{"id":41815,"date":"2026-03-19T14:42:43","date_gmt":"2026-03-19T14:42:43","guid":{"rendered":"https:\/\/www.vtmarkets.com\/kr\/uncategorized\/td%ec%a6%9d%ea%b6%8c-%eb%af%b8-%ec%86%8c%eb%b9%84-%eb%aa%a8%eb%a9%98%ed%85%80-%eb%91%94%ed%99%94%ec%8b%a4%ec%a7%88-%ec%86%8c%eb%b9%84%ec%a7%80%ec%b6%9c-2026%eb%85%84-%ec%b4%88\/"},"modified":"2026-03-19T14:42:43","modified_gmt":"2026-03-19T14:42:43","slug":"td%ec%a6%9d%ea%b6%8c-%eb%af%b8-%ec%86%8c%eb%b9%84-%eb%aa%a8%eb%a9%98%ed%85%80-%eb%91%94%ed%99%94%ec%8b%a4%ec%a7%88-%ec%86%8c%eb%b9%84%ec%a7%80%ec%b6%9c-2026%eb%85%84-%ec%b4%88","status":"publish","type":"post","link":"https:\/\/www.vtmarkets.com\/kr-asia\/live-updates\/td%ec%a6%9d%ea%b6%8c-%eb%af%b8-%ec%86%8c%eb%b9%84-%eb%aa%a8%eb%a9%98%ed%85%80-%eb%91%94%ed%99%94%ec%8b%a4%ec%a7%88-%ec%86%8c%eb%b9%84%ec%a7%80%ec%b6%9c-2026%eb%85%84-%ec%b4%88\/","title":{"rendered":"TD\uc99d\uad8c \u201c\ubbf8 \uc18c\ube44 \ubaa8\uba58\ud140 \ub454\ud654\u2026\uc2e4\uc9c8 \uc18c\ube44\uc9c0\ucd9c, 2026\ub144 \ucd08\uae4c\uc9c0 \u2018\uc81c\uc790\ub9ac\uac78\uc74c\u2019\u20261\ubd84\uae30 \ubd80\uc9c4, 2\ubd84\uae30 \ud658\uae09 \ud6a8\uacfc\u201d"},"content":{"rendered":"\ubbf8\uad6d \uc18c\ube44\uc9c0\ucd9c\uc740 2026\ub144 \ucd08\ub85c \uac08\uc218\ub85d \ub454\ud654 \uc870\uc9d0\uc774 \ub69c\ub837\ud558\ub2e4. **\uc2e4\uc9c8 \uc9c0\ucd9c**(\ubb3c\uac00 \uc0c1\uc2b9\ubd84\uc744 \uc81c\uac70\ud55c \uc9c0\ucd9c)\uc740 11~12\uc6d4\uc5d0 \uc804\uc6d4 \ub300\ube44 \ud3c9\uade0 0.1% \uc99d\uac00\ud55c \ub370 \uc774\uc5b4 1\uc6d4\ub3c4 0.1% \ub298\uc5b4\ub098\ub294 \ub370 \uadf8\uce58\uba70 1\ubd84\uae30 \ucd9c\ubc1c\uc810\uc774 \uc57d\ud574\uc84c\ub2e4.\n\n2\uc6d4 \uc9c0\ud45c\ub294 \uc18c\ud3ed \uac1c\uc120\uc5d0 \uadf8\uce60 \uc804\ub9dd\uc774\ub2e4. \uc608\ube44 \uc804\ub9dd\uce58\ub294 **\uc2e4\uc9c8 \u2018\ucee8\ud2b8\ub864 \uadf8\ub8f9\u2019 \uc18c\ub9e4\ud310\ub9e4**(GDP \uc0b0\ucd9c\uc5d0 \uc0c1\ub300\uc801\uc73c\ub85c \uc9c1\uc811 \ubc18\uc601\ub418\ub294 \ud575\uc2ec \uc18c\ub9e4\ud310\ub9e4 \ud56d\ubaa9\uc73c\ub85c, \ubcc0\ub3d9\uc131\uc774 \ud070 \ud56d\ubaa9\uc744 \uc77c\ubd80 \uc81c\uc678\ud55c \uc9c0\ud45c)\uac00 \uc804\uc6d4 \ub300\ube44 0.2% \uc99d\uac00\ub97c \uac00\ub9ac\ud0a8\ub2e4. \ubc18\uba74 \uc2dc\uce74\uace0 \uc5f0\uc900\uc740 **\uc790\ub3d9\ucc28\ub97c \uc81c\uc678\ud55c \uc2e4\uc9c8 \uc18c\ub9e4\ud310\ub9e4**\uac00 0.1% \uac10\uc18c\ud560 \uac83\uc73c\ub85c \ucd94\uc815\ud55c\ub2e4.\n\n

