Bloomberg report on "mixing central bank stimulus with a weakening yen to create rising profits and a stock market that soared to an eight-year high"

Until August that is.

  • Earnings poised to retreat
  • For the first time since 2012 more Japanese companies are missing forecasts than beating
  • Yen just staged its biggest weekly rally since 2009 even though the Bank of Japan cut interest rates to below zero

More at Bloomberg on the sharp falls in Japanese stocks