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On today's edition of "MarketFoolery," the new daily podcast from The Motley Fool, we focus on Japan's economy as the nuclear crisis continues to unfold.

As the uncertainty rises, the sell-off continues. The Nikkei had its worst two-day drop since 1987, and the U.S markets were down as well. What does the reaction of the global markets tell our analysts?

Are all price drops the same? One of our analysts has a hard time believing Hitachi (NYSE: HIT), Nintendo (OTC: NTDOY), Sony (NYSE: SNE), and Toshiba (OTC: TOSYY) are much worse off than they were a week ago. 

With stocks dropping in all sectors, does any industry provide a safe haven for investors? Hear why one of our analysts believes oil and gas is worth a second look.

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Chris Hill doesn’t own shares of any of the companies mentioned.  The Motley Fool has a disclosure policy.