Japan stocks tumble on yen, Asia slowdown worries

Japan ,EU and US woes, worries Asia,is a better headline.

Japan ,EU and US need to perform better, to boost Asia/global stocks.

The yen has been well below 110 to the dollar for a couple of years now. "That" according to Japanese business leaders, was the cut off point for profits. To keep blaming the yen rate in this day and age seems misguided. I would say these results are from a variety of things-

-Earnings reports from domestic department, convenience, and supermarket store sales. All down across the board.

-Earnings reports from exporters, especially the automobile industry.

-Obama's recent announcement to go after the US banking industry.

-Europes inability to grow it's own economy without the US market.

All fingers point to growing, expanding, improving the US market. Yet very few countries are willing to do what is necessary for that to happen. That is "buy American" ! Put Americans back to work, which will then lead to them buying your export products. Until that happens the world's economy will remain stagnant. Say what you want about Americans. The fact is they are your best customer.