Critical Gamer writes: As native stocks plunge, most Japanese investors cautiously await American President Barack Obama's Wednesday State of the Union address. Associated Press reports Nintendo and Microsoft as companies less worried.
Japanese shares fell for the fourth day straight. Investors paused to wait on a stronger populist tone from Obama. Yutaka Shiraki, senior strategist at Mitsubishi UFJ securities Co Ltd. called their behaviour a "wait-and-see approach" and investors will "pay attention to his push for bank regulations." Such regulations may prove hard to impose, but Obama's rhetoric will be tough, rightly so.