{"id":50652,"date":"2026-07-01T17:51:04","date_gmt":"2026-07-01T17:51:04","guid":{"rendered":"https:\/\/www.vtmarkets.com\/kr-asia\/uncategorized\/%eb%af%b8%ea%b5%ad-%ec%a0%9c%ec%a1%b0%ec%97%85-pmi-%eb%b6%80%ec%a7%84%ec%97%90-%eb%b0%a9%ec%96%b4%ec%a3%bc-%ed%97%a4%ec%a7%80%c2%b7%eb%b3%80%eb%8f%99%ec%84%b1-%eb%b2%a0%ed%8c%85-%ed%99%95%eb%8c%80\/"},"modified":"2026-07-01T17:51:04","modified_gmt":"2026-07-01T17:51:04","slug":"%eb%af%b8%ea%b5%ad-%ec%a0%9c%ec%a1%b0%ec%97%85-pmi-%eb%b6%80%ec%a7%84%ec%97%90-%eb%b0%a9%ec%96%b4%ec%a3%bc-%ed%97%a4%ec%a7%80%c2%b7%eb%b3%80%eb%8f%99%ec%84%b1-%eb%b2%a0%ed%8c%85-%ed%99%95%eb%8c%80","status":"publish","type":"post","link":"https:\/\/www.vtmarkets.com\/kr-asia\/live-updates\/%eb%af%b8%ea%b5%ad-%ec%a0%9c%ec%a1%b0%ec%97%85-pmi-%eb%b6%80%ec%a7%84%ec%97%90-%eb%b0%a9%ec%96%b4%ec%a3%bc-%ed%97%a4%ec%a7%80%c2%b7%eb%b3%80%eb%8f%99%ec%84%b1-%eb%b2%a0%ed%8c%85-%ed%99%95%eb%8c%80\/","title":{"rendered":"\ubbf8\uad6d \uc81c\uc870\uc5c5 PMI \ubd80\uc9c4\uc5d0 \ubc29\uc5b4\uc8fc \ud5e4\uc9c0\u00b7\ubcc0\ub3d9\uc131 \ubca0\ud305 \ud655\ub300\u2026\ucc44\uad8c \ub9e4\ub825 \ubd80\uac01"},"content":{"rendered":"

\ubbf8\uad6d S&P \uae00\ub85c\ubc8c \uc81c\uc870\uc5c5 PMI\ub294 6\uc6d4 53.9\ub85c \uc644\ud654\ub418\uba70 \uc2dc\uc7a5 \uc608\uc0c1\uce58(55.7)\ub97c \ud558\ud68c\ud588\ub2e4. \uc774\ubc88 \uc218\uce58\ub294 \uc5ec\uc804\ud788 \uacbd\uae30 \ud655\uc7a5\uc744 \uc2dc\uc0ac\ud558\uc9c0\ub9cc, \uc2dc\uc7a5\uc774 \uae30\ub300\ud588\ub358 \uac83\ubcf4\ub2e4 \ud655\uc7a5 \uc18d\ub3c4\uac00 \ub454\ud654\ub410\uc74c\uc744 \uc758\ubbf8\ud55c\ub2e4.<\/p>\n

\uc608\uc0c1\uce58 55.7\uacfc \uc2e4\uc81c\uce58 53.9\uc758 \uad34\ub9ac\ub294 \ud574\ub2f9 \uc6d4 \uacf5\uc7a5 \ud65c\ub3d9 \ubaa8\uba58\ud140\uc774 \uc804\ub9dd\ubcf4\ub2e4 \uc57d\ud588\uc74c\uc744 \ubcf4\uc5ec\uc900\ub2e4. S&P \uae00\ub85c\ubc8c\uc758 \uc124\ubb38 \uae30\ubc18 \uc9c0\ud45c\ub294 50 \uae30\uc900\uc120\uc744 \uc0c1\ud68c\ud558\uace0 \uc788\uc73c\ub098, 6\uc6d4 \uacb0\uacfc\ub294 \uc81c\uc870\uc5c5 \uc131\uc7a5\ub960\uc774 \uae30\ub300 \ub300\ube44 \uc2dd\uc5c8\uc74c\uc744 \uc2dc\uc0ac\ud55c\ub2e4.<\/p>\n

