I thought they were dependent on oil and other exports coming out of Hormuz? Why is Hormuz being closed so bullish for them? Korea and Japan indices are up +100% over the last year and barely blinking at the Iran war.Is the easiest short setup in history?
>>62142854>what explains thisMoney is looking for safe havens. The definition of what is a "safe" haven is changing. That is what is happening. It's a big deal.
>>62142890So how are Japan and Korea considered safe havens? Wouldn't US/Canada/China be the obvious choices? Or gold even
>>62142890What's the new safe havens?
>>62142965Xrp
>>621428544chan and reddit oil traders = stupid people >>62142890those markets have strong companies that are growing earnings during this AI capex boom
>>62142963>>62142965If you are Japanese or Korean the safe haven is keeping your money in Japan or Korea.
>>62142991As opposed to where.. the GCC? Where is all this money coming from, and why would they put it into Korean and Japanese stocks (who'd I'd expect to have a bearish outlook due to import shortages) as opposed to US or Canadian stocks?
>i dont understand isnt everything about oil?>shouldnt markets be at zero?
>>62143038I'm not saying they should be at 0, I'm asking why they're at ATH lol
>>62143026You struggle with reading comprehension. The trick is to read the actual words instead of adding your own background mental commentary to your interpretation.
>>62143105Lol what, you said Japanese and Korean people are using their own stock markets as safe havens. I asked where are they moving their money from (unsafe markets = ?) and why would they consider Japan and Korea safer than other alternatives like USA. No issue comprehending
>>62143430It's safer because it is domestic and under their own control. That is what is changing here - having your money outside of your own jurisdiction is becoming very risky. If you had your money in the UAE or US treasuries or some analogue like Europe or Switzerland it used to be very safe. Today? LMAO. The international system is clearly breaking down. In such times you need to be within your own jurisdiction or in something that is international but does not depend upon that international system, such as Bitcoin (also going up right now).
>>62142854As some one who actually keeps up with Asian markets, it's because both countries are critical to AI build out. SK has Samsung and sk hynix, both have a forward pe of 5 because all AI money ends up buying their memory chips, micron is a beta play compared to the real memory makers. Japan on the other hand supplies materials to make those chips to Samsung and TSMC. Institutions LOVE them and were absolutely pouring money into them over the last year which contributed to the pump.You are right that they were dependent on the oil, their entire markets crashed 8-10% multiple days as you can see on your graph since March, they wouldn't been much higher otherwise>>62143430Disregard that retard, you are actually correct, Japan and Korea are opposite of a safe haven, Korea especially is like a crypto casino due to government policies and encouragement of leverage and the ban on shorts. JP Morgan said capitals were flee from both markets into China a couple weeks ago
>>62143617Large money flows are often driven by fear. War and chaos when the Empire is tossing the salad of one of the core resource regions generates a lot of fear. If you had big investments in Dubai for example those are looking for foolish right now. That is why many logical investors retreat to domestic markets. You correctly identify that the money is going into the better assets in those markets, the ones with growth potential. Of course they are, but they worked from a list of DOMESTIC options first and picked the best ones. They didn't choose Sk Hynix over Intel.The capital JP Morgan is talking about is American/European/Arab capital. If that is fleeing but assets in SK and Japan are still climbing whose money do you think is causing that?A big part of this is exchange rate speculation. The relative stability in exchange rates between currencies is over and people looking ahead 2-5 years understand that this is a major risk that has to be mitigated. Keeping your cash denominated in the same currency you live under while you work out how the future looks for exchange rates is a safe move.
>>62143640>Keeping your cash denominated in the same currency you live under while you work out how the future looks for exchange rates is a safe move.So keep holding silver and gme, and buy more Iraqi Dinar (IQD), GOT IT BOSS.
>>62143934>suggests keeping money in one's own currency is a safe play during exchange rate fluctuation era>retard makes Iraqi Dinar jokesdo they pay you to be dumb?
>>62142854Probably because Japan will soon be forced to hyper inflate their currency due to their bond crisis, and people are trying to either protect their cash or front-run the gains.
>>62142963People are running from USD as the risk of collapse increases it’s only natural and it’s all on a gradient / spectrum, if risk goes up 1% some portion of money flows out to maintain an optimal risk adjusted portfolio
control+f catalogue “/sifm/“ it will all be explained in due time
>>62146083>People are running from USD as the risk of collapse increaseskekthere are no other world currency that can be used as the reserve currency currently and 99% in the futurethe korean won and the yen both have insane devaluations, it is just locals being forced to participate in the stock market having realized it finally after ages
>>62146089I’m just telling you what JPM’s Chief Investment Officer said here a couple days agohttps://m.youtube.com/watch?v=mDdcb1xp-Js
>>62146095I dont care about some clueless bankerJ Pow doesn't agree with this
>>62146097Jpow is out in the near future and the market is pricing in that uncertainty as increased risk so capital finds risk adjusted equilibrium by flowing away from the elevated risk
>>62142854I can't text in chess appWhy?
>>62142854valuation in meme currencies, if you convert this chart to measure in gold, you will see that Japan stock market was going down for 30 years
>>62145291You'll be okay bud>Joke
>>62142854i dont know about japan, but south korea is just the memory pump with samsung and sk hynix
>>62143617>Korea especially is like a crypto casino due to government policies and encouragement of leverage and the ban on shortsThis guy knows what's up. The South Korean government is doing everything in its power to keep the stock market bubble up. It's the only thing the government has to keep approval rates up, so it's knee deep in involvement of keeping stocks up. It's artificial as fuck. In the streets of seoul you can see ruling party ads celebrating "ALL TIME HIGH KOSPI LEVELS!!!"
>>62150820The South Korean government passed a new law that lets minority shareholders sue corporation directors/CEOs that let their stocks drop too much. It's like a "shareholder protection law" South Korea also recently added a tax incentive for those that sell US stocks and buy local Korean stocks.It's a massive, scary bubble in Korea.
>>62150837>In the streets of seoul you can see ruling party ads celebrating "ALL TIME HIGH KOSPI LEVELS!!!"If you don't believe me here is proof. This photo is from 2 months ago. It's a ruling party politician with an ad saying "DREAM COME TRUE: KOSPI BREAKS 5000!!"Woohoo stocks are high but life still sucks for most people. It's pathetic.
>>62150837And like that other anon said, South Korea banned shorts last year
In conclusion:South Korean stocks may be the trigger of the next Asian financial crisis
>>62142854They are gonna be bases for America's privateer/pirate navy, which should stimulate their economies.
