Nikkei Opens Lower On Wednesday

We just listened to Obama deliver a short pep talk on his approach to the recession and then primarily take questions from the press.

He's very interesting and articulate, we know that.

I would agree with the announcers on NPR who discussed what they felt was the big take away sound bite. It had to do with Obama going on about persistence and the power of being persistent. He said this was something that he would talk about throughout his tenure.

Well its an old saying, persistence furthers.

Reuters: Nikkei falls 0.8 percent after rally, banks weaken