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KOSPI Bloodbath: Why the FRDM ETF is a Winner
Korea's KOSPI just had its worst day since 2024, down 7.2% in a single session. Samsung and SK Hynix got crushed, circuit breakers were triggered, and foreign investors dumped over $3 billion in Korean equities. We break down exactly why it happened and who is winning right now.
To understand today's selloff, you have to trace the full chain. US tariffs on China led to Beijing retaliating with refined rare earth export restrictions. The US captured Maduro in Venezuela. And now a full-scale war with Iran is threatening the Strait of Hormuz and spiking energy costs for the most energy-dependent…
The skinny
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