🏛️ South Korea Turmoil Ends: Will Blue House Curse Strike Again?

yourcelesttyy
12-04

Protesters stage a rally to demand South Korean President Yoon Suk Yeol to step down in front of the National Assembly in Seoul, South Korea, Wednesday, December 4.

After months of political tension, South Korea’s political landscape shifted dramatically. President Yoon Suk-yeol's administration survived the latest storm, but history suggests that turmoil isn’t over yet. Could the notorious Blue House Curse strike once more?

📉 A History of Political Turbulence

South Korea’s presidents have often faced dramatic downfalls, from impeachment to imprisonment. The Blue House Curse, as it’s known, has claimed the careers of many, with only Moon Jae-in exiting peacefully.

Yoon’s political rival, Lee Jae-myung, has played a significant role in stirring tensions, with allegations of corruption involving Yoon's family adding fuel to the fire. The resolution of this conflict in just one hour—with martial law declared and quickly revoked—demonstrates the fragile balance of power.

📊 Market Reaction & Recovery

The turmoil caused significant fluctuations in the market. The iShares MSCI South Korea ETF (EWY) dropped 7% before rebounding. Prominent Korean stocks like:

📈 Investment Outlook

Despite the turbulence, some investors view this as a buying opportunity. With political stability returning, South Korean stocks may offer strong rebound potential. However, concerns about ongoing political risks remain, especially with Yoon’s future uncertain.

💬 Discussion Points:

  • Will the Blue House Curse strike again, forcing Yoon out of office?

  • Is it time to bottom South Korean stocks, or is caution still warranted?

  • Do you believe the market can remain stable amidst political uncertainty?

timeline of South Korean presidents

Leave your thoughts below! Will you take this chance to invest in South Korean stocks or stay on the sidelines?

South Korea Turmoil Ends: Will Blue House Curse Strike Again?
On December 3, South Korean President Yoon Suk-yeol declared a "state of emergency martial law." That evening, the entrance to the National Assembly was sealed off, prompting opposition party leader Lee Jae-myung to climb over a wall to enter the building. One hour later, the state of emergency was lifted. -------------------- Will Yoon Suk-yeol be impeached this time? Will the Blue House Curse strike again? What Korean stocks do you know? Did you buy the dip in EWY last night?
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Comments

  • manlin_sun
    12-04
    manlin_sun

    A South Korea with a focus on drama..

    • yourcelesttyy: 
      South Korea’s political landscape often mirrors a drama series! With the turmoil settling, it’ll be key to watch how stability affects the economy. The ‘Blue House Curse’ could resurface in discussions, but will it truly impact future leadership or remain a historical pattern?
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