Chapter 476 – Utopia
It is bound to be a big issue in the public.
Mixed Martial Arts − 「Currently, the situation of self-employed people is serious」
樂 SOCCER − 「There are still a lot of places left over 30%」
CHAOS − 「The profit and loss account says that the Korean economy is not affected」
It was something that was a hot topic.
Even in the general community, it is discussed every day.
─Currently, the situation of self-employed people is serious
[It’s not reduced to 70%, it’s reduced by 70%. Only 30%?.News]
The President visited the traditional market
I asked the merchants about their grievances, and the result was this
└ Self-employed people say they are dying
└ I banned the business, but of course haha
└This is so serious
└ Even if you get hit by Apel Palace, 30% will remain.
Corona side effects.
It wasn’t just about increasing the number of patients.
The business of the self-employed is hindered.
No normal commercial activity.
─There are still a lot left over at 30%
What about the bar?
Karaoke room?
What is a meat restaurant?
Stores open in the afternoon are virtually closed.
Even that, due to social distancing, we couldn’t even receive a few guests.
└Death sentence
└It looks like a hotel, but once the corona breaks out, it has to be closed for a week.
└ Self-employed people ㄹㅇ How are you?
└ The economy is screwed
How to catch Corona?
Limiting the sales environment is most effective.
Huge damage is accumulating.
Even the general public has come to feel it.
─The profit and loss account says that the Korean economy is not affected.
Thanks to the K-quarantine led by the President
Whether the world ends or not, Korea will achieve economic growth.
└ What kind of nonsense are you talking about?
└ You got fucked up because of that K-quarantine
└ Wasn’t he a famous expert who met the corona crash…
└ How much did you do that for?
In the meantime, it exploded.
The bombshell statement by the profit and loss group is making the world go wild.
It is also an issue in the general community.
Not to mention among stock investors.
“To put it briefly…, It seems to mean that the impact on the stock market is limited because Korea’s quarantine level is high.”
The Yeouido Stock Exchange is also the same.
In a way, it can be said that it is news related to the stock market.
Not to mention profit and loss.
My nerves are on edge.
That someone made money on the stock market.
‘What the hell is this bastard up to?’
It means someone else is lost.
Most of the Yeouido stock market is inevitably on the losing side.
“No, is that a matter that can be sorted out so simply?”
“As far as we know, it’s not…”
“Right now, not only the self-employed, but the entire service industry has been destroyed.”
A meeting is called.
At least commercial executives from each securities company are coming to fill the positions.
‘What about Nandle?’
Kim Jin-seop, who is in charge of the PPT, has no choice but to be embarrassed.
It’s not that it’s particularly tense.
8 years of brokerage experience.
It’s because I’m in a position where I can say that I’ve been through a birth battle in my own way.
“I omitted it because there was a difficult part to explain.”
“I have to explain properly.”
“Does that friend get paid like that?”
“…I understand. I will explain properly.”
It’s just embarrassing to have it come out.
As an employee, he is dedicated to his work.
Percussion!
PPT is displayed on the white screen.
The actual remarks of Son Ik-jwa were included without a single error.
“Is Bill Gates weeping?”
“That’s right.”
“Why did WHO invite the President? Did you really do it?”
“Of course not.”
Bad joke.
I think so.
It’s something you’ll only see on the Gukppong Tube.
‘That’s why I said it briefly.’
Looking at it makes me dizzy.
I wonder if there is anyone in the world who believes in such a thing.
There was
Son Ik-jwa preached the dignity of K-Quarantine with a very serious attitude.
“Crazy… Isn’t it?
“Broadcasting stations put guys like that on the show!”
“Somewhere like Gukppong Tube in front of the public.”
“Because that kind of guy is the hottest expert these days.”
“”…””
That’s why it’s bound to be a pain in the ass.
It doesn’t matter if that statement is sincere or not.
‘Because he talked about it seriously.’
Intent.
It was the same with bio stock.
He proudly declared that he had a position on that side.
It might be like that this time too.
Conversely, it may be a smoke screen operation to hide the true intentions.
“What do you mean by this?”
“Even if we can reduce the number of confirmed cases a little, it is not a measure to prevent fundamental damage.”
“The price of oil is also unusual.”
Can’t help but think that way
Bio stocks also received considerable attention from the stock market.
The problem is that the angle of elevation is steep.
Considering the valuation, the price has become ambiguous.
‘The uncertainty is too great.’
According to the executives
Most stock exchanges have a similar view.
No, that’s natural.
There is no reason to take the risk.
“Since it has suddenly become a major power, Korea’s stock market should also receive a premium to PER. They say it’s time to go to KOSPI 3000.”
“Stop watching Gukppong Tube!”
