<Anchor>
Reporter Kwon Ae-ri's friendly economy begins.
Reporter Kwon, the real economy, and the sensational economy are bottoming out, but both our stock market and the US stock market are breaking record highs every day.
How should I look at this?
<Reporter>
Yes, if you look at the market, yesterday (the 25th), our stock market showed a weak level yesterday and fell slightly, but as soon as this week started, it ran upward, recording a record high for two consecutive days.
Yesterday, the KOSPI 2,600 line was closed and closed.
Trading has been the most active since our stock market was established and yesterday.
The two markets, KOSPI and KOSDAQ, totaled 39 trillion won worth of transactions.
It seems that there was a lot of movement to sell the stocks that made money and look for stocks that have not gone up yet after realizing some profits, as the record highs were taken for two days in a row.
And we are us too, but yesterday dawn, we broke through the 30,000 Dow Index, which was not finally reached even during last year's boom when the New York Stock Exchange was asked if it could continue like this.
The first time to cross the 20,000 line was in 2017, 120 years after the Dow Index was created, and it took only four years to increase 10,000 points after that.
Today, it ended with a slight drop below the 30,000 line due to an adjustment due to the sharp rise yesterday, but anyway, when you think of the crash stock market that appeared when the corona first started spreading earlier this year, the saying, "This is the roller coaster stock market." It's coming out.
Japan's Nikkei index also changed its peak in 30 years since 1991, when the bubble economy was shutting down, from last week.
<Anchor>
Corona 19 hits an unprecedented crisis, but the financial market alone like this is a story that says, ‘It’s a bubble.’
<Reporter>
Yes, there are several situations that are overlapping with the global stock market.
First of all, the uncertainty that was concerned after the US presidential election has been resolved considerably, and the expectation that a corona vaccine will be released is also reflected.
This is the worst situation for the corona phenomenon, but the high-altitude stock price is not today, but the expectation that the spread of Corona 19 will be caught sooner or later, the expectation that the world will return to normal soon, and the Biden administration next year. It is said that it reflects all the expectations that an economic stimulus plan will come out once the company starts its activities in earnest.
And there is also huge liquidity at the base where expectations can be accurately reflected on record, that interest rates are too low and money is high.
Even if interest rates rise a little, you can make a profit even if you go to a more stable investment than stocks.
But it's literally zero interest rate right now, and the money doesn't have a good place to go.
So, although an institution is an institution, there are a record number of individual investors in Korea, nicknamed'Donghak Ant', and in the United States, nicknamed'Victorious Robin Hood' on record.
In particular, our market was led by individual investors this year.
Since the crash in March, individuals have taken the lead, buying low prices, selling and leaving the index, holding the index, and now, at the time when the dollar weakened, foreign investors even came back looking for our relatively expensive money, and the stock market was all the time. It can be said that it has risen to the highest level.
<Anchor>
What do you think will happen in the future?
Will this continue to rise by setting records like this?
<Reporter>
Once we say that the world can really return to normal next year, there is certainly an expectation that Korea and other emerging countries will perform better.
In particular, Korea is one of the most anticipated markets. Recently, Bloomberg News has successfully prevented the coronavirus so that it was ranked as the 4th best country in the world for quarantine. It's big.
Then, the outlook for Korea, where exports are important, is brighter.
However, as I mentioned for a moment, the stock market now has a feeling of bringing together all expectations for the future.
Some point out that disappointment can reappear if the world doesn't move as quickly as expected.
In particular, if jobs that have been lost due to corona in the world are not easily restored, and the scars left by the current serious situation are larger than expected, the stock market cannot continue to run like this in the short term, and the forecast that the adjustment period will be rough to some extent Are coming out together.
[Seungmin Yoo/Samsung Securities Global Investment Strategy Team Leader: By the end of the year, the corona spreads more around the world, so if economic activity is restricted, the stock market is more likely to adjust.
However, since expectations for economic recovery and major countries' fiscal expansion policies are still in effect for next year, the extent of adjustment is not expected to be that large.]