{"id":10390,"date":"2025-11-21T18:51:25","date_gmt":"2025-11-21T21:51:25","guid":{"rendered":"https:\/\/hanin.org.ar\/?p=10390"},"modified":"2025-11-21T19:22:02","modified_gmt":"2025-11-21T22:22:02","slug":"%ec%98%a4%eb%8a%98%ec%9d%98-%ea%b2%bd%ec%a0%9c11%ec%9b%94-21%ec%9d%bc-2","status":"publish","type":"post","link":"https:\/\/hanin.org.ar\/?p=10390","title":{"rendered":"\uc624\ub298\uc758 \uacbd\uc81c(11\uc6d4 21\uc77c)"},"content":{"rendered":"\n
\"\"<\/figure>\n\n\n\n

\uc624\ub298\uc758 \uacbd\uc81c<\/p>\n\n\n\n

    \n
  1. \uacbd\uc81c\ubd80\ub294 \uc774\ubc88 \ub2ec \ub9c8\uc9c0\ub9c9 \ucc44\uad8c \uc785\ucc30\uc744 \uc900\ube44 \uc911\uc774\ub2e4.
    \uacbd\uc81c\ubd80\ub294 \ub2e4\uc74c \uc8fc \uc774\ubc88 \ub2ec \ub9c8\uc9c0\ub9c9 \ud398\uc18c \ud45c\uc2dc \ucc44\uad8c \uc785\ucc30\uc744 \uc9c4\ud589\ud560 \uc608\uc815\uc774\ub2e4. \ubaa9\ud45c\ub294 \uae08\ub9ac\ub97c \uacc4\uc18d \uc778\ud558\ud558\uba74\uc11c \ub3d9\uc2dc\uc5d0 \ub9cc\uae30 \uad6c\uc870\ub97c \ub354 \uae38\uac8c \ub298\ub9ac\ub294 \uac83\uc774\ub2e4.
    \uc624\ub294 26\uc77c(\uc218)\uc5d0\ub294 \uc774\ubbf8 \uc911\uc559\uc740\ud589\uc774 \ubcf4\uc720\ud558\ub358 \uc57d 2\uc870 \ud398\uc18c\ub97c \uc0ac\uc804\uc5d0 \uad50\ud658\ud55c \ub4a4, \ucd94\uac00\ub85c 16.5\uc870 \ud398\uc18c\ub97c \ub864\uc624\ubc84\ud574\uc57c \ud55c\ub2e4.
    \uc774\ubc88 \uc785\ucc30\uc5d0\uc11c \uc7ac\ubb34\ubd80\ub294 10\uac1c\uc758 \uc0c1\ud488(\ub808\ud0c0, \ubcf8\ub4dc, \ub2ec\ub7ec \uc5f0\ub3d9 \ucc44\uad8c \ub4f1)\uc744 \uc81c\uc2dc\ud560 \uc608\uc815\uc774\uba70, \ub9cc\uae30\ub294 2026\ub144 2\uc6d4~2027\ub144 4\uc6d4 \uc0ac\uc774\ub2e4.
    \uc815\ubd80 \uc804\ub7b5\uc740 \ub2e8\uae30 \ub9cc\uae30 \uc9d1\uc911\uc744 \ud53c\ud558\uace0, \ud544\uc694 \uc2dc \uc678\ud658 \uc21c\ub9e4\uc785\uc744 \uc704\ud55c \uc5ec\uc720 \uc790\uae08\uc744 \ud655\ubcf4\ud558\ub294 \ub370 \uc788\ub2e4.
    \uc989, \ub9cc\uc57d \uc7ac\ubb34\ubd80\uac00 \ubc1c\ud589\uc744 \ud1b5\ud574 \ub2ec\ub7ec\ub97c \uc0ac\ub4e4\uc5ec\uc57c \ud558\ub294 \uc0c1\ud669\uc774 \uc624\ub354\ub77c\ub3c4, \uac19\uc740 \uc2dc\uc810\uc5d0 \ub9cc\uae30 \ubb3c\ub7c9\uc774 \ubab0\ub824 \uacfc\ub3c4\ud55c \ud398\uc18c \uacf5\uae09\uc774 \ubc1c\uc0dd\ud574 \uc2dc\uc7a5 \uc548\uc815\uc774 \ud754\ub4e4\ub9ac\ub294 \uac83\uc744 \ubc29\uc9c0\ud558\ub824\ub294 \uac83\uc774\ub2e4.
