Financial Holding Companies Alone 'Boom' Despite Domestic Demand Slump [3-Minute Brief]

[At a Glance]
① Stable Stock Trends Despite Martial Law and Impeachment Turmoil
② 75% of Next Year's Budget '431 Trillion Won' Allocated in First Half
③ 'Kakistocracy' Selected as Word of the Year

MARKET INDEX : Year to date

○ US New York Stock Exchange's three major indices all closed lower

○ Dow down for 9 consecutive trading days... first time since 1978

○ Seoul office market transaction amount sharply declined compared to previous month

Top3 NEWS

■ "This could be serious" While Korean semiconductor sector falters... Taiwan, the 'TSMC country,' forecasts over 4% growth

○ Taiwan's economic growth rate expected to exceed 4% due to TSMC's improved performance
○ Meanwhile, South Korea's economic growth rate forecasted in the low 2% range this year
○ Amid the global semiconductor boom, South Korea is also evaluated as a 'windless zone'

■ US quantum, drone, space... next-generation technology sectors all soared

○ Explosive rally in small-cap stocks related to US next-generation technology sectors
○ Impact of Trump administration's second term America-first policy
○ Expectations to gain momentum from the interest rate cut trend

■ Amid martial law and impeachment chaos, financial holding companies alone enjoy 'boom'... another 'record-high performance' expected

○ Four major financial holding companies expected to achieve record-high earnings
○ Opposite phenomenon to the worst domestic economy
○ Massive interest income due to high loan-deposit interest rate spread

Graphic News : Top market cap stocks that steadfastly endured the martial law and impeachment political turmoil

○ Stock price decline defended by inflows of institutional and foreign buying

○ Value-up related stocks such as financials underperformed below KOSPI

○ Domestic stock market regaining stability but rebound remains difficult

the Chart : Government urgently pumping 431 trillion won in the first half to boost the economy

○ Ministry of Economy and Finance confirms and announces '2025 Budget Allocation Plan'

○ 75% allocated in the first half of next year... largest for three consecutive years

○ Considering sluggish domestic demand, exports, and prolonged impeachment political turmoil

Terms in the News : A sharp critique of the impeachment political turmoil, the worst governance 'Kakistocracy'

President-elect Donald Trump of the United States. Photo by Akyung DB

○ "Returned Trump, a word summarizing the fear of people worldwide"

○ 'Rule by the worst people'... originated from the Puritan Revolution

○ Implies criticism of mob rule and contempt for democracy

Today's Key Schedule

○ Domestic

18th KOSDAQ Oncocross listing, public offering price 7,300 won

○ Overseas

03:00 US Atlanta Fed GDPNow for Q4

08:50 Japan November trade balance

16:00 UK November Consumer Price Index

19:00 Eurozone November Consumer Price Index

22:30 US November housing starts

◇ Lunch & Commute Weather

○ Lowest temperature -6℃(▼3℃)｜Highest temperature: 1℃(▼2℃)
○ Precipitation probability morning 0%｜afternoon 0%
○ Fine dust morning good｜afternoon good

OK in 3 minutes, essential time-efficient economic news. Published daily at 8 AM.

This content was produced with the assistance of AI translation services.