{"id":41900,"date":"2026-03-20T01:43:14","date_gmt":"2026-03-20T01:43:14","guid":{"rendered":"https:\/\/www.vtmarkets.com\/kr\/uncategorized\/%ec%a3%bc%ec%8b%9d%ec%8b%9c%ec%9e%a5-%ec%b6%94%ea%b0%80-%ea%b8%89%eb%9d%bd%ec%9c%a0%ea%b0%80-%ea%b8%89%eb%93%b1%ec%97%90-%e7%be%8e-%ec%8a%a4%ed%83%9c%ea%b7%b8%ed%94%8c%eb%a0%88%ec%9d%b4\/"},"modified":"2026-03-20T01:43:14","modified_gmt":"2026-03-20T01:43:14","slug":"%ec%a3%bc%ec%8b%9d%ec%8b%9c%ec%9e%a5-%ec%b6%94%ea%b0%80-%ea%b8%89%eb%9d%bd%ec%9c%a0%ea%b0%80-%ea%b8%89%eb%93%b1%ec%97%90-%e7%be%8e-%ec%8a%a4%ed%83%9c%ea%b7%b8%ed%94%8c%eb%a0%88%ec%9d%b4","status":"publish","type":"post","link":"https:\/\/www.vtmarkets.com\/kr-asia\/live-updates\/%ec%a3%bc%ec%8b%9d%ec%8b%9c%ec%9e%a5-%ec%b6%94%ea%b0%80-%ea%b8%89%eb%9d%bd%ec%9c%a0%ea%b0%80-%ea%b8%89%eb%93%b1%ec%97%90-%e7%be%8e-%ec%8a%a4%ed%83%9c%ea%b7%b8%ed%94%8c%eb%a0%88%ec%9d%b4\/","title":{"rendered":"\uc8fc\uc2dd\uc2dc\uc7a5 \ucd94\uac00 \uae09\ub77d\u2026\uc720\uac00 \uae09\ub4f1\uc5d0 \u7f8e \uc2a4\ud0dc\uadf8\ud50c\ub808\uc774\uc158 \uc6b0\ub824 \ud655\uc0b0, \ub2e4\uc6b0 4\ub9cc6\ucc9c\uc120 \ud558\ud68c"},"content":{"rendered":"\ubbf8\uad6d \uc99d\uc2dc\ub294 \ubaa9\uc694\uc77c\uc5d0\ub3c4 \ud558\ub77d\ud588\ub2e4. \ub2e4\uc6b0\uc874\uc2a4\uc0b0\uc5c5\ud3c9\uade0\uc9c0\uc218\ub294 4\ub9cc6,000\uc120 \uc544\ub798\ub85c \ub0b4\ub824\uac14\ub2e4. \uc2a4\ud0e0\ub354\ub4dc\uc564\ub4dc\ud478\uc5b4\uc2a4(S&P)500\uc9c0\uc218\ub294 \uc57d 0.8% \ub5a8\uc5b4\uc9c0\uba70 5\uc6d4 \uc774\ud6c4 \ucc98\uc74c\uc73c\ub85c 200\uc77c \uc774\ub3d9\ud3c9\uade0\uc120(\ucd5c\uadfc 200\uac70\ub798\uc77c \ud3c9\uade0 \uac00\uaca9) \uc544\ub798\ub85c \ub0b4\ub824\uc654\ub2e4. \ub098\uc2a4\ub2e5\uc885\ud569\uc9c0\uc218\ub294 \uc57d 1% \ud558\ub77d\ud588\ub2e4.\n\n\ub9e4\ub3c4\ub294 \uc804\ubc18\uc73c\ub85c \ud655\uc0b0\ub410\ub2e4. \uc911\uc18c\ud615\uc8fc \uc9c0\uc218\uc778 \ub7ec\uc1402000\uc740 52\uc8fc \ucd5c\uace0\uce58 \ub300\ube44 \uc57d 10% \ud558\ub77d\ud574 \u2018\uc870\uc815 \uad6d\uba74\u2019(\uace0\uc810 \ub300\ube44 10% \uc548\ud30e \ud558\ub77d)\uc5d0 \uadfc\uc811\ud588\ub2e4. \ub2e4\uc6b0\uc9c0\uc218\ub294 5\ub9cc500\uc120\uc774 \ub118\ub294 \uc0ac\uc0c1 \ucd5c\uace0\uce58 \ub300\ube44 \uc57d 9% \ub0ae\uc740 \uc218\uc900\uc774\uba70, 200\uc77c \uc9c0\uc218\uc774\ub3d9\ud3c9\uade0\uc120(\ucd5c\uadfc \uac12\uc5d0 \ub354 \ud070 \ube44\uc911\uc744 \ub454 200\uc77c \ud3c9\uade0)\uc778 4\ub9cc6,700\uc120\ub3c4 \ubc11\ub3cc\uace0 \uc788\ub2e4.\n\n

