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Chapter 864 Up!

As Christmas is approaching, the U.S. stock market is gradually starting to heat up.

Especially the expectations for the "Sacramento Steel Company", the American psychology has been adjusted to a very high position. They are beginning to look forward to the true development of "Joy Investment Company" and "Bethlehem Steel Company".

Acquisition begins.[]

"Sacramento" stalled at $42 before Friday's close.

Saturday and Sunday passed in a blink of an eye, and there was no news during the two days.

At the opening of the market on Monday, some people began to sell "Sacramento" shares, and by the close of noon, the stock fell to $40.

But this did not cause any panic among the brokers and stock investors. In their view, this was a signal that "Joy" and "Bethlehem" were about to take action.

No one followed the trend and sold, but everyone tightly covered the "Sacramento" stock. On Monday afternoon, a large number of "Sacramento" stocks were sold, but they were all robbed immediately.

At the close of the day, "Sacramento" not only did not continue to fall, but instead returned strongly from a price of $40 to a price of $43.

The stock exchange was filled with joy, and everyone saw hope in this stock.

When the market opened on Tuesday, the selling stopped. A large number of brokers were waving checks in their hands and frantically looking for willing traders, but everyone was staring at the stock. Who was willing to sell at this time?

The beautiful economy is recovering, especially the recovery of the steel industry is surprising.

The performance of the "Sacramento Steel Company" has always been good, and even during the Great Depression, no losses were seen on its financial statements, which further enhanced the confidence of Americans.

What is more important to note is the rush to buy it from the well-known "Joy Investment Company" and the powerful "Bethlehem Steel Company", which has further enhanced investors' confidence.

"It's OK tomorrow."

In a gay club, Malmes raised his glass with a smile on his face: "Gentlemen, tomorrow will be the beginning of a moment that changes American history!"

"For America!" Grace raised her glass.

"For America." Johnson also raised his glass.

"For us." Johnny and Yeluk raised their glasses at the same time.

Several cups bumped into each other.

Countless dollars and a bright future are smiling at these people.

The reception didn't last long... Grace and Johansson left here very early. Tomorrow, there will be a thrilling situation to start.

"Your destination, Mr. Malmes." Johnny handed an envelope to Mr. Malmes: "You will go to

Houston...then transferred to Cuba, where I lived in seclusion for about half a year, and then went to Germany, where you can live whatever life you want.

This envelope contains everything you need."

"Thank you." Mamus took the envelope and hid it carefully: "Thank you for your help. I hope we will have opportunities to cooperate in the future."

"No, this is the first time...and the last time." Ye Luke smiled and shook his head: "We will disappear here soon and will never appear in the United States again..."

Johnny and Ye Luke looked at each other and smiled. At this moment, they both thought of a person almost at the same time, and what he said to them when they met that person for the first time: "... So my request is very simple.

, you and your accomplices work together to help me. I will take 80% of all the money you cheated, and you will take 20%! Don’t think it’s too little... I am a warlord. If you want to kill people, you can kill people. If you want people to live, you can let people live. You guys

If you cooperate with me... you don’t have to worry about anything. The scam is exposed, if others catch you, I will protect you, even the king of heaven, I can protect you."

Now that they have done everything they need to do for this man, the only thing they have to do now is to complete the scam.

Then, they can return to their own country!

Go home? Well, go home, these are the two warmest words in the world,

On Wednesday...the stock market reopened. On that day, major good news came: "Joy Investment Company" and "Bethlehem Steel Company" announced an acquisition package plan for "Sacramento Steel Company".

The New York stock market suddenly exploded!

It has begun, and the exciting moment that is enough to stimulate the U.S. stock market to a new peak has finally arrived!

After the acquisition plan was made public, the Wall Street stock market was filled with confidence and "Sacramento" stock instantly soared to a high price of $51.

What is driven by this is the crazy upward momentum of various stocks in the Wall Street stock market!

Rise! Rise! Rise!

At $51, $55, and $60 a "Sacramento" stock has an unstoppable upward trend.

And all the stocks on the stock exchange are booming all the way... people grab the stocks as soon as they are released. It seems that these stocks cost no money, no, it seems that these stocks are gold!

