If you cheat, money will follow

2015 8 Month 13 Day.

This day should also be remembered by history.

Because, on this day, the global stock market staged a "Crazy Thursday".

The morning of November 8.

When the North American stock market opened, the three major stock indexes - S&P 500, Nasdaq 100, and Dow Jones 30 - collectively plunged and fell sharply.

Just five minutes after the market opened, the S&P 500 index quickly fell below 7%, falling 146.03 points, triggering the first-level circuit breaker mechanism and suspending trading for five minutes.

Yes, the circuit breaker is coming.

This circuit breaker is the second in history for U.S. stocks.

The first time was October 97, 10, during the financial crisis.

At the same time, the Dow Jones Industrial Average also fell by 7.79%, its largest single-day decline since 2008.

The Nasdaq fell 7.20%, its largest single-day decline in recent years.

The circuit breaker in the U.S. stock market triggered a panic in global financial markets.

This caused shocks in the three major markets of Germany's dax30, Britain's FTSE 100, and France's CAC40;

Markets in Brazil, Singapore, Canada, Indonesia and other countries have also triggered circuit breaker.

The market value of half of the big A market has evaporated.

The Asia-Pacific region is also in a mess.

The Nikkei Index plummeted 5.27%, the Korean stock market fell 6.19%, and the Hang Seng Index fell 4.23%.

While the global market was in turmoil, the domestic stock market was actually calm and showing an upward trend.

Big A rose 1.82%, and Peng Index rose 2.65%.

A total of more than 2000 stocks in the two cities rose, and more than 400 stocks reached their daily limit.

The market was closed for 15 minutes and trading resumed, further intensifying panic in the North American market.

Within 5 minutes, the S&P plummeted 172.53 points, extending the decline to 15.27%, triggering the secondary circuit breaker;

The Dow Jones Index followed suit, with its decline increasing to 15.37%, almost reaching its breaking point;

Of course, the Nasdaq index was not immune, and its decline expanded to 15.07%.

In terms of individual stocks, financial stocks led the decline, with the three major investment banks JPMorgan Chase, Morgan Stanley, and Goldman Sachs all falling by more than 15%;

Leading banks such as Bank of America, Wells Fargo, Citigroup, and Mellon also fell by 12%.

OK, continue to suspend trading.

Inside the SEC, things are already in disarray.

Staff were running around, looking very panicked.

This is so abnormal and yet seems so normal.

"Have you noticed anything unusual?" White asked his assistant.

"Madam, the market sentiment is very panic, and global capital is dumping stocks and flocking to assets such as the euro, Japanese yen, and soft currencies for safe havens."

"SHIT, this is incredible, what are they worried about?" White is a gentle man.

"They should be worried about assets being frozen."

"..."

"Mr. White." A staff member quickly came to White's office:

"The latest news is that just now, Morgan Stanley's Dimon and Goldman Sachs's Beland have left for the White House. They may publish some news that is not good for you."

"I know. I'll make arrangements right away. Contact the White House and tell me that I want to see the president."

Inside the White House, no one knows what the CEOs of the two major investment banks said.

Fifteen minutes after the second level circuit breaker, the stock market resumed trading.

The market panic finally subsided slightly, and the decline began to stabilize, no longer expand, and slowly narrowed.

Finally, after the market closed, the S&P fell 11.63% to close at 1868.84 points;

The Dow Jones index fell 12.06% to close at .54 points;

The Nasdaq index fell 13.58%, falling below the 5000-point mark and falling below 4500 points, at 4447.03%.

8 month 14 day.

The U.S. stock market fluctuated slightly and there was no circuit breaker.

However, the global media are paying attention, reporting, commenting, and targeting the SEC.

It seems that he is complaining about Leda Investment, but he is actually heartbroken for his own loss, which is incompetent and furious.

A spokesperson for the White House promptly stood up and pointed out:

"Crazy Thursday was caused by short-term panic and does not affect the fundamentals of the rise of U.S. stocks."

"The reckless behavior of certain individuals and institutions is the main reason for this incident."

The Wall Street Journal commented:

"The District Federal Court and SEC took the lead in this incident and should bear corresponding responsibilities."

"Their disregard for the interests of investors is more terrifying than the circuit breaker itself."

The Wall Street Journal also highlighted:

“The chaotic actions of the District Federal Court and the SEC have triggered panic among global investors. No one can guarantee whether the next Leda Investment will be themselves.”

OECD economists warn:

"This incident has led to instability in market sentiment, and this instability may exist for a long period of time."

The Financial Times said:

"The panic is getting worse. Buffett, who has long been bullish on North America, has been clearing out U.S. stock assets one after another. The possibility of the next circuit breaker cannot be ruled out."

French Reuters also came out:

"When everything is stable, the D.C. federal court and the SEC have become the most unstable factors."

"They must be held accountable for the losses caused by this circuit breaker."

August 8th and 15th are weekends, and the stock market is closed.

On Monday, August 8, the North American stock market opened.

As soon as the market opened, the Dow quickly fell by more than 1021 points, a drop of 7.03%, breaking the point mark;

The Standard & Poor's followed suit, falling 7.01%, triggering the third circuit breaker in history.

Stock markets were halted for trading again.

All market participants in the U.S. stock market looked at each other in disbelief.

They witnessed history, unprecedented history.

Soon, the U.S. stock market crashed for the third time, triggering a major shock in the global financial market.

The stock markets of a total of 12 countries including Canada, Brazil, Thailand, South Korea, Pakistan, and Indonesia have been shut down one after another. The markets are bright and green, turning purple (or maybe red and black).

This time, the domestic market was not spared.

The Big A and Peng indices fell slightly by 1.1% and 2.35% respectively.

Financial Times: “The market has entered an unexpected and crazier moment.”

Germany's Deutsche Presse-Agentur News Agency: "With two circuit breakers in five days, U.S. stocks rushed into risk-aversion mode in an unprecedented manner."

At the same time, Morgan Stanley immediately adjusted the Big A market stocks from neutral to overweight, recommending investors to buy Big A stocks as a risk hedging asset.

The CEO of international asset management giant BlackRock also holds a similar view. He publicly stated:

"Recommended to buy big A stocks, as well as global stocks with large exposure to the big A market."

Druckenmiller, Soros' deputy and billionaire investor, publicly accused White of making the SEC's biggest mistake in history under his leadership. "She is simply not qualified to continue doing this job."

The Wall Street Journal put it bluntly on its front page: Target, Big A.

The King of Understanding came out, and he said on his Twitter:

"The Dow Jones Industrial Average dropped more than 1000 points in a single day. President Ao Guanhai should be stuffed into a cannon and shot into the sun as fast as possible. No excuses can be made, immediately! Immediately!"

Mr. Wang has decided to run for office in June this year, and his shocking remarks often appear on social media.