Bank of Japan's ETF buying hits yearly record

in #stocks6 years ago

Purchases top $53bn as central bank tries to calm jittery market

Interesting article about how the bank of Japan is buying Japanese stocks through ETFs. This is not going to end well. Why the government thinks buying stocks with taxpayer money is a good idea is beyond me. I wouldn't want to be in that market....

Read the full story here...
https://asia.nikkei.com/Business/Markets/Bank-of-Japan-s-ETF-buying-hits-yearly-record

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Stock markets around the world are like roller coasters!

Dow finishes down 500 points.....

Stocks around the world are up big today, of course that could change at any moment, lol....

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