It’s an absolute shit show politically but boy are there now some opportunities in the short to medium term.
Reuters reported that Finance Minister Choi Sang-mok and Bank of Korea Governor Rhee Chang-yong convened for urgent discussions overnight.
Apparently it’s been said that “We will inject unlimited liquidity into stocks, bonds, short-term money market as well as forex market for the time being until they are fully normalised.” We’ll see…