I guessed everyone’s attention has shifted from Middle East unrest to Japan’s devastating Earthquake. As I write, Nikkei has lost 1000+ points in 2 days. The 2nd day has spooked the markets in other parts of Asia, dropping about 2+% on the average. If you are still holding stocks, you would definitely be wondering whether to sell. Should you or not?
This natural disaster is not enough to bring the entire Japan down. Japan would rebuild and it takes time, but it won’t concede defeat. I always have great admiration for the determination in Japanese, which is one key success principle that made them a First World country after WWII. It was amazing how fast Japan rebuilt itself after the atomic bombs were dropped in Hiroshima and Nagasaki. Japan has lived through a period of high radiation and survived.
Japan had the famous lost decade and I think this ...
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