\uc2dc\uc7a5 \ubcc0\ub3d9\uc131 \ubc0f \ubc29\uc5b4\uc801 \ud3ec\uc9c0\uc154\ub2dd<\/h3>\n

6\uc6d4 \uc81c\uc870\uc5c5 PMI\ub294 \uc608\uc0c1\ubcf4\ub2e4 \uc57d\ud558\uac8c \ub098\uc624\uba70 \uacbd\uae30 \ud655\uc7a5 \uc18d\ub3c4 \ub454\ud654\ub97c \uc2dc\uc0ac\ud588\ub2e4. 2026\ub144 7\uc6d4 1\uc77c \uae30\uc900, \ub2f9\uc0ac\ub294 \uc774\ub97c \ud5a5\ud6c4 \uc218\uc8fc\uac04 \uc2dc\uc7a5 \ubcc0\ub3d9\uc131 \ud655\ub300\uc5d0 \ub300\ube44\ud574\uc57c \ud55c\ub2e4\ub294 \uc2e0\ud638\ub85c \ubcf8\ub2e4. \uc81c\uc870\uc5c5 \uc139\ud130\uc758 \ub0c9\uac01\uc740 \uae30\uc5c5 \uc2e4\uc801\uacfc \uc804\ubc18\uc801\uc778 \uc131\uc7a5\uc5d0 \ubd80\ub2f4(\ud5e4\ub4dc\uc708\ub4dc)\uc73c\ub85c \uc791\uc6a9\ud560 \uc218 \uc788\ub2e4.<\/p>\n

\uc774 \uac19\uc740 \ubd88\ud655\uc2e4\uc131\uc73c\ub85c \uc778\ud574 \ub2f9\uc0ac\ub294 CBOE \ubcc0\ub3d9\uc131\uc9c0\uc218(VIX)\uac00 \uc800\ud3c9\uac00\ub3fc \uc788\ub2e4\uace0 \ud310\ub2e8\ud55c\ub2e4. \uacfc\uac70 \ub370\uc774\ud130\uc0c1 PMI \ub4f1 \uc120\ud589\uc9c0\ud45c\uac00 \uc608\uc0c1\uce58\ub97c \ud558\ud68c\ud560 \ub54c VIX\uac00 \uae09\ub4f1\ud558\ub294 \uacbd\ud5a5\uc774 \uc788\uc5b4, VIX \ucf5c\uc635\uc158 \ub9e4\uc218\ub97c \uac80\ud1a0\ud558\uace0 \uc788\ub2e4. \uc608\ucee8\ub300 \uacfc\uac70 \uc720\uc0ac\ud55c PMI \u2018\ubbf8\uc2a4\u2019\ub294 \ud55c \ub2ec \ub0b4 VIX\uac00 20~30% \uae09\ub4f1\ud558\ub294 \uc0ac\ub840\ub85c \uc774\uc5b4\uc9c4 \uacbd\uc6b0\uac00 \ub9ce\uc558\ub2e4.<\/p>\n

\uad11\ubc94\uc704\ud55c \uc2dc\uc7a5\uc5d0 \ub300\ud574\uc11c\ub294 S&P 500\uc5d0 \ubcf4\ub2e4 \ubc29\uc5b4\uc801\uc778 \uc2a4\ud0e0\uc2a4\ub97c \ucde8\ud558\uace0 \uc788\ub2e4. \uc774\ubc88 \ubd84\uae30 \uc7a0\uc7ac\uc801 \uc870\uc815\uc744 \ub300\ube44\ud574 SPY \ub4f1 ETF\uc5d0 \ub300\ud55c \ud48b\uc635\uc158 \ub9e4\uc218\ub97c \ud569\ub9ac\uc801\uc778 \ud5e4\uc9c0\ub85c \ubcf8\ub2e4. \uc5ed\uc0ac\uc801\uc73c\ub85c \uc81c\uc870\uc5c5 PMI\uac00 \uc218 \ud3ec\uc778\ud2b8 \ud558\ud68c\ud558\ub294 \uacbd\uc6b0 \uc131\uc7a5 \uae30\ub300\uce58\uac00 \uc7ac\uc870\uc815\ub418\uba74\uc11c \uc774\ud6c4 \uc218\uc8fc\uac04 S&P 500\uc774 3~5% \ub418\ub3cc\ub9bc\uc744 \ubcf4\uc778 \uc0ac\ub840\uac00 \ube48\ubc88\ud588\ub2e4.<\/p>\n

