Archive | May 1, 2007

Nikkei Down Triple Digits, Again, TOPIX Can’t Hold 1,700, JASDAQ Rallies

No surprise here. It’s not really news since the Golden Week effect continues. One more day to go and then the markets are closed until Monday. The Nikkei 225 Stock Average lost 125.43 (-0.72%) to 17,274.98 (range: 17,203 – 17,396). N225 futures in Osaka lost 0.75% to 17,280 (range: 17,210 – 17,430). TOPIX 1st Section [...]

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What Does the U.S. and Japanese Consumer Have in Common?

Look at these two Bloomberg article headlines: 1. Japan’s Wages Drop, Limiting Consumer Spending Growth 2. Japanese Stocks Decline, Led by Sony, on Slower U.S. Consumer Spending

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