God of stocks chapter 427
Chapter 427 The Last Sell (3)
“I was invited to the Paris Collection with my XX sister this time. So while I was there, I took some pictorials and… … .”
Min Yoon-seo was constantly talking to Lee Sang-hoon, who could not take his eyes off the TV while brushing his teeth in the living room, sitting on the sofa. As if she wasn’t interested in whether Lee Sang-hoon listened or not, she was constantly pouring out what she was trying to say.
Lee Sang-hoon also kept his gaze on TV, whether she was talking or not. It was because there was a scene of Chairman Bernanke’s speech on TV. Bernanke was staring at the screen with a serious face and talking, and the screen subtitles summarized what Bernanke said.
“Hey. I can’t. Concentrate.”
Min Yoon-seo turned off the TV screen with the remote control. Then Lee Sang-hoon quickly looked back at Min Yoon-seo. She said, looking at Lee Sang-hoon, writing an impression.
“Are you listening to me?”
“I’m listening. I’m listening, so give me the remote.”
“I think not? You seem to be watching TV?”
“no. I really heard all of you. You said you’re going to the Paris Collection? He said he was invited there to go with his XX sister. I know everything. I know everything, so please turn on the TV.”
Lee Sang-hoon talked to Min Yoon-seo, but Min Yoon-seo shook his head vigorously with a face he could not believe.
“no. Focus on my words. Go to the bathroom quickly, brush your teeth, come here and sit here.”
Like a dog who listens well, Lee Sang-hoon brushed his teeth in the bathroom and ran toward Min Yoon-seo. Then she looked up and laughed while sitting on the couch. It was because I instinctively felt that I should not touch her plant as much as possible.
“I’m done with TV. Quickly.”
“Good. Then, if you listen to all of my words, I will play them, so listen to me first.”
“Okay. Talk. I will concentrate and listen to everything.”
Lee Sang-hoon knew that doing everything she wanted to do everything she wanted would quickly end it, and faced each other and tried to listen to everything she said. However, it was unavoidable that I was still worried about TV.
Her words kept lingering in my ears, but I couldn’t hear what she was saying. His head was filled with just the appearance of Bernanke’s speech.
“… … . So, I reserved the ring, so you can go find the ring with this one. You can’t lose it.”
Min Yoon-seo gave out a piece of paper. Part of the title of the movie starring Audrey Hepburn was written on a piece of paper. It seemed to be a piece of paper to match the size of the ring or exchange the ring kept for setting.
Min Yoon-seo noticed a little while watching Lee Sang-hoon looking at the paper. She looked at something Lee Sang-hoon was saying, but not saying anything made him feel that Lee Sang-hoon was still caring about TV.
She said quietly.
“so… … . I’m going to book a restaurant too. Then you can find the ring and come to the restaurant. Don’t forget to buy a bouquet… … .”
She spoke and looked back at Lee Sang-hoon’s eyes. Lee Sang-hoon looked up at Min Yoon-seo when asked to find a ring after making a restaurant reservation for the bouquet.
“You want to buy a bunch of flowers and come?”
When Lee Sang-hoon questioned, Min Yoon-seo turned on the TV with a remote control from behind his waist.
When Bernanke appeared on TV again, Lee Sang-hoon’s eyes quickly returned to the TV. As if he had forgotten to have questions and tried to ask Min Yoon-seo for something, he was focusing his eyes on Bernanke’s speech. Min Yoon-shi laughed as if satisfied with Lee Sang-hoon’s appearance.
“Did you understand me well? Or would you like to talk again from the beginning?”
“uh. uh. Ok You mean, after finding the ring, buy a bouquet and come to the restaurant? You don’t have to talk in the first place. I understand everything.”
In case Min Yoon-seo might turn off the TV, Lee Sang-hoon hurriedly answered that he knew what Min Yoon-seo said. He still hadn’t looked away from the TV, and his ears were focused on the story coming out of the TV.
Min Yoon-seo laughed at the appearance and watched TV with Lee Sang-hoon.
“Look so crazy about what comes out. Please let me know.”
“uh. That uncle is talking about something important.”
Bernanke’s speech was still continuing where Min Yoon-seo looked away.
“What do you say? Are you good at english? I can go anywhere to talk, but it’s hard to understand that kind of speech, but I guess you understand well. It’s surprising?”
