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Pieter Stalenhoef is a Boston based financial investment analyst who is currently working for a reputed financial firm. Pieter Stalenhoef was forced to think about the headwinds currently facing South Korea after he read an article in a popular business magazine. The article stated that the Kospi companies have seen an average share price decline of more than one third because the index has recently turned negative. Kospi index is a benchmark which spans global industries such as cars, smartphones, cosmetics, semiconductors, and entertainment. Pieter Stalenhoef believes that the escalation of the US-China trade war has slowed down Koreau2019s export-driven economy.
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Pieter Stalenhoef Talks about the Headwinds Facing South Korea
Revelations Made by the KospiIndex • Pieter Stalenhoefwas forced to think about the headwinds currently facing South Korea after he read an article in a popular business magazine. • The article stated that the Kospi companies have seen an average share price decline of more than one third because the index has recently turned negative. • Kospiindex is a benchmark which spans global industries such as cars, smartphones, cosmetics, semiconductors, and entertainment.
Pieter’s Opinion About the Revelation • Pieter Stalenhoefbelieves that the escalation of the US-China trade war has slowed down Korea’s export-driven economy. • This has particularly hit the exports of semiconductors. • There are also a number of other unofficial barriers such as China making an informal ban of television appearances and group tour packages by Korean celebrities.
Bright Spots in the South Korean Market • Some bright spots in the South Korean market include the improved transparency provided by a newly implemented external audit law. • The president Moon Jae-in has also been pursuing more active fiscal properties which are helping increase national debt but are likely to have a payoff in increased business activities. • Several other measures are also being taken by the government.
An Introduction to Pieter Stalenhoef • Pieter Stalenhoefis a Boston based financial investment analyst who is currently working for a reputed financial firm. • He has received his master’s degree in investment management from Boston University and began his career with Fidelity Investment. • He is also an aspiring chef and novelist who enjoys spending his time experimenting with new dishes when not working. • He also shares his recipes with others for them to enjoy.