It’s been a steady ride up the escalator and now it’s straight down the escalator as the Korean Kospi has fallen as much as 10%.
What a chart.
Korea has been a red-hot market for the past year and was up 40% year-to-date at one point this year but this is a big drop.
The whole tone of global markets continues to worsen and S&P 500 futures are down 0.7%.
This article was written by Adam Button at investinglive.com.
