Sendai earthquake

How Contagious Ought Japan’s Crisis Be?

March 17, 2011

One would think from watching global stock exchanges over the past week that everyone’s fate hinges on Japan’s.  After all, Japan is the third largest nation-state economy in the world, having only recently been displaced from the second slot by China.  For the past two decades, however, Japan has lacked the dynamism that built it […] More

Bank of Japan Takes Many Actions to Support Economy and Markets

March 14, 2011

Across-the-board strength has seen the dollar rise 0.7% against the Australian dollar, 0.5% relative to the euro, 0.4% versus the Swiss franc, 0.3% against sterling, 0.2% versus the yen, kiwi and yuan and 0.1% against the Canadian dollar. Japan’s Nikkei plunged 6.2% and well below 10K and to its lowest level since early November.  Stocks […] More