Opinion: Why Seoul’s market rarely responds to threats
The latest exchange of artillery between the two Koreas is just the most recent in a long line of standoffs. The tension surrounding these incidents would be expected to damage market sentiment, yet history proves that it rarely budges, observes Chris Wright.
The exchange of fire between the North and South Korean military yesterday (November 23) has made market bears especially nervous.
It’s easy to see why: the Korean situation could easily escalate, and it’s natural that markets would underperform in the shadow of that uncomfortable prospect. Both world markets
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