Because Nothing Says “Bullish” Like Nuclear War…

South Korea’s KOSPI index rose for a sixth day to yet another record as inflows accelerated on Friday. Foreign investors’ net buying this week rose to W0.5trn from W0.2trn in the previous week.

Consumer sentiment rose to 108 in May from 101.2 in April – that’s the highest level in more than three years.

It certainly seems like a whole lot of people are optimistic about the prospects for new President Moon Jae-in (also known locally as “Moon-bama“), or else people really aren’t as concerned as they say they are about the boy king in Pyongyang.

Either way…

Kospi

KOSPIREbased

FlowsSouthK

**********

Or, put differently…

confused

 

 

Advertisements

One thought on “Because Nothing Says “Bullish” Like Nuclear War…

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s