[Korean] Meeting Ken Fisher at the New York Stock Exchange! Why the Investment Master Is Optimistic About Stocks Through the First Half of Next Year [Global Money Talk]

Ken Fisher says he is optimistic about the U.S. stock market from quarter 4 of this year through the first half of next year, citing a pattern of gains over 9 months in the midterm election cycle. He explains that this historical interval delivered positive returns on every occasion except once, with an average return of 19.8%, and that the pattern repeated regardless of the market's preceding direction. He views an overall increase in share buybacks as a negative sentiment indicator reflecting CEO optimism and as one signal of the later stages of a bull market. He says that although Nvidia's forward P/E is around 17 times, he remains wary of uncertainty in earnings forecasts while regarding it as a long-term holding. He interprets developments such as Oura's IPO withdrawal as a wait-and-see attitude among companies hoping to avoid a failed offering after SpaceX, and says current candidates have strong finances, unlike those in the 90s. Pointing to the Korean market's concentration in two stocks, he suggests allocating 1 out of 3 parts to regions outside the United States and diversifying across industrials, healthcare, and energy. He argues that interventions such as a government ban on diesel exports and a halt to long-term government bond issuance distort markets and backfire. All directional outlooks are the speaker's conditional judgments, not definitive predictions of short-term prices.