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Chapter 1704: The general election, or the stock market, make a choice

Al Gore's reversal speech in Iowa, the effect was "immediate".

When the news spread quickly, the initial curve of the New York stock market, which was originally full of excitement, took a sharp turn for the last time. The three leading stocks in the two markets, Egret, Daenerys and Tinkobaier, continued to rise as if they were hit by someone, and they fell straight down.

At 4:30 p.m. East Coast time, U.S. stocks closed.

First of all, Daenerys Entertainment, which is the most popular today. Although it broke through the trillion-dollar market value at the opening of the early trading session, it was unfortunately unable to hold on to the end of this trading day due to the sudden Gore variable.

Not only that, Daenerys' stock price not only failed to maintain its upward trend on Wednesday, but also saw a sharp drop of up to 3.2%, and finally closed down from $981.1 billion before the opening today to $949.6 billion.

If calculated based on the highest market value of US$101.17 billion on Daenerys' trading day, Daenerys Entertainment's stock price fluctuation in a single day is as high as 6.5%, which is equivalent to a book wealth of more than US$60 billion. Because of a speech by Gore, it evaporated out of thin air in just over twenty minutes.

This is just Daenerys' family.

The other two giants, Igrit and Tinkobaier, closed in one day from their previous upward trend to a sharp drop, driving thousands of stocks in the two major stock trading markets in New York to go down together.

The final result was that on Wednesday, the Nasdaq closed down 2.7%, and the market evaporated wealth by nearly $300 billion. The Dow Jones Index closed down 1.6%, also evaporated nearly $100 billion in financial wealth.

However, this is still just the beginning.

the next day.

Thursday, November 2.

Public opinion fermented all night, not only in the federal government, but the whole world knew that once Al Gore took office, he would slash at the anti-oligarch plan of the Westeros system.

Too many things happened this sleepless night.

The most direct feedback is the stock market in the new day.

On the other hand, Gore may have felt a kind of "winning the first battle". He ambitiously planned to fly to three continents in a row on the new day, launching three large-scale canvassing events early, mid- and evenings, and there was no time to spare for breakfast. He arranged breakfast meetings with many media present again, continued to fire at Simon, attack the Westeros system, promote his antitrust plan, and even proposed the once flash-for-the-pan extremely targeted "rich tax" plan.

A big excitement.

Even if all media operation teams in the Westeros system are working at full capacity, it is still difficult to withstand a large number of media reports for sales, ratings, and clicks. After all, although there is no feeling of "the world is suffering for a long time," a super rich man is hanging high there every year, making people unable to even feel a sense of looking up, which is really too dazzling.

Now, someone finally pointed the finger at the other party again. The natural hatred of the rich is loved by countless people.

However, watching the fun occasionally comes at a price.

The price will come soon.

Following the sharp drop in the late trading day of the previous trading day, the stock market opened at 9:30 am on the East Coast time. Affected by Gore's remarks, of course, the Westeros system is essential to operate intensively in secret. The Nasdaq market opened in just 9 minutes and fell rapidly in a collapsed manner, plummeting from 8367 points at the opening to 7781 points, triggering the third circuit breaker of the US stock market after the establishment of relevant mechanisms.

In just nine minutes, the Nasdaq market saw more than $730 billion in financial wealth disappear.

Igrit, which was the first to be hit, plunged 13.7% before the circuit breaker, and its market value fell from US$116.35 billion before the opening to US$100.41 billion, barely maintaining its trillion-dollar market value.

Although Igrit is far from being the one with the largest decline in the U.S. stock market, with the company's trillion-level market value, the evaporation of more than $100 billion in the blink of an eye, it is absolutely shocking.

Tinkobaier, who has just broken through in recent days, is even more unavoidable. Before the circuit breaker mechanism was triggered, the stock price also plummeted by 9.2%, and its market value fell from US$101.76 billion at the close of yesterday to US$923.9 billion.

However, these two Nasdaq leaders evaporated their market value by more than US$250 billion in less than 10 minutes. The other technology stocks, large and small, were also in disgrace.

On the other hand, the New York Stock Exchange, led by Daenerys Entertainment, although the decline did not reach 7% before the US stock market was suspended from trading across the board, Daenerys Entertainment, as a stock, fell to 7.9%, driving the overall market to fall by 4.3%.

The mists are everywhere.

The collapse-style US stock market crash was like a stock market crash, which quickly calmed down countless bystanders who were planning to watch the fun.

Because, there are no bystanders.

Everyone is in the game.

You should know that in recent years, as the new technology industry has recovered rapidly after the brief bubble burst in early 1997, both the federal and overseas countries, billionaires and ordinary middle class, have tried every means to raise funds to enter the new technology market in order to share dividends in this crazy Internet bull market.

A large number of pyramids that would rather pledge ancestral properties than buy Internet stocks, let alone the general public, even if it is the general public, just say that in just two or three years, the proportion of retail investors in the US stock market has soared from about 17% in 1997 to 29% at present. Behind this figure are millions of ordinary middle-class American families.

