If the BoJ’s QQME with YCC were going to do something, it would have happened—or at least, begun—by now.
Will similarities with Japan’s banking practices of the 1970s and 1980s be the death knell for China’s economy?
The monetary data from Japan and Britain suggest that there is core weakness in the underlying economy.
Yields on 10-year JGBs and Bunds are approaching zero. But the meaning of near-negative interest rates is different in Japan than in Germany.
Could a sales tax hike in October 2019 help the BoJ finally reach its inflation goal?
Japan’s economy faces a cyclical threat from a massive inventory run-up, on top of its secular decay due to depopulation.
What good are productivity gains when demand is doomed to shrink with the population?