Weekly Fundamental Report 2/2/2009

Data set from Japan this morning on the deepening recession in the second-largest economy in the world, it was clear that the suffering of the various sectors in Japan and the pain which was harbored by citizens is exacerbated, since the decline in consumption at the global level, the value of the yen and fell Japanese products on which the payment of enterprises and factories to reduce costs by reducing production and laying off staff in order to reduce the losses in industrial production declined in December to its lowest level ever at -9.6% -8.5% from the previous level and the annual production fell to -20.6% from -16.6%.
And this decline in the performance of the industrial sector in which Japan depends for its growth came mainly at the expense of staff members who have been laid off from jobs and thus to reach the levels of unemployment in Japan to the highest level in 42 years to 4.4% in December from the previous 3.9%, Since the posts linked to income levels, which decline following the loss of jobs for the Japanese is also paid to families to reduce their expenses for the tenth consecutive month to reach -4.6% in December from the previous -0.5%, which led to consumer prices of 0.4% in December was 1.0% of the generated according to the fears that the deflation that would for companies in the event of a long time.
The U.S. stocks have extended losses yesterday after disappointing results for the corporate profits and disappointing data from the housing and employment, where the remaining grant requests at the highest level in 26 years of home sales fell to their lowest levels at all, while there is concern that the Council U.S. Senate, which must now approve the plan Obama worth 825 billion dollars and that by refusing to extend the suffering of Americans who are watching for the tax exemptions and the new posts will be made available through this program.
With the benchmark Dow Jones industrial average of shares of major U.S. 226.44 points, or 2.70% to 8147.97 points, down, and index Standard & Poor's 500 28.95 points, or 3.31% to 845.14 points and the Nasdaq Composite Index was down 50.50 points, or 3.24% to 1507.84 points. The deepening of the market today is the loss of data, which will be issued today, the U.S., where the growth is likely to shrink in the largest world economy in the fourth quarter of last year rose by 5.5% from -0.5% in the third quarter and this will put the U.S. economy officially in recession period a record of two consecutive quarters of negative growth, and will, accordingly, the economic outlook is very bad, with continuing high levels of unemployment to the highest level in 16 years, reduced consumption, investment and decline in industrial production, contraction of the housing sector continue to suffer in order opportunities for the bank to continue the difficult conditions on the loans.
After that we have seen the morning of confidence in Britain fell to -37 in January from the previous -33 is close to the lowest level ever and that the effect of increasing concern to the British from the deterioration of their living conditions with high unemployment and the deterioration of the financial deepened the recession in the UK United, we find that the confidence of consumers in the United States is also better than expected, where the Michigan index would remain low in January at 61.9 despite the fact that Obama took this month to lead the country was required to be supportive of the trust.