Auspicious update, below.
Stocks closed generally mournful and reflective.
Currency devaluation reflects silently on still and glassy water.
Invest in Kirin
Credit (blame) The Onion for most of the above.
UPDATE: Okay, not auspicious-the Yen is trading at a 3 year high vs. the dollar. 104.06:$1. More Kirin.
And from the IHT:
Most Asian markets fell Friday after overnight U.S. jobs data and pessimistic comments by Federal Reserve Chairman Ben Bernanke's reinforced the view that the world's largest economy may be headed into a recession.
The largest fall came on the Tokyo Stock Exchange, where the Nikkei 225 average fell 2.3 percent to 13,603.0. In Hong Kong, the blue-chip Hang Seng fell 1.1 percent to 24,331.7. Major indices fell in Australia, India, Indonesia, Malaysia, Singapore and South Korea.
In Tokyo, exporters were the big losers as the yen climbed to its highest level against the dollar in nearly three year after Bernanke said large U.S. banks will likely recover from the recent credit crisis, while other banks are at risk of failing....