By one metric, Lee Jae Myung’s eight months as South Korean president have been a smashing success, with the stock market more than doubling on his watch.
Before Lee’s election in June, he ran on a Kospi 5,000 platform that struck many as fanciful. At that time, the benchmark was below 2,500.
Lee pledged to raise the index during his five-year term, and thanks to the global artificial intelligence boom, he achieved it in just over five months.
