Slightly Insensitive - FTSE 100 (Japan Tsunami)

paddedjohn

I heard on the news that the currency has actually strengthened due to the disaster, apparently the japanese are buying the yen on the world market ready for the rebuild process which is pushing up its value against the dollar.

jimjames

JamesU wrote: »

BBC website this morning, clicked and listened to discussion following the explosion. BBC journalist talking to a nuclear plant expert (exact words):

"Presumably on a plant like that an explosion is something you want to avoid?"

JamesU

Classic quote:rotfl:

JeffAllan

Bad things always come in threes. So following an earthquake, a tsunami and a nuclear disaster, a fourth thing ie a stock market crash is unlikely. Mind you, if everyone follows this analysis then you may want to try the contrarian approach to investing and go the other way !

This is probably as good advice as anyone could give until all the implications are better understood.

For example, Japan will be hungry for finance for rebuilding and will call in debts from abroad. This could have implications for banks and sovereign states in the current credit crisis. You heard it here first !

soulsaver

JamesU wrote: »

BBC website this morning, clicked and listened to discussion following the explosion. BBC journalist talking to a nuclear plant expert (exact words):

"Presumably on a plant like that an explosion is something you want to avoid?"

JamesU

Irony................?