Supreme Sacred Ring, Carefree Tycoon!
In the 80s, a good-quality old Hainan Huanghuali round-backed armchair from the Qing Dynasty could be yours for just twenty yuan. Now, two million yuan o...
After the Lantern Festival, Yang Jing and Gege returned to Yanjing. Gege continued her unfinished studies. In fact, there was not much to learn. She mainly prepared for the thesis and defense.
As for Yang Jing, besides preparing his thesis, he also took time to go back to the past. Entering the 21st century, especially the first decade of the new century, there were too many black swans in the international financial market. If Yang Jing did not seize these black swans, he would feel sorry for himself.
The first to be affected is the international crude oil price.
After more than 20 years of bear market, international crude oil prices finally ushered in a stunning bull market when entering the first decade of the new century. In just a few years, the crazy surge in international crude oil prices almost made everyone dazzled!
As international crude oil prices soared, some of the economic problems accumulated by the United States after the new century became increasingly serious, and finally broke out in 2007, a subprime mortgage crisis that affected the world. The wide range of impact and long duration of this financial crisis also exceeded everyone's expectations. Similarly, this financial crisis also gave the global economy a wake-up call.
With the outbreak of the subprime mortgage crisis, the international gold price has been soaring like taking Viagra. Although this wave of rising prices lasted much longer than the bull market in 1980, this rise in gold prices is even crazier than the bull market in 1980!
These are the three biggest black swans in the world financial market in the first decade of the new century. Of course, under the influence of these three biggest black swans, countless small black swans have also appeared in various countries. For example, after the outbreak of the subprime mortgage crisis, the Dow Jones Index plummeted by 40% in just one year, and countless stocks saw their share prices cut in half.
The bankruptcy crisis in Greece caused by the subprime mortgage crisis also affected major European stock indexes.
There were also black swan market events such as the bursting of the Internet bubble and the collapse of the Nasdaq at the beginning of the new century.
It can be said that after entering the first decade of the new century, the international financial market is full of gold, it just depends on how you pick it up!
The first time point when Yang Jing returned to the past was February 2000, just one month after the last Millennium Annual Meeting of the Dragon Fund.
"BOSS, we thought you were out treasure hunting again, we didn't expect you to come back in such a short time." Seeing Yang Jing appear in the office, a group of senior executives of the Evil Dragon Fund all came to meet him. Henry Williams teased Yang Jing as soon as they met.
Yang Jing laughed and said, "I would like to find more gold, but if I give Mike more gold, I'm afraid Mike will fight me to the death..."
Old Mike pointed at Yang Jing with a wry smile, "Cole, you'd better not bring me any more gold. I'm already scared..."
Everyone burst into laughter.
Yang Jing waved his hand and said, "Don't worry, Mike. I won't bring you gold recently. You don't have to worry about how to deal with the gold all day long."
After a pause, Yang Jing looked at these important subordinates and continued, "Secondly, the main reason I came here this time is for the Nasdaq index."
Hearing this, Cesar's eyes immediately lit up, "Boss, are you going to take us with you again..."
Looking at Cesar's eyes full of desire, Yang Jing nodded slightly, "Guys, I don't know if you can see that the current Nasdaq index is very dangerous."
David Anderson nodded and said, "Boss, we were just discussing when to establish a short position. The Internet in the United States has been extremely popular in recent years. It is even more popular than the Japanese real estate market ten years ago. However, the current Internet companies have not found any practical way to make profits. Therefore, such a hot Internet market is simply a super bomb."
Cesar also said: "What David said is correct. David, Niamh, Henry and I have been discussing this matter since before the Millennium Annual Meeting. The current Internet market bubble is too big. Once it bursts, it will cause catastrophic consequences. But we are specialized in speculation. How can we miss such a good market?"
Niam nodded and said, "We all agree that the Internet market is in a bubble, but we haven't reached a unified view on when this big bubble will burst. Cesar and I both think that this huge bubble won't last much longer, but Henry and David think that this bubble can at least last for another half a year. Boss, you're here, and we need you to give us a definite answer and a definite time point."
Henry said to them, "Don't forget, we also made a lot of money during the formation of this bubble. The stocks of those Internet companies in our hands have allowed us to make more than 100 billion US dollars in net profits in the past few years! I think the bubble will burst, but not too soon. According to the current momentum, I think it will take at least until the second half of this year or even the end of the year for the market to collapse."
"Henry, I think your understanding is too dangerous, just as dangerous as the current Internet market!" Cesar retorted firmly.
David on the side said: "Cesar, you are too arbitrary..."
Obviously, although these four giants have all seen the huge bubble in the Internet market, they have not reached a unified opinion on when the bubble will burst, and it seems that they have been arguing among themselves for a long time.
My dear, there is more to this chapter. Please click on the next page to continue reading. It’s even more exciting later!