The Nikkei 225 Stock Average is less than 2% away from its calendar year low of 15,273 set in mid-August. It could test that level based on a 415 point (2.6%) drop (to 15,255) in N225 futures trading Friday in Chicago. Trading will likely be light on Monday since it is Veterans Day in the U.S., although stock exchanges are open. continue reading…
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ASIAN STOCKS HAMMERED ON CONTINUED TIGHTENING CONCERNS
(THE PRAGMATIC CAPITALIST, 1/26/10)
Twenty years ago today in Japan...
(The Mess That Greenspan Made, 12/29/09)
