From the Keynesian standpoint, this is precisely the kind of disaster that can jumpstart the economy. In the long run. In the short run, profits are going to be down, and we don’t know if today’s selloff adequately reflects short-term losses to be experienced by Japanese companies.

Some losses seem overblown even in the short run. For example, does anyone really believe that the earthquake justifies a 5% drop in the valuation of Toyota?

From the Keynesian standpoint, this is precisely the kind of disaster that can jumpstart the economy. In the long run. In the short run, profits are going to be down, and we don’t know if today’s selloff adequately reflects short-term losses to be experienced by Japanese companies.

Some losses seem overblown even in the short run. For example, does anyone really believe that the earthquake justifies a 5% drop in the valuation of Toyota?

I don’t think folks have realized the extent of the economic damage yet (and whether all the bad news has been factored in yet…)

Example,

This is supposedly one of the areas for Nissan’s ready for shipment…

http://www.youtube.com/watch?v=VMPUZTm5vAc&feature=player_embedded#at=32

In retrospect, destroyed property isn’t nearly as bad as lives lost. But, I don’t think it has quite fully sunk in yet the economic damage this thing has done.

Some of the comments posted on autoblog indicated that Nissan and Infiniti dealers are already getting noticed of immediate unexpected inventory shortage.

I don’t think folks have realized the extent of the economic damage yet (and whether all the bad news has been factored in yet…)

Example,

This is supposedly one of the areas for Nissan’s ready for shipment…

http://www.youtube.com/watch?v=VMPUZTm5vAc&feature=player_embedded#at=32

In retrospect, destroyed property isn’t nearly as bad as lives lost. But, I don’t think it has quite fully sunk in yet the economic damage this thing has done.

Some of the comments posted on autoblog indicated that Nissan and Infiniti dealers are already getting noticed of immediate unexpected inventory shortage.

I don’t think folks have realized the extent of the economic damage yet (and whether all the bad news has been factored in yet…)

Example,

This is supposedly one of the areas for Nissan’s ready for shipment…

http://www.youtube.com/watch?v=VMPUZTm5vAc&feature=player_embedded#at=32

In retrospect, destroyed property isn’t nearly as bad as lives lost. But, I don’t think it has quite fully sunk in yet the economic damage this thing has done.

Some of the comments posted on autoblog indicated that Nissan and Infiniti dealers are already getting noticed of immediate unexpected inventory shortage.

When knifecatching, it is always best to wait for panic- jmho.

When knifecatching, it is always best to wait for panic- jmho.