What GM used to be to America, Toyota is to Japan: a weather vane for macro trends. On Friday, the carmaker admitted it is downhill from now From Asia Times If you want to know where Asia’s No. 2 economy is heading, you can weed through reams of Japanese government data, trade flows and analyst reports. The real clues, though,
Low interest rates mitigating the benefits of low oil prices – IMF When oil prices began to crater, it was hoped that demand would grow, giving economies a proverbial shot in the arm. Unfortunately, economic growth has remained sluggish, and has even cooled off in major demand centers like China. “The widely anticipated ‘shot in the arm’ for the global
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