http://www.washingtonsblog.com/2015/03/stocks.html
The Journal provided lots of details that I won’t get into here. But
the paper also presumed that all these central bank stock purchases were
being done on the Tokyo market and that only the shares of Japanese
companies were being rigged.
That’s not necessarily the case. The Bank of Japan — and other
central bankers around the world — could easily be purchasing shares of
American companies to help out the US stock market.
And Japan could even be doing it with the blessing of Washington,
which is afraid any direct intervention in equities on its part would be
discovered by nosy people like me.
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