The Bank of Japan's Low Rates Could Mean a Soft Landing

Japan's low rates have so far sent about 3 trillion offshore overwhelmingly to the US and Europe chasing higher returns. The Bank of Japan is now the largest owner of stocks in Japan, owning over 7% of all the publicly held corporations on the Tokyo Stock Exchange. If Japanese money too is going home that takes out two trillion dollar stacks that have been floating the US and European economies, and the currencies. This could further drive down, especially the US dollar, which has already fallen almost 15% since September.