Japan has been positioned as quite unique country in the world. This country has been in deflated economy over 30 years. Today, you can buy a cup of coffee at 100 yen in McDonalds in Tokyo and 30 years ago, same price. It’s not a normal situation but it happened in Japan until now.
Japan’s CPI number for last December came out as 4% up from an year ago. Last November, it was 3.7%.
Yes, Japan is in inflation and that’s why Bank Of Japan is trying to do something similar with US FED. It’ll be a huge change for Japanese people and also for other Asian countries.
US stock markets was downed again. Recession worries are spreading widely into the equity markets. Today, investors were watching closely on Netflix and its stock price rallied 6.1%.
That’s based on resignation of one of co-founder and bigger subscribers during the last quarter. Investors was expecting around 4 million new subscribers but it came out as 7.6 million new subscribers.
