The BOJ said a key goal of its new easing measures was to get local investors back into Japanese stocks, The Wall Street Journal reports.
“Over the years, Japan’s slump became a vicious circle, with wages and asset prices stagnant. Investors became risk-averse, keeping much of their money in bank accounts and staying away from riskier assets, like stocks. That, in turn, has limited the ability of Japanese companies to tap capital markets to fund growth, putting a damper on the broader economy,” the WSJ said.
“The BOJ is hoping to break the cycle. Early signs are promising,” the newspaper adds.
WisdomTree Japan Hedged Equity
