Chapter 2824 The Final Battle (5)
Chen Mo opened the news app and took a look.
The Federal Reserve released its latest announcement, which to sum up is a 50bps interest rate cut today.
The officials of the hegemonic country issued a joint announcement, saying that they would spare no expense to save the market. If malicious short sellers do not surrender and withdraw, the officials will continue to cut interest rates and start an unlimited money-spending mode.
Even the authorities of the hegemonic country rarely released data on market rescue.
Up to now, the official Hegemonic State, together with many Hegemonic State capitals, have invested a total of 30 trillion (Daxia currency), helping countless investors recover a lot of losses.
As soon as this announcement came out, this unprecedented level of rescue caused an uproar in the investment community!
"The Hegemonic State officials have spent a huge amount of money this time!"
"I don't believe that any short seller can overcome this strength!"
"My father is awesome!"
"30 trillion! If converted into banknotes, they would be piled up as high as the moon!"
"I'm afraid Chen Mo will encounter his biggest setback in his short selling history this time!"
"Yeah, with this strength and this amount of money, I can't imagine how the Hegemony could lose!"
"..."
As the announcement was made, the points in the financial market of Baguo rose accordingly!
The long-short battle between Chen Mo and Solomon lasted for the entire morning.
In the end, with Solomon's determination to save the market at all costs, the closing point of the hegemonic stock market was: 12321 points!
The hegemonic currency index is: 72.452!
These two points that best represent the dominant market not only did not fall, but rose against the trend under Chen Mo's unprecedented strong attack!
In just one morning, the total amount of funds lost by Chen Mo's short selling reached a terrifying 14 trillion!
And the funds that Solomon, the officials of the hegemonic country and his allies spent on buying stocks in the morning also reached a staggering 31 trillion!!!
The time for lunch break has finally arrived.
He Chaoling, Chen Mo's personal secretary, was appointed as the temporary logistics minister.
Because it was night in Daxia at that time, He Chaoling thoughtfully asked the chef to prepare some low-carb meals that could clear the brain, refresh the mind, be easy to digest and not greasy.
We also brought the staff top-quality freshly ground coffee and top-quality green tea to help them wake up.
Employees of Moyuan Securities gathered in groups of three or four, eating supper and talking about their next work.
They know that the intensity of work in these days or even months will definitely exceed any previous short selling.
Meal time is definitely a rare moment of relaxation in the day.
Chen Mo patted He Chaoling on the shoulder and said, "Thank you for your hard work."
Although He Chaoling sometimes has bad intentions and is cruel and ruthless, in terms of professionalism, she is truly top-notch in the industry.
Chen Mo actually had quite a few assistants and secretaries, but none of them was more capable than He Chaoling.
Although He Chaoling may have some small actions at ordinary times, once she enters the working state, He Chaoling's ability to withstand pressure is fully utilized. She can arrange all aspects of everything properly and will never mention trivial matters outside of work during work.
Chen Mo, He Chaoling, Han Li and Jiang Pengyue gathered together, eating and chatting.
"This time, Solomon is going to completely give up his future as a hegemonic country for the next 10 to 20 years and fight you to the end.
Do we have a good chance of winning?" Jiang Pengyue asked.
"At the moment, there are many variables, so I dare not make any promises." Chen Mo said.
"I have never seen such a horrific financial war. In such a short period of time, the combined amount of money spent by both sides has reached nearly 50 trillion.
It’s only been this morning!”
Han Li took a sip of strong coffee to clear his mind.
The pressure this time is really maximum!
Although the money is not theirs, what these professional traders value is a strong sense of immersion.
Without any sense of ownership, how can one become one of the top few in the industry?
If one only thinks "the money belongs to others, it doesn't matter whether you make money or lose it", then such a person will definitely not be admitted by Moyuan Securities.
Therefore, the pressure Han Li felt was no less than that of Chen Mo.
He is under even greater pressure than Chen Mo because he has no memory of rebirth and is unable to judge the trend of the market!
Other traders have the same mentality.
Han Li even felt that if this air war continued for several months, someone among them would definitely suffer from such stress that he or she would have a cerebral hemorrhage or a stroke.
"This short-selling war is unprecedented and will never be repeated.
Whoever wins is the boss!
The loser will just leave in disgrace!"
He Chaoling also sighed.
The four of them had just taken a few bites.
At this moment, Han Li's men suddenly exclaimed: "Boss Chen, the Federal Reserve has issued another announcement!"
Chen Mo's expression was stern: "Did the Federal Reserve cut interest rates again?"
The subordinate nodded grimly: "Yes, it dropped by another 50bps!"
Everyone gasped!
The Federal Reserve’s record for interest rate cuts is 13 consecutive cuts.
But those 13 times were reduced within one year!!!
Now, the long-short battle has only started on the first day, and the battle is only halfway through, and the Fed has cut interest rates twice in a row!!!
Such a terrifying frequency is simply unheard of!
Chen Mo narrowed his eyes slightly: "Solomon is a ruthless character, he knows that the further he goes, the less effect the interest rate cut will have.
It’s better to fill it up right from the start! "
At this moment, Han Li, Jiang Pengyue and others had serious expressions on their faces and didn't even have the mood to eat midnight snacks.
Han Li asked, "The Federal Reserve has cut interest rates twice in one day, and the other party has invested more than 30 trillion yuan. When the market opens in the afternoon, the financial market of the Hegemony will definitely rise sharply. Mr. Chen, do you think we should wait and see?"
Chen Mo shook his head and said something that made Han Li's scalp tingle...
