SAMSUNG ELECTRONICS LTD

SK HYNIX INC

USD CASH

KRW CASH

HYUNDAI MOTOR

SK SQUARE LTD

KB FINANCIAL GROUP INC

Markets are treating geopolitical risks as background noise while riding an AI-driven capital spending supercycle. The S&P 500 approaches its longest weekly winning streak since 2023, with Treasury yields acting as the critical pressure valve. North Asian markets, particularly South Korea, Taiwan, and Japan, are emerging as AI infrastructure winners, while Southeast Asia lags due to energy vulnerability and currency weakness.

The Weekender: Memorial Day Melt-Up?

The article compares the current bull market to the late 1990s tech bubble, identifying five key differences: (1) better accounting quality today vs. the 1990s fraud era, (2) less retail euphoria despite strong semiconductor gains, (3) broader market diversification with international and emerging markets performing well rather than concentration in large-cap tech, (4) fewer IPOs compared to the 1990s tech craze, and (5) recent poor breadth in the market. The author notes sentiment around tech trading is more measured today, though warns that risk can emerge quickly as markets are powerful in both directions.

The Major Differences Between this Bull Stock Market and the Late 1990’s

The iShares MSCI South Korea ETF seeks to track the investment results of an index composed of South Korean equities.

EWY (EWY) Stock Price, Analysis & Trade Signals