The Literal 'Death Cross' That Could Permanently Harm The Japanese Economy

Sometimes in technical analysis you hear the term “death cross” to indicate when one indicator has crossed another indicator, signaling some bearish market action.

But here’s a literal death cross.

Michael McDonough — chief economist at Bloomberg LP — tweeted this chart of births and deaths in Japan.

As you can see, it was around the middle of the last decade when deaths began to outnumber births.

Even with Abenomics, it’s really hard to see how the Japanese economy can return to its golden years.

NOW WATCH: Money & Markets videos

Want to read a more in-depth view on the trends influencing Australian business and the global economy? BI / Research is designed to help executives and industry leaders understand the major challenges and opportunities for industry, technology, strategy and the economy in the future. Sign up for free at