Traditional Culture Encyclopedia - Hotel franchise - What do you think of Wall Street?
What do you think of Wall Street?
What happens on Wall Street today may affect the lives of billions of people around the world, and Wall Street traders bring millions of dollars in losses or profits every day. Ceos of start-ups dream of IPO here, while MBA students are eager to trade in their offices. This is the most important financial center in the world, but it used to be just a small wooden wall.
Wall Street is a road that extends six blocks at the southern tip of Manhattan. New york Stock Exchange and several banks are located on this road. As a financial entity, Wall Street is much bigger than this. In a few blocks around Wall Street, companies and some of the most important financial institutions in the United States: Federal Reserve, Wall Street Journal, Nasdaq Stock Market, New York Mercantile Exchange and countless banks all operate nearby, which makes Wall Street one of the most important financial centers in the world.
In fact, the origin of the name Wall Street is still controversial among historians. Most historians believe that it may have started from the defensive positions of Dutch colonists.
1668 Before the Second Anglo-Dutch War, new york was also called New Amsterdam, which was then a Dutch colony.
Dutch colonists were worried that the British would invade their colonies, so they built a wooden wall 3 meters high and 700 meters long around their settlements. It usually runs along the area we call Wall Street today, with gates at the modern intersection of Wall Street and Pearl Street, Wall Street and Broadway. This leads to the future British immigrants who will name it Wall Street after the wall along the road when they come here, and the Chinese transliteration is Wall Street.
The name of a street in southern Manhattan, new york, USA, is less than 1.6 km long and only1/m wide. Wallstert is a transliteration of English "Wall Street". It concentrates the comprehensive management offices of big companies such as banks, insurance, railways, shipping, mining and manufacturing. Established by new york Stock Exchange, American Stock Exchange, Rockefeller, Morgan, First Citibank Consortium, Boston Consortium, Mellon Consortium, Cleveland Consortium, Chicago Consortium, California Consortium, Texas Consortium, etc.
We often see in some financial news that "Wall Street has raised the target share price of a company", "Wall Street has predicted crude oil futures", "Wall Street's expectation of a company's net profit" and "Wall Street hedge funds are shorting a company". What is the "magic" of Wall Street that affects the global economy?
On September 1 2006, the World Trade Center in new york Financial District near Wall Street was attacked by terrorists, and the new york Stock Exchange stopped trading. At this moment, the American economy and even the world economy are almost stagnant. From the September 1 1 incident, we can see that the influence of Wall Street, a financial empire, has shaken the world. New york has more than 500,000 financial employees, and Wall Street accounts for 654.38+10,000. This narrow and short street actually accommodates more than 654.38 million people. Many elites have gathered, and these people have extremely high incomes. There are hundreds of thousands of annual salaries everywhere, and high annual salaries are tens of millions and hundreds of millions. In short, Wall Street controls a lot of American finance, while the United States controls most of the global trade.
On September 5, 2008, the world focused on Wall Street. On that day, Lehman Brothers, the fourth largest investment bank in the United States, filed for bankruptcy protection, and Merrill Lynch, the third largest investment bank, was acquired by Bank of America. Affected by this, the three major stock indexes of new york stock market fell sharply on June 5438+05, the biggest one-day drop since the September 1 1 incident. Some people say that this is a "once-in-a-century earthquake", while others use the "financial storm" as a metaphor for this crisis. And people at the center of this financial storm have also experienced unforgettable days. As people say, Wall Street in the United States fell slightly, while other countries fell sharply, the United States fell sharply and other countries fell sharply.
Many Wall Street tycoons are worth billions of dollars, with Berkshire Hathaway worth 487.8 billion dollars, Buffett worth more than 80 billion dollars, Soros worth 25 billion dollars, carl icahn the Wolf King of Wall Street worth 65.438+04 billion dollars, Ladario, godfather of hedge fund, in charge of 65.438+02 billion dollars, james simons, father of quantitative investment, 72.6544 billion dollars, JPMorgan Chase worth 383.7 billion dollars and Rockefeller family. These tycoons and consortia hold a lot of wealth, which is as rich as an enemy and has a great influence on the global economy. Wall Street also influences American politics. Every time the US presidential election, Wall Street bosses will stand in line, and those presidential candidates also hope to get the support of Wall Street bosses. It has been said that the power of Wall Street can influence the US presidential election. The current US President Trump is a successful businessman.
The separation of the three powers and the independence of the judiciary in the United States have caused three major interest groups, military industry, finance and lawyers, to dominate American politics, while financial giants and multinational enterprises manipulate the economy. Because politicians rely on the political contributions of consortia in the election campaign, those Wall Street consortia have indirectly influenced American politics. The United States is the world's number one economic power with a GDP of 2017. According to the current price of 20 17, the GDP of the United States is 193868 billion US dollars, with a real increase of 2.3% year-on-year. The comprehensive national strength of the United States is super developed in economy, politics, military affairs, education and scientific research. No one can match it so far. Of course, at this time, China is developing at a high speed, and it is only a matter of time before it surpasses the United States.
