BOJ asset purchases: Is Japan sowing seeds of next asset bubble?
from CFA Institue's Enterprising Investor
Japan's Nikkei index is on fire. In just the past six months, the benchmark is up 55 percent as of this writing. Why? Pretty simple: New Bank of Japan Governor Haruhiko Kuroda has announced that the Bank of Japan will begin purchasing approximately $70.4 billion worth of bonds annually in a major new quantitative easing program.
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