Japan recorded its largest trade deficit ever in 2013 — some 11.5-trillion yen (US$113 billion). This record shortfall is primarily driven by the country’s growing need for imported energy, which is an entirely new phenomenon for a generation of Japanese. Prior to 2011, when an earthquake and resultant tsunami triggered the Fukushima meltdown, Japan had enjoyed more than three decades of energy surpluses. Post-quake, the decision of Japan’s government to shut down nuclear energy plants has caused a spike in the price of crude oil and other energy imports. Combine this situation with an overall increase of 25 percent in December imports, and you don’t have a very attractive situation for international investors. According to Takeshi Minami, chief economist at the Norinchukin Research Institute, “If a trade deficit as a result of high energy imports makes Japan look like a high-cost country, it may discourage moves by companies to have production centers in Japan and undermine Abenomics.” “Abenomics” is the nickname given to Japan’s recent economic policy shifts under Prime Minister Shinto Abe to lift the world’s third-biggest economy from its decades’ long recession. Now, however, battling a growing deficit adds another component to this complex situation, and may be enough to derail Japan’s recovery and inhibit investment entirely.
Aftershocks of Japanese Quake Still Felt 2.5 Years Later
Like This Article?
Now Get Mark's FREE Special Report:
3 Dividend Plays with Sky-High Returns
This newly-released report by a top-20 living economist details three investments that are your best bets for income and appreciation for the rest of the year and beyond.
Get Access to the Report, 100% FREE
It was the toughest week in the markets in recent memory, as the Dow Jones tumbled 3.52% and the S&P 500 fell 2.63%. The MCSI Emerging Markets Index was hit particularly hard and tumbled 3.90%. Apple Inc. (AAPL) was the sole exception in your Bull Market Alert portfolio, bucking the trend and eking out a 1.00% gain. Asian stock markets continued to tumble overnight, with the MSCI's broadest index of Asia-Pacific shares outside Japan falling 1.5% to a four-and-a-ha
PREMIUM SERVICES FOR INVESTORS
Dr. Mark Skousen
Named one of the "Top 20 Living Economists," Dr. Skousen is a professional economist, investment expert, university professor, and author of more than 25 books.
- Forecasts & Strategies
- Home Run Trader
- Fast Money Alert
- Five Star Trader
- TNT Trader
A former Wall Street financial advisor with three decades' experience, Bryan Perry focuses his efforts on high-yield income investing and quick-hitting options plays.
- Cash Machine
- Premium Income (exclusively for subscribers of Cash Machine)
- Quick Income Trader
- Breakout Profits Alert
- Hi-Tech Trader
Jim Woods has over 20 years of experience in the markets from working as a stockbroker,
financial journalist, and money manager. As well as a book author and regular contributor to
numerous investment websites, Jim is the editor of:
- Successful Investing
- Intelligence Report
- Bullseye Stock Trader
Bob Carlson provides independent, objective research covering all the financial issues of retirement and retirement planning. In addition, Bob serves as Chairman of the Board of Trustees of the Fairfax County (VA) Employees’ Retirement System, which has over $2.8 billion in assets.
- Retirement Watch
- Retirement Watch Spotlight Series
- Lifetime Retirement Protection Program
Jon Johnson's philosophy in investing and trading is to take what the market gives you regardless if that is to the upside or downside. For the past 21 years, Jon has helped thousands of clients gain success in the financial markets through his newsletters and education services:
- Investment House Daily
- Technical Traders Alert
- Success Trading Group
Used by financial advisors and individual investors all over the world, DividendInvestor.com is the premier provider and one-stop shop for dividend information and research.
Popular tools include our proprietary Dividend Calendar, Dividend Calculator, Dividend Score Card, and many more.
- Dividend Investor