Monday, March 14, 2011

Stocks Down in Tokyo


The WSJ is reporting that Japanese stocks were down about 5% during the first 10 min. of trade.

This is a bit more than I expected. I think the situation in Japan is worse than we know in the US.

The global economy is so interlocked that a massive earthquake in Japan or currency pegging to the Dollar by China affects the US a great deal.

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