    \uc81c\uacf5\ub420 \uc0c1\ud488\uc5d0\ub294 LECAP, BONCAP, LECER, BONCER, LETAMAR \ub4f1\uc774 \ud3ec\ud568\ub41c\ub2e4.
    \ub864\uc624\ubc84\ub97c \ucd09\uc9c4\ud558\uae30 \uc704\ud574, \uacbd\uc81c\ubd80\ub294 \ubcc0\ub3d9\uae08\ub9ac \ucc44\uad8c\uc73c\ub85c\ub3c4 \uc9c0\uae09\uc900\ube44\uae08\uc744 \ucda9\uc871\ud560 \uc218 \uc788\ub3c4\ub85d \ud5c8\uc6a9\ud558\ub294 \uaddc\uc815(\uc6d0\ub798 11\uc6d4 28\uc77c \ub9cc\ub8cc \uc608\uc815)\uc744 2025\ub144 3\uc6d4 31\uc77c\uae4c\uc9c0 \uc5f0\uc7a5\ud588\ub2e4.
    \ud55c\ud3b8 \uc911\uc559\uc740\ud589(BCRA)\uc740 \uc774\ub97c \uc9c0\uc6d0\ud558\uae30 \uc704\ud574 \ucd94\uac00 \uc870\uce58\ub97c \ucde8\ud588\ub2e4.
    \uc911\uc559\uc740\ud589\uc740 \uc694\uad6c\ubd88 \uc608\uae08\uc5d0 \uc801\uc6a9\ub418\ub358 \ucd94\uac00 \uc9c0\uae09\uc900\ube44\uae08 3.5%\ub97c \ud3d0\uc9c0\ud558\uace0, \ud604\uae08 \ucd5c\uc18c \ubcf4\uc720\ube44\uc728 \uc694\uac74\uc744 95%\uc5d0\uc11c 75%\ub85c \uc644\ud654\ud574
    \uae08\uc735 \uc2dc\uc2a4\ud15c \ub0b4 \uc720\ub3d9\uc131\uc744 \ub298\ub838\ub2e4.
    \uc720\ub3d9\uc131\uc774 \ub298\uc5b4\ub098\uba74 \uc7ac\ubb34\ubd80\uac00 \ub354 \ub098\uc740 \uc870\uac74\uc744 \uc81c\uc2dc\ud558\uba70 \ud22c\uc790\uc790\ub4e4\uc758 \ub864\uc624\ubc84 \ucc38\uc5ec\ub97c \uc720\ub3c4\ud560 \uc218 \uc788\uc744 \uac83\uc73c\ub85c \uae30\ub300\ub41c\ub2e4.
    \uad81\uadf9\uc801 \ubaa9\ud45c\ub294 \ub192\uc740 \ub864\uc624\ubc84\uc728 \uc720\uc9c0\uc774\uba70, \uc774\ub97c \ud1b5\ud574 \uc7ac\ubb34\ubd80\uac00 \uc911\uc559\uc740\ud589\uc5d0 \uc313\uc544\ub454 \ud398\uc18c\uc640 \ub2ec\ub7ec\ub97c \uc870\uae30 \uc18c\uc9c4\ud558\uc9c0 \uc54a\ub3c4\ub85d \ud558\ub294 \uac83\uc774\ub2e4.<\/li>\n\n\n\n
  2. \uc911\uc559\uc740\ud589, \ub2e4\uc2dc \uae08\ub9ac \uc778\ud558
    \uc911\uc559\uc740\ud589\uc740 \ub610\ub2e4\uc2dc \ud558\ub8e8\uc9dc\ub9ac REPO (\ud658\ub9e4\uc870\uac74\ubd80\ucc44\uad8c) \ub2f4\ubcf4 \uae08\ub9ac\ub97c \uc778\ud558\ud574, \uae30\uc874 \uc5f0 22% \u2192 20% \uae08\ub9ac\ub85c \ub0ae\ucdc4\ub2e4.
