Investing
Japan's Trade Deficit Problems: A Signal About Global Recovery
Published:
Last Updated:
Japanese government officials say that they may be seeing a slowing in the bad trend for the nation’s imports and exports. That does not mean much. The March figures were especially poor. Exports fell by 46% from the same month last year.
Since Japan is the world’s second largest economy by GDP, if it is seeing such a rapid drop in exports, the countries on the other side of that equation are not showing signs of recovery either. Those countries include the US, UK, and China.
Since Japan relies so heavily on exports, it is not a bad proxy for global business and consumer demand, especially if its results are taken with those from China. Since both countries are posting what may be record drops in their business from abroad, it is another clear sign that the recessions in most large nations are not leveling off. In fact, they are picking up speed, at least as of last month.
Japan cannot export what the world won’t buy and the world is not buying much.
Douglas A. McIntyre
Essential Tips for Investing: Sponsored
A financial advisor can help you understand the advantages and disadvantages of investment properties. Finding a qualified financial advisor doesn’t have to be hard. SmartAsset’s free tool matches you with up to three financial advisors who serve your area, and you can interview your advisor matches at no cost to decide which one is right for you. If you’re ready to find an advisor who can help you achieve your financial goals, get started now.
Investing in real estate can diversify your portfolio. But expanding your horizons may add additional costs. If you’re an investor looking to minimize expenses, consider checking out online brokerages. They often offer low investment fees, helping you maximize your profit.
Thank you for reading! Have some feedback for us?
Contact the 24/7 Wall St. editorial team.
Editors' Picks