As long as you are not a fool, everyone can understand that technology stocks are too bubbled and may burst in the next second.

However, the greed of human nature has made countless people feel that they are the lucky ones. They can make another, another, and finally make another... In short, in this grand capital carnival, there are only a few who can maintain restraint and jump ship early.

Now, technology stocks seem to have finally ushered in another moment of collapse. If it is a natural reaction from the market, most people can only think of themselves as unlucky. However, in the eyes of most investors, this is not a natural disaster, but a man-made disaster.

A bad politician, for his political ambitions, actually caused the prosperous stock market that everyone is thinking about. How can people bear it?!

After all, no one knows whether you can fulfill your campaign promises. Everyone has seen politicians making countless fuss during the election. However, the rapid decline in money in stock accounts is visible to the naked eye in a short period of time.

How did you say that sentence?

Cutting off people's wealth is like killing parents.

Although it is a Chinese saying, the truth is common all over the world.

Therefore, on the morning of November 2, 2000, all investors related to the US stock market had the illusion of severe pain that the "biological parents" were stabbed by Al Gore.

MYMONEY!!!

Therefore, in just 15 minutes after the U.S. stock market circuit breaker, the pressure from almost all over the world quickly turned to Al Gore. The first thing was the countless financial supporters who supported Gore to run for the election, and the information conveyed by them in various ways was basically the same.

Shut up!

Who cares whether you can be elected as president? My stock account is the most important!

After a quarter of an hour of turmoil, the US stock market opened again. However, a miracle did not happen. Although the decline slowed down, the curve was still downward.

Immediately, another dramatic turn occurred on the day.

It happened coincidentally in Florida.

Faced with the rapid development of new technology market, a Miami fund manager failed to resist the temptation. Recently, he embezzled $30 million in funds with the acquiesce of the company's senior management, added 10 times of leverage, and bought all Internet stocks.

According to the information collected by the relevant team of the Westeros system in Florida, the work log left by the manager shows that the other party's plan is that after the three giants have exceeded one trillion yuan at the same time, they will no longer be greedy and quickly clear the stock and leave the market.

A very sober and restrained plan.

However, human calculations are not as good as God's calculations. Unexpectedly, yesterday the three giants broke trillion at the same time, but failed to stay and fell sharply in the end.

Then today.

According to the plan, it should have been the day when the manager cleared his position, but the market did not give him any chance to escape. The stock market fell all the way to a circuit breaker at the opening. Coupled with leverage, the stock account operated by the other party was directly exposed, with US$30 million, not a single cent left.

Faced with the hint that the senior management wanted to put all the blame on the other party, and the high-value claims that he was doomed to bear, the collapsed manager jumped directly from his office on the 25th floor.

After confirming the authenticity of the news, the relevant teams of the Westeros system quickly launched public opinion operations, and the Internet, television and newspapers were fully blossomed.

However, the relevant news has also been processed to a certain extent, focusing on hundreds of victims whose life savings were cleared in a blink of an eye. At the same time, it turned the spear toward a certain initiator who triggered all this and criticized it.

Too many people's personal wealth shrank due to the plummeting US stock market today. This news deliberately pushed quickly resonated with emotional resonance across the United States. In just one day, Al Gore changed from a windmill rider who dared to challenge capital oligarchs to a financial killer who destroyed the private wealth of countless American families.

A long day.

On Thursday afternoon, the Nasdaq finally closed with a deep drop of 8.7%, and the Dow Jones Index plummeted 5.6%. The accumulated wealth in the two major trading markets evaporated by more than $1.2 trillion.

That night, all parties who had previously insisted on waiting and watching began to speak out one after another.

First, Clinton was interviewed by NBC, and Mr. President politely stated that what the federal government needs is a stable investment and financial market environment, rather than a radical disruptive changer.

The attitude is obvious.

The last bustle of the election turned into a war to defend the stock market. For the sake of the overall situation, even the President abandoned his vice president without hesitation.

Subsequently, Bush also published a signed press release on major portals, which not only clearly expressed his strong support for the new technology industry, but also made an additional statement that once he was elected, if necessary, the Federal Reserve's interest rate hike process will be suspended to give the market a more relaxed development environment.

In addition to the two current political focus figures, many other important celebrities in the political and business circles have also expressed their attitudes through various platforms, basically supporting the federal stock market.

Next, Al Gore, who ran two campaign rallies in one day, unexpectedly remained silent.

Aren't there three rally?

no.

Recently, the poll's approval rating is tumbling down in New Hampton, where the 1% rating, the Gore team rented a stadium for campaign events. The local government suddenly claimed that due to a power supply failure, the evening activities were forcibly cancelled in order to ensure the safety of the people.

The obvious deliberate targeting should have been a good topic of hype. However, Gore's team neither took advantage of the issue nor temporarily changed the venue and reorganized the activities, but silently chose to accept it.
Chapter completed!
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