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315 views shocked the financial world! Go crazy!(1/2)

It was soon 7 pm.

There are two and a half hours left in the U.S. stock market opening.

The headquarters of the Black Shirt Insurance Company and the trading room were extremely heavy.

Because tonight the U.S. House of Representatives will vote on the new version of the rescue plan.

If the vote is passed, the stock market may soar, and of course it may also fall, but the decline will not be large.

If the vote fails, the stock market will definitely plummet.

Wang Guanxi had a serious face and said, "Tonight's heavy lifting is coming, no matter what, we will win!"

Currently, Fund No. 2 is shorting Citibank, Fund No. 3 is shorting Wells Fargo, and Fund No. 4 is about to short Bank of America.

If the stock market soars across the board, then Wang Guanxi's three family funds will suffer a lot.

Of course, the stock market surge tonight can be accepted for a short time, because the economy is getting worse and worse now, and the stock market will sooner or later fall.

However, Wang Guanxi really hopes that the House of Representatives will reject the new version of the rescue plan tonight.

Huang Shaokai put his hands together and prayed, "I hope the vote will not be passed tonight, and then we will smash the Bank of America!"

Wu Zhankun also said: "I didn't pass the last time, but I will definitely not pass this time."

Zhang Dexi also said: "Although the Senate has passed, the House of Representatives may still not be able to pass it!"

Wang Juehao also said: "Tonight may be very hungry. This time, the US Senate voted 74 votes in favor and 25 votes against it, overwhelmingly passed the new version of the plan to save the US financial system, and the House of Representatives may also pass it."

Of the 74 senators who voted for the new version of the rescue plan, 40 are from Democrats and 33 are from Republicans.

There is still one month left before the US president and congressional elections.

In order for the plan to be approved, the senator has previously joined tax cuts and other measures.

House leaders are also actively taking measures to try to change enough opponents’ views and strive to pass a new version of the rescue plan by Friday night ET (East morning of Hong Kong Saturday).

Earlier, the House of Representatives vetoed the old version of the rescue plan on Monday, causing global stock markets to plummet that day.

With the support of the Bush administration, this new rescue plan will give the government the power to acquire non-performing assets from financial institutions.

The new version of the rescue plan has added two measures to extend some corporate and middle-class tax cuts and increase the federal insurance depository coverage from $100,000 to $250,000, with the goal of gaining support from more members of the House of Representatives.

Bai Weiqiang said: "Yes, this time the Senate has passed the new version of the rescue plan in an overwhelming manner. If the House of Representatives really passes tonight, the stock market may soar for several days!"

Wang Guanxi also took a deep breath and said, "It is indeed possible. The key is to rely on the economic situation of the United States!"

"Although the Senate voted, the House of Representatives is still unknown."

If it is really approved tonight, global stock markets are likely to soar, which will be very unfavorable to Wang Guanxi at that time.

But even if he knew that he would surge, he had no choice but to withstand it.

Because the financial economy is getting worse and worse, the rise in the stock market cannot last long. After the surge tonight, it may fall tomorrow.

At this time, Fox News Network: [President Bush said the House of Representatives must approve financial rescue plans]

After meeting with business representatives at the White House, President Bush told the media that the current financial crisis has affected all Americans, and Americans are worried about their savings, employment, real estate and the prospects of their industries.

Only when the House passes financial rescue plans can people's confidence be rebuilt, and many Americans are paying attention to whether the House members can take positive action.

The president also urged the business community to pass on information that the relevant economy could be damaged to these members.

In the vote on September 29, the House unexpectedly rejected the initial version of the financial rescue plan, a move that exacerbated panic in the financial markets and threw Wall Street into "Black Monday."

With the joint efforts of the Bush administration and Congress, the Senate passed the revised $700 billion financial rescue plan on October 1, and the House of Representatives will vote on the new plan today.

Moreover, US Treasury Secretary Paulson expressed his joy at the Senate vote and asked the House of Representatives to make the same choice as soon as possible.

Paulson: “I appreciate the Senate’s strong bipartisan vote tonight.

This sends a positive signal to the public that we are ready to take action to ensure that U.S. citizens have access to credit to create jobs and maintain business operations, thus forming protection for the U.S. economy.

I strongly ask the House to pass this bill as soon as possible.”

Wang Guanxi took a breath and felt that the probability of the House of Representatives voting tonight to pass the new version of the rescue plan has increased a lot!

He said, "It seems that the situation is not good for us."

If Citibank and Wells Fargo rise a lot tonight, it will lose a lot of money on its books, which will make Indians laugh.

And shorting Bank of America tonight is also imperative.

If the stock market surges too hard, it would be awful.

Moreover, the Hong Kong stock market also soared the next day, and the stock price of Hong Kong HSBC may also be pulled up.

If it is up for one day, it will be fine, but if it rises for more than three consecutive days, it will be extremely bad.

