Asia’s AI Bubble Just Blinked - Spillovers Coming Fast?

Shaking it hard

KOSPI, one of the poster childs of the AI bull, has been on fire, producing amazing gains in a rather low volatility fashion, up until recently. Lately volatility has entered this space. The last upside panic reversed aggressively, and we got some violent down days, and above all massive volatility. You watch these type of transformations closely, irrespective if you trade the KOSPI or not. Note the index is down to the 21 day, while the 50 day remains way lower.