A good strategy for trading is... the opposite of having a bad strategy.
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Japan's economy rebounds on brisk spending but trade rifts cloud outlook
Japan’s economy grew more than expected in the second quarter, helped by strong household and business spending and recovering from a contraction earlier this year, but global trade tensions loom as major risks to the export and investment outlook. While analysts expect the economy to sustain a recovery, some warn escalating global trade frictions could hurt exports, cool capital expenditure and weigh on growth. Yusuke Ichikawa, senior economist at Mizuho Research Institute, said global trade conditions remain a risk for the rest of the year, even with support to growth from domestic drivers. “If the trade ... (full story)