KOSPI breaks 3,000 points
Posted : 2021-01-07 16:06
Retail investors should be cautious in overheated market
Korea s stock price index surpassed 3,000 points Thursday for the first time in the bourse s 38-year history. A combination of factors pushed the KOSPI into untrodden territory, such as abundant liquidity thanks to the government s massive release of fiscal funding to help overcome the impact of COVID-19; a craze among individual investors, seen as acting like a colony of ants ; and an optimistic outlook on high-tech industries such as secondary batteries, biopharmaceuticals and electric vehicles.
However, this is the time for retail investors to listen to warnings against the market s unprecedented steep surge. It is unusual for the finance ministry and the central bank to simultaneously issue a warning on the gulf between the stock market and the real economy. Particularly, individuals should refrain from investing in the stock market with borrowed money. The governm
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excess liquidity. the equivalent of around $66. there he was in the background of an interview taking place at a horse race in ireland. talk about money needing laundered. who wants this on their face? a 2002 study showed it has pathogens. i haven t cried like that since titanic. when woody harrellson uses cash to wipe away tears. the guy who used a euro note to mop up rain drops could have left his cash in his pocket if he had supporters like mitt romney did. during the last presidential campaign, this restaurant owner came to mitt s rescue whether or not mitt wanted rescue. i can t let our next president look all sweaty like this in a photograph. the restaurant owner then tried to wipe off a piece of napkin that he left on mitt s lower lip. but this time, mitt kept a stiff upper lip and did it himself.
stockman s critique goes wayon to benazir ben bernanke, all thy back to paul voelker. he is saying he just inflated created various bubbles with all this money printing and loose money policy. you think that is an absolute mistake right from the get-go? i think what he has done on he monetary policy is an absolute mistake and i don t think it goes back to voelker or greenspan. both of them did a good job. ben bernanke broke with the tradition of the fed by expanding the balance sheet of the fed or increasing the monetary bay s north bay s nm mousily. now we have huge amounts of excess liquidity which will lead to inflation, but even more so, the feds balance sheet, they risk inkole veins si of the fed s balance sheet, and they ll tell you that doesn t matter but i think it matters a heck of a lot. let me tell you what david