The Bank of Japan Unleashes Chaos

from Zero Hedge

Last week we wrote an article in which we explained “How The Bank Of Japan May Be About To Unleash A Global Selloff.” While some may argue if what we have seen in the past few days is a global selloff or just a significant repricing of risk, one thing is clear: as Kuroda plans his next step, he has certainly unleashed nothing short of global chaos.

Before we get into the specifics, consider the following apt summary courtesy of RBC’s Charlie McElligott, who writes the following in his morning wrap:

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