실적 좋은데 미국 주식 왜 떨어질까?…Capex의 역습
알파벳도 테슬라도 실적은 나쁘지 않았는데 주가는 급락했습니다. 이유는 하나, AI 자본지출을 늘리겠다는 발표였습니다. 어제까지 호재였던 capex가 왜 부담이 됐는지, 시장의 관점이 어떻게 바뀌었는지, 투자자는 무엇을 봐야 하는지 정리합니다.
US Interest Rates
U.S. interest rates are a key economic indicator that determines the direction of the global financial market. The Federal Reserve's benchmark interest rate policy and fluctuations in Treasury yields influence various asset markets, including stocks, bonds, exchange rates, and real estate, making them a significant concern for investors.
S&P500 샀는데 7종목?…분산의 함정, 괜찮을까?
미국 대표 지수에 투자하면 500개 기업에 분산된다고 흔히 생각합니다. 하지만 지금 S&P500은 상위 7개 종목이 3분의 1을 차지합니다. 지수의 성격이 어떻게 바뀌었는지, 왜 위험이 되는지, 그리고 대응 방법을 정리합니다.
Gold Prices Down 30% From Their Peak—How Much Further Could They Fall?
1월 사상 최고가를 찍은 금이 30% 가까이 밀렸습니다. 전쟁이 이어지는데 안전자산이 떨어지는 이유는 무엇일까요. 하락을 만든 네 가지 압력과 무너지지 않은 구조적 수요, 기관 전망이 갈리는 이유, 그리고 한국 투자자가 놓치기 쉬운 두 가지를 정리합니다.
Why Do Rising Oil Prices Shake the U.S. Stock Market? A Complete Investor's Guide
중동 정세와 유가가 뉴욕 증시를 흔드는 국면이 이어지고 있습니다. 유가는 어떤 경로로 주가에 도달할까요. 비용·소비·금리라는 세 갈래 전달 경로와 숫자로 검증된 파급력, 섹터별 명암, 그리고 한국 투자자가 볼 지점을 정리합니다.
NVIDIA Hits a $5 Trillion Market Cap: Bubble or Just the Beginning?
S&P500의 3분의 1이 빅테크에 쏠렸고, 엔비디아 시총은 5조 달러를 넘겼습니다. 지금의 AI 랠리는 닷컴 버블의 재판일까요, 아니면 진짜 혁명일까요. 양쪽 근거와 진짜 관전 포인트를 정리합니다.
From a $300K Bitcoin Dream to a Wave of Bankruptcies: How the 2022 Crypto Winter Began
2022년 코인 시장은 연초 낙관론에서 출발해 연말 파산 도미노로 끝났습니다. 당시 사건이 터질 때마다 기록했던 속보 기사들을 하나로 엮어보면, 크립토 윈터가 어떤 순서로 진행됐는지가 한눈에 들어옵니다. 이 글은 그 겨울의 기록을 시간순으로 복원한 회고 아티클입니다. 연초의 낙관, 그리고 첫 번째 균열 (2022년 상반기) 2022년 상반기까지만 해도 시장에는 강세론이 살아 있었습니다. 6월 초 빗썸경제연구소는 비트코인이 장기적으로 … Read more
Is the Semiconductor Cycle Over? Or Just a Short-Term Correction? Analyzing Morgan Stanley's 2026 Report
“Is the semiconductor cycle coming to an end?” The domestic stock market has recently sent shockwaves through the investment community. Despite Samsung Electronics reporting record-breaking earnings that exceeded market expectations, its stock price plummeted, and semiconductor-related stocks—including SK Hynix—also experienced a sharp correction. The KOSPI fell nearly 10% in just two days, causing investor sentiment to freeze over rapidly. In light of this situation, the market is divided between concerns that “the AI semiconductor supercycle may be over” and the view that “this is just a healthy short-term correction … Read more
Why Is the Korean Won Falling Despite Record Semiconductor Exports? The Hidden Story Behind Korea's Export Boom
The Korean economy is writing a new chapter in history. In June 2026, exports surpassed $100 billion for the first time in a single month, once again proving Korea's status as a global export powerhouse. With the export boom, led by semiconductors, continuing, the possibility of achieving $1 trillion in annual exports is also emerging as a realistic goal. However, on the other hand, another record is being set. The won-dollar exchange rate is exceeding the highest level since the financial crisis, surpassing the 1550 won mark and threatening 1560 won... Read more
Why KOSPI, Bitcoin, and Gold Are Falling Together — And Why Only the Dollar Is Rising
Global financial markets are in turmoil. The KOSPI and KOSDAQ have plummeted, Bitcoin has fallen to the low $60,000s, and even gold, recently considered a safe-haven asset, continues its downward trend. On the other hand, only the dollar is strengthening. There are even remarks in the market likening the current situation to “everything is collapsing except the dollar.” Notably, one of the most watched variables in this recent downturn is the SpaceX IPO. The market is concerned that SpaceX could become a new ‘demand and supply black hole" for the US stock market... Read more
Bitcoin bearish turn fear index 8 points... Is it okay to buy now?
