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KOSPI crashes 28.5 percent from its high, Keith McCullough notes

KOSPI crashes 28.5 percent from its high, Keith McCullough notes
KOSPI falls sharply in South Korea

Keith McCullough, founder and CEO at Hedgeye Risk Management, reports that South Korea's KOSPI stock index has continued its decline, dropping another 4.5 percent overnight.

The KOSPI is now down 28.5 percent from its previous high, with the semiconductor sector experiencing particularly sharp losses.

McCullough previously said he kept his DRAM position at the minimum size, opting not to increase exposure to the sector’s volatility. He has also described financial engineering as a major scam and alleged that CNBC played a key role in supporting such practices. These remarks follow his ongoing commentary on market movements and risk strategies.

This material may contain third-party opinions, none of the data and information on this webpage constitutes investment advice according to our Disclaimer. While we adhere to strict Editorial Integrity, this post may contain references to products from our partners.

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