Good bye Biden, Hello Trump

Good bye Biden, Hello Trump
The last U.S. stock market closed higher on the expiration of options and rumors that Intel was selling to an unnamed capitalist. The era of Trump 2.0 begins with a spectacular return, leading to the end of the war between Israel and Hamas and bringing peace to Gaza. As he said, the spectacular curtain rises and the main movie, not the trailer, is shown next Monday after high tariffs, tax cuts and strict crackdowns on immigrants come out. He's back.

In 2025, the U.S. high-tech, AI, and humanoid robot industries will be able to take off like last year, and the amount and scope of the Trump administration's support for that will be unveiled one by one. Another point to watch is whether inflation will not occur despite the imposition of tariffs, and whether bonds can be issued without rising interest rates even if the tax cuts are not covered by tariffs as they were under President McKinley at the end of the 19th century. And without illegal immigrants who worked in the 3D industry at low wages, many points were opened to see if the job market could be maintained without a sharp rise in wages until robots completely replaced all this. How to solve the immigration problem of highly educated people in the high-tech era...

Since Korea's martial law has been enforced for less than 40 days, the BOK has purchased RP 62 trillion won (62 billion U.S. dollars) and over 100 trillion RP last year alone, releasing funds on the market and lowering interest rates at below 3 percent, but the aftereffects will come someday. Governor Lee Chang-yong urged the BOK to implement fiscal policy in a decisive and swift manner because he is concerned about such adverse effects.

Now that the head of the national headquarter has disappeared due to martial law and the impeachment regime, the biggest act is the long life of civil servants, and the ruling party is only doing nothing, focusing on President Lee Jae-myung's inability, and the opposition party has been completely anarchic for more than a month, with the idea of taking on too many national emergencies alone, such as eating kimchi soup early.

The amount of money in the market maintained by RP, the exchange rate near 1,470 won, which is maintained by continuing to use the forward exchange card of the National Pension Service's overseas investment funds, but these two cards will not be able to withstand the current economic situation forever. Fiscal policy should be used as soon as possible to create a safety net for domestic consumption and economic turmoil. The moment of heightened uncertainty in the Trump 2.0 era has finally opened. Our fiscal policy is probably too late now. The sooner, the better...