The word “Goldilocks” is meme-ing out in US markets right now. It’s a reference to how recent economic data has been neither too cold nor too hot. The labor market and consumer spending have been cooling lately, while inflation has remained relatively mild. For the purposes of keeping interest rates on hold, the recent figures
South Korea’s stock market was back in the red on Monday, extending a turbulent stretch after July’s historic selloff. On Monday, the country’s benchmark Kospi index closed 5% lower as index heavyweights Samsung Electronics and SK Hynix both ended 9% lower. The declines reversed part of Friday’s record rebound, when the Kospi surged 178% —