Pieter Stalenhoef is a Boston based financial investment analyst who is currently working for Wells Fargo as an equity analyst. In this position, Pieter works on the firm's Global Opportunities Fund and also works with the international team of the firm in order to maintain a close watch on the market developments worldwide.
According to Pieter Stalenhoef, the major bright spot in the South Korean market is the improved transparency provided by a newly implemented external audit law. In addition to that, the president Moon Jae-in has also been pursuing more active fiscal properties which are helping increase national debt but are likely to have a payoff in increased business activities.
A number of issues had earlier been affecting the economic situation including the fact that Korea's export-driven economy is being slowed down by escalation of the US-China trade war. Another unofficial barriers was China making an informal ban of television appearances and group tour packages by Korean celebrities.
About Pieter Stalenhoef
Pieter Stalenhoef is an aspiring chef who is currently working for Wells Fargo as an equity analyst where he covers publicly traded companies in three sectors – media, consumer, and healthcare. He is a Bachelor in Business Administration from the University of Vermont and a Master of Investment Management from Boston University. He has been a member of the Boston Security Analysts Society for more than 18 years now. In addition to that, Pieter has also made an appearance on Barron's magazine for his interviews about Femsa, a Mexican convenience store chain, and MBT, a Russian telecom company.