God of stocks chapter 399

Chapter 399 Inverted Interest Rate Decisions (1)

Aiming House’s trading volume was breaking the record high every day. New hands were continuing to participate to trade Aiming House.

If it were a normal operation owner, it would be normal to collapse in this situation, but SH Partners managed the stock price and the news of good news coming out at the right time was somehow pulling Aiming House.

And based on these, Aiming House has become a reliable theme stock. And Aiming House became a theme stock that moved the market as trust was built up among people.

The perception that even if they lose a little while entering, it will soon recover, and in the end, this trust proved that investing in Aiming House is a good investment destination for those who cannot find a suitable investment right now.

Lee Sang-hoon thought that he had to adjust his foot to the obvious intention. I thought that only then would I be able to ask them for something.

“What about the exchange rate? Are we just looking at each other? Metallurgical metallurgy keeps moving.”

“The exchange rate will be the same as the stock. Energy condensation after ticking. Now the ticker will come out.”

“okay? then. top? under? What do you think?”

“When we come down, we are in trouble. Above. It’s a situation where we have to come up.”

It was a long time since Taeeun LCD was sold shortly. Compared to the period of short selling, it was not satisfactory.

Still, it wasn’t a bad result considering the situation that if you hadn’t entered that time, you couldn’t hit short selling right now.

“From August, you have to be alert. It’s the holiday season, so it’s not strange to say anything.”

Lee Sang-hoon felt that time was coming to an end. It seemed that the energy condensation of the index and the surrounding conditions were all ready to bounce in any direction.

The problem was the direction, but Lee Sang-hoon was hoping that direction would plummet downward.

In the end, the index, which ended the month without dominating 1,600, began to decline from the first day of trading. And again, a downtrend broke out, breaking 1,550, and it seemed to go down again to test 1,500.

However, as oil prices plummeted and were trying to fall below $120, the market stopped falling due to the announcement of an interest rate freeze in the US and seemed to turn the direction to an uptrend again.

The mayor responded by focusing on the minutes of the FOMC meeting that there will be no interest rate hike within the year. The Dow, NASDAQ, and S&P all surged by more than 3%, and oil prices eventually broke up to $120.

The freeze in interest rates from the stabilization of oil prices fueled the market.

When assuming a case in point, the FRB had some room to move forward with the possibility of coming out.

“Recently, as commodity prices have stabilized, the inflation burden is decreasing. It was in the same context that the US FRB also talked about the stabilization of commodity prices as the basis for the decision to freeze interest rates. In general, an interest rate freeze is perceived as a good news that can increase the inflow of stock market capital, and this was well illustrated by the three major indexes in the United States yesterday. The US stock market cheered the FRB’s decision, and all of the three indexes showed significant gains.”

“Then all that remains is our country’s decision on interest rates, but what is our country expecting?”

“It is clear that our country will not be very different from the United States. This is because there is not enough justification to raise interest rates amid the plunge in oil prices. And the trend of rate hikes is over. In the past month or the last month, there was a reason for an interest rate hike, and the trend of the global economy was largely driven by a rate hike. But now it is not. Now, all such causes have disappeared, and the keynote has been frozen.”

“So, what do you think of the exchange rate? It was the exchange rate that confuses the market for a while.”

The screen shows a chart of the exchange rate when the lunch box bomb exploded. It was a chart that hurried down, as if showing Niagara Falls at 12 o’clock suddenly.

Even now, it was a chart that boasted a ridiculous appearance.

“The exchange rate is also finding stability below 1,020 won. Now, we need to focus on stimulating the economy rather than on inflation. I believe the Bank of Korea will not ignore this stance.”

On the screen, an expert came out and was talking about the results of the FOMC meeting the day before and the interest rate decision of the BOK tomorrow.

The expert’s story wasn’t wrong. And that was the general forecast of the market.

“No way Korea will also freeze interest rates. What do we talk about that it’s an argument? is not it?”