“Do you understand the speech in words? You recognize it with the expressions of those who are listening. And it’s kindly subtitled at the bottom. After understanding the meaning with the subtitles, you can look at the atmosphere with the expressions of the audience listening at the scene.”
Min Yoon-seo nodded. I did not know exactly what Lee Sang-hoon was talking about, but it was because I knew how to understand it roughly.
“What’s the mood right now… … .”
Lee Sang-hoon was excited when Min Yoon-seo became interested in TV, and tried to explain in a lengthy way, starting with who the person who appeared on the screen right now. However, after hearing only the first few words, Min Yoon-seo’s interest disappeared.
“done. Don’t explain. head hurts.”
In order not to listen to the story, Lee Sang-hoon became sullen by the appearance of Min Yoon-seo and stretched his shoulders. Min Yoon-seo stared at the screen with Lee Sang-hoon as if it were interesting.
Bernanke’s speech, which Lee Sang-hoon and Min Yoon-seo were watching, was a speech at the New York Economic Club and was being broadcast live by CNBC. This was because it was Bernanke’s first speech after a sudden change in the stock market, which was rated as the best or worst ever, and people were interested.
Min Yoon-seo began to quietly ask again about his speech if he felt that it was good for Lee Sang-hoon to pay attention even if he did not understand it.
“So what do you say?”
In the appearance of showing interest again, Lee Sang-hoon explained the current situation more simply than a lengthy explanation.
“We are trying to calm down the current crisis, but we are talking in a way that these efforts will not immediately lead to an economic rebound.”
“Is that good or bad for you?”
“To me? Looks good for me… … .”
A smile was drawing on Lee Sang-hoon’s face. As I watched the results of the New York Stock Market appearing in split screens along with the speech, I couldn’t help but smile on my face.
This was because the US stock market showed a profound decline, returning all of the last surge.
Min Yoon-seo patted Lee Sang-hoon’s face saying that he did well as if he knew Lee Sang-hoon’s facial expressions, and Lee Sang-hoon shrugged his shoulders and rejoiced like a child with a confident face.
Greeting Lee Sang-hoon, who went to work early the next morning, was a report containing an evaluation of the Bernanke speech that took place the day before.
Along with the evaluation of Bernanke’s speech, there was a story that the market was dominated by the sentiment that the US economy had entered a deep recession due to the deteriorating economic indicators.
“Even in the Beige Book, inflation is not a problem anymore, and there has been a talk of concern that the economic slowdown is spreading?”
Lee Sang-hoon looked through the report and nodded at Kim Hee-yeol’s words.
“I have to do that, because prices are not a problem now. Rather, it is a situation where inflation must be deliberately triggered and the economy should recover. If you make a mistake like this and enter deflation, you will hit the goal in the real situation.”
“But why does Korea care about inflation?”
“I am not. Maybe only our country belongs to another planet.”
Before the start of the market, there was a story in the news that the government was still making inflation control as a top priority. The collapse of the US market the previous day and the fear of deflation in the United States were reflected in other world stories.
The stock market began to answer the consequences of the government’s misguided policies.
“Wow. awhile. I have to go out to the office.”
Kim Hee-yeol, who comfortably watched the contemporaries in Lee Sang-hoon’s office, woke up on the couch in surprise. Normally, Lee Sang-hoon would have made annoying signs of getting up and taking off his buttocks when he said a sigh, but this time he didn’t even tell him to get up, but it was showing that the situation wasn’t unusual.
The previous day, the US Dow Index collapsed by more than 700 points, and S&P and Nasdaq had fallen close to -10%, so I thought there would be a deep decline.
However, even if the United States showed a collapse in the meantime, I imagined that it would stop at an appropriate position because it was a KOSPI that had a stronger appearance than the United States.
However, the KOSPI, which showed a big drop from the same bid price, was starting at around 1,250, a drop of -6%.
Lee Sang-hoon also thought that the atmosphere might not flow easily today, so he got up from his seat and went to the office to check the KOSPI movement with everyone.
Eventually, the KOSPI started at -6.1%, or 1,258.
“This is a Kospi sidecar.”
It was a sidecar in 6 minutes. In the case of the usual Kospi, there was an effort to reduce volatility by noticing after the sidecar was activated, or to convert to an uptrend based on this point.
But today it was different.
“It keeps falling. I guess there is something wrong with this. It’s not like the usual KOSPI.”
