Font
Large
Medium
Small
Night
Prev Index    Favorite NextPage

Chapter 1,393 The Big Day(1/2)

I have to say that the recent performance of the Japanese stock market is indeed good.

So far in January 1987, the Nikkei Index has been running wild and out of control.

The Nikkei 225 Index has risen from 18,000 points to 26,000 points, and the Nikkei Stock Price Index has exceeded 20,000 yen.

The total market value of the Japanese stock market has reached 2.888 billion US dollars, accounting for 39% of the world's total, surpassing the United States to rank first in the world.

The stock price of Japan's NTT Company alone is higher than the combined stock prices of Allianz Insurance Company, BASF Group, BMW, Daimler, Deutsche Bank, and Thyssen Steel Group.

During this period, Japan's capital market had only one bull market correction that lasted for more than sixty days and was worth 2,000 points, and then resumed its high-profile rise.

What was especially lucky for Ikuo Zhou was that when he made a big bet and decided to fight to the death, he happened to buy a small pit that was in a recovery upward trend.

Just one day later, the market surged by as much as 3%.

However, in just a few days, the Nikkei Index completely recovered its early losses, setting a new index high on heavy volume.

All stocks have risen to varying degrees.

On some trading days, it seems that only "price limits" can limit the rising power of certain stocks.

It can be said that in such a market, it doesn't matter what you buy, what matters is that you participate in it.

As for Shu Fang Ikuo, he is certainly the luckiest person.

This time he placed a full bet, and almost did not feel any risk or the pain of being tortured by the stock price. He enjoyed the sweetness of a huge increase in stock assets, and outperformed the market index by a full two times.

How could he not be obsessed and fall into false arrogance?

He is not the only one who thinks so. At this time, almost everyone involved in the Japanese capital market thinks so.

Throughout the 1980s, Japan seemed to have become an ideal utopian society because its people had the highest quality of life and longest life expectancy.

At the same time, Japan became the world's largest creditor country, and its per capita GDP was also the highest in the world at this time.

Even with the use of robots in Japan, many Americans worry about their workforce being outdated.

Japan seems to have turned into a flawless realistic utopia, Japanese company has become a popular term, and business inspection representatives from all over the world are trying to find the secret of Japan's success.

At this time, the Japanese were far more confident than Americans in the 1920s.

These self-confidences have been confirmed by reality in Japan's property market and stock market.

Even if you are an ordinary worker or waiter, as long as you are Japanese and invest in stocks, even if you do not add financing leverage, even if you choose stocks at random, you can easily get more than 50% of the income in this year.

How is this not crazy?

So just because the Nikkei stock index reached a new high, the Japanese began to look forward to the future again, drinking champagne in the exchange hall and celebrating wildly.

Many big speculators involved in capital speculation believe that the most beautiful thing about this game is that the market has unlimited possibility of rising. At the same time, abundant funds everywhere ensure that the market will not fall.

As financial experts have pointed out, many domestic banks in Japan have large amounts of funds that they are unable to lend out.

And even if it is released, it will be difficult to invest in physical manufacturing due to exchange rate reasons.

Is there any more profitable project today than land and stock speculation?

The destination of these funds seems to be certain and there is no choice.

This view has naturally made securities speculation, which was already hot enough, look even crazier recently.

As a result, many government agencies become empty during stock trading hours, and some cold yamen directly stop services during trading hours. Only after the trading hours are over, these civil servants will return to their offices one after another.

The situation is the same in university. Students from Keio University's Department of Finance, led by those students, have become accustomed to skipping classes every day.

Some primary school teachers’ in-class quizzes ask questions about stocks purchased by academic parents.

Taxi drivers refuse to take passengers because they are afraid of missing the transaction time. It is daytime, and customers who want to take a taxi have to bear the pain and pay 10,000 yen to take a taxi in order to impress the driver and meet their travel needs.

What's more, those girls who have just gained nominal equal working rights, many of them choose to quit their office jobs and join the "night part-time job" in order to be able to trade stocks on the exchange.

The most frightening thing is that high school girls are trying every means to make money, and the phenomenon of social assistance is becoming more and more widespread. What has changed is the original intention of these girls to sell their bodies.

Their initial desire to get enough money for consumption and purchasing luxury goods has turned into an "investment consciousness".

They will use the money they earn in this way to invest in stocks.

Complementing this is the increase in social personal consumption credit.

A large number of company employees began to patronize microfinance companies even though they were clearly not in urgent need of money.

And their tolerance for interest is not low.

The monthly interest rate is 3% to 3.5%, which is acceptable, much higher than the previous market rate of 2.5%.

For no other reason than because they took out loans not for consumption, but to invest in the stock market.

They think it is almost easy for the stocks they buy to rise by 3% within a week, which is enough to pay the monthly interest of the small loan company.

The increase in the other three weeks is your own profit. This kind of cheap thing can't be more cost-effective.

Although the conservative forces in Japanese society oppose this kind of behavior that is contrary to traditional moral concepts, more clever market players and securities companies welcome and encourage these "entrepreneurs" who do everything possible.

