Japan records ¥17.3 bil trade surplus in October

That smells like bovine excrement to me. You can put a ¥100 Daiso chocolate into a Mitsukoshi wrapper, but it’s still a ¥100 Daiso chocolate.

Excellent news.

(Please don't tell Mr. Trump)

So exports fell y-on-y, more so for imports, which tells us slumping growth in the coming months. And yet most papers chose a mere increase of a bump in trade surplus? What is going on Japanese media?

And yet most papers chose a mere increase of a bump in trade surplus? What is going on Japanese media?

Because you don't understand economics. A trade surplus means Japan got richer-it made money in October-

Sounds of one hand clapping. As the Japanic Maru continues sinking into the briny, the orchestra faithfully remain on the poop deck playing ditties for the true believers. When they start celebrating a trade surplus that was only made possible because imports slumped more than exports fell, it’s time to for a funeral dirge.