Archive for February 17th, 2020

Deeper Analysis

Japanese Sales Tax Hike Hammered Economic Growth Last Quarter

February 17, 2020

The Japanese economy again contracted sharply after a hike in the national sales tax. This is a phenomenon with lots of history. A 3% sales tax was introduced initially in April 1989. Back then, Japan was viewed like China is currently — an up-and-coming economic rival that could soon overtake the United States. The sales […] More

New Overnight Developments Abroad - Daily Update

A Dismal Japanese GDP Report, Coronavirus Concerns, and Holidays in the U.S. and Canada

February 17, 2020

The Japanese economy again contracted sharply after a hike in the national sales tax. This is a phenomenon with lots of history. A 3% sales tax was introduced initially in April 1989. Back then, Japan was viewed like China is currently — an up-and-coming economic rival that could soon overtake the United States. The sales […] More

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