Nikkei Down More Than 3 Percent

AP ^ | Sunday March 16, 8:42 pm ET

[Rutles4Ever]

I believe we have hit the point where the suckers are selling good companies and once-every-ten-years buying opportunities abound

Balance sheet fraud has made it virtually impossible to determine what companies are actually solvent.

I am bullish and long

Good luck.

[Lazamataz]

We really ARE all gonna die.

[teletech]

“c) What do you expect Ben to do, exactly, to pull us out of the “steep dive”?”

How about a $300.00 economic stimulus payment? ($600.00 for joint filers);)

Yes, the stimulus should help. Had I remembered it, I would have posted it in my answer to the above question. Thanks for the reminder.

[BlazingArizona]

How do you say “This is not good” in Japanese?

Sharply indrawn breath through clenched teeth.

[july4thfreedomfoundation]

The stimulus is a joke.

Instead, the powers that be should have elimated capital gains taxes entirely, and cut both personal and corporate income taxes across the board.

For crying out loud, communist China has a corporate tax rate of 25%.....that’s much lower than America’s.

And while they’re at, reduce the endless regulations that tie the hands of business....most of these non-sensical regulations were pushed through over the years by moonbat environmentalists in cohoots with lefty politicians.

[AmericanInTokyo]

or maybe even ”やばい、かもしれない。”

[Zebra]

I believe that the markets have discounted more bad news than is actually out there. Sure, there are individual losers yet to go down (a la Bear Stearns or National City), but I believe that these will be isolated and controlled. These will likely take the form of "takeunders", or brokered deals whereby a terminal financial institution or brokerage is absorbed by a stronger lender or counterparty.

The Fed and Treasury have signaled strongly that they will not allow the truly diseased to affect the healthy. Did anyone really ever doubt that? This will mean inflation for sure. But that will drive those in cash, commodities and debt back into the equity markets. The inflation crusade will begin in earnest only after liquidity is restored sufficiently to revive properly functioning credit markets. There will be more bad days and scary MSM headlines that shill for the Democrats and the shorts. Resist the temptation to believe what you read--there is an agenda behind that.