RE: Japan exports fall..17 Aug 2023 10:44
"For first time since 2021, stoking concerns about economy."
You just gotta laugh at the doomsters here, trawling all day every day for the merest morsel of negative news articles. Especially with their tunnel vision, not reading the articles, only headline grabbing.
Here's the headline….
"Japan exports fall for first time since 2021"
Here's the reality….
Japanese exports fell 0.3% in July year-on-year. economists expected a drop of 0.8% so not so severe as expected.
And get this, the previous month saw a rise of 1.5%. So all in all a two month rise of 1.2%.
No one can foresee a sharp downturn, but if it were to happen it won't be because of the ongoing release of monthly/yearly figures.
If there were any real concerns about any economy and the actual figures released really reflected a serious downturn the news would already be out there.
If peeps are going to post about a forthcoming Armageddon, best get real because we will all know when it happens and by that time it will be too late.
Then you'll get the inevitable 'I told you.'
At the time of writing Lloyds SP is up by 0.8%, so it's positively booming. Get real!