Mar 19 • 01:21 UTC 🇰🇷 Korea Hankyoreh (KR)

President Yoon's Joke about KOSPI 5000? Let's Wait and See

Comedian Jang Dong-min attended a meeting led by President Yoon to suggest improvements in the trustworthiness of capital market policies for personal investors.

Comedian Jang Dong-min attended a meeting at the Blue House, led by President Yoon Seok-youl, where he emphasized the importance of trust in capital market policies from the perspective of personal investors. He urged government and expert assurance in the capital markets, pointing out that private investors often fall prey to misinformation, which can affect their confidence and decision-making. Jang highlighted that personal investors, often dubbed 'ants' in South Korea, require more clarity and reassurance from authorities about the safety measures and future direction of the capital markets.

During the discussion, he recounted the skepticism he and many others shared when the current administration promised a KOSPI index of 5,000. His humorous remarks regarding his wife's reaction reflected a common uncertainty felt among the public about such ambitious financial targets. Jang's interventions were light-hearted but pointed to serious concerns regarding the stability and reliability of the financial system as perceived by everyday investors.

President Yoon, appreciating Jang's candidness, engaged warmly with the comedian following the meeting. This interaction highlights the government's recognition of the need to bridge the gap of trust and communication between policymakers and the public, especially personal investors, in a volatile economic landscape.

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