Taking clues from Nasdaq Asia across the board starts declining on the assumtion US is headed for a recession
Ronald Riegel
Oct. 3, 2006

US Manufacturing is weak and service sector is also weakening. That makes companies like Sony and other Asian stocks dependent on American consumers wonder what is their fate!

Taking clues from Nasdaq Asia across the board starts declining on the assumtion US is headed for a recession.

The Asian stocks have started sliding. This can be the worst for Asia. Asia in recent days have tagged its economies to American consumer sentiments and strengths. That can be catastropic for Asian stocks if US has a hard landing into a zone of negative growth or even to an envronment of exlicit stagnation.

Taking clues from Nasdaq Asia across the board starts declining on the assumtion US is headed for a recession
Ronald Riegel
US Manufacturing is weak and service sector is also weakening. That makes companies like Sony and other Asian stocks dependent on American consumers wonder what is their fate!
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