2024. 11. 10. 08:46ㆍU.S. Economic Stock Market Outlook
Trying to get out of a hangover and get my grocery sorted in 2 days. For myself...
The U.S. is conducting an open hearing. Who will stop the momentum? Still, it is time to consider the post-Trump trade. Trump's policy is tariffs and tax cuts. Before that, the news of his assassination attempt comes into the spotlight. It is probably because of his words and actions that cannot be free from assassination. During the Trump 2.0 era, Trump's aides will be composed of Trump Kids, which makes me even more worried that neither Mnuchin nor Schultz, who blocked him in the past, will be there. The appointment of the chief of staff was good, but we will have to wait and see the appointment of the defense secretary, the finance minister, and the chairman of the Trade Commission.
As China's exports will be further constrained by Trump 2.0, it must revive domestic demand in some way. However, it is disappointing that all 10 trillion yuan stimulus checks over the weekend will be used only to stabilize local finances. We will have to wait for stimulus checks to solve real estate problems and boost consumption. Our exports will also be affected by the stimulus checks... Some say that 580 trillion yuan will be needed to revive China's economy, but I think we will need more than that.
The biggest problem for the Korean economy is the Korean economy. In addition to the automobile industry and HBM that are being eroded by China's offensive against electric vehicles, Samsung Electronics, which has been hamstrung by excessive investment in foundry, Chinese and U.S. factories, and battery companies that have to prepare for the era of fossil fuels, not electricity from the Trump 2.0 era. Above all, the problem is that the country's leader has failed to present a vision for the country's future and even grasped the pending issues, and is abusing his power only to defend against corruption by his spouse. For the era of AI, let's secure H100 and build Sovereign Data Center as soon as possible. ...
What we're going to hear over the next four years is MAGANOMICS. Everyone knows the machanomics framework. I'm just worried about the detailed implementation plan. The paradigm of global politics, economy, and trade that will be reorganized into a new order. Is the government preparing well? No, before that, are you preparing a policy like China to revive the domestic demand that keeps falling into a quagmire? It's frustrating to write. Let's go to God and pray...