The NIKKEI 225 is the Japanese Stock market, and it has seen massive gains in comparison to the Dow or the NASDAQ in recent months.
However, in the past few hours the exchange has lost 7% of its opening value.
I won't pretend to know much about the Japanese but I do know they have recently announceD a massive QE program, pumping about 70 billion a month into the economy in an attempt to stop deflation. Could we see the QE they have announced be consumed by an attempt to prop up the stock market, are we watching a bubble burst in the market, is it mere a small correction, and how does this affect the rest of the world? If Japan is blaming the weakening output of Chinese factories, then wouldn't it stand to reason that we would see the same thing happen in the US and Europe?
I would be most interested to hear from those of you in the know about markets and such things.
Also, does anyone know where I can get some Squirrels fast?