ESS Valuation Soars Amid AI Boom...Korean Beneficiary Companies [3-Minute Brief]

[At a Glance]
① Lee Su-hyung, Monetary Policy Committee Member: "Economic Impact of Political Turmoil, If Lucky, Three Months"
② Four Major Financial CEOs: "Domestic and International Uncertainties Increase... Strengthen Competitiveness"
③ Lee Chang-yong, Governor: "Choi Sang-mok's Decision... Inevitability Considering Economic Situation"

MARKET INDEX : Year to date

○ US New York Stock Exchange's three major indices closed lower on the first trading day of the new year

○ Disappointment over missing Santa rally, volatility pressure in the bond market

○ November last year saw the largest office building transactions in 2 years and 5 months

Top3 NEWS

■ Lee Su-hyung, Monetary Policy Committee member: "Political turmoil's economic impact may last about three months if we're lucky"

○ Interview with US CNBC
○ Two past impeachment cases
○ Economic impact roughly three months

■ Four major financial CEOs: "Domestic and international uncertainties increasing... Strengthen internal controls and competitiveness"

○ "More chaotic and turbulent than ever... Need to solidify fundamentals"
○ Urged to maintain strong responsiveness to uncertainties
○ Indicated plans for social contribution considering domestic economy

■ Lee Chang-yong: "Choi Sang-mok's appointment was an inevitable decision considering economic conditions"

○ Appointment of Constitutional Court judge was unavoidable
○ Political and economic uncertainties unprecedentedly high
○ Interest rate cut speed to be decided flexibly

Graphic News: Korea built ESS value chain... Will it ride the surge in AI-driven power demand?

○ Supplying ESS batteries worth trillions even during the electric vehicle chasm period

○ ESS demand expected to increase along with AI-driven surge in power demand

○ Synergy created by adding power equipment value chain to battery competitiveness

the Chart: Warning signs in both exports and construction... Government lowers next year's growth rate to 1.8%

○ Overlapping challenges including export headwinds from Trump's second term and martial law-induced political turmoil

○ Ministry of Economy and Finance: "High level of uncertainty persists, significantly impacting people's livelihoods"

○ Major economic indicators declining... Government plans to pour available resources in Q1

Terms in the News: 'Narcotics designation' to prevent misuse of Etomidate and Lemborexant

○ 'Second Propofol' Etomidate, anesthetic for sedation endoscopy

○ Managed only as prescription drugs... Misuse in regulatory blind spots

○ Insomnia treatment Lemborexant induces sleep by blocking arousal

Today's Key Schedule

○ Domestic

08:00 Korea Q4 GDP

○ Overseas

01:00 US Crude Oil Inventory

03:00 Atlanta Fed Q4 GDPNow

06:30 US Federal Reserve Balance Sheet

17:55 Germany December Unemployment Rate

18:30 UK November M4 Money Supply

◇ Lunch & Commute Weather

○ Lowest temperature -5℃(▼2℃)｜Highest temperature: 3℃(▼3℃)
○ Precipitation probability 20% in the morning｜10% in the afternoon
○ Fine dust Good in the morning｜Good in the afternoon

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