Sunday, November 3, 2013

Abenomics in action

A roaring Japanese recovery.  If they can actually carry out the serious micro-economic reforms necessary, the growth will continue.

Just a reminder: this index is a diffusion index -- 50 represents the point at which negative and positive responses are exactly equal, while an index level greater than 50 indicates an expanding economy, one below 50 a contracting one.

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