World Trade Bottoms

Israel, Japan, France, Germany are all showing very minor economic expansions — an improvement form the recent freefall. However, green shoot expectations have been for a much greater expansion. Hence, even these positive prints manage to disappoint.

Here is what this improvement looks like in terms of global trade:

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0815-biz-webcharts

chart courtesy of NYT

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Source:
Hints of a Rebound in Global Trade
FLOYD NORRIS
NYT, August 14, 2009
http://www.nytimes.com/2009/08/15/business/economy/15charts.html

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