증시 대담<br /><br />It's time now for an in-depth look at the global markets this afternoon, and for that I'm joined on the line by Dr. Hwang Seiwoon, Research Fellow at the Korea Capital Market Institute.<br />Dr. Hwang, thanks for coming on today.<br /><br />You're welcome.<br />Here in Korea, the government is expecting a growth rate for the local economy of 2.4 to 2.5 percent. It's that low mainly because of concerns abroad. Today, though, the government's announced some new measures to revive economic activity here. What do you see in those measures, and in the second half of the year do you think they'll help bring about a rebound?<br />The government's latest estimate represents a drop from its previous forecast of between 2.6 percent and 2.7 percent in December. South Korea blamed slowing exports and sluggish investment, as well as trade friction between the United States and China, for its downward revision.<br />South Korea's growth outlook could be lowered unless parliament approves a 6.7 trillion-won extra budget in July for a quick implementation. But it remains unclear when the National Assembly might vote on the bill due to a political standoff.<br />It is less likely for Korean economy to recover in the second half of 2019. Many of the market analysts are expecting that Korea will continue to experience declining economic growth due to its heavy reliance to export and the global economic slowdown caused by the trade dispute.<br />So this week, after the G20 and what seems like progress in the U.S.-China trade war, Wall Street has been setting new records. Up again for a second day in a row on Tuesday.<br />What's the story today?<br />U.S. stocks edged higher to a fresh record, while haven assets from Treasuries to gold resumed rallies as investors awaited a slew of economic data around the Fourth of July holiday. The S&P 500 swung between gains and losses before rising into the close for a second straight all-time high.<br />Asian shares were subdued on Wednesday as initial enthusiasm over the latest U.S.-China trade truce was overtaken by fresh concerns over Washington’s threat of tariffs on additional European goods. Global growth concerns also weighed on investor confidence, with South Korea the latest trade-reliant economy to cut its economic growth and export targets, a day after weaker factory readings worldwide. Japan’s Nikkei dropped 0.63 percent, while Shanghai Composite lost 1.02 percent. South Korea’s KOSPI fell 0.72 percent as of close today.<br /><br />The U.S. Trade Representative has started the public hearing process to put tariffs on 4 billion dollars of goods from Europe in retaliation for what it sees as the EU's unfair subsidies for Airbus. Do you think they will actually go ahead with these tariffs, and what's the view of the market?<br />The U.S. government on Monday threatened to impose tariffs on $4 billion of additional European Union goods in a long-running dispute over aircraft subsidies. The U.S. Trade Representative’s office released a list of products — including olives, It
