Japan Admits It Has Entered A Triple-Dip Recession…(When Japan Goes…Will Take It All Down!!)
by Tyler Durden
ZeroHedge.com
10/07/2014
The Cabinet Office revised down its economic assessment to “signaling a possible turning point” from “weakening” for the first time since April, as the 7-month average sign for the coincident CI changed, and the change swung by more than 1 standard deviation in the reverse direction. According to the Cabinet Office, such a change in assessment provisionally indicates a likelihood that the economy has already fallen into recession. This is effectively akin to the government acknowledging that the economy is in recession.
The Rest…HERE
