Goldman Sachs on the BOJ: Leaving policy unchanged a "fatal miscalculation"

Check out Business Insider for the comments from Goldman Sachs on the Bank of Japan's decision last week:

• Decision a "fateful miscalculation"
• Does little to dispel the notion that the BOJ is running out of bullets
• Says the BOJ needs to "shock markets again and again, until they have no reason to question a central bank's commitment"

Check out that link above for much more.

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The note is from Goldman Sachs strategists Robin Brooks, Silvia Ardagna and Michael Cahill. Robin Brooks, in particular, has not been on a good run lately.