At the end of the day, "Sacramento" surged strongly to $98, and this was just the beginning!

When the market opened on Thursday, a large amount of money poured into the stock market, and the entire United States was once again crazy about the stock market -! There has never been such madness since the outbreak of the American economic crisis!

"It's over." On the top floor of the Morgan Bank in New York, John Jr., Pierpont, and Morgan looked out the window and slowly shook their heads: "Crazy, these people are all crazy."

"Do you think there's something wrong here?" his assistant Henry asked cautiously.

"Behind any madness is destruction." Little John, Pierpont, and Morgan said solemnly: "This is a completely abnormal situation. The stock market is so crazy. How similar is it to more than ten years ago? Once the stock market crashes

, then the terrible impact will be far greater than that of more than ten years ago..."

Henry gasped: "Then why don't you tell them what to do?"

"Why should I tell them what to do?" Little John, Pierpont, and Morgan asked back: "When people are crazy, they always cannot listen to anyone's opinions. They are always self-righteous and think that they are the world.

The emperor above has the ability to dominate everything. Anyone who raises objections in front of them will be regarded as a madman by them. What's more, this is by no means an isolated incident, it will involve many things. I don't want to be involved

Sink deeper..."

Like Little John, Pierpont, and Morgan, the leaders of those large financial groups did not believe that this stock market boom was real. They keenly judged that it was just a huge bubble.

Things that were raised artificially will soon collapse when people discover the truth of the matter.

But they were gloating and watching everything with cold eyes. If the stock market really collapsed, the first people to suffer would be the poor American stockholders, and then the people they hate: Franklin and Roosevelt!

The show finally started to unfold,

"Sacramento" stock closed at a high of $147 on Thursday. Everyone who held "Sacramento" stock was elated, as if these stocks were huge gold mines.

The market was still "Sacramento" on Friday and all the stocks on the stock exchange continued to rise strongly.

While brokers and stock investors were going crazy, they didn't notice that someone had quietly started shipping.

As many people as you release will take over.

Rise! Rise! Rise!!!

Soon the "Sacramento" stock broke through the $200 mark, but it showed no sign of stopping, and this completely ignited the enthusiasm of the entire New York Regime Exchange.

Starting from 3 p.m., some people began to ship large quantities of goods, which was the same as before. This did not affect the enthusiasm in the stock exchange at all.

Rise! Rise! Rise!!!

Crazy stocks, crazy stock market!

By Friday's close, "Sacramento" stock was stuck at $233!

Wall Street also developed from a very young state. At some key historical stages in the development of Wall Street, rules and referees were precisely what it lacked the most.

The early Wall Street market was so small that maintaining fairness in the game only required the supervision of public opinion, just like when neighbors played poker. At that time, the New York State and City governments were deeply mired in corruption.

Most officials are easily bribed with money.

For a period of time, speculators who only care about the next opportunity to make huge profits can do whatever they want. But then, the broker team begins to dominate the market. Because their interests depend on the long-term stability of the market, they strictly enforce the rules and suppress

The rampant activities of speculators were eliminated, thus making Wall Street gradually become a long-term and healthy capital market. Wall Street started at the southern end of Manhattan Island in New York. At that time, New York was a prosperous trading center, and there were many businessmen, that is, brokers, who bought and sold various items.

, making a living by earning the price difference, this is the predecessor of the stock broker.

The market at that time was a highly speculative and chaotic world dominated by bookmakers. Moreover, the politics were very corrupt, with many government officials and market makers colluding with each other. Therefore, the market often experienced various crashes."

On Black Tuesday, October 29, 1929, the U.S. stock market plummeted 22%, which was the largest single-day decline in history. In the following three years, the stock market fell by 89%.

The United States entered the economic recession of the 1930s, which dealt a very painful blow to American society and the American economy.

The U.S. government learned from the painful experience and reformed and reconstructed the financial system starting from Roosevelt's New Deal, and promulgated a series of laws. In 1933, the U.S. promulgated the "Federal Securities Act" and in 1934 the "Securities Exchange Act."

In accordance with the Securities Act at that time, the United States established the Securities and Exchange Commission.

But when all this has just begun, a new blow has already arrived!!

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