Trump. The Art of the Deal. The Market Man

On Nov. 9, 2016, the KOSPI fell -3.6% during the day, before closing at -2.25%. It then rose 2.26% the next day, returning it to where it was two days ago.

Investors who saw Hillary winning at the time plunged with unexpected results, but as the U.S. stock market rose, the buying inflow came in with the expectation that the economic situation would not be broken.

I looked for the market situation on November 10, 2016, in my market situation diary that I have been writing for 20 years.

At that time, foreign selling was not at an explosive level on the rebounding stock market after a sharp decline.

It seems that the KOSPI PBR is 0.9 times higher, so the low point purchase has been added. Isn’t the media’s negative image of Trump excessive?

That’s what it’s about. It’s kind of similar to the current situation.

There’s a book called “The Art of the Deal” in Trump’s name. If I introduce some of it

“Think big,” “More options as much as possible,” “Use leverage,” “Use the media,” “Large hope, moderate cost,” and so on.

During his presidency, Trump often screamed loudly and the actual negotiations became weaker than that.

For example, they would ask us to pay several times the South Korea-U.S. defense contribution, and the actual results would be agreed to a much lower level.

There is a sense of fear given by the character, and there is a strong image of a “madman” who acts like a star that plunges the global stock market in one line of actual tweets, but there is also a lot of fear more than in reality.

For the time being, news from Trump is expected to affect the market and stock trends. It seems inevitable that investors will feel pressure for a certain period of time because they have suffered so much in the past.

Also, I’m not sure if the authorities are prepared to respond properly to Trump’s second term.

In the end, however, the stock market converges in the direction of performance and the economy.

It seems that it is time to focus more on small and medium-sized stocks’ performance announcements and changes in stock supply and demand, while also taking care of Trump-related news.