South Korea's Political Drama Is an Investment Opportunity
Political upheaval in Asia's fourth-largest economy will actually prove a boon for its prospects, boosting this exchange-traded fund.
Sometimes, political turmoil is a gift for investors. Case in point: The ouster last Friday of South Korea's corrupt president is a positive development for the country's economy. South Korea's main opposition Democratic United Party is on the cusp of reclaiming the presidency, with the historic court ruling on Friday that unseated its conservative rival President Park Geun-hye. Park had been impeached in a corruption scandal involving "chaebol," the family-run conglomerates that dominate Korea's economy.
This article was written by a staff member of TheStreet.
