Market Pays Attention to Federal Reserve Chairman Kevin Walsh’s Policy Function, Comparison Between Korea’s KOSPI Index and US Tech Stocks

Bitunix analysts pointed out that market focus has shifted to Federal Reserve Chairman Kevin Walsh's policy reaction function, with open interest in federal funds futures reaching a record high. Amazon is streamlining its internal AI models, as tech companies pivot to prioritizing capital efficiency. The situation in the Middle East remains volatile, with Iran, the Houthis, and disputes over the Strait of Hormuz impacting the crude oil risk premium, while OPEC+ maintains stable production levels through 2026. South Korea's KOSPI index has corrected by over 30% from its June peak, forming a contrast with the high levels of US tech stocks. If Federal Reserve Chairman Kevin Walsh delivers a hawkish signal, US tech stocks could face valuation pressure.