\uc5d0\ub108\uc9c0 \ucda9\uaca9, \uae08\uc735\uc2dc\uc7a5 \uac15\ud0c0<\/h3>\n\ube0c\ub80c\ud2b8\uc720\ub294 \ubc30\ub7f4\ub2f9 118\ub2ec\ub7ec\ub97c \uc6c3\ub3cc\uc558\ub2e4\uac00 112\ub2ec\ub7ec \uc548\ud30e\uc73c\ub85c \ub0b4\ub824\uc654\ub2e4. \uc11c\ubd80\ud14d\uc0ac\uc2a4\uc0b0\uc6d0\uc720(WTI)\ub294 97\ub2ec\ub7ec\uc120\uc73c\ub85c \uc0c1\uc2b9\ud588\ub2e4. \ubd84\uc7c1 \uc5ec\ud30c\ub85c \ud638\ub974\ubb34\uc988 \ud574\ud611\uc744 \uc9c0\ub098\ub294 \uc120\ubc15 \uc6b4\ud56d\uc774 \ucc28\uc9c8\uc744 \ube5a\uc5c8\uace0, \uc218\ucd9c\uc2dc\uc7a5\uc5d0\uc11c\ub294 \ud558\ub8e8 \uc57d 2,000\ub9cc \ubc30\ub7f4 \ubb3c\ub7c9\uc774 \ube60\uc9c4 \uac83\uc73c\ub85c \uc804\ud574\uc84c\ub2e4. \uc720\ub7fd \ucc9c\uc5f0\uac00\uc2a4 \uac00\uaca9\uc740 \ucd5c\ub300 35% \uc62c\ub790\ub2e4.\n\n\ubbf8 \uc5f0\ubc29\uc900\ube44\uc81c\ub3c4(Fed\u00b7\uc5f0\uc900)\ub294 \uae30\uc900\uae08\ub9ac\ub97c 3.50%~3.75%\ub85c \ub3d9\uacb0\ud588\ub2e4(\ud45c\uacb0 11\ub300 1). \uc810\ub3c4\ud45c(\uc5f0\uc900 \uc704\uc6d0\ub4e4\uc758 \ud5a5\ud6c4 \uae08\ub9ac \uc804\ub9dd\uc744 \uc810\uc73c\ub85c \ud45c\uc2dc\ud55c \ud45c)\ub294 2026\ub144\uc5d0 0.25%\ud3ec\uc778\ud2b8(25bp) 1\ud68c \uc778\ud558\ub97c \uc5ec\uc804\ud788 \ubc18\uc601\ud588\uc9c0\ub9cc, \uc704\uc6d0 7\uba85\uc740 \uc62c\ud574 \uc778\ud558\uac00 \uc5c6\uc744 \uac83\uc73c\ub85c \ubd24\ub2e4. 2026\ub144 \uadfc\uc6d0 \uac1c\uc778\uc18c\ube44\uc9c0\ucd9c(PCE) \ubb3c\uac00 \uc804\ub9dd\uce58\ub294 2.5%\uc5d0\uc11c 2.7%\ub85c \ub192\uc544\uc84c\ub2e4(\uadfc\uc6d0 PCE\ub294 \ubcc0\ub3d9\uc774 \ud070 \uc2dd\ub8cc\ud488\u00b7\uc5d0\ub108\uc9c0\ub97c \ube80 \ubb3c\uac00\uc9c0\ud45c).\n\nCME \ud398\ub4dc\uc6cc\uce58(\uae08\ub9ac\uc120\ubb3c \uac00\uaca9\uc73c\ub85c \uc5f0\uc900\uc758 \uae08\ub9ac \uacb0\uc815\uc744 \ud655\ub960\ub85c \ucd94\uc815\ud558\ub294 \uc9c0\ud45c)\ub294 12\uc6d4\uae4c\uc9c0 \ud55c \ucc28\ub840\ub77c\ub3c4 \uc778\ud558\ud560 \ud655\ub960\uc744 60% \ubbf8\ub9cc\uc73c\ub85c \ubc18\uc601\ud588\ub2e4. \uc2e0\uaddc \uc2e4\uc5c5\uc218\ub2f9 \uccad\uad6c\ub294 8,000\uac74 \uc904\uc5b4 20\ub9cc5,000\uac74\uc73c\ub85c \uac10\uc18c\ud588\uace0, \uc5f0\uc18d \uccad\uad6c(2\uc8fc \uc774\uc0c1 \uccad\uad6c)\ub294 1\ub9cc\uac74 \ub298\uc5b4 185\ub9cc7,000\uac74\uc774\uc5c8\ub2e4. \ud544\ub77c\ub378\ud53c\uc544 \uc5f0\uc740 \uc81c\uc870\uc5c5\uc9c0\uc218\ub294 16.3\uc5d0\uc11c 18.1\ub85c \uc62c\ub790\ub2e4.