In 1993 "Beijing Master Plan" approved by the State Council, it is proposed to build a national financial management center from Fuchengmen in the West Second Ring Road to Xingmen, the core area of Fu Beijing Financial Street, and to centrally arrange the headquarters of national banks and non-bank institutions, so Beijing Financial Street came into being. Financial Street starts from Fuxingmennei Street in the south, reaches Fuchengmennei Street in the north, reaches the West Second Ring Road in the west and reaches Taipingqiao Street in the east. The planned land area is nearly 103 hectares. Among them, the construction land is about 44 hectares, the road land is about 32 hectares, and the greening rate is over 30%. The financial street has begun to take shape.
The overall planning construction area of Financial Street Area is 4.02 million square meters, of which the office area is 74%, apartments account for 3%, hotels account for 4%, and other supporting facilities such as green space account for 19%. At present, the completed building area is 3.22 million square meters, and the area under construction is 5 1 1,000 square meters. It is estimated that the total investment is 46 billion yuan, and 38 billion yuan has been invested. According to the master plan, Financial Street will be completed in 2008. Covering an area of 1. 18 square kilometers, Beijing Financial Street is the first large-scale comprehensive financial industry functional zone in Beijing. It is understood that there are 523 financial institutions in Beijing Financial Street, with corporate headquarters 175. Among the top 500 enterprises in the world, 18 enterprises are located in this financial street. The assets of 99.5 trillion yuan are 40% of the national financial institutions, and there are nearly 230 thousand employees engaged in financial work here. As early as ancient times, the area where Beijing Financial Street is located has been a financial center. As early as the Yuan Dynasty, it was called "Jincheng Square". By the end of the Qing Dynasty and the Republic of China, it had developed into a real financial center in China. Some market participants believe that with the development of China's economy, Beijing Financial Street may replace Wall Street and become the financial center of the future world.
Wall Street has now become a symbol of the times. Although with the rapid development of the global economy, financial centers all over the world are constantly leaping over, it will take time to test whether the rise of global financial centers such as London, Tokyo, Shanghai and Shenzhen will be surpassed by Wall Street, but Wall Street still has a decisive impact on the global economy.
Harvesting global wealth, like this time, feels that US stocks are intentional, and then the world is affected, global assets fall, gold falls, and commodity futures are added, and then speculation is low.
Speaking of Wall Street's admiration for financiers, of course, it arises spontaneously, which is the most sacred place in the investment community. From the initial TV screen, we saw a group of people making noise and passing bills. With the spread of these bills, it quickly affected the price of gold in Britain, the price of oil in Saudi Arabia and the price of copper in Brazil.
This is the power of capital, and this is the sale of virtual goods formulated by the world's top elites. Harvest the products of real labor output.
Now is not the original primitive society and farming era. This is an era of capital operation and opportunism. Capital operation is two-sided. It can avoid your losses in real life and bring benefits to your investment. Capital operation is also terrible, when Soros shorted Asian financial markets. On one's own, the whole Asian economy is depressed and the people are struggling. Many people can't think clearly, but hard work has not brought them enough food and clothing.
What do you think of Wall Street? Beauty and beast coexist. Capital is a gentle beauty in a cage; Once the cage is opened, it is a man-eating beast. The greed of capital determines the nature of Wall Street.
After World War II, new york has been recognized as a financial center all over the world, and Wall Street has concentrated almost all famous financial giants such as Goldman Sachs, Merrill Lynch, Morgan Stanley, Lehman Brothers and Citigroup.
Now, new york's position is facing the crisis of being replaced. In 2006, for example, the top three IPOs in the world were Industrial and Commercial Bank of China, Bank of China and Russian state-owned oil company Rosneft. ICBC and BOC listed in Hong Kong, while Russian oil companies chose London.
According to the research report released by McKinsey & Company in June 5438+ 10 this year, according to the current trend, new york may lose 7% of the financial market share in the next five years, equivalent to 60,000 jobs. Among the 50 Wall Street CEOs surveyed by McKinsey, 40% believe that the attraction of new york financial center will gradually weaken in the next five years.
Insiders pointed out that new york currently faces three major challenges: First, there are too many regulatory agencies; Second, class actions related to securities have increased substantially; Third, American companies are not prepared to adopt international accounting standards widely adopted in Europe and Asia. It is said that in early 2007, the US Treasury held a seminar with the theme of "Capital Market and Economic Competitiveness". This means that not only Wall Street, but also the US government is aware of the crisis of the loss of competitiveness in the US capital market.
At the same time, the performance of the City of London is surprising. Located in the east of London, this land with an area of only 1.4 square miles has become the place where 20% of international loans, 30% of foreign exchange transactions, 40% of OTC derivatives transactions and 70% of secondary bond market transactions take place.
