After the bail-out fizzled out in the Congress, US Investors lost over a trillion dollar worth of market capitalization in a day. The next day was expected to be really bad for Asian markets, but these markets have not done so badly today.
In fact none of them had a fall as bigger as the American markets and either they have decoupled from the American markets altogether or are just optimistic about a new deal.
Here is a snapshot of how the various Asian markets looked like at 6 AM EST, Sep 30, 2008, one day after the bailout talks failed to materialize.
