On March 8, today in history, a great event happened.
On March 8, 1909, it was designated as international working women's day.
On March 8, 2009, there was nothing special, but the American people who saw the latest Los Angeles Times in the early morning were completely covered by today's front page headlines.
"The best time to fall"!
Andy Smith, touted as the financial genius of the new century, made specific comments on the stock market, which made the United States see the extraordinary in this "stock review".
“。。。 The harder the crash, the harder it is to copy the bottom. For stock investors, when they are in a slump, it seems that they are a pair of twins who are determined to invest in information and overcome their fears, and they will torment us forever
This article is like a stone falling into a stagnant pond, splashing with water and ripples.
It's just that even Andy, the founder, can't predict whether the rocks falling into the dead water are meteorites or pebbles...
As one of the three largest newspapers in the United States, the Los Angeles Times has a very large sales volume. Even if the paper media declines, the big newspaper is the big newspaper after all.
The article was also reprinted in the morning news of major TV stations, and economists were interviewed by telephone, and experts asked their opinions to interpret the unusual article on trust market.
For a while, on the morning of March 8 in the United States, the calm was completely broken, and the American people were all lifted up. After all, it's about money bags and economic recovery. No one would think that Andy Smith, the successful super rich, would be irresponsible nonsense.
No one thinks he's joking when he thinks about his rise as a legend!
Of course, there are many people who don't care about the contents and opinions of Andy Smith's article, which arouses thousands of waves.
However, these have been unable to stop the enthusiasm of the media, Andy Smith's stock review, whether accurate or not, is their media Carnival Festival, is the guarantee of sales and ratings.
“。。。 This reporter interviewed economists from top financial institutions, companies and academic institutions for this reason. Most of them believed that the continuous contraction of personal consumption spending, further sharp decline of real estate investment and declining exports would lead to the continued deterioration of the economic situation in the first half of this year.
At the same time, however, economists predict that Andy Smith's article is similar to his last year's "I'm buying American stocks".
Last year, he called on investors to "bottom" the US stock market. But to his embarrassment, the Dow Jones Industrial Average has fallen from more than 8800 at that time to more than 6500 today.
Although he didn't regret it, looking back at Andy's article at the moment, Warren Buffett had an exclamation in his heart that he hoped the article would be published a few months later.
"Shetter --"
suddenly, something happened. Warren Buffett, who was still sighing, had a sudden change of face and a rude expression. He just thought of yesterday's interview with CBS financial program for an hour. In the program, although he said that he was still optimistic about the long-term economic prospects of the United States, he also said that the American economy had "fallen into suspension." Cliff, close to the worst situation he could imagine.
Face again?
Warren Buffett's old face is hot, he reaches for the phone on his desk, but when he reaches for the phone receiver, his brow is frowned, and his eyes turn to the article in the newspaper again. At the moment, Warren's heart is very tangled, but he doesn't believe that Andy Smith will really "copy the bottom to buy America" at this time, let alone that American stocks will really cause For Andy Smith's copy, immediately rebound, unless God is really on the boy's side!
While Warren Buffett was struggling, there was news on TV about yesterday's president's prediction of the stock market.
“。。。 If you look at it in the long run, the P / E ratio shows that buying stocks now is a good choice. "
Hearing this sentence from aoguanhai on TV, Warren Buffett, with a frown on his brow, shakes his head and laughs, takes back his hand on the phone, which looks like a taunt or a self taunt Mur, "how far is the long run?"
In the long run, it may be really long and far, exceeding the expectation.
Warren Buffett is very clear that the current economic situation in the United States is not optimistic. In terms of the general environment, the financial crisis is still deepening. Affected by this, the real economy is not as good as a wok.
The fact that US Treasury bonds have reached more than US $100000 billion and are growing at an average rate of US $3.1 billion per day has made us issue seven-year bonds every month since the end of last month, the first time since the termination of such bonds in the 1990s. In social life, the unemployment rate of various industries is still high, and more and more people have lost or are facing the fact that they have lost their houses. More than 30% of the once carefree Americans have tossed and turned and are unable to sleep.
In such a real situation, the U.S. stock market will suddenly end its continuous decline and rebound against the trend?This kind of possibility is really small. I really think he is Andy Smith!
Andy Smith's call to copy the bottom may be a joke in many people's eyes. He wants to wait until the opening to see if he is fooling people, and to see if he has suffered heavy losses. After all, Warren Buffett, the God of stocks, has admitted defeat.
There are those who want to see a joke, naturally believe in Andy Smith's bottom reading viewpoint, and are willing to follow him to take a chance, especially those investors who have bought gold, successfully avoided risks, and made a lot of money with him. They are more convinced of Andy Smith's prediction and are ready to follow the lead blindly after the opening.
Also want to see joke, have prepared to follow blindly, as for sitting on the White House breakfast table of aoguanhai, looking at the article in the newspaper, glad Andy Smith's "money" efficiency and integrity, but also for Andy's greed and shameless feel a bit of shame!
“。。。 Ha ha, I have never heard of any professional investor. One of his investment strategies is to listen to the President... They may listen to economists or the Federal Reserve, but they will never listen to politicians. "
was still in the heart of Andy, who was a dishonest businessman, and make complaints about TV news. Well, it's black and red. Some gnash their teeth at the invited economists and the so-called Wall Street investment strategist in the news studio on the TV screen and laugh at him, the most popular new president of the United States.
"So what do you think of Andy Smith's copycat remarks in this article? Is it true that, as he said, the U.S. stock market has bottomed out at this stage, and the stock market will turn right away? "
The host's question stopped the smiles on the faces of several experts who were laughing at the scene. After pondering for a while, he began to look around and put out various economic data, that is, negative comments on Andy Smith's remarks.
"These bastards!"
The so-called experts and scholars who used to laugh at him and make fun of his words almost burst out of old blood when they met Andy Smith's negative comments.
"Too much bullying on the president!"