Time now for an in-depth look at the market action.
We're joined on the line by Dr. Kim Sei-wan, Professor of Economics at Ewha Womans University.
Professor Kim, great to have you with us today.
Thank you.
The CPI spiked in October. The highest we've seen since 1990.
Concerning numbers from China as well. Could you provide your overall assessment
of the figures.
Regardless
of inflationary pressure, key
indices seem somewhat unfazed. What are some of the key contributing factors?
Back here in
the nation, some individual investors seem to be jumping ship leading to some recent
disappointing figures for the KOSPI. This while foreign buying continues.
Could we see a rebound soon?
With supply expected to overtake demand next month,
we could see changes in oil prices. OPEC chief Mohammed Barkindo highlighted the
need to brace for the changes. How do you see things unfolding?
Latest data shows the nation's household debt-to-GDP ratio is
the highest among major economies in the world. We also had the fastest growth rate in related
figures. What do we see when we put the numbers under
a microscope?