COTD: Japan’s Bear Market In Children
COTD = Chart of the Day
Stunning demographic data from Japan.
The country’s bear market in children almost matches its 30-year plus bear market in stocks, where the Nikkei 225 is still 17 percent below its December 29, 1989 price peak. A prereq to long-term, vibrant economic growth is a growing labor force enhanced by productivity gains.
An estimated 42% of adult Japanese women may end up never having children, the Nikkei newspaper reported, citing a soon-to-be-published estimate by a government research group..
Birthrates are a critical issue for Japan and other countries with rapidly aging populations. The island nation posted the fewest births in its recorded history last year, continuing a seven-year decline. With a smaller workforce and fewer taxpayers to sustain the world’s third-largest economy, Japan has become one of the world’s most indebted countries. – Bloomberg
Source: https://global-macro-monitor.com/2023/08/09/cotd-japans-bear-market-in-children/
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