Global Market Shocks

● Election impact- negligible.

More Important Variables Than the Korean Presidential Election? – KOSPI, Exports, and Global Economic Trends

✔ Do Korean Stock Markets and Presidential Elections Really Have an Impact?

This article will delve into common misconceptions about the “impact of the Korean presidential election results on the economy,” the relationship between past presidential elections and KOSPI, Korean export trends, and the role of global economic conditions (=external variables) that actually have a substantial impact on our economy and stock market.
We will examine the truth behind the “good performance during my term” narrative frequently asserted by politicians and explore future global economic prospects from a future-preparedness perspective.
Explanations will include key global keywords that must be covered in economic blogs, such as stock markets, exchange rates, exports, external variables, and economic cycles.

1. Past Presidential Elections, KOSPI, and Exports: The Greater Truth Beyond Who Was in Power

– Regardless of political transitions in Korea, whether it’s a Democratic Party government or a People Power Party government, actual KOSPI fluctuations and export trends have flowed almost independently of election outcomes.
– Looking back at decades of data, “investment attraction – external trust” issues are short-term, and fundamentally, the Korean economy moves more sensitively to global economic trends.
– What truly matters are external variables such as ‘global trade volume’, ‘commodity and energy prices’, ‘US-China economic conditions’, and ‘global IT industry conditions for semiconductors, etc.’

2. Major Period-Specific Global Economic Conditions and Korean Stock Market/Export Trends

– The points at which the stock market and exports hit the brakes, such as the 2008 Global Financial Crisis, the 2011 European Financial Crisis, and the 2020 COVID Shock/Reopening, were all global economic transformation periods, not government transition periods.
– For example, the export boom from 2017 to 2019 was due to the success of the US and Chinese economies and the global IT boom, separate from any presidential term.
– The 2022-2023 recession was mainly caused by the US Federal Reserve’s interest rate hikes and global economic slowdown (especially impacting export-centered industries like semiconductors and electric vehicles).

3. The Illusion of Politicians’ “I Did Well” Myth

– The claim that “KOSPI performed well and exports did well during our time,” which comes up every time the president/ruling party/opposition party changes, is actually an exaggerated interpretation.
– Regardless of who is in power, ‘external variables’ have an overwhelmingly greater impact.
– The short-term effects of politics are limited to interest rate cuts, pledges for increased investment, and deregulation. The actual trends are driven by external supply and demand and global sentiment.

4. But Where Does Politics Have an Impact?

– Short-term rallies in specific companies/industries may occur before and after general/presidential elections due to ‘policy expectations’.
– For example, specific themes such as real estate, construction, nuclear power, eco-friendly initiatives, and specialized semiconductor clusters may benefit/suffer in the short term depending on political slogans.
– However, the overall stock market and export economy are still dominated by global economic trends.

5. What Variables Will Really Affect the Korean Economy and Stock Market in the Future?

– In 2024-2025, US interest rate cuts, Chinese economic stimulus measures, and a global IT industry turnaround are likely to be the biggest issues.
– Domestically, rather than political/policy burdens, the external responsiveness of the export-led economy is expected to increase.
– Complex global issues such as exchange rate instability, Chinese economic slowdown, and US-China hegemony risks will continue to have an impact.

6. What Are My Investment and Future Survival Strategies in This Flow?

– Instead of being swayed by political pledges/short-term momentum, it’s essential to pay attention to global economic, exchange rate, and commodity trends, as well as economic policies of each country (especially focusing on the US and China).
– Timing is almost impossible. Therefore, focusing on ‘global economic repricing or recession’ signals in the long term can enable stable investment.
– The direction of the Korean economy is best found in the external environment rather than the government or party.

< Summary >

The Korean presidential election results do not have a significant direct impact on the KOSPI, exports, or the overall economy.
Rather, it moves much more significantly depending on global economic conditions, the trends of major world markets such as the US and China, and external variables such as commodities and exchange rates.
Politicians' boasts of achievements are exaggerated compared to reality, and strategies that prepare for changes in the external environment are more important than short-term domestic policies.

Korean Economic Presidential Election Variable Global Linkage Flow Summary

Key keywords such as global economic conditions, exports, stock markets, exchange rates, and external variables have a major impact rather than the Korean presidential election impact.
Stock markets and exports depend on the US Federal Reserve, the Chinese market, the global IT cycle, commodity prices, etc., rather than the term of office or political party.
Political differentiation is only a short-term theme, and a global variable-centered response is necessary from an investment/economic perspective.

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● Vaseline, Stock Surge- Miracle Cure?

