Exactly a year ago, Japan announced its monstrous monetary stimulus, beating even Helicopter Bernanke who had just started its fourth round of QE. The Japanese government was fed up with deflation and decided to stimulate their economy with massive liquidity (QE).The Nikkei index started an historic rally with a gain of 50% in less than half a year (see barchart on the chart below). The value of the Yen dropped like a stone (see black line on the chart below). The aim of a weaker Yen was to stimulate exports. So it should have been a win-win-win situation, at least on paper.
Meet Miles Franklin investment advisors, attend a Q & A session or join us at an upcoming conference.
Sprott Natural Resource Symposium
Start date: July 25, 2017
End date: July 28, 2017
Location: The Fairmont Hotel Vancouver 900 W Georgia St, Vancouver, BC V6C 2W6, Canada
The Vancouver Natural Resource Symposium is a dynamic event to attend—and be a part of. We invite you to join us and you’ll be rubbing shoulders with high-net-worth, like minded individuals whose collective knowledge is considerable. Andy Schectman will be addressing the general session Wednesday, July 26 from 9:45 to 10:00 am and then holding a special workshop from 2:20 to 2:50 pm in the Boardroom. Please call our office for more details. Stop by Booth C in the Pacific Foyer any time to contect. For travel details, please contact Opportunity Travel and mention that you are a Miles Franklin client.