The Japanese economy is once again in recession. As if the poor Japanese investor hadn’t had misery enough! He’s been beaten up for the last 18 years. He was whacked when Japan, Inc. went bust in 1990. He was smacked when stocks fell 70%- 90% during the ’90s. He was racked with pain when property collapsed to as little as one-tenth its late ’80s value. He was starved for yield when the Japanese Central Bank dropped its policy rate to zero…
November 24th, 2008 | Bill Bonner | 2 comments | Continued Our DR Global Editions: 
Sunday, November 22nd, 2009
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The Markets
All Ordinaries 4706.70 -61.10
S&p/asx 200 4685.80 -63.40
Sse Composite Ind 3308.35 -12.27
Crude Oil Dec 09 76.90 -0.56
Gold Nov 09 1146.40 +5.00
Nikkei 225 9497.68 -51.79
DJIA 10318.16 -14.28
S&P 500 1091.38 -3.52
Ftse 100 5251.41 -16.29
2009-11-20 00:47 Most Comments
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Good work Winkinatcha.
I tend to favour against dollar rally...even though its on cards once again. Been waiting for a freefall ...
Lachlan Scanlan | 21Nov09 | More -
there's some rumblings going on lads.
Check it:
http://www.marketwatch.com/story/ice-investigating-spike-in-dollar-index-futures-2009-11-20
;)
winkinatcha | 21Nov09 | More -
"Goldman also received $10 billion of capital from the U.S. government in October 2008, under the Troubled Asset Relief Program."
In ...
Don | 21Nov09 | More -
3m UST bills turn negative, again! Apparently, they did routinely during the Great Depression, though Bloomberg reports "Treasury bills turned ...
Justin | 21Nov09 | More -
Yeah Ned I think it was Wierd Al who wrote a song about Prozak and his dealings with Biker....
"I know ...
Lachlan Scanlan | 21Nov09 | More -
Ever watched a dead cat bounce?
Dan | 20Nov09 | More -
Hey Biker ... Where are you? DR's gotten a bit boring lately mate. Even Prozak seems to have lost a ...
Ned S | 20Nov09 | More -
Agreed my friend - In a sane world one doesn't have to be a "rocket scientist" to have a chat ...
Ned S | 20Nov09 | More -
Ned, just that point about the world thinking immorality pays off ... actually not really. Big business knows immorality causes ...
Dan | 20Nov09 | More -
Well a society can prosper without needing a "finance industry" like the one the US has (although in all honesty ...
Dan | 20Nov09 | More
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Good work Winkinatcha.
I tend to favour against dollar rally...even though its on cards once again. Been waiting for a freefall ...
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