Who is responsible for it? Japanese economy too much depends upon US market. This is common these days market ups on Wednesday and crashes on Friday or Monday. This situation may continue until next fiscal year. Next months many banks in the world may suffer with the new financial data. It is better to sell your stock now or wait till next 6 months. People who are buying stocks now, helping to delay this economy recession.
I wish i could say that today is the last day the Nikkei 225 has dropped and it has already bottom. But, i know that is not the case. Everyone in Japan is feeling the pain and fear of the wrong decision made by the Japanese Government to over invest in the US economy. Whether at this juncture the Nikkei 225 will recover or not will depend much on whether efforts by Central Banks around the world to pump in large amounts of money into the market would be successful in calming the market jitters all over the world.
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4 Comments
kaminarikeizai at 05:10 PM JST - 18th September
Who is responsible for it? Japanese economy too much depends upon US market. This is common these days market ups on Wednesday and crashes on Friday or Monday. This situation may continue until next fiscal year. Next months many banks in the world may suffer with the new financial data. It is better to sell your stock now or wait till next 6 months. People who are buying stocks now, helping to delay this economy recession.
ariffshah at 07:48 PM JST - 18th September
I wish i could say that today is the last day the Nikkei 225 has dropped and it has already bottom. But, i know that is not the case. Everyone in Japan is feeling the pain and fear of the wrong decision made by the Japanese Government to over invest in the US economy. Whether at this juncture the Nikkei 225 will recover or not will depend much on whether efforts by Central Banks around the world to pump in large amounts of money into the market would be successful in calming the market jitters all over the world.
moderateguy2008 at 04:36 AM JST - 19th September
The financial world is inmeltdown. Japan is in danger of depression.
US , show the way, only your policies and guidance can restore economic growth and prosperity.
Nessie at 05:06 PM JST - 19th September
Is it at its lowest level, or is this a crap translation and it's actually at its lowest?