Why Japan’s mess doesn’t mean recession by Colin Barr @FortuneMagazine March 15, 2011, 9:27 PM EDT E-mail Tweet Facebook Google Plus Linkedin Share icons This quick quiz just in from Citigroup’s Steve Wieting. What do these disasters have in common? Three Mile Island Chernobyl Kobe earthquake Indian Ocean tsunami Hurricane Katrina Stumped? “These are five tragic events with one thing in common: They didn’t precede U.S. or global recessions.” True enough. So while a big stock market selloff is not exactly an all-clear sign, Wieting contends the issue is uncertainty, rather than sure economic doom, and investors should proceed accordingly. Predicting a recession off this tragedy, he said, is not only difficult but “speculative.” Something to chew on, anyway. Also on Fortune.com: Sagging stocks put Bernanke on the spot In Japan, fending off the unthinkable Avoid knee-jerk, anti-nuke moves Follow me on Twitter at @ColinCBarr.