Wednesday, September 02, 2009

Nikkei Opens Lower On Thursday

The Nikkei is down. Japan is following the leader again as Wall Street has about 4 straight days of losses.

Could this be the beginning of the long awaited "correction?"

Who knows. This was not good -
A labor-market report showing more private-sector job losses in August than forecast made investors nervous ahead of Friday's highly anticipated monthly jobs data from the U.S. Labor Department. source
Its tough times. It feels like we are in a massive change and people are freaked. Look, the old ways can't sustain. We can't have a 1950's economy or a 1960's economy. Its over. The craziest part is that the fracturing of the US in terms of the political climate is worse and worse. Screwballism is contagious, cooperation is unheard of. America always like to go backwards with the lights out.

Reuters: Nikkei down 0.4 pct as yen rise bites, exporters hit

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