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To: MythMan who wrote (427865)	12/10/2014 9:56:40 PM
From: Broken_Clock	Respond to of 436258

Japan's core machinery orders, a leading indicator of capital spending, snapped a four-month rising streak in October. Core machinery orders fell 6.4 percent on month, worse than expectations for a 2.4 percent decline in a Reuters poll and slower than September's 2.9 percent increase. Read More Japan shocks as economy slips into recession Year-on-year, machinery orders fell 4.9 percent in October, worse than expectations for a 0.3 percent decline. "Ironically, I think in a policy-driven market, bad news is actually going to be good news," Joe Zidle, portfolio strategist, Richard Bernstein Advisors told CNBC. "The thing people fear more is actually a good number because that would have removed some of the impetus to really drive stimulus hard going forward. So with the snap election coming up next week and with the postponement of the sales tax, I think it gives policy makers in the central bank and the Japanese government a launch pad to unleash as much as quantitative easing as they can muster."