
JOMO Takes the Spotlight as KOSPI Slumps, Sparking Zero-Loss Bets
The KOSPI closed at 5,663.24, down 5.98%, extending a 35.8% plunge from its intraday peak after a July 28 circuit breaker and heavy losses for Samsung Electronics and SK Hynix. Amid continued volatility, office workers are embracing JOMO (joy of missing out) and a “zero-loss” mindset, often preferring cash or U.S. assets over domestic equities. Memes about corporate chairs mirror the mood that not losing money has become the new win.