\uc139\ud130 \ub85c\ud14c\uc774\uc158, \uae08\ub9ac \uc804\ub9dd \ubc0f \uc6d0\uc790\uc7ac \uc804\ub7b5<\/h3>\n

\uc774\ubc88 \uc9c0\ud45c\ub294 \uacbd\uae30 \ubbfc\uac10 \uc5c5\uc885\uc5d0\uc11c \ubc97\uc5b4\ub098\ub294 \uc139\ud130 \ub85c\ud14c\uc774\uc158\uc758 \uc2dc\uc810\uc784\uc744 \uc2dc\uc0ac\ud55c\ub2e4. \uc81c\uc870\uc5c5 \ud65c\ub3d9\uc5d0 \uc9c1\uc811 \uc601\ud5a5\uc744 \ubc1b\ub294 \uacbd\uae30\uc21c\ud658 \uc5c5\uc885\uc778 \uc0b0\uc5c5\uc7ac(XLI)\uc640 \uc18c\uc7ac(XLB) \ube44\uc911\uc744 \uc904\uc774\ub294 \ubc29\ud5a5\uc744 \uac80\ud1a0\ud558\uace0 \uc788\ub2e4. \ub3d9\uc2dc\uc5d0 \uacbd\uae30 \ub454\ud654 \uad6d\uba74\uc5d0\uc11c \uc0c1\ub300\uc801 \uac15\uc138\ub97c \ubcf4\uc774\ub294 \ubc29\uc5b4\uc8fc \uc139\ud130\uc778 \ud5ec\uc2a4\ucf00\uc5b4(XLV)\uc640 \uc720\ud2f8\ub9ac\ud2f0(XLU)\uc5d0 \ub300\ud574\uc11c\ub294 \ud48b \uc2a4\ud504\ub808\ub4dc(put spread) \ub9e4\ub3c4 \uc804\ub7b5\uc5d0\uc11c \uae30\ud68c\ub97c \ubcf4\uace0 \uc788\ub2e4.<\/p>\n

\uc57d\ud55c \uacbd\uae30 \uc9c0\ud45c\ub294 \uae08\ub9ac \uc804\ub9dd\ub3c4 \ubc14\uafbc\ub2e4. \ub2f9\uc0ac\ub294 \uc5f0\uc900(Fed)\uc774 \uacf5\uaca9\uc801\uc778 \uae08\ub9ac \uc778\uc0c1\uc5d0 \ub098\uc124 \uac00\ub2a5\uc131\uc774 \ub0ae\uc544\uc84c\ub2e4\uace0 \ubcf4\uba70, \uc774\ub294 \uad6d\ucc44\uae08\ub9ac(\uc218\uc775\ub960)\uc5d0 \ud558\ubc29 \uc555\ub825\uc744 \uc904 \uc218 \uc788\ub2e4. \uc774\uc5d0 \ub530\ub77c \uc5f0\uc900\uc774 \ube44\ub458\uae30\ud30c(\ub3c4\ube44\uc2dc)\ub85c \uae30\uc6b8 \uacbd\uc6b0 \ucc44\uad8c \uac00\uaca9 \uc0c1\uc2b9\uc744 \uc608\uc0c1\ud558\uba70, TLT \ub4f1 \ubbf8\uad6d \uad6d\ucc44 ETF \ucf5c\uc635\uc158\uc744 \ud1b5\ud574 \ud3ec\uc9c0\uc154\ub2dd\uc744 \uac80\ud1a0\ud558\uace0 \uc788\ub2e4.<\/p>\n

