Japanese Traders Are Getting Angry: “The BOJ Is Destroying The Functioning Of The Market”

Monday, April 4, 2016
By Paul Martin

by Tyler Durden

“Among central banks, the BOJ is the one that destroys functioning markets the most,” Izuru Kato, the president of Totan Research in Tokyo was quoted by Bloomberg. “Companies will slash staff and scale back operations where activity is grinding to a halt, exposing markets to spikes in rates when the time comes for normalization.”

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