    \uc774\ubc88 \uc870\uce58\ub294 26\uc77c \uc7ac\ubb34\ubd80 \uad6d\ucc44 \uc785\ucc30\uc744 \uc55e\ub450\uace0 \uc774\ub8e8\uc5b4\uc84c\uace0,
    \ub2e8\uae30 \ub2f4\ubcf4 \ub2e8\uae30 \ucc28\uc785 \uae08\ub9ac\uc5d0\ub3c4 \uc989\uc2dc \ubc18\uc601\ub418\uc5c8\ub2e4.
    \uc774\ub294 \uc815\ubd80\uac00 \uacbd\uc81c \uc548\uc815\ud654\u00b7\uc2e0\uc6a9 \ud68c\ubcf5\u00b7\uacbd\uc81c \ud65c\ub3d9 \ubd80\uc591\uc744 \ub178\ub9ac\uace0 \ucd94\uc9c4 \uc911\uc778 \uc885\ud569 \uc804\ub7b5\uc758 \uc77c\ubd80\ub2e4.
    \ud558\ub8e8\uc9dc\ub9ac \uae08\ub9ac\ub294 BCRA\uac00 \uc740\ud589 \uc720\ub3d9\uc131 \uc870\uc808\uacfc \ud1b5\ud654\uc2dc\uc7a5 \uc548\uc815\uc744 \uc704\ud574 \ub9e4\uc77c \uc0ac\uc6a9\ud558\ub294 \ud575\uc2ec \uc218\ub2e8\uc774\ub2e4.
    \uc774\ubc88 \uc778\ud558\ub294 \ud658\uc728 \uc548\uc815\uacfc \ucd5c\uadfc \uae30\uc5c5\u00b7\uc9c0\ubc29\uc815\ubd80\uc758 \ud65c\ubc1c\ud55c \ud574\uc678 \ubd80\ucc44 \ubc1c\ud589(\uc678\ud654 \uc870\ub2ec) \ud750\ub984 \uc18d\uc5d0\uc11c \uc774\ub8e8\uc5b4\uc84c\ub2e4.
    \ub2e8\uae30 \ucc28\uc785 \uae08\ub9ac\ub3c4 \uc6c0\uc9c1\uc600\uc73c\uba70, 5\uc77c\ubb3c \uae30\uc900 \uc544\ub974\ud5e8\ud2f0\ub098 \uc99d\uad8c\uac70\ub798\uc18c\uc5d0\uc11c\ub294 18.3%,
    5\uc77c\ubb3c \uc99d\uad8c\uc2dc\uc7a5 \uae30\uc900 25%\ub85c \ub9c8\uac10\ud588\ub2e4.
    \ub300\uc870\uc801\uc774\uac8c\ub3c4, \uc911\uac04\uc120\uac70 \uc9c1\uc804\uc5d0\ub294 \ub2e8\uae30 \uae08\ub9ac\uac00 \uc138 \uc790\ub9bf\uc218(100% \uc774\uc0c1)\uae4c\uc9c0 \uce58\uc19f\uc558\ub358 \ubc14 \uc788\ub2e4.
    \uc2dc\uc7a5\uc5d0\uc11c\ub294 11\uc6d4 26\uc77c \uad6d\ucc44 \uc785\ucc30 \uc804\uc5d0 \ucd94\uac00 \uae08\ub9ac \uc778\ud558 \uac00\ub2a5\uc131\uae4c\uc9c0 \uc608\uc0c1\ud558\uace0 \uc788\uc5c8\ub2e4.
    \ud558\uc9c0\ub9cc \uc774\ubc88 \uc870\uce58 \uc774\ud6c4 \ucd08\uc810\uc740 \uc2e4\uc9c8\uae08\ub9ac(\uba85\ubaa9\uae08\ub9ac \u2013 \uc778\ud50c\ub808\uc774\uc158) \ub9c8\uc774\ub108\uc2a4\uac00 \ub418\uc5c8\ub2e4.
