Half a month passed by quickly.
During this period, Chen Daojun lived his life step by step. Other than going to school every day, he would stay at home and read the newspaper.
For this reason, he even asked his father to help him order a copy of the Financial Times.
Although Chen Runji was somewhat baffled, he still agreed.
After all, he was actually very happy that his youngest son could get his father's love.
As for Chen Daojun, he read the financial newspapers every day and was finally convinced that Black Monday was getting closer and closer.
One had to know.
From the end of 1984 to August 1987, the US stock market experienced a bull market for nearly three years.
In less than three years, the S P index more than doubled.
At the same time, the average price-earnings ratio of the stock market rose from about 12 times in 1984 to about 23 times in 1987.
In fact, if the time period was extended to 1982, the U.S. stock market rose more than three times in five years, and the average price-earnings ratio was far from seven to nine times that year.
Under such circumstances.
As the February Plaza Agreement was replaced by the Louver Agreement, the five Western countries agreed to stabilize the exchange rate on the basis of the existing trade balance. The Federal Reserve also began to raise interest rates again this year.
Contrary to the situation two years ago, the US trade deficit was no longer decreasing. The Federal Reserve's interest rate hike had indirectly put pressure on the rising stock market.
On October 4th, Greenspan, who had just been the chairman of the Federal Reserve for two months, warned that he would consider raising interest rates further. The already weak stock market was shocked.
On October 6th, the yield of US Treasury bonds reached a new high in two years, causing the Jones Index to plunge.
In the next three days, the stock market continued to weaken.
The index fell to close at 2482 points, and the weekly line was a big negative line with bare feet.
On October 13th, some members of Congress discussed a proposal to impose heavy taxes on Wall Street's high-yield debt leverage acquirers. The news of the high tax proposal caused a strong sense of unease in the stock market.
The next day, the index plunged 3%.
The next day, the index rebounded sharply, but it ended down 2% and left a long upper shadow.
On October 16th, the Jones Index closed at 2246.74 points, a 13% drop from the 2596 points on September 30th.
However, most people did not expect to experience another plunge next Monday.
No one would have foreseen that the US stock market would experience the biggest one-day drop in half a century next Monday.
Except for Chen Daojun!
………………
October 17th.
Chen Daojun had just woken up when he found an unexpected guest sitting in the living room.
"Chief Li!"
Looking at the middle-aged man sitting there chatting with his father, Chen Daojun was somewhat surprised.
"Young Master Daojun."
Chief Li immediately stood up and bowed slightly to Chen Daojun." The Guild Master invites you over."
？？？？
？？？？
Hearing his words, Chen Runji was stunned.
He did not expect his father to take the initiative to let his youngest son go over to see him. What was going on?
"Daojun, this…"
Chen Runji looked at his youngest son.
In the end, Chen Daojun smiled slightly, but did not explain anything to his father. He only nodded to Chief Li: "Okay, Mr. Li, please wait a moment. I'll go get my bag.”
He still had his weekend homework to finish, so he had to bring it over to do it together.
He had no choice.
Even transmigrators had to study.
Chief Li nodded.
Very quickly.
Chen Daojun carried his school bag and sat in the private car of the chairman of Shunyang Group.
Sitting in the car, Chen Daojun suddenly said,"Mr. Li, how much funds did Grandpa mobilize?”
"I'm sorry, Young Master Daojun. You'll have to ask the president.”
According to seniority, Li was Chen Yangzhe's nephew, but he was very polite to Chen Daojun. He didn't look down on him because of his young age.
The reason was simple.
Although this Young Master Daojun was young, he was definitely a genius!
This was the first thought that came to Director Li's mind after he read the data sent from New York yesterday.
At such a young age, he had such a keen sense of business. It was really too terrifying!
"Alright then."
Seeing that Chief Li didn't say anything, Chen Daojun didn't continue to ask.
He smiled, hugged his bag, and looked out the window.
In the late 1980s, Korea's development was actually very ordinary. It was far from reaching the level of development of the later generations.
Many places even had barren lands.
Looking at these places, Chen Daojun frowned.
He really wanted to remember what was the best place to develop in the city that was later renamed as Seoul.
But it was a pity.
He was not the secretary who had been reborn.
Other than Qingtan Cave, Hongda University, and Yeouido, he really didn't know where else was more developed.
"Wait…"
Chen Daojun suddenly remembered a movie he had watched before. It was called " Gangnam 1970." It seemed like the Jiangnan District in Korea was a wealthy district in Korea.
It seemed that he had to buy more houses in the Jiangnan area in the future.
Chen Daojun thought to himself.
Just like that.
The car drove into Zhengxin House.
When the car stopped, Chen Daojun got out and saw his grandfather, Chen Yangzhe, standing on the grass not far away.
"Grandpa!"
Chen Daojun quickly ran towards Chen Yangzhe.
When Chen Yangzhe heard Chen Daojun's voice, he turned around abruptly.
"Hahaha, my little genius is here!”
Chen Yangzhe happily extended his hands towards Chen Daojun and said,"Come quickly, let grandpa see if the little guy who made me a billion dollars has grown taller!”
F * ck!
Chen Daojun, who was running, staggered.
What the f * ck!
He only earned one billion USD?
Wasn't this grandfather of his a little too conservative?
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