Technicals can be rationalized as a combination of artistry, technology and pattern recognition.
Tag Archives: Japan
Depopulating economy = falling wages?
In Japan’s depopulating economy, productivity is falling—not rising—and so are wages.
Sometimes, you need a better plan
If the BoJ’s QQME with YCC were going to do something, it would have happened—or at least, begun—by now.
Japan-style death spiral for China?
Will similarities with Japan’s banking practices of the 1970s and 1980s be the death knell for China’s economy?
Two tales of credit woe
The monetary data from Japan and Britain suggest that there is core weakness in the underlying economy.
The meaning of negative interest rates
Yields on 10-year JGBs and Bunds are approaching zero. But the meaning of near-negative interest rates is different in Japan than in Germany.
Japan’s case: Inflation from a sales tax hike?
Could a sales tax hike in October 2019 help the BoJ finally reach its inflation goal?
Secular vs cyclical: Japan’s economy is in trouble
Japan’s economy faces a cyclical threat from a massive inventory run-up, on top of its secular decay due to depopulation.
Productivity will not bail out Japan’s economy
What good are productivity gains when demand is doomed to shrink with the population?