bluesky.greentrees comments

BOJ is committing financial hara-kiri in the long-term, by buying not only JGBs but ETFs & J-REITs.

As a central bank it can conduct monetary policy via the bond market and interest rates. To buy stocks it is interfering into market & enterprises market pricing, creating mass distortion in the economy.

Now that Nikkei is at 21 year high, BOJ should back-off and stay within its realm of interest rates. 

As JeffLee has pointed Abenomics riches have been confined to an extremely small group of stakeholders while the rest of population are left behind. 

Investors should take advantage of BOJ and dump stocks at it, and shift to overseas stocks & enterprises.

BOJ unconventional experiment will end up in tears for Japan; how can BOJ support both bond & stock markets when time come for it to exit? This is not an academic issue, as other major central banks have already started the process to wind down their extreme monetary measures. BOJ should at least wind down its stocks intervention measures in ETFs & J-REITS if it still decides to "own" the JGB market.

Why tax cuts for MNCs & big firms & banks when they are making record profits?

If it is truly about small businesses, that employ the small guys, than the tax cuts should be for them, those with revenues of less than US$50mln.

All these tax cuts are about the lobby power of the big corporations and little about the men on the street. This is another US Congress regular charade.

The banks are making record profits. Banks are strong, their balance sheets are fine. There is no banking crisis in Japan. Time to end super easy policy & instead channel money directly to help young families in the big cities and cut the costs of bureaucracy.

Mr Kuroda & BOJ have turned a blind eye to the real issues of costs for the majority of Japanese who now live in big cities like Tokyo & Osaka.

BOJ has been using unrealistic inflation indicators that grossly understate the true experiences of city folks.

With property prices in Tokyo and Osaka sky rocketing in the past few years, and even Ginza land valued at the highest in the world, the bureaucrats & Mr Kuroda are living in ivory tower.

Young families have to pay very high prices for apartments in these cities. Many cannot afford. Those who can afford are actually helped by their parents. Rental costs have been increasing.

Though property prices are low & declining in much rural countryside, the young have been increasingly moved to the cities, where jobs opportunities are available.

BOJ extreme super easy policies have caused serious cost inflation to city dwellers, where most of the people now reside. The policy has mainly benefited a small section of the super rich, the bankers, big property owners and rich politicians.  Kuroda inflation indicator is flawed.

Trump this round has proven that he loves golf with Abe more than the huge trade deficit US has with Japan. Trump promised to have a much stronger Yen and correct the trade deficit. Trump what doing you? Are you going to talk about the Yen?

Abe priorities are to ensure LDP in power, lots of fiscal spending, land, projects & funds to "interested" parties, business as usual, use Kim Jong An as bogeyman, etc. In Japan, LDP and the 60s, 70s & 80s male elders rule.

The longest bull run, with the longest serving PM, in the fastest aging & declining population developed nation. What an irony.

Without Abenomics housing will be a lot cheaper in Tokyo & Osaka where the young live. With Abenomics young families face the twin blow of stagnant salaries & much high housing costs. Abenomics are for the wealthy who have land & stocks in the big cities.

Both JGB & Nikkei markets are rigged by Kuroda BOJ. The moment zero rate is abandoned, both bonds & stocks will crash. It just a matter of time.

Rightly so. Why put in banks for negative rates & charges?

Why put in stocks when it will sooner or later crash from 2 decades high, as the domestic economic shrink smaller & smaller?

The savers had been inflicted and will continue to do so since zero rate policy & bigger government spending trend 20 years ago.

Twisted fear mongering won. Kim Jong Un is Abe best friend.

Buy on rumor, sell on fact.

Higher chance of war, when constitution changed.

Vast majority Japanese know that their LDP politicians are self-interests motivated and will not keep their promises. Its business as usual, and they are willing to go along.

Of course the vast majority of citizens will not have any net real benefits. The monetary & fiscal policies are for rich bankers & big landlords & politicians. It has always been this way & proven, except for the political narrative to blur the population. The vast savings of the hardworking citizens have been quietly squandered, the social security funds are grossly inadequate for future liabilities, the government debts continue to grow at unsustainable pace with the LDP government spending like mad as a bigger and bigger government. While Kuroda is pumping them to continue their ill discipline. Enjoy it while it last.

Kuroda is manipulating the Yen.....hahaha

Fund managers are saying, Fear Not, this going to last a long time...bull, bull, bull.

It's exactly because of Abe's hawkish  & very pro-US approach, the probability of N. Korea targeting Japan with missiles increases.

The citizens have fallen for the LDP propaganda.

Trump is wrong on many things, but maybe right that Yen is undervalued & US Dollar overvalued...in short USA is not competitive.