    \uba85\ubaa9\uae08\ub9ac 20% \uc0c1\ud669\uc5d0\uc11c, \ubd84\uc11d\uac00\ub4e4\uc740 \uc608\uc0c1 \uc778\ud50c\ub808\uc774\uc158 \ub300\ube44 \uc2e4\uc9c8\uae08\ub9ac\uac00 \uc774\ubbf8 \ub9c8\uc774\ub108\uc2a4 \uc601\uc5ed\uc5d0 \uc9c4\uc785\ud558\uae30 \uc2dc\uc791\ud588\ub2e4\uace0 \uacbd\uace0\ud558\uace0 \uc788\ub2e4.<\/li>\n\n\n\n
  3. \uc815\ubd80 \ud658\uc728, 3\uc77c \uc5f0\uc18d \uc0c1\uc2b9
    \uc815\ubd80 \ud658\uc728\uc740 \uc774\ubc88 \ubaa9\uc694\uc77c \uc138 \ubc88\uc9f8 \uc5f0\uc18d \uc0c1\uc2b9\uc744 \uae30\ub85d\ud558\uba70 \uc810\uc9c4\uc801\uc778 \ubc18\ub4f1\uc744 \uad73\ud614\ub2e4. \ub3c4\ub9e4\uc2dc\uc7a5\uc5d0\uc11c\ub294 \ud658\uc728\uc774 1.3% \uc0c1\uc2b9\ud574 1,425\ud398\uc18c(\ud310\ub9e4 \uae30\uc900)\uc5d0 \ub9c8\uac10\ud588\ub2e4. \uae08\uc694\uc77c\uc774 \ube44\uadfc\ubb34 \uacf5\ud734\uc77c\uc774\uae30 \ub54c\ubb38\uc5d0 \uc774\ubc88\uc774 \uc8fc\uac04 \ub9c8\uc9c0\ub9c9 \uac70\ub798\uc77c\uc774\uc5c8\ub2e4.
    \ub2ec\ub7ec \uc120\ubb3c \uacc4\uc57d\ub3c4 \uac19\uc740 \ucd94\uc138\ub97c \ub530\ub974\uba70 \ucd5c\ub300 1.4%\uae4c\uc9c0 \uc0c1\uc2b9\ud588\ub2e4. \ub3c4\ub9e4 \ud658\uc728(\uc120\ubb3c \uae30\ubc18 \uae30\ub300 \ud658\uc728)\uc740 11\uc6d4 \ub9d0 1,430\ud398\uc18c, 12\uc6d4 1,469\ud398\uc18c \uc218\uc900\uc73c\ub85c \uc608\uc0c1\ub418\uace0 \uc788\ub2e4.
    \uae08\uc735 \ub2ec\ub7ec \uac00\uc6b4\ub370, MEP \ud658\uc728\uc740 1,452.76\ud398\uc18c,
    CCL \ud658\uc728\uc740 1,492.07\ud398\uc18c\ub85c \uac70\ub798\ub418\uc5c8\uc73c\uba70, \uac01\uac01 1.95%, 4.71%\uc758 \uac00\uaca9 \ucc28\uc774\ub97c \ubcf4\uc600\ub2e4.
    \uc678\ud658\uc2dc\uc7a5\uc5d0\uc11c \uc7ac\ubb34\ubd80\ub294 \ub9e4\uc785 \uc815\ucc45\uc744 \uc774\uc5b4\uac14\ub2e4.
    BCRA \uc790\ub8cc\uc5d0 \ub530\ub974\uba74 \uc9c0\ub09c \uae08\uc694\uc77c 9,700\ub9cc \ub2ec\ub7ec\ub97c \ub9e4\uc785, \uc774\ubc88 \uc8fc \ub204\uc801\uc73c\ub85c\ub294 1\uc5b51,700\ub9cc \ub2ec\ub7ec\ub97c \uc0ac\ub4e4\uc600\ub2e4. \uc2dc\uc7a5 \ucc38\uac00\uc790\ub4e4\uc740 BCRA\uac00 \uc774\ubc88 \uc8fc \ucd08\uc5d0\ub3c4 \uc57d 5,000\ub9cc \ub2ec\ub7ec\ub97c \ucd94\uac00 \ub9e4\uc785\ud55c \uac83\uc73c\ub85c \ubcf4\uace0 \uc788\ub2e4.
