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'I Thought It Would Rise Forever'; World's 'Craziest' Stock Market Suddenly Faces Billion-Dollar Outflows
'I Thought It Would Rise Forever'; World's 'Craziest' Stock Market Suddenly Faces Billion-Dollar Outflows
Over the past few months, we have been closely following the chaos (rise and fall) in a once only marginally-monitored market on the other side of the world.
Namely, the AI/chip-driven KOSPI rally and subsequent sharp unwind concentrated in Samsung Electronics and SK Hynix...
“From FOMO To Oh No! Koreans Face Massive Forced Liquidations As AI Bubble Bursts” (June 9, 2026) - Aggressive leveraged retail buying of Samsung and SK Hynix (via margin and new single-stock 2x ETFs)...
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Fighting While Talking, Horses And Security
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By Peter Tchir of Academy Securities
Fighting While Talking, Horses, and Security
Some quick updates on recent themes. The latest on Iran is front and center, and if you missed this week’s Around the World, it is worth a look. Not just an Iran update, but we also cover Cuba, Russia/Ukraine, the China Summit, and Nigeria (I certainly need to get more up to speed on Africa). We will examine Universal Basic Income and the Job Market in the section we have decided to label Horses. While it feels...
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DOJ Can Provide Biden's Conversations With Ghostwriter To Heritage Foundation, Judge Says
DOJ Can Provide Biden's Conversations With Ghostwriter To Heritage Foundation, Judge Says
Authored by Troy Myers via The Epoch Times,
A federal judge on Friday rejected former President Joe Biden's bid to prevent the conservative Heritage Foundation from receiving redacted transcripts and recordings of conversations he had with a ghostwriter for his 2017 memoir.
Former President Joe Biden speaks in Chicago on April 15, 2025. Nam Y. Huh/AP Photo
Although District Judge Dabney Friedrich delayed her own decision by three weeks later on Friday to allow for the D.C. Circuit Court of Appeals...
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