No wonder these Indians are so confident. Is this their confidence?

They decided that this new version of the rescue plan must be passed?

Or will the Federal Reserve cut interest rates on a large scale next time?

Huang Shaokai asked with some concern: "Boss, do we still have to short Bank of America tonight?"

Wang Guanxi said, "Of course, I must short tonight. Just find a suitable position to enter the market and short!"

Zhang Dexi also asked: "Boss, should we short after the House of Representatives vote, or before the vote?"

Wu Zhankun: "If the situation is clear, you can short it."

Wang Juehao also said: "This Indian will definitely buy it tonight. If the voting results come out, the stock price of the Bank of America will have started to rise sharply, and they will not increase their holdings at a high level by then."

Bai Weiqiang also said: "This Indian is really terrifying. I guess we have to trap us tightly and then charge interest every day!"

At this time, Wang Guanxi said: "Send prepared manuscripts and bearish on the US economy."

"Yes, boss" then Blackshirt Investment Bank posted an article, not only logging in to the Hong Kong media, but also Bloomberg, the United States.

[The US financial market is experiencing the most dangerous shock since the Great Depression]

Rennes Smith, vice president of Blackshirt Investment Bank and former investment banking manager of Lehman Brothers: The US financial market is currently experiencing the "most dangerous shock" since the Great Depression in the 1930s and has become the main threat to global economic growth, and the risk of an economic recession is increasing.

In this round of financial turmoil, the banking system has suffered the most severe damage, which may affect the growth of economic activity.

[The Wall Street financial crisis begins to affect the real economy of the United States]

While the Bush administration's financial rescue plan is waiting for the second round of House votes, the liquidity shortage crisis has swept through major U.S. financial institutions and began to affect the real economy.

The so-called liquidity shortage crisis refers to the serious shortage of liquidity due to credit tightening of financial institutions.

To put it simply, no one trusts the other party among financial institutions, and no one is willing to lend money to the other party.

The liquidity shortage directly leads to an increase in borrowing costs between financial institutions and a shrinking credit quantity and scale.

Interbank lending rates are an important indicator that reflects liquidity.

On the 2nd, the three-month US dollar interbank lending rate (libor) rose to 4.21%, the highest level since January this year.

Due to insufficient liquidity, banks and insurance companies cannot find short-term debt buyers, and the commercial paper market has shrunk extremely.

Randall Stephenson, chairman and CEO of the world's largest telecommunications company, admitted on the 30th of last month that the company failed to issue commercial paper as scheduled last week due to the lack of buyers, and the company's investment plan was affected.

Commercial banks and securities companies with short liquidity funds have turned to the Federal Reserve.

In the past week, commercial banks and securities companies have borrowed a total of $348.2 billion from the Federal Reserve, a 60% increase from the previous week.

Among them, loans obtained by commercial banks through the Federal Reserve's discount window increased by US$10 billion, reaching US$49.5 billion, setting a record since the 9/11 terrorist attack.

In addition to the financial system, small and medium-sized enterprises are the first to be affected by the lack of liquidity.

A farmer who runs an orchard in California said in a recent interview with the media that her plan to expand her business has been stranded due to credit crunch.

She complained that when she started her business three years ago, she easily borrowed $500,000 in loans. Now her products are well-known, but no bank is willing to reply to her phone number.

Surprisingly, the field of education has also been hit by the financial crisis.

American Bank, which went bankrupt in the credit crisis, announced on Monday that it would freeze nearly 1,000 U.S. colleges and universities with a total of $9.3 billion in short-term investment funds.

Since colleges and universities usually deposit income such as tuition fees into accounts and withdraw funds from them for employee salaries, daily school maintenance, etc., the decision of the United Bank means that some principals will have to face the dilemma of not being able to pay wages.

More schools are starting to prepare for the future.

Boston University President Robert Brown announced Tuesday that all new recruitment and construction projects were suspended in an email to all faculty.

“This wide-ranging credit crisis will soon affect a large number of schools and research institutions. There have been predictions that the economy will be trapped by the liquidity crisis, and yes, it is now happening in front of our eyes,” said Moly Broad, president of the American Education Council.

U.S. Treasury Secretary Paulson said on September 19 that the consequence of insufficient liquidity is that the personal savings of ordinary Americans are threatened, and consumers and businesses’ ability to borrow, spend, invest and create jobs will be weakened.

Today, the rescue plan is still to be approved, and Paulson's prophecy is unfortunately becoming a reality.

The credit market is about to collapse, and colleges and universities cannot pay wages. A new round of stock market crashes may be coming!

These two huge articles were published in Hong Kong and American media, and spent a lot of money on Blackshirt Investment Banks.

The effect is pretty good.

In the financial industry, it has affected the psychology of retail investors and investors.

"Damn, this Black Shirt Group is very right."

“It makes sense really good, the analysis is very good”
To be continued...
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