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.
Total Wealth Symposium
Start date: September 21, 2017
End date: September 23, 2017
Location: The Diplomat Beach Resort 3555 South Ocean Drive Hollywood, FL 33019
Miles Franklin will be a participating in the 16th Annual Total Wealth Symposium in September! It is an all-star roster of industry experts at a grand location on Florida’s Atlantic coast. Andy Schectman will be speaking on Friday, September 22 at 4:00 PM. Andy will also be participating on the “Rare Tangible Assets” panel with other industry experts Friday at 5:20 PM. This event has limited attendance and will sell out quickly!