17 February 2009

the Nikkei

I began investing in stocks when I was 16.

This morning, I read that the Nikkei had dropped 1.4% today, bringing the total year's decline to 14%. I did not think much of it until I realized that we are currently seven weeks into the new year.

I have been reading "The Age of Turbulence" by Alan Greenspan. I highly recommend it. This book continuously reminds me why I fell in love with economics as an undergraduate. Strangely enough, it makes me feel hopeful about the future of this country.

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The take of a Chinese American tween living in Los Angeles