joining us with more analysis about the economic and financial impact: paul christopher chief international strategist at wells fargo advisors. so even before the earthquake you were concerned about the economy in japan and telling clients to stay away from investing in that area. now you have more concerns. can you give us your analysis on the issues you see economically? >> that's right, susie. we had a fourth quarter decline in the japanese economy. before the earth quake things were not requesting that well. with the earthquake and the export sektdor, and the possibility of rebuilding for a while, we may have another quarter of contraction and slower growth as we recover the rest of the year. >> susie: now japan is an important trading partner of the u.s. you were talking about exports. do we lose japan as a buyer of our experts? >> well, not necessarily. i think they might shift a bit, again, as your correspondent indicated. one of the largest categorys is construction equipment, and the japanese will certainly be in need of that in coming months. >> susie: let's talk about the investm

paul, minnesota, whose notes i have here somewhere. mayor christopher coleman took office in 2006 and was 45 mayor of st. paul, bringing a wealth of experience to the office as an attorney, community and neighborhood leader, investment adviser, and city council member. he has been guided as his experience of a lifelong resident of st. paul. his family has deep roots in the community. he has been bridging the education gap at the core of his agenda. to his immediate left is my mayor, tom menino, who is a political colossus. he has been reelected to his fifth consecutive four-year term, breaking the all-time record for continuous service as mayor. as i mentioned a moment ago, he has reshaped the city in countless ways, but the results are there for all to see. i was asked by a boston magazine to make a prediction for 2011 in the air in the of the year issue, and my prediction was this summer in the city this next year, the successor to mayor tom menino will be born. [laughter] finally, from the west coast, we have mayor kevin johnson of sacramento. he was