According to Danny Bachman, the Globalist's chief economist, the recent data on Japan's questionable economic recovery, while mixed, is more good than bad. Excerpted from the February 15 edition of the Investor's Business Daily .
Many analysts say the seeds of a recovery are taking root.
The broadest measure of Japan's global trade surplus shrank in 1999 for the first time in three years. Of special note were rising imports of semiconductors and oil, key goods for economic activity. As we know in the United States, strong imports go hand in hand with strong economic growth. All rights reserved.