Author: Sam Bourgi

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Japan Second-Quarter GDP Revision Sparks Recession Fears

Sam Bourgi

Japan’s economic expansion cooled more than initially forecast in the second quarter, revised data showed, complicating the government’s planned consumption tax hike later this year. Ironically, the long-delayed sales tax increase is expected to shrink Japan’s GDP output later this year, plunging the country closer to recession. Japan GDP Revised Downward Japan’s gross domestic product […] The post Japan Second-Quarter GDP Revision Sparks Recession Fears appeared first on CCN.com

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Treasury Yields Surge With Stocks After China Hoodwinks Investors

Sam Bourgi

U.S. government debt yields rose along with stocks Thursday after China’s Commerce Ministry confirmed that in-person trade talks with Washington would resume in October. Investors clearly took China’s bait, setting the stock market up for a potentially disappointing start to the fourth quarter. Treasury Yields Rise as Stock Market Soars Demand for government-backed Treasurys weakened […] The post Treasury Yields Surge With Stocks After China Hoodwinks Investors appeared first on CCN Markets