Goldman just slashed their Kospi target by 25%.
That's not a trim. That's a statement.
South Korea's been caught in the crossfire — weak semiconductor demand, China slowdown, and won weakness making things messier. The Kospi's already been underperforming most Asian indices this year.
When a major bank cuts that aggressively, it's worth watching how foreign flows react. Korean equities have been a favorite for global allocators, but sentiment's shifting.
If you're tracking Asia exposure or semis, this matters.
That's not a trim. That's a statement.
South Korea's been caught in the crossfire — weak semiconductor demand, China slowdown, and won weakness making things messier. The Kospi's already been underperforming most Asian indices this year.
When a major bank cuts that aggressively, it's worth watching how foreign flows react. Korean equities have been a favorite for global allocators, but sentiment's shifting.
If you're tracking Asia exposure or semis, this matters.