    \uc911\uc559\uc740\ud589 \ucd1d\uc7ac \uc0b0\ud2f0\uc544\uace0 \ubc14\uc6b0\uc2e4\ub9ac\ub294 \uc900\ube44\uae08 \ucd95\uc801 \uc18d\ub3c4\ub294 \uacbd\uc81c\uc758 \uc7ac\ud604\uae08\ud654 \uacfc\uc815(remonetizaci\u00f3n)\uc5d0 \ub2ec\ub824 \uc788\ub2e4\uace0 \ubc1d\ud614\ub2e4. \uadf8\ub294 \uc900\ube44\uae08 \uc99d\uac00 \uc790\uccb4\uac00 \ubaa9\ud45c\uac00 \uc544\ub2c8\ub77c \uacbd\uc81c \ud504\ub85c\uadf8\ub7a8 \uc131\uacf5\uc758 \uacb0\uacfc\ubb3c\uc774\ub77c\uba70, \ud658\uc728\uc744 \uc778\uc704\uc801\uc73c\ub85c \ub192\uc5ec \ub9e4\uc785\uc744 \uac15\uc81c\ud558\ub294 \ubc29\uc2dd\uc740 \uc548\uc815\uc131\uc744 \ud574\uce60 \uc218 \uc788\ub2e4\uace0 \uacbd\uace0\ud588\ub2e4.<\/li>\n\n\n\n
  4. \uc544\ub974\ud5e8\ud2f0\ub098 \uc8fc\uc2dd\uacfc \ucc44\uad8c\uc774 \ub2e4\uc2dc \ud558\ub77d\ud588\uace0, \uad6d\uac00\uc704\ud5d8\uc9c0\uc218\ub294 620\ud3ec\uc778\ud2b8\ub97c \ub118\uc5b4\uc130\ub2e4.
    \uc774\ubc88 \ubaa9\uc694\uc77c, \uc544\ub974\ud5e8\ud2f0\ub098 \uc8fc\uc2dd\uacfc \uad6d\ucc44\ub294 \uae00\ub85c\ubc8c \uae08\uc735 \ud658\uacbd \uc545\ud654 \uc18d\uc5d0\uc11c \ub610 \ud55c \ubc88 \ubd80\uc9c4\ud55c \ud558\ub8e8\ub97c \ubcf4\ub0c8\ub2e4. \uc6d4\uac00\uc5d0\uc11c \uac70\ub798\ub418\ub294 \uc544\ub974\ud5e8\ud2f0\ub098 \uc885\ubaa9\ub3c4 \ub300\ubd80\ubd84 \ud558\ub77d\ud588\ub2e4.
    \ub2ec\ub7ec \ud45c\uc2dc \uad6d\ucc44 \uc5ed\uc2dc \ud558\ub77d \uc555\ub825\uc744 \ubc1b\uc558\uace0, \uadf8 \uacb0\uacfc \uad6d\uac00\uc704\ud5d8\uc9c0\uc218\ub294 600bp\ub97c \ud6cc\uca4d \ub118\ub294 \uc218\uc900\uc73c\ub85c \ub9c8\uac10\ud588\ub2e4. JP\ubaa8\uac74\uc758 \uc9d1\uacc4\uc5d0 \ub530\ub974\uba74 \uc9c0\uc218\ub294 620bp\ub85c \uc885\ub8cc\ub410\ub2e4.
    \uc774\ub294 \uc815\ubd80\uac00 \uad6d\uc81c \ucc44\ubb34\uc2dc\uc7a5\uc5d0 \uc811\uadfc\ud558\ub824 \ud55c\ub2e4\ub294 \uc810\uc5d0\uc11c \ub354\uc6b1 \uc911\uc694\ud55c \uc9c0\ud45c\uc774\uba70, \uc9c0\uc218\ub97c 500bp \uc774\ud558\ub85c \ub0ae\ucd94\ub294 \uac83\uc774 \ud544\uc694\ud558\ub2e4\uace0 \ud3c9\uac00\ub410\ub2e4.
    \ub2ec\ub7ec \uad6d\ucc44 \uc911 \uac00\uc7a5 \ud070 \ud558\ub77d\ud3ed\uc740:
    Global 2046: \u20132.4%,
    Global 2038: \u20130.6%,
    Bonar 2035: \u20130.5%,
    Bonar 2038: \u20130.5%.
    S&P Merval \uc9c0\uc218\ub294 \uc7a5 \ucd08\ubc18 \ud50c\ub7ec\uc2a4\uc600\uc9c0\ub9cc \ucd5c\uc885\uc801\uc73c\ub85c 0.7% \ud558\ub77d, \uc77c\ubd80 \uc885\ubaa9\uc740 \ucd5c\ub300 12.7%\uae4c\uc9c0 \ub5a8\uc5b4\uc84c\ub2e4.
