Wow! There was no shortage of news in Financial Markets this week so we’re pleased that the best was left to last from those great central bankers of Japan. Bank of Japan (by a 5-4 vote) raised its bond-buying program from JPY 70 trillion to 80 trillion… and triple its ETF buying to JPY 3 trillion Not quite […]

Stocks rise on back of rising global growth prospects, the headlines say. What they should say is, “stocks rise on the back of central bank jawboning, more stimulus needed”. Yep, it was US Fed speaker, james “Jim” Bullard (the name says it all), who chimed in Wednesday last week and said, “based on the data (lack […]