AI, Banking Rules, and Systemic Risk: A Regulatory Warning
US banking agencies are reducing capital requirements, replacing stricter frameworks.
Seoul Trading Bottleneck: Chip Giants, Leveraged ETFs Amplify Risk
South Korea's market sees over 70% of trading in two chipmakers and related leveraged ETFs.
Market Leverage Hits Record, Systemic Risk Looms
Record market leverage, fueled by ETFs and retail speculation, creates systemic fragility.
The Long View: Leverage and Korean Contagion
Leveraged ETFs tracking Korean chipmakers liquidated $6 billion in shares this week. This mechanical unwind reveals a deeper market fragility.