    \ub274\uc695\uc5d0\uc11c\ub294 \uc544\ub974\ud5e8\ud2f0\ub098 ADR \ub300\ubd80\ubd84\uc774 \ud558\ub77d\ud574 \ub099\ud3ed\uc774 8.5%\uc5d0 \ub2ec\ud55c \uc885\ubaa9\ub3c4 \uc788\uc5c8\ub2e4.<\/li>\n\n\n\n
  5. \uc5d0\ub108\uc9c0 \ubd80\ubb38\uc740 10\uc6d4\uc5d0 \ub450 \uac00\uc9c0 \uc5ed\uc0ac\uc801 \uae30\ub85d\uc744 \uc138\uc6e0\ub2e4.
    \uc544\ub974\ud5e8\ud2f0\ub098\ub294 10\uc6d4 \uc5d0\ub108\uc9c0 \ubd80\ubb38\uc5d0\uc11c \uc804\ub840 \uc5c6\ub294 \ub450 \uac00\uc9c0 \uc131\uacfc\ub97c \uae30\ub85d\ud588\ub2e4.
    \uc5ed\ub300 \ucd5c\ub300 \uc5d0\ub108\uc9c0 \ubb34\uc5ed\uc218\uc9c0 \ud751\uc790 \ub2ec\uc131\uacfc
    \uacf5\uc2dd \ud1b5\uacc4\uac00 \uc874\uc7ac\ud55c \uc774\ud6c4 \uac00\uc7a5 \ub192\uc740 \uc6d4\uac04 \uc11d\uc720 \uc0dd\uc0b0\ub7c9 \uae30\ub85d\uc774\ub2e4.
    \uc5d0\ub108\uc9c0\ubd80\ub294 \uc5d0\ub108\uc9c0 \ubd80\ubb38\uc774 \uacbd\uc81c \ud65c\ub3d9\uc758 \ud575\uc2ec \uc5d4\uc9c4\uc73c\ub85c\uc11c \uc810\uc810 \ub354 \uc911\uc694\ud55c \uc5ed\ud560\uc744 \ud558\uace0 \uc788\ub2e4\uace0 \uac15\uc870\ud588\ub2e4.
    1~10\uc6d4 \ub204\uc801 \uc5d0\ub108\uc9c0 \ubb34\uc5ed\uc218\uc9c0\ub294 60\uc5b5 6,800\ub9cc \ub2ec\ub7ec, 2024\ub144 \uc804\uccb4 \uc2e4\uc801(56\uc5b5 6,800\ub9cc \ub2ec\ub7ec)\uc744 \uc774\ubbf8 \ub118\uc5b4\uc130\ub2e4.
    \uc774\ub294 \uac00\uc2a4\u00b7\uc11d\uc720 \uc218\ucd9c \uc99d\uac00, \ube44\uc804\ud1b5(\uc170\uc77c) \uac1c\ubc1c \ud655\ub300, \uadf8\ub9ac\uace0 \uad6d\uc81c \uac00\uaca9 \ud658\uacbd \uac1c\uc120\uc774 \uc8fc\uc694 \uc694\uc778\uc774\ub2e4.
    10\uc6d4 \uc6d0\uc720 \uc0dd\uc0b0\ub7c9\uc740 \uc77c\uc77c \ud3c9\uade0 859,500\ubc30\ub7f4\ub85c, \uae30\ub85d\uc774 \uc874\uc7ac\ud55c \uc774\ub798 \uac00\uc7a5 \ub192\uc740 \uc218\uce58\uc600\ub2e4.
    \uc774\ub294 \ubc14\uce74 \ubb34\uc5d0\ub974\ud0c0(Vaca Muerta) \uac1c\ubc1c \uac00\uc18d\uacfc \ubbfc\uac04 \ubd80\ubb38\uc758 \ud65c\ub825 \uc99d\uac00, \uaddc\uc81c \ud658\uacbd \uc548\uc815\ud654 \ub4f1\uc774 \ubc18\uc601\ub41c \uac83\uc774\ub2e4.