Consumption Growth Outlook<\/h3>\n\ubd84\uae30 \uae30\uc900 \uc18c\ube44 \uc99d\uac00\uc728\uc740 1\ubd84\uae30\uc5d0 **\uc804\uae30 \ub300\ube44 \uc5f0\uc728 1.8%**\ub85c, \uc9c1\uc804 \ubd84\uae30(2.0%)\uc5d0\uc11c \ub454\ud654\ud560 \uac83\uc73c\ub85c \uc608\uc0c1\ub41c\ub2e4. **\uc804\ub144 \ub300\ube44**\ub85c\ub294 1\ubd84\uae30 \uc9c0\ucd9c\uc774 2.4% \ub298 \uc804\ub9dd\uc774\uba70, **\uc138\uae08 \ud658\uae09**\uc740 \uc5f0\ucd08\ubcf4\ub2e4 2\ubd84\uae30\uc5d0 \ub354 \ud070 \uc9c0\uc9c0 \uc694\uc778\uc774 \ub420 \uac83\uc73c\ub85c \ubcf4\uc778\ub2e4.\n\n\ub9ac\uc2a4\ud06c\ub294 \uace0\uc6a9\uc2dc\uc7a5\uacfc \ubb3c\uac00\uc5d0\uc11c \ucee4\uc9c0\uace0 \uc788\ub2e4. 1\uc6d4 \uace0\uc6a9\uc9c0\ud45c\uac00 \uac15\ud588\uc9c0\ub9cc 2\uc6d4\uc5d0\ub294 \uace0\uc6a9 \uc5ec\uac74\uc774 \ub2e4\uc18c \uc57d\ud574\uc84c\uace0, \uc120\ud589\uc9c0\ud45c\ub294 3\uc6d4 **\ube44\ub18d\uc5c5 \uace0\uc6a9 \uc99d\uac00\ud3ed**(\uc815\ubd80\u00b7\ub18d\uc5c5 \ub4f1\uc744 \uc81c\uc678\ud55c \uace0\uc6a9\uc790 \uc218 \uc99d\uac00)\uc774 0\uba85~5\ub9cc\uba85 \ubc94\uc704\uc5d0 \uadf8\uce60 \uac00\ub2a5\uc131\uc744 \uc2dc\uc0ac\ud55c\ub2e4.\n\n\uc720\uac00\u00b7\ud718\ubc1c\uc720 \uac00\uaca9 \uc0c1\uc2b9, \uc911\ub3d9 \ubd84\uc7c1\uc774 \uc2ec\ub9ac\uc5d0 \ubbf8\uce58\ub294 \uc601\ud5a5, 3~4\uc6d4 \ubb3c\uac00 \uc0c1\uc2b9\uc740 **\uc2e4\uc9c8 \uc18c\ub4dd**(\uba85\ubaa9 \uc18c\ub4dd\uc5d0\uc11c \ubb3c\uac00 \uc0c1\uc2b9\uc744 \ube80 \uad6c\ub9e4\ub825)\uc744 \uae4e\uc744 \uac83\uc73c\ub85c \uc608\uc0c1\ub41c\ub2e4. \uc138\uae08 \ud658\uae09 \uc2dc\uc810\uc758 \ucc28\uc774\uc640 \uc8fc\uc2dd\uc2dc\uc7a5 \ud558\ub77d\ub3c4 \uac00\uacc4\ubcc4 \uc18c\ube44 \uaca9\ucc28\ub97c \ud0a4\uc6b8 \uc218 \uc788\ub2e4.