Market Briefing
Related markets
Reference news
AI Summary
Kiwoom Asset Management said on the 18th it is lowering the total expense ratio on the KIWOOM 200TR ETF from 0.012% to 0.010% per year, one of the lowest levels among domestic listed peers. The move extends the ongoing fee war in Korea's ETF market, where price competition on core KOSPI 200 exposure is the main tool for capturing long-horizon retail and pension flows, compressing manager revenue per won of AUM while marginally improving after-cost tracking for holders of the total-return index. Watch whether rival issuers match at or below 0.010% and whether the cut actually shifts net creations in KOSPI 200 trackers, since fee differences of 0.002% matter far less to flows than the index's own direction.
As a Market signal, watch whether it changes price action, volatility, or flows around KOSPI.
Original Source: 연합인포맥스
This page is market information analysis, not investment advice.
Influencer Threads
The author opens a thread on the March 19, 2023 failure of Credit Suisse, noting the 167-year-old bank that survived two world wars and the 1929 crash collapsed after a comment from its largest shareholder, was acquired by UBS for a fraction of its Friday price, and saw 17 billion dollars of bondholder value wiped out. This is external-link style thread sharing that revisits a historical banking crisis rather than a current market call.
Crypto Wendy O says Jamie Dimon of JPMorgan Chase will be stepping down and claims two potential replacements could be classified as pro-crypto, framing this as a development for the week of June 26, 2026. This is the author's characterization; if accurate, a leadership change toward crypto-friendly candidates at JPMorgan would be the visible implication.
Dalio argues that employee turnover is costly and inefficient given the time it takes for people and organizations to get to know each other, and that both will evolve unpredictably. His view is that companies should hire people they want to share a long-term mission with, since great people will always be useful.
Ram Ahluwalia notes Micron shares jumped 18% in premarket trading after a blowout earnings report showing a 700% revenue surge driven by Nvidia-led DRAM demand, lifting the Nasdaq 2%. He says the key question is whether investors hold the gap or sell into the news, adding that analysts view Micron as a dominant, high-value semiconductor play versus peers.
More in Market
Dow Sheds 450 Points as 10-Year Treasury Yield Touches 5%
Brent Jumps to $108 on Saudi Pipeline Shutdown Supply Fears
Saudi Arabia's Hormuz-Bypass Pipeline Halted, Crude Spikes
Saudi Arabia Halts Hormuz-Bypass Pipeline, Lifting Crude Risk Premium
Saudi pipeline outage drags on, crude breaks above $108
