Barry Poppins says things go better with coke.
Posted on 04/06/2025 6:22:08 PM PDT by RandFan
Japan’s Nikkei share average tumbled nearly 9% early on Monday, while an index of Japanese bank stocks plunged as much as 17%, as concerns over a tariff-induced global recession continue to rip through markets.
The Nikkei dropped as much as 8.8% to hit 30,792.74 for the first time since October 2023. The index was trading down 7.3% at 31,318.79, as of 0034 GMT, Reuters reports.
All 225 component stocks of the index were trading in the red.
The broader Topix sank 8% to 2,284.69.
A topix index of banking shares slumped as much as 17.3%, and was last down 13.2%.
The bank index has borne the brunt of the sell-off in Japanese equities, plunging as much as 30% over the past three sessions
(Excerpt) Read more at theguardian.com ...
Crash territory... ?
CB’s already hit, Taiwan hit one as well. US futures down but holding a line.
Looks like the world is having a bad reaction to the US cutting off their easy money. America is no longer their bitch. Hopefully things do not settle till valuation are well below 10%. It’s about time the markets be rational.
No.
It was closed on Friday for the sakura festival, so it is catching up.
Stay the course. The market just corrected to last summer’s value. Since The Democrats juiced it up to win, it must be corrected.
We were headed for a “Great Reset,” one way or the other.
I prefer one triggered by Trump over one triggered by the globalists.
Those are the countries with the harshest tariffs against America.
I think that was Linda Lovelace that said “Things go better with coke” - I was young🥸
Where were you when a similar slump hit under Biden’s undoing most of what Trump had accomplished....the medicine may taste bitter, but the curative effect is worth it.
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