Posted on 03/16/2011 11:28:20 AM PDT by EBH
Rising fears about the nuclear crisis in Japan along with disappointing U.S. economic news sent stocks falling Wednesday.
Stocks opened lower then dropped sharply in midmorning trading after the European Union's energy chief was quoted as saying that Japan's nuclear crisis could get worse.
Japan temporarily suspended work at a stricken nuclear plant after a surge in radiation made it too dangerous for workers to remain there. That came a day after Japan's prime minister said four crippled reactors at a nuclear power plant were leaking dangerous amounts of radiation.
The Dow Jones industrial average fell 165, or 1 percent, to 11,689.
The Standard & Poor's 500 index fell 17, or 1.4 percent, to 1,264. All 10 company groups in the S&P 500 fell.
(Excerpt) Read more at finance.yahoo.com ...
We can, in part, thank CNN and Fox-crybaby Shep, for their 24/7, minute by minute emotion driven, ratings driven and inaccurate “sky is falling” reporting. I swear, Japan should kick the U.S media out of their country....
Has anyone seen Obama......?
Has anyone seen Obama......?
He’s packing for his progressive South American tour this weekend.
I doubt he’ll come back, and for what’s coming I really can’t blame him, just wish he’d take me with.
Are you a sadist or a masochist? (I can't remember which is which -- smile.)
“We can, in part, thank CNN and Fox-crybaby Shep, for their 24/7, minute by minute emotion driven, ratings driven and inaccurate “sky is falling” reporting. I swear, Japan should kick the U.S media out of their country...”
This is par for the course in the MSM. So based on past events: financial “meltdown”, BP oil spill, etc. Now, is the time to BUY Japan. Their quality stocks will probably double from today;s lows in a month or two.
...your right, no matter what’s comin’, it better to stay here than to be anywhere with that idiot.
I’d almost say to invest in Japanese nuclear/energy. They won’t let this happen ever again. They will find a way to resolve these kind of issues.
We are all subject to a bout of temporary insanity from time to time. Have a great day!
Do you know of any ETFs that invest primarily in Japan?
That is an interesting take on a nation going on its 3rd decade of deflation/disinflation, while carrying a 200% national debt to GDP ratio, and having suffered an economically crippling national disaster, not to mention its rapidly aging population to care for and shortage of young workers to fund that care.
He's got a vacation coming up... Nothing happening in the world - nice time for him to take a break.../s
Ended the day -242.12 (2.04%)
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