... powered by the hope that we'll wake up someday soon, and find it was all just a bad dream, and everything is fine, the jungles are filled with a million tigers and a zillion brightly colored birds and plants and the rivers and oceans teeming with fish in sparkling blue water, and the house is warm, the bread and coffee fresh on the table, the cupboards and the fridge well stocked, and all the smiling people gentle, and we will find true meaning in the work we do, and be richly rewarded for it, and most of all tomorrow will be even better than today .....
Asian stocks soar on Fed rate action
Asian stocks posted strong gains Wednesday, boosted by the U.S. Federal Reserve's decision to cut its key interest rate by three-quarters of a percentage point in its first emergency reduction since 2001.
Australian shares cheered the decision, reversing direction after 12 straight days of declines and New Zealand stocks rose after 14 days of losses, while Japanese stocks climbed after giving up more than 10% in the two previous sessions.
Japan's Nikkei 225 average jumped 3.8% to 13,045.76 and the broader Topix index advanced 3.8% to 1,266.64. Australia's S&P/ASX 200 soared 6.1% to 5,500.50 and New Zealand's NZX 50 index added 1.1% at 3,646.55, while South Korea's Kospi climbed 2.6% to 1,651.52.