South Korean stocks experienced a sharp decline, with the Kospi index plummeting nearly 10% from its record high. Chip giants SK Hynix and Samsung Electronics led the sell-off as investors grew concerned about an overstretched rally. This downturn follows a period of strong gains, with market watchers now closely awaiting Micron Technology's earnings for insights into the semiconductor sector's health. Foreign investors offloaded significant holdings amid rising market volatility.
There have been several micro-crashes. There was one last autumn in the crypto space.
Hopefully regular people are given enough time when the bubble pops to maneuver, but there’s no guarantee. I’m just assuming there will be a coordinated effort among the Epstein Class when the crash becomes inevitable and they’ll exploit it while most retail investors lose everything.
Haha. No.
Who do you think is supposed to pay for this mess?
Yeah, I know. It’ll almost certainly be a quick, real-time crash that the Signal chatters in Washington had advanced warning about, and retail investors will listen to Jim Cramer telling them to keep investing and lose their hats in the process.