MarketWatch
US · 49 mins ago
✦ 72◉ Centre
One quadrillion is the number used to describe the wealth effect of South Korea’s stock-market miracle
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Quality 72/100
Partisan intensity 35/100
ObjectivePartisan
◉ Centre ⚠ Misleading headline
South Korea's stock market has more than doubled this year, creating a potential wealth effect of up to KRW 43 trillion ($28 billion) for the population under optimistic projections.
One quadrillion is the number used to describe the wealth effect of South Korea’s stock-market miracle
Having more than doubled already this year, Korea’s stock market returns have driven a wealth effect that under an optimistic scenario could generate a wealth effect among the populace of KRW 43 trillion ($28 billion)
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