Category Archives: Japan

Japan etc.

Posted on December 25, 2014 @ 8:44 am (Thursday) by WARREN MOSLER

The 10 year note in Japan closes below .3%- that’s what happens when you have the largest deficit in the world… ;) And note the yen has gone from just under 80 to the $ not that long ago to … Continue reading →

Posted in Currencies, Japan |

Housing starts, Japan discussion, China, US pmi, store sales

Posted on December 17, 2014 @ 9:24 am (Wednesday) by WARREN MOSLER

Looks bad to me. Remember, for GDP to grow at last year’s rate, all the pieces on average have to contribute that much. And, as previously discussed, hard to see how starts and sales can grow with cash buyers and … Continue reading →

Posted in Bonds, CBs, China, Deficit, GDP, Housing, Japan, Trade |

Japan rate update, Empire manufacturing

Posted on December 15, 2014 @ 10:31 am (Monday) by WARREN MOSLER

‘The market’ sure doesn’t seem to think rates in Japan are going up after decades of 0 rates: This survey just turned radically: New York state manufacturing index lowest in two years: NY Fed Dec 15 (Reuters) — Manufacturing activity … Continue reading →

Posted in Interest Rates, Japan |

Japan’s ‘bad inflation’

Posted on September 22, 2014 @ 7:37 pm (Monday) by WARREN MOSLER

The Next Stage of Abenomics Is Coming – Shinzo Abe (WSJ) My highest priority as Japan’s prime minister remains the economy… Make no mistake, Japan will emerge from economic contraction and advance into new fields and engage in fresh challenges…Some … Continue reading →

Posted in Inflation, Japan |

Japan- currency depreciation policy ‘bad’ inflation for households, good for exporters

Posted on July 29, 2014 @ 8:27 am (Tuesday) by WARREN MOSLER

Japan’s household spending falls 3.0% in June July 29 (Kyodo) — Average Japanese monthly household spending fell a price-adjusted 3.0 percent in June from a year earlier to 272,791 yen. The average monthly income of salaried households came to 710,375 … Continue reading →

Posted in Currencies, Japan |

Abenomics= ‘bad’ inflation

Posted on July 3, 2014 @ 8:24 am (Thursday) by WARREN MOSLER

Squeaking By on Abenomics By Joseph Sternberg July 2 (WSJ) — Preliminary data show cash earnings, including bonuses, rising by 0.8% year-on-year in May. Base pay increased 0.2%, its first rise in around two years. This looks like the “wage … Continue reading →

Posted in Inflation, Japan | Tagged |

Abenomics Spurs Most Misery Since ’81 as Senior Scrimps

Posted on June 9, 2014 @ 1:56 pm (Monday) by WARREN MOSLER

As previously discussed, it’s a case of ‘bad inflation’… Abenomics Spurs Most Misery Since ’81 as Senior Scrimps By Isabel Reynolds and Chikako Mogi June 6 (Bloomberg) — Mieko Tatsunami finds Prime Minister Shinzo Abe’s drive to reflate Japan’s economy … Continue reading →

Posted in Inflation, Japan |

Remember all the talk about the deficit causing rates to go up in Japan?

Posted on February 24, 2014 @ 12:05 pm (Monday) by WARREN MOSLER

Full size image

Posted in Bonds, Interest Rates, Japan |

Currency depreciation not necessarily the silver bullet

Posted on October 2, 2013 @ 8:03 am (Wednesday) by WARREN MOSLER

BOJ Survey Shows Consumer Sentiment Worsen As Energy Prices Rise October 2 (Dow Jones) — A Bank of Japan survey showed Wednesday that consumer sentiment worsened for the first time in three quarters as a rise in energy prices amid … Continue reading →

Posted in Currencies, Japan |

Japan Exports Rise Most Since ’10 in Boost for Abe Effort – Bloomberg

Posted on September 19, 2013 @ 7:36 am (Thursday) by WARREN MOSLER

Not helping US domestic demand… Japan Export Gains Offer Growth Momentum as Sales-Tax Rise Looms By Andy Sharp & Toru Fujioka September 19 (Bloomberg) — Japan’s exports rose the most since 2010 in August, boosting Prime Minister Shinzo Abe’s growth … Continue reading →

Posted in Japan, Trade |