\n\n\ub9c8\uc774\ud06c\ub860\uc740 \uc8fc\ub2f9\uc21c\uc774\uc775(EPS) 12.20\ub2ec\ub7ec, \ub9e4\ucd9c 238\uc5b56,000\ub9cc\ub2ec\ub7ec(\uc804\ub144 \ub300\ube44 196% \uc99d\uac00)\ub97c \ubc1c\ud45c\ud558\uace0 2026\ub144 \uc124\ube44\ud22c\uc790(capex\u00b7\uacf5\uc7a5\u00b7\uc7a5\ube44 \ud22c\uc790) \uacc4\ud68d\uc744 50\uc5b5\ub2ec\ub7ec \ub298\ub838\uc9c0\ub9cc \uc8fc\uac00\ub294 \uc57d 7% \ud558\ub77d\ud588\ub2e4. \ubcf4\uc789\uc740 3% \ub118\uac8c \ub5a8\uc5b4\uc84c\uace0, \uce90\ud130\ud544\ub7ec\ub294 2% \ub118\uac8c \ud558\ub77d\ud588\ub2e4. \uc138\uc77c\uc988\ud3ec\uc2a4\ub294 1.5% \uc774\uc0c1 \uc62c\ub790\ub2e4.\n\n

\ubcc0\ub3d9\uc131 \ubc0f \ud3ec\uc9c0\uc154\ub2dd<\/h3>\n\uc2dc\uc7a5\uc774 \ud070 \uc5d0\ub108\uc9c0 \ucda9\uaca9\uacfc \uc5f0\uc900\uc758 \ub9e4\ud30c\uc801 \uae30\uc870(\uc778\ud50c\ub808\uc774\uc158 \uc5b5\uc81c\ub97c \uc704\ud574 \uae08\ub9ac\ub97c \ub192\uac8c \uc720\uc9c0\ud558\ub824\ub294 \uc131\ud5a5)\uc5d0 \ubc18\uc751\ud558\uba74\uc11c \ub2f9\ubd84\uac04 \u2018\ubcc0\ub3d9\uc131\u2019\uc774 \ud575\uc2ec \ubcc0\uc218\ub85c \ubd80\uc0c1\ud588\ub2e4. CBOE \ubcc0\ub3d9\uc131\uc9c0\uc218(VIX\u00b7S&P500 \uc635\uc158 \uac00\uaca9\uc73c\ub85c \uacc4\uc0b0\ud55c \uc2dc\uc7a5 \ubd88\uc548 \uc9c0\ud45c)\ub294 32\ub97c \ub118\uc5b4\uc130\ub2e4. \ubcc0\ub3d9\uc131\uc774 \ub192\uc740 \uc0c1\ud0dc\uac00 \uc774\uc5b4\uc9c0\uba74 \uc635\uc158 \ud504\ub9ac\ubbf8\uc5c4(\uc635\uc158 \uac00\uaca9)\uc774 \ube44\uc2f8\uac8c \uc720\uc9c0\ub3fc, \ub2e8\uc21c \ub9e4\uc218(\ub871)\ub85c \ubc84\ud2f0\ub294 \uc804\ub7b5\uc758 \ube44\uc6a9\uacfc \uc704\ud5d8\uc774 \ucee4\uc9c4\ub2e4.\n\nS&P500\uc774 200\uc77c \uc774\ub3d9\ud3c9\uade0\uc120 \uc544\ub798\ub85c \ub0b4\ub824\uc628 \ub9cc\ud07c, \uc8fc\uc694 \uc9c0\uc218\ub294 \ucd94\uac00 \ud558\ub77d \uc555\ub825\uc774 \uc6b0\uc138\ud558\ub2e4\ub294 \uc2dc\uac01\uc774 \ub098\uc628\ub2e4. \uc704\ud5d8\uc744 \ud55c\uc815\ud558\ub294 \ubc29\ubc95\uc73c\ub85c\ub294 \uc120\ubb3c(\ubbf8\ub9ac \uc815\ud55c \uac00\uaca9\uc5d0 \uc0ac\uace0\ud30c\ub294 \uacc4\uc57d)\uc774\ub098 \ubca0\uc5b4 \ucf5c \uc2a4\ud504\ub808\ub4dc(\ucf5c\uc635\uc158\uc744 \ub9e4\ub3c4\ud558\uace0 \ub354 \ub192\uc740 \ud589\uc0ac\uac00 \ucf5c\uc635\uc158\uc744 \ub9e4\uc218\ud574 \uc190\uc2e4\uc744 \uc81c\ud55c\ud558\ub294 \ud558\ub77d\u00b7\ud6a1\ubcf4 \ubca0\ud305)\uac00 \uac70\ub860\ub41c\ub2e4. \ub2e4\uc6b0\uc9c0\uc218\uc758 4\ub9cc6,000\uc120 \uc774\ud0c8\uc740 \uc57d\uc138 \uc2e0\ud638\ub85c \ud574\uc11d\ub418\uba70, \ubd95\uad34\ub41c 4\ub9cc6,700\uc120 \ubd80\uadfc\uc73c\ub85c\uc758 \ubc18\ub4f1\uc740 \ub9e4\ub3c4 \uae30\ud68c\ub85c \ubcfc \uc218 \uc788\ub2e4\ub294 \ubd84\uc11d\uc774\ub2e4.