Friday

The Great Quake of Japan: Update on the state of the Financial grid

-Posted by D.C. Worth, for Barbay (France/US)

Tsunami waves, 500mph; Financial waves, instant

-Saving lives, remains the most important concern...
And to preserve Japan's safety, and stability...

[Update]

Our sympathy goes to all families, in their loss...

DISASTER-PREPAREDNESS APPS FOR THE IPHONE. And Android.
There’s also CiviGuard…http://bit.ly/eJvsQw (@instapundit)

Today's Financial Links...

3M(MMM_), Caterpillar(CAT_)and Alcoa(AA_) led the Dow higher on Friday. Coca Cola(KO_), AT&T(T_) and Verizon(VZ_) were blue-chip laggards.

Friday, March 11, 3:43 PM The earthquake may have been the trigger for selling in the grain pits today, but it's hard to see how it will affect demand. Wheat, beans, and rice have been in sharp declines for more than a month, corn since early March. JJG -4.0% YTD, CORN +3.8% YTD

-How natural disasters affect economic growth http://j.mp/eEikNq
(@JimPethokoukis; Reuters blog)

1:53 PM Aflac (AFL -0.6%) generated 75% of its business in Japan last year, and surely has exposure to today’s disaster, but any potential pain is likely small due to the nature of its policies, Mizuho Securities says... (Aflac = little exposure)



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