    \uacf5\uc2dd \uc790\ub8cc\uc5d0 \ub530\ub974\uba74 \ub124\uc6b0\ucf00\uc778(Neuqu\u00e9n) \uc170\uc77c\uc9c0\ub300\ub294 \uc6d4\uac04 \uc0dd\uc0b0\ub7c9\uc758 3\ubd84\uc758 2, \uc989 567,500\ubc30\ub7f4\/\uc77c\uc744 \ucc28\uc9c0\ud588\ub2e4.
    \uc170\uc77c \uc911\uc2ec\uc9c0\uc778 \ub124\uc6b0\ucf00\uc778 \uc8fc \uc790\uccb4\ub3c4 587,190\ubc30\ub7f4\/\uc77c\ub85c \uc808\ub300 \uae30\ub85d\uc744 \uacbd\uc2e0\ud588\ub2e4.
    \ube44\uc804\ud1b5 \uc11d\uc720 \uac1c\ubc1c \ud655\ub300\ub85c \uae30\uc874 \uc7ac\ub798\uc2dd \uc6d0\uc720 \uac10\uc18c\ubd84\uc744 \ubcf4\uc644\ud558\uc5ec \uc544\ub974\ud5e8\ud2f0\ub098\ub294 118\ub144 \uc11d\uc720 \uc5ed\uc0ac\uc5d0\uc11c \ucd5c\uace0 \uc0dd\uc0b0\ub7c9\uc744 \ub2ec\uc131\ud588\ub2e4.<\/li>\n\n\n\n
  6. \ub450 \uac1c \uc8fc\uac00 \ub2e4\uc2dc \uad6d\uc81c \ubd80\ucc44\uc2dc\uc7a5 \ubcf5\uadc0\ub97c \uc900\ube44 \uc911\uc774\ub2e4.
    \uad6d\uac00\uc704\ud5d8\uc9c0\uc218 \ud558\ub77d\uacfc \uae00\ub85c\ubc8c \ud658\uacbd\uc774 \uc57d\uac04 \uac1c\uc120\ub418\uba74\uc11c, \ub450 \uc544\ub974\ud5e8\ud2f0\ub098 \uc8fc\ub294 \uba70\uce60 \ub0b4 \uad6d\uc81c\uc2dc\uc7a5\uc5d0 \ucc44\uad8c \ubc1c\ud589\uc744 \uc7ac\uac1c\ud560 \uacc4\ud68d\uc774\ub2e4.
    \u25cf \uc0b0\ud0c0\ud398(Santa Fe)\uc8fc
    12\uc6d4 \uccab\uc9f8 \uc8fc\uc5d0 7\uc5b5~10\uc5b5 \ub2ec\ub7ec \uaddc\ubaa8 \ucc44\uad8c \ubc1c\ud589 \uacc4\ud68d
    \ub274\uc695\u00b7\ub7f0\ub358 \uc2dc\uc7a5\uc5d0\uc11c \ubc30\uce58 \uc608\uc815.
    \ubaa9\ud45c: \uacbd\uc7c1\ub825 \uc788\ub294 \uae08\ub9ac\ub85c \ubbf8\ub798 \uc7ac\uc815 \uc758\ubb34 \ub300\uc751.
    \u25cf \ucf54\ub974\ub3c4\ubc14(C\u00f3rdoba)\uc8fc
    \uc5f0\uc911 \ubc1c\ud589\ud588\ub358 \ucc44\uad8c\uc744 \uc7ac\uac1c\ubc29(reopen) \uace0\ub824
    \ucd94\uac00 3\uc5b5 \ub2ec\ub7ec \uc870\ub2ec, \ucd1d 10\uc5b5 \ub2ec\ub7ec \ubaa9\ud45c.
    \uadf8\ub3d9\uc548 \uc720\uc77c\ud558\uac8c 2025\ub144\uae4c\uc9c0 \uc678\ubd80 \uc2e0\uc6a9 \uc811\uadfc \uc131\uacf5\ud55c \uc8fc\uc600\uc9c0\ub9cc \uc774\uc81c \ubd80\uc5d0\ub178\uc2a4\uc544\uc774\ub808\uc2a4\uc2dc(CABA)\ub3c4 \uc0c8\ub85c 8%\ub300 \uae08\ub9ac\ub85c \uc870\ub2ec\uc5d0 \uc131\uacf5\ud588\ub2e4.
