Hi everyone
Not sure there is already a topic on this forum about this, however the South Korean market crashed a few days ago? Peculiar setup, however there is a risk that could happen also in the US. Link to a video that explains the fact: https://www.youtube.com/watch?v=hy90LdpEUvQ.
What are you thoughts?
Thank you
Don
Not really surprising when Samsung and SK Hynix went crazy on AI and then everybody decided that jumping onto leveraged ETFs was the sensible thing to do.
I heard some crazy statistic about the number of accounts getting margin called…
I like Patrick Boyle’s video about it: https://www.youtube.com/watch?v=nJtL9MBVj48
I don’t think it is what would happen in the US. For once, it’s less concentrated even if tech heavy. Then, leverage is probably better watched over and insitutional investors are more represented.
For the record, I still expect a major drawdown at some point, which might be tomorrow (or in 10 years, market irrationality and all that).