After two decades of a stagnant deflationary environment, the Bank of Japan is taking measures to stimulate and revive its economy. The Asian market rallied on the news which sent the yen to 3 1/2 year lows vs. the dollar.
As mentioned in an article by CNBC, “What Japan is doing is actually quite dangerous because they are doing it after 25 years of just simply accumulating deficits and not getting the economy going”. According to George Soros. “…the fall could be like an avalanche.”
With the U.S. and Japan attempting to stimulate growth, where does this leave investors?
— The Stock Enthusiast