Monday, February 17, 2014

Yesterday its China, today Japan.......loose monetary policy

Asian stocks rose, with a regional benchmark index poised to advance for the eighth time in nine days, after China’s new credit increased to a record in January, boosting optimism the world’s second-largest economy can maintain its growth momentum.
Yesterday its China, today Japan
Japanese shares surged and the yen sagged on Tuesday after the
(i) BOJ maintained unprecedented asset purchases; and
(ii) BOJ doubled loan programs aimed at stimulating bank lending and economic growth
Shankar Sharma Interview
Q : Are we going towards secular bull market.
A. Skeptical, because bull markets are based on micro economic fraud, you just print money & keep interest rates way below market rates; give free money to speculate & create an asset bubble.
All this is not sustainable in long run and have unintended consequences.

 

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