Japan Loses Its Spot as World's Third-Largest Economy as It Slips Into Recession
Japan’s economy unexpectedly slipped into recession after shrinking for a second quarter due to anemic domestic demand, prompting some central bank watchers to push back bets on when the nation’s negative interest rate policy will end.
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But the Japanese stock market is at record highs, which really goes to show how accurately reflective of the economy the stock market is.
is it at record highs in Yen, or in USD
Yen. They don't dare talk about how the cheap yen is causing American companies and individuals to go on a buying spree because... Reasons.
lmao, even their logic is American
it's like when the frothing hordes of redditors try to blame India and China for global warming