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Japan's Tankan Business Confidence May Fall to a Five-Year Low

Discussion in 'Finance & Banking' started by Tropo, 25th Sep, 2008.

  1. Tropo

    Tropo Well-Known Member

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    Japan's Tankan Business Confidence May Fall to a Five-Year Low

    ``The consensus view is that Japan is already in a recession,'' said Takehiro Sato, chief Japan economist at Morgan Stanley.
    ``We expect the September Tankan to reinforce the market's perception that the recession could be longer and deeper than generally believed.''
    Bloomberg.com: Worldwide