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%.
Topics:
WARREN MOSLER considers the following as important: Uncategorized
This could be interesting, too:
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%.
Topics:
WARREN MOSLER considers the following as important: Uncategorized
This could be interesting, too:
John Quiggin writes Trump’s dictatorship is a fait accompli
Peter Radford writes Election: Take Four
Merijn T. Knibbe writes Employment growth in Europe. Stark differences.
Merijn T. Knibbe writes In Greece, gross fixed investment still is at a pre-industrial level.
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%.