THIS IS REALLY CONCERNING:
Japan households spending declined in the last 14 out of 15 months.
Meanwhile, Japan's GDP shrank at an annualized pace of 2.9% in Q1 2024, rose slightly by 0.1% in Q4 2023 and contracted by a whopping 4% in Q3.
3rd largest economy is in a recession
https://x.com/GlobalMktObserv/status/1809863545477095618
Its Over, page-22695
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