Crushed by Kospi rout, angry Koreans vow not to buy

South Korean retail investors experienced substantial losses in July's Kospi market reversal. Many traders are now vowing to avoid the Korean stock market altogether. The market experienced record circuit-breaker suspensions, reflecting extreme volatility. Government-introduced leveraged ETFs are blamed for amplifying these wild market swings. This period saw a dramatic unraveling after months of prior market optimism.