    \ucf54\ub974\ub3c4\ubc14 \uc8fc\uc815\ubd80\ub294 \uad6d\ub0b4\uc2dc\uc7a5 \ubc1c\ud589\ub3c4 \uace0\ub824\ud558\uc9c0\ub9cc, \ub300\uc120 \uc774\ud6c4 \uae08\ub9ac \uc218\uc900\uc744 \ud655\uc778\ud55c \ub4a4 \ucd94\uc9c4\ud560 \ubc29\uce68\uc774\ub2e4.<\/li>\n\n\n\n
  7. \uc6d4\uc2a4\ud2b8\ub9ac\ud2b8\ub294 \uae08\ub9ac \uc778\ud558 \uae30\ub300 \ucd95\uc18c\uc640 \uc77c\ubd80 AI \uae30\uc5c5 \uc8fc\uac00 \ubd88\ud655\uc2e4\uc131\uc73c\ub85c \uae09\ub77d\ud588\ub2e4.
    \uc6d4\uc2a4\ud2b8\ub9ac\ud2b8\ub294 \ubaa9\uc694\uc77c \uae09\uaca9\ud788 \ubc29\ud5a5\uc744 \ubc14\uafb8\uba70 \ub300\ud3ed \ud558\ub77d\uc138(\u2018\uac15\ud55c \ube68\uac04\ubd88\u2019)\ub85c \ub9c8\uac10\ud588\ub2e4.
    \uadf8 \ubc30\uacbd\uc740 \ub2e4\uc74c\uacfc \uac19\ub2e4:
    \uc5d4\ube44\ub514\uc544(Nvidia) \ubc18\ub4f1\uc138 \ub454\ud654.
    \uc5f0\uc900\uc758 12\uc6d4 \uae08\ub9ac \uc778\ud558 \uac00\ub2a5\uc131 \ud558\ub77d.
    \uc778\ud50c\ub808\uc774\uc158 \uc9c0\uc18d\uc5d0 \ub300\ud55c \uc6b0\ub824.
    \uc0c8 \ub178\ub3d9\uc9c0\ud45c\uac00 \uc2dc\uc7a5 \uc2ec\ub9ac\ub97c \uc545\ud654.
    \uc774\ub0a0 \uc8fc\uc694 \uc9c0\uc218\ub294
    \ub2e4\uc6b0: \u20130.8%
    S&P 500: \u20131.6%
    \ub098\uc2a4\ub2e5: \u20132.2% \ud558\ub77d\ud588\ub2e4.
    \uc815\ubd80\uc758 \uc7a5\uae30 \uc167\ub2e4\uc6b4(\uc815\ubd80 \ud3d0\uc1c4) \uc5ec\ud30c\ub85c \uace0\uc6a9\ubcf4\uace0\uc11c \ubc1c\ud45c\uac00 \uc9c0\uc5f0\ub418\uc5b4 \uc9c0\ud45c \uc2e0\ub8b0\ub3c4\uac00 \ub5a8\uc5b4\uc84c\uace0, 12\uc6d4 \uc5f0\uc900 \uc774\uc0ac\ud68c\ub294 \ud3c9\uc18c\ubcf4\ub2e4 \uc801\uc740 \uc815\ubcf4\ub85c \uc9c4\ud589\ub420 \uc804\ub9dd\uc774\ub2e4.
    11\uc6d4 \uace0\uc6a9\ubcf4\uace0\uc11c\ub294 12\uc6d4 16\uc77c\ub85c \uc5f0\uae30\ub418\uc5c8\ub2e4.
    10\uc6d4 \uc758\uc0ac\ub85d\uc5d0\uc11c\ub294 \uc774\ubbf8 \uc5f0\uc900 \ub0b4\ubd80\uc758 \ud1b5\ud654\uc815\ucc45 \ubc29\ud5a5\uc5d0 \ub300\ud55c \uc758\uacac \ubd84\uc5f4\uc774 \uad00\ucc30\ub418\uc5c8\uc73c\uba70,
    \ucd5c\uadfc \uc9c0\ud45c\ub4e4\uc740 \ubd88\ud655\uc2e4\uc131\uc744 \ub354\uc6b1 \ud0a4\uc6b0\uace0 \uc788\ub2e4.<\/li>\n<\/ol>\n\n\n\n

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