Chapter 894 – Powell Funeral
Korea University.
It is a leading university on par with SKY.
Buzz, buzz!
In particular, it is absolute in one field.
Although the reputation was not that high in the past.
“Professor! Did you really teach senior Lee Chan-wook too?”
There was a turning point.
Lee Chan-wook.
Those three letters are more impressive to Korean university students.
I am a graduate of Korea University.
It is a fresh story that is not even a few years old.
“Ah… I thought so.”
“”Wow~~!!”
“It was real.”
“Can we become like Lee Chan-wook?!”
Freshmen.
It deserves to feel like a legend.
No, it can be said to be like a myth.
I want to be like that too.
As an economics student, you are bound to dream a little.
‘It shouldn’t happen like that…’
Professor Choi Myeong-cheol, who taught his first class, has complicated feelings.
It is true that it is great.
〔YouTube〕
「Issue King. Professor Water Rocket at Korea University haha” − Views 12.2 million · 6 years ago
“TV idiot. Understanding Water Rocket Theory in just 1 minute” − 1.5 million views · 6 years ago
「Stuffed monster. Hankook University Villain, 12 facts you didn’t know” − 100 million views · 6 years ago
I myself got seriously burned.
He was not an ordinary person from his first appearance.
“Each person has a career path that suits them, so some of them could end up like that, right?”
Water rocket incident.
Now it is interpreted as worth it, so it is not a bad memory.
But it was truly shocking at the time.
The future car stock that he was confident in.
“Professor, are you good at stocks too?”
“How do you view the market now?”
“I was fighting with Michael Burry recently!”
Get off.
Fundamentals of the company.
For other political and social reasons.
‘Surely…’
After that, I continued to trade stocks.
The more you do it, the more you realize one thing.
Neither fundamentals nor marketability are important.
A few words from politicians.
“I don’t know what career path you will choose in the future, but remember this one thing.”
Have more influence on the market.
He had sensed it from the beginning.
The thought structure is unique.
It cannot be said that ordinary people learn knowledge.
“Never use what you learn in lectures for stocks.”
“”?””
Unusual thinking is needed.
I’ve been feeling it more keenly lately.
QT due to high base interest rate.
It is an ultra-austerity environment that is historically rare.
Something hard enough to break.
It is not wrong to see the stock market going down.
“Economics is based on conservative and theoretical stories. Unfortunately… Society and politics are not so soft.”
Real market.
An unexpected situation occurs.
It easily breaks common sense.
Daily News− 「The Fed is loosening money again… What caused the surge? “$300 billion was spent in one week”
When I watch the news recently, I feel like what I have learned for decades is being denied.
‘What do you mean by austerity while loosening money? …’
It was a world that even economists could not understand
* * *
Anxiety.
It is natural for it to spread.
This is absolutely not a normal situation.
〔American Stock Gallery〕
─Powell: It’s not quantitative easing. Temporary liquidity supply
─BTFP This is completely similar to quantitative easing
─The reason why the stock market is soaring now. Real
─Big Short ㅇㅈㄹㅋㅋㅋㅋㅋㅋㅋㅋㅋ
．
．
．
Market participants were shaken.
About the possibility of an unexpected crash.
─Big Short ㅇㅈㄹㅋㅋㅋㅋㅋㅋㅋㅋㅋ
[Frog frowning while smoking a cigarette. Jpg]
I guess the short-term account is a big short.
└The movie ruined a lot of kids ㄹㅇ
└Genre: Comedy haha
└Is Shotchung out of his mind?
└It’s a laughing bell that goes up after shaking like that.
But the result.
Proves everything.
It was nothing more than fuss.
Stock prices rise through a wall of doubt.
It is rising as if to prove that statement.
─The reason why the stock market is soaring now. Real
[The Fed is loosening money again… What caused the surge? $300 billion was spent in one week. News]
They say they made a lot of money with BTFP
The amount of money I made in one week was 400 trillion won.
└It’s going to be exactly as Lee Chan-wook said. LOL
└Dae Chan-wook
└But don’t you have to pay it back?
└What is BTFP, you idiot
It makes no sense.
There is no way it can go up.
It proves that there is no absolute in the world.
High interest rates.
Ignore high interest rates.
As for why the stock market accepts it as good news.
─BTFP This is completely similar to quantitative easing
Interest rates are so high right now
The kids who bought long-term bonds during the coronavirus are screwed?
This is the reason why Silicon Valley Bank went bankrupt
The Federal Reserve provides collateral loans at face value
It’s even 0.5% cheaper than the market interest rate haha
What is this if not quantitative easing?
└(Ah~ I understand perfectly! Con)
└You are lending 1 billion worth of long-term bonds that have plummeted at 1 billion won instead of the market price?
Author− ㅇㅇ
└Fucks who make money in all sorts of ways
Gradually it becomes known.
