Fairy tales can come true, it can happened to YOU.......BOJ to own more of Japan's equity market

catch22

An update to previously reported information:
---the theory of economics
---this time is different
---can you say, "Fragile"

Some will think, so what? Japan is the 3rd largest economy in the world and what its policies are and produce, are of consequence.
Per reliable sources: The economy of Japan is the third-largest in the world by nominal GDP and the fourth-largest by purchasing power parity (PPP). and is the world's second largest developed economy.

Note: we do not currently hold any direct investments in the Asia areas

http://www.bloomberg.com/news/articles/2016-08-14/the-tokyo-whale-s-unstoppable-rise-to-shareholder-no-1-in-japan

Regards,
Catch

Ted

@catch22: Never been a fan of "The Land Of The Rising Sun" since the FundAlarm days, and have stateed so many many times !
Regards,
Ted
Here's Frank:

JohnChisum

The Nikkei has done well the past couple or so years, but since late last year it has stumbled. I always keep a toe in Japan and sometimes more than that. Right now it's a big experiment they are trying there and the world is watching.

heezsafe

At the end of the first quarter of this year, Switzerland’s central bank held $119.7 billion in publicly traded stocks. The Swiss National Bank’s (SNB) web site indicates that it is now allocating 20 percent of its foreign currency reserves to stock investing. Twelve days ago, SNB made its quarterly filing with the U.S. Securities and Exchange Commission showing large positions in individual U.S. stocks.

In just five tech names, SNB held over $5.3 billion with $1.489 billion invested in Apple; $1.2 billion invested in Alphabet, parent of Google; $1 billion in Microsoft; $803 million in Amazon and $741.5 million in Facebook. [...] The Swiss National Bank owns over $1 billion in two other names in the DJIA: $1.17 billion in Exxon Mobil and $1.032 billion in Johnson & Johnson. Swiss National Bank positions of $500 million or more that are components of the DJIA include: AT&T ($862 million); General Electric ($823 million); Verizon ($739.6 million); Procter & Gamble ($718 million); Pfizer ($644 million); Coca Cola ($582 million); and Chevron ($557 million).

Switzerland’s central bank has invested zero dollars in two DJIA components — the two big Wall Street banks, Goldman Sachs and JPMorgan Chase.

The Swiss National Bank is just one of more than a dozen central banks that are now investing in publicly traded stocks – a policy that looks like a train wreck in motion to quite a number of Wall Street veterans.

http://wallstreetonparade.com/2016/08/swiss-central-bank-holds-5-3-billion-in-amazon-apple-google-facebook-and-microsoft-stocks/

Of course, our Federal Reserve would never ever do anything of the kind, so an audit is unnecessary--- pinky swear!

DanHardy

heezsafe said:

At the end of the first quarter of this year, Switzerland’s central bank held $119.7 billion in publicly traded stocks. The Swiss National Bank’s (SNB) web site indicates that it is now allocating 20 percent of its foreign currency reserves to stock investing. Twelve days ago, SNB made its quarterly filing with the U.S. Securities and Exchange Commission showing large positions in individual U.S. stocks.

OK, where will this end?

Or, how will it end?

TSP_Transfer

@JohnChisum said "I always keep a toe in Japan,," My Japanese exposure seems to be in MAPIX with a 32% Japan allocation (50 % of it's benchmark) and WAIOX with a 24% allocation in Japan mostly in the micro/small -cap space.
Conveyor belt sushi and "dollar store" bargains in Japan ,anyone?.
From WAIOX;
".we achieved significant outperformance from stock-picking in Japan. The strong return from the Japanese stocks in the Fund far exceeded the return of the benchmark’s Japanese weighting. This was largely due to consistently strong performance of our high-quality consumer-oriented names like Gurunavi, Inc., Kura Corp. and Seria Co. Ltd. Gurunavi operates a multi-language search engine platform for restaurants in Japan. Kura, which can be found via that search engine, is an innovative “conveyor belt” sushi restaurant. Seria, a 100-yen discount store (the equivalent of U.S. dollar stores)), should benefit from a stronger Japanese currency.
https://secure.wasatchfunds.com/Our-Funds/Commentary.aspx?fund=WAIOX#fullcommentary
Speaking of Japan and an actual Fairy Tale Ending.Congrats.An honor to your country,your family and the game of baseball !