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The markets are "overreacting" to the Japan disaster concerning its impact on U.S. economic...

Mar. 15, 2011 3:10 PM ETBy: Carl Surran, SA News Editor19 Comments
The markets are "overreacting" to the Japan disaster concerning its impact on U.S. economic growth, Deutsche Bank's Joe LaVorgna says. U.S. exports to Japan are only 5% of GDP, he says, so that number would have to be much larger for the events in Japan to have a substantial effect on the U.S. economy.

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