We have told investors and traders worldwide what it would take the start the rally and this here has to stop and bottom out for the markets to look forward as they have no clarity and therefore the selling keeps up.
We are going to be teach people how this works going forward in our SMF Economic Club you can sign up now by sending an email to info@stockmarketfunding.com or by calling us today at 702-685-0772 we will be happy to update you so that you can start planning your futures moving forward.
FREE Sign Up www.stockmarketfunding.com let SMF explain to you what this mean for YOU how you can take advantage of this.
SMF NOTES The Bank of Japan on Thursday stepped up measures to help embattled companies weather the credit crisis, unveiling plans to buy up to Y1,000bn ($10.7bn) in corporate bonds and extend its purchases of other assets in an acknowledgement that Japan's economic downturn would last longer than it had initially expected.
The BoJ said it would buy corporate bonds rated A and higher from financial institutions as well as extend its programme to buy commercial paper and provide unlimited collateral-backed loans to financial institutions, but kept its key policy rate unchanged at 0.10%. Economic conditions have deteriorated significantly and are likely to continue deteriorating for the time being," the BoJ said in a statement, adding that Japan was likely to see prices falling by the spring.
The central bank's move, which was widely anticipated, failed to ease concerns about the outlook for the Japanese economy. The latest measures come on the heels of the BoJ's decision to buy a total of up to Y3,000bn in commercial paper by the end of the fiscal year, increase its purchases of government bonds and accept corporate bonds issued by real estate investment trusts as collateral for loans to financial institutions.
Prepare yourself for the "New Economy"