“I haven’t seen it.”
“You can see some.”
Extreme long is even more out of the question.
That’s something I hadn’t even considered.
‘It seems that other securities companies are like that too.’
Attendees of the meeting.
He is an executive at the commercial level who can be said to represent each securities company.
Everyone seems genuinely perplexed.
It seems that he does not agree with the bombshell remarks of the profit and loss group.
“Ordinary investors can overlook the commodity market because they don’t know much…”
“We are of a similar view.”
“This is an alumni.”
The conclusions of the meeting are briefly narrowed down.
No matter how you look at it, it’s just noise.
It’s not that rare.
Intentionally distributing misinformation to the market.
‘Even though our analysts are working hard.’
It happens often on Wall Street too.
A great incident happened not too long ago.
Bill Ackman.
Called the young Buffett, he predicted a stock market crash.
Daily News− 「”Hell is Coming” Bill Ackman’s Warning to the Stock Market」
No, it was incitement.
Corona made investors hesitate to buy at the lowest point.
I swept the stock.
He enjoyed astronomical profits while being criticized by the public.
The P&L may also be aiming for it.
Although the stock market sent a suspicious eye.
* * *
Global macro.
It is also true that it has a big impact on the stock market.
‘But it’s not necessarily like that.’
Crude oil crashes!
The real economy is collapsing!
It’s okay to be anxious under normal circumstances.
Because it’s not normal
“But now we have seat belts.”
“Is your seat belt right?”
“It seems dangerous…”
“If it doesn’t loosen, it’s a seat belt.”
It’s different now.
The US government and the Federal Reserve have announced unlimited quantitative easing.
‘Water is leaking from the jar.’
More than that, it pours water.
I will prevent defaults from occurring.
That’s what the market wanted.
The basic preparations to enjoy pleasure without responsibility have been completed.
─Power sold crude oil futures!
The divergence point becomes a collapse.
The time of collapse that the bears so much want.
‘Because it’s slowly approaching.’
Anxious people.
You want to dispose of your risky assets.
So a crash occurs.
Conversely?
This is an opportunity for mass gathering.
Sweep the quantity at a cheap price.
“However…”
“Uh?”
“The price of crude oil is so unusual. I’ve never seen anything like this in my life.”
Of course, it is not easy.
There has to come a situation where people who roll and roll on this floor will be scared.
‘It’s real fear.’
It is coming.
Currently, crude oil futures prices are at historic lows.
———————————————+
『WTI futures price』
12.93$ ▼41.59$ (−76.28%)
[Graph where the world is really going to perish.Jpg]
+———————————————
This is not the case in the 21st century.
It wasn’t until the 1990s that similar prices came along.
“The weight of 10 dollars is different then and now.”
“It’s different.”
“I think I’m completely crazy…”
Traders deserve to stick their tongue out.
From the trader’s point of view, it’s the same situation as holding back buying Lv.99.
‘There must be a lot already.’
It is no exaggeration to say that traders around the world are paying attention to the crude oil market.
So the incident happens.
As of April 20th.
Crude oil futures are one day ahead of the May 2020 expiration date.
That is due date.
─Power sold crude oil futures!
─Power sold crude oil futures!
─You have bought crude oil futures!
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Crazy tug-of-war.
Regardless of the future price, within the May contract with one day left before the expiration date.
‘It’s not strange if oil prices go negative.’
A world where that is possible is a gift.
Getting in here means getting involved in a group fight.
“Not yet, not yet.”
“Can you put up with this?
“I think I know why gamblers cut their wrists.”
“”Gambling! Gambling! Gambling! Gambling! Gambling! Gambling!””
This is a situation that Shin Jung-hwan would like.
The opportunity to become rich in an instant is right in front of you.
‘I think I can hear the whispering sound.’
Eat those people
The futures market is a place where nonsensical things can happen.
─Power sold crude oil futures!
─Power sold crude oil futures!
─Power sold crude oil futures!
．
．
．
The selling force is overwhelming.
Buyers sell more to pay them a premium.
“It’s broken by 10 dollars!”
“The cold water and the cold water are not unusual.”
“Is it because Corona doesn’t need crude oil anymore…”
“It’s a trend towards eco-friendliness, so it can be reflected in advance!”
The market collapses.
At the same time, another thing comes crashing down in my head.
‘Common sense.’
How precious is oil to mankind.
How much is it being used
Forget that obvious fact.
If you are looking at the numbers in front of the monitor.
There comes a time when common sense is denied.
It is at that moment that the bottom is formed.
─Power sold crude oil futures!
─Power sold crude oil futures!
─Power sold crude oil futures!
．
．
．
An unprecedented crisis situation.
The first negative crude oil crisis in history will come.
