Japan celebrates “the end of monetary sanity”

The Nikkei continued its celebration of the end of monetary sanity (I could certainly argue that it ended a while ago), the further suffering of savers and the further damage to the profitability of banks with a 2% rally to a one month high. Japanese yields are now negative out to 9 years with the 10 yr yield getting close at .05%, down by half overnight. Imagine how amazing the Japanese economy would have performed over the past 25 years if only extraordinary monetary policy works. Structural reform (labor market liberalization) and immigration is what will result in a faster growth rate in Japan. I’ll also say again, inflation/deflation are only symptoms, not the disease.

Peter Boockvar, Managing Director & Chief Market Analyst, The Lindsey Group

My quote of the day arrives early…thanks Peter!

What's been said:

Discussions found on the web
  1. Zeitarbeitsfirma Pflege Wolfsburg commented on Sep 15

    … [Trackback]

    […] Info to that Topic: thereformedbroker.com/2016/02/01/japan-celebrates-the-end-of-monetary-sanity/ […]

  2. Eat Verts commented on Sep 22

    … [Trackback]

    […] Read More Info here to that Topic: thereformedbroker.com/2016/02/01/japan-celebrates-the-end-of-monetary-sanity/ […]

  3. How to Order THC concentrates online commented on Sep 23

    … [Trackback]

    […] Find More on on that Topic: thereformedbroker.com/2016/02/01/japan-celebrates-the-end-of-monetary-sanity/ […]

  4. bitcoin evolution review commented on Sep 24

    … [Trackback]

    […] Info on that Topic: thereformedbroker.com/2016/02/01/japan-celebrates-the-end-of-monetary-sanity/ […]

  5. Strap-On Harness commented on Oct 12

    … [Trackback]

    […] Read More Info here to that Topic: thereformedbroker.com/2016/02/01/japan-celebrates-the-end-of-monetary-sanity/ […]

  6. fake omega seamaster chronometer 300m commented on Oct 23

    … [Trackback]

    […] Here you can find 26583 more Information on that Topic: thereformedbroker.com/2016/02/01/japan-celebrates-the-end-of-monetary-sanity/ […]

  7. tangerine online commented on Nov 14

    … [Trackback]

    […] Information to that Topic: thereformedbroker.com/2016/02/01/japan-celebrates-the-end-of-monetary-sanity/ […]

Read this next.