Lee Sang-hoon also nodded while looking at the screen.

“I will. You won’t be hitting interest rates without going crazy. Even Europe, which has raised interest rates now, is saying that the moment inflation subsides, it will bring it back to its original position, and the United States is rather anxious to cut interest rates. But in case you don’t know. It may be possible to abruptly cut interest rates for taking preemptive measures.”

“Is the rate cut? No way.”

“If you are worried about the recession, saying that you will save the economy, this is a possible measure. All the indicators that are coming out are not good, so this is a position that I can think of at least once.”

Given the premise that there could be no interest rate hike, Lee Sang-hoon thought that the freeze of interest rates was the most likely and that there was a possibility of pulling an interest rate cut with a surprise card without impacting the market.

The index stopped falling with these interest rate decisions ahead. And, starting on the 5th and 20th lines, they were struggling to dominate the 10th line.

1,570 took control and looked towards 1,580.

The mayor was once again attempting to take a leap forward using the warmth of the United States.

In the end, the index rose close to 3%, closing at 1,978. Now, as long as tomorrow’s maturity and interest rate decisions are done well, moving towards 1,600 wouldn’t be a problem.

Lee Sang-hoon, who went to work as usual, looked nervous from the morning and laughed at the employees who went to work. Then I tried to relieve their tension by joking or talking to them unexpectedly.

Employees instinctively knew how important the seat to be today was. And when analyzing the market, everyone seemed to agree that today could be a turning point.

From the morning, broadcasts, newspapers, and other media were also keen on the decision of the Financial Services Commission today. This is because, at the time when most of the issues originating from overseas were cleared up, the decision of the FSC was the only ambush that could hold back the market.

“Is it possible to enter only after seeing the decision of the Bankruptcy Commission?”

“I do it again. Why do you react to each and every one? The seat we entered is in the early 1,600. It’s a profitable position just now, but I’m going to see something else.”

“I can’t help but feel anxious. And you’re weird who doesn’t care. How can you beat that much money, not just a penny or two, and be fine? Dongseo Securities also called me and asked if it was okay. Now, everyone is worried, but only you are fine.”

“I heard a lot of phone calls here and there yesterday. And he told me not to be too disappointed even if the quantity was shaken out by counter trading, but hehe. I was worried about everything.”

What I was saying over the phone in the sense of discussing what might be happening was that if the market moves contrary to the will of SH Partners and counter-trading goes out, don’t be too disappointed.

It was ridiculous that they were talking about counter-trading in a position in the profit section while thinking it wasn’t unreasonable that they were worried about it because they had pulled the leverage to the full.

“I guess everyone is looking up. That’s great. I only want to look down. It creeps in and it hurts when you look down. In particular, I was very reluctant to see places suspected of being the culprit.”

“criminal?”

“There are people and companies that go in the opposite direction when you enter. Recently, XX Securities said it was. It’s only once or twice. You can get in the wrong direction. If it’s three or four, but if I just ride, it means I’m the culprit. In that case, you have to reveal your position. For the public good. That way, look at that position and magazine the opposite position.”

“Are you joking in this situation? Ugh. I do not know.”

Hee-yeol Kim looked at Lee Sang-hoon, who was talking with a smile, and left Lee Sang-hoon’s office.

In fact, Lee Sang-hoon was also trembling. However, it was Lee Sang-hoon, who thought it was useless to try to be frustrated.

When inflation was lifted off due to oil prices collapsing faster than expected, the only thing that seemed to be the bad news was the subprime financial crisis.

And the financial crisis was trying to somehow close the FRB.

The exchange rate, which was the ambush of Korea’s bad news, also seemed to find stability, and the acquisition of Leeman Brothers from Korea Development Bank was not yet revealed to the outside, so it could not be classified as bad news.

The bad news was disappearing, and the good news was appearing in the market one by one. As the mayor thought, it seemed to be clogged down below.

