Perspectives Blog

Does Japan’s sell-off present buying opportunities?

Daisuke Nomoto, Senior Portfolio Manager | February 10, 2014

…Japan (BoJ) intends to increase the monetary base by ¥60trillion to ¥70trillion annually. With the Federal Reserve slowing its pace of money expansion, we expect Japan’s monetary base to grow at a relatively higher rate. The BoJ is committed to a policy of large-scale purchase of Japanese government bonds (JGBs) and risk assets to stimulate economic growth and bring up inflation. If this policy is successful in increasing growth and inflation, i…