Cartoon of the Day: BOJ to the Rescue?

09/13/16 03:18PM EDT

Cartoon of the Day: BOJ to the Rescue? - Nikkei  BOJ cartoon 09.13.2016

Sure, this is normal. The BOJ (already a top-five owner of 81 companies in Japan’s Nikkei 225) is on course to become the #1 shareholder in 55 of those firms by the end of next year, according to Bloomberg. Meanwhile, BOJ Governor Haruhiko Kuroda almost doubled his annual ETF buying target last month.

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