It was really spring yesterday, but when I woke
It was really spring yesterday, but when I woke up today, the sky was like a stock market. Nvidia and Bitcoin have adjusted as expected. It's not surprising that it's always happening, and in a way, you can think of it as a technical adjustment based on a short-term surge. In particular, I think Bitcoin has risen in the short term because it has been traded for a long time in the mid-30,000 dollar range, and has been incorporated into ETFs, which are institutional areas, and naturally, funds in each country have no choice but to buy it. However, I think the size of the funds flowing into Bitcoin will still be large, so I expect that the increase will continue after the adjustment.
If you remember the dot-com bubble at the end of the century, the dot-com boom in the United States was obviously faster than we were, and we started and ended a year or two later, only to lose the craze until the mid-2000s. When matter moves a lot, there are always small waves. Earthquakes always follow aftershocks when they come to big ones. After all, I think the judgment of whether the AI bubble is really too inflated and whether the US capital is excessive will be the touchstone for deciding whether to ride again next week. When learning economics theory, assumptions always dismiss other variables as constants. Likewise, the stability of the inflatable should remain a constant for the further rise of AI.
The decline in the U.S. market on Friday may have been largely due to Triple Witching Day, when futures options expire at the same time, but if the unexpected rise in PPI delayed the timing of the interest rate cut, I think more adjustments are needed. In the U.S., if INFR is sticky, Korea's INFR can only be explained by the expression "erratic." Inflation, which began last year when eating out, is now moving to agricultural and fishery products, especially fruits, causing food inflation.
The overriding agenda in any country is the economy, and prices in particular. It is more important for grassroots than for diplomatic and social issues to make ends meet. What is the guts of a ruling party that leaves prices this way and thinks it can win elections on its own? I also hear doctors around me, or friends who send their children to medical school, call conservatives for the first time. Doctors from an orthodox conservative group say they will vote against this administration.
There are many emotions in human society. Among them, empathy and regret are probably what affect Korean society now. Anyone can see that the general view of expanding the number of medical school students and Minister Lee Jong-seop's appointment as ambassador to Australia is that they cannot sympathize with the procedures and processes. We all know the need for more medical school students. However, reckless policies that lack procedures and procedures will not be able to win sympathy from many members of society.
And the real syndrome must be the wishes of the Fatherland New Party, the Fatherland Innovation Party, and so on. I am sorry for the phenomenon that not only progressives but also the middle class support the Fatherland New Party. As you all know, eyes and nose are not in the eyes of the Hammurabi Code, but rather revenge. For example, if a child was beaten and his strong father came in with a broken nose, and his strong father went to the person who hit him, and his face as well as his nose was depressed and his limbs were broken, it would be excessive retaliation. The point of the Hammurabi Code is that if he was hit in the nose, the person who was hit would only hit his nose. Everyone is aware that the Cho Kuk family committed one kind of crime or another. However, I think it is the minds of people that the punishment for their families was too severe compared to the amount of crimes they committed. Since I think that only punishment appropriate for the crime should be given like the Hammurabi Code, I think that excessive punishment for the motherland and his family will touch the public's heart of "sorry" and lead to such an approval rating of the Fatherland New Party.
I don't want to talk about politics, but I'm just talking about it during the election. This is all because of nosiness while trying to talk about inflation as a problem for the economy. Please understand... But I still think that investment has no choice but to go back to AI, especially in the U.S. market. Even if the rich go bankrupt, it lasts for three years, and big waves always accompany small waves. But it's only under the condition that inflation does not soar like this in Korea.
Today is St. Patrick's Day. There will be parades all over the U.S., and the Chicago River will be littered with Irish traditional green paint, and the entire river will turn green. And if you've seen the movie The Fugitive, which was played by Harisonford and Tommy Lee Jones, you'll remember when Harisonford went to the Chicago City Hall detention center to find a one-armed man, and Tomi Lee's gun was struck by bulletproof glass and dramatically ran away to join the parade. That's St. Patrick's Day, and the movie also shows that the Chicago River has turned green. And especially the Picasso sculpture in front of City Hall. ... It reminds me of Chicago, where I was preparing for a gift market, because of St. Patrick's Day. It's one of my drawbacks, but the writing seems to have become a buzz because I had a lot of misconceptions. Anyway, it doesn't matter to us, but Happy St. Patrick's Day. ...