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Tech, Japan trade

Summary:
3 out of top 4 stories not looking good:Global trade still in contraction and larger foreign surpluses most often imply larger US deficits: Japan Trade Surplus Largest in Over 5 Years Japan recorded a 754.9 JPY billion surplus in March of 2016, widening sharply from a 223.47 JPY billion surplus a year earlier but below market consensus. It is the largest surplus since October 2010 as exports fell 6.8% yoy while imports dropped by 14.9%.

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3 out of top 4 stories not looking good:
Tech, Japan trade
Global trade still in contraction and larger foreign surpluses most often imply larger US deficits:

Japan Trade Surplus Largest in Over 5 Years

Japan recorded a 754.9 JPY billion surplus in March of 2016, widening sharply from a 223.47 JPY billion surplus a year earlier but below market consensus. It is the largest surplus since October 2010 as exports fell 6.8% yoy while imports dropped by 14.9%.

WARREN MOSLER
Warren Mosler is an American economist and theorist, and one of the leading voices in the field of Modern Monetary Theory (MMT). Presently, Warren resides on St. Croix, in the US Virgin Islands, where he owns and operates Valance Co., Inc.

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