🤔KOSPI 9,300 → 6,300, the beginning of the Korean version of the lost 30 years? (Ken Fisher) source
🤔KOSPI 9,300 → 6,300, the beginning of the Korean version of the lost 30 years? (Ken Fisher) source Ken Fisher's answer is clear. Comparing this decline to Japan's Nikkei's generational peak in 1989 is excessive. 1. The Korean stock market is actually two stocks and a long tail. The structure is such that two large companies, Samsung Electronics and Hynix, control the index, and the remaining stocks follow. The movements of the two stocks are bound to be amplified by a sharp rise and fall of the entire market. 2. Therefore, the rapid adjustment over the past two months does not necessarily m…
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