Goldman Sees "Buying Opportunities" In South Korean Stocks After Martial Law Turmoil
President Yoon Suk Yeol declared emergency martial law on Tuesday night, only to be rejected by South Korea's National Assembly hours later. This marks the largest flare-up in political turmoil in South Korea since full-scale martial law was declared in the spring of 1980.
Making sense of this all is Graham Ambrose, managing director of Goldman Sachs' equity franchise sales team in London, who told clients there could be "buying opportunities in Seoul in coming days."
Let's begin with Ambrose's breakdown of the midnight events that unfolded in Seoul: