Save Cash Now… After FOMC, New Leaders Will Emerge / Why You Must Confirm Before Buying | Hwang Yu-hyeon, Team Lead

Summary

Hwang Yu-hyeon, PB Team Lead at Shinhan Investment & Securities, discusses FOMC rate scenarios and argues that investors should keep cash and wait rather than chase an ambiguous market. He favors areas with earnings power or structural demand such as cosmetics ODM, power and nuclear infrastructure, semiconductors, and secondary batteries, while avoiding biotech and warning about expiry-event spikes like TSE. He says a new Korean market leadership group will eventually emerge, but not yet, so investors should wait for confirmation.

• FOMC outcomes are hard to predict; the key issue is whether market interest rates turn lower.
• The speaker advises holding about 20% cash and waiting for a confirmed new leadership trend.
• Korean biotech is not a buy now because high rates hurt unprofitable companies and former leaders are in downtrends.
• Cosmetics ODM names, especially Kolmar Korea, Cosmax, and Cosmecca Korea, are favored on strong export growth.
• Power and nuclear infrastructure are seen as beneficiaries of AI data-center electricity demand and potential U.S. nuclear orders.
• Secondary batteries and semiconductors remain core bullish complexes, while TSE is flagged as dangerous after an expiry-driven spike.
• The speaker says the next Korean leadership sector is still unclear, so investors should watch for breakouts and follow confirmed trends.