Now is not the time to increase the number of stocks"...Now is the time for focus | Park Byung-chang, MP Partners CEO [Market Inside]

Summary

Park Byung-chang discusses current market turmoil driven by rising oil prices and bond yields. He advises investors to avoid diversification and instead focus on core holdings like Samsung Electronics and SK hynix. He also highlights the robotics potential of Hyundai Motor despite recent selloffs. He expects the US election to prevent a market crash in the near term.

• Oil at $100+ and 10-year yield above 4.5% are pressuring markets.
• Foreign selling in Korea is heavy but may be mechanical.
• Park advises concentration on few resilient stocks.
• Samsung and SK hynix are seen as relatively safe.
• Hyundai Motor dropped due to IPO delay but robotics content is strong.
• US election provides a floor for markets.
• Nvidia CEO's investments signal shift from hardware to software AI.
• Google's AI search overhaul poses risk to Korean portals.