Tuesday, March 15, 2011

Robert Shiller: Quake To Ruin Recovery?

2 comments:

  1. It might well be true. Almost all the automakers in Japan have halted production in all their facilities due to damages. We still don't know the extent of the damage.

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  2. Also worth pointing out that '96-'99 was a record period for U.S. stocks.
    I'm wondering whether there will be an impact on U.S. bond prices because Japan is a big buyer of U.S. debt. After the "flight-to-quality' yields will likely pop. Also, won't it affect auto prices?

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