Now a days it looks like just about everyone’s printing money – first the ECB with its massive bailout program, then the Fed’s infamous and coveted QE3, and now yet another central bank joins the club: Japan. Today, the Bank of Japan took a surprising move, announcing an aggressive expansion of its monetary easing program. The policy board detailed that they would increase the size of its asset-purchase program to a whopping $1.01 trillion and extend its deadline by six months to the end of 2013. With three global heavy hitters lining up to pump trillions of dollars into their economies, many investors are now trying to quantify and project the implications of these massive programs – will money printing “stimulate” the economy, or will the onslaught of currency supplies only do more harm than good? [see also Seven Simple & Cheap All-ETF Model Portfolios]. Global Market Overview: Japan Makes Bold Move On [...] Click here to read the original article on ETFdb.com. Related Posts: ETF Insider: Bulls Running Low On Fuel, Catalyst Needed ETF Insider: Will Holiday Cheer Be Enough? Wednesday’s ETF Chart To Watch: CurrencyShares Japanese Yen Trust (FXY) 5 ETF Superstars of 2012 ETF Insider: Bulls Look To Data Before Resuming Rally
Now a days it looks like just about everyone’s printing money – first the ECB with its massive bailout program, then the Fed’s infamous and coveted QE3, and now yet another central bank joins the club: Japan. Today, the Bank of Japan took a surprising move, announcing an aggressive expansion of its monetary easing program. The policy board detailed that they would increase the size of its asset-purchase program to a whopping $1.01 trillion and extend its deadline by six months to the end of 2013. With three global heavy hitters lining up to pump trillions of dollars into their economies, many investors are now trying to quantify and project the implications of these massive programs – will money printing “stimulate” the economy, or will the onslaught of currency supplies only do more harm than good? [see also Seven Simple & Cheap All-ETF Model Portfolios]. Global Market Overview: Japan Makes Bold Move On [...]
Click here to read the original article on ETFdb.com.
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