[Economy Pick] US Stock Exchange Is 'Excited'...S. Korean stocks 'looks ahead'

[Anchor]
Shall we look at the second question?

The U.S. stock market is "excited" and the Korean stock market is "watching."

The U.S. stock market has been hot for days, but our stock market hasn't, has it?

[Reporter]
The KOSPI closed lower and the KOSDAQ index closed higher.

It closed flat for the second day following yesterday.

Still, it is better than the previous decline after Trump's election the day before yesterday.

However, he has not escaped the anxiety that has been hanging over him since the election of former President Trump.

Foreigners were net buyers in both the KOSPI and KOSDAQ markets and suddenly turned to net selling on the KOSPI market in the afternoon, sending the KOSPI lower.

The U.S. Fed's interest rate cut early this morning did not last long in the KOSPI market.

We listened to the stock market analyst's analysis.

[Park Seok-hyun / Woori Bank analyst: Although it is expected that the extreme stock price direction that appeared right after the U.S. presidential election will not continue, the burden of changes in U.S. foreign policy on the domestic economy or the stock market following President Trump's election is still latent.]

As the proportion of foreign transactions in our economy is so large, concerns about corporate performance due to worsening trade conditions are not going away.

[Anchor]
On the other hand, the U.S. stock market has been hitting all-time highs since Trump's election, so why is this?

[Reporter]
The biggest thing is that the risk of the presidential election has disappeared.

It missed market expectations, but the presidential election ended anyway as former President Trump won a landslide victory.

In addition, the Republican Party's control of both the Senate and the House of Representatives has allowed former President Trump to implement his policies strongly.

Summarizing former President Trump's economic pledges are corporate tax cuts, tariff hikes, and financial deregulation.

Corporate tax cuts are naturally welcomed by U.S. companies.

The increase in tariffs is bad for countries that export to the U.S., such as Korea and China, but it could be a good thing for U.S. companies.

Financial deregulation is also a good thing for U.S. financial companies, which have been heavily regulated since the 2009 global financial crisis.

As a result, shares are rising on expectations for improved U.S. corporate earnings.

The Nasdaq and S&P 500 closed at all-time highs on a day-to-day basis.

The warm wind blowing in the U.S. stock market is expected to have a positive effect on our stock market.