International Week in Review: Concerning Numbers from Japan and the EU
By: HaleStewartThe two most important pieces of data last week were the GDP releases for Japan and the EU, both of which raise concerns. While Japan grew at a 3.8% annualized pace in the second quarter, GDP decelerated to an annualized 1.9% in the third quarter. Household consumption – which had been performing well, dropped as did exports. Read more