LDP with its political & military direction will move Japan into military conflict with North Korea and then China.

USA later will abandon Japan when the "price" is too high, as with USA consistent behavior in past 20 years, eg Mubarak, Sadam Hussein, Gaddafi, etc.

Japan ignored debt/finance & social security problems will unraveled. There will be a domestic crisis, as Kuroda artificially keep rates at zero for too long. Borrowing costs at zero without proper market adjustment  sustained all kind of rots in the system temporarily, making the problem a lot bigger and worse. Kuroda approach is a myopic short-term fix, as it is near impossible for LDP to really shoot the 3rd arrow of reforms. Real reforms in Japan means the elimination of the LDP system of patronage and parts of Japanese culture/system that Japanese hold so dear to. Japan is likely in a sure slow economic & social decline a- coming, despite the hype of Olympics, etc. Japan is into the winter cycle of its history.

USA cannot compete in Japan, unless Yen is a lot stronger.

Trump forgot about Japan trade surplus & Yen.

US cannot is not competitive in Japan, unless Yen appreciates to about 90 against the Dollar.

Japan Inc & the State is one giant octopus entrenched Enterprise; it was, is and will remain big, fat, unproductive sucking up and dampening much of Japanese creativity,  small & medium size enterprises growth & profitability, etc with it business as usual attitude & power structure. Without the recent Asian-fueled tourism boom the demise of small & medium enterprises would have been much faster. BOJ is part of this Enterprise.

Between more money & people's safety plus environmental health, Kawamura has chosen money. Appointing a business capitalist to resolve an environmental crisis is basically getting a Square Peg to fix a Round Hole. Fukushima nuclear crisis Chairman needs to be replaced by an environment/nuclear expert.

Deepest condolences.

Cancer mainstream treatments should be complimented with the following to maximize chances of full recovery:

1. Daily drinking of healthy clean water including slices of organic lemon & lemon grass in them.

Daily breathing of clean healthy air especially in forest or garden areas, with deep breathing methods like 4 sec inhale, 7 sec hold & 8 sec exhale, that expend the lungs & abdominal area. Nose-in, mouth-out western way as well as nose-in, nose-out gentle gigong.

Daily walk of 20 to 40 mins under direct morning sun, consuming vitamin D3 & bone broth to help bone marrow recover to produce healthy blood cells.

Eat lots of dark green leafy vegetables, including bitter gourd, celery, parsley, wheatgrass, either raw or very lightly cooked. Seaweed and fruits like kiwi, soursop, mangosteen, berries, green apples & apricot & bitter almonds (also eat the seeds), etc. Avoid read meat, fried stuff and all processed food. Total ban on refined sugar. 

Adopt a merry heart & joyful attitude. Laugh loud and sing and smile often.

Have a disciplined body clock and good sleep at night.

Be in the company of encouraging prayerful people.

Trust God with all your heart. (most important for those who are believe God).

Big money spending tourists are mainly Chinese, Hong Kongers, Taiwanese, Koreans and South East Asians. But it is still too difficult for Japanese politicians to acknowledge and appreciate them, because of "superiority" complex.

Nomura had done this at least twice and did not profit; in the 90s with Guy Hand, and 2009/10 buying Lehman operations.

Patients who can afford these drugs live much longer, most likely because they have more money & updated knowledge & discipline to watch their diet (avoiding sugar & processed food & preservatives laced stuff) taking lots of organic vegetables & seeds & fruits, do deep breathing & other related light regular exercises with some direct morning or evening sunlight in "trees-rich" good-air environment, better emotional (laughing, singing, praising, giving thanks)  & spiritual support (read Bible verses & trust God), watch their body-clock, supplement their diet with traditional Chinese or Indian herbs, drink clean water plus lemon water with peel, & other measures, etc. Technically, oncologists are more experienced and putting less dosage of chemo drugs, plus more accurate & timely monitoring devices...most likely NOT BECAUSE BIG PHARMA has discovered much better drugs or cure (with such profit margins and huge markets, there is absolutely little to no business interests to find a real effective cure). Eat, drink, think, exercise, sleep in natural healthy clean "environment"...we should live better & longer...but again we will surely die.

Sangetsu03 wrote thoughtfully and well. Strangely got lots of thumbs down. What is happening to law & order? Professed muslims must report on their won radicalized people even family members if indeed it is a religion of peace; for that person, sake, for their family, for the nation, for the society well being. Violence in such extreme form has no place in any civilized society.

Japan very strict screening has worked.

Will "human rights" western nations implement tough draconian laws on such criminals?

Can talkers and violent men live together?