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Tuesday, August 02, 2011 9:03 PM


Asia-Pacific Bloodbath Begins, Expect Europe to Follow Suit


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The Asia-Pacific bloodbath, following the US bloodbath is now underway. Australia, Japan, Taiwan, South Korea, and Hong Kong (Hang Seng) are all down over 2%. South Korea is down nearly 3%.

China is down only .64%. However, China was smacked yesterday more than any of the others. Australia and China both look anemic.



click on chart for sharper image

Click link to refresh Yahoo Finance Asia Pacific Scorecard.

Mike "Mish" Shedlock
http://globaleconomicanalysis.blogspot.com
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