Minutes im the senior or for congressional affairs. The great economic institute. I would like to thank you all for coming. As you know this past fall south korea went through a process that led to earlier this morning which then resulted in a president ial election in south korea. Unlike others he has no transition period accept he assumes office in south korea. Ye are fortunate to talk about how this will impact the u. S. And korean relations, economic relations between the two countries as well and a series of other important issues and we are fortunate to have three very good experts and individuals as well as the financial times. We also have a bruise from the heritage foundation. Thank you very much. I also want to thank the panel for giving their invaluable time to come here and talk about south korea. My first question to what does that say about the political and social trends . The major factor that end up shaping this was the impeachment and public frustration and the corrup
The carekorea institute hosted event. Good afternoon. Id like to thank you all for coming. As you know, this past fall south korea went through a process that ultimately led to early this winter the impeachment. Former President Park geunhye, which led to a snap election in south korea. Weve gone through that election and moon jaein has become the president of south korea. Because of the nature of this election, he has no transition period and he immediately assumes office in south korea. We are very fortunate today to talk about how this election will impact u. S. Career relations, policy towards north korea, economic relations between our two countries as well as a series of other import ant issues. Were very fortunate to have knowledgeable individuals and with the korea times and nikkei review here in washington. We have Bruce Clinger from the Heritage Foundation and former assemblyman song hochong. For further information on all our speakers, you have their bios with you as well. T
The carekorea institute hosted event. Good afternoon. Id like to thank you all for coming. As you know, this past fall south korea went through a process that ultimately led to early this winter the impeachment. Former President Park geunhye, which led to a snap election in south korea. Weve gone through that election and moon jaein has become the president of south korea. Because of the nature of this election, he has no transition period and he immediately assumes office in south korea. We are very fortunate today to talk about how this election will impact u. S. Career relations, policy towards north korea, economic relations between our two countries as well as a series of other import ant issues. Were very fortunate to have knowledgeable individuals and with the korea times and nikkei review here in washington. We have Bruce Clinger from the Heritage Foundation and former assemblyman song hochong. For further information on all our speakers, you have their bios with you as well. T
And so the risk of almost all of the flash point issues is whether or not we can manage them without them being politicized. There is probably some kind of wiggle room to address some concerns that are outstanding related to the agreement. I think in a way the bigger issues, they are looking at them from different perspectives. The koreans havent caught up to the idea that for trump the only thing that matters is the merchandise trade balance. That is a contested view. I think even within the u. S. And probably it is going to take some effort to absorb that and try to figure out how to respond to that. They will need some time to put together a strategy on that i think. Yeah. I think a lot of it is the intent and the messaging. You can say maybe there is a mechanism for doing that. Some things didnt work out as well as you wanted to. You can say why dont we gret the folks together and youre willing to walk away from it. If its negotiating it may be counter productive coming in with gun
Good friday morning welcome to squawk alley. John fort is on assignment today. Dow up is 67, just off the highs of the session the s p 500 tech sector is up 17 year to date despite a big selloff yesterday with a volatile and first half of the year what does that mean for this second half . More on tech stocks, lets bring in mark mahaney and jeff ritzer, managing partner at ggb capital. Im looking at the week to date action amd down six google down five netflix five facebook two is this turning into more than a two or three day phenomenon . Thats hard to know i dont think. So i look at these stocks and i look at them differently the highest quality names that we look at are off, 4 , 5 off all time highs i dont view that as a major change google, we have new news there the eu decisions and the fine and what is likely to be more of those going forward. I can see why that stock pulled in more. Netflix always has that kind of stretch valuation. Do you have to go out a number of years and di