\n\n\ubc29\uc5b4\uc8fc\ub85c\uc758 \ub85c\ud14c\uc774\uc158(\uc790\uae08\uc774 \uc131\uc7a5\u00b7\uacbd\uae30\ubbfc\uac10\uc8fc\uc5d0\uc11c \uacbd\uae30\ubc29\uc5b4 \uc5c5\uc885\uc73c\ub85c \uc774\ub3d9)\ub3c4 \ub69c\ub837\ud558\ub2e4. \uc774\uc5d0 \ub530\ub77c \ud398\uc5b4 \ud2b8\ub808\uc774\ub4dc(\uc0c1\ub300\uc801\uc73c\ub85c \uac15\ud55c \uc790\uc0b0\uc744 \ub9e4\uc218\ud558\uace0 \uc57d\ud55c \uc790\uc0b0\uc744 \ub9e4\ub3c4\ud574 \uc2dc\uc7a5 \ubc29\ud5a5 \ub9ac\uc2a4\ud06c\ub97c \uc904\uc774\ub294 \uc804\ub7b5) \uae30\ud68c\uac00 \uc788\ub2e4\ub294 \ud3c9\uac00\uac00 \ub098\uc628\ub2e4. \uc6d0\uc720 \uac00\uaca9\uc774 2022\ub144 \uace0\uc810 \uc218\uc900\uc5d0 \uac00\uae4c\uc6cc\uc9c0\ub294 \ub9cc\ud07c \uc5d0\ub108\uc9c0 \uc139\ud130(XLE\u00b7\uc5d0\ub108\uc9c0 \uc5c5\uc885 ETF) \ube44\uc911 \ud655\ub300\uac00 \uac70\ub860\ub41c\ub2e4. \ubc18\ub300\ub85c \uc0b0\uc5c5\uc7ac(XLI\u00b7\uc0b0\uc5c5\uc7ac \uc5c5\uc885 ETF)\uc640 \uacbd\uae30\uc18c\ube44\uc7ac\ub294 \uc6d0\uac00 \uc0c1\uc2b9\uacfc \uc218\uc694 \ub454\ud654\uc5d0 \ucde8\uc57d\ud574 \ub9e4\ub3c4 \ub300\uc0c1\uc774 \ub420 \uc218 \uc788\ub2e4.\n\n\ud604\uc7ac \ud658\uacbd\uc740 1970\ub144\ub300\uc2dd \uc2a4\ud0dc\uadf8\ud50c\ub808\uc774\uc158(\uacbd\uae30 \ub454\ud654\uc640 \ubb3c\uac00 \uc0c1\uc2b9\uc774 \ub3d9\uc2dc\uc5d0 \ub098\ud0c0\ub098\ub294 \uc0c1\ud669)\uacfc \ube44\uad50\ub41c\ub2e4. 2025\ub144 \uc0c1\ub2f9 \uae30\uac04 \uc774\uc5b4\uc84c\ub358 \ub514\uc2a4\uc778\ud50c\ub808\uc774\uc158(\ubb3c\uac00 \uc0c1\uc2b9\ub960\uc774 \ub454\ud654\ub418\ub294 \ud750\ub984)\uacfc \ub2ec\ub9ac, \uc5f0\uc900\uc740 \uc131\uc7a5 \ub454\ud654 \uc18d\uc5d0\uc11c\ub3c4 \ubb3c\uac00\ub97c \uc7a1\uae30 \uc704\ud574 \uae08\ub9ac\ub97c \ub192\uac8c \uc720\uc9c0\ud574\uc57c \ud558\ub294 \ubd80\ub2f4\uc774 \ucee4\uc84c\ub2e4\ub294 \ud574\uc11d\uc774\ub2e4. \uc774\ub294 \uacfc\uac70 \ud558\ub77d\uc7a5\uc5d0\uc11c \ud22c\uc790\uc790\ub4e4\uc774 \uae30\ub300\ud558\ub358 \u2018\uc5f0\uc900 \ud48b\u2019(\uc2dc\uc7a5 \uae09\ub77d \uc2dc \uc5f0\uc900\uc774 \uc644\ud654\uc815\ucc45\uc73c\ub85c \ubc29\uc5b4\ud574\uc904 \uac83\uc774\ub77c\ub294 \uae30\ub300)\uc744 \uc57d\ud654\uc2dc\ud0a8\ub2e4.