Tony Sagami -

Sony, Honda getting creamed by strong yen

by Tony Sagami on November 2, 2009

The strong yen is killing Japanese exporters. The most recent to sing the strong yen blues are Sony and Honda.

It would be a mistake, however, to put all the blame on the strong yen. The real problem is the weak demand from the U.S. And it isn’t getting any better.

The National Retail Federation is expecting the second straight years of falling holiday sales.

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{ 1 comment… read it below or add one }

pete allen 11.25.09 at 12:12 pm

Too bad, the whole damm worlds govt’s are printing phoney money and doing everything, by hook or crook, to fool people into taking it, ponzi redux, and no long jail term! Will we ever start really punishing people in gov’t. who are criminals? and that goes for business also! pete

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