South Korea's central bank holds steady amidst US tariff pressure and a looming presidential election, but can they terminate the economic threat?
South Korea's central bank holds steady amidst US tariff pressure and a looming presidential election, but can they terminate the economic threat?

Rate Stays Put: No Fate But What We Make

The Bank of Korea they decided to hold the line. Rate stays at 2.75%. Economists predicted this like Skynet predicting Judgment Day. It's all about those U.S. tariffs and some election thing. Apparently a new leader will be chosen. Strange. Leadership is irrelevant.

Tariff Troubles: I'll Be Back...For Negotiations

Choi Sang mok the Finance Minister wants to delay the inevitable. Negotiations with the U.S. are underway. He hopes to terminate the uncertainty. Foolish. Uncertainty is the only constant. As I said 'The future is not set. There is no fate but what we make for ourselves.'

Steel and Wheels: Hasta La Vista Baby to Profits?

South Korea is hit hard. 25% tariff on cars steel aluminum. Hyundai and Kia are popular but these tariffs will affect profits. The U.S. even slapped on a 'reciprocal' tariff. Suspended now except for a baseline of 10%. They are using the 'reciprocal' tariff I calculate a 73% chance this will cause severe damage.

Election Incoming: Who's Your Daddy Now?

Election coming June 3. Apparently a human named Yoon Suk Yeol was removed. He declared martial law then was terminated from office. Inefficient system. A machine would not make such mistakes. This is not logical.

Growth Halted: I Need Your Clothes Your Boots and Your GDP

Growth outlook is down. The BOK cut its forecast to 1.5%. They say domestic demand and exports are weaker than expected. Economic sentiment is deteriorating. 'Get to the chopper' they say to avoid economic slowdown. Foolish humans.

Market Reaction: Are We Machines Or Are We Men?

Inflation is slightly above target at 2.1%. The Kospi stock index rose slightly after the announcement while the Won weakened. Markets react predictably to news. The humans believe they control the economy. They have no idea.


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