K-Beauty, Skin Care, and Global Medical Trends: A Complete Guide to Practical Management and Market Changes

If you read this now, you can learn about:

Dermatological procedure trends, from choosing a hospital to management methods.
Recommended procedures for ages 20-60, and the truth about Botox and filler resistance.
The actual effects and misconceptions of Vaseline and moisturizing cosmetics.
Skin care tips for summer and winter, and skin protection points that can be practiced regardless of gender.
The economic significance of the K-beauty and K-medical industries.
You can read all the contents at once with only the key points.
By reading to the end, you can grasp not only the direction of skin care management but also the economic growth points of the current global beauty industry at a glance.

2024 Skin Care Procedure Trends and Hospital Selection Criteria

– Getting dermatological procedures is a normal part of daily life, with a surge in foreign visitors to Korea for global beauty tours.
– The ‘experience’ of medical staff and the ‘stability’ of working in one hospital for a long time are important.
– It is best to find a hospital that suits you through direct experience.
– It’s okay to experience various hospitals following discounts and events, but it is more efficient to consistently build trust in one place.
– Be wary of factory-type hospitals and rapid turnover of pay doctors. We recommend places where the same medical staff manages for a long time.

Recommended Procedure Strategies by Age Group

– Mid-20s to early 30s: Glabella Botox, Square Jaw Botox, Nasolabial Fold Prevention Filler
– Preventing nasolabial folds is important, like “folding paper.” It is recommended to start managing before it’s too late.
– Botox and fillers need to be administered periodically to be effective. Avoid excessive procedures at too young an age.
– Celebrities are also leaving “natural wrinkles” as a trend. An overly smooth face is avoided.

Botox and Filler Resistance Issues and Product Characteristics

– Nerve blocking agents such as Botox can cause resistance. Resistance occurs randomly and infrequently.
– If resistance occurs, all Botox of the same series distributed in Korea may not work. You need to rest for an average of 2 years until the antibodies disappear.
– There are advertisements for differences in resistance by brand, such as Korean and German products, but the actual critical difference is still unclear.
– Botox resistance risk management → It is advisable not to take the procedure cycle too tightly.
– The effectiveness of fillers varies by area, and the practitioner’s skill determines the result.

Effects and Usage of Moisturizers such as Vaseline and Moisture Cream

– Vaseline plays a role in preventing moisture evaporation (lid effect), but it does not actually contain ingredients that nourish the skin.
– For dry skin, skin damage, or laser procedures/burn recovery, it is used as a temporary treatment. Daily use is not recommended.
– In skin prone to sebum and troubles, it can cause problems by blocking sebum excretion.
– Vaseline alternatives: It is recommended to mix it with cosmetics or use good moisture creams/lotions that already contain Vaseline ingredients.
– Body lotions and hand creams can also be used temporarily on the face when dryness is extreme (skin type differences are not significant).

Basic Skin Care for Summer/Winter Seasons, Men and Women

– Skin is dry even in summer. Indoor humidity and outside air are important. Be sure to maintain moisture and oil barriers.
– Men should also manage with all-in-one (5in1) products, etc., instead of neglecting their skin due to ‘laziness.’
– Various face washes are possible as long as there is no “tightness on the face.” Excessive scrubbing and oil removal are harmful.
– In winter, intensive moisturizing is needed for exposed areas such as hands and elbows. Manage areas other than the face with special care because they have fewer sebaceous glands.
– Sunscreen (sunblock) is essential in all seasons. Find a product that suits both men and women and use it consistently. Irritation varies depending on the application and organic/inorganic sunscreen.

Economic Impact of K-Beauty & Global Skincare Industry

– Korea is already a powerhouse in exporting beauty, plastic surgery, dermatology medical services/cosmetics overseas.
– K-beauty brands and new products such as skin boosters are experiencing explosive growth. Representative companies such as Pharma Research’s Miran are seeing continuous performance increases.
– Advanced beauty procedures such as Botox and fillers, and product development are economic keywords.
– ‘Skin care’ is the future growth engine of the Korean medical and cosmetics industries.
– New technologies and new materials have an impact on both investment and consumption, connecting both ‘economic outlook’ & ‘consumer perception changes.’

Practical Skin Care Tips and Checklist

– Choose hospitals that can provide “experience + consistent management.”
– Invest a little in wrinkle prevention procedures from your 20s and 30s, without being excessive.
– Use Vaseline only for extremely dry or damaged skin, and make moisturizing and oil replenishment a habit.
– Apply “at least one cosmetic” consistently after washing your face, and always wear sunscreen.
– Find “a method that suits you” even if trends change, and utilize practical methods such as ‘all-in-one’ products.
– If you are a stock investor, pay attention to future growth stocks such as K-beauty new drugs/skin boosters.

< Summary >

Choosing experienced medical staff is key to skin care management and procedures.
Wrinkle prevention methods suitable for your age and caution against Botox/filler resistance are necessary.
Vaseline is a temporary fix, and simple and consistent moisturizing and sun protection are more important in normal times.
The global impact of the K-beauty and medical industries is also growing.
“Experience, consistency, and customized management” are key.