{"id":52364,"date":"2016-04-27T09:19:11","date_gmt":"2016-04-27T13:19:11","guid":{"rendered":"http:\/\/www.hedgeco.net\/news\/?p=52364"},"modified":"2016-04-27T09:19:11","modified_gmt":"2016-04-27T13:19:11","slug":"haruhiko-kurodas-embattled-hedge-fund","status":"publish","type":"post","link":"https:\/\/hedgeco.net\/news\/04\/2016\/haruhiko-kurodas-embattled-hedge-fund.html","title":{"rendered":"Haruhiko Kuroda\u2019s Embattled Hedge Fund"},"content":{"rendered":"

(Barron’s) Moments before Tokyo trading opened yesterday, the Zero Hedge blog fired out a tweet that said it all: \u201cOnly 20 minutes until Japan pretends it has a market.\u201d<\/p>\n

Since April 2013, the Bank of Japan has steadily morphed into a giant hedge fund. First, it cornered the bond market, buying up more than twice the debt the government issues each year. Now, it\u2019s dominating stocks with gargantuan purchases of exchange-traded funds, according to estimates from Goldman Sachs and others. By some measures, the BOJ is a top-10 holder of almost all Nikkei 225 companies – a kind of stealth nationalization of Japan Inc.<\/p>\n

To read this article:<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

(Barron’s) Moments before Tokyo trading opened yesterday, the Zero Hedge blog fired out a tweet that said it all: \u201cOnly 20 minutes until Japan pretends it has a market.\u201d Since April 2013, the Bank of Japan has steadily morphed into […]<\/p>\n","protected":false},"author":4,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4,1],"tags":[],"class_list":["post-52364","post","type-post","status-publish","format-standard","hentry","category-syndicated","category-uncategorized"],"_links":{"self":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/52364","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/comments?post=52364"}],"version-history":[{"count":1,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/52364\/revisions"}],"predecessor-version":[{"id":52365,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/52364\/revisions\/52365"}],"wp:attachment":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=52364"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=52364"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=52364"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}