The Son of Finance of the Great Age

  Chapter 541 The first loss in history (5)

  Except for talking about Tom Dorel's recent situation at the beginning of the call, John Mark didn't say anything. The whole process was for Soros to communicate directly with the other party. The reason for doing this is that John Mark is cautious, but it is more because John Mark’s attitude towards large consortiums has changed 180 degrees since the bond sale. He has decades of friendship with Soros, and Tom Doyle is definitely going to leave, so he probably won't tell Soros all about this plot at all.

After Tom Dorel hung up the phone happily, John Mark said in a deep voice: "George, this is the last time I will help you fight against Mr. Zhong. We have targeted them again and again, trust them It has long been recognized that, despite our efforts to salvage certain measures, in fact this will inevitably cause a crack in the relationship between the two parties. If they are transferred from us to the arms of our competitors, then for us, absolutely It's not worth the candle. Can you understand this?"

"Of course I can understand, buddy, take it easy." Soros smiled. He naturally knew that after asking the other party repeatedly, the little friendship between himself and John Mark would soon be overdrawn. exhausted. If Soros had not used their brokerage channel for decades and worked together on several major financial events, the relationship between the two parties would never be so close.

"In addition, let me tell you a piece of news, which I personally speculated." After appeasing the other party's emotions, Soros naturally wanted to throw out some sweetness, "At tomorrow's Fed meeting, it is very likely that there will be an announcement about interest rate cuts." The statement. According to our speculation, the interest rate cut this time is not small, and will be between 50 basis points and 75 basis points. Prior to this, Greenspan has declared that the possibility of the US economy entering a depression is 1/3 One, so in order to stimulate the economy not to go down, the channel of interest rate cut is about to open, either this month, or within the next two or three months. Combined with the bank run crisis that happened in the UK two days ago, I personally think that in this month The odds of an announcement of a rate cut on that have gone up significantly."

  The Federal Reserve's monthly policy meeting is the most concerned focus meeting in the market, not one of them. At the monthly meeting, the Fed's policy committee and bankers from across the country will prescribe the nation's economic pulse, followed by public statements to markets. Subsequently, economists and strategists from various financial institutions interpreted the Fed's outlook on the economy and possible measures based on the statement, and further made predictions on market trends.

  Issues related to money are not trivial matters.

John Mark naturally knows that tomorrow is the day when the Federal Reserve will convene the Federal Reserve meeting and issue a statement. In fact, Stanley has had a heated discussion about this meeting, among which there are arguments about whether to cut interest rates this month or not. support. Generally speaking, the main premise that the Fed may cut interest rates has been fully predicted, but the two sides have a big difference in the specific time point.

   John Mark undoubtedly values ​​Soros' opinion very much. The reason is nothing more than that this guy is really awesome, and his attainments in macroeconomics have almost reached the pinnacle. It is precisely because of being able to figure out the context of the Fed's actions time and time again that Soros has been able to play like a fish in water in the financial market and has accumulated a huge amount of wealth in just a few decades.

   Of course, it is definitely not just one aspect of Fed policy that affects financial markets. So even if you are as good as Soros, you will inevitably fail in the market.

"Are you sure?" John Mark touched his smooth chin, weighed it repeatedly, and then asked solemnly, "If you can really get the exact news from the inside, or the prediction is accurate The rate has reached more than 90%, and I don’t mind announcing this news to customers first.”

"How is this possible?" Soros laughed at John Mark's temptation without revealing anything, "John, you know that I have always been a good citizen who abides by the law, how could I do something that would damage my moral reputation? , and something illegal? But John, I think you'd better believe me. Without these things, I wouldn't tell you our internal research results. You must know that our research capabilities are definitely above yours. "

  What Soros said is true. Because he is at the top of the food chain and the salary is extremely generous, a large number of investment bank analysts switch from investment banks to hedge funds every year. Of course, most of them are the best in the same industry, otherwise it would not be worth the effort of others to win them over.

  Although graduates from famous Ivy League schools enter investment banks every year, the heavy workload and enormous pressure will soon eliminate a large number of people within three to five years. Among the remaining people who can achieve success, they will be poached by other industries one after another, so investment banks can only use high salaries to retain talents. But their high salaries are basically not worth mentioning in front of hedge funds.

John Mark naturally understood this truth. After shaking his head with a sigh, he said with a wry smile: "George, it's not that I don't want to release this news. If it is released like this, there is no way to explain it to our investors. You We also know that the accuracy rate of our previous forecast of the economic situation reached 50%, which is the biggest advantage that we can gather customers from all over the world.”

"God, it's only 50%!" Soros on the other side of the microphone immediately teased mercilessly, "John, do you know? If our prediction can only reach 50%, then we will be eliminated by the market very quickly. So , don’t question us, do you understand? And this time, you can release it boldly. I guarantee that after the final answer is revealed tomorrow, you will receive an unexpected surprise.”

  After repeated hints, Soros finally made John Mark unable to sit still. He stood up and started pacing back and forth in the huge room. After five minutes, he finally made up his mind and shouted into the phone: "Okay, George, I'll trust you this time."

   "That's right!" Soros, who had been waiting patiently, finally smiled heartily, and finally reminded, "John, if you continue to cooperate with me, you will gain more."

   Although I haven’t written much this month, the author is very grateful for the generous rewards from many book friends. I would like to express my gratitude again~

  (end of this chapter)