Moon Hong-cheol

Crude oil will decline to pre-war levels around $60 by September-October because infrastructure has not been destroyed (only disrupted), psychological normalization occurs after 3 months, and historical precedent from the Gulf War shows similar recovery. The current high oil price is driven by temporary supply disruption and fear, not lasting damage.

The current market is in a healthy, sustainable uptrend, not a bubble. The pattern of strong advances followed by healthy corrections is a sign of a rational market. This is a 'party' that investors should join, and the main theme is AI. The correct strategy is to stick with the market leaders in the AI space, rather than trying to find value in lagging, cheaper stocks.

Korean stocks (KOSPI) are attractive to buy now. Earnings are extremely strong (Samsung Electronics alone nearly equals all Japanese companies' combined earnings), forward P/E is still lower than US, Japan, and Taiwan, corporate governance has improved, and macro headwinds (oil, war, rate hike fears) will fade. Investors should stop overthinking and follow the trend.