Over various decades, no matter how experienced and rationale a person can be, he is still very much governed by emotions and impulse. In the very recent Japan Earthquake 2011, stock markets round the world saw significant corrections. Prices were at few months or years low at intraday especially during the first few days when the bad economic news were…
Tag: Japan Earthquake
Risk of Failing Japan Economy with recent Earthquake, Tsunami and Nuclear meltdown | Economic Review | Japan
It reminds me of the calamitous 1995 Kobe earthquake. The Kobe quake killed 6,500 people and caused 10,000 billion yen of damage – about 2.5 percent of Japan’s gross domestic product. Over the subsequent six months the country’s stock market plunged 25 percent, even as big global markets moved higher. Yet there are big differences between conditions now and 16…