ElGranCabeza said:
I'm curious what makes you think either one of those things will happen. The yen is likely to stay where it is or even appreciate some more. |
A - Japans Prime Minister assured the market that they would actually take proactive measures in order to drop the Yen as soon as possible.
B - There will be no second recession in the US. Many economists are agreeing that this a true statement, and given that there is ATLEAST some positive news coming out of the state, I would tend to agree that we will see more growth over time.
“When we make some new announcement and if there is no positive initial reaction from the market, I try to think of it as a good sign because that can be interpreted as people reacting to something groundbreaking. ...if the employees were always minding themselves to do whatever the market is requiring at any moment, and if they were always focusing on something we can sell right now for the short term, it would be very limiting. We are trying to think outside the box.” - Satoru Iwata - This is why corporate multinationals will never truly understand, or risk doing, what Nintendo does.