Bitcoin is turning back to a bearish trend. While expectations for a rebound seemed to be alive for a while, the recent drop back to the 94 million won mark is increasing investor anxiety. Market concerns are growing, especially since Bitcoin is not gaining traction despite a rebound in US tech stocks. “Why isn't Bitcoin rising when Nvidia is?” is the question investors are asking most frequently these days. In this article, we will explore the reasons for Bitcoin's return to a bearish trend, its future outlook, and... Read more
Comprehensive Guide to Stocks Benefiting from High Interest Rates, High Exchange Rates, and High Oil Prices (Latest 2026 Analysis)
After a sharp rise led by semiconductors, the KOSPI is experiencing significant volatility, deepening investors‘ concerns. In particular, as the market has recently entered a ’three highs" phase of high interest rates, high exchange rates, and high oil prices, attention is focused on which sectors will survive besides semiconductors. In fact, even on days when the KOSPI was significantly shaken by steep declines in Samsung Electronics and SK Hynix, some stocks actually rose. Bank stocks, energy-related stocks, and the food, beverage, hotel, and leisure sectors are prime examples. So, in the current market environment, which sectors can truly benefit… Read more
US Interest Rate Hike Imminent... Comprehensive Analysis of Impact on Domestic Stocks, Semiconductor Stocks, Bitcoin, and Gold Prices
U.S. stock markets plummeted. The Nasdaq plunged more than 4% in a single day, and AI semiconductor-related stocks such as NVIDIA, AMD, and Micron also experienced sharp corrections. There is only one reason for this: the possibility of a ‘U.S. interest rate hike.’ Until recently, the market had strongly anticipated that the U.S. Federal Reserve (Fed) would either keep interest rates unchanged or cut them. However, the release of U.S. employment data that was far stronger than expected completely shifted the mood. In particular, as the possibility of further interest rate hikes by the Fed rapidly gained traction, U.S. … Read more
Why interest rates can't be lowered... Will the economic crisis start in 2026?
Why Interest Rates Can’t Be Cut A highly unusual phenomenon is unfolding in the global economy in 2026: major countries are unable to cut interest rates. Central banks in the United States, Europe, and Japan are maintaining a wait-and-see stance, unable to either lower or raise interest rates. The prevailing view is that the Bank of Korea’s Monetary Policy Committee, set to meet in April 2026, will keep the benchmark interest rate unchanged at its current level of 2.5%. Outlook for South Korea’s Benchmark Interest Rate In South Korea, Lee Chang-yong … Read more
The Real Reasons for the Bitcoin Price Drop and a Market Outlook Analysis for 2026
Bitcoin Market Outlook: Has the Bitcoin cycle ended, or is the real rally just beginning? In 2025, Bitcoin experienced a significant correction after a historic surge, greatly shaking investor sentiment. The price of Bitcoin, which once broke through $120,000, is now repeatedly falling and rebounding with increased volatility in 2026. The market is simultaneously presenting views that “the bull run is over” and that “this is the final correction period before the full-fledged rally.” If so, is the current Bitcoin... Read more
2026 South Korea-US Base Rate Announcement Schedule Interest Rate Outlook
2026 Base Rate Announcement Schedule This time, we will analyze the 2026 US and Korean base rate announcement schedule and interest rate outlook. Many investors are interested in the US and Korean base rates because they have a significant impact not only on the Korean stock market but also on cryptocurrency prices. First, Korea's base rate is expected to remain frozen for a considerable period in 2026. While concerns about a domestic economic downturn have somewhat subsided, recent exchange rates and housing prices threaten the Korean economy to a certain extent... Read more