JAPAN-Nikkei-Time to go back up? Message Board

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Strategies & Market Trends : JAPAN-Nikkei-Time to go back up?

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From: Julius Wong	4/14/2011 1:05:20 PM
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Deepest Japan Slump Since Lehman Fails to Derail Predictions for Rebound By Aki Ito and Mayumi Otsuma - Apr 14, 2011 An escalation in Japan’s nuclear crisis has failed to dissuade analysts from forecasting an economic rebound starting next quarter, an outlook that hinges on a recovery in business and household confidence. Gross domestic product may shrink 3 percent in April-to- June, the most since the aftermath of the 2008 Lehman Brothers Holdings Inc. collapse, according to the median of 18 estimates in a Bloomberg News survey in the past week. The GDP loss will be more than recouped by year-end, with 1.9 percent and 5.5 percent annual growth rates in the final two quarters, the survey shows. bloomberg.com

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