I'm back in 1990

Chapter 932: In a Good Mood

At the request of Huang Ruiying and Huang Zeji, the family of four went to a themed restaurant on Huaihai Road. Huang Xiaochuan glanced around and found that the main customers were high-income middle-class people.

As Huang Xiaochuan flipped through the menu, he asked his daughter, "How did you know about this place?"

The little girl replied, "My second aunt brought us here before."

Upon hearing this, Huang Xiaochuan understood that it was normal for his second sister, Zeng Xia, to bring several children to such a place; it was also her spending style. So he stopped asking questions.

However, if Huang Xiaochuan were to choose the place, he definitely wouldn't come here. Firstly, he doesn't know this restaurant, and secondly, he doesn't like the atmosphere here. But today he's treating his son and daughter to dinner, so he'll just go with the flow.

Yu Xiang secretly observed her man from the side. After so many years of knowing each other and becoming husband and wife, although she dared not say that she understood her man 100%, Yu Xiang was certain that the matter from a while ago had probably been resolved.

She could tell this from the man's behavior. For the past month, the man had been looking preoccupied. Although he hid it well, Yu Xiang could still sense it.

Today, the man's demeanor has completely changed. It's as if the matter has been resolved, and he seems so relaxed and natural, and in a particularly good mood.

Yu Xiang asked, "Why are you in such a good mood today? Did you manage to complete some big project again?"

"A big project?" Huang Xiaochuan was a little puzzled, but he was genuinely in a good mood today. "It has nothing to do with the project. There were just a lot of things going on recently, but things have all sorted out now."

"That's good." Yu Xiang glanced at the man and didn't press for more details.

As June arrived, a deep anxiety permeated the US financial markets, as people did not know when the next powder keg would explode. Just over two months earlier, Bear Stearns had gone under, and that was the world's fifth-largest investment bank!

The magical financial market makes many impossible things possible, so most investors are watching with bated breath.

Every day, Huang Xiaochuan receives a summary of the latest financial market news from the United States and Europe.

In April and May, although the financial markets were given a brief respite due to the emergency acquisition of Bear Stearns, the fundamental problems remained unresolved.

The fundamental problem is the continuous decline in housing prices across the United States, the mountains of bad debts piled up by major banks and financial institutions, and toxic assets such as subprime mortgage derivatives.

Zhang Sui is very busy, so busy that she can only sleep five or six hours a day. She doesn't even have time to take care of her adopted daughter, so she brought her parents to the United States to help her take care of the child. Actually, the two elders don't need to take care of her, as there is a housekeeper and a nanny at home. However, Zhang Sui is not very at ease, and she feels much more at ease with her two elders by her side.

Since last year, after she hit several impressive home runs in the financial markets, major investment banks and institutions have been flocking to her door.

Their goals were remarkably similar: to hitch a ride on Zhang Sui's coattails and hand over their funds to her for investment.

This is also a common practice in European and American financial markets, commonly known as hedging.

All investments carry a certain degree of risk. To control risk, savvy investors will allocate their assets to two separate entities. Even if one entity loses money, as long as the other entity makes a profit, the loss will be offset. More often than not, the profit will exceed the loss. This is the basic operation of most hedge funds.

Zhang Sui couldn't turn away the money that was offered to her; all she could do was raise the entry threshold, for example, requiring $500 million to enter.

In the financial market, no one can profit alone; profits must be shared. Therefore, the world's top investment funds and investment banks have complex cross-shareholdings, investments, and other collaborations.

Zhang Sui was well aware of the unspoken rules of the European and American financial markets. Moreover, Dark Night Capital, which she controlled, had already made a fortune. If she didn't allow these investment banks and funds to participate in the subsequent short-selling market operations, then Dark Night Capital and even Changhong Capital would become the public enemy of the entire financial securities industry.

If a small investment fund or individual earns tens or hundreds of millions of dollars in the US financial market, Wall Street won't say a word. On the contrary, they will promote it vigorously to show how open the US financial market is and to entice a large number of investors to invest.

However, if investment institutions like Dark Night Capital make huge profits from the financial market, then these wolves on Wall Street will not let them off so easily.

Fortunately, Dark Night Capital's parent company is Changhong Capital, which has a long-standing cooperative relationship with these top funds and investment banks.

Therefore, when these funds and investment banks ask to join their investment schemes, Zhang Sui can only raise the entry threshold rather than bluntly refuse.

Furthermore, financial securities investment and trading in the European and American markets also rely heavily on these investment banks and funds. As the saying goes, they are intertwined, cooperating to make money while also guarding against each other.

In early June 2008, the Federal Reserve Chairman publicly expressed his concerns about the risks of dollar depreciation and inflation, which was interpreted by the outside world as the Fed stopping interest rate cuts.

This has caused even greater concern among investors in the market. Under the current circumstances, if the Federal Reserve does this, it means that even bigger problems will arise.

As expected, the risks associated with the approximately $5 trillion in mortgage loans held by Fannie Mae and Freddie Mac, the two largest subprime lenders in the United States, are becoming increasingly uncontrollable due to the current market environment and the real estate downturn.

The most noticeable reaction was in the stock prices of Fannie Mae and Freddie Mac, with Fannie Mae falling by 30 percent and Freddie Mac by 35 percent.

Credit default swap (CDS) spreads have surged to an astonishing historical high, which is undoubtedly excellent news for Dark Night Capital and Evergreen Capital.

A few days later, Lehman Brothers released its financial report for the second quarter of this year, showing a loss of $2.8 billion, which made the market even more volatile.

Just then, Zhang Sui arrived in Shanghai by plane.

Huang Xiaochuan's first words to Zhang Sui were: "I don't care what method you use, you must get eight hours of sleep every day. I'm not discussing this with you."

Although Zhang Sui had carefully applied makeup, even the most exquisite makeup couldn't hide her haggard appearance.

Hearing this, Zhang Sui felt a warmth in her heart. The usually strong-willed woman softened for once: "I understand."

Following the updates on Cola Novels has never been so enjoyable.