"I think instead of analyzing the impact of Paul Volker's interest rate hike policy on the stock market, it is better to wait for the election results released in November.

It would be fine if Carter could be re-elected. If Republicans enter the White House, then Washington's policy will usher in another round of great changes. Large-scale tax cuts should be a high probability, and this is the best way to stimulate the economy!" Zhou Yang said casually.

Paul Volker was appointed chairman of the Federal Reserve last year by President Carter, a legend in the history of the Federal Reserve, has stepped onto the stage of history and started his own great performance.

However, after the continuous destruction of the Vietnam War and the oil crisis, the US economy is now seriously ill. As the saying goes, severe illness must be treated with fierce medicine. In order to suppress the rising inflation, Paul Volker began a crazy interest rate hike operation after taking office as chairman of the Federal Reserve.

The discount rate in the United States doubled from 10% at the beginning of his tenure, reaching an astonishing 20%. The Dow Jones Index fell, rapidly falling from a high of 904 points in early February to 760 points at the end of March, a drop of up to 16% in a month and a half.

Since April, the judgment that the US economy has entered a recession period has become a consensus on Wall Street. Everyone’s differences lie in the extent of the recession and the continuous cycle.

Dr. Nelson just now believed that this was a moderate recession, and after controlling inflation, it would quickly rebound. He optimistically predicted the fastest rebound time, which may come in the fourth quarter of this year.

Well, stockbrokers are really brave enough to say it! It seems that China and the United States reached a consensus on this point forty years in advance.

"Listen to your tone, you seem to be more optimistic about the Republican Party?" Hill's real name is Naoki Nakagawa, but he also realized that Zhou Yang is not an RB person, so he did not mention his RB name again.

"I'm not optimistic about the Republican Party, but Carter really can't find a reason to give up American voters and continue to support him. Inflation soared, unemployment rate soared, stock markets plummeted, and there was obviously something wrong with the US economy.

The Miami riots a few days ago showed that the Democratic Party’s proud support for the equal rights action of vulnerable groups such as African and Hispanic groups was just empty talk.

In addition to internal affairs, the current government's diplomacy is also extremely bad. The American hostages kidnapped by Iran have been imprisoned for almost half a year. However, his military rescue operation was defeated last month." Zhou Yang complained sharply.

"Haha, I, a Democratic supporter, have almost been convinced by you. But the Democratic Party may launch other presidential candidates, such as Senator Edward of the Kennedy family." Naoki Nakagawa shrugged Americanly, not like the RB person Zhou Yang remembered.

"Have you seen my invitation?" Zhou Yang deliberately showed a surprised expression.

"No, why did you ask that?" Naoki Nakagawa shook his head, a little puzzled.

"Because I came in with the invitation letter from Miss Caroline Kennedy. You know, she is President Kennedy's daughter." Zhou Yang explained.

This time it was Naoki Nakagawa's turn to be surprised: "The purpose of the invitation is to let the hotel customer service dissuade irrelevant personnel from entering the venue, so as to provide better services to the VIP guests on site. Our Merrill Lynch people will not go to the hotel lobby to check it out.

This is an event held by the Asset Management Department, and I am from the self-operated department. Today I am actually accompanying my friends to watch.”

"Confidentiality of customer privacy is one of the principles that Wall Street has always adhered to. I believe in the professionalism of Merrill Lynch." Zhou Yang said with a smile. He is obviously an excellent Onmyoji.

"Charlie, do you have any insider information? For example, about Edward Kennedy." Naoki Nakagawa did not answer Zhou Yang's words and directly changed the topic.

Don’t think that the US capital market has a long history, mature systems, and strict supervision. In fact, this is all scam. Insider trading is almost everywhere. As long as you don’t call or send emails, it will be difficult for regulators to catch the handle.

"How is that possible! I am Caroline's friend, not Mr. Senator's friend. I am just simply not optimistic about the Democratic Party. After all, the performance of the Carter administration in the past four years has definitely left a bad impression on neutral voters.

The winner and loser that affects the outcome of the US election is not the base of the two parties, but the final decision of the middle-aged voters who hold a swinging position." Zhou Yang has cleverly revealed his relationship with "Kennedy", so he naturally does not want to add anything more.

"I'll introduce you to my friend, Amy Lin from Hong Kong. He is about to graduate from Columbia University and is preparing to join our Merrill Lynch's self-operated department." Naoki Nakagawa said, waving to a girl not far away.

The girl who walked into the two had long hair. She simply tied it into a vertical line with a rubber band, but gave people a lively atmosphere. A beautiful melon-shaped face with a slight smile was definitely a beautiful girl in oriental aesthetics.

"Do you speak Mandarin?"

"Yes, my parents are from Yongning. Although I have lived in Hong Kong for many years, I am still accustomed to speaking Mandarin at home. My name is Lin Siqing, and I am very happy to know you!"

"Amy, let me introduce you to me. This is Mr. Charlie, who is engaged in art trading." Seeing the two communicating in Chinese that he couldn't understand, Naoki Nakagawa hurriedly interrupted in English.

"Just call me Zhou Yang!" Zhou Yang said another Chinese and then switched to English to communicate. After all, it is not polite to exclude Naoki Naoki Nakagawa. "Actually, I have just started to trade art. Hill should be very curious about how I knew Miss Caroline.

Because of her work at the Metropolitan Museum, she also became interested in art collections.

My friend, Lawyer Connie, introduced me to her after learning the news. By the way, Connie is a fourth-grade lawyer at Davie Law Firm and is recently sprinting towards senior lawyers.

I happened to sign a painter recently, so I went to sell my partner's works to Miss Caroline with the idea of ​​trying it out.

Unexpectedly, Miss Caroline chatted with me very well. Not only did she spend $5,000 to buy the works I recommended, but she also became friends with me!" Zhou Yang opened her mouth and changed the whole story beyond recognition.

"It seems that Mr. Charlie has signed a very promising painter. The decorative paintings in our Merrill Lynch headquarters office are said to be replaced recently. I can introduce colleagues from the backend department to you, and maybe you can negotiate this business." Naoki Nakagawa said with a smile.

Why did Zhou Yang come to the cocktail party? Because Liu Xiaojie's works are on the streets of New York, the most expensive one is $100. He just said 5,000 US dollars, and Naoki Naoki didn't even frown, and he didn't think it was an excessive price.

It’s a pity that being an art broker is not as good as making money with finance!

So Zhou Yang took the initiative to bring the topic back to the stock market: "Then thank you in advance for your help. In fact, the reason why I am an art agent is purely to help my friends.

You know, it is too difficult for us Asian faces to develop in New York. My friend just came to the United States from mainland China last year. Although his painting skills are very good, he can't even get in touch with the mainstream art circle in New York, so I thought about helping him.

In fact, I am more interested in securities investment. Of course, I am still at the stage where theories are more theoretical than practice. By the way, Amy, you come from Hong Kong and your ancestral home is Yongning. Have you ever paid attention to the most famous ship charter king of the Yongning Merchants Group now?"
Chapter completed!