The third brother and Su Mo were also talking about this. After the third brother received the news, he told Su's father.
Mr. Su felt that prices in China could still rise, so he thought they could wait and see.
When the market was falling, Mr. Su thought it was a good time to buy at 5,500 points, so he bought some more. He didn't expect it to reach 5,000 points, so he bought some more. Now the market is at 4,500 points, and not only have all his previous profits been wiped out, but he has also lost some money by trying to buy at the bottom several times. Now he is reluctant to sell and is just watching from the sidelines.
"Is your dad still buying at the bottom?" the third son asked.
Su Mo: "No, he's reluctant to sell now, he thinks the price can still go up." Her colleagues at work all predicted the same thing.
"Sell it quickly. Bai Liang said that the US economy is in trouble, which will definitely affect the whole world, and the stock market will definitely plummet." The third brother didn't care about others, after all, they were family, so he had to say something.
"Bai Liang's information is quite accurate," Su Mo said with a smile.
“Bai Liang is now a big capitalist. Understanding the international situation is the most basic thing for him,” the third brother sighed. The Bai family’s accumulation over generations has made their family’s foundation unfathomable.
Su Mo: "Information in China is still scarce. I'll discuss the international situation with my dad tomorrow, and he's basically given up hope. By the way, did your older brother sell everything?"
"I don't know. My dad made a phone call and went there again. I guess Li Xingguo won't listen to him. He must think he's better than us and that he's the best," the third brother sneered.
“We’re all family. Just remind him tomorrow. It’ll only be a waste of breath. We don’t care if he’s not nice, but your sister-in-law will make a scene when she gets home. Your parents are getting old, so let them have some peace of mind,” Su Mo advised.
"Who did she tell when she made money? She dares to cause trouble at home? My second sister-in-law would slap her to the ground. That's my second brother's house; of course she'd put up with her." The third brother finished speaking and laughed.
Su Mo laughed too, "Someone like my eldest sister-in-law really needs my second sister-in-law to deal with her, someone like me wouldn't be able to handle her."
"My wife is well-educated, gentle, and kind. Those harsh and abusive ways aren't suitable for you," the third brother chuckled, his hands starting to wander.
...
The next day, Su Mo went to the Su family home and discussed with her father the economic situation of the United States and its impact on the world.
After discussing it, Mr. Su emptied his stock account. With the international situation so bad, what was he still hoping for?
After arriving at the factory, the third brother also called Li Xingguo.
"What's wrong, Third Brother? Is something the matter?" The market stopped falling today, and he guessed that it had bottomed out and rebounded, so he breathed a sigh of relief.
"The market has been volatile lately, how's it going on your end?" the third brother asked tentatively.
"The market has stopped falling and stabilized today, so it should be a bottoming out and rebound," Li Xingguo replied, seemingly ignoring the question.
The third brother knew in his heart that Li Xingguo definitely wouldn't listen to him.
The third brother said, "The great economy is having problems. As the circulating currency, the US dollar will have an impact globally."
Li Xingguo chuckled, "When the economy of our country has problems, capital will definitely flow out, which is a good thing for us. You should study the market more often."
The third brother... Li Xingguo's brain is so full of water that it could put out a fire. The global economy is bad, how can the domestic economy be spared? If the economy is bad, how can the stock market go up? And he doesn't study it? If he doesn't study the policies, how can he run such a big company?
"I'm an uneducated person, I can't compare to you. I won't keep you from your research." After hanging up the phone, the third brother sneered. It's hard to persuade this damned devil with kind words. He's really getting old now, he's become more magnanimous, he even wants to lend a hand to a passing dog.
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