Kospi up 78% and vol is chasing vol — this is not a strategy

Korea's Kospi is up 78% year-to-date. Implied volatility on the Kospi 200 and Taiex is climbing toward peaks even as the VIX slips below its one-year average. Strategists are openly trading 'vol up, spot up.' JPMorgan flagged that leveraged single-stock ETF AUM has surged to record levels and is amplifying moves. Cam's angle: when the playbook is 'chase the vol because the vol is chasing itself,' you are not doing fundamental analysis anymore. You are describing a momentum loop and calling it a strategy. Button: this ends the same way the 2021 meme-stock vol loop ended.

A sharp, specific take on a named market dynamic — 78% YTD, vol-up-spot-up framing, JPMorgan warning — delivered with the contempt Cam reserves for momentum dressed as analysis. Video format lands the deadpan close.

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