Al Gore's flip-flop speech in Iowa had 'immediate impact'.
When the news spread quickly, the originally exciting New York stock market curve turned sharply downward in late trading. The three leading stocks in the two cities, Yingrete, Daenerys and Tinker Bayer, were the first to bear the brunt of their continued upward momentum. A sap hit, and the head fell straight down.
At 4:30 pm East Coast time, U.S. stocks closed.
The first is Daenerys Entertainment, which has attracted the most attention today. Although its market value exceeded one trillion at the opening of the market in early trading, due to the sudden change of Gore, it was regrettable that it could not hold on until the end of the trading day.
Not only that, Daenerys' stock price on Wednesday's trading day not only failed to maintain its gains, but also fell by as much as 3.2%. The final closing market value fell to US$949.6 billion from US$981.1 billion before today's opening.
If calculated based on Daenerys' highest market value of US$1,011.7 billion on this trading day, Daenerys Entertainment's stock price fluctuated as high as 6.5% in a single day, equivalent to a book wealth of more than US$60 billion. Because of a speech by Gore, short In just twenty minutes, it evaporated out of thin air.
And this is just Daenerys.
The other two giants, Yingreit and Tinker Bayer, both turned from previous gains to sharp declines in one-day closings, driving thousands of stocks in New York's two major stock exchanges down together.
The final result was that on Wednesday, the Nasdaq index closed down 2.7%, and nearly $300 billion in wealth evaporated from the market. The Dow Jones closed down 1.6%, also wiping out nearly $100 billion in financial wealth.
However, this is still just the beginning.
the next day.
Thursday, November 2nd.
Public opinion has been fermenting all night. Not only within the Federation, but also the whole world knows that once Al Gore takes office, he will aggressively attack the Westeros system's anti-oligarchy plan.
So much happened during this sleepless night.
The most direct feedback is the stock market of New Day.
On Gore's part, perhaps sensing some kind of 'first victory', New Day ambitiously planned to fly to three continents and launch three large-scale canvassing activities in the morning, noon and evening. He didn't even have time for breakfast, and once again arranged for many media At the breakfast meeting, he continued to attack Simon, crusade against the Westeros system, promote his anti-monopoly plan, and even brought up the once short-lived and highly targeted 'rich tax' plan.
A great deal of fun.
Even if all the media operations teams in the Westeros system are working at full capacity, it is still difficult to resist the large number of media outlets chasing trend reports for sales, ratings, and clicks. After all, in recent years, although there is no feeling that "Westeros has been suffering for a long time", But a certain super-rich man hangs there every year, making people unable to even look up to him. It is really too dazzling.
Now, someone has finally pointed the finger at the other party directly again. Due to human nature's natural hatred of the rich, countless people like to hear about it.
However, watching the excitement sometimes comes with a price.
The price comes quickly.
The stock market opened at 9:30 a.m. East Coast time, following a late sell-off the previous day. Impacted by Gore's remarks and, of course, the intensive and secret operation of the Westeros system, the Nasdaq market collapsed and fell 7% in just 9 minutes after opening, plummeting from 8367 points at the opening to 7781 points, triggering the third circuit breaker in the U.S. stock market after the establishment of relevant mechanisms.
In just nine minutes, more than $730 billion in financial wealth disappeared from the Nasdaq market.
Yingruit was the first to bear the brunt. Before the circuit breaker, the plunge even reached 13.7%. The market value fell from US$1.1635 billion before the opening to US$1.0041 billion, barely holding on to a market value of trillions.
Although Yingruit is far from the one with the largest decline in the two U.S. stock markets, given the company's trillion-level market capitalization, more than $100 billion in market value has evaporated in the blink of an eye, which is absolutely shocking.
Tinco Bayer, which had just broken through in recent days, was not immune. Before the circuit breaker mechanism was triggered, the stock price also plummeted 9.2%, and the market value dropped from yesterday's closing price of US$1,017.6 billion to US$923.9 billion.
Just these two Nasdaq leaders lost more than $250 billion in market value in less than 10 minutes. Other technology stocks, large and small, followed closely behind, and they were also in miserable condition.
On the other side, Daenerys Entertainment led the New York Stock Exchange. Before the suspension of trading in all U.S. stocks, although the decline did not reach 7%, Daenerys Entertainment, as an individual stock, also fell as much as 7.9%, driving the entire market as a whole. It fell 4.3%.
Tragedy fills the land.
The collapse of the U.S. stock market was like a stock market crash, causing countless onlookers who wanted to watch the excitement to quickly calm down.
Because there are no bystanders.
Everyone is in the game.
You know, in recent years, as the new technology industry has recovered rapidly after the short-lived bubble burst in early 1997, both the federal government and overseas countries, whether billionaires or ordinary middle class people, have tried every means to raise funds to break into the new technology market. Please share the dividends in this crazy Internet bull market.
Not to mention the large number of people at the top of the pyramid who would rather pledge their ancestral properties to buy Internet stocks, or even the general public. In just two or three years, the proportion of retail investors in the U.S. stock market has soared from about 17% in 1997 to the current level. 29%, behind this number are millions of ordinary middle-class American families.
