Jun 12, 2018

The markets are treading water on the day of the North Korea agreement

This undated picture released from North Korea's official Korean Central News Agency in 2014 shows North Korean leader Kim Jong Un, front left, inspecting the command of Korean People's Army. KNS/AFP/Getty Images

(Markets Edition) Despite a headline-heavy week, with President Trump meeting North Korean leader Kim Jong-un, the markets haven't been moving all that much. We'll discuss why the historic summit hasn't really affected them, and then we'll chat with Leon Sigal, director of the Northeast Asia Cooperative Security Project, about Kim Jong-Un's goals during the talks. It turns out that North Korea's relationship with the U.S. may not be about aid or investment. Today’s podcast is sponsored by Abby Connect (abbyconnect.com/morning) and Indeed (Indeed.com/marketplace). (06/12/2018)

Segments From this episode

Why North Korea's priority isn't its underdeveloped economy

by David Brancaccio and Daniel Shin

Jun 12, 2018

North Korea's relationship with the U.S. is not about "aid or even investment," according to Leon Sigal, director of the Northeast Asia Cooperative Security Project at the Social Science Research Council.

North Korea's leader Kim Jong Un and U.S. President Donald Trump sign documents as U.S. Secretary of State Mike Pompeo (R) and Kim Jong Un's sister, Kim Yo Jong, look on at a signing ceremony during their historic U.S.-North Korea summit.

SAUL LOEB/AFP/Getty Images

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(Markets Edition) Despite a headline-heavy week, with President Trump meeting North Korean leader Kim Jong-un, the markets haven’t been moving all that much. We’ll discuss why the historic summit hasn’t really affected them, and then we’ll chat with Leon Sigal, director of the Northeast Asia Cooperative Security Project, about Kim Jong-Un’s goals during the talks. It turns out that North Korea’s relationship with the U.S. may not be about aid or investment. Today’s podcast is sponsored by Abby Connect (abbyconnect.com/morning) and Indeed (Indeed.com/marketplace). (06/12/2018)