This is what they're reading in Japan in the Nikkei this morning

  • Bank of Japan nearly doubles ETF holdings in one year
  • The Bank buys exchange-traded funds as part of its monetary easing policy
  • The balance is 15.93 trillion yen (as of March 31)
    An 80% rise from a year ago

Says the paper:

  • The bank apparently buys frequently on days when the stock market dips in the morning, serving to stabilize share prices.

I guess I'll be filing this under 'What could possibly go wrong?'