As long as they are not fools, everyone can understand that technology stocks have become too bubble and may burst in the next second.
However, the greed of human nature makes countless people feel that they will be the luckier ones, and they can make another sum before the collapse, and then make another sum, and finally make a sum... In short, in this grand capital carnival Among them, there are only a few who can refrain from jumping ship in advance.
Now, it seems that technology stocks have finally ushered in another moment of collapse. If this is the natural reaction of the market, most people can only admit that they are unlucky. However, in the eyes of most investors, this is not a natural disaster, but a man-made disaster.
A certain unlucky politician, for the sake of his own political ambition, actually destroyed the prosperous stock market that everyone cherished. How can people tolerate this? !
After all, no one knows whether you can fulfill your campaign promises. We have seen politicians make nonsense countless times during the election stage. However, the rapid shrinkage of money in stock accounts is visible to the naked eye in a short period of time.
What did you say
Destroying someone's wealth is like killing one's parents.
Although it is a Chinese proverb, the truth is applicable to the whole world.
Therefore, on the morning of November 2, 2000, all investors related to the US stock market had the painful illusion that their 'biological parents' had been stabbed severely by Al Gore.
MY MONEY!
!
As a result, in just 15 minutes after the US stock market was suspended from trading after the circuit breaker, pressure from almost all over the world quickly turned to Al Gore. The first was the countless financial backers who supported Gore's candidacy. Through various methods, The information delivered is basically the same.
Shut up!
Who cares whether you can be elected president, my stock account is the most important!
After a quarter of an hour that caused countless capital to suffer, the US stock market reopened. However, a miracle did not occur. Although the decline slowed down, the curve was still downward.
Then the day took another dramatic turn.
It just so happened that it happened in Florida.
Faced with the rapidly advancing new technology market, a fund manager in Miami failed to resist the temptation. Recently, with the tacit approval of the company's senior management, he misappropriated US$30 million in funds, increased leverage by 10 times, and bought all Internet stocks.
According to information collected by the Westeros system-related team stationed in Florida, the work log left behind by this manager shows that the other party’s plan is that after the three giants break one trillion at the same time, they will no longer be greedy and quickly clear their positions and leave the market.
A very sober and restrained plan.
However, after all, people are not as good as heaven. I did not expect that the three giants broke trillions at the same time yesterday, but they failed to stay, and the end fell sharply.
Then there's today.
According to the plan, it was supposed to be the day when the manager liquidated his position. However, the market did not give him any chance to escape. The stock market opened and fell all the way to the circuit breaker. Coupled with the leverage, the stock account operated by the other party was directly liquidated, with 3,000 Ten thousand dollars, not a penny left.
Faced with the suggestion that the top management would put all the blame on the other party, and faced with the high claims that he was destined to be unable to bear, the collapsed manager jumped directly from his office on the 25th floor.
After confirming the authenticity of the news, the relevant team of the Westeros system quickly launched public opinion operations, and the Internet, TV and newspapers were fully developed.
However, the relevant news has also been processed to a certain extent, focusing on the hundreds of victims whose life savings were wiped out in a blink of an eye, and at the same time, explicitly or covertly, they pointed the finger at a certain person who triggered all this and criticized them.
Too many personal wealth shrinks because of the plunge of US stocks today. The news deliberately pushed this news has quickly resonated with emotional resonance in the United States. In just one day, Al Gore transformed from a windmill rider who dared to challenge the capital oligarchs to a financial killer who destroyed the private wealth of countless American families.
A long day.
On Thursday afternoon, the Nasdaq index finally closed with a deep drop of 8.7%, and the Dow Jones index also plummeted 5.6%. In the two major trading markets, accumulated wealth evaporated by more than 1.2 trillion US dollars.
That night, all parties that had been waiting to see before began to speak out one after another.
First, Clinton accepted an online interview with NBC. The president tactfully stated that what the federation needs is a stable investment and financial market environment, not a radical and destructive changer.
The attitude is obvious.
At the end of the election, the excitement turned into a stock market defense war. For overall consideration, even the president did not hesitate to abandon his vice president.
Subsequently, Bush also published a signed press release on major portal websites. Not only did he clearly express his strong support for the new technology industry, he also stated that once he is elected, if necessary, he will suspend the Fed's interest rate increase process. , in order to provide the market with a more relaxed development environment.
In addition to the two current political figures, many other important figures in the political and business circles have also expressed their attitudes through various platforms, basically supporting the federal stock market.
Then, Al -Gore, who ran two campaigns a day, unexpectedly remained silent.
Aren't there three rallies
no.
In New Hampshire, where the polls have been stuck in the 1% range recently, Gore's team rented a stadium for campaign events. The local government suddenly announced that due to a power supply failure, evening events were forcibly canceled to ensure the safety of the people.
It was obviously deliberately targeted and should have been a good topic for hype. However, the Gore team neither used the topic to play on the topic nor temporarily changed the venue and reorganized the event. Instead, they silently chose to accept it.
A mutation that just stirred up, in a blink of an eye, dissipated silent.