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Ben Carlson, director of institutional asset management at Ritholtz Wealth Management, highlights that South Korea has outperformed the S&P 500 over the past ten years.
Carlson points out that all of this relative outperformance has occurred within the past year.
Carlson has previously raised questions about what higher long bond yields may indicate, ranging from potential debt risk to economic or yield curve normalization. He has also examined major market risks over the past century and discussed his perspective on recent financial history. These topics add context to his focus on South Korea's recent equity gains.