Every era has its own high-performance stocks. Thirty years ago, today's steel, now cars, electronics after World War II, and the Internet in the 21st century. The stock market always needs such high-performance stocks to be the king of stocks to revitalize the market. As long as the stock market exists, there will be stocks of such companies, and they can serve as the weather vane of the stock market.

The most important part of the stock market now is steel-related stocks, two steel companies with a market value of more than US$400 million, Carnegie Steel, which was taken over by Sheffield and Rockefeller, and the American Steel Company merged with Morgan. If there is one more thing, it is the Tennessee Mining and Iron Manufacturing Company in Morse.

In the early 20th century, the growth of the United States was also based on infrastructure. The demand for steel naturally made steel the most important part of the stock market. Therefore, once there is a problem with the stock market, the stock market crash will really come. Now the banking run is uncontrollable. Once the stock market is having problems, the financial industry will risk a collapse.

When doing things, especially doing bad things, you must start quickly and never drag it down. After all, the first rule of slave owners is, what is the biggest disadvantage of doing bad things? The answer is that you have not done bad things at all.

As an upper class person, Moores understood Sheffield's purpose, to destroy the stock market, and major banks were run. Once bankrupt and liquidated, depositors who did not withdraw money could be said to have lost all their money. If the stock market collapses, the entire financial industry will fall into the abyss. After understanding this, he looked at Sheffield with a little fear, "It's so scary, why is this?"

"I have been bankrupted by bankers, and speculation failed. I still have time to be sad for others. Mr. Morse, you are such a kind person!" Sheffield said sarcastically, "I would have known you earlier. The more friends you are like, the less competition the business will reduce. How good is that? Think about your trust company!"

Trust and investment companies enjoyed many businesses that banks could not operate at the time, and government regulation was very relaxed. All this led to trust and investment companies over-absorbing social funds and investing in high-risk industries and stock markets.

The reason for the bubble is the general environment. Heinze and Morse are just one of them. This trend was not brought up by the two. If any trust investment company does not invest most of its funds in the stock market, it means that their yields will be far lower than other companies in the same industry, which means that their customers will abandon them without hesitation and turn to the arms of other trust investment companies that are willing to invest in the stock market.

A more free environment and greater profits are the reasons why trust companies are attacked by bankers? Don’t cheat once and have time to pity others. Morse is so kind.

Listening to the slave owner's ridicule, Morse felt deeply ashamed. He actually had a conscience? He settled Shinto, "I want to know the specific method, why do you do this."

"Although this Wall Street Civil War has nothing to do with me, I think it is a good opportunity. But through normal means, I cannot confront a group of bankers with rich financial means. The current rules are set by them, which is very fair to me. That is to make the rules not exist, the crisis has expanded and become more serious, and to break down the current rules, I and them are at the same starting line." Sheffield opened a bottle of red wine and poured a glass of it for the few people in front of me.

"But once the financial system collapses, it will eventually be passed on to the industrial company." Heinze linked the two parties, and financial institutions and physical companies are not completely separated, nor can they be separated.

"I still know this basic connection!" Sheffield picked up the wine glass and said relaxedly, "So I am not panicking about how much the company's listing has fallen. I can only basically not panicking when it comes to other industries. There may be bankruptcy and unemployment waves in a short period of time, and small and medium-sized enterprises may not be able to withstand it, but so what? It's just temporary. When these small and medium-sized enterprises go bankrupt, my company will only become stronger after the market is empty. And this is good for you. If the crisis ends here, you are just losers and have no other attributes."

"If the crisis is faster and more intense, and the bankers attacking you are also losers, aren't you equal? ​​I'm all for your own good."

"So I have to take the initiative to let the stock of the Tennessee Mining and Iron Manufacturing Company, which I control, collapse, bankrupt the last industry in my hand, and complete Mr. William's plan. Is that true?" Morse smiled and said, "No profit will come up early. If Sheffield does not provide certain compensation, how could he agree to this matter?

