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As in many Asian cultures the concept of “saving encounter” is extremely essential. Causing somebody in the company to shed face is all it requires to finish the company offer. Somebody can shed face if you correct them, yell, act shocked at some thing they’ve said, or if you criticize. Koreans often attempt to spare you “losing face” by saying “yes” when they mean “no”.
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The modest movements Friday could simply be that investors are “a small little bit tired,” said Paul Zemsky, head of asset allocation at ING Investment Management. “The fundamentals would show we should be greater.” Shares have been on a steady climb for almost two months. A pause, especially subsequent powerful earnings the previous few days, “is completely all-natural and perhaps even expected,” Zemsky said.
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