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This is not necessarily a good signal for the stock market to keep rising.

There is a famous story about a dog walking through the relationship between the real economy and the stock market.

Just as dogs sometimes go faster than their owners while walking, and sometimes they lag behind, the stock market sometimes gets undervalued compared to the real economy, and on the contrary, it goes ahead.

However, experts point out that the asset market is overheating now and the distance between the two is too far.

The overflowing money is concentrated only on stocks and real estate, and money is not circulating where it is needed.



Reporter Kim Jung-woo reported this.



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Vehicle soundproofing wall manufacturing plant in Geomdan Industrial Complex, Incheon.



Dust has settled in the stopped machine, and only one employee is guarding the 660m2 plant.



The factory is having a hard time managing funds as work has been lost in the aftermath of Corona 19.



[Vehicle soundproof wall manufacturer executive: When the money goes back, we can get work and orders, but the sales itself has been down by more than 30-40%, and we received a mortgage loan to cover the salary.] The



government released astronomical money to the market and

paid for it.

It is concentrated only in the real estate and stock markets, and is not helping to recover the real economy.



In fact, last year, individual investors bought 63.8 trillion won worth of stocks in the KOSPI and KOSDAQ markets, and the deposit, which is a waiting fund, is currently looking at 70 trillion won.



Given that money is pooled like this, the'currency distribution rate', which indicates how well money is spinning, hit a record low last year.



The economic vitality is declining as money is not flowing through consumption or other various investments.



[Joyoungmu / LG Economic Research Institute researcher: the size of the floating capital in search of investment carry around a stray gosuip because of low interest rates in situations where loose a great deal of money in the financial markets has the potential still many]



problems are small if the asset displacement phenomenon intensified The financial system itself can be shaken even by shock.



The government's fiscal and financial heads are sending signals of crisis as a sign of overheating in the financial market, which is separated from the real thing.



(Video coverage: Yoohyuk Yoo, video editing: Choi Hye-young, VJ: Park Hyun-woo)