$EWJ - Poor Japan. They can't get out of their own way. Their economy contracted 6.8% in the 2nd quarter. What was the main culprit? A hike in the sales tax that led to less consumer spending.
If you want less of something, tax it! (Who said that?)
***
Japanese economy contracts sharply
BBC News
BBC - BBC - Wed Aug 13 05:38:12 UTC 2014
Japan's economy contracted by an annualised 6.8% in the second quarter of the year, the biggest fall...
If you have Windows 8, open this in Finance. Otherwise, open in the browser.
Sent from Surface Pro