Japan Just Served Up One Of The Worst Quarterly Economic Contractions In History
To be clear, nobody expected Japan's fourth quarter GDP data to be any semblance of "good".
Back in December, the country upwardly revised a disappointing third quarter print to show the economy expanding at an annualized pace of 1.8% during the period, versus the initial 0.2% read. Analysts had been expecting a big revision (to 0.6%), but nothing of that magnitude.
And yet, as I put it at the time "nobody should get too excited". Q4, I wrote, was "set to be some stripe of bad thanks to the ta
Globlaization? I don’t got no globalization. I don’t need no globalization. I don’t got to show you no stinking globalization.
Nice!!
Just buy US stocks………….
Whatever happens that is all you need to know…………..
Caveat – I am being sarcastic……….
Nothing matters until it matters………
I don’t think they are thinking positively enough.