The series of circuit breakers in the U.S. stock market during this period have basically exploded the circle of friends of all kinds of people who like melon this month, and the global capital markets have evaporated at least 15 trillion US dollars in just one month.
There is no doubt that the two key factors, or the direct triggers, of this round of stock market crash in the U.S. stock market are the Y epidemic situation and the oil price war. This is obvious, but secretly it is natural that the world's big short sellers are indispensable.
Adding fuel to the fire.
Assets all over the world are panicking because they don't know where and when the Y-corruption will end. They don't know where or when the oil war between Sater and Oros will end.
The Federal Reserve is almost at the end of its rope and is really “all-in”. The Fed is basically a stud!
Another interest rate cut to zero, another quantitative easing, and yesterday another financial crisis killer move.
The Federal Reserve announced yesterday the establishment of a commercial paper financing facility, CPFFF, to support the flow of credit to households and businesses. The commercial paper market directly provides funds for a wide range of economic activities, especially during the current period of tight liquidity.
But the market didn’t buy it and crashed again!
In the final analysis, there are still two key factors, one is the market sentiment and the other is the oil price.
These two factors exploded at the same time, leading to such a big crisis in the frothy U.S. stock market. There is also a debt crisis in North America this summer. If the batch of corporate bonds is not handled properly, it will pose a real threat. This is also what the market needs to be careful about. Simply put it directly
We responded in advance together.
Sentiment and oil prices are still two major factors that resonate with each other, and then they are reflected in the capital market. The result of their reaction together is a continuous meltdown.
As the number of infections skyrockets, people need to withdraw money for medical treatment. So many people crowding in to withdraw money at the same time is a threat to finance. The most feared thing is the occurrence of a run.
The U.S. dollar is in short supply, the U.S. dollar index is still rising sharply, and the liquidity crisis is self-evident.
Does the outbreak of infection require a shutdown of work and production? The problem is that there is an outbreak all over the world now. Once work and production are shut down, global demand for energy drops sharply, so oil prices plummet all the way.
The most important thing is that the big dog owners and Lao Maozi are still playing double yellow, seizing this opportunity to kill the half-empty shale oil in the United States.
Although this is a bit hurtful to the big dogs and old men, as long as the shale oil in the United States is killed, it will be fully restored soon. It can be seen that in addition to market factors, the game at the international level has further amplified the fluctuation of oil prices.
In addition, the epidemic has caused the global supply chain to break. Shortages of materials will appear immediately after the shutdown of production, followed by skyrocketing prices. This is something that can be expected.
Being subject to the pressure of rising prices will also lead to a large amount of cash out, further pushing up prices.
And large-scale cash out will trigger a debt crisis. No matter how big the bank is, no matter how good the stock market is, they will not be able to withstand it.
Because of this, the United States realized that no matter what, this terrible scene would definitely happen, so they had no choice but to send money directly to the people to avoid cashing out. However, soaring prices continued, which was inevitable.
…
The news of the fourth major circuit breaker in the United States within a month and the seventh major circuit breaker in history has once again hit the domestic Internet and major circles of friends. Recently, even people who do not trade in stocks and are not interested in the stock market are more or less aware of it.
The plummeting U.S. stock market.
I can't help it. I can't stand it. In recent days, the news is full of news about the US stock market. It's simply bombarded.
Since mid-to-late February, the U.S. stock market has been plummeting. Domestic netizens are tired of hearing the words "witness history."
As soon as this wave of circuit breaker came out, some domestic netizens immediately changed the old and American dialogue jokes that mocked the Soviet Union, and staged a wave of reincarnation.
"I heard that stocks have high returns, so Zhang San was ready to make a move, but he was afraid of the risks, so he looked for information from stock trading experts."
"Experts of stock trading: Come and buy U.S. stocks, wait for the appreciation, and you will make money if you buy them."
"Zhang San: What should I do if I fall?"
"Experts of stock trading: Don't worry, the U.S. stock market is in a bull market now and will not fall."