\n\n\uc9c0\ub09c\ud574 \ub9d0 \uc774\ud6c4 \uc18c\ube44 \ubaa8\uba58\ud140\uc774 \uc2dd\uace0 \uc788\ub2e4. \uc2e4\uc9c8 \uc9c0\ucd9c \ubd80\uc9c4\uc740 1\ubd84\uae30 \uc57d\ud55c \ucd9c\ubc1c\uc744 \ub9cc\ub4e4\uc5c8\uace0, \ubbf8\uc2dc\uac04\ub300 **\uc18c\ube44\uc790\uc2ec\ub9ac\uc9c0\uc218**\uac00 65.2\ub85c 6\uac1c\uc6d4 \ucd5c\uc800\uce58\ub85c \ub5a8\uc5b4\uc9c0\uba74\uc11c \uc774\ub7f0 \ud750\ub984\uc774 \uc774\uc5b4\uc9c8 \uac00\ub2a5\uc131\uc774 \ucee4\uc84c\ub2e4. \uc774\ub7f0 \ud658\uacbd\uc5d0\uc11c\ub294 **\uc18c\ube44\uc7ac\ub7c9 ETF**(\uacbd\uae30 \uc0c1\ud669\uc5d0 \ub530\ub77c \uc9c0\ucd9c\uc774 \ud06c\uac8c \ubcc0\ud558\ub294 \ud488\ubaa9 \uc911\uc2ec ETF)\uc778 XLY\uc5d0 \ub300\ud574 \uc57d\uc138 \ud3ec\uc9c0\uc158\uc744 \uace0\ub824\ud560 \uc218 \uc788\ub2e4. \uc608\ub97c \ub4e4\uc5b4 **\ud48b\uc635\uc158 \ub9e4\uc218**(\uac00\uaca9 \ud558\ub77d \uc2dc \uc774\uc775\uc774 \ub098\ub294 \uad8c\ub9ac)\ub098 **\ucf5c \uc2a4\ud504\ub808\ub4dc \ub9e4\ub3c4**(\uc0c1\uc2b9 \ud3ed\uc774 \uc81c\ud55c\ub420 \uac83\uc73c\ub85c \ubcf4\uace0 \ucf5c\uc635\uc158\uc744 \uc870\ud569\ud574 \ud504\ub9ac\ubbf8\uc5c4\uc744 \ubc1b\ub294 \uc804\ub7b5) \uac19\uc740 \ubc29\uc2dd\uc774\ub2e4.\n\n

Market Hedging Considerations<\/h3>\n\uace0\uc6a9\uc2dc\uc7a5\uc774 \ub454\ud654 \uc2e0\ud638\ub97c \ubcf4\uc774\uba74\uc11c \uc804\uccb4 \uc8fc\uc2dd\uc2dc\uc7a5\uc5d0\ub3c4 \ud558\ubc29 \uc704\ud5d8\uc774 \ucee4\uc9c0\uace0 \uc788\ub2e4. \ucd5c\uadfc **\uc8fc\uac04 \uc2e0\uaddc \uc2e4\uc5c5\uc218\ub2f9 \uccad\uad6c \uac74\uc218**\ub294 22\ub9cc5,000\uac74\uc73c\ub85c \uc0c1\uc2b9\uc138\ub97c \uc774\uc5b4\uac00\uba70, \uc608\uc0c1\ud558\ub294 3\uc6d4 \uace0\uc6a9 \ub454\ud654\ub97c \ub4b7\ubc1b\uce68\ud55c\ub2e4. \uc774\ub7f0 \uc7a0\uc7ac\uc801 \uacbd\uae30 \uc57d\ud654\ub97c \ub300\ube44\ud574 S&P500 \uac19\uc740 \uad11\ubc94\uc704 \uc9c0\uc218\uc5d0 **\ubcf4\ud638\uc6a9 \ud48b\uc635\uc158**(\ubcf4\uc720 \uc790\uc0b0 \ud558\ub77d\uc744 \uc0c1\uc1c4\ud558\uae30 \uc704\ud55c \ud48b \ub9e4\uc218)\uc744 \ud65c\uc6a9\ud558\ub294 \uac83\uc774 \ubc29\uc5b4 \uc804\ub7b5\uc774 \ub420 \uc218 \uc788\ub2e4.