- A conflict on the Korean Peninsula could disrupt global businesses, making it "the greatest geopolitical threat to credit quality in Asia," according to Moody's Investors Service.
- While an escalation remains a "low-probability event," it predicted potential economic outcomes such as a hit to global electronics, energy and financials.
- The warning comes after President Trump said he had a "much bigger & more powerful Nuclear Button" than Kim Jong-un and that his "Button works!"
- ETFs: EWY, KF, KORU, KEF, DBKO, FKO, DXKW, KOR, HEWY