"Zhang San: What if it falls?"
"Experts of stock trading: Don't worry, even if it falls, the Federal Reserve will rescue the market."
"Zhang San: What if the Fed doesn't rescue the market?"
"Expert stock traders: Don't worry, it's impossible. The North American government will force the Federal Reserve to rescue the market."
"Zhang San: What if the old beauty collapses?"
"Expert stock trader: Lao Tie, you can see such good things for only a small amount of money. What's the point of dissatisfaction?"
…
On Thursday, March 19, A shares opened lower in both markets today.
It fluctuated and fell all the way after the opening, and the dive accelerated during the session. Today's drop is not an accident.
Around 11 o'clock, the Shanghai Stock Index fell by more than 3 percentage points during the day, reaching a low of 2646.80 points, setting a new low for the year.
At the same time, Tiansheng Holdings fell below the 120,000 yuan mark, and its stock price dropped to 119,562.52 yuan. The intraday decline expanded to -6.18%. The stock king has declined in this wave. Since the adjustment, which hit a new high of 158,443.86 yuan 10 trading days ago, the cumulative correction has been -
24.54%, from the initial "W" form double bottom to the "M" form double top.
…
Tiansheng Capital Headquarters.
Lu Ming recently returned his sights to the A-share market. When the two markets fell sharply, Lu Ming picked up his landline and called Han Qiulin.
“Disclose the dividend announcement!”
"OK."
Lu Ming hung up the phone and took a look at the A-share market. At present, the market has started to rebound after hitting a new low, and there are still funds for bargain hunting.
The announcement of this dividend resolution has already been drawn up and can be disclosed at any time.
After Lu Ming authorized it, the company immediately issued an announcement on the implementation of equity distribution in the first quarter of 2O2O, which was quickly pushed by major market software.
[The board of directors approved the equity distribution plan]
(1) Tiansheng Asset Management Co., Ltd. [hereinafter referred to as the "Company" or the "Company"] equity distribution plan for the first quarter of 2020 has been approved by the board of directors. The content of the plan is: based on the company's total share capital of 80 million shares.
, distributed a cash dividend of 148,750 yuan (tax included) to all shareholders for every 10 shares. No bonus shares were given, and no reserve funds were used to increase share capital. A total of 1.19 trillion yuan in cash dividends was distributed.
(2) The total share capital of the company has not changed from the disclosure of the equity distribution plan to its implementation.
(3) The equity distribution plan implemented this time is consistent with the equity distribution plan approved by the board of directors.
(4) The equity distribution plan implemented this time is within two months of the approval by the board of directors.
[Equity Registration Date and Equity Ex-rights and Dividend Date]
The equity registration date for this equity distribution is: April 1, 2020, and the ex-rights and ex-dividend date is: April 2, 2020.
【Equity Distribution Plan】
The company has entrusted CCDC Pengcheng Branch to distribute cash dividends to A-share shareholders, which will be directly transferred to their capital accounts through the shareholders' custody securities company (or other custody institution) on April 2, 2020.
【Company rate decision-making process】
On March 13, 2O2O, the 43rd meeting of the second board of directors of the company reviewed and approved the Proposal on Profit Distribution for the First Quarter of 2O2O by Tiansheng Asset Management Co., Ltd. with 12 votes in favor, 0 votes against, and 0 abstentions.
》.
…
As soon as the news came out, Tiansheng Holdings, which fell by more than 6 percentage points, rebounded. At the end of the market smash, the decline of the stock leader narrowed to -2%, while the A-share market also rebounded upward, and the decline of the Shanghai stock index also increased.
It narrowed to -1.62%, and the rise of the stock king can be said to have an immediate effect.
Unexpectedly, the "Uncle Party" news previously circulated on the Internet was not only true, but also greatly exceeded expectations. This time, the dividend was actually 1.19 trillion, which was 390 billion more than the previous "Uncle Party" news.