This year, reports on the ranking of international financial centers by various institutions have been released one after another. Although the evaluation criteria are different and the listed cities are quite different, without exception, the name of London is put before new york.
Since the beginning of this year, the IPO wave of Russian banking, Norwegian oil and gas industry and British real estate industry has made European banking profitable. By the end of May, when the IPO commission charged by Wall Street underwriters was more than twice that of their European counterparts, the European IPO attracted $37.8 billion, which was 178% of the US IPO 21200 million. The industry expects that the IPO trend of enterprises in Europe will continue to soar in the rest of this year. This is the first time since the end of World War II, and the income gap between banks in Europe and America has been almost zero.
Facing the challenge, American financial circles spare no effort to enhance their competitiveness. Not long ago, NYSE Group acquired Euronext, headquartered in Paris, for US$ 654.38+04 billion, thus gaining control of four European stock exchanges. The smaller American Nasdaq Stock Market Company also announced that it will acquire Stockholm Options Exchange in Sweden, which has seven stock exchanges in Northern Europe, for $3.7 billion to jointly establish a transatlantic trading platform. Recently, it has also been reported that NYMEX, the world's largest energy futures exchange, is looking for a buyer, and NYSE is most likely to win.
There are also big moves in London. A few days ago, the London Stock Exchange announced that it would acquire the Italian Stock Exchange in Milan for1600 million euros. If the transaction is successful, the merged new group will become the largest stock exchange in Europe.
3-2
A group of vampires with high IQ. Let them not know themselves by various means. Mosquitoes that reap the money of the free world.
Wall Street, a street in southern Manhattan, new york City, extending from Bailaohui Road to Donghe River. Because it is the seat of financial institutions and markets that have influence on the whole American economy, it is also the financial center of the United States, which has great influence on global financial activities and is a gathering place of wealth. On Wall Street, money never rests.
1. It is the gathering place of a group of the smartest people in the world and the top brain gathering place in the world;
2. Numerous wealth myths have been created there, and a lot of prosperity in the world started from there;
3. It is a pilgrimage place for countless financial practitioners and a dream destination for many people;
4. It was a place where countless disasters began and many people's dreams were shattered;
5. It is also a place where countless prosperity has fallen!
Wall Street is a street [Yi Ya]. A group of highly educated guys are integrating with capital, that's all.
The establishment and perfection of a system or system will eventually go through all kinds of hardships and unremitting efforts. May is such a crossing point of passion.
With a paper decree issued by the CSRC, the truth of Qiong Minyuan came to light. After people breathed a sigh of relief, they naturally raised the voice of further strengthening market supervision. Once the euro, which has been bred for many years, landed, the midwives forgot to wipe their sweat and immediately began to worry about how to create an independent and detached political and social environment; The wave of merger of the three banks on Wall Street is still striking, and people have to rethink the future pattern of the world financial industry.
The concept of "profit manipulation" first appeared in Mr. Jiang's long article published in china securities journal on March 28th. In just over ten days, people in China's securities industry will call it "profit manipulation" whether they look at it or not. This clearly shows the seriousness of this problem.
Whether today's China securities market is "healthy" is a key sign to get rid of shady operation and give the market and investors a clear explanation. However, in the "Annual Report Month" of listed companies that entered the China stock market, the strange figures made by those statements made countless people suspicious.
The cover article of this issue, Year of the Ox with Water Injection, begins with the investigation of various methods used by listed companies to achieve 10% return on net assets, revealing the history and present situation of profit manipulation of listed companies in China. Our purpose is to present the insider information of profit manipulation of listed companies, which is familiar to only insiders, to ordinary readers who can't understand the financial statements in various ways in a form that everyone can understand.
Things are different. Our report has cleared the dark clouds for you.
Wall Street is a street on the south side of Manhattan in new york City. The total length is only more than 500 meters, and the width is only 1 1 meter. But it is famous as "the financial center of America".
Wall Street was the place where the Dutch carried out the slave trade in the early days. It can be said that Wall Street was dirty and sinful from the day it was born.
Today, the word "Wall Street" has surpassed the street itself, becoming synonymous with nearby areas and the American financial industry. Managers of banks, insurance, shipping, railways and other companies set up by Morgan chaebol, Rockefeller Oil King and DuPont Consortium are all concentrated here. The famous new york Stock Exchange is also here. It is still the headquarters of several major exchanges, such as Nasdaq, American Stock Exchange and new york Stock Exchange.
Personally, American finance seems to be free and open, full of temptation. In fact, under the scene of civilization, it is full of deception and plunder. The so-called "freedom" magnifies human greed to the extreme, and the so-called financial order is also established by the chaebol. The huge risks brought by greed are packaged by carefully designed financial rules, and then closely tied to the society through the ubiquitous tentacles of financial institutions. On this financial pyramid, benefits are transported to the top of the tower layer by layer, while risks are passed on to the whole United States and even the whole world, and people at the bottom of society are sacrificed forever.
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