“Beginning with the vice minister of finance, many people have expressed their will to freeze the interest rate.

“I expect so. But I’m worried about the story that went to the market a few weeks ago.”

“What was the story?”

“There has been a story that has been mentioned that increasing demand for wage increases due to inflation caused by oil prices is inducing interest rate hikes.”

“Oh, I also remember. There have been talks of many unions that strongly insist on wage increases next year in a situation where commodity prices rise and overall prices rise. It is already too early to talk about an increase in the minimum wage next year, but that means that inflation is steep.”

“Yes. Against the labor union, the executives’ federation is pressing the government to defend the rise of the minimum wage. This is the moment when I wonder what kind of decision the government will make in the midst of acute confrontation between the two sides.”

“Isn’t it the BOK’s decision to raise the interest rate though, not the government?”

“Systemically, however, the reality is that the BOK cannot violate the guidelines of the Ministry of Finance in Korea, especially in the current government. That is why the vice-minister of finance’s remarks became more noticeable.”

“Can we really raise interest rates now when oil prices are plummeting? It only takes time, but it seems like it is finally finding its place. So, isn’t the US also freezing interest rates?”

“Most experts, including me, expect that to happen. However, I am telling you that there is also such a perspective. In reality, the interest rate hike is a point where there is a lot of difficulty.

Even before the market started, broadcasts were keen to determine interest rates.

If it was usual, we would have talked about the range of payments by talking about foreign positions on maturity dates or the composite position of futures and options of institutions, but today he seemed to talk more about interest rates.

The interest rate decision of the Financial Services Commission at 10 o’clock was of interest to the market, whether it had an effect that the US interest rate decision was made just a few days ago.

Lee Sang-hoon took out a cigarette and asked.

‘surely… … . No?’

Too much attention was being paid to the decision of the interest rate that could be overturned, saying, “If I didn’t know it, I did.” Lee Sang-hoon felt a strange chill in the back goal because he knew that something big happened in this situation from time to time.

No matter how much I look at, there was no other option here than to freeze interest rates. Speaking of a surprise card, it was a rate cut, but that was close to an adventure.

However, the thought that the interest rate might increase when I think of myself and the books I keep looking downwards was getting stronger over time.

‘But the rate hike here would be crazy… … .’

It was an impossible story, but the feeling that something was about to explode in my heart kept tapping on Lee Sang-hoon.

Unlike the usual maturity, the index seemed to start from weakly. After all, the market seemed to be paying attention to the decision of the KFTC to be a little later than the expiration.

Lee Sang-hoon went out to the office after smoking consecutively in the office.

Employees in the office were also waiting for the results with anxiety looking at messengers, charts, and TV screens depicting the situation of the Financial Services Commission.

“What if there is a story here that interest rates are frozen and worries about inflation have eased?”

“Just be mean. Why do you think so negatively?”

If there were no other employees in the office, it was Lee Sang-hoon, who might have bothered with Kim Hee-yeol. However, on the one hand, I thought that Kim Hee-yeol’s appearance was the average individual appearance.

He was looking at the psychology of individuals instead through Kim Hee-yeol that this kind of anxious mind arises because they do not have faith in the position they entered.

The index remained at 1,575 so that there was insufficient expression that it was caught. Considering the volatility of maturity, it might be correct to say that all market participants are holding their breath.

It was waiting for the end of what was rated as the only bad news that could hold the stock market.

“The announcement comes out. The Bank of Korea raised the base rate from 5.00% to 5.25%.”

Quietness engulfed the office for a moment. And shortly thereafter, a rumbling sound began to be heard.

“Isn’t it wrong?”

“Is it really a 25bp rise? The BOK raised interest rates?”

“Why? What is the reason? Why did you upload it?”

Lee Sang-hoon turned and clenched his fist for a while. Something I didn’t expect to happen came to life, and I felt a sense of joy wrapped around my body.

korean novel God of stocks chapter 399

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