UH-OH: ASIAN STOCKS PLUMMET!

NYTIMES: Asian markets tumbled further on Monday as poor US jobs data added to already weak sentiment caused by Spain's banking crisis and political uncertainty in Greece. Dealers were also digesting a string of manufacturing figures from Asia to the United States that pointed to a global economic slowdown. 

Tokyo ended 1.71 percent, or 144.62 points, lower at 8,295.63, with electronics giant Sony the stand-out loser as it fell below 1,000 yen for the first time since 1980, ending at 996 yen. Seoul fell 2.80 percent, shedding 51.38 points to close at 1,783.13, while Sydney slipped 1.94 percent, or 78.9 points, to 3,985.0. Hong Kong tumbled 2.01 percent, or 372.75 points, to 18,185.59 and Shanghai was down 2.73 percent, or 64.89 points, at 2,308.55.

THANKS OBAMA!