Shinhan Investment Corp. "Need to Prepare for Repeated Uncertainty in Year-End Financial Markets"

Shinhan Investment Corp. advised on the 4th that preparations are necessary as uncertainties in the financial market are expected to recur toward the end of the year in relation to the declaration and lifting of the national martial law.

According to Shinhan Investment Corp., the emergency martial law is the 13th in constitutional history and the first in about 45 years since the October 26 Incident in 1979. Shinhan Investment Corp. explained, "In many cases, it is a measure based on political judgment rather than a crisis situation," adding, "Especially under the military regimes of the 70s and 80s, nationwide martial law was declared to restrict citizens' fundamental rights, so negative perceptions remain."

Shinhan Investment Corp. stated, "The government is expressing active market stabilization measures, announcing plans for unlimited liquidity supply, and the Bank of Korea is scheduled to hold an emergency Monetary Policy Committee meeting this morning," and explained that it is judged that the volatility in the financial market caused by President Yoon Seok-yeol's official withdrawal of martial law through the Cabinet meeting and liquidity support will be controlled.

However, it advised that preparations are needed for uncertainties as the possibility of entering an impeachment political situation is high going forward. Shinhan Investment Corp. emphasized, "The possibility of entering an impeachment political situation is increasing, and factors causing national instability still remain," adding, "Since a triple weakness in foreign exchange, bonds, and stocks is a concern, preparations are necessary for the recurrence of uncertainties in the financial market toward the end of the year."

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