entire financial system in the West towards the great project of dealing with global climate change."

Struggle?"

Needless to say, these two people are just figures pushed to the forefront.

The real core force must be the major financial groups in the West behind them and the big families behind them. There is no doubt about this.

Han Qiulin said: "According to the invitation letter sent by Goldman Sachs, one of the core topics of tonight's meeting is the alliance's commitment to achieve carbon neutrality from next year to the middle of this century and launch a $150 trillion future change fund commitment."

Lu Ming couldn't help being stunned when he heard this figure, and said: "150 trillion U.S. dollars? Oh, last year the global GDP was only 85 trillion U.S. dollars. The ambitions of these people are not ordinary."

It’s no wonder that Tiansheng Capital was invited.

Do these international bankers and financiers really care about the climate conference? Let’s assume with the greatest goodwill that they do and want to do something about climate change.

Well, Tiansheng Capital is now the largest asset management giant in Asia and one of the top twenty asset management giants in the world. If it is absent, things will be very difficult.

Because another key identity of Tiansheng Capital is that it also represents one of the top financial forces in the Greater China market, and its domestic influence is undoubted. Don’t you want to be carbon neutral? Don’t you want to be carbon neutral in the next thirty years?

Make an astronomical financial commitment of $150 trillion?

The absence of heavyweight players in the financial circle like Tiansheng Capital is really difficult!

Another one, if you don’t bring Tiansheng Capital into the group, he will secretly do the work for you, and everyone will be very panicked. After all, the current energy of Tiansheng Capital cannot be ignored anymore, so just bring him into the group and do it together.

Having to do this is also a helpless move.

What does $150 trillion mean?

It means 1.76 times the global GDP in 2018. Where does this money come from? This is a big question, and it is also an important discussion content at tonight's meeting.

Han Qiulin looked at Lu Ming and said, "There is no response from Goldman Sachs yet. Do you want to attend tonight's meeting?"

Lu Ming said without hesitation: "Participate, why don't you participate? It's okay to listen to what they have to say. You can go and deal with it. In addition, you can observe the video conference in the evening and take minutes."

"good!"

Han Qiulin immediately left the office to deal with the matter.

Others' lack of interest in this matter may be justified, but Tiansheng Capital has no reason, and the country has no reason.

You may have been opposed to carbon neutrality in the past, but now that the country has achieved industrialization, it has long been different. Carbon neutrality must be supported. Both the country and Tiansheng Capital must support carbon neutrality, that is

Let’s engage in new energy and clean energy.

In a series of clean energy fields such as photovoltaics, wind power, water conservancy, etc., China’s global market share is either the first in the world or among the top in the world. It would be really stupid not to support the carbon neutrality banner at this time.

!

There are many real benefits to pursuing carbon neutrality, and Tiansheng Capital has a broad presence in the field of new energy.




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