Toyota Tanks After Massive Recall
Toyota Motor (TM) has taken a nose dive amid a massive recall leading Japan related ETFs lower. Toyota has recalled 2.3 million vehicles in the U.S. to fix a gas pedal problem.
PJO
Japan Returns to Growth
After four consecutive quarters of declining GDP, Japan’s recession is over. The world’s second largest economy reported that Q2 GDP grew an annualized 3.7% on the strength of exports and government stimulus spending.