The Japanese economy continues to weaken and a recession is now the main consensus. The country’s trade balance, which was long in surplus, is now moving deeper and deeper into deficit and the third quarter numbers almost certainly will show contraction, and these are more than likely to be followed by another set of negative readings for Q4
Japan Edges Towards the Cliff
Posted in Asia, Fiscal Policy, Global Economy, Japan, Monetary Policy on November 2, 2012Monetary Contraction Continues in Europe
Posted in European Economy on February 28, 2012Simon Ward at Money Moves Markets updates us on the latest monetary aggregates from the eurozone and despite strong global growth in excess liquidity and central bank expansion, money growth remains weak in Europe. Going out of 2011, 6 month…
