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KOSPI resumes decline and is down 39.1% from its peak, Keith McCullough notes

KOSPI resumes decline and is down 39.1% from its peak, Keith McCullough notes
KOSPI down 3.7%, extends decline from peak

The KOSPI index fell another 3.7% overnight, closing below last week’s lows and marking a total decline of 39.1% from its recent peak.

Keith McCullough, founder and CEO of Hedgeye Risk Management, reported the latest figures and described the current downturn as a resumption of the AI-related bubble crash.

McCullough previously reported a 3.6 percent overnight decline in Indonesia's stock market, with losses reaching 22.4 percent over the last month, in his coverage of the Indonesian market crash. He has also advised investors on incremental hedging strategies and the importance of timing when managing risks, according to his earlier remarks on hedging approaches. These updates provide further context for his ongoing market commentary.

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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