The Traderszone Network

As I’ve outlined in recent missives, Japan is at the forefront for Keynesian driven Central Bank monetary policy. Japan was not only the first Central Bank to start ZIRP and QE, it has also launched the single largest QE program in history (a single QE program equal to over 25% of Japan’s GDP).

However, in the last few months, the Head of the Bank of Japan, Haruhiko Kuroda has lost credibility for the markets. Specifically:

1)   The markets only rallied for a day after he announced NIRP.

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A large holder of Valeant Pharmaceuticals International Inc.’s bonds has called a default as a result of the Canadian drugmaker’s failure to file its annual report on time.
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Countries around the world have very different — and sometimes confusing — standards for moderate or “low-risk” alcohol consumption.

This new survey says that the streaming pioneer has better original content than archrival HBO.

Submitted by Michael Snyder via The Economic Collapse blog,

At this time of the year, millions of Americans are rushing to file their taxes at the last minute, and we are once again reminded just how nightmarish our system of taxation has become. 

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Even though the energy market pulled many stocks higher, these lagged behind. Find out why.

By EconMatters

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