Chapter 1000： Stock market crash is coming (2/2)

This is just the beginning. After the opening of the next day, the military sector led the decline again, and the sector had fallen by 19 points at the end of the afternoon.

Within two days, 40% of the market value of the military industry sector has evaporated, and the market value has been reduced by 15 points. The wealth of billions of Aegis disappeared.

The matter is not over yet. After the end of the agonizing weekend, the stock market opened again next Monday and the market fell by 3 points. The military sector continued to lead the decline by 7 points, and some stock markets even lost 90% of their value.

Both were the financial centers of the Holy Roman Empire. The stock market in Vienna plummeted, and Frankfurt was naturally unable to escape. At the moment, both are bad brothers, and neither is luckier than the other.

In January, the stock markets of the two major financial centers fell all the way, even if they rebounded occasionally, they fell back the next day.

As of the end of January, the Vienna stock market had fallen by 34.7% from its peak, and Frankfurt was not much better. The overall market had fallen by a third.

The military sector that detonated this crisis is even more unsightly. Those who cut it in half are all excellent white horses, and two-thirds of them are companies with core technology. It is not bad for ordinary companies to keep one-fifth of their market value.

There is no way, the military industry is a cyclical stock that eats the dividends of war. How gorgeous the financial statements during the war were, and how **** they were after the war.

The current decline is just a market panic caused by the end of the French Civil War. Franz is sure that if these military companies release their financial statements for 1893, their stock prices will fall further.

The reason is naturally very simple. Last year, the orders of the Shenluo military dropped sharply, and the anti-French alliance, a group of large arms importers, also stopped their procurement.

The French Civil War and the Japanese-Spanish War, which were highly anticipated by everyone, mainly consumed inventory after the victory of the Anti-French War, and did not bring too many orders to domestic military enterprises.

Without orders, there will naturally be no performance. Almost all military industrial enterprises carried out major layoffs last year, which in itself was the biggest disadvantage.

As a matter of fact, the military industry stocks started a downward path as early as the end of the European War. It was just that the situation was tense in the middle of the year. The conflict between Britain and Austria was on the verge of breaking out. The Japanese-Spanish War and the French Civil War broke out one after another, and the market once again heated up.

Unfortunately, catching up with this last wave is the picker. The main factor that caused the stock price to plummet was that the French Civil War ended too quickly and the dealers did not complete the shipment. In order to stop the loss, we can only sell like crazy.

The real economy will not be better when the stock market crashes. Companies that can complete the transformation in time are always in the minority. The vast majority of companies still hold a fluke and want to carry it through.

With the occurrence of the stock market crash, a series of problems such as financing difficulties, bankruptcy waves, and unemployment waves also followed one after another, which directly interrupted Franz's good mood.

I originally thought that the economic crisis was triggered by the financial bankruptcy of the Italian states, but I did not expect the French civil war to end early and burst this bubble first.

The bubble has exceeded the plan, and the time to burst earlier is obviously not a good thing, which means that the preparations of the Vienna government have not been completed.

There is no way, the confidence of the market is too weak to withstand the toss. The bad news of the end of the French Civil War led to the bursting of the military-industrial stocks bubble, and it was impossible for Franz to go in and pick up the market in order to extend the time.

Frankly speaking, he also admired those warriors who dared to take over on the first day of the stock market crash. Especially those who play more with leverage are the warriors among the warriors, referred to as the dead warriors.

If you admire it, you don't need to follow suit. Once the prelude of the stock market disaster is opened, whoever enters will be swallowed.

Affected by the stock market disaster, police officers in all major cities of the Holy Roman Empire had to work overtime. High-rise buildings, bridges and rivers have become key monitoring objects. Recently, the frequency of dumplings has been too high.

According to statistics from the Vienna government, the number of suicides in the Holy Roman Empire in January 1894 increased by 114.6% over the same period last year, and there were even more suicide attempts.

There is no way, the world is so cruel. Since you have chosen to go to the gambling table, you have to bear the consequences.

The only thing that made Franz gratified was that not only his family was unlucky, but also a large group of bad brothers.

As the world's largest economy, the economy of the Holy Roman Empire is in trouble, and there is one industrial country in the world that can't escape.