In the afternoon, Tan Bingliang came to the door on time. Because there was still a lot of work to deal with in the office, he didn't have time to exchange greetings and started reporting directly.

"Mr. Fu, at the beginning of the year, Boss Lu asked me to come to New York to build the New York office invested by Yuantu. So far, there are 67 staff members in the office, including me, and the total assets managed are US$280 million..."

"How many?" Fu Song thought he had heard it wrong, "It was only over 120 million at the end of June, and it has more than doubled in just over a month?"

"Mr. Fu, you don't know how crazy the US stock market is, especially in late July, the S&P 500 and the Dow Jones Index rose madly." Speaking of this, Tan Bingliang shook his head gently, his eyes slightly confused, and his voice felt powerless, "I have been in the industry for more than ten years and have never seen such a crazy stock market. You can make money by buying stocks with your eyes closed. Not only are the investment institutions crazy, but even a large number of retail investors have begun to flock into the market, and those individual investors are also crazy, all crazy!"

Retail investors enter the market in large quantities, which is not common in the United States. Fu Song knows that there is a big difference between the stock markets of the United States and Hong Kong, that is, the proportion of retail investors in the U.S. stock market is not large, especially since the 1970s, after the pension funds, mutual funds and other institutional investors entered the market, retail investors have become less and less.

Because of pension funds and mutual funds, institutional investors such as institutional investors have team and professional advantages, and large amount of funds, it is difficult for individual retail investors to compete with them. Individual combat is likely to become a lamb to be slaughtered. In addition, the implementation of the registration system has led to many delisted stocks and high chances of individual stocks stepping on the mine, which has suppressed retail investors' enthusiasm for stock trading.

Therefore, retail investors might as well participate in the stock market indirectly through pension plans, which can delay tax payments and save worry and effort.

If Tan Bingliang said true, it only means that even ordinary people in the United States are starting to be red-eyed and are no longer satisfied with the little benefits brought to them by institutional investors, so they are ready to roll up their sleeves and end up in person.

Given the urinary nature of Americans overdrawing consumption, Fu Song really couldn't think of where they raised funds to trade stocks except for borrowing money. Individual investors increased leverage to trade stocks, which was purely because the old birthday boy was eating arsenic and was impatient.

Lu Renhe's courage to send Tan Bingliang to the United States to fight for the front-end station at least shows that Tan Bingliang's ability is good, but this period when stock trading with his eyes closed is profitable, it is not difficult to double the capital in one month. After all, Tan Bingliang also has a team, professional advantage, and a large amount of funds, so this achievement cannot be completely convinced by Fu Song.

"You have been in the United States for more than half a year. What is your judgment on the future market trend?"

Tan Bingliang obviously had a long time ago and said without hesitation: "Although the US stock market has risen wildly this year, there have been several short-selling technical signals. The recent times were early May and mid-June. Recently, the S&P 500 daily line also showed short-selling technical signals. This is a sign of fundamental weakness. A similar situation occurred last year, but it did not cause too much consequences. Moreover, the US dollar has been weak in the past two years, and I think the market will gradually deteriorate."

Fu Song was generally satisfied with his judgment and asked with a smile: "Do you think there will be a stock market crash?"

"Stock stock market crash?" Tan Bingliang was stunned for a moment and shook his head, "Mr. Fu, I don't quite understand what you mean. Although the US stock market will deteriorate, I really can't judge whether it will deteriorate to the extent of a stock market crash. Mr. Fu, I am good at trading and I am not good at market forecasting."

Fu Song smiled and said, "You are quite realistic. Mr. Lu didn't choose the wrong person."

Tan Bingliang said: "Boss Lu has given me instructions. After you come, you will follow your instructions."

Fu Song waved his hand and said, "I have nothing to give. Just follow the steps, just follow the steps, and do it steadily at your pace."

Tan Bingliang knew that he had passed by Fu Song's place, and his tone became relaxed and asked, "Mr. Fu, when will I go to the office to inspect?"

Fu Song said: "I will go to the school and the consulate to report in the past two days. After I settle down, I will go to your place to see it."

Tan Bingliang said: "Okay, Mr. Fu, if you need anything, you can call me at any time."

Unlike most other world-renowned universities, New York University is located on the bustling Manhattan Island, less than ten minutes' drive from the Bickman Thompson Hotel where Fu Song stays.

This is the heart of New York, the economic center of the entire United States, and the location of the New York City Central Business District. It brings together the headquarters of most offices in the Fortune 500.

New York University has no campus, and the entire Manhattan is the campus of New York University. Teaching buildings are scattered around Washington Square, with streets and alleys within a few miles. NYU’s purple flags fluttering in the wind can be seen everywhere. They are all New York University’s industries.

"Sir, here." The driver Chrys is a middle-aged white man in his thirties and under forties. He has a poker face, as if someone owes him money. He is about the same size as Fu Song, but his black suit can't cover up his developed muscles at all, and looks like a brown bear.

Chrys didn't talk much, and after meeting, he said a total of two sentences. The first sentence was Fu Song asked after getting in the car, "Sir, where are you going?", and the second sentence was "Sir, you're here."

However, such drivers are Fu Song’s favorite, and chatting to relieve boredom is enough for Yu Sheng and Chu Linlin.

"You can find a place nearby to wait for me." Fu Song had already made an appointment with Lu Renhe's friend who coached at New York University, and he would be the guide.

Accompanied by Lu Renhe's friend, Fu Song successfully completed the registration procedures and met with the tenured professor of the Department of Political Science, named Kaman. Seeing that it was almost time for dinner, Fu Song invited Lu Renhe's friend to have a meal, but the other party politely declined.

After meeting with Chrys, he returned to the hotel and sat next to him halfway through, Chu Linlin, who was sitting next to him, said, "Mr. Fu, why do I feel that Mr. Xu is lukewarm to us, as if he is hiding from us."

Yu Sheng turned around and said, "Yes, I feel this way, too."

Fu Song smiled and said, "It's already good to help this. What else do you want? They don't owe us anything."

Yu Sheng said: "Director Fu, is Boss Lu talking nonsense? What about his old classmates and friends? Anyway, if my old classmates and friends treat my friends like this, I will definitely spit on him and then break up with him."

Fu Song said: "Mr. Xu is a Chinese American. What is Chinese? He has no Chinese nationality and is essentially an American. The Chinese have a very awkward position in the United States. Not to mention white people, they are even worse than black people. In order to prove that they are Americans, they will deliberately keep a distance from us, draw a clear line, and even do even more extreme things."

Chu Linlin shook her head and said, "Isn't this the Han'er's words all the time, but he scolded the Han people at the top of the city.'? I forgot my ancestors in the number of dictionaries."
Chapter completed!