Welcome To The Ultimate K-Shape
Splitting into two
If you ever wanted to see what a true K-shaped market looks like, look no further than Korea. Nearly every major chart is showing a different divergence. The KOSPI is ripping higher while the won weakens. Foreigners are dumping stocks and buying bonds. Semiconductor earnings are entering escape velocity while large parts of the economy barely participate. Retail leverage is exploding and ETF flows are beginning to resemble casino dynamics. Here are the K-shaped charts you need to see.