Work in Japan and may be work over here in sales, rebuilding materials,food , etc. Should be good for the economy in the very near future.
Companies that benefit from global infrastructure expansion did well as investors anticipated that Japan would be in need of widespread rebuilding. AK Steel Holding Corp. rose 6.2 percent. Goodyear Tire and Rubber Co. rose 5.6 percent.
No, I do not believe that is true. The expense will be enormous and although there may be a few who benefit it will not have a positive effect on the economy. This could be catastrophic for the economy. Of course, the loss of life is the most catastrophic. I find it sad that your thoughts immediately turn to how this will benefit your wallet.
"I find it sad that your thoughts immediately turn to how this will benefit your wallet."
I don't think that's fair.
The quake happened almost 12 hours ago. I personally got burned out watching the live tsunami video on al Jazeera in the middle of the night.
This is a stock board, so it's reasonable to assume that any humanist conversation occurred elsewhere (twitter, anyone?) and this is where people have come to insight on financial impact.
The negative impact is clearly going to be massive. Insurance companies and the uninsured will be devastated. Energy supply in Japan took a big hit, which will slow local economies. Food is going to be priced like gold; in a nation already overpopulated supply lines and farmland were put out of commission for an indefinite time.
But there will be spot gains. All that insurance money will be spent reconstructing the destroyed infrastructure and property, and tending to the injured and dead. The building materials, vehicles, and energy that were lost will have to be replenished from Japan's suppliers.
But anyone who's looking to leverage those movements, shorting the insurers or screening for the best-positioned rebuilders, is a ghoulish douchebag. It's time to be philanthropic, here, and just give money to people who will not be able to cash a big insurance check.