\n\n\ub3d9\uc2dc\uc5d0 \uc5d0\ub108\uc9c0 \ube44\uc6a9 \uc0c1\uc2b9\uc740 \uc18c\ube44\uc790\uc5d0 \uc9c1\uc811 \ud0c0\uaca9\uc744 \uc900\ub2e4. WTI(\uc11c\ubd80\ud14d\uc0ac\uc2a4\uc0b0 \uc6d0\uc720)\uac00 \ubc30\ub7f4\ub2f9 85\ub2ec\ub7ec \uc704\uc5d0\uc11c \uc6c0\uc9c1\uc774\ub294 \uc0c1\ud669\uc5d0\uc11c \uac00\uacc4 \uc608\uc0b0 \uc555\ubc15\uacfc \ubb3c\uac00 \uc790\uadf9\uc774 \uc608\uc0c1\ub41c\ub2e4. \uc774\ub294 2022\ub144\uc758 \uc5d0\ub108\uc9c0 \uae09\ub4f1\ucc98\ub7fc \uc778\ud50c\ub808\uc774\uc158\uc744 \ub2e4\uc2dc \uc790\uadf9\ud560 \uc218 \uc788\ub2e4. \uc774\ub7f0 \ud750\ub984\uc740 \uc5d0\ub108\uc9c0 \uc139\ud130 \ud380\ub4dc\uc5d0 \ub300\ud55c **\ucf5c\uc635\uc158**(\uc0c1\uc2b9 \uc2dc \uc774\uc775\uc774 \ub098\ub294 \uad8c\ub9ac) \uc804\ub7b5\uc744 \ub9e4\ub825\uc801\uc73c\ub85c \ub9cc\ub4e4 \uc218 \uc788\uc73c\uba70, \uc18c\ube44 \uad00\ub828 \uc5c5\uc885\uc5d0 \ub300\ud574\uc11c\ub294 \ubcf4\uc218\uc801 \uc2dc\uac01\uc744 \uac15\ud654\ud55c\ub2e4.\n\n\uc131\uc7a5 \ub454\ud654\uc640 **\ub048\uc801\ud55c \ubb3c\uac00(\uc2a4\ud2f0\ud0a4 \uc778\ud50c\ub808\uc774\uc158)**(\uc27d\uac8c \ub0b4\ub824\uac00\uc9c0 \uc54a\uace0 \uc624\ub798 \uc9c0\uc18d\ub418\ub294 \ubb3c\uac00 \uc0c1\uc2b9)\uac00 \uacb9\uce58\uba70 \ubd88\ud655\uc2e4\uc131\uc774 \ucee4\uc9c0\uace0 \uc788\ub2e4. \ucd5c\uadfc CPI(\uc18c\ube44\uc790\ubb3c\uac00\uc9c0\uc218)\uc5d0\uc11c \ubb3c\uac00 \uc0c1\uc2b9\ub960\uc774 3.5%\ub97c \uc6c3\ub3cc\uace0, VIX(\ubcc0\ub3d9\uc131\uc9c0\uc218\u00b7\uacf5\ud3ec\uc9c0\uc218\ub85c \ubd88\ub9ac\uba70 \uc2dc\uc7a5\uc758 \ubcc0\ub3d9\uc131 \uae30\ub300\ub97c \ubc18\uc601)\uac00 18\uc744 \ub2e4\uc2dc \ub118\uc5b4\uc11c\uba74\uc11c \ubcc0\ub3d9 \ud655\ub300\uc5d0 \ub300\ube44\ud558\ub294 \ubd84\uc704\uae30\ub2e4. \uc608\uc0c1\ub300\ub85c \ubcc0\ub3d9\uc131\uc774 \ucee4\uc9c8 \uacbd\uc6b0 **VIX \ucf5c\uc635\uc158 \ub9e4\uc218**\uac00 \ub300\uc751 \uc218\ub2e8\uc774 \ub420 \uc218 \uc788\ub2e4.\n\n\ud2b9\ud788 \uc800\uc18c\ub4dd\uce35\uc740 \ud718\ubc1c\uc720 \uac00\uaca9 \ubd80\ub2f4\uc73c\ub85c \uc18c\ube44 \uc5ec\ub825\uc774 \uc2dc\ud5d8\ub300\uc5d0 \uc62c\ub790\ub2e4. \uc138\uae08 \ud658\uae09\uc774 \uc77c\ubd80 \uc9c0\uc9c0 \uc694\uc778\uc774 \ub420 \uc218 \uc788\uc9c0\ub9cc, \uc2dc\uc810\uc0c1 2\ubd84\uae30\uc5d0 \ub354 \uc601\ud5a5\uc774 \ud074 \uac00\ub2a5\uc131\uc774 \ub192\ub2e4. \ub530\ub77c\uc11c \uc18c\ube44 \ubc18\ub4f1\uc5d0 \ub300\ud55c \ub099\uad00\uc801 \uc804\ub7b5\uc740 5~6\uc6d4 \ub9cc\uae30 \ub4f1 \ub354 \ub4a4\uc758 \ub9cc\uae30\ub85c \uc124\uacc4\ud558\ub294 \ud3b8\uc774 \ud569\ub9ac\uc801\uc77c \uc218 \uc788\ub2e4.\n

