...if the U.S. economy takes a protracted tumble? I'm specifically referring to Hong Kong/China, Korea, and especially, Japan. But feel free to chime in about developing/emerging markets or other developed markets such as European ones.
I didn't want to show my cards this early, but for all the talk of how the U.S. is less important, because of the larger global market of consumers that exists now (Brazil, Russia, China, India, to go with the popular mentions), I still think a U.S. recession would throw pretty much every foreign financial market into a correction or bear mode. Maybe I'm not looking at the right data.