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Korea-U.S. stock correlation climbs to highest since July 2024, Kobeissi says

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Korea-U.S. stock correlation climbs to highest since July 2024, Kobeissi says

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The 60-day correlation between South Korea's KOSPI and the Nasdaq 100 (COMP:IND) has climbed to 0.46, the highest level since July 2024, as the two markets become increasingly synchronized, according to The Kobeissi Letter.

The latest reading marks a sharp reversal


Source: Seeking Alpha — This article was automatically imported from the source. Read full article at original source →

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