Korea Is Cheapest Market in Region, Says Nomura's McCafferty

The video discusses market valuations in Asia, highlighting Korea as the cheapest market due to poor corporate governance and political uncertainty from North Korea. The Kim-Trump meeting may reduce equity risk premiums, potentially boosting valuations. The Korean currency is strengthening due to economic performance and US interest rate hikes. Concerns remain about the financial implications of North Korea's reconstruction.

What implications does the meeting between Kim and Trump have for South Korea?

What concerns do currency markets have regarding North Korea's reconstruction?