Article is located here:
http://www.cnn.com/2007/WORLD/asiapc...ign/index.html
One of the problems with the stagnation of the Japanese markets is due to constant policital uncertainty. Prime minister Abe's resignation will add further pressure on the markets.
Upon his announcement the Nikkei made a monster rally.
Lifting on enormous momentum. This was the first over reaction. The second wave of reaction pounded the Nikkei to new lows where it stabilized for the rest of the day. I found this quite interesting.
It will be interesting to see what sort of effect it will have on the US markets. There is a possibility that foreign money will be withdrawn from the Japanese markets, hence could add fuel to other markets including the US.