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Monday, April 14, 2008

Asian markets dive on Monday

Shanghai is down well over 5% (5.6% at the moment) with the rest of Asian markets falling as well. This is where products being sold to America and Europe are produced so they just may be on to something. The severe drop by GE on Friday is going to have markets looking for any positive news to prove that was an aberration and not an indicator for the future.

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