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  • The Market the Central Bank Bought

    The Market the Central Bank Bought0

    A Japanese national flag flies at the headquarters of the Bank of Japan in Tokyo. Photo: kimimasa mayama/European Pressphoto Agency The Federal Reserve’s Open Market Committee is meeting this week, and we’ll learn Wednesday if it will expand its purchases of Treasurys and private bonds. Which makes it a good moment to point out that

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  • The Market the Central Bank Bought

    The Market the Central Bank Bought0

    A Japanese national flag flies at the headquarters of the Bank of Japan in Tokyo. Photo: kimimasa mayama/European Pressphoto Agency The Federal Reserve’s Open Market Committee is meeting this week, and we’ll learn Wednesday if it will expand its purchases of Treasurys and private bonds. Which makes it a good moment to point out that

    READ MORE
  • Japan’s Stock-Playing Central Bank Racks Up $56 Billion Gain

    Japan’s Stock-Playing Central Bank Racks Up $56 Billion Gain0

    TOKYO—One of Japan’s biggest stock investors just reported record gains of more than $50 billion after a well-timed bet. But the person who engineered the windfall won’t be getting a Wall Street-style bonus this holiday season, and some have even started saying he shouldn’t play the market so much. That’s because the hot-hitting portfolio manager

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