Korean stocks plunge over 20% from their peak, set to enter a technical bear market
Golden Ten Data reported on July 8 that leveraged ETFs amplify two-way volatility, further intensifying market fluctuations. The current increase in volatility is largely due to fundamental uncertainties. AI-driven semiconductor demand is indeed strong, but this demand is actually supported by approximately $1 trillion in capital expenditures controlled by only a handful of major technology companies. If this chip spending proves unsustainable, there will be downside risks.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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