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.