An analysis of the biased economy of the nation to commemorate the breakthrough of the KOSPI 4,000… Is it possible for the KOSPI to reach 10,000 during Lee Jae-myung’s term?

0. Boon’s claim is an assumption that all variables affecting the Korean stock market work best. Individuals are responsible for stock investment based on this, and if it flows miserably, we will buy Korean beef as an apology.
1. Is it possible to do ?? 3. Low boom. The global low boom, which caused Korea to become a middle power, is wrapping up the Korean stock market warmly. Low oil prices, low interest rates, low won. The industrial structure centered on export manufacturing couldn’t be better for Korea.
2. Risks. As long as the AI/robot/quantum revolution in the U.S. continues, there will be few external shocks that will threaten our stock market. Financial risks can be prevented by the U.S. Treasury Department and the Fed’s policy capabilities and experience in crisis management. The pandemic situation is not a big threat because it has been through COVID-19. China’s invasion of Taiwan is also a variable because Trump will compromise moderately. The only risk is the U.S. civil war.
3. Value-up. The factor up to the KOSPI 4000 was the Lee Jae-myung administration’s value-up policy + semiconductor performance. More upward momentum remains due to the policy. 1) Revision of the Commercial Act (obligations to retire treasury stocks) 2) Separation of dividend income taxation (38.5% -> 27.5%) 3) Expansion of domestic stock investment limits for pension funds. This alone can go further than 4500 at present.
4. AI. No bubble. Case 1) Amazon plans to cut 600,000 jobs with AI and robots. The AI society is real. 2) Open AI and Google are confident in their future profits and have no plans to put ads on their service screens to make up for the deficit. 3) ChatchPT announced that it will soon start selling “adult services.” The global paid users will skyrocket. The Nvidia-centered ecosystem that will support the performance of Samsung Electronics and Hynix will further strengthen. Major industries in the Korean stock market, such as semiconductors, batteries, nuclear power plants, and power supplies, will experience crazy booms.
5. Conflict between 미중 and the U.S. The U.S. is trying to exclude China from the global supply chain as much as possible. Then someone should fill the manufacturing supply chain that China is in charge of. Not only AI-related industries, but also industries such as shipbuilding, display, solar power, chemical, and electric vehicles that China has had a hard time with will survive.
6. 군비 Arms Competition The arming of American allies has become urgent in response to the military threat from China/Russia. The United States is too slow and expensive, and Europe, including Japan and Germany, has seen its defense manufacturing supply chain disrupted during the long post-Cold War period. Korea, which has been developing defense systems under its self-defense plan since Kim Dae Jung, is the only alternative. Korea’s shipbuilding will rebuild American warships and submarines, the KF21 will protect the world’s skies after the U.S. F35, and the Black Panther/K9 self-propelled howitzers/Cheonmu missiles will refurbish many countries’ armed forces.
7. Undervalued. During the Yoon Suk Yeol administration, our stock market was too undervalued. If only the Japanese stock market, which has little potential for future growth, is evaluated, the KOSPI should be 5500. The reason why TSMC’s share exceeds 50%, but if Taiwan’s share is evaluated, our stock market should be 8000. TSMC is receiving 5 times the premium of Samjeon and 3 times the premium of Hynix based on PBR. Some experts argue that if Hynix’s HBM is further advanced, it may not be necessary to use GPU. Then? Hynix and Samjeon can also steal Nvidia and TSMC’s share. And considering the effect of the low won exchange rate, the KOSPI 10,000 is not a ridiculous prediction.
8. What happens to Korea when the KOSPI reaches 10,000 in 2030? A wonderful new world is unfolding where most problems in our society are solved. Our stock market will surpass the Japanese stock market and the per capita GDP will exceed twice that of Japan, making our economy the third largest in the world. (Leading to the second part of the outlook for the soup.) …