\ub9c8\uc9c0\ub9c9\uc73c\ub85c \uacf5\uc7a5 \uc0dd\uc0b0 \ub454\ud654\ub294 \uc0b0\uc5c5\uc6a9 \uc6d0\uc790\uc7ac \uc218\uc694 \uc57d\ud654\ub97c \uc9c1\uc811 \uc2dc\uc0ac\ud55c\ub2e4. \ub2f9\uc0ac\ub294 \uad6c\ub9ac\uc640 \uc6d0\uc720 \ub4f1 \uc790\uc0b0\uc5d0\uc11c \uc20f \ud3ec\uc9c0\uc158\uc744 \uad6c\ucd95\ud560 \uae30\ud68c\ub85c \ubcf4\uace0 \uc788\uc73c\uba70, \uc6d0\uc790\uc7ac ETF \ud48b\uc635\uc158 \ub9e4\uc218 \ub4f1\uc744 \ud1b5\ud574 \uc811\uadfc\ud560 \uc218 \uc788\ub2e4\uace0 \ubcf8\ub2e4. \uacbd\uae30 \uac74\uac15\ub3c4\uc758 \ud575\uc2ec \ubc14\ub85c\ubbf8\ud130\ub85c \uc5ec\uaca8\uc9c0\ub294 \uad6c\ub9ac \uac00\uaca9\uc740 \uc5ed\uc0ac\uc801\uc73c\ub85c PMI\uc640 \ub192\uc740 \uc0c1\uad00\uad00\uacc4\ub97c \ubcf4\uc5ec \uc654\uc73c\uba70, \uc758\ubbf8 \uc788\ub294 \uc81c\uc870\uc5c5 \ub454\ud654 \uc774\ud6c4 \uc218\uc8fc\uac04 \ud558\ub77d\ud558\ub294 \uacbd\uc6b0\uac00 \ub9ce\uc558\ub2e4.<\/p>\n\n\n\n

\uc9c0\uae08 \ubc14\ub85c \uac70\ub798\ub97c \uc2dc\uc791\ud558\uc138\uc694 \u2014 VT Markets \uc2e4\uacc4\uc88c\ub97c \uac1c\uc124\ud558\ub824\uba74 \uc5ec\uae30<\/a>\ub97c \ud074\ub9ad\ud558\uc138\uc694.<\/b>\n\n<\/p>","protected":false},"excerpt":{"rendered":"

\ubbf8 \uc81c\uc870\uc5c5 PMI 6\uc6d4 53.9\ub85c \uc608\uc0c1(55.7) \ud558\ud68c\u2026\ud655\uc7a5\uc138\ub294 \uc720\uc9c0\ud558\ub098 \ubaa8\uba58\ud140 \ub454\ud654. \ubcc0\ub3d9\uc131 \ud655\ub300 \ub300\ube44 VIX\u00b7SPY \uc635\uc158 \ud5e4\uc9c0, \uacbd\uae30\ubbfc\uac10\uc8fc \ucd95\uc18c\u00b7\ubc29\uc5b4\uc8fc \uc120\ud638, \uae08\ub9ac \ud558\ubc29\u00b7\ucc44\uad8c \uac15\uc138, \uc6d0\uc790\uc7ac \uc20f \uc804\ub7b5 \ubd80\uac01.<\/p>\n","protected":false},"author":87,"featured_media":50174,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[71],"tags":[],"class_list":["post-50652","post","type-post","status-publish","format-standard","has-post-thumbnail","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\/50652","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=50652"}],"version-history":[{"count":0,"href":"https:\/\/www.vtmarkets.com\/kr-asia\/wp-json\/wp\/v2\/posts\/50652\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.vtmarkets.com\/kr-asia\/wp-json\/wp\/v2\/media\/50174"}],"wp:attachment":[{"href":"https:\/\/www.vtmarkets.com\/kr-asia\/wp-json\/wp\/v2\/media?parent=50652"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.vtmarkets.com\/kr-asia\/wp-json\/wp\/v2\/categories?post=50652"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.vtmarkets.com\/kr-asia\/wp-json\/wp\/v2\/tags?post=50652"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}