“I can do that. Didn’t you endure well? People’s minds are imprinted with the perception that they stand up well, so you need to change that perception at least once. I guess today is the day.”
The index continued to deepen the depth of the decline, whether it was trying to overturn the imprint as Lee Sang-hoon thought.
Around lunchtime, major banking stocks entered the lower limit and cut the first tape of the lower limit. Then, metal stocks, construction, machinery, securities stocks, etc. entered the lower limit, and shipbuilders also entered the lower limit, and began to paint the color of the electronic board in blue.
“It’s the lower limit. This is… … .”
The lower limit stock was over 100. If the stocks that went in and out in the middle were added, it was close to 200, and if the stocks that fell by more than -10% were calculated, it was over 500.
With only 50 rising stocks, all of the Kospi’s stocks were engulfed in the bombing.
“It is said that the Vice Minister of Finance appears on KBS Radio. People in the current regime seem to love appearing on the radio. Things aren’t good, but what are you going to talk about on the radio… … .”
“Where does it come from?”
“It is said that it appears in a program conducted by MinXX, a former KBS announcer.”
“I guess MinXX is the government’s trumpet man. Let’s watch. Come out and say what.”
While looking at the practitioners of this regime who only liked radio during the broadcast, I had a strange thought, but Lee Sang-hoon’s expression of ‘a trumpet’ made me think that it could be.
Vice Minister Kim Jung-soo appeared on the radio conducted by MinXX and explained the policies conducted by the Ministry of Finance.
The Ministry of Finance said that it is preemptively responding to the exchange rate without affecting the current price. In addition, the government said in a strong tone that it will take all measures to stabilize the financial market and is ready.
However, the announcer’s request for details was not answered, like a dumb dumb.
And in the story that followed, the current account could not escape the deficit this year, but he tried to avoid the specific policy story a while ago with a hopeful story that the current account will be drastically improved from next year to maintain a surplus.
In addition, in the case of long-term funds, there is a possibility of introducing tax incentives, so the radio ended with a request to refrain from fund runs.
“After all, there is nothing. Why did you come out Didn’t you say you met this person last time?”
“I met you.”
“Who are you? Are you such a foolish person?”
“Well, because this person is stupid, would you like to tell a stupid story like this now? As a whole, everyone has no idea right now, so they might come out and talk about this as a countermeasure. Anyway, this vice-minister isn’t a person anywhere else. He was promoted from the Ministry of Finance and was chosen because the regime and the code match. In the end, I’m only a spokesperson for the government’s economic policy.”
Min-XX tried to wrap up the government’s countermeasures in a plausible way, taking over from the Vice Minister’s words, but only repeating the same words as if there was no countermeasure.
Also, whether they felt that the Vice Minister’s announcement of the measures was futile, the Ministry of Finance is urgently considering supplying an additional $10 billion worth of funds to the bank, and it was revealed through the media that this measure is one of the many alternatives the government has. .
“no. Don’t just talk about your thoughts, just do it… … . Ugh. Jerk the. We’re making money because of these, but it’s really frustrating. Who pulled this? Did you pick a bulldozer uncle?”
“Don’t you say you chose it?”
At Lee Sang-hoon’s words, Kim Hee-yeol looked up and thought about it and answered.
“right. I chose it. Well at that time, there was no one to draw, so I drew it… … . Wow, this is too bad. As for the countermeasures for the crazy guys, there’s nothing really going on, just talking about the imagination in my head.”
“Did you not talk about it before? Thanks to that, we make money… … . I just think we make money because the bulldozer doesn’t have an idea. Look, it wasn’t the bulldozer uncle. We can’t be comfortable selling in this way.”
In the absence of any countermeasures, the KOSPI fell down to -10%. However, the circuit quickly returned to the -9% level and continued until the deadline, as if not tolerating it, ending at 1,213 points, a drop of -9.4%.
Although the circuit did not come out, it recorded the deepest decline since the -12% decline in the 9/11 terrorist attacks, and 126 points, the largest point in terms of points.
Foreigners poured out more than 600 billion dollars, and individuals took the amount, and institutions made 25 billion purchases and took the form of bystanders.
Although I kept 1,200, I wondered if I would have kept 1,200 if the place to break 1,200 was a place where the circuit did not take place. The decline in the index was so deep that resistance to the circuit appeared stronger than resistance to the index band.
korean novel God of stocks chapter 427
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