Why Traders Get The Bank Of Japan Wrong Again And Again
The reason observers misread the BOJ’s options so badly is they forget Japan really is a different economic animal.
Source: forbes.com
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The reason observers misread the BOJ’s options so badly is they forget Japan really is a different economic animal.
It’s great that Japan has worked out so well for Berkshire Hathaway. If only the last decade saw politicians in Tokyo take the kind of care with Japanese workers as they did the ranks of foreign investors pocketing the spoils.
More attention should be on Japan’s fragile regional bank problem. Rather than risk making new loans, they've been loading up on bonds.