Friday, August 27, 2010

Asian Stock Markets and Toyota

Japan and a few other Asian markets are down a bit at open, signaling caution in advance of the Q2 GDP revision due on Fri. morning by the US Dept. of Commerce, Bureau of Economic Statistics.

The strong Yen has caused many export-oriented Japanese companies to experience lower share prices.

I am disappointed to learn that Toyota will be having another recall. This is very bad news!

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