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...department heads in Nagoya, Japan, did this week by asking managers to purchase new cars by the end of the fiscal year - won't stop Toyota's sliding stock. As a stronger yen continues to batter Japanese exporters selling into depressed economies around the world, the Nikkei 225 stock index dances around its 26-year...

Author: /time Magazine | Title: Japan's Stock Market Waits on a US Recovery | 1/16/2009 | See Source »

...excite investors. On the first trading day of 2009, buyers lifted the Nikkei to above the 9000 level for the first time in two months. The boost, however, was short-lived, and the Nikkei continued to drop, after losing 42% in 2008. Now hovering just above 8200, the index is about one-fifth of what it was in 1989 at the peak of Japan's stock-market bubble. (See pictures of scared traders...

Author: /time Magazine | Title: Japan's Stock Market Waits on a US Recovery | 1/16/2009 | See Source »

...Since Jan. 2, the Standard & Poor's 500 index has given back roughly half of the 24% gain it had logged since mid-November's low of 741. The financial news, spiked with bankruptcies, bank losses, surging foreclosures, rising unemployment and a slew of lifestyle stories on how to live on less, is unnerving investors. On Thursday they confirmed their wariness by taking the Dow Industrials below 8000 briefly before boosting the index back to close at 8212, up 12.35 points...

Author: /time Magazine | Title: Bank Fears Bring Back Bumpy Ride to Wall Street | 1/15/2009 | See Source »

...Proceedings of the National Academy of Sciences, a U.S. journal, scientists measured 44 male traders' second-to-fourth-digit-length ratio, which is otherwise known as 2D:4D and is an indicator of the effects of prenatal testosterone. The longer a trader's fourth finger relative to his index finger, and therefore the lower the 2D:4D ratio, the greater his prenatal exposure to the hormone. All of those taking part in the study carried out the same type of trading over the 20-month period studied and had the same access to cash and information, and none benefited from...

Author: /time Magazine | Title: Successful Traders: The Testosterone Effect | 1/12/2009 | See Source »

...have made a deliberate decision to hold equities in pursuit of superior investment performance, and in some years that has worked. But this year, "it's gone wrong, and spectacularly so," says Adrian Hartshorn, a principal in Mercer's financial-strategy group. In 2008 the Standard & Poor's 500 index declined...

Author: /time Magazine | Title: Pension Losses Could Whack 2009 Corporate Profits | 1/12/2009 | See Source »

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