\n\n

\uc9c0\uae08 \ubc14\ub85c \uac70\ub798\ub97c \uc2dc\uc791\ud558\uc138\uc694 – VT Markets \uc2e4\uacc4\uc88c\ub97c \uac1c\uc124\ud558\ub824\uba74 \uc5ec\uae30<\/a>\ub97c \ud074\ub9ad\ud558\uc138\uc694 <\/strong> <\/p>\n","protected":false},"excerpt":{"rendered":"

\ubbf8\uad6d \uc18c\ube44 \ub454\ud654 \uacbd\uace0\ub4f1: \uc2e4\uc9c8\uc9c0\ucd9c 0.1%\ub300 \uc815\uccb4, 1\ubd84\uae30 \uc18c\ube44 1.8%\ub85c \ub454\ud654 \uc804\ub9dd. \uace0\uc6a9\u00b7\uc720\uac00\u00b7\uc2a4\ud2f0\ud0a4 \ubb3c\uac00\uac00 \uc2e4\uc9c8\uc18c\ub4dd \uc555\ubc15. XLY \uc57d\uc138\u00b7\uc9c0\uc218 \ud48b\u00b7\uc5d0\ub108\uc9c0 \ucf5c\u00b7VIX \ucf5c\ub85c \ubc29\uc5b4.<\/p>\n","protected":false},"author":87,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[71],"tags":[],"class_list":["post-41815","post","type-post","status-publish","format-standard","hentry","category-live-updates"],"acf":{"acf_article_selection_author":null},"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/www.vtmarkets.com\/kr-asia\/wp-json\/wp\/v2\/posts\/41815","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.vtmarkets.com\/kr-asia\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.vtmarkets.com\/kr-asia\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.vtmarkets.com\/kr-asia\/wp-json\/wp\/v2\/users\/87"}],"replies":[{"embeddable":true,"href":"https:\/\/www.vtmarkets.com\/kr-asia\/wp-json\/wp\/v2\/comments?post=41815"}],"version-history":[{"count":0,"href":"https:\/\/www.vtmarkets.com\/kr-asia\/wp-json\/wp\/v2\/posts\/41815\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.vtmarkets.com\/kr-asia\/wp-json\/wp\/v2\/media?parent=41815"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.vtmarkets.com\/kr-asia\/wp-json\/wp\/v2\/categories?post=41815"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.vtmarkets.com\/kr-asia\/wp-json\/wp\/v2\/tags?post=41815"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}