We've yet to receive an all-clear in Japan, but might the nuclear crisis be resolved without an Armageddon scenario after all?
I don't dislike it. I just like it a lot less than almost every other segment now.
The world's crises are the new operative backdrop. If you can handle the heat, trade stocks that have nothing to do with the Middle East, oil or Japan.
When markets are gripped by crisis and inflation is on the horizon, it's your only choice.
The disaster in Japan likely means the end of nuclear energy, in the US and abroad, and a greater reliance on natural gas.
The disaster dovetails with the current end-of-the-world thesis.
Chinese growth is slowing, European countries are struggling to emerge from debt, and expensive gasoline could damage the US economy. If oil doesn't sink soon, we could be in for trouble.
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Tighter regulations and the end of a lengthy bull market in bonds have changed the landscape forever.
The Market Dispatches column has been discontinued. Here's where to find the latest stock and business news on MSN Money, and the latest from market writer Charley Blaine.
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