131. Collapse and torture (on the shelves, please subscribe)

The next period of time was extremely painful for the United States.

What is most afraid of when it comes to things like the stock market is the collapse of confidence among investors.

But now it is obviously collapsed.

Since the two planes hit the Twin Towers, causing both of them to collapse, investors' confidence has plummeted, and it is difficult to raise them.

Therefore, the United States decided to close the market if it was absolutely necessary.

It is expected to open until September 17.

During this period, senior American officials were already trying to find ways to deal with it.

On the one hand, rescue should be sent urgently, and the best efforts should be made to rescue all the injured or affected by the collapse of the Twin Towers.

In addition, quickly investigate the cause of the incident, and then publish the clues and investigation results so that the general public can feel at ease.

A statement must be issued to severely condemn this terrorist act.

Everyone realized that the sharp drop in the US stock market was an inevitable outcome, and the key was how to minimize losses.

To this end, the Federal Reserve and the European Central Bank suddenly cut interest rates by 0.5 percentage points respectively to stabilize people's confidence and support the stock market.

American Secretary of State Powell held a press conference on September 13 to announce that the Pentagon Light was locked as the number one suspect in the 9/11 incident.

The House of Representatives used force against terrorists when it agreed to authorize the straitors on the evening of September 14.

According to American polls, 90% of American people support the US's forceful attack on terrorists.

...

In order to further enhance the confidence of investors, major TV stations and news media also brought out the stock god Buffett and asked him to endorse Miguel.

The United States closed its stock market on September 11. Lao Ba knew that as soon as the market opened, the stock market would fall wildly.

So he must be ordered to give the stock market confidence in the face of danger.

Lao Ba spoke through TV and said that he would not sell stocks.

If the stock market falls, that is the time when he buys.

Lao Ba said, "I believe the US economy will overcome the terrifying waves."

The media also commented, "Buffett uses his credibility to endorse the stock market and the US economy. Buffett is the kind of person who combines knowledge and action. He said he would buy if he could buy, and he would sell if he didn't like it, so this is where his credit lies."

But Lao Ba's credit is obviously not enough to reverse the panic caused by horror.

After the stock market reopened on September 17, Dow Jones plummeted 7%, and the Federal Reserve also intervened and lowered interest rates to support the stock market.

But Dow Jones still leaked 14% in a week, setting a record of one-week decline.

Moreover, insurance stocks and aviation stocks have become the hardest hit areas.

Although Buffett's Berkshire had a plan, it also lost $2.3 billion, which is higher than any earthquake and typhoon in history, and 1.7 billion of the losses came from General Reinsurance.

In fact, Buffett was prepared for terrorism. In May, he told General Reinsurance and Berkshire Reinsurance to reduce the buildings and customers that are concentrated in terrorism risks.

Even taking the example of the World Trade Center, Buffett's business has become the only insurance company prepared for terrorism.

There are even many people who use conspiracy theories to suspect this -

Is this incident directed and acted by the United States? As Lao Ba, who has a relationship with many senators, has obviously gained some inside information, so he can prepare in advance.

However, the final investigation results did not have any substantial evidence to show who did this.

As the US stock market falls, the stock markets in other countries are unlikely to improve. The sluggish stock market will inevitably affect the confidence of investors and consumers in various countries.

In the week of 9/11, Tokyo stocks fell 4.8%, London fell 6.2%, Paris fell 11.4%, and Frankfurt fell 12.3%. The stock prices of the most affected airlines fell more, while British Airways, Lufthansa and Air France fell more than 30%.

On the day after the opening of the US stock market, major stock markets in the world outside the US rebounded, with the stock prices of European stock markets rising by about 3%, and fluctuating in the following few days, indicating that people continue to wait and see the US stock market.

In September 2001, the Chinese stock market was still in a long bear market. Since China was basically impossible to become the target of Al Qaeda's terrorist attack, the trend of the stock market almost had no significant impact on 911, and the rapid decline of US stocks and subsequent rises did not significantly affect the Chinese stock market.

This market seems to be isolated from the world, and even the world exclaimed that they can't understand the Chinese stock market.

...

In short, September starts from the 11th to around the 20th, and major financial markets in the world can be described as crazy.

...

Because of the great impact, the United States also sent the CIA and FBI departments to intervene in the investigation. After the investigation, some strange things were disclosed:

On September 7 and September 9, someone bought 84,700 KLM's stock sales option (i.e. put options) on the Amsterdam Futures Exchange in the Netherlands. This buying volume set a record high in history and was 10 times the usual buying volume.

You should know that at that time, the airline's stock was at a historical low and was being heavily invested by many capital institutions, which means there was little room for continued decline.

At the same time, on September 6, 7 and 10, a large number of mysterious investors bought sales options of 4,744 United Airlines and 4,516 American Airlines in the US futures market, which was 20 times the usual purchase volume.

Moreover, at that time, the purchase options (i.e. call options) of these two airlines only traded less than 500 - this seemed to be a favorable bet for formal capital institutions at that time.

After the 9/11 incident, the stocks of major airlines fell, especially in Europe and the United States. The stocks of American Airlines and United Airlines, which are directly related, fell 63% and 59% respectively in one month.

Almost all European and American media believe that these short sellers have known in advance about the reactions of airlines and insurance companies after the terrorist attack, so they have paid so much attention.

The UK even publicly claimed that the profits of these transactions were to provide financial support for terrorist scores. The CIA and the FBI, two major intelligence departments in the United States, have successively stated that they have set up special groups to intervene in the investigation.

In addition to those strange big-headed shortings, the FBI also discovered another slightly strange thing:

On September 3, a company from Xiangjiang, China bought a small number of CDS from American Airlines.

However, after careful verification, they found that the company's stock transactions can be described as confusion.

After buying CDS, I spent several times more to invest in several airlines.

It doesn't look like you want to short.

In addition to the airline's CDS, the company also bought shares in many other companies, but later as we all know that these all fell.

Moreover, when the company bought CDS, it looked like it was about 10 million.

This money seems to be a small fuss and you can't make any money.

Considering the particularity of China, the FBI ruled out the terrorist suspicion of this company after some research and discussion.
Chapter completed!