Offshore Money Is Pouring Into This Country At The Fastest Pace In 5 Years
What could go wrong?
Oh… right…
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‘Things Have Changed Dramatically’: Please Explain Why Markets Don’t Care About Nuclear War
“The market may think that it has history on its side (Chart 3), but the fact that North Korea has demonstrated that it now has the ability to strike the US and that Kim Jong-un appears to be a less rational player than his father and grandfather would suggest that the game may have changed dramatically.”
Asian Stocks Soar To 9-Year High: ‘The Bar Has Reopened And People Are Getting Drunk’
“It’s like the bar has reopened and people are coming back again for drinks,” BDO’s Jonathan Ravelas added. “There is no threat coming from inflation so the risk of another interest rate hike in the U.S. has diminished significantly.”
Because Nothing Says ‘Bullish’ Like Nuclear War…
Nothing says “buy, buy, buy” like a nuclear war, which is why it makes sense that the Kospi hit a record high intraday on Thursday after rising for third day in four. Earlier, the Bank of Korea kept rates on hold: Bank of Korea Keeps Interest Rate at 1.25% as Forecast Now I know you…
Fireworks: North Korea Launches “Anywhere” ICBM, Trump Ponders “Heavy Move,” Central Banks Ahoy!
There’s never a dull moment in a world that’s lost its mind. North Korea celebrated July 4 by launching what Pyongyang says was an intercontinental ballistic missile. The projectile, fired from the country’s western coast at 9:39am local time, flew for about 40 minutes and crashed landed into Japan’s EEZ. According to an “important announcement” (that’s…
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…
It’s Too Quiet: Except For China. And South Korea. And Collapsing Metals.
It’s Tuesday, and they’re voting in South Korea. There’s an annoying power vacuum over there at a precarious time. Here’s a deliberately deadpan rundown: Turns out the former president – Park Geun-hye – was bribing people and abusing her power and shit like that. She’s in jail and apparently is refusing to vote. So that’s fun. Turnout is…
