want to become wealthy.

Part 1 – 1 ① Background and Mechanism When the U.S. Federal Reserve (the Fed) cuts its benchmark rate, yields on U.S. bonds and deposits decline, which typically softens dollar strength. In fact, reports indicate that in 2025 the dollar index has fallen roughly 10 percent against major currencies. In summary, rate cuts can channel global liquidity toward emerging markets through the following mechanism: Lower U.S. rates reduce the expected return on U.S. fixed-income assets. Investors, seeking higher yields, are incentivized to shift capital into emerging-market assets such as equities and sovereign bonds. A weaker dollar boosts competitiveness for export-driven emerging economies, making them more attractive entry points for foreign investors. UBS noted that “when the Fed cuts rates and the dollar turns weaker, Asia and emerging markets tend to benefit disproportionately.” Stronger local currencies also lower import costs and improve investment conditions for emerging econ...

📌 The Energy Transition & the Commodity Supercycle — A New Order in the EV & Battery Era The 21st-century energy transition isn’t just an environmental policy. Using real cases and numbers, this piece explains how the battery-metal supercycle—lithium, nickel, cobalt—is reshaping global supply chains and investment strategies. --- Part I. The Massive Shift Triggered by the Energy Transition 1. Why an energy transition? One of humanity’s greatest challenges in the 21st century is global warming and climate change. For roughly two centuries since the Industrial Revolution, we’ve powered economic growth by burning fossil fuels—coal, oil, and natural gas. But the resulting buildup of greenhouse gases, including carbon dioxide (CO₂), in the atmosphere has driven a rapid rise in average global temperatures. According to the UN’s Intergovernmental Panel on Climate Change (IPCC), average global temperatures have already increased by about 1.1°C compared to pre-industrial le...

📌 KOSPI 4,000 & “100K Samsung” — A New Inflection Point for Korea’s Equity Market (Part 1) --- Introduction — Rewriting History in Korea’s Stock Market On October 27, 2025, Korea’s equity market hit two historic milestones at once: the KOSPI broke above 4,000 for the first time, and Samsung Electronics crossed ₩100,000 per share (“100K Samsung”). This is not merely about numbers on a screen. It’s a strong signal that Korea’s economic and corporate competitiveness is being re-rated by global markets. For investors, it suggests that Korea is ready to reclaim a visible spot on the global investing stage. The KOSPI has attempted to break previous highs multiple times, often stalling on external shocks and domestic demand constraints. This time, however, the 4,000 breakout is not a simple technical rebound. It reflects the convergence of three forces: (1) industrial competitiveness recovering, (2) renewed foreign inflows, and (3) supportive global policy dynamics. 👉 So how...

📌 ESG Investment Trends and Korean Corporate Strategies (Part 1) --- Introduction — Why ESG, and Why Now? ESG is a concept formed from the initials of Environment, Social, and Governance. E (Environment) covers a company’s environmental responsibilities such as reducing carbon emissions, transitioning to renewable energy, and managing waste. S (Social) refers to social value, including worker rights protection, diversity, and contributions to local communities. G (Governance) evaluates the soundness of a company’s operating structure, including board independence, transparent accounting, and shareholder rights. In short, ESG goes beyond a framework for judging corporate “morality.” It has become an indicator for assessing a firm’s long-term survivability and investment stability. --- 1) Why has ESG become important? In the past, companies were evaluated almost entirely on financial metrics like revenue, operating profit, and PER. But starting in the 2000s—amid climate chan...

📌 The Hidden “Accounting Time Bomb” Behind the AI Investment Boom ― Implications for Global Financial Markets and Korean Companies --- Introduction ― The Shiny Surface of the AI Rally As of 2025, the single most influential keyword shaping global financial markets is undoubtedly Artificial Intelligence (AI). Just two to three years ago, AI was regarded as one of many emerging technologies, but today it has become the central engine of global capital flows and the foundation of corporate strategy. Tech giants such as Microsoft, Alphabet (Google), Amazon, and Meta are pouring massive amounts of money into GPU purchases and data center expansion. The scale of these investments goes beyond corporate budgets, exerting such a powerful ripple effect that it even lifts U.S. GDP growth. Investors are cheering this development as “AI is the new growth engine of the global economy.” Yet, behind this glittering success story lies a shadow that is less frequently discussed. That shadow...