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What Happens When Greed Turns Into Panic? (Mountain Hike with Mike)

The KOSPI Is Now Down 30%, Is The S&P Going To Follow?

The South Korean KOSPI is in freefall, down 30% in a single month, with its chart over the past year looking remarkably similar to the profile of the hills I am currently hiking. Like myself, many American’s are on summer break, meaning the S&P has an eerie calm to it. Despite what is happening further afield.

But the stories coming out of the country o…

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