Wednesday, February 16, 2005

BBC NEWS | Business | Japan economy slides to recession

BBC NEWS | Business | Japan economy slides to recession

In my portfolio class we were recently discussing international investing and the benefits of diversification. This led to a brief discussion of the Japanese stock market. Few markets and economies have ever had such a long downward ride: from near 39,000 at the end of 1989 to about 11,600 currently.

Thus, today's news that the Japanese economy has slipped into its 4th recession in a decade came as only a small surprise.

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