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Chapter 1834 Wall Street's Conscience

"Feel sorry!"

There was a little noisy around, so Han Xuan increased his voice and continued to shout: "I am not very clear about the interest rate hike for the time being. Regarding the Internet bubble crisis, I want to explain to investors!"

After this sentence was heard, the nearby area became quiet instantly!

Even the big guys who were preparing to go to Han Xuan and who had a good relationship with him subconsciously stopped and planned to listen to his insights on the Internet industry.

If you want to talk about what people are most concerned about in economics recently, the Internet bubble crisis is definitely the first. Han Xuan has not appeared since the crisis, and people care about his views very much.

Many middle and high-profits have suffered heavy losses in the crisis, especially the shareholders of listed companies in Han Xuan. They are eager to hear good news. Many people suddenly lose more than one-fifth or even one-quarter of their wealth, and they still have hope for the stock market to recover.

The festival is almost over, and the exchange is about to start again. There are many signs before the stock market crash. Han Xuan and the financial giants shorted the Nasdaq index. Before the delivery has begun, it will be beneficial for him to smash the index down again.

Anyway, the Nasdaq market is full of holes, like a sinking ship. It will be a matter of time before it falls to the bottom. I don’t plan to sell my shares anymore, so it doesn’t matter to him whether it rises or falls.

A reporter from the New York Times thoughtfully handed Han Xuan the microphone in his hand and shouted: "Do you need it?"

When Han Xuan heard this, he shook his head and said, "No need."

In recent times, I have taken the time to carefully study the Nasdaq transaction data in recent years, mainly the past five years, as well as the operating and development of the Internet industry, and have drawn some conclusions from it.

The Internet is more widely used in human society and represents our future. However, I think it will be difficult to make those Internet companies truly create a lot of wealth in recent years.

Especially under the premise that the stock value is so high, high investment and return are not proportional. And for example, taking risks, that is, the risk of stocks depreciating at any time, it can only be said that the future is bright, but it will take a long time to accumulate."

"You mean, will the Internet bubble continue to fall? There will be no turning point for a long time?"

A reporter from the San Francisco Chronicle asked him loudly that he thought this was an important question, so other reporters tacitly stopped asking randomly. If he didn't hear what Han Xuan said because it was too noisy, it would be so unfair.

Han Xuan nodded, his face calmly continued: "Yes, I think the bubble in the Nasdaq stock market is far from reaching a reasonable level.

Therefore, it will fall further in the short term, squeezing out the moisture while removing some companies that cannot adapt to the development environment, which is a good thing for the market.

Perhaps it will take ten years or fifteen years to become more complete in the Internet industry, and then they will truly support such a high market value and bring real benefits to investors rather than false income prospects.

I am very optimistic about its future. Recently I heard some voices saying that the Internet industry is not good, and they are fighting against the development of the entire society. The next century will inevitably belong to the Internet and artificial intelligence.

Okay, I'm going to attend the banquet. In addition, I'll say hello in advance, Happy New Year everyone..."

After Han Xuan finished speaking, he left freely and if he continued to let those reporters ask, he would probably not be able to leave until the dinner ended. He left a group of reporters who were excited to seize the big news. He held Anya's hand and walked towards Donald, Mayor Rudy and others.

Some people in the crowd also showed signs of death because as Han Xuan broke the bubble, it would inevitably lead to a new round of decline when the exchange resumed trading after the New Year.

Recently, those investment institutions and investors have been repeatedly cut by others. The media often tells them that they have fallen to the end, and those experts also say that they will rebound later. The result is that people keep pouring in to fill in the pit.

The vast majority of investors and investors are very blind and want to hear the voices they want to hear, such as "it has fallen to the end", "it will rebound now", etc. Han Xuan himself has also cheated many investors like this.

Most of the young retail investors are not very rich. They didn’t plan to explain it too thoroughly just now. Thinking of a news report a few days ago about an old man in New York who was forced to move out of a nursing home because of a failed commissioning investment, Han Xuan suddenly felt that these wealthy people, including himself, were already very rich, and there was no need to continue to harvest the wealth of the middle class or even the low-profits to make money.

There is not much money for me, but for ordinary people, it may be all their savings, so I simply smashed the plate to avoid causing more people to suffer. As for whether investors are willing to listen, it is their own business, reminding them that they have done their best.

This is normal. Wall Street operators are humans, and they will think and will not be as cold as machines. Every time they make money from stock market crashes, it means that many people are in dire straits, and they will be more or less sad about their conscience. Many traders suffer from psychological diseases such as depression.

It was very cold in New York at the end of December. It was snowing a few days ago, and you could still see it on the roadside. At night, there was a biting cold wind in the city. Everyone present was very cold. They greeted each other after entering the hall.

Mayor Rudy shook hands with Han Xuan and said, "Long time no see, it's really bad weather.

The dinner was occupied by those boring guys, and Chairman Greenspan was there, and I think they must be happy to see you.”

"I almost got a heart attack." Donald asked his assistant to take a tissue for himself, wringing his nose tightly, and continued: "It's really boring. I was in a bad mood when I paid for these guys to come and enjoy it. I thought it was a very interesting occasion."

"Isn't it fun?"

Han Xuan shook hands with them one by one and smiled and said, "It's strange to be interesting. The official host discusses interest rates, so how interesting it is.

After attending the party tonight, I won’t go to the official meeting tomorrow. Otherwise, I would fall asleep during the meeting like last time, and it would be a joke again…”

Since the beginning of this year, the US GDP has grown strongly, and the unemployment rate has dropped to four percent. The Federal Reserve lowered interest rates by 75 basis points the year before last to cope with the Asian financial crisis.

Starting last year, the Internet boom caused IT investment to grow and the economy was overheating. The Federal Reserve once again launched a tightening policy, raising interest rates by one percentage point from 4.75%.

After the bursting of the Internet bubble and the Nasdaq bubble, it can be foreseen that the economy will fall into recession again. The Federal Reserve held a meeting this time to discuss the purpose of stopping interest rate hikes and starting continuous interest rate cuts at the beginning of next year...
Chapter completed!
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