Tuesday, June 13, 2006

Japanese Stock Jubilance

Nikkei drops 4.14%

This drop is not because of industrial lack. It is caused by the advice given to the Japanese government to put their pensions in hedge funds. They likely shifted out of the conservative stock market and into hedge funds, accounting for a large leadership in stock market reduction. This is not a trend, and I expect markets to rebound shortly.

No comments: