Duration 6:59

In-depth: Global market wrap-up

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Published 23 Dec 2020

증시 대담 Time now for an in-depth look at the market news this afternoon. And for that, I'm joined on the line by Dr. Yang Jun-sok, professor of economics at The Catholic University of Korea. Professor Yang, good to have you back on. Thank you. Stocks in New York were mixed overnight. Moving toward a stimulus deal but there's concern over the new COVID-19 variant. The S&P was down for a third straight session, but the Nasdaq rose to a new high. What's the story in the global markets? Today in Korea, the KOSPI rebounded from yesterday's sharp decline. Not so much on the Kosdaq. Investors will be looking at the new restrictions in Seoul on gatherings of more than five people. Tell us about the Korean markets. The government has downgraded its growth forecast for the economy this year from minus 1-point-1 percent... to a more general "minus 1 percent range," seeming to reflect the uncertainty caused by the new restrictions in Korea. Tell us about the risks you see, and the prospects for an economic recovery. #economy #exports #trade 📣 Arirang News(Facebook) : https://www.facebook.com/arirangtvnews 📣 Arirang News(Twitter) : https://twitter.com/arirangtvnews 📣 News Center(YouTube) : /c/NEWSCENTER_ARIRANGTV 2020-12-23, 17:00 (KST)

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