How Are People Reacting To Japan's Recession?
Japan surprised many investors when it officially entered a recession earlier this week.
Given the increasingly important connection between social media and the stock market, it's important to track what users are saying about the country.
Many point out how shocked the market was:
Japan's economy shrinks. In a survey of 18 economists earlier this year, how many predicted that? Spoiler: 0. http://t.co/3OMDRD19il
— ian leslie (@mrianleslie) November 18, 2014
#TDSBreakingNews Japan falls into surprise recession. Japan blushes, shoves friend, says "you know I hate surprises... You're too much!"
— The Daily Show (@TheDailyShow) November 18, 2014
Others looked forward:
After taking debt to GDP to 230%, Japan is weighing yet ANOTHER fiscal stimulus, government spending plan after falling into #Recession
— Lawrence McDonald (@Convertbond) November 18, 2014
And at the rest of the world:
— Jonathan Chevreau (@JonChevreau) November 18, 2014
Global growth skids to 2.6% annualized after Japanese recession shock, 0.1%-points below potential, says JP Morgan.
— Jamie McGeever (@ReutersJamie) November 17, 2014
While many are still asking questions:
Question about Japan. When people say it sank into recession, is that just based on the "two quarters of contraction" definition?
— Joseph Weisenthal (@TheStalwart) November 17, 2014
Abe and money-making lovers think #Japanese recession is due to the VAT raise. But this is only the consequence of a macro disaster.
— Javier Santacruz (@santacruz_s_a) November 17, 2014
Be careful what you ask for: Japan's sales tax results in.. households & companies delaying purchases. #Recession
— Gemma Godfrey (@GCGodfrey) November 17, 2014
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