Why Japan is now the land of the rising stocks
A leadership change and the start of unprecedented collaboration between the government and the Bank of Japan have grabbed the investing world’s attention.
This month, the BOJ announced an aggressive plan to buy assets (mainly Japanese government bonds), accounting for about 60% of its GDP. It’s an effort to double Japan’s monetary base and drive inflation up to 2% within two years — vital goals for a country frozen by deflation.
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