Serenity
2026.03.23 08:57

One of the most brutal wipeouts occurred in Asian markets today.

China's stock market: -3.63%

Korea's (KOSPI / $ISHRS MSCI S Korea Capped(EWY.US)) stock market: -6.49%

Japan's (Nikkei) stock market: -3.48

However if you look at Israel's Ta-125 stock market?

+11.25% YTD and +67.21% 1Y.

The US $SPDR S&P 500(SPY.US) is down ~5% YTD, but faring better than their Asian counterparties.

This data is very interesting since markets, not headlines, are usually the best largest indicators of:

Winners and Losers of War.

Especially with the ongoing energy conflict with the War in Iran.

Source: Serenity

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