Fear.
Market participants were blindfolded.
When it flashes, something else appears.
Although the Federal Reserve officially denies it.
─Powell: It’s not quantitative easing. Temporary liquidity supply
“We release 400 trillion won a week, but it is not quantitative easing”
└I drank alcohol, but I am not drunk driving?
└World’s first austerity quantitative easing
└This is Monsori ㅅㅂㅋㅋㅋㅋㅋ
└Even if the bank goes bankrupt, I think I can save everyone by releasing money
Heartache is showing up here and there.
Investment sentiment.
It’s enough to start a fire.
The more you think about it, the more it’s not a bad thing.
Rather, it is good news for the stock market.
─Yellen: I only did it once. I won’t give it to you from now on
[Were you conscious of ‘moral hazard’? Yellen: “We are not considering protecting all bank deposits”. News]
That damn bitch
In less than a day, I gave it to Signature again
└It’s a public toilet at the bank ㅇㅇ
└Yelkas kkkk
└Do you think the stock price will fall?
└The essence of bank failure has not changed, but the long-chungs are inciting it again
It becomes clear.
Politicians.
We do not wait for stock prices to plummet.
The stock market rises every day.
To the extent that my fear of a plunge seemed like a lie.
─You idiots, think rationally
[Frog meme raising questions. Jpg]
CPI 6.0 → not low at all. It was originally a number between 2 and 3
Freezing interest rates → If you freeze it, you are admitting that the US economy is a mess
Bank bankruptcy → Credit Suisse unknown? It is the world’s 5th largest investment bank. In fact, it should be considered season 2 of Lehman Brothers. Because it is not an American bank, the United States does not provide coverage
How do you go long in this situation?
└They’re chimpanzees
└I’m very angry about the current situation where the chimpanzee wins?
└It’s like a side effect of posting without giving a reason.
└You have to get hit at the next indicator to come to your senses.
But I feel anxious.
There is no way it will be resolved easily.
There are still many people who feel it.
It seems irrational.
Investing in the current situation is no different from gambling.
—————————–±
『NASDAQ Composite Index』
13,029.24 ▲1,318.13 (+11.25%)
[Graph of 10% plunge and then rebound. Jpg]
±——————————————–
The essence of stocks.
I just realize that it has always been like that.
It easily surpasses the high point before the plunge.
─What kind of Rocket group are the Short Chungs?
[Noh Hong-cheol twitching JPG]
I always leave it at the next indicator haha
└Shortket Team kkkk
└I am a short bug
└If you ask when it will get off, you will naturally answer!
└A beautiful future, a bright tomorrow awaits (-33%)
It has clearly turned into a bull market.
The atmosphere of the stock market is likely to change.
Investors betting on decline.
Nakdong River turns into a duck egg.
Everyone is having a party.
‘…’
I am fighting against the market alone.
There is a romance.
It just doesn’t make sense.
“Investors’ protests…”
“I’m asking if it’s a dead cat bounce?”
It’s embarrassing for Michael Burry.
An unexpected situation is happening.
‘A dead cat that jumps this high…’
It can’t happen.
It is at the level of completely ignoring the law of momentum.
Technically, we are in a bull market.
Rationally, I don’t understand it.
“Signature Bank went bankrupt.”
“Neither Credit Suisse nor UBS are said to have any intention of acquiring it without government support.”
Bad news that was expected.
It is becoming a reality.
It is the same situation as 2008.
‘Commercial real estate is also far from its normal point.’
In the house, the vacancy rate is over 30%.
Collapse is in full swing.
There can be no impact on the asset market.
The market needs to regain its sense.
“The situation at First Republic Bank is also…”
“Stop! Stop! The question is whether it will turn into a systemic risk?”
None.
It’s complete madness.
Ignoring this and that, I am buying risky assets.
‘No matter what.’
Did you ever think it would surpass the previous high so quickly?
This situation was not planned.
We are getting further and further away from the long-awaited crash.
No, the fact is that it is now a bull market.
“Put options have already become a piece of paper. It seems like the market is not concerned about systemic risk…”
I have no choice but to admit it.
The market forgot its fears and became a place for speculation.
‘I am not wrong.’
Such a situation.
This is not my first experience.
We also experienced the subprime mortgage crisis.
Everyone said it wasn’t a bubble.
They said the market assessment was correct.
But myself.
“Where are you going?”
“I’ll stay locked up for a while.”
“Ah, yes…”
I believed it.
This is why they have been shorting since 2005 and holding on by paying a huge premium.
Squeak−!
It was really hard at the time.
This is because they stir-fried the customers, saying they were taking their money.
‘I just went in a little, a little too much first.’
I wouldn’t have been able to survive without this hobby.
Michael Burry grabs the stick.
Boom! Tudung!
Plump! Container! Container! Tong!
Shortchung is beating the drum again today.
