It was around autumn 2012 that Japan ramped up its central bank balance sheet dramatically.
Notably, that's also when their GDP peaked in dollar terms, and their stock market had its generational bottom.
Japan serves as an example that what's going on economically can be very different than the stock market.
Money printing doesnt lead to prosperity shocker
Interesting, thanks for the perspective nostr:npub1a2cww4kn9wqte4ry70vyfwqyqvpswksna27rtxd8vty6c74era8sdcw83a
Wild charts
Japan 10 years (give or take) ahead in everything, macro economic trends not excluded.
Great point ,the BOJโs balance-sheet surge marked a turning point for risk assets, even though GDP never recovered. A reminder that liquidity cycles often matter more to markets than growth cycles
I wish I had understood back then. Got rekt ๐ฉ