"Dear Mr. Morse, I can give you five million dollars in cash, not promises, but cash you can get now. When you return to New York, I can immediately let Mr. Blair cash. The kind of thing that someone takes over is money, and no one takes over is a piece of waste paper." Sheffield puts himself in his shoes, "Even if you do nothing now, the stocks of Tennessee Mining and Iron Manufacturing Company are delisted in ten days, and you take the initiative to sell the stocks. If it goes well, you can make the stock market that has fallen in one day. Think about this problem carefully."

"Bules kill longs!" Heinze was next to him listening to the slave owner's thoughts and took a breath.

"That's fine. I, the bull, have already been prepared to not make money. After the crisis, whoever has cash in his hands will be the real winner." Sheffield couldn't help but give Heinze a thumbs up. What is professional? This is called professional!

Long kills longs! Long kills longs is a situation where stock traders generally believe that the stock price will rise on the day, so they compete to trade longs after the exchange opens. However, the stock price does not rise sharply, and longs cannot sell at high prices, which causes the stock price to fall sharply at the close.

Generally speaking, in the stock market, if there are too many long positions, the buyer will have a strong force, and the stock market will have an oversupply phenomenon. The stock price will rise in a magnitude, and the bulls will make a profit at this time. However, if there are too many short positions in the market, the seller will have a greater force. At this time, the oversupply phenomenon will occur in the market, so that the stock price will fall and the shorts will benefit.

But in fact, it is more appropriate to use more to use more financial attacks. Sheffield does whatever your future stock market will be like. Anyway, at the beginning of the century, the United States has such a good industrial foundation, and it will always recover in a year or two. Now someone wants to be a long man, and he will follow the other bulls and kill all bulls and bears.

Why can't the big stock market crash always stop? It is that there are situations where there are more kills and more. For example, in the U.S. stock market a hundred years later, there are actually sovereign funds of many oil countries. These sovereign funds are generally oil countries with small population but very rich people. If the U.S. is extremely powerful and controls everything. These sovereign funds are placed in the U.S. stock market, which plays a pallet role, and can also help the U.S. stabilize the U.S. stock market and show loyalty.

But once the United States has a precursor to an economic crisis, if these sovereign funds feel that a major stock market crash is about to happen, they will cash out without any means and take back the cash flow as much as possible. The more they kill, and the more they will appear. Generally, longs will be killed by these longs composed of sovereign funds. In order to get as much cash as possible, they will start killing no matter who they are, yesterday's bulls will become shorts, and shorts and longs will be converted into each other is a common thing.

Some forces enter the market and think they are short sellers, but larger forces will treat them as long sellers, and the previous short sellers will naturally change their identities.

"I agree, but it's just that it's really successful. I hope Mr. William will not forget my help. I don't say I am a victim. It's our mistake to pay tuition at the copper price. If you want to restore everything before, you still hope Mr. William." Morse thought for a long time, and after getting a five-million deposit from Sheffield, he took out his other half of his property and gambled.

That's right! The bicycle turned into a motorcycle! Sheffield nodded and said, "Everyone else is dead, I am the only one who is left to occupy the market. Am I the winner? I am the winner. How could I forget you?"

"We'll go back overnight!" Since we had made up our minds, Morse didn't talk nonsense. He took advantage of the big banks' busy dealing with the run, and launched another battlefield in the stock market. Since he had been beaten by a group of bankers, he would fight to the end.

"If several gentlemen can turn defeat into victory, this will be a classic case in the history of finance. Mr. Barney, Mr. Heinze, Mr. Morse, your success in the fight back will make all financial institutions talk about it." Sheffield stood up with satisfaction, and everyone was about to leave. As the male owner here, he naturally had to send off a warm farewell.

So far, eight million US dollars have been spent on these people, but as long as the final result is good, Sheffield is completely acceptable to these slight losses.

Looking at the backs of the three of them leaving in a hurry, Sheffield smiled happily, hugged her bare hands, Edith Rockefeller's face pressed against the slave owner's back, and rubbed it.

"What's wrong?" Sheffield spoke gently. Although he didn't like to turn his back to others, he had to decide who he wanted to do.

"If the stocks of Tennessee Mining and Iron Manufacturing Company plummeted, with the current status of steel stocks in the stock market, will Carnegie Standards United be affected?" Edith Rockefeller said with some concern, "We will not suffer losses in this way?"
Chapter completed!