Bits and Bobs on the Latest Data from Japan

By Claus Vistesen: CopenhagenIt appears that there is still some green shoots left in the news from Japan even though the underlying picture is one of deteriorating fundamentals. We learned recently how Q1 was absolutely horrid in Japan with out declining at an annualised 15.2% which, I a dread to say, are numbers normally reserved to the likes of the Baltics, Ukraine and Hungary [1]. The second