During many years, and 2011 has been one such year, the Tokyo stock market seems like a geriatric ward whose residents grow weaker, frailer, and more infirm by the day, and where at yearend the prognosis is further deterioration.
Granted, 2011 was extraordinary in visiting upon Japan a series of major, unprecedented disasters and difficulties: the 3.11 Northeastern earthquake/tsunami; the Fukushima nuclear accident; prolonged financial crisis in Europe; massive flooding in Thailand; and-through it all-an historically strong yen.
But even if 2011 was annus horribilis for the First Section of the Tokyo Stock Exchange (TSE), 2010 was not much better, and it is not hard to imagine that 2012 could be more of the same, or worse. (Forbes)
During many years, and 2011 has been one such year, the Tokyo stock market seems like a geriatric ward whose residents grow weaker, frailer, and more infirm by the day, and where at yearend the prognosis is further deterioration.
Granted, 2011 was extraordinary in visiting upon Japan a series of major, unprecedented disasters and difficulties: the 3.11 Northeastern earthquake/tsunami; the Fukushima nuclear accident; prolonged financial crisis in Europe; massive flooding in Thailand; and-through it all-an historically strong yen.
But even if 2011 was annus horribilis for the First Section of the Tokyo Stock Exchange (TSE), 2010 was not much better, and it is not hard to imagine that 2012 could be more of the same, or worse. (Forbes)