Five Things Everyone Will Be Talking About Today
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Japan limps into the second quarter, the franc surge rips into the Swiss economy and Pimco considered tapping up Goldman's Gary Cohn. Here are some of the things that people are talking about in markets today.
The economic data out of Japan this morning didn't quite stack up against an eleven day rally on the Nikkei 225. Household spending dropped in April, people left the job market and the Bank of Japan's key inflation gauge, stripped of fresh food and the effects of last year's sales-tax hike, slowed to zero. Japan's economy limped into the second quarter.