My German Empire

Chapter 43 Financial Crisis 2

In the middle of October, speaking in suspicion, worry and wait and see, people have fallen in the current stock price, because "organized support" is almost discussed by everyone.

On the 23rd, Fisher (Philip Fisher, the famous securities analyst) and Mitchell sang again, but the stock price was seriously fell in the afternoon. Ironically, this Fei Xue once evaluated the prospect of the US basic industry, and I saw a number of industries, and the prospects were quite unstable. In August 1929, he submitted a senior executive of the bank. "The most serious large air head market in 25 years will be launched." This can be said to be a young man in his life's most amazing stock market forecast. It is a pity that "I don't have to look at the snow". "I said:" I can't be confused by the currency of the stock market. So I look for some cheap stocks, and the object worth investing, because they have not risen. "He Invested for thousands of US dollars to 3 stocks. These three stocks are low P / E shares, one is a train head company, a advertising board company, another is a taxi company.

At this moment, "Organized Support" is still talked, and the President Hoover claims that the US economy is fundamentally seeking, but the whole Wall Street has enveloped a alert atmosphere.

October 24, 1929, New York, USA, Stock Exchange.

In the later generation, only the securities company trading software can be used to transaction through mobile phones anytime, anywhere, it can be described as convenient. But now there is no popularity of the home landline, you want to buy and sell securities and can only go to the exchange.

Therefore, the exchange is a lot of lively every day except Saturday and Sunday, it is no exception today.

Haven't worried yet, the exchange is already crowded with people. Because Monday's trading volume reached 609.187 million shares, it has facilitated the third largest trading volume in history. Everyone is excited to discuss how much the stock in his hands will rise again today, but they are a bit wrong! !

It is a bit a bit, and the stock that steamed over the steamed sun suddenly begins a large decline in the case where there is no prevail! !

"Damn, let's go out!" Everyone shouted, rushing to crowd in the counter, want to sell stocks in his hand.

No one will consider this will further increase the decline of stocks. Everyone just wants to keep their own money. After all, many people here have put their bombs into the stock market!

Soon, the quotation machine caused by plummeters, some people are unspeakable because of uncertain concerns, some unable to cope with the margin remndiotes, forced to come out, at 11:30 in the morning, here is a wolf, self-sufficient people are here Losing reason, becoming crazy, caught in the magic, perhaps the devil just came, maybe people think that God has never been there.

The New House has been standing for 112, and several crises have also occurred, but it has quickly recovered that there is no time to have such a long crisis, and a large number of people who want to copy the bottom began to re-establish a position, or in October. Or in November. They conceivable less than two years later, these stocks have not yet considering the value.

On the weekend of Black Thursday, the bankers quickly responded, and jointd hand, the panic mood of the market seems to calm down, and the market also saw rebound. On the weekend, President Hoover once again delivered a speech: the basic business in the country, whether it is product production or sales, other political and domestic people also published the same opinions, so people expected that the buying on Monday will recover lost land. God comes again.

But Monday, the disaster really started, and once it is difficult to stop it once.

On the 28th, the market fell 49 points, the volume of 9.25 million shares, bankers meeting again, and of course the market is still healthy.

On the 29th, the Dark Day of the New Holding Office since the beginning of the New Handling, the transaction volume reached 16.41 million shares, and the average indices of Industrial Unit fell 43 points.

"Organized support" has no one believes. Thousands of Americans looked at their life savings in a few days. This is the most dark day in the history of US securities. It is the most affected economic incident in the history of the United States, which affects the wave and Western countries and even the world.

On the 30th, the stock market has technically rebounded, so Lockefeller also expressed the confidence of the stock market, Hu Buddha also speaking, so far, his role is just the discourse the stock market health, and other great opinions There are people who have a good faithful and hard work in the executive of the Ministry of Commerce, Goldman Sachs executives.

On the 31st, the stock market opened for 3 hours, and there was slightly rising. He has been in the next Monday, and the optimism begins to appear. Any straw is treated as a hemp rope.

On November 3, the stock market fell 22 points, the transaction volume was 6 million shares, 5 days, down 37 points, 6 million shares, and then rebounded slightly, 11-13, fell 50 points, the solid economy was rapidly deteriorated, cotton The transaction volume is sharp, the wheat price is straight, while the investment trust company's leverage transaction and margin transaction builds the perfect device of the stock market suicide. The anti-lever utility is rapidly pulled down the stock price. The margin system has forced the clearance part to keep some stocks, while sold The stock is pulled and the share price is declining, and the loop is reciprocated. It is said that the reception staff of New York in this time, the guests who came to the store came to the store or jumped. Because there were 11 well-known speculators to commit suicide, a commissioner's body was salvaged in the Hudson River, From his pocket, he discovered a $ 9.4 change and several margin removal.

In mid-November, the stock market once explored, returned 224 points, while September 3, still 452 points, thinking that the Hhuover President of the Storm has now announced the stimulating economy, implement tax cuts, but unfortunately . In addition, in the White House, they also held a meeting of people from all walks of life, but mainly to exchange ideas, show attitude, enhance confidence and self-service. Hoover Ben can take more effective measures, but he is very satisfied for the worst president of the 20th century. The New House also came to join in and announced the investigation of selling empty transactions, but there is no result.

The whole country, the whole capitalist world is a sorrow!

These have no matter what Jenique is, they will be sent to the United States in the United States a year. After several successful operations, after several successful operations, it is necessary to return.

The 500 million event funds that Yatik East will have a total of 3.2 times in his hand! !

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