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- South East Gas Shortage
- Quality Scrubs And More
- The Dow Plummets Then Rebounds Many Losers Than Ju...
- Rent To Own
- Alternative Options For Distributors
- Blue Nile Diamonds
- Customers Who Aren't Getting Railed
- Economic Upheavals Possible Effects On Trucking Se...
- Centering Clay Made Simple
- American Airlines Revisited
- Laptop Decisions
- FedEx Stocks Fall
- Dallas & Fort Worth Get Ahead as Warehousing Hub D...
- World Markets Going Haywire
- Lawsuit Representation, Know Your Rights
- Skorpion Zinc Mine Not Impacted by Strike in Namib...
- Uganda Working to Avert Strike
- Need A Vacation?
- Stocks Plummet, Regulation Looming?
- High Energy Low Calorie
- ABF To Expand
- Employee Screening Services
- 2Q Kroger Increase
- High Quality Luxury Timepieces
- No Layoffs At American Airlines Yet
- Professional House Plans
- Post Tunnel Fire, Eurotunnel May ReOpen
- Centralizing Logistics
- Freight Shipping Solutions
- Matching UPS, FedEx Picks Up The Pace
- Answering Settlement Questions
- Gustav Oil Fears Decline
- Cola Wars Revisited
- UPS Improves Efficiency In Heavy Freight Lanes
- Custom Home Plan Options
- Another Logistics Merger
- ▼ September (36)
- ► 2007 (204)
Tuesday, September 30, 2008
3:50 PM | Author: Brett Bumeter - Unknown | | | Edit Post
With the current instability in the United States economy and the economic crisis wave spreading across the ocean to the other major world markets, no industry is immune. This morning, the Japanese markets were effected due to fears that Americans would be unable to purchase products by Sony, Toyota and Honda. All three of Japans largest exports saw their values decline.
Worldwide, distributors are seeing their costs increase and business slow down predicated on the fears from investors across the world who are "in bed" with the United States economy. Granted, almost every major index was down yesterday and rallied modestly today, but the instability means anything but business as usual.
It will be interesting to see how these factors play out tomorrow. Asian markets will open in about 5-6 hours, will they recover similarly as Wall St. did this afternoon all but erasing a 777 point drop? This worldwide financial crisis is on the verge of bubbling over and scalding everyone.