\n\n\ud504\ub9ac\ubbf8\uc5c4\uc774 \ub192\uc740 \uc0c1\ud669\uc5d0\uc11c \ud48b\uc635\uc158(\uac00\uaca9 \ud558\ub77d\uc5d0 \ubca0\ud305\ud558\ub294 \uad8c\ub9ac)\uc744 \ub2e8\uc21c \ub9e4\uc218\ud558\ub294 \ubc29\uc2dd\uc740 \ube44\uc6a9 \ubd80\ub2f4\uc774 \ud06c\ub2e4. \uc774\uc5d0 \ub530\ub77c SPDR S&P500 ETF(SPY) \uac19\uc740 \uc9c0\uc218 \uc0c1\ud488\uc5d0\uc11c \ud48b \ub370\ube57 \uc2a4\ud504\ub808\ub4dc(\ud48b\uc635\uc158\uc744 \ub9e4\uc218\ud558\uace0 \ub354 \ub0ae\uc740 \ud589\uc0ac\uac00 \ud48b\uc635\uc158\uc744 \ub9e4\ub3c4\ud574 \ube44\uc6a9\uc744 \uc904\uc774\ub294 \uc804\ub7b5)\ub85c \uc9c4\uc785 \ube44\uc6a9\uc744 \ub0ae\ucd94\ub294 \uc811\uadfc\uc774 \uac70\ub860\ub41c\ub2e4. \ud558\ubc29 \ubc29\uc5b4 \uc218\uc694\uac00 \uac15\ud574 \uc8fc\uc694 \uc9c0\uc218\uc758 \ud48b\/\ucf5c \ube44\uc728(\ud48b \uac70\ub798\ub7c9\uc744 \ucf5c \uac70\ub798\ub7c9\uc73c\ub85c \ub098\ub208 \uac12)\uc774 \uc62c\ud574 \ucd5c\uace0 \uc218\uc900\uc73c\ub85c \uc62c\ub77c, \uacf5\ud3ec\uac00 \ud3ec\uc9c0\uc158\uc744 \uc88c\uc6b0\ud558\uace0 \uc788\ub2e4\ub294 \uc2e0\ud638\ub85c \ud574\uc11d\ub41c\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":"

\u201c\uc720\uac00\u00b7\uac00\uc2a4 \uae09\ub4f1\uc5d0 \uc5f0\uc900 \ub9e4\ud30c\uae4c\uc9c0\u201d \ubbf8 \uc99d\uc2dc \ub3d9\ubc18 \uae09\ub77d\u2026S&P500 200\uc77c\uc120 \ud558\ud68c, VIX 32 \ub3cc\ud30c. \ub7ec\uc140 \uc870\uc815 \uadfc\uc811, \ubc29\uc5b4\uc8fc \ub85c\ud14c\uc774\uc158\u00b7\uc635\uc158 \uc2a4\ud504\ub808\ub4dc\ub85c \ub9ac\uc2a4\ud06c \uad00\ub9ac \ubd80\uc0c1.<\/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-41900","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\/41900","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=41900"}],"version-history":[{"count":0,"href":"https:\/\/www.vtmarkets.com\/kr-asia\/wp-json\/wp\/v2\/posts\/41900\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.vtmarkets.com\/kr-asia\/wp-json\/wp\/v2\/media?parent=41900"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.vtmarkets.com\/kr-asia\/wp-json\/wp\/v2\/categories?post=41900"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.vtmarkets.com\/kr-asia\/wp-json\/wp\/v2\/tags?post=41900"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}