Nervous Nippon

japanWith Q3 Japanese GDP growth coming in at -0.4%, Japan is back in recession for the third time since the end of the Great Recession. Amazingly, since the start of 2010, Japan has been in recession 47% of the time and Japanese GDP is now back where it was in Q4 2008. All too predictably, economists were predicting almost 0.6% growth and not even one called for a contraction.

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