Fund Managers are now sitting on the lowest cash allocation in history 🚨
Source: BofA
Foreign funds have now pulled $100B from Korean local stocks this year
Source: David Ingles @DavidInglesTV Bloomberg
🚨 BLOODBATH continues in South Korean and Japanese markets.
Over $400 BILLION has been wiped out from South Korean and Japanese stock markets today as the sell-off in semiconductor and tech stocks continues. South Korea's KOSPI closed down -5.35%, wiping out ₩326,350,000,000,000 ($219 BILLION). Japan's NIKKEI closed down -2.11%, wiping out over ¥30,173,000,000,000 ($184 BILLION). Over $850 BILLION has been wiped out from both markets in just two days. Source: Bull Theory @BullTheoryio
Deutsche Bank: "Memory is a broken market even if it has come off its highs... expect all your consumer electronic prices to soar"
Source: zerohedge
BREAKING: Korea Exchange briefly halted program selling as KOSPI crashed -5.7%.
Samsung and SK Hynix, which together make up 50% of the index, fell -6% and -4.5%. Source: Bull Theory
The Dow crossed above 53,000 yesterday for the first time, its 5th 1,000-point milestone of the year.
Source: Charlie Bilello
Cracks are widening in the $2 trillion private credit market.
Blue Owl Capital has fallen 56% over the past year, significantly underperforming major private credit peers. The decline reflects rising investor concerns, as redemption requests at its two largest private credit funds reached $4.7 billion in Q2, exceeding quarterly withdrawal limits. Its technology-focused fund faced particularly heavy pressure, with 38% of investors seeking to exit. The trend extends across the private credit industry, where record redemption requests totaled $15.6 billion in Q2, but only 38% were met, leaving $9.7 billion outstanding. These developments highlight growing liquidity risks, suggesting private credit may be entering its most challenging stress test yet. Source: Global Markets Investor
Here are the top 10 most valuable European private tech firms, that are yet to be acquired or go public
Data as of 29 June 2026 Source: Sebastiaan Vaessen, X Multiples
