Rebirth: The Financial Giant

The company's investment and research department received a call from the big boss, and issued a work instruction, that is, to draw up a comprehensive analysis report of the bearish market outlook and send it to the president's office for approval.

However, this analysis report is not available immediately, it will take a few days, and Lu Ming gave it three days.

Now, as time enters October, the country has also ushered in a week-long National Day holiday, and the A-share market is also closed for a week. The post-holiday market will not open until Monday, October 8.

Entering October, there is another important thing for Tiansheng Capital, that is, the company relocates to the new headquarters in the new financial center. The relocation is always a lock and troublesome thing, but it must be moved.

According to the original plan, the company's relocation will be officially relocated on October 5, and it will be carried out in an orderly manner. It will take about three to five months for the complete relocation.

The current location of Tiansheng Capital's headquarters has a huge impact on the surrounding land prices, and it does not conform to the current planning of Ningzhou.

Therefore, when moving to a new financial center where land is expensive, the land price in this area is almost completely priced according to the market, even if the price is so high that there will be no intervention in Ningzhou.

...

October 1.

Today is a holiday, most of the people in the company are also on vacation, and Lu Ming didn't go to the company. He is in the study at home at the moment.

A printer in the room was printing documents. After a while, Lu Ming picked up the document list. This document was an analysis report prepared by the company's investment research and analysis department according to his instructions, and it was now faxed over.

After reading it, Lu Ming made a phone call to the company. Han Qiulin was still working overtime at the company.

"Chairman, what are your orders?"

Lu Ming stared at the research report data in his hand and said, "Chen Yuli's analysis report will be released according to the current original."

Han Qiulin on the other end of the phone said, "Release today?"

Lu Ming nodded: "Yes, it is today, let it out as soon as possible."

Posting it later would be an afterthought, and Han Qiulin responded, "Okay, I'll deal with it now."

...

About half an hour later, Tiansheng Capital publicly released a new analysis and research report, which anyone can download and read in electronic version, and it is free and open to the public.

Not long after, it was quoted and reported by major financial media and spread in the capital circle.

As before, Tiansheng Capital rarely reviews and analyzes a single stock, and the most recent one was only Jingdong Company.

Today's research report is a macroeconomic analysis. The researcher's name is Chen Yuli, one of the company's investment research analysts. This research report does not directly point to the bearish big A, but directly refers to the US stock market. Market problems are analyzed and deconstructed.

Tiansheng Capital has never published a bearish report on the A-share market, and neither will this time, but as long as a slightly smarter person can understand, if there is a problem in the US stock market, the global capital market will have to catch a cold. Big A is also difficult to be alone.

To put it simply, the U.S. stock market has collapsed, and the big A must also follow, which is equivalent to indirectly reminding the market that the A-share market is risky.

...

At the same time, Lao Yang in another city was reading the analysis report just released by Tiansheng Capital.

I saw him staring at the research report on the screen:

[A few days ago, recent global risk events have occurred frequently, and the renewed global risk aversion may have an impact on asset prices. The soaring dollar and capital outflows from emerging markets may cause another 'major' financial crisis, and Mengmeng is facing survival risks , North America's launch of the nuclear agreement and the establishment of tariff barriers have threatened the transatlantic trade alliance between Europe and the United States, and the forcing has a negative impact on the European economy, especially Germany. 】

[You Meng faces three serious problems: the refugee crisis, the territorial disintegration caused by Brexit, and austerity policies, which have hindered the economic development of Europe, and everything that can go wrong has gone wrong. 】

When he saw this, Lao Yang couldn't help but searched for information on the Internet, especially the news related to the military sector. Sure enough, he saw an important hot news, that is, the ships of the beautiful country came over to do things again. A day like today was so frustrating, but in the end I was forced to retreat.

After turning off the relevant news, Lao Yang continued to read the content of the research report:

[…Different from other views in the market, we believe that the results of the mid-term elections in North America are uncertain, and the game of governance behind them is intensifying. Whether the party can maintain control of the Congress, this election is regarded as a key battle for the implementation of the government's decree in the second half of the period. The mid-term elections are full of gunpowder and market worries spread. 】

[After the Fed raised interest rates, the 10-year U.S. bond yields rose rapidly, triggering a sharp drop in the overnight market. After the Fed’s decision to raise interest rates in September, due to factors such as the strengthening of inflation expectations, U.S. bond yields rose rapidly. With U.S. stocks still trading above their second-highest valuations in history, rising long-term interest rates are expected to trigger a turbulent correction in the stock market. 】

[As U.S. bond yields continue to rise, it may lead to a drop in global risk asset prices, which will intensify panic and even lead to global stock and bond selling. As of the close of last Friday, the value of global bonds fell to $489,000, an increase of $489,000. The bond market lost about $876 billion in a week at its lowest since October 2017, wiping out a year of gains. 】

[Government risks and upward interest rate factors will continue to disturb the market, and trade frictions will also have a negative impact on the North American economy. At the same time, there are certain bubble factors in the US stocks that have been soaring. Before the North American economy was improving, the rapid rise in long-term interest rates was related to the strengthening of inflation expectations. 】

[The concern is that if the North American economy runs above this level for too long, it may lead to inflationary pressures and financial imbalances that trigger an economic downturn. The recent rise in U.S. bond yields has been evident, and behind the accelerated expansion, the market is worried that the surge in U.S. bond yields will trigger a butterfly effect, leading to the bursting of potential market bubbles and triggering a recession. 】

[Comparatively speaking, if the U.S. stock market plummets, it is mostly a bubble. For domestic A-shares, it will also be impacted by the fall in the global stock market, but it is more affected by the imported black swan events brought about by the short-term plunge in the external market. The overall valuation level of A-shares has long been at a low level, while the U.S. stock market is currently in a position of high valuation risk~www.wuxiamtl.com~ Risk reminder: macroeconomic policy changes, economic growth is lower than expected, and it is not ruled out that there will be a black swan event worldwide]

[Strategy: Hold currency and wait and see, the price of safe-haven gold is expected to rise, which can be appropriately allocated. 】

After reading the research report, Lao Yang secretly underestimated: "How to even give such a clear idea of ​​how to operate..."

But then again, after reading this research report, Lao Yang was still very surprised. He didn't expect such bad news on the first day after the holiday.

This is obviously a bearish report that the market can no longer be bearish, and it is also a hugely influential investment institution such as Tiansheng Capital, which is obviously heavy news for the bearish market.

After reading it, Lao Yang decided to do nothing, eat and drink!

Because the core position is Tiansheng Holdings, the cost price is low enough, and it adheres to long-termism, there is nothing to move, and the funds for short-term trading in Dongfang Communications have also been withdrawn.

Since the first brother is not optimistic about the market outlook, then this part of the short-term funds will not be moved for the time being, and at most just buy some gold.

Lao Yang is indeed quite powerful, but he is not a god, and he does not know that Dongfang Communications will come out of the second and third waves of the market in the later stage, and directly push out the super market that has accumulated 10 times. In his opinion, Dongfang Communication After Fang Communication realized the nine-connection board, it also came to an end.

At present, with major media citing and reporting the analysis report of Tiansheng Capital, all kinds of funds in the market are very surprised. Basically, everyone who should read that day has already read this report.

It can be said that it is very clear and undisguised. It reminds the market of risks in the near future, and even gives a strategy, or wait and see, or buy some gold or something. These are all very clear, as to whether you believe it or not. It's up to the investor's own judgment.

...