The U.S. Federal Reserve (FED) is in crisis as the U.S. Consumer Price Index (CPI) has hit its highest level in decades.
The Fed took the 'giant step' of raising interest rates by 0.75 percentage points on June 15, the largest increase in 30 years.
In the atmosphere that a large interest rate hike could continue in the future, the US as well as Korean stock markets are fluctuating.
The KOSPI market, which was shouting 4,000 points just a year ago, recorded a closing price of 2,292 on July 6, 2022 and fell below the 2,300 level, and is still staying at the 2,300 level without a rebound.
It has fallen more than 30% from its highs in just one year.
In addition, in June 2022, the KOSDAQ and KOSPI markets took the infamous position of the highest decline rate among the global stock market representative indexes.
Where did the 'semiconductor big cycle' that emerged a year ago as a market uptrend go, and why are securities companies' KOSPI forecasts so wrong?
Even experts who asked Donghak ants to 'study' fail to predict, can they succeed in the stock market just by studying?
Was the 'Donghak Ant Movement', which expected the first collective success of individual investors, a mirage that appeared at the peak of the stock price?
SBS News Story reporters met with several experts in the stock market and asked again about the cause of the experts' misjudgment and future prospects.
“People who lead the stock market never say to sell.” (Park Jin-Soo, individual investor)
“When it goes down, you have to expect it to fall
.
In fact, I was also intoxicated by the atmosphere at the time.” (Seunghwan Yeom, Director, eBest Investment & Securities)
“When you are about 40 years old, you will become a mid-level executive at a mid-level securities firm, advisory firm, or asset manager.
They are people who have never experienced a bear market.” (Kang Young-hyun, director of Eugene Investment & Securities)
The 385th news story <The Market of Fear…
Expert's Misjudgment>