Explaining South Korea’s Stock Market Boom
The KOSPI, South Korea’s benchmark stock market index, nearly doubled during the first half of 2026, the largest increase in the world (Figure 1, Panel…
Provoking the Market: Investors More Worried about Washington’s Response than Pyongyang’s Provocations
Analysts have attributed recent market downturns to North Korean provocations, but investors seem to be reacting more negatively to responses from the Trump administration.