Semiconductor Boom... Lee Chang-yong Worried About Growth Rate ['3-Minute Brief']

[3-Min Brief 3-Second Summary]
① 'Again Trump', Will It Dampen South Korea's Economy?
② Loan Industry Recession... Are People Turning to 'Illegal Private Loans'?
③ Semiconductor ETF Surpasses Individual Stock Returns

MARKET INDEX

- US New York Stock Market closes mixed on first trading day of 2024
- Technology stocks show the largest decline amid rebound in government bond yields
- Nationwide apartment pre-sales in January rise 16.2 times compared to last year

Top3 NEWS

Lee Chang-yong, Governor of the Bank of Korea, is speaking at the "2023 Second Half Price Stability Target Operation Status Review Briefing" held at the Bank of Korea in Jung-gu, Seoul on the 20th of last month.
[Photo by Joint Press Corps]

■ 'The Returning Breadwinner' Semiconductor Recovery... Yet Bank of Korea Still Worried About Growth

- Bank of Korea expects growth rate to remain in the 1% range this year
- Semiconductors are strong, but export-related economic sentiment is declining
- High possibility of entering an interest rate cut cycle in the second half of this year

■ Even with a Starting Salary of 4 Million Won Lower... 'Top Workplace' Chosen Over Samsung Electronics

- Naver ranks first as the most desired company to join
- Younger generation prefers IT companies despite lower starting salaries
- Naver and Samsung Electronics are the most preferred by job seekers

■ 'Again Trump' Emerging in the Global Domino Election Scene

- About 40% of the world's population will vote this year
- Special attention on the US presidential election scheduled for November
- Geopolitical dynamics will be shaken again... also impacting the economy

Graphic News: No Users of Loan Businesses... Are Ordinary People Turning to 'Illegal Private Loans'?

- Number of loan business users and outstanding loans are decreasing... new loans down
- Illegal private loan damages are increasing... discussions needed on raising legal interest rates
- Suggestions made for measures such as supplying policy-based financial products for ordinary citizens

the List: Surpassing Individual Stock Returns... Semiconductor ETFs

- Semiconductor ETFs that buy major semiconductor stocks at once
- Surpassing individual stock returns... especially high performance in overseas ETFs
- ETFs are more advantageous in terms of returns if the industry rebounds

Terms in the News: 'Nowadays Husbands, Absent Fathers'

- Term introduced in 'Trend Korea 2024', which observes annual consumption trends

- Changes in values regarding family life and gender roles among millennial men in their 30s and 40s
- Replacing authoritarian heads of households with equal partners... fathers refusing overtime for their children

Today's Key Schedule

○ Domestic

Reception> Chuncheon Ssangyong The Platinum Sky, Busan Bohae Sun City River Park

○ Overseas

03:00 US Q4 Atlanta Fed GDPNow 17:00 Spain Unemployment Rate Change 17:55 Germany December Unemployment Rate 22:55 US Redbook Retail Sales Index

◇ Lunch & Commute Weather

○ Lowest Temperature -1℃(▼1℃) ｜ Highest Temperature: 5℃(▼1℃)
○ Precipitation Probability Morning 60%｜Afternoon 20%
○ Fine Dust Morning Moderate｜Afternoon Moderate

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