SOC has foretold This as well. The storm clouds are very visible on the financial horizon.
Japanese Export Report Holds Clues to Slower U.S. Growth
In the early hours of the morning, I stumbled upon a juicy tidbit that seems to shed a bright light on the status of the U.S. economy.
Oddly enough it's a Japanese economic report that tells the story of slumping U.S. growth. A Bloomberg article points out that Japan's export economy slowed dramatically. The U.S. just happens to be the largest buyer of Japanese goods, and recently exports to the U.S. declined for the first time in two years.
This is big news, because it highlights something analysts and investors alike have been asking themselves for many months now: Is the U.S. economy slowing even more?
The answer to this question has been clouded by a surprisingly stable U.S. consumer. All eyes have turned to U.S. consumption for an indication of more weakness or welcomed stabilization.
Now, data from a country across the ocean is telling us that maybe, just maybe, the future ain't so rosy for the U.S. economy.
What's interesting to note in this same report is that demand for Japanese exports from Europe and Asia (mainly China) are picking up much of the slack left behind by the weakening U.S. economy. So while the U.S. struggles to keep the gears cranking, the global economy doesn't seem to be missing a beat.
We recommend you keep a close watch on consumer patterns -- they may prove a very prescient indicator down the road.
Should more signs of a U.S. consumer slowdown surface, it's a high probability bet that the dollar walks the plank... yet again.
Japanese Export Report Holds Clues to Slower U.S. Growth
In the early hours of the morning, I stumbled upon a juicy tidbit that seems to shed a bright light on the status of the U.S. economy.
Oddly enough it's a Japanese economic report that tells the story of slumping U.S. growth. A Bloomberg article points out that Japan's export economy slowed dramatically. The U.S. just happens to be the largest buyer of Japanese goods, and recently exports to the U.S. declined for the first time in two years.
This is big news, because it highlights something analysts and investors alike have been asking themselves for many months now: Is the U.S. economy slowing even more?
The answer to this question has been clouded by a surprisingly stable U.S. consumer. All eyes have turned to U.S. consumption for an indication of more weakness or welcomed stabilization.
Now, data from a country across the ocean is telling us that maybe, just maybe, the future ain't so rosy for the U.S. economy.
What's interesting to note in this same report is that demand for Japanese exports from Europe and Asia (mainly China) are picking up much of the slack left behind by the weakening U.S. economy. So while the U.S. struggles to keep the gears cranking, the global economy doesn't seem to be missing a beat.
We recommend you keep a close watch on consumer patterns -- they may prove a very prescient indicator down the road.
Should more signs of a U.S. consumer slowdown surface, it's a high probability bet that the dollar walks the plank... yet again.
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