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Impotent ‘seeds of worries’ all-in-style

BOJ Kuroda has now run out of words to move the market.

And so he boldly repeats/reiterates/reinforces/reminds ad nauseam

The BOJ won’t hesitate to take additional easing steps if needed to achieve its inflation target.

He might as well have threatened

Blah blah blah we will NIRP you DIE DIE.

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Kuroda’s bane; Kuroda’s seeds of worries

And then the question is has easing/ weaker Yen ever worked?

投資家は日本銀行について間違った問いを投げかけている。黒田東彦総裁が今年追加緩和するかどうかではなく、それが役に立つかどうかという問いだ。

黒田総裁が早ければ29日にも追加緩和に踏み切る理由は多い。しつこいデフレ、取るに足らない世界の成長、株式投資家の不安、なだめる必要のある政治家の焦燥感などだ。だが、そうすべきでない理由がある。日本の円安誘導策が裏目に出ているのだ。

28日・29日の金融政策決定会合に対するこの逆説的な見方は、2012年以降で3割下落した円相場の好影響を無視しているように思えるだろう。確かにこの間、日本企業は最高益を更新し、外国からの旅行者が増え、つい先ごろまでは株式相場が押し上げられてきた。だが、こうした恩恵も日本全体を豊かにはしていない。企業は利益を労働者に分け与えてはおらず、インフレ期待は黒田総裁の言葉を借りるならば「いくらか弱い」ままだ。

Google translated.

Investors are cast the wrong question about the Bank of Japan. Haruhiko Kuroda President is not on whether or not to further easing this year, but the question of whether it is useful.

Why go ahead even further easing to 29 days as early as Kuroda are many. Persistent deflation, inconsequential world of growth, equity investors of anxiety, but such as the frustration of politicians that need to appease. But, there is a reason why that should not be so. It weaker yen incentives of Japan has backfired.

This paradoxical views on the Monetary Policy Meeting of 28 days, 29 days, would seem to ignore the positive impact of the yen, which fell 30 percent in 2012 and beyond. Certainly during this time, Japanese companies to update the record profits, increasing travelers from foreign countries, have been up to with recently pushed up the stock market. However, these benefits also do not have to enrich the whole Japan. If the company is to impart benefits to workers Orazu, inflation expectations will borrow the words of President Kuroda “somewhat weak” Mamada.

He either refuses to see the writing on the wall or has a different agenda. So much like a gambler who refuses to leave even after losing his pants or something gross like this.

22 Dec 2015 The New Paper – Addict refuses to budge from gambling table even when menses stains her clothes

A menstruating woman refused to budge from the baccarat table she had been gambling at for more than 12 hours – not even when her menses stained her clothes, the chair and the carpet. A counsellor told The New Paper about the incident, which occurred in March at the Marina Bay Sands casino. He said the woman lost her job, her husband and her home due to gambling.

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Director, TerraSeeds Market Technician Pte Ltd. Trader, investor. @sohtionghum was picked ‘Top 70 Forex Twitter in 2015’. Operates multiple strategies.

“Dear reader, I do not have a financial license to give advice. I do not know you the reader. Your financial objective and risk tolerance may be different from mine. I am not responsible for any consequence of your action.

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