Sunday, November 25, 2007

Asia markets

Asia markets are up strongly (2-3%) on Mon (Sun evening here). Australia elected a new PM over the weekend, they started strong out of the gate. Shanghai, Korea, Hong Kong, Taiwan, Japan are all up reacting to favorable buzz from Black Friday retail sales in the US. Even the Dow futures are up 54. We'll see if this continues or another shoe drops in the sub prime market.

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