Look out below, Japan edition
Posted by Charles II on May 23, 2013
Outsourced to Ritholtz:
Nikkei is down 7.3%….Major European indices are off 2-3%.
Year of the Water Snake indeed.
Added: So, of course, what looked like a major crisis brewing turned out to be a simple correction. That’s the Water Snake. The minute you think it’s going one way, it turns the opposite direction.
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