After seeing off New York Mayor Michael Bloomberg, who looked constipated, felt that Andy, who had done something great for his hometown, left behind a pile of documents with his signatures, and rushed to Gaia Building (formerly Lehman Brothers Building) to hold a think tank meeting.

"This government has always believed that the bank privatization system is the right path...but the government will "fully supervise" the banking system at the center of the financial crisis."

On the LCD TV in the conference room, White House Press Secretary Robert Gibbs positively clarified the rumors about the "nationalization of banks" during the US stock trading session, which was also the White House's forced to do nothing.

Because after the opening of the US stock market, it continued to fall. What's more serious is that the Dow Jones Index components that ranked first in the decline include Citigroup falling to $1.95, a 22%, Bank of America fell to $3.79, a 3.6%, General Electric fell to $9.38, a 6.8%, and General Motors fell to $1.77, a 12%.

Five of the 30 Dow Jones Index's constituent stocks are currently priced below $10, which was incredible in the past. What made the market even more panic is that the so-called buying of large stocks can ensure investment safety is no longer tenable.

The White House’s remarks about wanting to maintain private ownership of the banking system have allowed bank stocks to recover lost ground and at least not fall again, but rumors of nationalization still dominate the market. Few investors are willing to continue holding bank stocks during the weekend.

After all, in fact, many large financial institutions in the United States have been nationalized to some extent, including Freddie Mac and Fannie Mac, which the government took over last year. In addition, the US Federal Deposit Insurance Corporation is currently closing several small banks and selling their assets, which is also a form of nationalization.

"Stephen, the takeover work of these seven banks is left to you. Complete it as soon as possible and digest it. Open on time next Monday and do not affect the flow of our customers' funds."

After watching the White House spokesperson's clarification, Andy waved his hands and soon someone turned off the TV and turned his eyes to Yingtai Bank ceo Stephen Nubby.

"I understand, boss, after the meeting, I will take people over to hand over them. One weekend is enough to complete the initial integration." Stephen Nubby, wearing black-framed glasses, showed a confident smile on her face.

Andy nodded with satisfaction, and I have to say that Stephen's ability is reproachable.

"We used our dedicated database to study the market bottom in the 1930s, and based on the analysis, the stock market will fall further.

We have warned our clients that we have not seen any signs of a real bottoming out of the stock market as we hope.

As hedge funds already account for one-third or more of all trading volume, technical trading rules have been modified so that they can bet on falling stocks more conveniently, market trends become more volatile and send out many false signals.

Research shows that the proportion of rising stocks has become smaller in recent weeks, indicating that investors have not yet ended their selling.”

Andy leaned lazily on the boss's chair, squinted his eyes slightly, touched his chin, and quietly listened to the market analysis obtained by the think tank through the comparison of big data and data models. Combined with his own in detail memories, he verified each other, which also made him increasingly believe in the big data analysis of the think tank.

If a person has no future, he will have immediate worries. As time goes by, Andy has increasingly chosen some of the financial memories in his mind as reference rather than as a guideline for firm belief. History may have amazing similarities, but the human factors can change at any time. Andy, who has reached this level now, has decided to try to enter the stage of "believing in books is worse than not having books". He must also enter this stage, because his reliance will completely disappear over time.

"Haha, in this 16-month bear market, the Dow Jones Index has accumulated a 47% decline, which is one of the largest declines in the Dow Jones Index in 113 years, second only to the stock market crash from 1929 to 1932. The Dow Jones Index fell almost 90% that year. However, I believe no one would think that this stock market will repeat a similar collapse disaster, right?" Andy smiled, and was wandering a sign pen in his hand, speaking in a teasing tone while looking around the conference room for a week.

After seeing everyone shook their heads slightly, Andy continued: "I don't believe there will be a collapse. Once our new president's economic stimulus plan begins to be implemented, I think the stock market will rebound soon."

"The real key point is whether the Ministry of Finance's plan to divest toxic assets from the bank's balance sheet can be launched. If it can be launched smoothly, US stocks will rebound strongly, if not..." Alvetre made his own analysis. Although he did not finish his words, everyone understands what it means.

Everyone present was well-informed. They learned that the White House and Wall Street were having conflicts, and they were almost breaking up. It was not because they had to wait for the US government's money to save their lives. Wall Street had already been bare-handedly confronting the Donkey Party and Ao Guanhai.

If the White House wants to issue a banking solution, it also needs support from Wall Street in order to sell the "toxic assets" that crush the financial system and complete the rescue of the financial industry.

"Don't worry, the banking industry's handling plan will be launched smoothly, but before that, take advantage of the downward trend and make some money, take March as the dividing point, clear all positions at that time, and wait for my next arrangement!" Andy made a decision.

“What about gold…”

"As news of the gloomy global economic outlook continues to spread, the foot basin's GDP fell by 3.3% in the fourth quarter of last year, the worst performance in 34 years. The newly released New York Fed manufacturing index in the United States fell to a record minus 34, which also indicates that the outlook for the US economy is not optimistic. Affected by this, investors' risk aversion sentiment has heated up, and they have poured into the gold market to seek preservation and appreciation, driving gold futures to rise sharply.

In addition, the economic stimulus plan signed by the president failed to boost the U.S. stock market. The gold futures price for delivery on the New York Mercantile Exchange rose by $25 per ounce on the 17th to close at $967, an increase of 2.7%, and a seven-month high of $975 in the session.

Driven by safe-haven buying, the New York Mercantile Exchange gold futures price continued to rise today, with contracts rising $10.7 per ounce in April, and now at $978, an increase of 1.1%.

Based on the minutes of the January meeting we received from the Federal Open Market Committee before the opening this morning, we concluded that the U.S. economy continued to deteriorate in January and it is expected that the recovery will not be possible until the second half of this year. To this end, driven by continued safe-haven buying, despite the weak performance of other commodity markets, gold futures prices will remain strong and approach the $1,000 mark."

"Paipa--"

Andy leaned on the boss's chair, put his whole right arm on the conference table, and his fingers gently tapped the conference table, making a crisp sound, the corners of his mouth slightly raised, and he muttered softly, "The 1,000 dollar mark..."

Everyone in the conference room had to look at the young boss with admiration and admiration, especially Budstone, who was personally invited by Andy, who was the most deeply touched. Whenever he recalled the cocktail party that changed his life experience that day, he would feel a lot of emotion. At that time, the young man who had just had a billionaire, now he has become the youngest super richest man in the world, worth tens of billions of dollars. If he had not participated in it and had seen it with his own eyes, he would have listened to it as a not-very-real legendary story with the outside world, but it might not have been so shocking.

"Everyone, I have a premonition that the gold price will rise all the way, and will continue to break the historical record of gold prices, constantly impact people's bottom line of gold prices, and will stage a good show that will go crazy to the end!"

Andy suddenly stopped and tapped the fingers of the table with a very rhythmic sense, raised his head slightly, and a mysterious smile appeared on his face.
Chapter completed!