Trump and Republicans are trying to resolve

Firm) Trump and Republicans are trying to resolve the lifting of the U.S. shutdown, but Democrats seem to have changed their minds because they are worried that Democrats might take the blame for the shutdown if they do it wrong, pushed by Trump's manipulation of public opinion that Democrats are obstructing it through the filibuster.

The political interpretation of lifting the shutdown may be the same as above, but it is our concern about how it will affect the stock market economically. Since the money to be given is not released anyway, the amount of money and consumption have decreased, and the consumption multiplier has also fallen. When the money is released, the money will be released, and the meaning of monetary expansion is well received by the market along with the news that the U.S. Supreme Court will give $2,000 to each individual in the U.S. for threatening tariffs. Anyway, if you have money, you'll have to spend it somewhere.

Rather, I saw the news yesterday that there were signs of a resolution to the shutdown before the market started thanks to the installation of U.S. news apps, and I succeeded in investing, and suddenly came up with Eugene Palmer's famous theory, "Effective Market Hypothesis (EMH)," that is, the theory that everyone shares market information equally. The theory is that the market cannot consistently earn higher than the market average (excess return) because the market is quickly normalized by EMH, although new information comes in and gives it a chance to do so through random walks. This has now broken the EMH premise of perfectly getting information together and interpreting it the same through behavioral finance. What behavioral finance argues is that the market is (often) inefficient. In other words, the market has no choice but to move based on psychological bias.

When I studied in the late 1980s and 90s, I believed in rational market efficiency theory and invested based on it, but since behavioral finance came in, the theory that humans are not rational animals is now common. In life, we can see that humans are not all rational, rational, and moral. I was trying to write about the fact that profits and losses depend on who quickly interprets the perspective and breadth of the shutdown, but there were many useless theories introduced from EMH for no reason.

Options are currently priced at an average of 2.5-3 percent higher than the KOSPI 200 index. In other words, the option price is already 2-3%, and the buyer has to go up more than this to benefit. Well, the KOSPI also moves up and down more than 100 points these days, so institutions that mainly sell will, of course, have to open the price range by 2.5-3% to take a buffer for operation. Conversely, it also means that the buying forces are too expensive to enter. So, I have no choice but to put it underneath today like I'm fishing. ... I'm going to have a boring waiting battle, but I'm going to play watching Monday night football. On a day when I don't want to trade...