Global investors are dumping South Korean stocks at an unprecedented pace: Foreign investors sold -$801 million of Kospi-listed shares on Monday. This follows -$10 billion in outflows recorded last week. Foreign investors have now offloaded South Korean stocks in every trading session over the past month. This brings total year-to-date sales to -$75 billion, according to Goldman Sachs. By contrast, domestic retail and institutional investors bought +$69 billion over the same period. South Korea's stock market is making history.(The Kobeissi Letter)