Tokyo Stock Exchange is FUCKED

[Buraku]

Nikkei Worst in 43 years



(Reuters) - The Nikkei average fell 1.3 percent on Wednesday to hit its longest losing streak in more than 40 years, as worries about the global economy hit exporters such as Canon Inc

The benchmark Nikkei .N225 logged its 10th straight negative day, a period in which it has slid about 8 percent, its longest losing streak since February-March 1965.

"The worst factor for the market is oil prices that don't stop rising. Investors are in a complete wait-and-see stance," said Koichi Ogawa, chief portfolio manager at Daiwa SB Investments.

[Buraku]

today's numbers

Asia is fucked, the only ones that avoided the Red are Shanghai and Bombay

Nikkei 225 at 13,286.37
Down 176.83 or 1.31%

[IkemenTommy]

Nikkei Worst in 43 years

(Reuters) - The Nikkei average fell 1.3 percent on Wednesday..

Oh nooooo... it's the end of the world as we know it. Quick, pull everything you own out of the stock market and hide in your bunker in the basement until we pull through this one.

[Buraku]

[Buraku]

Hiding your Dollars under the mattress again

There are low risk opportunity in certain currency and commodities
Food prices might sky rocket and Companies like GM could be in the shit

Where have you been putting your hard earned Yen?

Fears that GM could go so far as to declare bankruptcy only added to investors' unease. The stock closed below the $10 mark for the first time since September 1954 when Dwight Eisenhower was president. Investors shrugged off better-than-expected sales figures from June and fretted about the company's cash needs.

The Dow fell 166.75, or 1.46 percent, to 11,215.51, the lowest close since August 2006. It now stands 20.82 percent below its Oct. 9, 2007 record of 14,164.53. The last bear market ended in October 2002.

Broader stock indicators also posted big losses after showing gains for much of the morning. The Standard & Poor's 500 index fell 23.39, or 1.82 percent, to 1,261.52, while the technology-laden Nasdaq composite index fell 53.51, or 2.32 percent, to 2,251.46.

The S&P is just shy of the 20 percent pullback that signals a bear market. While the Nasdaq is also in bear territory, it hit that mark in March, moved higher and has now returned to a bear level.

Bond prices rose as investors exited stocks. The yield on the benchmark 10-year Treasury note, which moves opposite its price, fell to 3.96 percent from 4.01 percent late Tuesday. The dollar was mixed against other major currencies, while gold prices rose.

[Buraku]

N 225 13,265.40
Down 20.97 (0.16%)

[Buraku]

[Greji]

Where have you been putting your hard earned Yen?

Same place as always. Some hooker's purse in Roppongi....