This is in line with an old Chinese saying - laugh at the poor but not at the prostitute.

On the contrary, those few people in Japanese society who make choices that go against the general economic trend have become the objects of ridicule.

For example, Rinko Kagawa has never been interested in stock trading and has no sense of urgency about buying a house.

For example, after listening to Ning Weimin's advice, Director Taniguchi cashed out most of the stocks in his account and enjoyed the fruits of victory in advance.

Another example is Sagawa Kenichi, who, during this period of rapid expansion of securities companies' business, surrendered and gave up the honor of being the number one star broker in business. Now he is just lying on the ground and just being a salted fish...

For them, the more lively the stock market is, the more criticism they will receive.

This is not as easy as you walking forward and me walking backward, passing each other and saying "SB".

Instead, almost everyone opposes and rejects them, treating those who insist on themselves as idiots.

On weekdays, no matter at work or in life, there are always people waiting for the opportunity to show up, start chatting, and constantly use different methods to show off, ridicule, ridicule, and tease the nerves of these unique people.

Frankly speaking, in a social environment like Japan that requires "reading the air", these people are almost social dead, and are almost excluded from all social relations.

Even their own relatives may question it.

Sisters like Kagawa Rinko will inevitably worry about her future, fearing that she will not have a stable place to live.

Mrs. Taniguchi also couldn't stand being teased like a fool because her neighbors made irresponsible remarks or showed off in front of others.

Sagawa Kenichi had to look at his wife's face and endure the long sighs and sighs from his wife who were disappointed with his future.

To put it bluntly, without a strong heart or numb nerves, it is really difficult to resist this kind of pressure that hits your face all the time.

However, it is the law to prosper and then decline, or whether it will prosper and prosper.

And the most important rule in this world is that there are always fewer happy people than unhappy people.

God has never been able to benefit all living beings and make most people rich at the same time.

Time soon came to a time point that Ning Weimin was very concerned about - October 19, 1987.

If not for anything else, just because in the original history known to Ning Weimin, the bull market running wild around the world will come to an abrupt end on this day of the year, known as "Black Monday" in history!

According to original history, the New York stock market on Wall Street will experience the largest crash in history on this day.

The Dow Jones Industrial Average plummeted 508 points, a drop of 22%, and the stock value lost in one day was twice what was lost in the 1929 Wall Street Crash.

During the week of Black Monday, the New York stock index lost $500 billion, which was equivalent to one-eighth of the U.S. gross national product that year.

Immediately afterwards, the plummeting frenzy of the U.S. stock market caused huge panic around the world, and quickly spread to almost all major capital markets in the world.

This disaster can be said to be the most serious stock market crash that the world's capital markets have suffered since the Great Recession in the United States in 1929.

Throughout October, the US stock market value lost 800 billion US dollars, Japan lost 600 billion US dollars, the UK lost 140 billion US dollars, the Gulf lost 32 billion US dollars, and the Hong Kong city lost 30 billion US dollars.

This stock market crash caused a total loss of US$1.792 billion in the world's major stock markets, which is equivalent to 5.\n3 times the direct and indirect economic losses of US$338 billion in World War II.

As a result, many millionaires around the world became poor overnight, and tens of thousands of people suffered mental breakdowns and committed suicide by jumping off buildings.

After the stock market crash, although many people put forward different theories, they believed that the causes of the stock market crash included program trading, excessive stock prices, insufficient liquidity in the market, herd mentality, etc.

Some people even think that the British typhoon was also one of the causes of the stock market crash - the 1987 typhoon occurred on October 16 (the Friday before the stock market crash). During this period, London, one of the world's financial centers, was severely affected, and many London brokerage and financial industries

The person cannot go to work that day.

Since there was no international online trading at the time, a large number of open trades could not be delivered before the weekend, and the relevant open trades had to wait over the weekend. This made market participants uneasy and triggered panic selling at the beginning of Monday's trading day.

.

But in fact, among the various analyses, there is no one that is convincing enough, and there is no consensus that is recognized by the majority of people.

In the end, countless financial experts can only say that the stock market crash was the result of a complex combination of causes, which even included certain coincidences and accidental factors.

So to be honest, before this day actually came, Ning Weimin was not sure whether the world would be affected by him, considering the butterfly effect caused by his time-travel cheat.

He was unsure whether the incident would be detonated in advance or delayed.

The only thing he can be sure of is that destiny cannot be violated and it is hard to recover. The global stock market crash that is supposed to happen will definitely happen. There is no doubt about this.

And all he did was mention being prepared.

For example, he communicated with his stockbroker Kenichi Sagawa to formulate a plan to deal with emergencies for the stocks that were still in his account and had a market value of tens of billions.

I also told Matsumoto Keiko's chief financial officer, Mitsuru Watanabe, that before I return to Japan, I must guard Matsumoto Keiko's money bag and not get involved in the stock market easily.
To be continued...
Prev Index    Favorite NextPage